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Minutes of Finance Committee Meeting, September 19 Page four . Park Fund (227-45100) The Park Fund presently has a balance of f$257,700. Estimated future dedica- tion funds (a very conservative estimate) total $150,000. Approximately $35,000 in outstanding dedication funds can still be expected. Buckley reviewed with the Committee the long range development plans for the parks; stated that all land in this long range plan has been acquired with the exception of a small portion of land near Round Lake, and Arsenal land (if that becomes available). He emphasized that this is an "optimwn" total development plan, He estimates that all park land desired will be obtained, and initial development completed, in all parks, with remaining park dedication funds, Buckley distributed 1985 per capita capital expenditures for parks in neighboring communities, Discussion with Robert Raddatz, Public Works Supervisor In his response to the Committee's concerns in the Public Works portion of the annual budget, Raddatz stated that he had, by fine-tuning and by cutting, eliminated about $9,000 from his requests. He then reviewed each point questioned with the Committee, General Government (101-41940, Code #520) -7,600 Code #223 is up somewhat; provides for replacement of some doors in Public Works Building. Raddatz stated they are in extremely poor condition; his crew can repair some of them, but replacement with steel door would be a good investment, Code 520, Capital Outlay, provides for a new telephone system. Raddatz has now found that the system he might like to recommend could cost twice the budgeted amount; is recommending this amount be budgeted in 1986, with a similar amount budgeted in 1987, and purchase made then. Motion was made by Hottinger, seconded by Rautio, that purchase of new telephone system be deleted from 1986 budget. Motion carried unanimously. While Raddatz still recommends eventual re-insulation of the City Hall, he is now recommending this be delayed until NSP has done an energy audit of the building, and until he has devised a cost-effective method to re-insulate the building. . Streets (101-43100) Revenue Account 36990 -6,500 Capital Outlay, Code #550 -3,000 Raddatz is reducing estimate for price of truck to $52,000, and air jack by $1,000. However, he also proposes that instead of selling the used truck (estimated revenue reduction of $6,500) it be transferred to the Parks De- partment for use as a tanker truck, eliminating the necessity for their purchase of a new truck as planned in 1987 (1987 budget saving of $18,000), As a means of balancing this budget, it was moved by Hottinger, seconded by Evans, that cost of this truck-plow-sander be divided between 1986 and 1987 budget, with maximum amount possible paid in 1986 (without exceeding budget limitation) and remainder in 1987. Motion carried unanimously.