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02/08/2006 Council Minutes
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02/08/2006 Council Minutes
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City Council
Council Document Type
Council Minutes
Meeting Date
02/08/2006
Council Meeting Type
Work Session Regular
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CITY COUNCIL WORK SESSION FEBRUARY 8, 2006 <br />APPROVED <br />1 city's commitment. The amount of the city's additional contribution would be <br />2 based on final bid numbers and additional funds raised through fundraising. <br />• 3 <br />4 4. Because the city did not have to find a funding source for extension of road and <br />5 utilities to the YMCA, the total city contribution, in today's dollars, remains <br />6 approximately the same 30 cents on the dollar that was originally anticipated in <br />7 1999. <br />8 <br />9 5. The City Parks and Recreation Department is currently working with the YMCA <br />10 for additional joint programming and opportunities for all residents to be able to <br />11 utilize the facility. <br />12 <br />13 Community Development Director Grochala stated staff is seeking Council direction <br />14 regarding this alternative, based on the benefits gained from completing the YMCA <br />15 leisure pool with phase one, rather than some undetermined time in the future. <br />16 <br />17 Actions required to accomplish this would include: <br />18 <br />19 1. City Council adds to the Monday, February 13 agenda a resolution calling for <br />20 a public hearing to grant a property tax abatement and to amend the business <br />21 subsidy agreement to the with the YMCA <br />22 2. Hold the public hearing on Monday, February 27 and consider adoption of the <br />23 property tax abatement and amendment to the business subsidy agreement. <br />24 <br />25 Mayor Bergeson stated the two issues are abatement and the proposal to not give discount <br />26 memberships to residents. <br />27 <br />28 Representatives answered Council questions regarding fees, programs capital fundraising <br />29 efforts, amenities and memberships. The Council questioned the value of the YMCA to <br />30 residents if the 10% discount for memberships to residents is eliminated. <br />31 <br />32 The representatives from the YMCA indicated they were meeting with the local YMCA <br />33 Board tomorrow evening and would discuss ways to open up the facility to non-members <br />34 in the community throughout the year. <br />35 <br />36 Mr. Steve Bubal, Kennedy and Graven, explained the abatement process noting the <br />37 increase in the amount of abatement is workable and will not set a precedent for other <br />38 abatements. <br />39 <br />40 Ms. Terry Heaton, Springsted, stated she is recommending the abatement tool because it <br />41 spreads the debt over the whole tax base and also gives the City the lowest interest rate. <br />42 She noted the City would save approximately $150,000 over the life of the bonds by <br />43 using tax abatement. <br />44 <br />• <br />
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