HomeMy WebLinkAbout(0083) M&C 19-0089City of Fort Worth, Texas
Mayor and Council Communication
DATE: 08/20/19 M&C FILE NUMBER: M&C 19-0089
LOG NAME: 13FMS PID14FY20 BENEFIT
SUBJECT
Conduct Public Benefit Hearing Regarding the Proposed Fiscal Year 2019-2020 Budget, Five -Year Service Plan, and 2019 Assessment for
Public Improvement District No. 14, Trinity Bluff (COUNCIL DISTRICT 9) (PUBLIC HEARING - a. Report of City Staff: Angela Estrada; b. Citizen
Presentations; c. Council Action: Close Public Hearing and Approve the M&C)
RECOMMENDATION:
It is recommended that the City Council:
1. Conduct a public benefit hearing to receive comments on the proposed budget, Five -Year Service Plan, and assessment for Fort Worth Public
Improvement District No. 14, Trinity Bluff, for Fiscal Year 2019-2020;
2. Approve the filing of the proposed 2019 Assessment Roll for the Trinity Bluff Public Improvement District with the City Secretary for public
inspection; and
3. Set a public benefit hearing for August 27, 2019 at 7:00 p.m., for final approval of the Trinity Bluff Public Improvement District's Fiscal Year 2019-
2020 Budget, Five -Year Service Plan, and 2019 Assessment.
DISCUSSION:
On June 16, 2009, the Mayor and City Council adopted Resolution No. 3748-06-2009 establishing the Trinity Bluff Public Improvement District
(PID).State law requires an annual report on the proposed budget and Five -Year Service Plan for the Trinity Bluff PID, which is attached. The
general nature of the proposed improvements and/or services to be provided in the PID include:
• A Maintenance Program consisting of sidewalk sweeping, sidewalk cleaning, and supplemental trash receptacle pickup;
• A Marketing, Communications, and Advertising Program consisting of banner installations in support of other Fort Worth organizations and
non -profits;
• A Downtown Ambassadors program; and
• A Management Program to provide for the administration, management, and operation of the PID.
On February 13, 2018, the City Council adopted a Revised Policy for Operating Public Improvement Districts (Resolution 4905-02-2018), which
sets forth the City's administrative fee structure for all PIDs. The City's administrative fee is set at the greater of: (1) two percent (2%) of the
projected externally generated revenue for that year, to include special assessments and any City contributions; or (2) $2,000.
The proposed 2019 Assessment Rate on property subject to assessment in the PID is $0.10 per each $100 of valuation. The proposed 2019
Assessment Roll for the PID will be filed with the City Secretary and available for public inspection during normal business hours at any time prior
to the August 27, 2019 Public Benefit Hearing.The Trinity Bluff PID is located in COUNCIL DISTRICT 9.
A Form 1295 is not required for this contract because: This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that this action will have no material effect on City funds. Subsequent actions will formally establish the
assessment rate and the corresponding budget for Fiscal Year 2020.
Submitted for City Manager's Office by. Kevin Gunn 2015
Originating Business Unit Head: Reginald Zeno 8500
Additional Information Contact: Angela Estrada 8511