Draft Smyrna Development Agreement 4.30.26
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1 Agreement for Development of Trail Improvements Between City of Smyrna and Trust for Public Land This Agreement (“Agreement”) is entered into and effective on the date of execution by City of Smyrna, (“Effective Date”), by and between CITY OF SMYRNA, a political subdivision of the State of Georgia (the “CITY”) and the TRUST FOR PUBLIC LAND, a non-profit 501(c)(3) California Corporation doing business in the State of Georgia as Trust for Public Land (Inc.) (“TPL”), hereinafter collectively referred to as the “Parties”. WITNESSETH: WHEREAS, The RiverLands Showcase project includes more than 160 acres of community park space; a 2.7-mile greenway and multi-use trail designed for walkers, bikers, strollers, and wheelchairs; a 2-mile tributary trail connecting the adjacent neighborhood to the river; and WHEREAS, The “Industrial Section” of the RiverLands Showcase is a greenway trail (0.7 miles) located near the Chattahoochee River between Riverview Park in the City of Smyrna and Discovery Park in Cobb County; and WHEREAS, TPL is a conservation organization having among its purposes the acquisition and improvement on behalf of the public of open space, scenic, and recreational lands and trails; and WHEREAS, TPL and CITY entered into a Memorandum of Understanding for Temporary Site Access dated November 12, 2024 to design and construct a recreational bicycle and pedestrian trail and associated amenities across CITY property and a trail easement owned by TPL(“RiverLands Trail Extension”); and WHEREAS, TPL intends complete construction of the Riverlands Trail Extension in the fall of 2027; and WHEREAS, as part of the Industrial Section of RiverLands Showcase project, TPL desires to extend the completed Riverlands Trail Extension from Riverview Park to Veterans Memorial Highway with a bicycle and pedestrian trail (“Project”); and WHEREAS, CITY is the owner of real property identified as Tax Parcel Ns. 180175000120 and the CITY owns the right of way along Riverview Road and the Georgia Department of Transportation (“GDOT”) owns the right of way along Veteran’s Memorial Highway which is adjacent to Tax Parcel Nos. 18028300080, 18028400060, 18028400020, 18028400080, located in Cobb County, Georgia, along the Chattahoochee River, as further described on Exhibit “A” attached hereto, and made a part hereof and hereinafter referred to as the “Project Site”; and WHEREAS, TPL desires to work with the CITY to design, develop, and construct the Project and to perform all related fundraising activities; and