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Consultant explains Public Improvement Districts and their possible use for Cardinal Estates in Athens
Summary
A P3 Works consultant told the Athens City Council that Public Improvement Districts (PIDs), created under Chapter 372 of the Texas Local Government Code, can fund infrastructure such as detention ponds; council members asked about buyer notice and next steps after a developer said lots could be ready to sell in six months.
Jordan T. Sawyer of P3 Works presented a detailed overview of Public Improvement Districts to the Athens City Council on Sept. 25, saying, "PIDs are created under Chapter 372 of the Local Government Code." He outlined how PIDs are formed, the different types (including operations and maintenance PIDs), levy mechanics and the city’s obligations.
The presentation matters because a PID is under…
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