16 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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17 | 12 | | SECTION 1. Subtitle C, Title 4, Special District Local Laws |
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18 | 13 | | Code, is amended by adding Chapter 3959 to read as follows: |
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19 | 14 | | CHAPTER 3959. NORTH CELINA MUNICIPAL MANAGEMENT DISTRICT NO. 3 |
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20 | 15 | | SUBCHAPTER A. GENERAL PROVISIONS |
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21 | 16 | | Sec. 3959.001. DEFINITIONS. In this chapter: |
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22 | 17 | | (1) "Board" means the district's board of directors. |
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23 | 18 | | (2) "City" means the City of Celina, Texas. |
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24 | 19 | | (3) "Commission" means the Texas Commission on |
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25 | 20 | | Environmental Quality. |
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26 | 21 | | (4) "Director" means a board member. |
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27 | 22 | | (5) "District" means the North Celina Municipal |
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28 | 23 | | Management District No. 3. |
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29 | 24 | | Sec. 3959.002. CREATION AND NATURE OF DISTRICT. The |
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30 | 25 | | district is a special district created under Sections 52 and 52-a, |
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31 | 26 | | Article III, and Section 59, Article XVI, Texas Constitution. |
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32 | 27 | | Sec. 3959.003. PURPOSE; LEGISLATIVE FINDINGS. (a) The |
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33 | 28 | | creation of the district is essential to accomplish the purposes of |
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34 | 29 | | Sections 52 and 52-a, Article III, and Section 59, Article XVI, |
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35 | 30 | | Texas Constitution, and other public purposes stated in this |
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36 | 31 | | chapter. By creating the district and in authorizing the city and |
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37 | 32 | | other political subdivisions to contract with the district, the |
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38 | 33 | | legislature has established a program to accomplish the public |
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39 | 34 | | purposes set out in Section 52-a, Article III, Texas Constitution. |
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40 | 35 | | (b) The creation of the district is necessary to promote, |
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41 | 36 | | develop, encourage, and maintain employment, commerce, |
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42 | 37 | | transportation, housing, tourism, recreation, the arts, |
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43 | 38 | | entertainment, economic development, safety, and the public |
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44 | 39 | | welfare in the district. |
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45 | 40 | | (c) The district is created to supplement and not to |
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46 | 41 | | supplant city services provided in the district. |
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47 | 42 | | Sec. 3959.004. FINDINGS OF BENEFIT AND PUBLIC PURPOSE. (a) |
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48 | 43 | | The district is created to serve a public use and benefit. |
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49 | 44 | | (b) All land and other property included in the district |
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50 | 45 | | will benefit from the improvements and services to be provided by |
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51 | 46 | | the district under powers conferred by Sections 52 and 52-a, |
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52 | 47 | | Article III, and Section 59, Article XVI, Texas Constitution, and |
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53 | 48 | | other powers granted under this chapter. |
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54 | 49 | | (c) The creation of the district is in the public interest |
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55 | 50 | | and is essential to further the public purposes of: |
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56 | 51 | | (1) developing and diversifying the economy of the |
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57 | 52 | | state; |
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58 | 53 | | (2) eliminating unemployment and underemployment; |
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59 | 54 | | (3) developing or expanding transportation and |
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60 | 55 | | commerce; and |
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61 | 56 | | (4) providing quality residential housing. |
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62 | 57 | | (d) The district will: |
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63 | 58 | | (1) promote the health, safety, and general welfare of |
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64 | 59 | | residents, employers, potential employees, employees, visitors, |
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65 | 60 | | and consumers in the district, and of the public; |
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66 | 61 | | (2) provide needed funding for the district to |
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67 | 62 | | preserve, maintain, and enhance the economic health and vitality of |
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68 | 63 | | the district territory as a residential community and business |
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69 | 64 | | center; and |
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70 | 65 | | (3) promote the health, safety, welfare, and enjoyment |
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71 | 66 | | of the public by providing pedestrian ways and by landscaping and |
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72 | 67 | | developing certain areas in the district, which are necessary for |
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73 | 68 | | the restoration, preservation, and enhancement of scenic beauty. |
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74 | 69 | | (e) Pedestrian ways along or across a street, whether at |
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75 | 70 | | grade or above or below the surface, and street lighting, street |
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76 | 71 | | landscaping, vehicle parking, and street art objects are parts of |
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77 | 72 | | and necessary components of a street and are considered to be an |
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78 | 73 | | improvement project that includes a street or road improvement. |
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79 | 74 | | (f) The district will not act as the agent or |
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80 | 75 | | instrumentality of any private interest even though the district |
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81 | 76 | | will benefit many private interests as well as the public. |
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82 | 77 | | Sec. 3959.005. INITIAL DISTRICT TERRITORY. (a) The |
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83 | 78 | | district is initially composed of the territory described by |
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84 | 79 | | Section 2 of the Act enacting this chapter. |
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85 | 80 | | (b) The boundaries and field notes contained in Section 2 of |
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86 | 81 | | the Act enacting this chapter form a closure. A mistake in the |
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87 | 82 | | field notes or in copying the field notes in the legislative process |
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88 | 83 | | does not affect the district's: |
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89 | 84 | | (1) organization, existence, or validity; |
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90 | 85 | | (2) right to issue any type of bond for the purposes |
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91 | 86 | | for which the district is created or to pay the principal of and |
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92 | 87 | | interest on a bond; |
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93 | 88 | | (3) right to impose or collect an assessment or tax; or |
