Trophy Club council approves PID service plan update after bond refinancing; emergency services assessment repealed

The Trophy Club Town Council on Sept. 22 approved an updated service and assessment plan for Public Improvement District No. 1 and voted to repeal a separate emergency‑services assessment for the Highlands at Trophy Club PID after a related municipal utility district (MUD) boundary change. April (staff member) told the council the PID bonds were refinanced earlier in 2025 and that the refinancing “resulted in approximately $4,000,000 in savings over the life of the debt.” She said the refinancing also shortened the overall term of outstanding debt by one year. Approval of the annual service and assessment plan is a recurring statutory requirement. The council approved the ordinance accepting the service and assessment plan (listed in the agenda as ordinance 2025‑13) following a public hearing; no members of the public spoke on the item. Notice of the hearing had been published in the Commercial Recorder and mailed to PID residents. On a related item, town staff explained the town and Trophy Club Municipal Utility District No. 1 had agreed to expand the MUD boundaries to include the PID area. Beginning with the current tax cycle, PID residents will be billed for fire and emergency services the same way as other Trophy Club residents through the MUD’s tax/assessment process. Because of that change council found that the annual emergency services special assessment “no longer provide[s] a special benefit to the property” and approved an ordinance repealing the service and assessment plan and stopping future levies for emergency services under Chapter 372 of the Texas Local Government Code. Both ordinances were approved after the required public hearings; staff reported no public comments on either item. The repeals take effect as written in the approved ordinances and the affected properties will be billed for fire services through the MUD beginning with the stated tax cycle.