HomeMy WebLinkAboutOrdinance - 2016-O0118 - Assessment Roll For North Overton PID - 08/25/2016First Reading
August 11, 2016
Item No. 5 .3
ORDINANCE NO. 2016-00118
Second Reading
August 25, 2016
Item No. 6.1
AN ORDINANCE REVIEWING CLASSIFICATIONS FOR THE METHODS OF
ASSESSING SPECIAL BENEFITS FOR THE SERVICES AND IMPROVEMENTS
OF PROPERTY IN THE NORTH OVERTON PUBLIC IMPROVEMENT
DISTRICT; APPROVING, ADOPTING AND FILING WITH THE CITY
SECRETARY THE ASSESSMENT ROLL; CLOSING THE HEARING AND
LEVYING 2016 ASSESSMENTS FOR THE COST OF CERTAIN SERVICES AND
IMPROVEMENTS TO BE PROVIDED IN THE DISTRICT DURING FY 2016-17;
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 th e
creation of public improvement districts; and
WHEREAS, On October 9, 2003 the City Council passed Resolution No.2003-R0468 ,
attached hereto as Exhibit A, which made certain findings concerning the advisability of
creating the North Overton 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 October 23, 2003, the City Council passed Resolution No. 2003-R0492 ,
approving the Service and Assessment Plan (the "Plan"), which has been reviewed and
revised each year when necessary. Exhibit B, attached hereto, contains a revised 2016 Plan
for the District ; and
WHEREAS, the Act requires that the City Council review the Plan; prepare a proposed
assessment roll (the "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 11, 2016, 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 2016 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 2016 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
North Overton PID Assessment Ordinance -2016 Page I
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 which is attached hereto 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 $100.00 valuation for year 2011 through
2020, as determined by the Lubbock Central Appraisal District, of the property or
improvements to the property located in the District; are reasonable and adequate .
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 as set forth 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 2016 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. All property zoned commercial and
high-density residential under the City of Lubbock Zoning Ordinance have been
assessed on an annual basis beginning January 1, 2004. All single-family and duplex-
zoned property are assessed on a block-by-block basis determined by the public
improvements to be maintained by the District's funds which are completed and
existing in that block on January 1 of each year.
SECTION 3: The City Council hereby approves, adopts and files with the City
Secretary the Roll. 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 11, 2016 at 5 :30
p.m. in the City Council Chamber, 1625 13th Street, Lubbock, Texas was published in
the official newspaper of the City of Lubbock, Texas before the 101h 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
North Overton PID Assessment Ordinance -2016 Page 2
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 10 111 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 2016 city net taxable value in the manner described in the
assessment attached hereto in Exhibits Band 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, 2017 except
as provided in Sections 3 l.02(b), 31.03, and 31.04 of the Texas Property Tax Code. A
delinquent assessment incurs a penalty of six percent of the amount of the assessment
North Overton PID Assessment Ordinance -2016 Page 3
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 I of the year in which
it becomes delinquent. However, an assessment delinquent on July I 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 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_A_u_.g.._u_s_t_l_l""", 2_0_1_6 _______ _
Passed by the City Council on second reading on_A_u"""gu_s_t_2_5 .... , _2_0_16 ______ _
DANIEL M. POPE, MAYOR
North Overton PID Assessment Ordinance -2016 Page 4
ATTEST:
APPROVED AS TO CONTENT:
Cheryl Brock, Executive Director of Budget
APPROVED AS TO FORM:
Justin
Ord. North O\'erton PIO Ordinance 2016 Assessment -7.27.16
July 27 , 2016
North O\'erton PID Assessment Ordinance -2016 Page 5
0 EXHIBIT A
RESOLUTION
i
( llesolutioa Ho. 2003-ll0468
October 9. 2003
Itea Ho. 75
WHEREAS. a petition bas been received from the record owners of taxable real
erty representing more than SO percent of the appraised value (as detennined by the
ost recent certified appraisal roll for Lubbock County) of an area within the City of
ubboclc, in North Overton generally bounded by the Marsha Sharp Freeway on the
orth. University Avenue on the west, Broadway on the south and the alley between
venue Rand Avenue Q on the east, AND owners of not less than fifty percent (50%) of
area of all taxable real property that is liable for assessment under the proposal;
uesting establishment of a North Overton Public Improvement District under Section
372.005 of the Public Improvement District Assessment Act for the purpose of enhancing
security and public safety. providing maintenance of landscaping in the public rights-of-
way, and providing public trolley service, all in accordance with the Act; and
WHEREAS, the petition, a copy ofwbich bas been attached as Exhibit "A," 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 North Overton Public Improvement
District within the city limits of the City of Lubbock are described in the attachment
designated as Exhibit 118" and shown on the map attached hereto as Exhibit 11C" ; and
WHEREAS, the City bas called a public bearing to hear public comments on the
advisability of the proposed public improvement district and its benefits to the City and
the property in the proposed Tax Increment Financing Reinvestment Zone; and
WHEREAS, notice of such public bearing was published in the Lubbock
Avalanche-Journal. a daily paper of general circulation in the City, such publication date
being before the 15th day before the date of the public hearing stating the time and place
of the bearing, the general nature of the proposed improvement, the estimated cost of the
improvements, the boundaries of the proposed assessment district, the proposed method
of assessment, and the proposed 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 15th day before the date of the hearing to the current addresses of
Narth Ovc:nan Pm Findings
Pa;c I
0 EXHIBIT A d
c owners, as reflected on the tax rolls, of property subject to assessment wider the
sed public improvement district; and
WHEREAS, such bearing was convened at the time and place mentioned in the
ublished notice, on the 9th day of October, 2003, at 11: 15 o'clock a.m., in the Council
Chamber of the City of Lubbock, Texas; and
WHEREAS, the City, at such hearing, invited any interested person, or his/her
·representative, to appear and speak for or against the authorization of the North Overton
Public hnprovement District, the boundaries of the proposed Public Improvement
District, whether all or part of the territory which is described in Exhibit "B" attached
hereto and depicted on the map attached hereto as Exhibit "C" should be included in such
proposed North Overton 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 the costs between the district and the I city as a whole; and
WHEREAS, all owners of property located within the proposed Tax Increment
Financing Reinvestment Zone and all other taxing units and other interested persons were
given a reasonable opportunity at such public hearing to protest the authorization of the
proposed North Overton Public Improvement District and/or the inclusion of their
property in such Tax Increment Financing Reinvestment Zone; and
WHEREAS, the proponents of the North Overton Public Improvement District
offered evidence, both oral and documentary, in favor of all of the foregoing matters
relating to the creation of the North Overton Public Improvement District, and opponents
of the North Overton 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 COUNCll.. OF THE CITY OF LUBBOCK:
SECTION I: THAT the facts and recitations contained in the preamble of this
ordinance are hereby found and declared to be true and correct
Noltb Ovcnon Pm Fiadillp
Pasc2
I
,I
0 EXHIBIT A 0
SECTION 2: THAT the City Council, after conducting such hearing and having
d such evidence and testimony, has made the folJowing findings and determinations
ased on the evidence and testimony presented to it:
a) That the public hearing on the advisability of authorizing the North Overton
Public Improvement District has been properly caJled, held and conducted and
that notice of such bearing has been published and mailed as required by Jaw
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 North Overton Public Improvement
District with boundaries as descnbed in Exhibits 11B" and 11C" for the purpose
of enhancing security and public safety, providing maintenance of landscaping
in the public rights-of-way, and providing public trolJey service is advisable
and will result in benefits to the City, its residents, and property owners, in
general, and to the property, residents and property owners in the North
Overton Public Improvement District
c) That the total estimated cost of services and improvements proposed to be
provided by the District is approximately $852,000 over the next five (S)
years, and that the estimated annual cost rises &om $86, 100 in the first year to
$254, 700 in year five (5).
d) That the costs are based on a proposed assessment rate of S.IS per $100.00 of
valuation through year 2010, decreasing to S0.10 per S 100.00 of valuation in
year 2011. Assessments to cover estimated costs of enhanced services and
improvements are proposed to be applied to newly developed areas during the
early years and during the later years will be applied to currently existing
properties as enhanced services and improvements are completed in the blocks
containing those properties.
