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Granbury dissolves and recreates Lakeview Landing PID after attorney-general wording changes
Summary
The City Council held public hearings and adopted resolutions to dissolve the existing Lakeview Landing Public Improvement District (Resolution 24-18) and then create a new PID for the same property and purposes with revised wording to meet the Texas attorney general's interpretation (Resolution 24-19).
The Granbury City Council on Dec. 17 conducted public hearings and approved a two-step action to dissolve the existing Lakeview Landing Public Improvement District and immediately create a new district using revised language intended to comply with guidance from the Texas attorney general's office.
City attorney and staff explained the action was a follow-up to a prior meeting after an attorney-general interpretation required more specific wording for PIDs that will issue bonds. Jordan Selback, the city's attorney for the item, told the council these changes are…
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