07-18-2016 CCM - Laserfiche WebLink

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City Council Minutes Page 10 July 18, 2016 • Addition/renovation options ■ New facility concept plan • Site analysis ■ Cost estimates Council questioned funding sources for phases 2 and 3. Mr. Barnett stated it is typical for users, such as youth hockey, to contribute some, but not all funding. There was discussion on how costs of a community center would affect individual tax payers based on the value of their property. It was noted, with very preliminary numbers, that a home valued at $200,000 would pay $201 per year, based on a $35 million bond over 20 years. The committee would recommend payment be spread out over 30 years. This detail hasn't been worked out yet and would come back at a future meeting for further discussion. Mayor Dietz questioned if staff could calculate the rate of future growth in order for Council to be able to provide an estimate of how the rate for this bond could decrease the taxes as time goes by and the city grows. Staff noted the numbers can be compiled but there could be many variables affecting them. Mayor Dietz felt the dome would be the key to get the bond passed because it appeals to more sports users. He suggested it be moved to Phase 2. He believed there would not be enough hockey people to pass the bond based on ice sheets alone. Mayor Dietz questioned how this bond/vote would be marketed Staff noted the city can't market for a "yes" vote for a ballot question but an independent community group could form and promote the center. Councilmember Wagner stated she has been contacted by business owners offering to help. Mayor Dietz expressed concern for the narrow timeframe to get the word out before November. There was discussion about the land purchased by the Wastewater Treatment Division and whether the city was obligated to pay them back. Staff was asked to research this issue so Council can evaluate it. Council would like more refined numbers so they can talk to taxpayers about costs. '4ATVRE