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CC - Item 6C - Proposed Founders Park PresenatationProposed Founder's Park Southern California Edison Property Walnut Grove Ave & Mission Drive 1 Proposed New Park Location x The potential project is a portion of the Southern California Edison (SCE) Corridor located between Mission Drive and Wells Street just west of Walnut Grove Ave. x Approximately 7.4 acres 2 M,00�1 WALNUT anovI •vIxaK OCKHO zz saw i � t F i Information • July 2019 the City Council was presented the conceptual design for the proposed Founder's Park • Applications were submitted for the Statewide Park Development and Community Revitalization Program, funded through Proposition 68. • September 2021 the City licensed the property in the hopes it would give the City additional credit in the grant application process. • Unfortunately, Round 3 or Round 4 applications were not awarded. • Staff has been unable find a funding source for the project. WAEN, °HOVE AVkNUE O' �^F 0 C K IT j CONCEr PLAN KIM DAD V UILI NI IT f.GTIL LVL E mICCV VJ mp Conceptual Design Options for Consideration 1. Keep the current license agreement with SCE and direct staff to continue to look for funding opportunities. 2. Terminate the license agreement with SCE. 3. Create a new conceptional design and fund the project through ARPA funding. 5