HomeMy WebLinkAboutOrdinance 19884-09-2011Ordinance No.19884 -09 -2011
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL TRUST FUND IN THE AMOUNT OF $7,431.00, FROM AVAILABLE
FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING
ASSESSMENTS, FOR ADMINISTRATIVE FEES FOR PUBLIC IMPROVEMENT
DISTRICT 8 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 $7,431.00 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 8 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hereby expressly repealed.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.
APPROVED AS TO FORM AND LEGALITY:
O
Assistant City Attorney
ADOPTED AND EFFECTIVE: September 13, 2011
REVENUES
PID Assessment
Prior Year's Assessment
Total Revenues
EXPENSES
Management Fee
Landscape & Maintenance
Comm /Newsletters
Marketing
Security
* Public Events
Capital Improvements
Professional Services
Insurance
Audit/Accounting
City Administrative Fee
Budget Expenses
Estimated Operating Reserve
Total Expenses
* Fort Worth Music Festival
West Camp Bowie event
Holiday Event
Total
City of Fort Worth
PROPOSED BUDGET AND FIVE -YEAR SERVICE PLAN
Public Improvement District No. 8 - CAMP BOWIE
FY11/12
FY12/13
FY13/14
FY14/15
FY15/16
371,558
370,000
375,000
380,000
385,000
250,000
28,615
17,515
25,115
41,415
$ 621,558
$ 398,615
$ 392,515
$ 405,115
$
426,415
74,312
74,000
75,000
76,000
77,000
71,100
65,000
65,000
65,000
65,000
10,000
8,000
8,000
8,000
8,000
41,000
25,000
30,000
30,000
30,000
25,000
20,000
20,000
20,000
20,000
115,000
90,000
90,000
90,000
90,000
155,000
30,000
10,000
5,000
5,000
72,000
45,000
45,000
45,000
45,000
4,100
4,700
4,900
5,100
5,200
18,000
12,000
12,000
12,000
12,000
7,431
7,400
7,500
7,600
7,700
$ 592,943
$ 381,100
$ 367,400
$ 363,700
$
364,900
$ 28,615
$ 17,515
$ 25,115
$ 41,415
$
61,515
$ 621,558
$ 398,615
$ 392,515
$ 405,115
$
426,415
$ 70,000
$ 15,000
30,000
$ 115,000
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 9/13/2011 - Ordinance Nos.. 19883 -09 -2011, 19884 -09- 2011
& 19885 -09 -2011
DATE: Tuesday, September 13, 2011 REFERENCE NO.: BH -271
LOG NAME: 17PID08BENHEAR2011
SUBJECT:
Conduct a Public Benefit Hearing for Public Improvement District 8, Camp Bowie Corridor 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, 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 Camp Bowie District, Inc., to Manage the
District (COUNCIL DISTRICTS 3 and 7)
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 8, Camp Bowie Corridor Public Improvement District, for the the 2011 tax
year;
2. Approve the attached Fiscal Year 2011 -2012 budget and five -year service plan for the Camp Bowie
Corridor Public Improvement District;
3. Adopt the attached ordinance levying special assessments on property in the Camp Bowie Corridor
Public Improvement District subject to assessment;
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$371,558.00 in the Special Assessment District Fund, Public Improvement District 8 Fiscal Year 2011-
2012 Project Account, from available funds;
5. Authorize the transfer of $7,431.00 for administrative fees from the Special Assessment District Fund,
Public Improvement District 8 Fiscal Year 2011 -2012 Project Account, to the Special Trust Fund
contingent upon the adoption of the attached ordinance levying assessments;
6. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund by $7,431.00 from available funds; and
7. Authorize the execution of an agreement with Camp Bowie District, Inc., to provide management and
improvement services for the Camp Bowie Corridor Public Improvement District during Fiscal Year 2011-
2012 for the sum of $74,312.00.
DISCUSSION:
On December 16, 2008, (M &C G- 16380) the City Council adopted Resolution No. 3697 -12 -2008
Logname: 17PID08BENHEAR2011 Page I of 3
reestablishing Public Improvement District 8 (Camp Bowie Corridor 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 Camp Bowie Corridor PID's fund.
On August 23, 2011, (M &C BH -264) 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 Camp Bowie
Corridor PID in accordance with State law.
The improvements and services to be provided in the PID and the costs thereof are:
- -
Improvements Total Budgeted
. osts
Management Fee
. ......
Landscape & Maintenance
Communications /Newsletters
Marketing
Economic Development
Public Events
Capital Improvements
Professional Services
Insurance
Audit/Accountina
Administrative Fee
;Budget Expenses
Estimated Operating
Reserve
otal Expenses
$
74,312.00
$
71,100.00
$
10,000.00'
$
41,000.00
.........
$
.........
25,000.00
$115,000.00
$155,000.00
$
72,000 00'
................................ _
$
- ..............
4,100.00
$ 18,000.00
�$ 7,431.00'
$592,943.00
$ 28,615.00
$621,558.00
The total budgeted costs of the improvements and services are $621,558.00. Of this amount,
$371,558.00 will be funded by assessments collected on privately owned parcels located in the district by
applying a rate of $0.10 cents to each $100.00 of property value for commercial property. The remainder
of the costs, $250,000.00 will be funded by prior years' assessments and revenues.
The Camp Bowie Corridor PID is located in COUNCIL DISTRICTS 3 AND 7.
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 budget, as appropriated,
of the Special Assessment District Fund and the Special Trust Fund.
Logname: 17PID08BENHEAR2011 Page 2 of 3
FUND CENTERS:
TO Fund /Account/Centers
5)6) FE72 481306 017587001000
6) FE72 511010 017587001000
4) GS87 488342 002508002000
4) GS87 539120 002508002000
CERTIFICATIONS:
FROM Fund /Account/Centers
$7,431.00 5) GS87 539120 002508002000
$7,431.00 7) GS87 539120 002508002000
$371,558.00
$371,558.00
Submitted for City Manager's Office by-
Originating Department Head:
Additional Information Contact:
Susan Alanis (8180)
Jay Chapa (5804)
Sylvia Flores (8550)
$7,431.00
$74,312.00
Logname: 17PID08BENHEAR2011 Page 3 of 3