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CONSIDERATION OF CONTRACT K-1516-62 WITH TEXOMA PAVING AND CONSTRUCTION, L.C.C. IN THE AMOUNT OF $136,665; PERFORMANCE BOND B-1516-19; STATUTORY BOND B-1516-20; MAINTENANCE BOND NO. MB-1516-15 AND PROJECT AGENT RESOLUTION R-1516-21 FOR THE WALKING TRAILS IN THREE PARKS CONSTRUCTION PROJECT (LION'S MEMORIAL PARK, COLONIAL ESTATES PARK AND OAK TREE SOUTH PARK) AND BUDGET APPROPRIATION FROM THE PARK LAND DEVELOPMENT FUND BALANCE.
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BACKGROUND: In 1994, the City of Norman began collecting park development fees in the amount of $150 for every new residential building permit. The $150 fee is apportioned $75 to community park development and $75 to neighborhood park development. The neighborhood park portion of the fees must be spent on the neighborhood park in the area from which they were collected. The community park portion may be expended only at any of the six community parks (Andrews, Griffin, Reaves, Sutton, Saxon and Ruby Grant).
Also, on March 1, 2011, voters in Norman approved a City Charter amendment providing for the expenditure of fees-in-lieu of park land that were collected between 1976 and 1994 for the purpose of making park improvements in areas where suitable land is not available to purchase. This Charter amendment allowed the City to make use of over $642,000 of park land fees and interest earnings for capital improvements in twenty one neighborhood park sites. Numerous projects have been completed using these funds since the charter amendment was approved (including the creation of Monroe Park on land leased from the Norman Public School System, as well as improvements in Adkin's Crossing, Colonial Commons, and Sunrise, Springbrook, Crestland, Cherry Creek, Tull's, Castlerock, Normandy, Brookhaven, Rotary, and several other parks). For each site, the improvement plan included both the immediate general maintenance needs identified by staff and the park needs as identified in the 2009 Parks and Recreation Master Plan.
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