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HomeMy WebLinkAbout01-13-2026 Executive Session & Regular Meeting Packet AGENDA City Council Executive Session Tuesday, January 13, 2026 @ 5:30 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna will meet in an Executive Session on Tuesday, January 13, 2026, at 5:30 PM, in the Anna Municipal Complex – Council Chambers, located at 120 W. 7th Street, to consider the following items. 1. Call to Order, Roll Call, and Establishment of Quorum. 2. Executive Session (Exceptions). Under Tex. Gov't Code Chapter 551, the City Council may enter into Executive Session to discuss any items listed or referenced on this Agenda under the following exceptions: a. Consult with legal counsel regarding pending or contemplated litigation and/or on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov’t Code §551.071). Potential regulations regarding city apparel, Council communications policies and platform, and/or public meeting attendance; state law compliance; service contract; employment contract; policies on improvement districts. b. Discuss or deliberate the purchase, exchange, lease, or value of real property (Tex. Gov’t Code §551.072). c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the City is conducting economic development negotiations; or (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov’t Code §551.087). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). City Manager. City Council. The Council further reserves the right to enter into Executive Session at any time throughout any duly noticed meeting under any applicable exception to the Open Meetings Act. 3. Consider/Discuss/Action on any items listed on any agenda - executive session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. 4. Adjourn. 1. The Council may vote and/or act upon each of the items listed on this Agenda. 2. The Council reserves the right to retire into executive session concerning any of the items listed on this Agenda, whenever it is considered necessary and legally justified under the Open Meetings Act. 3. In accordance with the Americans with Disabilities Act, it is the policy of the City of Anna to offer its public programs, services, and meetings in a manner that is readily accessible to everyone, including individuals with disabilities. If you are a person with a disability and require information or materials in an appropriate alternative format, or if you require any other accommodation, please contact the ADA Coordinator at least 48 working hours in advance of the event by emailing adacompliance@annatexas.gov. Advance notification within this guideline will enable the City to make reasonable arrangements to ensure accessibility. AGENDA City Council Meeting Tuesday, January 13, 2026 @ 6:00 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna will meet on Tuesday, January 13, 2026, at 6:00 PM, in the Anna Municipal Complex – Council Chambers, located at 120 W. 7th Street, to consider the following items. Welcome to the City Council meeting. If you wish to speak on an Open Session agenda item, please fill out the Opinion/Speaker Registration Form and turn it in to the City Secretary before the meeting starts. 1. Call to Order, Roll Call, and Establishment of Quorum. 2. Invocation and Pledge of Allegiance. American Pledge: I pledge allegiance to the flag of the United States of America, and to the Republic for which it stands, one nation under God, indivisible, with liberty and justice for all. Texas Pledge: Honor the Texas flag; I pledge allegiance to thee, Texas, one state under God, one and indivisible. 3. Neighbor Comments. At this time, any person may address the City Council regarding an item on this meeting Agenda that is not scheduled for public hearing. Also, at this time, any person may address the City Council regarding an item that is not on this meeting Agenda. Each person will be allowed up to three (3) minutes to speak. No discussion or action may be taken at this meeting on items not listed on this Agenda, other than to make statements of specific information in response to a citizen's inquiry or to recite existing policy in response to the inquiry. 4. Reports. Receive reports from Staff or the City Council about items of community interest. Items of community interest include: expression of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition of a public official, public employee, or other citizen (but not including a change in status of a person's public office or public employment); a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality; and announcements involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the Agenda. 5. Work Session. a. Presentation from Hilltop Securities Inc. regarding Sherley Farms Public Improvement District Improvement Area #1 Project. (Director of Public Works Joseph Cotton) 6. Consent Items. These items consist of non-controversial or "housekeeping" items required by law. Items may be considered individually by any Council Member making such request prior to a motion and vote on the Consent Items. a. Approve City Council Meeting Minutes for December 9, 2025, December 16, 2025, and January 5, 2026. (City Secretary Carrie Land) b. Review Minutes of the November 13, 2025, Joint Community Development Corporation and Economic Development Corporation Board Meeting with City Council. (Assistant Director of Economic Development Natasha Roach) c. Review Minutes of the November 3, 2025, Planning & Zoning Commission Meeting. (Director of Development Services Kaleb Kentner) d. Approve a Resolution authorizing the Anna Police Department to apply for the Active Attack Response Equipment Grant. (Assistant Police Chief Terry Eoff) 7. Items For Individual Consideration and Public Hearings. At the time and place of any public hearing held during this meeting, all persons who desire will have an opportunity to be heard in opposition to or in favor of the ordinance, application, or other proposed item. a. Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance regarding the disannexation of six acres for the Hurricane Creek Country Club. (ANX 25- 0008) (Planning Manager Lauren Mecke) b. Discuss, Consider and Take Appropriate Action to adopt a Resolution of the City of Anna, Texas determining the costs of certain Authorized Improvements to be financed by the Sherley Farms Public Improvement District for Improvement Area #1 thereof; Approving a Preliminary Service Plan and Assessment Plan, Including the proposed Assessment Roll for Improvement Area #1; Calling a Regular Meeting and Noticing a Public Hearing for February 10, 2026, to Consider an Ordinance Levying Assessments on property located within Improvement Area #1 of said District; Directing the Filing of the proposed Assessment Roll with the City Secretary to make available for public inspection; Directing City Staff to publish and mail notice of said Public Hearing; and Resolving other matters incident and related thereto. (Director of Public Works Joseph Cotton) c. Consider/Discuss/Action on a Resolution entering into a Municipal Services Agreement regarding 2.4± acres located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow. (ANX 25-0007)(Director of Development Services Kaleb Kentner) d. Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance for annexation of 2.4± acres located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow. (ANX 25-0007) (Director of Development Services Kaleb Kentner) e. Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance establishing zoning of 2.4± acres located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow to Local Commercial (C-1) District. (ZONE 25-0004) (Director of Development Services Kaleb Kentner) 8. Closed Session (Exceptions). Under Tex. Gov't Code Chapter 551, the City Council may enter into Closed Session to discuss any items listed or referenced on this Agenda under the following exceptions: a. Consult with legal counsel regarding pending or contemplated litigation and/or on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov’t Code §551.071). Potential regulations regarding city apparel, Council communications policies and platform, and/or public meeting attendance; state law compliance; service contract; employment contract; policies on improvement districts. b. Discuss or deliberate the purchase, exchange, lease, or value of real property (Tex. Gov’t Code §551.072). c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the City is conducting economic development negotiations; or (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov’t Code §551.087). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). City Manager. City Council. The Council further reserves the right to enter into Closed Session at any time throughout any duly noticed meeting under any applicable exception to the Open Meetings Act. 9. Consider/Discuss/Action on any items listed on any agenda - executive session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. 10. Adjourn. This is to certify that I, Carrie L Land, City Secretary, posted this Agenda on the City’s website (www.annatexas.gov) and at the Anna Municipal Complex bulletin board at or before 5:00 p.m. on 01/07/2026. Carrie L. Land, City Secretary 1. The Council may vote and/or act upon each of the items listed in this Agenda. Notwithstanding the foregoing or any other statement in this Agenda, the Council shall not take action on any item until after providing an opportunity for public testimony under the "Neighbor Comments" item or after any public hearing held under applicable law. 2. The Council reserves the right to retire into closed executive session concerning any of the items listed on this agenda, whenever it is considered necessary and legally justified under the Open Meeting Act. 3. In accordance with the Americans with Disabilities Act, it is the policy of the City of Anna to offer its public programs, services, and meetings in a manner that is readily accessible to everyone, including individuals with disabilities. If you are a person with a disability and require information or materials in an appropriate alternative format, or if you require any other accommodation, please contact the ADA Coordinator at least 48 working hours in advance of the event by emailing adacompliance@annatexas.gov. Advance notification within this guideline will enable the City to make reasonable arrangements to ensure accessibility. Item No. 5.a. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Joseph Cotton AGENDA ITEM: Presentation from Hilltop Securities Inc. regarding Sherley Farms Public Improvement District Improvement Area #1 Project. (Director of Public Works Joseph Cotton) SUMMARY: Receive a presentation from Hilltop Securities Inc. regarding Plan of Finance for the City of Anna, Texas, Special Assessment Revenue Bonds, Series 2026 (Sherley Farms Public Improvement District Improvement Area #1 Project) and provide direction to City staff and consultants to proceed with said Plan of Finance. FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: Item No. 6.a. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Carrie Land AGENDA ITEM: Approve City Council Meeting Minutes for December 9, 2025, December 16, 2025, and January 5, 2026. (City Secretary Carrie Land) SUMMARY: FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: 1. 2025-12-09 Work Session Minutes 2. 2025-12-09 Regular Meeting Minutes 3. 2025-12-16 Special Meeting Minutes 4. 2026-01-05 Special Meeting Minutes City Council Work Session Meeting Minutes Tuesday, December 9, 2025 @ 5:30 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna met in a Closed Session on Tuesday, December 9, 2025, at 5:30 PM, in the Anna Municipal Complex – Council Chambers, located at 120 W. 7th Street, to consider the following items. 1. Call to Order, Roll Call, and Establishment of Quorum. Mayor Pro Tem Toten called the meeting to order at 5:31 PM. Members Present: Mayor Pro Tem Kevin Toten Deputy Mayor Pro Tem Stan Carver II Council Member Nathan Bryan Council Member Kelly Herndon Council Member Elden Baker Council Member Manny Singh Members Absent: Mayor Pete Cain 2. Closed Session (Exceptions). a. Consult with legal counsel regarding pending or contemplated litigation and/or on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov’t Code §551.071). Potential regulations on council-branded apparel. Council Communication Policies. b. Discuss or deliberate the purchase, exchange, lease, or value of real property (Tex. Gov’t Code §551.072). c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the City is conducting economic development negotiations; or (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov’t Code §551.087). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). City Manager, City Council. MOTION: Council Member Bryan moved to enter closed session. Council Member Herndon seconded. Motion carried 6-0. Mayor Pro Tem Toten recessed the meeting at 5:33 PM. Mayor Pro Tem Toten reconvened the meeting at 6:03 PM. 3. Consider/Discuss/Action on any items listed on any agenda - work session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. No action was taken. 4. Adjourn. Mayor Pro Tem Toten adjourned the meeting at 6:04 PM. APPROVED this 13th day of January 2026. ____________________________________ Mayor Pete Cain ATTEST: _______________________________ City Secretary Carrie L. Land Regular City Council Meeting Minutes Tuesday, December 9, 2025 @ 6:00 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna met on Tuesday, December 9, 2025, at 6:00 PM, in the Anna Municipal Complex – Council Chambers, located at 120 W. 7th Street, to consider the following items. 1. Call to Order, Roll Call, and Establishment of Quorum. Mayor Pro Tem Toten called the meeting to order at 6:05 PM. Members Present: Mayor Pro Tem Kevin Toten Deputy Mayor Pro Tem Stan Carver II Council Member Nathan Bryan Council Member Kelly Herndon Council Member Elden Baker Council Member Manny Singh Members Absent: Mayor Pete Cain 2. Invocation and Pledge of Allegiance. Deputy Mayor Pro Tem Carver led the Invocation and Pledge of Allegiance. 3. Neighbor Comments. There were no neighbor comments. 4. Reports. Deputy Mayor Pro Tem Carver thanked all the staff who worked to make the tree lighting a success. 5. Work Session. a. Presentation on WhitegloveAI (City Council) Nick James, CEO of Whiteglove AI, made a presentation on the possible uses of Whiteglove AI on the City's website. b. Discussion on establishing a multidisciplinary working focus group to coordinate efforts on downtown zoning updates, development of design/illustration guidelines, and evaluation of a potential downtown historic district. (Director of Development Services Kaleb Kentner) Director of Development Services Kaleb Kentner made a presentation on the creation of a focus group for the Historic Downtown and surrounding neighborhoods. 6. Consent Items. Deputy Mayor Pro Tem Carver requested to pull item 6e. MOTION: Council Member Baker moved to approve Consent Items 6a-6d and 6f-6i. Council Member Herndon seconded. Motion carried 6 - 0. a. Approve City Council Meeting Minutes for November 12, 2025, November 17, 2025, and December 1, 2025. (City Secretary Carrie Land) b. Review Minutes of the October 2, 2025, Joint Community Development Corporation and Economic Development Corporation Board Meeting. (Director of Economic Development Joey Grisham) c. Approve a Resolution regarding a requested waiver for Wedge Stone Drive in Meadow Vista, Phase 4. (Planning Manager, Lauren Mecke) A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A WAIVER FROM ARTICLE 9.02 (SUBDIVISION REGULATIONS) RELATED TO THE MEADOW VISTA, PHASE 4, PRELIMINARY PLAT (PP 25-0019) d. Approve the Quarterly Investment Report for the Period Ending September 30, 2025. (Director of Finance Terri Doby) e. Approve an Ordinance granting to Oncor Electric Delivery Company LLC, its successors and assigns, an electric power franchise to use the present and future streets, alleys, highways, public utility easements, and public rights-of-way of the City of Anna, Texas. (Director of Finance Terri Doby) The proposed franchise has been prepared utilizing standard franchise language and reviewed by our city attorney. The franchise proposes a term of 20 years and expires on December 31, 2045. MOTION: Deputy Mayor Pro Tem Carver moved to approve. Council Member Baker seconded. Motion carried 6 - 0. AN ORDINANCE GRANTING TO ONCOR ELECTRIC DELIVERY COMPANY LLC, ITS SUCCESSORS AND ASSIGNS, AN ELECTRIC POWER FRANCHISE TO USE THE PRESENT AND FUTURE STREETS, ALLEYS, HIGHWAYS, PUBLIC UTILITY EASEMENTS, AND PUBLIC RIGHTS-OF-WAY OF THE CITY OF ANNA, TEXAS, PROVIDING FOR COMPENSATION THEREFOR, PROVIDING FOR AN EFFECTIVE DATE AND A TERM OF SAID FRANCHISE, PROVIDING FOR WRITTEN ACCEPTANCE OF THIS FRANCHISE, PROVIDING FOR THE REPEAL OF ALL EXISTING FRANCHISE ORDINANCES TO ONCOR ELECTRIC DELIVERY COMPANY LLC, ITS PREDECESSORS AND ASSIGNS, AND FINDING THAT THE MEETING AT WHICH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC. f. Approve a Resolution to approve a Joinder and Amendment to the Economic Development Incentive Agreement between Anna Economic Development Corporation, Foursquare Healthcare, LTD., and Anna RE Development, LLC. (Assistant Director of Economic Development Natasha Roach) A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A JOINDER AND AMENDMENT TO AN INCENTIVE AGREEMENT WITH ANNA RE DEVELOPMENT, LLC RELATING TO THE ANNA SKILLED NURSING PROJECT. g. Approve a Resolution authorizing the Acting City Manager to execute a professional service agreement with Kimley-Horn for Water, Wastewater and Roadway Master Plan Updates and XAK-PACK Pump Testing. (City Engineer Kevin Bates, P.E.) A RESOLUTION OF THE CITY OF ANNA, TEXAS AUTHORIZING THE ACTING CITY MANAGER TO EXECUTE AN AGREEMENT FOR PROFESSIONAL SERVICES WITH KIMLEY-HORN ENGINEERING FOR THE WATER, WASTEWATER, ROADWAY MASTER PLAN UPDATE AND XAK-PACK PUMP TESTING, IN THE AMOUNT NOT TO EXCEED TWO HUNDRED SEVEN THOUSAND DOLLARS AND ZERO CENTS ($207,000.00) AND PROVIDING FOR AN EFFECTIVE DATE. h. Approve a Resolution for an extension of the Agreement with Collin County for Animal Control Sheltering. (Director of Neighborhood Services Kevin Martin) A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING AN EXTENSION OF THE AGREEMENT WITH COLLIN COUNTY FOR ANIMAL CONTROL SERVICES. i. Approve an Ordinance designating the official newspaper as the Celina Record/Star Local Media for publishing ordinances, notices, or other matters required by law or ordinance. (City Secretary Carrie Land) AN ORDINANCE OF THE CITY OF ANNA, TEXAS PROVIDING FOR THE DESIGNATION OF THE OFFICIAL NEWSPAPER, CELINA RECORD, BY THE CITY OF ANNA, TEXAS. 7. Items For Individual Consideration and Public Hearings. a. [WITHDRAWN] Conduct a public hearing/consider/discuss/action on an Ordinance (Parks at Foster Crossing) (Planning Manager Lauren Mecke) This item was tabled at the November 17, 2025, Joint Council Meeting with the Parks and Recreation Advisory Board. The applicant has chosen to withdraw this item. b. First Reading of a Resolution approving an amendment to a project of the Anna Community Development Corporation authorizing an expenditure not to exceed $128,904 for the demolition of structures which are located on the downtown CDC-owned properties. (Assistant Director of Economic Development Natasha Roach) Two readings of the Resolution are required prior to authorization of the CDC expenditure. This was the first reading of the Resolution. Mayor Pro Tem Toten read the following: A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING THE EXPENDITURE NOT TO EXCEED $128,904 FROM THE ANNA COMMUNITY DEVELOPMENT CORPORATION TO HAWKINS CONSTRUCTION FOR CONTRACT SERVICES; AND PROVIDING AN EFFECTIVE DATE. c. Second Reading of a Resolution approving an amendment to a project of the Anna Community Development Corporation authorizing an expenditure not to exceed $128,904 for the demolition of structures which are located on the downtown CDC-owned properties. (Assistant Director of Economic Development Natasha Roach) Two readings of the Resolution are required prior to authorization of the CDC expenditure. This was the second reading of the Resolution. Mayor Pro Tem Toten read the following: A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING THE EXPENDITURE NOT TO EXCEED $128,904 FROM THE ANNA COMMUNITY DEVELOPMENT CORPORATION TO HAWKINS CONSTRUCTION FOR CONTRACT SERVICES; AND PROVIDING AN EFFECTIVE DATE. d. Consider/Discuss/Action on a Resolution approving an amendment to an Anna Community Development Corporation agreement and authorizing an expenditure not to exceed $128,904 for the demolition of structures which are located on the downtown CDC-owned properties. (Assistant Director of Economic Development Natasha Roach) This is a request for the additional expenditure of funds in the amount of $28,904 from the original approved amount of $100,000 for the unforeseen costs. The total cost for the asbestos testing, filing, and removal was $41,829.16. While the demolition costs came in under $100,000, the addition of the asbestos fees put costs over the approved amount by $28,904.16. MOTION: Council Member Herndon moved to approve. Council Member Baker seconded. Motion carried 6 - 0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, APPROVING AN AMENDMENT TO A RESOLUTION FOR AN AGREEMENT BETWEEN THE ANNA COMMUNITY DEVELOPMENT CORPORATION AND HAWKINS CONSTRUCTION AND FOR THE EXPENDITURE OF FUNDS FOR CONTRACT SERVICE PURPOSES. e. First Reading of a Resolution approving a project of the Anna Community Development Corporation authorizing an expenditure not to exceed $154,400 for contract service purposes subject to CDC Board approval. (Assistant Director of Economic Development Natasha Roach) Two readings of the Resolution are required prior to authorization of the CDC expenditure. This was the first reading of the Resolution. Mayor Pro Tem Toten read the following: A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING THE EXPENDITURE NOT TO EXCEED $154,400 FROM THE ANNA COMMUNITY DEVELOPMENT CORPORATION TO TOOLE DESIGN GROUP, LLC FOR CONTRACT SERVICES; SUBJECT TO THE CDC BOARD APPROVAL ON DECEMBER 11, 2025. f. Second Reading of a Resolution approving a project of the Anna Community Development Corporation authorizing an expenditure not to exceed $154,400 for contract service purposes subject to CDC Board approval. (Assistant Director of Economic Development Natasha Roach) Two readings of the Resolution are required prior to authorization of the CDC expenditure. This was the second reading of the Resolution. Mayor Pro Tem Toten read the following: A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING THE EXPENDITURE NOT TO EXCEED $154,400 FROM THE ANNA COMMUNITY DEVELOPMENT CORPORATION TO TOOLE DESIGN GROUP, LLC FOR CONTRACT SERVICES; SUBJECT TO THE CDC BOARD APPROVAL ON DECEMBER 11, 2025. g. Consider/Discuss/Action on a Resolution approving an agreement between the Anna Community Development Corporation and Toole Design Group, LLC and authorizing an expenditure not to exceed $154,400 for contract service purposes subject to CDC Board approval. (Assistant Director of Economic Development Natasha Roach) This Contract for Professional Services includes the Scope of Work and Fee Proposal for the Illustrative Plan for the Downtown District. Originally, this project was budgeted as a Small Area Plan for downtown, but with the onset of development and the announcement of incoming businesses, the CDC staff is requesting to revise the scope of the project to include all of the downtown area for an overall, cohesive design for future development. MOTION: Council Member Herndon moved to approve. Council Member Baker seconded. Motion carried 6 - 0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, APPROVING THE AGREEMENT BETWEEN THE ANNA COMMUNITY DEVELOPMENT CORPORATION AND TOOLE DESIGN GROUP, LLC AND FOR THE EXPENDITURE OF FUNDS FOR CONTRACT SERVICE PURPOSES SUBJECT TO APPROVAL BY THE ANNA COMMUNITY DEVELOPMENT CORPORATION. h. Conduct a Public Hearing regarding the creation of Liberty Hills Public Improvement District No. 2 pursuant to Section 372.009, Texas Local Government Code and Consider/Discuss/Action a resolution approving the creation of the Liberty Hills Public Improvement District No. 2 and Ordering Public Improvements to be made for the benefit of such District; providing for a severability clause; providing an effective date; and containing other matters relating to the subject. (Director of Economic Development Joey Grisham) Staff received a PID petition for Liberty Hills on October 29, 2025, and pursuant to Chapter 372.009, a public hearing is required to create a Public Improvement District. The Development Agreement was approved on May 14, 2024, which states that the city will use reasonable efforts to create the PID(s) for the Liberty Hills Development. This development will bring significant tax value to the city and include higher construction standards, limited sale of property to institutional investors, and a large commercial corridor. Mayor Pro Tem Toten opened the public hearing at 7:10 PM. No public comments were made. Mayor Pro Tem Toten closed the public hearing at 7:10 PM. MOTION: Council Member Singh moved to approve. Council Member Herndon seconded. Motion carried 6 - 0. A RESOLUTION REGARDING THE CREATION OF THE LIBERTY HILLS PUBLIC IMPROVEMENT DISTRICT NO. 2 AND ORDERING PUBLIC IMPROVEMENTS TO BE MADE FOR THE BENEFIT OF SUCH DISTRICT; PROVIDING FOR A SEVERABILITY CLAUSE; PROVIDING AN EFFECTIVE DATE; AND CONTAINING OTHER MATTERS RELATING TO THE SUBJECT. i. Conduct a Public Hearing regarding the creation of Liberty Hills Public Improvement District No. 3 pursuant to Section 372.009, Texas Local Government Code and Consider/Discuss/Action on a resolution approving the creation of the Liberty Hills Public Improvement District No. 3 and Ordering Public Improvements to be made for the benefit of such District; providing for a severability clause; providing an effective date; and containing other matters relating to the subject. (Director of Economic Development Joey Grisham) Staff received a PID petition for Liberty Hills on October 29, 2025, and pursuant to Chapter 372.009, a public hearing is required to create a Public Improvement District. The Development Agreement was approved on May 14, 2024, which states that the city will use reasonable efforts to create the PID(s) for the Liberty Hills Development. This development will bring significant tax value to the city and include higher construction standards, limited sale of property to institutional investors, and a large commercial corridor. Mayor Pro Tem Toten opened the public hearing at 7:12 PM. No public comments were made. Mayor Pro Tem Toten closed the public hearing at 7:12 PM. MOTION: Council Member Herndon moved to approve. Council Member Singh seconded. Motion carried 6 - 0. A RESOLUTION REGARDING THE CREATION OF THE LIBERTY HILLS PUBLIC IMPROVEMENT DISTRICT NO. 3 AND ORDERING PUBLIC IMPROVEMENTS TO BE MADE FOR THE BENEFIT OF SUCH DISTRICT; PROVIDING FOR A SEVERABILITY CLAUSE; PROVIDING AN EFFECTIVE DATE; AND CONTAINING OTHER MATTERS RELATING TO THE SUBJECT. j. First Reading of a Resolution approving a loan agreement between the Anna Community Development Corporation and Government Capital Corporation to finance land acquisition. (Director of Economic Development Joey Grisham) Two readings of the Resolution are required prior to authorization of the agreement. This was the first reading of the Resolution. Mayor Pro Tem Toten read the following: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS RATIFYING AND AUTHORIZING THE ANNA COMMUNITY DEVELOPMENT CORPORATION TO ENTER INTO A LOAN AGREEMENT WITH GOVERNMENT CAPITAL CORPORATION TO FINANCE LAND ACQUISITION. k. Second Reading of a Resolution approving a loan agreement between the Anna Community Development Corporation and Government Capital Corporation to finance land acquisition. (Director of Economic Development Joey Grisham) Two readings of the Resolution are required prior to authorization of the agreement. This was the second reading of the Resolution. Mayor Pro Tem Toten read the following: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS RATIFYING AND AUTHORIZING THE ANNA COMMUNITY DEVELOPMENT CORPORATION TO ENTER INTO A LOAN AGREEMENT WITH GOVERNMENT CAPITAL CORPORATION TO FINANCE LAND ACQUISITION. l. Consider/Discuss/Action on a Resolution approving a loan agreement between the Anna Community Development Corporation and Government Capital Corporation to finance land acquisition. (Director of Economic Development Joey Grisham) The CDC Board of Directors approved a Resolution at the CDC/EDC Joint Board Meeting that was held on November 13, 2025, approving an agreement between the CDC and Government Capital, the issuance of one or more promissory notes to pay the costs of a project, and other matters incident and related thereto for a project not to exceed $6,191,500. MOTION: Council Member Herndon moved to approve. Council Member Carver seconded. Motion carried 6 - 0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS (“CITY”), (I) APPROVING THE RESOLUTION OF THE BOARD OF DIRECTORS OF ANNA COMMUNITY DEVELOPMENT CORPORATION (“CORPORATION”) REGARDING A PROMISSORY NOTE SECURED BY AND PAYABLE FROM THE CORPORATION’S SALES AND USE TAX IN THE AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $6,191,500 FOR THE PURPOSE OF ACQUIRING REAL PROPERTY; (II) APPROVING SAID PROJECT AS AN ECONOMIC DEVELOPMENT PROJECT TO BE UNDERTAKEN BY THE CORPORATION; (III) APPROVING A SALES TAX REMITTANCE AGREEMENT BETWEEN THE CITY AND THE CORPORATION; (IV) APPROVING SUCH PROGRAMS AND EXPENDITURES BY THE CORPORATION; (V) RESOLVING OTHER MATTERS INCIDENT AND RELATED TO THE LOAN; AND (VI) AUTHORIZING THE MAYOR TO EXECUTE, ON BEHALF OF THE CITY, A GENERAL CERTIFICATE OF THE CITY AND THE SALES TAX REMITTANCE AGREEMENT. m. Conduct a Public Hearing and Consider/Discuss/Action on an Ordinance of the City Council of the City of Anna, Texas, designating a geographic area located within the corporate limits and extraterritorial jurisdiction of the City as a Tax Increment Reinvestment Zone pursuant to Chapter 311 of the Texas Tax Code, to be known as Reinvestment Zone Number Seven, City of Anna, Texas; describing the boundaries of the zone; creating a Board of Directors for the zone and appointing members of the board; establishing a Tax Increment Fund (TIRZ No. 7 Fund) for the zone, containing findings related to the creation of the zone; providing a date for the termination of the zone; providing that the zone take effect immediately upon passage of the ordinance; providing a severability clause; and providing an effective date. (Director of Economic Development Joey Grisham) The proposed Tax Increment Reinvestment Zone Number Seven, City of Anna, Texas (TIRZ No. 7) is being presented and requested for approval in accordance with the Liberty Hills Development Agreement, effective as of May 14, 2024, in which the City will contribute 50% of the captured appraised value of the TIRZ to the TIRZ No. 7 Fund for a period of 40 years. This item, if approved, will create Reinvestment Zone Number Seven, City of Anna, Texas (TIRZ No. 7), which covers the Liberty Hills development and additional property, consisting of 1,477.61 acres. In addition to the creation of TIRZ No. 7, this item will also appoint the TIRZ No. 7 Board. After the payment of TIRZ administrative costs, applicable TIRZ No. 7 Fund revenues will be available to be used in accordance with the Development Agreement on a parcel-by-parcel basis, including but not limited to offsetting a portion of the PID Assessments and/or funding Chapter 380 Grants to incentivize development on the Mixed-Use property. Any TIRZ No.7 Fund revenues not obligated under the Development Agreement shall be available to be used at the City Council’s discretion, as allowed under Chapter 311. The proposed boundary of TIRZ No. 7 and the Preliminary Project and Finance Plan are attached as Exhibits to this ordinance. Per the statute, a notice was published, and the Preliminary Project and Finance Plan was placed on file with the City Secretary no later than seven (7) days prior to this public hearing. Mayor Pro Tem Toten opened the public hearing at 7:19 PM. No public comments were made. Mayor Pro Tem Toten closed the public hearing at 7:20 PM. MOTION: Council Member Singh moved to approve. Council Member Herndon seconded. Motion carried 6 - 0. