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HomeMy WebLinkAboutResolution - 2022-R0186 - Interlocal Agreement with Lubbock Central Appraisal District - Willow Bend Villas PIDResolution No. 2022-RO186 Item No. 7.10 April 26, 2022 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute and on behalf of the City of Lubbock, an Interlocal Agreement for the Collection of Assessme Levied on Property Within the Willow Bend Villas Public Improvement District, by and betw the City of Lubbock and Lubbock Central Appraisal District of Lubbock, Texas, and relf documents. Said Agreement is attached hereto and incorporated in this resolution as if fully forth herein and shall be included in the minutes of the City Council. Passed by the City Council on ATTEST: April 26, 2022 DANIEL M. POPE, MAYOR C), velee 4. - Rebec a Garza, City Secret y APPROVED AS TO CONTENT: D. lu K telich, Chi cial Officer APPROVED AS TO FORM: K lli Leisure, Assistant City Attorney ccdocs/RES.Interlocal Agreement-LCAD, Willow Bend Villas PID 4.4.20 Resolution No. 2022-RO186 INTERLOCAL AGREEMENT FOR THE COLLECTION OF ASSESSMENTS LEVIED ON PROPERTY WITHIN THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT This Interlocal Agreement for the Collection of Assessments Levied on Property Within the Willow Bend Villas Public Improvement District (this "Agreement") is made by and between the City of Lubbock, Texas, a State of Texas Home Rule Municipal Corporation (the "City"), and the Lubbock Central Appraisal District, (the "LCAD") (each a "Party" and collectively the "Parties"), for the collection of assessments levied within the Willow Bend Villas Public Improvement District of the City of Lubbock (the "PID") pursuant to the authority granted by, and in compliance with, the provisions of the Interlocal Cooperation Act, Chapter 791 of the Texas Government Code, and the provisions of Chapter 372 of the Texas Local Government Code (the "Act'). RECITALS WHEREAS, on October 26, 2021 the City Council of the City (the "Council') passed Resolution 2021-RO439 according to the Act, and designated the Council as the entity responsible for the management and provision of services to the PID, with such Resolution attached to this Agreement as "Exhibit A" ; and WHEREAS, on December 14, 2021, the Council passed Ordinance 2021-00170, approving the Service Plan for the PID, with such Service Plan attached to this Agreement as "Exhibit B" ; and WHEREAS, the Council levied assessments for 2022 in accordance with the Service Plan; and WHEREAS, the Act requires that the Council annually review the Service Plan, prepare and file a proposed assessment roll with the City Secretary, schedule a public hearing and receive public comment on the proposed assessments to be levied on the property within the PID, and levy assessments according to the Service Plan; and WHEREAS, the Council desires to enter into a contract with LCAD to provide all the services necessary for the collection of assessments levied by the Council against the property within the PID and to deposit such assessments with the City for the benefit of the PID; and WHEREAS, LCAD is able and willing to perform said assessment collection services and desires to enter into a contract with the City for the collection of assessments levied on property within the PID; and NOW THEREFORE, the Parties agree as follows: AGREEMENT ARTICLE I: RECITALS AND EXHIBITS MADE A PART OF AGREEMENT The representations, covenants, and recitations set forth in the foregoing Recitals are material to this Agreement and are hereby incorporated into and made a part of this Agreement as though they were fully set forth in this Article I. "Exhibits A and B" attached hereto are incorporated into this Agreement as if fully set forth herein. City of Lubbock & Lubbock Central Appraisal District — Willow Bend Villas PID Assessment Collection Agreement Page 4 ARTICLE II: RESPONSIBILITIES OF LCAD (a) LCAD, acting by and through its duly authorized officers, does hereby agree to perform all calculation and collection services on behalf of the PID pursuant to the Act and City Ordinance 2021-00170, and to forward said funds to the City for deposit into a fund designated for assessments levied on property within the PID (the "PID Fund"). (b) LCAD agrees to identify the properties within the PID liable for assessment and to calculate the assessment due to the PID based on the City's 2022 net taxable value as determined by LCAD for each property designated to be assessed under Ordinance 2021-00170. (c) LCAD will send assessment bills to each affected property owner within the PID prior to November 15, with such assessment bills due the following January 31.On or before March 1 of each year, and again prior to May 1, LCAD will calculate the amount of assessments collected from property owners within the PID, and such amount shall be forwarded to the City for deposit into the PID Fund. ARTICLE III: RESPONSIBILITIES OF THE CITY (a) The City shall provide to LCAD the following documents: a certified copy of Ordinance 2021- 00170; a list of the properties within the PID, identified by legal description and appraisal district account number, designated for assessment under current and future assessment ordinances; and, the name and phone number of a designated City official to be included on the annual assessment bill for the purpose of answering questions concerning the assessment contemplated under this Agreement. (b) The PID, acting by and through its Board of Directors and the Council, does hereby agree to pay to LCAD as compensation for services rendered pursuant to this Agreement, for all parcels within the PID, an amount equal to the cost per parcel for all other cities and independent school districts as calculated in the AGREEMENT FOR ASSESSMENT AND COLLECTION OF TAXES between the City and LCAD or one quarter ('/) of one percent (1 %) of the annual collection budget of LCAD, whichever is greater. (c) The compensation considered in Article III (b) shall be deducted by LCAD from the total annual PID assessment collected prior to the collected funds being forwarded to the City for deposit. Such deduction in the total annual amount of annual collected assessment shall include a notation of the amount deducted and all relative documentation. ARTICLE IV: COLLECTION OF DELINQUENT ASSESSMENTS LCAD may contract with any competent attorney to assist in the collection of delinquent assessments on behalf of the City acting for the PID. The attorney's compensation shall be set in the contract, but the total amount of compensation provided