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Home My WebLink AboutRES 071001-P - Establish Shell Rd PIDRESOLUTION NO. 071' A RESOLUTION MAKING FINDINGS AS TO THE FEASIBILITY AND DESIRABILITY OF AN IMPROVEMENT DISTRICT TO BE KNOWN AS THE SHELL ROAD PUBLIC IMPROVEMENT DISTRICT; MAKING FINDINGS AS TO THE ADVISABILITY, NATURE, AND ESTIMATED COSTS OF THE PROPOSED IMPROVEMENTS AND THE METHOD OF ASSESSMENT WITHIN THE BOUNDARIES OF THE DISTRICT; AUTHORIZING THE DISTRICT AS A PUBLIC IMPROVEMENT DISTRICT PURSUANT TO CHAPTER 372, SUBCHAPTER B, OF THE LOCAL GOVERNMENT CODE; MAKING PROVISIONS RELATED THERETO AND DECLARING AN EFFECTIVE DATE; PROVIDING FOR A SAVINGS CLAUSE AND REPEALING CONFLICTING ORDINANCES OR RESOLUTIONS. WHEREAS, Chapter 372 of the Texas Local Government Code (the "Act ") authorizes the City of Georgetown, Texas (the "City ") to create one or more public improvement districts; and WHEREAS, on June 11, 2001, owners of certain real property located within the City delivered to the City a Petition (the "Petition ") to create Shell Road Public Improvement District (the "District ") the boundaries of which are described by metes and bounds in Exhibit "A ", attached hereto and incorporated herein; and WHEREAS, the City Secretary of the City has received the Petition and it has been determined that the owners of more than 50% of the appraised value of the taxable real property and more than 50% of the area of all taxable real property within the District have executed the Petition and that the Petition complies with the Act and authorizes the City Council to consider the creation of the District; and WHEREAS, after providing all notices required by the Act, the City Council on July 10, 2001 conducted a public hearing on the advisability of the improvements and the creation of the District; and WHEREAS, the City Council adjourned such public hearing, Now Therefore; BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: I. That the following findings are made and declared regarding the proposed Shell Road Public Improvement District: RROCK/Behren V //s22000: Fmi�bil}ityy.Re /V 6i d — 1 ts 1. The Petition to establish the District is sufficient and is accepted as being in compliance with the provisions of the Act; 2. It is advisable to make the improvements set forth in the Petition and the same will benefit the land described therein, enhance the value thereof and be of benefit and use to the City and the residents of the District; 3. The nature of the Proposed Improvements shall consist of the acquisition, engineering, traffic signalization (including traffic signalization at the Shell Re- alignment/Williams Drive intersection), design and construction of the re- alignment of Shell Road from its intersection with Williams Drive to the southern boundary of Georgetown Village and a connection from this re- alignment to Sequoia Spur Drive ( "Shell Re- alignment "), as shown on Exhibit "B ", attached hereto and incorporated herein. 4. The estimated costs of acquiring all the Proposed Improvements is estimated not to exceed $832,500 and such cost is a reasonable cost for said improvements; 5. The estimated costs shall be paid from special assessments on all property within the District's boundaries. 6. The land described in the Petition will all be benefitted by the proposed improvements and therefore the boundaries of the District shall be as described in Exhibit "A" attached hereto and made a part hereof for all purposes; 7. The method of assessment shall be based upon the special benefits which accrue to the property within the District shall be as set forth in "Exhibit "C''; and 8. The costs of the improvements shall be borne entirely by the land within the boundaries of the District and no apportionment between the City and the District is necessary. II. The Shell Road Public Improvement District is hereby created as provided by the Act and in accordance with the findings made in Section I hereof. Provided, however, such authorization does not authorize Petitioner to take any action that would obligate the City in any way or cause the City to incur any risk or cost. III. This Resolution shall be published one time in the Williamson County Sun, the official newspaper of the City, and upon such publication authorization of the Shell Road Public Improvement District shall become effective. RROCK/6ebrens2000: remibility.Res Res. Owl a - IV. City staff is hereby authorized to take all action necessary to prepare a preliminary assessment roll, publish any necessary notices, and take all other action necessary to effectuate the purposes of this Resolution. RESOLVED this /(9" 'day of Z_ 2001. CITY OF GEORGETOWN, TEXAS By: 0 A ,, Ae, — , MaryEllen