fy 2008-09 samuell property annual report

8/14/2019 FY 2008-09 Samuell Property Annual Report

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CITY OF DALLAS

PARK AND RECREATION

DEPARTMENT

Samue l l P roper t ies and

Trus t Fund

FY 2008-09 Annua l Repor t

December 17, 2009


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PARK BOARD MEMBERS FOR FY 2008-09

Place 15 Tom Baker, President (October 2008 September 2009)

District 10 Joan Walne, Vice President (October 2008 September 2009)

District 1 Frances M. Gonzalez (October 2008 September 2009)

District 2 Gabriel Soto (October 2008 September 2009)

District 3 Mike Anglin (October 2008 - June 2009

Ellen J. Taft (July 2009 September 2009)

District 4 Tiffinni A. Young (October 2008 December 2008)

District 5 Jean F. Milligan (October 2008 September 2009)

District 6 Monica R. Alonzo (October 2008 September 2009)

District 7 Taylor Brannon (October 2008 September 2009)

District 8 Gail Terrell (October 2008 September 2009)

District 9 Darren Boruff (October 2008 September 2009)

District 11 Lee M. Kleinman (October 2008 September 2009)

District 12 Bettye Stripling (December 2008 September 2009)

District 13 Marc D. Katz (October 2008 September 2009)

District 14 Wayne Smith (October 2008 September 2009)


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PRESENTATIONS, BRIEFINGS AND EXECUTIVE SESSIONS

The following presentations, briefings, and executive sessions were held on the dates listed:

March 31, 2009 Park Board

Attorney Briefing - Legal issues regarding the W.W. Samuell Permanent Foundation,

Samuell Trust Fund, park properties devised under the will of Dr. W.W. Samuell, and

related matters (Closed Session, Section 551.071 T.O.M.A.)

April 8, 2009 Dallas City Council

Attorney Briefing Legal issues regarding the W.W. Samuell Permanent Foundation,

Samuell Trust Fund, park properties devised under the will of Dr. W.W. Samuell, and

related matters (Closed Session, Section 551.071 T.O.M.A.)

June 4, 2009 Park Board

Briefing - Samuell Trust: Investment Performance and Investment Strategy for Permanent

Foundation (presented by Bank of America)

June 18, 2009 Park Board

Briefing - Multi-Year Fund for Samuell Park Properties

Report - Quarterly Financial Statements of the Samuell Park Properties Fund 0330

September 3, 2009 Park Board

Briefing - Samuell Property Update: Current Operations of all Samuell Properties and

Future Plan for Samuell Farm

September 3, 2009 Report - Quarterly Financial Statement of the Samuell Park Properties Fund 0330

Attorney Briefing - Legal Issues Regarding the W.W. Samuell Permanent Foundation,

Samuell Trust Fund, Park properties devised under the will of Dr. W.W. Samuell, the

Memorandum of Agreement entered into between the City of Dallas and Office of the

Attorney General of the State of Texas dated April 10, 2009, and related matters (Closed

Session, Section 551.071 T.O.M.A.)


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PRESENTATIONS, BRIEFINGS AND EXECUTIVE SESSIONS - continued

September 17, 2009 Park Board

Action -- Adoption of a resolution related to the W.W. Samuell Permanent Foundation,

Samuell Trust fund, Park properties devised under the Will of Dr. W.W. Samuell, the

Memorandum of Agreement entered into between the City of Dallas and the Office of the

Attorney General of the State of Texas dated April 10, 2009, and related matters.


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SAMUELL PROPERTY REVIEW


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SAMUELL PROPERTY REVIEW - continued

BUCKNER PARK4550 Worth StreetGeneral Description Approximately 4.0 acres in size providing amenities such as a playground,

picnic tables, multi-use courts, tennis courts, a basketball court, a volleyball

court, several athletic fields for softball and soccer, a drinking fountain,

security lighting, a parking lot and manual irrigation system.

