pages: GolfCommission/2010-11-17.pdf, 6
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GolfCommission | 2010-11-17 | 6 | month, you're basically covered. According to Kemper's report, year-to-date, although they're behind their budget, their net cash from operations which includes the management fee is $600,000, so after paying all the bills and taking their fee, Kemper has generated a profit of $600,000." Chair Sullwold: "But that has all been taken away by the City of Alameda." 6. ORAL COMMUNICATIONS, NON-AGENDA (Public Comment) 7. OLD BUSINESS None 8. WRITTEN COMMUNICATIONS Included in the Commission packet was a memorandum to the Finance Department showing a surcharge payment for October 2010 of $9,604. The year-to-date total to the General Fund is $42,214 for FY 2010/2011. 9. ITEMS FOR NEXT MEETING'S AGENDA Status Report on Long Term Lease and Mif Albright Negotiations including Golf Commission Update on Golf Complex Finances The Golf Commission discussed whether a December meeting should be held at all, or if it should be held on a date other than December 15, and it was decided that a special meeting should be held on December 8. 10. ANNOUNCEMENTSIADJOURNMENT The meeting was adjourned at 7:04 p.m. The agenda for the meeting was posted 72 hours in advance in accordance with the Brown Act. - 6 - Golf Commission Minutes - Wednesday, November 17, 2010 | GolfCommission/2010-11-17.pdf |