HomeMy WebLinkAboutOrdinance No. 16,579 (Item 7.a)ORDINANCE NO. 16,579
AN ORDINANCE OF THE CITY OF BAYTOWN, TEXAS APPROVING THE
2026 ANNUAL UPDATE OF THE SERVICE AND ASSESSMENT PLAN AND
ASSESSMENT ROLL FOR THE BAY CREEK PUBLIC IMPROVEMENT
DISTRICT INCLUDING THE COLLECTION OF THE 2026 ANNUAL
INSTALLMENTS.
WHEREAS, the City of Baytown, Texas (the "City") received a petition meeting the
requirements of Sec. 372.005 of the Public Improvement District Assessment Act (the "Act")
requesting the creation of a public improvement district over a portion of the area within the
corporate limits of the City to be known as the Bay Creek Public Improvement District (the
"District"); and
WHEREAS, the petition contained the signatures of the owners of taxable property
representing more than fifty percent of the appraised value of taxable real property liable for
assessment within the boundaries of the proposed District, as determined by the then current ad
valorem tax rolls of the Harris County Appraisal District and the signatures of property owners
who own taxable real property that constitutes more than fifty percent of the aera of all taxable
property that is liable for assessment by the City; and
WHEREAS, on June 24, 2021, the City Council approved a resolution (the "Resolution")
to provide for a public hearing date on July 22, 2021, to consider the creation of the District; and
WHEREAS, notice of the hearing was published in a newspaper of general circulation in
the City in which the District is to be located on July 4, 2021; and,
WHEREAS, on June 28, 2021, notice to the owners of property within the proposed
District was sent by first-class mail to the owners of 100% of the property subject to assessment
under the proposed District containing the information required by the Act such that such owners
had actual knowledge of the public hearing to be held on July 22, 2021; and
WHEREAS, the City Council approved the creation of the District by Resolution approved
on July 22, 2021 (the " Creation Resolution") and published the Creation Resolution as authorized
by the Act; and
WHEREAS, pursuant to Sections 372.013, 372.014, and 372.016 of the Act, the City
Council has directed the preparation of a Preliminary Service and Assessment Plan for Authorized
Improvements within the District (the "Service and Assessment Plan") and an assessment roll for
the District (the "Assessment Roll") that states the assessment against each parcel of land within
the District (the "Assessments"); and
WHEREAS, the City called a public hearing regarding the proposed levy of Assessments
pursuant to the Service and Assessment Plan and the proposed Assessment Roll on property within
the District, pursuant to Section 372.016 of the Act: and
WHEREAS, the City, pursuant to Section 372.016(b) of the Act, published notice in a
newspaper of general circulation within the City to consider the proposed Service and Assessment
Plan for the District and the levy of the Assessments. as defined in the Service and Assessment
Plan, on property in the District; and
WHEREAS, the City Council, pursuant to Section 372.016(c) of the Act caused the mailing
of notice of the public hearing to consider the proposed Service and Assessment Plan and the
Assessment Roll attached to the Service and Assessment Plan and the levy of Assessments on
property in the District to the last known address of the owners of the property liable for the
Assessments; and
WHEREAS, the City Council convened the public hearing at 6:00 p.m. on the 27th day of
June, 2024, at which all persons who appeared, or requested to appear, in person or by their
attorney.)were given the opportunity to contend for or contest the Service and Assessment Plan,
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the Assessment Roll, and the proposed Assessments, and to offer testimony pertinent to any issue
presented on the amount of the Assessments, the allocation of the costs of the Authorized
Improvements, the purposes of the Assessments, the special benefits of the Assessments, and the
penalties and interest on annual installments and on delinquent annual installments of the
Assessments; and
WHEREAS, the City Council approved an Ordinance levying Assessments on property
within the District: and
WHEREAS, pursuant to the Act, the Service and Assessment Plan and Assessment Roll is
required to be reviewed and updated annually as described in Sections 372.013 and 372.014 of the
PID Act; and
WHEREAS, the City Council has directed that an update to the Service and Assessment
Plan and the Assessment Roll for the District be prepared for 2026 (together, the "2026 Updates"):
and
WHEREAS, the City Council now desires to proceed with the adoption of this Ordinance
approving the 2026 Updates attached thereto, in conformity with the requirements of the Act: and
WHEREAS, the City Council finds the passage of this Ordinance to be in the best interest
of the citizens of Baytown, Texas.
NOW, THEREFORE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
BAYTOWN, TEXAS, THAT:
SECTION 1: That all matters stated in the preamble are found to be true and correct and
are incorporated herein as if copied in their entirety.
3
SECTION 2: That the 2026 Updates attached hereto as Exhibit A are hereby approved and
accepted as provided.
SECTION 3: If any portion of this Ordinance shall, for any reason, be declared invalid by
any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof
and the Council hereby determines that it would have adopted this Ordinance without the invalid
provision.
SECTION 4: That this Ordinance shall be cumulative of all other City Ordinances and all
other provisions of other Ordinances adopted by the City which are inconsistent with the terms or
provisions of this Ordinance are hereby repealed.
SECTION 5: It is hereby declared to be the intention of the City Council of the City of
Baytown, Texas, that sections, paragraphs, clauses and phrases of this Ordinance are severable,
and if any phrase, clause, sentence, paragraph or section of this Ordinance shall be declared legally
invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction,
such legal invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses,
sentences, paragraphs or sections of this Ordinance since the same would have been enacted by
the City Council of the City of Baytown without the incorporation in this Ordinance of any such
legally invalid or unconstitutional, phrase, sentence, paragraph or section.
SECTION 6: This ordinance shall take effect immediately from and after its passage as
the law in such case provides.
4
INTRODUCED, READ, and PASSED by the affirmative vote of the City Council of Baytown
this 10"' day of September, 2026.
ARLES JOHNSON, Mayor
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AN ELA KSOT1f, Ci C
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APPROVE A TO FORM: � OF
SCOTT I AMOND, City Attorney
STATE OF TEXAS §
COUNTY OF HARRIS §
Before me, the undersigned authority, on this day personally appeared Charles Johnson,
Mayor of the City of Baytown, known to me to be such persons who signed the above and
acknowledged to me that such persons executed the above and foregoing Ordinance in my presence
for the purposes stated therein.
