HomeMy WebLinkAboutOrdinance - 2017-O0102 - Classifications Methods Valencia Public Improvement Districts - 08/24/2017First Reading
August 10,2017
Item No. 7.9
ORDINANCE NO. 2017-00102
Second Reading
August 24, 2017
Item No. 6.4
AN ORDINANCE REVIEWING CLASSIFICATIONS FOR THE METHODS OF
ASSESSING SPECIAL BENEFITS FOR THE SERVICES AND
IMPROVEMENTS OF PROPERTY IN THE VALENCIA PUBLIC
IMPROVEMENT DISTRICT; APPROVING, ADOPTING AND FILING WITH
THE CITY SECRETARY THE ASSESSMENT ROLL; LEVYING 2017
ASSESSMENTS FOR THE COST OF CERTAIN SERVICES AND
IMPROVEMENTS TO BE PROVIDED IN THE DISTRICT DURING FY 2017-18;
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.2011-R0310,
attached here 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-R0342,
approving the Service and Assessment Plan (the "Plan"), which will be reviewed and
revised each year when necessary. Exhibit B, attached hereto, contains the 2017 update to
the Plan for the District, which includes a map of the District and the 2017 proposed
Assessment Roll (the "Roll"); 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
propo sed 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 10, 201 7, 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 2017 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 2017 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
\'alcncia PID Assessment Ordinance 2017 (F\ 2017-18) Page 1
h
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 approve, adopt, and file with the City Secretary the Roll; 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 $0.11 per $100.00 of net taxable value
through year 2021, 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 ORDAINED 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
prope1iy 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 2017 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 10, 2017
at 5:30 p.m. in the City Council Chamber, 1625 131h Street, Lubbock, Texas was
published in the official newspaper of the City of Lubbock, Texas before the 10111 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 infonnation required by the Act. The notice
Valencia PID Assessment Ordinance 2017 (F\ 2017-18) P:tge2
was mailed before the 1 01h 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.
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 2017 city net taxable value in the manner described in
the assessment, attached hereto as "Exhibit B" sho\vn 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, 2018
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
Valencia PID Assessment Ordinance 2017 (FY 2017-18) Pagc3
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 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 ofthe 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 10, 2017
Passed by the City Council on second reading on August 24, 2017
DANIEL M. POPE, MAVibR
Valencia PID Assessment Ordinance 2017 (F\' 2017-18) Pagc4
ATTEST:
APPROVED AS TO CONTENT:
APPROVED AS TO FORM:
Ord. Valencia PJD Assessmcnl Ordmnnce 20 17
July 27, 20! 7
Valencia PID Assessment Ordinllnce 201 7 (FV 2017-18) Page 5
Exhibit B
~~ Ci f Luboock
lUIS
VALENCIA PUBLIC IMPROVEMENT DISTRICT
CITY OF LUBBOCK, TEXAS
SERVICE AND ASSESSMENT PLAN
June 19, 2017
Section I
Section II
Section III
Section IV
Section V
Section VI
Exhibit A
Exhibit B
Exhibit C
City of Lubbock, Texas
Finance Department
Valencia Public Improvement District
Service and Assessment Plan
June 19, 2017
TABLE OF CONTENTS
Plan Description and Defined Terms
Property included in the PID
Improvement Project
Sources and Uses ofFunds
Assessment Plan
Tenns of the Assessments
ThePID Map
Maintenance and Services
Assessment Roll
List of Exhibits
A. Introduction
City of Lubbock, Texas
Finance Department
Valencia Public Improvement District
Service and Assessment Plan
June 19,2017
Section I
Plan Description and Defined Terms
Chapter 3 72 of the Texas Local Government Code, Improvement Districts in Municipalities and
Counties" (as amended, the "PID Act"), governs the creation of public improvement districts
within the State of Texas. The City of Lubbock created the Valencia Public Improvement District
(the "PID") to maintain the public improvements associated with the Valencia planned
development and for the benefit of certain property in the PID, all of which is located within the
City. (Capitalized terms used herein shall have the meanings ascribed to them in Section I.B of
this Service and Assessment Plan.)
This Service and Assessment Plan has been prepared pursuant to Sections 372.013, 372.014,
372.015 and 372.016 of the PID Act. According to Section 3 72.013 of the PID Act, a service plan
"must cover a period of at least five years and must also define the annual indebtedness and the
projected costs for improvements. The plan shall be reviewed and updated annually for the
purpose of determining the annual budget for improvements." The service plan is included in
Section IV ofthis Service and Assessment Plan.
Section 372.014 of the PID Act states that "an assessment plan must be included in the annual
service plan." The assessment plan is described in Section V of this Service and Assessment Plan.
Section 3 72.015 of the PID Act states that "the governing body of the municipality or county shall
apportion the cost of an improvement to be assessed against property in an improvement district."
The method of assessing the Costs of the improvements to the property in the PID is included in
Sections V and VI of this Service and Assessment Plan.
Section 372.016 ofthe PID Act states that "after the total cost of an improvement is determined,
the governing body of the municipality or county shall prepare a proposed assessment roll. The
roll must state the assessment against each parcel of land in the district, as determined by the
method of assessment chosen by the municipality or county under this subchapter." The
Assessment Roll for the PID is included as Exhibit C of this Service and Assessment Plan. The
Assessments as shown on the Assessment Roll are based on the method of assessment described
in Section V ofthis Service and Assessment Plan.
The City Council shall make all determinations necessary herein.
The City Council intends for the obligations, covenants and burdens on the owner of the Assessed
Property, including without limitation such owner's obligations related to the payment of the
Assessments, to constitute a covenant running with the land. The Assessments levied hereby shall
be binding upon the owners of Assessed Property, and their respective transferees, legal
representatives, heirs, devisees, successors and assigns. The Assessments shall have lien priority
as specified in the PID Act.
2
City of Lubbock, Texas
Finance Department
Valencia Public Improvement District
Service and Assessment Plan
June 19, 2017
This Service and Assessment Plan provides for maintenance of improvements benefiting the entire
area of the Valencia PID
B. Definitions
The terms used herein shall have the following meanings.
"Annual Service Plan Amendment" has the meaning set forth in the first paragraph of Section IV
of this Service and Assessment Plan.
"Assessed Property" means, for any year, parcels within the PID.
"Assessment" means, with respect to each Parcel, the assessment imposed against such Parcel
pursuant to the Assessment Ordinance and the provisions therein, as shown on the Assessment
Roll, subject to reallocation among Parcels and reduction according to the provisions herein and
the PID Act.
"Assessment Ordinance" means the Assessment Ordinance approved by the City Council
approving and adopting this Service and Assessment Plan.
"Assessment Roll" means the document included in this Service and Assessment Plan as Exhibit
C, as updated, modified, or amended annually in accordance with the procedures set forth herein
and in the PID Act.
"City" means City of Lubbock, Texas.
"City Council" means the duly elected governing body of the City.
"Costs" mean the actual or budgeted costs, as applicable, of all or any portion of the maintenance
of the public improvements, operation, and other supplemental services, as described in Exhibit B
of this Service and Assessment Plan.
"Developer" means Betenbough Homes, Inc.
"Improvement Project" means the maintenance of the public improvements that will provide a
special benefit to the property in the PID and described in Exhibit B of this Service and Assessment
Plan and Section 3 72.003 ofthe PID Act.
"Parcel" means a parcel identifed by either a tax map identification number assigned by the
Lubbock County Appraisal District for real property tax purposes or by lot and block number in a
final subdivision plat recorded in the real property records of Lubbock County, Texas or identified
by any other reasonable means determined by the City Council.
3
City of Lubbock, Texas
Finance Department
Valencia Public Improvement District
Service and Assessment Plan
June 19, 2017
"PID" has the meaning set forth in the second paragraph of Section LA of this Service and
Assessment Plan.
"PID Act" means Texas Local Government Code Chapter 372, Improvement Districts m
Municipalities and Counties, Subchapter A, Public Improvement Districts, as amended.
"PID Map" means the map included as Exhibit A to the Service and Assessment Plan identifying
the property included in the PID.
"Service and Assessment Plan" means this Service and Assessment Plan prepared for the PID
pursuant to Section 372.013, 372,014, 372.015, and 372.016 ofthe PID Act.
Section II
Property Included in the PID
The PID is located in the City of Lubbock, Texas. A map of the property included in the PID is
shown on Exhibit A to this Service and Assessment Plan.
The 39.9 acre development is expected to consist of approximately 80 residential units, parks and
associated rights ofway, landscaping, and infrastructure.
An explanation of the method of assessing property is included in Section V.
Section III
Description of the Improvement Project
The general nature of the proposed public improvements is: (i) maintenance of Parks and green
spaces 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 green spaces; 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.
The public improvements will be constructed by the Developer with no reimbursement from the
PID. After analyzing the maintenance, operation, and other supplemental services related to the
Public Improvements, the City has determined that the maintenance of the public improvements
authorized by the PID Act, shown in Exhibit B, should be performed by the City and has further
determined that these maintenance activities will be of special benefit to all the Assessed Property
within the PID.
4
City of Lubbock, Texas
Finance Department
Valencia Public Improvement District
Service and Assessment Plan
June 19,2017
A. Maintenance of Public Improvements
The total estimated cost of services provided by the District is approximately $25,630 over the
next five years. The estimated annual cost rises from $4,925 in FY 2017-18 to $5,331 in FY 2021-
22. The District shall not incur bonded indebtedness. The costs are based on a proposed assessment
rate of $0.11 per $100.00 of valuation through year 2021. The budget for the maintenance,
operation, and other supplemental services will be determined annually by the City and will be
included in a Service Plan Amendment along with amendments to the Assessment Roll reflecting
assessments (the "Maintenance Assessment") based on such budget for maintenance, operation
and necessary supplemental services.
Section IV
Sources and Uses of Funds
Section 372.013 ofthe PID Act requires this Service and Assessment Plan to "cover a period of at
least five years and must also define the annual indebtedness and the projected costs for
improvements. The plan shall be reviewed and updated annually for the purpose of determining
the annual budget for maintenance." Such annual update to this Service and Assessment Plan is
herein referred to as the "Annual Service Plan Amendment." The Valencia PID will have no
indebtedness and the PID assessments will fund the maintenance of the public improvements,
operation, and other supplemental services. The table below shows estimated sources and uses of
funds including the projected cost of maintaining the public improvements.
Calendar \'edr• 201fi 2017 2018 2019 2020 2021 Totals
Propeny Volues• S 12,610,947 19,533,361 19,924.028 20,322,509 10,728,g59 21.143,538 $ 21.143,538
Discounted Property Values@ 90% 12,610.947 17,580,025 17,93 I ,625 18.290,258 18,656.063 19,029,184 19,029,184
Fiscal Yo nr Rno nu os
lnt ere.s;t Earning~
A ;;essonen t @ $0 . I I
Total
E'tpC'RSC'
87th Slreet Park "Tract A" 1.13 Acres
Maintenance of Park
87th Slreet Median "Trnct B" .07 Acn:s
Maintenance of Median
Electric Costs
/l.dministrat ive Costs
Annual Operation Cost
( LCAD Collection Cosr and Co>~ of
set t in g asse-ssments cac h year)
Total
2016-17 2017-18 201S-19
71 130 202
12,693 19,338 19.725
s 12,764 19,4~8 19,927
725 725 740
4,000 4,200 4,284
$ 4,725 4,925 5,024
s 25,930 4l>,47J 55,376
20 I 9-20 2020-l I 2021-22 Totals
277 153 431 U47
20,119 20,522 20,932 134,3 16
20,396 20,875 21,3U $ 135,8~3
754 769 785 4,832
4.370 4.457 4,546 32.562
5,124 5,226 5,331 s 37,394
70,649 86,297 IU2,330 S 102,330
The sources and uses of funds table is subject to revision each year.
