City May Charge Tax Payers for North Overton Improvements - KCBD NewsChannel 11 Lubbock

10/9/03

City May Charge Tax Payers for North Overton Improvements

Thursday, the city council held a public hearing on the issue of improving north Overton. City planners say north Overton property owners petitioned in January to form a public improvement district.

It's a specific fund that would be collected only by North Overton residents for the maintenance of streets, landscaping, sewer, lighting and security. During the meeting, some people spoke against the P.I.D. saying they don't want to be pay more taxes.

"I think we reassumed folks that we will not be looking to assessing those areas that have not been improved or redeveloped," said planning director Craig Farmer.

When council approves, Farmer says the P.I.D would be collected from North Overton residents who are affected by the improvements. Farmer says the owner of a 100 thousand dollar home would be charged 150 dollars a year.

Powered by Frankly