HomeMy WebLinkAboutOrdinance 21314-07-2014 Ordinance No. 21314-07-2014
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL ASSESSMENTS FUND IN THE AMOUNT OF
$1,099,715.24, FROM AVAILABLE FUNDS TO ALLOW FOR A TRANSFER TO THE
SPECIALLY FUNDED CAPITAL PROJECTS FUND; 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 FOR"I'WORTH,
TEXAS:
SECTION 1.
That in addition to those amounts allocated to the various City departments for Fiscal Year 2013-2014 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Special Assessments Fund in the amount of$1,099,715.24, from available funds to allow for a transfer to
the Specially Funded Capital Projects Fund.
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 No. 20952-09-2013 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of said prior ordinances and appropriations are hereby expressly repealed.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: ("f FY SECRE'I AIZY
ssistant City Attorney Mary J. Ko s
A
ADOPTED AND EFFECTIVE: July 15, 2014
900 Monroe Streetj`
Council District 9
my
21 P 900 Monroe Street '1 24 ..�
yj 8I
u '
7
1 � i
4
1 e
VIII I�°� III i�G�
N, e
i
0 t i✓ f� h ' �r� y
I 9 rarrrcz
Street
'
yJ oa
y
i
' w
4 4
jm
�f, �a
Ftr
rrr %
1 rlalauf91Yg�1ry'° // �� r �
r
. ,
r, - r
City of Fort Worth, Texas
Mayor and Council Communication
N'M' IIpI011111111pllppppllppppMMMM00MNIpMMMMIIMIMpMIIOMMMIIIIIIIIIOMIMOMNNNMIIIIIl011NNI1011011MMllllllllllllllllllll IIIIIIIIIIIIIIII IIII III 010 II IIII II II II III III I I I I I
OMOMMM III 1000 00000000000IIO 00100 IOOIOIIIIIOIUOMIOOOOIIOIOIIOIIOIIOIIOIIOIIOIIOIIOOIIOIIOIIOIIIIOIIOOMIIMIIOIIOIIOIIMIIIIIIIIIIIIOIIIIOIIOIIMIIIIIIIIMIIMIMIIIIMIIIIMIIIIIIIIIIIIIIIIOONIMMNIMOONIIIIIIIIIIIIIIIIOOIIOOOIIOOMNINIMMMMMMIIIIIIIIIIIIOIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIMIMMOOOOOOOOOIIIIIIIIIIIIIIIONIOMNIOOOOOOIININIMNIOOpOMNI00001111111111111111111111111MOMMMOMIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIINIMOMOMOMONINIM00000011NI0001111110111111111111111Nlllllllll
COUNCIL ACTION: Approved on 7/15/2014 - Ordinance Nos. 21314-07-2014 & 21315-07-
2014
IIIIIIIIIIIIIIIIIIIIIIIIII INIIIMMMM'MOINMO MIIIIIIOIIIIOIIIIIINMMIIOOII�NIIIIIMMIIOOOOOOOOIIONOINININIIIIIIIOOOOOIIIOIIOOOOOOOOOIIIINIIIIIIIIIIII�MOIIOOOOOOOONIIIIININININININIMMMNININIM
DATE: Tuesday, July 15, 2014 REFERENCE NO.: L-15702
LOG NAME: 1790MONROEPU CHASE
SUBJECT:
Authorize Acquisition of Property Located at Monroe Street from onroe Street Professional Building,
Ltd., in the Amount of$3,000,000.00, plus an Amount Not to Exceed $70,000.00 for Closing Costs and
Other Expenses Associated with Acquisition of e Property, an $453,000.00 for Renovation and IT
Infrastructure to Prepare the Building for Occupancy and Adopt Appropriation Ordinances (COUNCIL
DISTRICT 9)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Assessments Fund in the amount of 1,099,715.24 from available funds;
. Authorize a transfer in the amount of$1,595,533.95 from the Special Assessments Fund to
Specially Funded Capital Projects Fund;
3. Adopt the attached appropriation ordinance 'increasing estimated receipts and appropriations in the
Specially Funded Capital Projects Fund in the amount of$2,333,250.55 from available funds;
4. Authorize the purchase of the property located at 900 Monroe Street (Gordon Swift Building) in the
amount of$3,000,000.00, plus an amount not to exceed $70,000.00 for closing costs and other expenses
associated with acquisition of property, and renovations/IT infrastructure in the amount up to
$453,000.00;
5. Authorize the acceptance of all leases and authorize the City Manager or his designee to execute all
appropriate instruments to complete the acquisition and lease assignments.
DISCUSSION:
The property located at 900 Monroe Street, which is across Monroe Street from City Hall and is adjacent
to the City Hall Annex, was recently offered for sale. In order to centralize City operations to provide more
effective and efficient City services to both internal and external customers, City Staff recommends
purchasing the property for$3,000,000.00, plus an amount for closing costs and other expenses
associated with acquisition of the property. Currently„ various City departments lease offices in the
building, as well as several existing leases with outside third parities.
Additionally, Staff recommends the appropriation of$453„000.00 to provide needed repairs, remodeling
and updates to the building and to install the necessary IT infrastructure for City use.
Log aTne: t 79OOMC}NR0F,'P JttC 1fA i Page t of 2
Purchasing this property would allow the City to move City operations in other leased property to 900
Monroe Street once those outside existing leases expire, creating additional efficiencies. More information
about the property is shown below:
....... lbi'6 sin o"s""t's—and O' th' e r "o's't's'"'f'o",-r"""Renovation/IT
Grantor Legal Purchase Expenses Associated Infrastructure
Description Price with Property
Acquisition
Monroe Lot 1, Block $453,000.00
Street 2,
Professional Hirschfield $3,000,000.00 Not To Exceed $70,000.00
Building,
Addition
Ltd.
The property is located in COUNCIL DISTRICT 9, Mapsco77A-
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that upon the approval oft above
recommendations and adoption of the attached appropriation ordinances, funds will be available in the
Specially Funded Capital Projects Fund.
FUND CENTERS:
TO Fund/Account/Centers FROM Fund/Account/Centers
1) GS94 488032 013940099050 11,099,715.24 2LQS94 5380'70 01394,0099050 $1,376,935.03
1 GS94 538070 013940099050 X1,099,715.24 29 GS94 5380'70 020940232-120 $318,748.92
2 and 3) C291 472094 171070234441 11&�683�.95 4I0;291 541250 171070234441 11270,00100
21_Q21 488322 174-770080640 112QZ 663.22 41_8221541200 ,2010'70234480 I270,000-00
3) C291 441012 174770080640 $120 553.96 4LQ291 522030 201070234480 I60. -0-000
3) C291 441012 174'7"70080674 1_9 ,349.42 4 291 100 201070234480 15�o OQ
3)_C�154�1Z50 171070234441 JI&2ti 683.95 4) C291 522030 2010-70234480 I42 000-00
3) C291 541100 174770080640 11J37.566,60 4) C291 539120 2010-70234480 76�O00 00
CERTIFICATIONS:
Submitted for Fernando Costa (6122)
Originating Department Head: Jay Chapa (5804)
Cynthia Garcia (81 7)
Additional Information Contact: Bette Chapman (6125)
...........
Lognwtie: 17900.1\%.0NR0EPtJRCHASE Page 2 of 2