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from now when the City is missing <br />$250,000.00 in service expansion <br />fees and an increase in bonds. <br /> <br />Ott: <br /> <br />The increase food service area will <br />generate an additional $35,000.00 to <br />the bottom line. Therefore, by <br />taking what we have in reserve from <br />the expansion fees and profits, we <br />have a surplus in reserve which is <br />over and above the debt service. By <br />investing $100,000.00 of that <br />reserve into food service, we'll <br />realize annually an additional <br />$35,000.00 to the bottom line. <br /> <br />Sisk: <br /> <br />Is there any money that will go <br />additionally to RSL of the <br />$100,000.007 If Council approves <br />the expansion project and the income <br />goes up from the beverages and food, <br />does RSL take anymore money than if <br />Council doesn't approve the <br />$100,000.007 <br /> <br />Ott: <br /> <br />No. It will have no financial <br />impact on RSL. <br /> <br />Howard: <br /> <br />The golf course in Oklahoma has very <br />little to do, in reality, with the <br />front range in Colorado. That's why <br />I specifically asked for information <br />out here. Additional revenue of <br />$35,000.00 per year sounds <br />wonderful. I don't feel I have <br />enough information to justify the <br />expenditure. I see a $100,000.00 <br />expenditure today in the hopes that <br />RSL's guesstimate is correct. But, <br />I don't see anything to justify it. <br /> <br />Ott: <br /> <br />There is no better example than the <br />current history of two years of <br />operation at Coal Creek. For three <br />years in a row, we have been giving <br />the Council budget numbers and have <br />never missed on those numbers in <br />gross revenues, expenses, and net <br />operating expenses. <br /> <br />Mayer: <br /> <br />RSL's Agreement will be coming up in <br />the near future, and from my point <br /> <br />17 <br /> <br /> <br />