city-of-aubrey-trailhead-development-agreement_546.pdf
SMC Development awarded $64M public infrastructure contract
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Description
SMC Development, LLC awarded a $64 million contract for construction of public improvements in Aubrey, Texas, effective 2025 for 40 years, including PID and TIRZ financing and annexation.
Contract Details
Contract Amount
$64,000,000.00
Vendor
SMC DEVELOPMENT
Agency
Ribbonwood Mud 1 Of Denton County, TX
Contract Type
Construction
Document Date
January 1, 2025
Contract Term
Effective Date – 40 years
Renewal Date
NA
Renewal Info
Reimbursement Agreement and PID Bonds issuance up to $80 million; subject to City Council approval and bond market conditions
More from SMC DEVELOPMENT
Related Contracts
city_council_meeting_staff_report_october_2025.pdf
approvedcity-of-aubrey-city-council-meeting-agenda-september-25-2025_d3a.pdf
pendingcity_council_meeting_minutes_september_25_2025.pdf
pendingtrailhead_development_agreement.pdf
pendingMore from Ribbonwood Mud 1 Of Denton County
city-of-aubrey-resolution-no-1023-25-october-23-2025_c23.pdf
city_of_aubrey_sole_source_purchase_resolution.pdf
city_council_meeting_staff_report_october_2025.pdf
city_council_meeting_staff_report_water_line_bid_a.pdf
city_of_aubrey_resolution_1029_25_annexation.pdf
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