HomeMy WebLinkAboutOrdinance - 2024-O0125 - Proposed 2024 Assessment Rate, Valencia PID - 09/10/2024First Reading Second Reading -
August 27, 2024 September 10, 2024 — a
Item No. 7.15 Item No. 5.17
ORDINANCE NO. 2024-00125 W
—m
AN ORDINANCE REVIEWING CLASSIFICATIONS FOR THE METHODS OF 7 N
ASSESSING SPECIAL BENEFITS FOR THE SERVICES AND IMPROVEMENTS OF 201�:
PROPERTY IN THE VALENCIA PUBLIC IMPROVEMENT DISTRICT; o
APPROVING, ADOPTING AND FILING WITH THE CITY SECRETARY THE Z
ASSESSMENT ROLL; CLOSING THE HEARING AND LEVYING 2024 ■�
ASSESSMENTS FOR THE COST OF CERTAIN SERVICES AND IMPROVEMENTS
TO BE PROVIDED IN THE DISTRICT DURING FY 2024-25; FIXING CHARGES AND
LIENS AGAINST THE PROPERTY IN THE DISTRICT AND AGAINST THE
OWNERS THEREOF; AND PROVIDING FOR THE COLLECTION OF THE
ASSESSMENT.
WHEREAS, Chapter 372 of the Texas Local Government Code (the "Act") allows for the =
creation of public improvement districts; and —
WHEREAS, On July 14, 2011 the City Council passed Resolution No.201 1 -R03 10, attached
hereto and incorporated herein as "Exhibit A", which made certain findings concerning the
advisability of creating the Valencia Public Improvement District (the "District"), authorized
and created the District as a public improvement district under the Act, and designated the
Lubbock City Council as the entity responsible for the management of and provision of services
and improvements to the District; and
WHEREAS, On August 11, 2011, the City Council passed Resolution No. 2011-RO42,
approving the Service and Assessment Plan (the "Plan"), which will be reviewed and revised
each year when necessary. The revised Plan for the District is attached hereto and incorporated
as "Exhibit B"; and
WHEREAS, the Act requires that the City Council review the Plan; prepare a proposed Roll
and file it with the City Secretary; and schedule a public hearing to consider the proposed
assessments and receive public comment on an annual basis; and
WHEREAS, after published and mailed notice of the hearing, pursuant to the Act, a public
hearing was held August 27, 2024, to consider objections to the proposed assessments. The City
Council closed the public hearing after receiving property owner's concerns and comments (both
oral and written) on proposed 2024 assessments within the District and acted on any objections
to proposed assessments for particular parcels; and
WHEREAS, the City desired by the calling and holding of such public hearing to provide a
reasonable opportunity for any owner of property located in the District to speak for or against
the 2024 assessment rate for a special assessment against real property and real property
improvements exclusive of public rights -of -way, to provide funding for the District for the
purpose of supplemental services and improvements; and
WHEREAS, the City Council desires to review classifications and formulas for the
apportionment of the costs for the services and improvements of the property in the District, and
Valencia PID Assessment Ordinance 2024 (FY 2024-25) Page 1
approve, adopt, and file with the City Secretary the proposed assessment roll (the "Roll'),
attached hereto and incorporated herein as "Exhibit C"; and
WHEREAS, the City Council finds after review that the revised service plan and assessment
plan are feasible and sound and will serve the needs and desires of the property owners and that
the assessment rate of $0.18 per $100 value for years 2024 through 2028, as determined by the
Lubbock Central Appraisal District, of the property or improvements to the property located in
the District; are reasonable and adequate; and
NOW THEREFORE, BE IT OIZDAINED BY THE CITY COUNCIL OF THE CITY OF
LUBBOCK, TEXAS:
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 City Council after review of the Plan approves the method of assessing
special benefits of services and improvements in the Plan. Terms relating to property taxes in
this ordinance shall be used as defined in Section 1.04 of the Texas Property Tax Code. In
accordance with the Plan, each property owner in the District identified for assessments in 2024
receives the same amount of service for the assessment provided. The proposed method of
assessment, which specifies included or excluded classes of assessable property, is based on the
net taxable value of the real property and real property improvements as determined by the
Lubbock Central Appraisal District in accordance with Chapter 25 of the Texas Property Tax
Code. Public rights -of -way are exempt from assessment.
SECTION 3: The City Council hereby approves, adopts and files with the City Secretary the
Roll attached to the Plan. The Roll states an estimate of the assessment against each parcel of
land in the District, as determined by the method of assessment set forth in the Plan and this
Ordinance. The City Secretary shall file the Roll in the official City records. The Roll shall be
subject to public inspection.
SECTION 4: That the City Council finds that the notice of the City Council's intention to
consider the proposed assessments at a public hearing on August 27, 2024 at 2:00 p.m. in the
City Council Chamber, 1314 Avenue K, Lubbock, Texas was published in the official newspaper
of the City of Lubbock, Texas before the 10"' day before the date of the hearing. The notice
stated: (1) the date, time and place of the hearing; (2) the general nature of the services and
improvements; (3) the cost of the services and improvements; (4) the boundaries of the District;
and, (5) that written or oral objections will be considered at the hearing.
SECTION 5: That the City Council finds that City staff mailed to the owners of property liable
for assessment, notice of the hearing as the ownership appears on the City tax roll. The notice
contained the information required by the Act. The notice was mailed before the 1 Oth day before
the date of the hearing to the last known address of the property owner on the City tax roll. The
failure of the property owner to receive notice does not invalidate the proceeding.
Valencia P1D Assessment Ordinance 2024 (FY 2024-25) Page 2
SECTION 6: That the City Council finds that the assessments should be made and levied against
the respective parcels of property within the District and against the owners thereof, and are
substantially in proportion to the benefits to the respective parcels of property by means of the
services and improvements in the District 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 law in force in this City and the State and in the
proceedings of the City heretofore had with reference to the formation of the District and the
imposition of assessments for said services and improvements are in all respects valid and
regular.
SECTION 7: That there shall be and is hereby levied and assessed against the parcels of property
within the District, 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 the
final 2024 city net taxable value in the manner described in the assessment, attached hereto as
"Exhibit B" and "Exhibit C" shown opposite the description of the respective parcels of property,
and the several amounts assessed against the same, and the owners thereof.
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 in Section
9 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. The lien shall
attach 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. The lien is perfected on attachment and perfection requires no further action by the
governing body.
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, 2025 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 calendar month
it is delinquent plus one percent 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 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
Valencia P1D Assessment Ordinance 2024 (FY 2024-25) Page 3
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 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.
SECTION 11: That the assessments herein levied are made and levied under and by virtue of
the terms powers and provisions of the Act, as amended.
SECTION 12: That the City may contract with the Lubbock Central Appraisal District and any
competent attorney to collect the assessments and to represent the District to enforce the
collection of delinquent assessments. The attorney's compensation shall be set in the contract,
but the total amount of compensation provided may not exceed twenty percent (20%) of the
amount of delinquent assessment, penalty, and interest collected, as required in Section 6.03 of
the Texas Property "Tax Code.
AND IT IS SO ORDERED.
Passed by the City Council on first reading on August 27 , 2024.
Passed by the City Council on second reading on September 10 , 2024.
MARK W. MCBRAYER, AYOR
A7fTE
Courtney Paz; City Secretary
APPROVED AS TO CONTENT:
OA�-�L- P'��
Cheryl Broc , Interim Chief Financial Officer
Valencia PID Assessment Ordinance 2024 (FY 2024-25) Page 4
APPROVED AS TO FORM:
AY / - km i
e11i Leisure, Senior Assistant City Attorney
Ord. Valencia PID Assessment Ordinance 2024
August 27, 2024
Valencia PID Assessment Ordinance 2024 (FY 2024-25) Page 5
Resolution No. 2011—R0310 EXHIBIT A
July 14, 2011
Item No. 6.4
RESOLUTION
WHEREAS, a petition has been received from the record owners of taxable real
property representing more than 50 percent of the appraised value (as determined by the
most recent certified appraisal roll of the Lubbock Central Appraisal District) of an area
within the City of Lubbock generally bounded by generally bounded by 85`h Street on the
north, 88`h Place on the south, Iola Avenue on the east, and Milwaukee Avenue on the
west, AND owners of not less than fifty percent (50%) of the area of all taxable real
property that is liable for assessment under the proposal; requesting establishment of a
Valencia Public Improvement District under Chapter 372 of the Texas Local Government
Code for the purpose of maintaining Parks and greens together with any ancillary
structures, features or amenities such as playgrounds, athletic facilities, pavilions,
community facilities, irrigation, walkways, lighting, benches, trash receptacles and any
similar items located therein along with all necessary grading, drainage, and similar
infrastructure involved in the maintenance of such parks and greens; landscaping,
hardscape and irrigation; including costs of establishing, administering and operating the
District; and
WHEREAS, the petition, a copy of which has been attached as Exhibit "1," 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 of the City of Lubbock, Texas
(the "City"); and
WHEREAS, the boundaries of the proposed Valencia Public Improvement
District within the city limits of the City of Lubbock are described in the attachment
designated as Exhibit "2" and shown on the map attached hereto as Exhibit "3' ; and
WHEREAS, the City has called a public hearing to hear public comments 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, notice of such public hearing was published in the Lubbock
Avalanche -Journal, a daily paper of general circulation in the City, such publication date
being before the 15" day before the date of the public hearing stating the time and place
of the hearing, the general nature of the services, the estimated cost of the services, the
proposed boundaries of the proposed Valencia Public Improvement District, the method
of assessment, and the apportionment of cost between the improvement district and the
city as a whole; and
WHEREAS, written notice containing the information in the published notice
was mailed before the 151h day before the date of the hearing to the current addresses of
the owners, as reflected on the tax rolls, of property subject to assessment under the
proposed public improvement district; and
Valencia PID Establishment
EXHIBIT A
WHEREAS, such hearing was convened at the time and place mentioned in the
published notice, on the 141h day of July, 2011. at 9:30 o'clock a.m., in the Council
Chambers of the City of Lubbock, Texas. and
WHEREAS, the City, at such hearing, invited any interest person, or his/her
representative, to appear and speak for or against the authorization of the Valencia Public
improvement District, the boundaries of' the proposed public improvement district,
whether all or a part of the territory which is described in Exhibit " 2" attached hereto and
depicted on the map attached hereto as Exhibit -3" should be included in such proposed
Valencia Public Improvement District, the advisability of the proposed improvements.
