HomeMy WebLinkAboutOrdinance 20358-09-2012Ordinance No. 20358-09-2012
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF
$22,698.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF
THE ORDINANCE LEVYING ASSESSMENTS, FOR THE PURPOSE OF
ADMINISTRATIVE FEES FOR THE PUBLIC IMPROVEMENT DISTRICT 6 DURING
FISCAL YEAR 2012-2013; 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 2012-2013 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Special Trust Fund in the amount of $22,698.00, from available funds, contingent upon the adoption of the
ordinance levying assessments, for the purpose of administrative fees for the Public Improvement District 6
during Fiscal Year 2012-2013,
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
goverm-nent of the City of Fort Worth for the ensuing Fiscal Year beginning October 1, 2012, and ending
September 30, 2013, 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hereby expressly repealed.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:
X-sss�tstant Cit Attorney
ADOPTED AND EFFECTIVE: September, 11 2_0 12
REVENUES
PID Assessments
City Payment In -Lieu of Services
Prior Year's Assessments
Total Revenues
EXPENSES
Management Fee
Water
Utilities
Landscape/Tree Maintenance
Fence Maintenance
Holiday Lighting
Security Enhancements
Communic ationsfNewsletters
Public Events
Capital Improvements
Insurance
Annual Review
City Administration Fee
Budget Expenses
Estimated Operating Reserve
Total Expenses
City of Fort Worth
Proposed Budget and Five Year Service Plan
Public Improvement Dlstrct No. 6 - PARK GLEN
FY 12/13 FY 13/14 FY 14/15 FY 15116 FY 16/17
1,134,883 1,134,883 1,134,883 1,134,883 1,134,883
174,043 174,043 174,043 174,043 174,043
450,000 400,000 400,000 400,000 400,000
$1,758,926 $1,708,926 $1,708,926 $1,708,926 $1,708,926
112,153
115,431
115,431
118,627
l 18,627
241,886
244,305
246,748
249,215
251,708
17,489
17,495
17,845
18,202
18,202
6125,117
625,000
625,000
625,000
625,000
116,685
90,000
90,000
90,000
85,000
15,532
15,532
15,532
15,532
15,532
133,781
131,222
132,534
133,859
137,875
9,700
9,700
9,700
9,700
9,700
25,000
14,528
10,193
2,615
403
21,054
0
0
0
0
15,750
20,892
21,101
21,312
21,951
2,081
2,123
2,144
2,166
2,231
22,698
22,698
22,698
22,698
22,698
$1,358,926
$1,308,926
$1,308,926
$1,308,926
$1,308,926
400,000
400,000
400,000
400,000
400,000
$1,758,926
$1,708,926
$1,708,926
$1,708,926
$1,708,926
City of Fort Worth, Texas
�� �� Council Communication
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DATE: Tuesday, September 11,2012 REFERENCE NO.: BH-85
LOG NAME: 17P|O00BENHEAR2012
SUBJECT:
Conduct a Public Benefit Hearing for Public Improvement District 6, Park Glen PID, Concerning the
Proposed 2012-2013 Budget and Five-Year Service Plan and Proposed Assessment Roll, Adopt
Ordinance Levying Special Assessments for the 2O12 Tax Year, Authorize Transfer in the Amount of
$174,043.00 from the General Fund to the Special Assessment District Fund for the City's Payment in Lieu
of Services, Adopt Appropriation Ordinances to Increase Estimated Receipts in the Special Assessment
District Fund and Special Trust Fund for Fiscal Year 2O12-2013 and Authorize Execution ofanAgreement
with Premier Communities Management Company tuManage the District (COUNCIL DISTRICT 4)
Itia recommended that the City Council:
1. Hold o public benefit hearing concerning the proposed special assessments on property located in
Public Improvement District 8. Park Glen P|C>. for the 2D12 tax year;
2. Approve the attached Fiscal Year 2012-2O13 budget and five-year service plan for the Park Glen
Public Improvement District;
3. Adopt the attached ordinance levying special ameOts on property located in the Park Gk;O Public
Improvement District subject ho assessment for the 2O12 tax year;
4. Authorize the transfer in the amount of $174,043.00 from the General Fund to the Special Assessment
District Fund. Public Improvement District Fiscal Year 2012-2013 Project Account for the City's paynnard
in-lieu of services;
.
