HomeMy WebLinkAboutOrdinance 25089-09-2021 ORDINANCE NO. 25089-09-2021
AN ORDINANCE APPROVING AND ADOPTING THE FISCAL YEAR 2021-
2022 BUDGET, SIX-YEAR SERVICE PLAN, ASSESSMENT PLAN, AND
ASSESSMENT ROLL (TO BE KEPT ON FILE WITH THE CITY
SECRETARY) FOR PUBLIC IMPROVEMENT DISTRICT 18 - TOURISM;
LEVYING SPECIAL ASSESSMENTS FOR THE COSTS OF CERTAIN
IMPROVEMENTS AND SERVICES BENEFITTING PROPERTIES IN
PUBLIC IMPROVEMENT DISTRICT 18—TOURISM DURING FISCAL YEAR
2021-2022; SETTING CHARGES AND LIENS AGAINST PROPERTY IN THE
DISTRICT AND AGAINST THE OWNERS THEREOF; PROVIDING FOR
THE COLLECTION OF THE SPECIAL ASSESSMENTS; PROVIDING FOR
DUE DATES, PENALTIES, AND INTEREST; PROVIDING FOR RELIANCE
ON ORDINANCE AND RECITALS IN EVENT OF A SUIT; PROVIDING A
SEVERABILITY CLAUSE; PROVIDING THAT ORDINANCE IS
CUMULATIVE OF ALL NON-CONFLICTING PRIOR ORDINANCES; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, Chapter 372 of the Texas Local Government Code ("Code") authorizes the
creation of a public improvement district consisting of non-contiguous territory in which is located
hotels meeting certain criteria, with owners/operators of such hotel properties being subject to
assessment to pay for the services and benefits provided by the district;
WHEREAS, on August 29, 2017, the City Council of the City of Fort Worth("City Council")
adopted Resolution No. 4837-08-2017, establishing Public Improvement District No. 18 - Tourism
("PID") in accordance with Section 372.0035 and other applicable sections of the Code;
WHEREAS, on August 18, 2020, the City Council adopted Resolution No. 5264-08-2020 to
expand the PID to include five additional hotels;
WHEREAS, on April 13, 2021, the City Council adopted Resolution No. 5382-04-2021 to
further expand the PID to include three additional hotels;
WHEREAS, on September 14, 2021, the City Council adopted a Resolution to further expand
the PID to include one additional hotel (M&C 21-0636);
WHEREAS, Section 372.013 of the Act, as recently amended by the 87' Texas Legislature through
House Bill No. 1543 (effective September 1, 2021), requires the City Council to annually review and adopt an
ordinance approving the Service Plan ("Service Plan")for the District;
WHEREAS, Sections 372.013 and 372.014 of the Act require the annual Service Plan to (i) cover a
period of at least five years; (ii) define the annual indebtedness and the projected costs for improvements; (iii)
include an Assessment Plan("Assessment Plan"),- and(iv) include a copy of the notice form required by Section
5.014 of the Texas Property Code(the Service Plan and Assessment Plan are collectively referred to herein as
the"Service and Assessment Plan");
WHEREAS, City Council must review the proposed fiscal year 2021-2022 Service Plan and hold a
public hearing to receive comments and pass on any objections to the Assessment Plan raised by any owner of
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property located within the District and, at the conclusion of the hearing, levy an assessment for the purpose of
providing supplemental services and improvements for the PID;
WHEREAS, the Service and Assessment Plan is attached hereto as Exhibit A and incorporated herein
for all purposes;
WHEREAS,City Council desires to approve and adopt the fiscal year 2021-2022 Assessment Roll that
was filed with the City Secretary and subject to public inspection in the City's official records prior to the public
hearings set forth below("Assessment Roll");
WHEREAS, the total budgeted cost of the improvements and services in the Service Plan for
fiscal year 2021-2022 will be funded by special assessments on the owners/operators of PID hotels
with 100 or more rooms, with such assessments being in an amount equal to two percent of revenues
that the hotels receive from taxable hotel room night charges and with the names of such hotels being
listed in Exhibit B, which is attached hereto and hereby made a part of this Ordinance for all purposes
(such properties hereinafter being referred to as "Hotel Parcels" and the hotels located thereon being
referred to as "Qualifying Hotels");
WHEREAS, the Texas Comptroller of Public Accounts has indicated that owners/operators
may seek reimbursement in an amount equal to the special assessment from hotel guests, with such
reimbursement being a mandatory charge that is subject to state and local hotel tax(Texas Comptroller
Opinion Letter 201111277L,November 8, 2011);
WHEREAS, it is proposed that the owners/operators of the Hotel Parcels located in the PID be
assessed at a rate of two percent (2%) of the consideration received from occupancy of any sleeping
room furnished by Qualifying Hotels, which assessments shall be collected in the same manner and in
accordance with the same procedures as those established for collection of the City's hotel occupancy
tax, as set forth in Chapter 32, Article 11 of the City Code;
WHEREAS, the Service and Assessment Plan were previously presented in public hearings
conducted by the City Council beginning at 7:00 p.m. on September 14, 2021 (M&C 21-0637) and at
7:00 p.m. on September 21, 2021 in the City Council Chambers in City Hall in the City of Fort Worth,
Texas ("Public Hearings"); and
WHEREAS, notice of the Public Hearings was published and mailed in accordance with state
law, and all persons desiring to be heard were given a full and fair opportunity to be heard at the Public
Hearing.