the nature of the improvements, the estimated costs of the improvements: the method of
assessment, and the apportionment of costs between the district and the city as a whole:
and
WHEREAS, all owners of property located with the proposed Valencia Public
Improvement District and all other taxing units and other interested persons were given a
reasonable opportunity at such public hearing to protest the authorization of the Valencia
Public Improvement District and/or the inclusion of their property in such District: and
WHEREAS, the proponents of the Valencia Public Improvement District offered
evidence, both oral and documentary, in flavor of all of the foregoing matters relating to
the creation of the Valencia Public Improvement District, and opponents of the Valencia
Public Improvement District .were given the opportunity to appear to contest
authorization of the district, after which the hearing was closed: NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK,
TEXAS:
SECTION 1: That the facts and recitations contained in the preamhlc of' this
ordinance are hereby found and declared to be true and correct.
SECTION 2: That the City Council, after conducting such hearing and having
fheard such evidence and testimony, has made the following findings and
i determinations based on the evidence and testimony presented to it:
(a) That the public hearing on the advisability of authorizing the Valencia
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 proposed public
improvement district.
(b) That authorization of the proposed Valencia Public Improvement
District with boundaries as described in Exhibits ` T' and "3" for the
purpose of maintaining Parks and greens together with any ancillary
structures, features or amenities such as playgrounds, athletic
facilities, pavilions, community facilities, irrigation, walkways.
lighting. benches, trash receptacles and any similar items located
i
Valencia PID E'stablisllnwnt 2
i
EXHIBIT A
therein along with all necessary grading, drainage, and similar
infrastructure involved in the maintenance of such parks and greens;
landscaping, hardscape and irrigation; including costs of establishing,
administering and operating the District is advisable and will result in
benefits to the City, its residents and property owners in the Valencia
Public Improvement District.
(c) That the total estimated cost of services and improvements proposed
to be provided by the District is approximately $56,829 over the next
five (5) years, and that the estimated annual cost rises from $4,500 in
year two to $19,149 in year five (5). Services anticipated are
maintenance of 870' Street park and median, electric costs for lights,
and operational and administrative costs.
(d) That the costs are based on a proposed assessment rate of $0.11 per
$100.00 of valuation through year 2019.
(e) That as to apportionment of cost between the proposed District and
the City, all costs for proposed improvements will be paid by the
District through assessments.
SECTION 3: That the City hereby authorizes under Sections 372.006, 372.010,
and 372.041 of the Act, a public improvement district over the area described in
Exhibit 2 attached hereto and depicted in the map attached hereto as Exhibit 3 and
such public improvement district shall hereafter be identified as the Valencia
Public Improvement District, City of Lubbock, Texas.
SECTION 4: That the City Council shall be the governing board for the
Valencia Public Improvement District. The City Council may appoint an
Advisory Board for management of the District in the future.
SECTION 5: That the notice of this authorization for the Valencia Public
Improvement District shall be published in a newspaper of general circulation in
the city.
SECTION 6: 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.
Valencia PID Establishment 3
EXHIBIT A
Passed by the City Council on Jul} 14 . ?01 1.
Al -PEST:
Reb kcca Garza, City Secretar)
APPROVED AS TO CONTENT:
Andy 13 lrcham
Chief financial Officer
APPROVED AS TO FORM:
Linda L. Chamales,
Economic Development Attorney
as/cityatt/LindalValencia PID Establishment
May 18, 2011
i
i
Valencia PID Establishment
TOM MARTfN1. MAYOR
5l
EXHIBIT A
Resolution No. 2011—RO310
Exhibit "I"
CITY OF LUBBOCK §
COUNTY OF LUBBOCK §
STATE OF TEXAS §
CERTIFICATE OF PUBLIC RECORD
I hereby certify, in the performance of the functions of my office, that one
signature on the attached document has 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, 2011) in the area known as Valencia, as shown on that attached map,
AND owners of more than fifty percent (50%) 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 one petitioner owns 100% of 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 Iegal
custody of the records in said office.
In witness whereof I have hereunto set my hand and affixed the official seal of
said office this 16th day of May, 2011.
(City Seal)
Rebecca Garza ( \
City Secretary
City of Lubbock
Lubbock County, State of Texas
EXHIBIT A
l:.Xhihit " I "
city of
*Iubbock
TEXAS
May 5, 2011
To: Becky Garza, City Secretary
Cheryl Brock, Senior Financial Analyst
Rob Allison, Assistant City Manager
From: Sally Still Abbe, GIS Manager
Re: Valencia Petition
Recently, the City Of Lubbock received a petition dated April 8, 2011 from Drew Wegman,
Vice -President of Real Property Resources, Inc., requesting that the City of Lubbock establish a
Public Improvement District (PID) for the proposed Valencia 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 is only one owner of land within the PID
boundary, and the vice-president of this company 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, 2011). 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 is only one owner in the PID, who signed the petition.
Real Property Resources, Inc. owns 100% of the land, so the petition passes both tests even
though it is required to pass only one.
The notarized signature on the Valencia petition was validated by a visual review
EXHIBIT A
Exhibit "1"
PETITION FOR THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT TO FINANCE
IMPROVEMENTS TO VALENCIA
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 maintenance of the public improvements.
The general nature of the proposed public improvements is: (i) maintenance of Parks and greens
together with any ancillary structures, features or amenities such as playgrounds, athletic
facilities, pavilions, community facilities, irrigation, walkways, lighting, fences, benches, trash
receptacles and any similar items located therein along with all necessary grading, drainage, and
similar infrastructure involved in the maintenance of such parks and greens; landscaping,
hardscape and irrigation; and (ii) costs of establishing, administering and operating the District.
The improvements associated with the Public Improvement District are a benefit to the affected
property and to the City of Lubbock because they visually enhance the area as well as provide a
common area for residents to enjoy increasing the overall quality of life in the affected area.
Section 3. Estimated cost of the maintenance of the proposed public improvements:
Annual maintenance costs - $1$,000.
Section 4. Boundaries. The proposed boundaries of the District are described in
Exhibit A.
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
LUB200 59000
Gallas 1034400-1.DOC
EXHIBIT A
Exhibit "1"
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. A_pnortionment 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.
Simon 7. Manag&ment_of the District. The City will manage the District, or, to the
extent allowed by law, the City may contract with either a non-profit, or a for -profit organization
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.
LUB?QQ/S&MO
Dallas 10344 I.DOC
[Signature on following page]
-2-
EXHIBIT A
Exhibit "1"
PETITIONERS:
Real Property Resources, Inc.
Drew Wegman, V' e-President of Real Property Resources, Inc.