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EXHIBIT "A"
BAY CREEK
PUBLIC IMPROVEMENT DISTRICT
CITY OF BAYTOWN, TEXAS
ANNUAL SERVICE PLAN UPDATE
(ASSESSMENT YEAR 9/1/26-8/31/27)
AS APPROVED BY CITY COUNCIL ON:
SEPTEMBER 10, 2026
PREPARED BY':
MUNICAP, INC.
-- PUBLIC FINANCE --
SAY CREEK
PUBLIC IMPROVEMEN'T DISTRICT
ANNUAL SERVICE PLAN UPDATE
(ASSESSMENT YEAR 9/1/26-8/31/27)
TABLE OF CONTENTS
I. INTRODUCTION................................................................................................................ 3
II. UPDATE OF THE SERVICE PLAN................................................................................... 5
-
A. UPDATED SOURCES :AND USES FOR PUBLIC IMPRONTNIENTS............................................................... ti
B. FIFE YEAR SERVICE PLAN................................................................................................................... 7
C. ANNUm. BuDGE-1.................................................................................................................................. 7
D. ANNIAL INSTALLMENTS PER UNI'I'.................................................................................................... 9
III. UPDATE OF THE ASSESSMENT PLAN.......................................................................... 11
IV. UPDATE OF THE ASSESSMENT ROLL......................................................................... 12
A. PARCEL UPDATES............................................................................................................................... 12
B. PREPAYMENT OFASSESSMENTS......................................................................................................... 14
APPENDIX A—PID MAP AND AVAILABLE PLATS
APPENDIX B —PREPAID PARCELS
APPENDIX C-1— PHASE 41 ASSESSMENT ROLL Sl'�IlIARl' — 2026-27
APPENDIX C-2 — PHASE #1 PROJECTED ASSESSMENT SCHEDULES
APPENDIX D — PID ASSESSMENT NOTICE
MuniCap 12
I. I.1V TR 0D L-'C'TI0!V
The Bay Creek Public Improvement District (the "PID") was created pursuant to the PID Act and
Resolution No. 2750 of the City Council (the "City Council") on October 13. 2021, to finance
certain public improvement projects for the benefit of the property in the PID.
The City of Baytown, Texas (the "City'') approved a reimbursement agreement with Castlerock
Communities, LLC (the "Developer") effective June 27, 2024. Pursuant to the service and
assessment plan approved by the City on June 27, 2024 (the "Service and Assessment Plan''),
reimbursement obligations for the Phase # 1 Improvements in the aggregate principal amount of
$4,300,000 (the "Phase # 1 Reimbursement Agreement") are secured by Assessments (the "Phase
# 1 Assessments").
The Service and Assessment Plan was prepared at the direction of the City identifying the
Authorized Improvements to be provided by the PID, the costs of the Authorized Improvements,
the indebtedness to be incurred for the Authorized Improvements, and the manner of assessing the
property in the PID for the costs of the Authorized Improvements. Pursuant to the PID Act, the
Service and Assessment Plan must be reviewed and updated annually. This document is the annual
update of the Service and Assessment Plan for 2026-27 (the "Annual Service Plan Update").
The City also adopted Assessment Rolls identifying the assessments on each Parcel within the
PID, based on the method of assessment identified in the Service and Assessment Plan. This
Annual Service Plan Update also updates the Assessment Roll for 2026-27 as shown in Appendix
C-1. The Texas legislature passed House Bill 1543 as an amendment to the PID Act, requiring,
among other things, (i) all Service and Assessment Plans and Annual Service Plan Updates be
approved through City ordinance or order to be filed with the county clerk of each county in which
all or part of the PID is located within seven days and (ii) include a copy of the notice form required
by Section 5.014 of the Texas Property Code (the "PID Assessment Notice") as disclosure of the
obligation to pay PID Assessments. In light of these amendments to the PID Act, this Annual
Service Plan Update includes a copy of the PID Assessment Notice as Appendix D and a projected
assessment schedule for Phase # 1 as Appendix C-2. A copy of this Annual Service Plan Update
will be filed with the county clerk in each county in which all or a part of the PID is located not
later than seven (7) days after the date the governing body of the City approves this Annual Service
Plan Update.
Section 372.013 of the PID Act, as amended, stipulates that a person who proposes to sell or
otherwise convey real property that is located in the PID, except in certain situations described in
the PID Act, shall first give to the purchaser of the property a copy of the completed PID
Assessment Notice. Tile PID Assessment Notice shall be given to a prospective purchase before
the execution of a binding contract of purchase and sale, either separately or as an addendum or
paragraph of a purchase contract. In the event that a contract of purchase and sale is entered into
without the seller -provided the required notice, the purchaser, subject to certain exceptions
described in the PID Act, is entitled to terminate the contract.
NluniCap 13
The PID Assessment Notice shall be executed by the seller and must be filed in the real property
records of the County in which the property is located at the closing of the purchase and sale of
the property.
Capitalized terms in this section not defined herein shall have the meanings assigned to such terms
in the Service and Assessment Plan.
(the remainder of this page is intentionally., left blank)
N1unWap 14
II. UPDA TE of THE .SER VICE E PLAN
A. UPDATED SOURCES AND USES FOR PUBLIC IMPROVEMENTS
Estimated Sources and Uses
Pursuant to the original Service and Assessment Plan adopted on June 27, 2024, the initial total
estimated costs of the Phase # 1 Improvements, including Phase Ws portion of the Major
Improvements, were equal to $7,081,340. According to the Developer as of June 30, 2026, the
estimated costs of the Phase #1 Improvements were equal to $7,248,383.
Table II -A on the following page summarizes the estimated sources and uses of funds required to
construct the Phase #1 Improvements.
