HomeMy WebLinkAboutOrdinance 22401-09-2016 ORDINANCE NO. 22401-09-2016
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE FISCAL YEAR 2016-2017 FORT WORTH PUBLIC
IMPROVEMENT DISTRICT 6 — PARK GLEN FUND IN THE AMOUNT OF
$1,587,257.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF
THE ORDINANCE LEVYING SPECIAL ASSESSMENTS FOR THE 2016 TAX YEAR,
FOR THE PURPOSE OF PROVIDING MANAGEMENT AND IMPROVEMENT
SERVICES FOR THE PARK GLEN PUBLIC IMPROVEMENT DISTRICT DURING
FISCAL YEAR 2016-2017; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING
THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL
ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,TEXAS:
SECTION 1.
That in addition to those amounts allocated to the various City departments for Fiscal Year 2016-2017 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fiscal Year
2016-2017 Fort Worth Public Improvement District 6 — Park Glen Fund in the amount of$1,587,257.00, from
available funds, contingent upon the adoption of the ordinance levying special assessments for the 2016 Tax Year,
for the purpose of providing management and improvement services for the Park Glen Public Improvement
District during Fiscal Year 2016-2017.
SECTION 2.
That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for
any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the
remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and
remain in full force and effect.
SECTION 3.
That this ordinance shall be incorporated into the ordinance effecting the budget of the municipal government of
the City of Fort Worth for the ensuing Fiscal Year beginning October 1, 2016, and ending September 30, 2017,
and all other ordinances and appropriations amending the same except in those instances where the provisions of
this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said
conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.
SECTION 4.
This ordinance shall take effect upon adoption.
APPROVED AS TO FORM AND LEGALITY:
AA11A A.0
Maleshia F r, Assistant City Attorney Mary J. Kfdr,,Cit ecretary
ADOPTED AND EFFECTIVE: September 13, 2016
Ordinance No.22400-09-2016
Page 1 of 1
City of Fort Worth
Five Year Service Plan
Public Improvement District No.6-Park Glen
FY16/17 FY17/18 FY18119 FY19 120 FY20121
REVENUES
PID Assessments $1,392,940 $1,392,940 $1,392,940 $1,392,940 $1,392,940
COFW Payment in lieu of Services 194,317 194,317 194,317 194,317 194,317
Budget Revenues $1,587,257 $1,587,257 $1,587,257 $1,587,257 $1,587,257
Use of Fund Balance 390,000
Total Revenues $1,977,257 $1,587,257 $1,587,257 $1,587,257 $1,587,257
EXPENSES
Management Fee 125,924 130,881 136,036 141,398 146,974
Utilities 227,500 227,500 228,000 228,000 228,500
Landscape Maintenance 698,000 663,000 663,000 664,000 663,000
Common Area Maintenance 599,500 254,902 249,047 249,286 249,110
Holiday Decorations 21,600 21,600 21,600 25,000 25,000
Security Enhancements 140,000 145,000 145,000 145,000 145,000
Communications/Newsletters 6,000 6,000 6,200 6,200 6,300
Public Events 30,359 35,000 35,000 35,000 35,000
Capital Improvements 75,000 50,000 50,000 40,000 35,000
Insurance 23,415 23,415 23,415 23,415 23,415
Annual Review 2,100 2,100 2,100 2,100 2,100
City Administration Fee 27,859 27,859 27,859 27,859 27,859
Total Expenses $1,9779257 $1,587,257 $1,587,257 $1,587,257 $1,587,257
FORTWORTH
Park Glen Public Improvement District
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COPYRIGHT 2014 CITY OF FORT WORTH. UNAUTHORIZED REPRODUCTION IS A VIOLATION OF APPLICABLE LAWS. THIS
PRODUCT IS FOR INFORMATIONAL PURPOSES AND MAY NOT HAVE BEEN PREPARED FOR OR BE SUITABLE FOR LEGAL,
ENGINEERING, OR SURVEYING PURPOSES.IT DOES NOT REPRESENTAN ON-THE-GROUND SURVEYAND PRESENTS
ONLY THE APPROXIMATE RELATIVE LOCATION OF PROPERTY BOUNDARIES. THE CITY OF FORT WORTH ASSUMES
NO RESPONSIBILITY FOR THE ACCURACY OF SAID DATA.