5
City of Lubbock, Texas
Finance Department
Valencia Public Improvement District
Service and Assessment Plan
June 19, 2017
Section V
Assessment Plan
The PID was created and the assessment is being levied pursuant to Section 372.015 of the PID
Act, "Detennination of Assessment."
A. Allocation of assessment
• Properties will be assessed based on the City's 2017 "net taxable value" as established by
the Lubbock Central Appraisal District and submitted to the City under Tax Code Section
26.04.
• Assessment will be $0.11 per $100 valuation
• All property will be assessed based on the final 2017 "net taxable value".
Section VI
Terms of the Assessments
The annual assessment for each parcel within the PID shall be shown on the assessment roll. The
amount of the assessment could change each year when the Service and Assessment Plan are
adopted due to increased value on a parcel or the estimated cost of maintaining the public
improvements, repair or replacement costs, and operational or administrative costs.
6
II EXIDBITA ( J Resolution Ro. .l-R0310
I July 14, 2011
Item Ko. 6.4
RESOLUTION
WHEREAS, a petition has been received from the record owners of taxable real
property representing more than SO percent of the appraised value (as dctennined by tba
I
most recent certified eppzaisal roll of the Lubbock Central Appraisal District) of an area
within the City of Lubbock generally bounded by generally boWJded by asm Street on the
north. as• Place on the south, Jo)a Avenue on the e&5t. and Milwaukee Avenue DD the
west., AND owners or not less than fifty percent {SO%) of the area of all taxable real
property that is liable for essessment under the proposal; requesting estabUshmeat of a
Valencia Public Improvement District und~r Chapter 372 of the Texas Local Govemment
Code for lbe purpc.ase of maintalnins Parks 8Dd greens together with any ancillary
structwu, features or amenities such as playgrounds. athletic &cilides. pavilions,
I community facilities, irrigation. walkways, liahtiu& benches, trash receptacles and any
similar imns located thetein along with all necessary grading, drainage, and similar
inftastructure involved in the maintenance or such parks and weens; landscaping,
hanlscape and irriplioo; lncludins costs of establisbioa, administering and operating lhe
District: end c:
WHEREAS, tha petition. a copy ofwhlcb has been attached as Exhibit "1," was
examined, verified, found to meet lbe requilements of Section 372.005(b) of the Texas
Local Oovemment Cod~ and accepted by the City Council or the City of Lubbock, Texas
(the "Cityj; and
I WHEREAS. the boundaries of the prDfJOsed Valencia Publle Improvement
District within the citY JlmJts of the City of Lubbock are described in the anachment
1 designated as Exhibit "'2" and shown on the map attached hereto as Exhibit "3"; and
II
II
WHEREAS, the City has called a public hearing to hear public comments on the
advisability of the proposed publjc improvement district and its benefits to the City and to
the property within the boundaries of the proposed public improvement district; and
WHEREAS. noUce of !Uch public hearing was published in the t.Ybbock
AvalanPJe-Joumal. a daily paper of general circulation in the City, such publitation date
being before the 1 silt day before 1he date or the public hearing stating the time and place
I
I of 1he hearina. the general nature of the services, the estimated cost of the services, the
proposed boundaries of the proposed Valeocia Public Improvement District, the method
of assessment, and the apportionment of alst between the improvement distric:r and the ~~ city as a whole; and
WHEREAS, written notice containing the infonnarion in the published notice
was mailed before the 15111 day before lhc date of the hearing to the cumat addresses of
the owners, as reflected on the tax rolls, of property subject to assessment under the
proposed public improvement district; and
0 EXHIBIT A 0
WHEREAS. suc:h bcarina was convened at the time and place mentioned in the
published notice, on the 14.,. day of July, 2011, at 9:30 o'clock a.m., in the Council
Chambers of the Cily of Lubbock, Texas; 811d
WHEREAS, the City, at such hearing, invited any interest person, or hislher
n:preseotative, to appear and speak for or against the authorization of the Valencia Public
Improvement Dlstri~ tbe boundaries of the proposed public improvement ctisbiot,
whether all or a part of the tmitory which is described in Exhibit "2" attached hereto and
depicted on the map at'W!hed bereto as Exhibit "3" .should be included in such proposed
Valencia Public Improvement District, the advisablllty or the proposed improvemeots,
the uture of the improve111eats, 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 tocased with the proposed Valencia Public
Improvement District aDd all other taxing units and other interested penons 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 docwnentary. in favor of all of the fore&oi.ng mBlters reJDtiag to
tbc ~ation of the VaJmcia Public Improvement District, and opponents or the Valencia
Public Improvement District were given lhe opportunity to appear to contelit
authorization of the district, after which the hearing was closed; NOW THEREfORE:
BE IT RESOLV£D BY THE CI1Y COUNCIL OJi' THE CrrY OF LUBBOCK,
TEXAS:
SECfiON 1: That the facts 110d recitatJons contained in the preamble of this
ordinance are hereby found and declared to be true and com:cL
SECI'ION 2: That the City COUJJcil, after conducting rueb hearing and haviag
beard such ericknce and testimony, hBS made the following findlngs and
dr:termlnsuons based on the evidence and testimony presented to it:
(a) That the pubUc bearing on the Jdvisability of authorizing the V Blencia
Public Improvement District bas beeo properly called, held and
conducted and that notice or such hearing has been published and
mailed as required by Jaw and delivered to the cUJTent ad~ of the
owners of property subject to assessment under the proposed public
improvement district.
(b) That authorization or the proposed Valencia Public lmprovemeat
District with boundaries as described in Exhibits u2" and n3n for the
puzpose Df maintaining Ps.rb and greens together with any anciiiBJ}'
structures. rcatmes or amenities such as playgrounds. athletic
racilities, pavilions, community facilities, irrigation. walkways,
lighting. benches, tmsh receptacles and any similar items locared
Vlllencia PID Es18blishmcnl 2
·I
I
·r
0 EXHIBIT A 0
therein aloog with all necessary grading, drainage, and similar
infrastructure involved in the maintenance of such parks and greens;
landscaping, hardscape and inigation; including costs of cstablishina.
administering rmd operatins the District i! advisable and will result Ln
benefits to the City, its residents ed propeny owners in the Valenci~
Public Improvement Distric:L
(c) That the total estimated cost of services and lmprovemcols proposed
to be provided by the District is approximately $56,829 over ·tho next
five (S) years. and that the estimated armual c:ost rises from $4,500 in
year two to $19,149 in year five (S). Services antic:ip~d are
maintenance of 871h Street padt and median, electric costs for lights.
IUld operational and administrative cosu.
(d) That the costs arc based on a proposed assessment rate of SO.ll per
JlOO.OO ofvaluationthrough year2019.
(e) That as to apportionment of cost between the proposed District and
the City, aU costs for proposed lmprovement! will be paid by the
District thmugh assessmenl!.
SECTION 3: That the City hereby authoriz=s Wider SectioD.!S 372.006, 372.010,
and 372.041 of the Ad. a public improvement district over the uea described in
Exhibit 2 attached hereto and depleted iD the map attached hereto as Exhibit 3 and
such public improvement district shall hereaftet be identified flS the Valencia
Public Improvement District, City of Lubbock, Texu.
SECflON 4: That the City Councfi shall be the soveming 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 far the Valencia Public
Improvement DiS1rict shall be pUblished in a newspaper of general &:;rcuJation in
the city.
SECTION 6: That if any section, paragraph, clause or provision of tbJs
Resolution shall for any reason be held to be inYB.Iid or unenforceable, the
invalidity or unenfarceability of suc:h section paragl'Bpb. clause or provision sbaJI
not affect any of the remaining provisions of this Rt:SDiution.
J
ii li
!j Valencia PID Establishment
J·
3
EXHIBIT A
Passed by the City COWlcil on~ ___ ___,J;..;;u~ly~1..:..4 -------' 2011~
ATTEST:
£--P....c.. . ~ CCI Oana. City Secret81'Y
APPROVED AS TO CONTENT:
~-
Chief Financial Officer
APPROVED AS TO FORM:
,~ ....... ·,~~
Linda L. Chamales.
Economic Development Attorney
ISfcllJ'Iftll.lmliN*"dll m Es&abHsllnlall
Mly ll,lDII
Valencia PID Establishment
TOM MARTIN, MAYOR
4
CITV OF LUBBOCK I
COUNTY OF LUBBOCK I
STATE OP TEXAS I
EXHIBIT A
ExJu"bit "( n
I aesolutioo No, 1011-10310
CERnnCATE OF PVBLIC RECORD
f hereby cr:rtifY, in 1hl performance of the .fuactiaas of my office. dull one
slgnalllre on lbe anacbed document bas been vcri6ed and lbat the same constitulcs record
owners or taxable real property represenlin& more thaa fifty percent {SO%) of dJc
appraised valoa of the property (as determined by the cunent roll of the Appraisal
District, January 1, 201l) in the area known as Valeac:ia, as shown on lhaa al'lached map,
AND owncn of more than fifty percenl (SO%) of the uea of all taxable raJ property that
Is liable for auessmmt under the proposal e nqulnd by Section 372.00S(b) of the Texas
LoeaJ Govmunent Code: lhe one petitioner owns 100% of land; said documeols appear
of record in my oftice and that said documents are ao officlaJ n:canl from lhe public
office of the City Secretary ofthc City ofLubbock, Lubbock CoWlty, State of Texas, and
is kept in said office.
I fUrther certifY lbat I am lhe City Semtuy of tbe City of Lubbock, lhat I have
legal custody or said record. ad lhaa J am a lawftll possessor and kvcpcr and have lepl
custody aflhe records In said off"tce.
In witness whereof I have hereunto sel my hand and affixed lhe official seal of
said office &his 16lh day of May, 2011.
(Ciry Seal) ~a:m< .. 1s
Ciry Secrelm)'
City of Lubbock
Lubbock Comny, Stole o(TeXIL!I
EXHIBIT A
Exhibit "I'"
May5,20ll
To: Becky Gatza. City Secretary
Cbecyl Brock, Seo.ior F"maacial Analyst
Rob Allison., Assistant City Manager
From: Sally Still Abbe, GIS MBDII&er
Re: Valcada Petition
lt=cady, the City Of Lubbock received a peddon dated April I, 201 I fiom Drew Wegnaan.,
Vicc-Presidmt oC Real Property Rt:sources, Joe., rcquestiDIJ tbat lhe Cily of Lubbock cscablish a
Public Improvement District (PID) for lhe proposed Valcocia development sbowu an the
aaubed map. PID establtsbmc:nt can only be Initiated by a petilioa of property owners who
meet two tests ouUined in 1M slate statute. Tb=e is only one owner of land wilhia the PID
boundlly, Slid lbe vice-presi.dcmt oflhls company siped tbc petition.