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, DESIGNATING A GEOGRAPHIC AREA WITHIN THE CITY AS A TAX INCREMENT REINVESTMENT ZONE PURSUANT TO CHAPTER 311 OF THE TEXAS TAX CODE, TO BE KNOWN AS REINVESTMENT ZONE NUMBER SEVEN, CITY OF ANNA, TEXAS; DESCRIBING THE BOUNDARIES OF THE ZONE; CREATING A BOARD OF DIRECTORS FOR THE ZONE AND APPOINTING MEMBERS OF THE BOARD; ESTABLISHING A TAX INCREMENT FUND (TIRZ NO. 7 FUND) FOR THE ZONE; CONTAINING FINDINGS RELATED TO THE CREATION OF THE ZONE; PROVIDING A DATE FOR THE TERMINATION OF THE ZONE; PROVIDING THAT THE ZONE TAKE EFFECT IMMEDIATELY UPON PASSAGE OF THE ORDINANCE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. n. Conduct a Public Hearing and Consider/Discuss/Action on an Ordinance of the City Council of the City of Anna, Texas, designating a geographic area located within the corporate limits and extraterritorial jurisdiction of the City as a Tax Increment Reinvestment Zone pursuant to Chapter 311 of the Texas Tax Code, to be known as Reinvestment Zone Number Eight, City of Anna, Texas; describing the boundaries of the zone; creating a Board of Directors for the zone and appointing members of the board; establishing a Tax Increment Fund (TIRZ No. 8 Fund) for the zone, containing findings related to the creation of the zone; providing a date for the termination of the zone; providing that the zone take effect immediately upon passage of the ordinance; providing a severability clause; and providing an effective date. (Director of Economic Development Joey Grisham) The proposed Tax Increment Reinvestment Zone Number Eight, City of Anna, Texas (TIRZ No. 8) is being presented and requested for approval in accordance with the Oak Ridge Development Agreement, effective as of May 27, 2025, in which the City will contribute 100% of the captured appraised value of the TIRZ to the TIRZ No. 8 Fund for a period of 49 years. This item, if approved, will create Reinvestment Zone Number Eight, City of Anna, Texas (TIRZ No. 8), which covers the Oak Ridge development consisting of 808.23 acres. In addition to the creation of TIRZ No. 8, this item will also appoint the TIRZ No. 8 Board. After the payment of TIRZ administrative costs, applicable TIRZ No. 8 Fund revenues will be available to be used in accordance with the Development Agreement on a parcel-by-parcel basis, including but not limited to offsetting a portion of the PID Assessments or funding the Chapter 380 Grant in lieu of PID Assessments. Any TIRZ No.8 Fund revenues not obligated under the Development Agreement shall be available to be used at the City Council’s discretion, as allowed under Chapter 311. The proposed boundary of TIRZ No. 8 and the Preliminary Project and Finance Plan are attached as Exhibits to this ordinance. Per the statute, a notice was published, and the Preliminary Project and Finance Plan was placed on file with the City Secretary no later than seven (7) days prior to this public hearing. Mayor Pro Tem Toten opened the public hearing at 7:22 PM. No public comments were given. Mayor Pro Tem Toten closed the public hearing at 7:22 PM. MOTION: Deputy Mayor Pro Tem Carver moved to approve. Council Member Singh seconded. Motion carried 6 - 0. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, DESIGNATING A GEOGRAPHIC AREA WITHIN THE CITY AS A TAX INCREMENT REINVESTMENT ZONE PURSUANT TO CHAPTER 311 OF THE TEXAS TAX CODE, TO BE KNOWN AS REINVESTMENT ZONE NUMBER EIGHT, CITY OF ANNA, TEXAS; DESCRIBING THE BOUNDARIES OF THE ZONE; CREATING A BOARD OF DIRECTORS FOR THE ZONE AND APPOINTING MEMBERS OF THE BOARD; ESTABLISHING A TAX INCREMENT FUND (TIRZ NO. 8 FUND) FOR THE ZONE; CONTAINING FINDINGS RELATED TO THE CREATION OF THE ZONE; PROVIDING A DATE FOR THE TERMINATION OF THE ZONE; PROVIDING THAT THE ZONE TAKE EFFECT IMMEDIATELY UPON PASSAGE OF THE ORDINANCE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. o. Conduct a Public Hearing and Consider/Discuss/Action on an Ordinance of the City Council of the City of Anna, Texas, designating a geographic area located within the corporate limits of the City as a Tax Increment Reinvestment Zone pursuant to Chapter 311 of the Texas Tax Code, to be known as Reinvestment Zone Number Nine, City of Anna, Texas; describing the boundaries of the zone; creating a Board of Directors for the zone and appointing members of the board; establishing a Tax Increment Fund (TIRZ No. 9 Fund) for the zone, containing findings related to the creation of the zone; providing a date for the termination of the zone; providing that the zone take effect immediately upon passage of the ordinance; providing a severability clause; and providing an effective date. (Director of Economic Development Joey Grisham) The proposed Tax Increment Reinvestment Zone Number Nine, City of Anna, Texas (TIRZ No. 9) is being presented and requested for approval in accordance with the Sherley Farms Development Agreement, effective as of December 17, 2024, in which the City will contribute 50% of the captured appraised value of the TIRZ to the TIRZ No. 9 Fund for a period of 40 years. This item, if approved, will create Reinvestment Zone Number Nine, City of Anna, Texas (TIRZ No. 9), which covers the Sherley Farms development consisting of 1,123.592 acres. In addition to the creation of TIRZ No.9, this item will also appoint the TIRZ No. 9 Board. After payment of TIRZ administrative costs, applicable TIRZ No. 9 Fund revenues will be available to be used in accordance with the Development Agreement on a parcel-by-parcel basis, including but not limited to offsetting a portion of the PID Assessments or funding the Chapter 380 Grant to fund the actual costs of eligible improvements. Any TIRZ No.9 Fund revenues not obligated under the Development Agreement shall be available to be used at the City Council’s discretion, as allowed under Chapter 311. The proposed boundary of TIRZ No. 9 and the Preliminary Project and Finance Plan are attached as Exhibits to this ordinance. Per the statute, a notice was published, and the Preliminary Project and Finance Plan was placed on file with the City Secretary no later than seven (7) days prior to this public hearing. Mayor Pro Tem Toten opened the public hearing at 7:24 PM. No public comments were given. Mayor Pro Tem Toten closed the public hearing at 7:24 PM. MOTION: Council Member Herndon moved to approve. Council Member Carver seconded. Motion carried 6 - 0. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, DESIGNATING A GEOGRAPHIC AREA WITHIN THE CITY AS A TAX INCREMENT REINVESTMENT ZONE PURSUANT TO CHAPTER 311 OF THE TEXAS TAX CODE, TO BE KNOWN AS REINVESTMENT ZONE NUMBER NINE, CITY OF ANNA, TEXAS; DESCRIBING THE BOUNDARIES OF THE ZONE; CREATING A BOARD OF DIRECTORS FOR THE ZONE AND APPOINTING MEMBERS OF THE BOARD; ESTABLISHING A TAX INCREMENT FUND (TIRZ NO. 9 FUND) FOR THE ZONE; CONTAINING FINDINGS RELATED TO THE CREATION OF THE ZONE; PROVIDING A DATE FOR THE TERMINATION OF THE ZONE; PROVIDING THAT THE ZONE TAKE EFFECT IMMEDIATELY UPON PASSAGE OF THE ORDINANCE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. p. First Reading of a Resolution approving a project of the Anna Community Development Corporation to acquire property including entering into a purchase and sale contract to acquire property near the intersection of Powell Pkwy. and FM 455,and a leaseback for the property. (Director of Economic Development Joey Grisham) Two readings of the Resolution are required prior to authorization of the agreement. This was the first reading of the Resolution. Mayor Pro Tem Toten read the following: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS RATIFYING AND AUTHORIZING THE ANNA COMMUNITY DEVELOPMENT CORPORATION TO ENTER INTO A PURCHASE AND SALE AGREEMENT WITH BENGAL ANNA PLAZA, LLC AND FAIZUR RAHMAN WITH A LEASEBACK FOR PROPERTY OWNED BY BENGAL ANNA PLAZA, LLC. q. Second reading of a Resolution approving a project of the Anna Community Development Corporation to acquire property including entering into a purchase and sale contract to acquire property near the intersection of Powell Pkwy. and FM 455,and a leaseback for the property (Director of Economic Development Joey Grisham) Two readings of the Resolution are required prior to authorization of the agreement. This was the second reading of the Resolution. Mayor Pro Tem Toten read the following: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS RATIFYING AND AUTHORIZING THE ANNA COMMUNITY DEVELOPMENT CORPORATION TO ENTER INTO A PURCHASE AND SALE AGREEMENT WITH BENGAL ANNA PLAZA, LLC AND FAIZUR RAHMAN WITH A LEASEBACK FOR PROPERTY OWNED BY BENGAL ANNA PLAZA, LLC. r. Consider/Discuss/Action on a Resolution approving a project of the Anna Community Development Corporation to acquire property including entering into a purchase and sale contract to acquire property near the intersection of Powell Pkwy. and FM 455, and with a leaseback for property. (Director of Economic Development Joey Grisham) This purchase will allow the CDC to redevelop the property in alignment with the Downtown Master Plan. The CDC Board of Directors is expected to vote on this item at its December 11, 2025, CDC/EDC Joint Board Meeting. The purchase price is $4,950,000 for the property, but the CDC will receive $75,000 back in lease payments over six months. MOTION: Council Member Singh moved to approve. Council Member Herndon seconded. Motion carried 6 - 0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING A PROJECT OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION INCLUDING A PURCHASE AND SALE CONTRACT FOR PROPERTY OWNED BY BENGAL ANNA PLAZA, LLC, AND FAIZUR RAHMAN LOCATED ALONG OR NEAR STATE HIGHWAY 5 AND A LEASEBACK OF THE BENGAL ANNA PLAZA, LCC, PROPERTY. s. Consider/Discuss/Action on a Resolution approving a project of the Anna Economic Development Corporation including entering into a Purchase and Sale Contract to acquire property near the intersection of Hackberry Drive and N. Powell Pkwy. (Assistant Director of Economic Development Natasha Roach) The Anna Economic Development Corporation and the Greer family have reached terms regarding the sale of the property located at 504 Powell Parkway. MOTION: Council Member Bryan moved to approve. Council Member Singh seconded. Motion carried 6 - 0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING A PROJECT OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION INCLUDING A PURCHASE AND SALE CONTRACT FOR PROPERTY OWNED BY JOE A. GREER, JR. AND REBECCA F. GREER t. Consider/Discuss/Action on a Resolution approving a Development Agreement with VC Liberty Hills, LLC. (Director of Economic Development Joey Grisham) The Church tract is 10 acres, and the developer wants to add this piece to the Liberty Hills development and PID—this DA mirrors that of the previous Liberty Hills Development Agreement. MOTION: Council Member Herndon moved to approve. Council Member Toten seconded. Motion carried 6 - 0. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING THE CHURCH TRACT DEVELOPMENT AGREEMENT WITH VC LIBERTY HILLS, LLC, RELATING TO DEVELOPMENT OF PROPERTY FOR SINGLE-FAMILY DEVELOPMENT ADJACENT TO THE DEVELOPMENT KNOWN AS LIBERTY HILLS u. Consider/Discuss/Action on a Resolution approving an Economic Development Agreement with VC Liberty Hills, LLC. (Director of Economic Development Joey Grisham) Similar to the Development Agreement, this Church Tract Chapter 380 Agreement mirrors the previous agreement for Liberty Hills. MOTION: Council Member Herndon moved to approve. Council Member Carver seconded. Motion carried 6 - 0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING THE LIBERTY HILLS ECONOMIC DEVELOPMENT AGREEMENT WITH VC LIBERTY HILLS, LCC v. Consider/Discuss/Action on a Resolution casting votes for the Collin CAD Board of Directors. (City Secretary Carrie Land) The City of Anna has 11 votes. All votes may be cast for one candidate or distributed among any number of the candidates listed on the official ballot. The deadline to submit the complete ballot to Collin CAD is December 12, 2025. MOTION: Council Member Baker moved to cast all 11 votes for Baine Brooks. Council Member Herndon seconded. Motion carried 6 - 0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, VOTING FOR A CANDIDATE OR CANDIDATES FOR THE BOARD OF DIRECTORS FOR ELECTION OF COLLIN CENTRAL APPRAISAL DISTRICT w. Consider/Discuss/Action on appointments to Boards and Commissions (Interview Committee) The Committee met with all board chairs to discuss any attendance concerns, reviewed the current application pool, and solicited additional applications. They conducted ten interviews and evaluated and ranked each applicant for both vacant positions and potential replacement appointments. MOTION: Council Member Herndon moved to appoint Madeline Madrid to Parks Advisory Board, Place 2; Sheri Sachs to Parks Advisory Board, Place 5; and Scott Gentry to Parks Advisory Board, Place 6. Council Member Baker seconded. Motion carried 6 - 0. x. Consider/Discuss/Action on the Mayor's Office at the Municipal Complex. (Councilmember Singh) MOTION: Council Member Singh moved to change the Mayor's office to the Council office. Council Member Baker seconded. Motion carried 5 - 1. Mayor Pro Tem Toten opposed. 8. Closed Session (Exceptions). a. Consult with legal counsel regarding pending or contemplated litigation and/or on matters in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex. Gov’t Code §551.071). Potential regulations on council-branded apparel. Council Communication Policies. b. Discuss or deliberate the purchase, exchange, lease, or value of real property (Tex. Gov’t Code §551.072). c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the City is conducting economic development negotiations; or (2) To deliberate the offer of a financial or other incentive to a business prospect described by subdivision (1). (Tex. Gov’t Code §551.087). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). City Manager, City Council MOTION: Council Member Bryan moved to enter closed session. Council Member Herndon seconded. Motion carried 6-0. Mayor Pro Tem Toten recessed the meeting at 7:51 PM. Mayor Pro Tem Toten left the meeting at 8:00 PM. Deputy Mayor Pro Tem Carver reconvened the meeting at 9:15 PM. 9. Consider/Discuss/Action on any items listed on any agenda - work session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. MOTION: Council Member Baker moved to approve an extension of the existing Acting City Manager Agreement until February 28, 2026, subject to approval as to legal form of an amendment providing for such extension and keeping all other provisions of the existing contract in full force and effect. Council Member Herndon seconded. Motion carried 5 - 0. 10. Adjourn. Deputy Mayor Pro Tem Carver adjourned the meeting at 9:16 PM. APPROVED this 13th day of January 2026. ____________________________________ Mayor Pete Cain ATTEST: _______________________________ City Secretary Carrie L. Land Special City Council Meeting Minutes Tuesday, December 16, 2025 @ 8:00 AM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna met on Tuesday, December 16, 2025, at 8:00 AM, in the Anna Municipal Complex – Council Chambers, located at 120 W. 7th Street, to consider the following items. 1. Call to Order, Roll Call, and Establishment of Quorum. Mayor Cain called the meeting to order at 8:16 AM. Members Present: Mayor Pete Cain Mayor Pro Tem Kevin Toten Deputy Mayor Pro Tem Stan Carver II Council Member Nathan Bryan Council Member Kelly Herndon Council Member Elden Baker Members Absent: Council Member Manny Singh 2. Neighbor Comments. There were no comments. 3. Closed Session (Exceptions). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). City Manager MOTION: Council Member Bryan moved to enter closed session. Mayor Pro Tem Toten seconded. Motion carried 6-0. Mayor Cain recessed the meeting at 8:17 AM. Mayor Cain reconvened the meeting at 12:58 PM. 4. Consider/Discuss/Action on any items listed on any agenda - work session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. No action taken. 5. Adjourn. Mayor Cain adjourned the meeting at 12:58 PM. APPROVED this 13th day of January 2026. ____________________________________ Mayor Pete Cain ATTEST: _______________________________ City Secretary Carrie L. Land Special Called City Council Meeting Minutes Monday, January 5, 2026 @ 5:30 PM Anna Municipal Complex – EDC Conference Room 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna met on Monday, January 5, 2026, at 5:30 PM, in the Anna Municipal Complex – EDC Conference Room, located at 120 W. 7th Street, to consider the following items. 1. Call to Order, Roll Call, and Establishment of Quorum. Mayor Cain called the meeting to order at 5:39 PM. Members Present: Mayor Pete Cain Mayor Pro Tem Kevin Toten Council Member Nathan Bryan Council Member Kelly Herndon Council Member Elden Baker Council Member Manny Singh Members Absent: None Deputy Mayor Pro Tem Stan Carver II arrived late 2. Neighbor Comments. There were no comments. 3. Closed Session (Exceptions). a. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). City Manager MOTION: Council Member Baker moved to enter closed session. Council Member Herndon seconded. Motion carried 6-0. Mayor Cain recessed the meeting at 5:40 PM. Mayor Cain left the meeting. Mayor Pro Tem Toten reconvened the meeting at 8:43 PM. 4. Consider/Discuss/Action on any items listed on any agenda – work session, regular meeting, or closed session – that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. No Action Taken. 5. Adjourn. Mayor Pro Tem Toten adjourned the meeting at 8:43 PM. APPROVED this 13th day of January 2026. ____________________________________ Mayor Pete Cain ATTEST: _______________________________ City Secretary Carrie L. Land Item No. 6.b. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Natasha Roach AGENDA ITEM: Review Minutes of the November 13, 2025, Joint Community Development Corporation and Economic Development Corporation Board Meeting with City Council. (Assistant Director of Economic Development Natasha Roach) SUMMARY: The item is for the Council to review the meeting minutes from the November 13, 2025, CDC/EDC Joint Board Meeting with the City Council. FINANCIAL IMPACT: This item has no financial impact. BACKGROUND: The CDC/EDC Board met on November 13, 2025, for their monthly Joint Board Meeting. This particular meeting was a joint meeting with City Council. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Excellent. ATTACHMENTS: 1. November 13_2025 CDC EDC Joint Meeting Minutes (Signed) Item No. 6.c. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Lauren Mecke AGENDA ITEM: Review Minutes of the November 3, 2025, Planning & Zoning Commission Meeting. (Director of Development Services Kaleb Kentner) SUMMARY: The item is for Council to review meeting minutes from the November 3, 2025, P&Z Meeting. FINANCIAL IMPACT: This item has no financial impact. BACKGROUND: The Planning & Zoning Commission (P&Z) held their regularly scheduled meeting on November 3, 2025. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Unique. ATTACHMENTS: 1. 2025-11-03 Minutes Signed Item No. 6.d. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Terry Eoff AGENDA ITEM: Approve a Resolution authorizing the Anna Police Department to apply for the Active Attack Response Equipment Grant. (Assistant Police Chief Terry Eoff) SUMMARY: This equipment is needed to enhance officer safety and improve the Police Department’s ability to respond quickly and effectively to active attack incidents. Breaching tools allow officers to gain timely access to secured areas, while ballistic shields provide essential protection when confronting armed threats. Grant funding helps offset the high cost of this specialized equipment, allowing the department to better equip frontline officers while remaining mindful of reasonable and cost-effective use of limited grant resources. This Resolution is a requirement for the grant application. FINANCIAL IMPACT: This item has no financial impact. BACKGROUND: The Active Attack Response Equipment Grant provides funding for critical law enforcement equipment, specifically breaching tools and bullet-resistant shields that meet National Institute of Justice (NIJ) Level III, III+, or IV standards. These items are designed to support rapid entry, protection, and effective response during active threat or high-risk emergency situations. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Safe. ATTACHMENTS: 1. Resolution for AARE Grant FY2027 C03029D20260102DO2 CITY OF ANNA, TEXAS RESOLUTION NO. _____________________ A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING AN APPLICATION FOR THE ACTIVE ATTACK RESPONSE EQUIPMENT GRANT PROGRAM AND AUTHORIZING CITY STAFF TO EXECUTE SAME. WHEREAS, the State of Texas has established the Active Attack Response Equipment (“AARE”) Grant Program, through which law enforcement agencies may apply for state funds to support acquisition of certain breaching tools and bullet-resistant shields, which are of particular value in responding to active shooter incidents; and WHEREAS, the Anna Police Department does not presently possess an adequate number of breaching tool kits and bullet-resistant shields to fully equip all of its patrol vehicles, which could result in delays in active shooter response and place its officers at greater risk; and WHEREAS, the AARE program has been provided approximately $15 million dollars for FY2027, with applications for grants of these funds due to the Public Safety Office on or before February 12, 2026; and WHEREAS, the Anna Police Department seeks to obtain five (5) ballistic shields and ten (10) breaching tool kits using AARE grant funding, with the projected costs of such equipment being $_36,000.00 based on quotes obtained; and WHEREAS, the City Council of Anna, Texas (“City Council”) finds it in the best interest of the citizens of the City of Anna (“City”) that the Anna Police Department submit an application for AARE grant funding to obtain the equipment described above as soon as practicable; and WHEREAS, the City Council agrees to provide any applicable matching funds for the said project as required by the AARE grant application, if approved by the grant administrator; and WHEREAS, the City Council agrees that in the event of loss or misuse of the Office of the Governor's funds, City Council assures that the funds will be returned to the Office of the Governor in full; and WHEREAS, the City Council designates the Anna Police Chief as the grantee’s authorized official. The authorized official, and his/her designees, is given the power to apply for, accept, reject, alter, or terminate the grant on behalf of the applicant agency; and WHEREAS, the City Council designates its Finance Director as the grantee’s financial officer. The financial officer and his/her designees are given the power to submit financial and/or programmatic reports or alter a grant on behalf of the applicant agency; and WHEREAS, the City Council has determined that it is in the best interest of the City and its residents to authorize its staff to complete the AARE grant application and take such additional action as necessary for eligibility for AARE funds; and NOW THEREFORE, BE IT RESOLVED that the City Council approves submission of the grant application for AARE to the Office of the Governor, as further detailed below: NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1. Recitals Incorporated. Section 2. Approval and Authorization of Agreement and Matching Funds. Section 3. Effective Date. PASSED AND APPROVED by the City Council of the City of Anna, Texas, on this 13th day of January 2026. Item No. 7.a. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Lauren Mecke AGENDA ITEM: Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance regarding the disannexation of six acres for the Hurricane Creek Country Club. (ANX 25-0008) (Planning Manager Lauren Mecke) SUMMARY: Disannexation of 6.0± acres of land in accordance with a development agreement (Res. No. 2025-10-1849) between the City of Anna and Grayson-Collin Recreational Association, Inc. Located on the north and south sides of Fairway Lane, 1,000± feet northwest of County Road 368 (future N. Standridge Blvd). FINANCIAL IMPACT: This item has no financial impact. BACKGROUND: At the October 2025 meeting, the City of Anna entered into an agreement with the Grayson-Collin Recreational Association, Inc. to disannex 6.0± acres of land. This property will be part of the renovated Hurricane Creek Country Club and Golf Course. STRATEGIC CONNECTIONS: This item has no strategic connection. ATTACHMENTS: 1. Locator Map - HCCC Disannexation (ANX 25-0008) 2. Ordinance - HCCC Disannexation (ANX 25-0008) 3. Exhibit 1 - HCCC Disannexation (ANX 25-0008) 4. Reference - Res 2025-10-1849 Approving a Development Agreement with Grayson-Collin Recreational Assoc. for HCCC City of Anna, Texas Ordinance No. ____________ Page 1 of 2 CITY OF ANNA, TEXAS , the City of Anna, Texas (the “City”) is a Texas home-rule municipality; and , the Grayson-Collin Recreational Association, Inc. (the “Owner”) owns a 204.66- acre tract of real property consisting of an existing golf course and country club commonly known as the Hurricane Creek Country Club and the Owner desires to redesign the golf course on the Property including without limitation a certain 6.836-acre site located within the City’s corporate limits and described in Exhibit 1. , the procedures prescribed by the Texas Local Government Code and the laws of this state have been duly followed with respect to the City’s disannexation of the following described territory, to wit: a 6.836-acre tract of land situated in the Henry Smith Survey, Abstract No. 822, City of Anna, Collin County, Texas, and being a portion of Tract One, a called 694.344-acre tract of land, described in a Correction Special Warranty Deed to Liberty 800, LP, as recorded in Instrument No. 2023000025691 of the Official Public Records of Collin County, Texas; and , the land being disannexed under this ordinance (the “Disannexation Tract”) is described and depicted more specifically in EXHIBIT 1, attached hereto; and , the City and Grayson-Collin Recreational Association, Inc. previously entered into a development agreement under City of Anna Resolution No. 2025-10-1849; and , the City timely published notice and held a public hearing on this disannexation at a duly noticed public meeting in accordance with the laws of this state. : . The recitals set forth above are hereby incorporated in this ordinance as if set forth in full for all purposes. . The Disannexation Tract is hereby removed from the corporate boundary limits of the City of Anna, Collin County, Texas. . The official map and boundaries of the City of Anna are hereby amended and revised so as to exclude the area disannexed, and to reflect any change to the City's extraterritorial jurisdiction resulting from such disannexation, and the City Manager is directed to take all actions necessary to make said changes to the official boundary map of the City. City of Anna, Texas Ordinance No. ____________ Page 2 of 2 SECTION 4. The City Secretary is hereby directed to file a certified copy of this ordinance and the amended official boundary map with the County Clerk of Collin, Texas, and the Texas Comptroller’s Office. SECTION 5. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs and sections of this ordinance be severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this ordinance, and the remainder of this ordinance shall be enforced as written. SECTION 6. All ordinances and parts thereof in conflict herewith are hereby expressly repealed insofar as they conflict herewith. SECTION 7. This ordinance shall become effective immediately upon the date and time of its adoption and it is accordingly so ordained. PASSED, APPROVED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THIS THE 13TH DAY OF JANUARY 2026. CITY OF ANNA, TEXAS ___________________________________ PETE CAIN, MAYOR ATTEST: _______________________________________ CARRIE L. LAND, CITY SECRETARY DESCRIPTION OF SURVEYED PROPERTY: BEING a tract of land situated in the Henry Smith Survey, Abstract No. 822, City of Anna, Collin County, Texas, and being a portion of Tract One, a called 694.344-acre tract of land, described in a Correction Special Warranty Deed to Liberty 800, LP, as recorded in Instrument No. 2023000025691 of the Official Public Records of Collin County, Texas, and being more particularly described by metes and bounds as follows: BEGINNING at a 1/2-inch iron rod with a plastic cap, stamped “RPLS 6578” found on the north line of a tract of land, described in a deed to Michael and Jamie May, as recorded in County Clerk's File No. 94- 0027890 of the Land Records of Collin County, Texas, for the southerly, southeast corner of a called 179.55-acre tract of land, described in a Warranty Deed to Grayson-Collin Recreational Association, Inc., as recorded in Volume 705, Page 90 of the Land Records of Collin County, Texas and a southwest corner of said Tract One (called 694.344-acres); THENCE North 17°52'19" East, along the easterly line of said 179.55-acre tract and the westerly line of said Tract One (called 694.344-acres), a distance of 782.57 feet to a 42-inch Elm tree found for a corner; THENCE North 22°57'03" East, continuing along the easterly line of said 179.55-acre tract and the westerly line of said Tract One (called 694.344-acres), a distance of 336.25 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for a corner; THENCE South 55°59'25" East, departing the easterly line of said 179.55-acre tract and the westerly line of said Tract One (called 694.344-acres), crossing said Tract One (called 694.344-acres), a distance of 162.63 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for corner; THENCE South 20°05'05" West, continuing across said Tract One (called 694.344 -acres), a distance of 311.17 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for corner; THENCE South 28°38'55" East, continuing across said Tract One (called 694.344-acres), a distance of 272.83 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for corner; THENCE South 17°53'59" West, continuing across said Tract One (called 694.344 -acres), a distance of 452.04 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for corner; THENCE South 89°45'34" West, continuing across said Tract One (called 694.344 -acres), a distance of 339.45 feet to a 1/2-inch iron rod with a plastic cap, stamped “RPLS 6578” found for the northeast corner of aforesaid May tract, and being on the westerly line of said Tract One (called 694.344-acres); THENCE South 89°45'34" West, along the north line of said May tract and a southerly line of said Tract One (called 694.344-acres), a distance of 51.66 feet to the POINT OF BEGINNING and containing 6.836 acres (297,780 square feet) of land, more or less. C. R. 372 C. R . 