HomeMy WebLinkAboutOrdinance 8499ORIDIPTANC~ N~~
BD~D~R3~PiC~ CL~'~: ~~~YN4 ~,~11~ F.i~@~14~ ~9ii+~EN~ i~R PART ®F ~~ C09T
~~' YAHt®'~dl~i~ ~ ~~®N ¢~~' :=..,S.Y f y9d ~.A~.~uEN! ~ F
ADD ~O~~I~R!® ~~' i~~J~1DI~Y C`~~~~ ~TtRi~~', t~~~AT~3~i~ Al~'A P~JIi~LYC PL~-C~i~ I1V TY#~
Q'Y'i~' .®~' P'Cl~'~ ~'®, Ti~XAJa ~I1Tl~ C~~i~~~~ AIe3i~ LIS~~Ii~ ~G~I1~1i~T A,i~~INC
~~~~~'h'~ ~i~~®N, AAT~ ~~~~~ ®Wl~tl~i~ ~iRE®F ~R(?VY~II~TG ~QR . T~I~
WI~I~~tEA~, th® City oQ Fart Worth, 'Tea~as, has heretatore ordered that each ai the hereinafter described
p~rti~na of rtre®ta, avenue and public .places in the City of Fart Warth,'yexas, be improved by raisin; grading,
or ~61u~ Winne and by eon~ttructina thereon to-wit
SYLVANIA AVENUE
POLARIS DRIVE
From 110' south of Gemini Parkway to Meacham Blvd ,
known and designated as Project No 029-36646, a
seven-inch thick reinforced concrete pavement on a
six-inch thick lime stabilized subgrade with seven-
inch high superimposed concrete curb on two twenty-
six foot traffic lanes
From 100 feet west of Sylvania Avenue to 100 feet
east of Sylvania Avenue known and designated as
Project No 029-36646, Unit lA
a
The above, together with combined concrete curbs and gutter on proper grade and line where same are not already
so constructed, together with storm drains and other necessary incidentals and appurtenances all of said improve-
ments are to be so constructed as and where shown on the plans and in strict accordance with the Plans and
Specifications therefor and contract has been made and entered into with Texas B3 tul i th i c Company
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 therefor to-wit, on the 22nd,day of December
191-, 10.00 A . M . , in the Council Chamber in the City Ikiall in the City of Fort Worth, Texas, and at
such hearing the following protests and objections were made, to-wit
that
_ protested that
ted that
ted that
protested that
_ __~._--___ ___-_ _protested that
_.___ _ __._ _-- _protested that
____ ____.__protested that
ted that
__protested that
and said hearing was continued to the present time in order to more fully accomplish the purposes thereof and
all desiring to be heard were given full and fair opportunity to be heard and the City Council of the City having
fulls considered all proper matter is of the opinign that the said hearing should be closed and assessments
should be made and levied as herein ordered
I3E IT ORDAINED $Y THE ('ITY COtTN('IL OF THE CITY OF FORT WORTH
TI':~A~, 'THAT
I.
~+ald heal'In~' I)e and the same is hereby closed and the said protest and c)b,jections, and any and all other
protests and ob•jert.ions whether herein enumerated or of not, be and the same zlre hereby ovel•ruled.
II.
