HomeMy WebLinkAboutOrdinance 26421-09-2023ORDINANCE NO. 26421-09-2023
AN ORDINANCE APPROVING AND ADOPTING THE FISCAL YEAR 2023-
2024 BUDGET, 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 2023-2024; 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 Resolution 5467-09-2021 to
further expand the PID to include one additional hotel;
WHEREAS, on April 26, 2022, the City Council adopted Resolution No. 5561-04-2022 to
further expand the PID to include one additional hotel;
WHEREAS, Section 372.013 of the Act, 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");
Ordinance No.
Page 1 of 11
WHEREAS, City Council must review the proposed fiscal year 2023-2024 Service Plan and
hold a public hearing to receive comments and pass on any objections to the Assessment Plan raised
by any owner of 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 2023-2024 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 2023-2024 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 II of the City Code;
WHEREAS, the Service and Assessment Plan were previously presented in public hearings
conducted by the City Council beginning at 10:00 a.m. on August 22, 2023 (M&C 23-0677) and at
6:00 p.m. on September 12, 2023 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:
Ordinance No. 26421-09-2023
Page 2 of 11
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.
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 2023-2024, effective
October 1, 2023, 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 No. 26421-09-2023
Page 3 of 11
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
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 S.
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
Ordinance No. 26421-09-2023
Page 4 of 11
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 (7th) day after the adopted date of this Ordinance.
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: ATTEST:
CtJa2?ac!
Tyler F. Wallach
Assistant City Attorney
Adopted and Effective: September 12, 2023
M&C: 23-0713
A-Pach,
Jannette S. Goodall
City Secretary .0o�4tinn
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Ordinance No. 26421-09-2023
Page 5 of 11
REVENUES
EXHIBIT "A"
SERVICE AND ASSESSMENT PLAN
PID Assessments
Total Funds Available for Use
EXPENSES
City of Fort Worth
Five Year Service Plan
Public Improvement District No. 18 - Tourism
Fiscal Year 23124 through 26127
FY23124 FY24125 FY25/26 FY26127
$ 7,000,000 $ 7,320,000 S $ 7,610,000 0 $ 7,880,000
$ 7,000,000 $ 7,320,000 $ 7,610,000 $ 7,880,000
Incentives & Sales Efforts $ 3,298,875 $ 3,450,875 $ 3,588,625 $ 3,716,875
Marketing and Research (Promotion/Advertising) 2,430,750 2,542,750 2,644,250 2,738,750
Site Visits & Familiarization Tours 347,250 363,250 377,750 391,250
Cultural Enhancements through Marketing
and promotion of the Arts 520,875 544,875 566,625 586,875
Operations &Administration 347,250 363,250 377,750 391,250
City Administrative Fee 55,000 55,000 55,000 55,000
Total Budgeted Expenses $ 7,000,000 $ 7,320,000 $ 7,610,000 $ 7,880,000
Cenlributien to Fund Balance - - - -
Total Expenses $ 7,000,000 $ 7,320,000 $ 7,610,000 $ 7,880,000
Net Change In Fund Balance $ - $ - $ - $ -
Fund Balance, Beginning of Year Estimated 7,562,206 7,562,206 7,562,206 7,562,206
Estimated Fund Balance, End of Year 7,562,206 7,562,206 7,562,206 7,562,206
Reserve Requirement 1,220,244 1,268,587 1,313,596 1,313,596
Over (Under) Reserve $ 6,341,962 $ 6,293,619 $ 6,248,610 $ 6,248,610
*The Tourism PID Service Plan only covers a period of four years because the Tourism PID
expires on or about September 30, 2027, so there is no established plan past the expiration of
the Tourism PID.
Ordinance No. 26421-09-2023
Page 6 of 11
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. 26421-09-2023
Page 7 of 11
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. 26421-09-2023
Page 8 of 11
EXHIBIT B
QUALIFYING HOTELS IN THE TOURISM PID
Tourism PID Hotels
Amended 8/22/2023
Account Name
Address
City, State, Zip
RMS
AC Hotel Fort Worth - Downtown
610 Main St
Fort Worth, TX 76102
252
Aloft Downtown Fort Worth
300 Throckmorton
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 Cr.
