HomeMy WebLinkAboutOrdinance 16043Ordinance No ~O~ ~`3
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF $293,738 FROM
AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING IMPROVEMENTS AND
SERVICES IN PUBLIC IMPROVEMENT DISTRICT NO 1 (DOWNTOWN); 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 2003-2004 in the
Budget of the City Manager there shall also be increased estimated receipts and appropriations in the
Special Assessment District Fund in the amount of $293,738 from available funds for the purpose of
funding improvements and services in Public Improvement District No. 1 (Downtown):
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 cumulative of Ordinance No 15636 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ordinances and appropriations are hereby expressly repealed.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.
APP VED AS TO FORM AND LEGALITY
~leeist City Attorne
ADOPTED AND EFFECTIVE:
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION Approved on 7/20/2004 Ordinance #16043 & Resolution #3105
DATE Tuesday July 20 2004
LOG NAME 13PID1 PUBHEAR04 REFERENCE NO G-14435
SUBJECT
Public Hearing and Consideration of a Resolution Re-Establishing and Enlarging Fort Worth Public
Improvement District No 1 (Downtown) Adopt a Budget and Service .Plan Adopt an Ordinance
Appropriating Certain Funds for the District, Adopt a Proposed Assessment Roll and Set a Benefit
Hearing Date for Fiscal Year 2004-05 and Authorize a Contract with Downtown Fort Worth Inc. to
Provide Management Services for the District
RECOMMENDATION
It is recommended that the City Council take the following actions regarding the re-establishment and
enlargement of Fort Worth Public Improvement District No 1 (Downtown) (PID No 1)
1 Hold a public hearing concerning the following matters.
a. The advisability of re-establishing and enlarging the proposed district;
b The general nature of the proposed improvements and/or services
c. The estimated costs thereof•
d. The boundaries of the proposed district;
e The proposed method of assessment; and
f The proposed apportionment of costs between the improvement district and the City as a whole
and
2. Adjourn such public hearing and
3 Adopt the attached resolution which
a. Re-establishes a Public Improvement District under Chapter 372, Local Government Code (the
Act") to be known as the Fort Worth Public Improvement District No 1 (Downtown)
b Authorizes the City to exercise the powers granted by the Act in connection with the re-
establishment of the Public Improvement District;
c. Makes findings concerning the nature and advisability of the improvements and/or services to be
provided by the district, the estimated costs the boundaries of the district, the method of assessment and
the apportionment of costs between the district and the City as a whole
d Direct the City Secretary to publish notice of the re-establishment of the district as required by the
Logname: 13PID 1 PUBHEAR04 Page 1 of 3
Act; and
4 Approve the attached service plan and budget for FY 2004-05 as recommended by the Advisory Board
of PlD No 1 and
5 Authorize the transfer of $293 738 from the General Fund to the Special Assessment District Fund
PID No 1 FY 2004-2005 project account; and
6 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$293 738 in the Special Assessment District Fund from available funds and
7 Authorize the transfer of $26 600 for administrative fees from the. Special Assessment District Fund
PID No 1 FY 2004-05 project account to the General Fund and
8 Authorize the City Manager to contract with Downtown Fort Worth Inc. to provide improvements and
services in PID No 1 during FY 2004-05 for the sum of $1,330 000• and
9 Adopt the proposed 2004 assessment roll which is on file with the City Secretary and set Tuesday
September 7 2004 at 7 00 p m. in the City Council Chambers as the. time and place for the benefit hearing•
and
10 Direct the City Secretary to give notice of the September 7 2004 hearing in accordance with state
law• and
11 Approve adding to the 2004-2005 budget, as contingency any unencumbered revenues from PID
No 1 assessments from prior years.
DISCUSSION
On June 8 2004 the City Council received a petition requesting re-establishment and enlargement of PID
No 1 The petition established an advisory body to develop and recommend a service improvement and
assessment plan The Council approved M&C G-14405 at its regular and public meeting on June 29 2004
which found that the petition was sufficient, met the requirements of Chapter 372 of the Act and the City PID
policy and authorized the proceedings to re-establish PID No 1
The approved M&C G-14405 further set a public hearing on July 20 2004 at 10.00 a.m concerning various
matters regarding the re-establishment of PID No 1 The City Secretary gave notice of the hearing. as
prescribed by the Act.
The Act provides that after the public hearing is held the City Council may adjourn the hearing and within
six months after such adjournment, may make findings by resolution as to whether the proposed
improvement district should be re-established the nature costs and advisability of the proposed
improvements and/or services, the boundaries of the proposed district, the method of assessment and the
apportionment of costs between the district and the City as a whole If the Council decides to authorize
establishment of the district, such authorization takes effect when notice of the adopted resolution is
published once in a newspaper of general circulation
PID No 1 is located in COUNCIL DISTRICT 9
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FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval and completion of the above recommendations and the
adoption of the attached appropriation ordinance funds will be available in the FY 2004-2005 operating
budget, as appropriated of the Special Assessment District Fund
TO Fund/Account/Centers FROM Fund/Account/Centers
(5.6)GS87 472001 002501002000 $293.738.00 (S,LGG01 538070 0905800 $293.738.00
(6)GS87 539120 002501002000 $293.738.00 (7)GS87 539120 002501002000 $26.600.00
~7ZGG01 481306 0134010 $26.600.00 (8)GS87 539120 002501002000 $1.330.000.00
Submitted for City Manager's Office bk, Charles Boswell (6183)
Originating Department Head. Jim Keyes (8517)
Additional Information Contact: Linda Brown (6030)
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