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Item # 7. <br />MEMORANDUM <br />TO: Park and Recreation Commission <br />FROM: Bill Maertz, Parlcs and Recreation Director <br />DATE: February 8, 2006 <br />SUBJECT: Directors Report <br />• Pinewood Golf Course -Staff will provide an update on the City's plan for <br />purchasing Pinewood. <br />• Library project -The city hired the Architect firm of KKE to study library <br />expansion options. The recommendation was to build a new library on the site <br />across from City Hall. On 1/17/06 the City Council voted to approve the site <br />selection and authorize staff to explore financing options. <br />• Park Dedication balance and updated revenue forecasts <br />Attachment: <br />Concept Design of library project <br />Park dedication balance and revenue forecasts <br />