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The dam-removal and road-repair project is on hold because updated cost estimates increased the expected expense; erosion work near the ninth hole may also require Army Corp of Engineers involvement, adding potential cost and delay. April operations generated a $19,224.41 net gain, while year-to-date revenues exceeded expenses by $161,735.19.
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The Authority approved its April financial report unanimously. The course had $235,940.53 in cash at the end of April, with $209,021.24 available after accounts payable. A fountain motor and related equipment are expected to be replaced for $4,793.15, funded through repairs and maintenance.
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