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HomeMy WebLinkAboutOrdinance 15806Ordinance No. AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF $8,16100 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING THE RELOCATION OF THE GREENHOUSES LOCATED AT THE BOTANIC GARDENS, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, SECTION That in addition to those amounts allocated to the various City departments for Fiscal Year 2003- 2004 in the Budget of the City W1aneger, there shall also be increased estimated receipts and appropriations in the Special Trust Fund in the amount Vf$8.183.00 from available funds for the purpose of funding the relocations of the greenhouses located at the Botanic Gardens. That should any portion, section or part ofasection of this ordinance be declared invalid, inoperative or void for any reason by o court cf competent jurisdiction, such dooieion, opinion or judgment shall in no way impair the remaining portions, sectinns, or poda 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. 15636 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 approphoUons, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. qROVED AS To OR Aan Attor ADOPTED AND EFFECTIVE, ,MF I iLIE"llw-11011111119H •S 7EVU DATE: Tuesday, December 16, 2003 LOG NAME: 80SU132STOCKSHOW REFERENCE C-19901.. SUBJECT: Authorization to Enter into a Contract with the Southwestern Exposition and Livestock Show and to Sub-Sublease with Midwestern Development & Realty Company for the Use of a Parking Lot, and Adoption of Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to execute a sublease agreement with Southwestern Exposition and Livestock Show for the use of a parking lot; and 2. Authorize the City Manager to execute a contract with Mid-Western Development & Realty Company to sub-sublease a parking lot subleased to the City from the Southwestern Exposition and Livestock Show; and 3. Adopt the attached appropriation ordinance increasing estimated revenue and appropriations in the Special Trust Fund in the amount of $8,163 from available funds for the relocation of the greenhouses located at the Botanic Garden. 11161do-Imma The City of Fort Worth has identified funding for Phase One of the Botanic Garden's Master Plan that includes the construction and relocation of greenhouses to a parking lot on the west side of the Fort Worth Botanic Garden ("Parking Lot"). This Parking Lot is leased to Mid-Western Development & Realty Company ( "MW"} for the tenants of the building located at 2501 Montgomery Street (March 1, 1993, City Secretary Contract No. 19597). Event Facilities Fort Worth, Inc. is the owner of a parking lot located on approximately 1.260 acre tract land located north of 2501 Montgomery Street. This lot is leased to the Southwestern Exposition an Livestock Show. The City has requested to sublease the parking lot ("Stock Show Lot") in order accommodate the parking needs of Mid-Western Development & Realty Company as a result of thl greenhouse relocation at the Fort Worth Botanic Garden. 1,nannmf• R01�1 JR?qTOCX�14OW D­ 1 -f-) In order to accommodate the parking needs of MW due to the loss of parking spaces as a result of the relocation of the Fort Worth Botanic Garden greenhouses, the City has agreed to sub - sublease the Stock Show Lot to MW. The term of the sub - sublease is for 36 months, with an additional two one -year options for $8,163 a year as rental for the lease. If the sublease between the Southwestern Exposition and Livestock Show and the City is renewed beyond the two one -year renewal terms, the rent for the sub - sublease will be $9,800 a year for an additional five years. As mutually agreed upon between the City and MW, the City will conduct repairs on the Stock Show Lot including paving, striping, and security light installation. Additional terms of the sub - sublease include indemmification, insurance requirements, utility service, and ongoing maintenance of the Stock Show Lot being the responsibility of MW. This Mayor and Council Communication (M &C) corresponds with M &C C- 19909, Amendment to City Secretary No. 19597 between the City of Fort Worth and Mid - Western Development & Realty Company. Attached is an aerial photograph of the parking lot area. The Botanic Garden is a citywide facility that is located in COUNCIL DISTRICT 7. FISCAL INFORMATION /CERTIFICATION: The Finance Director certifies that upon adoption of the attached appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Special Trust Fund. TO Fund /AccounVCenters FROM Fund /Account/Centers EE72 488692 080502101010 $a,163.00 EE72 539120 080502101010 1.00 FE72 VARIOUS 080502101010 $a,163.00 Submitted for City Maker's Office bv: Libby Watson (6183) Originating Departmen# Head: Randle Harwood (Acting) (5704) Additional Information Contact: Sandra Youngblood (5755)