Dallas, Texas
Lake Highlands Public Improvement District
PID Overview
About PIDs
A Public Improvement District or “PID” is an agreement between property owners (primarily business & commercial) within a defined area and their city government for making a special assessment to be used only for services or improvements within the determined area. Authorized by Chapter 372 of the Texas Local Government Code, Public Improvement Districts have been created in all major Texas cities, including Dallas, since 1986.
LH PID Goals
The purpose of the Lake Highlands PID is to enhance the quality of life, security and physical environment in the area along the Skillman Corridor with the goal of increasing development opportunities by stabilizing and/or increasing property values and increasing the local tax base by attracting new businesses, residents and visitors to the area.
LH PID Management
Once established, the LH PID will be managed by a private non-profit association – the Lake Highlands Improvement District Corporation (LHID). The LHID will be governed by an Advisory Board comprised of contributing property owners. The association will also employ a full time District Manager, who will serve as a community liaison and will be responsible for setting a plan for delivering improvements and services to the District, and for submitting an annual budget and assessment rate to the Dallas City Council for approval.
Approval Process
PIDs created within the City of Dallas must meet two primary requirements prior to application submittal:
- A petition to create the District, signed by the owners/owners’ agents representing at least 60% of the total assessed property value within the boundaries of the proposed District and
- More than 60% of the registered property owners or 60% of the land area within the boundaries of the proposed District.
The LH PID petition drive concluded April 1. After receiving favorable support from more than 60% of the required property value and land area within the assessed boundary, the application was submitted for administrative review by the City of Dallas. On June 25 the City Council formally passed a resolution creating the LH PID, which will be fully funded and operational in early 2009.