DEPARTMENT: Parks and Recreation
DEPARTMENT HEAD: Janet Martin, Interim Director
COUNCIL DISTRICTS IMPACTED: Council District 9
SUBJECT:
Classen-Steubing Ranch Park Acquisition and Developer Participation Agreement
SUMMARY:
A. This ordinance authorizes the acquisition of approximately 165 acres of land in northern San Antonio known as the Classen-Steubing Ranch located in Council District 9, for $6,345,122.69 plus closing costs, payable to Alamo Title Company as escrow agent, for title on the property, as well as an option for the purchase of an additional 39 acres for open space and recreational park purposes. This ordinance authorizes $5,345,122.69 from the 2010 Proposition 1 Edwards Aquifer Protection Venue, the redirection of $1,000,000.00 from certificates of obligation allocated to Hardy Oak Extension Project to land acquisition, and appropriates funds. Funding to acquire the additional 39 acres may be considered for inclusion in the proposed 2017-2022 General Obligation Bond Program or other City funding mechanisms. This action also authorizes the execution of necessary documents to effectuate the acquisition.
B. This ordinance authorizes the execution of a Conservation Easement with the Edwards Aquifer Authority for the portion of land acquired under the Proposition 1 Edwards Aquifer Protection Venue Project.
C. This ordinance authorizes the negotiation and execution of a Developer Participation Agreement (DPA) with XJ 1869 Development, LLC (Developer) for the extension of Hardy Oak Boulevard and Huebner Road. The ordinance also authorizes the City's contribution not to exceed $1,546,800.00 (12.27%) participation of the total road construction contract price and the not-to-exceed sum of $4,701,400.00 for oversizing of the roadways (the construction of two four-lane roads instead of two two-lane roads), for the City's total participation not-to-exceed amount of $6,248,200.00. Funding for this developer agreement may be ...
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