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HomeMy WebLinkAboutOrdinance 22873-09-2017 Ordinance No. 22873-09-2017 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FISCAL YEAR 2017-2018 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 12 — CHAPEL HILL FUND IN THE AMOUNT OF $61,431.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING SPECIAL ASSESSMENTS FOR THE 2017 TAX YEAR, FOR THE PURPOSE OF PROVIDING MANAGEMENT AND IMPROVEMENT SERVICES FOR THE CHAPEL HILL PUBLIC IMPROVEMENT DISTRICT DURING FISCAL YEAR 2017-2018; 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 2017-2018 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fiscal Year 2017-2018 Fort Worth Public Improvement District 12—Chapel Hill Fund in the amount of$61,431.00, from available funds, contingent upon the adoption of the ordinance levying special assessments for the 2017 Tax Year, for the purpose of providing management and improvement services for the Chapel Hill Public Improvement District during Fiscal Year 2017-2018. 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, 2017, and ending September 30, 2018, 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRETA Tyler Hach, Assistant City Attorney ary J. 7l./ ADOPTED AND EFFECTIVE: September 12, 2017 City of Fort Worth Five Year Service Plan Public Improvement District No.12-Chapel Hill FY17/18 FY18/19 FY19/20 FY20/21 FY21/22 REVENUES PID Assessments $61,431 $63,888 $66,444 $69,102 $71,866 Budget Revenues $61,431 $63,888 $66,444 $69,102 $71,866 Use of Fund Balance 21,212 - - - - Total Revenues $82,643 $63,888 $66,444 $69,102 $71,866 EXPENSES Management Fee 8,000 8,000 8,000 8,000 8,000 Utilities 903 1,080 1,167 1,261 1,361 Water 32,000 32,960 33,619 34,291 34,976 Landscaping 12,300 12,300 12,700 13,530 14,000 Pond Maintenance 2,340 2,340 2,450 2,450 2,540 Communications 100 100 100 100 100 Capital Improvements 22,000 5,000 1,500 1,500 1,500 Common Area Maintenance&Repairs 3,000 2,500 2,500 2,500 2,500 Financial Audit - - - - City Administrative Fee 2,000 2,000 2,000 2,000 2,000 Budget Expenses 82,643 66,280 64,036 65,632 66,977 Contribution to Fund Balance - - - - - Total Expenses $82,643 $66,280 $64,036 $65,632 $66,977 FORTWORTH. Chapel Hill Public Improvement District p p r . 4 nom. r 7 ti i - �3b 'diDti, ;d,'1.f~JL,H i - C—i i'fr C' r r J 1. r +rl t LEGEND N "'-" Vis_ ssa wY q ` '� PID 12 - CHAPEL HILL 0 0.225 0.45 0.9 Miles N" i I�3'y Premed on:August 19 2014 COPYRIGHT 2014 CITY OF FORT WORTH. UNAUTHORIZED REPRODUCTION IS A VIOLATION OF APPLICABLE LAWS. THIS PRODUCT IS FOR INFORMATIONAL PURPOSES AND MAY NOT HAVE BEEN PREPARED FOR OR BE SUITABLE FOR LEGAL, ENGINEERING, OR SURVEYING PURPOSES.IT DOES NOT REPRESENTAN ON-THE-GROUND SURVEYAND PRESENTS ONLY THE APPROXIMATE RELATIVE LOCATION OF PROPERTY BOUNDARIES. THE CITY OF FORT WORTH ASSUMES NO RESPONSIBILITY FOR THE ACCURACY OF SAID DATA. City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/12/2017 - Ordinance Nos. 22872-09-2017, 22873-09-2017 22874-09-2017 DATE: Tuesday, September 12, 2017 REFERENCE NO.: BH-369 LOG NAME: 03PBD PID12FY18 SUBJECT: Conduct Public Benefit Hearing for Public Improvement District 12, Chapel Hill PID, Approve Fiscal Year 2017-2018 Budget and Five-Year Service Plan in the Amount of$82,643.00, Approve Tax Year 2017 Assessment Roll, Adopt Ordinance Levying Special Assessments for the 2017 Tax Year at a Rate of$0.19 Per Each $100 of Property Value, Adopt Ordinance Increasing Estimated Receipts and Appropriations in the Fort Worth Public Improvement District 12 - Chapel Hill Fund in the Amount of$61,431.00, Adopt Ordinance Increasing Appropriations in the Fort Worth Public Improvement District 12 - Chapel Hill Fund in the Amount of$21,212.00 and Reducing the Unaudited, Unassigned Fund Balance by the Same Amount, and Authorize Execution of an Agreement with RTI Community Management Associates, Inc., in the Amount of$8,000.00 to Manage the District (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council: 1. Conduct a public