Expenses $28,504 (GF)Revenues No revenue was generated at this propertyCapital Improvements No additional capital improvements were initiated at Buckner Park.FY 2008-09 Activity Highlights The park and its amenities were utilized throughout the school year by

Ignacio Zaragoza Elementary School, various athletic groups and other user

groups.


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CRAWFORD MEMORIAL PARK8700 Elam RoadGeneral Description Approximately 195 acres providing amenities such as picnic tables,

playground, basketball court, volleyball court, baseball fields, soccer fields,

drinking fountains, security lights, parking lots and a manual irrigation

system.

Expenses $229,087 (GF)

Revenues $ 6,722Capital Improvements No additional capital improvements were initiated at Crawford Park (Samuel

Elam).

FY 2008-09 Activity Highlights Events participants at the athletic fields at Crawford Park (Samuel Elam)were estimated to exceed 6,200.


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OAK CLIFF FOUNDERS PARK1300 N Zang BlvdGeneral Description Approximately 4.6 acres in size with amenities including a plaza, a shelter, a

hard surface trail, parking lot, security lights and an automatic irrigation

system.

Expenses $31,659 (GF)Revenues No revenue was generated at this property

Capital Improvements No capital improvements were initiated at Oak Cliff Founders Park this fiscalyear.

FY 2008-09 Activity Highlights Friends of Oak Cliff Park hosted the annual park clean-up in cooperationwith Methodist Hospital. Additionally, the Friends of Oak Cliff Park

continued provision of various horticulture services within the park.


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SAMUELL EAST100 E Hwy 80, MesquiteGeneral Description Samuell East is a large park that is divided by Highway 80. The area of

the entire park, both north and

south of Hwy 80, is approximately

609.6 acres. The area south of

Hwy 80 is commonly referred to as

Samuell Farm. The area north of

Hwy 80 is unfenced, open park

land.

Expenses $136,814 (GF)Revenues $ 5,699Capital Improvements No capital improvements were initiated at Samuell East for FY 2008-09.FY 2008-09 Activity Highlights Activities throughout the fiscal year included three cross country runs

with Mesquite ISD withapproximately 500 runners and

2000 spectators, the Sunnyfest

4th of July Event with more

than 4500 attendees, Master

Composting class in

partnership with Texas Master

Naturalist, Boy Scout overnight

camping, an Eagle ScoutCleanup, and Urban Forestry Workshop. The City partnered with Texas

Parks and Wildlife in stocking the ponds including donating 800 trout and

400 catfish. Major maintenance activities included forestry services,

electrical services, irrigation and plumbing, fencing, repairing roads and

securing Dr. Samuells cottage.


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SAMUELL GARLAND1220 Garland RoadGeneral Description Approximately 46 acres with amenities such as 7 picnic tables,1 baseball

field, 1 softball field, 4 sandlot fields, 14 soccer fields, 5 drinking fountains,

parking lot, automatic irrigation system.

Expenses $89,612 (GF)$80,544 (Bonds)

Revenues $42,015

Capital Improvements Signage replacement and the design of toilet facility and concession buildingFY 2008-09 Activity Highlights The number or reservation hours for athletic fields at this location were 883

and estimated participants exceeded 100,500.


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SAMUELL GRAND/TENISON6200 E. GrandGeneral Description

Approximately 110.9 acres in size with amenities including a recreation

center, playground, picnic tables, a tennis center, 20 tennis courts, a pool,

baseball field, 4 softball fields, a soccer field, drinking fountains, an

amphitheater, golf driving range, security lighting, parking lots, manual and

automatic irrigation systems.

Expenses $552,875 (GF)$ 55,148 (Fund 0330)

$294,600 (Bonds)

Revenues $113,488Capital Improvements Projects initiated at Samuell Grand Park include facility and lighting

improvements at the Amphitheater, replacement of HVAC and HVAC

controls at the recreation center, interior renovation and fitness center

addition at the recreation center, signage replacement, playground

replacement, design and replacement of the tennis center.

