HomeMy WebLinkAboutOrdinance 18669-06-2009Ordinance No 18669 -06 -2009
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE GRANTS FUND IN THE AMOUNT OF $101 000 00 FROM AVAILABLE FUNDS
FOR THE PURPOSE OF RETURNING PROCEEDS FROM THE SALE OF PROPERTY
TO THE COMMUNITY DEVELOPMENT BLOCK GRANT AS PROGRAM INCOME,
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 2008 -2009 there
shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of
$101 100 00 from available funds, for the purpose of returning proceeds from sale of property to the
Community Development Block Grant as program income
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 18283 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ordinances and appropriations are hereby expressly repealed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. June 16, 2009
City of Fort Worth, Texas
Mayor and Council Communication
DATE Tuesday June 16 2009
LOG NAME 17EVROPROPERTY
REFERENCE NO L 14791
SUBJECT
Adopt a Resolution Authorizing the Direct Sale of City -Owned Properties Located at 901 909 and 1013
Evans Avenue and 708 and 911 Rosedale Street to the Fort Worth Local Development Corporation for a
Total of $101 000 00 and Adopt Appropriation Ordinance Increasing the Estimated Receipts and
Appropriations in the Grants Fund for the Community Development Block Grant Program Income of
$101 00000
RECOMMENDATION
It is recommended that the City Council
1 Authorize the direct sale of City -owned properties located at 901 909 and 1013 Evans Avenue and 708
and 911 Rosedale Street to the Fort Worth Local Development Corporation in accordance with Section
272 001(i) of the Texas Local Government Code for a total sales price of $101 000 00
2. Authorize the City Manager or his designee to execute and record the appropriate instruments
conveying the properties to complete the sale
3 Adopt the attached resolution stating the conditions of the sale and the public purpose to be achieved
4 Authorize the acceptance of $101 000 00 in Community Development Block Grant Program Income
from the proceeds of the sale
5 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
CD Revolving Loan Fund by $101 000 00 from available funds
6 Authorize the transfer of $101 000 00 from the Revolving Loan Fund to the Grants Fund and
7 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
Grants Fund for Community Development Block Grant Program Income of $101 000 00
DISCUSSION
The City acquired the below referenced properties with Community Development Block Grant (CDBG)
funds provided by the United States Department of Housing and Urban Development for the purpose of
economic development (M &C L 12977 and M &C L 13009) The Fort Worth Local Development
Corporation (LDC) desires to purchase the properties in order to promote revitalization of the area with
commercial and residential development which will benefit citizens by creating jobs and commercial
opportunities in a blighted area in need of revitalization
Staff recommends selling the properties to the LDC for their fair market value In addition staff will collect
Logname 17EVROPROPERTY Pagel of 3
COUNCIIL ACTION
"'Approved
on 6/16/2009 Ides No 3749 06 =2009, Ord
No18669-0 6
d", 18`670''
.atw.w
DATE Tuesday June 16 2009
LOG NAME 17EVROPROPERTY
REFERENCE NO L 14791
SUBJECT
Adopt a Resolution Authorizing the Direct Sale of City -Owned Properties Located at 901 909 and 1013
Evans Avenue and 708 and 911 Rosedale Street to the Fort Worth Local Development Corporation for a
Total of $101 000 00 and Adopt Appropriation Ordinance Increasing the Estimated Receipts and
Appropriations in the Grants Fund for the Community Development Block Grant Program Income of
$101 00000
RECOMMENDATION
It is recommended that the City Council
1 Authorize the direct sale of City -owned properties located at 901 909 and 1013 Evans Avenue and 708
and 911 Rosedale Street to the Fort Worth Local Development Corporation in accordance with Section
272 001(i) of the Texas Local Government Code for a total sales price of $101 000 00
2. Authorize the City Manager or his designee to execute and record the appropriate instruments
conveying the properties to complete the sale
3 Adopt the attached resolution stating the conditions of the sale and the public purpose to be achieved
