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Home > Government > Strategic Initiatives > 2019 Bond Program > Land for Parks

Land for Parks

The issuance of $5,000,000 of public securities for Acquisition of Land for Parks, and levying a tax in payment thereof.

Land for Parks allocates funding for the purchase of land and interests in land for parks. This land acquisition may also include open spaces. 

  • Description
    The 2019 Bond Program provides funding for the acquisition of land and interests in land for the development of current or future parks.  

    In evaluating land for parks, a number of factors may be considered by the City Council including the level of tree coverage provided, unique land features, connections to the existing multiuse trail network, locations underserved by parks, and overall proximity to residences. Over 40 properties have been identified by the City of Denton for potential purchase and conversion into a city park.
     
    City Parks with a 10-Minute Walk Buffer
    The image below illustrates the park land currently within the City of Denton. The highlighted portions are the areas where a resident can walk to a park within 10 minutes.

    10-Minute-Walk-to-Parks.png

     

  • Bond Funding
    Project Funding Calculation: $5,000,000

    The proposed funding would enable the acquisition of between 50 and 75 acres of land for current or future parks. 
  • Outcome
    If approved by the voters, the proposed funding would increase the availability of land for current or future parks.  The additional land could be used to establish new parks as the City of Denton develops land and its population grows. 

    The acquisition of land for parks allows more residents to have a park within a 10-minute walk from their home. 
  • Timeline

    Estimated Project Timeline: Not yet determined

    Acquisitions of land for parks are anticipated to occur in the mid to latter half of the current six-year bond issuance schedule.  This estimate is highly dependent upon the timing of each year's bond issuance, the availability of land for purchase, and is subject to shifting within the six-year schedule.