4 | 10 | | AN ACT |
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5 | 11 | | relating to the creation of the Cole Ranch Improvement District No. |
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6 | 12 | | 1 of Denton County, Texas; providing authority to impose an |
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7 | 13 | | assessment, impose a tax, and issue bonds. |
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8 | 14 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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9 | 15 | | SECTION 1. Subtitle C, Title 4, Special District Local Laws |
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10 | 16 | | Code, is amended by adding Chapter 3981 to read as follows: |
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11 | 17 | | CHAPTER 3981. COLE RANCH IMPROVEMENT DISTRICT NO. 1 OF DENTON |
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12 | 18 | | COUNTY, TEXAS |
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13 | 19 | | SUBCHAPTER A. GENERAL PROVISIONS |
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14 | 20 | | Sec. 3981.0101. DEFINITIONS. In this chapter: |
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15 | 21 | | (1) "Board" means the district's board of directors. |
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16 | 22 | | (2) "City" means the City of Denton, Texas. |
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17 | 23 | | (3) "County" means Denton County, Texas. |
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18 | 24 | | (4) "Developer of property in the district" means a |
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19 | 25 | | developer of property in the district as determined by the |
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20 | 26 | | governing body of the city. |
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21 | 27 | | (5) "Director" means a board member. |
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22 | 28 | | (6) "District" means the Cole Ranch Improvement |
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23 | 29 | | District No. 1 of Denton County, Texas. |
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24 | 30 | | (7) "Operating agreement" means an agreement that |
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25 | 31 | | provides for: |
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26 | 32 | | (A) a general description of the improvement |
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27 | 33 | | projects that may be financed by the district; and |
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28 | 34 | | (B) the terms and conditions of: |
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29 | 35 | | (i) the financing of the improvement |
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30 | 36 | | projects described by Paragraph (A); and |
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31 | 37 | | (ii) the operation of the district. |
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32 | 38 | | (8) "Project agreement" means an agreement between the |
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33 | 39 | | city and a developer of property in the district that relates to any |
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34 | 40 | | aspect of the development of property in or outside the district. |
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35 | 41 | | The governing body of the city may determine whether an agreement |
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36 | 42 | | constitutes a project agreement for purposes of this chapter. |
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37 | 43 | | Sec. 3981.0102. NATURE OF DISTRICT. The Cole Ranch |
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38 | 44 | | Improvement District No. 1 of Denton County, Texas, is a special |
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39 | 45 | | district created under Section 59, Article XVI, Texas Constitution. |
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40 | 46 | | Sec. 3981.0103. PURPOSE; DECLARATION OF INTENT. (a) The |
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41 | 47 | | creation of the district is essential to accomplish the purposes of |
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42 | 48 | | Sections 52 and 52-a, Article III, and Section 59, Article XVI, |
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43 | 49 | | Texas Constitution, and other public purposes stated in this |
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44 | 50 | | chapter. |
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45 | 51 | | (b) By creating the district and in authorizing the city, |
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46 | 52 | | the county, and other political subdivisions to contract with the |
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47 | 53 | | district, the legislature has established a program to accomplish |
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48 | 54 | | the public purposes set out in Section 52-a, Article III, Texas |
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49 | 55 | | Constitution. |
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50 | 56 | | (c) The creation of the district is necessary to promote, |
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51 | 57 | | develop, encourage, and maintain employment, commerce, |
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52 | 58 | | transportation, housing, tourism, recreation, the arts, |
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53 | 59 | | entertainment, economic development, safety, and the public |
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54 | 60 | | welfare in the district. |
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55 | 61 | | (d) This chapter and the creation of the district may not be |
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56 | 62 | | interpreted to relieve the city and the county from providing the |
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57 | 63 | | level of services provided as of the effective date of the Act |
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58 | 64 | | enacting this chapter to the area in the district. The district is |
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59 | 65 | | created to supplement and not to supplant city or county services |
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60 | 66 | | provided in the district. |
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61 | 67 | | Sec. 3981.0104. FINDINGS OF BENEFIT AND PUBLIC PURPOSE. |
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62 | 68 | | (a) All land and other property included in the district will |
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63 | 69 | | benefit from the improvements and services to be provided by the |
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64 | 70 | | district under powers conferred by Sections 52 and 52-a, Article |
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65 | 71 | | III, and Section 59, Article XVI, Texas Constitution, and other |
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66 | 72 | | powers granted under this chapter. |
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67 | 73 | | (b) The district is created to serve a public use and |
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68 | 74 | | benefit. |
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69 | 75 | | (c) The creation of the district is in the public interest |
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70 | 76 | | and is essential to further the public purposes of: |
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71 | 77 | | (1) developing and diversifying the economy of the |
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72 | 78 | | state; |
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73 | 79 | | (2) eliminating unemployment and underemployment; |
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74 | 80 | | (3) promoting the affordability of housing; and |
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75 | 81 | | (4) developing or expanding transportation and |
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76 | 82 | | commerce. |
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77 | 83 | | (d) The district will: |
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78 | 84 | | (1) promote the health, safety, and general welfare of |
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79 | 85 | | residents, employers, potential employees, employees, visitors, |
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80 | 86 | | and consumers in the district, and of the public; |
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81 | 87 | | (2) provide needed funding for the district to |
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82 | 88 | | preserve, maintain, and enhance the economic health and vitality of |
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83 | 89 | | the district territory as a community and business center; |
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84 | 90 | | (3) promote the health, safety, welfare, and enjoyment |
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85 | 91 | | of the public by providing pedestrian ways and by landscaping and |
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86 | 92 | | developing certain areas in the district, which are necessary for |
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87 | 93 | | the restoration, preservation, and enhancement of scenic beauty; |
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88 | 94 | | and |
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89 | 95 | | (4) provide for water, wastewater, drainage, road, and |
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90 | 96 | | recreational facilities for the district. |
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91 | 97 | | (e) Pedestrian ways along or across a street, whether at |
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92 | 98 | | grade or above or below the surface, and street lighting, street |
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93 | 99 | | landscaping, parking, and street art objects are parts of and |
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94 | 100 | | necessary components of a street and are considered to be a street |
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95 | 101 | | or road improvement. |
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96 | 102 | | (f) The district will not act as the agent or |
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97 | 103 | | instrumentality of any private interest even though the district |
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98 | 104 | | will benefit many private interests as well as the public. |
