Accept the Donation of Approximately 2.89 Acres of Vacant Land from TXU Energy Retail Company, LLC., Located at 5300 Eastland Street for the Expansion of William McDonald Park (COUNCIL DISTRICT 5)

It is recommended that the City Council:

1. Accept the donation of approximately 2.89 acres of vacant land out of the James W. Daniel Survey, Abstract 395, Tract 12A02 (also known as 5300 Eastland Street), from TXU Energy Retail Company, LLC.

2.  Authorize the City Manager or his designee to accept and record the appropriate instruments conveying the land to the City; and

3. Dedicate the property as public parkland upon conveyance for William McDonald Park.

TXU Energy Retail Company, LLC has offered to dedicate an approximately 2.89 acre tract of land to the City of Fort Worth to be used as park land.  The property is located south of Berry Street and East of Carey Road, in Southeast Fort Worth. The donated land will ultimately be incorporated into the existing William McDonald Park.  There is an existing water well on the property that will need to be removed or relocated at the City's expense.

ADDRESS	LEGAL DESCRIPTION	ACQUISITION TYPE	PARCEL SIZE
5300  EASTLAND	James W Daniel Survey, Abstract No. 395, Tract No. 12A02	DEDICATION DEED	2.89 ACRES

Although the land is being donated to the City at no cost, Tarrant Appraisal District records indicate the estimated value of the property to be $31,472.00. The annual cost to maintain the additional parkland is estimated to be $2,940.00. Funding for operations and maintenance will be allocated into the Park & Recreation Department's base budget beginning in Fiscal Year 2020.

The proposed parkland is located in Council District 5.

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