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<br />. <br /> <br />. <br /> <br />. <br /> <br />Memo to the Mayor and City Council/Lions Park Shelter <br />November 16, 2000 <br />Page 2 <br /> <br />The building is proposed to be constructed of concrete block (similar to the existing <br />building) and asphalt shingles. <br /> <br />Financial Considerations <br />According to the attached letter from John Weicht, the Lions Club will be funding <br />$100,000 of the building with cash reserves and obtaining a bank loan for the balance. <br />The letter requests that the city guarantee the bank loan. The city is legally not allowed <br />to guarantee this loan. However, staff believes that some other type of arrangement <br />can be made to satisfy the lender so the Lions Club can proceed with construction. <br /> <br />Next Steps <br />Prior to construction, a Conditional Use Permit must be obtained. Staff anticipates that <br />this request will be considered by the Planning Commission in December with final <br />approval by the Council in January 2001. <br /> <br />Recommendation <br /> <br />Staff recommends that the City work with the Lions Club on this project including <br />developing a proposal to address the Lions Club financing issues; such proposal will be <br />presented to the Council for consideration once all parties concur with the agreement. <br /> <br />S:\PLANNING\MICHMC\CCREPRTS\M00-51.DOC <br />