HomeMy WebLinkAboutOrdinance 17760-09-2007Ordinance No. 17760-09-2007
AN ORDINANGE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF $73,734 .FROM
AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING IMPROVEMENTS. AND
SERVICES (N PUBLIC IMPROVEMENT DISTRICT NO. 7 (HERITAGE); MAKING. THIS
ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN :CONFLICT HEREWITH; AND
PROVIDING AN EFFEGTIVE 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 2007 2008 in the
Budget of the City Manager, there shall also. be increased estimated receipts and appropriations in fhe
Special Assessment. District Fund in, the amount of $73,734 from. available funds for the purpose: of funding
improvements and services in Public Improvement District No. 7 (Heritage).
SECTION 2.
That should any portion; section or pact 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 vvay
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 shag be incorporated into the ordinance effecting the' budget ofi the municipal
government of the City of Fort Worth for'the ensuing Fiscal Year beginning October ~, 2007, and: ending
September 30, 2008, and all other ordinances and appropriations amending the same except in those
nstahces 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hereby expressly repealed.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 effectupon adoption.
APP OVED AS TO FORM AND LEGALITY:.
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Assistant City Attorne
ADOPTED AND EFFECTIVE: September 11, 2007
0~)-~I 3-C1~ P~14 ~ 0~ I N
City of FarE Worth
FIVE YEAR SERVICE PLAN
Public Improvement District#7 -Heritage
FY07/08 FY08/09 FY09/'10
REVENUE
Assessment Revenues 990,341 1,114,841 1.,165,056.
City Payment in- ieu ofi Services 73,734 77,421 81,292
Builder Assessmenf $200 per lot 30;000 20,000 18,000
Total Revenues 1,094,075 1,212,262 1,262,348
EXPENSES
Operations
Utilities
Landscape Maintenance Program
Security'Patrols
Public Events71-1oliday Lighting
Insurance
Contingency
Annual Review
City Administration
Reserve Fund
Subsidy Repayment
86,163 93,891 94,609
242,569 271,822 279,977
487,700 553,113 630,280.
27,000 27,000 33;000
20,382 20,993 29,623
6,500 6,695 6,896
8,500 8,755 9,01.8
1.,700 1,750 1,803
19;807 22,297 23,301
45,016 50,316 55,025
..148,738. 155,630 106,816
FY10/11 FY1'I/12
1,188,357 1,212,124
85,356 89,624
12,000
1.,285,713 1,301,748
97,618 99,868
288,376 297,027
659,882 680,093
33,000 33,OOQ
22,272 22,940
7,103 7,316
9,288 9,567
1,857 1;913
23,767 24,242
57,158 58,799
85,392 66,983_
Total Expenses. 1,094,075 1,21.2,262 1,262,348 1,285,713 1,301,748
C®t,~r ®f F®rt ~6/orth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 9/11/2007 -Ord. No. 17760-09-2007
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CONTINUED FROM A PREVIOUS WEEK
DATE: Tuesday, August 21, 2007
LOG NAME: 13PID07PUBHEAR REFERENCE NO.: G-15839
SUBJECT:
Approve Fiscal Year 2007-08 Budget and Five-Year Service Plan for Fort Worth Public
Improvement District No. 7 (HERITAGE); Authorize Transfer of City's Payment In-Lieu of Services;
Adopt Proposed 2007 Assessment Roll; Set Benefit Hearing; Authorize Transfer for Administrative
Fees; Adopt Related Appropriation Ordinance and Authorize Execution of a Contract with Premier
Communities Management Company to Provide Management Services for the District; and Adopt
Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Hold a public hearing concerning the budget and five-year service plan for Fort Worth Public
Improvement District No. 7 (Heritage) (PID 7) for fiscal year 2007-08;
2. Approve the attached budget and five-year service plan for FY2007-08 as recommended by the Advisory
Board of PID 7 and approve adding to the FY2007-08 budget, as contingency, any unencumbered
revenues from the PID 7 assessments from prior years;
3. Authorize the transfer of $73,734 for the City's payment in-lieu of services from the General Fund to the
Special Assessment District Fund (PID 7, FY2007-08 Project account);
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $73,734
in the Special Assessment District Fund (PID 7, FY2007-08 Project account) from available funds;
5. Adopt the proposed 2007 assessment roll for PID 7;
6. Set a public Benefit Hearing for Tuesday, September 11, 2007, at 7:00 p.m. in the City Council Chamber;
7. Authorize the transfer of $19,807 for administrative fees from the Special Assessment District Fund (PID
7, FY2007-08 Project account) to the General Fund; and
8. Authorize the City Manager to execute a contract with Premier Communities to provide management and
improvement services for PID 7 during FY2007-08 for the sum of $1,094,075.
DISCUSSION:
On September 26, 2000, (M&C G-13021) the City Council established Fort Worth Public Improvement
District No. 7 (PID 7).
State law requires an annual report on the proposed budget and five-year service plan for a PID, which is
Logname: 13PID07PUBHEAR Page 1 of 2
attached to this Mayor and Council Communication.
The general nature of the proposed improvements and/or services to be provided by the PID shall include:
• An improvement district landscaping, construction and maintenance program consisting of the planting
and maintenance of special supplemental landscaping, the maintenance of supplemental irrigation systems
and parks and open space maintenance;
• Special fencing in and along boulevards, parks and open spaces;
Supplementary security service provided by off-duty law enforcement personnel;
• Public Events program consisting of recreational activities, special events and holiday lighting; and
• An improvement district management program to provide for the administration, management and
operation of the district.
Two line items listed on the five-year service plan, which requires transfer of City funds are City Payment In-
lieu of Services and City Administration Fee.
1. City Payment In-lieu of Services is a supplement to the PID budget, funding the level of improvements or
services that would be provided by the City of Fort Worth to the taxpayers in the PID; and
2. On July 27, 2004, (M&C G-14443) the City Council adopted guidelines for setting an Administration Fee
structure. The City shall assess an annual administration fee for all districts equal to two percent of the
district's annual assessments, or $2,000, whichever is greater.
PID 7 is located in COUNCIL DISTRICT 2.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that upon approval and completion of the above recommendations, funds will
be available in the FY2007-08 operating budget, as appropriated, of the Special Assessment District Fund.
TO Fund/Account/Centers FROM Fund/AccountlCenters
GS87 472001 002507002000 $73.734.00 GG01 538070 0905800 $73.734.00
0001 481306 0134010 $19.807.00 GS87 539120 002507002000 $19.807.00
GS87 539120 002507002000 $73.734.00 GS87 539120 002507002000 $1.094.075.00
Submitted for City Manager's Office b~ Karen Montgomery (6222)
Originating Department Head: Lena H. Ellis (8517)
Additional Information Contact: Becky Wood (8550)
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