Title
Approving an ordinance on first reading with the caption reading: An Ordinance of the City of Pflugerville approving the 2024 Annual Service and Assessment Plan update and 2024 Assessment Roll for the Martin Tract Public Improvement District in accordance with chapter 372, Texas Local Government Code, as amended; marking various finding and provisions related to the subject; and providing for an effective date.
Summary
The City Council previously approved the creation of Martin Tract Public Improvement District and approved a Service and Assessment Plan (SAP). Pursuant to the provisions of Chapter 372 of the Texas Local Government Code (PID Act), the (SAP) must be reviewed and updated annually by ordinance and recorded in the real property records. The attached document serves as the required annual SAP update, which also includes the assessment roll for 2024.
Prior City Council Action
PID Creation: December 08, 2020
Levy Assessment and Service and Assessment Plan (SAP) Ordinance: January 25, 2022
2022 Annual Update to SAP: August 23, 2022
2023 Annual Update to SAP: September 26, 2023
Deadline for City Council Action
Action is required August 27, 2024 to meet county deadlines for filing real property records.
Funding Expected: Revenue __ Expenditure __ N/A _x_
Budgeted Item: Yes __ No __ N/A _x_
1295 Form Required? Yes __ No _x_
Legal Review Required: N/A _X_ Required __ Date Completed: _____
Supporting documents attached:
Ordinance
2024 Annual Service Plan Update
Recommended Action
Staff recommends approval of ordinance on first reading with the caption reading: An Ordinance of the City of Pflugerville approving the 2024 Annual Service and Assessment Plan update and 2024 Assessment Roll for Martin Tract Public Improvement District in accordance with chapter 372, Texas Local Government Code, as amended; marking various finding and provisions related to the subject; and providing for an effective date.