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CC Resolution No. 2762 RESOLUTION NO. 2762 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, ACCEPTING A PETITION FOR THE ESTABLISHMENT OF THE BAYVIEW HEIGHTS PUBLIC IMPROVEMENT DISTRICT; SETTING A PUBLIC HEARING ON THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT WITHIN THE CITY OF BAYTOWN; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, the City Council (the "City Council") of the City of Baytown,Texas (the "City") has received a petition (the "Petition") requesting creation of a public improvement district (the "PID") under Chapter 372 of the Texas Local Government Code (the "Act"), from the record owners of taxable real property representing more than fifty percent ("50%") of the appraised value of the real property liable for assessment in the proposed PiD and the record owners of taxable real property that constitute more than 50% of all of the area of all taxable real property that is liable for assessment in the proposed PID; and WHEREAS, the Petition, a copy of which is attached hereto as Exhibit "A," has been examined, verified, and found to meet the requirements of Sections 372.005(a) and 372.005(b) of the Act and to be sufficient for consideration by the City Council; and WHEREAS, the boundaries of the proposed PID are described in the exhibit to the Petition, said area for the PID being within the City; and WHEREAS, the City Council desires to accept the Petition and to schedule a public hearing to consider the creation of the PID to finance the following public improvements (collectively, the "Authorized Improvements"): (i) street and roadway improvements, including related sidewalks, drainage, utility relocation, signalization, landscaping, lighting, signage, off-street parking and right-of-way; (ii) establishment or improvement of parks and open space, together with the design, construction and maintenance of any ancillary structures, features or amenities such as trails, playgrounds, walkways, lighting and any similar items located therein; (iii) sidewalks and landscaping, including entry monuments and features, fountains, lighting and signage; (iv) acquisition, construction and improvement of water, wastewater and drainage improvements and facilities; (v) projects similar to those listed in subsections (i) - (iv) above authorized by the Act, including similar off-site projects that provide a benefit to the property within the District; (vi) payment of costs associated with operating and maintaining the public improvements listed in subparagraphs(i)-(v)above;and(vii)payment of costs associated with developing and financing the public improvements listed in subparagraphs (i) - (v) above, and costs of establishing, administering and operating the District; and WHEREAS, the City Council believes that these Authorized Improvements shall promote the interests of the City and confer a special benefit upon the Property; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the findings set forth in the recitals of this resolution are found to be true and correct. Section 2: That the City Council hereby accepts the Petition, which is attached hereto as Exhibit "A" and incorporated herein for all intents and purposes. Section 3: That a public hearing is hereby scheduled at 6:30 p.m. on December 9, 2021, in the City Council Chamber at Baytown City Hall, 2401 Market Street, Baytown, Texas 77520 to receive public comment on the creation of the PID in the area described in Exhibit A to the Petition, pursuant to the Act. Section 4: That notice of said hearing, in the substantially final form set forth in Exhibit "B" attached hereto, with such changes as may be approved by the City's counsel, shall be published in a newspaper of general circulation in the City and in a newspaper of general circulation in the City before the 15" day prior to the hearing as required by the Act. Section 5: That written notice, in the substantially final form set forth in Exhibit"B" attached hereto with such changes as may be approved by the City's counsel,shall be mailed to each property owner, as reflected on the tax rolls, of property subject to assessment within the PID, before the 151h day prior to the date set for the hearing. Section 6: That all of the above recitals are hereby found to be true and correct factual determinations of the City and are hereby approved and incorporated by reference as though fully set forth herein. Section 7: That if any portion of this resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof, and the City Council hereby determines that it would have adopted this resolution without the invalid provision; and Section 8: This resolution shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown this the 15°'day of November,2021. BRANDON CAPE ILLQ ayor ATTEST: � C A ANGELA JACKSON, City Cl k m '; 