2024-044 - Creating the Forestbook Public Improvement District No. 1 relating to the Forestbrook Housing Development Project

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RESOLUTION NO. 2024-044 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, REGARDING THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT AND ORDERING PUBLIC IMPROVEMENTS TO BE MADE FOR THE BENEFIT OF SUCH DISTRICT; PROVIDING FOR A SEVERABILITY CLAUSE; PROVIDING AN EFFECTIVE DATE; AND CONTAINING OTHER MATTERS RELATING TO THE SUBJECT WHEREAS, the City of Paris, Texas (the "City") is authorized by Chapter 372, Texas Local Government Code, as amended (the "Act"), to create a public improvement district and to levy special assessments against property within the district to pay the costs of public improvement projects that confer a special benefit on property within the district; and WHEREAS, pursuant to the Act, on.fuly 10, 2024, there was submitted to and filed with the City Clerk of the City (the "City Clerk") a petition, a copy of which is on file with the City Clerk (the "Petition"), requesting the creation of the Forestbrook Public Improvement District No. I (the "District"), consisting of approximately 59.62 acres within the corporate limits of the City, which property is described by metes and bounds in Exhibit A attached hereto and incorporated herein by reference; and WHEREAS, the City Council of the City (the "Council") received the Petition and determined that it satisfied the requirements of the Act; and WHEREAS, the Council has investigated and determined that the public improvements described in the Petition and hereinafter defined (the "Authorized Improvements") are authorized by the Act, promote the interests of the City, and confer a special benefit on property within the District; and WHEREAS, after providing the notices required by the Act and by the Texas Open Meetings Act, Chapter 551, Texas Government Code, as amended (the "Open Meetings Act"), the Council convened the public hearing (the "Creation Hearing") to determine the advisability of creating and establishing the District and undertaking the Authorized Improvements described herein and in the Petition; and WHEREAS, such public meeting was convened on September 9, 2024, and was continued to October 14, 2024, and all owners of property located within the District and all other interested persons were given the opportunity at the Creation Hearing to speak for or against the creation of the District and the proposed Authorized Improvements; and WHEREAS, after all persons having an interest in the creation of the District were given an opportunity to be heard, the Council closed the Creation Hearing on October 14, 2024; and WHEREAS, the Council has made findings based on the information contained in the Petition presented to the Council and the comments received at the public hearing, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, THAT: SECTION 1. The Council hereby approves the statements contained in the preamble of this Resolution and finds that all statements are true and correct and incorporate the same in the body of this Resolution. 217617-2024 Pages: 7 RES 10/16/2024 10:15:14 AM By: abyers Lamar County, TX Ruth Sisson - County Clerk 11111 11 1111I1111111IN II 111111111111111111111 1IN 1111