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City Council Regular Meeting - OS/23/05 Minutes - Page 32 Council's decision-making regarding proposed repairs and receipt of bids. Mr. Jacobson provided a report timeline; upcoming meetings; draft report preparation and review by the Task Force and the Parks and Recreation Commission; with preliminary review by the City Council at their June 13, 2005 meeting and Task Force review of that City Council feedback, followed by the final report to the City Council at the June 20, 2005 Council meeting. Mr. Jacobson provided a proposed outline of the report that would include: an Executive Summary with recommendations; an Introduction; Background and OVAL history from a financial perspective; the analysis by the Task Force (i.e., assumptions, observations, theme reviews, business model, and proposed options; and Task Force Recommendations. Mr. Jacobson reviewed the various aspects of the Task Force Analysis that would consider options, such as: a retail tax; corporate sponsorship; personal/corporate philanthropy; a bonding bill; user fees; operating efficiencies; on/off season events; a charitable gambling foundation; and the appropriate level of City support. Discussion included a definition of City subsidy related to type and amount proposed; alternative revenues; cost savings; and an assessment of the business model expected to include: context; hard dollar assessment; soft dollar assessment; public usage assessment; economic impact assessment; mothballing and/or removing the oval. Further discussion involved economic impact assessment anticipated at the next meeting by the Roseville Visitor's Association (RV A); the Task Force meeting schedule and location; work of the Engineering Task Force and their upcoming meeting to review plans and specifications with anticipated advertisement of bids yet this week.