Title
Eastland Park Donation - City of Charlotte
Action
ACTION:
Accept donation of a portion of Tax Parcel 103-041-99 (+/- 4.5 acres) from the City of Charlotte for a future park at the Eastland Yards redevelopment site
Staff Contact: Jacqueline McNeil, Real Estate Management Director
Presentation: No
BACKGROUND/JUSTIFICATION:
The City of Charlotte has offered to donate a +/- 4.5 acre portion of the Eastland Yards redevelopment site (the former Eastland Mall) to the County for construction of a future local park. The park will have frontage on Central Avenue and is between Sol East Avenue and Hollyfield Drive. As part of the FY 24 - 28 Capital Improvement Program, the County has budgeted $12,300,000 for design and construction of park improvements at the site. Conditions of the transfer of the property include that the property is to be used for public park purposes only, and if the property shall cease to be used for a park, the property will automatically revert to City ownership.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
N/A