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Myrhan o u II /1 <br />Elk River Community Center Issue <br />• Abandon the idea of building a banquet room. I have had a lot of push back <br />on that part of the referendum from people. Leave that issue to the private <br />sector. The new restaurant in the western part of the city will have a small <br />banquet room and a potential restaurant/banquet room is still a possibility <br />on the old bowling alley site. <br />• Sell Lions Park Center back to the Elk River Lions Club for $1. The building is <br />in need of a lot of repairs. It doesn't make sense for the city to spend a lot <br />of money on a building that doesn't get much use. <br />• Use the Great River Energy fund to make necessary repairs to the Activity <br />Center. The cost of this would range from $750,000 to $1 million. <br />• Tear down the Barn portion of the Ice Arena and build sheet of ice along <br />with replacing the ice making machine in the Olympic arena. Also redo the <br />front entry of the arena. This would be funded in several ways. Use the <br />difference between the repair cost of the Activity Center and $2 million to <br />betaken from the Great River Energy fund. This amount could range from <br />$1 million to $1.25 million. <br />• The levy amount now collected for the Public Safety Building expires in <br />2023. We should continue that levy after 2023 and use the funding to pay <br />off bonds for the revamped ice arena. If we needed a total of $12 in <br />bonding for the arena, the additional tax per year on a $200,000 would be <br />between $30 and $40 per year. <br />• This plan updates the two main facilities we are concerned about—the <br />Activity Center and the Ice Arena without a significant impact on taxes. <br />• Timing would be crucial for the ice arena. The Barn would have to torn <br />down early in March and construction completed on the new facility by <br />October. <br />• $1 million for Parks (from failed referendum) put off for a few years until <br />we decide to have a park referendum. <br />