NOW,THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH,TEXAS:
SECTION 1.
The Public Hearings are hereby closed, and any and all protests and objections,whether herein
enumerated or not, are hereby overruled. The Recitals and findings listed above are true and correct and
form the basis upon which this Ordinance is being adopted and are incorporated herein by reference.
Ordinance No.25089-09-2021
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SECTION 2.
The City Council hereby approves and adopts the Service and Assessment Plan and Assessment Roll.
In doing so,the City Council finds that the supplemental services and improvements set forth in the Service Plan
are feasible and advisable and will serve the needs and desires of the property owners in the PID.
SECTION 3.
The City Council, from all evidence before it, including all information provided to it and
considered in the Public Hearings, finds that the assessments described herein on Hotel Parcels should
be made and levied in a manner that results in imposing the costs of the Services on Qualifying Hotels
that are similarly benefitted from the provision of those Services. The apportionment of those costs
will be based on the special benefits accruing to the Qualifying Hotels on account of the Services
provided. As a result,those Qualifying Hotels that sell more guest rooms will pay a greater portion of
the costs of the Services because those properties will have received a greater benefit from the
promotions and marketing comprising the Services. The City Council further finds that this method of
assessment is fair and equitable and results in an apportionment of the costs of the Services that
complies with applicable law.
SECTION 4.
In accordance with Section 372.017, Texas Local Government Code, in order to pay the costs
of the improvements and services in the Service Plan provided during Fiscal Year 2021-2022,effective
October 1, 2021 the City hereby levies a special assessment against owners/operators of the Hotel
Parcels in an amount equal to two percent (2%) of the consideration received from the occupancy of
any sleeping room furnished by Qualifying Hotels, which assessments shall be collected in the same
manner and in accordance with the same procedures as those established for collection of the City's
hotel occupancy tax, as set forth in Chapter 32, Article II of the City Code.
SECTION 5.
The assessments levied hereunder, together with reasonable attorney's fees and cost of
collection, if incurred, are hereby declared to be and are made a lien upon the Hotel Parcels and
Qualifying Hotels, and are a personal liability and charge against the real and true owners of such
properties, whether such owners are correctly named herein or not. Such liens shall be and constitute
the first enforceable lien and claim against the Hotel Parcels and Qualifying Hotels, superior to all other
liens and claims, except state, county, school district and city ad valorem taxes. A copy of this
Ordinance may be filed with the County Clerk of each county in which a Hotel Parcel and Qualifying
Hotel are located, and when so filed shall constitute complete and adequate legal notice to the public
concerning the liens hereby assessed against the respective parcels of property and the owners thereof.
The sums assessed against the Hotel Parcels are due at the same time that hotel occupancy taxes
on the Qualifying Hotels located thereon become due, and become delinquent if not paid by the
applicable deadlines for hotel taxes remittance established by Chapter 32, Article II of the City Code.
The entire amount assessed against each Hotel Parcel shall bear penalty and interest, from and after the
Ordinance No.25089-09-2021
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respective due date at the same rate as prescribed Chapter 32, Article II of the City Code, for hotel tax.
SECTION 6.
