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Council begins discussion of a 20-year parks bond renewal that could fund about $23M of parks projects
Summary
Parks Director Jeff Watling proposed a levy-rate bond renewal that would generate roughly $17.3 million plus about $6 million in impact fees and conservative grant estimates to create a ~$23M package of small-to-medium park projects; councilors debated package scope, grant leverage and whether to pursue a larger visionary project such as Confluence Park phase or pool expansion.
Jeff Watling, the city’s parks and community services director, opened an initial council discussion about a possible parks bond renewal to appear on the November ballot. Watling said the proposal is a levy-rate renewal (not a tax increase) of the expiring 8 cents per $10,000 rate and that, if renewed on a similar 20-year term, it would generate roughly $17.3 million in bond revenue. "This would not represent a tax increase, but would rather represent an extension of the current levy rate," Watling told the council.
Administration presented a package-building approach that would combine those bond proceeds with about $3 million in park impact fees and a conservative estimate of roughly $3 million in grant or other revenue to assemble a $23 million program of…
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