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City Council Reguiar Mee�ing — 06/20/05 DRAFT Minutes - Page S immediate repairs and enhancements; and to fund an endow�nent to help ensure the facility's long-��rm financial viability. Mr. Brokke not�d that, as the Task Farce process continued, it became evident of ihe amount required to keep the facility upgraded and operational for the long- term. Mr. Baroklce expressed his personal appr�ciation to ev�ryone for their work to-date and far their generosity; noting that the work was just beginning, and he was looking �orward to pursuing ma�c�ing funds for an endowment program; and recognized those influeniial within the community, staff and advisory com�nissions and user garoups who had participated so far, and laoked forward to the new roles in working wit�a th� 4val Advisory Group. Councilmember Ihlan expressed her persanal appreciation to those involved in ensuring the sustainabilitiy of �he Ova1, and looked forward to new ideas being g�nerated ta keep this facili�y as a regional asset. Mayor Klausing concurred with Councilmember Ihlan; encouraging the momentum of the Task Force recommendations relaied ta structural issues; operational efficiencies; and additional funding sources. Councilmember Schroed�r recognized the work of the Task Force in going beyond the call of duty and the excellence of their report; but from his engineering outlook, realized that �here was additional work to be accompli shed and he didn't want to lase the expertise of those on the Task Force. Discussion ensued as to how best to add�ress the fnancial projections; corporate sponsorship; busine�s mod�ls addressed in th� repor-�; and �he AdviSOry Group and F�F ability to build on the Task Force recommendations; and pursuit of some items through the upcoming 2006 budget process and individual depa�ment budgets. Councilmember Schraeder noted that, with staff clarifying that they would be returning to the City Counci� to follow through on fuiure actions, he had no probl�m accepting tlae