HomeMy WebLinkAboutOrdinance 27647-05-2025Ordinance No. 27647-05-2025
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE FORT WORTH PUBLIC IMPROVEMENT
DISTRICT 18 - TOURISM FUND IN THE AMOUNT OF $350,000.00, FROM
AVAILABLE, UNRESERVED FUND BALANCE, FOR THE PURPOSE OF
FUNDING MID -YEAR BUDGET ADJUSTMENTS; 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 2024-2025 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fort
Worth Public Improvement District 18 - Tourism Fund in the amount of $350,000.00, from available,
unreserved fund balance, for the purpose of funding mid -year budget adjustments.
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 j urisdiction, 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said prior ordinances and appropriations are hereby expressly repealed.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:
LA,-W&tue-C. caw4ler
Assistant City Attorney
ADOPTED AND EFFECTIVE: May 13, 2025
CITY SECRETARY
Jannette S. Goodall
City Secretary
REVENUES
City of Fort worth
Three Year Service Plan
Public Improvement District No. 18 - Tourism - MidYear Update
PID Assessments
Use of Fund Balance
Total Funds Available for Use
EXPENSES
Incentives & Sales Efforts
Marketing and Research (Promotion/ Advertising)
Site Visits & Familiarization Tours
Cultural Enhancements through Marketing and
promotion of the Arts
Operations & Administration
City Administrative Fee
Total Budgeted Expenses
FY24126
FY25/26
FY26127
$
7,750,000
$
8,060,000
$
8,380,000
$
$
$
7,750,000
8,060,000
8,380,000
$
3,962,925
$
4,122,575
$
4,287,375
2,693,250
2,801,750
2,913,750
153,900
160,100
166,500
577,125
600,375
624,375
307,800
320,200
333,000
55,000
55,000
55,000
$
7,750,000
$
8,060,000
$
8,380,000
Tourism PID Hotels
Updated as of 4/2212024
Account Name
Address
City, State, Zip
RMS
AC Hotel Fort Worth - Downtown
610 Main St
Fort Worth, TX 76102
252
Aloft Downtown Fort Worth
300 Throckmorton
Fort Worth, TX 76102
180
American Airlines Training and Conference Center
4500 American Blvd.
Fort Worth, TX 76155
299
Autograph Collection Downtown Fort Worth
512 Main St.
Fort Worth, TX 76102
165
Avid Hotel
320 Samuels Ave.
Fort Worth, TX 76102
104
Bowie House
3700 Camp Bowie Blvd.
Fort Worth, TX 76107
106
Budget Suites of America - Fossil Creek
3500 NE Loop 820
Fort Worth, TX 76137
366
Candlewood Suites - DFW South
4200 Reggis Drive
Fort Worth, TX 76155
174
Courtyard by Marriott - Alliance
3001 Amador Dr.
Fort Worth, TX 76244
127
Courtyard by Marriott - Blackstone
609 Main Street
Fort Worth, TX 76102
203
Courtyard by Marriott - Stockyards
2537 Main St.
Fort Worth, TX 76164
124
Courtyard by Marriott- University Drive
3150 Riverfront
Fort Worth, TX 76107
130
Courtyard by Marriott - West at Cilyview
6400 Overton Ridge Boulevard
Fort Worth, TX 76132
104
Dalworth Inn
812 E. Felix Street
Fort Worth, TX 76115
120
DFW Airport Marriott South
4151 Centreport Boulevard
Fort Worth, TX 76155
295
DFW Marriott Hotel and Golf Club at Champions Circle
3300 Championship Pkwy
Fort Worth, TX 76177
286
Embassy Suites Hotel - Downtown Fort Worth
600 Commerce Street
Fort Worth, TX 76102
156
Extended Stay America - City View
5065 Bryant Irvin Rd
Fort Worth, TX 76132
104
Fairfield Inn & Suites Downtown
1010 Houston
Fort Worth, TX 76102
110
Fairfield Inn & Suites Fossil Creek
3701 NE Loop 820
Fort Worth, TX 76137
106
Four Points by Sheraton Fort Worth
6828 North Freeway
Fort Worth, TX 76137
113
