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Waterstone Project

Hays County, Texas

Waterstone is a 699-acre primarily residential master-planned community located in unincorporated Hays County. The development is entirely within LaSalle Municipal Utility District Nos. 1 & 2. At full build-out, the project will include over 2,000 residential units, approximately 47 acres of industrial space, an elementary school, and various parks and trails. The project is being developed by Waterstone Land Partners.

Par Amount

$53,575,000

Coupon

5.500%

Closing Date

10/29/2024

Debt Structure

Current Interest Bonds

Pledged Revenue

Proceeds from the sale of bonds from LaSalle Municipal Utility District Nos. 1 & 2

Use of Proceeds

Reimbursement and funding of eligible public improvements

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