Posting Language
Title
Conduct a public hearing and consider an ordinance approving the 2023 Amended and Restated Service and Assessment Plan for the Whisper Valley Public Improvement District, making a finding of special benefit to the property in Improvement Area #3 of the District, adopting the Improvement Area #3 assessment roll, levying assessments for property in Improvement Area #3 of the District, and declaring an emergency.
De
Lead Department
Financial Services Department
Fiscal Note
The special assessment levied on properties within Improvement Area #3 of the Whisper Valley Public Improvement District will be paid by owners of such property. No ad valorem taxes, or other revenue of the City are used to satisfy the assessment obligations.
Prior Council Action:
July 20, 2023 - Council approved Resolution No. 20230720-020 adopting the preliminary Service and Assessment Plan and proposed assessment roll for the Whisper Valley Public Improvement District Improvement Area #3 and authorizing the negotiation and execution of the Whisper Valley Public Improvement District Acquisition and Reimbursement Agreement Improvement Area #3.
December 1, 2022 - Council approved Ordinance No. 20221201-006 authorizing the issuance of City of Austin, Texas Special Assessment Revenue Bonds, Series 2022 and authorizing all related documents and fees.
July 28, 2022 - Council approved Ordinance No. 20210729-042 adopting the 2022 Annual Service and Assessment Plan Update.
October 1, 2020 - Council adopted Ordinance No. 20201001-039 approving a Whisper Valley Improvement Area #2 assessment roll and levied assessments on benefited properties within Whisper Valley Improvement Area #2.
March 28, 2019 - Council approved Ordinance No. 20190328-008 authorizing the issuance of Revenue Bonds in an estimated amount not to exceed $4,500,000 and authorizing all related documents and fees.
February 7, 2019 - Council ratified and confirmed Ordinance No. 20180823-073 pertaining to t...
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