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CONSIDERATION OF AWARDING OF BID-1819-81, APPROVAL OF CONTRACT K-1920-3 BY AND BETWEEN THE NORMAN TAX INCREMENT FINANCE AUTHORITY AND SILVER STAR CONSTRUCTION COMPANY, INC., IN THE AMOUNT OF $175,750.73; PERFORMANCE BOND B-1920-3; STATUTORY BOND B-1920-4; AND MAINTENANCE BOND MB-1920-2 FOR THE LEGACY PARK PARKING LOT CONSTRUCTION PROJECT AND BUDGET APPROPRIATION FROM THE UNP TIF FUND AND BUDGET TRANSFER OF PROJECT FUNDS.
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BACKGROUND: The construction of Legacy Park was completed in September 2015. The Park includes an amphitheater stage, cover and seating area; a one-acre pond with programmable lights and fountains; a promenade walk around the pond; a restroom building; extensive landscaping, irrigation and pedestrian lighting. For the past two years, the park has been the site for the @Legacy Concert Series, which has included a wide variety of local entertainment and continues to grow in popularity.
Parking availability near the amphitheater facility has become an area of concern from people attending events at the Park. Restaurants near the Park have expressed concerns about the use of restaurant parking by people attending events at the Park causing a negative impact on their business.
The original plan for Legacy Park included a parking facility located on the west side of the property, accessed from the (east side) I-35 Frontage Road. The University North Park Tax Increment Finance (UNP TIF) District Development Agreement Number 3 (contract K-0708-76) included an estimated $175,000 for the construction of a parking facility located on park property. This funding can be appropriated for this project. Subsequent to the approval of this contract, City Council decided to omit any on-site parking from the original construction of the Park, thinking other parking in the adjacent shopping areas would be sufficient and desiring to reduce the parking footprint from the Park. This has proven to be problematic for many patrons using the Park, pa...
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