If default is made in the payment of any assessments, collection thereof may be enforced by
suit in any court of competent jurisdiction, and said City may exercise all of its lawful powers to aid in
the enforcement and collection of said assessments.
SECTION 7.
The total amount assessed against the respective parcels of property and the owners thereof is
in accordance with the proceedings of the City hereto and is permitted by applicable law.
SECTION 8.
Full power to make and levy reassessments and to correct mistakes, errors, invalidities, or
irregularities in the assessments are, in accordance with the law in force in this City,vested in the City.
SECTION 9.
In any suit upon any assessment or reassessment, it shall be sufficient to allege the substance
of the provision recited in this Ordinance and that the Recitals hereto are in fact true, and further
allegations with reference to the proceedings relating to such assessment and reassessment shall not be
necessary.
SECTION 10.
Should any portion, section, or part of a section of this Ordinance be declared invalid,
inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion, or
judgment shall in no way impair the remaining portions,sections,or parts of sections of this Ordinance,
which shall remain in full force and effect.
SECTION 11.
This Ordinance shall be cumulative of all other ordinances and appropriations amending the
same except in those instances where the provisions of this Ordinance are in direct conflict with such
other ordinances and appropriations, in which instance said conflicting provisions of said prior
ordinances and appropriations are hereby expressly repealed.
SECTION 12.
The City Secretary is directed to cause a copy of this Ordinance to be recorded in the real property
records of each county in which a Hotel Parcel and Qualifying Hotel are located, no later than the seventh
(71b)day after the adopted date of this Ordinance.
Ordinance No.25089-09-2021
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SECTION 13.
This Ordinance takes effect and will be in full force and effect from and after the date of its
passage.
AND IT IS SO ORDAINED.
APPROVED AS TO FORM AND LEGALITY: A T: n
Tyler F. tt Ronald
P. Gonzales
Assistant City Acting City Secretary
M&C: 21-0707
Adopted: September 21, 2021
�XAS
Ordinance No.25089-09-2021
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EXHIBIT "A"
SERVICE AND ASSESSMENT PLAN
City of Fort Worth
Six Year Service Plan
Public Improvement District No.18-Tourism
FY21122 FY22123 FY23124 FY2,4125 FY25126 FY2612T
REVENUES
PID Assessments $ 3,950,000 $ 4,345,000 $ 4,562,250 $ 4,790,363 $ 4,958,026 $ 5,131,557
Total Funds Available forUse f 3,950,000 f 4,345,000 f 4,562,250 f 4,790,363 f 4,958,026 f 5,131,557
EXPENSES
Inca ntives&Sales Efforts $ 1,850.125 $ 2,037,750 $ 2.140,944 $ 2,249,297 $ 2,328,937 $ 2,411,365
Marketing and Research(Promotion/
Advertising) 1,363,250 1,601,500 1,577,538 1,657,377 1,716,059 1,776,795
Site Visits&Familiarization Tours 194.750 214,500 225,363 236,768 245,161 263,828
Cultural Enhancements through
Marketing and promotion of the Arts 292,125 321,750 338,044 355,152 367,727 380,742
Operations&Administration 194,750 214,500 226,361 236,769 246,162 263,827
City Administrative Fee 66,000 55,0D0 55,000 55,000 55,0D0 55,000
Total Budgeted Expenses f 3,950,000 f 4,345,000 f 4,562,250 f 4,790,363 T 4,9511,026 f 5,131,557
Contribution to Fund Balance - - - - - -
Total Expenses f 3,950,000 f 4,345,000 f 4,562,250 f 4,790,383 f 4,958,026 f 51131,557
Net Change in Fund Balance $ - f - $ - $ - f - $
Fund Balance,,Beginning of Year Estimated 2,834,045 2,834,045 2,834,045 2,834,045 2,834,045 2,634,045
Estimated Fund Balance,End of Year 2,834,045 2,834,046 2,834,046 2,834,045 2,834,045 2,834,046
Reserve Requirement 724,312 760,627 798,654 826,503 855,431 855,431
Over(Under)Reserve f 2,109,733 f 2,073,518 f 2,035,491 f 2,007,542 f 1,078,614 $ 1,978,614
Ordinance No.25089-09-2021
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Assessment Plan
The total budgeted costs of the Services will be funded by special assessments on the
owners/operators of Tourism PID hotels with 100 or more rooms, with such assessments being in an
amount equal to two percent of the consideration received from occupancy of any sleeping room
furnished by qualifying hotels. The assessments will be collected in the same manner and in accordance
with the same procedures as those established for collection of the City's hotel occupancy tax, as set
forth in Chapter 32, Article II of the City Code. The current names and addresses of the qualifying
hotels that are subject to assessment, along with the ordinance levying such assessments, are on file
with the City Secretary of the City of Fort Worth.
