Receive a report, hold a discussion, conduct a public hearing and take action on an ordinance of the City Council of the City of Denison accepting and approving a Service and Assessment Plan and Assessment Rolls for the Preston Harbor Public Improvement District; making a finding of special benefit to the property in the District; levying special assessments against property within the District an

Staff Report & Agenda Item Details

<ul style="list-style-type: disc;"><li>The City of Denison, Texas (the "City") is authorized by Chapter 372, Texas Local Government Code, as amended (the "PID Act") to create a public improvement district and to levy special assessments against property within the district to pay the costs of public improvement projects that confer a special benefit on property within the district.</li><li>On November 8, 2024, there was submitted to and filed with the City Clerk of the City pursuant to the PID Act that certain "Petition for the Creation of a Public Improvement District within the Corporate Limits of the City of Denison, Texas, for the Preston Harbor Public Improvement District."</li><li>The City Council adopted Resolution No. 4182 on January 6, 2025, authorizing the creation of the District and ordering public improvements to be made for the benefit of such District.</li><li>On June 15, 2026, the City Council adopted a resolution determining total costs of certain authorized public improvements, approving a preliminary service and assessment plan, including the proposed assessment rolls, authorizing and directing the City Clerk to file the proposed assessment rolls for the District and make the assessment rolls available for public inspection, and directing the publication and mailing of notice of a public hearing to consider an ordinance levying assessments on property within the District.</li></ul>