HomeMy WebLinkAboutIR 8497 INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 8497
May 27, 2003
'T To the Mayor and Members of the City Council
Page 1 of 4
SUBJECT: DOCUMENTS AND INFORMATION CONCERNING
THE RE-ESTABLISHMENT OF FORT WORTH PUBLIC IMPROVEMENT
DISTRICT NO. 8 (THE CAMP BOWIE BOULEVARD AREA)
On May 6, 2003, the City Council adopted M&C G-13967 accepting the petitions to begin the re-
establishment process of the Public Improvement District No. 8. The M&C requires the City Manager to
prepare certain documents and information and to file the same with the City Secretary as provided in
Chapter 372 of the Local Government Code.
The following information and documents are hereby submitted:
1. The petition for re-establishment of the proposed Fort Worth Improvement District No. 8 meets the
requirements of Chapter 372, Subchapter A, Section 372.005 of the Local Government Code and the
City's current policy regarding public improvement districts. A copy of the calculations establishing the
sufficiency of signatures is attached and incorporated as Exhibit "A". A copy of the petition is attached
and incorporated as Exhibit "B".
2. The general nature of the improvements and/or services of the District shall include:
(a) A coordinated marketinoJpromotion and special event program designed to retain and attract
increased customer traffic to the District. To ensure economic vitality of Camp Bowie,
business activities will include pooling and targeting marketing budgets; identifying,
coordinating, and sponsoring special sales events and seasonal events that attract a critical
mass of shoppers and new customers to the corridor. Marketing themes, festivals and strategies
will be developed for the corridor. Both paid advertising and free promotional advertising will
be used. There will be different, but complementary strategies developed to maintain and
increase office occupancies; neighborhood retail, restaurant and services; community retail,
and specialized businesses, such as entertainment, hotel and automobile sales.
(b) A coordinated communication and information proconsisting of systems to improve the
formal and informal communication between businesses, adjoining neighborhoods, the City
and others will be developed. Newsletters, electronic communications, key contact and mailing
lists, clearinghouse hot lines and other programs will be implemented. This improved
communication between all stakeholders will result in synergism, shared benefits and
improved "sense of community." A program such as being able to promptly address security
issues in cooperation with City and private security personnel, scheduling special sales or
events, coordinating clean up and beautification efforts, and sharing of overhead services will
be developed and implemented. This communication system will allow the District
membership to support the City on providing information on Capital Improvement Projects,
other City initiatives and to support neighborhood initiatives.
ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS
INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 8497
May 27, 2003
To the Mayor and Members of the City Council
Page 2 of 4
,,,, SUBJECT: DOCUMENTS AND INFORMATION CONCERNING
THE RE-ESTABLISHMENT OF FORT WORTH PUBLIC IMPROVEMENT
DISTRICT NO. 8 (THE CAMP BOWIE BOULEVARD AREA)
(c) A planned and coordinated capital improvement, clean up and beautification program
consisting of the District working with the City, property owners and adjoining neighborhoods
to identify an annual program of capital improvements. District funds will be used to improve
the public right of way areas to include seasonal plantings at key gateways and image areas,
signs and information systems, improved street furniture to include ornamental lighting,
benches, banners and other elements unique to the Camp Bowie corridor. For larger capital
improvement projects, such as street paving, major intersection work or other projects, the
District will work with the City to develop programs to fit within the normal City budgeting
and capital improvement proposal processes. Private capital investments, improvements, clean
up and beautification programs will also be defined and promoted by the District staff.
Ongoing cooperation will occur with local governments, neighborhood groups, foundations,
universities and others to assist with obtaining grants or other special funding to undertake
studies, landscape improvements, street improvements, signs and banner programs and other
streetscape amenities.
(d) A general office and administrative program consisting of "A staff available every day all
day". One key advantage and objective of the District is to make sure that there is a key person
available to respond to the unique needs of the District businesses and related neighborhood
issues "every day all day". For every one-hour of paid administrative leadership and
coordination, at least 10 hours of volunteer services and activities can be generated. As a result
the District will run more smoothly and in a coordinated fashion. Focusing District staff in this
manner will enable businesses to use their personnel resources to tend to business with the
confidence that the corridor and neighborhood needs are being addressed.
The improvements and/or services will be a supplement to the standard existing level of City
improvements and/or services and will constitute an added increment to the improvements and/or services
normally provided to the taxpayers generally. If the District is re-established, the City will continue to furnish
or pay for standard improvements and/or services in the District at the same level as they are provided to the
taxpayers generally.
The City Council resolution authorizing the re-establishment of the District will contain a provision
establishing that the present level of standard improvements and/or services currently provided by the City of
Fort Worth to taxpayers in the District will continue during the three-year term of the District.
