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HomeMy WebLinkAboutResolution 1769r $. a., :. ~: ~e.S~Z1tT01~-: aeso~uztox No.~ 6 WHEREAS, on September 5, 1989, the. City Council_.of.the City of: Fort Worth adopted a Resolution which authorized the. re-establishment of the Fort Worth Improvement District No. 1 (the "District") as provided in the Public Improvement District Act,, Chapter: 372 ,. Subchapter A, Section 372.001 et seq., and, WHEREAS, at 7:00 P.m. on October 1, 1991, the City Council held a public hearing concerning the following matters: a. the general nature of the proposed improvements and/or services to be provided during FY 91-92; b. the estimated costs of the proposed improvements and services to be provided during FY '91-92; o. the boundaries of the public improvement district; d. the proposed method of assessment, and; e. the proposed apportionment of costs between the improvement district and the municipality as a whole. WHEREAS, the~City Council adjourned such public hearing; NOW THEREFORE BE IT RESOLVED BY THE CZTY COUNCIL OF THE CITY OF FORT WORTH, TEBAS: ' 1. The City Council, after duly considering the evidence and testimony presented at the public hearing held on October 1, 1991, hereby makes the following findings: A. It is advisable for the Fort Worth Improvement District No.l to undertake and provide improvements and/or services during the 1991-92 fiscal year. B. The general nature of the improvements and/or services of the District shall include: (1) A maintenance and landscaping program consisting of supplemental street sweeping, sidewalk cleaning, bus shelter cleaning, planting and landscape maintenance, streetscape improvements and trash receptacle pickup; (2 ),A promotions grogram consisting of recreational and cultural enhancements and activities; a promotional program; and the staging or monitoring of special C1TY OP POST NORTH ~.-. A=.Resolution. recreational and cultural events; (3) A marketing program consisting of an advertising and marketing campaign to promote the use of the District to three target populations (primarily), downtown workers, visitors, and Fort Worth and Tarrant County residents; (4) A security program consisting of additional police services, a public relations crime prevention campaign, a private security force coordination campaign, and management of a park security program; (5) A 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) A management program to provide for the establishment, administration, management, and operation of the District. The proposed improvements 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 normally provided to the taxpayers generally. The City will continue to furnish or pay for standard improvements and/or services in the district at the same level as will be provided to the taxpayers generally. C. A preliminary estimate of the cost of the improvements and/or services of the district during fiscal year 1991-1992 is: TO BE • TOTAL ASSESSED COST 1991-92 FY (1) A maintenance and $400,381 $ 300,797 landscaping program (2) A`promotions .program 78,140 49,319 (3) A marketing program 51,235 49,235 (4) A security program 20,975 20,975 • cn~Y oP poa~r woars s • ~ . ,. ~~ Resol~u~on~: (5) A transportation & 3,990 3,990 parking program (6) A management program 155,500 142,000 TOTALS 710,221 566,316' Note 1. The additional $143,905 in revenue will come from a contract with the City for payment in lieu of services which the District will provide ($82,084), a contract with the Fort Worth Transit Authority for bus shelter cleaning ($17,500), revenue from District events ($11,821), interest earnings ($13,500), and the use of contingency funds (19,000). D. The cost of improvements and/or services shall be determined in accordance with the service plan heretofore approved and adopted by the City Council on September 5, 1989. The updated service plan for the 1991-92 fiscal year which was recommended to the City Council by the Advisory Board of the District is also hereby approved and adopted. A copy of such plan is on file with the City Secretary of the City of Fort Worth. E. The boundaries of the improvement district are: The area bounded by Jones St. on the east; Lancaster Ave. on the South; Texas St., Macon St., Fourth St., Burnett St., Belknap St. and Taylor St. 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 attached hereto, marked Exhibit A, and made a part hereof by reference. F. The method"of assessment is: (1) A service plan was approved and adopted by the City Council on September 5, 1989 for a period of not less than five years. The plan shall be reviewed and updated annually by the City Council to determine the annual budget for improvements and/or services within the district. (2) The cost of an improvement and/or special service will be assessed against real property within the CLTY OP FOST'NORTS~ 4. ~ .~. 1~ Resolu~oirt District. according. to the..value_of_the_property, including improvements, as determined. annually by the City Council. (3} The City Council Resolution of September 5, 1989, which authorized establishment of the District contains. a provision which states that:. during the five-year_term• of the District, the annual assessments against real property in the District will not-exceed an amount equal to 8.5 cents per $100 of the value of such property as determined by the City Council, including the value of structures or other improvements. G. The apportionment of costs between the improvement. district and the city as a whole shall be: (1) All of the cost of an improvement and/or service will be paid by either: (a) Special assessments against real property and structures or other improvements thereon in the district; (b) Contractual agreements with the City; or, (c) Revenues from district activities. (2) The City of Fort Worth shall 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 on property owned by other exempt jurisdictions could be established by contract. (3) The City Council of the City of Fort Worth shall be authorized to establish by ordinance reasonable classifications and formulas for the apportionment of costs between the City and the property to be assessed and to establish the methods for assessing special benefits for various classes of improvements and/or services . (4) The City as a whole will continue to provide standard improvements and services to the district at •) • . .J crrY op-~+oar°woars: ;„..: _ . ~-- A~: Resolution~_ the same-level as they are provided to the taxpayers generally. (5) 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. H. The City Council Resolution of September 5, 1989, authorizing establishment of the district provides that the District will exist for five years immediately following adoption of such Resolution unless property owners in the District petition the City Council for re-establishment of the District, or unless the District is sooner terminated as provided by law. I. The area to be assessed shall not include any property not within the area described in paragraph 1(E). 2. The City Secretary is hereby directed to give notice of authorization for the District to .provide improvements and/or services during the 1991-92 fiscal year by publishing a copy of this Resolution once in a newspaper of general circulation in the city of Fort Worth. - 3. The District shall be a complete alternative to other methods by which the City of Fort Worth may finance public improvements and/or special supplem@ntal services by assessing property owners. ADOPTED this day of October, 1991. MAYOR ATTEST: APP_RDVED 8Y ~~ COUNCIL CITY SECRETARY •~ (((~~~ O 1 1 ~®}ede -II I ~ r~ t'ib ~ ~A. T.sa~ {i7"I Vi iVA~ ~V~aar i ~4 :.' exitiBZT ~ . t.t . ~~w* `~.,...,. , F •_ •'c' ~ ~~JCT .. ' ~wj Jt~ J~ _~• ~•.C n nr~- • \~T%]vj ~`'`,~ ,`b -~ /o~3e~0~ -7~~~. 7 ~~ [Y.YY w.w M~~~Pw w... ~1~1t~Xi}~ t[1G ~98~ ..s .....«.. ~' ~~~` ;~,.~~, , _a,w. ~~r_ 0 ~~~ ~~. . ~. '\ ~~ ~~ -ro T Fort Worth Improvement ..... l~islrict No. 1 boundaries ~ ~ f singe Area ........ ~ ~,1 Core Urea _`_~ ~ 1V'='