HomeMy WebLinkAbout(0037) M&C 20-0553City of Fort Worth, Texas
Mayor and Council Communication
DATE: 08/18/20 M&C FILE NUMBER: M&C 20-0553
LOG NAME: 13FMS PID06FY21 BENEFIT
SUBJECT
(CD 4) Conduct Public Benefit Hearing Regarding the Proposed Fiscal Year 2020-2021 Budget, Five -Year Service Plan and Proposed 2020
Assessment for Fort Worth Public Improvement District No. 6, Park Glen
(PUBLIC HEARING - a. Report of City Staff: Anthony Rousseau; b. Public Comment; c. Council Action: Close Public Hearing and Act on 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 2020 Assessment for Fort Worth
Public Improvement District No. 6, Park Glen for Fiscal Year 2020-2021;
2. Approve the filing of the proposed 2020 Assessment Roll for Fort Worth Public Improvement District No. 6, Park Glen with the City Secretary
for public inspection; and
3. Set a public benefit hearing for August 25, 2020, at 7:00 p.m., for final approval of the Fort Worth Public Improvement District No. 6, Park
Glen Fiscal Year 2020-2021 Budget, Five -Year Service Plan, and 2020 Assessment.
DISCUSSION:
On September 22, 1998, the Mayor and City Council adopted Resolution No. 2453 establishing Fort Worth Public Improvement District No. 6,
Park Glen (Park Glen PID).
State law requires an annual report on the proposed budget and Five -Year Service Plan for the Park Glen PID, which is attached. The general
nature of the proposed improvements and/or services to be provided in the Park Glen PID include:
• A Landscaping, Construction, and Maintenance Program consisting of the planting and maintenance of special supplemental landscaping
and maintenance of supplemental irrigation systems, fountains, ponds, and parks;
• Special lighting and fence maintenance in and along boulevards, parks, and open spaces;
• Supplemental public safety and security services;
• A Public Events Program consisting of recreational activities, special events, and holiday lighting;
• Capital improvements benefitting the Park Glen PID; and
• A Management Program to provide for the administration, management, and operation of the Park Glen PID, which will include a key person
to respond to neighborhood issues and the unique daily needs of the property owners within the Park Glen PID.
The City's Payment In -Lieu of Services, which is a line item listed on the Five -Year Service Plan, will require a transfer of City funds. The City's
Payment In -Lieu of Services is a supplement to the Park Glen PID budget and intended to provide for the standard level of improvements and
services as comparable to what would be provided by the City for the taxpayers generally.
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) $2,000.00.
The proposed 2020 Assessment Rate on property subject to assessment in the PID is $0.155 per each $100.00 of valuation for residential
properties and $0.035 per each $100.00 of valuation for commercial properties. Subsequent actions will formally establish the assessment rate
and the corresponding budget for Fiscal Year 2021. The proposed 2020 Assessment Roll for the Park Glen PID will be filed with the City
Secretary and available for public inspection during normal business hours at any time prior to the August 25, 2020 Public Benefit Hearing.
The Park Glen PID is located in COUNCIL DISTRICT 4.
A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that approval of these recommendations will have no material effect on City funds.
Submitted for City Manager's Office by. Jay Chapa 5804
Originating Business Unit Head: Reginald Zeno 8517
Additional Information Contact: Crystal Hinojosa 7808