Laserfiche WebLink
The population factor recognizes the need to provide funds for park capital improvements to serve <br />every person in the region relatively equally. Using non -local visits as a factor recognizes that these <br />regional parks serve a regional and state-wide population. Therefore, a combination of both factors is <br />accounted for in the Regional Parks CIP formula. <br />The results of this formula determine the amount each regional park implementing agency could <br />request/receive from the Regional Parks CIP. For example, if Anoka County's share of the Regional <br />Parks CIP is 10%, then 10% of appropriations would be granted to Anoka County for its projects in the <br />CIP. <br />As noted above, the 2040 Regional Parks Policy Plan must include a five-year capital improvement <br />program plan (Table 5-1). The intent is to outline the funding strategy for the relative near term, such <br />that regional park implementing agencies can use the information in their planning. These figures are <br />subject to change based upon legislative action. <br />Table 5-1. Metropolitan Council Six -Year Parks Capital Improvement Plan, 2014-2019 (dollars in <br />1, 000s) <br />Years <br />Sources of <br />Funds 2014 2015 2016 2017 2018 2019 Total <br />State' $ 31,026 $ 35,833 $ 23,325 $ 25,060 $ 23,630 $ 24,107 $ 162,981 <br />Regional2 $ 9,061 $ 8,068 $ 6,083 $ 7,000 $ 7,000 $ 7,000 $ 44,212 <br />Other3 $80 $- $- $- $- $- $80 <br />Total Sources $ 40,167 $ 43,901 $ 29,408 $ 32,060 $ 30,630 $ 31,107 $ 207,273 <br />Uses of Funds <br />Preservation <br />(Redevelopment) $ 13,034 $ 15,792 $ 10,947 $ 12,737 $ 12,216 $ 12,438 $ 77,164 <br />Expansion (Land <br />Acquisition) $ 10,600 $ 9,113 $ 7,356 $ 7,409 $ 7,464 $ 7,520 $ 49,462 <br />Improvements <br />(Development) $ 16,533 $ 18,996 $ 11,105 $ 11,914 $ 10,950 $ 11,149 $ 80,647 <br />Total Uses $ 40,167 $ 43,901 $ 29,408 $ 32,060 $ 30,630 $ 31,107 $ 207,273 <br />Funds include general obligation bonds issued by the state, Parks and Trails Legacy Fund appropriations, and Environment <br />and Natural Resources Trust Fund appropriations. <br />2 Funds include Council general obligation bonds issued by the Council. <br />3 Interest earned by the Council. Interest earned must be granted to North Mississippi Regional Park (Laws of Minnesota 1985, <br />First Special Session, Chap. 15, Sec. 5, Subd. 2(b) and Laws of Minnesota 1987, Chapter 384, Article 3, Sec. 45). <br />The revision of the Council's five-year capital improvement program plan is considered to be a <br />substantial revision to the policy plan and will follow the Council's administrative procedures on <br />amending a policy plan. <br />