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� <br />center. These inciude the level of City i�debtedness_ and the time required for plannsng � <br />of i�he ro'ect. Because the City jud'+ciously manages finances to maintain an AA bond <br />p� for constsuction o# a community center, without other <br />rating, the earliest oppo�tunitY _ <br />creative solutions, wouid be approximate�y 2001-2002. <br />REC4MME'NDATlQNS: As a result of this thoroughthe �S�e ,$ now appropnat �or �, <br />community center, the Committee concluded that a�d construction of the <br />the init�aiion of p�anning for the design, financing <br />Roseville Community Center. a <br />The spec�fics of both components and Iocation shb ul1d�ee f�ae ommunity sunreY• <br />comrnittee with input from the larger commun ty Y^+ Y _ <br />This committee should be appointed and planning should commence 4n 1998. <br />FUNDING BACKGROUND: To minimize the need for bond financing, cteative financing , <br />w+il be necessary to accomptish a!� the highly desirable projects recommended in this <br />report. Pubiic private partnerships are a �iable cres {e e f:nancing option in addition to <br />use of r�venues ga�ned from disposal of the Arona � <br />FUNDING RECOMMENDATI�N: Partia� funding for of {h �F ���d pool, revenue , <br />from the sale or feasing of the Acona site, balance <br />from community center rental income, and p� ce o� ihe �fund ng shold be from <br />such as a fitness center or restauranto Tl�e balan <br />a new band issue. <br />B) ARONA SITE <br />BACKGR�UND: The Arona site has served s�� C n9e� Thehfac ty has bee heav 1y <br />Department offoes and as the Roseville Act�vtty <br />used for a number of different types of commun+ty theV�bu ding isr d eand n need �of <br />number of community organi�ations. Hov�eve , <br />e�c#ensive repairs and no longer meets commun� X� tedSO e�mit! on do lars. Both <br />windovvs, fumace and carpet are estimaied at app Y <br />th�e location of the Arona buiiding and its currena`r t te o'f deterioration dictate that <br />�ig��cant exper�dit�res should r,ot be made to rep <br />F�g'COIVIM�111D.�TlUNS: The curr�nt Roseville Activi#y Center site shouid be sold <br />or leased far rede�elopment except for that portion requi�ed pe� the park <br />dedication ordinar�ce. �niy maintenance es►�entia� �or heaith and safety reasons <br />should be p�rfornned on the prese�t A�'°na building. <br />Because af i�e likety delay b�tween the dispacQ �o� i' ���� at �e��ona <br />completion of a rep��cemen� fac�1iiY� intenm sp <br />site must be planned now. <br />12 <br />