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OTHERAMENDED

city-of-castroville-planning-and-zoning-commission-meeting-agenda_d4f.pdf

Heights of Castroville PID Bond Limit Set at $6 Million

Not to exceed $6,000,000 in PID BondsCity of CastrovilleNP HOMES LLCAugust 13, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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