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HomeMy WebLinkAboutOrdinance 10243„_,,,._ t ~ r /~~}~y~~7r~g~p *~ 16 VlLW11`ILYYW.:' NOs ORDINANCE CLOSING HEARING AND LEVYING ASSESSMENTS FOR PART OF THE COST OF IMPROVING A PORTION OF MEADOWBROOK BOULEVARD, FROM EASTCHASE PARKG~IY ~ VILLAGE GREEfC BRIDGE, AND RANDOL MILL ROAD FROM INrF.R.STATE I-30 Ta MEADOWBROOK BOUL1•'VARD, AND PORTIONS OF SUNDRY OTHER STREE'PS, THE CITY OF FORT WORTH, TEXAS; FIXING CHARGES AND LIENS AGAINST ABUITTNG PROPERTY THEREON, AND AGAINST THE OWNERS THEREOF; PROVIDING EtOR THE COLLECTION OF SUCH ASSESSMENTS AND THE ISSUANCE OF ASSIGNABLE CERTIFICATES IN EVIDENCE THEREOF; RESERVING UNTti THE CITY COUNCIL THE RIGHT TO ALLOW CREDITS REDUCING THE AMOUNP OF THE RESPECTIVE ASSESSMENT TO THE EXTEND OF ANY CREDIT GRANI~D; DIRECTING THE CITY SECRETARY Ta ENGROSS AND ENROLL THIS ORDINANCE BY COPYING THE CAPTION OF SAME IN THE MINCT`PES OF THE CITY COUNCIL OF FORT WORTH, AND BY FILING THE ORDINANCE IN THE ORDINANCE RDCORDS OF SAID CITY; AND PROVIDING AN EFFECTIVE DATE. WEIEREAS, the City of Fort Worth, Texas, has heretofore ordered that each of the hereinafter described portions of streets, avenues and public places in the City of Fort Worth, Texas, be improved by raising, grading, and filling saris and by constructing thereon to--wite N~EADOWBROOK BOULEVARD From Eastchase Parkway to Village Creek Bridge, known and designated as Project No. 21-036719-00, to be improved by constructing a seven-inch thick reinforced concrete pavement with a seven-inch high attached concrete curb on a six-inch thick limn stabilized subgrade so that the finished roadway will consist of two 36-foot wide traffic lanes with a 28-foot wide median on a 120-foot right-of-way. Six-inch thick concrete driveway approaches will be constructed where shown on the plans. RANDOL MILL ROAD From Interstate I-30 to Meadowbrook Boulevard, known and designated as Project No. 21-036719-00, to be improved by constructing a seven-inch thick reinforced concrete pavement with a seven-inch high attached concrete curb on a six-inch thick lime stabilized subgrade so that the finished roadway will vary with a 48-foot minimum on a variable width right-of-way. Six-inch thick concrete driveway approaches will be constructed where shown on the plans. The above together with combined concrete curbs and gutter on proper grade and line are not already so constructed, together with storm drains and other necessary incidentals and appurtenances; all of said improvements are to be so constructed as and where shown on the plans and in strict accordance with the Plans and Specifications therefore. A contract has been made and entered into with APAC-TEXAS, TEXAS BITULITHIC DIVISION, for the making and construction of such improvements on the above said portion of streets, avenues and public places. WHEREAS, estimates of the cost of the improvements of each such portion of streets, avenues and public places were prepared and filed and approved and adopted by the City Council of the City, and a time and place was fixed for a hearing and the proper notice of the time, place and purpose of said hearing was given and said hearing was had and held at the time and place fixed therefore, to-wit, on the 17th day of January, 1989 at 10:00 A.M., in the Council Chamber in the City Hall in Tie City of Fort Worth, Texas, and at such hearing the City Council heard any protests and objections which were made by the abutting owners in connection with the assessments to be levied. NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, THAT I. The benefit hearing for the assessment for paving and other improvements to fvleadowbrook Boulevard and Randol Mill Road is hereby closed and all protests and objections, if any, to the assessments levied are hereby overruled. II. The City Council, from the evidence, finds that the assessments herein should be made and levied against the respective parcels of property abutting upon the said portions of streets, avenues and public places and against the owners of such property, and that such