2 9 0 C. R. 368 U. S . H I G H W A Y 7 5 TRACT ONE CALLED 694.344 ACRES LIBERTY 800, LP INST. NO. 2023000025691, O.P.R.C.C.T. CALLED 6.836 ACRES GRAYSON-COLLIN RECREATIONAL ASSOCIATION, INC. INST. NO. 2025000038079, O.P.R.C.C.T. CALLED 341.162 ACRES VC LIBERTY HILLS, LLC INST. NO. 2024000150080, O.P.R.C.C.T. LOT 3 TRIPLE I RANCH VOL. P, PG. 152 P.R.C.C.T. LOT 2 TRIPLE I RANCH VOL. P, PG. 152 P.R.C.C.T. LOT 1 TRIPLE I RANCH VOL. P, PG. 152 P.R.C.C.T. CALLED 27.745 ACRES M & T HOLDING COMPANY, LLC INST. NO. 20141105001213360, O.P.R.C.C.T. CALLED 16.952 ACRES MJLA ADAMS, LTD. INST. NO. 20110505000462580, O.P.R.C.C.T. CALLED 18.632 ACRES MOHAMMED REHMAN INST. NO. 2021032200056320, O.P.R.C.C.T. CALL E D 7 . 4 9 3 A C R E S GRA Y S O N - C O L L I N REC R E A T I O N A L ASS O C I A T I O N , I N C . VOL . 7 3 8 , P G . 3 4 2 , L . R . C . C . T . HURRICANE CREEK ESTATES (UNRECORDED) CALLED 179.55 ACRES GRAYSON-COLLIN RECREATIONAL ASSOCIATION, INC. VOL. 705, PG. 90, L.R.C.C.T. CALLED 179.55 ACRES GRAYSON-COLLIN RECREATIONAL ASSOCIATION, INC. VOL. 705, PG. 90, L.R.C.C.T. HU R R I C A N E CR E E K MICHAEL AND JAMIE MAY C.C.F.# 94-0027890, L.R.C.C.T. GEORGIA E. CURRY INST. NO. 23000024778, O.P.R.C.C.T. TONY AND VIRGINIA FRENCH C.C.F.# 93-0072679, L.R.C.C.T. PETER C. & KATHRYN A. SEARS VOL. 3066, PG. 705, L.R.C.C.T. KELLEY FAMILY REVOCABLE LIVING TRUST VOL. 4557, PG. 753, L.R.C.C.T. ROBERT M. & TINA S. JOHNSON INST. NO. 20150420000437220, O.P.R.C.C.T. JAYME & TODD R. HAWTHORNE VOL. 5697, PG. 1310, L.R.C.C.T. CHRISTOPHER SCOTT COOPER, et ux INST. NO. 20151015001306200, O.P.R.C.C.T. STEPHEN J. & LAMIA B. OLIVAS INST. NO. 2023000040726, O.P.R.C.C.T. CALLED 5.563 ACRES ASHLEY MANAGEMENT TRUST INST. NO. 20180328000374510, O.P.R.C.C.T. CALLED 1.982 ACRES SHANNON R. OWENS AND COURTNEY A OWENS VOL. 4985, PG. 2432 O.P.R.C.C.T. CALLED 139.983 ACRES PH LAND HOLDINGS, LLC (AN UNDIVIDED 53.498% INTEREST) INSTRUMENT NO. 2024000150141 SH DEV LIBERTY HILLS ANNA, LLC (AN UNDIVIDED 25.456% INTEREST) INSTRUMENT NO. 2024000151576 LH RESIDENTIAL DEVELOPMENT, LLC (AN UNDIVIDED 21.046% INTEREST) INSTRUMENT NO. 2024000160359, O.P.R.C.C.T. CALLED 139.983 ACRES TRACT ONE CALLED 694.344 ACRES LIBERTY 800, LP INST. NO. 2023000025691, O.P.R.C.C.T. CALLED 341.162 ACRES VC LIBERTY HILLS, LLC INST. NO. 2024000150080, O.P.R.C.C.T. CALLED 341.162 ACRES VC LIBERTY HILLS, LLC INST. NO. 2024000150080, O.P.R.C.C.T. CALLED 69.119 ACRES VC LIBERTY HILLS, LLC INST. NO. 2024000150075, O.P.R.C.C.T. W. P. B U R N S S U R V E Y , ABS T R A C T N O . 1 0 0 JON A S W H I T A K E R S U R V E Y , ABS T R A C T N O . 9 8 1 HEN R Y S M I T H S U R V E Y , ABS T R A C T N O . 8 2 2 ZAC H A R I A H R O B E R T S S U R V E Y , ABS T R A C T N O . 7 6 0 J. C . B U R G E S U R V E Y , AB S T R A C T N O . 1 0 6 APPROXIMATE AREA LOCATED IN ZONE A PER F.I.R.M. MAP NO. 48085C0155J, DATED JUNE 2, 2009, AS AFFECTED BY L.O.M.R, CASE NO. 09-06-2158P, DATED JUNE 29, 2009 APPROXIMATE AREA LOCATED IN ZONE A PER F.I.R.M. MAP NO. 48085C0065J, DATED JUNE 2, 2009 1/2" IRFC "RPLS 6578" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 1/2" IRFC "RPLS 6578" 1/2" IRFC "RPLS 6578" 1/2" IRFC "RPLS 6578" 1/2" IRFC "RPLS 6578" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 5/8" IRFC "KHA" 1" IPF 1.5" IPF 1" IPF 1/2" IRF 1/2" IRF 1" IPF 1/2" IRF 1" IPF 1/2" IRF 1/2" IRFC "RPLS 6578" 1/2" IRF 5/8" IRFC "KHA" 5/8" IRFC "KHA" 1/2" IRF 1/2" IRFC "RPLS 6578" 1/2" IRFC "RPLS 6578" S89°45'34"W 833.72' S80°55'18"W 1715.56' L1 L2 L3 L4 L5 L6 L7 L8 L9 L1 0 L1 1 N10°33'50"W 186.03' L1 2 L13 L14 L1 5 L1 6 N2°18'45"E 180.02' N86°05'16"E 165.03'N1 7 ° 5 8 ' 2 1 " E 29 0 . 0 4 ' N2 9 ° 0 9 ' 3 1 " E 25 0 . 0 4 ' L17 L18 N19°23'16"W 200.03' L19 L2 0 N2 0 ° 3 7 ' 5 5 " E 20 5 . 0 3 ' N24°28'32"E 150.02' L2 1 N2 5 ° 0 8 ' 2 7 " W 20 0 . 0 3 ' N81°20'55"W 205.03' N1 6 ° 5 2 ' 4 5 " E 50 0 . 0 8 ' N3 1 ° 5 0 ' 1 5 " E 26 5 . 0 4 ' N2 5 ° 4 5 ' 0 5 " E 19 0 . 0 3 ' N89°36'28"E 190.03'L22 L23 L2 4 N59° 4 4 ' 4 8 " E 390. 0 6 ' N65°0 9 ' 2 6 " E 350.0 5 ' N3 1 ° 0 0 ' 1 4 " E 34 5 . 0 5 ' S66°2 5 ' 2 0 " E 1304. 6 3 ' S43 ° 5 6 ' 1 3 " E 112 2 . 3 3 ' S1 6 ° 0 0 ' 0 7 " W 23 2 . 8 1 ' S68°3 9 ' 5 9 " W 279.46 ' S71°32'49"W 175.46' N2 0 ° 0 5 ' 1 4 " W 39 3 . 3 1 ' N38 ° 0 5 ' 2 2 " W 416 . 7 1 ' N60° 3 0 ' 3 0 " W 753. 1 1 ' S3 ° 1 4 ' 0 6 " W 27 8 . 8 7 ' S35 ° 4 4 ' 2 4 " W 66 8 . 5 4 ' S1 2 ° 3 1 ' 0 5 " E 69 0 . 4 5 ' S2 2 ° 1 6 ' 1 0 " E 76 3 . 6 4 ' S22°57'03"W 88.61' HUR R I C A N E C R E E K LINE TABLE NO. L1 L2 L3 L4 L5 L6 L7 L8 L9 L10 L11 L12 L13 L14 L15 L16 L17 L18 L19 L20 L21 L22 L23 L24 L25 L26 L27 L28 BEARING N33°07'26"E N18°00'15"E N32°29'33"E N15°38'49"E N01°39'28"E N30°41'01"E N51°20'01"E N35°56'57"E N50°34'40"E N29°18'26"W N23°42'08"W N21°56'56"E N64°30'25"E N37°03'53"E N20°21'46"E N07°21'55"W N60°56'07"E N37°19'08"E S64°36'06"E N09°56'57"W N06°15'31"W S59°49'47"E N40°29'25"E N32°52'18"W S73°59'53"E N59°11'09"E N28°05'06"W N73°59'53"W LENGTH 87.28' 87.08' 70.40' 59.78' 48.44' 59.62' 137.88' 74.92' 65.48' 118.30' 180.18' 127.45' 68.26' 61.50' 68.45' 142.57' 110.02' 70.01' 115.02' 120.02' 85.01' 150.02' 55.01' 100.02' 66.14' 41.06' 41.75' 67.40' TRACT 2 50' PRIVATE ROAD EASEMENT VOL 753, PG. 387, L.R.C.C.T. (CENTERED ON ROAD) CALLED 341.162 ACRES VC LIBERTY HILLS, LLC INST. NO. 2024000150080, O.P.R.C.C.T. 15' SANITARY SEWER EASEMENT INST. NO. 2025000056975 O.P.R.C.C.T. SANITARY SEWER EASEMENT INST. NO. 2025000056973 O.P.R.C.C.T. 50' SANITARY SEWER EASEMENT INST. NO. 2025000056974 O.P.R.C.C.T. 817.23' 1611.24' 387.4 0 ' APPROX. LOCATION OF SURVEY LINE APPROX. LOCATION OF SURVEY LINE APPROX. LOCATION OF SURVEY LINE APPROX. LOCATION OF SURVEY LINE CALLED 0.1993 ACRE GRAYSON-COLLIN RECREATIONAL ASSOCIATION, INC. INST. NO. 2025000078866 O.P.R.C.C.T. 204.66 ACRES 8,915,160 SQ. FT. P.O.B. 5/8" IRFC "KHA" 391.11' S1 6 ° 0 0 ' 0 7 " W 31 8 . 4 3 ' L25 L26 ∆=6°56'47" R=1155.00' L=140.03' CB=S15°05'56"W C=139.94' L27 L28 S55°59'25"E 162.63' S2 0 ° 0 5 ' 0 5 " W 31 1 . 1 7 ' S2 8 ° 3 8 ' 5 5 " E 27 2 . 8 3 ' S1 7 ° 5 3 ' 5 9 " W 45 2 . 0 4 ' 339.45' TEMP. CONST. EASEMENT INST. NO. 2025000038080 O.P.R.C.C.T. TEMP. CONST. EASEMENT INST. NO. 2025000038081 O.P.R.C.C.T. 39.308 ACRE EASEMENT TO COLLIN COUNTY SOIL CONSERVATION DISTRICT, VOL. 534, PG. 160, L.R.C.C.T TEMP. CONST. EASEMENT INST. NO. 2025000056974 O.P.R.C.C.T. TRACT 1 LAND TITLE SURVEY 204.66 ACRES HURRICANE CREEK COUNTRY CLUB W. P. BURNS SURVEY, ABSTRACT NO. 100, ZACHARIAH ROBERTS SURVEY, ABSTRACT NO. 760, HENRY SMITH SURVEY, ABSTRACT NO. 822 & JONAS WHITAKER SURVEY, ABSTRACT NO. 981 CITY OF ANNA, COLLIN COUNTY, TEXAS DW G N A M E : K: \ F R I _ S U R V E Y \ 0 6 8 2 9 5 7 0 1 - L I B E R T Y H I L L S - A N N A \ D W G \ H U R R I C A N E C R E E K G O L F C O U R S E \ 0 6 0 0 4 6 8 0 0 - H U R R I C A N E C R E E K G C S U R V E Y . D W G P L O T T E D B Y MA R X , M I C H A E L 7/ 3 / 2 0 2 5 8 : 2 9 A M L A S T S A V E D 7/ 3 / 2 0 2 5 7 : 5 8 A M C o p y r i g h t © 20 2 5 K i m l e y - H o r n a n d A s s o c i a t e s , I n c . A l l r i g h t s r e s e r v e d Scale Drawn by MBM1" = 200' Checked by Date Project No.Sheet No. Frisco, Texas 75034 6160 Warren Parkway, Suite 210 Tel. No. (972) 335-3580 Fax No. (972) 335-3779FIRM # 10193822 KHA Jul. 2025 060046800 1 OF 2 GRAPHIC SCALE IN FEET 0200 100 200 400 1" = 200'@ 30X42 NORTH N.T.S.VICINITY MAP NORTH FAIRWAY LN . C.R. 368 HURRICANE CREEK HU R R I C A N E C R E E K C I R . URBAN WAY U. S . H W Y . 7 5 HU R R I C A N E C R E E K LAKE C. R . 3 6 8 LEGEND ROOF DRAIN CABLE TV BOX CABLE TV HANDHOLE CABLE TV MANHOLE CABLE TV MARKER FLAG CABLE TV MARKER SIGN CABLE TV VAULT COMMUNICATIONS BOX COMMUNICATIONS HANDHOLE COMMUNICATIONS MANHOLE COMMUNICATIONS MARKER FLAG COMMUNICATIONS MARKER SIGN COMMUNICATIONS VAULT ELEVATION BENCHMARK FIBER OPTIC BOX FIBER OPTIC HANDHOLE FIBER OPTIC MANHOLE FIBER OPTIC MARKER FLAG FIBER OPTIC MARKER SIGN FIBER OPTIC VAULT MONITORING WELL GAS HANDHOLE GAS METER GAS MANHOLE GAS MARKER FLAG GAS SIGN GAS TANK GAS VAULT GAS VALVE TELEPHONE BOX TELEPHONE HANDHOLE TELEPHONE MANHOLE TELEPHONE MARKER FLAG TELEPHONE MARKER SIGN TELEPHONE VAULT PIPELINE MARKER SIGN ELECTRIC BOX FLOOD LIGHT GUY ANCHOR GUY ANCHOR POLE ELECTRIC HANDHOLE LIGHT STANDARD ELECTRIC METER ELECTRIC MANHOLE ELECTRIC MARKER FLAG ELECTRIC MARKER SIGN UTILITY POLE ELECTRIC TRANSFORMER ELECTRIC VAULT HANDICAPPED PARKING SIGN MARQUEE/BILLBOARD BORE LOCATION FLAG POLE GREASE TRAP MAIL BOX SANITARY SEWER CLEAN OUT SANITARY SEWER MANHOLE SANITARY SEWER MARKER FLAG SANITARY SEWER MARKER SIGN SANITARY SEWER SEPTIC TANK SANITARY SEWER VAULT STORM SEWER BOX STORM SEWER DRAIN STORM SEWER MANHOLE STORM SEWER VAULT TRAFFIC BARRIER TRAFFIC BOLLARD TRAFFIC BOX CROSS WALK SIGNAL TRAFFIC HANDHOLE TRAFFIC MANHOLE TRAFFIC MARKER SIGN TRAFFIC SIGNAL TRAFFIC VAULT UNIDENTIFIED BOX UNIDENTIFIED HANDHOLE UNIDENTIFIED METER UNIDENTIFIED MANHOLE UNIDENTIFIED MARKER FLAG UNIDENTIFIED MARKER SIGN UNIDENTIFIED POLE UNIDENTIFIED TANK UNIDENTIFIED VAULT UNIDENTIFIED VALVE TREE WATER BOX FIRE DEPT. CONNECTION WATER HAND HOLE FIRE HYDRANT WATER METER WATER MANHOLE WATER MARKER FLAG WATER MARKER SIGN WATER VAULT WATER VALVE AIR RELEASE VALVE WATER WELL TV TV TV TV TV TV C C C C C C F F F F F G G G G G G G G T T T T T T P E E E E E E T E GT S S S ST S D D D TR TR TR TR TR TR U U U U U U U U U U W W W W W W W A W F IRSC IRFC PKS PKF IRF XS XF 5/8" IRON ROD W/ "KHA" CAP SET IRON ROD WITH CAP FOUND PK NAIL SET PK NAIL FOUND IRON ROD FOUND "X" CUT IN CONCRETE SET "X" CUT IN CONCRETE FOUND POINT OF BEGINNINGP.O.B. POINT OF COMMENCINGP.O.C. IPF IRON PIPE FOUND ADF ALUMINUM DISK FOUND LINE TYPE LEGEND BOUNDARY LINE ADJACENT PROPERTY LINE EASEMENT LINE BUILDING LINE WATER LINE SANITARY SEWER LINE STORM SEWER LINE UNDERGROUND GAS LINE OVERHEAD UTILITY LINE UNDERGROUND ELECTRIC LINE UNDERGROUND TELEPHONE LINE FENCE CONCRETE PAVEMENT ASPHALT PAVEMENT UGT UGE X X X X W SS GAS OHE No.DATE REVISION DESCRIPTION 1 . DW G N A M E : K: \ F R I _ S U R V E Y \ 0 6 8 2 9 5 7 0 1 - L I B E R T Y H I L L S - A N N A \ D W G \ H U R R I C A N E C R E E K G O L F C O U R S E \ 0 6 0 0 4 6 8 0 0 - H U R R I C A N E C R E E K G C S U R V E Y . D W G P L O T T E D B Y MA R X , M I C H A E L 7/ 3 / 2 0 2 5 8 : 2 9 A M L A S T S A V E D 7/ 3 / 2 0 2 5 7 : 5 8 A M C o p y r i g h t © 20 2 5 K i m l e y - H o r n a n d A s s o c i a t e s , I n c . A l l r i g h t s r e s e r v e d Scale Drawn by MBMN/A Checked by Date Project No.Sheet No. Frisco, Texas 75034 6160 Warren Parkway, Suite 210 Tel. No. (972) 335-3580 Fax No. (972) 335-3779FIRM # 10193822 KHA Jul. 2025 060046800 2 OF 2 SURVEYORS CERTIFICATION: To:Grayson-Collin Recreational Association, Inc., a Texas non-profit corporation, American Bank of Commerce, Capital Title of Texas, LLC, and First National Title Insurance Company I hereby certify that this survey substantially complies with the current Texas Society of Professional Land Surveyors Standards and Specifications for a Category 1A Condition II Survey. Survey Date: Nov. 21, 2023 ______________________________________ Michael B. Marx Registered Professional Land Surveyor No. 5181 Kimley-Horn and Associates, Inc. 6160 Warren Pkwy., Suite 210 Frisco, Texas 75034 Ph. 972-335-3580 michael.marx@kimley-horn.com DESCRIPTION OF SURVEYED PROPERTY: TRACT 1: BEING a tract of land situated in the W. P. Burns Survey, Abstract No. 100, the Zachariah Roberts Survey, Abstract No. 760, the Henry Smith Survey, Abstract No. 822 and the Jonas Whitaker Survey, Abstract No. 981, City of Anna, Collin County, Texas, and being all of a called 179.55-acre tract of land, described in a Warranty Deed to Grayson-Collin Recreational Association, Inc., recorded in Volume 705, Page 90 of the Land Records of Collin County, Texas, all of a called 7.493-acre tract of land, described in a Warranty Deed to Grayson-Collin Recreational Association, Inc., recorded in Volume 738, Page 342 of the Land Records of Collin County, Texas, all of a called 6.836-acre tract of land, described in a Special Warranty Deed to Grayson-Collin Recreational Association, Inc., recorded in Instrument No. 2025000038079 of the Official Public Records of Collin County, Texas, and all of a called 0.1993-acre tract of land, described in a Special Warranty Deed to Grayson-Collin Recreational Association, Inc., recorded in Instrument No. 2025000078899 of the Official Public Records of Collin County, Texas, and being more particularly described as follows: BEGINNING at a 5/8-inch iron rod with a red plastic cap, stamped “KHA” found for the southeast corner of said 6.836-acre tract, same being on a westerly line of a called 139.983-acre tract of land, described in a deed to PH Land Holdings, LLC (an undivided 53.498% interest), recorded in Instrument No. 2024000150141, a deed to SH Dev Liberty Hills Anna, LLC (an undivided 25.456% interest), recorded in Instrument No. 2024000151576, and a deed to LH Residential Development, LLC (an undivided 21.046% interest), recorded in Instrument No. 2024000160359, all of the Official Public Records of Collin County, Texas; THENCE South 89°45'34" West, along the southerly line of said 6.836-acre tract and the westerly line of said 139.983-acre tract, passing at a distance of 339.45 feet, a 1/2-inch iron rod with a plastic cap, stamped “RPLS 6578” found for a northwesterly corner of said 139.983-acre tract, and the northeast corner of Hurricane Creek Estates, an unrecorded subdivision, same also being the northeast corner of a tract of land, described in a deed to Michael and Jamie May, recorded in County Clerk's File No. 94-0027890 of the Land Records of Collin County, Texas, continuing along the southerly line of said 6.836-acre tract and the northerly line of said May tract, passing at a distance of 391.11 feet, a 1/2-inch iron rod with a plastic cap, stamped “RPLS 6578” found for the southeast corner of said 179.55-acre tract, continuing along the southerly line of said 179.55-acre tract, the northerly line of said Hurricane Creek Estates, the north line of said Michael and Jamie May tract and the north line of a tract of land, described in a deed to Georgia E. Curry, recorded in Instrument No. 23000024778 of the Official Public Records of Collin County, Texas, a total distance of 833.72 feet to the northwest corner of said Curry tract, same being the northeast corner of a tract of land, described in a deed to Tony and Virginia French, recorded in County Clerk's File No. 93-0072679 of the Land Records of Collin County, Texas; THENCE South 80°55'18" West, continuing along the southerly line of said 179.55-acre tract, the northerly line of said Hurricane Creek Estates, the north line of said French tract, the north line of a tract of land, described in a deed to Peter C. & Kathryn A. Sears, recorded in Volume 3066, Page 705 of the Land Records of Collin County, Texas, the north line of a tract of land, described in a deed to Kelley Family Revocable Living Trust, recorded in Volume 4557, Page 753, Land Records of Collin County, Texas and the north line of a tract of land, described in a deed to Robert M. & Tina S. Johnson, recorded in Instrument No. 20150420000437220 of the Official Public Records of Collin County, Texas, passing at a distance of 817.23 feet, a 1/2-inch iron rod with a plastic cap, stamped “RPLS 6578”, found for a northeast corner of a called 341.162-acre tract of land, described in a deed to VC Liberty Hills, LLC, recorded in Instrument No. 2024000150080 of the Official Public Records of Collin County, Texas, continuing along a northerly line of said 341.162-acre tract, passing at a distance of 1161.24 feet, a 1/2-inch iron rod with a plastic cap, stamped “RPLS 6578”, found for a witness corner, continuing for a total distance of 1,715.56 feet to a point for corner in Hurricane Creek; THENCE in a northerly direction, along the westerly line of said 179.55-acre tract, an easterly line of said 341.162-acre tract, and along said Hurricane Creek, the following: North 33°07'26" East, a distance of 87.28 feet to a point for corner; North 18°00'15" East, a distance of 87.08 feet to a point for corner; North 32°29'33" East, a distance of 70.40 feet to a point for corner; North 15°38'49" East, a distance of 59.78 feet to a point for corner; North 01°39'28" East, a distance of 48.44 feet to a point for corner; North 30°41'01" East, a distance of 59.62 feet to a point for corner; North 51°20'01" East, a distance of 137.88 feet to a point for corner; North 35°56'57" East, a distance of 74.92 feet to a point for corner; North 50°34'40" East, a distance of 65.48 feet to a point for corner; North 29°18'26" West, a distance of 118.30 feet to a point for corner; North 23°42'08" West, a distance of 180.18 feet to a point for corner; North 10°33'50" West, a distance of 186.03 feet to a point for corner; North 21°56'56" East, a distance of 127.45 feet to a point for corner; North 64°30'25" East, a distance of 68.26 feet to a point for corner; North 37°03'53" East, a distance of 61.50 feet to a point for corner; North 20°21'46" East, a distance of 68.45 feet to a point for corner; North 07°21'55" West, a distance of 142.57 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner near the bottom of an earthen dam; North 02°18'45" East, a distance of 180.02 feet to a point for corner in a pond; THENCE North 86°05'16" East, continuing along the westerly line of said 179.55-acre tract, the easterly line of said 341.162-acre tract, a distance of 165.03 feet to a point for corner on the east bank of the pond; THENCE in a northerly direction, continuing along the westerly line of said 179.55-acre tract, the easterly line of said 341.162-acre tract the following: North 17°58'21" East, a distance of 290.04 feet to a point for corner; North 29°09'31" East, a distance of 250.04 feet to a point for corner; North 60°56'07" East, a distance of 110.02 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 37°19'08" East, a distance of 70.01 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 19°23'16" West, a distance of 200.03 feet to a point for corner; South 64°36'06" East, a distance of 115.02 feet to a point for corner; North 09°56'57" West, a distance of 120.02 feet to a point for corner; North 20°37'55" East, a distance of 205.03 feet to a point for corner; North 24°28'32" East, a distance of 150.02 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 06°15'31" West, a distance of 85.01 feet to a point for corner; North 25°08'27" West, a distance of 200.03 feet to a point for corner; North 81°20'55" West, a distance of 205.03 feet to a point for corner; North 16°52'45" East, a distance of 500.08 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 31°50'15" East, a distance of 265.04 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 25°45'05" East, a distance of 190.03 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 89°36'28" East, a distance of 190.03 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; South 59°49'47" East, a distance of 150.02 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 40°29'25" East, a distance of 55.01 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 32°52'18" West, a distance of 100.02 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for corner; North 59°44'48" East, a distance of 390.06 feet to a point for corner; North 65°09'26" East, a distance of 350.05 feet to a point for corner near the northeasterly edge of said pond; THENCE North 31°00'14" East, departing said pond, continuing along the westerly line of said 179.55-acre tract, the easterly line of said 341.162-acre tract, a distance of 345.05 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for the northernmost corner of said 179.55-acre tract; THENCE South 66°25'20" East, along the northerly line of said 179.55-acre tract, continuing along the easterly line of said 341.162-acre tract, passing at a distance of 387.40 feet, a 5/8-inch iron rod with a red plastic cap, stamped “KHA found for a southeasterly corner of said 341.162-acre tract, same being on a southerly line of aforesaid Tract One (called 694.344-acres), continuing along a southerly line of said Tract One (called 694.344-acres), a total distance of 1,304.63 feet to a 1/2-inch iron rod with a plastic cap, stamped “RPLS 6578” found for corner; THENCE South 43°56'13" East, continuing along the northerly line of said 179.55-acre tract and a southerly line of said Tract One (called 694.344-acres), a distance of 1,122.33 feet to a 1/2-inch iron rod found for the northeast corner of said 179.55-acre tract; THENCE South 16°00'07" West, along the easterly line of said 179.55-acre tract and a westerly line of said Tract One (called 694.344-acres), a distance of 318.43 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for the northwest corner of aforesaid 0.1993-acre tract; THENCE South 73°59'53" East, departing the easterly line of said 179.55-acre tract and a westerly line of said Tract One (called 694.344-acres), along the northerly line of said 0.1993-acre tract, a distance of 66.14 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for corner; THENCE North 59°11'09" East, continuing along the northerly line of said 0.1993-acre tract, a distance of 41.06 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for the northeast corner of said 0.1993-acre tract, and being at the beginning of a non-tangent curve to the right with a radius of 1,155.00 feet, a central angle of 06°56'47", and a chord bearing and distance of South 15°05'56" West, 139.94 feet; THENCE in a southerly direction, along the easterly line of said 0.1993-acre tract, with said non-tangent curve to the right, an arc distance of 140.03 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for the southeast corner of said 0.1993-acre tract; THENCE North 28°05'06" West, along the southerly line of said 0.1993-acre tract, a distance of 41.75 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for corner; THENCE North 73°59'53" West, continuing along the southerly line of said 0.1993-acre tract, a distance of 67.40 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” set for the southwest corner of said 0.1993-acre tract, same being on the easterly line of aforesaid 179.55-acre tract and a westerly line of aforesaid Tract One (called 694.344-acres); THENCE South 16°00'07" West, along the easterly line of said 179.55-acre tract and a westerly line of said Tract One (called 694.344-acres), a distance of 232.81 feet to a 1/2-inch iron rod found for corner on a northerly line of aforesaid 139.983-acre tract; THENCE South 68°39'59" West, continuing along the easterly line of said 179.55-acre tract and the northerly line of said 139.983-acre tract, a distance of 279.46 feet to a 1/2-inch iron rod with a plastic cap, stamped “RPLS 6578”, found for the southeast corner of said 179.55-acre tract, same being the northeast corner of aforesaid 7.493-acre tract; THENCE South 71°32'49" West, along an easterly line of said 7.493-acre tract and the northerly line of said 139.983-acre tract, a distance of 175.46 feet to a 1/2-inch iron rod found for corner; THENCE South 64°28'26" West, continuing along an easterly line of said 7.493-acre tract and the northerly line of said 139.983-acre tract, a distance of 48.15 feet to a 1-inch iron pipe found for the southeast corner of said 7.493-acre tract; THENCE North 20°05'14" West, along the southerly line of said 7.493-acre tract and the northerly line of said 139.983-acre tract, a distance of 393.31 feet to a 1/2-inch iron rod found for corner; THENCE North 38°05'22" West, continuing along the southerly line of said 7.493-acre tract and the northerly line of said 139.983-acre tract, a distance of 416.71 feet to a 1-inch iron pipe found for corner; THENCE North 60°30'30" West, continuing along the southerly line of said 7.493-acre tract and the northerly line of said 139.983-acre tract, a distance of 753.11 feet to a 1/2-inch iron rod found for the southwest corner of said 7.493-acre tract and the northwest corner of said 139.983-acre tract, same being on an easterly line of aforesaid 179.55-acre tract; THENCE South 03°14'06" West, along the easterly line of said 179.55-acre tract and the westerly line of said 139.983-acre tract, a distance of 278.87 feet to a 1/2-inch iron rod found for corner; THENCE South 35°44'24" West, continuing along the easterly line of said 179.55-acre tract and the westerly line of said 139.983-acre tract, a distance of 668.54 feet to a 1-inch iron pipe found for corner; THENCE South 12°31'05" East, continuing along the easterly line of said 179.55-acre tract and the westerly line of said 139.983-acre tract, a distance of 690.45 feet to a 1.5-inch iron pipe found for corner; THENCE South 22°16'10" East, continuing along the easterly line of said 179.55-acre tract and the westerly line of said 139.983-acre tract, a distance of 763.64 feet to a 1-inch iron pipe found for corner; THENCE South 22°57'03" West, continuing along the easterly line of said 179.55-acre tract and the westerly line of said 139.983-acre tract, a distance of 88.61 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” found for the northwest corner of aforesaid 6.836-acre tract; THENCE South 55°59'25" East, departing the easterly line of said 179.55-acre tract, along the northerly line of said 6.836-acre tract and the westerly line of said 139.983-acre tract, a distance of 162.63 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” found for the northeast corner of said 6.836-acre tract; THENCE South 20°05'05" West, along the easterly line of said 6.836-acre tract and the westerly line of said 139.983-acre tract, a distance of 311.17 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” found for corner; THENCE South 28°38'55" East, continuing along the easterly line of said 6.836-acre tract and the westerly line of said 139.983-acre tract, a distance of 272.83 feet to a 5/8-inch iron rod with a red plastic cap, stamped “KHA” found for corner; THENCE South 17°53'59" West, continuing along the easterly line of said 6.836-acre tract and the westerly line of said 139.983-acre tract, a distance of 452.04 feet to the POINT OF BEGINNING and containing 204.66 acres (8,915,160 square feet) of land, more or less. TRACT 2 : EASEMENT ESTATE A Non-exclusive easement for road purposes created in instrument executed by W. B. Powell to Grayson-Collin Recreational Association, Inc., dated February 19, 1968, filed March 19, 1970, recorded in Volume 753, Page 387, Deed Records, Collin County, Texas. NOTES ADDRESSING SCHEDULE B EXCEPTIONS: (Pursuant to Commitment for Title Insurance, issued by First National Title Insurance Company, GF. No. 25-869201-DC, effective date June 11, 2025, issued July 1, 2025.) 10f.Easement created in instrument executed by D. E. Billups, et ux to Collin County Soil Conserv. District, dated October 20, 1956, filed September 12, 1957, recorded in Volume 532, Page 368, Deed Records, Collin County, Texas. (Does not affect Tracts 1 and 2) 10g.Easement created in instrument executed by D. E. Billups, et ux to Collin County Soil Conserv. Dist., dated October 20, 1956, filed September 12, 1957, recorded in Volume 532, Page 381, Deed Records, Collin County, Texas. (Does not affect Tracts 1 and 2) 10h.Easement created in instrument executed by S. W. Turner, et ux to Collin County Soil Conserv. Dist., dated March 24, 1956, filed September 12, 1957, recorded in Volume 532, Page 384, Deed Records, Collin County, Texas. (Does not affect Tracts 1 and 2) 10i.Easement created in instrument executed by Fulton Emerson to Collin County Soil Conserv. Dist., dated , filed September 12, 1957, recorded in Volume 532, Page 386, Deed Records, Collin County, Texas. (Affects Tract 1. Unable to determine location due to vague description) 10j.Easement and authorization to withdraw water granted in instrument executed by W. B. Powell, et ux to Grayson-Collin Recreational Association, Inc., dated February 19, 1968, filed July 11, 1968, recorded in Volume 713, Page 226, Deed Records, Collin County, Texas. (Affects the 179.55-Acre portion of Tract 1) 10k.Easement (South Temporary Construction Easement) created in instrument executed by Grayson-Collin Recreational Association, Inc., a Texas nonprofit corporation to PH Land Holdings, LLC, a Texas limited liability company, et al, dated March 28, 2025, filed April 1, 2025, recorded in Clerk's No. 2025000038080, Real Property Records, Collin County, Texas. (Affects Tract 1 as shown) 10l.Easement (North Temporary Construction Easement) created in instrument executed by Grayson-Collin Recreational Association, Inc., a Texas non-profit corporation to PH Land Holdings, LLC, a Texas limited liability company, et al, dated March 28, 2025, filed April 1, 2025, recorded in Clerk's No. 2025000038081, Real Property Records, Collin County, Texas. (Affects Tract 1 as shown) 10m.Easement for road purposes created in instrument executed by W. B. Powell to Grayson-Collin Recreational Association, Inc., dated February 19, 1968, filed March 19, 1970, recorded in Volume 753, Page 387, Deed Records, Collin County, Texas. (Affects Tract 1 as shown and is Tract 2) 10n.Terms and provisions of Infrastructure Development Agreement as set out in that Memorandum of Agreement by and between Liberty 800, LP, a Texas limited partnership, Grayson-Collin Recreational Association, Inc., a Texas corporation; PH Land Holdings, LLC, a a Texas limited liability company, LH Residential Development, LLC, a Texas limited liability company and SH Dev Liberty Hills Anna, LLC., a Texas limited liability company dated March 28, 2025, filed April 1, 2025, recorded in Clerk's No. 20250000038083, Real Property Records, Collin County, Texas. (Affects Tracts 1 and 2. Blanket in nature) 10o.Terms and provisions of Development Agreement by and between the City of Anna, Texas and Grayson Collin Recreation Association, Inc. dated November 23, 2010, filed April 7, 2011, as set out in Resolution No. 2010-11-08, recorded in Clerk's No. 20110407000364700, Real Property Records, Collin County, Texas. (Affects the 179.55-Acre and 7.493-Acre portions of Tract 1. Blanket in nature) 10p.Permit to Appropriate State Water (Permit No. 2379), granted to Grayson-Collin Recreational Association, Inc., dated June 20, 1968, filed July 26, 1968, recorded in Clerk's No. 6721 (Volume 1, Page 81), Deed Records, Collin County, Texas. (Affects Tract 1. Blanket in nature) 10q.Permit to Appropriate State Water (Permit No. 2378), granted to Grayson-Collin Recreational Association., Inc., dated June 20, 1968, filed July 26, 1968, recorded in Clerk's No. 6722 (Volume 1, Page 83), Deed Records, Collin County, Texas. (Affects Tract 1. Blanket in nature) 10r.Amendment to Certificate of Adjudication (Certificate No. 08-2400A), executed by Texas Natural Resource Conservation Commission to Grayson-Collin Recreation Association, Inc., d.b.a Hurricane Creek Country Club, dated January 20, 2000, filed February 3, 2000, recorded in Volume 4603, Page 150 (Clerk's No. 00-0013810), Real Property Records, Collin County, Texas. (Affects Tract 1. Blanket in nature) 10s.Terms and provisions of Resolution No. 2010-11-08 of the City of Anna, Texas, regarding extraterritorial jurisdiction, executed by and between the City of Anna, Texas and Grayson Collin Recreation Association, Inc., dated November 23, 2010, filed April 7, 2011, recorded in Clerk's No. 201104070000364700, Real Property Records, Collin County, Texas. (This is the same as Item 10o above) 10t.Terms, provisions and other matters regarding solid waste disposal sites for demolition debris, notice of which are given in Affidavit To The Public, executed by Grayson-Collin Recreational Association, Inc., dated November 11, 1996, filed November 22, 1996, recorded in Clerk's No. 96-0100487, Real Property Records, Collin County, Texas. (Affects Tract 1. Unable to plot.) 10u.Mineral and/or royalty interest(s) in and to all coal, lignite, oil, gas and other minerals, together with all rights appurtenant u. thereto as set out in instruments recorded in Volume 440, Page 7; Volume 453, Page 41; Volume 489, Page 481 , Real Property Records, Collin County, Texas. 