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HomeMy WebLinkAboutRES 981027-JRESOLUTION NO. 7 "J A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS ACKNOWLEDGING RECEIPT OF A PETITION TO ESTABLISH THE GEORGETOWN VILLAGE PUBLIC IMPROVEMENT DISTRICT #1; APPOINTING AN ADVISORY BOARD; SETTING A HEARING DATE; AUTHORIZING PUBLICATION OF NOTICE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, on September 15, 1998, Shell Ranch Development, Inc. and Weekley Homes, L.P., filed with the City Secretary of the City of Georgetown a Petition for Establishment of Georgetown Village Public Improvement District (the "Petition"), a copy of which is attached hereto as Exhibit 1; and WHEREAS, the Petition requests the establishment of a public improvement district pursuant to the provisions of Chapter 372, Texas Local Government Code (the"PID") within the corporate boundaries of the City, the boundaries of the PID being described by metes and bounds on Exhibit "A" to the Petition (Exhibit 1 hereto); and WHEREAS, the Petition states the general nature and estimated costs of the proposed improvements, the boundaries of the proposed PID, the proposed method of assessment and a provision for management of the proposed PID. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. The City Council hereby finds that this resolution implements Growth & Physical Development Policy 7.0 of the Century Plan - Policy Plan Element, which states: "Georgetown's land uses support economic, cultural and social activities for all residents, businesses and organizations; and the City's development process encourages new and infill development"; and Finance Policy 5.0 of the Century Plan - Policy Plan Element, which states: "All municipal operations are conducted in an efficient business -like manner and sufficient financial resources for both short-term and long-term needs are provided."; and further finds that the adoption of this resolution is not inconsistent or in conflict with any other Century Plan Policies, as required by Section 2.03 of the Administrative Chapter of the Policy Plan. SECTION 2. The City Council of the City of Georgetown hereby formally acknowledges receipt of the aforementioned Petition and directs the City staff to perform a feasibility study to determine the feasibility of the improvements proposed in the Petition. SECTION 3. There is hereby created the Georgetown Village Public Improvement District #1 Advisory Board (the "Board"), whose purpose shall be to develop and recommend an improvement plan to the City Council of the City of Georgetown. The Georgetown Village Public Irn rovement District Resolution No. g�iaaT Page 1 of 2 Board shall be composed of the following representatives of the petitioners named in the Petition; petitioners being the owners of all of the taxable real property within the PID and the record owners of all the real property liable for assessment within the PID: Jim Mills Laura Naiser Mike Cook Tom Roughton The following representatives of the City of Georgetown, Texas, shall also serve as members of the Board: Randy Morrow, Director of Parks & Recreation Susan Morgan, Director of Finance & Administration Bob Hart, City Manager SECTION 4. The City staff is directed to assist the Board in preparing an improvement plan and to determine the schedule for the proposed impriovements. SECTION 5. A public hearing on the advisability of the proposed improvements shall be held before the City Council of the City of Georgetown, Texas, on the 27th day of October, 1998, and the City Secretary is hereby directed to give proper notice of same as required by Section 372.009 of the Texas Local Government Code. SECTION 6. This resolution shall be effective immediately upon adoption. RESOLVED this �Zlk day of ATTEST: By: Sandra D. Lee, City Secretary APPROVED AS TO FORM: 13�& 1 Marianne Landers Banks City Attorney Georgetown Village Public Improvement District Resolution No. FXi0o2 % -T Page 2 of 2 1998. THE CITY OF GEORGETOWN: By: L O WOOD, Mayor