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Resolution 2018-30420RESOLUTION NO. 2018 -30420 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND CITYWIDE PROJECTS COMMITTEE, AT ITS JULY 13, 2018 MEETING, RECOMMENDING A NEW FEE SCHEDULE FOR BOTH THE MIAMI BEACH AND THE NORMANDY SHORES GOLF CLUBS, WHICH NEW RATES WOULD BE EFFECTIVE ON OCTOBER 1, 2018. WHEREAS, the Miami Beach Golf Club ( "MBGC ") and Normandy Shores Golf Club ( "NSGC ") are owned by the City and currently operated by Professional Course Management and under the current management agreement, NSGC and MBGC operate jointly, complementing and assisting each other while saving operating costs by sharing key personnel; and WHEREAS, the City is responsible for all expenses except those related to the concessions, for which it receives five percent (5 %) of food & beverage revenues and pro shop sales, and 20 percent of lesson revenues; and WHEREAS, the City receives 100 percent of green, cart, membership, range and miscellaneous other revenues; and WHEREAS, findings from an independent review analysis revealed that MBGC is one of the top municipal golf operations in the country, with an outstanding, very well maintained golf course and net operating income performance that places the facility in the top two percent (2 %) of municipal golf facilities in the United States, even considering the revenue constraint resulting from resident green fees that are well below `market' rates; and WHEREAS, At the July 13, 2018 Finance and City Wide Projects Committee Budget Briefing meeting, the committee recommended approval of the proposed fee increases as delineated in Exhibit A; and WHEREAS, the new fee schedule is estimated to have an increase of $223,850 in revenue for MBGC, and a $97,400 increase in revenue for NSGC. NOW THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby approves the recommendation of the Finance and Citywide Projects Committee at its July 13, 2018 meeting, recommending approval of a new fee schedule for both the Miami Beach and the Normandy Shores Golf Clubs, which new rates would be effective on October 1, 2018. PASSED and ADOPTED this 25th day of July, 2018. ATTEST: oc„ G6 Rafael E. Granado, Ci y Clerk Dan Gelber, ayor APPROVED AS TO FORM & LANGUAGE & FOR EXE;dTsN Ci Attorney Date MIAM BEACH Resolutions - C7 AL COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: July 25, 2018 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND CITYWIDE - PROJECTS COMMITTEE, AT ITS JULY 13, 2018 MEETING, APPROVING A NEW FEE SCHEDULE FOR THE MIAMI BEACH GOLF CLUB AND THE NORMANDY SHORES GOLF CLUB, EFFECTIVE ON OCTOBER 1, 2018. RECOMMENDATION Mayor and City Commission approval of the recommendation of the Finance and Citywide Projects Committee at its July 13, 2018 meeting, approving a new fee schedule for the Miami Beach Golf Club and the Normandy Shores Golf Club, effective on October 1, 2018. ANALYSIS The Miami Beach Golf Club (MBGC) and Normandy Shores Golf Club (NSGC) are owned by the City and currently operated by Professional Course Management (PCM). Under the current management agreement, NSGC and MBGC operate jointly, complementing and assisting each other while saving operating costs by sharing key personnel. The City is responsible for all expenses except those related to the concessions, for which it receives 5% of food & beverage revenues and pro shop sales, and 20% of lesson revenues. The City receives 100% of green, cart, membership, range and miscellaneous other revenues. MBGC resident green fees have changed very little over the years, with only a $5 increase since 2007. South Florida peak season resident rates have increased by only $20, from $100 to $120, while non - resident fees were $150 at inception and are now $225. While the pricing structure adheres to public policy goals, it's important to note that revenues are significantly constrained by offering resident fees that are well below market rate. This is not an uncommon strategy among premier municipal golf courses in the United States. Findings from an independent review analysis revealed that MBGC is one