Title
Ordinance - Public Hearing and First and Final Reading on an Ordinance of the City Council of the City of Mansfield, Texas Approving a Service and Assessment Plan and an Assessment Roll for City of Mansfield Public Improvement District No. 2 ("P.I.D. No. 2"); Levying Special Assessments Against Property within P.I.D. No. 2; Providing for Assessments to be Paid Over a Period of Time in Accordance with the Public Improvement District Assessment Act; Specifying the Method and the Amount of Payment; Providing Penalties and Interest on Delinquent Assessments; Providing for Severability; and Providing an Effective Date
Requested Action
Approval of the Service and Assessment Plan and an Assessment Roll for City of Mansfield Public Improvement District No. 2.
Recommendation
Staff recommends approval.
Description/History
The proposed improvements to this 32.352-acre site include 215 single-family homes, approximately 4.3 acres of open space, and multiple civic spaces throughout the development.
Justification
This project aligns with the principles in the Future Land Use Plan and City Council's priority of establishing complete neighborhoods.
Funding Source
P.I.D. No 2
Prepared By
Matt Jones, Assistant City Manager