CC - Minutes - City Council - 11/22/2011

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Prescott City Council Regular Voting Meeting — November 22, 2011 Page 2 water. He noted that in February 2010, the City, Salt River Project (SRP) and the Town of Prescott Valley signed an agreement, in principle, which ended substantial litigation. He said they now had a designation of Assured Water Supply which included resources from the Big Chino Sub Basin as well as local renewable sources. He said there was a ways to go with respect to developing the Big Chino and making assurances on a scientific basis that it was a prudent thing to do. He noted that the revamping of the Tourism program was paying off. He said the Best Fest was an enjoyable success. He said the City was also enjoying free media coverage in publications outside of the Prescott area. He noted that Council had continued the City's robust street improvement rehabilitation program. He noted that Rosser Street had been reconstructed, Williamson Valley Road was underway for widening, and pavement maintenance had moved into residential areas He said that many local jobs had been provided as a consequence of those projects. The City's aggressive water and wastewater capital improvements program were delivering long needed utilities projects. He noted that many of the wastewater needs had been put off for decades. He said that the Council had signed on to the aggressive program and adopted the multi-year rates needed to support them in 2010. He said that crucial reservoirs were underway for storage of water to improve service to individual customers and a public safety enhancement if fire flows were needed. He noted that the next item was the Trader Joe's Public Private Partnership. He said that it was set to pay dividends in terms of a net sales tax increase. He said the project marked a new entrepreneurial direction for the City. They made it clear that the City was at a key point financially and needed to look at innovative approaches. He said it was a major achievement that would help the City maintain the services which the community was accustomed. He said the last item on his list was that there were great giving citizens and a Council which recognized that. He noted two examples: the Elks Opera House Foundation and the generous benefactors renovated and reopened the theater, in partnership with the City. He said the City had a tremendous asset that they could all be proud of. He noted that through the generosity of the Pulmonary Foundation and Williams Family Trust, the City was the recent recipient of a new building for Fire administration and training at 215 North McCormick. Mayor Kuykendall said they wanted to note that there was a film crew in town the previous weekend that brought $13,764 to town.