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Home My WebLink AboutOrdinance 21863-09-2015 i ORDINANCE NO.21863-09-2015 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FISCAL YEAR 2015-2016 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 8—CAMP BOWIE FUND IN THE AMOUNT OF $497,966.00, FROM AVAILABLE FUNDS, CONTINGENT UPON THE ADOPTION OF THE ORDINANCE LEVYING SPECIAL ASSESSMENTS FOR THE 2015 TAX YEAR, FOR THE PURPOSE OF PROVIDING MANAGEMENT AND IMPROVEMENT SERVICES FOR THE CAMP BOWIE PUBLIC IMPROVEMENT DISTRICT DURING FISCAL YEAR 2015-2016; 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 2015-2016 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fiscal Year 2015-2016 Fort Worth Public Improvement District 8—Camp Bowie Fund in the amount of$497,966.00, from available funds, contingent upon the adoption of the ordinance levying special assessments for the 2015 Tax Year, for the purpose of providing management and improvement services for the Camp Bowie Public Improvement District during Fiscal Year 2015-2016. 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, 2015, and ending September 30, 2016, 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 q S TO FORM AND LEGALITY: Maleshia B. Farmer ar J.K '° Senior Assistant City Attorney City Secretary M&C: BH-335 Adopted and Effective: September 15, 2015 Ordinance No. 21863-09-2015 Page 1 of 1 FORTWORTU, Wh ; CD 7 w IIII IIII IIIIIIIIIII IIIIIII �� III�� III Y V' 19 6 IIII I, r^ i r i f'%� j n M 1 �'✓ � b n G D � �� C "�' o q >< 199 77 83 " CAMP BOWIE ,,,,,,� , , � n ✓ � �//ii��ii/„i ��” �'s ,��" ;, � ��, � � � � � �;,; ."" / r LEGEND = PID 8 - CAMP BOWIE 0 0.5 1 2 Miles lam re pared on:August 19, 2014 COPYRIGHT 2014 CITY OF FORT WORTH. UNAUTHORIZED REPRODUCTION IS A VIOLATION OFAPPLICABLE LAWS. THII PRODUCT IS FOR INFORMATIONAL PURPOSES AND MAY NOT HAVE BEEN PREPARED FOR OR BE SUITABLE FOR LEGAI ENGINEERING, OR SURVEYING PURPOSES.IT DOES NOT REPRESENTAN ON-THE-GROUND SURVEYAND 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 PID#8 CAMP BOWIE PROPOSED BUDGET&SERVICE PLAN FY 15/16 FY 16/17 FY 17/18 FY 18/19 FY 19/20 REVENUES PID Assessments $ 410,685 $ 420,000 $ 425,000 $ 430,000 $ 435,000 City Payment in-lieu of Services $ 39,761 $ 39,761 $ 39,761 $ 39,761 $ 39,761 Prior Year's Assessment $ 47,520 $ 65,368 $ 62,468 $ 52,468 $ 48,868 Total Revenues $ 497,966 $ 525,129 $ 527,229 $ 522,229 $ 523,629 EXPENSES Management Fee $ 82,137 $ 84,000 $ 85,000 $ 86,000 $ 87,000 Water $ 16,000 $ 20,000 $ 22,000 $ 24,000 $ 24,000 Utilities $ 2,500 $ 3,500 $ 4,000 $ 4,500 $ 4,500 Landscape Management Fee $ 39,000 $ 39,000 $ 39,000 $ 39,000 $ 39,000 Median/ROW Mowing $ 47,261 $ 47,261 $ 47,261 $ 47,261 $ 47,261 Landscape Maintenance $ 77,000 $ 77,000 $ 85,000 $ 95,000 $ 95,000 Beautification $ 130,000 $ 160,000 $ 160,000 $ 145,000 $ 145,000 Capital Improvements $ - $ - $ - $ - $ - Marketing $ 12,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 Insurance $ 6,500 $ 6,500 $ 7,000 $ 7,000 $ 7,000 Annual Review(Audit) $ 12,000 $ 12,000 $ 12,000 $ 12,000 $ 12,000 City Administrative Fee $ 8,200 $ 8,400 $ 8,500 $ 8,600 $ 8,600 Budget Expenses $ 432,598 $ 462,661 $ 474,761 $ 473,361 $ 474,361 Estimated Operating Reserve $ 65,368 $ 62,468 $ 52,468 $ 48,868 $ 49,268 Total Expenses $ 497,966 $ 525,129 $ 527,229 $ 522,229 $ 523,629 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/1512015 -Ordinance Nos. 21863-09-2015 & 21864-09- 2015 DATE: Tuesday, September 15, 2015 REFERENCE NO.: BH-335 LOG NAME: 17NS PID8FY16PBH SUBJECT: Conduct a Public Benefit Hearing for Public Improvement District 8, Camp Bowie Corridor PID, Approve Proposed 2015-2016 Budget in the Amount of$497,966.00 and Five-Year Service Plan and Proposed Assessment Roll, Adopt Ordinance Levying Special Assessments for the 2015 Tax Year in the Amount of $410,685.00, Authorize Transfer in the Amount of$39,761.00 from the General Fund to the Fort Worth Public Improvement District 8 — Camp Bowie Fund for the City's Payment in Lieu of Services, Adopt Appropriation Ordinance to Increase Estimated Receipts and Appropriations in the Fort Worth Public Improvement District 8— Camp Bowie Fund in the Amount of$497,966.00 and Authorize Transfer