From
Lee Harriss, Special District Administrator
Title
Resolution adopting an amendment to the Public Improvement District (PID) Policy
Presenter
Diana G. Ortiz, Chief Financial Officer
Recommend Action
Approve
Analysis
The Finance and Government Committee reviewed the policy at the meeting on November 2, 2010 and recommended adoption.
The proposed revision includes the following updates:
(1) Regarding annexation of property into an existing PID, if the subject property is contiguous to an existing PID and neither area has outstanding debt, it will be annexed into the existing PID if approved by the City Council. (p. 6)
(2) If a PID requests an assessment rate increase, the PID must hold at least one additional homeowner meeting within the month before the assessment hearing to announce the increase, provide budget information, and answer questions. The PID may hold additional homeowner meetings as needed. (P.7)
(3) It requires PID board members to comply with the City of Grand Prairie Code of Ordinances Article 1, Sec. 2.7 - 2.8 and the Texas Open Meetings Act. (p.8)
(4) It requires advisory board to notify the PID administrator of each meeting time and location at least seven business days in advance. (p.8)
(5) If any PID hires additional security, the Police Department will be notified prior to engaging the security service. (p.9)
Financial Consideration
There is not financial impact for the City or the PIDs.
Body
A RESOLUTION OF THE CITY OF GRAND PRAIRIE, TEXAS, AMENDING RESOLUTION 4340 BY ADOPTING THE REVISED PUBLIC IMPROVEMENT DISTRICT (PID) POLICY
Whereas, the City of Grand Prairie has designated several areas as Public Improvement Districts (PIDs) within the City of Grand Prairie; and
Whereas, it is necessary to adopt the City of Grand Prairie's revised Public Improvement District policy;
NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of GRAND PRAIRIE, Texas that:
Section 1. That the City Council adopt the following revisions to the attached Public Improvement District policy:
The replacement of current language:
"III. D. Expansion of a PID:
Expansion of an established PID requires that a) the existing PID advisory board accept the expansion and b) a written petition of the owners of the subject property be submitted to the established PID advisory body. State law requires notification to homebuyers before purchasing the property acknowledging that they will pay PID assessments with their property taxes. For an expansion, there is no minimum number of parcels, and land annexed into the PID must be contiguous to the existing PID. If the subject property is contiguous to an existing PID and neither area has outstanding debt, it will be annexed into the existing PID subject to acceptance by the existing PID advisory board." (p.6)
And the insertion of the following language:
"III. D. Expansion of a PID:
Expansion of an established PID requires that a written petition of the owners of the subject property be submitted to the established PID advisory body. State law requires notification to homebuyers before purchasing the property acknowledging that they will pay PID assessments with their property taxes. For an expansion, there is no minimum number of parcels, and land annexed into the PID must be contiguous to the existing PID. If the subject property is contiguous to an existing PID and neither area has outstanding debt, it will be annexed into the existing PID if approved by the City Council." (p.6)
"III. E. Assessment Rate Increase:
If a PID requests an assessment rate increase, the PID must hold at least one additional homeowner meeting within the month before the assessment hearing to announce the increase, provide budget information, and answer questions. The PID may hold additional homeowner meetings as needed." (p.7)
"IV. B. 2. Advisory Board Membership: PID Board members will comply with all laws, policies, and procedures set by:
· Chapter 372 of the Texas Local Government Code.
· The City of Grand Prairie
· The City of Grand Prairie Code of Ordinances Article 1, Sec. 2.7 - 2.8
· The Texas Open Meetings Act
· The City of Grand Prairie Public Improvement District Policy
· The Bylaws of the Public Improvement District" (p.8)
"IV. B. 3. Meetings: Each PID is required to hold one homeowner meeting each year in a public building. The City will provide notice of the meeting to all PID property owners, and each PID will pay for such notification costs. The meeting agenda will include a presentation of the PID's plans for the coming year, the PID budget, and nomination of advisory board members. The advisory board may schedule other meetings as required and will notify the PID administrator of their time and location at least seven business days in advance. The PID administrator will have the meetings posted on the City website; in addition to this, the PID advisory board may advertise the meetings." (p.8)
"IV. B. 8. Security: If any PID hires additional security, the security service must provide proof of adequate insurance, or the PID may hire off-duty police officers. If any PID hires additional security, the Police Department will be notified prior to engaging the security service." (p.9)
Section 2. That this resolution shall be effective immediately upon its passage in accordance with the Charter of the City of Grand Prairie and that is accordingly so resolved.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, ON THIS THE 16TH DAY OF NOVEMBER, 2010.