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HomeMy WebLinkAboutOrdinance 11247.a r F, ORDINANCE NO ~~~~® AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENTS FUND IN THE AMOUNT OF $104,611 00 FOR THE PURPOSE OF LEVYING ASSESSMENTS FOR FORT WORTH IMPROVEMENT DISTRICT NO 3 FOR FY 92-93, 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 1992-93 and in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Special Assessments Fund in the amount of $104,611 00 for the purpose of levying assessments for Fort Worth Improvement District No 3 for FY 92-93. 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 11151 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. oF~c~. ~coRo c~r~ s~c~~raR~ fir. Wo~RrH, r~. APPROVED AS TO FORM AND LEGALITY City Attorney Date ~~ /~~ Adopted Effective ~~ ~ ~ A City of Fort Worth, Texas Mayor and Council Communication ~~~~ 01/26/93 ~~~ `~`~•''` 1\VI'IYLnG-10021 `~~ .."'..~ 13FWID • •--- 1 of 2 SUBJECT BENEFIT HEARING AND ADOPTION OF ORDINANCE LEVYING ASSESSMENTS - IMPROVEMENTS AND/OR SERVICES IN FORT WORTH .IMPROVEMENT DISTRICT N0. 3_ RECOMMENDATION: It is recommended that the City Council take the following actions concerning Public Improvement District No. 3: 1. Hold a public hearing regarding the proposed property assessments for Fiscal Year 1992-93, and 2. Close the public 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 $104,611.00 in the Special Assessments Fund to provide FY 92/93 funding for PID #3. DISCUSSION: On January 12, 1993, the City Council held a public hearing and adopted M&C G-10000 which directed that certain improvements and/or services (the "improvements") shall be provided in Fort Worth Improvement District No. 3 during the 1992-93 fiscal year. Improvements/Services: ~ The general nature of the improvements and services to be provided by the District are: 1. A Planning Program 2. A Plan Coordination Program 3. A Marketing Program 4. A Management Program Budget Source of Funds 1992-93 FWID #3 Assessments $79,020.00 90/91 and 91/92 Assess. Collections $25,591.00 TOTAL $104,611.00 Use of Funds: City Administrative Fee $5,000.00 Planning $39,061.00 Marketing $5,000.00 Management $12 000.00 SUBTOTAL 61,061.00 OF,FICiAt RECORD Ct~'Y SECRf~'AR~ r_~~ Printed on recycled paper City of Fort Worth, Texas Mayor and Council Communication DATE 01/26/93 REFERENCE NUMBER G-1 002 1 LOG NAME 13FWID PAGE 2 of 2 SUBJECT BENEFIT HEARING AND ADOPTION OF ORDINANCE LEVYING ASSESSMENTS - IMPROVEMENTS AND/OR SERVICES IN FORT WORTH IMPROVEMENT DISTRICT NO. 3 Reimbursement to SENCA/Fort Worth For valid expenses in Organizing PID #3 $43,550.00 TOTAL $~4~'~ The improvements are fully described in a service, improvement and assessment plan which was adopted by the City Council on January 12, 1993, (M&C 10000) and is on file in the office of the City Secretary. FY 92-93 Assessments: All of the cost of improvements shall be assessed against private property located in the district and the owners of that property. The City Manager has filed with the City Secretary a proposed assessment roll and an estimate of the assessments against each parcel. Considering the benefits to be received from the proposed improvements, it is the opinion of staff that each parcel of property will be enhanced in value by an amount equal to or more than the proposed assessment Notice of the public hearing was given in accordance with State law Following the hearing, the assessments shown on the proposed assessment roll, if approved and accepted by the City Council, will be levied against those properties and the owners thereof. Such assessments shall constitute a first and prior lien upon such properties and a personal liability of the real and true owners thereof and shall be payable on or before February 28, 1993. Accounts will become delinquent if not paid by March 1, 1993. The entire amount assessed against a parcel of property shall bear interest from and after the first day of March 1993, at the rate of 10 percent per annum until paid. 'FISCAL INFORMATION/CERTIFICATION: The Director of Fiscal Services certifies that upon adoption of the attached appropriations ordinance, funds will be available for the FY 1992-93 PID #3 in the current operating budget of the Special Assessments Fund. LW:j Su fitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by {to APPlRO~'FD Charles Boswell 851 GiT'Y ~{°~t~~~~~ Originating Department Head . c dopted ~rdsnance ho, /~ ~~~ ~~ 199 from /~ 0~~8 ICiBn Charles Boswell 851 4 GS87 488342 00230009300 104,611 0 For Additional Information 4 6587 539120 00230009300 104,611 0 Gitg &ecaetrs~ ol~lee Contact riiy of Foat Wtorf}e, `~e~a ' Nat O Day 666 !~ -~~ Printarl nn rwrvnlArt nanar