Transaction Details

Par Amount:

$14,215,000

Interest Rate:

8.300%

Closing Date:

March 15, 2023

Debt Structure:

Capital Appreciation Bonds

Pledged Revenue:

Proceeds from the sale of bonds from Walden Pond Fresh Water Supply District

Use of Proceeds:

Reimbursement of eligible public improvements

Walden Pond

Kaufman County

  • The project is located in Kaufman County, approximately 21 miles east of downtown Dallas. The project is being developed by Centurion American.
  • The project is anticipated to include 1025 single-family homes.
  • At the time of issuance:
    • 0% of the lots were completed.
    • 100% of the lots were under contract.