HomeMy WebLinkAboutOrdinance 18331-10-2008Ordinance No. 18331-10-2008
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE CULTURE AND TOURISM FUND IN THE AMOUNT
OF $25,000.00 AND DECREASING THE UNAUDITED, UNRESERVED,
UNDESIGNATED FUND BALANCE BY THE SAME AMOUNT FOR THE
PURPOSE OF AUTHORIZING THE ACQUISITION FROM JAGEE REAL
PROPERTIES, L. P., ONE PERPETUAL PUBLIC ACCESS EASEMENT
LOCATED AT LOT 4, BLOCK 1, WILLIAM J. BAILEY ADDITION; PROVIDING
FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF
PRIOR 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 2007-
2008 in the Budget of the City Manager, there shall also be increased estimated receipts and
appropriations in the Culture and Tourism Fund in the amount of $25,000.00 and decreasing the
unaudited, unreserved, undesignated fund balance by the same amount, for the purpose of
authorizing the acquisition from JaGee Real Properties, L. P., of one perpetual public access
easement located at Lot 4, Block 1, William J. Bailey Addition.
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 or
judgment 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 No. 17749 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conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 PrS-T~Q FORM AND LEGALITY:
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ss'stant City A orn'ey
ADOPTED AND EFFECTIVE: October 14, 2008
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ORDINANCE NO. 18331-10-2008 3011 l1 U M P LAC
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DETAIL SHOWING PROJECTAREA
Ci~jo ®f F®r'# VI/®rfh, Texas
IUlayor and Council Corromunication
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COUNCIL ACTION: Approved on 10/14/2008 -Ord. No. 18331-10-2008
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DATE: Tuesday, October 14, 2008
LOG NAME: 30MUSEUMPLACE REFERENCE NO.: ~*L-14660
SUBJECT:,
Authorize /4cquisition from JaGee Real Properties, L.P., of a Perpetual Public Access Easement
Over Land Located at Lot 4, Block 1, William J. Bailey Addition at a Cost of $25,000.00; and Adopt
Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Approve the acquisition from JaGee Real Properties, L.P., of a perpetual Public Access Easement
over approximately 0.076 acre of land located at Lot 4, Block 1, William J. Bailey Addition, as described in
the plat recorded in Volume 310, Page 61 of the Plat Records of Tarrant County, Texas;
2. Find that the price offered in the amount of $25,000.00 is just compensation for the grant of such
easement;
3. Authorize the acceptance and recording of appropriate instruments related to the grant of such
easement; and
4. Adopt the attached supplemental appropriation ordinance increasing appropriations in the Culture and
Tourism Fund in the amount of $25,000.00 and decreasing the unaudited, unreserved, undesignated fund
balance by the same amount in order to pay the acquisition cost.
DISCUSSION:
JaGee Read Properties, L.P. (JaGee), has received a license for artwork to be displayed on an exterior wall
of the new federal post office under construction in the vicinity of the Museum Place development near the
intersection of West 7th Street and University Drive. JaGee has acquired real property adjacent to the post
office that is intended to be used as an open space park. The proposed easement will allow public access
to this property and ensure visibility and access to the artwork.
The cost of the proposed easement is $25,000.00, which will be funded from currently available revenues in
the City's Cualture and Tourism Fund.
This property is located in COUNCIL DISTRICT 7.
FISCAL INFORMATION/CERTIFICATION:
The Financiial Management Services Director certifies that upon approval of the above recommendations
and adoptimu~ of the attached supplemental appropriation ordinance, funds will be available in the current
operating budget, as appropriated, of the Culture and Tourism Fund. Upon approval, the unaudited,
unreserved, undesignated fund balance of the Culture and Tourism Fund will be $4,380,852.00.
Logname: 30NfLTSEUMPLACE Page 1 of 2
TO Fund/AccountlCenters
GG04 539120 0246000 $25,000.00
FROM Fund/Account/Centers
GG04 539120 0246000 $25.000.00
Submitted for City Manager's Office b~ Fernando Costa (8476)
Originating Department Head: A. Douglas Rademaker (6157)
Additional Information Contact: Mark Folden (5402)
Tom Higgins (6266)
Logname: 30MIJSEL:iMPLACE Page 2 of 2