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HomeMy WebLinkAboutOrdinance 12177ORDINANCE NO ~~/ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENT FUND IN THE AMOUNT OF $40,621 FOR THE PURPOSE OF PROVIDING FISCAL YEAR 1995-96 FUNDING FOR IMPROVEMENT DISTRICT NO 4, 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 1995-96 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 $40,621 for the purpose of providing fiscal year 1995-96 funding for park maintenance in Improvement District No. 4. 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. 12074 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 AS TO FORM AND LEGALITY City At orney Date ~'--/ Adopted Effective city of Port Worth, Texas Mayor and Council Communication DATE REFSRENCS NUMBER LOG NAME PAGS 09/19/95 G-11229 13BUD 1 of 2 SUBJECT PUBLIC HEARING FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 4 AND ACTION CONCERNING THE ANNUAL PLAN OF SERVICE, BUDGET AND SETTING OF BENEFIT HEARING FOR FISCAL YEAR 1995-96 RECOMMENDATION It is recommended that the City Council take the following action regarding Fart Worth lm,provement District No 4 1 Hold a public hearing concerning the plan of service and budget for FY 1995-96, and 2 Adjourn the public hearing, and 3 Approve the attached service plan and budget for FY 1995-96 as recommended by the Hillwood Property Company, and 4 Authorize the transfer of 540,621 00 for park maintenance from the General Fund to the Special Assessment Fund, PID #4, FY 1995-96 project account, and 5 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by 540,621 00 in the Special Assessment District Fund from increased revenues, and 6 Authorize the transfer of 510,000 00 for administrative fees from the ,Special Assessment Fund, PID #4, FY 1995-96 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 1995-96 for the sum of 5116,095 00, and 8 Adopt the proposed 1995 assessment roll which is on file with the City Secretary and set Tuesday, October 3, 1995, at 7 00 P 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 3, 1995 hearing in accordance with state -law, and ati `~ ~ ~ ' f 10" ~~Approve adding to the 1995-96 budget, as contingency, any unencumbered revenues from the District's assesments from prior years }. City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 09/19/95 G-11229 13BUD 2 of 2 SUBJECT PUBLIC HEARING FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 4 AND ACTION CONCERNING THE ANNUAL PLAN OF SERVICE, BUDGET AND SETTING OF BENEFIT HEARING FOR FISCAL YEAR 1995-96 DISCUSSION In 1993, Hillwood Development Corporation was authorized to prepare afive-year 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 An updated service plan and budget for FY 1995-96 were sent to property owners in Improvement District No 4 in August 1995 by the Hillwood Property Company, which also held an open meeting in the District on August 31, 1995 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 adoption of the attached appropriation ordinance, the funds required for this expenditure will be available in the current operating budget, as appropriated, of the Special Assessment District Fund CB a Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Ofdfice bY: (to) (4) (5) GS87 411052 002400095000 $40,621.00 t/~/~ Charles Boswell 8511 (6) GGOI 481306 0134020 $10,000.00 ~ ` Originating Department Head: (5) GS87 539120 002400095000 $40,621.00 ~V~V'L ` ~ ~P ~~ 1 5 Jim Keyes 8517 (from) 99 (5) GGO1 538070 0905800 $40,621.00 ~~~ For Additional Information (7) GS87 539120 002400096000 $116,095.00 ~ Contact: (6) GS87 539120 002400096000 $10,000.00 Nat O'Day 6669 Adopted Ordinance No. ______