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10/03/2016 - City Council Finance CommitteeFINANCE COMMITTEE MEETING MONDAY, OCTOBER 3, 2016 1:00 P.M. CITY HALL SECOND FLOOR CONFERENCE AGENDA I. AGENDA ADOPTION II. FIRE ADMINISTRATION BUILDING III. OTHER BUSINESS IV. ADJOURNMENT Agenda Information Memo Finance Committee Meeting October 3, 2016 II. Fire Administration Building Action to Be Considered: Provide direction to Staff on the next steps to take regarding the possible sale of the Fire Administration Building. Facts: ➢ The Finance Committee has been asked to review information that could assist with setting a value for the possible sale of the Fire Administration Building (FAB). ➢ Staff will provide an overview of the renovation costs anticipated if Parks and Recreation were to move to the FAB, along with estimated deferred maintenance costs on the building. ➢ Staff will have available at the meeting information from the City Attorney's office that could assist with setting a value for the possible sale of the Fire Administration Building. ➢ The Finance Committee will be able to conduct the discussions regarding the possible sale of the Fire Administration Building in a closed door session. Attachments: (0)