Loading...
HomeMy WebLinkAboutOrdinance 20917-09-2013 Ordinance No. 20917-09-2013 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF $2,000.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING ASSESSMENTS, FOR THE PURPOSE OF ADMINISTRATIVE FEES FOR THE PUBLIC IMPROVEMENT DISTRICT 11 DURING FISCAL YEAR 2013-2014; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING J-HIS 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 2013-2014 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Special Trust Fund in the amount of$2,000.00, from available funds, contingent upon the adoption of the ordinance levying assessments, for the purpose of administrative fees for the Public Improvement District 11 during Fiscal Year 2013-2014. 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, 2013, and ending September 30, 2014, 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: Assistant City kt-tomey— C' Ucretary ADOPTED AND EFFECTIVE: September 10,2013 City of Fort Worth FIVE YEAR SERVICE PLAN Public Improvement District No.11 -Stockyards FY13114 FY14/15 FYI 5116 FY16/17 FY17/18 REVENUES Assessment Revenues $ 67,471 $ 67,471 $ 67,471 $ 67,471 $ 67,471 Prior Year Assessments $ 15,000 $ 15,052 $ 15,104 $ 15,156 $ 15,208 Total City Revenue $ 82,471 $ 82,523 $ 82,575 $ 82,627 $ 82,679 Web Site Advertising $ 7,200 $ 7,200 $ 7,200 $ 7,200 $ 7,200 Total Revenues $ 89,671 $ 89,723 $ 89,775 $ 89,827 $ 89,879 EXPENSES Management Fee $ 13,494 $ 13,494 $ 13,494 13,494 $ 13,494 Insurance $ 425 $ 425 $ 425 $ 425 $ 425 Trash Removal(all other Maintenance) $ 10,200 $ 10,200 $ 10,200 $ 10,200 $ 10,200 Website&Other Marketing $ 38,500 $ 38,500 $ 38,500 $ 38,500 $ 38,500 Public Events $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 City Administration $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 Budget Expenses $ 74,619 $ 74,619 $ 74,619 $ 74,619 $ 74,619 Estimated Operating Reserve $ 15,052 $ 15,104 $ 15,156 $ 15,208 $ 15,260 Total Expenses $89,671 $89,723 $89,775 $89,827 $89,879 IU p''0 Ak fit% "m.,♦ p' �„ ee '" t r p ,'w r "rrwl 1�A w� n �I • �; �,- i �r ,„,� .w 'sue"w�'� �y amA • �" *m^�1' II 1 '(M�.Po d1�1N4,.,�.i"u � mf,N f;,rt ��- � I�"r ��I'��''�a .... / a � a +c �`Vw ,.�" w A/�����r/��%%/ t'rl ! ',%'`o r �i / 6 wry-„ i h✓�w�. �� � w � 4w,",% Nyx° w , ISM j fit', � il,l � r /�''ri � �r ✓' rrw a�" r � i NM• a�Fwa. ,,�, c� "�,✓, r` arm"1"� � 1 l r;l f%% ✓ n , ,; , / r� � ' � I"�^ ,�� �w. u� m•�� �° �', r��l�J� �/%�ri�Y � � %�I'� g41H��10/,/� 'A ��� �fw '40 Ni ,� e� � ✓rte`"�` � � ," �_ �yy a i�� r �r�� �y��" a 'a�r� +» ��,� '�� �, �; F�� it �lY � �' p /� � �,"�,• ,�w r�r�,�i/ rt w� ,•.. r�$^"". 75 + , f ' "7•'" .. g` R"�r. .sry �� �`.+,y ^"��" � ,��� �`""^" Vim` ✓ � j6Y w"'a" W � ,, / �' , � a 1 • City of Fort Worth, Texas Mayor and Council Communication "mil,uu�NNUNNMWWW!Wt�"W'4tiYAiJYIN4iUS11MNX MOM rtafgMm@OW P4 uMOdvAUSM' ....inn re rid nW!+v Arrnl hv6rv1Yma5 rvroN'aMIWOmnavoaw,uma Irv'NVM'M'mWMl mpu W'N'A'Md NIP uuuNUODUWON wNI!IOW.WlWW11NpWfo80WWNNWP'JIM�WPIOWNWOPWMIiIW01F101ifitlM64pNIMWOWORMW�WYVWPMWIIIMIIdIIUMIN9MMWNWIVVOWNUNNX91m101NWi!WIONNOOIfM1010101010!W➢IONImPpp101 qOUN,CIL ,AC.TION*o Approved on 9/1.0/204 � Ordinance,No%,20915=09�2013� 2091s�©t��, 2043, 209*7-09i-2013: enmuw:wwiwow.w¢w,w,uiwretimmwwuwuumuwanmmmwumammsmmiouumon�uuw�wu!.wuauwvuawiimmiwuummmmoiow,aouwmlmummNru'mwumoimu,iNw;w,mminwmtiudmm�n<rvnl,utimlui viawrtaysmiow rnmuxuwwlwnmvum;"auavesawrm naaounuu�ammwaou wmm«onmm wrt...0 rvmmnaoo w',u x......umrcn� om mu uoomoun<uwmmmwmiwwulwi rrvorr, w DATE: Tuesday, September 10, 2013 REFERENCE NO.: BH-304 LOG NAME: 17PID11 FY14PBH SUBJECT: Conduct a Public Benefit Hearing for Public Improvement District 11, Stockyards PID, Concerning the Proposed 2013-2014 Budget in the Amount of$89,671.00 and Five-Year Service Plan and Proposed Assessment Roll, Adopt Ordinance Levying Special Assessments for the 2013 Tax Year in the Amount of $67,471.00, Adopt Appropriation Ordinances to Increase Estimated Receipts in the Special Assessment District Fund in the Amount of$67,471.00 and Special Trust Fund in the Amount of$2,000.00 for Fiscal Year 2013-2014 and Authorize Execution of an Agreement with the Fort Worth Stockyards Preservation Foundation, Inc,, to