HomeMy WebLinkAboutResolution 3105A Resolution
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WHEREAS, on June 8 2004 the City Council of the City of Fort Worth received a
petition for the re establishment and enlargement of the Fort Worth Public Improvement
District No 1 (Downtown) and
WHEREAS, on June 29 2004 the City Council found and determined that such
petition included sufficient signatures and met other requirements of Sections 372 002 and
372 005 of the Public Improvement District Assessment Act, (V T C A Texas Local
Government Code Section 372 001 et seq) (the Act") City Policy regarding the
enlargement of a Public Improvement District and
WHEREAS, the City Secretary of the City of Fort Worth gave written notice and
notice by publication that a public hearing would be held by the City Council on July 20
2004 at 10 00 a m and in accordance with Section 372 009 of the Act and
WHEREAS, the City Council held such public hearing at its regular open public
meeting on July 20 2004 at 10 00 a m and closed the hearing on the same day
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS
1 The City Council after duly considering the evidence and testimony presented
at such public hearing hereby makes the following findings
(a) It is advisable to re establish and enlarge a public improvement district
under Chapter 372 Texas Local Government Code which district shall be known as the
Fort Worth Public Improvement District No 1 (Downtown) ("PID No 1 ')
(b) It is advisable to authorize the City of Fort Worth to exercise the
powers granted by Chapter 372 Texas Local Government Code in connection with the re
establishment of PID No 1 including the undertaking of improvements projects and/or
services that confer a special benefit on property in the district and the levying and
collection of special assessments on property in the district, based on the benefit conferred
by the improvement project and/or services to pay the costs of such project and/or
services
(c) It is advisable for improvements and/or services to be undertaken and
provided by the district
(d) The general nature of the improvements and/or services of the district
shall include
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(1) An improvement district maintenance program consisting of supplemental street
sweeping, sidewalk sweeping, sidewalk cleaning and supplemental trash receptacle
pickup
(2) An improvement district promotions program consisting of recreational and cultural
enhancements and activities, and the staging or monitoring of special recreational and
cultural events.
(3) An improvement district marketm~ and communications prop ani consisting of
advertising, marketing and communications program, marketing events and cooperative
merchandizmg m cooperation with other Fort Worth organizations and non-profits.
(4) An improvement district securrt~enhancement program consisting of the funding of the
tack, veterinary supplies, feed and incidentals for the mounted patrol operating in the
Central Business District; monitoring the existing bicycle, cruiser and mounted police
officers to insure adequate coverage of the proposed district; a public relations crime
prevention campaign, when necessary a public/private security force coordination
program, and other security related projects on an as needed basis, when funds are
available
(5) An improvement district transportation and parking_plannma program consisting of a
Transportation Management Organization, parking coordination and management where
ever feasible• way finding planning and projects, interface planning between various
transportation modes and land uses, and grantsmanship to develop and implement
transportation and parking related programs which solve identified problems m the
district; a circulator system between the mayor developments in the west area of the
Downtown and the core retail area, when ever feasible.
(6) An improvement district management program to provide for the establishment,
administration and operation of the proposed new District including the expanded area of
the district.
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(e) A prehmmary estimate of the cost of the improvements and/or services of the district
during the first year of operation (FY 2004-OS) is
(1) maintenance program
(2) promotions program
(3) marketing and communications program
(4) security enhancement program
(5) transportation and parking planning program
(6) management program
$775,940
20 000
103,520
27,580
125,368
277,592
Total $1,330 000
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The cost of such improvements and/or services in subsequent years will be determined in
accordance with the service plan adopted by the Crty Council.
(f) The boundaries of the improvement district shall be
The area bounded by Cummings Street, Bluff Street, Elm Street, Belknap Street, Nichols
Street, Weatherford Street and the AT & SF Railroad tracks on the east; Lancaster Street,
Texas Street, Florence Street, and 10th Street on the south, and the Trinity River on the
west and north. Such area is more particularly shown on a map which is filed of record
in the Fort Worth Crty Secretary Office.
(g) The method of assessment shall be
(1) A service plan shall be approved and adopted by the Crty Council for a period of
not less than five years. The plan will be reviewed and updated annually by the Crty Council to
determine the annual budget for improvements and/or special supplemental services wrthm the
district.
