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HomeMy WebLinkAbout028117 RES - 04/14/2009Page 1 of 4 RESOLUTION SUPPORTING LEGISLATION TO CREATE A PADRE ISLAND GATEWAY MUNICIPAL MANAGEMENT DISTRICT WHEREAS, municipal management districts promote, develop, encourage and maintain employment, commerce, transportation, housing, tourism, recreation, arts, economic development, safety and public welfare within a defined area and provide a means of funding public infrastructure and enhanced supplemental services to the area; WHEREAS, municipal management districts provide complimentary and supplemental services, but do not replace services provided by municipality; WHEREAS, municipal management districts may levy taxes and impose assessments under its approved service plan; WHEREAS, the assessments of municipal management districts must be requested by petition of affected property owners; WHEREAS, the real property taxes of municipal management districts must be approved by a majority of eligible voters in District; WHEREAS, municipal management districts may issue bonds when authorized by State statute and authorized by its local governing municipality; WHEREAS, a municipal management district's bond debt must be solely supported by the district's real property taxes or assessments; WHEREAS, a municipal management district's bond debt is not City debt and does not impact City bonding capacity; WHEREAS, a municipal management district's initial board of directors are appointed by creating legislation, but new appointments and reappointments are made by the City Council; WHEREAS, the municipal management district will not have the power of eminent domain; WHEREAS, the municipal management district may be dissolved by the City Council; WHEREAS, Golden Pointe, LLC, which is the owner of a 45.856 -acre tract of land on Padre Island located on the north side of South Padre Island Drive at its intersection with Aquarius Drive, has requested that the Texas Legislature create the Padre Island Gateway Municipal Management District; WHEREAS, Golden Pointe, LLC, has requested that the City support legislation to create the Padre Island Gateway Municipal Management District; and PIGMMD Resolution 04082009rev1 028117 2 WHEREAS, the creation of a municipal management district upon the property owned by Golden Pointe, LLC, could enhance the economic development of Padre and Mustang Islands, and could help the City address some infrastructure needs in that area on Padre Island; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City of Corpus Christi supports legislation creating the Padre Island Gateway Municipal Management District, provided that the legislation: a. Requires the City and the district to enter into a project development agreement covering the taxes and assessment that may be levied, the projects that may be undertaken, and any financing that may be incurred.. b. Prohibits the district from undertaking or financing any program or project, unless the program or project is specifically addressed in the project development agreement. c. Provides that only the district is liable for any bonds or other financial securities issued by the district, and ensures that neither the City is not liable on the bonds or other financial securities. d. Recognizes that all activities and actions within the district must comply with all City ordinances and requirements, including any required permits. e. Ensures that any funds raised by assessments, ad valorem taxes, or impact fees may only be used for public purposes or to fund public infrastructure. f. Ensures that the district may not act as the agent or instrumentality of any private interest. g. Provides that the City Council appoints any replacement directors. h. Ensures that the actions of the district or its board of directors may not create any liability against the City or any other political subdivision. i. Ensures that the City is authorized to dissolve the district. SECTION 2. The City Manager is authorized to support any legislation that addresses the issues identified in this resolution that does not reduce or limit the City's authority and powers. ATTEST: Page 3 of 4 THE CITY OF CORPUS CHRISTI Armando Chapa Hhnry Gatrett City Secretary Mayor APPROVED: 8th day of April, 2009. R. Ja, ' ein g Firs Assi- ant City For City Attorney orney PIGMMD Resolution 04082009rev1 , 2009 The above resolution was passed by the following vote: Henry Garrett Melody Cooper Larry Elizondo, Sr. Mike Hummell Bill Kelly Priscilla G. Leal John E. Marez Nelda Martinez Michael McCutchon v .� , 1 A'hanf VVD 028117 4