HomeMy WebLinkAboutOrdinance 12689ORDINANCE NO / ~ ~ ~~
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL ASSESSMENT FUND IN THE AMOUNT
OF $7,500.00 FOR THE PURPOSE OF PROVIDING FISCAL YEAR 1996-97
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 1996/97 and in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Special Assessment Fund in the amount of $7,500.00 for the purpose of providing fiscal year 1996/97 funding for
park maintenance in 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. 12629 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and appropriations are hereby expressly repealed.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 from and after the date of its passage, and it is so
ordained.
APPROVED A O FORM AND LEGALITY
c
Assistant City Attorney
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Date
Adopted
Effective
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HILLWOOD DEVELOPMENT CORPORATION
6400 LBJ FREEWAY
ONE LINCOLN CENTER. SUITE 1026
DALLAS, TEXAS 76240
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P.I.D. EXHIBIT
City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
09/24/96 G-11616 13PUB 1 of 2
svssECT PUBLIC HEARING FOR FORT WORTH PUBLIC LMPROVEMENT DISTRICT NO 2 AND
ACTION CONCERNING THE ANNUAL PLAN OF SERVICE, BUDGET AND SETTING OF
BENEFIT HEARING FOR FISCAL YEAR 1996-97
F~ECOMMENDATION
It is recommended, that the City Council take the following action regarding Fort Worth
Improvement District No 2
1 Hold a public hearing concerning the plan of services and budget for FY 1996-97, and
2 Adjourn the public hearing, and
3 Approve fihe attached service plan and budget for FY 1996-97 as recommended by the
Hillwood Property Company, and
4 Authorize the transfer of 57,500 00 for park maintenance from the General Fund to the
Special Assessment District Fund, PID #2, FY 1996-97 project account, and
5 Adopt the attached appropriation ordinance increasing estimated receipts and
appropriations by 57,500 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 1996-97 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 1996-97 for the sum of 5276,328 00,
and
8 Adopt the proposed 1996 assessment roll which is on file with the City Secretary and set
Tuesday, October 8, 1996 at 10 00 A M in the City Council Chambers as the time and
place for the benefit hearing, and
9 Direct the City Secretary to give notice of the October 8, 1996 hearing in accordance with
state law, and
10{ ' Approve adding to the 1996-97 budget, as contingency, any unencumbered revenues from
the District's assessments from prior years
Printed on Recycled Paper
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City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
09/24/96 G-11616 13PUB 2 of 2
SUBJECT 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 1996-97
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 1996-97 were sent to property owners in
Improvement District No 2 in August 1996 by the Hillwood Property Company which also held
an open meeting in the District on August 26, 1996 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 required for
this expenditure 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)(5)GS87 472001 000220097000 $7,500 00 gpp~~~Q
Charles Boswell 8511 (6) GGO1 481306 0134020 $10 000 00 GlTY ~~t~ NG IL
Originating Department Head: (5)GS87 539120 002200097000 $7,500 00
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Jim Keyes 8517 (from)
(4)GGOl 538070 0905800 $7,500 00 ~~ Ll.+f~,ce~.~~,/
For Additional Information (7) GS87 539120 002200097000 $276,328 00 City.Secreln1•yOf the
'
Contact:. (6) GS87 539120 002200097000 $10 000 00 City Of Foxi 9~t3tth,
f6xae
Nat O'Day 6669
Printed on Recycled Paper p -GS~~ //
Ado ted Ordinance Na. "(