The city purchased the property from Anna Stojanovich on October 25, 2007. Miss Stojanovich sold the property to the city substantially below market value, contingent that the site be developed into a park. The city hired Callander Associates, Landscape Architects, in April 2009 to develop a conceptual design plan through a park development process that includes several public meetings.
Funding for the new park comes from development impact fees which are designated specifically for acquisition and development of parks. These funds cannot be used for general operations. See the documents below for more detailed information about the project.