assessments and charges are right and proper and are substantially in proportion to the benefits to the respective parcels of property by means of the improvements in the unit for which such assessments are levied, and establish substantial justice and equality and uniformity between the respective owners of the respective properties, and between all parties concerned, considering the benefits received and burdens imposed, and further finds that in each case the abutting property assessed is specially benefitted in enhanced value to the said property by means of the said improvements in the unit upon which the particular property abuts and for which assessment is levied and charge made, in a sum in excess of the said assessment and charge made against the same by this ordinance, and further finds that the apportionment of the cost of the improvements is in accordance with the law in force in this City, and the proceedings of the City heretofore had with reference to said improvements, and is in all respects valid and regular. III. There shall be, and is hereby, levied and assessed against the parcels of property herein below mentioned, and against the real and true owners thereof (whether such owners be correctly named herein or not) the sums of money itemized below opposite the description of the respective parcels of property and the several amounts assessed against the same, and the owners thereof, as far as such owners are known, being as follows: ~J I~/• Where more than one person, firm or corporation owns an interest in any property above described, each said person, firm or corporation shall be personally liable only for its, her or his pro rata of the total assessment against such property in proportion as its, his or her respective interest in such property may be released from the assessment lien upon payment of such proportionate sum. `1. Z'he several sums above mentioned and assessed against the said parcels of property, and the owners thereof, and interest thereon at the rate of eight percent (8~) per annum, together with reasonable attorney's fees and costs of collection, if incurred, are hereby declared to be and are made a lien upon the respective parcels of property against ~nich the same are assessed, and a personal liability and charge against the real and true owners of such property, whether such owners be correctly named herein or not, and the said liens shall be and constitute the first enforceable lien and claim against the property on which such assessments are levied, and shall be a first and paramount lien thereon, superior to all other liens and claims, except State, County, School District, and City ad valorem taxes. Zhe amounts assessed against the abutting properties and the owners thereof shall constitute a first and prior lien upon such properties and personal liability of the owners thereof and shall be payable upon the acceptance by the City of Fort Worth of the Project after its completion. Said assessr~nts shall be due and payable on or before thirty days (30) after the acceptance by the City of Fort Worth of the Project, except that, if the abutting owner so elects, by complying with the terms hereinafter set forth, said assessments may be paid in installments. Said assessments may be paid in five (5) equal, consecutive annual installments, the first installment to be due and payable no later than thirty (30) days after the acceptance by the City of Fort Worth of the Project, and each subsequent installment to be due and payable on an annual basis on each consecutive anniversary date of the acceptance of the Project; in the alternative, said assessments may be paid in forty-nine (49) equal consecutive monthly installments, the first installment to be due and payable no later than thirty (30) days after the acceptance by the City of Fort Worth of the Project. Any owner electing to pay the assessment i.n installments, as provided for herein, as a condition precedent to such election, must execute a promissory note and mechanic's and materialman's lien contract evidencing the owner's intent to pay the assessment in accordance with the terms of one of the alternatives hereinabove set forth. In any case in which the owner elects to pay the assessment in installments under either of the alternatives specified, the assessment shall bear interest from the date of acc~eptanc~ of the Project at the rate of eight percent (8~) per annum. 