HomeMy WebLinkAboutOrdinance 14410Ordinance No / / ~` O
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
GENERAL FUND IN THE AMOUNT OF $620,000 FROM AVAILABLE FUNDS FOR THE PURPOSE
OF FUNDING THE PURCHASE OF APPROXIMATELY 33 ACRES IN THE NORTH FORT WORTH
TOWNSITE COMPANYS SUBDIVISION, THE UNION LAND COMPANY INDUSTRIAL ADDITION,
THE M. BAUGH SURVEY AND THE ADOLPHE GOUNAH SURVEY, MAKING THIS ORDINANCE
CUMULATNE 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 the Fiscal Year 2000-01 and in the Budget of
the City Manager, there shall also be increased estimated receipts and appropriations m the General Fund in the amount of
$620,000 from available funds for the purpose of funding the purchase of approxunately 33 acres in the North Fort Worth
Townsrte Companys Subdivision, the Union Land Company Industrial Addition, the M. Baugh Survey, and the Adolphe
Gounah Survey
SECTION 2.
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. 14286 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repealed.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 and be in full force after the date of its passage, and rt is so ordained.
APPROVED AS TO FORM AND LEGALITY
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Assi a t ity Attorney
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Da e
Adopted
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Effective
Ordinance No
City of Fort Worth, Texas
~I~A~Or And C,aunc~l C0111111un1CAfi1On
ATE REFERENCE NUMBER LOG NAME PAGE
11 /14/00 G-13075 020PTION 1 of 2
SUBJECT AUTHORIZATION OF ASSIGNMENT OF OPTION AND PURCHASE OF 33 ACRES,
MORE OR LESS, SITUATED IN THE NORTH FORT WORTH TOWNSITE COMPANYS
SUBDIVISION, THE UNION LAND COMPANY INDUSTRIAL ADDITION, THE
INDUSTRIAL ADDITION AND PORTIONS OF THE FELIX G MULIKINS SURVEY, THE
M BAUGH SURVEY AND THE ADOLPHE GOUNAH SURVEY
RECOMMENDATION
It is recommended that the City Council
1 Adopt the attached supplemental appropriation ordinance increasing the appropriations and
estimated receipts in the General Fund by $620,000 00 from available funds, and
2. Transfer $620,000 00 from the General Fund/Non-Departmental to the Specially Funded Capital
Projects Fund, and
3 Adopt the attached appropriation ordinance increasing the appropriations and estimated receipts in
the Specially Funded Capital Projects Fund by $620,000 00, and
4 Approve the assignment of an option to purchase 33 acres, more or less, in the North Fort Worth
i Townsite Companys Subdivision, the Union Land Company Industrial Addition, the Industrial
Addition and portions of the Felix G Mulikins Survey, the M Baugh Survey and the Adolphe
Gounah Survey; and
5 Authorize the City Manager to execute all necessary documents to purchase approximately 33
acres in the North Fort Worth Townsite Companys Subdivision, the Union Land Company Industrial
Addition, the Industrial Addition and portions of the Felix G Mulikins Survey, the M Baugh Survey
and the Adolphe Gounah Survey from Cytec Industries, Inc. for $620,000 00
s
DISCUSSION
City staff recommends that the City Council authorize the purchase of approximately 33 acres in the
North Fort Worth Townsite Companys Subdivision, the Union Land Company Industrial Addition, the
Industrial Addition and portions of the Felix G Mulikins Survey, the M Baugh Survey and the Adolphe
Gounah Survey for economic development.
City of Fort Worth, Texas
~1-~Ayar And Caunc~l Can~mun~cAt~an
DATE REFERENCE NUMBER LOG NAME PAGE
11/14/00 G-13075 020PTION 2 of 2
SUBJECT AUTHORIZATION OF ASSIGNMENT OF OPTION AND PURCHASE OF 33 ACRES,
MORE OR LESS, SITUATED IN THE NORTH FORT WORTH TOWNSITE COMPANYS
SUBDIVISION, THE UNION LAND COMPANY INDUSTRIAL ADDITION, THE
INDUSTRIAL ADDITION AND PORTIONS OF THE FELIX G MULIKINS SURVEY, THE
M BAUGH SURVEY AND THE ADOLPHE GOUNAH SURVEY
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon adoption of the attached appropriation ordinances, funds will be
available in the current capital budget, as appropriated, of the Specially Funded Capital Projects Fund
MG•k
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to) ~~~~Q~~®
1) GG01 481306 0905500 $620,000.00 ~ ~~ ~
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Mike Groomer 6140 1) GG01 538070 0905500 $620,000.00 8 ~..~ 3
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1
Originating Department Head: 3) GC35 541100 002012001000 $620,000.00 N OV 14
2&3) GC35
472001
002012001000
$620,000.00 2000
Mike Groomer 6140 (from) ~ ;
2) GG01 538070 0905500 $620,000 00 ~"~ r~'~~
Additional Information Contact: 5) GC35 541000 002012001000 $620
000
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