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259 year for continuing project planning because of economic situation in the budget and anticipated increase of tax rate to the community. The $245,215 proposed to be funded for continuing planning this coming year amounting to some .17¢ on tax rate was questioned as to whether could be eliminated altogether and recommended another time and effect on project which must be accomplished at least in long range planning. Need of project noted for effect to revitalize downtown area and total beneficial results and how to reduce funds to a minimum to maintain continuing planning toward a finalization. City Manager stated from discussion it seemed apparent that consultants could reply to whether variation of phasing could be accomplished and advice as to funding necessary to keep project alive, since delays always costly. He expressed hope that all aware of fact this project as contemplated now views the total needs of City in year 2000 and not proposed for a one time project but is visualized as being accomplished by staging. With respect to objection of estimate of 11 million for ultimate completion as to building such a project which has to be continually enlarged, revised, or remodeled with escalation of costs as known now at 1% per month, the longer the delay in proceeding, the more the costs involved. Mr. Betts explained financing as stated in their report to Council. Thereafter, in replying to questions as effect on project financing should funds not be retained as recommended for coming year, Mr. Betts advised no delay if project approved for commencing immediately as could go to bond immediately and get project off the ground. In reply to whether any fees would have to be paid to the architects, Council was advised bond funds would have paid for these fees. Mr. Betts thereafter explained the bond procedure for a non-profit organization and costs estimated at $40,000 per year. Mr. Haines explained how Phase 1 staging could be broken again into two phases to include tower and mall only to a cost estimate of 5 million dollars and their fee schedule for this amount would be estimated at approximately $240,000. Mr. Tatarian stated if phase 1 were taken in two phases, the first part would entail minimum site acquisition and administrative buildings. Questioning of this phase followed as to further details, specifically towards library and expressions of some that favored retaining library building for its historical significance. It was explained a portion of the library would be retained until later phasing, all portions of design for entire complex in line with the Master Plan. Question arose as to whether total Master Plan shouldn't be presented for either approval or disapproval at a regular Council meeting, but felt point reached now should be to consider how much funds should be kept in proposed Budget to keep a Civic Center project active, or to delete item for this coming