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Resolution No. 1995-02 RESOLUTION 95 - 02 A RESOLUTION OF THE WYLIE PARKS AND RECREATION FACILITIES DEVELOPMENT CORPORATION OF THE CITY OF WYLIE, TEXAS, AUTHORIZING 4B SALES TAX FUNDING IN FY 95 FOR A PROJECT LIST OF PARK AND LIBRARY IMMEDIATE NEEDS. WHEREAS, the City Council, through its adoption of the Bylaws for the Wylie Parks, Recreation Facilities Development Corporation, established advisory roles for the Library Board and Parks and Recreation Board; and, WHEREAS, each Board's role would be to make specific recommendations on which projects and programs should be considered for 4B sales tax funding; and, WHEREAS, based on these recommendations, the City Council adopted a project list of parks, recreation, and library related projects for submission to the Wylie Parks, Recreation Facilities Development Corporation (WPRF) for funding authorization. NOW, THEREFORE BE IT RESOLVED by the Wylie Parks and Recreation Facilities Development Corporation of the City of Wylie, that the following projects, with an estimated total cost of$287,600, and including interest paid on a $200,000 loan from the General Fund of $4,625, are authorized for 4B Sales Tax funding. UTILITY POLE OVERHEAD TRANSMISSION WIRES RELOCATION $56,000 LAND ACQUISITION - FUTURE ATHLETIC FIELD COMPLEX $60,000 PARK MASTER PLAN - COMPREHENSIVE NEEDS ANALYSIS AND FACILITIES UTILIZATION STUDY - $25,000 SCHOOL PROPERTY UTILIZATION - Three Soccer Fields - Three Baseball Fields $6,600 ATHLETIC FIELD LIGHTING - ROWELL FIELD $80,000 ASPHALT RESURFACING - THOMAS DRIVE, PARK ROAD AND PARKING LOT $50,000 LIBRARY SECURITY SYSTEM $10,000 $200,00 GENERAL FUND LOAN - INTEREST 8 MONTHS 6.13% INTEREST $25,578 MONTHLY - $204,625 $4,625 TOTAL COSTS (All Projects) $292,225 DULY PASSED AND APPROVED by the Parks and Recreation Facilities Development Corporation on this 23rd day of January 1995. K rry C rothers, Chair 1 Y?amlilidtiv-43 ATTEST ci Project Approval Resolution Page 2