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HomeMy WebLinkAboutOrdinance 19882-09-2011ORDINANCE NO. 19882 -09 -2011 AN ORDINANCE LEVYING ASSESSMENTS FOR THE COST OF CERTAIN IMPROVEMENTS AND /OR SERVICES PROVIDED IN FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO. 7 DURING FISCAL YEAR 2011 -12; SETTING CHARGES AND LIENS AGAINST PROPERTY IN THE DISTRICT AND AGAINST THE OWNERS THEREOF; PROVIDING FOR THE COLLECTION OF SUCH ASSESSMENTS; RESERVING UNTO THE CITY COUNCIL THE RIGHT TO ALLOW CREDITS REDUCING THE AMOUNT OF THE RESPECTIVE ASSESSMENT TO THE EXTENT OF ANY CREDIT GRANTED; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Fort Worth, Texas, has heretofore directed that certain improvements and/or services (the "Improvements ") shall be provided in the Fort Worth Public Improvement District No. 7 (the "District "); and WHEREAS, the boundaries of the District are Wall -Price Keller Road and Alta Road on the north; Shiver Road to North Beach Street passing through the Park Green Belt on the south; Park Vista Boulevard at Shiver Road to Wall -Price Keller Road on the east; and North Riverside Drive on the west; and WHEREAS, the Improvements to be provided in Fiscal Year 2011 -2012 and their estimated costs are as follows: Expenses Management Fee $ 161,317 Water $ 220,000 Utilities $ 26,000 Landscape /Tree Maintenance $ 664,953 Fence Maintenance $ 35,185 Holiday Lighting/Decorations $ 30,000 Security Patrols $ 50,000 Public Events $ 63,945 Capital Improvements $ 231,850 Common Area Maintenance $ 53,000 Insurance $ 4,300 Annual Review (Audit) $ 2,000 City Administrative Fee $ 26,260 Budget Expenses $ 1,568,810 Estimated Operating Reserve $ 392,202 Total Expenses $ 1,961,012 The total budgeted costs of the improvements are $1,961,012.00. Of this amount, $1,312,990.00 will be funded by assessments collected on privately owned parcels located in the district. The remainder of the costs, $648,022.00 will be funded by other revenue sources: $183,022.00 in a direct payment from the City for payment in lieu of services, which was appropriated from the General Fund balance by City Council action on September 13, 2011; $15,000.00 from the District's Builder Assessment of $200 per lot; $450,000.00 from prior years' assessments; and WHEREAS, it is proposed that property in the District be assessed at a rate of $0.21 per each $100 of property value for residential property and $0.11 rate per each $100 of property value for commercial property, as of January 1, 2011 and determined by the appraisal district with jurisdiction over property in the District; and WHEREAS, the Improvements and proposed assessment roll were previously presented in a public hearing conducted by the City Council on August 23, 2011 (M &C BH -267) and have been on file in the office of the City Secretary for public inspection; and WHEREAS, the Improvements and proposed assessment roll were once again heard by the City Council in a public hearing conducted on the 13th day of September, 2011, at 7:00 p.m. in the Council Chamber in the City Hall in the City of Fort Worth, Texas (the "Public Hearing "), notice of which was published mailed to all record owners of property in the District, and at such hearing all desiring to be heard were given a full and fair opportunity to be heard; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. The Public Hearing is hereby closed and any and all protests and objections, whether herein enumerated or not, are hereby overruled. SECTION 2. The City Council, from all evidence before it, including all information provided to it and considered in the Public Hearing, finds that the assessments herein described should be made and levied against the respective parcels of property in the District and against the owners of such property. Such assessments and charges are right and proper and are substantially in proportion to the benefits to the respective parcels of property by means of the Improvements in the District for which such assessments are levied and establish substantial justice and equality and uniformity between all parties concerned, considering the benefits received and burdens imposed. The City Council further finds that in each case the property assessed is specially benefited in enhanced value to the said property by means of the Improvements in the District and for which assessment is levied and charge made, and further finds that the apportionment of the cost of the Improvements is in accordance with applicable law. The City Council, from the evidence, further finds that the values of the respective parcels of property on January 1, 2011, are true and correct. SECTION 3. There shall be, and are hereby, levied and assessed against the parcels of property in the District and against the real and true owners thereof (whether such owners be correctly named herein or not), the sums of money itemized per parcel of property, and the owners thereof, as far as such owners are known, at the following