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HomeMy WebLinkAboutOrdinance 10505~. ,,.. ORDINANCE NO .~ AN ORDINANCE CLOSING BENEFIT HEARING AND LEVYING ASSESSMENTS FOR PART OF THE COST OF IMPROVING A PORTION OF BRXANT IRVIN ROAD NORTH FROM CAMP BOWIE BOULEVARD TO FIFTY-FOUR FEET SOUTH OF CALMONT AVENUE, AND PORTIONS OF SUNDRY OTHER STREETS, AVENUES AND PUBLIC PLACES IN THE CTTY OF FORT WORTH, TEXAS, FIXING CHARGES AND LIENS AGAINST ABUTTING PROPERTY THEREON, AND AGATNST THE OWNERS THEREOF; PROVIDING FOR THE COLLECTION OF ASSESSMENTS AND THE ISSUANCE OF ASSIGNABLE CERTIFICATES, RESERVING TO THE CTTY COUNCIL THE RIGHT TO ALLOW CREDITS REDUCING THE AMOUNTS OF THE ASSESSMENT TO THE EXTENT OF ANY CREDIT GRANTED, DIRECTING THE CITY SECRETARY TO ENGROSS AND ENROLL THE ORDINANCE BY COPYING THE CAPTION IN THE MINUTES OF THE CITY COUNCTL OF FORT WORTH, AND BY FILING THE ORDINANCE IN THE ORDINANCE RECORDS OF THE CTTY, AND PROVIDTNG AN EFFECTIVE DATE ':r Y-.~ WHEREAS, the City of Fort Worth, Texas, has declared the necessity for and ordered that each of the following portions of streets, avenues and public places be improved by raising, grading, filling and constructing thereon BRXANT IRVIN ROAD NORTH From Camp Bowie Boulevard to Fifty-Four Feet South of Calmont Avenue, known and designated as Project No 67-023188-00, to be improved by constructing a seven-inch thick reinforced concrete pavement with a seven-inch high attached concrete curb over a six-inch thick lime stabilized subgrade so that the finished roadway will be forty-four feet wide on a sixty foot width Right-of-Way Six-inch thick concrete driveway approaches and four-inch thick concrete sidewalks will be constructed where shown on the plans -1- - .~~^ un. a~~ni^ x~wui~!IelilnLi:~L~a...~IL.,~~11u1~f _~f!t Llli g l'L14R~ ~ k~ N §' {fa~ffli t1i0~ffCf~4 i 1`11'9 l11_ x, ' " - ~ ~ r ,t. ~ .V ~, '3 ., ,..' WHEREAS, concrete curbs and gutters on proper grade and line, storm drains, and other appurtenances shall be constructed. WHEREAS, all improvements will be constructed strictly according to the Plans and Specifications previously approved. WHEREAS, funds have been allocated for the improvements and a contract has been executed with J L Bertram Construction & Enaineerina, Inc., for constructing the improvements on the referenced streets, avenues, and public places. WHEREAS, estimates of the cost of the improvements to the streets, avenues, and public places were prepared, filed, approved, and adopted by the City Council. WHEREAS, the proper notice of the time, place, and purpose of the hearing was given WHEREAS, the hearing was held on the 30th day of January, 1990 at 10:00 o'clock A.M. in the Council Chamber of the City of Fort Worth, and at the hearing the Council permitted all interested parties a full and fair opportunity to be heard. WHEREAS, the City Council, having fully considered all the matters presented during the hearing, is of the opinion that the hearing should be closed and the assessments should be made and levied as herein ordered. