DEPARTMENT: Planning
DEPARTMENT HEAD: Bridgett White, AICP
COUNCIL DISTRICTS IMPACTED: ETJ near City Council District 6
SUBJECT:
The City of San Antonio's consent to the creation by Bexar County of the proposed Landon Ridge Public Improvement District (PID) and associated Development Agreement.
SUMMARY:
A public hearing and consideration of a resolution recommending the City of San Antonio grant its consent to the creation of a proposed Public Improvement District, to later be named the Landon Ridge Special Improvement District, by Bexar County and associated Development Agreement with SA Landon Ridge, LP and Potranco Patience, LLC, owners of the approximately 131.255 acre property, generally located to the northwest of the intersection of Potranco Road and Stevens Parkway in the extraterritorial jurisdiction (ETJ) of the City of San Antonio.
BACKGROUND INFORMATION:
Texas Local Government Code Chapter 382 allows for the creation of Public Improvement Districts (PIDs), by a municipality or a county. PIDs are economic development tools used to pay or finance public improvements and economic development within (and that benefit) a defined geographical area, which will become the PID. The general nature of the proposed public improvement may include, but is not limited to, the improvement and construction of roadways, utilities, water, wastewater, or drainage systems, trails, and park/recreational facilities; located within the PID boundaries. These PIDs may levy assessments and impose ad valorem, sales and use, or hotel occupancy taxes as sources of funding, and costs are apportioned and paid by landowners within the PID boundaries that benefit from public improvements and/or services.
To create a PID in a county, more than fifty percent (50%) of owners of taxable real property liable for assessment within the proposed PID area, must submit a petition to the governing body of the county. The municipality has the option to object to the creation of PIDs in it...
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