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HomeMy WebLinkAboutOrdinance 23344-08-2018 Ordinance No. 23344-08-2018 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FISCAL YEAR 2018-2019 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 19 — HISTORIC CAMP BOWIE FUND IN THE AMOUNT OF $604,730.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING SPECIAL ASSESSMENTS FOR THE 2018 TAX YEAR, FOR THE PURPOSE OF PROVIDING IMPROVEMENTS AND SERVICES FOR THE PUBLIC IMPROVEMENT DISTRICT 19 — CAMP BOWIE DURING FISCAL YEAR 2018-2019; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 2018-2019 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fiscal Year 2018-2019 Fort Worth Public Improvement District 19 — Historic Camp Bowie Fund in the amount of $604,730.00, from available funds, contingent upon the adoption of the ordinance levying special assessments for the 2018 Tax Year, for the purpose of providing improvements and services for Public Improvement District 19—Historic Camp Bowie during Fiscal Year 2018-2019. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be incorporated into the ordinance effecting the budget of the municipal government of the City of Fort Worth for the ensuing Fiscal Year beginning October 1, 2018, and ending September 30, 2019, and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS ORM A L L CI SECRETAR T Tyler F. Wall Pary J. I r Senior Assi a ity Attorney ADOPT AND EFFECTIVE: August 21, 2018 a MORE on IN!/■ ■®n NIMBI �■� Ifff�w��Ifllf�� � Ilr I ff 1 ,�I �fff IIlI ! I , II rfffflffffffl� IIII . ffffffffffflffffffilll �! � Iffl�� ��f .- flffffffffl�,ii :- . WN Rk SAM 1 1 City of Fort Worth Five Year Service Plan-FY 2018/2019 Public Improvement District No.19-Camp Bowie FY18119 FY19/20 FY20/21 FY21/22 FY22/23 REVENUES PID Assessments $389,139 $408,596 $429,026 $450,477 $473,001 COFW Assessment COFW Payment in lieu of Services 17,791 17,791 17,791 17,791 17,791 PID Generated Revenue Budget Revenues $406,930 $426,387 $446,817 $468,268 $490,792 Transfer From PID#8 197,800 - - - - Total Revenues $604,730 $426,387 $446,817 $468,268 $490,792 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-Utilities 20,000 21,000 22,050 23,153 24,310 Beautification-Maintenance 90,255 94,768 99,506 104,481 109,706 Litter Abatement 89,400 93,870 98,564 103,492 108,666 Security 20,400 21,420 22,491 23,616 24,796 Economic Development 21,000 12,050 12,653 13,285 13,949 Marketing&Promotion 30,000 16,000 16,800 17,640 18,522 Communication 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 Administrative Fee 8,139 8,546 8,973 9,422 9,892 Refund of Professional Fees Related to the Establishment of PID 19 7,500 - - - - Budget Expenses 519,511 426,387 446,817 468,268 490,792 Contribution to Fund Balance 85,219 - - - Total Expenses $604,730 $426,387 $446,817 $468,268 $490,792 Star Telegram, 2018-07-21 Cropped page Page: 6D nil RlALrfI fCARM i Wxwa • �;• C lilt DonDavis Auto Group .iia. 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Hire.Sell&Buy iGlrwl°rwausbw '.°`wl«aca""Yay'«""""" Copyright 2016 Olive Software 2018-07--25 14:54:41 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 8/21/2018 - Ordinance Nos. 23343-08-2018.& 23344-08- 2018 DATE: Tuesday, August 21, 2018 REFERENCE NO.: BH-395 LOG NAME: 13FMS PID19FY19 SUBJECT: Conduct Public Benefit Hearing for Public Improvement District 19 - Historic Camp Bowie, Approve Fiscal Year 2018-2019 Budget and Five-Year Service Plan in the Amount of$604,730.00, Approve Tax Year 2018 Assessment Roll, Adopt Ordinance Levying Special Assessments for the 2018 Tax Year at a Rate of $0.10 Per Each $100.00 of Property Value, Adopt Ordinance Increasing Estimated Receipts and Appropriations in the Fort Worth Public Improvement District 19 - Historic Camp Bowie Fund in the Amount of$604,730.00; and Authorize Execution of an Agreement with Camp Bowie District, Inc., in the Amount of $95,619.00 to Manage the District (COUNCIL DISTRICTS 3 and 7) RECOMMENDATION: It is recommended that the City Council: 1. Conduct a public benefit hearing concerning the proposed special assessments on the property located in Public Improvement District 19 - Historic Camp Bowie for the 2018 tax year; 2. Approve the attached Fiscal Year 2018-2019 Budget and Five-Year Service Plan for Public Improvement District 19 - Historic Camp Bowie in the amount of$604,730.00; 3. Approve