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4.Community Center <br /> DESCRIPTION <br /> • The original vision for The COR calls for a community center. The scope of what a community <br /> center shall include has been loosely discussed over the past decade. No consensus vision <br /> exists today. <br /> • The City has identified a $4,000,000 contribution to a community center with their 10-year <br /> Capital Improvement Plan (CIP). That plan contemplates a partnership style community <br /> center. <br /> • Below are some example methods to deliver a community center, or a component of <br /> community center services. <br /> o Private Partnership:some people refer to the Champlin Lifetime Fitness as a potential <br /> model to consider(for a partnership). Champlin provided a $1.00 annual ground <br /> lease, and a parking ramp to Lifetime Fitness—in return for a nice facility, and <br /> discounted rates for residents, specifically for seniors. Private clubs do pay property <br /> taxes. This option provides Ramsey with the least level of control over programs, <br /> services, and rates. <br /> o Non-Profit: another example is the YMCA. Typically the YMCA will require a 50-60% <br /> project contribution from the local community. It is estimated, a Ramsey YMCA could <br /> range in costs from $15M-$25M, depending on the scope of series and building design. <br /> The YMCA does not pay property taxes. The YMCA does a good job of partnering with <br /> the local community to define expected programs, services, and rates. <br /> o City Owned: If the city were to construct a community center alone, many speculate a <br /> minimum upfront capital investment ranging from $15M-$25M, and significant annual <br /> operating expenses. This option does not generate property taxes. This option <br /> provides Ramsey with the highest level of control over programs, services, and rates. <br /> Market Panel/Developer/Real Estate Professionals <br /> o The City needs to define their plan for a community center. The market panel strongly <br /> cautions the City against planning for a full-fledged, city-owned, community center. The <br /> capital costs are very high, and even higher are operation costs. <br /> o The market panel suggested the City should consider different options for amenities (i.e. <br /> parks, Lake Ramsey, splash pads, limited facilities, non-profit users, etc.), or a partnership <br /> situation (i.e. with a Lifetime Fitness) rather than a city-owned community center. <br /> Page 7 of 8 <br />