HomeMy WebLinkAboutOrdinance 13140~~ ORDINANCE NO / ~/ 7
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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and appropriations are hereby expressly repealed.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
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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
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