Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves Tessera (Lake Travis) PID annual service-plan update with amended buyer disclosure
Summary
The council approved an ordinance adopting the Tesera (Tessera) Lake Travis Public Improvement District 2025 service-and-assessment update, and added a written buyer-disclosure exhibit with two items removed pending completion of parkland dedications.
The Lago Vista City Council voted to approve an amended annual service-and-assessment plan for the Tessera Lake Travis Public Improvement District (PID), confirming the district's updated assessment roll and required reporting under Chapter 372 of the Texas Local Government Code.
Sarah Blaisdell, representing P3 Works (the city's PID administrator), summarized the PID: Tessera covers roughly 877.26 acres inside Lago Vista's corporate limits with an approved plan for about 1,880 residential lots (about 1,060 already platted). The district finances streets, parks and other public amenities through annual assessments that appear on Travis County property tax bills. Local law requires the city to approve an annual update to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