Hampton Inn and Suites - West11-30
2700 Green Oaks
Fort Worth, TX 76116
105
Hampton Inn and Suites - DFW South
4201 Reggis Court
Fort Worth, TX 76155
116
Hampton Inn and Suites Downtown Fort Worth
1001 Commerce St.
Fort Worth, TX 76102
245
Hilton Fort Worth
815 Main Street
Fort Worth, TX 76102
294
Hilton Garden Inn - Fort Worth Alliance Airport
2600 Westport Parkway
Fort Worth, TX 76177
127
Hilton Garden Inn - Medical Center
912 Northton Street
Fort Worth, TX 76104
157
Holiday Inn - DFW Airport South
14320 Centre Station -Road
Fort Worth, TX 76155
143
Holiday Inn Express - Downtown
1111 W Lancaster
Fort Worth, TX 76102
132
Holiday Inn North - Fossil Creek
4635 Gemini Place
Fort Worth, TX 76106
126
Home2 Suites by Hilton - Cultural District
3000 & 3012 W Lancaster Ave
Fort Worth, TX 76107
114
Homewood Suites - Fossil Creek
3701 Tanacross
Fort Worth, TX 76137
137
Homewood Suites - Medical Center
2200 Charlie Lane
Fort Worth, TX 76104
157
Hotel Drover, Autograph Collection
200 Mule Alley Drive
Fort Worth, TX 76164
200
Hyatt Place -Alliance Town Center
3201 Alliance Town Center
Fort Worth, TX 76177
130
Hyatt Place - Cityview
5900 Cityview Street
Fort Worth, TX 76132
127
Hyatt Place - Stockyards
132 E Exchange
FortWorth, TX 76164
100
Hyatt Place - TCU
2500 West Berry Street
Fort Worth, TX 76109
127
Kimplon Hotel
714 Main St
Fort Worth, TX 76102
232
La Quints Inn and Suites - Fort Worth North
2501 Polaris Dr
Fort Worth, TX 76137
133
La Quinta Inn and Suites - Southwest
6100 Overton Ridge
Fort Worth, TX 76132
128
" Le Meridien
811 Commerce Street
Fort Worth, TX 76102
188
Omni Fort Worth Hotel
1300 Houston
Fort Worth, TX 76102
614
Quality Inn and Suites - Cattle Baron
2700 S Cherry Lane
Fort Worth, TX 76116
109
Holiday Inn (Previously-Radisson -Fort Worth South Hotel)
100 Aita Mesa East
Fort Worth, TX 76134
247
Radisson Hotel - Fort Worth Fossil Creek
2540 Meacham Street
Fort Worth, TX 76106
247
Residence Inn -Alliance Airport
13400 North Freeway
Fort Worth, TX 76177
111
Residence Inn - Cultural District
2500 Museum Way
Fort Worth, TX 76107
150
Residence Inn - Waterside
5825 Arbodawn Drive
Fort Worth, TX 76109
119
Sandman Signature Hotel
810 Houston Street
Fort Worth, TX 76102
240
Sheraton Fort Worth Hotel and Spa
1601 Commerce Street
Fort Worth, TX 76102
429
Sonesta ES Suites - (Previously- Residence Inn -Fossil
Creek)
5801 Sandshell Drive
Fort Worth, TX 76137
114
Sonest Select (Previously Courtyard by Manlott- Fossil
Creek)
3751 NE Loop 820
Fort Worth, TX 76137
154
SpringHill Suites by Marriott - Stockyards
2315 N. Main St
Fort Worth, TX 76164
170
SpringHill Suites by Marriott - University
3250 Lovell Street
Fort Worth, TX 76107
145
TownePlace Suites Downtown
801 E Belknap
Fort Worth, TX 76102
140
TownePlace Suites University
3450 W Vickery
Fort Worth, TX 76107
128
WoodSpring Suites Fort Worth
3501 NE Loop 820
Fort Worth, TX 76137
121
Worthington Renaissance Hotel
200 Main Street
Fort Worth, TX 76102
504
Total # of Hotels: 59
* New Hotel Addition
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City of Fort Worth, Texas
Mayor and Council Communication
DATE: 05/13/25 M&C FILE NUMBER: M&C 25-0422
LOG NAME: 17PID18 MIDYEAR FY25
SUBJECT
(ALL) Conduct Public Benefit Hearing Concerning the Following Matters Related to Fort Worth Public Improvement District No. 18 -- Tourism:
(1) Expansion of the Tourism Public Improvement District to Include One Additional Hotel, (2) the Updated and Revised Fiscal Year 2024-
