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11 1 i ASSEMBLY OF GOVERNMENTS AGENDA ITEM ABSTRACT Meeting Date : October 30 , 2000 Action Agenda j Item No . 1 SUBJECT : Report -- Potential Joint Capital Funding for Parks I DEPARTMENT : Joint Town /County PUBLIC HEARING : (Y/N ) lNo ATTACHMENT ( S ) : INFORMATION CONTACT : Report David Stancil , 245 -2590 PURPOSE : To consider a report on Potential Joint Funding for Parks , as a follow- up to the 1999 Joint Master Recreation and Parks Work Group report . BACKGROUND : In May of 1999 , the Joint Master Recreation and Parks Work Group , comprised of elected and appointed officials of each jurisdiction and both school boards , issued its report . Among the recommendations of the report was a call for the Town and County Managers to prepare a report on opportunities for joint capital funding for parks projects . In resolutions adopted during the spring and summer of 2000 , each jurisdiction authorized the creation of this report for the October 30 Assembly of Governments meeting . The attached report explores the identified capital funding needs for parks from each jurisdiction ' s Capital Improvements/ Investment Plan , the current sources of funding , use of the County' s Lands Legacy program for acquiring parkland , and observations on additional steps that could be taken toward collaboration for parks and recreation . A two- page summary of the report is provided following the cover page . FINANCIAL IMPACT : There is no financial impact associated with receipt of the report . However, funding decisions and potential collaboration for parks would have a financial impact on each jurisdiction either collectively or individually , depending on the method of coordination pursued (as identified in the report) . RECOMMENDATION (S ) : The Managers recommend that the elected boards discuss the . report and provide direction on follow- up actions that are desired .