South Dallas/Fair Park Public Improvement District (PID) was established in 2016. This PID consists of approximately 630 properties and has a variety of land uses including commercial and residential properties. Hip Hop Government manages the PID. The nature of the services and improvements provided by the South Dallas/Fair Park PID are enhanced security and public safety, capital improvements (including landscaping, lighting, sidewalks, streets, parks, fountains, and roadways) and promotions (including outreach, business development, and marketing).
The current PID term runs until December 31, 2023 with annual budget and assessment rate subject to a public hearing and City Council approval.
The costs of the services and improvements by the District will be paid primarily by special assessment against properties in the District. Annual assessments are based on the total value of real property and real property improvements as determined by the Dallas Central Appraisal District ("DCAD").
The South Dallas/Fair Park Public Improvement District (PID) proposed assessment rate for 2017 is $0.15 per $100 of appraised value. Actual assessment rates and levies will be set by the Dallas City Council subject to a maximum of $0.15 per $100 of value and according to procedures stipulated by Chapter 372 of the Texas Local Government Code. City right-of-way, railroad right-of-way, City parks and cemeteries are not specially benefitted and therefore are not subject to PID assessment. Payment of assessments by other exempt jurisdictions and entities must be established by contract.