HomeMy WebLinkAbout(0049) M&C 20-0557City of Fort Worth, Texas
Mayor and Council Communication
DATE: 08/18/20 M&C FILE NUMBER: M&C 20-0557
LOG NAME: 13FMS PID14FY21 BENEFIT
SUBJECT
(CD 9) Conduct Public Benefit Hearing Regarding the Proposed Fiscal Year 2020-2021 Budget, Five -Year Service Plan, and 2020 Assessment
for Fort Worth Public Improvement District No. 14, Trinity Bluff
(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. 14, Trinity Bluff for Fiscal Year 2020-2021;
2. Approve the filing of the proposed 2020 Assessment Roll for Fort Worth Public Improvement District No. 14, Trinity Bluff 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. 14, Trinity
Bluff Fiscal Year 2020-2021 Budget, Five -Year Service Plan, and 2020 Assessment.
DISCUSSION:
On June 16, 2009, the Mayor and City Council adopted Resolution No. 3748-06-2009 establishing Fort Worth Public Improvement District No. 14,
Trinity Bluff (Trinity Bluff 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 Trinity Bluff 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 Trinity Bluff 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) $2,000.00.
The proposed 2020 Assessment Rate on property subject to assessment in the PID is $0.10 per each $100.00 of valuation. Subsequent actions
will formally establish the assessment rate and the corresponding budget for Fiscal Year 2021. The proposed 2020 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 25, 2020 Public
Benefit Hearing.
The Trinity Bluff PID is located in COUNCIL DISTRICT 9.
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