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99 | 105 | | Sec. 3981.0105. INITIAL DISTRICT TERRITORY. (a) The |
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100 | 106 | | district is initially composed of the territory described by |
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101 | 107 | | Section 2 of the Act enacting this chapter. |
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102 | 108 | | (b) The boundaries and field notes contained in Section 2 of |
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103 | 109 | | the Act enacting this chapter form a closure. A mistake in the |
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104 | 110 | | field notes or in copying the field notes in the legislative process |
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105 | 111 | | does not affect the district's: |
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106 | 112 | | (1) organization, existence, or validity; |
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107 | 113 | | (2) right to issue any type of bonds for the purposes |
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108 | 114 | | for which the district is created or to pay the principal of and |
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109 | 115 | | interest on the bonds; |
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110 | 116 | | (3) right to impose or collect an assessment or tax; or |
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111 | 117 | | (4) legality or operation. |
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112 | 118 | | Sec. 3981.0106. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES. |
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113 | 119 | | All or any part of the area of the district is eligible to be |
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114 | 120 | | included in: |
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115 | 121 | | (1) a tax increment reinvestment zone created by the |
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116 | 122 | | city under Chapter 311, Tax Code; or |
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117 | 123 | | (2) a tax abatement reinvestment zone created by the |
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118 | 124 | | city under Chapter 312, Tax Code. |
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119 | 125 | | Sec. 3981.0107. APPLICABILITY OF MUNICIPAL MANAGEMENT |
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120 | 126 | | DISTRICTS LAW. Except as otherwise provided by this chapter, |
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121 | 127 | | Chapter 375, Local Government Code, applies to the district. |
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122 | 128 | | Sec. 3981.0108. CONSTRUCTION OF CHAPTER. This chapter |
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123 | 129 | | shall be liberally construed in conformity with the findings and |
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124 | 130 | | purposes stated in this chapter. |
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125 | 131 | | Sec. 3981.0109. CITY CONSENT; OPERATING AGREEMENT AND |
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126 | 132 | | PROJECT AGREEMENT REQUIRED. (a) Except as provided in Subsection |
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127 | 133 | | (c), before the district may exercise any powers under this |
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128 | 134 | | chapter: |
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129 | 135 | | (1) the city must adopt an ordinance or resolution |
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130 | 136 | | consenting to the creation of the district and to the inclusion of |
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131 | 137 | | land in the district; |
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132 | 138 | | (2) the city and the district must negotiate and |
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133 | 139 | | execute a mutually approved and accepted operating agreement; and |
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134 | 140 | | (3) the city and each developer of property in the |
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135 | 141 | | district must negotiate and execute a project agreement. |
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136 | 142 | | (b) This chapter expires December 31, 2020, if: |
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137 | 143 | | (1) the city and the district have not executed the |
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138 | 144 | | operating agreement required by Subsection (a)(2); or |
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139 | 145 | | (2) the city and each developer of property in the |
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140 | 146 | | district have not executed a project agreement as required by |
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141 | 147 | | Subsection (a)(3). |
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142 | 148 | | (c) The board has the powers necessary, convenient, or |
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143 | 149 | | desirable to negotiate and execute a mutually approved and accepted |
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144 | 150 | | operating agreement. |
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145 | 151 | | SUBCHAPTER B. BOARD OF DIRECTORS |
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146 | 152 | | Sec. 3981.0201. GOVERNING BODY; TERMS. (a) The district is |
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147 | 153 | | governed by a board of directors as provided in this section. |
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148 | 154 | | (b) Five directors are elected in the manner provided by |
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149 | 155 | | Subchapter D, Chapter 49, Water Code. |
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150 | 156 | | (c) The city may appoint one additional director to the |
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151 | 157 | | board. |
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152 | 158 | | (d) Section 375.063, Local Government Code, does not apply |
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153 | 159 | | to a director appointed by the city. |
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154 | 160 | | (e) If the city exercises its right to appoint a director |
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155 | 161 | | under Subsection (c), the board consists of six directors while the |
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156 | 162 | | appointed director serves on the board. If the city does not |
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157 | 163 | | exercise its right to appoint or reappoint a director under |
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158 | 164 | | Subsection (c), the board consists of five directors. |
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159 | 165 | | (f) Except as provided by Section 3981.0204, directors |
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160 | 166 | | serve staggered four-year terms. |
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161 | 167 | | Sec. 3981.0202. QUORUM. (a) Three members of the board |
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162 | 168 | | constitute a quorum regardless of whether the board has five or six |
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163 | 169 | | members. |
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164 | 170 | | (b) A majority vote of a quorum of the board is required for |
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165 | 171 | | official action. |
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166 | 172 | | (c) For purposes of determining the requirements for a |
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167 | 173 | | quorum of the board, the following are not counted: |
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168 | 174 | | (1) a board position vacant for any reason, including |
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169 | 175 | | death, resignation, or disqualification; or |
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170 | 176 | | (2) a director who is abstaining from participation in |
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171 | 177 | | a vote because of a conflict of interest. |
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172 | 178 | | Sec. 3981.0203. COMPENSATION. A director is entitled to |
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173 | 179 | | receive fees of office and reimbursement for actual expenses as |
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174 | 180 | | provided by Section 49.060, Water Code. Sections 375.069 and |
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175 | 181 | | 375.070, Local Government Code, do not apply to the board. |
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176 | 182 | | Sec. 3981.0204. TEMPORARY DIRECTORS. (a) The temporary |
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177 | 183 | | board consists of: |
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178 | 184 | | (1) Byron Campbell; |
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179 | 185 | | (2) Ryan Miller; |
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180 | 186 | | (3) Shawn Street; |
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181 | 187 | | (4) Russell Hickey; |
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182 | 188 | | (5) Warren Threadgill; and |
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183 | 189 | | (6) a temporary director appointed by the city if the |
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184 | 190 | | city appoints a temporary director under Section 3981.0201(c). |
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185 | 191 | | (b) The temporary or successor temporary directors shall |
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186 | 192 | | hold an election as provided by Section 49.102, Water Code, to elect |
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187 | 193 | | the five permanent elected directors. |
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188 | 194 | | (c) Except for a temporary director appointed by the city, |
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189 | 195 | | temporary directors serve until the earlier of: |
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190 | 196 | | (1) the date the permanent elected directors are |
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191 | 197 | | elected under Subsection (b); or |
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192 | 198 | | (2) the fourth anniversary of the effective date of |
