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HomeMy WebLinkAboutResolution 1674~; - _.,.- . , .6V ,. WHEREAS, WHEREAS, WHEREAS, ~I1~~„7y l~ resolution ~~-~~~. an September 5, 1989, the City Council of the City of Fort Worth adapted 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, at 10:00 a.m. on September 25, 1990, the City Council held a public hearing concerning the fallowing matters: a. the general nature of the proposed improvements and/or services to be provided during FY 90-91; 6. the estimated costs of the proposed improvements and services to be provided during FY 90-91; c. 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 whale. the City Council adjourned such public 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 the public hearing held on September 25, 1990, 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 1990-91 fiscal year. b. The general nature of the improvements and/or services of the District shall include: (1) A maintenance and landscaoino oroor-m consistinq_ of supplemental street sweeping, sidewalk cleaning, bus shelter cleaning, planting and landscape maintenance, streetscape improvements and trash receptacle pickup; (2) A romotions pro ram consisting of rec,-eatior~al and cultur-al enhancements and activitie=_; a promotional 'program; and the staging or monitoring of special recreational and cultural events; CITY OF FORT NiORTB 'b;v _ w s (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, a parking garage and parking lot security program, and a park security program; f5) A transportation and oarkin^ 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 1990-1991 is: TO HE TOTAL ASSESSED COST 1990-91 FY (a) A maintenance and 5425,912 ~ 328,828 landscaping program (6) A promotions program 85,000 48,000 (c) A marketing program 53,000 53,000 (d) A security program 21,000 21,000 (e) A transportation & 4;005' 4,005 parking program ({) A management program 15yib0 1421760 TOTALS 741,677 597.593' ~; ,~ i CITY OF FORT WORTH f`= ~4_ S! 3~: a I. d-..A:~.1v ~.u Note 1. The additional 5144,084 in revenue wil"1='come from a contract with the city for payment in lieu ofi services which the District will provide ($82,084), a contract with the Fort Worth Transit Authority for bus shelter cleaning 015,000), revenue from District events (511,000), interest earnings (510,000), and the use of contingency funds (26,000). 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 1990-91 fiscal year which was recommended to the City Council by the Advisory Board of the District is also hereby approved and adapted. 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 Sones 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 Hluff 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 try reference. f. The metFrad 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 o{ an .improvement and/or special service will be assessed against real property within the District according to the value of the property, including improvements, as determined annually by the City Council. CITY OF FORT ~6ORT8 (3) The City Council Resolution of September 5, 1989, which author-ized 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 B.5 cents per X100 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 structures or other the district; against real property and improvements thereon in (b) Contractual agreements with the City; or, (c) Revenues from district activities. (2) The City of Fort Worth shall 6e 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 he..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 the same level as they are provided to the taxpayers generally. " (S) The probable maximum benefits to be conferred on each tract in the district because of the improve- ments and/cr services will be greater than the amount of the assessment against such tract and the owners thereof. CITY OF FORT WORT~£ ~~~ h. The City Council Resolution of September 5, 1989, authorizing establishment of the district provides that the District will exist far 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 1990-91 fiscal year by publishing a copy of this Resolution once in a newspaper of general circulation in the city of Fort Worth. 3. The City Manager is hereby authorized to execute a document which would extend the contract with Downtown Fort Worth, Inc., to provide improvements and/or services in the District under this Resolution, and the service plan for the 1990-91 fiscal year is hereby adopted by the Council. 4. 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 thiscX.v day of September, 1990. MAYOR ATTEST: CITY SECRETARY APPROVED BY CITY COUNCIL SEP 25 1990 Yditdd..~ City Secretary of the City of Fort Worth, Texas QTY OP FORT woRTs