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HomeMy WebLinkAboutResolution 2015A Resolution ~~~~ WHEREAS, on September 12, 1994, the City Council of the City of Fort Worth received a Petition for reestablishment of the Fort Worth Public Improvement District No 1; and WHEREAS, on September 13, 1994, the City Council found and determined that such petition included sufficient signatures and met other requirements of Sections 372 002 and 372 005, Chapter 372, Local Government Code (the Act ); 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 October 4, 1994, at 7 00 p m , and in accordance with Section 372 009 of the Act; and WHEREAS, the City Council held such public hearing on October 4, 1994, at 7 00 p m and on October 4, 1994, finally adjourned such hearing; 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 reestablish a public improv_emen~ district under Chapter 372, Local Government Code which district shall be known as the Fort Worth Public Improvement District No 1 (b) It is advisable to authorize the City of Fort Worth to exercise the powers granted by Chapter 372, Local Government Code, in connection with the reestablishment of the public improvement district, including the undertaking of improvement projects and/or services that confer a special benefit on property in the district and the levying and collecting 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 CITY OF FORT WORTH (1) an improvement district maintenance and land- scaping program consisting of supplemental street sweeping, sidewalk cleaning, bus shelter cleaning, planting and landscape maintenance, streetscape improvements, and trash receptacle pickup (2) an improvement district promotions program consisting of recreational and cultural enhancements and activities; promotional program; and the staging or monitoring of special recreational and cultural events (3) an improvement district marketing program consisting of an advertising and marketing campaign to promote the use of the District by three primary populations downtown workers, visitors, Fort Worth and Tarrant County residents (4) .an improvement district security procLram consisting of a public relations crime prevention campaign; a private security force coordination campaign; a parking garage and parking lot security program (5) an improvement district transportation and parking program consisting of a campaign to promote FWTA bus service and ridesharing; the development of a plan concerning better utilization of short-term parking facilities; and the improvement of traffic signs (6) an improvement district management program to provide for the establishment, administration and operation of the district activities and programs Such 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 the City of Fort Worth to taxpayers generally The annual cost of standard improvements and/or services currently provided by the City of Fort Worth to taxpayers in the district is on file with Informal Report No 7401 in the Office of the City Secretary of the City of Fort Worth, 1000 Throckmorton, Fort Worth, Texas, with any corrections therein which may have heretofore been certified by the City Manager of the City of Fort Worth, which report and corrections are made a. part hereof by reference During the five-year term of the district, the City will provide not less than the level of- standard improvements and/or services to taxpayers in the district as enumerated in the attachments to Informal Report No • -2- 7401, with such corrections therein as have been certified by the City Manager • (e) A preliminary estimate of the cost of the improvements and/or services of the district during the first year of operation (FY 1994-95) is (1) (2) (3) (4) (5) (6) Maintenance and landscaping program Promotions program Marketing program Security program Transportation and Management program $475,753 86,426 63,050 39,290 41,244 173,170 $878,933 parking program The cost of such improvements subsequent years will be determined in service plan adopted by the City Council and/or services in accordance with the (f ) The boundaries of the improvement district shall be The area bounded by Jones Street on the east; Lancaster Avenue on the south; Texas Street, Macon Street, Fifth Street, Fourth Street, Burnett Street, Belknap Street and Taylor Street on the west; and the Trinity River and the East 100 and East 200 blocks of Bluff Street on the north.. Such area is more particularly shown on a map which is on file in the Office of the City Secretary of the City of Fort Worth, 1000 Throckmorton, Fort Worth, Texas, and is made a part hereof by reference (g) The method of assessment shall be (1) A service plan shall be approved and adopted by the City Council for a period of not less than five years The plan will be reviewed and updated annually by the Council to determine the annual budget for improvements and/or special supplemental services within the district (2) The cost of an improvement and/or special supplemental service will be assessed against real property within the district according to the value of such property as determined by the City 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 12 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 cost 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 City of Fort Worth will be responsible for the payment of assessments on exempt city-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 city as a whole will continue to provide the standard improvements and services to the district as referred to in (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 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 various classes of improvements and/or services (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 in the district petition the City Council for reestablishment 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 ( f) unlaess 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 is authorized to be and is hereby reestablished as a public improvement district under Chapter 372, 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 • -4- conditions, limitations and reservations contained in such findings ~. 3 The City Secretary is hereby directed to give notice of authorization for reestablishment of the district by publishing a copy of this Resolution once in a newspaper of general circulation in the City of Fort Worth Such authorization shall take effect and the district shall be deemed to be reestablished effective upon the publication of such notice 4 The City 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 of improvements or implementation of services by the district shall begin until at least 20 days after authorization for the district takes effect property owners 6 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 ADOPTED this • ~'~"~ ~Y/dam ~ ~~ ,~ ~« 4 ~/ '~ v ~~ "a r ~' -= CCity Secreta~y~; ~' ~.. r~ day of Octor-- ~nnn APPROVED CITY COUNCIL p'CT 4 1994 ll~~ ea~~ City Socrafary of the Cit7 of Fort Wortte, ?e~cas -5-