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City Council Office
 Policy Order Resolution
  O-17
  IN CITY COUNCIL
  July 29, 2013
MAYOR DAVIS

ORDERED:

That the City Manager be and hereby is requested to develop cost benefit analyses for at least five scenarios related to the Foundry Building. All options would retain at least 10,000 square feet for community use. Analyses should include funds that would need to be expended to refurbish the building and any ongoing maintenance and management expenses. Also to be noted any potential income from sale or lease. 

    
 

Options:

1. Retain the building and if necessary rehab it for lease as a commercial building.

    
 

2. Retain the building using the entire building as community space/non-profit rental. In this option describe possible funding mechanisms.

    
 

3. Sell the building with an agreement for community space.

    
 

4. Improve the building for use as a childcare facility. 

    
 

5. To be determined; and be it further

    
ORDERED: That the City Manager report back on this matter to the entire City Council.

COUNCILLOR KELLEY RECORDED IN THE NEGATIVE
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