The fust test is tll8l the pctitioo is suflk:ient if signed by the OWDCI3 of taxable real propeny
rcpreJCDtinS more than .50% of the appraised value of the t.uable real property liable fur
assessmeut by lhc current run of the appraisal district (January I, 20 11 ). Since the petitioam
own 100% of the property wilhin die boundary, die petitioa easily passes lbe value lest.
The secoad testis thai. the pelidon mU!I be siped by the record OWDerw of property that coamtute more tbaD 50% oftbe number ofm:ard owam or the record owm:n of more lhan
50% oflhe area within the Pm. There b only oae owner in the PID, who signal the pctitioo.
RaJ Property Resources, IDe. OWDS 100% or tbe land. so lhe petition p85SCS both tests even
lbougb it is required to pass only one.
The notarized sipature on 1M Valencia petition was validated by a visual review,
EXHIBIT A
Exhibit "I "
PEllliON FOR 11m CREAnON Of A PUBUC IMPROVEMENT DJSTRICI' TO fiNANCE
IMPROVEMENTS TO V AI.ENCIA
THE STATE OF TEXAS §
t
CTI'Y OF LUBBOCK t
TO: THE HONORABLE MAYOR AND CITY COUNCO.. OF 1HE CnY OF LUBBOCK:
The Ulldmiped petilioaen (lbe "'Petidaaas''). ldlua pursuaar ra lbe pmvisious of
Qapter 312, ToPS Local Ooveraml:at Code. as IIIJICIIdcd (the .. Act'). nqaest tbat 1M City of
Lubbact crcaae a public impr'Dvemcat dislric:l (de "Distrid'11n the rerritory desca1Jed lD
EU!blt A IUBChed Jr.mero (lbe MJ...ud") wllhiD lbe Oty of Lubbock. Tcus (the "'City"). aad Ia
suppa1t of Ibis petili.OGibe Pedtiooers would lftRIIllbe foUowtaa:
Sfdign I. SYn<"PI of pptigpen... ID compllucc wkb lhD requircmats of Texas
Lac:aJ Govmmnea! Code. SeclioD l72.005(b). u dewmiDed by the cuaat ran at the Labbock
Ceatl'll Appraiul .Disttict. tbe Pditiaaers coasdru&c:: (l) tbe owam of tauble real propeny
represeadDa~~~~~m lima SOIJr af the appraised wl110 of real prapaty liable for asSIOS!mWJ1 IIDdec
the proposal described bereia, aDd (B) lbD record ownen of tuable a! property tbat.c:oa.sdblra
lll.DJe lbiiD SO'II of lhD area of a1J I&Uble real property lhal is liable Cor asessmeal UDder such
proposaL
kSfpg 2. Qcgml gnhp oC the prpmr4 malntwpce of the publls imD1'!2'1tmSJD.
The paeral Dlllllre oCtile proposed public impluvaDIIIltll J&: (1) m•inlerJ8Dee of Puts aad peeas
taplbcr with ay m:iJllry SIIUCIIIJ'el, fea~U~e~ o: amemties sucb u playpouads. albJedc
faciDdes. pavWou. COIIIIIIDIIity facllfdos. lmptiDD. waltwa)'l. UPdng. fcaca. bencbes. trasb
r=cptacles a.ad my slmilll' itanaloc:aled tllerelllllans with aU acceuary padlag. dnluae. BDd
similar l..afrastmdure iawlved ill 1M maiuiCGAD.ce of sacb paab and &l'fiCDS: laodsalpiDs.
hardsclpa and iniptlaai Slid (11) cosiS of establishing. admiaJstcriDI ud opaatina ttm District.
1'b& 1mprovemals usoclaled with die PubUc: lmpmvemeat D1strJct am I bcac.6t 10 die dfeclcd
propaty aod 10 llle City ofLubbcx:t bec:a•se lbey ¥imall7 eahaDce lhD amaas well as pnwide a
COIIUDOil m:a far resldeou 10 eajoJ lDm:aslaa lbe overall quality of lile In lbe lffecled asu.
Sccliop 3. Estimaled COM of the malnJ!n.M&:O of tbe prqpgsd wrw improvements:
Am:lual maiDt.caaDce costs -S 18,000.
Sestlgg 4, Bmmdprjrs. Tbe proposed bowldlries of lbe District an: clea:ribed ia
ExhlblrA.
Sedioa5. Melhpd of eccrccnumt. An IWeSSment methodology has beea iftPared
lhu wW addn:ss (i) bow the cases of rbc public improvements paid fix wilb lbe messmems an:
asrcssecl apla.n £be property In the Dlstric:t, (ii) tbe usessm~:alS to be collected eac:h year, ud
(iiJ) reducdoa of tk USC:S!IIDI:alS l'ar cmts savinp (pw'suaot ta lbe 8IIJII1II review of the servl~
plan ror lhe District). Additionally, a repon will be pnpued showiag tbe special benefits
acc:miDg to property in the Dlslric:t and bow tbe costs of lbe public imptvvemeaiS m wened ro
EXHIBIT A
Exhibit "l"
property oa 1he basis of lhe special benefiiS. The .auh will be that equal shares of lh& cos1S will
be imp)sed oa property similarly benefilld.
Ia assessins lhe maia~enuce of the public improvements. property wiU be c:lwtfied
based oa tbe net IDablc value of tbe property.
The ISSeSimnl methodology wW resull in each putd paylna its £air share of lbe c:os&s of
maint•iaiaglhe pub6c improvements based DD dJe spec1al beufits receiYed. by lhe property f'ram
tbe p~blk lmpraftmaus and property equally slmawl paylaa equal sbala of tbe casts of lbe
public improvements.
Tbc anaual badaet is subject to mview by Oty of Lubbock sraff aad final approval by tbe
City Coaadl Tbe IIIDIJal IISSC:SS1Jiellts may be adju5laf as a teSUll of lbc City of Lubbock scalf
miew aad acy Couad1 approval.
Sectioa 6. Apportionment of Cost between lbe City and lhe Dlsqid. Tbe City will
aot be abllpled Ia pRJYicfe uy fuDds ro finance dl£ proposed pobBc improvemcatl or malnbjn
tH publlc improvemeniS. All or lhe COlts of tbe pmposed pubUc impmvemeniS will be paid by
assessmeDU oflhe pauperty wilhiD tbe Disbict 8Dd rroaa olhcr scnu=s of foads, 1f my, available
to tbe developer of lhe Laad.
§rttjon 7. Marmgemgu of the Dm£. The City wW maaage tbe Disllicl. or, 1a lbe
extent allowed bylaw, lbc Cty may coOII'Bct witb eitber a .DOD-p'Ofit. or a far·profit orpniz•doa
to carry out aU or a pan of the respoDSihilidcs of IDJ!aagiqlbc District. iucludiu1 the day-to..&y
IDIDIJ"''DaaiiDd admioistndaa of !he District.
Sectiqg 8. Mxtav bggd. Aa advisory bo&nl may be establlsbed co develop IDd
recommead aa J.mpmwmaat pJaa lO the City Couaeil of tbe Cil)' (the "'City Counclr').
The slpers of Ibis pclitlon request tbe C$tablisluDeat of &be Dis tria aad this pedlioa will
be filed with the City Secrewy iD support or lhe cnatioa of tbe Dislrict by the City Couaci1 u
~la pmyjded.
[Sipllurc: oa foUDWiag p88C]
-2-
EXHIBIT A
Exhibit " I"
ParriONERS:
Real Property Resources, Inc.
~J~dent of Real Pmpeny Rosour<cs, Joe.
111E STATE OF TEXAS I
I
COUNTY OF WBBOCK I
Oa this, tbc ftl day of April. 2011, belore me, lbe undersiped Nowy Public. penaaally
appeared Drew Wecmaa who acbowledpd that be 1s Vfte.Pnddeat of Ral Property
Resoum:l, lac.. &Dd lb8l ba. Ia such capiCity. being duly awbDdzed so ro do, uecllll:d tba
ConJOID& pallion lbr lbe purposes lheRin coataincd by sipiq bls II8IDa lD sucb capacity.
JN Wli'NESS WHEREOF, I bave hemlalo &et my baud ud of6c:ial aal.
SigruJturt Pag£ for Pditimr
EXHIBIT A
Exhibit "I"
EXHIBIT lt.
1be l..aDcl
ME1ES AND BOUNDS DESCRIPTION:
,\ 39.941 .-\CRE iR.\Cf OF L.\ND SJI'Uo\lED IN TH.\T CEKT.\IN 19IJ.Il2 .\OtE 111..-\CT OF L\.'10 RECORDED IN
V01L'ME tnl, Po\OE 17-4 OF niE. RJ!.\1. PaOPERn' UCOR.DS OF LUBBOCK COL'Nl'Y; INCLUDING LOT .e& OF
SPEC'J11A. l.liB80C£ SCJUniWESI', AN ADDI'l'ION 10 nfS CI1Y OF LUBBOCK. UJBBOO:. COfJHn'. 1'EXA5.
• .taCCOIU>INO 10 11IE N.\P 01. RAT THEREOF IECORDED IN FL\T AND DEDJCAnoN NO. 211ND4Ml5 OP mE
OFFIC1AL PUBUC IECORDS OF WBBOCK COUNTY, AND l.OC}.T'ED rN SECltON 211, BLOCK. AX. LUBBOCIC
CDUN'IY.TEXA5.SAJD BJ•I ACRE TR.\CT BEING FlJilHER DESCRIBED BY NE1E5 AND BOUNDS AS FIJl1.0WS:
BEGINNING AT A 1/t' JmN ROD MrH C.\JI MAIUCED "'SJ'EYENS J.IU .f»V' SET IN 1HE EASt LINE OF LOT .f.\o
SPECBA WIBOCK SOI.IniWEST, ~ AllDmON 10 1HE CnY OP WBBOCJC., WBBOCIC COIDnY, T!XA5.
ACCOIDINO TOniE NAP OR. KAT 'l1iEREOP IU!COID!D IN PLAT AND DEDICATION N0.20060t41J5 OP nm
OfFICW. FUBLIC IECCRDS or UJB80CK CDUN'IY, AND S. 01' .. ,. «15'" W. A DJSJ'.ANCE OF 175.00 fEEl'
FJ\ON 'IHE SDUIH\WSI' C:OINB. OP TRACT A•l, A REIUT or 'IMct A, NOHIEA£Y OfURCH Of CHRJ5T
ADDmON, AN ADDD'ION 10 11m em' OF WBBOCK. WBBOCK COUNTY, 'l'EXAS,AccctmiNG T0 1MB MAP
OR PW'THI!ItEDFIUlCOlDED IN YOWNB 10299, PAGE 2!4 OPTRE OPJIICLU. P1JBUC IIECORilS OF LVBBOCK
COUN1Y, FOR. 11£ N01t1HWST CORN!ll OF nm "l'RAC'f, HAV1NG COORD1NA'IES OF NOklHJNG:
7,25U79.1U 1\ND EAmNG: t11,f26.179, TEXAS COORDINATE S'1S'11!11. 1'XNC ZONB -12112. HAD U (CORS H).
