Bischoff's attorneys, Tim Hutchinson and Larry McCredy of Reece Moore Pendergraft will be present.
The lawsuit contends that HISID has violated state statutes in its recent Assessment of Benefits and has for years collected illegal fees and made illegal contracts outside what the state allows a suburban improvement district to do.
Topics to be covered include the reasons for the suit, how it impacts property owners, what purposes it will achieve, how it affects the continued existence of the district and "basic options on how the entire situation can be dealt with."
The meeting will include an open question and answer session.
"The overwhelming positive feedback and support of the Holiday Island community is much appreciated," Bischoff wrote. "While there are significant issues to deal with, and it will not be inexpensive or painless, Holiday Island's problems can be solved."