Laserfiche WebLink
Financial Impact <br /> The estimated project cost to install athletic lighting is $135,000. The city will receive a total of$43,000 in <br /> donations in 2014, so the total cost to the city minus the donations by July 1, 2014,will be $92,000. This <br /> is the amount requested for City Council action to amend the Park Improvement Fund. The remaining <br /> $30,000 in donations as set up in the attached agreement from 2015 to 2017 will go back to the liquor <br /> store fund as they are received. <br /> The net final contribution from the liquor store enterprise fund will be $62,000 after all donations are <br /> received. <br /> Attachments <br /> • Oak Knoll Athletic Field Lighting Agreement <br /> • Resolution Acknowledging Contributions <br /> • Oak Knoll Athletic Complex Site Plan <br /> N:\Public Bodies\Agenda Packets\12-02-2013\Final\x7.1 sr Oak Knoll athletic lights.docx <br />