The URL can be used to link to this page

Home My WebLink AboutResolution - 2017-R0449 - PID For Bell Farms - 12/07/2017Resolution No. 2017-R0449 Item No. 5.3 December 7, 2017 RESOLUTION WHEREAS, the City of Lubbock, Texas (the "City") has received a petition requesting the creation of a public improvement district (the "PID Petition") according to Chapter 372 of the Texas Local Government Code (the "Code"), and a copy of the PID Petition is attached as "Exhibit 1" to this Resolution; and WHEREAS, the PID Petition contains signatures from: (a) the owners of taxable real property representing more than fifty percent (50%) of the appraised value of the real property liable for assessment within the area described in the PID Petition as determined by the current roll of the Lubbock Central Appraisal District, with such area being known as Bell Farms and which is depicted and described in the attached "Exhibit 2;" and, (b) the record owners of real property liable for assessment under the PID Petition who: (1) constitute more than fifty percent (50%) of all record owners of property that is liable for assessment under the area depicted and described in the PID Petition; and (2) own taxable real property that constitutes more than fifty percent (50%) of the area of all taxable real property that is liable for assessment under the area depicted and described in the PID Petition; and WHEREAS, the PID Petition has been examined and verified by City staff and is now found by the City Council of the City (the "City Council") to meet the requirements of the Code and to be sufficient for consideration by the City Council; and WHEREAS, the City Council desires to accept the PID Petition and desires to schedule a public hearing to consider the formation of a public improvement district for the area depicted and described in "Exhibit 2," with such public improvement district proposed to provide for the: (a) acquisition, construction, or drainage facilities or improvements; (b) design, construction, and maintenance of parks and green spaces, together with any ancillary structures, features, or amenities such as playgrounds, splash pads, pools, athletic facilities, pavilions, community facilities, irrigation, walkways, lighting, benches, trash receptacles, and any similar items located therein along with all necessary grading, drainage, landscaping, hardscaping and irrigation of such parks and green spaces; and (c) payment of costs associated with developing and financing the public improvements listed in subdivision (a) including costs of establishing, administering, and operating the District; and, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1: THAT the Council finds that the PID Petition meets the requirements of the Code and, therefore, the Council hereby accepts the PID Petition as presented by the petitioner. SECTION 2: THAT a public hearing is hereby scheduled at 5:15 PM, January 11, 2018, in the City Council Chambers, 1625 131h Street, Lubbock, Texas, to receive public comment on the formation of a public improvement district for the area depicted and described in "Exhibit 2." SECTION 3: THAT notice of said hearing shall be published in a newspaper of general circulation in the City before the fifteenth (15th) day prior to the hearing. SECTION 4: THAT written notice shall be mailed to each property owner, as reflected on the tax rolls, of the property subject to assessment under the proposed public improvement district, before the fifteenth (15th) day prior to the date set for the hearing. Passed by the City Council on December 7 , 2017. DANIEL M. POPE, MAYOR ATTEST: Q,*L&cx�, . _." Reb tca Garza, City Secreta APPROVED AS TO CONTENT: Blu Koste4ich, Chief Financial Officer APPROVED AS TO FORM: Just' Pruit , Assist 1t City Attorney ccdocs/RES. Economic Development — Public Improvement District Petition Acceptance — Bell Farms November 11, 2017 CITY OF LUBBOCK § COUNTY OF LUBBOCK § STATE OF TEXAS § CERTIFICATE TO COPY OF PUBLIC RECORD I hereby certify, in the performance of the functions of my office, that all signatures on the attached document have been verified and that the same constitutes record owners of taxable real property representing more than fifty percent (50%) of the appraised value of the property (as determined by the current roll of the Appraisal District, January 1, 2017) in the area known as Bell Farms, as shown on the attached map, AND owners of more than fifty percent (506/o) of the area of all taxable real property that is liable for assessment under the proposal as required by Section 372.005(b) of the Texas Local Government Code; the petitioners own 100% of the land; said documents appear of record in my office and that said