THE STATE OF TEXAS §
COUNTY OF LUBBOCK §
On this, the 8`s day of April, 2011, before me, the undersigned Notary Public, personally
appeared Drew Wegman who acknowledged that he is Vice -President of Real Property
Resources, Inc., 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.
vkl'�M-d- � I'k, A '41A
1(9JENNEM. BICK. Notary blic Signature
�lataryPOA StatedTema
My Corrrrds�anE,xp�as tat3�20t9
Signature Page jar Petition
EXHIBIT A
Exhibit " I "
EXHIBIT A
The Land
METES AND BOUNDS DESCRIPTION:
.A 39.941 .ACRE 'IRACI' OF LAND SITUATED IN THAT CERTAIN 199.832 .ACRE TRACT OF L IND RECORDED IN
VOLUME 6937, PAGE 174 OF THE REAL PROPERTY RECORDS OF LUBBOCK COUN-TY, NCLUDNG TAT 4B OF
SPECTRA LUBBOCK SOUTHWEST, AN ADDITION TO THE CITY OF LUBBOCK, LUBBOCK COUNTY, TEXAS,
ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN PLAT AND DEDICATION NO. 2DO6044435 OF THE
OFFICIAL PUBLIC RFI:ORDS OF LUBBOCK COUNTY, AND LOCATED IN SECTION 28. BLOCK AK, LUBBOCK
COUNTY, TEXAS, SAID 39.941 ACRE TRACT BEING FURTHER DESCRIBED BYMETES .AND BOUNDS AS FOLLOWS, -
BEGINNING AT A 1/2" IRON ROD WITH CAP MARKED "STEVENS RPLS 4339" SET N THE EAST LINE OF LOT 4A,
SPECTRA LUBBOCK SOUTHWEST, AN ADDITION TO THE CITY OF IAUBBOI:K, LUBBOCK COU `IY. TEXAS,
ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN PLAT AND DEDICATION NO. 2OD6044435 OF THE
OFFICIAL PUBLIC RECORDS OF LUBBOCK COUNTY, AND S. 010 49' 05" W. A DISTANCE OF 175.00 FEET
FROM THE SOUTHWEST CORNER OF TRACT A-1, A REPLAT OF TRACT A, N40NTFYZY CHURCH OF CHRIST
ADDITION, AN ADDITION TO THE CITY OF LUBBOCK, LUBBOCK COUNTY, TEXAS, ACCORDING TO THE IMAP
OR PLAT THEREOF RECORDED IN VOLUME 10299, PAGE 264 OF THE OFFICIAL PUBLIC RECORDS OF LUBBOCK
COUNTY, FOR THE NORTHWEST CORNER OF THIS TRACT, HAVING COORDINATES OF NORTHING:
7,25ZO79.842 AND FASPING. 916,426,179. TEXAS COORDINATE SYSTEM, TXNC ZONE 42OZ NAD 83 (CORS 96),
WHENCE THE NORTHWEST CORNER OF SECTION 28 BEARS N. Of* 49' 05" E. A DISTANCE OF 1001.91 FEET, N. 010
54' 20' E. A DISTANCE OF 55.00 FEET AND N. 890 05' 40' W. A DISTANCE OF 1360.47 FEET, PER r-A.LLED
DISTANCES IN SAID PLAT OF TRACT A-1 AND IN PREVIOUS WARRANTY DEEDS RECORDED IN VOLUME 6937,
PAGES 174 AND 178OF THE REAI. PROPERTY RECORDS OF LUBBOCK COUNTY-,
THENCE S. 88° t1' Ot' E., PARALLEL Rf WITH THE SOUTH LINE OF SAID TRACT A-1 (PREVIOUS RECORD CALL•
EAST), AT A DISTANCE OF IM.20 FEET PASS A 1 /2" IRON ROD WITH CAP MARKED "STEVENS RPLS 4339" SET iN
REFERENCE, CONTTNUNG FOR A TOTAL DISTANCE OF 12SZ20 FEET TO A 1/2" IRON ROD WITH CAP MARKED
"STEVENS RPLS 4339" SET IN THE EAST LINE OF SAID 199.832 ACRE TRACT FOR THE NORTHEAST CORNER OF
THIS TRACT;
THENCE S. 01" 45' 05" W., ALONG THE EAST LINE OF SAID 199.832 ACRE TRACT (PREVIOUS RECORD CALL- S. 00°
02' SO' E.) AND TIM CENTERLINE OF IOLA AVENUE AS DEDICATED BY THIS PLATS OF REGAL PARK,
ACCORDING TO THE MAPS OR PLATS THEREOF RECORDED IN VOLUME 8405, PAGE 286 AND VOLUME IN14,
PAGE 58 OF THE OFFICIAL PUBLIC RECORDS OF LUBBOCK COUNTY, A DISTANCE OF 992.97 FEET TO A PK
NAIL AND WASHER FOUND AT TIIE NORTHEAST CORNER OF THAT CERTAIN TRACT OF LAND CONVEYED
TO LUBBOCK LAND INVFSTME.NTS 1, LP RECORDED IN VOLUNIE 10469, PAGE 124 OF THE OFFICIAL PUBLIC
RECORDS OF LUBBOCK COUNTY, FOR THE SOUTHEAST CORNER OF THIS TRACT;
THENCE N. 880 IY OS" W., ALONG THE NORTH LINE OF SAID LUBBOCK LAND INVEMIENT5 1, LP TRACT, AT A
DISTANCE OF 3200 FEET PASS A 1/2" IRON ROD WITH CAP hIARKED "H. REED & ASSOCS" FOUND,
CONTINUING FOR A TOTAL DISTANCE OF 1118.38 FEET (PREVIOUS RECORD CALL- N. 980 09, So" W., 1118.38
FEIM TO A 1/2" IRON ROD WITH CAP MARKED " Ff. REED & ASSOCS' FOUND FOR A CORNER OF T7-fTS TRACT;
THENCE N. 010 48' 45" E, ALONG A PORTION OF THE NORTH LINE OF SAID LUBBOCK LAND INNTS'TMENTS I,
LP TRACT, A DISTANCE OF 146.21 FEET (PREVIOUS RECORD CALL.- N. 01° 48' 13" E, 146.21 FEET) TO A 1/2" IRON`
ROD WIIN CAP NARKED "Ff, REED & ASSOCS" FOUND FOR A CORNER OF TIfIS TRACT;
THENCE N. 880 09' 49" W., ALONG THE NORTH I.NE OF SAID LUBBOCK LAND INVESTMENTS I, LP TRACT, A
DISTANCE OF 1468.E FEET (PREVIOUS RECORD CALL N. 880 10' 43" W., 1467.86 FEET) TO A 1 /2' IRON ROD W?FH
CAP MARKED "STEVENS RPLS 4339" SET IN THE E.iST RIGHT-OF-WAY LINE OF NRLWAUKEE AVENUE, AS
DESCRIBED IN L)F.ED RF.CORDF.D IN VOLUMF, 9735, PAGE 349 OF THE OFFICIAL PUBLIC RECORDS OF
LUBBOCK COUNTY, FOR TILE SOUTHWEST CORNEA OF'nfIS TRACT;
T"HF-NCL N. 010 4Y I— E. .ALONG TAIL EaAST RIGHT-OF-WAY LINE OF ,MILW.AUKEE .AVENUE (PREVIOUS
RECORD CALL-N. 01" 4Y 58" E), A DISTANCE OF 29ZOO FEET TO A 5/8" IRON ROD FOUND AT THE SOUITIWFST
CORNER OF 'TRACT A, W.ALALART SUPERCENTER, AN .ADDITION -1 O TIME CITY OF LUBBOCK, ,ACCORDING TO
THE NLAP OR PLAT TFIERI OF RECORDED IN PLAT ,AND DEDICATION NO. 2006024909 OF THE OFFICIAL PUBLIC
RECORDS OF LUBBOCK COUNTY. FOR TT fE MOST W SIERLY NORTE {WEST CORNER OF TI IIS TRACT;
A- I
EXHIBIT A
Exhibit "1"
'ITIENCE S. 88° 09' 54" E, ALONG TFIF SOUTH LINE OF SAID TRACT A, A DISTANCE OF 915.02 FELT (PREVIOUS
RECORD CALLS. W 1(' 10" E., 914.93 I•'EET) TO A 5/8" IRON ROD WMI CAP,"LkRKED "DUNAWAY ASSOC, INC'
FOUND AT THE SOUTFIEAST CORNER OF SAID TRACT,1 AND TI11~ SOU'I'HWE_%-F CORNER OF LOT 4B OF SAID
SPECTRA LUBBOCK SOUTHWES"C, FOR A CORNER OF THIS TRACT,
THENCE N. 01° 49' SO" E, ALONG 'TILE COMINION LINE OF SAID TRACT A AND LOT 48, A DMANCE OF 28259
FEET (PREVIOUS RECORD C.W. N. 01* W 50" E., 282.78 FEM) TO A 1/2" IRON ROD WITH CAP MARKED
"STEVENS RPLS 4339" SET AT THE WEST COMMON CORNER OF SAID LOTS 4A AND 48 FOR A CORNER OF THIS
TRACT:
THENCE S. 980 10 10" E� ALONG THE COMMON LINE OF SAID LOTS 4A AND 4B, A DIS A-NCF OF 388.52 FEET
(PREVIOUS RECORD CALL: S. 8r IV 10" E., 388.47 FEET) TO A 1/2" IRON ROD WM4 CAP MARKED "STEVENS
RPLS 4339" SET AT THE EAST COMMON CORNER OF SAID LOTS 4A AND 4B FOR A CORNER OF THIS TRACT;
THENCE N. 010 49' OS" E., ALONG THE EAST LINE OF SAIID LOT 4A (PREVIOUS RECORD CALL• N. 010 49'
14" 1?), A DISTANCE OF 271.71 FEET TO THE POINT OF BEGINNING.
A-2
EXHIBIT A
Exhibit "1"
a
BETENBQUGH
HOMES
April 8, 2011
Cheryl Brock
City of Lubbock, TX
1625 13't' Street
Lubbock, TX 79457
Re: Valencia, Public Improvement District
Dear Honorable Mayor and City Council;
Valencia is a residential development within the city limits of the City of Lubbock bound
on the west by Milwaukee Avenue, the east by Iola Avenue, the north by Monterey
Church of Christ, and the south by The Trails at Regal Park. We are proposing to create
a Public Improvement District "PID" to maintain the public improvements for Valencia.
