HomeMy WebLinkAbout2012-04-19 DTPC MINa)
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prward the approved minutes
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discussion
Aimee called the meeting to order at 8:33 a.m.
A motion was made and seconded to approve the February 16, 2012 minutes as
presented. The motion passed in a unanimous voice vote.
A motion was made and seconded to approve the agenda as presented. The motion
passed in a unanimous voice vote.
1. Determine annual operation costs.
2. Determine whether sufficient revenue is generated annually to fully fund
operation costs.
3. Determine capital costs.
4. Determine whether sufficient revenue is generated annually for cash reserves to
fully fund capital costs.
5. Recommend a rate structure to the city council that generates sufficient revenue
to fully fund operational and capital costs.
Bill then presented detailed background information for the Commission on the
parking ramps and the parking lots capital costs.
In summary, ramp revenue last year was $7,695 (12.7 %) less than needed to cover
operating and capital expenses. And parking lot revenue was $8,069 (4 %) less than
needed to cover its operating and capital expenses. Revenues for the entire parking
system were 8% less than operating and capital expenses.
Bill presented the request from the Minnesota Fire Engine Club, which is sponsoring
the 2012 Stillwater Fire Muster. The event will be held on Sunday, June 24, 12:00 -
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