documents are an official record from the public office of the City Secretary of the City of Lubbock, Lubbock County, State of Texas, and is kept in said office. I further certify that I am the City Secretary of the City of Lubbock, that I have legal custody of said record, and that I am a lawful possessor and keeper and have legal custody of the records in said office. In witness whereof I have hereunto set my hand and affixed the official seal of said office the 17th day of November, 2017. (City Seal) 'Q Rebec a Garza City Slecretary City of Lubbock Lubbock County, State of Texas City of Lubbock TEXAS November 15, 2017 To: Becky Garza, City Secretary Cheryl Brock, Director of Budget and Fiscal Planning Blu Kostelich, Chief Financial Officer From : Sally Still Abbe, Director of GIS and Data Services �! Re: Bell Farms Public Improvement District Petition Recently, the City of Lubbock received a petition dated November 2, 2017, from Chris Berry, Betenbough Homes, requesting that the City of Lubbock establish a Public Improvement District (PID) for the proposed Bell Farms development shown on the attached map. PID establishment can only be initiated by a petition of property owners who meet two tests outlined in the state statute. There are two unique property owners, and both owners (or authorized agents) have signed the petition. The first test is that the petition is sufficient if signed by the owners of taxable real property representing more than 50% of the appraised value of the taxable real property liable for assessment by the current roll of the appraisal district (January 1, 2017). Since the petitioners own 100% of the property within the boundary, the petition easily passes the value test. The second test is that the petition must be signed by the record owners of property that constitute more than 50% of the number of record owners or the record owners of more than 50% of the area within the PID. There are only two owners in the PID, who signed the petition, so the petition passes both tests. The notarized signature on the Bell Farms petition was validated by a visual review. Proposed Bell Farms Public Improvement District Parcel Owner Address Legal Description January 1, 2017 Value Area (Sci Ft) Taxable BLK E SEC 16 AB 1000 TR C3 OF SW/4 & AB R328052 BETENBOUGH HOMES INC 6305 82ND ST 664 TR B3 OF NW/4 AC: 125.413 $147,091.00 5462990.28 Yes R329160 BETENBOUGH HOMES INC 6305 82ND 5T BELL FARMS L 1 $17,080.00 4880.00 Yes R329161 BETENBOUGH HOMES INC 6305 82ND 5T BELL FARMS L 2 $17,672.00 5049.00 Yes R329162 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 3 $17,693.00 5055.00 Yes R329163 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L4 $17,717.00 5062.00 Yes R329164 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 5 $17,742.00 5069.00 Yes R329165 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 6 $17,766.00 5076.00 Yes R329166 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 7 $17,787.00 5082.00 Yes R329167 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 8 $17,812.00 5089.00 Yes R329168 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 9 $17,371.00 4963,00 Yes R329169 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 10 $28,672.00 8192.00 Yes R329170 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 11 $19,695.00 5627.00 Yes R329171 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 12 $18,991.00 5426.00 Yes R329172 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 13 $18,991.00 5426.00 Yes R329173 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 14 $18,991.00 5426.00 Yes R329174 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 15 $18,991.00 5426.00 Yes R329175 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 16 $21,102.00 6029.00 Yes R329176 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 17 $23,258.00 6645.00 Yes R329177 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 18 $23,524.00 6721.00 Yes R329178 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 19 $21,102.00 6029.00 Yes R329179 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 20 $18,991.00 5426.00 Yes R329180 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 21 $18,991.00 5426.00 Yes R329181 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 22 $18,991.00 5426.00 Yes R329182 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 23 $18,991.00 5426.00 Yes R329183 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 24 $19,695.00 5627.00 Yes R329184 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 25 $28,672.00 8192.00 Yes R329185 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 26 $28,672.00 8192.00 Yes R329186 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 27 $19,695.00 5627.00 