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35 Z. Voter referendum <br />36 A voter referendum approach would include increased projects for natural <br />37 resources, trails, any acquisition any additionial developm�en�t any ens h�an�cem�en�t <br />38 per th�e m�aster plan�., <br />39 <br />40 3. A combination of abaCement bonds and referendum <br />4 1 The combination approach in�cludes abatement bon�ds an�d voter referendum an�d <br />42 would include blen�din�g the two above m n�tion d areas., <br />43 <br />44 4. Aggressively pursue the local option sales tax <br />45 The local option sales tax approach would be to pursue future funding for <br />46 addition l new im rovem n�ts, including a Community Center an�d possibly <br />47 operabons <br />48 <br />49 Jason Etten�, Chair of the COT'an�d the Parks an�d Recreation Commission an�d staff will be at <br />the meeting for further discussion. <br />52 A T'IME BASED PLAN <br />53 A time based ppro chi to fully im�plem�en�t the m�aster plan includes: <br />55 Step one - $19I I of imp provem�en�ts over a 5 year time period as outlined <br />57 Step two — $1 6M of im rovem�en�ts as outlined in the Master Plan such as-, <br />0 additional natural resources man�agemmen�t <br />0 furth�er developm�en�t of the pathway and trail system <br />60 0 acquisition and developm�en�t , i.e., adjacen�t Langton Lake <br />6 1 properties for trail <br />62 0 implementation of sch�ool/park concept at Fairview and Parkview <br />63 Schools <br />64 0 com lete existing m ster plan developm�en�t, i.e., Ladyslipper Park <br />65 <br />66 Step three -$,25M - $,30M for Community Center <br />67 <br />68 Step four - $ 5M — future en�h n�cem�en�ts per m ster plan and vision such as" <br />69 acquirin�g land to relocate softball fields from Victoria and develop <br />"7 con�tin�ue implementation of pat sway system in�cludin�g a pedestrian <br />��7 walkway over m�ajor th�orough�fares <br />"72 continuo natural resource enhancements <br />73 <br />"74 This approach also im lem�en�ts the Park and Recreation in�frastructure portion of the Park <br />"7 Capital Improvement Plan (CIP excluding vehicles end equipm�en�t, Skating Center end Golf <br />76 Course areas., <br />77 <br />"7 BOND COUNCIL DISCUSSION <br />"7 9 In very preliminary discussions with the City Bond Council, Briggs end Morgan�, it is possible to <br />structure abatement bonds in a way to provide for im rovem�en�ts as outlined in the master <br />plan over a period of time longer than 3 years., <br />Page 2 of 3 <br />