Loading...
HomeMy WebLinkAboutOrdinance 26432-09-2023 ORDINANCE NO. 26432-09-2023 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT 12—CHAPEL HILL FUND IN THE AMOUNT OF $373,983.00, FROM AVAILABLE FUND; 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 2023-2024 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fort Worth Public Improvement District 12—Chapel Hill Fund by in the amount of$373,983.00 from available fund. 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, 2023, and ending September 30, 2024, 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 27,202313:55 PDT) Assistant City Attorney Jannette S. Goodall City Secretary ADOPTED AND EFFECTIVE: September 12,2023 p A A�F�Rr�a� p0000 a Oo Cho° a�10 0�Q o°=� p�v*oQ o00* r �aa4.4EX A5 City of Fort Worth, Texas Mayor and Council Communication DATE: 09/12/23 M&C FILE NUMBER: M&C 23-0718 LOG NAME: 17ED PID12FY24 SUBJECT (CD 7)Conduct Public Benefit Hearing for Fort Worth Public Improvement District 12-Chapel Hill;Adopt the Ordinance(1)Approving and Adopting the Fiscal Year 2023-2024 Budget, Five-Year Service Plan,Assessment Plan, and Tax Year 2023 Assessment Roll,and(2) Levying Special Assessments for the 2023 Tax Year at a Rate of$0.18 Per Each$100.00 of Property Value;Authorize Execution of Agreement with FirstService Residential Texas PID, LLC,in the Amount of$15,072.00 to Manage the Public Improvement District;and Adopt 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 the property located in Fort Worth Public Improvement District 12-Chapel Hill for the 2023 tax year; 2. Adopt the attached ordinance(1)approving and adopting the fiscal year 2023-2024 budget in the amount of$373,983.00,five-year service plan,assessment plan,and tax year 2023 assessment roll(on file with the City Secretary)for the Chapel Hill Public Improvement District;and (2)levying special assessments on property located in the Chapel Hill Public Improvement District for the 2023 tax year at the rate of$0.18 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$15,072.00 to provide management of the improvements and services for the Chapel Hill Public Improvement District during Fiscal Year 2023-2024;and 5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 12-Chapel Hill Fund in the amount of$373,983.00 from available funds. DISCUSSION: On March 23,2004,the City Council adopted Resolution No.3060 establishing Fort Worth Public Improvement District 12-Chapel Hill(Chapel Hill PID). The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2023-2034 budget and five-year service plan for the Chapel Hill PID and the proposed assessments to be levied on each property in the Chapel Hill PID for the 2023 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 Chapel Hill PID and the costs thereof are as follows: Fiscal Year 2024 Budget Improvements Total Budgeted Costs Management Fee $15,072.00 Utilities $19,100.00 Landscaping $132,000.001 Common Area Maintenance j $71,640.00 Communications j $5,500.00 Capital Improvements $15,000.00 City Audit $3,000.00! City Administrative Fee $7,480.00' Contribution to Fund Balance $105,191.00 Total Expense ^� $373,983.06 The total budgeted costs of the improvements are in the amount of$373,983.00. The entire amount will be funded by assessments collected on privately owned parcels located in the Chapel Hill PID by applying a rate of$0.18 per each$100.00 of property value.This is the same assessment rate as last year. On August 22,2023,the City Council conducted a public hearing to receive comments on the proposed 2023-2024 Fiscal Year budget,five-year service plan,and 2023 Assessments for the Chapel Hill PID. Notice of the August 22,2023 benefit hearing and this hearing were published in the Fort Worth Star-Telegram and mailed to all owners of property on record in the Chapel Hill PID on August 10,2023, in accordance with state law. Funding will be budgeted within the FWPID#12-Chapel Hill Fund for Fiscal Year 2024. The Chapel Hill PID is located in COUNCIL DISTRICT 7. FISCAL INFORMATION I 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#12-Chapel Hill 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 Lacey Ruiz 2608