HomeMy WebLinkAboutOrdinance 20359-09-2012Ordinance No. 20359-09-2012
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE PUBLIC IMPROVEMENT DISTRICT 6 FISCAL YEAR
2012-2013 PROJECT ACCOUNT OF THE SPECIAL ASSESSMENT DISTRICT FUND
IN THE AMOUNT OF $1,308,926.00, FROM AVAILABLE FUNDS, CONTINGENT
UPON THE ADOPTION OF THE ORDINANCE LEVYING SPECIAL ASSESSMENTS
FOR THE 2012 TAX YEAR, FOR THE PURPOSE OF PROVIDING MANAGEMENT
AND IMPROVEMENT SERVICES FOR THE PARK GLEN PUBLIC IMPROVEMENT
DISTRICT 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 FI'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 Public
Improvement District 6 Fiscal Year 2012-2013 Project Account of the Special Assessment District Fund in
the amount of $1,308,926.00, from available funds, contingent upon the adoption of the ordinance levying
special assessments for the 2012 Tax Year, for the purpose of providing management and improvement
services for the Park Glen Public Improvement District 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
government of the City of Fort Worth for the ensuing Fiscal Year beginrung 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hereby expressly repealed.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:
C
Assistant C* Attorney
ADOPTED AND EFFECTIVE: September 11, 2012
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
Communications/Newsletters
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 Distrct No. 6 - PARK GLEN
FY 12/13 FY 13/14 FY 14115 FY 15/16 FY 16117
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
118,627
241,886
244,305
246,748
249,215
251,708
17,489
17,495
17,845
18,202
18,202
625,117
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
Mayor and Council Communication
DATE: Tuesday September 11.2O12 REFERENCE NO.: GH-285
LOG NAME: 17P|D08BENHEAR2012
.
Conduct Public Benefit Hearing for Public Improvement District G. Pork Glen P|[). Concerning the
Proposed 2O12-2O13Budget and Five-Year Service Plan and Proposed Assessment Roll, Adopt
Ordinance Levying Special Assessments for the 2012 Tax Year, Authorize Transfer in the Amount of
$174.O43.00 from the General Fund tO the Special Assessment District Fund for the City's Payment inLieu
of Services, Adopt Appropriation Ordinances to Increase Estimated Receipts in the Special Assessment
District Fund and Special Trust Fund for Fiscal Year 2O12'2O13 and Authorize Execution ofonAgreement
with Premier Communities Management Company tw Manage the District (COUNCIL DISTRICT 4)
It is recommended that the City Council:
1. Hold a public benefit hearing concerning the proposed special assessments on property located in
Public Improvement District G' Park Glen P|O. for the 2U12 tax year;
2. Approve the attached Fiscal Year 2012-2013 budget and five-year service plan for the Park Glen
Public Improvement District;
3. Adopt the attached ordinance levying special assessments on property located in the Park Glen Public
Improvement District subject tO assessment for the 2012 tax year;
4. Authorize the transfer in the amount of$174.O43.00from the General Fund to the Special Assessment
District Fund, Public Improvement District S Fiscal Year 2012-JO13 Project AooVuntfortheCib/s payment
in-lieu of services;
.
5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Public Improvement District W Fiscal Year 2012-2013 Project Account of the Special Assessment District
Fund in the amount Vf$1.308.Q20.00 from available funds;
0. Authorize the transfer in the amount of $22,698.00 for administrative fees from the Special Assessment
District Fund. Public |nlp[OveUnant District 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 eadmebad receipts and appropriations in the
Special Trust Fund in the amount nf $22.0Q8.OU from available funds; and
8. Authorize the execution of an Agreement with Premier Communities Management Company to provide
management and improvement nen/ioeo for the Park Glen Public Improvement District during Fiscal Year
2O12-2O13 for the sum in the amount of$112'153.00.
On September 32. 1998. the City Council adopted Resolution No. 2453 establishing Public Improvement
District No. 6 (Park Glen PID).
The purpose mfthis benefit hearing is to receive comments from the public regarding the 2012-2013 Fiscal
Year budget and five-year service p|an for the P|D and the proposed assessments to be levied on each
property in the P|D for the 2012 ban year. Following the public heohng, it is recommended that the City
Council approve the attached budget and five-year service plan of the P|O, adopt the attached ordinance
levying the proposed assessments and adopt the attached appropriation ordinances allocating estimated
receipts to the Park Glen PID's fund.
On August 21.2012.(yN&C BH-278) the City Council conducted a public hearing to receive comments on
the proposed 3012'2013 Fiscal Year budget and five-year service plan and budget for the P|D. Notice of
this benefit hearing was published in the newspaper and mailed to all record owners of property in the
Park Glen P|Din accordance with Stobo |ovv.
The improvements mndserviceshobe provided in the PI[} during the 2O12-2013 Fiscal Year and the costs
thereof are as follows:
Improvements
Total Budgeted
Costs
�management Fee
$
112,153.00
!Utilities
$
17,489.00
'Landscape/Tree Maintenance/Trash
$
625,117.00
iRemoval
iFence Maintenance
116,685.00
'!Holiday Lighting
�Security Enhancement
133,781.00
'Public Events
25,000.00
'Capital Improvements
Insurance
�Annual Review (Audit)
2,081.00
�Budget Expenses
$1,358,926.00
*stimated Operating Reserve
$
400,000.00
Expenses
$1,75"'8',926.00
The total budgeted costs of the improvements and services are inthe amount of$1.758'926.00. Of this
amount, $1,134,883.00 will be funded by assessments collected on privately owned parcels located in the
Logname: Page 2of3
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 Fund/Account/Centers
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
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