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11.16.2011 Town Council Minutes Specialf 1 I)SPER 'OWN tU 1' P Pro,,,/,er is a place where eivryotre matters. Call to Order / Roll Call. MINUTES Special Meeting of the Prosper Town Council Town of Prosper Municipal Chambers 108 W. Broadway, Prosper, Texas Tuesday, November 16, 2011 at 6:00 p.m. Mayor Smith called the meeting to order at 6:00 p.m. Council present included: Mayor Ray Smith, Mayor Pro -Tem Kenneth Dugger, Dave Benefield, Danny Wilson, Curry Vogelsang Jr. and Jason Dixon. Council Member(s) absent: Deputy Mayor Pro -Tem Meigs Miller Staff present included: Amy Piukana, Town Secretary; Hulon Webb, Director of Development Services; Wade Harden, Parks & Recreation Manager; Matthew Garrett, Finance Director. 2. Consider and act upon proposed park fee and dedication credits for the 188 acre mixed use development on the northwest corner of Dallas Parkway and US 380 as requested by Athlos Prosper Fund, LP. Development Director Hulon Webb introduced Joe Drysdale representing Athlos who briefed Council regarding the project. He noted these developments would be separated into three Phases with the priority being in the Parks and Recreation Open Space Master plan which will include a future Hike and Bike trail, Sand Volleyball Court, Dog Park, Splash Park(s), Playground(s), Basketball Court(s), Tennis Court(s), Skate Park, and an Amphitheatre. After discussion, Mayor Pro Tem Dugger made a motion to approve the expenditures of approximately $17.71 million by Athlos for park improvement concepts as outlined in the Estimated Project Costs attachment and a combination public and private park land of 22.74 acres of park land, with a minimum of 21.08 of these acres being for public use, to fulfill 100% of the park land dedication and improvement fee requirements for the development to be further outlined in the Development Agreement. Motion seconded by Council Member Vogelsang. Motion approved by vote of 6-0. 3. Adjourn -Mayor Pro Tem Dugger made a motion to adjourn. Motion seconded by Council Member Vogelsang. Motion approved by vote of 6-0. The meeting adjourned at 6:36 p.m. ATTEST: ` Amy M. Piukan RZ Town Secretar ATtOVED: Ray Smitll, Nfayor Page I of I