Portland Parks “Assets Disposal”

One of the issues identified as a result of conversations regarding Mt. Tabor Park was the realization that Portland Parks & Recreation lacked a formal policy to guide the disposition of parks assets. Disposition of assets is part of the bureau’s larger “Asset Management Strategy”.

The basic premise of asset management is that assets exist to provide services. Management of those assets involves acquiring, developing and maintaining assets to provide those services and, on occasion, disposing of assets that are surplus to bureau needs. The bureau’s draft asset disposition policy provides the means to address issues and concerns around the disposal of assets.

A draft of this policy will be discussed at the next City Wide Parks Team meeting.