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2004 Parks and Open Space Comprehensive Plan
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2004 Parks and Open Space Comprehensive Plan
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11/30/2004
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CHAPTER V <br />Table 3: Financing Options Evaluation (continued) <br /> ~. ..- <br />Land Trusts Limited to property protection or acquisition in <br /> specific circumstances, usually for environmental <br /> reasons. <br /> ^ Some trusts own property, others only hold it short- <br /> term. <br /> ^ The City may have to eventually purchase the <br /> property from the trust. <br />Donations ^ Wide flexibility. <br /> ^ Usually must be solicited. <br />Lifetime Estates Can make sales agreement more attractive to the <br /> property owner. <br /> ^ Limited application. <br />Exchange of Limited application, since City must have property <br />Property to exchange. <br /> ^ Only for properly acquisition. <br />Public/Private Can be used to build, fund, or operate a facility. <br />Partnerships May permit City to obtain a facility that would <br /> otherwise not be possible. <br /> ^ City may have to trade off some control of the <br /> project or facility. <br />Habitat Can be used to help restore and enhance wildlife <br />Conservation habitat. <br />Bonds Limited application.' <br />Program Unlimited use, although funds are typically <br />Fees/Facility reinvested into the program/facility to cover <br />Charges program costs or facility maintenance. <br /> ^ Some programs or facilities can be designed to <br /> recover costs, or even to generate a profit. <br /> However, these programs are limited. The market <br /> should be considered in setting fees, as well as <br /> program affordability and accessibility. <br /> ^ Few programs and fee-based facilities (e.g., <br /> aquatic centers) generate significant amounts of <br /> revenue, and affordability affects the ability to <br /> increase fees. <br />92 City of Eugene PROS .Comprehensive Plan <br />Draft ~ <br />
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