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HomeMy WebLinkAboutOrdinance 10246'u? A: ORDINANCE N0. jr~ad{~o .~. F _ 4 r AN ORDINANCE AMENDING ORDINANCE NO. 10231 , ADOPTED ON DECEMBER 20, 1988, WHICH LEVIED ASSESSMENT S FOR THE COST OF CERTAIN IMPROVEMENTS AND/OR SERVICES TO BE PRO- VIDED IN FORT WORTH IMPROVEMENT DISTRICT N0. 1 DURING THE FISCAL YEAR 1988-1989, WHICH AMENDMENT CHANGES THE MANNER IN WHICH THE ASSESSMENTS LEVIED BY SUCH ORDI- NANCE ARE ALLOCATED T 0 THE VARIOUS PROGRAMS OF THE DISTRICT BUT LEAVES THE TOTAL AMOUNT OF THE ASSESSMENTS LEVIED BY SUCH ORDINANCE UNCHANGED; DIRECTING THE CITY SECRETARY TO ENGROSS AND ENROLL THIS ORDINANCE; AND PROVIDING AN EFFECTIVE DAT E. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS. SECTION 1 . Ordinance No. 10231, adopted on December 20, 1988, is hereby amended by changing the ,third paragraph in the preamble of such ordinance to read as follows: "WHEREAS, the improvements to be provided and the costs thereof are as follows: TOTAL PROPOSED ASSESSMENTS ASSESSMENTS ASSESSMENT TOTAL APPROVED APPROVED 12/20/88 COST 1988-89 FY 9/20/88 HEARING (a) A maintenance and $483,708 $368,708 $275,890 $ 92,818 landscaping program (b) A promotions 152,502 143,502 107,339 36,163 program (c) A security program 22,684 22,684 16,967 5,717 (d) A transportation and 4,550 4,550 3,398 1,152 parking program (e) A management 155,627 155,627 116,253 39,374 program (f) Undesignated 8,276 8®276 79 8,197 reserve TOTALS $827,347 $703®347 $519,926 $183,421 (100) ( 74~) ( 26~) and ; °' SECT ION 2 . Except as hereby amended, the provisions ~of ordinance No. 10321 adopted on December 20, 1988, and the assessment rolls heretofore approved by City Council and the assessments and liens levied and established pursuant to the provisions of such ordi- nance and assessment rolls, shall remain in full force and effect. SECT ION 3 . The City Secretary is hereby directed to engross and enroll this ordinance by copying the caption of same in the Minute Book of the City Council of Fort Worth, Texas, and by filing the com° plete Ordinance in the Ordinance Records of said City. SECTION 4. This ordinance shall take effect and be in full force and effect from and after the date of its passage and it is so or- dained. PASSED AND APPROVED this .3 ~ day of January, 1989. APPROVED AS TO FORM ND LEGALITY: C~ City Attorney Date : ~~ ~ ~ ~ ~ ADOPTED: I `3 ~ ' ~ CC EFFECTIVE : I ' ~j ( 0 _2_ Hha r ~ -~ ~ .F x V - - F.Cr: h 2 1 T}+k ^; ~ rvH x r~i" Y,+'^"~../ V1L ~W+WdIVJ/ ®Y 'LAY ~~LtV ~1.~®~U 1Y N./~lV ~1./®~O U W LL/W~~V.J'lN/lV~®U W N~tLN Aii MINiSi Hniliift d °f/ u`.Y Mq~:, LfD/~`TE REFERENCE suB~ECr REDISTRIBUTION OF ASSESSMENTS PAGE NUMBER TO REFLECT INCREASED UNDESIGNATED 2 `~''~' 1-31-89 **G-7903 RESERVE FUNDS FOR DOWNTOWN IMPROVE- 1°r - MENT DISTRICT NO 1 RECOMMENDATION It is recommended that City Council adopt the attached ordinance which amends Ordinance No 10?_31, adopted on December 20, 1988 This ordinance does not change the amount of assessments, but rather authorize a redistribution of assessments by categories to reflect a greater amount for undesignated reserve funds nrcruccrnN On August 30, .1988, (M&C G-7705) the City Council adopted a budget presented by Downtown Fort Worth, Inc The total assessments collected are designated for various services, and cannot be greater than what is indicated in the approved budget, unless the Advisory Board and~the City Manager so agree. Any amounts collected which exceed the approved amounts should be assigned to 'the Undesignated Reserve Category The total assessments by categories as shown in M&C G-7871, approved on December 20, 1988, is greater than the amounts indicated in the budget adopted on August 30, 1988 (M&C G-7705) This M&C requests an amendment to the column of assessments for the December 20, 1988 M&C G-7871. The total $183,421, remains the same However, the amounts in each category are amended to reflect the approved budgeted amounts with all overages assigned to the Undesignated Reserve Category as follows ?' P .i i t' ;(.a) .A.:maintenance and landscaping program (b) A•promotions program (c) A security program TOTAL TOTAL PROPOSED ASSESSMENTS ASSESSMENTS ASSESSMENTS TOTAL APPROVED APPROVED 12/20/88 COST 1988-89 FY 9/20/88 HEARING $483,708 $368,708 275,890 $92,818 152,502 143,502 107,339 36,163 22,684 22,684 16,967 5,717 . -' _ ,. DATE REFERENCE sue~ECT REDISTRIBUTION OF ASSESSMENTS PAGE 1-31-89 *BER G-7903 TO REFLECT INCREASED UNDESIGNATED ?_ or2 RESERVE FUNDS FOR DOWNTOWN IMPROV - - MENT DISTRICT N0. 1 `'' y' (d) A transportation 4,550 4,550 3,398 e 1,152 parking program (e) A management 155,627 155,627 116,253 39,374 program (f) Undesignated 8,276 8,276 79 8,197 program $827,347 $703,347 $519,926 $183,421 TOTALS (100%) ( 74%) ( 26%) mmc APPROVED SY ~- !:~J ~1 ~9@9 ~~~ste'',~.r. ` " ~ Geczetery of the •- `•*~orth, Texas SUBMITTED FOR CITY MANAGER'S OFFICE BY THE David Ivor DISPOSITION BY COUNCIL: Q APPROVED PROCESSED BY ORIGINATING ~ OTHER (DESCRIBE) DEPARTMENT HEAD: DaV~d IVOr CITY SECRETARY FOR ADDITIONAL INFORMATION CONTACT Wi 11 a Lister 6094 ``77 Adopted Oruinance ~t~, a~ DATE ~~ ~_