PRESENTER: Presenter
Matthew Eckmann, Assistant Director of Public Works
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SUBJECT: Title
Approval of the acceptance of a 46-acre tract of land described as Lot 908, Block K, Oak Creek Subdivision Unit 4, from the New Braunfels Parks Foundation.
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DEPARTMENT: All
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COUNCIL DISTRICTS IMPACTED: All
BACKGROUND INFORMATION:
In 2022, Continental Homes of Texas, LP, donated a 46-acre tract of land to the New Braunfels Parks Foundation to be held in trust for the City of New Braunfels for the future Alligator Creek Trail network.
With the continued development of the Alligator Creek Trail and the recent acquisition of the property for the future NW park, the City has requested the conveyance of the property from the Parks Foundation, which they have agreed to.
ISSUE:
Conveyance of property held in trust by the New Braunfels Parks Foundation to the City of New Braunfels.
FISCAL IMPACT:
Since the property is held in trust for the City, no compensation is due for this conveyance so there is no fiscal impact.
Recommendation
RECOMMENDATION:
Staff recommends the approval of this conveyance.