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February 3, 1982 Park Board Minutes <br />Page 3 <br />Jacobs said if Metro Council has to put the .money in, let <br />them borrow it to the city. Perhaps it has not been discussed <br />becauser~o one has asked for it. <br />Gunderman asked the Park Board what their reactions were. <br />Dahl said the decision would have to be made on ownership. <br />What are advantages of City/Regional Park a <br />Johnson said he thought it, was a positive factor to have <br />total control. - <br />Dahl stated she would like a better feel for the leasing option. <br />Can we get .the money that way? <br />Grimshaw stated he .was under the impression all along that we <br />couldn't lease. <br />Johnson said it looks better to take one million and develop <br />or invest. <br />Van Hatten said the whole document is based on $650,00.0. The <br />figures are too arbi racy. <br />Dahl said there are various options in this document. <br />Carlson wondered if we weren't putting ourselves out of our <br />element.. Wouldn't we be better off submitting it to Finance <br />Dept. <br />Solberg said she doesn't feel there is muc <br />prop©sal. <br />Motion by Carlson, seconded by Van Hatten, <br />report on to the City Manager for analysis <br />credibility before further_corisderaton:.- <br />delay on the mastex plan. <br />Discussion <br />h credibility in the <br />to refer Bill Jacobs` <br />to determine its <br />.There will be no <br />Anderson said the city does have adequate financial counsel. <br />It won't take a:'long time to get an analysis. <br />Johnson asked what. kind of informa.~ion we want back? <br />To sell, or lease? <br />Dahl said maybe lease is not an alternative. <br />Carlson said suing the alternative difference should we continue <br />as we have or stop everything and change. <br />Johnson asked how this would change the master plan? It is just <br />a financial arrangement.. Whatever is the best .arrangement is <br />the way we will go. Seems we should be more specific. <br />Dahl commented that perhaps there would be no change to the <br />master plan. <br />Motion passed. <br />