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HomeMy WebLinkAbout26-28792 - City Council - OrdinanceORDINANCE 26-28792 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT 6- PARK GLEN FUND IN THE AMOUNT OF $2,908,065.00, OF WHICH (1) $2,473,647.00 IS FROM AVAILABLE FUNDS AND (2) $434,418.00 IS FROM AVAILABLE UNRESERVED FUND BALANCE; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT: SECTION 1. In addition to those amounts allocated to the various City departments for Fiscal Year 2025-2026 in the Budget of the City Manager, there shall also be increased estimated appropriations in the Fort Worth Public Improvement District 6 - Park Glen fund in the amount of $2,908,065.00, of which (1) $2,473,647.00 is from available funds and (2) $434,418.00 is from available unreserved fund balance. SECTION 2. 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. This ordinance shall be cumulative of Ordinance 27979-09-2025 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: p Q /% ll �F�R1`Vn�1 Jannette S. Goodall o°°°°°°°°°LjiS> Assistant City Attorney City Secretary 1a o%% N. g+l d ADOPTED: September 15.202 0% o 2 EFFECTIVE: September 15.2026 °°OOOOOOO /J Ordinance No. 26-28792 Page 1 of 1 —t > � a= umme FORT WORTH, PI D 6: Park G I en Source: Planning and Data Anal Date: July 2020 ©Copyright 2020 City of Fort Worth. Unauthorized reproduction is a violation of applicable laws. This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on -the -ground survey and represents only the approximate relative location of property boundaries. The City of Fort Worth assumes no responsibility for the accuracy of said data. 0 1,000 2,000 4,000 Feet N I I I I I I I I FY 27 REVENUES PID Assessments $ 2,108,700 COFW Assessments 7,785 COFW Payment In -Lieu of Services 357,162 Total Budgeted Revenues $ 2,473,647 Use of Fund Balance $ 434,418 Total Revenues $ 2,908,065 EXPENSES City Administrative Fee 49,473 Management Fee 176,705 Capital Improvements 210,000 Common Area Maintenance 183,000 Communications 28,000 Holiday Decoration 55,000 Landscaping 1,604,237 Public Events 70,400 Security Enhancements 285,400 Utilities 232,000 Audit & Compliance 13,850 Total Budgeted Expenses $ 2,908,065 Contribution to Fund Balance $ - Total Expense $ 2,908,065 Net Change in Fund Balance $ (434,418) Estimated Fund Balance, Beginning of Year $ 1,008,220 Estimated Fund Balance, End of Year 573,802 Reserve Requirement 486,027 Over (Under) Reserve $ 87,775 City of Fort Worth Service and Assessment Plan Public Improvement District No. 6 - Park Glen FY 28 FY 29 FY 30 FY 31 $ 2,491,808 $ 2,566,563 $ 2,643,559 $ 2,722,866 7,298 7,298 7,298 7,298 367,877 378,913 390,281 401,989 $ 2,866,983 $ 2,952,774 $ 3,041,138 $ 3,132,153 $ 48,594 $ 3,813 $ - $ - $ 2,915,577 $ 2,956,586 $ 3,041,138 $ 3,132,153 57,340 59,055 60,823 62,643 182,006 187,466 193,090 198,883 150,000 130,000 130,000 130,000 188,490 194,145 199,969 205,968 28,000 28,000 28,000 28,000 56,650 58,350 60,100 61,903 1,652,364 1,701,935 1,752,993 1,805,583 72,512 74,687 76,928 79,236 278,000 268,000 273,360 278,827 236,640 241,373 246,200 251,124 13,575 13,575 13,575 13,575 $ 2,915,577 $ 2,956,586 $ 3,035,038 $ 3,115,742 $ - $ - $ 6,100 $ 16,411 $ 2,915,577 $ 2,956,586 $ 3,041,138 $ 3,132,153 $ (48,594) $ (3,813) $ 6,100 $ 16,411 $ 573,802 $ 525,208 $ 521,395 $ 527,495 525,208 521,395 527,495 543,906 492,863 505,941 519,394 519,394 $ 32,345 $ 15,454 $ 8,101 $ 24,511 *FY2027 Assessment Rate = $.155 Residential/ $.035 Commercial City of Fort Worth Budget Narrative Public Improvement District No. 6- Park Glen Management Fee This category outlines the administrative costs associated with operating the PID. It includes comprehensive management expenses such as salaries and healthcare, accounting support, mailings, office rent, and technology needs like computers and phone services. Capital Improvements This line item varies each year based on community priorities. For this year, planned improvements include the addition of sun sails at a playground, brick work throughout the community as well as a renovated disc golf course. Common Area Maintenance This line item covers repairs and upkeep for over 10 square miles of gray perimeter fencing, as well as masonry repairs for hundreds of