Loading...
HomeMy WebLinkAboutOrdinance 17370-01-2007Ordinance No 17370-01 2007 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER CAPITAL PROJECTS FUND IN THE AMOUNT OF $159 120 FROM A WATER AND SEWER OPERATING FUND TRANSFER, FOR THE PURPOSE OF FUNDING THE ACQUISITION OF TWO PERMANENT WATER LINE EASEMENTS FROM ENGLER ACQUISITION PARTNERS LTD AND LO LAND ASSETS L.P LOCATED IN THE CITY OF KELLER FOR THE CONSTRUCTION OF WATER INFRASTRUCTURE IMPROVEMENTS ALONG US HIGHWAY 377 (DOE 5241), PROVIDING FOR A SEVERABILITY CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR 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 2006-2007 and in the Budget of the City Manager there shall also be increased estimated receipts and appropriations in the Water Capital Projects Fund in the amount of $159 120 from a Water and Sewer Operating Fund transfer for the purpose of funding the acquisition of two permanent water line easements from Engler Acquisition Partners Ltd and LO Land Assets L.P located in the City of Keller for the construction of water infrastructure improvements along US Highway 377 (DOE 5241) 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 17142 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect upon adoption APPROV AS TO FORM AND LEGALITY ----__ Assistant City ttorney ADOPTED AND EFFECTIVE January 18, 2007 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 1/18/2007 Ordinance No 17370-01 2007 DATE Thursday January 18 2007 LOG NAME 30HWY 377 REFERENCE NO *L 14276 SUBJECT Authorize the Acquisition of Two Permanent Water Line Easements from Engler Acquisition Partners Ltd and LO Land Assets L.P Located in the City of Keller for the Construction of Water Infrastructure Improvements along US Highway 377 and Authorize Appropriation Ordinance (DOE 5241) RECOMMENDATION It is recommended that the City Council 1 Authorize the transfer of $159 120 00 from the Water and Sewer Operating Fund to the Water Capital Projects Fund 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water Capital Projects Fund in the amount of $159 120 00 from available funds 3 Approve the acquisition of two permanent Water Line Easements located in -the City of Keller for the construction of water infrastructure improvements 4 Find that the price offered in the amount of $154 620 00 plus an estimated closing cost of $3 000 00 is just compensation and 5 Authorize the acceptance and recording of appropriate instruments DISCUSSION The acquisitions are required for the construction of a new 24-inch water line to replace the existing 21 inch water line located inside the current right-of-way along US Highway 377 in the City of Keller The work to be performed under the related construction contract is a result of the Texas Department of Transportations (TXDOT) plan to widen US Hwy 377 from Keller-Hicks Road to approximately 1 mile south of the Denton County Line The acquisition amounts are based on outside independent appraisals The purchase prices for the parcels described below were negotiated as follows Grantor Tvpe Legal Description Square Feet Amount Engler Acquisition PWE Portion of J J Roberts 2,794 $137,250 00 Partners, Ltd Survey Abstract No 1305 City of Keller Tarrant County Texas Document Logname• 30HWY 377 Page 1 of 2 No D205278853 LO Land Assets, LP Portion of Gustayus 686 Gilbert Survey Abstract No 1305 City of Keller Tarrant County Texas. Document No D206035783 Estimated Closing Costs $ 2 000 00 $ 17 370 00 Estimated Closing Costs: $ 1.000.00 Total $157 620 00 The property is located in COUNCIL DISTRICT 2, Mapsco 9T and 9W FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that funds are available in the current capital budget, as appropriated of the Water Capital Projects fund TO Fund/Account/Centers FROM Fund/AccountlCenters 1&2)P264 472045 602140035741 $159.620.00 3)P264 541100 602140035741 $157,620.00 2)P264 541100 602140085741 $159,120.00 1)PE45 538070 0609020 $159,120.00 Submitted for City Manager's Office bv• Marc A. Ott (8476) Originating Department Head A. Douglas Rademaker (6157) Additional Information Contact: Deanna Tate-Cody (8379) Logname 30HWY 377 Page 2 of 2