HomeMy WebLinkAboutOrdinance 25050-09-2021 ORDINANCE NO. 25050-09-2021
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE PARD DEDICATION FEES FUND IN THE AMOUNT
$3,901,000.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING
THE ROCK CREEK RANCH PROJECT (CITY PROJECT NO. 103448);
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 2020-2021 in the
Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the PARD
Dedication Fees Fund in the amount of$3,901,000.00, from available funds, for the purpose of funding the
Rock Creek Ranch project(City Project No. 103448).
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 24446-09-2020 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said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRETARY
/blri i�cw✓Gficau'y
Assistant City Attorney Ronald P. Gonzales
Acting City Secretary O� F 0R
ADOPTED AND EFFECTIVE: September 14,2021
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City of Fort Worth, Texas
Mayor and Council Communication
DATE: 09/14/21 M&C FILE NUMBER: M&C 21-0672
LOG NAME: 214850 HIGHWAY 1187
SUBJECT
(CD 6)Authorize the Acquisition of a Fee Simple Interest in Approximately 270 Acres of Land Located at 4850 Highway 1187 from Conglomerate
Gas II, L.P., Crestview Farm 250, L.P. and ShennaCo Holdings, LLC in the Amount of$25,000.00 per Acre for an Estimated Total Purchase Price
of$6,750,000.00, Pay One-Half of the Estimated Closing Costs in an Amount Up to$70,000.00,Accept the Donation of Approximately Five and
One-Half Acres of Additional Land from Conglomerate Gas li, L.P. and an In-Kind Donation Valued at$68,500.00 from ShennaCo Holdings
LLC, Dedicate the Property as Parkland to be Known as Rock Creek Ranch Park,Adopt the Attached Appropriation Ordinances, and Amend the
Fiscal Year 2021-2025 Capital Improvement Program(2018 Bond Program)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the acquisition of a fee simple interest in approximately 270 acres of land located at 4850 Highway 1187, Fort Worth, Texas
76102 and situated in the Juan Albirado Survey,Abstract No.4,the J.W. Haynes Survey,Abstract No. 787,the J.M Muhlinghaus Survey,
Abstract No. 1082, the J.M. Muhlinghaus Survey, Abstract No. 1157, and the McKinney and Williams Survey, Abstract No. 1119
from Conglomerate Gas II, L.P., Crestview Farm 250, L.P.and ShennaCo Holdings LLC in the amount of$25,000.00 per acre for a total
estimated purchase price of$6,750,000.00 and pay one-half of the estimated closing costs in an amount up to$70,000.00;
2. Accept the donation of approximately 5.5 acres of additional land situated in the Juan Albirado Survey, Abstract No. 4 and the J.M.
Muhlinghaus Survey,Abstract No. 1157 from Conglomerate Gas II,L.P.;
3. Accept an in-kind donation valued at$68,500.00 from ShennaCo Holdings LLC to represent the difference between the stipulated fair
market value of a portion of the property and the purchase price of$25,000.00 per acre;
4. Authorize the City Manager or designee to accept the conveyance,to execute the necessary contract of sale and purchase, and to execute
and record the appropriate instruments;
5. Dedicate the property as parkland upon conveyance to be named Rock Creek Ranch Park;
6. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the 2018 Bond Program Fund by increasing
receipts and appropriations in the Rock Creek Ranch project(City Project No. 103448) in the amount of$1,919,000.00 and decreasing
receipts and appropriations in the Park Land Acquisition Programmable project(City Project No. PB0011)by the same amount;
7. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the General Gas Lease Capital Projects
Fund by increasing receipts and appropriations in the Rock Creek Ranch project(City Project No. 103448)in the amount of$1,000,000.00
and decreasing receipts and appropriations in the Open Space Appropriations project(City Project No. PA0001)by the same amount;
8. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the PARD Dedication Fees Fund in the
Rock Creek Ranch project(City Project No. 103448)in the amount of$3,901,000.00 from available funds;and
9. Amend the Fiscal Year 2021-2025 Capital Improvement Program.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C)is to seek approval to acquire land located at 4850 Highway 1187 in accordance
with the Neighborhood and Community Park Dedication Policy and the Park, Recreation and Open Space Master Plan, which calls for the
provision of adequate park and recreational areas in the form of Neighborhood-Based Parks and Community-Based Parks.
