1986-11-19CITY OF SOUTHLAKE
PARK AND RECREATION BOARD MEETING
November 19, 1986 - 7:00 pm
Present: James Arnold, Tom Walker, Ann Barnes, Aloha Payne,
and Betty Springer. Bill LeGrand, David McMahan, and Johnny
Westerholm.
Absents Phillip Bressinck, Freddy Cate. (Dan Tanner and
Bill LaFavers have verbally resigned.)
The meeting was called to order by James Arnold. The
minutes of the September 10, 1986, meeting were approved.
The minutes of the November 12, 1986, meeting were approved
with an amendment indicating the acreage near the new
elementary school should read 43 acres instead of 3 acres.
Copies of a pictorial presentation of the Mary Stone Myers
property on Carroll Road were distributed. Also, photos of
the building the Lions Club proposes to place in
Bicentennial Park were passed out.
Discussion then followed regarding the Mary Stone Myers
property. Phillip Bressinck, Aloha Payne, Ann Barnes, Tom
Walker, and Betty Springer have all personally examined the
property recently and felt it deserved serious consideration
by the city for a future park. Discussion of the Lions Club
building followed. Several board members expressed concerns
about the condition of the building and the amount of repair
work necessary to bring it up to safety standards. It was
agreed by the Park Board that we would like to have the
Lions Club provide us with a work schedule indicating what
work was to be done and an estimated time table for
completion of the various phases. David McMahan indicated
he would be attending a Lions Club board meeting later that
evening and would pass along our concerns and our request
for a work schedule.
Aloha Payne had gotten population growth figures from the
city which indicated the following:
1982-3200 1983... 3600 1984... 4300
1985... 4600 1986 ... 5100 1987... nya
eok Various maximum population figures have been discussed over
*4w the past months, but David McMahan felt 25,000 would be a
reasonble max. estimation.
David indicated he would like us to review a number of
properties and rate them according to size, prize, terms,
IEZIF-qq
possibilities, etc. Phillip Bressinck has already started
on such a listing.
The Board then indicated to Bill LeGrand that we felt the
following priority list was reasonable for work on the
existing park: Grading and paving parking lot; sidewalks
around concession stand; sprinkler system; seed and sod; and
playground completion.
Betty Springer stated she felt we should commend Paul
Ibarra, the parks department employee, for his fine work.
The Board agreed.
No meeting was set for December.
at 8:15 Pm.
Respectfully submitted:
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The meeting was adjourned
Approved by Board:
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"BRIDGE BEND"
38.6 NAURAL ACRE
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DETAIL INFORMATION
38.6 ACRES @ $24, 000.00 PER ACRE ('e'2 " 0_0 i)
.-$9-2&T4-90-:-08--
LOCATION Approximately 3/tenths mile north of Highway 114,
on North Carroll Ave., immediately across the street
from Jack D. Johnson Elementary School. /
TOPOGRAPHY A portion of the property lies within the 100 year
flood plain.
The terrain is essentially level and should lend
itself well to athletic field development.
Picturesque creek, shaded with old native trees,
winds its way through the property, which is
remarkably suited for nature trails, jogging,
picnicking, and other recreational activities.
IMPROVEMENTS Approximately 30 year old brick veneer residence
with 3 bedrooms, and T shaped living/dining/den
combination. Bath one in master suite, bath two
between two bedrooms, and a third bath opening into
two car garage.
This spacious residence is well arranged for non-
residential uses. The 4pacious T shaped living
area will accommodate sizable meetings; the three
bedrooms may be utilized for office space; and the
garage could provide equipment storage and parking.
Roomy kitchen with eating area, plus equally large
laundry room with additional oven, sink, and
cabinet storage. Much of the attic is floored for
storage or potential internal expansion.
UTILITES All city utilites are available to the property
except sanitary sewer. Residence is now served
with LP Gas, however natural gas is available.
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HENRY S. MILLER CO., REALTORSV 740 TWO LINCOLN CENTRE, LBI50, 5420 LBJ FREEWAY, DALLAS, TX 75240-2718 (214) 458-8800
AUSTIN DALLAS EL PASO FORT WORTH HOUSTON SAN ANTONIO BRUSSELS MUNICH TELEX 73.2459
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Phillip C. Bressinck
Senior Vice President
November 18, 1986
Mr. James Arnold
Chairman
Park Board
City of Southlake
Re: Future Park
38.609 Acres
Carroll Road
Dear James:
I will be out of town for the November 19th meeting and wanted
to give my comments regarding the land referenced above.
On Saturday, November 15, 1986, myself, along with Tom Walker,
Betty Springer and Aloha Payne, met at the site and walked the
majority of the land. Later we met with Fred Joyce who owns the
property along with Mary Stone Meyers. We also went through the
existing house located on the property.
All of the Board members were in agreement that this land has
many desirable characteristics for a park and should be seriously
considered. The land is mostly flat with approximately eight acres
in the flood plain according to the owner. It was also estimated
by the owner's engineer that approximately $50,000.00 of improvements
would bring all but three acres out of the flood if desirable.
However, the flood area is mostly wooded and would be excellent for
picnic areas. The flat area would be ideal for soccer fields, base—
ball diamonds, football fields, etc. The land is large enough to
have plenty of open space, a jogging trail, tennis courts and
a community center. As an added bonus, the house on the land is
conducive to group meetings; e.g., Lions Club, Women's Club, with
only nominal modifications.
In visiting with Fred Joyce, it was determined that he is very
agreeable in working with the City. He felt that $20,000.00 an acre,
cash, would be acceptable, ($772,180), but also indicated they would
carry a short term note or possibly lease the land. He thought there
was about a $500,000.00 loan balance. My recommendation is as
follows:
INDIVIDUAL AND CORPORATE MEMBERS, INSTITUTE OF REAL ESTATE MANAGEMENT I SOCIETY OF INDUSTRIAL REALTORS I URBAN LAND INSTITUTE
AMERICAN INSTITUTE OF REAL ESTATE APPRAISERS I AMERICAN SOCIETY OF REAL ESTATE COUNSELORS I INTERNATIONAL REAL ESTATE FEDERATION
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November 18, 1986
James Arnold
City of Southlake
Page 2
Lease the land for five years for $50,000.00 a year with an
option to purchase the land at any time during that five year period
for $20,000.00 an acre. Any money paid in as rental during that
time would be applied toward the purchase price. This would give
the city the immediate use of the land and enough time to apply for
matching funds or for the City to float a bond issue. It would also
give the Lions Club and others a project and may even be a location
for the future expansion of City Hall.
Please discuss this at your meeting and let me know your
thoughts.
/vm
HAND DELIVERED
Sincerely,
Phillip C. Bressinck