On September 26, 2000, (M&C G-13021) the City Council adopted Resolution No. 2675 establishing the Heritage Public Improvement District (PID).
State law requires an annual report on the proposed budget, Five-Year Service Plan and proposed method of assessment for the PID, which is attached. The general nature of the proposed improvements and/or services to be provided in the Heritage PID 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 fence maintenance in and along boulevards, parks and open spaces;
Supplemental security service;
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 Heritage PID budget funding the level of improvements or services that ordinarily would be provided by the City of Fort Worth to the taxpayers in the 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 Heritage PID is $0.21 for residential properties and $0.11 for commercial properties per $100.00 of valuation. The proposed 2016 Assessment Roll for the Heritage 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 Heritage PID is located in COUNCIL DISTRICTS 4 and 7. |