HomeMy WebLinkAboutResolution 777 RESOLUTION FIDE NO. 7
A Resolution
WHEREAS , on the 9th day of September, 1980 , the City
Council of Fort Worth approved offering for sale Lot 8 ,
Block 25 , Original Town of Fort Worth; and
WHEREAS , on the 17th day of February, 1981 , the City
Council directed the staff to advertise Lot 8 , Block 25 ,
Original Town of Fort Worth for sale with the City reserving
the right to evaluate the proposed integration of the use of
the property in determining the highest and best bid; and
WHEREAS , pursuant to such action and in accordance with
the provisions of Article 5421c-12 , Revised Civil Statutes
of Texas , said property was advertised for sale to the
general public giving its description, location and the pro-
cedures under which sealed bids to purchase the property
might be submitted through notice published in newspapers of
general circulation in Tarrant County and elsewhere during
March, 1981; and
WHEREAS, proposals were received after the notice of
sale in March, 1981, by the City and were opened on April 2 ,
1981 , at 11 :00 a.m. in the City Council Chamber; and
WHEREAS, the proposal submitted by City Center Develop-
ment Co. included a proposal to renovate and utilize the
-ground floor of the building as a public interpretive center
as an extension of the Fort Worth Museum of Science and
History at no cost to the City while restoring and maintaining
the structural soundness and current extension of the fire
station building so as to preserve the historical and archi-
tectural character; and
WHEREAS , the Fort Worth Museum of Science and History
is a City supported facility and is a major source of civic
pride and cultural activity in the City and the interpretive
center would be an enhancement of its civic and cultural
programs ; and
WHEREAS , the City desires to encourage a revitalized
downtown area serving the citizens and guests as specified
in the "Advertising Notice to Bidders" ; and
O
CITY OF FORT WORTS
WHEREAS , the City Center Development Co. ' s proposal
would provide a downtown location for visitors and citizens
alike to receive information concerning Fort Worth, both
past, present and future; and
WHEREAS, the proposal submitted by Jane Schlansker and
Company is to use the building as a corporate headquarters
for a public relations firm with limited use by the citizens
and guests while restoring and maintaining the structural
soundness and current exterior of the fire station building
so as to preserve the historical and architectural character;
and
WHEREAS, the Planning Department, Development Depart-
ment, Finance Department, City Attorney and City Manager
have reviewed both proposals ; and
WHEREAS, City Center Development Co. ' s proposal provides
appropriate economic benefits to the downtown area and the
City, for such proposal would provide free use of the ground
floor of the fire station to various non-profit entities
while City Center Development would pay the ad valorem taxes
on the entire property and pay the operating expenses
including utilities ; and
WHEREAS, the Jane Schlansker and Company proposal does
not provide civic, cultural and economic benefits to the
City of Fort Worth to the same degree as the proposal sub-
mitted by City Center Development Co . ; and
WHEREAS, after extensive evaluation of the proposals
tendered, the proposal of City Center Development Co.
appears clearly to be the highest and best bid proposal
submitted and received for the purchase of the premises ; and
WHEREAS, the proposal of City Center Development Co. is
in the best interest of the public and the citizens of Fort
Worth; and
WHEREAS , the value of said property exceeds Twenty-Five
Thousand Dollars ($25 ,000 .00) and it is both necessary under
Section 5 of Chapter XXII of the Charter of the City of Fort
Worth and in any event desirable that the City Council make
known at the earliest practicable date its intention to enter
into a contract to sell the property to the bidder submitting
the highest and best bid proposal under a plan most advan-
tageous to the City, NOW, THEREFORE,
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MY OF FORS' WORTH
BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF FORT WORTH
SECTION 1
That it is the intent of the City Council to sell Lot 8 ,
Block 25 , Original Town of Fort Worth, to the bidder that has
submitted the highest and best bid proposal thereon, i.e. ,
City Center Development Co.
SECTION 2
That all bid proposals other than the one submitted by
City Center Development Co. for the purchase of Lot 8 , Block
25 , Original Town of Fort Worth are hereby rejected.
SECTION 3
That the City Manager is hereby authorized and directed
to negotiate, upon the most favorable terms to the City which
may be achieved, including specific use and development and
appropriate deed restrictions , a contract covering the sale
of Lot 8, Block 25 , Original Town of Fort Worth with City
Center Development Co . , and present the same to the City
Council at the earliest practicable date for consideration.
SECTION 4
That the City Secretary is directed to publish the
caption and Section 1 of this Resolution in the official
newspaper of the City once a week for four (4) consecutive
weeks .
PASSED THIS day of A.D. , 1981 .
CITY OF FORT WORTH