2025 Budget and Three -Year Service Plan, and (3) the 2024-2025 Assessment for the Additional Hotel Property; Adopt Resolution Authorizing
and Expanding the Tourism Public Improvement District to Include One Additional Hotel Property; Approve Attached Revised 2024-
2025 Assessment Roll; Adopt Ordinance Levying Special Assessments on the Additional Hotel Property for Fiscal Year 2024-2025; Adopt
Resolution Updating and Revising the Tourism Public Improvement District's Fiscal Year 2024-2025 Budget and Three -Year Service Plan; and
Adopt Appropriation Ordinance
(PUBLIC HEARING - a. Staff Available for Questions: Crystal Hinojosa; b. Public Comment; c. Council Action: Close Public Hearing and Act on
M&C)
RECOMMENUATION:
It is recommended that the City Council:
1. Conduct a Public Benefit Hearing Concerning the following matters related to Fort Worth Public Improvement District No. 18 — Tourism:
(1) Expansion of the Tourism Public Improvement District to include one additional hotel property, (2) the updated and revised Fiscal Year
2024-2025 Budget and Three -Year Service Plan, and (3) the 2024-2025 Assessment for the additional hotel;
2. Adopt the attached Resolution: (I) making certain findings concerning the nature and advisability of special improvements and services to be
provided for the benefit of the additional hotel to be included in the Tourism Public Improvement District, the estimated costs of such
improvements and services, the method of assessment, the boundaries of the Tourism Public Improvement District, and the apportionment of
costs between the Tourism Public Improvement District and the City, as a whole; and (ii) authorizing and expanding the Tourism Public
Improvement District to include one additional hotel property;
3. Direct City Staff to record a copy of the Assessment Ordinance in the real property records of the appropriate county no later than the
seventh (7th) day after adoption by the City Council;
4. Approve the attached revised 2024-2025 Assessment Roll;
5. Adopt the attached ordinance levying special assessments on the additional hotel property for Fiscal Year 2024-2025,
6. Adopt the attached resolution updating and revising the Tourism Public Improvement District's Fiscal Year 2024-2025 Budget and Three -
Year Service plan; and
7. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District
18 - Tourism Fund in the amount of $350,000.00, from available, unreserved fund balance, for the purpose of funding mid -year budget
adjustments.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to conduct a public hearing concerning the expansion of the Tourism Public
Improvement District (PID) to include one additional hotel property, the updated and revised Fiscal Year 2024-2025 budget and three-year service
plan, and the 2024-2025 assessment for the additional hotel, along with certain actions related thereto.
On August 29, 2017, the City Council adopted Resolution No. 4837-08-2017, establishing the Tourism PID (Establishing Resolution). The City
Council subsequently adopted Resolution Nos. 5264-08-2020 (August 18, 2020), 5382-04-2021 (April 13, 2021), Resolution No. 5467-09-
2021 (September 14, 2021), Resolution No. 5561-04-2022 (April 12, 2022), 5958-05-2024 (May 14,2024), and 5998-08 2024 (August 27, 2024)
expanding the boundaries of the Tourism PID to include additional hotel properties (Expansion Resolutions).