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193 | 199 | | the Act enacting this chapter. |
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194 | 200 | | (d) If the permanent elected directors have not been elected |
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195 | 201 | | under Subsection (b) and the terms of the temporary directors have |
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196 | 202 | | expired, successor temporary directors, other than a temporary |
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197 | 203 | | director appointed by the city, shall be appointed or reappointed |
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198 | 204 | | as provided by Subsection (e) to serve terms that expire on the |
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199 | 205 | | earlier of: |
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200 | 206 | | (1) the date the permanent elected directors are |
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201 | 207 | | elected under Subsection (b); or |
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202 | 208 | | (2) the fourth anniversary of the date of the |
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203 | 209 | | appointment or reappointment. |
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204 | 210 | | (e) If Subsection (d) applies, the owner or owners of a |
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205 | 211 | | majority of the assessed value of the real property in the district |
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206 | 212 | | may submit a petition to the Texas Commission on Environmental |
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207 | 213 | | Quality requesting that the commission appoint as successor |
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208 | 214 | | temporary directors the five persons named in the petition. The |
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209 | 215 | | commission shall appoint as successor temporary directors the five |
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210 | 216 | | persons named in the petition. |
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211 | 217 | | (f) A temporary director appointed by the city serves until |
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212 | 218 | | the fourth anniversary of the effective date of the Act enacting |
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213 | 219 | | this chapter. |
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214 | 220 | | SUBCHAPTER C. POWERS AND DUTIES |
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215 | 221 | | Sec. 3981.0301. GENERAL POWERS AND DUTIES. The district |
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216 | 222 | | has the powers and duties necessary to accomplish the purposes for |
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217 | 223 | | which the district is created. |
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218 | 224 | | Sec. 3981.0302. IMPROVEMENT PROJECTS AND SERVICES. (a) The |
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219 | 225 | | district, using any money available to the district for the |
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220 | 226 | | purpose, may provide, design, construct, acquire, improve, |
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221 | 227 | | relocate, operate, maintain, or finance an improvement project or |
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222 | 228 | | service authorized under this chapter or Chapter 375, Local |
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223 | 229 | | Government Code. |
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224 | 230 | | (b) The district may contract with a governmental or private |
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225 | 231 | | entity to carry out an action under Subsection (a). |
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226 | 232 | | (c) The implementation of a district project or service is a |
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227 | 233 | | governmental function or service for the purposes of Chapter 791, |
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228 | 234 | | Government Code. |
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229 | 235 | | Sec. 3981.0303. MEMBERSHIP IN CHARITABLE ORGANIZATIONS. |
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230 | 236 | | The district may join and pay dues to a charitable or nonprofit |
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231 | 237 | | organization that performs a service or provides an activity |
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232 | 238 | | consistent with the furtherance of a district purpose. |
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233 | 239 | | Sec. 3981.0304. ADDING OR EXCLUDING LAND. (a) The district |
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234 | 240 | | may add or exclude land in the manner provided by Subchapter J, |
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235 | 241 | | Chapter 49, Water Code, or by Subchapter H, Chapter 54, Water Code. |
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236 | 242 | | (b) A district may not add or exclude land unless the city |
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237 | 243 | | consents to the addition or exclusion. |
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238 | 244 | | Sec. 3981.0305. DISBURSEMENTS AND TRANSFERS OF MONEY. The |
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239 | 245 | | board by resolution shall establish the number of directors' |
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240 | 246 | | signatures and the procedure required for a disbursement or |
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241 | 247 | | transfer of district money. |
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242 | 248 | | Sec. 3981.0306. APPROVAL BY THE CITY. (a) The district |
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243 | 249 | | must obtain the approval of the city for: |
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244 | 250 | | (1) the plans and specifications of an improvement |
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245 | 251 | | project financed by bonds, notes, or other obligations; and |
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246 | 252 | | (2) the plans and specifications of an improvement |
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247 | 253 | | project related to the use of land owned by the city, an easement |
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248 | 254 | | granted by the city, or a right-of-way of a street, road, or |
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249 | 255 | | highway. |
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250 | 256 | | (b) City approval may be by an administrative process that |
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251 | 257 | | does not involve the city's governing body, unless approval of the |
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252 | 258 | | city's governing body is required by federal, state, or local law, |
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253 | 259 | | ordinance, or regulation. |
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254 | 260 | | (c) Before issuing bonds, the district must: |
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255 | 261 | | (1) provide to the city the documents authorizing the |
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256 | 262 | | bonds; |
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257 | 263 | | (2) provide to the city a certification from each |
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258 | 264 | | developer of property in the district that the developer is in |
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259 | 265 | | compliance with the terms and conditions of the developer's project |
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260 | 266 | | agreement with the city; and |
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261 | 267 | | (3) certify that the district is in compliance with |
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262 | 268 | | the terms and conditions of the ordinance or resolution consenting |
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263 | 269 | | to the creation of the district under Section 3981.0109 and the |
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264 | 270 | | operating agreement entered into under that section. |
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265 | 271 | | (d) The city must complete the city's review of the |
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266 | 272 | | documents and certifications required by Subsection (c) not later |
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267 | 273 | | than the 30th day after the date the city receives the documents and |
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268 | 274 | | certifications. The city may object to the issuance of the bonds if |
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269 | 275 | | the city determines that: |
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270 | 276 | | (1) the district is not in compliance with the terms |
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271 | 277 | | and conditions of the ordinance or resolution consenting to the |
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272 | 278 | | creation of the district under Section 3981.0109; |
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273 | 279 | | (2) the district is not in compliance with the |
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274 | 280 | | operating agreement entered into under Section 3981.0109; or |
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275 | 281 | | (3) a developer of property in the district is not in |
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276 | 282 | | compliance with the terms and conditions of a project agreement |
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277 | 283 | | that applies to the developer. |
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278 | 284 | | (e) If the city objects to the district's issuance of bonds, |
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279 | 285 | | the district must obtain the consent of the city's governing body to |
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280 | 286 | | the issuance of the bonds. The city's governing body may not |
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281 | 287 | | unreasonably withhold consent to the issuance of bonds. |
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282 | 288 | | (f) Section 375.207, Local Government Code, does not apply |