to the attorney may not exceed the amount authorized in Section 6.03 of the Texas Property Tax Code. Said compensation shall be a deduction in the total annual amount of annual collected assessment and shall include a notation City of Lubbock & Lubbock Central Appraisal District — Willow Bend Villas PID Assessment Collection Agreement Page 5 of the amount deducted and all relative documentation. ARTICLE V: TERM The term of this Agreement shall be for a period of one (1) year, from the date of execution of this Agreement (the "Term"). The Term may be extended through a writing signed by the Parties that incorporates identical provisions laid out in this Agreement (an "Extension"). ARTICLE VI: TERMINATION (a) This Agreement shall not be terminated for convenience by either Party during the Term or any Extension. (b) Upon the breach of any of the provisions contained in this Agreement, the non -breaching Party may terminate this Agreement after giving sixty (60) days written notice to the breaching Party. (c) In the event of early termination provided for in section (b) of this Article, LCAD shall immediately forward to the City any and all funds collected before termination in accordance with Articles II and IV of this agreement. ARTICLE VII: NOTICE Whenever notice of any kind is authorized or required to be made under this Agreement, such notice shall be given by United States registered or certified mail, postage prepaid, return receipt requested and addressed to the Parties as set out below, or to such other address as may hereafter be designated: WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT LUBBOCK CENTRAL APPRAISAL DISTRICT CITY OF LUBBOCK CHIEF APPRAISER, LCAD ATT: DIRECTOR OF FINANCIAL PLANNING & ANALYSIS P.O. Box 10542 P.O. Box 2000 2109 AVE Q 1314 AVENUE K LUBBOCK, TEXAS 79408 LUBBOCK, TEXAS 79457 ARTICLE VIII: AMENDMENTS This Agreement constitutes and expresses the entire arrangement between the Parties and shall not be amended or modified except by written instruments signed by both Parties. SIGNATURES IN WITNESS WHEREOF, the Parties hereby execute this Agreement by their duly authorized representatives on April 26 , 2022. City of Lubbock & Lubbock Central Appraisal District — Willow Bend Villas PID Assessment Collection Agreement Page 6 FOR LOAD: Greg Jones, C irm Board of Directors FOR LOAD: y McQueen, Secretary Board of Directors FOR CITY: Daniel M. Pope, ATTEST: - 6QJZ�� � 67 Becky t arza, City Secretary AS TO CONTENT: A5-� D. Blu Kos Lich, Chie inancial Officer AS TO FORM: Kelli Leisure, Assistant City Attorney City of Lubbock & Lubbock Central Appraisal District — Willow Bend Villas PID Assessment Collection Agreement Page 7 Resolution No. 2021-R0439 Item No. 8.5 EXHIBIT A October 26, 2021 A RESOLUTION OF THE CITY OF LUBBOCK, TEXAS, APPROVING AND AUTHORIZING THE CREATION OF THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT WHEREAS, the City Council (the "Council") of the City of Lubbock (the "City") has received a petition (the "Petition") with signatures from the record owners of taxable real property representing more than fifty percent (501/o) of the appraised value of an area within the City as determined by the most recent certified appraisal roll of the Lubbock Central Appraisal District, and owners of more than fifty percent (50%) of the area of all taxable real property that is liable for assessment under the area covered by the Petition; and WHEREAS, the Petition requests that the City establish a public improvement district according to Chapter 372 of the Texas Local Government Code for the general purpose of financing improvements and services related to: (a) acquisition, construction, or drainage facilities or improvements, 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), 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 (b) payment of costs associated with developing and financing the public improvements listed in subdivision including costs of establishing, administering and operating the District; and WHEREAS, the Petition, a copy of which has been attached to and made a part of this Resolution as "Exhibit I", was examined, verified, found to meet the requirements of Section 372.005(b) of the Texas Local Government Code, and accepted by the City Council; and WHEREAS, the Petition covers property within an area generally bounded by 19'h Street to the North, Kelsey Avenue to the East, and railroad tracks to the south and west, with such property being the development known as Willow Bend Villas, and a description and depiction of the property covered by the Petition is attached to and made a part of this Resolution as "Exhibit 2"; and IEREAS, notice of the public hearing was published in the Lubbock Avalanche- rnal, a daily paper of general circulation in the City, such publication date being before fifteenth (15'h) day before the date of the public hearing, stating the time and place of public hearing, the general nature of the services, the estimated cost of the services, the ndaries of the proposed public improvement district, the method of assessment, and the ortionment of cost between the public improvement district and the City; and EXHIBIT A WHEREAS, before the fifteenth (15 h) day before the date of the public hearing, written notice of the proposed public improvement district was mailed to the current addresses of the record owners, as reflected on the most recent certified appraisal roll of the Lubbock Central Appraisal District, of property subject to assessment under the proposed public improvement district; and WHEREAS, the public hearing was convened at the time and place mentioned in the published notice, on the twenty-sixth (2&) day of October, 2021, at five (5:00) p.m., at Citizen's Tower, located at 1314 Avenue K, Lubbock, Texas; and WHEREAS, in accordance with the published and mailed notices, the Council called the public hearing and heard public comment from interested persons speaking in favor or opposition to the proposed public improvement district and the Council heard a report by City staff on the advisability of the proposed public improvement district and its benefits to the City and to the property within the boundaries of the proposed public improvement district; and WHEREAS, the proponents of the proposed public improvement district offered evidence, both oral and documentary, in favor of all of the foregoing matters relating to the creation of the proposed public improvement district, and opponents of the public improvement district were given the opportunity to appear to contest authorization of the