HomeMy WebLinkAboutRes 092408-N - GVPID BudgetRESOLUTION NO. 09a Srae1— 1
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, APPROVING THE 2004/05 BUDGET AND RELATED PROPERTY TAX
ASSESSMENT FOR THE GEORGETOWN VILLAGE PUBLIC IMPROVEMENT
DISTRICT #1;
WHEREAS, the City is required by State Law to approve the proposed project and related property
tax assessment for the Georgetown Village Public Improvement District #1 (PID); and
WHEREAS, the proper notice of the property tax assessment was published in the Williamson
County Sun, on August 7, 2004; and
WHEREAS, the assessment supports the service plan for the PID as previously established.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found
and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof,
as if copied verbatim. The City Council hereby finds that this ordinance implements the following policy of
the Century Plan - Policy Plan Element:
I. Finance Policy End 14.0, which states: "All municipal operations are conducted in
an efficient business -like manner and sufficient financial resources for both current and future
needs are provided",
and further finds that the adoption of this resolution is not inconsistent or in conflict with any other Century
Plan Policies, as required by Section 2.03 of the Administrative Chapter of the Policy Plan.
SECTION 2. The City Council of the City of Georgetown hereby approves the proposed budget and
property tax assessment for the Georgetown Village Public Improvement District #1 to be adopted and levied
as required by State Law.
RESOLVED this 28th day of September, 2004.
ATTEST:
Sandra D. Lee
City Secretary
APPROVED AS TO FORM
Patricia Carls, Brown and Carls LLP
City Attorney
Village PID Resolution No. 092AW- A/
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THE CITY OF GEORGETOWN
J
B6Uary Nelon
Mayor
Omo
GEORGETOWN VILLAGE PID #1
MINUTES
GEORGETOWN VILLAGE PUBLIC IMPROVEMENT DISTRICT #1
September 13, 4:30 p.m.
ATTENDEES:
Board Members Present Board members Absent Board Alternates Present
Katherine Dean Chuck Schmidt Brian Ortego
Mark Pustka Pat Whiteaker
Brian Ortego (Acting
Member due to Chuck
Schmidt's Absence)
David Tristan
R.J. Garcia
Marlene McMichael
1. Called meeting to order at 4:42 pm.
2. Read and Approve Minutes from August 17, 2004.
A motion was made to approve the minutes from the August 17, 2004 meeting.
Marlene McMichael — Motioned
Brian Ortego — Seconded Motion
Ayes: R.J. Garcia
Mark Pustka
Katherine Dean
David Tristan
Motion passes six (6) to zero (0).
3. Discuss, Review, and Approve an amended year 2005 GVPID #1 budget because
of 8/17/04, GVPID #1, year 2005, approved budget total mistake.
8/17/04 budget total of $108,950 mistakenly did not include $22,000 for the irrigation
water bill. Therefore when added to the previously approved amount the new and
correct budget total is $130,950.
The $130,950 budget total projects a deficit. Therefore it was agreed by the board to
review at quarterly PID Board meetings the following items to try and minimize this
deficit.
1. Monitor irrigation water usage
2. Investigate and repair the non-functioning rain off sensors at all parks and
irrigated areas.
3. Monitor irrigation repairs / maintenance work.
4. Review dead plant replacement needs.
371 Village Commons Boulevard, Georgetown, Texas 78628
1Page I of 2
m®
GEORGETOWN VILLAGE PID #1
A motion was made to approve a 2005 GVPID 41 budget total of $130, 950.
R.J. Garcia—Motioned
Katherine Dean — Seconded Motion
Ayes: Brian Ortego
Mark Pustka
Marlene McMichael
David Tristan
Motion passes six (6) to zero (0).
3. Confirm assessment rate for year 2005 at $.20/$100 valuation.
A motion was made to confirm the assessment rate for year 2005 at $.20/$100 of
home valuation as was approved at the 8/17/04 GVPID #1 Board Meeting.
Marlene McMichael — Motioned
Brian Ortego — Seconded Motion
Ayes: R.J. Garcia
Mark Pustka
Katherine Dean
David Tristan
Motion passes six (6) to zero (0).
5. Discuss Old Business.
Ability for GVPID #1 to purchase playscape with GVPID #1 funds is still awaiting a
response from Trish Carls, City Attorney.
Open meetings act to be discussed at November GVPID #1 Board Meeting.
6. Discuss New Business.
November 15, 2004 at 4:30 pm is the revised next meeting date for the board.
At next GVPID #1 board meeting a change to the bylaws will be considered from a
third Thursday of the months of August, November, February, May to another day of
the week.
8. Adjourn at 5:34 pm.
371 Village Commons Boulevard, Georgetown, Texas 78628
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Georgetown Village PID #1 Board Proposed 2005 Budget
3118104
filename: pid budget2005.xis
GVPID #1 MAINTENANCE ITEMS
Alleys/Roads
Repair, maintain and replace alley pavement
Subtotal
Landscaping
Mowing and Trimming
Three (3) fertilizer applications
Fungicide
Post Emergent Weed Control
Inspect Irrigation monthly
Subtotal
2005
Budget I Notes
275 2004 Actual Expense.
86,798 We Mow It 2005 Contract
Irrigation Maintenance - As Needed 47725 5% increase of 2004 Budget
Plant replacement. - As Needed 1 7,500 2004 Actual Spent
Subtotal 1 12,225
Other Items
Bench Replacement.
Sign Maintenance - 25 hrs/year @$20/hr
Sign Replacement - one park marker/year
Street Sign Replacement / Maintenance
Lighting maintenance - 25 hrs/yr @ $20/hr
Light replacement
Gazebo Maintenance
Dog Poop Dispensers/Bags for (4) Parks
Subtotal
3% increase over 2004
3% increase over 2004
3% increase over 2004
tom GV Street Sign Replacement I Repair
increase over 2004
3% increase over 2004
3% increase over 2004
Not to exceed amount
Utilities
Irrigation Water/Electric
Subtotal 22,000 Actual 2004 expense.
Administrative
COG administrative fees.
Legal
Office Supplies
City & County Taxes/Fees
Subtotal
TOTAL ESTIMATED ANNUAL COSTS
3,210 3.5% of Projected 2005 tax collected
2,000 0 Spent in 2004
100 0 Spent in 2004
920 1 % of Projected 2005 tax collected
6,229
130,950
Projected GVPID #1 Tax Income 2005 (Conservative 91,675
estimate according to WCAD
Projected Budget Deficit to be subsidized by Develo er 39,275