HomeMy WebLinkAbout2020/12/01-Attachments-M&C 20-0885City of Fort Worth,
Mayor and
Texas
Council Communication
DATE: 12/01/20 M&C FILE NUMBER: M&C 20-0885
LOG NAME: 21 PMD CFO DIRECT SALE 3221 & 3231 STRONG AVE
SUBJECT
(CD 5) Authorize the Acceptance of Two Properties Located at 3221 and 3231 Strong Avenue by Quitclaim Deed from Thomas L. G. Ross to the
City of Fort Worth, and Authorize the Direct Sale of the Same Two City Surplus Properties to Housing Channel, for a Total Cost of $49,200.00, in
Accordance with Section 272.001(g) of the Texas Local Government Code
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the acceptance of two properties located at 3221 and 3231 Strong Avenue by Quitclaim Deed from Thomas L. G. Ross to the City
of Fort Worth;
2. Authorize the direct sale of the same two City surplus properties to Housing Channel, for a total cost of $49,200.00, in accordance with
Section 272.001(g) of the Texas Local Government Code; and
3. Authorize the City Manager or his designee to execute and record the appropriate instruments conveying the properties to complete the
sale.
DISCUSSION:
The properties located at 3221 and 3231 Strong Avenue are two lots quitclaimed to the City of Fort Worth (City) from Thomas L. G. Ross in July of
2004. While no record exists of the City formally accepting the deeds for the two properties, both lots have been maintained by the City for a
number of years. To recoup some of these maintenance costs, it is recommended the City formally accept the quitclaim deeds for the two
properties and then sell the lots to Housing Channel (Buyer) via a deed without warranty.
The Buyer currently owns an adjacent lot and submitted a direct sale request to the Property Management Department to purchase the properties
referenced below. The Buyer is a qualified non-profit organization that provides low-income housing.
An independent appraisal was performed on the two properties and the agreed -upon sales price of $49,200.00 includes the appraised value of
both lots as well as the City's adminstrative costs and document preparation fees as shown below. The Buyer will be responsible for all closing
costs related to the transactions. The City will retain any and all mineral interests it may own in conjunction with the properties.
Street
Street
Appraised
CFW
Total
No
Name
Legal Description
Value
Fees
Purchase
Zoning
Price
Lot 13, Block 6,
3221
Strong Ave
Englewood Heights
$23,000.00
$1,600.00
$24,600.00
A-5
Addn, First Filing
Lot 11, Block 6,
3231
Strong Ave
Englewood Heights
$23,000.00
$1,600.00
$24,600.00
A-5
Addn, First Filing
The Development Services Department reviewed the properties' current zoning and determined the zoning classification of both properties is
compatible with respect to the existing land use of the surrounding neighborhood and future land use designations indicated in the Comprehensive
Plan.
The properties are located in COUNCIL DISTRICT 5.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that upon approval of the above recommendations, funds will be deposited into the General Fund. The Property
Management Department (and Financial Management Services) are responsible, upon closing and funding of the sale, for the collection and
deposit of these funds into the General Fund. Prior to any expenditure being incurred, the Property Management Department has the responsibility
of verifying the availability of funds.
Submitted for City Manager's Office by: Dana Burghdoff 8018
Originating Business Unit Head: Steve Cooke 5134
Additional Information Contact: Ricardo Salazar 8379
Andrea McIntosh 6253