05-01-91 Personnel & Finance - Laserfiche WebLink

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Personnel and Finance Committee May 1, 1991 Page 3 Mr. Edwins noted that he would update the Council on a regular basis with regard to each major stage of the renovation. The City Controller further noted that the City has not yet acquired the Palais Royale, but that she sees this happening in the "very near future". Mr. Peroti referred to the Feasibility Study prepared by his firm, and noted that retail space in the Palais Royale is important. In response to a question raised by Council Member Luecke, it was noted that the total cost of the architectural fee will be 9.9% of the cost of construction. Mr. Edwins noted that Asbestos Abatement may be necessary when reviewing the renovation. Council Member Luecke questioned staffing and how it would be coordinated. The City Controller noted that Mr. Peroti would be involved in that process. Mr. Peroti noted that the City's role should be carefully weighed with regard to preserving the asset, and that an operating endowment for replacement and maintenance of equipment should be also addressed. In response to a question raised by Council Member Ladewski, the City Controller noted that the City has received $168,715. 00 in Cable TV revenues for 1991 which is one-half of the fees anticipated, that in 1990 $308,000. 00 were received, and that in 1989 $281,000.00 were received. The Council Attorney questioned whether all requirements resulting from the ADA would be developed into the architectural phase design. Mr. Edwins stated that there would be coordination with regard to all disability standards. Council Member Coleman noted that he is a member of the Entertainment District Board (copy attached of all members) and that he would periodically update the Council. Mr. Edwins stated that all members of the Council were welcome to attend such meetings, which are now scheduled for the third Wednesday of each month at 10:00 a.m. Council Member Ladewski requested that all members of the Council receive copies of all such Board meetings. It was further noted that the meetings are held in the auditorium. Following further discussion, Council Member Coleman made a motion seconded by Council Member Zakrzewski that Bill No.