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03-10-2026 Executive Session & Regular Meeting Packet
AGENDA City Council Executive Session Tuesday, March 10, 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, March 10, 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). 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). 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. 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 03/04/2026. 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, March 10, 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, March 10, 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. a. Introduction of new City Manager Ronda Perez. b. City Manager's Oath of Office 5. Work Session. a. 2050 Parks, Open Space, Trails and Recreation Master Plan (Assistant Director of Community Services Jeff Freeth) 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 February 20, 2026 and February 24, 2026 (City Secretary Carrie Land) b. Approve a Resolution authorizing the City Manager to execute a contract for mowing services with NTSM, LLC. (Assistant Public Works Director, Steven Smith) c. Approve a Resolution of the City of Anna, Texas, determining the costs of certain Authorized Improvements to be financed by the Sherley Tract Public Improvement District No. 2; approving a Preliminary Service Plan and Assessment Plan, including proposed Assessment Rolls; calling a regular meeting and noticing a Public Hearing for March 24, 2026, to consider an Ordinance Levying Assessments on property located within Improvement Area #2, Improvement area #3, and Improvement Area #4 of the Sherley Tract Public Improvement District No. 2; directing the filing of the proposed Assessment Rolls with the City Secretary to make available for public inspection; directing City staff to publish and mail notice of said Public Hearing; approving a Preliminary Limited Offering Memorandum; and resolving other matters incident and related thereto. (Director of Public Works Joseph Cotton) d. Approve a Resolution approving a Preliminary Limited Offering Memorandum for the sale of “City of Anna, Texas Special Assessment Revenue Bonds, Series 2026 (Hurricane Creek Public Improvement District Improvement Area #3 Project)”. (Director of Public Works Joseph Cotton) 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 regarding the creation of Liberty Hills Public Improvement District No. 1 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. 1 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 Public Works Joseph Cotton) 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). 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). 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 03/04/2026. 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. 4.a. City Council Agenda Staff Report Meeting Date: 3/10/2026 Staff Contact: AGENDA ITEM: Introduction of new City Manager Ronda Perez. SUMMARY: FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: Item No. 4.b. City Council Agenda Staff Report Meeting Date: 3/10/2026 Staff Contact: AGENDA ITEM: City Manager's Oath of Office SUMMARY: FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: 1. Oath of Office - City Manager OATH OF OFFICE CITY OF ANNA, TEXAS Ronda Perez State of Texas) County of Collin) Seal __________________________________________ Carrie L. Land, City Secretary Item No. 5.a. City Council Agenda Staff Report Meeting Date: 3/10/2026 Staff Contact: Jeff Freeth AGENDA ITEM: 2050 Parks, Open Space, Trails and Recreation Master Plan (Assistant Director of Community Services Jeff Freeth) SUMMARY: FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: 1. City of Anna PROST Plan DRAFT CITY OF ANNA, TX Parks, Recreation, Open Space, and Trails Master Plan Update DRAFT | March 2026 Placeholder for resolution 2 ACKNOWLEDGMENTS Mayor & City Council Pete Cain, Mayor Kevin Toten, Place 1 Nathan Bryan, Place 2 Stan Carver II, Place 3 Kelly Patterson-Herndon, Place 4 Elden Baker, Place 5 Manny Singh, Place 6 City Staff Marc D. Marchand, Acting City Manager Jeff Freeth, Acting Director of Community Services Dalan Walker, Park Planning and Development Manager Joseph Cotton, Director of Public Works Kaleb Kentner, Director of Development Services Natasha Roach, Interim Director of Economic Development Terri Doby, Director of Finance Lauren Mecke, Planning Manager Parks Board David Colegrove, Place 1 Madeline Madrid, Place 2 Nichole Hunt, Place 2 (former) Alastair Hunte, Place 3 Kennon Weaver, Place 4 Choya Morrison, Place 5 (former) Sheri Sachs, Place 5 Scott Gentry, Place 6 Rachel Sinagra, Place 6 (former) Susan Jones, Place 7 Consultant Team Wilson Kerr, AICP, Project Manager Daniel Harrison, AICP, Senior Advisor Gail Ferry Katalenas, PLA, AICP, ASLA, Senior Parks Planner Karen Chavez, Project Planner Christopher Sison, Project Planner 3 4 TABLE OF CONTENTS INTRODUCTION & COMMUNITY ANALYSIS ...............................................................................6 PARKS & RECREATION INVENTORY .............................................................................................20 NEEDS ASSESSMENT .......................................................................................................................64 RECOMMENDATIONS .....................................................................................................................90 IMPLEMENTATION ..........................................................................................................................108 APPENDI X.........................................................................................................................................119 5 1 INTRODUCTION & COMMUNITY ANALYSIS INTRODUCTION PURPOSE Parks and recreation opportunities are important community amenities that enhance the quality of life for City of Anna (City) neighbors. As the City continues to experience rapid growth, it is increasingly essential to maintain and expand the parks and recreation system to meet the evolving needs of current and future populations. High-quality, well-maintained parks and a diverse range of recreational venues and programs offer meaningful social opportunities for neighbors and visitors. These assets support the community’s physical and mental well-being and reinforce Anna’s identity as a strong and livable city. This Parks, Recreation, Open Space, and Trails (PROST) Master Plan Update (Plan) establishes a strategic framework for developing, maintaining, and programming Anna’s parks and recreation system and builds upon the City’s Comprehensive Plan. This PROST Master Plan: • Identifies the implications of current community demographics and projected population growth as they relate to parks and recreation. • Analyzes the current state of the City’s parks, recreation facilities, open spaces, and trails. • Identifies parks and recreation deficiencies and needs. • Establishes goals, objectives and recommendations for the next five to 10 years. • Prioritizes improvements to the parks and recreation system. • Provides recommendations for additional funding opportunities. City staff, elected and appointed officials, neighbors, and the private developers will use this document as a planning tool to understand local needs and move toward long-term community success. The Plan is intended to support local coordination efforts for Anna alongside Collin County, area school districts, local organizations, and sports leagues. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)8 BENEFITS OF PARKS Access to quality parks and recreation is an integral part of promoting livability in a community, as they provide a wide array of benefits, including: Overall Well-Being • Contact with nature helps improve overall well-being by providing spaces for recreation, relaxation, and connection to nature. • Recreation provides multi-generational opportunities for mental, physical, social, and emotional stimulation. • Parks serve as a third space where neighbors can meet and further strengthen community bonds. Health Benefits • Access to nature and recreation increases physical and psychological health. • Play provides crucial developmental opportunities for children. • Parks provide a place where people can be physically active to reduce stress, which in turn, can improve their mental and physical health. Environmental Benefits • Parkland helps to mitigate climate, air, and water pollution impacts. • Preserved open space protects vital habitat for plants and wildlife. • Parks foster environmental stewardship in neighbors. Economic Benefits • Parkland increases property values. • High-quality parks and recreation can attract new residents and businesses. • Unique park and recreation amenities can encourage tourism and associated economic benefits. Introduction & Community Analysis | CHAPTER 1 9 PLANNING AREA The study area outlined in this Plan encompasses Anna’s city limits and extraterritorial jurisdiction (ETJ), as indicated on the map on the following page. The City of Anna is the primary governmental entity responsible for providing parks and recreation facilities for its neighbors. While the City will largely lead implementation, everyone in the community has a vested interest in seeing parks and recreation improve and succeed. Potential partners on implementation may include other governmental entities, local industry and businesses, and the neighbors of Anna. In 2025, the City of Anna commissioned Freese and Nichols, Inc. to prepare a complete update to its PROST Master Plan. The Plan’s analysis, vision and goals, recommendations, and prioritization were developed to create this overall guiding document for parks and recreation development. The planning process included a variety of public engagement opportunities to allow public input to help shape all elements of the Plan. Engagement opportunities included Parks and Recreation Advisory Board meetings, stakeholder listening sessions, a public workshop, and an in-depth online public survey. Detailed documentation of the public input process can be found in Appendix A. This Plan addresses parks and recreation needs over the next five to 10 years. Recommendations should be periodically re-evaluated to remain responsive to community needs and priorities. In alignment with Texas Parks and Wildlife Department (TPWD) master plan guidelines, the City should formally update the Plan every five years or sooner if significant growth or changes in community needs occur. PLANNING PROCESS & TIME FRAME CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)10 Map 1. Planning Area Anna City Limits Anna ETJ Parks Trails 100 year floodplain Regulatory floodway Streams City Hall Point of Interest Introduction & Community Analysis | CHAPTER 1 11 COMMUNITY CONTEXT BRIEF HISTORY The City of Anna traces its roots to the late 19th century during the extension of the Houston and Texas Central Railway through north-central Collin County. The railway reached the area in 1872, and the community that formed along the line was named Anna. By the time the town was formally platted in 1883, it had a population of about 20, along with a few stores, a steam gristmill, a Baptist church, and a post office. Growth continued steadily, and by 1890 the population had reached between 100 and 200 residents. Anna was officially incorporated in 1913, and John Flavel Greer, who built the town’s first home and store, served as its first mayor. The early economy was closely tied to agriculture and rail transport, with additional rail lines introduced in the early 20th century. Over the decades, Anna remained a small rural community until the late 20th and 21st centuries, when growth from the Dallas-Fort Worth metroplex began extending northward. Map 2. Regional Context REGIONAL CONTEXT Anna is located in northern Collin County, approximately 45 miles north of downtown Dallas, along US 75 and SH 5. It is adjacent to Van Alstyne, Melissa, Westminster, and Weston. Its location within the rapidly expanding Dallas-Fort Worth metroplex has positioned Anna to be one of the fastest-growing cities in the United States. Its strategic location near high-growth communities such as McKinney, Melissa, and Sherman, enhances its regional connectivity. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)12 PREVIOUS PLANNING EFFORTS Anna 2050 Parks, Trails and Open Space Master Plan In 2021, the City initiated a process to update the Anna 2050 Parks, Trails and Open Space Master Plan to obtain and organize input from the community into a comprehensive document that has guided park development and recreational programming over the past four years. The planning effort included a detailed inventory and assessment of existing park conditions, programming, and community needs, including feedback from City staff and neighbors. The plan identified specific recommendations for improvements to the City’s existing parks and facilities and strategic priorities for acquiring new parkland, enhancing recreational facilities, and expanding the trail network. In addition to physical improvements, the plan outlined an operational and organizational framework to support future staffing and resource needs. The strategies from the 2021 plan will inform the PROST Update planning process. While this Plan is technically a five-year update of the 2021 plan, the growth the City has experienced in the last five years has warranted a complete planning evaluation. Some key accomplishments during the last five years include: • New play structure and parking lot at Natural Springs Park. • Design of Bryant Park. • Pecan Grove Trail construction and connection to existing Park Place trail. • Substantial renovations and additions to Slayter Creek Park (e.g., skatepark, shaded fitness court, and splash pad renovation, new restroom, redesigned disc golf course, parking lot expansion, and various new lighted sport courts). • Improvements to Yank Park including, a new lighted half-court basketball court and playground lighting. • Accessible playground, ballfield upgrades and lighting, and parking improvements at Johnson Park. • Feasibility study for a recreation center. • Activation of recreation programming (youth, adults, adult 50+), special events, and adding adaptive programming. • Partnership with Anna ISD for youth sports programs. • Design of Finley Park in Anna Town Square. • Added developer-designed and construction neighborhood parks (Carol Park, John Flavel Greer Park, Hassie Lawrence Morgan Park, and Sherley Farms Park). Anna 2050 Comprehensive Plan Update (2025) In Fall 2024, the City launched an update to the Anna 2050 Comprehensive Plan in response to the rapid growth and change the community has experienced since the last planning effort in 2021. The update refines key land use recommendations and includes an updated Future Land Use Plan. The plan serves as a guiding document for managing growth, shaping development, and ensuring that Anna remains a vibrant community until 2050. Key recommendations that impact parks and recreation include: • Improve existing City-owned parks to better serve residents and support community wellness. • Acquire developable properties based on key service criteria to expand the parks and recreation system. • Consider incorporating standards, where appropriate, to evaluate new private development proposals on their efforts to provide outdoor open space with amenities and community gathering places. • Identify and prioritize sidewalk and trail projects that connect the downtown core, neighborhoods, schools, and nearby amenities. • Establish priorities for citywide facility development. • Establish development incentives for the construction of new recreation facilities. Introduction & Community Analysis | CHAPTER 1 13 0 5,000 10,000 15,000 20,000 25,000 30,000 2000 2005 2010 2015 2020 2024 Po p u l a t i o n Year DEMOGRAPHICS Understanding population growth is essential for planning the future of parks and recreation facilities. As Anna’s population increases, so does the demand for parks, playgrounds, sports fields, walking trails, and other amenities that serve residents of all ages. In recent years, Anna has experienced rapid growth to an estimated population of 29,353 in 2025, an increase of nearly 10,000 people since 2021 (see Figure 1). Although this trend is expected to slow over time, growth will continue to shape the City’s recreational needs. Figure 2 and Figure 3 present the future population projections through 2045 using different Compound Annual Growth Rate (CAGR) scenarios. A high-growth scenario of 5.5% CAGR estimates a population of approximately 86,000 by 2045, while a more moderate 3.5% CAGR projects around 57,300 residents. Linear Growth Rates Year 3.5%4.5%5.5% 2025 28,797 29,075 29,353 2030 34,202 36,233 38,364 2035 40,621 45,153 50,140 2040 48,245 56,268 65,530 2045 57,300 70,121 85,646 Figure 1. Anna Historic Population Growth The 5.5% scenario closely aligns with projections from the Texas Water Development Board. As Anna continues to grow, monitoring these trends will be key to ensuring parks and recreation facilities evolve to meet future demand. For the sake of this Plan, a 10-year projection to a population of 50,140 (5.5% CAGR) will be used when determining parks and recreation needs. Figure 2. Linear Growth Rates* Figure 3. Anna Population Projection Scenarios* 29,353 Year Po p u l a t i o n 0 20,000 40,000 60,000 80,000 100,000 2025 2030 2035 2040 2045 Po p u l a t i o n Compound Annual Growth Rate (CAGR) Scenarios 3.50%4.50%5.50%Source: ACS, 5-Year Estimates *These growth rates were created using a base population of 27,823 from the 2024 ACS-5 Year Estimates, the most up-to-date numbers available during the planning process. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)14 15%10%5%0%5%10%15% 0-5 15-19 20-24 25-59 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85+ Male %Female % 10-14 6-9 Age Distribution Parks and recreation amenities play a vital role in enhancing the quality of life for residents of all ages, offering spaces for physical activity, social interaction, and community building. Facilities such as playgrounds and sports fields are particularly valued by families with young children, while walking trails and open spaces serve a wide range of age groups, making them key multi-generational assets. In the City of Anna, the median age is 32.4 years, slightly younger than the Texas state median, indicating a relatively youthful population. The City’s largest population cohorts are adults, ages 30 to 39. Notably, Anna has a higher-than-average proportion of children under the age of five and, more broadly, a strong presence of youth under age 14 (see Figure 4). As these children grow, it will be essential for the City to plan for their changing recreational needs by providing offerings for teens and young adults. With the City’s rapid population growth and increasing appeal to young families, Anna is likely to continue attracting a younger demographic. At the same time, it is important to maintain a balance by ensuring that amenities also serve adults of all ages and long-time residents. This indicates a need for a highly diverse parks and recreation system that can meet the varying and ever-changing needs of the community. Figure 4. Age Distribution Source: ACS, 5-Year Estimates Introduction & Community Analysis | CHAPTER 1 15 White 73.1% Black or African American 16.2% American Indian and Alaska Native 0.7% Asian 0.9%Some Other Race 2.9% Two or More Races 6.2% ANNA $99,375 COLLIN COUNTY $119,115 TEXAS $76,292 Figure 6. Median Household Income Source: ACS, 5-Year Estimates Race and Ethnicity Despite significant population growth in the last several years, Anna’s racial and ethnic composition has remained relatively consistent over the last decade. White residents make up the largest share of the population at 73.1%, followed by Black or African American residents at 16.2%. Individuals identifying as Hispanic or Latino account for 19.4% of the population. The City should continue to provide programs and events that reflect the cultural and recreational preferences of all community members. Figure 5. Race and Ethnicity Source: ACS, 5-Year Estimates 19.4% Hispanic or Latino* Household Income According to recent data, the median household income in Anna is $99,375, which is slightly lower than the median for Collin County ($119,115) but higher than the state of Texas ($76,292). This indicates that Anna residents generally have a moderate to above-median income compared to the state, but slightly below the regional median. Income is an important consideration when determining the mix of fee-based versus free recreation opportunities offered to the community. *Hispanic or Latino is an ethnicity, not a race. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)16 Educational Attainment The educational attainment levels of Anna’s residents reflect a diverse range of academic backgrounds. The largest group of residents, 24.2%, are high school graduates (including those with equivalency diplomas). A significant portion of the population, 22.0%, have attended some college but have not obtained a degree. Additionally, 12.1% hold an Associate’s degree, while 23.8% have completed a Bachelor’s degree. Graduate or professional degrees are held by 11.3% of the population. These numbers highlight the importance of offering accessible recreational and educational opportunities that meet the needs of all residents, such as after-school programs and educational initiatives. Employment Anna’s workforce is diverse, with the largest sector being educational services, healthcare, and social assistance (26.5%), followed by retail trade (13.4%) and professional services (11.7%). Other notable sectors include wholesale trade, manufacturing, and arts, entertainment, and recreation. This variety underscores the importance of offering flexible, inclusive recreation programs that accommodate residents’ diverse work schedules and interests. Source: ACS, 5-Year Estimates Figure 7. Educational Attainment Introduction & Community Analysis | CHAPTER 1 17 ANNA COMMUNITY SERVICES DEPARTMENT The Community Services Department oversees both recreation services and parks maintenance through its Parks Maintenance and Programs and Events Divisions. The department is staffed by 15 full-time and one part-time staff member, with 11 dedicated to park maintenance. The Programs and Events Division includes a supervisor and two coordinators, each responsible for distinct program areas: recreation, special events, adult, adult 50+ and outdoor programming. Current Program Coordinators also assist in all departmental programs and events, including collaborative efforts with the library. Asst. Director of Community Services Director of Community Services PARKS MAINT. Parks Superintendent Parks Supervisor Irrigation & Chemical Application Technician Parks Maintenance I Athletics Parks Maintenance I (3) PROGRAMS AND EVENTS General Maintenance Parks Maintenance II Parks Maintenance I (3) Special Events Adult and Outdoor Programs Program Coordinator (PT) Athletics Program Coordinator LIBRARY Library Services Mgr. Librarian DEPARTMENT SUPPORT SPECIALIST PARKS PLANNING Parks Planning and Development Manager Programs and Events Supervisor Circulation Supervisor Library AssistantVolunteers COMMUNITY ENHANCEMENT Community Enhancement Coordinator Figure 8. Anna Community Services Organizational Chart Parks maintenance personnel are tasked with the upkeep of all City-owned parks and facilities and support community organizations that provide sports and recreational opportunities for residents. Approximately 25-30% of park maintenance staff’s time is spent on the upkeep of non-parkland areas. While current staffing levels are sufficient to manage existing responsibilities, the department is proposing the addition of new staff to support current and additional programming efforts. