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Home My WebLink AboutResolution - 3833 - Adopts 1992 Golf Development Plan - 03_12_1992Resolution No. 3833 March 12, 1992 Item #17 RESOLUTION WHEREAS, the City Council of the City of Lubbock, Texas, in 1991 determined that improvement of Meadowbrook Golf Course was a high priority among proposed park projects; and WHEREAS, pursuant to this determination, a Golf Development Committee consisting of local citizens was formed to develop and recommend maintenance, construction and design standards for Meadowbrook, to prepare a development plan along with a recommended schedule for implementing and achieving the plan's specific objectives over a five-year period, and to recommended ways of funding the plan's objectives; and WHEREAS, the Golf Development Committee subsequently created and submitted to the Park and Recreation Board of the City for review the Golf Development Plan attached to this Resolution and incorporated herein by reference; and WHEREAS, the Park and Recreation Board recommends that the Plan be adopted by the City Council and implemented over a six -year period; and WHEREAS, the City Council has reviewed the Golf Development Plan attached hereto and concurs with the recommendation of the Park and Recreation Board; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Golf Development Plan submitted by the Golf Development Committee is hereby adopted for the City of Lubbock and the City Manager and Director of Parks and Recreation are hereby authorized and directed to implement the Plan in accordance with the Park and Recreation Board's recommendation beginning April 1, 1992. Passed by the City Council this 12th day of March , 1992. B. C. MCMINN', MAYOR ecreta APPROV D AS TO CONTENT: 10A�,� ita Harmon, Assistant City Manager APPROVED AS TO FORM: aro Wi ar ssistan City Attorney HW:dw agenda-Wl/GolfPlan.Res GOLF DEVELOPMENT vvvvv/ v v �/ PLAN 1992 GOLF DEVELOPMENT PLAN 1992 Presented by the Golf Development Committee INTRODUCTION/SUMMARY Over the last seven months, a Committee of local citizens has spent con- siderable time and effort to closely examining the maintenance, con- struction, design, and operations of Meadowbrook Golf Course in an effort to develop recommendations to improve the playability of the Golf Course and, ultimately, upgrade the overall quality of the Meadowbrook Golf Course to a first-class municipal course in West Texas. The Com- mittee's recommendations fall into three categories: I. Enhn ced Maintenance -- Those activities, in addition to the current level of activities, needed to increase the turf and p�jJ1 ayabppi l i ty of the/course . II. Course Improvements -- Those activities outside of typical ongoing maintenance activities, such as irrigation improve- ments, that are one-time activities, that would also increase playability. III. Course Amenities -- These are capital improvement items not necessarily related to the playability of the course, but that provide the amenities at a golf course that are desired by players and increase the overall satisfaction and golfing experience, such as putting greens, driving ranges, club- house renovations, and water hazard improvements. The 13-member Committee, along with the assistance of George Manuel, Agronomist with the U. S. Golf Association, and the Golf staff, identi- fied basic objectives, reviewed the needs of the course, prioritized those needs, and developed recommendations for implementation. A major part of the recommendation is associated with the funding of these improvements. There was considerable discussion whether or not these improvements should come from the General Fund so as to provide a first- Golf Development Plan March 6, 1992 Page 2 class municipal recreational opportunity for Lubbock citizens or the improvements should be paid with fee increases. The recommendation in the Golf Development Plan has all improvements paid through increases in fees to include daily, weekend, late, and junior and senior fees; cart fees, and membership fees. The Committee felt strongly that the improvements should begin with this playing season and, therefore, the initial fee increases are recommended to begin April 1, 1992. The cart fees would begin in October, 1992, with the membership fees in January, 1993. It is recommended that improvements be phased in over a three- year period. The details of the Golf Development Plan, including the approach the Committee took in examining the needs, developing stan- dards, and reviewing alternatives, details of the maintenance course improvements, and amenity recommendations, along with the funding plan, is provided below. BACKGROUND During the 1991 City Council Retreat, the improvement of Meadowbrook Golf Course was listed as one of the three high priorities in the parks and leisure activities area. In response to this priority, a Golf Development Committee was formed in June, 1991, to develop and recommend maintenance, construction and design standards for the course; to pre- pare a development plan with specific objectives to be achieved; to rec- ommend an implementation schedule and identify objectives to be achieved annually over a five-year period and to recommend financial or funding alternatives, if applicable. The committee members are: Bob Covington Covington Landscape Parks and Rec. Board Gene Coleman A & L Laboratories Team Brian Daniel Lakeridge Country Club George Fugitt Jordan Equipment Chip Gilmour First National Bank Jesse Johns, Player Meadowbrook Golf Course Steve Long Chaparral Oil & Gas Joe May Whisperwood National Bank Chair, Parks and Rec. Board Jeff Mitchell Coach/T.T.U. Women's Golf Troy McNeal Transamerican Soil Blenders Bob Nash KAMC-Television Beryl Shumacher Women's Golf Association William Watson, Player Meadowbrook Golf Course Golf Development Plan March 6, 1992 Page 3 The committee identified three basic objectives: 1. Improve the playability of the golf course through an enhanced maintenance program. :— 2. Complete all needed course improvements focusing on nine holes at a time. '!� c -� .�. 