HomeMy WebLinkAboutCity Council Resolutions (R-98-1386)-07/07/1998
RESOLUTION R-98-1386
A RESOLUTION APPROVING GRANT PRIORTIES FOR KIMZEY PARK
WHEREAS. the City Council supports the development of the Kimzey Park Master Plan.
WHEREAS. the City Council supports the Texas Parks and Wildlife Department (TPWD)
grant submission for the development of Kimzey Park.
NOW. THEREFORE. BE IT RESOLVED BY CITY COUNCIL OF THE CITY OF
COLLEVYILLE. TEXAS:
Sec. 1.
Sec. 2
THAT the City Council approves the priorities for Texas Parks and Wildlife
Department (TPWD) grant submission for the development of Kimzey Park
in the amount of $550,000. (Exhibit D).
THAT the City Council approves the decision of the Board of Directors of the
Colleyville Economic Development Corporation that an additional $50,000
for FY98 be allocated from the fund balance of the Colleyville Economic
Development Capital Improvement Program (EDCIP) for the development of
Kimzey Park. (Exhibit E).
AND IT IS SO RESOLVED.
PASSED BY A~OTE OF 3\ AYES, J NAYS, AND () ABSTENTIONS ON
THIS THE 7~ DAY OFU~J~I 1998.
/
ATTEST:
;J~
CITY OF COLLEYVILLE
9~~
J n Harris, TRMC, CMC
City Secretary
Richard Newton
Mayor
_ Carter. Burgess
EXHIBIT D
ESTIMATE OF PROBABLE COST
PROJECT NAME: KIMZEY PARK PROJECT NO: 971473020
ESTIMATED BY: DATE: 7-1-98
PAY BID UNIT FUNDING
ITEMS DESCRIPTION OF ITEMS QUANTITY COST REQUEST TOTALS
I BackstoD I $2.000 $2 000
2 Kiosk 1 $15,000 $15,000
3 Picnic Table 0 $1.200
4 Boardwalk 60 $200 $12.000
5 Trail Markers 0 $800
6 Half Court Basketball 1 $17,000 $17,000
7 Sand Vollevball I $10.000 $10,000
8 Horse Shoes 1 $2,000 $2,000
9 Four Square 1 $2.000 $2 000
10 Plavground 1 $100.000 $70.000
11 Benches 0 $650
12 Pavilion I $50.000 $40 .000
13 Overlook/Pier I $30.000 $25,000
14 Park Siro 0 $5 000
15 6' Sidewalk in Dark 3.200 $21 $67.200
16 8' Sidewalk extension 0 $25
17 Paver Accents 4 $750 $3.000
18 Hi~h Retainin~ Walls 28 $180
19 Low Walls 400 $100 $4000
20 Bike Rack 0 $1,200
21 Large Trees 70 $400 $28,000
22 Accent Trees 60 $250 $15,000
23 Hydroseed 180.000 $0.25 $45.000
24 Irrigation 269.034 $0.25 $67.258
25 Waterfall Area 0 $10 000
26 Demo I $10 000 $10000
lI.eEl
cr-a Carter. Burgess
PROJECT NAME: KIMZEY PARK PROJECT NO: 971473020
ESTIMATED BY: DATE: 7-1-98
PAY BID UNIT FUNDING
ITEMS DESCRIPTION OF ITEMS QUANTITY COST REQUEST TOTALS
27 Dredl!in!! Pond 0 $45.000
28 Additional Parkin!! 0 $20.000
Sub-total $434.458
15 % Contin!!encv $65.169
Sub-total $499.627
Emrineerinl! $49,963
Total Estimated Proiect Costs $549 589 $ 549.589.00
City Fundin!! 250000 $250,000 $250,000
Donation 50000 $50.000 $50.000
Total Contributions 300000 $300,000 $300.000
TP&W MatchinJ?: 300000 $300 000 $300.000
Total Available Funds 550000 $550.000 $550.000 $ 550,000.00
,eEl
'ill\e 2 r'
EXHIBIT E
COLLEYVILLE ECONOMIC DEVELOPMENT COPRORATION 01-Jul-98
ECONOMIC DEVELOPMENT CAPITAL IMPROVEMENT PROGRAM FY 1998 - FY 2002 EXHIBIT E
FISCAL YEAR 1997 1998 1999 2000 2001 2002
BEGINNING FUND BALANCE $0 $301,778 $22,255 $97,821 $211,692 $366,443
~_J1~~~;~~~~~ilil~~;~ill~~~1~ill*~~~~~~~;~~j~~~;illm~~~;~~~;j~lli1~~~~~~~~~~~~~~;~~~;~ill;~~~l
PROJECTED 1/2 CENT SALES TAX REVENUE $430,844 $777 ,426 $850,397 $926,933 $1,010,357 $1,101,289
INTEREST INCOME $200,000 $150,000 $50,000 $30,000 $30,000 $30,000
USE OF FUND BALANCE $0 $275,000 $0 $0 $0 $0
REMAINING FY 97 BOND PROCEEDS * $0 $50,000 $300,000 $150,000 $0 $0
TOTAL REVENUES $630,844 $1,252,426 $1,200,397 $1,106,933 $1.040.357 $1,131,289
_...~~~~iliili~~ili~ili~~~~~1~~~iliilittili~1ililli~~~I~ili~mili~tm~t~~iililliili;~~
OPERATING:
ADMINISTRATIVE $7,400 $7,400 $7,400 $7,400 $7,400 $7,400
1997 DEBT SERVICE & 1.4 TIMES COVERAGE $313,037 $503,096 $692,432 $685,661 $678,206 $676,808
CAPITAL:
BRANSFORD PARK PLAN * $375 $7,125 $0 $0 $0 $0
BRANSFORD PARK RESTORATION $0 $55,000 $50,000 $0 $150,000 $0
CITY ENTRANCE MARKERS $0 $200,000 $0 $0 $0 $0
CITY HALL PLAN $0 $0 $0 $0 $50,000 $0
CITY TRAILS PLAN $0 $20,000 $0 $0 $0 $0
COMMUNITY CENTER STARTUP $0 $200,000 $50,000 $0 $0 $0
KIMZEY PARK PLAN $2,829 $9,571 $0 $0 $0 $0
KIMZEY PARK DEVELOPMENT $0 $50,000 $50,000 $150,000 $0 $0
LIBRARY STARTUP * $0 $0 $150,000 $150,000 $0 $0
MC PHERSON LAND PARK PLAN * $0 $50,000 $100,000 $0 $0 $0
PARK DEVELOPMENT PLAN $0 $0 $0 $0 $0 $0
RESTROOMS FOR EXISTING PARKS $5,425 $154,757 $25,000 $0 $0 $0
TOTAL EXPENDITURES $329,066 $1,256,949 $1,124,832 $993,061 $885,606 $684,208
EXCESS REVENUES OVER EXPENDITURES $301,778 ($4,523) $75,565 $113,872 $154,750 $447,081
ENDING FUND BALANCE $301,778 $22,255 $97,821 $211,692 $366,443 $813,524
* THE REMAINING 1997 BOND PROCEEDS ($500,000) ARE ALLOCATED TO BRANSFORD PARK ($50,000 - FY 1999),
LIBRARY START-UP ($300,000 FY 1999 & FY 2000), AND MC PHERSON PARK ($150,000 FY 1998 & FY 1999)