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HomeMy WebLinkAboutOrdinance 21872-09-2015 ORDINANCE N . 21872-09-2015 AN ORDINANCE LEVYING ASSESSMENTS FOR THE COST OF CERTAIN IMPROVEMENTS AND/OR SERVICES PROVIDED IN FORT WORTH PUBLIC IMPROVEMENT DISTRICT N . 15 DURING FISCAL YEAR 2015-16; SETTING CHARGES AND LIENS AGAINST PROPERTY IN THE DISTRICT AND AGAINST THE OWNERS THEREOF; PROVIDING FOR THE COLLECTION OF SUCH ASSESSMENTS; RESERVING UNTO THE CITY COUNCIL THE RIGHT TO ALLOW CREDITS REDUCING THE AMOUNT OF THE RESPECTIVE ASSESSMENT TO THE EXTENT OF ANY CREDIT GRANTED; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Fort Worth, Texas, has heretofore directed that certain improvements and/or services(the "Improvements")shall be provided in the Fort Worth Public Improvement District No. 15 (the"District"); and WHEREAS, the District comprises approximately 132.20 acres of land bounded by David Strickland Road on the north, area to the south of and along Mosson Road, area to the west of and along Marie Jones Road, and east by Interstate Highway East Loop 820 South, excluding certain small tracts of tax-exempt, City-owned and property used for residential purposes within the District's boundaries; and WHEREAS,the Improvements to be provided in Fiscal Year 2015-2016 and their estimated costs are as follows: EXPENSES Security Patrol Services $ 67,000.00 Security Patrol Services- Vehicle Fuel, R&M, & Insurance $ 3,000.00 Management Costs $ 6,270.00 Website Development $ 400.00 Insurance $ 500.00 Administrative Costs-Audit/Accounting $ 1,500.00 City Administrative Fee $ 2,000.00 Budgeted Expenses $ 80,670.00 Estimated Operating Reserve $ 28,855.00 Total Expenses $ 109,525.00 The total budgeted costs of the improvements are$109,525.00. Of this amount, $73,622.00 will be funded by assessments collected on property subject to assessment in the District. The remainder of the costs, $35,903.00 will be funded from prior years' assessments; and WHEREAS, it is proposed that property subject to assessment in the District be assessed at a rate of$0.27 for each $100 of property value, as of January 1,2015 and determined by the appraisal district with jurisdiction over property in the District;and WHEREAS, the Improvements and proposed assessment roll were previously presented in a public hearing conducted by the City Council on September 1, 2015 (M&C BH-331)and have been on file in the office of the City Secretary for public inspection; and WHEREAS, the Improvements and proposed assessment roll was once again heard by the City Council on the 15`h day of September, 2015, at 7:00 p.m. in the Council Chamber in the City Hall in the City of Fort Worth, Texas(the "Public Hearing"), notice of which was published and mailed to all record owners of property in the District, and at such hearing all desiring to be heard were given a full and fair opportunity to be heard; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,TEXAS: SECTION 1. The Public Hearing is hereby closed and any and all protests and objections, whether herein enumerated or not, are hereby overruled. Ordinance No.21872-09-2015 Page 1 of 3 SECTION 2. The City Council, from all evidence before it, including all information provided to bond considered in the Public Hearing, finds that the uxxoxxmento herein described should be made and levied against the respective parcels of property in the District and against the owners of such property. Such assessments and charges are right and proper and are xubx/undoi|y in proportion to the benefits /o the respective parcels of property by means of the Improvements in the District for which such assessments are levied and establish substantial justice and equality and uniformity between all parties coucecne6, considering the benefits cocoivo6 and burdens imposed. The City Council further finds that in each case the property assessed is specially benefited in cu6uuce6 value /o the said property by means of the Improvements in the District and for which assessment is levied and charge mu6o, and further finds that the apportionment o[the cost o[the Improvements is in accordance with applicable law. The City Council, from the evidence further finds that the values of the respective parcels of property on January 1,2015, are true and correct. ' SECTION 3. Tbccc shall be, and are hereby, levied and ussoxae6 against the pmzc|o of property subject to assessment in the District and against the real and true ovvuccs thereof(whether such owners be correctly named herein or not), the sums of money itemized per parcel o[property, and the owners thereof, as far as such ovvuccs are known, at the following rate and method of payment: $0.27 per each$|O0o[value. SECTION 4. Where more than one person oc entity owns on iu/crcs/ in any property described herein, each such person oc entity shall bc personally |iub|c only for its, her or his pro oou share of the total assessment