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283 | 289 | | to the district. |
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284 | 290 | | Sec. 3981.0307. NO EMINENT DOMAIN POWER. The district may |
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285 | 291 | | not exercise the power of eminent domain. |
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286 | 292 | | SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS; ASSESSMENTS |
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287 | 293 | | Sec. 3981.0401. PETITION REQUIRED FOR FINANCING SERVICES |
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288 | 294 | | AND IMPROVEMENTS WITH ASSESSMENTS. (a) The board may not finance a |
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289 | 295 | | service or improvement project with assessments under this chapter |
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290 | 296 | | unless a written petition requesting that service or improvement |
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291 | 297 | | has been filed with the board. |
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292 | 298 | | (b) A petition filed under Subsection (a) must be signed by |
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293 | 299 | | the owner or owners of a majority of the assessed value of real |
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294 | 300 | | property in the district subject to assessment according to the |
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295 | 301 | | most recent certified tax appraisal roll for the county. |
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296 | 302 | | Sec. 3981.0402. ASSESSMENTS; LIENS FOR ASSESSMENTS. (a) |
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297 | 303 | | The board by resolution may impose and collect an assessment for any |
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298 | 304 | | purpose authorized by this chapter in all or any part of the |
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299 | 305 | | district. Section 375.161, Local Government Code, does not apply |
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300 | 306 | | to an assessment imposed by the district. |
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301 | 307 | | (b) An assessment, a reassessment, or an assessment |
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302 | 308 | | resulting from an addition to or correction of the assessment roll |
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303 | 309 | | by the district, penalties and interest on an assessment or |
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304 | 310 | | reassessment, an expense of collection, and reasonable attorney's |
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305 | 311 | | fees incurred by the district: |
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306 | 312 | | (1) are a first and prior lien against the property |
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307 | 313 | | assessed; |
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308 | 314 | | (2) are superior to any other lien or claim other than |
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309 | 315 | | a lien or claim for county, school district, or municipal ad valorem |
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310 | 316 | | taxes; and |
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311 | 317 | | (3) are the personal liability of and a charge against |
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312 | 318 | | the owners of the property even if the owners are not named in the |
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313 | 319 | | assessment proceedings. |
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314 | 320 | | (c) The lien is effective from the date of the board's |
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315 | 321 | | resolution imposing the assessment until the date the assessment is |
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316 | 322 | | paid. The board may enforce the lien in the same manner that the |
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317 | 323 | | board may enforce an ad valorem tax lien against real property. |
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318 | 324 | | (d) The board may make a correction to or deletion from the |
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319 | 325 | | assessment roll that does not increase the amount of assessment of |
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320 | 326 | | any parcel of land without providing notice and holding a hearing in |
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321 | 327 | | the manner required for additional assessments. |
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322 | 328 | | Sec. 3981.0403. IMPACT FEES PROHIBITED. The district may |
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323 | 329 | | not adopt or impose an impact fee. |
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324 | 330 | | SUBCHAPTER E. TAXES AND BONDS |
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325 | 331 | | Sec. 3981.0501. TAX ELECTION REQUIRED. The district must |
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326 | 332 | | hold an election in the manner provided by Chapter 49, Water Code, |
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327 | 333 | | or, if applicable, Chapter 375, Local Government Code, to obtain |
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328 | 334 | | voter approval before the district may impose an ad valorem tax. |
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329 | 335 | | Sec. 3981.0502. OPERATION AND MAINTENANCE TAX. (a) If |
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330 | 336 | | authorized by a majority of the district voters voting at an |
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331 | 337 | | election under Section 3981.0501, the district may impose an |
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332 | 338 | | operation and maintenance tax on taxable property in the district |
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333 | 339 | | in the manner provided by Section 49.107, Water Code, for any |
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334 | 340 | | district purpose, including to: |
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335 | 341 | | (1) maintain and operate the district; |
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336 | 342 | | (2) construct or acquire improvements; or |
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337 | 343 | | (3) provide a service. |
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338 | 344 | | (b) The board shall determine the operation and maintenance |
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339 | 345 | | tax rate. The rate may not exceed the rate approved at the |
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340 | 346 | | election. |
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341 | 347 | | Sec. 3981.0503. AUTHORITY TO BORROW MONEY AND TO ISSUE |
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342 | 348 | | BONDS AND OTHER OBLIGATIONS. (a) The district may borrow money on |
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343 | 349 | | terms determined by the board. |
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344 | 350 | | (b) The district may issue bonds, notes, or other |
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345 | 351 | | obligations payable wholly or partly from ad valorem taxes, |
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346 | 352 | | assessments, revenue, contract payments, grants, or other district |
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347 | 353 | | money, or any combination of those sources of money, to pay for any |
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348 | 354 | | authorized district purpose. |
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349 | 355 | | (c) The principal amount of bonds issued by the district in |
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350 | 356 | | aggregate may not exceed 10 percent of the assessed value of all |
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351 | 357 | | real property in the district. |
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352 | 358 | | Sec. 3981.0504. BONDS SECURED BY REVENUE OR CONTRACT |
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353 | 359 | | PAYMENTS. The district may issue, without an election, bonds |
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354 | 360 | | secured by: |
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355 | 361 | | (1) revenue other than ad valorem taxes, including |
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356 | 362 | | contract revenues; or |
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357 | 363 | | (2) contract payments, provided that the requirements |
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358 | 364 | | of Section 49.108, Water Code, have been met. |
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359 | 365 | | Sec. 3981.0505. BONDS SECURED BY AD VALOREM TAXES; |
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360 | 366 | | ELECTIONS. (a) If authorized at an election under Section |
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361 | 367 | | 3981.0501, the district may issue bonds payable from ad valorem |
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362 | 368 | | taxes. |
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363 | 369 | | (b) Section 375.243, Local Government Code, does not apply |
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364 | 370 | | to the district. |
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365 | 371 | | (c) At the time the district issues bonds payable wholly or |
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366 | 372 | | partly from ad valorem taxes, the board shall provide for the annual |
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367 | 373 | | imposition of a continuing direct annual ad valorem tax, without |
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368 | 374 | | limit as to rate or amount, for each year that all or part of the |
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369 | 375 | | bonds are outstanding as required and in the manner provided by |
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370 | 376 | | Sections 54.601 and 54.602, Water Code. |
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371 | 377 | | (d) All or any part of any facilities or improvements that |
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372 | 378 | | may be acquired by a district by the issuance of its bonds may be |
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373 | 379 | | submitted as a single proposition or as several propositions to be |
