The amendment was moved and seconded. Mr. Peterson explained the amendment. CM Boylan asked if the funds were available to all Council Members. Mr. Peterson said there were several funding sources, including the Solid Waste Class III Mitigation Fund, into which 50 cents per ton of waste is deposited. He said that money from those funds must be spent within a seven-mile radius of the waste management facility. He explained that the Cardroom Tax account receives state funds related to the Best Bet cardroom on Monument Road, and that the funds must be spent on parks within a five-mile radius of the facility. The Autumn Bonds Investment Pool Earnings can be used on any Capital Improvement Project. Mr. Peterson said that CM Gay was also moving funds from a broader William Sheffield Regional Park project to a more specific one.

Neighborhoods, Community Services, Public Health and Safety Committee · 2026-05-18 · agenda_item

This item concerns a proposed amendment to how certain funds are allocated for capital improvement projects, specifically for parks. The amendment involves using money from the Solid Waste Class III Mitigation Fund, the Cardroom Tax account, and the Autumn Bonds Investment Pool Earnings. Funds from the Solid Waste Class III Mitigation Fund must be spent within a seven-mile radius of a waste management facility. Money from the Cardroom Tax account, which receives about $200,000-$300,000 annually, must be spent on parks within a five-mile radius of the Best Bet cardroom on Monument Road. The Autumn Bonds Investment Pool Earnings can be used for any Capital Improvement Project. This amendment has been approved by the Neighborhoods, Community Services, Public Health and Safety Committee and is pending further review. The project would involve planning and potentially construction or renovation of park facilities, including site preparation, landscaping, and potentially utility work. Contractors, suppliers, and service providers in areas near waste management facilities and the Best Bet cardroom may find opportunities as this project moves forward. Early engagement could provide an advantage before specific plans and permits are finalized.

seven-mile radius

7 mile

five-mile radius

5 mile

Cardroom Tax account

200000-300000 dollars per year