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.
Nonh Overton PU> Findinp
~e]
0 EXHIBIT A 0
SECI'ION 3. That the City hereby authorizes, under Sections 372.0061 372.010,
and 372.041 of the Act, a public improvement district over the area described in Exhibit
"8° attached hereto and depicted in the map attached hereto as Exhibit "C" and such
public improvement district shall hereafter be identified as the North Overton Public
Improvement District, City of Lubbock, Texas.
SECTION 4: That the City Council shall be the governing board for the North
I Overton Public Improvement District
SECTION 5: That notice of this authorization for the North Overton 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.
PASS ED by the City Council this 9th day of October, 2003.
ATI'EST:
~ ... h-r Rebe G8i'Z8, City Secretary
Craig F r, anaging Director
of Planning and Transportation
T.J. PRSON,
SENIOR COUNCIL MEMBER
No.th 0vcnon rm Findings
l'Dsc4
0 EXHIBIT A
APPROVED AS TO FORM:
~~ ~~L--~-./
Linda L. Cbamales
Supervising Attorney, Office Practice
LC:/Cil)'SU/Llncf&INO PID Radlnp
Ocll>bet 9, 2003
0
Nonh Ovaton PIO rU1dinp
PoacS
0 EXHIBIT A ( .!&OlUtiOD !lo• 2003-Jl0468
Exhibit "A"
PETITION TO CREATE THE NORTH OVERTON
PUBLIC IMPROVEMENT DISTRICT
TO THE HONORABLE MAYOR AND MEMBERS OF THE LUBBOCK CITY COUNCIL:
The undersigned ("Pelltloners1 who are the owners of real property In the hereinafter described
District respectfuUy file this peUtlon (the •petlllonj requesting the City Council of Lubbock, Texas to find
that the following District Is advisable and necessaiy and would promote lhe Interests of the City and to
establish the public Improvement district In accordance with Chapter 372 of the Texas Local Government
Code (the •Acti.
Signature of person signing for owner
Printed name of owner
Owner's printed name, ff different from signer
Signer's relaUon to owner, If not owner
Signecs malling address
Signer's day Ume phone number
Date
By execuUng this petfUon, the foregoing person represents and warrants that he or she Is authorized to
execute the PetlUon on behalf of the property owner named above. The property(-ies) of the owner are
located at the following address(es) within the District or at the addresses within the District Osted on the
attached sheet.
Property Address(as)
STATE OF TEXAS (SPECIFIY IF OTHER) §
§
COUNTY OF LUBBOCK (SPECIFY IF OTHER) §
This Instrument was ACKNOWLEDGED before me this_ day of ____ _. 2002 by
Notary Pubic. Slate of Texas (Seal)
Printed name of Notary Public _______ _
My commission expires _________ _
Please return the signed, notarized petition to:
Rob Allison, Business and Neighborhood Development Manager,
City of Lubbock, P 0 Box 2000, Lubbock, TX 79457.
0 EXHIBIT A 0
NORTH OVERTON PUBLIC IMPROVEMENT DISTRICT {PIO)
The proposed North Overton Public Improvement Olsbict (PIO) generally covers the same boundary as
the Tax Increment Financing District, but Is sllghUy smaller as shown on the attached map. The purpose
of the PIO is to enhance and maintain landscaping and public Improvements within the street rfghts-of-
way, provide Increased security within the PIO area, and also potentially provide for a trolley shutUe
service.
A PIO Is funded by a small assessment based on the value of each property within the PIO. This
assessment will generate sufficient funds to pay the projected expenses of the PIO. As an example, with
an assessment of $0.10 per $100 valuation, an owner with a property valued at $100,000 would pay an
assessment of only $100 per year for the Increased landscaping end publlc Improvement maintenance,
enhanced security, and trolley service. ft Is expected that the assessment rate would be no more than
$0.10 per $100 valuation, and maybe less.
A PIO Is Initiated by property owners within the proposed PIO boundary, Indicated by their signing a
petition requesting that the City create the PIO. The petition Is sufficient If It Is signed by the owners of at
feast 50% of the appraised value of property within the PIO boundary, and owners of either of the
following: at least 50% of the area of all property within the proposed PIO boundary, 2£i at least 50% of
the number of properties within the proposed PIO boundary. An advisory body may be established to
develop and recommend an improvement plan to the City Council.
In addition to a petlUon signed by the sufficient number of owners, a five-year iniUal Service Plan must be
prepared which ouUlnes (among other things) the proposed services to be provided, management of the
district, and the proposed method of assessment and apportionment of costs required to fund those
services. Following submission of the peUUon and Ave-year Service Plan, the City Council then holds a
publlc hearing to discuss and receive comments regarding eslabHshment of the PIO. Each property
owner within the proposed PIO will receive written notlflcaUon of this publlc hearing.
At a subsequent meeting, the City Council then approves a Resolution which establishes the PIO, the
proposed services and costs, and the method of assessmenl Normally, a majority vote of Council ls
saUsfactory.
The PIO approval process normally takes about 4-5 months after submission of the petition to the City.
Based on this time requirement, It Is expected lhat If approved, the North Overton PIO would take effect
July 1, 2003.
