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HomeMy WebLinkAboutOrdinance 19890-09-2011Ordinance No.19890 -09 -2011 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF $2,000.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING ASSESSMENTS, FOR ADMINISTRATIVE FEES FOR PUBLIC IMPROVEMENT DISTRICT 12 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 $2,000.00 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 12 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: Assistant City Attorney ADOPTED AND EFFECTIVE: September 13, 2011 City of Fort Worth PROPOSED BUDGET AND FIVE -YEAR SERVICE PLAN Public Improvement District No. 12 - Chapel Hill REVENUE PID Assessments Prior Year's Assessments Total Revenues EXPENSES Management Fee Water Utilities Landscape Maintenance Program Fence Maintenance Security /Code Blue Programs Comm unications /Newsletters Marketing Social Programs /Holiday Lighting Capital Improvements Replacements Insurance Annual Review (Audit) City Administration Fee Budget Expenses Estimated Operating Reserve Total Expense FY11/12 FY12/13 FY13/14 FY14/15 FY15/16 50,000 55,000 63,000 70,000 85,000 2,000 3,000 7,000 10,000 10,000 $ 52,000 $ 58,000 $ 70,000 $ 80,000 $ 95,000 8,000 5,000 4,500 25,000 Allf 500 2,600 800 2,000 8,000 5,300 5,000 26,000 E -90] 500 2,600 800 2,000 8,000 6,000 5,500 28,000 2,000 500 600 100 600 3,000 2,800 900 $ 49,000 $ 51,000 $ 60,000 $ 3,000 $ 7,000 $ 10,000 $ 52,000 $ 58,000 $ 70,000 10,000 10,000 7,000 9,000 6,500 7,500 31,000 33,000 2,000 3,000 1,000 1,200 1,000 800 200 300 800 3,000 3,500 4,000 1,000 5,000 3,000 3,200 1,000 1,000 2,000 2,000 $ 70,000 $ 83,000 $ 10,000 $ 80,000 $ $ 12,000 95,000 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/13/2011 - Ordinance Nos.. 19889-09-2011,19890-094011 & 19891 -09 -2011 DATE: Tuesday, September 13, 2011 LOG NAME: 17PID12BENHEAR2011 REFERENCE NO.: BH -273 SUBJECT: Conduct a Public Benefit Hearing for Public Improvement District 12, Chapel Hill 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 RTI /Communities Management Associates, Inc. d /b /a CMA to Manage the District (COUNCIL DISTRICT 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 12, Chapel Hill Public Improvement District, for the 2011 tax year; 2. Approve the attached Fiscal Year 2011 -2012 budget and five -year service plan for the Chapel Hill Public Improvement District; 3. Adopt the attached ordinance levying special assessment on property located in the Chapel Hill Public Improvement District subject to assessment for the 2011 tax year; 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $50,000.00 in the Special Assessment District Fund, Public Improvement District 12 Fiscal Year 2011- 2012 Project Account, from available funds; 5. Authorize the transfer of $2,000.00 for administrative fees from the Special Assessment District Fund, Public Improvement District 12 Fiscal Year 2011 -2012 Project Account, to the Special Trust Fund contingent upon the adoption of the proposed ordinance levying assessments; 6. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Trust Fund by $2,000.00 from available funds; and 7. Authorize the execution of an agreement with RTI /Communities Management Associates, Inc. d /b /a CMA, to provide management and improvement services for the Chapel Hill Public Improvement District during Fiscal Year 2011 -2012 for the sum of $8,000.00. DISCUSSION: On March 23, 2004, the City Council adopted Resolution No. 3060 establishing Fort Worth Public Improvement District 12 (Chapel Hill PID). Logname: 17PID12BENHEAR2011 Page 1 of 3 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 District's fund. On August 23, 2011, (M &C BH -266) the City Council conducted a public hearing to receive comments on the proposed 2011 -2012 Fiscal Year budget and five -year service plan. Notice of this benefit hearing was published in the newspaper and mailed to all record owners of property in the Chapel Hill 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: Water $ 5,000.00 Utilities $ 4,500.00 __ __ __ _ Landscape Maintenance $25,000.00 Pro 9 ram Communications /Newsletters $ 600.00 _._..._......__.� __...... _.... � .... ......... ... ........_ :Social Programs /Holiday $ 500.00 ;Lighting Insurance $ 2,600.00' .._W ....._... Annual Review (Audit) $ 800.00 ;City Administration Fee $ 2,000.00 Budget Expenses $49,000.00 Estimated Operating $ 3,000.00 Reserve .... . Total Expenses $52,000.00 The total budgeted costs of the improvements are $52,000.00. Of this amount, $50,000.00 will be funded by assessments collected on privately owned parcels located in the District by applying a rate of $0.19 cents to each $100.00 of property value. The remainder of the costs, $2,000.00 will be funded by prior year's assessments. The Chapel Hill PID is located in COUNCIL DISTRICT 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: 17PID12BENHEAR2011 Page 2 of 3 Total Improvements B Budgeted Costs .............................. $ 8,000.00 __ . ._._. The total budgeted costs of the improvements are $52,000.00. Of this amount, $50,000.00 will be funded by assessments collected on privately owned parcels located in the District by applying a rate of $0.19 cents to each $100.00 of property value. The remainder of the costs, $2,000.00 will be funded by prior year's assessments. The Chapel Hill PID is located in COUNCIL DISTRICT 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: 17PID12BENHEAR2011 Page 2 of 3 FUND CENTERS: TO Fund /Account/Centers 5)6) FE72 481306 017587001000 6) FE72 511010 017587001000 4) GS87 488342 002512003000 4) GS87 539120 002512003000 CERTIFICATIONS: Submitted for City Manager's Office by: Originating Department Head: Additional Information Contact: FROM Fund /Account/Centers $2,000.00 5) GS87 539120 002512003000 $2,000.00 7) GS87 539120 002512003000 $50,000.00 $50,000.00 Susan Alanis (8180) Jay Chapa (5804) Sylvia Flores (8550) $2,000.00 $8,000.00 Logname: 17PID12BENHEAR2011 Page 3 of 3