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HomeMy WebLinkAbout6.1 Regional Open Space, Wildlife, Shoreline & Parks BondCITY OF DUBLIN PARK AND RECREATION COMMISSION AGENDA STATEMENT MEETING DATE: March 14, 1989 SUBJECT Regional Open Space, Wildlife, Shoreline and Parks Bond EXHIBITS ATTACHED None RECOMMENDATION 1. Approve Application for the EBRPD Regional Open Space, Wildlife, Shoreline and Parks Bond, Phase I for Shannon Park Renovation 2. Direct Staff to Submit the Commissions Recommendation to the City Council FINANCIAL STATEMENT Phase I Allocation - $473,487 Phase II Allocation - $157,829 TOTAL ALLOCATION - $631,316 DESCRIPTION On November 8, 1989 the voters of Alameda and Contra Costa Counties approved the passage of Measure AA, the Regional Open Space, Wildlife, Shoreline and Parks Bond Act of 1988 sponsored by the East Bay Regional Park District. The $225 million bond issue provides funding for acquisition and development of regional and local parks and open space as follows: 75% - East Bay Regional Park District (75%-land purchase, 25%-land development) 25% - Local Park and Recreation Agencies on a per capita basis Dublin's allocation under this grant program is $631,316. The funds will be available in two phases as shown below: Phase I (1989-1992) - $473,487 Phase II (1 992-1 995 ) - $1 57, 829 Applications for Phase I projects are due no later than May 1, 1989 and will be evaluated utilizing the following criteria: 1. Urgency of project 2. Degree to which preparations are in order 3. The percentage of private business use involved in the operation of the project as defined by Federal tax law 4. Likelihood of completion in three years Based on the aforementioned criteria, staff recommends that these funds be utilized for the renovation of Shannon Park. Design of the project is currently underway and construction is tentatively scheduled to start in early Fall. This coincides with the timeline for distribution of Phase I monies as prepared by East Bay Regional Park District. By applying these funds towards the Shannon Park renovation project, this will free up general fund monies that could be used for other capital improvement projects. The funding plan for the renovation of Shannon Park is as follows: Present Proposed 1988 Bond Act $ 66,000 $ 66,000 SAFCO Grant 50,000 50,000 General Fund 781,925 308,438 Park In -Lieu Fees 36,400 36,400 EBRPD Grant -0- 473,487 TOTAL $934,325 $934,325 ----------------------------------------------------------------- ITEM NO. 1p. / Copies to: AGENDA STATEMENT - Regional Open Space March 14, 1989 Page Two Therefore it is recommended that the Commission take the following action: 1. Approve application for the EBRPD Regional Open Space, Wildlife, Shoreline and Parks Bond, Phase I for Shannon Park Renovation 2. Direct staff to submit the Commissions recommendation to the City Council