Transaction Details

Par Amount:

$8,300,000

Interest Rate:

6.250%

Closing Date:

September 13, 2023

Debt Structure:

Capital Appreciation Bonds

Pledged Revenue:

Proceeds from the sale of bonds from Williamson County MUD No. 1

Use of Proceeds:

Reimbursement of eligible public improvements

Hartland Ranch

Caldwell County

  • The project is located in Lockhart, Caldwell County, approximately 35 miles south of downtown Austin. The project is being developed by Ranch Road Development.
  • The project is anticipated to include 306 single-family homes.
  • At the time of issuance:
    • 31% of the lots were completed.
    • 100% of the lots were under contract.

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