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Page 4 of 73 <br /> <br />INTRODUCTION <br /> <br /> <br />The Chain of Lakes YMCA branch in Lino Lakes (the “YMCA”) suspended operations at the start <br />of the COVID pandemic in spring of 2020. In early fall of 2020 the YMCA made the decision to <br />close the YMCA permanently and return ownership of the YMCA building to the City of Lino <br />Lakes (the “City”). On March 1, 2021 the ownership of the building formally reverted to the City. <br /> <br />The closing of the YMCA prompted the City to face hard decisions about the future of the former <br />YMCA building. Key questions included: <br /> What is the City going to do with this building? <br /> Can the City reopen and manage the old Y as a City Recreation Center? <br /> What private or outside management options may work in managing the building as a <br />Recreation Center? <br /> What would it cost to re-open? <br /> What changes or improvements are needed? <br /> What will it cost the City to run this facility? <br /> What strategic long term opportunities are there for a Recreation Center? <br /> Should the building be sold or repurposed? <br /> <br />These questions and the info and analysis needed to analyze these questions led the City to seek <br />outside consulting expertise to answer these questions and develop strategic, tactical, and practical <br />plans and recommendations for the future of the former YMCA. <br /> <br />The Isaac Sports Group, LLC. was retained in December 2020 to conduct this overall analysis of <br />the potential and opportunities for the former YMCA building (the “Study”). <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />