HomeMy WebLinkAboutResolution 4966-08-2018 A Resolution
NO. 4966-08-2018
AUTHORIZING AND ESTABLISHING FORT WORTH PUBLIC
IMPROVEMENT DISTRICT NO. 19 (HISTORIC CAMP BOWIE) AND
TAKING CERTAIN OTHER ACTIONS CONCERNING THE DISTRIC
WHEREAS, the Public Improvement District Act, Chapter 372 of the Texas
Local Government Code ("Act") allows for the establishment of public improvement
districts ("PID");
WHEREAS, on June 8, 2018, the City of Fort Worth, Texas ("City") received a petition
("Petition"), requesting the establishment of a PID on land within the City to be known as Fort
Worth Public Improvement District No. 19 (Historic Camp Bowie) and has been on file in
the office of the City Secretary for public inspection;
WHEREAS, pursuant to Section 372.009 of the Act, the City provided notice and
publication of a public hearing to be conducted on August 14, 2018 to consider the establishment of
the Historic Camp Bowie PID ("Public Hearing"), which notice and publication included the
following: (i) time and place of the public hearing; (ii) general nature of the proposed improvements
and services; (iii) estimated costs of the improvements and services; (iv) boundaries of the proposed
Historic Camp Bowie PID; (v) proposed method of assessment; and (vi) proposed apportionment of
costs between the Historic Camp Bowie PID and the City;
WHEREAS, notice of the Public Hearing was published on July 21, 2018 in the Fort Worth
Star-Telegram, a newspaper of general circulation in the City, and was also mailed on July 20, 2018
to all record owners of property in the Historic Camp Bowie PID, and all persons desiring to be
heard were given a full and fair opportunity to be heard at the Public Hearing;
WHEREAS, the City Council conducted and adjourned the Public Hearing to consider the
establishment of the Historic Camp Bowie PID; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF FORT WORTH, TEXAS:
1. Recitals.
The findings set forth in the recitals of this Resolution are found to be true
and correct.
FoRTWORTH
2. Findinis.
The City Council, after duly considering the evidence and testimony presented at the
Public Hearing and based on all information known by the City Council, hereby makes
the following findings:
2.1. Petition. The Petition was filed with the City Secretary and complies with Section
372.005 of the Act and has been signed by record owners of taxable real property liable
for assessment under the proposal who constitute: (a) 50.3% of the appraised value of
taxable real property liable for assessment under the proposal set forth in the Petition, as
determined by the current roll of the Tarrant Appraisal District, and (b) 54% of the area
of all taxable real property that is liable for assessment under the proposal, and (c) 56%
of all record owners of property that are liable for assessment under the proposal.
2.2 Advisability of Establishing the Historic Camp Bowie PID. It is advisable that
the City exercise the powers granted by the Act in connection with the establishment of
the Historic Camp Bowie PID, including the undertaking of improvements and services
that confer a special benefit on property in the Historic Camp Bowie PID and the
levying and collection of special assessments on property in the district, based on the
benefit conferred by such improvements and services, to pay the costs of the same.
2.3 Nature of the Improvements and Services.
(a) The general nature of the proposed improvements and services to be provided
in the Historic Camp Bowie PID, include, without limitation, the following:
i. Landscaping, promotional sign and banner programs, lighting, and various
other streetscape and capital improvements, including streets, sidewalk,
roadways, and rights-of-way.
ii. Special supplemental services for improvement and promotion of the
Historic Camp Bowie PID, including services relating to advertising,
promotion, health and sanitation, water and wastewater, public safety,
security, business recruitment, development, recreation, and cultural
enhancement.
iii. Any other improvements and services allowed pursuant to the Act.
(b) The following programs may be initiated to ensure that the improvements and
services are implemented:
i. A comprehensive litter abatement program.
oRTWo T
ii. A coordinated communication program to assure that businesses located
within the Historic Camp Bowie PID benefit from shared information
about security, infrastructure improvements, transportation improvements,
capital improvement programs, opportunities to coordinate marketing and
promotions, and other opportunities where business awareness and
information can help business.
iii. A cooperative program with local governments, neighborhood groups,
foundations, universities, and others to assist with obtaining grants or other
special funding to undertake studies, landscape improvements, street
improvements, signs and banner programs, and other streetscape amenities
within the Historic Camp Bowie PID.
iv. Special cooperative programs with area neighborhoods, schools, museums,
and other institutions to assure that the business, residential, and civic
organizations all work together to identify programs that enhance the
economic vitality and livability of the Camp Bowie Boulevard corridor
within the Historic Camp Bowie PID.
(c) The improvements and services will be a supplement to the standard level of
improvements and services provided by the City. The City will furnish or pay
for the standard level of improvement and services in the Historic Camp
Bowie PID comparable to what would be provided for the taxpayers generally.
2.4. Estimated Cost of the Improvements and Services.
(a) For the 2018-2019 fiscal year, the estimated cost of the above-referenced
improvements and services, and estimated costs to implement such
improvements and services are:
Management Fee $95,619.00
Litter Abatement $89,400.00
Beautification $104,498.00
Utilities $20,000.00
Maintenance $90,255.00
Security $20,400.00
Economic Development $21,000.00
Marketing & Promotion $30,000.00
Communication $20,000.00
Insurance $6,700.00
City Administration $8,139.00
Audit $6,000.00
PID Establishment related fees $7,500.00
City Reserve Requirement $85,219.00
$604,730.00
ORT WO T
(b) Such estimated costs are reasonable and appropriate. The costs of the
improvements and services provided in the 2018-2019 fiscal year will be
determined in a subsequent annual budget and service plan for the Historic
Camp Bowie PID to be approved by the City Council on August 21, 2018, in
accordance with the Act. The five (5)-year service plan proposed for the
Historic Camp Bowie PID is attached hereto as Exhibit A ("Service Plan")
and incorporated herein for all purposes.
(c) The estimated costs of improvements and services to be provided in
subsequent fiscal years will be subject to future annual budget and service and
assessment plans adopted by the City Council in accordance with the Act. The
service plan, budget, and assessment amount are subject to annual review and
approval by the City Council. The costs for all improvements and services will
be paid in accordance with Section 2.7 of this Resolution.
2.5. Boundaries of the Historic Camp Bowie PID. The boundaries of the Historic
Camp Bowie PID include approximately 238.76 acres of land generally consisting of:
all commercial land use areas along the Camp Bowie Boulevard corridor from
Montgomery (on the east) to Irene (on the west); all commercial land use areas along
W. 7th Street from University to Montgomery. A map depicting the boundaries is
attached hereto as Exhibit B and incorporated herein for all purposes. Such boundaries
are appropriate and the proposed improvements and services provided to property
within such boundaries will promote the interests of the City. The Historic Camp
Bowie PID's boundaries may be expanded in accordance with the Act.
2.6. Method of Assessment. The method of assessment is proposed to be as follows:
(a) Beginning in fiscal year 2018-2019, an annual budget and service and
assessment plan will be presented to the City Council for review and approval
prior to the beginning of each fiscal year for the term of the Historic Camp
Bowie PID in accordance with the Act.
(b) The cost of each improvement and service provided during a fiscal year will be
assessed against real property within the Historic Camp Bowie PID on the
basis of special benefits accruing to the property because of the improvements
and services according to the value of such property, including the value of
structures or other improvements on the property, as determined by the Tarrant
Appraisal District.
ORT WO T
(c) All the taxable properties in the Historic Camp Bowie PID will be assessed
equally and no annual assessment during the term of the Historic Camp Bowie
PID will exceed $0.10 per each $100 of the appraised value of real property,
including the value of structures and other improvements located thereon,
unless this Resolution is amended following a public hearing held in
accordance with the Act concerning the proposed adoption of an ordinance
levying a higher assessment or implementing a different method of assessment
authorized by the Act. Tax exempt properties and government-owned
properties will not be assessed.
Based on the improvements and services to be undertaken in the Historic
Camp Bowie PID, as outlined herein and in the service plan, the City Council
hereby finds that the proposed method of assessment is reasonable and
necessary.
2.7. Apportionment of Costs Between the Historic Camp Bowie PID and the City,
as a Whole. The apportionment of costs between the Historic Camp Bowie PID and the
City, as a whole, is as follows:
(a) Except as set forth in subsection 2.7(b), the entire cost of each improvement
and service will be paid from assessments levied in accordance with Chapter
372 of the Act (including any interest accrued thereon) and from other
sources of funds, if any, available to the Historic Camp Bowie PID.
