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HomeMy WebLinkAboutOrdinance 25729-09-2022 ORDINANCE NO.25729-09-2022 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FISCAL YEAR 2022-2023 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 20-EAST LANCASTER AVENUE FUND IN THE AMOUNT OF$291,898.00,FROM AVAILABLE FUNDS,FOR THE PURPOSE OF PROVIDING IMPROVEMENTS AND SERVICES TO THE PUBLIC IMPROVEMENT DISTRICT 20-EAST LANCASTER AVENUE PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL 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 for Fiscal Year 2022-2023 in the Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the Fiscal Year 2022-2023 Fort Worth Public Improvement District 20—East Lancaster Avenue Fund in the amount of $291,898.00, from available funds, for the purpose providing improvements and services to the Public Improvement District 20-East Lancaster Avenue during Fiscal Year 2022-2023. 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 Fort Worth for the ensuing Fiscal Year beginning October 1,2022,and ending September 30, 2023, 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 other 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APPROVED AS TO FORM AND LEGALITY: CITY SECRETARY Nico Arias(Sep 19,2022 08:22 CDT) 4i0fiette S.Goodall(Sep 19,2022 08 CDT) Assistant City Attorney Jannette S.Goodall ,�F FOR, City Secretary 1.: . ADOPTED AND EFFECTIVE: September 13,2022 •'•,, ::' �XAS City of Fort Worth, Texas Mayor and Council Communication DATE: 09/13/22 M&C FILE NUMBER: M&C 22-0679 LOG NAME: 17ED PID20FY23 SUBJECT (CD 5 and CD 8)Conduct Public Benefit Hearing for Fort Worth Public Improvement District 20-East Lancaster Avenue,Adopt the Ordinance(1) Approving and Adopting the Fiscal Year 2022-2023 Budget, Five-Year Service Plan,Assessment Plan,and Tax Year 2022 Assessment Roll,and (2)Levying Special Assessments for the 2022 Tax Year at a Rate of$0.266 Per Each$100.00 of Property Value;Authorize Execution of Agreement with FirstService Residential Texas PID, LLC, in the Amount of$17,800.00 to Manage the Public Improvement District;and Adopt 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 the property located in Fort Worth Public Improvement District 20-East Lancaster Avenue for the 2022 tax year; 2. Adopt the attached ordinance(1)approving and adopting the fiscal year 2022-2023 budget in the amount of$291,898.00,five-year service plan,assessment plan,and tax year 2022 assessment roll(on file with the City Secretary)for the East Lancaster Public Improvement District; and(2)levying special assessments on the property located in the East Lancaster Public Improvement District for the 2022 tax year at the rate of$0.266 per each$100.00 of property value(Service Assessment Plan and Assessment Ordinance); 3. Direct the City Secretary to record a copy of the Service Assessment Plan 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 FirstService Residential Texas PID, LLC.,in the amount of$17,800.00 to provide management of the improvements and services for the East Lancaster Avenue Public Improvement District during Fiscal Year 2022-2023;and 5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 20—East Lancaster Fund in the amount$291,898.00 from available funds. DISCUSSION: On February 12,2019,the City Council adopted Resolution No.5052-02-2019,establishing Fort Worth Public Improvement District 20-East Lancaster Avenue(East Lancaster PID). The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2022-2023 budget and five-year service plan for the East Lancaster PID and the proposed assessments to be levied on each property in the East Lancaster PID for the 2022 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 East Lancaster PID during the 2022-2023 Fiscal Year and the costs thereof are as follows: Fiscal Year 2023 Budget Improvements Total Budgeted Cost Management Fee $17,800.001, Security Patrols $259,000.0011 Community Marketing/Events $1,500.00 Communications $31000.00� Audit/Annual Review $2,500.00 City Administrative Fee J $5,838.00 Contribution to Fund Balance $2,260.0011 Total Expenses $291,898.00'' The total budgeted costs of the improvements and services are in the amount of$291,898.00.The entire amount will be funded by assessments collected on privately owned parcels located in the East Lancaster PID by applying a rate of$0.266 per each$100.00 of property value.This is the same assessment rate as last year. On August 23,2022,the City Council conducted a public hearing to receive comments on the proposed 2022-2023 Fiscal Year budget,five-year service plan,and 2022 assessments for the East Lancaster PID. Notice of the August 23,2022,benefit hearing and this hearing were published in the Fort Worth Star-Telegram and mailed to all owners of property on record in the East Lancaster PID on August 12,2022,in accordance with state law. The East Lancaster PID is located in COUNCIL DISTRICTS 5&8. FISCAL INFORMATION I CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and the adoption of the Fiscal Year 2022-2023 Budget by the City Council,funds will be available in the Fiscal Year 2023 operating budget,as appropriated,in the FWPID#20-East Lancaster Ave Fund. Prior to any expenditure being incurred,the Economic Development Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office by: William Johnson 5806 Originating Business Unit Head: Robert Sturns 2663 Additional Information Contact: Crystal Hinojosa 7808 Expedited