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Elevon Project

Lavon and Nevada, Texas

The Elevon Project is a 291-acre master-planned community within the extra-territorial jurisdiction of Lavon, Texas, and Nevada, Texas. Developed by MA Partners, it is part of a larger 1,500-acre development that will include 4,500 residential units and commercial spaces.

Par Amount

$19,320,000

Coupon

5.000%

Closing Date

08/07/2024

Debt Structure

Current Interest Bonds

Pledged Revenue

Proceeds from the sale of bonds from Elevon Municipal Utility District No. 1A

Use of Proceeds

Reimbursement and funding of eligible public improvements

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