New Playgrounds Coming Summer 2024
⚠️The playground area in the central portion of Bicentennial Park is currently closed⚠️ to allow for the installation of new equipment and awnings. We expect the central park playground to be open by early April. After that, work will begin on the north park. Watch our newsletter for details about the Ribbon Cutting Ceremony for this project.
The playground at the north portion will remain open until work is complete in the central park. Ideally, older kids would not normally play on the north playground, which is designed for younger ages. During this transition, however, we understand that a wide range of ages might be in the playground area together at any given time. Please help us remind any older children in your group to be extra careful when younger ones are present. We appreciate your patience and cooperation as our staff and contractors make these updates.
Bicentennial Park Bond Package
The Pantego Economic Development Corporation (PEDC), authorized by voters in 1993 and funded via a portion of sales tax revenues, recently paid off all outstanding debt and has now made the decision to issue Tax Notes to provide for upgrades to Bicentennial Park. When projects are capital improvements designed to last for decades, they are often funded via debt issuances. This prevents placing the total burden of the improvements on current taxpayers and, instead, distributes the debt among all taxpayers who will enjoy the benefits now and in the coming years.
As many in our community are aware, the existing playgrounds, turf, and sunshades have reached the end of their useful life and are now in various stages of disrepair – as is the fencing around the creek.
Proposed upgrades to Bicentennial Park include:
For these projects, the PEDC issued $1.3m in Tax Notes to fund capital improvements to Bicentennial Park. This debt will be repaid via existing sales tax revenue and will, therefore, not directly impact taxpayers. Now that funding is dedicated, staff will begin applying for grants to finance portions of these projects. Though grant money is certainly not being relied upon, if any is awarded, it would free up some of the issued debt to be used to further improve the park.