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 9/13/2016 - Ordinance No. 22400-09-2016, 22401-09-2016
& 22402-09-2016
DATE: Tuesday, September 13, 2016 REFERENCE NO.: BH-349
LOG NAME: 13PBD PID6FY17
SUBJECT:
Conduct a Public Benefit Hearing for Public Improvement District 6, Park Glen PID, Approve Fiscal Year
2016-2017 Budget and Five-Year Service Plan in the Amount of$1,977,257.00, Approve Tax Year 2016
Assessment Roll, Adopt Ordinance Levying Special Assessments for the 2016 Tax Year, Adopt Ordinance
Increasing Estimated Receipts and Appropriations in the Fort Worth Public Improvement District 6 - Park
Glen Fund in the Amount of$1,587,257.00, Adopt Ordinance Increasing Appropriations in the Fort Worth
Public Improvement District 6 - Park Glen Fund in the Amount of$390,000.00, and Reducing Unaudited,
Unassigned Fund Balance by the Same Amount, and Authorize Execution of an Agreement with
FirstService Residential Texas, Inc., in the Amount of$125,924.00 to Manage the District (COUNCIL
DISTRICT 4)
RECOMMENDATION:
It is recommended that the City Council:
1. Conduct a public benefit hearing concerning the proposed special assessments on the property located
in Public Improvement District 6, Park Glen Public Improvement District for the 2016 tax year;
2. Approve the attached Fiscal Year 2016-2017 Budget and Five-Year Service Plan for the Park Glen
Public Improvement District in the amount of$1,977,257.00;
3. Approve the Tax Year 2016 Assessment Roll for the Park Glen Public Improvement District;
4. Adopt the attached ordinance levying special assessments on the property located in the Park Glen
Public Improvement District for the 2016 tax year;
5. Adopt the attached ordinance increasing estimated receipts and appropriations in the Fort Worth Public
Improvement District 6 - Park Glen Fund in the amount of$1,587,257.00 from available funds;
6. Adopt the attached ordinance increasing appropriations in the Fort Worth Public Improvement District 6
- Park Glen Fund in the amount of$390,000.00, and reducing the unaudited, unassigned fund balance by
the same amount; and
7. Authorize the execution of an Agreement with FirstService Residential Texas, Inc., in the amount of
$125,924.00 to provide management and improvement services for the Park Glen Public Improvement
District during Fiscal Year 2016-2017.
DISCUSSION:
On September 29, 1998, the City Council adopted Resolution No. 2453 establishing Public Improvement
Logname: 13PBD PID6FY17 Pagel of 3
District No. 6 (Park Glen PID).
The purpose of this benefit hearing is to receive comments from the public regarding the 2016-2017 Fiscal
Year Budget and Five-Year Service Plan for the PID and the proposed assessments to be levied on each
property in the PID for the 2016 tax year. Following the public hearing, it is recommended that the City
Council approve the attached Budget and Five-Year Service Plan of the PID, approve the 2016 Tax Roll
for the PID, adopt the attached ordinance levying the proposed assessments, and adopt the attached
ordinances increasing estimated receipts and appropriations in the Fort Worth Public Improvement District
6— Park Glen Fund.
On August 30, 2016, (M&C PID6FY17 BENEFIT) the City Council conducted a public hearing to receive
comments on the proposed 2016-2017 Fiscal Year Budget and Five-Year Service Plan for the
PID. Notice of this benefit hearing was published in the Fort Worth Star Telegram and mailed to all record
owners of property in the Park Glen PID, in accordance with state law.
The improvements and services to be provided in the PID during the 2016-2017 Fiscal Year and the costs
thereof are as follows:
Improvements Total Budgeted Costs
Management Fee $ 125,924.00
Utilities r $ 227,500.00
Landscape Maintenance I $ 698,000.00
Common Area Maintenance $ 599,500.00
Holiday Decorations 1 $ 21,600.00
Security Enhancements $ 140,000.00
Communications/Newsletters $ 6,000.00
Public Events $ 30,359.00
Capital improvements $ 75,000.00
Insurance $ 23,415.00
Annual Review $ 2,100.00
City Administration Fee $ 27,859.00
Total Expenses $ 1,977,257.00
The total budgeted costs of the improvements and services are in the amount of $1,977,257.00. Of this
amount, $1,392,940.00 will be funded by assessments collected on privately owned parcels located in the
district by applying a rate of $0.175 cents to each $100.00 of property value for residential property and
$0.035 cents to each $100.00 of property value for commercial property. The remainder of the costs in
the amount of $584,317.00 will be funded by other revenue sources including: an amount equal to
$194,317.00 in direct payments from the City for Payment In-Lieu of Services and an amount equal to
$390,000.00 from unaudited, unassigned fund balance.
The Park Glen PID is located in COUNCIL DISTRICT 4.
FISCAL INFORMATION /CERTIFICATION:
The Director of Finance certifies that upon approval of the above recommendations and the adoption of
the Fiscal Year 2016-2017 Budget by the City Council, funds will be available in the Fiscal Year 2017
operating budget, as appropriated, of the Fort Worth Public Improvement District 6 - Park Glen Fund.
Logname: 13PBD PID6FY1.7 Page 2 of 3
TO
Fund Department ccoun Project Program ctivity Budget Reference # moun
ID ID Year Chart#ield 2
FROM
Fund Department ccoun Project Program ctivity Budget Reference # moun
ID ID Year Chartfield 2
CERTIFICATIONS:
Submitted for City Manager's Office by: Susan Aianis (8180)
Originating Department Head: Lynda Johnson (6222)
Additional Information Contact: David Reitz (7807)
Logname: 13PBD PID6FY17 Page 3 of 3