HomeMy WebLinkAboutOrdinance 17696-08-2007Ordinance No. 17696-08-2007
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE WATER CAPITAL PROJECTS FUND IN THE AMOUNT OF $1,179,127.04 AND THE
SEWER CAPITAL PROJECTS FUND IN THE AMOUNT OF $82,959.96 FROM A WATER
AND SEWER FUND TRANSFER, FOR THE PURPOSE OF EXECUTING A COMMUNITY
FACILITIES AGREEMENT WITH VISTA CROSSROADS 1, LTD., FOR THE
CONSTRUCTION OF OFFSITE WATER AND SANITARY SEWER SERVICES TO
SERVE VISTA CROSSROADS; 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 2006-2007 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Water Capital Projects Fund in the amount of $1,179,127.04 and the Sewer Capital Projects Fund in the
amount of $82,959.96 from a Water and Sewer Fund transfer, for the purpose of executing a Community
Facilities Agreement with Vista Crossroads I, Ltd., for the constructions of offsite water and sanitary sewer
services to serve Vista Crossroads.
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. 17142 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ordinances and appropriations are hereby expressly repealed.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 ordinancesshall take effect upon adoption.
APPROX/ED~AS TO
ADOPTED AND EFFECTIVE: August 9, 2007
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Mayor and Council Communication
COUNCIL ACTION: Approved on 8/9/2007 -Ord. No. 17696-08-2007
DATE: Thursday, August 09, 2007
LOG NAME: 60VISTA
REFERENCE NO.: G-22304
SUBJECT:
Authorize Execution of a Community Facilities Agreement with Vista Crossroads I, Ltd., a Texas
Limited Partnership, by Legacy Capital Partners II, Ltd., its Manager, by Legacy Capital Company II,
its General Partner, for Construction of Offsite Water and Sanitary Sewer Services to Serve Vista
Crossroads and Adopt Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the transfer of $1,262,087 from the Water and Sewer Fund to the Water Capital Projects Fund
in the amount of $1,179,127.04 and Sewer Capital Projects Fund in the amount of $82,959.96;
2. Adapt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Water Capital Projects Fund in the amount of $1,179,127.04 and the Sewer Capital Projects Fund in the
amount of $82,959.96, from available funds; and
3. Authorize the City Manager to execute a Community Facilities Agreement with Vista Crossroads I, Ltd., a
Texas Limited Partnership, by Legacy Capital Partners II, Ltd., its Manager, by Legacy Capital Company II,
its General Partner, for the installation of offsite water and sanitary sewer services to serve Vista
Crossroads, a development located in far northwest Fort Worth.
DISCUSSION:
Vista Crossroads I, Ltd., a Texas Limited Partnership, by Legacy Capital Partners II, Ltd., its Manager, by
Legacy Capital Company II, its General Partner, the developer of Vista Crossroads, has executed a
proposed contract for community facilities to serve a development located in the far northwest part of Fort
Worth, south of Avondale-Haslet Road and north of SH 287 (see attached map).
The total cost for offsite water and sewer improvements for this development is $2,780,894. There will be
City participation in water pipe oversizing (24"/12") to increase pipe capacity in the development area. The
Developer will dedicate one acre of usable land at an acceptable site for the proposed Elevated Tank and
necessary easements to the acceptable site in lieu of cost participation in the tank. There will be City
participation in sewer pipe oversizing (15"/10") to increase pipe capacity in the drainage area. The
Developer and City estimated costs for offsite water and sewer improvements are subject to construction
inspection and material testing fees.
ESTIMATED PROJECT COST
WATER
SEWER
SUBTOTAL
INSPECTION
DEVELOPER CITY TOTAL
$909,578.00 $1,133,776.00 $2,043,354.00
$550,813.00 $79,769.00 $630,582.00
$1,460,391.00 $1,213,545.00 $2,673,936.00
$29,208.00 $24,271.00 $53,479.00
Logname: 60VISTA Page 1 of 2
MATERIAL TESTING FEE
TOTAL
$29,208.00 $24,271.00 $53,479.00
$1,518,807.00 $1,262,087.00 $2,780,894.00
This development is zoned G and located in COUNCIL DISTRICT 2.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that upon approval of the above recommendation and adoption of the
attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of
the Water and Sewer Capital Projects Funds.
TO Fund/Account/Centers
1&2)P264 472045 602140063571
1&2)P274 472045 7021400635ZZ
~P264 539140 602140063583
~P274 539140 702140063583
2)P264 531350 602140063585
2)P274 531350 702140063585
2)P264 531200 602140063584
2)P274 531200 702140063584
FROM Fund/Account/Centers
$1,179,127.04 1)PE45 538070 0609020 $1,179,127.04
$82,959.96 1)PE45 538070 0709020 $82,959.96
$1,133,776.00 3)P264 539140 602140063583 $1,133,776.00
$79.769.00 3)P264 539140 702140063583 $79,769.00
$22,675.52
1 595.48
$22,675.52
1 595.48
Submitted for City Manager's Office b~ Marc Ott (8476)
Originating Department Head: S. Frank Crumb (8207)
Additional Information Contact: Carrie McBeth (7585)
Logname: 60VISTA Page 2 of 2