(the remainder of this page is intentionally lef blank)
MLiniCap 15
Table II -A
Estimated Sources and Uses
Sources of Funds
Initial
Estimated
Budget
Updated
Sent to
Remaining
Revisions
Budget
Date
to Draw
Assessment Amount
$4,3001,000
$0
$49300,000
$4,3009000
$0
Other funding sources
$2,856,340
$167,043
$3,0239383
$1,6019875
$1,4215507
Total Sources
$791569340
$1679043
$793239383
$599019875
$194219507
Uses of Funds
Major Improvements
Water
$175436
$0
$17,436
$0
$17,436
Sanitary sewer
$573,752
$0
$573,752
$506,020
$67,732
Storm drainage
$2709271
$0
$270,271
$2669345
$39926
Landscaping, parks, and trails
$1,053,587
$0
$1,053,587
$0
$1,053,587
Other soft and miscellaneous costs
$305273
$0
$309273
$0
$309273
Subtotal: Major Improvements
S 11 9451319
so
S 1, 945, 319
S 772, 365
S 1,172, 954
Phase #1 Improvements
Roadway
$1,836,970
$37,475
$1,8745445
$1,874445
$0
Water
$5019875
$91227
$5119102
$5119102
$0
Sanitary sewer
$878,638
$120,341
$9985979
$998,979
$0
Storm drainage
$196739966
$0
$196739966
$1,6699985
$39981
Other soft and miscellaneous costs
$244,572
$0
$244,572
$0
$244,572
Subtotal: Phase #1
`� 5 136 021
� 167 043
$ 5 303 064
: 5 054 51 D
`�
� 248 553
p o me s Im r ve nt
'
'
'
'
Other Assessment Related Costs
Assessment levy fee and first year
75 000
0
75 000
75 000
0
Administrative Expenses
Subtotal: Other Assessment
75000
s0
S 75000
S751000
so
Related Costs
Total Uses
$791569340
$1679043
$793239383
$599019875
$194219507
1 — According to the Service and Assessment Plan approved by the City oil June 27. 2024.
2 — According to information provided by the Developer on May 19, 2026. As of July 27. 2026. no requisitions have been approved
by the
City.
Cn et TlZ-rrilirl'oo v
As stated in Table 11-A above, the estimated costs of the Phase #1 Improvements were equal to
$7,248,383.
MuniCap 16
B. RIVE -YEAR SERVICE PLAN
According to the PID Act, a service plan must cover a period of five years. The budget for the
Authorized Improvements is shown in Section II -A. on the previous page, and the Annual
Installments expected to be collected for those costs during the next five years are shown in Table
II-B below.
Table II-B
Annual Projected Costs and Annual Projected Indebtedness (2024-2032)
Assessment Year Ending 9/01
Projected Annual Installments'
2024-2026
$7459102
2027
$380,490
2028
$379,740
2029
$379,201
2030
$379,488
2031
$379,539
2032
$3799352
Total $390229912
1 - Assessment years ending 2024 through 2027 reflect actual Annual Installments and are
net of applicable credits. Assessment years 2028 through 2032 reflect projected Annual
Installments and are subiect to change.
C. ANNUAL BUDGET
Phase 41 Annual Installments — 2026-2 7
The Assessment imposed on any Parcel may be paid in full at any time. If not paid in full, the
Assessment shall be payable in thirty Annual Installments of principal and interest beginning with
the tax year following the earlier of (i) with tax bills sent the first October after issuance of a series
of Bonds, or (ii) January 31, 2025. Such first Annual Installment for a Lot or Parcel for which
collection has begun, shall be due by January 31 st of the following calendar year. Pursuant to
condition (ii), the first Phase # 1 Annual Installments were due on January 31, 2025. Accordingly,
twenty-eight (28) Phase #1 Annual Installments remain outstanding.
Pursuant to the Service and Assessment Plan, each Phase # 1 Assessment shall bear interest at the
rate on the Phase # 1 Reimbursement Agreement. The effective interest rate is 6.42 percent for
2026-27. These payments, the "Annual Installments" of the Assessments, shall be billed by the
City in 2026 and will be delinquent on February 1, 2027.
Pursuant to the Service and Assessment Plan, each Phase # 1 Annual Installment, including the
interest on the unpaid amount of an Assessment, shall be updated annually. Each Annual
Installment together with interest thereon shall be delinquent if not paid prior to February I of the
following year.
MuniCap (7
Annual Installments to be collectedfor 2026-27
The budget for the PID will be paid from the collection of Phase #1 Annual Installments collected
for 2026-27 as shown in Table I I-C-1 below.
Table II-C-1
Budget for the Phase #1 Annual Installments
to be Collected for 2026-27
Phase #1
Reimbursement
Agreement
Interest payment on March 1, 2027 $1339336
Interest payment on September 1, 2027 $133,336
Principal payment on September 1, 2027 $679000
Subtotal debt service $333,672
Administrative expenses $469818
Subtotal expenses $380,490
Available administrative expense funds $0
Subtotal fiends available $0
Annual Installments $3809490
Debt Service Pcivments
Phase #1 Annual Installments to be collected for principal and interest on the Phase #1
Reimbursement Agreement include interest due on March 1, 2027, in the amount of $133,336 and
September 1, 2027, in the amount of $133.336. which equal interest on the adjusted outstanding
Assessment balance of $4,153,769 for six months each and an effective interest rate of 6.42
percent. Annual Installments to be collected on the Phase # 1 Reimbursement Agreement include
a principal amount of $67,000 due on September 1, 2027. As a result, the total Phase #1 Annual
Installments to be collected for principal and interest on the Phase #1 Reimbursement Agreement
in 2026-27 is estimated to be equal to $333,672.
Administrative Expenses
Administrative expenses for Phase #1 of the PID include the City, Administrator, Goose Creek
ISD Tax Services (the "Tax Office") and Contingency. Estimated charges for the billing and
collection of Phase #1 Annual Installments are included as a part of City fees. As shown in Table
II-C-2 on the following page, the total administrative expenses to be collected for 2026-27 are
estimated to be $46,818.
MuniCap 18
Table II-C-2
Administrative Budget Breakdown
Description 2026-27 Estimated Budget
city, $6,100
Administrator $36,000
Contingency $45718
Total $46,818
l — This amount includes $1.000 in estimated charges for the billing and collection
of Please # 1 Annual Installments.
