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Staff reports Caswell management is $26,000 positive; irrigation replacement estimated at $900,000, council approves $39,296 project
Summary
City staff reported the Caswell golf-course management agreement guarantees up to $50,000 and the operation is $26,000 positive through October; the Parks Commission recommended auditing a failing irrigation system estimated at $900,000 to replace, and the council approved a $39,296 project.
City staff provided an update on the Caswell management agreement and the financial performance of the golf-course operation and asked the council to consider capital and maintenance work.
A staff speaker (Speaker 7) outlined the Caswell agreement, saying the city guarantees the management company up to $50,000 by year-end (the city would pay to 'true up' if net revenue is short of $50,000). Staff reported that through October the operation was approximately $26,000 positive and that…
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