Public Improvement District Informational Open House

Calendar Date:
Wednesday, July 1, 2015 - 7:00pm to 9:00pm

The City of Kyle will host an open house to provide information regarding how Public Improvement Districts (PIDs) work and how they may benefit the City and the homeowners who might consider purchasing a home in one.

PIDs are created in Chapter 372 of the Local Government Code to offer cities and counties a means for improving their infrastructure to promote economic growth in an area. The Public Improvement District Assessment Act allows cities and counties to levy and collect special assessments on properties that are within the city or its extraterritorial jurisdiction. Additional financing options are available to certain large counties.

PIDs may be formed to develop, rehabilitate or expand affordable housing; create water, wastewater, health and sanitation, or drainage improvements; street and sidewalk improvements; mass transit improvements; parking improvements; library improvements; park, recreation and cultural improvements; landscaping and other aesthetic improvements; art installation; creation of pedestrian malls or similar improvements; supplemental safety services for the improvement of the district, including public safety and security services; or supplemental business-related services for the improvement of the district, including advertising and business recruitment and development.