Board of Directors Regular Meeting Agenda


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Meeting Date: 11/30/2016  

Receive, consider, and act upon a conveyance of Creekside Park West Section 22, Restricted Reserves A, B & C and an Assignment of Pathway Easement; 
Base annual maintenance cost for adding these reserves is projected to be minimal, less than $1,000 per year. The maintenance of the reserves and pathway will be added to the Park and Pathway Maintenance Services Agreement with Brightview.
The Woodlands Land Development Company (TWLDC) has submitted the following reserves for conveyance: Creekside Park West Section 22- Restricted Reserve A, B & C and an assignment of a pathway easement which lies adjacent to Creekside Junior High School on Creekside Green (Attachment A). 

The restricted reserves have been inspected and a pre-conveyance report has been provided to TWLDC. No major issues were reported. A total of 2.473 acres of land will be added to the community’s open space inventory and approximately 2,755 feet of pathway with this conveyance. Legal counsel has completed a review of the Special Warranty Deed and Assignment of Pathway Easement has found them to be acceptable.  
Accept the conveyance by Special Warranty Deed from The Woodlands Land Development Company, L.P. for Creekside Park West Section 22- Restricted Reserves A, B & C and the Assignment of Pathway Easement as presented and authorize the President/ General Manager to execute the necessary documents. 
Attachment A - Conveyance of CsPk Sec 22 A, B, C and Assignment of Pathway


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