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HomeMy WebLinkAboutOrdinance 10140., j, .~: r ~ ^".R oRDI1~,NCE No. ~ ORDINANCE CIASING HEARING AND LEVYING ASSESSMENTS FOR PART OF THE COST OF IMPROVING A PORTION OF WESTERN CE1~TI'ER BOULEVARD AND PORTIONS OF SUNDRY OTHER STREETS, AVENUES AND PUBLIC PLACES IN THE CITY OF FDRT W~2TH, TEXAS; FIXING CHARGES AND LIENS AGAINST ABUTTING PROPERTY THEREON, AND AGAINST THE OWNERS THEREOF; PROVIDING FOR THE COLLECTION OF SUCH ASSESSMENT'S AND THE ISSUANCE OF ASSIGNABT~ CERTIFICATES IN EVIDENCE THEREOF; RESERVING UNTO THE CITY COUNCIL THE RIGHT Ta ALLOW CREDITS REDUCING THE AMOUNT OF THE RESPECTIVE ASSESSMENT TO THE EXTENT OF ANY CREDIT GRANTED; DIRECTING THE CITY SECRETARY 'I'0 ENGROSS AND ENROLL THIS ORDINANCE BY COPYING THE CAPTION OF SAME IN THE MINUTES OF THE CITY COUNCIL OF FORT WORTH, AND BY FILING THE ORDINANCE IN THE ORDINANCE RECORDS OF SAID CITY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, 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 same and by constructing thereon to-wit: WESTERN CENTER BOULEVARD From 470 feet west of Pacesetter Drive to Interstate (PHASE I AND PHASE II I-35W, known and designated as Project No. 90-136067-00, to be improved by constructing a seven-inch thick reinforced concrete pavement on a six-inch thick lime stabilized subgrade with seven-inch high super-imposed concrete curb on a thirty-six foot wide traffic lane. Six-inch thick concrete driveway approaches will be constructed where shown on the plans. (The improvement is for the south side of the boulevard only the north side was completed as part of another project). 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 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 for Phase I, installation of a portion of the storm drain system with J.L. BERTRAM CONSTRUCTION AND ENGINEERING,INC. for the making and construction of such improvements on the above said portion of streets, avenues and public places. WElEREAS, 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 tip and place fixed therefore, to-wit, on the 19th day of JULY, 1988 at 10:00 A.M., in the Council Chamber in the City Hall in the 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 WESTF-,RN CENTER BOULEVARD, from 470 feet west of Pacesetter Drive to Interstate I-35W, 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. 'T'here 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 ]mown, being as follows: IV. 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. V. The 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 which 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. 'I'he 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 assessments 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-eight (48) 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 in 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 acceptance of the Project at the rate of eight percent (8g) 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 immediately 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. -3- VI. 