In order to comply with the "Public Improvement District Policies and Guidelines", we
are providing information as required in Section M. "Guidelines", b. "Petition
Requirements". We are providing information regarding items 5-16, as follow:
5. If the 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 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.
8. Addressed in Section 2 of the petition.
9. City owned Iand in the distinct will be "Tract A & Tract B, Valencia, an addition to
the City of Lubbock".
10. General description of proposed improvements in Section 2 of the petition.
11. The estimated total cost of the improvements is $200,000.00 and will be paid by
developer with no desire for any reimbursement. The estimated cost of the maintenance
is S 18,000 per year and is to be paid for by the PID as soon as the funds are available.
12. Budget is attached in the service plan.
EXHIBIT A
Exhibit "1"
BETENBOUGH
HOMES
13. Method of assessment will be base on the net taxable value of the affected properties
and will be assessed at S.11 per $100.00 valuation.
14. Documentation of liability insurance will be attached to this letter
15. Addressed in Section 6 of the petition
16. Addressed in Section 5 of the petition
Hopefully this will provide all of the information requested to continue with the creation
of the PID. Please let we know if you have any questions or require any additional
information.
Drew %e n
Community Development
Betenbough Homes
EXHIBIT A Resolution No. 2011-RO310
w
WN Moo lllj tW -Mo 44W (►tilt)
OD1D aaaf
a-o-1t To QCt01l U+[.
�. peons'.oil �r16nAT w. 11,a. •�
AC ,9apor K IOaipr
g
h
?
s/1r AON 1tL0 •1a, tAC
'Uwr.• (at.
yawn
MOW132T cmamm a
•Argo lrt wal Al onOr
x �
a,n-wt 1AAa/R02
.. 9 �20oPD7a90O
J
Y k
ap :JC 10'Wt 9tA.0p'
R
lA lOC'W'7Ai. 9/s.W'
bb
r
tot. uav9..c ua
tat 3
Y ! Y 1y
1%wlstY 6't�l
1/3' PON
aoo owm)
.0 CAW-J m "30,w
•
r _-
*,let
tt: Sd 11-01t 1mAr
AC.
33•
Nm1 rrotll. /i0Ij0'
aDaaow
am11n1Z.1amr/
tOT AA
n.Mt AC,
??�
lerlo'10i.
Ace 3M4r
Y
W
I'M to
'0
A 3
.4.a
Q n
al
y
AWI IOC.3
y 7daG0'
1 tm,iriG
`
vaa'•
tA.wo- (.raD?
MMwr (Phim).
tt NtgCT+Di. IAas%ar
r
cti.ro). pl � 8 � ,� Manooat I,16_fa•
hAAVtvW* t„osY'
We k ff.
WL 104CA, PG. 1).
SURVEY OF TIIRFE TRACTS OF LAND IN
THE NORTH WEST QUARTER OF
SECTION 28, BLOCK AK
LUBBOCK COUNTY, TEXAS
a Asscoa' MLTm & BOUNDS DPSCR1PnoNs ON SEPARATE MCUMEMS
MOO
WA/f tags BMW mm or S NKT.
.
• � fOMie t1o,.A[DA.
(� f11 , 1RLM am tgil G1V7efW¢ leap ayp'
Nfp . ,alyipll p aQdto bOt.7T.
G tgiMgt.
IA�am CAU.
IW�
1
a
'J ?C
rilahll'Dap Impm.
no PA %%% Alla)a = to TM[ OxcujsAt tat Or Tla arpmlyL +ADp/pI1t
o aaautua WUM 01 na 1;way. rf a ION ta•vpptlt[ m ALOIIOMM
map== OR 1l aca"A'" W= aoaacm FICU l7SA" al, %Moct
11100M CO.
aft RM a no: M1omm a unce uiharac m ,SJ9o0xam w 4a .W
m Wr -"= O ""au, roll em MQ.q M Won. mmod W AM
R
DO O SUP W 10 *W f$M *KM BOLT CL DMCLMD 01 A PM NO
1&&! Q
�7p ppgypp� OAO am DOW SiOIaI no Affm 11a tLC
la'rli IEIOaQ Or CMCM a AMMI C Da Ma R AS 91ou OM Net RAT.
t
?
IYYO1a t1Oo0Qi0 Al falao Or tJta ttwrat AIR Am lxryrAa mm-xg Rp 01
ff g
!r nO &OR1p AS OON1114I11C 470004M mx
to VARMM M Acara.M aRDI 111= 9oanMls
Opal0l= Ma aOAVA as Ifb OMMM er 11c e0011towt prim. dole
Zee am we a; Ms O97AaM[a a vs amamlaaa ALCM rK IMMI Loa 0•
o
mO ZpW. aMC 1 K Q! a0' C 02a0laa t0 RW[tt afAtAL, R
-or V sr. 0suscrs Am mma.
00 MOM am"NAtAAOOMatiltOM
PIIpMD rapt M /OWL allaalY v 119 ipa}ry 11110 oao
DC tMtt>aWM1 IfJaOM IQr1t®iA tK neaOp Or no
sur." to vW tam d w lOIORIDOa AIQ Ktla.
UJRA 0 OCMM 31 NID NDOOMM l Z=
U
z
UJ
EXHIBIT A Resolution No. 2011-RO310
Exhibit "I"
k
-7 ?'Ak'
Jill
EXHIBIT A
Resolution No. 2011--RO310
Exhibit 11211
The Land
METES AND BOUNDS DESCRIPTION:
A 39.941 ACRE. "TRACT OF LAND SITUATED IN T'HA'[' CERTAIN 199.932 AC:RV 'IAAC'1' OF LAND RECORDED IN
VOLUME 6937, PAGR 174 OF TI IF REAL. PROPrR'IY RECORDS OF LUBBOCK COUNTY, INCLUDING LOT 4H OF
SPECTRA LUBBOCK SOU'TI [WEST. AN ADDITION TO T'HF CITY Of-' LUBBOCK, LUBBOCK COUNTY, TEXAS,
ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN PLAT AND DEDICTATION NO. 2006044435 OF THI?
OFFICIAL PUBLIC RECORDS OF LUBBOCK COUNTY, AND LOC:ATI:D IN SECTION 28, BLOCK AK, LUBBOCK
COUNIY,11EXAS, SAID 39.941 ACRE TRACT BEING FURTI IER DE,SCRIBE'D BY Nll-"I'I'$ AND BOUNDS AS FOLI.OW&
BEGINNING AT A 1 /2" IRON ROD WIT[ I CtAI' MARKED "STrVI?NS RPLS 4339" S[- I' IN 11IE EAST' ],INE OF LOT 4A,
SPECTRA LUBBOCK SOUTIME-TI, AN ADDITION TO THE CITY Olt LUBBOCK, LUBBOCK COUNTY. TEXAS,
ACCORDING TO THE MAP OR P1.AT'T[ IEREOF RECORDED IN PLAT AND DEDICATION NO.2006044435 OIt TI lr
OFFICIAL PUBLIC RI?CORDS OF LUBBOCK COUNTY, AND S. 01' 49' 05" W. A DISTANCEE, Olt 175.00 VEI X
PROMTHE SOU'I1[WES"I' CORNP.R OF'TRACT A-1, A RI?PI.AT Of- TRAC:1' A, A[ONI'1?RI?Y CHURCH OF CI—
IRIS-1-ADDITION, AN ADDITION'I'O'I'f Il? CITY OEt 1.UBBOCK, LUBBOCK COUNTY, TEXAS, ACCORDING-1-0'ITIE MAP
Olt PLAI-THEREOF RECORDED IN VOLUME 10299, PAGE 264 OF TI-IF 011141CIAL PUBLIC RECORDS OF LUBIIOCK
COUNTY, FOR THE NOR'ITIWI:51' CORNER OF THIS TRACT, HAVING COORDINATES OF NOR'IIIING:
7,252,079.942 AND h:AS-TING: 916,426.179, TEXAS COORDINATE: SYSTI:Ai, TXNC ZONE 4202, NAI) 83 (COILS 96).
