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Regular City Council Meeting Monday, October 15,2012 Page 20 Councilmember Pust noted another option was to seek recommendation from the PWETC or policy discussion by the City Council on how much to recover through assessments. Mayor Roe noted that the PWETC had provided their recommendation through the recent Assessment Policy review and update adopted by the City Council re- sulting in a negligible impact to the CIP. Councilmember Willmus noted that the discussion also addressed litigation issues in proving benefit to properties for reconstruction projects and whether assessments were justified based on the benefit of a mill and overlay to property value. Parks Facilities and PIP (page 6, lines 220-238) Mayor Roe reviewed the Subcommittee's proposed solution, outside the sepa- rate New Pathways discussion; funding sources, repurposing, and stabilization. At the request of Councilmember Willmus, Mayor Roe noted retirement of debt service earlier than projected could be repurposed for these needs, however, he advised that the solution was based on current schedules. At the request of Councilmember McGehee, Mayor Roe advised that future fund balances would retain $2 million for maintenance as well as a cushion for unexpected projects; however, he noted that the 20 (20) year CIP could be fine- tuned periodically between now and 2030. Skating Center Facilities (page 7, lines 241 —260) Mayor Roe summarized this category as detailed in the Memorandum, with no specific discussion related to it. IT, Central Services and Administration (page 7, lines 263-281) Mayor Roe noted these fund balances were addressed in the August 27, 2012 staff memorandum, as well as included in the September 10, 2012 packet mate- rials as well. Pathways &Parking Lots, PMP (page 8, lines 284—295) Mayor Roe recognized that this much smaller deficit was easier to address as indicated for 2015. Street Light Replacement (page 8, lines 298-306) Mayor Roe opined that it made sense to provide a designated fund for these needs, with funding coming from the building replacement versus using General Fund reserves for that purpose. Total Impact of the 2012 CIP Subcommittee Recommendations (page 9)