3.0. SR 02-19-1996 - Laserfiche WebLink

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CIP Memo Page 3 February 19, 1996 hiring of an architect is completely up to the City Council and no formal process is required. Once a quote for services is obtained, we would request that an architect be hired and that the first stages of the project be completed. By the first stages I mean the site layout and actual preliminary drawings for the liquor store concept. (This is much like where we are at now with the ice arena project - before design documents are put together). The actual construction of the new Northbound liquor store is mainly driven by funding and then driven by activity surrounding the two liquor store sites along Highway 169. Some liquor store financial status information will be offered on Monday evening by Assistant City Administrator Lori Johnson. It is a concern of the city to go into debt for the construction of the second liquor store and we would like to have this project as fully funded as possible before we begin. If the project is not fully funded, it would make the use of liquor store funds for other special projects very difficult. In the past, as the Council knows, we have not only used liquor store funds annually to offset the general tax levy, but have also used funds for such projects as the fire department equipment van, the fire department building expansion, the street loader, and the Industrial Park purchase. Ice Arena Project Update After meetings of the Ice Arena Task Force on February 7th and 14th, it appears clear that the Task Force has a strong desire to move forward with this project in 1996. This is in spite of the project not receiving Mighty Ducks funding last year. Nonetheless, the Task Force is optimistic that it will receive a Mighty Ducks grant in 1996 if the Legislature approves more money. The sports commission has advised the city that it does fund projects that are under construction and there will definitely be more than $250,000.00 worth of expenses that are not in the project that should be added and could be financed with this Mighty Ducks money. The project is being down sized to approximately 1,500 seats. Without any sales tax, the estimate for this project is slightly under $2.7 million. There appears to be slightly more than $2.35 million available for the project, so there is still a gap between available revenues and the cost estimate of the project. The Task Force believes that the cost of the project will be closer to $2.5 million when additional items that can be supplied with volunteer labor and equipment are removed from the bid package and also in the anticipation of a good bidding environment. If this does take place, then the remaining challenge to finance the construction will be to get the revenues up to the $2.5 million range.