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 non-payment 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 collection 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 same 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 block 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. -4- The 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 of Taxes shall deposit the sums so received by him 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 powars, 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 assessments shall not in anywise invalidate, affect or impair the lien of such assessments 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. -5- :o. 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. XII. The assessments so levied are for the improvements in the particular unit upon which the property described abuts, and the assessments for the improvements in any unit are in nowise affected bx the improvements or assessments 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 in any other unit. XIII. 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 Book 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 AND APPROVED this ~ day of 19~:e`=~-. APPROVED AS TO FORM AND LEGALITY: .~.~ Ci Attorney -6- PR(JJECT"NO. 90-136067-00, WESTERN OTTER BOULEVARD ( SOUTH LANE) , FROM 470 FEET WEST%OF' PACESETTER DRIVE TO INTERSTATE I-35W, to be improved by constructing a seven-inch thick rein- forced concrete pavement on a six-inch thick lime stabilized sub-grade with seven-inch high super-imposed concrete curb on a thirty-six foot wide traffic lane. Six-inch thick con- ~rete driveway approaches will be constructed where shown on the plans. (The improvement is for the south side of the boulevard only, the north side was completed as part of another Project). OWI~R & LDGAL DESCRIPTION ZONING SOUTH SIDE 000003830306 JERRY C MASON 102 FAIRMOL1Nr AVE APT #4 FORT WORTH TX 76179 A 345 TR 1E FRONTAGE RATE AMOiJTTI' DAVID COOKS SURVEY 66.00 ' ' PAVII~IF~Tr 66.00 "CURB 21.73 1434.18 1.89 124.74 1558.92 APPRAISAL 4059.00 ASSESSMENT 1558.92 000003830292 MRS R E PARHAM RT 1 BOX 386 SAGINAW TX 76179 A 345 TR 1D 000003830284 AUS PER 174 JV, $ Roy Busby & CO 12566 N CENTRAL EXPRWY ST DALLAS TX 75243 A 345 TR 1C DAVID DOORS SURVEY 95.00' PAVEr~ 56.61 5377.95 100.00' PAVEr~TI' 21.73 2173.00 95.00' CURB 2.17 206.15 100.00' CURB 1.89 189.00 95.00' LIGHT'S 7.38 701.10 95.00' DRAIl~GE 38.62 3668.90 101.70 SF DR APPR 3.21 326.46 12,642.56 APPRAISAL 14625.00 DAVID OOOKS SURVEY F 209.00 "PAVE[~[~r 209.00''CURB 209.00' 'LIGHT'S 209.00 "DRAINAGE 148.20 SF DR APPR 56.61 11831.49 2.17 453.53 7.38 1542.42 38.62 8071.58 3.21 475.72 22374.74 12,642.56 22374.74 RE,'VISED 6/27/88 -1- OW[~R &' `LEGAL DESCRIPTION ZONING PACESETTER DRIVE ,SOUTH SIDE 000004599128 AUS PER 174 JV, $ FRED BRODSKY CO 12655 N C~I~TrRAL EXPRWY ST I DALLAS, TX 75243 A 1036 TR 2A FRONTAGE RATE MORRIS RICHARD SURVEY 190.00 "PAVII~[~Tr 56.61 190.00 "CURB 2.17 190.00 "LIGHTS 7.38 190.00''DRAINAGE 38.62 10755.90 412.30 1402.20 7337.80 19908.20 A~S~.SSMII7I' 19908.20 000004029305 AUS PER 174 JV, $ FRED BRODSKY CO 12655 N CE[~TrRAL EXPRWY ST DAIZAS, TX 75243 A 1036 TR 2 MORRIS RICHARD SURVEY I 1190.00' ' PAVE[~Tr 1190.00''CURB 1190.00 "LIGHTS 1190.00 "DRAINAGE 56.61 2.17 7.38 38.62 67365.90 2582.30 8782.20 45957.80 124688.20 124688.20 000004029356 AUS PER 174 JV $ FRID BRODSKY CO 12655 N ~ EXPRWY ST I DALIAS, TX 