10v.Easement for permanent sewer easement (South) created in instrument executed by Grayson-Collin Recreational Association, Inc. to the City of Anna, dated April 15, 2025, filed May 8, 2025, recorded in Clerk's No. 2025000056973, Real Property Records, Collin County, Texas. (Affects Tract 1 as shown) 10w.Easement for permanent sewer easement created in instrument executed by Grayson-Collin Recreational Association, Inc. to City of Anna, dated April 15, 2025, filed May 8, 2025, recorded in Clerk's No. 2025000056974, Real Property Records, Collin County, Texas. (Affects Tract 1 as shown) 10x.Easement for permanent sewer easement (North) created in instrument executed by Grayson-Collin Recreational Association, Inc. to City of Anna, dated April 15, 2025, filed May 8, 2025, recorded in Clerk's No. 2025000056975, Real Property Records, Collin County, Texas. (Affects Tract 1 as shown) 10y.The existence of an on-site sewage facility (OSSF), together with the terms and provisions as set-out if the Affidavit to the Public dated January 1, 2014, filed October 1, 2014, recorded in Clerk's No. 20141001001073510, Real Property Records, Collin County, Texas. (Affects Tract 1. Blanket in nature) 10z.Terms, conditions, and provisions of that certain Golf Course Declaration affecting an adjoining tract, for the benefit of the property described on Schedule A, in instrument filed April 1, 2025, recorded in Clerk's File No. 2025000038082, Real Property Records, Collin County, Texas. (Affects Tract 1. Blanket in nature) NOTES: Per the client's request, the improvements shown hereon are per aerial imagery provided by Nearmap, dated May 20, 2025, and have not been field verified. The surveyor did not abstract the surveyed property. This survey was performed with the benefit of a current title commitment issued by First National Title Insurance Company, GF. No. 25-869201-DC, effective date June 11, 2025. FLOOD STATEMENT: According to Federal Emergency Management Agency's Flood Insurance Rate Map No. 48085C0065J and Map No. 48085C0155J, for Collin County, Texas and incorporated areas, dated June 2, 2009, this property is located within Zone X (unshaded) defined as "Areas determined to be outside the 0.2% annual chance floodplain" and Zone A defined as "Special flood hazard areas (SFHAs) subject to inundation by the 1% annual chance flood (No Base Flood Elevations determined)" For the portions of this site is not within an identified special flood hazard area, this flood statement does not imply that the property and/or the structures thereon will be free from flooding or flood damage. On rare occasions, greater floods can and will occur and flood heights may be increased by man-made or natural causes. This flood statement shall not create liability on the part of the surveyor. LAND TITLE SURVEY 204.66 ACRES HURRICANE CREEK COUNTRY CLUB W. P. BURNS SURVEY, ABSTRACT NO. 100, ZACHARIAH ROBERTS SURVEY, ABSTRACT NO. 760, HENRY SMITH SURVEY, ABSTRACT NO. 822 & JONAS WHITAKER SURVEY, ABSTRACT NO. 981 CITY OF ANNA, COLLIN COUNTY, TEXAS PRELIMINARY THIS DOCUMENT SHALL NOT BE RECORDED FOR ANY PURPOSE AND SHALL NOT BE USED OR VIEWED OR RELIED UPON AS A FINAL SURVEY DOCUMENT Item No. 7.b. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Joseph Cotton AGENDA ITEM: Discuss, Consider and Take Appropriate Action to adopt a Resolution of the City of Anna, Texas determining the costs of certain Authorized Improvements to be financed by the Sherley Farms Public Improvement District for Improvement Area #1 thereof; Approving a Preliminary Service Plan and Assessment Plan, Including the proposed Assessment Roll for Improvement Area #1; Calling a Regular Meeting and Noticing a Public Hearing for February 10, 2026, to Consider an Ordinance Levying Assessments on property located within Improvement Area #1 of said District; Directing the Filing of the proposed Assessment Roll with the City Secretary to make available for public inspection; Directing City Staff to publish and mail notice of said Public Hearing; and Resolving other matters incident and related thereto. (Director of Public Works Joseph Cotton) SUMMARY: Discuss, Consider and Take Appropriate Action to adopt a Resolution of the City of Anna, Texas determining the costs of certain Authorized Improvements to be financed by the Sherley Farms Public Improvement District for Improvement Area #1 thereof; Approving a Preliminary Service Plan and Assessment Plan, Including the proposed Assessment Roll for Improvement Area #1; Calling a Regular Meeting and Noticing a Public Hearing for February 10, 2026, to Consider an Ordinance Levying Assessments on property located within Improvement Area #1 of said District; Directing the Filing of the proposed Assessment Roll with the City Secretary to make available for public inspection; Directing City Staff to publish and mail notice of said Public Hearing; and Resolving other matters incident and related thereto. FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Excellent. ATTACHMENTS: 1. 01 - Resolution Determining Costs - Sherley Farms PID v2 2. 2026-01-02_ANN_Sherley Farms _PSAP_vFinal CERTIFICATE FOR RESOLUTION THE STATE OF TEXAS COLLIN COUNTY CITY OF ANNA We, the undersigned officers of the City of Anna, Texas (the "City"), hereby certify as follows: 1. The City Council (the "Council") of the City convened in a regular meeting on January 13, 2026, at the regular designated meeting place, and the roll was called of the duly constituted officers and members of the Council, to wit: Pete Cain, Mayor Kelly Patterson-Herndon, Council Member Kevin Toten, Mayor Pro Tem Elden Baker, Council Member Stan Carver II, Deputy Mayor Pro-Tem Manny Singh, Council Member Nathan Bryan, Council Member Marc Marchand, Acting City Manager Carrie Land, City Secretary and all of said persons were present, except ________________________________________, thus constituting a quorum. Whereupon, among other business the following was transacted at said meeting: a written A RESOLUTION OF THE CITY OF ANNA, TEXAS DETERMINING THE COSTS OF CERTAIN AUTHORIZED IMPROVEMENTS TO BE FINANCED BY THE SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT FOR IMPROVEMENT AREA #1 THEREOF; APPROVING A PRELIMINARY SERVICE PLAN AND ASSESSMENT PLAN, INCLUDING THE PROPOSED ASSESSMENT ROLL FOR IMPROVEMENT AREA #1; CALLING A REGULAR MEETING AND NOTICING A PUBLIC HEARING FOR FEBRUARY 10, 2026 TO CONSIDER AN ORDINANCE LEVYING ASSESSMENTS ON PROPERTY LOCATED WITHIN IMPROVEMENT AREA #1 OF SAID DISTRICT; DIRECTING THE FILING OF THE PROPOSED ASSESSMENT ROLL WITH THE CITY SECRETARY TO MAKE AVAILABLE FOR PUBLIC INSPECTION; DIRECTING CITY STAFF TO PUBLISH AND MAIL NOTICE OF SAID PUBLIC HEARING; AND RESOLVING OTHER MATTERS INCIDENT AND RELATED THERETO was duly introduced for the consideration of the Council. It was then duly moved and seconded that said Resolution be passed; and, after due discussion, said motion, carrying with it the passage of said Resolution, prevailed and carried, with all members of the Council shown present above voting "Aye," except as noted below: NAYS: ABSTENTIONS: 2. A true, full, and correct copy of the aforesaid Resolution passed at the meeting described in the above and foregoing paragraph is attached to and follows this Certificate; said Resolution has been duly recorded in the Council's minutes of said meeting; the above and foregoing paragraph is a true, full, and correct excerpt from the Council's minutes of said meeting pertaining to the passage of said Resolution; the persons named in the above and foregoing paragraph are the duly chosen, qualified, and acting officers and members of the Council as indicated therein; that each of the officers and members of the Council was duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose of the aforesaid meeting, and that said Resolution would be introduced and considered for passage at said meeting, and each of said officers and members consented, in advance, to the holding of said meeting for such purpose; and that said meeting was open to the public, and public notice of the time, place, and purpose of said meeting was given all as required by the Texas Government Code, Chapter 551. 3. The Council has approved and hereby approves the Resolution; and the Mayor (or Mayor Pro Tem) and City Secretary hereby declare that their signing of this certificate shall constitute the signing of the attached and following copy of said Resolution for all purposes. SIGNED AND SEALED ON JANUARY 13, 2026. ATTEST: ___________________________________ Pete Cain, Mayor ___________________________________ Carrie L. Land, City Secretary (SEAL) CITY OF ANNA, TEXAS RESOLUTION NO. 2026-01-_____ A RESOLUTION OF THE CITY OF ANNA, TEXAS DETERMINING THE COSTS OF CERTAIN AUTHORIZED IMPROVEMENTS TO BE FINANCED BY THE SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT FOR IMPROVEMENT AREA #1 THEREOF; APPROVING A PRELIMINARY SERVICE PLAN AND ASSESSMENT PLAN, INCLUDING THE PROPOSED ASSESSMENT ROLL FOR IMPROVEMENT AREA #1; CALLING A REGULAR MEETING AND NOTICING A PUBLIC HEARING FOR FEBRUARY 10, 2026 TO CONSIDER AN ORDINANCE LEVYING ASSESSMENTS ON PROPERTY LOCATED WITHIN IMPROVEMENT AREA #1 OF SAID DISTRICT; DIRECTING THE FILING OF THE PROPOSED ASSESSMENT ROLL WITH THE CITY SECRETARY TO MAKE AVAILABLE FOR PUBLIC INSPECTION; DIRECTING CITY STAFF TO PUBLISH AND MAIL NOTICE OF SAID PUBLIC HEARING; AND RESOLVING OTHER MATTERS INCIDENT AND RELATED THERETO RECITALS WHEREAS, the Public Improvement District Assessment Act, Texas Local Government Code, Chapter 372, as amended (the "Act") authorizes the governing body (the “City Council”) of the City of Anna, Texas (the “City”) to create a public improvement district within the City; and WHEREAS, on March 25, 2025, the City Council conducted a public hearing to consider a petition received by the City on January 15, 2025 titled “Petition to Establish Sherley Farms Public Improvement District” requesting the creation of a public improvement district within the City; and WHEREAS, on March 25, 2025, the City Council approved Resolution No. 2025-03- 1753 (the “Authorization Resolution”), authorizing, establishing and creating Sherley Farms Public Improvement District (the "District"), which Authorization Resolution was recorded in the real property records of Collin County, Texas as Document No. 2025000037469; and WHEREAS, the City authorized the creation of the District and funding up to $300,000,000.00 in costs for the District to finance certain public improvements authorized by the Act for the benefit of the property within the District (the "Authorized Improvements"); and WHEREAS, the City Council and the City staff have been presented a "Sherley Farms Public Improvement District Preliminary Service and Assessment Plan", including the proposed Improvement Area #1 Assessment Roll attached thereto (the "Proposed Assessment Roll") (collectively, the "Preliminary SAP"), a copy of which is attached hereto as Exhibit A and is incorporated herein for all purposes; and WHEREAS, the Preliminary SAP sets forth the estimated total costs of certain Authorized Improvements to be financed by the District for the initial phase of development and the Proposed Assessment Roll states the assessments proposed to be levied against each parcel of assessable property in Improvement Area #1 of the District as determined by the method of assessment chosen by the City; and WHEREAS, the Act requires that the Proposed Assessment Roll be filed with the City Secretary of the City (the “City Secretary”) and be subject to public inspection; and WHEREAS, the Act requires that a public hearing (the “Assessment Hearing”) be called to consider proposed assessments and requires the City Council to hear and pass on any objections to the proposed assessments at, or on the adjournment of, the Assessment Hearing; and WHEREAS, the Act requires that notice of the Assessment Hearing be mailed to property owners liable for assessment and published in a newspaper of general circulation in the City and in the part of the extraterritorial jurisdiction in which the district is to be located or in which the improvements are to be undertaken before the tenth (10th) day before the date of the Assessment Hearing. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS AS FOLLOWS: SECTION 1. THAT the recitals set forth above in this Resolution are true and correct and are hereby adopted as findings of the City Council and are incorporated into the body of this Resolution as if fully set forth herein. SECTION 2. THAT the City Council does hereby accept the Preliminary SAP for the District, including the Proposed Assessment Roll, a copy of which is attached hereto as Exhibit A and is incorporated herein for all purposes. All capitalized terms not otherwise defined herein shall have the meanings given to such terms in the Preliminary SAP. SECTION 3. THAT the City Council hereby determines that the total costs of the Improvement Area #1 Projects (as defined in the Preliminary SAP) to be financed by the District are as set forth in Exhibit B of the Preliminary SAP, which costs include the payment of expenses incurred in the administration of the District or related to the issuance of any bonds. SECTION 4. THAT the City Council’s final determination and approval of the costs of the Improvement Area #1 Authorized Improvements, or any portion thereof, shall be subject to and contingent upon City Council approval of a final Service and Assessment Plan which will include the final Improvement Area #1 Assessment Roll, after the properly noticed and held Assessment Hearing. SECTION 5. THAT the Proposed Assessment Roll states the assessment proposed to be levied against each parcel of assessable property in Improvement Area #1 of the District as determined by the method of assessment chosen by the City in the Authorization Resolution and as more fully described in the Preliminary SAP. SECTION 6. THAT the City Council expressly defers the levy of assessments against property within future phases of the District for phase-specific improvements that will benefit only the property within each subsequent phase until such time as the costs of such phase- specific improvements can be determined with certainty as referenced in the Preliminary SAP. SECTION 7. THAT the City Council hereby authorizes and directs the filing of the Proposed Assessment Roll with the City Secretary and the same shall be available for public inspection. SECTION 8. THAT the City Council hereby authorizes, and calls, a meeting and a public hearing (the Assessment Hearing as defined above) to be held on February 10, 2026 at 6:00 p.m. at the City of Anna Municipal Complex, Council Chambers, 120 W. 7th Street, Anna, Texas 75409, or such other location as designated by the City and noticed pursuant to the Act, at which the City Council shall, among other actions, hear and pass on any objections to the Proposed Assessment Roll; and, upon the adjournment of the Assessment Hearing, the City Council will consider an ordinance levying the assessments as special assessments on property within Improvement Area #1 of the District (which ordinance shall specify the method of payment of the assessments). SECTION 9. THAT the City Council hereby authorizes and directs the City Secretary to publish notice of the Assessment Hearing to be held on February 10, 2026, in substantially the form attached hereto as Exhibit B and incorporated herein for all purposes; provided however, that the location is subject to change as designated by the City, in a newspaper of general circulation in the City, on or before Friday, January 30, 2026, which is before the tenth (10th) day before the date of the Assessment Hearing, as required by Section 372.016(b) of the Act. SECTION 10. THAT when the Proposed Assessment Roll is filed with the City Secretary, the City Council hereby authorizes and directs the City Secretary to mail to owners of property liable for assessment notice of the Assessment Hearing to be held on February 10, 2026, on or before Friday, January 30, 2026, as required by Section 372.016(c) of the Act. SECTION 11. THAT City staff is authorized and directed to take such other actions as are required (including, but not limited to, notice of the public hearing as required by the Texas Open Meetings Act) to place the public hearing on the agenda for the February 10, 2026 meeting of the City Council. SECTION 12. THAT this Resolution shall become effective from and after its date of passage in accordance with law. PASSED AND APPROVED on this the 13th day of January, 2026. EXHIBIT B NOTICE IS HEREBY GIVEN THAT a public hearing will be conducted by the City Council of Anna, Texas on February 10, 2026 at 6:00 p.m.at the City of Anna Municipal Complex, City Council Chambers, 120 W. 7th Street, Anna, Texas 75409. The public hearing will be held to consider proposed assessments to be levied against the assessable property within Sherley Farms Public Improvement District (the “District”) pursuant to the provisions of Chapter 372 of the Texas Local Government Code, as amended (the “Act”). The general nature of the proposed public improvements (collectively, the "Authorized Improvements") may include: (i) street and roadway improvements, including related sidewalks, drainage, utility relocation, signalization, landscaping, lighting, signage, off-street parking and right-of-way; (ii) establishment or improvement of parks and open space, together with the design, construction of any ancillary structures, features or amenities such as trails, playgrounds, walkways, lighting and any similar items located therein; (iii) sidewalks and landscaping, including entry monuments and features, fountains, lighting and signage; (iv) acquisition, construction, and improvement of water, wastewater and drainage improvements and facilities and facilities related thereto; (v) acquisition of real property, interests in real property, or contract rights in connection with the Authorized Improvements (as defined below); (vi) payment of costs, including, without limitation, design, engineering, permitting, legal, required payment, performance and maintenance bonds, bidding, support, construction, construction management, administrative and inspection costs, associated with developing and financing the public improvements listed in (i) through (v) above; (vii) projects similar to those listed in subsections (i) - (v) above or authorized by the Act, including similar off-site projects that provide a benefit to the property within the District; (viii) any additional improvement projects authorized in the Act; (ix) payment of costs associated with special supplemental services for improvement and promotion of the District as approved by the City including services related to advertising, promotion, health and sanitation, water and wastewater, public safety, security, business recruitment, development, recreation, and cultural enhancement; and (x) payment of costs associated with developing and financing the public improvements listed in (i) - (ix) above, as well as the interest, costs of issuance, reserve funds, or credit enhancement of bonds issued for the purposes described in (i) through (ix) above, and costs of establishing, administering and operating the District (collectively, the “Authorized Improvements”); and (b) the payment of expenses incurred in the establishment, administration, and operation of the District, including maintenance costs, costs of issuance, funding debt service and capitalized interest reserves and credit enhancement fees of any bonds issued by or on behalf of the District, if necessary. These Authorized Improvements shall promote the interests of the City and confer a special benefit upon the property in the District. The total costs of the Improvement Area #1 Projects, including the costs of creating the District and issuing the bonds, is approximately [$__________]. The boundaries of the District include approximately 1,123.592 acres of land located within the city limits of the City and as more particularly described by a metes and bounds description available for public inspection at the office of the City Secretary, 120 W. 7th Street, Anna, Texas 75409. All written or oral objections on the proposed assessment within the District will be considered at the public hearing. th Street, Anna, Texas 75409. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 0 Sherley Farms Public Improvement District PRELIMINARY SERVICE AND ASSESSMENT PLAN SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 1 TABLE OF CONTENTS Table of Contents ............................................................................................................................ 1 Introduction .................................................................................................................................... 3 Section I: Definitions ....................................................................................................................... 4 Section II: The District ................................................................................................................... 11 Section III: Authorized Improvements .......................................................................................... 11 Section IV: Service Plan ................................................................................................................. 13 Section V: Assessment Plan .......................................................................................................... 13 Section VI: Terms of the Assessments .......................................................................................... 17 Section VII: Assessment Roll ......................................................................................................... 23 Section VIII: Additional Provisions ................................................................................................ 24 Exhibits .......................................................................................................................................... 26 Appendices .................................................................................................................................... 27 Exhibit A-1 – Map of the District ................................................................................................... 28 Exhibit A-2 – Map of Improvement Area #1 ................................................................................. 29 Exhibit A-3 - Improvement Area #1 Lot Type Classification Map ................................................. 30 Exhibit B – Project Costs ............................................................................................................... 31 Exhibit C – Service Plan ................................................................................................................. 32 Exhibit D – Sources and Uses of Funds ......................................................................................... 33 Exhibit E – Maximum Assessment and Tax Rate Equivalant ........................................................ 34 Exhibit F-1 – Improvement Area #1 Assessment Roll ................................................................... 35 Exhibit F-2 – Improvement Area #1 Annual Installments ............................................................. 36 Exhibit G-1 – Maps of Major Improvements ................................................................................ 37 Exhibit G-2 – Maps of Improvement Area #1 Improvements ...................................................... 39 Exhibit G-3 - Maps of Trail Improvements .................................................................................... 43 Exhibit H – TIRZ No. 9 Annual Credit Amount by Lot Type ........................................................... 44 Exhibit I – Form of Notice of Assessment Termination ................................................................ 45 Exhibit J – Debt Service Schedule for Improvement Area #1 Bonds ............................................ 48 Exhibit K-1 – District Legal Description ......................................................................................... 49 Exhibit K-2 – Improvement Area #1 Legal Description ................................................................. 54 Appendix A – Engineer’s Report ................................................................................................... 58 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 2 Appendix B – Buyer Disclosures .................................................................................................... 59 Sherley Farms Public Improvement District - Improvement Area #1 Initial Parcel Buyer Disclosure ...................................................................................................................................... 60 Sherley Farms Public Improvement District - Improvement Area #1 Lot Type 1 Buyer Disclosure ....................................................................................................................................................... 66 Sherley Farms Public Improvement District - Improvement Area #1 Lot Type 2 Buyer Disclosure ....................................................................................................................................................... 72 Sherley Farms Public Improvement District Improvement Area #1 Lot Type 3 Buyer Disclosure 78 Sherley Farms Public Improvement District - Improvement Area #1 Lot Type 4 Buyer Disclosure ....................................................................................................................................................... 84 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 3 INTRODUCTION Capitalized terms used in this Service and Assessment Plan shall have the meanings given to them in Section I unless otherwise defined in this Service and Assessment Plan or unless the context in which a term is used clearly requires a different meaning. Unless otherwise defined, a reference to a “Section,” an “Exhibit,” or an “Appendix” shall be a reference to a Section of this Service and Assessment Plan or an Exhibit or Appendix attached to and made a part of this Service and Assessment Plan for all purposes. On March 25, 2025, the City Council passed and approved Resolution No. 2025-03-1753 authorizing the establishment of the District in accordance with the PID Act, which authorization was effective upon approval in accordance with the PID Act. The purpose of the District is to finance the Actual Costs of Authorized Improvements that confer a special benefit on approximately 1,123.592 acres located within the corporate limits of the City, as described by the legal description on Exhibit K-1 and depicted on Exhibit A-1. The PID Act requires a service plan must (i) cover a period of at least five years; (ii) define the annual indebtedness and projected cost of the Authorized Improvements; and (iii) include a copy of the notice form required by Section 5.014 of the Texas Property Code, as amended. The Service Plan is contained in Section IV and the notice form is attached as Appendix B. The PID Act requires that the Service Plan include an Assessment Plan that assesses the Actual Costs of the Authorized Improvements against the Assessed Property within the District based on the special benefits conferred on such property by the Authorized Improvements. The Assessment Plan is contained in Section V. The PID Act requires an Assessment Roll that states the Assessment against each Parcel determined by the method chosen by the City Council. The Assessment against each Parcel of Assessed Property must be sufficient to pay the share of the Actual Costs of the Authorized Improvements apportioned to such Parcel and cannot exceed the special benefit conferred on the Parcel by such Authorized Improvements. The Improvement Area #1 Assessment Roll is included as Exhibit F-1. