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HomeMy WebLinkAboutResolution 2115A Resolution ~ ~/~~ AUTHORIZING THE CONVEYANCE OF A 30 402 ACRE TRACT OF SURPLUS DFW AIRPORT PROPERTY BY THE CITIES OF FORT WORTH AND DALLAS TO THE CITY OF EULESS IN EXCHANGE FOR A 46 7i4 ACRE TRACT OF LAND CASH PROCEEDS AND OTHER CONSIDERATION WHEREAS the City of Dallas and the City of Fort Worth (the Owner Cities) hold title to a tract of land (the Airport tract) containing approximately 30 402 acres near Dallas-Fort Worth International Airport (the Airport) and described as Tract 1C A Barnard Survey Abstract No 107 in the City of Euless Tarrant County Texas as more specifically described in Exhibit "A" attached hereto and incorporated herein and WHEREAS the Airport tract was declared surplus by the DFW Airport Board of Directors by adoption of Resolution No 95-07- 215 on July 6 199'5 and WHEREAS the City of Euless holds or will hold title to a tract of land (the Euless tract) containing approximately 46 714 acres of land contiguous to the Airport and described as Tracts 3 and 4D S Tucker Survey Abstract No 1512 as more specifically described in Exhibit "B" attached hereto and incorporated herein and WHEREAS the Airport Board has requested that the Owner Cities enter into a sale and exchange agreement with the City of Euless whereby the Airport tract will be exchanged for the Euless tract plus cash consideration in a total amount of $1 million payable to the Owner Cities at closing and other consideration and WHEREAS the Euless tract will be acquired by the Owner Cities for the use and benefit of the Airport and WHEREAS the cash proceeds will be distributed in accordance with Section 9 6 (a) (2) of the 1968 Regional Concurrent Bond Ordinance :and the 1968 Contract and Agreement between the Owner Cities and WHEREAS the sale and exchange of this property is in accordance with Section 272 001(b)(6) of the Texas Local Government Code authorizing the sale of city-owned property to another governmental entity with the power of eminent domain for fair market value without the necessity of competitive bids CITY OF FORT WORTH A Resolution NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH TEXAS SECTION 1 That the City Manager is authorized to execute a sale and exchange agreement with the City of Euless SECTION 2 That the City Manager is authorized to execute the appropriate deed conveying the Airport Tract to the City of Euless in accordance with the agreement subject to the reservation of an avigation easement and easements for existing utilities SECTION 3 That the City Manager is authorized to accept and record the appropriate deed from the City of Euless conveying the Euless tract to the Owner Cities in accordance with the agreement The City Manager is also authorized to accept and record appropriate avigation easements necessitated by this sale and exchange SECTION 4 That the DFW Airport Plan be amended to exclude the Airport tract and include the Euless tract upon the closing of the transaction -2- CITY OF FORT WORTH A Resolution SECTION 5 That the net proceeds from the transaction shall be distributed on the basis of four-elevenths (4/11) to the City of Fort Worth and seven-elevenths (7/11) to the City of Dallas SECTION 6 That the City Manager is authorized to execute such other documents as may be necessary to effectuate this transaction SECTION 7 That the City Attorney shall approve as to form and legality any legal instruments or documents prior to their execution by the City Manager That the City Attorney is authorized to approve corrections of minor errors in the description of the properties described in Exhibits "A" and "B" SECTION 8 That in accordance with the Chapter XXI Section 5 of the City Charter the City s intent to sell the Airport tract be published once a week for four consecutive weeks in the official newspaper of the City prior to the sale SECTION 9 That this resolution shill take effect from and after its adoption by the City Council and the adoption of a similar resolution by the Dallas City Council -3- CITY OF FORT WORTH _° CITY OF FORT WORTH u.rv ~ ~ rv v vVL V~ J~ ~;,:~ Metes and Bounds Uescrintion • 30.402 Acres Abraham i3amard Survey A- l07 Euless, Tarrat County 'i exas $1:ING a tract of [and containing 30.402 acres, part of the Abraham Barnard Survey Abstract Number 107 located in the City of Euless, Tarrant County Texas, bang part of that certain parcel described in deed to the City of lbrt Worth by Volume 3650, Page 402 and Volume 2602, Page 12 rind aEl of that certain tract described by Quit Claitn Deed from rho State of Texas to the Cities of Dallas and tort Worth and recorded in Volurne 802x0, Page 2337 of the l')eed Records of Dallas County, Texas (DRDCT) and in Volume 7033, Page 1961 of the lleed Records of Tarrant Cotutty Texas (DRTCT) (beatings refereaced tv the DFW GPS Monument No. 13): BHGINNING at an Iron rod for the most easterly northeast cut-bade comer for the intersection of State Highway i83 and Minters-Chapel Road, said point having D/FVfJ 