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, THAT: I The benefit hearing is hereby closed. II The City Council finds from the evidence (i) that the assessments should be made and levied against the respective parcels of property abutting the streets, avenues, and public places and against the owners of such property, (ii) that the assessments and charges are correct; (iii) that the assessment and charges are substantially in proportion to the benefits conferred to the respective parcels of abutting property by the improvements in the unit in which the assessments are levied; (iv) that considering the benefits received and the burdens imposed, the assessments establish substantial justice, equality, and uniformity between the owners of the respective parcels of abutting property; (v) that each parcel of abutting property assessed is specially benefitted in the enhanced value of the improvements in a sum of money in excess of the sum for which the assessment is levied and the charge made; (vi) that the apportionment of the cost of the improvements is in accord with city ordinances; and (vii) that the proceedings of the city for the improvements are valid. III. There shall be, and is hereby, levied and assessed against the parcels of abutting property described in Exhibit "A" attached and dated January, 1990, and against the owners thereof, whether named or incorrectly named, the sums of money itemized opposite the description of the respective parcels of abutting property -2- i IV. Where more than one person, firm or corporation owns an interest in any property described in Exhibit "A", each person, firm, or corporation shall be personally liable only for his or its assessment in the proportion that his or its interest bears to the total ownership interest of the property. An interest in jointly owned property may be released from the assessment lien upon payment of the proportionate amount owed. V. The amounts described in Exhibit "A" and assessed against the parcels of abutting property and the owners thereof, together with interest at eight percent a year, reasonable attorney's fees and costs of collection, are hereby declared (i) to be and are made a lien upon the parcels of abutting property against which they are assessed; (ii) to be and are made a personal liability and charge against the owners of the parcels of abutting property, whether such owners are correctly named; (iii) to be and constitute the first enforceable lien against the parcel of abutting property on which the assessments are levied, superior to all other liens and claims, except state, county, and school district taxes and city ad valorem taxes.. The assessments shall be payable on or before 30 days after the acceptance by the City of Fort Worth of the project; provided, however, an abutting property owner may elect to pay the assessment in five equal, consecutive annual installments. The first installment shall be paid no later than thirty days after the acceptance by the City of Fart Worth of the project. Each subsequent installment shall be paid annually on each annivesary date of the acceptance of the project. In the alternative, an abutting property owner may elect to pay the assessment in 49 equal, consecutive monthly installments, the first installment to be paid no later than thirty days after the acceptance by the City of Fort Worth of the project. Any owner electing to pay the assessment in installments, must execute a promissory note and mechanic's and materialman's lien contract evidencing the owner's intent to pay the assessment in accord with the terms of one of the installment alternatives. if the owner elects to pay the assessment in installments under either alternative, the assessment shall bear interest from the date of acceptance of the project at the rate of eight percent per year. Should any installment not be paid