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2000-09-13 CC
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2000-09-13 CC
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<br />The YMCA of Greater Saint Paul & The City of Lino Lakes <br />Draft Development Agreement Highlights <br /> <br />1. City of Lino Lakes Capital Fund raising commitment of $2,000,000. <br />· $1,500,000 in Cash <br />. $500,000 in Land & Infrastructure <br />· Payment & Land transfer to be made once construction begins <br /> <br />2. YMCA of Greater Saint Paul's commitment to build and operate a YMCA facility of <br />approximately 40,000 square feet that includes: <br />. Swimming Pools <br />. Gymnasium <br />. Teen Center <br />· Child Watch <br />· Kid's Gym <br />. Aerobic Studio <br />· Strength & Cardio Equipment Room <br />· Walking/Running Track <br />· Male, Female and Family Lockerooms <br />. Lobby <br />· Offices <br /> <br />3. Length of Agreement will be Fifteen Years. <br /> <br />4. The YMCA will build and operate a free drop-in Teen Center for the length of the <br />agreement. <br /> <br />5. The YMCA will reduce joining fees by 25% for City or Lino Lakes residents Cor the <br />length of the agreement. <br /> <br />6. The YMCA will reduce monthly membership rates by 10% for use of this new Chain <br />of Lakes YMCA for City of Lino Lakes residents for the length of the agreement. <br /> <br />7. The YMCA will provide 4 Community Nights each year free to City of Lino Lakes <br />residents for the length of the agreement. <br /> <br />. <br />
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