With the ongoing development in and around Montgomery Farm, parkland dedication or fees in lieu of, are a requirement of the Land Development Code and the Development Agreement.  It was determined during the initial stages of development that any park land dedication or fees would be determined at a later date. The development now has reached a point at which the final development areas are being submitted through the Planning and Zoning process triggering the need to establish either land dedication or fees. 

Staff has worked with the developer to identify a tract of land adjacent to the existing Sun Creek Park that would be suitable for preservation but would add value to what is already in existence.  While the land currently has some restrictions for development through the Connemara Conservancy, there are provisions that allow development of trail through the property, which is the primary reason for obtaining this acreage.

City of Allen staff along with legal counsel have worked with Emerson Farm Company staff and legal counsel to create an addendum to the original Master Facilities Agreement allowing for the dedication of the land to the City of Allen for Parkland purposes. This includes partial assignment of the Master Facilities Agreement to Darling Homes.

Staff recommends that the City Council authorize the City Manager to execute an addendum to Master Facilities Agreement with Emerson Farm Company, Ltd., and Darling Homes of Texas, LLC, relating to Montgomery Farms Development and dedication of 7+/- acres of park land.

I make a motion to authorize the City Manager to execute an addendum to the Master Facilities Agreement with Emerson Farm Company, Ltd., and Darling Homes of Texas, LLC, relating to Montgomery Farms Development and dedication of 7+/- acres of park land.