Loading...
HomeMy WebLinkAboutOrdinance 11460:~ w ORDINANCE NO ~(J' AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENT FUND IN THE AMOUNT OF $516.41 FOR THE PURPOSE OF PROVIDING FISCAL YEAR 1993-94 FUNDING FOR FORT WORTH 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 $516.41 for the purpose of providing Fiscal Year 1993-94 Funding for Fort Worth 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Date ~/~ ~a~~ Adopted Effective City of Fort worth, 7"exas Mayor and Council Communication DATE REFERENCE NLiMBER LOG NAME PAGE 1 1 /30/93 13SECOND 1 of 2 SUBJECT SECOND BENEFIT HEARING AND LEVYING OF ASSESSMENTS FOR FORT WORTH IMPROVEMENT DISTRICT NO 1 FY 93-94 RECOMMENDATION. It is recommended that the City Council 1 Adopt the attached ordinance closing the benefit hearing and levying the proposed assessments on twelve parcels of land in Fort Worth Improvement District No 1 for FY 93- 94, and 2 Adopt the attached supplemental appropriation ordinance increasing the estimated receipts and appropriations in the Special Assessment District Fund in the amount of $516 41 for the purpose of providing FY 93-94 funding for Fort Worth Improvement District No 1 DISCUSSION The total amount proposed to be assessed at the November 30, 1993 hearing is 8516 41, which represents assessments on twelve parcels not included in the first benefit hearing held on October 12, 1993 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 the first benefit hearing The improvements to be provided and the revised costs thereof are Total Cost A maintenance and landscaping program 8389,405 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- Amanagement. program 166.567.00 Total $695,832 00 To Be Assessed 5264,921 00 53,238 41 41,824 00 10,024 00 1,291 00 5,000 00 100.600.00 5476,898 41 The 5218,933 59 difference between total costs and assessments includes 5133,000 00 from the City, 543,000 00 in revenues from district activities and 542,933 59 in miscellaneous revenues including reserves On October 12, 1993 (M&C BH-0120), the City Council held a special benefit hearing and adopted Ordinance No 11417 This ordinance levied assessments in the total amount of 8476,382 00 against various parcels of property in the district Printed on recycled paper City of Fort Worth, ?'exas Mayor and Council Communication DATE 1 1 /30/93 REFERENCE NUMBER BH-0122 LOG NAME 13SECOND PAGE 2 of 2 svasECT SECOND BENEFIT HEARING AND LEVYING OF ASSESSMENTS FOR FORT WORTH IMPROVEMENT DISTRICT NO 1 FY 93-94 Based on the appraised value of the property, 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 Property owners were advised by mail and by publication of a legal notice on November 19, 1993, that a public hearing to consider the proposed assessments will be held by the City Council on November 30, 1993, at 10 00 a m The purpose of the hearing is to permit all persons owning property in the district to be fully heard concerning the proposed improvements, the costs thereof, the amounts to be assessed, the values of the respective parcels of property, the benefits to the property because of the improvements, the validity and adequacy of the contract, and any matter to which they are entitled to hearing under law Following the hearing, the assessments shown on the proposed assessment roll, if approved and accepted by the City Council, will be levied against the properties shown thereon 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 upon receipt of billing Accounts will become delinquent if not received by January 31, 1994 The entire amount assessed against a parcel of property shall bear interest from and after the first day of February 1994 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 required for this expenditure will be available in the current operating budget of the Special Assessment District Fund CBI Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) n ~~poVEO GS87 539120 002100094000 $516.41 C~TY COUNCIL Charles Boswell 8500 GS87 488342 002100094000 $516.41 Originating Department Bead: OV 30 1993 N Charles Boswell 8500 (from) ~, ~ t ~G C` ~ ~~~ ~ ~ For Additional Information City of Fort vVo~.?exas contact: dopted Ordinance No,/ Nat O'Day 6~9 o ted Ord Cam? Primed on ~ecyclea Pape.