M&C Review


COUNCIL ACTION:  Approved on 9/18/2018 

DATE: 9/18/2018 REFERENCE NO.: **L-16149 LOG NAME: 80BRONZEWOOD PARK
CODE: L TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT:   Accept Dedication of Approximately 2.60 Acres of Parkland and Facility Improvements from Copper Creek Partners, LP for Bronzewood Park (COUNCIL DISTRICT 7)

RECOMMENDATION:

It is recommended that the City Council accept the dedication of approximately 2.60 acres of parkland and facility improvements from Copper Creek Partners, LP in accordance with the Neighborhood and Community Park Dedication Policy for Bronzewood Park.

 
DISCUSSION:

The purpose of this M&C is to accept land to create a new park in north Fort Worth in accordance with the Neighborhood and Community Park Dedication Policy.  The 2.60 acres of land is a cumulative portion of the park dedication required for the Copper Creek subdivision development project under Preliminary Plat PP-014-040 / Final Plat FP-015-010.  Copper Creek Partners, LP, the developer, worked with the Park & Recreation Department to provide suitable parkland and improvements to serve this development.

The legal description is as follows:

  • A 2.60 acre parcel of land situated in the George Matthews Survey, Abstract No. 1078, intending to be all of Lot 2X, Block L, according to the plat recorded under Clerk's File No. D216137977, Plat Records, Tarrant County, Texas.

In addition to the land dedication, the developer constructed the following amenities: one playground, two benches, one trash receptacle, and a sport court with two goals, at a total cost of $273,685.95, exceeding the neighborhood park development fees requirement of $270,960.08.

In December 2017, the City received an appraisal of the property of $16,997.00 per acre.  The total value of the land dedication is estimated at $44,193.00.

The annual cost to maintain this parkland is $11,060.00.  Funding for operations and maintenance will be allocated into the Park & Recreation Department's base budget beginning in FY2020.

The Copper Creek development is located north of Harmon Road, east of the BNSF Railway and west of Blue Mound Road.

The parkland is located in COUNCIL DISTRICT 7, Mapsco 34B.    

This M&C does not request approval of a contract with a business entity.

 
FISCAL INFORMATION/CERTIFICATION:

The Director of Finance certifies that approval of the above recommendation will not result in additional appropriations in the Fiscal Year 2018 Budget.  The land along with the improvements will be capitalized as an asset in accordance with the Capital Asset Policy.

TO
    Fund Department
ID
Account Project
ID
Program Activity Budget
Year
Reference #
(Chartfield 2)
Amount

FROM
    Fund Department
ID
Account Project
ID
Program Activity Budget
Year
Reference #
(Chartfield 2)
Amount

Submitted for City Manager's Office by:
Fernando Costa (6122)
Originating Department Head:
Richard Zavala (5704)
Additional Information Contact:
David Creek (5744)

 
 
ATTACHMENTS
  Aerial_Copper Creek.pdf
  Developer Constructed Improvements_Bronzewood Park.pdf