Yes R329187 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 28 $18,991.00 5426.00 Yes R329188 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 29 $18,991.00 5426.00 Yes R329189 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 30 $18,991.00 5426.00 Yes R329190 BETENBOUGH HOMES INC 6305 82ND 5T BELL FARMS L 31 $18,991.00 5426.00 Yes R329191 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 32 $21,102.00 6029.00 Yes R329192 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 33 $23,748.00 6785.00 Yes R329193 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 34 $24,017.00 6862.00 Yes R329194 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 35 $21,102.00 6029.00 Yes R329195 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 36 $18,991.00 5426.00 Yes R329196 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 37 $18,991.00 5426.00 Yes R329197 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 38 $18,991.00 5426.00 Yes R329198 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 39 $18,991.00 5426.00 Yes R329199 BETENBOUGH HOMES INC 6305 82ND 5T BELL FARMS L40 $19,695.00 5627.00 Yes R329200 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 41 $28,672.00 8192.00 Yes R329201 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 42 $23,849.00 6814.00 Yes R329202 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 43 $17,640.00 5040.00 Yes R329203 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 44 $19,600.00 5600.00 Yes R329204 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L45 $17,640.00 SO40.00 Yes R329205 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L46 $19,600.00 5600.00 Yes R329206 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L47 $17,640.00 5040.00 Yes R329207 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 48 $19,600.00 5600.00 Yes R329208 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L49 $23,265.00 6647.00 Yes R329209 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 50 $20,437.00 5839.00 Yes R329210 BETENBOUGH HOMES INC 6305 82ND 5T BELL FARMS L 51 $20,125.00 5750.00 Yes R329211 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 52 $20,125.00 5750.00 Yes R329212 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 53 $18,113.00 5175.00 Yes R329213 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 54 $18,113.00 5175.00 Yes R329214 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 55 $20,125.00 5750.00 Yes R329215 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 56 $18,113.00 5175.00 Yes R329216 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 57 $20,125.00 5750.00 Yes R329217 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 58 $20,125.00 5750.00 Yes R329218 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 59 $18,113.00 5175.00 Yes R329219 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 60 $20,125.00 5750.00 Yes R329220 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 61 $20,125.00 5750.00 Yes R329221 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 62 $18,113.00 5175.00 Yes R329222 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 63 $18,113.00 5175.00 Yes R329223 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 64 $20,125.00 5750.00 Yes R329224 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 65 $18,113.00 5175.00 Yes R329225 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 66 $20,125.00 5750.00 Yes R329226 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 67 $19,509.00 5574.00 Yes R329227 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 68 $21,616.00 6176.00 Yes R329228 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 69 $20,125.00 5750.00 Yes R329229 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 70 $20,125.00 5750.00 Yes R329230 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 71 $18,113.00 5175.00 Yes R329231 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 72 $20,125.00 5750.00 Yes R329232 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 73 $20,125.00 5750.00 Yes R329233 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 74 $20,125.00 5750.00 Yes R329234 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 75 $18,113.00 5175.00 Yes R329235 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 76 $20,125.00 5750.00 Yes R329236 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 77 $20,125.00 5750.00 Yes R329237 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 78 $20,125.00 5750.00 Yes R329238 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 79 $18,113.00 5175.00 Yes R329239 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 80 $20,125.00 5750.00 Yes R329240 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 81 $20,125.00 5750.00 Yes