0 EXHIBIT A (...asolution Ro. 2003-ll0468
North Overton Public Improvement District
Proposed Boundary Description
ExhibltB
Beginning at the northwest comer of the intersection of 10th Street and University
Avenue;
Then north along the western right-of-wa; of University Avenue to the southern right-o-
way of the alley between 4lh Street and S Streets;
Then east along the southern boundary of the alley between 4111 and 5111 Streets
approximately 350 feet then north approximately 100 feet, then east approximately 150
feet, then south approximately 31 feet, then east approximately 100 feet to the western
right-of-way of Avenue X {the western and northern boundaries of a parcel cUITCntly
described as Overton, Block 133, the south 50'ofLot 1and2 and the south 81' of Lot 3
through S);
Then south along the western right-of-way of Avenue X approximately to the southwest
comer of the intersection of the alley between 4lh and 5dl Streets and Avenue X;
Then east along the southern boundary of the alley between 4th & 51h Streets to the
southeast comer of the alley intersection at Avenue W;
Then north approximately 100 feet then east approximately 600 feet to the western right-
of-way of Avenue V {the western and north boundaries of two parcels currently descnoed
as Overton, Block 64, south 78.8' of Lots 1-6 and Block 64, south 78.8' of Lots 7-12);
Then south along the western ri.fht-of-way of Avenue V to the southwest comer of the
intersection of Avenue U and S Street;
Then east along the southern rift-of-way of 5th Street to the southeast comer of the
intersection of Avenue U and 5 Street;
Then north along the eastern right-of·way of Avenue U to the southeast comer of the
intersection of the alley between 4lh and 51h Streets;
Then east along the southern boundary of the alley to the southwest comer of the
intersection of the alley and Avenue R;
Then south alon~ the west right-of-way of Avenue R to the southwest comer of the
intersection of S Street and Avenue R;
Then east along the sou them right-of-way of 5lh Street to the southwest comer of the
right-of-way of the alley between Avenue Rand Avenue Q;
Then south along the western right-of-way of the alley between Avenue R and Avenue Q
to the northern right·of-way of 6th Street;
0 EXHIBIT A 0
Then west to the northwest comer of the intersection of <i1' Street and Avenue R;
Then south alon! the west right-of-way of Avenue R to the southwest comer of the
intersection of 7 Street and Avenue R;
Then east to the western right-of-way of the alley between Avenue Rand Avenue Q;
Then south along the western right-of-way of the alley between Avenue Rand Avenue Q
to the southwest comer of the intersection of the alley and 1 Oda Street;
Then south approximately 150 feet (along the eastern boundary of a parcel currently
descn"bed as Overton, Block 118, Lots 10 thru 12)
Then west approximately 1,200 feet to the northwest comer of the alley between 1 oUJ and
Main Streets at Avenue T;
Then south to the northwest comer of the intersection of Avenue T and Main Street;
Then west to the northwest comer of the intersection of Avenue U and Main Street;
Then south to the northwest comer of the intersection of the alley between Main Street
and Broadway and Avenue U;
Then west along the northern right-of-way of the alley between Main Street and
Broadway to the eastern right-of-way of Avenue W;
Then north to a point parallel to the northern right-of-way of the alley between Main
Street and 10th Street,
Then west along the northern boundary of the alley to the eastern right-of-way of Avenue
x,
Then north to the northeast comer of Avenue X and 1 olh Street;
Then west to the point of beginning.
2
EXHIBIT A ( eaoluti.ou Ho. 2003-U468
i ~~:t.litl'~~~'WM1Mt41
~~·=====~.~~-~
North Overton Public Improvement District
=~~.;.;o,:~•nt June 2003 Exhibit C
7/28/2016
Method of Assessment
EXHIBIT B
City of Lubbock, TX
Finance Department
North Overton PID Assessment and Service Plan
Properties will be assessed based on the City's 2016 "net taxable value" as established by the Lubbock Central Appraisal District and submitted to the City under Tax
Code Section 26.04. Exhibit D reflects an estimation of assessments based on the preliminary 2016 values, however, the actual assessment will be based on the final
2016 net taxable values.
Assessment will be $0.18/$100.00 valuation.
All property zoned commercial and high -density residential under the City of Lubbock's Zoning Ordinance will be assessed beginning January I, 2004.
All single-family and duplex-zoned property will be assessed on a block-by-block basis. Assessment will begin for property in a single-family or duplex-zoned
Service Plan
Calendar Year
Property Values •
Discounted Property Values
Fiscal Year Revenues
Interest Earnings
Assessmenl @ SO 18
Total
E1pt1H'5
Lighting
Landscape
Repairs
Annual Operating Cost
Administrative Costs
Subrogation Reimbursement
Total
Cash Reserve
Actual
2013
285,905,478
285,905,478
2013-14
857
563,073
563,930
28,056
364,340
9,886
4,278
9,689
(7,009)
409,241
278,361
2014 2015 2016
317,752,343 316,751,050 431,696,438
317,752,343 316,751,050 346,751,050
2014-15 2015-16 2016-17
2,441 779 1,008
572,099 574,985 624,152
574,541 575,764 625,160
47,353 45,000 50,000
408,361 465,155 470,000
14,760 75,000
7,141 5,000 8,000
3,281 41 ,276 60,000
(11,900) -
468,995 556,432 663,000
383,907 403,239 365,399
• The total column includes prior year amounts that are hidden and do not sho"'' on lhe spreadsheet.
Assessment Information
2004-2007
Assessment per $I 00,000
2008-2010
Assessment per $100,000
2011-2020
Assessment per $100,000
Proposed
2017 2018 2019
453,281,260 475,945,323 499,742,589
364,088,603 382,293,033 401,407,684
2017-18 2018-19 2019-20
913 859 847
655,359 688,127 722,534
656,273 688,986 723,381
51,500 53,045 54,636
479,400 488,988 498,768
77,250 79,568 81,955
8,240 8,487 8,742
61,800 63,654 65,564
-
678,190 693,742 709,664
