HomeMy WebLinkAboutOrdinance 17271-11-2006Ordinance No 17271 11 2006
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE FUTURE IMPROVEMENTS PROJECTS OF THE
SPECIAL ASSESSMENTS FUND IN THE AMOUNT OF $148 400 FROM PRIOR
DEVELOPER CONTRIBUTIONS FOR THE PURPOSE OF FUNDING A
TRANSFER TO THE STREET IMPROVEMENTS FUND TO EXECUTE A
COMMUNITY FACILITIES AGREEMENT WITH GOLDEN TRIANGLE RETAIL
PARTNERS LIMITED FOR THE INSTALLATION NOF A PORTION OF NORTH
BEACH STREET BETWEEN GOLDEN TRIANGLE BOULEVARD AND
HERITAGE TRACE PARKWAY PROVIDING FOR A SEVERABILITY CLAUSE,
MAKING THIS ORDINANCE CUMULATIVE OF 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 in the Budget of the City Manager there shall also be increased estimated receipts and
appropriations in the Future Improvements Projects of the Special Assessments Fund in the
amount of $148 400 from prior developer contributions for the purpose of funding a transfer to the
Street Improvements Fund to execute a Community Facilities Agreement with Golden Triangle
Retail Partners, Limited for the installation of a portion of North Beach Street between Golden
Triangle Boulevard and Heritage Trace Parkway
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 hereby expressly repealed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
ADOPTED AND EFFECTIVE. November 7, 2006
This ordinance shall take effect upon adoption.
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION Approved As Amended on 11/7/2006 Ordinance No 17271 11 2006 ~
17272 11 2006
CONTINUED FROM A PREVIOUS WEEK
DATE Tuesday October 24 2006
LOG NAME 20BEACHGAP
REFERENCE NO C-21797
SUBJECT
Authorize Execution of a Community Facilities Agreement with Golden Triangle Retail Partners
Limited for the Installation of Community Facilities to Serve Various Developments in the Vicinity of
North Beach Street between Golden Triangle Boulevard and Heritage Trace Parkway and Adopt
Appropriation Ordinances
RECOMMENDATION
It is recommended that the City Council
1 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
Special Assessments Fund in the amount of $148 400 00 from prior developer contributions,
2. Authorize the transfer of $148 400 00 from the Special Assessments Fund to the Street
improvements Fund
3 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
Street Improvements Fund in the amount of $148 400 00 from developer contributions, and
4 Authorize the City Manager to execute a Cormunity Facilities Agreement (CFA) with Golden Triangle
Retail Partners, Limited in the amount of $188 400 00 for the installation of a portion of North Beach Street
between Golden Triangle Boulevard and Heritage Trace Parkway
DISCUSSION
North Beach Street is currently constructed as a rural two-lane asphalt roadway north of Heritage Trace
Parkway to Alta Vista Road where it terminates entirely Approximately 800' north of the terminus of the
asphalt road North Beach Street continues as a four-lane concrete arterial to Golden Triangle Boulevard
In order to improve traffic operations and site access in the vicinity of the gap a group of business owners
has without any obligation to do so executed a proposed contract for the installation of a two-lane
concrete roadway through the western half of the existing gap
Heritage Addition Phase 2E borders North Beach Street from Heritage Trace Parkway north 1500 feet,
including a portion of the Beach Street Gap The developer of Heritage Addition contributed $188 422 50
through a CFA for future improvements to North Beach Street adjacent to his development. The estimated
cost of the gap construction adjacent to Heritage Addition is $148 400 00 The remaining $40 022 50 in
future improvement funds collected through the Heritage Addition CFA will be held in escrow for
improvements that are adjacent to the development.
After having pooled their resources with the future improvement funds from the Heritage Addition
Logname 20BEACHGAP Page 1 of 2
development, Golden Triangle Retail Partners, Ltd has identified a remaining funding shortfall of
approximately $40 000 00 Due to the significant benefit to the community represented by the project, staff
recommends that the shortfall be funded through the remaining 1998 CIP program City-wide unspecified
funds for new development.
The estimated costs of community facilities for the Beach Street Gap are as follows.
Infrastructure Category Developer Cost Ci Cost Total Cost
Paving $64 146.20 $112,704.25 $176 850 45
Storm Drain $28 189 00 $51 115 00 $79 304 00
Lights $3,200 00 $12,800 00 $16 000 00
Construction Engineering and Management by DOE (4%) $3 693 41 $6 552.77 $10,246 18
Materials Testing by DOE (2%) $1 846 70 $3,276 39 $5 123 09
Miscellaneous $0 00 $1 951 59 $1 951 59
Totals $101 075 31 $188 400 00 $289 475 31
This project is located in COUNCIL DISTRICT 2.
AMENDMENT. To authorize the construction of the driveway approach and apron and street
connection from the newly constructed two-lane portion of North Beach Street to the entrance of
the Fellowship of the Parks Church located at 9900 N Beach St., Keller TX.
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval of the above recommendations and adoption of attached
appropriation ordinances, funds will be available in the current capital budget, as appropriated of the
Special Assessments Fund and the Street Improvements Fund
TO Fund/Account/Centers FROM Fund/AccountlCenters
1~ GS94 488100 020941369010 $148,400.00 2.) GS94 541200 020941369010 $148,400.00
1.) GS94 541200 020941369010 $148.400.00 ~ C115 541200 020115136801 $12,800.00
2&3.) C115 488100 020115136509 $148.400.00 4.) C115 541200 020115136509 $165,770.84
3.) C115 541200 020115136509 $148,400.00 4.) C115 531350 030115095223 6 552.77
4.) C115 531200 020115136509 3 276.39
Submitted for City Manager's Office b~ Marc Ott (8476)
Originating Department Head. Robert Goode (7804)
Additional Information Contact: Katherine Beck (7918)
Logname 20BEACHGAP Page 2 of 2