Title
RESOLUTION of the City of San Leandro City Council to Approve an Amendment to the 5-Year Golf Capital Improvement Program (CIP) Project Plan and to Authorize an Appropriation in the amount of $476,000 from the Golf Course Capital Improvement Fund for Identified Projects at Monarch Bay Golf Club
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WHEREAS, an agreement between the City of San Leandro and American Golf Corporation (AGC) requires that AGC submit to the City for its review and approval a proposed 5-year budget for major capital improvements, refurbishments, and enhancements to the Golf Course Facility; and
WHEREAS, AGC and the City propose an amendment to the list of proposed projects, a brief description of each is presented to this City Council; and
WHEREAS, the City Council is familiar with the contents thereof; and
WHEREAS, the City Council would like to appropriate monies from the Golf Course Capital Improvement Program (CIP) fund, in an amount not to exceed $476,000, towards improvements at the Monarch Bay Golf Club; and
WHEREAS, the City Manager recommends approval of said amendment to the 5-year Golf CIP Project Plan and an appropriation of $476,000 for the two projects.
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
That the amended 5-year Golf Course Capital Improvement Project Plan, and an appropriation from the Golf Course Capital Improvement Program Fund (account # 597-56-115) in an amount not to exceed $476,000 for capital improvements at Monarch Bay Golf Club, are approved and execution thereof by the City Manager is hereby authorized.