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October 15, 2020 <br />Page 4 <br />makes a replacement due in 2033. With a 25% contingency/price increase <br />30 years later, it will likely cost $125K to replace. Another example is the <br />recently installed (early in 2020) playground at Rancho Conejo Playfield at <br />a cost of $215K. The typical life span of a playground is 15 years, so <br />replacement will be due in 2035 at an expected cost of $286K. This plan <br />is a great tool for long term planning and is updated every two years. <br />D. Call for Vote for Members to Serve on California Association for Park <br />and Recreation Indemnity (CAPRI) Board of Directors <br />Friedl reported CAPRI is the joint powers authority where CRPD obtains its <br />liability/property and workers' compensation insurance; Friedl currently <br />serves on the Board. <br />It was moved by Nickles, seconded by Huffer, and carried 5-0 to vote <br />for Matthew Fuzie and Dean Wetter to serve on the CAPRI Board of <br />Directors. <br />10. REPORTS AND ANNOUNCEMENTS <br />A. Investment Report — July 2020 <br />B. Budget Performance Report— September 2020 <br />11. DEPARTMENT REPORTS <br />A. Parks Division Report <br />Mooney reported two community meetings were recently held; both onsite at <br />the Dog Park on October 6th and October 10th. It was an informational meeting <br />where staff sought feedback to assist with the implementation of parking lot <br />improvements, restrooms and a shade structure. Regarding the Conejo <br />Community Center, schematic designs are being worked on with the <br />consultant and a stakeholder meeting was held on October 7th, where positive <br />feedback was received. Public meetings will be held on November 1st and <br />November 4th via zoom only, due to the possibility of a large attendance. Once <br />the schematics are reviewed, Staff plans to present them to the Board on <br />November 19th, as well as the next design phase of work. <br />B. Recreation Division Report <br />