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 4 SECTION I: DEFINITIONS “2026 Assessment Ordinance” means an Assessment Ordinance approved and adopted by the City Council on February 10, 2026, which levied the Improvement Area #1 Assessment against Improvement Area #1 Assessed Property, and approved this Service and Assessment Plan. “Actual Costs” mean, with respect to Authorized Improvements, the actual costs paid or incurred by or on behalf of the Developer, (either directly or through affiliates), including: (1) the costs for the design, planning, financing, administration/management, acquisition, installation, construction and/or implementation of such Authorized Improvements; (2) the fees paid for obtaining permits, licenses, or other governmental approvals for such Authorized Improvements; (3) the costs for external professional services, such as engineering, geotechnical, surveying, land planning, architectural landscapers, appraisals, legal, accounting, and similar professional services; (4) the costs for all labor, bonds, and materials, including equipment and fixtures, owing to contractors, builders, and materialmen engaged in connection with the acquisition, construction, or implementation of the Authorized Improvements; (5) all related permitting and public approval expenses, and architectural, engineering, consulting, and other governmental fees and charges; and (6) costs to implement, administer, and manage the above-described activities including, but not limited to, a construction management fee equal to four percent (4%) of construction costs if managed by or on behalf of the Developer. “Additional Interest” means the amount collected by the application of the Additional Interest Rate. “Additional Interest Rate” means the up to 0.50% additional interest rate that may be charged on Assessments securing PID Bonds pursuant to Section 372.018 of the PID Act “Administrator” means the City or independent firm designated by the City who shall have the responsibilities provided in this Service and Assessment Plan, any Indenture, or any other agreement or document approved by the City related to the duties and responsibilities of the administration of the District. The initial Administrator is P3Works, LLC. “Annual Collection Costs” mean the actual or budgeted costs and expenses related to the operation of the District, including, but not limited to, costs and expenses for: (1) the Administrator; (2) City staff; (3) legal counsel, engineers, accountants, financial advisors, and other consultants engaged by the City; (4) calculating, collecting, and maintaining records with respect to Assessments and Annual Installments; (5) preparing and maintaining records with respect to Assessment Rolls and Annual Service Plan Updates; (6) paying and redeeming PID Bonds; (7) investing or depositing Assessments and Annual Installments; (8) complying with this SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 5 Service and Assessment Plan, the PID Act, and any Indenture, with respect to the PID Bonds, including the City’s continuing disclosure requirements; and (9) the paying agent/registrar and Trustee in connection with PID Bonds, including their respective legal counsel. Annual Collection Costs collected but not expended in any year shall be carried forward and applied to reduce Annual Collection Costs for subsequent years. “Annual Installment” means the annual installment payment of an Assessment as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Annual Collection Costs; and (4) Additional Interest related to the PID Bonds, if applicable. “Annual Service Plan Update” means an update to this Service and Assessment Plan prepared no less frequently than annually by the Administrator and approved by the City Council. “Assessed Property” means any Parcel within the District against which an Assessment is levied. “Assessment” means an assessment levied against Assessed Property to pay the costs of certain Authorized Improvements as specified herein, which Assessment is imposed pursuant to an Assessment Ordinance and the provisions herein, as shown on an Assessment Roll, subject to reallocation upon the subdivision of such Assessed Property or reduction according to the provisions herein and in the PID Act. “Assessment Ordinance” means an ordinance adopted by the City Council in accordance with the PID Act that levies an Assessment on the Assessed Property, as shown on any Assessment Roll. “Assessment Plan” means the methodology employed to assess the Actual Costs of the Authorized Improvements against the Assessed Property based on the special benefits conferred on such property by the Authorized Improvements, more specifically set forth and described in Section V. “Assessment Roll” means any assessment roll for the Assessed Property, including the Improvement Area #1 Assessment Roll, as updated, modified or amended from time to time in accordance with the procedures set forth herein and in the PID Act, including in any Annual Service Plan Updates. The Assessment Roll is included in this Service and Assessment Plan as Exhibit F-1. “Authorized Improvements” means the improvements authorized by Section 372.003 of the PID Act, as further depicted on Exhibit G-1 and Exhibit G-2. “Bond Issuance Costs” means the costs associated with issuing PID Bonds, including, but not limited to, attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication costs, capitalized interest, reserve fund requirements, underwriter’s discount, fees SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 6 charged by the Texas Attorney General, and any other cost or expense incurred by the City directly associated with the issuance of any series of PID Bonds. “City” means the City of Anna, Texas. “City Council” means the governing body of the City. “County” means Collin County, Texas. “Delinquent Collection Costs” mean costs related to the foreclosure on Assessed Property and the costs of collection of delinquent Assessments, delinquent Annual Installments, or any other delinquent amounts due under this Service and Assessment Plan, including penalties and reasonable attorney’s fees actually paid, but excluding amounts representing interest and penalty interest. “Developer” means Tellus Texas III, LLC and Sherley Partners, LTD. and any successors or assigns that intend to develop property in the District for the ultimate purpose of transferring title to end users. “District” means the Sherley Farms Public Improvement District containing approximately 1,123.592 acres located within corporate limits of the City, and more specifically described in Exhibit K-1 and depicted on Exhibit A-1. “District Formation Costs” means the costs associated with forming the District, including, but not limited to, attorney fees, and any other cost or expense incurred by the City directly associated with the establishment of the District. “Engineer’s Report” means the report provided by a licensed professional engineer that describes the Authorized Improvements, including their costs, location, and benefit, and is attached hereto as Appendix A. “Estimated Buildout Value” means the estimated value of an Assessed Property with fully constructed buildings, as provided by the Developer and confirmed by the City Council, by considering such factors as density, lot size, proximity to amenities, view premiums, location, market conditions, historical sales, builder contracts, discussions with homebuilders, reports from third party consultants, or any other factors that, in the judgment of the City, may impact value. The Estimated Buildout Value for each Lot Type is shown on Exhibit E. “Improvement Area #1” means approximately 135.00 acres located within the District, more specifically described in Exhibit K-2 and depicted on Exhibit A-2. “Improvement Area #1 Annual Installment” means the Annual Installment of the Improvement Area #1 Assessment as calculated by the Administrator and approved by the City Council, that SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 7 includes: (1) principal; (2) interest; (3) Annual Collection Costs related to Improvement Area #1; and (4) Additional Interest related to the Improvement Area #1 Bonds, as shown on Exhibit F-2, which amount may be reduced by the TIRZ No. 9 Annual Credit Amount. “Improvement Area #1 Assessed Property” means any Parcel within Improvement Area #1 against which an Improvement Area #1 Assessment is levied. “Improvement Area #1 Assessment” means an Assessment to be levied against Improvement Area #1 Assessed Property to pay for a portion of the Improvement Area #1 Authorized Improvements, and imposed pursuant to the 2026 Assessment Ordinance and the provisions herein, as shown on the Improvement Area #1 Assessment Roll, subject to reallocation or reduction pursuant to the provisions set forth in Section VI herein and in the PID Act. “Improvement Area #1 Assessment Roll” means the Assessment Roll for the Improvement Area #1 Assessed Property, as updated, modified, or amended from time to time in accordance with the procedures set forth herein and in the PID Act, including any updates prepared in connection with the issuance of PID Bonds or any Annual Service Plan Updates. The Improvement Area #1 Assessment Roll is included in this Service and Assessment Plan as Exhibit F-1. “Improvement Area #1 Authorized Improvements” means collectively, (1) the Improvement Area #1 Improvements; (2) the first year’s Annual Collection Costs related to the Improvement Area #1 Bonds; and (3) Bond Issuance Costs incurred in connection with the issuance of Improvement Area #1 Bonds. “Improvement Area #1 Bonds” means those certain “City of Anna, Texas, Special Assessment Revenue Bonds, Series 2026 (Sherley Farms Public Improvement District Improvement Area #1 Project)” that shall be secured primarily by Improvement Area #1 Assessments. “Improvement Area #1 Improvements” means the Authorized Improvements which only benefit the Improvement Area #1 Assessed Property, as further described in Section III and depicted on Exhibit G-2. “Improvement Area #1 Initial Parcel” means all of the Improvement Area #1 Assessed Property against which the entire Improvement Area #1 Assessment is levied, as shown on the Improvement Area #1 Assessment Roll as shown on Exhibit F-1. “Improvement Area #1 Major Improvements” means the portion of the Major Improvements to be completed concurrently with the completion of lots in Improvement Area #1. “Indenture” means an Indenture of Trust entered into between the City and the Trustee in connection with the issuance of each series of PID Bonds, as amended from time to time, setting forth the terms and conditions related to a series of PID Bonds. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 8 “Lot” means (1) for any portion of the District for which a final subdivision plat has been recorded in the Plat or Official Public Records of the County, a tract of land described by “lot” in such subdivision plat; and (2) for any portion of the District for which a subdivision plat has not been recorded in the Plat or Official Public Records of the County, a tract of land anticipated to be described as a “lot” in a final recorded subdivision plat as shown on a concept plan or a preliminary plat. A “Lot” shall not include real property owned by a government entity, even if such property is designated as a separate described tract or lot on a recorded subdivision plat. “Lot Type” means a classification of final building Lots with similar characteristics (e.g. lot size, home product, Estimated Buildout Value, etc.), as determined at the time of levying the applicable Assessment and confirmed by the City Council. In the case of single-family residential Lots, the Lot Type shall be further defined by classifying the residential Lots by the Estimated Buildout Value of the Lot as provided by the Developer, and confirmed by the City Council, as shown on Exhibit E. “Lot Type 1” means a Lot Type within Improvement Area #1 marketed to homebuilders as a 45’ lot. The buyer disclosure for Lot Type 1 is attached as Appendix B. “Lot Type 2” means a Lot Type within Improvement Area #1 marketed to homebuilders as a 50’ lot. The buyer disclosure for Lot Type 2 is attached as Appendix B. “Lot Type 3” means a Lot Type within Improvement Area #1 marketed to homebuilders as a 60’ lot. The buyer disclosure for Lot Type 3 is attached as Appendix B. “Lot Type 4” means a Lot Type within Improvement Area #1 marketed to homebuilders as a 70’ lot. The buyer disclosure for Lot Type 4 is attached as Appendix B. “Major Improvements” means those Authorized Improvements that confer a special benefit to all of the Assessed Property and Remainder Area within the District, as depicted on Exhibit G-1. “Maximum Assessment” means, for each Lot, an Assessment equal to the lesser of (1) the amount calculated pursuant to Section VI.A, or (2) for each Lot Type, the amount shown on Exhibit E. “Non-Assessed Property” means Parcels within the boundaries of the District that accrue special benefit from the Authorized Improvements as determined by the City Council but are not assessed. “Notice of Assessment Termination” means a document that shall be recorded in the Official Public Records of the County evidencing the termination of an Assessment, a form of which is attached as Exhibit I. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 9 “Parcel” or “Parcels” means a specific property within the District identified by either a tax parcel identification number assigned by the Collin Central Appraisal District for real property tax purposes, by legal description, or by lot and block number in a final subdivision plat recorded in the Official Public Records of the County, or by any other means determined by the City. “PID Act” means Chapter 372, Texas Local Government Code, as amended. “PID Bonds” means any bonds issued by the City in one or more series and secured in whole or in part by Assessments. “Prepayment” means the payment of all or a portion of an Assessment before the due date of the final Annual Installment thereof. Amounts received at the time of a Prepayment which represent a payment of principal, interest, or penalties on a delinquent installment of an Assessment are not to be considered a Prepayment, but rather are to be treated as the payment of the regularly scheduled Annual Installment. “Prepayment Costs” means interest, including Additional Interest and Annual Collection Costs, to the date of Prepayment. “Private Improvements” means those certain improvements benefitting the District, constructed and paid for by the Developer and not reimbursable from Assessments or PID Bonds, as further described on Exhibit B. “Remainder Area” means approximately 988.592 acres located within the District and entirely outside of Improvement Area #1, to be developed as one or more future improvement areas. “Service and Assessment Plan” means this Sherley Farms Public Improvement District Service and Assessment Plan as updated, amended, or supplemented from time to time. “Service Plan” means the plan described in Section IV which covers a period of at least five years and defines the annual indebtedness and projected costs of the Authorized Improvements. "TIRZ No. 9” means Reinvestment Zone Number Nine, City of Anna, Texas. "TIRZ No. 9 Agreement" means that future TIRZ reimbursement agreement to be entered into by the Developer and the City. "TIRZ No. 9 Annual Credit Amount" means, for each lot type, the amount calculated pursuant to Section V.F, which amount shall not annually exceed the TIRZ No. 9 Maximum Annual Credit Amount, and which shall be transferred from the TIRZ No. 9 Fund to the applicable pledged revenue fund pursuant to the TIRZ No. 9 Agreement and used to pay a portion of principal and interest related to the PID Bonds, but which shall not be pledged to secure the PID Bonds. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 10 "TIRZ No. 9 Plan" means the Reinvestment Zone Number Nine, City of Anna, Texas Final Project and Financing Plan, to be approved by City Council prior to the issuance of PID Bonds. "TIRZ No. 9 Fund" means the tax increment fund created pursuant to the TIRZ No. 9 Ordinance where TIRZ No. 9 Revenues are deposited annually. “TIRZ No. 9 Maximum Annual Credit Amount” means for each Lot Type, the amount of TIRZ No. 9 Revenues that results in an equivalent tax rate equal to $1.35 per $100 of assessed value for such Lot Type taking into consideration the equivalent tax rate of the applicable Annual Installment, based on Estimated Buildout Value of such Lot Type at the time the City Council approves the applicable Assessment Ordinance levying the applicable Assessment, as further described in Section V.F and shown on Exhibit H. The Estimated Buildout Values for each Lot Type are shown on Exhibit E. "TIRZ No. 9 Ordinance" means Ordinance No. __________ adopted by the City Council on February 10, 2025, approving the TIRZ No. 9 Plan and authorizing the use of TIRZ No. 9 Revenues for project costs under the Chapter 311, Texas Tax Code as amended, and related to certain public improvements as provided for in the TIRZ No. 9 Plan. "TIRZ No. 9 Revenues" mean, for each year, the amounts which are deposited in the TIRZ No. 9 Fund pursuant to the TIRZ No. 9 Ordinance, the TIRZ No. 9 Plan, and the TIRZ No. 9 Agreement. “Trustee” means the trustee or successor trustee under an Indenture. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 11 SECTION II: THE DISTRICT The District includes approximately 1,123.592 contiguous acres located within the corporate limits of the City, the boundaries of which are more particularly described on Exhibit K-1 and depicted on Exhibit A-1. Development of the District is anticipated to include approximately (i) 2,578 residential units (including 120 townhomes) to be developed by Tellus Texas III, LLC and 7 single-family units, 55 cottage homes, 400 multifamily units, and 260,000 square feet of commercial space to be developed by Sherley Partners, Ltd.. Improvement Area #1 includes approximately 135 contiguous acres located within the corporate limits of the City, the boundaries of which are more particularly described on Exhibit K-2 and depicted on Exhibit A-2. Development of Improvement Area #1 is anticipated to include approximately 418 Lots developed with single-family homes (76 single-family homes that are on Lots classified as Lot Type 1, 166 single-family homes that are on Lots classified as Lot Type 2, 143 single-family homes that are on Lots classified as Lot Type 3, and 33 single-family homes that are on Lots classified as Lot Type 4.) SECTION III: AUTHORIZED IMPROVEMENTS Based on information provided by the Developer and their engineers and reviewed by the City staff and by third-party consultants retained by the City, the City has determined that the Authorized Improvements confer a special benefit on the Assessed Property. Authorized Improvements will be designed and constructed in accordance with the City’s standards and specifications and will be owned and operated by the City. The budget for the Authorized Improvements is shown on Exhibit B. A. Improvement Area #1 Improvements  Streets Improvements including subgrade stabilization, concrete and reinforcing steel for roadways, asphalt pavement for roadways, turn lanes, pavers, stamping and staining of concrete, sidewalks, testing, handicap ramps, and streetlights. All related earthwork, excavation, erosion control, intersections, signage, traffic control, maintenance bonds, lighting and re-vegetation/landscaping of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot within Improvement Area #1.  Water SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 12 Improvements including trench excavation and embedment, trench safety, PVC piping, valves, fire hydrants, service connections, meter boxes, testing, related earthwork, excavation, erosion control and all necessary appurtenances required to provide water service to all Lots within Improvement Area #1.  Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, encasement pipe, boring, manholes, service connections, testing, related earthwork, excavation, erosion control and all necessary appurtenances required to provide wastewater service to all Lots within Improvement Area #1.  Storm Drainage Improvements including earthen channels, swales, ponds curb and inlets, RCP piping and boxes, headwalls, concrete flumes, manholes, junction boxes, rock rip rap, concrete outfalls, and testing as well as all related earthwork, excavation, erosion control and all necessary appurtenances required to provide storm drainage for all Lots within Improvement Area #1.  Right of Way Includes right-of-way required to provide street improvements for all Lots within Improvement Area #1.  Soft Costs Costs related to designing, constructing, and installing the Improvement Area #1 Improvements including land planning and design, City fees, engineering, landscape design, soil testing, environmental testing, survey, construction management, contingency, legal fees, and consultant fees. B. Bond Issuance Costs  Debt Service Reserve Fund Equals the amount to be deposited in a debt service reserve fund under an applicable Indenture in connection with the issuance of PID Bonds.  Capitalized Interest Equals the amount required to be deposited for the purpose of paying capitalized interest on a series of PID Bonds under an applicable Indenture in connection with the issuance of such PID Bonds. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 13  Underwriter’s Discount Equals a percentage of the par amount of a particular series of PID Bonds related to the costs of underwriting such PID Bonds, including the fee of counsel to the Underwriter.  Cost of Issuance Includes costs of issuing a particular series of PID Bonds, including but not limited to issuer fees, attorney’s fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication costs, City’s costs, fees charged by the Texas Attorney General, and any other cost or expense directly associated with the issuance of PID Bonds. C. Other Costs  Deposit to Administrative Fund Equals the amount necessary to fund the first year’s Annual Collection Costs for a particular series of PID Bonds. SECTION IV: SERVICE PLAN The PID Act requires the Service Plan to cover a period of at least five years. The Service Plan is required to define the annual projected costs and indebtedness for the Authorized Improvements undertaken within the District during the five-year period. The Service Plan is also required to include a copy of the buyer disclosure notice form required by Section 5.014 of the Texas Property Code, as amended. The Service Plan must be reviewed and updated in each Annual Service Plan Update. Exhibit C summarizes the initial Service Plan for Improvement Area #1. Per the PID Act and Section 5.014 of the Texas Property Code, as amended, this Service and Assessment Plan, and any future Annual Service Plan Updates, shall include a form of the buyer disclosure for the District. The buyer disclosures are attached hereto as Appendix B. Exhibit D summarizes the sources and uses of funds required to construct the Authorized Improvements and Private Improvements. The sources and uses of funds shown on Exhibit D shall be updated in an Annual Service Plan Update SECTION V: ASSESSMENT PLAN The PID Act allows the City Council to apportion the costs of the Authorized Improvements to the Assessed Property based on the special benefit received from the Authorized Improvements. The PID Act provides that such costs may be apportioned: (1) equally per front foot or square foot; (2) according to the value of property as determined by the City Council, with or without regard SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 14 to improvements constructed on the property; or (3) in any other manner approved by the City Council that results in imposing equal shares of such costs on property similarly benefited. The PID Act further provides that the City Council may establish by ordinance or order reasonable classifications and formulas for the apportionment of the cost between the City and the area to be assessed and the methods of assessing the special benefits for various classes of improvements. This section of this Service and Assessment Plan describes the special benefit received by each Parcel within the District as a result of the Authorized Improvements and provides the basis and justification for the determination that this special benefit equals or exceeds the amount of the Assessments to be levied on the Assessed Property for such Authorized Improvements. The determination by the City Council of the assessment methodologies set forth below is the result of the discretionary exercise by the City Council of its legislative authority and governmental powers and is conclusive and binding on the Owners, Developer, and all future owners and developers of the Assessed Property. A. Assessment Methodology Acting in its legislative capacity and based on information provided by the Developer and its engineers and reviewed by the City staff and by third-party consultants retained by the City, the City Council has determined that the costs of the Authorized Improvements shall be allocated as follows:  At the time of adoption of the 2026 Assessment Ordinance, the costs of the Improvement Area #1 Major Improvements were determined to be funded from other sources such as impact fees and private funding. The portion of Major Improvements to be constructed in the future and benefiting the Remainder Area (or individual distinct portions thereof to be developed) are expected to be funded from impacts fees and private funding but may be assessed at a later date as provided in an amendment to this Service and Assessment Plan.  By the adoption of the 2026 Assessment Ordinance, the costs of the reimbursable Improvement Area #1 Authorized Improvements are allocated to each Parcel within Improvement Area #1 based on the ratio of the Estimated Buildout Value of each Parcel designated as Improvement Area #1 Assessed Property to the Estimated Buildout Value of all Improvement Area #1 Assessed Property. Currently, the Improvement Area #1 Initial Parcel is the only Parcel within Improvement Area #1, and as such, the Improvement Area #1 Initial Parcel is allocated 100% of the Improvement Area #1 Authorized Improvements. B. Assessments SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 15 By the adoption of the 2026 Assessment Ordinance, the Improvement Area #1 Assessment shall be levied on the Improvement Area #1 Initial Parcel are in the amount shown on the Improvement Area #1 Assessment Roll, attached hereto as Exhibit F-1. The projected Improvement Area #1 Annual Installments are shown on Exhibit F-2. Upon division or subdivision of the Improvement Area #1 Initial Parcel, the Improvement Area #1 Assessment will be reallocated pursuant to Section VI. The Maximum Assessment for each Lot Type is shown on Exhibit E. In no case will the Assessment for Lots classified as Lot Type 1, Lot Type 2, Lot Type 3 or Lot Type 4, respectively, exceed the corresponding Maximum Assessment for each Lot classification. C. Findings of Special Benefit Acting in its legislative capacity and based on information provided by the Developer and tis Engineers and reviewed by the City staff and by third-party consultants retained by the City, the City Council has found and determined the following:  Improvement Area #1  The costs of the Improvement Area #1 Authorized Improvements equal $33,950,000 as shown on Exhibit B;  The Improvement Area #1 Assessed Property receives special benefit from the Improvement Area #1 Authorized Improvements equal to or greater than the Actual Cost of the Improvement Area #1 Authorized Improvements;  By the adoption of the 2026 Assessment Ordinance, the Improvement Area #1 Initial Parcel is allocated 100% of the Improvement Area #1 Assessment levied for the Improvement Area #1 Authorized Improvements, which equals $33,950,000 as shown on the Improvement Area #1 Assessment Roll attached hereto as Exhibit F-1;  The special benefit ($33,950,000) received by the Improvement Area #1 Initial Parcel from the Improvement Area #1 Authorized Improvements is equal to or greater than the amount of the Improvement Area #1 Assessment ($33,950,000) levied on the Improvement Area #1 Initial Parcel for the Improvement Area #1 Authorized Improvements; and  At the time the City Council approved this Service and Assessment Plan, the Developer owned 100% of the Improvement Area #1 Initial Parcel. The Developer acknowledged that the Improvement Area #1 Authorized Improvements confer a special benefit on the Improvement Area #1 Initial Parcel and consents to the SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 16 imposition of the Improvement Area #1 Assessment to pay for the Actual Costs associated therewith. The Developer ratified, confirmed, accepted, agreed to, and approved: (1) the determinations and findings by the City Council as to the special benefits described herein and the 2026 Assessment Ordinance; (2) the Service and Assessment Plan and the 2026 Assessment Ordinance; and (3) the levying of the Improvement Area #1 Assessment on the Improvement Area #1 Initial Parcel. D. Annual Collection Costs The Annual Collection Costs shall be paid for annually by the owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment remaining on the Parcel to the total outstanding Assessment. The Annual Collection Costs shall be collected as part of and in the same manner as Annual Installments in the amounts shown on the Assessment Roll, which may be revised based on Actual Costs incurred in Annual Service Plan Updates. E. Additional Interest The interest rate on Assessments securing each respective series of PID Bonds may exceed the interest rate on each respective series of PID Bonds by the Additional Interest Rate. To the extent required by any Indenture, Additional Interest shall be collected as part of each Annual Installment and shall be deposited pursuant to the applicable Indenture. F. TIRZ No. 9 Annual Credit Amount The City Council, in accordance with the TIRZ No. 9 Agreement, has agreed to use a portion of TIRZ No. 9 Revenues generated on a parcel-by-parcel basis from each Assessed Property to offset a portion of the principal and interest of such property’s Assessment, as applicable. 1. The principal and interest portion of the Improvement Area #1 Annual Installment for an Assessed Property shall receive a TIRZ No. 9 Annual Credit Amount equal to the TIRZ No. 9 Revenue generated by the Assessed Property for the previous Tax Year (e.g. TIRZ No. 9 Revenue collected from the Assessed Property for Tax Year 2026 shall be applied as the TIRZ No. 9 Annual Credit Amount applicable to the Assessed Property’s Improvement Area #1 Annual Installment to be collected in Tax Year 2027), but in no event shall the TIRZ No. 9 Annual Credit Amount exceed the TIRZ No. 9 Maximum Annual Credit Amount shown in Section V.F.2 as calculated on Exhibit H for each Assessed Property. 2. The TIRZ No. 9 Maximum Annual Credit Amount available to reduce the principal and interest portion of the Improvement Area #1 Annual Installment for an Assessed Property is calculated for each Lot Type, as shown on Exhibit H. The TIRZ No. 9 Maximum Annual Credit Amount is calculated so that the average Improvement Area #1 Annual Installment minus the SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 17 TIRZ No. 9 Maximum Annual Credit Amount for each Lot Type does not produce an equivalent tax rate for such Lot Type which exceeds the competitive, composite equivalent ad valorem tax rate ($1.35 per $100 of assessed value) taking into consideration the equivalent tax rate of the Improvement Area #1 Annual Installments based on Estimated Buildout Value at the time the 2026 Assessment Ordinance is approved. The resulting maximum TIRZ No. 9 Annual Credit Amount for each Lot Type is shown on Exhibit H. 3. After the TIRZ No. 9 Annual Credit Amount is applied to provide credit towards the principal and interest portion of the Improvement Area #1 Annual Installment for the Assessed Property, any excess TIRZ No. 9 Revenues available from the TIRZ No. 9 Fund shall be used in accordance with the TIRZ No. 9 Plan and the TIRZ No. 9 Agreement. SECTION VI: TERMS OF THE ASSESSMENTS Any reallocation of Assessments as described in this Section VI shall be considered an administrative action of the City and will not be subject to the notice or public hearing requirements under the PID Act. A. Reallocation of Assessment s 1. Upon Division Prior to Recording of Subdivision Plat Upon the division of any Assessed Property (without the recording of a subdivision plat), the Administrator shall reallocate the Assessment for the Assessed Property prior to the division among the newly divided Assessed Properties according to the following formula: A = B x (C ÷ D) Where the terms have the following meanings: A = the Assessment for the newly divided Assessed Property B = the Assessment for the Assessed Property prior to division C = the Estimated Buildout Value of the newly divided Assessed Property D = the sum of the Estimated Buildout Value for all of the newly divided Assessed Properties The calculation of the Assessment of an Assessed Property shall be performed by the Administrator and shall be based on the Estimated Buildout Value of that Assessed Property, as provided by the Developer, relying on information from homebuilders, market studies, appraisals, Official Public Records of the County, and any other relevant information regarding the Assessed Property, and such calculation shall be approved by SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 18 the City Council in the immediately following Annual Service Plan Update. The calculation as confirmed by the City Council shall be conclusive and binding. The Estimated Buildout Values for Lot Type 1, Lot Type 2, Lot Type 3 and Lot Type 4 are shown on Exhibit E and will not change in future Annual Service Plan Updates but Exhibit E may be updated in future Annual Service Plan Updates to account for additional Lot Types. The sum of the Assessments for all newly divided Assessed Properties shall equal the Assessment for the Assessed Property prior to subdivision. The calculation shall be made separately for each newly divided Assessed Property. The reallocation of an Assessment for an Assessed Property that is a homestead under Texas law may not exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section shall be reflected in the Annual Service Plan Update immediately following such reallocation. 