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Rec and Parks, Port report completion and construction timing for 2008 and 2012 parks bonds
Summary
Rec and Parks reported approximately $164 million allocated from the 2012 parks bond (≈97% expended/encumbered), delivery of 77 projects and seven active projects; Port reported two waterfront park projects completed and schedules for Mission Bay ferry-related park work and a Pier 27 public art project.
Alex Chang, capital finance manager for Recreation and Parks, told the committee that Recreation and Parks portion of the 2012 Clean and Safe Neighborhood Parks bond is roughly $164,000,000 allocated to date and about 97% (approximately $159,000,000) of that allocation has been expended or encumbered. Chang said RPD has delivered 77 projects under the bond and…
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