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REQUEST FQR COUNCIL ACTION AGENDA SECTION: ORiGINATING DEPT./DIV.: Other Busa.ness Adm ITEM Nd. : ITEM DESCRIPTION: �Q a paxk Acc{uisition Grant DA7E: 1-20-75 OEPT.HEAD APPROVAL, MGR. REVIEWED/RECOMMENDS: In August 1974, �he City submitted a grant application to both the Metropolitan Parks Commission and to the State and Federal Agencies for funds in the acquisition and development of Central Park. Both appZica.tions were turned down because they did not have a sufficiently I�igh priority to qualify for the amount of grant funds available. If those applications had been su�cesstul, it was anticipated that those grants would have f3nar�eed £rom 75% to 1000 of the project costs. Recently, the City has been advised by the State Planning Agency that additional land acquisiiion £unds have become available, because certain previously approved appli- cations have been withdrawri. Roseville vnild now be eligible for a 50o granti up to a maximum of $50,000, thereby permitting the City to acquire park land in the amount of �ioa,000. I,and acquisition priorities for Central Park wexe defined in the August 1974 grant appli- cation. if the City were to proceed with an application for a maximum $50 000 gxant ox - - Gmm,�� --- - -,..... _ , ._ �_ . ,,..._ _._.._� �_.s_�� a total project cost of $100�000, the priorities wouZd be as follows: 1. 3 Lots on Brooks Ave. 2. 4 Parcels on Da1e Street 3. Church property on Lake Bennet 4. *Church property South o£ Coun�y Road C S. #1 House on Victoria 6. #2 House on Victoria 7. #3 House on Victoria Total $ 12,000 12,5b0 2,000 6,OQ0 18 OQO 2��,OQO ��r+-� 27,fl00 $I03,5Q0 The above properties includ� all that is presentiy in the Central Park Master Plan, except for one house and lot on Victoria Street (immediately south of the Church) and estimated to cost $37,000. In terms of priority ranking and the amount of funds that may be available to the City, this parcel could not be acquired at this time. A consideration as it relates to the acquisition of the owner occupied residences on Victoria may be to negotiate an arrangement to live in �hese houses for a longer term or for life, if the owner was interesied in such an arrangement. Financing Loaal Share The 1975 agproved Parks and Recreation capital budget provided $20,000 for land acquisiti�n in Central Park. That amount provided for the acqua.sition of: Three {3) lots on Brooks Avenue $12,000; Church proper�y on Lake Bennet $2,000; and Church property im�nediately south oi Countiy Road C$6,000. If the $50,000 grant was pursued, a.n additional $30,000 in 1oca1 funds would need to be provided. There appears to be only two feasible sources at this time. The first is deferring lower priority projects approved in the 1975 Parics and Recreatian capital pragxam(e.g. acquisition and development funds for Ma.terian Par]c}. The other is General Revenue Sharing funds. It is recommended that Revenue Sharing funds not be further committed until an o�erall xeview of future capital improvement needs be discussed and determined. *This parcel is i.n the process of being determined. The Church's position is anticipated ta be finalized the first week in Februarv.