Council Report May 5, 2021

Pursuant to the motions unanimously approved by the Council , the Town Owned golf courses received a commitment to fund operations through the .5% sales tax and, in addition, the funding through bonding of capital needs of the courses. The bonds would be in the amount of $20,000,000 and include golf , exterior needs of the Community Center and major improvements at Naranja Park, Steampump Ranch and other high priority Parks and Recreation needs. These will be identified during the current budget process. The Council has come to the decision on how to fund the necessary improvements and a full commitment to do so. The actual motions are shown below.

Motion for Item #1

A motion was made by Mayor Winfield and seconded by Councilmember Bohen to approve Ordinance No. (O)21-05, broadening the use of the revenue resulting from the 0.5% increase to the Transaction Privilege Tax enacted by Ordinance No. (O)14-17 on December 17, 2014.

Motion carried, 6-0.

Motion for Item #2

A motion was made by Mayor Winfield and seconded by Councilmember Jones-Ivey to direct staff to include bond financing for capital projects utilizing the half cent sales tax that exceeds the amount needed to operate the Canada, Conquistador, and Pusch Ridge golf courses, Community Center, and tennis courts per prior Town Council direction in the upcoming budget according to the following criteria:

At least 50% shall be allocated towards Naranja Park.

The remainder shall be allocated towards exterior community center/golf course improvements, Steam Pump Ranch improvements, and allocations toward Amphitheater School District partnership, multi-use paths and/or other high priority needs.

Motion carried, 6-0.