JMRPWG agenda 052599 - Laserfiche WebLink

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■ ■ II Proposal for Coordinated Land - Banking and Capital Parks Funding May 25 , 1999 A strong theme and recommendation of the Master Recreation and Parks Work Group will be the need for proactive land - banking for future recreation and parks needs . This was also a recommendation of the Manager's Recreation and Parks Report of May, 1997 ( attached ) , which was a follow- up action from the 1996 Assembly of Governments report . Several factors have led the Work Group to propose land - banking as an immediate need . Among them are the prospect of the County and Towns facing a current ( 2000 ) deficit of 645 acres of park land and a long -term deficit of 1 , 265 acres by the year 2025 . Additionally, the price of purchasing land is increasing dramatically with each passing year . With little remaining undeveloped land left in Chapel Dill and Carrboro jurisdictions , the Work Group has noted that most future park land will likely need to be located in rural areas such as the Rural Buffer . As an area that is already jointly- planned by the County and Towns, joint- planning for future park needs is being recommended in the context of coordinated capital improvements funding and land - banking . Coordinated land - banking for long -term park needs could address a number of issues . • Coordinated planning for parkland acquisition , with capital improvement funds for acquisition targeted over time . • Opportunities for joint parks that serve multiple jurisdictions ' needs ( both active and passive recreation ) . • A dedicated land -term source of funding . • A clearer picture of future parks bond needs . • The proposed inter-jurisdictional Parks and Resource Lands Council could serve as a means of bringing together mutual interests and priorities . • Sharing of staff resources with expertise in land resource analysis and acquisition to work with Town/County parks and recreation staffs, through the County's new Land Resource Acquisition Program and Land Resource Conservation Manager position . This position will have both land resource analysis background and land acquisition experience .