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)18 GROWTH AREAS As Anna’s population continues to grow, the demand for housing will rise, necessitating the development of additional residential areas. A coordinated effort to meet housing needs while also providing adequate parks and recreational spaces will be crucial to enhancing quality of life for the Anna community. Figure 9 shows the residential growth areas in the City, including locations where current or future development may include a residential component. While parkland is needed in all residential areas, it is often more easily dedicated and/or developed in areas of new growth. As the City plans for the future of its park system, it is important to locate parks near residential areas. Future parkland acquisitions and development should aim to provide sufficient park resources to serve any underserved neighborhoods. Figure 9. Residential Growth Areas Introduction & Community Analysis | CHAPTER 1 19 2 PARKS & RECREATION INVENTORY INTRODUCTION CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)22 This chapter provides a comprehensive list of existing parks and recreation assets in the City of Anna. The inventory includes City-owned parks and facilities. There are also a variety of privately owned parks (such as those provided by an HOA) and facilities owned by the school district (ISD) that provide recreational benefits to select groups throughout the community. This Plan primarily focuses on the public parks and recreation resources that are available to the whole community. Following an overview of the parks system, a series of 13 park profiles provides more detailed information about each park. At the time of this Plan, there are a variety of parks, trails, and properties proposed for future development. These details will be noted in the applicable parks, but the primary intent of the inventory is to describe a snapshot of the existing parks and recreational system available for community use today. Finally, an overview of recreational programming is provided to highlight existing programs throughout the City. PARKS AND FACILITIES INVENTORY Neighborhood Parks (N) Neighborhood parks are the foundation of a well-balanced park system and provide the daily park experiences for residents. They are designed to be located within walking or biking distance of the surrounding neighborhoods and serve as the social centers for residential districts in an active and passive capacity for a wide variety of age groups. Sherley Heritage Park is a local example of a neighborhood park. Typical Size: 1 to 15 acres Service Area: 1/4 to 1/2 mile radius Characteristics and Considerations: These parks should be located in the center of neighborhoods with good public access. At least one side of the park should front a residential street. Sites should drain properly and be suitable for a variety of uses, such as playgrounds, sports courts, trail access, and areas for family functions. Community Parks (C) Community parks are large and versatile park types developed to serve the broader community. They are intended to meet the recreational needs of several neighborhoods. Park development should protect desirable natural amenities and include active and passive activities for all ages. Natural Springs Park is a local example of a community park. Typical Size: 25 to 300 acres Service Area: 1 to 3 mile radius Characteristics and Considerations: These parks should be adjacent to desirable natural resources and have amenities such as athletic fields, pools, playgrounds, sports courts, picnic areas, and restrooms. Community parks should be connected to citywide trail networks and be conveniently accessed by cars. Park programming should include adequate space for off-street parking. PARK CLASSIFICATIONS Parks and open space systems include a variety of different types of parkland that meet the varying recreational needs in a community. Types vary by size, function, typical amenities, and service area. As the City grows and new park spaces are acquired, an adopted classification system should be used to guide the development of each type of park. Sherley Heritage Park Natural Springs Park Parks & Recreation Inventory | CHAPTER 2 23 Regional Parks (R) Regional parks are the largest type of park in a typical community’s park system. The size varies depending on the purpose and character of the site. Regional parks provide recreational amenities for the entire community and even serve as a hub for surrounding communities. Slayter Creek Park is a local example of a regional park. Typical Size: Varies from 10 acres to several thousand acres Service Area: Up to 50 mile radius, depending on site features and amenities Characteristics and Considerations: These parks can be located almost anywhere in the community. They should be accessible by car and connected to citywide trail networks for locals. Typical amenities include destination playgrounds, athletic courts and fields, trail systems, water activities, unprogrammed open space, and preserved natural areas. Linear Parks (L) Linear parks are typically located alongside linear natural features such as creeks or man-made features like utility easements. They often serve as connectors between multiple parks or points of interest within a city. They also safeguard wildlife routes and ecosystem function, or facilitate floodways and stormwater drainage. Typical Size: Varies based on surrounding environment Service Area: Varies based on amenities Characteristics and Considerations: Linear parks include amenities for walking, jogging, bicycling and hiking. Trails may be paved or natural. At key nodes or trailheads, benches, water fountains, restrooms, and trash cans may be provided. Splash Pad at Slayter Creek Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)24 Special Use Parks (S) Special use parks include a broad range of specialized park and recreation facilities, often with a single major use. Typical examples of special use parks include dog parks, golf courses, skate parks, aquatic facilities, tennis complexes, ballfield complexes, or historic sites. There are no special use parks in Anna because the special use amenities (e.g., skate park) are integrated into other park types. Typical Size: Varies Service Area: Varies Characteristics and Considerations: Special use parks serve varying user groups based on their programming. The location of these parks within the community and amenities will vary based on available land and appropriate adjacent uses. Open Space (OS) Open space typically refers to areas of land that are undeveloped, natural, or minimally developed. These areas may include nature parks, nature reserves, meadows, forests, and other natural landscapes. Geer Park serves as a local example of open space. Typical Size: Varies Service Area: Varies Characteristics and Considerations: The location of open space and accompanying amenities will vary based on available land and appropriate adjacent uses. Parks & Recreation Inventory | CHAPTER 2 25 ANNA PARKS AND FACILITIES The City of Anna currently maintains a diverse array of parks, special-use facilities, and trails designed to serve the recreational needs of its residents and visitors. The system encompasses approximately 256 acres across several developed parks, trails, and recreation facilities, as well as undeveloped City-owned lands and parcels earmarked for future park development. The parks vary in size from 1 to 86 acres and are strategically distributed throughout the City, with a notable concentration along Slayter Creek. The park system includes opportunities for active and passive recreation. Active recreation refers to structured activities that often require significant infrastructure for sports such as baseball, soccer, and football, while passive recreation includes activities like jogging, picnicking, and bird watching that generally do not require specialized equipment. To further augment recreational offerings, the City should explore partnering with the Anna Independent School District (ISD) to utilize facilities on school properties, thereby providing additional space for both active and passive recreation beyond regular school hours. Moreover, opportunities exist to connect many of the City’s parks through an integrated trail network as well as expand park programming into undeveloped parks. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)26 Pa r k M a p L a b e l Park or Facility Name Address Ac.Pa r k C l a s s i f i c a t i o n * Active Recreation Water Recreation Passive Recreation Misc. Di a m o n d F i e l d s St a n d a l o n e B a c k s t o p So c c e r F i e l d Fo o t b a l l F i e l d Mu l t i p u r p o s e P r a c t i c e F i e l d Ba s k e t b a l l C o u r t Te n n i s C o u r t ( # ) Vo l l e y b a l l C o u r t - S a n d Vo l l e y b a l l C o u r t - I n d o o r Pi c k l e b a l l C o u r t Co n c e s s i o n S t a n d Sk a t e P a r k Di s c G o l f C o u r s e Wa l k i n g / B i k i n g T r a i l ( m i l e s ) Fi t n e s s E q u i p m e n t Go l f C o u r s e ( p u b l i c ) Fi s h i n g P i e r Ca n o e / K a y a k L a u n c h Bo a t R a m p Sw i m m i n g P o o l Sp l a s h P a d Do g P a r k Pl a y g r o u n d Ho r s e s h o e P i t s Pi c n i c T a b l e s BB Q G r i l l Pi c n i c S h e l t e r / P a v i l i o n Ou t d o o r E v e n t S p a c e Co m m u n i t y R e c . C e n t e r Re s t r o o m s Pa r k i n g 1 Baldwin Park 1235 Lakeview Dr 9.63 N 0.8 1 Y 1 Y Y 2 Carol Park*1456 Persimmon Dr 15.14 N 2 0.5 1 Y 1 Y 3 Finley Park°1600 E. Finley Blvd 28.36 N 0.5 Y 1 1 Y 1 Y Y 4 Hassie Lawrence Morgan Park*2841 Olympic Dr.20.51 N 1 Y 1 Y Y 5 Henry Clay "Yank" Washington Park 636 Banbury Dr 1.00 N 0.5 1 Y 6 John Flavel Greer Park 1701 W. Rosamond Pkwy 19.80 N 1.1 1 3 Y 3 Y 7 Johnson Park 320 N. Sherley Ave 3.21 N 2 1 Y 1 Y Y 8 Sherley Heritage Park 101 S. Sherley Ave 0.96 N 1 Y 1 Y Y 9 Bryant Park°2501 Bryant Farm Rd 5.29 C Y 0.3 Y 1 Y Y 10 Natural Springs Park 1201 W. White St 26.72 C 1.5 1 1 1 Y 1 Y Y 11 Slayter Creek Park 425 W. Rosamond Pkwy 85.56 R 4 1 2 2 2 9 1 1 3.1 Y 1 1 Y 1 Y 12 Pecan Grove Park*2328 Luscombe Dr 15.28 L 0.5 Y 1 Y 13 Geer Park 505 E. 6th St 24.89 OS 6 1 Y TOTAL 256.34 6 1 6 0 3 3 2 0 0 11 0 1 1 8.25 2 0 1 0 0 0 1 4 11 1 12 0 13 0 0 8 12 ° In Design * Under Construction N = Neighborhood C = Community R = Regional L = Linear OS = Open Space Figure 10. Anna Existing Parks and Facilities Inventory Table Parks & Recreation Inventory | CHAPTER 2 27 Map 3. Anna Existing Parks Map 1 Baldwin Park 2 Carol Park 3 Finley Park 4 Hassie Lawrence Morgan Park 5 Henry Clay "Yank" Washington Park 6 John Flavel Greer Park 7 Johnson Park 8 Slayter Creek Park 9 Sherley Heritage Park 10 Bryant Park 11 Natural Springs Park 12 Pecan Grove Park 13 Geer Park 10 11 8 13 12 3 4 5 6 7 12 9 Anna City Limits Anna ETJ Parks Trails 100-year floodplain Regulatory floodway Streams City Hall Point of Interest CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)28 Map 4. Anna Existing Trails Map Parks & Recreation Inventory | CHAPTER 2 29 BALDWIN PARK Location and Access Baldwin Park, previously known as Lakeview Park, is located within the Lakeview Estates subdivision. Access to the parking lot is available via Lakeview Drive. The park is also accessible via the trails from Natural Springs Park. Existing Conditions Baldwin Park, developed alongside the subdivision, offers several key amenities. It features a playground, gazebo, restrooms, trail connection to Natural Springs Park, and a soil conservation lake with permitted use of non-motorized boats and fishing. The lakeshore floods during storm events and can inundate portions of fence and trails. Opportunities for Improvement • Perform ongoing maintenance and improvements to park restrooms. • Manage and reduce encroachment of lake-related activities onto adjacent private properties. Park Location Park Type Park Size Park Features 1235 Lakeview Drive Playground Gazebo Restrooms Picnic Tables Parking Lot Trail Connection to Natural Springs Park Soil Conservation Lake with Permitted Use of Non-Motorized Boats and Fishing 9.6 Acres Neighborhood Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)30 Aerial View of Baldwin Park Parks & Recreation Inventory | CHAPTER 2 31 CAROL PARK Location and Access The Carol Park site is situated on the southern side of W. White Street, next to established commercial properties. The southern side of W. White Street lacks sidews, limiting pedestrian access. Existing Conditions The existing site is currently undeveloped, but a plan for future development has been created. Carol Park will ultimately include pickleball courts, a dog park, trail, small pavillion, and parking lot. The park improvements will be completed in 2026. Opportunities for Improvement Construction for the park is anticipated to be completed in Fall 2026. The City should implement the development plan shown on the following page to introduce amenities and recreational programming. Opportunities for future improvements could include trail access leading to upcoming residential developments. Park Location Park Type Park Size Proposed Park Features 1456 Persimmon Drive Pickleball Courts Dog Park Trail Parking Lot Small Pavilion 15.1 acres Neighborhood Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)32 BU D D Y H A Y S T T T T S T UN I T A D 2 UN I T B 1 UN I T B 1 UN I T A D 2 SR R ID F ER R C UN I T B 1 A D A UN I T A 1 UN I T A 1 UN I T A 1 UN I T A 1 UN I T A 1 BUILDING 10 FFE 690.50 YH LOC LO C LO C LO C LO C LO C LO C LO C LO C LO C LOC LO C LO C LOC LO C LOC LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LOC LOC LOC LOC LOC LOC LOC LOC LOC LOC LOC LOC LO C LO C LO C LO C LOC LOC LOC LOC LOC LOC LOC LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LOC LOC LOC LO C LOC LO C LOC LO C LOC LOC LOC LOCLOCLOCLOCLOCLOCLOCLOCLOC LOC LO C LO C LO C LO C LO C LO C LO C LO C LO C LOCLOCLOCLOCLOCLOCLOCLOCLOCLOCLOCLOCLOCLOC LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LO C LS HW YI CI CI CI CI JB FH FH 1 L-232 PAVILION M2 6' CHAINLINK FENCE A5 PET WATER FOUNTAIN A3 BENCH M2 6' CHAINLINK GATE A4 PET WASTE STATION SOD SOD SOD AREA TO REMAIN NATURAL M2 10' CHAINLINK FENCE WITH BLACK WINDSCREEN M4 LINE PAINT M5M5 M5M5 M6 M6 M5M5 M5M5 M6 M6 M8 POST+NET M8 POST+NET M3 PAVILIONA1 WASTE RECEPTACLE A2 PICNIC TABLE YARD HYDRANT C1 C1 C1 C1 C1 S1 PLANTING AREA GRAVEL C1 C1 STEPS AREA TO REMAIN NATURAL NATIVE SEEDWITH EROSION BLANKET M2 10' CHAINLINK FENCE WITH BLACK WINDSCREEN M1 LANDSCAPE EDGING M7 M7 LIGHT POST LIGHT POST A1 WASTE RECEPTACLE A4 PET WASTE STATION A5 PET WATER FOUNTAIN A8 DOG HOOP A9 WEAVE POSTS A7 DOG CRAWL A6 DOG RUN CO N S T R U C T E D BY O T H E R S 10' C O N C R E T E W A L K , B Y O T H E R S CONSTRUCTED BY OTHERS 3 L-231 2 L-231 4 L-231 TRANSFORMER, REF. CIVIL POST-TENSIONED CONCRETE SLAB POST-TENSIONED CONCRETE SLAB SOD AREA - REF.PLANTING SHEETS CONSTRUCTED BY OTHERS SOD AREA - REF. PLANTING SHEETS SOD AREA - REF. PLANTING SHEETS SOD AREA - REF.PLANTING SHEETS 1405 W KOENIG LN AUSTIN, TX 78756 artis-atx.com 512.689.0627 NO.DESCRIPTION DATE L-222 IFC SET 03.14.2025 MERYL ST. PARKLAND ANNA, TEXAS PROJ. 3285 1 100% DD 4/26/2024 03.14.2025 KEYMAP - NTS CI CI JB HW YI CI CI JB JB YI CI CI HW HW CICI CI CI CI CI JB JB FH FH FH FH FH LS LS LS LS LS SSMHSSMH SSMH SSMH SSMH SSMH NO . DA T E RE V I S I O N DE S I G N DR A W N DA T E SC A L E NO T E S FIL E NO . (S U B J E C T T O R E V I S I O N P R I O R T O C O N S T R U C T I O N ) IS S U E D F O R P R E L I M I N A R Y P R I C I N G P U R P O S E S O N L Y WA T E R S C R E E K TR A I L I M P R O V E M E N T S CO N S T R U C T I O N D O C U M E N T S CI T Y O F A N N A , C O L L I N C O U N T Y , T E X A S WATERS CREEK - TRAIL IMPROVEMENTS We s t w o o d P r o f e s s i o n a l S e r v i c e s , I n c . we s t w o o d p s . c o m NO T F O R C O N S T R U C T I O N C1 . 1 BE N C H M A R K L I S T TY P I C A L P A V E M E N T S E C T I O N Concept plan for Carol Park Aerial view of Carol Park Parks & Recreation Inventory | CHAPTER 2 33 FINLEY PARK Location and Access The site is located within the Anna Crossing community but will also serve nearby neighborhoods. Construction of the park will begin in Winter 2026. Existing Conditions Surrounded by newly constructed residences, the site remains undeveloped, distinguished by a central expanse of open land framed by mature trees. A plan for future park improvements has been created. Opportunities for Improvement The City should implement the concept plan on the following page to introduce amenities and recreational programming. Proposed elements include a playground, fitness court, dog park, and trail network, while restrooms, shade structures, and trail lighting will enhance comfort and accessibility. Park Location Park Type Park Size 1600 E. Finley Drive 28.36 acres Neighborhood Park Pond Playground Trails Pavilion Arbor Shade Structures Charcoal Grills Fitness Court Disc Golf Pedestrian Bridge Restrooms Parking Lot Dog Park Proposed Park Features CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)34 Concept plan for Finley Park Aerial view of Finley Park Parks & Recreation Inventory | CHAPTER 2 35 HASSIE LAWRENCE MORGAN PARK Location and Access The site is located within the Anna Ranch community. Existing Conditions The site is currently being developed and will soon be surrounded by newly built residences. Construction of the park will be completed Summer of 2026. Opportunities for Improvement • Future park improvements will include a parking lot along E. Foster Crossing, additional trails on the south and east sides of the park and additional irrigated, soccer/multipurpose fields. Park Location Park Type Park Size Proposed Park Features 2841 Olympic Dr. 20.5 acres Neighborhood Park Playground Trails Parking Lot Restrooms Pavilion Soccer Fields Parking Along E. Foster Crossing Additional Trails CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)36 3 8 5 11 6 //// X X EX O H E EX O H E EX O H E EX O H E EX O H E EX O H E //////////////// EX OHE EX OHE EX OHE X //////////////////////////////////////////////////////////// >> X X EX O H E EX O H E EX O H E EX O H E EX O H E EX O H E //////////////////////////////////// X X X X X 3 8 8 692 693694 695 691 691 69 2 69 2 693 69 4 695 696 690 689 690 688 689 688 687 686 687 686 685 684 690 689 688 688 687 686 688 685 688 687 686 685 684 683 682 681 689 690 686 685 684 683 682 681 680 679 678 677 676 675 678 677 676 675674 674 673 675 676 674 675 676 676 675 675676 676675 674 687 674 673 675 676 677678 679 678 678 677 676 675 674 674 680 686687 687 688 688 688 689 690 69069 1 689 691 687 686 689 685 689 690 689 689 688689 687 689 688 689 689 688 687 GARDENDALE HOLLOW LANE 312315 7 37 302214 6 36X 292113 5 41X 282012 4 35271911 3 34261810 1 332517 9 2 40X 39X EEEF F D D E E A E E E E 36X E 38X E OL Y M P I C D R I V E EAST FOSTER CROSSING ROAD 3 2 1 9 15 12 13 14 4 1 10 11 6 5 3 2 8 7 15 123 AMENITY CENTER LOT 17 322416 8 .HIO OD JSTE C C CT TE SAET STA I REG 3 OF 28 ETX N RLDRECAANDS L EPAHSON Y 3 April 08, 2025 N BEING 20.507 ACRESSITUATED IN THE DAVID E.W. BABB SURVEY, ABSTRACT NO. 33G. STARK SURVEY ABSTRACT NO. 798 IN THECITY OF ANNA, COLLIN COUNTY, TEXAS OVERALL SITE PLAN THE PARKS AT FOSTER CROSSING PHASE I BLOCK E, LOT 36X Preparation: April 08, 2025 JOHNSON VOLK CONSULTING 704 CENTRAL PARKWAY, SUITE 1200 PLANO, TEXAS 75074 PH.(972) 201-3100 CONTACT: CODY JOHNSON, RLA, ASLA, LI LANDSCAPE ARCHITECT: MERITAGE HOMES OF TEXAS, LLC 8840 CYPRESS WATERS BOULEVARD SUITE 100 COPPELL, TEXAS 75019 PH. (919) 219-8635 CONTACT: STEVEN COOK OWNER / DEVELOPER: SP2 LOT 36X, BLOCK E SITE INFORMATION HANDICAP PARKING IS PROVIDED IN ACCORDANCEWITH ADA STANDARDS TOTAL IMPERVIOUS SURFACE:55,022.00 SF, 6.15%INTERIOR LANDSCAPE REQUIRED: (893,284.92 X 10%)= 89,328.49 SFINTERIOR LANDSCAPE PROVIDED: 593,287 SF SITE DATA SUMMARY TABLE GENERAL SITE DATA (LOT 36X, BLOCK E) PARKING PARKING RATIO (FROM ZONING ORDINANCE)MINIMUM 35 SPACES PERSUBDIVISION REGULATIONS REQUIRED PARKING (# SPACES)35 REQUIRED PROVIDED PARKING SPACES (# SPACES)35 ACCESSIBLE PARKING PROVIDED (# SPACES)2 PROVIDED LANDSCAPE AREA (INCLUDINGTURF AREAS) REQUIRED INTERNAL LANDSCAPE AREA(SQUARE FEET - 8 SQUARE FEET PER PARKINGSPACE)280 S.F. REQUIRED ADDITIONAL INTERIOR LANDSCAPE AREAPROVIDED (SQUARE FEET)593,007 TOTAL LANDSCAPE AREA (SQUARE FEET)593,287 SITE PLAN NOTES: · ·NO PROTECTED TREES EXIST ON DEVELOPMENT SITE.·LIGHTING FOR THE SUBJECT PROPERTY SHALL BECONSTRUCTED IN CONFORMANCE WITH THE CITY OFANNA CODE OF ORDINANCES.·FOR ALL BARRIER FREE RAMPS NOTED ON PLAN, REFERENCE THE CITY OF ANNA STANDARDCONSTRUCTION DETAILS.·ALL SIDEWALKS IN FRONT OF HEAD-IN PARKING SHALLBE 6'-0" WIDTH. N0 0 ° 1 3 ' 1 1 " W 4 6 5 . 4 7 ' N89°46'49"E 941.65' N0 0 ° 1 3 ' 4 7 " W 7 6 . 0 1 ' N0 0 ° 1 3 ' 1 1 " W 1 5 7 . 1 7 ' N89°46'49"E 355.97' N0 0 ° 1 3 ' 1 1 " W 3 5 0 . 0 0 ' S0 1 ° 3 4 ' 4 0 " W 3 0 4 . 7 2 ' S0 1 ° 3 4 ' 4 0 " W 1 5 5 . 2 9 ' S89°46'58"W 173.82' N89°46'49"E 16.72' S89°46'58"W 184.46' N0 1 ° 3 4 ' 4 0 " E 1 0 0 . 0 0 ' N0 1 ° 3 4 ' 4 0 " E 1 0 0 . 0 0 ' N0 1 ° 3 4 ' 4 0 " E 1 4 1 . 7 0 ' S88°25'20"E 70.00' S88°25'20"E 70.00' S88°25'20"E 214.47' N89°29'43"W 353.65'S89°29'43"E 110.00'S0 0 ° 3 0 ' 1 7 " W 1 2 0 . 0 0 ' S0 0 ° 3 0 ' 1 7 " W 1 2 0 . 0 0 ' N89°29'43"W 561.20'N89°29'43"W 295.15' N0 0 ° 1 3 ' 1 1 " W 1 0 4 . 