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94 | 89 | | (4) legality or operation. |
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95 | 90 | | Sec. 3959.006. APPLICABILITY OF MUNICIPAL MANAGEMENT |
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96 | 91 | | DISTRICT LAW. Except as provided by this chapter, Chapter 375, |
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97 | 92 | | Local Government Code, applies to the district. |
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98 | 93 | | Sec. 3959.007. CONFIRMATION AND DIRECTORS' ELECTION |
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99 | 94 | | REQUIRED. The initial directors shall hold an election to confirm |
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100 | 95 | | the creation of the district and to elect five permanent directors |
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101 | 96 | | as provided by Section 49.102, Water Code. |
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102 | 97 | | Sec. 3959.008. CONSENT OF MUNICIPALITY REQUIRED. The |
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103 | 98 | | initial directors may not hold an election under Section 3959.007 |
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104 | 99 | | until each municipality in whose corporate limits or |
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105 | 100 | | extraterritorial jurisdiction the district is located has |
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106 | 101 | | consented by ordinance or resolution to the creation of the |
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107 | 102 | | district and to the inclusion of land in the district. |
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108 | 103 | | Sec. 3959.009. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES. |
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109 | 104 | | (a) All or any part of the area of the district is eligible to be |
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110 | 105 | | included in: |
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111 | 106 | | (1) a tax increment reinvestment zone created under |
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112 | 107 | | Chapter 311, Tax Code; |
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113 | 108 | | (2) a tax abatement reinvestment zone created under |
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114 | 109 | | Chapter 312, Tax Code; or |
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115 | 110 | | (3) an enterprise zone created under Chapter 2303, |
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116 | 111 | | Government Code. |
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117 | 112 | | (b) If the city creates a tax increment reinvestment zone |
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118 | 113 | | described by Subsection (a), the city and the board of directors of |
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119 | 114 | | the zone, by contract with the district, may grant money deposited |
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120 | 115 | | in the tax increment fund to the district to be used by the district |
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121 | 116 | | for: |
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122 | 117 | | (1) the purposes permitted for money granted to a |
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123 | 118 | | corporation under Section 380.002(b), Local Government Code; and |
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124 | 119 | | (2) any other district purpose, including the right to |
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125 | 120 | | pledge the money as security for any bonds or other obligations |
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126 | 121 | | issued by the district under Section 3959.201. |
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127 | 122 | | (c) If the city creates a tax increment reinvestment zone |
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128 | 123 | | described by Subsection (a), the city may determine the percentage |
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129 | 124 | | of the property in the zone that may be used for residential |
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130 | 125 | | purposes and is not subject to the limitations provided by Section |
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131 | 126 | | 311.006, Tax Code. |
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132 | 127 | | Sec. 3959.010. EFFECT OF ANNEXATION. Notwithstanding any |
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133 | 128 | | other law, if all of the territory of the district is annexed by the |
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134 | 129 | | city into the city's corporate limits, the district: |
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135 | 130 | | (1) retains all of the district's outstanding debt and |
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136 | 131 | | obligations; |
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137 | 132 | | (2) is not dissolved; and |
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138 | 133 | | (3) continues to operate under this chapter until the |
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139 | 134 | | district is dissolved under Subchapter F. |
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140 | 135 | | Sec. 3959.011. CONSTRUCTION OF CHAPTER. This chapter shall |
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141 | 136 | | be construed liberally in conformity with the findings and purposes |
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142 | 137 | | stated in this chapter. |
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143 | 138 | | SUBCHAPTER B. BOARD OF DIRECTORS |
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144 | 139 | | Sec. 3959.051. GOVERNING BODY; TERMS. (a) The district is |
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145 | 140 | | governed by a board of five elected directors. |
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146 | 141 | | (b) Except as provided by Section 3959.054, directors serve |
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147 | 142 | | staggered four-year terms, with two or three directors' terms |
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148 | 143 | | expiring June 1 of each odd-numbered year. |
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149 | 144 | | Sec. 3959.052. BOARD MEETINGS. The board shall hold |
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150 | 145 | | meetings at a place accessible to the public and located in the |
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151 | 146 | | city. |
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152 | 147 | | Sec. 3959.053. REMOVAL OF DIRECTORS. (a) The board may |
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153 | 148 | | remove a director by unanimous vote of the other directors if the |
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154 | 149 | | director has missed at least half of the meetings scheduled during |
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155 | 150 | | the preceding 12 months. |
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156 | 151 | | (b) A director removed under this section may file a written |
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157 | 152 | | appeal with the commission not later than the 30th day after the |
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158 | 153 | | date the director receives written notice of the board action. The |
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159 | 154 | | commission may reinstate the director if the commission finds that |
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160 | 155 | | the removal was unwarranted under the circumstances after |
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161 | 156 | | considering the reasons for the absences, the time and place of the |
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162 | 157 | | meetings, the business conducted at the meetings missed, and any |
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163 | 158 | | other relevant circumstances. |
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164 | 159 | | Sec. 3959.054. INITIAL DIRECTORS. (a) The initial board |
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165 | 160 | | consists of: |
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166 | 161 | | Pos. No. Name of Director |
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167 | 162 | | 1 John Peavy |
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168 | 163 | | 2 Charles Taylor |
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169 | 164 | | 3 Steve Cook |
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170 | 165 | | 4 Paul Schlosberg |
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171 | 166 | | 5 Russell Miller |
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172 | 167 | | (b) Initial directors serve until the earlier of: |
