DEPARTMENT: Parks & Recreation
DEPARTMENT HEAD: Xavier D. Urrutia
COUNCIL DISTRICTS IMPACTED: Council District 10
SUBJECT:
Park Land Donation
SUMMARY:
This ordinance authorizes the donation of approximately 23.3086 acres from The Capital Foresight Limited Partnership and GB Development, LLC to be designated for park land. The acreage is located east of Bulverde Road, situated north of Loop 1604, south of Evans Road, in the Edwards Aquifer Recharge Zone, in Council District 10.
BACKGROUND INFORMATION:
The Capital Foresight Limited Partnership and GB Development, LLC has requested the City of San Antonio's Parks and Recreation Department consider accepting approximately 23.3086 acres of property. The property has been evaluated as open space and meets the criteria for park land donation. The land is located over the Edwards Aquifer Recharge Zone and an environmental assessment and boundary survey have been performed on the property with no issues identified. The property is within close proximity to existing park land and allows for the future development at a trail network.
ISSUE:
This ordinance will authorize the donation of approximately 23.3086 acres from The Capital Foresight Limited Partnership and GB Development, LLC to be designated for park land. This land donation is consistent with the recommendations outlined for the Northeast Subarea in the Parks and Recreation System Strategic Plan.
ALTERNATIVES:
Should City Council decide not to accept the donation of the property, The Capital Foresight Limited Partnership and GB Development, LLC would continue to own the property.
FISCAL IMPACT:
This is a one-time expenditure for closing costs of approximately $6,250.00. Funds are available within the 2000 Proposition 3 Parks Development and Expansion Program. The donation is valued at $1,709,400.00. The property is within close proximity to existing park land and based on economies of scale...
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