GLH Public Infrastructure Districts No. 1 public meetings in 2025
3 substantive meetings from 2025, with official agendas or minutes and plain-English summaries.
Board of Trustees of GLH Public Infrastructure District No. 1
The Board of Trustees for GLH Public Infrastructure Districts No. 1 and 2 will hold a special joint meeting. The board is deciding on a cost acceptance resolution and discussing the assignment of reimbursement rights.
- Adoption of Cost Acceptance Resolution (District No. 1)
- Discussion of Assignment of Reimbursement Rights from The Ritchie Group/GLH Industrial to District No. 1
- Board training on the Open and Public Meetings Act
Board of Trustees of GLH Public Infrastructure District No. 1
The Board of Trustees of GLH Public Infrastructure District No. 1 is holding a public hearing to receive input on issuing up to $20 million in Limited Tax General Obligation Bonds, Series 2025. The bonds would finance public infrastructure projects, with repayment from ad valorem property taxes at a maximum rate of 0.005 per dollar of taxable value. All property owners within the district have already consented to the bond issuance. The hearing also covers potential economic impacts on the private sector.
- Proposed issuance of up to $20,000,000 in Limited Tax General Obligation Bonds, Series 2025
- Bonds may mature in up to 31 years with a maximum interest rate of 12% per annum
- Maximum mill levy of 0.005 per dollar of taxable value for up to 40 years
- Estimated total principal and interest cost of approximately $27,360,523
- No outstanding bonds currently secured by pledged revenues
Board of Trustees of GLH Public Infrastructure District No. 1
The Board of Trustees of GLH Public Infrastructure District No. 1 will hold a joint meeting with District No. 2. The main item is a public hearing to receive input on the issuance of Limited Tax General Obligation Bonds, Series 2025A, and its potential economic impact on the private sector. The board will also consider approval of the agenda and minutes from the April 24, 2025 joint meeting, and receive annual training on the Open and Public Meetings Act.
- Public Hearing on issuance of Limited Tax General Obligation Bonds, Series 2025A
- Consideration of potential economic impact of the bond-funded improvements on private sector
- Approval of minutes from April 24, 2025 joint meeting
- Annual Board Member Training on the Open and Public Meetings Act
- Public comment period (3 minutes per speaker)