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Inter-fund Loan <br />At the last city council meeting, a resolution was approved reworking the inter-fund loan <br />arrangement between the Park Dedication Fund and the Sewer Fund. Accumulated <br />interest was forgiven and the loan will now be interest free. Also, a total of roughly <br />$90,000 was transferred from the Park Dedication Fund to the Sewer Fund, to pay down <br />principal on the loan. The funds came from Ruffridge-Johnson (10k), Midwest Best <br />Water (5k) and Bayview Villas (75k), respectively. The Old Mill Estates development <br />will pay Park Dedication Fees on per lot basis as permits are pulled. With these actions, <br />we should see the balance on the loan drop below $1 Million before the end of the year! <br />Long Range Capital Improvement Plan <br />Staff has completed an evaluation of our existing park equipment and has shared that <br />with the committee. Our Finance Director has placed this information in our Capital <br />Improvement Plan for the Capital Outlay fund to be discussed at an upcoming workshop. <br />Waterski Shows <br />Staff was unable to reach a viable agreement with food vendors in time to kick this event <br />off in 2019. The Parks Committee would still like to pursue a recurring Thursday night <br />event to enhance the Bald Eagle Waterski Shows. <br /> <br />PUBLIC SAFETY <br />Centennial Lakes Police Department <br />After meeting with the union and its representation, the two parties were unable to come <br />to an agreement on a contract for the office <br />The city administrators met with the Sergeants union representation and are close to a <br />settlement for their next contract. <br />Centennial Fire District <br />Fire department staff recently spoke to two potential applicants that may be daytime- <br />available. We are hoping they can join the department and strengthen our daytime <br />responses. <br /> <br />