6.2. SR 01-30-1995 - Laserfiche WebLink

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e e e At that time the land for Lion's Park had a fair market value of: Exhibit "A" $51,000 Exhibit "B" $102,240. After reviewing this document, it appears that the City of Elk River is the owner of the Lion's Park property and is responsible for all activities that occur on that property. It was mentioned that the Elk River Lions Club and other civic organizations should work together to develop a recreational park area, but the City is ultimately makes the final decision. One of the reasons, if not the only reason, for the 'gifting' of the land by Houlton Investment Company was because of a proposed development on adjacent parcels by Houlton Investment Company that required an extensive storm water drainage plan and holding pond area. The Lion's Park area was being proposed in that plan and holding pond area. The 'gifting' of this land would help in the maintenance of the area as a park. The land could be used as part of the drainage plan by being used as a ponding area. An item mentioned within the "Gift Agreement" document was that the Elk River Lions Club work with the City of Elk River and other civic organizations to develop a recreational park area in and near the Elk River Central Downtown Business District. ADDITIONAL LION'S PARK RECORDS In late 1984 or early 1985, the City of Elk River was a recipient of the LA WCON grant for the development of Lion's Park. A letter dated July 7, 1987, from the Elk River Lion's Club President that included a Statement of Purpose and Goals for the Lion's Park was presented to the City Council on August 3, 1987. On September 28, 1987, the City Council authorized the payment of $8,320 to Central Lutheran Church for an access to Lion's Park. On August 8, 1988, the Lion's Club requested a $29,000 loan from the City of Elk River to complete a shelter in Lion's Park. This request was subsequently withdrawn.