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173 | 168 | | (1) the date permanent directors are elected under |
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174 | 169 | | Section 3959.007; or |
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175 | 170 | | (2) the fourth anniversary of the effective date of |
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176 | 171 | | the Act enacting this chapter. |
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177 | 172 | | (c) If permanent directors have not been elected under |
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178 | 173 | | Section 3959.007 and the terms of the initial directors have |
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179 | 174 | | expired, successor initial directors shall be appointed or |
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180 | 175 | | reappointed as provided by Subsection (d) to serve terms that |
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181 | 176 | | expire on the earlier of: |
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182 | 177 | | (1) the date permanent directors are elected under |
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183 | 178 | | Section 3959.007; or |
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184 | 179 | | (2) the fourth anniversary of the date of the |
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185 | 180 | | appointment or reappointment. |
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186 | 181 | | (d) If Subsection (c) applies, the owner or owners of a |
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187 | 182 | | majority of the assessed value of the real property in the district |
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188 | 183 | | according to the most recent certified tax appraisal rolls for the |
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189 | 184 | | county may submit a petition to the commission requesting that the |
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190 | 185 | | commission appoint as successor initial directors the five persons |
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191 | 186 | | named in the petition. The commission shall appoint as successor |
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192 | 187 | | initial directors the five persons named in the petition. |
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193 | 188 | | SUBCHAPTER C. POWERS AND DUTIES |
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194 | 189 | | Sec. 3959.101. GENERAL POWERS AND DUTIES. The district has |
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195 | 190 | | the powers and duties necessary to accomplish the purposes for |
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196 | 191 | | which the district is created. |
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197 | 192 | | Sec. 3959.102. PUBLIC IMPROVEMENT DISTRICT POWERS. The |
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198 | 193 | | district has the powers provided by Chapter 372, Local Government |
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199 | 194 | | Code, to a municipality or county. |
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200 | 195 | | Sec. 3959.103. IMPROVEMENT PROJECTS AND SERVICES. (a) |
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201 | 196 | | Subject to Subsection (c), the district may provide, design, |
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202 | 197 | | construct, acquire, improve, relocate, operate, maintain, or |
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203 | 198 | | finance an improvement project or service using money available to |
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204 | 199 | | the district, or contract with a governmental or private entity to |
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205 | 200 | | provide, design, construct, acquire, improve, relocate, operate, |
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206 | 201 | | maintain, or finance an improvement project or service authorized |
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207 | 202 | | under this chapter or Chapter 375, Local Government Code. |
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208 | 203 | | (b) The district may undertake an improvement project or |
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209 | 204 | | service that confers a special benefit on a definable area in the |
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210 | 205 | | district and levy and collect a special assessment on benefited |
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211 | 206 | | property in the district in accordance with: |
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212 | 207 | | (1) Chapter 372, Local Government Code; or |
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213 | 208 | | (2) Chapter 375, Local Government Code. |
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214 | 209 | | (c) The district may not construct or finance an improvement |
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215 | 210 | | project, other than a water, sewer, or drainage facility or road, |
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216 | 211 | | without obtaining the written consent of the city's governing body. |
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217 | 212 | | Sec. 3959.104. LOCATION OF IMPROVEMENT PROJECT. A district |
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218 | 213 | | improvement project may be located inside or outside of the |
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219 | 214 | | district. |
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220 | 215 | | Sec. 3959.105. OWNERSHIP OF IMPROVEMENT PROJECTS. (a) |
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221 | 216 | | Before a district improvement project may be put into operation, |
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222 | 217 | | the district must transfer ownership of the project to the city. |
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223 | 218 | | (b) The transfer of ownership is complete on the city's |
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224 | 219 | | acceptance of ownership. |
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225 | 220 | | Sec. 3959.106. RETAIL WATER AND SEWER SERVICES PROHIBITED. |
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226 | 221 | | The district may not provide retail water or sewer services. |
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227 | 222 | | Sec. 3959.107. ADDING OR REMOVING TERRITORY. (a) Subject |
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228 | 223 | | to Subsections (b) and (c), the board may add or remove territory as |
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229 | 224 | | provided by Subchapter J, Chapter 49, Water Code. |
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230 | 225 | | (b) The district may add territory as described by |
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231 | 226 | | Subsection (a) only if the district obtains written consent from |
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232 | 227 | | the governing body of the city. |
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233 | 228 | | (c) The district and any district created under Section |
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234 | 229 | | 3959.108 may not add a total area of more than 100 acres. |
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235 | 230 | | Sec. 3959.108. DIVISION OF DISTRICT. (a) The district may |
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236 | 231 | | be divided into two or more new districts only if the district: |
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237 | 232 | | (1) has no outstanding bonded debt; and |
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238 | 233 | | (2) is not imposing ad valorem taxes. |
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239 | 234 | | (b) This chapter applies to any new district created by the |
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240 | 235 | | division of the district, and a new district has all the powers and |
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241 | 236 | | duties of the district. |
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242 | 237 | | (c) Any new district created by the division of the district |
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243 | 238 | | may not, at the time the new district is created, contain any land |
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244 | 239 | | outside the area described by Section 2 of the Act enacting this |
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245 | 240 | | chapter. |
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246 | 241 | | (d) The board, on its own motion or on receipt of a petition |
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247 | 242 | | signed by the owner or owners of a majority of the assessed value of |
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248 | 243 | | the real property in the district, may adopt an order dividing the |