75243 A 1036 TR 2A02 MORRIS RICHARD SURVEY 445.00 ' ' PAVII~Tr 445.00''CURB 445.00' 'LIGH'T'S 445.00 " DRAINAGE 56.61 25191.45 2.17 965.65 7.38 3284.10 38.62 17185.90 4.6627.10 46627.10 ---------------------------- 000004029356 TANDY OORPORATION $ HERSCHEL C WINN 1800 ONE TADIDY CE[~EF FORT VJOR'.PEI, TX 76102 LOT 1 8Ii0CK 1 ADJUSTID : ** NORTHBROOK ADDITION I 800.00' ' PAVEMF~Tr 800.00 "CURB 800.00 "LIGHTS 800.00 "DRAINAGE 56.61 45288.00 2.17 1736.00 7.38 5904.00 38.62 30896.00 83824.00 -0- REVISED 6/27/88 -2- OWNER & LDGAL DESCRIPTION ZONING .,,. 000005708621 INDEPENDENT AMERICAN $ ROY A BUSBY & O0 300 E CARPENTER STE 800 IRVING, TX 75062 A 1036 TR 1C02 FRONTAGE RATE MORRIS RICHARD SURVEY AMOUNT I 540.00' ' PAVEi~r 540.00''CURB 540.00 "LIGHTS 540.00 "DRAINAGE 56.61 30569.40 2.17 1171.80 7.38 3985.20 38.62 20854.80 56581.20 ASSESSM$1T 56581.20 000005708648 INDEPENDENT AMERICAN $ ROY A BUSBY & 00 300 E CARPENTER STE 800 IRVING, TX 75062 A 1036 TR 1C03 MORRIS RICHARD SURVEY I 440.00 " PA~r 56.61 24908.40 440.00 "CCfl2B 2.17 954.80 440.00 "LIGHTS 7.38 3247.20 440.00 "DRAII~,GE 38.62 16992.80 46103.20 46103.20 000004599098 INDEPENDENT AMERICAN ~ ROY A BUSBY & ~ 300 E CARPENTER STE 800 IRVING, TX 75062 A 1036 TRS 1B & 1C4 MORRIS RICHARD SURVEY I 410.00 "PAVEMENT 58.68 24058.80 410.00 ''CURB 2.17 889.70 410.00 "LIGHTS 7.38 3025.80 410.00 "DRAINAGE 38.62 15834.20 101.70 SF DR APPR 3.21 326.46 44134.96 44134.96 SOUTH SIDE 000004599101 A D MILLER ETUX GDORGLA RT 1, BOX 390A SAGINAW,TX 76179 A 1036 TR 1C1 MORRIS RICHARD SURVEY I 265.00' ' PAVII~Tr 265.00''CURB 265.00 "LIGHTS 265.00 "DRAINAGE 241.20 SF DR APPR 56.61 15001.65 2.17 575.05 7.38 1955.70 38.62 10234.30 3.21 774.25 28540.95 28540.95 REVISED 6/27/88 _~_ OWI~R & LDGAL DESCRIPTION ZONING FRONTAGE RATE AMOUNT ASSESSMENT ALLEN NOLAN ADDITION 00000020214 ALLEN NOLAN RT 1, BOX 391 I SAGINAW,TX 76179 LOT 1 90.00' ' PAVEt~Tr 90.00' ' CC1E2B 90.00' 'LIGH'T'S 90.00''DRAINAGE 148.20 SF DR APPR 56.61 5094.90 2.17 195.30 7.38 664.20 38.62 3475.80 3.21 475.72 9905.92 APPRAISAL 6345.00 6345.00 000000020230 ALLEN NOLAN RT 1, BOX 391 I SAGINAW,TX 76179 LOT 2A ALi~N NOLAN ADDITION 155.00 ' ' PAVII~Tr 155.00 ' ' CURB 155.00 "LIGHTS 155.00''DRAINAGE 56.61 8774.55 2.17 336.35 7.38 1143.90 38.62 5986.10 16240.90 APPRAISAL 10927.50 10927.50 000004599055 CAMBRIDGE CO INC $ASSOCIATID PROPERTY 310E I-30 STE M-102-A GARLAND,TX 75043 A1036 TR1 OLD DENTON ROAD IN'T'ERSECTS SOUTH SIDE 000004599691 WS SERVICE CORP $REAL ESTATE TAX SER 14755 PRESTON RD, STE 625 DALLAS, TX 75240 A 1419 TR 2 MORRIS RICHARD SURVEY I 700.00 "PAVD~VT 56.61 39627.00 700.00 ''CURB 2.17 1519.00 700.00 "LIGHTS 7.38 5166.00 700.00 " DRAII~GE 38.62 27034.00 73346.00 ABSAIAM SMITH SURVEY I 180.00 " PAVEMIIVT 56.61 10189.80 180.00 "CURB 2.17 390.60 180.00 "LIGHTS 7.38 1328.40 180.00 "DRAINAGE 38.62 6951.60 18860.40 73346.00 18860.40 RE~TISEn 6 /27 /8 S _ ~ VdESTERN CENTER BOULEVARD (SOUTH SIDE) COST DISTRIBUTION: A. 'T'O'T'AL COST TO PROPERTY OWNERS ............................$ 512,638.93 STREET CONSTRUCTION............$ 470,506.51 STREET LIGHTS .................$ 42,132.42 B. COST TO THE CITY OF FORT WORTH ............................$ 769,366.36 STREET CONSTRUCTION............$ 644,953.34 STREET LIGHTS ..................