Developers pitch La Luna Fields subdivision and request PID financing for roads, utilities and park
Developers of the proposed La Luna Fields subdivision presented a plan for roughly 308 acres north of Leander and said a public improvement district (PID) would be needed to finance roughly $19–$24 million in infrastructure; city staff and councilors asked questions about road extensions, disclosure and long-term impacts.
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Developers and their bond underwriters presented the La Luna Fields master plan to the Leander City Council on July 1 and said a public improvement district would be required to make the project financially viable.
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