Page 476 - Southlake FY22 Budget

CAPITAL IMPROVEMENTS PROGRAM (CIP)

PArKS

City of Southlake FY 2022 CIP Project Status Form

Family Park

DEPARTMENT: Community Services
PROJECT
LOCATION: Family Park

PROJECT TIMELINE: 2024 to 2025
DESCRIPTION:
Funding is planned for the design and development of improvements at Family Park
within Southlake Town Square as per the adopted Southlake 2035 Parks, Recreation &
Open Space Master Plan. Current project scope includes: Complete park
redevelopment, landscape, hardscape, park amenities, fountain enhancements,
bollards at Fountain Place and outdoor collaborative workspace.

New Request Continuation Project Partnership
JUSTIFICATION: Mandated / Replacement / Major Community
Design and development of improvements at Family Park within Southlake Town Public Health / Rehab or Protection Need / Service
Safety
of Capital Stock
Square as per the adopted Southlake 2035 Parks, Recreation & Open Space Master Enhancement
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:
Defer completion of this master plan recommendation. TIRZ #1, SPDC
REVENUE GENERATING? If yes, please explain:
STRATEGIC FOCUS AREA: Quality Development & Infrastructure
PROJECT #: 2022-66c
EXPENDITURE SCHEDULE
CAPITAL PROJECT COSTS TOTAL PRIOR 2022 2023 2024 2025 2026 UNFUNDED TOTAL
PLANNING / FEASIBILITY STUDY 0
ENGINEERING & DESIGN; TESTING 695,000 695,000
LAND & ROW ACQUISITION 0
LANDSCAPING, ART, URBAN DESIGN 0
CONSTRUCTION 4,635,000 4,635,000
CONTINGENCY 470,000 470,000
TOTAL 0 0 0 0 0 0 5,800,000 5,800,000
OPERATIONAL IMPACT
OPERATIONAL PROJECT COSTS TOTAL PRIOR 2022 2023 2024 2025 2026 UNFUNDED TOTAL
MAINTENANCE COSTS 7,500 7,500 7,500 22,500
PERSONNEL COSTS 0
TOTAL 0 0 0 0 7,500 7,500 7,500 22,500
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 1,450,000 1,450,000 2,900,000
STORMWATER UTILITY SYSTEM FUND 0
TIRZ #1 1,450,000 1,450,000 2,900,000
UTILITY FUND 0
WATER IMPACT FEE FUND 0
TOTAL 0 0 0 2,900,000 2,900,000 0 0 5,800,000
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 475
WWW.CITYOFSOUTHLAKE.COM