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Glossary

Development Period – Period during a home is constructed. During this period, the Easton Park Reviewer is the Declarant[1]Master Covenant – 6.01.

Final Plat – The final plat is the legal document that is recorded. The sale of subdivided lots can only proceed after this recording. The primary purpose of the final plat is to delineate property boundaries and to describe and dedicate rights-of-way and easements. The final plat shall cover the area which is realistically designated for transfer or sale of lots.

Municipal Utility District (MUD) – Political subdivision of the State of Texas authorized by the Texas Commission on Environmental Quality (TCEQ) or the Legislature. Provides water, sanitary sewer, drainage, recreational facilities, and fire fighting services within the MUD boundaries. May vary in size, but generally serves master-planned communities of a few hundred households, or more. May issue bonds paid for by homeowners through a tax. Generally dissolved upon annexation.[2]Utility District and Special District – Bi-Annual Update – October 14, 2020

Median Family Income (MFI)

Watershed – Also known as a drainage basin is an area that separates where water drains to different rivers or bodies of water.[3]City of Austin’s Watershed Protection Program

Updated on July 25, 2021
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