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7. How will the proposed financing plan be processed internally <br /> a. Fleet Board usually reviews rates (but does not approve); they have had a <br /> preliminary discussion about the facility already <br /> b. Execs for approval <br /> c. Others -depends on funding source; for instance, telecom would require a <br /> separate process <br /> 8. What sort of council actions will be needed to go forward with a facility financing plan? <br /> a. Budget Committee opportunities -highlight an issue in spring meetings; highlight <br /> the project in CII'/MYFP discussion <br /> b. Project conceptual buy-off by council <br /> c. Budget authority <br /> d. Financing authority <br /> <br /> 9. What is the approximate timeline? <br /> a. Programming/financing plan/proj ect concept developed (RFP selection in the next <br /> few months) <br /> b. Council OKs concept <br /> c. Council OKs budget and financing authority <br /> d. Debt issuance <br /> e. Construction <br /> f. Occupancy (2009/10) <br /> <br /> 10. Next Steps <br /> a. Create a policy group to meet approximately monthly for status updates; include <br /> the folks at this meeting and maybe some others <br /> b. Assignments <br /> i. Jim will talk with intergovernmental partners to gauge their interest in co- <br /> locating afueling facility <br /> ii. Jeff will talk with Chuck Solin about the possibility of soliciting grant <br /> funds <br /> iii. Glen will take the lead on refining the entry in the CIP/MYFP for the <br /> facility, to include updating the total costs (maybe $12 million), ID some <br /> possible revenues; describe the impact on rates; put in the new <br /> "placeholder" category <br /> c. Next meeting -September 21, 3:30 PM -Library 4th Floor Agate <br /> i. Update on RFP/Consultant Selection Process <br /> ii. Update on discussions with Intergovernmental Partners <br /> iii. FY08 Budget Issues (Budget Committee, CIP/MYFP, FY08 rate increase, <br /> FY08 telecom request) <br /> Page 3 <br /> <br />