3. Provide a multi-phasedrapproach for capital improvements beginning after an enhanced maintenance program has been Based on these objectives, an implementation plan covering three basic areas: enhanced maintenance, course improve- ments, and clubhouse and course amenities was developed. METHODOLOGY The first step included George Manuel visiting Meadowbrook Golf Course and preparing an advisory report to the golf staff on turf maintenance. Manuel presented his findings to the committee and facilitated several discussions on golf course maintenance standards and priorities. His input led to an analysis of needs for the golf course which included the three basic objectives listed above. Once the golf course needs were established, the golf development committee prioritized them in order of importance. The committee felt that enhanced maintenance was the first priority in improving the playability of Meadowbrook Golf Course. Once the enhanced maintenance has been implemented, the golf course will be reevaluated to determine how much major capital improvement will need to be done to the greens, tee boxes, and fairways. Presently, the proposed course improvements include irrigation and turf improvements. After the course improvements are added to the program, clubhouse and course amenities are incorporated into the overall development plan. During the golf development program, a survey of other golf courses throughout the state of Texas was used to develop maintenance standards, equipment inventories, personnel levels, membership and green fees. These survey results were used by the committee for developing standards to be applied to the Meadowbrook Golf Course Plan. Once the planned program improvements were identified for the Meadow - brook Golf Course, a financial cash flow model was created to detail funding requirements. The financial model most desired by the committee was one in which a cash reserve was established for future reconstruc- tion. Improving the Meadowbrook Golf Course is contingent on achieving the objectives developed by the committee. These objectives are detailed in the following sections: Golf Development Plan March 6, 1992 Page 4 I. ENHANCED MAINTENANCE (1992-1994) One area identified by the Committee and staff was enhanced levels of maintenance. These activities, to be phased into operations over two years, are those that are in addition to the level of maintenance cur- rently being performed. For the most part, these maintenance activities would be the level needed to be implemented before capital improvements should begin. The detailed maintenance program lists the proposed improvements to the current operations. An equipment schedule is included to support any proposed enhanced maintenance programs. Elements -- The enhanced maintenance program begins with improved weed control. Adding a pre -emergent and a post -emergent program to current operations is planned. An animal control program is also planned. The fertilization program presently in place will be increased on both tees and greens. The aerification program to improve drainage and stimulate growth will also be increased to include deep -tine aerifying twice a year and conventional aerifying twice a year. Top dressing of greens will be increased by raising the number of regular applications from twice yearly to four times yearly. A light top dressing program will also be implemented on the greens which includes six applications. The vertical program will be expanded to include tee boxes twice a year. Soil testing will also expand to include fairways, greens and tee boxes. Greens only are being tested currently. Definition of the fairways which includes overseeding, mowing fairways and roughs different heights, will be improved to accommodate tournament requirements. Pes- ticide applications will be expanded to include collars and aprons. The fairway mowing program will be doubled from twice weekly to four times weekly. Maintenance of signs, yardage markers, and benches will be increased from three times yearly, to once a month. Improving the main- tenance of irrigation systems is proposed through the increasing of hours related to the irrigation system. Mowing of roughs and trim mow- ing is proposed to increase through additional man-hours. The equipment maintenance program proposes to improve its operation by increasing the amount of hours pertaining to maintenance tasks. Costs -- The first year of enhanced maintenance is projected to cost $51,646 for maintenance and supplies, 5,675 man-hours or an increased staffing level of 2.7 employees, and $69,804 for equipment. The second year is projected to cost $51,695 for maintenance and supplies, 4,845 man-hours or an increased staffing level of 2.3 employees, and $67,800 for equipment. The total cost increase for the proposed enhanced main- tenance program, on an annual basis is estimated to be an additional $103,341 in maintenance and supplies, and 10,520 man-hours or an increased staffing level of 5.0 employees, to implement the planned increased activities and $137,604 in equipment to support the mainte- nance tasks. The total cost of the two-year enhanced maintenance pro- gram is $320,105. Golf Development Plan March 6, 1992 Page 5 It was evident that the level of maintenance staff at Meadowbrook was equal to or less than the average staff for an 18 hole course and that increased staffing, supplies and equipment is necessary to increase the quality of turf and playability of the course. II. COURSE IMPROVEMENTS (1994-1998) An implementation plan for course improvement, covering four years to complete, is being recommended after the two-year enhanced maintenance program has been implemented. This course improvement program will be re -assessed after the enhanced maintenance program has been implemented. This will determine if the maintenance improvements have reduced the need to complete some of the following planned course improvements. The enhanced maintenance program will not impact the irrigation extension projects. 1994-95 -- During the first year, improvements would begin with Meadow - brook 1-9 and would include extension of the irrigation system on holes #4 and 5, and turf improvements that include discing the soil, leveling and reseeding of fairways #3,4,5,7, and 9. Reseeding would occur on 100% of all nine fairways to develop consistent grass throughout the golf course. The total cost for the turf improvements and improved irrigation for Meadowbrook 1-9 would be approximately $16,516. During the first year of course improvements, the configuration of Squirrel Hollow requires innovative changes in the layout of the course. Because of the continuous play and the interlacing holes, it is not pos- sible to divide Squirrel Hollow into Holes 1-9 and 10-18. However, to close the entire 18 holes would cause Meadowbrook to lose players and significantly impact play and revenues. Therefore, it is recommended during this year of improvements that play be re-routed into a new con- figuration for a front 9 and a back 9 as follows: The holes for Squirrel Hollow Front 9 would include #1, 2, 3, 4, 5, 6, 16, 17, 18. The