STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: May 11, 2022
COUNCIL DISTRICT(S): 7
DEPARTMENT: Department of Public Works
EXECUTIVE: Dr. Robert Perez
______________________________________________________________________
SUBJECT
title
Authorize acquisition from Oncor Electric Delivery Company LLC, of approximately 110 acres of land located near the intersection of Scyene Road and Elsie Faye Heggins Street for future park land adjacent to the Parkdale Lake Trinity Forest Spine Trail Project - closing costs and title expenses not to exceed $7,489.58 - Financing: 2006 General Obligation Bond Funds ($5,926.29) and Park and Recreation Facilities Fund (2017 General Obligation Bond Fund) ($1,563.29)
body
BACKGROUND
This item authorizes the acquisition from Oncor Electric Delivery Company LLC, of approximately 110 acres of land located near the intersection of Scyene Road and Elsie Faye Heggins Street for future park land adjacent to the Parkdale Lake Trinity Forest Spine Trail Project. The property will not be officially dedicated as municipal park land until such time the property is developed for its intended use. The property is being dedicated at no cost consideration with only the typical closing and title expenses required. There are no relocation benefits associated.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On January 13, 2022, the Park and Recreation Board authorized the acquisition from Oncor Electric Delivery Company LLC.
FISCAL INFORMATION
|
Fund |
FY 2022 |
FY 2023 |
Future Years |
|
2006 General Obligation Bond Funds |
$5,926.29 |
$0.00 |
$0.00 |
|
Park and Recreation Facilities Fund (2017 General Obligation Bond Fund) |
$1,563.29 |
$0.00 |
$0.00 |
|
Total |
$7,489.58 |
$0.00 |
$0.00 |
OWNER
Oncor Electric Delivery Company LLC
Laura De La Paz, Attorney-in-Fact
MAP
Attached