R329241 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 82 $20,125.00 5750.00 Yes R329242 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 83 $18,113.00 5175.00 Yes R329243 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 84 $20,125.00 5750.00 Yes R329244 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L SS $27,755.00 7930.00 Yes Parcel Owner Address Legal Description January 1, 2017 Value Area (Sci Ft) Taxable R329245 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 86 $22,285.00 6367.00 Yes R329246 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 87 $19,604.00 5601.00 Yes R329247 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 88 $19,600.00 5600.00 Yes R329248 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 89 $17,640.00 5040.00 Yes R329249 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 90 $19,600.00 5600.00 Yes R329250 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L91 $17,640.00 5040.00 Yes R329251 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L92 $19,600.00 5600.00 Yes R329252 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 93 $17,640.00 5040.00 Yes R329253 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 94 $17,640.00 5040.00 Yes R329254 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 95 $19,600.00 5600.00 Yes R329255 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 96 $21,042.00 6012.00 Yes R3292S6 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 97 $21,053.00 6015.00 Yes R329257 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L98 $19,600.00 5600.00 Yes R329258 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 99 $19,600.00 5600.00 Yes R329259 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 100 $19,600.00 5600.00 Yes R329260 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 101 $17,640.00 5040.00 Yes R329261 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 102 $19,810.00 5660.00 Yes R329262 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 103 $20,759.00 5931.00 Yes R329263 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 104 $21,476.00 6136.00 Yes R329264 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 105 $22,659.00 6474.00 Yes R329265 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L106 $24,847.00 7099.00 Yes R329266 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 107 $25,795.00 7370.00 Yes R329267 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 108 $25,088.00 7168.00 Yes R329268 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 109 $23,254.00 6644.00 Yes R329269 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 110 $19,576.00 5593.00 Yes R329270 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 111 $20,962.00 5989.00 Yes R329271 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 112 $20,027.00 5722.00 Yes R329272 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 113 $17,640.00 5040.00 Yes R329273 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 114 $19,600.00 5600.00 Yes R329274 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 11S $17,640.00 5040.00 Yes R329275 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 116 $19,600.00 5600.00 Yes R329276 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 117 $22,684.00 6481.00 Yes R329277 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 118 $23,405.00 6687.00 Yes R329278 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 119 $19,600.00 5600.00 Yes R329279 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 120 $17,640.00 5040.00 Yes R329280 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 121 $17,927,00 5122.00 Yes R329281 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 122 $20,920.00 5977.00 Yes R329282 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 123 $22,803.00 6515.00 Yes R329283 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 124 $22,197.00 6342.00 Yes R329284 BETENBOUGH HOMES INC 6305 82ND 5T BELL FARMS L 125 $19,345.00 5527,00 Yes R329285 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 126 $20,692.00 5912.00 Yes R329286 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 127 $19,600.00 5600.00 Yes R329287 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 128 $25,123.00 7178.00 Yes R329288 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 129 $22,922.00 6549.00 Yes R329289 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 130 $21,669.00 6191.00 Yes R329290 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 131 $23,835.00 6810.00 Yes R329291 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 132 $24,252.00 6929.00 Yes R329292 BETENBOUGH HOMES INC 6305 82ND ST BELL FARMS L 133 $32,543.00 9298.00 Yes BLK E SEC 16 AB 664 TR B2 OF NW/4 ACS: R97561 BETENBOUGH