WI IENrR THE NOIt I'HWf?S T (X)RNrR OF SI?CJ'ION 28 BEARS N. 01' 49' 05" F. A D ['ANCE OF 1001.91 FEET, N. Ol'
54' 20" L. A DISTANCE OF 55.00 Ff?L"I' AND N. 88' OY 40" W. A DI511ANCE OF 1360.47 FEET, PrR CALLED
DISI'ANCI?S IN SAID PLAT OF TRACT A-1 AND IN PREVIOUS WARRANTY DEEDS RECORDED IN VOLUME 6937,
PAGES 174 AND 178 OF TI-Ir REAL PROPERTY RECORDS OF LUBBOCK COUNTY;
THENCE S. 88' 11' 01" F. PARALLEL WI111 THE SOU'l'H LINE OF SAID TRACT A-1 (PRI?V[OUS RECORD CALL:
EAST), AT- A D1Sl'ANCL Of-1250.20 F-REX PASS A I /2" IRON ROD WI.11I CAP MARKED'S1L\'ENS RPIS 4339" SET' 1N
REFERENCE, CONTINUING. FX)R A'I'U'l:►1. D1S1'ANCF OF 1292.20 FI?I?'l -1.0 A 1/2" IRON ROD WITH CAP MARKED
":S'11?VENS RPLS 4339" SET IN T1IE FAST' LINE OF SAID 199.832 ACRE TRACT' FOR ITIE NORTHEAST CORNER OF
TI ITS TRACT;
TI-IFNCr S. 01' 45' 05" W., AI.ON(; 'I'lil? KAST LINE OF SAID 199.832 ACRE'TRACI' (PREVIOUS IUiCORD CALL: S. 00'
02' S0" R.) AND THE CENTERIANE OF IOLA AVENUE AS DrDICA'1'I?I) BY TIIH PLATS OF REGAL. PARK,
ACCORDING TO T1IE MAPS OR PLA'1'S'I HEREOF RECORDED IN VOLUME. 8405, PAGE 286 AND VOLUME 10114.
PAGE 58 OF THE OFFICIAL PUBLIC RECORDS OF LUBBOCK COUNTY, A DISTANCE OF 992-97 FEET TO A PK
NAIL. AND WASHER FOUND AT 'IT IF NORIT 1EAST CORNER OF TT [AT Cl- R'I'AIN 'TRACT OF LAND CONVEYEI)
IT) LUBBOCK LAND INVEST Mr-NIS 1, 1.11 RECORDED IN VOLUME' 10469. PAGE 124 OIt 111E OFFICIAL. PUBLIC
RL'CORDS OF LUBBOCK COUNTY, FOR TI IE SOUT'I II?ASI'CORNER Olt'IT HS'IRACI';
TI IENC.E N. 88' 10 05" W., ALONG '1T [E NORTH LINE OF SAID LUBBOCK LAND INVI?4Z111FNTS I, LP TRACI'. AT A
DKI'ANCF OF 3200 FEET PASS A 1/2" IRON ROD WITH CAP ALARKED "H. REED & ASSOCS" FOUND,
CONTINUING FOR A TOTAL. DISIANCE OF 1118.39 FI:F'I' (PRL\'IOUS RECORD CALL- N. 88' 09' 50" W., 1118.38
FEET) TO A 1/2" IRON ROD WI'II I CAP AFARKED "H. RHED & AS.SOCS" FOUND FOR A CORNER OFII IIS'IRACI';
'111ENCE N. 01' 48' 45" 1?., ALONG A PORTION OF'1HE NORTH LINT? OF SAID LUBBOCK LAND INVESTMRN'T51.
LP'11tACT, A DISTANCE OF 146.21 Itl?I,'1' (PREVIOUS RrCORD CALL: N. 01' 48' 13" E., 146.21 Frr'1)1'O A 1/2" IRON
ROD WITH CAP MARKED "11. REED & ASSOCS" FOUND FOR A CORNI?R OF TI IIS TRACT
'ITIV,NCI? N. 88' 09' 49" W., ALONG '!'III? NORTI I LINE OF SAID LUBBOCK LAND 1NVESTAFENI'S 1. I.P RACI'. A
DISIANCE OF 1468.09 FEI?'l' (PREVIOUS RECORD CALL: N. 88' 10' 43" W., 1467.86 FEET) TO A 1/2" IRON ROD WITH
CAP MARKED "STEVrNS RPIS 4339" SL"I' IN TH1F, EAST RIGHT-OF-WAY LINE OF Alll WAUKEE AVrNUI?, AS
DESCRIBED IN DEED RECORDED IN VOLUME 9735, PAGE 349 Of-' 'IHEi OFFICIAL PUBLIC RECORDS OF
LUBBOCK COUNTY, FOR 'lHl ? SOUT'1 I Wr--W CORNER OF THIS TRAC:1';
'I1 [FNCI? N. 01' 43' 17" E., ALONG 1111: H ASI' RIGHT OF -WAY LINE OF MILWAUKEE AVENUE (PREVIOUS
RECORD CALL N. Of- 43' 58" F_), A DISI'ANC:E? OF 292.00 FELT" TO A 5/8" IRON ROD FOUND AT TI IL' SOU'I'HWFST
CORNER OF TRACT' A, WALAIART SUPERCI?NI'F:R, AN ADDITION -1'0 TI III CITY Olt LUBBOCK, ACCORDING TO
'ITIL MAP OR PLAT THFRFOF RECORDED IN PLAT AND DEDIC:AT1ON NO.2006024909 OF 711E OFFICIAL PUBLIC
RECORDS OF LUBBOCK COUNTY, FOR '1'I E MOSTWESTERLY NOR'1T IWL?SI' CORNER OF T1 ITS 1'RACI':
A-1
EXHIBIT A
THENCE S. 88° CV 54" K, ALONG TI II: SOUI1 F LINE OV SAID TRACI- A, A DISTANCE OF 915.02 FRET (PREVIOUS
ltf:COItD CAI.1z S 88° 10' 10" E., 914.93 I+l:l:'I) TO A 5/8" IRON ROD Win I Cr11' MARKl:D "DUNAWAY ASSOC, INC"
FOUND ATTHE SOUTI IliAti l' CORNER OF SAID TRACT' A AND TI IE SOU'11 IWI:S"I' COltN1:R OF LOT413 OF SAID
SPEC -MA LUBBOCK SOUI'I-IWE91', FOR A (.ORNI:R OF'111IS TRACT.
'11-II:NCF N. 010 49' 50" E., ALONG Tl IL' COMMON LINE OF SAID TRACT' A AND L(Yl' 413, A DISTANCE OF 28159
FRET (PREVIOUS RECORD CALL: N. 01° 49' 50" R., 282.78 FT•FI) TO A 1/2" IRON ROD WITH CAP MARKED
";S 1'I:\'f:NS RPL.S 4339" SI; I' :1'1"I'I 11: WIsS'i' COit1L ION CORNHIR OF SAID LOTS 4A AND 413 FOR A CORNER OF 1'l [IS
TRAC] ;
111HNCE S. 88° 10' 10" F_, ALONG 11IE COMMON LINE OF SAID LOTS 4A AND 413, A DISCANCL OF 388.52 FEM'
(PREVIOUS RECORD CALL: S. 88° 10' 10" F., 388.47 FER1) TO A 1/2" IRON ROD WITII CAP MARKED "S11-WENS
IWI S 4339" SF I' AT Tf IE EASI' CO\I\ION CORNER OF SAID LO'l S 4A AND 413 FOR A CORNER 0I4 'MIS TRACT;
'11 II-.NCV N. Ol° 49' 05" E., ALONG'11 U: EASI' 1.IN1'. OF SAID LOT 4A (PREVIOUS RECORD CALL: N. 010 49'
14" L'.), A DISTANCI: OF 271.71 FEET TO 1'HI: POINT OF BEGINNING.
A-2
^v' I ,.9.. I 't♦�.JJ.--ter _ i� _- L �F it ,' M ^. • ~��• t � i...L; .-...
.-
83ND-ST _ R. NU-S•T—
t
y ir
y
14
z -
,
� 8• RO-5T
TT_l
> r f
.�. .
Q
x
jwg,
v.. I
85 HrST�
OXL
E �.. � � � �/ //:ii:i%� c•, , it !.� , t�. �y _
/ 87TH.ST�
�.3rM 8-74-H-ST� t r a
t 88T.H
--I —� �— w
{ �t :f =tit I ?s` �•- K r ��
O H-ST s
H. S r: , -, PJ
w '
t \ ,
Exhibit B
City of Lubbock, TX
Finance Department
Valencia Public Improvement District
Proposed 2024 Service and Assessment Plan
Method of Assessment
* Properties will be assessed based on the City's 2024 "net taxable value" as established by the Lubbock Central Appraisal
District and submitted to the City under Tax Code Section 26.04.
* Assessment rate will be $0.18/$100 valuation.
* All property will be assessed based on the final 2024 "net taxable value".
