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Item 7: Resolution on PROS Project and Priority Plan
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Item 7: Resolution on PROS Project and Priority Plan
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6/9/2010 12:55:41 PM
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5/18/2006 9:42:33 AM
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City Council
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Agenda Item Summary
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5/22/2006
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update have not been included. Park System Development funding is <br /> <br />constrained to those projects that provide park services for new growth. <br />2006 Park Bond - $5 million average per year starting FY-08 and ending FY-12. <br />City Council has requested staff to prepare a bond measure for the November <br />2006 ballot with projects focused on parkland acquisition, the West Eugene <br />Environmental Education Center, and synthetic sports field development in <br /> <br />partnership with local school districts. <br />Future Park Bonds (or other new revenue source) - $5.3 million average per year <br />starting FY13 and continuing through 2026. Providing this level of funding to <br />2026 may require multiple bond measures depending on the amount of bonding <br />per occurrence or other new revenue that may be identified. It is assumed that <br />this bond(s) would be a non-constrained measure providing funding for various <br />park services. <br /> <br /> <br />Project and Priority Plan- May 8, 2006 <br />Council Response Page 5 <br />
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