HomeMy WebLinkAboutResolution 2003-085
RESOLUTION No. 2003-085
BE IT RESOLVED BY THE CITY COUNCil OF THE CITY OF NORTH
RICHlAND HillS, TEXAS, that:
WHEREAS, the City of North Richland Hills has entered into an agreement with
Flatiron Cambria I L.P. to purchase one tract totaling 4.0717 acres located in the
Northglenn Addition, Lot 1, Block 1, for municipal facility purposes.
BE IT RESOLVED BY THE CITY COUNCil OF THE CITY OF NORTH
RICHlAND HillS, TEXAS, that:
The City Manager or his designee is hereby authorized to purchase the said property as
act and deed of the City; and
The 2003-2004 Capital Budget is amended as attached.
PASSED AND APPROVED this 10th day of November, 2003.
APPROVED:
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\\'\\C~' Oscar Trevino, Mayor
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pâtr,iG,ia~qtsot1', City Secretary
APPROVED AS TO FORM AND LEGALITY:
APPROVED AS TO CONTENT:
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Municipal Facility Capital Projects
Land Purchase (Southwest North Rich/and Hills)
Project number will be established upon Council approval
PROJECT DESCRIPTION & JUSTIFICATION
This project consists of the acquisition of approximately 4 acres and existing improvements in Southwest North Richland Hills.
The land and improvements are being acquired for various municipal uses. The aquisition is necessary to ensure the City can
meet anticipated changes in future service needs.
PROJECT STATUS Original 2003/2004 Original 2003/2004
Start Date Revision End Date Revision
Engineering/Design n/a n/a n/a n/a
Land/ROW Acquisition n/a 11/2003 n/a 11/2003
REVISION EXPLANATION
This project was not included in the adopted 2003/04 CIP Budget. Therefore, this revision is necessary for the City Manager's
Office to gain legal expenditure authority in this fiscal year.
FINANCIAL DATA
2003/2004 2003/2004 Total
Funding Source Amount to 2003/2004 Proposed Revised Remaining Project
Date Adopted Revision Budget Budget Cost
Prior Funding Allocations:
n/a $0 $0 $0 $0 $0 $0
Proposed Funding Revision:
Parks Dev. Fund Sales Tax (4B) 0 0 425,750 425,750 0 425,750
Pay-as-you-go Reserves 0 0 229,250 229,250 0 229,250
Total $0 $0 $655,000 $655,000 $0 $655,000
Project Expenditures
Engineering $0 $0 $0 $0 $0 $0
Land/Right-of-Way 0 0 655,000 655,000 0 655,000
Construction 0 0 0 0 0 0
Other 0 0 0 0 0 0
Total $0 $0 $655,000 $655,000 $0 $655,000
IMPACT ON OPERATING BUDGET
Nominal Maintenance costs.
Annual Operating Impact
Pro"ected