9 A APPROVED AS TO FORM: ' ' =' KAREN L. HORNER, City Attorney 2 i Exhibit "A" PETITION FOR i f fl: CREATION OF A PUBLIC: IMPROVE:t\,•IENT DISTRICT 1 TH-1IN 'ITH: Cfl'Y OF BAY DOWN.TEXAS FOR-fHE BAYVIBV I II IGI ITS Pl_1131.IC I%MPROVE.MENT DiSTRICT This petition ("Petition") is submitted and tiled with the City Clerk of the City of'Baytown. Texas ("City"). by Ishmael Martinez. an individual. owner of' a majority of the real property (the "Petitioner") located within the proposed boundaries ofthe District. as hereinafter derined. Acting pursuant to the provisions of Chapter 372. Texas Local Government Code. as amended (the "Act"). the Petitioner requests that the Cite create a public improvement district (the "District"). to include property located within the City limits of the City (the "Property"). more particularly described by a tlletes and bounds description in Exhibit A and depicted In Exhibit B. Ill support of this Petition. the Petitioner would present the following: Section 1. General_Nature of_the ALIthurized Imprrovements. The general nature of the proposed public improvements(collectively, the "Authorized Improvements") may include: (i) street and roadway improvements, including related sidewalks, drainage. utility relocation. signalization, landscaping, lighting. signage. off-street parking and right-of=way: (ii)establishment or improvement of parks and open space, together with the design, construction and maintenance of any ancillary structures. IeatUres or amenities such as trails. playgrounds, walkways, lighting and any similar items located therein. (iii) sidewalks and landscaping, including entry monuments and features. fountains. lighting and signage: (iv) acquisition. construction. and improvement of water, wastewyater and drainage improvements and facilities: (v) projects similar to those listed in subsections(i) -(iv) above authorized by the Act. including similar off-site projects that provide a benefit to the property %�ithin the District: (vi) payment of costs associated with operating and maintaining the public improvements listed Ill Subparagraphs (i) - (v) above: and (vii) payment of costs associated \yith developing and financing the public improvements listed in subparagraphs (i)-(v)above,and costs OreS1ab11Shlllg,administering and operating the District.These Authorized Improvements shall pronlote the interests ofthe City and confer a special benefit upon the Property. Section ?. Estimated of the A Lid lorized I_mprovenlents. The estimated cost to design, acquire, and construct the Authorized improvements, together with bond issuance costs. eligible legal and financial fees, eligible credit enhancement costs and eligible costs incurred in the establishment, administration. and operation of the District is ` 20.000.000.00. The City will pay none of the costs of the proposed improvements from funds other than such assessments. The remaining costs of the proposed improvements will be paid from sources other than the City or assessments of property owners. r Section 3. Boundaries of the i'rop_used_ District. The District is proposed to include the Property as shown in Attachment A. Section 4. Proposed Method of Assessment. file City shall levy assessments on each parcel within the District in a manner that results ill imposing equal shares of the costs oil property similarly benefited. Ill compliance with the Act. All assessments may be paid in till at ally time (including interest and principal). and certain assessments may be paid in annual installments including interest and principal). Iran assessment is allowed to be paid in installments. then the installments must be paid in amounts necessary to meet Mlnual costs for those ALIthorized Improvements financed by the assessment and nlllS1 continue for a period necessary to retire the indebtedness of those Authorized improvements(including interest). Section 5.Proposed ApportionniClit of Costs heMeell the; District and the Cit\. Fhe Cite will not be obligated to provide any Funds to finance the Authorized Improvements. Other than from assessments levied on the District. and possible tat increment reinvestment zone revenue. No municipal property in the public improvement district shall be assessed. The Petitioner play also pay certain costs of the improvements from other hinds available to the Petitioner. Section 6.Plana gernent of'the District. The Petitioner proposes that the District be managed by the City. with the assistance of a consultant. who shall. from time to time. advise the City regarding certain operations ofthe District. Section 7.The Petitioner Rt quests Establishment of tile District. The person signing this Petition requests the establishment of' the District. is duly authorized. and has the corporate authority to execute and deliver the Petition. Section g.Advisory Board. The Petitioner