0 0 ' N89°46'49"E 120.00'N00°13'11"W 46.00' N00°30'17"E 40.00' N89°46'49"E 130.90' PROPOSED CONCRETE PARKING LOT. 35 PARKING STALLS PROVIDED. PROPOSED FUTURECONCRETE PARKING LOT. PROPOSEDPLAYGROUNDFACILITY PROPOSED RESTROOM FACILITY FFE 689.16 24' FIRELANE, TYP. 10'-0" WIDTH CONCRETE TRAILPER CITY STANDARDS. REFER TOCIVIL PLANS FOR DETAILS, TYP. 10'-0" WIDTH CONCRETETRAIL PER CITYSTANDARDS. REFER TOCIVIL PLANS FORDETAILS, TYP. 5'-0" BUILDING LINE, TYP. BL O C K E , TH E P A R K S A T F O S T E R CR O S S I N G P H A S E 1 BL O C K D , TH E P A R K S A T F O S T E R CR O S S I N G P H A S E 1 BLOCK E,THE PARKS AT FOSTER CROSSING PHASE 1 N00°30'17"E 80.59' S67°10'46"E 216.79' S26°19'36"E 82.25' N89°46'49"E 172.95'N74°43'54"E 1 2 5 . 6 3 ' N00°30'17"E 107.65' 5'-0" BUILDING LINE, TYP. 25'-0" BUILDING LINE,TYP. 25'-0" BUILDING LINE,TYP. 25'-0" BUILDING LINE,TYP. 25'-0" BUILDING LINE, TYP. BLOCK F,THE PARKS AT FOSTERCROSSING PHASE 1 20'-0" LANDSCAPE BUFFER, TYP. 20'-0" LANDSCAPEBUFFER, TYP. 20'-0" LANDSCAPEBUFFER, TYP.20'-0" LANDSCAPEBUFFER, TYP. 5'-0" BUILDING LINE,TYP. PROPOSED FUTURE 10'-0"WIDTH CONCRETE TRAIL, TYP. PROPOSED U20SOCCER FACILITY225' x 360' PROPOSED FUTURESOCCER FACILITY LANDSCAPE AREA.REFER TO LANDSCAPEPLANS, TYP. Concept plan for Hassie Lawrence Morgan Park Aerial view of Hassie Lawrence Morgan Park Parks & Recreation Inventory | CHAPTER 2 37 HENRY CLAY “YANK” WASHINGTON PARK Location and Access Henry Clay “Yank” Washington Park, previously known as West Crossing Park, is located along Banbury Drive within the residential West Crossing subdivision. On-street parking is available along Banbury Drive. Existing Conditions Henry Clay “Yank” Washington Park, constructed by the developer of the subdivision, offers several key amenities. It features a playground, a half-court basketball area, and portions of the Slayter Creek Disc Golf Course, which extends along the park’s eastern side. In 2024, a drinking fountain and benches were added, enhancing its accessibility. The facilities remain in excellent condition, and despite a large drainage channel running along the north and eastern edges, the park has no significant flooding issues. Opportunities for Improvement • Maintain playground by replenishing safety surfacing. • Provide signage to clearly communicate park rules and regulations. • Construct a parking lot to enhance site accessibility. • Install restroom facilities to support park users. Park Location Park Type Park Size Park Features 636 Banbury Drive Playground Half-Court Basketball Court Trail1 acre Neighborhood Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)38 Aerial view of Henry Clay "Yank" Washington Park Parks & Recreation Inventory | CHAPTER 2 39 JOHN FLAVEL GREER PARK Location and Access John Flavel Greer Park, situated within the woods at Lindsey Place residential community and approximately half a mile west of Anna High School, is bisected by Rosamond Parkway. Dedicated parking is available on Mossy Lake Lane for the northern portion and on Rosamond Parkway for the southern portion. Existing Conditions Designed in collaboration with the developer of the Woods at Lindsey Place, this park features a dog park, playgrounds, pavilions, and trails, all while preserving the site’s mature trees. Opportunities for Improvement • As a new park, facilities at Greer Park are in good condition. Opportunities for future improvements could include restrooms and trail connections leading to upcoming residential developments and to Slayter Creek Trail.Park Location Park Type Park Size Park Features 1701 W. Rosamond Parkway 19.8 acres Neighborhood Park Playgrounds Dog Park Trail Drinking Fountain Parking Lot Mature Trees Pavilions Picnic Tables Open Lawn CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)40 Th e W o o d s a t L i n d s e y P l a c e An n a , T e x a s HO E 3 1 9 Oc t o b e r 3 , 2 0 2 3 0 SC A L E : 1 ” = 8 0 ’ - 0 ” 40 80 16 0 N PA R K M A S T E R P L A N ROSAM O N D P K W Y FE R G U S O N P K W Y HO A OP E N S P A C E HO A OP E N SP A C E OP E N L A W N 8 9 2 6 5 6 6 6 6 6 12 12 13 13 13 13 13 13 1313 13 13 12 12 12 6 7 7 11 11 3 3 3 1 2 6 7 7 10 10 4 4 4 4 2 4 3 1 1 DO G P A R K ±7 . 5 A C R E FO R E S T P A R K 12 . 3 2 A C R E LE G E N D SH E L T E R / S H A D E S T R U C T U R E PL A Y G R O U N D PI C N I C A R E A SE A T I N G A R E A / S E A T W A L L SE C L U D E D S E A T I N G A R E A 8’ C O N C R E T E T R A I L 6’ C O N C R E T E P A V I N G SM A L L B R E E D D O G P A R K LA R G E B R E E D D O G P A R K PA R K E N T R Y S I G N PA R K I N G ( 7 0 S P A C E S ) UN D E R B R U S H T O E N H A N C E V I E W UN D I S T U R B E D W O O D E D A R E A 1 2 6 7 8 9 10 11435 12 13 PL A Y G R O U N D TE N S I L E F A B R I C S T R U C T U R E SH E L T E R / S H A D E S T R U C T U R E SE A T I N G A T P L A Y G R O U N D ST O N E B O U L D E R S E A T I N G PI C N I C A R E A S DO G P A R K W I T H T O Y S SE C L U D E D S E A T I N G A R E A Aerial view of John Flavel Greer Park Concept plan for John Flavel Greer Park Parks & Recreation Inventory | CHAPTER 2 41 JOHNSON PARK Location and Access Nestled just east of Sherley Avenue at 1st Street, Johnson Park lies less than a quarter-mile north of Anna's downtown core. Access to the parking lot is available via Sherley Avenue. Existing Conditions Johnson Park is a small neighborhood park that features the only fully accessible playground in the City, two ballfields, and a pavilion/restroom building. Drainage issues occur along the outfield fence lines. Due to the park’s location along a tight curve along Sherley Avenue, a guardrail was installed to shield the playground from vehicles that could veer off the road. Opportunities for Improvement • Pave and enlarge the parking lot. • Establish trail connections linking to downtown and surrounding parks. • Replace park benches. • Install concrete pads adjacent to benches for wheelchair accessibility. Park Location Park Type Park Size Park Features 320 N. Sherley Avenue 2 lighted Baseball Fields All-Inclusive Playground Pavilion Restrooms Parking Lot 3.2 acres Neighborhood Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)42 Aerial view of Johnson Park Parks & Recreation Inventory | CHAPTER 2 43 SHERLEY HERITAGE PARK Location and Access Located at the corner of Sherley Avenue and 4th Street, Sherley Heritage Park is situated toward the eastern end of the downtown core and northeast of City Hall. Parking stalls are available on the northern end of the park along 4th Street. There are no sidewalks providing access to the downtown core or the surrounding neighborhoods. Existing Conditions Anna’s most historic park, Sherley Heritage Park, celebrates Anna’s location along the rail line with a train-themed playground, a newly restored train depot, and a Mogul locomotive. The park is heavily used by residents for a variety of events. The southern portion of the park contains a prominent water tower and several utility structures, which are enclosed by a fence and separated from the park's primary recreational areas. Opportunities for Improvement • Clear the wooden fence and water utility structures from the park’s southern edge to allow for expansion up to 5th Street. • Prepare a new master plan to guide development of the expanded park area. • Implement ADA upgrades across the site, with a focus on the parking lot, restrooms, depot building, and benches. • Provide additional parking spaces. • Provide sidewalks to improve pedestrian access. • Consider an area within the future expanded park for a farmers market. Park Location Park Type Park Size Park Features 101 S. Sherley Avenue Pavilion Train-Themed Playground Restored Train Depot Restrooms Historic Mogul Locomotive Parking Fire Pit Collin McKinney Statue 0.96 acres Neighborhood Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)44 Aerial view of Sherley Heritage Park Parks & Recreation Inventory | CHAPTER 2 45 BRYANT PARK Location and Access Bryant Park is situated on the north side of CR 371, directly south of Joe K. Bryant Elementary School. Access to both the park and the school is exclusively provided via Bryant Farm Road. Sidewalk connections from surrounding neighborhoods are not present. Existing Conditions Bryant Park serves as a designated soccer practice facility. It includes multiple goals to support various field configurations and is enclosed by a chain-link fence around its perimeter. The fields are impacted by a range of site conditions, including poor soil, insufficient irrigation, uneven turf, and surface disruptions caused by burrowing rodents. In addition, the northern portion of the site is subject to poor drainage. Opportunities for Improvement • Install ADA-compliant parking facilities. • Address the site’s drainage issues and explore creative stormwater management solutions such as integrating a rain garden. • Enhance the condition and usability of the fields. • Implement a new irrigation system. Park Location Park Type Park Size Park Features 2501 Bryant Farm Road Soccer Practice Fields 5.3 acres Community Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)46 Aerial view of Bryant Park Parks & Recreation Inventory | CHAPTER 2 47 NATURAL SPRINGS PARK Location and Access Natural Springs Park is located just south of W. White Street (FM 454), behind Brookshire’s grocery store, with parking lot access provided through a shared driveway with neighboring commercial properties. The park's trail network extends southward, providing a direct connection to Baldwin Park. Existing Conditions Natural Springs Park features an open lawn ideal for passive recreation, along with walking trails, a gazebo, and a man-made pond equipped with a fishing pier. Notable attractions include the treehouse-themed playground and Paw Park - an enclosed off-leash area designed for dogs to enjoy freely. Portions of the dog park need to be regraded to address drainage issues. South of the primary recreational areas, the creek banks exhibit visible signs of erosion. Opportunities for Improvement • Mitigate erosion along the creek banks. • Improve drainage within Paw Park. • Expand the Paw Park for increased capacity. • Resolve algae buildup in the pond. • Carry out ADA and accessibility enhancements throughout the site. Park Location Park Type Park Size Park Features 1201 W. White Street Playground Walking Trails Gazebo Pond and Fishing Pier Restrooms Open Lawn Dog Park 26.7 acres Community Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)48 Aerial view of Natural Springs Park Parks & Recreation Inventory | CHAPTER 2 49 SLAYTER CREEK PARK Location and Access Slayter Creek Park is located on Rosamond Parkway, east of Anna High School and directly adjacent to the new Anna ISD administration building. Parking is provided at the park entrance along Rosamond Parkway, with an additional lot situated to the south and directly adjacent to the baseball field four-plex. Existing Conditions Slayter Creek Park is an expansive athletic facility comprising numerous sports fields and courts, as well as amenities including a playground, skatepark, disc golf course, splash pad, and pedestrian trails. There are security concerns involving vandalism in the restrooms that must be addressed. In addition, there are drainage issues at multiple locations including the baseball fields. where stormwater flows toward the concession stand, and south of the pickleball courts. Opportunities for Improvement • Evaluate and implement measures to enhance restroom security and mitigate vandalism. • Address poor drainage of the site including flooding concerns in the vicinity of the maintenance shed, pickleball courts, and ball fields. • Assess the existing irrigation system and consider consolidating to one central controller. • Evaluate slope stabilization strategies for the creek and a drainage channel. Park Location Park Type Park Size Park Features 425 W. Rosamond Parkway 18-Hole Disc Golf Course Four Lighted Ball Fields Lighted Multipurpose Fields Tennis Courts Basketball Courts Pickleball Courts Large Pavilion Playground Skatepark with Pump Track Walking Trail Splash Pad Restrooms Fitness Court Parking Lots 85.6 acres Regional Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)50 Aerial view of Slayter Creek Park Parks & Recreation Inventory | CHAPTER 2 51 PECAN GROVE PARK Location and Access Pecan Grove Park is located within the Pecan Grove residential community and runs adjacent to Slayter Creek. The trail begins at its southern entrance on Luscombe Lane and ends at Leslie Drive to the north, where it connects to the Park Place residential community via a pedestrian bridge over Slayter Creek. Existing Conditions As an undeveloped open space located within the 100-year floodplain, Pecan Grove Park's primary feature is the trail that connects the cul-de-sacs at each end of Pecan Grove Park, crossing Slayter Creek to link with the existing trail in the Park Place development. This project is a key part of Anna’s trail system expansion. Opportunities for Improvement • Expand coverage of the irrigation system across the park. • Identify locations along the trail suitable for wildflower planting areas to add seasonal interest and ecological value. Park Location Park Size Park Features 2328 Luscombe Drive Open Space 10' Walking Trail Pedestrian Bridge Parking Lot15.3 acres Park Type Linear Park CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)52 Aerial view of Pecan Grove Park Parks & Recreation Inventory | CHAPTER 2 53 GEER PARK Location and Access Geer Park is located just east of the intersection of Sixth and Smith Streets. Existing Conditions Geer Park is currently an undeveloped parcel that provides temporary multipurpose practice fields for soccer, baseball, and softball. Opportunities for Improvement • Develop a master plan to define and formalize the site’s amenities and recreational programming. Park Location Park Type Park Size Park Features 505 E. Sixth Street Multipurpose Practice Fields Soccer Goals Bleachers Temporary Parking 24.89 acres Open Space CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)54 Aerial view of Geer Park Parks & Recreation Inventory | CHAPTER 2 55 ANNA RECREATIONAL PROGRAMMING The City of Anna is committed to ensuring that everyone in the community has access to fun, enjoyable, and healthy recreational activities. The City offers various seasonal and year-round recreational programs, events, and sports leagues for the community. The majority of recreational programming has been geared towards children, specifically through the offering of sports and camps. There exist opportunities to expand recreational programming geared toward adults. Figure 11 lists recreation programming available to the Anna community. The City should regularly review its list of programs and make changes as needed based on demographics, level of attendance/usage, funding, and similar programs offered by other entities in the community. Program Name Age Group Location Season Fee Estimated Annual Attendance Adaptive Participants Age 12 and under Age 13 to 18 Adults Adults 50+2021 2022 2023 2024 2025 2024 2025 Kids Leagues Adaptive Soccer - Soccer Stars McKinney X Slayter Creek Park Ball Fields Summer/Fall Fee-Based 1 All 4 All Studio Art Camps X X Caspian eQuest Summer Fee-Based 6 8 Art 4 All Studio Art Lessons X X Caspian eQuest Summer/Winter Fee-Based 0 0 AYSES Soccer Club X Slayter Creek Park Ball Fields Summer Fee-Based 13 Basketball Skills & Games X Slayter Creek Park Sports Courts Summer Fee-Based 5 Disc Golf with Nolan Grider X Slayter Creek Park Summer Fee-Based 0 Dodgeball & Agility Games X Slayter Creek Park Ball Fields Summer Fee-Based 0 Fall Co-ed Soccer League (4U)X Slayter Creek Park Multipurpose Fields Fall Fee-Based 50 62 107 108 Fall Co-ed Soccer League (6U)X Slayter Creek Park Multipurpose Fields Fall Fee-Based 33 48 80 113 Fall Co-ed Soccer League (8U)X Slayter Creek Park Multipurpose Fields Fall Fee-Based 0 0 40 60 61 Fall Co-ed Soccer League (10U)X Slayter Creek Park Multipurpose Fields Fall Fee-Based 0 0 0 48 48 Fall Co-ed Soccer League (12U)X Slayter Creek Park Multipurpose Fields Fall Fee-Based 0 0 0 0 10 Figure 11. Recreation Programs Table CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)56 Program Name Age Group Location Season Fee Estimated Annual Attendance Adaptive Participants Age 12 and under Age 13 to 18 Adults Adults 50+2021 2022 2023 2024 2025 2024 2025 Flag Football & QB Skills X Slayter Creek Park Ball Fields Summer Fee-Based 0 Health Training X X City Hall Summer Fee-Based 7 Homeschool Soccer X Slayter Creek Park Ball Fields Spring Fee-Based 6 Kids and Teens Pickleball X X Slayter Creek Park Sports Courts Summer/Fall Fee-Based 12 Kids Art Camp X City Council Chambers & Sherley Heritage Park Spring Fee-Based 3 7 Multi-sport Camp X Slayter Creek Park Ball Fields Spring Fee-Based 1 Parent and Me Soccer X Slayter Creek Park Multipurpose Fields Spring/Summer/Fall Fee-Based 12 Run, Jump, And Throw w/ Runner2runner X X Slayter Creek Park Ball Fields Summer Fee-Based 0 Skyhawk Soccer and Mini-hawk Soccer Clinics X Slayter Creek Park Ball Fields Summer Fee-Based 6 3 Skyhawks Baseball Clinics X Slayter Creek Park Ball Fields Summer/Fall Fee-Based 15 5 Skyhawks Basketball X Slayter Creek Park Sports Courts Summer/Fall Fee-Based 13 4 Skyhawks Sports Camps X Slayter Creek Park Ball Fields Summer Fee-Based 8 Skyhawks T-ball Clinics X Slayter Creek Park Ball Fields Summer/Fall Fee-Based 0 Soccer Skills & Game X Slayter Creek Park Ball Fields Summer Fee-Based 0 Soccer Skills and Drills - Soccer Stars McKinney X Slayter Creek Park Ball Fields Summer/Fall Fee-Based 10 Spring Youth Baseball (8U)X Slayter Creek Park Ball Fields Spring Fee-Based 0 0 49 52 52 Spring Youth Baseball (10U)X Slayter Creek Park Ball Fields Spring Fee-Based 0 0 45 48 43 Spring Youth Baseball (12U)X Slayter Creek Park Ball Fields Spring Fee-Based 0 0 29 26 24 Spring Youth Softball (8U)X Slayter Creek Park Ball Fields Spring Fee-Based 0 0 33 13 13 Spring Youth Softball (10U)X Slayter Creek Park Ball Fields Spring Fee-Based 0 0 25 0 12 Spring Youth Softball (12U)X Slayter Creek Park Ball Fields Spring Fee-Based 0 0 15 13 10 Parks & Recreation Inventory | CHAPTER 2 57 Program Name Age Group Location Season Fee Estimated Annual Attendance Adaptive Participants Age 12 and under Age 13 to 18 Adults Adults 50+2021 2022 2023 2024 2025 2024 2025 Spring Youth T-ball (4U)X Slayter Creek Park Ball Fields Spring Fee-Based 0 0 85 77 77 Spring Youth T-ball (6U)X Slayter Creek Park Ball Fields Spring Fee-Based 0 0 76 77 77 Successful Students & Athletes Camps X Slayter Creek Park Ball Fields Summer Fee-Based 0 Teen Art Camp X City Council Chambers & Sherley Heritage Park Spring Fee-Based 0 0 Teen Easter X Slayter Creek Park Spring Free 3 47 97 60 Teen Game Night X City Hall Spring Free 12 Teen Program (Gaming Party)X Slayter Creek Park Summer Fee-Based 6 Tennis X X Slayter Creek Park Sports Courts Spring/Summer/Fall Fee-Based 0 0 0 31 Tennis Camp X Slayter Creek Park Sports Courts Summer/Fall Fee-Based 0 0 1 Youth Activities Campfire Teen S'Mores Night X Sherley Heritage Park Winter Fee-Based 2 5 Cheer Prep (K-2nd) & (3rd-5th)X Slayter Creek Park Summer Fee-Based 0 Crayola Experience X Anna High School Makerspace (CTE West Entrance)Summer Free 150 Friday Fun Day X Sherley Heritage Park Fall Fee-Based 0 Mommy & Me Yoga X Natural Springs Park Summer Fee-Based 0 Recreation School Holidays X Slayter Creek Park Fall Fee-Based 0 Storybook Saturday X Slayter Creek Park Summer/Fall Free 18 Summer Dance X Slayter Creek Park Summer Fee-Based 0 Train Depot Day X X Sherley Heritage Park Summer Free 27 Teen Blacklight Paint Party X City Hall/Sherley Heritage Summer Fee-Based 9 6 Teen Blacklight Pumpkin Paint Party X Sherley Heritage Park Fall Fee-Based 1 Youth - Painting X Sherley Heritage Park Summer Fee-Based 0 Spring Break Camps X X Sherley Heritage Park Spring Fee-Based 3 7 3 Summer Art Camps X Sherley Heritage Park Summer Fee-Based 12 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)58 Program Name Age Group Location Season Fee Estimated Annual Attendance Adaptive Participants Age 12 and under Age 13 to 18 Adults Adults 50+2021 2022 2023 2024 2025 2024 2025 Youth Sports Archery - Beginner/Advanced X Slayter Creek Park Ball Fields Spring/Fall Fee-Based 32 18 7 E-Sports by GG Leagues X X Online Fall Fee-Based 1 Run Jump Throw X X Slayter Creek Park Ball Fields Fall Fee-Based 0 Festivals & Events 12 Days of Anna Christmas Tree Lighting X X X X City Hall & Sherley Heritage Park Fall/Winter Fee-Based for Vendors 2,500 2,500 3,000 1,500 Annafest/Harvest Festival X X X X City Hall Fall Fee-Based for Vendors 900 1,200 2,500 3,000 3,000 Boots & Booms X X X X Slayter Creek Park Summer Fee-Based for Vendors 3,900 5,000 7,400 6,400 7,500 Easter Eggstravaganza X X X X Slayter Creek Park Spring Fee-Based for Vendors 2,800 2,800 3,000 3,500 4,000 125 70 Juneteenth X X X X Slayter Creek Park Summer Free 250 200 250 300 275 Movie Nights X X X X Various Parks Year Round Free 10 103 Music in the Park Series X X X X Slayter Creek Park Summer Free 26 5 Splash Bash X X X X Slayter Creek Park Summer Free 250 300 Touch-a-Truck X X X X Slayter Creek Park Spring Fee-Based for Vendors 1,000 1,000 1,200 1,500 1,600 Adult Classes Adult Blacklight Paint Night X X City Hall Summer Fee-Based 4 Adult Evening Hike X X Baldwin Park Summer 2023 Fee-Based 0 Art 4 All Studio for Adults - Pottery X X Caspian eQuest Spring/Winter Fee-Based 1 Art 4 All Studio for Adults - Tapestry X X Caspian eQuest Spring/Winter Fee-Based 0 Art 4 All Studio for Adults - Weaving X X Caspian eQuest Spring/Winter Fee-Based 0 Decades Trivia Night X X City Hall Winter Fee-Based 14 Family DIY Christmas Sweater X X X X City Hall Fall Fee-Based 0 Faux Calligraphy and Brush Pens X X City Hall Winter Fee-Based 3 Game Night - Are you Smarter than a Fifth Grader X X City Hall Summer Fee-Based 15 Gentle Flow - Yoga X X Natural Springs Park Summer Fee-Based 0 Parks & Recreation Inventory | CHAPTER 2 59 Program Name Age Group Location Season Fee Estimated Annual Attendance Adaptive Participants Age 12 and under Age 13 to 18 Adults Adults 50+2021 2022 2023 2024 2025 2024 2025 Holiday Wreath Making X X City Hall Fall Fee-Based 9 National Pickleball Day Celebration X X Slayter Creek Park Summer Free 7 Paint Night X X City Hall Year Round Fee-Based 10 13 29 6 Painting X X City Hall Summer Fee-Based 0 Restorative Yoga X X Natural Springs Park Summer Fee-Based 0 Restorative Yoga X X Natural Springs Park Summer Fee-Based 0 Speed Puzzling X X City Hall Fall Fee-Based 35 Tennis - Adult X X Slayter Creek Park Sports Courts Summer Fee-Based 0 Valentines Beginner Hoop Art and Simple Embroidery X X City Hall Winter Fee-Based 0 Women's Self-Defense Classes X X Offsite Spring/Fall Free 7 17 Zumba X X Slayter Creek Park Summer Fee-Based 0 Adult