HomeMy WebLinkAboutOrdinance 18791-09-2009Ordinance No 18791-09-2009
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL TRUST FUND IN THE AMOUNT OF $23 567 00 FROM AVAILABLE
FUNDS CONTINGENT UPON THE ADOPTION OF THE FISCAL YEAR 2009-2010
BUDGET FOR THE PURPOSE OF FUNDING THE FISCAL YEAR 2009-2010 PUBLIC
IMPROVEMENT DISTRICT ADMINISTRATION BY THE HOUSING AND ECONOMIC
DEVELOPMENT DEPARTMENT PROVIDING FOR A SEVERABILITY CLAUSE,
MAKING THIS ORDINANCE CUMULATIVE OF PRIOR 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 2009-2010 in the
Budget of the City Manager there shall also be increased estimated receipts and appropriations in the
Special Trust Fund in the amount of $23,567 00 from available funds contingent upon the adoption of the
Fiscal Year 2009-2010 Budget for the purpose of funding the Fiscal Year 2009-2010 Public Improvement
District Administration by the Housing and Economic Development Department.
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 2009 and ending
September 30 2010 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hereby expressly repealed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
ADOPTED AND EFFECTIVE. September 8. 2009
City of Fort Worth
PROPOSED FIVE YEAR SERVICE PLAN
Public Improvement District No 6 Park Glen
ORDINANCE NO 18789-09-2009
18790-09-2009 & 18791-09-2009 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14
REVENUES
Assessment Revenues 1 178 336 1 190 119 1 202,021 1,214 041 1 226 181
City Reimbursement 145 325 148,231 151 196 154,220 157 304
Prior Years Assessments 370 845 $278,200 $278,200 $27_8 200 $278,2.00 _
Total Revenues $1 694 506 $1 616 551 $1,631 416 $1 646 460 $1 661 685
EXPENSES
Management Fee 110 644 114 757 119 033 123 476 128 093
Water 219 398 223 785 228,261 232,826 237 483
Utilities 14 417 14 705 14 999 15,299 15 605
Landscape/Tree Maintenance 609 156 609 428 615 851 622,347 628,916
Trash Removal 22,971 19 471 19 665 19 862 20 061
Fence Maintenance 82,394 83 218 83,218 83,218 83 218
Holiday Lighting 15 572 15 572 15 728 15 885 16,044
Security Patrols 126,038 127,298 128 571 129 857 131 156
Communications 8 395 8 479 8,564 8,649 8 736
Public Events 21 000 21 000 26 000 26 000 26,000
Capital Improvements 106 895 20 416 12,303 9 008 5 522
Replacements 10 000 10 100 10,201 10 303 10 406
Insurance 18 936 19 126 19 317 19 510 19 705
Contingency 25 000 25,250 25 503 25 757 26 015
Annual Review 1 924 1 943 1 963 1 982 2,002
City Administration 23 567 _ 23 802 24,040 24,281 24 524
Budget Expenses $1 416 306 $1 338 351 $1 353,217 $1 368,261 $1 383 485
Estimated Operating Reserve 278,200 278,200 278,200 278,200 278,200
Total Expenses 1 694 506 1 616 551 1 631 416 1 646,460 1 661 685
City of Fort Worth, Texas
Mayor and Council Communication
~. ~ ~ ~~~~
COUNCIL ACTION' Approved on°9/8/2009... -Ord. Nos. 18789-09-2009, 18790-09-2009 &
18791-09-2009
DATE Tuesday September 08 2009 REFERENCE NO BH-241
LOG NAME 17PID066ENHEAR2009
SUBJECT
Conduct a Benefit Hearing for Fort Worth Public Improvement District 6 (Park Glen) Concerning the
Proposed Budget and Five-Year Service Plan and Proposed Assessment Roll Adopt Ordinance Levying
Special Assessments for 2009 Tax Year• Adopt Appropriation Ordinances to Increase Estimated Receipts
in the Special Assessment District Fund and Special Trust Fund for Fiscal Year 2009-2010 and Authorize
Execution of Agreement with Premier Communities Management Company to Manage the District
RECOMMENDATION
It is recommended that the City Council
1 Hold a benefit hearing concerning the proposed special assessments on property located in the Fort
Worth Public Improvement District 6 (Park Glen) (Park Glen PID) for fiscal year 2009-2010
2 Approve the attached 2009-2010 Fiscal Year budget and five-year service plan for the Park Glen PID•
3 Adopt the attached ordinance levying special assessments on property located in the Park Glen PID
subject to assessment for the 2009 tax year
