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410 MEMO TO: Moun. \ e rks and Recreation Commissioners <br /> trA <br /> FROM.: <br /> Sta �� � / <br /> DATE: August 22 , 1984 <br /> RE: Greenfield Park Grant <br /> Enclosed is a copy of the preliminary application form and cover <br /> letter that was submitted by staff for a 1985 L.A.W.C.O.N. grant <br /> to develop Greenfield Park. The grant proposes construction of <br /> an entrance road, parking lot, preliminary site grading , reloca- <br /> tion of the baseball field, construction of two lit tennis <br /> courts, creek restoration and trail development. The total grant <br /> proposal is for $187 , 200 . 00 . Staff received preliminary indica- <br /> tion from the State last week that our grant has been approved at <br /> a 50% level and is currently being considered for an additional <br /> 25% funding by the state LCMR committee . The development grant <br /> would follow the master plan as approved by the Parks and Recrea- <br /> tion Commission and would basically complete the initial phase . <br /> The issues that needs to be addressed by the Park Commission are <br /> twofold; the first being, should the grant be accepted based on a <br /> 50o matching funding level. This would mean that City' s share <br /> would be $93 ,600. 00. The second question that needs to be <br /> 1111 addressed is how should the $93 , 600. 00 , 50% match, or $47 ,800. 00 , <br /> 25% match, be funded. <br /> Staff has identified four potential sources for funding the grant <br /> proposal and have included related information for the Commission <br /> to review: <br /> Q d <br /> 1 . Storm water management fund J ,� ) v �� <br /> c` UO ( 044 <br /> 2. Defeasance program. c hi <br /> 3 . Pinecrest properties park dedication fund. � / <br /> 4 . Revenue sharing , including using some of the monies set aside <br /> for 1985 capital improvement projects. <br /> I have invited City Finance Director Brager to attend our Thurs- <br /> day' s Commission meeting to review each of these funding sources <br /> and answer any questions you might have regarding the special <br /> projects fund. <br /> Should you have any questions regarding the Greenfield Park grant <br /> application , feel free to contact myself directly at 784-3055 , <br /> ext. #41. <br /> BKA/sll <br /> Attachment <br /> (1/\' <br /> ye <br /> O. <br /> pi T <br /> v �0 <br />