'IJ'RJ!loiCE T1IE NOI\'l1IWE!Sr CORNER. DP SECTION 21 BEARS N. ot• olt' IS' E. A DISTANCE Of 1801.91 FEET, N. 01'
M' 'Jl1" IL A DlSI'ANCB OP 55JIO FEEl' AND N. Bl' OS' ¥1' W. A DISTANCE Of llaA7 PEEr, PE1 c:AIJ.S)
DISTANCES IN !WJ) I'LAT OPTRACJ A·l .\HD IN PR.EYlotJ5 W.uutANJY DEEDS RECORDED IN YOLIJMB m?,
PAGES t7.C A.~ 11BOF 1lm R£AL PRDPIRTY RECORDS OP UJBBOCIC COU!o."''Y;
ntE!MCE S.lr 11'1l' E., P.AIAlLI!L WI1H tHE SOtmf LINE OF SAID TRACT A·l (Pil.EVIOtniiECORD c..u.L:
EASt). AT A DIStAN:E OP 1azD FEET PAD A 1/r JJlON ROD wml CAP MAIUCED "'$$1£'VDDS RPLS 4SW SET~ REPEI!NCE. CON11MIING FOJl A TOI'AL DISTANCE OP 12112.20 PEST 10 A 1/r DlON' aoo wrrH CAP 1tWUCED
"S"J'EVE!N'S RPU wr SET IN 1Im E!A5T LINE OP SAID IM.ID ACRB TRACI' PDR. 1HE NORmEAST CCRNI!Jl OP
1HIS "111AC1\
1HENC£ S. 011 .ff OS" W., M.ONG niE EAST l..lm OF SAID I"..UZ ACU TMcr (PREVIOUS RECORD Cr\11.: S. 00"
Dr 50" E.) AND nDi C!N11!JWN! Of lOLA AVENUI! AS DI!DICA1'1m BY niB PlATS OP REGAL P.UUC.,
,.,CCORDING TO THil MAPS OR P1A1S 'nD!liEOP RECORDED IN VOLIJME a.tm, P4\GE 216 AND VOWME IOIIol,
PACI! SfJ OP 'OlE OFFJCW.. PUBUC RECORDS OF LU11BOCK COUNTY, A DISTANCB OF mJ7 fB£1' 10 A PK
NAIL AND WASHEiliOUND AT nE NOill1IEAST COINER Of nL\T CEKTAlN nv.cT OF UNO CONVEYED
10 LUBBOCK LAND INY2SI7dEN'B I, LP 1li!COIDED IN VOWNE 10469, PAOE 1%4 OF 'J1£ OffiCLU. PUBUC
R£CCRDS OF LUBIIOQ{(X)UN'tY, POR 1HE 50U'l'REASI' CORNER OF ntiS liACf1
THENCE N. IW 10' as• W,. .U.CNO THE NOR1H LINE OF S.UO UIBBOCK L.\NO 1N\'ES'1111&."1S 1. LP 111.\CT, AT A
D'ISTANCE Of ll.lll PE£1' PASS A 1/'r lllON 100 WITH CAP WAJUCED .. H. REED & AS!iOCS" FOUND,
CONTINUING FOR A TOTAL DJSJ'ANCE OF II lUI FEET fPUVIOLL"5lECORD C.W: N. r flf' Ju' W, 111UI
FF.E1) TO A t/'r' IKON ROD WITH C.-\P MARXF.D •K REED.& AS5DCS"' fOUND FOR. A r'.DRNf\11. OF THIS TRAer;
'tHENCE N. 011 .W .u• E, ALONG A PDl110N OF 1HI! NORTH UNE OF SAID I.LIBBOCK L\."D M"'!StllEN'n 1.
LP n.\Ct', A DISTANCE OF 1-16.21 FEET (PilE\10US RECORD C.W.: N. 01• .W 13~ E.. l-'Ul fEEt) 10 A 1/r' IRON
ROD wt1H CAP M.W<F.D "H.IEED 6: AS50CS" FOUND fOR. A COlNER. Of' t1mi T1-\CT;
na!NCE N u• or off• W., ALONG 1Im NOR1H UNE OF 5.\0) WB80CK 1..\ND Jh"VESTMENT5 I. LP l'RACT, A
DIST o\NCE OP IWJII FEET {Pil£VIOUS JlECORD C.Ul..: N u• Ill' u• W. r.-7 16 FEET) 10 A l/7' liON ROD wmt
CAP M•\llKED "'S1"E\"tl6 RPLS .UJr SET IN 1HE £A5T RJCitrT·Of·WAV LINE OF )IH.WAUKEE .\VENlJE. \S
DESCJUII!O 1M DEED RUORDF.D IS VOWME ms, PAGE l-8 OF niE OFFICL\L PUBUC RECORDS Ofl
WBBCJCK COIJI'.oTi, fOR 1HE SOU11f\\'ESI' COL._,ER. OPnns 11..-\CT;
nEESCE N 01' 43' 1-E.. .\LONG 111E EAST IUGKT.QP·WAY U."'''E OF NILWAUKEE .\V&ro~U'E (PREVIOUS
IECOID CAU.. ).:. 01• AS' 51• E), A DlSTANCE OF 2!110) FEET 10 ,-\ Jlr liON ROD FOUND AT THE SOUTIJWEST
CODi"EJl Of' TL\Cf c\ W.\UL\JlT SL'PERCI!.NtEil, AN ADDITION ro nm em OF LUBBOCK. ACCORDINO TO
lHE M.\P OR PL-\T niEJI.EOF RECORDED IN PLAT ,\ND DflliCA110N NO :zl10611:!.fD OF THE OFFICL-\L PUBUC
RECORDS Of' IXBfiOCK COUN'n", FOR11 rE '-lOST Wl":SI'ERLY Nom IWe,T COilN13 OF n 115 TR.\t..T;
A·J
EXHIBIT A
Exhibit "I"
THDICE 5. .. or ~· E.. ALONG THE SOUlK UNE OF S.\JtJ TIUCT A. A DISTANCE OF n1D2 FEET (PRSVIOUS
1lf.CORD c..w; 5. liP 10' Ia" E.. II.UJ fEEl) 10 A 5/1• IROh' lOD W'l"nl CAP r.L'\AAED •DUHAW.\Y .\SSOC.INI:"'
FOUND lt.T THE sauntEAST COR..~EI. OF SAID U.\CT ,\ AP-'D n IE SDUniWESI' CORNER OP IDJ' ~B OF .sArD
SPEC1P.A WBBCXK S01rrli\VEST. fOR.\ C:OINEJL OF TH15 1'1.\CT;
nmNCE N. 01• .ft sa• E.. AJ.ONO nm COMMON IJNE Of S.\JtJ 'TRACT A AND lDJ' .&8, ,\ DIST.\Na. Of llllJIJ
FUr (PRE\10US IIECRD C..u.L: N. 01• -19' WE.. l!Z.71 FEE1) TD A II%" IIOH ROD WITH C.-\P MtWCED
01S"t'E\'ENS RJU ·mr SI!T AT TME WEST COW.\ION COINER OF S.UD lDT5 ~~~ AHO .CB FOR A CORNER OFnns TRAer,.
nEN1:! S. .. 1rl 10• E.. ALONG nm COt.IMON LINE. Of SAID lDT5 .&.:\ AND 41, A DEST A.'«E OP .JIIJ2 FEr
(rltEVIOUS UCOID CALl.: S. W 10' ID" E..lAA7 FEEl) 10 A 1/r' liON ROD \VInf CAP ~ "51'EVENS
IUU OW SET .a.TtHE EAST COMMON CORNER Of SAID LOIS~ .\ND .a1 fOR A CORNER OF THJ511lAC1":
tHENCE N. D1' 4'1 as• &. ALONO THB EAST LINE OF !AID lDJ' 4A (PREV10US I!CORD CAU:
1-1• E.). A DtsTANCE OF %71.71 FEETlO 1RE POINT OP B!Gih'NINC.
A-l
N m•w
April B, 2011
ChaylBrack
Clly of Lubbock, TX
J62S 13111 Sbeet
Lubbock, 1X 79457
EXHmiTA
Exhibit •ttt
BETENBOUGH -HOHIS-
Rr. Valencia. Public fmpruvmneut Dimict
Dear Hanodble Mayor and City Couaclt
Vlleada u a msldeadal dnelopmcnt within the city UmJts of tho Cl!y of Lubbock boUDd
oa. the west by MilWIIDbc Avmue. the eut by lola Avamc:, the IIOitb by Mo.uta"ey
Chun:h of Cbdsl, aad die scn1th by The Tnill It ltepl Pmk. We are propasiag to crca11:
a PubUc: lmpnJvaumt Dblrict "PID" to maintaiD the pub6c iaJpromDents for Valencia
ID older to comply with die 11Public: Im.provemenr District Palicies BDd Guidelines", we
are pmvidina blf'or:matioa as requiJal in Section m. ''OuldeUes", b. "'PedlioD
Requin:meals". We ~~~a pmvid..lus lDfbrmadon reprding iram S-16. as foUaw:
5. If lbe lhae is suflicleat support to peddoo to dissolve lbe Pub6c lmpmvcmeat Distdct
certaiD requiJemats ia addldoo to suflideat support must be met in onla' &o diSIOlve tbe
PID. 'Ibose .requlremeaJ.S IDclude armasemew co transfer owaersblp aDd aaailueaanr.c of
tbe City owed ud P1D mninl•ined pmpaty. These llrJIIDIIIDaJII are robe made by lhe
Advisory Board lllld with funds awllablt to the Advlaory Board.
6. Map of the ua is attached ro lhil email ta be added to lbe petition.
1. ID reprda to lbe prc~cedure fix the DllllliDa!ion of rhe PID AdYisory Board. the procea
&haJl be c:oasistnt with the bylaws for Public: lmpmvement Districts for the City or
Lubbock.
8. Addressed iD Sectioa 2 oftbe petitiDD..
9. City awned land ia tbe distilu:t wiU be •rract A ~ Tmct 8, Valencia. an additioa &o
abc CiryofLubbock".
10. General dcscriptioa ofpmpa!led imJRVVemenb in Scc:tioa 2 oflhe petition.
II. 1be estimated lotal cost of tbe improvemeuu is $200,000.00 IIINI wiU be paid by
dewloper with ao desire fOr aay nianbursematt. lbe estimalcd cast of the .maiatemmce
is Sli,OOO per year and is 1o be paid for by the Pm as sooa u die funds are available.
12. Budset is attacbed iD the semc:e plaa.
EXHIBIT A
Exhibit II I "
BElEN BOUGH -HOH&S-
13. Metbad or aaasmcmt will be base OD.tha aet blxable value or the affected properties
and will be IS!C"sed It S.ll per SJOO.OO valualioa.
14. Documeulltioa ofliabi.lity iDsmuce wiU be artKbed to Ibis letter ,.
15. Addressed in Section6 ortbe patidoa
16. Addressed in Secdou S of lbe pelitioa
Hopeftllly Ibis will provide all ortbe bUoanatioJl requated ta coadaue with lbe creaJion
arlbe Pm. Please Jilt ma know ifyoa have my quc:stiaas ar requ1n my additional
iDf'otmadoa.
~~
CommuDity Development
Bei!Dboup Homes
0 ~ ;: .... .... 0 N ..
0 :20
EXHIBIT A
~·-· .... .,. -·--.... .,--.:. ...... .--.. ........
I
11 1 I; I I ,
I •
,,
I I
I
I
EXHIBIT A
... eaolution No. Z011-R0310
Exhibit "I"
I I
I '
I f I
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EXHIBIT A
Reaolutioo No. 2011-10310
!!xblbit .. l.,.
