HomeMy Public PortalAboutAB 21-024 Library Expansion Work Session
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 21-024
Meeting Date January 28, 2021
AGENDA ITEM INFORMATION
Originator
SUBJECT:
Department Approvals Initials or
Supporter
Mayor / Council
Library Expansion Project and Parks Relocation
City Manager Originator
Discussion and Direction to Staff
Clerk
Treasurer Supporter
Community Development
Police Department
Public Works
Golf Course
Parks and Recreation
COST IMPACT: Approximately $8 Million
Airport
FUNDING General Fund Capital Improvement Plan,
Library
SOURCE: Tourism Local Option Tax, Grants, Private
Fundraising by McCall Library Foundation,
General Obligation Bond Debt, and other
resources identified by City for borrowing
Information Systems
TIMELINE: 2021
Grant Coordinator
SUMMARY STATEMENT:
The purpose of this work session is to give direction to staff on the following elements of the Library
Expansion Project: revised project budget; whether to prepare Bond Ordinance materials for the May 18,
2021 election; and the preferred financing method and terms for the Parks Relocation project. The deadline
to file a ballot question with the County Clerk for the May election is March 29, 2021. Staff will review
the following information that was developed based on recent Library Board of Trustee’s work, public
feedback and prior Council direction. Corresponding material is attached.
Update on Expansion Project Budget revisions and fundraising by Board of Trustees
Summary of pros/cons for a May 18, 2021 election
Public Outreach Plan for a May 18, 2021 election
Analysis of internal borrowing vs. annual non-appropriation lease financing terms with
recommended repayment sources for Parks Relocation project
RECOMMENDED ACTION:
1. Direct staff to schedule Bond Ordinance adoption process and prepare materials for May 18, 2021
election OR direct staff to continue work with Library Board for a future election date.
2. Direct staff to prepare budget amendments for internal borrowing against General Fund reserve to
finance the Parks Relocation over ________ years with repayment by Tourism Local Option Taxes
and to appropriate funds to the CIP for the project to commence in FY21.
RECORD OF COUNCIL ACTION
MEETING DATE ACTION
Direction to prepare internal borrowing and non-appropriation lease financing terms and repayment
12/3/2020
options for Parks Relocation project.
Joint Special Work Session with Library Board to review focus group feedback. Direction to identify
10/30/2020
$500k cost savings from Expansion Project. Confirmed relocation of Parks facility. Direction to
identify other borrowing options for relocation.