From
Linda Townley
Title
Acquisition of property for extension of Fish Creek Linear Park
Presenter
Rick Herold, Director of Parks, Arts and Recreation
Recommended Action
Approve
Analysis
Fish Creek Linear Park was planned to be a continuous trail linkage extending from the Arlington/Grand Prairie corporate boundary to the city limits of Dallas. Three phases of development are complete and in place consisting of 110 acres and 2.3 linear miles of multipurpose trail.
In 2007, negotiations were begun for a tract of land adjacent to Matthew Road. Concurrently, design plans were initiated for linear park development on this tract which would allow connection to the existing trail and planned parking lot to be developed as part of the Lake Ridge Parkway extension.
The tract was subsequently acquired by Texas Midstream, a subsidiary of Chesapeake Energy. Land negotiations were stymied due to gas drilling issues at that time.
Recently, staff found a willingness of Texas Midstream representatives to negotiate with the City to disperse of the tract. The 8.02 acre tract was appraised at a value of $139,302. Texas Midstream is also proposing to donate 2.346 acres.
The acquisition provides a direct connection and continuation of linear park development and staff recommends acquisition of the property.
The project was presented and approved by Finance and Government Committee on November 3, 2015.
Financial Consideration
Funding is available from the Street Capital Projects Fund (400192) WO #05503903 (Fish Creek Bike Pedestrian Path) 68610 (ROW/Easement/Land Purchase).