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Regular City Council Meeting <br /> Monday, July 15, 2019 <br /> Page 4 <br /> Mr. Miller explained it is not in the License Center Fund, there are a separate set <br /> of books being kept just for the Lexington Shop Center. There is not anything in <br /> the CIP for the strip center because there still needs to be a conversation with the <br /> Council for long-term maintenance. He noted so far there is not a single dollar <br /> programmed into the CIP for that building. <br /> Councilmember Willmus asked how the City of Roseville is allocating lease sav- <br /> ings for that facility. <br /> Mr. Miller explained the rent the license center would have paid under the exist- <br /> ing lease is getting funneled into that facility. <br /> Councilmember Willmus asked how that is getting reflected. <br /> Mr. Miller explained it is an expense to the license center and the revenue comes <br /> over into a separate fund for just the strip mall. He noted there is no capital, one <br /> hundred percent of that is being used for operating costs. <br /> Mayor Roe asked if there was any Capital Fund balance somewhere in existence <br /> that was a part of the acquisition of the Lexington shops. <br /> Mr. Trudgeon stated there was no amount of transfer of funds. <br /> Mr. Miller continued with his presentation on funding strategies and impact on <br /> homeowners reviewing the strategies with the Council. <br /> Mayor Roe appreciated the information and thought it was really reflective of <br /> what the City Council has been looking for over the last few years with the 2020 <br /> details and supporting narratives as well as the 2020 summary. He appreciated <br /> being in a position of looking at this and finding things looking pretty good for <br /> the next twenty years. He thought staff has been working really hard to get the <br /> City of Roseville to that point and it is relieving to see some of that progress <br /> showing in terms of not having a lot of painful issues to deal with. It seems to be <br /> much more manageable this time around than it has been in the past and a lot of <br /> credit goes to staff, and Councilmembers present and past. <br /> Councilmember Laliberte thought this was nicely laid out. She did not anticipate <br /> having a conversation tonight. She indicated strategy number one, for her, bears <br /> some discussion on the City Council's part as to how to engage voters on this. <br /> She personally thought the people voted on that bond levy to begin with and <br /> should have some public process to weigh in on this. She thought there also <br /> needed to be more conversation on strategy number five about the communica- <br /> tions. She thought as laid out now, it is the most transparent and agreed that with <br /> the cable franchise fees declining, it is not going to look good. She thought there <br />