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Farmers Branch council adopts Mercer Crossing PID assessment update as developer reimbursement schedule moves forward
Summary
City Council approved Ordinance 3961 to adopt the 2025–26 service and assessment plan update for the Mercer Crossing Public Improvement District, confirming assessment allocations and next procedural steps for billing and county recording.
On Tuesday, Oct. 21, the Farmers Branch City Council unanimously adopted Ordinance 3,961, approving the city-required annual update to the Mercer Crossing Public Improvement District (PID) service and assessment plan for fiscal year 2025–26.
The ordinance — part of the city’s ongoing oversight of a PID created in February 2017 — formalizes the allocation of annual installments that repay developer-funded public improvements. Jay Patel, the city’s finance director, told council the developer Centurion financed about $44,400,000 in public improvements under city-approved reimbursement agreements that are being repaid over time through assessments on…
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