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HomeMy WebLinkAboutResolution 2676A Resolution ~ 6 T6 ESTABLISHING FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 8 (THE CAMP BOWIE DISTRICT) AND TAHING CERTAIN OTHER ACTIONS CONCERNING THE DISTRICT WHEREAS on July 18, 2000 the City Council of the City of Fort Worth received a petition. for the establishment of the Fort Worth Public Improvement District No 8 and WHEREAS on August 29 2000 the City Council found and determined that the petition ,included sufficient signatures and met other requirements of Sections 372.002 and 372 005 of the Public Improvement Distract Assessment Act, (V T C.A., Texas Local Government Code, Section 372 001 et seq) (the Act") and WHEREAS the City Secretary of the City of Fort Worth gave notice of the September 26 2000 public hearing in accordance with the Act; and WHEREAS the City Council held the public heanng at rts regular open and public meeting at 10 00 a.m. on September 26 2000 concerning the following matters a. the advisability of estabhslung a public improvement distract; b the general nature of the proposed improvements and services, c the estimated costs of the proposed improvements andlor supplemental services; d. the boundaries of the improvement distract; e. the proposed method of assessment; and f. the proposed apportionment of costs between the improvement district and the municipality as a whole; and WHEREAS the City Council closed the public heanng on the same day NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS Section 1 The City Council, after duly considering the evndence and testimony presented at such public heanng, hereby makes the following findings a. It is advisable to establish a public improvement distract under the Act, which district shall be known as the Fort Worth Public Improvement Distract No 8 ("PIDB") CITY OF FORT WORTH 2 b It is advisable to authorize the City of Fort Worth ("City") to exercise the powers granted by the Act, m connection with the establishment of PID8 including the undertaking of improvement projects and/or services that confer a special benefit on property m the district and the levying and collection of special assessments on property m the distract, 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 for by PID8 d. The general nature of the improvements and/or services of PID8 shall include (1) A coordinated marketing/promotion and special event program designed to retain and attract increased customer traffic to the district. To ensure economic vitality of Camp Bowie business activities will include pooling and targeting marketing budgets, identifying, coordinating, and sponsoring special sales events and seasonal events that attract a critical mass of shoppers and new customers to the comdor (2) A coordinated communication and information program consisting of systems to improve the formal and informal communication between businesses, ad~ommg neighborhoods, the City and others. Newsletters, electronic communications, key contact and mailing fists, clearinghouse hot lines and other programs will be implemented. (3) A planned and coordinated capital improvement, clean up and beautification program consisting of the distract working with the City property owners and ad~ommg neighborhoods to identify an annual program of capital improvements. PID8 funds will be used to improve the public right of way areas to include seasonal plantings at key gateways and image areas, signs and information systems, improved street furniture to include ornamental lighting, benches, banners and other elements unique to the Camp Bowie comdor (4) A general office and administrative program consisting of A staff available every day all day" One key advantage and objective of PID8 is to make sure that there is a key person available to respond to the unique CITY OF FORT WORTH 3 needs of PID8 businesses and related neighborhood issues every day all day" The proposed improvement and/or services will be a supplement to the standard existing level of city improvements and/or services and will constitute an added increment to the improvements and/or services currently provided by City of Fort Worth to taxpayers generally During the three year term of the district, the Crty will continue to furnish or pay for the standard services m PID8 at the same level as they would be provided for the taxpayers generally e. The estimated cost of the improvements and/or services of the district during the first year of operation (FY 2000-2001) is. (1) Coordinated marketing/promoting and special events programs $60,000 (2) Coordinated communication and information program 33 000 (3) Planned and coordinated capital improvement, clean up and beautification programs 110 000 (4) General office and administrative 41,000 Total $244 000 The budget and service plan, attached and incorporated as Exhibit A represents the improvement/services to be provided for the first five years (including the two year contingency plan upon the dissolution of PID 8 after its three year term} The total costs of the improvements/services will be paid from assessments. f:. The cost of such improvements and/or services m subsequent years will be determined m accordance with the service plan adopted by the Crty Council. g. The boundaries of PID8 are shown on the map on file in the Office of the City Secretary h. 