proposed public improvement district, after which the Council closed the hearing; and NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1: THAT the facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct. SECTION 2: THAT after conducting a public hearing, examining evidence, and hearing testimony, the City Council finds and determines the following: (a) That the public hearing on the advisability of authorizing the Willow Bend Villas Public Improvement District has been properly called, held, and conducted and that notice of such hearing has been published and mailed as required by law and delivered to the current address of the owners of property subject to assessment under the Willow Bend Villas Public Improvement District; and (b) That authorization of the Willow Bend Villas Public Improvement District with boundaries depicted and described in "Exhibit 2" is advisable and will result in benefits to the City, its residents, and the property owners in the Willow Bend Villas Public Improvement District for the general purpose of financing improvements and services related to: (a) acquisition, construction, or drainage facilities or improvements, the design, construction, and maintenance of parks and green spaces, together with any ancillary structures, features or amenities such as EXHIBIT A playgrounds, splash pads, pool(s), 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 (b) payment of costs associated with developing and financing the public improvements listed in subdivision including costs of establishing, administering and operating the District; and (c) That the total estimated cost of services and improvements to be paid by the assessment generated within the Willow Bend Villas Public Improvement District through Fiscal Year 2025-26 is approximately one hundred thirty six thousand eight hundred fifty two dollars ($136,852) (the "Costs"), with such Costs being described in "Exhibit 3" attached to and made a part of this Resolution; and (d) That the Costs will be paid by the proposed assessment rate of fifteen cents ($0.15) per one hundred dollars ($100) of valuation of property within the Willow Bend Villas Public Improvement District through Fiscal Year 2025-26, with such proposed assessment being described in "Exhibit 3"; and (e) That as to the apportionment of the Costs between the Willow Bend Villas Public Improvement District and the City, all the Costs will be paid by the Willow Bend Villas Public Improvement District through assessments on the property within the boundaries of the Willow Bend Villas Public Improvement District. SECTION 3: THAT subject to Chapter 372 of the Texas Local Government Code, the City Council hereby authorizes a public improvement district over the area depicted and described in "Exhibit 2" and such public improvement district shall be identified as the Willow Bend Villas Public Improvement District, City of Lubbock, Texas. SECTION 4: THAT the City Council hereby creates the Willow Bend Villas Public Improvement District Advisory Board for the Willow Bend Villas Public Improvement District. The Willow Bend Villas Public Improvement District Advisory Board shall act as an advisory board of the City of Lubbock, and shall initially be composed of five (5) members, each of whom will represent a developer of the property within the Willow Bend Villas Public Improvement District. The Willow Bend Villas Public Improvement District Advisory Board shall follow any and all rules, regulations, policies, and procedures related to City of Lubbock advisory boards and the Criteria and Guidelines for Public Improvement Districts. The initial members of the Advisory Board for the Willow Bend Villas Public Improvement District shall serve a two (2) year term. The City Council may extend the term of the initial governing board beyond two (2) years. The initial Advisory Board of the Willow Bend Villas Public Improvement District will provide recommendations to the City Council on all matters related to the initial development of the Willow Bend Villas Public Improvement District, including matters related to the Costs and to the assessments on properties located within the Willow Bend Villas Public Improvement District. Upon the end of the term of the initial Advisory Board members of the Willow Bend Villas Public Improvement District, an election will be held for the EXHIBIT A Willow Bend Villas property owners to vote on each of the five seats. Once an election has taken place, the City Council will appoint the members of the Willow Bend Villas Public Improvement District Advisory Board. The PID Board shall adopt and be governed by a set of bylaws that, among other things, direct the PID Board as to its membership, its purpose, and its procedure for conducting business related to the Willow Bend Villas Public Improvement District. SECTION 5: THAT if any section, paragraph, clause or provision of this Resolution shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section paragraph, clause or provision shall not affect any of the remaining provisions of this Resolution. Passed by the City Council this 26th day of October , 2021. UVV DANIEL M. POPE, MAYOR ATTEST: - J. &A-eu .1c Rebecka Garza, City Secretaly relopment APPROVED AS TO FORM: A -m4u'," K lli Leisure, Assistant City Attorney EXHIBIT A CITY OF LUBBOCK § COUNTY OF LUBBOCK § STATE OF TEXAS § CERTIFICATION OF SUFFICIENT PETITION I hereby certify, in the performance of the functions of my office, that the attached petition, from property owners requesting the City of Lubbock establish a Public Improvement District (PID) for the proposed Willow Bend Villas development, has been verified and is sufficient. And, that Public Improvement Districts can only be initiated by a petition of property owners who meet a value test and an area test, pursuant to Texas Local Government Code, Sec. 372.005 (b). And, the statutory two test requirement was met: (1) petition is signed by the owners of taxable real property representing more than 500/6 of the appraised value of the taxable real property liable for assessment by the current roll of the appraisal district (September 14, 2021), in the area known as Willow Bend Villas, as shown on the attached map; the petitioners own 100% of the area within the proposed Willow Bend Villas PID; (2) 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; the petitioners own 100% of the total area within the proposed Northwest Passage PID area. I further certify that I am the City Secretary of the City of Lubbock, that said documents appear of record in my office, 