Parks and Recreation BoardJan. 25, 2022

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M E M O R A N D U M O F U N D E R S T A N D I N G M.O.U. # 21-002 12/15/2021 Total Parkland Mitigation Amount = $451,797 Kimberly McNeeley, M.Ed., CPRP Director, Parks and Recreation Department Jacqueline Sargent General Manager, Austin Energy Department TO: FROM: SUBJECT: AE Lady Bird Lake Duct Bank Bore DATE: Austin Energy Department is allowed to use the parkland located at Edward Rendon Sr. Metro Park at Festival Beach (2101 Jesse E. Segovia St.) and Peace Point at Lady Bird Lake Metro Park (2200 S. Lakeshore Blvd) as part of the work site for the above referenced project, as indicated in Attachments. The parkland is to be used for Permanent Use and Temporary Use. The requested area is: Permanent Use Area (Northside): 8,209 sq. ft. = $233,589 Permanent Use Area (Southside): 2,583 sq. ft. = $90,405 Temporary Use Area (Northside): 59,885 sq. ft.= $127,802 25% Credit for Land Vacation Northside: 5,281 sq. ft. = $75,136 25% Credit for Land Vacation Southside: 2,803 sq. ft. = $49,053 Remaining Mitigation Amount to be paid to PARD = $327,608 The estimated duration of the parkland use is 90 Calendar Days. A daily charge of $1,420 will be charged to Austin Energy Department if the 90 days is exceeded. Austin Energy Department Point of Contact is: Dave Lambert PARD Point of Contact is: Gregory Montes Parks & Recreation Board: Council Approval: ____________________________________________________________ Phone Number: 512-332-6109 Phone Number: 512-974-9458 1 of 2 Date Kimberly McNeeley, M.Ed., CPRP Director, Parks and Recreation Department CONCURRENCE ____________________________________________________________ Jacqueline Sargent General Manager, Austin Energy Department Date Attachments: A (Mitigation Calculation) Attachments: B (Map Exhibit) 2 of 2