HomeMy WebLinkAboutOrdinance 22415-09-2016 ORDINANCE NO.22415-09-2016
AN ORDINANCE INCREASING APPROPRIATIONS IN THE FORT WORTH PUBLIC
IMPROVEMENT DISTRICT 14 — TRINITY BLUFF FUND IN THE AMOUNT OF $15,367.00
AND DECREASING THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT 14— TRINITY
BLUFF FUND UNAUDITED, UNASSIGNED FUND BALANCE BY THE SAME AMOUNT, FOR
THE PURPOSE OF FUNDING THE FISCAL YEAR 2016-2017 ANNUAL OPERATING BUDGET;
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 appropriations in Fort Worth Public Improvement District 14 — Trinity Bluff
Fund in the amount of$15,367.00, and decreasing the Fort Worth Public Improvement District 14 — Trinity Bluff Fund
unaudited, unassigned fund balance by the same amount, for the purpose of funding the Fiscal Year 2016-2017 annual
operating budget.
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appropriations are hereby expressly repealed.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:
i fe
aleshia Fa er,Assistant City Attorney Mary J e ,Ci ecretary
ADOPTED AND EFFECTIVE: September 13,2016
Ordinance No.22415-09-2016
Page 1 of 1
City of Fort Worth
Five Year Service Plan
Public Improvement District No.14-Trinity Bluff
FY16/17 FY17/18 FY18/19 FY19 120 FY20121
REVENUES
PID Assessments $61,633 $62,866 $64,123 $65,405 $66,714
Budget Revenues $61,633 $62,866 $64,123 $65,405 $66,714
Use of Fund Balance 15,367 15,000 15,000 15,000 15,000
Total Revenues $77,000 $77,866 $79,123 $80,405 $81,714
EXPENSES
Management Fee 2,000 2,000 2,000 2,000 2,000
Utilities 3,000 3,000 3,000 3,000 3,000
Landscaping 27,600 28,152 28,715 29,289 29,875
Litter Abatement 14,400 14,688 14,982 15,281 15,587
Marketing 1,000 1,000 1,000 1,000 1,000
Holiday Lighting - - 2,500 2,500 2,500
Capital Improvements 27,000 27,026 24,926 25,334 25,752
City Administrative Fee 2,000 2,000 2,000 2,000 2,000
Total Expenses $77,000 $77,866 $79,123 $80,405 $81,714
FORT WORTH
Trinity Bluff 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. 22413-09-2016: 22414-09-2016
& 22415-09-2016
DATE: Tuesday, September 13, 2016 REFERENCE NO.: BH-354
LOG NAME: 13PBD PID14FY17
SUBJECT:
Conduct a Public Benefit Hearing for Public Improvement District 14, Trinity Bluff PID, Approve Fiscal Year
2016-2017 Budget and Five-Year Service Plan in the Amount of$77,000.00, 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 14 -Trinity
Bluff Fund in the Amount of$61,633.00, Adopt Ordinance Increasing Appropriations in the Fort Worth
Public Improvement District 14 -Trinity Bluff Fund in the Amount of$15,367.00, and Reducing the
Unaudited, Unassigned Fund Balance by the Same Amount, and Authorize Execution of an Agreement
with Downtown Fort Worth, Inc., in the Amount of$2,000.00 to Manage the District (COUNCIL DISTRICT
9)
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 14, Trinity Bluff Public Improvement District for the 2016 tax year;
2. Approve the attached Fiscal Year 2016-2017 Budget and Five-Year Service Plan for the Trinity Bluff
Public Improvement District in the amount of$77,000.00;
3. Approve the Tax Year 2016 Assessment Roll for the Trinity Bluff Public Improvement District;
4. Adopt the attached ordinance levying special assessments on the property located in the Trinity Bluff
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 14 -Trinity Bluff Fund in the amount of$61,633.00 from available funds;
6. Adopt the attached ordinance increasing appropriations in the Fort Worth Public Improvement District
14 - Trinity Bluff Fund in the amount of$15,367.00, and reducing the unaudited, unassigned fund balance
by the same amount; and
7. Authorize the execution of an Areement with Downtown Fort Worth, Inc., in the amount of $2,000.00 to
provide management and improvement services for the Trinity Bluff Public Improvement District during
Fiscal Year 2016-2017.
DISCUSSION:
On June 16, 2009, the City Council adopted Resolution No. 3748-06-2009 establishing Fort Worth Public
Logname: 13PBD PID 14FY 17 Page I of 3
Improvement District 14 (Trinity Bluff 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 2016 Tax Roll for the PID, approve the attached Budget and Five-Year Service Plan
of the PID, adopt the attached ordinance levying the proposed assessments and adopt the attached
ordinances increasing estimated receipts and appropriations to the Fort Worth Public Improvement District
14—Trinity Bluff Fund .
On August 30, 2016, (M&C 13PBO PID14FY17 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 Trinity Bluff PID, in accordance with state law.
The improvements and services to be provided in the PID and the costs thereof are as follows:
Improvements Total Budgeted Costs
Management Fee $ 2,000.00
Utilities $ 3,000.00
Landscaping $ 27,600.00
Litter Abatement $ 14,400.00
Marketing $ 1,000.00
Capital Improvements $ 27,000.00
City Administrative Fee $ 2,000.00
Total Expenses $ 77,000.00
The total budgeted costs of the improvements and services are in the amount of$77,000.00. Of this
amount, $61,633.00 will be funded by assessments collected on privately owned parcels located in the
district by applying a rate of$0.10 cents to each $100.00 of property value. The remainder of the costs in
an amount equal to $15,367.00 will be funded by a transfer from unaudited, unassigned fund balance.
The Trinity Bluff PID is located in COUNCIL DISTRICT 9.
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 14 -Trinity Bluff Fund.
FUND IDENTIFIERS (FIDs):
TO
Fund Department ccoun Project Program ctivity Budget Reference # moun
ID ID Year Chartfield 2
FROM
Fund Department �ccounj Project Program ctivity Budget Reference # moun
ID ID Year (Chartfield 2
CERTIFICATIONS:
Submitted for City Manager's Office by. Susan Alanis (8180)
Logname: 13PBD PID 14FY 17 Page 2 of 3
Originating Department Head: Lynda Johnson (6222)
Additional Information Contact: David Reitz (7807)
Logname: 13PBD PID14FY17 Page 3 of 3