HomeMy WebLinkAboutOrdinance 24370-08-2020 ORDINANCE NO. 24370-08-2020
AN ORDINANCE LEVYING SPECIAL ASSESSMENTS FOR THE COSTS OF
CERTAIN IMPROVEMENTS AND SERVICES BENEFITTING PROPERTIES
IN PUBLIC IMPROVEMENT DISTRICT 18 — TOURISM DURING FISCAL
YEAR 2020-2021; SETTING CHARGES AND LIENS AGAINST PROPERTY IN
THE DISTRICT AND AGAINST THE OWNERS THEREOF; PROVIDING
FOR THE COLLECTION OF THE SPECIAL ASSESSMENTS; PROVIDING
FOR DUE DATES, PENALTIES, AND INTEREST; PROVIDING FOR
RELIANCE ON ORDINANCE AND RECITALS IN EVENT OF A SUIT;
PROVIDING A SEVERABILITY CLAUSE; PROVIDING THAT ORDINANCE
IS CUMULATIVE OF ALL NON-CONFLICTING PRIOR ORDINANCES;
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, Chapter 372 of the Texas Local Government Code ("Code") authorizes the
creation of a public improvement district consisting of non-contiguous territory in which is located
hotels meeting certain criteria, with owners/operators of such hotel properties being subject to
assessment to pay for the services and benefits provided by the district; and
WHEREAS, on August 29, 2017, the City Council adopted Resolution No. 4837-08-2017,
establishing Public Improvement District No. 18 - Tourism ("PID") in accordance with Section
372.0035 and other applicable sections of the Code; and
WHEREAS, on August 18, 2020, the City Council adopted a Resolution to Expand the PID
to include five additional hotels (M&C 20-0551) pursuant to Section 372.0121 of the Code and other
applicable section of the Code;
WHEREAS, under Section 372.013 of the Code, the City Council must review and approve
the annual budget for special, supplemental services to be provided in the PID ("Services") and to
determine the amount of assessment that is to be levied against property in the PID to pay for the costs
of such services; and
WHEREAS, the Services to be provided in Fiscal Year 2020-2021 and their estimated costs
are as follows:
Incentives and Sales Efforts $1,855,554.00
Marketing and Research $1,443,208.00
Site Visits and Familiarization Tours $309,259.00
Cultural Enhancements through Marketing and
Promotion of the Arts $309,259.00
Operations and Administration $206,I73.00
City Administrative Fee $55,000.00
Total Expenses $4,178,453.00
The total budgeted cost of the Services is $4,178,453.00, the entirety of which will be funded
by special assessments on the owners/operators of PID hotels with 100 or more rooms, with such
Ordinance No.24370-08-2020
Pagel of 6
assessments being in an amount equal to two percent of revenues that the hotels receive from taxable
hotel room night charges and with the names of such hotels being listed in Exhibit "A," which is
attached hereto and hereby made a part of this Ordinance for all purposes (such properties hereinafter
being referred to as "Hotel Parcels" and the hotels located thereon being referred to as "Qualifying
Hotels"); and
WHEREAS, the Texas Comptroller of Public Accounts has indicated that owners/operators
may seek reimbursement in an amount equal to the special assessment from hotel guests, with such
reimbursement being a mandatory charge that is subject to state and local hotel tax(Texas Comptroller
Opinion Letter 201111277L,November 8, 2011); and
WHEREAS, it is proposed that the owners/operators of the Hotel Parcels located in the PID
be assessed at a rate of two percent(2%)of the consideration received from occupancy of any sleeping
room furnished by Qualifying Hotels, which assessments shall be collected in the same manner and in
accordance with the same procedures as those established for collection of the City's hotel occupancy
tax, as set forth in Chapter 32,Article 11 of the City Code; and
WHEREAS, the Services and proposed assessments were previously presented in public
hearings conducted by the City Council beginning at 10:00 a.m. on August 18, 2020 (M&C 13FMS
PID 18FY21 BENEFIT) and at 7:00 p.m. on August 25, 2020 in the City Council Chambers in City
Hall in the City of Fort Worth, Texas ("Public Hearings"); and
WHEREAS, notice of the Public Hearings was published and mailed in accordance with state
law, and all persons desiring to be heard were given a full and fair opportunity to be heard at the Public
Hearing.