routing of the play for Squirrel Hollow Back 9 would include holes #12, 13, 14, 15, 7, 8, 9, 10, 11. Re-routing the Squirrel Hollow Golf Course would require hiring tempo- rary personnel to monitor a starter shack for maintaining control of play due to the location of the Squirrel Hollow back nine. There also would be costs for the construction of a starter shack, paving, signage, and communication between the pro shop and the starter shack. The above costs for re-routing the Squirrel Hollow Golf Course would be about $20,000. Re-routing would be implemented the first year following the implementation of the Enhanced Maintenance Program. Golf Development Plan March 6, 1992 Page 6 1995-96 -- The second year improvements would focus on Meadowbrook Holes 10-18. During the second year, a similar strategy would be followed. Improvements would begin with irrigation extensions from tee to fairway on holes 11, 13, 16, 17 and 18, and the turf improvement requiring disc- ing the soil, leveling, and reseeding fairways #10, 11, 13, 14, 15, 16, 17, and 18. Reseeding would occur on 100% of all nine fairways to develop consistent grass throughout the Golf Course. The cost for improvements on Meadowbrook 10-18 would be $24,715. 1996-97 -- Improvements for Squirrel Hollow Front 9 would be done the third year. During the third year, the same strategy would be followed. Irrigation extension would not be required on the nine holes. This year would include the automation of the irrigation system throughout the remainder of the Golf Course. The cost of the irrigation automation would be $60,000. The turf improvement procedure to Squirrel Hollow would also be similar to the Meadowbrook phase. This includes discing the current soil, lev- eling, and reseeding fairways #2, 3, 4, 5, 7, 8, and 9. Due to soil conditions on fairway #5, a considerable amount of top soil ($19,500) will need to be applied to improve the playability of Hole #5. Reseed- ing would occur on 100% of all nine fairways to develop consistent grass throughout the golf course. The cost for improvements on Squirrel 1-9 would be $91,360. 1997-98 -- The fourth year of course improvements would be completed on Squirrel Hollow Back 9. During the fourth year, a similar strategy would be followed. The irrigation extended from tee to fairway on holes 10, 15, and 18, and the turf improved requiring discing the soil, level- ing, and reseeding fairways #10 through 18. Due to soil conditions on fairways #10 and 18, a considerable amount of top soil ($30,500) will need to be applied to improve the playability of Holes #10 and 18. Reseeding would occur on 100% of all nine fairways to develop consistent grass throughout the Golf Course. The cost for improvements on Squirrel 10-18 would be $49,780. III. CLUBHOUSE AND COURSE AMENITIES (1992-1998) In addition to the course improvements identified by the Committee, there are ten additional improvements that fall into the category of amenities for either around the Clubhouse or the Golf Course. These include a bentgrass nursery, restrooms, clubhouse, putting green, water hazards, parking lot, equipment barn, and driving range. FY 1992-93 -- Bentgrass Nursery - construction of a bentgrass nursery costing $28,000. FY 1993-94 -- Restrooms Reconstruction - construction of three new restrooms at a cost of $15,000. Golf Development Plan March 6, 1992 Page 7 FY 1994-95 -- Clubhouse - Phase I - improvements include roof repair, HVAC replacement, and interior remodeling are expected to cost $133,000. Expanded Putting Green - increase putting green from 9500 square feet to 19,000 square feet at a cost of $40,000. Water Hazards - dredging of the entire creek bed at a cost of $35,000. FY 1995-96 -- Clubhouse - Phase II - improvements include land- scaping and interior furnishings which are expected to cost $20,000. FY 1996-97 -- Parking Lot Resurfacing - resurface the present parking lot at a cost of $27,000. Expanded Parking Lot - expansion of the present parking lot is anticipated to cost $20,000. Equipment Barn - construction of a new equipment barn is antici- pated to cost $75,000. FY 1997-98 -- Driving Range - project includes turf improvements similar to the work completed on the fairways, construction of a new ball shack, and replacement of the yardage markers. The cost of the driving range improvements is $164,500. GOLF DEVELOPMENT COMMITTEE COMMENTS The committee wanted to let the Council know how much funding is required to complete the golf course improvements and the enhanced main- tenance program immediately. The required funding, to complete the plan in two years rather than six, would be $1,081,860. This includes an ongoing increase in the maintenance budget of $182,501 and $137,604 for maintenance equipment to support the enhanced maintenance program, for a total of $320,105; $562,500 for course amenities, and $186,555 for course improvements. Completing major improvements in a shorter time frame may result in less revenue due to closure of portions of the golf course. The enhanced maintenance program would need to be financed through a much higher initial increase in green fees. The green fee increases required to support all these immediately would be: Weekend rate $ 9.00 - $ 14.00 Daily rate $ 7.00 - $ 11.00 Late rate $ 5.50 - $ 9.00 Jr./Senior rate $ 4.00 - $ 7.00 Golf Development Plan March 6, 1992 Page 8 Such drastic increases would have a detrimental effect on play. The Committee also discussed asking the City to pay for at least part of these improvements out of the general fund; however, with the current economic conditions that did not appear to be a viable option. The Com- mittee candidly discussed the option of privatization; that if the City was unable to support the fee increases to provide for the needed improvements, then some consideration needed to be given to contracting it out. First preference was for the City to support the increases nec- essary to provide the desired quality of play. RECOMMENDATION Another way these improvements can be accomplished would be a six -year program which would include the following: 1. Approval of the golf development plan as written under the financial model which includes a cash reserve for future reconstruction. 2. Support a proposed rate increase which would go into effect April 1, 1992. 