HomeMy WebLinkAboutOrdinance 19317-09-2010Ordinance No 19317-09-2010
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE PUBLIC IMPROVEMENT DISTRICT 7 FISCAL YEAR 2010-2011 PROJECT
ACCOUNT OF THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF
$1 461 664 00 FROM AVAILABLE FUNDS CONTINGENT UPON THE ADOPTION OF
THE ORDINANCE LEVYING ASSESSMENTS FOR MANAGEMENT AND
IMPROVEMENT SERVICES FOR PUBLIC IMPROVEMENT DISTRICT 7 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
Public Improvement District 7 Fiscal Year 2010-2011 Project Account of the Special Assessment District
Fund in the amount of $1 461 664 00 from available funds, contingent upon the adoption of the ordinance
~- levying assessments for Fiscal Year 2010-2011 for management and improvement services for the Public
Improvement District 7 during Fiscal Year 2010-2011
SECTION 2.
That should any portion, section or part of a section of this ordinance be declared invalid inoperative or void
for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way
impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining
provisions shall be and remain in full force and effect.
SECTION 3
That this ordinance shall be incorporated into the ordinance effecting the budget of the municipal
government of the City of Fort Worth for the ensuing Fiscal Year beginning October 1 2010 and ending
September 30 2011 and all other ordinances and appropriations amending the same except in those
instances where the provisions of this ordinance are in direct conflict with such other ordinances and
appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are
hereby expressly repealed.
SECTION 4
This ordinance shall take effect upon adoption
APPR VED AS TO FORM AND LEGALITY
Assistant City Attorney
ADOPTED AND EFFECTIVE. September 14, 2010
City of Fort Worth, Texas
Mayor and Council Communication
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COUNCIL ACTION: Approved on 9/14/2010 -Ord'. Nos. 19316-09-2010, .1..9317-09-2010,
1931$-09-2010
DATE Tuesday September 14 2010
LOG NAME 17PID07BENHEAR2010
REFERENCE NO BH-256
SUBJECT
Conduct a Public Benefit Hearing for Public Improvement District 7 Concerning Proposed 2010-2011
Budget and Five-Year Service Plan and Proposed Assessment Roll Adopt Ordinance Levying Special
Assessments for the 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 an Agreement with Premier Communities Management Company to Manage the District
(HERITAGE) (COUNCIL DISTRICT 2)
RECOMMENDATION
It is recommended that the City Council
1 Conduct a public benefit hearing concerning the proposed special assessments on property located in
Public Improvement District 7 (Heritage PID) for Fiscal Year 2010-2011
2 Approve the attached 2010-2011 Fiscal Year budget and five-year service plan for the Heritage PID•
3 Adopt the the attached ordinance levying special assessment on property in the Heritage PID subject
to assessment in the 2010 tax year
4 Authorize the transfer of $168 545 00 from the General Fund to the Special Assessment District Fund
(Public Improvement District 7 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
$1 461 664 00 in the Special Assessment District Fund (Public Improvement District 7 Fiscal Year 2010-
2011 Project Account) from available funds,
6 Authorize the transfer of $25 862 00 for administrative fees from the Special Assessment District Fund
(Public Improvement District 7 Fiscal Year 2010-2011 Project Account) to the Special Trust Fund
contingent upon the adoption of the attached ordinance levying assessments,
7 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund by $25 862.00 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 Heritage PID during Fiscal Year
2010-2011 for the sum of $149 472.00
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DISCUSSION
On September 26 2000 the City Council adopted Resolution No 2675 (M&C G-13021) establishing Fort
Worth Public Improvement District No 7 (Heritage 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 Heritage PID's fund
On August 24; 2010 (M&C BH-249} the City Council conducted a public hearing to receive comments on
the proposed 2010-2011 Fiscal Year budget and five-year service plan for the PID Notice of this benefit
hearing was published in the newspaper and mailed to all record owners of property in the Heritage 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
mprovements '~ Total Budgeted
Costs
Management Fee ~ $149 472 001
Water
..~.... ~~ $240 000 OOi~
Utilities ~ $29 400 00
_...... _~_..... _.._..__~_.... ..w
Landscape/Tree ..__... ~........
Maintenance
~e $762,295 00
_ _
Fence Maintenance
_
_ $60 000 00
~
_~
Holiday„Lighting ~ $25 000 00}
Security Patrois ~ $50 0 0
Public_Events W _
_ .. ~ $20 000 OO
Capital Improvements $200 000 00;~
Common Area $87 000 00
Maintenance
_ __ .._ _
Insurance
_ ~.
~- $3 946 00
::.~
,:.
Annual Review ;
~. __
~ $2 000 00
City Administration ~ $25 862 OO j
Budget Expenses ~ $1,654,975 OO,i
__.
--
;Estimated Operating
$413 744 00~
Reserve
~ ....
Total Expenses ___
$2,068,719 00~
The total budgeted costs of the improvements are $2 068 719 00 Of this amount, $1,293 119 00 will be
funded by assessments collected on privately owned parcels located in the district by applying a rate of
$0 21 cents to each $100 00 of property value for residential property and $0 11 cents to each $100 00 of
property value for commercial property The remainder of the costs $775 599 00 will be funded by other
revenue sources, including $168 545 00 in a direct payment from the City for payment in lieu of services
Logname• 17PID07BENHEAR2010 Page 2 of 3
$12 000 00 from the District's Builder Assessment of $200 00 per lot; and $595 054 00 from prior year's
assessments.
The Heritage PID is located in COUNCIL DISTRICT 2.
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 FundlAccount/Centers FROM FundlAccount/Centers
7) FE72 481306 017587001000 $25,862.00 6 GS87 539120 002507002000 $25,862.00
7) FE72 511010 017587001000 $25,862.00 8) GS87 539120 002507002000 $149,472.00
4) 5) GS87 488010 002507002000 $168,545.00 4) GG01 539120 0801000 $168,545.00
5) GS87 488342 002507002000 $1,293,119.00
5) GS87 539120 002507002000 $1,461,664.00
CERTIFICATIONS
Submitted for City Manager's Office bv: Thomas Higgins (6192)
Originating Department Head. Jay Chapa (5804)
Additional Information Contact: Sylvia Flores (8550)
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