HomeMy WebLinkAbout(0116) M&C 20-0578City of Fort Worth,
Mayor and
DATE: 08/25/20
Texas
Council Communication
LOG NAME: 13FMS PID19FY21
SUBJECT
M&C FILE NUMBER: M&C 20-0578
(CD 3 and CD 7) Conduct Public Benefit Hearing for Fort Worth Public Improvement District 19 - Historic Camp Bowie, Approve Fiscal Year
2020-2021 Budget in the Amount of $532,697.00 and Five -Year Service Plan, Approve Tax Year 2020 Assessment Roll, Adopt Ordinance Levying
Special Assessments for the 2020 Tax Year at a Rate of $0.10 Per Each $100.00 of Property Value for Commercial Property, Authorize Execution
of an Agreement with Camp Bowie District, Inc., in the Amount of $93,962.00 to Manage the PID; and Adopt Appropriation Ordinance
(PUBLIC HEARING - a. Report of City Staff: Anthony Rousseau; b. Public Comment; c. Council Action: Close Public Hearing and Act on M&C)
RECOMMENDATION:
It is recommended that the City Council:
1. Conduct a public benefit hearing concerning the proposed special assessments on the property located in Fort Worth Public Improvement
District 19 - Historic Camp Bowie for the 2020 tax year;
2. Approve the attached Fiscal Year 2020-2021 Budget in the amount of $532,697.00 and Five -Year Service Plan for Fort Worth Public
Improvement District 19 - Historic Camp Bowie;
3. Approve the Tax Year 2020 Assessment Roll for Fort Worth Public Improvement District 19 - Historic Camp Bowie, on file with the City
Secretary;
4. Adopt the attached ordinance levying special assessments on the commercial property located in Fort Worth Public Improvement District 19
- Historic Camp Bowie for the 2020 tax year at a rate of $0.10 per each $100.00 of property value;
5. Authorize the execution of an Agreement with Camp Bowie District, Inc., in the amount of $93,962.00 to provide management of the
improvements and services for Fort Worth Public Improvement District 19 - Historic Camp Bowie during Fiscal Year 2020-2021; and
6. Adopt the attached appropriation ordinance (1) increasing estimated receipts and appropriations in the FWPID #19 - Hist Camp Bowie
Fund in the amount of $469,811.00 from available funds; and (2) increasing appropriations in the FWPID #19 - Hist Camp Bowie Fund in the
amount of $62,886.00 and reducing fund balance by the same amount.
DISCUSSION:
On August 14, 2018, the City Council adopted Resolution No. 4966-08-2018, establishing the Fort Worth Public Improvement District 19 - Historic
Camp Bowie (Historic Camp Bowie PID).
The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2020-2021 Budget and Five -Year Service
Plan for the Historic Camp Bowie PID and the proposed assessments to be levied on each commercial property in the Historic Camp Bowie PID
for the 2020 tax year. Following the public hearing, it is recommended that the City Council take the following actions: (a) approve the attached
Budget and Five -Year Service Plan; (b) approve the 2020 Assessment Roll; and (c) adopt the attached ordinances levying the proposed
assessments and appropriating funds.
The improvements and services to be provided in the Historic Camp Bowie PID during the Fiscal Year 2020-2021 and the costs thereof are as
follows:
FY2020-2021 Budget
Total Budgeted Cost
Management Fee
$93,962
Beautification
$10,905
Green Ribbon Funding
$15,000
Beautification -Utilities
$20,000
Beautification -Maintenance
$88,086
Litter Abatement
$79,800
Security
1 $24,960
Economic Development
$122,100
Marketing & Promotion
$28,828
Communication
$24,000
Insurance
$7,035
Audit
1 $6,000
City Annual Review 11
$2,625
FY2020-2021 Budget
Total Budgeted Cost
(City Administrative Fee
I $9,396
Total Expenses
$532,697
The total budgeted costs of the improvements and services are in the amount of $532,697.00. Of this amount, $452,020.00, will be funded by
assessments collected on privately owned parcels located in the Historic Camp Bowie PID by applying a rate of $0.10 per each $100.00 of
property value. The remainder of the costs in the amount of $80,677.00 will be funded by other revenue sources including: (a) $17,791.00 in direct
payments from the City for Payment In -Lieu of Services, and (b) $62,886.00 transferred from the unaudited, unassigned fund balance. The
2020 assessment rate is the same as the prior year.
On August 18, 2020, the City Council conducted a public hearing to receive comments on the proposed 2020-2021 Fiscal Year Budget, Five -Year
Service Plan, and 2020 Assessments for the Historic Camp Bowie PID (M&C 13FMS PID19FY21 BENEFIT ). Notice of the August 18, 2020,
benefit hearing and this hearing were published in the Fort Worth Star - Telegram and mailed to all owners of property on record in the Historic
Camp Bowie PID on August 7, 2020, in accordance with state law.
The Historic Camp Bowie PID is located in COUNCIL DISTRICTS 3 & 7.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that upon approval of the above recommendations and the adoption of the Fiscal Year 2020-2021 Budget by the
City Council, funds will be available in the Fiscal Year 2021 operating budget, as appropriated, of the FWPID #19 - Hist Camp Bowie Fund. Prior
to any expenditure being incurred, the Financial Management Services Department has the responsibility to validate the availability of funds.
Submitted for City Manager's Office by. Jay Chapa 5804
Originating Business Unit Head: Reginald Zeno 8517
Additional Information Contact: Crystal Hinojosa 7808