HOMES INC 6305 82ND ST 125.237 $375,711.00 5455323.72 Yes BLK E SEC 16 AB 1178 TR A OF NE/4 AC: R97920 MACHA MELVIN & TINA 5423 E WOODROW RD 158 $158,000.00 6882480.00 Yes R97974 MACHA MELVIN & TINA 5423 E WOODROW RD BLK E SEC 16 AB 1179 Tr D OF SE/4 ACS:160 $150,850.00 6969600.00 Yes Totals $3,541,864.00 25,544,734.00 or 586.426 acres Test: 1) Owners of more than 50%of the taxable real property value subject to assessment under the proposal The Petitioners own 100% of the taxable real property within the boundary 2) Owners of more than 50%of the surface area to be assessed under the proposal The Petitioners own 100%of the surface area to be assessed BETENBOUGH HOMES' - November 2, 2017 Cheryl Brock City of Lubbock, Tx 1625 131h Street Lubbock, Tx 79457 RE: Bell Farms, Public Improvement District Dear Honorable Mayor and City Council; Bell Farms is a residential development within the city limits of the City of Lubbock bound on the West by University Ave, the East by Ave P, the North by 130th St (Future Loop 88), and the South by 1461h Street. We are proposing to create a Public Improvement District, "PID", to maintain the public improvements for Bell Farms. In order to comply with the "Public Improvements District Policies and Guidelines", we are providing information as required in Section III. "Guidelines", b. "Petition Requirements". We are providing information regarding items 5-16, as follow: 5. If there is sufficient support to petition to dissolve the Public Improvement District certain requirements in addition to sufficient support must be met in order to dissolve the PID. Those requirements include arrangements to transfer ownership and maintenance of the City owned and PID maintained property. These arrangements are to be made by the Advisory Board and with funds available to the Advisory Board. 6. Map of the area is attached to this email and is to be added to the petition. 7. In regards to the procedure for the nomination of the PID Advisory Board, the process shall be consistent with the bylaws for Public Improvement Districts for the City of Lubbock. BETENBOUGH HOMES` 8. Addressed in Section 2 of the petition. We feel that the "park system" creates a quality of life for the homeowners. Each park will be uniquely different and interconnected through city ROW. 9. Each parcel of City -owned land will be identified as a "Tract" at time of platting. Currently, only Tract B of Bell Farms Lubbock South Office is platted. 10. General description of proposed improvements in Section 2 of the petition. 11. The estimated total cost of the improvements is approximately $1,250,000 and will be paid and constructed by the developer, Betenbough Homes, with no desire for any reimbursement. The estimated cost of the maintenance is approximately $185,629.65 per year and is to be paid for by the PID as soon as the funds are available. This is the estimated cost for the entirety of the "park system". 12. Budget is attached in the service plan. 13. Method of assessment will be based on the net taxable value of the affected properties and will be assessed at $.123 per $100.00 valuation. 14. Documentation of liability insurance will be attached to this letter. 15. Addressed in Section 6 of the petition. 16. Addressed in Section 5 of the petition. Our goal is to provide all of the information requested to continue with the creation of the PID. Please let us know if you have any questions or require any additional information. Chris Berry Development Betenbough Homes PETITION FOR THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT TO FINANCE IMPROVEMENTS TO BELL FARMS THE STATE OF TEXAS § CITY OF LUBBOCK § TO: THE HONORABLE MAYOR AND CITY COUNCIL OF THE CITY OF LUBBOCK: The undersigned petitioners (the "Petitioners"), acting pursuant to the provisions of Chapter 372, Texas Local Government Code, as amended (the "Act"), request that the City of Lubbock create a public improvement district (the "District") in the territory described in Exhibit A attached hereto (the "Land") within the City of Lubbock, Texas (the "City"), and in support of this petition the Petitioners would present the following: Section 1. Standing of Petitioners. In compliance with the requirements of Texas Local Government Code, Section 372.005(b), as determined by the current roll of the Lubbock Central Appraisal District, the Petitioners constitute: (i) the owners of taxable real property representing more than 50% of the appraised value of real property liable for assessment under the proposal described herein, and (ii) the record owners of taxable real property that constitutes more than 50% of the area of all taxable real property that is liable for assessment under such proposal. Section 