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Home My WebLink AboutOrdinance 26113-04-2023ORDINANCE NO. 26113-04-2023 AN ORDINANCE AMENDING THE FISCAL YEAR 2022-2023 BUDG ET AND FIVE- YEAR SERVICE PLAN FOR PUBLIC IMPROVEMENT DISTRICT NO. 19 - HISTORIC CAMP BOWIE; MAKING THIS ORDINANCE CUMULATIVE OF ALL OTHER ORDINANCES; PROVIDING FOR A SEVERAB ILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Public Improvement District Assessment Act, Chapter 372 of the Texas Local Government Code ("Act"), allows for the creation of public improvement districts; WHEREAS, on August 14, 20 18 , the C ity Council of the City of Fort Worth ("City Counci l") authorized the estab li shment of Public Improvement District No. 19 -Historic Camp Bowie ("District"), as a public improvement district in accordance with the Act and Resolution No .4966-08-2018; WHEREAS, on September 13 , 2022 , City Council adopted Ordinance No. 25726-09-2022, approving the fiscal year (FY) 2022-2023 Budget, F ive-Year Service Plan , Assessm e nt Plan , and Tax Year 2022 Assessment Roll for the Hi storic Camp Bowie PIO; WHEREAS, the City Council desires to amend the fiscal year 2022-2023 budget and five -year service plan ("Amended Service Plan "), which is attached hereto as Exhibit A and incorporated herein for a ll purposes; WHEREAS , the Amended Service Plan is intended to supersede the Service Plan set out in Ordinance No. 25726-09-2022 ; and WHEREAS, the Amended Service Plan will not affect the previously adopted Assessment Plan or Assessment Roll. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT: SECTION 1. The Recitals and findings li sted above are true and correct and form the basis upon which this Ordinance is being adopted and are incorporated herein by reference . SECTION 2. The City Council hereby approves and adopts the Amended Service Plan for fiscal year 2022-2023. In doing so, the City Council finds that the supp lementa l serv ices and improvements set forth in the Service Plan are feasible and advisab le and wi ll serve the needs a nd desires of the property owners in the District. SECTION 3. 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. Ordinance o. 26113 -0 4-2023 Page 1 of3 SECTION 4. This Ordinance is 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 5. The City Secretary is directed to cause a copy of this Ordinance to be recorded in the real property records of Tarrant County, Texas no later than the seventh (7 th) day after the adopted date of this Ordinance. SECTION 6. 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: Nico Arias (Ma y 1, 2023 09:06 CDT) Nico Arias, Assistant City Attorney M&C: 23-0312 Adopted and Effective: April 25, 2023 ATTEST: Jannette Goodall, City Secretary Ordinance No. 26113-04-2023 Page 2 of3 EXHIBIT A AMENDED SERVICE PLAN City of Fon Worth Mid•Ye:v Fwe Ye,u-Serviu Pbn -FY 2023 -FY27 Public ~p«nrement Di.strict No. 19 -Historic C.amp Bowi• FYE 22123 FYE 23124 FYE 2.u2!i REVENUES PIO Assessm.ms s 41::D ,352 s -488.12e s 507.e51 COFW P.aym•nt in lieu of S@.rvic:H :lJl,S87 ·3s ,e91 38 ,887 Bucto-t R•venUlfs $ 5IUl,239 $ 527,013 $ 546,538 U w of Fu:nds 8.ab.nce 1n .ne 5.522 ToUI RevenLtH $ m .011 $ 527,013 552,060 EXPENSES !• :;emen:Fee s ,s.4ee s WJ~S4 s I Oll.308 Be.1out1fic.l · 27.3 ~ 2 ,ODO 2 1.000 ~ece 20,000 21l.OOO 115_57a 150,8 13 1~.84-0 Lin.ff Ab•tefflffit 7 5,000 78,000 e 1. 20 Soeurity 02.7~8 eo.154 02.500 EconomJC Dev em ~O 27,338 28.◄32 ti.~.arte!ing & Promofcri 57.3~0 23,e2g 24 ,574 C omrrusnC~tion 30.00•D 23.02g 24 ,57◄ Aud" 12.000 g,JeD Q,7 3< Ci:y Adm:in1 s:ni . e FM g,7◄3 10 ,540 10 ,Q3 1 City Ac!m inis:r~fv• A udi:t 2,758 2.eee 2 ,Q8 1 T ot.al Budget Ex.~n~ $ 578,017 527,013 552,060 CcntribuSon to Fund S AJ.mee T oul Ex~nses $ 579,017 $ 527,013 $ 552,060 Net Ch.ange, in Fund ~MIU s (70 ,7711 s $ (5 ,5221 Fund B.al.1nc~ S.ginning of Ye.u (Estinu:edYrs 2•5) 2~,.e◄-4 1~5.Ue es.see Es~tffi Fund B~~ End of Y1,ar e.s.ree 1115.eee I II0.3◄◄ Ru.«v• R •m.nt 87,853 ~2.028 '5.37Q Ov.r (Under) ResHv• s 78,013 s 73,138 U,965 "FY2023 AsH.ssment Rate• $.10 FYE 25126 FYE 2'127 $ 527 _g57 $549,075 38,887 3S.BB7 s 566,844 s 587,962 5 ,3 15 5 ,100 sn,,ss $ 593,062 $ 113,30G s , 11 .sg:i 21 ,000 21 .000 20,000 20,000 103 ,120 1eG,&45 M .3e5 87 ,7◄0 es.oe2 e7,!le4 211.5e9 30.7~ 25.557 2e,.57G 25.557 2e.57Q 10,123 10.5.28 11 ,337 11.15 g 3,100 3.22◄ $ 572,159 $ 593.062 572,159 $ 593,062 (5,3151 s (5,100) 1eo .3+4 155.0;lg 1e.5 ,02' 1 ◄Q.02Q w8 ,803 ge.8113 56,166 s 51 ,066 The total budgeted costs of the improvements and services for the Di strict for fiscal year 2022-2023 are $579,017.00. Of this amount, $469,352.00 will be funded by assessments collected on privately-owned parcels located in the District. Costs in the amount of$38,887.00 will be funded through City payment in-lieu of services which was appropriated from the general fund balance by City Council action on September 13, 2022 , and by this amendment. The remainder will be funded in the amount of $70,778.00 throu g h the use of available fund balance. Ordinance