The City purchased property for the Town Center Park in 1982 using Jefferson County Open Space funding. Because Open Space funding was used, a Jefferson County Open Space reverter was placed on the Town Center Park which restricts the use of that property to public park and recreation purposes. The Town Center Park is no longer a viable option for a community park due to a number of factors including commercial redevelopment in the area. In the meantime, the City is currently developing The Green at 38th as a new community plaza and park on 38th Avenue, within a few blocks of the Town Center Park. To decommission the Town Center Park, Jefferson County Open Space has agreed to release the reverter and move it to The Green at 38th. This Resolution provides the Mayor with the authority to sign the associated agreement with Jefferson County to complete the effort of transferring the reverter.