Leagues Adult Cornhole X 3 Nations Brewing Spring Fee-Based 19 Adult Cornhole Tournaments X Slayter Creek Park Spring/Summer Fee-Based 0 Adult Kan Jam League X Slayter Creek Park Ball Fields Summer Fee-Based 0 Adult Softball X Slayter Creek Park Ball Fields Summer/Fall Fee-Based 265 455 319 465 Adult Spikeball League X Slayter Creek Park Ball Fields Summer Fee-Based 0 Adult Tennis X Slayter Creek Park Ball Fields Fall Fee-Based 0 Disc Golf with Nolan Grider X Slayter Creek Park Summer Fee-Based 0 E-sports X On-line Summer/Fall/Winter Fee-Based 5 Recreation Programs An Evening with Moths X X X X Natural Springs Park Fall/Winter Free 18 Anna Celebrates Everyday X X Slayter Creek Park Summer 66 Army Games X Slayter Creek Park Summer Fee-Based 5 Caspian eQuest Horseback Riding X X Offsite Summer Fee-Based 1 0 Dog Training - Ears Up K9 Training X Slayter Creek Park Year Round Fee-Based 0 12 Explore Archery X X Slayter Creek Park Ball Fields Summer Fee-Based 3 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)60 Program Name Age Group Location Season Fee Estimated Annual Attendance Adaptive Participants Age 12 and under Age 13 to 18 Adults Adults 50+2021 2022 2023 2024 2025 2024 2025 Family Hikes X X X X Various Parks Summer Free 42 Fitness at the Park X X Slayter Creek Park Spring/Summer/Fall Free 132 162 Fri-Yay Drop-in Craft X City Hall Spring/Fall/Winter Free 184 59 45 Goat Yoga X X Slayter Creek Park Fall Fee-Based 13 Health Training X X X City Hall Summer Fee-Based 8 HIIT with Sagan X Slayter Creek Park Spring Fee-Based 0 Intro to Pickleball Clinics X X X Slayter Creek Park Sports Courts Spring/Summer/Fall Free 95 Jump Start Sports Clinics X Slayter Creek Park Ball Fields Winter Fee-Based 12 Nature Walks X X X X Various Parks Year Round Free 29 115 94 Pickleball Clinics X Slayter Creek Sports Courts Winter Free 2 Pickleball Paddle Battle X Slayter Creek Sports Courts Summer/Fall Free 53 Pound Fitness X X Slayter Creek Park Fall Fee-Based 1 4 Running Club X X Slayter Creek Park Summer Free 12 Shining Stars X Slayter Creek Park Ball Fields Spring/Summer/Fall Fee-Based 1 0 Storybook Saturday X Slayter Creek Park Year Round Free 145 Studio Art Lessons X X X X Caspian eQuest Fall Fee-Based 4 Teens and Adults Introduction to Pickleball X X Slayter Creek Park Sports Courts Summer/Fall Fee-Based 25 Tinkergarten with Julie X Natural Springs Park Year Round Fee-Based 31 7 Workout Wednesdays X X Slayter Creek Park Spring/Summer/Fall Free 35 41 Yoga at the Park X X Slayter Creek Park Year Round Free 1 11 42 Zumba X X Slayter Creek Park Fall Fee-Based 0 80 Adults 50+ Programs Book Club X Sherley Heritage Park Year Round Free 7 10 62 69 45 Christmas Lights Tour X Offsite Winter Free 11 10 10 City Updates X City Hall Year Round Free 18 18 Dog Days of Summer Walking Group X Natural Springs Park Summer Free 6 Foodie Troop X Offsite Year Round Free 25 129 187 155 Parks & Recreation Inventory | CHAPTER 2 61 Program Name Age Group Location Season Fee Estimated Annual Attendance Adaptive Participants Age 12 and under Age 13 to 18 Adults Adults 50+2021 2022 2023 2024 2025 2024 2025 Galentine's Day Party X City Council Chambers Winter Fee-Based 9 Grandparents Day X City Hall Fall Fee-Based 0 Hometown Cookout X City Hall Summer Free 1 Lucky Charm Potluck X City Hall Spring Free 5 Luncheon & Parks Speakers X City Hall Summer Free 4 Luncheon w/ Speaker X City Hall Spring Free 2 National Senior Citizens Day X City Hall Summer Free 20 15 12 New Year's Potluck X City Council Chambers Winter Free 8 Online Lectures with Collin College X Offsite Spring Free 2 Prize Bingo X Library Year Round Free 13 Quarterly Holiday Meals X Offsite Year Round Fee-Based 33 92 80 61 Scavenger Hunt X Offsite Summer Free 1 Senior Christmas Sweater Breakfast X City Hall Fall Free 6 Senior Halloween Breakfast X Sherley Heritage Park Fall Free 14 Senior Trips X Offsite Year Round Fee-Based 69 167 157 160 Summer Centerpiece X City Hall Summer Fee-Based 0 Talks & Talents X City Hall Year Round Free 58 The Crafting Corner X City Hall Year Round Fee-Based 14 87 80 113 Walk & Talk X Natural Springs Park Spring Free 3 3 Pop-Up Recreation Bubble Show X Slayter Creek Park Summer Free 113 62 Celebration of National Train Day X Sherley Heritage Park Spring Free 51 Creature Teacher - Creepy Crawlies X City Hall Spring Free 50 Creature Teacher - Animal Adventure X Slayter Creek Park Fall Free 43 Creature Teacher - Invertebrates!X City Hall Fall Fee-Based 24 Dart Painting X X Slayter Creek Park Summer Free 58 Farm Day X Slayter Creek Park Summer Free 50 Fiesta X Slayter Creek Park Summer Free 50 Fire X Fire Station Winter Free 42 Halloween Hoopla X Slayter Creek Park Fall Free 100 Kidsgiving X City Hall Fall Free 39 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)62 Program Name Age Group Location Season Fee Estimated Annual Attendance Adaptive Participants Age 12 and under Age 13 to 18 Adults Adults 50+2021 2022 2023 2024 2025 2024 2025 Magic Show X Slayter Creek Park Fall Free 48 Meet our Local Heroes: Anna Fire Rescue X Fire Station Winter/Summer Fee-Based/Free 28 65 Meet our Local Heroes: Anna Police Department X City Hall Winter Fee-Based/Free 27 34 Police X Fire Station Winter Free 33 Pop-Up Recreation Christmas Spectacular X Sherley Heritage Park Winter Free 6 Princesses & Princes Tea Party X Slayter Creek Park Summer Free 47 Puppet Playtime: Hands-on Puppetry Workshop X City Hall Spring Free 28 S.T.E.M. Day X Slayter Creek Park Summer Free 50 STEMtastic Saturday X City Hall Fall Free 8 Summer Rec-ess X City Hall Summer Fee-Based/Free 103 353 499 Taking it Easy X Slayter Creek Park Summer Fee-Based 51 Teddy Bear Picnic X Slayter Creek Park Summer Free 51 Parks & Recreation Inventory | CHAPTER 2 63 3 NEEDS ASSESSMENT ASSESSMENT METHODOLOGY CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)66 This Plan uses a multifaceted analysis to help determine the parks and recreational needs of the Anna community. The needs assessment analyzes whether those needs are being met and what types of improvements or changes would be beneficial for Anna. Existing parks and recreation opportunities are analyzed in terms of public opinion, the location and quantity of parkland, the quantity of facilities within parks, and natural resources in the City. The needs assessment includes three parts. These include demand-based, standards-based, and resource-based assessments. The use of multiple assessment methods helps to establish an understanding of key parks and recreation needs and informs Plan recommendations to address those needs. Slayter Creek Park Splash Pad Figure 12. Three Elements of the Needs Assessment Needs Assessment | CHAPTER 3 67 DEMAND -BASED ASSESSMENT The needs assessment starts with a demand-based assessment. This includes an analysis and summary of public feedback to identify what the community wants and expects from the parks and recreation system, and how this compares to its current state. STANDARDS -BASED ASSESSMENT The standards-based assessment then analyzes parkland acreage, location, and amenities in comparison with the needs and location of the current population and future growth areas. This is used to determine an appropriate target level of service for the Anna community and identify surpluses or deficits. RESOURCE -BASED ASSESSMENT Lastly, the resource-based assessment evaluates the City's existing physical, man-made and natural resources to identify opportunities to leverage for public recreation benefit. Demand-Based Standards-Based Resource-Based The demand-based assessment is a reflection of the community's needs and desires for their parks system as expressed directly by residents through public engagement opportunities. Community engagements utilized for this assessment included: • Stakeholder focus groups (6) • Tabling at the City's Touch-a-Truck event • Community survey The following pages present highlights from the community input received. These highlights are opinions from Anna residents and/or park users and may differ between the various engagement opportunities and questions. Additional public engagement information and details can be found in Appendix A. STAKEHOLDER LISTENING SESSIONS Stakeholders provided feedback during a series of six focus group sessions held throughout the process. Stakeholders in these focus groups included representatives from youth sports organizations, developers, business owners, residents, and council members. Participants were asked to consider the existing parks and recreation system and explain their likes, dislikes, and desires for change and/or improvements to the system as a whole. The following are key themes that were identified during these meetings, many of which were reiterated by participants in other engagement opportunities. DEMAND-BASED ASSESSMENT DESIRES: • Expanded trails network. • Inclusive playgrounds and ADA-compliant features for all ages and abilities. • Indoor recreation center and activities. • Host large sporting events and support traveler needs. • Enhanced amenities like fishing ponds, restrooms, and shaded areas. • Walkable downtown park spaces with picnic areas and water features. • A public pool or aquatic center. CONCERNS: • Underserved areas, especially on the south side of Anna that are lacking investment and visibility. • Safety and supervision issues at parks and fields. • Lack of sports team continuity. • Limited field space and off-season access. • Lack of activities geared toward teenagers. • Lack of prioritization of improvements and amenities based on rapid growth. • Missed opportunities for grants and partnerships, especially in trail development and recreation facilities. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)68 COMMUNITY PARKS SURVEY To help shape the future of parks and recreation in Anna, an online community survey was conducted to gather input. The survey was available from May 17 to June 20, 2025, and was promoted through the City’s website, social media platforms, and word of mouth through stakeholder participants and members of the Parks Advisory Board. Additionally, postcards announcing the survey were mailed to 11,694 households across Anna. A total of 814 responses were received. Respondents represented a broad cross-section of the community. Nearly 95% of all participants were Anna residents, with the majority residing in Area 2 (see Figure 15). Most respondents were between the ages of 35 to 44, and approximately 64% of total respondents indicated they have children under the age of 18 living at home. The following pages present the most notable takeaways from the survey. The full survey results report are included in Appendix A. 14-17 yrs old1% 18-24 yrs old2% 25-34 yrs old24% 35-44 yrs old33%45-54 yrs old18% 55-64 yrs old 12% 65 yrs old +10% Figure 13. Age of respondents taking the survey 0%10%20%30%40% No children Children under the age of 4 Children ages 5-8 Children ages 9-12 Children ages 13-18 Figure 14. Age of children in respondent households (Choose all that apply) Figure 15. Based on the map, what part of Anna do you live in? 1 2 3 4 5 7(ETJ) 6 Needs Assessment | CHAPTER 3 69 Overall Rating of the Parks and Recreation System Overall Satisfaction with Parks and Recreational Opportunities Various factors impact a community’s perception, use, and approval of a parks and recreation system, as is reflected in the mixed responses from Anna residents (see Figure 16). The majority of respondents expressed satisfaction with the opportunities available, suggesting that the current offerings generally meet expectations. Some also noted feeling neutral, suggesting there is still room for improvement in addressing community needs. Very Dissatisfied 5% Dissatisfied 16% Neutral 29%Satisfied 39% Very Satisfied 11% Figure 16. How satisfied are you with the parks and recreational opportunities in Anna? Rating the Quality of Parks and Recreation Opportunities in Anna When evaluating specific amenities offered, respondents identified the overall maintenance, safety, and appearance of parks as key strengths. Accessibility for all ages and abilities also received generally favorable responses, though some indicated that improvements could be made. On the other hand, the amenities offered and amount of publicly accessible natural areas received mixed feedback, suggesting that current offerings may not fully address the community’s needs and the potential for further improvements. 0%20%40%60%80%100% The amount of publicly accessible naturalareas The variety of amenities offered in parks The quality of athletic amenities (i.e., fieldsand courts) Having parks conveniently located in all areasof the City Having parks that are accessible/useable forall ages and all abilities The overall appearance of parks The overall safety of parks The overall maintenance of parks Great!Pretty good Could be better Needs work Severely lacking Figure 17. How would you rate the City in the following categories? CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)70 One Thing As Anna continues to grow, understanding residents’ priorities for improvement provides valuable insight into how the community envisions its future recreational opportunities. Feedback from respondents revealed the desire for improved trails, walking opportunities, and bike paths, highlighting the desire for enhanced mobility and access. Consistent with other feedback, respondents also noted the need for pools, shade, and indoor fields, pointing to a need for amenities that allow for recreation throughout the year. The need for more diverse and inclusive facilities that accommodate a wide range of ages and lifestyle was also a common note of improvement. Greatest Parks and Recreation Assets Identifying Anna’s greatest assets is an important piece in determining areas or amenities that should be preserved and possibly further enhanced. Figure 19 illustrates responses, with the largest words displaying the most commonly repeated answers. Notably, Slayter Creek and parks as a whole, stood out as the most valued asset among the community, indicating how valuable they are to residents. Figure 18. If you could improve only one thing about Anna's parks and recreation system, what would you improve? Figure 19. What are the City's greatest parks and recreation assets? Needs Assessment | CHAPTER 3 71 Figure 20. In the past year, how often have you or your family participated in or utilized the following? 0%20%40%60%80%100% Attended a community event in a park Used a shelter or picnic pavilion in city parks Used the skate park at Slayter Creek Park Participated in a youth athletic league Used the splash pad at Slayter Creek Park Used an athletic field/court at a city park Used a playground in city parks Visited a natural area Visited a city park Multiple Times a Week Weekly Monthly Yearly Never or Rarely Used the dog park at Natural Springs Park 0%5%10%15%20%25%30%35% Lack of maintenance I do not feel safe in the parks Don’t have time or not interested I use parks or facilities in other cities instead The parks and facilities don’t meet my needs There are no parks near me Other (please specify) Figure 21. What keeps you from using parks and recreation facilities in Anna more often? (Choose all that apply) Frequency of Use for Anna's Parks and Recreation Facilities Usage of Parks and Facilities When evaluating the use of parks and recreational facilities, respondents demonstrated a preference for city parks and natural areas. Playgrounds and splash pads also receive moderate use, highlighting their importance to families with young children. In contrast, amenities such as dog parks, skate parks, athletic fields, and picnic pavilions saw less frequent use. This difference in reported use may reflect nuances such as the age of respondents, varying household needs, or limited accessibility rather than lack of demand. Insights overall indicate that traditional parks remain central to community life, while also highlighting opportunities to expand connectivity, enhance amenities, and create spaces that better serve a range of users. Barriers to Park and Facility Use When asked what prevents individuals from using parks and recreation facilities more often, most respondents noted the “Other” category (see Figure 21). Responses revealed insights such as the lack of awareness about existing parks, limited connectivity via sidewalks and trails, and weather-related challenges like extreme heat without adequate shade. Safety-related responses focused on the lack of supervision at Slayter Creek Park and general concerns for toddler safety at playgrounds. Many respondents suggested adding a playground specifically designed for toddlers to alleviate this concern. Additional feedback indicated the lack of amenities such as restrooms, drinking fountains, and the lack of indoor recreation opportunities such as a city gym or pools. Overall, responses highlight the need to improve accessibility, connectivity, and the development of indoor facilities, consistent with themes observed in other survey responses. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)72 Parks and Recreation System Priorities Most Important Amenities in Parks and Recreation Facilities Anna provides a variety of parks and recreational amenities that serve as valuable community assets. When asked to rank the importance of future amenities, respondents prioritized restrooms, shade trees, and paved walking paths. Natural walking trails, playgrounds, and indoor recreation opportunities also ranked in the top 10 priorities, revealing a strong interest in both outdoor and indoor options for recreation. 0%20%40%60%80%100% Dog parks Picnic amenities, grills Quiet seating areas Water, splash pads Outdoor event space (e.g., amphitheater) Multipurpose fields Playground, ADA accessible Sports courts/fields Pavilions, multipurpose Water, swimming pools Landscaping, general greenery Playgrounds Indoor recreation opportunities Walking paths, natural trails Walking paths, paved Shade trees Restrooms Very Important Important Neutral Not Important Unwanted Figure 22. How important is it for the following amenities to be provided in Anna parks and recreation facilities? Most Important Parks & Recreation Functions Performed by the City of Anna Anna has many opportunities to continue improving its parks and recreation offerings. When asked about the importance of offering a variety of improvements, respondents expressed strong support for trail connections to neighborhoods, parks, and other community amenities. Respondents also emphasized support for recreational programming for children and youth, emphasizing the demand for activities geared toward younger age groups. The addition of new amenities to existing parks and development of new parks also received similar levels of support. Notably, all programming options were ranked as very important or important by more than 50% of survey respondents. This shows a strong desire for additional parks and recreation improvements of all types. 0%20%40%60%80%100% Provide more athletic fields Build an amphitheater/outdoor event space Support recreational programs for adults, Support recreational programs for adults Provide more special events and festivals Renovate existing park amenities to improvecondition, lighting and accessibility Develop new parks Add new amenities to existing parks Build trails to connect neighborhoods, parks, schools and retail Very Important Important Undecided Not Important Not Important at All Support recreational programs forchildren and youth ages 50+ Figure 23. How important do you consider each of the following potential actions the City could take? Needs Assessment | CHAPTER 3 73 Funding for Parks and Recreation Securing additional funding for parks and recreation may be essential to meeting the needs of Anna residents. When asked about their support for various financing strategies, respondents were most supportive of raising funds for new facilities through a bond initiative and increasing fees for those who use maintenance-intensive or specialized recreation facilities. As the City considers various funding options, it should maintain transparent communication with the public and strive to also evaluate community support from a larger respondent group. Figure 24. To meet the needs of Anna residents, the City may require additional funding for parks and recreation. How strongly would you support or oppose the following financing strategies? Parks and Recreation Programming Recreational Programming Priorities Understanding the community’s favorite recreational activities is important when designing parks and programs that align with residents’ interests and priorities. Among the responses provided, two of the top three involve the use of trails. Other top ranking activities include swimming, concerts and music events, and playing on playgrounds. Figure 25 represents the top 10 highest ranking recreational activities amongst respondents. 0%25%50%75% BMX biking Swimming competitively Hunting Boating (motor) Skateboarding Other (please specify) Tennis Disc golf, frisbee golf Horseback riding Volleyball (indoor) Playing in an adult athletic league Volleyball (sand) Dance Basketball Baseball, softball Soccer Yoga Birding, wildlife watching Playing in a youth athletic league Picnicking Exercising, group fitness classes Pickleball Canoeing, kayaking, paddle boarding Art & crafts classes Bicycling Exercising, at a private gym Gardening Book reading/Board games Playing on a splash pad Playing on playgrounds Concerts, music events Swimming for leisure Running, jogging or walking on paths Hiking or walking on nature trails Figure 25. What are you or your family's favorite recreational activities? (Top 10) (Choose all that apply) CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)74 Recreational Programming amongst Age Groups Providing recreational options for all age groups is essential to ensure that the needs of everyone in the community are met. Survey results show the highest satisfaction with programs for children up to age 8 (see Figure 26). In contrast, programming for young adults, adults, and adults ages 50+ received the lowest satisfaction levels, indicating a gap in engagement with older age groups. It is also important to note that most survey respondents fall within the 25-44 age range, and a majority do not have children. This context is helpful when interpreting satisfaction levels, as it highlights that respondents are evaluating programming across age groups even if they may not personally participate in or have direct experience with certain programs. In terms of which age group has the greatest need for recreational programming moving forward, responses suggest that overall, children and teens have the greatest need for programming (see Figure 27). Across stakeholder meetings and general engagement conducted thus far, programming for teens remains a consistent priority for Anna residents as the children population gets older. Teens can be a challenging age group to engage. The City should consider additional outreach strategies in the future to gain feedback about potential programming from local youth. Figure 26. How satisfied are you with recreational programming opportunities in Anna for people in the following age groups? 