HomeMy WebLinkAboutOrdinance 12830~ ~'i r
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Ordinance No. ,~(~
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
GENERAL FUND IN THE AMOUNT OF $20,000 00 FROM AVAILABLE FUNDS FOR THE PURPOSE
OF FUNDING A PROFESSIONAL SERVICES AGREEMENT TO HUFF, BROUS, MCDOWELL AND
MONTESSI FOR PROFESSIONAL MARKET ANALYSIS/REAL ESTATE SERVICES RELATING TO
COMMERCIAL AND INDUSTRIAL ZONED CITY OWNED PROPERTY AND CITY OWNED LAND
AT LAKE WORTH, 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 estunated receipts and appropriations in the General Fund in the amount of $20,000 00
from available funds for the purpose of funding a professional services agreement to Huff, Brous, McDowell and Montessi for
professional market analysis/real estate services relating to commercial and industrial zoned city owned property and city owned
land at Lake Worth.
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 ~unsdiction, such decision, opuuon or judgement shall in no way unpair 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 12629 and all other ordinances and appropriations amending the same
except in those instances where the provisions of this ordinance are in duect conflict with such other ordinances and
appropriations,. in which instance said conflicting provisions of said pnor ordinances and appropriations are hereby expressly
repealed.
SECTION 4
This ordinance shall take effect and be m full force and effect and after the date of its passage, and it is so ordained.
APPROVED AS TO FORM AND LEGALITY
Assistant City Attorney
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Date
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Adopted
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Effective
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City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
01 /14/97 **C-15862 30HUFF 1 of 2
SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATIONS ORDINANCE AND AWARD OF
PROFESSIONAL SERVICES AGREEMENT TO HUFF, BROUS, MCDOWELL AND
MONTESSI FOR PROFESSIONAL MARKET ANALYSIS/REAL ESTATE SERVICES
RELATING TO COMMERCIAL AND INDUSTRIAL ZONED CITY OWNED PROPERTY
AND CITY OWNED LAND AT LAKE WORTH
RECOMMENDATION
It is recommended that the City Council
1 Adopt the attached supplemental appropriations ordinance increasing estimated
receipts and appropriations in the General Fund by 520,000 available funds from the
sale of surplus properties, and
2 Authorize the City Manager to execute an annual Professions Services agreement
with Huff, Brous, McDowell and Montessi for a fee not to exceed 540,000 to
prepare a market analysis for commercial and industrial zoned surplus properties
owned by the City of Fort Worth and City owned land at Lake Worth
DISCUSSION
On November 28, 1995, City Council approved the award of a professional services
agreement with the real estate services firm of Huff, Brous, McDowell and Montessi The
agreement provided for the preparation of a market analysis of the inventory of Gity-
owned surplus property
Huff, Brous, McDowell and Montessi have performed well during the past year and
provided the City with a product which has proven to be very useful in the marketing and
disposal of surplus properties acquired through Sheriff Sales The Department of
Engineering is proceeding with the systematic disposal of surplus property and, in
addition, is about to implement the phased sale of city-owned Lake Worth leases
Huff, Brous, McDowell and Montessi have agreed to provide market analysis services for
City owned properties The market analysis services will include
• Determination of fair market value,
• Determination of each p.roperty's highest and best use,
~ Recommendation for potential zoning changes,
• ~ IVlar'keti~rig•`strategies for each property or groups of properties,
• Packaging or grouping of specific properties to maximize the sales potential for the
City
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1~ Printed on RecyGed Paper ~ ~
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City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
01 /14/97 **C-15862 30HUFF 2 of 2
SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATIONS ORDINANCE AND AWARD OF
PROFESSIONAL SERVICES AGREEMENT TO HUFF, BROUS, MCDOWELL AND
MONTESSI FOR PROFESSIONAL MARKET ANALYSIS/REAL ESTATE SERVICES
RELATING TO COMMERCIAL AND INDUSTRIAL ZONED CITY OWNED PROPERTY
AND CITY OWNED LAND AT LAKE WORTH
Based upon its demonstrated understanding of the City's needs, proposed scope of
services and experience, Huff, Brous, McDowell and Montessi is one of two consultants
recommended to complete projects on an as needed basis for a fee not to exceed
540,000 Half the fee is to be funded from the General Fund, and the remainder from the
Lake Worth Trust Fund Staff considers this fee to be reasonable for the scope of services
to be provided
Huff, Brous, McDowell &Montessi is in compliance with the City's M/WBE Ordinance by
committing to 15% M/WBE participation The City's goal on this project is 15%
FISCAL INFORMATION/CERTIFICATION
The Director of Fiscal Services certifies that upon the adoption of the attached
supplemental appropriations ordinance, funds required for this agreement will be available
in the current operating budget, as appropriated, of the General Fund Additional funds
required are currently available in the Lake Worth Trust Fund
MG m
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
1)GGO1 444563 O1 10 20,000 00 APPROVED
Mike Groomer 6140 1)GGO1 5 9120 0134010 20 000.00 CI TY CQ U N
Originating Department Head: CIt
A. Douglas Rademaker 6157 (from) ~ AN ~ ~ '~[~~'
2)GGOl 539120 0134010 20 000.00
For Additional Information 2)FE70 539120 038001002000 $20,000 00 ~~~ ~~~~ J
Contact: City Secreb~ry Of t1-t
A. Douglas Rademaker 6157 City of Fost No Y
Printed on Regded Paper Adopted Ordinance Na, „~;;;;;;,,,;;