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CE,O|CFFS|M2016 <br />ITY OF UGENEREGON ONSERVATION INANCE EASIBILITY TUDY AY <br />10 <br />facilities to maintain their capacity.The current net parks SDC per unit for a single-family home <br />11 <br />is $3,953. <br />Currently, there is approximately $7.8million in collected Parks SDCs dedicated to new capacity <br />that the city cannot responsibly spend because it does not have the resources to maintain any <br />additional parks or facilities. Once the gap in operations and maintenance funding has been closed, <br />the city will be able to spend theParks SDC funds on new parks and facilities in good conscience. <br />Recent Issues <br />In 2006, Eugene voters passed a $27.5 million bond for parks and open space. As of early 2016, <br />about $22 million of the authorized bond funds have been spent on projects authorized under the <br />bond language. Due to a higher incidence of willing sellers, available sites, and lower land costs, <br />more land has been acquired in the ridgeline system on the south side of the city than on the north <br />side of the city. This has resulted in total expenditure of nearly $3 million more in bond funds on <br />the south side of the city than on the north side. Local news reports indicate that there may be some <br />12 <br />citizen concern about where the funds have been spent. <br />Furthermore, the acquisition and development of parks, community centers, and pools has not kept <br />pace with urban growth and development in newer areas of the city, including the north, west and <br />southwest parts of Eugene. While progress has been made to acquire parkland in these areas, much <br />of it remains undeveloped, due to a lack of funding. Both the north and southwest areas lack <br />community centers and pools. The Needs Assessment identified geographical areas which are <br />underserved in terms of access to parks and recreation facilities. Further research is needed to <br />calculate how many residents live in these underserved areas. <br />10 <br />System Development Charge Methodologies, Appendix E Excerpt (Park System Details), https://www.eugene- <br />or.gov/2247/Systems-Development-Charges <br />11 <br />Parks SCD Unit Rates, https://www.eugene-or.gov/DocumentCenter/View/20783 <br />12 <br />http://registerguard.com/rg/opinion/34200649-78/city-has-parkland-promises-to-keep.html.csp# <br />12TTPL::CFD <br />HE RUST FOR UBLIC AND ONSERVATION INANCE EPARTMENT <br /> <br />