No. 261 13-04-2023 Page 3 of 3 City of Fort Worth, Texas Mayor and Council Communication DATE: 04/25/23 M&C FILE NUMBER: M&C 23-0312 LOG NAME: 17PID19 MIDYEARFY23 SUBJECT (CD 3 and CD 7 / Future CD 3 and CD 7) Adopt Ordinance Amending th e Fiscal Year 2022-2023 Adopted Budget and Five-Year Service Plan for Public Improvement District 19 -Historic Camp Bowie and Adopt Appropriation Ordinances RECOMMENDATION: It is recommended that the City Council : 1. Adopt the attached ordinance amending the Fiscal Year 2022-2023 Budget and Five-Year Service Plan for Public Improvement District 19- Historic Camp Bowie to reflect amendments associated with a mid-year review and direct the City Secretary to record the same in the real property records ofTarrant County, Texas no later than the seventh (?1h) day after adoption by the City Council ; 2. Adopt the attached appropriation ordinance adjusting appropriations in the General Fund by decreasing appropriations in the Non- Departmental Department in the amount of $21 ,096.00 and increasing appropriations in the Economic Development Department by the same amount, for the purpose of transfer to th e Fort Worth Public Improvement District 19 -Historic Camp Bowie Fund for funding Payment In-Lieu of Services ; and 3 . Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 19 -Historic Camp Bowie Fund 1) in the amount of $6,607 .00, in Fiscal Year 2022-2023 , from available , unreserved fund balance ; 2) in the amount of $21 ,096.00 , transferred from Economic Development Departments General Fund , for purpose of funding Payment In -Lieu of Services . DISCUSSION: The City of Fort Worth's Department of Economic Development administers the City's Public Improvement Districts (Pl Os). The City's PIO Policy outlines the need to proactively work with the City's PIO management companies to oversee the services being provided within each of the PIDs . PIO 19-Historic Camp Bowie (Historic Camp Bowie PIO) is managed by Camp Bowie District Inc., (CBDI). On September 13 , 2022 , City Council adopted Ordinance No. 25726-09-2022 , approving the fiscal year (FY) 2022-2023 Budget , Five-Year Service Plan , Assessment Plan , and Ta x Year 2022 Assessment Roll for the Historic Camp Bowie PIO . After conducting a mid-year review of the Historic Camp Bowie Pl D's budget, City staff and CBDI has identified the need to increase Historic Camp Bowie Pl D's (City of Fort Worth) allocations by $21 ,096.00 to account for additional payment in -lieu of services . Expenditure adjustments can be primarily attributable to increases in beautification for increased utitlities and maintenance , security patrols , and marketing and communication salaries . The City's Payment In-Lieu of Services is a supplement to the Historic Camp Bowie PIO budget and intended to provide for the standard level of improvements and services as comparable to what would be provided by the City for the taxpayers generally. Revenue Adjustments: Line Items to be Adjusted Previously Approved FY23 Budget Item Recommended Mid-Year Adjustment Amended FY23 Budget Item PIO Assessments $469 ,352 .001 $0. $469 ,352 .00 COFW Payment in lieu of Services Use of Fund Balance $17 ,791 .00 $21 ,096 .00 $38 ,887 .00 $64 ,171 .00 [Totals $551 ,314.00[ Expenditure Adjustments: Line Items to be Adjusted Previously Approved FY23 Budget Item $25 ,440.00 Previously• Approved FY23 Budget Item Amended FY23 Budget Item $1 ,910 .00 $27 ,350.00 Maintenance Security Economic Development Marketing & Promotion Commun ication Is $24,214 .00 $57 ,840.00 $47 ,440.00 $368,349.00 $4 ,918 .00 $62 ,758 .00 ($13 ,090.00) $34 ,350.00 $11,910 . $57 ,350 .00 $5 ,000.00 $30 ,000. $3 ,000.00 $12 ,000 . $27,703.00 $396 ,052. All other previously approved line items not mentioned above re main the same . Upon approval of the above recommendations , the total budgeted expenses for FY 2022-2023 will be $579 ,017.00 . Th is mid-y ear budget adjustm e nt will decrease the unaudited , unassigned fund balance by a total of $6 ,607 .00 . The revised Budget and Five-Year Service Plan will take effect upon approval by City Council. The City and CBDI w ill amend the existing management contract to reflect the mid-year adjustments (City Secretary Contract No. 58434). Funding is available for appropriation in the fund balance of the FWPID#19 -Historic Camp Bowie Fund . The beginning balance is $236 ,664 .36 , afte r th is M&C , available balance will be $230 ,057 .36 . The Historic Camp Bowie PIO is located in COUNCIL DISTRICTS 3 & 7 / FUTURE COUNCIL DISTR ICTS 3 & 7 . A Form 1295 is not required because : This M&C does not request approval of a contract w ith a busin ess entity. FISCAL INFORMATION/ CERTIFICATION: The Director of Finance certifies that upon approval of the recommendations and adoption of the attached appropriation ordinances , funds will be available in the current operating budget , as appropriated , in the FWPID #19 -Hist Camp Bowie Fund . Prior to any expend iture 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