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 the same to be imt-cdiately due and payable; this and other 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 owners executing the contract. In addition, the City Attorney shall have the authority to authorize terms of payment different than those specified herein when the Director has previously determined that an.extreme financial hardship exists. Y 1 If default shall be made in the payment of any assessment, collection thereof shall be enforced either by the sale of the property by the Assessor and Collector of Taxes of said City as near as possible in the same manner provided for the sale of property for the nonpayment of ad valorem taxes, or at the option of the City of Fort Worth, or its assigns, payment of said sums shall be enforced by suit in any court of competent jurisdiction, or as provided in any mechanic's or materialman's contract as aforesaid, and' said City shall exercise all of its lawful powers to aid in the enforcement and~coilection of said assessments. VII. The total amount assessed against the respective parcels of abutting property, and the owners thereof, is in accordance with the proceedings of the City relating to said improvements and assessments thereof, and is less than the proportion of the cost allowed and permitted by the law in force in the City. VIII . Although the aforementioned charges have been fixed, levied. and assessed in the respective amounts hereinabove stated, the City Council does hereby reserve unto itself the right to reduce the aforementioned assessments by allowing credits to certain property owners where deemed appropriate. Notwithstanding the City Council has herein reserved the right to issue credits, it shall not be required 'to issue .credits, and will not do so, if saw would result in inequity and/or unjust discrimination. The principal amount of each of the several assessment certificates to be issued by the City of Fort Worth, Texas, as hereinafter provided, shall be fixed and determined by deducting from the amount of any assessment hereinabove levied such amount or amounts, if any, as may hereafter be allowed by the City Council as a credit against the respective assessments. IX. For the purpose of evidencing 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 the enforcement and collection thereof, assignable certificates in the principal amount of the respective assessments less the amount of any respective credit allowed thereon, shall be issued by the City of Fort Worth, Texas, upon completion and acceptance by the City of the improvements in each unit of improvement as the work in such unit is completed and accepted, which certificates shall be executed by the mayor in the name of the City and attested by the City Secretary, with the corporate seal of the City impressed thereon, and shall be payable to the City of Fort Worth, or its assigns, and shall declare the said amounts, time and terms of payment, rate of interest, and the date of the completion and acceptance of the improvements abutting upon such property for which the certificate is issued, and shall contain the name of the owner or owners, if known, description of the property by lot and bock number, or front feet thereon, or such other description as may otherwise identify the same; and if the said property shall be owned by an estate, then the description of same as so owned shall be sufficient and no error or mistake in describing any property, or in giving the name of the owner, shall invalidate or in anywise impair such certificate, to the assessments levied. ..s ' ' ' v ~~! ' ~ 14~/ "'he certificates shall provide substantially that if same shall not be paid promptly upon maturity, then they