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ELK RIVER PLANNING MEETING <br /> <br />OBJECTIVES <br /> <br /> 1.- Create clarity regarding options available to develop a YMCA for Sherbume County <br />2. Determine best options and course of action to proceed <br />3. Create momentum to achieve objectives <br />4. Develop a communication plan <br /> <br />YMCA DEVELOPMENT OPTIONS - DISCUSSION POINTS <br /> <br />OPTION I <br />"Ground Up" <br />3 year seed money raised <br />($300,000) in community <br />campaign to bring YMCA to <br />Sherbume County <br />Executive Director is hired <br />to: <br /> *Develop programs <br /> *Community involvement <br /> *Develop groundwork for <br /> Capital development <br /> <br />UPSIDE <br /> <br />VI Develops strong program <br /> foundation <br />[] Creates identity <br />[] Develops strong boards <br />vi Establishes strong basis of <br /> <br /> predictability for success <br /> <br />DOWNSIDE <br /> <br />[] Disappoints those eager to <br /> see a facility <br />[] Requires significant buy-in <br /> from School District and <br /> Park & Rec. Takes time. <br />[] Requirement of immediate <br /> investment by the <br /> community with promise of <br /> return for capital. <br /> <br />OPTION 2 UPSIDE DOWNSIDE <br />"Public Partner - Driver" <br /> <br />YMCA is contracted with <br />County funds and City funds <br /> <br />[] Immediate major YMCA <br /> presence <br />[] Capital funds not an issue <br /> <br />[] Program partnerships may <br /> not be developed <br />[21 Community "at large" may <br /> not feel ownership for <br /> YMCA success <br /> <br /> OPTION 3 UPSIDE DOWNSIDE <br /> Public Partners <br />[] <br /> <br />Hybrid of one to two major <br />capital investments is <br />pledged from County & City <br />as a part of YMCA driven <br />Capital Development <br />program to raise $10- 12 <br />million <br /> <br />[] Community involvement <br />[] Commitment is solidified <br /> <br />**Please create any other options open for discussion. <br /> <br /> <br />