The Land
METES AND BOUNDS DESCRJPTION:
,\ l9.9~1 ACRE l'RI\CT OF 1...\NO SITUAlT:D IN 111.\1' CllRT,\tN 1,.,.8ll,\C~ TRACl' 01' LAND RECORDI:.O lN
\'OWME G9l7, P,\GE IH 01: lliE RI!.\L PROPERTY Rr:CORDS OF LUBBOCK COUN'rf, INO.UDINC I.OT -4B OF
SPF .. Cl'Rh LUBBOCK SOU111WEST, l\N ,\DOmaN TO Til~ c:J'IY OF LUBIKJCK. l-UBBOCK. COUNlY, 11~'lo\.\
,\CCORDINO TO 1 Ill:: t.L\P OR fli.,\T 11 lr:.J\EOfo RECORDUJ IN fliJ\T ,\NO DF.DICi\TION NO. l!JOG0.4..I.Il5 011 n IE
OAliCAL PUBUC RJ~ORDS OP t.UBBOOC COUl'llY, .\ND LQC".,.\TliD IN Sli.C110N 28, BI.CJCJC AK, WBBOCK
OOUNlY, TllXJ\5,. St\10 l9.9•1 ,\CRE 11t.\CT BEINCi RJR1'1U!Jl DI~IBI!D 8\• METI:S l\ND ESOUNDS t\5 FOJJ.OWS:
BEGINNING AT 1\ 1/l" I !tON ROD wtlll C\P M,\R.l:.ED "SJ'tr\'UNS RPLS Ul'J" 54 TIN 11 II! 1!.\ST LINE OF LOT ~,\,
SPECTRI\ WBBOCK SOU111WEST, AN AODmON TO 111~ cnY OF I.UBBOCK, LUBBOCK I:OUNlY, 1'10Ci\S.
,\CCORDING TO 1111! M,\P OR MJ\Tni~OF R£CORDED IN PU.T o\ND DEDIC..\TION NO. 20CJGD.W.tl5 OJT'niE oma,\L fiUBLIC RECORDS OF I.UBSOCK. COUNIY,,\ND S. 01• 4!1' os• W.,\ DlST,\NCE or: l75.0D 1:~'T
I~OM 1111! SOU111W31' CORNER OF 11l.\CT A·1, A REPL\T OF 'lliACT A. MON'T'EREY CIIURCfl OF CIIRJST
,\ODmON, AN ADDmON TO Till! r.rrY OF WBBOCK. LUBBOCK COUNlY, 'T'E.XAS, ,\CCORDING TO n U:: MAfl
OR PL\T11lli.REDP R.&ORDltD IN \'OLUME 10199, P.\Gt l.H OflTIJE CHlf1IOAL PU6LIC R.l!COROS 01' LUBBOr.K
C:OUNTV, t:oa. 111£ NOll111\VEST' (ORNI!R. OF TIUS 1'1t.\CT, IIAVINCi COORDINATES OF NOR.1lllNO:
7,l5l,07!1.S..:Z J\ND l!hS'I'ING: 910,426.179, rF.XAS COORD IN \TE SYSTEM, TXNC ?.ONE 4l0l, NAO 83 (CORS !Hi),
WIIUNCE n IE NO!m Jwtsr CORNI!R or-Sl!crJON .111 BEARS N. en• 4'1 05" E. A DISTANCI! 011 10111.91 FIUIT, N. 01•
~· :zo• E. o\ DIS1'ANCE 01~ 5S.OO FEET AND N. 81" OS' 4ft' W. A DISTANCE OF mo .. n FEET, PI!R CI\LUD
DlSTANCI!S IN MID PU\1'0P"TR.\CT A· I AND IN PREVIOUS WARR.!\N'IY DEEDS RECOROI!D IN VOLUMI! 6937,
I'ACiES 17-4 ,\ND 178 OF Till! IU!.\L PR.OI'f!R'IY llECORDS OF WBBOCK COUN'IY:
nrr:.N~ S. 81• lt' ltl• F.., PARAIJ.I!L Ml11111t sotrnt JJNE or-SAID l'RACT h·l (PR.£\'IOUS RECORD CI\U.: r:ASI), AT,\ DISJ'ANCI! or-ll50.JDJo'Jl.ET p,\SS A 1/'r IRON ROD Win I C.\P Mr\RKI:D "STUVENS RPLS 4339" SET IN
RHFHRJ:NCE, CON11NUING FOR A TO'I'AL DISTANCE OF lm.lD R'.J:.'T ro A 1/'Z' IRON ROD Wl111 C\1' MARKED
"S'I'EVI!NS JUII$ Ol'J" St::'J' INTI tl! f~'I.JNt or: SAl D 1!19 Ill .\c:RE nv.cr JIOR 'n II! NOJtTI l~'iT CORNI!R OF ·n liS 1'RhCT;
n II~CE S. ot• 45' os• W., ALONG 111E I!.AST LINE DP SAID lt!J Ill:! AtRE TRACT (J'RE\'IOU3 IWCORO CALL: 5.. oct-
02' so-E.) AND niE CEH'IERJJNE OF IOL\ AVENUE M DIWJCATED &Y 1111! PLA1'S OF REGAL PMJC.
N'C:OROINO TO 1111! t.L\rS OR PL\Tii TIII~OF RECORDED IN \'OI,UMI'~ 1140S, PAGI:: lll'i ,\NO VOWME 10114,
PAr.E SB Of 1111!. Ot-llJCIAL PUBI.IC RECORDS 01: I.UBBOCK COUNIY, 1\ DISTANC:E 011992.97 PEii'l' 10 A t'K
NAil. o\ND WMIIIU\ I:OUND ,\T 111E. NOil'niEAST CORNmt 01' TIIAT CERTAIN 1'R.ACT 011 ~D CON\'~HD
'10 LURBOOC U.ND INVIE.STMEN'J'S I, IJI MCORDI!D IN \'OLUM~ 104G9, PAGE 12-1 OF 111E OfTI:J:C:IAL JIUBLIC
RECOKDS 011 I.UBBOCK COUN'"IY, I:OR 11 IIi. SOU'fl lr!.o\ST COR.NI!R. OF TillS 1'RACT;
llii::Nr.l! N. W 10' 05• W., ,\I.ONO TI IF. NORTI li.INE OP SAID I.UBROCK L.t\ND INVr:.O,"ThlliNl"S I, IJI TRACT, AT r\
DISI'.\NCI! Ofl J2.DO IJJ!ET fl.\SS •\ 1/l• IRON ROD Willi f".AJI t.L\R.KF.D "'II. RE.I!D & i\SSOCS" r-oUND,
CONTlNUING r-oa ,\ 1'0T,U. DIS1'ANCI! 01' Jtlll.JB FEF.r (J'A.£VIOUS RECORD C.\U.: N. aa• O'J' 50• W .. J118.JII
!IF I;;[) TO A 1/r IRON ROO wrn I Ci\P MARJa:.'D "II. Rr::I:.D & /I.SSOCS'' FOUND fOR A CORNER Of nUS 11l.\Cr;
llii!NC£ tol 01• .tr 45• li., .r\LONO ,\ PORTION Of n IE NORTIIIJNE 01"' SAID LUBBOCK l.t\ND lNVESTMI!t-.r13 I,
J.P TIL\Cr, A DIS'f,\Nf:l~ Qff 1-Ni.ll I'F.Irl' (PREVIOUS R.Et:ORD C.UJ.; N. 01• 48' u• It, 146.11 PI..!.E'I) TO,\ U'r IRON
ROD wt11 I C.\P NI\R.Kii.D "II. REI!D & ,\SSOCS'' FOUND FOR 1\ I:ORN ER OF TI liS TR...\Cf:
111l!NCfi N 88• f1f ,.,. W., ,\t..DNC 1111! NORnl LIN~ Of' S,\10 LUBBOCK 1.~\ND IN\'nsTMm>mi I, Lr T1L\l.T,,\
DISTANC:E 01: 1-168.08 llJ":JIT (JtRE\'IOUS RECORD C\1 J.: N a a• 10' -43• W., I~GT.Bii I·'F.l:.,) 1'0 A 1/'r IRON ROD Wn1 I
r.,\P ~lt\IUCI:D "'5TI~'ENS R.rts -*ll9" Sin' IN '111t! r~\ST RIC!fl'.QF.W,\Y IJNE OF MIJ.W,\UKEJ~ ,\\'I!NUr:, ,\.CO
DI~JURP..O lN DUED Rr':.OlRDI:.O lN \'OLUMI! 97l5, l'o\GF. 3-19 Of 111F.. CWFICLU. JIUBI.It RUCORDS OF
I.UBBOCKOlUN'I'Y, I•OR TilE SOITn !Wmol C:ORNER 011TI liS TR...\CT,
'lllr:NCI! N. 01• 4l' IT f'.., ,.U.ONC n II~ F..Ul' RICiUT-01: W.\Y JJNfi Of: MIJ,W,\Utam ,\\'J~UJ! (I'JtE\'IOUS
RF.CORD r..,~\IJ..: N. 01• ·U' 5r E.),,\ DISl'ANr.E Or129100 PI!ETTO ,\ 5/B.IRON ROD FOUND AT'I11E SOlin IWESJ'
C:ORNI!R OF TR.t\Cl' •\ W,\1 .. !11,\R.T SUP!!RCI!N"''HH., ,\N ADDn10N TO n IE CITY OF UJBBOC':K, M:CORDING 1'0
11 In ~L\P OR Pl.,\'1' 1'11 ~II.EOI: RHC:ORDI!D IN PIA 1' ,\NO DEOIC.\110N N0.1D0602..t!IO'J OJ% n IK or:FICI,\L I'UISIJf:
RJ::(ORDS OF J.UBBOr:" CO\JN'IY,I:OR. 11 II! MOS'r WJ': . .'i11!RI.Y NOil11 Jwr.sl' CORNER OF TI liS 11L\CT,
A-I
EXHIBIT A
11 ll.NC'J! s. r 1W s.t• I\., AI.ONCi 11 II~ SOU'Tl I JJNI! 011 S.\ ID 111.:\r.f 1\, •\ llL't1':\NCI£ 01• !IIS.OlJ=IiJn' (PRI!\'IOU!i.
