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Sugar Land 4B board approves $7 million reallocation for Lake Pointe Green park space
Summary
The Sugar Land 4B Corporation on May 20 approved a $7 million budget amendment shifting $3.4 million from the 4B fund balance and $3.6 million from the Reserve for Opportunity to support creation of more than five acres of park and civic space at Lake Pointe Green, following prior authorization by resolution R25-06.
The Sugar Land 4B Corporation voted 5-0 on May 20, 2025, to approve a budget amendment reallocating funds to support the Lake Pointe Green project, a planned civic-park development of more than five acres.
Devin Rodriguez, Director of Development Redevelopment for the City of Sugar Land, told the board the amendment would draw $3.6 million from the 4B Reserve for Opportunity and $3.4 million from the Sugar Land 4B fund balance to fulfill a $7 million authorization the 4B…
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