HomeMy WebLinkAboutOrdinance 11402~.
ORDINANCE NO lI , _D~:
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL ASSESSMENT FUND IN THE
AMOUNT OF $15,000 00 FOR THE PURPOSE OF PROVIDING FISCAL
YEAR 1993-94 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 1993-94
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 $15,000 00 for the purpose of providing fiscal year
1993-94 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 11379 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of said prior ordinances and appropriations are hereby expressly repealed.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 Attorney
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Date
Adopted
Effective
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'~ City of Fort worth, Texas s~ ~~ ~ ,~_4
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
09/21 /93 BH-0118 13DIST4 1 of 2
I SUBJECT I BENEFIT HEARING FOR FORT WORTH IMPROVEMENT DISTRICT NO 4 AND
LEVYING OF ASSESSMENTS FOR FISCAL YEAR 1993-94
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 1993-
94 on September 21, 1993, and
2 Close the benefit hearing, and
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3 Adopt the attached ordinance which levies the proposed assessments, and
4 Adopt the attached appropriations ordinance increasing estimated receipts and
appropriations by 515,000 in the special assessments fund
DISCUSSION
On September 7, 1993 the Council adopted M&C G-10321 which directed that certain
improvements and or services (the "improvements")shall be provided in Fort Worth Improvement
District No 4 during the 1993-94 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 569,000 515,000
City Administrative Fee 10,000 0
Security Patrols 10,000 0
Replacement Reserve 1,000 ` 0
Operating Expenses 4,000 0
Contingency 1,000 0
Total 595,000 515,000
The 580,000 difference between total costs and assessments will be subsidized by the
contractor, Hillwood Property Company
All costs of improvements shall be assessed against private property located in the district and
the owners of the property The City Manager has Bled with the City Secretary a proposed
assessment roll and an estimate of the assessments against each parcel
~'~~ Printed on recycled paper
City of Fort Worth, Texas ~'
Mayor and Council Communication ~~
DATE REFERENCE NUMBER LOG NAME PAGE
09/21 /93 BH-0118 13DIST4 2 of 2
svsJECT BENEFIT HEARING FOR FORT WORTH IMPROVEMENT DISTRICT NO 4 AND
LEVYING OF ASSESSMENTS FOR FISCAL YEAR 1993-94
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 supplemental
appropriations ordinance, funds required for this action will be available in the current operating
budget of the Special Assessments Fund
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Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
GS87 539120 002400094000 $1S 000 00 11~f"~~l`j~~
Charles Boswell 8500 GS87 488343 002400094000 S I S 000 00 ~ ~~ ~ 4, ~ V I `i V t
Originating Department Head:
Sl:P ~1 1993
Charles Boswell 8500 (from)
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For Additional Information of
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Citgr
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Contact: ,
Nat O'Day 6669
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dopted Ordinance No. / q
Adopted Or~,inance Na. ~~'~D
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