on its due date, the City of Fort Worth shall have the option to accelerate the entire unpaid balance of the assessment and declare it immediately payable Any terms governing any default in the payment of any installment shall be set forth in the mechanic's and materialmen's lien contract and shall be uniform among all abutting property owners executing an installment contract. In addition, the City Attorney shall have the authority to authorize terms of payment different than those specified herein when the Director of Transportation and Public Works has previously determined that an extreme financial hardship exists VI. Any default in the payment of any assessment shall be enforced either (i) by the sale of the parcel of abutting property by the Assessor and Collector of Taxes of the city in the same manner provided for the sale of property for the nonpayment of ad valorem taxes, (ii) at the option of the city or its assigns by suit in any court, or {iii) as provided in the mechanic's and materialman's contract created by this ordinance. The city shall exercise all powers to aid in the enforcement and collection of the assessments -3- -° - +~ ~+?!^!9!'!A•1~111NlllAlAllfllHlllAANllwlfl•1!AI!If1t111!Iill'"®14111!!!111~Al1~1114!!I!~''Lg41i'RI' ' FIFaI'I1FIi1FSiVFRf! '~~iwiri >r VII The total amount assessed against the respective parcels of abutting property and the owners thereof is in accord with the proceeding of the city relating to the improvements and assessments thereof and is less than the proportion of the cost allowed and permitted by the law VIII. Although charges have been fixed, levied, and 'assessed as stated, the City Council hereby reserves the right to reduce the assessments by allowing appropriate credits to certain property owners. Even though the City Council reserves the right to issue credits, it shall not be required to issue credits, and will not do so if the credits are inequitable or discriminatory. The principal amount of each assessment certificate issued by the city shall be determined by deducting any credit from the amount of the assessment. IX To evidence the several sums assessed against the respective parcels of abutting property and the owners thereof, and the time and terms of payment, and to aid in their enforcement and collection, the city shall issue, upon completion and acceptance of the project, assignable certificates in the amount of the respective assessment less any credits allowed The certificates shall be executed in the name of the city by the Mayor, attested by the City Secretary, and impressed with corporate seal of the city. The certificate shall be payable to the City of Fort Worth or its assigns, and shall declare the amounts, time and terms of payment, rate of interest, and the date of the completion and acceptance of the improvements abutting the parcel of property for which the certificate is issued. Moreover, the certificate shall contain the name of the owner or owners, if known, and the description of the property by lot and block number, front feet, or as may ,otherwise identify the property. Property owned in the name of an estate may be assessed in that name No error or mistake in describing any property, or in giving the name of any owner shall invalidate or impair the certificate for the assessments levied.. The certificate shall provide that if it is not paid promptly upon maturity, it shall be collectable, with reasonable attorney's fees and costs