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HomeMy WebLinkAboutContract 43968-A3rn C) rn rn L-J THIRD AMENDMENT TO CONTRACT CITY SECRETARY CONTRACT No. q(JT!q) WHEREAS the City of Fort Worth ("City") and Carson Street Garden of Eden Neighborhood Association, Inc. ("Purchaser") made and entered into City Secretary Contract No. 43968, as amended by 43968-Al and 43968-A2 (collectively, the "Contract"); WHEREAS, Section 4 of the Contract states that Purchaser must close no later than June 30, 2013; and date. WHEREAS, it is the mutual desire of City and Purchaser to extend the Closing NOW, THEREFORE, City and Purchaser hereby agree as follows: I. a. The reference to "June 30, 2013" in Section 4 of the Contract is amended to read September 30, 2013. b. This amendment is effective on the date of the last to sign of City and Purchaser. II. All terms not defined have the meaning assigned to them in the Contract. All term and conditions of the Contract not amended herein remain unaffected and in full force and effect, are binding on the Parties and are hereby ratified by the Parties. Purchaser: CARSON STREET GARDEN OF EDEN NEIGHBORHOOD ASSOCIATION, INC. BY: Name: Brenda Sand- -Wise � Title: Treasurer -Founder Date: 06/zt‘)// 3- Amendment No. 3 to CSC No. 43968 OFFICIAL RECORD CITY SECRETARY FY. VVOR f FY, TX Seller: CITY OF FORT WORTH, a Texas municipal corporation, on its own behalf and as trustee for the State of Texas, Tarrant County, Tarrant County Water Control and Improvement District No. 1, Tarrant County Hospital District, Tarrant County Education District, Tarrant County Right of Way District, and Birdville Independent School District, all named as plaintiffs in Cause No. L- 10960-93 of the 23 6th Judicial District Court in Tarrant County By: Name: Fernando Costa Title: Assista.217y 3nager Date: Approved as to Legality and Form: ze 1/4 Assistant City Attorn by. m a .c Ronald P. Gonzales, Ms Amendment No. 3 to CSC No. 43968 OFFICIAL RECORD ©llifY SECRETARY Firu 11®P C9u M&C Review Page 1 of 2 CITY COUNCIL AGENDA Official site of the City of Fort Worth, Texas FORTWORTII COUNCIL ACTION: Approved on 10/23/2012 CONTINUED FROM A PREVIOUS WEEK DAM: 10/9/2012 REFERENCE NO.: L-15444 LOG NAME: ST 171312 CARSO CODE: L TYPE: NON -CONSENT PUBLIC NO HEARING: SUBJECT: Authorize Direct Sale of a Tax -Foreclosed Property Located at 1312 Carson Street to th Garden of Eden Neighborhood Association in the Amount of $30,091.55, in Accordance with Section 34.05 of the Texas Tax Code for Use as a Community Garden (COUNCIL DISTRICT 4) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the direct sale of a tax -foreclosed property located at 1312 Carson Street to the Garder of Eden Neighborhood Association in the amount of $30,091.55, in accordance with Section 34.05 o' the Texas Tax Code for use as a community garden; 2. Authorize the execution of option to purchase; and 3. Authorize the execution and recording of the appropriate instruments conveying the property to complete the sale. DISCUSSION: The City of Fort Worth (City) received the below referenced property through a Constable Sale after tax -foreclosure suit. The City is authorized to conduct a direct sale of tax -foreclosed property to a buyer for the lesser of the market value specified in the judgment or the tax judgment amount plus any accrued post judgment taxes. A written Request to Purchase the property located at 1312 Carson Street was received from the Garden of Eden Neighborhood Association for use as a community garden. Staff recommends selling the property located at 1312 Carson Street for a purchase price in the amount of $30,091.55. The Buyer will also be responsible for payment in the amount of $22,163.15 i any post judgment taxes owed to Tarrant County. If prior to closing, Staff is able to obtain the conser of all taxing jurisdictions to sell the property for the Tarrant County Appraisal District value, then the purchase price will be in the amount of $44,006.00 and no post judgement taxes will be owed. Staff recomends selling this property to the Garden of Eden Neighborhood Association which will be responsible for all closing costs for this transaction, as well as any post judgment taxes, penalties an interest which may accrue before closing. The Planning and Development Department has reviewed the current zoning of this property, which is A-5, and determined that the zoning classification of the property is compatible with respect to the existing land use, the existing land uses of the surrounding neighborhood and future land use designations indicated by the Comprehensive Plan. http://apps.cfwnet.org/council packet/mc_review. asp?ID=17432&councildate=10/23/2012 10/23/2012 M&C Review Page 2 of 2 ADDRESS LEGAL DESCRIPTION 1312 Carson Street Tuggle, Henry P Survey A 1514 Tr 1 C .67 acros Akers, John Survey A 24 Tr 6E 1.06 acres This property is located in COUNCIL DISTRICT 4, Mapsco 65J. PRICE $30,091.55 FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that the Housing and Economic Development Department is responsible for the collection and deposit of funds due to the City. TO Fund/Account/Centers FROM Fund/Account/Centers 0001 240126 0000000 $30.091.55 Submitted for Citv Manager's Office bv: Oriainatina Department Head: Additional Information Contact: ATTACHMENTS 1312 Carson Map. pdf Fernando Costa (6122) Jay Chapa (5804) Cynthia Garcia (8187) Ryan Ramphul (7369) http://apps.cfwnet.org/council_packet/mc_review.asp?ID=17432&councildate=10/23/2012 10/23/2012