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Chair Bennett acknowledged that this is something the parks system currently does not have and <br />the ability to generate revenue would be an added benefit. <br />Commissioner Walker acknowledged that park of this nature would add value to the community. <br />He clarified that it is his opinion that if something cannot be sold, it cannot be shown as having <br />cash value and therefore would like to see real numbers. He commented that if people rent the <br />event center electively it would add value and could increase customer base to related businesses <br />in the community. <br />Parks & Assistant Public Works Superintendent Riverblood commented that he did hesitate to add <br />that cash value to the sheet and noted that perhaps he will delete that from future planning <br />documents. He also appreciated the comments from Councilmember Heineman. He stated that <br />the existing Ramsey businesses could benefit from the additional people coming into the <br />community and noted that there would also be benefit to ancillary uses for an event center that <br />could come into the community as well. <br />Commissioner Leistico commented that the concept looks promising with a lot of great potential. <br />She stated that she appreciated the comparison information and locations. She noted that she is <br />leery of the cost of the renovation as the trend for farmhouse weddings could change. She asked <br />if there is a plan B. <br />Parks & Assistant Public Works Superintendent Riverblood replied that this is a unique concept <br />and unique for the area, which also pays homage to the rural sentiment of Ramsey. He believed <br />that the venue would be popular for many types of events, not just weddings. He stated that <br />meeting space of that size would be in demand. He stated that the building at Elmcrest would cost <br />well over $1,000,000 to build today, therefore if the barns could be renovated for public use it <br />would provide significant value. He stated that if the buildings are not being used there would not <br />be much of a carrying cost or operational costs to the City as it is not intended to be heated or <br />cooled. <br />Commissioner Walker stated that he has owned and managed golf courses throughout the country. <br />He stated that at the end of 2031, he would prefer to see the negative number and the worst -case <br />scenario rather than the projections shown. He stated that he did find the information from the <br />other venues very helpful. He noted that perhaps the rental cost is reduced for the first year in <br />order to potentially pull customers from other venues to consider this location. <br />Councilmember Heineman also suggested showing the worst -case scenario. He stated that almost <br />all the other venues listed showed rates for Friday, Saturday, and Sunday. He noted that the <br />projections only showed one event per weekend and the City could be in the position to hold <br />multiple events in a week. He suggested also showing that scenario. <br />Commissioner Loss asked if there is an estimate of the number of parking stalls that would be at <br />the park to support large events. <br />Parks & Assistant Public Works Superintendent Riverblood replied that the parking area shown <br />near the event space would not be sufficient for very large events. He noted that the parking for <br />Park and Recreation Commission/January 13, 2022 <br />Page 4 of 7 <br />