DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Reading: Why Care About Fair Park: Because Dallas North of the Trinity Foots Most of the Bills
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > Uncategorized > Why Care About Fair Park: Because Dallas North of the Trinity Foots Most of the Bills
Uncategorized

Why Care About Fair Park: Because Dallas North of the Trinity Foots Most of the Bills

3 Min Read
SHARE

staffinvitefairpark28129Lutheran

NOTE NEW VENUE: KING OF GLORY LUTHERAN CHURCH, 6411 LBJ FREEWAY, NORTH SIDE ACCESS ROAD, WEST OF HILLCREST, EAST OF PRESTON ROAD

My husband often asks me about news from City Hall, how tax dollars are spent, things like that, because I am supposed to be the one “in the know”. He sticks to the grindstone of his daily (and nightly) professional life. He doesn’t have time to watch or read much more than headlines. So when he grilled me about the Fair Park plan that Mayor Rawlings has endorsed, I realized I didn’t have many answers for him.

Question: How much will this Park plan cost the city?

Answer: $21 million plus another $75 million in bond funds plus another $50m in bonds in 2020/2022

Question: What do we get for that?

Answer: That’s the management fee. They are going to re-vamp the existing buildings.

Question: Does the city make any money off the State Fair?

Answer: Doubtful. The State Fair contract (which lasts until 2024) would be assigned to the Foundation.  Any rental revenues would go to the Foundation.

Question: Can we fire the management of this new entity if they screw up?

Answer: There is a “Remediation Plan” if the Foundation doesn’t meet their TBD performance measurements.  BUT the plan doesn’t say firing, it says they’ll implement a plan to fix.  Hiring and firing resides with the Foundation. They kinda have a lot of power.

Question: Are they going to try to use Fair Park year round?

Answer: They say they’re looking to create a year-round venue. The Fair stays where it is.

Question: Are we getting a park?

Answer: No guarantee. They definitely have to PLAN for a park, but if they don’t feel they have enough money, they don’t have to build it.

Question: Then what are they using the money for?

Answer: “Expanding Fair Park staff and operations and maintenance; funding and creating new departments, including communication and donor relations; and funding new projects.”

“The Foundation hereby commits to fully and completely support Fair Park as a public park, maintaining and managing the events, historic grounds and facilities, and grounds of Fair Park as a vibrant, year-round location for events, daily activities, cultural enrichment, and place for quiet enjoyment.

(See why I am so glad we are having a Panel Discussion tomorrow evening?)

Professional Reserve Studies Required to Safeguard Condo Owners
daltxrealestate.com Staff Meeting: Room For Music and Memories at 6610 Nonesuch Ct.
Monday Morning Millionaire: California-Style Midcentury Modern on Tokalon is a Once-in-a-Lifetime Buy
Don't Miss This Open House: Bluffview Beauty That Loves Your Bottom, Too
As Spring Homebuying Season Nears, Inventory Hits Historic Low in Dallas-Fort Worth
TAGGED:#DecisionFairParkFair ParkReal Estate
Share This Article
Facebook Email Copy Link Print
Previous Article Minorities, Young People Hardest Hit by Recession, Showing Lowest Levels of Homeownership Today
Next Article Head West of White Rock Lake for a Ridgewood Park Beauty, Well Under $400K
Popular News
Neighborhoods

Stevens Park Estates: A Master-Planned Historic Neighborhood

It Was a Good Day for Real Estate at Fox4’s Good Day, Just Not a Good Day for Jokes
Former D11 Councilman Lee Kleinman Wants Pepper Square to be a Planned Development District
Suspicious Tires: Stranded Carrollton Man May Have Plundered Unlocked Highland Park Cars
Now on the Market: State Rep’s Delinquent Tax Home in Lake Highlands
about us

DaltxRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Privacy Policy
  • Terms of Service
  • Contact Us
  • Paid Guest Post Submission

Categories

  • Wednesday WTF
  • East Dallas
  • Monday Morning Millionaire
  • Upon Closer Inspection

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post

Find Us on Socials

© DALTX. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?