HomeMy WebLinkAboutOrdinance 27583-04-2025Ordinance No. 27583-04-2025
AN ORDINANCE REALLOCATING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE PARK & RECREATION DEPARTMENT OF THE
GENERAL FUND BY DECREASING APPROPRIATIONS IN THE GENERAL
OPERATING & MAINTENANCE CATEGORY IN THE AMOUNT OF $63,874.00,
AND INCREASING APPROPRIATIONS IN THE TRANSFERS & OTHER
CATEGORY BY THE SAME AMOUNT, FOR THE PURPOSE OF FUNDING THE
FORT WORTH PUBLIC IMPROVEMENT DISTRICT 6 — PARK GLEN FUND
FOR THE PAYMENT IN -LIEU OF SERVICES; 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 the budget of the City of Fort Worth for Fiscal Year 2024-2025, as enacted by Ordinance 27107-09-
2024, as amended, is hereby further amended to make the following reallocations to the Park & Recreation
Department of the General Fund by decreasing appropriations in the General Operating & Maintenance
category in the amount of $63,874.00, and increasing appropriations in the Transfers & Other category by the
same amount, for the purpose of funding the Fort Worth Public Improvement District 6 — Park Glen Fund for
the Payment In -Lieu of Services.
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 cumulative of Ordinance 27107-09-2024, 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said prior ordinances and appropriations are hereby expressly repealed.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
LgYry Collis -for 'k
Larry Cofer (Apr 30, 2025 15:19 CDT)
Jannette S. Goodall
Assistant City Attorney City Secretary
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ADOPTED AND EFFECTIVE: April 22, 2025 �� a o��1
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City of Fort Worth,
Mayor and
DATE: 04/22/25
Texas
Council Communication
LOG NAME: 17PID06 MIDYEAR FY25
SUBJECT
M&C FILE NUMBER: M&C 25-0366
(CD 4) Adopt Ordinance Amending Public Improvement District 6 - Park Glen Fiscal Year 2024-2025 Adopted Budget and Five -Year Service
Plan; Authorize the Execution of an Amendment to the Associated Management and Improvement Services Agreementwith FirstService
Residential Texas PID, LLC to Align with these Changes; and Adopt Appropriation Ordinances
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached ordinance amending Public Improvement District 6 -- Park Glen Fiscal Year 2024.2025 Budget and Five -Year Service
Plan to reflect amendments associated with a mid -year review; and direct the City Secretary to record the same in the real property records
of Tarrant County, Texas no later than the seventh (7th) day after adoption by the City Council; and
2. Authorize the execution of an amendment to the associated Management and Improvement Services Agreement with FirstService
Residential Texas PID, LLC (City Secretary Contract No. 62190) to align with these changes; and
3. Adopt the attached appropriation ordinance reallocating estimated receipts and appropriations in the Park & Recreation Department of the
General Fund by decreasing appropriations in the General Operating & Maintenance category in the amount of $63,874.00, and increasing
appropriations in the Transfers & Other category by the same amount, for the purpose of funding the FortWorth Public Improvement District
6 — Park Glen Fund for the Payment In -Lieu of Services; and
4. Adopt the attached appropriation ordinance reallocating estimated receipts and appropriations in the Public Improvement District 6 -- Park
Glen Fund 1) by increasing in the amount of $63,874.00, transferred from Park and Recreation Department, 2) decreasing the use of fund
balance in the amount of $43,209.00, and 3) increasing contribution to fund balance in the amount of $20,665.00, for the purpose of funding
Payment In -Lieu Services for the mid -year adjustment.
DISCUSSION:
The City of Fort Worth's Department of Economic Development administers the City's Public Improvement Districts (PIDs). The City's PID Policy
outlines the need to proactively work with the City's PID management companies to oversee the services being provided within each of the PIDs.
PID 6 -- Park Glen (Park Glen PID) is managed by FirstService Residential Texas PID, LLC (FirstService).
On September 17, 2024, City Council adopted Ordinance No. 27158-09-2024, approving the Fiscal Year (FY) 2024-2025 Budget, Five -Year
Service Plan, Assessment Plan, and Tax Year 2024 Assessment Roll for the Park Glen PID. After conducting a mid -year review of the Park
Glen PID's budget, City staff and FirstService has identified the need to increase Park Glen PID's (City of Fort Worth) allocations by $20,665.00 to
account for $63,874.00 additional payment in -lieu of services. The additional revenue increase will result in a reduction to the original use of fund
balance in the amount of $43,209.00. The primary factors driving expenditure adjustments include higher utility costs from newly added watering
areas, increased landscaping expenses for grading and erosion projects, and elevated electrical maintenance costs due to lighting upkeep and
repairs.
The City's Payment In -Lieu of Services is a supplement to the PID budget and intended to provide for the standard level of improvements and
services as comparable to what would be provided by the City for the taxpayers generally.
Revenue Adjustments:
Line Items to
previously
Recommended
Amended
be Adjusted
Approved FY25
Mid Year
FY25 Budget
Budget Item
Adjustment
Item
PID
Assessments
$2,320,056.00
$0.00
$2,320,056.00
COFW
Payment in lieu
$270,925.00
$63,874.00
$334,799.00
of Services
COFW
Assessment
$7,303.00
$0.00
$7,303.00
Use of Fund
Balance
$43,209.00
($43,209.00)
$0.00
Totals
1 $2,641,493.0011
$20,665.00
$2,662,158,00
Expenditure Adjustments:
Line Items
Previously
Approved
FY25 Budget
Item
Recommended
Mid Year
Adjustment
Amended
FY25 Budget
Item
Management Fee
$160,277.00
so.00l
77.00
Utilities
$202,000.0011
$10,000.0011
$212,000.00
Landscaping
$1,388,250.00
$85,000.00
$1,473,250.00
Common Area Maintenance
$200,000.00
$5,000.00
$205.000.00
Holiday Decoration
1 $53,000.0011
$0.0011
$53,000.00
Security Enhancements
$285,400.00
$0.001
00.00
Communications
1 $14,500.001
$0.001
$14,500.00
Public Events
$51,000.00
$0.001E
$61,000.00
Capital Improvements
Annual Review
$230,000.00JF7$(100,000.00)11
1 $5,100.001
$0.0011
$130,000.00
$5,100,00
City Administrative Fee
$51,966.00
$0.00
$51,966.00
Contribution to Fund Balance
$O.OQ
$20,665.00
$20,665.00
Totals
$2,641,493.00
$20,665.00
$2,fi62,158.00
Upon approval of the above recommendations, the total budgeted expenses for FY 2024-2025 will be $2,662,158.00. The revised Budget and
Five -Year Service Plan will take effect upon approval by City Council. The City and FirstServioe will update the existing contract to reflect the mid-
year adjustment (City Secretary Contract No. 62190).
The Park Glen PID is located in COUNCIL DISTRICT4.
A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION 1 CERTIFICATION -
The Director of Finance certifies that funds are currently available in the General Fund and upon approval of the above recommendations and
adoption of the attached appropriation ordinances, funds will be available in the FWPID #6 — Park Glen Fund. Prior to an expenditure being
incurred, the Economic Development Department has the responsibility of verifying the availability of funds.
Submitted
for City Manager's Office bye,
Jesica McEachem
5804
Originating
Business Unit Head:
Kevin Gunn
2015
Additional Information Contact:, Crystal Hinojosa 7808
Expedited