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<br />VIII. IMPLEMENTATION - EXISTING AND AVAILABLE MECHANISMS <br /> <br />In order to implement this park and open space plan update, there are a variety of funding <br /> <br /> <br />mechanisms and tools available for use by the City of Paris. These include: <br /> <br />SENATE BILL 3 76-4A - SALES TAX REVENUES - Funds generated by this special sales tax <br /> <br />can be used for developing and maintaining public recreational facilities following a <br /> <br />referendum. <br /> <br />TEXAS RECREA nON & PARKS ACCOUNT PROGRAM - This program, administered by <br /> <br /> <br />Texas Parks and Wildlife, is a matching grant program which may be used to aid communities <br /> <br /> <br />in acquisition and development of parks and open space. This grant program includes the <br /> <br />Outdoor Recreation Acquisition and Development Program and the Texas Recreation & Parks <br /> <br />Account Indoor Recreation Program. The Texas Recreation & Parks Account Small Grants <br /> <br />Program is a matching grant program which may be used to aid communities with a population <br /> <br />less than 50,000 in the development of parks and open space. <br /> <br />PAY AS YOU GO - This method of financing park improvements involves budgeting for land <br /> <br /> <br />acquisition, development, and maintenance of park facilities through the city's annual budget <br /> <br /> <br />process. Allocations for park improvements are made and spent annually through the standard <br /> <br />budget process. <br /> <br />10 <br />