4 Authorize the acceptance of $101 000 00 in Community Development Block Grant Program Income
from the proceeds of the sale
5 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
CD Revolving Loan Fund by $101 000 00 from available funds
6 Authorize the transfer of $101 000 00 from the Revolving Loan Fund to the Grants Fund and
7 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
Grants Fund for Community Development Block Grant Program Income of $101 000 00
DISCUSSION
The City acquired the below referenced properties with Community Development Block Grant (CDBG)
funds provided by the United States Department of Housing and Urban Development for the purpose of
economic development (M &C L 12977 and M &C L 13009) The Fort Worth Local Development
Corporation (LDC) desires to purchase the properties in order to promote revitalization of the area with
commercial and residential development which will benefit citizens by creating jobs and commercial
opportunities in a blighted area in need of revitalization
Staff recommends selling the properties to the LDC for their fair market value In addition staff will collect
Logname 17EVROPROPERTY Pagel of 3
an administrative fee of $500 00 for each parcel in addition to the sale price The LDC is responsible for all
closing costs on these transactions In accordance with CDBG regulations sales proceeds must be
returned to the City in the form of CDBG Program Income
Address Legal Description
Zoning Sales Admin Total
Price Fee
MU- $26 000 00 $500 00$26 500 00
1HC
MU- $13 000 00 $500 00$13 500 00
1HC
MU- $33 000 00 $500 00$33 500 00
1HC
NS -T4R $18 000 00 $500 00$18 500 00
MU -1 $11 000 00 $500 00$11 500 00
The properties are located in COUNCIL DISTRICT 8 the Evans and Rosedale NEZ and Mapsco 77K.
FISCAL INFORMATION / CERTIFICATION
The Financial Management Services Director certifies that the Housing and Economic Development Department,
Real Property Services Division, is responsible for the collection and deposit of funds due to the City
The Financial Management Services Director certifies that upon approval of the above recommendation adoption of
the attached appropriation ordinance and receipt of proceeds funds will be available in the current operating budget,
as appropriated of the Grants Fund
FUND CENTERS
TO Fund /Account/Centers
Lots 1 and 2 McAnulty and
901 Evans Avenue
Nesbitt
Subdivision of Block 2 Evans
030023001000
South Addition
GR91
Lot 30 Block 2 McAnulty and
909 Evans Avenue
Nesbitt
Subdivision of Block 2 Evans
GR91
South Addition
1013 Evans
Portion of Lot 2 Block 4
Avenue
Evans South Addition
708 East
Lot 38 Block 5
Rosedale Street
Evans South Addition
XXX206XXX990
East 50 feet of Lots 3 and 4
911 East
Block 1
Rosedale Street
White s Subdivision of Block 6
GR76
Evans South Addition
Zoning Sales Admin Total
Price Fee
MU- $26 000 00 $500 00$26 500 00
1HC
MU- $13 000 00 $500 00$13 500 00
1HC
MU- $33 000 00 $500 00$33 500 00
1HC
NS -T4R $18 000 00 $500 00$18 500 00
MU -1 $11 000 00 $500 00$11 500 00
The properties are located in COUNCIL DISTRICT 8 the Evans and Rosedale NEZ and Mapsco 77K.
FISCAL INFORMATION / CERTIFICATION
The Financial Management Services Director certifies that the Housing and Economic Development Department,
Real Property Services Division, is responsible for the collection and deposit of funds due to the City
The Financial Management Services Director certifies that upon approval of the above recommendation adoption of
the attached appropriation ordinance and receipt of proceeds funds will be available in the current operating budget,
as appropriated of the Grants Fund
FUND CENTERS
TO Fund /Account/Centers
FROM Fund /Account/Centers
GC10
444573
030023001000
$2,500.00
GR91
444180
017206066000
$101,000.00
GR91
538040
017206066010
$101,000.00
GR76
472591
XXX206XXXXXX
$101,000.00
GR76
539120
XXX206XXX990
$101,000.00
GR91
538040
017206066010
$101,000.00
GR76
472591
XXX206XXXXXX
$101,000.00
CERTIFICATIONS
Submitted for City Manager's Office by, Tom Higgins (6192)
Originating Department Head. Jay Chapa (5804)
Cynthia Garcia (8187)
Logname• 17EVROPROPERTY Page 2 of 3
Additional Information Contact: Avis F Chaisson (6342)
Logname 17EVROPROPERTY Page 3 of 3