HomeMy WebLinkAboutOrdinance 13169Ordinance No 13161
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE SPECIAL ASSESSMENT DISTRICT FUND IN THE AMOUNT OF $8,000 00 FROM
AVAILABLE FUNDS FOR THE PURPOSE OF PROVIDING FISCAL YEAR 1997 -98
FUNDING FOR IMPROVEMENT DISTRICT NO 2, 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 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 $8,000 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 in 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. 12689 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appropriations are hereby expressly repealed.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 and after the date of its passage, and it is or ordained.
APPROVED AS TO FO AND LEGALITY
G.
Assistant City Attorney
/e519�
Date
q=- �, 3 -R 7
Adopted
Effective
REVENUE PROJECTIONS
Assessment Revenues "
City of FW Level of Service Reimbursement
Total Revenues
EXPENSE PROJECTIONS
City Administration
FORT WORTH IMPROVEMENT DISTRICT #2
FIVE YEAR SERVICE PLAN
(Updated August 12, 1997)
Security Patrols
Turf & Tree Cultivation,
Mowing, Edging, Irrigation Checks, Bed Maintenance
Irrigation Repairs
Plant Material Replacement
Fence Painting & Repairs
Ground Lighting Maintenance
Holiday Lighting
Trash Pick Up
Water
Electricity
SUBTOTAL MAINTENANCE & SECURITY
ACC Management
PID Manager
Replacement Reserve
Operating Expense
Professional Services
Community EventslHOA
Contingency
TOTAL EXPENSES
LESS CITY REIMBURSEMENT
NET EXPENSE FOR ASSESSMENT
ASSESSMENT BASE RATE
(Total Expenses divided by the # of Extension Units)
Per Square Foot Assessment
Category Factor (Fixed)
Unplatted Commercial Sq Ft
1
Unplatted Multi - Family Sq Ft
3.21
Unplatted Single Family Sq Ft
3.76
Platted Commercial Sq ft
5.67
Platted Multi-Family Sq Ft
18.22
Platted Single Family Sq Ft
21.35
FY 97198 FY 98199 FY 99100 FY 00101 FY01102
317,100 327,152 343,205 353,438 363,671
8,000 8,000 8,000 8,000 8,000
325,100 335,152 351,205 361,438 371,671
10,000 10,000 10,000 10,000 10,000
59,250 61,027 62,805 64,582 66,360
142,000 146,260 150,520 154,780 159,040
10,000
10,300
10,600
10,900
11,200
8,000
8,240
8,480
8,720
8,960
6,500
6,695
6,890
7,085
7,280
1,000
1,030
1,060
1,090
1,120
3,800
3,914
4,028
4,142
4,256
6,500
6,695
6,890
7,085
7,280
36,000
37,080
38,160
39,240
40,320
4,000
4,120
4,240
4,360
4,480
277,050 285,361 293,673 301,984 310,296
10,080 10,382
a 0
8,570 9,427
9,100 9,373
3,000 3,090
3,300 3,399
4,000 4,120
325,100 335,152
8( ,000► i4m
10,684
6,000
10,284
9,646
3,180
3,498
4,240
351,205
8� ,OOO)
10,987 11,289
6,180 6,360
11,141 11,998
9,919 10,192
3,270 3,360
3,597 3,696
4,360 4,480
361,438 371,671
81 ,000} 8( ,000)
317,100 327,152 343,205 353,438 363,671
0.001514 0.001414 0.001472 0.001516 0.001557
0.001514 0.001414
0.004862 0.004538
0.005694 0.005316
0.008587 0.008016
0.027594 0.025759
0.032334 0.030184
0.001472
0.004724
0.005533
0.008344
0.026813
0.03142
0.001516 0.001557
0.004865 0.004998
0.005698 0.005854
0.008593 0.008828
0.027613 0.028369
0.032357 0.033242
TYPICAL ASSESSMENT FOR 6800 SO FT LOT $219.87 $205.25 $213.65 $220.02 $226.05
City of Fort Worth, Texas
Mayor and Council Communication
09/23/97 1 G -12009 I 13PIDTWO 1 1 of 2
SUBJECT I APPROPRIATION ORDINANCE AND PUBLIC HEARING FOR FORT WORTH PUBLIC
