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Sherwood council approves supplemental budget to buy Sherwood West park land using Parks SDC funds
Summary
The Sherwood City Council on June 24 approved a supplemental FY2024–25 budget to fund the purchase of identified property in Sherwood West using Parks System Development Charge funds; staff said Parks SDCs are restricted and eligible for the purchase. No public testimony was received.
The Sherwood City Council voted June 24 to adopt Resolution 2025-049, a supplemental fiscal-year 2024–25 budget action to fund purchase of land identified by the city for a future park in Sherwood West using Parks System Development Charge (SDC) funds.
City staff presented the request as a statutory supplemental appropriation to place restricted Parks SDC funds into the acquisition. "Pursuant to Oregon statute, municipalities…
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