The URL can be used to link to this page

Home My WebLink AboutContract 45391-A1 CITY SECRETARY CONTRACT NO. JJJ FIRST AMENDMENT FOR A REAL ESTATE CONTRACT BETWEEN THE HURST-EULESS BEDFORD INDEPENDENT SCHOOL DISTRICT WHEREAS, the City of Fort Worth, a Texas home rule municipal corporation ("Purchaser") entered into a real estate contract ("Contract") (City Secretary Contract No. 45391) effective as of February 25, 2014 with Hurst-Euless-Bedford Independent School District ("Seller") for property located adjacent to Mosier Valley Road and Vine Street; and WHEREAS, since the Contract was executed, the parties have discovered that the Seller does not own all of the land described in the Contract; and WHEREAS, Purchaser and Seller desire to amend the contract to only include the correct legal description of the land, reduce the sales price proportionately and to provide that Purchaser will pay all Seller's costs to sell the land. NOW THEREFORE, in consideration of the Earnest Money set forth in the Contract, the parties agree as follows: 1. The Property shall be described as set forth in Exhibit A. II. Paragraph 1 shall be amended by providing that the Purchase Price shall be $195,000.000. III. Paragraph 4 shall be amended to provide that Purchaser shall be responsible for the cost of the title policy. IV. Paragraph 10 shall be amended to provide that all Closing Costs shall be paid by Purchaser. All other terms and conditions of the Contract remain unchanged and in full force and effect. OFFICIAL RECORD Effective as of October 14, 2014 CITY SECRETARY M FT.WORTH,TX n SELLER: Hurst-Euless-Bedford PURCHASER: City of Fort Worth M C C=F By: C_ Name: Fernando Costa Title: �,Celi/v�tnclent Assistant City Manager L �S� Approved as to Form and Legality First Amendment to City Secretary Contract No.45391 1 — �w a�14� ssistant City Atto of F 41 -6D�000000 vs° O o;o 0 C � � ,� ity Secre 0 tary n 0 ®00y0000000 v , M&C L- 467448-v1J12003-002000 OFFICIAL RECORD CITY SECRETARY FT. WORTH,TX First Amendment to City Secretary Contract No.45391 2 } all!!e t{t`l,iltt Eiit�i I plttfl II��iE fill;tti�{l�� l�{�i'It1 �{i{ft� rt {I%{ .gliIN+IlitNllrlr111'+1t1!t+rrlsta I _ tFIN ! 1 i 1 .• 4Nj 1 I ' I { 1 1 ■MQ■SOI 31111[1 i { _ tl>A RH•r ,r1x AG EM ns I A� s gn i Ilk.I ■r� 1 i� Y I __�� ! y ' I I I ' 1 ' ------ ----- ----- ----- - - - --- - ------ u - tom 1 RRRaaa,,, P ------ 11 •E!'� ! sj II I 1 + ■ a ii i t 1. �i Fi F F ctic:;i r r•e-•s_. t=i ??! i t�ti{�{{l{ltaj i,i{t{i!;f s i t.iftl j F t tilit :' i •.(tit+t:s!" :rss'4• t; ttls.lti} x al F-'*- ! :•_.: t' . a 1 �� a =tt r :-t yIili,,ss ice:'°_a•�I'F. � ?=- it !s" ! F: ti i5• is��i?£¢= is-.y : i=£!;•-ts{it�{'££siFi c+td = s !��FFi:ili £ °1 iFF, �1 itii^ r5 '£. =s-s- :_Ea iE a: 4„ F: s f•-Fl• „:1g� �€- s 9Si'�;^{f i __ iff xr?ii` i Fi t ii._ s t- =[t £zi: It tt�i•t_ i'3! f�iri t,°_ !+: s+asS i:l� itf's;£=s s= t.f= �. r !: _ s_ s ts_ {: t F - - i s_.s t:i F F'=.s i_i '-i S F' adp-;xe i F_�_a_' I •p t•n t! _: t !- :ts _ss 9i! 1�{tst: ! f 1_ sti,3j I=" t [i�! pt L- {'! tg;; is 6 S =_i i_ is�=? s-F!F!! :.:g-sii a= �; !ii !! !iiii..{�iit• !6 iis• ! I'd a-il t _ 11 FI-- Ri' s si iif'[!.:£F !jj i i a�,'7?:z■-i�-s t(s 3^-!�i a�'ts@:(: St!l,s-�.•.° s ys}t(rsi's1;z 4:-t-, s s s!s c{'i!iF::s{s•�-a_r c:".'t 0 t!d i.pF is f =- s ss-� ii ttl t s jc_i!i; t i A i-; = ! =s s+t(f!tl!.::iF r l•--!s l`3 r!r=tx:-t,s:-t f 6"- � ^ talr }£�i L° g?ir-! s :� !111i: {;� .a ai r ( I r s i x pp try ! t • 3 ?: = £x i.ii{!it ii iFi{fcfs Fp: si!ip1 !i;{ir{iIMp Fix aF;rr !ali r; Fi!ii st �- ! t4!jl1!t- €i5 s ++i+::s l £ :-FF' i t it F{: 11+it ! s!ii-i rs F { l E` t f4_F r_t !