2. Upon Subdivision by a Recorded Subdivision Plat Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the Administrator shall reallocate the Assessment for the Assessed Property prior to the subdivision among the new subdivided Lots based on Estimated Buildout Value according to the following formula: A = [B x (C ÷ D)]/E Where the terms have the following meanings: A = the Assessment for the newly subdivided Lot B = the Assessment for the Parcel prior to subdivision C = the sum of the Estimated Buildout Value of all newly subdivided Lots with the same Lot Type D = the sum of the Estimated Buildout Value for all of the newly subdivided Lots excluding Non-Benefitted Property E= the number of newly subdivided Lots with the same Lot Type Prior to the recording of a subdivision plat, the Developer shall provide the City an Estimated Buildout Value as of the date of the recorded subdivision plat for each Lot created by the recorded subdivision plat. The calculation of the Assessment for a Lot shall be performed by the Administrator based on Estimated Buildout Value information provided by the Developer, homebuilders, third party consultants, and/or the Official Public Records of the County regarding the Lot, and such calculation shall be approved by the City Council in the immediately following Annual Service Plan Update. The calculation as confirmed by the City Council shall be conclusive and binding. The Estimated Buildout SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 19 Values for Lot Type 1, Lot Type 2, Lot Type 3, and Lot Type 4 are shown on Exhibit E and will not change in future Annual Service Plan Updates. The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment for the portion of the Assessed Property subdivided prior to subdivision. The calculation shall be made separately for each newly subdivided Assessed Property. The reallocation of an Assessment for an Assessed Property that is a homestead under Texas law may not exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section shall be reflected in the Annual Service Plan Update immediately following such reallocation. 3. Upon Consolidation If two or more Lots or Parcels are consolidated into a single Lot or Parcel, the Administrator shall allocate the Assessments against the Lots or Parcels before the consolidation to the consolidated Lot or Parcel, which allocation shall be approved by the City Council in the next Annual Service Plan Update immediately following such consolidation. The calculation as confirmed by the City Council shall be conclusive and binding. The Assessment for any resulting Lot may not exceed the Maximum Assessment for the applicable Lot Type and compliance may require a mandatory Prepayment of Assessments pursuant to Section VI.C. B. Mandatory Prepayment of Assessments If an Assessed Property or a portion thereof is conveyed to a party that is exempt from payment of the Assessment under applicable law, or the owner causes a Lot, Parcel or portion thereof to become Non-Benefitted Property, the owner of such Lot, Parcel or portion thereof shall pay to the City, or cause to be paid to the City, the full amount of the Assessment, plus all Prepayment Costs and Delinquent Collection Costs for such Assessed Property, prior to any such conveyance or act, and no such conveyance shall be effective until the City receives such payment. Following payment of the foregoing costs in full, the City shall provide the owner with a recordable “Notice of Assessment Termination,” a form of which is attached hereto as Exhibit I. C. True-Up of Assessments if Maximum Assessment Exceeded at Plat Prior to the City approving a final subdivision plat, the Administrator will certify that such plat will not result in the Assessment per Lot for any Lot Type to exceed the Maximum Assessment. If the Administrator determines that the resulting Assessment per Lot for any Lot Type will exceed the Maximum Assessment for that Lot Type, then (1) the Assessment applicable to each Lot Type shall each be reduced to the Maximum Assessment, and (2) the person or entity filing the plat shall pay to the City, or cause to be paid to the City, the amount the Assessment was reduced, SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 20 plus Prepayment Costs and Delinquent Collection Costs, if any, prior to the City approving the final plat. The City’s approval of a plat without payment of such amounts does not eliminate the obligation of the person or entity filing the plat to pay such amounts. At no time shall the aggregate Assessments for any Lot exceed the Maximum Assessment. D. Reduction of Assessment s If as a result of cost savings or the failure to construct all or a portion of an Authorized Improvement the Actual Costs of any Authorized Improvements are less than the Assessments, then (i) in the event PID Bonds have not been issued for the purpose of financing Authorized Improvements affected by such reduction in Actual Costs, the City Council shall reduce each Assessment on a pro rata basis such that the sum of the resulting reduced Assessments for all Assessed Property equals the reduced Actual Costs that were expended, or (ii) in the event that PID Bonds have been issued for the purpose of financing Authorized Improvements affected by such reduction in Actual Costs, the Trustee shall apply amounts on deposit in the applicable account of the project fund created under the Indenture relating to such series of PID Bonds that are not expected to be used for the purposes of the project fund as directed by the City pursuant to the terms of such Indenture, and the TIRZ No. 9 Annual Credit Amount will be reduced in the same proportion as the Assessments. Such excess PID Bond proceeds may be used for any purpose authorized by such Indenture. The Assessments shall never be reduced to an amount less than the amount required to pay all outstanding debt service requirements on all outstanding PID Bonds. The Administrator shall update (and submit to the City Council for review and approval as part of the next Annual Service Plan Update) the Assessment Roll and corresponding Annual Installments to reflect the reduced Assessments. E. Prep ayment of Assessment s The owner of any Assessed Property may, at any time, pay all or any part of an Assessment in accordance with the PID Act. Prepayment Costs, if any, may be paid from a reserve established under the applicable Indenture. If an Annual Installment has been billed, or the Annual Service Plan Update has been approved by the City Council prior to the Prepayment, the Annual Installment shall be due and payable and shall be credited against the Prepayment. If an Assessment on an Assessed Property is prepaid in full, with Prepayment Costs, (1) the Administrator shall cause the Assessment to be reduced to zero on said Assessed Property and the Assessment Roll to be revised accordingly; (2) the Administrator shall prepare the revised Assessment Roll and submit such revised Assessment Roll to the City Council for review and approval as part of the next Annual Service Plan Update; (3) the obligation to pay the Assessment SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 21 and corresponding Annual Installments shall terminate with respect to said Assessed Property; and (4) the City shall provide the owner with a recordable "Notice of Assessment Termination.” If an Assessment on an Assessed Property is prepaid in part with Prepayment Costs: (1) the Administrator shall cause the Assessment to be reduced on said Assessed Property and the Assessment Roll revised accordingly; (2) the Administrator shall prepare the revised Assessment Roll and submit such revised Assessment Roll to the City Council for review and approval as part of the next Annual Service Plan Update; and (3) the obligation to pay the Assessment will be reduced to the extent of the Prepayment made. F. Payment of Assessment in Annual Installments Assessments that are not paid in full shall be due and payable in Annual Installments. Exhibit F-2 shows the estimated Improvement Area #1 Annual Installments. Annual Installments are subject to adjustment in each Annual Service Plan Update. Prior to the recording of a final subdivision plat, if any Parcel shown on the Assessment Roll is assigned multiple tax parcel identification numbers for billing and collection purposes, the Annual Installment shall be allocated pro rata based on the acreage of the Parcel not including any Non- Benefitted Property or Non-Assessed Property, as shown by the Collin Central Appraisal District for each tax parcel identification number. The Administrator shall prepare and submit to the City Council for its review and approval an Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each Annual Service Plan Update shall include updated Assessment Rolls and updated calculations of Annual Installments. The Annual Collection Costs for a given Assessment shall be paid by the owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment remaining on the Parcel to the total outstanding Assessment. Annual Installments shall be reduced by any credits applied under an applicable Indenture, such as capitalized interest, interest earnings on account balances, and any other funds available to the Trustee for such purposes. Annual Installments shall be collected by the City in the same manner and at the same time as ad valorem taxes. Annual Installments shall be subject to the penalties, procedures, and foreclosure sale in case of delinquencies as set forth in the PID Act and in the same manner as ad valorem taxes due and owing to the City. To the extent permitted by the PID Act or other applicable law, the City Council may provide for other means of collecting Annual Installments, but in no case shall the City take any action, or fail to take any action, that would cause it to be in default under any Indenture. Assessments shall have the lien priority specified in the PID Act. Sales of the Assessed Property for nonpayment of Annual Installments shall be subject to the lien for the remaining unpaid Annual Installments against the Assessed Property, and the Assessed SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 22 Property may again be sold at a judicial foreclosure sale if the purchaser fails to timely pay any of the remaining unpaid Annual Installments as they become due and payable. The City reserves the right to refund PID Bonds in accordance with applicable law, including the PID Act. In the event of a refunding, the Administrator shall recalculate the Annual Installments so that total Annual Installments will be sufficient to pay the refunding bonds, and the refunding bonds shall constitute “PID Bonds.” Each Annual Installment of an Assessment, including interest on the unpaid principal of the Assessment, shall be updated annually. Each Annual Installment shall be due when billed and shall be delinquent if not paid prior to February 1 of the following year. Failure of an owner of an Assessed Property to receive an invoice for an Annual Installment shall not relieve said owner of the responsibility for payment of the Assessment. Assessments, or Annual Installments thereof, that are delinquent shall incur Delinquent Collection Costs. G. Prepayment as a Result of an Eminent Domain Proceeding or Taking Subject to applicable law, if any portion of any Parcel of Assessed Property is taken from an owner as a result of eminent domain proceedings or if a transfer of any portion of any Parcel of Assessed Property is made to an entity with the authority to condemn all or a portion of the Assessed Property in lieu of or as a part of an eminent domain proceeding (a “Taking”), the portion of the Assessed Property that was taken or transferred (the “Taken Property”) shall be reclassified as Non-Benefitted Property. For the Assessed Property that is subject to the Taking as described in the preceding paragraph, the Assessment that was levied against the Assessed Property (when it was included in the Taken Property) prior to the Taking shall remain in force against the remaining Assessed Property (the Assessed Property less the Taken Property) (the “Remaining Property”), following the reclassification of the Taken Property as Non-Benefitted Property, subject to an adjustment of the Assessment applicable to the Remaining Property after any required Prepayment as set forth below. The owner of the Remaining Property will remain liable to pay, pursuant to the terms of this Service and Assessment Plan, as updated, and the PID Act, the Assessment that remains due on the Remaining Property, subject to an adjustment in the Assessment applicable to the Remaining Property after any required Prepayment as set forth below. Notwithstanding the foregoing, if the Assessment that remains due on the Remaining Property exceeds the applicable Maximum Assessment, the owner of the Remaining Property will be required to make a Prepayment in an amount necessary to ensure that the Assessment against the Remaining Property does not exceed such Maximum Assessment, in which case the Assessment applicable to the Remaining Property will be reduced by the amount of the partial Prepayment. If the City SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 23 receives all or a portion of the eminent domain proceeds (or payment made in an agreed sale in lieu of condemnation), such amount shall be credited against the amount of Prepayment, with any remainder credited against the Assessment on the Remaining Property. In all instances the Assessment remaining on the Remaining Property shall not exceed the applicable Maximum Assessment. By way of illustration, if an owner owns 100 acres of Assessed Property subject to a $100 Assessment and 10 acres is taken through a Taking, the 10 acres of Taken Property shall be reclassified as Non-Benefitted Property and the remaining 90 acres constituting the Remaining Property shall be subject to the $100 Assessment (provided that this $100 Assessment does not exceed the Maximum Assessment on the Remaining Property). If the Administrator determines that the $100 Assessment reallocated to the Remaining Property would exceed the Maximum Assessment, as applicable, on the Remaining Property by $10, then the owner shall be required to pay $10 as a Prepayment of the Assessment against the Remaining Property and the Assessment on the Remaining Property shall be adjusted to $90. Notwithstanding the previous paragraphs in this subsection, if the owner of the Remaining Property notifies the City and the Administrator that the Taking prevents the Remaining Property from being developed for any use which could support the Estimated Buildout Value requirement, the owner shall, upon receipt of the compensation for the Taken Property, be required to prepay the amount of the Assessment required to buy down the outstanding Assessment to the applicable Maximum Assessment on the Remaining Property to support the Estimated Buildout Value requirement. The owner will remain liable to pay the Assessment on both the Taken Property and the Remaining Property until such time that such Assessment has been prepaid in full. Notwithstanding the previous paragraphs in this subsection, the Assessments shall never be reduced to an amount less than the amount required to pay all outstanding debt service requirements on all outstanding PID Bonds. SECTION VII: ASSESSMENT ROLL The Improvement Area #1 Assessment Roll is attached as Exhibit F-1. The Administrator shall prepare and submit to the City Council for review and approval proposed revisions to the Improvement Area #1 Assessment Roll and Improvement Area #1 Annual Installments for each Parcel as part of each Annual Service Plan Update. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 24 SECTION VIII: ADDITIONAL PROVISIONS A. Calculation Errors If the owner of a Parcel claims that an error has been made in any calculation required by this Service and Assessment Plan, including, but not limited to, any calculation made as part of any Annual Service Plan Update, the owner’s sole and exclusive remedy shall be to submit a written notice of error to the Administrator by December 1st of each year following City Council’s approval of the calculation. Otherwise, the owner shall be deemed to have unconditionally approved and accepted the calculation. The Administrator shall provide a written response to the City Council and the owner not later than 30 days after receipt of such written notice of error by the Administrator. The City Council shall consider the owner’s notice of error and the Administrator’s response at a public meeting, and, not later than 30 days after closing such meeting, the City Council shall make a final determination as to whether an error has been made. If the City Council determines that an error has been made, the City Council shall take such corrective action as is authorized by the PID Act, this Service and Assessment Plan, the applicable Assessment Ordinance, the applicable Indenture, or as otherwise authorized by the discretionary power of the City Council. The determination by the City Council as to whether an error has been made, and any corrective action taken by the City Council, shall be final and binding on the owner and the Administrator. B. Amendments Amendments to this Service and Assessment Plan must be made by the City Council in accordance with the PID Act. To the extent permitted by the PID Act, this Service and Assessment Plan may be amended without notice to owners of the Assessed Property: (1) to correct mistakes and clerical errors; (2) to clarify ambiguities; and (3) to provide procedures to collect Assessments, Annual Installments, and other charges imposed by this Service and Assessment Plan. C. Administration and Interpretation The Administrator shall: (1) perform the obligations of the Administrator as set forth in this Service and Assessment Plan; (2) administer the District for and on behalf of and at the direction of the City Council; and (3) interpret the provisions of this Service and Assessment Plan. Interpretations of this Service and Assessment Plan by the Administrator shall be in writing and shall be appealable to the City Council by owners of Assessed Property adversely affected by the interpretation. Appeals shall be decided by the City Council after holding a public meeting at which all interested parties have an opportunity to be heard. Decisions by the City Council shall SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 25 be final and binding on the owners of Assessed Property and developers and their successors and assigns. D. Form of Buyer Disclosure/Filing Requirements Per Section 5.014 of the Texas Property Code, as amended, this Service and Assessment Plan, and any future Annual Service Plan Updates, shall include a form of the buyer disclosures for the District. The buyer disclosures are attached hereto as Appendix B. Within seven days of approval by the City Council, the City shall file and record in the real property records of the County the executed ordinance of this Service and Assessment Plan, or any future Annual Service Plan Updates. The executed ordinance, including any attachments, approving this Service an Assessment Plan or any future Annual Service Plan Updates shall be filed and recorded in their entirety. E. Severability If any provision of this Service and Assessment Plan is determined by a governmental agency or court to be unenforceable, the unenforceable provision shall be deleted and, to the maximum extent possible, shall be rewritten to be enforceable. Every effort shall be made to enforce the remaining provisions. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 26 EXHIBITS The following Exhibits are attached to and made a part of this Service and Assessment Plan for all purposes: Exhibit A-1 Map of the District Exhibit A-2 Map of Improvement Area #1 Exhibit A-3 Improvement Area #1 Lot Type Classification Map Exhibit B Project Costs Exhibit C Service Plan Exhibit D Sources and Uses of Funds Exhibit E Maximum Assessment and Tax Rate Equivalent Exhibit F-1 Improvement Area #1 Assessment Roll Exhibit F-2 Improvement Area # 1 Annual Installments Exhibit G-1 Maps of Major Improvements Exhibit G-2 Maps of Improvement Area #1 Improvements Exhibit G-3 Maps of Trail Improvements Exhibit H TIRZ No. 9 Annual Credit Amount by Lot Type Exhibit I Form of Notice of Assessment Termination Exhibit J Debt Service Schedule for Improvement Area #1 Bonds Exhibit K-1 District Legal Description Exhibit K-2 Improvement Area #1 Legal Description SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 27 APPENDICES The following Appendices are attached to and made a part of this Service and Assessment Plan for all purposes: Appendix A Engineer’s Report Appendix B Buyer Disclosures SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 28 EXHIBIT A-1 – MAP OF THE DISTRICT SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 29 EXHIBIT A-2 – MAP OF IMPROVEMENT AREA #1 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 30 EXHIBIT A-3 - IMPROVEMENT AREA #1 LOT TYPE CLASSIFICATION MAP SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 31 EXHIBIT B – PROJECT COSTS Improvement Area #1 Improvements Streets 6,887,888$ -$ -$ 6,887,888$ 100%6,887,888$ Water 2,285,898 - - 2,285,898 100%2,285,898 Sewer 2,797,636 - - 2,797,636 100%2,797,636 Storm Drainage 3,483,566 - - 3,483,566 100%3,483,566 Right of Way[j]7,093,494 - - 7,093,494 100%7,093,494 Soft Costs[i]4,925,023 - - 4,925,023 100%4,925,023 27,473,505$ -$ -$ 27,473,505$ 27,473,505$ Major Improvements Improvement Area #1 Major Improvements[h] Water 2,218,535$ -$ 2,218,535$ -$ 0.0%-$ Sewer 6,100,420 - 6,100,420 - 0.0%- Soft Costs 3,078,013 - 3,078,013 - 0.0%- 11,396,968$ -$ 11,396,968$ -$ -$ Private Improvements [b][e] Landscape/Hardscape/Trails[c][d]7,257,142$ 7,257,142$ -$ -$ 0.0%-$ Private Improvements 3,237,511 3,237,511 - - 0.0%- 10,494,653$ 10,494,653$ -$ -$ -$ Bond Issuance Costs [f] Debt Service Reserve Fund 2,482,455$ -$ -$ 2,482,455$ 2,482,455$ Capitalized Interest 1,131,667 - - 1,131,667 1,131,667 Underwriter Discount[g]1,018,500 - - 1,018,500 1,018,500 Cost of Issuance 1,763,873 - - 1,763,873 1,763,873 6,396,495$ -$ -$ 6,396,495$ 6,396,495$ Other Costs [f] Deposit to Administrative Fund 80,000$ -$ -$ 80,000$ 80,000$ 80,000$ -$ -$ 80,000$ 80,000$ Footnotes: [a] Per Engineer's Report attached hereto as Appendix A. [b] Not reimbursable to the Developer through Assessments or the issuance of PID Bonds. [c] Unless otherwise approved by the City Council, in the event PID Bonds are not issued, right-of-way acquisition, as defined in Section III.A, shall not be a reimbursable Authorized Improvement, but instead will be replaced by the Actual Costs of Landscape/Hardscape/Trail improvements. [d] Unless otherwise approved by the City Council, in the event PID Bonds are issued, the Landscape/Hardscape/Trail improvements, will be replaced by right-of-way acquisition, which right-of-way acquisition cost shall not exceed (i) the Actual Costs of Landscape/Hardscape/Trail improvements, and (ii) the fair market value supported by an independent appraisal as required by Section 252.051 of the Texas Local Government Code. [e] Does not include $8,235,358.44 of amenity center and development entry - monument costs. [f] Preliminary estimates only and subject to change upon the issuance of PID Bonds. [g] Includes the fee of counsel to the Underwriter. [h] Improvement Area #1 Major Improvements are improvements that benefit the entire District but are not anticipated to be reimbursed by PID Assessment Bonds. Future improvement areas will be added to the SAP as they are constructed with future improvement areas. [i] Soft Costs include bonds fees, contingency, engineering, testing, survey, and inspection fees. [j] Estimated right-of-way reimbursement to the Developer. Final amount of right-of-way will be determined by appraisal; however, overall bonds sizing provided by the City’s Financial Advisor’s debt service schedule. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 32 EXHIBIT C – SERVICE PLAN Annual Installment Due 1/61/2026[b]1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031 Principal -$ 403,000.00$ 428,000.00$ 455,000.00$ 484,000.00$ 514,000.00$ Interest 1,131,667.00 2,037,000.00 2,012,820.00 1,987,140.00 1,959,840.00 1,930,800.00 TIRZ No. 9 Annual Credit Amount[a]- - - - - - Capitalized Interest (1,131,667.00) - - - - - (1)-$ 2,440,000.00$ 2,440,820.00$ 2,442,140.00$ 2,443,840.00$ 2,444,800.00$ Additional Interest (2)-$ 169,750.00$ 167,735.00$ 165,595.00$ 163,320.00$ 160,900.00$ Annual Collection Costs (3)-$ 40,800.00$ 41,616.00$ 42,448.00$ 43,297.00$ 44,163.00$ Total Annual Installment Due (4) = (1) + (2) + (3)-$ 2,650,550.00$ 2,650,171.00$ 2,650,183.00$ 2,650,457.00$ 2,649,863.00$ Footnotes: [a] Each year, the TIRZ No. 9 Revenue generated by each Lot shall be applied to the principal and interest portion of the Annual Installment, up to the Maximum TIRZ No. 9 Annual Credit Amount. The TIRZ No. 9 Annual Credit Amount shall be updated each year in the Annual Service Plan Update as TIRZ No. 9 Revenue is generated. [b] No Assessment collected in 2026 and capitalized interest is contemplated from bond issuance to the 9/15/2026 debt service payment. Improvement Area #1 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 33 EXHIBIT D – SOURCES AND USES OF FUNDS Privately Funded Impact Fee Eligible Improvement Area #1 Total Improvement Area #1 Bonds -$ -$ 33,950,000$ 33,950,000$ Developer Contribution - Improvement Area #1[a]- - - - Eligible Infrastructure Grant[f]- 11,396,968 - 11,396,968 Developer Contribution - Landscape/Hardscape/Trails[a][b][c]7,257,142 - - 7,257,142 Developer Contribution - Private Improvements[a]3,237,511 - - 3,237,511 Total Sources of Funds 10,494,653$ 11,396,968$ 33,950,000$ 55,841,622$ Improvement Area #1 Major Improvements[f]-$ 11,396,968$ -$ 11,396,968 Improvement Area #1 Improvements - - 27,473,505 27,473,505 Landscape/Hardscape/Trails[a][b][c]7,257,142 - - 7,257,142 Private Improvements[a]3,237,511 - - 3,237,511 10,494,653$ 11,396,968$ 27,473,505$ 49,365,127$ Bond Issuance Costs [d] Debt Service Reserve Fund -$ -$ 2,482,455$ 2,482,455$ Capitalized Interest - - 1,131,667 1,131,667 Underwriter Discount[e]- - 1,018,500 1,018,500 Cost of Issuance - - 1,763,873 1,763,873 -$ -$ 6,396,495.00$ 6,396,495$ Other Costs [d] Deposit to Administrative Fund -$ -$ 80,000$ 80,000$ -$ -$ 80,000.00$ 80,000$ Total Uses of Funds 10,494,653$ 11,396,968$ 33,950,000$ 55,841,622$ Footnotes: [a] Not reimbursable to the Developer through Assessments or the issuance of PID Bonds. [b] Unless otherwise approved by the City Council, in the event PID Bonds are not issued, right-of-way acquisition, as defined in Section III.A, shall not be a reimbursable Authorized Improvement, but instead will be replaced by the Actual Costs of Landscape/Hardscape/Trail improvements. [c] Unless otherwise approved by the City Council, in the event PID Bonds are issued, the Landscape/Hardscape/Trail improvements, will be replaced by right-of-way acquisition, which right-of-way acquisition cost shall not exceed (i) the Actual Costs of Landscape/Hardscape/Trail improvements, and (ii) the fair market value supported by an independent appraisal as required by Section 252.051 of the Texas Local Government Code. [d] Preliminary estimates only and subject to change upon the issuance of PID Bonds. [e] Includes the fee of counsel to the Underwriter. [f] Improvement Area #1 Major Improvements are improvements that benefit the entire District but are not anticipated to be reimbursed by PID Assessment Bonds. Future improvement areas will be added to the SAP as they are constructed with future improvement areas. Sources of Funds Uses of Funds SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 34 EXHIBIT E – MAXIMUM ASSESSMENT AND TAX RATE EQUIVALANT Per Unit Total Per Unit Total Per Unit Total Improvement Area #1 Lot Type 1 76 477,000$ 36,252,000$ 67,570$ 5,135,294$ 5,275$ 400,872$ 1.105792$ Lot Type 2 166 530,000 87,980,000 75,077 12,462,848 5,861 972,876 1.105792 Lot Type 3 143 636,000 90,948,000 90,093 12,883,282 7,033 1,005,696 1.105792 Lot Type 4 33 742,000 24,486,000 105,108 3,468,576 8,205 270,764 1.105792 Improvement Area #1 Subtotal 418 239,666,000$ 33,950,000$ 2,650,208$ 1.105792 Footnotes: [a] As provided by the Developer. [b] Subject to change based on the final Appraisal. [c] Does not include TIRZ No. 9 Annual Credit Amount. Lot Type Units[a]Gross PID TRE[c] Estimated Buildout Value[a]Assessment[b]Average Annual Installment SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 35 EXHIBIT F-1 – IMPROVEMENT AREA #1 ASSESSMENT ROLL Property ID[a]Lot Type Outstanding Assessment Annual Installment Due 1/31/2027 2937949 Improvement Area #1 Initial Parcel 33,950,000.00$ 2,650,550.00$ 33,950,000.00$ 2,650,550.00$ Footnotes: Total [a] The entire Improvement Area #1 is contained within Property ID 2937949. For billing purposes, the Annual Installment due 1/31/2027 shall be allocated pro rata based on acreage. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 36 EXHIBIT F-2 – IMPROVEMENT AREA #1 ANNUAL INSTALLMENTS Installment Due 1/31 Principal Interest[a]Capitalized Interest[c] Reserve Fund[d] Additional Interest Annual Collection Costs Total Annual Installment Due[b] 2026 $ -1,131,667$ (1,131,667)$ -$ $ - $ --$ 2027 403,000$ 2,037,000$ -$ -$ 169,750$ 40,800$ 2,650,550$ 2028 428,000$ 2,012,820$ -$ -$ 167,735$ 41,616$ 2,650,171$ 2029 455,000$ 1,987,140$ -$ -$ 165,595$ 42,448$ 2,650,183$ 2030 484,000$ 1,959,840$ -$ -$ 163,320$ 43,297$ 2,650,457$ 2031 514,000$ 1,930,800$ -$ -$ 160,900$ 44,163$ 2,649,863$ 2032 547,000$ 1,899,960$ -$ -$ 158,330$ 45,046$ 2,650,336$ 2033 582,000$ 1,867,140$ -$ -$ 155,595$ 45,947$ 2,650,682$ 2034 618,000$ 1,832,220$ -$ -$ 152,685$ 46,866$ 2,649,771$ 2035 658,000$ 1,795,140$ -$ -$ 149,595$ 47,804$ 2,650,539$ 2036 699,000$ 1,755,660$ -$ -$ 146,305$ 48,760$ 2,649,725$ 2037 744,000$ 1,713,720$ -$ -$ 142,810$ 49,735$ 2,650,265$ 2038 791,000$ 1,669,080$ -$ -$ 139,090$ 50,730$ 2,649,900$ 2039 842,000$ 1,621,620$ -$ -$ 135,135$ 51,744$ 2,650,499$ 2040 895,000$ 1,571,100$ -$ -$ 130,925$ 52,779$ 2,649,804$ 2041 953,000$ 1,517,400$ -$ -$ 126,450$ 53,835$ 2,650,685$ 2042 1,013,000$ 1,460,220$ -$ -$ 121,685$ 54,911$ 2,649,816$ 2043 1,078,000$ 1,399,440$ -$ -$ 116,620$ 56,010$ 2,650,070$ 2044 1,147,000$ 1,334,760$ -$ -$ 111,230$ 57,130$ 2,650,120$ 2045 1,221,000$ 1,265,940$ -$ -$ 105,495$ 58,272$ 2,650,707$ 2046 1,299,000$ 1,192,680$ -$ -$ 99,390$ 59,438$ 2,650,508$ 2047 1,382,000$ 1,114,740$ -$ -$ 92,895$ 60,627$ 2,650,262$ 2048 1,471,000$ 1,031,820$ -$ -$ 85,985$ 61,839$ 2,650,644$ 2049 1,565,000$ 943,560$ -$ -$ 78,630$ 63,076$ 2,650,266$ 2050 1,665,000$ 849,660$ -$ -$ 70,805$ 64,337$ 2,649,802$ 2051 1,772,000$ 749,760$ -$ -$ 62,480$ 65,624$ 2,649,864$ 2052 1,886,000$ 643,440$ -$ -$ 53,620$ 66,937$ 2,649,997$ 2053 2,007,000$ 530,280$ -$ -$ 44,190$ 68,275$ 2,649,745$ 2054 2,137,000$ 409,860$ -$ -$ 34,155$ 69,641$ 2,650,656$ 2055 2,274,000$ 281,640$ -$ -$ 23,470$ 71,034$ 2,650,144$ 2056 2,420,000$ 145,200$ -$ (2,482,455)$ 12,100$ 72,454$ 2,649,754$ Total 33,950,000$ 40,523,640$ -$ (2,482,455)$ 3,376,970$ 1,655,175$ 79,505,785$ Footnotes: [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] No Annual Installment shall be collected and capitalized interest is expected to fund the 9/15/2026 debt service payment. [d] Assumes Reserve Fund is fully funded and available to reduce Annual Installments in the final year. [a] Interest is calculated at a 6.00% rate for illustrative purposes and is subject to change upon PID Bond issuance. