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Commissioners approve Estates at Eagle Mountain Lake development agreement; county says no direct fiscal impact
Summary
The commissioners approved a development agreement and PID framework for the Estates at Eagle Mountain Lake on Oct. 14, enabling infrastructure to be built and reimbursed through developer advances and future assessment bonds rather than direct county funding.
Tarrant County commissioners voted 4–1 on Oct. 14 to approve an order authorizing the Estates at Eagle Mountain Lake development agreement and related steps toward a Public Improvement District (PID). The project encompasses roughly 836 acres in the county’s northwest area near the Bonds Ranch corridor; materials presented to the court describe a mix of residential lots, an elementary school site, parks and hike‑and‑bike trails, and major roadway and water/wastewater improvements.
County staff said the development agreement sets responsibilities among the developer, Tarrant County and the City of Fort Worth for design, phasing and delivery of roads, utilities and public amenities. Staff emphasized the financing structure is based on developer…
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