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CHAPTER V <br /> A Eugene Parks Foundation has been established a5 anon-profit ~ _ <br /> organization dedicated to improving and enhancing public parks, ~ zx.. ~ <br /> -open spaces and recreational facilities-and services for the benefit ~ ~ ~:~=t <br /> of Eugene area residents. This organization may play a significant <br /> role in the solicitation and acquisition of future donations. ~ ~ <br /> ¦ Local Improvement District; Under Oregon .law, a city may use a <br /> Local Improvement District (LID) to subsidize specific capital <br /> improvement projects. Through the formation of a LID, d city may r <br /> impose special assessments on all properties benefiting from a <br /> local improvement project. LIDS are offen used to subsidize <br /> transportation and infrastructure systems but may also be <br /> extended to parks and recreation areas.. Because the properties <br /> within the district must receive a special benefit from the project, it <br /> is most likely to be useful for neighborhood parks and recreation <br /> areas. <br /> ¦ General Obligation Bond: This voter-approved bond comes with <br /> authority to levy an assessment on real and personal property. <br /> Funding can be used for capital improvements, but not furnishings, <br /> fixtures, equipment, or on-going maintenance. This property tax is <br /> levied for up to 20 years under the City's debt policies. As with <br /> local option levies, passage requires a double majority, unless <br /> during a general election in even-numbered years. This type of <br /> property tax does not affect the overall tax rate limitation as <br /> described previously in Local Option Levy. <br /> In 1998, voters approved a $25.3 million park and open space <br /> bond to fund major park improvements and acquisitions. <br /> <br /> ¦ Public/Government Grant Programs: Granf programs exist for <br /> various capitol and operational related projects, including: <br /> ¦ Community Development Block Grants (CDBG): These grants <br /> from the Federal Department of Housing and Urban Development <br /> are available for a wide variety of projects: GDBG funds have <br /> limitations and are generally required to benefrt low and moderate <br /> income residents. Grants can cover up to 100% of project costs. <br /> ¦ Land and Water Conservation Fund: This is a federal grant <br /> program that receives its money from offshore oiCleases. The <br /> money is distributed through the National-Park Service and is <br /> administered locally by the Oregon Parks arid Recreation <br /> Department. In the past, this was one of the major sources of <br /> grant money for local agencies. In the 1990s; funding at the <br /> federal level was severely cut, but in recent times more money <br /> has become available. For the year 2003, the total amount <br /> available statewide for local agency projects was $825,722. <br /> The funds can be used for acquisition and development of <br /> outdoor facilities and require a 50% match..... <br /> City of Eugene PROS Comprehensive Plan 63 <br /> <br />