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Council approves amendment to Preston Harbor development agreement to allow PID financing; Centurion American representatives present
Denison City Council · December 16, 2024
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Summary
Council approved an amendment to the Preston Harbor 2023 development agreement to acknowledge planned use of PID financing and its interaction with existing TIRZ/TIF-like financing; approval was subject to the concept plan matching zoning and final review by the city manager and city attorney.
The Denison City Council approved an amendment to the Preston Harbor 2023 development agreement to acknowledge the developer’s planned use of Public Improvement District (PID) financing and how that financing will interact with the project’s TIRZ/TIF-like mechanisms. City…
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