Item 4J Audiof - - TTY 01
SOUTHLAKE
Requested Action
CC ratification of purchase of 2.463 acres located
at 570 East Dove Road for park expansion
Location Map
City of Southlake Strategy Map
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Background
• 2030 PROS /CF Master Plan recommendation
— "explore and evaluate the purchase of properties adjacent to
Liberty Park at Sheltonwood" for park expansion
• Mr. Shelton agreed on
purchase price & preferred
to close by end of year
• Purchase completed 12131
• Requires Council ratification 1115
5
Financial Consideration
Funding for purchase available in
SPDC reserves which will require a
budget amendment at mid -year
Legal Review
• City Attorney prepared contract
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CITY 01
SOUTHLAKE