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Town of Chevy Chase
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Send Date:
10/15/2021 11:35:11 AM
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Council Gives Preliminary Approval to Contribute to Parks Creation Project

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Council Gives Preliminary Approval to Contribute to Parks Creation Project


At its October 13 meeting, the Town Council discussed a possible financial contribution to the parks creation project as part of the redevelopment of the Farm Women’s Market site.  The Council unanimously agreed to propose contributing 25% of the public funds needed for the park project, up to a maximum of $4 million, and discussed conditions related to this contribution.  As of June 30, 2021, the Town had an unrestricted fund balance of over $10 million.

The parks project includes the cost of constructing an underground garage behind the current market and the creation of parks above that garage and on the lot between Leland and Walsh streets.  It does not include the refurbishment and expansion of the Farm Women’s Market building or land, which is being financed separately by the developers and the County’s Parks Department.  It is expected that the County will be the primary source of public funds for this project.  The project also will receive a $7 million payment from the developers for the right to build a seven-story building on a portion of the lot behind the current market.  The total cost of the park project has not been finalized, but it could be in the range of $20 - $25 million, which, after subtracting the contribution from the developers, would leave $13 - $18 million to come from the County and Town. 

At the October meeting, the Council also discussed proposed conditions related to the contribution, including the commitment of funds by all parties to build both parks in their entirety; establishment of the parks in perpetuity; a community engagement process by the developers and the Parks Department on park amenities; Town involvement in ongoing decisions regarding the regulations and programming of the parks; and County/Parks Department responsibility for ongoing maintenance of the parks.  

The Council agreed to communicate this proposal to Town residents, invite further public comment this month, and hold a public hearing on the proposal at the November 10 Council meeting.  Councilmember Ellen Ericson, who will be joined by Mayor Barney Rush, will hold a third listening session on October 21 at 7 p.m. to hear from residents about this proposal and to answer any questions.  Residents may use the following Zoom link to join the meeting:

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https://us02web.zoom.us/j/3016547144?pwd=NnJvS1BpM3ZkSFA4bXBwbWZhWVM2UT09
Meeting ID: 301 654 7144
Passcode: 6547144

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Meeting ID: 301 654 7144
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Council Gives Preliminary Approval to Contribute to Parks Creation Project

At its October 13 meeting, the Town Council discussed a possible financial contribution to the parks creation project as part of the redevelopment of the Farm Women’s Market site. The Council unanimously agreed to propose contributing 25% of the public funds needed for the park project, up to a maximum of $4 million, and discussed conditions related to this contribution. As of June 30, 2021, the Town had an unrestricted fund balance of over $10 million.
The parks project includes the cost of constructing an underground garage behind the current market and the creation of parks above that garage and on the lot between Leland and Walsh streets. It does not include the refurbishment and expansion of the Farm Women’s Market building or land, which is being financed separately by the developers and the County’s Parks Department. It is expected that the County will be the primary source of public funds for this project. The project also will receive a $7 million payment from the developers for the right to build a seven-story building on a portion of the lot behind the current market. The total cost of the park project has not been finalized, but it could be in the range of $20 - $25 million, which, after subtracting the contribution from the developers, would leave $13 - $18 million to come from the County and Town.
At the October meeting, the Council also discussed proposed conditions related to the contribution, including the commitment of funds by all parties to build both parks in their entirety; establishment of the parks in perpetuity; a community engagement process by the developers and the Parks Department on park amenities; Town involvement in ongoing decisions regarding the regulations and programming of the parks; and County/Parks Department responsibility for ongoing maintenance of the parks.
The Council agreed to communicate this proposal to Town residents, invite further public comment this month, and hold a public hearing on the proposal at the November 10 Council meeting. Councilmember Ellen Ericson, who will be joined by Mayor Barney Rush, will hold a third listening session on October 21 at 7 p.m. to hear from residents about this proposal and to answer any questions. Residents may use the following Zoom link to join the meeting:
Join Online [https://us02web.zoom.us/j/3016547144?pwd=NnJvS1BpM3ZkSFA4bXBwbWZhWVM2UT09] https://us02web.zoom.us/j/3016547144?pwd=NnJvS1BpM3ZkSFA4bXBwbWZhWVM2UT09 [https://us02web.zoom.us/j/3016547144?pwd=NnJvS1BpM3ZkSFA4bXBwbWZhWVM2UT09] Meeting ID: 301 654 7144Passcode: 6547144
Join by Phone(301) 715-8592Meeting ID: 301 654 7144Passcode: 6547144

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Council Gives Preliminary Approval to Contribute to Parks Creation Project