HomeMy WebLinkAboutResolution - 2021-R0413 - Assessment for Northwest Passage PID 10.12.21Resolution No. 2021-R0413
Item No. 8.18
October 12, 2021
RESOLUTION
WHEREAS, through Resolution 2021-RO363 the City Council of the City of Lubbock
(the "Council") has authorized the creation of the Northwest Passage Public
Improvement District (the "PID") pursuant to Chapter 372 of the Texas Local
Government Code (the "Code"); and
WHEREAS, the Code requires the Council to review and approve an ongoing Service
Plan (the "Plan") for the PID, with such Plan covering a period of at least five (5) years,
defining the annual indebtedness, projecting the costs for improvements in the PID, and
including an assessment plan for the PID; and
WHEREAS, the Code requires the Council to prepare a proposed assessment roll (the
"Roll") stating the assessment against each parcel of land in the PID, with such Roll to
be filed with the municipal secretary and being made available for public inspection; and
WHEREAS, based on the Roll, the Code requires the Council to apportion the cost of
improvements and services to be assessed against the property within the PID on the
basis of special benefits accruing to such property because of said improvements or
services and to establish the methods for the assessment of the special benefits among
the various classes of property within the PID; and
WHEREAS, the Code requires the Council to hold a public hearing to consider the
proposed apportionment and assessment for the PID, and for the Council to require that
notice of the public hearing is published in a newspaper of general circulation within the
City of Lubbock, and that notice of the public hearing is mailed to owners of property
liable for assessment within the PID; and NOW, THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION 1: THAT city staff is hereby directed to prepare a Service Plan for the
Northwest Passage Public Improvement District, with such Service Plan covering a
period of at least five (5) years, defining the annual indebtedness, projecting the costs for
improvements in the Northwest Passage Public Improvement District, and including an
assessment plan for the Northwest Passage Public Improvement District.
SECTION 2: THAT city staff is hereby directed to prepare a proposed assessment roll
for the Northwest Passage Public Improvement District stating the assessment against
each parcel of land in the Northwest Passage Public Improvement District, with such
proposed assessment roll to be filed with the municipal secretary and being made
available for public inspection.
SECTION 3: THAT a public hearing is hereby scheduled at five in the evening (5:00
PM), Tuesday, October 26, 2021, in the City Council Chambers, 1314 Avenue K,
Lubbock, Texas, to consider the proposed apportionment and assessment for the
Northwest Passage Public Improvement District.
SECTION 4: THAT the notice of the aforementioned public hearing shall be published
in a newspaper of general circulation in the city before the tenth (1 Oth) day before the date
of the public hearing as required by Chapter 372 of the Texas Local Government Code,
with such notice containing the date, time, and place of the public hearing; the general
nature of the improvements and services; the cost of the improvements and services; the
boundaries of the assessment district; and, a statement that written or oral objections will
be considered at the public hearing.
SECTION 5: THAT when the proposed assessment roll is filed with the municipal
secretary, city staff is hereby directed to mail to the last known address of each property
owner liable for assessment (as reflected on the tax rolls) a notice of the public hearing
containing, at a minimum, the information contained in the published notice.
Passed by the City Council on October 12 , 2021.
DANIEL M. POP , MAYOR
ATTEST:
Rebec a Garza, City Secret y
APPROVED AS TO
Gerardi, Director,of Business Development
APPROVED AS TO FORM:
A4J'W�
elli Leisure, Assistant City Attorney
City of Lubbock, TX
Finance Department
Northwest Passage PID Projected Assessment Roll
Exhibit 2
Property • Owner Name Owner Address Property Address Legal Description
4r. Acres Market Value Taxable Value Taxable Value Assessment
R63099 NWP EB-S PROJECT LLC 1500 BROADWAY ST STE 1500 BLK JS SEC 11 AB 343 TR A AC: 233.70 1,168,500 1,168,500 1,168,500 $ 1,752.75
LUBBOCK,TX 79401 233.7
I R66307 NWP EB-5 PROJECT LLC 1500 BROADWAY ST STE 1500 BLK A SEC 14 AB 861 TR A OF 206.14 1.030.700 1.030.700 1.030.700 1.546.05
LUBBOCK,TX 79401
S/ 2 ACS: 206.14
R82421 NWP EB-S PROJECT LLC 1500 BROADWAY ST STE 1500
LUBBOCK,TX 79401
5601 URSULINE ST,
LUBBOCK, TX 79416
BLK JS SEC 6 AB 1492 TR A &
AIOF NW/4 AC: 152.606
152.61
757,939
757,939
757,939
1,136.91
R82485 NWP EB-5 PROJECT LLC 1500 BROADWAY ST STE 1500
LUBBOCK,TX 79401
5201 URSULINE ST,
LUBBOCK, TX 79416
BLK JS SEC 6 AB 1516 TR B ACS:
154.12
154.12
770,600
770,600
770,600
1,155.90
R63214 NWP EB-5 PROJECT LLC 1500 BROADWAY ST STE 1500
LUBBOCK,TX 79401
5521 N CR 2000
BLK JS SEC 11 AB 343 TR B
AC:245.49
245.49
1,273,930
1,273,930
1,273,930
1,910.90
992.06
5,001,669
5,001,669
5,001,669 $
7,S02.S0