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Item 4DCity of Southlake, Texas C M E M O R A N D U M October 23, 2007 TO: Shana Yelverton, City Manager FROM: Steve Polasek, Director of Community Services Approve an SPDC Matching Funds request in the amount of $3,669 from the SUBJECT: Oak Pointe HOA for the purchase and installation of a pond aerator at Oak Pointe Park _________________________________________________________________________ Action Requested: Consider approval of SPDC Matching Funds Request from the Oak Pointe Homeowner’s Association in the amount of $3,669 for the purchase and installation of a pond aerator at Oak Pointe Park. Background Information: The Oak Pointe subdivision is located off of Ridgecrest, just north of Dove Road in the northern portion of Southlake. The development contains approximately 8.09 acres of public park land known as Oak Pointe Park. During the summer months, the pond within the park area becomes stagnant and algae-filled due to the lack of rainfall and circulation. The Oak Point Homeowner’s Association proposes the installation of a pond aeration fountain to improve the appearance and health of the pond while also reducing the occurrence of mosquitoes. The project would include the installation of electric service and a one (1) hp fountain with three (3) lights. Financial Considerations: Fiscal Year 2007-08 SPDC Matching Funds in the amount of $200,000 are budgeted with no allocations to date. Approval of this project in the amount of $7,338 ($3,669 match) would leave an unencumbered fund balance of $192,662. Financial Impact: Minor impact for electrical and fountain maintenance estimated at $500 or less annually. Citizen Input/ Board Review: Parks Board recommended approval (7-0) at their October 8, 2007 meeting. SPDC will consider this item immediately prior to City Council at their November 6, 2007 meeting. Legal Review: Not applicable Alternatives: Council consideration of matching funds request. Shana Yelverton, City Manager October 23, 2007 Page 2 Supporting Documents: Supporting documents include: Matching Funds Request Form Proposals to Oak Pointe Homeowner’s Association for: fountain o electrical service o Site Map Staff Recommendation: City Council approval of SPDC Matching Funds Request from Oak Pointe Homeowner’s association in the amount of $3,669 for the purchase and installation of a pond aerator at Oak Pointe Park. Shana Yelverton, City Manager October 23, 2007 Page 3 City of Southlake, Texas PROJECT MATCHING FUNDS REQUEST FORM Project Name: Oak Pointe Park pond fountain Contact Person: Michelle Swan – Oak Pointe HOA Mailing Address: 324 Oak Pointe Lane City: Southlake State: TX ZIP: 76092 Day Phone: 817-488-7641 Night Phone: 817-488-7641 email: soapgirl@fairyskinsoap.com Additional Contact Person: Day Phone: PROJECT DESCRIPTION: Addition of fountain/aerator in neighborhood park pond The pond in the public Oak Pointe Park is maintained by the Oak Pointe Homeowner’s Association. During the summer months, the pond becomes stagnant and algae-filled due to lack of rainfall and water movement, and has become a breeding ground for mosquitoes. The Association researched the situation, and obtained competitive bids for the installation of a fountain to aerate the pond as well as to make the pond more aesthetically pleasing. The low bid received for the installation of the fountain was from Lonestar Fountains, Inc. in the amount of $4,208.76. The fountain will require that electrical service be brought to the site by Tri-County Electric and from the meter to the site by Finish Line Electric. The total cost for the electric service is $3,128.65. This comes to a total of $7,337.41 The Oak Pointe Homeowner’s Association is requesting SPDC Matching funds in the amount of $3,669 for the installation of the electric service and the fountain. Proposed Start Date: December 1, 2007 Projected Completion Date: January 30, 2008 Projected Cost: $7,338 Amount of Funds Requested: $3,669 Shana Yelverton, City Manager October 23, 2007 Page 4 Area for covered picnic units Shana Yelverton, City Manager October 23, 2007 Page 5 Shana Yelverton, City Manager October 23, 2007 Page 6 Oak Pointe Park Pond