CITY OF FRIENDSWOOD
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN THAT a public hearing will be conducted by the City Council of the City of Friendswood, Texas, at 5:30 p.m. on November 4, 2024, at the regular meeting place of the City, the City Council Chamber at Friendswood City Hall, 910 S Friendswood Dr., Friendswood, Texas 77546. The public hearing will be held to consider proposed assessments to be levied against certain assessable property in the Friendswood City Center Public Improvement District (the “District”) pursuant to the provisions of Chapter 372 of the Texas Local Government Code, as amended (the “Act”).
The general nature of the proposed public improvements (collectively, the “Authorized Improvements”) may include (i) design, acquisition, construction, improvement, and other allowed costs related to street and roadway improvements, including related drainage, sidewalks, utility relocation, signalization, landscaping, lighting, signage, off-street parking and right-of-way; (ii) design, acquisition, construction, improvement, and other allowed costs related to storm drainage improvements; (iii) design, acquisition, construction, improvement, and other allowed costs related to water, wastewater and drainage (including detention) improvements and facilities; (iv) design, acquisition, construction, improvement, and other allowed costs related to parks, open space and recreational improvements including trails and landscaping related thereto; (v) design, acquisition, construction, improvement, and other allowed costs related to firefighting facilities; (vi) design, construction and other allowed costs related to projects similar to those listed in sections (i) – (v) above authorized by the Act, including similar off-site projects that provide a benefit to the Property within the District; (vii) acquisition of real property, interests in real property, or contract rights in connection with each Authorized Improvement (viii) payment of expenses incurred in the establishment, administration, and operation of the District; (ix) payment of expenses associated with financing such public improvement projects, which may include, but are not limited to, costs associated with the issuance and sale of revenue bonds secured by assessments levied against the Property within the District; and (x) maintenance and operation expenses of the Authorized Improvements.
The estimated cost to design, acquire and construct the Authorized Improvements, together with bond issuance costs, eligible legal and financial fees, eligible credit enhancement costs and eligible costs incurred in the establishment, administration and operation of the District is $100,000,000. The City will pay the costs of the Authorized Improvements with assessments levied on property within the District and other lawfully available funds of the City. The remaining costs of the proposed improvements will be paid from sources other than those described above.
The boundaries of the District include approximately 106.472 acres of land within the City of Friendswood, Texas, said property being situated in the Sarah McKissick League, Abstract Number 549, Harris County, Texas. A metes and bounds description is available for inspection at the offices of the City Secretary at the location described below.
All written or oral objections relating to the levy of the proposed assessments will be considered at the public hearing.
A copy of the Preliminary Service and Assessment Plan, including the proposed Assessment Roll, for the District, which includes the assessments to be levied against each parcel in the District, is available for public inspection at the office of the City Secretary, Friendswood City Hall, 910 S Friendswood Dr., Friendswood, Texas 77546.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 8th day of October, 2024.
/s/ Leticia Brysch
City Secretary