5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Public Improvement District 8 Fiaum| Year 2012'2013 Project Account of the Special AsaHaonnen\ District
Fund in the amount of$1'3O8.926.00 from available funds;
0. Authorize the transfer in the amount of$22'088.0Ofor administrative fees from the Special Assessment
[hmthrt Fund. Public Improvement District O Fiscal Year 2012-2013 Project Account to the Special Trust
Fund contingent upon the adoption of the proposed ordinance levying assessments;
7. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund in the amount ofS22.0g8.00 from available funds; and
8. Authorize the execution of an Agreement with Premier Communities Management Company to provide
management and improvement services for the Park Glen Public Improvement District during Fiscal Year
2012-2013 for the sum in the amount of8112'153.00.
Logiiame: 17PI[%066}ENBEAB2012 Pagel m173
On September 22, 1998. the City Council adopted Resolution No. 2453 establishing Public Improvement
District No. 6 (Park Glen PID).
The purpose of this benefit hearing iatoreceive comments from the public regarding the ZO12-2O13Fiscal
Year budget and five-year service plan for the P|D and the proposed assessments to be levied on each
property in the P|O for the 2012 tax year. Following the public h8ahng, it is recommended that the City
Council approve the attached budget and five-year service plan of the P|D, adopt the attached ordinance
levying the proposed assessments and adopt the attached appropriation ordinances allocating estimated
receipts tothe Park Glen P|O'afund.
On August 21.2012'(M&C 13H-278) the City Council conducted apublic hearing to receive comments on
the proposed 2012-2013 Fhaoa| Year budget and zmnvim* plan and budget for the P|D. Notice of
this benefit hearing was published in the newspaper and mailed to all naoonj owners of property inthe
Park Glen P|Din accordance with state law.
The improvements ondservCes tnbm provided in the P|O during the 2O12-2O13 Fiscal Year and the costs
Security thereof are as follows.-
Improvements
1 Total Budgeted
Costs
Nanagement Fee
$
112,153.00
Water
�"Ca'phal -Improvements"
241,886.00
Landscape/Tree Maintenance/Trash
$
625,117.00
Removal
�City Administration Fee
�Fence Maintenance
lBudget Expenses
116,685.00
Holiclay Lighting
$
15,532.00
�Public Events
�"Ca'phal -Improvements"
Annual Review (Audit)
2 81.00
�City Administration Fee
22,698.00
lBudget Expenses
lEst'imated Operating Reserve
$
'4'0'0','000.00
The total budgeted costs of the improvements and services are in the amount of$1.758.A26.00. Of this
amount, $1,134,883.00 will be funded by assessments collected on privately owned parcels located in the
Lngname:l7PlD0hBBN}lEARZOl2 Page 2of]
district by applying a rate of $0.175 cents to each $100.00 of property value for residential property and
$0.035 cents to each $100.00 of property value for commercial property. The remainder of the costs in the
amount of $624,043.00 will be funded by other revenue sources: the amount of $174,043.00 from the City
for payment in lieu of services and the amount of $450,000.00 from prior year's assessments and
revenues.
The Park Glen PID is located in COUNCIL DISTRICT 4.
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations,
and upon the adoption of the Fiscal Year 2012-2013 budget by the City Council to include the above
recommended item(s), funds will be available in the Fiscal Year 2013 Operating Budgets, as appropriated,
of the Special Assessment District Fund, Special Trust Fund and General Fund.
FUND CENTERS:
TO F und/Accou nt/C enters
6)7) FE72 481306 017587001000
7) FE72 511010 017587001000
4)5) GS87 488010 002506002000
5) GS87 488342 002506002000
5) GS87 539120 002506002000
CERTIFICATIONS:
FROM Fund/Account/Centers
$22,698,00 6) GS87 539120 002506002000
$22,698.00 8) GS87 539120 002506002000
$174,043.00 4) GG01 539120 0808021
$1,134,883.00
$1,308 �926.00
Submitted for City Manager's Office by:
Originating Department Head:
Additional Information Contact:
Fernando Costa (6122)
Jay Chapa (5804)
Coy Gray (6203)
Sylvia Flores (8550)
$22,698.00
$112,153.00
$174,043.00
Logname: 17PID06BENHEAR2012 Page 3 of 3