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Home My WebLink AboutOrdinance 23786-08-2019 Ordinance No. 23786-08-2019 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FISCAL YEAR 2019-2020 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 14— TRINITY BLUFF FUND IN THE AMOUNT OF $73,365.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING SPECIAL ASSESSMENTS FOR THE 2019 TAX YEAR, FOR THE PURPOSE OF PROVIDING IMPROVEMENTS AND SERVICES FOR THE PUBLIC IMPROVEMENT DISTRICT 14 — TRINITY BLUFF DURING FISCAL YEAR 2019-2020; 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 2019-2020 in the Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the Fiscal Year 2019-2020 Fort Worth Public Improvement District 14 — Trinity Bluff Fund ("Fund") in the amount of $73,365.00,from available funds,contingent upon the adoption of the ordinance levying special assessments for the 2019 Tax Year,for the purpose of providing improvements and services for Public Improvement District 14—Trinity Bluff during Fiscal Year 2019-2020. 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, 2019, and ending September 30, 2020, 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 LEGALI CIT-f S CRETARY Tyler F. Wallach,Assi ant City Attorney M ry J. Kayser VoRr ADOPTED AND EFFECTIVE:August 27, 2019 U: ?_ �LXAS FORT WORTH �--� T- rinity Bluff Public Improvement District J_ _ �;. � � r t 0 ' IL 01 7 8 Ilk VIPApt •fir— UF de Vol- 2 4 LEGEND x # PID14 - TRINITY BLUFF N 1 C5 *' 0 0.05 0.1 0.2 Miles v �*,�rs.ff • � � ��x F-�� 'f ' '� I 1 1 1 1 1 1 .... * ° Pre ared on:August 19 2014 COPYRIGHT 2014 CITY OF FORT WORTH. UNAUTHORIZED REPRODUCTION IS A VIOLATION OF APPLICABLE LAWS. THIS PRODUCT IS FOR INFORMATIONAL PURPOSES AND MAY NOT HAVE BEEN PREPARED FOR OR BE SUITABLE FOR LEGAL, ENGINEERING, OR SURVEYING PURPOSES.IT DOES NOT REPRESENTAN ON-THE-GROUND SURVEYAND PRESENTS ONLY THE APPROXIMATE RELATIVE LOCATION OF PROPERTY BOUNDARIES. THE CITY OF FORT WORTH ASSUMES NO RESPONSIBILITY FOR THE ACCURACY OF SAID DATA. FORTWORTH. City of Fort Worth Five Year Service Plan FY 2019-20-FY 2023-24 UO Public Improvement District No. 14-Fort Worth PROPOSED FIVE YEAR SERVICE PLAN FY19/20 FY20/21 FY21/22 FY22/23 FY23/24 REVENUES PID Assessments $73,365 $73,897 $97,014 $97,014 $97,243 Budget Revenues $73,365 $73,897 $97,014 $97,014 $97,243 Use of Fund Balance $0 $0 $0 $0 $0 Total Revenues $73,366 $73,897 $97,014 $97,014 $97,243 EXPENSES Management Fee 11,500 11,720 11,944 11,944 12,173 Utilities 750 750 750 750 750 Landscaping 29,000 30,000 30,000 30,000 30,000 Litter Abatement 3,600 3,600 3,600 3,600 3,600 Security - - - - - Ambassador Program 23,360 23,827 46,720 46,720 46,720 Marketing 2,155 1,000 1,000 1,000 1,000 Holiday Lighting 1,000 1,000 1,000 1,000 1,000 Public Events Capital Improvements - - - - - Insurance - - - - - Annual Review - - - - - City Administrative Fee 2,000 2,000 2,000 2,000 2,000 Budget Expenses 73,366 73,897 97,014 97,014 97,243 Total Expenses $73,366 $73,897 $97,014 $97,014 $97,243 Submitted by Downtown Fort Worth,Inc. August 3,2017 City of Fort Worth, Texas Mayor and Council Communication DATE: 08/27/19 M&C FILE NUMBER: M&C 19-0101 LOG NAME: 13FMS PID14FY20 SUBJECT Conduct Public Benefit Hearing for Public Improvement District 14-Trinity Bluff,Approve Fiscal Year 2019-2020 Budget in the Amount of$73,365 and Five-Year Service Plan,Approve Tax Year 2019 Assessment Roll,Adopt Ordinance Levying Special Assessments for the 2019 Tax Year at a Rate of$0.10 Per Each$100 of Property