Briarcrest-municipal?

1,185 Views | 9 Replies | Last: 9 yr ago by VegasT
dcrewint
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So, there have been threads talking about Bryan municipal being turned into a "mega-park." I just heard on the news that the new proposal is that Briarcrest would offer municipal prices with the city of Bryan paying Briarcrest $50K/year plus adding a senior center. Thoughts?

[This message has been edited by dcrewint (edited 8/9/2014 9:17p).]
agsalaska
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AG
What does the current balance sheet look like for it?
AgDotCom
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There have been a lot of rumors about Bryan City Council being cronies with local developers. Up until now I've brushed them off. But proposals like this make me wonder.

Looks like the CoB is floating any idea they can to close muni and hoping it gets traction. This is a bad one, almost seems like a desperate one.
agsalaska
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AG
Again, what does the balance sheet look like? Does Bryan Municipal pay for itself? Is it close?

AgDotCom
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The only numbers I've seen posted are from another thread, here they are.....

quote:
If don't I miss my guesstimate P&R will have a revenue v. expenditure of 5.45% and Muni 68.9%.
Actual 2014 estimates for $3,669,706 expenses for P&R- $200,000 revenue. For Muni $1,015,706 expenses-$699,993 revenue.

Muni will retire an $820K cap ex in a five year payback at end FY2014. This is 'fast tracking' retirement of cap ex, I'm told. Now the equipment, paid for by golfer's revenue will transfer to likely the P&R Dept. Neat bit of smoke and mirrors--or Texas political two step?

These numbers are from the 2014 City of Bryan budget. P&R = Parks & Recreation.

Muni loses money, but so do all the other city parks. Looking at the numbers, it seems Muni goes farther toward paying for itself than the other parks. The bottom line is 99% of all city parks and recreation assets and services everywhere lose money. Those that don't have names like Torrey Pines.

etj77845
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Just wandered in here and noted Ag quoted some figures I posted.

Question for the pros here: The Cap-X included purchase of golf carts-electric. Now those puppies are now 5yrs old. Does it make good business practice to lease or purchase? I can't find much data on this via 'google'.
TheGreatScott12
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AG
Pretty much all courses lease carts. A golf carts value never appreciates. I don't know that I've heard of a course in the last 5 years buying its carts.
etj77845
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Well if the Muni closes COB will have a fleet of well and not gently used golf carts to dispose of.
The fools ran out an bought the fleet in 08.
terradactylexpress
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As someone who worked at both places in college, Bryan muni has been run by crooks for a long time. Lots of money went missing when I worked there
DannyDuberstein
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AG
The golf gets better payback, but in the end, the question is what value is the city getting from the $300k net expenditure vs what else $300k could fund. That said, I still think that is a good value for something that serves a large number of citizens every year vs a lot of other parks and rec expenditures.
VegasT
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AG
KBTX this morning...

quote:
A little more than a week ago, News 3 first told you about a proposed plan that would give golfers municipal rates at the Phillips Event Center on Briarcrest Drive, this as the city explores changes to its muni golf course.

Now, that plan is apparently dead.

Mayor Jason Bienski says it's because so many Bryan golfers sounded off against the idea, so there isn't a reason to keep discussing it with Wallace Phillips and his event center staff.

Under the proposal, the city would have paid Phillips $50,000-a-year for 20 years in order to get rates down to muni levels, but at recent meetings, golfers overwhelming said they didn't want to play golf at the Phillips Event Center.

Bienski has floated the idea of changing the Municipal Golf Course into a super park with fields for multiple sports. That will be discussed at a council meeting later this month.

There is one part of the plan that's still alive. The mayor said he'd still like to explore putting a city senior center at the Phillips Event Center.


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