An LID is a tax placed upon land owners for one specific purpose. This purpose would be for the construction of the road. The city of San Pedro would levy it. The payments to the LID have to go to the pay off of the road. The city would have contracted it through the construction company and the bank. The bank would pay the construction company and the LID assessment will pay back the loan in a span of ten years or whatever the time would be set at. This gets the road going and finished now. The city would then be on the lamb for the pay back and it would have the right to take your property and sell it if not paid when due. Could be quarterly but usually yearly.

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