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Home My WebLink AboutRES 1996-046 �� RESOLUTION NO. 96-46 ,,,�, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS RECOGNIZING THE IMPORTANCE OF PRESERVING A PART OF THE CITY'S HERITAGE BY ACQUISITION OF THE NASH FARM HOMESTEAD BY THE GRAPEVINE HERITAGE FOUNDATION; PROVIDING FOR THE GRANTING OF FUNDS TO THE HERITAGE FOUNDATION TO PAY FOR ONE-HALF OF THE COST OF CONSTRUCTING HUDGINS STREET BETWEEN BALL STREET AND COLLEGE STREET CONTIGUOUS TO THE NASH FARM HOMESTEAD; ACCEPTING A DEDICATION OF ONE-HALF ACRE OF PROPERTY FROM CMPA - EAGLE, INC. IN SATISFACTION OF THE OPEN SPACE REQUIREMENT OF APPENDIX D ZONING, SECTION 51 RELATIVE TO OPEN SPACE AND RECREATIONAL AREA; AUTHORIZING THE EXECUTION OF NECESSARY DOCUMENTS TO CARRY OUT THE TRANSACTION AND PROVIDING AN EFFECTIVE DATE "� WHEREAS, CMPA - Eagle, Inc. a Texas Corporation, has acquired certain property in the City of Grapevine which property includes the Nash Farm Homestead; '� and WHEREAS, CMPA - Eagle, Inc. has agreed to convey approximately 3.343 acres of said Nash Farm Homestead to the Grapevine Heritage Foundation and to execute an assignment of an option to purchase an additional approximately 1 .503 acres of the said Nash Farm Homestead; and WHEREAS, the earnest money contract between CMPA - Eagle, Inc. and the Grapevine Heritage Foundation obligates the Foundation to pay the actual out of pocket costs incurred in constructing Hudgins Street between Ball Street and College Street; and WHEREAS, the City believes and finds that the construction of Hudgins Street is necessary and vital for the development of the property being acquired by the Foundation and the City does hereby agree to make a one-time grant to the Foundation in the amount necessary to fund one-half of the cost of constructing Hudgins Street, which one-half is currently estimated at 5183,838; and �, WHEREAS, CMPA - Eagle, Inc. is proposing to develop property contiguous to Hudgins and in close proximity to the Nash Farm Homestead for single family residential construction, and CMPA - Eagle, Inc. has offered to dedicate to the City �► of Grapevine one-half acre for open space in satisfaction of requirements in the City's zoning ordinance, Appendix D, Zoning in the City Code of Ordinances, Section 51 , which offer the City does accept; and �.,..y WHEREAS, the City Council finds that the preservation of the Nash Farm Homestead is in the best interest of the City and contributes to the preservation of the health, safety and general welfare and enhances property values and the quality of „,� ,, life; and WHEREAS, the City Council authorizes and approves the execution of all necessary legal documents, as approved by the City Manager and City Attorney, necessary to carry out this transaction. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1 . That all matters in the preamble are found to be true and correct and are incorporated into the body of this resolution as if copied in their entirety. Section 2. That the City does hereby agree to grant to the Grapevine Heritage Foundation the necessary funds to pay for one-half of the cost of Hudgins Street, between Ball Street and College Street all as detailed in an unimproved property earnest money contract between CMPA - Eagle, Inc. and the Grapevine Heritage Foundation, which contract in addendum I calls for Hudgins Street, including utilities, ''°�� to be constructed in accordance with plans and specifications developed by Turner, Collie and Braden. The current estimated cost of one-half of the street project is '� 5183,838. The City of Grapevine by this resolution commits to expend a maximum of $183,838. This maximum may be increased by subsequent City Council resolution. Section 