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 37 EXHIBIT G-1 – MAPS OF MAJOR IMPROVEMENTS SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 38 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 39 EXHIBIT G-2 – MAPS OF IMPROVEMENT AREA #1 IMPROVEMENTS SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 40 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 41 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 42 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 43 EXHIBIT G-3 - MAPS OF TRAIL IMPROVEMENTS SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 44 EXHIBIT H – TIRZ NO. 9 ANNUAL CREDIT AMOUNT BY LOT TYPE Improvement Area #1 Lot Type 1 (45')76 1.105792 (1,252.30)$ 0.843256$ 2.838792$ Lot Type 2 (50')166 1.105792 (1,391.44)$ 0.843256$ 2.838792$ Lot Type 3 (60')143 1.105792 (1,669.73)$ 0.843256$ 2.838792$ Lot Type 4 (70')33 1.105792 (1,948.02)$ 0.843256$ 2.838792$ [a] Per information provided by the Developer. [b] To be determined at the time of PID Bond issuance; based on information provided by the Developer as to Estimated Buildout Value. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 45 EXHIBIT I – FORM OF NOTICE OF ASSESSMENT TERMINATION P3Works, LLC 9284 Huntington Square, Suite 100 North Richland Hills, TX 76182 ______________________________________________________________________________ [Date] Collin County Clerk’s Office Honorable [County Clerk] Collin County Administration Building 2300 Bloomdale Rd, Suite 2106 McKinney, TX 75071 Re: City of Anna Lien Release documents for filing Dear Ms./Mr. [County Clerk] Enclosed is a lien release that the City of Anna is requesting to be filed in your office. Lien release for [insert legal description]. Recording Numbers: [Plat]. Please forward copies of the filed documents to my attention: City of Anna Attn: City Secretary 120 W. 7th Street Anna, TX 75409 Please contact me if you have any questions or need additional information. Sincerely, [Signature] P3Works, LLC (817) 393-0353 Admin@P3-Works.com www.P3-Works.com SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 46 AFTER RECORDING RETURN TO: [City Secretary Name] 120 W. 7th Street Anna, TX 75409 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN STATE OF TEXAS § § KNOWN ALL MEN BY THESE PRESENTS: COUNTY OF COLLIN § THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full Release") is executed and delivered as of the Effective Date by the City of Anna, Texas, a Texas home rule municipality (the “City”). RECITALS WHEREAS, the governing body (hereinafter referred to as the "City Council” of Anna, Texas is authorized by Chapter 372, Texas Local Government Code, as amended (hereinafter referred to as the "Act"), to create public improvement districts within the corporate limits of the City; and WHEREAS, on March 25, 2025 the City Council of the City approved Resolution No. 2025- 03-1753 creating the Sherley Farms Public Improvement District (the “District”); and WHEREAS, the District consists of approximately 1,123.592 contiguous acres within the corporate limits of the City; and WHEREAS, on ____________, the City Council, approved Ordinance No. __________, (hereinafter referred to as the "Assessment Ordinance") approving a service and assessment plan and assessment roll for the real property located with the District, the Assessment Ordinance being recorded on _____________, as Instrument No. ________ in the Official Public Records of Collin County, Texas; and WHEREAS, the Assessment Ordinance imposed an assessment in the amount of [amount] (hereinafter referred to as the "Lien Amount") and further imposed a lien to secure the payment of the Lien Amount (the “Lien”) against the following property located within the District, to wit: SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 47 [legal description], an addition to the City of Anna, Collin County, Texas, according to the map or plat thereof recorded as Instrument No. ________ in the Map Records of Collin County, Texas (the "Property"); and WHEREAS, the Lien Amount has been paid in full. RELEASE NOW THEREFORE, for and in consideration of the full payment of the Lien Amount, the City hereby releases and discharges, and by these presents does hereby release and discharge, the Lien to the extent that is affects and encumbers the Property. EXECUTED to be EFFECTIVE this the _____ day of _________, 20__. CITY OF ANNA, TEXAS, A Texas home rule municipality, By: _______________________________ [Manager Name], City Manager ATTEST: _______________________________ [Secretary Name], City Secretary STATE OF TEXAS § § COUNTY OF COLLIN § This instrument was acknowledged before me on the ____ day of ________, 20__, by the City Manager for the City of Anna, Texas, a Texas home rule municipality, on behalf of said municipality. _______________________________ Notary Public, State of Texas SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 48 EXHIBIT J – DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #1 BONDS [To be provided at PID Bond pricing.] SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 49 EXHIBIT K-1 – DISTRICT LEGAL DESCRIPTION SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 50 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 51 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 52 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 53 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 54 EXHIBIT K-2 – IMPROVEMENT AREA #1 LEGAL DESCRIPTION PHASE 1 METES AND BOUNDS DESCRIPTION BEING a tract of land situated in the G. Morrison Survey, Abstract No. 559, and the S. Moore Survey, Abstract No. 625, in Collin County, Texas, being part of Tracts 1.1, 1.3, and 1.4, recorded in Volume 4466, Page 153, Deed Records, Collin County, Texas (DRCCT), and part of Tract 1.1, recorded in Volume 4466, Page 183 DRCCT, and all of Tract 1.2, recorded in Volume 4466, Page 201, DRCCT, with the subject tract being more particularly described as follows: BEGINNING at a 1/2" iron rod with plastic cap stamped "SPIARSENG" set along the south line of Farm to Market Road 2862, a 90-foot-wide right-of-way, from which a 1/2" iron rod found bears N 84°54'26" W, 1658.47 feet for the southeast corner of the "Second Tract" conveyed to Daniel W. Koen and Sue Ann Burleson-Koen, recorded in Document No. 93-0107055 DRCCT; THENCE S 87°35'00" E, 3.15 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE S 87°54'00" E, 852.06 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE S 88°23'00" E, 1005.18 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a tangent curve to the left having a central angle of 61°39'58", a radius of 363.31 feet, a chord of N 60°47'01" E - 372.42 feet, an arc length of 391.02 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set on the west line of a tract conveyed to Larry Kropman Bennett and Jill Rae Bennett, recorded in Volume 1718, Page 193 DRCCT; THENCE S 02°42'15" W, 147.06 feet along the west line thereof to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE S 88°34'52" E, along the south line of said Bennett tract, passing at 317.47 feet a 3/8" iron rod found for the southeast corner thereof, being the southwest corner of a tract described in deed recorded in Document No. 20160209000150410 OPRCCT, and continuing along the south line thereof a total distance of 673.49 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE S 19°13'14" E, 988.05 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 55 THENCE around a non-tangent curve to the right having a central angle of 31°18'08", a radius of 1355.00 feet, a chord of S 38°55'42" W - 731.10 feet, an arc length of 740.27 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE S 54°34'46" W, 675.31 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a tangent curve to the left having a central angle of 8°25'51", a radius of 2545.00 feet, a chord of S 50°21'50" W - 374.15 feet, an arc length of 374.49 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a compound curve to the left having a central angle of 1°21'02", a radius of 1545.00 feet, a chord of S 45°28'23" W - 36.42 feet, an arc length of 36.42 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 47°52'56" W, 117.77 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 63°22'52" W, 674.62 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE S 26°37'08" W, 490.25 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 63°19'59" W, 296.01 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE S 26°37'08" W, 130.00 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 63°22'52" W, 268.53 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a tangent curve to the left having a central angle of 36°00'21", a radius of 95.00 feet, a chord of N 81°23'03" W - 58.72 feet, an arc length of 59.70 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE S 80°36'47" W, 80.83 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a tangent curve to the left having a central angle of 7°19'45", a radius of 345.00 feet, a chord of S 76°56'54" W - 44.10 feet, an arc length of 44.13 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 56 THENCE S 52°52'29" W, 50.00 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a non-tangent curve to the right having a central angle of 33°46'17", a radius of 850.00 feet, a chord of N 20°14'22" W - 493.79 feet, an arc length of 501.01 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 03°21'14" W, 51.20 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 87°03'38" W, 802.11 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a non-tangent curve to the right having a central angle of 09°05'47", a radius of 1,245 feet, a chord of N 63°23'05" E - 197.45 feet, an arc length of 197.66 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a reverse curve to the left having a central angle of 05°45'11", a radius of 1245.00 feet, a chord of N 65°03'23" E - 124.96 feet, an arc length of 125.01 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 62°10'47" E, 501.95 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a tangent curve to the left having a central angle of 24°42'42", a radius of 780.00 feet, a chord of N 49°49'26" E - 333.81 feet, an arc length of 336.41 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a compound curve to the left having a central angle of 43°38'06", a radius of 365.00 feet, a chord of N 15°33'38" E - 271.31 feet, an arc length of 277.98 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a non-tangent curve to the right having a central angle of 98°57'03", a radius of 71.50 feet, a chord of N 80°15'05" W - 108.70 feet, an arc length of 123.48 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 30°46'33" W, 84.43 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 25°05'59" W, 115.10 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE around a tangent curve to the right having a central angle of 62°31'41", a radius of 379.50 feet, a chord of N 06°09'52" E - 393.91 feet, an arc length of 414.16 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 57 THENCE around a reverse curve to the left having a central angle of 04°49'49", a radius of 220.50 feet, a chord of N 35°00'48" E - 18.58 feet, an arc length of 18.59 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 87°54'00" W, 104.75 feet to a 1/2" iron rod with plastic cap stamped "SPIARSENG" set; THENCE N 02°06'00" E 150.02 feet to the POINT OF BEGINNING, with the subject tract containing 5,880,591 square feet or 135.00 acres of land. SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 58 APPENDIX A – ENGINEER’S REPORT [To be provided on final pricing.] SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT PRELIMINARY SERVICE AND ASSESSMENT PLAN 59 APPENDIX B – BUYER DISCLOSURES Forms of the buyer disclosures for the following Lot Types are found in this appendix: Improvement Area #1  Initial Parcel  Lot Type 1  Lot Type 2  Lot Type 3  Lot Type 4 [Remainder of page left intentionally blank.] SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT - IMPROVEMENT AREA #1 INITIAL PARCEL BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court-ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING1 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #1 INITIAL PARCEL PRINCIPAL ASSESSMENT: $33,950,000.00 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within Sherley Farms Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. _________________ 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. ______________ 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. STATE OF TEXAS § § COUNTY OF _______ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]3 ______________ 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. STATE OF TEXAS § § COUNTY OF ________ § The foregoing instrument was acknowledged before me by ______________________ and ____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________, 20__. Notary Public, State of Texas]4 ______________ 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment Installment Due 1/31 Principal Interest[a]Additional Interest Annual Collection Costs Total Annual Installment Due[b] 2027 403,000$ 2,037,000$ 169,750$ 40,800$ 2,650,550$ 2028 428,000$ 2,012,820$ 167,735$ 41,616$ 2,650,171$ 2029 455,000$ 1,987,140$ 165,595$ 42,448$ 2,650,183$ 2030 484,000$ 1,959,840$ 163,320$ 43,297$ 2,650,457$ 2031 514,000$ 1,930,800$ 160,900$ 44,163$ 2,649,863$ 2032 547,000$ 1,899,960$ 158,330$ 45,046$ 2,650,336$ 2033 582,000$ 1,867,140$ 155,595$ 45,947$ 2,650,682$ 2034 618,000$ 1,832,220$ 152,685$ 46,866$ 2,649,771$ 2035 658,000$ 1,795,140$ 149,595$ 47,804$ 2,650,539$ 2036 699,000$ 1,755,660$ 146,305$ 48,760$ 2,649,725$ 2037 744,000$ 1,713,720$ 142,810$ 49,735$ 2,650,265$ 2038 791,000$ 1,669,080$ 139,090$ 50,730$ 2,649,900$ 2039 842,000$ 1,621,620$ 135,135$ 51,744$ 2,650,499$ 2040 895,000$ 1,571,100$ 130,925$ 52,779$ 2,649,804$ 2041 953,000$ 1,517,400$ 126,450$ 53,835$ 2,650,685$ 2042 1,013,000$ 1,460,220$ 121,685$ 54,911$ 2,649,816$ 2043 1,078,000$ 1,399,440$ 116,620$ 56,010$ 2,650,070$ 2044 1,147,000$ 1,334,760$ 111,230$ 57,130$ 2,650,120$ 2045 1,221,000$ 1,265,940$ 105,495$ 58,272$ 2,650,707$ 2046 1,299,000$ 1,192,680$ 99,390$ 59,438$ 2,650,508$ 2047 1,382,000$ 1,114,740$ 92,895$ 60,627$ 2,650,262$ 2048 1,471,000$ 1,031,820$ 85,985$ 61,839$ 2,650,644$ 2049 1,565,000$ 943,560$ 78,630$ 63,076$ 2,650,266$ 2050 1,665,000$ 849,660$ 70,805$ 64,337$ 2,649,802$ 2051 1,772,000$ 749,760$ 62,480$ 65,624$ 2,649,864$ 2052 1,886,000$ 643,440$ 53,620$ 66,937$ 2,649,997$ 2053 2,007,000$ 530,280$ 44,190$ 68,275$ 2,649,745$ 2054 2,137,000$ 409,860$ 34,155$ 69,641$ 2,650,656$ 2055 2,274,000$ 281,640$ 23,470$ 71,034$ 2,650,144$ 2056 2,420,000$ 145,200$ 12,100$ 72,454$ 2,649,754$ Total 33,950,000$ 40,523,640$ 3,376,970$ 1,655,175$ 79,505,785$ Footnotes: [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [a] Interest is calculated at a 6.00% rate for illustrative purposes and is subject to change upon ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 INITIAL PARCEL SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT - IMPROVEMENT AREA #1 LOT TYPE 1 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court-ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING1 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #1 LOT TYPE 1 PRINCIPAL ASSESSMENT: $67,569.66 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within Sherley Farms Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. _________________ 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. ______________ 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. STATE OF TEXAS § § COUNTY OF _______ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]3 ______________ 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. STATE OF TEXAS § § COUNTY OF ________ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]4 ______________ 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment Annual Installment Due 1/31 Principal Interest[a]Additional Interest Annual Collection Costs Total Annual Installment Due[b] 2027 802.08$ 4,054.18$ 337.85$ 81.20$ 5,275.31$ 2028 851.84$ 4,006.05$ 333.84$ 82.83$ 5,274.56$ 2029 905.57$ 3,954.94$ 329.58$ 84.48$ 5,274.58$ 2030 963.29$ 3,900.61$ 325.05$ 86.17$ 5,275.12$ 2031 1,023.00$ 3,842.81$ 320.23$ 87.90$ 5,273.94$ 2032 1,088.68$ 3,781.43$ 315.12$ 89.65$ 5,274.88$ 2033 1,158.34$ 3,716.11$ 309.68$ 91.45$ 5,275.57$ 2034 1,229.99$ 3,646.61$ 303.88$ 93.28$ 5,273.76$ 2035 1,309.60$ 3,572.81$ 297.73$ 95.14$ 5,275.29$ 2036 1,391.20$ 3,494.24$ 291.19$ 97.05$ 5,273.67$ 2037 1,480.76$ 3,410.77$ 284.23$ 98.99$ 5,274.74$ 2038 1,574.30$ 3,321.92$ 276.83$ 100.97$ 5,274.02$ 2039 1,675.81$ 3,227.46$ 268.96$ 102.98$ 5,275.21$ 2040 1,781.29$ 3,126.91$ 260.58$ 105.04$ 5,273.82$ 2041 1,896.73$ 3,020.04$ 251.67$ 107.15$ 5,275.58$ 2042 2,016.14$ 2,906.23$ 242.19$ 109.29$ 5,273.85$ 2043 2,145.51$ 2,785.26$ 232.11$ 111.48$ 5,274.35$ 2044 2,282.84$ 2,656.53$ 221.38$ 113.70$ 5,274.45$ 2045 2,430.12$ 2,519.56$ 209.96$ 115.98$ 5,275.62$ 2046 2,585.36$ 2,373.75$ 197.81$ 118.30$ 5,275.23$ 2047 2,750.55$ 2,218.63$ 184.89$ 120.66$ 5,274.74$ 2048 2,927.69$ 2,053.60$ 171.13$ 123.08$ 5,275.50$ 2049 3,114.77$ 1,877.94$ 156.49$ 125.54$ 5,274.74$ 2050 3,313.80$ 1,691.05$ 140.92$ 128.05$ 5,273.82$ 2051 3,526.76$ 1,492.22$ 124.35$ 130.61$ 5,273.94$ 2052 3,753.65$ 1,280.62$ 106.72$ 133.22$ 5,274.21$ 2053 3,994.47$ 1,055.40$ 87.95$ 135.89$ 5,273.71$ 2054 4,253.21$ 815.73$ 67.98$ 138.60$ 5,275.52$ 2055 4,525.87$ 560.54$ 46.71$ 141.38$ 5,274.50$ 2056 4,816.45$ 288.99$ 24.08$ 144.20$ 5,273.73$ Total 67,569.66$ 80,652.98$ 6,721.08$ 3,294.24$ 158,237.96$ Footnotes: [a] Interest is calculated at a 6.00% rate for illustrative purposes and is subject to change upon PID Bond issuance. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 1 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT - IMPROVEMENT AREA #1 LOT TYPE 2 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court-ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING1 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #1 LOT TYPE 2 PRINCIPAL ASSESSMENT: $75,077.40 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within Sherley Farms Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. _________________ 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. ______________ 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. STATE OF TEXAS § § COUNTY OF _______ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]3 ______________ 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. STATE OF TEXAS § § COUNTY OF ________ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]4 ______________ 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment Annual Installment Due 1/31 Principal Interest[a]Additional Interest Annual Collection Costs Total Annual Installment Due[b] 2027 891.20$ 4,504.64$ 375.39$ 90.23$ 5,861.46$ 2028 946.48$ 4,451.17$ 370.93$ 92.03$ 5,860.62$ 2029 1,006.19$ 4,394.38$ 366.20$ 93.87$ 5,860.64$ 2030 1,070.32$ 4,334.01$ 361.17$ 95.75$ 5,861.25$ 2031 1,136.67$ 4,269.79$ 355.82$ 97.66$ 5,859.94$ 2032 1,209.64$ 4,201.59$ 350.13$ 99.62$ 5,860.98$ 2033 1,287.04$ 4,129.01$ 344.08$ 101.61$ 5,861.75$ 2034 1,366.65$ 4,051.79$ 337.65$ 103.64$ 5,859.73$ 2035 1,455.11$ 3,969.79$ 330.82$ 105.71$ 5,861.43$ 2036 1,545.78$ 3,882.49$ 323.54$ 107.83$ 5,859.63$ 2037 1,645.29$ 3,789.74$ 315.81$ 109.98$ 5,860.82$ 2038 1,749.23$ 3,691.02$ 307.59$ 112.18$ 5,860.02$ 2039 1,862.01$ 3,586.07$ 298.84$ 114.43$ 5,861.34$ 2040 1,979.21$ 3,474.35$ 289.53$ 116.72$ 5,859.81$ 2041 2,107.47$ 3,355.59$ 279.63$ 119.05$ 5,861.75$ 2042 2,240.16$ 3,229.15$ 269.10$ 121.43$ 5,859.83$ 2043 2,383.90$ 3,094.74$ 257.89$ 123.86$ 5,860.39$ 2044 2,536.49$ 2,951.70$ 245.98$ 126.34$ 5,860.50$ 2045 2,700.13$ 2,799.51$ 233.29$ 128.86$ 5,861.80$ 2046 2,872.62$ 2,637.51$ 219.79$ 131.44$ 5,861.36$ 2047 3,056.17$ 2,465.15$ 205.43$ 134.07$ 5,860.82$ 2048 3,252.99$ 2,281.78$ 190.15$ 136.75$ 5,861.66$ 2049 3,460.86$ 2,086.60$ 173.88$ 139.49$ 5,860.83$ 2050 3,682.00$ 1,878.95$ 156.58$ 142.28$ 5,859.80$ 2051 3,918.62$ 1,658.03$ 138.17$ 145.12$ 5,859.94$ 2052 4,170.72$ 1,422.91$ 118.58$ 148.03$ 5,860.23$ 2053 4,438.30$ 1,172.67$ 97.72$ 150.98$ 5,859.67$ 2054 4,725.79$ 906.37$ 75.53$ 154.00$ 5,861.69$ 2055 5,028.75$ 622.82$ 51.90$ 157.09$ 5,860.56$ 2056 5,351.61$ 321.10$ 26.76$ 160.23$ 5,859.69$ Total 75,077.40$ 89,614.42$ 7,467.87$ 3,660.27$ 175,819.96$ Footnotes: [a] Interest is calculated at a 6.00% rate for illustrative purposes and is subject to change upon PID Bond issuance. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 2 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #1 LOT TYPE 3 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court-ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING1 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #1 LOT TYPE 3 PRINCIPAL ASSESSMENT: $90,092.88 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within Sherley Farms Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. _________________ 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. ______________ 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. STATE OF TEXAS § § COUNTY OF _______ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]3 ______________ 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. STATE OF TEXAS § § COUNTY OF ________ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]4 ______________ 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment Annual Installment Due 1/31 Principal Interest[a]Additional Interest Annual Collection Costs Total Annual Installment Due[b] 2027 1,069.44$ 5,405.57$ 450.46$ 108.27$ 7,033.75$ 2028 1,135.78$ 5,341.41$ 445.12$ 110.44$ 7,032.74$ 2029 1,207.43$ 5,273.26$ 439.44$ 112.64$ 7,032.77$ 2030 1,284.39$ 5,200.81$ 433.40$ 114.90$ 7,033.50$ 2031 1,364.00$ 5,123.75$ 426.98$ 117.20$ 7,031.92$ 2032 1,451.57$ 5,041.91$ 420.16$ 119.54$ 7,033.18$ 2033 1,544.45$ 4,954.82$ 412.90$ 121.93$ 7,034.10$ 2034 1,639.98$ 4,862.15$ 405.18$ 124.37$ 7,031.68$ 2035 1,746.13$ 4,763.75$ 396.98$ 126.86$ 7,033.72$ 2036 1,854.93$ 4,658.98$ 388.25$ 129.39$ 7,031.56$ 2037 1,974.35$ 4,547.69$ 378.97$ 131.98$ 7,032.99$ 2038 2,099.07$ 4,429.23$ 369.10$ 134.62$ 7,032.02$ 2039 2,234.41$ 4,303.28$ 358.61$ 137.31$ 7,033.61$ 2040 2,375.06$ 4,169.22$ 347.43$ 140.06$ 7,031.77$ 2041 2,528.97$ 4,026.71$ 335.56$ 142.86$ 7,034.10$ 2042 2,688.19$ 3,874.98$ 322.91$ 145.72$ 7,031.80$ 2043 2,860.68$ 3,713.68$ 309.47$ 148.63$ 7,032.47$ 2044 3,043.79$ 3,542.04$ 295.17$ 151.61$ 7,032.61$ 2045 3,240.16$ 3,359.42$ 279.95$ 154.64$ 7,034.16$ 2046 3,447.15$ 3,165.01$ 263.75$ 157.73$ 7,033.63$ 2047 3,667.40$ 2,958.18$ 246.51$ 160.89$ 7,032.98$ 2048 3,903.58$ 2,738.13$ 228.18$ 164.10$ 7,034.00$ 2049 4,153.03$ 2,503.92$ 208.66$ 167.38$ 7,032.99$ 2050 4,418.40$ 2,254.74$ 187.89$ 170.73$ 7,031.76$ 2051 4,702.34$ 1,989.63$ 165.80$ 174.15$ 7,031.93$ 2052 5,004.87$ 1,707.49$ 142.29$ 177.63$ 7,032.28$ 2053 5,325.96$ 1,407.20$ 117.27$ 181.18$ 7,031.61$ 2054 5,670.94$ 1,087.64$ 90.64$ 184.81$ 7,034.03$ 2055 6,034.50$ 747.39$ 62.28$ 188.50$ 7,032.67$ 2056 6,421.94$ 385.32$ 32.11$ 192.27$ 7,031.63$ Total 90,092.88$ 107,537.30$ 8,961.44$ 4,392.33$ 210,983.95$ Footnotes: [a] Interest is calculated at a 6.00% rate for illustrative purposes and is subject to change upon PID Bond issuance. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 3 SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT - IMPROVEMENT AREA #1 LOT TYPE 4 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court-ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING1 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #1 LOT TYPE 4 PRINCIPAL ASSESSMENT: $105,108.36 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within Sherley Farms Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. _________________ 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. ______________ 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. STATE OF TEXAS § § COUNTY OF _______ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]3 ______________ 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. STATE OF TEXAS § § COUNTY OF ________ § The foregoing instrument was acknowledged before me by ____________________ and _________________ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this _________________ , 20__. Notary Public, State of Texas]4 ______________ 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment Annual Installment Due 1/31 Principal Interest[a]Additional Interest Annual Collection Costs Total Annual Installment Due[b] 2027 1,247.68$ 6,306.50$ 525.54$ 126.32$ 8,206.04$ 2028 1,325.08$ 6,231.64$ 519.30$ 128.84$ 8,204.86$ 2029 1,408.67$ 6,152.14$ 512.68$ 131.42$ 8,204.90$ 2030 1,498.45$ 6,067.62$ 505.63$ 134.05$ 8,205.75$ 2031 1,591.33$ 5,977.71$ 498.14$ 136.73$ 8,203.91$ 2032 1,693.50$ 5,882.23$ 490.19$ 139.46$ 8,205.37$ 2033 1,801.86$ 5,780.62$ 481.72$ 142.25$ 8,206.45$ 2034 1,913.31$ 5,672.51$ 472.71$ 145.10$ 8,203.63$ 2035 2,037.15$ 5,557.71$ 463.14$ 148.00$ 8,206.00$ 2036 2,164.09$ 5,435.48$ 452.96$ 150.96$ 8,203.48$ 2037 2,303.41$ 5,305.63$ 442.14$ 153.98$ 8,205.15$ 2038 2,448.92$ 5,167.43$ 430.62$ 157.06$ 8,204.02$ 2039 2,606.81$ 5,020.50$ 418.37$ 160.20$ 8,205.88$ 2040 2,770.90$ 4,864.09$ 405.34$ 163.40$ 8,203.73$ 2041 2,950.46$ 4,697.83$ 391.49$ 166.67$ 8,206.46$ 2042 3,136.22$ 4,520.80$ 376.73$ 170.00$ 8,203.76$ 2043 3,337.46$ 4,332.63$ 361.05$ 173.41$ 8,204.55$ 2044 3,551.08$ 4,132.38$ 344.37$ 176.87$ 8,204.71$ 2045 3,780.19$ 3,919.32$ 326.61$ 180.41$ 8,206.52$ 2046 4,021.67$ 3,692.51$ 307.71$ 184.02$ 8,205.91$ 2047 4,278.64$ 3,451.21$ 287.60$ 187.70$ 8,205.15$ 2048 4,554.18$ 3,194.49$ 266.21$ 191.45$ 8,206.33$ 2049 4,845.20$ 2,921.24$ 243.44$ 195.28$ 8,205.16$ 2050 5,154.80$ 2,630.53$ 219.21$ 199.19$ 8,203.72$ 2051 5,486.07$ 2,321.24$ 193.44$ 203.17$ 8,203.91$ 2052 5,839.01$ 1,992.07$ 166.01$ 207.24$ 8,204.33$ 2053 6,213.62$ 1,641.73$ 136.81$ 211.38$ 8,203.54$ 2054 6,616.10$ 1,268.92$ 105.74$ 215.61$ 8,206.37$ 2055 7,040.25$ 871.95$ 72.66$ 219.92$ 8,204.78$ 2056 7,492.26$ 449.54$ 37.46$ 224.32$ 8,203.57$ Total 105,108.36$ 125,460.19$ 10,455.02$ 5,124.38$ 246,147.94$ Footnotes: [a] Interest is calculated at a 6.00% rate for illustrative purposes and is subject to change upon PID Bond issuance. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 4 Item No. 7.c. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Kaleb Kentner AGENDA ITEM: Consider/Discuss/Action on a Resolution entering into a Municipal Services Agreement regarding 2.4± acres located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow. (ANX 25-0007)(Director of Development Services Kaleb Kentner) SUMMARY: Recommended for approval. FINANCIAL IMPACT: This item has no direct financial impact. However, annexation of the property will make it subject to City of Anna property and sales taxes. Properties located in the Extraterritorial Jurisdiction (ETJ) are not taxed by the City. BACKGROUND: Catherine McMinimy has submitted a petition to annex her property and to develop commercial uses. A Municipal Services Agreement is required by state law prior to approval of annexation. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Unique. ATTACHMENTS: 1. Locator Map (Annex) - McMinimy (ANX 25-0007) 2. Resolution (Services Agreement) - McMinimy (ANX 25-0007) 3. Exhibit A (Municipal Services Agreement) - McMinimy (ANX 25-0007) City of Anna, Texas Resolution No. ____________ Page 1 of 2 CITY OF ANNA, TEXAS , Chapter 43 of the Texas Local Government Code authorizes the annexation of territory, subject to the laws of this state; and , the City of Anna, Texas (the “City”) is a Texas home-rule municipality; and , Section 43.0671 of the Texas Local Government Code authorizes a municipality to extend the boundaries of the municipality and annex areas by request of the owner(s) of the areas; and , on or about November 5, 2025, the respective owners submitted a written request to the City for annexation of a tract of land into the corporate limits of the City (the “Annexation Tract”); and , the Annexation Tract is a 2.4± acre tract of land situated in Granderson Stark Survey, Abstract Number 798, City of Anna, Collin County, Texas, and being a portion of that certain tract of land conveyed to Richard A. McMinimy and wife, Catherine F. McMinimy, by Warranty Deed recorded in Instrument Number 2007020500169410, Official Public Records, Collin County, Texas; and , the owners of the Annexation Tract have executed a conditional written agreement regarding municipal services to be provided by the City in accordance with Texas Local Government Code § 43.0672 (the “Conditional Agreement”) and said agreement is as set forth in EXHIBIT A, attached hereto; and , the Conditional Agreement is conditioned on the City of Anna City Council (the “City Council”) adopting an ordinance annexing the Annexation Tract described above on or before the 13th day of January 2026, and if the City Council does not adopt such ordinances on or before said date, then the Conditional Agreement shall be null and void in its entirety; and , the City desires to adopt and enter into the Conditional Agreement; provided, however, that the Conditional Agreement shall not require the City Council to annex the Annexation Tract; . The recitals set forth above are hereby incorporated in this resolution as if set forth in full for all purposes. . The City Council hereby approves and enters into the Conditional Agreement and authorizes the City Manager to execute said agreement on behalf of the City. City of Anna, Texas Resolution No. ____________ Page 2 of 2 SECTION 3. This resolution shall become effective immediately upon the date and time of its adoption, and it is accordingly so resolved. PASSED, APPROVED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THIS THE 13TH DAY OF JANUARY 2026. CITY OF ANNA, TEXAS ___________________________________ PETE CAIN MAYOR ATTEST: _______________________________________ CARRIE L. LAND CITY SECRETARY Page 1 of 5 AGREEMENT REGARDING SERVICES This Agreement Regarding Services (this “Agreement” or “Service Plan”) is entered into this 13th day of January 2026 by and between Catherine McMinimy and the City of Anna, Texas a home rule municipality. SUBJECT PROPERTY The real property that is the subject of this Service Plan is described as follows: 2.4± acres located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow. AGREEMENT CONDITIONED ON ANNEXATION This Agreement is conditioned on the City of Anna City Council adopting an ordinance annexing the Subject Property described above. Nothing in this Agreement shall require the City Council to annex the Subject Property. POLICE PROTECTION On the effective date of annexation, the City of Anna, Texas and its Police Department will provide police protection to the newly annexed area at the same or similar level of service now being provided to other areas of the City of Anna, Texas with similar topography, land use, and population density within the newly annexed area. FIRE PROTECTION On the effective date of annexation, the City of Anna, Texas and its Fire Department will provide fire protection to the newly annexed area at the same or similar level of service now being provided to other areas of the City of Anna, Texas with similar topography, land use, and population density within the newly annexed area. EMERGENCY MEDICAL SERVICES On the effective date of annexation, the City of Anna, Texas will provide emergency medical services to the newly annexed area at the same or similar level of service now being provided to other areas of the City of Anna, Texas with similar topography, land use, and population density within the newly annexed area. Page 2 of 5 SOLID WASTE COLLECTION On the effective date of annexation, the City of Anna, Texas, through its contract with CARDS Dallas, Inc. or another service provider, will provide solid waste collection to residents and businesses in the newly annexed area (to the extent that the service provider has access to the area to be serviced) at the same or similar level of service now being provided to other areas of the City of Anna, Texas with similar topography, land use, and population density within the newly annexed area. Such service will be provided in accordance with existing City policies and Ordinances, and only upon payment of any required deposits and the agreement to pay lawful service fees and charges for solid waste collection. Solid waste collection through a subscription with the City’s solid waste franchisee is mandatory for City of Anna residents and businesses operating within the city limits unless provided for otherwise by ordinance. WATER AND WASTEWATER FACILITIES On the effective date of annexation, any and all water or wastewater facilities owned by the City of Anna, Texas at the time of annexation shall be maintained and operated by the City of Anna, Texas. Of such facilities, the City will maintain the main water transmission and wastewater collection lines. All water and wastewater service lines from the building to the easement or right-of-way line, shall be maintained by the property owner served by the service connection. Residents and owners of property in newly annexed areas that are located within the City’s water or wastewater CCN will be offered water and wastewater service in accordance with City policies and ordinances in existence at the time of annexation or as may be amended from time-to-time by the City Council. Generally, these ordinances state that the landowner or customer must bear the cost of construction of water and wastewater system facilities to a point where suitable connection to the existing system can be made and service to the customer can be provided. All water and wastewater facilities designed to connect to the City’s existing system must be approved by the City and meet all City zoning, subdivision, and other development ordinances and requirements. ROADS AND STREETS On the effective date of annexation, any and all existing public roads or streets in the newly annexed area which have been dedicated to Collin County, Texas or to the City of Anna, Texas, or which are owned by the City of Anna, Texas shall be maintained to the same degree and extent that other roads and streets are maintained in areas of the City with similar topography land use and population density. Specific maintenance activities are determined by available funding and the need for maintenance as determined by the City. The City is not obligated to maintain any portion of a private road or street. Any and all lighting of roads and streets which may be positioned in a public right of way, roadway or utility company easement shall be maintained by the applicable utility company Page 3 of 5 servicing that area of the City of Anna, Texas pursuant to the rules regulations and fees of such utility. PARKS PLAYGROUNDS AND SWIMMING POOLS OR ANY OTHER PUBLICLY OWNED FACILITY BUILDING OR SERVICE OTHER MUNICIPAL SERVICES CONSTRUCTION OF CAPITAL IMPROVEMENTS Page 4 of 5 at the present time adequate facilities to provide the same type, kind and level of service which exists in and is presently being administered to other areas already incorporated in the City of Anna, Texas with the same or similar topography, land use and population density. SPECIFIC FINDINGS AMENDMENTS Page 5 of 5 Owner: By: ____________________________ Name: Catherine McMinimy STATE OF TEXAS § § COUNTY OF DALLAS § This instrument was acknowledged before me on the _____ day of ________________, 2026 by the property owner, Catherine McMinimy. _____________________________ Notary Public, State of Texas : By: Name: Marc Marchand Title: Acting City Manager IN WITNESS WHEROF: STATE OF TEXAS § § COUNTY OF COLLIN § This instrument was acknowledged before me on the ___ day of ________, 2026, by Marc Marchand as representative of the City of Anna. Notary Public, State of Texas [SEAL] Item No. 7.d. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Kaleb Kentner AGENDA ITEM: Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance for annexation of 2.4± acres located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow. (ANX 25-0007) (Director of Development Services Kaleb Kentner) SUMMARY: Catherine McMinimy has submitted a petition to annex 2.4± acres of land. The Service Plan Agreement is on this agenda and is required by state law prior to approval of annexation. The zoning request is also on this agenda. FINANCIAL IMPACT: This item has no direct financial impact. However, annexation of the property will make it subject to City of Anna property taxes. Properties located in the Extraterritorial Jurisdiction (ETJ) are not taxed by the City. BACKGROUND: HBC Interests is seeking to develop the property in accordance with the companion zoning request on this agenda. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Unique. ATTACHMENTS: 1. Locator Map (Annex) 2. Ordinance (Annexation) - McMinimy (ANX 25-0007) 3. Exhibit A (Legal Description) - McMinimy (ANX 25-0007) 4. Exhibit B (Municipal Services Agreement) - McMinimy (ANX 25-0007) City of Anna, Texas Ordinance No. ____________ Page 1 of 2 CITY OF ANNA, TEXAS , Chapter 43 of the Texas Local Government Code authorizes the annexation of territory, subject to the laws of this state; and , the City of Anna, Texas (the “City”) is a Texas home-rule municipality; and , Section 43.0671 of the Texas Local Government Code authorizes a municipality to extend the boundaries of the municipality and annex areas by request of the owner(s) of the areas; and , the procedures prescribed by the Texas Local Government Code and the laws of this state have been duly followed with respect to the City’s annexation of following described territory, to wit: a tract of land situated in the Granderson Stark Survey, Abstract Number 798, City of Anna, Collin County, Texas, and being a portion of that certain tract of land conveyed to Richard A. McMinimy and wife, Catherine F. McMinimy, by Warranty Deed recorded in Instrument Number 2007020500169410, Official Public Records, Collin County, Texas; and , the land being annexed under this ordinance (the “Annexation Tract”) is described and depicted more specifically in EXHIBIT A, attached hereto; and , the Annexation Tract is wholly located with the City’s extraterritorial jurisdiction; and , on or about January 8, 2025, the respective owner of the Annexation Tract submitted a written request to the City for annexation of said tract into the corporate limits of the City and the City and said owners have entered into a written agreement regarding municipal services to be provided by the City in accordance with Texas Local Government Code § 43.0672 and said written agreement is as set forth in EXHIBIT B, attached hereto; and , the City timely published notice and held a public hearing on this annexation at a duly noticed public meeting in accordance with the laws of this state; : City of Anna, Texas Ordinance No. ____________ Page 2 of 2 SECTION 1. The recitals set forth above are hereby incorporated in this ordinance as if set forth in full for all purposes. SECTION 2. The Annexation Tract is hereby annexed into the corporate boundary limits of the City of Anna, Collin County, Texas, and that said corporate boundary limits of the City of Anna be and the same are hereby extended to include the above described territory within the corporate limits of the City, and the same shall hereafter be included within the territorial limits of the City, and the inhabitants thereof shall hereafter as set forth be entitled to all the rights and privileges of other similarly situated citizens of the City of Anna and they shall be bound by the acts, ordinances, resolutions, regulations and all other legal acts of said city. SECTION 3. The official map and boundaries of the City of Anna are hereby amended and revised so as to include the area annexed, and to reflect the expansion of the City's extraterritorial jurisdiction resulting from such annexation and the City Manager is directed to take all actions necessary to make said changes to the official boundary map of the City. SECTION 4. The City Secretary is hereby directed to file a certified copy of this ordinance and the amended official boundary map referenced in Section 3 with the with the County Clerk of Collin, Texas and the Texas Comptroller’s Office. SECTION 5. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs and sections of this ordinance be severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this ordinance, and the remainder of this ordinance shall be enforced as written. SECTION 6. All ordinances and parts thereof in conflict herewith are hereby expressly repealed insofar as they conflict herewith. SECTION 7. This ordinance shall become effective immediately upon the date and time of its adoption and it is accordingly so ordained. PASSED, APPROVED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THIS THE 13TH DAY OF JANUARY 2026. CITY OF ANNA, TEXAS ___________________________________ PETE CAIN, MAYOR ATTEST: _______________________________________ CARRIE L. LAND, CITY SECRETARY Being all that certain 2.441 acre tract of land situated in the Granderson Stark Survey, Abstract Number 798, City of Anna, Collin County, Texas, and being a portion of that certain tract of land conveyed to Richard A. McMinimy and wife, Catherine F. McMinimy, by Warranty Deed recorded in Instrument Number 2007020500169410, O2icial Public Records, Collin County, Texas, and being more particularly described as follows: BEGINNING at a 1/2 inch iron rod with red plastic cap stamped "Peiser & Mankin SURV" set for the northeast corner of the herein described tract, same being in the north line of said McMinimy tract, same being the most easterly southeast corner of Lot 1, Block 1, Anna Elementary No. 3, an addition to the City of Anna, Collin County, Texas, according to the plat thereof recorded in Volume 2018, Page 253, O2icial Public Records, Collin County, Texas, same being the northwest corner of that certain right-of-way dedication to City of Anna by General Warranty Deed recorded in Instrument Number 2023000038481, O2icial Public Records, Collin County, Texas, same being in the west right-of-way line of Leonard Avenue (previously known as County Road 422)(a 120 foot right-of-way); THENCE South 00 deg. 29 min. 58 sec. West, through the interior of said McMinimy tract, along the west line of said City of Anna tract, and along the west right-of-way line of said Leonard Avenue, a distance of 326.21 feet to a power pole at the southeast corner of the herein described tract, same being the southwest corner of said City of Anna tract, same being the northeast corner of Lot 1, Block A, Canvas at Anna, an addition to the City of Anna, Collin County, Texas, according to the plat thereof recorded in Volume 2023, Page 976, O2icial Public Records, Collin County, Texas; THENCE North 89 deg. 39 min. 16 sec. West, along the common line of said McMinimy tract and said Lot 1, Block A, a distance of 343.91 feet to a 1/2 inch iron rod found for the southwest corner of said McMinimy tract, same being the most southerly southeast corner of aforesaid Lot 1, Block 1; THENCE along the common line of said McMinimy tract and said Lot 1, Block 1 as follows: North 08 deg. 26 min. 32 sec. East, a distance of 340.17 feet to a 1/2 inch iron rod found for the northwest corner of said McMinimy tract; THENCE South 87 deg. 36 min. 52 sec. East, a distance of 297.06 feet to the POINT OF BEGINNING and containing 106,338 square feet or 2.441 acres of computed land, more or less. OW N E R : CA T H E R I N E F . M c M I N I M Y 30 2 0 C O U N T Y R O A D 4 2 2 AN N A , T X 7 5 4 0 9 30 2 0 C O U N T Y R O A D 4 2 2 CI T Y O F A N N A , T E X A S 7 5 4 0 9 ZO N I N G E X H I B I T EX1 54 8 - 5 0 \ D W G \ Z O N I N G E X H I B I T . d w g De s i g n e d b y : 1" = 3 0 ' JJ V Ch e c k e d b y : Sc a l e : Dr a w n b y : DR S JJ V 11 / 0 5 / 2 0 2 5 Da t e : va s q u e z e n g i n e e r i n g , L. L . C . 19 1 9 S . S h i l o h R o a d Su i t e 4 4 0 , L B 4 4 Ga r l a n d , T e x a s 7 5 0 4 2 Ph : 9 7 2 - 2 7 8 - 2 9 4 8 TX R e g i s t r a t i o n # F - 1 2 2 6 6 TH I S D O C U M E N T I S F O R IN T E R I M R E V I E W A N D I S NO T I N T E N D E D F O R CO N S T R U C T I O N , P E R M I T T I N G OR B I D D I N G P U R P O S E S JU A N J . V A S Q U E Z , P . E . TE X A S N O . 8 5 8 5 2 DA T E D 1 1 / 0 5 / 2 0 2 5 VA S Q U E Z E N G I N E E R I N G , L . L . C . TX R E G . F - 1 2 2 6 6 Being all that certain 2.441 acre tract of land situated in the Granderson Stark Survey, Abstract Number 798, City of Anna, Collin County, Texas, and being a portion of that certain tract of land conveyed to Richard A. McMinimy and wife, Catherine F. McMinimy, by Warranty Deed recorded in Instrument Number 2007020500169410, Official Public Records, Collin County, Texas, and being more particularly described as follows: BEGINNING at a 1/2 inch iron rod with red plastic cap stamped "Peiser & Mankin SURV" set for the northeast corner of the herein described tract, same being in the north line of said McMinimy tract, same being the most easterly southeast corner of Lot 1, Block 1, Anna Elementary No. 3, an addition to the City of Anna, Collin County, Texas, according to the plat thereof recorded in Volume 2018, Page 253, Official Public Records, Collin County, Texas, same being the northwest corner of that certain right-of-way dedication to City of Anna by General Warranty Deed recorded in Instrument Number 2023000038481, Official Public Records, Collin County, Texas, same being in the west right-of-way line of Leonard Avenue (previously known as County Road 422)(a 120 foot right-of-way); THENCE South 00 deg. 29 min. 58 sec. West, through the interior of said McMinimy tract, along the west line of said City of Anna tract, and along the west right-of-way line of said Leonard Avenue, a distance of 326.21 feet to a power pole at the southeast corner of the herein described tract, same being the southwest corner of said City of Anna tract, same being the northeast corner of Lot 1, Block A, Canvas at Anna, an addition to the City of Anna, Collin County, Texas, according to the plat thereof recorded in Volume 2023, Page 976, Official Public Records, Collin County, Texas; THENCE North 89 deg. 39 min. 16 sec. West, along the common line of said McMinimy tract and said Lot 1, Block A, a distance of 343.91 feet to a 1/2 inch iron rod found for the southwest corner of said McMinimy tract, same being the most southerly southeast corner of aforesaid Lot 1, Block 1; THENCE along the common line of said McMinimy tract and said Lot 1, Block 1 as follows: North 08 deg. 26 min. 32 sec. East, a distance of 340.17 feet to a 1/2 inch iron rod found for the northwest corner of said McMinimy tract; THENCE South 87 deg. 36 min. 52 sec. East, a distance of 297.06 feet to the POINT OF BEGINNING and containing 106,338 square feet or 2.441 acres of computed land, more or less. Page 1 of 5 AGREEMENT REGARDING SERVICES This Agreement Regarding Services (this “Agreement” or “Service Plan”) is entered into this 13th day of January 2026 by and between Catherine McMinimy and the City of Anna, Texas a home rule municipality. SUBJECT PROPERTY The real property that is the subject of this Service Plan is described as follows: 2.4± acres located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow. AGREEMENT CONDITIONED ON ANNEXATION This Agreement is conditioned on the City of Anna City Council adopting an ordinance annexing the Subject Property described above. Nothing in this Agreement shall require the City Council to annex the Subject Property. POLICE PROTECTION On the effective date of annexation, the City of Anna, Texas and its Police Department will provide police protection to the newly annexed area at the same or similar level of service now being provided to other areas of the City of Anna, Texas with similar topography, land use, and population density within the newly annexed area. FIRE PROTECTION On the effective date of annexation, the City of Anna, Texas and its Fire Department will provide fire protection to the newly annexed area at the same or similar level of service now being provided to other areas of the City of Anna, Texas with similar topography, land use, and population density within the newly annexed area. EMERGENCY MEDICAL SERVICES On the effective date of annexation, the City of Anna, Texas will provide emergency medical services to the newly annexed area at the same or similar level of service now being provided to other areas of the City of Anna, Texas with similar topography, land use, and population density within the newly annexed area. Page 2 of 5 SOLID WASTE COLLECTION On the effective date of annexation, the City of Anna, Texas, through its contract with CARDS Dallas, Inc. or another service provider, will provide solid waste collection to residents and businesses in the newly annexed area (to the extent that the service provider has access to the area to be serviced) at the same or similar level of service now being provided to other areas of the City of Anna, Texas with similar topography, land use, and population density within the newly annexed area. Such service will be provided in accordance with existing City policies and Ordinances, and only upon payment of any required deposits and the agreement to pay lawful service fees and charges for solid waste collection. Solid waste collection through a subscription with the City’s solid waste franchisee is mandatory for City of Anna residents and businesses operating within the city limits unless provided for otherwise by ordinance. WATER AND WASTEWATER FACILITIES On the effective date of annexation, any and all water or wastewater facilities owned by the City of Anna, Texas at the time of annexation shall be maintained and operated by the City of Anna, Texas. Of such facilities, the City will maintain the main water transmission and wastewater collection lines. All water and wastewater service lines from the building to the easement or right-of-way line, shall be maintained by the property owner served by the service connection. Residents and owners of property in newly annexed areas that are located within the City’s water or wastewater CCN will be offered water and wastewater service in accordance with City policies and ordinances in existence at the time of annexation or as may be amended from time-to-time by the City Council. Generally, these ordinances state that the landowner or customer must bear the cost of construction of water and wastewater system facilities to a point where suitable connection to the existing system can be made and service to the customer can be provided. All water and wastewater facilities designed to connect to the City’s existing system must be approved by the City and meet all City zoning, subdivision, and other development ordinances and requirements. ROADS AND STREETS On the effective date of annexation, any and all existing public roads or streets in the newly annexed area which have been dedicated to Collin County, Texas or to the City of Anna, Texas, or which are owned by the City of Anna, Texas shall be maintained to the same degree and extent that other roads and streets are maintained in areas of the City with similar topography land use and population density. Specific maintenance activities are determined by available funding and the need for maintenance as determined by the City. The City is not obligated to maintain any portion of a private road or street. Any and all lighting of roads and streets which may be positioned in a public right of way, roadway or utility company easement shall be maintained by the applicable utility company Page 3 of 5 servicing that area of the City of Anna, Texas pursuant to the rules regulations and fees of such utility. PARKS PLAYGROUNDS AND SWIMMING POOLS OR ANY OTHER PUBLICLY OWNED FACILITY BUILDING OR SERVICE OTHER MUNICIPAL SERVICES CONSTRUCTION OF CAPITAL IMPROVEMENTS Page 4 of 5 at the present time adequate facilities to provide the same type, kind and level of service which exists in and is presently being administered to other areas already incorporated in the City of Anna, Texas with the same or similar topography, land use and population density. SPECIFIC FINDINGS AMENDMENTS Page 5 of 5 Owner: By: ____________________________ Name: Catherine McMinimy STATE OF TEXAS § § COUNTY OF DALLAS § This instrument was acknowledged before me on the _____ day of ________________, 2026 by the property owner, Catherine McMinimy. _____________________________ Notary Public, State of Texas : By: Name: Marc Marchand Title: Acting City Manager IN WITNESS WHEROF: STATE OF TEXAS § § COUNTY OF COLLIN § This instrument was acknowledged before me on the ___ day of ________, 2026, by Marc Marchand as representative of the City of Anna. Notary Public, State of Texas [SEAL] Item No. 7.e. City Council Agenda Staff Report Meeting Date: 1/13/2026 Staff Contact: Kaleb Kentner AGENDA ITEM: Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance establishing zoning of 2.4± acres located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow to Local Commercial (C-1) District. (ZONE 25-0004) (Director of Development Services Kaleb Kentner) SUMMARY: At their December 1, 2025 meeting, the Planning & Zoning Commission recommended approval. This Item requires a Public Hearing. Public Hearing Note: At the time and place of the public hearing, all persons who desire will have an opportunity to be heard in opposition to or in favor of the ordinance, application, or other proposed items. FINANCIAL IMPACT: This item has no financial impact. BACKGROUND: Request to annex & zone 2.4 ± acres on the west side of Leonard Avenue, 350± feet south of Gardendale Hollow Lane to Local Commercial (C-1) District. CASE OVERVIEW The applicant is requesting to annex & zone 2.4± acres on the west side of Leonard Avenue, 350± feet south of Gardendale Hollow Lane to Local Commercial (C-1) District. Staff mailed public hearing notices to surrounding property owners in accordance with state law. To date, Staff have not received any responses. Direction Land Use Zoning Comprehensive Plan North School Single-Family Residential - Large Lot (SF-E) School East Single-Family Residential Single-Family Residential - 6.0 (SF- 6.0) Suburban Living South Multifamily ETJ Suburban Living West School Single-Family School Residential - Large Lot (SF-E) COMPATIBILITY CONSIDERATIONS Future Land Use Plan (FLUP): Suburban Living Suburban Living neighborhoods consist predominantly of single-family housing on detached lots. Home sites are in platted subdivisions with connections to public utilities, residential streets and sidewalks, open space, parks and amenities. This PlaceType is found near neighborhood commercial and commercial centers. Suburban living provides the population necessary to support the nearby commercial and professional office uses within the surrounding corridors. Residential uses are typically self-contained with a buffer from non-residential developments through transitional uses and landscaped areas. Lot sizes in Suburban Living are typically less than 1 acre. Master Thoroughfare Plan: Leonard Avenue is identified as a Major Arterial (120') right- of-way. The City acquired the necessary land from this tract in 2023. The adjacent development constructed the two lanes of Leonard Avenue with their development. CONCLUSION The request to zone the property to Local Commercial (C-1) District is in conformance with the Comprehensive Plan. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Unique. ATTACHMENTS: 1. Locator Map 2. Ordinance (Zoning) - McMinimy (ZONE 25-0004) 3. Exhibit A (Legal Description) - McMinimy (ZONE 25-0004) 1 CITY OF ANNA, TEXAS (Property rezoned under this ordinance is generally located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow) ORDINANCE NO. ________________ AN ORDINANCE OF THE CITY OF ANNA, TEXAS AMENDING THE CITY’S COMPREHENSIVE PLAN, ZONING MAP, AND ZONING ORDINANCE AND CHANGING THE ZONING OF CERTAIN PROPERTY AS DESCRIBED HEREIN; PROVIDING FOR SAVINGS, REPEALING AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE; PROVIDING FOR A PENALTY CLAUSE NOT TO EXCEED $2,000 OR THE HIGHEST PENALTY AMOUNT ALLOWED BY LAW, WHICHEVER IS LESS; AND, PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, the City of Anna, Texas (“City”) has previously adopted ordinances, rules and regulations governing the zoning in the City; and WHEREAS, the City Council received an annexation petition and requested to establish zoning on Property described and depicted in Exhibit A (“Property”) attached hereto and incorporated herein for all purposes as if set forth in full; and WHEREAS, said Property generally located on the west side of Leonard Avenue, 189± feet south of Gardendale Hollow, is being zoned to Local Commercial (C-1); and WHEREAS, the Planning and Zoning Commission of the City and the City Council of the City of Anna (“City Council”) have given the requisite notices by publication and otherwise and have held the public hearings as required by law and afforded a full and fair hearing to all property owners and generally to all persons interested in and situated in the affected area and in the vicinity thereof, the City Council has concluded that the Zoning Ordinance of the City should be amended as set forth below. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1. Recitals Incorporated The above recitals are incorporated herein by reference for all purposes. Section 2. Zoning Change The Anna City Code of Ordinances are hereby amended by establishing the zoning of the Property described and depicted in Exhibit A to Local Commercial (C-1). Section 3. Official Zoning Map 2 The official Zoning Map of the City shall be corrected to reflect the change in zoning described herein. Savings, Repealing and Severability Clauses Penalty Publication of the Caption and Effective Date PASSED by the City Council of the City of Anna, Texas this 13th day of January 2026. Being all that certain 2.441 acre tract of land situated in the Granderson Stark Survey, Abstract Number 798, City of Anna, Collin County, Texas, and being a portion of that certain tract of land conveyed to Richard A. McMinimy and wife, Catherine F. McMinimy, by Warranty Deed recorded in Instrument Number 2007020500169410, O2icial Public Records, Collin County, Texas, and being more particularly described as follows: BEGINNING at a 1/2 inch iron rod with red plastic cap stamped "Peiser & Mankin SURV" set for the northeast corner of the herein described tract, same being in the north line of said McMinimy tract, same being the most easterly southeast corner of Lot 1, Block 1, Anna Elementary No. 3, an addition to the City of Anna, Collin County, Texas, according to the plat thereof recorded in Volume 2018, Page 253, O2icial Public Records, Collin County, Texas, same being the northwest corner of that certain right-of-way dedication to City of Anna by General Warranty Deed recorded in Instrument Number 2023000038481, O2icial Public Records, Collin County, Texas, same being in the west right-of-way line of Leonard Avenue (previously known as County Road 422)(a 120 foot right-of-way); THENCE South 00 deg. 29 min. 58 sec. West, through the interior of said McMinimy tract, along the west line of said City of Anna tract, and along the west right-of-way line of said Leonard Avenue, a distance of 326.21 feet to a power pole at the southeast corner of the herein described tract, same being the southwest corner of said City of Anna tract, same being the northeast corner of Lot 1, Block A, Canvas at Anna, an addition to the City of Anna, Collin County, Texas, according to the plat thereof recorded in Volume 2023, Page 976, O2icial Public Records, Collin County, Texas; THENCE North 89 deg. 39 min. 16 sec. West, along the common line of said McMinimy tract and said Lot 1, Block A, a distance of 343.91 feet to a 1/2 inch iron rod found for the southwest corner of said McMinimy tract, same being the most southerly southeast corner of aforesaid Lot 1, Block 1; THENCE along the common line of said McMinimy tract and said Lot 1, Block 1 as follows: North 08 deg. 26 min. 32 sec. East, a distance of 340.17 feet to a 1/2 inch iron rod found for the northwest corner of said McMinimy tract; THENCE South 87 deg. 36 min. 52 sec. East, a distance of 297.06 feet to the POINT OF BEGINNING and containing 106,338 square feet or 2.441 acres of computed land, more or less. OW N E R : CA T H E R I N E F . M c M I N I M Y 30 2 0 C O U N T Y R O A D 4 2 2 AN N A , T X 7 5 4 0 9 30 2 0 C O U N T Y R O A D 4 2 2 CI T Y O F A N N A , T E X A S 7 5 4 0 9 ZO N I N G E X H I B I T EX1 54 8 - 5 0 \ D W G \ Z O N I N G E X H I B I T . d w g De s i g n e d b y : 1" = 3 0 ' JJ V Ch e c k e d b y : Sc a l e : Dr a w n b y : DR S JJ V 11 / 0 5 / 2 0 2 5 Da t e : va s q u e z e n g i n e e r i n g , L. L . C . 19 1 9 S . S h i l o h R o a d Su i t e 4 4 0 , L B 4 4 Ga r l a n d , T e x a s 7 5 0 4 2 Ph : 9 7 2 - 2 7 8 - 2 9 4 8 TX R e g i s t r a t i o n # F - 1 2 2 6 6 TH I S D O C U M E N T I S F O R IN T E R I M R E V I E W A N D I S NO T I N T E N D E D F O R CO N S T R U C T I O N , P E R M I T T I N G OR B I D D I N G P U R P O S E S JU A N J . V A S Q U E Z , P . E . TE X A S N O . 8 5 8 5 2 DA T E D 1 1 / 0 5 / 2 0 2 5 VA S Q U E Z E N G I N E E R I N G , L . L . C . TX R E G . F - 1 2 2 6 6 Being all that certain 2.441 acre tract of land situated in the Granderson Stark Survey, Abstract Number 798, City of Anna, Collin County, Texas, and being a portion of that certain tract of land conveyed to Richard A. McMinimy and wife, Catherine F. McMinimy, by Warranty Deed recorded in Instrument Number 2007020500169410, Official Public Records, Collin County, Texas, and being more particularly described as follows: BEGINNING at a 1/2 inch iron rod with red plastic cap stamped "Peiser & Mankin SURV" set for the northeast corner of the herein described tract, same being in the north line of said McMinimy tract, same being the most easterly southeast corner of Lot 1, Block 1, Anna Elementary No. 3, an addition to the City of Anna, Collin County, Texas, according to the plat thereof recorded in Volume 2018, Page 253, Official Public Records, Collin County, Texas, same being the northwest corner of that certain right-of-way dedication to City of Anna by General Warranty Deed recorded in Instrument Number 2023000038481, Official Public Records, Collin County, Texas, same being in the west right-of-way line of Leonard Avenue (previously known as County Road 422)(a 120 foot right-of-way); THENCE South 00 deg. 29 min. 58 sec. West, through the interior of said McMinimy tract, along the west line of said City of Anna tract, and along the west right-of-way line of said Leonard Avenue, a distance of 326.21 feet to a power pole at the southeast corner of the herein described tract, same being the southwest corner of said City of Anna tract, same being the northeast corner of Lot 1, Block A, Canvas at Anna, an addition to the City of Anna, Collin County, Texas, according to the plat thereof recorded in Volume 2023, Page 976, Official Public Records, Collin County, Texas; THENCE North 89 deg. 39 min. 16 sec. West, along the common line of said McMinimy tract and said Lot 1, Block A, a distance of 343.91 feet to a 1/2 inch iron rod found for the southwest corner of said McMinimy tract, same being the most southerly southeast corner of aforesaid Lot 1, Block 1; THENCE along the common line of said McMinimy tract and said Lot 1, Block 1 as follows: North 08 deg. 26 min. 32 sec. East, a distance of 340.17 feet to a 1/2 inch iron rod found for the northwest corner of said McMinimy tract; THENCE South 87 deg. 36 min. 52 sec. East, a distance of 297.06 feet to the POINT OF BEGINNING and containing 106,338 square feet or 2.441 acres of computed land, more or less.