Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Public Finance topic
No spam. Unsubscribe anytime.
Council approves resolution setting public hearing for Shirley Tract PID assessments
Summary
Council approved a resolution calling a public hearing for May 26, 2026, to consider assessments for the Shirley Tract Public Improvement District No. 2 and related service and assessment plans; staff explained assessments fall to the owner of record at the assessment date.
Get email alerts on the Public Finance topic
No spam. Unsubscribe anytime.
Council pulled consent item 6e for discussion before voting to approve a resolution that determines costs of authorized improvements for the Shirley Tract Public Improvement District No. 2 and calls a public hearing for May 26, 2026. Staff representative 'Cotton' explained the assessment mechanism and how liability for annual assessments rests with the property owner at the time each assessment is due.
"Once the bonds are sold, the assessments are due on an annual basis, and it is whoever is owning that piece of property when the assessments come due," Cotton said, describing how the obligation transfers with property ownership in the same way as taxes and other assessments. The council voted to approve the resolution and related notices unanimously and directed staff to publish and mail required notices.