of collection. In addition, the certificate shall provide that the amount evidenced in it shall be paid to the Assessor and Collector of Taxes of the City of Fort Worth, who shall issue a receipt as evidence of payment. The Assessor and Collector of Taxes shall deposit the sums he receives with the City Treasurer to be kept and held in a separate fund After any payment on a certificate is made to the city, the Assessor and Collector of Taxes, upon presentation of the certificate, shall endorse the certificate to show the payment. If a certificate is assigned, the holder shall be entitled to receive from the City Treasurer the amount paid by presentation of the certificate endorsed and credited, and the endorsement and credit shall be the Treasurer's Warrant for making the payment The payments by the City Treasurer shall be receipted for the holder of the certificate in writing and by surrender when the principal, together with accrued interest and all costs of collection and reasonable attorney°s fees, have been paid. The certificate shall further recite that the proceedings for making the improvement were held in compliance with the law, and that all prerequisites for fixing the assessment lien against the property described in certificate and against personal liability of the owners have been completed. The recitals shall be prima facie evidence of all matters recited in the certificates, and no further proof shall be required in any court. -4- The certificates may have coupons attached to evidence any installment or may have coupons for (i) each of the first four installments, leaving the main certificate to serve as the fifth installment coupon, (ii) or each of the first 48 installments leaving the main certificate to serve as the 49th installment coupon. The coupons may be payable to the City of Fort Worth, or its assigns. The certificates may be signed with the facsimile signatures of the Mayor and City Secretary. The certificates shall also recite that the city shall exercise all powers to aid in the enforcement and collection of the certificate Recitals need not be in any exact form, but in substantial compliance with this ordinance X. The city has power to make and levy assessments and to correct mistakes, errors, invalidities or irregularities, either in the assessments or in the certificates. XI. All assessments levied are a personal liability and charge against the owners of the property described in Exhibit "A", even though the owners may not be named or may be incorrectly named. Failure to make improvements in front of an abutting property that is exempt from assessment will not invalidate the lien or liability for assessments made against other abutting property.. XII The assessments levied are for the improvements in the particular unit upon which the respective parcels of property abut, and the assessments for the improvements in any unit are not affected by the assessments or improvements in any other unit. In making assessments and in holding the benefit hearing, the amounts assessed for improvements in any one unit have not been connected with the improvements or assessments for improvements in any orher unit. XIII. The assessments are levied under the provisions of TEX. REV. CIV STAT ANN. art 1i05b (Vernon 1964), which statute has been adogted as an amendment to and made a part of the Charter of the City of Fort Worth. XIV. The City Secretary is directed to engross and enroll this ordinance by copying the caption in the Minute Book of the City Council and by filing the complete Ordinance in the appropriate Records of the City. XV The ordinance shall take effect and be in full force after the date of its passage, and it is so ordained -5- PASSED AND APPROVED this day of 19 / D APPROVED AS TO FORM AND LEGALITY: I~ City Attorney Date:---------------------------- Adopted - -- - --~D ~~~~ Effective:-----/'~D-~~ -- -G- ~i:: t C~tMOMT 1 I i 1 1 ~ 1 ~ tOCRC «~s~~ r • tov[tt ~ ~~ 1.