HomeMy WebLinkAboutOrdinance 19321-09-2010Ordinance No 19321-09-2010
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL TRUST FUND IN THE AMOUNT OF $7 340 00 FROM AVAILABLE
FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING
ASSESSMENTS, FOR MANAGEMENT AND IMPROVEMENT SERVICES FOR PUBLIC
IMPROVEMENT DISTRICT 8 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 $7 340 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 8 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hereby expressly repealed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,ACTIOIV: Approved on 9/1'4/2010 -Ord. Nos. 19319-09-201.0, 19320-09-2010,
1932'!.-09-2010'
_~
DATE Tuesday September 14 2010 REFERENCE NO BH-257
LOG NAME 17PID08BENHEAR2010
SUBJECT
Conduct a Public Benefit Hearing for Public Improvement District 8 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 Camp Bowie District, Inc. to Manage the District (CAMP BOWIE) (COUNCIL DISTRICTS
3 and 7)
RECOMMENDATION
It is recommended that the City Council
1 Hold a public benefit hearing concerning the proposed special assessments on property located in Fort
Worth Public Improvement District 8 (Camp Bowie Corridor PID) for the Fiscal Year 2010-2011
2 Approve the attached Fiscal Year 2010-2011 budget and five-year service plan for the Camp Bowie
Corridor PID
3 Adopt the attached ordinance levying special assessments on property in the Camp Bowie Corridor
PID subject to assessment;
4 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$367 000 00 in the Special Assessment District Fund (Public Improvement District 8 Fiscal Year 2010-
2011 Project Account) from available funds
5 Authorize the transfer of $7 340 00 for administrative fees from the Special Assessment District Fund
(Public Improvement District 8 Fiscal Year 2010-2011 Project Account) to the Special Trust Fund
contingent upon the adoption of the attached ordinance levying assessments,
6 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund by $7 340 00 from available funds and
7 Authorize the City Manager to execute an agreement with Camp Bowie District, Inc. to provide
management and improvement services for the Camp Bowie Corridor PID during Fiscal Year 2010-2011
for the sum of $73 400 00
DISCUSSION
On December 16 2008 (M&C G-16380) the City Council adopted Resolution No 3697 12 2008 re-
establishing Public Improvement District 8 (Camp Bowie Corridor PID).
Logname: 17PID08BENHEAiR2010 Page 1 of 3
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 Camp Bowie Corridor PID's fund
On August 24 2010 (M&C BH-250) 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 Camp Bowie
Corridor PID in accordance with State law
The improvements and services to be provided in the PID and the costs thereof are
Total
Improvements Budgeted
3 I Costs
Management Fee $73,400 00
Landscape and Maintenance ; $92 650 00
_ ,
Communications/Newsletter _. ,
,.
, $10 000 00
~Marketmg _ ~~
„- _ $33 000.00
_
Economic Development ' ~ $73,223 00
~_
Public Events
' $110 000 00
_. e ..
3~Capital Improvements
_. _ .. _
_::::
$185 000 00
_
Professional Services !
..
_ $98 000 00
Insurance
_~ $4 100 00
~ _
_
Audit
~~ _ r _,~;
.
500 00
$8
,City Administration Fee ,
$7 340 00
;Budget Expenses ~ $695,213 00
Estimated Operating
'Reserve ~ $81 787 00
~~~~~
,,. <_ ..
__
....
Total Expenses ~~ ,$777 000 00
The total budgeted costs of the improvements and services are $777 000 00 Of this amount, $367 000 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 for commercial property The remainder of the
costs, $410 000 00 will be funded by prior years assessments and revenues
The Camp Bowie Corridor PID is located in COUNCIL DISTRICTS 3 and 7
FISCAL INFORMATION /CERTIFICATION
The Financial Management Services Director certifies that upon approval of the above recommendations
and adoption of the attached appropriation ordinances funds wi11 be available in the Fiscal Year 2010-
2011 operating budget, as appropriated of the Special Assessment District Fund and the Special Trust
Fund
Logname: 17PID08BENHEAR2010 Page 2 of 3
FUND CENTERS
TO Fund/Account/Centers
5) 6) FE72 481306 017587001000
6~FE72 511010 017587001000
4) GS87 488342 002508002000
4)GS87 539120 002508002000
FROM FundiAccountlCenters
7 340.00 5 GS87 539120 002508002000 7 340.00
7 340.00 7 GS87 539120 002508002000 $73.400.00
$367,000.00
$367,000.00
CERTIFICATIONS
Submitted for City Manaaer's Office b~
Originating Department Head.
Additional Information Contact:
Logname: 17PID08BENHEAR2010
Thomas Higgins (6192)
Jay Chapa (5804)
Sylvia Flores (8550)
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