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Oklahoma City could use foundation to fund MAPS 3 park operations, study finds

A study commissioned by the Oklahoma City Community Foundation suggests the city could use a partnership with a private foundation to help maintain and operate the MAPS 3 urban park and Myriad Gardens.

 
BY MICHAEL KIMBALL mkimball@opubco.com | Published: July 18, 2011    Comment on this article Leave a comment

The city intends to use MAPS 3 money to build a 70-acre urban park south of downtown, but there's no money in the taxpayer-funded development program to operate and maintain it. A recent study suggests Oklahoma City could use a private foundation to raise funds to run the park and not squeeze the city's general fund.

photo - The Myriad Gardens, shown here in a June photo, and MAPS 3 urban park could be operated by a new nonprofit foundation, a recent study suggests. <strong>PAUL B. SOUTHERLAND - The Oklahoman</strong>
The Myriad Gardens, shown here in a June photo, and MAPS 3 urban park could be operated by a new nonprofit foundation, a recent study suggests. PAUL B. SOUTHERLAND - The Oklahoman

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We've been pretty successful in finding partners when we've built a new park project.

Wendel Whisenhunt

director of the Oklahoma City's Parks and Recreation Department

The Oklahoma City Community Foundation commissioned the study, which was released in June and led by Steven C. Agee, an economics professor and interim dean of Oklahoma City University's Meinders School of Business. Larkin Warner, professor emeritus of economics at Oklahoma State University, and students from OCU's Economics Research and Policy Institute assisted.

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Related Topics: Public Finance, Local Budgets, Government Spending, Cultural Institutions and Parks, Parks and Historic Sites, Government and Politics, Arts, Entertainment, and Media



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