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Regular City Council Meeting Monday, March 26, 2018 Page 18 Councilmember McGehee noted at some point there might be a category of things the City had at one time but is no longer useful or appropriate, If such items are identified, there may be no reason to maintain them any longer. Chair Schroeder noted the FC can continue to work on this, but there will still be some give-and-take. Commissioner Matt Harold introduced the next bullet point: • The Commission recommends that the $850,000 in excess TIF pro- ceeds from the recently decertified TIF District#11 be used to finance the construction of the Golf Course Clubhouse & Community Build- ing. And further, the Commission recommends that Park Dedication fees be used to pay the remainder of that construction loan, as this is a new park asset. Councilmember McGehee expressed agreement with both the recommendations, as the Street Improvement Fund is not sustainable at this time. Councilmember Etten asked Finance Director Miller the about the pairing of the $850,000 that with $1 million from Park Dedication, but he cannot remember what was decided about finishing the terms of the loan. Finance Director Miller noted there is still a $250,000 gap to pay that off, and the Commission is suggesting more Park Dedication fees to pay that off Mayor Roe summarized Council support for the plan to pay off the balance over time with Park Dedication fees. Commissioner Harold clarified that the FC recommends paying off the balance immediately with the excess Park Dedication fees the City currently has. Councilmember Laliberte asked that to be put on a future agenda, out of respect for everyone's time. Mayor Roe noted that official Council action will have to be taken to transfer the TIF funds anyway, so this will be revisited by the Council. Chair Schroeder introduced the third bullet point: • The Commission recommends that water, sanitary sewer, and storm sewer infrastructure replacements remain funded through utility rates rather than through the property tax. Chair Schroeder provided a background of the Council's request to look into this issue. She noted the FC recommends to keep the base rate the same.