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Public Improvement District Fund

PID #21 – Las Vegas Trail

FUND SUMMARY

Change from
FY2020 FY2021 FY2021 FY2022
FY2021 Adopted
Final Adopted Adjusted Adopted Amount %
Other - - - 311,851 311,851 0.00%
Revenue $ - $ - $ - $ 311,851 $ 311,851 0.00%

Gen Operating & Maintenance - - - 247,987 247,987 0.00%
Transfer Out & Other - - - 63,864 63,864 0.00%
Expenses $ - $ - $ - $ 311,851 $ 311,851 0.00%

FUND PURPOSE AND GOALS

Public Improvement District (PID) #21 – Las Vegas Trail was established on June 22, 2021, for a period of 8 years
and will expire on September 30, 2029. It is approximately 839 acres of land generally consisting of the area bound
by Highway 820 on the west, Interstate Highway 30 on the north, South Cherry Lane on the East, and certain
parcels fronting or adjacent to the south side of Camp Bowie Boulevard.

The general nature of the proposed improvements and services to be provided in the Las Vegas Trail PID, include,
without limitation, landscaping, promotional sign and banner programs, lighting, and various other streetscape
and capital improvements, including streets, sidewalks, roadways, and rights-of-way. These improvements
support public safety, community enhancements, and supplement the standard level of improvements and
services provided by the City.

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