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Council calls March 20 public hearing for planned PID bond assessments; no bond issuance approved tonight
Summary
Staff and finance advisors briefed council on a planned Public Improvement District (PID) assessment and bond plan; council approved a resolution to call a public hearing March 20 to consider a service and assessment plan and potential special-assessment revenue bonds.
GUNTER, Texas ' The council voted Feb. 20 to call a public hearing for March 20 on a preliminary service and assessment plan tied to a proposed Public Improvement District (PID) and associated special-assessment revenue bonds.
Jamie Schulte (P3 Works), the city's PID administrator, told council the resolution on the agenda simply calls the March 20 hearing; no bond documents or final approvals were requested at the Feb. 20 meeting. Jamie said the preliminary service and…
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