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249 | 244 | | district. |
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250 | 245 | | (e) The board may adopt an order dividing the district |
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251 | 246 | | before or after the date the board holds an election under Section |
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252 | 247 | | 3959.007 to confirm the creation of the district. |
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253 | 248 | | (f) An order dividing the district must: |
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254 | 249 | | (1) name each new district; |
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255 | 250 | | (2) include the metes and bounds description of the |
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256 | 251 | | territory of each new district; |
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257 | 252 | | (3) appoint initial directors for each new district; |
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258 | 253 | | and |
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259 | 254 | | (4) provide for the division of assets and liabilities |
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260 | 255 | | between or among the new districts. |
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261 | 256 | | (g) On or before the 30th day after the date of adoption of |
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262 | 257 | | an order dividing the district, the district shall file the order |
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263 | 258 | | with the commission and record the order in the real property |
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264 | 259 | | records of each county in which the district is located. |
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265 | 260 | | (h) Any new district created by the division of the district |
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266 | 261 | | shall hold a confirmation and directors' election as required by |
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267 | 262 | | Section 3959.007. |
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268 | 263 | | (i) Municipal consent to the creation of the district and to |
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269 | 264 | | the inclusion of land in the district granted under Section |
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270 | 265 | | 3959.008 acts as municipal consent to the creation of any new |
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271 | 266 | | district created by the division of the district and to the |
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272 | 267 | | inclusion of land in the new district. |
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273 | 268 | | (j) Any new district created by the division of the district |
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274 | 269 | | must hold an election as required by this chapter to obtain voter |
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275 | 270 | | approval before the district may impose a maintenance tax or issue |
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276 | 271 | | bonds payable wholly or partly from ad valorem taxes. |
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277 | 272 | | (k) If the creation of the new district is confirmed, the |
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278 | 273 | | new district shall provide the election date and results to the |
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279 | 274 | | commission. |
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282 | 278 | | SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS; ASSESSMENTS |
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283 | 279 | | Sec. 3959.151. DISBURSEMENTS AND TRANSFERS OF MONEY. The |
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284 | 280 | | board by resolution shall establish the number of directors' |
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285 | 281 | | signatures and the procedure required for a disbursement or |
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286 | 282 | | transfer of the district's money. |
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287 | 283 | | Sec. 3959.152. MONEY USED FOR IMPROVEMENTS OR SERVICES. |
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288 | 284 | | The district may acquire, construct, operate, maintain, or finance |
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289 | 285 | | an improvement project or service authorized by this chapter or |
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290 | 286 | | Chapter 375, Local Government Code, using any money available to |
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291 | 287 | | the district. |
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292 | 288 | | Sec. 3959.153. METHOD OF NOTICE FOR HEARING. The district |
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293 | 289 | | may mail the notice required by Section 375.115(c), Local |
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294 | 290 | | Government Code, by certified or first class United States mail. |
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295 | 291 | | The board shall determine the method of notice. |
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296 | 292 | | Sec. 3959.154. ASSESSMENTS; LIENS FOR ASSESSMENTS. (a) |
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297 | 293 | | The board by order may impose and collect an assessment for any |
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298 | 294 | | purpose authorized by this chapter in all or any part of the |
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299 | 295 | | district in the manner provided for: |
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300 | 296 | | (1) a district under Subchapters A, E, and F, Chapter |
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301 | 297 | | 375, Local Government Code; or |
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302 | 298 | | (2) a municipality or county under Subchapter A, |
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303 | 299 | | Chapter 372, Local Government Code. |
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304 | 300 | | (b) An assessment, a reassessment, or an assessment |
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305 | 301 | | resulting from an addition to or correction of the assessment roll |
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306 | 302 | | by the district, penalties and interest on an assessment or |
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307 | 303 | | reassessment, an expense of collection, and reasonable attorney's |
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308 | 304 | | fees incurred by the district are: |
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309 | 305 | | (1) a first and prior lien against the property |
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310 | 306 | | assessed; |
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311 | 307 | | (2) superior to any other lien or claim other than a |
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312 | 308 | | lien or claim for county, school district, or municipal ad valorem |
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313 | 309 | | taxes; and |
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314 | 310 | | (3) the personal liability of and a charge against the |
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315 | 311 | | owners of the property even if the owners are not named in the |
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316 | 312 | | assessment proceedings. |
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317 | 313 | | (c) The lien is effective from the date of the board's |
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318 | 314 | | resolution imposing the assessment until the date the assessment is |
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319 | 315 | | paid. The board may enforce the lien in the same manner that the |
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320 | 316 | | board may enforce an ad valorem tax lien against real property. |
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321 | 317 | | (d) The board may make a correction to or deletion from the |
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322 | 318 | | assessment roll that does not increase the amount of assessment of |
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323 | 319 | | any parcel of land without providing notice and holding a hearing in |
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324 | 320 | | the manner required for additional assessments. |
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325 | 321 | | (e) The district may not impose an assessment on a |
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326 | 322 | | municipality, county, or other political subdivision. |