3. A preliminary estimate of the cost of the improvements and/or services of the District during the first year
of operation in the next five-year period is:
ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS
INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 8497
May 27, 2003
To the Mayor and Members of the City Council
Page 3of4
SUBJECT: DOCUMENTS AND INFORMATION CONCERNING
THE RE-ESTABLISHMENT OF FORT WORTH PUBLIC IMPROVEMENT
DISTRICT NO. 8 (THE CAMP BOWIE BOULEVARD AREA)
(a) Marketing and promotions $ 20,000
(b) Coordinated special events $ 10,000
(c) Seed funds for other financing and grants $ 10,000
(d) Communications, and outreach $ 30,000
(e) Capital improvements to public infrastructure $ 62,400
(f) Operations— Officelsalaries $100,000
(g) City Administration fee 2,600
$235,000
The cost of improvements and/or services in subsequent years will be determined in the annual service plan to
be adopted by the City Council.
4. The boundaries of the improvement district are all those certain commercial properties cited by notice that
lie along and adjacent to West Seventh Street beginning at Montgomery Street proceeding east to Camp
Bowie Boulevard, proceeding southwestwardly down Camp Bowie Boulevard, crossing Alta Mere Drive
and proceeding west down Camp Bowie Boulevard West (formerly known as U.S. Highway 80 West) and
ending at Loop 820 South. A copy of the map showing the boundaries of the proposed District is attached
and incorporated as Exhibit "C".
5. The method of assessment is proposed to be:
(a) A service plan will be approved and adopted by the City Council for a period not less than five
years. The plan will be reviewed and updated annually by the Council to determine the annual
budget for improvements and/or special supplemental services within the District.
(b) The cost of an improvement and/or special service will be assessed against real property within
the District according to the value of such property as determined by the City Council,
including the value of structures or other improvements on the property.
(c) The City Council resolution authorizing re-establishment of the District will contain a
provision which states that during the five-year term of the District the annual assessments
against real property in the District will not exceed an amount equal to 14 cents per$100 of the
value of such property as determined by the City Council, including the value of structures or
other improvements on the property. A rate of 10 cents per $100 of value of such property,
including the value of structures or other improvements on the property, is to be adopted for
the first year of the re-established District_
ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS
INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 8497
May 27, 2003 s
�
*r� To the Mayor and Members of the City Council
Page 4of4
lotsSUBJECT: DOCUMENTS AND INFORMATION CONCERNING
THE RE-ESTABLISHMENT OF FORT WORTH PUBLIC IMPROVEMENT
DISTRICT NO. 8 (THE CAMP BOWIE BOULEVARD AREA)
6. The proposed apportionment of costs between the improvement district and the City as a whole is:
(a) All of the cost of an improvement and/or service would be paid by special assessments against
real property and structures or other improvements thereon in the District.
(b) There will be no City of Fort Worth payment of assessments because there is no exempt city-
owned real property and structures or other improvements thereon in the District. The payment
of assessments on property owned by other exempt jurisdictions may be established by
contract. The City as a whole will continue to provide the standard improvements and services
to the District.
(c) The City Council of the City of Fort Worth will be authorized to establish by ordinance
reasonable classifications and formulas for the apportionment of costs between the City and
the areas to be assessed and to establish the methods for assessing special benefits for various
classes of improvements and/or services.
7. The probable maximum benefits to be conferred on each tract in the District because of its improvements
and/or services shall be greater than the amount of the assessment against such tract and the owners
thereof.
The City Council will consider a resolution authorizing re-establishment of the District which will provide
that the District will exist for five years immediately following adoption of such resolution unless property
owners in the District petition the City Council for re-establishment of the District, or unless the District is
sooner dissolved as provided by law. Council action on the resolution is planned for June 24, 2003, after
notice and a public hearing on the re-establishment of the District.
The original of the above report was filed with the City Secretary of the City of Fort Worth on May 27, 2003.
Gary W. Jackson
City Manager
Attachments:
Exhibit"A" Calculations
Exhibit "B" Petition
Exhibit"C" Map
ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS
PROPOSED PID 8 PETITION FINDINGS
Texas Local Government Code, Section 372.005 Petition states:
(b) The petition is sufficient if signed by:
(1) owners of taxable real property representing more than 50 percent of the appraised value of
taxable real property liable for assessment under the proposal,as determined by the current roll of the
appraisal district in which the property is located; and
(2) record owners of real property liable for assessment under the proposal who:
(A) constitute more than 50 percent of all record owners of property that is liable for
assessment under the proposal; or
(B) own taxable real property that constitutes more than 50 percent of the area of all taxable
real property that is liable for assessment under the proposal.