3. CMPA - Eagle, Inc. agrees to dedicate to the City of Grapevine all of the lot, tract, and parcel of land described in Exhibit "A" attached hereto and incorporated herein for all purposes for open space purpose pursuant to the City's zoning ordinance, Appendix D of its Code of Ordinances, Section 51 . The City, by this resolution, does hereby acknowledge said proposed dedication and does agree to accept same. Section 4. That the City Manager is hereby authorized and directed to sign all necessary documents, as approved by the City Attorney, to carry out this transaction and to fund one-half (1/2) of the cost of Hudgins Street. Section 5. That this resolution shall take effect from and after the date of its passage. ,� PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 1 st day of October , 1996. � RES. N0. 96-46 2 APPROVED: _��, William D. Tate Mayor ATTEST: � Linda Huff City Secretary APPROVED AS TO FORM: . : '� r_.,, .,, � .� � ,°" � . � ,ti.... �; .� ..,.. _�L.. , ,l ;. �.... � , / ) � ...._. ..,__,�.._.._ `/ J K I _ John F. Boyle, Jr. �� City Attorney � � RES. NO. 96-46 3 EXHIBIT A Exhibit "A" to Res. No. �6-46 Page 1 of 1 N'[TTI�S ANll I30UNDS UGSCRIPTION P'OR PARIC DGDIC�7'ION �'O "I'III's C;I'1'Y Or GItAi'GViNC, TGXAS � E3eing a tract or parcel ol land situated in n. I�oster Survey nbstract 518, City of Grapevine, Tarrant Counry, �feras and being a p��riiun ul that cenain uact ol land conveyed to the Bstate �� of Mary Louise Chastant by instruincnt Recorded in Volume 5681, Page 703, Deed Records, � Tarrant County, 'T'exas and more �particularly desa�ibed as f�ollows: � COMMGNCINC at a 5/8 inch iron rod with cap stlmped "RPLS 1237" found on the westerly line of said Chastant tract and being on the southerly line of Coilege Street (a variable width righ[-of-way, being 68 feet �vide a� this point); THGNCC, South 89°41'S1" I:asi. along said southerly line, 181.11 feet to a 5/8 inch iron rod found with cap stamped "SUKVCON" at the beginning of a curve to the right, which has a central angle of 01°22'S9", a radius of 1014.34 feet, a tangent of 12.24 feet and whose long chord bears South 89°00'2l Last; 7'H�NC[;, with said curve to the right 24.49 feet to a 5/8 inch iron rod found with cap stamped "SURVCON" for the place of beginning, and also being the point of curvature of a curve to the right, which has a central angle of 08°25'S0", a radius o( 1014.34 feet, a tangent of 74.76 feet and whose long chord bears Sou�h 84°OS'S6" East; TIIGNCE, with said curve lo thc right Id9.25 feet �o a 5/8 inch iron rod found with cap stamped "SURVCON"; 'Ctlt'sNCi�, South 79°53'01" l��:a.st al<,nk the souiherly line ��I College S(reet 30.34 (cet ro a 5/8 inch iron rod Icwnci wi(h cap siam��c�l "Sl IRV('ON" and b��inE; thc point of curv�turc of a curve to the lelt, which has a central �ingle u(03°07'42", a radius of t084.25 feel, a tangent of 29.61 feet and whose long chord bcars South 81"25'S2" I:as�; TFICNCI�, with said curvc u� the Icft 59.20 fect to a 5/8 inch iron rod cap stamped , "SURVCON" sct; �: .� TIi�NCG, South 06°59'l7" Wes�, 70.62 I`eet to a 5/8 inch iron rod cap stamped "SURVCON" set; THCNCC, North 89°08'S1" �'esi 249.60 feet to a S/8 inch iron rod found with cap stamped "SURVC'ON"; Tk�IGNCL, North 00°51�09" I�ast 7G.25 Iec1 to a SlR inch iron rod found ti�ith cap stamped "SURVCON"; TH]�NCG, North 45°59'12° East 28.22 leet to the PLACE O� I3LGINNING and containing 21,788 square feet or 0.500 acres of land more or less. Compiled from field ties and record information [3y: SURVCON, INC. Dallas, ��exas p •ri r•�F+ Septembcr, 1996 ; ��° ��?P�,'� . J. T. MUILER ----�r-� \ \ � � 4522 �%� lC\�'\�\��_� '�,yo ftf��{� SUR� Ja s "I�. �4uller Registered Professional land Surveyor Texas Regislration Number 452' ,�:;