(b) No City funds will be used to pay any portion of the cost of any improvement
or service, unless such funding is approved from the City Council or other
appropriate municipal authority on a case-by-case basis.
3. Establishment of the PID; Term.
3.1 Based on the findings set forth above, the Historic Camp Bowie PID comprising the
boundaries set forth in Section 2.5 above is authorized to be established and will be
known as Fort Worth Public Improvement District No. 19 (Historic Camp Bowie). The
Historic Camp Bowie PID will take effect on the date on which the City Council's
authorization to establish the Historic Camp Bowie PID pursuant to and in accordance
with this Resolution is published in a newspaper of general circulation in the City in
accordance with Section 372.010(b) of the Act ("PID Effective Date") and will expire
on the earlier of(i) September 30, 2028; (ii) the effective date of a resolution dissolving
the Historic Camp Bowie PID adopted by the City Council following receipt of a
petition requesting dissolution and the holding of a public hearing to consider such
dissolution in accordance with Section 372.011 of the Act; or (iii) any other lawful
method provided for dissolution of a PID pursuant to the Act, as it may be amended.
All other provisions of this Resolution will be effective from and after the adoption of
this Resolution.
ORTWO T
3.2 Notwithstanding anything to the contrary herein, the Historic Camp Bowie PID
will continue in effect until all obligations of indebtedness for all previously-authorized
improvement projects and services in the PID have been fully satisfied and discharged.
The Historic Camp Bowie PID will be subject to all conditions, limitations, and
reservations set forth in the findings in Section 2.
4. Advisory Body.
The City Council hereby declines to appoint an advisory body for the Historic Camp
Bowie PID pursuant to Section 372.008 of the Act. The City Council hereby reserves
the right to assign responsibility for preparation of the ongoing Service Plan for the
Historic Camp Bowie PID to another entity in the absence of such an advisory body, as
authorized by Section 372.013(a) of the Act.
5. Restriction on Construction of Improvements.
In accordance with Section 372.010(c) of the Act, actual construction of any
improvement may not begin until after the twentieth (20th) day following the PID
Effective Date.
6. Publication.
The City Secretary is hereby directed to publish notice of the City Council's
authorization to establish the PID once in a newspaper of general circulation in the City.
Adopted this 14th day of August 2018.
ATTEST:
B pF..FORr
By:
- -- - ----- -- - - ------- `
Mary J. Kays r, ty Secretary
—I
�XAs `
oRTWO
EXHIBIT A
SERVICE PLAN
Cky of Fat wain
Fne Yea Swvke Plan-FY 20182019
Public knprovamwu District No.19-C.anp Bowie
FY18f19 FY1920 FY2021 FY2122 FY22i23
REVENUES
PID Assessments $389,139 $408.596 $429,026 $450,477 $473,001
COFW Assesswe t
COFW Payment in lou of Services 17,791 17,791 17,791 17,791 17,791
PID Gera-led Revenue
Budget Revenues $404930 $42087 $446,817 5464268 $198792
TmnsW From PID/8 197,800 -
Total Revenues 5604,730 $426,]87 $446,817 $464268 5490,792
EXPENSES
Management Fee 95,619 94,510 85,805 90,095 94,600
Beautification 104,498 39,888 54,424 56,255 58.179
Beautification-Wilm 20,000 21,000 71,050 23,153 24,310
Beautification-Maatena" 90,256 94,768 99,506 104,481 109,706
LilterAbatement 89,400 93,870 98,5Cd 103,492 108.666
Security 20,400 21,420 22.491 23,616 24,796
Econbnx Development 21,000 12,050 12,653 132% 13,949
Marks"8 Pmnmbm 30,000 16,000 16,800 17,640 18,522
Commysnitation 20,000 11,000 11,550 12,128 12,734
Insurance 6,700 7,035 7,387 7,756 8,144
Audit 6,000 6.300 6,615 6,946 7.293
City Adrrimb m Fee 8,139 8,546 8.973 9,422 9,892
Refund of Prdessional Fees Related b
the EstaHislunent of PID 19 7,500 - - -
Budget Expsmes 519,511 426,387 444817 464268 490,792
Cortril cn to Fund Balance 85219 -
Total Expenses $604,730 $424387 $414817 $464268 $490,792
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