against such property in proportion to i/s, his or her respective interest to the total ownership such property, and its,his or her respective interest in such property may be released from the assessment lien upon payment ofu proportionate sum. SECTION 5. The several sums above mentioned and assessed against the said parcels of property, and owners thereof, and penalty and interest thereon at the rouc prescribed by Chapter 372, Texas Local Government Code (the Public Improvement District Assessment &ct). together with reasonable attorney's fees and cost o[collection, i[incurred, are hereby declared tube and are made a lien upon the respective parcels o[property against vv6ic6 the same are usscsscd, and opecsonu| liability and charge against the ceu| and true owners of such property, whether such owners be correctly named 6crcln or not, and such liens ubuU be and constitute the first euK/ocub|e lien and claim uguins//be property on which such assessments are |cvlcd, and shall be u first and paramount lien thereon, superior to all other liens and cluims, czccp/ stutc, cnuuty, school district and city ad valorem /uzux. & copy of this ordinance may be filed with the County Clerk o[Tarrant County, Tczux. and when so filed shall constitute complete and adequate legal notice tothe public concerning the liens hereby assessed against the respective parcels of property and the owners thereof. The sums so assessed against the respective parcels of property and the owners thereof shall be and become due and payable on or before January 3 1, 2016, and shall become delinquent if not paid by February l, 2Ol6. The entire amount assessed against each parcel of property shall bear penalty and interest, from and after February 1, 2016 at the same rate as prescribed by law for any delinquent ud valorem tax until paid. SECTION h. If default x6o|| be mo6c in the payment of any assessments, collection thereof shall be cnKzcccd by suit in any court of competent jurisdiction, and said City shall exercise all of its |uvv[u| powers to aid in the enforcement and collection of said assessments. SECTION 7. The total amount assessed against the respective poccc|x of property, and the owners thereof, is in accordance with the proceedings of the City hereto and is less than the proportion of the cost allowed and permitted by applicable law. SECTION 8. Although the aforementioned charges have been fixed, levied and assessed in the respective amounts herein stated, the City Council does hereby reserve the right to reduce the aforementioned assessments by allowing credits /o certain property owners where deemed appropriate and provided that such any such allowance does not result in any inequity and/or unjust discrimination. SECTION 9. Full pov/cc/o make and levy reassessments and to correct mistakes,cnrocx, iuvu\idkicx or irregularities in the uaxcuxmcn/x occ. Ordinance No. 2|872-09-20|5 Page 2o[3 bn accordance with the law in kroc in this City, vested in the City. SECTION 10. In any suit upon any assessment orreassessment, it shall be sufficient to allege the substance o[the provision recited in this ordinance and that such recitals are in but truc, and further allegations with reference 0othe proceedings relating to such assessment and reassessment yhuO not be necessary. SECTION IL 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 orjudgmcn1 shall in no vvuy impair the remaining portions, scotions, or parts of sections of this Ordinance, which shall remain in full force and effect. SECTION 12. This Ordinance sba|l be cmou|o1ivc of 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 upproprluuions, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly opcu|oJ. SECTION 13. This Ordinance shall take effect and be in full force and effect from and after the date of its passage. AND IT I8 SO ORDAINED. APPROVED AS FORM AND LEGALITY: ATTEST: Senior Assistant City Attorney City xecrcturyo' � M&C: T0B-3L32 Adopted and Effective: Ordinance No. 2|872-O9-20|5 Page 3o[3 FORTWORTH. Sun Valley Ii Improvement District 1 ' 5 � + 6 a 11 6 D 7 w j 1 .... ---- � „y - 28 �1J�1 l 1 AIL IIIL r III 1' IA G, r e �r III " UN VALLFY,r r a A ,I� IgBRUN"�, %r'% r r r li f i � I r . F�- a ( i 7 �IIdII�dIIIIIIIIIIIIII� END PID 15 ® SUN VALLEY Prepajed rare: AU ush 1�-� 201 OOPYRI HT 2014 CITY OF FORT ORT"I®I. UNAUTHORIZED I REPRODUCTION IS A=1 ATION OF APPLICABLE LAWS, TTHIa PRODUCT IS FOR INFORMATIONAL TONAL PURPOSE AND MAY NOT HAVE BEEN PREPARED ED FOR OR RR SUITABLE FOR LEGAI ENGINEERING, OR SURVEYING N"'URPOF .IT DOES O ESENTAN ON-THE-G)ROUND SURVEY A D PRESENTS T ONLY THE APPROXIMATE RELATIVE LOCATION OF FR �� OJN�ARIF THE CITY OF FORT WORTH ASSUMES NO RESPONSIBILITY FOR THE ACCURACY OF SAID DATA. City of Fort Worth PID#15 SUN VALLEY PROPOSED FIVE YEAR SERVICE PLAN FY 2015/16 FY 2016/17 FY 2017/18 FY 2019/19 FY 2019/20 Revenues PID Assessment 73,622 75,095 77,347 80,441 84,463 Holdover