HomeMy WebLinkAboutResolution 2957~.
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A Resolution
NO ~~~ 0
A RESOLUTION AFFIRMING THAT THE PRIVATE DEVELOPER
COMMITMENTS REQUIRED BY THE LAND USE/TRANSPORTATION JOINT
VENTURE PROGRAM HAVE BEEN MET FOR THE RIDGLEA VILLAGE
PROJECT, REQUESTING THAT THE NORTH CENTRAL TEXAS COUNCIL
OF GOVERNMENTS FORWARD THE PROJECT INFORMATION TO THE
TEXAS DEPARTMENT OF TRANSPORTATION FOR PLACEMENT IN THE
STATEWIDE TRANSPORTATION IMPROVEMENT PROGRAM, AND
AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENTS WITH
THE TEXAS DEPARTMENT OF TRANSPORTATION AND WITH HISTORIC
CAMP BOWIE, INC
WHEREAS on October 11 2001 the Regional Transportation Council selected
the Ridglea Village Project for funding in the amount of $380 349 through the
Land Use/Transportation Joint Venture Program ("Program ') for the
redevelopment of property south of Camp Bowie Boulevard and north of Sunset
Drive between Bryant Irvin Road and Westridge Avenue ("Ridglea Village
Prod ect ') and
WHEREAS Historic Camp Bowie Inc and its lawful assigns ("Developer") will
serve as the developer of the Ridglea Village Project and
WHEREAS pursuant to an agreement with the City the Developer will utilize the
grant funds for the following work on the Ridglea Village Project
• Demolition of substandard curb and sidewalks adjacent to the Ridglea
Village Project
• Enhancement of the bus stop area on Camp Bowie Boulevard, including new
brick pavers replacement of the existing bus shelter and pavement
markings
• Construction of crosswalks with brick paver accents at the mtersechons of
Camp Bowie Boulevard and Bryant Irvin Road and Camp Bowie Boulevard
and Westridge Avenue
• Construction of three crosswalks with brick paver accents along Sunset
Drive at the intersections of Westridge Avenue Bryant Irvin Road, and the
Alta at Ridglea apartment complex
• With the concurrence of the City any other such work or construction
meeting the requirements of the Program and
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WHEREAS the Developer has agreed to provide a twenty percent (20%) local
match m the amount of $95 087 through cash/in kind contribution in the Ridglea
Village Project area, as required by the terms of the Program and pay for any
additional costs related to the Project in excess of the total amount of the grant
funds and
WHEREAS the Developer has agreed to comply with all federal state and local
provisions regulations and procedures in accordance with the Program and
WHEREAS property within the Project area has been rezoned to MU 1 Low
Intensity Mixed Use and MU 2 High Intensity Mixed Use so as to allow mixed
use development and to implement a redevelopment plan that meets the land use
commitments of the Project, all of which are required in order for the City to be
eligible to receive the grant (collectively the Grant Prerequisites) and
WHEREAS the City must submit this resolution to North Central Council of
Governments (`NCTCOG') in order for the Project to be placed in the Statewide
Transportation Improvement Program which is required for the City to obtain the
grant funds
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS, THAT
1 The City accepts a pledge by the Developer to provide a cash/in kind
contribution as the twenty percent (20%) local match requirement under the
Program and
2 The City certifies that the additional Grant Prerequisites have been met by
the Developer and
3 NCTCOG is hereby requested to take the necessary action to place the
Ridglea Village Project in the Statewide Transportation Improvement
Program and
4 The City Manager is hereby authorized to execute a Local Prod ect Advance
Funding Agreement with the Texas Department of Transportation governing
the manner in which grant funds may be used to complete the Project and
5 The City Manager is hereby authorized to execute an agreement with the
Developer governing the manner in which grant funds may be used to
complete the Project
ADOPTED this ~~~ day of , 2003
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AP OVED TO FORM AND LEGALITY
Assist ty Attorney
ApP~~~ED
G~TY CQ~1NC~.
JUN 17 2003
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