NOW,THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS:
SECTION 1.
The Public Hearings are 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 Hearings, finds that the assessments described herein on Hotel Parcels should
be made and levied in a manner that results in imposing the costs of the Services on Qualifying Hotels
that are similarly benefitted from the provision of those Services. The apportionment of those costs
will be based on the special benefits accruing to the Qualifying Hotels on account of the Services
provided. As a result, those Qualifying Hotels that sell more guest rooms will pay a greater portion of
the costs of the Services because those properties will have received a greater benefit from the
promotions and marketing comprising the Services. The City Council further finds that this method of
assessment is fair and equitable and results in an apportionment of the costs of the Services that
Ordinance No.24370-08-2020
Page 2 of 6
complies with applicable law.
SECTION 3.
In accordance with Section 372.017, Texas Local Government Code, in order to pay the costs
of the Services provided during Fiscal Year 2020-2021, effective October 1, 2020 the City hereby
levies a special assessment against owners/operators of the Hotel Parcels in an amount equal to two
percent (2%) of the consideration received from the occupancy of any sleeping room furnished by
Qualifying Hotels, which assessments shall be collected in the same manner and in accordance with
the same procedures as those established for collection of the City's hotel occupancy tax, as set forth
in Chapter 32, Article II of the City Code.
SECTION 4.
The assessments levied hereunder, together with reasonable attorney's fees and cost of
collection, if incurred, are hereby declared to be and are made a lien upon the Hotel Parcels and
Qualifying Hotels, and are a personal liability and charge against the real and true owners of such
properties,whether such owners are correctly named herein or not. Such liens shall be and constitute
the first enforceable lien and claim against the Hotel Parcels and Qualifying Hotels,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 each county in which a Hotel Parcel and Qualifying
Hotel are located, 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 assessed against the Hotel Parcels shall be and become due at the same time that
hotel occupancy taxes on the Qualifying Hotels located thereon become due, and shall become
delinquent if not paid by the applicable deadlines for hotel taxes remittance established by Chapter 32,
Article II of the City Code. The entire amount assessed against each Hotel Parcel shall bear penalty
and interest, from and after the respective due date at the same rate as prescribed Chapter 32,Article II
of the City Code, for hotel tax.
SECTION 5.
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 6.
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 permitted by applicable law.
Ordinance No.24370-08-2020
Page 3 of 6
SECTION 7.
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 8.
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 the Recitals hereto are in fact true, and further
allegations with reference to the proceedings relating to such assessment and reassessment shall not be
necessary.
SECTION 9.
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.
SECTION 10.
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 11.
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 er Wallach(Aug 27,202017.16 CDT)
Tyler F. Wallach, Assistant City Attorney Mary J. Kayser, City Secretary
M&C: 20-0577 f 0 ...
