HomeMy WebLinkAboutPetition for Establishment of GVPID No. 1 - 09.15.1998STATE OF TEXAS
COUNTY OF WILLIAMSON
PETITION FOR ESTABLISHMENT OF
GEORGETOWN VILLAGE PUBLIC IMPROVEMENT DISTRICT #1
TO THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AND THE
MAYOR OF THE CITY OF GEORGETOWN, TEXAS:
WHEREAS, the undersigned property owners, pursuant to the Public Improvement
Assessment Act, Chapter 372.001 et seq., Local Government Code, Vernon's Annot. Civil
Statutes, respectfully petition the Mayor and the City Council for the establishment of
the Georgetown Village Public Improvement Assessment District #1 (the "PID"), and
WHEREAS, the undersigned property owners are the majority property owners
within the area to be included within the proposed district, NOW THEREFORE
In support of said petition, Petitioners would show unto the City Council the following:
1. General Nature of Proposed Improvements.
The Proposed Improvements shall consist of:
a) a Maintenance Assessment;
A perpetual assessment for the administration and maintenance of park
facilities, recreational facilities, landscaping, lighting, open spaces, pedestrian
alleyways, signage and other related amenities, said Maintenance Assessment to
supplement the normal city operations and maintenance of said park facilities,
recreational facilities, landscaping, lighting, open spaces, pedestrian alleyways,
signage, and other related amenities; and
b) a Capital Improvement Assessment;
A one-time assessment for the acquisition and construction of park facilities,
recreational facilities, landscaping, lighting, open spaces, pedestrian alleyways,
signage and other related amenities, said Capital Improvement Assessment to
reimburse the Petitioners or its assigns for the acquisition and construction costs
of said park facilities, recreational facilities, landscaping, lighting, open spaces,
and other related amenities.
2. Estimated Costs of Improvements.
a) Maintenance Assessment;
The estimated costs of the Maintenance Assessment shall be an annual, per lot
assessment, including improvements, of $0.15 per $100 assessed valuation, as
determined by the Williamson County Appraisal District.
b) Capital Improvement Assessment;
The estimated cost of the Capital Improvement Assessment shall be $1,000 per
lot, due and payable at time of recordation of final plat.
3. Boundaries of the Proposed Assessment District.
The boundaries of the proposed assessment district are described in Exhibit "A",
attached hereto and incorporated herein.
4. Proposed Method of Assessment.
a) Maintenance Assessment
The proposed method of assessment for the Maintenancg Assessment shall be
based upon the annual, assessed value of each lot. The assessment on each lot
shall commence on January 1 of the first year after said lot is part of a final,
recorded subdivision plat.
b) Capital Improvement Assessment
The proposed method of assessment for the Capital Improvement Assessment
shall be a one-time assessment of $1,000 per lot, payable in full upon the
recordation of the final subdivision plat.
5. Management of District.
The Proposed District shall be managed by a board consisting of five (5)
members chosen by the City Council of Georgetown, Texas, three (3) of which
shall be owners of real property within the PID.
6. Concurrence of the Establishment of the District.
All of the undersigned request and/or concur with the establishment of the
Georgetown Village Public Improvement Assessment District #1.
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7. Establishment of an Advisory Body.
An advisory body may be established, pursuant to Article 372.008, to develop
and recommend an improvement plan to the City. The Advisory Body may
contain the same members of the board in Section 5, above.
8. Apportionment of Costs
a) Maintenance Assessment;
The costs of the Maintenance Assessment shall be borne entirely by the platted
lots within the boundaries of the PID. The Maintenance Assessments shall be
placed in a special fund which shall be used to operate and maintain the
parklands and other recreational amenities consistent with the quality and
character of the subdivision, and as a supplement to city Parks and Recreation
funds normally expended on the parklands and other amenities within the PID.
b) Capital Improvement Assessment;
The costs of the Capital Improvement Assessment shall be borne entirely by the
platted lots within the boundaries of the PID. The Capital Improvement
Assessment shall be a one-time assessment on each lot in the subdivision, due
when the subdivision plat in which the lot is located is .recorded. All Capital
Improvement Assessments collected shall be placed into a special fund, which
shall be used to pay Petitioner or its assigns for any costs incurred for the
construction of recreational capital improvements within the PID, or to repay
any debts incurred for the construction of recreational capital improvements
within the PID, or as a supplement to any city funds normally expended for the
construction of recreational capital improvements within the PID.
SIGNED this the t5 day of ca 1998.
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Respectfully submitted,
SHELL RANCH DEVELOPMENT, INC.
WeeKle
V%T-EK-L-Y HOMES, L.P
Delaware limited oartd
a
Printed N
ACKNOWLEDGMENT
STATE OF TEXAS
COUNTY OF WILLIAMSON
This }nstr}lmnt was acl wledge before me on the RtO day ofSC�-, 1998, by
10441 of Shell Ranch Development, Inc., on
behalf of said corporation.
MATT NAISER R
* * NOTARY PUBLIC
State of Texas
COMM. Exp. 01-24-99
INNI�IIIIM.a*a:`
STATE OF TEXAS
Notaryblic, State of� s
COUNTY OF WILLIAMSON
ACKNOWLEDGMENT
PAiAICIA A. DETROFF
:'€ MY COMMISSION EXPIRES i.
March 28, 2002
This instrument was a cnowledged before me on the 131— day of SpL 1998, by
StJhny1�LSr1 . of W= Homes. L.P. , a Delaware
limited partnership, on behalf of said limited partnership.
n - -- ^
Public, State of Texas
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