The Parks & Recreation Advisory Board voted to approve the appropriation of $1,100,000 in interest earned from general obligation bond series 2020A and 2022A to advance seven parks projects originally slated for third‑tranche bond funding. Board members described the vote as a clerical correction to clarify the funding sources cited in earlier minutes and presentations.

Mark, a project manager who presented the item, told the board the appropriation “is just a correction of that those 2 funds to be a part of that money source.” Carl, the parks and recreation director, said the projects themselves are unchanged and that the correction is limited to which bond‑series interest will be used. He added, “nothing about the projects that you all voted on and approved last time has been changed or modified. Just correcting the funding source.”

The motion approved the appropriation to advance the following projects identified in the third tranche of the parks bond program: TriNet Park, Smoker (or Smoke) Park, Cliff Lakes Park, Pointe Panah Park, Leidder (or Leidder/Letter) Park, Betts Park, and Marshalls Point Park (names as recorded in the meeting materials). The motion text recorded in the meeting specified $1,100,000 of interest earned from general obligation bond series 2020A and 2022A would fund these seven park projects.

One board member abstained from the vote, citing a potential conflict: the member said they were related to developers of a project adjacent to Smoker Park and that improvements to that park could be viewed as affecting that adjacent project. The abstention was recorded and a form was to be completed to document the conflict of interest.

Board members and staff emphasized that the appropriation is an administrative clarification and does not reallocate funds from other projects. Staff said that the interest earnings exist in both bond series and that combining the two series’ interest to fund the same previously approved projects is a technical correction to reflect the actual money source. The board approved the motion by roll call; the motion will be forwarded to the city commission as the next step for any necessary administrative appropriation.