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<br />City Administrator Hagen said this has not been determined yet. He shared the two logical funding <br />sources are the park trust funds, which are restricted on how they can be used, or EDA funding. <br /> <br />Councilmember Woestehoff asked if Councilmember Howell’s suggested use for the building was <br />to fix it up but not find a tenant right away. <br /> <br />Councilmember Howell said she is open to whatever use would get this building fixed and utilized. <br />She asked if they used park funds for this project to get the building into use if they would be able <br />to replace these funds with EDA funds at some point. <br /> <br />City Attorney Knaak said he would have to look into it to see if this would be allowed. He noted <br />that private fundraising could be done to fund this project. <br /> <br />Councilmember Olson shared his support for saving this building as he would hate to see the <br />historic site go to waste and be torn down. He added that this year being the City’s 50th anniversary <br />is as good a time as any to do fundraising and restore the building. <br /> <br />Councilmember Specht asked if the Ramsey Foundation would have any interest in assisting with <br />this project. He suggested they could look for other private organizations that could partner in this <br />project. <br /> <br />Acting Mayor Riley said they ask the Ramsey Foundation for a lot so he is not sure if they would <br />be interested but it could be worth pursuing. He added that the City has spent money on this <br />building to ensure it is not getting worse and can still be preserved. <br /> <br />Councilmember Musgrove shared her support for trying to renovate the building to try to make it <br />usable again. She added that this building is historic and adds to the character of the area. She <br />noted that the previous administrator was passionate about restoring this historical site. She asked <br />if there were any funding dollars currently available for this. <br /> <br />Economic Development Manager Sullivan said no and explained that there was funding available <br />a while ago; however, the funds ended up being used for a number of different uses. He shared <br />that the door for the building needs to be updated. He asked if the Council would like him to go <br />out and get some quotes for the door at this time. <br /> <br />Councilmember Howell noted that this restoration will cost around 1% of the cost for the previous <br />discussed project of The Waterfront property. <br /> <br />Councilmember Specht said it would be nice if the new door maintained the character of the rest <br />of the building. <br /> <br />Councilmember Woestehoff shared that Youth First is looking for a new home so they may be an <br />interested tenant for this building. <br /> <br />City Council Work Session / April 9, 2024 <br />Page 7 of 8 <br /> <br />