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Regular City Council Meeting Monday, November 16, 2015 Page 8 mendations of the Finance Cominission and responses outlined in Attachment A from the Parks & Recreation Coininission. Citv Council and Park & Recreation Cominission Discussion Councilmember McGehee stated as a Councilmember and resident in a different part of the City, she was not excited about this draft policy or suggesting addi- tional park acquisitions when historically the City continued to have shortfalls in funding existing assets in the park system. Specific to acquisitions, with the City Council's powers as a Port Authority (PA), Housing & Redevelopinent Authority (HRA) and/or Economic Development Authority (EDA), Councilmember McGe- hee suggested if an opportunity for acquisition became available that would bene- fit the entire community, she didn't see why the City Council wouldn't talce that under advisement. However, at this point in time, Councilmember McGehee not- ed that the City was not receiving much interest on reserve monies, and therefore to ask that $1 million reinain in that fund without any particular interest earnings generated, while continuing to seek funds to be levied from taxpayers to continue funding general maintenance and improvements she found very worrisome. Additionally, Councilmember McGehee stated that another issue not addressed at all was the possibility of retaining some fiinding in the area from which it came. Since most development was happening on the west side of Roseville, Coun- cilmember McGehee noted that most expenditures were on the east side. Coun- cilmember McGehee noted that there was a lot of development or redevelopment potential in the Twin Lalces area, and interest expressed in inore land acquisition around Langton Lalce. Even though this continued to be a long-term request by Roseville citizens and taxpayers, Councihnember McGehee noted this proposed policy appeared to offer no guarantee that monies would be spent there, at least given historical experiences in things becoming available for acquisition in parts of the coinmunity that had not been acted upon. Councilmember McGehee stated she would like to see that addressed in this pro- posed policy, and reiterated her concern in having $1 million sitting there for ac- quisition until a reasonable level of sustainability was reached with existing assets needing attention, not only in the parks & recreation area. As far as parlc dedication fees are concerned, Councilmeinber Willmus clarified that state statute clearly dictated specific uses allowable for those funds, specifi- cally acquisition or improvements, but not ongoing, day-to-day operations. Councilmember Willmus thanlced the Parlcs & Recreation and Finance Commis- sions for making note of those restrictions in their deliberations and recommenda- tions. Councilmember Etten expressed appreciation for the worlc of both cominissions in working on this policy recommendation coming forward tonight; and noted his understanding based on discussions with City Manager Tnidgeon was that the