Page 298 - Project Detail Sheet_AdoptedBook

ADOPTED | BUDGET

Parks & Recreation Capital Projects
Green Valley Raceway Historical Area
PK1801

352-(&7 '(6&5,37,21 -867,),&$7,21
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.

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.

352-(&7 67$786 25,*,1$/ 25,*,1$/
67$57 '$7( 5(9,6,21 (1' '$7( 5(9,6,21
Professional Services 09/2017 08/2021 12/2021
Engineering
Land/ROW Acquisition
Construction 10/2021 01/2022 02/2022 04/2022
Other

5(9,6,21 (;3/$1$7,21
In FY 19/20 $50,000 was added to the project in the Donations funding source in anticipation of receiving $50,000 from the
Barfield Family Foundation for development of the Green Valley Raceway project. The $50,000 donation was received from the
Barfield Family Foundation along with an additional $45,000 from Barfield other donation sources. This increased the donations
funding from $50,000 to $95,000.
),1$1&,$/ '$7$
$'237(' 5(9,6(' 727$/
%8'*(7 7+58 352-(&7 %8'*(7 7+58 5(0$,1,1* 352-(&7
5(9,6,21 %$/$1&( &267
)81',1* 6285&(6
Reserves $30,717 $30,717 $30,717
Sales Tax 30,000 30,000 $30,000
Donations 50,000 45,000 95,000 $95,000
0 $0
0 $0
7RWDO $110,717 $45,000 $155,717 $0 $155,717
352-(&7 (;3(1',785(6
$0 $0
Professional Services
Engineering/Design 0 $0
Land/ROW Acquistion 0 $0
Construction 110,717 45,000 155,717 $155,717
Other 0 $0
7RWDO $110,717 $45,000 $155,717 $0 $155,717

,03$&7 21 23(5$7,1* %8'*(7
Not applicable.

$118$/ 23(5$7,1* ,03$&7 727$/
Projected 0 0 0 0 0 $0
285
NRH | TEXAS