HomeMy WebLinkAboutOrdinance 20225-06-2012ORDIN;AN(T N0.2022 -06 -3012
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE PARK DEDICATION FEES FUND IN THE AMOUNT OF
$152,461.34, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF PURCHASING
PROPERTY LOCATED AT 8600 SHELBY LANE FROM ROBYN KEATING AND
DEDICATING THE PROPERTY AS PARKLAND; 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 2011 -2012 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Park
Dedication Fees Fund in the amount of $152,461.34, from available funds, for the purpose of purchasing
property located at 8600 Shelby Lane from Robyn Keating and dedicating the property as parkland.
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.1 99 1 1 -09 -20 1 1 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of said prior ordinances and appropriations are hereby expressly repealed.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:
Assistant City Attorney
ADOPTED AND EFFECTIVE: June 5, 2012
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City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 6/5/2012 - Ordinance No. 20225 -06 -2012
DATE: Tuesday, June 05, 2012
LOG NAME: 17SHELBY
REFERENCE NO.: * *L -15372
SUBJECT:
Authorize Purchase of Property Located at 8600 Shelby Lane from Robyn Keating in the Amount of
$175,000.00 Plus Approximately $5,000.00 in Closing Costs, Dedicate the Property as Parkland and Adopt
Appropriation Ordinance (COUNCIL DISTRICT 7)
RECOMMENDATION:
It is recommended that the City Council:
1. Approve the purchase of the property located at 8600 Shelby Lane from Robyn Keating in the amount
of $175,000.00 plus closing costs estimated at $5,000.00;
2. Authorize the execution of the appropriate closing documents to complete the purchase;
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Park Dedication Fees Fund in the amount of $152,461.34 from available funds; and
4. Accept the property and dedicate the property as parkland upon acceptance.
DISCUSSION:
The Lakeland Addition is a small residential neighborhood surrounded by the Fort Worth Nature Center
and Refuge. There are currently 44 privately owned properties within this neighborhood area.
Over the past several years, the City has been acquiring properties in the Lakeland subdivision as they
have become available. As the City has acquired the properties, they have been integrated into the Fort
Worth Nature Center and Refuge as endorsed in the Nature Center Master Plan approved by City Council
on June 17, 2003 (M &C G- 13998). The City has acquired nine of the privately owned properties in the
area to date.
Staff has recently identified another property in the Lakeland Addition that is for sale. This property is an
improved residential lot. Integration of this property is essential for the future development of the Fort
Worth Nature Center and Refuge. The property is further described as follows:
Owner Address Purchase Price Closing Costs Total
Robyn Keating 8600 Shelby Lane $175,000.00 $5,000.00 $180,000.00
This property was appraised by an independent appraiser and Staff considers the cost to be fair and
reasonable and recommends the purchase of this property.
Logname: 17SHELBY Page 1 of 2
In order to advance the Fort Worth Nature Center Master Plan, this purchase will be paid for, in part, from
Park Dedication Fees interest funds with the intention that upon the leasing of the minerals contained
within the Fort Worth Nature Center property and distributed per the current Financial Management Policy,
the funds will be reimbursed to the Park Dedication Fees Fund.
The 2004 Capital Improvement Program (CIP) included $200,000.00 for the purchase of Lakeland
properties. The remaining fund balance of $27,538.66 will be combined with $152,461.34 from the Park
Dedication Fees Fund together in the total amount of $180,000.00 to complete this acquisition.
Terms of the Sale Include:
• Seller will retain mineral rights, but will grant City a surface waiver;
• City to lease property back to Seller at no cost for 60 days after closing with two 60 day renewals;
and
• During the leaseback period, City's repairs and maintenance costs are capped at $1,000.00.
The property is located in COUNCIL DISTRICT 7, Mapsco 45F.
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations
and adoption of the attached appropriation ordinance, funds will be available in the current capital budget,
as appropriated, of the Park Improvements Fund and Park Dedication Fees Fund.
FUND CENTERS:
TO Fund /Account/Centers
CERTIFICATIONS:
Submitted for City Manager's Office by:
Originating Department Head:
Additional Information Contact:
FROM Fund /Account/Centers
C281 541100 0801410027141
C280 541100 0801419990100
C280 541100 0801419990100
Fernando Costa (6122)
Jay Chapa (5804)
Cynthia Garcia (8187)
Robin Bentley (7315)
$152,461.34
$1,038.66
$26,500.00
Logname: 17SHELBY Page 2 of 2