rate: $0.21 per each $100 of value for residential property and $0.11 per each $100 of value for commercial property. SECTION 4. Where more than one person or entity owns an interest in any property described herein, each such ORDINANCE NO. 19882-09-2011 person or entity shall be personally liable only for its, her or his pro rata share of the total assessment against such property in proportion to its, his or her respective interest to the total ownership such property, and its, his or her respective interest in such property may be released from the assessment lien upon payment of a proportionate sum. SECTION 5. The several sums above mentioned and assessed against the said parcels of property, and owners thereof, and penalty and interest thereon at the rate prescribed by Chapter 372, Texas Local Government Code (the Public Improvements District Assessment Act), together with reasonable attorney's fees and cost of collection, if incurred, are hereby declared to be and are made a lien upon the respective parcels of property against which the same are assessed, and a personal liability and charge against the real and true owners of such property, whether such owners be correctly named herein or not, and such liens shall be and constitute the first enforceable lien and claim against the property on which such assessments are levied, and shall be a first and paramount lien thereon, superior to all other liens and claims, except state, county, school district and city ad valorem taxes. A copy of this ordinance may be filed with the County Clerk of Tarrant County, Texas, and when so filed shall constitute complete and adequate legal notice to the public concerning the liens hereby assessed against the respective parcels of property and the owners thereof. The sums so assessed against the respective parcels of property and the owners thereof shall be and become due and payable on or before January 31, 2012, and shall become delinquent if not paid by February 1, 2012. The entire amount assessed against each parcel of property shall bear penalty and interest, from and after February 1, 2012 at the same rate as prescribed by law for any delinquent ad valorem tax until paid. SECTION 6. If default shall be made in the payment of any assessments, collection thereof shall be enforced by suit in any court of competent jurisdiction, and said City shall exercise all of its lawful powers to aid in the enforcement and collection of said assessments. SECTION 7. The total amount assessed against the respective parcels of property, and the owners thereof, is in accordance with the proceedings of the City hereto and is less than the proportion of the cost allowed and permitted by applicable law. SECTION 8. Although the aforementioned charges have been fixed, levied and assessed in the respective amounts herein stated, the City Council does hereby reserve the right to reduce the aforementioned assessments by allowing credits to certain property owners where deemed appropriate and provided that such any such allowance does not result in any inequity and/or unjust discrimination. SECTION 9. Full power to make and levy reassessments and to correct mistakes, errors, invalidates or irregularities in the assessments are, in accordance with the law in force in this City, vested in the City. SECTION 10. ORDINANCE NO. 19882-09-2011 In any suit upon any assessment or reassessment, it shall be sufficient to allege the substance of the provision recited in this ordinance and that such recitals are in fact true, and further allegations with reference to the proceedings relating to such assessment and reassessment shall not be necessary. M161 i 141ok m 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 shall remain in full force and effect. SECTION 12. This Ordinance shall be cumulative of 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 13. This Ordinance shall take effect and be in full force and effect from and after the date of its passage. AND IT IS SO ORDAINED. APPROVED AS TO FORM AND LEGALITY: Deputy City Attorney M &C: BH -270 Adopted and Effective: September 13, 2011 ORDINANCE NO 19882-09-2011 City of Fort Worth PROPOSED BUDGET AND FIVE -YEAR SERVICE PLAN Public Improvement District No. 7 - Heritage FYI 1/12 FYI 2/13 FYI 3/14 FY14/15 FYI 5/16 REVENUES PID Assessments 1,312,990 1,353,412 1,364,902 1,405,624 1,414,902 Builder Initiation Fee 15,000 10,000 7,000 5,000 3,000 City Payment In -lieu of Service; 183,022 183,022 183,022 183,022 183,022 Prior Year's Assessment 450,000 392,202 387,727 388,530 396,435 Total Revenues $1,961,012 $ 1,938,636 $ 1,942,651 $ 1,982,176 $ 1,997,359 EXPENSES Management Fee Water Utilities Landscape/Tree Maintenance Trash Removal Fence Maintenance Holiday Lighting /Decorations Security Patrols Communications /Newsletters Marketing Public Events Capital Improvements Common Area Maintenance Insurance Annual Review (Audit) City Administrative Fee Budget Expenses Estimated Operating Reserve 161,317 