Kersch, Mayor ATTEST: Sandra D. Lee, City Secretary Cathleen R. Riedel, Acting City Attorney RROCK/Behrens2000: Feasibility.Res Te..T. 07/0®/- /0 Par .3 oil' 3 /�ves BEING 157.9 acres, more or less, situated in the David Wright Survey, Abstract No. 13 and the Joseph Fisk Survey, Abstract No. 232, in Williamson County Texas, said land being a portion of that certain tract of land, called 226.68 acres, as conveyed to Campbell - Georgetown No, 1, Ltd., by deed as recorded in Volume 1678, Page 9, of the Official Records of Williamson County, Texas, and being more particularly described as follows; BEGINNING at the most northerly corner of the above- referenced Campbell - Georgetown No. 1, Ltd. tract, for the most northerly corner hereof; THENCE, Southeasterly along the Northeast line of the said Campbell - Georgetown No. 1, Ltd. tract, to the most northerly eastern corner of the said Campbell - Georgetown No. 1, Ltd. tract, for the most northerly eastern corner hereof, THENCE, Southwesterly, along a southeasterly line of the said Campbell - Georgetown No. 1, Ltd. tract, to an interior corner of the said Campbell - Georgetown No. 1, Ltd, tract, for an interior corner hereof, THENCE, Southeasterly, along a northeasterly line of the said Campbell - Georgetown No. 1, Ltd, tract, to the most southerly eastern corner of the said Campbell- Georgetown No. 1, Ltd, tract, on the Northwest line of Sequoia Spur, for the most southerly eastern corner hereof; THENCE, Southwesterly, along the said Northwest line of Sequoia Spur, being a southeasterly line of the said Campbell- Georgetown No, 1, Ltd, tract, to the intersection. of the said Northwest'line of Sequoia Spur and the Northeast line of Farm to Market Highway No. 2338 (Williams Drive), for the most southerly corner of the said Campbell -Georgetown No. 1, Ltd. tract, for the most southerly coiner hereof; THENCE, Northwesterly, along the Northeast line of Farm to Market Highway No. 2338 (Williams Drive), being the Southwest line of the said Campbell- Georgetown No. 1, Ltd. tract, to the intersection of the said Northeast line of F.M. Highway No. 2338 and the Southeast line of existing Shell Road, for the most southerly Southwest corner hereof, THENCE, Northeasterly, along the said Southeast line of existing Shell Road, 1600 feet, more or less, to the intersection of the said Southeast line of Shell Road and the proposed Southwest line of Verde Vista Extension for an interior corner hereof, THENCE, along the proposed Southwest line of the Verde Vista Extension and continuing with the projection of the said proposed Southwest line of the Verde Vista Extension to the Northwest line of the said Campbell- Georgetown No. 1, Ltd, tract, for the most westerly Southwest comer hereof; said point being Northeasterly 600 feet, more or less, from the most w =esterly Southwest corner of the said Campbell - Georgetown No. 1, Ltd, tract, for the most westerly Southwest corner hereof, THENCE, Northeasterly, along the Northwest line of the said Campbell - Georgetown No, 1, Ltd. tract, to the Place of BEGINNING and containing 157.9 acres of land, more or less. 19820- Id.doc PUBLIC IMPROVEMENT DISTRICT BOUNDARY -- ---- ----- __ - tri V O�& CAMPB2 ELL CAMPBELL TRACT TRACT 4 ova'_ l-IL Ul SPUR CAM TRACT3 ------------ - Tj .71 < CAMPBELL TRACT 7 > rJ 0 tri V O�& CAMPB2 ELL CAMPBELL TRACT TRACT 4 ova'_ l-IL Ul SPUR CAM TRACT3 RGErOWN VI GE V\ (PAU NEFQ F) CAMPBELL TRACT 7 M. f N CAMPBELL TRACT 4 LEI* CAMPBELL % TRACT 2 LEI* EXHIBIT licit The PID assessment on each tract shall be a pre-determined, fixed amount representing such tract's pro-rata share of the total PID assessment. Each tract's pro-rata share shall be calculated by multiplying the total PID assessment by a fraction, the numerator of which shall be the number of linear feet of Shell Re-alignment (including the linear footage of the connection from the re-aligned Shell Road to Sequoia Spur Drive) adjacent to or contained within such tract, and the denominator of which shall be the total linear footage of the Shell Re-alignment (including the linear footage of the connection from the re-aligned Shell Road to Sequoia Spur Drive). The PID assessment on each tract shall be due at the time the property is platted, at the time of the sale of the property, or within seven (7) years after the Shell Re-alignment is completed and open to the public, whichever occurs earlier. Notwithstanding the foregoing, the PID assessment on the HED tract shall not be due and owing until the Shell Re-alignment, including the installation of the Williams Drive traffic light and the construction of the Sequoia Spur connection, is completed and open to the public. RROCK/Behrens2000: Feasibility.Res