HomeMy WebLinkAbout(0100) M&C 21-0705City of Fort Worth,
Mayor and
DATE: 09/21 /21
Texas
Council Communication
LOG NAME: 17ED PID14FY22
SUBJECT
M&C FILE NUMBER: M&C 21-0705
(CD 9) Conduct Public Benefit Hearing for Forth Worth Public Improvement District 14 - Trinity Bluff; Adopt the Attached Ordinance (1) Approving
and Adopting the Fiscal Year 2021-2022 Budget, Five -Year Service Plan, Assessment Plan, and Tax Year 2021 Assessment Roll, and (2) Levying
Special Assessments for the 2021 Tax Year at a Rate of $0.10 Per Each $100.00 of Property Value; Authorize Execution of Agreement with
Downtown Fort Worth, Inc., in the Amount of $12,000.00 to Manage the Public Improvement District; and Adopt Attached Appropriation Ordinance
(PUBLIC HEARING - a. Report of City Staff: Crystal Hincjosa; 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 14 - Trinity Bluff (Trinity Bluff PID) for the 2021 tax year;
2. Adopt the attached ordinance (1) approving and adopting the fiscal year 2021-2022 budget in the amount of $88,950.00, five-year service
plan, assessment plan, and tax year 2021 assessment roll (on file with the City Secretary) for the Trinity Bluff PID; and (2) levying special
assessments on privately -owned property located in the Trinity Bluff PID for the 2021 tax year at a rate of $0.10 per each $100.00 of property
value (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 Tarrant County, Texas no
later than the seventh (7th) day after adoption by the City Council;
4. Authorize the execution of an agreement with Downtown Fort Worth, Inc., in the amount of $12,000.00 to provide management of the
improvements and services for the Trinity Bluff PID during Fiscal Year 2021-2022; and
5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Forth Worth Public Improvement District
14 - Trinity Bluff Fund in the amount of $88,950.00, of which (1) $81,050.00 is from available funds, and (2) $7,900.00 is from decreasing
available fund balance by the same amount.
DISCUSSION:
On June 16, 2009, the Mayor and City Council adopted Resolution No. 3748-06-2009 establishing the Fort Worth Public Improvement District 14 -
Trinity Bluff (Trinity Bluff PID).
The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2021-2022 budget and five-year service plan
for the Trinity Bluff PID and the proposed assessments to be levied on each property in the Trinity Bluff PID for the 2021 tax 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, five-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 Trinity Bluff PID and the costs thereof are as follows:
Fiscal Year 2022 Budget
Improvements
Total Budgeted Cost
Management Fee
$12,000.00
Tree Lights/ Utilities
$1,250.00
Landscaping
$31,000.00
Litter Abatement
1 $3,600.00
Maintenance
$11,600,00
Ambassador Program
$24,000.00
Marketing
1 $1, 000.00
City Audit
$2,500.00
City Administrative Fee
$2,000.00
Total Expenses
$88,950.00
The total budgeted costs of the improvements and services are in the amount of $88,950.00. Of this amount $81,050.00 will be funded by
assessments collected on privately owned parcels located in the Trinity Bluff PID by applying a rate of $0.10 per each $100.00 of property value.
The remainder of the costs in the amount of $7,900.00.00 will be transferred from the unaudited, unassigned fund balance. The assessment rate is
the same as last year.
On September 14, 2021, the City Council conducted a public hearing to receive comments on the proposed Fiscal Year 2021-2022 budget, five-
year service plan, and assessments for the Trinity Bluff PID. Notice of the September 14, 2021 benefit hearing and this hearing were published in
the Fort Worth Star -Telegram and mailed to all owners of property on record in the Trinity Bluff PID on August 27, 2021, in accordance with state
law.
The Trinity Bluff PID is located in COUNCIL DISTRICT 9.
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 #14 - Trinity Bluff 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