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Staff recommends release of $1.24 million performance bond for Peach Crossing subdivision
2367861 · February 20, 2025
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Summary
City staff reported that LGI Homes’ Peach Crossing subdivision (about 13.6 acres, 52 lots) has completed required infrastructure and recommended release of the $1,240,000 performance bond previously posted to guarantee completion.
City staff presented Resolution R25-07 concerning LGI Homes’ Peach Crossing subdivision at Pollard Road and Eloise Loop (also referenced as Eagle Lake Loop Road). Staff described the development as approximately 13.6 acres with 52 building lots and seven common lots; utilities…
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