Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council to return resolution on Spanish Oaks PID waiver, staff directed to use 2:1 ratio
Summary
Council directed staff to bring back a draft resolution that would exempt the Spanish Oaks PID from selected new PID policy provisions, asking staff to prepare the exemption using a 2:1 value-to-lien ratio and a construction-bond basis for consideration at the next meeting.
Council members instructed staff to return a tailored resolution next meeting to consider limited exemptions for the in-flight Spanish Oaks public improvement district.
City staff explained the Spanish Oaks PID was created before the new PID policy and that two provisions—value-to-lien ratio and construction-versus-reimbursement…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
