REPORT TO SPORTS AND OPEN SPACE AUTHORITY
SUBJECT
Title
Action on the Fiscal Operation of the Santa Clara Golf and Tennis Club Report for the 2nd Quarter ended December 31, 2019 [Council Pillar: Enhance Community Engagement and Transparency]
Report
BACKGROUND
On June 27, 2017, the City Council authorized the Contract Administrator for the Sports and Open Space Authority/City Manager to execute a Management Agreement for operation and maintenance of the Santa Clara Golf and Tennis Club (SCG&TC) with American Golf Corporation for the effective period of July 1, 2017 through June 30, 2019, and up to three (3) one-year extensions. As approved on May 14, 2019 the first extension period of the Agreement went into effect on July 1, 2019 through the close out period's end on October 31, 2019. Per the management agreement, the American Golf Corporation is required to submit for Sports and Open Space Authority (SOSA) various fiscal and operational reports.
DISCUSSION
This Report to the Council transmits the reports on the fiscal operation of the Santa Clara Golf and Tennis Club for the quarter ended December 31, 2019. The Golf Course permanently closed its service to the public on October 13, 2019, and operations permanently ceased on October 31, 2019. These reports provide final information on the fiscal operation of the City's SCG&TC and include the Income Statement (Attachment 1) and the Administrative and Management Fee Calculation (Attachment 2). The Income Statement includes a summary of SCG&TC attendance categorized as "Number of Rounds" that is presented at the bottom of the Statement. The Administrative and Management Fee Calculation shows the breakdown of the fees owed to the Management Company. Generally, this quarterly report would include the Variance Report and Net Income Comparison Graph, but the Management Company did not provide them for this quarter due to the course closure in October 2019 and the fact that there is only one month of transactions...
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