CC MEETING: November 17, 2015
DATE: November 10, 2015
TO: Leonard Martin, City Manager
FROM: Marc Guy, Assistant City Manager
Title
Consider A Resolution Accepting A Petition And Calling A Public Hearing On The Creation Of The Carrollton Singer/Castle Hills Public Improvement District On A 94.35 Acre Tract At The Southeast Corner Of Windhaven Parkway And Old Denton Road.
Body
BACKGROUND:
The city has received a petition to create a public improvement district (PID). The boundary of the PID will coincide with the 94.35-acre Singer Ranch at the southeast corner of Windhaven Parkway and Old Denton Road. The property will be developed for single-family detached homes as a future phase of Castle Hills. The purpose of the PID will be to fund site improvements and infrastructure that will support development within the district such as water and wastewater utilities, drainage, streets, sidewalks and project amenities like a perimeter screening wall, hike-and-bike trail and neighborhood park.
The resolution is to accept the petition of the current property owner requesting creation of a PID and to call a public hearing on the request as required by State law. The public hearing and resolution creating the PID will be considered by City Council on December 15. Tracking on a parallel course is a request from Bright Realty to rezone the property to accommodate single-family detached homes. The zoning case is scheduled for Council consideration on December 1.
FINANCIAL IMPLICATIONS:
There will be a cost to the City for administration of the PID, which will be reimbursed to the City by the PID through the annual homeowner assessments.
STAFF RECOMMENDATION/ACTION DESIRED:
Staff recommends City Council approval of a resolution accepting the property owner’s petition to create a public improvement district on the Singer Ranch property and calling a public hearing on the creation of a public improvement district on December 15, 2015.