The city of Kyle is in multiple Public Improvement District (PID) agreements in an effort to allow more home projects and upgrade city areas. Kyle City Council recently approved a preliminary assessment plan for yet another PID.
The Southwest Kyle PID is located on 171 acres between Roland Lane and Opal Lane along I-35. The PID was approved over a year ago, according to Kyle Mayor Travis Mitchell, who said the city sees PIDs as a way to benefit the city and its residents in ways it cannot on its own. The PID will allow the developers of the area to apply a PID tax to its residents to pay off 20-year bonds. This PID will be divided into two phases, according to Jon Snyder, Kyle’s PID administrator.
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