DEPARTMENT: Neighborhood and Housing Services Department
DEPARTMENT HEAD: Ver?nica R. Soto, FAICP, Director
COUNCIL DISTRICTS IMPACTED: 10
SUBJECT:
An ordinance approving a Development Agreement for an amount not to exceed $98,500 between the Board of Directors for Tax Increment Reinvestment Zone Number Thirty-Three, City of San Antonio, and Bright Kids Daycare & Learning Center, Inc. for eligible public improvements for the Bright Kids Daycare and Learning Center #2 located at 3939 Thousand Oaks Drive, San Antonio, TX, 78217 in Council District 10.
SUMMARY:
This Development Agreement facilitates the redevelopment of the subject property and will serve to reconstruct Bright Kids Daycare and Learning Center #2, an approximately 4,000 square feet in size facility. Public improvements at the site may include but are not limited to: demolition, site work, utilities, sidewalk improvements, curb cuts, exterior lighting, landscaping along the right-of-way, monument signs, improved sidewalks (10' wide), bicycle facilities, fencing that is visible from the right-of-way, and flood gauge/warning system along Thousand Oaks Drive The project has a total cost of $868,700.
BACKGROUND INFORMATION:
This redevelopment project is a childcare center located at 3939 Thousand Oaks Drive, in City Council District 10, that was destroyed by a fire in 2017. The Property is within a 100-yr. floodplain. A zoning variance was approved by Planning Commission and a flood development permit was approved by the Public Works Department which requires an elevated foundation, flood gauges, and other improvements to ensure public safety. The cost of these items are not included in the Thousand Oak Drive Improvement Project, a 2017 General Obligation bond infrastructure project, currently under construction.
ISSUE:
The Northeast Corridor TIRZ Board approved funding for public improvements for an amount not to exceed $98,500 on June 23, 2020. City Council consideration is requ...
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