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HomeMy WebLinkAboutResolution - 2007-R0021 - Dissolve Vintage Township Public Improvement District - 01/12/2007Resolution No. 2007-80021 January 12, 2007 Item No. 6.7 A RESOLUTION OF THE CITY OF LUBBOCK, TEXAS DISSOLVING THE VINTAGE TOWNSHIP PUBLIC IMPROVEMENT DISTRICT CREATED PURSUANT TO CITY RESOLUTION NO.. 2005-RO590 ON DECEMBER 15, 2005 WHEREAS, the City of Lubbock, Texas (the "City") is authorized under the Public Improvement District Assessment Act, Chapter 372, Texas Local Government Code, as amended (the "Act") to dissolve a public improvement district previously created pursuant to the Act; WHEREAS, Stellar Land Company, Ltd. and Vintage Land Company, Ltd. submitted and filed with the City Secretary of the City that certain Petition for the Dissolution of Vintage Township Public Improvement District Created Pursuant to City Resolution No. 2005-RO590 on December 15, 2005, as amended on February 24, 2006 by Resolution No. 2006 -ROI OO (the "Dissolution Petition") requesting the dissolution of the existing Vintage Township Public Improvement District (the "District"), the boundaries of which are set forth on Exhibit A attached hereto (the real property located within the District shall be referred to as the "Land"); WHEREAS, the City Council of the City (the "City Council") received the Petition signed by the owners of more than 50% of the appraised value of the taxable real property and more than 50% of the area of all taxable real property within the District, and found that the Petition complied with the Act and that the City Council was authorized to consider the dissolution of the District; WHEREAS, no indebtedness to pay for the public improvements contemplated for the District has been incurred by the City; WHEREAS, the petitioners submitted the Dissolution Petition in order to request that the City Council dissolve the existing District and create a new public improvement district under the Act encompassing the Land that provides for public improvement projects not included in the original or amended petition requesting the creation of the District or the City Council's resolutions establishing the District; WHEREAS, the City Council finds and determines that the dissolution of the District in order that a new public improvement district encompassing the Land may be created is necessary for the efficient and effective development of the Vintage Township Residential Community; WHEREAS, the City Council desires to dissolve the District; WHEREAS, after providing all notices required by the Act, the City Council on the date hereof conducted a public hearing on the advisability of dissolving the District; and WHEREAS, the City Council adjourned and closed such public hearing. Resolution 1-12-07 Dissolving PID NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LUBBOCK, TEXAS, THAT: Section 1. Findings. The findings set forth in the preamble of this Resolution are hereby found to be true and correct and are incorporated in the body of this Resolution as if copied in their entirety. Section 2. Boundaries. The boundaries of the District are set forth in Exhibit A. Section 3. Advisability of District Dissolution. It is advisable to dissolve the District in order that a new public improvement district may be created for the Vintage Township Residential Community. Section 4. District Dissolved. The Vintage Township Public Improvement District created pursuant to City Resolution No. 2005-RO590 on December 15, 2005, as amended on February 24, 2006 by Resolution No. 2006-RO100, is hereby dissolved. Section 5. Notice of District Dissolution. The City's staff is directed to give notice of the dissolution of the District by publishing a copy of this Resolution once in a newspaper of general circulation within the City. Section 6. Effective Immediatel . This Resolution shall take effect immediately from and after its passage and it is accordingly so resolved. PASSED AND APPROVED this 12th day of January, 2007. DAVID A. MILLER, MAYOR ATTEST: yt/ City Secretary APPROVED AS TO