RJ1COIUl C:\IJ.: s.u• ta UJ" H., Dl-1 9lllltln) TO ,\ 5/r IRON ROD \VT111 C:.\P ).L\JU::I\0 "DUNa\W,\ \' .-\SSOC, INC"
I:OUND ,\T111H SOliiliE.i\Sr CORNI!Il 011 MID 111..·\<.1' ,, ,\ND nm SOU111\WS'l' C:ORNI!R 01: 1.01' -48 01 1 51\lD
SPL:CTR,\ J.UBIK:lCK. SOl1111\W..'iT,I:OR t\ C'.ORNI:R 01:11 flli TR. \CI";
11li::NCR N en• -W so• lt, ;\l.O'NG '011! COMMON J.INH OF MID 1~\Cl' ,;\ ,\ND J.ar -IB, ;\ 0151',\NC:f! 011 lJl!'J
IOJ lrl' (T'Rl:."YIOUS IU~CORll C.UJ.: N. 01• ~!!' 50• It, li17B llJ!IIT) TO ;\ 11r IRON ROll Wml C::\P lli\RJO!D
.. SIT:\'F.NS RPJ.S .&llr 51!'1' .;\1"1111! \W: . .'il' C:OIIL\ION C:ORNI:R 01: S..\ID I.OTS -4•\ .\Nil -18 FOR ,\ C.ORNI!R ot: 11 liS
l'R:\Cf;
111.1!21lr.li S 18° lrJ to• I:, .\LONG 11 II.: C:O~IMON l.INI~ OF S.\m I.DTS ·h\ , \NO .&II, t\ D ISI',\NCI!. 01' 388.5:! l'r.JIT
(T'R.I~\'lOUS Rl!COIUl C:.\U.: S. 18"' ta 10" 1!., l88 .Jl 1:r..1n1 1'0 1\ 1/~ IRON 100 Win I C:,\P :\IJ\~!Il "S'I1~'1~
IU'l.S .Ull)'" !ilrl' ,\Tllll~ E:\..'il' C:UMMON CORNI!R. Oft S.\ID l.Dr.i -4A ,\NO oiB 1:0 R ,\ CORN~R 01: lliiS 'I'Jt.\Cr;
11 WNC:~ N 01• -49' 05" H., ,\LONCi Til~ r,.,U~1' LIN!! 011 S.\lD l.oT -tA (PIU:. .... \'IOUS JU!CORD C'..;\IJ.:
I"" 1:.), ,\ DJSr,\NCI~ Qll :!11.71 t:miTTO ·n In 1101Nl' OJIJtJ:CiCNNINCi.
A-2
No Text
<(
1-
r::c
I >< w
Calent!a r \'ear"
Propeny Va I ues •
Discounted Property Values@ 90%
Fiscal Year Revenues
Interest Enm in gs
Assessment@ $0.11
Tobd
Erpense
87th Street Park "Tract A" 1 . I 3 Acres
Maintenance of Park
87th Street Median ''Tract B" .07 Acres
Maintenance of Median
Electric Costs
Administrative Costs
Annual Operation Cost
(LCAD Collection Cost and Cost of
setting ilSsess men t.o; each year)
Total
Cash Raenoc
+Property Value growth rate= 2% annually
$
$
$
Actual
2014 2015
7,016,364 10,397,559
7,016,364 10,397,559
2014-15 2015-16
-82
8,580 12,407
8,580 12,489
--
--
--
5 330
3)37 3,368
3,342 3,697
9,100 17,891
$
$
s
$
Exhibit B
City or Lubbock, TX
Finnnce Department
Valencia PID Service Phm
2016 2017
12,610,947 19,533,361
12,610,947 17,580,025
2016-17 2017-18
71 130
12,693 19,338
12,764 19,468
--
--
--
725 725
4,000 4,200
4,725 4,925
25,930 40,473
Proposed
2018
19,924,028
17,931,625
2018-19
202
19,725
19,927
-
-
-
740
4,284
5,024
55,376
"Year that the construction value goes on the tax roll
Assessment Information
2010-2020
Assessment per $100,000
87th Street Park "Tract A"
Maintenance of !'ark ..
87th Street Median "Troct B"
Maintenance of Median••
Shall include weekly lawn care. weekly cleaning, rcnilizer, prccmcrgent, tree trimming,
replacement of plants, upkeep of structures, maintenance of irrigation system and ground
cover.
Shall include weekly lawn care. weekly cleaning, fcnilizer, prcemergcnt, tree trimming,
replacement of plant.o;, upkeep of structures, maintenance of irrigation system and ground
cover_
2019 2020 2021 Totals
20,322,5()9 20,728,959 21,!43,538 $ 21,143,538
18,290,258 18,656,063 19,029,184 19,029,184
2019-20 2020-21 2021-22 Totals
277 353 431 1,547
20,119 20,522 20,932 134,316
20,396 20,875 21,364 $ 135,863
----
----
-- --
754 769 785 4,832
4,370 4,457 4,546 32,562
5,124 5,226 5,331 s 37,394
70,649 86,297 102,330 s 102,330
No Text
E:<hibil c
C i!Y of Lubbock, TX
F i nam.:c Depil r11n.:nl
V a lend a PID
20 I 7 Apprn isal Roll
lUI? Markft 201?Tanble 2111? Esll mal ed
Pmperty ID OwnorName IUillllnjl. Addre.s Exemeliuos l'roeertl Address L•jl.lll D•orrtet ion Vulue Value Assessment
R327457 AARON DANIEL I IOMES OF W 6422 JOLIET AVE 61.16 86TH ST, LUBBOCK. TX 79424 VALENCIA L 48 $ 81,655 82.655 91
TEXAS LLC LUBBOCK. TX 79413
R327446 ADDISON HOMES LLC 6115 87TH ST 6114 86TH ST, LUBBOCK. TX 79424 VALENCIA L 3 7 15.719 25.719 28
LUBBOCK, TX 7'J424
R319347 ANDERSON L E & DIANA P 8714 IRON TOt>! AVE HS,OA R7141RONTON AVE, LUBBOCK, TX 79424 VALENCIA L 5 441,239 410,784 4<'
LUBBOCK. TX 79424
R319357 BABB FRANKLYN C & JANET R 6119 87TH ST I!~ 6119 87TH ST, LUBBOCK. TX 79424 VALENCIA L 16 413,362 4!3,362 455
LUBBOCK. TX 79424
R319345 RETENBOUOH HOMES INC 6305 82ND ST 6105 87TH ST, LUBBOCK. TX 79424 VALENCIA L 3 65,420 65.420 7>
LUBBOCK. TX 7'!424·31>8 l
R319352 RETENROUOH HOMES INl 63!15 R2ND ST 8704 IRONTON AVE, LUBBOCK, TX 79424 VALENCIA L 10 92.J 13 92.JIS 102
LUBBOCK. TX 7'J424.3681
R319358 RETENBDUGH HOMES INC 6305 82ND ST 6121 87TH ST, LUBBOCK. TX 79424 VALENCIA L 17 86,190 86,190 95
LUBBOCK, TX 79424-3681
1019361 BETENBOUG!II!OMES INC 6305 82ND ST 6127 87TH ST, LUBBOCK. TX 79424 VALENCIA L20 65,1)60 65,060 71
LUBBOCK, TX 79424-3681
RJ19362 BET!ONBOUGIIIIOMES INC 6305 82ND ST 6122 87TH ST, LUBBOCK. TX 79424 VALENCIA L21 98,220 9S,220 10~
LUBBOCK. TX 79424-3681
R319368 BETENBOUO!II!OMES INC 6305 82ND ST 6108 87TH ST, LUBBOCK. TX 79424 VALENCIA L 27 58,290 5K,290 64
LUBBOCK. TX 79424-JbMl
R31'!370 BETENROUGH HOMES INC 6305 82ND ST 6104 R7TH ST, LUBBOCK. TX 79424 VALENCIA L29 79,450 79,450 S"l
LUBBOCK. TX 79424-3b8l
Exhibit C
City of Lubbock, TX
Finu nc t: Dcpartm~nt
Valencia l'lD
2017 Appraisal Roll
2617 Marker 21!17 Tuubl~ 2017 Estimated
l'roperr y II> Owaer Nnrn~ 1\1 ailinE Address Eumetlons ProJ!~ r-tr Add rr.'is Lcenl Dcs~rlellud Vlliac V.otlu1L.1 As.•cs~mcnf
R319371 llETENBOUGH !IOMES INC 6305 K2ND ST 6102 87TH ST, LUBBOCK. TX 79424 VALENCIA L 30 $ 54,480 54,480 60
LUll BOCK, l'X 71N24-36H I
R320815 DETENBOUGH IIOMES INC 63115 K2ND ST ol24 STill ST, LUBBOCK, TX 79424 VALENCIA TRA 1),8 l "7 9.~ I' II
LUHBOCK, TX 79424-3681
RJ20816 BETENBOUGH HOMES INC 6305 82ND ST 8602 lOLA AVE, LUBBOCK, TX 7N24 VALENCIA TR 13 (j27 (,~'7
LUBBOCK, TX 79424-3681
R.U3452 RETENBOUGH HOMES INC 6305 82ND ST MILWAUKEE AVE, LUBBOCK, TX 79424 VALENCIA OFFICE l'i\RK L 2 168,000 168,000 18~
LUBBOCK, TX 79424-3681
R327456 BLACK. Li\NDON 4605 106 Til ST 6134 86TH ST. LUBBOCK. TX 79424 VALENCIA l.47 49,774 4'1.774 55
LUBBOCK, TX 7~424
R.U7440 RL/I.CKWELL DANNY CRAIG & 6102 86TII ST 6)()2 86TH ST, LUBBOCK, TX 79424 VALENCIA LJl 195,1)(>5 195,965 :?l(,
MARYC LUBBOCK, TX 79424-6864
R3274-l7 DONIIAM, SUSAN 6111> 86TH ST I!S 6116 86TI I ST. LUBBOCK. TX 79424 VALENCIA L38 251,628 251,628 JT'
LUll BOCK. TX 79424-6864
RJn45J BORDOVSKY, JASON 6124 86TH ST 11S 6124 86'!11 ST, LUBBOCK, TX 7~424 V/I.LENCJA L42 242,!09 242,109 :!(>(,
LUBBOCK, TX 7~424
RJ27506 BRJ\CKEEN KELLY & AMBER E 6107 RI>TH ST 6107 86Tll ST. LUBBOCK, TX 7'J424 VALENCIA L97 J33,978 lll,?78 367
LUHBOCK. TX 79424
Rll9l54 BRi\SEL TON JEFF & DEDRA A 6113 87TII ST 6 I I 3 R7TH ST, LUBBOCK, TX 7?424 V i\LENCIA L ll 468.386 41>R,.lR6 51 s
LUHROCK, TX 79424
R327450 BRODIE RLAKE M & JORDYN L YN 6122 86T!I ST 6122 86TH ST, LUBBOCK, TX 79424 VALENCIA L 41 258,970 258,'170 1~5
LUBBOCK, TX 79424
hhibitC
City of Lubbock. TX
Finance Dt:·panm-Lnt
Vnlencin I'ID
2017 Appmis"l Roll
21117 Markot 2017 T~xable 2U l7 E<t i mated
Pr~pe rty Ill 0¥.·n~r-N.am~ Mailins Add.-.~s..'ii E \":em ~tioJL'ii Prufer-r;r Addn:'S...'ii Leanl Des~ri etion Value Value A ... ossmenl
IU274M CI\NO ZENON & BRENDI'< 86WKIRBY AVE 861() KIRBY AVE. LUBBOCK. TX 79424 VALENCIA L 55 s 244,241 244,241 269
LUBBOCK. TX 7'1424
RJ 19367 CONSER RUSSELL H & ELISA BETH 6112 87TH ST H~ 6112 87TH ST, LUBBOCK. TX 7'1424 V I'<LENCIA L 26 35~.540 342.2'13 ~77
LUBBOCK. TX 7'1424
RJ27444 COnEN MJC!IALCASEY & !JOLLY 611086TII ST 6110 86TII ST, LUBBOCK, TX 7'1424 VALENCIA L35 275.985 275.'185 "\{14
BETH LUBBOCK, TX 79424-6864
R327499 CRAIG,KIMR KIM CRAIG CONSTRUCTION 6111 86TH ST, LUBB(X:K, TX 79424 VALENCIA L 90 250,221 250.211 275
11703 UTICA AVE
LUBBOCK TX 7'1424-4899
R327465 DALEY DREAM IIOMES LLC 4920 S LOOP 289 8612 KIRBY AVE, LUBBOCK, TX 79424 VI\LENC!A L5f> 41>,421 46.4~ l 51
IISTE2llf>
LUBBOCK. TX 79414
R32750'l DALEY DREI'<M HOMES LLC 4920 S LOOP 2R9 6101 86TH ST, UJBEIOCK. TX 79424 VALENCIA L 100 .1'.1\{J 1.'.1\t) .11>
IISTE 206
LUI.! !JOCK, TX 79414
RJ27490 DANIEL AARON HOMES OF WEST 6422 JOLIET AVE 8607 KIRBY AVE. LUBBOCK, TX 79424 VALENCIA L 8! 83,205 83.205 t}:!
