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Funding Outlook <br />Historically, bond measures have been used to provide the funding necessary to accomplish <br />major park development and renovation projects, as well as park and open space acquisition. A <br />$27.5 million Parks & Open Space bond measure is on the November 2006 ballot and would <br />primarily fund property acquisition, and new development. Several projects in this CIP are <br />shown as "funding identified" using sources from this bond. If the bond does not pass, alternate <br />project and funding scenarios are identified in the project description field. A $25.3 million <br />Parks & Open Space bond measure which was passed by Eugene voters in 1998 funded <br />renovation, acquisition, and development projects from FY00 through FY07. <br />Parks 8~ Open Spaces Funding Sources <br />Six Year CIP Totals $51,299,000 for Funded Projects <br />Wastewater <br />Stormwater $210,000 <br />$390,000 <br />SDC Parks <br />$18,358,000 <br />Parks Maintenance <br />$240,000 ~ :~: <br />,.' <br />Bond $26,400,000 <br />Hayes $90,000 I Donations <br />General Fund $3,418,000 <br />$2,193,000 <br />Park System Development Charges (SDCs) are the primary consistent source for funding <br />acquisition and development of new parks. SDCs cannot be used for preservation and <br />maintenance of existing facilities. SDCs are paid for by new development, and are therefore <br />meant to fund capacity enhancement projects. The Public Works. Rates Advisory Committee has <br />just concluded its review of the Parks SDC methodology. The City Council is expected to <br />consider a revised methodology in late 2006 or early 2007. <br />Other funds, such as Stormwater and Wastewater, are used on a limited basis when appropriate <br />to accomplish projects that have goals compatible with these dedicated funds. Whenever <br />possible, outside funding sources, such as grants, have been sought to augment existing City <br />funds. Past examples include funds from State Parks for access improvements and trail <br />construction, Department of Fish and Wildlife funds for work at East Alton Baker Park, a Nike <br />Corporation grant for Trainsong Park volunteer projects, and Army Corps of Engineers funding <br />for Delta Ponds. Donations and volunteer efforts have funded significant improvements at <br />RiverPlay playground in Skinner Butte Park, Owen Rose Garden, Hendricks Park, and in the <br />Hayes Memorial Tree Garden at Alton Baker Park. Donations have also helped to fund open <br />space acquisition and have come in the form of either cash or land donations. <br />City of Eugene 2008 - 2013 Capital Improvement Program <br />99 <br />