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Slow Moving - County stuck with Parkway East PID land; out more than $2M

Parkway East PID shown in green. Blue strips indicate a floodplain. MCEDA map provided by Mike Espy.

MADISON COUNTY has spent more than $2 million on the Parkway East Public Improvement District (PID) and will likely have a hard time getting its money back, with land not selling and litigation ongoing.

Due to recent resignations, the PID is down to one board member, and the county has to appoint two or three more in the next couple of weeks. The PID needs a quorum in order to send notice of PID assessments to the Madison County Tax Assessor by August 15, said attorney Bob Montgomery, who represents Parkway East.

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