HomeMy WebLinkAboutGolf Board - Minutes - 05/18/1977L_1
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GOLF ADVISORY BOARD
MEETING - May 18, 1977
The meeting was called to order by the President, Bud Crandall. Minutes
were approved as read.
H. R. Phillips introduced Ronald R. Wood, City Director of Finance.
Mr. Wood explained that the Golf Fund had an overpayment of $40,143.00
in repayment of a loan from the Water Fund. A payment of $26,233.64 will
be credited as a scheduled payment from the Golf Fund for the year of 1977.
The balance of $13,909.36 will be refunded to the Golf Fund.
H. R. Phillips reported that one-third of the Golf Course Revenue is in
for this year. Memberships are usually purchased early in the year,
making revenue less for the rest of the year. A drop in memberships
has not been made up in green fees.
Jim Mitchell asked Mr. Wood for an overall picture of the financial condition
of the golf courses. Mr. Wood said there were no financial hardships and no
major problems. Quarterly reports will be available around the 15th of July.
Tom Peck's request for a beer license has been presented to the City Council.
If it is approved and granted, Tom's contract will be rewritten with 7% to be
paid by Tom to the City.
Jim Mitchell asked about the possibility of more golf courses in Fort Collins.
Members will meet with H. R. Phillips May 25th at 2:00 P.M. to view the
Pineridge property as a prospective site for an additional 18 hole course.
Jim recommended the Board express concern to the City Council about long
range planning for future golf courses.
Bud Crandall would like the By -Laws for the Golf Advisory Board to be
up -dated and rewritten.
The meeting adjourned.
MEMBERS PRESENT
Bud Crandall
Jim Mitchell
Sid Peretti
Nell Davis
H. R. Phillips
Ronald Wood
ABSENT
Dee Goodman
Lee Suniga
Vern Schuster
Respectfully submitted,
NELL DAVIS, Secretary