Service Plan
Tax Year
Property Values (Taxable Values)
Discounted Property Values (9S%)
Fiscal Year Revenues
Interest Earnings
Assessment @ $0.18
Total
Expense
Park & Entrance Maintenance
Repairs
Public Improvement Projects
Park Equipment Maintenance
Electric Costs
Water Cost
Administrative Costs
Annual Operation Cost
Total
Cash Reserve
* Property Value growth rate = 2.1%annually
**Expense growth rate = 2% annually
Assessment Information for $100,000 Home = $180
Adopted
Proposed
Budget
Budget
Projected
2023
2024
2025
2026
2027
2028
Totals
40,481,949
43,932,242
44,854,819
45,796,770
46,758,502
47,740,431
47,740,431
38,457,852
41,735,630
42,612,078
43,506,932
44,420,577
45,353,409
45,353,409
2023-24
2024-25
2025-26
2026-27
2027-28
2028-29
Totals
$
3,037
3,397
3,407
3,418
3,429
3,442
$
20,130
69,224
75,124
76,702
78,312
79,957
81,636
460,956
$
72,261
78,521
80,109
81,730
83,386
85,078
$
481,085
$
31,930
35,000
3S,700
36,414
37,142
37,885
$
214,071
5,000
5,000
5,100
5,202
5,306
5,412
31,020
10,000
13,000
13,260
13,525
13,796
14,072
77,653
1,600
1,600
1,632
1,665
1,698
1,732
9,926
3,500
2,500
2,550
2,601
2,653
2,706
16,510
3,080
2,500
2,550
2,601
2,653
2,706
16,090
12,338
12,091
12,333
12,579
12,831
13,088
75,260
7,163
6,550
6,681
6,815
6,951
7,090
41,249
$
74,611
78,241
79,806
81,402
83,030
84,691
$
481,780
$
97,064
97,344
97,647
97,976
98,332
98,719
$
98,719
Exhibit C
Lubbock, TX
Finance Department
Valencia PID
Tax Year 2024 Preliminary Assessment Roll
Property
Property Legal
Prel. Taxable
Estimated 2024
ID
Owner Name
Owner Address
Property Address
De5cri tion
Value
Assessment
610187TH ST
R319343
RITCHIE KERRY & STEPHANIE
LUBBOCK, TX 79424
6101 87TH ST, LUBBOCK, TX 79424
VALENCIA L 1
616,074
1,108.93
WILSON BILL & COY B CO TRUSTEES
6103 87TH ST
R319344
WILSON LIVING TRUST
LUBBOCK, TX 79424
6103 87TH ST. LUBBOCK TX 79424
VALENCIA L 2
561,087
1,D09.96
6105 87TH ST
R319345
DENZER, CARL
LUBBOCK TX 79424-SS07
6105 87TH ST, LUSSOCK, TX 79424
VALENCIA L 3
658,923
1,186.06
6107 87TH Sr
R319346
BETENBOUGH RON & CONNIE
LUBBOCK, TX 79424-5507
6107 87TH ST, LUBBOCK, TX 79424
VALENCIA L 4
533,743
960.74
8714 IRONTON AVE
R319347
ANDERSON L E & DIANA P
LUBBOCK, TX 79424
8714 IRONTON AVE, LUBBOCK, TX 79424
VALENCIA L 5
607,165
1,D92.90
8712 IRONTON AVE
R319348
RHOADES SHANNON & WENDEE
LUBBOCK TX 79424-5803
8712 IRONTON AVE LUBBOCK TX 79424
VALENCIA L 6
S93,297
1,067.93
8710 IRONTON AVE
R319349
LUSK COREY A & ROXANN
LUBBOCK, TX 79424
8710 IRONTON AVE, LUBBOCK, TX 79424
VALENCIA L 7
61&373
1,113.07
8708IRONTON AVE
R319350
WINTERS GEORGE W & CAROLYN K
LUBBOCK, TX 79424
9708 IRONTON AVE, LUBBOCK, TX 79424
VALENCIA L 8
493,130
887.63
8706IRONTON AVE
R319351
MC DANIEL MICHAEL & ROXANNE
LUBBOCK, TX 79424.5803
8706 IRONTON AVE, LUBBOCK, TX 79424
VALENCIA L 9
535,330
963.59
8704 IRONTON AVE
R319352
JOHNSTON JEFFREY & KALEE
LUBBOCK, TX 79424
8704 IRONTON AVE, LUBBOCK, TX 79424
VALENCIA L 10
618,712
1,113.68
8702 IRONTON AVE
R319353
TULLIS RODNEY D & DEBORA
LUBBOCK, TX 79424
8702 IRONTON AVE, LUBBOCK, TX 79424
VALENCIA L 11
593,719
1,068.69
6113 87TH ST
R319354
CORDOVA RICARDO & JULIANA
LUBBOCK, TX 79424
6113 87TH ST, LUBBOCK, TX 79424
VALENCIA L 13
716,944
1,290.50
fills 87TH ST
R31935S
JORDAN JAMES R & YVETTE
LUBBOCK, TX 79424
6115 87TH ST, LUBBOCK, TX 79424
VALENCIA L 14
531,026
955.85
6117 87TH ST
R319356
LANCET, WILLIAM H & RITA
LUBBOCK, TX 79424
6117 87TH ST, LUBBOCK, TX 79424
VALENCIA L 15
SS7,682
1,003.83
6119 87TH ST
R319357
BABB FRANKLYN C & JANET R
LUBBOCK TX 79424
6119 87TH ST, LUBBOCK, TX 79424
VALENCIA L 16
624,584
1,124.25
12708 SUNSET RIDGE Pl. NE
R319358
SHENDE, KISHOR
ALBUQUERQUE, NM 87112
6121 87TH 5T, LUBBOCK, TX 79424
VALENCIA L 17
86,190
155,14
6123 87th ST
R319359
BURNS JOHN E III & MARIANNE
LUBBOCK, TX 79424
6123 87TH ST, LUBBOCK, TX 79424
VALENCIA L 18
676,163
1,217.09
6125 87TH ST
R319360
SHENG JAMESJ & YING ZHANG
LUBBOCK, TX 79424
6125 87TH ST, LUBBOCK, TX 79424
VALENCIA L 19
534,710
962.48
6127 87TH ST
R319361
LEHMAN ROBIN & GREGGORY
LUBBOCK, TX 79424
6127 87TH ST, LUBBOCK, TX 79424
VALENCIA L 20
512,576
922.64
S607 109TH ST
R319362
JOBIL REALTY PARTNERSHIP LTD
LUBSOCK, TX 79427
6122 87TH ST, LUBBOCK, TX 79424
VALENCIA L 21
98,220
176.80
NEITSCH ROGER G (TOD) & CYNTHIA
6120 87TH ST
R319363
A (TOD)
LUBBOCK, TX 79424
6120 87TH SF, LUBBOCK, TX 79424
VALENCIA L 22
487,483
877.47
6118 87TH 5T
R319364
HARTMAN ROWDY C & ELIZABETH N
LUBBOCK, TX 79424
611887TH ST, LUBBOCK, TX 79424
VALENCIA L 23
548,963
988.13
6116 87TH ST
R319365
XU, KE TOM
LUBBOCK, TX 79424
6116 87TH ST, LUBBOCK, TX 79424
VALENCIA L 24
634,936
1,142.88
6114 87TH 5T
R319366
JACKSON JONATHAN A & AMANDA L
LUBBOCK, TX 79424
6114 87TH ST. LUBBOCK, TX 79424
VALENCIA L 25
697,253
1,255.06
6112 87TH ST
R319367
KUEHLER RONALD & APRIL
WHROCK, TX 79424
6112 87TH ST, LUBBOCK, TX 79424
VALENCIA L 26
517,641
931.75
6108 87TH ST
R319368
ISKEENS SHANE & LISA
LUBBOCK, TX 79424
6108 87TH ST, LUBBOCK, TX 79424
VALENCIA L 27
531,385
956.49
6106 87TH ST
R319359
FOY, JAMES CHARLES
LUBBOCK, TX 79424
6106 87TH ST, LUBBOCK, TX 79424
VALENCIA L 28
582,798
1,049.04
6104 87TH 5T
R319370
DEVAULT, TERRY
LUBBOCK, TX 79424
61D4 87TH ST, LUBBOCK. TX 79424
VALENCIA L 29
585,215
1,053.39
6102 87TH ST
R319371
FREEMAN RICKY & KIMBERLY
LUBBOCK, TX 79424
6102 87TH ST, LUBBOCK, TX 79424
VALENCIA L 30
561,149
1,010.07
6111 87TH ST
R319372
MADHAVARAM, SREEDHAR
LUBBOCK, TX 79424
6111 87TH ST, LUBBOCK, TX 79424
VALENCIA L 12
550,448
990.81
6305 82ND ST
R320815
BETENBOUGH HOMES LLC
LUBBOCK, TX 79424.3681
612487TH ST, LUBBOCK, TX 79424
VALENCIATRA
24,544
44.18
63D5 82ND ST
R320816
BETENBOUGH HOMES LLC
WBBOCK, TX 79424.3681
8602 IOLA AVE, LUBBOCK, TX 79424
VALENCIA TR B
627
1.13
Page 1
Exhibit C
Lubbock, TX
Finance Department
Valencia PID
Tax Year 2024 Preliminary Assessment Roll
Property
Property Legal
Prel. Taxable
Estimated 2024
ID
Owner Name
Owner Address
Property Address
Description
Value
Assessment
5124 82ND ST
8605 MILWAUKEE AVE, LUBBOCK, TX
R323451
HATCHETT, WILLIAM G
LUBBOCK, TX 79424
79424
VALENCIA OFFICE PAI
848,642
1,527.56
2204 ITHACA AVE
R323452
LEONARDO P B HOLDINGS LLC
LUBBOCK, TX 79410
MILWAUKEE AVE, LUBBOCK, TX 79424
VALENCIA OFFICE PAI
168,000
302.40
8705 MILWAUKEE AVE
8705 MILWAUKEE AVE, LUBBOCK, TX
R323453
THIRTEEN IS LUCKY FOR ME LLC
LUBBOCK, TX 79424-0940
79424
VALENCIA OFFICE PAI
930,201
1,674.36
6102 86TH ST
