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<br />. <br /> <br />Staff received direction from the City Council on 8/29/94 to proceed with finalizing this <br />offer from the Shie1y Company. As everyone knows, staff has been a little busy in the <br />last few weeks with the Western Area Phase II improvement project and the budget <br />process, and I personally have only had the opportunity to talk with the Shie1y Company <br />representative, Bob Bieraugel twice. In the CUP application, this proposed 50 acre park <br />area is in a buffer zone and we should confirm the understanding that the City would <br />purchase this property or accept it as park dedication. If purchased, where the funds <br />would come from for this purchase would have to be decided by the City Council. The <br />source of funds would be partially determined by the purchase method; i.e., cash at once <br />or contract for deed for five years. This park decision will have an effect upon the City <br />for many years to come and we may simply need more than a few weeks to evaluate and <br />consider this offer. <br /> <br />Once again, the City sincerely appreciates the Shiely Company's approach to dealing <br />with us and their offer to help address some of our concerns. Furthermore, we appreciate <br />the offer to look at additional property in this area to enhance our park environment. <br />Nonetheless, ~ park dedication is deemed the best approach by the Council on 9/19, <br />we may need some additional time to evaluate the entire situation. <br /> <br />On the other hand, if the Council decides to use the park dedication method now to obtain <br />control of all or part of the 50 acres, please see Steve Rohlfs memo for details on this <br />transaction. <br />. <br /> <br />s:council:shiely2 <br /> <br />. <br />