0%20%40%60%80%100% Young Children Children, ages 5-8 Children, ages 9-13 Teens, ages 14-18 Young Adults, ages 19-30 Adults, ages 30-50 Adults, ages 50+ Very Satisfied Satisfied Neutral Dissatisfied Very dissatisfied 12 3 Childrenages 9-12 Teensages 13-18 Childrenages 5-8 Figure 27. Which age group do you think has the greatest need for recreational programming? (Top three) Needs Assessment | CHAPTER 3 75 STANDARDS-BASED ASSESSMENT Needs Assessment | CHAPTER 3 77 The standards-based assessment analyzes parkland in terms of acreage, location, and number of park facilities. It identifies the current level of service and whether it is meeting the community's needs. Levels of service represent a specific acreage of parkland or number of facilities needed per given population. The National Recreation and Park Association (NRPA) publishes its Agency Performance Review annually. It presents data and insights from 1,000 parks and recreation agencies around the country. This information was referenced throughout the standards-based assessment as a baseline comparison. Three types of standards were examined in this assessment: acreage, location, and facilities. ACREAGE LEVEL OF SERVICE The acreage level of service defines the quantity of parkland acreage as a ratio to population. The results are expressed as park acreage per 1,000 residents. The analysis examines whether there is sufficient parkland for residents today and in the future. SPATIAL LEVEL OF SERVICE The spatial level of service looks at the location and distribution of different park types to identify underserved areas and where new parks may be needed. FACILITY LEVEL OF SERVICE The facility level of service defines the number of park facilities needed to meet the community's recreational needs. Standards are expressed as a ratio of facility per population size (e.g., one baseball field per 4,500 residents). Figure 28. Acres of Parkland per 1,000 Residents CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)78 ACREAGE LEVEL OF SERVICE The City's park system is composed of various types of parks that serve different needs. Neighborhood parks and community parks, cumulatively thought of as close-to-home parks, are focused on recreational benefits for nearby residents. In addition to local residents, regional parks serve a population beyond the immediate community. Linear parks/greenbelts and open space provide passive recreation opportunities for the whole community, while special purpose parks serve a focused user group (e.g., dog park). According to the 2025 NRPA Agency Performance Review (Figure 28), the median community with 20,000-49,999 people had 10.9 acres of parkland per 1,000 residents. A median community with 50,000-99,999 people had 9.2 acres of parkland per 1,000 residents. A target level of service has been defined for Anna through comparison with the NRPA Agency Performance Review, and an understanding of the community's goals, opportunities, and challenges. Anna's parks system includes 256.3 acres of parkland, with 130.6 acres designated as close-to-home parks and 125.7 acres of all other park types. Existing and target levels of service per park type are listed in Figure 29. The City's total combined level of service today is 9.2 acres per 1,000 residents, which is lower than the median for communities cited in Figure 28. Considering the total of all park types (including those without target levels of service), there is a current parkland deficit of 63.6 acres, with a future deficit that grows as the population increases toward its projected 2035 population. The City is primarily lacking in community and regional parks today and in the future, as listed in the "surplus/deficit acreages" columns in the table. As Anna continues to develop in the future, the City should consider opportunities for additional close-to-home parks in areas with new development. It will be important to enhance park amenities (e.g., playground, basketball court, picnicking) within these parks to ensure that they can meet the daily recreational needs for residents in the vicinity. Additionally, regional parks remain an area of need both now and in the future. As the City considers future park investments, it should prioritize identifying sites large enough to accommodate a range of activities and natural features that define regional parks. These spaces should be suitable to offer opportunities for sports tournaments and large-scale community gatherings that will balance usage with Slayter Creek Park, the City's only existing regional park. Greenbelts/linear parks also play a critical role in enhancing connectivity between neighborhoods and parks. While there is no set standard for the level of service for greenbelts/linear parks, expanding these areas can expand opportunities for walking and biking, and integrate natural open spaces into the community. National Recreation & Parks Association (NRPA) 2025 Agency Review1 Total Parkland per 1,000 Residents (for communities 20,000-49,999 people): • Lower Quartile = 5.7 acres/1,000 people • Median = 10.9 acres/1,000 people • Upper Quartile = 17.5 acres/1,000 people Total Parkland per 1,000 Residents (for communities 50,000-99,999 people): • Lower Quartile = 4.7 acres/1,000 people • Median = 9.2 acres/1,000 people • Upper Quartile = 16.5 acres/1,000 people 1 https://www.nrpa.org/publications-research/research-papers/agency-performance-review/ Park Classification Existing Level of Service (LOS)Recommended Level of Service (2025)Recommended Level of Service (2035) Existing Acreage (2025) Current LOS (based on 27,823 population) Recommended Target LOS (2025-2035) 2025 Recommended Acreage (based on 27,823 population) Surplus/Deficit Acreages (2025) 2035 Recommended Acreage (based on 50,140 population) Surplus/Deficit Acreages (2035) Close-to-Home Parks Neighborhood Parks 98.6 2.9 Ac/1,000 Residents 1.5 Ac/1,000 Residents 41.7 56.9 75.2 23.4 Community Parks 32 0.9 Ac/1,000 Residents 5.0 Ac/1,000 Residents 139.1 -107.1 250.7 -218.7 Close-to-Home Parks Subtotal 130.6 3.8 Ac/1,000 Residents 6.5 Ac/1,000 Residents 180.8 -50.2 325.9 -195.3 Other Parks Regional Parks 85.6 3.1 Ac/1,000 Residents 5.0 Ac/1,000 Residents 139.1 -53.6 291.2 -165.1 Greenbelts/Linear Parks 15.3 0.5 Ac/1,000 Residents Varies N/A N/A N/A N/A Open Space 24.9 0.9 Ac/1,000 Residents Varies N/A N/A N/A N/A Special Use Parks 0 0.0 Ac/1,000 Residents Varies N/A N/A N/A N/A Other Parks Subtotal 125.7 4.5 Ac/1,000 Residents Varies N/A N/A N/A N/A All Park Types 256.3 9.2 Ac/1,000 Residents 11.5 Ac/1,000 Residents 320.0 -63.6*576.6 -320.3* *The bottom row includes all park types and an overall recommended level of service of 11.5 acres of parkland per 1,000 residents. The total 2025 and 2035 surplus and deficit calculations are based on all park types combined (e.g., 256.3 existing acres - 320.2 recommended acres in 2025 = -63.6 deficit acres). Negative numbers = acreage deficits Needs Assessment | CHAPTER 3 79 Figure 29. Parkland Acreage Level of Service CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)80 SPATIAL LEVEL OF SERVICE Access to Neighborhood Parks Neighborhood parks typically serve residents within a 1/4 mile to 1/2 mile radius. These parks are intended to serve daily recreational needs for nearby residents and are often accessed by foot or bike. These service areas equate to approximately a 5-minute (1/4 mile) to 10-minute (1/2 mile) walk. Neighborhood parks should be generally located away from major arterial streets and should be accessible without requiring residents to cross major roadways. Map 5 illustrates the service areas of existing neighborhood parks in Anna. Service areas are clipped where major roadways, rivers, or other natural features create barriers that limit pedestrian access. While existing neighborhood parks serve large portions of Anna, many residential growth areas lack access to neighborhood parks. Need areas are those areas within the growth area that are not currently serviced with appropriate parks. Primary parkland need areas are located throughout the City, with the eastern and western portions of the City having the largest areas lacking access to neighborhood-serving parkland. As the City considers locations for new close-to-home parks, priority should be given to residential areas located within the primary parkland need areas. As the City considers improvements to its sidewalk and trail network, priority should be given to streets within a 1/2 mile distance of existing parks to allow nearby residents to safely walk and bike to the parks. Henry Clay 'Yank' Washington Park is a local example of a neighborhood park. Needs Assessment | CHAPTER 3 81 Map 5. Service Area of Neighborhood Parks CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)82 Access to Community Parks Community parks are designed to serve several neighborhoods and typically offer a wide range of amenities, such as playgrounds, picnic pavilions, athletic fields and courts, trails, and splash pads. Residents are often willing to drive farther to visit community parks because they typically provide more options than smaller neighborhood parks. Map 6 shows a 1 to 2 mile service area around parks that could function as community parks based on their size, amenities, or how they are currently used. Bryant Park and Natural Springs Park are the City's two existing community parks. Natural Springs Park sits near the center of Anna, while Bryant Park is located toward the northern edge. When these service areas are compared to areas of residential growth, it is clear that the west and east sides of the City have the greatest need for additional parkland. As development in these parts of the City continues, there may be opportunities to add new community parks to better serve these neighborhoods. Paw Park at Natural Springs Park Needs Assessment | CHAPTER 3 83 Map 6. Service Area of Community Parks CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)84 Access to Regional Parks Regional parks are designed to serve the entire community as well as visitors from the surrounding region. They often host large events, tournaments, and provide access to significant natural or protected areas. Due to their size and variety of recreational amenities, regional parks have an extensive service area. Slayter Creek Park serves as Anna's sole regional park. With its substantial size of approximately 86 acres, and diverse recreational amenities, the park serves residents across the region. As the service area includes the entire City, it is not mapped in this Plan. Access to Trails Like pocket and neighborhood parks, trails are typically accessed by foot or bicycle and share a similar service area of 1/4 to 1/2 mile. While the proposed trail network will eventually provide citywide coverage, the current system contains notable gaps—particularly in central areas within the established service area. Existing trails in Anna primarily follow a north-south alignment near Slayter Creek, presenting opportunities for new connections, including potential links between Baldwin Park Trail and Pecan Grove Trail. Given strong community support, expanding and improving the trail network should be prioritized for future implementation. Slayter Creek Park Fields Needs Assessment | CHAPTER 3 85 Map 7. Service Area of Trails *Park Place Trail, Oak Hollow Trail, and Arden Park Trail are located on HOA properties. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)86 FACILITY LEVEL OF SERVICE In addition to considering the different types of parkland, it is important to consider what types of facilities are available for resident use. The 2025 NRPA Agency Performance Review also provides comparison data of the prevalence for outdoor park and recreation facilities per population. The facility target levels of service were determined through a baseline comparison of the 2025 NRPA Agency Performance Review results for communities with populations between 20,000-49,999 people and 50,000-99,999 people. Targets were then tailored to Anna based on community input, goals, and an understanding of parkland and staffing opportunities and challenges. The Facility Level of Service table on the next page illustrates the current level of service for each type of facility based on the current estimated population. Targets are applied to the facility categories to determine current and future deficits. The two far right columns display the findings from the 2025 NRPA Agency Performance Review for communities with 20,000-49,999 people and 50,000-99,999 people, when available. There are currently deficiencies in the following facilities: ▪Diamond fields ▪Stand-alone backstops ▪Basketball courts ▪Multipurpose practice fields ▪Tennis courts ▪Trails ▪Volleyball courts ▪Amphitheater/outdoor event space ▪Picnic facilities ▪Publicly accessible swimming pool/aquatic facility ▪Splash pad ▪Recreation Center Looking out toward 2035, without the addition of new facilities there will also be deficiencies in: ▪A fitness equipment circuit ▪Rectangular fields (soccer, football) ▪Picnic pavilions ▪Playgrounds Most other current deficits increase by 2035. Facility/Amenity Current Available Current LOS (1 Facility per # Residents) Target LOS (Per Residents) 2025 Need (based on 27,823 pop.) 2025 Deficit or Surplus 2035 Need (based on 50,140 pop.)2035 Deficit or Surplus 2025 NRPA Agency Review (some facility categories are not included in the Agency Review) Cities 20,000-49,999 Cities 50,000-99,999 Ac t i v e Diamond Fields (baseball, softball)6 4,637 1 per 4,500 7 -1 12 -6 1 per 3,408 1 per 4,560 Backstop 2 9,274 1 per 6,000 5 -3 9 -7 Basketball Courts (outdoor)3 9,274 1 per 8,000 4 -1 7 -4 1 per 8,000 1 per 8,447 Disc Golf 1 27,823 1 per city 1 0 1 0 1 per 32,519 1 per 56,150 Fitness Equipment Circuit 2 13,912 1 per 20,000 2 0 3 -1 1 per 21,468 1 per 32,500 Multipurpose Practice Fields 3 9,274 1 per 6,000 5 -2 9 -6 Rectangular Fields (soccer, football)7 3,975 1 per 4,000 7 0 13 -6 1 per 4,002 1 per 4,659 Pickleball Courts 11 2,529 1 per 7,000 4 7 8 3 1 per 7,333 1 per 8,592 Skate Park 1 27,823 1 per city 1 0 1 0 1 per 35,000 1 per 61,384 Tennis Courts 2 13,912 1 per 7,000 4 -2 8 -6 1 per 6,284 1 per 5,818 Trails: City-owned + HOA (miles)* 9.55 2,913 1 per 2,500 11.1 -1.6 20.1 -10.5 Median 10 total miles Median 16 total miles Volleyball Courts (outdoor)0 0 1 per 16,000 2 -2 4 -4 1 per 16,487 1 per 29,214 Pa s s i v e Amphitheater/Outdoor Event Space 0 0 1 per city 1 -1 1 -1 1 per 34,275 1 per 60,594 Dog Park 2 13,912 1 per 30,000 1 1 2 0 1 per 26,534 1 per 55,250 Picnic Pavilions 13 2,140 1 per 3,000 10 3 17 -4 Picnic Facilities (e.g., tables) 12 2,319 In all publicly accessed parks In all publicly accessed parks -1 In all publicly accessed parks -1 Playgrounds 11 2,529 1 per 3,000 10 1 17 -6 1 per 3,320 1 per 3,643 Wa t e r Fishing Piers 1 27,823 Varies Varies Varies Varies Varies Publicly Accessible Swimming Pool/Aquatic Facility 0 0 1 per city 1 -1 1 -1 Pool: 1 per 26,900 Center: 1 per 32,000 Pool: 1 per 48,064 Center: 1 per 60,770 Splash Pad 1 27,823 1 per 20,000 2 -1 3 -2 1 per 29,804 1 per 51,000 Mi s c . Recreation Center 0 0 1 per 30,000 1 -1 2 -2 1 per 27,517 1 per 31,805 Park Restrooms 8 3,478 Where feasible Where feasible Varies Where feasible Varies Needs Assessment | CHAPTER 3 87 Figure 30. Facility Level of Service *Trails located on HOA Properties: Park Place Trail (0.63 miles), Oak Hollow Trail (0.48 miles), and Arden Park Trail (0.19 miles) RESOURCE-BASED ASSESSMENT CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)88 The resource-based assessment is the third analysis for the needs assessment. This exercise recognizes key physical, man-made, or natural resources within the community that may provide potential recreational opportunities. These areas can either support active recreational pursuits or provide opportunities for passive enjoyment. The following areas have potential to be further leveraged for recreation or open space preservation. Floodplains and Waterbodies Waterbodies and floodplains are areas that are inherently unsuitable for most types of development. They are also often beautiful natural areas that wind through cities. Anna’s creeks, such as Sweetwater, Sister Grove, Throckmorton, and Hurricane, and associated floodplains extend throughout the City. With strategic development of trail infrastructure, these natural areas could be used as a key element in a citywide trail network. Utility Corridors Utility corridors are great opportunities for multipurpose facilities, for example, implementing trails in utility rights-of-way that would otherwise remain underutilized land. Development of structures is largely prohibited in utility corridors. While these areas need to remain clear of vertical development, they are great locations for extensive trail segments. As the City develops additional trails, consideration should be given to best leveraging utility corridors for connectivity. To the extent possible, shrubs or small trees should be integrated to provide shade for users. Topography The west side of Anna contains topographical changes that are ideal for future parks and trails. With the topographical changes and available undeveloped land on the west side of US 75, the City could implement a mountain bike trail network and establish new improved and unimproved hiking trails. Trails at John Flavel Greer Park Needs Assessment | CHAPTER 3 89 SUMMARY OF NEEDS The needs assessment and public engagement process reveal the high importance and value of parks and recreation for the City of Anna. In order for Anna to maintain its high level of parks and recreation quality and services, there are some identified needs for additional distribution of parkland, increased connectivity, new and improved facilities, and expanded recreational programs that should be addressed in the coming years. These needs include services that are currently lacking for existing residents as well as expected needs as Anna's population grows through 2035. PARKLAND ACREAGE AND DEVELOPMENT • Connect major park spaces and neighborhoods through an improved trail network. • Increase shade along trails and walking paths. • Connect parks with greenbelts and safe pedestrian pathways. • Address service area gaps in residential-growth areas with additional close-to-home and regional parks. • Maximize the use of existing parks through upgrades and better amenities. • Develop inclusive playgrounds for children of all ages and abilities. • Distribute services throughout the City, specifically on the east, west, and south portions. PARKLAND ACCESS AND CONNECTIVITY PARK FACILITIES • Expand recreational programming geared toward teenagers. • Increase indoor recreation activities throughout the year. • Provide coaching and roster continuity for recreational sports teams. • Address shortages in sports fields to increase capacity for hosting larger sporting events and overall usage throughout the year. • Provide publicly accessible pools or aquatic facilities throughout the City. • Enhance existing parks with amenities such as shade and restroom facilities. • Provide an additional splash pad and dog park to meet public demand in the future. RECREATIONAL PROGRAMS 4 RECOMMENDATIONS INTRODUCTION This chapter details the recommendations formulated as part of this Parks, Recreation, Open Space, and Trails (PROST) Master Plan Update. These recommendations are based on the assessment of current conditions, input from the public and stakeholders, and a needs assessment. They encompass a combination of strategies for maintaining and improving the existing parks and recreation infrastructure, as well as introducing new facilities where a need has been identified. GOALS FOR THE PARKS & RECREATION SYSTEM The following goals provide overall direction for Anna’s parks and recreation system to achieve the community’s vision and aspirations. These goals should be used to help guide the City’s decision-making processes and form the basis of the PROST Master Plan’s recommendations. 1. Proactively acquire parkland and open space acreage to provide physical access to all existing and future residents of Anna. 2. Enhance and diversify existing parks and develop new amenities to best meet the needs and desires of the community. 3. Improve and expand the City’s trail network to enhance connectivity between neighborhoods, parks, schools, and destinations. 4. Provide a diverse range of recreational opportunities for all ages, abilities, and interests. 5. Ensure all parks are safe, welcoming, and well-maintained for all users to enjoy comfortably. 