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File #: RES-1008    Version: 1 Name: Lakeside Meadows PID - PH Setting (2)
Type: Resolution Status: Consent Agenda
File created: 7/18/2022 In control: City Manager Office
On agenda: 7/26/2022 Final action: 7/26/2022
Title: Approving a resolution of the City Council of the City of Pflugerville, Texas, accepting a petition for revision of the boundaries of the Lakeside Meadows Public Improvement District, increasing the estimated costs of the authorized improvement and calling for a public hearing.
Attachments: 1. Resolution, 2. Exhibit A - PID Petition, 3. Exhibit B - Creation Notice
Title
Approving a resolution of the City Council of the City of Pflugerville, Texas, accepting a petition for revision of the boundaries of the Lakeside Meadows Public Improvement District, increasing the estimated costs of the authorized improvement and calling for a public hearing.

Summary
On June 26, 2022, City Council set a date for a public hearing of July 26, 2022, however, due to an issue with the notification for the public hearing, a new public hearing date is requested for August 23, 2022.

The purpose of a Public Improvement District (PID) is to create a funding source for a defined geographic area in support of identified improvements. The Lakeside Meadows PID pertains to approximately 416.63 acres of land generally located at the northeast corner of SH130 and Pecan Street known as Lakeside Meadows Development. The PID would include the design, acquisition, construction, and improvement of public improvement projects authorized by state law that are necessary for the development of the Property, which public improvements will generally include:
(i) the establishment of parks and open space, together with the design, construction and maintenance of any ancillary structures, features or amenities such as trails, pavilions, community facilities, parking structures, sidewalks, irrigation, walkways, lighting, benches, trash receptacles and any similar items located therein;
(ii) landscaping;
(iii) acquisition, construction, and improvement of water, wastewater and drainage facilities;
(iv) acquisition, construction and improvement of streets, roadways, rights-of-way and related facilities;
(v) entry monumentation and features;
(vi) signage;
(vii) projects similar to those listed above

Since the creation of the PID in 2020, the development team has been actively working on permitting and constructing public infrastructure. The Developer has acquired some additional land that will require amending the public improvement district to incorpo...

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