HomeMy WebLinkAboutResolution 1496:Y __
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WHEREAS, on January 2, .1990, the City Council of the City of
Fort worth received a Petition for Establishment of the
Fort Worth Improvement District No. 3; and
WHEREAS, the City Council directed the City Manager and City
Attorney to determine whether the Petition includes the
necessary signatures and meets other requirements of
Chapter 372, Subchapter A, Section 372.005 of the Local
Government Code (the "Public improvement District
Assessment Act"); and
WHEREAS, the -City Manager and City Attorney reported that the
Petition includes the signatures of the owners of 50.11
percent of the area of all taxable real property that
is liable for assessment under the proposal and the
signatures of the owners of taxable real property repre-
senting 55.58 percent of the appraised value of the
taxable real property liable for assessment under the
proposal, within the area of the proposed public improve-
ment district, as determined by the current roll of the
Tarrant Appraisal District; and
iv'HEREAS, the City Manager and City Attorney reported that the
Petition contains sufficient signatures and meets other
applicable requirements of Chapter 372, Subchapter A of
the Local Government Code;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY_ OF FORT WORTH, TEXAS:
1. The City Council hereby finds and determines that the
aforesaid Petition for Establishment of the Fort Worth
Improvement District No. 3 includes sufficient signatures and
meets other requirements of Section 372.005 of the Local
Government Code.
2. The City Manager is hereby directed to prepare the
following documents and information concerning the proposed
district and to file the same with the City Secretary:
(a) A statement of the general nature of the proposed
improvements;
(b) Preliminary estimates of costs of the improvements;
C1TY OF FORT ~IIORTS
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