Houston – Attorneys Timothy G. Green and Hicham Chiali represented Lone Star Planned Developments as developer’s counsel in connection with the issuance of $2,012,000 Forestbrook Public Improvement District No. 1, Improvement Area #1 Special Assessment Revenue Bonds, Series 2025. The bonds will reimburse Lone Star Planned Developments approximately $1.7 million in eligible public improvement and infrastructure costs serving Forestbrook, an approximately 196-acre master planned residential community located in the City of Paris, Texas and includes 330 single-family home lots and related amenities.
Public Improvement Districts (“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.
