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Home My WebLink AboutOrdinance 28001-09-2025Ordinance No. 1. AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FORT PUBLIC FORT WORTH PUBLIC IMPROVEMENT 21 -LAS VEGAS TRAIL FUND IN THE AMOUNT OF $375,231.00,OF WHICH (1)$374,402.00 IS FROM AVAILABLE FUNDS AND (2)$829.00 IS FROM AVAILABLE UNRESERVED FUND BALANCE,FOR THE PURPOSE OF FUNDING PUBLIC IMPROVEMENT DISTRICT 21 –LAS VEGAS TRIAL FUND FY 2025-26 BUDGET;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 Public 21 - Las Vegas Trail Fund in the amount of $375,231.00, of which (1) $374,402.00 is from available funds and (2) $829.00 is from available unreserved fund balance for the purpose of funding Public Improvement District 21 Las Vegas Trail Fund FY 2025-26 budget. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance 27107-09-2024 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: ___________________________________ Assistant City Attorney CITY SECRETARY _________________________ Jannette S. Goodall City Secretary ADOPTED AND EFFECTIVE: City of Fort Woth Five Year Service PlanFY 25/26FY 26/27FY 27/28FY 28/29FY 29/30REVENUESPID Assessments374,402$ 393,122$ 393,122$ 412,778$ 412,778$ COFW Payment in lieu of Services- - - - - COFW Assessment- - - - - Total Budgeted Revenues374,402$ 393,122$ 393,122$ 412,778$ 412,778$ Use of Fund Balance829$ -$ 1,099$ -$ 3,037$ Total Revenues375,231$ 393,122$ 394,221$ 412,778$ 415,815$ EXPENSESManagement Fee30,444$ 31,357$ 32,298$ 33,267$ 34,265$ Communications2,500 2,550 2,601 2,653 2,706 Community Center Operations93,133 95,927 98,805 101,769 104,822 Community Enhancement32,666 33,646 34,655 35,695 36,766 Public Safety206,000 214,500 215,000 223,600 226,000 Annual Review3,000 3,000 3,000 3,000 3,000 City Administrative Fee7,488 7,862 7,862 8,256 8,256 Total Budgeted Expenses375,231$ 388,842$ 394,221$ 408,240$ 415,815$ Contribution to Fund Balance-$ 4,280$ -$ 4,538$ -$ Total Expense375,231$ 393,122$ 394,221$ 412,778$ 415,815$ Net Change in Fund Balance(829)$ 4,280$ (1,099)$ 4,538$ (3,037)$ Estimated Fund Balance, Beginning of Year65,784$ 64,955$ 69,235$ 68,135$ 72,674$ Estimated Fund Balance, End of Year64,955$ 69,235$ 68,135$ 72,674$ 69,637$ Reserve Requirement64,820 65,717 68,054 69,316 69,316 Over (Under) Reserve135$ 3,518$ 82$ 3,357$ 321$ *FY2026 Assessment Rate = $0.10Public Improvement District No. 21 - Las Vegas Trails City of Fort Woth Budget Narrative Public Improvement District No. 21 - Las Vegas Trails Management Fee salary and benefits, accounting and administrative support, and office rent. Communications Funds city-required mailings, community newsletters, and additional outreach materials to keep residents informed and engaged. Community Center Operations Covers staffing and operational costs for the LVTRise Community Center, supporting its day-to- day functions and services for residents. Community Enhancement This budget supports regular trash pickup and garbage can removal throughout the community. Upspire performs and welcoming environment. Public Safety This line item funds off-duty patrols to supplement the Fort Worth Police Department. With the current budget, approximately 2,875 additional patrols can be provided throughout the community to enhance safety and visibility. Annual Review City line item for Taxes/Annual review and annual internal audit. City Administrative Fee �, � � White �i.. �, � ' �t�� Seff/emenf `� ,� '�^ "' � } -�� i� � `�'� ''^`, � �+ '�� ,�-,i1 S � �' � � � . — ,,� � � .:�, � .��. � y: ,"%`' � � ', �._ ��.,F., � .1�Z+-,.,r �•► �"�r��; ► �.�+1 \. ✓ �; _.. . "_ . ._.Y',�J� � � _ r� �}i` .. - �._._.-- \`\ ' . . . . � ��_��—_��_��_—___- 30 w - — --, q n _� ,, � � Thorny G Ridge r" � �ti'E . _. ~ . � - � � D . ,� � '�.,-� . � �_. � rr�S a � �R-� � '�y � � 2�9� F � 'n� �� Tim a � T Watson ..�: `'�� M '� � � . .. ._ + �' '- . . � . �__.— ��` � ^ _'I.n i .� � � 1 1., • 1 `~*�� — 80 CAMP BOW1E WEST _ � � ' � '� �.,�, " �-------- I �i _ -� ��'.h;,,,1-� i --------I O _ � � � � ' / W � I Z"'T � z � i ! � � i g � � I i � g }� ��i Westem '.� t::: � l 4�q:aR"'1�7�6�'�'-��y ��__ Hills s�t' er+ ,�':� � � V.