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City Manager's Recommendations Regarding City Use of the Proceeds from the Arena Project and the Amount of an H A Tax Levy It is a spectacular first project for our HRA. And it is consistent with the principle of using Arona TI F proceeds to support development consistent with the city's and the HRA's goals within the Arena TIF district. C. Use the Arona Land Sale Proceeds for a Roseville Conunu Cpntp - Unlike the Arena TI F proceeds, the Arona land sale proceeds can be used for many purposes. I recommend they be dedicated to a Roseville Com- munity Center. Use the Money to support a Rosev a Community Center. Discus - sion about a Roseville Community Center has gene on for almost 20 years. Meanwhile, neighboring cities our size -- Maplewood, New Brigh- ten, and Shoreview - have built wonderful, attractive, full - featured com- munity centers. Many Roseville residents - young and old - will benefit greatly from a Roseville Community Center. It is time. It is past time. Now, with the proceeds from the sale of the Arena property, we have a rare oppQ rtunity to use a substantial sure of money as a down payment on that Community center. The $1.3 million could be used in a number of ways to help develop a Roseville Cornmunity center. one, it could be used to buy land for the Community center-, if necessary. Even if we don't need to buy land for a Community Center, the $1.3 million could be used to help reduce the amount of bonds needed to build such a facility. Fewer bonds mean less interest for the city to pay, which means smaller taxes on our residents to support those bonds. With the $1.3 million from Arena, we could pay cash for land or for a portion of the construction cost. Another idea is to set aside the $1.3 to pay for Community center oper- ating costs. As the Council has seem from the construction of our new Police Station and improving our Public works Maintenance aintenance Facility, de- sign and construction costs are a ma0or part of the cost we bear for such building projects. But an even larger amount of money is spent over time to operate such facilities. The $1.3 million would be a good start at funding the operation of the Roseville Community Center. we certainly want to price Community Center services and activities to help pay Community Center operating costs. But, if we dedicate the $1.3 million to assist in paying operating costs, then during start up of the Community Center when we incur 3