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HomeMy WebLinkAbout28125-11-2025 - City Council - OrdinanceOrdinance No.28125-11-2025 AN ORDINANCE ADJUSTING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GENERAL GAS LEASE CAPITAL PRJ FUND, BY INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE OSACQ — 5501 RANDOL MILL PROJECT (CITY PROJECT NO. 106527) IN THE AMOUNT OF $1,550,000.00 AND DECREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE OPEN SPACE APPROPRIATIONS PROJECT(CITY PROJECT NO. PA0001) BY THE SAME AMOUNT; 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 2025-2026 in the Budget of the City Manager, there shall also be adjusted estimated receipts and appropriations in the General Gas Lease Capital Prj Fund, by increasing estimated receipts and appropriations in the OSAcq — 5501 Randol Mill project (City Project No. 106527) in the amount of $1,550,000.00 and decreasing estimated receipts and appropriations in the Open Space Appropriations project (City Project No. PA0001) by the same amount. M =101 1101 z IPJ 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 27979-09-2025 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: Assistant City Attorney ADOPTED AND EFFECTIVE: November 18, 2025 CITY SECRETARY Jannette S. Goodall City Secretary 'F� O�°�°�'��lC0o $�d� d o =00o d °o °° Asaap MAYOR AND COUNCIL COMMUNICATION MAP COUNCIL DISTRICT 11 CPN 103511 5501 RANDOL MILL RD OPEN SPACE ACQUISITION N Approximately 48.60 being all that certain lot, tract or parcel of land situated in the John H. n Conner Survey, Abstract No. 285, William R. Reeder Survey, Abstract No. 1303, Robinson, N Horace Survey, Abstract 1315, and the James F. Redding Survey, Abstract No. 1302, Tarrant County, Texas &, 5501 Randol Mill 0 190 380 Feet Copyright © 2025 City of Fort Worth. Unauthorized reproduction is a violation of FORT WO RT H� applicable laws. This data is to be used for graphical representation only. The accuracy is not to be taken/used as data produced for engineering purposes or by a registered professional land surveyor. The City of Fort Worth assumes no responsibility for the accuracy of said data. City of Fort Worth, Texas Mayor and Council Communication DATE: 11/18/25 M&C FILE NUMBER: M&C 25-1075 LOG NAME: 21 OPEN SPACE RANDOL MILL 48 ACRE ACQUISTION SUBJECT (CD 11) Authorize the Acquisition of a Fee Simple Interest in Approximately 48.60 Acres of Land Located at 5501 Randol Mill Road, Fort Worth, Tarrant County, Texas 76112 in an Amount Up to $1,500,000.00 from TR 2908 TEX, a Protected Series of Tan Ru Enterprises, LLC. for the Open Space Conservation Program, Authorize the Payment of Closing Costs in an Amount Up to $25,000.00, Authorize Up to $25,000.00 for Pre - Acquisition Costs and Staff Time, Adopt Appropriation Ordinance, and Amend the Fiscal Years 2026-2030 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council: 1. Authorize the acquisition of a fee simple interest in approximately 48.60 acres of land located at 5501 Randol Mill Road, Fort Worth, Tarrant County, Texas 76112 in an amount up to $1,500,000.00 from TR 2908 Tex, a Protected Series of Tan Ru Enterprises LLC; 2. Authorize the payment of closing costs in an amount up to $25,000.00; 3. Authorize the expenditure of an amount up to $25,000.00 for pre -acquisition costs and staff time; 4. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the General Gas Lease Capital Project Fund by increasing estimated receipts and appropriations in the OSAcq — 5501 Randol Mill project (City Project No. 106527) in the amount of $1,550,000.00 and decreasing estimated receipts and appropriations in the Open Space Appropriations project (City Project No. PA0001) by the same amount; 5. 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; and 6. Amend the Fiscal Years 2026-2030 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to seek approval to acquire 48.60 acres of land located at 5501 Randol Mill Road, Fort Worth, Tarrant County, Texas 76112 from TR 2908 Tex, a Protected Series of Tan Ru Enterprises LLC, in accordance with the Open Space Conservation Program's mission to preserve high quality natural areas in Fort Worth. The Open Space Working Group assessed the property utilizing the Open Space Prioritization Tool online map, which identifies the property as "very high priority' for conservation based on available data as well as site visits performed by City staff. The site is situated along the Trinity River and includes an old -growth riparian tree canopy and is adjacent to Quanah Parker Park. The Open Space Conservation Program reserves the right to develop or sell for development, a small area located outside of the floodplain along Randol Mill Road for the purpose of creating opportunities for trail -oriented development, for example infrastructure for kayak rentals and/or a kayak launch, which would support the Trinity River National Water Trail. This acquisition will support Fort Worth Mayor Mattie Parker's Good Natured Greenspace Initiative goal of preserving 10,000 acres of greenspace across Fort Worth in the next five years while growing and enhancing the City's park system and also supports the Open Space Conservation Program goals. An independent appraisal established fair market value for the property, and the property owners have agreed to a negotiated amount of $1,500,000.00 for the fee simple interest in the 48.60 acres of land. 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 estimated closing costs in an amount up to $25,000.00. Funding for this acquisition will come from the Open Space Conservation Program. This M&C also authorizes funding in an amount up to $25,000.00 for pre -acquisition costs and staff costs associated with the acquisition process, including initial site investigation activities, appraisal, earnest money, staff time, Environmental Site Assessments, and other applicable costs associated with evaluating and acquiring the property. Funding for this acquisition will be provided from the General Gas Lease Capital Prj in the Open Space Conservation Program. Any unused funding upon project completion will be returned to the Open Space Appropriations Project (City Project No. PA0001). The following table demonstrates the funding for the acquisition: Activity Fund Amount Fee Simple Interest in approximately 48.60 acres 6005 — General Gas Lease Capital Prj (City Project No. PA0001) $1,500,000.00 ii ii Pre -Acquisition & Staff Charges ��33005 — General Gas Lease Capital Prj (City Project No. PA0001) $25,000.00 Estimated Closing Costs ��33005 — General Gas Lease Capital Prj (City Project No. PA0001) $25,000.00 Total: ��$1,550,000.00 This property is located in COUNCIL DISTRICT 11. FISCAL INFORMATION / 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 upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the General Gas Lease Capital Prj Fund for the OSAcq — 5501 Randol Mill project to support the approval of the above recommendations and acquisition of land. Prior to an expenditure being incurred, the Property Management Department and City Manager's Office have the responsibility of verifying the availability of funds. Submitted for Citv Manaaer's Office bv: Valerie Washington 6199 Oriainatina Business Unit Head: Marilyn Marvin 7708 Additional Information Contact: Stuart Young 8379 Expedited