What is the difference between an LID and ULID?
The main difference between LIDs and ULIDs is the type of bond issued to finance the improvements. LID bonds are secured solely by assessments against the benefitted property; with a ULID, revenue bonds are issued. These bonds are secured by property assessments to benefit property owners and not revenues to the City’s water and sewer utility. Property owners in an improvement district can ask the City Council to form a ULID. The Council has the final decision on whether a LID or ULID is formed.

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1. What is an LID?
2. Why form an improvement district?
3. What are the advantages of an LID?
4. What are the disadvantages of an LID?
5. How long does it take?
6. Is there any limit on the size of an LID?
7. What is a ULID?
8. What is the difference between an LID and ULID?
9. Can I protest the LID?
10. How do I protest?
11. What costs are involved in an improvement district?
12. Who is responsible for these costs?
13. Why doesn’t the City pay for these improvements using taxes paid by citizens?
14. How does the City levy LID assessments?
15. Are there any upfront, or initial, costs?