The (.lt~ (.ounc•il from the eyidenc•e finds that the assessments hel~eul levied should be made and levied
against the re~pec•tive parcels of property abutting upon the said portii>n~ of streets, avenues and public places
Auld against the owners of suc I) property and that such assessments and charges are right and proper and are
substantially in I)1'oj)O1'tlOn to the benefits to the respective parcels of prpl)ert~ I)~ means of the improvements
in the unit for which such assessments are levied and establish substantial ;I(]stice and equality and uniformity
between the tespective owners of the respec•ti~~e 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 benefited in enhanced value to the said property b~ means of the said improvements in the unit upon
which the p~u•tic•ulxr property abuts quid foi ~ hirh assessment is levied and charge made in a sum in excess of
the said assessment and charge made against the same h~ this ordin~ince and further finds that the apportion-
ment of the cost of the improvements is in ac•cordxne•e ~tilth the law in force in this Cite and the proceedings of
the Cit. heretofo)•e had with reference to said in~pro~ ~nients <uid is ]n all respects valid and regu{al
III
There shall be and is hereby let ied and assessed against the parcels of property herein below mentioned
and R~•allist Llle real and true u~ Hers thereof (~1 hetllel' snc I) o~ nei I)e rorrec•tl~ named herein or not) the sums of
money itemized l)e;oH opposite the description of the respec tip e p,u•cels of• property and fire several amounts
assessed against the sanie and the gwnet thereof as fa) as such owners are I:nown 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 propor-
tion as its his or her respective interest bears to the total ownership of such pro-
perty and its his or 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 pro-
perty 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 a.nd 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 whicU 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
The sums so assessed against the abutting property and the owners thereof shall
be and. become due and payable as follows, to-wit in five (S) equal installments due
respectively on or before thirty (30) days one (1) two (2) three (3) and four (4)
years from the date of completion and acceptance of the improvements in the respective
unit and the assessments against the property abutting upon. the remaining units shall
be and become due and payable in 5llch installments after the date of the completion
and acceptance of such respective units and shall bear interest from said date at the
rate of eight percent (8%) per annum payable annually with each installment except
as to the first installment which shall be due and payable at the maturity thereof
so that upon the completion and acceptance of the improvements in a particular unit
assessments against the property abutting upon such completed and accepted unit shall
be and become due and payable in such installments and with interest from the date of
such completion and acceptance Provided, however that any owner shall have the right
to pay the entire assessment or any installment thereof before maturity by payment of
principal and accrued interest and provided further that if default shall be made in
the payment of principal or interest promptly as the same matures then the entire
amount of the assessment upon which such default is made shall at the option of said
City of Fort Worth or its assigns be and become immediately due and payable and shall
be collectable together with reasonable attorney's fees anal cost of collection if in-
curred PROVIDED however that acting through its duly authorized Director of Public
Works the City of Fort Worth. retains the right to authorize payment of the sums assessed
against abutting property upon such completed and accepted unit in not more than forty-
eight (48) equal regular monthly installments of not less than $9 00 each the first of
such installments to become due and payable not more than thirty (30) days after the
completion and acceptance by the City of the particular unit PROVIDED FURTl3ER that
the City Attorney is hereby empowered to authorize payments of said sums of lesser in-
stallments and/or over a longer period of time in cases in which the Director of Public
Works has previously determined that an extreme financial hardship upon the property
owner will otherwise result and PROVTDED FURTHER that such method of payments shall
be authorized only in instances where the owner or. owners of. property abutting upon
such completed and accepted unit shall have executed and delivered to the City of Fort
Worth a lawful valid and binding note and mechanic's and materialman's contract upon
forms supplied by the City granting a mechanic's lien upon and conveying the said abut-
ting property in trust to secure the payment by said owner or owners according to the
terms thereof of the sums assessed against such property
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 jur-
isdiction 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 collec-
tion of said assessments
VII.
The total amount assessed against the respective parcels of abutting property and the owner thereof is
in accordance wrth 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 n force in thc~ 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 t:he 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 rewired to issue credits, and will not do so
if same would t•esult in any equity andjor unjust discrimination
The principal amount of each of the several assessment certificates to be issued the City of Fort Worth
Texas as hereinafter provided shall be fixed and determined by deducting front 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.
1X.
