Collin County Cost Sharing Agreement - With Deposit 2026-05-22
Cost Sharing Agreement for CR 437 Roadway Improvements
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Description
Collin County entered a cost sharing agreement with Lennar Homes of Texas Land and Construction, LTD for CR 437 roadway improvements. Lennar will deposit $112,002.60, representing 45.8% of the estimated total project cost, to be used when the county commences the project within 15 years.
Contract Details
Contract Amount
$112,002.60 (Developer share)
Vendor
LENNAR HOMES OF TEXAS LAND AND CONSTRUCTION LTD
Agency
Collin County, TX
Contract Type
CONSTRUCTION
Document Date
May 22, 2026
Contract Term
Project to commence within 15 years of agreement effective date
Renewal Date
2041-05-22
Renewal Info
Project must commence within 15 years. If not, escrowed funds are returned to Lennar with interest. No automatic renewal or extension.
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