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PTNANCIAL IMPLICATIONS <br />The city's contribution to the enlarged gymnasiums is $250,000 per gym <br />for a total of $500,000, to be taken from the Tax Increment I nfrg <br />structure fund. The city would realize gym rental savings of approxi- <br />mately $6,000 per year through this agreement. Additional savings <br />would he accomplished through not having to pay for the major portion <br />of gym construction. <br />STAFF EZ CQ E DTI ON S <br />Based on the cost savings of building gymnasiums, the favorable con - <br />tractual scheduling arrangements and the reduced operating costs, the <br />staff recommends the city enter into contractual agreement with the <br />Roseville Area School District for the construction and usage of <br />gymnasiums at Brimhall and central Park schools+ <br />COUNCIL ACTION, ESTED <br />Motion authorizing the Mayor and city Manager to enter into agreement <br />with the Roseville Area School District for the cooperative construc- <br />tion' and usage of gymnasiums at Brimhall and central Park schools as <br />per the attached contract with the construction funds to be taken from <br />the Tax Increment Infrastructure Funds <br />