Page 206 - Project Detail Sheet_AdoptedBook

ADOPTED | BUDGET

Parks & Recreation Capital Projects
Department Project Title Project Number
Parks and Recreation Green Valley Raceway Historical Area PK1801
Project Description
This project provides for the design and construction of an historical plaza adjacent to North Tarrant Parkway, east of Smithfield
Road where the John Barfield Trail meanders through what once was the Green Valley Raceway. Proposed amenities include an
attractive pedestrian and bicycle plaza with benches, trash receptacles and signage with information and photographs that celebrate
the rich history of a bygone era in North Richland Hills.

Project Justification
The Green Valley Raceway was a motorsports race track located in the area between North Tarrant Parkway and Green Valley
Drive, immediately east of Smithfield Road. The race track opened in 1963 and was used for over 20 years as a permanent road
course and drag strip until it closed on 1984. Remnants of the parking lot and drag strip still exist in this area. The story of the Green
Valley Raceway is a reminder that North Richland Hills has a unique past that can be enjoyed by current and future generations.

Project Status Update: Project is currently in design phase with construction antcipated in FY 2022.
Note: Source of funds is $30,000 from Park Sales Tax, $50,000 from a donation (funding source shown as "other"), and $30,717
transfer (source shown as "reserves") from the Barfield Family Foundation Grant Program (PK1701).

Project Schedule Beginning Date Ending Date History Fiscal Year Amount
Professional Services Adopted Budget 2017-18 $30,000
Engineering/Design 09/2017 08/2021 Revision 2018-19 $30,717
Land/ROW Acquisition Adopted Budget 2019-20 $50,000
Construction 10/2021 02/2022 Revision 2020-21 $45,000
Other Total $155,717
Total Schedule 09/2017 02/2022
Sources of Funds Appr. To Date 2021‐22 Budget 2022‐23 Estimate 2023‐Completion Total Funding
General Obligation Bonds
Certificates of Obligation
Federal/State Grants
Reserves 30,717 0 0 0 $30,717
Sales Tax 30,000 0 0 0 $30,000
Other 95,000 0 0 0 $95,000
Total Funding $155,717 $0 $0 $0 $155,717

Project Costs To Date 2021‐22 Budget 2022‐23 Estimate 2023‐Completion Total Cost
Professional Services
Engineering/Design
Land/ROW Acquisition
Construction 155,717 0 0 0 $155,717
Other
Total Costs $155,717 $0 $0 $0 $155,717
Operating Impact
There is no operating impact as a result of this project.

Fiscal Year 2020‐21 2021‐22 2022‐23 2023‐24 2024‐25 Total Impact
Amount $0 $0 $0 $0 $0 $0

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NRH | TEXAS