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City Manager's Recommendations Regarding City Use of the Proceeds from the Arona Project and the Amount of an HftA Tax Levy It is a spectacular first project for our H A. And it is consistent with the principle of using Arona TIC' proceeds to support development consistent with the City's and the H Ai's goals within the Arona TI F district. C. Use the Aram Land Sale Proceeds for a Roseville Commu Center. Unlike the Arona TIF proceeds, the Arona land sale proceeds can be used for many purposes. I recommend they be dedicated to a l oseville om- munity Center. The $1.3 million could be used in a number of ways to help develop a Roseville Community Center. One, it could be used to buy land for the Community center, if necessary. Even if we don't need to buy lard for a Community Center, the $1.3 million could be used to help reduce the amount of bonds needed to build such a facility. Fearer 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 Arona, 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 seen from the construction of our new Police Station and improving our public Works Maintenance Facility, de- sign and construction costs are a major past 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 casts. 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 '41