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January 11, 19'89 <br />a <br />TO is Steve North <br />M <br />FRONGel B'o'b Blerscheild ebi <br />a <br />RE a, Parks, and Recreation Proposed, Referendum <br />-Asi a riesult of th.11's discussion,? the Parks and Recreation <br />Commission held a special meeting on Moindayijo January 9th,. Th�m <br />. ....... ............. <br />commission had, a, lengtihy discussion concerni .. n,g several possible <br />spitions for recreati,on, improvement pr,o3ects and made the <br />NI <br />following u,n,anlimiou,s (a eight members were present) <br />I <br />rieciolmmen,diatio,-r,: <br />The staf f' calculated the proposed costs as follovs,-v. <br />1,61 Community Recrieation and Culture Center $6,F5001000 <br />GYM <br />Ity Center, � <br />(Pe o i <br />rfrmng Arts Centerp Communi ,, <br />nasium,i Off i",ce,i Gymnastics Center and Arena <br />41 <br />Improvements) <br />Issuan,c,ie costs 130,000 <br />Annual debt service 798t000 <br />Cost to an $85j,000 home 33o85 <br />2a Purchase of' land adj1acent to Central, Park, Nature <br />Center (approximately 10i acres) 976y471 <br />I <br />Isisu,aince costs 20,000 <br />Annual, debt servi isce 1201000 <br />Cost <br />• an $851000 home solo <br />