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 20th day of September, 2021. (City Seal) -XA 'E. -k Reb=4 Garza City SWNMM City of Lubbock Lubbock County, State of Texas EXHIBIT A c bbokTE Date: September 16, 2021 To: Becky Garza, City Secretary From: Brianna Gerardi, Business Development Director CC: Blu Kostelich, Chief Financial Officer Re: Willow Bend Villas Public Improvement District Petition Recently, the City of Lubbock received petitions from Property Owners requestirgthe City of Lubbock establish a Public Improvement District (PID) for the proposed Willow Bend Villas 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. The first test is that the petition is sufficient if signed by the owners of taxable real property representing more than 50 percent of the appraised value of the taxable real property liable for assessment by the current roll of the appraisal district (September 14, 2021). Since the petitioners own 100 percent of the taxable real property value within the boundary, the petition passes the valuetest. The second test is that the petition must be signed by the record owners of property that constitute more than 50 percent of the number of record owners or the record owners of morethan 50 percent ofthe area withinthe PID. The petitioners own 100percent ofthe total area within the proposed Willow Bend Villas PID area so they pass the area test. The notarized signature on the Willow Bend Villas petitions were validated by a visual review and owners on the petitions were verified against the current tax roll received from Lubbock Central Appraisal District by the Business Development Department and reviewed by GIS and Data Services. r." ' Ow Addw " : lvurAdd� I 1Apes - iiME R30086 BETENSOUGH HOMES LLC 630S 82ND ST WMOM TX W 880CK 79407 UK D6 SEC 6 A8 890 TR D12 & 6IUM $202 w oo $20L107.00 79424-MM TR C 04 AC: 65552 LESS ROW A EAV1151 I A Willow Bend Villas Public Improvement District LU 1.1 i_ L I _ I 1 Q Willow Bend villas Pro Pareele Feet Lot -Block Lines 0 250 WO 1.000 fA a1yof Lubbock O M'ArYMW-�j�-M-A��y Uw�rwr��w�Y��Yw�rrrr► EXHIBIT A BETENBOUGH HOMES' September 20, 2021 Cheryl Brock City of Lubbock, Tx 1625131" Street Lubbock, Yx 79457 RE: Willow Bend Villas, Public Improvement District Dear Honorable Mayor and City Council; Willow Bend Villas (19" and Mackey) is a residential development within the city limits of the City of Lubbock bound on the North by 191" Street, adjacent to the East by Kelsey Ave, and adjacent to railroad tracks to the South and West. We are proposing to create a Public Improvement DistrIcL "PID", to maintain the public improvements for Willow Bend Villas (19`" and Mackey). 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 1, S-16, as follow: 1. Betenbough has purchased/optioned almost 63.1982 acres. Betenbough plans to Invest $250,000 In improvements for this park system before it would be deeded over to the City and the PID. We will be here to help keep the PID healthy and thriving. We have a heavily vested interest in making this PID healthy and self-sufficient. S. 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. Betenbough will have been responsible for some maintenance before the park system would be deeded over. With having supported some maintenance, we feel we will have an accurate representation of cost to propose for the service plan. So far, all of our proposed service plans, does get reviewed by city staff, and approved by city council. 6. Map of the area is attached to this email and is to be added to the petition. EXHIBIT A BETENBOUGH HOMES 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. 8. Addressed in Section 2 of the petition. We feel that the 2 pocket parks and improved basin area creates a quality of life for the homeowners. Each park area will have a different playscape but will match in color, tying the community together in the park landscaping. The basin will also have some trees on the north side along 191 street protecting the view for the public looking into the community, and for the community as a buffer for 191 street traffic. 9. Each parcel of City -owned land will be identified as a "Tract" at time of platting. 10. General description of proposed improvements in Section 2 of the petition. 11. The estimated total cost of the Improvements is approximately $250,000 and will be paid and constructed by the developer, Betenbough Homes does not desire any reimbursement. The estimated cost of the maintenance is approximately $25,000 per year and is to be paid for by the NO 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 $.15 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 S 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. EXHIBIT A BETENBOUGH HOMES C". BM2��/ Chris Berry Development Betenbough Homes EXHIBIT A PETITION FOR THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT TO FINANCE IMPROVEMENTS TO Willow Bend Villas (1911 and Mackey) 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. action 2. General nature of the pEggggggim v . 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 (t) including costs of establishing, administering and operating the District. aecnon s. Ustimated cast of the propgad ublic i provements and annual maintenance: $500,000 estimated for proposed public improvements as mentioned in section 2. Annual maintenance costs - $75.000 for proposed improvements made by developer. Section 4. . The proposed boundaries of the District are described in Exhibit A and Exhibit B. Section 5. MOod of msmmmt. 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 Win 103"W. i.00c EXHIBIT A 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 5. Anortionment 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 Councir). 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. LUB21 IUM DAU 1aMoo_i.00c [Signature on following page] -2- EXHIBIT A PETITIONERS: Betenbough Homes LLC efk- Aimz Chifi Berry, Land Iduning Manager THE STATE OF TEXAS § § COUNTY OF LUBBOCK § 1KEEyLLY D. OAKS N*gM1t1Ba6TIM 8� G 01-1 011 EIOUIT q On this, the day of SEP�►o6? 