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HomeMy WebLinkAboutOrdinance 23465-11-2018Ordinance No. 23465-11-2018 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE PACS DEDICATION FEES FUND, FROM AVAILABLE FUNDS IN THE AMOUNT OF $469,765.00, FOR THE PURPOSE OF FUNDING PROPERTY ACQUISITION; 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 2018-2019 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the PACS Dedication Fees Fund in the amount of $469,765.00, from available funds, to provide funding for property acquisition. 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 23392-09-2018 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 " , k V tA A i L ann Guzman Senior Assistant City Attorney ADOPTED AND EFFECTIVE: November 6. 2018 CITY SECRETARY: Mary J. Kayser T M & C SITE MAP 4400 KELLER HASLET ROAD I` FENCERW 4400 KELLER HASLET ROAD 2.701 ACRES (APPROXIMATELY) T OWNER: KNOX STREET PARTNERS NO 8 LTD p w. _ KELLER SLAT _ d t AMWyaw i N • "-- 77'ti E * a to i i 1L me_ L hL k is ,Ilti rii, _- #� N FORT WORTH® Copyright 2018 City of Fort Worth. Unauthorized reproduction is a violation of applicable laws. This product is for informational purposes and may not have been prepared for or w e be suitable for legal, engineering, or surveying purposes. It does not represent an on -the - ground survey and represents only the approximate relative location of property boundaries. The City of Fort Worth assumes no responsibility for the accuracy of said kit S City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 11/61201.8 - Ordinance DATE: Tuesday, November 6, 2018 REFERENCE NO.: **L-16159 LOG NAME: 21 KELLER HASLET KNOX ACQUISITION SUBJECT: Authorize the Acquisition of Approximately 2.7 Acres of Vacant Land Located at 4400 Keller Haslet Road and Park Vista Boulevard from Knox Street Partners No. 8 Ltd. in the Amount of $459,765.00 and Pay $10,000.00 in Estimated Closing Costs, Dedicate the Property as Parkland Upon Conveyance as Timberland Park and Adopt Appropriation Ordinance (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Park Dedication Fees Fund in the amount of $469,765.00 from available funds for the property acquisition; 2. Authorize the acquisition of approximately 2.7 acres of vacant land located at 4400 Keller Haslet Road and Park Vista Boulevard from Knox Street Partners No. 8 Ltd. in the amount of $459,765.00, and pay up to $10,000.00 in estimated closing costs; 3. Authorize the City Manager or his designee to execute the appropriate closing documents and record the appropriate instruments; and 5. Dedicate the property as parkland upon conveyance as Timberland Park. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to acquire land located in north Fort Worth in accordance with the Neighborhood Community Park Dedication Policy and the Park, Recreation and Open Space Master Plan, which calls for the provision of adequate park and recreational areas in the form of Neighborhood Based Parks and Community Based Parks. The Park & Recreation Department conducted an assessment of potential properties in north Fort Worth for neighborhood park land acquisition. The proposed acquisition is located in Neighborhood Park Unit 6- 02 which is currently underserved in neighborhood based parkland. Upon completion of internal staff assessment of various parcels, the site located at the southeast corner of Park Vista Boulevard and Keller Haslet Road was found most suited for a neighborhood park. Because the site is centrally located adjacent to multiple neighborhood subdivision developments and is fronted by a collector street to existing neighborhoods with pedestrian access, it has been determined suitable for recreational amenity development with good site conditions and available utilities. Staff recommends acquiring approximately 2.7 acres of vacant land located at 4400 Keller Haslet Road and Park Vista Boulevard from Knox Street Partners No. 8, Ltd to help meet an underserved need in this sector of the City. Logname: 21KELLER HASLET KNOX ACQUISITION Page 1 of 2 An independent appraisal was conducted and the property owner has agreed to the negotiated purchase price of $459,765.00. The real estate taxes will be pro -rated with the Sellers being responsible for taxes due up to the closing date. The mineral estate will not be acquired and the deed will contain a surface waiver for the exploration of the mineral estate. Staff has obtained an environmental study and a survey of the property. The park will be held in reserve status until development occurs. The annual cost to maintain this parkland in reserve status is estimated to be $8,663.00. When the park is developed, additional funding will be requested for maintenance operations of the added facilities. This property is located in COUNCIL DISTRICT 7. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations, funds will be available in the current capital budget, as appropriated, of the Park Dedication Fees Fund. The Director of Finance certifies that parkland maintenance costs will not result in any additional appropriations in the Fiscal Year 2019 Budget. FUND IDENTIFIERS (FIDs): TO und Department ccoun Project Program ctivity Budget Reference # rID I Year I (Chartfield 2) �mount und( Department �Accoun Project ID I I ID CERTIFICATIONS: Submitted for City Manager's Office by: Originating Department Head: Budget Year Jay Chapa (5804) Roger Venables (6334) Richard Zavala (5704) Laura B Morales (2311) Additional Information Contact: David Creek (5744) Reference # (Chartfield 2 Logname: 21KELLER HASLET KNOX ACQUISITION Page 2 of 2