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Consideration of an Ordinance Updating the Assessment/Service Plan and Assessment Roll for Lewisville Castle Hills Public Improvement District No. 6 Project.
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ADMINISTRATIVE COMMENTS:
City Council approved a resolution on August 4, 2014 authorizing the creation of Lewisville Castle Hills Public Improvement District (PID) No. 6 and the Plan approved on August 16, 2014 was later amended and approved on July 17, 2017. An update to the Service Plan and Assessment Roll must be periodically approved by City Council. This plan identifies public improvement costs being provided by the PID along with related information concerning the indebtedness incurred and the current outstanding assessments and indebtedness. PID 6 occupies the same area as Denton County Fresh Water Supply District 1-H.
RECOMMENDATION:
That the City Council approve the ordinance as set forth in the caption above.