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HomeMy WebLinkAboutOrdinance 21597-01-2015 Ordinance No. 21597-01-2015 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GENERAL FUND IN THE AMOUNT OF$2,448.00; FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING UTILITY AND JANITORIAL COSTS ASSOCIATED WITH THE LEASE WITH THE FORT WORTH CITY CREDIT UNION AT THE PUBLIC SAFETY TRAINING CENTER; 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 2014-2015 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the General Fund in the amount of $2,448.00 from available funds, for the purpose of funding utility and janitorial costs associated with lease with the Fort Worth City Credit Union at the Public Safety Training Center. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance No. 214,157-09-2014 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: CITY SECRETARY JA i` ssistant City A orney T, Klary J. Ka , ADOPTED AND EFFECTIVE: January 6, 2015 • • 0 • • • rn m I-TT rt r'y-s a e A'�WB C7yGF'.AV�@"�'•+:I., �� •F+� �.����� + ., W,S p u rg a[►n S t�-•,-!.i� -'� � ` '" �" M, I* E;Spury �rn;St�; ' +Wv l�Xtr�i t'. `f �• - • ,f � m o �F u l l�r 1.4vc - ' _, � F s. I(xSt ` y iL Mai linfLydon Ave dM +.s f$t$$1.+7v Oa 4 X476 WL CL `5tiaiizndale�St.. 4 A. ti ■ ar City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 1/6/2015 - Ordinance No. 21597-01-2015 DATE: Tuesday, January 06, 2015 REFERENCE NO.: **G-18383 LOG NAME: 06FWCCU LEASE SUBJECT: Authorize Execution of a Ten Year Lease for 816 Square Feet of Office Space at the Public Safety Training Center Located at 505 West Felix with the Fort Worth City Credit Union for Purposes of a Satellite Banking Operation and Adopt Appropriation Ordinance (COUNCIL DISTRICT 9) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the execution of a 10-year lease for 816 square feet of office space at the Public Safety Training Center located at 505 West Felix with the Fort Worth City Credit Union for purposes of a satellite banking operation for a lease amount of$127,002.71 for the first year, which includes $124,554.71 for the costs of tenant improvements and $2,448.00 for annual utility/janitorial costs; and $2,448.00 for years 2 through 10 for the lease for annual utility/janitorial costs; and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Fund in the amount of$2,448.00. DISCUSSION: The City has been approached by the Fort Worth City Credit Union (FWCCU) to lease 816 square feet of office space on the first floor of the new Police and Fire Training Center located at 505 West Felix for the purpose of providing a satellite banking operation at that location. Staff has met with FWCCU representatives and is recommending the approval of a lease with the following terms: • 10 year lease term for 816 square feet of space inside the new Public Safety Training Center Administration Headquarters; • Rent- $127,002.71 for the first year, which includes $124,554.71 for the costs of tenant improvements and $2,448.00 for annual utility/janitorial costs and $2,448.00 for years 2 through 10 for annual utility/janitorial costs; The effective rent is $18.26 square feet; • Shared parking in the adjacent parking lot; • The City will perform all upkeep and maintenance at its sole discretion and at the same schedule as provided to the rest of the building; • The FWCCU will pay all taxes, general and special assessments, and other charges of any kind levied on or against the premises because of the Lessee's use; • The City will provide utility services, except for phone and internet services, during regular business hours (8:00 a.m. to 5:00 p.m.); and • The Lessee shall at all times maintain a Commercial General Liability Policy of insurance with limits not less than $1,000,000.00 per occurrence, combine single limit for bodily injury or death and property damage, $2,000,000.00 aggregate. Logname: 06FWCCU LEASE Page 1 of 2 A future appropriation Mayor and Council Communication will be needed to appropriate the capital funds to complete the tenant improvements. This project is located in COUNCIL DISTRICT 9. FISCAL INFORMATION /CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendation the Housing and Economic Development Department will be responsible for collection of funds due to the City under this Lease. Upon receipt of these funds $124,554.71 will be deposited into Public Safety Training Facility Fund, Revenue from Lease/Rentals; and $2,448.00 will be deposited into the General Fund-Police Department, Revenue from Lease/Rentals which has no estimated revenue for Fiscal Year 2015 and no year-to-date receipts. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Accouint/Centers GG01 442320 0351000 $2,448.00 C236 44222 061070198780 $124,554.71 CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Randle Harwood (6101) Additional Information Contact: Doug Rademaker (6571) Logname: 06FWCCU LEASE Page 2 of 2