HomeMy WebLinkAboutOrdinance 21435-09-2014 Ordinance No.21435-09-2014
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE PUBLIC IMPROVEMENT DISTRICT 6 FISCAL YEAR
2014-2015 PROJECT ACCOUNT OF THE SPECIAL ASSESSMENT DISTRICT FUND
IN THE AMOUNT OF $1,380,743.00, FROM AVAILABLE FUNDS, CONTINGENT
UPON THE ADOPTION OF THE ORDINANCE LEVYING SPECIAL ASSESSMENTS
FOR THE 2014 TAX YEAR, FOR THE PURPOSE OF PROVIDING MANAGEMENT
AND E\4PROVEMENT SERVICES FOR THE PARK GLEN PUBLIC IMPROVEMENT
DISTRICT DURING FISCAL YEAR 2014-2015;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 2014-2015 in the
Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the Public
Improvement District 6 Fiscal Year 2014-2015 Project Account of the Special Assessment District Fund in
the amount of$1,380,743.00, from available funds, contingent upon the adoption of the ordinance levying
special assessments for the 2014 Tax Year, for the purpose of providing management and improvement
services for the Park Glen Public Improvement District during Fiscal Year 2014-2015.
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, 2014, and ending
September 30, 2015, 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hereby expressly repealed.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 A5—TO FORM AND LEGALITY:
Assistant City Attorney Mary J. Kats#eityNe—cr6fary
ADOPTED AND EFFECTIVE: September 9,2014
City of Fort Worth
Proposed Five Year Service Plan
Public Improvement Distrct No.6-Park Glen
FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19
REVENUES Budget Budget Budget Budget Budget
PID Assessments 1,206,700 1,210,026 1,215,026 1,220,026 1,225,026
City Payment In-Lieu of Services 174,043 174,043 174,043 174,043 174,043
Prior Years'Assessments 340,000 340,000 340,000 340,000 340,000
Total Revenues $1,720,743 $1,724,069 $1,729,069 $1,734,069 $1,739,069
EXPENSES
Management Fee 107,753 111,883 116,178 116,178 116,178
Water 241,886 241,886 241,886 241,886 241,886
Utilities 17,489 17,489 17,489 17,489 17,489
Landscape/Tree Maintenance 580,867 587,525 581,289 580,902 580,902
Fence Maintenance 150,000 150,000 150,000 154,900 154,900
Holiday Lighting 15,532 15,532 15,532 15,532 15,532
Security Enhancements 140,000 140,000 140,000 140,000 140,000
Communications/Newsletters 9,251 9,261 9,275 9,275 9,275
Public Events 25,000 22,581 24,517 24,904 24,904
Capital Improvements 45,000 39,881 44,772 44,772 49,672
Insurance 21,751 21,750 21,750 21,750 21,750
Annual Review 2,081 2,081 2,081 2,081 2,081
City Administration Fee 24,133 24,200 24,300 24,400 24,500
Budget Expenses $1,380,743 $1,384,069 $1,389,069 $1,394,069 $1,399,069
Estimated Operating Reserve $340,000 $340,000 $340,000 $340,000 $340,000
Total Expenses $1,720,743 $1,724,069 $1,729,069 $1,734,069 $1,739,069
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COPYRIGHT 2014 CITY OF FORT WORTH. UNAUTHORIZED REPRODUCTION IS A VIOLATION OF APPLICABLE LAWS. THI:
PRODUCT IS FOR INFORMATIONAL PURPOSES AND MAY NOT HAVE BEEN PREPARED FOR OR BE SUITABLE FOR LEGAI
ENGINEERING, OR SURVEYING PURPOSES.IT DOES NOT REPRESENT AN ON-THE-GROUND SURVEY AND PRESENTS
ONLY THE APPROXIMATE RELATIVE LOCATION OF PROPERTY BOUNDARIES. THE CITY OF FORT WORTH ASSUMES
NO RESPONSIBILITY FOR THE ACCURACY OF SAID DATA.
