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1999-02-22 C SOUTHLAKE PARKS DEVELOPMENT CORPORATION MEETING LayFebruary 22, 1999 MINUTES Board Members Present: President Scott Martin; Members: Ralph Evans, Robin Jones, Ronnie Kendall, Norm Lyons, Rick Stacy, and Bethann Scratchard Staff Present: City Manager Curtis E. Hawk, Director of Community Services Kevin Hugman, Park Planning and Construction Superintendent Ben Henry, Administrative Assistant John Eaglen, Director of Finance Lou Ann Heath, Financial Consultant Jim Sabonis, and Secretary to the City Manager Kim Bush. Agenda Item No. 1, Call to order. The meeting was called to order by President Scott Martin at 6:10 p.m. Agenda Item No. 2, Executive Session. President Martin announced that the Board would be going into Executive Session pursuant to the Open Meetings Act, Chapter 551 of the Texas Government Code, Section 551.072, land acquisition. SPDC adjourned for Executive Session at 6:10 p.m. L,,.r SPDC returned to open session at 6:40 p.m. Agenda Item No. 3. Reconvene. Motion was made to authorize staff to enter into a contract in an amount not to exceed $45,000 per acre for property located near Bob Jones Park. Motion: Kendall it Second: Scratchard Ayes: Evans, Jones, Kendall, Lyons, Martin, Scratchard, Stacy Nays: none Approved: 7-0 Motion was made to authorize staff to enter into a contract to purchase the 70 acres as discussed in executive session. Motion: Kendall Second: Jones Ayes: Evans, Jones, Kendall, Lyons, Martin, Scratchard, Stacy Nays: none Approved: 7-0 Ly Agenda Item No. 4. PUBLIC FORUM. There were no comments from the audience during public forum. MINUTES, SPDC MEETING, FEBRUARY 22, 1999, PAGE 1 of 4 I I .r CONSENT AGENDA. 5A. Approval of regular SPDC meeting minutes for January 25, 1999. 5B. Approval of request from Southlake Girls Softball Association for $5,000 in matching grant funds. SGSA is requesting $5,000 under the Southlake Park Development Corporation matching grant program. The Park and Recreation Board approved, at their regular meeting on February 8, 1999, a recommendation that SPDC match funding of $5,000. SGSA is proposing to construct two batting cages with the funds. Motion was made to approve consent agenda items #5A and #5B. Motion: Scratchard Second: Evans Item #5A: Ayes: Evans, Jones, Kendall, Lyons, Scratchard Nays: None Abstained: Stacy, Martin Approved: 5-0-2 Item #5B: Ayes: Evans, Jones, Kendall, Lyons, Martin, Scratchard, Stacy Nays: None Approved: 7-0 Agenda Item No. 6A. Change Order #1 to American Tennis Court Contractors for change in surface materials for tennis courts at Bicentennial Park. Director of Community Services Kevin Hugman presented to the Board Change Order #1 for an additional $13,000 for two coats of acrylic resurfacer in addition to current surfacing specifications for tennis courts under construction. Mr. Hugman explained that the additional surfacing would provide a better playing surface, extend the surface life, enrich the color, and help reduce maintenance. Mr. Hugman commented that staff is reviewing potential deduct change orders for a material change for all handrails. This deduction would be approximately $6,000 - $7,000. Mr. Hugman also stated that any additional cost of this Change Order can be funded from the $60,000 currently allocated to Lonesome Dove Park. Motion was made to approve Change Order #1 to American Tennis Court Contractors for change in surface materials for tennis courts at Bicentennial Park. Motion: Stacy Second: Lyons Ayes: Evans, Jones, Kendall, Lyons, Martin, Scratchard, Stacy MINUTES, SPDC MEETING, FEBRUARY 22, 1999, PAGE 2 of 4 1 C Nays: None E. Approved: 7-0 +.r Agenda Item No. 7A. SPDC bond projects and presentations to financial rating agencies. tothe Board a list ofpark projects to be funded bythe bond proceeds. Director Hugman handed out o He stated that basically these projects are those identified in the 5-year CIP for fiscal year 1999 and fiscal year 2000. He stated that projects include: $2.3 million for land acquisition of which $450,000 was a transfer to liquidate notes on the Bob Jones Park properties; $1.9 million park development projects for Bicentennial and Bob Jones parks, community parks and teen center; and, $170,000 in matching funds and special projects for a total of $4.4 million for FY1999 and $1.5 million in FY2000. The difference between the total project costs of approximately $6 million and the bond proceeds is the operating fund transfer, interest earnings, and the grant proceeds. Director of Finance Lou Ann Heath handed out to the Board an agenda for the bond rating presentation. She stated that booklets will be prepared for each agency (Moody's and Standard and Poors) which will include maps, pictures, projected sales tax and tax history, etc. She anticipates the presentation to the agencies will be some time during the later part of March. The presentation will include what SPDC has accomplished and what SPDC wants to accomplish with the proceeds. Scott Martin commented that he looks forward to participating in the meetings with the bond rating companies. Lb .r Agenda Item No. 7B. Financial Report/Budget. Director Heath handed out an updated sales tax report. Ms. Heath commented that SPDC sales tax collections are on target with projections. She explained that the impact of sales tax collections at Town Square should show up around June. Agenda Item No. 7C. Status Report of SPDC Projects. ��rr Scott Martin asked whether or not there has been a delay due to the dilemma with getting clear title on properties for the grant applications. Ben Henry commented that close to a year has passed since the grant would have taken effect due to the problems of securing title to some properties. Director Hugman commented that they have discussed this problem with the grant agency, and they agreed to give an extension beyond what is normally given. Mayor Stacy asked whether the soccer fields at Bob Jones Park were being used. Ben Henry commented that all of the fields are not being used since staff was not able to proceed with sodding as planned. He explained that soccer playing will continue on the adult fields that were hydromulched. Scott Martin asked about the selection of the architect for the hockey cover. Ben Henry explained that the hockey association is reviewing the list. He expects that they are close to narrowing down Lthe selection. Staff will then bring forward a conceptual design/cost to the Board and get direction on how to proceed with the project. MINUTES, SPDC MEETING, FEBRUARY 22, 1999, PAGE 3 of 4 I Robin Jones stated that the Teen Center committee was hoping there may be a chance that the architect looking at this project could also look at the teen center project. Mr. Martin commented that .100'we would need to make sure the qualifications of the architect would be appropriate for both types of projects. Agenda Item No. 8. Adjournment. Motion was made and carried to adjourn the meeting at 7:00 p.m.. President Scott Martin ATTEST: I Kim ush Sec etary to the City Manager 41° C I C I L. MINUTES, SPDC MEETING, FEBRUARY 22, 1999, PAGE 4 of 4