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Agenda Packets - 2026/03/26
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Agenda Packets - 2026/03/26
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Last modified
6/24/2026 8:05:31 AM
Creation date
6/24/2026 8:04:34 AM
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MV Commission Documents
Commission Name
Parks, Recreation & Forestry Commission
Commission Doc Type
Agenda Packets
MEETINGDATE
3/26/2026
Description
Regular Meeting Packet
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Parks Funding Options <br />$10million bone. <br />15 year 20' year <br />Net proceeds $ 9,798,000 $ 9,798,000 <br />Interest paid $ 2,764,127 $ 4.108,298 <br />Annual levy needed $ 893,489 $ 740,686 <br />Annual property tax impact to residential properties <br />Property Estimated Annual <br />Mnr'ca: V8!ll.= City Tax Increase <br />$ 250,000 $ 130 $ 110 <br />$ 350,000 $- 180 $ 150 <br />$ 450,000 $ 240 $ 200 <br />$115 million'' bond, <br />115,year <br />21;yiear <br />$ 14,768,000 $ <br />14,768,000 <br />$ 4,236,931 $ <br />6,555,428 <br />$ 1.346.585 $ <br />1,131,660 <br />Estimated Annual <br />City Tax Increase <br />$ 200 $ 'f70 <br />$ 280 $ 230 <br />$ 360 $ 300 <br />$20 million bond <br />1.5 year <br />22, year <br />$ 19,718,000 <br />$ 19,718,000 <br />$ 5,649,418 <br />$ 8,742,278 <br />$ 1,795.459 <br />$ 1,508,970 <br />Estimated Annual <br />Citv Tax Increase <br />$ 260 $ 220 <br />$ 370 $ 310 <br />$ 480 $ 400 <br />
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