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HomeMy WebLinkAboutResolution - 4217 - Agree To Accept & Maintain 2.5 Acre Park Site, Regal Park Addition - 08_12_1993Resolution No. 4217 August 12, 1993 Item #20 RESOLUTION WHEREAS, in July 1992, representatives of the Lubbock Land Company and the Parks and Recreation Department of the City of Lubbock discussed the feasibility of the development by the Company of a 2k-acre park in an area known as the Regal Park Addition to the City of Lubbock; and WHEREAS, Lubbock Land Company has agreed to develop and maintain the 2k-acre park site until October 1, 1994, and then dedicate the site as public park property if the City will assume responsibility for maintenance of the land and improvements; and WHEREAS, the proposed improvements for the park site include, among other things, a jogging track, shelter, landscaping, irrigation system, benches and security lighting; and WHEREAS, the cost of such improvements, which would be borne entirely by Lubbock Land Company, is estimated to be around $1OO,OOO; and WHEREAS, the 1991 Park Development Plan indicates there is a deficiency in the amount of park land in the quadrant of the City where the 2k-acre park would be developed; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Council hereby agrees to accept and maintain as public park property the land and improvements hereinabove generally described when completed and dedicated as park pro y the Lubbock Land Company. Passed by the City Council this i th day o August . ATTEST: etty o ns n, City Secretary APPROV TO CONTENT: ee s o n, irector Parks and Recreation APPROVED AS TO FORM: Rtbld Willard, ssistant City Attorney HW:da/AGENDA-D1/REGALPRK.res July 30, 1993