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MINUTES MARCH 16, 1998 <br />looking for a site and to hold off on making further plans for the referendum but not <br />completely disregard the possibility of a bond referendum. <br />Rick noted that the Centennial School District will be placing a bond referendum on the <br />November, 1998 election ballot. If the City wishes to also place a bond referendum on the <br />ballot, he would suggest the Council consider Schedule I attached to these minutes which <br />provides details on what would be included in the bond referendum for park and trail <br />purposes. This Schedule outlined three (3) different options for the bond and the tax <br />impact on a $125,000, $150,000 and a $200,000 house. <br />The Council discussed several sites for the athletic complex. Andy asked about the 40 <br />acres owned by Centennial School on Birch Street. Rick explained that he had talked to <br />Mr. McClellan who said that the district plans to build a pre-school/kindergarten facility <br />on that site. He also noted that Centennial School is also unwilling to allow the <br />development of temporary soccer fields at this site. <br />Kim asked Brian if he had discussed some sites with Rick. Brian said yes and noted that <br />Rick has been talking to Gerald Rehbein who owns land north of Main Street between I - <br />35E and 20th Avenue. Brian also noted that Rick has talked to Paul Montain about <br />property on Centerville Road and Birch Street. Rick has also talked to North Oaks. This <br />group owns land in Lino Lakes on the south side of County Road J (Ash Street). Rick <br />was told that there will be residential development in that area with a neighborhood park. <br />There would not be enough land for an athletic complex. <br />Kim said that if a referendum is pursued, she would favor bonding for all of the park <br />needs. <br />John suggested asking the landowners of prospective athletic complex sites if they are not <br />interested in selling to the City at this time, would they entertain an option on the <br />property or the right of first refusal. Either situation would help identify the future site of <br />the complex. <br />FUNDING SOURCES <br />AREA AND UNIT CHARGE FUND - Brian explained that this fund has a fund balance <br />in excess of $4,000,000. He noted that this is a healthy fund however, it has not been <br />adjusted to reflect the impact of the Shoreview Joint Powers Agreement. Brian said he <br />was very conservative in estimating the Area and Unit Charge Fund needs in the funding <br />he proposes. He noted that the SAC Fund contains enough dollars to resolve issues with <br />the fund. Caroline asked when the Council will know the outcome of the Shoreview <br />situation. Brian explained at the last work session in April. The SAC Fund concern will <br />be addressed at the first Council work session in April. <br />John asked Brian and Dave Ahrens if they have identified all the major items that can <br />impact the Area and Unit Fund in the next five (5) years. Dave said the lift station issues <br />PAGE 4 <br />