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<br />Ms. McGovern said it was important for the improvements at Lions Wayside Park to be <br />done at the same time as the Firehouse Arts Theater. She asked if the estimated $1.48 million <br />dollars was currently available for the initial improvements. <br /> <br />Mr. Fialho said the estimated $10 to $11 million dollars to construct the entire Firehouse <br />Arts Theater did not include the improvements to Lions Wayside Park and funds are not <br />currently allocated for the improvements to Lions Wayside Park. Staff has not figured out a way <br />to finance the improvements to Lions Wayside Park and the goal is to partner with the <br />Pleasanton Cultural Arts Foundation and allow them to raise sufficient capital to match City <br />funds to build the complete project as opposed to phases. In the event the Foundation is not <br />able to match the funds, he believed he had a plan that he could present to Council that would <br />allow the project to proceed either phased or completely. If Council chose to proceed with the <br />improvements to Lions Wayside Park, staff would make this allocation as part of the Capital <br />Improvement Program (CIP) update that it would be discussing in the spring. While staff has <br />made plans to apply the $5 million dollars that Council allocated from the CIP to the General <br />Fund to other projects, the decision would have to be made to pull back on some of these <br />projects and apply some of the funding to Lions Wayside Park. <br /> <br />Ms. McGovern asked if additional funding was available in the Parks and Community <br />Services budget where projects have been completed and money is waiting to be reallocated? <br /> <br />Mr. Fialho said this would be part of the analysis that staff would complete. <br /> <br />Ms. McGovern inquired as to whether staff had investigated if the City would be eligible <br />to apply for grants for this project? <br /> <br />Mr. Wolfe said staff is continually looking at opportunities for grant writing. He believed <br />there was a proposal making its way through the State legislature to add another Park Bond <br />Act. <br /> <br />Ms. McGovern wanted to ensure the Cultural Arts Foundation that the City would be <br />looking to help augment funding any way it possibly could. She mentioned the possibility of <br />recycling monies and different types of strategies used for the Golf Course. <br /> <br />Mr. Wolfe said this could potentially be another source of funding that could be <br />considered. <br /> <br />Mayor Hosterman recalled that staff mentioned the estimated cost of approximately <br />$1.48 million dollars would include improvement such as grading, undergrounding the existing <br />drainage channel, irrigation, and turf seeding and not costs related to the actual acquisition of <br />the Alameda County Transportation Corridor and parking. She asked what the costs would be <br />related to the parking and the acquisition of the Alameda County Transportation Corridor? <br /> <br />Mr. Fialho said staff took the approach of identifying basic improvements. If Council <br />wished staff to pursue the costs of parking and the acquisition of the Corridor, staff would need <br />to return to Council with a revised estimate. <br /> <br />Mr. Sullivan asked if it was reasonable to believe that the City could come up with $7.5 <br />million dollars between now and November? <br /> <br />Pleasanton City Council <br />Minutes <br /> <br />19 <br /> <br />01/17/06 <br />