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HomeMy WebLinkAboutOrdinance 23792-08-2019 Ordinance No. 23792-08-2019 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FISCAL YEAR 2019-2020 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 20— EAST LANCASTER AVENUE FUND IN THE AMOUNT OF $245,727.00, 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 20—EAST LANCASTER AVENUE 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 20— East Lancaster Avenue Fund ("Fund") in the amount of$245,727.00, 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 20—East Lancaster Avenue 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 LEGALITY: Cl S RETARY Tyler F. ach,As tant City Attorney Ma 6 J. Kayser ADOPTED AND EFFECTIVE: August 27, 2019 'XAS. East Lancaster Public Improvement District District 4 CARVERLY V YEAGER4 �N 7) STALCUF" s; District 5 V�O!D�DLU DIL'L•ARD„ m'. �=^--- T IERNEY z VILLAGE CREEK yO O_' + AMANDA �- EDGEWOOD CL OAKLAND Qx p MILLER � > , cQ,' w TI" AYERS Z 80 �( W, � Uj W BISHOP- s —} 0 .> - tUGHINV 0� gEq 148 31,,1�, I;, ' Prepared on: 0 0.25 0.5 1 Miles Lancaster PiD Parcels February 19, 2019 z 1 , 1 1 1 1 1 , 1 ©Copyright 2019 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 represent an on-the-ground survey and represents only the approximate relative location of property boundaries. The City of Fort Worth assumes no responsibility for the accuracy of said data. City of Fort Worth Five Year Service Plan 3% Public Improvement District No.20-East Lancaster 5% FY19120 FY20/21 FY21/22 FY22/23 FY23124 REVENUES PID Assessments $245,727 $253,099 $260,692 $268,513 $276,568 Budget Revenues $245,727 $263,099 $260,692 $268,513 $276,W8 Use of Fund Balance - - - - Total Revenues $245,727 $263,099 $260,692 $268,513 $276,568 EXPENSES Management Fee 15.800 16,590 17,420 18,290 19,205 City Administrative Fee 4,915 5,062 5,214 5.370 5,531 Security Patrols 180,617 200,000 210,000 220,500 231,525 Insurance 2,000 2,060 2,122 2,185 2,251 Community Marketing/Events 3,000 3,150 3,308 3,473 3,647 PID App Fee 5,000 Budget Expenses 211,332 226,862 238,063 249,819 262,159 Contribution to Fund Balance(Reserve) 34,395 $26,237 $22,629 $18,693 $14,409 Total Expenses $245,727 $263,099 $260,692 $268,513 $270,568 City of Fort Worth, Texas Mayor and Council Communication DATE: 08/27/19 M&C FILE NUMBER: M&C 19-0103 LOG NAME: 13FMS PID20FY20 SUBJECT Conduct Public Benefit Hearing for Public Improvement District 20-East Lancaster Avenue,Approve Fiscal Year 2019-2020 Budget in the Amount of$245,727 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$0.27 Per Each$100.00 of Property Value,Authorize Execution of an Agreement with FirstService Residential Texas,Inc.,in the Amount of$15,800 to Manage the District,and Adopt Appropriation Ordinance(COUNCIL DISTRICTS 5 and 8)(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 20-East Lancaster Avenue for the 2019 tax year; 2.Approve the attached Fiscal Year 2019-2020 Budget in the amount of$245,727 and Five-Year Service Plan for Public Improvement District 20- East Lancaster Avenue; 3.Approve the Tax Year 2019 Assessment Roll for Public Improvement District 20-East Lancaster Avenue,on file with the City Secretary; 4.Adopt the attached ordinance levying special assessments on the property located in Public Improvement District 20-East Lancaster Avenue for the 2019 tax year at a rate of$0.27 per each$100.00 of property value; 5.Adopt the attached ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 20-East Lancaster Avenue Fund in the amount of$245,727;and 6.Authorize the execution of an Agreement with FirstService Residential Texas, Inc.in the amount of$15,800 to provide management of the improvements and services for Public Improvement District 20-East Lancaster Avenue during Fiscal Year 2019-2020. DISCUSSION: On February 12,2019,the City Council adopted Resolution No.5052-02-2019,establishing Fort Worth Public Improvement District 20-East Lancaster Avenue("East Lancaster Avenue 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 East Lancaster Avenue PID and the proposed assessments to be levied on each property in the East Lancaster Avenue 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 East Lancaster Avenue PID during the 2019-2020 Fiscal Year and the costs thereof are as follows: Improvements Total Budgeted Costs— .. —....-------------._ .�. Management Fee _ �$15,800 ..... _� City Administrative Fee $4,915_ Security Patrol 1$180,617 Insurance $2,000 Community Marketing/Events $3,000 PID Application Fee $5,000 Contribution to Fund Balance $34,395 Total $245,727 The total budgeted costs of the improvements and services are in the amount of$245,727.The entire amount of$245,727 will be funded by assessments collected on privately owned parcels located in the East Lancaster Avenue PID by applying a rate of$0.27 per each$100.00 of property value. 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 2019 Assessments for the East Lancaster Avenue 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 East Lancaster Avenue PID on August 7,2019, in accordance with state law. The East Lancaster Avenue PID is located in COUNCIL DISTRICTS 5 and 8. 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 20- East Lancaster Avenue Fund. Submitted for City Manager's Office by: Kevin Gunn 2015 Originating Business Unit Head: Reginald Zeno 8500 Additional Information Contact: Angela Estrada 8500