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Regular City Council Meeting Monday, June 9, 2008 • Page 16 Councilmember Willmus opined that the City couldn't afford to wait another year; noted that the ice arena generated revenue when segregated from the OVAL, and offered his support for the proposed project. Councilmember Pust noted that, while not yet incorporated into CIP document presented earlier tonight, this issue had been one consistently brought forward as one of the most immediate Capital needs in the community; and opined her assur- ance that the project would rank high in the eyes of the community and staff. Councilmember Pust noted that the proposal was not for additional equipment, but was to include additional bore holes to make the field large enough for future expansion; and opined that such a provision made sense. Councilmember Pust opined that, by waiting another year, it would only serve to create larger risks in mechanical issues and potentially shutting down the arena for repairs. Council- member Pust further opined that it was time to move forward, or accept such a major risk, and noted that this was an important facility to the community, and provided a direct service for youth in our community. Councilmember Pust agreed that neither staff or the City Council was able to predict what was going to happen with the economy, or if it would be less expensive to wait a year; how- ever, she noted that continuing to operate a system on Freon was not going to get less toxic to the environment. Councilmember Pust recognized the citizen charge to invest in protecting the community and environment, and opined that this was • an opportunity to do so. Councilmember Pust opined that she would generally be in favor of putting such a decision before a vote of the people; however, on this issue, she expressed confidence that she'd heard enough from them on the envi- ronment and economy and the need to act now, that she was comfortable that the citizens would support a $10 annual increase in their taxes over the next 10 years to bring this facility forward; and further opined that, if she misjudged that public sentiment, the voters would express their sentiments to the City Council now. Roll Call Ayes: Willmus; Pust; Roe and Klausing. Nays: Ihlan. Motion carried. 12. e. Adopt a Resolution Acknowledging the City's Intent to Issue Equipment Certificates Finance Director Miller noted that this step would ensure that all costs, moving forward from today for this project, would be eligible for reimbursement under the Equipment Certificates. Roe moved, Klausing seconded, adoption of Resolution No. 10634 entitled, "Resolution Establishing Procedures Relating to Compliance with Reimburse- ment Bond Regulations Under the Internal Revenue Code."