Parks and Recreation System Master Plan Update (2016) parks_and_recreation_system_master_plan_update_oct | Page 183

acted on by the LMPRD. Both a driving range and a family and/or beginners golf center were absent from Louisville’s range of recreational facilities and could become revenue generators in the mid to long term. Grants In 1995, there was a great variety of gran t programs available through state and federal government agencies. The LMPRD had traditionally pursued these funding sources, for example through the federal Urban Park and Recreation Recovery Program, and obviously expected to continue doing so. Continued monitoring of upcoming grant sources was recommended to provide the best opportunity for securing monies from programs which inevitably have financial caps, are often competitive, and may expire once all the funds have been allocated. For example, the monies then available for “enhancement” projects such as a trails or bikeway improvements under the 1991 Intermodal Surface Transportation Efficiency Act had almost all been allocated. One potential grant source which emerged in 1993 was the National Recreational Trails Fund Grant Program, funded through the Federal Highway Administration. This program is still in effect and is intended to provide States with funds to construct and maintain recreational trails. Other significant grant fund sources include Community Block Grants, federal transportation reimbursements funds and competitive grants from the Kentucky Land Heritage Conservation Fund. B2. Development Controls and Regulations Park Dedication and/or In-Lieu Fees In many communities throughout the United States the provision of public park and open space areas to serve new development is secured, at least in part, through requirements for the dedication of land by the developer or the levy of an in-lieu fee where appropriate land is not available within the parcel being developed. While land dedication or in-lieu fees are most common for residential development, in some communities impact fees are also levied on commercial and industrial development for the provision of recreational facilities which serve the workforce. The Louisville Development Code mentions public park land dedication as a possible component of major new subdivisions, but does not make such dedication a requirement (Article 3, Standards of Design for Major Subdivisions, Item 3.60, Public Areas). There is no in- lieu park fee, or “development impact fee” currently levied in Jefferson County. Parkland dedication requirements placed on residential subdivisions and related on-lieu fees offer some potential for financing of capital projects in Louisville. The 1995 Plan noted that such requirements would have to be kept to a reasonable level in order to minimize the possibility of new development avoiding Louisville and moving “leap-frog” to adjacent counties. Revenues or land dedication requirements would be determined by park standards and average land values. As a rough estimate, if one assumed that 60,000 of the projected 162 VII. IMPLEMENTATION | October 2016 Update