shall be collectable, with reasonable attorney's fees and costs of collection, if incurred, and shall provide substantially that the amounts evidenced thereby shall be paid to the Assessor and Collector of Taxes of the City of Fort Worth, Texas, who shall issue his receipt therefore, which shall be evidence of such payment on any demand for the same, and the Assessor and Collector o.f Taxes shall deposit the sums so received by hirn forthwith with the City Treasurer to be kept and held by him in a separate fund, and when any payment shall be made in the City the Assessor and Collector of Taxes upon such certificate shall, upon presentation to him of the certificate by the holder thereof endorse said payment thereof. If such certificate be assigned then the holder thereof shall be entitled to receive from the City Treasurer the amount paid upon the presentation to him of such certificate so endorsed and credited; and such endorsement and credit shall be the Treasurer's Warrant for making such payment. Such payments by the Treasurer shall be receipted for the holder of such certificate in writing and by surrender thereof when the principal, together with accrued interest and all costs of collection and reasonable attorney's fees, if incurred, have been paid in full. Said certificates shall further recite substantially that the proceedings with reference to making the improvements have been regularly had in compliance with the law, and that all prerequisites to the fixing of the assessment lien against the property described in such certificate and the personal liability of the owners thereof have been performed, and such recitals shall be prima facie evidence of all the matters recited in such certificates, and no further proof thereof shall be required in any court. Said certificates may have coupons attached thereto in evidence of each or any of the several installments thereof, or may have coupons for each of the first four installments, leaving the main certificate to serve for the fifth installment, which coupons may be payable to the City of Fort Worth, or its assigns may be signed with the facsimile signatures of the Mayor and City Secretary. Said certificates shall further recite that the City of Fort Worth, Texas shall exercise all of its lawful powers, when requested so to do, to aid in the enforcement and collection thereof, and may contain recitals substantially in accordance with the above and other additional recitals pertinent or appropriate thereof, and it shall not be necessary that the recitals be in the exact form above set forth, but the substance thereof shall be sufficient. The fact that such improvements may be omitted on any portion of any of said units adjacent to any premises exempt from the lien of such assessrrnnts shall not in anywise invalidate, affect or impair the lien of such assessmments upon other premises. X. Full power to make and levy reassessments and to correct mistakes, errors, invalidities or irregularities, either in the assessments or in the certificates issued in evidence thereof, is, in accordance with the law in force in this City, vested in the City. " XI. All assessments levied are a personal liability and charge against the real and true owners of the premises described, notwithstanding such owners may not be named, or may be incorrectly named. ' . 1..,.. ~~ XII. • ° ~T • d The assessments so levied are for the improvements in the particular unit upon which the property described abuts, and the assessc~nts for the improvements in any unit are in nowise affected by the improvements or assess.