HomeMy WebLinkAboutOrdinance 19315-09-2010Ordinance No 19315-09-2010
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL TRUST FUND IN THE AMOUNT OF $23174 00 FROM AVAILABLE
FUNDS CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING
ASSESSMENTS, FOR MANAGEMENT AND IMPROVEMENT SERVICES FOR PUBLIC
IMPROVEMENT DISTRICT 6 DURING FISCAL YEAR 2010-2011 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 2010-2011 in the
Budget of the City Manager there shall also be increased estimated receipts and appropriations in the
Special Trust Fund in the amount of $23,174 00 from available funds, contingent upon the adoption of the
ordinance levying assessments for Fiscal Year 2010-2011 for management and improvement services for
the Public Improvement District 6 during Fiscal Year 2010-2011
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 2010 and ending
September 30 2011 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hereby expressly repealed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.
APP VED AS TO FORM AND LEGALITY
Assistant City Attorney
ADOPTED AND EFFECTIVE. September 14. 2010
City of Fort Worth, Texas
Mayor and Council Communication
CiDUNCIL ACTION: Approved on 9/14/2010 - Ordl. Nos. 19313-09-2010, 19314-09-2010,
19315=09.2010
~~--~~--~- ~ ~ ~ a,
DATE Tuesday September 14 2010
LOG NAME 17PID06BENHEAR2010
REFERENCE NO BH-255
SUBJECT
Conduct a Public Benefit Hearing for Fort Worth Public Improvement District 6 Concerning the Proposed
Budget and Five-Year Service Plan and Proposed Assessment Roll Adopt Ordinance Levying Special
Assessments for 2010 Tax Year Adopt Appropriation Ordinances to Increase Estimated Receipts in the
Special Assessment District Fund and Special Trust Fund for Fiscal Year 2010-2011 and Authorize
Execution of Agreement with Premier Communities Management Company to Manage the District (Park
Glen) (COUNCIL DISTRICT 4)
RECOMMENDATION
It is recommended that the City Council
1 Hold a public benefit hearing concerning the proposed special assessments on property located in
Public Improvement District 6 (Park Glen PID) for Fiscal Year 2010-2011
2. Approve the attached Fiscal Year 2010-2011 budget and five-year service plan for the Park Glen PID•
3 Adopt the attached ordinance levying special assessments on property located in the Park Glen PID
subject to assessment for the 2010 tax year
4 Authorize the transfer of $136 558 00 from the General Fund to the Special Assessment District Fund
(Public Improvement District 6 Fiscal Year 2010-2011 Project Account) for the City's payment in-lieu of
services,
5 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$1 295,241 00 in the Special Assessment District Fund (Public Improvement District 6 Fiscal Year 2010-
2011 Project Account) from available funds
6 Authorize the transfer of $23 174 00 for administrative fees from the Special Assessment District Fund
(Public Improvement District 6 Fiscal Year 2010-2011 Project Account) to the Special Trust Fund
contingent upon the adoption of the proposed ordinance levying. assessments,
7 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund by $23 174 00 from available funds, and
8 Authorize the City Manager to execute an agreement with Premier Communities Management
Company to provide management and improvement services for the Park Glen PID during Fiscal Year
2010-2011 for the sum of $100,246 00
Logname. 17PID06BENHEAR2010 Page 1 of 3
DISCUSSION
On September 22 1998 the City Council adopted Resolution No 2453 establishing Public Improvement
District No 6 (Park Glen PID).
The purpose of this benefit hearing is to receive comments from the public regarding the 2010-2011 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 2010 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 adopt the attached ordinance
levying the proposed assessments and adopt the attached appropriation ordinances allocating estimated
receipts to the Park Glen PID's fund
On August 24 2010 (M&C BH-248) the City Council conducted a public hearing to receive comments on
the proposed 2010-2011 Fiscal Year budget and five-year service plan and budget for the PID Notice of
this benefit hearing was published in the newspaper 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 2010-2011 Fiscal Year and the costs
thereof are
Improvements ~~ Total Budgeted
Costs
Management Fee ~ $100,246 00'
Water
_ ( $230 368 00
.~. _
Utilities
~ ................. ..._. _. . _..._
_ . ..__.
1
$15 570 00
Landscape/Tree
Maintenance ~ $578 438 00f
~_. _ _
Trash Removal
__ ,.: _
: W.mm
_..___. _.:::.: _.. ~: _
-~- - .
i $19 471 00
_
.
_ _
Fence Maintenance .
_..,.
~:...
$118,250 00"
__
i~Holiday Lighting _ ___
~ $15 532 DO
ISecunt Patrols i
__
W ~.~
$126 038 00
-
;Communications/Newsletters _. _
_.._
~ $18 853
00
~~Public Events
__ _ . _ ~~
Capital Improvements ~ .
~ $25 000 00
_
$89 432 00
~iR~eplacements _
l $10 000 00
Inslns nce _ _
~!
:
I
-: [ .~~ 1 __.. _~_. __.
9
693 00
$
....
_._..~~.
.__ -
'Annual Review (Audit) ..
...
_:::::.
~ $2 001.00
'City Administration Fee '
_ __- _ ...._.__ ~.__... _ ...___W_~~.......~ ~..... ~~ $23 174 00
';Budget Expenses ~ $1,392,066.00
_
.
;Estimated Operating
'rReserve _
__
$339 811 00
Total Expenses '~ .,,,,,,,,
$1,731,877 00'
The total budgeted costs of the improvements and services are $1 731 877 00 Of this amount,
$1 158 683 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 $ 035
Logname• 17PID06BENHEAR2010 Page 2 of 3
cents to each $100 00 of property value for commercial property The remainder of the costs,
$573 193 00 will be funded by other revenue sources including $136 558 00 in a direct payment from the
City for payment in lieu of services, and $436 636 00 from prior years' assessments and revenues
The Park Glen PID is located in COUNCIL DISTRICT 4
FISCAL INFORMATION /CERTIFICATION
The Financial Management Services Director certifies that upon approval of the above recommendations
and adoption of the attached appropriation ordinances funds will be available in the Fiscal Year 2010-
2011 operating budget, as appropriated of the Special Assessment District Fund and the Special Trust
Fund
FUND CENTERS
TO Fund/Account/Centers
7)FE72 511010 017587001000
6) 7) FE72 481306 017587001000
4)5)GS87 488010 002506002000
5) GS87 488342 002506002000
GS87 539120 002506002000
FROM Fund/Account/Centers
$23.174.00 6) GS87 539120 002506002000
$23.174.00 8) GS87 539120 002506002000
$136.558.00 4) GG01 539120 0801000
$1,158, 683.00
$1,295.241.00
$23,174.00
$100,246.00
$136, 558.00
CERTIFICATIONS
Submitted for City Manager's Office b~ Thomas Higgins (6192)
Originating Department Head. Jay Chapa (5804)
Additional Information Contact: Sylvia Flores (8550)
Logname: 17PID06BENHEAR2010 Page 3 of 3