Expansion of the Tourism Plb
Boundaries and Petition:
The current boundaries of the Tourism PID consist of noncontiguous areas authorized under Section 372.0036 of the Texas Local Government
Code (Code) consisting solely of hotel properties with 100 or more rooms ordinarily used for sleeping within the City of Fort Worth. A list of
the hotels that are included within the boundaries of the Tourism PID is included in the Original and Expansion Resolutions and attached hereto.
Senate Bill (SB) 804, 87th Texas Legislature (2021), which went into effect on June 14, 2021, revised Section 372.0121 of the Code to clarify the
ability of cities to add new hotels into an existing Tourism PID. One of the new provisions affects the way in which the City calculates (or
recalculates) the percentage threshold for adding new hotels into the Tourism PID. SB 804 requires the City to update and recalculate each of the
percentage thresholds set forth below every time anew hotel property is added to the Tourism PID. Conversely, the prior version of Section
372.0121 only required the City to calculate the impact that the new hotel property had on the pre-existing thresholds. For example, under SD 804,
the City has to update and recalculate the appraised value of each and every existing property in the Tourism PID each time that a new hotel Is
added; whereas, under the prior legislation, the City simply carried forward the values of the existing hotel properties from the year the hotel
properties entered into the Tourism PID.
Section 372.0121, as revised, allows the City Council to include additional properties in the Tourism PID if (i) the property is a hotel and (ii) a
sufficient number of the record owners of the real property currently included and proposed to be included in the Tourism PID have consented to be
included in the Tourism PID by signing the original petition to establish the district or by signing a petition or written consent to include property in
the Tourism PID. The number of consenting record owners is sufficient if (1) the record owners own more than 60% of appraised value of taxable
real property liable for assessment in the Tourism PID; and either (1) constitute more than 60% of all record owners of taxable real property liable
for assessment in the Tourism PID, or (ii) own, in aggregate, more than 60% of the area of all taxable real property liable for assessment in the
Tourism PID. If the addition of the new properties results in these numbers dropping at or below the 60% threshold, then the properties may not be
added.
Inclusion of the Le Meddien Hotel, located at 811 Commerce Street, Fort Worth, Texas 76102, meets both of the above -stated elements, therefore
the hotel may be considered by the City Council for inclusion into the Tourism PID.
First, the Le Meridien is a hotel property
With regard to the second element, the City Council found that the previous two petitions (original and expanded) complied with Section 372.005
(b-1) of the Code because they had met the necessary percentages. The property owners, or their duly authorized representatives, for the new
hotel properly, have signed a petition requesting inclusion within the Tourism PID. This results in an increase to 81.79% of the appraised value of
taxable real property liable for assessment, 70.39% for the area of all taxable real property liable for assessment, and 67.80% of record owners
liable for assessment. Because the percentages are still above.the 60.00% threshold, the properties meet the second element.
Nature of the Improvements:
The goals of the Tourism PID focus an increasing the economic impact and enhancing competitiveness in conventions, meetings, leisure and
sports tourism, and increasing tourism -related economic activity at all times, including during economic downturns and as inventory grows. The
Tourism PID projects include incentives and sales efforts, convention and sports marketing and promotion, site visits and familiarization tours,
community arts grants, convention services, event funding applications, operations, research, and administration, all of which benefit the hotels
within the Tourism PID.
Method of Assessment and Apportionment of Costs:
The assessment rate will be an amount equal to 2.00% of the consideration received from the occupancy of any sleeping room furnished by a hotel
located within the Tourism PID, with such assessment to be collected in the same manner and in accordance with the same procedures as those
established for the collection of the City's Hotel Occupancy Tax, as set forth in Chapter 32, Article II of the City Code, as amended. The entire costs
of each improvement and service will be paid from the above -stated assessments and no City funds will be used to pay any portion of such costs
unless such funding is approved by the City Council on a case -by -case basis.
