pages: GolfCommission/2005-04-20.pdf, 4
This data as json
body | date | page | text | path |
---|---|---|---|---|
GolfCommission | 2005-04-20 | 4 | 5-C Maintenance Status of Golf Complex and Capital Improvements, Vice Chair Santare. Vice Chair Santare reported that the two major Capital Improvement Projects (CIPs) are currently the Clubhouse project and the Urban Runoff project. Also reported that the golf courses are in good shape with the exception of some dead areas of grass. The weeds have been removed around the water on #14 of the Earl Fry Course and it looks very nice. 5-D Golf Complex Financial Report, Commissioner Corica. Commissioner Corica reported that total revenue from golf on the three (3) courses was down 51% for the month of March 2005 as compared to March 2004, with play down by 49%. For fiscal year 2004-2005, play is down 16% and revenue from golf is down 10%, as compared to fiscal year 2003-2004. The high number of rain days for the month and fiscal year is a contributing factor. All ancillary services were significantly below their revenue from last March. The Golf Complex showed a loss for the month of $316,042 for the month and a loss of $232,697 for the first nine months of fiscal year 2004/2005, down about $500,000 from the last fiscal year. 5-E New Clubhouse, Complex Entry and General Design and Construction Issues, Commissioner Wood. The General Manager reviewed that Commissioner Wood has taken the footprint of the Poplar Creek Golf Course and placed it on the Chuck Corica Golf Complex footprint and the design fits very well. The City of Alameda is currently negotiating with the City of San Mateo on a price for the plans. The General Manager also stated that he is working on getting a Project Manager from the Public Works Department as soon as possible. The General Manager met with the Chief Financial Officer for the City of Alameda, Juelle Ann Boyer and Emily Wagner recently. Ms. Wagner is a financial advisor who has put together a number of financing packages for municipal golf courses. The meeting entailed discussions regarding the declining revenue at the Complex. Also scheduled to work on the project is local CPA John Richey who will be putting together projections to see how much debt the Complex can afford. The plan is to present the package to the Golf Commission in a few months and then forward it on to City Council for approval. The suggestion was made to have another joint work session with City Council prior to the approval recommendation. The question was raised concerning the removal of the Fire Training Tower at the entrance of the Golf Complex. The General Manager stated the removal of the building is already being discussed with the Acting City Manager. 5-F Golf Complex Restaurant Report, Legends & Heroes. | GolfCommission/2005-04-20.pdf |