STRATEGIC PRIORITY: Quality of Life, Arts & Culture
AGENDA DATE: February 8, 2023
COUNCIL DISTRICT(S): 14
DEPARTMENT: Park & Recreation Department
EXECUTIVE: John D. Jenkins
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SUBJECT
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Authorize a development, operation, and maintenance agreement with MQMF Dallas Carlisle Street LLC, a Delaware Limited Liability Company ("MQMF"), for certain landscape, pedestrian sidewalk and other improvements, including drainage, on a portion of the Katy Trail for the purpose of connecting and providing public access to the Katy Trail from an adjacent property located at 3215 Carlisle Street ("Adjacent Property") to that portion of the Katy Trail, that will bind MQMF, its successors, and assigns for as long as the landscape and other improvements serve the purpose for the benefit of Dallas residents - Financing: No cost consideration to the City
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BACKGROUND
MQMF owns property located at 3215 Carlisle Street, adjacent to the Katy Trail, which it desires to develop to provide public access to the Katy Trail from Bowen Street and a second point of trail access (Exhibit A). The City finds it is in the public's interest to encourage Katy Trail access opportunities to its residents and desires to have MQMF, at its cost, (i) develop the Adjacent Property and a portion of the Katy Trail with landscaping, pedestrian sidewalk, and other improvements, including drainage, and (ii) operate and maintain all the improvements on the Katy Trail area as a public trail access and connection to the Adjacent Property, including to a publicly dedicated paseo area also to be developed by MQMF, during the Term of the Agreement, for the use and enjoyment of all City of Dallas residents.
This action will authorize an agreement with MQMF for the development, operation, and maintenance of the improvements on a portion of the Katy Trail ("Licensed Area") and will be subject to the following terms:
1. The agreement will...
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