STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: September 11, 2019
COUNCIL DISTRICT(S): 2, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14
DEPARTMENT: Office of Economic Development
EXECUTIVE: Michael Mendoza
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SUBJECT
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Authorize the fourth amendment to the City of Dallas Public Improvement District (PID) Policy for the creation, renewal, administration and management of PIDs in accordance with the provisions of Chapter 372 of the Texas Local Government Code to allow Tourism Public Improvement District (District) boundary changes in accordance with House Bill 1136 legislation, which was approved this year, allowing the City to include property in a hotel public improvement district if such property could have been included in the District without violating the petition thresholds when the District was created, for the purpose of providing supplemental public services to be funded by assessments on Dallas hotels with 100 or more rooms - Financing: No cost consideration to the City (see Fiscal Information)
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BACKGROUND
The City of Dallas first adopted a PID Policy on December 14, 2005. The City's PID policy provides uniform rules and guidelines related to the creation of PIDs, PID signature and petition requirements, and PID reporting and financial accountability standards critical to ensuring the fair, uniform, and efficient and management and oversight of PIDs in Dallas.
The City's current PID policy only permits the addition of new hotels to the District boundary as part of a petition renewal or early repetition process. This proposed amendment would allow new hotels to be added to the boundaries of the District, in accordance with new state House Bill 1316 legislation and Chapter 372 of the Texas Local Government Code. Per House Bill 1316, the governing body of municipalities may add and levy hotel properties to the boundary of an existing hotel PID without requiring their...
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