brick columns and entry features. It also includes emergency response for PID-related incidents, electrical maintenance for all utility systems, and various miscellaneous repairs such as signage issues, net replacements at recreation courts, and power washing of monuments. Communications This item covers the production and mailing of our annual newsletter to all 4,471 residential properties and 82 commercial businesses. It also includes the cost of the online voting platform and website maintenance. Our active community website requires ongoing hosting, a search feature, and functioning email links. Holiday Decoration This line item includes Christmas decorations and contingency funds for additional or replacement holiday items. We provide garland and lighting at every monument entry and entry displays at 377/Basswood and Basswood/Teal. It also covers the installation of 69 flags in recognition of nine different holidays throughout the year. Landscaping Our landscape covers 4 different types of mows: Weekly, Bi-weekly, rough, and seasonal. We have 36 mow cycles per year. We maintain all of Arcadia Park and the major thoroughfares throughout the Park Glen and Park Place neighborhoods. This includes North Tarrant to Basswood and 377 to Beach Street. It also encompasses our tree care contract for approximately 2,000 trees within the neighborhood. Additionally, it provides contingency work such as tree trimming, removal of dead trees, and replanting. Irrigation system repairs are included under this item as well. Beyond essential services, this budget also allocates funds for landscape enhancements, including bed redesigns, wildflower plantings throughout the PID, park entry improvements, erosion control support, and annual mulch refreshes. Overall, this encapsulates the SAP goals of beautification and upkeep throughout the neighborhood. City of Fort Worth Budget Narrative City of Fort Worth Budget Narrative Public Events This line item funds our annual fireworks event and related activities. Expenses include fireworks, signage, portable restrooms, live music, face painting, balloon artists, off -duty officers, incidentals, and mailings to residents impacted by temporary road closures. Security Enhancements This budget supports additional security patrols to supplement services provided by the Fort Worth Police Department (FWPD). It funds approximately 3,400 extra patrols to enhance safety throughout the community. Patrol hours are random. Utilities This budget category covers water and utility services throughout the community. It supports over 1,000 irrigation zones and 38 meters and provides power to all 72 entry points across the PID. Audit & Compliance This line item includes costs associated with the annual review, such as the audit, ordinance filings, issuance of required notices, postage, and newspaper publication requirements City Administrative Fee As outlined in the City of Fort Worth PID Policy, City will charge a fee to each O-PID for the annual costs associated with administering the O-PID. This fee will be calculated annually for each O-PID to be the greater of: a. 2% of the projected externally generated revenue for that year, to include special assessments and any City contributions; or FORT WORTH. MAYOR AND COUNCIL COMMUNICATION 12.4 PID06 FY27 DATE: 09/15/26 M&C FILE M&C 26-0915 NUMBER: DEPARTMENT: FWLAB SUBJECT (CD 4) Conduct Public Benefit Hearing for Fort Worth Public Improvement District 6 - Park Glen; Adopt the Ordinance (1) Approving and Adopting the Fiscal Year 2026-2027 Budget, Five -Year Service Plan, Assessment Plan, and Tax Year 2026 Assessment Roll, and (2) Levying Special Assessments for the 2026 Tax Year at a Rate of $0.155 Per Each $100.00 of Residential Property Value and $0.035 Per Each $100.00 of Commercial Property Value; Authorize Execution of Agreement with FirstService Residential Texas PID, LLC, in the Amount of $176,705.00 to Manage the Public Improvement District; and Adopt Appropriation Ordinance (PUBLIC HEARING - a. Staff Available for Questions: Lacey M. Ruiz; 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 6 - Park Glen for the 2026 tax year; 2. Adopt the attached ordinance (1) approving and adopting the Fiscal Year 2026-2027 budget in the amount of $2,908,065.00, five-year service plan, assessment plan, and tax year 2026 assessment roll (on file with the City Secretary) for the Park Glen Public Improvement District; and (2) levying special assessments on privately -owned property located in the Park Glen Public Improvement District for the 2026 tax year at the rates of $0.155 per each $100.00 of residential property value and $0.035 per each $100.00 of commercial 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; 1 of 3 FORT WORTH„ 4. Authorize the execution of an agreement with FirstService Residential Texas PID, LLC, in the amount of $176,705.00 to provide management of the improvements and services for the Park Glen Public Improvement District during Fiscal Year 2026-2027; and 5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 6 - Park Glen fund in the amount of $2,908,065.00, of which (1) $2,473,647.00 is from available funds and (2) $434,418.00 is from available unreserved fund balance. DISCUSSION On September 22, 1998, the City Council adopted Resolution No. 2453 establishing Fort Worth Public Improvement District 6 - Park Glen (Park Glen PID). The purpose of this benefit hearing is to receive comments from the public regarding the Fiscal Year 2026-2027 budget and five-year service plan for the Park Glen PID and the proposed assessments to be levied on each property in the Park Glen PID for the 2026 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 Park Glen PID during the Fiscal Year 2026-2027 and the costs thereof are as follows: Fiscal Year 2027 Budget Improvements Total Budgeted Cost City Administrative Fee $49,473.00 Management Fee 176,705.00 Capital Improvements 210,000.00 Common Area Maintenance 183,000.00 Communications 28,000.00 Holiday Decoration 55,000.00 Public Events 70,400.00 Security Enhancements 285,400.00 Utilities 232,000.00 Audit & Compliance 13,850.00 Total Expense $ 2,908,065.00 The total budgeted costs of the improvements and services are in the amount of $2,908,065.00. Of this amount, $2,108,700.00 will be funded by assessments collected on privately owned parcels located in the Park Glen PID by applying a rate of $0.155 to each $100.00 of property value for residential property and $0.035 to each $100.00 of property 2 of 3 FORT WORTH„ value for commercial property. The remainder of the costs in the amount of $799,365.00 will be funded by other revenue sources including: (a) $357,162.00 in direct payments from the City for payment in lieu of services (b) $7,785.00 in direct payment from the City for payment in lieu of assessments, which are calculated at the same rate as privately -owned parcels and (c) $434,418.00 transferred from the unaudited, unassigned fund balance. On August 25, 2026, the City Council conducted a public hearing to receive comments on the proposed Fiscal Year 2026-2027 budget, five-year service plan, and 2026 assessment for the Park Glen PID. Notice of the August 25, 2026, benefit hearing and this hearing were published in the Fort Worth Star - Telegram and mailed to all owners of property on record and liable for assessment within the Park Glen PID on August 14, 2026, in accordance with state law. Included within those notices was a draft of the Fiscal Year 2026-2027 budget of $2,908,065.00. The informal Park Glen Advisory Board recommended approval of the budget. Funding will be budgeted within the FWPID #6 - Park Glen Fund for Fiscal Year 2027. The Park Glen PID is located in COUNCIL DISTRICT 4. This contract requires a Form 1295. FISCAL INFORMATION/ CERTIFICATION The Director of Finance certifies that funds are currently available from fund balance within the PID #6 - Park Glen Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the PID #6 - Park Glen Fund as appropriated. Prior to an expenditure being incurred, the FWLab Department has the responsibility of verifying the availability of funds. SUBMITTED FOR CITY MANAGER'S OFFICE BY: Christianne Simmons, # 6222 ORIGINATING BUSINESS UNIT HEAD: Christianne Simmons, # 6222 ADDITIONAL INFORMATION CONTACT: Brady Kirk, # 8712 ATTACHMENTS 1. PID 06 F Y 27 SA Pv FINA L 3 [12.4.4 - 4 pages] 2. PID 06 Ortho Map [12.4.5 - 1 page] 3. 03PID06 FY27 AO [12.4.6 - 2 pages] 4. PID06 SAP and Assessment Ordinance FY27 [12.4.7 - 9 pages] 3 of 3