proposes that the District be established and managed Without the creation of an advisory board. If an advisory board is created. the Petitioner requests that a representative of the Petitioner be appointed to the advisory board. Section 9. L.andowner(s). This Petition has been signed by (i ) the owners of taxable real property representing more than 50 percent of the appraised value of taxable real property liable for assessment under the proposal. as determined by the current roll of the appraisal district in which the property is located: and (2) record owners of real property iiable for assessment under the proposal who: (A)constitute more than 50 percent oral record owners ofproperty that is liable for assessment under the proposal: or (R) own taxable real property that constitutes more than 50 percent of the area of all taxable real property that is liable for assessment under the proposal. l`his Petition is hereby filed with the City Clerk ofthe City. or other officer periurming the functions ofthe Citv Clerk. in support ufthe creation ofthe District by the City C'UunclI ofthe City as herein provided.yThe undersigned request that the City Council ofthe City Call a public herrin;- on the advisability of the Authorized Improvements. give notice thereof as provided by law and urant all matters requested in this Petition. RF.SPF.CTFULL.Y SUMMlTTFI). on this day of, . 20 (Slgnattlre Pa0es oil the Next Page] Printed Name: ignat re::� Address of Proper y(I_n PID: C Baytown,TX,7752� HCAD/CCAO N: o ' O Property Description:• U 0 1 N Date of Acquired Property:J_/�Appraised Value: cress STATE OF TEXAS II 4 COUNTYOF Ys�A—�— § Before �ry�, the undersigned notary public, on this day personally appeared =9anr7_eQ 1T IQ.! :Ikrer known to me to be the person whose name is subscribed to the foregoing instrument and ackh6wiedged to me that he/she executed the same for the purposes and consideration therein expressed. SUBSCRIBED AND SWO h b or I 13dayof 20. �eCYP.ea�,,ir1ARY ANNETTE OSBURN �I _Notary Public,style of Texas Notary Pub Ic In and forth ate of Texas Comm.Expires 12.04.2021 s Printed Name,- Signatur : Address of Prope I PID: ail f Baytown,TX,7752� HCAD/CLAD g: 011.0 1" Property Description:. 11 L Date of Acquired Property:J_/�Appraised Value: Acres: STATE OF TEXAS 4 COUNTY OF 4 Z Before th undersigned notary public, on this day personally appeared T _n Ad� known to me to be the person whose name Is subscribed to the foregoing instrument and acknos4fedged to me that he/she executed the same for the purposes and consideration therein expressed. �� SUBSL ;i�x PUB•,, MARY hNNETTE OSB� day of z°• LoY Notory Public,State of Texas lu �;�eii.c ;/Iy,• Comm.Expires 12.04.2021 Note Public and for the State of Texas °°„u.. Printed Name: Signature: i Address of Property In PID: Baytown,TX,7752� HCAD/CCAD N: I Property Description: Date of Acquired Property: Appraised Value: Acres: STATE OF TEXAS It COUNTY OF 4 3 Before me, the undersigned notary public, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. SUBSCRIBED AND SWORN before me this_day of ,2020. Notary Public In and for the State of Texas EXHIBIT A ' Metes and Bounds a i t f t t i THE GEORGE KAHLE GROUP APPRAISERS/CONSULTANTS/LITIGATION SUPPORT 1301 REGENTS PARK,SUITE 201 HOUSTON,TEXAS 77058 OFFICE(281)286-1580/FAX(281)286.0972 Ceoga P.(Jrfj)Kahle,Preridou Limited Scope I Restricted Use Appraisal Intended User: Pastor Ismael Martinez. This Appraisal is prepared under USPAP guidelines for a Limited Scope/Restricted Use Appraisal,(Restrfded Use)restricts the utilization of this report to The heroin named (lelexJed Uw)smd no other parties. Use of this report by my third parties is not authorized. Intended Use of this Report: Loan Decision Process. Identity of the Real Estate Involved: 63.64 acres located on the west line of North Main Street,situated in the Williml C.and Charles Boswell Survey,Abstract 1562, Hams County,Texas. i CAD Owner of Record: Iglesia Cristo Viene of Baytown,Inc. History of Property: i Current Listing Information: None. Pending Sale: None. Prior Sales: None in past five years per The HCAD. Assignment Agreement: Pennission for a Restricted Report Format- Verbal--Pastor Ismael Marlinez. Hypolhetieat Conditions: Assume utility availability from the adjaccni City of Baytown. Statentent of Contingent and Limiting Conditions: t. The Appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The Appraiser assumes that the title is good and marketable and,therefore. will not render arty opinions about the title. The property is appraised on the basis of It being under responsible ownership. 