Subject:
Title
7:00 p.m. - 8:00 p.m. Capital Campaign Framework: Fundraising for an Aquatic & Fitness Center
Body
BACKGROUND SUMMARY:
Following extensive public engagement and feedback collected as part of the Annex Property Feasibility Study, the Town Council has expressed strong interest in pursuing the development of a recreational Aquatic and Fitness Center to serve Town residents. The capital project is intended to meet identified community needs for expanded recreational and fitness facilities and year-round aquatic programming.
To help fund the capital costs of the project, the Council is considering a proposal to increase the meals tax by 1% for ten years. In response to this discussion, the Council has also expressed interest in exploring a capital campaign that could offset a portion of the project's cost and potentially reduce the duration of the meals tax increase. Staff were directed to develop and present a Capital Campaign Framework.
OVERVIEW:
The purpose of the upcoming Council work session is to present a draft framework for conducting a capital campaign to support the development of an Aquatic & Fitness Center. This framework is intended to outline the essential components required to carry out a successful campaign, including:
* Suggested campaign structure and leadership model
* Recommended prerequisites before launching a campaign
* Resource considerations, including staff time, expertise, and financial needs
Staff seeks Council's feedback on the proposed framework and direction on whether to continue refining the approach in preparation for a future launch, pending Council's decision on the proposed meals tax increase.
Attachment #
1. 06.09.2025 Capital Campaign Council Presentation
NEXT STEPS:
To support preparation efforts, the Council is asked to:
* Provide feedback on the draft campaign framework.
* Determine whether staff should continue developing readiness efforts, supporting policies, laying groundwork for a non-profit ...
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