3. Review of the maintenance improvements after two years. Fees -- The staff understands the committee's desire to achieve an imme- diate impact on improvements to the Meadowbrook Golf Course. However, another way of implementing improvements would be to implement the golf development plan over a six -year period. If the proposed six -year plan is approved, staff recommends a price increase in green fees effective April 1, 1992. These increases are as follows: Weekend rate $ 9.00 - $ 11.00 Daily rate $ 7.00 - $ 9.00 Late rate $ 5.50 - $ 7.00 Jr./Senior rate $ 4.00 - $ 5.00 By instituting these price increases April 1, 1992, we project approxi- mately $55,000 in additional revenue for the remaining six months of FY 91-92. Over a one-year period, this increase will yield $123,000 in revenue for personnel, supplies, and equipment. This additional revenue for the first year will be targeted for four additional part-time workers, animal control, weed control, increased top dressing of tee boxes and greens, and increased mowing of fairways. The full-time employees would not be added until the 1992-93 fiscal year. The equip- ment required to implement the enhanced maintenance plan can be funded from current fund balance in the Golf Permanent Capital Maintenance Fund. Golf Development Plan March 6, 1992 Page 9 Costs -- Effective October 1, 1992, the cart rental fees would be increased from $7.50 for nine holes to $8.25 for nine holes or $15.00 to $16.50. Over a one-year period, this increase would yield $45,000. Membership Fees -- During the Golf Development committee meetings, there was considerable discussion related to the cost of memberships and the amount of weekend usage by members. Staff outlined to committee members that 20% of play on the weekends was being used by members. The major- ity of which is senior full members. The Committee considered limiting members to weekdays only and restructuring the rates. However, for now, Committee members agreed an increase in membership fees would be appro- priate and the current practices would continue. This may need to be re-evaluated over the next couple of years. These increases are as fol- lows: Regular $ 430.00 - $ 550.00 Senior -Full $ 225.00 - $ 310.00 Senior -Limited $ 185.00 - $ 240.00 Future Fees -- To complete the entire implementation of the enhanced maintenance program, future rate increases in subsequent years is planned. To fund the course improvements and amenities, an additional $1.00 increase per year is needed in each of the green fee rates for fiscal years 93-94, 94-95, and 95-96. Cart rental fees will need to be increased from $8.25 to $9.00 per nine holes in fiscal year 93-94. Membership fees will need to be increased again in FY94-95. The increases are as follows: Regular Senior -Full Senior -Limited SUMMARY $ 550.00 - $ 600.00 $ 310.00 - $ 400.00 $ 240.00 - $ 275.00 At the Parks and Recreation Board meeting on February 18, 1992, the Board reviewed the Meadowbrook Golf Course Development Plan, as pre- sented by the Golf Development Committee and staff. The Parks and Recreation Board recommends the City Council approve the six -year imple- mentation plan. Enhanced Main:,..,ance Program First and Second Year Operations Improvements Enhanced Maintenance Tasks Current Tasks Costs Manhours Additional Tasks To Be Performed FIRST YEAR MAINTENANCE IMPROVEMENTS c/ Weed Control; Fairways Post -Emergence; $10,000 20 2 Pre -Emergent Applications annually/ Pre -Emergence, 3 times annually/entire course Entire Course - On -going Post -Emergence Greens Pre -Emergence; -0- -0- N/A - Continue current maintenance 2 times annually/entire course Tee Boxes -0- $661 64 2 Pre -Emergent Applications annually 2 Post -Emergent Applications annually Entire Course - On -going *Enhanced Maintenance Equipment includes Two Braodcast Seeders and One Drop Seeder - Cost $650 Aerification Fairways -0- -0- 160 Aerify 2 times annually/ Program 'h� Sliced 2 times/season Greens Conventional Aerifier/ -0- 132 Deep tine 2 times annually 2 Times annually Continue conventional aerifying Tee Boxes -0- -0- TO Aerified 2 times annually/ Sliced 2 times/season *Enhanced Maintenance Equipment includes One Yeager Aerator - Cost $10,854 J Verti-Cut Greens ,,,Program 9 2 Times annually -0- 120 Increase verti-cut one additional time annually Tee Boxes -0- -0- 80 2 times annually *Enhanced Maintenance Equipment includes One Set of Verticut Reels - Cost $1,800 Animal Control Fairways/ -0- $15,000 -0- Eradicate burrowing animals. Program Greens/ After two years, 30% decline in costs %1 Tee Boxes and manhours. Enhanced Maintenance Program First and Second Year Operations Improvements Enhanced Maintenance Tasks Current Tasks Costs Manhours Additional Tasks To Be Performed Top -Dressing Greens Regular Top dressing 2 Times $24,000 338 Add 2 heavy top -dressings following annually following deep tine aerification/6 light top - conventional aerification dressings during season. Continue current top -dressings. *Enhanced Maintenance Equipment includes a One -Yard Capacity Top Dresser - Cost $7,500 Mowing Fairways 2 Times weekly/ -0- Program Entire Course -During season *Enhanced Maintenance Equipment includes One Fairway Mower - Cost $49,000 J Maintenance of 36 Holes- Repair breaks when they -0- Irrigation automated occur. System Equipment Presently Mechanic work is done -0- Maintenance and maintains on an as needed basis Repair 36 pieces on golf course. Personnel of equip. assists the mechanic i (13 new in this area; 60 hours pieces are per week. planned.) Drainage Greens -0- $500 Maintenance 1,400 Increase to 4 times weekly/ Entire course -During season 2,080 Add one employee to concentrate on improving irrigation system. After two years, 25% decline in repair costs. 1,040 Resassign personnel to have two full- time employees to perform daily/ preventative maintenance. 48 Install drainage tile on #17 green. Decline to -0- after first year. Irrigation Greens N/A $1,275 75 Install quick -couplers on greens. Upgrade (26 total) Decline to -0- after first year. Irrigation Tee Box #9 N/A $210 48 Relocate irrigation to improve cover. Upgrade Decline to -0- after first year. TOTALS $51,646 5,675 Enhanced Maint.,,ance Program First and Second Year Operations Improvements Enhanced Maintenance Tasks Current Tasks Costs Manhours Additional Tasks To Be Performed SECOND YEAR MAINTENANCE IMPROVEMENTS Top -Dressing Tee Boxes Par three's only. 3 Times $25,200 212 Increase top -dressing of Par 3's from during season. 