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OUTDOOR SPACE - POTENTIAL FUNDING MECHANISMSFUNDING OPTIONSDESCRIPTIONSOURCEDedicated Tax LevyCity’s can hold a referendum to levy a dedicated tax for a specific purpose. In the case of parks and recreation, the tax can fund operations, maintenance, and capital improvement projectsProperty taxes BondingBorrowing obligations that incur interest and require repayment at a specific date. These are typically issued to pay for larger capital projectsAnnual appropriation bonds, tax abatement bonds, and revenue bondsLocal Option Sales TaxMinnesota Statute gives cities the authority to levy a local sales tax by an election process for specific capital improvementsSales tax additionPark and Trail DedicationLand or cash in-lieu of land from new subdivision developments that must be used for new equipment or park facilitiesDevelopersPartnershipsPartnerships with private and/or other public entities can be in many forms, including funding, design, operations and maintenance agreements, etc.Public or private organizations, clubs, agencies, governments, etc.DonationsGifts of cash, equipment, labor or others from private individuals or groupsIndividuals, businesses, groups, etc..GRANTSDESCRIPTION OF GRANTAGENCYAARP Community Challenge GrantSmall grants to fund quick-action projects that can help communities become more liv-able for people of all agesAARPMPCA Climate Resiliency GrantsA number of grant categories offered to help cities implement climate resiliency and adaptation projectsMinnesota Pollution Control AgencyOur Town Grant ProgramSupports projects that integrate arts, culture, and design activities into efforts that strengthen communities by advancing local economic, physical, and/or social outcomesNational Endowment for the ArtsCOMMUNITY BUILDING OUTDOOR AMENITY SPACECITY OF LITTLE CANADAAUGUST 2025154