of the top municipal golf operations in the country, with an outstanding, very well maintained golf course and net operating income performance that places the facility in the top 2% of municipal golf facilities in the United States, even considering the revenue constraint resulting from resident green fees that are well below `market' rates. Page 789 of 1464 The increase to the golf fees being proposed isn't a percentage increase across the board; however, the increases allow the clubs to remain competitive across the market, while offering reasonable rates for Miami Beach Residents, South Florida Residents and visitors. The new fee schedule for both clubs are reflected in Exhibit A. At the July 13, 2018 Finance and City Wide Projects Committee Budget Briefing meeting, the committee approved these fee increases. If the fee increase is approved, it is estimated for Miami Beach Golf Club to have a $223,850 revenue increase and for Normandy Shores Golf Club to have a $97,400 increase. Legislative Tracking Parks and Recreation ATTACHMENTS: Description D Exhibit A — New Fee Schedule for Golf Clubs Page 790 of 1464 NEW Fee Schedule for Golf and Membership Dues Rates Miami Beach Golf Club (MBGC) Golf Fees Current Rate Proposed Rate Rate Increase Estimated Revenue Impact Summer (5/1 - 10/31) Rack Rate $120.00 $125.00 $5.00 $14,500 Weekday (South Florida Resident) $80.00 $80.00 $16,800 - Weekend (South Florida Resident) $95.00 $95.00 - - Weekday (Miami Beach Resident) $45.00 $55.00 $10.00 $10,000 Weekend (Miami Beach Resident) 560.00 $70.00 $10,00 511,000 Shoulder (11/1 - 12/15) Rack Rate $130.00 $130.00 $50 Driving Range South Florida Resident $100,00 $100.00 - $8,500 Miami Beach Resident $60.00 $70.00 $10.00 $12,000 Peak 4/30) Rack Rate $225.00 $225.00 $7,500 Miami Beach Resident Jr. South Florida Resident $120.00 $120.00 - Peak (12 /16- 4/80) Miami Beach Resident $80,00 $90.00 $10.00 $47,500 Proposed Cart Rates Cart Rate 18 Holes $20.00 $25,00 $5.0o $30,000 Cart Rate 9 Holes 512,00 $15.00 $3.00 $6,500 Membership Dues Current Rate Proposed Rate Rate Increase Estimated Revenue Impact Resident Single $3,500.00 $3,800.00 $300,00 $27,500 Husband & Wife $4,500.00 $4,900.00 $400.00 $16,800 Each Dependent (Under 18 years of Age) $450.00 $500.00 $50.00 $500 Non Resident Single $5,500.00 $6,000,00 $500.00 $4,000 Husband & Wife $7,000.00 $7,500.00 $500.00 $2,000 Each Dependent (Under 18 years of Age) $700.00 $750.00 $50.00' $50 Driving Range Small Bucket $8.00 $10.00 $2.00 $8,500 Large Bucket $12.00 $15.00' $3.00 $33,000 Total Estimated Revenue Impact $223,850 NEW Fee Schedule for Golf and Membership Dues Rates Normandy Shores Golf Club (NSGC) Golf Fees Current Rate Proposed Rate Rate Increase Estimated Revenue Impact Summer (5/1.10/31) Rack Rate $ 80.00 $ 85.00 $ 5.00 $6,000 Weekday (South Florida Resident) $ 50.00 $ 60.00 $ 10.00 $11,000 Weekend (South Florida Resident) $ 65,00 $ 70.00 $ 5,00 $5,500 Weekday (Miami Beach Resident) $ 40.00 $ 50.00 $ 10,00 $6,000 Weekend (Miami Beach Resident) $ 50.00 $ 60.00 $ 10,00 $5,000 Miami Beach Resident Jr, $ 5.00 $ 5.00 $ _ - Shoulder (11 /1.,12/15) ., Rack Rate $ 95.00 $ 95.00 $ - - South Florida Resident $ 65.00 $ 70.00 $ 5.00 $6,000 Miami Beach Resident $ 50.00 $ 60.00 $ 10,00 $7,500 Miami Beach Resident Jr. $ 5.00 $ 5.00 $ - - Peak (12 /16- 4/80) Rack Rate $ 125.00 $ 125.00 $ - South Florida Resident $ 75.00 $ 80.00 $ 5,00 $23,000 Miami Beach Resident $ 60,00 $ 65.00 $ 5,00 $11,500 Miami Beach Resident Jr. $ 5.00 $ 5.00 $ - Proposed Cart Rates Cart Rate 18 Holes $ 20.00 $ 25.00 '$ 5.00 $7,600 Cart Rate 9 Holes $ 12.00 $ 15.00 $ 3.00 $1,000 Membership Dues Current Rate proposed Rate Rate Increase Estimated Revenue Impact Resident Single $ 2,000.00 $ 2,200.00 $ 200.00 $4,000 Husband & Wife $ 3,000.00 $ 3,300.00 $ 300,00 $600 Each Dependent (Under 18 years of Age) $ 400.00 $ 400.00 $ - Non Resident Single $ 3,000.00 $ 3,300.00 $ 300,00 $2,700 Husband & Wife $ 4,500.00 $ 4,800.00 $ 300.00 - Each Dependent (Under 18 years of Age) $ 600.00 $ 600.00 $ - Junior $ 1,000.00 $ 1,000.00 $ - Page 791 of 1464 Total Estimated Revenue Impact $97,400