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HomeMy WebLinkAboutOrdinance 22974-10-2017 Ordinance No. 22974-10-2017 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AMOUNT OF$180,000.00 IN THE LAKE WORTH TRUST FUND, FROM AVAILABLE FUNDS, TO PROVIDE FUNDING FOR THE PLATTING OF CITY-OWNED LAND UNDER RESIDENTIAL LEASE WITHIN THE LAKE WORTH LEASES SUBDIVISION; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 2017-2018 in the Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the amount of$180,000.00 in the Lake Worth Trust Fund, from available funds, to provide funding for the platting of city- owned land under residential lease with the Lake Worth Leases subdivision. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion orjudgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance 22927-09-2017 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: CITY SECRETARY ot Uhf VYMelinda Ramos I aryJ. Ka Sr. Assistant City Attorney ADOPTED AND EFFECTIVE: October 24, 2017 r � 0 t z tm a a � o'r 1 � Mme �r eazC 12.4 o _a o 1 � I'•Y�` Nioe D , ! /11 i? X" to I ( c~ J V 1 tea$` l dSa1 t L) *� o ►•• 1�_ � jj as J A r . =a•a �cm \ \ F _Ile i \\ LLJ ue Ws Q. f I bey J paC 04 � �.. - r „ - „j a i iN l l N a \til f Lu g � O O LO ^; O ,r N 7 . N 05 JN N C) too I—_ _Ile U j/ O Y cu IIewS 0311b'ldNn Hlil0M3Ntll:eweN juawnoo0 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 10124/2017 -Ordinance Nos.2297,41-11.0-2017 &,;;97671_0_ 2017 DATE: Tuesday, October 24, 2017 REFERENCE NO.: **L-16088 LOG NAME: 212017LAKEWORTHPLAT SUBJECT: Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations, in the Amount of $180,000.00, in the Lake Worth Trust Fund, Authorize the Transfer of Funds to the General Capital Projects Fund, and Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations in the General Capital Projects Fund, to Provide Funding for the Platting of City-Owned Land Under Residential Lease Within the Lake Worth Leases Subdivision (COUNCIL DISTRICT 7) RECOMMENDATION: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations, in the amount of$180,000.00, in the Lake Worth Trust Fund, from available funds, to provide funding for the platting of City-owned land under residential lease within the Lake Worth Leases subdivision; 2. Authorize a transfer in the amount of$180,000.00 from the Lake Worth Trust Fund to the General Capital Projects Fund; 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations, in the amount of$180,000.00, in the General Capital Projects Fund, from available funds, for the Lake Worth Platting Project; and 4. Authorize Staff to proceed with platting unplatted residential leased lots surrounding Lake Worth. DISCUSSION: In February 2002, Mayor and Council Communication (M&C L-13249), the City offered an Option to purchase to residential lessees on those properties around Lake Worth that had been platted. While many of the platted properties sold, there remained some platted lots that did not sell in addition to approximately 35 surveyed lots within Lake Worth Leases Subdivision that were not platted. These unplatted properties remain ineligible for sale until they are platted. On November 8, 2016, Mayor and Council Communication (M&C L-15964), Council again approved the sale of Lake Worth Leases lots that had been platted and provided for current Lessees of residential unplatted properties to plat their leased lot at their expense. Upon further review, staff recommends a revision to the process outlined in November 2016, so that all remaining unplatted properties at Lake Worth be platted by the City at the City' s initial expense and that reimbursement of the platting expense for each lot be paid by the individual who purchases the property at the time of the sale. Platting of the remaining unplatted lots at Lake Worth provides for consistency in approach and assures the completion of the platting process for all unplatted lots in a timely manner. Other terms and conditions outlined and approved by the City Council, Mayor and Council Communication Logname: 212017LAKEWORTHPLAT Page 1 of 2 (M&C L-15964), remain unchanged for the sale of the residential leased lots within the Lake Worth Leases Subdivision including the sale of the property at Fair Market Value, compliance with the Lease Amendment terms and completion of the sale of the property within the proscribed time period. The properties are located in COUNCIL DISTRICT 7. This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the attached appropriation ordinances, funds will be available in the Lake Worth Trust Fund. Prior to an expenditure being made, the participating department has the responsibility to validate the availability of funds. FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivityBudget Reference # moun ID ID Year (ChartFeld 2) FROM Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office by: Jay Chapa (5804) Originating Department Head: Steve Cooke (5134) Jean Petr (8367) Additional Information Contact: Lester England (8053) Logname: 212017LAKEWORTHPLAT Page 2 of 2