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374 | 380 | | voted on at the election. |
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375 | 381 | | Sec. 3981.0506. CITY NOT REQUIRED TO PAY DISTRICT |
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376 | 382 | | OBLIGATIONS. Except as provided by Section 375.263, Local |
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377 | 383 | | Government Code, the city is not required to pay a bond, note, or |
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378 | 384 | | other obligation of the district. |
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379 | 385 | | SUBCHAPTER F. DEFINED AREAS |
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380 | 386 | | Sec. 3981.0601. AUTHORITY TO ESTABLISH DEFINED AREAS OR |
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381 | 387 | | DESIGNATED PROPERTY. The district may define areas or designate |
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382 | 388 | | certain property of the district to pay for improvements, |
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383 | 389 | | facilities, or services that primarily benefit that area or |
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384 | 390 | | property and do not generally and directly benefit the district as a |
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385 | 391 | | whole. |
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386 | 392 | | Sec. 3981.0602. PROCEDURE FOR ELECTION. (a) Before the |
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387 | 393 | | district may impose an ad valorem tax applicable only to the defined |
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388 | 394 | | area or designated property or issue bonds payable from ad valorem |
---|
389 | 395 | | taxes of the defined area or designated property, the board shall |
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390 | 396 | | hold an election as provided by Section 3981.0501 in the defined |
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391 | 397 | | area or designated property only. |
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392 | 398 | | (b) The board may submit the proposition to the voters on |
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393 | 399 | | the same ballot to be used in another election. |
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394 | 400 | | Sec. 3981.0603. DECLARING RESULT AND ISSUING ORDER. |
---|
395 | 401 | | (a) If a majority of the voters voting at the election held under |
---|
396 | 402 | | Section 3981.0602 approve the proposition or propositions, the |
---|
397 | 403 | | board shall declare the results and, by order, shall establish the |
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398 | 404 | | defined area or designated property and describe it by metes and |
---|
399 | 405 | | bounds or designate the specific area or property. |
---|
400 | 406 | | (b) The board's order is not subject to judicial review |
---|
401 | 407 | | except on the ground of fraud, palpable error, or arbitrary and |
---|
402 | 408 | | confiscatory abuse of discretion. |
---|
403 | 409 | | Sec. 3981.0604. TAXES FOR SERVICES, IMPROVEMENTS, AND |
---|
404 | 410 | | FACILITIES IN DEFINED AREAS OR DESIGNATED PROPERTY. On voter |
---|
405 | 411 | | approval and adoption of the order described by Section 3981.0603, |
---|
406 | 412 | | the district may apply separately, differently, equitably, and |
---|
407 | 413 | | specifically its taxing power and lien authority to the defined |
---|
408 | 414 | | area or designated property to provide money to construct, |
---|
409 | 415 | | administer, maintain, and operate services, improvements, and |
---|
410 | 416 | | facilities that primarily benefit the defined area or designated |
---|
411 | 417 | | property. |
---|
412 | 418 | | Sec. 3981.0605. ISSUANCE OF BONDS FOR DEFINED AREA OR |
---|
413 | 419 | | DESIGNATED PROPERTY. After the order under Section 3981.0603 is |
---|
414 | 420 | | adopted, the district may issue bonds to provide for any land, |
---|
415 | 421 | | improvements, facilities, plants, equipment, and appliances for |
---|
416 | 422 | | the defined area or designated property. |
---|
417 | 423 | | SUBCHAPTER G. DIVISION OF DISTRICT INTO MULTIPLE DISTRICTS |
---|
418 | 424 | | Sec. 3981.0701. DIVISION OF DISTRICT; PREREQUISITES. The |
---|
419 | 425 | | district may be divided into two or more new districts only if the |
---|
420 | 426 | | district: |
---|
421 | 427 | | (1) has never issued any bonds; and |
---|
422 | 428 | | (2) is not imposing ad valorem taxes. |
---|
423 | 429 | | Sec. 3981.0702. LAW APPLICABLE TO NEW DISTRICT. This |
---|
424 | 430 | | chapter applies to any new district created by division of the |
---|
425 | 431 | | district, and a new district has all the powers and duties of the |
---|
426 | 432 | | district. |
---|
427 | 433 | | Sec. 3981.0703. LIMITATION ON AREA OF NEW DISTRICT. A new |
---|
428 | 434 | | district created by the division of the district may not, at the |
---|
429 | 435 | | time the new district is created, contain any land outside the area |
---|
430 | 436 | | described by Section 2 of the Act enacting this chapter. |
---|
431 | 437 | | Sec. 3981.0704. DIVISION PROCEDURES. (a) The board, on its |
---|
432 | 438 | | own motion or on receipt of a petition signed by the owner or owners |
---|
433 | 439 | | of a majority of the assessed value of the real property in the |
---|
434 | 440 | | district, may adopt an order dividing the district. |
---|
435 | 441 | | (b) An order dividing the district must: |
---|
436 | 442 | | (1) name each new district; |
---|
437 | 443 | | (2) include the metes and bounds description of the |
---|
438 | 444 | | territory of each new district; |
---|
439 | 445 | | (3) appoint temporary directors for each new district; |
---|
440 | 446 | | and |
---|
441 | 447 | | (4) provide for the division of assets and liabilities |
---|
442 | 448 | | between the new districts. |
---|
443 | 449 | | (c) On or before the 30th day after the date of adoption of |
---|
444 | 450 | | an order dividing the district, the district shall file the order |
---|
445 | 451 | | with the Texas Commission on Environmental Quality and record the |
---|
446 | 452 | | order in the real property records of each county in which the |
---|
447 | 453 | | district is located. |
---|
448 | 454 | | Sec. 3981.0705. DIRECTORS' ELECTION FOR NEW DISTRICT. A |
---|
449 | 455 | | new district created by the division of the district shall hold a |
---|
450 | 456 | | directors' election in the manner provided by Section 3981.0201. |
---|
451 | 457 | | Sec. 3981.0706. TAX OR BOND ELECTION. Before a new district |
---|
452 | 458 | | created by the division of the district may impose an operation and |
---|
453 | 459 | | maintenance tax under Section 3981.0502 or issue bonds payable |
---|
454 | 460 | | wholly or partly from ad valorem taxes, the new district must hold |
---|
455 | 461 | | an election as required by this chapter to obtain voter approval. |
---|
456 | 462 | | Sec. 3981.0707. CITY CONSENT. (a) City consent to the |
---|
457 | 463 | | creation of the district and to the inclusion of land in the |
---|
458 | 464 | | district granted under Section 3981.0109 acts as municipal consent |
---|
459 | 465 | | to the creation of any new district created by the division of the |
---|
460 | 466 | | district and to the inclusion of land in the new district. |
---|
461 | 467 | | (b) A new district created by division of the district is |
---|
462 | 468 | | subject to the terms and conditions contained in the ordinance or |
---|
463 | 469 | | resolution consenting to the creation of the district under Section |
---|
464 | 470 | | 3981.0109. |
---|
465 | 471 | | Sec. 3981.0708. OPERATING AGREEMENT AND PROJECT AGREEMENT. |
---|
466 | 472 | | (a) Except as provided by Subsection (b), before a new district |
---|
467 | 473 | | created by division of the district may exercise any powers under |
---|
468 | 474 | | this chapter: |
---|
469 | 475 | | (1) the new district must enter into: |
---|
470 | 476 | | (A) a joinder to the existing operating agreement |
---|
471 | 477 | | between the city and the district; or |
---|
472 | 478 | | (B) a separate operating agreement with the city; |
---|
473 | 479 | | and |
---|
474 | 480 | | (2) each developer of property in the new district |
---|
475 | 481 | | must enter into: |
---|
476 | 482 | | (A) a joinder to an existing project agreement |
---|
477 | 483 | | between the city and a developer of property in the district |
---|
478 | 484 | | applicable to the territory in the new district; or |
---|
479 | 485 | | (B) a separate project agreement with the city. |
---|
480 | 486 | | (b) A new district created by division of the district has |
---|
481 | 487 | | the powers necessary, convenient, or desirable to negotiate and |
---|
482 | 488 | | execute an agreement described by Subsection (a). |
---|
483 | 489 | | SUBCHAPTER H. DISSOLUTION |
---|
484 | 490 | | Sec. 3981.0801. DISSOLUTION. (a) The board shall dissolve |
---|
485 | 491 | | the district on written petition filed with the board by the owner |
---|
486 | 492 | | or owners of: |
---|
487 | 493 | | (1) 66 percent or more of the assessed value of the |
---|
488 | 494 | | property subject to assessment by the district based on the most |
---|
489 | 495 | | recent certified county property tax rolls; or |
---|
490 | 496 | | (2) 66 percent or more of the surface area of the |
---|
491 | 497 | | district, excluding roads, streets, highways, utility |
---|
492 | 498 | | rights-of-way, other public areas, and other property exempt from |
---|
493 | 499 | | assessment by the district according to the most recent certified |
---|
494 | 500 | | county property tax rolls. |
---|
495 | 501 | | (b) The board by majority vote may dissolve the district at |
---|
496 | 502 | | any time. |
---|
497 | 503 | | (c) The district may not be dissolved by its board under |
---|
498 | 504 | | Subsection (a) or (b) if the district: |
---|
499 | 505 | | (1) has any outstanding bonded indebtedness until that |
---|
500 | 506 | | bonded indebtedness has been repaid or defeased in accordance with |
---|
501 | 507 | | the order or resolution authorizing the issuance of the bonds; |
---|
502 | 508 | | (2) has a contractual obligation to pay money until |
---|
503 | 509 | | that obligation has been fully paid in accordance with the |
---|
504 | 510 | | contract; or |
---|
505 | 511 | | (3) owns, operates, or maintains public works, |
---|
506 | 512 | | facilities, or improvements unless the district contracts with |
---|
507 | 513 | | another person for the ownership, operation, or maintenance of the |
---|
508 | 514 | | public works, facilities, or improvements. |
---|
509 | 515 | | (d) Sections 375.261, 375.262, and 375.264, Local |
---|
510 | 516 | | Government Code, do not apply to the district. |
