SR 05:255 - Laserfiche WebLink

The following table illustrates the number of golf rounds played in 2004, based on a sampling of area golf courses: Poppy Ridge Sunol Las Positas Metropolitan 6',000 (27. hole facility) ,7,,00 (on each of2 golf courses) 64,0)8 (on the 18.hole course only) ,4,839 Green Fees Adopted bv the Parks and Recreation Commission The Operating Agreement with CourseCo, approved by the City Council in January 2004, designated the Parks and Recreation Commission as the body to review and approve golf course rates for Callippe Preserve, On August 29, 200" the Parks and Recreation Commission adopted a fee schedule for the golf course, The published rates for Callippe Preserve are M2 weekdays (M-F), and ~60 weekends for non.residents, Residents will receive a 1,% discount, which equates to $36 weekdays and $) 1 on weekends, Weekday senior rates for those at least 60 years of age were also approved, with residents paying $26 and non.residents $30. Junior rates (under 18 years of age) during off peak hours (after 12:00 noon each day) were set at $12/resident and $14/non.resident on weekdays; $17/resident and $20/non.resident on weekends. Cart fees are ~Jj/person for an 18 hole round, The above green fees represent the published rates, CourseCo will have the ability to market the golf course during low.usage periods and provide specials/discounts to maximize revenue during these off peak times. Callippe Preserve's adopted rates are very competitive, especially since the quality of the facility is comparable to high.end daily fee golf courses and some private courses. Attachment A (Local Golf Course Green Fee and Cart Rental Comparisons) lists 10 local golf courses and compares rates. Revenue Projections The attached FY 200,.06 and FY 2006.07 operating budgets (Attachment B.l and B.2) incorporate the fee structure for green fees and cart rentals approved by the Parks and Recreation Commission, and also includes estimated revenues for food and beverage, driving range usage, and pro shop merchandise sales, By utilizing a playing percentage for each of the various green fee categories, CourseCo estimates that the average green fee for each of the projected ",000 golf rounds will be $34,76 in the first full year of operations, yielding ~1.9 million in annual revenue for 2006.07, Similarly, CourseCo is assuming 70% of the golfers will choose to rent an electric cart to play their round, yielding an average of $9.10 per golfer ($)00,)00 in annual revenue), Applying the projected average per golfer for food and beverage ($7,00 per round), merchandise sales ($,jO), driving range ($2,14) and miscellaneous ($1.00), SR 0,:2" Page)