6. Pursue partnerships and secure diverse funding sources to support park development, improvements, and ongoing operations. Skateboarding legend Tony Hawk with Anna neighbors at Slayter Creek Park on June 10, 2025 Source: City of Anna CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)92 Goal #1: Proactively acquire parkland and open space acreage to provide physical access to all existing and future residents of Anna. 1.1 Proactively pursue the acquisition of additional parkland acreage in the target areas. While some of the City is currently served with nearby access to park and recreation amenities, there is a need to proactively plan for additional parkland that addresses the needs of underserved areas within the Residential Growth Area as shown on Map 8. These areas primarily include the developable areas west of US 75 and east of the currently developed area inside city limits. The City should proactively pursue acquisition in these areas through parkland dedication, purchase of parcels, or partnerships. Neighborhood parks should be prioritized in all new residential growth areas to allow easy access to outdoor space for new Anna residents. Additionally, a new community park should be prioritized on the west side of US 75. When evaluating land for recreational use, consider factors like proximity to residential areas, accessibility, topography, and size. Additionally, based on the staffing and funding needs associated with additional parkland, properties that can provide the greatest diversity of benefits should be prioritized. Map 8. Parkland Need Areas Recommendations | CHAPTER 4 93 Figure 31. Parkland Dedication & Fee Analysis 1.2 Review the parkland dedication ordinance and associated fees and modify as needed. The chart in Figure 31 compares the City of Anna’s parkland dedication ratios and parkland fees with those of nearby cities, McKinney, Melissa, Prosper, and Princeton. For both single-family and multifamily developments, Anna currently requires a dedication rate of 1 acre per 50 dwelling units, which is notably less stringent than McKinney (1:37), Melissa (1:30), Prosper (1:35), and Princeton (1:30). By requiring less parkland space per unit, Anna may experience increasing pressure on existing park infrastructure as development and population continue to increase. When comparing parkland fees in lieu of dedication, Anna charges $1,500 per single-family unit and $2,000 per multifamily unit. While the single-family fee aligns with Prosper and Melissa’s rates, it remains lower than McKinney’s ($1,993) and City Parkland Dedication - Single Family (Acre : Dwelling Unit) Parkland Dedication - Multifamily (Acre : Dwelling Unit) Parkland Fee in Lieu - Single Family ($ per Dwelling Unit) Parkland Fee in Lieu - Multifamily ($ per Dwelling Unit) Anna, TX 1:50 1:50 $1,500 $2,000 McKinney, TX 1:37 1:37 $1,993 $1,631 Melissa, TX 1:30 1:30 $1,500 $1,250 Prosper, TX 1:35 1:35 $1,500 $2,000 Princeton, TX 1:30 1:30 $1,540 $1,540 only slightly below Princeton’s ($1,540). The multifamily fee, however, is higher than McKinney, Melissa, and Princeton, which positions Anna near the upper end of the range for that category. Anna’s fees in lieu of dedication are generally comparable with surrounding cities and may not need to be updated. Anna should consider updating its parkland dedication ratios to fall within the regional average of 1 acre per 35–40 dwelling units. This adjustment would help create adequate parkland and open space as the population continues to increase. Additionally, Anna should continue to review and update its fees in lieu of dedication to keep pace with inflation and land acquisition costs. These updates would position Anna’s policy more competitively within the region and provide a sustainable funding mechanism for future parks and open space development. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)94 Goal #2: Enhance and diversify existing parks and develop new amenities to best meet the needs and desires of the community. 2.1 Improve Baldwin Park. In order to enhance the recreation potential of Baldwin Park, the following improvements are recommended: • Perform ongoing maintenance and improvements to the park restrooms. • Manage encroachment of lake-related activities onto adjacent private properties. 2.2 Implement the Carol Park Development Plan. Following completion of the Carol Park Development Plan, the City has initiated phased construction of the planned improvements, with work currently underway and expected to be completed in 2026. 2.3 Implement the Finley Park Concept Plan. The City has completed the Finley Park Concept Plan and is preparing to move the project into construction. 2.4 Implement the Hassie Lawrence Morgan Park Development Plan. Following completion of the Hassie Lawrence Morgan Park Development Plan, the City has initiated phased construction of the planned improvements, with work currently underway and expected to be completed in Summer 2026. 2.5 Improve and develop Henry Clay “Yank” Washington Park. Henry Clay “Yank” Washington Park offers a range of community amenities. However, opportunities exist to enhance the recreational offerings within and around the park. Potential improvements include: • Maintain the playground by replenishing the safety surfacing. • Provide signage to clearly communicate park rules and regulations. • Add a picnic pavilion. • Construct a parking lot to enhance site accessibility. • Provide shaded seating or picnic areas with tree cover or a shade structure. 2.6 Improve John Flavel Greer Park. John Flavel Greer Park is a recently dedicated park in the City. While existing facilities are in good condition, future improvement opportunities include enhancing trail connections to nearby residential developments and the Slayter Creek Trail. Ongoing maintenance should be prioritized to preserve the quality and usability of park amenities. 2.7 Improve Johnson Park. In order to enhance the recreation potential of Johnson Park, the following improvements are recommended: • Pave and enlarge the parking lot. • Establish trail connections linking to downtown and surrounding parks. • Replace park benches. • Install concrete pads adjacent to benches for wheelchair accessibility. Recommendations | CHAPTER 4 95 2.8 Prepare a concept plan for further development of Sherley Heritage Park. Sherley Heritage Park is the City’s most historic park and has the potential to better serve the community through targeted upgrades and new amenities. To ensure future improvements align with a long-term vision, the City should prepare a conceptual plan before making major investments to ensure that improvements on this small site best address recreation needs and deficiencies in the community. The conceptual plan should consider and evaluate the following elements for feasibility: • Expand the site to allow for expansion up to 5th Street by removing the wooden fence and water utility structures from the park’s southern edge. • Implement ADA upgrades across the site with a focus on parking lot, restrooms, depot building, and benches. • Provide additional parking spaces. • Provide sidewalks to improve pedestrian access. • Provide shade over the playground. • Evaluate the feasibility of incorporating a farmers market location on the site. 2.9 Implement the Sherley Heritage Park Concept Plan. After developing the Sherley Heritage Park Concept Plan, the City should move forward with phased implementation of the improvements as funding becomes available. 2.10 Finalize design drawings for the improvement of Bryant Park. The City has completed the Bryant Park Concept Plan and should finalize design drawings to begin implementing the planned improvements. In order to enhance the recreation potential of Bryant Park, the following improvements are recommended for incorporation into the ongoing design drawings: • Install ADA-compliant parking facilities. • Address the site’s drainage issues and explore creative stormwater management solutions. • Enhance the condition and usability of the fields. • Implement a new irrigation system. 2.11 Improve Natural Springs Park. Natural Springs Park is among the City’s most visited parks and has several opportunities to improve accessibility and user experience. Recommended improvements include: • Add shade trees and benches along walking paths, to the extent possible. • Mitigate erosion along the creek banks. • Improve drainage within Paw Park. • Expand the Paw Park for increased capacity. • Carry out ADA and accessibility enhancements throughout the site. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)96 2.12 Improve Slayter Creek Park. Slayter Creek Park is the City’s only regional park and one of its most heavily used. The City is currently making progress on several improvements, including the addition of a new playground, to enhance the park’s overall condition and usability. Additional upgrades are recommended to address ongoing maintenance and operational needs, including: • Evaluate and implement measures to enhance restroom security and mitigate vandalism. • Address poor drainage of the site, including flooding concerns in the vicinity, pickleball courts, and ballfields. • Add shade trees and benches along walking paths, to the extent possible. • Assess the existing irrigation system and consider consolidating to one central controller. • Evaluate slope stabilization strategies for the creek and drainage channel. 2.13 Improve Pecan Grove Park. In order to enhance the recreation potential of Pecan Grove Park, the following improvements are recommended: • Expand coverage of the irrigation system across the park. • Identify locations along the trail suitable for wildflower planting areas to add seasonal interest and ecological value. 2.14 Prepare a Geer Park Master Plan. Geer Park currently stands as an undeveloped parcel that serves as a multipurpose practice field for different sports. In order to define and formalize the site’s amenities and recreational programming, it is recommended the City prepare a master plan to solidify the vision for the park. 2.15 Implement the Geer Park Master Plan. After developing the Geer Park Master Plan, the City should move forward with phased implementation of the improvements as funding becomes available. 2.16 Systematically address recreation amenity deficiencies. As the City further amenitizes existing parks or develops new parks, it should prioritize providing amenities with identified deficits as defined in the facility level of service assessment in Chapter 3. These do not need to be the only amenities included, but should be a starting point for all discussions about adding recreation options to parks. Recommendations | CHAPTER 4 97 Goal #3: Improve and expand the City’s trail network to enhance connectivity between neighborhoods, parks, schools, and destinations. 3.1 Continue expanding the City’s trail network. Across all engagement activities conducted during the parks planning process, trails and connectivity emerged as a top priority for the City’s future park system. To address this community priority, it is recommended that the City continue to expand its trail network to connect residents with parks, schools, and retail destinations. The Trails Master Plan (see Map 9 on the next page) illustrates potential trail corridors that could strengthen connectivity. Some of the identified segments include existing sidewalks that can be leveraged to fill network gaps, while others would require coordination and easements from private landowners and developers. Priority implementation should focus on establishing 1/2 mile connections between neighborhoods and nearby parks. Through the private development process, the City can require dedication of right-of-way for trail construction and continue to consider using park development fees to support ongoing trail development. 3.2 Require all new and upgraded trail segments to meet the trail design standards adopted in 2021. The Anna 2050 Parks, Open Space, Trails, and Recreation Master Plan adopted in 2021 established specific trail guidelines. As Anna continues to grow, new public and private trails will be developed to connect residential areas to parks, schools, and commercial districts. These new trails should be required to follow the design standards laid out in the previous plan and listed in Figure 32 on page 100. 3.3 Leverage floodplain and utility easements for trail expansion. To strengthen the City’s trail network and improve community connectivity, opportunities should be explored to extend trails within existing floodplain and utility easements. Trails and associated amenities built in the floodplain should be designed for longevity and to minimize the potential of washout during heavy rain events. 3.4 Incorporate shade, trees, and benches on all new trails and other amenities. The need for amenities that improve comfort and usability along the trail network also emerged as a community priority throughout engagement activities. To address this need, it is recommended that the City incorporate features such as shade, trees, benches and drinking fountains, if the opportunity exists, throughout the trail system to enhance comfort and safety for users. 3.5 Develop solutions where future trails cross major thoroughfares. As the trail network expands, crossings at major thoroughfares will become critical points for safety, comfort, and connectivity. The City should proactively evaluate locations where existing or planned trails intersect high-volume roadways and develop context-sensitive solutions such as enhanced crosswalks or signalized crossings to prioritize visibility and pedestrian safety. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)98 Map 9. Trails Master Plan Recommendations | CHAPTER 4 99 Figure 32. Trails and Sidewalks Design Guidelines Community Trails: 10’ - 12’ Concrete Future community trails that extend from the Regional Veloweb trails will create a city trail system that connects many key destinations in Anna and establishes longer distance, off-street trail routes for recreation uses. Trailheads with a variety of trail amenities will be located along these trails. Community trails should be constructed of concrete. These trail types are a minimum of 10-feet wide and a maximum of 12-feet wide depending on the level of anticipated use. The Trail Master Plan (see Map 9) identifies opportunities for future trails to connect areas of the City as development occurs and identifies priority community trails for development. Regional Veloweb: 12’ Concrete The purpose of the Regional Veloweb trail type, which is defined and recognized by the North Central Texas Council of Governments (NCTCOG), is to provide regional and interregional routes. NCTCOG describes the Veloweb as “a 644-mile interconnected network of off-street trails designed to provide safe, efficient mobility to pedestrians and cyclists.” The intention of the Veloweb in Anna is to provide access throughout the City to destinations in adjacent communities and, ultimately, to connect to the DFW metro area. Trails designated as part of the Regional Veloweb should be concrete and a minimum of 12-feet in width. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)100 Nature Trails: 4’-12’ Wide Trails can be constructed of hard, soft or a mix of surface materials depending on surrounding conditions and expected usage. Although typically found in parks and open spaces, more residential developments are incorporating soft-surface trails into the design of their communities. Sidewalks: 6’-8’ Concrete Sidewalks link neighborhood blocks to larger street and trail networks. The minimum width of sidewalks in Anna is 6 feet, with wider, 8-foot sidewalks recommended adjacent to major roads. Recommendations | CHAPTER 4 101 Goal #4: Provide a diverse range of recreational opportunities for all ages, abilities, and interests. 4.1 Expand recreational programming for teenagers. As noted in the Introduction & Community Analysis chapter, Anna has a large population of children under the age of nine. As this cohort grows older, it will be important for the City to expand and diversify recreational programming to meet the needs of teenagers. Survey results indicate that youth and teen programming has room for improvement and should be a priority in the coming years. Programs to consider include: • Athletic leagues and clinics • Art and music classes and camps • Technology classes and camps • Inclusive programs for children with all abilities • Non-traditional sports programs (e.g., skateboarding, disc golf) 4.2 Expand recreational programming for adults 50+. Among community feedback, expanded recreational programming for adults 50+ ranked highly among priorities for residents. The City should consider expanding or supporting a greater diversity of recreation options for people over 50. Some considerations could include game nights, picnics in the park, and fishing days. The City should also continue to solicit input from residents in this age group to better tailor programs and events to their interests. 4.3 Develop new multipurpose practice fields to address space deficits and expand the capacity to host tournaments. To address existing field space deficits and expand the City’s capacity to host leagues and tournaments, the City should identify locations for new multipurpose practice fields. 4.4 Pursue opportunities to provide a recreation center in Anna. The community expressed a desire for indoor recreation options including a recreation center. The City has begun to explore opportunities to develop or partner on the development of a recreation center. Following identification of a preferred strategy, the City should proceed with development of a recreation center. 4.5 Identify and designate a site for a playground designed specifically for toddlers and young children. Community input noted a concern for child safety due to the lack of playgrounds designed for children ages two to five. As the City considers the installation of new playground equipment, consideration of more playgrounds for younger children should be a priority. All community and regional parks should include playgrounds for children ages two to five and children ages five to 12. Where there is sufficient space, this should be the goal for neighborhood parks as well. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)102 4.6 Review the organization of youth sports programs and consider restructuring team formats to enhance continuity for both coaches and participants across seasons. Throughout the engagement process, participants expressed a desire to restructure youth sports programming to allow teams to remain together across seasons. The City should evaluate the current organization of youth sports and consider restructuring team formats to enhance continuity for both coaches and participants. Sherley Heritage Park Recommendations | CHAPTER 4 103 Goal #5: Ensure all parks are safe, welcoming, and well-maintained for Anna neighbors to enjoy comfortably. 5.1 Conduct a staffing assessment to determine needs for expanded headcount. The City should conduct a Community Services Department staffing assessment to determine needs for additional staff. This assessment should consider NRPA standards for staffing levels, increased maintenance regularity, capacity to quickly address safety and security concerns, and handle recreational programming as the parks and recreation network in the City expands. 5.2 Ensure that adequate funding and staffing accompany park system expansions. This Plan includes recommendations for each park as well as potential acquisition of additional parkland in the future. As the City develops additional park facilities, it is also crucial to budget adequate funding and staffing to allow for increased park system maintenance and repairs. It is recommended that any park additions or renovations that cannot be adequately maintained be postponed until appropriate funding and staffing are available. 5.3 Develop a park system management plan. In order to improve the appearance and maintenance of the park system and expand existing offerings, the City should develop and adhere to a park system management plan or proactive maintenance plan. At a minimum, this plan should include: • An inventory of park assets • Proactive park maintenance plans for amenities • Replacement plans and schedules for amenities • Required training necessary to develop the specialized skill sets needed to maintain the parks (e.g., irrigation system maintenance, playground inspection) 5.4 Continue to address ADA-accessibility issues on a prioritized basis. The City has a reasonably good understanding of ADA-accessibility issues in the park system. It is recommended that the City continue to address these issues on a prioritized basis. If there are any park areas that have not been assessed (i.e., trails, playgrounds, parking areas, picnic facilities, etc.), the City should conduct an ADA assessment and incorporate the issues into its ongoing prioritized list. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)104 5.5 Ensure signage for park rules and regulations is consistently and clearly communicated across all parks. Consistent park signage, including construction materials and graphic content, helps residents and visitors navigate to/within parks, visually recognize City-owned parkland, and understand allowable behaviors. The City should develop a consistent parks branding strategy and update entry and wayfinding signs at all parks accordingly. Each park should have signs with the park name, rules, and contact information for maintenance and other requests. Entry signs should be located in prominently visible locations and have park names at an easily legible size. Park rules signage should be provided, where needed. 5.6 Increase shade in all parks and prioritize hard-top structure over fabric to reduce long-term maintenance. Providing ample shade throughout the park system is key to encouraging greater use throughout the year. It is recommended that the City provide additional shaded areas in each park, with a priority on hard-top shade structures in high-use locations to reduce long-term maintenance needs. Shade can also be provided through additional trees and limited use of shade fabric where appropriate. These efforts should be focused in gathering areas and along walking trails. 5.7 Evaluate opportunities for increased security in parks. Vandalism is a challenging issue in many of the City’s parks. It is recommended that the City evaluate opportunities to increase security in all City parks. This could be through things such as enhanced lighting, security cameras, open sight lines, and increased police patrols, among others. 5.8 Develop Park Design Guidelines. In addition to signage, incorporating consistent materials, furnishings, and maintenance standards across all City parks will strengthen the overall identity of the park system and improve efficiency in future design decisions. The City is currently developing park design guidelines to help guide the design and construction of new and renovated parks and recreation facilities. Once developed, these guidelines should be adhered to and updated as necessary over time. Recommendations | CHAPTER 4 105 Goal #6: Pursue partnerships and secure diverse funding sources to support park development, upgrades, and ongoing operations. 6.1 Pursue a Parks and Recreation bond. City staff are actively pursuing a Parks and Recreation bond to fund system-wide improvements and new facilities. This effort builds on strong community support, as nearly 60% of survey respondents indicated they would support or strongly support raising funds through a bond initiative for new parks and recreation facilities. As the bond process advances, the City should continue to identify priority projects, refine cost estimates, and engage residents to ensure transparency and sustained public backing. 