of Prior Years'Operating Revenue 35,902 28,855 19,379 10,157 3,978 Total Revenue 109,525 103,949 96,727 90,598 88,441 Expenses Security Patrol Services-Contract,Wages,&Taxes 67,000 71,000 73,000 73,000 74,000 Security Patrol Services-Vehicle,Fuel,R&M,Insurance 3,000 3,000 3,000 3,000 3,500 Management Costs 6,270 6,270 6,270 6,270 6,270 Insurance 500 500 500 500 500 Administrative Costs-Audit/Accounting 1,500 1,500 1,500 1,500 1,500 City Administration Fee 2,000 2,000 2,000 2,000 2,000 Website Development 400 300 300 350 400 Budgeted Expenses 80,670 84,570 86,570 86,620 88,170 Estimated Operating Reserve 28,855 19,379 10,157 3,978 271 Total Expenses 109,525 103,949 96,727 90,598 88,441 DATE: 9/15/2015 REFERENCE NO.: BH-33Q LOG NAME: 17NSP|[}15FY10PBH CODE: 'BH T�p�' NON- �D��U(� ' YES CONSENT HEARING: SUBJECT: Conduct Public Benefit Hearing for Public Improvement District 15, Sun Vo/kev P/[} Concerning the Proposed 2015-2U18 Budget in the Annountof$1UQ.525.UUan Five-Year Service Plan and Proposed Assessment Roll, Adopt Ordinance Levying Special Assessments for the 2U15 Tax Year in the Amount nf$73.O22OO. Adopt Appropriation Ordinance to Increase Estimated Receipts and Appropriations in the Fort Worth Public Improvement District 15—Sun Valley Fund in the Amount of$1O9.525.00$&0474.4)V] and Authorize Transfer in the Amount of$2,000.00 for Administrative Fees from the Fort Worth Public Improvement District 15 —Sun Valley Fund to the General Fund and Authorize Execution of an Agreement with ORA8/ [)ems|npnnent' LLO. to Manage the District (COUNCIL DISTRICT 5) RECOMMENDATION: |tka recommended that the City Council: 1. Conduct a public benefit hearing concerning the proposed special assessments on the property located in Public Improvement District 15. Sun Valley P|[}. for the 3O15 tax year; 2. Approve the attached 2015-2016 Fiscal Year Budget and Five-Year Service Plan for the Sun Valley Public Improvement District; 3. Adopt the attached ordinance levying special assessments on the property located in the Sun Valley Public Improvement District, subject to assessment for the 2015 tax year; 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 15 —Sun Valley Fund in the amount of $109,525 00$9A,674,Wfrnnn available funds; 5. Authorize a transfer in the amount of$2,000.00 for administrative fees from the Fort Worth Public improvement District 15—Sun Valley Fund to the General Fund contingent upon the adoption of the proposed ordinance levying assessments; and O. Authorize the execution of an Agreement with ORA8| Development, LLC, in the amount of$6,270.00 to provide management and improvement services for the Sun Valley Public Improvement District during Fi000| Year 2015-2016. DISCUSSION: On August 21. 2U12. (K8&CG-17054) the City Council adopted Resolution No. 412U-U8-2U12establishing Fort Worth Public Improvement District 15 (Sun Valley P|[). 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 P|[) and the proposed assessments tnbe levied oneach property in the P|[)for the 2U15 tax year. Following the public hearing, itis 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 15—Sun Valley Fund. On September 1' 2015. (M&CBH-331) the C�Coun�| mn��� apu�� h�h� � ���a �m0e� on the proposed ��unValley H[} and the 2O15-2O'O Fiscal Year Budget and Five-Year Service Plan for the pvoposeUP/[>. Notice of this benefit hearing was published in the newspaper and mailed to all record owners of property in the Sun Valley P|D' in accordance with state law. The improvements and services to be provided in the PID during the 2015-2016 Fiscal Year and the costs thereof are as fOU0vvs: Improvements Total Budgeted Costs Management Fee (4dnnin ) $ 6.270.00 SecuritvPot[o/ S8n/ic�s (VVaygs. Ta�en ' ` ' $O7ODOOO Worker's Compensation) ' � Security Patrol Services /V�h/u|e Fuel,' $ 3OOOOO Rep|gceDlent & K4ointenanne. Insurance) ' � Audit/Accounting $ 1.500.00 City Administrative Fee $ 2'000.00 VVebsiteDeve/opolent $ 400.00 Insurance $ 500.00 Budget Expenses $80,670.00 Estimated Operating Reserve $28.855.00 Total Expenses $109'525'00 The total budgeted costs of the improvements are jnthe amount mf$1OQ.525-OO. Of this amount, $73.022.00 will be funded by assessments collected on privately owned parcels located in the district by levying special assessments at a rate of$0.27 to each $100.00 of property value. The remainder of the costs in the amount of$35.QO2.00 will be funded from the prior year' s assessments. The Sun Valley P/[) is located in COUNCIL DISTRICT 5. FISCAL ' 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 15 —Sun Valley Fund. TO Fund/Account/Centers FROM Fund/Account/Centers 4} �� 28515 4XXXXXX 019515012000 �0���� ��0�� 41 8> 28515 5XXXXXX 019515012000 28515�8��i� ��YD0 Q10100 440.1001 ��X8� Fernando Costa (8122) Originating Department Head: Allison Gray (8O3O) Additional Information Contact: Charletta Moaning (7333) ATTACHMENTS PID-15 Sun Valley mar)Lpdf