~nts in any other unit, and in making assessments and in holding said hearing, the amounts assessed for improvements in any one unit have been in nowise connected with the improvements or the assessments therefore i.n any other unit. xllx. The assessments levied are made and levied under and by virtue of the terms, powers and provisions of an Act passed at the First Called Session of the Fortieth Legislature of the State of Texas, known as Chapter 106 of the Acts of said Session and now shown as Article 1105b of Vernon's Texas Civil Statutes, which Act has been adopted as an amendment to and made a part of the Charter of the City of Fort Worth, Texas. XIV. The City Secretary is hereby directed to engross and enroll this ordinance by copying the caption of same in the Minute Baok of the City Council of Fort Worth, Texas, and by filing the complete Ordinance in the appropriate Ordinance Records of said City. XV. This ordinance shall take effect and be in full force and effect from and after the date of its passage and it is so ordained. PASSED AIdD APPROVID this ~~~ day of 19 ~~ . APPROVED AS ~ bURM ADTO Lh~C;ALITY: ~20O0c~~ A,~,~,eCity Attorney j/2,~~~- ., . ~ _ .. !0?~DOhBR00R BOULEVARD, IOM BA.S'ICHASE PARIQ4AY R~ V ~ B~TDGE, P~-7HCr N0. 21-036719-00, is to be ing~roved by c~onstructirg a seven-inch thick reinforced concrete pavement with aseven-inch high attached concrete '` curb on a six-inch thick lime stabilized subgrade, so that the finished roadway will consist of two thirty six foot wide traffic lanes with atwenty- eight foot wide median on a one hundred aril twenty foot right-of-way. Six- inch thick concrete driveway approaches will be oonstcvcted where shown on the plans. 9tA1!IDO~L MILL 11DAD, FimM i~Aa0DBR00R BIUfJI~VARD ~ INL['ERSTATE I-30, PROJPlC'P ND. 21-036719-00, is to be improved by constructing aseven-inch thidt reinforced concrete pavement with aseven-inch high attached concrete curb on a six-inch thick lime stabilized subgrade, so that the finished roadway width will vary with aforty-eight foot minimun on a variable right-of-~aay. Six-incfi thick concrete driveway a}~proac~es will be constructed where shown on the plans. F 7WI4:Et i IEGAL ~IPTIQd E~IIR~ PRONrAQE RATE AMOZINT 1~SSES.S[~l1Tr PIKE VIB~T QARS ADDITIQd ~tT43.SIDE 100005302803 2EALTEX VHPlVRE, INC 1701 I~.ADOMlBR00R DR ~T WC~I4i TX 76112 IIR 1 IAT 1 A CF 152.00'PAV84ErTr 104.75'C[aiB 152.00' ST. LIC~II'S 193.90 SF. Ltt APP 68.66 1.99 4.62 0.00 10439.36 208.45 732.64 0.00 11380.45 11380.45 r ~~ ~=04329546 arr WOE~!'H CITY 2 JOEII~1 SMI~i bZ1ItVEY A-1446 a t89.00'PAVH4~TT 0.00 0.00 0.00 NJ 1~1SSP5.S[~3~Tr AMMENDED 11/88 '1' d;Q~t i 1~C~L D8S(RIPTION ~__.. 8QTl41.SIDE 000004710134 TEl~S UR'>z+I'rIES 2001 BR~tJ RO~l2 DiAIZAS, TX 75201 iR 4A AnTUSZY~:=, ~** ~VACAKr IDT) 000005302412 E JV. ! RDY A. BISITY i ~. 1701 RIVF~t RUN P'OEtT WOEt't~, TX 76107 nt 5004 Al1TLISTED: (V14G~Nr IAT) 000005302374 lOrADOwBti00R JV. • RaY A. HISITY i CD. 1701 RIVFR AUN STE 900 FORT i90ttTH, TK 76107 ~t 502 i SD3 AD3USTEOs* PRaN~ RATE 11NOUNr ~PII.LIAM i6+GCA SZTRVEY 11668 595.00'ADJtbTID A 545.00'PAVB~TP 538:00'Q1RB 545.00'ST. LIGKl'S 545.00'O~tAIi~ 68.68 37430.60 1.99 1070.62 4.82 2626.90 .29.25 15941.25 57069.37 i~II~LIAM i~ELCA SURVEY A-1668 B 150.00'PAVF.~JT' 150.00'CI8t~3 150.00'ST. LTGElIS 150.00' DEiAINAG1r 68.68 10302.00 1.99 298.50 4.82 723.00 29.25 4387.50 15711.00 WII~LIAM WELCH St1RVEY )+ 1668 B 277.00'PAVS~TP 250.00'CLRB 277.00'ST. LI(~JIS 277.00'ORAII~ 279.95 SF LYt. APP MEDIAN OPENING 68.68 19024.36 1.99 497.50 4.62 1335.14 29.25 8102.25 '2.41 674.68 11.148.64 11.148.64 40.782.57 PRE-PAID 11148.64 57069.37 15711.00 40782,57 AMMENDED 11/88 w2_ f,~WI~R & I~C~AL DESCRIPTION ZONI1~ 000005660606 HOUSEMAN P~JPERTIES .2911 TURTLE CREEK 1~AT,T.A.r,, TX 75062 E BLK 1 LOT 1R FlaO~fl'AGE RATE PiMO[]N>' PIKE VIEW OARS ADDITION 154.60'PAVH~Tr 154, 60'C[k2B 154.60'ST ISGHTS 154.60'D~RAINAGE 68.68 10617.93 .1.99 307.65 4.82 745.17 29.25 4522.05 16192.80 APPRAISAL 30800.00 AssFSSr~ntr 16192.80 000005885282 LESLEY WISENg1N 8 BAILOR 4849 GOLF 1~JAD SI~RIE, ITS, 60077 BIR 1 TAT 2 RANDOL CRiDSSIt4 ADDITION E 390.00'PAVE~TP 353.00'CLII2B 390.00' ST LIGH'T'S 390.00'DRAINA(~ 68.68 26785.20 1.99 776.10 4.82 1879.80 29.25 11407.50 40848.60 APPRAISAL 78000.00 40848.60 000005550505 TAT'T'ER DRAY SASI~TPS $ CH[1R(I~ OF JESUS CH 50 EAST NORTH TEND?LE SALT IAIO; CITY, tTrAH84150 BIR 2 LOT 1 PIKE VIEW OARS ADDITION E 299.30'PAVf34ErTP 299.30'CL>RB 299.30'ST ISGHTS 299.30'DRAII3AGE 68.68 20555.92 1.99 595.61 4.82 1442.63 29.25 8754.53 31348.69 .APPRAISAL 31192.00 31192.00 