R327440
BLACKWELL DANNY CRAIG & MARY C
LUBBOCK, TX 79424-6864
6102 86TH ST, LUBBOCK, TX 79424
VALENCIA L 31
375,281
675.51
6104 86TH ST
R327441
ALFARO JOSE & AMPARO
LUBBOCK, TX 79424
6104 86TH ST, LUBBOCK, TX 79424
VALENCIA L 3 2
469,109
942.60
6106 86TH ST
R327442
JOHNSON RYANN & HOLLY
LUBBOCK, TX 79424
6106 86TH ST, LUBBOCK, TX 79424
VALENCIA L 33
1 411,805
741.25
6108 86TH ST
R327443
FLEEMAN, SHANE
LUBBOCK, TX 79424
6108 86TH ST, LUBBOCK, TX 79424
VALENCIA L34
639,390
1,150.90
LEAMON ALEXANDER M &
6110 86TH ST
R327444
MORGANN E
LUBBOCK, TX 79424
6110 86TH ST, LUBBOCK, TX 79424
VALENCIA L 35
377,143
678.86
6112 86TH ST
R327445
STERLING, RILEY WARREN
LUBBOCK, TX 79424
6112 86TH ST, LUBBOCK, TX 79424
VALENCIA L 36
38B,967
700.14
6114 86TH ST
R327446
CAMPBELL JAMES & BRENDA
LUBBOCK, TX 79424
6114 86TH ST, LUBBOCK, TX 79424
VALENCIA L 37
344,357
619.84
6116 86TH ST
R327447
BONHAM, SUSAN
LUBBOCK, TX 79424.6864
6116 86TH ST, LUBBOCK, TX 79424
VALENCIA L 38
361,793
651.23
6118 86TH ST
R327448
GREENLEE ERIC T & LINDSAY R
LUBBOCK, TX 79424-6864
6118 86TH ST, LUBBOCK, TX 79424
VALENCIA L 39
333,897
601.01
6120 86TH ST
R327449
THOMSON SYLVIA & CARROL
LUBBOCK, TX 79424
6120 86TH ST, LUBBOCK, TX 79424
VALENCIA L 40
332,755
598.96
6122 86TH ST
R327450
BRODIE BLAKE M & IORDYN LYN
LUBBOCK, TX 79424
6122 86TH ST, LUBBOCK, TX 79424
VALENCIA L 41
371,102
667.98
6124 86TH ST
R327451
BORDOVSKY, JASON
LUBBOCK, TX 79424
6124 86TH ST, LUBBOCK, TX 79424
VALENCIA L42
345,200
621.36
6126 86TH ST
R327452
VAN DEN ACRE LISA J & WILLIAM R
LUBBOCK, TX 79424
6126 86TH ST, LUBBOCK, TX 79424
VALENCIA L 43
350,027
630.05
6128 86TH ST
R327453
IKIRK BRANDON & BRITTNI
LUBBOCK, TX 79424
612886TH ST, LUBBOCK, TX 79424
VALENCIA L 44
353,938
637.09
6130 86TH ST
R327454
ARANT RUYAL D & BECKY
LUBBOCK, TX 79424
6130 86TH ST, LUBBOCK, TX 79424
VALENCIA L 45
336,773
606.19
6132 86TH ST
R32745S
CLEMMONS DORIS A & JIMMY R
LUBBOCK, TX 79424
6132 86TH ST, LUBBOCK, TX 79424
VALENCIA L 46
336,628
605.93
BROOKS LESLEY JO & JENNIFER
6134 86TH ST
R327456
LYNNE
LUBBOCK, TX 79424
6134 86TH ST, LUBBOCK, TX 79424
VALENCIA L 47
430,547
774.98
6136 86TH ST
R327457
TUCKER W ESTIN WADE & MEGAN
LUBBOCK, TX 79424.6864
6136 86TH ST, LUBBOCK, TX 79424
VALENCIA L 48
489,428
880.97
6138 86TH ST
R327458
DEWEY MATTHEW & DESIREE
LUBBOCK, TX 79424
613886TH ST, LUBBOCK, TX 79424
VALENCIA L 49
698,685
1,257.63
THARNISH TONY A & ANGELA
6140 86TH ST
R327459
VALDERAZ
LUBBOCK, TX 79424
614086TH ST, LUBBOCK, TX 79424
VALENCIA L 50
457,135
822.84
BURKHARDT JEFFREY H & ELIZABETH
8602 KIRBY AVE
R327460
C
LUBBOCK, TX 79424
8602 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 51
484,953
872.92
8604 KIRBY AVE
R327461
MASSIE SHAWN & JENA
LUBBOCK, TX 79424
8604 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 52
455,S78
820.04
8606 KIRBY AVE
R327462
HOWARD, KATEY LOREN
LUBBOCK, TX 79424
8606 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 53
397,050
714.69
8608 KIRBY AVE
R327463
WASHBURN NATHANIEL & KAYTLAN
LUBBOCK, TX 79424
8608 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 54
409,557
735.40
CANO BRENDA & ESTATE OF ZENON
8610 KIRBY AVE
R327464
CANO
LUBBOCK, TX 79424
8610 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L55
515,487
927.88
OSBORNE CONNER & JANNIN
8612 KIRBY AVE
R327465
MACIAS
LUBBOCK, TX 79424
8612 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L56
501,001
901.80
6302 87TH 5T
R327466
GOMEZ GEORGIA ANN & ADAN R JR
LUBBOCK, TX 79424-5065
6302 87TH ST, LUBBOCK, TX 79424
VALENCIA L 57
393,905
709.03
6304 87TH ST
ER324
SCHWARTZE WILLIAM C & DEANNA E
LUBBOCK, TX 79424
6304 87TH ST. LUBBOCK, TX 79424
VALENCIA L 58
312,619
562.71
6306 87TH ST
1
MORENO, PEDRO P
LUBBOCK, TX 79424
6306 87TH ST, LUBBOCK, TX 79424
VALENCIA L 59
326,953
588.S2
Page 2
Exhibit C
Lubbock, TX
Finance Department
Valencia PID
Tax Year 2024 Preliminary Assessment Rail
Property
Property Legal
Prel. Taxable
Estimated 2024
ID
Owner Name
Owner Add ress
Property Address
Description
Value
Assessment
6308 87TH ST
R327469
WILLIAMS KALUE K & KEN D
LUBBOCK, TX 79424
6308 87TH ST, LUBBOCK, TX 79424
VALENCIA L 60
330,462
594.83
6310 87TH ST
R327470
MAXSON, TROY
LUBBOCK, TX 79424
6310 87TH ST, LUBBOCK TX 79424
VALENCIA L 61
306,797
552.23
6312 87TH ST
R327471
ANDERSON SCOTT A & TERI L
LUBBOCK, TX 79424
6312 87TH ST. LUBBOCK, TX 79424
VALENCIA L 62
1 368,614
663.51
6314 87TH ST
R327472
SINGH, SUKHBIR
LUBBOCK, TX 79424
6314 87TH ST, LUBBOCK, TX 79424
VALENCIA L 63
330,185
594,33
6316 87TH ST
R327473
SANDERS, DENISE
LUBBOCK, TX 79424
6316 87TH ST, LUBBOCK, TX 79424
VALENCIA L 64
331,393
596.51
6318 87TH ST
R327474
MARTIN MICHAEL E & JOELLA L
LUBBOCK, TX 79424
6318 87TH ST, LUBBOCK, TX 79424
VALENCIA L 65
369,124
664.42
6320 87TH ST
R327475
YAN, YING
LUBBOCK, TX 79424
6320 87TH ST, LUBBOCK TX 79424
VALENCIA L 66
321,878
579.38
6322 87TH ST
R327476
SHORT JEFFREY & LESUE
LUBBOCK, TX 79424
6322 87TH ST, LUBBOCK TX 79424
VALENCIA L 67
331.988
597.58
632187TH ST
R327477
ZHOU, WENXU
LUBBOCK, TX 79424
6321 87TH ST, LUBBOCK, TX 79424
VALENCIA L 68
371,089
667.96
6319 87TH ST
R327478
SANCHEZ, MIRIAM
LUBBOCK, TX 79424
6319 87TH 5T, LUBBOCK, TX 79424
VALENCIA L 69
327,875
590.18
6317 877H ST
R327479
MONTGOMERY, AUGUST
LUBBOCK, TX 79424
6317 87TH ST. LUBBOCK, TX 79424
VALENCIA L 70
338,094
608.55
5315 87TH ST
R327480
TIVIS, TIM
LUBBOCK TX 79424
6315 87TH ST, LUBBOCK, TX 79424
VALENCIA L 71
335,287
603.52
6313 87TH ST
R327491
GILL JAMES T & BETTY J
LUBBOCK TX 79424
6313 87TH ST, LUBBOCK, TX 79424
VALENCIA L 72
368,597
663.47
531187TH ST
R327492
ZHANG, RAN
LUBBOCK, TX 79424
6311 87TH ST. LUBBOCK, TX 79424
VALENCIA L 73
337,318
607.17
6309 87TH ST
R327483
ROPER MICHAEL LEE & BRITTANY
LUBBOCK, TX 79424
6309 87TH ST, LUBBOCK, TX 79424
VALENCIA L 74
341,030
613.85
6307 87th ST
R327484
VAUGHN, TONI
LUBROCK, TX 79424
6307 87TH ST, LUBBOCK TX 79424
VALENCIA L 75
323,706
582.67
6305 87TH ST
R327485
GRIGGS, CNI
LUBBOCK, TX 79424.5066
6305 87TH ST, LUBBOCK, TX 79424
VALENCIA L 76
312,357
562.24
6303 87TH ST
R327486
DIXON, GREGORY LYNN
LUBBOCK, TX 79424
6303 87TH ST, LUBBOCK, TX 79424
VALENCIA L 77
400,621
721.12
6301 87TH ST
R327487
I ZHAO Ti & YUJIAO ZU
LUBBOCK, TX 79424
630187TH ST, LUBBOCK, TX 79424
VALENCIA L 78
344,323
619.78
RICHARD G & JENNIE L RHOADS
TRUSTEES
RHOADS RICHARD G & LYNETTE
PO BOX 2899
R327488
TRUST
ROSWELL, NM 88202-2899