IMPROVEMENT DISTRICT NO 2 AND ACTION CONCERNING THE ANNUAL PLAN OF
SERVICE, BUDGET AND SETTING OF BENEFIT HEARING FOR FISCAL YEAR 1997 -98
RECOMMENDATION
It is recommended that the City Council take the following action regarding Fort Worth
Improvement District No 2
Hold a public hearing concerning the plan of services and budget for FY 1997 -98, and
2 Adjourn the public hearing, and
3 Approve the attached service plan and budget for FY 1997 -98 as recommended by the
Hillwood Property Company, and
4. Authorize the transfer of $8,000 00 for park maintenance from the General Fund to the
Special Assessment District Fund, PID #2, FY 1997 -98 project account, and
5 Adopt the attached appropriation ordinance increasing estimated receipts and
appropriations by $8,000 00 in the Special Assessment District Fund from available funds,
and
6 Authorize the transfer of 510,000 00 for administrative fees from the Special Assessment
District Fund, PID #2, FY 1997 -98 project account to the General Fund, and
7 Authorize the City Manager to contract with Hillwood Property Company to provide
improvements and services in the District during FY 1997 -98 for the sum of $315,100 00,
and
8 Adopt the proposed 1997 assessment roll which is on file with the City Secretary and set
Tuesday, October 21, 1997 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 October 21, 1997 hearing in accordance
with state law, and
10 Approve adding to the 1997 -98 budget, as contingency, any unencumbered revenues from
the District's assessments from prior years
40 Prin ed on Recycled Paper
City of Fort Worth, Texas
Mayor and Council Communication
09/23/97
G -12009
LOG
13PIDTWO 1 2 of 2
SUBJECT I APPROPRIATION ORDINANCE AND PUBLIC HEARING FOR FORT WORTH PUBLIC
IMPROVEMENT DISTRICT NO 2 AND ACTION CONCERNING THE ANNUAL PLAN OF
SERVICE, BUDGET AND SETTING OF BENEFIT HEARING FOR FISCAL YEAR 1997 -98
DISCUSSION
In 1990, Hillwood Development Corporation was authorized to prepare a service plan and budget
for the District The plan and budget were approved by the City Council and Hillwood
Development Corporation has provided improvements and services in the District since that time
State law requires the plan to be updated annually
An updated service plan and budget for FY 1997 -98 were sent to property owners in
Improvement District No 2 in August 1997 by the Hillwood Property Company which also held
an open meeting in the District on August 26, 1997 Based on favorable comments in the
neighborhood meeting, it is apparent District property owners are supportive of the District and
the work of Hillwood Property Company
FISCAL INFORMATION /CERTIFICATION
The Director of Fiscal Services 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
CB f
Submitted for City Manager's
Office by:
Charles Boswell 8511
FUND
i ACCOUNT
CENTER
AMOUNT
CITY SECRETARY
(to)
APPROVED
CITY COUNCIL
SEP 23 1007
CityB*MtLay of the
City of Fort Worth, Texas
(4)(5)GS87
472001
002200098000
$ 8,000.00
(6) GG01
481306
0134020
$10,000.00
Originating Department Head:
Jim Keyes 8517
(5) GS87
539120
002200098000
$8,000.00
(from)
(4) GG01
538070
0905800
$8,000.00
For Additional Information
Contact:
Linda Brown 6030
(7) GS87
539120
002200098000
$315,100.00
(6) GS87
539120
002200098000
$10,000.00
0 Printed on Recyded Paper Aduted Ordinance No. /