Loading...
HomeMy WebLinkAboutOrdinance 26438-092023 ORDINANCE NO.26438-09-2023 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT 19—HISTORIC CAMP BOWIE FUND IN THE TOTAL AMOUNT OF $579,381.00, 1) INCREASING BY $515,464.00 FROM AVAILABLE FUND; 2) INCREASING BY $63,917.00 FROM AVAILABLE UNRESERVED FUND BALANCE; 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 19—Historic Camp Bowie Fund by in the total amount of$579,381.00, 1) increasing by $515,464.00 from available fund; 2) increasing by $63,917.00 from available unreserved fund balance 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: A CITY SECRETARY Nico Ariaep2313:57 PDT) ci. Assistant City Attorney Jannette S. Goodall ,d�4 FORTn�o a F °°°OO° a City Secretary ��0°0° °o°�O�P dmoo 0♦� dvo o=r r ADOPTED AND EFFECTIVE: September 12,2023 ��� °0000000000.00 �. City of Fort Worth, Texas Mayor and Council Communication DATE: 09/12/23 MSC FILE NUMBER: M&C 23-0721 LOG NAME: 17ED PID19FY24 SUBJECT (CD 3 and CD 7)Conduct Public Benefit Hearing for Fort Worth Public Improvement District 19-Historic Camp Bowie,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$0.10 Per Each$100.00 of Property Value for Commercial Property;Authorize Execution of an Agreement with Camp Bowie District, Inc., in the Amount of$96,072.00 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 19-Historic Camp Bowie for the 2023 tax year; 2. Adopt the attached ordinance(1)approving and adopting the fiscal year 2023-2024 budget in the amount of$579,381.00,five-year service plan,assessment plan,and tax year 2023 assessment roll(on file with the City Secretary)for the Camp Bowie Public Improvement District; and (2)levying special assessments on the commercial property located in the Camp Bowie Public Improvement District for the 2023 tax year at the rate of$0.10 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 Camp Bowie District, Inc., in the amount of$96,072.00 to provide management of the improvements and services for the Camp Bowie 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 19-Historic Camp Bowie Fund in the amount of$579,381.00,of which (1)$515,464.00 is from available funds and(2)$63,917.00 is from available unreserved fund balance. DISCUSSION: On August 14,2018,the City Council adopted Resolution No.4966-08-2018,establishing the Fort Worth Public Improvement District 19-Historic Camp Bowie(Camp Bowie PID). The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2023-2024 budget and five-year service plan for the Camp Bowie PID and the proposed assessments to be levied on each property in the Camp Bowie 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 Camp Bowie PID during the Fiscal Year 2023-2024 and the costs thereof are as follows: Fiscal Year 2024 Budget Improvements Total Budgeted Cost Management Fee $96,072.00 Beautification Admin $25,000.00: Beautification Utilities $38,000.0Q Beautification Maintenance $115,000.001 Litter Abatement_ $65,000.001 : Security $70,000.00, Economic Development $60,000.00 Marketing&Promotion $55,000.001 Communication $30,000.00 Audit $12,000.00 City Administrative Audit $3,000.00! City Administrative Fee $10,309.00 (Total Expenses j $579,381.001 The total budgeted costs of the improvements and services are in the amount of$579,381.00.Of this amount, $497,673.00,will be funded by assessments collected on privately owned parcels located in the Camp Bowie PID by applying a rate of$0.10 per each$100.00 of property value for commercial property.The remainder of the costs in the amount of$81,708.00 will be funded by other revenue sources including: (a)$17,791.00 in direct payments from the City for Payment In-Lieu of Services,and(b)$63,917.00 transferred from the unaudited, unassigned fund balance.The 2023 assessment rate is the same as the prior 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 Camp Bowie 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 Camp Bowie PID on August 10,2023, in accordance with state law. Funding will be budgeted within the FWPID#19—Hist Camp Bowie Fund for Fiscal Year 2024. The Camp Bowie PID is located in COUNCIL DISTRICTS 3&7. FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and the adoption of the Fiscal Year 2023-2024 Budget by the City Council,funds will be available in the Fiscal Year 2024 operating budget, as appropriated,in the FWPID#19-Hist Camp Bowie 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-W. William Johnson 5806 Originating Business Unit Head: Robert Sturns 2663 Additional Information Contact: Crystal Hinojosa 7808 Lacey Ruiz 2608