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HomeMy WebLinkAboutOrdinance 24372-08-2020 ORDINANCE NO.24372-08-2020 AN ORDINANCE LEVYING ASSESSMENTS FOR THE COST OF CERTAIN IMPROVEMENTS AND/OR SERVICES PROVIDED IN FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO. 19 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 Fort Worth Public Improvement District No. 19 (the"District"); and WHEREAS,the District consists of approximately 238.76 acres of land generally consisting of. all commercial land use areas along the Camp Bowie Blvd. corridor from Montgomery (on the east)to Irene(on the west); all commercial land use areas along W. 7"' Street from University to Montgomery;and WHEREAS,the Improvements to be provided in Fiscal Year 2020-2021 and their estimated costs are as follows: EXPENSES Management Fee $93,962.00 Beautification $10,905.00 Green Ribbon Funding $15,000.00 Beautification — Utilities $20,000.00 Beautification - Maintenance $88,086.00 Litter Abatement $79,800.00 Security $24,960.00 Economic Development $122,100.00 Marketing and Promotion $28,828.00 Communication $24,000.00 Insurance $7,035.00 Audit $6,000.00 Annual Review/City Audit $2,625.00 City Administration $9,396.00 Budget Expenses $ 532,697.00 The total budgeted costs of the Improvements are $532,697.00. Of this amount, $452,020.00 will be funded by assessments collected on privately owned parcels located in the District. The remainder of the costs will be funded as follows: • $17,791.00 in a direct payment from the City for payment in lieu of services, which was appropriated from the General Fund balance by City Council action on August 25,2020;and • $62,886.00 to be transferred from the unaudited, unassigned fund balance. Ordinance No.24372-08-2020 Page 1 of 4 WHEREAS, it is proposed that commercial property subject to assessment in the District be assessed at a rate of$0.10 per 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 hearing conducted by the City Council on August 18, 2020 (M&C 13FMS PID19FY21 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 presented to the City Council in a public hearing conducted 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 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 for commercial property subject to assessment in the District. Ordinance No.24372-08-2020 Page 2 of 4 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 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. Ordinance No.24372-08-2020 Page 3 of 4 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. 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: �v c%(iiA2h Tyler Wallach(Aug 27,202017:17 CDT) Tyler F. Wallach,Assistant City Attorney Mary J. Kayser,City Secretary M&C: 20-0578 Adopted and Effective: August 25,2020 (2) Ordinance No.24372-08-2020 Page 4 of 4 W1�1" t LU LU 10 o Fri UJACID re Q ICE o r = OG ">o W N w 04 •e I.0 o U f41�1J14 •. W. v E ` O C G W m c = u ,4�ERR{C Y � G o v CaE E o -I ►t! ` v Y -411 U11111 all gill`' , " ` u m 1 1 ■ -' � :EO CAM o. c #O 3 ° E c N ° To 1 SQ� �r I poll A o a O j l/ I , C aw > L g51 ^ c `o en w N C.0 w- 0 \ • 7 w `\+\ SAVO N338!) 6vAG1 .A w Q A o N - i �J «'� is \` c `o o � o � 3� in \ (h ZN E ` oa> o 41 d = LL 0 N L MERE _ 01 • • v W uO 1_ALTA " 50 .4d O• ` E o ID o ^ a � I a-, 1.L 9 °c c -1Z City of Fort Worth Five Year Service Plan-FY 2020/2021 FINAL Public Improvement District No.19-Historic Camp Bowie FYE 20121 FYE 21122 FYE 22123 FYE 23124 FYE 24125 REVENUES PIDAssessments $ 452,020 $ 470,101 $ 488,905 $ 508,461 $ 528,799 COFW Payment in lieu of Services 17,791 17,791 17,791 17,791 17,791 Total Budgeted Revenues $ 469,811 $ 487,892 $ 506,696 $ 526,252 $ 546,590 Use of Funds Balance 62,886 - - - - Total Funds Available for Use $ 532,697 $ 487,892 $ 506,696 $ 526,252 $ 546,590 EXPENSES Management Fee $ 93,962 $ 94,020 $ 97,781 $ 101,692 $ 105,760 Beautification(Currently Undesignated) 10,905 70,760 85,211 72,944 76,201 Green Ribbon Funding 15,000 - - - - Beautification-Utilities 20,000 20,000 20,000 20,000 20,000 Beautification-Maintenance 88,086 110,740 108,648 126,304 126,842 Litter Abatement 79,800 82,194 86,304 90,620 96,963 Security 24,960 26,208 27,518 28,894 30,338 Economic Development 122,100 4,925 - - - Marketing&Promotion 28,828 28,000 28,000 30,000 32,000 Communication 24,000 25,200 26,460 27,783 29,172 Insurance 7,035 7,387 7,756 8,144 8,551 Audit 6,000 6,300 6,615 6,946 7,293 City Administrative Fee 9,396 9,402 9,778 10,169 10,576 City