The City of Fort Worth (City) and the Naval Air Station Fort Worth, Joint Reserve Base entered into a loan agreement (City Secretary Contract No. 43121, no M&C required) on January 1, 2012, for the City to acquire a World War II-era anchor for display at Veterans Memorial Park as a memorial/tribute to the Armed Forces. The United States Navy anchor was built in 1933 at Navy Shipyard, Norfolk, Virginia, and weighs 2,965 pounds. The U.S. Navy wishes to donate the anchor to the City and has determined that the anchor is obsolete and has no value. The City has estimated the value of the anchor at $200.00, based on the estimated material cost of the anchor. The anchor is currently on-site and will remain there where it will be maintained and kept by the Park & Recreation Department. The City is responsible for corrosion control and routine maintenance of the anchor. Corrosion control is the removal of rust, priming the surface and painting. Routine maintenance would be required for any damage and overall painting, if needed. The color of the anchor is to remain Navy gray. The City agrees to the inspection of the anchor by the responsible government agency, and agrees that any misuse, improper maintenance, or negligence on the part of the City would give cause for the immediate return of the anchor to the U.S. Navy at the expense of the City. The annual budget impact associated with the anchor donation is de minimis for repair and maintenance of this improvement. Veterans Memorial Park is located in COUNCIL DISTRICT 7. This M&C does not request approval of a contract with a business entity. |