2021, before me, the undersigned Notary Public, personally appeared Kelly Oaks who acknowledged that he is Community Development Manager of Betenbough Homes, LLC, 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. Notary Public Signature Signature Page for Petition EXHIBIT A EXHIBIT A The Land Description, "Tract A": A 63.1982 acre tract of land located in the East Half (E/2) of Section 6, Block D-6, Brooks and Burleson Survey, Abstract Number 880. Lubbock County, Texas, and being situated within and a portion of that certain tract of land conveyed to HWY 179, LTD. described as '"Tract I" and all of that certain tract of land described as "Tract 2" in a General Warranty Deed recorded in Volume 10145, Page 346, and all of that certain 0.19 acre tract of land conveyed to HWY 179, LTD. described in a General Warranty Deed recorded in Volume 10394, Page 34, Official Public Records of Lubbock County, Texas, said 63.1982 acre tract, hereinafter referred to as "Tract A", being further described by metes and bounds as follows: BEGINNING at a 1/2" iron rod with a cap marked "AMID ENG" set in place of a 1/2" iron rod with a cap marked "WSCr' found bent at the intersection of the east right-of-way line of the West Texas and Lubbock Railroad, as described in Volume 6182, Page 346 of the Real Property Records of Lubbock County, Texas, and the south right-of-way line of State Highway 114, also known as 19'h Street, as described in Volume 181. Page 214 and Volume 491, Page 47 of the Deed Records of Lubbock County, Texas, at the northwest comer of said 0.19 acre tract for the northwest corner of this said Tract "A" and having coordinates of Northing: 7,274,815.61 and Easting: 897,482.48 of the Texas Coordinate System of 1983 (2011), Texas North Central Zone, whence the northeast corner of said Section 6 bears N. Ol 0 48' 46" E. a distance of 65.00 feet and S. 88° 11' 14" E. a distance of 2465.72 feet, as calculated from calls in said railroad right-of- way deed; THENCE S. 880 11' 14" E., along said right-of-way line of State Highway 114, a distance of 911.41 feet to a 1/2" iron rod with a cap marked "HRA" found at the northwest corner of that certain 2.0 acre tract of land described in a Warranty Deed recorded in Volume 4730, Page 67 of the Real Property Records of Lubbock County, Texas, for the most northerly northeast corner of this said "Tract A"; THENCE S. 01° 51' 08" W. a distance of 370.84 feet to a I12" iron rod found at the southwest corner of said 2.0 acre tract for an ell corner of this said "Tract A! ; THENCE S. 880 11' 59" E. a distance of 234.91 feet to a 1/2" iron rod with a cap marked "WSCr found at the southeast corner of said 2.0 acre tract for the most easterly northeast corner of this said "Tract A"; THENCE S. O l ° 51' 30" W., along the west line of an alley and the west plat limits of Energy Circle, Lots 1 thru 40, an addition to Lubbock County, Texas, according to the map, plat and/or dedication deed thereof recorded in Volume 1835, Page 129 of the Deed Records of Lubbock County, Texas, at a distance of 1869.46 feet pass a 1/2" iron rod found at the and of said alley, continuing at a distance of 2204.38 feet pass a 1/2" iron rod with a cap marked "HRA" found at the southeast comer of said plat limits of Energy Circle, same being the northwest corner of that certain 11.16 acre tract of land described in a Warranty Deed recorded in County Clerk's file A-1 EXHIBIT A number 201OW1381 of the Official Public Records of Lubbock County, Texas, continuing for a total distance of 2359.76 feet to a 1/2" iron rod with a cap marked "HRA" found in the north right-of-way line of the West Texas and Lubbock railroad, as described in Volume 99, Page 459 of the Deed Records of Lubbock County, Texas, at the southwest comer of said IL 16 acre tract and the southeast corner of this said `Tract A", having coordinates of Northing: 7,272,050.90 and Easting: 898,539.46 of the Texas Coordinate System of 1983 (2011). Texas North Central Zone; THENCE N. 70° 19' W' W., along said railroad right-of-way line, a distance of 540.93 feet to a 1/2" iron rod with a cap marked "WSCI" found at a point of intersection at the southeast corner of that certain 8.71 acre right-of-way parcel for the West Texas and Lubbock Railroad described in Volume 6254, Page 30 of the Real Property Records of Lubbock County, Texas, for a corner of this said `Tract A"; THENCE N. 64° 25' 16" W. a distance of 103.01 to a 1/2" iron rod with a cap marked "WSCr' found at a point of intersection in the northeasterly right-of-way line of said railroad for a comer of this said 'Tract A!'; THENCE northwesterly, along a curve to the right and said railroad right-of-way line, an arc distance of 1049.59 feet, said curve having a radius of 904.93 feet, a delta angle of 66° 27' 17", a chord distance of 991.73 feet and a chord bearing of N. 31° 13' 29" W., to a 1/2" iron rod with a cap marked "WSCr' found at a point of tangency in the east right-of-way line of said railroad for a comer of this said 'Tract A''; THENCE N. 02° 00' 10" E., along the east right-of-way line of said railroad at a distance of 1482.82 feet pass the northeast comer of said right-of-way in Volume 6254, Page 30, same being the southeast comer of said right-of-way in Volume 6182, Page 346, and the southwest corner of said 0.19 acre tract, continuing for a total distance of 1691.66 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. A-2 EXHIBIT A EXHIBIT B Sketch A-3 EXHIBIT A scerl"i d IN&DOW i-a 014 J111N i71�[�C7ftAR."[� LOG�nflt�tAiltLAiF� immoocOO a itc i►8 IOOIA >OI� 0 Aw l r� rail are awe "TMCTA• lip GUMAOM 9 • r We R-004A3' >m�ll s1R�T LM404W •.arrrlr al- aar0" ,,�► ao�.�s' ' 4s�-,lar,a�r�v�►. r � 1' — sov oiti 1 a caner. �!' a m aounr Flat /Yapl NO w T O�QAl1Oil U. 11�y� �qp/ 1�®1 a) �� IOOA)1~Iq im 1 COOmMtt ers�ll as /Mf t01q ne�>i/ anew a WLMIOCi on OR >MRpm 4YR111► W= �ONSAIARIOM! ■eawraa� A-4 EXHIBIT A EXHIBIT A The Land Description, "Tract A": A 63.1992 acre tract of land located in the East Half (E/2) of Section 6, Block D-6, Brooks and Burleson Survey, Abstract Number 980, Lubbock County, Texas, and being situated within and a portion of that certain tract of land conveyed to HWY 179, LTD. described as "Tract 1" and all of that certain tract of land described as '"tract 2" in a General Warranty Deed recorded in Volume 10145, Page 346, and all of that certain 0.19 acre tract of land conveyed to HWY 179, LTD. described in a General Warranty Deed recorded in Volume 10394, Page 34, Official Public Records of Lubbock County, Texas, said 63.1982 acre tract, hereinafter referred to as "Tract A", being further described by metes and bounds as follows: BEGINNING at a 1/2" iron rod with a cap marked "AMD ENG" set in place of a 1/2" iron rod with a cap marked "WSCt' found bent at the intersection of the east right-of-way line of the West Texas and Lubbock Railroad, as described in Volume 6182, Page 346 of the Real Property Records of Lubbock County, Texas, and the south right-of-way line of State Highway 114, also known as 10 Street, as described in Volume 181. Page 214 and Volume 491, Page 47 of the Deed