HomeMy WebLinkAboutOrdinance 20373-09-2012Ordinance No. 20373 -09 -2012
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF
$2,000.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF
THE ORDINANCE LEVYING ASSESSMENTS, FOR THE PURPOSE OF
ADMINISTRATIVE FEES FOR THE PUBLIC IMPROVEMENT DISTRICT 14
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 $2,000.00, from available funds, contingent upon the adoption of the
ordinance levying assessments, for the purpose of administrative fees for the Public Improvement District
14 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 judgnnent 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hereby expressly repealed.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 City ttorney
ADOPTED AND EFFECTIVE: September 12.2012
City ofFort Worth
Budget and Five Year Service Plan
Public Improvement District No. 14'TRINITY BLUFF
FYI 2113 FYI 3/14 FY 14/15 FY15/16 FY 16/17
REVENUES
P|DAsaensments 27,080 46'225 100.000 150.000 150.000
Prior Year's Assessment 18,945 12,127 15,372 16,572 31,772
EXPENSES
Management Fee (AUminj
Water
Utilities
LunUunupe/TmoK4ainbmnunoo
Trash Removal
Security Enhancement Program
Marketing (Banners & main.)
Capital Improvements
Replacements
Insurance
Annual review (Audit)
City Administrative Foe
Budget Expenses:
Estimated Operating Reserve
Total Expenses:
1.575
2,680
5i000
18.000
20'500
1,000
1,000
2.000
2,000
2.000
3'000
3.000
3.000
12.000
15.000
15.000
17.000
22.000
8.443
10`000
20.000
25.000
27.500
-
'
40.000
50.000
50.000
8.800
8'800
9.800
10.800
10.800
3.000
3.000
500
500
1.000
1.000
1.000
500
500
1'000
1.000
1.000
500
1'000
1.000
1.000
2.000
2.000
2.000
3.000
3.000
$ 33,818 $42,980 $ 98,800 $ 134,800 $
12.127 15.372 16.572 31,772 30,972
City of Fort Worth, Texas
N�� �� Council Communication
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DATE: Tuesday, September 11'2O12 REFERENCE NO.: BH-390
LOG NAME: 17P|O14BENHEAR2012
SUBJECT:
Conduct a Public Benefit Hearing for Public Improvement District 14, Trinity Bluff P|[}. Concerning the
Proposed 2012-2013 Budget and Five Year Service Plan and Proposed Assessment Roll, Adopt
Ordinance Levying Special Assessments for the 2O12Tax 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 Downtown Fort Worth, Inc., to Manage the
District (COUNCIL DISTRICT 9)
hka recommended that the City Council:
1. Conduct a public benefit hearing concerning the proposed special assessments on property located in
Public Improvement District 14. Trinity Bluff P|O. for the 2012 tax year;
2. Approve the attached Fiscal Year 2012-2013 budget and five-year service plan for the Trinity Bluff PID;
3. Adopt the attached ordinance levying special assessments on property in the Trinity Bluff PID subject
tn assessment for the 2012 tax year;
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Public Improvement District 14 Fiscal Year 2012-2O13 Project AounVntoftheSpecia|Aaeemament[Jistri(t
Fund in the amount of $27,000.00 from available funds;
5. Authorize the transfer in the amount of $2,000.00 for administrative fees from the Special AmseSmmont
District Fund, Public Improvement District 14 Fiscal Year 2012-2013 Project Account to the Special Trust
Fund contingent upon the adoption of the proposed ordinance levying assessments;
S. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund in the amount of$2.OU0.O0 from available funds; and
7. Authorize the execution of an Agreement with Downtown Fort Worth, Inc., to provide management and
improvement services for the Trinity Bluff PID during Fiscal Year 2012-2013 for the sum in the amount of
$1,575.00.
[hn June 18.2DO9. the City Council adopted Resolution No. 3748-O6-2ODR establishing Fort Worth Public
Improvement District 14 (Trinity Bluff PID).
Logname: 17PD]14BENHE4Jl2012 Pagelof3
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 PID, adopt the attached ordinance levying the proposed
assessments and tO adopt the attached appropriation ordinances allocating estimated receipts bothe
Trinity Bluff P|D'sfund.
{}n August 21.2013.(M&C BH-283) the City Council conducted a public hearing to receive comments on
the proposed Fiscal Year 2012-2013 budget and five-year service plan for the PID. Notice of this benefit
hearing was published in the newspaper and mailed to all record owners of property in the Trinity Bluff PID
in accordance with obshn law.
The improvements and services to be provided in the PID during the Fiscal Year 2012-2013 and the costs
thereof are as follows:
Improvements
Total Budgeted
Costs
Landscape/Tree Maintenai
$12,000.00
Imai,ntenance)
IBudget Expenses
Estimated Operating
Reserve
$12,127.00
The total budgeted costs of the improvements are in the amount cf $45945OO.Cf this amount,
$27.00O.O0 will ba funded by assessments collected on privately owned parcels located in the district bv
levying special assessments at a rate of $0.10 cents per each $100.00 of value. The remainder of the
costs, in the amount of $18,945.00, will be funded from the prior year's assessments.
The Trinity Bluff PID is located in COUNCIL DISTRICT 9.
FISCAL INFORMA,rION / CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recVnlmendaUona,
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 and the Special Trust Fund.
FUND CENTERS:
TO Fund/Account/Centers
5)6) FE72 481306 017587001000
6) FE72 511010 017587001000
4) GS87 488342 002514009000
4) GS87 539120 002514009000
CERTIFICATIONS:
Submitted for City Manager's Office by:
Originating Department Head:
Additional Information Contact:
FROM Fund/Account/Centers
$2,000.00 5) GS87 539120 002514009000
$2,000.00 7) GS87 539120 002514009000
$27,000.00
$27,000.00
Fernando Costa (6122)
Jay Chapa (5804)
Sylvia Flores (8550)
Coy Gray (6203)
$2,000.00
$1,575.00
Logname: 17PID14BENHEAR2012 Page 3 of 3