Grapevine Wash Local District public meetings in 2024
3 substantive meetings from 2024, with official agendas or minutes and plain-English summaries.
Board of Trustees
The Board of Trustees is reviewing an ordinance to levy assessments for a 345-acre residential and commercial development. These funds will finance infrastructure including roads, water systems, and parks. Total estimated costs for these improvements are approximately $69.7 million.
- $55,333,000 in assessments to be levied within the Assessment Area
- Estimated total improvement costs of $69,714,027
- Development covers approximately 345 acres for residential and commercial use
- Infrastructure includes water, sewage, roads, electricity, and parks
Board of Trustees
The Board is designating Grapevine Wash Assessment Area No. 1 to finance infrastructure improvements. These improvements will support a 345-acre residential and commercial development. The project covers water systems, roads, and park facilities.
- Designation of Grapevine Wash Assessment Area No. 1
- Estimated $69,714,027 total cost for improvements
- Planned financing via assessment bonds at an estimated 6.750% interest rate
- Infrastructure includes water systems, roads, and parks for a 345-acre development
Board of Trustees
The Board of Trustees will consider annexing approximately 25 acres and purchasing 112.5 acres from Grapevine Development, LLC for roads, utilities, and recreation. The agenda also includes resolutions regarding the issuance of special assessment and general obligation bonds.
- Annexation of approximately 25 acres via Resolution 2024-03
- Purchase of ~112.5 acres from Grapevine Development, LLC for infrastructure and view protection
- Issuance of up to $55,333,000 in special assessment bonds (Series 2024A-2)
- Issuance of up to $88,000,000 in general obligation bonds (Series 2024A-1)