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HomeMy WebLinkAboutOrdinance 12518~; ORDINANCE NO ~/ p AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER COMMERCIAL PAPER PROJECTS FUND TiV THE AMOUNT OF $18,985.48 AND THE SEWER COMMERCIAL PAPER PROJECTS FUND IN THE AMOUNT OF $30,942.07 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING IMPACT FEES, 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 1995/96 and in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Water Commercial Paper Project Fund in the amount of $18,985 48 and Sewer Commercial Paper Project Fund in the amount of $30,942.07 from available funds for the purpose of funding impact fees. SECTION 2. Should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance No. 12074 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect and be in full force and effect from and after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY ~/ Assistan Attorney J ~i ~ ~9~ Date ~~ ~~- ~ Adopted Effective City of Fort Worth, Texas Mayor and Council Communication DATL RBFER$NCF3 LOG NAML PAGE 05/14/96 NuMS$R **L-11731 30SPEED 1 of 3 3USJ~CT APPROPRIATION ORDINANCE AND ACQUISITION OF A PERMANENT AND TEMPORARY CONSTRUCTION EASEMENT AND APPROVAL OF A CONTRACT FOR EASEMENTS FOR CONSTRUCTION OF A 24" WATER LINE AND SANITARY SEWER LINE TO SERVE TEXAS MOTOR SPEEDWAY AND SURROUNDING DEVELOPMENT RECOMMENDATION It is recommended that the City Council 1 Approve the acquisition of a permanent easement and a temporary construction easement for construction and maintenance of a 24" waterline and a sanitary sewer line to serve the proposed Texas Motor Speedway and surrounding development, and 2 Authorize the transfer of $49,927 55 from the Water and Sewer Operating Fund to the Commercial Paper Project Fund in the amount of 518,985 48 and Sewer Commercial Paper Project Fund in the amount of 530,942 07, and 3 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water Commercial Paper Projects Fund in the amount of 518,985 48 and the Sewer Commercial Paper Projects Fund in the amount of 530,942 07 from available funds, and 4 Find that 510,010 and other consideration is just compensation for both easements (See Discussion -Contract For Easements), and 5 As other consideration, authorize the payment of Impact Fees in the amount of 518,985 48 for Water and 530,942 07 for sewer, and 6 Authorize the acceptance and recording of the appropriate instruments, and 7 Authorize execution of a contract for easements with Roanoke Ranch and Investment Company DISCUSSION The easements are required for the construction and maintenance of a 24" water line and a sanitary sewer line to serve the proposed Texas Motor Speedway, Denton County, Texas and surrounding developments and are more fully described as follows Printed on Bagdad Paper City of Fort Worth, Texas Mayor and Council Communication LOG NAME PAGE NUn~ER **L-11731 I I 05/14/96 30SPEED 2 of 3 SUBJECT APPROPRIATION ORDINANCE AND ACQUISITION OF A PERMANENT AND TEMPORARY CONSTRUCTION EASEMENT AND APPROVAL OF A CONTRACT FOR EASEMENTS FOR CONSTRUCTION OF A 24" WATER LINE AND SANITARY SEWER LINE TO SERVE TEXAS MOTOR SPEEDWAY AND SURROUNDING DEVELOPMENT Grantor ape Legal Desc. - Area So. Ft. Amount Roanoke Ranch and Investment Co , a Texas General Partnership Roanoke Ranch and Investment Co , a Texas General Partnership PE Part of G W Shamblin Sur , A-1191, Denton Co , Tx and part of Jesse Daniels Sur , A-349, Denton Co , Tx Vol 2699, P 979 TCE Part of G W :Shamblin $ur , A-1191, Denton Co , Tx and part of Jesse Daniels Sur , A-349, Denton Co , Tx Vol 2699, P 979 141,470 0 S 10 00 137,343 0 $10,000 00 An independent fair market value appraisal of easement rights has been obtained on this property This property is located in Denton County, Mapsco P 643 X, T, J CONTRACT FOR EASEMENTS 1 Roanoke Ranch and Investment Company agrees to convey easement to City of Fort Worth for installation of water and sanitary sewer facilities 2 City of Fort Worth grants to Roanoke Ranch and Investment Company right to obtain an 8" equivalent water meter, whereby water and sewer impact fees shall be paid, on behalf of the owner, by the City of Fort Worth Water Department, as other consideration for conveyance of the easement, provided that property to be served is located within corporate limits of City of Fort Worth 3 Roanoke Ranch and Investment Company agrees to convey a Temporary Construction Easement to City of Fort Worth for sum of $10,010 Printed on Recyded Paper City of Fort Worth, Texas Mayor and Council Communication DATE 05/14/96 RSFSRENCE NUMBER **L-11731 LOG NAME 30SPEED PAGE 3 of 3 SUBJECT APPROPRIATION ORDINANCE AND ACQUISITION OF A PERMANENT AND TEMPORARY CONSTRUCTION EASEMENT AND APPROVAL OF A CONTRACT FOR EASEMENTS FOR CONSTRUCTION OF A 24" WATER LINE AND SANITARY SEWER LINE TO SERVE TEXAS MOTOR SPEEDWAY AND SURROUNDING DEVELOPMENT FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that funds required for this acquisition are available in the current budget, as appropriated, of the Commercial Paper Water Fund and the Commercial Paper Sewer Fund MG a ubmitte or City Managers F[JND ACCOUNT ENTER AMOUNT ITY SECRETARY Office by: (to) 7 APPROVED Mike Groomer 6140 ( ITY COUNCIL Originating Department Head: (3) PW77 541100 060770151680 18,985 48 C (3) PS46 541100 070460131560 30,942.07 1996 A. Douglas Rademaker 6157 from NiAY 14 (2) PE45 538070 0609020 18,985 48 (2) PE45 538070 0709020 30,942.07 /I~ ' _ t ~~~1~{,~ (4) PW77. 541100 030770151680 5,005. gyp: W ~ or bona ormation 7 0 pt p'ptt~VOrt~~ C~y Contact: (5) PW77 541100 060770151680 18,985 48 A. Douglas Rademaker 6157 (5) PS46 541100 070460131560 30,942.07 Printed on Recyded Paper Adopted OrdEnance No,