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center. These include the level of City indebtednes~. and the time required for planning of the project. Because the City judiciously manages finances to maintain an AA bond rating, the earliest opportunity for construction of a community center, without other creative solutions, would be approximately 2001-2002. RECOMMENDA nONS: As a result of this thorough consideration of the issue of a community center, the Commi~ee concluded that the time is now appropriate for the initiation of planning for the design, financing and construction of the Roseville Community Center. The specifics of both components and location should be detennined by a citizen committee with input from the larger community by way of a community survey. This committee should be appointed and planning should commence In 1998. FUNDING BACKGROUND: To minimize the need for bond financing, creative financing will be necessary to accomplish all the highly desirable projects recommended in this report. Public-private partnerships are a viable creative financing option in addition to use of revenues gained from disposal of the Arona site. FUNDING RECOMMENDA TION: Partial funding for the community center could be from the sale or leasing of the Arana site, balance of the TlF bond pool, revenue from community center rental incomet and private public sector partnerships such as a fitness center or restaurant. The balance of the funding should be from a new bond issue. B) ARONA SITE BACKGROUND: The Arana site has served since 1991 as the Parks and Recreation Department offices and as the Roseville Activity Center. The facility has been heavily used for a number of different types of community activities and for meeting space for a number of community org::mizations. However, the building is old and in need of extensive repairs and no longer meets community needs. Replacement of roof, windows, furnace and carpet are estimated at approximately one million dollars. Both the location of the Arona building and its current state of deterioration dictate that significant expenditures should not be made to repair it. RECOMMENDA nONS: The current Roseville Activity Center site should be sold or leased for redevelopment except for that portion required per the park dedication ordinance. Only maintenance essential for health and safety reasons should be performed on the present Arona building. Because of the likely delay between the disposal of the Arona site and the completion of a replacement facility. interim space for all activities at the Arona site must be planned now. 12