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HomeMy WebLinkAboutOrdinance 19329-09-2010Ordinance No 19329-09-2010 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE PUBLIC IMPROVEMENT DISTRICT 14 FISCAL YEAR 2010-2011 PROJECT ACCOUNT OF THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF $29195 00 FROM AVAILABLE FUNDS CONTINGENT UPON ADOPTION OF THE ORDINANCE LEVYING ASSESSMENTS, FOR MANAGEMENT AND IMPROVEMENT SERVICES FOR PUBLIC IMPROVEMENT DISTRICT 14 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 14 Fiscal Year 2010-2011 Project Account of the Special Assessment District Fund in the amount of $29195 00 from available funds, contingent upon adoption of the ordinance levying assessments for Fiscal Year 2010-2011 for management and improvement services for the Public Improvement District 14 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APPROVED AS TO FORM AND LEGALITY Assistant City Attorney ADOPTED AND EFFECTIVE. September 14, 2010 City of Fort Worth, Texas Mayor and Council Communication __ . ,~ _ ~.~a~ ~ -~--~~ _ __ ~_ ~- .. ~ ~~ ~ -~ --~ n~ - ~~~ COUNCIL'°ACTION: Approved on 9M 4/2010 - Ord.'Nos. 19328-09-201:0, 19.329-09-2010, 19330:-09-201.:0 DATE Tuesday September 14 2010 REFERENCE NO BH-260 LOG NAME 17PID146ENHEAR2010 SUBJECT Conduct a Public Benefit Hearing for Fort Worth Public Improvement District 14 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 an Agreement with Downtown Fort Worth Inc. to Manage the District (Trinity Bluff) (COUNCIL DISTRICT 9) 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 14 (Trinity Bluff) for theFiscal Year 2010-2011 2. Approve the attached Fiscal Year 2010-2011 budget and five-year service plan for the Fort Worth Public Improvement District 14 (Trinity Bluff); 3 Adopt. the attached ordinance levying special assessment for property in the Fort Worth Public Improvement District 14 (Trinity Bluff) subject to assessment for the 2010 tax year 4 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $29 195 00 in the Special Assessment District Fund Public lmprovement District 14 Fiscal Year 2010- 2011 Project Account, from available funds, 5 Authorize the transfer of $2 000 00 for administrative fees from the Special Assessment District Fund Public Improvement District 14 Fiscal Year 2009-2010 Project Account, to the Special Trust Fund contingent upon the adoption of the proposed ordinance levying assessments, 6 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Trust Fund by $2 000 00 from available funds, and 7 Authorize the City Manager to execute an Agreement with Downtown Fort Worth Inc, to provide management and improvement services for the Fort Worth Public Improvement District 14 (Trinity Bluff) during Fiscal Year 2010-2011 for the sum of $1 575 00 DISCUSSION On June 16 2009 the City Council adopted Resolution No 3748-06-2009 establishing Fort Worth Public Improvement District No 14 (Trinity Bluff PID) Logname: 17PID14BENHEAR2010 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 adopt the attached ordinance levying the proposed assessments and to adopt the attached appropriation ordinances allocating estimated receipts to the Trinity Bluff PID's fund On August 24 2010 (M&C BH-253) the City Council conducted a public hearing to receive comments on the proposed Fiscal Year 2010-2011 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 Trinity Bluff PID in accordance with State law The improvements and services to be provided in the PID during the Fiscal Year 2010-2011 and the costs thereof are ~I Total Budgeted Improvements '' Costs nt Fee j $1 575 00 Trash Removal !1 $8 443 00 . ~._ .. Marketing (Banners and $14 360 00 Maintenance) _. . ota! Expenses ~} $32,451 00 The total budgeted costs of the improvements are $32,451 00 Of this amount, $29 195 00 will be funded by assessments collected on privately owned parcels located in the district by levying special assessments at a rate of $0 10 cents to each $100 00 of value The remainder of the costs $3,256 00 will be funded from prior year's assessments. The Trinity Bluff PID is located in COUNCIL DISTRICT 9 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 5) 6) FE72 481306 017587001000 FROM Fund/Account/Centers 2 000.00 5) GS87 539120 002514009000 6) FE72 511010 017587001000 2 000.00 7) GS87 539120 002514009000 4) GS87 488342 002514009000 $29.195.00 4) GS87 539120 002514009000 $29.195.00 2 000.00 1 575.00 Logname. 17PID14BENHEAR2010 Page 2 of 3 CERTIFICATIONS Submitted for City Manager's Office by. Thomas Higgins (6192) Originating Department Head. Jay Chapa (5804) Additional Information Contact: Sylvia Flores (8550} Logname: 17PID14BENHEAR2010 Page 3 of 3