Herein are the statistics:
Total appraised value of property within the district $ 254,876,289
Total appraised value of property liable for assessment $ 254,876,289
Appraised value of property belonging to records owners who signed petition $ 150,051,618
Percentage of appraised value of property liable for assessment whose
record owners have signed the petition 58.87
The above does satisfy the requirements under Section 372.005(b)(1)
Total number of properties in the proposed district 558
Total number of properties represented by petitions submitted 235
Total number of petitions whose ownership matched the TAD roll 235
Percentage of valid petitions within the proposed district 42.11 %
The above does not satisfy the requirements under Section 372.005(b)(2)(A)
Total number of property owners in the proposed district 411
Total number of property owners in the proposed district signing a petition 122
Percentage of valid petitions within the propered district 29.68 %
The above does not satisfy the requirements under Section 372.005(b)(2)(A)
s
Total acreage of properties in the proposed district 436.7838
' Total acreage of properties represented by petitions submitted 237.1693
Percentage of valid petitions within the proposed district 54.30 %
The above satisfies the requirements under Section 372.005(b)(2)(B)
In conclusion,staff finds the petitions submitted by the PID 8 petitioners have met
the requirements under Section 372.005(b) of the Texas Local Government Code.
In addition,staff finds the petitions submitted by the PID 8 petitioners have met
the requirements of the City of Fort Worth PID Policy.
i.
�` Exhibit A
STATE OF TEXAS )(
COUNTY OF TARRANT )(
TO: The Mayor and City Council of the City of Fort Worth, Texas,
1000 Throckmorton,Fort Worth,Texas 76102
PETITION REQUESTING ESTABLISHMENT
OF PUBLIC Il"ROVEMENT DISTRICT(PID)
The undersigned petitioners hereby request that the City Council of the City of Fort Worth,
Texas, initiate and establish a public improvement district(PID) under the Public Improvement
District Assessment Act,Article 12691 —4, 12, V.A.C.S. (The "Act'), so that the powers granted
under the Act may be exercised by the City of Fort Worth. In support of this petition, the
petitioners show and understand the following:
1. The proposed district would be known as the "Historic Camp Bowie Public Improvement
District No. 8 or other name as mutually agreed to by the City and the board of Historic
Camp Bowie, Inc.
2. The City of Fort Worth would be authorized to utilize the district to undertake improvement
projects and/or services that confer a special benefit on the part of the City within the
district. The City Council would be authorized to levy and collect special assessments on
property in the district, based on benefits conferred by the improvement project and/or
services, to pay all or part of the cost of such improvement projects and/or services.
3. The general nature of the proposed improvements and services are designed to assure that
the Camp Bowie Boulevard corridor will continue to be economically successful thereby
providing the much needed commercial services, neighborhood shopping, and neighborhood
services. This will result in a strong and growing tax base for local government.
Maintaining an overall quality of life requires that the business community, residential
communities, and local government work together to assure economic stability. Activities
will include the following:
a. A coordinated marketing and promotion program to attract increased customer traffic
to the entire district. This program would likely include coordinated advertising,
special events, market studies, promotions, seasonal programs, and other coordinated
efforts.
b. A coordinated communication program to assure that businesses of the area benefit
from shared information about security, infrastructure improvements, transportation
improvements, capital improvement programs, opportunities to coordinate marketing
and promotions, and other opportunities where business awareness and information
can help business.
c. Ongoing cooperation with local governments, neighborhood groups, foundations,
universities, and others to assist with obtaining grants or other special funding to
Exhibit B
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undertake studies, landscape improvements, street improvements, signs and banners
programs, and other streetscape amenities.
d. Special cooperative programs with area neighborhoods, schools, museums,and other
institutions to assure that the business, residential,and civic organizations all work
together to identify programs that enhance the economic vitality and livability of the
greater Camp Bowie Boulevard corridor.
e. Various capital improvements to the street including landscaping, sidewalks, signs,
banners, and other information.
4. The estimated costs of the above improvements and programs are:
(a) Marketing and promotions $ 20,000
(b) Coordinated special events $ 10,000
(c) Seed funds for other financing and grants $ 10,000
(d) Communications, and outreach $ 30,000
(e) Various capital improvements that are
Public infrastructure $ 62,400
(f) Operations—Office/Salaries $100,000
(g) City Adminis $ 2.600
$235,000
The above budget will be adjusted accordingly, at the time that the PID financial feasibility
�► is completed.
Additional funds and grants might be raised by working with foundations, local
governments, state and federal governments, institutions, and other sources. These
additional funds would be used to support the efforts itemized above and would benefit the
health of the entire corridor and City. Such funding strategies and applications would be
coordinated with the City.
