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Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
Municipal Utility District No. 1
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Municipal Utility District No. 1

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    • 1. March 27, 2014
    • 2. Resolution grants conditional consent to create a Municipal Utility District (MUD) in Brazos County. Conditions include…  City’s approval before issuing bonds  DevelopmentAgreement  Strategic Partnership Agreement  Open meetings / financial transparency requirements
    • 3. Background A MUD is political subdivision of the state authorized to provide infrastructure within a defined area (District) A MUD is a development finance tool that is especially useful in undeveloped areas that lack adequate infrastructure
    • 4. Proposed Development  Total area = 553 acres  1,380 single-family homes  27 acres of commercial development  16 acres of business / technology park  14 acre CSISD learning center  73 acres of detention / greenways  Over five miles of walking trails
    • 5. MUD Consent Application Included…  Petition for consent  Property survey and legal description  List of advisors and key consultants  Engineering report  Market demand analysis  Overlapping tax rate information  Petitioner and developer information
    • 6. MUD Policy Considerations  Plans to annex subject property within the next five years?  Is the proposed MUD located within the ETJ of two or more cities?
    • 7. Comprehensive Plan Considerations  ChapterTwo – Community Character  Chapter Eight – Growth Management & Capacity
    • 8. OverlappingTax Rate County - $0.4875 CSISD - $1.32 BC ESD #1 - $0.0288 Proposed MUD - $1.00 TotalTax Rate - $2.8363
    • 9. Process…  City’s Consent  TCEQ Application and Consent  DevelopmentAgreement  Strategic Partnership Agreement  Utility Agreement  Subdivision Process
    • 10. Recommendation Staff recommends approval of the Resolution granting conditional consent
    • 11. March 27, 2014
    • 12. Benefits…  Able to extend land use authority into the ETJ  Development consistent with Comp Plan  Infrastructure review and inspection  Accommodates future growth  Development without the City’s investment  Water / wastewater revenue  Annexation agreement

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