Houston – Attorneys Timothy G. Green and Krystal Ann Joseph represented Toll Brothers, as developer’s counsel in connection with the issuance of $12,633,000 Savannah Ranch Public Improvement District, Improvement Area #1 Special Assessment Revenue Bonds, Series 2026. The bonds were issued to finance and reimburse costs associated with infrastructure and public improvements serving Clara Vista at Waterridge, an approximately 201-acre master planned residential community located in the City of Kyle, Texas and includes 123 single family home lots and related amenities. Public Improvement District (“PIDs”) have been increasingly utilized as an alternative to traditional public financing methods for infrastructure in residential developments and Coats Rose, P.C., continues to play a leading role in guiding clients in PID financing across Texas.