CONTENT: Rob Al 'son Assistant City Manager Development Services Resolution 1-12-07 Dissolving P@ -2- Resolution No. 2007-R0021 EXHIBIT A DESCRIPTION OF THE LAND METES AND BOUNDS DESCRIPTION for a 275.539 acre tract of land located in Section 23, Block E-2, Lubbock County, Texas, being further described as follows: BEGINNING at a point in the North line of Section 23, Block E-2, Lubbock County, Texas, which bears S. 89°57'29" W. an approximate distance of 962.23 feet from the Northeast corner of said Section 23, Block E-2; THENCE S. 00°02'31" E. an approximate distance of 260.42 feet to a point; THENCE S. 45000'03" E. an approximate distance of 153.42 feet to a point; THENCE S. 44059'57" W. an approximate distance of 90.00 feet to a point; THENCE S. 45°00'03" E. an approximate distance of 785.85 feet to a point; THENCE N. 4405957" E. an approximate distance of 102.16 feet to a point; THENCE S. 45000'03" E. an approximate distance of 18.52 feet to a point; THENCE N. 89059'57" E. an approximate distance of 160.00 feet to a point; THENCE S. 00000'03" E. an approximate distance of 164.00 feet to a point; THENCE N. 89459'57" E. an approximate distance of 115.99 feet to a point in the East line of said Section 23, Block E-2; THENCE S. 00400'33" W., along the East line of said Section 23, Block E-2, an approximate distance of 1393.30 feet to a point; THENCE N. 89059'27" W. an approximate distance of 219.97 feet to a point; THENCE S. 00400'01" E. an approximate distance of 154.70 feet to a point in the South line of the North Half of said Section 23, Block E-2; THENCE S. 89°58'41" W., along the South line of the North Half of said Section 23, Block E-2, an approximate distance of 4746.31 feet to a point; THENCE N. 00402'31" W. an approximate distance of 253.91 feet to a point; THENCE S. 89057'29" W. an approximate distance of 119.63 feet to a point; LUB200/58000 Dissolution Resolution 1-12-07 Dissolving PID A- I THENCE N. 00003'33" W. an approximate distance of 1078.00 feet to a point; THENCE S. 89057'29" W. an approximate distance of 210.00 feet to a point in the West line of said Section 23, Block E-2; THENCE N. 00003'33" W., along the West line of said Section 23, Block E-2, an approximate distance of 381.00 feet to a point; THENCE N. 89057'29" E. an approximate distance of 426.03 feet to a point; THENCE S. 00°02'31" E. an approximate distance of 90.00 feet to a point; THENCE N. 89°57'29" E. an approximate distance of 187.88 feet to a paint; THENCE N. 00°02'31" W. an approximate distance of 90.00 feet to a point; THENCE N. 89057'29" E. an approximate distance of 275.00 feet to a point; THENCE N. 00°02'31" W. an approximate distance of 300.00 feet to a point; THENCE N. 89057'29" E. an approximate distance of 90.00 feet to a point; THENCE N. 00°02'31" W. an approximate distance of 19.00 feet to a point; THENCE N. 89057'29" E. an approximate distance of 184.00 feet to a point; THENCE N. 00°02'31" W. an approximate distance of 135.00 feet to a point; THENCE S. 89057'29" W. an approximate distance of 184.00 feet to a point; THENCE N. 00°02'31" W. an approximate distance of 28.00 feet to a point; THENCE S. 89057'29" W. an approximate distance of 90.00 feet to a point; THENCE N. 00°02'31" W. an approximate distance of 445.00 feet to a point in the North line of said Section 23, Block E-2; THENCE N. 8905729" E., along the North line of said Section 23, Block E-2, an approximate distance of 3447.55 feet to the Point of Beginning. Bearings relative to HRA. Lubbock County Coordinate System, derived from NAD 83, CORS 96, Epoch 2002.0000. Lambert grid at surface. Grid Origin: 33'23'00"N, 101'49'14" W False Northing: 0.00 U.S. Survey Feet False Easting: 80,000 U.S. Survey Feet LUB200158000 Dissolution Resolution 1-12-07 Dissolving PID A-2 Parallel 1: 33°45'14.17" N Parallel 2: 33°27`42.83" N Ellipsoid data: (modified GRS 80) Semi -Major Axis: 6379088m Semi -Minor Axis: 6357700.125617m 1/f: 298.2572220955 PREPARED TO ESTABLISH JURISDICTIONAL LIMITS ONLY. DOES NOT REPRESENT AN ACTUAL SURVEY. LUB20W58000 Dissolution Resolution 1-12-07 Dissolving YID A-3