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Item 4B AudioPW CITY OF SOUTHLAKE Item 4B Lease Agreement for Grazing on City Park Property cl Requested Action City Council renewal of a lease agreement with Tommy Keeton for grazing on approximately 4.5 acres of undeveloped City park property E ick • • • The City of Southlake provides municipal services that support the highest quality of life €or our residentsand businesses. We do this by delivering outstandingvalue and unrivaled quality in everything that we do. a Cl Achieve th. Att [ Prvlda iravel C3 Provide attraeNve rA ran and keep t nvanience vdthin a ndunlquespacesno businesses to drives for partnarshity and region enioyment of perso 1 dynamic and usttnlJrable inter volunteer security ests economic enf involve Achieve best- 112 Collaboretewlth 63 Enhance resident 94 Provide high nc select partnersto quality of life and quality customer Perot B6 l ze lass statusm all disci lines implement service business sustalnabllity, service dellivery ivery annd p solutions thrmugh tourism operational processes use use o off technology Adhere to financial �� F2 invest ■ ■yy F3 Achieve fiscal F4 Establish nagement principles maintain wellness standards maintain and effective and budget pubikass.a Internal controls L f OEM ur people L2 Enhance , _....:... L4 Recognize Ls Empower _ ' under andthe leadership davePop and Informed ret�inaskigad e d d ecision- decision- "d r Infor I /I ' I o 3 City -owned Undeveloped Property The grazing lease is for approximately 4 acres of undeveloped park land along the southeast corner of Lonesome Dove Road and Foxfire Lane and is typically referred to as the Coker property. 0 Approximately 4.5 acres of a mixture of pasture /low level vegetation land along eastern boundary of City (Lonesome Dove and Foxfire) Benefits of Lease Agreement • Cost effective method of maintaining City property ✓ No staff time required for maintenance ✓ No impact on City equipment or supplies ✓ Estimated cost saving of $2,000 annually The land is primarily covered in grass and shrub and was purchased for future park access to the adjoining US Army Corps of Engineers property. Grazing on the undeveloped land provides a cost effective method of maintaining the property without utilizing staff time or City equipment. Estimated annual saving savings are approximately $2,000. 5 Terms of Lease • Lease term July 31, 2012 — July 31, 2014 • Previous grazing leases: 2010 -12 Tommy Keeton 2008 -10 William and Peggy Ihnfeldt 2006 -08 Gary and Laurette Yates • Two -year lease with opportunity to terminate with sixty days written notice • Tenants accept property in existing condition The proposed lease would be for a two -year term with the opportunity to terminate at any time with 60 day written notice. The present tenant, Mr. Tommy Keeton, would be responsible for accepting the property in its present condition, mowing and maintaining the premises in a good, safe condition and vacating the premises upon termination of the lease. 0 Financial Consideration The City saves the cost of mowing and maintaining approximately four acres of undeveloped land during the course of the 2yr lease. The savings is realized in: • Staff time — 2 staff x 1.5 hrs per mowing session x 24 mowings • Staff commute time to mowing site • Reduced impact on equipment and supplies • Estimated cost savings is approximately $2,000 annually 7 Citizen 1 Board Input • Lease agreement reviewed by City Attorney • Parks Board recommended approval (5 -1 -0) July 9, 2012 meeting City Council consideration August 21, 2012 CITY 01 SOUTHLAKE 9