In accordance with Council approved Ordinance 2014-121, the City of Houston entered into an Interlocal Agreement with the Old Spanish Trail/Almeda Corridors Redevelopment Authority (the Authority) to provide funding from a $1 Million grant awarded to the Houston Parks and Recreation Department for the redevelopment of historic Emancipation Park located at 3018 Dowling. The Authority and the City of Houston, with funding from other grants as well as voter approved park bond funds, is nearing completion of the Park redevelopment. A grand opening is scheduled for November 12, 2016.
In accordance with Council approved Ordinance 2015-1241, HPARD applied for and was awarded a second TPWD grant in the amount of $1.5 Million for additional improvements to Emancipation Park.
HPARD now recommends City Council approve the First Amendment to the Interlocal Agreement between the City of Houston and the Authority to increase the maximum contract capacity by an additional $1,250,000 from the second TPWD grant. If Council approves the First Amendment to the Agreement, the contract capacity will be increased from $2,273,658 to $3,523,658 to provide additional funding for the Emancipation Park redevelopment project.
During the term of the Agreement, the City will reimburse the Authority for TPWD grant-eligible Project costs on the basis of invoices approved by the HPARD Director. Upon completion of the Project, the Authority will provide HPARD with an accounting report that itemizes the Project costs in accordance with the Agreement.
Estimated Fiscal Operating Budget
Recurring or One-Time One-Time
|
Fund Name
|
FY17
|
FY18
|
FY19
|
FY20
|
FY21
|
FY17-21
|
|
STATE-GRANT FUNDED
|
$1,250,000
|
$0
|
$0
|
$0
|
$0
|
$1,250,000
|
|
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Total
|
$1,250,000
|
$0
|
$0
|
$0
|
$0
|
$1,250,000
|
Director's Signature:
______________________________________