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<br />, J.': .~ ,: <br /> <br />- <br />, <br />I CARITAL PLAN <br /> <br />. <br /> <br />City of Centerville, MN <br /> <br />1-' 01-ADM-003 <br />ProJectName Purchase Cedar Street Park <br /> <br />2001 thru 2005. <br /> <br />CoJdact city AdmiDi8lIator <br />Depu1meat AdmiDislration <br /> <br />Type Improvement <br />Usetbl LIfe Forever <br /> <br />Category Land Acquistion <br />PrioJ:ity 2 Very Important <br /> <br />Description <br /> <br />!iect would involve purcbasiDg an umestl.ic:ted deed tbr Cedar Street Park. This park can 0DIy c:ummtly be used IS park properl;y sim:e the City acquired the properl;y <br />tax 1br.filiture. The City wou1d have to pay the back taxes on the parcel to the school and ADoka eoum, to pin an 1III1'llSlric:t deed. This is not necessary ifwe <br />not to wa: use the properl;y. except tbr park purposes. . <br /> <br />Justification I <br />This wouldsiw~Cityultimate CODlJol of the fide of this parcel. If-the City bas an umesb.ic:ted deed, we conIdchooseto sell theproperl;y. <br /> <br />Expenditures <br />Land AcquIsItIon <br /> <br />2001 <br />30,000 <br />3lI,OlIlI <br /> <br />2002 <br /> <br />2003 <br /> <br />'2004 <br /> <br />2005 <br /> <br />Total <br />30,000 <br />3lI,OlIlI <br /> <br />Total <br /> <br />Fm:adiDg Sources <br />GenenlI Fund <br /> <br />2001 <br />30,000 <br />3lI,OlIlI <br /> <br />2002 <br /> <br />2003 <br /> <br />2004 <br /> <br />2005 <br /> <br />Total <br />30,000 <br />3lI,OlIlI <br /> <br />Total <br /> <br />Operational ImpaalOther I <br /> <br />-i ,y. \oA <br />