TX LLC LUBBOCK. TX 79413-5427
R327493 DI'<Nl EL I'< I'< RON HOMES OF WEST 1>42210LIET AVE 8601 KIRBY AVE, LUBBOCK, TX 79424 VALENCIA L 84 167.053 167,053 184
TX LLC LUBI.IOCK, TX 79413-5427
R327486 DIXON GREGORY L & DIAN,\ 6303 STill ST HS.OA 6303 871"11 ST. LUBBOCK, TX 79424 VALENCIA L 77 263.423 246,723 171
I.IYEII.S LUBBOCK, TX 79424
R319364 EVANS. SON! t< C />118 87TH ST HS.OA 6118 87TH ST. LUBBOCK TX 79424 VALENCIA LB 390,273 371,205 40~
LUBBOCK, TX 79424
R327500 EVERGREEN FOAM INSULATION 2321 18th ST 6119 86TH ST. LUBBOCK, TX 7~424 Vt<LEr>!CIA L~l 41,300 41,300 4~
LLC LUBBIX:K. TX 79401
Exhibit C
City of Lubbock, TX
Fin a n.c e Depanment
Valcnc i" PlD
1017 AJ'I""'isol Roll
2017 Market 21117 Tanbl~ 2017 Estimat~d
Pr11p~rty II> OM·ne-r Nnme l\tmllln2Addr•., Exemetimu Prol!crl~ Addr~ss Lor,nl l>•scrlelluo Value Vllluo As~es.<mcnt
R3H470 EZELL. ~IANNAll N 6310 87TII S'l' 6310 87Til ST. LUBBOCK. TX 7?424 VALENCIA L61 $ 61.460 61,4611 6R
LUBBOCK. TX 79424-51165
R31~36? FOY JAMES C & CASEY 6106 87'1'11 ST ~~~ 6106 87TH ST, LUBBOCK, TX 79424 VALENCIA L28 438,002 438,1)()2 4~~
LUBBOCK. TX 7<J424
R327463 FRANCIS MA'lTIIEW & UEATHER .1105 OAKRIDGE AVE 8608 KIRBY AVE, LUBBOCK, TX 7?4H VALENCIA L54 72,?05 71,9115 Kll
2812
LUBBOCK, TX 794117
R327449 GARCIA SCOTTIE L YN & GLENDA 6120 86TH ST 6121186TH ST. LUBBOCK, TX 79424 VALENCIA L4() ]01.672 302.672 lll
LEA LUBBOCK, TX 79424
R327481 GILL JAMES T & BETTY J 6313 87TH ST IJS,OA 6] 13 87TH ST, LUBBOCK, TX 79424 VALENCIA L 72 257,350 2411,650 21.~
LUBBOCK, TX 79424
R327466 GOM El CiEORGIA ANN & ADAN R 7516 AVENUE P 6302 8T!"H Sl', LUBBOCK. TX 79424 VALENCIA L 57 36,897 36.8'17 41
1R LUBBOCK, TX 79423
R319353 GORMAN DUSTY & JAY 21 I FM 2284 us 87(12 IRONTON AVE, LUBBOCK, TX 79424 VALENCIA L 11 463,887 46.l,SS7 liO
OLTON, TX 79064-5016
R327448 GREENLEE ERIC T & LINDSAY R lollS X6TH ST HS 6118 86TH ST, LUBBOCK, TX 79424 VALENCIA 1.39 234,145 234,145 2~8
LUBBOCK. TX 7<J424-f>KI>4
R32748S GRIGGS, JON! 6305 ~7TH ST HS 6305 87TH ST, LUBBOCK, TX 79424 VALENCIA L 76 228.2.10 ns.2.10 2'1
LUBBOCK, TX 7~424-5066
R327441 HACK FAMILY CONSTRUCTION 316 WILDCAT ST 6104 86nl ST, LUBBOCK, TX 7'J424 VALENCIA L .12 17.'.70 17,.170 41
LLC WOLFFORTH, TX 79.182
R327461 HACK FAMILY CONSTRUCTION .116 WILDCAT ST 8604 KIRBY AVE, LUBBOCK, TX 79424 VALENCIA L SZ 39,102 W,lll.' 4J
LLC WOLFFORTH, TX 79.182
Exhibit c
City nf Luhh<>ek, TX
F tnance Dcpa n mcnt
V" lencia PID
201 7 Apprniso1 Roll
2U17 !'.I:trl«l 2017 Taxable 21117 E•li mated
l'roperry I U O•merName Mnilinl!, Address Exem;euons Proe(l rr~· Address Le:&Lll n~sr:ne• ion Value Vnlue /Us.r.ssmenr
RH3451 HATCHETT, WILLIAM G 5124 82ND ST 8605 MILWAUJ.::EE AVE, LUBBOCJ.::, TX 7942' VALENCIA OFFICE I' ARK L I $ 548.920 548,920 604
LUBBOCK, TX 79424
R327494 IIERNANDEZ, HENRY 6DI 86TH ST 6131 StiTH ST, LUBBOCK, TX 7°!424 VALENCIA L 85 1411,555 1411.555 155
LUBBOCK, TX 79424
R319359 llO,BIN!IT 612.1 87TH ST liS 612.1 87TH ST, LUBBOCK. TX 79424 VALENCIA L 18 485,175 477,299 525
LUBBOCK, TX 79424
R319366 JACKSON JONATIIAN A & 6114 87TH ST HS 6114 87TH ST, LUBBOCK, TX 79424 VALENCIA L 25 443,423 443.423 488
AMANDAL LUBBOCK, TX 79424
R3!9355 JO!tDAN JAMES R & YVE"lTE 6115 87TH ST liS 6115 87TH ST, LUBBOCK, TX 79424 VALENCIA L 14 430,849 421.975 4M
LUBBOCK, TX 79424
R319356 LANCET, WILLIAM II & RITA 6117 87TH ST IIS,OA 6117 87TH ST, LUBBOCK, TX 79424 VALENCIA L 15 398,476 377,044 41~
LUBBOCK, TX 79424
R327482 LEOFOitD JEFFREY ALAN & 6311 87TH ST 6311 87TH ST, LUBBOCK, TX 79424 VALENCIA L 7J 30,929 30,929 14
WJIITNEYLEA LUBDOCK, TX 79424
R.ll9.172 LEVENT FATMA & TANER ISTIFLI 611187THST liS 6111 87TH ST, LUBBOCK, TX 79424 VALENCIA L 12 388)50 .188,350 ~"-'
LUBBOCK. TX 79424-55117
R.l27452 LIJDW!GSEN TfiOMAS CW & LIND! 6126 8f>TH ST liS 6126 86TH ST, LUBBOCK, TX 79424 VALENCIA L43 245,435 245,435 no
M LUBBOCK. TX 79424
R.ll9.149 LUSK COREY A & ROXANN 8710 IRONTON AVE liS 8710 IRONTON AVE, LUBBOCK, TX 79424 VALENCIA L 7 40&,583 408,5&3 44'!
LUBBOCK, TX 79424
fU 19~SI MC DANIEL MICIJAEL & ROXANNE 8706 IRONTON AVE liS 8706 IRONTON AVE, LUBBOCK, TX 79424 VALENCIA L9 417,270 417)70 4.W
LUBBOCK, TX 79424-580.1
Exhibit C
Ci ry o (Lubbock. TX
Fino:~ nc '-= Dcpanm~nt
V nlenci" I'ID
2017 Af'l'rnisal Roll
21117 Markel ZOI7Tnuble 2017 E.<timat~d
l'rotpert y II> Owoe..-Nnme 1\1 ailin~ Address ~~emetioru Pr~J!C r1 ~ Address L.~!aJ Dt:'Scr-i~tiun VRiue Value Assessment
R327479 MONTGOMERY, AUGUST 6317R7TH ST 6317 87TH ST. lUBBOCK. TX 79424 VALENCIA l 70 s 237.]11 237,311 261
lUBBOCK, TX 79424
RH7503 MOORE KELLY G &. KATI!Y 611.1 Hf>TH ST l-IS 611.1 H(>Tll ST, LUBBOCK, TX 79424 VALENCIA L94 233,811 233,811 257
LUBBOCK. TX 79424
1019363 MURPHEY CHARLES R & LISA D 6120 87TH ST liS 6120 87TH ST. LUBBOCK, TX 79424 VALENCIA. L22 36R.752 )()),227 4()(1
LUBBOCK, TX 79424
RJI9J44 r>IELSON BRAD A & JESSICA A 6 !Ill 87TH ST liS 610l87TH ST,LUBBOCK, TX 79424 VALENCIA L2 399,076 396,441 4Ju
LUBBOCK, TX 79424
R.l274S4 OLIVAS, DAVID A 61l086TH ST 6130 86TI! ST, LUilllOCK. TX 79424 VAI.ENCIA L45 250,304 250,304 ]7j
LUBBOCK, TX 7<)424
R3274HH PRITCHETT DA YID & TRENA 8611 KIRBY ST 8611 KIRBY AYE, LUBBOCK_ TX 79424 VALENCIA L 79 25,883 25,883 "~ LUBBOCK, TX 79424
RH7462 REYNA ANGELO & ERICA S 1'0 BOX 65523 8606 KIRBY AYE, LUBBOCK, TX 7<J424 VALEr>ICIA L53 S7,170 87,170 9(1
LUili.IOCK, TX 79464
1019348 RHOADES SHANNOr-1 & WEN PEE 8712 IRONTON AVE liS K712 IRONTON AVE, LUBBOCK, TX 79424 VALENCIA L6 487,060 477,47? 525
LUBBOCK, TX 79424-5803
R327504 RIEKEN, KASEY (>!II 86TH ST 6111 86TH ST, lUBBOCK, 'D( 79424 VALENCIA L 9S 225,M9 225,649 ~~8
lUBBOCK, TX 79424
R31?343 RITCIIIE KERRY & STEI'HANIE 6101 87Tl! ST liS 6101 81TH ST. LUBBOCK_ TX 7'1424 VALENCIA L I 441.211 435,725 419
LUBBOCK, TX 79424
R327445 RODRIGUEZ, MIGUEL ANGEL 6112 86TH ST 6112 86TH ST, LUBBOCK, TX 7'J424 VALEr>ICIA L36 212,647 212,647 214
LUBBOCK, TX 79424-6864
E~hibit C
City of lubbock, TX
Finance Dt."P'1nuu:nl
Valencia I'ID
20 I 7 Appr;~ isol Roll
lill7 J'.brket 2017 Tax~bl~ lU 17 Estl mated
Pnopocty ID OwncrN.am1.1 1\lallin~: Addros.s E1emetions ProJ!C rtr Add ross Le~P-1 Dc!iiicrj;etion Value Value Assessment
1027483 ROPER MICIIAEL LEE & BRITTANY 630~ 87TH ST 63~ 87TI-I ST. LUBBOCK, TX 7~424 VALENCIA l 74 $ 239.249 B 1J,l49 263