FY 2008-09 Activity HighlightsDriving Range 41 hitting stations (14 covered)

Total gross revenue at facility over $231K

1,003 lessons conducted

First Tee Dallas uses the facility to conduct

its year-round Jr. Golf Program

Park Land / Athletic Fields 927 reservations hours for various fields

Participants exceeded 124,000

Revenues from athletic fields exceeded

$19,000


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SAMUELL PROPERTY REVIEW continued

Pool Attendance at the Samuell Grand pool

for FY 2008-09 was 5,551

133 swim lessons

Recreation Center 40 classes offered monthly

65 registered participants in the Samuell

Grand Summer Camp

After school programming remains at

capacity with 30 children on the wait list

17,868 program participants

Tennis Center 10,639 total FY 2008-09 attendance

Hosted 362 DISD tennis players at

District Tournament at no charge

2,262 lesson participants, including the

NJTL/Slam Jammers


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SAMUELL HALLHall St and Central ExpwyGeneral Description Median triangle approximately 0.10 of an acreExpenses The park department did no incur any expenses for this property during the

FY 2008-09 fiscal year as it is maintained by the Uptown PID

Revenues No revenue was generated at this propertyCapital Improvements No capital improvements were initiated during FY 2008-09.FY 2008-09 Activity Highlights No Activity


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SAMUELL NEW HOPETown East Blvd @ Beltline Rd, SunnyvaleGeneral Description Approximately 120.3 acres maintained as a natural areaExpenses $ 154 (GF)

This property is primarily maintained by the town of Sunnyvale

Revenues No revenue was generated at this propertyCapital Improvements No capital improvements were initiated during FY 2008-09.FY 2008-09 Activity Highlights No Activity


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FINANCIAL SUMMARIES

W.W. Samuell Permanent Foundation - held by Bank of America

Beginning Market Value (10/01/08) $ 7,073,671.25Income 264,310.40

Deposits 30,845.78

Disbursements (235,225.19)

Bank Fees (41,328.19)

Change in market Value (366,480.37)

Ending Market Value (09/30/09) $ 6,725,793.68Change in Account Value (347,877.57)


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FINANCIAL SUMMARIES continued

City of Dallas Multi-Year Expendable Fund 0330 was established for the deposit of revenues generated fromactivities held on Samuell park properties and quarterly disbursements of net income from the W.W. Samuell

Foundation (Permanent Foundation). Information based on financial data contained in the FY 2008-09

Preliminary Close reports.

Revenues

Prog Revenues, Rentals and Reservations 167,924

Distributions from Foundation 220,111

Interest 40,853

TOTAL REVENUES $ 428,888

Expenses

Reimbursement to GF for operation and maintenance 415,000

Other Expenses (professional services and consulting) 55,148

TOTAL EXPENSES $ 470,148

NET LOSS ($ 41,260)


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FINANCIAL SUMMARIES - continued

General Fund Expenses (FY 2008-09)

Location Amount

Buckner Park 28,504

Crawford Memorial Park 229,087

Oak Cliff Founder's Park 31,659

Samuell East 136,814

Samuell Garland 89,612

Samuell Grand / Tenison 552,875

Samuell Hall -

Samuell New Hope 154

Total General Fund Expenditures $ 1,068,705


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FINANCIAL SUMMARIES - continued

Other Funds

2003 Bond Funds 33,692.36

2006 Bond Funds 341,451.32

TOTAL OTHER FUNDS $375,143.68

Other Funds by Property/Location

Samuell Garland 80,543.69

Improvements include signagereplacement and design of new toilet

facilities and concession building

Samuell Grand Amphitheater 56,411.84

Improvements include facility and lightingimprovements

Samuell Grand Park 23,244.50

Improvements include signagereplacement, playground replacement and

associated new paving

Samuell Grand Recreation Center 198,448.40

Improvements include interior renovation,replacement of HVAC, HVAC controls and

addition for fitness room

Samuell Grand Tennis Center 16,495.25

Improvements include supplementalfunding for the design of new tennis center

fy 2008-09 samuell property annual report

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