2. General nature of the proposed public improvements. The general nature of the proposed public improvements is: (i)acquisition, construction, or drainage facilities or improvements, (ii) the design, construction and maintenance of parks and green spaces, together with any ancillary structures, features or amenities such as playgrounds, splash pads, pool(s), athletic facilities, pavilions, community facilities, irrigation, walkways, lighting, benches, trash receptacles and any similar items located there in along with all necessary grading, drainage, and similar infrastructure involved in the construction of such parks and greens; landscaping, hardscaping and irrigation; and (ii) payment of costs associated with developing and financing the public improvements listed in subdivision (i) including costs of establishing, administering and operating the District. Section 3. Estimated cost of the proposed public improvements and annual maintenance: $500,000 estimated for proposed public improvements as mentioned in section 2. Annual maintenance costs - $185,629.65 for proposed improvements made by developer (Betenbough Homes LLC). Section 4. Boundaries. The proposed boundaries of the District are described in Exhibit A and Exhibit B. Section 5. Method of assessment. An assessment methodology has been prepared that will address (i) how the costs of the public improvements paid for with the assessments are assessed against the property in the District, (ii) the assessments to be collected each year, and (iii) reduction of the assessments for costs savings (pursuant to the annual review of the service plan for the District). Additionally, a report will be prepared showing the special benefits accruing to property in the District and how the costs of the public improvements are assessed to property on the basis of the special benefits. The result will be that equal shares of the costs will be imposed on property similarly benefited. In assessing the maintenance of the public improvements, property will be classified based on the net taxable value of the property. The assessment methodology will result in each parcel paying its fair share of the costs of maintaining the public improvements based on the special benefits received by the property from the public improvements and property equally situated paying equal shares of the costs of the public improvements. The annual budget is subject to review by City of Lubbock staff and final approval by the City Council. The annual assessments may be adjusted as a result of the City of Lubbock staff review and City Council approval. Section 6. Apportionment of Cost between the City and the District. The City will not be obligated to provide any funds to finance the proposed public improvements or maintain the public improvements. All of the costs of the proposed public improvements will be paid by assessments of the property within the District and from other sources of funds, if any, available to the developer of the Land. Section 7. Management of the District. The City will manage the District, or a partnership between the municipality or county and the private sector, to the extent allowed by law, the City may contract with either a non-profit, or a for -profit organization, including a Public Facilities Corporation created by the City pursuant to Chapter 303, Texas Local Government Code, to carry out all or a part of the responsibilities of managing the District, including the day-to-day management and administration of the District. Section 8. Advisory board. An advisory board may be established to develop and recommend an improvement plan to the City Council of the City (the "City Council"). The signers of this petition request the establishment of the District and this petition will be filed with the City Secretary in support of the creation of the District by the City Council as herein provided. [Signature on following page] -2- PETITIONERS: Betenbough Homes, LLC ��- Storehouse Land Company, LLC �C f Af �"' Be �e nbou�l� , 'A4\0CktUk 6c "V Signature Page for Petition Land Owner Melvin Macha Land Owner Tina Macha THE STATE OF TEXAS COUNTY OF LUBBOCK On this, the 27th day of October, 2017, before me, the undersigned Notary Public personally appeared i who acknowledged that he is 't, C;� -'4 Betenbough Homes, LL and that he, in such capacity, being duly authorized so to do, executed the foregoing petition for the purposes therein contained by signing his name in such capacity. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. LESLIE McCULLOUGH Notary Public, State of Texas Notary IN 13123722.2 MY Comr►►issW Expires 08.17-202 t THE STATE OF TEXAS § COUNTY OF LUBBOCK § C Notary Public Signature On this, the 271h day of October, 2017, before me, the undersigned Notary Public, personally appeared who acknowledged that he is AA0ri-jg& .