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Commissioner Stoner questioned if/how staff would want to theoretically adjust the cash reserve target level range. Staff stated that they were potentially comfortable with the 25% as the low but could see adjusting the high to 30% or 35%. Staff noted that the earmarked money could potentially be used to help fund items such as Emerald Ash Borer (EAB) or to help with necessary updates at the Guidant John Rose Minnesota OVAL. Vice-Chair Hoag encouraged building an EABspecific account as it will need additional money in the near future. Commissioner Brown questioned the specifics of the 2010 plan. Staff stated that it is essentially a treatment, removal and replacement plan. Commissioner O’Brien asked if EAB, as it relates to cash reservesshould be discussed at the June joint meeting with the City Council. Staff confirmed that would be a good idea. 9) STAFF REPORT 8.A. CITY LEGISLATIVE PRIORITIES UPDATE 8.A.i. GUIDANT JOHN ROSE MINNESOTA OVAL STATE BONDING Currently, the House has, and the Senate has not, heard testimony for the Guidant John Rose Minnesota OVAL State Bonding request. To date, the response has been positive and people are supportive and understanding of the need and request. 8.A.ii. CEDARHOLM GOLF COURSE LIQUOR LICENSE The Cedarholm Golf Course Liquor License has been included in both the House and Senateomnibus liquor bills. It appears that the timing for the vote on this bill will be at the end of the legislative session. 8.B. OTHER NEW OR RELEVANT COMMUNICATION ITEMS Natural Resource Renewal Event at Reservoir Woods on April 20 from 10:00 a.m. – 12:00p.m. Future event dates are May 18 and June 15. 10) OTHER The new Commissioners provided a brief introduction of themselves to the Commission. Meeting adjourned at 8:36 p.m. Respectfully Submitted, Danielle Christensen, Department Assistant 4