Free screener
Improvement District bond feasibility screener
Answer seven questions to see how your project lines up with the factors that usually decide PID, TIF and CID bond feasibility. Free and educational; your detailed breakdown is emailed-gated so a Globus advisor can follow up if you want.
Next steps
Bond Feasibility Report ($499). A premium diagnostic and paid first step: a written review of your site and inputs before you commit to the petition. The $499 is credited toward the $100,000 petition fee if you engage Globus within 90 days.
Educational information only. Not legal, tax, municipal-advisory, investment or lending advice, and not an offer or commitment to lend or to issue bonds. District rules, thresholds and timelines vary by state and municipality; consult bond counsel and qualified advisors. Calculator outputs are illustrative estimates, not quotes or approvals.
Why petitions require a full-service team
Improvement District petitions are statutory, multi-party processes. Requirements are typical examples and vary by state, city and county:
- High consent thresholds. Many statutes require owners of a majority of land area or value; some states (Utah, for example, for certain PIDs) can require consent from 100% of owners.
- Statutory petition contents. Legal descriptions and boundary maps, feasibility and market studies, environmental reports, a financing plan and a Service & Assessment Plan are commonly required.
- Pre-filing notices and meetings. Some jurisdictions expect pre-filing meetings with city officials and notice periods; in some Texas jurisdictions this can run 30–45 days before filing.
- Public hearings and approval. The governing body typically holds public hearings and must adopt resolutions creating the district and authorizing bonds.
- Municipal advisor involvement. Some states and issuers require or expect a registered municipal advisor on the transaction.
- Value-to-lien around 3:1. Bond size is commonly constrained to roughly one-third of appraised post-improvement value.
- Engineering and appraisal studies. Certified engineering cost estimates and an independent appraisal support the improvement schedule and the amount of bonds the issuer may consider.
- Local policies vary. Cities and counties often adopt their own district policies, fees and underwriting criteria on top of state law.
That is why the done-for-you Globus Bond Petition Service ($100,000) represents you, the developer or landowner, and coordinates your consultants, engineers and appraisers, working alongside the issuer’s municipal advisor and bond counsel. The free screener and the $499 Feasibility Report (credited toward the service within 90 days) are the on-ramps to it.
Done-for-you · Globus Bond Petition Service
Developer-side petition support through municipal resolution
Globus Capital Advisors works for you, the developer or landowner, from site evaluation through the city or county resolution: eligibility review, assembling your project team (engineers, appraiser and your own counsel), preparing the full petition package and supporting the Service & Assessment Plan process. The issuer is represented by its own municipal advisor and bond counsel; Globus works alongside them on your behalf and does not advise the municipality or issuer.
Upfront fee, as published on globuscapitaladvisors.com$100,000
Pre-petition third-party costs (pro formas, plans, engineering, surveys, zoning or annexation) are separate and project-specific. The $100,000 petition service is engaged by consultation only and is not sold online. The optional $499 Bond Feasibility Report can be purchased online.