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HomeMy WebLinkAboutR-2021-40 proposed Public Improvement District number two City of La Porte Resolution No. 2021-40 A RESOLUTION MAKING FINDINGS IN CONNECTION WITH THE PROPOSED CITY OF LA PORTE PUBLIC IMPROVEMENT DISTRICT NUMBER TWO RELATED TO THE ADVISABILITY OF THE IMPROVEMENTS, THE NATURE OF THE IMPROVEMENTS,THE ESTIMATED COST OF THE IMPROVEMENTS, THE BOUNDARIES OF THE PROPOSED DISTRICT, THE METHOD OF ASSESSMENT AND THE APPORTIONMENT OF COST BETWEEN THE DISTRICT AND THE CITY AS A WHOLE; AND MAKING OTHER FINDINGS RELATED TO THE DISTRICT. WHEREAS, the City of La Porte City Council is authorized to create a public improvement district pursuant to Ch. 372 of the Texas Local government Code (the "Code") for the purpose described therein, and the City has received a petition from certain landowners within the City requesting the creation of a public improvement district; and WHEREAS, notice of a public hearing to consider the advisability of establishing the proposed district was published in The Bay Area Observer a local newspaper of general circulation on March 18, 2021; the place, City Council Chambers, La Porte, Texas, the general nature of the proposed improvements; the boundaries of the proposed district; and the proposed method of assessment; and the proposed apportionment of cost between the district and the City as a whole; and WHEREAS, written notice of the public hearing to consider advisability of establishing the district was sent timely to the current address, so reflected on the tax rolls, of the owners of property subject to assessment under the proposed district; and WHEREAS, the public hearing was held with all interested parties having been given the opportunity to be heard;NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. The City Council, having duly considered the petition submitted by property owners in the proposed district and the comments of those who made presentations at the public hearing on April 12, 2021, hereby finds as follows: (1) It will promote the interests of the City to create the City of La Porte Public Improvement District Number Two (the "District") under the provisions of Chapter 372, Texas Local Government Code for the purposes herein described. (2) It is advisable that the proposed improvement project be provided in the District and the City exercise the powers granted by Chapter 372, Texas Local Government Code, in connection with the establishment of the District, including the carrying out of the improvement project described below that will confer special benefits on property in the District and to levy and collect a special assessment on property in the District, based on the benefit conferred by such project,to pay all of the costs of such improvements. (3) The general nature of the public improvements in the District is set forth below. (a) The improvements include engineering and construction of water, wastewater, storm sewer facilities, detention, paving, common areas and amenities, and other improvements, creation and administration costs, and interest. (4) The estimated costs of the public improvements over the life of the PID are a total of$13,500,000.00. (5) The boundaries of the District are fully described in Exhibit A attached hereto. (6) The proposed methods of assessment is as follows: (a) The assessment for the Public Improvements is proposed to be by value, lot, or according to the square footage of property without regard to improvements on the property. (7) The proposed method of apportionment of the cost of the improvements between the District and the City as a whole is as follows: (a) The District will bear 100 percent of the costs of the percentage of the Public Improvements that will be reimbursed by assessment on the property. Section 2. This Resolution shall be passed finally on the date of its introduction and shall take effect immediately upon its passage and approval. PASSED AND ADOPTED this 1 b day of m , 2021. ma Al ouis ' . Rigby, go r Attest: l�' l 1 \ e Woodward, i y EXHIBIT A iiii LA PORTE PID A. II ,- , . , ,„ „, , _ _ • ... . . _.... .... .., .,... . . . . . +/- 56.7 acres R Bay Forest ® i ,1 o. t � : BAY IIARBC am— j Ir,ii I�,n VVccros Blvd WHARTON WEEMS 1 \11:\\ \1 am t \� REY) W U OAKII Lo iiii,E ...^yt pRs Bq y� L3/�tU i F 0 5oo 1000 Feet TTTY T T „ T