HomeMy WebLinkAbout2018-205 CCRMember
moved its adoption:
RESOLUTION NO.
introduced the following resolution and
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RESOLUTION DIRECTING STAFF TO RECLASSIFY CENTERBROOK
GOLF COURSE TO A GOVERNMENTAL SPECIAL REVENUE FUND
WHEREAS, Centerbrook Golf Course is cunently and Enterprise fund; and
WHEREAS, The City's Financial Policies dictate that Enterprise funds charge
sufficient user fees to fund operations and capital maintenance; and
WHEREAS, Cash subsidies :from the City's General fund averaging $57,750 per
year from 2015 to 2017 have been required to maintain positive cash balance in the Centerbrook
Golf Course fund; and
WHEREAS, Centerbrook Golf Course would be more appropriately reported as a
Special Revenue fund.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota, that the Centerbrook Golf Course fund is now a Special Revenue
Fund and gives staff direction to proceed with the reclassification.
December 10 2018
Date Mayor
ATTEST: �Pa�Ll�VJ�fi=l�tll�IA�-City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
and upon vote being taken thereon, the following voted in favor thereof:
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.
Ryan
2018-205
Graves
Butler, Graves, Ryan, Willson
None