Ordinance No.25089-09-2021
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Notice Form for Hotel Properties
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT
TO THE CITY OF FORT WORTH, TEXAS
CONCERNING THE FOLLOWING HOTEL PROPERTY
(insert property address)
As the purchaser of the real property described above,you are obligated to pay assessments to the City
of Fort Worth, Texas, for the costs of a portion of a public improvement or services project (the
"Authorized Services") undertaken for the benefit of the property within Fort Worth Public
Improvement District No. 18-Tourism(the"District")created under Subchapter A,Chapter 372,Local
Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED
SERVICES, WHICH MUST BE PAID IN FULL WITH EVERY PAYMENT BY THE HOTEL OF
LOCAL HOTEL OCCUPANCY TAX REMITTANCES TO THE MUNICIPALITY. YOUR
FAILURE TO PAY THE ASSESSMENT MAY RESULT IN PENALTIES AND INTEREST BEING
ADDED TO WHAT YOU OWE, AND MAY INCLUDE THE PURSUIT OF ANY OTHER
REMEDY THAT IS AUTHORIZED UNDER SECTION 372.0035(d), LOCAL GOVERNMENT
CODE.
Information about the calculation of the assessment may be obtained from the City of Fort Worth,
Texas. The exact assessment rate will be approved each year by the Fort Worth City Council in the
annual service plan update for the District. More information about the assessments, including the
assessment rate and due dates, may be obtained from the City Secretary. The undersigned purchaser
acknowledges receipt of this notice before the effective date of a binding contract for the purchase of
the real property at the address described above.
Date:
Signature of Purchaser
Ordinance No.25089-09-2021
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EXHIBIT B
QUALIFYING HOTELS IN THE TOURISM PID
Tourism PID Hotels
Account Name Address City,state,Zip RetS
AC Hotel Fort Worth-Downtown 610 Main St Fort Worth,TX 76102 252
Aloft Downtown Fat Worth 300 Throcknorton Fort Worth,TX 76102 180
American Airlines Training and Conference Center 4601 State Hwy 360 Fort Worth,TX 76155 299
Autograph Collection Downtown Fort Worth 512 Main St. Fort Worth,TX 76102 165
Budget Suites of America-Fossil Creek 3500 NE Loop 820 Fort Worth,TX 76137 366
Candlewood Suites-DFW South 4200 Reggis Drive Fort Worth,TX 76155 174
Courtyard by Marriott-Alliance 3001 Amador Dr. Fort Worth,TX 76244 127
Courtyard by Marriott-Blackstone 609 Main Street Fort Worth,TX 76102 203
Courtyard by Marriott-Fossil Creek 3751 NE Loop 820 Fort Worth,TX 76137 154
Courtyard by Marriott-Stockyards 2537 Main St. Fort Worth,TX 76164 124
Courtyard by Marriott-University Drive 3150 Riverfront Fort Worth,TX 76107 130
Courtyard by Marriott-West at Cityview, 6400 Overton Ridge Boulevard Fort Worth,TX 76132 104
Delwath Ion 812 E.Felix Street Fort Worth,TX 76115 120
DFW Airport Marriott South 4151 Centreport Boulevard Fort Worth,TX 76155 295
DFW Marriott Hotel and Golf Club at Champions Circe 3300 Championship Pkwy Fort Worth,TX 76177 286
Embassy Suites Hotel-Downtown Fat Worth 600 Commerce Street Fort Warth,TX 76102 166
Extended Stay America-City Yew 5065 Bryant Irvin Rd Fort Worth,TX 76132 104
Fairfield Inn&Suites Downtown 1010 Houston Fort Worth,TX 76102 110
Fairfield Inn&Suites Fossil Creek 3701 NE Loop 820 Fort Worth,TX 76137 106
Hampton Inn and Suites-WesU1-30 2700 Green Oaks Fort Worth,TX 76116 105
Hampton Inn and Suites-DFW South 4201 Reggis Court Fort Worth,TX 76156 116
Hampton Inn and Suites Downtown Fort Worth 1001 Commerce St. Fort Worth,TX 76102 245
Fitton Fort Worth 815 Main Street Fort Worth,TX 76102 294
Hilton Garden Inn-Fort Worth Alliance Alrpat 2600 Westport Parkway Fort Worth,TX 76177 127
Fitton Garden Inn-Medical Center 912 Nolhton Street Fort Worth,TX 76104 157