(2) The cost of an improvement and/or special supplemental service will be assessed
against real property wrthm the district according to the value of such property as determined by
the Crty Council, including the value of structures or other improvements on the property
(3) During the five year term of the district, the annual assessments against real
property in the district will not exceed an amount equal to 14 0 cents per $100 of the value of
such property as determined by the City Council, including the value of structures or other
improvements on the property
(h) The apportionment of costs between the district and the City as a whole shall be
(1) All of the costs of an improvement and/or service will be paid by special
assessments against real property and structures or other improvements thereon in the district.
(2) The Crty of Fort Worth will be responsible for the payment of assessments on
exempt Crty-owned real property and structures or other improvements thereon in the district.
The payment of assessments, if any on property owned by other exempt jurisdictions will be
established by contract. The Crty as a whole will continue to provide the standard improvements
and services to the district as referred to in paragraph 1 (d) above. If it does not, a mutually
agreed upon amount for discontinued services will be paid to the contractor so the contractor can
have the work done
(3) The Crty Council of the Crty of Fort Worth shall be authorized to establish by
ordinance reasonable classifications, formulas and methods for assessing special benefits for
various classes of improvements and/or services.
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(4) The probable maximum benefits to be conferred on each tract in the district
because of the improvements and/or services will be greater than the amount of the assessment
against such tract and the owners thereof.
(i) The district will exist for five years immediately following adoption of this Resolution
unless property owners m the district petition the City Council for re-establishment of the district, or
unless the district is sooner terminated as provided by law
(j) the area to be assessed may not include any property not within the area described in
paragraph 1 (f) unless there is an additional hearing pursuant to Section 372.009 of the Act, preceded by
the required notice
2. The Fort Worth Public Improvement District No 1 (Downtown) is authorized to be and
is hereby re-established and enlarged as a public improvement district under Chapter 372, Texas Local
Government Code, in accordance with the above findings as to the advisability of the improvements
and/or services. The district will be subject to all conditions, hmrtations and reservations contained m
such findings.
3 The Crty Secretary is hereby directed to give notice of authorization for re-establishment
of the district by publishing a copy of this Resolution once m a newspaper of general circulation in the
Crty of Fort Worth. Such authorization shall take effect and the district shall be deemed to be re-
established effective upon the publication of such notice.
4 The Crty Manager is hereby authorized and directed to prepare specifications and to
negotiate a proposed contract with Downtown Fort Worth, Inc for the improvements and/or services to
be provided by the district under this Resolution and the service, improvement and assessment plan
adopted by the City Council.
5 No actual construction or improvements or implementation of services by the district
shall begin until at least 20 days after authorization for the district takes effect.
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6 The distract shall be a complete alternative to other methods by which the City of Fort
Worth may finance public improvements and/or special supplemental services by assessing property
owners.
ADOPTED this 20t" day of July 2004
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Mayor
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Fort Worth Improvement District No 1 (Downtown)
2004-2005 BUDGET
Revenues. Private Property Assessments $ 900 000
City Property Assessments 146 760
City Payments in lieu of Services 122 640
PID Generated Revenue 95 100
Interest 8 500
Loan on future assessments 60,000
Total $ 1 333 000
Expenses Maintenance and Landscaping
Salaries and Wages $ 16 385
Contractual Services 754 765
Other Expenses 4 790
Capital Outlays
Total $ 775 940
Promotions
s
Parade of Lights $ 20 000
Security Enhancement
Salaries and Wages $ 16 385
Operations and Supplies 2 800
Contractual Services 5 600
Other Expenses 2,795
Marketing
Total $ 27 580
Salaries and Wages $ 64 915
Operations and Supplies 7 636
Contractual Services 25 719
Other Expenses 5,250
Total $ 103 520
Transportation and Parking Planning
Salaries and Wages $ 78 225
Operations and Supplies 4 250
Contractual Services 41 000
Other Expenses 1,893
Administration
Salaries and Wages
Employee Benefits
Operations and Supplies
Contractual Services
Other Expenses
Grand Total
Total $ 125 368
$ 156 546
45 646
7 700
60 000
7,700
Total $ 277 592
$ 1 330 000