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Commission approves Magnolia Hills Special Improvement District to fund Phase 1 improvements
Summary
The commission authorized a resolution and development agreement creating a special improvement district for Magnolia Hills Addition No. 3 Phase 1 to assess roughly $1.12 million in infrastructure costs to the benefit district, with property owners able to pay via lump sum or a 20-year assessment.
The Salina City Commission on Dec. 8 approved a resolution establishing a special improvement district (SID) to fund public improvements for Magnolia Hills Addition No. 3 Phase 1.
City engineer Jim Coarch told commissioners the developer estimate for construction was $860,767, with additional…
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