Title
Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Approving a Professional Services Contract with McAdams in an Amount Not to Exceed $341,500.00 for the Design and Engineering Services Related to the Phase 1 Infrastructure for the New Town Center Project; Finding That the Meeting at Which This Is Approved Is Open to the Public as Required by Law; and Declaring an Effective Date (Certificates of Obligation)
Requested Action
Staff is requesting approval of this Professional Services Contract with McAdams.
Recommendation
Staff recommends approval.
Description/History
"The Canals" is a planned development focused on creating a vibrant mixed-use community. This project will include residential, commercial, and recreational spaces connected by a winding waterway. The nature of the uses, along with the waterfront development, is designed to attract premium retail and dining options.
This development will be located in the heart of Mansfield, roughly framed by Heritage Parkway, Broad Street, Matlock Road, and Regency Parkway. The City has purchased 9 acres of this currently undeveloped land to establish a civic presence in a district centered on community engagement and experiences. This 9-acre site, located approximately at the intersection of Regency and Heritage, will be the future home of the new City Hall and two economic development sites that will frame a public park plaza.
Justification
This project will provide vital infrastructure to two economic development sites, the new City Hall, and a Park Plaza.
Funding Source
Certificates of Obligation
Prepared By
Kristen Petree, Management Analyst