~. ..~.,. ~ ,{.{.~. .. . . _ ~ ~ ~ ~ ~~ 3 ' I i - ~' ' + iYR2OM V ' ~'S'ti~N!• T ~ f i I J / - .~.. •• • . w1 •I II'II•'•1. • • • I • ~ ~ ' ~• i + f. = , ~ Z v w 11~/•~ r w r w•. wr V 1' ! i j O "'~ i ~ 8 ~ w•a •..••r •. I'• . I• . ~ ~ rsa d. ~ w w r. ~~t. • .' ~LL 1 ~ S t wvt • • r w• . r I~/ It • .~ 0 ~( ' ~ .. ~ • w1. .• MY~~ ~ wv[ ~ f A. ~ ~ ~•`•3 A a C ~~~'° ~``~~ / ~l. _ ;~: • 167 •'~ . {••' i ~~•~ ~2~ ~ ~ •.~~.:-::.J wvt 1 28t t R r /7~ •owatttt~ s wK ~ t • rS~ ' - S4 1Q3 ,~ ~~, BRYANT IRVIN+,ROAD NORTH (CAMP BOWIE BOULEVARD TO CALMONT) PROJECT N0. 67-023188-00 EX~TIBI'r A JAN[JARY 1990 ~ I-~O- Z Q u~a m ~l ,~ ~~ROJECT l10. 57-023188-00, BRYANT IRVIN ROAD lIORTH, CAMP BOWIE BOQLEVARD TO FIFTY FOUR FEET SQUTH OF CALMONT AVENUE, to be improved by constructing a seven-inch thick reinforced concrete ,~navement vith a aeven-inch high attached concrete on a aix-inch thick lime stbilized subgrade Aso that the finished roadway Will be forty-four feet wide on a sixty foot wide Right-Of-Way. Four-inch thick -concrete sidewalks and six-inch thick concrete driveway approaches will be constructed where shown on the plans. OWNER ~ LEGAL DESCRIFTION BEGINNING AT CAMP BOWIE EAST SIDE 000000469742 $ FOODMARER INC FOODMARER INC #761 P 0 BOX ?83 SAN DIEGO CA 92112 BLR S1 LOT 19 BONING FRONTAGE RATE AMOUNT CHAMBERLAIN ARLINGTON HEIGHTS F 120.00'PAVEMENT 54.51 120.00'CURB 2.78 480.00'SF SDWK (R) 1.71 Less Credit APPRAISAL 6541.20 333.60 820.80 695.60 3Sfs4.00 3838- 1~Q 3600.00 ASSESSMENT 3600.00 ADJUSTED:**, BUSINESS CURZON INTERSECTS 000000469467 YELDA BATTAT 3512 PARKRIDGE BLVD FT WORTH TX 76109 BLR 33 LOT 21 F CHAMBERLAIN ARLINGTON HEIGHTS 125.00'PAVEl~ENT 54.51 109,00'CURB 2.78 500.00'SF SDWK (R) 1.71 6813.75 303.02 855.00 79 4019.53 3952.24 Less Credit APPRAISAL ADJUSTED:*, **, BUSINESS 000000459459 BOBBY Q LAMER 5929 LOYELL E FT WORTH TX 76107 SLR 33 LOT 20 3750.00 CHAMBERLAIN ARLINGTON HEIGHTS 126.00'PAVEMENT Sl.S1 126.00'CURB 2.78 312.00'SF SDWR (R) 1.71 6868.26 350.28 533.52 7752. 6 3913.50 Less Credit 3838.56 APPRAISAL 3780.00 ADJUSTED:**, CLINIC 3750.00 3780.00 - 1- h ~, i OFl18ER & LEGAL DESCRIPTION BONING FRONTAGE RATE AMOUNT J,dVELL AVENUE INTERSECTS CHAMBERLAIN ARLINGTON HEIGHTS 000000469122 ANGELA RING TRUST R R TR MAULSBY 3500 MARQUITA E 126.00'PAVEMENT 54.51 6868 26 FT WORTH TX 76116 110.00'CURB 2.78 . BLR 29 LOT 21 504.00'SF SDNR tN) 1.71 305.$0 861.84 80 0 Less Credit 3618.46 44 APPRAISAL 3780.00 ADJUSTED:*, **, VACANT LOT CHAMBERLAIN ARLINGTON HEIGHTS 000000469114 - - ----- ---- IMOGENE W PURDUE 6450 RIRRWOOD RD B 456.00'SF SDWR (N) 1.71 779.76 FT WORTH TX 76116 BLK 29 LOT 20 APPRAISAL -p- RESIDENCE 000000468525 LINDA SUE BARGAS 5940 LOCRE FT WORTH TX 76107 BLK 19 LOT 21 CHAMBERLAIN ARLINGTON HEIGHTS B 496.00'SF SDWR (N) 1.71 848.16 APPRAISAL RESIDENCE 000000468517 RESIDENTIAL PARTNERS $ HANOVER PROP INC 4043 TRINITY MILLS DALLAS TX 75256 BLR 19 LOT 20 CHAMBERLAIN ARLINGTON HEIGHTS B 412.00'SF SDWR (N) 1.71 APPRAISAL RESIDENCE -0- 704.52 -0- ASSESSMENT 3780,00 -0- -0- =0- 2- 3 OWNER b LEGAL DESCRIPTION ZONING 0. 