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AGENDA ITEM #9.6.A <br /> Cil�►Of <br /> Pequat <br /> Lakes— - <br /> REPORT TO CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: June 4, 2019 <br /> Subiect: Trailside Park Project— Design & Financial Update <br /> Report: Dan Ronning, Jason Gorr, Tim Houle, and I have met on two <br /> occasions to discuss the flag display project in Trailside Park and we will provide <br /> the Council with a verbal update. <br /> Also, there is currently an outstanding expenditures balance in the amount of <br /> $153,662.23 that remains in the Capital Improvement Fund relating to the Trailside <br /> Park Master Plan Project for 2017-2019. The attached spreadsheet shows the <br /> majority of these expenditures relate to the landscape architect and engineering <br /> services which were utilized for this Project. Previous discussions at the City <br /> Council level had alluded to the issuance of a debt service bond for this Project <br /> which would have encapsulated the above expenditures; however, I am uncertain <br /> as to the current Council's intent to reimburse this Fund since the original Trailside <br /> Park Master Plan Project has been modified. <br /> Council Action Requested: Council discussion and possible direction on the <br /> Trailside Park flag display design and financial analysis. <br />