343,482 338,726 352,443
S \budget\Bus1ncss Developmcnt\PlD\North Overton PID\2016 Ordinancc\2016 Assessment and Service Plan -NO
2020 Totals
524,729,718 s 524,729,718
421,478,068 421,478,068
2020-21 Totals*
881 1,753,461
758,661 6,044,517
759,542 7,797,978
56,275 557,086
508,743 5,855,971
84,413 422,831
9,004 95,288
67,531 397,407
(28,963)
725,966 7,446,001
386,018 s 386,018
EXHIBIT C
Cily of Lubbock, TX
Finance Department
North Ovenon Public Improvement District Assessment Roll
As of January I, 2016
2016 Taxable 2016 Market 2016 Esllma1ed
Property ID Owner Name Malling Address Exemptions Property Address Legal Description Value Value Assessment*
R323539 JACKIE MOON PROPERTIES LLC 8230 URBANA A VE 2323 MAC DAVIS LN, LUBBOCK, TX 79401 OVERTON PARK TR 5BI s 1,614,976 1,614,976 2,907
LUBBOCK, TX 79424-4<J<J7
R317826 LAWRENCE FAMILY LIMITED 35<J<J WARNER DR 2411 GLENNA GOODACRE BLVD, LUBBOCK, TX 79401 OVERTON PARK TR ICI 1,355,657 1,355,657 ?,44 0
PARTNERSHIP SAN JOSE, CA 95127-4428
R315291 1859 MANAGEMENT PTRS LP 2302 POST OFFICE ST 2320 MAC DAVIS LN, LUBBOCK, TX 79401 BUILDING ONLY OVERTON PARK 14,473,413 14,473,413 M ,052
#STE 500 TR 7A (LEASEHOLD INT)
GALVESTON, TX 77550
R314161 MURPHY OIL USA INC #7359 ATTN ADVALOREM TAX DEPT 1809 MARSHA SHARP FWY, LUBBOCK, TX 79401 OVERTON PARK TR 14A2 )5,009 35,00'l 6)
200 PEACH ST
PO BOX 7300
ELDORADO, AR 71731
R312455 MC VISTA DEL LAGO LLC 4605 21ST ST 2102 MAIN ST, UNIT #2, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG I UNIT 143 ,85? 143,852 25 9
LUBBOCK, TX 79407 2 & l /45TH UND INT IN COMM AREA
MAIN ST CONDOS
R312458 LEVINE, ADAM 5302 I ITH ST 2!02 MAIN ST, UNIT #5, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG I UNIT 14),852 143,852 259
137 5 & l /45TH UND INT IN COMM AREA
LUBBOCK, TX 79416 MAIN ST CONDOS
R312466 LLANELL Y ENTERPRISES INC 2104 MAIN ST 2104 MAIN ST, UNIT #8, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 2 UNIT 138,790 138,790 ?50
8 8 & l/45TH UND INT IN COMM AREA
LUBBOCK, TX 7940 I MAIN ST CONDOS
R312469 ROY REAL ESTATE GROUP LLC 3908 I IOth ST 2106 MAIN ST, UNIT #1, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 3 UNIT 143,852 14J,852 259
LUBBOCK, TX 79423 I & 1145TH UND INT IN COMM AREA
MAIN ST CONDOS
R312478 4 BAR ENTERPRISES LLC 96CASA LN 2106 MAIN ST, UNIT #10, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 3 UNIT 143,852 14 .\,852 259
COLLEYVILLE, TX 76034 IO & 1145TH UND INT IN COMM
AREA MAIN ST CONDOS
R312489 NEWSOM MIKELLA & JOHN 8IOI CR 6920 2110 MAIN ST, UNIT #I, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 5 UNIT 142,003 142,003 256
LUBBOCK, TX 79407 I & 1/45TH UND INT IN COMM AREA
MAIN ST CONDOS
R312492 DUNHAM ALLISON B & CINDY F & MICHAEL G DUNHAM 21 IO MAIN ST, UNIT #4, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 5 UNIT 142,616 142.6 16 257
305 NE LOOP 820 4 & l/45TH UND INT IN COMM AREA
SUITE500 MAIN ST CONDOS
HURST, TX 76053
R312495 BIBBY, JAMES 2112 MAIN ST 2112 MAIN ST, UNIT#2, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 6 UNIT 14 2.6 16 H ?,6 16 ?57
#APT2 2 & l/45TH UND INT IN COMM AREA
LUBBOCK, TX 7940 I MAIN ST CONDOS
R312525 TRAVELERS INN LLC 6021 AVENUE A OVERTON PARK Wl44.5' OF TR I 9A l<J<J,560 l<J<J,560 359
LUBBOCK, TX 79404
EXHIBITC
City of Lubbock, TX
Finance Department
Nonh Overton Public Improvement District Assessment Roll
As of Januruy I, 2016
2016Taxable 2016 Market 2016 Estimated
Property ID OwntrName l\lalllag Address Exrmptions Property Address Legal Description Value Value Assessment•
R311405 RPS 6TH & UNIVERSITY LTD PTRSHP % MAESTAS & WARD 607 UNIVERSITY AVE, LUBBOCK, TX 79401 OVERTON PARK TR 2A2 s 2,292,584 2,292,584 4,127
PROPERTY MANAGEMENT
PO BOX 91090
ALBUQUERQUE, NM 87199
R311408 TECH SLICE PIE LLC 8525 JEFFERSON ST NE 905 UNIVERSITY AVE, LUBBOCK, TX 79401 OVERTON PARK TR 183 2,094,967 2,094,967 3,771
ALBUQUERQUE, NM 87109
R311423 GREEN TIM HOMES INC PO BOX 64155 2103 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK I L2 14,700 1000 26
LUBBOCK, TX 79464-4155
R311433 MORGAN, SHEREE 2115 IOTH ST 2115 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK I L 8 193,187 193,187 348
LUBBOCK , TX 79401
RJl 1436 BMWTX HOLDINGS INC 4947 HAWK RD 2121 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK I L 11 184,787 184,787 m
GRAHAM , TX 76450
R311439 JONES, KENDALL N 2127 IOTH ST 2127 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK I L 14 193,187 19.J,187 )48
LUBBOCK, TX 7940 I
R311447 MC CANTO N WOODS LC 5001 W LOOP 289 210 I 9TH ST, LUBBOCK, TX 7940 I OVERTON PARK BLK 2 L I 24,457 24,457 44
LUBBOCK, TX 79416
R311 487 FRANCO, LINDA 2111 GLENNA GOODACRE BLVD HS 2111 GLENNA GOODACRE BLVD, LUBBOCK, TX 79401 OVERTON PARK BLK 3 L 6 336,833 336,833 606
LUBBOCK, TX 7940 I
RJl 1493 WILSON, DA V!D N 2123 GLE NNA GOODACRE BLVD 2123 GLENNA GOODACRE BLVD, LUBBOCK, TX 79401 OVERTON PARK BLK 3 L 12 288,576 288,576 519
LUBBOCK, TX 79401
R309100 SMITH FAMILY INVESTMENTS LLC PO BOX 13185 801 UNIVERSITY AVE, LUBBOCK , TX 79401 OVERTON PARK TR IA 3,140,145 3,140,145 5,652
PALM DESERT, CA 92255
R305406 2012 MAIN STREET LC 500 I W LOOP 289 2012 MAIN ST, LUBBOCK, TX 7940 I OVERTON PARK TR 13 5,156,164 5,156,164 9.281
LUBBOCK. TX 79414
R305858 TAHILRAMANI FAMILY TRUST 2 CORSICA 2101 MAIN ST, UNIT #2, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG I UNIT 177,550 177,550 320
IRVINE, CA 92614 2 & I /36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305862 SJV PARTN ERS LLC 8 LA PROMESA CIR 2101 MAIN ST, UNIT #5, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG I UNIT 177.550 177.550 320
ODESSA, TX 79765 5 &. l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
EXHIBITC
City of Lubbock, TX
Finance Depanment
North Overton Public Improvement District Assessment Roll
As of January I, 2016
2016 Taxable 2016 Market 2016 Estimated
Property ID Owner Name Mailing Address Exemptions Property Address Legal Description Value Value Assessment*
