DEPARTMENT: Transportation & Capital Improvements
DEPARTMENT HEAD: Mike Frisbie, P.E.
COUNCIL DISTRICTS IMPACTED: Council District 5
SUBJECT:
Funding Agreement: The Boys and Girls Clubs of San Antonio
SUMMARY:
Consideration of the following actions related to the Lone Star Recreational Facility, a 2012-2017 Bond Program project, located in Council District 5:
A. An ordinance authorizing the execution of a Funding Agreement with the Boys and Girls Clubs of San Antonio in an amount not to exceed $1,850,000.00 for the development of a recreational facility in the Lone Star neighborhood, located in Council District 5.
B. An ordinance authorizing the execution of a 20 year rent free ground lease of an approximately 1.979 acre parcel located at 829 Nogalitos Street from the Boys and Girls Clubs of San Antonio and a 20 year rent free lease-back of the same property to the Boys and Girls Clubs of San Antonio for the construction and operation of a recreational facility.
BACKGROUND INFORMATION:
On May 12, 2012, San Antonio voters approved the 2012-2017 Bond Program, consisting of five propositions totaling $596 million. The Bond Program funds will be used on various capital improvement projects, to address community infrastructure needs and improve the overall quality of life in San Antonio. As part of that program, $1,850,000.00 in Parks, Recreation and Open Space Improvements General Obligation Bond funds was approved for the development of a recreational facility in the Lone Star neighborhood. Project design is anticipated to begin in upon execution of the Funding Agreement and construction, is expected to be completed by December 2016.
The Boys and Girls Clubs of San Antonio is a non-profit organization which originally opened as the Boys Club in San Antonio in 1939 on Dolorosa Street. After over 30 years in operation, girls were invited to become members of the club in 1975 and the name was officially changed in 1991...
Click here for full text