SUBJECT: ORDINANCE authorizing the transfer of $5,000,000.00 from the General Fund balance to the Parks Special Fund, and then appropriating that amount out of the Parks Special Fund for the Sharpstown Community Center Project (the “Project”).
RECOMMENDATION:
City Council adopt an ordinance approving and authorizing the transfer of $5,000,000.00 from the General Fund balance to the Houston Parks and Recreation Department (HPARD) for the Sharpstown Community Center Project.
SPECIFIC EXPLANATION:
City Council approval is recommended for an ordinance approving and authorizing the transfer of $5,000,000.00 from the General Fund balance to the HPARD for Project.
City desires to develop a new state of the art 37,300 SF facility to replace the existing community center at its original location. This new two-story building will incorporate a 23,068 first floor plan with a restaurant and bar with outdoor dining area, including a full commercial kitchen and catering area. The first floor will have the community center administrative offices, a two-story grand lobby with public circulation corridor plus, a banquet hall with outdoor event area. The second-floor plan is 14,232 SF and will have a golf club lounge with bar and six golf simulator stations, as well as a fitness room and exercise equipment. The project will provide approximately 160,000 CF of storm water detention.
FISCAL NOTE:
Funding for this item is not included in the FY2024 Budget. Therefore, a Fiscal Note is required as stated in the Financial Policies.
______________________________________
Andrew F. Icken, Chief Development Officer
|
Estimated Fiscal Operating Impact
|
|
Recurring or One-Time
|
One-Time
|
|
|
|
Fund Name
|
FY2024
|
Outyear
|
Total
|
|
General Fund
|
$5,000,000
|
$0
|
$5,000,000
|
|
Total
|
$5,000,000
|
$0
|
$5,000,000
|