5. The City Council resolution authorizing establishment of the District shall contain a
provision which states that the PID has a term of five years, and that during this five-year
term of the District, annual assessments against property in the District shall not exceed an
amount equal to$0.14 per $100 but will be set at.10 the initial year, of the TAD appraised
value of real property and improvements as determined by the City Council. It is not
anticipated that tax exempt properties or government-owned properties will be assessed. A
service plan would be approved and adopted by the City Council for the said period. The
plan would be reviewed and updated annually by the Council to determine the annual budget
for improvements and/or special supplemental services within the district. It is understood
that other reasonable provisions may be mutually agreed to by the City Council and the
Historic Camp Bowie, Inc. Board.
6. For purpose of this petition,the boundary of the proposed improvement district is the area
that includes all commercial land use areas along the Camp Bowie Boulevard corridor from
University Drive(on the east)to Alta Mere Drive (on the west); all commercial land use
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areas along the Spur 580/Camp Bowie West corridor between Camp Bowie Boulevard (on
the east)and Loop 820 (on the west). The exact boundaries of the district will be
determined prior to final action by the Fort Worth City Council.
7. The PID will utilize PID funds to undertake the above work programs. It is not proposed at
this time that PID funds will be combined with other municipal funds, except on a case by
case basis whereby in each case the project would receive approval from the City Council or
other appropriate municipal authority.
8. The District will be managed by Historic Camp Bowie, Inc. or similar organization that is
mutually approved by Historic Camp Bowie, Inc. and the City of Fort Worth. The said
corporation will carry liability insurance in amounts and covering risks approved by the City
and will indemnify the City against losses resulting from acts or omissions of the manager
and those for whom the manager is responsible. The manager will comply with the
nondiscrimination"employment Practices"of the City, with the City's Minority and Women
Business Enterprises participation policies, and with competitive bidding procedures of the
City's Park and Recreation Department. It is understood that other management provisions
may be mutually agreed to between the City of Fort Worth and the Historic Camp Bowie,
Inc. Board.
9. The persons signing this petition request and concur with the establishment of the district
and authorize Historic Camp Bowie, Inc. to work out the detailed provisions and conditions
of the District, except that the assessments will not exceed $ 0.14 per $100 of the TAD
appraised value of real property and improvements and the initial term of the PID will not
exceed five years or$.10 per$100.
10. The City Council of the City of Fort Worth is authorized to establish and advisory body in
consultation with Historic Camp Bowie, Inc. with the responsibility of developing and
recommending a service and improvement plan to the Council. If the advisory body is
established, the composition and membership thereof would be approved by the City
Council in accordance with the requirement of the Act.
11. This petition will be sufficient if it is signed by:
a. More that 50 percent of the owners of record of property liable for assessment under
this proposal; or
b. the record owners of property composing more that 50 percent of the area liable for
assessment under this proposal; and
c. the record owners of taxable property representing more that 50 percent of the
appraised value of the taxable real property, including the value of structures and
other improvements within the proposed district,as determined by the current roll of
the Tarrant Appraisal District.
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12. The petitioners hereby request that the City Council do the following:
a. Determine that this petition meets the requirements of the Act;
b. Make findings by resolution as to the advisability of the nature of the proposed
improvements and/or services, the estimated cost,the boundaries of the improvement
district,the method of assessment, and the apportionment of costs between the
proposed district and the City as a whole;
c. Give proper notice and hold a public hearing on the advisability of establishing the
district and providing the proposed improvement and/or services;
d. At any time within six months after final adjournment of the hearing, adopt a
resolution authorizing establishment of the improvement district in accordance with
its findings as to the advisability of the improvements and/or services;
e. Take any and all other steps necessary to the establishment of the district.
f. Work with Historic Camp Bowie, Inc. regarding other details and provisions to
implement the district.
4..
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FIVE YEAR SERVICE PLAN
Public Improvement District#8
4/1/2003
FY03104 FY04/05 FY05/06 FY06/07 FY07108
REVENUE PROJECTS
Assessment Revenues 235,000 245,000 250,000 250,000 250,000
City Reimbursement - - - - -
Total Revenues 235,000 245,000 250,000 250,000 250,000
EXPENSE PROJECTIONS
City Administration 2,600 2,600 2,600 2,600 2,600
Operations 100,000 100,000 100,000 100,000 100,000
Capital Improvements:
Concrete Removal 25,000 30,000 35,000 35,000 35,000
Landscape Implementation/Maintenance 57,400 62,400 72,400 92,400 92,400
Marketing Campaign 20,000 20,000 10,000 10,000 10,000
Special Events 10,000 10,000 10,000 10,000 10,000
Beautification Brochure 10,000 10,000 20,000
Joint Venture Grant 10,000
Design Guidelines 10,000
TOTAL EXPENSES 235,000 245,000 250,000 250,000 250,000
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