M&C Review


COUNCIL ACTION:  Approved on 6/25/2019 

DATE: 6/25/2019 REFERENCE NO.: **L-16237 LOG NAME: 21PMD 9285 HARMON ROAD PARCEL 13
CODE: L TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT:  

Authorize Acquisition of  a Right-of-Way Easement Interest in Approximately 0.157 Acres of Land, Located at 9285 Harmon Road in the Josiah Walker Survey, Abstract No. 1600, Tarrant County, Fort Worth, Texas, from Property Owned by Bryan Scribner & Jodi Scribner for the Harmon Road Improvement Project for a Total Purchase Price of $124,200.00 and Pay Estimated Closing Costs in the Amount Up to $2,000.00, for a Total Cost of $126,200.00 (2018 Bond Program) (COUNCIL DISTRICT 7)


RECOMMENDATION:

It is recommended that the City Council:

 

1.Authorize acquisition of a right of way easement interest in approximately 0.157 acres of land, located at 9285 Harmon Road in the Josiah Walker Survey, Abstract No. 1600, Tarrant County, Fort Worth, Texas, from property owned by Bryan Scribner and Jodi Scribner;

2. Find that the total purchase price of $124,200.00 for the easement interest is just compensation and pay total estimated closing costs in the amount up to $2,000.00; and

3. Authorize the City Manager or his designee to accept the conveyance and record the appropriate instrument.

 

 

 
DISCUSSION:

The land right in the subject property is needed for street reconstruction, storm drain improvements, and roundabout intersection improvements for the Harmon Road Improvement Project (CPN 100459) from Heritage Trace Parkway to Bonds Ranch Road/Golden Triangle Boulevard. The land owner has agreed to $124,200.00 as total compensation for the easement interests.

The City will pay estimated closing costs in the amount up to $2,000.00. Upon City Council approval, staff will proceed with acquiring the right-of-way easement interest in the property.

A portion of this project will include 2018 Bond funds. Available resources within the General Fund will be used to provide interim financing until debt is issued. Once debt associated with the project is sold, bond proceeds will reimburse the General Fund in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance No. 23209-05-2018).

Parcel No. Interest Owner Address/Legal Description Type of Property/Acreage Amount
13-ROWE BRYAN SCRIBNER AND JODI SCRIBNER

JOSIAH WALKER SURVEY, ABSTRACT NO. 1600

Right of Way Easement / 0.157 Acres

 

$124,200.00
     

Estimated Closing Cost

$2,000.00
      Total Cost $126,200.00

 


This property is located in COUNCIL DISTRICT 7.

 

A Form 1295 is not required for this contract because:  This M&C does not request approval of a contract with a business entity.

 
FISCAL INFORMATION/CERTIFICATION:

The Director of Finance certifies that upon approval of the above recommendations, funds are available, as appropriated in the W&S Commercial Paper Fund, the Developer Contribution Fund and the 2018 Bond Program Fund. Prior to an expense being incurred, the participating department has the responsibility to validate the availability of funds.

TO
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Account Project
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Program Activity Budget
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FROM
    Fund Department
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Account Project
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Program Activity Budget
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Submitted for City Manager's Office by:
Jay Chapa (5804)
Originating Department Head:
Roger Venables (6334)
Additional Information Contact:
Ben Thomas (5469)

 
 
ATTACHMENTS
  C100459 P13 ROW.pdf