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File #: 23-1073    Version: 1 Name:
Type: CONSENT AGENDA Status: Approved
File created: 4/12/2023 In control: Park & Recreation Department
On agenda: 5/10/2023 Final action:
Title: Authorize a twenty-year development, operation, and maintenance agreement, with one five-year renewal option, with CityMark 3100 McKinnon SPE, LLC, a Delaware limited liability company for the development, operation, and maintenance of pedestrian sidewalks, bike racks, grading, and landscape improvements for the purposes of connecting to and providing access from an adjacent development to the Katy Trail located at 3100 McKinnon Street - Financing: No cost consideration to the City
Indexes: 14
Attachments: 1. Map, 2. Resolution, 3. Exhibit A
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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STRATEGIC PRIORITY: Quality of Life, Arts & Culture
AGENDA DATE: May 10, 2023
COUNCIL DISTRICT(S): 14
DEPARTMENT: Park & Recreation Department
EXECUTIVE: John D. Jenkins
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SUBJECT

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Authorize a twenty-year development, operation, and maintenance agreement, with one five-year renewal option, with CityMark 3100 McKinnon SPE, LLC, a Delaware limited liability company for the development, operation, and maintenance of pedestrian sidewalks, bike racks, grading, and landscape improvements for the purposes of connecting to and providing access from an adjacent development to the Katy Trail located at 3100 McKinnon Street - Financing: No cost consideration to the City

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BACKGROUND

This action will authorize a twenty-year development, operation, and maintenance agreement, with one five-year renewal option, subject to Park Board approval, with CityMark 3100 McKinnon SPE, LLC, a Delaware limited liability company ("CityMark"), for the development, operation, and maintenance of pedestrian sidewalks, bike racks, grading, and landscape improvements for the purposes of connecting to and providing access from an adjacent development to the Katy Trail located at 3100 McKinnon Street.

CityMark owns property located at 3100 McKinnon Street adjacent to the Katy Trail. CityMark is currently developing the open grassy area on the back of its property adjacent to the trail as an outdoor seating area for a new restaurant it is developing. This renovation will include outdoor seating, pergolas, landscaping, food service, including serving alcohol, and other improvements for patrons of CityMark. CityMark also desires to enhance the landscaping on the Katy Trail adjacent to its property and to provide Katy Trail access for its building residential and office patrons and patrons of the restaurant. Improvements to the Katy Trail will include enhanced landscaping, grading, bike racks, and other improvements (Exhi...

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