Holiday Inn-DFW Airport South 14320 Contra Station Road Fort Worth,TX 76155 143
Ordinance No.25089-09-2021
Page 9 of 11
Holiday Inn Express-Downtown 1111 W Lancaster Fort Worth.TX 76102 132
Holiday Inn North-Fossil Creek 4635 Gemini Place Fort Worth,TX 76106 126
Home2 Suites by Hilton-Cultural District 3000&3012 W Lancaster Ave Fort Worth,TX 76107 114
Homewood Suites-Fossil Creek 3701 Tanecross Fort Worth,TX 76137 137
Homewood Suites-Medical Center 2200 Charlie Lane Fort Worth,TX 76104 157
Hotel Drover,Autograph Collection 200 Mule Alley Drive Fort Worth.TX 76164 200
Hyatt Place-Alliance Town Center 3201 Alliance Town Center Fort Worth,TX 76177 130
Hyatt Place-Cttyview 5900 Cityview Street Fort Worth,TX 7 132 127
Hyatt Place-Stockyards 132 E Exchange FortWorlh,TX 76164 100
Hyatt Place-TCU 2500 West Berry Street Fort Worth.TX 7 109 127
IQmpton Hotel 714 Main St Fort Worth,TX 76102 232
Le Quints Inn and Suites-Fort Worth North 2501 Polaris Dr Fort Worth,TX 76137 133
La Quints Inn and Suites-Southwest 6100 Overton Ridge Fort Worth,TX 7 132 128
Omni Fat Worth Hotel 1300 Houston Fort Worth,TX 76102 614
Quality Inn and Suites-Cattle Baron 2700 S Cherry Lane Fort Worth,TX 76116 109
Redisson-Fort Worth South Hotel 100 Alta Mesa East Fort Worth,TX 76134 247
Redisson Hotel-Fort Worth Fossil Credo 2540 Meacham Street Fort Worth,TX 76106 247
Residence Inn-Alliance Airport 13400 North Freeway Fort Worth.TX 76177 111
Residence Inn-Cultural District 25DO Museum Way Fort Worth.TX 76107 150
Residence Inn-Fossil Creek 5801 Sandshell Drive Fat Worth,TX 76137 114
Residence Inn-Waterside 5825 Arbonawn Drive Fort Worth,TX 76109 119
Sandman Signature Hotel 810 Houston Street Fort Worth,TX 76102 240
Sheraton Fat Worth Hotel and Spa 1601 Commerce Street Fort Worth,TX 76102 429
Spring Hill Suites by Marriott-Stockyards 2315 N Main St Fort Worth.TX 76164 170
Spring Hill Suites by Marriott-University 3250 Lovell Street Fort Worth,TX 76107 145
Stay Express Hotel Fat Worth 2000 Beach Street Fort Worth,TX 76103 168
Towne Place Suites Downtown 801 E Belknap Fort Worth,TX 76102 140
TownePteoe Suites University 3450 W Vickery Fort Worth,TX 76107 128
Wood Spring Suites Fort Worth 3501 NE Loop 820 Fort Worth,TX 76137 121
Ordinance No,25089-09-2021
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rtlOnFort WOM,TX 75102
Ordinance No.25089-09-2021
Page 11 of 11
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 09/21/21 MSC FILE NUMBER: M&C 21-0707
LOG NAME: 17ED PID18FY22
SUBJECT
(ALL)Conduct Public Benefit Hearing for the Fort Worth Public Improvement District No. 18-Tourism;Adopt Attached Ordinance (1)Approving
and Adopting the Fiscal Year 2021-2022 Budget,Six-Year Service Plan,Assessment Plan,and Assessment Roll,and(2)Levying Special
Assessments for Fiscal Year 2021-2022;and Adopt Attached Appropriation Ordinance
(PUBLIC HEARING-a. Report of City Staff:Crystal Hinojosa; 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 property located in the Fort Worth Public Improvement
District 18-Tourism(Tourism PID)for Fiscal Year 2021-2022;
2. Adopt the attached ordinance: (1)approving and adopting the fiscal year 2021-2022 budget in the amount of$3,950,000.00,six-year
service plan,assessment plan,and assessment roll(on file with the City Secretary)for the Tourism PID;and(2)levying special assessments
on property located within the Tourism PID(SAP and Assessment Ordinance);
3. Direct the City Secretary to record a copy of the SAP and Assessment Ordinance in the real property records of the county in which the
properties are located no later than the seventh(7th)day after adoption by the City Council;
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District
18-Tourism Fund for Fiscal Year 2021-2022 in the amount of$3,950,000.00,from available funds.
