HomeMy WebLinkAboutOrdinance 12286~ Nb
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Ordinance No ~~
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE GENERAL FUND IN THE AMOUNT OF $30,000 00 FOR THE PURPOSE OF
FUNDING A PROFESSIONAL SERVICES AGREEMENT TO HUFF, BROUS, MCDOWELL &
MONTESSI FOR PROFESSIONAL MARKET ANALYSIS/REAL ESTATE SERVICES
RELATING TO COMMERCIAL AND INDUSTRIAL ZONED CITY OWNED SURPLUS
PROPERTIES; 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 General
Fund in the amount of $30,000 00 for the purpose of funding a professional
services agreement to Huff, Brous, McDowell & Montessi for Professional
Market Analysis/Real Estate Services relating to commercial and industrial
zoned city owned surplus properties
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 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ordinances and appropriations are hereby expressly repealed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 and after the
date of its passage, and it is so ordained
APPROVED AS TO FORM AND LE ITY
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skis?tant Ci y Attorney
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Date
Adopted
Effective
City of Fort Worth, Texas
Mayor and Council Communication
NUMBER C-15158 ~ NAME
11 /28/95
30HUFF I 1 of 3
SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATIONS ORDINANCE AND AWARD OF
PROFESSIONAL SERVICES AGREEMENT TO HUFF, BROUS, McDOV1/ELL &
MONTESSI FOR PROFESSIONAL MARKET ANALYSIS/REAL ESTATE SERVICES
RELATING TO COMMERCIAL AND INDUSTR{AL ZONED CITY OWNED SURPLUS
PROPERTIES
RECOMMENDATION
It is recommended that the Council
1 Adopt the attached supplemental appropriations ordinance increasing estimated
receipts and appropriations in the General Fund by 530,000 from increased revenues
from the sale of surplus properties, and
2 Authorize the City Manager to execute an annual Professional Services agreement
with'Huff, Brous, McDowell & Montessi for a fee not to exceed 530,000 to prepare
market analysis for commercial and industrial zoned surplus properties owned'by the
City of Fort Worth
DISCUSSION
The City of Fort Worth, Department of Engineering, currently maintains an inventory of
approximately 120 commercial and industrial zoned surplus properties The majority of
these properties were obtained through the tax foreclosure process
A market analysis for each commercial and industrial zoned property will provide a more
concise and accurate value for the property This market analysis will also assist in
establishing a potential minimum bid for each property for a competitive sealed bid sale
Market Analysis Services will include
• Determination of fair market value,
• Determination of each property's Highest and Best Use,
• Recommendation for potential Zoning Changes,
• Marketing strategies for each property,
• Packaging or grouping of specific properties to maximize the sales potential for
the City
Printed on recycled paper
City of Fort Worth Texas
Mayor and Council Communication
11 /28/95
NUMBER C-15158 ~ NAME
30HUFF ~ 2 of 3
SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATIONS ORDINANCE AND AWARD OF
PROFESSIONAL SERVICES AGREEMENT TO HUFF, BROUS, McDOWELL &
MONTESSI FOR PROFESSIONAL MARKET ANALYSIS/REAL ESTATE SERVICES
RELATING TO COMMERCIAL AND INDUSTRIAL ZONED CITY OWNED SURPLUS
PROPERTIES
In April, 1995, the Department of Engineering advertised for real estate consultants to
submit their Statement of Qualifications to prepare a market analysis so that the City can
more effectively market and dispose of these properties
Nine real estate firms responded with written statements of qualifications All of the
responding companies were contacted and provided an opportunity td attend a personal
interview Of the nine, two firms declined interviews
A selection committee consisting of the Manager of Real Property, the Land Agent
responsible for the Surplus Property program and a Project Manager from the Department
of Engineering reviewed the submittals and conducted the interviews of the firms
Following interviews the selection committee referred it's recommendations and selections
to the Director of the Department of Engineering for approval
Based upon their demonstrated understanding of the project, proposed scope of services
and comparable experience, Huff, Brous, McDowell & Montessi are one of two
consultants recommended to complete this project for a fee not to exceed 530,000 00
Staff considers this fee to be reasonable for the scope of services proposed
Huff, Brous, McDowell &Montessi is in compliance with the City's DBE Policy by
committing to 33 8% DBE participation
City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE LOG PAGE
NUMBER C-15158 NAME
11 /28/95 30HUFF 3 of 3
SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATIONS ORDINANCE AND AWARD OF
PROFESSIONAL SERVICES AGREEMENT TO HUFF, BROUS, McDOWELL &
MONTESSI FOR PROFESSIONAL MARKET ANALYSIS/REAL ESTATE. SERVICES
RELATING TO COMMERCIAL AND INDUSTRIAL ZONED CITY OWNED SURPLUS
PROPERTIES
FISCAL INFORMATION
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
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Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by• (to)
GG01 444563 0134020 $30,000 0
Mike Groomer 614
Originating Department Head• ~~~~ ~~~~~'
A. Douglas Rademaker 6157 (from) N®~ ~~ 1Q0~
GG01 539120 0134010 $30,000 0 ,
For Additional Information ~+•e.t.~ ~~./
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Contact: ~
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Caty of Fort 11ti'ozi•A. l+eatss
A. Douglas Rademaker 6157
~'i Printed 6n recycled paper