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Council creates Post Oak PID for 345‑acre Reserve redevelopment

Fair Oaks Ranch City Council · July 4, 2025
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Summary

Council adopted findings and created the Post Oak Development Public Improvement District, authorizing a financing structure based on assessments on benefited property and stating the city will not be obligated to pay district debt from general funds.

Fair Oaks Ranch City Council adopted a resolution on July 3, 2025, creating the Post Oak Development Public Improvement District (PID) and adopting the findings required by Chapter 372 of the Texas Local Government Code.

Assistant City Manager Jim Williams summarized the petition and proposed public improvements: the project is a redevelopment of the Reserve at Fair Oaks Ranch comprised of approximately 278 residential units across roughly 345 acres. The district's publicly financed improvements described in staff materials include streets, sidewalks, water utility systems, lighting, landscaping and related administrative and financing costs. Staff presented the statutory findings required by Chapter 372 and an estimated authorized cost figure cited in the staff summary.

Council voted to create the Post Oak Development PID and adopt the findings of fact. The resolution establishes district boundaries (by metes and bounds, included in the staff packet) and authorizes assessments to fund improvements; staff advised the city will not be legally obligated to pay assessment debt from the city's general fund. The motion to adopt the resolution was moved by Jonathan and seconded by Reuben; council approved the resolution by voice vote.