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HomeMy WebLinkAbout28287-01-2026 - City Council - OrdinanceOrdinance No.28287-01-2026 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AVIATION GAS LEASE CAPITAL PROJECTS FUND IN THE AMOUNT OF $1,463,894.00, FROM AVAILABLE INTEREST EARNINGS WITHIN THE UNSPECIFIED - ALL FUNDS PROJECT, FOR THE PURPOSE OF FUNDING THE FORT WORTH SPINKS LAND ACQUISITION PROJECT (CITY PROJECT NO. 105791); 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 increased estimated receipts and appropriations in the Aviation Gas Lease Capital Projects Fund in the amount of $1,463,894.00, from available Interest Earnings within the Unspecified - All Funds project, for the purpose of funding the Fort Worth Spinks Land Acquisition project (City Project No. 105791). 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 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 EFFECTIVEJanuary 27, 2026 CITY SECRETARY Jannette S. Goodall City Secretary p4 0 C c, vvvo �, 7*v MAYOR AND COUNCIL COMMUNICATION MAP Council District 8 CPN# 105791 Parcel 2 Fort Worth Spinks Land Acquisition Project - North Side u V. n � � pp Ty � !ti. � S r.� •I i l� . ij r. 4 Premises: pproAmately 2.4199 Acre Jn x .. agyr � a t 141 Nr Ronald J Price Revocable Trust 590 East Rendon Crowley Road Pipeline N Fort Worth, Tarrant County, Texas I I 0 40 80 Feet Copyright ® 2025 City of Fort Worth. Unauthorized reproduction is a violation of applicable laws. This data is to be used for graphical representation only. The r�♦/ FOIl� 1 �* rO��� accuracy is not to be takenlused 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. General Location City of Fort Worth, Texas Mayor and Council Communication DATE: 01/27/26 M&C FILE NUMBER: M&C 26-0075 LOG NAME: 21105791 P2 FWS LAND ACQUISITION SUBJECT (CD 8) Authorize Acquisition of a Fee Simple Interest in Approximately 2.4199 Acres of Land Located at 590 East Rendon Crowley Road, Fort Worth, Tarrant County, Texas from the Ronald J Price Revocable Trust in the Amount of $1,600,000.00 and Pay Estimated Closing Costs in an Amount Up to $30,000.00 for the Fort Worth Spinks Land Acquisition Project, 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 2.4199 acres of land located at 590 East Rendon Crowley Road, Fort Worth, Tarrant County, Texas from the Ronald J Price Revocable Trust in the amount of $1,600,000.00 and pay estimated closing costs in an amount up to $30,000.00 for the Fort Worth Spinks Land Acquisition project (City Project No. 105791); 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Aviation Gas Lease Capital Projects Fund in the amount of $1,463,894.00, from available Interest Earnings within the Unspecified - All Funds project, for the purpose of funding the Fort Worth Spinks Land Acquisition project (City Project No. 105791); 3. Amend the Fiscal Years 2026-2030 Capital Improvement Program; and 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. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to seek approval to acquire land located at 590 East Rendon Crowley Road for the Aviation Department in accordance with the Texas Department of Transportation (TxDOT) land acquisition requirements. This M&C recommends that the City Council adopt appropriation ordinance increasing estimated receipts and appropriations in the Aviation Gas Lease Capital Projects Fund in the amount of $1,463,894.00, from available Interest Earnings within the Unspecified - All Funds project, for the Fort Worth Spinks Land Acquisition project (Project). Acquiring this property will support the planned future runway extension outlined in the Fiscal Year (FY) 2024 adopted Master Plan for Spinks Airport (Master Plan), underscoring the parcel's strategic value and its role in promoting long-term growth and operational effectiveness. Developed through extensive community engagement and feedback, the Master Plan is designed to meet anticipated increases in aviation demand over the next twenty years. Purchasing this property advances key objectives of sustaining efficient airport operations, improving safety, and positioning the airport for future development. Overall, the Master Plan anticipates Fort Worth Spinks Airport will become an even more important asset to the Dallas —Fort Worth Metroplex, by being able to respond to changing aviation needs while supporting the region's economic expansion. The Ronald J Price Revocable Trust (Seller) has agreed to sell the property for a total purchase price of $1,600,000.00. The purchase price is supported by an independent appraisal. The mineral estate will not be acquired, and the deed will contain a surface use 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 closing costs in an amount up to $30,000.00. 11105791 FWS LAND ACQUISITION IIACQUISITION EXPENSE II 11590 E Rendon Crowley Rd - Sales Price 1 $1,600,000.001 `lEstimated Closing Costs $30,000.00 Total —� $1,630,000.0011 All 2.4199 acres will be maintained by the Aviation Department. This acquisition is estimated to increase the department's acreage by 2.4199 acres. Funding is available for appropriation in the Unspecified — All Funds project within the Aviation Gas Lease Capital Projects Fund for the purpose of funding the Project. This property is located in COUNCIL DISTRICT 8. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are currently available in the Unspecified — All Funds project within the Aviation Gas Lease Cap Proj Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the Aviation Gas Lease Cap Proj Fund for the FWS Land Acquisition project. Prior to an expenditure being incurred, the Property Management and Aviation Departments 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 Roger Venables 6334 Additional Information Contact: Austin Street 6328 Barbara Goodwin 5415