Manage the District(COUNCIL DISTRICT 2) RECOMMENDATION: It is recommended that the City Council: 1. Conduct a public benefit hearing concerning the proposed special assessments on the property located in Public Improvement District 11, the Stockyards Public Improvement District for the 2013 tax year; 2. Approve the attached Stockyards Public Improvement District budget and Five-Year Service Plan for Fiscal Year 2013-2014; 3. Adopt the attached ordinance levying special assessments on the property located in the Stockyards Public Improvement District subject to assessment for the 2013 tax year; 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Public Improvement District 11 Fiscal Year 2013-2014 Project Account of the Special Assessment District Fund in the amount of$67,471.00 from available funds; 5. Authorize a transfer in the amount of $2,000.00 for administrative fees from the Special Assessment District Fund, Public Improvement District 11 Fiscal Year 2013-2014 Project Account to the Special Trust Fund contingent upon the adoption of the proposed 2013 assessment roll; 6. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Trust Fund in the amount of$2,000.00 from available funds; and 7. Authorize the execution of an Agreement with the Fort Worth Stockyards Preservation Foundation, Inc., to provide management and improvement services for the Stockyards Public Improvement District during Fiscal Year 2013-2014 for the sum in the amount of$13,494.00. DISCUSSION: On January 28, 2003, the City Council adopted Resolution No. 2925 establishing Fort Worth Public Logname: 17PID11FY14PBH Pagel of3 Improvement District 11 (Stockyards PID). The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2013-2014 proposed assessments to be levied on each property in the Stockyards PID to adopt an ordinance levying the proposed assessments and to adopt an appropriation ordinance allocating estimated receipts to the PID's fund. On August 20, 2013, (M&C BH-296) the City Council conducted a public hearing to receive comments on the proposed Fiscal Year 2013-2014 budget and Five-Year Service Plan for the PID. Notice of this benefit hearing was published in the newspaper and mailed to all record owners of property in the Stockyards PID in accordance with state law. The improvements and services to be provided in the PID during the 2013-2014 Fiscal Year and the costs thereof are as follows: Total Budgeted Improvements i Costs Mana ement Fee $13,494 g 00 ;Insurance $ 425.00 Trash Removal (All Other Maintenance) $10,200.001 #ebsite and Other Marketing $38,500.00 .. _ .. (Public Events $10,000.00 City Administration $ 2,000,00i .... Budget Expenses $74,619.00 jEstimated Operating Reserve ! $15,052.00 ._ (Total Expenses $89,671.00 The total budgeted costs of the improvements and services are in the amount of $89,671.00. Of this amount, $67,471.00 will be funded by assessments collected on privately owned parcels located in the district by applying a rate of$0.12 cents to each $100.00 of property value for commercial property. The remainder of the costs in the amount of $22,200.00 will be funded by other revenue including: the amount of $7,200.00 from web site advertising and the amount of $15,000.00 from prior year's assessments carried forward to Fiscal Year 2013-2014. The Stockyards PID is located in COUNCIL DISTRICT 2. FISCAL INFORMATION /CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations and the adoption of the Fiscal Year 2013-2014 budget by the City Council to include the above recommended item(s), funds will be available in the Fiscal Year 2014 operating budgets, as appropriated, of the Special Assessment District Fund and the Special Trust Fund. FUND CENTERS: TO Fu nd/Accou nt/C enters FROM Fund/Account/Centers 5)6) FE72 481306 017587001000 $2,000.00 5)GS87 539120 002511003000 $2,000.00 Logname: 17PID11FY14PBH Page 2 of 3 6) FE72 511010 017587001000 $2,000.00 7) GS87 539120 002511003000 $13,494.00 4)GS87 488342 002511003000 $67,471.00 4)GS87 539120 002511003000 $67,471.00 CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Cynthia Garcia (8187) Ossana Hermosilo (6203) Additional Information Contact: Robert Sturns (8003) Logname: 17PID 11 FY 1,4PBH Page 3 of 3