Item 4E
SPDC Matching Funds Request 2013 Leadership Southlake Class
Item 4E
Approval of:
SPDC Matching Funds request for a 100% match of a cash contribution towards the development of signage for the BJNCP
Requested Action
Background Information
Leadership Southlake
Southlake Chamber of Commerce
Training for Southlake business executives
Comprehensive look inside Southlake
Goal of project to leave legacy for Southlake
2013 Class chose Bob Jones Nature Center & Preserve
Background Information
Class worked w/Director Chris Tribble & Bob Jones Nature Center Board on project
SPDC Matching Funds Policy:
CS Director & Park Board recommends project based on policy criteria
SPDC & City Council considers funding aspects of the project
Decision should be based on…
Is the project consistent with the overall intended use of Bicentennial Park as per adopted Southlake 2030 PROS/CF Master Plan?
Does it meet SPDC Matching Funds Project Evaluation criteria?
Linked to City’s Strategy Map and Focus Areas
Related to current funded CIP project and 5-yr CIP
Benefit Southlake residents
Enhance current parks and recreation system asset
Assist with acquisition of a capital purchase
Has useful life of at least 5 years
Accelerates completion of CIP or PROS/CF Master Plan project
What’s the Overall Benefit to Southlake residents?
Return
SPDC Matching Funds Budget
Current Available Balance $379,506
(No matching funds for FY 2013 to date)
Leadership Southlake Request -$ 25,000
Balance $ 354,506
Financial Considerations
Board / Council Review
Park Board recommended (5-0) April 8, 2013
SPDC & City Council to consider April 16, 2013
Questions?