HomeMy WebLinkAboutOrdinance 19878-09-2011Ordinance No. 19878-09-2011
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL TRUST FUND IN THE AMOUNT OF $23,030.00, FROM AVAILABLE
FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING
ASSESSMENTS, FOR ADMINISTRATIVE FEES FOR PUBLIC IMPROVEMENT
DISTRICT 6 DURING FISCAL YEAR 2011 -2012; 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 2011 -2012 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Special Trust Fund in the amount of $23,030.00 from available funds, contingent upon the adoption of the
ordinance levying assessments for Fiscal Year 2011 -2012, for administrative fees for the Public
Improvement District 6 during Fiscal Year 2011 -2012.
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, 2011, and ending
September 30, 2012, 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hereby expressly repealed.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.
APPRQVED AS TO FORM AND LEGALITY:
Assistant City Attorney
ADOPTED AND EFFECTIVE: September 13, 2011
-w.
REVENUES
Assessment Revenues
City Reimbursement
Prior Year's Assessments
Total Revenues
Five Year Service Plan
City of Fort Worth
PROPOSED BUDGET AND FIVE -YEAR SERVICE PLAN
Public Improvement District No. 6 - Park Glen
EXPENSES
Management Fee
Water
Utilities
Landscape /Tree Maintenance /Trash
Removal
Fence Maintenance
Holiday Lighting
Security Patrols
Communications \Newsletters
Public Events
Capital Improvements
Replacements
Insurance
Annual Review (Audit)
City Administration Fee
Budget Expenses
Estimated Operating Reserve
FY 11/12
FY 12113
FY 13/14
FY 14115
FY 15/16
1,151,513
1,159, 733
1,171,330
1,183,043
1,194, 874
187,803
191,559
191,559
191,559
191,559
409,797
300,000
300,000
300,000
300,000
$ 1,749,113
$ 1,651,292
$ 1,662,889
$ 1,674,602
$ 1,686,433
103,253
103,253
106,531
106,531
109,727
241,886
246,724
251,659
256,692
261,826
16,816
17,152
17,495
17,845
18,202
611,797
612,986
614,590
617,022
619,487
121,685
90,000
90,000
90,000
90,000
15,532
15,572
15,728
15,885
16,044
128,636
129,922
131,222
132,534
133,859
18,915
19,104
19,296
19,488
19,683
25,000
25,000
25,000
25,000
25,000
110,000
35,596
34,927
36,698
35,230
10,000
10,000
10,000
10,000
10,000
20,481
20,686
20,892
21,101
21,312
21081
2,102
2,123
2,144
2,166
23,030
23,195
23,427
23,661
23,897
$ 1,449,113 $ 1,351,292 $ 1,362,889 $ 1,374,602 $ 1,386,433
$ 300,000 $ 300,000 $ 300,000 $ 300,000 $ 300,000
Total Expense $ 1,749,113 $ 1,651,292 $ 1,662,889 $ 1,674,602 $ 1,686,433
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved ,on 9/1312011 •Ordinance Nos. 19877.09- 2011,19878.09 -2011'
& 19879 -09 -2011=
DATE: Tuesday, September 13, 2011 REFERENCE NO.: BH -269
LOG NAME: 17PID06BENHEAR2011
SUBJECT:
Conduct a Public Benefit Hearing for Public Improvement District 6, Park Glen PID, Concerning the
Proposed 2011 -2012 Budget and Five -Year Service Plan and Proposed Assessment Roll, Adopt
Ordinance Levying Special Assessments for the 2011 Tax Year, Authorize Transfer of $187,033.00 from
the General Fund to the Special Assessment District for the City's Payment in Lieu of Services, Adopt
Appropriation Ordinances to Increase Estimated Receipts in the Special Assessment District Fund and
Special Trust Fund for Fiscal Year 2011 -2012, and Authorize Execution of an Agreement with Premier
Communities Management Company to Manage the District (COUNCIL DISTRICT 4)
RECOMMENDATION:
It is recommended that the City Council:
1. Hold a public benefit hearing concerning the proposed special assessments on property located in
Public Improvement District 6, Park Glen PID, for the 2011 tax year;
2. Approve the attached Fiscal Year 2011 -2012 budget and five -year service plan for the Park Glen
Public Improvement District;
3. Adopt the attached ordinance levying special assessments on property located in the Park Glen Public
Improvement District subject to assessment for the 2011 tax year;
4. Authorize the transfer of $187,803.00 from the General Fund to the Special Assessment District Fund,
Public Improvement District 6 Fiscal Year 2011 -2012 Project Account, for the City's payment in -lieu of
services;
5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$1,339,316.00 in the Special Assessment District Fund, Public Improvement District 6 Fiscal Year 2011-
2012 Project Account, from available funds;
6. Authorize the transfer of $23,030.00 for administrative fees from the Special Assessment District Fund,
Public Improvement District 6 Fiscal Year 2011 -2012 Project Account, to the Special Trust Fund
contingent upon the adoption of the proposed ordinance levying assessments;
7. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund by $23,030.00 from available funds; and
8. Authorize the execution of an agreement with Premier Communities Management Company to provide
management and improvement services for the Park Glen Public Improvement District during Fiscal Year
2011 -2012 for the sum of $103,253.00.