3 times per year to 12 times per year. Top -dress all other tees 3 times yearly. *Enhanced Maintenance Equipment includes Two Kawasaki Maintenance Vehicles - Cost $7,300 Mowing Tee Boxes 2 Times weekly -0- 700 Increase to 3 times weekly/ Program Rough Fairway Mow entire course -0- 700 Increase to mow entire course 1 time Mowing Roughs 1 time weekly w/some weekly with follow-up mowing. follow-up mowing. *Enhanced Maintenance Equipment includes One Flail Mower - Cost 544,000 Trim Around Mow 1 time weekly -0- 2,080 Increase current to 2 times weekly with Mowing Greens, with some follow-up mowing some follow-up mowing. Tee Boxes, and Trees *Enhanced Maintenance Equipment includes Two Out -front Deck Mowers - Cost $15,000 Bathrooms Three Sweep floors, empty -0- 290 Increase current to 2 times daily. Locations trash, wipe down sinks and toilets, refill toilet paper and paper towel dispensers - 1 time daily. Soil Fairways -0- $70 8 One time yearly. Testing Three composite samples of fairways. Greens Composite samples of 4 different $700 8 Sample each green one time yearly. soil types individually Tee Boxes -0- S70 8 One time yearly. Three composite samples of twelve tee boxes. Enhanced Maim. dance Program First and Second Year Operations Improvements Enhanced Maintenance Tasks Current Tasks Costs Manhours Additional Tasks To Be Performed Define Fairways 1" Trench lines $9,400 3 Additional seed in immediate rough Fairways three times yearly. areas, and maintain with difference in mowing height. Fertilizing Fairways 1 app. of 21-0-0 -0- -0. Continue current Program 2 apps. 16-4-12 w/5% Fe 2 apps. 50% fritted Fe (per each 18 holes) Greens Apply par -Ex 21-3-16 $1,300 40 8 times yearly. Apply Sul-Po-Mag 6 times yearly. Apply 0-0-50 2 times yrly. Apply Map -Fe 12 times yearly (per each 18 holes) Tee Boxes 3 Times yrly. i 5600 100 *Enhanced Maintenance Equipment includes One Vicon Spreader - Cost $1,500 Other Pesticide Greens Apply insecticide one time $3,000 100 Applications monthly for 6 months/per 18 hole course. Apply fungicide 1 time monthly for 6 months/per each 18 hole course. Tee Boxes -0- $2,000 60 Maintenance Fairways Edge, clean, and repaint yardage $250 162 of Signs, markers three times yearly. Yardage Markers, 2 Additional apps. of Sul-Po-Mag 4 additional application of 0-0-50 Continue Current 3 applications of 50% fritted Fe Continue current, but expand all applications to include all collars and aprons. Incorporate insecticide program on tee boxes. Increase current to one time monthly. Benches Tee Boxes Clean and repaint $150 24 Increase current to 2 times yearly. Tee markers 1 time yearly. Treat wood on tee signs for weather damage. Hand Trees, Signs, Hand trim around trees, tee signs, -0- 650 Trim areas to continually cover course Trimming and Fence and fence lines once a month. during season in order to manicure entire golf course. TOTALS $51,695 4,845 Enhanced Maintenance Equipment EQUIPMENT NEEDED FOR FIRST YEAR ENHANCED MAINTENANCE IMPROVEMENTS 1.) Two Broadcast Seeders and one Drop Seeder Cost $650 2.) one Yard Capacity Top -Dresser (Pull -type) Cost S7,500 3.) Fairway Mower (Hydraulic -Driven) Cost $49,000 4.) One Set of Verticut Reels Cost $1,800 5.) Yeager Aerator Cost S10,854 EQUIPMENT NEEDED FOR SECOND YEAR ENHANCED MAINTENANCE IMPROVEMENTS 1.) Truckster Mounted Vicon Spreader Cost $1,500 2.) Two out -front Deck Mowers Cost $15,000 3.) Three -gang Flail Mower Cost $44,000 4.) Two Kawasaki Maintenance Vehicles Cost $7,300 Course Improvement Summary Meadowbrook Squirrel 1-9 10-18 1-9 10-18� y� - --�-> Fairways:a-�- Irrigation Extension (Holes #4 & 5) (Holes #11,13,16,17,18) N/A (Holes #10,15,18) a) Cost E2,300 E9,000 N/A E5,500 b) Manhours 312 hours 520 hours N/A 240 hours Irrigation Automation N/A N/A (Holes #5,6,10-12,15-18) a) Cost N/A N/A $60,000 N/A b) Manhours N/A N/A N/A N/A Turf Improvement 1. Disc Harrow (Holes #3-5,7,9) (Holes #10,11,13-18) (Holes 2-5,7-9) (Holes 10-18) a) Cost $1,500 $1,500 $1,500 $1,500 b) Manhours 45 hours 45 hours 40 hours 50 hours 2. Replace Soil N/A N/A (Hole #5) (Holes 10,18) a) Cost N/A N/A $19,500 $30,500 b) Manhours N/A N/A 70 hours 90 hours 3. Till Soil (Holes #3-5,7,9) (Holes #10,11,13-18) (Holes 2-5,7-9) (Holes 10-18) a) Cost $1,500 $1,500 $1,500 $1,500 b) Manhours 45 hours 45 hours 40 hours 50 hours 4. Level the Fairways (Holes #3-5,7,9) (Holes #10,11,13-18) (Holes 2-5,7-9) (Holes 10-18) a) Cost $1,500 $1,500 $1,500 $1,500 b) Manhours 30 hours 30 hours 25 hours 35 hours 5. Seeding (Holes #1-9) (Holes #10-18) (Holes #1-9) (Holes #10-18) a) Cost $5,900 $5,735 $5,600 $5,600 b) Manhours 45 hours 45 hours 45 hours 45 hours TOTAL:Fairways Turf Improvements: a) Cost $10,400 $10,235 $29,600 $40,600 b) Manhours 165 hours 165 hours 220 hours 270 hours TOTAL:Fairways: a) Cost $12,700 $19,235 $89,600 $46,100 b) Manhours 477 hours 685 hours 220 hours 510 hours Holes #1-9 Meadowbrook Fairways: 1. Irrigation Extension What: Why: When: How Much: Man Hours: Who: 2. Turf Improvement A. What: Why: [:11 When: How Much: Man Hours: Who: Follow-up: What: Why: When: How Much: Man Hours: Who: Follow-up: Extend irrigation from tee to fairway. To Improve aesthetics & playability November Holes #4,5, (see chart) 312 hours Maintenance staff $2,300 Area in feet ($) Hole 1. N/A 6. N/A 2. N/A 7. N/A 3. N/A 8. N/A 4. 350($1,200) 9. N/A 5. 225($1,100) Disc Harrow Break-up top soil and place good soil on top for reseeding a start leveling process. March and April (see chart below) 45 hours Maintenance Staff Fuel $1,500 Begin mapping of low lying areas. q of Fairway: Hole 1. N/A 6. N/A 2. N/A 7. 30% 3. 40% 8. N/A 4. 40% 9. 30% 5. 40% Till soil Breakup larger chunks. Assist in Leveling. March and April Same as discing (see chart) 45 hours Maintenance staff Fuel $1,500 Monitor for leveling C. What: Level the Fairways Why: Complete leveling process, complete bed for seeding. When: Late April How Much: Same as discing (see chart) Man Hours: 30 hours Who: Maintenance staff with Parks triple flail mower $: Fuel $1,500 Follow-up: Monitor for leveling D. What: Seeding Why: Create consistent weed -free turf When: Mid-May/soil temperature 70 to 85 degrees. How Much: 100% of all nine holes Man Hours: 45 hours Who: Maintenance staff $: Seed $5,900 Follow-up: Will be monitored daily for proper growth. Summary of Meadowbrook 1-9 Cost: $12,700 Man Hours: 477 hours Holes #10-18 Meadowbrook Fairways: I. Irrigation Extension What: Extend irrigation from tee to fairway Why: To Improve aesthetics & playability When: November How Much: Holes #11,13,16,17,18 (see chart) Man Hours: 520 hours Who: Maintenance staff $: $9,000 Area in feet ($) Hole 10. N/A 15. N/A 11. 350($1,200) 16. 350($2,700) 12. N/A 17. 350($2,700) 13. 350($1,200 18. 350($1,200) 14. N/A 2. Turf Improvement A. What: Disc Harrow Why: Break-up top soil and place good soil on top for reseeding a start leveling process. When: March and April How Much: (see chart below) Man Hours: 45 hours Who: Maintenance Staff $: Fuel $1,500 Follow-up: Begin mapping of low lying areas. of Fairway: Hole 10. 