Resolution - Business Development: Consider a Resolution accepting a Special Warranty Deed on behalf of the Upland Crossing Public Improvement District (PID) by Betenbough Homes, LLC, granted to the City of Lubbock, for real property located at tracts within the Upland Crossing PID, as described on the Special Warranty Deed exhibits.
Item Summary
The Upland Crossing Public Improvement District (PID) is generally bounded by 26th Street to the north, Upland Avenue to the east, 34th Street to the south, and Yuma Avenue to the west.
Creation Resolution No. 2019-R0375, approved on October 8, 2019, established the area as a PID under Chapter 372 of the Texas Local Government Code, for the purpose of financing improvements and services related to:
the acquisition or construction of drainage facilities or improvements;
the design, construction, and maintenance of parks and greenspace, fences, ponds, together with any ancillary structures, features, or amenities such as playgrounds, splash pads, pools, athletic facilities, pavilions, community facilities, irrigation, walkways, lighting, benches, trash receptacles, community signage, and any similar items located therein, along with all necessary grading, drainage, and similar infrastructure involved in the maintenance of such parks and greenspace; landscape, hardscape, and irrigation; and,
the costs of establishing, administering, and operating the public improvement district.
This item transfers ownership of entry signage, a large park and drainage basin, ten sections of fence, and a pocket park, to the PID. In order for the PID to maintain the parks, they must be public property, and this item will fulfill that requirement. Maintenance of these items is included in the Upland Crossing PID Service and Assessment Plan, and upon acceptance, the PID will maintain these properties. Staff will work with the PID Advisory Board to create maintenance specifications and issue a contract through the City of Lubbock procurement process.
The Upland Crossing PID Board voted to accept these properties from Betenbough Homes, LLC during their regular board meeting on October 15, 2024.
Fiscal Impact
The cost to maintain the properties is included in the FY 2024-25 Upland Crossing PID Service and Assessment Plan, as adopted by the City Council.
Staff/Board Recommending
Bill Howerton, Deputy City Manager Brianna Brown, Business Development Director Upland Crossing Public Improvement District Advisory Board