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CMP Part 4E. Parks, Trails, and Open Spaces <br /> Funding for Acquisition and Capital Improvements <br /> As Orono becomes fully developed over the next two decades,the amount of money collected via <br /> new development park dedication fees will decrease substantially. Funding for the acquisition of <br /> park lands and for improvement of existing facilities will require alternative sources of capital in <br /> the future. The City will continue to investigate mechanisms for future funding and will continue <br /> to encourage private donations of land or funds in order to maintain the level of active and passive <br /> recreation opportunities desired by Orono residents. Orono currently provides funding for park, <br /> open space and trail acquisitions and improvements by the following methods: Mandatory <br /> developer contributions of land or cash payments to the Park Dedication Fund at the time property <br /> is subdivided or developed;transfers from the City's general fund; private contributions of land or <br /> funds; fees for use; and grants. <br /> City of Orono Community Management Plan 2020-2040 Part 4E, Page 12 <br />