163,366 165,328 165,961 166,924 220,000 230,000 230,000 236,900 237,200 26,000 26,000 26,443 27,176 27,976 664,953 667,252 667,550 667,624 669,000 35,185 33,000 33,000 33,000 53,000 30,000 30,000 30,000 29,000 29,000 50,000 50,000 50,000 50,000 50,000 63,945 64,757 64,810 231,850 200,000 200,000 53,000 52,977 53,009 4,300 4,429 4,561 2,000 2,060 2,122 26,260 27,068 27,298 $1,568,810 $ 1,550,909 $ 1,554,121 $ 392,202 $ 387,727 $ 388,530 65,085 65,450 230,000 212,000 46,000 52,000 4,698 4,839 2,185 2,200 28,112 28,298 $ 1,585,741 $ 1,597,887 $ 396,435 $ 399,472 Total Expenses $1,961,012 $ 1,938,636 $ 1,942,651 $ 1,982,176 $ 1,997,359 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/13 {2011 - Ordinance Nos. 19880 -09- 2011,19881 -09- 2011' & 19882 -09- 2011 DATE: Tuesday, September 13, 2011 REFERENCE NO.: BH -270 LOG NAME: 17PID07BENHEAR2011 SUBJECT: Conduct a Public Benefit Hearing for Public Improvement District 7, Heritage PID, Concerning Proposed 2011 -2012 Budget and Five -Year Service Plan and Proposed Assessment Roll, Authorize the Transfer of $183,022.00 from the General Fund to the Special Assessment District Fund for the City's Payment in Lieu of Services, Adopt Ordinance Levying Special Assessments for the 2011 Tax Year, 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 2) RECOMMENDATION: It is recommended that the City Council: 1. Conduct a public benefit hearing concerning the proposed special assessments on property located in Public Improvement District 7, Heritage PID for the 2011 tax year; 2. Approve the attached 2011 -2012 Fiscal Year budget and five -year service plan for the Heritage PID; 3. Adopt the attached ordinance levying special assessment on property in the Heritage PID subject to assessment in the 2011 tax year; 4. Authorize the transfer of $183,022.00 from the General Fund to the Special Assessment District Fund (Public Improvement District 7 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 $1,496,012.00 in the Special Assessment District Fund (Public Improvement District 7 Fiscal Year 2011- 2012 Project Account) from available funds; 6. Authorize the transfer of $26,260.00 for administrative fees from the Special Assessment District Fund, (Public Improvement District 7 Fiscal Year 2011 -2012 Project Account) to the Special Trust Fund contingent upon the adoption of the attached ordinance levying assessments; 7. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Trust Fund by $26,260.00 from available funds; and 8. Authorize the execution of an agreement with Premier Communities Management Company to provide management and improvement services for the Heritage PID during Fiscal Year 2011 -2012 for the sum of $161,317.00. Logname: 17PID07BENHEAR2011 Pagel of 3 DISCUSSION: On September 26, 2000, the City Council adopted Resolution No. 2675 (M &C G- 13021) establishing Fort Worth Public Improvement District No. 7 (Heritage 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 Heritage PID's fund. On August 23, 2011, (M &C BH -263) the City Council conducted a public hearing to receive comments on the proposed 2011 -2012 Fiscal Year budget and five -year service plan for the PID. Notice of this benefit hearing was published in the newspaper and mailed to all record owners of property in the Heritage 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: Fence Maintenance $35,185.00 ;Holiday $30,000.00 ;Ligh ting /Decorations ` $26,260.00. _ __ Security Patrols $50,000.00 Public Events $63,945.00 Capital Improvements $2319850.00 Common Area E Maintenance $53,000.00 Insurance $4,300.00' Annual Review (Audit) $2,000.00. City Administrative Fee 1 $26,260.00. Budget Expenses $1,568,810.00' Estimated Operating $392,202.00 ' Reserve Total Expenses $1,961,012.00' The total budgeted costs of the improvements are $1,961,012.00. Of this amount, $1,312,990.00 will be funded by assessments collected on privately owned parcels located in the district by applying a rate of $0.21 cents per each $100.00 of property value for residential property and $0.11 cents per each $100.00 of property value for commercial property. Logname: 17PID07BENHEAR2011 Page 2 of 3 The remainder of the costs, $648,022.00 will be funded by other revenue sources: $183,022.00 from the City for payment in lieu of services; $15,000.00 from the District's Builder Assessment of $200.00 per lot; and $450,000.00 from prior years' assessments. The Heritage PID is located in COUNCIL DISTRICT 2. 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 002507002000 5) GS87 488342 002507002000 5) GS87 539120 002507002000 CERTIFICATIONS: FROM Fund /Account/Centers $26,260.00 6) GS87 539120 002507002000 $26.260.00 8) GS87 539120 002507002000 $183.022.00 4) GG01 539120 0808021 $1,312,990.00 $1,496,012.00 Submitted for City Manager's Office by. Originating Department Head: Additional Information Contact: Logname: 17PID07BENHEAR2011 Susan Alanis (8180) Jay Chapa (5804) Sylvia Flores (8550) $26.260.00 $161,317.00 $183,022.00 Page 3 of 3