Sunday, November 13, 2016

FUN Park Grant Funds Facilities in Banks

The City of Banks is enjoying its new park facilities which have been funded through a FUN Park Grant. Bradley County assisted Banks in attaining one of the FUN Park Grants.

The FUN Park Grant Program is designed to assist small incorporated cities with populations of 2,500 or less and unincorporated rural communities, sponsored by their county, to develop their first basic neighborhood park or make fundamental improvements to an existing park to provide basic recreation facilities.

Funding for the FUN Park Grant Program comes from the Arkansas Natural and Cultural Resources Grant and Trust Fund (NCRGTF) authorized by Act 729 of 1987. Funds are collected from a tax on the transfer of certain real estate in the State of Arkansas.

A FUN Park Grant challenge the grantee's ability to stretch funds and use local resources to complete the project within the grant amount. Local funds and contributions, such as site preparations and volunteer labor, may be required to complete the park. Only ten FUN Park Grants may be funded annually.

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