Lakeside Lions Park - Playground Equipment Replacement Project SCAN - auth expenditure of funds 11-26-2007

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Item No. 8E Meeting Date: November 26, 2007 Type of Business: CA WK. Work Session, PH: Public Hearing, CA: Consent Agenda; CB: Council Business City Administrator Review City of Mounds Vie St,..ff Report To: From: Item Title/Subject: Honorable Mayor and City Council Greg Lee, Director of Public Works Resolution 7190 Authorizing the Expenditure of Park Dedication Funds for the Lakeside Lions Park Playground Equipment Replacement Project Background: The Lakeside Lions Park Improvement Committee met on June 20, 2007. One of the issues discussed was the Lakeside Lions Park Playground Improvement Project. The playground equipment is planned to be replaced. Plans have been created along with a cost estimate of $90,000. The Lions have donated $50,000 toward this project. The Spring Lake Park Parks and Recreation Commission have committed to dedicating $20,000 towards this project. The City of Spring Lake Park has asked if the Mounds View Parks and Recreation Commission would consider providing $20,000 in matching funds. At the August 23, 2007 Parks and Recreation Commission Meeting, the Commission reviewed this proposal and requested Staff to provide information pertaining to the long range financial plan for the City as it relates to the Park Dedication Fund. On September 27, 2007 the Parks and Recreation Commission made a motion to recommend to the City Council the dedication of $20,000 to the playground structure at Lakeside Lions Park. The Lakeside Park playground was added to the Mounds View 2008 proposed budget under Park Dedication Funds. The City Council reviewed this portion of the budget on Monday, November 5th, at a Work Session. The Council did not comment on this proposed expenditure at the Work Session meeting and no official action was taken. The City Council is scheduled to approve the 2008 budget on December 10th.