benefit hearing concerning the proposed special assessments on the property located in Public Improvement District 12, Chapel Hill Public Improvement District for the 2017 tax year; 2. Approve the attached Fiscal Year 2017-2018 Budget and Five-Year Service Plan for the Chapel Hill Public Improvement District in the amount of$82,643.00; 3. Approve the Tax Year 2017 Assessment Roll for the Chapel Hill Public Improvement District, on file with the City Secretary; 4. Adopt the attached ordinance levying special assessments on the property located in the Chapel Hill Public Improvement District for the 2017 tax year at a rate of$0.19 per each $100 of property value; 5. Adopt the attached ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 12 - Chapel Hill Fund in the amount of$61,431.00, from available funds; 6. Adopt the attached ordinance increasing appropriations in the Fort Worth Public Improvement District 12 - Chapel Hill Fund in the amount of $21,212.00, and reducing the unaudited, unassigned fund balance by the same amount; and 7. Authorize the execution of an Agreement with RTI Community Management Associates, Inc., in the amount of $8,000.00 to provide management and improvement services for the Chapel Hill Public Improvement District during Fiscal Year 2017-2018. DISCUSSION: Un March 13, 1UU4, the uty Council adopted Resolution No. 3MU establisning Fort Worth Nublic Logname: 03PBD PID12FY18 Page I of 3 Improvement District 12 (Chapel Hill PID). The purpose of this benefit hearing is to receive comments from the public regarding the 2017-2018 Fiscal Year Budget and Five-Year Service Plan for the Chapel Hill PID and the proposed assessments to be levied on each property in the Chapel Hill PID for the 2017 tax year. Following the public hearing, it is recommended that the City Council approve the 2017 Tax Roll for the Chapel Hill PID, approve the attached Budget and Five-Year Service Plan of the Chapel Hill PID, adopt the attached ordinance levying the proposed assessments, and adopt the attached ordinances increasing estimated receipts and appropriations to the Fort Worth Public Improvement District 12 —Chapel Hill Fund . On August 29, 2017, Mayor and Council Communication (M&C BH-363) the City Council conducted a public hearing to receive comments on the proposed 2017-2018 Fiscal Year Budget and Five-Year Service Plan for the Chapel Hill PID. Notice of this benefit hearing was published in the Fort Worth Star Telegram and mailed to all record owners of property in the Chapel Hill PID, in accordance with state law. The improvements and services to be provided in the Chapel PID and the costs thereof are as follows: Improvements Total Budgeted Costs Management Fee $8,000.00 Utilities $903.00 Water $32,000.00 Landscaping $12,300.00 Pond Maintenance $2,340.00 Communications $100.00 Capital Improvements $22,000.00 Common Area Maintenance & Repairs $3,000.00 Financial Audit $0.00 City Administrative Fee $2,000.00 Total Expenses $82,643.00 The total budgeted costs of the improvements and services are in the amount of$82,643.00. Of this amount, $61,431.00 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. The remainder of the costs in an amount equal to $21,212.00 will be funded by a transfer from unaudited, unassigned fund balance. The Chapel Hill PID is located in COUNCIL DISTRICT 7. FISCAL INFORMATION /CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and the adoption of the Fiscal Year 2017-2018 Budget by the City Council, funds will be available in the Fiscal Year 2018 operating budget, as appropriated, of the Fort Worth Public Improvement District 12 - Chapel Hill Fund. FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 FROM Fund Department ccoun Project JProgram ctivity Budget Reference # moun ID ID Year Chartfield 2 Logname: 03PBD PID12FY18 Page 2 of 3 CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Originating Department Head: Lynda Johnson (6222) Additional Information Contact: Terry Hanson (7934) Logname: 03PBD PID 12FYI8 Page 3 of 3