It's not a local community, but the whole city. Not sure who came up with the naming conventions or when (the city was founded in 1957, so I'd assume the naming conventions were also established shortly thereafter), but I agree, it's a little backwards.
Definition of a court:
an open space enclosed wholly or partly by buildings or circumscribed by a single building
In other words - a cul-de-sac.
Lane: a strip of roadway for a single line of vehicles
So, your community must be full of braindead idiots who never went to school to learn what words mean.