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 - Stodryards
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 atyview
6400 Overton Ridge Boulevard
Fort Worth, TX 76132
104
Dalworth Inn
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 aub at Champions arde
3300 Championship Pkwy
Fort Worth, TX 76177
286
Embassy Suites Hotel - Downtown Fort Worth
600 Commerce Street
Fort Worth, TX 76102
156
Extended Stay America - City View
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
Four Points by Sheraton Fort Worth
6828 North Freeway
Fort Worth, TX 76137
113
Hampton Inn and Suites - West/1-30
2700 Green Oaks
Fort Worth, TX 76116
105
Hampton Inn and Suites - DFW South
4201 Reggis Court
Fort Worth, TX 76155
116
Hampton Inn and Suites Downtown Fat Worth
1001 Commerce St.
Fort Worth, TX 76102
245
Hilton Fort Worth
815 Main Street
Fort Worth, TX 76102
294
Hilton Garden Inn - Fcrt Worth Alliance Airport
2600 Westport Parkway
Fort Worth, TX 76177
127
Hilton Garden Inn - Medical Center
912 Northton Street
Fort Worth, TX 76104
157
Ordinance No. 26421-09-2023
Page 9 of 11
Holiday Inn - DFW Airport South
14320 Centre Station Road
Fort Worth, TX 76155
143
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 Tanacross
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 - Cityview
5900 Cityview Street
Fort Worth, TX 76132
127
Hyatt Place - Stockyards
132E Exchange
FortWorth, TX 76164
100
Hyatt Place - TCU
2500 West Berry Street
Fort Worth, TX 76109
127
Kmpton Hotel
714 Main St
Fort Worth, TX 76102
232
La Qulnta Inn and Suites- Fort Worth North
2501 Polaris Dr
Fort Worth, TX 76137
133
La Quinta Inn and Suites- Southwest
6100 Overton Ridge
Fort Worth, TX 76132
128
Omni Fort Worth Hotel
1300 Houston
Fort Worth, TX 76102
614
Quality Inn and Suites- Cattle Baron
2700 S Cherry Lane
Fort Worth, TX 76116
109
Radisson - Fort Worth South Hotel
100 Alta Mesa East
Fort Worth, TX 76134
247
Radisson Hotel - Fort Worth Fossil Creek
2540 Meacham Street
Fort Worth, TX 76106
247
Residence Inn - Alliance Airport
13400 North Freeway
Fort Worth, TX 76177
111
Residence Inn - Cultural District
2500 Museum Way
Fort Worth, TX 76107
150
Residence Inn - Fossil Creek
5801 Sandshell Drive
Fort Worth, TX 76137
114
Residence Inn - Waterside
5825 Arboriawn Drive
Fort Worth, TX 76109
119
Sandman Signature Hotel
810 Houston Street
Fort Worth, TX 76102
240
Sheraton Fort Worth Hotel and Spa
1601 Commerce Street
Fort Worth, TX 76102
429
SpringHill Suites by Marriott - Stockyards
2315 N Main St
Fort Worth, TX 76164
170
SpringHill Suites by Marriott- University
3250 Lovell Street
Fort Worth, TX 76107
145
TownePlace Suites Downtown
801 E Belknap
Fort Worth, TX 76102
140
TownePlace Suites University
3450 W Vickery
Fort Worth, TX 76107
128
WoodSpring Suites Fort Worth
3501 NE Loop 820
Fort Worth, TX 76137
121
Ordinance No. 26421-09-2023
Page 10 of 11
Worthington Renaissance Hotel
200 Main Street
Fort Worth, TX 76102
504
Ordinance No. 26421-09-2023
Page 11 of 11
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 09/12/23
LOG NAME: 17ED PID18FY24
SUBJECT
M&C FILE NUMBER: M&C 23-0713
(ALL) Conduct Public Benefit Hearing for Fort Worth Public Improvement District No. 18 - Tourism; Adopt Ordinance (1) Approving and Adopting
the Fiscal Year 2023-2024 Budget, Service Plan, Assessment Plan, and Assessment Roll, and (2) Levying Special Assessments for Fiscal Year
2023-2024; and Adopt Attached Appropriation Ordinance
(PUBLIC HEARING - a. Report of City Staff: Lacey Ruiz; 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 Fort Worth Public Improvement
District 18 - Tourism for Fiscal Year 2023-2024;
2. Adopt the attached ordinance: (1) approving and adopting the Fiscal Year 2023-2024 budget in the amount of $7,000,000.00, 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 Fort Worth Public Improvement District 18 - Tourism (Service Assessment Plan and Assessment Ordinance);
3. Direct the City Secretary to record a copy of the Service and Assessment Plan 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 2023-2024 in the amount of $7,000,000.00, 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), September 14, 2021 (Resolution No. 5467-09-2021),
and April 4, 2022 (Resolution No. 5561-04-2022).
The purpose of this benefit hearing is to receive comments from the public regarding the fiscal year 2023-2024 budget and service plan for the
Tourism PID and the proposed assessments to be levied on each property in the Tourism PID for the 2023-2024 fiscal year. Following the public
hearing, it is recommended that the City Council: adopt the attached ordinances (1) approving and adopting the budget, service plan, assessment
plan, and assessment roll; (2) levying the proposed assessments; and (3) appropriating funds. The service plan only covers a period of four
years because the Tourism PID expires on or about September 30, 2027, so there is no established service plan past the expiration of
the Tourism PID.
The improvements and services to be provided in the Tourism PID during Fiscal Year 2024 and the associated costs thereof are as follows:
Fiscal Year 2024 Budget
Improvements
Total Budgeted
Costs
Incentive & Sales Efforts
$3,298,875.00
Marketing and Research (Promotion/Advertising)
$2,430,750.00
Site Visits & Familiarization Tours
$347,250.00
Cultural Enhancements through Marketing and
promotion of the Arts
$520,875.00
Operations & Administration
$347,250.00
City Administrative Fee
$55,000.00
Total Expenses
$7,000,000.00
The total budgeted costs of the improvements and services are $7,000,000.00, 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. Note: The Quality Inn at 2000 Beach Street was removed from the list of qualifying
hotels because it no longer has 100 or more hotel rooms.
On August 22, 2023, the City Council conducted a public hearing to receive comments on the proposed Fiscal Year 2023-2024 budget, four-year
service plan, and 2023 assessments for the Tourism PID (Mayor & Council Communication 17ED PID18FY24BENEFIT). Notice of the August 22,
2023, benefit hearing and this hearing were published in the Fort Worth Star -Telegram on August 10, 2023, and mailed to all hotel owners on
record in the Tourism PID on August 10, 2023, in accordance with state law.
In Fiscal Year 2018, the City entered into a contract with the Fort Worth Tourism Public Improvement District Corporation (FWTPIDC) and the Fort
Worth Convention and Vistors Bureau (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 2023-
2024.
Funding will be budgeted within the FWPID #18 - Tourism Fund for Fiscal Year 2024.
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 2024 Budget by the City
Council, funds will be available in the Fiscal Year 2024 operating budget, as appropriated, in the FWPID #18 - Tourism 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:
Additional Information Contact:
Robert Sturns 2663
Crystal Hinojosa 7808
Lacey Ruiz 2608