Title
An Ordinance Amending Budget Ordinance No. 24-104 (2025 Budget Appropriation Ordinance) for a Supplemental Appropriation to the Park Land Dedication Ordinance Fund in the Amount of $166,955 to allow the Spectrum Loop PLDO fee requirement to be used for construction costs associated with the Grey Hawk Neighborhood Park construction.
Presenter:
Britt Haley, Director, Parks Recreation and Cultural Services Department
Lonna Thelen, Parks, Recreation and Cultural Services Design and Development Manager
Body
Summary:
The Parks, Recreation and Cultural Services (PRCS) Department is seeking approval of a supplemental appropriation for $166,955 from the Park Land Dedication Ordinance (PLDO) neighborhood park fund to be used for the construction of Grey Hawk Neighborhood Park per negotiations with the developer. As part of the approved development plan process, the developer for Spectrum Loop Apartments proposed an apartment complex 0.25 miles away from an undeveloped park site and offered to donate additional funds if the PRCS Department agreed to expend the PLDO fees that were obligated at Grey Hawk Neighborhood Park. This proposed supplemental appropriation fulfills the agreement.
Background:
As a result of prior negotiations for Spectrum Loop Apartments concept plan process, the PRCS Department is asking that the required neighborhood park fees that were paid be appropriated through a supplemental appropriation for the construction of Grey Hawk Neighborhood Park. Additionally, the developer agreed to donate $90,515.72 toward construction, the developer has fulfilled that promise and provided the donation to the City.
Grey Hawk Neighborhood Park was acquired through a PLDO land dedication in 2006; however, the PRCS Department was unable to secure the funds needed to develop the park. In 2021, the PRCS began a process to master plan and fund the construction of Grey Hawk Neighborhood Park. The final Grey Hawk Park Master Plan was adopted by the P...
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