Are there any upfront, or initial, costs?
Yes. The petitioners are responsible for any and all preliminary costs and expenses incurred by the City in preparing for the formation of the LID should the LID be cancelled. A deposit will be required when the petition is submitted. If the LID is formed, this deposit will be credited to the petitioners’ final assessments. If the LID is not formed, the deposit will be forfeited to the City.

Show All Answers

1. What is an LID?
2. Why form an improvement district?
3. What are the advantages of an LID?
4. What are the disadvantages of an LID?
5. How long does it take?
6. Is there any limit on the size of an LID?
7. What is a ULID?
8. What is the difference between an LID and ULID?
9. Can I protest the LID?
10. How do I protest?
11. What costs are involved in an improvement district?
12. Who is responsible for these costs?
13. Why doesn’t the City pay for these improvements using taxes paid by citizens?
14. How does the City levy LID assessments?
15. Are there any upfront, or initial, costs?