Commissioners approve 15% bond reduction for Lakeland Ranch amid unfinished road concerns
The court approved lowering certain Lakeland Ranch bond amounts by 15% to reflect completed work while retaining leverage to require corrections on failed road work; commissioners debated matching the developer's 10% request and considered maintenance holdbacks.
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Tyler County's Commissioners Court approved a 15% reduction across several Lakeland Ranch performance bonds while debating the condition of roadwork and the county's authority to retain maintenance deposits for unfinished sections.
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