Adopted: August 25, 2020 �►>' ��
Uj '_
Ordinance No.24370-08-2020
Page 4 of 6
EXHIBIT "A"
QUALIFYING HOTELS IN THE TOURISM PID
Tourism PI D Iloteb
Account Nme Address City,stage,21p RMs
AC Hotel Fort Worth-Downtown 610 Main St Fort Wont,TX 76102
Aloft Downtown Fort Worth 300 Throckmorton Fort Worth,TX 761021
American Amines Training and Conference Center 4601 State"360 Fort Wont,TX 76156 299
Autograph Collection Downtown Fat Worth 512 Main St. Fort Worth TX 76102 165
Budget Suites of America-Fossil Creek 35M NE Loop 820 Fort Worm,TX 76137 306
Candlewood Suites-DFW South 4200 Reggis Drive Fort Worth TX 76155 174
Courtyard by Marriott-Alliance 3001 Amada Dr. Fort Worth TX 76177 127
Courtyard by Marriott-ftckstone W9 Main Street Fort Worth.TX 76102 203
Courtyard by Marriott-Fossil Creek 3751 NE Loop 820 Fat Wont.TX 76137 154
Courtyard by Marriott-Stockyards 2537 Main St, Fat Worm.TX 76164 124
Courtyard by Marriott-University Drive 3150 Riverfront Fat Worth TX 76107 130
Courtyard by Marriott-West at Cityview 6400 Overton Ridge Boulevard Fort Worm.TX 76132 104
Crossland Economy Studios-Fossil Creek 38M Tanaaoss Fort Warn.TX 76137 124
Dakvath Ion 812 E.Felix Street Fat Worth.TX 76116 120
DFW Airport Marriott South 4161 Centreport Boulevard Fat Worth.TX 76156 295
DFW Marriott Hotel and Golf Club at Champions Circle 33M Championship Pkwy Fat Worth TX 761T7 286
Embassy Suites Hotel-Downtown Fat Worth 600 Commerce Street Fat Worth.TX 76102 1 W
Extended Stay America-City flew 5065 Bryant I vin Rd Fort Worth.TX 76132 104
Fairfield Ion E Stites Downtown 1010 Houston Fat Worm.TX 76102 110
Fairfield Ion 8 Suites Fossil Creek 3701 NE Loop 620Worth,TX 761371
Hampton n and Suites-Wesv1.30 270D Green s Fort Worth.TX t 7 Inn
Hampton Inn and Suites-DFW South 4201 Reggis Court Fort Worm.TX 761 116
Hampton Inn and Suites Downtown Fat Worm 1001 Commerce St, Fort Worth.TX 76102 245
Hawthorn Suites-University 1701 Sant University Drive Fort Warn.TX 76107 t
Hilton Fort Worth 815 Main Street Fart Worth.TX 76102 294
Fitton Garden Inn-Fort Worth Alliance Airport 260D Westport Parkway Fort Worm.TX 76177 127
Hilton Garden Inn-Medical Center 912 Namlon Street Fort Worth.TX 76104 157
Ordinance No.24370-08-2020
Page 5 of 6
Holiday Inn-DFW Airport South 14320 Centre Station Road Fort Worth,TX 76155 143
Holiday Inn Express-Downtown 1111 W Lancaster Fort Worth,TX 76102 132
Holiday Inn North-Fossil Creek 4635 Gemini Place Fort Worth,TX 76106 126
Homewood Suites-Fossil Creek 3701 Tanaanss Fort Worth,TX 76137 137
Homewood Suites-Medical Center 2200 Charlie lane Fort Worth.TX 76104 167
Hyatt Place-Alliance Town Center 3201 Alliance Town Center Fort Worth,TX 76177 130
Hyatt Place-Cityview 5900 Cityview Street Fort Worth,TX 76132 127
Hyatt Place-Stockyards 132 E Exchange FortWorlh,TX 76164 100
Hyatt Place-TCU 25M West Berry Street Fort Worth,TX 76109 127
Vimpton Hotel 714 Main St Fort Worth,TX 76102 232
La Quints Inn and Suites-Fort Worth North 2501 Polaris Dr Fort Worth,TX 76137 133
La Quints Inn and Suites-Southwest 6100 Overton Ridge Fort Worth,TX 76132 128
Omni Fat Worth Hotel 13W Houston Fort Worth,TX 76102 614
Quality Inn and Suites-Cattle Baron 2700 S Cherry Lane Fort Worth,TX 76116 109
Radisson-Fort Worth South Hotel 100 Alta Mesa East Fort Worth,TX 76134 247
Radisson Hotel-Fort Worth Fossil Creek 2540 Meacham Street Fort Worth,TX 76106 247
Residence Inn-Alliance Airport 13400 North Freeway Fort Worth,TX 76177 111
Residence Inn-Cultural District 2500 Museum Way Fort Worth,TX 76177 150
