HomeMy WebLinkAboutIR 7306 INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 7306
To the Mayor and Members of the City Council July 18, 1988
Subject: Documents and Information Concerning JUL
Proposed Fort Worth Improvement District No. 2
On July 12, 1988, the City Council adopted M&C G-7639 regarding the proposed Fort
Worth Improvement District No. 2. Paragraph 3 of the M&C directed the City Manager to
file certain documents and information with the City Secretary as provided in the
Public Improvement District Assessment Act (V.T.C.A. , Local Government Code
Section 372.001 et seq.) .
On July 12, 1988, a "Petition Requesting Establishment of Public Improvement District
To Be Known as Fort Worth Public Improvement District No. 2" was filed with the City
Secretary. The following information required to be filed pursuant to M&C G-7639 is
contained in the petition:
a) statement of general nature of proposed improvements and/or services--
paragraph 3 of petition (pages 1, 2);
b) preliminary estimate of costs of improvements and services--paragraph 4
of petition (page 2);
c) map showing boundaries of proposed district and property to be
assessed--paragraph 5 and Exhibits B-1 and B-2 of petition (page 2) ;
d) proposed method of assessment--paragraph 6 of petition (pages 2, 3); and
e) proposed apportionment of costs between the improvement district and
city as a whole--paragraphs 3 and 12 of petition (pages 2, 6 ) .
The boundaries and ownership of property to be assessed are shown in a report from
Hughes and Luce, dated July 8, 1988, which is also' on, file with the City Secretary.
The probable maximum benefit to be conferred on each tract of property in the dis-
trict because of the improvements and/or services will be greater than the amount of
the assessment against such tract and the owners thereof.
The original of this informal report was filed with the City Secretary of the City on
July 18, 1988.
Please contact me if further information is desired .
Doug HaWrmadn���
City Manager
'- ISSUED BY THE CITY MANAGER - FORT WORTH, TEXAS