Records of Lubbock County, Texas, at the northwest corner of said 0.19 acre tract for the northwest corner of this said Tract "A" and having coordinates of Northing: 7,274,815.61 and Easting: 897,482A8 of the Texas Coordinate System of 1983 (2011), Texas North Central Zone, whence the northeast corner of said Section 6 bears N. 01 ° 48' 46" E. a distance of 65.00 feet and S. 881 1 P 14" E. a distance of 2465.72 feet, as calculated from calls in said railroad right-of- way deed; THENCE S. 880 11' 14" E., along said right-of-way line of State Highway 114, a distance of 911.41 feet to a 1/2" iron rod with a cap marked "HRA" found at the northwest corner of that certain 2.0 acre tract of land described in a Warranty Deed recorded in Volume 4730, Page 67 of the Real Property Records of Lubbock County, Texas, for the most northerly northeast comer of this said "Tract A' ; THENCE S. 01 ° 51' 08" W. a distance of 370.84 feet to a 1/2" iron rod found at the southwest corner of said 2.0 acre tract for an ell comer of this said "Tract A'; THENCE S. 88' 11' 59" E. a distance of 234.91 feet to a 1/2" iron rod with a cap marked "WSCI" found at the southeast corner of said 2.0 acre tract for the most easterly northeast corner of this said "Tract A"; THENCE S. 010 51' 30" W., along the west line of an alley and the west plat limits of Energy Circle, Lots 1 thru 40, an addition to Lubbock County, Texas, according to the map, plat and/or dedication deed thereof recorded in Volume 1835, Page 129 of the Deed Records of Lubbock County, Texas, at a distance of 1869.46 feet pass a UT' iron rod found at the end of said alley, continuing at a distance of 2204.38 feet pass a UT' iron rod with a cap marked '%W' found at the southeast corner of said plat limits of Energy Circle, same being the northwest corner of that certain 11.16 acre tract of land described in a Warranty Deed recorded in County Clerk's file A-1 EXHIBIT A number 2010001381 of the Official Public Records of Lubbock County, Texas, continuing for a total distance of 2359.76 feet to a 1/2" iron rod with a cap marked "HRA" found in the north right-of-way line of the West Texas and Lubbock railroad, as described in Volume 99, Page 459 of the Deed Records of Lubbock County, Texas, at the southwest corner of said 11.16 acre tract and the southeast corner of this said "Tract A', having coordinates of Northing: 7,272,050.90 and Easting: 898,539.46 of the Texas Coordinate System of 1983 (2011). Texas North Central Zone; THENCE N. 70° 19' W' W., along said railroad right-of-way line, a distance of 540.93 feet to a 1/2" iron rod with a cap marked "WSCI" found at a point of intersection at the southeast corner of that certain 8.71 acre right-of-way parcel for the West Texas and Lubbock Railroad described in Volume 6254, Page 30 of the Real Property Records of Lubbock County, Texas, for a corner of this said 'Tract A"; THENCE N. 64' 25' 16" W. a distance of 103.01 to a 1/2" iron rod with a cap marked "WSCI" found at a point of intersection in the northeasterly right-of-way line of said railroad for a comer of this said `"tract A"; THENCE northwesterly, along a curve to the right and said railroad right-of-way line, an arc distance of 1049.59 feet, said curve having a radius of 904.93 feet, a delta angle of 66' 27' 17", a chord distance of 991.73 feet and a chord bearing of N. 311 13' 29" W., to a 1/2" iron rod with a cap marked "WSCI" found at a point of tangency in the east right-of-way line of said railroad for a corner of this said "Tract A' ; THENCE N. 020 00' 10" E., along the east right-of-way line of said railroad at a distance of 1482.82 feet pass the northeast comer of said right-of-way in Volume 6254, Page 30, same being the southeast comer of said right-of-way in Volume 6182, Page 346, and the southwest corner of said 0.19 acre tract, continuing for a total distance of 1691.66 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. A-2 Willow Bend Villas Pfiffik improvement District Willow Bend Villas PID Parcels Lot -Block Lines Feet 0 250 500 1,000 �I ft_u'O�bl;�t � Mti/ �► C��M M4 Myi1 �M �n�sY M M Mwr��l fNr.YrM11� MWWr�w�M�MMw M� �y�w�MYw MMM1MYM•�F-M��/MMM � M��MInYr� M�Ar►M�MwMY� �wM willow Bend Villas Proposed Revenue/Expense Worksheet Method of Assessment • Properties will be assessed based on the City's 2022 "net taxable value" as established by the Lubbock Central Appraisal District • Assessment rate will be $0.15/$100 valuation • All property will be assessed based on the final 2022 "net taxable value". Service Plan PROPOSED TAX YEAR 2022 2023 2024 202S 2026 Totals Property Values* 8,750,000 22,050,000 37,366,000 53,863,320 54,940,586 54,940,586 Discounted Property Values 7,875,000 19,845,000 33,629,400 48,476,998 49,446,528 49,446,528 FISCAL YEAR REVENUES FY 2022-23 FY 2023-24 FY 2024-25 FY 2025-26 FY 2026-27 Totals - - - 1,533 1,S33 Interest Assessment @ $0.15 11,813 29,768 50,444 72,715 74,170 238,909 Assessment @ $0.10 - - - - Total 11,813 29,768 SOA44 72,715 75,703 24OA42 EXPENSES Park i Pocket Park (playscape and landscaping) 7,650 7,803 7,959 81118 31,530 Park 2 Pocket Park (playscape and landscaping) 7,650 7,803 7,959 8,118 31,530 Signage Neighborhood Entry Signs 1,020 1,040 1,061 1,082 4,204 Landscaping Trees along 19th st 1,020 1,040 1,061 1,082 4,204 Basing Landscaping Prolrrigation and grass establishment 5,100 5,202 5,306 S,412 21,020 Electric Cost for irrigation Proposed Parks 1 and 2 1,408 1,436 1,465 1,494 5,803 Administrative Costs 3,000 3,577 3,649 3,722 3,796 17,744 Annual Operating Costs 4,000 4,080 4,162 4,245 4,330 20,816 Paid by developer Total 7,000 I 31,S05 32,135 32,778 33,4341 136,852 Cash Reserves 4,813 3,07S 21,384 61,321 103,5901 103,590 *Property Value growth rate = 2% annually "Expense growth rate = 2% annually Assessment Information for $100,000 home $ 150.00 Q 2021 Service and Assessment Plan EXHIBIT A Sec. 5.014. NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT. (a) A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code, or Chapter 382, Local Government Code, shall first give to the purchaser of the property the [a] written notice prescribed by Subsection (a-1) or (a-2), as applicable. (a-1) Except for the notice prescribed by Subsection (a-2), the notice required by Subsection (a) shall be executed by the seller and must, except as provided by Subsection (b), read as follows: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO (insert name of municipality or county levying assessment), TEXAS CONCERNING THE FOLLOWING PROPERTY (insert property address) As the [a] purchaser of the real property described