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HomeMy WebLinkAbout03/04/1992 B A K E R S F I E L D Lynn Edwards, Chair Conni Brunni Mark Salvaggio Staff: Lee Andersen AGENDA COMMUNITY SERVICES COMMITTEE Wednesday, March 4, 1992 4:00 p.m. City Manager's Conference Room 1. Agreements with Castle & Cooke regarding Silver Creek Park 03-04-92 Reimbursement to Castle & Cooke for Cost of Basic Park Improvements Estimated Cost of Basic Improvements $1,075,219. Estimated Future Fee Collections: Single Family: 1550 Units x $610 $945,500 Multi Family: ~1_7 Units x $440' $359,480 Total $1~304,980 Possible Recommendation Castle & Cooke intends to construct an enhanced facility that will have a total cost estimated to be in excess of $2,500,000. This facility will more than fulfill all of the park requirements for the Silver Creek community. Since this is the case, maybe the simplest solution is to allow all future fees collected in the Silver Creek commUnity go to Castle & Cooke.