R305865 CHEAK, DAVID T 3431 LIMESTONE SKY CT 2J05 MAIN ST, UNIT #2, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 2 UNIT s 177,550 177,550 320
HOUSTON, TX 77059 2 & 1136TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305868 MITROWSKI ANDREW & LUCINDA 9826 SAGE LEE DR 2J05 MAIN ST, UNIT #5, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 2 UNIT 177,550 177,550 320
HOUSTON, TX 77089 5 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305871 BROUSSARD, WILLIAM A I 0608 POINTE VIEW DR 2109 MAIN ST, UNIT #2, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 3 UNIT 177,550 177,550 320
AUSTIN, TX 78738 2 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305874 HOMER PATRICK & SONNIE & 2109 MAIN ST 2109 MAIN ST, UNIT #5, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 3 UNIT 177,550 177,550 320
MORGAN #UNIT 5 5 & l/36TH UNO INT IN COMM AREA
LUBBOCK, TX 79401 MAIN ST CONDOS
R305882 LARI, KAMRAN 2115 MAIN ST 2115 MAIN ST, UNIT #I, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 5 UNIT 177,550 177,550 320
#APT I I & l/36TH UNO INT IN COMM AREA
LUBBOCK, TX 79401 MAIN ST CONDOS
R305888 AMERICO LTD 3225 S MC LEOD 2119 MAIN ST, UNIT #I, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 6 UNIT 174,000 174,000 313
#STE JOO I & 1136TH UNO INT IN COMM AREA
LAS VEGAS, NV 89121 MAIN ST CONDOS
R305891 BACH JANEK & GEORGE L 1405 CLUBHILL DR 2119 MAIN ST, UNIT #4, LUBBOCK, TX 7940 I OVERTON PARK TR 11 BLDG 6 UNIT 177,550 177,550 320
ROCKWALL, TX 75087-2359 4 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R72801 CH RETAIL FUND I LUBBOCK 3819MAPLEAVE 406 AVE X, LUBBOCK, TX 79401 OVERTON PARK TR 3BI 103,285 !03,285 186
OVERTON LP DALLAS, TX 75219
R64656 BYRD, RONNIE 5611 SAVEQDR 17!0 9TH ST, LUBBOCK, TX 79401 OVERTON BLK 114 L 6 THRU 8 390,432 390,432 70)
LUBBOCK, TX 79412
Rl74540 CENTRE LUBBOCK TX LLC 999 S SHADY GROVE RD 2400 GLENNA GOODACRE BLVD, LUBBOCK, TX 79401 OVERTON PARK TR 2B 30,060,871 30,060,871 54,l IO
#STE 600
MEMPHIS, TN 38120
R322434 ACCOPLLC PO BOX 530292 OVERTON PARK TR 32 3,455,569 3,455,569 6,:!1(}
BIRMINGHAM, AL 35253
R320872 GFC LEASING CORP LLC 1131 ROCKINGHAM DR 804 AVE X, LUBBOCK, TX 79401 OVERTON PARK TR IC3A 1,139,372 1,139,372 2,0.11
#STE 250
RICHARDSON, TX 75080-4326
R313204 LUBBOCK CITY OF PO BOX 2000 EXG 2320 MAC DAVIS LN, LUBBOCK, TX 79401 OVERTON PARK TR 7A (LESS BLDG 1,004,530
LUBBOCK, TX 79457-0001 ONLY)
EXHIBITC
City of Lubbock. TX
Finance Department
North Ovenon Public lmprovemenl District Assessment Roll
As of January I, W16
2016Taxabl< 2016 Marl<rt 2016 Esllm•led
Pro11<rtY ID OwnrrNamr l\lailing Addrrss Eumptlons Propu1y Address Legal Drscrlptioa Valur Value Assessment•
RJl3541 SUITES LUBBOCK TX LLC 1075 MADISON A VE 2302 GLENNA GOODACRE BLVD. LUBBOCK. TX 79411 OVERTON PARK TR SA s 31,171,057 31,171,057 57,908
MEMPHIS, TN 38104
RJl1454 BRYDON DONALD R & KAREN R 7106 HOVINGHAM 1101 MAIN ST, UNIT #I, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG I UNIT 14),851 143.851 259
SAN ANTONIO, TX 78157 I & I /45TH UNO INT IN COMM AREA
MAIN ST CONDOS
RJl1463 CARRINGTON, MORRIS C 4820 ASHLAND 1104 MAIN ST, UNIT #5, LUBBOCK. TX 79401 OVERTON PARK TR 12 BLDG 2 UNIT 143,851 14 3,85 1 259
BEAUMONT, TX 77706 5 & l/45TH UNO INT IN COMM AREA
MAIN ST CONDOS
RJl1480 FELTENBERGER, JOHN D 1108 MAIN ST 1108 MAIN ST, UNIT #1, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 4 UNIT 141,616 141,616 2.57
#APT! 2 & l/45TH UND INT IN COMM AREA
LUBBOCK , TX 79401 MAIN ST CONDOS
RJl1491 GERSTNER MICHAEL J & SUZANNE 1110 MAIN ST 1110 MAIN ST, UNIT #3, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 5 UNIT 137,608 137,608 148
M #UNIT 3 BLDG 5 3 & l/45TH UND INT IN COMM AREA
LUBBOCK, TX 79401 MAIN ST CONDOS
RJl1494 PORTER ALBERT & PATTI 7115 WILD VALLEY 1111 MAIN ST, UNIT #I, LUBBOCK, TX 79401 OVERTON PARK TR 11BLDG6 UNIT 1•11.616 141,6 16 257
DALLAS, TX 75131 I & I/45TH UND INT IN COMM AREA
MAIN ST CONDOS
RJl1497 ROGERS JOSEPH DUANE & JOAN PO BOX 1497 1111 MAIN ST, UNIT #4, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 6 UNIT 142,616 141,6 16 157
PHYLLIS VERNON, TX 76385-1497 4 & l/45TH UNO INT IN COMM AREA
MAIN ST CONDOS
RJI 1407 PICKERING REAL ESTATE PO BOX 186 1407 9TH ST #100. LUBBOCK, TX 79401 OVERTON PARK TR I Bl 3.4 50,460 3,450,460 6,1 11
HOLDINGS LLC LUBBOCK, TX 79404
R311435 SIECOAST DEVELOPMENT INC 5101JEAN ST 1119 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK IL 10 184 ,787 184,787 ]])
CORPUS CHRISTI, TX 78411
R311438 VANDER DUSSEN SYBRAND J & 1167 COUNTY ROAD 7 1115 IOTH ST, LUBBOCK, TX 7940 I OVERTON PARK BLK IL 13 184,787 184,787 333
IANEMAR!EA CLOVIS, NM 88!01
RJI 1441 PRIESTLY FAMILY LTD 709 DENVER 1131 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK IL 16 113,769 223,769 403
DALHART, TX 79011
RJI 1444 SIMPSON RAYMOND W Ill & KAREN 1137 I OTH ST 1137 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK I L 19 228,486 128,486 41 1
B LUBBOCK, TX 79401
RJI 1495 STRONG RIVER LLC 969 LUCKNEY RD 1118 9TH ST, LUBBOCK, TX 79401 OVERTON PARK BLK 3 L 14 197,)47 197.347 515
BRANDON, MS 39047
EXHIBITC
City of Lubbock, TX
Finance Department
Nonh Overton Public Improvement District Assessment Roll
As of January I, 2016
2016 Taxable 2016 Market 2016 Estimated
Property ID Owner Name Mailing Address Exemptions Property Address Legal Description Value Value Assessment*
R3 I 1527 SWINBURN DALE & CHERYL 7368 CR S HS .QA 2122 GLENNA GOODACRE BLVD, LUBBOCK. TX 79401 OVERTON PARK BLK 4 L 19 s 306,249 322,949 551
TULIA, TX 79088
R309115 WAL-MART STORES TEXAS LP WAL-MART PROPERTY TAX 1801 MARSHA SHARP FWY. LUBBOCK. TX 79401 OVERTON PARK TR 17AI 40,920 40,'1?0 74
DEPT
PO BOX 8050
MS 0555
Rs:::NTnN\fll I J:' 4 D ,..,, I 'l.!.u\'\n
R305864 SCRIVENER LARRY & KARYN 641 SPEED HORSE 2105 MAIN ST. UNIT #I. LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 2 UNIT 177.550 m.sso 120
LIBERTY HILL, TX 78642 I & l/36TH UND INT IN COMM AREA
