West Preston Municipal Utility District No. 1 Organizational Meeting Minutes December 2023
District Approves Reimbursement Agreement With M/I Homes
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Description
West Preston Municipal Utility District No. 1 approved a Reimbursement Agreement with M/I Homes of DFW, LLC to repay advanced funds for District facilities and operating expenses. The agreement allows reimbursement from future tax-exempt bond proceeds if feasible.
Contract Details
Vendor
M/I HOMES OF DFW LLC
Agency
West Preston Mud 1 Of Collin County, TX
Contract Type
FINANCIAL_SERVICES
Document Date
December 6, 2023
Renewal Info
Reimbursement continues until eligible developer advances for facilities and costs are repaid from available District funds or bond proceeds; no fixed term stated.
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