the Tax Year 2018 Assessment Roll for Public Improvement District 19 - Historic Camp Bowie, on file with the City Secretary; 4. Adopt the attached ordinance levying special assessments on the property located in Public Improvement District 19- Historic Camp Bowie for the 2018 tax year at a rate of$0.10 per each $100.00 of property value; 5. Adopt the attached ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 19- Historic Camp Bowie Fund in the amount of$604,730.00, which includes transferred revenue from the Fort Worth Public Improvement District 8 - Camp Bowie Fund; and 6. Authorize the execution of an Agreement with Camp Bowie, Inc. in the amount of$95,619.00 to provide management of the improvements and services for Public Improvement District 19- Historic Camp Bowie during Fiscal Year 2018-2019. DISCUSSION: On August 14, 2018, the City Council adopted Resolution No. TBD, establishing the Fort Worth Public Improvement District 19 - Historic Camp Bowie (Historic Camp Bowie PID). The purpose of this benefit hearing is to receive comments from the public regarding the 2018-2019 Fiscal Logname: 13FMS PID19FY19 Page I of 3 Year Budget and Five-Year Service Plan for the Historic Camp Bowie PID and the proposed assessments to be levied on each property in the Historic Camp Bowie PID for the 2018 tax year. Following the public hearing, it is recommended that the City Council take the following actions: (a) approve the attached Budget and Five-Year Service Plan; (b) approve the 2018 Assessment Roll; and (c) adopt the attached ordinances levying the proposed assessments and appropriating funds. The improvements and services to be provided in the Historic Camp Bowie PID during the 2018-2019 Fiscal Year and the costs thereof are as follows: Management Fee $ 95,619.00 Beautification $104,498.00 Beautification - Utilities $ 20,000.00 Beautification - Maintenance $ 90,255.00 Litter Abatement $ 89,400.00 Security $ 20,400.00 Economic Development $ 21,000.00 Marketing & Promotion $ 30,000.00 Communication $ 20,000.00 Insurance $ 6,700.00 Audit $ 6,000.00 City Administration $ 8,139.00 PID Establishment related fees $ 7,500.00 Contribution to Fund Balance $ 85,219.00 Total Expenditures $604,730.00 The total budgeted costs of the improvements and services are in the amount of$604,730.00. Of this amount, $389,139.00 will be funded by assessments collected on privately owned parcels located in the Historic Camp Bowie PID by applying a rate of$0.10 per each $100.00 of property value. The remaining $215,591.00 will be funded by other revenue sources including: (a) a transfer of$197,800.00 from the Public Improvement District 8 - Camp Bowie Fund (PID 8), and (b) $17,791.00 in direct payments from the City for Payment In-Lieu of Services. On August 14, 2018, the City Council conducted a public hearing to receive comments on the proposed 2018-2019 Fiscal Year Budget, Five-Year Service Plan, and 2018 Assessments for the Historic Camp Bowie PID (M&C BH 381). Notice of the August 14, 2018 benefit hearing and this hearing were published in the Fort Worth Star-Telegram on July 21, 2018 and mailed to all record owners of property in the Historic Camp Bowie PID on July 20, 2018, in accordance with state law. Included within those notices was a draft of the Fiscal Year 2019 budget equaling $603,930.00. This amount was estimated based upon non-certified values received from the Tarrant Appraisal District. On July 23, 2018, the City received certified values and, as such, has finalized the Fiscal Year 2019 budget in the amounts shown. PID 19 (Historic Camp Bowie) is located in COUNCIL DISTRICTS 3 and 7. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and the adoption of the Fiscal Year 2018-2019 Budget by the City Council, funds will be available in the Fiscal Year 2019 operating budget, as appropriated, of the Fort Worth Public Improvement District 19- Historic Camp Bowie Fund. FUND IDENTIFIERS (FIDs): TO Logname: 13FMS PID19FY19 Page 2 of 3 Fund Department ccoun Project ctivity Budget Reference # moun ID ID JProgram ( Year ( (Charlfield 2) FROM IlFundl Department ccoun Project Program ctivity Budget Reference # moun ID ID Year (ChartfieId 2) CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Originating Department Head: Aaron Bovos (8517) Additional Information Contact: Angela Estrada (8511) Logname: 13FMS PID19FY19 Page 3 of 3