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Council creates Highland Oaks Public Improvement District to fund water infrastructure; property owners assessed about $33,700 each
Summary
Council approved creation of the Highland Oaks Public Improvement District to fund a municipal water infrastructure project estimated at $7.1 million (about $8.5M total bond cost); each property owner’s assessment was reported as approximately $33,700 and bonds expected in February.
The City Council voted unanimously Aug. 26 to establish the Highland Oaks Public Improvement District (PID) to fund construction of municipal water infrastructure for the annexed Highland Oaks neighborhood.
City staff and Business Development Director Brianna Brown explained the Highland Oaks PID process began with a petition approved by council in September 2024 and, because of a required time window, the city…
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