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Strategy 6. Connect the community through parks, trails and recreational <br />programming <br />• Objective 1: Construct Phase 1 of The Waterfront Park <br />o Responsible Parties: Parks Division (Riverblood) <br />o Key Areas: COR Community Park and Downtown Destination <br />■ Action 1.1: Approve schematic design work of water play area and future <br />community building June 10, 2025 <br />■ Action 1.2: Authorize preparation of plans/specs August 12, 2025 <br />■ Review comparative case studies of comparable community <br />buildings/parks <br />■ Review comprehensive proforma of The Waterfront Park (revenue/O&M <br />costs) <br />■ Identify funding and community benefits <br />■ Approve schematic design and phasing plan <br />■ Action 1.3: Approve plans/specs and authorize bids September 2025 (3 month <br />process) <br />■ Action 1.4: Award contract January 2026 <br />o Performance Indicator: Water play open July 1, 2026 <br />• Completion Timeframe: Phase 1 completed Q2 2026 <br />• Objective 2: <br />Develop and commit to a final plan for The Waterfront park <br />o Responsible Parties: Parks Division (Riverblood) <br />o Key Areas: COR Community Park and Downtown Destination <br />■ Action 2.1: This objective runs in conjunction with Strategy 6, Objective 1, Action <br />items 1.1 and 1.2. <br />■ Action 1.2: Establish future community building amenities <br />■ Action 1.3: Establish phasing plan for completing The Waterfront park <br />■ Action 1.4: Authorize preparation of plans/specs for community building - date <br />TBD <br />■ Action 1.5: Approve plans/specs and authorize bids for awarding a construction <br />contract - date TBD <br />o Performance Indicator: Approved schematic design for entire Waterfront Park and <br />phasing plan. <br />o Completion Timeframe: Q3 2025 <br />