££:c_tljit!:tr ell a a$r.•- 4 x� s 1 l -E�Ftt{- + t �t ��i il"'ss{r! =rrrt-l-3--t_r-l-t!!F6 °'•it¢_i !t .Hilt �3 tla i + 5 S �jF��+3f t!Fs i it:{�r;^t-��t i'�a 1E•!;j 4_-i Li�s�llt�l6etr!+s! t f E $i i a i itEt':Is�.t Ft�t !.!i t-rj�r t.r"z!i.=xx_.fi:�t s I[tts!%i i.=i ii4t t jell. +s i l":t i? £=e i r�f q it.-. 17 z z�1 s i. i*i jr:1. ! IS _t -:�tlir i 1!s3{� : $ i'I _g'f= 1 :{s t s F'* t 0. !11 t[ !^r _s-a ir -z i- !:.- -i 4s ' Ft f N I f-•1p. i - j _ [i ' It• ii`i - .r. 1:I!:J[i-jFi„e +i:t=iri'£.t £ - =t rrts•e i i ii� s_lf iE t fief{ I ijSs 1{Tet! •spin!(t �{ 3st"`-_ £".i i! .li A. ,IF Iasti ' i t t_ � titl :! 4 iris ._.y9t:s: :iissi=px iits s!• F l::-li. if! 'is{ r sisi3i. M&C Reviel% Page 1 of 2 Official site of the City of Fort Worth,Texas CITY COUNCIL AGENDA FoRTWoRTH COUNCIL ACTION: Approved on 10/14/2014 DATE: 10/14/2014 REFERENCE ,,,L-1 NAME: 17MOSIERVALLEYPARKAMENDMENT CODE: L TYPE: CONSENT PUBLIC NO HEARING: SUBJECT: Amend Mayor and Council Communication L-15656 Regarding the Purchase of Property for the Creation of Mosier Valley Park so as to Add Tarrant County as a Seller(COUNCIL DISTRICT 5) RECOMMENDATION: It is recommended that the City Council: 1. Authorize an amendment to Mayor and Council Communication L-15656 to purchase property located at Mosier Valley Road and Vine and Knapp Streets for the creation of Mosier Valley Park to add Tarrant County as a seller; 2. Authorize the acceptance and recording of the appropriate instruments; and 3. Dedicate the property as parkland upon conveyance. DISCUSSION: On February 4, 2014, the City Council approved Mayor and Council Communication (M&C) L-15656 authorizing the acquisition of approximately 4.0 acres of land located on the south side of Mosier Valley Road and west of Vine Street and Knapp Street from the Hurst-Euless-Bedford Independent School District (HEB ISD) for the creation of the Mosier Valley Park in the amount of$260,000.00, plus the amount of$25,000.00 for closing costs. Since that date, HEB ISD has determined that they own only three acres of the property and that Tarrant County owns the remaining acre. Therefore, Staff recommends amending City Secretary Contract No. 45391 to acquire three acres from HEB ISD and one acre from Tarrant County. The property will be used for the development of Mosier Valley Park, which will serve the citizens in an underserved area of the City. The City has expended the amount of$10,100.00 of the previously approved amount of$260,000.00 for payment of earnest money that will be applied to the purchase price of the property from HEB ISD. The City will pay the costs to survey the property before conveyance and will confirm closing costs with a title company. The total purchase price of the property remains in the amount of$260,000.00 with an additional amount of$25,000.00 for closing costs, as approved in M&C L-15656. The legal description is as follows: Grantor Legal Description Amount Approximately 3.0 acres of land located in the Hurst-Euless-Bedford W.R. Loving Survey, Abstract No. 944, $195,000.00 Independent School District intending to be all of Tract 66, Tract 6K, Tract 6S and Tract 6T, Tarrant County, Texas Approximately 1.0 acre of land located in the Tarrant County W.R. Loving Survey, Abstract No. 944, $65,000.00 intending to be all of Tract 66, Tract 6K, Tract 6S and Tract 6T, Tarrant County, Texas http://apps.cfwnet.org/council 11/3/2014 M&C Review Page 2 of 2 Estimated Related