DEPARTMENT: Center City Development & Operations
DEPARTMENT HEAD: John Jacks
COUNCIL DISTRICTS IMPACTED: Council District 1
SUBJECT: Funding agreement with Hemisfair Park Area Redevelopment Corporation (HPARC) and authorizing amendments to the HPARC Articles of Incorporation.
SUMMARY:
The following ordinances approve actions and appropriate funds in connection with the redevelopment of Hemisfair Park:
A) An ordinance authorizing an Agreement to Use Funds with HPARC to provide for an annual disbursement of $1,687,000.00 for operating expenses subject to annual appropriation, $3 million for the conceptual design of Civic Park; $18.1 million in the issuance of public debt for utility infrastructure; and $2.4 million for housing incentives in the NW Quadrant P3 Development.
B) Amendments to the Articles of Incorporation of HPARC to add an additional Ex-Officio Board Member, provide voting rights to Ex-Officio Board Members, and allow non-board members to serve on HPARC Committees.
BACKGROUND INFORMATION:
In 2009, the City Council established the Hemisfair Park Area Redevelopment Corporation (HPARC), a local government corporation appointed to manage and revitalize the Hemisfair area. HPARC is governed by an 11-member board of directors appointed by City Council. In addition to the 11-member board, the City of San Antonio has one ex-officio, non-voting member consisting of the City Manager or her designee. Since 2009, the City of San Antonio has funded the staff and operations of HPARC through various agreements. In Fiscal Year 2016, City Council allocated $1,687,694 to HPARC for operational support in its FY 2016 annual budget.
The Hemisfair Master Plan, approved by City Council in February 2012, conceptualized the creation of a series of urban parks surrounded by a vibrant and pedestrian-oriented neighborhood. The Master Plan identified three distinctive parks to include Yanaguana Garden, Civic Park located southeast of the corner of Market and Ala...
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