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HRA BUSINESS <br />5.1 Discuss Renaming `Rhinestone Commons' to be entitled The Draw <br />Parks Supervisor Riverblood stated that mid -summer 2010, City Council adopted a resolution <br />naming the park space on either side of the Rhinestone Bridge, The Draw. One of the parks <br />adjacent to The Draw will have a parking lot that will serve the amphitheater and having one <br />name for the adjoining parks within The COR eliminates confusion and simplifies signage. <br />Therefore, the purpose for this case is to recommend a similar resolution to rename `Rhinestone <br />Commons' The Draw. This will add efficiency and simplicity to the sign construction and siting <br />process, and save costs — while eliminating public confusion. <br />Consensus of the HRA was to recommend the Council adopt a resolution renaming Rhinestone <br />Commons to The Draw. Staff will place the resolution on a subsequent Council consent agenda. <br />HRA Executive Director Nelson reported that there are still housekeeping items to take care of. <br />The HRA still holds this land. We constructed improvements and now the HRA would dedicate <br />that to the City. That action will be coming. Signage The Draw, The Draw ball fields, etc. needs <br />to be addressed and will be coming forward as well. <br />Chairperson Ramsey asked about mowing that area and suggested that be put in the RFP as well. <br />Mr. Riverblood responded he would do that. <br />Commissioner McGlone asked if it makes sense to maintain ownership by the HRA; is there any <br />validity in keeping it that way for leverage. If they are private someday, they would do the <br />maintenance. <br />Development Manager Lazan stated that it really becomes a negative asset. <br />Commissioner Tossey stated that if it is not maintained by the City, he sees that park as more a <br />detriment and liability. <br />Commissioner Elvig stated he sees it as a taxing issue and an insurance liability. The City needs <br />to carry that — the HRA would not want to take that on. <br />City Administrator Ulrich asked do we want to keep this for public purpose. If they can use it to <br />generate revenue there may be some value but we would potentially lose public purpose and loss <br />of control as well as use of that. <br />Chairperson Ramsey stated it should be kept. <br />Mr. Lazan suggested to reserve that thought for the municipal plaza. <br />Director of Public Works Olson asked who would own it after that if it was a private park and <br />commented that he thought we were trying to get out of the development game. <br />HRA Work Session — June 7, 2011 <br />Page 2 of 7 <br />