Closing Costs $25,000.00 TOTAL $285,000.00 The property is located in COUNCIL DISTRICT 5, Mapsco 104H. FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that funds are available in the current capital budget, as appropriated, of Park Dedication Fees Fund and in the current operating budget, as appropriated, of the General Fund. TO Fund/Account/Centers FROM Fund/Account/Centers 1) C281 541100 805900222241 $285.000.00 Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Richard Zavala (5711) Jay Chapa (5804) Additional Information Contact: Cynthia Garcia (8187) Bette Chapman (6125) ATTACHMENTS MOSIER VALLEY PARK SITEf1l.pdf http://apps.cfwnet.org/council_packet/mc review.asp?ID=20260&councildate=10/14/2014 11/3/2014 M&C Review Page I of 2 Official site of the City of Fort Worth,Texas CITY COUNCIL AGENDA FoRTWoRn COUNCIL ACTION: Approved on 2/4/2014 -Amended by M&C L-15722 10/14/2014 DATE: 2/4/2014 REFERENCE L-15656 LOG NAME: 17MOSIERVALLEYPARK NO.. CODE: L TYPE: NON- PUBLIC NO CONSENT HEARING: SUBJECT: Authorize Acquisition of Approximately 4.0 Acres of Land Located on the South Side of Mosier Valley Road and West of Vine Street and Knapp Street from the Hurst-Euless- Bedford Independent School District for the Creation of the Mosier Valley Park for $260,000.00, Plus $25,000.00 for Closing Costs and Dedicate the Property as Parkland (COUNCIL DISTRICT 5) RECOMMENDATION: It is recommended that the City Council: 1. Authorize acquisition of approximately 4.0 acres of land located on the south side of Mosier Valley Road and west of Vine Street and Knapp Street from the Hurst-Euless-Bedford Independent School District for the creation of the Mosier Valley Park for$260,000.00 plus $25,000.00 for closing costs; 2. Authorize the acceptance and recording of the appropriate instruments; and 3. Dedicate the property as parkland upon conveyance. DISCUSSION: Staff recommends acquiring approximately 4.0 acres of land from Hurst-Euless-Bedford Independent School District for the development of a park to serve the citizens in an underserved area of the City to be named Mosier Valley Park. The city will pay the costs to survey the property before conveyance. The total purchase price of the property is $260,000.00 and an additional $25,000.00 for closing costs. The legal description is as follows: Grantor Legal Description Amount Hurst-Euless-Bedford Approximately 4.0 acres of land located in the Independent School W.R. Loving Survey, Abstract No. 944, $260,000.00 District intending to be all of Tract 6B, Tract 6K, Tract 6S and Tract 6T, Tarrant County, Texas Estimated Related Closing Costs $ 25,000.00 Total $285,000.00 The annual cost to maintain this parkland is estimated to be $8,060.00. This property is located in COUNCIL DISTRICT 5, Mapsco 104H. http://apps.cfwnet.org/council_packet/mc—review.asp?ID=1903 I&councildate=2/4/2014 11/3/2014 M&C Review Page 2 of 2 FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that funds are available in the current capital budget, as appropriated, of Park Dedication Fees Fund and in the current operating budget, as appropriated, of the General Fund. TO Fund/Account/Centers FROM Fund/Account/Centers 1) C281 541100 805900222241 $285,000.00 GG01 539120 808031 $8,060.00 Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Jay Chapa (5804) Richard Zavala (5711) Additional Information Contact: David Creek (5744) Cynthia Garcia (8187) ATTACHMENTS Mosier Valley Park Sitg.pdf http://apps.cfwnet.org/council_packet/mc review.asp?ID=19031&councildate=2/4/2014 11/3/2014