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City plans to buy constructed Colonies PID park improvements with Series 2026A certificates

The December 9, 2025 staff memo for the Series 2026A notice said the park share would be repaid from Colonies PID assessments, and that staff had discussed with the council "the request from the Colonies PID to purchase constructed park improvements." On March 10, 2026 the council adopted Ordinance No. 8236, 5-0, authorizing the Series 2026A certificates "to fund streets construction and Colonies Public Improvement District (PID) Park Improvements."[1][2]

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