Lennar Receives Approval for Major Smiley Ranch Reimbursement
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Description
Board approved a significant reimbursement to Lennar, up to $8,380,937.62, for eligible expenses at Smiley Ranch under the terms of the Development Agreement.
Contract Details
Contract Amount
up to $8,380,937.62
Vendor
LENNAR
Agency
City of San Antonio city, TX
Contract Type
OTHER
Document Date
May 26, 2026
Renewal Info
Continues under broader Development Agreement, with payment schedule reliant on increment availability.
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