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01-76 - 12-18 - Adopt 2002 Budget Brookview Golf Fund Resolution 01-76 December 18, 2001 Member LeSuer introduced the following resolution and moved its adoption RESOLUTION ADOPTING THE 2002 BUDGET OF THE BROOKVIEW GOLF FUND BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that the appropriations for the Brookview Golf Fund Programs for the calendar year 2002 shall be as follows: PROGRAM NUMBER DESCRIPTION AMOUNT 7151 Golf Operations $779,170 7152 Course Maintenance 895,535 7153 Pro Shop 127,690 7154 Grill 182,560 7155 Driving Range 80,900 7156 Par 3 37,425 TOTAL 2002 BUDGET $2,103.280 BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums appropriated shall be: DESCRIPTION AMOUNT Fees and Lessons: Golf Course $1 ,125,180 Driving Range 150,000 Par 3 248,815 Handicap 10,925 Patron Cards 56,000 Golf Lessons 33,350 Pro Shop Sales 76,000 Pro Shop Rentals 227,250 Concession Sales 226,500 Other 70,000 Interest Earnings 30,000 Less: Sales Tax & Credit Card Charges (150,000) TOTAL 2002 BUDGET $2.104.020 Resolution 01-76 - Continued December 18, 2001 Mary'E. Iderson, Mayor ATTEST: Donald G. Taylor, Ci!XXr, The motion for the adoption of the foregoing resolution was seconded by Member Bakken and upon a vote being taken thereon, the following voted in favor thereof: Anderson, Bakken, Johnson, LeSuer and Micks; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.