LUMBERTON, Texas — The Lumberton utility district has passed a $472M bond in favor of a 'master planned community'.
Even though there were three precincts that surround the defined construction area with thousands of potential voters, only one person's vote really counted and it's the developers.
"This is the first master planned community in the Golden Triangle," said President of B.E. Development Patrick Hoffman.
Lumberton's District Utility Manager Robb Starr says typically the developer pays for all the infrastructure expenses related to their project.
"Because we're gonna have 32 hundred acres that'll be master planned for utilities which is not something that normally happens," said Starr. "In doing so the infrastructure is so expensive, especially just starting off. It's not something that you can capture at the sale of a lot. So this one is set up for reimbursement."
