HomeMy WebLinkAboutOrdinance 11675ORDINANCE NO l
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL ASSESSMENT FUND IN THE
AMOUNT OF $38,383 00 FOR THE PURPOSE OF PROVIDING
]?ISCAL 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.
I3E 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 $38,383.00 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provisions of said prior ordinances and appropriations are hereby expressly repealed.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 FORM AND LEGALITY
y Atto~rngy ~ ~i
1 ~ l (/ I
Date
Adopted
Effective
City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER Y,OG NAME PAGE
09/20/94 BH-0131 13DIST4 1 of 2
SUBJECT BENEFIT HEARING FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 4 AND
LEVYING OF ASSESSMENTS FOR FISCAL YEAR 1994-95
RECOMMENDATION
It is recommended that the City Council take the following action regarding Fort Worth
Improvement District No 4
1 Hold a benefit hearing regarding the proposed property assessments for fiscal year 1994-95
on September 20, 1994, and
2 Close the benefit hearing, and
3 Adopt the attached ordinance which levies the proposed assessments, and
4 Adopt the attached appropriations ordinance increasing estimated receipts and
appropriations by 538,383 in the special assessments fund
DISCUSSION
On September 6, 1994 the Couricil adopted M&C G-10797 which directed that certain
improvements and 'or services (the "improvements") shall be provided in Fort Worth Improvement
District No 4 during the 1994-95 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
Total Cost To Be Assessed
Maintenance and Landscaping $134,000 00 5 28,383 00
Security Patrols 15,000 00 0 00
City Administrative Fee 10,000 00 10,000 00
Replacement Reserve 1,000 00 0 00
Operating Expenses 5.,000 00 0 00
Contingency 1,000.00 0.00
Total 5166,000 00 5 38,383 00
The 5127,617 00 difference between total cost and assessments reflects a subsidy of
589,002 00 by the contractor, Hillwood Property Company and a direct reimbursement of
538,615 00 from the City of Fort Worth for park maintenance
•--~ Printed on recycled paper
City of Fort Worth, Texas
Mayor and Council Communication
DATE
09/20/94 REFERENCE NUMBER
$$-0131 LOG NAME
13DIST4 PAGE
2 of 2
SUBJECT BENEFIT HEARING FOR FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO 4 AND
LEVYING OF ASSESSMENTS FOR FISCAL YEAR 1994-95
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 appropriations
ordinance, funds required for this action will be available in the current operating budget of the
Special Assessments Fund
CB r
a
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
GS87 539120 002400095000 $38,383 00 •
Charles Boswell 8500
GS87
488342
002400095000
$38,383.00 PPROVE®
+
A
Originating Department Head: ~~
~ ~~~~~~
(~?0
Charles Boswell 8500 (from) S~P ~~ ~{~~~
For Additional Information a:G~ Qd ~
of tlaet
f
Contact:
ir J
~%~ ~'t }~tCtiStll~ °~ 07Cii9
Charles Boswell 8500
i='~ Printed on recycled paper