HomeMy WebLinkAboutOrdinance 11418ORDINANCE NO
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL ASSESSMENT FUND IN THE
AMOUNT OF $476,382.00 FOR THE PURPOSE OF PROVIDING
FISCAL YEAR 1993-94 FUNDING FOR IMPROVEMENT DISTRICT NO
1, 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 $476,382.00 for the purpose of providing fiscal year
1993-94 funding for Improvement District No 1
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of said prior ordinances and appropriations are hereby expressly repealed.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
~-Z1-R 3
Date
Adopted
Effective
City of Fort Worth,.. Texas
Mayor and Council Communication
10/12/93 BH-0120 13SECUR 1 of 2
svs~cT BENEFIT HEARING FOR FORT WORTH IMPROVEMENT DISTRICT NO 1 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. 1
1 Hold a benefit hearing regarding the proposed property assessments for fiscal year 1993-
94 on October 12, 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 $476,382 00 in the special assessments fund
DISCUSSION
On September 28, 1993 the Council adopted M&C G-10356 which directed that certain
improvements and or services (the "improvements") shall be provided in Fort Worth Improvement
District No 1 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
A maintenance and landscaping program $389,405 00
A promotions program 76,722 00
A marketing program 48,853 00
A security program 12,519 00
A transportation and parking program 1,766 00
City Administrative fee -0-
A management program 166,567.00
Total ` 5695,832 00
To Be Assessed
$264,921 00
52,722.00
41,824 00
10,024.00
1,291.00
5,000.00
100, 600.00
5476,382.00
The 5219,450 00 difference between total costs and assessments includes 5133,000.00 from
the City, 543,000 00_ in revenues from district activities and 543,450.00 in miscellaneous
revenues including reserves
1~~ Printed on recycled paper
City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER BH-O120 LOG' NAME PAGE
10/12/93 13SECUR 2 of 2
SUBJECT BENEFIT HEARING FOR FORT WORTH IMPROVEMENT DISTRICT NO 1 AND LEVYING
OF ASSESSMENTS FOR FISCAL YEAR 1993-94
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 expenditure will be available in the current operating budget
of the Special Assessment District Fund
CB I
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (~)
GS87 539120 002100094000 $476,382.00. AppROVED
Charles Boswell 8500 GS87 488342 002100094000 $476,382.00 L
Originating Department Head: CITY C O U N C I
3
Charles Boswell 8500 (from)
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or Additional Information Cit
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