Title
Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2018-2019 Annual Budget and Amending the 2019-2023 Capital Improvements Program, to Provide Funds for Park Improvements
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
(5A: Create affordable recreational and cultural arts activities for all ages throughout the city)
(5B: Develop Parks strategy to preserve green space for future park land)
(5C: Continue to market and highlight McKinney as a unique destination for residents and visitors alike)
(5E: Develop sustainable quality of life improvements within the City of McKinney)
(5F: Maximize partnerships between the City of McKinney and private industry)
MEETING DATE: February 5, 2019
DEPARTMENT: Parks, Recreation and Open Space
CONTACT: Michael Kowski, Director of Parks and Recreation
RECOMMENDED CITY COUNCIL ACTION:
* Approval of the attached Ordinance
ITEM SUMMARY:
* This Ordinance amends expenditures in the FY2018-2019 Annual CIP Budget and the 2019-2023 Capital Improvements Program by transferring $2,000,000 from Parkland Dedication Zone 3 to the Parks Construction Fund and to set up a new CIP project - PK1906 Craig Ranch Soccer Complex and Park Improvements.
* The improvements will include the construction of a pedestrian bridge between the Craig Ranch Soccer Complex and the new linear park and trail that will be constructed with the redevelopment of the former Craig Ranch softball complex; funds for a gateway entrance feature within the linear park along Alma Road; and various improvements at the Craig Ranch Soccer Complex.
BACKGROUND INFORMATION:
* The creation of this project is generating from the public private partnership between the City and the Craig Ranch developer whereby the developer will be constructing, at their cost, a linear park and trail that will extend from Alma Road east to the creek line.
* This park will also include an entry monument feature within the park and adjacent to Alma R...
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