The gist
On July 25, League City City Council will consider applying for a Texas Parks & Wildlife Department grant to create Bay Colony Park, which will include several sports fields for residents.
According to agenda documents, the maximum funding the department would award is $750,000, which is 50% of the maximum $1.5 million grant. The city would be required to match that $750,000.
The acreage that would become Bay Colony Park is owned by the League City Patrons of the Park and Arts Foundation. City officials plan to use the land, which is worth much more than $750,000, as the matching portion for the grant, according to the documents.
“The value of the park land is more than adequate to be donated by the foundation to act as the city’s matching fund for the TPWD grant,” the documents said.
A public hearing will be held during the July 25 meeting to gather feedback from residents on the grant application.
In a nutshell
Also July 25, council will consider raising the homestead exemption for disabled residents and residents who are 65 and older.
The homestead exemption for League City tax bills for seniors is $45,000, which means $45,000 is withheld from a senior’s property value when calculating their property tax bill. Council is considering increasing this amount to $60,000.
According to agenda documents, increasing the exemption by this amount would save properties $219,000 citywide. The maximum amount of savings per homestead would be $62.33 a year with the average savings projected at $52.51 a year.
Next steps
League City City Council’s meeting will be held at 6 p.m. July 25 at council chambers, 200 W. Walker St., League City.
