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HomeMy WebLinkAbout2020-06-23; Public Financing Authority; Resolution 81RESOLUTION NO. 81 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD PUBLIC FINANCING AUTHORITY ADOPTING THE FINAL OPERATING BUDGET AND CAPITAL IMPROVEMENT PROGRAM OF THE CROSSINGS AT CARLSBAD MUNICIPAL GOLF COURSE FOR FISCAL YEAR 2020-21 AND ESTABLISHING CONTROLS ON CHANGES IN APPROPRIATIONS FOR BUDGET FUNDS EXHIBIT 6 WHEREAS, the Board of Directors of the Carlsbad Public Financing Authority has reviewed the proposed final Operating Budget and Capital Improvement Program for fiscal year (FY) 2020-21; and WHEREAS, public hearings have been held as necessary prior to the adoption of the final budgets. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad Public Financing Authority as follows: 1. That the above recitations are true and correct. 2. That certain documents now on file in the office of the Carlsbad City Clerk entitled "City of Carlsbad, FY 2020-21 Preliminary Operating Budget and FY 2020-21 to 2034-35 Capital Improvement Program -Preliminary," as amended, if necessary, in accordance with Exhibit 6A attached and incorporated by reference, are adopted as the final Operating and Capital Improvement Budgets for the Crossings at Carlsbad Municipal Golf Course for FY 2020-21, along with any program options and/or adjustments, if any, determined by the Board of Directors as set forth in the minutes of the Board's meeting of Tuesday, June 23, 2020. 3. That the amounts reflected as estimated revenues for FY 2020-21 are adopted as the budgeted revenues for FY 2020-21. June 23, 2020 Item #9 Page 96 of 124 4. That the amount designated as FY 2020-21 Budget request in Exhibit 6A is appropriated to the fund for which it is designated, and such appropriation shall not be increased except as provided in this resolution. 5. That the following controls are placed on the use and transfer of budget funds: A. No expenditure of funds shall be authorized unless sufficient funds have been appropriated by the Board of Directors or designee, as described below. i. The City Manager, as Executive Director of the Carlsbad Public Financing Authority, may authorize all transfers of funds from account to account within the same fund in an amount up to $100,000 per transfer. ii. The City Manager, as Executive Director of the Carlsbad Public Financing Authority, may delegate the authority to make budget transfers and adjustments. iii. The City Manager, as Executive Director of the Carlsbad Public Financing Authority, may authorize budget adjustments involving offsetting revenues and expenditures; the City Manager, as Executive Director of the Carlsbad Public Financing Authority, is authorized to increase an appropriation for a specific purpose where said appropriation is offset by unbudgeted revenue which is designated for said specific purpose. 6. That all outstanding encumbrances as of June 30, 2020, are continued into FY 2020-21 for such contracts and obligations. Ill Ill Ill Ill June 23, 2020 Item #9 Page 97 of 124 PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the City Council of the City of Carlsbad, the Board of Directors of the Carlsbad Municipal Water District, the Board of Directors of the Carlsbad Public Financing Authority, the City of Carlsbad Community Development Commission, and the City Council of the City of Carlsbad as Successor Agency to the Carlsbad Redevelopment Agency held on the 23rd day of June, 2020, by the following vote to wit: AYES: NAYS: ABSENT: Hall, Blackburn, Bhat-Patel, Schumacher. None. None. MATT HALL, President (SEAL) June 23, 2020 Item #9 Page 98 of 124 COMMUNITY SERVICES | PARKS & RECREATION: THE CROSSINGS GOLF COURSE Account: 572 Fund: Enterprise ABOUT The Crossings at Carlsbad is an 18-hole municipal golf course and event facility. Amenities for public use include a 6,835-yard championship golf course, a clubhouse complete with a golf shop, players’ lounge, banquet facilities, fireplace lit dining room, full-service kitchen, outdoor deck with ocean views and three miles of hiking trails that connect to Veterans Memorial Park. JC Management, Inc. manages this facility via an agreement with the Carlsbad Public Financing Authority. SERVICES •Administer management and operations agreement with JC Management, Inc. •Maintain and renovate turf, landscaping, drainage and irrigation systems •Maintain and repair clubhouse, snack bar, restrooms and picnic areas available for patrons •Oversee food and beverage services at the Players’ Lounge and Canyons Restaurant •Manage sales and marketing for golf and non-golf activities, special events, banquets, weddings and other gatherings •Train and oversee marshals, greeters and assistants servicing the course and clubhouse RECENT ACCOMPLISHMENTS •Repaired and replaced mainline irrigation at various locations •Completed irrigation coverage analysis and implemented adjustments to improve course •Continued water conservation and turf replacement plan for areas out of play along Palomar Airport Road •Tilled, replenished sand and improved drainage in selective bunkers near the greens •Bid, award and administered construction contract for the replacement of the liner in the two lakes on the course •Improved drainage of the driving range turf areas •Replaced clubhouse entry concrete to enhance aesthetics and customer accessibility 2017-18 Actual 2018-19 Actual 2019-20 Budget 2020-21 Budget Operating Expenses Professional & Contract Services 267,255 272,249 277,240 285,000 Supplies & Materials 0 0 0 0 Repair & Maintenance 0 0 0 0 Interdepartmental Charges 0 0 0 0 Other Operating Expenses 6,668,762 6,990,393 7,151,606 6,114,000 Capital Outlay 386,232 531,747 798,750 172,000 Operating Expenses Subtotal 7,322,249 7,794,389 8,227,596 6,571,000 TOTAL EXPENDITURES $7,322,249 $7,794,389 $8,227,596 $6,571,000 Exhibit 6A June 23, 2020 Item #9 Page 99 of 124 GOALS | OBJECTIVES | PRIORITIES •Execute COVID-19 response compliant phased operational plans in golf and in food and beverage to allow revenues to reestablish and ultimately grow •Execute a Capital Improvement Plan with projects that have a return on investment or are needed for maintenance effectiveness and/or safety considerations •Enhance wedding offerings by converting the existing women’s locker room into a bridal preparation suite to increase venue appeal •Install a new monument sign at The Crossing Drive and Palomar Airport Road for greater visibility of the course and restaurant •Install golf ball capture netting along the driving range and golf course maintenance facility for safety considerations June 23, 2020 Item #9 Page 100 of 124