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Tomball council sets hearings for Greyloo Grove annexation; developer seeks $8 million PID reimbursement
Summary
The Tomball City Council voted unanimously to schedule public hearings on a proposed annexation of the Greyloo Grove property and a related public improvement district (PID), moving the annexation first read to the July 21 meeting and the PID hearing to Aug. 4.
The Tomball City Council voted unanimously to schedule public hearings on a proposed annexation of the Greyloo Grove property and a related public improvement district (PID), moving the annexation first read to the July 21 meeting and the PID hearing to Aug. 4.
City staff said the Greyloo Grove site, owned by FLS Development, is contiguous to Tomball and totals just over 50 acres; the developer proposes about 88 single‑family homes and a 45,000‑square‑foot commercial footprint. "The property proposed to be annexed is contiguous with the city," Thomas, a city staff member, told the council during the presentation of the annexation application.
The petition for PID creation would cover 43.149 acres of the site and requests a reimbursement bond issue of up to $8,000,000, with the developer proposing an assessment rate of $0.95 per $100 of assessed value. Megan, a city staff member presenting the…
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