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 91912014 - Ordinance Nos. 21434-09-2014 & 21435-09-
2014
DATE: Tuesday, September 09, 2014 REFERENCE NO.: BH-317
LOG NAME: 17PID6FY15PBH
SUBJECT:
Conduct a Public Benefit Hearing for Public Improvement District 6, Park Glen PID, Concerning the
Proposed 2014-2015 Budget in the Amount of$1,720,743.00 and Five-Year Service Plan and Proposed
Assessment Roll, Adopt Ordinance Levying Special Assessments for the 2014 Tax Year in the Amount of
$1,206,700.00, Authorize Transfer in the Amount of$174,043.00 from the General Fund to the Special
Assessment District Fund for the City's Payment in Lieu of Services, Adopt Appropriation Ordinance to
Increase Estimated Receipts and Appropriations in the Special Assessment District Fund in the Amount of
$1,380,743.00 and Authorize Transfer in the Amount of$24,133.00 for Administrative Fees from the
Special Assessment District Fund, Public Improvement District 6 Fiscal Year 2014-2015 Project Account to
the General Fund and Authorize Execution of an Agreement with FirstService Residential to Manage the
District (COUNCIL DISTRICT 4)
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 6, Park Glen PID, for the 2014 tax year;
2. Approve the attached Fiscal Year 2014-2015 Budget and Five-Year Service Plan for the Park Glen
Public Improvement District;
3. Adopt the attached ordinance levying special assessments on the property located in the Park Glen
Public Improvement District, subject to assessment for the 2014 tax year;
4. Authorize a transfer in the amount of $174,043.00 from the General Fund to the Special Assessment
District Fund, Public Improvement District 6 Fiscal Year 2014-2015 Project Account for the City's Payment
In-Lieu of Services;
5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Public Improvement District 6 Fiscal Year 2014-2015 Project Account of the Special Assessment District
Fund in the amount of$1,380,743.00 from available funds;
6. Authorize a transfer in the amount of $24,133.00 for administrative fees from the Special Assessment
District Fund, Public Improvement District 6 Fiscal Year 2014-2015 Project Account to the General Fund
contingent upon the adoption of the proposed ordinance levying assessments; and
7. Authorize the execution of an Agreement with FirstService Residential in the amount of $107,753.00 to
provide management and improvement services for the Park Glen Public Improvement District during
Fiscal Year 2014-2015.
Logname: 17PID6FY15PBH Pagel of 3
DISCUSSION:
On September 29, 1998, the City Council adopted Resolution No. 2453 establishing Public Improvement
District No. 6 (Park Glen PID).
The purpose of this benefit hearing is to receive comments from the public regarding the 2014-2015 Fiscal
Year Budget and Five-Year Service Plan for the PID and the proposed assessments to be levied on each
property in the PID for the 2014 tax year. Following the public hearing, it is recommended that the City
Council approve the attached Budget and Five-Year Service Plan of the PID, adopt the attached
ordinance levying the proposed assessments and adopt the attached appropriation ordinance allocating
estimated receipts to the Park Glen PID's fund.
On August 26, 2014, (M&C BH-309) the City Council conducted a public hearing to receive comments on
the proposed 2014-2015 Fiscal Year Budget and Five-Year Service Plan for the proposed PID. Notice of
this benefit hearing was published in the newspaper and mailed to all record owners of property in the
Park Glen PID, in accordance with state law.
The improvements and services to be provided in the PID during the 2014-2015 Fiscal Year and the costs
thereof are as follows:
�—Improvements Total Budgeted Costs
Management Fee 1 _ $ 107,753.00
Water ---^$x241,886.00
Utilities ��--$ 17,489.00
Landscapearee Maintenance I —'^ $ 580,867.00
Fence Maintenance --- $ 150,000.00
Holiday Lighting I $ 15,532.00
Security Enhancement -��-$ 140,000.00
Communications/Newsletters 1---`—`$_^ 9,251.00
Public Events ------ �$ 25,000.00
Capital improvements $ 45,000.00
Insurance $ 21,751.00
Annual Review (Audit) $ 2,081.00
City Administration Fee --- -- $ 24,133.00
Budget Expenses ---– - $1,380,743.00
Estimated Operating Reserve $ 340,000.00
Total Expenses ----- $1,720,743.00
The total budgeted costs of the improvements and services are in the amount of $1,720,743.00. Of this
amount, $1,206,700.00 will be funded by assessments collected on privately owned parcels located in the
district by applying a rate of $0.175 cents to each $100.00 of property value for residential property and
$0.035 cents to each $100.00 of property value for commercial property. The remainder of the costs in
the amount of $514,043.00 will be funded by other revenue sources: the amount of$174,043.00 from the
City for Payment In-Lieu of Services and the amount of $340,000.00 from prior year's assessments and
revenues.
The Park Glen PID is located in COUNCIL DISTRICT 4.
Logname: 17PID6FY15PBH Page 2 of 3
FISCAL INFORMATION /CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations
and the adoption of the Fiscal Year 2014-2015 Budget by the City Council, funds will be available in the
Fiscal Year 2015 operating budget, as appropriated, of the Special Assessment District Fund and the
General Fund.
FUND CENTERS:
TO Fund/Account/C enters FROM Fund/Account/Centers
4)) GS87 488010 002506002000 $174,043.00 4) GG01 539120 0807071 $174.043.00
5) GS87 488342 002506002000 $1.206,700.00 6) GS87 539120 002506002000 $24,133.00
5) GS87 539120 002506002000 $1,380,743.00 7) GS87 539120 002506002000 $107.753.00
6) GG01 461813 0171000 $24,133.00 5) GS87 539120 0025060020000 $1,272.990.00
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Jay Chapa (5804)
Additional Information Contact: Ossana Hermosillo (6203)
Logname: 17PID6FY15PBH Page 3 of 3