Pro Parks Levy Opportunity Fund - The Ordinance

Excerpt from the Levy Ordinance 120024 related to Opportunity Fund

"Section 3, B, Subsection 3. "Funds allocated to the Acquisition and Development Opportunity Fund category shall be used only as provided in this subsection 3……"

"a. New acquisition projects identified by neighborhood or community groups may be funded as part of the Acquisition and Development Opportunity Fund category by ordinance, after City Council consideration of recommendations of the Superintendent and the oversight committee established in Section 5.

• High priority will be given to acquisitions in presently underserved areas of the City as defined in the Seattle Parks and Recreation Plan 2000
• next priority to acquisitions in areas of the City experiencing population growth, particularly those with expected and actual growth in urban center and urban
  village locations and to acquisitions in Neighborhood Revitalization Strategy
  Areas.

"b. New development projects identified by neighborhood or community groups may be funded as part of the Acquisition and Development Opportunity Fund category by ordinance, after City Council consideration of recommendations of the Superintendent and the oversight committee established in Section 5.

Eligible projects include development of or improvements to new or existing parks, playfields, parks facilities, green spaces, and trails and boulevards.

• High priority will be given to development projects in presently underserved areas of the City as defined in the Seattle Parks and Recreation Plan 2000,
• next priority to development projects in areas of the City experiencing population growth, particularly those with expected and actual growth in urban center and
  urban village locations and to development projects in Neighborhood Revitalization Strategy Areas. "

"Section 5. Oversight Committee.
The Oversight Committee will adopt criteria for making its recommendations concerning the Acquisition and Development Opportunity Fund category and will make recommendations to the Superintendent, Mayor, and City Council. "

The full text of Ordinance 120024 is available on the Web at: http://www.seattle.gov/parks/proparks/history.htm