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327 | 323 | | Sec. 3959.155. NOTICE OF ASSESSMENTS. Annually, the board |
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328 | 324 | | shall file with the secretary of the city written notice that |
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329 | 325 | | specifies the assessments the district will impose in the |
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330 | 326 | | district's next fiscal year in sufficient clarity to describe the |
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331 | 327 | | assessments for the operation and maintenance of the district and |
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332 | 328 | | the assessments for the payment of debt service of obligations |
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333 | 329 | | issued or incurred by the district. |
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334 | 330 | | SUBCHAPTER E. TAXES AND BONDS |
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335 | 331 | | Sec. 3959.201. BONDS AND OTHER OBLIGATIONS. (a) The |
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336 | 332 | | district may issue, by public or private sale, bonds, notes, or |
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337 | 333 | | other obligations payable wholly or partly from ad valorem taxes or |
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338 | 334 | | assessments in the manner provided by: |
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339 | 335 | | (1) Subchapter J, Chapter 375, Local Government Code; |
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340 | 336 | | or |
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341 | 337 | | (2) Subchapter A, Chapter 372, Local Government Code, |
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342 | 338 | | if the improvements financed by an obligation issued under this |
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343 | 339 | | section will be conveyed to or operated and maintained by a |
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344 | 340 | | municipality or other retail utility provider pursuant to an |
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345 | 341 | | agreement with the district entered into before the issuance of the |
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346 | 342 | | obligation. |
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347 | 343 | | (b) In exercising the district's borrowing power, the |
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348 | 344 | | district may issue a bond or other obligation in the form of a bond, |
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349 | 345 | | note, certificate of participation or other instrument evidencing a |
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350 | 346 | | proportionate interest in payments to be made by the district, or |
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351 | 347 | | other type of obligation. |
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352 | 348 | | (c) In addition to the sources of money described by |
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353 | 349 | | Subchapter A, Chapter 372, and Subchapter J, Chapter 375, Local |
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354 | 350 | | Government Code, district bonds may be secured and made payable |
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355 | 351 | | wholly or partly by a pledge of any part of the money the district |
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356 | 352 | | receives from improvement revenue or from any other source. |
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357 | 353 | | (d) Not later than the 30th day before the date the district |
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358 | 354 | | holds a bond sale, the district shall provide the governing body of |
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359 | 355 | | the city written notice of the sale. |
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360 | 356 | | (e) The district may issue bonds, notes, or other |
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361 | 357 | | obligations to maintain or repair an existing improvement project |
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362 | 358 | | only if the district obtains written consent from the governing |
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363 | 359 | | body of the city. |
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364 | 360 | | SUBCHAPTER F. DISSOLUTION |
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365 | 361 | | Sec. 3959.251. DISSOLUTION BY CITY ORDINANCE. (a) The |
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366 | 362 | | governing body of the city may dissolve the district by ordinance. |
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367 | 363 | | (b) The governing body may not dissolve the district until: |
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368 | 364 | | (1) water, sanitary, sewer, and drainage improvements |
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369 | 365 | | and roads have been constructed to serve at least 80 percent of the |
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370 | 366 | | net developable territory of the district; and |
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371 | 367 | | (2) the district has reimbursed a developer in the |
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372 | 368 | | district for all costs advanced to or on behalf of the district. |
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373 | 369 | | (c) Until the district is dissolved, the district is |
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374 | 370 | | responsible for all bonds and other obligations of the district. |
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375 | 371 | | Sec. 3959.252. COLLECTION OF ASSESSMENTS AND OTHER REVENUE. |
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376 | 372 | | (a) If the dissolved district has bonds or other obligations |
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377 | 373 | | outstanding secured by and payable from assessments or other |
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378 | 374 | | revenue, other than revenue from ad valorem taxes: |
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379 | 375 | | (1) the assessments remain in effect; and |
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380 | 376 | | (2) the city shall succeed to the rights and |
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381 | 377 | | obligations of the district regarding enforcement and collection of |
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382 | 378 | | the assessments or other revenue. |
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383 | 379 | | (b) The city shall have and exercise all district powers to |
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384 | 380 | | enforce and collect the assessments or other revenue to pay: |
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385 | 381 | | (1) the bonds or other obligations when due and |
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386 | 382 | | payable according to their terms; or |
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387 | 383 | | (2) special revenue or assessment bonds or other |
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388 | 384 | | obligations issued by the city to refund the outstanding bonds or |
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389 | 385 | | obligations. |
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390 | 386 | | Sec. 3959.253. ASSUMPTION OF ASSETS AND LIABILITIES. After |
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391 | 387 | | the city dissolves the district, the city assumes, subject to the |
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392 | 388 | | appropriation and availability of funds, the obligations of the |
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393 | 389 | | district, including any bonds or other debt payable from taxes, |
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394 | 390 | | assessments, or other district revenue and any assets of the |
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395 | 391 | | district. |
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396 | | - | SUBCHAPTER Z. SPECIAL BOND PROVISIONS |
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397 | | - | Sec. 3959.901. APPLICABILITY. This subchapter applies to |
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398 | | - | bonds payable wholly or partly from revenue derived from |
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399 | | - | assessments on real property in the district. |
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400 | | - | Sec. 3959.902. CONFLICT OF LAWS. In the event of a conflict |
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401 | | - | between this subchapter and any other law, this subchapter |
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402 | | - | prevails. |
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403 | | - | Sec. 3959.903. WRITTEN AGREEMENT REGARDING SPECIAL |
