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Collin County adopts PID principles, approves Hilltop, P3 Works, Bracewell and a $45,000 developer payment agreement
Summary
The court adopted a short principles-and-parameters Public Improvement District (PID) policy and approved related agreements with Hilltop Securities, P3 Works, and Bracewell LLP; it also approved a $45,000 professional services payment agreement with RCI Westin Hills LLC to fund PID startup costs.
Collin County Commissioner’s Court adopted a short-form Public Improvement District (PID) principles-and-parameters statement and approved several follow-on agreements to begin a PID process for a developer petition from RCI Westin Hills LLC.
County staff member Mr. Shoffner (speaker 11) told the court the intent was to provide a concise statement so developers and citizens understand the court’s…
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