HomeMy WebLinkAboutOrdinance 11404..~
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ORDINANCE NO Il ; ~'
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL ASSESSMENT FUND IN THE
AMOUNT OF $285,000 00 FOR THE PURPOSE OF PROVIDING
FISCAL YEAR 1993-94 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 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 $285,000 00 for the purpose of providing fiscal year
1993-94 funding for 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 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of said prior ordinances and appropriations are hereby expressly repealed.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
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City Attorney
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Date
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Adopted
Effective
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MASTER FILE~L'
ACCOUNTINQ 2
TRANSPORTATION~PUBLIC WORKS~~ City of Fort worth, Texas
N n rER AfIM INICT RAa~Io y. ~y~~r ~u~a-cil C~~nmunicata~~rt
ENGINEERING
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J„,IANAGE~
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DATE
09/21 /93
~H-0119
13DIST2 I 1 of 2
~svsJECT I BENEFIT HEARING FOR FORT WORTH IMPROVEMENT DISTRICT NO 2 AND I
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 2
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
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-10320 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 5213,000 00 5213,000 00
City Administrative Fee 10,000 00 0
Security Patrols 52,000 00 52,000 00
Replacement Reserve 5,000 00 5,000 00
Operating Expenses 10,000 00 10,000 00
Contingency 5,000.00 5.000.00
Total 5295,000 00 5285,000 00
The 510,000 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 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
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City of Fort Worth, Texas
Mayor and Council Camnmunication
DATE
09/21 /93 REFERENCE NUMBER
BH-0119 LOG NAME
13DIST2 PAGE
2 of 2
SUBJECT BENEFIT HEARING FOR FORT WORTH IMPROVEMENT DISTRICT NO 2 AND
LEVYING OF ASSESSMENTS FOR FISCAL YEAR 1993-94
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
CBI
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
OfP~ce by: (~)
GS87 539120 002200094000 5285,000.00
Charles Boswell 8500 GS87 488342 002200094000 S285,000.00 APPRO
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Originating Department Head: (~
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Charles Boswell 8500 (from) S~P ~~ 1QQ~
For Additional Information ~,~,~ ~iE.~stt_,e(J
Contact: Cityl f Fozf @fi rth
Yexas
Nat O'Day 6669 ,
do ted Ordinance No ~~
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Adopted Or-~i~an~e ~~~ ~J2