Danieldale Homestead PID Delinquent Assessment Collection and Penalties
Summary
The city established formal collection procedures and a 20% penalty with law firm Linebarger Goggan Blair & Sampson to recover delinquent property assessments for the Danieldale Homestead Public Improvement District.
At a glance
- Total mentions
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- Last 30 days
- 0
Impact analysis
Imposes a 20% collection fee on delinquent property owners to cover legal collection costs.
PID bondholders and compliant property owners who rely on full funding for public infrastructure debt repayment.
Property owners within the PID who fall behind on their assessments and face additional penalty fees.
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