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Meeting Date:	06/10/2019
Disbursement Request Fund 7110
Submitted for:	Elizabeth Ortiz	Submitted By:	Elizabeth Ortiz
Department:	County Judge

Subject:

Discussion and possible action to approve a disbursement request from Webb County to Touchstone Golf, in the amount of $46,598.57 for the purchase of new and/or used maintenance equipment, including but not limited to a greens aerification unit, fairway aerification unit, an equipment lift, walking green mower, spare mowing heads for greens and other miscellaneous items within the funding amount requested from the Certificate of Obligations Series 2013; and any other matters incident thereto. [Account #7110-6040-001-474501, Construction in Progress (Bond Series 2013)]

Issue: The golf course is in need of equipment for the golf course to continue with improvements.

Solution: Allowing Touchstone to use the disbursement will provide funding for these major improvements.

Result: It is anticipated that remaining bond funds will be fully utilized with the acquisition of the equipment.

Background:

N/A

Previous Court Action:

N/A

Fiscal Impact

Budget Account Number:	N/A
Funding Source:	N/A
Balance:	N/A
Financial Impact:
N/A