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Home My WebLink AboutRES 072418-L - GVPID Assessment RollRESOLUTION NO. -7a� 1<3- L A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AUTHORIZING THE FILING OF THE ASSESSMENT ROLL FOR THE GEORGETOWN VILLAGE PUBLIC IMPROVEMENT DISTRICT #1; AND SETTING A PUBLIC HEARING DATE FOR THE ASSESSMENT FOR AUGUST 14, 2018. WHEREAS, the City is required by State Law to file the proposed assessment roll for the Georgetown Village Public Improvement District #1 ("District") with the City Secretary's Office for public inspection; and WHEREAS, the City will provide notice of the assessment levy to the residents within the District and hold a public hearing on August 14, 2018, to provide a reasonable opportunity for any property owner located within the District to speak for or against the assessment against real property and real property improvements exclusive of right-of-way, to continue funding for the District for the purpose of providing supplemental services and improvements; and WHEREAS, the Council will subsequently adopt the 2019 Service Plan, including the Assessment Plan, and the levy the assessment on August 14, 2018, following the public hearing. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. Pursuant to the requirements by State Law, the Council, after reviewing the proposed Service Plan for the Georgetown Village Public Improvement District #1 attached hereto as Exhibit "A", will consider approval of the final Service Plan for 2019 subject to the public hearing on August 15, 2018. SECTION 2. That a public hearing shall be held at 6:00 p.m. on August 14, 2018, in the City Council Chambers, 101 E 7th St., Georgetown, Texas, at which time any interested person may appear and speak for or against the setting of an assessment against real property and real property improvements, exclusive of rights-of-way, to continue funding for the District for the purpose of providing supplemental services and improvements. SECTION 3. That notice of such public hearing shall be published in the official newspaper of the City of Georgetown and mailed to the property owners in the District before the 10th day before the public hearing. SECHON 4. The Mayor is hereby authorized to execute, and the City Secretary to attest this Resolution. Resolution No. 0 -7;1 1 149 - L— Description: GVPID Filing of Assessment Roll and setting Public Hearing date Date Approved: July 24, 2018 Page t of 2 SECTION 5. This Resolution shall become effective immediately upon adoption. RESOLVED this 241h day of July, 2018. ATTEST: Shelley Na Ping Cj City Secreta i PROVED S TO FORM: Charles McNabb City Attorney THE CITY OF GEORGETOWN: Dale Ross Mayor Resolution No. u—)34 1 40 — L— Description: GVPID Filing of Assessment Roll and setting Public Hearing date Date Approved: July 24, 2018 Page 2 of 2 GEORGETOWN VILLAGE PUBLIC IMPROVEMENT DISTRICT 2019 SERVICE PLAN, ASSESSMENT PLAN AND 2018 ASSESSMENT ROLL Chapter 372 of the Local Government Code of the State of Texas, known as the "Public Improvement Assessment Act" (the "Act"), authorizes and defines the formation of a Public Improvement District within the State of Texas. By action taken by their City Council, the City of Georgetown (the "City") passed Resolution No. 990223-N, which authorized the creation of the Georgetown Village Public Improvement District No. 1, and which has been amended to include additional acreage via Resolution Numbers 050801 -AA -1, 032602-R, 040803-V-2, 011309 -JJ, 062612-M, and 072214-R (the "District'). In compliance with the requirements outlined in various sections of the Act, the Five - Year Service Plan and Assessment Plan for the District is defined herein. Section 1_ Improvements and Services to be provided for the District After analyzing the improvements authorized by the Act, the City determined that the services and improvements described herein should be provided within the District and will be of special benefit to the District. The purpose of the District is to supplement and enhance services within the District, but not to replace or supplant existing City services provided within the District. The general nature of the proposed services and improvements to be performed by the District are described below and more defined in Attachment I attached hereto and incorporated herein: r Pocket parks, landscape areas, street