HomeMy WebLinkAboutOrdinance 14376ORDINANCE NO. / / 3
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL ASSESSMENT DISTRICT FUND IN
THE AMOUNT OF $956,470 FROM AVAILABLE FUNDS FOR THE
PURPOSE OF PROVIDING FISCAL YEAR 2000-2001 FUNDING FOR
IMPROVEMENT DISTRICT NO. 6; PROVIDING FOR A SEVERABILITY
CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR
ORDINANCES AND REPEALING ALL 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 n addition to those amounts allocated to the various City departments for the Fiscal Year 2000-
2001 and in the Budget of the City Manager, there shall also be increased estinated receipts and
appropriations in the Special Assessment District Fund in the amount of $956,470 00 from available
funds for the purpose of fundng the public improvements and services for Fort Worth Public
Improvement District No 6
SECTION 2.
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 inpa~r the remainng portions, sections, or parts of sections of this ordinance, which said
remaining prov~sioris shall be and remain n full force and effect.
SECTION 3.
That this ordinance shall be cumulative of Ordinance No 13951 and all other ordinances and
appropriations amending the same except n those instances where the provisions of this ordnance
are n direct conflict with such other ordinances and appropriations, in which nstance said conflicting
provisions of said prior ordinances and appropriations are hereby expressly repealed.
SECTION 4.
This ordinance shall take effect and be n full force and effect from and after the date of its passage,
and rt is so ordained.
APPROVED AS TO FORM AND LEGALITY:
Assistant ity Attorney
(J ~ V
Date
l0 /7-00
Adopted
-/7r ~~
Effective
City of Fort Worth, Texas
~1-~Ayor And C,ounc~l ~amn~un~cAtian
DATE REFERENCE NUMBER LOG NAME PAGE
10/17/00 BH-196 13BH-PID6 1 of 2
SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND BENEFIT HEARING FOR FORT
WORTH PUBLIC IMPROVEMENT DISTRICT NO 6 (PARK GLEN RESIDENTIAL
AREA) AND LEVYING OF ASSESSMENTS FOR FISCAL YEAR 2000-2001
RECOMMENDATION
It is recommended that the City Council take the following actions regarding the Fort Worth Public
Improvement District No 6 (PID No 6)
1 Hold a benefit hearing concerning the proposed property assessments for FY2000-2001, on
October 17, 2000; and
2 Close the benefit hearing, and
3 Adopt the attached ordinance which levies the proposed assessments, and
4 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$956,470 in the Special Assessment District Fund from available funds
DISCUSSION
On October 3, 2000 (M&C G-13020), the City Council directed that certain improvements and/or
services shall be provided in PID No 6 during Fiscal Year 2000-2001 It also adopted the proposed
assessment roll and provided notice of this benefit hearing
The improvements to be provided and the costs thereof are as follows
TOTAL COST TO BE ASSESSED
Maintenance and Landscaping $ 744,500 $668,770
Security Patrols $ 84,160 $ 75,600
City Administration Fee $ 10,000 $ 10,000
Operating Expenses $ 41,059 $ 36,882
Replacement Reserves $ 102,395 $ 90,961
Contingency $ 10,000 $ 8,983
Homeowners Assn & Community Events $ 72,665 65 274
TOTAL $1,064,779 $956,470
The $108,309 difference between total costs and assessments reflects a direct reimbursement from the
City of Fort Worth for park maintenance, which was appropriated from the General Fund by City Council
action on October 3, 2000, (M&C G-13020)
All costs of improvements shall be assessed against private property located in the district and the
owners of the property The City Manager has filed with the City Secretary a proposed assessment roll
and an estimate of the assessments against each parcel
City of Fort Worth, Texas
~1-~A~ar And caunc~l C,afrt~rtun~cAt~an
DATE REFERENCE NUMBER LOG NAME PAGE
10/17/00 BH-196 136H-PID6 2 of 2
SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND BENEFIT HEARING FOR FORT
WORTH PUBLIC IMPROVEMENT DISTRICT NO 6 (PARK GLEN RESIDENTIAL
AREA AND LEVYING OF ASSESSMENTS FOR FISCAL YEAR 2000-2001
Based on the appraised value of the property, and considering the benefits to be received from the
proposed improvements, it is the opinion of City staff that each parcel of property will be enhanced in
value by an amount equal to, or more than, the proposed assessments upon completion of the
improvements in accordance with the PID No 6 management contract between the City and Principal
Management Group
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon adoption of the attached appropriation ordinance, funds will be
available in the current operating budget, as appropriated, of the Special Assessment District Fund
CBj
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
GS87 488342 002600000000 $956,470 00 19
r'rf7V Y E~
Charles Boswell 8511 GS87 539120 002600000000 $956,470 00 CI ~
TY C4
Originating Department Head: UN~ IL
DCT 1
Jim Keyes 8517 (from)
7 ?000
Additional Information Contact: ~ ~~a~wJ
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Linda Brown 6030 p
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Al~+~pts=d 4rcflnance No, /Y~?S Adapted Qr~lrlance iVo, /5~3T~