A purchase of parkland property will have a little over $1 million allocated to it from other Argyle town funds.

Argyle Town Council on March 18 approved appropriating funds from the unappropriated balance of the parkland dedication fund, tree reforestation fund and the general fund for the purchase of parkland property on Cook Street.

The details

Council approved budget amendments reallocating funds from the parkland dedication and tree reforestation funds to secure property along Cook Street. The property is envisioned to be developed into a nature trail, a veterans memorial and, potentially, a seated area for local diners, enhancing recreational opportunities and honoring local veterans, a town news release stated.

Council approved:

  • $650,000 from the parkland dedication fund
  • $300,000 from the tree reforestation fund
  • $75,000 from the general fund
The background

In December, council approved the purchase of 4.61 acres of parkland on Cook Street for $1 million, a council agent memo stated. Town staff, council and stakeholders will meet over the next few months to determine the layout and uses of the property moving forward with general guidance from council.