6.2 Pursue grant funding from diverse sources and strengthen internal grant capacity. In order to maximize park system development potential, the City should consistently evaluate and pursue appropriate grant funding opportunities. This includes Texas Parks and Wildlife Grants as well as a variety of other recreational grants available to cities. To improve competitiveness and ensure timely applications, the City should support the addition of dedicated grant writing capacity to identify opportunities, prepare applications, and manage reporting requirements. Slayter Creek Park Skatepark CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)106 6.3 Evaluate opportunities for public-private partnerships to create a recreation center or community pool in Anna. Partnerships between cities and private-sector companies can be powerful tools to finance, build, or operate parks and recreation facilities. The City should evaluate public-private partnership opportunities to leverage resources and expand community offerings, including potential collaborations for a recreation center, community pool, or local business sponsorships. 6.4 When warranted, establish joint maintenance agreements with athletic leagues. While the City’s athletic facilities are primarily used for local programming, opportunities may arise for outside leagues to utilize these spaces as the parks system continues to grow. When this occurs, the City should establish joint maintenance agreements with participating leagues to clearly define responsibilities, ensure proper facility upkeep, and confirm that league fees adequately offset maintenance costs. 6.5 Coordinate and/or partner with local organizations and entities to provide additional parks and recreation opportunities for the community. The City should continue to pursue partnership opportunities to support the improvement and expansion of parks and recreation offerings in Anna. Potential collaborations could include: • Outdoor education programs in partnership with local schools, the library, and community organizations. • Indoor recreation programs coordinated with the library, civic groups, and other local partners. 6.6 Update the PROST Master Plan every five years. The community’s parks and recreation needs and desires will change as the population grows and demographics shift. The City should plan to update the Parks, Recreation, Open Space, and Trails Master Plan periodically to ensure that it reflects current needs and priorities. The TPWD recommends updating the Plan every five years or before any new major developments occur that significantly change the parks and recreation needs of residents. This can also help the City during a TPWD grant funding evaluation, as TPWD places a higher point value on submittals that demonstrate that a plan has been updated within the previous five years. All Plan updates should include a public involvement process. 6.7 Maintain current parks inventory and GIS data to ensure accurate information is available for future Plan updates. It is recommended that the City update their parks inventory to include additional information about all of the parks. This includes park addresses, location maps, additional photos, and complete lists of amenities. Recommendations | CHAPTER 4 107 5 IMPLEMENTATION INTRODUCTION The City of Anna’s Community Services Department is responsible for planning, upkeep, and improvement of the public parks, trails, and recreation facilities in the City. The department also plans and manages recreational programs, special events, and youth sports. The department will work with the Anna community and respective stakeholders to ensure the implementation of the PROST Master Plan. HIGH PRIORITY NEEDS This Plan includes a variety of recommendations to improve and expand the parks, facilities, trails and recreational programming in Anna. The Plan meets the TPWD’s requirements for a parks, recreation, and open space master plan, and can help increase the City’s competitiveness when applying for TPWD grant funding. Anna’s top priority parks facility needs are summarized in the table at the right. These are based on community input, needs assessments, consultant evaluation, and staff input. Future parks and recreation efforts should work toward fulfilling these community needs. New Facilities Needed Based on Community Input New Facilities Needed Based on Level of Service Upgraded Facilities Needed Based on Existing Condition 1. Trails 2. Publicly accessible pool/aquatic facility 3. Recreation Center 4. Indoor sports facilities 5. Playgrounds 1. Trails 2. Baseball/softball fields 3. Multipurpose practice fields 4. Publicly accessible pool/aquatic facility 5. Recreation Center 1. Shade, generally 2. Trails 3. Improved accessibility, generally 4. Restroom facilities 5. Improved soccer fields Top Cumulative Outdoor Facility Needs Top Cumulative Indoor Facility Needs 1. Trails 2. Access to nature areas 3. Baseball/softball fields 4. Multipurpose practice fields 5. Publicly accessible pool 6. Basketball courts 7. Splash pad 8. Improved playground equipment/inclusive playgrounds 9. Shaded picnic facilities, shelters, and pavilions 10. Events pavilion and amphitheater 1. Recreation center with programming and services 2. Indoor sports facilities 3. Indoor fitness Figure 33. Top Priority Facility Needs CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)110 PRIORITIZED ACTION PLAN Prioritization The recommended actions of this Plan have been prioritized based on the following criteria: • Level of need based on community input • Level of need based on the level of service • Existing conditions evaluations • Less complex actions that can create early wins Potential Cost Ranges Order of magnitude potential cost ranges are provided where possible in the action plan. These planning level cost ranges were created in 2025, based on a current understanding of the industry. Ultimate costs will be dependent on detailed design and construction plans, industry trends, and timing of implementation. Considering current high levels of inflation, costs should be re-evaluated closer to budgeting and implementation phases. Final costs will be dependent on future planning decisions made by the City. Time Frames Actions have been organized into short-term (1-3 years), mid-term (4-7 years), and long-term (8-10+ years), time frames, with an indication of actions that will be ongoing. Some actions will be initiated and completed within their designated time frame, while others may be initiated during their designated time frame and then completed over time. Actions have been ranked according to priority, however, long-term actions should be reevaluated and further prioritized in subsequent Plan updates. The priorities set forth in the Prioritized Action Plan on the following page are intended to guide staff and the City Council as they improve and operate the parks and recreation system for the next five to 10 years. This does not, however, preclude the City from initiating an action sooner than recommended if opportune circumstances arise. IMPLEMENTATION | CHAPTER 5 111 Rank #Action Initiation Time Frame (years) Potential Cost RangeShort-term (1-3) Mid-term (4-7) Long-term (8-10+) On-going Goal 1: Proactively acquire parkland and open space acreage to provide physical access to all existing and future residents of Anna. 1 1.1 Proactively pursue the acquisition of additional parkland acreage in the target areas. TBD 2 1.2 Review the parkland dedication ordinance and associated fees and modify as needed. Staff Hours Goal 2: Enhance and diversify existing parks and develop new amenities to best meet the needs and desires of the community. 1 2.16 Systematically address recreation amenity deficiencies. TBD 2 2.12 Improve Slayter Creek Park.$2,500,000-$3,500,000 3 2.2 Implement the Carol Park Development Plan. TBD 4 2.4 Implement the Hassie Lawrence Morgan Park Development Plan. TBD 5 2.3 Implement the Finley Park Concept Plan. TBD 6 2.10 Finalize design drawings for the improvement of Bryant Park. TBD 7 2.14 Prepare a Geer Park Master Plan.$55,000-$75,000 8 2.8 Prepare a concept plan for further development of Sherley Heritage Park.$35,000-$60,000 9 2.15 Implement the Geer Park Master Plan.$2,500,000-$3,500,000 10 2.9 Implement the Sherley Heritage Park Concept Plan.$500,000 - $750,000 11 2.7 Improve Johnson Park. $1,500,000 - $1,250,000 12 2.11 Improve Natural Springs Park. $2,000,000 - $3,000,000 Figure 34. Prioritized Action Plan CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)112 Rank #Action Initiation Time Frame (years) Potential Cost RangeShort-term (1-3) Mid-term (4-7) Long-term (8-10+) On-going 13 2.5 Improve and develop Henry Clay “Yank” Washington Park.TBD 14 2.1 Improve Baldwin Park.$1,750,000 - $2,500,000 15 2.13 Improve Pecan Grove Park.$500,000 - $750,000 16 2.6 Improve John Flavel Greer Park.$500,000 - $750,000 Goal 3: Improve and expand the City’s trail network to enhance connectivity between neighborhoods, parks, and destinations. 1 3.1 Continue expanding the City's trail network. $1,500,000-$2,500,000 Per Mile 2 3.2 Require all new and upgraded trail segments to meet the trail design standards adopted in 2021. Staff Hours 3 3.5 Develop solutions where future trails cross major thoroughfares. TBD 4 3.4 Incorporate shade, trees, and benches on all new trails. $4,000-$6,000 per 1/4 mile 5 3.3 Leverage floodplain and utility easements for trail expansion. TBD Goal 4: Provide a diverse range of recreational opportunities for all ages, abilities, and interests. 1 4.3 Develop new multipurpose practice fields to address space deficits and expand the capacity to host tournaments.$3,500,000-$4,500,000 2 4.4 Pursue opportunities to provide a recreation center in Anna. TBD 3 4.1 Expand recreational programming for teenagers.Staff Hours 4 4.2 Expand recreational programming for adults 50+.Staff Hours IMPLEMENTATION | CHAPTER 5 113 Rank #Action Initiation Time Frame (years) Potential Cost RangeShort-term (1-3) Mid-term (4-7) Long-term (8-10+) On-going 5 4.6 Review the organization of youth sports programs and consider restructuring team formats to enhance continuity for both coaches and participants across seasons.Staff Hours 6 4.5 Identify and designate a site for a playground designed specifically for toddlers and young children. $500,000-$750,000 Goal 5: Ensure all parks are safe, welcoming, and well-maintained for Anna residents to enjoy comfortably. 1 5.7 Evaluate opportunities for increased security in parks.TBD 2 5.4 Continue to address ADA-accessibility issues on a prioritized basis.TBD 3 5.2 Ensure that adequate funding and staffing accompany park system expansions.TBD 4 5.3 Develop a parks system management plan.Staff Hours 5 5.5 Ensure signage for park rules and regulations is consistent and clearly communicated across all parks.Staff Hours 6 5.6 Increase shade in all parks and prioritize hard-top structure over fabric to reduce long-term maintenance. $350,000-$500,000 7 5.1 Conduct a staffing assessment to determine needs for expanded headcount.Staff Hours 8 5.8 Develop Park Design Guidelines. TBD CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)114 Rank #Action Initiation Time Frame (years) Potential Cost RangeShort-term (1-3) Mid-term (4-7) Long-term (8-10+) On-going Goal 6: Pursue partnerships and secure diverse funding sources to support park development, upgrades, and ongoing operations. 1 6.1 Pursue a Parks and Recreation bond.Staff Hours 2 6.2 Pursue grant funding from diverse sources and strengthen internal grant capacity.Staff Hours 3 6.5 Coordinate and/or partner with local organizations and entities to provide additional parks and recreation opportunities for the community.Staff Hours 4 6.3 Evaluate opportunities for public-private partnerships to create a recreation center or community pool in Anna.Staff Hours 5 6.7 Maintain current parks inventory and GIS data to ensure accurate information is available for future plan updates.Staff Hours 6 6.4 When warranted, establish joint maintenance agreements with athletic leagues.TBD 7 6.6 Update the PROST Master Plan every five years.$60,000 - $100,000 IMPLEMENTATION | CHAPTER 5 115 FUNDING SOURCES General Fund This source of funding is supported by ad valorem tax revenues, which is capped by the state and is generally the primary source of funds for maintenance and operation of the existing park system. It is important to include funding for ongoing maintenance and staff requirements for new trails, park improvements, and recreation facilities. Bonds Bonds are generally the most common source used by cities for the purchase of land and for providing development monies. Debt financing through the issuance of municipal bonds is one of the most common ways to fund park, recreation and open space projects. This type of funding is a strategy wherein a city issues a bond, receives an immediate cash payment to finance projects, and must repay the bond with interest over a set period of time ranging from a few years to several decades. A general obligation bond, which must be approved by voters at an election, is amortized using ad valorem taxes and is used to fund capital projects that are not supported by a revenue source. These projects include water service, sanitary sewer service, and park acquisition and development. The availability of bonding for parks is often dependent upon the overall municipal needs financed by this source. Capital items such as purchase of land and physical improvements with a usable life expectancy of 15 to 20 years can be funded with general obligation bonds. A revenue bond finances projects that produce enough revenue to retire their debt, such as golf courses, batting cages and enterprise-oriented park projects. Developer Requirements This involves requiring new residential development to provide a dedication of land for parks (or fee in lieu of land), park development fees, and trail rights-of-way or easements to offset the City’s costs. Texas Parks and Wildlife Department Outdoor Recreation Grants The Texas Parks and Wildlife Department’s Local Park Grant Program includes multiple programs that assist local governmental entities with the acquisition and/or development of public recreation areas and facilities. In general, these grants provide percentage matching grant funds to local units of government to acquire and develop parkland, renovate existing public recreation areas, or construct recreation centers, nature centers and other indoor recreation-related buildings. Current grant requirements can be found at https://tpwd.texas.gov/business/grants/recreation-grants/about-local-parks-grants. Texas Parks and Wildlife Department Community Outdoor Outreach Program (CO-OP) Grants The CO-OP grant helps to introduce underserved populations to the services, programs and sites of TPWD. This is not a land acquisition or construction grant; this is only for programs. Grants are awarded to non-profit organizations, schools, municipalities, counties, cities and other tax-exempt groups. Funds may be used for direct program costs for outdoor recreation or environmental education and conservation programs. Texas Parks and Wildlife Department Recreational Trail Grants TPWD administers the National Recreational Trail Grants in Texas under the approval of the Federal Highway Administration (FHWA). This federally funded program receives its funding from a portion of federal gas taxes paid on fuel used in non-highway recreational vehicles. CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)116 Private Donations Financial assistance may come from individuals, organizations, or businesses interested in supporting the park system. Land dedication commonly occurs during development and can enhance the value of nearby residential areas, particularly neighborhoods with families and children. When land is acquired through this method, the City should be prepared to develop the park within a reasonable time frame and assume long-term maintenance responsibilities. Private donations may also include funds, facilities, recreation equipment, public art, and in-kind services. Sponsorships from local and regional businesses for events or facilities should be encouraged. A Parks Improvement Trust Fund may be established to manage donations from service organizations, benevolent citizens, estates, and other sources, creating a permanent funding resource in which the principal is preserved and interest is used to support park development. Partnerships with the School District and County The City can investigate opportunities to share park facilities and their associated cost with both the local school district and county as they have many common goals. Additionally, assets and costs can be shared between the entities to help meet each of their specific needs. For example, the City may purchase land next to a future school site and a school district may install the facilities, such as a playground, which can be enjoyed by the entire community. As a result, the entire community benefits. IMPLEMENTATION | CHAPTER 5 117 APPENDIX A SUPPLEMENTAL INFORMATION Engagement Advertisements - Instagram Online Survey Instagram Advertisement: May 23, 2025 Open House Instagram Advertisement: September 2, 2025 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)120 Engagement Advertisements - Facebook Online Survey Facebook Advertisement: June 18, 2025Online Survey Facebook Advertisement: June 17, 2025 Open House Facebook Advertisement: August 25, 2025 Appendix A 121 Public Survey CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)122 Appendix A 123 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)124 Appendix A 125 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)126 Appendix A 127 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)128 Appendix A 129 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)130 Community Engagement Touch-A-Truck Event - May 17, 2025 Appendix A 131 Community Open House - September 15, 2025 Community Engagement CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)132 Stakeholder Interviews Developers & Schools Interview Questions - May 25, 2025 Economic Development & Businesses Interview Questions - June 3, 2025 Appendix A 133 Youth Sports Interview Questions - June 17, 2025Residents Interview Questions - June 5, 2025 CITY OF ANNA | Parks, Recreation, Open Space, and Trails Master Plan Update (DRAFT)134 City Council Interview Questions - June 24, 2025 Appendix A 135 Prepared By: Freese and Nichols, Inc. 12770 Merit Drive Suite 900 Dallas Texas, 75251 214.217.2200 www.freese.com Item No. 6.a. City Council Agenda Staff Report Meeting Date: 3/10/2026 Staff Contact: AGENDA ITEM: Approve City Council Meeting Minutes for February 20, 2026 and February 24, 2026 (City Secretary Carrie Land) SUMMARY: FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: 1. 02-20-2026 Special Called Minutes 2. 02-24-2026 TIRX #9 Board Meeting Minutes 3. 02-24-2026 Executive Session Minutes 4. 02-24-2026 Regular Meeting Minutes Special Called City Council Meeting Minutes Friday, February 20, 2026 @ 10:30 AM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna met on Friday, February 20, 2026, at 10:30 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 Pro Tem Toten called the meeting to order at 10:34 AM. Members Present: Mayor Pro Tem Kevin Toten Deputy Mayor Pro Tem Stan Carver II Council Member Kelly Herndon Council Member Elden Baker Members Absent: Mayor Pete Cain Council Member Nathan Bryan Council Member Manny Singh 2. Neighbor Comments. There were no comments. 3. 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). 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). MOTION: Council Member Herndon moved to enter closed session. Council Member Baker seconded. Motion carried 4-0. Mayor Pro Tem Toten recessed the meeting at 10:37 AM. Council and Staff departed to an off-site location. Mayor Pro Tem Toten reconvened the meeting at 12:21 PM. 4. Reconvene into Open Session. 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. No action taken. 5. Adjourn. Mayor Pro Tem Toten adjourned the meeting at 12:21 PM. APPROVED this 10th day of March 2026. ____________________________________ Mayor Pete Cain ATTEST: _______________________________ City Secretary Carrie L. Land TIRZ #9 Board/City Council Meeting Minutes Tuesday, February 24, 2026 @ 5:20 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna met on Tuesday, February 24, 2026, at 5:20 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 5:20 PM. Members Present: Mayor Pro Tem Kevin Toten Council Member Nathan Bryan Council Member Kelly Herndon Council Member Elden Baker Council Member Manny Singh Members Absent: Mayor Pete Cain Deputy Mayor Pro Tem Stan Carver II 2. Neighbor Comments. No comments. 3. Items For Individual Consideration and Public Hearings. a. Consider/Discuss/Action on a Resolution of the Board of Directors for Tax Increment Reinvestment Zone Number Nine, City of Anna, Texas recommending approval of the final Reinvestment Zone Project Plan and Financing Plan to the City Council. MOTION: Council Member Herndon moved to approve. Council Member Baker seconded. Motion carried 5–0. 4. Adjourn. Mayor Pro Tem Toten adjourned the meeting at 5:22 PM. APPROVED this 10th day of March 2026. ____________________________________ Mayor Pete Cain ATTEST: _______________________________ City Secretary Carrie L. Land City Council Executive Session Meeting Minutes Tuesday, February 24, 2026 @ 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 an Executive Session on Tuesday, February 24, 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. Mayor Pro Tem Toten called the meeting to order at 5:32 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. Executive 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). Policies and Procedures 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 MOTION: Council Member Bryan moved to enter closed session. Council Member Baker seconded. Motion carried 6–0. Mayor Pro Tem Toten recessed the meeting at 5:32 PM. Mayor Pro Tem Toten reconvened the meeting at 6:04 PM. 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. No action taken. 4. Adjourn. Mayor Pro Tem Toten adjourned the meeting at 6:04 PM. APPROVED this 10th day of March 2026. ____________________________________ Mayor Pete Cain ATTEST: _______________________________ City Secretary Carrie L. Land Regular City Council Meeting Minutes Tuesday, February 24, 2026 @ 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, February 24, 2026, 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 6:07 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. Mr. Gary Billups spoke about a Code Compliance letter he received, issues with the downtown utilities, and the sidewalk project on 4th St. 4. Reports. Council Member Baker reported on the 190th anniversary of the "Victory or Death" Letter written by Lt. Travis during the siege of the Alamo. Mayor Pro Tem Toten reported on the Girls and Boys Coyotes Basketball teams playing in the playoffs. 