000000468193 CALMONT CORP P 0 BOX 470099 B FT WORTH TX 76147 BLR 2 LOT 21 - RESIDENCE MALVEy STREET INTERSECTS 000000468177 CALMONT CORP P 0 BOX 470099 C FT WORTH TX 76147 BLR 20 LOT 2 FRONTAGE RATE AMOUNT CHAMBERLA]N ARLINGTON HEIGHTS 380.00'SP' SDWR (N) 1.71 549.80 APPRAISAL -0- CHAMBERLAIN ARLIIGTON HEIGHTS 126.00' ADJUSTED 71.00' PAVEMENT 54.51 3$70.21 71.00' CUFtB 2.78 197.38 240.00' SF SDWR (N) 1.71 410.40 93.95' SF DR APPR 3.21 301.58 4779.57 Less Credit 2235.35 2544.22 APPRAISAL 3780.00 •ASSESSMENT -0- 2544.22 ADJUSTED:**, ~~, RESIDENCE WEST SIDE OF STREET 000004959884 RIDGLEA BAPTIST CHURCH 6037 CALMOIVT B FT WORTH TX 76116 BLR 3 LOTS 1 CHAMBERLAIN ARLINGTON HEIGHTS 126.00'ADJIISTED 71.00'PAV]':MENT 54.51 3870.21 71.00'CUR]; 2.78 197.38 188.00'SF SDWR (R) 1.7i 321.48 194.70'SF IIR APPR 3.21 624.99 50 0 Less Credit 2591.48 24_ APPRAISAL 3780.00 2422.58 ADJUSTED:**, #~, CHURCH WEST SIDE 000000468304 EQUITY INVEST LTD I 3505 CAMINO DEL RIO B SAN DIEGO CA 92108 BLR 3 LOT 40 RESIDENCE CHAMBERLAIN .ARLINGTON HEIGHTS 101.70'SF DlR APPR (N) 3.21 APPRAISAL 3- 326.46 -a -o- "~ _ ,;, GW~ER 4 LEGAL DESCRIPTION ZONING FRONTAGE RATE A!lOUNT ASSESSMENT CHAMBERLAIN ARLINGTON HEIGHTS 000b00469688 BILLY G WOOD 2501 RIDGMAR PLAZA E 125.00'PA'VEMENT 54.51 6813 75 FORT WORTH TX 76116 109.00'CUIRB 2 ~8 . BLR 34 LOT 40 • 303.02 7116.77 Less Credit 3589.53 5~. 24 4 1PPRAISAL 3750.00 ADJUSTED:** CLINIC 3527.24 , CHAMBERLAIpf ARLINGTON HEIGHTS 000000469696 ALICE J DESANDERS 11501 E NORTHWEST HWY F 160.00'PAVEMENT 54.51 8721.60 DALLAS TEX 75218 160.00'CURB 2.78 444.80 BLR 49 LOT 1 800.00'SF ~SDWR iR) 1.71 1368.00 1053 .40 less Credit 5316..80 z~'i7:6o APPRAISAL 4$00.00 .ADJUSTED:**, VACANT LOT 4800.00 -4- I s .t ~ ~,~ ~ ~~ LEGEND: Curb Inlet Credit ** The Assessment Paving Policy provides for: A. City cost sharing Hof 50$ for sidewalk replacement: $1.71 X 50~ = 5.86/S.F. B. Existing life of HMAC Pavement credit 50$. 44' Wide $54.51 X~50~ = 527.26/L.F. C. Existing life of concrete curb credit 60$; $2.78 X 60~ _ $1.67/L.F D. Existing life of concrete driveway approaches (constructed to City standards), credit 60$; $3.21 X 60~ _ $1.93/S.F. S# Adjusted for Project limits NOTE: 'THE STREET WAS RECONSTROC~TED IN 1969. (N) NEW SIDEWALK (R) REPLACEMENT SIDEWALK: =5- x I ` r t !>se ~ssessaent taviaQ tolict as serfs iul~ 26, 1l87 (ltiC ti-~1b0j, lrorid:s `, tbat propertj soned aad aced u oae or l~ro-lamilT residential property rill aot be use:sed !or street recoastractioa (eESaegt !or aissfnQ anrD, yntter, drirevay approtobes and afderalks, if added). Oader tais policT', t1~e owners of tde iollariaQ iaiprored progert! soned and osed u aa~e aad tro-~aoil= resideaces rill sot be uaessed. CHAI`'~EItIAIti Alt1.INC"T~1 AEIC~3T5 ADlD BLOCK 18, IAT 1 & 40 BLOCK 28 , IArT 1 & 40 BLOCY, 34 , I~7T 1 -6- _ ~ ~;,_, , ,:.,. ,, BRYANT IRVIN ROAD NORTH, PROJECT N0. ;67-023188-00 (CAMP BONIE BOULEVARD TO FIFTY-FOUR FEET SOUTH OF CALMONT AVEIiUE) COST DISTRIBUTION: A. Property Owner By Assessment....,, .............. $ 28,204.04 B. Fort Worth City ..... ............,... .........$ 274,487.97 B.1 Construction .................$ 260,074.06 B.2 Engr. Insp./Admin... .. .....$ 14,413.91 (5$ of bid $ 288,278.10) C. Total Estimated Project Cost ................... $ 302,692.01 -7- µ~urert rrrx•~ ~l.~~t y ~f ~L ' ~`~°t 'V~Y ®~t~~ ~~.'