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10-12-05 Meeting of the Tax Increment Reinvestment Zone Number One minutes
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10-12-05 Meeting of the Tax Increment Reinvestment Zone Number One minutes
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City Meetings
Meeting Body
La Porte Redevelopment Authority/TIRZ
Meeting Doc Type
Minutes
Date
10/12/2005
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<br />NOTICE OF PUBLIC HEARING OF THE CITY COUNCJL OF THE CITY OF LA PORTE TO CONSIDER THE ADVISAalLlTY OF <br />THE CREATION OF A PUBLIC IMpROVEMENT DISTRICT TO MAKE CERTAIN IMPROVEMENTS AND FUND CERTAIN <br />SUPPLEMENTAL SERVICES OVER CERTAIN PROPERTY LOCATED WITHIN THE CORPORATE LIMITS OF THE CITY OF LA <br />PORTE. <br />In accordance with Chapter 372.005 Local Government Cocle the City Secretary has received a petition that requests the <br />establishment of a public improvement district (PID). The petition and a boundary map are on file and open for public inspection in <br />the office of City Secretary. A Public Hearing on the advisability of the improvements will be held by the City Council as follows: <br />TIME: at 6:30 p.m. <br />PLACE: City Council Chambers, , La Porte, Texas <br />GENERAL NATURE OF THE IMPROVEMENTS AND SUPPLEMENTAl.. SERVICES: The improvements are the construction of <br />public utilities (water. sewer & drainage), and related improvements within the PID. The estimated costs of the improvements, <br />including financing, are $3.250,000 over the life of the PID. The supplemental services are the operation and maintenance of <br />certain amenities and greenspace, recreational facilities, and other common facilities. The estimated costs of the supplemental <br />services are $2.000,000 over the life of the PIO. The proposed method of assessment is by value. per lot, or per square foot of <br />benefited property. The proposed apportionment of cost is 100% to the PIO and 0% to the municipality as a whole. <br />BOUNDARIES: A metes and bounds description of the boundaries of the proposed Public Improvement District is on file with the <br />City Secretary. A boundary map is provided below: <br /> <br />11 <br /> <br />l2 <br /> <br />OJ <br /> <br />14 <br /> <br />" <br /> <br />( <br /> <br /> <br />0) <br /> <br />NORTH <br /> <br />STAlE HIGHWAY 1411 <br /> <br /> <br />"""''''"' <br />la.ll;HO\lO <br />~llQll~ <br /> <br />.~- <br /> <br />PROPOSf:O P10 NO. 1 <br />CITY OF I.A PORTE <br />4.97 ACRES <br /> <br />I <br />~ <br />Ii <br /> <br />. - - <br />-==- <br /> <br />EXHIBIT <br />PROPOSED PUBUC IMPROVEMENT DISTRICT NO. <br />CITY OF LA PORTE <br />158.60 ACRES <br /> <br />,... -.- <br />u..rp =:.- <br />-=: <br /> <br />at ~ Cnoe! . <br />..... -. <br />1 <br /> <br />El.0l <br /> <br />,. <br /> <br />l2 <br /> <br />OJ <br /> <br />".1. <br /> <br />I. <br /> <br />Written and oral-objections will be considered at the hearing. <br /> <br />City Secretary <br />City Of La Porte <br /> <br />( <br /> <br /> <br />1 <br />
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