DISCUSSION:
On August 29,2017,the Mayor and City Council adopted Resolution No.4837-08-2017, establishing the Fort Worth Public Improvement District
No. 18,Tourism(Tourism PID).The City Council subsequently approved the expansion of the Tourism PID to include additional hotels on August
18,2020(Resolution No.5264-08-2020),April 13,2021 (Resolution No.5382-04-2021), and September 14,2021 (M&C 17ED
PID18EXPANDTPID).
he purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2021-2022 budget and six-year service plan
for the Tourism PID and the proposed assessments to be levied on each property in the Tourism PID for the 2021-2022 fiscal year. Following the
public hearing, it is recommended that the City Council take the following actions:adopt the attached ordinances(1)approving and adopting the
budget,six-year service plan,assessment plan,and assessment roll; (2)levying the proposed assessments;and(3)appropriating funds.
The improvements and services to be provided in the Tourism PID during Fiscal Year 2022 and the associated costs thereof are as follows:
Fiscal Year 2022 Budget
Improvements Total Budgeted
Costs
Incentive&Sales Efforts $1,850,125.00i
Marketing and Research (Promotion/Advertising) $1,363,25 00 0
Site Visits&Familiarization Tours $194,750.00j
Cultural Enhancements through Marketing and
promotion of the Arts $292,125.00
Operations&Administration $194,750.00
City Administrative Fee $55,000.00
Total Expenses $3,950,000.00
The total budgeted costs of the improvements and services are$3,950,000.00,all of which will be funded by the owners/operators of Tourism PID
hotels with 100 or more rooms paying a special assessment at a rate of two percent of revenues they receive from a hotel room. The
owners/operators may seek reimbursement in an amount equal to the special assessment from hotel guests,with such reimbursement being a
mandatory charge that is subject to state and local hotel tax.
Due to the recent recovery of hotel occupancy in the City of Fort Worth(City),City staff,the Fort Worth Tourism Public Improvement District
Corporation(FWTPIDC),and the Fort Worth Convention and Visitors Bureau (FWCVB)have projected an increase for next year's Tourism PID
assessment revenue of 41%,or$1,150,000.00, over the Fiscal Year 2020-2021 updated budget. While this is significant growth over the previous
year,the amount is 13%,or$593,200.00,less than Fiscal Year 2018-2019 actual collections.
On September 14,2021,the City Council conducted a public hearing to receive comments on the proposed Fiscal Year 2021-2022 budget,six-
year service plan,and 2021 assessments for the Tourism PID(M&C 17ED PID18FY22 BENEFIT).Notice of the September 14,2021,benefit
hearing and this hearing were published in the Fort Worth Star-Telegram on August 27,2021,and mailed to all hotel owners on record in the
Tourism PID on August 25,2021,in accordance with state law.
In fiscal year 2018,the City entered into a contract with the FWTPIDC and the FWCVB to manage the operations of the Tourism PID.The term of
this agreement is commensurate with the term of the Tourism PID;thus,the FWTPIDC and the FWCVB will continue to manage the operations of
the Tourism PID for Fiscal Year 2021-2022.
The Tourism PID properties are located in ALL COUNCIL DISTRICTS.
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 upon approval of the above recommendations and the adoption of the Fiscal Year 2021-2022 Budget by the
City Council,funds will be available in the Fiscal Year 2022 operating budget,as appropriated,of the FWPID#18-Tourism 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: Robert Sturns 2663
Additional Information Contact: Crystal Hinojosa 7808
Expedited