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404 | | - | APPRAISALS. Before an election may be held on the question of |
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405 | | - | issuing bonds, including an election that combines the question of |
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406 | | - | confirming the creation of the district with the question of |
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407 | | - | authorizing the district to issue bonds, the district and any |
---|
408 | | - | person to whom the governing body of the district intends that |
---|
409 | | - | proceeds of the bonds be distributed, including the developer, |
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410 | | - | another owner of land in the district, and any entity acting as a |
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411 | | - | lender to the developer or other landowner for the purpose of a |
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412 | | - | project relating to the district, must enter into a written |
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413 | | - | agreement that: |
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414 | | - | (1) waives for the term of the agreement the right to a |
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415 | | - | special appraisal with respect to taxation by the district under |
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416 | | - | Subchapters B, C, D, E, F, and H, Chapter 23, Tax Code; and |
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417 | | - | (2) remains in effect for 30 years and is binding on |
---|
418 | | - | the parties, on entities related to or affiliated with the parties, |
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419 | | - | and on their successors and assignees. |
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420 | | - | Sec. 3959.904. REQUIREMENTS FOR ADVERTISING BOND ISSUE. A |
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421 | | - | district may not advertise for an issuance of bonds until the |
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422 | | - | completion of at least 25 percent of the projected value of the |
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423 | | - | improvements, including houses and other buildings, that are liable |
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424 | | - | for district assessments and necessary to support the district |
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425 | | - | bonds. |
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426 | | - | Sec. 3959.905. REQUIREMENTS FOR BOND ISSUE. The district |
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427 | | - | may not issue bonds until: |
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428 | | - | (1) the issuance of the bonds is approved by a majority |
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429 | | - | of the district voters voting at an election called for that |
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430 | | - | purpose; |
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431 | | - | (2) the district submits to the commission: |
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432 | | - | (A) an engineer's report describing the project |
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433 | | - | for which the bonds will provide funding, including data, profiles, |
---|
434 | | - | maps, plans, and specifications related to the project; and |
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435 | | - | (B) a cash flow analysis to determine the |
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436 | | - | projected rate of assessment, which includes the following |
---|
437 | | - | assumptions: |
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438 | | - | (i) each ending balance for debt service in |
---|
439 | | - | the analysis is not less than 25 percent of the following year's |
---|
440 | | - | debt service requirement; |
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441 | | - | (ii) interest income is only shown on the |
---|
442 | | - | ending balance for debt service for the first two years; and |
---|
443 | | - | (iii) the projected rate of assessment is |
---|
444 | | - | level or decreasing for the life of the bonds issued by the |
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445 | | - | district; |
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446 | | - | (3) the completion of at least 75 percent of the |
---|
447 | | - | projected value of the improvements, including houses and other |
---|
448 | | - | buildings, that are liable for district assessments and necessary |
---|
449 | | - | to support the district bonds; and |
---|
450 | | - | (4) the district has obtained an independent market |
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451 | | - | study from a firm recognized in the area of real estate market |
---|
452 | | - | analysis supporting the development projects for the real property |
---|
453 | | - | that is liable for district assessments and necessary to support |
---|
454 | | - | the district bonds. |
---|
455 | | - | Sec. 3959.906. REQUIREMENTS FOR COLLECTION OF REVENUE TO |
---|
456 | | - | PAY BONDS. The district may not collect an assessment to be used |
---|
457 | | - | for the payment of bonds until: |
---|
458 | | - | (1) the completion of at least 95 percent of the |
---|
459 | | - | underground water, wastewater, and drainage facilities financed |
---|
460 | | - | from bond proceeds that are necessary to serve the projected |
---|
461 | | - | build-out, as certified by the district's engineer; |
---|
462 | | - | (2) the district or other appropriate party has |
---|
463 | | - | secured the groundwater, surface water, and water discharge permits |
---|
464 | | - | that are necessary to secure capacity to support the projected |
---|
465 | | - | build-out; |
---|
466 | | - | (3) the completion of at least 95 percent of lift |
---|
467 | | - | station, water plant, and sewage treatment plant capacity |
---|
468 | | - | sufficient to serve the connections constructed in the project for |
---|
469 | | - | a period of not less than 18 months, as certified by the district's |
---|
470 | | - | engineer; and |
---|
471 | | - | (4) the completion of at least 95 percent of the |
---|
472 | | - | streets and roads that are necessary to provide access to the areas |
---|
473 | | - | served by utilities and financed by the proceeds of bonds issued by |
---|
474 | | - | the district, as certified by the district's engineer and |
---|
475 | | - | constructed in accordance with municipal or county standards. |
---|
476 | 392 | | SECTION 2. The North Celina Municipal Management District |
---|
477 | 393 | | No. 3 initially includes all the territory contained in the |
---|
478 | 394 | | following area: |
---|
479 | 395 | | TRACT 1: 2178 ACRES MORE OR LESS |
---|
480 | 396 | | LEGAL DESCRIPTION CONSISTING OF 2178.085 ACRES MORE OR LESS BY |
---|
481 | 397 | | COMPILING DEEDS DESCRIBED AS TRACT II IN THE DEED TO DYNAVEST JOINT |
---|
482 | 398 | | VENTURE AS RECORDED IN VOLUME 2288, PAGE 119 OF THE DEED RECORDS OF |
---|
483 | 399 | | COLLIN COUNTY, TEXAS, A 218.360 ACRE TRACT OF LAND DESCRIBED AS |
---|
484 | 400 | | TRACT NO. 1, A CALLED 161.910 ACRE TRACT OF LAND DESCRIBED AS TRACT |
---|
485 | 401 | | NO. 2 IN THE DEED TO DYNAVEST JOINT VENTURE AS RECORDED IN VOLUME |
---|
486 | 402 | | 2288, PAGE 125 OF THE DEED RECORDS OF COLLIN COUNTY, TEXAS AND A |
---|
487 | 403 | | 1215.843 ACRE TRACT DESCRIBED IN THE DEED TO DYNAVEST JOINT VENTURE |
---|
488 | 404 | | AS RECORDED IN VOLUME 2288, PAGE 110, OF THE DEED RECORDS OF COLLIN |
---|
489 | 405 | | COUNTY, TEXAS. |
---|
490 | 406 | | BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND SITUATED IN THE J. W. |
---|
491 | 407 | | HAYNES SURVEY, ABSTRACT # 453, J, CUMBA SURVEY, ABSTRACT # 242, THE |
---|
492 | 408 | | J DAVIS SURVEY, ABSTRACT # 254, THE B.B.B. & C.R.R. SURVEY, ABSTRACT |
---|
493 | 409 | | # 131, THE H. COCHRAN SURVEY, ABSTRACT # 192, THE T & P. RR CO. |
---|
494 | 410 | | SURVEY, ABSTRACT # 1054, THE J.F. SMILEY SURVEY, ABSTRACT 869, THE |
---|
495 | 411 | | J. WORRALL SURVEY, ABSTRACT # 1036, THE J. QUEEN SURVEY, ABSTRACT # |
---|
496 | 412 | | 733, THE J. H. BIGGS SURVEY, ABSTRACT # 51, THE E. ALEXANDER SURVEY, |
---|
497 | 413 | | ABSTRACT # 19, THE SA & MG RR CO SURVEY, ABSTRACT # 876 AND THE P. |
---|
498 | 414 | | NEWSON, SURVEY, ABSTRACT # 665 AND BEING ALL OF A CALLED 579.400 |
---|
499 | 415 | | ACRE TRACT OF LAND DESCRIBED AS TRACT II IN THE DEED TO DYNAVEST |
---|
500 | 416 | | JOINT VENTURE AS RECORDED IN VOLUME 2288, PAGE 119 OF THE DEED |
---|
501 | 417 | | RECORDS OF COLLIN COUNTY, TEXAS, ALL OF A CALLED 218.360 ACRE TRACT |
---|
502 | 418 | | OF LAND DESCRIBED AS TRACT NO. 1 AND ALL OF A CALLED 161.910 ACRE |
---|
503 | 419 | | TRACT OF LAND DESCRIBED AS TRACT NO. 2 IN THE DEED TO DYNAVEST JOINT |
---|
504 | 420 | | VENTURE AS RECORDED IN VOLUME 2288, PAGE 125 OF THE DEED RECORDS OF |
---|
505 | 421 | | COLLIN COUNTY, TEXAS AND ALL OF A CALLED 1215.843 ACRE TRACT |
