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HomeMy WebLinkAboutOrdinance 16103~,. Ordinance N ~~" ~~ 0 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF $37 516 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING IMPROVEMENTS AND SERVICES IN PUBLIC IMPROVEMENT DISTRICT NO 6 (PARK GLEN); 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 2004-2005 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 $37,516 from available funds for the purpose of funding improvements and services in Public Improvement District No. 6 (Park Glen). 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 2004 and ending September 30 2005, 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ED 'PTO FORM AND LEGALITY As ista ify orney ADOPTED AND EFFECTIVE. oL. REVENUE.PROJECTIONS FY 04/05 FY 05/06 FY 06/07 FY 07/08 FY 08/09 Assessment 1,053,947 1 077,507 1,092,263 1,099,524 1,074,325 City Reimbursement 37,516 38,500 39,500 41,000 43,500 Total Revenue 1,091,463 1,116,007 1,131,763 1 140,524 1,161,325 EXPENSE PROJECTIONS PID 6 Management 49,500 51,000 52,500 53,000 54,500 Office Expense & website 4,800 5,000 5,200 5,400 5,600 Insurance 22,000 22,500 23,000 23,500 24,000 City Administration 22,000 23,000 24,000 27,000 28,000 Contingency 10,000 10,000 10,000 10,000 10,000 Public Events 25,000 25,250 25,500 25,750 28,000 Officer Patrols 105,000 108,000 110,000 113,000 115,000 Replacement Reserves 20,000 20,000 20,000 20,000 20,000 Electricity 13,000 14,000 14,500 15,000 15,500 Electrical Maintenance. 5,000 5,000 5,000 5,000 5,000 Holiday Lighting 13,000 14 000 14,500 15,000 15,500 Water 123,000 126,000 127 000 128,000 129,000 Irrigation Maintenance 60,000 60,000 60,000 60,000 60,000 Mowing,landscape,horticultural 406,166 410,000 415,000 420,000 425,000 T sh emoval & ek cleaning 14,860 15,257 15,563 15,874 16,225 T Maintenance 61,872 62,000 63,000 64,000 65,000 Fence Maintenance 42,585 105,000 107,000 110,000 115,000 Capitallmprovement 93,680 40,000 40,000 30,000 30,000 TOTAL EXPENSES 1,091,463 1,116,007 1,131,763 1,140,524 1,161,325 City Reimbursement (37,516) (38,500) (39,500) (41,000) (43,500) NET EXPENSES 1,053,947 1,077,507 1,092,263 1,099,524 1,117,825 Sample Assessment @ $0.17/$100.00 Assessment Home slued @ $100,000 $170.00 Home slued ~ 150,000 $255.00 Home slued ~ 200,000 $340.00 Home slued @ 250,000 $425.00 NOTES: 1 PID MANAGEMENT DOES NOT INCLUDE ANY MANAGEMENT FEES FOR HOMEOWNER ASSOCIATIONS 2. CITY ADMINISTRATION FEE IS CALCULATED AT 2% OF THE ANNUAL BUDGET 3. PUBLIC EVENTS ARE SCHEDULED ANNUAL SOCIAL 8 FIREWORKS DISPLAY & QUARTERLY NEWSLETTER 4. REPLACEMENT RESERVES ESTABLISHED FOR FUTURE MAJOR REPLACEMENT OF FENCE/IRRIGATION 5. IRRIGATION SYSTEM MAINTENANCE DUE TO AGE AND HISTORY OF REQUIRED MAINTENANCE REPAIRS 6. MOWING/LANDSCAPING EXPENSE REDUCED BY REDUCING THE LABOR 8 RESCHEDULING WITHOUT COMPROMISING THE LEVEL OF SERVICE AND INCREASED THE AREAS OF SERVICE. 7 TREE CARE INCREASE DUE TO HIGHER COST OF LABOR/EQUIPMENT TO PRUNE MA7 AND PRUNING OF TREES IN COMMON AREAS NOT INCLUDED IN PREVIOUS YEARS. 8. FENCE MAINTENANCE DECREASE DUE TO LESS REQUIREMENT FOR NEXT 12 MONTHS AND DEFER THE MAJOR REPLACEMENT UNTIL RESERVES INCREASE. 