Heights of Castroville PID Bond Limit Set at $6 Million
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Description
Castroville approved an amendment to its agreement with NP Homes LLC for The Heights of Castroville PID, capping PID bond issuance at $6 million. The amendment preserves all prior agreement terms for ongoing residential public infrastructure financing.
Contract Details
Contract Amount
Not to exceed $6,000,000 in PID Bonds
Vendor
NP HOMES LLC
Agency
City of Castroville, TX
Contract Type
OTHER
Document Date
August 13, 2025
Contract Term
Bond Term: 30 years; Amendment Effective August 12, 2025
Renewal Date
2056-10-01
Renewal Info
Development Agreement effective since March 28, 2023; First Amendment adopted August 12, 2025. Further amendments or extensions will require mutual written agreement.
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