above, you are obligated to pay assessments (are assessmeAt) to (insert name of [a] municipality or county, as applicable), Texas, for the costs of a portion of a public [on] improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within (insert name of public improvement district) (the "District") created under (insert Subchapter A, Chapter 372, Local Government Code, or Chapter 382, Local Government Code, as applicable). AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from (insert name of municipality or county, as applicable). The exact amount of each annual installment will be approved each year by (insert name of city council or county commissioners court, as applicable) in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from (insert name of [the] municipality or county, as applicable). Your failure to pay any assessment or any annual installment may result in penalties and Interest being added to what you owe or in a lien on and the foreclosure of your property. The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. Date: Signature of Purchaser (a-2) For a district described by Section 372.0035, Local Government Code, the notice required by Subsection (a) shall be executed by the seller and must, except as provided by Subsection (b), read as follows: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO (insert name of municipality levying assessment), TEXAS CONCERNING THE FOLLOWING HOTEL PROPERTY (insert property address) As the purchaser of the real property described above, you are obligated to pay assessments to (insert name of municipality), Texas, for the costs of a portion of a public Improvement or services project (the "Authorized Services") undertaken for the benefit of the property within (insert name of public improvement district) (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED SERVICES, WHICH MUST BE PAID IN FULL WITH EVERY PAYMENT BY THE HOTEL OF LOCAL HOTEL OCCUPANCY TAX REMITTANCES TO THE MUNICIPALITY. YOUR FAILURE TO PAY THE ASSESSMENT MAY RESULT IN PENALTIES AND INTEREST BEING ADDED TO WHAT YOU OWE, AND MAY INCLUDE THE PURSUIT OF ANY OTHER REMEDY THAT IS AUTHORIZED UNDER SECTION 372.0035(d), LOCAL GOVERNMENT CODE. Page -1- 2021 Service and Assessment Plan EXHIBIT A Information about the calculation of the assessment may be obtained from (insert name of the municipality). The exact assessment rate will be approved each year by (insert name of city council) in the annual service plan update for the district. More information about the assessments, including the assessment rate and due dates, may be obtained from (insert name of municipality). The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. Date: Signature of Purchaser (b) The seller or the municipality or county that created the public Improvement district may provide additional Information regarding the district in the notice prescribed by Subsection (a-1) or (a-2), including whether an assessment has been levied, the amount of the assessment, and the payment schedule for assessments. (c) This section does not apply to a transfer: (1) under a court order or foreclosure sale, (2) by a trustee in bankruptcy; (3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; (4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court -ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; (5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; (6) from one co-owner to another co-owner of an undivided interest In the real property; (7) to a spouse or a person in the lineal line of consanguinity of the seller; (8) to or from a governmental entity; or (9) of only a mineral interest, leasehold interest, or security interest. (d) For the purposes of this section, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring notice Page -2 - EXHIBIT B First Reading Second Reading December 7, 2021 December 14, 2021 Item No. 8.5 Item No. 6.12 ORDINANCE NO. 2021-00170 AN ORDINANCE ADOPTING A SERVICE PLAN FOR THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT, WITH SUCH SERVICE PLAN INCLUDING, ASSESSMENT PLAN FOR SAID PUBLIC IMPROVEMENT DISTRICT; ESTABLISHING REASONABLE CLASSIFICATIONS AND FORMULAS FOR THE APPORTIONMENT OF THE COST BETWEEN THE CITY OF LUBBOCK, TEXAS AND THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT, AND THE METHODS OF ASSESSING SPECIAL BENEFITS FOR VARIOUS CLASSES OF IMPROVEMENTS OF PROPERTY WITHIN THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT; APPROVING, ADOPTING, AND FILING WITH THE CITY SECRETARY OF THE CITY OF LUBBOCK, TEXAS AN ASSESSMENT ROLL FOR THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT; AND, LEVYING THE ASSESSMENT FOR THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT AS A SPECIAL ASSESSMENT, SPECIFYING THE METHOD OF PAYMENT OF THE ASSESSMENT, AND FIXING CHARGES AND LIENS AGAINST THE PROPERTY IN THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT AND AGAINST THE OWNERS OF PROPERTY WITHIN THE WILLOW BEND VILLAS PUBLIC IMPROVEMENT DISTRICT. WHEREAS, Chapter 372 of the Texas Local Government Code (the "Act") provides the process by which the City of Lubbock, Texas (the "City") may create a public improvement district; and WHEREAS, through Resolution No. 2021-RO439 the City Council of the City (the "Council") authorized the Willow Bend Villas Public Improvement District (the "PID"); established the boundaries of the PID; approved the estimated costs, method of assessment, and apportionment of costs for the PID; and, created the initial advisory board for the PID; and WHEREAS, through Resolution No. 2021-R0465, the Council directed City staff to: (1) Prepare a Service Plan for the PID according to the Act with such Service Plan covering a period of at least five (5) years, defining the annual indebtedness of the PID, projecting the costs for improvements in the PID, and including an assessment plan for the PID; (2) Prepare an assessment roll for the PID that states the assessment against each parcel of land in the PID, with such proposed assessment roll to be filed with the municipal secretary and being made available for public inspection; (3) Send and publish notice of a public hearing according to the Act concerning the Service Plan; and WHEREAS, City staff has prepared a Service Plan for the PID according to the Act, prepared an assessment roll for the PID, and has sent and published notice of a public hearing to be held at five o'clock in the evening (5:00 PM), Tuesday, December 7, 2021, in the City Council Chambers, 1314 Avenue K, Lubbock, Texas, to consider the proposed apportionment and assessment for the PID; and EXHIBIT B