9. CAPITAL IMPROVEMENT INCREASE FOR FENCE INSTALLATION ON PREWETT AFTER SCHEDULED PREWETT RD. CONSTRUCTION IN LATE 2005 AND PLANNED ELECTRICAL INSTALLATION ON No. BEACH AND No. TARRANT PKWY Cify of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 8/31/2004 Ordinance No 16103 DATE Tuesday August 31 2004 LOG NAME 13PID6PUBHEAR REFERENCE NO G-14481 SUBJECT Public Hearing Fort Worth Public Improvement District No 6 (PARK GLEN) Adopt a Budget and Service Plan Authorize a Contract with Premier Communities to Provide Management Services fior the District, Adopt an Ordinance Appropriating Certain Funds for the District, Adopt a Proposed Assessment Roll and Set a Benefit Hearing Date for Fiscal Year 2004-2005 RECOMMENDATION It is recommended that the City Council. Hold a .public hearing concerning the plan of services and budget for FY 2004-2005 and 2. Adjourn such public hearing and 3 Approve the attached service plan and budget for FY 2004-05 as recommended by the Advisory Body of P1D 6 and 4 Authorize the transfer of $37 516 from the General Fund to the Special Assessment District Fund PID No 6 FY 2004-2005 project account contingent upon the adoption of the FY 2004-2005 proposed budget; and 5 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $37 516 in the Special Assessment District Fund from available funds contingent upon the adoption of the FY 2004-2005 proposed budget; and 6 Adopt the proposed 2004 assessment roll which is on file with the City Secretary and set Tuesday September 21 2004 at 10.00 a.m in the City Council Chamber as the time and place for the benefit hearing and 7 Direct the City Secretary to give notice of the September 21 2004 hearing in accordance with State Law• and 8. Approve adding to the 2004-2005 budget, as contingency any unencumbered revenues from the PID No 6 assessments from prior years, and 9 Authorize the transfer of $22,000 for administrative fees from the Special Assessment District Fund PID 6 FY 2004-05 project account to the General Fund contingent upon the adoption of the proposed 2004 assessment roll and 10 Authorize the City Manager to execute a contract with Premier Communities to provide improvements and services in the PID No 6 during FY 2004-2005 for the sum of $1 091 463 contingent upon the adoption of the proposed 2004 assessment roll and related appropriation ordinance Lo~name 13PID6PUBHEAR PaSJP, 1 ~f ~ DISCUSSION On September 29 1998 (M&C G-12341) the City Council established Fort Worth Public Improvement District No 6 State law requires an annual report on the plan of services and proposed budget, which are included as part of this Mayor and Council Communication The general nature of the proposed improvements and/or services to be provided by the district shall include a. An improvement district landscaping construction and maintenance program consisting of the planting and maintenance of special supplemental landscaping the maintenance of supplemental irrigation systems and park maintenance and b Special fencing in and along boulevards parks and open spaces and c. Supplementary security service provided by off-duty law enforcement personnel• and d. An improvement district management program to provide for the administration management and operation of the district. PID No 6 is located in COUNCIL DISTRICT 4 FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon approval and completion of the above recommendations 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 16) GG01 481306 0134010 $22.000.00 (6) GS87 539120 002506002000 $22.000.00 f4) l5) GS87 472001 002506002000 $37,516.00 {7) GS87 539120 002506002000 $1,091,463.00 15) GS87 539120 002506002000 $37.516.00 (4) GG01 538070 0905800 $37,516.00 Submitted for City Manager's Office by_ Charles Boswell (8511) Originating Department Head Jim Keyes (8517) Additional Information Contact• Skipper Shook (8518) Lo~name• 13PID6PUBHEAR Page 2 ~f 2