The Park&Recreation Department(PARD)conducted an assessment of potential properties in southwest Fort Worth for parkland acquisition.
The proposed 270-acre site is located in Park Planning District 1 which is under-served in community-based parkland. This acquisition will create
a new community park in the southwest sector of the City.
Conglomerate Gas II, L.P., Crestview Farm 250, L.P., and ShennaCo Holdings, LLC (collectively,the Seller) have agreed to sell the property,
approximately 270 acres, more or less, for$25,000.00 per acre,for an estimated total purchase price of$6,750,000.00. The Seller has also
agreed to donate approximately five and one-half acres of property valued at$140,000.00 from Conglomerate Gas II, L.P.to the City,as depicted
in blue on the attached map.Additionally,the City has agreed to accept an in-kind donation valued at$68,500.00 from ShennaCo Holdings LLC to
represent the difference between the stipulated fair market value of a portion of the property,as depicted in red on the attached map, ($65,000.00
per acre)and the purchase price of$25,000.00 per acre. The purchase price will be subject to an independent appraisal. The mineral estate will
not be acquired and the deed will contain a surface waiver for the exploration of the mineral estate. The real estate taxes will be pro-rated with the
seller being responsible for taxes due up to the closing date. The City will pay one-half of the estimated closing costs in an amount up to
$70,000.00.
The City has agreed to allow the seller to reserve one sixty-foot-wide non-exclusive access easement to provide access from Highway 1187 to the
remainder of the seller's land not being purchased by the City. The access easement will terminate upon the completion of a public road
providing access to the remainder of the seller's land not being purchased by the City. In addition, the seller will reserve three non-exclusive
easements(not to exceed fifty feet wide)for future underground utilities to serve the seller's adjacent property.
Funding for this project was included in the Fiscal Year(FY) 2021-2025 Capital Improvement Program for project PA0001. In order to
administratively track the spending of all funding sources in one project, appropriation ordinances are needed to move appropriations from the
programmable projects to the jointly funded static project. Additional funding in the amount of$1,000,000.00 in Open Space Appropriations
Program funding (City Project No. PA0001)will be utilized to implement the conservation of 40 acres of the site, to be determined at the park
master planning phase,thereby supporting the goal of the Open Space Conservation Program to protect high-quality natural space in Fort Worth
and$3,831,000.00 in Park Dedication Fees funds are needed to acquire the property. The actions in this M&C will amend the FY2021-2025
Capital Improvement Program,as approved, in connection with Ordinance No.24446-09-2020.
This project is included in the 2018 Bond Program. Available resources within the General Fund will be used to provide interim financing until debt
is issued. Once debt associated with the project is sold, bond proceeds will reimburse the General Fund in accordance with the statement
expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance No. 23209-05-2018)
and subsequent actions taken by the Mayor and Council.
The park will be held in reserve status until development occurs. The operating costs for the park to be maintained in reserve status are estimated
to begin in the first quarter of FY2022. A summary of increased PARD operating&maintenance(O&M)costs are as follows:
O&M FY2022
PARD Maintenance $12,070.00
PARD Forestry $5,792.00
Total $17,862.00
As of July 31,2021,the cumulative total of all previously approved M&Cs increased the department's acreage by an estimated 42.85 acres and
estimated annual maintenance by$308,857.00 beginning in FY2022. Rock Creek Ranch Park is estimated to increase the department's acreage
by 280 acres, more or less, and annual maintenance by$17,862.00. When the site is developed, additional funding will be requested for
maintenance operations of future facilities and the resultant increase in use.
This property is located in COUNCIL DISTRICT 6.
A Form 1295 is not required because:This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION I CERTIFICATION:
The Director of Finance certifies that funds are currently available in the Open Space Appropriations programmable project within the General Gas
Lease capital Prj Fund and Unspecified projects within the PARD Dedication Fees Fund and upon approval of the above recommendations and
adoption of the attached appropriation ordinances,funds will be available in the General Gas Lease capital Prj Fund, PARD Dedication Fees
Fund and 2018 Bond Program Funds for the Acq-Rock Creek Ranch project. Prior to an expenditure being incurred,the Park& Recreation
Department has the responsibility of verifying the availability of funds.
Submitted for City Manager's Office bk Dana Burghdoff 8018
Originating Business Unit Head: Steve Cooke 5134
Richard Zavala 5704
Additional Information Contact: Ricky Salazar 8379
David Creek 5744
Expedited