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HomeMy WebLinkAboutPRFD 2007-08-20 Minutes MINUTES OF THE NORTH RICHLAND HILLS PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION HELD IN THE CITY HALL PRE COUNCIL ROOM, 7301 NORTHEAST LOOP 820 - AUGUST 20, 2007 - 6:00 P.M. 1. CALL TO ORDER Chairman Trevino called the meeting to order at 6:00 p.m. ROLL CALL PRESENT: BOARD OF DIRECTORS: Oscar Trevino John Lewis Tim Barth David Whitson Brad Greene Tom Lombard Tracye Tipps Chairman/Mayor Council Member Council Member Council Member Citizen Member Citizen Member Citizen Member OFFICERS: Larry J. Cunningham Patricia Hutson President Secretary OTHERS PRESENT: George Staples Ogden Bo Bass Jim Starr Karen Bostic Vickie Lottice Drew Corn Mary Edwards City Attorney Assistant City Manager Interim Assistant City Manager Managing Director Administrative/Fiscal Services Parks & Recreation Director Budget Director Public Information Officer 2. APPROVAL OF MINUTES OF THE AUGUST 24, 2006 MEETING APPROVED BOARD MEMBER LEWIS MOVED TO APPROVE THE MINUTES OF THE AUGUST 24, 2006 MEETING. BOARD MEMBER LOMBARD SECONDED THE MOTION. Park Corporation Minutes August 20, 2007 Page 2 MOTION TO APPROVE CARRIED 7-0. 3. APPROVAL OF MINUTES OF THE AUGUST 28, 2006 MEETING APPROVED BOARD MEMBER LOMBARD MOVED TO APPROVE THE MINUTES OF THE AUGUST 28, 2006 MEETING. BOARD MEMBER BARTH SECONDED THE MOTION. MOTION TO APPROVE CARRIED 7 -0. 4. FDC 2007-001 REVIEW THE PARK & RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED ANNUAL OPERATING BUDGET AND RECOMMEND ADOPTION Mr. Drew Corn, Budget Director, presented a PowerPoint presentation giving an overview of the Revised 2006/2007 Operating Budget and the proposed 2007-08 Operating Budget. The proposed budget for 2007-08 is $5,599,664 and the revised operating budget for 2006-07 is $4,750,109. The revenue portion of the Operating Budget includes an increase of $326,485 in projected sales tax revenue and $400,000 in gas well bonuses and leases. Fifty percent of the gas well revenue generated from a park site developed with the %-cent sales tax will be designated for Park Development in accordance with city policy. The budget includes an increase in expenses related to engineering and design costs for the new recreation center in the amount of $500,000 and an increase in reserves for capital projects as a result of the additional sales tax and gas well revenues in the amount of $235,000. The budget also includes the continuation of the Economic Development Incentive Fund. The Board took action on the Operating Budget at the conclusion of the discussion of the proposed Annual Capital Budget. 5. FDC 2007-002 REVIEW THE PARK & RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED CAPITAL PROJECTS BUDGET AND RECOMMEND ADOPTION Ms. Vickie Lottice. Director of Parks and Recreation, presented a PowerPoint presentation recapping the history and accomplishments of the Park Development Fund and highlighting Park Corporation Minutes August 20, 2007 Page 3 the completed projects, continuing and new projects and funding for fiscal year 2007-08. The proposed 2007-08 Capital Projects budget is $1,759,285. Completed projects discussed were Ace Park, Annual Tree Planting 2007, City Lakes at Calloway Creek Study, Dr. Pillow Park, JoAnn Johnson Trail, Norich Park, Parks Infrastructure Maintenance 2007, Park and Recreation Open Space Master Plan and Tennis Center Improvements. Continuing projects discussed were Boulevard 26 Multi-Use Trail, Calloway Branch Trail Development, Central West Neighborhood Park, City Entry Sign at East Harwood Road, Davis Boulevard Streetscape, Founders and Legacy Recognition Program, J.B. Sandlin Park Improvements (drainage channel), Liberty Park Lake Phase I and II, Library Park Plaza, Little Bear Creek Trail Development and Public Art at Library Park Plaza. New projects are 2008 Annual Tree Planting, Lighting at Tipps Canine Hollow, Median and Entry Sign Improvements at Glenview and Loop 820, 2008 Park Infrastructure Maintenance, Parks and Recreation Security and Lighting Systems, Playground and Bleacher Shade Structures and Tipps Canine Hollow Additional Parking. Ms. Loftice discussed the proposed Recreation Center project expected to begin in October. The Park and Recreation Facilities Development Corporation will fund $1.1 million for engineering and design of the new facility. The remaining amount will be funded by TIF #2. The 2007/2008 budget includes $500,000 for engineering and design services with the remaining $600,000 projected for 2008/2009. Chairman Trevino asked for any further questions regarding the Operating Budget. There being no further questions from the Board, Chairman Trevino called for the motion for Agenda Item 4, FDC 2007-01. BOARD MEMBER WHITSON MOVED TO APPROVE FDC 2007-01, TO RECOMMEND ADOPTION OF THE REVISED 2006-2007 AND PROPOSED 2007-2008 ANNUAL OPERATING BUDGET TO THE CITY COUNCIL. BOARD MEMBER LOMBARD SECONDED THE MOTION. MOTION TO APPROVE CARRIED 7-0. Chairman Trevino asked for any further questions regarding the Capital Budget. There being no further questions from the Board, Chairman Trevino called for the motion. BOARD MEMBER LOMBARD MOVED TO APPROVE FDC 2007-02 TO RECOMMEND TO THE CITY COUNCIL THE APPROVAL OF THE PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED ANNUAL CAPITAL BUDGET PRESENTED TO THE PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION. BOARD MEMBER BARTH SECONDED THE MOTION. MOTION TO APPROVE CARRIED 7-0. Park Corporation Minutes August 20, 2007 Page 4 6. ADJOURNMENT After closing remarks by City Manager Cunningham and Chairman Trevino, the meeting was adjourned at 6:54 p.m. ATTEST: ~cÙ~ atncla Hutson - Secretary