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Council records $1.86 million allowance for uncollectible golf-course receivables and approves ordinance to transfer Cimarron property to MEDC
Summary
Council approved recording $1,859,280.87 as an allowance for uncollectible debt related to the city golf course and voted to transfer the Cimarron Golf Course property to the Mission Economic Development Corporation via Ordinance No. 5675; the transfer vote passed with one abstention.
The City of Mission council approved a financial adjustment to the golf-course fund and passed an ordinance to transfer the Cimarron Golf Course property to the Mission Economic Development Corporation (MEDC).
Financial allowance: Staff recommended recording $1,859,280.87 as an allowance for uncollectible debt against an outstanding receivable owed to the general fund by the golf course; staff said the total outstanding receivable is…
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