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HomeMy WebLinkAboutMemo - Mail Packet - 8/9/2016 - Memorandum From Johnny Hodges, Golf Board Chair, Re: Recommendation Regarding The Budgeting For Outcomes For 2017-18 BudgetGolf Administration 215 North Mason Street 3rdFloor PO Box 580 Fort Collins, CO 80522 970.416.2265 970.221.6586 - fax fcgov.com/golf MEMORANDUM Date: July 27, 2016 To: Mayor and City Councilmembers From: Johnny Hodges, Golf Board Chair CC: Golf Board Darin Atteberry, City Manager Re: Recommendations Regarding the Budgeting for Outcomes for the 2017-18 Budget The City of Ft. Collins Golf Board would like to inform the City Council that we are in full support of Offer 14.3, the Southridge Irrigation System Replacement. Replacing the irrigation system at Southridge Golf Course has been our top priority for several years and we have discussed this project with the City Council in the past. As stated in the offer narrative, the water savings is estimated to be 7 million gallons per year. Total cost of the project is $2.5 million. We have $500,000 that was set aside in the 2014/2015 budget process. We are requesting an additional $2 million in the 2017-2018 budget cycle to fully fund the project. Once we pay off current bond debt issues in 2018 and 2021, we feel we will be able to generate sufficient reserve funds for replacement of the irrigation system at City Park Nine Golf Course which is estimated to cost $1 million. Water conservation is a high priority for the Golf Board and we feel that funding these irrigation systems is an excellent investment for the City of Ft. Collins. Thank you for your consideration of this project. Sincerely, Johnny Hodges, Chair City of Ft. Collins Golf Board