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<br />. Memorandum, Budget Discussions for 8/17/98 Worksession <br /> Page Three <br /> August 14, 1998 <br /> 5. EDA TIF District No.2 Capital Plan calls for more potential spending <br /> (i.e., property acquisition) than available funds allow. Need to evaluate <br /> costlbenefit of securing additional funding. <br /> III. City Hall Facilities <br /> With respect to planning for this new construction activity, additional discussion and <br /> direction from Council needs to occur in three areas: <br /> A. Building Cost <br /> Estimates for construction cost have increased from the initial $1.8 million a few <br /> years ago, to the current estimate of approximately $2.1 million. These cost <br /> estimates have excluded the furniture/fixtures cost component. What is the <br /> spending cap Council is authorizing and, if $2.1 million, where will the additional <br /> $300,000 funding come from? <br /> B. Building Location <br />. In a worst case scenario, in which the Sunfish Lake site land lease is unable to be <br /> accomplished by June 30, 1999, what site alternatives does Council wish to <br /> pursue? <br /> C. Maintenance Facility <br /> While evaluating joint facilities with other entities from a planning/evaluation <br /> perspective, can Council provide direction for the funding source for this activity. <br /> IV. Salary Assumotions <br /> I am enclosing "confidential" schedules which detail proposed 1999 salary costs and <br /> allocations for Council review. <br />. <br /> ! <br />