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Key Contributors: TKDA <br />c. Funding Sources: Special Assessments and <br />Legacy Park Dedication <br />(4) Objective: Redevelop Lino Park <br />a. Key Action Steps: <br />i. City Staff/TKDA prepare plans and specifications <br />ii. City Council accepts plans and specifications, authorizes <br />advertising for bids <br />iii. City Council awards bid <br />iv. City Staff/TKDA oversees implementation of redevelopment <br />plan <br />b. Lead Party: Public Services Department <br />Key Contributors: TKDA <br />City Council <br />c. Funding Sources: Dedicated Parks Fund <br />(5) <br />Objective: Analyze potential development of recreation complex <br />a. Key Action Steps: <br />i. Develop feasibility study of phasing plan for eventual <br />completion of improvements <br />ii. Park Board reviews and comments on feasibility study <br />iii. City Council accepts feasibility study <br />b. Lead Party: Public Services Department <br />Key Contributors: Brauer and Associates, Ltd <br />TKDA <br />Park Board <br />City Council <br />c. Funding Sources: $30,000 for preparation of feasibility study. <br />No dollars included in 2007 budget <br />B. Calendar Year 2008 <br />(1) Objective: Consider potential development of recreation complex <br />a. Key Action Steps: <br />i. Develop alternative financing plans necessary to complete <br />recommended phasing efforts <br />ii. City Council determines whether to proceed with phasing plan. <br />If so, City Council identifies preferred financing plan, and sets <br />timeline for Phase I improvements <br />iii. City staff analyzes /determines whether any modifications to <br />master plan are warranted <br />5 <br />