MAIN ST CONDOS
R305867 CANNONEER LANE REA TL Y LLC 16901 BROOMWEED CV 2!05 MAIN ST. UNIT #4. LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 2 UNIT 177.550 m.sso 320
AUSTIN. TX 78738 4 & l/36TH UND INT IN COMM AREA
MAIN ST CONDOS
R305870 MCCRACKEN. CRAIG A 4704 SUNDOWN RD 2109 MAIN ST. UNIT #I, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 3 UNIT 183,812 18),812 31)
FARMINGTON. NM 87401 I & l/36TH UND INT IN COMM AREA
MAIN ST CONDOS
R305873 KIROS. TSION PO BOX 2325 2109 MAIN ST. UNIT #4, LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 3 UNIT 177.550 177,550 320
BELLAIRE. TX 77402 4 & l/36TH UND INT IN COMM AREA
MAIN ST CONDOS
R305876 MANZ ANDRE & ANGELICA 18122 BILLABONG CRESCENT CT 2111 MAIN ST. UNIT #I, LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 4 UNIT 18l.S12 183,811 331
CYPRESS. TX 77429 I & l/36TH UND INT IN COMM AREA
MAIN ST CONDOS
R305879 BAO.SHENG 2111 MAIN ST 2111 MAIN ST, UNIT #4, LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 4 UNIT 177,550 177,550 320
4 4 & l/36TH UND INT IN COMM AREA
LUBBOCK, TX 7940 I MAIN ST CONDOS
R305885 TSEN TONY N & MELANIE M 172 WAMPUM WAY 2115 MAIN ST, UNIT #4, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 5 UNIT 177,SSU 177,550 l :!O
SEGUIN, TX 78155 4 & l/36TH UND INT IN COMM AREA
MAIN ST CONDOS
R305887 CHINTAKA Y ALA RA VI & PRA VEENA242 FLAGSTONE LN 2115 MAIN ST, UNIT #6, LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 5 UNIT 177,550 177 .550 320
COPPELL, TX 75019 6 & l/36TH UND INT IN COMM AREA
MAIN ST CONDOS
R305890 HERNANDEZ, ERIC E 2119 MAIN ST 2119 MAIN ST. UNIT #J , LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 6 UNIT 177,550 177 ,550 .3:!0
#UNIT 3 3 & l/36TH UND INT IN COMM AREA
LUBBOCK, TX 79401 MAIN ST CONDOS
R305893 BOSSE. FRED CHARLES 2119 MAIN ST 2119 MAIN ST. UNIT #6, LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 6 UNIT 177,550 177,550 320
#UNIT6 6 & l/36TH UND INT IN COMM AREA
LUBBOCK. TX 7940 I MAIN ST CONDOS
R303918 NAKRANI GHANSHY AM & PUJA PO BOX 202163 2101 MAIN ST, UNIT #I, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG I UNIT 183,812 183,812 331
AUSTIN, TX 78720 I & l/36TH UND INT IN COMM AREA
MAIN ST CONDOS
Proputy ID
R70693
R70723
R505:!5
Rl74542
R325897
R317827
R313542
R312456
R312462
R312468
R312479
R312482
R312485
OwnrrNamr l\laillng Addrrss
WEST LISA LASHAWN PO BOX 93553
LUBBOCK, TX 79493.3553
WEST JOEL D & LISA B PO BOX 93553
LUBBOCK, TX 79493.3553
KEVIN & TONY A COMBEST COMBEST FAMILY FUNERAL
HOMES
2210 BROADWAY
LUBBOCK, TX 7940 I
LUBBOCK TWO ASSOCIATES LLC ATTN GMH MANAGEMENT
PO BOX 530292
BIRMINGHAM, AL 35253-0292
HA VEN CAMPUS COMMUNITIES LUBBOCKLLC
3284 NORTHSIDE PKWY NW STE
500
ATLANTA, GA 30327-2335
WHATABURGER REAL ESTATE LLC ATTN REAL ESTATE
SUPREME BRIGHT LUBBOCK LLC
SPARKMAN MONNIE & JILL
ARCHER, BRUCE
DEPARTMENT
300 CONCORD PLAZA DR
SAN ANTONIO, TX 78216
15303 DALLAS PKWY
#STE 700
ADDISON, TX 75001
2102 MAIN ST
3
LUBBOCK, TX 7940 I
2104-4 MAIN ST
LUBBOCK, TX 7940 I
BEAUREGARD RICHARD & CYNTHIA6 I 2 BRAXTON CT
LEINEN CHRIS & ROBIN
MC KINNEY, TX 75071
2108 MAIN ST
#UNIT I
LUBBOCK, TX 79401
TON-THAT THU LE& DIEPTHI NGOCIOl5 FLEETWOOD PLDR
vu
BARZANI MAZEN & OMAR
HOUSTON, TX 77079
2108 MAIN ST
7
LUBBOCK, TX 79401
EXHIBITC
City of Lubbock, TX
Finance Department
North Ovenon Public Improvement District Assessment Roll
As of January I , 2016
Exemptions Proprrty Address
2418 9TH ST, LUBBOCK, TX 79401
2416 9TH ST, LUBBOCK, TX 79401
2201 MAIN ST, LUBBOCK, TX 79401
2323 GLENNA GOODACRE BLVD, LUBBOCK. TX 79401
1819 GLENNA GOODACRE BLVD, LUBBOCK, TX 79401
2412 9TH ST, LUBBOCK, TX 79401
2309 MAC DAVIS LN, LUBBOCK. TX 79401
2102 MAIN ST, UNIT #3, LUBBOCK, TX 79401
2104 MAIN ST, UNIT #4, LUBBOCK, TX 79401
2104 MAIN ST, UNIT #10, LUBBOCK, TX 79401
2108 MAIN ST, UNIT #1, LUBBOCK, TX 79401
2108 MAIN ST, UNIT #4, LUBBOCK, TX 79401
2108 MAIN ST, UNIT #7, LUBBOCK, TX 79401
2016Tanbk 2016 Markrl 2016 Esllmated
Legal Dtscriplion Valur Valur Asnssmrat•
OVERTON BLK 129 L 16 s 128,695 128,695 232
OVERTON BLK 129 L 17 128,875 128,875 232
OVERTON BLK 71 L 1-2 M ,750 M,750 117
OVERTON PARK TR 4 35,703,875 35,703,875 64,267
OVERTON PARK TR 22 22,449,687 22,449,687 40,409
OVERTON PARK TR IC2 962,750 962,750 l,73)
OVERTON PARK TR 5B2A 10,200,520 10,200,5:!0 18,36 1
OVERTON PARK TR 12 BLDG I UNIT 138,790 138,790 !50
3 & l/45TH UNO INT IN COMM AREA
MAIN ST CONDOS
OVERTON PARK TR 12 BLDG 2 UNIT 143,852 143,852 :?SQ
4 & l/45TH UNO INT IN COMM AREA
MAIN ST CONDOS
OVERTON PARK TR 12 BLDG 2 UNIT 143,852 143,852 !59
10& l/45TH UNO INT IN COMM
AREA MAIN ST CONDOS
OVERTON PARK TR 12 BLDG 4 UNIT 142 ,616 142.616 257
I & l/45TH UNO INT IN COMM AREA
MAIN ST CONDOS
OVERTON PARK TR 12 BLDG 4 UNIT 142 ,616 142,616 :!S7
4 & l/45TH UNO INT IN COMM AREA
MAIN ST CONDOS
OVERTON PARK TR 12 BLDG 4 UNIT 142,616 H 2.616 1_s1
7 & 1/45TH UNO INT IN COMM AREA
MAIN ST CONDOS
EXHIBIT C
Ci1y of Lubbock, TX
Finance Department
Nonh Ovenon Public Improvement District Assessment Roll
As of January I. 2016
2016 Taxable 2016 Markrt 2016 Esllmaled
Properly ID Owner Name l\lailing Address Exemptions Properly Address Legal Description Value Value Assessmenl*
RJl2488 KC REAL ESTATE HOLDINGS LLC 6808 79TH ST 2108 MAIN ST, UNIT #10, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 4 UNIT s 129,015 129,015 232
LUBBOCK, TX 79424 I 0 & 1145TH UNO INT IN COMM
AREA MAIN ST CONDOS
RJl2496 ATTALURI, PRADEEP K 6929 SPRING VALLEY WAY 2112 MAIN ST, UNIT #3, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 6 UNIT 137,608 137,608 248
FORT WAY, TX 76132 3 & l/45TH UNO INT IN COMM AREA
MAIN ST CONDOS
RJl2521 MC CANTON WOODS LTD 500 I W LOOP 289 1911 7TH ST, LUBBOCK, TX 79401 OVERTON PARK TR 20 890,064 890,064 1,602
LUBBOCK, TX 79416
RJll406 STICE HILL HOLDING LC 7650 OLD HAMMOND HWY 907 UNIVERSITY A VE, LUBBOCK, TX 7940 I OVERTON PARK TR IBI 1,752,613 1,752,613 J,155
BATON ROUGE, LA 70809-1221
