Title
Discussion of issues relating to the Deer Park Community Center.
Body
Summary:
On Monday, July 23, 2018 at 5:30 p.m. a joint workshop of the Deer Park City Council, Deer Park Community Development Corporation and the Parks and Recreation Commission will be held to discuss issues relating to the Community Center. The Community Center is one of the Type B projects authorized by the voters on May 9, 2015 to be funded by a one-half of one percent sales and use tax. Six (6) specific projects were included in the ballot proposition. The fiscal parameters were set by City Council Resolution 2015-06, which are summarized below:
The costs for the construction, renovation, acquisition equipment and improvement of the projects enumerated in the Type B Proposition shall not exceed $20,000,000, exclusive of the costs of financing such projects, and such costs are currently estimated to be as follows:
a) $1,500,000 for the replacement of the restroom facilities in Dow Park with a new pavilion structure that includes a stage, restrooms, and a concession stand;
b) $6,000,000 for the renovation and expansion of the Community Center and Gym to include an indoor pool;
c) $2,000,000 for the expansion of the existing Maxwell Center and parking lot;
d) $3,000,000 for the renovation of baseball fields including but not limited to the Spencerview sports complex (Durant Fields);
e) $3,000,000 for the renovation of the girls softball facilities at the Youth Sports Complex;
f) $4,000,000 for the development of soccer fields; and
g) $500,000 for the development of hike and bike trails.
Projects were planned to be funded through a combination of Certificates of Obligation (COs) in an aggregate principal amount not to exceed $18,000,000 and an additional $2,000,000 on a pay-as-you-go basis. Certificates of Obligation (COs) are the funding mechanism for most projects. CO sales were planned in three phases as follows:
? 2016: $ 9,450,000 - includes Spencerview, Dow Park Pavilio...
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