2. If the Appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch Is included only to assist the reader of the report In visualizing the property and understanding the Appraiser's determination of It's size. 3. The Appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency(or other data sources)and has noted in the appraisal report whether the subject site is located In an identified Special Flood Hazard Area. Because the Appraiser is not a surveyor. he of she makes no guarantees.express or Implied,regarding this determination. 4. The Appraiser will not give testimony or appear In court because he or she made an appraisal of the property In question,unless specific arrangements to do so have boon made beforehand. 5. The Appraiser has estimated the value of the land in the cost approach at Its highest and best use and the Improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. S. The Appraiser has noted in the appraisal report any adverse conditions(such as.needed repairs,depreciation,the presence of hazardous wastes,toxic substances,etc.)observed during the inspection of the subject property or that he or she became aware of during the nomtal research Involved in performing the appraisal. Unless otherwise slated In the appraisal report,the Appraiser has no knowledge of any hidden or un.apparent conditions of the property or adverse environmental conditions(Including the presence of hazardous wastes.toxic substances.etc.)that would make the properly more or less valuable. and has assumed that there are no such conditions and makes no guarantees or warranties,express or implied,regarding the condillon of the property The Appraiser wits not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the Appraiser is not an expert In the field of environmental hazards.the appraisal report must not be considered as an environmental assessment of the property. 7. The Appraiser obtained the information,estimates.and opinions that wore expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The Appraiser does not assume responsibility for the accuracy of such Items that were furnished by other persons. 8. The Appralser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The Appraiser has based his or her appraisal report and valuation conclusion for an appraisal that Is subject to satisfactory completion,repairs,or alterations on the assumption that completion of the Improvements will be performed in a workmanlike manner. 10. The Appraiser mull provide his or her prior written consent before the tondor/client spocified in the appraisal report can distribute the appraisal report(including conclusions about the property value.the Appraisers Identity and professional designations,and references to any professional appraisal organizations or the firth with which the Appraiser is associated)to anyone other than the borrower,the mortgagee or it's successors and assigns:the mortgage insurer;consultants;professional appraisal organizations:any state or federally approved Mancial Institution;or any department,agency,or instrumentality of the United Slates or any stale or the District of Columbia;except that the lendedclienl may distribute the property description section of the report only to data collection or reposing service(s)without having to obtain the Appraiser's prior written consent. The Appraisers written consent and approval must 1 I I Statement of Appraiser's Certification: The statements of foci contained In this report are true and correct. The reported analyses,opinions,and conclusions are limited only by the reported assumptions and limiting conditions,and are my personal,unbiased professional analyses,opinions and conclusions. I have no(or the spocirced)present prospective interest in the properly that is the subject of this report.and I have no(or the specified)personal interest or bias with respect to Ehe parties involved. I have no Was with respect to the property that is the subject of this report or to the parties involved with this assignment. My engagement in this assignment was not contingent upon developing or reporting predetermined results My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client,the amount of the value opinion, the attainment of a stipulated result,or the occurrence of a subsequent event directly related to the intended use of this appraisal. My analyses,opinions and conclusions were developed,and this report has been prepared in conformity with the Uniform Standards of Professional Appraisal Practice, I X_have or have not made a personal inspection of the property that is the subject of this report. No one provided signiflicani real property appraisal assistance to the person signing this certification. This appraisal report sets forth all of the limiting conditions(imposed by the terms of my assignment or by the undersigned)affecting the analyses,opinions,and conclusions contained in this report. In arriving at the analyses,conclusions and opinions concoming real estate contained in this appraisal report.I consulted with various,Real Estate Brokers,Agents,Appraisers and building