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Recreation & Parks says park bonds largely spent; Lets Play partnership leverages private donations
Summary
Recreation & Parks reported 2008 bond projects are almost complete (99% expended), 2012 neighborhood park projects are progressing with more in construction, and the Let's Play public–private partnership will leverage $50 million in bond funds plus roughly $13 million in philanthropic donations.
Toks (Tuxi) Jike, Director of Capital Planning for the Recreation & Parks Department, told the GO Bond Oversight Committee that work funded by earlier parks bonds is nearing completion and that new phases are underway. Jike said the Clean and Safe Neighborhood Parks 2008 bond has all 12 projects complete and is 99% expended, while the 2012 bond has 8 of 14 neighborhood park projects complete with the remainder either in bid or construction and targeted for…
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