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Northspur

City of Terrell, Kaufman County, Texas

The Northspur project is a 700-acre primarily residential master-planned community located in the City of Terrell, Kaufman County, Texas. At full build-out, the project will include 1,527 single-family residential units, 46 acres of commercial development, 292 acres of industrial development, and various community amenities. The project is being developed by Starwood Land and is located within Kaufman County Water Control & Improvement District No. 1.

Par Amount

$29,004,791.80

Coupon

6.500%

Closing Date

05/29/2025

Debt Structure

Capital Appreciation Bonds

Pledged Revenue

Proceeds from the sale of bonds from Kaufman County Water Control & Improvement District No. 1

Use of Proceeds

Reimbursement and funding of eligible public improvements

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