STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: August 11, 2021
COUNCIL DISTRICT(S): 9, 10, 13
DEPARTMENT: Office of Economic Development
EXECUTIVE: Dr. Eric A. Johnson
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SUBJECT
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Authorize (1) approval of a resolution for the Lake Highlands Public Improvement District's (District) proposed 2022 Service Plan, 2021 Assessment Plan and 2021 Assessment Roll; and (2) a public hearing to be held on August 25, 2021, to receive comments concerning the annual assessment for the District; and, at the close of the public hearing, consider an ordinance levying a special assessment on property in the District for services and improvements to be provided during 2022; fixing charges and liens against the property in the District and against the property owners thereof; providing for the collection of the 2021 assessment; and providing an effective date - Financing: This action has no cost consideration to the City (see Fiscal Information)
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BACKGROUND
This action calls for a public hearing to be held on August 25, 2021 during which any owner of property located within the District may speak for or against the District's annual Service Plan and assessment, as required by the Public Improvement District Assessment Act (Act) in Chapter 372 of the Texas Local Government Code. After hearing and passing on objections, the City Council may consider an ordinance levying a special assessment on District property.
The Lake Highlands Improvement District Corporation provided City staff with the District's proposed 2022 Service Plan and 2021 Assessment Plan for review. Staff found the services and improvements to be advisable and recommend approval subject to the public hearing on August 25, 2021.
The proposed assessment values provided herein are preliminary. The final Service Plan presented to City Council on August 25, 2021 will reflect 2021 Dallas Central Appraisal District (DCAD) ce...
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