---|
506 | 422 | | DESCRIBED IN THE DEED TO DYNAVEST JOINT VENTURE AS RECORDED IN |
---|
507 | 423 | | VOLUME 2288, PAGE 110, OF THE DEED RECORDS OF COLLIN COUNTY, TEXAS |
---|
508 | 424 | | AND BEING MORE PARTICULAR DESCRIBED AS FOLLOWS: |
---|
509 | 425 | | BEGINNING AT A THE SOUTHWEST CORNER OF THE TRACT BEING DESCRIBED |
---|
510 | 426 | | HEREIN AT THE SOUTHWEST CORNER OF SAID 579.400 ACRE TRACT IN THE |
---|
511 | 427 | | NORTH RIGHT-OF-WAY LINE OF F. M. # 455; |
---|
512 | 428 | | THENCE NORTH 00 DEGREES 12 MINUTES 53 SECONDS EAST A DISTANCE OF |
---|
513 | 429 | | 6447.04 FEET TO A POINT FOR CORNER AT THE NORTHWEST CORNER OF SAID |
---|
514 | 430 | | 579.400 ACRE TRACT; |
---|
515 | 431 | | THENCE SOUTH 89 DEGREES 27 MINUTES 28 SECONDS EAST A DISTANCE OF |
---|
516 | 432 | | 2678.28 FEET TO A POINT FOR CORNER; |
---|
517 | 433 | | THENCE NORTH 00 DEGREES 23 MINUTES 38 SECONDS EAST A DISTANCE OF |
---|
518 | 434 | | 1013.53 FEET TO A POINT FOR CORNER AT THE MOST NORTHERLY NORTHWEST |
---|
519 | 435 | | CORNER OF SAID 579.400 ACRE TRACT; |
---|
520 | 436 | | THENCE NORTH 89 DEGREES 27 MINUTES 02 SECONDS EAST A DISTANCE OF |
---|
521 | 437 | | 2192.86 FEET TO A POINT FOR CORNER IN ELM CREEK; |
---|
522 | 438 | | THENCE NORTH 41 DEGREES 45 MINUTES 00 SECONDS EAST ALONG THE CENTER |
---|
523 | 439 | | OF ELM CREEK A DISTANCE OF 693.00 FEET TO A POINT FOR CORNER; |
---|
524 | 440 | | THENCE NORTH 48 DEGREES 30 MINUTES 00 SECONDS EAST ALONG THE CENTER |
---|
525 | 441 | | OF ELM CREEK A DISTANCE OF 417.00 FEET TO A POINT FOR CORNER; |
---|
526 | 442 | | THENCE NORTH 10 DEGREES 40 MINUTES 00 SECONDS EAST ALONG THE CENTER |
---|
527 | 443 | | OF ELM CREEK A DISTANCE OF 274.20 FEET TO A POINT FOR CORNER; |
---|
528 | 444 | | THENCE NORTH 74 DEGREES 54 MINUTES 00 SECONDS EAST ALONG THE CENTER |
---|
529 | 445 | | OF ELM CREEK A DISTANCE OF 211.00 FEET TO A POINT FOR CORNER; |
---|
530 | 446 | | THENCE NORTH 65 DEGREES 52 MINUTES 00 SECONDS EAST ALONG THE CENTER |
---|
531 | 447 | | OF ELM CREEK A DISTANCE OF 282.00 FEET TO A POINT FOR CORNER; |
---|
532 | 448 | | THENCE NORTH 26 DEGREES 53 MINUTES 00 SECONDS EAST ALONG THE CENTER |
---|
533 | 449 | | OF ELM CREEK A DISTANCE OF 1077.50 FEET TO A POINT FOR CORNER TO THE |
---|
534 | 450 | | MOST NORTHERLY NORTHWEST CORNER OF SAID 1215.843 ACRE TRACT; |
---|
535 | 451 | | THENCE SOUTH 87 DEGREES 54 MINUTES 00 SECONDS EAST A DISTANCE OF |
---|
536 | 452 | | 271.00 FEET TO A POINT FOR CORNER; |
---|
537 | 453 | | THENCE SOUTH 89 DEGREES 54 MINUTES 00 SECONDS EAST A DISTANCE OF |
---|
538 | 454 | | 127.00 FEET TO A POINT FOR CORNER; |
---|
539 | 455 | | THENCE NORTH 88 DEGREES 58 MINUTES 00 SECONDS EAST A DISTANCE OF |
---|
540 | 456 | | 560.00 FEET TO A POINT FOR CORNER; |
---|
541 | 457 | | THENCE NORTH 87 DEGREES 46 MINUTES 00 SECONDS EAST A DISTANCE OF |
---|
542 | 458 | | 917.00 FEET TO A POINT FOR CORNER; |
---|
543 | 459 | | THENCE SOUTH 86 DEGREES 43 MINUTES 00 SECONDS EAST A DISTANCE OF |
---|
544 | 460 | | 411.00 FEET TO A POINT FOR CORNER TO THE MOST NORTHERLY NORTHEAST |
---|
545 | 461 | | CORNER OF SAID 1215.843 ACRE TRACT |
---|
546 | 462 | | THENCE SOUTH 01 DEGREES 44 MINUTES 00 SECONDS EAST A DISTANCE OF |
---|
547 | 463 | | 889.00 FEET TO A POINT FOR CORNER; |
---|
548 | 464 | | THENCE SOUTH 58 DEGREES 17 MINUTES 00 SECONDS EAST A DISTANCE OF |
---|
549 | 465 | | 675.00 FEET TO A POINT FOR CORNER; |
---|
550 | 466 | | THENCE NORTH 89 DEGREES 55 MINUTES 00 SECONDS EAST A DISTANCE OF |
---|
551 | 467 | | 611.00 FEET TO A POINT FOR CORNER; |
---|
552 | 468 | | THENCE SOUTH 00 DEGREES 52 MINUTES 00 SECONDS WEST A DISTANCE OF |
---|
553 | 469 | | 529.00 FEET TO A POINT FOR CORNER; |
---|
554 | 470 | | THENCE SOUTH 00 DEGREES 19 MINUTES 00 SECONDS WEST A DISTANCE OF |
---|
555 | 471 | | 3775.00 FEET TO A POINT FOR CORNER; |
---|
556 | 472 | | THENCE SOUTH 03 DEGREES 39 MINUTES 54 SECONDS WEST A DISTANCE OF |
---|
557 | 473 | | 491.83 FEET TO A POINT FOR CORNER; |
---|
558 | 474 | | THENCE SOUTH 00 DEGREES 21 MINUTES 00 SECONDS WEST A DISTANCE OF |
---|
559 | 475 | | 271.50 FEET TO A POINT FOR CORNER; |
---|
560 | 476 | | THENCE SOUTH 02 DEGREES 03 MINUTES 09 SECONDS EAST A DISTANCE OF |
---|
561 | 477 | | 560.34 FEET TO A POINT FOR CORNER; |
---|
562 | 478 | | THENCE SOUTH 86 DEGREES 42 MINUTES 28 SECONDS WEST A DISTANCE OF |
---|
563 | 479 | | 66.00 FEET TO A POINT FOR CORNER; |
---|
564 | 480 | | THENCE SOUTH 01 DEGREES 07 MINUTES 18 SECONDS EAST A DISTANCE OF |
---|
565 | 481 | | 2883.84 FEET TO A POINT FOR CORNER AT THE MOST EASTERLY SOUTHEAST |
---|
566 | 482 | | CORNER OF SAID 1215.843 ACRE TRACT AND THE NORTHEAST CORNER OF SAID |
---|
567 | 483 | | 161.91 ACRE TRACT; |
---|
568 | 484 | | THENCE SOUTH 01 DEGREES 59 MINUTES 59 SECONDS EAST A DISTANCE OF |
---|
569 | 485 | | 271.54 FEET TO A POINT FOR CORNER; |
---|
570 | 486 | | THENCE SOUTH 02 DEGREES 49 MINUTES 01 SECONDS EAST A DISTANCE OF |
---|
571 | 487 | | 698.98 FEET TO A POINT FOR CORNER; |
---|
572 | 488 | | THENCE SOUTH 02 DEGREES 27 MINUTES 24 SECONDS EAST A DISTANCE OF |
---|
573 | 489 | | 849.68 FEET TO A POINT FOR CORNER TO THE SOUTHEAST CORNER OF SAID |
---|
574 | 490 | | 161.91 ACRE TRACT; |
---|
575 | 491 | | THENCE SOUTH 88 DEGREES 39 MINUTES 30 SECONDS WEST A DISTANCE OF |
---|
576 | 492 | | 2104.21 FEET TO A POINT FOR CORNER; |
---|
577 | 493 | | THENCE SOUTH 87 DEGREES 44 MINUTES 05 SECONDS WEST A DISTANCE OF |
---|
578 | 494 | | 986.67 FEET TO A POINT FOR CORNER; |
---|
579 | 495 | | THENCE SOUTH 89 DEGREES 09 MINUTES 32 SECONDS WEST A DISTANCE OF |
---|
580 | 496 | | 508.11 FEET TO A POINT FOR CORNER; |
---|
581 | 497 | | THENCE SOUTH 87 DEGREES 55 MINUTES 18 SECONDS WEST A DISTANCE OF |
---|
582 | 498 | | 230.84 FEET TO A POINT FOR CORNER; |
---|
583 | 499 | | THENCE SOUTH 88 DEGREES 45 MINUTES 02 SECONDS WEST A DISTANCE OF |
---|
584 | 500 | | 285.38 FEET TO A POINT FOR CORNER; |
---|
585 | 501 | | THENCE NORTH 74 DEGREES 25 MINUTES 03 SECONDS WEST A DISTANCE OF |
---|
586 | 502 | | 1160.29 FEET TO A POINT FOR CORNER; |
---|
587 | 503 | | THENCE NORTH 74 DEGREES 36 MINUTES 18 SECONDS WEST A DISTANCE OF |
---|
588 | 504 | | 404.97 FEET TO A POINT FOR CORNER TO A POINT IN THE NORTH |
---|
589 | 505 | | RIGHT-OF-WAY LINE OF FM # 455; |
---|
590 | 506 | | THENCE NORTH 15 DEGREES 23 MINUTES 42 SECONDS EAST WITH SAID |
---|
591 | 507 | | RIGHT-OF-WAY LINE A DISTANCE OF 40.00 FEET TO A POINT FOR CORNER; |
---|
592 | 508 | | THENCE NORTH 74 DEGREES 36 MINUTES 18 SECONDS WEST WITH SAID |
---|
593 | 509 | | RIGHT-OF-WAY LINE A DISTANCE OF 179.93 FEET TO A POINT FOR CORNER; |
---|
594 | 510 | | THENCE NORTH 52 DEGREES 06 MINUTES 25 SECONDS WEST WITH SAID |
---|
595 | 511 | | RIGHT-OF-WAY LINE A DISTANCE OF 697.67 FEET TO A POINT FOR CORNER; |
---|
596 | 512 | | THENCE WITH SAID RIGHT-OF-WAY LINE AND WITH A CURVE TURNING TO THE |
---|
597 | 513 | | LEFT WITH AN ARC LENGTH OF363.14 FEET, WITH A RADIUS OF 986.86 FEET, |
---|
598 | 514 | | WITH A CHORD BEARING OF NORTH 62 DEGREES 38 MINUTES 55 SECONDS WEST, |
---|
599 | 515 | | AND WITH A CHORD LENGTH OF 361.09 FEET TO A POINT FOR CORNER; |
---|
600 | 516 | | THENCE NORTH 73 DEGREES 11 MINUTES 25 SECONDS WEST WITH SAID |
---|
601 | 517 | | RIGHT-OF-WAY LINE A DISTANCE OF 199.75 FEET TO A POINT FOR CORNER; |
---|
602 | 518 | | THENCE WITH SAID RIGHT-OF-WAY LINE AND WITH A CURVE TURNING TO THE |
---|
603 | 519 | | LEFT WITH AN ARC LENGTH OF 254.11 FEET, WITH A RADIUS OF 1367.32 |
---|
604 | 520 | | FEET, WITH A CHORD BEARING OF NORTH 78 DEGREES 37 MINUTES 35 SECONDS |
---|
605 | 521 | | WEST, AND WITH A CHORD LENGTH OF 253.75 FEET; |
---|
606 | 522 | | THENCE NORTH 83 DEGREES 34 MINUTES 06 SECONDS WEST WITH SAID |
---|
607 | 523 | | RIGHT-OF-WAY LINE A DISTANCE OF 104.02 FEET TO A POINT FOR CORNER; |
---|
608 | 524 | | THENCE NORTH 83 DEGREES 34 MINUTES 06 SECONDS WEST WITH SAID |
---|
609 | 525 | | RIGHT-OF-WAY LINE A DISTANCE OF 2140.11 FEET TO A POINT FOR CORNER; |
---|
610 | 526 | | THENCE WITH SAID RIGHT-OF-WAY LINE AND WITH A CURVE TURNING TO THE |
---|
611 | 527 | | RIGHT WITH AN ARC LENGTH OF 283.92 FEET, WITH A RADIUS OF 528.70 |
---|
612 | 528 | | FEET, WITH A CHORD BEARING OF NORTH 68 DEGREES 22 MINUTES 06 SECONDS |
---|
613 | 529 | | WEST, AND WITH A CHORD LENGTH OF 280.52 FEET TO A POINT FOR CORNER,; |
---|
614 | 530 | | THENCE NORTH 53 DEGREES 10 MINUTES 06 SECONDS WEST WITH SAID |
---|
615 | 531 | | RIGHT-OF-WAY LINE A DISTANCE OF 766.67 FEET TO THE POINT OF |
---|
616 | 532 | | BEGINNING AND ENCLOSING 2178.085 ACRES OF LAND, MORE OR LESS. |
---|
617 | 533 | | TRACT 2: 100.474 ACRES MORE OR LESS |
---|
618 | 534 | | LEGAL DESCRIPTION CONSISTING OF 100.474 ACRES MORE OR LESS BY |
---|
619 | 535 | | COMPUTING EXHIBIT A IN THE DEED TO THE TRACT OF LAND DESCRIBED AS |
---|
620 | 536 | | TRACT I IN THE DEED TO DYNAVEST JOINT VENTURE AS RECORDED IN VOLUME |
---|
621 | 537 | | 2288, PAGE 119 OF THE DEED RECORDS OF COLLIN COUNTY, TEXAS |
---|
622 | 538 | | BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND SITUATED IN THE J. |
---|
623 | 539 | | DAVIS SURVEY, ABSTRACT # 254, THE W.P. ALLEN SURVEY, ABSTRACT # 24, |
---|
624 | 540 | | AND THE J. HOWARD SURVEY, ABSTRACT # 442 AND BEING ALL OF A CALLED |