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 City Council to determine the annual budget for improvements and/or special supplemental services wrthm PID8 (2) The cost of an improvement and/or special supplemental service will be assessed against real property wrthm PID8 according to the value of the property including improvements, as determined by the Crty Council. CITY OF FORT WORTH 4 (3) Durang the three year term of PID8 the annual assessments against real property in the distract will not exceed an amount equal to 10 0 cents per $100 of the value of such property as determined by the Crty Council. The apportionment of costs between PID8 and the Crty as a whole shall be (1) All of the costs of an improvement and/or service will be paid for special assessments levied against property m PID8 (2) The City of Fort Worth will be responsible for the payment of assessments on exempt Crty-owned real property and structures or other improvements thereon m the district. The payment of assessments, if any on property owned by other exempt ~urasdictions will be estabhshed by contract. The City will continue to provide the standard improvements and services to the distract as rt does to the rest of the City (3) The City Council of the City of Fort Worth shall be authorized to establish by ordinance reasonable classifications, formulas and methods for assessing special benefits for varaous classes of improvements and/or services. The probable maximum benefits to be conferred on each tract in PID8 because of the improvements and/or services will be greater than the amount of the assessment against such tract and the owners thereof. Section 2. The Fort Worth Public Improvement Distract No 8 is authorized to be and is hereby estabhshed as a public improvement district under the Act and m accordance with the above findings as to the advisability of the improvements and/or services The district will be subject to all conditions, limitations and reservations contained m such findings. Section 3. The Crty Secretary is hereby directed to give nonce of authorization for establishment of PID8 by publishing a copy of this Resolution once m a newspaper of general circulation m the City of Fort Worth. Such authorization shall take effect and the district shall be deemed to be estabhshed effective upon the publication of such notice. Section 4 PID8 will exist for three years immediately following the notice of authorization as specified in Section 3 above, unless property owners m the district petition the City Council for reestablishment of the distract, or unless the district is sooner dissolved as CITY OF FORT WORTH 5 provided by law The City of Fort Worth shall not be obligated to undertake or pay for any improvements or services contemplated by PID8 upon its dissolution. Section 5. The area to be assessed may not include any property not within the boundaries of PID8 unless there is an additional hearing pursuant to Section 372.009 of the Act, preceded by the required notice. Section 6. The Crty Manager is hereby authorized and directed to prepare specifications and to negotiate a contract with the Historic Camp Bowie, Inc for the improvements and/or services to be provided under this Resolution and in accordance with the service, improvement and assessment plan adopted by the City Council. Section 7 No actual construction or improvements or implementation of services by the PID8 shall begin until at least 20 days after authorization for the distract takes effect. Section 8. The district 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 26th day of September 2000 (~ uL.~, Mayor ATTEST CITY OF FORT WORTH Public Improvement District No. 8 (Camp Bowie) Budget and Five Year Service Plan PROJECTS FY 00/O1 FY 01/02 FY 02!03 FY 03/04 FY 04/05 Marketing/Promotion And Special. Event Program $60,000 $60,000 $62,000 $-0- $-0- Communication And Information Program $33,000 $28,000 $29,000 $-0- $-0- Planned Capital Improvement, Clean Up And Beautification Program $110,000 $119,000 $120 000 $-0- $-0- General Office/Administrative $36,000 ~ $37 000 $38,000 $-0- $-0- City Administration Fee $5,000 $5,000 $5,000 $!0- $$=0- TOTALS $244,000 $249 000 $254,000 $-0- $-0- The above budgets will be adjusted annually The proposed district is for an initial three-year period only The fmal two years of this five-year budget will be adjusted accordingly if the district is reestablished. • i o N N C J ~~ ~ ~~ W D Z --I ~1 Z 1.!-I..O N ~ o ~ ~ w W y~y.lf C ~9 0