---|
511 | 517 | | SECTION 2. The Cole Ranch Improvement District No. 1 of |
---|
512 | 518 | | Denton County, Texas, initially includes all territory contained in |
---|
513 | 519 | | the following area: |
---|
514 | 520 | | TRACT 1 (North Tract): |
---|
515 | 521 | | SITUATED in Denton County, Texas in the J. W. Kjellberg |
---|
516 | 522 | | Survey, Abstract No. 1610, the James McDonald Survey, Abstract |
---|
517 | 523 | | No. 873, the I.W. Byerly Survey, Abstract No. 1458, the J. Dalton |
---|
518 | 524 | | Survey, Abstract No. 353, the J. A. Burn Survey, Abstract No. 132, |
---|
519 | 525 | | the T. & P. R. R., Abstract No. 1292, the A. C. Madden Survey, |
---|
520 | 526 | | Abstract No. 851, the I. N. Hembree Survey, Abstract No. 594, the |
---|
521 | 527 | | J. Bacon Survey, Abstract No. 1540, the Wm. Neill Survey, Abstract |
---|
522 | 528 | | No. 970, the B. B. B. & C.R.R. Co. Survey, Abstract No. 176, the T. |
---|
523 | 529 | | E. Carruth Survey, Abstract 1707, being a Survey of part of the |
---|
524 | 530 | | 562.8 acre "First tract", a Survey of the 798.2 acre "Second Tract", |
---|
525 | 531 | | a Survey of part of the 640 acre "Third Tract" described in a deed |
---|
526 | 532 | | from T. E. Carruth, et al to M. T. Cole, dated December 22, 1931, |
---|
527 | 533 | | recorded in Volume 238, Page 410, a Survey of part of the 415 acre |
---|
528 | 534 | | tract described in a deed from Rudy Copeland and wife, Mary A. |
---|
529 | 535 | | Copeland to M. T. Cole, dated September 26, 1933, recorded in Volume |
---|
530 | 536 | | 243, Page 572, both deeds of the Denton County Deed Records, being |
---|
531 | 537 | | described by metes and bounds as follows: |
---|
532 | 538 | | BEGINNING at an 1/2-inch iron pin found at the Northwest |
---|
533 | 539 | | corner of said 798.2 acre tract in the center of Tom Cole Road |
---|
534 | 540 | | (East-West asphalt road) and C. Wolfe Road (rock road) from the |
---|
535 | 541 | | South; |
---|
536 | 542 | | THENCE South 88 degrees 55 minutes 44 seconds East, generally |
---|
537 | 543 | | with the center of said Tom Cole Road, 4685.36 feet to an "x" cut in |
---|
538 | 544 | | a concrete bridge; |
---|
539 | 545 | | THENCE North 89 degrees 43 minutes 13 seconds East, generally |
---|
540 | 546 | | with the center of said Tom Cole Road, 2521.29 feet to a 3/4-inch |
---|
541 | 547 | | iron pin set in place of a nail found at the Northeast corner of said |
---|
542 | 548 | | 798.2 acre tract; |
---|
543 | 549 | | THENCE South 00 degrees 23 minutes 40 seconds West, with the |
---|
544 | 550 | | East line of said 798.2 acre tract and generally near an old fence, |
---|
545 | 551 | | 1865.00 feet to an 1/2-inch iron pin set by a corner post at the |
---|
546 | 552 | | East-Southeast corner of said 798.2 acre tract; same being in the |
---|
547 | 553 | | North line of said 640 acre tract; |
---|
548 | 554 | | THENCE South 88 degrees 52 minutes 00 seconds East, with the |
---|
549 | 555 | | North line of said 640 acre tract and generally near an old fence, |
---|
550 | 556 | | 1616.90 feet to an 1/2-inch iron pin set near a corner post at the |
---|
551 | 557 | | Northwest corner of the 24.73 acre "Tract One" recorded in Volume |
---|
552 | 558 | | 871, Page 137; |
---|
553 | 559 | | THENCE South 01 degree 07 minutes 58 seconds West, with the |
---|
554 | 560 | | West line of said 24.73 acre tract and generally near a fence, |
---|
555 | 561 | | 950.05 feet to an 1/2-inch iron pin found at the West-Southwest |
---|
556 | 562 | | corner of said 24.73 acre tract; |
---|
557 | 563 | | THENCE South 88 degrees 58 minutes 35 seconds East, with a |
---|
558 | 564 | | South line of said 24.73 acre tract, 144.97 feet to an 1/2-inch iron |
---|
559 | 565 | | pin found at an inside corner of said 24.73 acre tract; |
---|
560 | 566 | | THENCE South 01 degree 05 minutes 17 seconds West, with a West |
---|
561 | 567 | | line of said 24.73 acre tract and with the West line of the 13.89 |
---|
562 | 568 | | acre "Tract Two" in said Volume 871, Page 137, 699.86 feet to an |
---|
563 | 569 | | 1/2-inch iron pin found at the Southwest corner of said 13.89 acre |
---|
564 | 570 | | tract; same being the Northwest corner of the 31.107 acre tract |
---|
565 | 571 | | recorded in Clerk's File No. 94-71013; |
---|
566 | 572 | | THENCE South 09 degrees 20 minutes 01 second West, with the |
---|
567 | 573 | | West line of said 31.107 acre tract, 1010.79 feet to an 1/2-inch |
---|
568 | 574 | | iron pin found at the Southwest corner of said 31.107 acre tract; |
---|
569 | 575 | | THENCE South 88 degrees 53 minutes 58 seconds East, with the |
---|
570 | 576 | | South line of said 31.107 acre tract, 1499.78 feet to an 1/2-inch |
---|
571 | 577 | | iron pin found at the Southeast corner of said 31.107 acre tract; |
---|
572 | 578 | | THENCE North 07 degrees 10 minutes 06 seconds West, with the |
---|
573 | 579 | | East line of said 31.107 acre tract, 1009.80 feet to an 1/2-inch |
---|
574 | 580 | | iron pin found at the Northeast corner of said 31.107 acre tract; |
---|
575 | 581 | | same being the Southeast corner of said 13.89 acre tract; |
---|
576 | 582 | | THENCE North 01 degree 06 minutes 57 seconds East, with the |
---|
577 | 583 | | East line of said 13.89 acre tract and an East line of said 24.73 |
---|
578 | 584 | | acre tract 699.98 feet to an 1/2-inch iron pin found at an inside |
---|
579 | 585 | | corner of said 24.73 acre tract; |
---|
580 | 586 | | THENCE South 88 degrees 52 minutes 57 seconds East, with a |
---|
581 | 587 | | South line of said 24.73 acre tract, 144.76 feet to an 1/2-inch iron |
---|
582 | 588 | | pin found at the East-Southeast corner of said 24.73 acre tract; |
---|
583 | 589 | | THENCE North 01 degree 04 minutes 51 seconds East, with the |
---|
584 | 590 | | East line of said 24.73 acre tract, 629.19 feet to an 1/2-inch iron |
---|
585 | 591 | | pin found at the Northeast corner of said 24.73 acre tract; |
---|
586 | 592 | | THENCE North 89 degrees 25 minutes 26 seconds East, with the |
---|
587 | 593 | | South line of the Southeast Airport Addition recorded in Volume G, |
---|
588 | 594 | | Page 295 of the Denton County Plat Records, 1534.00 feet to an |
---|
589 | 595 | | 1/2-inch iron pin found at the Southeast corner of said Airport |
---|
590 | 596 | | Addition, in the center of Westcourt Road (North-South asphalt |
---|
591 | 597 | | road); |
---|
592 | 598 | | THENCE South 00 degrees 38 minutes 25 seconds West, with an |
---|
593 | 599 | | East line of said 415 acre tract and generally with the center of |
---|
594 | 600 | | said Westcourt Road, 1150.78 feet to a 5/8-inch iron pin found at an |
---|
595 | 601 | | inside corner of said 415 acre tract; |
---|
596 | 602 | | THENCE North 89 degrees 48 minutes 14 seconds East, generally |
---|
597 | 603 | | along Spring Side Road, 870.00 feet to an 1/2-inch iron pin found at |
---|
598 | 604 | | the Northwest corner of the 10 acre tract recorded in Volume 971, |
---|
599 | 605 | | Page 251; |
---|
600 | 606 | | THENCE southerly along the East side of Underwood Road |
---|
601 | 607 | | (North-South asphalt road) as follows: |
---|
602 | 608 | | South 00 degrees 11 minutes 34 seconds East, 646.53 feet to a |
---|
603 | 609 | | 5-inch pipe corner post; |
---|
604 | 610 | | South 00 degrees 48 minutes 00 seconds East, generally near a |
---|
605 | 611 | | fence for part of the way, 645.16 feet to a 5-inch pipe corner post; |
---|
606 | 612 | | South 00 degrees 41 minutes 32 seconds East, 547.42 feet to a |
---|
607 | 613 | | 5/8-inch iron pin found at the North-Northwest corner of the 76.768 |
---|
608 | 614 | | acre tract recorded in Volume 1166, Page 235; |
---|
609 | 615 | | South 00 degrees 00 minutes 11 seconds West, with a West line |
---|
610 | 616 | | of said 76.768 acre tract and generally near a wood fence for part |
---|
611 | 617 | | of the way, 344.00 feet to an 1/2-inch iron pin set at an inside |
---|
612 | 618 | | corner of said 76.768 acre tract; |
---|
613 | 619 | | THENCE South 89 degrees 58 minutes 11 seconds West, with a |
---|
614 | 620 | | North line of said 76.768 acre tract and crossing said Underwood |
---|
615 | 621 | | Road, 125.00 feet to an 1/2-inch iron pin set at the West-Northwest |
---|
616 | 622 | | corner of said 76.768 acre tract; |
---|
617 | 623 | | THENCE South 00 degrees 15 minutes 42 seconds East, with the |
---|
618 | 624 | | West line of said 76.768 acre tract and on the West side of said |
---|
619 | 625 | | Underwood Road, passing the Southwest corner of said 76.768 acre |
---|
620 | 626 | | tract and continuing in all, 1561.35 feet to an 1/2-inch iron pin |
---|
621 | 627 | | found near said Underwood Road; same being the North-Northwest |
---|
622 | 628 | | corner of the 96.85 acre tract recorded in Clerk's File |
---|
623 | 629 | | No. 98-117450; |
---|
624 | 630 | | THENCE South 01 degree 54 minutes 54 seconds West, with a West |
---|
625 | 631 | | line of said 96.85 acre tract and generally with said Underwood |
---|
626 | 632 | | Road, 1205.51 feet to an one inch iron pin found at the an inside |
---|
627 | 633 | | corner of said 96.85 acre tract; same being the Southeast corner of |
---|
628 | 634 | | said 415 acre tract; same being where said road turns West; |
---|
629 | 635 | | THENCE North 89 degrees 27 minutes 33 seconds West, with the |
---|
630 | 636 | | South line of said 415 acre tract and generally with the center of |
---|
631 | 637 | | said Underwood Road, 1362.76 feet to an 1/2-inch iron pin set at the |
---|
632 | 638 | | East-Southeast corner of the 18.726 acre "Tract II" recorded in |
---|
633 | 639 | | Volume 489, Page 551 of the right-of-way of Farm Road No. 2449; |
---|
634 | 640 | | THENCE North 00 degrees 28 minutes 37 seconds East, with the |
---|
635 | 641 | | East line of said 18.726 acre tract and the right-of-way line of |
---|
636 | 642 | | said Farm Road No. 2449, 45.00 feet to an 1/2-inch iron pin set at |
---|
637 | 643 | | the Northeast corner of said 18.726 acre tract; |
---|
638 | 644 | | THENCE with the North line of said 18.726 acre tract, the |
---|
639 | 645 | | North right-of-way line of said Farm Road No. 2449 and generally |
---|
640 | 646 | | near a fence as follows: |
---|
641 | 647 | | North 89 degrees 31 minutes 23 seconds West, 2944.75 feet to |
---|
642 | 648 | | an 1/2-inch iron pin set; |
---|
643 | 649 | | South 89 degrees 46 minutes 37 seconds West, 7200.01 feet to |
---|
644 | 650 | | an 1/2-inch iron pin set; |
---|
645 | 651 | | North 84 degrees 30 minutes 45 seconds West, 100.50 feet to an |
---|
646 | 652 | | 1/2-inch iron pin set; |
---|
647 | 653 | | South 89 degrees 46 minutes 37 seconds West, 200.00 feet to an |
---|
648 | 654 | | 1/2-inch iron pin set; |
---|
649 | 655 | | South 84 degrees 03 minutes 59 seconds West, 100.50 feet to an |
---|
650 | 656 | | 1/2-inch iron pin set; |
---|
651 | 657 | | South 89 degrees 46 minutes 37 seconds West, 678.22 feet to an |
---|
