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HomeMy WebLinkAboutOrdinance 24366-08-2020 ORDINANCE NO.24366-08-2020 AN ORDINANCE LEVYING ASSESSMENTS FOR THE COST OF CERTAIN IMPROVEMENTS AND/OR SERVICES PROVIDED IN FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO. 14 DURING FISCAL YEAR 2020-2021; 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. 14(the"District"); and WHEREAS,the District consists of an area of approximately 21.329 acres bounded by Samuels Avenue, East Belknap Street, East Bluff Street, East Peach Street,Gounah Street,and North Harding Street; and WHEREAS,the Improvements to be provided in Fiscal Year 2020-2021 and their estimated costs are as follows: EXPENSES Management Fee $12,000.00 Utilities $750.00.00 Landscaping $30,000.00 Litter Abatement $3,600.00 Marketing $1,000.00 Holiday Lighting $500.00 Ambassador Program $23,360.00 City Audit/Annual Review $2,500.00 City Administrative Fee $2,000.00 Budgeted Expenses $75,710.00 The total budgeted costs of the Improvements are $75,710.00. Of this amount, $73,058.00 will be funded by assessments collected on property subject to assessment in the District and the remaining amount of$2,653.00 will be transferred from the unaudited, unassigned fund balance through action of City Council on August 25, 2020; and WHEREAS, it is proposed that property subject to assessment in the District be assessed at a rate of $0.10 for each $100 of property value, as of January 1, 2020 and determined by the appraisal district with jurisdiction over property in the District; and WHEREAS, the Improvements and proposed assessments were previously presented in a public Ordinance No.24366-08-2020 Page 1 of 4 hearing conducted by the City Council on August 18, 2020 (M&C 13FMS PID14FY21 BENEFIT) and the assessment roll has been on file in the office of the City Secretary for public inspection;and WHEREAS,the Improvements and proposed assessments were once again heard by the City Council on the 25th day of August,2020,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 and 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; and 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 1,2020,are true and correct. SECTION 3. There shall be,and are hereby, levied and assessed against the parcels of property subject to assessment 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 and method of payment: $0.10 per each$100 of value. SECTION 4. Where more than one person or entity owns an interest in any property described herein, each such 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 Improvement District Assessment Act), together with reasonable attorney's fees and cost of Ordinance No.24366-08-2020 Page 2 of 4 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, 2021 and shall become delinquent if not paid by February 1, 2021. The entire amount assessed against each parcel of property shall bear penalty and interest,from and after February 1,2021 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 or unjust discrimination. SECTION 9. Full power to make and levy reassessments and to correct mistakes,errors,invalidities,or irregularities in the assessments are, in accordance with the law in force in this City,vested in the City. SECTION 10. 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. SECTION 11. 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. Ordinance No.24366-08-2020 Page 3 of 4 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: ATTEST: T e YVGiLG '/I, au"^/��T Tr Wallach(Aug27,202017:05 CDT) VV((// Tyler F. Wallach,Assistant City Attorney Mary J.Kayser,City Secretary M&C: 20-0575 WOR Adopted and Effective: August 25,2020 O v ..... P� Ordinance No.24366-08-2020 Page 4 of 4 City of Fort worth Five Year Service Plan Public Improvement District No.14-Trinity Bluff FY20/21 FY21/22 FY22/23 FY23/24 FY24/25 REVENUES PID Assessments` $ 73,057 $ 74,508 $ 97,514 $ 99,454 $ 101,443 Use of Fund Balance 2,653 2,616 2,500 734 - Total Funds Available for Use $ 75,710 $ 77,124 $ 100,014 $ 100,188 $ 101,443 EXPENSES Management Fee $ 12,000 $ 12,000 $ 12,000 $ 12,000 $ 12,000 Utilities 750 750 750 750 750 Landscaping 30,000 31,414 30,944 31,118 32,344 Litter Abatement 3,600 3,600 3,600 3,600 3,600 Ambassador Program 23,360 23,360 46,720 46,720 46,720 Marketing 1,000 1,000 1,000 1,000 1,000 Holiday Lighting 500 500 500 500 500 City Audit 2,500 2,500 2,500 2,500 2,500 City Administrative Fee 2,000 2,000 2,000 2,000 2,029 Total Budgeted Expenses $ 75,710 $ 77,124 $ 100,014 $ 100,188 $ 101,443 Net Change in Fund Balance $ (2,653) $ (2,616) $ (2,500) $ (734) $ - Estimated Fund Balance,Beginning of Year 25,207 22,554 19,938 17,438 16,704 Estimated Fund Balance,End of Year 22,554 19,938 17,438 16,704 16,704 Reserve Requirement 12,228 12,618 12,854 16,669 16,698 Over(Under)Reserve $ 10,326 $ 7,320 $ 4,584 $ 35 $ 6 •FY2021 Assessment Rate=$.10 City of Fort Worth Five Year Service Plan Public Improvement District No.6-Fort Worth FY20/21 FY21/22 FY22/23 FY23/24 FY24/25 REVENUES PID Assessments $1,614,679 $1,646,969 $1,679,908 $1,713,508 $1,747,778 COFW Payment in lieu of Services 199,556 199,556 199,556 199,556 199,556 Budget Revenues $1,814,235 $1,846,525 $1,879,464 $1,913,064 $1,947,334 Use of Fund Balance Total Revenues $1,814,235 $1,846,525 $1,879,464 $1,913,064 $1,947,334 EXPENSES Management Fee 129,924 132,522 135,172 137,875 140,633 Utilities 158,000 159,000 160,000 161,000 162,000 Landscaping 845,133 750,000 850,000 774,285 785,000 Common Area Maintenance 213,295 151,494 260,000 270,900 281,927 Holiday Decoration 23,000 23,000 23,000 23,000 30,000 Security Enhancements 206,100 207,000 208,000 209,000 210,000 Communications 14,000 14,000 14,000 14,000 14,000 Public Events 34,000 34,000 36,000 36,000 36,000 Capital Improvements 106,000 290,000 107,043 200,000 200,000 Insurance 36,398 36,398 36,398 36,398 36,398 Annual Review 12,100 12,100 12,100 12,100 12,100 City Administrative Fee 36,285 37,011 37,751 38,506 39,276 Budget Expenses 1,814,235 1,846,525 1,879,464 1,913,064 1,947,334 Contribution to Fund Balance - - - - - Total Expenses $1,814,235 $1,846,525 $1,879,464 $1,913,064 $1,947,334 *Projected FY2021 Required reserve balance:$308,244 **$155 Residential/$.035 Commercial F®RTWORTH® TrinityBluff Public Improvement District p i5 2 ' S ii Cr + .� �•ri?+�4 f 1 1. . S • LEGEND " PID14 - TRINITY BLUFF N r a ` 0 0.05 0.1 0.2 Miles Al r.: Prepared on:Au ust 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 REPRESENT AN ON-THE-GROUND SURVEY AND PRESENTS 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,Texas Mayor and Council Communication DATE: 08/25/20 M&C FILE NUMBER: M&C 20-0575 LOG NAME: 13FMS PID14FY21 SUBJECT (CD 9)Conduct Public Benefit Hearing for Forth Worth Public Improvement District 14-Trinity Bluff,Approve Fiscal Year 2020-2021 Budget in the Amount of$75,710.00 and Five-Year Service Plan,Approve Tax Year 2020 Assessment Roll,Adopt Ordinance Levying Special Assessments for the 2020 Tax Year at a Rate of$0.10 Per Each$100.00 of Property Value,Authorize Execution of Agreement with Downtown Fort Worth,Inc.,in the Amount of$12,000.00 to Manage the District,and Adopt Appropriation Ordinance (PUBLIC HEARING-a.Report of City Staff:Anthony Rousseau;b. Public Comment;c.Council Action:Close Public Hearing and Act on 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 Fort Worth Public Improvement District 14-Trinity Bluff for the 2020 tax year; 2. Approve the attached Fiscal Year 2020-2021 Budget in the amount of$75,710.00 and Five-Year Service Plan for Fort Worth Public Improvement District 14-Trinity Bluff; 3. Approve the Tax Year 2020 Assessment Roll for Fort Worth 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 Fort Worth Public Improvement District 14-Trinity Bluff for the 2020 tax year at a rate of$0.10 per each$100.00 of property value; 5. Authorize the execution of an Agreement with Downtown Fort Worth, Inc.,in the amount of$12,000.00 to provide management of the improvements and services for Fort Worth Public Improvement District 14-Trinity Bluff during Fiscal Year 2020-2021;and 6. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the FWPID#14-Trinity Bluff Fund(1)in the amount of$73,057.00 from available funds,and(2)in the amount of$2,653.00 by decreasing available fund balance by the same amount. DISCUSSION: On June 16,2009,the Mayor and City Council adopted Resolution No.3748-06-2009 establishing the 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 Fiscal Year 2020-2021 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 2020 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 2020 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: Fiscal Year 2021 Budget Improvements Total Budgeted Cost Management Fee $12,000.00 Utilities $750.00 Landscaping $30,000.00 Litter Abatement $3,600.00 Ambassador Program $23,360.00 Marketing $1,000.00 Holiday Lighting 500.00 City Audit $2,500.00 City Administrative Fee $2,000.00 Total Expenses $75,710. 00 The total budgeted costs of the improvements and services are in the amount of$75,710.00.Of this amount$73,057.00 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 remainder of the costs in the amount of$2,653.00.00 will be transferred from the unaudited,unassigned fund balance.The assessment rate is the same as last year. On August 18,2020,the City Council conducted a public hearing to receive comments on the proposed Fiscal Year 2020-2021 Budget, Five-Year Service Plan,and assessments for the Trinity Bluff PID.Notice of the August 18,2020 benefit hearing and this hearing were published in the Fort Worth Star-Telegram and mailed to all owners of property on record in the Trinity Bluff PID on August 7,2020,in accordance with state law. The Trinity Bluff PID is located in COUNCIL DISTRICT 9. FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that,upon approval of the above recommendations and the adoption of the Fiscal Year 2020-2021 Budget by the City Council,funds will be available in the Fiscal Year 2021 operating budget,as appropriated,of the FWPID#14-Trinity Bluff Fund. Prior to any expenditure being incurred,the Financial Management Services Department has the responsibility to validate the availability of funds. Submitted for CitvManager's Office by: Jay Chapa 5804 Originating Business Unit Head: Reginald Zeno 8517 Additional Information Contact: Crystal Hinojosa 7808