Item 4G
Resolution No. 15-006 and 380 Agreement with Strode Property Co. for Kimball Oaks
Item 4G
Presentation Overview
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E SOUTHLAKE BLVD
CISD Eubanks Intermediate School and Dawson Middle School.
S KIMBALL AVE
Kimball
Crossing
Chik-Fil-A
Project Overview
4
13.86 acres
123,100 sf
102,100 retail
21,000 restaurant
PGA Tour Store
Annual Tax Revenues
5
Development Costs – Public Assets
6
Village Center South
Existing CISD Drive
S. Kimball Ave
New Drive Connection
Actuated Crosswalk
Location TBD
New Median Break
S-Bound VCS Decel Lane
Remove Drive Connection
Extend Median
New 8-inch Water Line
Summary of project advantages
Fees eligible for reimbursement
Council Directive
$197,092 Project Reimbursement
Improvements Meet 2030 Master Thoroughfare Plan
Meets Strategy C2 – Provide Travel Convenience
Meets Strategy F2 – Invest to Provide High Quality Public Assets
Meets EDB2 – Manage Incentive Programs to Attract and Retain High Quality Businesses
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Contact:
Shannon Hamons, 817-748-8037