DEPARTMENT: Planning
DEPARTMENT HEAD: Bridgett White, AICP
COUNCIL DISTRICTS IMPACTED: ETJ near City Council District 8
SUBJECT:
The City of San Antonio's consent to the creation by Bexar County of the proposed Lemon Creek Public Improvement District and associated 30-year Development Agreement.
SUMMARY:
A public hearing and resolution recommending the City Council's consent to the creation by Bexar County of a proposed Public Improvement District to later be named the Lemon Creek Special Improvement District, generally located along IH-10 W, north of Dietz Elkhorn Road and west of Old Fredericksburg Road in the extraterritorial jurisdiction (ETJ) of the City San Antonio; and associated Development Agreement between the City of San Antonio and VEP Lemon Creek LP.
BACKGROUND INFORMATION:
Texas Local Government Code Chapter 382 allows for the creation of Public Improvement Districts (PIDs), by a city or a county. PIDs are economic development tools used to pay or finance public improvements and economic development within (and that benefit) a defined geographic area that will ultimately become the district. The general nature of the proposed public work may include, but is not limited to, the improvement and construction of roads, thoroughfares, collectors, arterial roads, utilities, water, waste water, sanitary sewer, drainage, trails, park and recreational facilities; which are located within the district boundaries. These districts may levy an assessment and impose an ad valorem tax, sales and use tax, or hotel occupancy tax as sources of funding and costs are apportioned and paid by landowners within the district that benefit from public improvements and/or services.
In order to create a PID in a county, more than fifty percent (50%) of owners of taxable real property liable for assessment within the proposed District area, must submit a petition to the governing body of the county. The municipality has the option to object to the formation of th...
Click here for full text