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Item 5DItem 5D: Approval of SPDC Matching Funds Request for Safety Town Architectural Design SPDC Matching Funds Request SDCA matching funds request in the amount of $9,000 Professional services for planning and design of Bicentennial Park Safety Town ($7,500, with $1,500 for reimbursables) Professional services total of $18,000 Based on an estimated construction value of $277,000 Professional services to be performed by Schrickel, Rollins and Associates Schrickel, Rollins is currently providing professional services for the master planning and schematic design of Bicentennial Park Allows for coordination and continuity Essential to on-going fund raising and sponsorships SPDC Matching Funds Request If approved, in general will allow for: preliminary planning and site design architectural services and cost estimates Cost for professional services represents 5.4% of construction budget. Substantial reduction from typical fees Fiscal Year 2005-06 SPDC Matching Funds in the amount of $200,000 are budgeted Two allocations to date: $8,500 for BooBoo’s Buddies concrete work at the dog park $25,000 to Southlake Baseball Association for Bicentennial Park west side schematic design If approved in the amount of $9,000, an unencumbered balance of $157,500 would remain Parks Board recommended approval (8-0) at their August 14, 2006 meeting SPDC will consider at their September 5, 2006 meeting immediately prior to City Council Staff available for questions and seeks Council direction