REPORT TO THE CITY COUNCIL
July 20, 2017
FROM: KEVIN R. MEIKLE, Director of Aviation
Airports Department
SUBJECT
Title
***RESOLUTION - 536th amendment to Master Fee Schedule (MFS) Resolution No. 80-420 to apply a Consumer Price Index adjustment to Green Fees at Airways Golf Course (Council District 4)
Body
RECOMMENDATION
Staff recommends Council approve Resolution adopting the 536th Amendment to the Master Fee Schedule Resolution to apply a routine contractual Consumer Price Index ("CPI") adjustment to Airways Golf Course Green Fees, to become effective upon adoption, and allow staff to administratively apply CPI adjustment consistent with the City's concession agreement with the operator of the Airways Golf Course.
EXECUTIVE SUMMARY
Under the agreement between City of Fresno/Airports and Sierra Golf Management (Airways Golf Course operator) Green Fees are to be adjusted every odd year consistent with changes to the CPI, where such change amounts to an increase of $0.50 or more. The proposed amendment to the Master Fee Schedule (MFS) reflects these contractual adjustments for this year and would allow staff to administratively update fees for contractual CPI adjustments.
BACKGROUND
In accordance with the operating agreement between the City of Fresno and Airways Golf Course operator, Green Fees are to be raised every odd year when the CPI adjustment results in an increase at or above a minimum threshold of $0.50. Of the Green Fees covered by the agreement only one Green Fee - the Frequent Players Monthly Cards fee - meets this criterion this year. Accordingly, the amendment proposes to increase the Frequent Player Monthly Card fee from $81.00 to $81.50. All other Green Fees will remain unchanged. The amendment also proposes to make future Green Fee CPI updates administrative. Detail is available in the attached Resolution.
Overall, the fee structure at Airways Golf Course remains competitive and below that of Riverside Golf Course.
The CPI...
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