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Ord. 1259 03-13-06 FAILEDFAILED 3/13/06 ORDINANCE NO. 1259 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, APPROVING THE ANNEXATION BY BRAZORIA COUNTY MUNICIPAL UTILITY DISTRICT NO. 28 OF 58.0994 ACRES OF LAND. WHEREAS, Brazoria County Municipal Utility District No. 28 ("District") is located within the corporate limits of the City of Pearland, Texas ("City"); and WHEREAS, the City consented to the creation of the District by Ordinance No. 1055 dated March 11, 2002; and WHEREAS, Section 54.016, V.T.C.A., Water Code, as amended, provides that no land within the corporate limits of a city or within the extraterritorial jurisdiction of a city, shall be included within a municipal utility district unless such city grants its written consent, by resolution or ordinance, to the inclusion of the land within the district; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. All of the matters and facts set forth in the preamble hereof are true and correct. Section 2. The "Petition for Consent to Annex Land Into Brazoria County Municipal Utility District No. 28 (the "Petitions") are attached hereto as Exhibit "A" and made a part hereof for all purposes. Section 3. The City Council of the City of Pearland, Texas, hereby specifically gives its written consent to the annexation of the 58.0994 acres described in the Petitions and the exhibits attached hereto, into the District conditioned upon the terms set forth in Ordinance No. 1055. Section 4. This Ordinance shall take effect immediately from and after its passage in accordance with the provisions of the Charter of the City of Pearland and it is accordingly so resolved. ORDINANCE NO. 1259 PASSED and APPROVED on FIRST READING this the day of , A. D., 2006. TOM REID MAYOR ATTEST: YOUNG LORFING, TRMC CITY SECRETARY PASSED and APPROVED ON SECOND AND FINAL READING this the day of , A. D., 2006. ATTEST: YOUNG LORFING, TRMC CITY SECRETARY APPROVED AS TO FORM: DARRIN M. COKER CITY ATTORNEY 2 TOM REID MAYOR Feb 21 06 02:13p 5,S-P1-20916 09:4? FROM:K MASSA 4 71326066 13 I U= YE i;lb 7bFG�Y81�C ��G�a?2ot r. P City of Pearland In -City MUD Application Checklist MUD # BRAZORIA COUNTY MUD NO. 28 Date February 21, 2006 Attach this sheet as a cover to the completed information and cheep each box. urFully completed City of Pearland In -City MUD Data Form. 'Exulting Subdivisions Form. a -Proposed Subdivisions Form. Existing Non -Residential Businesses Form. 51Proposed Non -Residential Businesses Form. nticipated. Future Annexations Form. t� Vicinity map of the entire. City on a 24 x 36 sheet clearly showing location of the existing in -city MUD (if applicable) and the proposed annexation tract(s) - 12 copies. Show the existing and proposed zoning (if different)for each existing MUD tract and each proposed tract to be annexed. Detailed map of each tract (1"=200' scale) -12 copies, and an. AutoCAD drawing file (.DWG) on CD or 3-1/2- floppy disk (Texas State Plane South Central NAD 2} t>�l Fully completed and signed annexation petitions with metes and bounds boundary descriptions for all tracts - 12 copies_ Consent by the City of Pearland for in -city MUD creations ami annexations into existing in -city MUDs is not final until the adoption on second reading of the creation/annexation ordinance. The annexation/creation ordinance will only be considered simultaneously with the first and second readings of the zoning ordinance, if required, for the property tinder consideration. The applicant is advised to examine the schedule requirements for the zoning process to ensure timely consideration of this applica don. Due to changes in market conditions and other variable, neither the MUD nor the developer(s) guarantee any of the projections of estimates provided it this Application. THE MAVERICK GROUP, L.P., a Louisiana limited liability partnership 1 Naze_. John Kelly Title: Managing Partner 9210 City of Pearland In -City MUD Application Checklist MUD # BRAZORIA COUNTY MUD NO. 28 Date February 21, 2006 Attach this sheet as a cover to the completed information and check each box. aully completed City of Pearland In -City MUD Data Form. 1�:-}1�Existing Subdivisions Form. UaProposed Subdivisions Form. n Existing Non -Residential Businesses FoIu. EProposed Non -Residential Businesses Form. QAnticipated Future Annexations Form. lJ Vicinity map of the entire City on a 24 x 36 sheet clearly showing location of the existing in -city MUD (if applicable) and the proposed annexation tract(s) - 12 copies. Show the existing and proposed zoning (if different)for each existing MUD tract and each proposed tract to be annexed. Detailed map of each tract (1"=200' scale) -12 copies, and an AutoCAD drawing file (DWG) on CD or 3-1/2" floppy disk (Texas State Plane South Central NAD 83;.. Lar Fully completed and signed annexation petitions with metes and bounds boundary descriptions for all tracts -12 copies. Consent by the City of Pearland for in -city MUD creations and annexations into existing in -city MUDs is not final until the adoption on second reading of the creation/annexation ordinance. The annexation/creation ordinance will only be considered simultaneously with the first and second readings of the zoning ordinance, if