Prioritization of Infrastructure Improvements

Davis Garden TIF Board December 12, 2011

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Purpose
Finalize the prioritized list of potential infrastructure improvements that might be funded by the $1 million deposit into the Davis Garden TIF District Increment Fund.

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Background
City staff previously developed a list of potential infrastructure improvement throughout the District that could be funded by the $1 million deposit
Kings Demonstration Plaza Kings Permanent Plaza Kings Parking Rosemont Plaza Rosemont Safe Route Davis Corridor Bicycle Facility 7th Street Bicycle Facility Matching Funds for the Kessler Theaters Infrastructure
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Background
The following infrastructure improvements were approved for funding as part of the September 23rd Davis Garden TIF Board Meeting:
Project Matching funds for the Kessler Theater's NCTCOG Grant Rosemont Plaza Rosemont Safe Route Davis Corridor Bicycle Facility City of Dallas Design Studio Concept for reconfiguration of W. Davis Street from Montclair to Zang Boulevard Total Est. Cost $60,000 $201,512 $36,272 $159,000 $35,880 $492,664 Source 100% OED; leverages approx. $180K in outside funds 100% OED 100% OED 100% OED 100% OED

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Background
Jason Roberts and Andrew Howard are here to explain the Kings Demonstration Plaza, Permanent Plaza and Parking concepts Staff is also asking the Board to reconsider the segments that comprise the Davis Street Corridor Bicycle improvements

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Potential Infrastructure Improvements

Kings Highway Permanent Plaza with additional amenities
K Hi ing gh s wa y

Davis Street

7th Street

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Tyler Street

Potential Infrastructure Improvements

Kings Highway Parking
K Hi ing gh s wa y

Davis Street Office of Economic Development WWW.DALLAS-ECODEV.ORG 7

Potential Infrastructure Improvements

Davis Street Corridor Bicycle Improvements Early Implementation (2011-12)

Staff recommends that the Board reconsiders this segment

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Potential Infrastructure Improvements

Staff recommends the following changes to the segments that comprise the Davis Corridor Bicycle Facility
Exclude the Mary Cliff Road to Zang Boulevard segment (approximately $21,000) Add the 7th Street Bicycle Facility as a segment (approximately $85,844)
Project Est. Cost $60,000 $201,512 $36,272 $223,844

Project Matching funds for the Kessler Theater's NCTCOG Grant Rosemont Plaza Rosemont Safe Route Davis Corridor Bicycle Facility City of Dallas Design Studio Concept for reconfiguration of W. Davis Street from Montclair to Zang Boulevard Total

Est. Cost $60,000 $201,512 $36,272 $159,000 $35,880 $492,664

Source 100% OED; leverages approx. $180K in outside funds 100% OED 100% OED 100% OED 100% OED

Matching funds for the Kessler Theater's NCTCOG Grant Rosemont Plaza Rosemont Safe Route Davis Corridor Bicycle Facility (Mary Cliff Rd to Zang Blvd segment replaced by the 7th Street Bicycle Facility) City of Dallas Design Studio Concept for reconfiguration of W. Davis Street from Montclair to Zang Boulevard Total

Source 100% OED; leverages approx. $180K in outside funds 100% OED 100% OED 100% OED

$35,880 $557,508

100% OED

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Potential Infrastructure Improvements

Staff recommendations for additional proposed Infrastructure Improvements:
Project Kings Plaza Total Est. Cost Source $442,492 100% OED an amount not to exceed $442,492

Non funded projects:

Project Public Art for King's Permanent Plaza / Additional Amenities Total Est. Cost $393,916 $393,916 Source Unfunded

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