HomeMy WebLinkAboutOrdinance 14026ORDINANCE NO .~~ ~J
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIALLY FUNDED CAPITAL PROJECTS FUND
BY $310,000 FROM AVAILABLE. FUNDS FOR THE PURPOSE OF FUNDING
THE PURCHASE OF 6.86 ACRES ADJACENT TO CITY-OWNED PROPERTY
LOCATED AT THE SOUTHEAST SERVICE CENTER, 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 the Fiscal Year 1999/00 and in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Specially Funded Capital Projects Fund by $310,000 from available funds for the purpose of funding the purchase
of 6 86 acres adjacent to city-owned property located at the Southeast Service Center
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. 13886 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and appropriations are hereby expressly repealed.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 and effect from and after the date of its passage, and it is so
ordained.
APPROVED AS TO FORM AND LEGALITY
~..
Assistant City Attorney
i,.//6/~i'~11
Date
Adopted
i~-i~-~~
Effective
City of Fort Worth, Texas
n-~Ayar And Caunc~l C,ammun~cAt~an
DATE REFERENCE NUMBER LOG NAME. PAGE
12/14/99 L-12683 30SE 1 of 2
SUBJECT AUTHORIZE THE PURCHASE OF 6.86 ACRES ADJACENT TO CITY-OWNED
PROPERTY LOCATED AT THE SOUTHEAST SERVICE CENTER
RECOMMENDATION
It is recommended that the City Council
1 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Capital Projects Reserve Fund by $310,000 from available funds, and
2. Authorize the transfer of $310,000 from the Capital Projects Reserve Fund to the Specially Funded
Capital Projects Fund for the purchase of 6 86 acres adjacent to City-owned property located at the
Southeast Service Center; and
3 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Specially Funded Capital Projects Fund by $310,000 from available funds; and
4 Approve the purchase of the property described below for a total of $310,000; and
5 Authorize the City Manager to execute the appropriate deeds and closing documents, and allow
Real Property Management to file the deed in the City's name.
DISCUSSION
Real Property Management was notified of property for sale at 5700 Martin Luther King Freeway, which
adjoins the City's Southeast Service Center It is anticipated that with the continued development of the
Will Rogers Memorial Center and the Cultural District, and the planned redevelopment of the Lancaster
Corridor, that the Harley Street Service Center and the Downtown Service Center may have to be
relocated.
Currently, vehicle maintenance facilities, refueling facilities, Street Services operations, and Building
Services operations are located at the Harley Street and Downtown Service Centers. Acquisition of this
undeveloped property adjacent to the Southeast Service Center combined with the property which
currently comprises the Southeast Service Center, will make it possible in the future to relocate and
consolidate operations there from the other service centers. In the event that the City does not need
the property, it could be combined with property that the City owns and sold for private development.
Real Property Management entered into negotiations for the property, and has agreed on a price of
$298,950 with the seller The City will pay closing costs and furnish the survey from in-house staff
City of Fort Worth, Texas
M,'Ayar And Council CammanicAtian
DATE REFERENCE NUMBER LOG NAME PAGE
12/14/99 L-12683 30SE 2 of 2
SUBJECT AUTHORIZE THE PURCHASE OF 6 86 ACRES ADJACENT TO CITY-OWNED
PROPERTY LOCATED AT THE SOUTHEAST SERVICE CENTER
The estimated breakdown of costs are:
Purchase price $298,950 00
Closing costs, title policy (estimated) $ 2,500 00
Survey cost $ 6,550 00
Administrative fee $ 2.000.00
ESTIMATED TOTAL $310,000 00
Capital Projects Reserve Fund (CPRF) -From time to time, the City Council authorizes the transfer of
funds from the Capital Projects Reserve Fund to the Specially Funded Capital Projects Fund to finance
various capital projects. While there are still active capital projects in the Specially Funded Capital
Projects Fund, some projects have been completed with remaining balances. Some of the projects
include improvements to the Bolt Street Service Center, miscellaneous ADA projects, etc.
Recently, these completed project accounts were closed, and the remaining funds in the amount of
$468,254 were administratively returned to the Capital Projects Reserve Fund The previous balance
of $642,445 has now increased to $1,110,699
Due to these additional funds, $310,000 is available in the CPRF for purchase of land, subject to City
Council approval If approved, the cash balance would be $800,699
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval of the above recommendations and adoption of the
attached appropriation ordinance, funds will be available in the current capital budget, as appropriated,
of the Specially Funded Capital Projects Fund Upon completion of this recommendation, the cash
balance in the Capital Projects Reserve Fund will be $800,699
MG:k
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
1) GC10 538070 013010001000 $310,000.00
Mike Groomer G140 1)GC10 472010 013010001000 $310,000.00
Originating Department Head: 2,3) GC35 472010 021021001000 $310,000.00
3) GC35 541100 021021001000 $310,000.00
A. Douglas Rademaker 6157 (from)
2) GC10 538070 013010001000 $310,000.00
Additional Information Contact: 4) GC35 541100 021021001000 $310,000.00
A. Douglas Rademaker 6157
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