Public Improvement Districts or “PIDs” are the current trend in residential real estate development in urban areas of Texas. Although the PID concept has been utilized extensively by many cities within urban counties, relatively few counties have developed their own policies for working with developers on these projects. There are circumstances under which county created PIDs may make sense and counties are likely to receive petitions to create PIDs and issue bonds under this new mechanism.
Attorney David Mendez offers a brief intro into the PID concept by discussing the special issues that urban county officials may be asked to weigh when considering these special districts.