HomeMy WebLinkAbout10/18/2021 - Report: Order Levying Taxes - Rock Prairie Management District No. 2ORDER LEVYING TAXES
WHEREAS, Rock Prairie Management District No. 2 (the "District") has heretofore
issued bonds, payable in whole or in part from taxes, for the purposes of financing road facilities
("Road Bonds"), and certain of such bonds remain outstanding and unpaid; and
WHEREAS, the order authorizing the issuance of such bonds authorizes a levy of an ad
valorem tax for the purpose of providing interest and principal payments on such bonds, while
any part of said principal or interest remains outstanding and unpaid; and
WHEREAS, the District is authorized to levy a maintenance tax not to exceed $1.00 per
each $100 of assessed valuation within the District in order to pay operation, maintenance and
administrative expenses, including those related to recreational facilities in accordance with
applicable law; and
WHEREAS, it is necessary for the Board of Directors of the District to fix a specific rate
of tax to be levied for the tax year 2021, based on the District's tax rolls for 2021, which have
been prepared and certified by the Brazos Central Appraisal District. Now, Therefore;
BE IT ORDERED BY THE BOARD OF DIRECTORS OF ROCK PRAIRIE
MANAGEMENT DISTRICT NO. 2 THAT:
Section 1: There is hereby levied an ad valorem tax of $0.33 on each $100 of assessed
valuation of taxable property within the District, for the tax year 2021, for the purpose of
providing interest and principal payments on the District's bonds.
Section 2: There is hereby levied an ad valorem maintenance tax of $0.17 on each $100
of assessed valuation of taxable property within the District for the tax year 2021, for the purpose
of providing funds for the payment of operation, maintenance and administrative expenses of the
District and other purposes as allowed by law.
Section 3: The District's tax assessor-collector is hereby authorized to collect the taxes of
the District.
Section 4:: The taxes levied hereby shall become due and payable upon the receipt of the
tax bill unless otherwise specifically provided by law and shall be paid on or before the 3 lst day
of January, 2022. All taxes not paid before February 1, 2022, shall become delinquent on that
date, and there shall be added thereto such penalties, interest, court costs, expenses of foreclosure
sales, attorneys' fees and other expenses as are provided by law.
Section 5: The District's tax assessor collector and bookkeeper are hereby directed to
deposit, from time to time, as collected, 100% of the taxes levied pursuant to Section I hereof,
and any related penalties and interest thereon and collection expenses recovered in respect
thereof, to the credit of that certain Bond Fund Road Bond Account within the Bond Fund, as
defined in and created pursuant to the order authorizing the issuance of the Road Bonds.
499236-7
PASSED AND ADOPTED this the 18th day of October, 2021.
ATTEST:
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499236-7
President, Board of Directors
December 2, 2021
VIA E-MAIL
AND CERTIFIED MAIL; RETURN RECEIPT REQUESTED
Certified Mail No. 7019 0700 0001 0234 7584
Mr. Bryan Woods (bwoods(a),cstx .gov)
City Manager
City of College Station, Texas
1101 Texas Avenue
College Station, Texas 77842
Ms. Tanya D. Smith (tdsmith@cstx.gov)
City Secretary
City of College Station, Texas
1101 Texas Avenue
College Station, Texas 77842
Re: Rock Prairie Management District No. 2; Order Levying Taxes
Dear Mr. Woods and Ms. Smith:
We are the attorneys for Rock Prairie Management District No. 2 (the 11 District") and
have been instructed by its Board of Directors (the "Board'') to direct this correspondence to your
attention. As you know, the City of College Station, Texas (the "City 11
) consented to the creation
of the District in City Council Resolution No. 07-09-15-02 (the 11 Resolution11
). Pursuant to
Section 7 (b) of the Resolution, the District shall send a copy of the order or other action setting
an ad valorem tax rate to the City Secretary and the City Manager. In accordance with said
requirement, enclosed please find a copy of the District's Order Levying Taxes for the 2021 tax
year , adopted by the Board of Directors of the District on October 18, 2021.
1300 POST OAK BOULEVARD, SUITE 2400 • HOUSTON, TX 77056
0 : 713 .623 .4531 ,, F: 713 .623.6143
Mr. Bryan Woods
Ms. Tanya Smith
December 2, 2021
Page 2
Should you have any questions or concerns, please do not hesitate to contact me at (713)
623-4531.
Enclosure
cc: Mr. Avik Bonnerjee (via e-mail)
B&A Municipal Tax Service, LLC
Ms. Carla A. Robinson (via e-mail)
City Attorney
City of College Station, Texas
Board of Directors (via e-mail)
Very truly yours,
SCHWARTZ, PAGE & HARDING, L.L.P.
By: ~-!Wv(}Jk
Cmistina J. Cole
Attorneys for the District
Rock Prairie Management District No. 2
482069