The City of League City will hold a public hearing on the Public Improvement District No. 2 (Victory Lakes) assessment rate on Dec. 22, 2015 at 6 p.m. in the Council Chambers.
The hearing will be conducted to receive public input regarding a proposed amendment to the PID No. 2 assessment ordinance.
An ordinance to reduce the assessment rate from $2.40 to $1.27 was approved during the Nov. 24 City Council meeting. However, an error was found in the detailed assessment roll and Council will consider and approve an amendment to correct the roll during the City Council meeting set for Dec. 22.
This amendment corrects the number of annual payments remaining per account which slightly modifies the annual payment due, but does not change the total assessment due and the assessment rate.
Additional details regarding the public hearing are available in the Council agenda packet posted at: http://bit.ly/1QwN6Eh. The public notice is also posted at www.leaguecity.com/DocumentCenter/View/13407.