Available Administrative Expense Account
The balance in the administrative expense account is anticipated to be used for the payment of
current year administrative expenses through January 31, 2027. As a result, there are no funds
available in the administrative expense account to reduce the 2026-27 Annual Installments.
D. ANNUAL INSTALLMENTS PER UNIT
According to the Service and Assessment Plan, the Annual Installments shall be collected in an
amount sufficient to pay principal and interest on the outstanding PID Reimbursement Agreement
described in the Service and Assessment Plan, and to cover Administrative Expenses of the PID.
According to the Updated Service and Assessment Plan, 143 units were estimated to be built within
the PID. A final plat for Phase #1 was filed and recorded with the City on April 25, 2024. The
plat, attached hereto as Appendix A, consisted of 143 lots. According to City records, one property
(Lot Type 2) has prepaid their Assessment balance in full.
The Annual Installment for 2026-27 will only be collected from the Assessed Properties within
Phase #1 of the PID that are shown in the Service and Assessment Plan. The Annual Installment
to be collected from each Lot Type in Phase # 1 is determined using the percentage of Assessments
for each Lot Type as shown in Table I I-D-1 below.
Table II-D-1
Annual Installment Per Unit — Phase #1
Total2026-27 Allocation Annual Installment
Lot Type Annual Percentage' Per Unit
Installment g
Lot Type 1 $3 80,490 0.77% $2,920.69
Lot Type 2 $380,490 0.68% $21600.61
1 — Allocation percentage for each lot sire is calculated as each lot's respective estimated
bL11ldol1t value as a percent ofthe total estimated buildout value for Phase #1 of the PID.
MLiniCap 19
The list of Parcels within Phase # 1 of the PID, the number of units to be developed on the current
residential Parcels, the corresponding total units, the total outstanding Assessment, the annual
principal and interest, the Administrative Expenses, and the Annual Installment to be collected for
2026-27 are shown in the Assessment Roll Summary attached hereto as Appendix C-1.
(the remainder of this page is intentionally left blank)
MuniCap 110
III. UPDA TE OF THE A,SSES.SMEArT PL.AN
The Service and Assessment Plan adopted by the City Council provided that the Authorized
Improvement Costs shall be allocated to the Assessed Property equally on the basis of the number
of residential dwelling units anticipated to be built on each Parcel once such property is fully
developed and that such method of allocation will result in the imposition of equal shares of the
Authorized Improvement Costs to Parcels similarly benefited.
This method of assessing property has not been changed and Assessed Property will continue to
be assessed as provided for in the Service and Assessment Plan.
(the remainder of this page is intentionally left blank-)
ML111iCap 111
I J/ e UPD --1 TE OF THE A S.SESSMEN T ROLL
Pursuant to the Service and Assessment Plan, the Assessment Roll shall be updated each year to
reflect:
(i) the identification of each Parcel (ii) the Assessment for each Parcel of Assessed Property,
including any adjustments authorized by this Service and Assessment Plan or in the PID Act;
(iii) the Annual Installment for the Assessed Property for the year (if the Assessment is payable
in installments); and (iv) payments of the Assessment, if any, as provided by Section VI.F of
the Service and Assessment Plan.
The summary of updated Assessment Roll is shown in Appendix C-1 of this report. Each Parcel
in the PID is identified, along with the Assessment on each Parcel and the Annual Installment to
be collected from each Parcel. Assessments are to be reallocated for the subdivision of any Parcels.
A. PARCEL. UPDATES
According to the Service and Assessment Plan, upon the subdivision of any Parcel, the Assessment
for the Parcel prior to the subdivision shall be reallocated among the new subdivided Parcels
according to the following formula:
A=Bx(C=D)
Where the terms have the following meanings:
A = the Assessment for each new subdivided Parcel
B = the Assessment for the Parcel prior to subdivision
C = the estimated buildout value to be built on each new subdivided Parcel
D = the sum of the estimated buildout value to be built on all of the new subdivided
Parcels
The calculation of the estimated buildout value to be built on a Parcel shall be performed by the
Administrator and confirmed by the City Council based on the information available regarding the
use of the Parcel. The estimate as confirmed shall be conclusive. The buildout value to be built on
a Parcel may be estimated by net land area and reasonable density ratios.
According to the Developer and Harris Central Appraisal District, 143 lots were subdivided from
Parcel 0402210000541 in 2024 as shown in the Service and Assessment Plan.
The original outstanding Assessment against all lots within the PID was $4,300,000. The principal
amount collected as part of the 2024-25 Annual Installments was $61,000 and the applicable
interest for calculating interest on the Assessments was 6.42 percent. As a result, the outstanding
Assessment against all lots after payment of the 2024-25 Annual Installments was $4,239,000. The
total outstanding Assessment actually used for calculating the 2025-26 Annual Installments was
inadvertently understated to be $4,011,400 and the interest rate used for calculating 2025-26
MLiniCap I L.2"
interest was 6.51 percent. The understated total outstanding Assessment and higher interest rate
used for the actual calculation of 2025-26 Annual Installments resulted in understated individual
outstanding Assessment amounts allocated to each lot and lower total principal amount collected
as part of the 2025-26 Annual Installments. These understatements against each lot and resulting
Annual Installments have been corrected and the adjusted 2025-26 outstanding Assessment against
each lot is shown in Appendix C-1 of this Annual Service Plan Update. See Table IV-A-1 below
for a summary of the adjusted 2025-26 budget.
Table IV-A-1
2025-26 Adjusted Budget'
Phase #1 RA
Phase #1 RA
Outstanding Assessment Calculations Prior to
After
Adjustment
Adjustment
Phase # 1 Reimbursement Agreement Original 4 064 400
4 300 000
Assessment Balance
Principal Redemptions
Excess Principal Paid
Prepayments (Non -Redeemed)
Outstanding Assessments
Interest Rate
Annual Installment Calculations
($53,000)
($61 ,000)
$0
$0
$0
$0
$4,0111,400
$4,2399000
6.51%
6.42%
Interest payment on March 1, 2026 $1301571 $136,072
Interest payment on September 1, 2026 $130,571 $136,072
Principal payment on September 1, 2026 $56,000 $58,000
Subtotal debt service $317,142 $330,144
Administrative expenses $45,900 $325898
Subtotal expenses $363, 042 $363, 042
Available administrative expense funds $0 $0
Subtotal funds available $0 $0
Annual Installments $3639042 $3639042
1 — The Assessment reduction constitutes an administrative correction pursuant to Section VIII of the Service and
Assessment Plan.
