Public Hearing: YES ☐ NO ☒ Department: Recreation, Parks and Cultural Affairs
SUBJECT:
Title
Commission District(s): Districts 2 and 6
Briarcliff/North Druid Hills TAD Funding Award - South Peachtree Creek Trails Segments 3 and 5.
Body
Information Contact: Chris Bass, Director of RPCA
Phone Number: 404-371-2475
PURPOSE:
To award and appropriate up to $951,600.00 in Briarcliff/North Druid Hills Tax Allocation District (TAD) funding from the Decide DeKalb Development Authority for eligible acquisition, design, and soft costs associated with South Peachtree Creek Trails Segments 3 and 5; and establish the project in the RPCA grants organization.
NEED/IMPACT:
This award will reimburse eligible redevelopment costs for acquisition and design of approximately 8,864 linear feet of South Peachtree Creek multi-use trail Segments 3 and 5. Funding is limited to the portion within the Briarcliff/North Druid Hills TAD. The total project budget for design and acquisition is $951,600.00 and the award will be reimbursed upon submission of required documentation and requisitions.
FISCAL IMPACT:
No fiscal impact.
RECOMMENDATION:
Recommended Action
To award and appropriate up to $951,600.00 in Briarcliff/North Druid Hills TAD funding from the Decide DeKalb Development Authority for the South Peachtree Creek Trails Segments 3 and 5 project; establish the project in the RPCA grants organization; and authorize the Chief Executive Officer and department designee to execute the funding letter, requisitions and all other necessary documents related to the TAD award.