HomeMy WebLinkAboutMINUTES Stanley Park Committee 1988-11-21BRADFORD PUBLISHING CO.
RECORD OF PROCEEDINGS
Stanley Park Committee
November 21, 1988
Committee: Chairman Aldrich, Trustees Habecker and
Hix
Attending: All
Also Attending:
Mayor Dannels, Trustees Dickinson and
Garrett, Town Administrator Klaphake,
Executive Director/General Manager
Scott, Finance Officer Vavra, HSRC
Members Russell, Martin, and Dill, Ned
Linegar, Clerk O'Connor
Absent: None
Chairman Aldrich called the meeting of the Stanley Park Committee
to order at 2:02 P.M.
INDOOR ARENA - UPDATE.
Town Administrator Klaphake submitted a chart updating staff's
figures which compared the figures to those of the ERA Study.
The chart identified capital cost, debt service, sales tax
impact, revenues and expenses for year one, and is on file and
made a part of the record of these proceedings by reference
thereto. The Horse Show and Rodeo Committee did not have an
opportunity to preview the charted figures. Discussion included
the various types of bond financing, General Fund subsidy to
the Stanley Park operation, the Capital Improvement Fund Priority
List, election vs. public workshops to obtain public opinion, how
the Stanley Park Master Plan would be affected by construction of
a multi -purpose facility, the projection identifying when the
project would break even, and the staff's conservative approach
taken on the updated figures.
Staff will attend a special meeting of the Horse Show and Rodeo
Committee December 15th at 7:30 P.M. to further discuss the
update. The Horse Show and Rodeo Committee will submit their
comments to the Committee in January.
The Stanley Park Committee meeting for December was cancelled.
There being no further business, Chairman Aldrich adjourned the
meeting at 3:19 P.M.
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Vickie O'Connor, Town Clerk