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Resolution - Business Development:
Consider a resolution approving the method of assessment classification for the Northwest Passage Public Improvement District, and calling for a public hearing on October 26, 2021.
Following a public hearing at a Regular City Council Meeting on September 14, 2021, the City Council approved the creation resolution establishing the Northwest Passage Public Improvement District (PID). The creation resolution was recorded with the Lubbock County Clerk's office on September 21, 2021, as required by state statute.
The next step in the PID establishment process is to consider a resolution approving the classification(s) regarding the method of assessment and to call a public hearing to consider an ordinance to levy the assessment. All properties are identified as one classification with the method of assessment being based on assessed values. A proposed list of property owners, addresses, valuations, assessment rates, and assessments will be made available for review by the public in the City Secretary's office after October 26, 2021.
Jesica McEachern, Assistant City Manager
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