5.6. SR 05-02-1994 - Laserfiche WebLink

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A.( -\.( ( II rill River AGENDA ITEM 5.6 MEMORANDUM TO: MAYOR & CITY COUN FROM: PAT KLAERS, CITY DATE: APRIL 27,1994 SUBJECT: 1994 PARK DEDICATION FUNDS Consistent with the past few years, the Park and Recreation Commission is requesting the City Council to approve $25,700 worth of expenditures from the Park Dedication Fund for park improvements throughout the community. Attached for your review is the motion approved by the Commission at its March 9, 1994, meeting. e The Park Dedication Fund as of 1/1/94 was at approximately $69,000. Additionally, more revenue is anticipated in 1994. However, expenditures out of the Park Dedication Fund beyond the request before the Council tonight includes part of the City's matching requirement for the state grant associated with the Woodland Trails Park and the improvements that are scheduled with the City's trail system (i.e., Meadowvale Heights, Hillside Estates, Mississippi Oaks, Heritage Landing, Orono Parkway and Joplin Street). Finally, if Mr. Niziolek is successful in his grant application on behalf of the City, another $70,000 may need to be spent in 1995 and 1996. For the above stated possible projects, staff has consistently recommended to the Park and Recreation Commission that we keep our annual improvements to our neighborhood parks in the $25-$30,000 range. As more funds become available, we may be able to increase this amount in the future. Staff recommends approval of the Park and Recreation Commission's recommendation for the use of $25,700 worth of Park Dedication Funds in neighborhood parks for improvements in 1994. e P.O. Box 490 · 13065 Orono Parkway · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425