Agenda - City of Dallas

Exhibit A - TOD TIF District
FY 2011 Annual Report
needed for right-of-way - Revenue: $18,172 plus the $20 ordinance publication
fee. (Related to potential Veteran’s Place project).
• On June 22, 2011, the City Council passed Resolution Number 11-1759
authorizing an amendment to Resolution No. 10-2771, previously approved on
October 26, 2010, to increase the loan amount by $300,000 on an existing
Chapter 380 economic development forgivable loan with Sapphire Road
Development, LLC for the acquisition of improved and unimproved properties,
located along the Lancaster Corridor Neighborhood Investment Program Area,
including associated closing costs, relocation, environmental remediation,
demolition, and/or predevelopment costs for the purpose of constructing
residential, retail, commercial, or mixed-use redevelopment as part of the
Economic Development Plan for the area - Total not to exceed $300,000, from
$4,000,000 to $4,300,000 - Financing: 2006 Bond Funds. (Related to potential
Veteran’s Place project).
• On August 10, 2011, the City Council held a public hearing and passed
Ordinance Number 28301 granting a Planned Development District for mixed
uses on property zoned a CR Community Retail District and an R-7.5(A) Single
Family District on the northwest corner of South Lancaster Road and Atlas Drive
Recommendation of Staff and CPC: Approval, subject to a development plan and
conditions Z101-203(MG). (Related to potential Veteran’s Place project).
• On August 10, 2011, the City Council passed Resolution Number 11-2008
authorizing acquisition from Premier Place of Dallas, L.P. of approximately 3,798
square feet of land located near Twin Sixties Drive and U.S. 75 Central
Expressway for Katy Trail Phase VI Project - Not to exceed $268,000 ($265,000
plus closing costs and title expenses not to exceed $3,000) - Financing: 2006
Bond Funds.
• On August 24, 2011, the City Council passed Resolution Number 11-2197
authorizing (1) an increase in the contract with JRJ Paving, L.P., for the
construction of Katy Trail, Phase III from McCommas Street to Sandhurst Street
in an amount not to exceed $95,020, from $809,298 to $904,318; (2) the receipt
and deposit of funds from the Texas Department of Transportation in an amount
not to exceed $76,016; and (3) an increase in appropriations in the amount of
$76,016 in the Capital Projects Reimbursement Fund - Total not to exceed
$95,020 - Financing: 2003 Bond Funds ($19,004) and Capital Projects
Reimbursement Funds ($76,016).
• On August 24, 2011, the City Council passed Resolution Number 11-2203
authorizing acquisition from American Fund US Investment LP of approximately
280 square feet of land located near Mockingbird Lane and the DART Light Rail
for the Katy Trail Phase VI Project - Not to exceed $23,280 ($21,280 plus closing
costs and title expenses not to exceed $2,000) - Financing: 2006 Bond Funds.
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