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Action Agenda <br />Item No. 1 <br />SUBJECT: Report— Potential Joint Capital Funding for Parks <br />DEPARTMENT: Joint Town /County PUBLIC.HEARING: (Y /N) No <br />ATTACHMENT(S): INFORMATION CONTACT: <br />Report David Stancil, 245 -2590 <br />I <br />PURPOSE: To consider a report on Potential Joint Funding for Parks, as a follow -up to the <br />1999. Joint. Master Recreation and Parks Work. Group report. <br />BACKGROUND: In May of 1999, the Joint Master Recreation and Parks Work Group, <br />comprised of elected and appointed officials of each jurisdiction and both school boards, issued <br />its report. Among the recommendations of the report was a call for the Town and County <br />Managers to prepare a report on opportunities for joint capital funding for parks projects. In <br />resolutions adopted during the spring and summer of 2000, each jurisdiction authorized the <br />creation of this report for the October 30 Assembly of Governments meeting. <br />The attached report explores the identified capital funding needs for parks from each <br />jurisdiction's Capital Improvements /investment Plan, the current sources of funding, use of the <br />County's Lands Legacy program for acquiring parkland, and observations on additional steps <br />that could be taken toward collaboration for parks and recreation. A two -page summary of the <br />report is provided following the cover page. <br />FINANCIAL IMPACT: There is no financial impact associated with receipt of the report. <br />However, funding decisions and potential collaboration for parks. would have a financial impact <br />on each jurisdiction either collectively or individually, depending on the method of coordination <br />pursued (as. identified in the report). <br />RECOMMENDATION(S): The Managers recommend that the elected boards discuss the <br />report and provide direction on follow -up actions that are desired. <br />