Why Use a Sanitary & Improvement District
The SID model has become a sustainable and effective tool to provide financing for the funding of infrastructure improvements…
Benefits
SID Trustees
SID Governance
All SIDs are governed by a five-member Board of Trustees.
Key Players
Key Players
One of the most important factors to ensure the success of an SID is the team of professionals involved in its formation.
SID Debt
Debt-Issuance Process
SIDs have the power to borrow money by issuing warrants and general obligation bonds…
SID History
SIDs: A Brief history
The need for SIDs began after World War II, when the demand for housing increased as soldiers returned home…
SID Timeline
SID Timeline
Step 1: Land Acquisition – 12-36 months
Step 2: SID Formation – 60 days…