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HomeMy WebLinkAboutResolution 25-03 Transfer funds to Athletic Field Rehabilitation ProjectResolution 25-03 Page 1 TOWN OF WESTLAKE RESOLUTION NO. 25-03 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPROVING THE TRANSFER OF ONE MILLION DOLLARS ($1,000,000.00) FROM THE TOWN OF WESTLAKE WESTLAKE ACADEMY FUND FOR CAMPUS CAPITAL IMPROVEMENTS FOR ATHLETIC FACILITIES TO THE ATHLETIC FIELD REHABILITATION PROJECT. WHEREAS, a group of generous donors has expressed a desire for improvements to be made to the Westlake Academy football and soccer fields, including enhancements to the drainage system, irrigation improvements for the football field, and synthetic turf, goal posts, and soccer goals for the multipurpose field; and, WHEREAS, concerns have been raised by several donors, the Athletic Director, and members of the Westlake Academy Foundation regarding the current conditions of both fields, which suffer from significant drainage issues, uneven surfaces, and a mixture of grass and weeds that pose safety risks to athletes and children; and, WHEREAS, the Town has a Westlake Academy fund for campus capital improvements with a balance of $3,234,378, including $1,118,050 specifically reserved for athletic facility improvements; and WHEREAS, the Town staff, in collaboration with the Foundation and donors, has identified the need for rehabilitation of the fields with an estimated project cost of $1,614,688 , and is requesting Town assistance not to exceed $1,000,000 towards this endeavor. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: That the Westlake Town Council/Board of Trustees of Westlake Academy does hereby approve the transfer of $1,000,000.00 from the Westlake Academy fund for campus athletic facility improvements to the Athletic Field Rehabilitation Project. SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolu tion without the invalid provision. SECTION 4: That this Resolution shall become effective from and after its date of passage. Resolution 25-03 Page 2 PASSED AND APPROVED ON THIS 6TH DAY OF JANUARY, 2025. ___________________________________ Kim Greaves, Mayor ATTEST: ________________________________ Dianna Buchanan, Town Secretary APPROVED AS TO FORM: ________________________________ L. Stanton Lowry, Town Attorney