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2. Kidsports Permanent EasementCity of Kalispell OFFICE OF THE CITY MANAGER 01VTA1VA� .__. TO: Mayor Fisher and Kalispell City Council FROM: Doug Russell, City Manager MEETING DATE: November 26, 2012 SUBJECT: Kidsports Permanent Easement Council recently approved a Memorandum of Understanding with DNRC that provides for the opportunity to acquire a permanent easement on the land that currently houses Kidsports. Discussion at a previous work session included the question of how this will be financed. Original funding for the relocation of the ball fields was provided through the TIF fund as a means to prepare the land for commercial development. It has widely been affirmed that Kidsports has provided a popular recreation amenity for the Kalispell community, and Council has expressed a desire to be part of the conversation related to financing the easement. Options for funding the acquisition of the permanent easement vary greatly, from providing no assistance and having Kidsports generate the entire amount through private fundraising - to appropriating the entire amount from the TIF fund. Other options include loan provisions where funding would be paid back into the TIF fund, loan/grant combinations, issuing general obligation bonds that are authorized through an election, or other possibilities that may be generated through discussion. It is requested that Council discuss this topic and provide respective direction. www.kalispell.com