HomeMy WebLinkAbout(0038) M&C 20-0041City of Fort Worth, Texas
Mayor and Council Communication
DATE: 01/28/20 M&C FILE NUMBER: M&C 20-0041
LOG NAME: 06AX-19-012, COWLEY MANAGEMENT, LLC - OWNER -INITIATED
SUBJECT
Conduct Public Hearing, Authorize Execution of Municipal Services Agreement and Adopt Ordinance for the Proposed Owner -Initiated Annexation
of Approximately 412.02 Acres of Land in Tarrant County, Known as Cowley Management, LLC., Located at 12250 Old Weatherford Road, in the
Far West Planning Sector, AX-19-012 (FUTURE COUNCIL DISTRICT 3)
(PUBLIC HEARING - a. Report of City Staff: Mary Elliott; b. Citizen Presentations; c. Council Action: Close Public Hearing and Approve the M&C)
RECOMMENDATION:
It is recommended that the City Council:
1. Conduct public hearing for the proposed owner -initiated annexation of approximately 412.02 acres of land in Tarrant County located at
12250 Old Weatherford Road as shown on Exhibit A;
2. Authorize Execution of Municipal Services Agreement between the City and property owners, 1) Annettalnvestments, LP; 2) GYF
Investments, LLLP; 3) Boa Sorte Limited Partnership; 4) LS Tyler Investments, LLLP; 5) Rio Claro, Inc.; 6) TK Cowley Investments, LLLP; 7)
SPG-Harvard III, LLLP; 8) The Cowley Family Foundation; 9) SMT Investors Limited Partnership; 10) CFG Zaharis, LLLP; 11) CFG-
Broadway & Rooks, LLLP; 12) Allen -Cowley Living Trust; 13) CF,G Brown I, LLLP; and 14) CFG-Whiteman I, LLLP; and
3. Adopt ordinance annexing Cowley Management, LLC for full purposes.
DISCUSSION:
On October 18, 2019, representatives for the property owners 1) Annetta Investments, LP; 2) GYF Investments, LLLP; 3) Boa Sorte Limited
Partnership; 4) LS Tyler Investments, LLLP; 5) Rio Claro, Inc.; 6) TK Cowley Investments, LLLP; 7) SPG-Harvard III, LLLP; 8) The Cowley Family
Foundation; 9) SMT Investors Limited Partnership; 10) CFG Zaharis, LLLP; 11) CFG- Broadway & Rooks, LLLP; 12) Allen -Cowley Living Trust;
13) CF,G Brown I, LLLP; and 14) CFG-Whiteman I, LLLP, submitted an application for full -purpose annexation of the property shown on Exhibit A
into the City of Fort Worth. The subject property is located entirely in that portion of the City's extraterritorial jurisdiction which is in Tarrant County.
The site is located 12250 Old Weatherford Road, just west of Chapin Road. The owner -initiated annexation contains approximately 412.02
acres. The proposed annexation is consistent with the urban development annexation criteria as established by the City's Annexation Policy. The
subject area is currently vacant land. The property is proposed for residential type development and the proposed zoning is "A-5" One -Family.
The proposed use is consistent with the future land use map of the 2019 Comprehensive Plan.
On December 11th, the related zoning case (ZC-19-183) was heard by the Zoning Commission, and the commission voted to recommend
approval of "A-5" One -Family zoning to City Council.
Subchapter C-3 of Chapter 43 of the Texas Local Government Code (LGC) provides for the process of annexation of an area upon a request of an
owner of land. Section 43.0672 of the LGC requires a municipality that elects to annex an area upon the request of an owner first negotiate and
enter into a written agreement with the owners of land in the area for the provision of municipal services.
The agreement must include:
1. a list of each service the municipality will provide on the effective date of the annexation, and
2. a schedule that includes the period within which the municipality will provide each service that is not provided on the effective date of the
annexation.
The municipal services agreement includes these provisions in accordance with state law.
The proposed uses were considered while assessing the financial impact to the General Fund. The city tax revenue is expected to have a positive
fiscal impact over the next 10 years after the proposed development has been built. Based on the operating costs projected from the Police,
Code Compliance and Transportation and Public Works Departments, the fiscal impact shows a slightly negative effect to the General Fund for the
first year, but will have a positive impact thereafter. Therefore, due to the ability of the area to meet the City's criteria for full -purpose annexation
Staff recommends approval of the requested owner -initiated annexation, AX-19-012.
The City Council will conduct a public hearing on the proposed annexation. The public hearing is an opportunity for persons interested in the
annexation to be heard. Once the City Council has conducted the required public hearing, Council may close the hearing and vote on
authorizing the City Manager to execute the Municipal Services Agreement between the City and property owners and adopt an ordinance
annexing Cowley Management, LLC for full purposes.
Upon approval of the annexation request, the property will become part of COUNCIL DISTRICT 3.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that based upon approval of the above recommendations and adoption of the attached ordinance, the annexation
will have a long-term positive impact to the General Fund.
Submitted for City Manager's Office by. Dana Burghdoff 8018
Originating Business Unit Head: Randle Harwood 6101
Additional Information Contact: Leo Valencia 2497