8611 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 79
325,363
585.65
8609 KIRBY AVE
R327489
MCGEE ZACHARY & MEAGAN
LUBBOCK, TX 79424
8609 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 80
440,867
793.56
8607 KIRBY AVE
R327490
GARRETT JASON R & RAQUEL R
LUBBOCK, TX 79424
8607 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 81
487,505
877.51
CAISHA DARTHARD-DAWODU
8605 KIRBY AVE
R327491
DAWODU MICHAEL &
LUBBOCK, TX 79424
9605 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 82
359,531
647.16
8603 KIRBY AVE
R327492
LEWIS ROLAND C III & APRIL M
LUBBOCK, TX 79424
86D3 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 83
365,709
658.28
9601 KIRBY AVE
R327493
IVEY MICHAEL & JENNY
LUBBOCK, TX 79424
8601 KIRBY AVE, LUBBOCK, TX 79424
VALENCIA L 84
572,463
1,030.43
6131 86TH ST
R327494
DREW RICHARD I & ROWENA R
LUBBOCK, TX 79424
6131 86TH ST, LUBBOCK, TX 79424
VALENCIA L 85
352,984
635.37
WINDHAM MCCUNTON &
6129 86TH ST
R327495
ALEXANDRA
LUBBOCK, TX 79424
6129 86TH ST, LUBBOCK, TX 79424
VALENCIA L 86
378,399
681.12
6127 BETH ST -
R327496
OCANAS ROCKY & JESSICA
LUBBOCK, TX 79423
6127 86TH ST, LUBBOCK, TX 79424
VALENCIA L 87
371,266
668.28
1700 COUNTY ROAD 1106
R327497
LEAMON MICHAEL W & SHERI L
ATHENS, TX 75751
6125 86TH ST, LUBBOCK, TX 79424
VALENCIA L 88
427,978
770.36
6123 86TH ST
R327498
CASTRO, ABEL, Jr
LUBBOCK, TX 79424
6123 86TH ST, LUBBOCK, TX 79424
VALENCIA L 89
434,545
782.18
MIDGETT ANDREW SCOTT & SHELLY
6121 86TH ST
R327499
JO
LUBBOCK, TX 79424
6121 86TH ST, LUBBOCK, TX 79424
VALENCIA L 90
450,462
828.83
Page 3
Exhibit C
Lubbock, TX
Finance Department
Valencia PID
Tax Year 2024 Preliminary Assessment Roll
Property
Property Legal
Prel. Taxable
Estimated 2024
ID
Owner Name
Owner Address
Property Address
Description
Value
Assessment
DAUGHTRY ROBIN & KIMBERLY
6119 86TH ST
R327500
MILLER
LUBBOCK, TX 79424
6119 86TH ST, LUBBOCK, TX 79424
VALENCIA L 91
373,576
672.44
6117 86TH ST
R327501
DOAN JENNIFER & PHAN N NGUYEN
LUBBOCK, TX 79424
6117 86TH ST, LUBBOCK, TX 79424
VALENCIA L 92
393,631
708.54
6115 86TH ST
R327502
RANDALL DAVID & JENNIFER
LUBBOCK, TX 79424
6115 86TH ST, LUBBOCK, TX 79424
VALENCIA L 93
378,122
680.62
6113 86TH ST
R327503
I LOWRY REBECCA & KATIE
LUBBOCK, TX 79424
6113 86TH ST, LUBBOCK, TX 79424
VALENCIA L 94
335,828
604.49
6111 SGTH ST
R327504
RIEKEN, KASEY
LUBBOCK, TX 79424
6111 86TH ST, LUBBOCK, TX 79424
VALENCIA L 95
322,671
580.81
6109 86TH ST
R327505
LILLEYJASON & MICHELLE
LUBBOCK, TX 79424
6109 86TH ST, LUBBOCK, TX 79424
VALENCIA L 96
353,SSS
636.40
6107 86TH ST
R327506
(ARSON ROBERT & DEBRA
LUBBOCK, TX 79424
6107 86TH 5T, LUBBOCK, TX 79424
VALENCIA L 97
410,467
738.84
6105 86TH ST
R327507
SUGGS BILLY & IRENE
LUBBOCK, TX 79424
6105 86TH ST, LUBBOCK, TX 79424
VALENCIA L 98
348,753
627.76
FAIRY GRACE GARNETT TRUSTEE
GARNETT JOHN EDWARD ESTATE TR
6103 86TH STREET
R327508
& GRACIE
LUBBOCK, TX 79424
6303 86TH ST, LUBBOCK, TX 79424
VALENCIA L99
351,213
632.18
6101 86TH ST
R327509
FREE -BROWN, STEPHANIE
LUBBOCK, TX 79424-6865
6101 86TH ST, LUBBOCK, TX 79424
VALENCIA L 100
462,970
833.35
45,635,081
$2,142,25
Page 4
Valencia Public Improvement District
Public Hearing for the Review of the Assessment Rate
August 27, 2024 1 2:00 P.M.
Citizens Tower Council Chamber 11314 Avenue K, Lubbock, TX 79401
Please take notice that on August 27, 2024, at 2:00 P.M., the City Council of Lubbock, Texas, will conduct a public
hearing in the City Council Chamber of Citizens Tower at 1314 Avenue K, Lubbock, TX 79401. The purpose of this
hearing is to consider the 2024 assessment rate for property owners in the Valencia Public Improvement District
("District") pursuant to Chapter 372 of the Texas Local Government Code (The "Act").
All interested persons will be given the opportunity to appear and be heard at such public hearing. Written or oral
objections will be considered. The Assessment Roll will be available for viewing in the Business Development
Department on the 9" Floor of Citizens Tower after August 8, 2024.
The following information is hereby provided concerning the matters to be considered at such hearing:
Nature of the Services and Improvements: The general nature of the proposed public improvements is: (i) the
design, construction and maintenance of Parks and greens together with any ancillary structures, features or amenities
such as playgrounds, athletic facilities, pavilions, community facilities, irrigation, walkways, lighting, benches, trash
receptacles and any similar items located therein along with all necessary grading, drainage, and similar infrastructure
involved in the maintenance of such parks and greens; landscaping, hardscape and irrigation; and (ii) costs of
establishing, administering and operating the District. The District is to supplement and enhance services within the
District, but not replace or supplant existing City services provided within the District.
Estimated Cost of the Services and Improvements: The total estimated cost of services provided by the District is
estimated at $407,170 over the next five years. The estimated annual cost rises from $78,241 in FY 2024-25 to
$84,691 in FY 2028-29. The District shall not incur bonded indebtedness. The costs are based on a proposed
assessment rate of $0.18 per $100.00 of valuation through tax year 2028.
Boundaries: The District is located wholly within the City of Lubbock, Texas. The Valencia Public Improvement
generally covers a portion of an area in the City of Lubbock, Lubbock County, Texas, generally bounded by 85th
Street on the north, 88th Place on the south, Iola Avenue on the east, and Milwaukee Avenue on the west. A detailed
map of the District and a legal description, as well as the Assessment Roll, is available in the Business Development
Department on the 9th Floor of Citizens Tower.
Public hearings are available to all persons regardless of disability. If you require special assistance, please contact
the City Secretary's Office at 806-775-2025 or write to P.O. Box 2000, Lubbock, Texas, 79457, at least 48 hours in
advance of the public hearing.
Any questions concerning the matters described in this notice should be directed to: Brianna Brown, City of
Lubbock Business Development Department at 806-775-3082.
FILED AND RECORDED
OFFICIAL PUBLIC RECORDS
c:.
Kelly Pinion County Clerk
Lubbock County TEXAS
09/12/2024 11:62 AM
FEE: $137.00
2024036991