trees, sidewalks, trails, alleyways, distinctive lighting and signage, recreational facilities, water quality facilities, and other related improvements. + The services to be provided by the District (the "Services") shall consist of those necessary for the administration and operation of the District, including those of the City and the annual collection of assessments. Section 2. Five -Year Service Plan, The total estimated cost of services and improvements to be provided for the District for the next five (5) years is approximately $2,266,770 (Attachment II). The estimated average annual cost is approximately $453,354 not including interest. The District shall incur no bonded indebtedness. Section 3. Method of Assessment The proposed method of assessment, which specifies included or excluded classes of assessable property, is based on the value of the real property and real property improvements as determined by the Williamson Central Appraisal District (WCAD). Public rights-of-way, City of Georgetown property and properties otherwise exempt from ad valorem taxes are exempt from assessment. Section 4. Assessment Roll The District is described as being those properties described in Attachment III, attached hereto and incorporated herein. Section 5. Assessment Plan After analyzing the assessment methods allowed under the Act, the City has determined to allocate costs based upon appraised value; that the assessments are based on the benefits of the Improvements; that the assessments are fair and equitable; and the appraised value method is the most reasonable means of allocating the costs of the services to be provided. ection 6. Levy of Assessments There is to be levied by the City an assessment of $0.14 per $100 valuation ("Assessment") to pay the annual costs of the Improvements. Each annual Assessment, together with interest in the unpaid amount of each Assessment, shall be due and payable on or before January 31 of each year, with the first annual assessment occurring January 1 of the first year after the assessed lot is part of a final, recorded subdivision plat. Each subsequent annual Assessment shall be delinquent if not paid prior to January 31 of the subsequent year such annual Assessment is due. As authorized by Section 372.003(14) of the Act, there shall be levied each year an Assessment to pay the annual costs of the administration and operation of the District. This levy shall remain in effect from year to year until the City adjusts the levy after a hearing and a determination of benefits in any year pursuant to Section 372.015(d) of the Act. Section 7. Interest of Delinquent Annual Assessments A delinquent Assessment will accrue interest at the rate of one percent (1%) for each month or portion of a month the Assessment remains unpaid after it becomes delinquent. Section 8. Penalties A delinquent Assessment incurs a penalty of six percent (6%) of the annual Assessment for each calendar month or fraction thereof it is delinquent plus one percent (1%) from each additional month or fraction thereof the Assessment remains unpaid prior to January 31 of the year in which it becomes delinquent; however, an Assessment delinquent on July 1 of the year in which the Assessment is due incurs a total penalty of twelve percent (12%) of the amount of the delinquent Assessment without regard to the number of months the Assessment has been delinquent. Penalties shall not exceed the amount permitted by the Act or any other applicable law. Section 9. Additional Penalties If an Assessment remains delinquent on July 15 in the year in which the Assessment became delinquent, there shall be imposed an additional penalty to defray costs of collection if it necessary for the City to contract with an attorney for the purposes of representing the City in the collection of the delinquent Assessment. The additional penalty shall be fifteen percent (15%) of the annual Assessment and the penalties and interest on the annual Assessment. Penalties shall not exceed the amount permitted by the Act or any other applicable law. Section 10. Lien for Collection of Assessments Assessments together with interest, penalties and expense of collection and reasonable attorney fees, as permitted by the Act, shall be a first and prior lien against the property assessed, superior to all other liens and claims, except liens or claims for state, county, school