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City Council Regular Meeting - 10/25/04 Minutes - Page 2 runs related to the John Rose OVAL; additional work and costs required to facilitate alleged engineering and staff errors and omissions; and increased overall project costs. Mr. Kehr suggested a better use of funds may be revitalizing the OVAL into a community center, creating a more productive operation with considerably less maintenance; with potential to generate profits, rather than continuing deficits. Mr. Kehr opined that such a venture would find strong support among Roseville citizens. B. Eugene Bahnemann, 2656 N Lexington Avenue Mr. Bahnemann opined that several errors were evidenced in Mr. John Kysylyczyn's public comments at the previous meeting. Mr. Bahnemann addressed his recollections of fire department apparatus and equipment; and encouraged Councilmembers to use more care in allocating funds to preserving the historical identity of the City, rather than on Twin Lakes redevelopment, the OVAL, and/or pathway constructi on. c. Al Sands, 2612 AIdine Mr. Sands addressed a suggestion made by Councilmember Ihlan at the previous meeting related to business practice analysis for specific projects. Mr. Sands supported a cost/benefit analysis, from a city taxpayer's perspective, the City's viewpoint and a developer's viewpoint. Mr. Sands suggested that the Council further consider a "payback" analysis to determine how and when an investment in a proj ect was paid back. Mr. Sands reviewed several past projects that would have proven beneficial had the Council used such an analysis (i.e., OVAL, Tax Increment District No.1, and the bridge on County Road B-2 over I-35W). Mr. Sands further noted that the former Parks and Recreation Director had advised the City Council not to proceed with construction of the OVAL without written commitment from the State of Minnesota for cost-sharing of operations and maintenance for a regional facility.