25-2417A

A public hearing to receive comments concerning: (1) the proposed levy of assessment for the RedBird Public Improvement District (the “District”) in accordance with Chapter 372, Texas Local Government Code, for the purpose of providing supplemental public services to be funded by special assessments on property in the District; and, at the close of the public hearing; (2) authorize an ordinance approving and adopting the final 2026 Service Plan, the final 2025 Assessment Plan, the 2025 Assessment Roll (to be kept on file with the City Secretary), 2026 Notice of Obligation to Pay Improvement District Assessment (to be filed with Dallas County) and the establishment of appropriations in the District Fund; (3) establishing classifications for the apportionment of costs and the methods of assessing special assessments for the services and improvements to property in the District; (4) closing the public hearing and levying a special assessment on property in the District for services and improvements to be provided in the District during 2026; (5) providing for reimbursement of city administrative costs for operational oversight of the District; (6) establishing charges and liens against the property in the District and against the owners thereof; (7) providing for the collection of the 2025 assessment; (8) authorizing the receipt and deposit of assessments from Dallas County; (9) authorizing a correction to Resolution No. 25-0872 which mistakenly identified the District’s management entity as Preferred Place, LLC instead of as Red Bird Public Improvement District Inc, a Texas nonprofit corporation established by Preferred Place, LLC to manage the District; (10) authorizing a management contract with Red Bird Public Improvement District Inc; authorizing the disbursement of assessments and interest to Red Bird Public Improvement District Inc.; and (11) providing for an effective date - Not to exceed actual collections estimated at $305,556.00320,391.00, - Financing: RedBird Public Improvement District Fund (subject to appropriations) (see Fiscal Information)

MISCELLANEOUS HEARINGS Corrected; Hearing Closed; Approved Introduced July 25, 2025

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Committee: Office of Economic Development
Requested by: Office of Economic Development (ECO)
Introduced: July 25, 2025
On agenda: August 27, 2025
Enactment no.: 25-1408; CORRECTED; HEARING CLOSED; APPROVED; ORDINANCE 33216