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The Greenways Public Improvement District is established
The City lists the Greenways PID, near the southwest corner of Hillside Road and Coulter Street, as established in April 1995. Its assessment is a flat rate set by each lot's classification (A, B, C and D), and it has a five-member advisory board appointed by the City Council. It is the oldest of the PIDs on the City's list.[1][2]
What the sources say
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Chapter 372, Subchapter A of the Texas Local Government Code, the Public Improvement District Assessment Act, lets a city council that finds it "promotes the interests" of the city undertake an improvement project that "confers a special benefit on a definable part" of the city. Authorized projects include landscaping; fountains, distinctive lighting and signs; sidewalks and streets; and parks and other listed improvements (Section 372.003). [3]
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Under Sections 372.005, 372.009 and 372.010, a petition to create a PID must state the nature, estimated cost, boundaries, method of assessment and cost split of the improvements. It is sufficient if signed by owners of more than 50% of the appraised value of the property to be assessed and by more than 50% of the record owners (or owners of more than 50% of the area). The council must hold a public hearing, and may then create the district by a resolution adopted by a majority of all its members. [3]
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Section 372.015 requires the council to apportion the cost of an improvement "on the basis of special benefits accruing to the property," and allows assessment equally per front foot or square foot, by property value, or "in any other manner that results in imposing equal shares of the cost on property similarly benefitted." Under Section 372.017 the council levies the assessment by ordinance after hearing objections. [3]
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The City's PID page says the costs of PID improvements and services "are paid entirely by the property owners within the PID," that assessments are calculated each fiscal year by the Potter and Randall appraisal districts and appear on the property tax bill, and that each PID has an advisory board appointed by the City Council. [1]