- Storehouse Land Company, LLC anV that he, in such capacity, being duly authorized so to do, executed the foregoing petition for the purposes therein contained by signing his name in such capacity. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. JOSHUA WELDY Notary Public, State of Texas �� v��p�iC S►'na�uft Notary IN 13127095.2 MY CommMM Expires ON7.2021 Signature Page for Petition THE STATE OF TEXAS COUNTY OF LUBBOCK On this, the 271h day of October, 2017, before me, the undersigned Notary Public, personally appeared Tina Macha who acknowledged that she is the represented land owner, and that she, in such capacity, being duly authorized so to do, executed the foregoing petition for the purposes therein contained by signing his name in such capacity. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. E��^""P'�, LESLIE WCULLOUGH Notary Pubk State of Texas Notary IN 13123722.2 '"M My Corwion WssW Expires 0& 17.2021 THE STATE OF TEXAS § COUNTY OF LUBBOCK § 40A - C' LSJJQ:�=� t ry Public Signature On this, the 27`h day of October, 2017, before me, the undersigned Notary Public, personally appeared Melvin Macha who acknowledged that she is the represented land owner, and that she, in such capacity, being duly authorized so to do, executed the foregoing petition for the purposes therein contained by signing his name in such capacity. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. C� LESLIE McCULLOUGH Notary Public, State of Texas No ary Public Signature Notary IDI 13123722.2 My CarunissW Expires 08.17-2021 Signature Page for Petition EXHIBIT A The Land METES AND BOUNDS DESCRIPTION: A tract of land located in Section 16, Block E, G.C. & S.F. RR. Co. Survey, Abstracts No. 664, 1000, 1178 and 1179, Lubbock County, Texas, said tract contains 472.11 acres of land, more or less, being further described by metes and bounds as follows: BEGINNING at a point for the most southerly southeast corner of this tract, whence the southeast corner of said Section 16 bears S. 01 ° 32' 10" W. a distance of 55.00 feet and S. 88' 27' 50" E. a distance of 94.66 feet, said section corner having coordinates of Northing: 7,231,077.46 and Easting: 946,079.73, Texas Coordinate System of 1983 (2011), Texas North Central Zone; THENCE N. 880 27' 50" W., parallel with and 55.00 feet north of the south line of said Section 16, a distance of 4632.26 feet to a point of intersection and a corner of this tract; THENCE N. 850 36' 05" W. a distance of 200.25 feet to a point of intersection and a corner of this tract; THENCE N. 880 27' 50" W. a distance of 265.00 feet to a point for the southwest corner of this tract, whence the southwest corner of said Section 16 bears S. 01 ° 32' 10" W. a distance of 65.00 feet and N. 88' 27' 50" W. a distance of 40.00 feet, said section corner having coordinates of Northing: 7,231,217.68 and Easting: 940,850.64, Texas Coordinate System of 1983 (2011), Texas North Central Zone; THENCE N. 01 ° 5 l' 20" E. a distance of 845.29 feet to a point for a corner of this tract; THENCE S. 880 08' 40" E. a distance of 859.55 feet to a point for an ell corner of this tract; THENCE N. 01 ° 51' 20" E. a distance of 1769.53 feet to a point for an ell corner of this tract; THENCE N. 88" 24' 19" W. a distance of 644.59 feet to a point for a corner of this tract; THENCE N. 010 35' 41 " E. a distance of 272.86 feet to a point for a corner of this tract; THENCE N. 260 41' 44" E. a distance of 82.00 feet to a point for a corner of this tract; THENCE southeasterly, along a curve to the right, an arc distance of 33.15 feet, said curve having a radius of 565.00 feet, a delta angle of 03' 21' 43", a chord distance of 33.15 feet and a chord bearing of S. 61 ° 37' 25" E., to a point of intersection and a corner of this tract; THENCE N. 760 19' 3 1 " E. a distance of 14.33 feet to a point of intersection and a corner of this tract; A-1 THENCE N. 320 05' 09" E. a distance of 9.00 feet to a point of intersection and a corner of this tract; THENCE N. 010 48' 38" E. a distance of 1443.88 feet to a point for the northwest corner of this tract, whence the northwest corner of said Section 16 bears N. 88' 11' 22" W. a distance of 336.47 feet and N. 01 ° 48' 38" E. a distance of 842.41 feet, said section corner having coordinates of Northing: 7,236,520.86 and Easting: 941,020.34, Texas Coordinate System of 1983 (2011), Texas North Central Zone; THENCE S. 880 1 F 22" E. a distance of 2279.69 feet to a point of intersection in the centerline of Avenue U and a corner of this tract; THENCE S. 880 08' 40" E. a distance of 2565.54 feet to a point for the