For the purpose of evidencing the several sums assessed against the respective parcels of abutting prop-
erty and the owners thereof and the time and terms. oi' payment and to aid in the enforcement and collection
thereof assignable certificates in the principal amount of the i•especti~ e assessments less the amount of any re-
spective credit allowed thereon shall be issued by the City of Fort ~1 of th Texas upon completion and accept
ante by the Cite of the impi•o~-enients in each unit of impro~ ement as the ti ai 1. in such unit is completed and
accepted which certificates shall be executed by the mayor in the game of the City and attested by the City
Secretai•v with the c•orpoiate seal oi' the Cite impressed thereon uid hall 1>e })a<<rlile to tiie City of Fort Worth
or its assigns and shall declare the said amounts time and terra of pay meat rate of interest and the date of
the completion and acrelitance of the impro~ ements abutting upnri suE h propert~~ for which tho certificate is
issued and shall contain the name of the owner or :,wners it' kn i~ n clc~sc i iptiun of the property by lot and block
number or front feet thereon of such other descip ion as may oil er~use identify the same and if the said
property shall be owned by an estate then the description of anie as su u«ned shall be sufficient and no error or
mistake in describing ant -n•operty c r in o~i~ ir.a• the Hanle of thr~ o» net shill imahdate or ui anywise impair
such certificate to the assessments let led
The certificates shall prop ide ubst<uitiall~ that if sank hall not b~ paid pruniptl~ upon mattu'ity then
they sh 11 be collet table with reasonable rittorne~ s fees an<l r;t ,f c•oll~c ticfn if incui•i•ed and shall provide
substantially that the amounts e~ i lensed there?, hall be paid to tlic~ Assessor rnd Collectoi of Taxes of the
City of Fort ~~ orth 'T'exas who sha}1 issue his receipt th °rc~foi ~~ hit i sh,Ell be e~ idence of such payment on any
demand for the same an<i the Assessui clad Collectoi of Times hill dept it he sunis so received by him forth
with with the City Treasui•ei• to lie l:et,t and held li. iiim in ~ sepai<ite t•uud and ~~hen any payment shall be
made it the City the. Assessor and Cc liectoi of '('axes a .on uc I! r Pi ! ilirate shall npuii presentation to him of
the certtiticate h~ the holder thereof endorse said pat meat the •e,rf If uc h cer•i ti<ate be assigned then the holder
thereof shall be entitled to rec•ei~e from the (its Tieasurc~i the uu~ nit Paul upon the presentation to him of
such certificate so endorsed and credited and such earl )isen c~nt -i ri i tit sh it Lie the t'reasurer's Warrant for
nicking such payment Such payments h~ the 'I'icasurei h !11 IrE' is cc ter( tri the holder of such certificate in
writrng and by su •rendei thereof' ~~hen the print p<ii t >;~ tl r .pith ~~ r !•ileri intr~rest. and 11 cost; of collection
and reasonable <ittorne~ s fees it' incurred ha~r~ been part( in full
Said certificates shall further recite substantially that the piocee;hngs ~i•ith reference to making the
imprmements have been rer•ularl~ had in compliance ~~ith the - ~ and tl li all prerequi rtes to the fixing of the
assessment lien against the property c}esci•rl>ed in such car?tilt tte uu1 i.+ic, pei•son,il liahi}it~ of the owners thereof
have been performed and such recitals shall I>e prinia facie e~ ulc r. ?' 11 tli rn rtters recited rn uc•h certificates.
and no further proof thereof shall be rec7un•ed m any c~inu•t
Said certificates may hay e cinipuns attached thereto ui e~ i ten e c f' r~ac li n an. o}' file see era( installments
thereof or may hay e coupons for eaE h of the tu•st fuw installments leap inn the main certificate to serve for the
fifth installment which coupons may be pa~al.ile to the C ti of• tort ~'l orth or it assigns may lie igned with the
facsimile si~rnahu•es of the :~'Iavoi 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 sub-
stantially 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 unite 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
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 by the improve-
ments 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 asaeas-
ments therefor 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 110bb 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 Wortii Texas, and by filing the complete Ordinance in the appro-
priate 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.
