Estacada budget focuses on Wade Creek Park
The Estacada City Council approved a budget for the upcoming fiscal year that includes funding for the third phase of Wade Creek Park.
Councilors approved the $16,489,490 budget, a 19% increase from the previous year, during a meeting on Monday, June 22.
Because of the COVID-19 pandemic, the budget does not include any increase in utility fees and predicts a reduced number of building permits.
"(But) the current economy is unstable and cannot be predicted at this time. . .Staff is cautiously allowing for some growth to continue but not at the rate of the last two fiscal years," City Manager Denise Carey wrote in a statement about the budget.
The budget includes $4,756,408 for various projects. This includes $2,625,000 for the final phase of Wade Creek Park, which will feature boardwalks, overlooks, a new outlet for Wade Creek and an amphitheater with community rooms. Funding for the project, which is expected to be completed in October 2021, will come from grants, donations and system development charges.
Additional projects outlined in the budget include improvements to Shafford Street; updates to the intersection of Sixth Avenue and Main Street; a sewer main extension for the northern area of the city's urban growth boundary; an update to the Wastewater Master Plan; amenities at the neighborhood park in the Regan Hills Acres 3 subdivision; new landscaping at the library parking lot; and improvements to the parking lot across from the fire district buildings.
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