
Board members from the River Place Limited District and the River Place Homeowners Association met for a joint meeting April 4 to discuss the upcoming election that will include ratifying the Limited District as well as its property tax rate. (from left) Tim Mattox, Ivar Rachkind, Scott Crosby, Pat Reilly, Lee Wretlind, Claudia Tobias and Art Jistal. Leslee Bassman
Voters set to approve district, tax rate May 5
By LESLEE BASSMAN, Four Points News
Although the Strategic Partnership Agreement, or SPA, between the city of Austin and the River Place Municipal Utility District provided for a maximum $0.50 per $100 valuation ad valorem tax, the subdivision’s River Place Limited District officers voted unanimously April 4 to instead cap that property tax at $0.15 per $100 of assessed valuation. The MUD was converted into a Limited District when the community was fully annexed by Austin on Dec. 15. Continue reading