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RESOLUTION Approving the 5-Year Golf Capital Improvement Program (CIP) Project Plan and Authorizing an Appropriation in the amount of $133,000 from the Golf Course Capital Improvement Fund for Identified Fiscal Year 2015 Projects at Monarch Bay Golf Club (Tony Lema and Marina Golf Courses)
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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, refurbishment and enhancements to the Facility; and
WHEREAS, a summary of the proposed CIP projects and brief descriptions of each is presented to this City Council; and
WHEREAS, the City Council is familiar with the contents thereof; and
WHEREAS, the City Council wishes to appropriate monies from the Golf Course Capital Improvement Program (CIP) fund, in an amount not to exceed $133,000, towards improvements at the Monarch Bay Golf Club; and
WHEREAS, the City Manager recommends approval of said 5-year Golf CIP Project Plan and an appropriation of $133,000 for Fiscal Year 2015 projects.
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
That the new 5-year Golf Course Capital Improvement Project Plan, and an appropriation from the Golf Course Capital Improvement Program Fund, in an amount not to exceed $133,000 for capital improvements at Monarch Bay Golf Club, are approved and execution thereof by the City Manager is hereby authorized.