See Table IV-A-2 on the following page for a summary of the adjusted outstanding 2025-26
Assessments.
1! Uni Cap (13
Table IV-A-2
2025-26 Adjusted Outstanding Assessment'
2025-26 Total
2025-26 Outstanding2025-26
Total
2025-26 Outstanding
Outstanding
Lot Type Assessment Prior to
Assessment Unit
Outstanding
Assessment After
Assessment per Unit
Adjustment
Prior to Adjustment
Adjustment
After Adjustment
Lot Type 1 $15070,405
$309583
$1,1319138
$325318
Lot Type 2 $2,9401995
$27,231
$3,107,862
$28,777
Total $49011,400 $492399000
1 — The Assessment reduction constitutes an administrative correction pursuant to Section VIII of the Service and Assessment
Plan.
B. PREPAYMENT OF ASSESSMENTS
According to City records, one property (Lot Type 2) has prepaid their Assessment balance in full.
The complete Assessment Roll is available for review at the City Hall, located at 2401 Market
Street, Baytown, TX 77522.
MLtniCap 114
APPENDIX A
PID MAP AND AVAILABLE PLATS
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(6C• MAC #461 4 h MI
BAY CREEK
SECTION ONE
A SUBDIVISION CONTAINING 41.954 ACRES
OUT OF THE GEORGE ELLIS LEAGUE, A-21
HARRIS COUNTY, TEXAS
SCALE: 1"=100'
APRIL 2024
9 BLOCKS, 143 LOTS, 12 RESERVES
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APPENDIX B
PREPAID PARCELS
Parcel ID Full/Partial
1477330080005 Full
APPENDIX C-1
ASSESSMENT ROLL SUMMARY - 2026-27
Aimendix C-I
Assessment Roll Summary
21126-27
Parcel
Estimated
No. of units
Lot Type
Lot Size
Initial
Assessment
Allocation
Current (2026-27)
Assessment
Allocation
2025-26 Adjusted
Outstanding
Assessment'
2026-27 Outstanding
assessment
Principal
Interest
Administrative
Expense
Annual
Installment
1477330010001
1
Lot T%pe 2
50,
0.68%
0.68%
$28.777
$28,391
$457.94
$1.822.68
$320.00
$2,600.61
1477 1300100H02
l
Lot T%pe _'
S0'
0 6x°„
n 68°„
S29.777
`+2x.39) I
S457 94
SIX" 6x
5320 00
't"D 00 61
1477330010003
l
Lot Type 2
50'
0.68%
(UM10
$28,777
$28.391
$457.94
$1,822.68
$320.00
$2.600.61
14773 30010004
1
Lot 'rNpc 2
50'
1) 68%
0 68011
$28.777
$28.391
S457 94
S1.822 6x
S320 of)
$2.600 61
1477330010005
1
Lot Type'_
50'
0.68%
0.68%
$28.777
$28.391
$457 94
$1.822.68
$320.00
$2,600.61
14773 3001000o
I
Lot Type 2
5u'
0 680"
0 6801,
`Q8.777
S29.391
$457 94
S 1.822 68
S3 20 00
$2,000 61
1477330010007
1
Lot Type 2
51),
0.68%
0 68%
$28.777
$28.391
$457 94
$1.822.68
$320 00
$2,600.61
1477330010009
1
Lot "r%pc 2S0'
0 68"„
0 68"„
$28.777
$28.391
$457 94
$1.822 68
5320 00
$2,000 61
1477330010009
0
Open
Open
0.00%
0.00%
$0
$0
$0.00
$0.00
$0.00
$0.00
1477330020001
l
Lot'r,,pe 2
i1),
0 68°"
0 68"„
$2x.777
$28.391
5457 94
51.x2? (>x
S320 00
$2.6110 61
1477330020002
1
Lot T%pc 2
50'
0.68%
0.68%
$28,777
$28.391
$457,94
$1.922.69
$320.00
$2,600.61
1477330020003
1
Lot T%pe 2
Su'
0 68',
0 68"„
S28.777
$28.39)1
5457 94
$1.822 t>x
5320 00
52.600 61
1477330020004
1
Lot Type 2
50'
0.68%
0.68°-b
$28,777
$28.391
$457.94
$1,822.68
$320.00
$2,600.61
1477330020005
1
Lot r%pe 2
50'
0 68%
06811.1
528.777
$2x.391
5457 94
51.8'" 6x
S320 00
S2.000 61
1477330020006
1
Lot Typc 2
50'
o.6 %
0.68%
$28.777
$28.391
$45T94
$1.822.68
$320.00
$2,600.61
1477 3 30020007
1
Lot r\pc 2
S0'
06900
0 6K9'o
S28.777
S28.391
$457 94
$1.822 68
S320 00
S1600 61
1477330020008
1
Lot Type 2
50,
0.68%
0.680/„
$28.777
$28,391
S457 94
$1.822.68
$320.00
$2.600.61
1477330020009
1
Lot 'ripe 2
50'
0 68"0
0 68"„
$28.777
$28391
$457 94
$1.822.(i8
$320 01)
$2.600 61
1477330020010
1
Lot T\pc 2
50'
0.68%
0.68%,
$28.777
$28,391
$457,94
$1.822.68
$320.00
$2.600.61
147733(I0201)I I
!