required, for the property under consideration. The applicant is advised to examine the schedule requirements for the zoning process to ensure timely consideration of this application. Due to changes in market conditions and other variables, neither the MUD nor the developer(s) guarantee any of the projections or estimates provided in this Application. INVESTCORP I, LTD., a Texas limited partnership By: Investcorp, LLC, a Texas limited liability cpmpany its sole general partner By: Name: Jawad Sarwar Title: President 92108 City of Pearland In -City MUD Data Form MUD* BCMUD No. 28 Date: February 20.2006 General Information 1 2 Proposed Zoning Classification (also show on map) Projected Date of Completion of All Hornes/Businesses Existing Proposed MUD Tract(s) R-2, R-3 2010 Existing MUD R-2, PUD (R2,GB) 2010 Proposed Tractts} Total 3 Total Acreage 511.3664 58.0994 569.4658 4 Currently Plated Residential Acreage (inducting road rights of way) 277.5438 0 277.5438 5 Currently Platted Corm>ercial Acreage [including road rights of way) 0 5.006 5.006 6 Currently Undeveloped Acreage 132.926 29.6044 162.5304 7 Projected Undeveloped Acreage to be Platled Residential 132,926 24.4744 157.4004 8 Projected Undeveloped Acreage to be Platted Commeraal 0 5.13 5.13 9 Curren and Projected Detention & Transmission Utility Easements (acres) 74.5819 11.97 86.5519 10 All Other Acreage (Landscaping Reserves, Parks, etc) 26.3147 11.519 37.8337 Note. Lines 7 and 6 should total 10 Line 6. Lines 4, 5, 6, 9, and 10 should total to Line 3. Line 3 should equal the total acreage in the MUD or the Proposed Tracts. Existing MUD Proposed Tractfsl Total 11 Total Existing and Planned Residential Lots 1354 478 1532 12 Number of Currently Completed/Deemed Hanes 218 0 218 13 Number of Cumanty Completed Lots 0 0 0 14 Number of Lots Under Construction 56 0 56 15 Number of Fubue Lots 1080 178 1258 Note: Lines 12, 13, 14, and 15 should total to Line 11 Existing MUD Proposed Tracts} Total 16 rl vW..J .u.uca Most Recent BCAD Valuation (Date: January 1, 2005) $ 24,994,755.00 $ 1,966,120.00 5 26,960,875.00 17 Projected Total Valuation at Build Out Date $ 223,410,060.00 $ 42,930,000.00 $ 266,340,000.00 18 Projected Residential Valuation at Build Out 5 223,410,000.00 $ 32,930,000.00 $ 256,340;000_00 19 Projected Commercial Valuation at Build Out $ - $ 10,000,000.00 $ 10,000,000.00 20 Estimated Average Home Value $ 165,000_00 $ . 185,000.00 $ 175,000.00 21 Estimated Average Home Value - at Build Out $ 165,000.00 5 185,000.00 5 175,000.00 Note Lines 18 and 19 should total to Line 17 Existing MUD Proposed Tracijs■ Total 22 r..,w..r .an I.G. VI II.,..... Pre -Development General Fund Taxes (E>ostirg MUD V 1103 rr $_696/100; Prop Tracts 1/1/05 @ $.674c $ 3,183.62 $ 13,259.51 516,443.13 23 Most Recent Year City Property Taxes t $.6744/3100 as of 1/1/05 $ 168,564.63 $ 13,259.51 $181,824.14 24 Pra acted Cih Pm Taxes 5.6744/5100 at Build Out $ 1,506,677.04 $ 289,519.92 51,796,196.96 25 Recent -- ■ Reba $ 37,492.13 $ 337 492.13 26 Projected MUD Rebate Amount at Build Out $ 335,115.00 $ 64,395.00 5399,510.00 M Proposed Tract[sl Total 27 V41,414 calla Approx. Net Density at Buiki Out- Homes/Acre (Line 111(3-9)) $ 3.10 5 3.86 3 3.17 28 Net Annual Revenue to City -Current Estimate (Line 23-25-22) $ 127,888.88 5 - $ 127,888.88 29 Net Annual Revenue to City - Build Out Estimate (Una 24-26-22) $ 1,168,376.42 _ $ 211,865.41 $ 1,380,243.83 wllandl1711/annexetinn/MUDDetaFonn_020806 3/1/2006 City of Peartand In -City MUD Data Form MUD at BCMUD No. 20 Date: February 20, 2006 Subdivision Name Atsa (Acres) Projected Lots Percent Complete Creekside Section Ore 29.3950 91 100 Creekside Section Two 26.7510 107 100 Caiterbtry Park Section One 170.7480 463 100 Twin Lakes 64.8069 130 100 Spring Meadows 41.9495 138 75 Stonebridge Section 1 44.7900 98 80 Stonebridge Section 2 39.0400 140 0 Stonebridge Section 3 39.5000 65 0 Future Canterbury Park 54.386 122 0 w/tand117111annezatiorVMUOt7ataFvan 020606 3/1/200' City of Pearland In -City MUD Data Form MUD 1 BCMUD No. 28 Date: February 20. 2006 Proposed Subdivisions Within Annexation Request Subdivision Name 14.9936 Acre Tract - Emerald Stone Area (Acres) 14.9936 Projected Lots 38 Percent Complete 0 10.4696 Acre Tract - Province Village 28.9045 Acre Tract - Provirce Village 5.7317 Acre Tract - Province Village 10.4696 26.9045 5.7317 28 84 28 0 0 0 wllandf1711ranexadon/MUDDataForm 020806 3/1/2006 City of Pearland In -City MUD Data Form MUD S BCMUD No. 28 Date: February 20, 2006 Existing Non -Residential Businesses Within Existing MUD Business Name None Type of Business None wAanW1711/annexationlMUDOataForm_020806 3/1J2006 City of Peartand In -City MUD Data Form MUD* BCMUD No. 26 Date: February 20. 2006 Proposed Non -Residential Businesses Within Annexation Request Business Name 5.006 General Business Tract -Not known at this time ( Plat Recorded ) 5.13 General Business Tract - Future lwisness park Expected (Plat not yet recorded) Type of Business GB GO w1and/17111annexatiion MUDDataForm_02060B 3/1/2006 City of Pearland In -City MUD Data Form MUD # BCMUD No. 28 Date: February 20, 2006 Anticipated Future Annexation Requests General Tract Description Not Iorown at this lime. 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