Kamas council holds work session on High Star Ranch PID; developers, attorneys and underwriters asked for written clarifications

Developers seeking to use a public infrastructure district (PID) to finance public utilities and related infrastructure for the High Star Ranch project presented a work session to the Kamas City Council on Oct. 28.

Attendees for the proposal included developer representatives (identified at the meeting as Mitch and Shane), attorney Matt Entz of Snow Jensen (who had drafted the governing documents), Piper Sandler financing representatives (including Ben Becker and Ali Blossom), and Gary Raymond, the asset manager for the development. The developers presented a revised PID boundary and materials intended to address earlier questions from council members and neighborhood residents.

Attorney Matt Entz read a portion of Utah law and emphasized procedural protections for property owners: "No property may be annexed into the PID without an annexation petition first being filed with the board of trustees, which petition is signed by 100% of the surface property owners in the area proposed to be annexed," he said, citing Utah Code. The project team said the revised exhibits exclude residences from the initial PID area and also removed agricultural acreage that will not be developed.

Council members focused on several…