HomeMy WebLinkAboutOrdinance 20365-09-2012Ordinance No. 20365 -09 -2012
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE PUBLIC IMPROVEMENT DISTRICT 8 FISCAL YEAR
2012 -2013 PROJECT ACCOUNT OF THE SPECIAL ASSESSMENT DISTRICT FUND
IN THE AMOUNT OF $395,246.00, 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 CAMP BOWIE CORRIDOR PUBLIC
IMPROVEMENT DISTRICT DURING FISCAL YEAR 2012 -2013; PROVIDING FOR
A SEVERABII,ITY 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 Public
Improvement District 8 Fiscal Year 2012 -2013 Project Account of the Special Assessment District Fund in
the amount of $395,246.00, 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 Camp Bowie Corridor 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 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hereby expressly repealed.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:
Assistant C; vy Attorney
ADOPTED AND EFFECTIVE: September 11, 2012
City ofFort Worth
BUDGET AND FIVE YEAR SERVICE PLAN
Public Improvement District No. 8 - CAMP BOWIE
REVENUES
P|OAnsonnmenb
Prior Year's Assessment
Total Revenues
EXPENSES
Management Fee
Water
Utilities
Landscape Management
Beautification
Capital Improvements
Economic Development
Security
Communications/Newsletters
Marketing
Public Events
Insurance
Annual Review (Audit)
City Administrative Fee
Budget Expenses
Estimated Operating Reserve
Total Expenses
FY12M3
FY13114
FY14M5
FY1510
FY1017
395.246
405.000
420.000
435.000
450.000
215000
22,292
17,892
26,692
38,892
38,000
38.000
38.000
38.000
38.000
$ 610,246
$427,292
$437,892
$461,692
$488,892
70,040
80'000
82,000
87,000
00.000
9,000
9.500
10.000
11.000
12.000
800
QOO
1,000
1.100
1,200
38,000
38.000
38.000
38.000
38.000
80'200
43.000
50'000
55.000
68.000
120,000
22.000
20.000
20.000
20.000
20.000
20.000
20`000
20.000
20.000
20.000
10.000
8.000
8.000
8.000
8.000
82.000
75.000
75.000
75.000
75.000
100.000
88.000
80.000
00.000
80.000
4.000
4.000
4.000
4.000
4.000
15,000
15.000
15.000
15.000
15.000
7,905
8,000
8,200
8,700
9,000
$ 587,954
$409,400
$411,200
$422,800
$432,200
22.282
17.892
26'692
38.882
56.632
$ 610,246
$427,292
$437,892
$461,692
$488,892
MF
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Official site of "w City of Fo�l word'�' rexwi
COUNCIL ACTION: Approved on 9/11/2012 - Ordinance Nos. 20364-09-2012, 20365-09-2012 &
20366-09-2012
DATE: 8/1112012 REFERENCE BH-287 LOG NA88E' 17P}[)O8BENHEAR2O12
N��': '
CODE: E� BH ��PE� NON - �UB�|� YES
CONSENT HEARING:
SUBJECT: Conduct 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 to Increase Estimated Receipts in the Special
Assessment District Fund and Special Trust Fund for Fiscal Year 2012-2013 and
Authorize Execution of an 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 Gpublic benefit hearing concerning the proposed special assessments on property
located in Public Improvement District 8, Camp Bowie Corridor Public Improvement [}iothCt, for the
2O12 tax year;
2. Approve the attached Fiaom| 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 to assessment for the 2012 tax year;
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in
the Public Improvement District 8 Fiscal Year 2O12-2O13 Project ACcountnftheGpeo|a|Asgeoornent
District Fund in the amount of$3S5.24O.00 from available funds;
5. Authorize the transfer in the amount of $7,905.00 for administrative fees from the Special
Assessment District Fund, Public Improvement District 8 Fiscal Year 2012-2013 Project A000unttO
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 $7,905.00 from available funds; and
7 Authorize the execution ofan Agreement with Camp Bowie District, Inc., to provide management
and improvement services for the Camp Bowie Corridor Public Improvement District during Fiscal
Year 2012-2O13 for the sum in the amount of$78.U40.00.
On December 18. 2008' (M&C G-16380) the City Council adopted Resolution No. 3697-12-2008
reestablishing Public Improvement District 8 (Camp Bowie Corridor PID).
The purpose of this benefit hearing is to receive comments from the public regarding the 2012-2013
Fiscal Year budget and five-year service plan for the P|O and the proposed assessments tobelevied
On each property in the P|D for the 2012 tax year. Following the public hearing, it in recommended
http://apps.cfwnet.org/counciI_packet/mc—review.asp?ID=17278&councildate=9/11/2012 9/12/2012
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that the City Council approve the attached budget and r service o|gn of the P\D, adopt the
attached ordinance levying the proposed menesnrnentS and adopt the attached appropriation
ordinances allocating estimated receipts tothe Camp Bowie Corridor P|[)'sfund.
CM August 21, 2012, ([W&C BH the City Council conducted a public hearing to receive
comments on the proposed 2012-2013 Fimom| Year budget and five-year service plan for the P|D.
Notice of this benefit hearing was published in the newspaper and mailed to all record owners of
property /nthe Camp Bowie CorridorP|D in accordance with State law.
The improvements and services b3be provided in the P|D and the costs thereof are as follows:
Improvements
Total Budgeted
11 Costs
Imanagement Fee
IF--$ 7�=04900
11-andscape Management—,
8,000,001
�marketing
$ 82,000. 00
IPublic Events_
$1 00,000.00
ICity Administrative Fee
$ 7,905.001
jBudget Expenses
$587,95
Estimated Operating
Reserve
$ 22,292.00
ITotal Expenses
$610,246.001
The total budgeted ountsofthaimprVvernentsandaerviceaany|nUlemmountVf$610,248.00. Of this
amount, $395,246.00 will be funded by assessments collected on privately owned parcels located in
the district by applying a rate of$O.1O cents tVeach $1OO.00O{ property value for commercial property.
The remainder of the costs, in the amount of $215,000.00, will be funded by prior year's assessments
and revenues.
The Camp Bowie Corridor P|Dis located in COUNCIL DISTRICTS 3 and 7.
FISCAL INFORMATION/CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above
recommendations, and upon the adoption Vf the Fiscal Year 2O12-2013 budget by the City Council to
include the above recommended item(a). funds will be available in the Fiscal Year 2013 operating
budget, as appropriated, of the Special Assessment 0stho1 Fund and the Special Trust Fund
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�ttp:llapps.cfwnet.orglcouncil_packetlmc—review.asp?ID=17278&councildate=911112012 9/12/2012
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TO Fund/Account/Centers
5)6)
FE72 481306 017587001000
6)FE72 511010 017587001000
4)
GS87 488342 002508002000
4)
GS87 539120 002508002000
$7,905.00
$7,905.00
$395,246.00
$395,246.00
FROM Fund /Account/Centers
5) GS87 539120 002508002000 $7,905.00
7) GS87 539120 002508002000 $79,049.0
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head:
Additional Information Contact.,
Jay Chapa (5804)
Coy Gray (6203)
Sylvia Flores (8550)
ittp://apps.cfwnet.org/councll_packet/mc_review.asp?ID=1.7278&councildate=9/ll/2012
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