Harris Ranch Community Infrastructure District No. 1 - Regular Meeting

The Harris Ranch Community Infrastructure District No. 1 held a regular meeting on June 16, 2026, focusing primarily on district growth dynamics, tax levy structures, and potential contract management. The board discussed how the number of residences subject to the CID tax grows with new construction and how the fixed levy funds infrastructure debt service. They reviewed the financial implications of growth and property valuation increases on tax payments. A significant portion of the meeting was dedicated to considering Blackwood Advisors as a potential external district manager. Blackwood Advisors presented their qualifications, scope of services including financial reporting, assessment billing, and public records management, and addressed concerns about conflicts of interest and liability for board members. The board expressed support for moving forward with contract negotiations with Blackwood Advisors, with plans to finalize a tri-party agreement and transition management by October 1, 2026. Additionally, updates were provided on a bond refinancing process aimed at reducing resident tax burdens. The meeting concluded with a motion to adjourn after affirming the direction to pursue external management services.