LUBBOCK, TX 79424
Rl27480 SAINZ JOEL & EVELYN DENA E 63 I 5 87Tfl ST 6315 87TH ST, LUBBOCK, TX 79424 VALENCIA l 71 235,47_, 1]5,47_, :.!)['
LURBOCK, TX 79424
R:\27467 SCHW ART"LE WILLIAM C & 6304 8 7Til S T 6304 87Tfl ST, LUBDOCK TX 79424 VALENCIA L5S 123,567 lB,567 llto
DEANNA E LUBBOCK. TX 79424
Rl2746S SIIEETS, ELIZABETH 6603 2ND ST 6306 87TH ST, LUBBOCK, TX 79424 VALENCIA L 5'1 137,094 137.094 IS I
LURBOCK, TX 79416
10193()(1 Sl I ENG JAMES J &. YING ZHANG 6125 87Tfl ST tiS 6125 87TH ST, LUBBOCK, TX 79424 VALENCIA L t'l 329,094 319.094 l62
LUBBOCK, TX 79-124
1027492 SIL VERLEAF COMMUNITIES H~ WINTHROP AVE 8(o03 KIRBY AVE, LUBBOCK, TX 79424 VALENCIA L83 204,883 204,883 ~:!5
IISTE 77
n WORTIJ, TX 76116
1019350 SINGH DEEPINDER &. TARNJOT SHERGILL t!S 8708 IRONTON AVE, LUBBOCK, TX 79424 VALENCIA L8 347,065 344,062 178
8708 IRONTON AVE
l.URBOCK, TX 79424
R3H507 SUGGS BILLY & IRENE 6105 86TH ST llS 6105 86Til ST. LUBBOCK, TX 79424 VALENCIA L98 239,575 B9,575 ::!fA
LUBBOCK, TX 79424
R327455 TEXAS ELITE ~IOMES LLC 3105 t t2Tit ST 6132 86TIJ ST, LUBBOCK, TX 79424 VALENCIA L46 47,930 47,930 5l
LUBBOCK, TX 79423
R3H49R TEXAS ELITE HOMES llt 31051 t 2TH ST 6123 86Til ST, LUBBOCK, TX 79424 VALENCIA L89 44,545 44,545 .jl)
LUBBOCK, TX 79423
R327443 TilE TRAILS AT REGAL PARK DEY PO BOX 64415 6108 86TH ST, LUBBOCK, TX 79424 VALENCIA L 34 80.532 80,532 89
INC LUBBOCK, TX 79464-44 t 5
Exhibit C
City of Lubbock. TX
Fin a nc '-= De panmc:nt
Valeno io PID
2017 Appraisal Roll
2017 M~rket 21117 Turuhle 20\7 Estlmut"d
l'ruperty ID Owner-Nnml! Mullins Addr<"-' Ex~mettonJ Prol!ertr Address L~ISal D~scril!t ina Vllluc Vnlu• A:'isc~~mcnf
R.l2745J TilE TKAI LS AT ltEGAL PARK PEV PO BOX 64415 6128 86TH ST. LUBBOCK. TX 7~424 VALENCIA L44 $ .li.KB 3 1,8]] 35
INC LUBBOCK, TX 79404-4415
R317458 THE TRAILS AT REGAL I' ARK DEY 1'0 EIOX 6441.5 6138 86Tll ST, LUBBOCK, TX 7<J424 VALENCIA L49 67.750 6?.7~fJ 75
INC LUBBOCK. TX 79464-4415
R327459 TI-lE TRAILS AT REGAL PARK DEY 1'0 BOX 64415 6140 Sf>TH ST, LUBBOCK, TX 79424 VALENCIA L 50 48,104 48,11'14 ~.1
INC lUBBOCK, TX 79464-44 15
IU27460 THE TRAILS AT REGAL I'AitK DEY PO BOX 64415 8602 KIRBY AVE. LUBBOCK. TX 7'1424 VALENCIA L51 40,411 40.41 I 44
INC LUBBOCK. TX 7<J4M-441 S
R327471 THE TRAILS AT REGAL I' ARK !JEV 1'0HOXf>4-ll5 6.1 12 87TH ST. LUBOOCK. TX 79424 Vi\LENCIA L62 30,~44 30.944 14
INC LUBBOCK. TX 79464-4415
11.327472 THE TRAILS AT REGAL PARK DEY l'OBOX64415 6314 87TH ST, LUBBOCK. TX 7?424 VALENCIA L 63 .10,'144 .10,944 )4
INC LUBOOCK, TX 7'1464-44 IS
RJn47J THE TRAILS AT REGAL I'AitK DEV PO BOX 64415 f>.llf> 87TH ST, LUBBOCK. TX 79424 VALENCIA L64 Jll,944 30,944 14
INC LUBBOCK. TX 7'1464·4415
R.l27474 ·n IE TRAILS AT REGAL PARK DEY PO BOX 64415 6318 87UJ ST, LUBBOCK. TX 79424 VALENCIA L65 30,944 30,?44 Jol
INC l.UEIBOCK. TX 79464-4415
R327475 TilE TRAILS AT REGAL PARK DEV PO BOX 64415 6J20 87TH ST, LUBBOCK. TX 79424 VALENCIA L66 28,1J.18 28,04& .11
INC LUBBOCK. TX 79464-4415
R3174K7 THE TRAILS AT ltEGAL PARK DEY PO BOX 64415 f>JOI 87TH ST. LUBBOCK. TX 79424 VALEI\!CIA L 78 ~7.24·1 :n.~44 '\{I
INC LUBBOCK. TX 79464-4415
R.l27489 THE TRAILS AT REGAL l'AltK DEY PCl BOX 644 15 R60<J KIRBY AVE, lUBBOCK. TX 79424 VALENCIA L 80 38,756 38,756 43
INC LULl BOCK. TX 71}464-4415
Exhibit C
City of Lubbock.. TX
Fin a nee Depm1mcrn
Yalcuci.1 PID
2017 Appr:aisol Roll
2017 Markel 21117 Taxable 2017 E.otimnted
1'ru~rt y 11> Owner Name i\f ailin~ Address E,;llmetions I'rof!!rll Address Le~al De•c ri e;tio n v~llle Valu~ A.'iiSCS..'iim~nt
R327495 TilE TRA 1LS AT REGAL PARK DEY POBOX 64415 6129 86TH ST. LUBBOCK, TX 79424 VALENCIA L86 $ 28.389 28,38~ J I
INC LUBBOCK, TX 79464-4415
R3274% TilE TRAILS AT REtiAL PARK DEY PO BOX 64415 6127 86TH ST. LUBBOCK, TX 79424 VALENCIA L87 29,068 2?,068 \)
INC LUBBOCK, TX 79464-4415
R.l27497 HIE TRAILS AT REGAL PARK DEY PO BOX 64415 f> n5 86TH ST, LUBBOCK, TX 79424 VALENCIA L88 11.12'1 11.12'1 H
INC LUBBOCK, TX 79464-4415
R327501 T1 IE TRAILS AT REGAL PARK DEY PO BOX 64415 6 I I 7 86TH ST, LUBBOCK, TX 79424 VALENCIA L92 28,585 28,585 1[
INC LUBBOCK. TX 79464-4415
R.l27505 THE TRAILS AT REtiAL I' ARK DEY PO BOX 64415 6li~J 86TH ST, LUBBOCK, TX 79424 VALENCIA L?6 27.566 27,566 _\()
INC LUBBOCK, TX 79464-4415
R.l2750R THE TRAILS AT REGAL PARK DEY PO BOX 64415 6103 86TH ST, LUll !JOCK, TX 79424 VALENCIA L ?9 27,059 27,059 10
INC LUBBOCK, TX 7?464-4415
R323453 THIRTEEN IS LUCKY FOR ME LLC 8705 MILWAUKEE AVE 8705 MILWAUKEE AVE, LUBBOCK, TX 7942< VALENCIA OFFICE PARK L 3 725,561 725,561 7'JR
LUBBOCK, TX 79424-0?40
R327469 TIM ROTEN REAL T'f INC, I 1410 TOPEKA AVE 630S 87TH ST. LUBBOCK, TX 79424 VALENCIA L60 :10,9.19 30,939 .\4
MYSTIQUE HOMES LUBBOCK, TX 79424
R327476 TIM ROTEN REALTY INC, I 1410 TOPEKA AY~ 6322 87TH ST. LUBBOCK, TX 79424 VALENCIA L67 11,.\lrU 11.1rro 14
MYSTIQUE HOMES LUBBOCK, TX 79424
R327477 TIM ROTEN REALTY INC. 11410 TOPEKA AVE 6]21 87TH ST, LUBBOCK, TX 79424 VALENCIA L~S 44,856 44,856 "'' MYSTIQUE HOMES LUBBOCK, TX 79424
R32747R TIM ROTEN REALTY INC, 11410 TOPEKA AVE 6319 87Tl I ST. LUBBOCK, TX 79424 VALENCIA L 69 40,103 40,103 44
MYSTIQUE 1 IOMES J.UBHOCK, TX 79424
E~hibit C
C i !y or Lubbock, TX
Finance Depanment
Valencia PID
1017 Apprnisal Roll
2017 Market 21117Tuuble 2017 Estimated
PmpertyiD Owoer-Name 1\1 aitin~ Addrcs.• Ex~metions Proecrt~ Address L.to!;:!! o~sc rier ina Vnluc Value As.s:es:!limt'nl
1027502 TUilN EllllllANOON & STACY 6115 &6TH ST 6115 86TH ST, LUBBOCK. TX 79424 VALENCIA L 93 $ 40,4 70 40.470 45
LUBBOCK, TX 79424
R327491 VAUGHN MONTY & TERRI 86()5 KIRBY AVE 8605 KIRBY AVE, LUBBOCK. TX 7?424 VALENCIA L82 143,99& 24,1,<)<)8 .!l1X
LUBI:IOCK. TX 7'J4N
R3!74H4 VAUGHN, TONI 6J07 87th ST !IS 6307 87TH ST. LIJIJOOCK, TX 7'J424 VALENCIA L 75 227,867 227,867 251
LUBBOCK. TX 79424
RJ19J46 WI !!NEll Y-CASDORI'I! llllENDA & 6107 STill ST !IS 6107 87TH ST, LUll BOCK, TX 79424 VALENCIA L4 389,406 JR4.84.1 l~21
·GEORGECASDORPit II LU!3!30CK. TX 79424
RJ19365 XU,KETOM 6116 R7TH ST HS 6116 87TH ST, LUBBOCK, TX 79424 VALENCIA L 24 466.510 4M.510 511
lUlli:IOCK, TX 79424
ll)27442 Z-llAil-4 LTD I"'llOX 830 61061\6TH ST, LUBBOCK, TX 79424 VALENCIA L33 80,200 80.200 ~M
WOLFFORTH, TX 7'l382
105 $ 19 701.506 19 533.361