Crestview Unlimited adopts $76,600 budget amendment, authorizes five-year lease for four mowers

Unidentified Speaker 1, the presiding official, opened the meeting and asked the board to approve the agenda; the motion passed unanimously.

Unidentified Speaker 2 presented a financial update for the fiscal year ending Sept. 30, 2025, saying "the net change in the change in net position totaled $32,523 representing an increase of $7,481 compared to the prior year," and that total revenues increased by 12% from the previous year. S2 characterized the year as reflecting "continued financial stability and modest growth" and offered to answer questions; none were raised.

The board then considered Resolution 20 26-6, a budget amendment for Crestview Unlimited. Unidentified Speaker 3 explained the amendment "reflects higher than anticipated golf course revenues and provides for corresponding expenditures represented in exhibit A" and said the change increases revenues and expenditures by $76,600. The clerk (Unidentified Speaker 4) read the resolution title into the record. A motion to accept the resolution was made and seconded, and the motion carried unanimously.

Staff presented one remaining action item: an equipment lease agreement. Unidentified Speaker 5 said that, following the newly adopted budget amendment and financial review, the golf course is moving forward with a lease through John Deere for four new mowers and described the proposed term as a five-year lease. S5 noted the current equipment is aged, that Great Life Golf is now maintaining the course, and that the financial team had vetted the operator's capacity to support the lease. Staff requested a motion authorizing the mayor to sign the lease; the motion passed unanimously.

There were no additional council comments or public comments related to Crestview Unlimited. The presiding official moved to adjourn and the meeting was adjourned.