Council approves Ladera BID operating plan and amends GID language to stabilize bond revenue
The council approved the Ladera Business Improvement District operating plan and a 2025 budget amendment, and later amended the Timnath Landing GID establishing ordinance to tie mill-levy calculations to a 6.8% actual-value baseline, smoothing revenue for future bond sales.
The full story
Timnath — The Town Council on Nov. 11 approved the Ladera Business Improvement District's 2026 operating plan and a requested amendment to the 2025 budget and later adopted an amendment to the Timnath Landing General Improvement District establishing ordinance intended to make future debt issuance more predictable.
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