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Res 2017-139/Whisper finance agreement
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Res 2017-139/Whisper finance agreement
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10/11/2017 9:23:13 AM
Creation date
9/12/2017 1:32:55 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-139
Date
9/5/2017
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Section VIII <br />MISCELLANEOUS PROVISIONS <br />A. Administrative Review <br />The City may elect to designate a third party to serve as Administrator of the PID. The City <br />shall notify the Landowners in writing upon appointing a third party Administrator. <br />To the extent consistent with the PID Act, if an owner of Assessed Property claims that a <br />calculation error has been made in the Assessment Roll, including the calculation of the <br />Annual Installment, that owner must send a written notice describing the error to the <br />Administrator no later than thirty (30) days after the date the invoice or other bill for the <br />Annual Installment is received. If the owner fails to give such notice, such owners shall be <br />deemed to have accepted the calculation of the Assessment Roll (including the Annual <br />Installments) and to have waived any objection to the calculation. The Administrator shall <br />promptly review the notice, and if necessary, meet with the Assessed Property owner, <br />consider written and oral evidence regarding the alleged error and decide whether, in fact, <br />such a calculation error occurred. <br />If the Administrator determines that a calculation error has been made and the Assessment <br />Roll should be modified or changed in favor of the Assessed Property owner, such change <br />or modification shall be presented to the City for approval, to the extent permitted by the <br />PID Act. A cash refund may not be made for any amount previously paid by the Assessed <br />Property owner (except for the final year during which the Annual Assessment shall be <br />collected), but an adjustment may be made in the amount of the Annual Installment to be <br />paid in the following year. The decision of the Administrator regarding a calculation error <br />relating to the Assessment Roll may be appealed to City Council for determination. Any <br />amendments made to the Assessment Roll pursuant to calculation errors shall be made <br />pursuant to the PID Act. <br />B. Termination of Assessments <br />Each Special Assessment shall terminate on the date the Special Assessment is paid in full, <br />including payment of any unpaid Annual Installments and Delinquent Collection Costs, if <br />any. After the termination of the Special Assessment, and the collection of any delinquent <br />Annual Installments and Delinquent Collection Costs, the City shall provide the owner of <br />the affected Parcel a recordable "Notice of the PID Assessment Termination." <br />C. Amendments <br />Amendments to this SAP can be made as permitted or required by the PID Act and under <br />Texas law. <br />26 <br />
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