RJI 14IO FM LUBBOCK S IC LP 25 HIGHLAND PARK VLG 1803 7TH ST, LUBBOCK, TX 79401 OVERTON PARK TR 18 2,494,046 2,494,046 4,489
100 751
DALLAS, TX 75205
R311437 SCHOENLEB WILLIAM & TAMARA 7514 WESTHAVEN DR 2123 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK IL 12 184 ,787 IB 4 ,787 lll
ROWLETT, TX 75089
R311440 TAYLOR, SHELBY L PO BOX 596 2129 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK IL 15 272,630 272,630 4QI
SUNRAY, TX 79086
RJll443 LIU DE WANG & QIONGBIN ZHU 2135 IOTH ST 2135 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK I L 18 246,723 246 ,72) 444
LUBBOCK, TX 79401
RJll446 L VONS, ASHLEY M 2141 IOTH ST 2141 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK IL 21 275,762 275 ,762 490
LUBBOCK, TX 79401
R311486 CARDWELL, J A 6080 SURETY DR 2109 GLENNA GOODACRE BLVD, LUBBOCK, TX 7940 I OVERTON PARK BLK 3 L5 3)8,637 ))8,637 6 10
#STE 305
EL PASO, TX 79905-2067
RJI 1489 MITCHELL, MARIA C 2115 GLENNA GOODACRE BLVD HS 2115 GLENNA GOODACRE BLVD, LUBBOCK, TX 79401 OVERTON PARK BLK 3 L 8 333,904 333,904 601
LUBBOCK, TX 79401-2230
R311526 MC DOUGAL CONSTRUCTION LC 5001 W LOOP 289 2124 GLENNA GOODACRE BLVD, LUBBOCK, TX 7940 1 OVERTON PARK BLK 4 L 18 18 1,14 0 181 ,140 326
LUBBOCK, TX 79416
R309112 WAL-MART REAL ESTATE BUSINESS PO BOX 8050 1911 MARSHA SHARP FWY, LUBBOCK, TX 79401 OVERTON PARK TR 14AI 16,627,329 16,627,329 29 ,929
TRUST BENTONVILLE, AR 72716-0555
EXHIBITC
City of Lubbock, TX
Finance Department
North Overton Public Improvement District Assessment Roll
As of January I. 2016
2016Tauble 2016 Morktt 2016 Estimated
Property ID Owner Name Malling Address Exemptions Property Addrrss Legal Description Value Value Asnssment•
R305861 MCCOLLOCH KEVIN & DEBRA 7902 GRAND MOUNTAIN CT 2101 MAIN ST, UNIT #4, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG I UNIT s 177,550 177,550 320
llOUSTON, TX 77095 4 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305869 LCP HOLDINGS LLC 2105 MAIN ST 2105 MAIN ST. UNIT #6, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 2 UNIT 177,550 177,550 320
#UNIT6 6 & l/36TH UNO INT IN COMM AREA
LUBBOCK, TX 7940 I MAIN ST CONDOS
R305872 JACOBS THOMAS W & JERRI L 2002 BAKER ESTATES DR 2109 MAIN ST, UNIT #3, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 3 UNIT 177,550 177,550 320
HOUSTON, TX 77094.3473 3 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305875 BARRAGAN FAMILY ENTERPRISES 4903 19TH ST 2109 MAIN ST. UNIT #6, LUBBOCK, TX 7940 I OVERTON PARK TR 11 BLDG 3 UNIT 177,550 177,550 320
LP LUBBOCK, TX 79407 6 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305878 LEINNEWEBER CHET & KELLY 410 RANCHO ENCINO DR 2111 MAIN ST, UNIT #3, LUBBOCK, TX 7940 I OVERTON PARK TR 11 BLDG 4 UNIT 177,550 177,550 320
SAN MARCOS, TX 78666 3 & 1/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305881 ADAMS WELL SERVICE INC 605 W KENTUCKY 2111 MAIN ST, UNIT #6, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 4 UNIT 177,550 177,550 320
FLOYDADA, TX 79235 6 & I 136TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305884 ANDERSON LEVIN JOHN & KAREN 8909 FISHER DR 2115 MAIN ST. UNIT #3, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 5 UNIT 177,550 177,550 320
SUE FRISCO, TX 75033 3 & 1136TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305892 SHANNON, JOE 914 FOXTO DR 2119 MAIN ST, UNIT #5, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 6 UNIT 177,550 177,550 320
SAN ANTONIO , TX 78260 5 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R30540~ ROMAN CATHOLIC DIOCESE OF 2305 MAIN ST EXR 2211 MAIN ST, LUBBOCK, TX 79401 OVERTON PARK TR 10 622,910
LUBBOCK LUBBOCK, TX 79401
R303917 VESPER FOUNTAINS LLC '•CAMPUS LIFE & STYLE 2202 MAC DAVIS LN, LUBBOCK, TX 7940 I OVERTON PARK TR 8 36.574,700 36,574,700 65.834
7500 RIALTO BLVD
BLDG II STE #290
AUSTIN, TX 78735
R70643 WEST LISA BUTLER PO BOX 93553 811 UNIVERSITY A VE, LUBBOCK, TX 7940 I OVERTON BLK 129 L 13 & W/4 OF 14 972 ,765 9n,765 1,751
LUBBOCK, TX 79493-3553
R65759 STARLIGHT MOTEL LLC 6021 AVENUE A 1709 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK Nl50' OF Wl44.5' OF 1n_~44 172,544 311
LUBBOCK, TX 79404 TR27
Rl74541 CITY BANK PO BOX 2250 611 UNIVERSITY AVE, LUBBOCK, TX 79401 OVERTON PARK TR 2C 3,843,997 3,843,997 6,919
UNIVERSAL CITY, TX 78148
EXHIBITC
City of Lubbock. TX
Finance Department
Nonh Overton Public Improvement District Assessment Roll
As of January I, 2016
2016Taublr 2016 Markrl 2016 Esllmotetl
Prop<rty ID o~·auName l\laillni: Address EnmpOons rrol)frty Address Lea:al Description Value Value Assessment*
Rl66288 LUBBOCK MAIN STREET ASSOC ATTN: GMH MANAGEMENT 2210 MAIN ST, LUBBOCK, TX 79401 CENTRE THE TR A s 34,527,678 34,527,678 62,150
PO BOX 530292
BIRMINGHAM, AL 35253-0292
R319400 RACER REAL ESTATE HOLDINGS 1710 MAC DAVIS LN 1710 MAC DAVIS LN, LUBBOCK, TX 79401 OVERTON PARK TR 21 1,616,129 1,616,129 2.909
LLC LUBBOCK, TX 79401
R320847 ACC OP (OVERTON PARK) LLC PO BOX 530292 2408 MAC DAVIS LN, LUBBOCK, TX 79401 OVERTON PARK TR 3AIA 34,748,672 34,748,672 62 el48
BIRMINGHAM, AL 35253-0292
R314147 TTUC LLC 1001 FANNIN ST 1901 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK TR 28-31 42,925,212 42,925,212 n.i6s
#STE 1350
HOUSTON, TX 77002
R313560 ACC OP (TRACT 6) LLC PO BOX 530292 2210 GLENNA GOODACRE BLVD, LUBBOCK, TX 79401 OVERTON PARK TR 6 26,687,558 26,687,558 48 ,038
BIRMINGHAM, AL 35253-0292
R312461 VANGIPURAM, DIVYA TEJA 7307 COMAL DR HS 2104 MAIN ST, UNIT #3, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 2 UNIT 138,790 138,790 :!SO
IRVING, TX 75039 3 & 1145TH UNO INT IN COMM AREA
MAIN ST CONDOS
R312470 HILL, JEFFREY 2106 #2 MAIN ST HS 2106 MAIN ST, UNIT #2, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 3 UNIT 143.852 143 ,852 !59
LUBBOCK, TX 79401 2 & 1145TH UND INT IN COMM AREA
MAIN ST CONDOS
R312487 GARCIA HENRY & ANGELA 729 LOS MIRADORES DR 2108 MAIN ST, UNIT #9, LUBBOCK, TX 79401 OVERTON PARK TR 12 BLDG 4 UNIT 142 .616 142.616 2.S?