652 | 658 | | 1/2-inch iron pin set; |
---|
653 | 659 | | North 44 degrees 49 minutes 38 seconds West, 39.98 feet to an |
---|
654 | 660 | | 1/2-inch iron pin set at the Northwest corner of said 18.726 acre |
---|
655 | 661 | | tract; same being in the East line of said C. Wolfe Road; |
---|
656 | 662 | | THENCE North 00 degrees 30 minutes 56 seconds East, with the |
---|
657 | 663 | | East line of said C. Wolfe Road and generally near a fence, 1353.53 |
---|
658 | 664 | | feet to an 1/2-inch iron pin set; |
---|
659 | 665 | | THENCE North 89 degrees 32 minutes 13 seconds West, 17.14 |
---|
660 | 666 | | feet to an 1/2-inch iron pin set in the center of said C. Wolfe Road, |
---|
661 | 667 | | in the West line of said 798.2 acre tract; |
---|
662 | 668 | | THENCE North 00 degrees 32 minutes 15 seconds East, with the |
---|
663 | 669 | | West line of said 798.2 acre tract and generally with the center of |
---|
664 | 670 | | said C. Wolfe Road, 6972.35 feet to the PLACE OF BEGINNING and |
---|
665 | 671 | | containing 2049.00 acres. |
---|
666 | 672 | | TRACT 2 (South Tract): |
---|
667 | 673 | | SITUATED in Denton County, Texas in the S. Paine Survey, |
---|
668 | 674 | | Abstract No. 1035, the M. Paine Survey, Abstract No. 1036, the |
---|
669 | 675 | | George West Survey, Abstract No. 1393, the B. B. B. & C.R.R. Co. |
---|
670 | 676 | | Survey, Abstract No. 176, the E.N. Oliver Survey, Abstract No. 989, |
---|
671 | 677 | | the J. T. Evans Survey, Abstract No. 411, the C. Manchaca Survey, |
---|
672 | 678 | | Abstract No. 789, the G. W. Pettingale Survey, Abstract No. 1041, |
---|
673 | 679 | | the J. W. Kjellberg Survey, Abstract No. 1610, being a Survey of |
---|
674 | 680 | | part of 1.086 acre tract described in a deed from Maurine P. Myers, |
---|
675 | 681 | | et al to M. T. Cole Trust NO. 1, recorded in Volume 1018, Page 453, |
---|
676 | 682 | | being a Survey of part of the 562.8 acre "First tract" described in |
---|
677 | 683 | | a deed from T. E. Carruth, et al to M. T. Cole, dated December 22, |
---|
678 | 684 | | 1931, recorded in Volume 238, Page 410, a Survey of the 640 acre |
---|
679 | 685 | | tract described in a Deed from T. E. Carruth, et al to M. T. Cole, |
---|
680 | 686 | | dated January 4, 1935, recorded in Volume 250, Page 121, a Survey of |
---|
681 | 687 | | the 429-3/4 acre tract described in a deed from T. E. Carruth, et al |
---|
682 | 688 | | to M. T. Cole, dated March 28, 1936, recorded in Volume 256, Page |
---|
683 | 689 | | 285, all Deeds of the Denton County Deed Records, being described by |
---|
684 | 690 | | metes and bounds as follows: |
---|
685 | 691 | | BEGINNING at an 1/2-inch iron pin set in a broke off Bois |
---|
686 | 692 | | d'arc corner post at the Southwest corner of said 640 acre tract; |
---|
687 | 693 | | same being in the East line of the 320.350 acre tract recorded in |
---|
688 | 694 | | Clerk's File No. 99-67258; |
---|
689 | 695 | | THENCE North 00 degrees 35 minutes 15 seconds East, with the |
---|
690 | 696 | | East line of said 320.350 acre tract and generally near a fence, |
---|
691 | 697 | | 3057.12 feet to a 5/8-inch iron pin found at the Northeast corner of |
---|
692 | 698 | | said 320.350 acre tract; |
---|
693 | 699 | | THENCE North 89 degrees 23 minutes 04 seconds West, with the |
---|
694 | 700 | | North line of said 320.350 acre tract, 153.52 feet to an 1/2-inch |
---|
695 | 701 | | iron pin set in the West line of said 1.086 acre tract; same being on |
---|
696 | 702 | | the East side of H. Lively Road (rock road); |
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697 | 703 | | THENCE northerly with the East side of said H. Lively Road, |
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698 | 704 | | with the West line of said 1.086 acre tract and generally near a |
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699 | 705 | | fence as follows: |
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700 | 706 | | North 49 degrees 11 minutes 19 seconds East, 31.80 feet to an |
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701 | 707 | | 1/2-inch iron pin set; |
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702 | 708 | | North 06 degrees 29 minutes 42 seconds East, 103.71 feet to an |
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703 | 709 | | 1/2-inch iron pin set; |
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704 | 710 | | North 07 degrees 48 minutes 12 seconds East, 90.24 feet to an |
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705 | 711 | | 1/2-inch iron pin set; |
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706 | 712 | | North 19 degrees 36 minutes 29 seconds East, 83.19 feet to an |
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707 | 713 | | 1/2-inch iron pin set; |
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708 | 714 | | North 17 degrees 17 minutes 59 seconds East, 221.61 feet to an |
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709 | 715 | | 1/2-inch iron pin set at the Northwest corner of said 1.086 acre |
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710 | 716 | | tract; |
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711 | 717 | | THENCE South 89 degrees 52 minutes 01 second East, with the |
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712 | 718 | | North line of said 1.086 acre tract, 17.07 feet to an 1/2-inch iron |
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713 | 719 | | pin found at the Northeast corner of said 1.086 acre tract; same |
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714 | 720 | | being in the East line of the 160.939 acre tract recorded in Volume |
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715 | 721 | | 1300, Page 933; |
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716 | 722 | | THENCE northerly with the East line of said 160.939 acre |
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717 | 723 | | tract, the East side of said H. Lively Road and generally near a |
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718 | 724 | | fence as follows: |
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719 | 725 | | North 00 degrees 48 minutes 45 seconds East, 72.34 feet to an |
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720 | 726 | | 1/2-inch iron pin found; |
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721 | 727 | | North 00 degrees 23 minutes 31 seconds East, 2695.55 feet to |
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722 | 728 | | an 1/2-inch iron pin set in the South right-of-way line of Farm Road |
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723 | 729 | | No. 2449; |
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724 | 730 | | THENCE easterly with the South right-of-way line of said Farm |
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725 | 731 | | Road No. 2449 and generally near a fence as follows: |
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726 | 732 | | North 45 degrees 10 minutes 52 seconds East, 41.58 feet to an |
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727 | 733 | | 1/2-inch iron pin set; |
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728 | 734 | | North 89 degrees 46 minutes 37 seconds East, 679.48 feet to an |
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729 | 735 | | 1/2-inch iron pin set; |
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730 | 736 | | South 84 degrees 30 minutes 45 seconds East, 100.50 feet to an |
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731 | 737 | | 1/2-inch iron pin set; |
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732 | 738 | | North 89 degrees 46 minutes 37 seconds East, 200.00 feet to an |
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733 | 739 | | 60d nail set in top of a wood right-of-way marker; |
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734 | 740 | | North 84 degrees 03 minutes 59 seconds East, 100.50 feet to an |
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735 | 741 | | 1/2-inch iron pin set; |
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736 | 742 | | North 89 degrees 46 minutes 37 seconds East, 1462.48 feet to |
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737 | 743 | | an 1/2-inch iron pin found at the Northwest corner of the 18.28 acre |
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738 | 744 | | tract recorded in Volume 5, Page 709 of the Lis Pendens records of |
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739 | 745 | | Denton County, Texas |
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740 | 746 | | THENCE South 00 degrees 16 minutes 13 seconds East, with an |
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741 | 747 | | West line of said 18.28 acre tract and generally near a fence 711.07 |
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742 | 748 | | feet to an 1/2-inch iron pin found by a corner post at the Southwest |
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743 | 749 | | corner of said 18.28 acre tract; |
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744 | 750 | | THENCE North 89 degrees 45 minutes 23 seconds East, with the |
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745 | 751 | | South line of said 18.28 acre tract and generally near a fence, |
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746 | 752 | | 1119.68 feet to an 1/2-inch iron pin found by a corner post at the |
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747 | 753 | | Southeast corner of said 18.28 acre tract; |
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748 | 754 | | THENCE North 00 degrees 12 minutes 56 seconds West, with the |
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749 | 755 | | East line of said 18.28 acre tract and generally near a fence, |
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750 | 756 | | 710.67 feet to an 1/2-inch iron pin set at the Northeast corner of |
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751 | 757 | | said 18.28 acre tract, in the South right-of-way line of said Farm |
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752 | 758 | | Road No. 2449; |
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753 | 759 | | THENCE North 89 degrees 46 minutes 37 seconds East, with the |
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754 | 760 | | North right-of-way line of said Farm Road No. 2449 and generally |
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755 | 761 | | near a fence, 4616.62 feet to an 1/2-inch iron pin set in an East |
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756 | 762 | | line of said 562.8 acre tract; |
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757 | 763 | | THENCE South 00 degrees 09 minutes 33 seconds West, with an |
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758 | 764 | | East line of said 562.8 acre tract and generally with the center of |