Residence Inn-Fossil Creek 5801 Sandsheil Drive Fort Worth,TX 76137 114
Sheraton Fat Werth Hotel and Spa 1601 Commerce Street Fort Worth,TX 76102 429
SpringHiil Suites by Merhott-Stockyards 2315 N Main St Fort Worth,TX 76164 170
SpringHiil Suites by Marriott-University 3250 Lovell Street Fort Worth,TX 76107 145
Stay Express Had Fat Worth 2000 Beach Street Fort Worth,TX 76111 168
TownePtace Suites Downtown 1Belknap Fort orth,
awnePlace Suites University 3450 W Vickery Fort Wort—h—TX-771071
WoodSpring Suites Fort Worth 3501 NE Loop 620 Fort Worth, X 76137 721
Worthington Renaissance Hotel 200 Main Street Fort Werth,TX 76102 504
Ordinance No.24370-08-2020
Page 6 of 6
City of Fort worth
Seven Year Service Plan
Public Improvement District No.18-Tourism
FY 20/21 FY21/22 FY22/23 FY23/24 FY24/25
REVENUES
PID Assessments $ 4,178,453 $ 4,746,249 $ 5,102,218 $ 5,408,351 $ 5,678,769
EXPENSES
Incentives&Sales Efforts $ 1,855,554 $ 2,111,062 $ 2,271,249 $ 2,409,008 $ 2,530,696
Marketing and Research(Promotion/Advertising) 1,443,208 1,641,937 1,766,526 1,873,673 1,968,319
Site Visits&Familiarization Tours 309,259 351,844 378,541 401,501 421,783
Cultural Enhancements through
Marketing and promotion of the Arts 309,259 351,844 378,541 401,501 421,783
Operations&Administration 206,173 234,562 252,361 267,668 281,188
City Administrative Fee 55,000 55,000 55,000 55,000 55,000
Total Budgeted Expenses $ 4,178,463 $ 4,746,249 $ 5,102,218 $ 6,408,361 $ 6,678,769
Net Change in Fund Balance $ - $ - $ - $ - $
Estimated Fund Balance,Beginning of Year 2,236,747 2,236,747 2,236,747 2,236,747 2,236,747
Estimated Fund Balance,End of Year 2,236,747 2,236,747 2,236,747 2,236,747 2,236,747
Reserve Requirement 618,992 696,409 791,042 850,370 901,392
Over(Under)Reserve $ 1,617,766 $ 1,640,338 $ 1,445,705 $ 1,386,377 $ 1,335,366
Tourism PID Hotels
Account Name Address City,State,Zip RMS
AC Hotel Fort Worth-Downtown 610 Main St Fort Worth,TX 76102 252
Aloft Downtown Fort Worth 300 Throckmorton Fort Worth,TX 76102 180
American Airlines Training and Conference Center 4601 State Hwy 360 Fort Worth,TX 76155 299
Autograph Collection Downtown Fort Worth 512 Main St. Fort Worth,TX 76102 165
Budget Suites of America-Fossil Creek 3500 NE Loop 820 Fort Worth,TX 76137 366
Candlewood Suites-DFW South 4200 Reggis Drive Fort Worth,TX 76155 174
Courtyard by Marriott-Alliance 3001 Amador Dr. Fort Worth,TX 76177 127
Courtyard by Marriott-Blackstone 609 Main Street Fort Worth,TX 76102 203
Courtyard by Marriott-Fossil Creek 3751 NE Loop 820 Fort Worth,TX 76137 154
Courtyard by Marriott-Stockyards 2537 Main St. Fort Worth,TX 76164 124
Courtyard by Marriott-University Drive 3150 Riverfront Fort Worth,TX 76107 130
Courtyard by Marriott-West at Cityview 6400 Overton Ridge Boulevard Fort Worth,TX 76132 104
Crossland Economy Studios-Fossil Creek 3860 Tanacross Fort Worth,TX 76137 124
Dalworth Inn 812 E.Felix Street Fort Worth,TX 76115 120
DFW Airport Marriott South 4151 Centreport Boulevard Fort Worth,TX 76155 295
DFW Marriott Hotel and Golf Club at Champions Circle 3300 Championship Pkwy Fort Worth,TX 76177 286
Embassy Suites Hotel-Downtown Fort Worth 600 Commerce Street Fort Worth,TX 76102 156
Extended Stay America-City View 5065 Bryant Irvin Rd Fort Worth,TX 76132 104
Fairfield Inn&Suites Downtown 1010 Houston Fort Worth,TX 76102 110
Fairfield Inn&Suites Fossil Creek 3701 NE Loop 820 Fort Worth,TX 76137 106
Hampton Inn and Suites- West/1-30 2700 Green Oaks Fort Worth,TX 76177 105
Hampton Inn and Suites-DFW South 4201 Reggis Court Fort Worth,TX 76155 116
