AGENDA CAPTION:
Title
Receive a Staff presentation and hold a Public Hearing to receive comments for or against Resolution 2025-164R, in accordance with Chapter 372 of the Texas Local Government Code: making findings as to the advisability of the improvements proposed in the petition to create the District Public Improvement District ("The District PID") on approximately 100 acres of land located south of the intersection between East McCarty Lane and Rattler Road, establishing the district; and authorizing management of the district; and providing an effective date; and consider approval of Resolution 2025-164R.
Body
Meeting date: September 2, 2025
Department: Planning and Development Services
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: N/A
City Council Strategic Initiative: [Please select from the dropdown menu below]
N/A
N/A
N/A
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Fiscally Responsible Incentives for Economic Development
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Core Services
? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.
Background Information:
Public Improvement Districts (PIDs) are authorized under Chapter 372 of the Texas Local Government Code and allow local governments to issue bonds to fund public improvements within a defined boundary. The bonds are financed through assessments levied on properties within the PID boundary (like an additional property tax). Examples of existing PIDs within the City of San Marcos are the Trace PID, the River Bridge Ranch PID, and the Whisper South PID.
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