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HomeMy WebLinkAboutOrdinance 12042Ordinance No ~(J 7"~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE NEW DEVELOPMENT FUND IN THE AMOUNT OF $24,550 00 FOR THE PURPOSE OF FUNDING THE' ACQUISITION OF A RIGHT-OF-WAY AT THE I-35 INTERCHANGE AT HILLWOOD BOULEVARD; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR ORDINANCES IN CONFLICT HEREWITH 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 1994-95 and in the Budget of the City Manager,. there shall also be increased estimated receipts and appropriations in the New Development Fund in the amount of $24,550 00 for the .purpose of funding the acquisition of a right-of-way at the I-35 Interchange at Hillwood Boulevard 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 judgement 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 11645 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4.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 and after the date of its passage, and it is so ordained APPROVED AS TO FO/RM AND LEGALITY ~~~ ~' TT C' 'y Attorne ~~~~ Date Adopted Effective '~ City of Fort worth, Texas Mayor and Council Communication NUMBER L-11598 NAME 07/18/95 30135V1/ 1 of 2 ~UBJECT I ~` 5W AND HILOLWOODC ODULEVARDOF :RIGHT-O:F-WAY FO-R AN INTERCHANGE AT I RECOMMENDATION It is recommended. that the City Council 1 Adopt the attached appropriations ordinance increasing estimated receipts and appropriations in the New Development-Fund by 524,550.00 from increased revenues, and .. 2 Approve the acquisition of right-of-way, and 3 Find that each parcel has been independently negotiated and that;just compensation will be paid, and - 4 Authorize the City Manager to accept and record the conveyance instruments DISCUSSION On December 20, 1994 (M&C C-14615), the City Council approved a Federal Innovation Project Agreement with the Texas Department of Transportation for construction of the I-35W interchange. at Hillwood Boulevard (Phase I) The Hillwood interchange is designated as an "Innovative Project" under the ISTEA legislation and the federal share is capped at 80% of the project cost Previously, the Council had approved a Funding Agreement with Hillwood Property Company (HPC) in which HPC agreed to pay certain costs and expenses that would become City obligations under the Project Agreement, including costs and expenses associated with right-of-way and easement acquisition, which are the responsibility of the City Successful right-of-way negotiations have been completed with the following property owner ~+ City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE ~ NUMBER L-11598 LOG NAME PAGE 07/18/95 30135W 2 of 2 SUBJECT AUTHORIZATION OF ACQUIS1TION OF RIGHT-OF-WAY FOR AN INTERCHANGE AT I-35W AND HILLWOOD BOULEVARD Grantor Parcel Legal Area Compensation Clarence Cornell 8 Abst 999 TR5601 A 180 AC 524,550 Wm McCowens Survey This property is located in DISTRICTS 2 and 4, IVlapsco 21 T and X FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon approval and complei ton of the above recommendations, funds required for this acquisition will be available in the~current ebpital budget of the New Development Fund MG v Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by• (to) ~- - C113 488100 030113136049 24,550,:0- Mike Groomer 614 A~~~~~~Q, Originating Department Head. ~t'g~~p ~~~~ A. Douglas Rademaker 6157 (from) ~ ~~~ ~ ~ ~ C113 541100 030113136049 $24,55 ~ ~~~ For Additional Information ~~ ~~~, Contact: City Saeavr2~p of flt~ Cit of F A. Douglas Rademaker 6157 y art ~yortft, ~exa~