Page 468 - Southlake FY22 Budget

CAPITAL IMPROVEMENTS PROGRAM (CIP)

PArKS

City of Southlake FY 2022 CIP Project Status Form

Parks Land Acquisition

DEPARTMENT: Community Services
PROJECT
LOCATION: N/A

PROJECT TIMELINE: 2022 to TBD
DESCRIPTION:
The purpose of this item is to establish a project fund to provide cash for the acquisition
of land for open space and park use as per the adopted Southlake 2035 Parks,
Recreation & Open Space Master Plan.

New Request Continuation Project Partnership
JUSTIFICATION: Mandated / Replacement / Major Community
Several recommendations within the City's comprehensive plans related to the ongoing Public Health / Rehab or Protection Need / Service
Safety
of Capital Stock
acquisition and preservation of land for open space and park use. Enhancement
2030/2035 COMPREHENSIVE PLAN? If yes, include ref:

Southlake 2035 Parks, Recreation & Open Space Plan and Land
Use Plan
ALTERNATIVES / IMPACTS IF PROJECT IS NOT FUNDED: COMPANION PROJECT? If yes, please explain:
No funding set aside for land acquisition opportunities.
REVENUE GENERATING? If yes, please explain:
STRATEGIC FOCUS AREA: Quality Development & Infrastructure
PROJECT #: 2022-58
EXPENDITURE SCHEDULE
CAPITAL PROJECT COSTS TOTAL PRIOR 2022 2023 2024 2025 2026 UNFUNDED TOTAL
PLANNING / FEASIBILITY STUDY 0
ENGINEERING & DESIGN; TESTING 0
LAND & ROW ACQUISITION 1,500,000 1,500,000
LANDSCAPING, ART, URBAN DESIGN 0
CONSTRUCTION 0
CONTINGENCY 0
TOTAL 0 1,500,000 0 0 0 0 0 1,500,000
OPERATIONAL IMPACT
OPERATIONAL PROJECT COSTS TOTAL PRIOR 2022 2023 2024 2025 2026 UNFUNDED TOTAL
MAINTENANCE COSTS 0
PERSONNEL COSTS 0
TOTAL 0 0 0 0 0 0 0 0
FUNDING SCHEDULE
CAPITAL FUNDING SOURCE TOTAL PRIOR 2022 2023 2024 2025 2026 UNFUNDED TOTAL
GENERAL FUND 0
CEDC 0
CCPD 0
PARK DEDICATION FEE FUND 0
PUBLIC ART FUND 0
ROADWAY IMPACT FEE FUND 0
SANITARY SEWER IMPACT FEE 0
SPDC 1,500,000 1,500,000
STORMWATER UTILITY SYSTEM FUND 0
TIRZ #1 0
UTILITY FUND 0
WATER IMPACT FEE FUND 0
TOTAL 0 1,500,000 0 0 0 0 0 1,500,000
CCPD: CRIME CONTROL & PREVENTION DISTRICT SPDC: SOUTHLAKE PARKS DEVELOPMENT CORPORATION
CEDC: COMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION TIRZ #1: TAX INCREMENT REINVESTMENT ZONE #1
BUDGET BOOK | FY 2022 City of Southlake 467
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