/~~/ ~/
PASSE) AN) ArrROVED thin +`~~ day of 1~
APPROVED AS TO FORM AND LEGALITY
M ~ ~ l/~./
Clty Attorney
PROJECT NO 029-36646, SYLVANIA AVENUE FROM 110 FEET SOUTH OF GEMINI PARKWAY TO MEACHAM
BOULEVARD to be improved y constructing a seven-inc tic rein orce concre a pavemen
on a six-inch thick lime stabilized subgrade with seven-inch high superimposed concrete curb
on two twenty-six foot traffic lanes
OWNER LOT
BLOCK
ZONING FRONTAGE
RATE AMOUNT
ASSESSMENT
WEST SIDE
MARY JOHNSON SURVEY
American Mfg Co Tract 2-D 120' 7" Curb $ 1 27 $ 152 40
of Texas Ind 120' :Pavement 33 66 4 039 20
P 0 Box 7600 Vol 5590 120' ROW Preparation 14 49 1 738 80
fort Worth Tx Page 453 120' Top soil & seeding 1 98 237 60
76111. 120' Pavement (extra width)19 16 2 299 20
120' 6" Curb 1 21 145 20
120' Concrete median 2 42 290 40
120' HMAC Pavement 42 50 40
Gemini Parkway intersects
General Development Tract 2 543' 7" Curb $ 1 27 $ 689 61
Corporation Ind 543' Pavement 33 66 18 277 38
P 0 .Box 7600 Vol 2102 543 ROW Preparation 14 49 7 868 07
Fort Worth Tx Page 303 543 Top soil & seeding 1 98 1 075 14
76111 543' Pavement (extra width)i9 16 10 ,403 88
Attn Thomas A Knapik 543' 6" Curb 1 21 657 03
543' Concrete median 2 42 1 ,314 06
543' HMAC Pavement 42 228 06
$ 8 953 20
$40 513 23
Polaris Drive intersects
General Development Tract 1 415" 7" Curb $ 1 27 $ 527 05
Corporation Ind 415' Pavement 33 66 13
868 90
P 0 Box 7600 Vol 2102 415 ROW Preparation 14 49 ,
6 013 35
Fort Worth Tx Page 303 415 Top soil & seeding 1 98 821 7Q
76111 415' Pavement (extra width)19 16 7
x51 40
Attn Thomas A Knapik 415 6" Curb 1 21 ,
5~2 15
415 Concrete median 2 42 1 004 30
415 HMAC Pavement 42 17G 30
$30 963 15
-1-
PROJECT NO 029-36646, SYLVANIA AVENUE, cont
BLOCK
OWNER LOT ZONING FRONTAGE
EAST SIDE
Amcot Development
Corporation
P 0 Box 7600
Fort Worth Tx
76111
Attn Vincent J Darino
ALLEN BEARD SURVEY
RATE AMOUNT
Tract 1 415 7 Curb $ 1 27 ~ 527 05
Ind 4j5 Pavement 33 66 1:~ 968 90
Vol 7044 415 ROW Preparation 14 ,49 6 013 35
Page 1828 415' Top soil & seeding 1 98 821 70
415 Pavement(Extra width) 19 16 7 X51 40
41~' 6" Curb 1 21 502 15
415 Concrete median 2 42 1 004 30
415 HMAC Pavement 42 174 30
ASSESSMENT
$30 963 15
Polaris Drive intersects
Amcot Development Tract 1
Corporation Ind
P 0 Box 7600 Vol 7044
Fort Worth Tx Page 1828
76111
Attn Vincent J Darino
Genini Parkway intersects
General Industrial Tract 2
Corporation Ind
P 0 Box 7600 Vol 5165
Fort Worth Tx Page 692
76111
Attn James P Lattimore Jr
543' 7" Curb $ 1 27 689 61
543' Pavement 33 66 18,277 38
543' ROW Preparation 14 49 7 868 07
543' Top soil & seeding. 1 98 1,075 14
543' Pavement (extra width)19 16 10,403 88
543 6" Curb 1 21 657 03
543' Concrete. median 2 42 1 314 06
543' HMAC Pavement 42 228 06
$40,513 23
120' 7" Curb $ 1 27
120 Pavement 33 66
120' ROW Preparation 14 49
120' Top soil & seeding 1 98
120' Pavement (extra width)19 16
120' 6" Curb 1 21
120' Concrete median 2 42
120' HMAC Pavement 42
152 40
4,039 20
1 738 80
237 60
2,299 20
