G-08-11-13-11A2 - 11/13/2008ORDINANCE NO. G -66-11-13- 1 IA2-
AN ORDINANCE ADOPTING A BUDGET FOR THE FOREST
CREEK GOLF COURSE FOR FISCAL YEAR 2008-2009.
WHEREAS, CCA Silband/Golfcorp/Round Rock, Inc.
("Operator") has submitted a proposed capital budget for the
Forest Creek Golf Course for Fiscal Year 2008-2009, and
WHEREAS, the City Council wishes to approve said capital
budget, Now Therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND
ROCK, TEXAS:
That the capital budget for the Forest Creek Golf Course
submitted by Operator for Fiscal Year 2008-2009, attached hereto
as Exhibit "A", is hereby approved.
The City Council hereby finds and declares that written
notice of the date, hour, place and subject of the meeting at
which this Ordinance was adopted was posted and that such
meeting was open to the public as required by law at all times
during which this Ordinance and the subject matter hereof were
discussed, considered and formally acted upon, all as required
by the Open Meetings Act, Chapter 551, Texas Government Code, as
amended.
READ and APPROVED on first reading this the 44 day of
, 2008.
' READ, APPROVED and ADOPTED on second reading this the
day of ' Lyc�- , 2008.
ATTEST:
SARA L. WHITE, City Secretary
0:\WDOX\ORDINANC\081023A4.DOC/rmc
ALAN MCGRAW, Mayor
City of Round Rock, Texas
City of Round Rock
Forest Creek Golf Course
2008-2009 Proposed Capital Budget
DESCRIPTION OF ITEM
07-08 07-08 08-09
Approved Estimated Proposed
Budget Actuals Budget
Estimated Fund Balance 10/01/08
Less: Departmental Reserves
Unreserved Fund Balance
REVENUES:
Gross Receipts (@ 3%)
Interest
Total Revenues
Total Funds Available
$54,224
(5,422)
48,802
$54,224 $62,807
(5,422) (6,281)
48,802 56,526
50,000 52,412 50,000
4,500 4,192 4,200
54,500 56,604 54,200
60,492 105,406 110,726
EXPENDITURES:
Golf Course Equipment & Machinery 46,000 48,021 96,800
Total Expenditures 46,000 48,021 96,800
Estimated Unreserved Fund Balance 9/30/09
$57,302 $57,385 $13,926
EXHIBIT
Forest Creek Golf Course
FY 2008-2009 Capital Outlay Request
Priority
Number Item Description
1 42 HP Diesel Tractor
2 Range Teeline & Targets
3 Cart Path Replacement - Partial
4 Bunker Rake
5 15 Pond Overflow
6 Green & Tee Perimter Drain
7 Trim Mower
8 Front Entrance Enhancements
9 Greensmower
Justification
Replace old unit
Install mats & targets
Replace cracked areas
Replace old unit
Increase pond capacity
Improve drainage, roots
Replace old unit
Modify gate and fence,
install planter, and replace
Replace old unit
Expected
Date of Replacement
Amount Purchase or New Item
$ 18,000
12,000
12,000
12,000
2,500
2,500
18,000
Oct 08
Nov 08
Jan 09
Mar 09
Mar 09
Mar 09
May 09
Replacement
Improvement
Replacement
Replacement
Improvement
Improvement
Replacement
1,800 June 09 Improvement
18,000 Aug 09 Replacement
Capital Outlay Request Total $ 96,800
DATE: November 6, 2008
SUBJECT: City Council Meeting — November 13, 2008
ITEM: *11A2. Consider an ordinance adopting the Forest Creek Golf Course Capital
Budget for FY 2008 — 2009. (Second Reading)
Department:
Staff Person:
Justification:
Finance
Cheryl Delaney, Assistant Finance Director
To maintain and improve the Forest Creek Golf Course, preserve the asset and keep it
competitive with other courses.
Funding:
Cost: N/A
Source of funds: N/A
Outside Resources: N/A
Background Information:
The City owns Forest Creek Golf course and has contracted with CCA Silband/ GolfCorp/Round
Rock Inc. (On -Course Strategies) to manage and operate the course. As part of the agreement,
the operator prepares a capital budget for capital improvements and equipment. The budget is
funded by 3% of gross fees generated by the course and submitted to the City on a monthly
basis. The course has always been self-supporting and no tax money or general revenues have
been required to operate the course or to pay debt service.
Public Comment: N/A