Marte relays Won's questions on timeline, funding, and capital for new parks
Marte relays Won's concern that the district needs parks now and asks about the plan, timeline, and FY2027 funding for acquisitions. Alderson estimates 6-12 months for acquisition, then 3 years for design and construction, and says Parks has some capital funds and would seek more from OMB and state grants. She confirms about $30 million is set aside.
Okay, that makes sense.
While we appreciate New York City Parks'efforts to expedite the site acquisition process through this proposal, our district needs parks now.
As the neighborhoods of CD2 continues to grow, the existing park deficit will only deepen.
What is the plan to actually acquire and convert the identified sites into new parks?
What is the timeline to bring these new parks online?
And does the Parks Department have the funding allocated to support the acquisition of new parks in CD2 for fiscal year 2027?
So in terms of timeline, should the ULIP be approved, the way that the engagement with an interested seller works, we see the acquisition process taking about six to 12 months.
It depends on various factors, but that's about the timeframe.
Should we acquire a site, we do then want to follow through with capital improvements.
That's a start of standard three years between design, procurement, and actual construction.
So that's like the timeline.
So it'll be a few years if a willing seller steps forward.
We want to advance an acquisition.
We'll take time between the acquisition and then our design process and then the build out.
In terms of capital funds, we do have some capital funds for this effort.
And we think, you know, with the two districts approved last year, and should this one be approved,
We foresee that more funds will be needed based on willing sellers.
And we hope that with the approval of the ULERP in place, we can work with OMB and we can apply for grants.
We do apply for grants from the state for park acquisition efforts.
And so we would...
You know, focus on securing the funds based on the available sites, but we do have some funds right now.
Do you know the amount that you have set aside?
We have about $30 million.
Okay, thanks.