Lot Type 2
51►'
ll 68°0
069011
$28.777
`�28.391
$457 94
51.822 6x
5320 01►
$2.blu► 61
1477330020012
1
Lot T\pc 2
50'
0.68010
0.680/o
$28.777
$28.391
$457,94
$1.822.68
$320.00
$2.600.61
14773 30020013
l
Lot 'r\pc _
51)'
0 68°„
a 6x°.,
S28.777
$29.39I
S457 94
SL822 68
S320 00
$2.(,00 61
1477330020014
1
Lot T\pc 2
50'
0.68%
0.68%
$28,777
$28.391
$457.94
$1,822.68
$320.00
$2,600.61
14773,30020015
1
Lot T\pc 2
50'
0 68011
0691111
528.777
$2x_39)I
5457 94
$1.822 6x
53 )0 00
$2.600 61
1477330020016
1
Lot T\pc 2
50'
0.68%
0.68%
$28,777
$28.391
$457.94
$1,822.68
$320.00
$2,600.61
1477 330020017
1
Lot T\ pe 2
50'
0 68"„
0 68" „
S28.777
528.391
$457 94
$1.822 68
5320 00
$2.600 6I
1477330020019
1
Lot Typc2
50'
0,68%
0.680,/o
$28.777
$28,391
$457.94
$1.822.68
$320.00
$2,600.61
1477 3 30020019
1
Lot T\pc 2
50'
a 690"
0 6800
S28.777
1;129.391
S457 94
$ l .K22.68
$320 00
$2.600 61
1477330020020
1
Lot Type 2
514'
0,68%
0.68%,
$28.777
$28.391
$45T94
$1.822.68
$320 00
$2.600,61
1477330020021
1
Lot T\pe2
50'
0 680"
0 680„
'-28.777
$,28 3111
S457 94
S1.822 68
y320 00
$2.600 61
1477330020022
0
Open
Open
0.00%
0.00%
$0
$0
$0.00
$0.00
$0.00
$0.00
1477330030001
I
Lot "ripe '
S0'
0080.1
a 6811„
y28.777
`;28.3�►1
5457 94
$I.xj2 6x
y320 00
S2.60001
1477330030002
1
Lot Typc 2
50'
0.68%
0.68%
$28,777
$28.391
$457.94
$1,822.68
$320.00
$2,600.61
14773 +01J31)003
0
Open
Open
0 00"„
0 00"„
SO
$0
5,0 00
$0 00
$I) 00
$0 (►1►
1477330040001
1
Lot Tv 2
50'
0.68%
0.68%
$28,777
$28,391
$457.94
$1,822.68
$320.00
$2,000.61
1477330040002
I
Lot 'r\pc 2
50'
0 68"„
068111,
S28.777
$2x. +�)I
$457 94
51.822.bx
5320 00
$2.600 61
1477330040003
1
Lot TNpe 2
50'
0.68%
0.68%
$28.777
$28,391
$457.94
$1.822.68
$320.00
$2,600.61
1477 330040004
1
Lot "r\pc 2
50'
0 680"
0 08"„
$29.777
y28.391
$457 94
S1.822 69
5320 00
S2.600 61
1477330040005
1
Lot T\pc 2
51►'
0 68%
0 68%
$28.777
$28.391
$457 94
$1.822.68
S320 00
$2.600,61
14773 ,0040000
1
Lot T\pc 2
50'
0 68°„
()ONO"
S218.777
9±28.391
$457 94
$1.822 68
S320 00
S2.600 (11
1477330040007
1
Lot Type 2
51),
0.680,o
0.68%
$28.777
$28.391
$45T94
$1.822.68
$320,00
$2.600.61
1477 330040008
1
Lot "r%pc 2
5o'
0 68%
0 68011
S28.777
y29.391
S457 94
$1.822 68
S320 00
S1600 61
1477330040009
1
Lot TNpc 2
50'
0.68%
0.69%
$28.777
$28.391
$457 94
$1,822.68
$320.00
$2.600.61
1477330040010
1
Lot T\pe 2
50'
0 68011
0 68%
-S28.777
$28 ;91
S457 94
S1.822 69
$320 00
S2.600 61
1477330040011
1
Lot Type 2
50'
0.68%
0.68%
$28.777
$28.391
$457.94
$1,822.68
MOM
$2,600.61
1477330040012
1
Lot Type l
55'
0 76"0
0 77"0
S32.31x
S11 LW
S514 30
$2.047 01
5359 3x
$2.920 69
1477330040013
1
Lot Tvpc 2
50,
0.68%
0.68%
$28.777
$28,391
$457,94
$1.822.68
$320.00
$2,600.61
1477 3 30040014
1
Lot T\pc 2
S1Y
06800
06900
S28.777
S28.391
S457 94
$1.822 68
S3 20 00
S2.600 61
1477330040015
1
Lot Type I
55'
0.76%
0.77%
$32.31 x
$31.885
$51430
$2.047.01
$359.38
$2 920 69
147733004001(1
1
Lot T\pc 2
50'
0 i,80"
0 6801,
$28.777
$2x.391
$457 94
$1.822 68
S320 00
M?.600 61
1477330040017
1
Lot Typc 2
50'
0 68°0
0 68%
$28.777
$28.391
S457 94
$1.822 68
$320 00
$2.600 61
1477330040019
1
Lot T\pe 2
50'
0080.)
