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HomeMy WebLinkAbout(0058) M&C 20-0560City of Fort Worth, Texas Mayor and Council Communication DATE: 08/18/20 M&C FILE NUMBER: M&C 20-0560 LOG NAME: 13FMS PID19FY21 BENEFIT SUBJECT (CD 3 and 7) 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.19 , Historic Camp Bowie (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. 19, Historic Camp Bowie for Fiscal Year 2020-2021; 2. Approve the filing of the proposed 2020 Assessment Roll for Fort Worth Public Improvement District No. 19, Historic Camp Bowie 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. 19, Historic Camp Bowie Fiscal Year 2020-2021 Budget, Five -Year Service Plan, and 2020 Assessment. DISCUSSION: On August 19, 2018, the Mayor and City Council adopted Resolution No. 4966-08-2018 establishing Fort Worth Public Improvement District No. 19, Historic Camp Bowie (Historic Camp Bowie PID). State law requires an annual report on the proposed budget and Five -Year Service Plan for the Historic Camp Bowie PID, which is attached. The general nature of the proposed improvements and/or services to be provided in the Historic Camp Bowie PID include: • A comprehensive litter abatement program; • A coordinated communication program to assure that businesses located within the Historic Camp Bowie 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, landscape improvements, street improvements, signs and banner programs, and other streetscape amenities in the Historic Camp Bowie PID; • Special cooperative programs with area neighborhoods, schools, museums, and other institutions to assure that the business, residential and civic organizations all work together to identify programs that enhance the economic vitality and livability of the Camp Bowie Boulevard corridor within the Historic Camp Bowie PID; • A Landscaping, Construction, and Maintenance Program consisting of the planting and maintenance of special supplemental landscaping and the maintenance of supplemental irrigation systems; • Various capital and other improvements, including streets, landscaping, sidewalks, signs, and banners; and • A Management Program to provide for the administration, management, and operation of the Historic Camp Bowie 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 Historic Camp Bowie PID is $0.10 per each $100.00 of valuation on commercial property. Subsequent actions will formally establish the assessment rate and the corresponding budget for Fiscal Year 2020- 2021. The proposed 2020 Assessment Roll for the Historic Camp Bowie 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 Historic Camp Bowie PID is located in COUNCIL DISTRICTS 3 & 7. 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 W. Jay Chapa 5804 Originating Business Unit Head: Reginald Zeno 8517 Additional Information Contact: Crystal Hinojosa 7808