DEPARTMENT: Planning
DEPARTMENT HEAD: Bridgett White, AICP
COUNCIL DISTRICTS IMPACTED: City Council District 2
SUBJECT:
The City's consent to the creation by Bexar County of a Public Improvement District to later be named the Gates Special Improvement District; and a 30-year development agreement between the City and MEH Holding Company, Ltd.
SUMMARY:
A public hearing and resolution recommending the City of San Antonio (City)'s consent to the creation by Bexar County of a proposed Public Improvement District (PID) to later be named the Gates Special Improvement District generally located along US Highway 87, to the east of Real Drive and to the west of Beck Road in the City's extraterritorial jurisdiction (ETJ); and the approval of a 30-year development agreement between the City and MEH Holding Company, Ltd.
BACKGROUND INFORMATION:
Texas Local Government Code Chapter 382 allows for the creation of Public Improvement Districts (PIDs), by a city or a county. PIDs are considered to be economic development tools used to pay or finance public improvements and economic development within (and that benefit) a defined geographical area which will ultimately become the district. The general nature of the proposed public work may include, but is not limited to, the improvement and construction of roads, thoroughfares, collectors, arterial roads, utilities, water, waste water, sanitary sewer, drainage, trails, park and recreational facilities; which are located within the district boundaries. These districts may levy a special assessment as a source of funding and costs are apportioned and paid by land owners within the district that benefit from public improvements and/or services.
In order to create a PID in a county, more than 50 percent of owners of taxable real property liable for assessment within the proposed District area, must submit a petition to the governing body of the county. The municipality has the option to object to the formation of the di...
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