Hampton Inn and Suites Downtown Fort Worth 1001 Commerce St. Fort Worth,TX 76102 245
Hawthorn Suites-University 1701 South University Drive Fort Worth,TX 76107 120
Hilton Fort Worth 815 Main Street Fort Worth,TX 76102 294
Hilton Garden Inn-Fort Worth Alliance Airport 2600 Westport Parkway Fort Worth,TX 76177 127
Hilton Garden Inn-Medical Center 912 Northton Street Fort Worth,TX 76104 157
Holiday Inn-DFW Airport South 14320 Centre Station Road Fort Worth,TX 76155 143
Holiday Inn Express-Downtown 1111 W Lancaster Fort Worth,TX 76102 132
Holiday Inn North-Fossil Creek 4635 Gemini Place Fort Worth,TX 76106 126
Homewood Suites-Fossil Creek 3701 Tanacross Fort Worth,TX 76137 137
Homewood Suites-Medical Center 2200 Charlie Lane Fort Worth,TX 76104 157
Hyatt Place-Alliance Town Center 3201 Alliance Town Center Fort Worth,TX 76177 130
Hyatt Place-Cityview 5900 Cityview Street Fort Worth,TX 76132 127
Hyatt Place-Stockyards 132 E Exchange FortWorth,TX 76164 100
Hyatt Place-TCU 2500 West Berry Street Fort Worth,TX 76109 127
Kimpton Hotel 714 Main St Fort Worth,TX 76102 232
La Quinta Inn and Suites-Fort Worth North 2501 Polaris Dr Fort Worth,TX 76137 133
La Quinta Inn and Suites-Southwest 6100 Overton Ridge Fort Worth,TX 76132 128
Omni Fort Worth Hotel 1300 Houston Fort Worth,TX 76102 614
Quality Inn and Suites-Cattle Baron 2700 S Cherry Lane Fort Worth,TX 76116 109
Radisson-Fort Worth South Hotel 100 Alta Mesa East Fort Worth,TX 76134 247
Radisson Hotel-Fort Worth Fossil Creek 2540 Meacham Street Fort Worth,TX 76106 247
Residence Inn-Alliance Airport 13400 North Freeway Fort Worth,TX 76177 111
Residence Inn-Cultural District 2500 Museum Way Fort Worth,TX 76177 150
Residence Inn-Fossil Creek 5801 Sandshell Drive Fort Worth,TX 76137 114
Sheraton Fort Worth Hotel and Spa 1601 Commerce Street Fort Worth,TX 76102 429
SpringHill Suites by Marriott-Stockyards 2315 N Main St Fort Worth,TX 76164 170
SpringHill Suites by Marriott-University 3250 Lovell Street Fort Worth,TX 76107 145
Stay Express Hotel Fort Worth 2000 Beach Street Fort Worth,TX 76111 168
TownePlace Suites Downtown 801 E Belknap Fort Worth,TX 76102 140
TownePlace Suites University 3450 W Vickery Fort Worth,TX 76107 128
WoodSpring Suites Fort Worth 3501 NE Loop 820 Fort Worth,TX 76137 121
Worthington Renaissance Hotel 200 Main Street Fort Worth,TX 76102 504
City of Fort Worth,Texas
Mayor and Council Communication
DATE: 08/25/20 M&C FILE NUMBER: M&C 20-0577
LOG NAME: 13FMS PID18FY21
SUBJECT
(ALL)Conduct Public Benefit Hearing for the Fort Worth Public Improvement District No. 18-Tourism,Approve Fiscal Year 2020-2021 Budget in
the Amount of$4,178,453.00 and Seven-Year Service Plan,Approve Assessment Roll,Adopt Ordinance Levying Special Assessments for Fiscal
Year 2021,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 property located in the Fort Worth Public Improvement
District 18-Tourism for Fiscal Year 2020-2021;
2. Approve the attached Fiscal Year 2020-2021 Budget in the amount of$4,178,453.00 and Seven-Year Service Plan for the Fort Worth Public
Improvement District 18-Tourism;
3. Approve the Assessment Roll for the Fort Worth Public Improvement District 18-Tourism,on file with the City Secretary;
4. Adopt the attached ordinance levying special assessments on property located in the Fort Worth Public Improvement District 18-Tourism for
Fiscal Year 2020-2021;and
5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the FWPID#18-Tourism Fund for Fiscal
Year 2020-2021 in the amount of$4,178,453.00 from available funds.
