G-09-10-22-10C1 - 10/22/2009ORDINANCE NO. -i 1 . (0 -
AN ORDINANCE ADOPTING A BUDGET FOR THE FOREST
CREEK GOLF COURSE FOR FISCAL YEAR 2009-2010.
WHEREAS, CCA Silband/Golfcorp/Round Rock, Inc.
("Operator") has submitted a proposed capital budget for the
Forest Creek Golf Course for Fiscal Year 2009-2010, 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 2009-2010, 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 day of
b )1x-02 ' , 2009.
READ, APPROVED and ADOPTED on second reading this the
r- day of , 2009.
ALAN MCGRAW, Mayor
ATTEST:City of Round Rock, Texas
al(10- RONIGE
SARA L. WHITE, City Secretary
O:Awdox\SCC1ntsV0112V0905\MUNICIPAL\091008B2.DOC/rmc
Forest Creek Golf Club
FY 2009-2010 Capital Outlay Request
Priority
Number Item Description
1 Cart Path Replacement - Partial
2 Range Mats & Targets
3 Fairway Mower
4 Aerifier
5 Greensmower
6 Water pump motor
7 Front Entrance Enhancements
Sub Total
Contingency
Capital Outlay Request Total
Justification
Replace cracked areas
Install mats & targets
Replace old unit
Replace old unit
Replace old unit
Replace destroyed
irrigation motor
Modify gate and fence,
install planter, and replace
sign
EXHIBIT
Expected
Date of Replacement
Amount Purchase or New Item
$ 12,000 Jan 10
10,000 Feb 10
32,000 May 10
16,000 May 10
18,000 Mar 10
Replacement
Improvement
Replacement
Replacement
Replacement
5,000 Oct 10 Replacement
1,800 Dec 09 Improvement
$ 94,800
$ 94,800
City of Round Rock
Forest Creek Golf Course
2009-2010 Proposed Budget
DESCRIPTION OF ITEM
08-09 08-09 09-10
Approved Estimated Proposed
Budget Actuals Budget
Estimated Fund Balance 10/01/09
Less: Departmental Reserves
Unreserved Fund Balance
REVENUES:
Gross Receipts (@ 3%)
Interest
Total Revenues
Total Funds Available
$54,200
(5,420)
48,780
$54,200 $87,592
(5,420) (8,759)
48,780 78,833
50,000 53,045 50,000
4,200 1,680 1,800
54,200 54,725 51,800
60,492 103,505 130,633
EXPENDITURES:
Golf Course Equipment & Machinery 96,800 21,333 94,800
Total Expenditures 96,800 21,333 94,800
Estimated Unreserved Fund Balance 9/30/09
$6,180 $82,172 $35,833
DATE: October 15, 2009
SUBJECT: City Council Meeting — October 22, 2009
ITEM: *10C1. Consider an ordinance adopting the FY 2009-2010 Forest Creek Golf Course
Fund Budget. (Second Reading)
Department:
Staff Person:
Justification:
Finance
Cheryl Delaney, 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