ECA Receives $6 Million in Lottery-Backed Bond Funds
July 10, 2017
Last week, the Oregon State legislature passed a bill approving ECA’s request for $6 million in lottery-backed bond funds. This success comes after months of hard work by the entire Lane County delegation, especially Representative Nancy Nathanson and Representative Paul Holvey, who guided the bill through Ways and Means. ECA team members—Nancy Golden, Val Hoyle, Bev Smith, Derek Johnson, and Nancy Webber—also spent long hours on the bill. Funding from lottery-backed bonds will be used for site improvements and preparation, such as installing sewer and utility lines and grading the site.
Lottery-backed bond funds are generated when the State sells bonds on the open market that are guaranteed to be paid back by lottery revenue. The money earned from the sale of these bonds is then distributed to worthy projects, whose focus is on educational and/or economic development. By passing the bill that approves our funding request, the Oregon legislature has recognized that Civic Park will have a significant impact both on physical education and the economy for our community.
This project was assisted by the strong support of local businesses, organizations, and individuals. Their letters demonstrate the strong community support for the new Civic Park plans.
Eric Anderson – Eugene 4J SD Superintendent, Gustavo Balderas – Chad Barczak – Bethel School District – Cale Bruckner – City of Eugene – Caroline Cummings – Celeste Edman – Todd Edman – Eugene Chamber of Commerce – Ben Garney – Susie Hammer – Jon Kubu – Lane County Board of Commissioners – Mayor of Springfield, Christine Lundberg – Celeste Marshall – Oregon Sports Authority – Travis Misfeldt – John Pfanner – Matt Sayre – Lane Community College President, Mary Spilde – Springfield School District – Darrell Stepper – Travel Lane County – Luke Walsh – Dan White