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HomeMy WebLinkAboutOrdinance 13140~~ ORDINANCE NO / ~/ 7 -° AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS BY $296,512 IN THE SPECIAL ASSESSMENTS FUND AND IN THE NEW DEVELOPMENT FUND FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING A COMMUNITY FACILITIES AGREEMENT WITH F J.M. PROPERTIES, L.L.C. OF WICHITA, KANSAS FOR THE INSTALLATION OF COMMUNITY FACILITIES -RIVERSIDE DRIVE AT SUMIVIERFIELDS, 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 1996/97 and in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations by $29b,512 in the Special Assessments Fund and in the New Development Fund from available funds for the purpose of funding a community facilities agreement with F J.M. Properties, L.L.C. of Wichita, Kansas for the Installation of Community Facilities-Riverside Drive at Summerfields. 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, ox 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. 12629 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Ci Attorney ~~~ ~ Date Adopted 7S ' ~.~-' Effective ,. RIVERSIDE DRIVE AT SUMMERFIELDS FELLER INDEPENDENT SCHOOL SITE SUMMERFIELD ADDITION LOT 1, BLOCIE 175 v R ° R A- _ C _ F ¢ .. R R.. R - R - R c x ~ - - ~ x. _ R R A R;: - _ _ - z - - R _ R q _ _ ~ _ - p - - ~' R _ _ _ A _ MR R R. - ead/ R R x R R _ ~ R - R R - & _ - A d~ _ F 'ai R _ R a - - - .~a .: a R - _ = - R R _ x a - - - R R _ R~ F R. A R R.. RJ R R~ R R A i R R _ R _ City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 08/26/97 r_~ (,25(, 20FJM 1 of 3 svBJECT ADOPTION OF APPROPRIATION ORDINANCES AND COMMUNITY FACILITIES AGREEMENT WITH F J M PROPERTIES, L L C OF WICHITA, KANSAS FOR THE INSTALLATION OF COMMUNITY FACILITIES-RIVERSIDE DRIVE AT SUMMERFIELDS, _ BOULEVARD RECOMMENDATION It is recommended that the City Council 1 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $296,512 in the Special Assessments Fund and in the New Development Fund from available funds, and 2 Authorize the transfer of 5296,512 from the Special Assessment Fund to the New Development Fund, and 3 Authorize the City Manager to execute a Community Facilities Agreement with the developer, F J M Properties, L L C of Wichita, Kansas for the installation of community facilities for Riverside Drive at Summerfields Boulevard DISCUSSION F J M Properties, L L C of Wichita, Kansas, the developer of Riverside Drive at Summerfields Boulevard has executed a pr-oposed contract for community facilities to construct North Riverside Drive from Chattybrook to the intersection of Summerfields Boulevard and from Cannonwood westward to the intersection of future North Riverside Drive Both sections of the roadway will consist of half of a double 26' wide roadway of a future double 36' wide arterial grade roadway with left turn lanes and median openings at approved locations along with all necessary storm drainage systems to properly drain the street This development is located in COUNCIL DISTRICT 4 This agreement is necessary to provide access to a new elementary school site which is to abut the improvements proposed on Riverside Drive This school is scheduled to be completed next summer This Community Facilities Agreement was negotiated between the Developer and the City Financing for this project will be partly in the form of cash deposit for 587,873 for water utilities and 5337,127 for street construction The remaining balance will be financed from City Development Funds, secured in the form of a Mechanic's Lien in lieu of a Developer's Bond Primed on Recyded Paper City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUN'lBER LOG NAME PAGE 08/26/97 C-16256 20FJM 2 of 3 SUBJECT ADOPTION OF APPROPRIATION ORDINANCES AND COMMUNITY FACILITIES AGREEMENT WITH F J M PROPERTIES, .L L C OF WICHITA, KANSAS FOR THE INSTALLATION OF COMMUNITY FACILITIES-RIVERSIDE DRIVE AT SUMMERFIELDS, BOULEVARD TABLE 1 ESTIMATED COSTS Project Cost Developer City Total Water $65,300 5-0- 565,300 Sewer 20,850 4,350 25,200 Construction Inspection fee 1,723* 87 1,810 Street Improvements Construction 394,709 93,064 487,773 Engineering fee 23,683 5,584 29,267 Engr Inspection/Admin fee 7,894* 1,861 9,755 Storm Drain Improvements Construction 122,735 80,430 203,165 Engineering fee 7,364 4,823 12,187 Engr Inspection/Admin fee 2,455 * 1,609 4,064 Street Lights 50,820 -0- 50,820 Street Name Signs 160 -0- 160 Assessment Admin 1,952 -0- 1,952 Special Service 21,867 10,381 32,248 Total 5721,512 5202,189 5923,701 *2% Inspection Fee PLAN COMMISSION APPROVAL Riverside Drive and Summerfields Boulevard (major arterials) were approved by the City Council on May 29, 1990, as part of the Master Thoroughfare Plan (MTP) >~ Printed nn Recyded Paper City of Fort Worth, Texas Mayor and Council Communication DATE 08/26/97 REFERENCE NUNffiER C-16256 LOG NAME 20FJM PAGE 3 of 3 susJECT ADOPTION OF APPROPRIATION ORDINANCES AND COMMUNITY FACILITIES AGREEMENT WITH F J M PROPERTIES, L L C OF WICHITA, KANSAS FOR THE INSTALLATION OF COMMUNITY FACILITIES-RIVERSIDE DRIVE AT SUMMERFIELDS, BOULEVARD FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services 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 New Development Fund and Commercial Paper -Sewer Fund MGf u mate or ity anager s Office by: (to) (1) S 1 5 0 0940099 5 296,5 ( ) G 94 53 70 02 940 99 5 9 1 0 P~~i,~ Mike Groomer 6140 : ~~~~ ~ CC r ~ Originating Department Head: (1) C113 472094 020113136250 296,512.0 ~ ~ (d ~~~ (1) Cll 541 0 020113136250 296,51. Hugo A. Malanga 7800 (om) mac? ,`~~ ~,,, (3) C113 541200 020113136250 389,576.0 "`"~.°.~1 ~ • , ~ (3) C113 531200 020113136250 20,788. , ~y ~.,u,g~r;,,y - .., - g ~ ~'~ } or 'tao ormation (3) C11 511010 02011309511 3,470.0 . r ,~gL ~'s4 =-" ~'~~-° u ~-`' Contact: () .~ Hugo A. Malanga 7800 ~s n! ~~ Printed on Recyded Paper A(~i7p!(?~ ~`I~~'1~~i4G ~ tv~