Department: Parks & Recreation/Legal
Staff Contact: Michael Meadors/Ron Shaver
Subject: Report regarding a real estate contract with Day3 Development, LLC.
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Item Description:
title
Report regarding a real estate contract with Day3 Development, LLC.
Body
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Summary:
The Parks & Recreation Department Trails & Greenways Plan sets forth recommended locations for future shared use trails. Included in this plan is the future Coffee Creek trail system, a portion of which traverses the Day3 Development at Boulder Creek.
Through this real estate contract, Day3 Development, LLC will construct the trail through Boulder Creek to City of Olathe trail construction technical specifications and standards, with an alignment mutually agreed-upon between the City and Day3 Development, LLC. This will include connections to existing and planned sidewalks.
After construction and acceptance, the City will permanently maintain and operate the trail as part of the future Coffee Creek trail system at the standard City trail maintenance standards.
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Financial Impact:
The contract will be for an amount not to exceed $110,000.00. Funding will come from the Park Sales Tax Funds.
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Action Needed:
Accept the report. Unless directed otherwise, staff will prepare the contract for formal consideration on February 4, 2020.
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Attachment(s):
ATTACHMENT A: Boulder Creek Trail Purchase Agreement