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File #: 22-0443    Name: Land Purchase for Parks Use
Type: Agenda Item Status: Consent Item
In control: City Council Regular Meeting
On agenda: 5/17/2022 Final action:
Title: Consider/Discuss/Act on the Purchase and Sale Agreement of 3.198 Acres of Land, Located South of Bloomdale Road and West of Community Avenue
Attachments: 1. Agreement, 2. Exhibit
Title
Consider/Discuss/Act on the Purchase and Sale Agreement of 3.198 Acres of Land, Located South of Bloomdale Road and West of Community Avenue

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)
(5E: Develop sustainable quality of life improvements within the City of McKinney)

MEETING DATE: May 17, 2022

DEPARTMENT: Parks and Recreation

CONTACT: Michael Kowski, Director of Parks and Recreation

RECOMMENDED CITY COUNCIL ACTION:
* Approval of the Agreement.

ITEM SUMMARY:
* This agenda item will authorize the purchase of 3.198 acres of high and dry land as well as acceptance of a donation of 10.035 acres of floodplain for parks and recreation purposes. In total, the amount of land acquired will be 13.233 acres.

* The agreed upon purchase price for the land is $330,846.

* This acreage is located south of the new Bloomdale road/bridge extension and just west of Community as well as being adjacent to 8.181 acres of City owned parkland.

* This land will be used for a trail head/neighborhood park/hike and bike trail connection.


BACKGROUND INFORMATION:
* This land is planned to provide neighborhood park and recreation for the adjacent neighborhoods as well as provide a key connection for the overall hike and bike trail system.

* The design of this park is being identified as a new project in this upcoming 2023 budget. No design firm has been selected yet.

* The landowner's development representative is also working on a multi-family development in this same vicinity. A portion of the parkland fees that have been paid with this development are being used for the purchase of the parkland.

* At the landowner's request, the Agreement includes a provision that the City will consider naming the trail head/park after the Reed family, longtime owner...

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