contractors and hereby acknowledge the professional contribution to the analyses.conclusions.and opinions conceming real estate set forth in this report. The Subject Property is effectively vacant land with over 880 feet of frontage on the%vest line of North Main Street with also frontage along residential and institutional developments cast of Garth Road. The Subject Property is located just outside the city limits of Baytown,Texas. There is not water and sewer on the Subject Property at this time but the Subject Property Tract's west border is adjacent to the City of Baytown. All major tracts surrounding the Subject Property that have been developed have been annexed into the City of Baytown and have been provided public water and sewer. The Subject Property is outside the 100-year flood plain per FEMA Map 48201 C0765L.dated June 9,2007. S AMANDA f f 1 i P 1 �t i i DESCRIPTION OF A TRACT OF LAND CONTAINING 63.6399-ACRES(1,772,155 SQUARE FEET)SITUATED IN THE,WM C.AND CHAS.BOSWELL SURVEY,A-1562 LOCATED iN HARRIS COUNTY,TEXAS Sting a tract of land containing 63.6399-acres(2,772,155 square feet)described as being out of a 63.6342-acre tract.more or less save as conveyed unto Iglesia Cristo Vien of Baytown,Inc as recorded in H.C.C.F.No.20060075104 save and except a 0.405-acre tract as conveyed and described iu a corrected judgement award conveying said tract unto Harris County,Texas in Clerk's File No.H790215 O.P.R.R.P.H.C. situated in the WM.C.and Chas.Boswell Survey,A-1562 in Harris County,Texas.Said 63.6399-acre tract being more panicularly described by metes and bounds as follows- BEGINNING at a 1/2-inch iron rod set coincident with the West right-of-way line of North Main Street and from which the described intersection of the North right-of--way line of Archer Road and the West right-of-way line of said North Main:Street bears South 01°03'57"West,a distance of 3,589.06 and for the Southeast comer of said tract herein described and for the Northeast comer of a described 26.6977-acre tract of land as described In File No.G 129965 D.R.H.C.; THENCE South 801 23'44" West coincident with the North llne of said 26.9977-acre tract,a distance of 2.944.22 feet to a 3/4-inch iron pipc found for the Northwest comer of said 26.9977-acre tract and for a point in the East line of a 5 acre tract as conveyed unto Norman and Barbara Perkins in Filc No.E4172170.P.R.R.P.H.C.and for the Southernmost Southwest comer ofsaid tract herein described; THENCE North 09°32'33"West coincident with the East line of said Perkins tract,a distance of 363.40 feet to a point for the Northeast cornet of said Perkins Tract and for au interior comer ofsaid tract herein described from which a 3/4-inch iron pipe found bears North 18°51'10"East West,a distance of 1.42 feet; THENCE South 790 35'22"West coincident with rite North line of said Perkins Tract,a distance of 300.28 feet to a 3/4-inch von pipe found for the Northwest comer of said tract herein described ad for a point in the East lire of a 4.515-acre as conveyed unto Universal properties L.L.C.in File No. 8208561 O.P.R.11T.H.C. and for the Westemmost Southwest comer of said tract herein described; TI-IENCF North 09°58'43"West coincident with,said Cast line,a distance of 509.33 feet to a 1-inch by I-inch square iron tube found for the Northwest comer of said tract herein described; THENCE North 80°27'36"East,a distance of 2,949.88 feet to 2—inch iron pipe found for an angle comer on the North iutc of said tract herein described; THENCE North 790 50'29"East,a distance of 452.43 feet to I-inch by I-inch square iron rod found for the Northeast corner of said tract herein described and for point coincident with the carving right- of-way litre of said North Main Street; THENCE in a Southeasterly direction,coincident with said curve to die right whose central angle is 01°39'5 1"and whose radius is 2,807.02 feet(chord bears South 000 15'29"East,a distance of 81.53 feet).fora curve length of 81.53 feet to a 5/8-inch iron rod found for a point of tangency of said curve to the right; THENCE South 00"34'20"West coincident with said West right-of-way line,a distance of 801.72 feet to the POINT'OF BEG MING,containing in all 63.6399-acre(2,772.155 square feet)of land, more or less. Job a 12.149.07 .lanuar) 22.2008 823" (9'tP., s v°E oQ a v EXHIBIT "B" NOTICE OF PUBLIC HEARING OF THE CITY OF BAYTOWN, TEXAS, TO CONSIDER THE ADVISABILITY OF THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT TO MAKE CERTAIN IMPROVEMENTS OVER CERTAIN PROPERTY LOCATED WITHIN THE CITY. NOTICE IS HEREBY GIVEN THAT the City Council (the "City Council") of the City of Baytown, Texas (the "City"), pursuant to Chapter 372 of the Texas Local Government Code, as amended (the "Act"), will hold a public hearing at 6:30 p.m. on December 9, 2021, in the City Council Chamber at Baytown City Hall, 2401 Market