HomeMy WebLinkAboutOrdinance 20364-09-2012Ordinance No. 20364-09-2012
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF
$7,905.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF
THE ORDINANCE LEVYING ASSESSMENTS, FOR THE PURPOSE OF
ADMINISTRATIVE FEES FOR THE PUBLIC IMPROVEMENT DISTRICT 9 DURING
FISCAL YEAR 2012-2013; PROVIDING FOR A SEVERABTLITY CLAUSE; MAKING
THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL
ORDINANCES IN CONFLICT HERE-WITH; 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 201.2 -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 $7,905.00, from available tunds, contingent upon the adoption of the
ordinance levying assessments, for the purpose of administrative fees for the Public Improvement District 8
during Fiscal Year 2012-2013.
SECTION 2.
That should any portion, section or part of a section of this ordinance be declared invalid, inoperative of
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 fit)] 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, 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hereby expressly repealed.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:
_6 _tiomey
Assistant Ci
ADOPTED AND EFFECTIVE: September 11, 2012
City mf Fort Worth
BUDGET AND FIVE YEAR SERVICE PLAN
Public Improvement District No. 8 - CAMP BOWIE
EXPENSES
Management Fee
Water
Utilities
Landscape Management
Beautification
Capital Improvements
Economic Development
Security
Communivationm/Newo|e#em
Marketing
Public Events
Insurance
Annual Review (Audit)
City Administrative Fee
BudQetExpenses
Estimated Operating Reserve
79,049
FY13113
FY13M4
FY1�15
FYI 5116
FY1OM7
REVENUES
-------
--------
-------'
-------
--------
P0Amsmommento
395.246
405.000
420.000
435'000
450.000
Prior Year's Assessment
215000
22,292
17,892
26,692
4.000
Total Revenues
$ 610,246
$427,292
$437,892
$461,692
$488,892
EXPENSES
Management Fee
Water
Utilities
Landscape Management
Beautification
Capital Improvements
Economic Development
Security
Communivationm/Newo|e#em
Marketing
Public Events
Insurance
Annual Review (Audit)
City Administrative Fee
BudQetExpenses
Estimated Operating Reserve
79,049
80.000
9.000
8.500
800
900
38.000
38.000
80.200
43.000
120'0OO
22.000
20.000
20.000
20.000
10.000
8.000
82.000
75.000
100.000
88.000
4.000
4.000
15.000
15.000
7.005
8.000
$ 587,954 $409,400
22,292 17,892
82,000
10,000
1,000
38.000
20,000
20,000
8,000
75,000
80,000
4,000
15,000
^^^^"°°
87,000
11,000
1'10O
38,000
90,000
12,000
1,200
30.000
60,000
20,000
20,000
8'000
75,000
80,000
4'O0O
15,000
0.000
Total Expenses $ 610,246 $427,292 $437,892 $461,692 $488,892
M&C Review
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COUNCIL ACTION: Approved mn9K11/2O12~Ordinance Nos. 2D364-O9-2812.2O3@5-09-2012 &
20366-09-2012
DATE: 0/11/2012 REFERENCE BH-287 LOG NAME: 17P|D08BENHEAR2012
NO.:
CODE: BH TYPE: NON- PUBLIC YES CONSENT HEARING:
SUBJECT: Conduct a Public Benefit Hearing for Public Improvement District 8, Camp Bowie Corridor
PID, Concerning the Proposed 2012-2013 Budget and Five-Year Service Plan and
Proposed Assessment Roll, Adopt Ordinance Levying Special Assessments for the 2012
Tax Year, Adopt Appropriation Ordinances tV Increase Estimated Receipts in the Special
Assessment District Fund and Special Trust Fund for Fiscal Year 2012-2013 and
Authorize Execution Vfgn Agreement with Camp Bowie District, Inc., to Manage the
District (COUNCIL DISTRICTS 3 and 7)
RECOMMENDATION: It is recommended that the City Council:
1. Conduct m public benefit hearing concerning the proposed special assessments on property
located in Public Improvement District 8, Camp Bowie Corridor Public Improvement Disdhct, for the
2O12 tax year;
2. Approve the attached F|SCa| Year 2012-2013 budget and five-year service plan for the Camp
Bowie Corridor Public Improvement District;
3 Adopt the attached ordinance levying special assessments on property in the Camp Bowie
Corridor Public Improvement District subject tn assessment for the %012 tax year;
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in
the Public Improvement District O Fiscal Year 2O12-2O13 Project AouountoftheSpecia|Aooeaomont
District Fund in the amount of$3S5.246.00 from available funds;
5. Authorize the transfer in the amount of$7.9O5 OOforadminietrmtive N:ms from the Special
Assessment District Fund, Public Improvement District 8 Fiscal Year 2012-2013 Project Account to
the Special Trust Fund contingent upon the adoption of the attached ordinance levying assessments-,
O. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in
the Special Trust Fund in the amount Of$7.9O5.00 from available funds; and
7. Authorize the execution of an Agreement vxith Camp Bowie District, Inc,, to provide management
and improvement services for the Camp Bowie Corridor Public Improvement District during Fiscal
Year 2012-2013 for the sum in the amount of $79,049.00,
On December 16' 2008 0M&C G-16380) City Council adopted Resolution No. 3087-12-2008
reestablishing Public Improvement District 8 (Camp Bowie Corridor PID).
