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Board reiterates $2 million parks investment; Bark Park, Nelson Ranch and tennis court work advance

Community Development Type B Corporation Board · May 12, 2026
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Summary

Board‑funded parks improvements total $2,000,000 ($1,000,000 for Nelson Ranch improvements and $1,000,000 for tennis court restoration); Bark Park received an additional $100,000 and the Cedar Park Youth League assessment $150,000 via a previous amendment.

Staff reminded the board that the Type B board previously allocated $2,000,000 for parks improvements: $1,000,000 toward Nelson Ranch improvements and $1,000,000 toward tennis court restoration. Staff said the Nelson Ranch work is in design with construction anticipated to begin this fall, while tennis court work remains contingent on securing grant funding for some elements.

The Bark Park improvements were funded with an additional $100,000 from Type B as part of the most recent budget amendment, and the Cedar Park Youth League facility assessment ($150,000) was added to the funded projects list. Board members asked whether returned savings from other projects would be available for future park projects; staff explained partner and restricted funds are exhausted first and that any remaining savings are typically returned to the Type B fund balance.