4 Authorize the transfer of $145 325 00 from the General Fund to the Special Assessment District Fund
(Public Improvement District 6 Fiscal Year 2009-2010 Project Account) for the City's payment in lieu of
services
5 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$1 323 661 00 in the Special Assessment District Fund (Public Improvement District 6 Fiscal Year 2009-
2010 Project Account) from available funds
6 Authorize the transfer of $23 567 00 for administrative fees from the Special Assessment District Fund
(Public Improvement District 6 Fiscal Year 2009-2010 Project Account) to the Special Trust Fund
contingent upon the adoption of the proposed ordinance levying assessments
7 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Special Trust Fund by $23 567 00 from available funds, and
8 Authorize the City Manager to execute an Agreement with Premier Communities Management
Company to provide management and improvement services for Park Glen PID during Fiscal Year 2009-
2010 for the sum of $110 644 00
DISCUSSION
On September 22, 1998 the City Council adopted Resolution No 2453 establishing the Fort Worth Public
Logname• 17PID06BENHEAR2009 Page 1 of 3
Improvement District 6 (Park Glen) (Park Glen PID)
The purpose of the benefit hearing is to receive comments from the public regarding the 2009-2010 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 2009 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 ordinances allocating estimated
receipts to the Park Glen PID's fund
On August 25 2009 (M&C G-16676) the City Council conducted a public hearing to receive comments on
the proposed 2009-2010 Fiscal Year budget and five-year service plan and budget for the 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 2009-2010 Fiscal Year and the costs
thereof are
Improvements
Management Fee
Water
Utilities
Landscape/Tree Maintenance
Trash Removal
Fence Maintenance
Holiday Lighting
Security Patrols
Communications
Public Events
Capital Improvements
Replacements
Insurance
Contingency
Annual Review
City Administration
Budget Expenses
Estimated Operating Reserve
Total Expenses
Total Budgeted Costs
$110 644 00
$219 398 00
$14 417 00
$609 156 00
$22 971 00
$82 394 00
$15 572 00
$126 038 00
$8 395 00
$21 000 00
$106 895 00
$10 000 00
$18 936 00
$25 000 00
$1 924 00
$23,567.00
$1 416 307 00
$278,200.00
$1 694,507 00
The total budgeted costs of the improvements and services are $1 694 507 00 Of this amount,
$1 178 336 00 will be funded by assessments collected on privately owned parcels located in the district
by applying a rate of $0 175 to each $100 00 of property value for residential property and $ 035 to each
$100 00 of property value for commercial property
The remainder of the costs $516 170 00 will be funded by other revenue sources including $145 325 00
in a direct payment from the City for payment in lieu of services and $370 845 00 from prior years'
assessments and revenues
The Park Glen PID is located in COUNCIL DISTRICT 4
FISCAL INFORMATION /CERTIFICATION
The Financial Management Services Director certifies that upon approval of the above recommendations
Logname 17PID06BENHEAR2009 Page 2 of 3
and adoption of the attached appropriation ordinances funds will be available in the Fiscal Year 2009-
2010operating budget, as appropriated of the Special Assessment District Fund and the Special Trust
Fund
FUND CENTERS
TO Fund/Account/Centers
8)~FE72 511010 017587001000
8))FE72 481306 017587001000
6~GS$7 488010 002506002000
~) GS87 488342 002506002000
~) GS87 539120 002506002000
CERTIFICATIONS
FROM Fund/Account/Centers
$23,567.00 7)) GS87 539120 002506002000 $23,567.00
$23,567.00 ~ GS87 539120 002506002000 $110,644.00
$145.325.00 5)) GG01 539120 0171000 $145,325.00
$1,178 336.00
$1, 323, 661.00
Submitted for City Manager's Office bY: Thomas Higgins (6140)
Originating Department Head. Jay Chapa (6192)
Additional Information Contact: Sylvia Flores (8550)
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