� ^1 � � `�---� i / I ' �� I � ` � � ------------------- �_GkiLLP_L�l_ Benbrook �--- -- E FORT WORTH PI D 21: Las Veg as Source: Planning and Data Analylics Date: September 2021 �OCopyright 2021 Ciry of Fort Worlh. Unauthorized reproduc[ion is a violation of applicable laws. This produc[ is for informa[ional purposes and may not have been preparetl for or be suitable for iegai, enyineering, o veying purposes. It does not represent an on-the-ground survey and represenls only Ihe approximate relative location of prope .ry boundanes. TherCily of Fort Worlh assumes no responsibility for the accuracy oi said data. � 0 1,000 2,000 4,000 Feet N City of Fort Worth, Mayor and DATE: 09/16/25 Texas Council Communication M&C FILE NUMBER: M&C 25-0823 LOG NAME: 03PID21 FY26 SUBJECT (CD 3) Conduct Public Benefit Hearing for Fort Worth Public Improvement District 21 — Las Vegas Trail, Adopt the Ordinance (1) Approving and Adopting the Fiscal Year 2025-2026 Budget, Five-Year Service Plan, Assessment Plan, and Tax Year 2025 Assessment Roll, and (2) Levying Special Assessments for the 2025 Tax Year at a Rate of $0.10 Per Each $100.00 of Property Value, Authorize Execution of an Agreement with FirstService Residential Texas PID, LLC., in the Amount of $30,444.00 to Manage the Fort Worth Public Improvement District 21 — Las Vegas Trail, and Adopt Appropriation Ordinance (PUBLIC HEARING - a. Staff Available for Questions: Holly Fortes; 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 21 — Las Vegas Trail for the 2025 tax year; 2. Adopt the attached ordinance (1) approving and adopting the Fiscal Year 2025-2026 budget in the amount of $375,231.00, five-year service plan, assessment plan, and tax year 2025 assessment roll (on file with the City Secretary) for the Las Vegas Trail Public Improvement District; and (2) levying special assessments on privately-owned property located in the Las Vegas Trail Public Improvement District for the 2025 tax year at the rates 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 FirstService Residential Texas PID, LLC., in the amount of $30,444.00 to provide management of the improvements and services for the Las Vegas Trail Public Improvement District during Fiscal Year 2025-2026; and 5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 21 - Las Vegas Trail Fund in the amount of $375,231.00, of which (1) $374,402.00 is from available funds and (2) $829.00 is from available unreserved fund balance. DISCUSSION: On June 22, 2021, the Mayor and City Council adopted Resolution No. 5428-06-2021 establishing Fort Worth Public Improvement District No. 21, Las Vegas Trail (Las Vegas Trail PID). State law requires an annual report on the proposed budget and five-year service plan for the Las Vegas Trail PID, which is attached. The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2025-2026 budget and five-year service plan for the Las Vegas Trail PID and the proposed assessments to be levied on each property in the Las Vegas Trail PID for the 2025 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 Las Vegas Trail PID during the 2025-2026 Fiscal Year and the costs thereof are as follows: The total budgeted costs of the improvements and services are in the amount of $375,231.00. Of this amount, $374,402.00 will be funded by assessments collected on privately owned parcels located in the Las Vegas Trail PID by applying a rate of $0.10 per each $100.00 of property value. The remainder of the costs in the amount of $829.00 will be transfered from the unaudited, unassigned fund balance. Fiscal Year 2026 Budget On August 26, 2025, the City Council conducted a public hearing to receive comments on the proposed 2025-2026 Fiscal Year budget, five-year service plan, and 2025 assessments for the Las Vegas Trail PID. Notice of the August 26, 2025, benefit hearing and this hearing were published in the Fo►t Worth Star-Telegram and mailed to all owners of property on record in the Las Vegas Trail PID on August 15, 2025, in accordance with state law. Funding will be budgeted within the FWPID #21 — Las Vegas Trail Fund for Fiscal Year 2026. The Las Vegas Trail PID is located in COUNCIL DISTRICT 3. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and the adoption of the Fiscal Year 2026 Budget by the City Council, funds will be available in the Fiscal Year 2026 operating budget, as appropriated, in the FWPID #21 — Las Vegas Trail Fund. Prior to any expenditure being incurred, the FWLab Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office bk Originating Business Unit Head: Christianne Simmons 6222 Additional Information Contact: Brady Kirk 8712