30% 15. 20% 11. 30% 16. 70% 12. NA 17. 40% 13. 30% 18. 70% 14. 60% B. What: Till soil Why: Breakup larger chunks. Assist in Leveling. When: March and April How Much: Same as discing (see chart) Man Hours: 45 hours Who: Maintenance staff $: - Fuel $1,500 Follow-up: Monitor for leveling C. What: Level the Fairways Why: Complete leveling process, complete bed for seeding. When: Late April How Much: Same as discing (see chart) Man Hours: 30 hours Who: Maintenance staff with Parks triple flail mower $: Fuel $1,500 Follow-up: Monitor for leveling D. What: Seeding Why: Create consistent weed -free turf When: Mid-May/soil temperature 70 to 85 degrees. How Much: 100% of all nine holes Man Hours: 45 hours Who: Maintenance staff $: Seed $5,735 Follow-up: Will be monitored daily for proper growth. Summary of Meadowbrook 10-18 Cost: $19,235 Man Hours: 685 Holes #1-9 Squirrel In order to close only nine holes during renovation, Squirrel Hollow Golf Course needs to be rerouted. Fairways: NOTE: Irrigation Extension (None Required on Squirrel 1-9) 1. Irrigation Automation What: Include entire course in automated irrigation system. Why: Increase aesthetics and playability; reduce maintenance costs. When: November to March How Much: Holes #5, 6, 10-12, & 15-18 Who: Contract Man Hours: N/A - $: $60,000 2. Turf Improvement A. What: Disc Harrow Why: Break-up top soil and place good soil on top for reseeding and start leveling process. When: March and April How Much: (see chart below) Man Hours: 40 hours Who: Maintenance staff $: Fuel $1,500 Follow-up: Begin mapping of low lying areas. of Fairway: Hole 1. N/A 6. N/A 2. 30% 7. 30% 3. 30% 8. 40% 4. 10% 9. 20% 5. N/A B. What: Replace soil Why: Fill in low areas When: March and April How Much: 100% of Fairway #5 Man Hours: 70 hours with box blade, maintainer, dump truck, loader. Who: Labor and Equipment from Parks. $: Top -soil @ 4" depth $7.00 per ton Soil $18,000; Fuel $1,500 Follow Up: Monitor to keep track of low areas to map. C. What: Till soil Why: Breakup larger chunks. Assist in Leveling. When: March and April How Much: Same as discing (see chart) Man Hours: 40 hours Who: Maintenance staff $: Fuel $1,500 Follow-up: Monitor for leveling D. What: Level the Fairways Why: Complete leveling process, complete bed for seeding. When: Late April How Much: Same as discing (see chart) Man Hours: 25 hours Who: Maintenance staff with Parks triple flail mower $: Fuel $1,500 Follow-up: Monitor for leveling E. What: Seeding Why: Create consistent weed -free turf When: Mid-May/soil temperature 70 to 85 degrees. How Much: 100% of all nine holes Man Hours: 45 hours Who: Maintenance staff $: Seed $5,600 Follow-up: Will be monitored daily for proper growth. Summary of Squirrel 1-9 Cost: $89,600 Man Hours: 220 Holes #10-18 Squirrel Fairways: 1. Irrigation Extension What: Extend irrigation from tee to fairway. Why: To improve aesthetics & playability When: November How Much: Holes #10,15,18 (see chart) Man Hours: 240 hours Who: Maintenance staff $: $5,500 Area in feet ($) Hole 10. 300($2,000) 15. 200($1,500) 11. N/A 16. N/A 12. N/A 17. N/A 13. N/A 18. 300($2,000) 14. N/A 2. Turf Improvement A. What: Disc Harrow Why: Break-up top soil and place good soil on top for reseeding and start leveling process. When: March and April How Much: (see chart below) Man Hours: 50 hours Who: Maintenance staff $: Fuel $1,500 Follow-up: Begin mapping of low lying areas. of Fairway: Hole 10. N/A% 15. 20% 11. 30% 16. 30% 12. 30% 17. 50% 13. 60% 18. N/A 14. 20% B. What: Replace soil Why: Fill in low areas When: March and April How Much: 100% of Fairways #10, 18 Man Hours: 90 hours with a box blade, maintainer, dump truck, loader. Who: Labor and Equipment from Parks. $: Top -soil @ 4" depth $7.00 per ton Soil $29,000; Fuel $1,500 Follow Up: Monitor daily to keep track of low areas to map. C. What: Till soil Why: Breakup larger chunks. Assist in Leveling. When: March and April How Much: Same as discing (see chart) Man Hours: 50 hours Who: Maintenance staff $: Fuel $1,500 Follow-up: Monitor for leveling D. What: Level the Fairways Why: Complete leveling process, complete bed for seeding. When: Late April How Much: Same as discing Man Hours: 35 hours Who: Maintenance staff with Parks triple flail mower $: Fuel $1,500- Follow-up: Monitor for leveling E. What: Seeding Why: Create consistent weed -free turf When: Mid-May/soil temperature 70 to 85 degrees. How Much: 100% of all nine holes Man Hours: 45 hours Who: Maintenance staff $: Seed $5,600 Follow-up: Will be monitored daily Summary of Squirrel 10-18 Cost: $46,100 Man Hours: 510 Clubhouse and Course Amenities Improvement Summary FY 1992-93 Additional Nursery: a) Cost $28,000 b) Manhours N/A FY 1993-94 Restrooms Reconstruction: a) Cost $15,000 b) Manhours N/A FY 1994-95 Clubhouse Phase 1: a) Cost $133,000 b) Manhours N/A Expanded Putting Green: a) Cost $40,000 b) Manhours N/A Water Hazards: a) Cost $35,000 b) Manhours N/A FY 1995-96 Clubhouse Phase 11: a) Cost $20,000 b) Manhours N/A FY 1996-97 Parking Lot Resurfacing: a) Cost $27,000 b) Manhours N/A Expanded Parking Lot: a) Cost $20,000 b) Manhours N/A Equipment Barn: a) Cost $75,000 b) Manhours N/A FY 1997-98 Driving Range: a) Cost $164,500 b) Manhours N/A I Clubhouse and Course Amenities 1. Additional Nursery What: Addition of bentgrass nursery to maintenance. Why: Aid in green repair. When: November to July How Much: 5000 square feet of bentgrass. Man Hours: N/A Who: Contract $: $28,000 Follow -Up: Include in daily maintenance program 2. Restrooms Reconstruction What: Reconstruction of Golf Course restrooms Why: Improve service to golfers When: November to March Location: Two locations Man Hours: N/A Who: Contract $: $15,000 Follow-up: Include in daily custodial schedule 3. Rerouting Adjustments What: Make adjustments to Squirrel Hollow Golf Course to create Front Nine and Back Nine. Why: Improve service to golfers When: November to March Location: Squirrel Hollow Golf Course Man Hours: N/A Who: Contract $: Starter Shack, Communication, Paving, and Signage Cost $5,000 Follow-up: Include in daily maintenance schedule 4. Clubhouse Phase I What: Renovation and remodel Why: Improve appearances for golfers and visitors When: November to April Location: Throughout Clubhouse Man Hours: N/A Who: Contract $ : Carpet $40, 000 Painting $20,000 HVAC $30,000 Roof $18,000 Remodel Clubhouse $25,000 $133,000 5. Putting Green What: Enlarge present putting green Why: Improve practice surface When: November to July Location: 5500 square feet of putting green Man Hours: N/A Who: Contract $: $40,000 Follow -Up: Include in daily maintenance