HomeMy WebLinkAboutOrdinance 15311- ~, t
Ordinance No `~1
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE LAKE WORTH TRUST FUND LAKE WORTH
LEASES UNSPECIFIED IN THE AMOUNT OF $17,000 FROM AVAILABLE
FUNDS FOR THE PURPOSE OF FUNDING THE PURCHASE OF ONE PARCEL
OF PROPERTY LOCATED AT 8508 MARKS LANE, LOT 11A, BLOCK 2,
LAKELAND ADDITION CITY OF FORT WORTH, TARRANT COUNTY TEXAS ,
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 2002-
2003 in the Budget of the City Manager there shall also be increased estimated receipts and
appropriations in the Lake Worth Trust Fund, Lake Worth Leases Unspecified in the amount of
$17 000 for the purpose funding the purchase of one parcel of property located at 8508 Marks
Lane Lot 11A, Block 2, Lakeland Addition, City of Fort Worth Tarrant County Texas
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 15184 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conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed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
APPRO AST RM AND LEGALITY
--_.
Assistant Attorney
ADOPTED AND EFFECTIVE. f ®~~~ ~ () ~.
City of Fort Worth, Texas
Mayor and Council Communication
DATE I REFERENCE NU
LOG
PAGE
10/29/02 **L-13436 30MARKS 1 of 2
SUBJECT APPROVE THE PURCHASE OF ONE PARCEL OF PROPERTY LOCATED AT 8508
MARKS LANE, LOT 11, BLOCK 2, LAKELAND ADDITION, CITY OF FORT WORTH,
TARRANT COUNTY, TEXAS
RECOMMENDATION
It is .recommended that the City Council
1 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$17,000 in the Lake Worth Trust Fund, Lake Worth Leases Unspecified, from available funds, and
2 Authorize the transfer of $17,000 from the Lake Worth Trust Fund, Lake Worth Leases Unspecified,
to the Lake Worth Trust Fund, Lease Reclamation,. and
3 Approve the purchase of Lot 11, Block 2, Lakeland Addition, Tarrant County, Texas for a full sale
price of $17,000, and
4 Authorize the City Manager to execute the appropriate documents to complete the purchase
DISCUSSION
The Lakeland Addition is a small residential neighborhood that is surrounded by the Fort Worth Nature
Center and Refuge property The Lakeland Addition is not served by a public water supply or a public
sewer system Water wells and septic systems are the source of utilities
Integration of this parcel is essential for the future development of the Fort Worth Nature Center and
Refuge City staff has reviewed the selling price utilizing comparables and considers it reasonable and
recommends the purchase of this parcel in the Lakeland Addition
Property Legal Description Cost
Single Family Residence Lot 11, Block 2, Lakeland Addition $15,000
,~
Closing Costs 2 000
Total $17,000
The property is located in COUNCIL DISTRICT 7, Mapsco 45F
Y
City of Fort Worth, Texas
Mayor and. Council Communication
DATE
10/29/02 REFERENCE NUMBER
**L-13436 LOG NAME
30MARKS PAGE
2 of 2
SUBJECT APPROVE THE PURCHASE OF ONE PARCEL OF PROPERTY LOCATED AT 8508
MARKS LANE, LOT 11, BLOCK 2, LAKELAND ADDITION, CITY OF FORT WORTH,
TARRANT COUNTY, TEXAS
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval and completion of the above recommendations and
adoption of the attached appropriation ordinance, funds will be available in the current capital budget,
as appropriated, of the Lake Worth Trust Fund
MO k
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
1) FE70 441012 013001901000 $17,000.00
Marc Ott 6122 1) FE70 541100 030001901000 $17,000.00
Originating Department Head: 2) FE70 441012 013001002000 $17,000.00
2) FE70 541100 030001002000 $17,000.00
Douglas Rademaker G157 (from) APPROVED 10/29/02
3) FE70 541100 030001002000 $17,000.00 ORD.# 15311
Additional Information Contact: 2) FE70 541100 030001901000 $17,000.00
2)FE70 441012 013001901000 $17,000.00
Douglas Rademaker 6157