Developers see refund for performance bond

  • The Drace is 47 thin lots on canals that open to Lake LBJ and front on Ranch Road 1431 in Kingsland.
    The Drace is 47 thin lots on canals that open to Lake LBJ and front on Ranch Road 1431 in Kingsland.
The upscale waterfront “The Drace” development on the Colorado arm of Lake LBJ in Kingsland clicked over another milestone this week when developers sought – and got – a refund of a performance bond from Llano County. The bond was to ensure that roads in the development met county standards, said Pct. 3 Commissioner Mike Sandoval, in whose precinct the project is. “They (developers) post those…

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