R-98-12-10-13D1 - 12/10/1998WHEREAS, CCA Silband /Golfcorp /Round Rock, Inc. ( "Operator ")
has submitted a proposed capital budget for the Forest Creek Golf
Course for 1999, and
WHEREAS, the City Council wishes to approve said capital
budget, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
That the capital budget for the Forest Creek Golf Course
submitted by Operator for 1999, 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
Resolution was adopted was posted and that such meeting was open to
the public as required by law at all times during which this
Resolution 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, and the Act.
RESOLVED this 10th day of December/ 1998.
ATTEST:
N;\ WPDOCS \RES \R81210D1 /scg
RESOLUTION NO. R- 98- 12- 10 -13D1
, City Secretary
CHARLES CULPEP , Mayor
City of Round Rock, Texas
golfc99
City of Round Rock
Forest Creek Golf Club Capital Budget
1998 -1999 Proposed Budget
Fund #16
Estimated Fund Balance 10/1/98
Less Reserves ( *1)
Estimated Revenue
Total Funds Available
Proposed Expenditures
Estimated Unreserved Fund Balance 9/30/99
*1 - Reserves at 17% of beginning balance
$35,678
(6,065)
36,612
66,225
(41,000)
$25,225
City of Round Rock
Forest Creek Golf Club Capital Budget
1998 -1999 Proposed Budget
Fund #16
golfc99
ITB•
Beginning Unreserved Fund Balance 10/1/98
REVENUES:
Green Fees transfer (4 %)
Total Revenues
EXPENDITURES:
Fairway Mower, Riding Type
Contingency
Notes
*1 - Reserves at 17% of beginning balance
*2 - Planned future use to be developed
/posed
$ 35,678
$ 36,612
36,612
$ 26,000
15,000
Total Expenditures 41,000
Change In Operations (4,388)
Operating Reserves *1 6,065
Estimated Unreserved Fund Balance 9/30/99 *2 $ 25,225
CapitalPlan99.xls
Forest Creek Golf Club
Page 1
1999
2000
2001
2002
2003
STRUCTURAL
Cart Barn Renovation
$ 22,500
Painting - Interior & Exterior of Clubhouse
$ : 4,000
$ 6,500
& Cart Barn
Gazebo Type Information Center
$ 1,500
Window Tinting in Snack Bar
$ 1,500
Add Store Room on East Side of Bldg.
$ 5,500
KITCHEN EQUIPMENT
Refrigerator / Freezer
$ 3,500
Outdoor Grill
$ 1,500
GOLF COURSE IMPROVEMENTS
Drainage # 4 Fairway
$ 4,000
Resurface, paint and light Parking Lot
$ 14,000
Ballwashers & Trashcans w /new tee signs
$ 5,900
Engineer Evaluation of water hazard
$ 2,000
New Fence around Maint. Shop
$ 8,000
Cart Path Repair
$ 10,000
GOLF COURSE EQUIPMENT
Two (2) Triplex Mowers
$ 30,000
One (1) Fairway Unit
$ 26,000
One (1) Trim Unit
$ 16,000
One (1) Beverage Cart
$ 5,000
One (1) Spray Rig
$ 16,000
CapitalPlan99.xls
Forest Creek Golf Club
Page 1
One (1) Chipper
$ 10,000
One (1) Curbing Machine
$ 4,000
Two (2) Utility Vehicles
$ 8,000
$ 12,500
One (1) Trim Unit
$ 18,500
$ 19,500
One (1) Sand Trap Machine
$ 13,000
One (1) Triplex
$ 15,000
One (1) Fairway Unit
$ 27,000
Two (2) 72" Mowers
$ 30,000
One (1) Triplex
$ 15,000
One (1) 32 HP Tractor
$ 15,000
One (1) Toro Workman
$ 12,000
One (1) Rough Cutting Unit
$ 32,500
TOTALS
$ 142,900
$ 77,500
$ 72,000
$ 52,000
$ 71,000
CapitalPlan99.xls
Forest Creek Golf Club
Page 2
DATE: December 4, 1998
SUBJECT: City Council Meeting, December 10, 1998
ITEM: 13. D. 1. Consider a resolution adopting the Forest Creek Golf Course
Capital Budget,
The golf course operator provides a capital budget to the Council
annually which is funded by 4% of green fees each year. The budget
provides funding for capital equipment and capital improvements to the
golf course facilities. Staff Resource Person: David Kautz, Finance
Director
Due to the magnitude of items requested this year, and to give the Council adequate time for
considering all of the items, this budget proposal provides funding only for a fairway mowing unit
and a contingency account. The remaining proposed items will be considered for approval at a
later meeting.
A copy of the proposed budget is attached.