HomeMy WebLinkAboutOrdinance 17112-08-2006Ordinance No. 17i 12-08-2006
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF $51,954 FROM
AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING IMPROVEMENTS AND
SERVICES IN PUBLIC IMPROVEMENT DISTRICT NO. 7 (HERITAGE); MAKING THIS
ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH; AND
PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS:
SECTION 1.
That in addition to those amounts allocated to the various City departments fnr Fiscal Year 2006-2007 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Special Assessment District Fund in the amount of $51,954 from available funds for the purpose of funding
improvements and services in Public Improvement District No. 7 (Heritage).
SECTION 2.
That 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 said remaining
provisions shall be and remain in full force and effect.
SECTION 3.
That this ordinance shall be incorporated into the ordinance effecting the budget of the municipal
government of the City of Fart Worth for the ensuing Fiscal Year beginning October 1, 2006, and ending
September 30, 2007, and all other ordinances and appropriations amending the same except in those
instances where the provisions of this ordinance are in direct conflict with such ether ordinances and
appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are
hereby expressly repealed.
SECTION ~4.
This ordinance shall take effect upon adoption.
APPR A O F M AND LEGALITY:
Assistant y Attorney
ADOPTI=D AND EFFECTIVE: ,T„_, August_22, 20(}6
City of Fort Worth
FIVE YEAR SERVICI' PI-AID
Puhlia Improverxaent District #7 - E~eritage
REVENUE
FY06/07 FY07/08 FY08109
Assessment Revenues 728,573 852,410 976,910
City Paym~ant in-lieu of Services 51,954 # 54,552 57,279
Builder Assessment $200 per Eat 33,200 24,000 20,000
Hiilwood Subsidy 4,06p 1,547 29,704
Total Revenues
817,787 932,509 1,083,893
EXPENSES
Operations
Utilities .
Landscape Maintenance
Common Area Maintenance
Insurance
City Administration
Total Expenses
BAI-ANCE
65,880 77,873 81,207.
190,276 217,731 251,101
456,337 530,357 633,497
85,200 83,000 91,050
5,524 6,500 7,500
14,570 17,048 19,538
817,787 932,509 1,#83,893
FY09/10 FY10/11
1,101,410 1,225,910
60,143 63,150
16,000 12,000
1,177,553 1,301,060
89,045 82,922
256,138 261,282
651,930 669,356
94,610 97,926
7,500 7,5aa
22,028 24,518
'[,121,251 1,153,504
56,302 147,556
~ii~y ®f ~®r~ VV®~tf~, T"exa~
Mayor and Council Communication
COUNCIL ACTION; Approved on 8/22/2008 -Ordinance N®. 17112-08-2006
DATE: Tuesday, August 22, 2006
LOC., NAIUiE: ~3PID07PUBHEAR REFERENCE NO.: {~-15368
SUBJECT:
Approve FY20A6-07 Budget and Five-Year Service Plan for Fort Worth Public Impravement District
7 (HERITAGE}, Authorize Transfer of City's Payment In-t_ieu of Services, Adopt Appropriation
Ordinance, Adopt Proposed 2006 Assessment Roll, Set Benefit Hearing, Authorize Transfer for
Administrative Fees, Adapt Appropriation Ordinance and Authorize Execution of a Contract with
Premier Communities, to Provide Management Services for the District
RECOMMENDATION;
It is recommended that the City Council:
Hold a public hearing concerning the budget and five-year service plan for FY2006-07;
2. Approve the attached budget and five-year service plan for FY2006-07 as recommended by the
Advisory Board of Fort Worth Public Impravement District 7 (PID 7) and approve adding to the FY2006-07
budget, as contingency, any unencumbered revenues from the PID 7 assessments from prior years;
3. Authorize the transfer of $51,954.00 for the City's payment in-lieu a# services from the General Fund to
the Specia! Assessment District Fund, PID 7, FY2006-07 Project account;
4. Adapt the attached appropriation ordinance increasing estimated receipts .and, appropriations by
$51,954.00 in the Special Assessment District Fund PID 7, FY2006-07 Project account from available
funds;
5. Adapt the proposed 2006 assessment roll;
6. Set Bene#it Hearing for Tuesday, September 12, 2006, at 10:00 a.m. in the City Council Chambers;
7. Authorize the transfer of $14,570.00 for administrative fees from the Special Assessment District Fund
PID 7, FY2006-07 Project account to the General Fund; and
8. Authorize the City Manager to execute a contract with Premier Communities to provide management
and improvement services in the PID 7 during FY2006-07 for the sum of $817,787.00.
DISCUSSION:
On September 26, 2000, {M&C G-13021) the City Council established Fart Worth Public Improvement
District 7 (PID 7).
State law requires an annual report on the proposed budget and five-year service plan, which is included as
part of this Mayor and Communication.
Lognazne: 13PID0'~PUBHEAR Page 1 of 2
The general nature of the proposed improvements and/or :services #a be provided by the district shall
include:
. An improvement district landscaping, construction and maintenance program consisting of the planting
and maintenance of special supplemental landscaping, the maintenance of supplemental irrigation systems
and park maintenance;
. Special fencing in and along boulevards, parks and open spaces; and
o An improvement distriat management program to provide for the administration, management and
operation of the district.
Twa line items listed on the five-year service plan, which requires transfer of City funds are City Payment ln-
lieu of Services and City Administration Fee.
1. City Payment In-lieu of Services is a supplement to the PlD budget, funding the level of improvements ar
services that would be provided by the City of Fort Worth to the taxpayers in the District.
2. On July 27, 2004, {M&C G-14443} the City Council adapted guidelines for setting an Administration Fee
structure. The City shall assess an annual administration fee far all districts equal to two percent (2%) of
the district's annual assessments, or $2,OOOAO; whichever is greater.
PiD 7 is located in COUNCIL DISTRICT 2.
F1SCAi.. INFORMATiIONICERT1FtCATION:
The Finance Director certifies that upon approval and completion of the above recommendations, funds will
be available in the FY2006-07 operating budget, as appropriated, of the Special Assessment District Fund.
T® Fur~dlAccourttlCergters FROM FundlAcco~antlCenters
GS87 472001 002507DD2DDD ,5,1.954.00 GGD1 538070 0905800 $51,954.00
GG01 481306 0134D10 $14.570.DD GS87 53912D 00250700200D $14.570.OD
GS87 538120 DD2507002000 $51,954.00 GS87 538120 OD25D7D02000 $817,787.00
Submitted for Cit Mona er's Office h Karen Montgomery ()
®rig_inatinc~ ®epartrnent Head: Richard Zavala (Acting) (}
Additional Irofarrv~ation Contact: Jenny Townsend (6030)
Becky Wood (8550}
Lagname: 13PfD07PUBHEAR Pags 2 of 2