HomeMy WebLinkAbout(0094) M&C 19-0093City of Fort Worth, Texas
Mayor and Council Communication
DATE: 08/20/19 M&C FILE NUMBER: M&C 19-0093
LOG NAME: 13FMS PID20FY20 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.20, East Lancaster Avenue (COUNCIL DISTRICTS 5 and 8) (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. 20, East Lancaster Avenue, for Fiscal Year 2020;
2. Approve the filing of the proposed 2019 Assessment Roll for the East Lancaster Avenue 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 East Lancaster Avenue Public Improvement District's
Fiscal Year 2020 Budget, Five -Year Service Plan, and 2019 Assessment.
DISCUSSION:
On February 12, 2019, the Mayor and City Council adopted Resolution No. 5052-02-2019 establishing the East Lancaster Avenue Public
Improvement District (PID). State law requires an annual report on the proposed budget and Five -Year Service Plan for the PID, which is
attached. The general nature of the improvements and/or services to be provided in the East Lancaster Avenue PID include:
• A PID management program to provide for the establishment, administration, and operation of the PID.
• A program to enhance and promote public safety within the PID by providing private security services, installing security cameras,
coordinating awareness campaigns, and initiating efforts to address public safety and enhance economic vitality.
• A coordinated communication program to assure that businesses located within the PID benefit from shared information about security,
infrastructure improvements, transportation improvements, capital improvement programs, opportunities to coordinate marketing and
promotions, and other opportunities where business awareness and information can help business.
• A cooperative program with local governments, neighborhood groups, foundations, universities, and others to assist with obtaining grants or
other special funding to undertake studies, historic preservation/restoration, landscape improvements, street improvements, and other
streetscape amenities in 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 $0.27 per each $100.00 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 East Lancaster Avenue PID is located in COUNCIL DISTRICTS 5 & 8
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 W. Kevin Gunn 2015
Originating Business Unit Head: Reginald Zeno 8500
Additional Information Contact: Angela Estrada 8511