G-00-01-13-9B2 - 1/13/2000ORDINANCE NO. 4 - oD_ Q/^ /3--96Q.....)
AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR
THE FOREST CREEK GOLF COURSE FOR THE YEAR 2000.
WHEREAS, CCA Silband/Golfcorp/Round Rock, Inc. ("Operator")
has submitted a proposed capital budget for the Forest Creek Golf
Course for 2000, and
WHEREAS, the City Council wishes to approve said capital
budget, Now Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS, THAT:
That the capital budget for the Forest Creek Golf Course
submitted by Operator for 2000, 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, and the Act.
READ and APPROVED on first reading this the day
of 0, 1999.
K:\WPDOCS\ORDINANC\091216B1.WPD/SC
READ, APPROVED and ADOPTED on second reading this the
3 ' day of , 199D.
ATTEST:
E LAND, City Secretary
2
ROBERT A. STLUKA, J , Mayor
City of Round Rock, Texas
City of Round Rock
Forest Creek Golf Club
1999-2000 Proposed Capital Budget
Estimated Fund Balance 10/1/99
Less Reserves *1
Estimated Revenue
Total Funds Available
Proposed Expenditures
$ 36,739
$ (6,246)
$ 84,407
$ 114,900
$ (114,900)
Estimated Unreserved Fund Balance 9/30/00 $ 0
Notes
*1 - Reserves at 17% of beginning balance
golfa00/summary
City of Round Rock
Forest Creek Golf Club
1999-2000 Proposed Capital Budget
Beginning Unreserved Fund Balance 10/1/99 $ 36,739
REVENUES:
Green Fees transfer (4%)
Transfer In From Golf Course Operator
Interest
Total Revenues
EXPENDITURES:
Structural Improvements
Kitchen Equipment
Golf Course Improvements
Golf Course Maintenance Equipment
Golf Shop Equipment
Fairway Mowing Unit
46,940
37,467
84,407
13,200
6,200
33,500
38,000
9,000
Contingency 15,000
Total Expenditures 114,900
Change In Operations (30,493)
Operating Reserves *1 6,246
Estimated Unreserved Fund Balance 9/30/00 $ 0
Notes
*1 - Reserves at 17% of beginning balance
golfa00/Budget
DATE: January 7, 2000
SUBJECT: City Council Meeting, January 13, 2000
ITEM: 9.B.2. Consider an ordinance adopting the Forest Creek Golf Course Capital
Budget. (Second Reading) The first reading of the ordinance was approved
on December 16, 1999. Staff Resource Person: David Kautz, Finance
Director