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AI# 14257   Regular City Council Meeting 6.16. 06/09/2026:

Information

Agenda Item

Resolution - Business Development: Consider a resolution approving the method of assessment classification for the Centerpointe Public Improvement District, and calling for a Public Hearing on July 14, 2026.

Item Summary

Following a public hearing at the regular City Council meeting on May 12, 2026, the City Council approved the creation resolution establishing the Centerpointe Public Improvement District (PID). The creation resolution was recorded with the Lubbock County Clerk's Office on May 18, 2026, 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 the property owners, addresses, valuations, assessment rates, and assessments will be made available for review by the public in the City Secretary's Office after June 15, 2026.

Fiscal Impact

None

Staff/Board Recommending

Bill Howerton, Deputy City Manager

Attachments Resolution

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