DISCUSSION:
On August 29,2017,the City Council adopted Resolution No.4837-08-2017,establishing the Fort Worth Public Improvement District 18-Tourism
(Tourism PID) On August 18,the City Council adopted a Resolution to expand the boundaries of the Tourism PID to include five(5)additional
hotels(M&C 20-0551).
The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2020-2021 budget and seven-year service
plan for the Tourism PID,and the proposed assessments to be levied on each property in the Tourism 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 seven-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 Tourism PID during Fiscal Year 2021 and the associated costs thereof are as follows:
Fiscal Year 2021 Budget
Total Budgeted
Improvements Costs
Incentive&Sales Efforts $ 1,855,554.00
Marketing and Research $ 1,443,208.00
Site Visits&Familiarization Tours $309,259.00
Cultural Enhancements through Marketing and
promotion of the Arts $309,259.00
Operations&Administration $206,173.00
City Administrative Fee $55,000.00
Total Expenses $4,178,453.00
The total budgeted costs of the improvements and services are$4,178,453.00,all of which will be funded by the owners/operators of Tourism PID
hotels with 100 or more rooms paying a special assessment at a rate of two percent of revenues they receive from a hotel room.The
owners/operators may seek reimbursement in an amount equal to the special assessment from hotel guests,with such reimbursement being a
mandatory charge that is subject to state and local hotel tax.
Due to the steep drop in hotel occupancy rates as a result of the COVID-19 situation,City staff,the Fort Worth Tourism Public Improvement District
Corporation(FWTPIDC),and the Fort Worth Convention and Visitors Bureau(FWCVB)have identified the need to decrease the Tourism PID
Assessment revenue equal to 18%,or$937,425.00,over the Fiscal Year 2019-2020 budget.
On August 18,2020,the City Council conducted a public hearing to receive comments on the proposed Fiscal Year 2020-2021 Budget,seven-
year service plan,and 2020 assessments for the Tourism PID(M&C 13FMS PID18FY21 BENEFIT). Notice of the August 18,2020,benefit
hearing and this hearing were published in the Fort Worth Star-Telegram on August 2,2020,and mailed to all hotel owners/operators on record in
the Tourism PID on July 31,2020,in accordance with state law.
In fiscal year 2018,the City entered into a contract with the FWTPIDC and the FWCVB to manage the operations of the Tourism PID.The term of
this agreement is commensurate with the term of the Tourism PID;thus,the FWTPIDC and the FWCVB will continue to manage the operations of
the Tourism PID for Fiscal Year 2020-2021.
The Tourism PID properties are located in ALL COUNCIL DISTRICTS.
A Form 1295 is not required because:This M&C does not request approval of a contract with a business entity.
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#18-Tourism Fund. Prior to any
expenditure being incurred,the Financial Management Services Department has the responsibility to validate the availability of funds.
Submitted for Cily Manager's Office by: Jay Chapa 5804
Originating Business Unit Head: Reginald Zeno 8517
Additional Information Contact: Crystal Hinojosa 7808