program 6. Water Hazards What: Dredge creek beds Why: Improve drainage and aesthetics When: January How Much: 100% of creek beds Man Hours: N/A Who: Contract — $: $35,000 Follow -Up: Include in annual maintenance program 7. Clubhouse Phase II What: Renovation and remodel Why: Improve appearances for golfers and visitors When: November to April Location: Throughout Clubhouse Man Hours: N/A Who: Contract $: Landscape $15,000 Clubhouse Furnishings $5,000 $20,000 Parking Lot Resurfacing i� What: Resurface parking lot area Why: Improve appearance of area for golfers/visitors When: January to February How Much: 100% of parking lot Man Hours: N/A Who: Contract $: $27,000 9. Expanded Parking Lot What: Expansion of parking lot area Why: Increase parking facilities and improve appearance of area for golfers and visitors. When: January to February Location: In the area of existing equipment shelter. Man Hours: N/A Who: Contract $: $20,000 10. Equipment Barn What: Relocation and construction of maintenance shop Why: Increase space to store equipment When: November to March Man Hours: N/A Who: Contract $: $75,000 11. Driving Range What: Renovate entire Driving Range area Why: Create better facility to increase usage J When: November to April How Much: Entire Area Man Hours: 1200 hours Who: Maintenance staff and contract $: Irrigation $55,000 �G Leveling - $81,500 Ball Shack $ 6,000 , J Fencing $19,000 Yardage Markers $ 3,000 Follow -Up: Include in daily maintenance program 41/1 J i Scenario "A" - Self -Supporting; Enhanced Maintenance, Course Improvements, CITY OF LUBBOCK Draft - For 03/05/92 Course Amenities, Reserve for Future Reconstruction GOLF RATE DISCUSSION MODEL Discussion Only 05:17 PM Actual Actual Budget 89-90 90-91 91-92 92-93 93-94 94-95 95-96 96-97 97-98 98-99 99-00 SOURCES GREEN FEES 408,703 439,187 449,223 575,520 648,102 743,101 817,246 862,499 878,994 926,242 943,873 MEMBERSHIPS 0 0 50,907 72,400 65,773 80,770 82,865 85,064 87,374 89,799 92,345 PRO SHOP SALES 93,686 92,434 113,642 138,082 140,835 147,876 150,828 153,843 156,921 160,065 163,276 CART RENTALS 246,948 253,089 265,908 311,109 344,649 357,338 362,955 368,689 374,541 380,514 386,610 DRIVING RANGE 11,361 12,234 14,112 15,105 15,397 16,102 16,414 16,733 17,058 17,390 17,728 CONCESSIONS 124,782 55,482 11,139 11,696 12,281 12,895 13,540 14,217 14,927 15,674 16,457 MISC. REVENUES 15,753 7,198 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 TOTAL SOURCES 901,233 859,624 912,931 1,131,912 1,235,036 1,366,082 1,451,848 1,509,044 1,537,815 1,597,683 1,628,290 APPLICATIONS GOLF MAINTENANCE PRO SHOP OPERATIONS PAYMENT ON INVENTORY COST OF GOODS ENHANCED MAINTENANCE - SUPPLIES ENHANCED MAINTENANCE - LABOR ENHANCED MAINTENANCE - EQUIPMENT COURSE IMPROVEMENTS - IRRIGATION COURSE IMPROVEMENTS - LABOR COURSE IMPROVEMENTS - TURF IMPRO COURSE IMPROVEMENTS - LABOR COURSE AMENITIES PCMF/EQUIPMENT REPLACEMENT CURRENT DEBT SERVICE TOTAL APPLICATIONS NET CASH FLOW CUMULATIVE RATE STABILIZATION RATE SCHEDULE: WEEKEND DAILY LATE SR/JR 717,671 711,693 0 0 25,000 25,000 153,874 128,389 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,973 42,802 85,602 87,168 988,120 995,052 (86,887) (135,429) 0 0 368,848 387,290 406,655 441,988 464,087 487,291 511,656 537,239 564,101 283,804 297,994 312,894 328,539 344,966 362,214 380,325 399,341 419,308 25,000 16,511 0 0 0 0 0 0 0 70,000 73,500 77,175 81,034 85,085 89,340 93,807 98,497 103,422 0 51,646 103,341 109,541 116,114 123,081 130,466 138,294 146,591 0 45,400 79,160 78,910 83,644 88,663 93,983 99,622 105,599 0 69,804 67,800 0 0 0 0 0 0 0 0 0 2,300 9,000 60,000 5,500 0 0 0 0 0 2,496 4,160 0 1,920 0 0 0 0 0 10,400 10,235 29,600 40,600 0 0 0 0 0 1,320 1,320 1,760 2,160 0 0 0 28,000 15,000 213,000 20,000 122,000 164,500 0 0 81,261 57,771 79,245 36,818 76,700 13,400 50,000 50,000 50,000 84,018 85,643 82,043 83,218 84,224 85,303 81,425 82,400 83,025 912,931 1,113,560 1,223,313 1,389,563 1,299,535 1,462,652 1,556,340 1,405,392 1,472,045 0 18,352 11,723 (23,481) 152,313 46,392 (18,526) 192,291 156,245 0 18,353 30,076 6,595 158,907 205,300 186,774 379,065 535,310 9.00 9.00 9.00 11.00 12.00 13.00 14.00 15.00 15.00 16.00 16.00 7.00 7.00 7.00 9.00 10.00 11.00 12.00 12.00 12.00 12.00 12.00 5.50 5.50 5.50 7.00 8.00 9.00 9.50 9.50 9.50 9.50 9.50 4.00 4.00 4.00 5.00 6.00 7.00 7.00 7.00 7.00 7.00 7.00 GOLF CASH FLOW MODEL - (WORKING SPREADSHEET) SOURCE OF FUNDS FY 90-91 FY 91-92 FY 92-93 FY 93-94 FY 94-95 FY 95-96 FY 96-97 FY 97-98 FY 98-99 FY 99-00 GREEN FEES SR\JR RATE INCREASE $0.00 $1.00 $1.00 $1.00 $0.00 $0.00 $0.00 $0.00 $0.00 NEW RATE $4.00 $4.00 $5.00 $6.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 YEARLY REVENUE $14,316 $14,617 $18,545 $22,588 $26,748 $27,149 $27,556 $27,969 $28,389 $28,815 REVENUE INCREASE $301 $3,928 $4,043 $4,160 $401 $407 $413 $420 $426 LATE RATE RATE INCREASE $0.00 $1.50 $1.00 $1.00 $0.50 $0.00 $0.00 $0.00 $0.00 NEW RATE $5.50 $5.50 $7.00 $8.00 $9.00 $9.50 $9.50 $9.50 $9.50 $9.50 YEARLY REVENUE $18,497 $19,523 $25,220 $29,255 $33,406 $35,791 $36,328 $36,873 $37,426 $37,987 REVENUE INCREASE $1,027 $5,697 $4,035 $4,151 $2,385 $537 $545 $553 $561 DAILY RATE RATE INCREASE $0.00 $2.00 $1.00 $1.00 $1.00 $0.00 $0.00 $0.00 $0.00 NEW RATE $7.00 $7.00 $9.00 $10.00 $11.00 $12.00 $12.00 $12.00 $12.00 $12.00 YEARLY REVENUE $160,083 $179,053 $235,966 $268,739 $310,394 $347,077 $355,753 $364,647 $373,764 $383,108 REVENUE INCREASE $18,970 $56,913 $32,773 $41,655 $36,683 $8,677 $8,894 $9,116 $9,344 WEEKEND RATE RATE INCREASE $0.00 $2.00 $1.00 $1.00 $1.00 $1.00 $0.00 $1.00 $0.00 NEW RATE $9.00 $9.00 $11.00 $12.00 $13.00 $14.00 $15.00 $15.00 $16.00 $16.00 YEARLY REVENUE $205,794 $238,433 $295,789 $327,519 $372,553 $407,229 $442,862 5449,505 $486,664 $493,964 REVENUE INCREASE ------------------------------------------------------------------------------------------------------------------------- $32,639 $57,356 $31,730 $45,034 $34,676 $35,633 $6,643 $37,159 $7,300 ------------------------------------------------------------------------------------------------------------------------- $398,690 $451,625 $575,520 $648,102 $743,101 $817,246 $862,499 $878,994 $926,242 $943,873 PROJECTED NUMBER OF ROUNDS PLAYED: ------------------------------------------------------------------------------------------------------------------------------------------------------------- FY 90-91 FY 91-92 FY 92-93 FY 93-94 FY 94-95 FY 95-96 FY 96-97 FY 97-98 FY 98-99 FY 99-00 ------------------------------------------------------------------------------------------------------------------------------------------------------------- GREEN FEES SR/JR 