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Sunbury staff: JR Smith Park design 30% complete; city planning $2–2.5 million borrowing
Summary
City staff reported the JR Smith Park design is about 30% complete, with a goal of 90% by fall and a financing plan that pairs $1 million in existing city/ARPA funds with anticipated borrowing of $2–$2.5 million repaid over about 20 years.
Sunbury City parks staff told the Parks and Recreation Committee on June 4 that the JR Smith Park conceptual design is about 30% complete and that the city expects to seek financing to finish construction.
The update matters because the committee was told the city has $1 million available from city funds and ARPA and expects to borrow between $2 million and $2.5 million to cover remaining costs. A city staff member said, “we anticipate borrowing somewhere between 2 and 2 and a half million dollars to finish the balance of…
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