Value,Authorize Execution of Agreement with Downtown Fort Worth,Inc.,in the Amount of$11,500 to Manage the District,and Adopt Appropriation Ordinance(COUNCIL DISTRICT 9)(PUBLIC HEARING-a.Report of City Staff:Angela Estrada; b.Citizen Presentations;c.Council Action:Close Public Hearing and Approve the M&C) 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 14- Trinity Bluff for the 2019 tax year; 2.Approve the attached Fiscal Year 2019-2020 Budget in the amount of$73,365 and Five-Year Service Plan for Public Improvement District 14- Trinity Bluff; 3.Approve the Tax Year 2019 Assessment Roll for Public Improvement District 14-Trinity Bluff,on file with the City Secretary; 4.Adopt the attached ordinance levying special assessments on the property located in Public Improvement District 14-Trinity Bluff for the 2019 tax year at a rate of$0.10 per each$100 of property value; 5.Adopt the attached ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 14—Trinity Bluff Fund("Fund")in the amount of$73,365,from available funds,and 6.Authorize the execution of an Agreement with Downtown Fort Worth,Inc.,in the amount of$11,500 to provide management of the improvements and services for Public Improvement District 14-Trinity Bluff during Fiscal Year 2019-2020. DISCUSSION: On June 16,2009,the Mayor and City Council adopted Resolution No.3748-06-2009 establishing Fort Worth Public Improvement District 14- Trinity Bluff(Trinity Bluff PID). The purpose of this benefit hearing is to receive comments from the public regarding the 2019-2020 Fiscal Year Budget and Five-Year Service Plan for the Trinity Bluff PID and the proposed assessments to be levied on each property in the Trinity Bluff PID for the 2019 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 2019 Assessment Roll;and(c)adopt the attached ordinances levying the proposed assessments and appropriating funds. The improvements and services to be provided in the Trinity Bluff PID and the costs thereof are as follows: Improvements Total Budgeted Cost Management Fee $11,500 Utilities $750 Landscaping $29,000 Litter Abatement $3,600 Ambassador Program 11$23,360 Marketing 1$2,155 Holiday Lighting $1,000 City Administrative Fee $2,000 Total 11$73,365 The total budgeted costs of the improvements and services are in the amount of$73,365.The entire amount will be funded by assessments collected on privately owned parcels located in the Trinity Bluff PID by applying a rate of$0.10 per each$100.00 of property value.The assessment rate is the same as last year. On August 20,2019,the City Council conducted a public hearing to receive comments on the proposed 2019-2020 Fiscal Year Budget,Five-Year Service Plan,and assessments for the Trinity Bluff PID(M&C BH).Notice of the August 20,2019,benefit hearing and this hearing were published in the Fort Worth Star-Telegram on August 8,2019 and mailed to all record owners of property in the Trinity Bluff PID on August 7,2019,in accordance with state law. The Trinity Bluff PID is located in COUNCIL DISTRICT 9. FISCAL INFORMATION I CERTIFICATION: The Director of Finance certifies that,upon approval of the above recommendations and the adoption of the Fiscal Year 2019-2020 Budget by the City Council,funds will be available in the Fiscal Year 2020 operating budget,as appropriated,of the Fort Worth Public Improvement District 14- Trinity Bluff Fund. Submitted for City Manager's Office by: Kevin Gunn 2015 Originating Business Unit Head: Reginal Zeno 8500 Additional Information Contact: Angela Estrada 8500