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<br />Example #3: In the long run, 40 acres of site are $6,400,000 <br />developed as a Community Park with high <br />intensity sports facilities, playground, etc., and <br />the remainder is rehabilitated as natural area <br />with 5 miles of trails, a 3-acre mountain bike <br />skills facility, and an 18-acre disc golf course <br /> <br />Trade-Offs <br />Assuming that the most viable funding source is reallocating funds from the 2006 PROS Bond, the <br />primary trade-off in considering this proposed acquisition would be that it would reduce funding for <br />other capital projects previously identified in the bond package. Given the level of difficulty staff has <br />encountered in attempting to find suitable land with willing sellers within each of the 13 areas targeted <br />for new neighborhood parks, it is possible that staff will ultimately be unable to expend all of the funds <br />identified for those neighborhood parks. <br /> <br />Another consideration is the comparison of the ongoing annual operations and maintenance costs of the <br />proposed new neighborhood parks compared to the operations and maintenance costs of the proposed <br />new Suzanne R. Arlie Park. This comparison cannot be made until it is clear what type of park would <br />be created, what types of facilities would be developed, and how many neighborhood parks of what size <br />would not be constructed. <br /> <br />Park Naming <br />On September 27, 2010, a new naming policy was adopted by the council for facilities owned by the <br />City, including parks. Under this new policy, authority for legal naming of entire City-owned parks rests <br />with the City Council: <br /> <br />“The establishment of formal legal names of permanent real property owned by the City of <br />Eugene, including parks, requires legislative action and cannot be accomplished through <br />administrative action. Only the Eugene City Council retains the authority to carry out legislative <br />action to establish legal names. Features or distinct areas within parks, however, such as picnic <br />structures or gardens, can be named through administrative action.” <br /> <br />Arlie and Company has indicated that naming the park after Suzanne R. Arlie is a requirement of the <br />transaction. In Section 5, Appendix A, the council’s new naming policy states that if the appraised value <br />of the total area is $500,000 or greater and the donated portion is at least 51% of the total area, the park <br />can be named after the donor or their designee. The area that Arlie has proposed to be named after <br />Suzanne Arlie includes the 200 acres acquired in 2008, plus the approximately 315 acres in the present <br />proposal. <br /> <br />Acquisition Appraised Donation Amount Acres Acquired Equivalent Percent <br />Value Donated Area <br />2 <br />Acres Donated <br />2008 $3,000,000 $0 200 0 0% <br />acquisition <br />2010 $3,434,000 1 $1,489,800 315 209 65% <br />proposed (discount) <br />acquisition $ 600,000 (cash <br />donation) <br />Total $6,434,000 $2,089,800 515 209 41% <br />Z:\CMO\2010 Council Agendas\M101108\S101108C.doc <br /> <br />