Item 9: Resolution Approving PROS Project and Priority Plan

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The Clarify which project list will be adopted in the Project and Priority Plan. ? Project and Priority Plan proposed for adoption by Council is attached as Exhibit A to the proposed resolution. Adoption of this plan includes the text associated with the plan as well as the tables and maps contained within it. There has been confusion about additional lists which have been provided to Council to help clarify questions around growth allocation percentages. These lists are for informational purposes and are not proposed for adoption. The System Development Charge methodology for Parks and Open Space is currently under review and will be brought before Council later this year. 6. Provide additional information on the funding assumptions used to distribute projects over the 20 year planning window of the Project and Priority Plan. The Project and Priority Plan anticipates use of a combination of existing resources and new revenues. All estimates of revenue are in FY-06 dollars and have not been adjusted for anticipated inflation. 1998 Park Bond – $2.3 million in FY-07. This funding is identified to complete the projects remaining from the 1998 Park Bond. After FY-07 this funding source is anticipated to be exhausted. Donations / Grants – $350,000 average per year through FY-11 and then raising to $500,000 per year for the remaining 15 years of the plan. The history of grants and donations as a revenue source varies greatly over the past 5 years from lows of approximately $325,000 to highs of approximately $1.5 million. We anticipate the newly created Park Foundation to further support outreach and generation of additional opportunities for donations and grants. Donation and grant funds are typically constrained to be used only for the purpose identified by the donor or in the grant. Land Partnerships - $650,000 average per year through FY-26 in partner funded land acquisitions. Building on a very successful partnership in West Eugene with the BLM and the Nature Conservancy, it is anticipated that these as well as other partnership opportunities will continue to further open space acquisition efforts. These partnerships are critical in meeting the overall open space vision for the Eugene area with regards to West Eugene, the Ridgeline Trail System, and the Willamette and McKenzie Rivers. Other City Funds - $200,000 average per year through FY- 26. Some projects identified in the project list have multiple benefits and may be able to draw from other City sources such as Stormwater and Transportation designated funds. Project and Priority Plan- May 8, 2006 Council Response Page 4