Laserfiche WebLink
l� <br /> MEMORANDUM <br /> DATE: June 14, 2000 <br /> TO: Mike Mornson, City Manager <br /> FROM: Roger Larson, Finance Director <br /> ITEM: SKATE PARK FUNDING <br /> I have reviewed the proposed costs for the procurement and installation of a skate park. <br /> The project was formulated on a planning guideline of"not to exceed" $50,000. <br /> Combining the bids from three vendors the youth task force has concluded that the cost <br /> of the project would be approximately $45,000. My suggestion for funding of the <br /> project would be to designate a portion of the 1999 liquor profits (see attached). <br /> It has been past practice that profits from liquor operations are a funding source for park <br /> improvements and capital equipment purchases. <br /> • Recommendation: <br /> Council approves the transfer of$50,000 from Liquor Operations to Fund 4501 Park <br /> Improvement Fund to provide funding of the proposed Skate Park Project. Any monies <br /> that remain unspent could be used by Public Works to make mini-improvements to the <br /> area or purchase additional equipment. <br /> • <br />