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Acquisition of the West 11th Street Park
Unprecedented
cooperation from local and state leaders
The acquisition of
West 11th Street Park is a wonderful story of cooperation
among numerous community leaders and local government entities, and
the utilization of a truly creative purchasing strategy.
Without the tremendous effort and vision of these local leaders, the
procurement of this park would not be possible.
|
John
Whitmire |
Texas State
Senator for the 15th senatorial district |
|
Peter Smith |
Texas Parks
and Wildlife Department |
|
Bill White |
Mayor, City
of Houston |
|
Toni Lawrence |
Council
Member, District A |
|
Harvin Moore |
Trustee,
District VII Houston Independent School District |
|
Joe Turner |
Director,
Houston Parks and Recreation Department |
|
Roksan
Okan-Vick |
Executive
Director, Houston Parks Board |
|
Lorraine
Cherry |
Friends of
West 11th Street Park |
|
R. G.
Musgrove |
Friends of
West 11th Street Park/ Rotary Club of Houston
Heights |
How the West 11th Street
Park was saved
For over 50
years, the West 11th Street property served as a de facto park for
the community. Owned by HISD and leased to the City of Houston Parks
Department, the property was deemed surplus in 2005 and released for
sale. The Houston Parks Board negotiated a $9 million sales price
for park purposes. Mayor White agreed to provide $4 million in
public funds to purchase the property with the understanding that
the private sector would raise the remainder. Despite aggressive
fundraising by the Houston Parks Board and by the community, there
was still a $3.5 million shortfall at the time that the “option to
purchase” contract was set to expire in January 2007.
Because this
property acquisition was believed to be critical, and for the first
time in its history, the Houston Parks Board took out a bridge loan
in order to complete the purchase from HISD, using five acres of the
property as collateral. This contingency plan accomplished two
important goals: the entire 20 acres would move from HISD ownership
to the City of Houston “on time” at closing; and the neighborhood
was guaranteed a minimum of a 15.2-acre park. In February of 2007,
the land was purchased by the City of Houston, and five acres on the
southwest corner was in fact used as collateral for a loan of $3.7
million.
In the fall of 2007, thanks to the efforts of
Senator John Whitmire, a $3.75 million matching grant was allocated
in the Texas Legislature to fund the remaining 5-acres of West 11th
Street Park. The Houston Parks Board and the City of Houston Parks
and Recreation Department worked with Texas Parks & Wildlife
Department to complete the allocation to pay off the loan and
transfer the remaining 5-acres to the City of Houston Parks and
Recreation Department in February, 2008. The park was officially
dedicated on February 21, 2008.
Strategic
partners in the acquisition: Major donors
$4,000,000
The City of Houston/Mayor Bill White
$3,750,000
State of Texas/Texas Parks & Wildlife/Senator John Whitmire
$500,000 -
$999,999
Cullinan Estate (Houston Parks Board Fund)
Houston Endowment Inc.
$100,000 -
$299,999
Bob J. Perry
$50,000-
$99,999
Shell Oil Company
$25,000-
$49,999
McGinnis& Bettie Clark Foundation
M. B. Dorbandt-Maher
$10,000-
$24,999
The Powell Foundation
Timbergrove Manor Civic Association
$5,000 - $9,999
Norman Adams
EOG Resources Inc.
Friends of West 11th Street Park
Jim Cunningham Design
Sara and John Lindsey
Terrence Malloy
The Peterson Charitable Trust
Russell Pitman
Rita and Michael Richbourg
Susan Vaughan Foundation |