HomeMy WebLinkAboutRes 2012-02-10 Estimating Appraised Value for FM 455 PID.pdfCITY OF ANNA, TEXAS
RESOLUTION NO. 2012-02-10
A RESOLUTION ESTIMATING APPRAISED VALUE OF TAXABLE REAL
PROPERTY LIABLE FOR ASSESSMENT IN PROPOSED FM 455 MEDIAN BREAK
PUBLIC IMPROVEMENT DISTRICT AND ESTIMATING THE COST OF
IMPROVEMENTS.
WHEREAS, on January 23, 2012 there was presented to the City of Anna, Texas (the
"City") a petition (the "Petition") seeking the authorization to create a public
improvement district (the "District") to make improvements including a median break on
FM 455 in the corporate limits of Anna, Texas; and
WHEREAS, said petition described public improvements proposed to be made within
the District; and
WHEREAS, notice of a public hearing was published on February 10, 2012 in a
newspaper of general circulation within the City and was mailed to the owners, as
reflected on the tax rolls, of property subject to assessment in the District, giving
interested persons the opportunity to appear and be heard; and
WHEREAS, before conducting the public hearing referenced above, the City Council of
the City of Anna, Texas ("City Council") estimated the appraised value of taxable real
property liable for assessment in the proposed District and further estimated the cost of
improvements; and
WHEREAS, before conducting the public hearing referenced above, the City Council
sets forth in this resolution the estimated appraised value of taxable real property liable
for assessment in the proposed District and the estimated cost of improvements;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ANNA, TEXAS, THAT:
Section 1. Recitals Incorporated.
The City Council hereby approves the statements contained in the preamble of this
Resolution and finds that all statements are true and correct and incorporate the same
in the body of this Resolution as if set forth in full for all purposes.
Section 2. Findings of the Council.
The City Council, before conducting the public hearing required under Tex. Local Gov't
Code § 372.009, hereby finds that the estimated value of taxable real property liable for
assessment in the proposed District is $9,446,287 and the estimated cost of the
Res. 2012-02-10 Estimating Appraised Value for FM 455 Median Break PID 02-28-12
improvements total $72,136 for construction and $3,000 in administrative and legal
costs over the life of the District.
Section 3. Severability.
It is hereby declared to be the intention of the City, that sections, paragraphs, clauses,
and phrases of this resolution are severable, and if any section, paragraph, clause,
sentence or phrase of this resolution shall be declared unconstitutional or illegal by the
valid judgment or decree of any court of competent jurisdiction, such unconstitutionality
or illegality shall not affect any of the remaining phrases, clauses, sentences,
paragraphs or sections of this resolution since the same would have been enacted by
the City without the incorporation in this resolution of any such unconstitutional or illegal
section, paragraph, clause or phrase.
Section 4. Passage.
The authorization of the District pursuant to this resolution shall take effect upon
publication of this resolution as provided above.
PASSED AND APPROVED by the City Council of the City of Anna, Texas this the 28th
day of February, 2012.
ATTESTED: APPROVED:
V,&— A/
Ci Secretary, Natha Wilkison M or are R. riskell
*: A
Res. 2012-02-10 Estimating Appraised Value for FM 455 Median Break PID 02-28-12