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HomeMy WebLinkAboutORD 2026-065• on ### Y y ST WHEREAS, the City Council of Grapevine desires to develop 23.2 acre Settlers Park. Project elements include the expansion of •ncrete multi-purposeand boardwalk/fishing pier, construction of an outdoor education/primitive camping area, kayak r pavilion/gathering areas, and installation of nativelandscaping, ! ri• site furniture, trail lighting, necessary site utilities and a permanent facility with ADA parking spaces and accessible route into the park. WHEREAS, funding for this project ! r • portion ! approved Grant Agreement with the Texas Parks and Wildlife Department funded through the National Park Service under the authority of the Land and Water Conservation Fund Program and the Texas Parks and Wildlife Department Habitat ! Angler Access Program; and WHEREAS, portion of the project• from the Tax Incremeni Financing District 1 Fund;and WHEREAS, approval of this ordinance will make funds available for the total Settlers Park Improvements Phase 11 project in the amount of $3,412,517,05 in the Tax Increment Financing', • WHEREAS, all constitutional and statutory prerequisites for the approval of the ordinance have • ,r met, including but • • to the Open! and WHEREAS, the City Council deems the adoption of this ordinance is in the best interests of the health, safety, and welfare of the public. THEREFORE, BE IT ORDAINED Y THE CITY COUNCIL OFT E CITY OF GRAPEVINE, TEXAS: Section! herein above are true and correct and are incorporated by !i ei in their entirety. Section 2. That the City Council hereby authorizes an increase in estimated receipts in the amount of $1,000,000 in Tax Increment Financing District 1 Fund based on approval of the Recreation Grants Non -Urban Local Park Grant Program ($750,000) and approval of the Habitat and Angler Access Program ($250,000). Section 3. That the City Council authorizes the appropriation of $3,412,517.05 in Tax Increment Financing District 1 Fund for expenditures associated with the Settlers Park Phase 11 project. Section 4. That this ordinance shall take effect immediately upon passage by the City Council of the City of Grapevine pending concurrence from the Texas Parks and Wildlife Department. Section 5. The fact that the present ordinances and regulations of the City sif Grapevine, Texas are inadequate to properly safeguard the health, safety, morals, peace and general welfare of the public creates an emergency which requires that this ordinance become effective from and after the date of its passage, and it is accordingly so ordained. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVI N E, TEXAS on th is I st day of September 2026. APPROVED. - Mayor AD)Ieln Tara Brooks City Secretary Matthew C.G. Boyle City Attorney Ordinance No. 2026-065 2