STRATEGIC PRIORITY: Workforce, Education & Equity
AGENDA DATE: September 25, 2024
COUNCIL DISTRICT(S): 13
DEPARTMENT: Department of Facilities and Real Estate Management
EXECUTIVE: Donzell Gipson
______________________________________________________________________
SUBJECT
Title
Authorize (1) acquisition from Dallas Independent School District, containing a total of approximately 360,148 square feet of land bound by Webb Chapel Road and Pensive Drive; and (2) an increase in appropriations in an amount not to exceed $2,910,740.00 in the Park Land Dedication Program Fund - Not to exceed $4,240,740.00 ($4,210,740.00 plus closing cost and title expenses not to exceed $30,00.00) - Financing: Park Land Dedication Program Fund ($2,910,740.00), General Fund ($1,000,000.00), and Park and Recreation Facilities (B) Fund (2017 General Obligation Bond Fund) ($330,000.00)
Body
BACKGROUND
This item, on behalf of the Park and Recreation Department authorizes (1) acquisition from Dallas Independent School District containing a total of approximately 360,148 square feet of land bound by Webb Chapel Road and Pensive Drive; and (2) authorize an increase in the establishment of appropriations in in amount not to exceed $2,910,740.00; thereby increasing the appropriation in the Park Land Dedication Program, for the 10345 Webb Chapel Road Acquisition Project. This property will be used for development of a future park. The consideration is based on an independent appraisal. There are no relocation benefits associated.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On April 4, 2024, the Park and Recreation Board authorized the acquisition from Dallas Independent School District.
FISCAL INFORMATION
|
Fund |
FY 2024 |
FY 2025 |
Future Years |
|
Park Land Dedication Program Fund |
$2,910,740.00 |
$0.00 |
$0.00 |
|
General Fund |
$1,000,000.00 |
$0.00 |
$0.00 |
|
Park and Recreation Facilities (B) Fund (2017 General Obligation Bond Fund) |
$ 330,000.00 |
$0.00 |
$0.00 |
|
Total |
$4,240,740.00 |
$0.00 |
$0.00 |
OWNER/EXECUTIVE
Dallas Independent School District
Joe Carreon, President, Board of Trustees
MAP
Attached