Resolution - Parks and Recreation: Consider a resolution accepting the fee schedule for Meadowbrook Golf Course, that was properly submitted by Arcis Golf to the City Secretary.
Item Summary
The City of Lubbock entered into a Management Agreement in 1994 for the management and operation of Meadowbrook Golf Course with Fore Star Golf, now Arcis Golf. The objective of the agreement was to maximize the efficient use of City facilities and assets through privatization, and release the City from the financial burdens associated with operating and maintaining Meadowbrook Golf Course. The current agreement is set to expire in 2024.
The last fee increase for Meadowbrook Golf Course was effective July 1, 2019. Prior to 2019, fees had not been increased since 2013. The proposed fee increase is $1 or $2 depending on the rate category and if approved, will be effective March 1, 2022. The proposed fees and a course comparison are included in the back-up materials.
Fiscal Impact
The City of Lubbock receives 10% of golf revenues from Arcis Golf.