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HomeMy WebLinkAboutOrdinance 11666ORDINANCE NO ~~~~2~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENT FUND IN THE AMOUNT OF $38,615 00 FOR THE PURPOSE OF PROVIDING FISCAL YEAR 1994-95 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 1994-95 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 $38,615.00 for the purpose of providing fiscal year 1994-95 funding for 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 11645 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 FORMA LEGALITY City Attorney ~~3~ ~~ Date C-~-9~ Adopted 9- ~-~~ Effective l City of Fort Worth, Texas Mayor and' Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 09/06/94 C-10797 13BUD 1 of 2 susJECT 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 1994-95 6 RECOMMENDATION It is recommended that the City Council take the following action regarding Fort Worth Improvement District No 4 1 Hold a public hearing concerning the plan of services and budget for FY 1 994-95, and 2 Adjourn the public hearing, and 3 Approve the attached service plan and budget for FY 1994-95 as recommended by the Hillwood Property Company, and ~M 4 Authorize the transfer of 538,615 00 from the General Fund to the Special Assessment Fund, PID ~i4, FY 1 994-95 project account, and 5 Adopt the attached appropriation ordinance increasing estimated rec~eapts and appropriations by 538,615 00 in the Special Assessment District Fund from increased revenues, and 6 Authorize the City Manager to contract with Hillwood Property Company to provide improvements and services in the .District during FY 1994-95 for the sum of 566,998 00, and 7 Adopt the proposed 1994 assessment roll which is on file with the City Secretary and set Tuesday, September 20 at 10 00 a m in the City Council Chambers as the time and place for the benefit hearing, and 8 Direct the Crty Secretary to give notice of the September 20, 1994 hearing in accordance with state law, and 9 Approve adding to the 1994-95 budget, as contingency, any unencumbered revenues from the District's assessments from prior years ~=~~ Printed on recycled paper City of Fort Worth, Texas Mayor and Council Communication DATE 09/06/94 REFERENCE NUMBER G10797 LOG NAME 13BUD PAGE 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 1994-95 DISCUSSION in 1993, Hil,iwood 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 1994-95 were sent to property owners in Improvement District No 4 in August 1994 by the Hillwood Property Company, which also held an open meeting in the District on August 22, 1994 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/CERTIF{CATION The Director of Fiscal Services certifies that .upon approval and completion of recommendation 4 and adoption of the attached appropriation ordinance, the funds required for this expenditure are available in the current operating budget, as appropriated, of the Special Assessment District_ Fund CB r Submitted for City M:u~ager's FUND ACCOUNT CENTER AI\40UNT CITY SECRETARY Office by: (to) GS87 411052 002400095000 838 615 00 ~ ~~~0" D Charizs Boswell 8s00 "' i i D H d O CITY COUNCIL nat ng epartment ea : rig SEP 6 1994 Charles Boswell 8s00 (from) GGO1 538070 0905800 838,615 00 /)~ ' , ~ f For Additio~uil Inforruatiou GS87 539120 002400095000 866 998 00 ~e.o,ri~Yyod the Y ' Contact: e~cas rth, Qjt101 Prat VSO Nat O Day 6669 L• Printed on recycled paper