City of Castroville City Council Regular Called Meeting Agenda Packet
Castroville Amends Flat Creek Development Agreement
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Description
The City of Castroville is approving a Second Amendment to its Development Agreement with KF Flat Creek, LP for the Flat Creek residential project. The amendment, effective April 28, 2026, adjusts PID bond limits, financial ratios, and utility service provisions while keeping the overall 20‑year development framework in place.
Contract Details
Vendor
KF FLAT CREEK LP
Agency
City of Castroville, TX
Contract Type
OTHER
Document Date
May 12, 2026
Contract Term
Second Amendment effective April 28, 2026; original Development Agreement dated August 24, 2023; overall Development Agreement term twenty years from August 24, 2023
Renewal Date
2043-08-24
Renewal Info
Second Amendment modifies financial, utility, and administrative provisions of the 20‑year Development Agreement originally effective August 24, 2023; no change to overall term is indicated.
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