09-30-87 Council Workshop Minutes

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MINUTES City Council Sept. 30, 1987 The fir•st fund r~eviewed was the summar~y/over•view of the Capital Project Fund. Next was the Par•k Acquisition Fund. With r•egar•d to this fund, the Council discussed with the Auditor• the possible pur•chases of par•k land in the City, specifically land in the Center•ville Road ar•ea, Spooner Par•k, Capital View, and the possible addition to the City Center. Fahey felt that the City's financial position appear•ed that pur•chase of Spooner• Par•k may need to be postponed until such time as the School Distr•ict actively seeks a pur•chaser• for• this property. Council discussed the upcoming public hear•ing scheduled for• October~ 14 at which the potential pur~chase of pr~oper•ty in the Center•ville Road ar•ea for• r•ecr•eati onal pur•poses wi 11 be consi der•ed. Scalze r•epor•ted that Bill Sander•s is pr•epar•ing site plans for~ a couple differ~ent alter•natives for• this pr•oper•ty, which will be pr•esented at the public hear~ing. Fahey r•equested that the City Auditor• pr•epar•e some financial r•epor~ts for• pr~esentation at the meeting outlining the City's financial capability to pr•oceed with such a pur•chase. Council also discussed including in the Par•k Development Fund moni~s generated from other than charitable gambling proceeds. D~rs. Scalze felt that the fund should include only gambling monies. The Council also discussed the possibility of pur~chasing pr~oper•ty in the Center~ville Road ar~ea on a contr~act-for~-deed with Fahey pointing out that the City is limited to no longer• than a 5 year• contr•act-for~-deed. Fahey felt that at the meeting on October~ 14th the Council would have to decide whether• it wanted to pur•sue pur•chase of proper~ty in the Centerville Road ar•ea, determine the amount of acr•eage the City would need, and authorize the City Attorney to pursue purchase agreements with the pr•oper~ty owner•s. Fahey stated that the Auditor• will need to show that the City has the financial capability to pur•chase the pr•oper•ty. The Auditor• pointed out that in the Par•k Acquisition Fund he has shownapotential contr~ibution of $200,000 fr•om the Recr•eation Association for• pur~chase of pr•operty in the Center•ville Road ar•ea. The Auditor• asked for~ Council dir•ection on this. Blesener felt the $200,000 should be reflected in the Park Acquisition Fund. The Audi tor~ asked i f fur~ther• contri buti ons woul d be comi ng fr~om the Page -4-