Title
Consider adopting Ordinance No. 3530 approving an annual update of the service and assessment plan and assessment roll for Mercer Crossing Public Improvement pursuant to Chapter 372 of the Texas Local Government Code; and take appropriate action.
Body
BACKGROUND:
City Council approved Resolution No. 2017-028, on February 14, 2017, to provide for the establishment of Mercer Crossing Public Improvement District in accordance with a petition request from a property owner representing greater than 50 percent of the property within the requested district. State Law requires that the service and assessment plan associated with this district be updated and reviewed annually.
DISCUSSION:
Tonight, City Council will consider approval of the annual update of the service and assessment plan and assessment roll for the public improvements within the district for the 2018-19 tax year.
RECOMMENDATION:
City Administration recommends adopting Ordinance No. 3530, as presented.
POSSIBLE COUNCIL ACTION:
1. Approve Ordinance No. 3530, accepting the Mercer Crossing Public Improvement District Service and Assessment Plan & Roll, as presented.
2. Approve Ordinance No. 3530 with the following modifications.
3. I move to table the issue for further study or take no action.
ATTACHMENTS:
1. Ordinance No. 3530
2. Mercer Crossing PID- Annual Service and Assessment Plan & Roll