Fate Municipal Development District No. 1 Board of Directors Meeting Agenda Packet May 2026
MDD Ratifies Lease Agreement Changes with Fate Place LLC
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Description
The Fate Municipal Development District will ratify an agreement with Fate Place, LLC, as tenant under the Ramston Development ground lease, along with the project lender BankPlus. The ratified documents adjust lease terms to accommodate refinancing while protecting City and MDD interests.
Contract Details
Vendor
FATE PLACE LLC
Agency
City of Fate, TX
Contract Type
FACILITIES
Document Date
May 12, 2026
Renewal Info
Ratification applies to an agreement executed May 4, 2026 that amends certain ground lease provisions; specific renewal or extension options are not detailed in the provided text.
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