~'L~~ F YRANSPORTATN)Mt/tiBtJC ,WpRKB• , N~tER G/~~~~ w N~cr;~Yr~n+ REFERENCE su6.-ECr; BENEFIT HEARING FOR THE PAGE NUMBER ASSE',SSMENT PAVING OF BRYANT IRVIN 2 ~J 1-30-90 6-8432 ROAD N. FROM .CAMP BOWIE BOULEVARD '°' -_~_-_ TO F:[FTY-FOUR FEET SOUTH OF CACMONT AVENIJE (PROJECT N0. 67-023188-00) RECOMMENDAT,ION• It is recommended that the City Council adopt an ordinance closing the benefit `hearing and levying assessnhents as proposed, acknowledging that in each case the abutting property is specially benefited in enhanced value in excess of the amount assessed for the improvement of Bryant Irvin Road N. from Camp Bowie Boulevard to fifty-four feet south of Calmont Avenue. DISCUSSION. The 1986 Capital Improvement Program approved in March, 1986, included funds for the improvement of Bryant Irvin Road N. (formerly Guilford Road) from Camp Bowie Boulevard to I-30. Calmont Street is the frontage road for I-30. The State Department of Highways and Public Transportation recently improved I-30 and reconstructed the fifty-four feet of Bryant Irvin Road south of Calmont Avenue as part of its project. On January 2, 1990 (M&C C-18085), the City Council awarded the construction contract for this project and established January 30, 1990, as the date of the benefit hearing. Notices have been given in accordance with Article 1105b, Vernon's Annotated Civil Stai;utes. The project i s ~,1 ocat.ed'"'along the boundary of Counci 1 Distri ct 3 and 7. ~`:} arir2 y.~.~ PROPOSED IMPROV~EPIENTS: ` ' ' It i s proposged t.o; %m,prove thi s~ segment of Bryant Irvi n Road N. by constructing seven-inch thick reinfcyrced concrete pavement with seven-inch high attached concrete.,fcurb on a six-inch thick lime stabilized subgrade so that the finished ,road.w`ay wi 11 bE~ forty-four feet wide on a s i xty-foot right-of-way.w:Six-nch~tiiick concrete driveway approaches and four-inch thick concrete sidewalks will be constructed where shown on the plans. ,r• ASSESSMENTS• This street has previously been constructed to City standards, therefore, in accordance with the Assessment Paving Policy, properties zoned and used for one- and two-family residences are being assessed only for new sidewalks and for new driveway approaches which were not to City standards. ., DATE REFERENCE NUMBER SUBJECT gENEFII' HEARING FOR THE PAGE 1-30-90 6-8432 ASSESSMENT PP~VING OF BRYANT IRVIN f ti 2 2 ROAD N FROM-CAM E B E o _ __ , - • TO FIFTY-FOUR; FEET SOUTH OF CALMONT ~•~~.~,r }~_~'• AVENUE (PROJE;CT N0. 67-023188-00) M Q' p, Y An independent appraiser has advised the staff as to the amount of enhancement to property values that will result from the proposed improvements. Based on standard City policy, the low bid prices, and the advice of the independent appraiser, the cost of the construction has been computed at $28,204.04 (9%) for the property owners and $274,487.97 (91%) for the City of F.ort;Worth at large. ra The independent appraisal substantiates that, as a result of the proposed construction, each parcel of adjacent property wi 11 be enhanced i n value by an amount equal to or greater than the proposed assessment. WWW:d APPROVED BY CITY COUNCIL ~ AN 30 199Q l~t~.4~~~~L,,, city see=et~y of tha City of Fort Wortlk Taxa/ SUBMITTED FOR THE CITY MANAGER'S OFFICE BV Wi 11 i am Wood DISPOSITION BY COUNCIL: ^ APPROVED PROCESSED BY ORIGINATING ^ OTHER (DESCRIBE) ^ DEPARTMENT HEAD• Gary Sd11t@rre CITY SECRETARY FOR ADDITIONAL INFORMATION CONTACT Martha Lunday 8063 DATE ~~~~~'° '~• , ~, 4E 'tl (}~~t~