---|
625 | 541 | | 100.474 ACRE TRACT OF LAND DESCRIBED AS TRACT I IN THE DEED TO |
---|
626 | 542 | | DYNAVEST JOINT VENTURE AS RECORDED IN VOLUME 2288, PAGE 119 OF THE |
---|
627 | 543 | | DEED RECORDS OF COLLIN COUNTY, TEXAS AND BEING MORE PARTICULARLY |
---|
628 | 544 | | DESCRIBED AS FOLLOWS: |
---|
629 | 545 | | BEGINNING AT THE SOUTHWEST CORNER OF THE TRACT BEING DESCRIBED |
---|
630 | 546 | | HEREIN AT THE INTERSECTION OF THE WEST LINE OF SAID COLLIN COUNTY |
---|
631 | 547 | | WITH THE SOUTHWEST CORNER OF SAID 100.474 ACRE TRACT OF LAND; |
---|
632 | 548 | | THENCE NORTH 00 DEGREES 12 MINUTES 53 SECONDS EAST, A DISTANCE OF |
---|
633 | 549 | | 1213.34 FEET TO A POINT FOR CORNER; |
---|
634 | 550 | | THENCE NORTH 89 DEGREES 57 MINUTES 51 SECONDS EAST, A DISTANCE OF |
---|
635 | 551 | | 3608.95 FEET TO A POINT FOR CORNER; |
---|
636 | 552 | | THENCE SOUTH 00 DEGREES 56 MINUTES 02 SECONDS EAST, A DISTANCE OF |
---|
637 | 553 | | 1192.20 FEET TO A POINT FOR CORNER; |
---|
638 | 554 | | THENCE SOUTH 89 DEGREES 11 MINUTES 58 SECONDS WEST, A DISTANCE OF |
---|
639 | 555 | | 1594.31 FEET TO A POINT FOR CORNER; |
---|
640 | 556 | | THENCE SOUTH 89 DEGREES 57 MINUTES 51 SECONDS WEST, A DISTANCE OF |
---|
641 | 557 | | 2038.77 FEET TO THE POINT OF BEGINNING AND ENCLOSING 100.474 ACRES |
---|
642 | 558 | | OF LAND, MORE OR LESS. |
---|
643 | 559 | | TRACT 3: 958.042 ACRES MORE OR LESS |
---|
644 | 560 | | LEGAL DESCRIPTION CONSISTING OF 958.042 ACRES MORE OR LESS BY |
---|
645 | 561 | | COMPUTING EXHIBIT A IN THE DEED TO THE TRACT OF LAND DESCRIBED IN |
---|
646 | 562 | | THE DEED TO DYNAVEST JOINT VENTURE AS RECORDED IN VOLUME 2288, PAGE |
---|
647 | 563 | | 114 OF THE DEED RECORDS OF COLLIN COUNTY, TEXAS |
---|
648 | 564 | | BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND SITUATED IN THE J. W. |
---|
649 | 565 | | HAYNES SURVEY, ABSTRACT # 453, J, CUMBA SURVEY, ABSTRACT # 242, THE |
---|
650 | 566 | | J. QUEEN SURVEY, ABSTRACT # 733, THE J. QUEEN SURVEY, ABSTRACT # |
---|
651 | 567 | | 1111, THE A. H. GEE SURVEY, ABSTRACT # 1104, THE H. COCHRAN SURVEY, |
---|
652 | 568 | | ABSTRACT # 191, THE J. RAGSDALE SURVEY, ABSTRACT # 735 AND THE |
---|
653 | 569 | | GERMAN IMIGRATION CO. SURVEY, ABSTRACT # 356 AND BEING ALL OF A |
---|
654 | 570 | | CALLED 957.743 ACRE TRACT OF LAND DESCRIBED IN THE DEED TO DYNAVEST |
---|
655 | 571 | | JOINT VENTURE AS RECORDED IN VOLUME 2288, PAGE 144 OF THE DEED |
---|
656 | 572 | | RECORDS OF COLLIN COUNTY, TEXAS AND BEING MORE PARTICULARLY |
---|
657 | 573 | | DESCRIBED AS FOLLOWS: |
---|
658 | 574 | | BEGINNING AT THE NORTHWEST CORNER OF THE TRACT BEING DESCRIBED |
---|
659 | 575 | | HEREIN AT A POINT AT THE NORTHWEST CORNER OF SAID 957.743 ACRE TRACT |
---|
660 | 576 | | IN THE SOUTH RIGHT-OF-WAY LINE OF FM # 455; |
---|
661 | 577 | | THENCE SOUTH 53 DEGREES 10 MINUTES 06 SECONDS EAST WITH SAID SOUTH |
---|
662 | 578 | | RIGHT-OF-WAY LINE A DISTANCE OF 699.50 FEET TO A POINT FOR CORNER; |
---|
663 | 579 | | THENCE WITH SAID SOUTH RIGHT-OF-WAY LINE AND WITH A CURVE TURNING TO |
---|
664 | 580 | | THE LEFT WITH AN ARC LENGTH OF 332.25 FEET, WITH A RADIUS OF 618.70 |
---|
665 | 581 | | FEET, WITH A CHORD BEARING OF SOUTH 68 DEGREES 22 MINUTES 06 SECONDS |
---|
666 | 582 | | EAST, AND WITH A CHORD LENGTH OF 328.27 FEET TO A POINT FOR CORNER; |
---|
667 | 583 | | THENCE SOUTH 83 DEGREES 34 MINUTES 06 SECONDS EAST WITH SAID SOUTH |
---|
668 | 584 | | RIGHT-OF-WAY LINE A DISTANCE OF 2243.84 FEET TO A POINT FOR CORNER; |
---|
669 | 585 | | THENCE WITH SAID SOUTH RIGHT-OF-WAY LINE AND WITH A CURVE TURNING TO |
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670 | 586 | | THE RIGHT WITH AN ARC LENGTH OF 237.99 FEET, WITH A RADIUS OF |
---|
671 | 587 | | 1277.20 FEET, WITH A CHORD BEARING OF SOUTH 78 DEGREES 38 MINUTES 21 |
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672 | 588 | | SECONDS EAST, AND WITH A CHORD LENGTH OF 237.64 FEET TO A POINT FOR |
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673 | 589 | | CORNER; |
---|
674 | 590 | | THENCE SOUTH 73 DEGREES 11 MINUTES 25 SECONDS EAST WITH SAID SOUTH |
---|
675 | 591 | | RIGHT-OF-WAY LINE A DISTANCE OF 131.75 FEET TO A POINT FOR CORNER; |
---|
676 | 592 | | THENCE SOUTH 16 DEGREES 58 MINUTES 43 SECONDS WEST A DISTANCE OF |
---|
677 | 593 | | 103.35 FEET TO A POINT FOR CORNER; |
---|
678 | 594 | | THENCE SOUTH 40 DEGREES 22 MINUTES 29 SECONDS WEST A DISTANCE OF |
---|
679 | 595 | | 414.21 FEET TO A POINT FOR CORNER; |
---|
680 | 596 | | THENCE SOUTH 50 DEGREES 17 MINUTES 10 SECONDS EAST A DISTANCE OF |
---|
681 | 597 | | 174.16 FEET TO A POINT FOR CORNER; |
---|
682 | 598 | | THENCE SOUTH 04 DEGREES 36 MINUTES 13 SECONDS EAST A DISTANCE OF |
---|
683 | 599 | | 103.17 FEET TO A POINT FOR CORNER; |
---|
684 | 600 | | THENCE SOUTH 53 DEGREES 02 MINUTES 05 SECONDS WEST A DISTANCE OF |
---|
685 | 601 | | 256.14 FEET TO A POINT FOR CORNER; |
---|
686 | 602 | | THENCE SOUTH 23 DEGREES 11 MINUTES 46 SECONDS WEST A DISTANCE OF |
---|
687 | 603 | | 269.21 FEET TO A POINT FOR CORNER; |
---|
688 | 604 | | THENCE SOUTH 66 DEGREES 05 MINUTES 31 SECONDS EAST A DISTANCE OF |
---|
689 | 605 | | 178.82 FEET TO A POINT FOR CORNER; |
---|
690 | 606 | | THENCE SOUTH 04 DEGREES 58 MINUTES 45 SECONDS EAST A DISTANCE OF |
---|
691 | 607 | | 193.80 FEET TO A POINT FOR CORNER; |
---|
692 | 608 | | THENCE SOUTH 50 DEGREES 28 MINUTES 50 SECONDS WEST A DISTANCE OF |
---|
693 | 609 | | 169.49 FEET TO A POINT FOR CORNER; |
---|
694 | 610 | | THENCE SOUTH 87 DEGREES 27 MINUTES 53 SECONDS WEST A DISTANCE OF |
---|
695 | 611 | | 174.71 FEET TO A POINT FOR CORNER; |
---|
696 | 612 | | THENCE SOUTH 00 DEGREES 14 MINUTES 15 SECONDS WEST A DISTANCE OF |
---|
697 | 613 | | 763.18 FEET TO A POINT FOR CORNER; |
---|
698 | 614 | | THENCE NORTH 86 DEGREES 32 MINUTES 52 SECONDS EAST A DISTANCE OF |
---|
699 | 615 | | 1464.77 FEET TO A POINT FOR CORNER; |
---|
700 | 616 | | THENCE NORTH 89 DEGREES 13 MINUTES 02 SECONDS EAST A DISTANCE OF |
---|
701 | 617 | | 524.81 FEET TO A POINT FOR CORNER IN THE WEST RIGHT-OF-WAY LINE OF |
---|
702 | 618 | | FM # 455; |
---|
703 | 619 | | THENCE SOUTH 03 DEGREES 06 MINUTES 54 SECONDS WEST WITH SAID WEST |
---|
704 | 620 | | RIGHT-OF-WAY LINE A DISTANCE OF 37.23 FEET TO A POINT FOR CORNER; |
---|
705 | 621 | | THENCE WITH SAID WEST RIGHT-OF-WAY LINE AND WITH A CURVE TURNING TO |
---|
706 | 622 | | THE LEFT WITH AN ARC LENGTH OF 577.39 FEET, WITH A RADIUS OF 1477.38 |
---|
707 | 623 | | FEET, WITH A CHORD BEARING OF SOUTH 08 DEGREES 00 MINUTES 36 SECONDS |
---|
708 | 624 | | EAST , AND WITH A CHORD LENGTH OF 573.72 FEET TO A POINT FOR CORNER; |
---|
709 | 625 | | THENCE SOUTH 19 DEGREES 08 MINUTES 06 SECONDS EAST WITH SAID WEST |
---|
710 | 626 | | RIGHT-OF-WAY LINE A DISTANCE OF 354.02 FEET TO A POINT FOR CORNER; |
---|
711 | 627 | | THENCE SOUTH 89 DEGREES 08 MINUTES 02 SECONDS WEST A DISTANCE OF |
---|
712 | 628 | | 974.20 FEET TO A POINT FOR CORNER; |
---|
713 | 629 | | THENCE SOUTH 00 DEGREES 24 MINUTES 13 SECONDS EAST A DISTANCE OF |
---|
714 | 630 | | 1724.68 FEET TO A POINT FOR CORNER; |
---|
715 | 631 | | THENCE SOUTH 01 DEGREES 25 MINUTES 40 SECONDS EAST A DISTANCE OF |
---|
716 | 632 | | 2948.48 FEET TO A POINT FOR CORNER; |
---|
717 | 633 | | THENCE NORTH 88 DEGREES 01 MINUTES 35 SECONDS EAST A DISTANCE OF |
---|
718 | 634 | | 1138.15 FEET TO A POINT FOR CORNER; |
---|
719 | 635 | | THENCE SOUTH 01 DEGREES 46 MINUTES 21 SECONDS EAST A DISTANCE OF |
---|
720 | 636 | | 1965.29 FEET TO A POINT FOR CORNER; |
---|
721 | 637 | | THENCE SOUTH 89 DEGREES 32 MINUTES 30 SECONDS WEST A DISTANCE OF |
---|
722 | 638 | | 5389.11 FEET TO A POINT FOR CORNER; |
---|
723 | 639 | | THENCE NORTH 00 DEGREES 12 MINUTES 53 SECONDS EAST A DISTANCE OF |
---|
724 | 640 | | 10550.55 FEET TO A POINT FOR CORNER; |
---|
725 | 641 | | AND ENCLOSING 958.042 ACRES OF LAND, MORE OR LESS. |
---|
726 | 642 | | SECTION 3. (a) The legal notice of the intention to |
---|
727 | 643 | | introduce this Act, setting forth the general substance of this |
---|
728 | 644 | | Act, has been published as provided by law, and the notice and a |
---|
729 | 645 | | copy of this Act have been furnished to all persons, agencies, |
---|
730 | 646 | | officials, or entities to which they are required to be furnished |
---|
731 | 647 | | under Section 59, Article XVI, Texas Constitution, and Chapter 313, |
---|
732 | 648 | | Government Code. |
---|
733 | 649 | | (b) The governor, one of the required recipients, has |
---|
734 | 650 | | submitted the notice and Act to the Texas Commission on |
---|
735 | 651 | | Environmental Quality. |
---|
736 | 652 | | (c) The Texas Commission on Environmental Quality has filed |
---|
737 | 653 | | its recommendations relating to this Act with the governor, |
---|
738 | 654 | | lieutenant governor, and speaker of the house of representatives |
---|
739 | 655 | | within the required time. |
---|
740 | 656 | | (d) All requirements of the constitution and laws of this |
---|
741 | 657 | | state and the rules and procedures of the legislature with respect |
---|
742 | 658 | | to the notice, introduction, and passage of this Act have been |
---|
743 | 659 | | fulfilled and accomplished. |
---|