Aubrey sets PID reimbursements for Palomino project

$5,639,000 (assessment-backed reimbursement; part of total $10,485,268 PID costs)

CONSTRUCTION

Assessments beginning with first billing due January 31, 2027 and continuing until reimbursable Authorized Improvement costs, interest, and administrative expenses are fully paid

Reimbursement continues until the assessed amount, associated bond or reimbursement agreement interest, and administrative expenses are fully paid; assessments and terms may be adjusted in future Annual Service Plan Updates per the PID Act.

AgendaPacket