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759 | 765 | | a rock road 1652.60 feet to an 1/2-inch iron pin set at the |
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760 | 766 | | South-Southeast corner of said 562.8 acre tract, where said road |
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761 | 767 | | turns to the West; |
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762 | 768 | | THENCE North 89 degrees 28 minutes 35 seconds West, with the |
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763 | 769 | | South line of said 562.8 acre tract and generally with the center of |
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764 | 770 | | said rock road, 254.68 feet to an 1/2-inch iron pin set in place of a |
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765 | 771 | | 60d nail found at the North-Northeast corner of said 429-3/4 acre |
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766 | 772 | | tract; |
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767 | 773 | | THENCE South 00 degrees 24 minutes 30 seconds West, with an |
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768 | 774 | | East line of said 429-3/4 acre tract and generally near an old |
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769 | 775 | | fence, 2169.07 feet to a Bois d'arc corner post found at the inside |
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770 | 776 | | corner of said 429-3/4 acre tract; |
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771 | 777 | | THENCE South 89 degrees 56 minutes 06 seconds East, with a |
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772 | 778 | | North line of said 429-3/4 acre tract and generally near the |
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773 | 779 | | evidence of an old fence, passing an 1/2-inch iron pin set by a |
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774 | 780 | | corner post at 3125.59 feet and continuing in all, 3151.06 feet to a |
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775 | 781 | | point on the West edge of John Paine Road (North-South rock road); |
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776 | 782 | | same being in a West line of the 2329.49 acre tract recorded in |
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777 | 783 | | Clerk's File No. 98-117450; |
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778 | 784 | | THENCE South 00 degrees 33 minutes 24 seconds West, with a |
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779 | 785 | | West line of said 2329.49 acre tract and with the West edge of said |
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780 | 786 | | John Paine Road, 2545.07 feet to an 1/2-inch iron pin found at the |
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781 | 787 | | Southeast corner of said 429-3/4 acre tract and an inside corner of |
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782 | 788 | | said 2329.49 acre tract; |
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783 | 789 | | THENCE North 89 degrees 47 minutes 59 seconds West, with the |
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784 | 790 | | South line of said 429-3/4 acre tract, a North line of said 2329.49 |
---|
785 | 791 | | acre tract and generally near an old fence, 5406.60 feet to a Bois |
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786 | 792 | | d'arc corner post found at the Southwest corner of said 429-3/4 acre |
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787 | 793 | | tract and a Northwest corner of said 2329.49 acre tract; |
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788 | 794 | | THENCE South 01 degree 59 minutes 48 seconds West, with a West |
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789 | 795 | | line of said 2329.49 acre tract and generally near a fence, 92.25 |
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790 | 796 | | feet to a Bois d'arc corner post found at an inside corner of said |
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791 | 797 | | 2329.49 acre tract and the Southeast corner of said 640 acre tract; |
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792 | 798 | | an one inch iron pipe found bears South 87 degrees 45 minutes 56 |
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793 | 799 | | seconds East, 3.46 feet; |
---|
794 | 800 | | THENCE North 89 degrees 30 minutes 24 seconds West, with the |
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795 | 801 | | South line of said 640 acre tract, a North line of said 2329.49 acre |
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796 | 802 | | tract and generally near an old fence for most of the way, 5806.65 |
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797 | 803 | | feet to the PLACE OF BEGINNING and containing 1357.12 acres. |
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798 | 804 | | SAVE AND EXCEPT THE FOLLOWING TRACTS OF LAND: |
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799 | 805 | | Except Tract 1: |
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800 | 806 | | 22.18748 acres of land situated in Denton County, Texas, in |
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801 | 807 | | the George West Survey, Abstract No. 1393 and the G.W. Pettingale |
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802 | 808 | | Survey, Abstract No. 1041, being more particularly described in |
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803 | 809 | | that certain Special Warranty Deed from SLF II Cole Property, L.P. |
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804 | 810 | | to Corporation of the Episcopal Diocese of Dallas dated to be |
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805 | 811 | | effective as of February 29, 2008 and recorded on March 4, 2008 as |
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806 | 812 | | Instrument No. 2008-22241 in the Real Property Records of Denton |
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807 | 813 | | County, Texas. |
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808 | 814 | | Except Tract 2: |
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809 | 815 | | 184.812 acres of land situated in Denton County, Texas, in |
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810 | 816 | | the William Neill Survey, Abstract No. 970, the John Bacon Survey, |
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811 | 817 | | Abstract No. 1540, the Isaac N. Hambree Survey, Abstract No. 594, |
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812 | 818 | | the Jeremiah Dalton Survey, Abstract No. 353 and the J.W. Kjellberg |
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813 | 819 | | Survey, Abstract No. 1610, being more particularly described in |
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814 | 820 | | that certain Special Warranty Deed from SLF II Cole Property, L.P. |
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815 | 821 | | to Aldi (Texas) L.L.C. dated to be effective as of May 8, 2008 and |
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816 | 822 | | recorded on May 8, 2008 as Instrument No. 2008-50360 in the Real |
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817 | 823 | | Property Records of Denton County, Texas. |
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818 | 824 | | Except Tract 3: |
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819 | 825 | | 0.247 acre of land situated in Denton County, Texas, in the |
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820 | 826 | | Jeremiah Dalton Survey, Abstract No. 353, being more particularly |
---|
821 | 827 | | described in that certain Donation Deed from SLF II Cole Property, |
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822 | 828 | | L.P. to Denton County, Texas dated to be effective as of September |
---|
823 | 829 | | 1, 2010 and recorded on October 26, 2010 as Instrument |
---|
824 | 830 | | No. 2010-107113 in the Real Property Records of Denton County, |
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825 | 831 | | Texas, and recorded again on July 25, 2011 as Instrument |
---|
826 | 832 | | No. 2011-68617 in the Real Property Records of Denton County, |
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827 | 833 | | Texas. |
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828 | 834 | | Except Tract 4: |
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829 | 835 | | 29.444 acres of land, situated in the J. McDonald Survey, |
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830 | 836 | | A-873, Denton County, Texas, and being more particularly described |
---|
831 | 837 | | in that certain Special Warranty Deed from SLF II Cole Property, |
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832 | 838 | | L.P. to the City of Denton, Texas dated to be effective as of |
---|
833 | 839 | | December 27, 2016 and recorded on December 29, 2016 as Instrument |
---|
834 | 840 | | No. 163835 in the Real Property Records of Denton County, Texas. |
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835 | 841 | | SECTION 3. (a) The legal notice of the intention to |
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836 | 842 | | introduce this Act, setting forth the general substance of this |
---|
837 | 843 | | Act, has been published as provided by law, and the notice and a |
---|
838 | 844 | | copy of this Act have been furnished to all persons, agencies, |
---|
839 | 845 | | officials, or entities to which they are required to be furnished |
---|
840 | 846 | | under Section 59, Article XVI, Texas Constitution, and Chapter 313, |
---|
841 | 847 | | Government Code. |
---|
842 | 848 | | (b) The governor, one of the required recipients, has |
---|
843 | 849 | | submitted the notice and Act to the Texas Commission on |
---|
844 | 850 | | Environmental Quality. |
---|
845 | 851 | | (c) The Texas Commission on Environmental Quality has filed |
---|
846 | 852 | | its recommendations relating to this Act with the governor, |
---|
847 | 853 | | lieutenant governor, and speaker of the house of representatives |
---|
848 | 854 | | within the required time. |
---|
849 | 855 | | (d) All requirements of the constitution and laws of this |
---|
850 | 856 | | state and the rules and procedures of the legislature with respect |
---|
851 | 857 | | to the notice, introduction, and passage of this Act have been |
---|
852 | 858 | | fulfilled and accomplished. |
---|
853 | 859 | | SECTION 4. This Act takes effect immediately if it receives |
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854 | 860 | | a vote of two-thirds of all the members elected to each house, as |
---|
855 | 861 | | provided by Section 39, Article III, Texas Constitution. If this |
---|
856 | 862 | | Act does not receive the vote necessary for immediate effect, this |
---|
857 | 863 | | Act takes effect September 1, 2019. |
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