$ 7,867.08 ENGR / ADMIN.... .....$ 116,545.94 (10~ OF ESTIMATE~$1,165,459.35) C. TOTAL ESTIMATED CONSTRUCTION COST .........................$1,282,005.29 LEGEND: * AGRICULTURE ZONING "AG" ASSESSMENT RATES BASED ON PROVISIONS OF ASSESSMENT PAVING POLICY PAGE V1-8, SECTION 3. ** PER COMMUNITY FACILITIES AGREEMENT WITH THE CITY OF FORT [aORTH AND NORTHBROOK ADDITION, BLOCK 1, LOT 1. ~. - // MASTER FILE 1 V ACCOUNTING 2 ~jZ,~~ ®~ ll ®~°~ V' ~Y ®'ll°U.~~ ~~ ~'UL~ 7RANSPURTATION~PUBLIC.WORKS•Q ~,~ry///~~///-~/o~//y//~ //~//I,(/,-J//7/,J ~~ QQ.~y~ ,{~ ~j ///7// r//~//~~(,']~ ~ /~ /~(~.j//~ ~) HATER ADIdINISTRATION d ~`~"" %/ ® ° `~"" ° """" ~®lti1L U lV(L (LlY ~®" U~ U/~~~`L`~'Y~+-'~®u ~' REAL PROPEHT.Y:S. sell" DATE REFERENCE SUBJECT DLIVCI' 1 I IICNtC11YU, /iJJCJJI'IGIV I rHY PAGE 7/19/88 NUMBER ING WESTERN CENTER BOULEVARD FROM I-35 1 G-7646 TO 470' WEST OF PACESETTER DRIVE a or-_.__ It is recommended that an ordinance be adopted closing the benefit hearing for the construction of Western Center Boulevard from I-35W to 470' west of Pacesetter Drive and levying the assessments as proposed. DISCUSSION On may ~, 1988 (M&C C-10983), the City Council approved a Community Facilities Agreement with the Tandy Corporation for Northbrook Addition, Block 1, Lot 1, the site for the Tandy facility now under construction Included in this agreement is a provision for the construction of the south half of Western Center Boulevard from I-35W to 470' west of Pacesetter Drive The north half of this divided roadway was constructed previously in conjunc- tion with the Western Technical Management Center and the Western Meadows development On June 14, 1988 (M&C C-11033), the City Council approved establishing July 19, 1988, as the date of the benefit hearing PROJECT DESCRIPTION STREET eT~ stern Center Boulevard (So half only) ROADWAY LIMITS WIDTH/FEET Interstate I-35W to 470' West of Pacesetter Drive PROPOSED IMPROVEMENTS It is propose to improve the south half of Western Center Boulevard by con- structing a seven-inch thick reinforced concrete pavement on a six-inch thick lime stabilized subgrade with seven-inch high super-imposed concrete curb on a thirty-six foot wide traffic lane Six-inch thick driveway approaches will be constructed where shown on the plans Drainage and street lights will also be installed ASSESSMENTS Based-on standard City policy, low bid prices received for storm drainage facilities, and estimates of average current paving and drainage costs, the cost to the adjacent property owners for their share of the construction is approximately $512,638 93 Cost to the City of Fort Worth is approximately $769,366 36 It is the opinion of the Director result of the proposed construction, enhanced in value by an amount assessments DAI d SUBMITTED FOR IFit CITY MANAGER'S OFFICE BY ORIGINATING DEPARTMENT HEAD FOR ADCITIONAL INFORMATION CONTACT of Real Property Management that, as a each parcel of adjacent property will be equal to or greater than the proposed ROW WIDTH/FEET APPROVED Y CITY COUN IL David Ivory DISPOSITION BY COUNCIL. L; APPROVED OTHER (DESCRIBE) PROCESSED BY J U L ~.~ 19 ~~ C TY SEC ETARY DATE Gary Santerre Ed Drolet 7805 Adopted Qrdmar~ce Citq' Seoxetaxy of the Cbty of ~'ost Wosth, Taxoe