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Home My WebLink AboutOrdinance 24373-08-2020 Ordinance No. 24373-08-2020 AN ORDINANCE(1)INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FISCAL YEAR 2020-2021 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 19 —HISTORIC CAMP BOWIE FUND IN THE AMOUNT OF$469,811.00, FROM AVAILABLE FUNDS, AND (2) INCREASING APPROPRIATIONS IN THAT SAME FUND IN THE AMOUNT OF $62,886.00 AND REDUCING FUND BALANCE BY THE SAME AMOUNT, ALL CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING SPECIAL ASSESSMENTS FOR THE 2020 TAX YEAR, FOR THE PURPOSE OF PROVIDING IMPROVEMENTS AND SERVICES FOR THE PUBLIC IMPROVEMENT DISTRICT 19 — HISTORIC CAMP BOWIE DURING FISCAL YEAR 2020-2021; 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 2020-2021 in the Budget of the City Manager, there shall also be (1) increased estimated receipts and appropriations in the Fiscal Year 2020-2021 Fort Worth Public Improvement District 19— Historic Camp Bowie Fund ("Fund") in the amount of$469,811.00, from available funds, and (2)increased appropriations in the Fund in the amount of $62,886.00 and reducing fund balance by the same amount, all contingent upon the adoption of the ordinance levying special assessments for the 2020 Tax Year,for the purpose of providing improvements and services for Public Improvement District 19—Historic Camp Bowie during Fiscal Year 2020-2021. 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, 2020, and ending September 30, 2021, 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: CITY SECRETARY 4v1ar wal ach (YktV. Tyler Wallach(Aug 27,202017:17 CD?, Tyler F.Wallach,Assistant City Attorney Mary J. Kayser �F OR), ADOPTED AND EFFECTIVE:August 25.2020 U '� 'CXAS 1108 HDOP- Ln 2 Olk uj ui LU (A Ln uj m 40 > ry Lu 0. I 7 i� 1 Qp AV 0 or.3WODINOW -j C3 cl 0 4VIAOT) LW GNVIHSb U-� 6w i2c N31nH 0 CL u LA vy = rg law L6 CO 3NUOH cl j3 14 $.71 MW Fq j3- 0 fo Otl 2 oD 0 > > Cl) RIDGI'AAR fu CL 30 0 C2, C, OD c SNVO N33Y0 L Z A"Lf4 0 m 0 N Z. UO 0 0 cy) C=; 22 a.a00 w ALTA MERE 50 uj�o sl�l "u) N Cl, o.0 Vl 8 �i x C, w C, ELOL> 0 0 f U 0 c c 0 City of Fort worth Five Year Service Plan-FY 2020/2021 FINAL Public Improvement District No.19-Historic Camp Bowie FYE 20/21 FYE 21/22 FYE 22/23 FYE 23/24 FYE 24125 REVENUES PID Assessments $ 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 8 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 $79,800 Security $24,960 Economic Development $122,100 Marketing&Promotion $28,828 Communication $24,000 Insurance $7,035 Audit $6,000 City Annual Review $2,625 FY2020-2021 Budget Total Budgeted Cost (City Administrative Fee 1 $9,396 Total Expenses $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 I 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