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HomeMy WebLinkAboutOrdinance 13929Ordinance No. 0 ~ ` : AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENT DISTRICT FUND IN THE A1VfOUNT OF $80,358.00 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING THE FORT WORTH PUBLIC 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 in addition to those amounts allocated to the various City departments for the Fiscal Year 1999-00 and 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 $80,358.00 from available funds for the purpose of funding the Fort Worth Public Improvement District No. 6. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall m no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3 That this ordinance shall be cumulative of Ordinance No. 13540 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4 This ordinance shall take effect and be in full force and effect after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY Assistant City Attorney q1~~9~ Date "l~~-~-1 Adopted Q ~ - ~~ Effective AUG 10 '99 08 12AM PRINCIPAL MANA6EIhENT P 2 REIASED FIVE YEAR SERVICE PLAN tUpdateq August a, 1998) FY 98100 FY 00101 FY 01!02 FY 02103 FY 03104 REVENUE PROJECTS Assessment Revenues 708,782 748,782 75$,882 787,982 782,0®a City Reimbursement 80,358 81,563 82,797 84,029 85,289 Total Revenues 788,750 851,365 856,878 84x,021 847,361 EXPENSE PROJECTIONS CIty Administration 10,000 1 p,ODp 10,Op0 10,Op0 1 p,000 Offlc~r Patrols 84,18D 85,002 t3b,$52 88,710 87,577 TurF& Tree Cultivation, Mowing, Edging, Irrigation Checks, and Bed Malrttenance 350,000 387,500 874,850 388,b98 397,678 Irrigation Repairs 27,000 27,540 28,091 28,853 29,228 Plant Material Replacement 13,OD0 13,280 13,526 13,788 14,p72 Fence Paintin®S Repairs 25,000 25,600 26,010 26,630 27,081 Ground Lighting Maintenance 2,000 2,000 2,000 2,000 2,000 Holiday Lighting 12,000 14,500 8,100 15,000 8,500 Trash Pick-up & Rough Mowing 57,000 57,670 68,148 68,727 59,314 Water ~ 65000 66,950 68,959 71,027 73,158 Electricity $,$00 8,Q84 9,336 9,Q16 8,804 SUB-TOTAI. MAINTENANCE ~ SECURITY 843,880 fi68,886 675,888 698,155 709,491 Replacement Reserve 38,270 54,843 52,344 34,544 27,880 PIO Manager 29,700 30,294 30,900 31,518 32,148 Park Bend Homeowners Aeeoc. 4,200 4,200 4,200 4,200 4,200 Park place Homeowners Assoc. 4,700 4,700 4,700 4,700 4,700 Summerbrook Homeowners Assoc. 3,800 3,800 8,800 3,800 3,800 Parkway Homeowners Assoc. 3,800 3,600 3,8p0 3,800 3,800 hark Glen N. Aeeoc. 25,570 28,500 28,750 28,900 27,070 Insurance 4,150 4,233 +1,318 4,404 4,492 Professional Services 90,000 90,000 10,004 10,000 10,000 Contingency 10,000 10,OOD 1o,oop 70,DD0 90,p00 SUB-TpTAI. MGMT & MISC. SERVICES 135,190 152,470 150,812 139,8t38 127,89D TOTAL EXPENSI=S 789,150 831,356 836,678 642,02D 847,381 LESS CITY REIMBURSEMENT 80,358 8{ 1,58x) (62,787) {84,029) (85,289) DIET EXPENSE FC1R A$$ESSiiIENT 708,785 749,795 753,898 7S7,g9g 762,092 Assessmen/ Rate psr $100 of Assessed Value 0.21 0,20 0.196 p.149 0.'195 typical Assessment for Home ~ $ 90,000 $189.00 3180.00 $175.60 $175.60 5175.50 Typical Assessment for Home ~ 3100,000 3210.00 $200.00 $195.00 3185.00 3185A0 Typical Assessment for Hame ~ 5120,000 5252.00 $240.00 $234.00 $234.OD $234.00 typical Assessment for Home ~ $150,000 $315.00 3300.00 3292.50 $292.50 $292.50 Typical Assessment far Home (~ $170,000 $357.00 $340A0 3331.50 $331.60 53$1 60 City of Fort Worth, Texas n~Ayar And Caunc~l Cammun~cAt~an DATE REFERENCE NUMBER LOG NAME PAGE 9~7~99 G-12656 13HEAR6 1 of 2 SUBJECT PUBLIC HEARING AND APPROPRIATION ORDINANCE FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 6 AND ACTION CONCERNING THE ANNUAL PLAN OF SERVICES, BUDGET AND SETTING BENEFIT HEARING FOR FISCAL YEAR 1999- 2000 RECOMMENDATION It is recommended that the City Council take the following action regarding Fort Worth Public Improvement District No 6 (PID No 6) 1 Hold a public hearing concerning the plan of services and budget for FY 1999-2000, and 2 Adjourn such public hearing, and 3 Approve the attached service plan and budget for FY 1999-2000 as recommended by the Advisory Board of PID No 6, and 4 Authorize the transfer of $80,358 00 from the General Fund to the Special Assessment District Fund, PID No 6, FY 1999-2000 project account; and 5 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $80,358 00 in the Special Assessment District Fund from available funds, and 6 Authorize the transfer of $10,000 00 for administrative fees from the Special Assessment District Fund, PID No 6, FY 1999-2000 project account to the General Fund, and 7 Authorize the City Manager to contract with Principal Management Group to provide improvements and services in the PID No 6 during FY 1999-2000 for the sum of $789,150 00; and 8 Adopt the proposed 1999 assessment roll which is on file with the City Secretary and set Tuesday, September 28, 1999, at 10 00 a m in the City Council Chamber as the time and place for the benefit hearing, and 9 Direct the City Secretary to give notice of the September 28, 1999, hearing in accordance with state law; and 10 Approve adding to the 1999-2000 budget, as contingency, any unencumbered revenues from the PID No 6's assessments from prior years DISCUSSION By M&C G-12341 approved September 29, 1998, the City Council established Fort Worth Public Improvement District No 6 City of Fort T~'orth, Texas M'jAyur and L'aunc~l Cammun~cAt~un DATE REFERENCE NUMBER LOG NAME PAGE 9/7/99 G-12656 13HEAR6 2 of 2 SUBJECT PUBLIC HEARING AND APPROPRIATION ORDINANCE FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 6 AND ACTIO~1 CONCERNING THE ANNUAL PLAN OF SERVICES, BUDGET AND SETTING BENEFIT HEARING FOR FISCAL YEAR 1999- 2000 The general nature of the proposed improvements and/or services to be provided by the district shall include 1) 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, 2) special fencing in and along boulevards, parks and open spaces, 3) supplementary security service provided by off-duty law enforcement personnel, and 4) an improvement district management program to provide for the administration, management and operation of the district. State law requires an annual report on the plan of services and proposed budget, which are included as apart of this M8~C 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 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) _ (4&5) GS87 472001 002600000000 $ 80,358.00 ~`~ ~~ ~" ~~ Charles Boswell 8511 6 GG01 O 481306 0134010 $ 10,000.00 ' ``~ `~ "'~ ' r'. w ,'; ~, Originating Department Head: (5) GS87 539120 002600000000 $ 80,358.00 ~ Jim Keyes 8517 (from) (4) GG01 538070 0905800 $ 80,358.00 Additional Information Contact: (7) GS87 539120 002600000000 $789,150.00. __ ~~ _ ^ (6) GS87 539120 002600000000 $ 10,000.00 ~~~-, Linda Brown 6030 z rp ;Im~~