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HomeMy WebLinkAboutOrdinance 13200Ordinance No ~~ ~ ~ D D' AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF $317,1QQ 00 FROM AVAILABLE FUNDS FOR THE PURPOSE OF PROVIDING FISCAL YEAR 1997-98 FUNDING FOR IMPROVEMENT DISTRICT NO 2, PROVIDING FOR A SEVERABILITY CLAUSE, MAKIlVG THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR ORDINANCES IN CONFLICT HEREWTTH, AND PROVIDING AN EFFECTIVE DATE. BE TT ORDAINED BY THE CTTY 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 1997-98 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 $317,100 00 from available funds for the purpose of providing fiscal year 1997-98 funding for Improvement District No 2. SECTION 2. Should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall m no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain m full force and effect. SECTION 3 That this ordinance shall be cumulative of Ordinance No 12701 and all other ordinances and appropriations amending the same except m those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4 This ordinance shall take effect and be in full force and effect and after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY Assistant City//Atto//rney l~l~~1~? Date ~a-a~-~7 Adopted ~, Effective f City of Fort Worth, Texas Mayor and Council Communication 10/21 /97 BH-0188 13PID2 I 1 of 2 svsJ$cT ADOPTION OF APPROPRIATION ORDINANCE AND BENEFIT HEARING FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 2 AND LEVYING OF ASSESSMENTS FOR FISCAL YEAR 1997-98 RECOMMENDATION It is recommended that the City Council take the following actions regarding Fort Worth Public Improvement District No 2 1 Hold a benefit hearing concerning the proposed property assessments for FY 1997-98 on October 21, 1997, 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 5317,100 in the Special Assessment District Fund from available funds DISCUSSION On September 23, 1997, the City Council adopted M&C G-12009 which directed that certain improvements and/or services (the "improvements") shall be provided in Fort Worth Public Improvement District No 2 during the 1997-98 fiscal year It also adopted the proposed assessment roll and provided notice of this benefit hearing The improvements to be provided and the costs thereof are A Maintenance and Landscaping Program Security Patrols City Administration Fee Operating Expenses Replacement Reserves Contingency Homeowners Assoc & Community Events TOTAL Total Cost To Be Assessed 5217,800 5209,800 59,250 59,250 10,000 10,000 22,180 22,180 8,570 8,570 4,000 4,000 3,300 3,300 5325,100 $317,100 Printed on Recyded Paper City of Fort Wordy Texas Mayor and Council Communication DATB RTsFERENCI3 NUMBER LOG NAtdB PAGE 10/21 /97 BH-0188 13PID2 2 of 2 SUBJECT gDOPTION OF APPROPRIATION ORDINANCE AND BENEFIT HEARING FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 2 AND LEVYING OF ASSESSMENTS FOR FISCAL YEAR 1997-98 The $8,000 difference between total costs and assessments reflects a direct reimbursement from the City of Fort Worth for park maintenance 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 Director of Fiscal Services 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 CB f Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) (4)GS87 488342 02200098000 $317,100.00 ~~~~ Charles Boswell 8511 (4)GS87 539120 02200098000 $317,100.00 ~~" ~.~7~ " ~ ~ ~ ~ ~~~ Originating Department Head; Jim Keyes 8517 (from) ;~a.,; ' For Additional Information "`°` ~~~' `~my,~omg~ CeIItact: Linda Brown 6030 Printed on Regded Paper ~:,;. ~'7, / f~-~nn1c~~ ~s'ri1i~~!'~~;P, ~~, ~~,,.,'d~