Council approves preliminary Lone Tree PID assessment plan; public hearing set for Oct. 13
City council approved a preliminary service and assessment plan for the Lone Tree Public Improvement District Phase 1, with staff reporting a $12.86 million project cost and assessment amounts per lot; council set a public hearing for Oct. 13, 2026.
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Jennifer Sloan, the PID administrator, presented the Lone Tree Public Improvement District Phase 1 financing plan, describing the development and proposed assessment methodology. Sloan said the total project cost for the entire PID is $12,857,196, and the bond par amount for Phase 1 is $11,272,000.
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