3,579 3,654 3,709 3,765 3,821 3,878 3,937 3,996 4,056 4,116 LATE RATE 3,363 3,550 3,603 3,657 3,712 3,767 3,824 3,881 3,940 3,999 DAILY RATE 22,869 25,579 26,218 26,874 28,218 28,923 29,646 30,387 31,147 31,926 WEEKEND RATE 22,866 26,493 26,890 27,293 28,658 29,088 29,524 29,967 30,417 30,873 ------------------------------------ TOTAL 52,677 ------------------------------------------------------------------------------------------------ 59,275 60,420 61,589 64,408 65,657 66,931 68,231 69,559 70,913 SOURCE OF FUNDS FY 90-91 FY 91-92 FY 92-93 FY 93-94 FY 94-95 FY 95-96 FY 96-97 FY 97-98 FY 98-99 FY 99-00 MEMBERSHIPS REGULAR RATE INCREASE $0.00 $120.00 $0.00 $50.00 $0.00 $0.00 $0.00 $0.00 $0.00 NEW RATE $430.00 $430.00 $550.00 $550.00 $600.00 $600.00 $600.00 $600.00 $600.00 $600.00 YEARLY REVENUE $23,220 $15,050 $19,250 $19,250 $21,000 $21,000 $21,000 $21,000 $21,000 $21,000 REVENUE INCREASE ($8,170) $4,200 $0 $1,750 $0 $0 $0 $0 $0 SR FULL RATE INCREASE $0.00 $85.00 $0.00 $90.00 $0.00 $0.00 $0.00 $0.00 $0.00 NEW RATE $225.00 $225.00 $310.00 $310.00 $400.00 $400.00 $400.00 $400.00 $400.00 $400.00 YEARLY REVENUE $16,425 $21,375 $29,450 $30,923 $41,895 $43,990 $46,189 $48,499 $50,924 $53,470 REVENUE INCREASE $4,950 $8,075 $1,473 $10,973 $2,095 $2,199 $2,309 $2,425 $2,546 SR LIMITED RATE INCREASE $0.00 $55.00 $0.00 $35.00 $0.00 $0.00 $0.00 $0.00 $0.00 NEW RATE $185.00 $185.00 $240.00 $240.00 $275.00 $275.00 $275.00 $275.00 $275.00 $275.00 YEARLY REVENUE $10,730 $12,025 $15,600 $15,600 $17,875 $17,875 $17,875 $17,875 $17,875 $17,875 REVENUE INCREASE $1,295 $3,575 $0 $2,275 $0 $0 $0 $0 $0 JR RATE INCREASE $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NEW RATE $105.00 $105.00 $105.00 $105.00 $105.00 $105.00 $105.00 $105.00 $105.00 $105.00 YEARLY REVENUE $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 REVENUE INCREASE ------------------------------------------------------------------------------------------------------------------------- $0 $0 $0 $0 $0 $0 $0 $0 $0 ------------------------------------------------------------------------------------------------------------------------- $50,375 $48,450 $64,300 $65,773 $80,770 $82,865 $85,064 $87,374 $89,799 $92,345 PROJECTED NUMBER OF MEMBERSHIPS: ------------------------------------------------------------------------------------------------------------------------------------------------------------- FY 90-91 FY 91-92 FY 92-93 FY 93-94 FY 94-95 FY 95-96 FY 95-96 FY 95-96 FY 95-96 FY 95-96 ------------------------------------------------------------------------------------------------------------------------------------------------------------- MEMBERSHIPS REGULAR 54 35 35 35 35 35 35 35 35 35 SR FULL 73 95 95 100 105 110 115 121 127 134 SR LIMITED 58 65 65 65 65 65 65 65 65 65 JR 0 0 0 0 0 0 0 0 0 0 ------------------------------------ TOTAL 185 ------------------------------------------------------------------------------------------------ 195 195 200 205 210 215 221 227 234 ASSUMPTIONS FOR GOLF CASH FLOW MODEL REVENUE, OPERATING & OTHER EXPENSES (1) Existing Green Fee rates are: SR/JR $4.00 Late Rate $5.50 Daily Rate $7.00 Weekend Rate $9.00 (2) Existing Membership rates are: Regular $430 SR Full $225 SR Limited $180 JR $105 (3) Projected increase in number of rounds played: (Non -Member) SR/JR 1.5% increase for all years. Late Rate 1.5% increase for all years. Daily Rate 2.5% increase for all years. 5% for FY 94-95 Weekend Rate 1.5% increase for all years. 5% for FY 94-95 (4) Projected increase in number of Memberships: Regular 0% increase for all years. SR Full 5% increase for all years. SR Limited 0% increase for all years. JR 0% increase for all years. (5) Pro Shop Sales are based on total number of Daily and Weekend rounds multiplied by average Pro Shop sales per round. (Average Pro Shop sales per round equals $2.60) (6) Cart Rental revenues are based on total number of combined rounds played. (7) Driving Range revenues are based on total number of combined rounds played. (8) Concession revenues are escalated at 5% per year beginning FY 92-93. NOTE: Contract with Civic Lubbock Inc. will be renegotiated Oct. 1992. (9) Miscellaneous revenues come from special orders through the Pro Shop and will reach $8,000 in FY 91-92. There will be a 0% growth after FY 91-92, and may be a decrease as more items are added to the inventory. (10) Golf Course Operations are escalated at 5% per year beginning FY 92-93. (11) Payment On Inventory at the end of FY 90-91, $41,511 will remain in Payments to Inventory. $25,000 will be paid in FY 91-92 and $16,511 will be paid in FY 92-93. (12) Cost Of Goods are escalated at 5% per year beginning FY 92-93. (13) Debt Service payments follow the Debt Service Schedule established by the Finance Dept. ASSUMPTIONS FOR GOLF CASH FLOW MODEL CONTINUED - EQUIPMENT REPLACEMENT AND ADDITIONAL EQUIPMENT SCHEDULE: 14) FY 92-93 PCMF/EQUIPMENT REPLACEMENT $4,000 RETUBE IRRIGATION SYSTEM (1) HOLES 3,9,10,16,18 / MEADOW. $19,000 168 TRACTOR AND 175 LOADER TO BE REPLACED BY A LOADER TRACTOR WITH BACKHOE ATTACHMENT $2,500 RADIO SYSTEM / 6 HAND HELD RADIOS $463 186 21" COMMERCIAL PUSH MOWER $463 186 21" COMMERCIAL PUSH MOWER $19,845 175 1 1/2 TON CHEVY DUMP TRUCK $11,500 186 CHEVY S-10 PICKUP $57,771 (15) FY 93-94 EQUIPMENT REPLACEMENT: $3,200 RETUBE IRRIGATION SYSTEM (2) 7 / MEADOW. AND 3,4,17 / SQUIRREL $48,785 182 G20 TRACTOR/FLAIL $9,975 185 TORO GM 300 $17,285 185 RYAN GREENS AERIFIER $79,245 (16) FY 94-95 PCMF/EQUIPMENT REPLACEMENT: $3,200 RETUBE IRRIGATION SYSTEM (3) MEADOW #1,8,11 & SQ. #2 $14,000 '84 MASSEY TRACTOR $10,473 188 TORO GM 3000 $9,145 185 E2-GO TRUCKSTER $36,818 (17) FY 95-96 PCMF/EQUIPMENT REPLACEMENT: $5,600 RETUBE IRRIGATION SYSTEM (4) MEADOW #6,13,15,17 $55,000 185 HF-15 FAIRWAY MOWER $2,500 187 VICON 1400 LB. TRACTO $3,000 188 DANDYL SINGLE FLAIL U $10,600 190 CUSHMAN 60" MOWER $76,700 (18) FY 96-97 PCMF/EQUIPMENT REPLACEMENT: $13,400 191 JACOBSEN GREENSKING M $13,400 Amenities Improvement Summary FY 1992-93 Additional Nursery: a) Cost $28,000 b) Manhours N/A FY 1993-94 Restrooms Reconstruction: a) Cost $15,000 b) Manhours N/A FY 1994-95 Rerouting Adjustments: a) Cost $5,000 b) Manhours N/A Clubhouse Phase I: a) Cost $133,000 b) Manhours N/A Expanded Putting Green: a) Cost $40,000 b) Manhours N/A Water Hazards: a) Cost $35,000 b) Manhours N/A FY 1995-96 Clubhouse Phase IT: a) Cost $20,000 b) Manhours N/A FY 1996-97 Parking Lot Resurfacing: a) Cost $27,000 b) Manhours N/A Expanded Parking Lot: a) Cost $20,000 b) Manhours N/A Equipment Barn: a) Cost $75,000 b) Manhours N/A FY 1997-98 Driving Range: a) Cost $164,500 b) Manhours N/A