Item B: Capital Project Funding for Washington-Jefferson Skatepark

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project. 2.The council can direct staff to bring back information on alternative funding options for discussion and consideration. The following categories of information may be helpful to support a council discussion on this topic:  Description of process needed to utilize each funding source  Timing implications for utilizing each funding source  Funding implications for other projects resulting from utilizing each funding source  Other impacts and considerations resulting from utilizing each funding source  Strategy for operating the facility following construction  Strategy for funding maintenance of the facility following construction 3.Other, as directed by council. CITY MANAGER’S RECOMMENDATION The City Manager recommends Option 2. SUGGESTED MOTION Move to direct staff to bring information on alternative funding options back to the council for discussion and consideration, including:  Description of the process needed to utilize each funding source addressed  Timing implications for utilizing each funding source  Funding implications for other projects resulting from utilizing each funding source  Other impacts and considerations resulting from utilizing each funding source  Strategy for operating the facility following construction  Strategy for funding maintenance of the facility following construction ATTACHMENTS A. Memo from City Attorney, dated May 14, 2012 B. Council Resolution No. 4869 (May 22, 2006) C. Ballot Measure 20-111 (approved by voters November 7, 2006) D. PROS Comprehensive Plan, Chapter V, Funding Options FOR MORE INFORMATION Staff Contact: Neil Bjӧrklund, Parks and Open Space Planning Manager Telephone: 541-682-4909 Staff E-Mail: neil.h.bjorklund@ci.eugene.or.us S:\CMO\2012 Council Agendas\M120523\S120523B.doc