Logname: 17PID06BENHEAR2011 Pagel of 3
DISCUSSION:
On September 22, 1998, the City Council adopted Resolution No. 2453 establishing Public Improvement
District No. 6 (Park Glen PID).
The purpose of this benefit hearing is to receive comments from the public regarding the 2011 -2012 Fiscal
Year budget and five -year service plan for the PID and the proposed assessments to be levied on each
property in the PID for the 2011 tax year. Following the public hearing, it is recommended that the City
Council approve the attached budget and five -year service plan of the PID, adopt the attached ordinance
levying the proposed assessments, and adopt the attached appropriation ordinances allocating estimated
receipts to the Park Glen PID's fund.
On August 23, 2011, (M &C BH -262) the City Council conducted a public hearing to receive comments on
the proposed 2011 -2012 Fiscal Year budget and five -year service plan and budget for the PID. Notice of
this benefit hearing was published in the newspaper and mailed to all record owners of property in the
Park Glen PID in accordance with State law.
The improvements and services to be provided in the PID during the 2011 -2012 Fiscal Year and the costs
thereof are:
.......... ._-__ ------
Improvements
-- -----------
I Total Budgeted
Costs
...
'Management Fee
µ
$
m �—W- ��W
103,253.00 w�
Water
i $
241,886.00
Utilities
_--. �.
$
16,816.00
_..
Landscape /Tree Maintenance /Trash
$
611,797.00
Removal
Fence Maintenance
; $
121,685.00
,Holiday Lighting
lg
iday.._
$
15,532.00.
Security Patrols
' $
128,636.00'1
`Communications /Newsletters
_
$
�����
18,915 00
Public events
$
25,000.00
Capital Improvements
$
110,000.00
Replacements
$
10,000.00 i
Insurance
$
20,481.00'
Annual Review (Audit)
( )
$
p'
2,081.0 E
City Administration Fee
$
23,030.001
Budget Expenses
$1,449,113.00;
Estimated Operating Reserve
$
300,000.001
Total Expenses
$1,749,113.00;
The total budgeted costs of the improvements and services are $1,749,113.00. Of this amount,
$1,151,513.00 will be funded by assessments collected on privately owned parcels located in the district
by applying a rate of $0.175 cents to each $100.00 of property value for residential property and $0.035
cents to each $100.00 of property value for commercial property. The remainder of the costs,
$597,600.00 will be funded by other revenue sources: $187,803.00 from the City for payment in lieu of
Logname: 17PID06BENHEAR2011 Page 2 of 3
services and $409,797.00 from prior year's assessments and revenues.
The Park Glen PID is located in COUNCIL DISTRICT 4.
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations,
and upon the adoption of the Fiscal Year 2011 -2012 budget by the City Council to include the above
recommended item(s), funds will be available in the Fiscal Year 2012 Operating Budgets, as appropriated,
of the Special Assessment District Fund, Special Trust Fund, and General Fund.
FUND CENTERS:
TO Fund /Account/Centers
6)7) FE72 481306 017587001000
7) FE72 511010 017587001000
4)5) GS87 488010 002506002000
5) GS87 488342 002506002000
5) GS87 539120 002506002000
CERTIFICATIONS:
FROM Fund /Account/Centers
$23,030.00 6) GS87 539120 002506002000
$23,030.00 8) GS87 539120 002506002000
$187,803.00 4) GG01 539120 0808021
$1,151,513.00
$1,339,316.00
Submitted for City Manager's Office by_
Originating Department Head:
Additional Information Contact:
Susan Alanis (8180)
Jay Chapa (5804)
Sylvia Flores (8550)
$23,030.00
$103.253.00
$187.803.00
Logname: 17PID06BENHEAR2011 Page 3 of 3