northeast corner of this tract, whence the northeast corner of said Section 16 bears S. 88' 06' 18" E. a distance of 55.00 feet and N. 01 ° 53' 42" E. a distance of 839.68 feet, said section corner having coordinates of Northing: 7,236,350.58 and Easting: 946,254.20, Texas Coordinate System of 1983 (2011), Texas North Central Zone; THENCE S. 01 ° 53' 42" E., parallel with and 55.00 feet west of the east line of said Section 16, a distance of 3933.06 feet to a point or intersection and a corner of this tract; THENCE S. 040 45' 27" W. a distance of 200.25 feet to a point or intersection and a corner of this tract; THENCE S. 010 53' 42" E., parallel with and 65.00 feet west of the east line of said Section 16, a distance of 220.00 feet to a point or intersection and a corner of this tract; THENCE S. 460 42' 56" W. a distance of 42.56 feet to the POINT OF BEGINNING. Bearings are based on the Texas Coordinate System of 1983 (2011), Texas North Central Zone. Distances are at surface, in U.S. survey feet. This description was prepared for purposes of instituting a Public Improvement District and does not represent a survey made upon the ground. This description is compiled from information obtained in previous surveys made within said Section 16 and encompassing this tract. A-2 EXHIBIT C Bell Farms PID Service Plan Proposed Revenue/Expense NYorksheet P"' osed -_-- 2nIN 2"I9 •II?n 2112I 2012 2021 2N24 211'c 21117 nFATAL'F. ,IN lkln-ik-t IINI 221 225 21M 225 ±lxi Ix. 111 I.,i _ IV4N.y I4u1v11Y 1'alm.5• S IS.INNI.INMI 41,IISn,INN1 N1,7NI.IXNI 115A56A2o 151515,752 IN4,54067 1_IN''_161N1 '_ii l.'_1,721 2Nt,fi5'I.'_61 11'I.112AIN1 S '1. 112.4JX I1ticulmteJ lRnPerry \'alun I151X1.INN) 44,145,IXN1 15.402.-910 101,9I(058 Il/1(14, 177 I66.IN/1,461 1'I1aJll.'1n 226,464A66 _.5-91,117 _11.1112111 217,199.204 Intl 1 - 6N7 1,246 l,Nl6 .5,287 6,11N 1411 6.662 7,6N2 %,61NI 111,449 a I'_,\su'svnnnl (m SI1.12 - I6,_11NI 52174 `N1,4N1 124.60 Ifi1.617 11"1111 - - - 647,211 01. .\xacx>mmli uS1111N - - - 157.131 IN1.171 2114,215 542517 '1'v1X1 Re..... .S 16,etl7 .55.2211 14,321) 129.9811 170575 2117,7611 163,793 188,853 212,894 S 1: 411.283 Im 1 mmll.1 cost FT 2019-19 FT 2019-20 FT 2020-21 FY 2021 21 FY ZU22-23 1•T 2023-24 IV 2424-25 E\'2.2516 FY 2026-27 FY 2027-2X F_xPE.\5E Pxrk I 555AIN INI hA, no 1171W 11NIb 6y I.1it SIR- I I um) S - 9-11.1 Y.74?INI 1,1N7 NJ Ia'I N7 IAI 111.191.15 11011 IN III,NII I6 11.11?7.1N S N2,19651, PXrk 2 S750N)IN, Ihlxkcl Palk SWA S 2.41NI INI 2AAN INI 2,41696 2,541,90 2,59784 2,649.79 2.702.7'1 2,756 N5 20.591 CX16 i SSII INN11N1 1'ark L-al d m NWA S - - 2,400IN1 2,4-IN INI 2,49616 _' 10, 911 2,591.4 2.64171 : ]02.71 17 N•12 MXrk a S540,INNI INI I`Wya takv Palk l'I xcresaMxn.al S - - R5._1N11INI "ON'5. N1 67.11711 61.37566 111,661.11 ]1.11411 411.794 P..ks ssa.-11Xl All- 1 i2 A- Park at NIA S - 4,NINI.INI 4.1'/61III 4.111112 t,u11 NO 5.111s 67 1_'Nr)11f S75.0111I00 AIR- 1'2 A- Palk lu NFA S - 4.80000 4 N161N1 J!1111± 511'11 NII 11,794 its S]5.INXI m1 Nm6hdlh,xxl F.nlry NlNns S - LAXNI INI I,INNI INI )JNNI IXI 1,(NNI IN) 1.INNI INI IJNXI INI I.I NMI INI I. -I INI MANNI Commoo r;- Nnuce+ 51IX1,IXXI INI \lxlkmX l'alhs1,,C-ncct Parks (l'Xlh and land-1, S 45.INXI INI 45,NNI INI 46AIN 141 47,75416 JN,711145 214.1 X2 F4eclrlc C- 6,r Turk 1lx1illux 11ury,sed link_, 1.4 S - I.RINI MI I,Nl6.IN1 I.N72.12 1911117 I,14N 18 19%711 ?,1.17411 "All761 I S,4J1 El'-ic C'n.l fur lr6,4tIuu 11p -1 PAr 1.4 S - 1 \MII INI 1,40760 1.41375 1A"47 1.49176 1.5_21.1.1 1,51411. I - Ill II r44 Ek- tI,k Cml far Irrk,lk 11"j-d l'etks 21.51, S 14.4011110 I4,.N INI 14.'/N176 Ii2RIAO 15.50,12 15,898.71, 1/2I674 11,.54101 121,595 Admie4lrxliv5 Cosls S 1115N IN) 1157.16 1.9511 it, 15.11711 151n7 N6 16.224.11 I6.54641 16 A7.542 17,1147 \vauxl 111wrunnv C..'u S - 4,IXNI INI 4,1'_II INI 4.24101 4,17u 91 J.511±IIA 4 1.17 111 4.]]6 21 1110 15561 ,,1,L9.5,f1_ bll± (1 SI X511JN.. IN, 1h.1vi F.a 1eXdltwm 5 37.63H." J1,WN.76 113,696.94 170.771_31 179.489.45 IX3.I0I.23 196.797.63 1911-149.14 i S 1.103,IINIA6 lush NSx-rvNs 16Atl6.tltl 34.468.98 87.74021) 104,023A1) 103,827.31 132,099.35 112.791 09 114.056 17 IJ7 'U1 44 5 I17.211I.J4 •I'rnl 'nY A. "-fl, ralc _ . orally ••1:%Ix:ns1 Xn,vlh - _ . a .11Y ASSESSMENT-INFORNIATION, 201 -202� Assessment per$100,000 S120.00 $ 120.00 2024-F urg Assessment per S100,000 $80.00 S 80.00 AVG maintenance cost (landscaping) Monthly Yearly I14 acre $200.00 $2,400.00 I12 Acre $4l)0.00 S4,900.00 1 acre SX(X).00 $9,600.00 3 acres $I,(100.00 $19,200.00 6 acres $3.200.00 UX.400.110 9 acres $6.400.00 $76,X(10.00 SPEC Monthly Well cost S91M110 S600.00 Monthly lighting cost $75.00 $9110,00 LPL Monthly inigation (Iola) S300.00 $3,600.00 Monlhh• irrigation RmIcsty) (hi 75 .r1