REPORT TO THE CITY COUNCIL
DATE: August 27, 2015
FROM: KEVIN R. MEIKLE, Director of Aviation
Airports Department
SUBJECT
Title
***RESOLUTION - 524th amendment to the Master Fee Schedule (MFS) Resolution No. 80-420 to apply a Consumer Price Index adjustment to Green Fees at the Airways Golf Course, Fresno Yosemite International Airport (Council District 4)
Body
RECOMMENDATION
Staff recommends Council approve Resolution adopting the 524th Amendment to the Master Fee Schedule Resolution 80-420 to apply a routine annual Consumer Price Index ("CPI") adjustment to Airways Golf Course Green Fees.
EXECUTIVE SUMMARY
The agreement between City of Fresno/Airports department and the Airways Golf Course operator (Club Corp Airways Golf, Inc.) includes an annual CPI adjustment for green fees. The Master Fee schedule (MFS) update incorporates these contractual adjustments, which average approximately 1.5%. However, not all of the fees have changed because of the relatively small incremental CPI impact. Only those fees that have reached a minimum 25 cent threshold have changed. The effective date will be September 1, 2015.
BACKGROUND
The CPI adjustment is based on the prior calendar year as reported by the U.S. Bureau of Labor Statistics. Their data is usually made available the following April, after which Airports calculates the CPI adjustment and prepares the proposed MFS changes.
To date, nine CPI adjustments have been made with changes ranging from $0.25 cents to $1.00. Examples of changed fees are the Weekdays Green Fee from $20.25 to $20.50 and Frequent Players Monthly Cards from $80.00 to $81.00. Examples of unchanged fees are Juniors and Seniors Tournament Green Fees. All of the detail is available in the attached Resolution. Overall, the fee structure at Airways remains very competitive and below Riverside's, a much larger and more challenging course.
ENVIRONMENTAL FINDINGS
This is not a "project" fo...
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