145 20
290 40
50 40
$ 8,953 20
PROJECT NO _029-36646, UNIT lA, POLARIS DRIVE FROM 100 FEET WEST OF SYLVANIA AVENUE TO
100 FEET EAST ~ OF SYLVANIA AVENUE
-2-
PROJECT NO 029-36646, UNIT lA, POLARIS DRIVE cont
OWNER
BLOCK
LOT ZONING FRONTAGE
RATE
AMOUNT ASSESSMENT
SOUTHWEST SIDE MARY JOHNSON SURVEY
General Development Tract 2 94' 7' Curb $ 1 27 $ 119 38
Corporation Ind 94' Pavement 33 66 3 164 04
P 0 Box 7600 Vol 2101 94' ROW Preparation 14 49 1,362 06
Fort Worth, Tx Page 303 94' Top soil & seeding 1 98 186 12
76111 94' Pavement (extra width) 19 16 1,801 04
Attn Thomas A Knapik 94' 6" Curb 1 21 113 74
94' Concrete median 2 42 227 48
94' HMAC Pavement 42 39 48
$ 7 013 34
NORTHWEST SIDE
General Development Tract 1 86' 7" Curb $ 1 27 $ 109 22
Corporation Ind 86' Pavement 33 66 2,894 76
P 0 Box 7600 Vol 2101 86' ROW Preparation 14 49 1 246 14
Fort Worth, Tx Page 303 86' Top soil & seeding 1 98 170 28
76111 86' Pavement (extra width) 19 16 1 647 76
Attn Thomas A Knapik 86' 6" Curb 1 21 104 06
86' Concrete median 2 42 208 12
86' HMAC Pavement 42 36 12
$ 6 416 46
NORTHEAST SIDE ALLEN BEARD SURVEY
Amcot Development Tract 1 100' 7" Curb $ 1 27 $ 127 00
Corporation Ind 100' Pavement 33 66 3,366 00
P 0 Box 7600 Vol 7044 100' ROW Preparation 14 49 1 449 00
Fort Worth, Tx Page 1828 100' Top soil & seeding 1 98 198 00
76111 100' Ravement (extra width 19 16 1 916 00
Attn Vincent J Darino 100' 6" Curb 1 21 121 00
100' Concrete median 2 42 242 00
100' HMAC Pavement 42 42 00
$ 7 461 00
SOUTHEAST SIDE
Amcot Development Tract 1 93' 7" Curb $ 1 27 $ 118 11
Corporation Ind 93' Pavement 33 66 3 130 38
P 0 Box 7600 Vol 7044 93' ROW Preparation 14 49 1 347 57
Fort Worth, Tx Page 1828 93' Top soil & seeding 1 98 i84 14
76111 93' Pavement (extra width) 1~ 16 1,781 88
Attn Vincent J Darino 93' 6" Curb 1 21 112 53
93' Concrete median 2 42 225 06
93' HMAC Pavement 42 39 06
$ 6 938 73
-3-
t-
PROJECT NO 029-36646, UNIT lA, POLARIS DRIVE, cont
Total cost to property owners (assessments) $188 h88 69
Total cost to City of Fort Worth $ 73 ?_5£3 69
Total estimated construction cost $261,947 38
-4-
i~~
v r
~~ ASTER FILET
CITY MANAGER 1 ~ /~~~®~
ACCOUNTING~2 ~~/1l-L
TRAN
LA W
TAX•
Caty of Fort Worth, `Texas
and ~~unc~.l ~~m~r~.un~,~at~~n
T~d~N~PUBLIC WORK •~tEFERENCE SUBJECT Benefit Hearing - Paving Improve PnGE
NUMBER
ments Sylvania Avenue and Gemini >of ~_
17/~~/R1 G-5181 U~,xUr.,~.. ~,- Nro,-..~,,,-;io ro,,,-or
On November 24 1981 (M&C C-6005) the City Council declared the necessity for
and ordered-the improvements on Project Nos 029-036-646-00 and 029-036-647-00
described b~.l,ow A construction contract was awarded to Texas Bitulithic Compan
in the amours-t of $408 285 45 and December 22 1981 was set as the date for the
benefit hearing All of the adjacent property owners were notified of the
hearing by certified mail on December 4 1981
Projee.t Description
Street Limits
Roadway ROW
Width-Feet Width-Feet
Sylvania Avenue 110° S of Gemini Parkway 2-26' Lanes
to Meacham Boulevard 28' Median
