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AnaheimOUTDOORS - City of Anaheim

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chapter eight<br />

• Orange County Transportation Authority (OCTA)<br />

Measure M - OCTA administers a variety <strong>of</strong><br />

funding programs through Measure M including<br />

Freeway, Transit, Streets and Environmental<br />

Mitigation.<br />

• OCTA Bicycle Corridor Improvement Program<br />

(BCIP) - funded using federal Congestion<br />

Mitigation and Air Quality (CMAQ) funds. Available<br />

to local government agencies in Orange County<br />

for transportation-related projects that reduce<br />

congestion and improve air quality.<br />

• Caltrans - Environmental Justice and Community-<br />

Based Transportation Planning Grants Program<br />

- provide grants for developing and studying the<br />

sustainability <strong>of</strong> land use plans. Products include<br />

expanded transportation choices, encouragement<br />

<strong>of</strong> transit oriented and mixed use development,<br />

and a contribution to positive local planning efforts<br />

• Caltrans - Bicycle Transportation Account (BTA) is<br />

an annual program providing state funds for city<br />

projects are designed and developed to achieve<br />

the functional commuting needs and physical<br />

safety <strong>of</strong> bicyclists.<br />

• Environmental Protection Agency (EPA) - provides<br />

grant funding for several areas including projects<br />

that improve water quality, control water pollution,<br />

and watershed and wetland conservation<br />

8.7 Identify opportunities for bonds,<br />

assessments, fundraising etc.<br />

Explore assessment and/or bond funding<br />

opportunities for construction and on-going<br />

maintenance costs <strong>of</strong> connectivity improvements<br />

that clearly benefit those financially supporting the<br />

improvements.<br />

General Obligation Bonds make sense when a city<br />

has several different types <strong>of</strong> facilities it needs to<br />

develop and there is strong community support.<br />

There is a two-thirds voter approval required by<br />

General Obligation Bonds. General Obligation<br />

Bonds are paid for out <strong>of</strong> the city’s General Tax<br />

Allotment Fund, so the allocation <strong>of</strong> dollars for park<br />

purposes will compete with the city’s needs for<br />

ongoing operations and other types <strong>of</strong> needed park<br />

improvements. Only cities with excess general fund<br />

capacity are really able to use General Obligation<br />

Bonds for park and facility development.<br />

Various types <strong>of</strong> funding options:<br />

• General Obligation Bonds<br />

• Park Bonds<br />

• Revenue Bonds<br />

• Landscape and Lighting Districts<br />

• Mello-Roos<br />

• State Law AB1600<br />

• Fundraising Opportunities<br />

• Grant Programs<br />

• Public/Private Partnerships<br />

• Quimby<br />

Revenue Bonds are a popular way for cities to finance<br />

capital improvements, especially recreation and<br />

park facilities, when the facility being developed<br />

will generate the necessary revenue to pay the debt<br />

service on the bonds. This method is common for<br />

development <strong>of</strong> sports arenas, convention centers,<br />

theatres and other facilities that generate revenue<br />

through admission, concessions, and rentals. Revenue<br />

Bonds require the city to provide collateral equal<br />

to one and half times the value <strong>of</strong> the bond issue.<br />

Revenue Bonds do not require voter approval but do<br />

require a four-fifths vote <strong>of</strong> the city council.<br />

There are two main methods for establishing<br />

assessments to pay for recreation and park facility<br />

development. These are:<br />

• Lighting and Landscape Assessment Districts<br />

• Mello-Roos and other state legislation allowing<br />

cities and park districts to create assessment<br />

districts for capital improvements.<br />

Each <strong>of</strong> these requires approval by the property<br />

owners who are within the district and are subject to<br />

paying the assessment.<br />

State law AB1600 allows local agencies to impose<br />

an assessment on properties within an improvement<br />

area when the agency can show a nexus that the<br />

improvements being made are a benefit to the<br />

properties being assessed. Under this method, the<br />

agency sends a direct mail ballot to the property<br />

90 | <strong>Anaheim</strong> Outdoors Connectivity Plan

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