Accept the Year Six Report on the $68 million 2014 Parks General Obligation Bond

REPORT TO COUNCIL DATE: January 5, 2022 TO: City Council FROM: Robin Laughlin, Capital Renovation Program Manager SUBJECT: Accept the Year Six Report on the $68 million 2014 Parks General Obligation Bond I am pleased to submit for your consideration and acceptance Portland Parks & Recreation’s (PP&R) Year Five Report on the $68M 2014 Parks General Obligation Bond. The purpose of this report is to summarize and share the status, achievements, and challenges of the Bond Program implementation and an overview of the Program’s public outreach and transparency efforts. PP&R continues to make significant progress on delivery of the Parks Bond projects - of the 52 Bond projects, 49 are complete and the remaining three are underway. In the sixth year of the Bond Program, three projects were completed and open to the public. The Program ended the fiscal year with total spending at $53.6 million over the life of the Bond. Since July 2015, Bond projects have awarded 39% of the value of professional design service work and construction work to State-certified disadvantaged, minority-owned, women-owned, emerging small businesses, and/or service-disabled veteran business enterprises, exceeding the City’s 20% utilization goal. The Parks Replacement Bond Annual Report will be shared with the Bond Oversight Committee, the media, key stakeholders, the Parks Board, and any resident who requests a copy. An electronic copy will be posted to the Parks Replacement Bond website. The short version of the Report will be made available online in Spanish and English. Due to COVID-19 restrictions, we will not be distributing the short report at events and centers as in years past. In the coming months, PP&R’s Community Engagement team will make posts on both reports to PP&R’s social media channels to provide links to the online information and to share information contained in the report. The Bond Oversight Committee will use PP&R’s Year Six Parks Replacement Bond Annual Report, along with their own independent research and analysis, as a basis for their review of PP&R’s performance, the results of which they will share with you later this month. PP&R will continue to report back on an annual basis to present the progress made on the 2014 Parks Replacement Bond. We are grateful that the voters have prioritized taking care of parks infrastructure, and we look forward to celebrating with the community as they continue to see more results of their investment through increased accessibility, renovated playgrounds, more efficient pools, and other improvements made possible by the Bond funding. Thank you, Robin Laughlin Robin Laughlin, PLA – Capital Renovation Program Manager