Title
Consider and take action on a resolution authorizing an agreement with the City of Friendswood to address changes in their boundaries and other related matters, contingent upon Friendswood City Council also approving the agreement (City Attorney)
Background:
Approval of this item will allow an agreement with the City of Friendswood to address changes in their boundaries and other related matters.
On May 19, 2021, League City and Friendswood entered into an agreement for boundary adjustment between the two cities. As part of the 2021 agreement, both cities agreed that Friendswood would pay League City each year by March 1, an amount equal to fifty percent (50%) of the property taxes from the 26.921 acres of land from the Avalon Development. The first payment was due by March 1, 2022, and the final payment is due by March 1, 2041.
In a nearby but unrelated development, Southbrook Land, Inc. owns property that crosses the boundary of Friendswood and League City, specifically about 130.9043 acres in Friendswood. The remaining developable land of Southbrook Land, Inc. is in League City.
League City and Friendswood have decided that it is not practical for Friendswood to provide services to the property due to its unique layout.
Southbrook Land, Inc. is asking Friendswood to remove the 130.9043 acres of its property from its city limits and will request that League City annex the 130.9043 acres of property into its city limits.
Since Friendswood is giving up 130.9043 acres to League City, it requested that League City relinquish its right to the 50% property taxes of the 26.921 acres from the 2021 Interlocal Agreement.
CONTRACT ORIGINATION: Agreement Approved by the City Attorney's Office
Attachments:
1) Proposed Resolution
2) Exhibit A - Proposed Interlocal Agreement
3) 2021 Interlocal Agreement with Friendswood
FUNDING
{x} NOT APPLICABLE
{ } Funds are available from Account #___________________________
{ } Requires Budget Amendm...
Click here for full text