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Mayfair Project

New Braunfels, Texas

The Mayfair Project is a 504-acre mixed-use master-planned community within the extra-territorial jurisdiction of New Braunfels, Texas. Developed by Southstar Communities, it is part of a larger 1,800-acre development including 6,000 residential units, 230 acres of commercial/industrial space, 300 acres of parks, and over 35 miles of trails.

Par Amount

$42,800,000

Coupon

5.500%

Closing Date

07/30/2024

Debt Structure

Current Interest Bonds

Pledged Revenue

Proceeds from the sale of bonds from Comal County Water Improvement District No. 3 & 3A

Use of Proceeds

Reimbursement of eligible public improvements

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