ANMEMDED 11/88 ~~ i~ADON18R00R BO[JLLVARD AND RA>!D(3L MILL ROAD Tfie following Community Facilities Agreements provided the Developer's contribution towards the street improvement oast for adjacent lots. Palmnold Meadows Addition Block 1, Lot 1A & 23B, and Block 2 Lots 1A & 16B CFA X11224 8/27/80 Randol Crossing Addition CFA X13252 8/30/83 Block 1, Lot 1 Mill Valley Addition CFA X13609 3/9/84 Pike View Addition CFA X14865 2/12/86 Block 1, Lots 1, 2R & 3 Block 3, Lot 1 $ 13,215.00 $ 88,346.00 $ 65,440.00 $ 36,973.22 $203,974.22 AMMENDED 11/88 -4- ~OWBROOR BOiJi~3'VARD A1,ID RArIDfJL MI]~ ROAD C0.ST DISTRI~ION: A. PROPE[rI'Y dWNER.S BY ASSES.SME~TP .............................$ 213,176.79 A.1 street construction $ 203,691.51 A.2 street lights $ 9,485.28 A.3 street construction prepaid $ 11,148.64 A.4 street construction and street lights balance $ 202,028.15 B• DEVEUDPER C~TIRIBi>TION BY t70N~TITY FACILITIES ACS.. $ 203, 974.22 B.1 street construction $ 190,132.82 B.2 street lights $ 13,841.40 B.3 all are prepaid C. ARLII~`I~O~i CITY'S SEiARE ....................................$ 380,370.26 C.1 50$ of $ 710,972.50 = $ 355,486.23 C.2 7$ of Engr.x $ 355,486.23 = $ 24,884.03 C.3 All are prepaid D. FiOR'P WORTB CI'I'Y ...........................................$ 444,745.14 D.1 street construction $ 374,153.53 D.2 street lights $ 14,205.88 D.3 7$ Engr. x $ 805,510.42 = $ 56,385.73 E. '11DTAL ffiTI~TBD PiZOJECT 006'T ..............................$1,242,266.41 F. $ 595,493.12 (488) OF T8E SS`TINF~TBD PRQ7E~G'T O06T BAS HEHJ PRBPAID. JNJ'~,1 * Credit for curb inlets ** Full credit for driveway approaches less than ten years old. *** Credit for 50 feet of barricade, no access onto the property. AMMENDED 11/88 -5- .~# - . ~~ y. MASTER FILE,. `L/~LL~1[M ®~ ~L ®U ~ ~®U ~~~ JL IL./~'I.W~Y ACCOUN'~IN(3.2 ~ /~L.W lLJ/ ®~ IL(Y U Ili ~®(LlY~ll.i ((i~ ~~ U /l U/~ U/lV !/ (l~ (L~I./~l.W ~ 1(i®~ Ti1A N(iNURIAi wwf?UBL1C WOR~.S •v elf µ a tLR Avtvtl Nl5'i REFL PROREkl't '! OE'.'ELURMEN tai DATE REFERENCE T. "'-"" • ~ ~ I~nr~ i IYU I ~n r~,~aGJJI•IC IY t NUMBER ~~~'~~iG OF MEADOWBROOK BOULEVARD P`~E 1-17-89 ~ _G-7894 FROM EASTCHASE PARKWAY TO VILLAGE for f FROM INTERSTATE I-30 TO MEADOWBROOK BOULEVARD RECOMMENDATIONS It is recommended that the City Council 1 approve the following bond fund and interfund transfers FROM TO AMOUNT REASON .~ - 94-009905-00 21-036719-00 $84,165 80 To move additional Special Assessments Meadowbrook, property owners' Unspecified Randol Mill share of cost from Revolving Fund to project account 94-009905-00 30-032344-00 Special Assessments Meadowbrook, Unspecified Randol Mill _ Street Lights 30-032901-00 30-032344-00 Street Lights Meadowbrook, Unspecified Randol Mill Street Lights $ 4,067.60 To move additional property owners' share of street light cost to project account $ 1,746 17 To provide Cit_y's additional share of street light cost. 2 adopt an ordinance closing the benefit hearing and levying the assessments as proposed, acknowledging that in each case the abutting property is specially benefitted in enhanced value in excess of the amount assessed for the improvements of Meadowbrook Boulevard from Eastchase Parkway to Village Creek Bridge and Randol Mill Road from I-30 to Meadowbrook Boulevard nrcriiccrnnl Meadowbrook Boulevard, from Eastchase Parkway to the Village Creek Bridge, and Randol Mill Road, from I-30 to Meadowbrook Boulevard, are two-lane undivided thoroughfares of county-type construction Development in the area and the accompanying increases in traffic volumes have resulted in the need to widen and upgrade these streets. These streets adjoin property developed under seven different Community Facilities Agreements One section of Meadowbrook Boulevard is on the border between the cities of Arlington and Fort Worth, the City of Arlington, under the terms of Contract No 10274 (M&C C-10955), has agreed to participate in the cost of the improvements for this section on afifty-fifty basis. ~wJ ' ~, ~ ~ DATE REFERENCE suB~ECT:BENEFIT HEARING FOR ASSESSMENT PAGE NUMBER 1-17-89 G-.7894 PAVING OF MEADOWBROOK