Street, Baytown, Texas 77520 for the purpose of considering the establishment by the City of a public improvement district to be located within the extraterritorial jurisdiction of the City. In accordance with the Act, the City Council has received a petition (the "Petition") from certain property owners within the extraterritorial jurisdiction of the City (the "Petitioners"), that requests the establishment of a public improvement district(the"PID"). The Petition and the legal description of the property to be included in the PID are on file and open for public inspection in the office of the City Clerk at 2401 Market Street, Baytown, Texas 77520. The public hearing is being held with respect to the advisability of creating the PID and the improvements to be made therein. GENERAL NATURE OF THE AUTHORIZED IMPROVEMENTS: The general nature of the proposed public improvements(collectively,the"Authorized Improvements"): (i)street and roadway improvements, including related sidewalks, drainage, utility relocation, signalization, landscaping, lighting, signage, off-street parking and right-of-way; (ii) establishment or improvement of parks and open space, together with the design, construction and maintenance of any ancillary structures, features or amenities such as trails, playgrounds, walkways, lighting and any similar items located therein; (iii)sidewalks and landscaping, including entry monuments and features, fountains, lighting and signage; (iv)acquisition, construction and improvement of water, wastewater and drainage improvements and facilities; (v) projects similar to those listed in subsections(i) - (iv)above authorized by the Act, including similar off-site projects that provide a benefit to the property within the District; (vi) payment of costs associated with operating and maintaining the public improvements listed in subparagraphs (i) - (v) above; and (vii) payment of costs associated with developing and financing the public improvements listed in subparagraphs (i) - (v) above, and costs of establishing, administering and operating the District. These Authorized Improvements shall promote the interests of the City and confer a special benefit upon the Property. ESTIMATED COST OF THE AUTHORIZED IMPROVEMENTS: The estimated cost to design, acquire and construct the Authorized Improvements, together with bond issuance costs, eligible legal and financial fees, eligible credit enhancement costs and eligible costs incurred in the establishment, administration and operation of the PID is $20,000,000 plus the annual cost of operation and maintenance, if any. The City will pay no costs of the Authorized Improvements or operation and maintenance costs from funds other than assessments levied on property within the Exhibit"B," Page 1 PID. The remaining costs of the proposed improvements will be paid from sources other than those described above. PROPOSED METHOD OF ASSESSMENT: The City shall levy assessments on each parcel within the PID in a manner that results in the imposition of an equal share of the costs of the Authorized Improvements on property similarly benefitted by such Authorized Improvements. The proposed method of assessment shall be based upon (i) an equal apportionment per lot, per front foot, or per square foot of property benefiting from the Authorized Improvements, as determined by the City, (ii) the ad valorem taxable value of the property benefiting from the Authorized Improvements, with or without regard to improvements on the property, or(iii) in any manner that results in imposing equal shares of the cost on property similarly benefitted. PROPOSED APPORTIONMENT OF COSTS BETWEEN THE CITY AND THE PID: The City will not be obligated to provide any funds to finance the Authorized Improvements. All of the costs of the Authorized Improvements will be paid from assessments levied on properties in the PID and from other sources of funds available to the Petitioners. BOUNDARIES OF THE PROPOSED PID: Approximately 63.615 acres of land within the City of Baytown, Harris County, Texas. Said property being generally located 397 feet north of the Hunt Road and N. Main St. intersection, and is APPROXIMATELY 2,010 FT south of the I-10 East frontage road and N. Main St. intersection, and is APPROXIMATELY 2,050 FT east of the Hunt Road and Garth Road intersection, and is located on the west side of N. Main Street. A metes and bounds description is available for inspection at the offices of the City Clerk at the location described above. All interested persons are invited to attend such public hearing to express their views with respect to the establishment of the PID and the Authorized Improvements to be made therein. This Notice of Public Hearing is given and the public hearing is being held pursuant to the requirements of the Act. THE CITY OF BAYTOWN, TEXAS Exhibit"B," Page 2