Heartland Town Center PID

Heartland Town Center Public Improvement District was created in Decem-ber 2017 and encompasses a 121.282 acre residential tract generally located south of IH-20, east of FM 741 and north of Heartland Parkway in Kaufman County.

The residential tract is zoned Planned Development - Single Family Residen-tial and is being developed by D. R. Horton as the Trailwind subdivision. Trailwind will be developed in two phases and D.R. Horton will construct their Express Homes brand of affordable housing.

In September 2018, the City Council issued two issues of special assess-ment revenue bonds, Phase 1 bonds in the amount of $5,410,000 to finance au-thorized public improvements that provide a special benefit to only property within Phase 1 of the development, and $1,835,000 to finance those improve-ments that benefit the entire development, called Phase 2 Major Improvements. The debt service on the bonds are paid through a property assessment levied each year on each property owner within the residential tract.

Phase 1 with 210 home sites is nearing completion and have homes cur-rently for sale. Development of Phase 2 is expected to begin in 2022 to include 240 home sites. The total value of the Trailwind development at completion is ex-pected to be $107,470,000.

Town center