Page 376 - Southlake FY20 Budget

General Fund
CIP

GEnERAL FUnD

City of Southlake FY 2020 CIP Project Status Form

Hwy 114 Open Space Land Acquisition

DEPARTMENT: City Manager's Office
PROJECT
LOCATION: North of SH 114 near Carroll Ave & E Highland St

PROJECT TIMELINE: Oct 2019 to Dec 2019
DESCRIPTION:
Funding is requested to acquire nearly 14 acres of vacant land near the SH 114
corridor. The intent of this project is to allocate funds to purchase identified land to
incorporate as open space, as well as acquire needed property to build the future
Kirkwood Blvd connection.

New Request Continuation Project Joint Use
JUSTIFICATION: Mandated / Replacement / Major Community
Public Health / Rehab or Protection Need / Service
These funds allow the City to begin acquiring available land for open space, as well as Safety of Capital Stock Enhancement
acquire needed right of way for future Kirkwood Blvd connection.
Compliant with 2030/2035 Comprehensive Plan Element?
List (incl ref #):
ALTERNATIVES / IMPACTS IF PROJECT IS NOT FUNDED: COMPANION PROJECT? If yes, please explain:
If the property remains undeveloped the City will need to acquire the right of way for N/A
Kirkwood Blvd. sometime in the future.
REVENUE GENERATING? If yes, please explain:
STRATEGIC FOCUS AREA: Quality Development, Mobility
N/A
FUND: General Fund
EXPENDITURE SCHEDULE
PROJECT ELEMENT TOTAL PRIOR 2020 2021 2022 2023 2024 UNFUNDED TOTAL
PLANNING / FEASIBILITY STUDY 0
ENGINEERING & DESIGN 0
LAND 3,000 3,000
TESTING 0
CONSTRUCTION 0
OTHER 0
TOTAL 0 3,000 0 0 0 0 0 3,000
OPERATIONAL IMPACT
PROJECT ELEMENT TOTAL PRIOR 2020 2021 2022 2023 2024 UNFUNDED TOTAL
MAINTENANCE COSTS 0
PERSONNEL COSTS 0
TOTAL 0 0 0 0 0 0 0 0
FUNDING SCHEDULE
FUNDING SOURCE TOTAL PRIOR 2020 2021 2022 2023 2024 UNFUNDED TOTAL
GENERAL FUND 3,000 3,000
CCPD 0
CEDC 0
HOTEL OCCUPANCY TAX FUND 0
PARK DEDICATION FEE FUND 0
PUBLIC ART FUND 0
ROADWAY IMPACT FEE FUND 0
SANITARY SEWER IMPACT FEE 0
SPDC 0
SWUS 0
UTILITY FUND 0
WATER IMPACT FEE FUND 0
TOTAL 0 3,000 0 0 0 0 0 3,000
CCPD: CRIME CONTROL & PREVENTION DISTRICT SPDC: SOUTHLAKE PARKS DEVELOPMENT CORPORATION
CEDC: COMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION SWUS: STORMWATER UTILITY SYSTEM FUND
Funding is represented in thousands of dollars (000s). Example: 3,776 = $3,776,000
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