The purpose of this benefit hearing is to receive comments from the public regarding the 2012-2013
Fiscal Year budget and five-year service plan for the P|O and the proposed assessments to be levied
on each property in the P|O for the 2012 tax yemr. Following the public heering, it is recommended
http://apps.cfwnet.orglcouncil_packetli-nc—review.asp?ID=17278&councildate=911l12012 9/12/2012
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that the City Council approve the attached budget and r service plan of the Fq[), adopt the
attached ordinance levying the proposed assessments and adopt the attached appropriation
ordinances allocating estimated receipts to the Camp Bowie Corridor PID's fund.
On August 21, 2012. (N&C 8H-280) the City Council conducted m public hearing to receive
comments on the proposed 2012'2013 Fiscal Year budget and five-year service plan for the P|D.
Notice nfthis benefit hearing was published in the newspaper and mailed 10 all record owners of
property in the Camp Bowie Corridor PID in accordance with state law.
The improvements and services to be provided in the PID and the costs thereof are as follows:
Improvements
Total Budgeted
Costs
Management Fee
$
ICapital improvements
$120,00
jEconomic Development
$ 22,000.00
jPublic Events
$100,000::0:]0
Insurance
$ 4,000
Annual Review (Audit)
$ 15,0007001
�City Administrative Fee
�Budget Expenses
$ 71905.00
$587,954.00
Estimated Operating
Reserve
$ 22,292.00
�Total Expenses
$610,246.00
The total budgeted costs of the improvements and services are in the amount of $610.246.00. Of this
amount, $395,246.00 will be funded by assessments collected on privately owned parcels located in
the district by applying a [ate of$0.1O cents tVeach $1OO.00of property value for commercial property.
The remainder ofthe costs, in the amount of $215,000.00, will be funded by prior year's assessments
and revenues.
The Camp Bowie Corridor P|Oim located in COUNCIL DISTRICTS 3 and 7.
FISCAL .
.
The Financial Management Services Director certifies that upon approval of the above
recommendations, and upon the adoption mf the Fiscal Year 2012'2O13 budget bv the City Council to
include the above recommended itann(s), funds will be available in the Fiscal Year 2013 operating
budget, an appropriated, ofthe Special Assessment District Fund and the Special Trust Fund.
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M&C Review
TO Fund/Account/Centers FROM Fund/Account/Centers
5)6) $7,905.00 5) GS87 539120 002508002000 $7,905.00
FE72 481306 017587001000
7) GS87 539120 002508002000 $79,049.00
6) FE72 511010 017587001000 $7,905.00
4) $395,246.00
GS87 488342 002508002000
4) $395,246.00
GS87 539120 002508002000
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Jay Chapa (5804)
Additional Information Contact: Coy Gray (6203)
Sylvia Flores (8550)
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http://apps.cfwnet.orgleouncil_packetlmc—review.asp?ID=17278&councildate�--911l12012 9/12/2012