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Implementation Plan Components <br /> 1. Refinement is the public process whereby Metro adopts specific geographical boundaries and <br /> objectives for each target area and trail project. A refinement process is necessary because the amount <br /> of land available in each target area exceeds the dollars available for purchase, or in the case of trails, <br /> the exact trail alignment of the trail is not known. The process also allows for public response in the <br /> prioritization of bond monies. <br /> 2. Acquisition Parameters - are an approved set of criteria or conditions under which the Metro <br /> Executive Officer and his/her designees are authorized to negotiate and complete land acquisition <br /> transactions. These parameters will permit Metro to deal with willing sellers in a timely and business- <br /> like manner and allow the Metro Council to focus on policy level issues. <br /> 3. Due Diligence is the systematic inspection of the legal title and physical condition of real property <br /> before purchase. Due diligence assures a level of protection of public investment in open space <br /> property. <br /> 4. Early Acquisition Opportunities - are situations where the Metro Executive Officer and Metro <br /> Council determine that a specific parcel of land should be purchased or optioned prior to the <br /> completion of the refinement process due to its unique attributes and limited market availability. <br /> 5. Stabilization consists of initial actions taken after the purchase of property required to stabilize and <br /> prevent degradation of the parcel and secure the site to minimize health and safety risks. Stabilization <br /> activities can include fencing, gating, signage, removal of trash, demolition of derelict structures, <br /> control nuisances (e.g. weeds, erosion) that would increase land banking costs, and hazard removal <br /> (e.g. underground storage tanks, asbestos), management needs for land banking. <br /> 6. Land Banking is the set of long term management actions taken to maintain a site in a stable <br /> condition. Land banking activities can include enforcement of park rules; maintenance of fences, <br /> gates and signs; hazard mitigation; natural resource monitoring; nuisance control and contract <br /> administration. <br /> • <br /> 7. Local Share is the portion of the bond proceeds that will be allocated to local park providers for <br /> neighborhood and community park and open space projects as described in the bond measure package. <br /> Projects are implemented through an intergovernmental agreement between Metro and the local park <br /> provider. <br /> 8. Staffing - will consist of qualified professionals hired for a limited time to carry out and complete the <br /> acquisition and project goals of the bond measure package (regional open space, regional trails, local <br /> projects). In addition to normal hiring procedures, Metro will utilize loaned staff from other <br /> organizations and existing Metro staff when feasible and appropriate. <br /> METRO (OPENINFO.DOC 3/21/96) <br /> ; Regional Parks and Greenspaces <br /> 600 NE GRAND AVE. PORTLAND, OR 97232 -2736 (503) 797 -1850 <br />