Administrative Audit 2,625 2,756 2,625 2,756 2,894 Total Budgeted Expenses $ 532,697 $ 487,892 $ 506,696 $ 526,252 $ 546,590 Net Change in Fund Balance $ (62,886) $ - $ - # $ - $ - Estimated Fund Balance,Beginning of Year 161,736 98,850 98,850 # 98,850 98,850 Estimated Fund Balance,End of Year 98,850 98,850 98,850 # 98,850 98,850 Reserve Requirement 98,850 88,783 81,315 84,449 87,709 Over(Under)Reserve $ - $ 10,067 $ 17,535 # $ 14,401 $ 11,141 `FY2021 Assessment Rate=$.10 City of Fort Worth, Texas Mayor and Council Communication DATE: 08/25/20 M&C FILE NUMBER: M&C 20-0578 LOG NAME: 13FMS PID19FY21 SUBJECT (CD 3 and CD 7)Conduct Public Benefit Hearing for Fort Worth Public Improvement District 19-Historic Camp Bowie,Approve Fiscal Year 2020-2021 Budget in the Amount of$532,697.00 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 for Commercial Property,Authorize Execution of an Agreement with Camp Bowie District, Inc.,in the Amount of$93,962.00 to Manage the PID;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 19-Historic Camp Bowie for the 2020 tax year; 2. Approve the attached Fiscal Year 2020-2021 Budget in the amount of$532,697.00 and Five-Year Service Plan for Fort Worth Public Improvement District 19-Historic Camp Bowie; 3. Approve the Tax Year 2020 Assessment Roll for Fort Worth Public Improvement District 19-Historic Camp Bowie,on file with the City Secretary; 4. Adopt the attached ordinance levying special assessments on the commercial property located in Fort Worth Public Improvement District 19 -Historic Camp Bowie 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 Camp Bowie District,Inc.,in the amount of$93,962.00 to provide management of the improvements and services for Fort Worth Public Improvement District 19-Historic Camp Bowie during Fiscal Year 2020-2021;and 6. Adopt the attached appropriation ordinance(1)increasing estimated receipts and appropriations in the FWPID#19-Hist Camp Bowie Fund in the amount of$469,811.00 from available funds;and(2)increasing appropriations in the FWPID#19-Hist Camp Bowie Fund in the amount of$62,886.00 and reducing fund balance by the same amount. DISCUSSION: On August 14,2018,the City Council adopted Resolution No.4966-08-2018,establishing the Fort Worth Public Improvement District 19-Historic Camp Bowie(Historic Camp Bowie 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 Historic Camp Bowie PID and the proposed assessments to be levied on each commercial property in the Historic Camp Bowie 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 Historic Camp Bowie PID during the Fiscal Year 2020-2021 and the costs thereof are as follows: FY2020-2021 Budget Total Budgeted Cost Management Fee $93,962 Beautification $10,905' Green Ribbon Funding $15,000 Beautification-Utilities $20,000 Beautification-Maintenance _ $88,086 Litter Abatement 11 $79,800 Security $24,960 Economic Development $122,100 Marketing&Promotion $28,828 Communication 1 $24,000 Insurance $7,035 Audit $6,000 City Annual Review $2,625 FY2020-2021 Budget Total Budgeted Cost City Administrative Fee $9,396� Total Expenses IF $532,697 The total budgeted costs of the improvements and services are in the amount of$532,697.00.Of this amount,$452,020.00,will be funded by assessments collected on privately owned parcels located in the Historic Camp Bowie PID by applying a rate of$0.10 per each$100.00 of property value.The remainder of the costs in the amount of$80,677.00 will be funded by other revenue sources including:(a)$17,791.00 in direct payments from the City for Payment In-Lieu of Services,and(b)$62,886.00 transferred from the unaudited,unassigned fund balance.The 2020 assessment rate is the same as the prior year. On August 18,2020,the City Council conducted a public hearing to receive comments on the proposed 2020-2021 Fiscal Year Budget, Five-Year Service Plan,and 2020 Assessments for the Historic Camp Bowie PID(M&C 13FMS PID19FY21 BENEFIT). 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 Historic Camp Bowie PID on August 7,2020,in accordance with state law. The Historic Camp Bowie PID is located in COUNCIL DISTRICTS 3&7. FISCAL INFORMATION 1 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#19-Hist Camp Bowie Fund. Prior to any expenditure being incurred,the Financial Management Services Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office by: Jay Chapa 5804 Originating Business Unit Head: Reginald Zeno 8517 Additional Information Contact: Crystal Hinojosa 7808