EL PASO, TX 79912-3451 9 & l/45TH UND INT IN COMM AREA
MAIN ST CONDOS
R312493 TH BAKER LIVING TRUST 2300 BARTON CREEK BLVD 21 IO MAIN ST, UNIT #5, LUBBOCK, TX 7940 I OVERTON PARK TR 12 BLDG 5 UNIT 142,616 142,616 257
2 5 & l /45TH UND INT IN COMM AREA
AUSTIN, TX 78735 MAIN ST CONDOS
R311409 2402 9TH ST LLC 3901 I04TH ST 2402 9TH ST, LUBBOCK. TX 79401 OVERTON PARK TR IC3B I ,184,277 1,184,277 2.132
LUBBOCK, TX 79423
R311434 BUI KHANH DUY & KIM THI I 2400 GUN MET AL DR 2117 I OTH ST, LUBBOCK, TX 7940 I OVERTON PARK BLK I L 9 184.787 184,787 333
AUSTIN, TX 78739
R311442 HEINRICH BRIAN P & CAROLYN S 3205 POLK ST 2133 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK I L 17 228,486 228,486 411
#STE 1000
AMARILLO, TX 79101-2429
R3 I 1445 WALDROOP, JAMES K 1103 NW 11 HI ST 2139 IOTH ST, LUBBOCK, TX 79401 OVERTON PARK BLK I L 20 228,486 228,486 411
ANDREWS, TX 79714
EXHIBITC
City of Lubbock. TX
Finance Dcpanme:nt
Nonh Ovenon Public Improvement District Assessment Roll
As of January I. 2016
2016 Taxable 2016 Market 2016 E.<tlmated
Property ID OwntrNamt l\laillag Address Enmptions Property Address Legal Description Value Value Asnssmen1•
RJl 1485 SEALES REAL ESTATE LLC 1744 BISON MEADOW LN 2107 GLENNA GOODACRE BLVD. LUBBOCK. TX 79401 OVERTON PARK BLK 3 L 4 s 269 .998 269 ,998 486
ROCKWALL, TX 75032-5954
RJ 11488 TREVINO, RUBEN 2113 GLENDA GOODACRE BLVD HS,OA 2113 GLENNA GOODACRE BLVD. LUBBOCK, TX 79401 OVERTON PARK BLK 3 L 7 259,058 215 .758 466
LUBBOCK. TX 79401-2230
RJJ 1491 SYN , DAVID 3805 !!ND PL 2119 GLENNA GOODACRE BLVD, LUBBOCK. TX 79401 OVERTON PARK BLK 3 L JOA 394,088 394,088 709
LUBBOCK . TX 79410
RJl 1494 WA YMOND PITCHFORD INC 5810 STONECREST 2125 GLENNA GOODACRE BLVD. LUBBOCK, TX 79401 OVERTON PARK BLK 3 L 13 304.243 304.243 548
MIDLAND. TX 79707
RJI 1528 HAVEN CAMPUS COMMUNITIES 3824 NORTHSIDE PKWY 2118 GLENNA GOODACRE BLVD, LUBBOCK . TX 79401 OVERTON PARK BLK 4 L 20 21 .735 2 1,735 39
LUBBOCK II LLC #STE 500
ATLANTA. GA 30327
R305860 CASSADY GREGORY A & JEAN L 4184 HALLMONT DR 2101 MAIN ST, UNIT #3, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG I UNIT 177 ,550 177,550 l!O
GRAPEVINE , TX 76051-6546 3 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305863 GREENE JULIA & MARK 2001 MAIN ST 2101 MAIN ST, UNIT #6, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG I UNIT 1 n "~50 177.550 320
#APT6 6 & l/36TH UNO INT IN COMM AREA
LUBBOCK. TX 7940 I MAIN ST CONDOS
R305877 SINCLAIR RANDY & ELIZABETH 19535 BATTLE OAK 2111 MAIN ST, UNIT #2. LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 4 UNIT 177 ,550 177,550 l!O
SAN ANTONIO. TX 78258 2 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305880 BYLER INC 15517 OZONE PL 2111 MAIN ST, UNIT #5, LUBBOCK. TX 79401 OVERTON PARK TR 11 BLDG 4 UNIT 177 .550 177.550 3!0
AUSTIN. TX 78728 5 & l/36TH UNO INT IN COMM AREA
MAIN ST CONDOS
R305883 REDDY 2012 ALAVALAPATI •,BRAMHAM ALAVALAPATI 2115 MAIN ST, UNIT#!, LUBBOCK, TX 79401 OVERTON PARK TR 11 BLDG 5 UNIT 166.288 166 ,288 299
CHILDRENS REDDY 2 & 1/36TH UNO INT IN COMM AREA
I 03 PRIMROSE CT MAIN ST CONDOS
LUFKIN , TX 75904
R305886 GIBSON CASEY S & CARO 2115 MAIN ST 2115 MAIN ST, UNIT #5, LUBBOCK, TX 7940 I OVERTON PARK TR 11 BLDG 5 UNIT m.~so 177.550 320
#APT5 5 & l/36TH UNO INT IN COMM AREA
LUBBOCK. TX 79401 MAIN ST CONDOS
224 s 391.940.899 393.601.739