district or municipal ad valorem taxes, and shall be a liability of and a charge against the owner of the property regardless of whether the owners are named. The lien for Assessments and the penalties and interest is effective from the date of the Ordinance levying the Assessments until the Assessment is paid, and shall be enforced by the City in the same manner provided by the Texas Tax Code for collecting ad valorem taxes on real property. Section 11. AM] icabi I ity of Tax Code To the extent not inconsistent with the Ordinance levying Assessments, and not inconsistent with the Act or the other laws governing public improvement districts, the provisions of the Texas Tax Code shall be applicable to the imposition and collection of Assessments by the City. Attachment I Georgetown Village Public Improvement District (GVPID) Assessed Public Improvements Pocket Parks and Landscape Areas (Includes all parks less than 1 acre, landscape easement lots, greenbelts, medians, roundabouts, and other landscape areas within the rights-of-way) General Grounds Maintenance ................ .._........--......... ........ ...... ....-.._. Tree trimming/pruning _.. .,...m_..-..._.._w.--.._.�..............._._...._ Plant and tree removal and replacement Landscapirt Irrigation (maintenance, repair and replacement Utilities Street Trees (Includes maintenance, removal and preparation for new tree) Tree trimming/pruning Removal and preparation for new appropriate tree Sidewalks and Trails (Includes walkways around perimeter, trails in park and landscape easement lots, pedestrian alleyways, and sidewalks affected by the street trees) Maintenance, repair and replacement Alleyways (Excludes storm water drainage improvements; inlets, catch basins and buried pipe) Maintenance, repair and replacement of pavement Distinctive Lighting (GVPID parks, gazebo and street antique street lights) Maintenance (paint and coating) Signage (Includes special brown street signs, trail signs and markers, park name signs, and subdivision entry and directional signs) Maintenance, rr_piir and replacement Recreational Facilities and other hardscape improvements (Includes gazebo, playscape shade structures, mutt mitt dispenser, park benches, tables, trash receptacles, and Shell Rd fence) Maintenance and reaair Water Quality Facilities (Includes Water Quality Pond rehabilitation ❑naoing maintenance- Administrative Costs and Other Related Improvements (Services needed for the administration and operation of the District) City cost to administer annual fee assessment and collection (Accountant and Controller) -- -- ----- - ----------------- Administrative Personnel Office Supplies ---------- ... ............. _...-.,,-- - ..._ �..._..... - , Plans and Communication/Notices Insurance Attachment II Georgetown Village PID Five -Year Service Plan FY 2019 - 2023 Beginning Fund Balance Revenue: Ad Valorem Taxes Interest Total Revenue Expense: Administrative Fee Office Supplies Insurance Contracts & Leases, Primary' Contracts & Leases, Secondary2 Special Services3 Above Ground Improvements Utilities / Irrigation Maintenance, Alleys Maintenance, Sidewalks Maintenance, Irrigation Maintenance, Ponds Pond Rehabilitation Maintenance, Street Trees Maintenance, Repairs Expense Subtotal Projects: Eastside (Rowan) Park Improvements Parklets Shell Landscape Improvement Projects Subtotal Total Expense Contingency Reserve Madrone Park Ending Fund Balance [11 Landscaping, plant replacement [21 Minor additional landscaping, [31 City and County taxes/fees Estimated FY19 Projected FY20 Projected FY21 Projected FY22 Projected FY23 762.996 332 24,143 57,731 85,643 426,392 439.184 452,359 465.930 479,908 4,000 4,000 4,000 4,000 4,000 430,392 443,184 456,359 469,930 483,908 54.134 55,217 56.321 57,448 58,597 300 300 300 300 300 500 600 600 600 600 90,160 90,160 90,160 98.889 108,490 15.000 15.000 15.000 15.000 15.000 5.000 5,000 5,500 5,500 5.500 20,000 20,000 41,000 41.000 42,000 42,000 42,500 500 5,000 1 5.000 15,000 15,000 30,000 30,000 25,000 20,000 20.000 6,000 6.000 8,500 8,500 8.500 6,300 6,300 6,300 10,300 10,300 90,360 50,000 35,000 35.000 12,000 15,000 10,000 20,000 20,000 20,000 20,000 308.894 309,577 309.681 325,536 430,147 143,141 - 279.794 160,000 _ 582,935 891,829 309.577 309,681 325,536 430,147 106, 000 109.796 113.090 116,483 119,977 195,227 332 24,143 57,731 1 85,643 19,427