Polaris Drive 100' W of Sylvania Avenue 40
to 100' E of Sylvania
Avenue
T Gemini Parkway Sylvania Avenue W to I-35 2-26' Lanes
160' Median
(TESCO ROW)
Orrin of Project
120
60
54
(Each side of
TESCO ROW)
On July 21 1981 (M&C C-5786) the City Council-approved Community Facilities
Contract No 11871 with the Mercantile Corporation of Fort Worth for the instal-
lation of community facilities to serve the Mercantile Center, Coors Site
Included in the contract i.s the assessment paving of Sylvania Avenue with
provisions for the future Polaris Drive and the construction of Gemini Parkway
an interior street to the. development On August 18 1981 (M&C C-5824) a
separate contract was awarded for the street excavation and storm drainage
improvements in the streets
Improvements
This contract will include the construction of major thoroughfare grade concrete
pavement with concrete curb on both Sylvania Avenue and Gemini Parkway Also
included are right and left turn lanes at the intersection of Sylvania Avenue
and Gemini Parkway and at the intersection of Sylvania Avenue and Polaris
Drive
Assessments and Enhancements
Based on standard City policy and special stipulations in the community facilities
contract properties adjacent to Sylvania Avenue and Polaris Drive will be
assessed $188 688 69 which includes normal assessment for a 40' wide roadway
plus the extra width cost of a double 26' wide divided roadway as requested by
the developer Cost to the City for construction of Sylvania Avenue is
$44 678 71 plus $28 579 98 (7%) engineering for the total contract
Unit
.~ __
~~ ~~
DATE REFERENCE SUBJECT Benefit Hearing - Paving Improve PAGE
NUMBER ments Sylvania Avenue and Gemini
2
2
12/22/81 G'-5181 Parkway at Mercantile Center or
Gemini Parkway is an interior street to the development however it is included
in this contract Based on the low bid of $174,918 OS the developer's portion
of the cost is $126 953 63 which has been provided for by an irrevocable letter
of credit at the First National Bank of Fort Worth, from which the City will
draw monthly, to make payments to the contractor for the developer's portion of
work completed Cost to the City for construction of Gemini Parkway is
$47 964 42
Based on previous appraisals of like industrial zoned property considering the
improved access provided by the improved roadway, it is the opinion of the
Transportation and Public Works Department that each parcel of property being
assessed will enhance in value by as much or more than the amount of the propose
assessments
Recommendation
It is recommended that an ordinance be adopted closing the benefit hearing and
levying the assessments as proposed
GG plg
APPROVED BY
CITY COUNCIL
~...
SUBMITTED FOR THE
CITY MANAGER'S DISPOSITION BY COUNCIL: u PROCESSED BY
OFFICE BY: ^ APPROVED
ORIGINATING ~"bTHER~(,O~SG ~~.ES '~'J
Ci ec>:etaty of t ~
DEPARTMENT HEAD: ar Santerre C of Pont x h CITY SECRETARY
FOR ADDITIONAL INFORMATION ADOPTED ORDII~IAf~C~ VQ
~~
CONTACT 8 Q 5 TE