in the Amount of$8,200.00 for Administrative Fees from the Fort Worth Public Improvement District 8 — Camp Bowie Fund to the General Fund and Authorize Execution of an Agreement with Camp Bowie District, Inc., to Manage the District (COUNCIL DISTRICTS 3 and 7) 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 8, Camp Bowie Corridor Public Improvement District for the 2015 tax year; 2. Approve the attached Fiscal Year 2015-2016 Budget and Five-Year Service Plan for the Camp Bowie Corridor Public Improvement District; 3. Adopt the attached ordinance levying special assessments on the property in the Camp Bowie Corridor Public Improvement District, subject to assessment for the 2015 tax year; 4. Authorize a transfer in the amount of $39,761.00 from the General Fund to the Fort Worth Public Improvement District 8 — Camp Bowie Fund for the City's Payment In-Lieu of Services; 5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 8 — Camp Bowie Fund in the amount of $497,966.00 from available funds; 6. Authorize a transfer in the amount of $8,200.00 for administrative fees from the Fort Worth Public Improvement District 8 — Camp Bowie Fund to the General Fund contingent upon the adoption of the attached ordinance levying assessments; and 7. Authorize the execution of an Agreement with Camp Bowie District, Inc., in the amount of $82,137.00 to provide management and improvement services for the Camp Bowie Corridor Public Improvement District during Fiscal Year 2015-2016. r , On DISCUSSION: On December 16, 2008, (M&C G-16380) the City Council adopted Resolution No. 3697-12-2008 reestablishing Public Improvement District 8 (Camp Bowie Corridor PID). The purpose of this benefit hearing is to receive comments from the public regarding the 2015-2016 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 2015 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 and appropriations to the Fort Worth Public Improvement District 8 — Camp Bowie Fund . On September 1, 2015, (M&C BH-327) the City Council conducted a public hearing to receive comments on the proposed 2015-2016 Fiscal Year Budget and Five-Year Service Plan for the PID. Notice of this benefit hearing was published in the newspaper and mailed to all record owners of property in the Camp Bowie Corridor PID, in accordance with state law. The improvements and services to be provided in the PID and the costs thereof are as follows: Improvements Total Budgeted Costs Management Fee $ 82,137.00 Water $ 16,000.00 Utilities $ 2,500.00 Landscape Management $ 39,000.00 Median/Right-of-Way Mowing $ 47,261.00 Landscape Maintenance $ 77,000.00 Beautification $ 30,000.00 Marketing $ 12,000.00 Insurance �� $ 6,500.00 Annual Review (Audit) �— $ 12,000.00 City Administrative Fee $ 8,200.00 Budget Expenses $432,598.00 Estimated Operating Reserve $ 65,368.00 Total Expenses $497,966.00 The total budgeted costs of the improvements and services are in the amount of $497,966.00. Of this amount, $410,685.00 will be funded by assessments collected on privately owned parcels located in the district by applying a rate of$0.10 cents to each $100.00 of property value for commercial property. The remainder of the costs in the amount of $87,281.00 will be funded by the amount of $39,761.00 from the City for Payment In-Lieu of Services and the amount of$47,520.00 from prior year's assessments. The Camp Bowie Corridor PID is located in COUNCIL DISTRICTS 3 and 7. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations and the adoption of the Fiscal Year 2015-2016 Budget by the City Council to include the above recommended item(s), funds will be available in the Fiscal Year 2016 operating budgets, as appropriated, of the Fort Worth Public Improvement District 8 - Camp Bowie Fund. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers 4) 5) 28508 4910100 019508002000 $39,761.00 4) 10100 5330201 0807071 $39,761.00 5)28508 4990000 019508002000 $497,966.00 6)28508 5900010 019508002000 $8,200.00 5)28508 5XXXXXX 019508002000 $497,966.00 6) 10100 4401001 0191000 $8,200.00 CERTIFICATIONS: Submitted for City Manager's Office b . Fernando Costa (6122) Originating Department Head: Allison Gray (8030) Additional Information Contact: Scott McDonald (6203)