Finance Committee Agenda and Packet 2024 10 17

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City Council Finance Committee Meeting Minutes September 24, 2024 Page 6 of 8 from the fields; some maintenance is funded through the recreation fund, and some is funded through the parks fund. We do not have a specific line set up to go back to CIP projects as part of revenue generation, but the fields do recover their costs. Councilmember Fahey commented that timing is critical in building affordable housing because we have very limited space where housing could be built. She feels it's very important to identify potential locations as quickly as possible. Councilmember Fahey asked about the Golf Clubhouse and if we are proposing to repair the clubhouse. The Director of PROS responded that we are proposing to repair the interior & exterior repairs of the clubhouse with the $200,000 budgeted line item. The building is one of our biggest carbon generators and the building will need more in the future. Councilmember Hoefner asked if there is something special about the $2M set aside for Affordable Housing. The Interim City Manager responded that we wanted to make sure that we set aside a meaningful amount to do a larger project should we have the opportunity. Acquisition of Land and leveraging grants to get a project developed is not inexpensive. She added that if the committee would like more research on refining feasibility, staff can look into it. Councilmember Hoefner commented that if it needs to be $1.8M or $1.7M to balance other priorities; he asked if that dramatically move the needle or is it essentially the same thing. The Interim City Manager responded that it is likely essentially the same thing. Councilmember Kern commented that this is what she was referring to previously; not the elimination of Affordable Housing but the need of some of those funds today for some of those projects maybe we don't want to wait on. She is not aware of the state of the restrooms at the ball fields but to think about things that could come into play. She also commented that we do receive funding for affordable housing, and we actually donated those funds to Boulder County Housing Authority this year. The Interim Deputy City Manager responded that those were bond funds, and the Interim City Manager clarified that they were activity bonds. Councilmember Hoefner reviewed PROS requests. He asked if we track the use of the par course. The Director of PROS responded that there are approximately 20-30 outdoor exercise stations on the trail, with a number of them made of wood which have been dilapidated for some time. The ones that are not dilapidated are popular with trail users. It is an amenity that will require funding for replacement or an amenity that should be removed from the trail. It has been a popular Eagle Scout project in town; we have rehabilitated four of the stops with the assistance of the Eagle Scouts. The budget request is a phased approach to replace 2-3 pieces for a 5-year lifespan with the same type of equipment we have at the arboretum. It is to the committee's discretion; we don't have data for each of the amenities. It's a high priority for the PPLAB. Councilmember Kern commented that she does think they are popular with those who like to recreate outdoors. She also commented that the equipment at the arboretum is also looking quite worn. The Director of PROS responded that there are CIPs for arboretum improvements beginning in 2026. Councilmember Hoefner commented that he would lean toward removing this line item recognizing the squeeze on the parks budget overall. It may be that we hear from community members, but it does seem like one potential area of change. Councilmember Dickinson commented that the $300,000 number seems high for the par course improvements. He asked if there is a possibility to find a less expensive way to make these improvements. The Director of PROS responded that part of the issue is because things are much more expensive that we originally thought they were. The reason for this price 15/87