Page 472 - Southlake FY22 Budget

CAPITAL IMPROVEMENTS PROGRAM (CIP)

PArKS

City of Southlake FY 2022 CIP Project Status Form

Liberty Park at Sheltonwood Improvements

DEPARTMENT: Community Services
PROJECT
LOCATION: Liberty Park at Sheltonwood

PROJECT TIMELINE: TBD to
DESCRIPTION:
Funding is planned for the design and development of improvements at Liberty Park at
Sheltonwood as per the as per the adopted Southlake 2035 Parks, Recreation & Open
Space Master Plan. The project scope includes: water well for pond, park amenities,
playground, expand parking, trail connectivity and improvements, volleyball court
improvements, park and educational signage, expand existing pond, exercise stations
along trail, trail distance markers, and pedestrian corridor from parking to center of the
park.

New Request Continuation Project Partnership
JUSTIFICATION: Mandated / Replacement / Major Community
Public Health / Rehab or Protection Need / Service
Design and development of improvements at Liberty Park at Sheltonwood as per the Safety of Capital Stock Enhancement
adopted Southlake 2035 Parks, Recreation & Open Space Master Plan.
2030/2035 COMPREHENSIVE PLAN? If yes, include ref:
Southlake 2035 Parks, Recreation & Open Space Master Plan
ALTERNATIVES / IMPACTS IF PROJECT IS NOT FUNDED: COMPANION PROJECT? If yes, please explain:
Delay completion of 2nd Phase of park development.
REVENUE GENERATING? If yes, please explain:
STRATEGIC FOCUS AREA: Quality Development & Infrastructure
PROJECT #: 2022-62
EXPENDITURE SCHEDULE
CAPITAL PROJECT COSTS TOTAL PRIOR 2022 2023 2024 2025 2026 UNFUNDED TOTAL
PLANNING / FEASIBILITY STUDY 0
ENGINEERING & DESIGN; TESTING 268,200 268,200
LAND & ROW ACQUISITION 0
LANDSCAPING, ART, URBAN DESIGN 0
CONSTRUCTION 2,233,800 2,233,800
CONTINGENCY 298,000 298,000
TOTAL 0 0 0 0 0 0 2,800,000 2,800,000
OPERATIONAL IMPACT
OPERATIONAL PROJECT COSTS TOTAL PRIOR 2022 2023 2024 2025 2026 UNFUNDED TOTAL
MAINTENANCE COSTS 20,000 20,000
PERSONNEL COSTS 0
TOTAL 0 0 0 0 0 0 20,000 20,000
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 2,800,000 2,800,000
STORMWATER UTILITY SYSTEM FUND 0
TIRZ #1 0
UTILITY FUND 0
WATER IMPACT FEE FUND 0
TOTAL 0 0 0 0 0 0 2,800,000 2,800,000
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 471
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