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HomeMy WebLinkAboutOrdinance 14378ORDINANCE NO. ~~~ 7~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF $244,000 FROM AVAILABLE FUNDS FOR THE PURPOSE OF PROVIDING FISCAL YEAR 2000-2001 FUNDING FOR IMPROVEMENT DISTRICT NO. 8; 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 in addition to those amounts allocated to the various Crty departments for the Fiscal Year 2000- 2001 and in the Budget of the City Manager, there shall also be increased estunated receipts and appropriations in the Special Assessment District Fund in the amount of $244,000 00 from available funds for the purpose of funding the public improvements and services for Fort Worth Public Improvement District No 8 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 unparr 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 from this day forward 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, inwhich instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect and be in full force and effect from and after -the date of its passage, and rt is so ordained. APPROVED AS TO FORM AND LEGALITY: Assistant C Attorney a f ~-oa Adopted D ~ c~ U Date /D -/7--oD Effective City of Fort Worth, Texas ~11~Ayar And aunc~l aininun~cAt~crn C ~ DATE REFERENCE NUMBER LOG NAME PAGE 10/17/00 BH-197 13BH-PID8 1 of 2 SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND BENEFIT HEARING FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 8 (CAMP BOWIE) 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 8 (PID No 8) 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 $244,000 in the Special Assessment District Fund from available funds DISCUSSION On September 26, 2000 (M&C G-13022), the City Council directed that certain improvements and/or services shall be provided in PID No 8 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 Marketing/Promotion and Special Event Program $ 60,000 Communication and Information Program $ 33,000 Planned Capital Improvement, Clean Up and Beautification Program $110,000 General Office Administration $ 36,000 City Administrative Fee 5 000 TOTAL $244,000 Total costs for improvements and service in the district are to be paid wholly from assessments with no reimbursement from the City of Fort Worth 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 w~ City of Fort Worth, Texas A ar And auncil C,a~rti»un~cAt~an ~~ ~ ~ DATE 10/17/00 REFERENCE NUMBER BH-197 LOG NAME 13BH-PID8 PAGE 2 of 2 SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND BENEFIT HEARING FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 8 (CAMP BOWIE) 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 8 management contract between the City and Historic Camp Bowie, lnc. 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 002800000000 $244,000.00 a~R~V~p Charles Boswell 8511 GS87 539120 002800000000 $244,000.00 CITY COUNCIL Originating Department Head: 0 C T 17 200 Jim Keyes 8517 (from) 0 , Y~' Additional Information Contact: ~`.`~ ~"°~° Clfq qf~p I'i'~o tlt Te e Judy Walton 8334 , Z s Adapted ~rcfirlars;~ a~~~ Adopted Ort~cxlal``c~ ~~a, /~/~~