06801,
528.777
`328.391
S457 94
SL822 69
5320 00
$2.600 61
1477330040019
0
Open
Open
0.00%
0.00010
$0
$0
$0.00
$0.00
$0.00
$0.00
1477330040020
0
Open
Open
0 0001,
0 0004,
$0
$0
SO 00
$0 00
S0 00
S0 00
1477330040021
0
Open
Open
0.00%
0.00%
$0
$0
$0.00
$0.00
$0.00
$0.00
14773300500(11
1
Lot r\pc 1
55'
0 76""
0 77" „
532.31x
$31.885
$514 30
$2.047 01
S359 3x
S-1920 69)
1477330050002
I
Lot Tvpc l
55'
0.76°ia
U 77°a
$32.318
$31,885
$514.30$2.047.01
$35938
$2,920.69
1477330050003
1
Lot T\pc 1
55'
0 7600
0 77"0
532.> 1x
531.885
S514 30
S2.047 01
S359 3x
$2.920 69
1477330050004
I
Lot Txpc I
55'
0.76°0
0 77°0
$32,318
$31,885
$514.30
$2.047.01
$359 38
$2.920.69
14773300(i01►01
I
Lot T\pe 1
55'
0 760"
0 7700
S32_.318
` -11 LW
$514 30
S2.047 01
5359 3K
S_.9)20 69
1477330060002
1
Lot T\pc 1
55'
0.76%
0 77%
$32.318
$31.885
$514,30
$2.047.01
$359 38
$2.920,69
1477330060003
1
Lot T\pc 1
55'
0 76%
0 77"„
$32. 31x
N"1 885
S514 30
$2.047 01
$35') 38
$'_.9)20 69)
1477330060004
1
Lot Type 1
55'
0.76%
0.77%
$32,318
$31.885
$514 30
$2.047,01
$359.38
$2.920.69
1477 3 30060005
I
Lot r\ pc I
55
0 76°„
0 779/0
S3 2.3 1x
S" 1.885
$514 30
S1047 (11
5359 38
'32.920 69)
1477330060006
1
Lot Tvpc 1
55'
0.76%
0.77%
$32.319
$31.885
$514.30
$2.047.01
$359,38
$2.920.69
1477, 30t►00007
1
Lot r\pe 1
55'
0 7600
is 7700
532.31x
$31.Kx5
$514 3tJ
$2.t►47 u1
S359 3x
$2.920 69)
1477330000009
1
Lot Type 1
55'
0.76',o
0.77%
$32..3
$31.885
$51-4.30
$2.047.01
$35938
$2,920.69
14773 io0o0009
I
Lot T\pc 1
55'
0 76""
0 77"0
S32.319
M31.885
S514 30
S2,047 01
5359 3x
S2.920 69
1477330060010
1
Lot Type 1
55'
0.76%
0.77°,,
$32,318
$31,885
$514.30
$2,047.01
$35938
$2,920.69
14773 3006001 I
1
1_01 TN pc 1
55'
0 76"„
0 77110
532.31x
531.885
S514 30
S2.047 01
S359 39
S2.920 69
1477330060012
1
Lot Type 1
55'
0.76%
0.77%
$32.318
$31.885
$514.30
$2.047.01
$359.38
$2.920.69
1477330060013
I
Lot T\pc 1
55'
0 76°°
0 77"„
$32.31x
'+31,48;
$514 30
$2.047 ul
$359 39
$2.920 69
1477330060014
1
Lot T\pc 1
55'
0.76%
0 77%
$32.318
$31.895
$514 30
$2.047.01
$35938
$2,920.69
1477330000015
1
Lot "r\pc 1
55'
0 760„
0 7700
$32.319
S31 885
S514 30
S2.047 01
$359 3x
$2.921J 69►
1477330060016
1
Lot TNpc 1
55'
0.70%
0.77%
$32.318
$31.885
$514.30
$2.047.01
$359.38
$2,920.69
1477'1',0060017
1
Lot T\pc I
55'
1► 76""
1► 77"„
'�32.31x
�31.8x5
'�i 14 30
ti2.1147 IJI
5359 3x
$2.9211 69
1477330060018
1
Lot T\pc 1
55,
0.76%
0.77%
$32.318
$111,885
$514.30
$2,0.47.01
$359.39
$2,920.69
1477 0ut,0019
I
Lot Type I
55'
0 76"0
is 77"„
S32.31x
$31 885
$514 30
$2.047 01
5359 3x
$,'_.�►20 69)
1477330060020
1
Lot Type 2
50,
0 68%
0.68%
$28.777
$28,391
$457 94
$1.822.68
$320.00
$2.600.61
14773,30000021
0
Open
Open
tl 000„
0 00"„
S0
$1►
$0 00
$0 00
S0 00
S0 00
1477330060022
0
Open
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APPENDIX C-2
PHASE #1 PROJECTED ASSESSMENT SCHEDULES
Bay Creek Public Improvement District
Summary of Projected Annual Installments
Phase # 1
Lot Size
.Assessment
50 Ft Lots
$28.391
Cumulative
Year'
Outstanding
Phase #1 R.A.
Phase #1 R.A.
Administrative
Total Annual
Principal
Principa12
Interest'`
Expenses
Installment
2026
$28,391
$458
$1,823
$320
$21,601
2027
$27.933
$478
$1.791
$326
$2.595
2028
$27.454
$499
$1.760
$333
$2.592
2029
$26.955
$526
$1.728
$340
$2.594
2030
$26.429
$554
$1.694
$346
$2.594
2031
$25.875
$581
$1.659
$353
$2.593
2032
$25.294
$615
$1.621
$360
$2.597
2033
$24.679
$642
$1.582
$368
$2.592
2034
$24.037
$677
$1.541
$375
$2.592
2035
$23.360
$718
$1.497
$382
$2.597
2036
$22.642
$752
$1.451
$390
$2.593
2037
$21.891
$800
$1.403
$398
$2.600
2038
$21.091
$841
$1.351
$406
$2.598
2039
$20.250
$889
$1.297
$414
$2.600
2040
$19,362
$936
$1,240
$422
$2.599
2041
$18.425
$991
$1,180
$431
$2.602
2042
$17,434
$1.046
$1,1 17
$439
$2,602
2043
$16,389
$1.107
$1,050
$448
$2.605
2044
$15,281
$1.176
$978
$457
$2,611
2045
$14.106
$1.244
$903
$466
$2.613
2046
$12,862
$1.312
$823
$475
$2,611
2047
$1 1,549
$1.394
$739
$485
$2.618
2048
$10,155
$1.476
$649
$495
$2.620
2049
$8.679
$1.565
$555
$505
$2.624
2050
$7.1 14
$1.654
$454
$515
$2.623
2051
$5.460
$1.757
$348
$525
$2.629
2052
$3.703
$1.866
$235
$535
$2.637
2053
$1.837
$1.837
$1 15
$546
$2.499
Total $28,391 $32,583 $11,856 $72,830
1 - Annual Installments billed by the Goose Creek ISD Tax Office during Year 2026 will be billed on or around 10/1/2026 and payment is due
by 1/31/2027.
