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G-96-11-07-9D - 11/7/1996ORDINANCE NO. - Q(C) /- 07- c 0 AN ORDINANCE SETTING A DATE AND TIME FOR A PUBLIC HEARING TO BE HELD IN THE CITY COUNCIL CHAMBERS ON THE CREATION OF THE ENCINO PLAZA PUBLIC IMPROVEMENT DISTRICT AND AUTHORIZING AND DIRECTING THE CITY SECRETARY TO PUBLISH NOTICE OF SAID PUBLIC HEARING. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: I. On the 12th day of December, 1996, at 7:00 o'clock P.M. in the City Council Chambers, City of Round Rock, Texas, the City Council will hold a public hearing giving all interested persons the right to appear and be heard on the proposed creation of the Encino Plaza Public Improvement District, the boundaries of said district being more particularly described in Exhibit "A", attached hereto and incorporated herein. II. The City Secretary is hereby authorized and directed to publish notice of said public hearing in the official newspaper in accordance with §372.009, Local Government Code. V.A.T.S. III. A. All ordinances, parts of ordinances, or resolutions in conflict herewith are expressly repealed. B. The invalidity of any section or provision of this ordinance shall not invalidate other sections or provisions thereof. C:\TEXT\ROUNDROC\ENNCINO\OR1007.WPD/cdc Alternative 1. By motion duly made, seconded and passed with an affirmative vote of all the Council members present, the requirement for reading this ordinance on two separate days was dispensed with. �j READ, PASSED, and ADOPTED on first reading this 6/2 day of , 1996. Alternative 2. READ and APPROVED on first reading this the day of , 1996. READ, APPROVED and ADOPTED on second reading this the day of , 1996. ATTEST: E LAND, City Secretary 2. CHARLES CULPER, Mayor City of Round Rock, Texas STEPHAN L. SHEETS CHARLES D. CROSSFIELD CARY L. BOVEY FELIX O'NEILL RIPPY STUART N. WHITLOW Joe Vining 221 East Main Round Rock, Texas 78664 SHEETS 8c CROSSFIELD, P.C. ATTORNEYS AT LAW 309 E. MAIN STREET ROUND ROCK, TEXAS 78664-5246 TELEPHONE (512) 255-8877 November 4, 1996 FAX (512) 255-8986 E-MAIL SANDC RRTX@AOL.COM Re: Encino Plaza PID Dear Joe: Here is the schedule we discussed the other day. Please review and revise. DATES ACTION TO BE TAKEN November 7, 1996 Council sets date for Public Hearing on PID creation November 18, 1996 Deliver Notice of Creation of PID to newspaper. Mail Notice of Creation of PID to property owners. November 21 and 25, 1996 Notice of Creation of PID published. November 21- December 11, 1996 Prepare Report of Advisory Committee. December 12, 1996 Public hearing on PID creation. Pass ordinance creating PID and authorizing preparation of preliminary assessment roll. December 16, 1996 Advisory group meeting to discuss documents and schedule December 19, 1996 Deliver Notice of Intention to Levy Assessments to C:\TEXT\ROUNDROC\ENCINO\MEMOPOLU. WPD/cdc newspaper. File Notice of Intention to Levy Assessments with city secretary and mail to property owners. December 19 -January 3, 1996 Prepare Service Plan. December 23, 1996 Notice of Intention to Levy Assessments published. January 9, 1996 Approve Service Plan. Conduct hearing on Levy of Assessments. Pass ordinance levying assessments. January 15, 1996 Finalize and distribute private placement memorandum. January 22, 1996 January 23, 1996 January 27, 1996 February 12, 1996 CC/kg Commitment letters due from investors. Bond sale. File transcript with Attorney General. Investors wire funds/ close bonds/ funds available for reimbursement. Date: November 5, 1996 Subject: City Council Meeting November 7, 1996 Item: 9.D. Consider an ordinance setting the date, time, and place for a public hearing concerning the creation of the Encino Plaza Public Improvement District (PID). (First Reading) Staff Resource Person: Joe Vining Staff Recommendation: Approval The proposed Encino Plaza Public Improvement Assessment District (PID) is the site of a 25 acre commercial tract. Included in this tract of land is the future Holiday Inn Select Hotel, a restaurant, and Round Rock Nissan as well as other land to be developed. A public hearing will be held on December 12 concerning the creation of the PID. A timetable concerning all steps involved with the PID is attached. The boundaries of the Public Improvement Assessment District are shown on the following map: ENCINO PLAZA PID T/'r--- i Lot 1 Nissan Lot 2 Nissan Lot 2 Bik B Lott Lots Lott Blk C Lot1 w Ln Lott BI ( A Lott sto S W at 10/08/96