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Council approves River Bridal Ranch PID assessments, secures community benefits
Summary
On first reading council approved ordinance 2026‑28 to levy special assessments in the River Bridal Ranch PID, authorizing roughly $53.36 million in improvements and securing community benefits including 5.5 acres for a fire station and up to $5 million in bond proceeds toward its construction.
San Marcos City Council on Aug. 8 approved an ordinance (2026‑28) to levy special assessments within Improvement Area No. 1 for the River Bridal Ranch Public Improvement District, moving the project forward with new limits on the PID boundary and a package of community benefits.
Helen Ramirez, the city's director of economic and local business development, told the council the amended PID reduces the boundary from 563 acres to 328 acres and lists authorized improvements — streets, drainage, water and wastewater — with an estimated eligible cost of $53,360,000 and a developer contribution of about $13,360,000. Ramirez said the city requires a 3:1 lien‑to‑value test before bond issuance and noted the PID should not affect the city’s bond capacity if structured properly. Ramirez said the updated community benefits include dedication of 5.5 acres for a new fire station and increasing the PID bond proceeds directed to that facility to not exceed $5,000,000.
During council discussion, a Lennar Homes representative confirmed construction is under way and that the developer committed to delivering the amenity center before closing sales in phase 3. “We have roughly 110 homes out there right now,” Ken Blaker of Lennar Homes said, describing the phased buildout and the developer’s commitment to the timing condition. After brief public comment (no speakers registered in advance), the council voted to approve the ordinance on first reading; the motion passed unanimously.
