HomeMy WebLinkAboutOrdinance 18273-09-2008Ordinance No. 18273-09-2008
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
SPECIAL TRUST FUND IN THE AMOUNT OF $2,000.00 FROM AVAILABLE FUNDS
CONTINGENT UPON THE ADOPTION OF THE FISCAL YEAR 2008-2009 BUDGET FOR THE
PURPOSE OF FUNDING THE FY08-09 PUBLIC IMPROVEMENT DISTRICT ADMINISTRATION
BY THE ECONOMIC AND COMMUNITY DEVELOPMENT DEPARTMENT; PROVIDING FOR A
SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR
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 2008-
2009 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 $2,000.00 from available funds
contingent upon adoption of the Fiscal Year 2008-2009 budget for the purpose of funding the
FY08-09 PID Administration by the Economic and Community Development Department.
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, 2008, and
ending September 30, 2009, 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ordinances and appropriations are hereby expressly repealed.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 Attorn
ADOPTED AND EFFECTIVE: September 9, 2008
Ci#~ ~f F®r~ Vv®r-~h, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 9/9/2008 -Ord. No. 18271-09-2008, 18272-09-2008, and
18273-09-2008
DATE: Tuesday, September 09, 2008
LOG NAME: 17PID12BENHEAR REFERENCE NO.: BH-239
SUBJECT:
Benefit Hearing for Fort Worth Public Improvement District 12 (Chapel Hill) Concerning Proposed
Budget and Five Year Service Plan, Adoption of the 2008 Assessment Roll, Adoption of Ordinance
Levying Assessments, and Adoption of Appropriation Ordinances to Increase Estimated Receipts in
the Special Assessment District Fund and Special Trust Fund for Fiscal Year 2008-2009; and
Authorize Execution of an Agreement with Chapel Hill of Fort Worth Community Association, Inc.,
and RTI/Communities Management Associates, Inc., to Manage the District
RECOMMENDATION:
It is recommended that the City Council:
1. Hold a benefit hearing concerning the proposed special assessments on property located in Fort Worth
Public Improvement District 12 for Fiscal Year 2008-2009;
2. Approve the attached Public Improvement District 12 budget and five-year service plan for Fiscal Year
2008-2009;
3. Adopt the proposed 2008 assessment roll for Public Improvement District 12;
4. Adopt the attached ordinance which levies the proposed assessment for property located in Public
Improvement District 12 for Fiscal Year 2008-2009;
5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$56,000.00 in the Special Assessment District Fund (Public Improvement District 12 Fiscal Year 2008-2009
Project Account) from available funds;
6. Authorize the transfer of $2,000.00 for administrative fees from the Special Assessment District Fund
(Public Improvement District 12 Fiscal Year 2008-2009 Project Account) to the Special Trust Fund
contingent upon the adoption of the proposed 2008 assessment roll;
7. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund by $2,000.00 from available funds; and
8. Authorize the City Manager to execute an agreement with Chapel Hill of Fort Worth Community
Association, Inc., and RTI/Communities Management Associates, Inc., to provide management and
improvement services for Public Improvement District 12 during Fiscal Year 2008-2009 for the sum of
$10, 000.00.
DISCUSSION:
Logname: 17PID12BENHEAR Page 1 of 3
On March 23, 2004, the City Council adopted Resolution No. 3060 establishing Fort Worth Public
Improvement District No. 12 (PID 12).
The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2008-
2009 proposed assessments to be levied on each property in PID 12, to adopt an ordinance levying the
proposed assessments and to adopt an appropriation ordinance allocating estimated receipts to the
District's fund.
On August 19, 2008, (M&C G-16246) the City Council conducted a public hearing to receive comments on
the proposed Fiscal Year 2008-2009 five-year service plan and budget (attached), and provided notice of
this benefit hearing.
The improvements and services to be provided and the costs thereof are:
Improvement Total Budgeted Costs
Management Fee $10,000.00
Utilities $6,500.00
Landscape Maintenance Program $36,000.00
Communications/Newsletters $500.00
Marketing $1,200.00
Social Programs/Holiday Lighting $4,000.00
Capital Improvements $4,000.00
Replacements $7,000.00
Insurance $6,000.00
Annual Review $800.00
City Administration 2 000.00
Total $78,000.00
The total budgeted costs of the improvements are $78,000.00. Of this amount, $56,000.00 will be funded
by assessments collected on privately owned parcels located in the district by applying a rate of $0.19
cents to each $100.00 of property value for residential property.
The remainder of the costs, $22,000.00, will be funded by other revenue sources, including:
$1,000.00 from the Chapel Hill Venture LLLP Subsidy
$21,000.00 from prior year's assessments
Based on the appraised value of the property and considering the benefits to be received from the
proposed improvements, it is the opinion of the City staff that an amount equal to or more than the
proposed assessments, upon completion of the improvements will enhance each parcel of property in
value.
PID 12 is commonly known as the "Chapel Hill PID" and is located in COUNCIL DISTRICT 7.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that upon approval of the above recommendations and adoption of the
attached appropriation ordinances, funds will be available in the Fiscal Year 2008-2009 operating budget,
as appropriated, of the Special Assessment District Fund, and the Special Trust Fund.
Logname: 17PID 12BENHEAR Page 2 of 3
TO Fund/Account/Centers
6)7)FE72 481306 017587001000
5) GS87 488342 002512003000
5) GS87 539120 002512003000
7)FE72 511010 017587001000
Submitted for City Manager's Office b~
Originating Department Head:
Additional Information Contact:
FROM Fund/Account/Centers
2 000.00 6~ GS87 539120 002512003000
$56,000.00 8) GS87 539120 002512003000
$56.000.00
2 000.00
Tom Higgins (6140)
Jay Chapa (6192)
Sylvia Flores (8550)
2 000.00
$10,000.00
Lognarne: 17PID12BENHEAR Page 3 of 3