Join us on Saturday, May 24th at 10am at the Pool Pavilion where we will meet with the Mayor of Lago Vista and City Councilman Shane Saum to discuss the City's ownership of our amenities while continuing to hold Lakeside at Tessera homeowners financially responsible for all costs.
Link: Meeting Information and Agenda
The Lakeside at Tessera PID was established by the developer and the City of Lago Vista. Proceeds of the bond funds were used to build our streets, water/sewer infrastructure, and the "HOA Amenities" - the pool, pavilion, playground, restrooms, showers, trails, etc.
Lakeside at Tessera homeowners are paying back those bonds via annual assessments on their property tax bill. Those homeowners also pay the monthly dues that cover the cost to operate, maintain, staff and insure those facililties. This amounts to several thousand dollars a year for each Lakeside at Tessera homeowner, and those costs continue to increase substantially.
The developer agreed to convey ownership of those facilities to the City of Lago Vista, who then made them "Public Park Facilities" open to the general public and entered the unknowing homeowners into an "Operation and Maintenance Agreement" to continue paying to operate, maintain, and insure those facilities while requiring them to be open for use by the general public.
PID's are not unusual. But a city owning property and improvements that they are forcing a small group of homeowners to pay for the ongoing operation and maintenance of for use by the general public is highly unusual - especially when such an arrangement was never disclosed to potential homeowners.
Email us at: Support@TesseraTaxpayers.org
Documents:
Replat of Lot17-X Block D
This Plat Map shows Lot 17R1-X as the 6.5126 acre lot surrounding the 1.2079 acre Lot 17R2-X
Current TCAD GIS Map of Lots 17R1-X and 17R2-X totaling 7.7205 acres
Taken from TCAD GIS mapping, this shows the Lot Descriptions, boundary lines, and current ownership
City Council Resolution No. 17-1703
Calls for the conveyance of Developer constructed Public Park Facilities
The size of the land indicated in the resolution does not match the actual physical size, nor does it contain legal lot descriptions
The resolution states the Developer “will convey the Public Park Facilities” to the City in accordance with the terms of the Development Agreement but does not
contain formal acceptance of the land and/or facilities, nor does it authorize the Mayor to execute a deed.
The resolution only authorizes the Mayor to execute the Operation and Maintenance Agreement
City Council Resolution No. 20-1837
The resolution contains formal acceptance of “Lot 17R1-X, Block D, Replat of Lot 17-X….as described in the Special Warranty Deed attached as “Attachment A”
Attachment A (the Special Warranty Deed) describes the property in Exhibit A as “Lot 17R2-X Block D Replat of Lot 1-X Block D according
to the subdivision plat recorded in Document No. 202000006” in Travis County
Operations and Maintenance Agreement
Holds HOA responsible for the cost of operating, maintaining, staffing, and insuring the Public Park Facilities.
Exhibit A are the Trail Rules
Exhibit B are the Pool Rules – Operating Hours and General Public Access
Exhibit C are the Pavilion Reservation Rules
Staggered 2 and 3 year renewal terms with 12 month notice. 2025 is a renewal year