2 - The principal and interest amounts are calculated for the Phase # 1 Reimbursement Agreement amount and will not increase during the life
of the Phase # 1 Reimbursement Agreement. Interest amounts are calculated through the principal payment date of each year.
3 - Administrative Expenses are estimated and will be updated each year in the Annual Service Plan Update.
THIS SCHEDULE 1S AN ESTIMATE OF ANNUAL INSTALLMENT PAYMENTS AND 1S SUBJECT TO CHANGE.
THE EXACT AMOUNT OF EACH ANNUAL INSTALLMENT WILL BE REFLECTED IN THE BAY CREEK
PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN, AS THE SAME IS UPDATED EACH
YEAR.
Property Owners may choose to prepay their .Assessment at any time. Effective January 1, 2024, for any single-family
residential parcel prepaying an Assessment, a $500 fee will be included in the total payoff amount to cover processing
and other lien release related filing expenses. If interested in prepaying an Assessment, please contact MuniCap by
telephone at (469) 490-2800 or email at txpidnmunicap.com.
Bay Creek Public Improvement District
Summary of Projected Annual Installments
Phase # 1
Lot Size
Assessment
5 5 Ft Lots
$31.885
Cumulative
Year'
Outstanding
Phase #1 R.A.
Phase #1 R.A.
Administrative
Total Annual
Principal
Principa12
Interest'`
Expenses
Installment
2026
$311,885
$514
$23,047
$359
$25921
2027
$31,371
$537
$2,011
$367
$2,915
2028
$30,833
$560
$1,977
$374
$2,911
2029
$30,273
$591
$1,941
$381
$2,913
2030
$29,682
$622
$1,903
$389
$2,913
2031
$29.060
$652
$1.863
$397
$2.912
2032
$28.408
$691
$1.821
$405
$2.916
2033
$27.717
$722
$1.776
$413
$2.911
2034
$26.995
$760
$1.730
$421
$2.911
2035
$26.235
$806
$1.681
$429
$2.917
2036
$25.429
$844
$1.630
$438
$2.912
2037
$24.585
$898
$1.575
$447
$2.920
2038
$23.687
$944
$1.518
$456
$2.918
2039
$22.743
$998
$1.457
$465
$2.920
2040
$21.745
$1,052
$1.393
$474
$2.919
2041
$20.693
$1.113
$1.326
$484
$2.922
2042
$19.580
$1.174
$1.254
$493
$2.922
2043
$18.406
$1.244
$1.179
$503
$2.925
2044
$17.162
$1,320
$1.099
$513
$2.932
2045
$15,842
$1.397
$1,014
$524
$2,935
2046
$14,445
$1,474
$924
$534
$2,932
2047
$12,971
$1.566
$830
$545
$2,940
2048
$11,405
$1.658
$729
$556
$2,943
2049
$9.747
$1.758
$623
$567
$2.947
2050
$7.989
$1.858
$510
$578
$2.946
2051
$6.131
$1.973
$391
$590
$2,953
2052
$4.159
$2.096
$264
$601
$2,961
2053
$2.063
$2.063
$129
$613
$2.806
Total $31,885 $369594 $13,316 $81,794
1 - Annual Installment billed by the Goose Creek ISD Tax Office during Year 2026 will be billed on or around 10/1/2026 and payment is due
by 1/31/2027.
2 - The principal and interest amounts are calculated for the Phase # 1 Reimbursement Agreement amount and will not increase during the life
of the Phase # 1 Reimbursement Agreement. Interest amounts are calculated through the principal payment date of each year.
3 - Administrative Expenses are estimated and will be updated each year in the Annual Service Plan Update.
THIS SCHEDULE IS AN ESTIMATE OF ANNUAL INSTALLMENT PAYMENTS AND IS SUBJECT TO CHANGE.
THE EXACT AMOUNT OF EACH ANNUAL INSTALLMENT WILL BE REFLECTED IN THE BAY CREEK
PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN, AS THE SAME IS UPDATED EACH
YEAR.
Property Owners may choose to prepay their Assessment at any time. Effective January 1, 2024, for any single-family
residential parcel prepaying an Assessment, a $500 fee will be included in the total payoff amount to cover processing
and other lien release related filing expenses. If interested in prepaying an Assessment, please contact MuniCap by
telephone at (469) 490-2800 or email at txpid(a�municap.com.
APPENDIX D
PID ASSESSMENT NOTICE
PID Assessment Notice
NOTICE OF OBLIGATION TO PAY PUBLIC IMPROVEMENT DISTRICT ASSESSMENT
TO
THE CITY OF BAYTOWN, TEXAS
CONCERNING THE FOLLOWING PROPERTY
[insert property address]
As the purchaser of the real property described above, you are obligated to pay assessments
to the City of Baytown, Texas (the "City"), for the costs of a portion of a public improvement or
services project (the "Authorized Improvements") undertaken for the benefit of the property within
the Bay Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE
ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL
INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE
AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND
DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. The exact amount of
each annual installment will be approved each year by the City Council in the Annual Service Plan
Update for the District. More information about the assessments, including the amounts and due
dates, may be obtained from the City or MuniCap. Inc., the District Administrator for the City,
located at 600 E. John Carpenter Fwy, Suite 150, Irving, Texas 75062 and available by telephone
at (469) 490-2800 or (866) 648-8482 (toll free) and email at tX1-)iL1 61 1111(lI1CL11).CoM.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
Date:
Signature of Seller Signature of Seller
STATE OF TEXAS §
COUNTY OF
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed, in the capacity stated and as the act and deed of the above -referenced entities as
an authorized signatory of said entities.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas
The undersigned purchaser acknowledges receipt of this notice before the effective date of
a binding contract for the purchase of the real property at the address described above.
Date:
Signature of Purchaser Signature of Purchaser
STATE OF TEXAS
COUNTY OF
The foregoing instrument was acknowledged before me by
and , known to me to be the person(s) whose name(s) is/are subscribed to
the foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed, in the capacity stated and as the act and deed of the above -referenced
entities as an authorized signatory of said entities.
Given under my hand and seal of office on this
Notary Public, State of Texas
.20