From
Lee Harriss
Title
Walingford Village PID (City Council District 3)
a. Public Hearing - Service Plan - Assessment Roll and Rate;
b. Adoption of the Walingford Village PID 5-year Service Plan;
c. Ordinance approving the assessment roll and rate;
d. PID Advisory Board Membership
Presenter
Lee Harriss, Special District Administrator
Recommend Action
Approve
Analysis
Chapter 372 of the Local Government Code requires the City to annually review and approve the PID five-year service plan and adopt an assessment rate for annual assessments within the PID. The Advisory Board has updated the five-year service plan which outlines the maintenance and improvements planned for each year.
The PID budget for the 2016 fiscal year is $86,205 of which $23,446 will be funded by an assessment of $0.085 per $100 of appraised real property value within the PID and a transfer of $619 from the city. Unimproved property is exempt from the PID assessment. The funds generated provide for annual maintenance within the PID boundaries. The proposed budget will continue the basic maintenance and improvements from the previous year. The recommended PID Advisory Board membership for 2016 is attached.
Financial Consideration
The recommended assessment rate for the PID is $0.085 per $100 of appraised real property value within the PID. Unimproved property is exempt from the PID assessment. The estimated budget for the 2016 fiscal year is $86,205, which includes a reimbursement of $619 for right of way maintenance, which would otherwise be performed by the City, from the Parks and Recreation General Fund MMDC.
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, RATIFYING AND CONFIRMING ACTIONS HERETOFORE TAKEN BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, AND THE OFFICERS AND EMPLOYEES OF SAID CITY; MAKING CERTAIN FINDINGS IN CONNECTION WITH THE PROPOSED IMPROVEMENTS ORDERED IN CONNECTION WITH THE GRAND PRAIRIE PUBLIC IMPROVEMENT DISTRICT NO. 6 (WALINGFOR...
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