WHEREAS, at the adjournment of the public hearing the Council desires to hear and pass on any objections to the proposed assessment for the PID and, through this Ordinance, to establish reasonable classifications and formulas for the apportionment of the costs for the services and improvements of the PID between the City and the PID, to approve, adopt, and file with the City Secretary the Service Plan for the PID that includes an assessment plan and assessment roll for the PID, and to levy an assessment as a special assessment on the property within the PID; and NOW, THEREFORE; BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1: THAT the facts and recitations contained in the preamble of this ordinance are hereby found and declared to be true and correct. SECTION 2: THAT the Council has reviewed the Service Plan for the PID, which is attached to this Ordinance as "Exhibit 1 ", and finds that it: covers a period of at least five (5) years; defines the annual indebtedness ofthe PID; estimates the costs for improvements in the PID; and, includes an assessment plan for the PID. SECTION 3: THAT the Council hereby finds that the assessment rate provided in the Service Plan for the PID is feasible and sound and will serve the needs and desires of the property owners within the PID, and the Council hereby adopts the assessment rate of fifteen cents ($0.15) per one hundred dollars ($100) of net taxable value for tax year 2022, as determined by the Lubbock Central Appraisal District, of the property or improvements to the property located in the PID. SECTION 4: THAT the Council finds that the assessment plan included in the Service Plan for the PID provides for the apportionment of the cost of improvements to be assessed against the property within the PID on the basis of special benefits accruing to the property within the PID because of the improvements, and the Council hereby establishes the reasonable classifications and formulas for the apportionment of the costs between the City and the PID and the methods of assessment of the special benefits for the various classes of improvements within the PID as such classifications, formulas, and methods are provided for in the assessment plan. SECTION 5: THAT the Council hereby approves, adopts, and files with the City Secretary the assessment roll that is attached to this Ordinance as "Exhibit 2", with such assessment roll stating an estimate of the assessment to be levied against the property within the PID, and with the City Secretary filing the assessment roll in the official records of the City and being subject to public inspection. SECTION 6: THAT the Council finds that the assessments should be made and levied against the property within the PID and against the owners thereof, and that such assessments are in proportion to the benefits to the property by means of the services and improvements in the PID for which such assessments are levied, and further finds that in each case the property assessed is specially benefited by means of the said services and improvements of the District, and further finds that the apportionment of costs of the services and improvements is in accordance with the Act. EXHIBIT B SECTION 7: THAT there is hereby levied and assessed against the parcels of property within the PID, and against the real and true owners thereof, whether such owners be correctly named or not, the sums of money calculated by applying the assessment rate to in the manner described in the assessment plan and assessment roll. SECTION 8: THAT the several sums above mentioned and assessed against the said parcels of property and the owners thereof, and interest thereon at the rate per annum established herein, together with reasonable attorney's fees and costs of collection, if incurred, are hereby declared to be and are made a first and prior lien against the property assessed, superior to all other liens and claims except liens and claims for ad valorem taxes and is a personal liability of and charge against the owners of the property regardless of whether the owners are named; and, with such lien being attached on January 1 of each year to the property to secure the payment of all assessments, penalties, and interest ultimately imposed for the year on the property, whether or not the assessments are imposed in the year the lien attaches and shall be effective until the assessment is paid; and, with such lien being perfected on attachment requiring no further action by the Council. SECTION 9: THAT the assessments levied herein shall be due and payable in full on receipt of the assessment bill and are delinquent if not paid by January 31, 2023 except as provided in Sections 31.02(b), 31.03, and 31.04 of the Texas Property Tax Code. A delinquent assessment incurs a penalty of six percent (6%) of the amount of the assessment for the first (l') calendar month it is delinquent plus one percent (1%) for each additional month or portion of a month the assessment remains unpaid prior to July 1 of the year in which it becomes delinquent. However, an assessment delinquent on July 1 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. A delinquent assessment continues to incur the penalty provided by this Section as long as the assessment remains unpaid, regardless of whether a judgment for the delinquent assessment has been rendered. That if default be made in the payment of any of the said sums hereby assessed against said property owners and their property, collection thereof, including costs and attorney's fees, shall be enforced by the governing body in the same manner that an ad valorem tax lien against real property may be enforced by the governing body under Chapters 31, 32 and 33 of the Texas Property Tax Code. The owner of the assessed property may pay at any time the entire assessment on any lot or parcel, along with any interest and penalty that has accrued on the assessment. SECTION 10: THAT all assessments herein levied are a personal liability and charge against the real and true owners of the premises described, notwithstanding such owners may not be named, or may be incorrectly named. AND IT IS SO ORDERED. Passed by the City Council on first reading on December 7 .2021. LOM Ilii:] Passed by the City Council on second reading on December 14 , 2021. STEVE SSE A , AYOR PRO TEM ATTEST: Q aQ.4 a Ribe4ca Garza, City Secre APPROVED AS TO CONTENT: Blu Koste ieh, Chief Financial Officer APPROVED AS TO FORM: Aelliisure, Assistant City Attorney ecdocs/ORD. Economic Development - Willow Bend Villas PID - Service Plan, Assessment Role, and Levy I1-18-21