Aubrey sets PID reimbursements for Palomino project
Town of AubreyCity · AR- Disclosed value
- $5,639,000 (assessment-backed reimbursement; part of total $10,485,268 PID costs)
- From agendapacket
- Document date
- Jul 6, 2026
The 30-second brief
The City of Aubrey approved a preliminary service and assessment plan for the Palomino Public Improvement District, under which Lennar Homes of Texas Land and Construction, Ltd. will be reimbursed up to $5,639,000 for eligible public infrastructure from special assessments and potential PID bonds. The plan outlines roughly $9.45 million in Authorized Improvements and a total PID program of about $10.49 million to support development of approximately 300 single-family lots.
Lennar Homes of Texas Land and Construction Ltd holds this construction contract with Town of Aubrey. Its other public contracts on record include work for City of Princeton and City of San Marcos city.
Term as filed: Assessments beginning with first billing due January 31, 2027 and continuing until reimbursable Authorized Improvement costs, interest, and administrative expenses are fully paid.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Construction
- Amount
- $5,639,000 (assessment-backed reimbursement; part of total $10,485,268 PID costs)
- Document date
- July 6, 2026
- Term
- Assessments beginning with first billing due January 31, 2027 and continuing until reimbursable Authorized Improvement costs, interest, and administrative expenses are fully paid
- Agency
- Town of Aubrey
- Source document
- City of Aubrey AgendaPacket Special Meeting 2026-07-09 (AgendaPacket)
Lennar Homes of Texas Land and Construction Ltd's other public contracts
More Town of Aubrey contracts
Questions about this contract
Who was awarded the construction contract by Town of Aubrey?
Lennar Homes of Texas Land and Construction Ltd was awarded this construction contract by Town of Aubrey, as recorded on July 6, 2026. The contract value is $5,639,000 (assessment-backed reimbursement; part of total $10,485,268 PID costs).
How much is the Lennar Homes of Texas Land and Construction Ltd contract with Town of Aubrey worth?
The Lennar Homes of Texas Land and Construction Ltd contract with Town of Aubrey is valued at $5,639,000 (assessment-backed reimbursement; part of total $10,485,268 PID costs), covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Aubrey AgendaPacket Special Meeting 2026-07-09 (AgendaPacket), dated July 6, 2026 from Town of Aubrey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Lennar Homes of Texas Land and Construction Ltd hold?
Lennar Homes of Texas Land and Construction Ltd may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Aubrey currently buying?
Explore Town of Aubrey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.