Conduct a Public Benefit Hearing Regarding the Proposed Fiscal Year 2016-2017 Budget, Five-Year Service Plan and Proposed 2016 Assessment Roll for Public Improvement District No. 6, Park Glen (COUNCIL DISTRICT 4)

It is recommended that the City Council:

1.  Conduct a public benefit hearing to receive comments on the proposed budget, Five-Year Service Plan and proposed method of assessment for Fort Worth Public Improvement District No. 6, Park Glen, for Fiscal Year 2016-2017;

2.  Approve the filing of the proposed 2016 Assessment Roll for the Park Glen Public Improvement District with the City Secretary for public inspection; and

3.  Set a public benefit hearing for September 13, 2016 at 7:00 p.m., for final approval of the Park Glen Public Improvement District's Fiscal Year 2016-2017 Budget and Five-Year Service Plan and 2016 Assessment Roll.

On September 29, 1998, (M&C G-12341) the City Council adopted Resolution No. 2453 establishing the Park Glen Public Improvement District (PID).

State law requires an annual report on the proposed budget and Five-Year Service Plan for the PID, which is attached.  The general nature of the proposed improvements and/or services to be provided in the Park Glen Public Improvement District shall include:

• A Landscaping, Construction and Maintenance Program consisting of the planting and maintenance of special supplemental landscaping, the maintenance of supplemental irrigation systems, fountains, ponds and parks;
  
  
• Special lighting and fence maintenance in and along boulevards, parks and open spaces;
  
  
• Supplemental security services;
  
  
• A Public Events Program consisting of recreational activities, special events and holiday lighting; and
  
  
• A Management Program to provide for the administration, management and operation of the PID.

One line item listed on the Five-Year Service Plan, the City Payment In-Lieu of Services will require a transfer of City funds.  The City Payment In-Lieu of Services is a supplement to the Park Glen PID budget funding the level of improvements or services that would ordinarily be provided by the City of Fort Worth to the taxpayers in the Park Glen PID.

On February 3, 2009, (M&C G-16451) the City Council adopted guidelines for setting an administration fee structure for all PIDs.  The City assesses an annual administration fee equal to two percent of a district's annual assessments or in the amount of $2,000.00, whichever is greater.

The proposed 2016 Assessment Rate on property subject to assessment in the Park Glen PID is $0.175 for residential properties and $0.035 for commercial properties per $100.00 of valuation.  The proposed 2016 Assessment Roll for the Park Glen PID will be filed with the City Secretary and available for public inspection during normal business hours at any time prior to the September 13, 2016 Public Benefit Hearing.

This M&C does not request approval of a contract with a business entity.

The Park Glen PID is located in COUNCIL DISTRICT 4.