Estimated Costs of the Improvements and Services:
The total estimated costs for the proposed services and improvements for the life of the Tourism PID (approximately three years) will be
$24,190,000.00, which includes an estimated cost of $350,000.00 for the Fiscal Year 2024-2025 Mid -Year Budget Adjustment. The updated and
revised budget and three-year service plan is set forth in more detail below and attached. The final version will be subject to approval by the City
Council. The estimated costs of the proposed improvements and services to be provided in subsequent years will be subject to future annual
budget and service and assessment plans adopted by the City Council in accordance with the Code. The actual costs of improvements and
services will be determined in accordance with the approved budget and service plan to be adopted by City Council and will be paid from Tourism
PID assessments.
Advisability:
Staff recommends that the City Council find that these improvements and services are advisable because they will promote the interests of the City
and confer a special benefit on the assessed properties within the expanded boundary of the Tourism PID.
Staff recommendation:
The Petition has been examined, verified, and found by City staff to meet the requirements of the Code. Therefore, staff recommends that the City
Council find that the Petition to include the above -stated three hotel properties meets the requirements of the Code.
Tourism PID Mid -Year Adjustments
The Tourism PID is funded through a 2% assessment on the consideration received from occupancy of any sleeping room furnished by a hotel in
the Tourism PID. Due to the most recent forecast analysis, Tourism PID assessment revenue is now projected to be 4.73% or $350,000.00 more
than originally budgeted. The budgeted expenses show an increase in each category line item for the current fiscal year service plan (see table
below).
I
Revenue adjustments:
A
Y pproved
Recommended
Amended
=Lineltems].Previous!
FY25 Budget Item
Mid -Year
FY25 Budget
Adjustment
Item
AIDsessmenfs
$7,400,000.00
$350,000.00
$7,750,000.00
Totals
$7,400,000.00
$350,000.00]
$7,750,000.00
Expenditures adjustments:
Line Items
Recommended
Amended
to
Previously Approved
Mid -Year
FY25 Budget
be Adjusted
FY25 Budget Item
Adjustment
Item
nal dtivesEffos
$3,782,675.00
$180,250.00
F,9:62:,9:2:5.:0:0,
Marketing and
Research
(Promotion/
$2,570,750.00
$122,500.00
$2,693,25Q.00
Advertising)
Site Visits &
Familiarization
$146,900.00
$7,000.00
$153,900.00
Tours
Cultural
Enhancements
through
Marketing and
$550,875.00
$26,250.00
$577,125.00
promotion of
the Arts
Zerainionsion
$293,8D0.00
$14,000.00
$307,800.00
City
Administrative
$55,000.00
$0,00
$55,000.00
Fee
Totals
$7,400,000.00
$350,000.00
$7,750,000.00
Staff supports Fort Worth Tourism PID Corporation and Convention & Visitor Bureau's recommended mid -year budget adjustments. Upon
approval of the above recommendations, the total budgeted expenses for FY 2024-2025 will be $7,750,000.00. The revised Budget and three-
year service plan will take effect upon approval by City Council. The proposed changes to the Tourism PID's FY 2024-2025 budget complies with
the City's reserve requirements.
Funding is available for appropriation in the fund balance of the FWPID #18 - Tourism Fund. The beginning balance is $7,902,711,97, After this
M&C, the available balance will be $7,552,711.97.
The Tourism PID properties are located in ALL COUNCIL DISTRICTS.
A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION I CERTIFICATION:
The Director of Finance certifies that upon approval of the recommendations and adoption of the attached appropriation ordinance, funds will be
available in the current operating budget, as appropriated, in the FWP1D #18 -Tourism Fund. Priorto any expenditure being incurred,
the Economic Development Department has the responsibility to validate the availability of funds.
Submitted for City Manager's Office b : Jesica McEachem 5804
Originating Business Unit Head: Kevin Gunn 2015
Additional Information Contact: Crystal Hinojosa 7808