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EDC Minutes February 19,2019 Page 2 of 3 ----------------------------- Chair Lindholm stated the discussion regarding making the southem end of Heart of the Good Life Development be recreational field area has been going on for 2-3 years. Chair Lindholm stated the EDC was asked to do an analysis to research the cost of construction, operational costs and tax impact to the Pequot Lakes School District vs. City of Pequot Lakes taking on this project. Discussion ensued regarding the impact of this project will have on the Pequot Lakes area as well as financing and different options to get the project completed. Commissioner Lelwica did some research and she inquired about the option of the city owning but renting the properly to the school. Commissioner Lelwica has asked different contractors and/or business owners to donate or assist with the work. She suggested the project be completed with community volun#eers, grant moneys, and possibly work with Sourcewell. Chair Lindholm explained the difference beiween levy and bonding for the school district vs city funding. He stated that the School district financing would be separate for the construction/building vs operating costs. Building costs would come from a bond referendum, operating cost would come fror� a levy. Commissioner Lubke gave a general breakdown what it cost for one baseball field within the City of Jenkins. Also, breakdown of the park cost with community assistance with initial construction. Maintenance cost is where most of the cost is. Hard cost of getting field started is very hard. COMMISSIONER LELWICA MOVED TO RECOMMEND THE SCHOOL WORK WITH THE CITY TO DO A SURVEY TO BE SENT TO THE ENTIRE SCHOOL DISTRICT REGARDING COMMUNITY OPINION FOR THIS PROJECT. HOLLEY SECONDED. MOTION CARRIED 7-0. 7. School Update Chair Lindholm stated there is no update for the school. 8. Chamber Update Ms. Wasserman said the visitor guides are complete and have been delivered. Two Blue Ox Success Series are coming soon first on March 7�' at Pequot Tool is Producing Conflict and then on March 14�' at Breezy Point Resort which is the Five Keys of Professional Success.