'Surface 88" values of N = 991885.83 E - 4095Gb.44, and being located South fi8°45'S8" West,1532.58 feet from DlFW GPS Monument No. 13 said point being the rnosa southerly potnt for that tract described by Quit Claim Ueed recorded in Voiume 7033, Page 1961, DRTCT 1'HLiNL'E with the east right-af way for Mintetc-Chapel Road the following: North 69`21 11 West, 58.03 feet to an iron rod; North 15°52'11 West, 51.89 feet to an iron rod; North 00°26.11 West, 564.08 feet to a 3l4-inch iron rod, the northwest corner for the aforesaid Qarit Claim 1'arcct; THENCE northerly eontinning with the cast line of Minters Chapel Road fire following: i - Notch 00°12'28" West, 354.42 feet to D/FW Montuncnt No. ti7D- North 00.19'22" West, 6?2.39 feet to a l t2•lrtch iron rod found for the southwest corner of a called 28,44 acre pat+cel described b7 instrument recorded in Votumc 715?, Page 13 t 4 of the flecd Records of Tarrant County Texas (DRTCT); THENCE Nart6 89.05'41" East, with the south line of said parcel, 907.27 feet to mr iron tad set for comer on the westerly right-of-way for State Highway 360; THENC>i southerly with said right-of--way the following: -- Aiang the arc of a arrve to, rho right, having a radial bearing of South 77°i5.30" Wcst, a delta angle of 31.4(1'55" a radius of 1879.8G feat, an arc length of 1039.48 feet, and a choral of South 03°OS57" West, L026.28 feet to a point of compound curvature; -- Atang the arc of said curve to the right, having a delta angle of 50.19.39' a radius of 924.93 feet. as ate length of 812.dd feet, and a chord of South 44.06' 14" West, 78G.57 feet to a 5/8-inert iron rod on the northerly right- af--way for State Highway 183, South 69.12'27" Wart, with said right-of-way 242.1 S feet to the POINT OF BEidINNiNG, and containing 30.402 acres. Sheet 1 oft `~~ ~ ~s<b! - ~' EXHIBIT A . oaas~~o,aoxwu3ora.19/nt !~. 1~ L S ~p /rltlz ~~:~ ~' ~ ~ ~E ~~ } t ~~~ ~ ~'~ ~. ~~ ~~ a N N i MATCH UNt • .I ' ,1 sw / ~ R' ' ~ 1 ~g ~ d ,, ~~~ .~ ~r 1 ' ~6~ ~ ,x • - !'j ~ ~ c ., ,; ~} q ~_ :1 ' \ W1 ~ ~~~`i / ~' '«~ ' .r ~~ ~M~ ~r I ~'~.~ 1t---~ i wm'«• a+.1r I~ :~ _... .---__. ____ ~ ~ ~ ~, i j6~ 1 4 .+!~ ; 1y 9 ~~ !s ~ ~~ ~ ' 1 . ~ s ;~ y is N , ~ r s m pia $ ~ '~ "~ m ~ ~,, I ~~ ~4 "' ~ i '~. I _.I r Qr ~ .. ~ , 0 r; Tract S a..: I.egat Descripdon Le~AL~sclai~-~oN BEING 46 714 acres of land located in the S. TUCKER SURVEY Abstract No. 1512, Tarrarrt County Texas, and being a portion of the 77 998 acre tracts described in the deed to Sunbelt Savings & Loan Association, recorded in Volume 9087 Page 1978 of the Deed Records of Tarrant County Texas, and a portion of the tract of land described in the deed to Sunbelt Savings ~ Loan association, recorded in Volume 9067 Page 2075 of the Deed Records of Tarrant County Texas. Said 46.714 acres of Land being more part':cularly described by metes and bounds as follows: 6EGINNING at a concret® monument marked uDallas/Fort Worth Airport Comer No. 63" found at the Northeast comer of said Sunbelt Tract, described in Volume 9087 Page 2075. Said monument and corner being an L property corner of the Dallas/Fort Worth International Airport property THENCE, South 00°24'23", East 2197 92 feat along the West boundary line of said Dallas/Fort Worth International Airport property and the East boundary line of the aforesaid Sunbelt Savings & Loan Association Tracts to a 112-inch iron rod in the Easterly right-of--way line of State Highway No. 360 as conveyed to the State of Texas, by the deed rscvrds recorded in Valum® 8279, Page 2147 of • the Deed Records of Tarrant County Texas. THENCE along the Easterly right-of--way line of said State Highway No. 360 as follows: Northwesterly 718.64 f®et along a curve to the Right, having a radius of 2834 79 feet, a central angle of 14°31'30° and a chord bearing North 44°27'34", West 716.72 feet to a Texas Department of Transportation concrete right-of-way monument; 2. North 37°11'49" W®st 476.76 feet to a Texas Department of Transportation concrete right-of-way monument; 3: North 23°07'50" West 41 14 feet to a Texas Department of Transportation concrete right-of-way monument; ~4. Nvrth 37°1149" West 5710 fast to a Texas Department of Transportation concrete right•of way monument; 5. North 60°52'21 West 24 90 feat to a Texas Department of Transportation concrete right-of-way monument; ~XnIB1T B • TtaCt S "~ Legal Description • 6 North 37°11'49" West 150Ci.32 feet to a 112-inch iron rod at the intersection of the North boundary line of aforesaid Sunbelt Savings &. Loan Association Tract and the South boundary line of the aforesaid Dallas/Fort Worth International Airport property THENCE, North 89°33'21 East 1755.97 feet along the North boundary line of said Sunbelt Savings & Loan Association Tract and the South boundary line of aforesaid DailaslFort Worth International Airport property (as conveyed to the City of Fort Worth by the deed recorded in Volume 5053, Page 136 of the Deed Records of T®rrant County Texas) to THE PLACE OF BEGINNING, containing 46.714 acres (2,034,861 square feet} of land} more or less. •