HomeMy WebLinkAboutOrdinance 13949Ordinance No.~,q~,,,,_,
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL ASSESSMENT DISTRICT FUND IN
THE AMOUNT OF 5604,750 FROM AVAILABLE FUNDS FOR THE
PURPOSE OF PROVIDING FISCAL YEAR 1999-2000 FUNDING FOR
IMPROVEMENT DISTRICT NO. 1; 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-
2000 and in the Budget of the City Manager, there shall also be increased estimated receipts and
appropriation:> in the Special Assessment District Fund in the amount of $604,7S0 00 from available
funds for the purpose of providing fiscal year 1999-2000 funding for Improvement District No 1
SECTION 2.
Should any portYOn, section or part of a section of this ordinance be declared invalid, inoperative or
void for any mason by a court of competent jurisdiction, such decision, opinion or judgment shall in
no way unpavr 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 13617 and all other ordmances and
appropriations amending the same except in those instances where the provisions of this ordinance
aze indirect 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provisions of said prior ordinances and appropriations are hereby expressly repealed.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 from and after the date of rts passage,
and it is so ordained.
APPROVED AS TO FORM AND LEGALITY:
G~-
Assistant City Attorney
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Date
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Adopted r
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Effective
City of Fort Worth, Texas
~1-~Ayar And C,aunc~l Cammun~cAt~an
DATE REFERENCE NUMBER LOG NAME PAGE
9/28/99 BH-193 13PID1 1 of 2
SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND BENEFIT HEARING FOR FORT
WORTH PUBLIC IMPROVEMENT DISTRICT NO 1 AND LEVYING OF ASSESSMENTS
FOR FISCAL YEAR 1999-2000
RECOMMENDATION
It is recommended that the City Council take the following actions regarding Fort Worth Public
Improvement District No 1 (PID 1)
1 Hold a benefit hearing concerning the proposed property assessments for FY 1999-2000 on
September 28, 1999; 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
$604,750 in the Special Assessment District Fund from available funds.
DISCUSSION
On September 7, 1999, the City Council adopted M&C G-12655 which directed that certain
improvements and/or services (the "Improvements") shall be provided in PID 1 during the 1999-2000
fiscal year It also adopted the proposed assessment roil and provided notice of this benefit hearing
The improvements to be provided and the costs thereof are:
Total Cost To Be Assessed
Maintenance and Landscaping Program $543,924 $335,652
Promotions Program 46,950 28,973
Marketing Program 67,500 41,654
Security Program 23,165 14,295
Transportation and Parking Program 89,642 55,318
City Administration Fee 5,000 5,000
Management Program 20_ 3,$13 12~85~
TOTAL $979,994 $604,750
The $375,244 difference between total costs and assessments includes $233,144 in direct payments
from the City, $122,100 in revenues from district activities and $20,000 from other miscellaneous
revenue sources, including the use of district reserve funds, if necessary
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City of Fort Worth, Texas
n-~uycfr And Caunc~l Cammun~cAt~an
DATE
9/28/99 REFERENCE NUMBER
BH-193 LOG NAME
13PID1 PAGE
2 of 2
SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND BENEFIT HEARING FOR FORT
WORTH PUBLIC IMPROVEMENT DISTRICT NO 1 AND LEVYING OF ASSESSMENTS
FOR FISCAL YEAR 1999-2000
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
Based on the appraised value of the property, and considering the benefits to be received from the
proposed improvements, it is the opinion of the 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 contract.
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
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Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
GS87 488342 002100000000 $604,750.00
Charles Boswell 8511 GS87 539120 002100000000 $604,750.00 gPFRpVED
Originating Department Head: T~ ~®~p'~fy
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Jim Keyes 8517 (from) C
~ ~ 1999
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Additional Information Contact:
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Linda Brown 6030 pity 8acretarq of tb.s
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