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Rowlett council approves annual PID service and assessment updates for Bayside and Cottonwood Creek
Summary
The Rowlett City Council on Nov. 12 approved annual service-and-assessment-plan updates for the Bayside North and South public improvement districts and the Trails at Cottonwood Creek PID, confirming budget requests and assessment rolls for fiscal year 2025.
Rowlett City Council on Nov. 12 approved ordinances updating the annual public improvement district (PID) service and assessment plans and the fiscal-year 2025 assessment rolls for Bayside North, Bayside South and the Trails at Cottonwood Creek.
City PID administrator Josh Art told the council the Bayside North annual budget request for FY25 is approximately $649,000 and that outstanding assessments tied to bonds are roughly $7,350,000. Art said the assessment structure is intended to be stable, with the bonds issued in 2016 and a 30-year term noted in the report.
For the Bayside South…
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