BOULEVARD 2Z._._ 0~3___ CREEK BRIDGE, AND RANDOL MILL ROAD FROM INTERSTATE I-30 TO MEADOWBROOK BOULEVARD On October 4, 1988 (M&C C-11229), the City Council awarded the construction contract and established November 1, 1988, as the date of the benefit hearing When the contract was awarded, it was anticipated that $285,946 22 would be contributed by developers in accordance with community facilities agreements, however, some of these developers have sold their property and have reorganized or gone out of business As a result, it has- not been possible to obtain their contributions The assessment rolls and. notice to the County Deed Records have therefore been revised to include assessments against the current owners of the affected properties The benefit hearing was opened on November 1 and continued until November 29, 1988, to permst proper notification of those property owners being added to the rolls The ;cancellation of the November 29 City Council meeting made it necessary to set a new date for the benefit hearing for this project This project is located in Council District 4 PROJEGT:~DESCRIPTION ROADWAY R.O.W STREET LIMITS WIDTH/FEET WIDTH/FEET Meadowbrook Boulevard Eastchase Parkway to Double 36 120 Village Creek Bridge Randol Mill Road I-30 to Meadowbrook 48' (Min.) Variable Boulevard PROPOSED IMPROVEMENTS Meadowbrook Boulevard It is proposed to improve Meadowbrook Boulevard by constructing a seven-inch thick reinforced concrete pavement with a seven-inch high attached concrete curb on a six-inch thick lime stabilized subgrade so that the finished roadway will consist of two 36-foot wide roadways with a 28-foot wide median on a 120-foot right-of-way Six-inch thick concrete driveway approaches will be constructed where shown on the plans Randol Mill Road It is proposed to improve Randol Mill Road by constructing a seven-inch thick reinforced concrete pavement with a seven-inch high attached concrete curb on a six-inch thick lime stabilized subgrade so that the finished roadway will vary with a 48-foot minimum on a variable width right-of-way Six-inch thick concrete .driveway approaches will be constructed where shown on the plans •~~ - ~' 1 :~~ DATE REFERENCE NUMBER sue.lEC~ENEFIT HEARING FOR ASSESSMENT PAGE 1-17-89 G-7894 PAVING OF MEADOWBROOK BOULEVARD 3 _0>3 _ CREEK BRIDGE, AND RANDOL MILL ROAD FROM INTERSTATE I-30 TO MEADOWBROOK BOULEVARD ASSESSMENTS Based on standard City policy and the low bid prices,. the cost to the property owners for their share of the construction has been calculated at $417,151.01 Cost to the City of Fort Worth has been calculated at $444,745.14. Cost to the City of Arlington has been calculated at $380,370.26 Total project cost is $1,242,266.41 It is the opinion of the Director of Real Property Management that, as a result of the proposed construction, each parcel of adjacent property will be enhanced in value by an amount in excess of the proposed assessment PROJECT FINANCING The reduction in the amount of prepayments and the increase in the amount of assessments for this project have necessitated the recommended bond fund and interfund transfers Sufficient funds are available for transfer in the Special Assessment Fund 94, Unspecified and in the Street Improvement Fund 30, Project No. 032901-00, Unspecified, in the amount of $88,233.40 and $1,746.17 respectively Upon approval and completion of Recommendation No. 1, sufficient funds will be available in Street Improvements Fund 21, Project No. 036719-00, Meadowbrook-Randol Mill Road, to finance the street portion of the contract, and in Street Improvement Fund 30, Project No 032344-00, Meadowbrook-Randol Mill Street Lights, to finance the street light portion of the contract DAI d/m/mc APPROVED BY CITY COUNCIL JAN l.rj 1989 N~'L~~~ City Secretasp a~ the Ciiy of Foz: CfJor.Ff, Texan SUBMITTED FOR THE CITY MANAGER'S OFFICE BY Davi d Ivor DISPOSITION BY COUNCIL: ^ APPROVED PROCESSED BY ORIGINATING ^ OTHER (DESCRIBE) DEPARTMENT HEAD Gar Santerre CITY SECRETARY FOR ADDITIONAL INFORMATION Adopted Ordinance iVo. O [ CONTACT Drolet 700:! DATE.