5. Consent Items. Council Member Herndon requested items 5h and 5j to be pulled. MOTION: Council Member Herndon moved to approve Consent Items 5a - 5g, 5i, and 5k. Council Member Baker seconded. Motion carried 6-0. a. Approve City Council Meeting Minutes for February 4, February 6, and February 10, 2026. (City Secretary Carrie Land) b. Review Minutes of the January 8, 2026, Joint Community Development Corporation and Economic Development Corporation Board Meeting. (Interim Director of Economic Development Natasha Roach) c. Review Minutes of the January 5, 2026, Planning & Zoning Commission Meeting. (Director of Development Services Kaleb Kenter) d. Review minutes of the October 20, 2025, and January 20, 2026 Parks and Recreation Advisory Board Meetings (Acting Director of Community Services Jeff Freeth) e. Review Monthly Financial Report for the Month Ending January 31, 2026. (Director of Finance Terri Doby) f. Approve a Resolution adopting the updated Community Development Corporation and Economic Development Corporation Economic Development Incentive Policy and Incentive Request Application, establishing formal guidelines and evaluation criteria to support and stimulate business and commercial activity within the City of Anna. (Interim Director of Economic Development Natasha Roach) The proposed Resolution updates establish clear criteria, evaluation standards, and procedural guidelines for incentive requests, ensuring transparency, consistency, and alignment with the EDC’s strategic economic development goals. Approval of this item will provide staff and the CDC / EDC Board with a standardized framework for reviewing and approving future incentive requests while safeguarding public resources and promoting high-impact economic development projects. The CDC and EDC Board of Directors approved the updated Economic Development Incentive Policy and Incentive Request Application at the February 5, 2026, CDC/EDC Joint Board Meeting. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, APPROVING THE ANNA COMMUNITY DEVELOPMENT CORPORATION AND ANNA ECONOMIC DEVELOPMENT CORPORATION ECONOMIC DEVELOPMENT INCENTIVE POLICY AND INCENTIVE REQUEST APPLICATION. g. Approve a Resolution approving the First Amended Ground Lease Purchase Agreement and Performance Agreement between the Anna Community Development Corporation and GTP Food Group, LLC. (Interim Director of Economic Development Natasha Roach) The Board approved a Ground Lease Purchase Agreement and Performance Agreement with GTP Food Group, LLC on July 7, 2025. The Developer requested to amend the Original Agreement to extend certain deadlines and make minor modifications to those deadlines. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING A FIRST AMENDED GROUND LEASE PURCHASE AGREEMENT AND PERFORMANCE AGREEMENT BETWEEN THE ANNA COMMUNITY DEVELOPMENT CORPORATION AND GTP FOOD GROUP, LLC. h. Approve a Resolution of the City of Anna, Texas determining the costs of certain Authorized Improvements to be financed by the Sherley Tract Public Improvement District No. 2; approving a Preliminary Service Plan and Assessment Plan, including proposed Assessment Rolls; calling a regular meeting and noticing a Public Hearing for March 24, 2026 to consider an Ordinance Levying Assessments on property located within Improvement Area #2, Improvement area #3, and Improvement Area #4 of the Sherley Tract Public Improvement District no. 2; directing the filing of the proposed Assessment Rolls 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) MOTION: Council Member Herndon moved to take no action. Mayor Pro Tem Toten seconded. Motion carried 6-0. i. Approve a Resolution of the City of Anna, Texas determining the costs of certain Authorized Improvements to be financed within Improvement Area #3 of the Hurricane Creek Public Improvement District; approving a Preliminary 2026 Amended & Restated Service and Assessment Plan, including a proposed Improvement Area #3 Assessment Roll; calling a regular meeting and noticing a Public Hearing for March 24, 2026 to consider an Ordinance Levying Assessments on property located within Improvement Area #3 of the Hurricane Creek Public Improvement 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) A Subdivision Improvement Agreement was developed for the Hurricane Creek subdivision. The next steps for this item will be for the approval of PLOM and calling of a public meeting at subsequent meetings. A RESOLUTION OF THE CITY OF ANNA, TEXAS DETERMINING THE COSTS OF CERTAIN AUTHORIZED IMPROVEMENTS TO BE FINANCED WITHIN IMPROVEMENT AREA #3 OF THE HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT; APPROVING A PRELIMINARY 2026 AMENDED & RESTATED SERVICE AND ASSESSMENT PLAN, INCLUDING A PROPOSED IMPROVEMENT AREA #3 ASSESSMENT ROLL; CALLING A REGULAR MEETING AND NOTICING A PUBLIC HEARING FOR MARCH 24, 2026, TO CONSIDER AN ORDINANCE LEVYING ASSESSMENTS ON PROPERTY LOCATED WITHIN IMPROVEMENT AREA #3 OF THE HURRICANE CREEK PUBLIC IMPROVEMENT 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. j. Approve a Resolution of the City Council of the City of Anna, Texas Approving Fourth Amendment to Sherley Tract Subdivision Improvement Agreement. (Director of Public Works Joseph Cotton) MOTION: Council Member Herndon moved to take no action. Mayor Pro Tem Toten seconded. Motion carried 6-0. k. Approve a Resolution of the City Council of the City of Anna, Texas Approving Fifth Amendment to Villages of Hurricane Creek Subdivision Improvement Agreement. (Director of Public Works Joseph Cotton) The subdivision Improvement Agreement for the Villages of Hurricane Creek has been amended four prior times. The Fifth Amendment to the Villages of Hurricane Creek Subdivision Improvement Agreement is to sell PID bonds. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING FIFTH AMENDMENT TO VILLAGES OF HURRICANE CREEK SUBDIVISION IMPROVEMENT AGREEMENT. 6. Items For Individual Consideration and Public Hearings. a. Consider/Discuss/Action on a Resolution of the Board of Directors for Tax Increment Reinvestment Zone Number Nine, City of Anna, Texas recommending approval of the final Reinvestment Zone Project Plan and Financing Plan to the City Council. (Director of Public Works Joseph Cotton) A Development Agreement with Sherley Farms was approved by Council in 2025. As part of that agreement, the City was to support the development of a Tax Increment Redevelopment Zone (TIRZ) for the area contained within the development known as Sherley Farms. This item is for the creation of Reinvestment Zone Number Nine for Sherley Farms. MOTION: Council Member Herndon moved to Approve. Deputy Mayor Pro Tem Carver seconded. Motion carried 6-0. A RESOLUTION OF THE BOARD OF DIRECTORS FOR TAX INCREMENT REINVESTMENT ZONE NUMBER NINE, CITY OF ANNA, TEXAS RECOMMENDING APPROVAL OF THE FINAL REINVESTMENT ZONE PROJECT PLAN AND FINANCING PLAN TO THE CITY COUNCIL. b. Consider/Discuss/Action on an Ordinance of the City Council of the City of Anna, Texas, approving a final Tax Increment Reinvestment Zone Project and Finance Plan for Reinvestment Zone Number Nine, City of Anna, Texas; making certain findings; providing a severability clause; and providing for an immediate effective date. (Director of Public Works Joseph Cotton) MOTION: Council Member Herndon moved to Approve. Council Member Baker seconded. Motion carried 6-0. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, APPROVING A FINAL TAX INCREMENT REINVESTMENT ZONE PROJECT AND FINANCE PLAN FOR REINVESTMENT ZONE NUMBER NINE, CITY OF ANNA, TEXAS; MAKING CERTAIN FINDINGS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN IMMEDIATE EFFECTIVE DATE. c. Conduct a public hearing and take testimony on the proposed levy of assessments on property located within Improvement Area #1 of the Sherley Farms Public Improvement District pursuant to Chapter 372, Texas Local Government Code. (Director of Public Works Joseph Cotton) Mayor Pro Tem Toten opened the public hearing at 6:21 PM. No comments. Mayor Pro Tem Toten closed the public hearing at 6:21 PM. d. Consider/Discuss/Action on an Ordinance of the City Council of the City of Anna, Texas accepting and approving a Service and Assessment Plan and Assessment Roll for Improvement Area #1 of the Sherley Farms Public Improvement District; making a finding of special benefit to the property in the District; Levying Special Assessments against property within Improvement Area #1 of the District and establishing a Lien on such property; providing for the method of assessment and the payment of the assessments in accordance with Chapter 372, Texas Local Government Code, as amended, providing penalties and interest on delinquent Assessments, providing for severability, and providing an effective date. (Director of Public Works Joseph Cotton) In order to set up a PID on any particular property, the Council must take action on a number of items. MOTION: Council Member Herndon moved to approve. Council Member Baker seconded. Motion carried 6-0. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS ACCEPTING AND APPROVING A SERVICE AND ASSESSMENT PLAN AND ASSESSMENT ROLL FOR IMPROVEMENT AREA #1 OF THE SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT; MAKING A FINDING OF SPECIAL BENEFIT TO THE PROPERTY IN THE DISTRICT; LEVYING SPECIAL ASSESSMENTS AGAINST PROPERTY WITHIN IMPROVEMENT AREA #1 OF THE DISTRICT AND ESTABLISHING A LIEN ON SUCH PROPERTY; PROVIDING FOR THE METHOD OF ASSESSMENT AND THE PAYMENT OF THE ASSESSMENTS IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERNMENT CODE, AS AMENDED, PROVIDING PENALTIES AND INTEREST ON DELINQUENT ASSESSMENTS, PROVIDING FOR SEVERABILITY, AND PROVIDING AN EFFECTIVE DATE. e. Consider/Discuss/Action on an Ordinance authorizing the issuance of the "City of Anna, Texas, Special Assessment Revenue Bonds, Series 2026 (Sherley Farms Public Improvement District Improvement Area #1 Project)" in a principal amount not to exceed $35,000,000 payable from special assessments to fund public improvements in Improvement Area #1 of the Sherley Farms Public Improvement District; approving and authorizing an Indenture of Trust, a Bond Purchase Agreement, a Limited Offering Memorandum, a Continuing Disclosure Agreement, a Construction, Funding, and Acquisition Agreement, and other agreements and documents in connection therewith; making findings with respect to the issuance of such Bonds; and providing an effective date. (Director of Public Works Joseph Cotton) MOTION: Deputy Mayor Pro Tem Carver moved to approve. Council Member Herndon seconded. Motion carried 6-0. AN ORDINANCE AUTHORIZING THE ISSUANCE OF THE "CITY OF ANNA, TEXAS, SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2026 (SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #1 PROJECT)" IN A PRINCIPAL AMOUNT NOT TO EXCEED $35,000,000 PAYABLE FROM SPECIAL ASSESSMENTS TO FUND PUBLIC IMPROVEMENTS IN IMPROVEMENT AREA #1 OF THE SHERLEY FARMS PUBLIC IMPROVEMENT DISTRICT; APPROVING AND AUTHORIZING AN INDENTURE OF TRUST, A BOND PURCHASE AGREEMENT, A LIMITED OFFERING MEMORANDUM, A CONTINUING DISCLOSURE AGREEMENT, A CONSTRUCTION, FUNDING, AND ACQUISITION AGREEMENT, AND OTHER AGREEMENTS AND DOCUMENTS IN CONNECTION THEREWITH; MAKING FINDINGS WITH RESPECT TO THE ISSUANCE OF SUCH BONDS; AND PROVIDING AN EFFECTIVE DATE. f. Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance establishing zoning on 2.4± acres located on the west side of Leonard Avenue, 805± feet north of E. Foster Crossing Road to Local Commercial (C-1) with a Specific Use Permit for Daycare/School. (ZONE 25-0004) (SUP 26-0001) (Director of Development Services Kaleb Kentner) Zoning the property to Local Commercial with a Specific Use Permit for Daycare/School on 2.4± acres located on the west side of Leonard Avenue, 805± feet north of E. Foster Crossing Road. The Planning & Zoning Commission recommended approval of the zoning request for C-1 zoning at their January 5, 2026, meeting and recommended approval of the SUP request at their February 2, 2026, meeting. Mayor Pro Tem Toten opened the public hearing at 6:27 PM. No comments. Mayor Pro Tem Toten closed the public hearing at 6:27 PM. MOTION: Council Member Baker moved to approve with conditions. Council Member Herndon seconded. Motion Failed 3-3. Deputy Mayor Pro Tem Carver, Council Member Singh, and Mayor Pro Tem Toten opposed. Mayor Pro Tem Toten reopened the public hearing at 7:11 PM. Mr. Randy Sachs spoke in favor. Mayor Pro Tem Toten closed the public hearing at 7:14 PM. MOTION: Council Member Baker moved to approve a daycare with the conditions of starting construction within 14 months with a reasonable extension not to exceed six months. Council Member Herndon seconded. Motion carried 4-1-1. Mayor Pro Tem Toten opposed. Council Member Singh abstained. 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. (Property rezoned under this ordinance is generally located on the west side of Leonard Avenue, 805± feet north of E. Foster Crossing Road) City Council took a five-minute recess. g. Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance annexing 29.8± acres located on the north side of W. White Street (F.M. 455), 2,670± feet west of Standridge Boulevard in accordance with an approved Development Agreement (Res. No. 2025-08-1807) (ANX 26-0001) (Planning Manager Lauren Mecke) Anna Group, LLC is seeking to develop the property as a high-quality flex industrial office complex. The City Council approved a Pre-Annexation Development Agreement ("PADA") for the Trinity Creek project, requiring the property owner to submit a voluntary annexation petition. In approving the PADA, the City Council also approved the Agreement for Services in Subsection 9.6 of the PADA. Pursuant to Section 43.0672 of the Texas Local Government Code, the Agreement for Services requires that, immediately upon the effective date of the annexation of the property, the City must provide the property with all municipal services currently offered within the City, including, but not limited to, water, sewer, police, fire, animal control, trash collection, and any other services currently provided by the City or which may be offered by the City in the future. Mayor Pro Tem Toten opened the public hearing at 7:31 PM. Mr. Shawn Smith spoke in opposition to items 6g and 6h. Mr. G spoke in opposition to items 6g and 6h. Ms. Betty Sharp spoke in opposition to items 6g and 6h. Mayor Pro Tem Toten closed the public hearing at 7:43 PM. MOTION: Deputy Mayor Pro Tem Carver moved to approve. Council Member Baker seconded. Motion carried 4-1-1. Council Member Bryan opposed. Council Member Singh abstained. AN ORDINANCE ANNEXING THE HEREINAFTER DESCRIBED TERRITORY TO THE CITY OF ANNA, COLLIN COUNTY, TEXAS, AND EXTENDING THE BOUNDARY LIMITS OF SAID MUNICIPALITY SO AS TO INCLUDE SAID HEREINAFTER DESCRIBED PROPERTY WITHIN SAID MUNICIPAL CORPORATE LIMITS AND GRANTING TO ALL THE INHABITANTS OF SAID PROPERTY ALL THE RIGHTS AND PRIVILEGES OF OTHER CITIZENS AND BINDING SAID INHABITANTS BY ALL OF THE ACTS, ORDINANCES, RESOLUTIONS, AND REGULATIONS OF SAID CITY AS SET FORTH HEREIN; PROVIDING A REPEALER CLAUSE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. h. Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance to establish Planned Development zoning for 29.8± acres located on the north side of W. White Street (F.M. 455), 2,670± feet west of Standridge Boulevard in accordance with an approved Development Agreement (Res. No. 2025-08-1807) (PD 26- 0001) (Planning Manager Lauren Mecke) Zone 29.8± acres to a Planned Development for Light Industrial flex office buildings in accordance with an approved Development Agreement. Mayor Pro Tem Toten opened the public hearing at 8:15 PM. Mr. Terrell Culbertson spoke in opposition. Mayor Pro Tem Toten closed the public hearing at 8:19 PM. MOTION: Deputy Mayor Pro Tem Carver moved to approve with the prohibited uses list and any deviation will require a Special Use Permit (SUP). Council Member Baker seconded. Motion carried 4-1-1. Council Member Bryan opposed. Council Member Singh abstained. 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. (Property zoned under this Planned Development ordinance is generally located on the north side of W. White Street (F.M. 455), 2,670± feet west of Standridge Boulevard) i. Consider/Discuss/Action on a Resolution to enter into an Agreement with Parkhill for the Design of the New Police Headquarters. (City Engineer Kevin Bates, P.E., CFM) This item is to approve the execution of a professional service agreement with Parkhill to design a detailed schematic, full plans and specifications, as well as assist with the selection process of a construction manager at risk (CMAR) contractor and provide construction phase services for the new police headquarters. MOTION: Council Member Baker moved to Approve. Mayor Pro Tem Toten seconded. Motion carried 6-0. A RESOLUTION OF THE CITY OF ANNA, TEXAS AUTHORIZING THE ACTING CITY MANAGER TO EXECUTE AN AGREEMENT FOR PROFESSIONAL SERVICES WITH PARKHILL FOR THE DESIGN OF THE NEW ANNA POLICE HEADQUARTERS, IN THE AMOUNT NOT TO EXCEED TWO MILLION THREE HUNDRED SIXTY THOUSAND FIVE HUNDRED NINE DOLLARS AND ZERO CENTS ($2,360,509) AND PROVIDING FOR AN EFFECTIVE DATE. j. Consider/Discuss/Action on appointing a new Treasurer to serve on the Housing Finance Corporation and Public Finance Corporation Board of Directors until the term expires in 2027. (Interim Director of Economic Development Natasha Roach) Council Member Herndon has resigned from her position as Treasurer for both the HFC and PFC Boards. She will remain on the board but will no longer hold an office. Per the Bylaws, vacancies in an office can be filled by the Board of Directors. The term to hold an office is 3 years. This appointment was made in July 2024 and is in year 2 of the term. This appointment will be made to serve out the remaining 1 year to expire in 2027. MOTION: Council Member Baker moved to absolve the position of Treasurer. Mayor Pro Tem Toten seconded. Motion carried 6-0. 7. 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). Policies and Procedures 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 MOTION: Council Member Herndon moved to enter closed session. Council Member Bryan seconded. Motion carried 6-0. Mayor Pro Tem Toten recessed the meeting at 9:08 PM. Mayor Pro Tem Toten reconvened the meeting at 9:36 PM. 8. 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. MOTION: Council Member Baker moved to extend the acting City Manager's contract until the new City Manager's start date. Council Member Herndon seconded. Motion carried 5-0-1. Council Member Singh abstained. 9. Adjourn. Mayor Pro Tem Toten adjourned the meeting at 9:38 PM. APPROVED this 10th day of March 2026. ____________________________________ Mayor Pete Cain ATTEST: _______________________________ City Secretary Carrie L. Land Item No. 6.b. City Council Agenda Staff Report Meeting Date: 3/10/2026 Staff Contact: Steven Smith AGENDA ITEM: Approve a Resolution authorizing the City Manager to execute a contract for mowing services with NTSM, LLC. (Assistant Public Works Director, Steven Smith) SUMMARY: In order to properly meet the growing responsibilities of mowing and maintaining public right-of-way and facility grounds, the City publicly advertised a bid for request for proposals for mowing services. The City held a non-mandatory pre-submittal meeting on February 5, 2026. The City opened proposals on February 12, 2026. Fifteen proposals were received. The best value and best qualified proposal was received from NTSM, LLC. Staff has reviewed the proposals and the references and qualifications of NTSM, LLC, and is recommending the City to enter into a contract for mowing and landscaping services. The contract amount of $147,265.92 for the next 12 months, with a contingency amount of $36,000.00. Contract which will begin on April 1, 2026. Exhibit A, attached, shows the areas identified for the contract services. The Public Works and Parks Departments will implement and manage the contract for this work. FINANCIAL IMPACT: Funding for this contract is available in the FY2026 Park Maintenance General Fund, Stormwater Fund and Utility Fund budgets in the amount of $183,265.92 which includes $36,000 in contingencies. BACKGROUND: The City of Anna is responsible for mowing and maintaining many areas of public right- of-way and public works facility grounds in the community. It is important to maintain a professional appearance for the public right-of-way and city properties. Contract mowing is the most cost effective way to properly perform this work, as it requires less city staff and city owned and maintained equipment. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Excellent. ATTACHMENTS: 1. Resolution - Award Mowing Contract - 2026 2. RFP Mowing Services - ScoringSummary 3. Agreement for Services - Mowing Contract 4. City of Anna - COI 5. Form 1295 Certificate 101498065 6. NTSM, LLC - CIQ Form CITY OF ANNA, TEXAS , the City of Anna has publicly advertised and opened request for proposals for mowing services contract, including Parks, and Public Works sites maintenance services for right-of-way and city property in the City of Anna, Texas; and, , the City has identified funding for the contract to come from Parks Maintenance Fund, Street Maintenance, Stormwater funds and the Utility Fund; and, , NTSM, LLC, provided the best value and best qualified proposal for the contract; and, The City of Anna has reviewed the references, qualifications, and capabilities of NTSM, LLC, to meet the terms of the contract, and has determined that NTSM, LLC has the experience, staff, equipment, and qualifications to perform the work; and, the City of Anna seeks to enter into an annual agreement for contract services with NTSM, LLC for mowing maintenance services; and, Section 1. Recitals Incorporated The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. Authorization of Payment and Funding. That the City Council of the City of Anna hereby awards the contract for landscape maintenance services to NTSM, LLC, in an amount not to exceed $183,265.92, which includes contingencies of $36,000 and authorizes the City Manager to execute the contract for the City of Anna. That funding for the contract comes from Parks Maintenance Funds in the amount of $62,904.000, Stormwater Fund in the amount of $74,058.72, and the Utility Fund in the amount of $10,303.20. Contingencies will be covered by Street Maintenance Fund and Park Fund. by the City Council of the City of Anna, Texas on this ___ day of March 2026. ATTEST: APPROVED: __________________________ __________________________ City Secretary, Carrie Land Mayor, Pete Cain Exhibit A Supplier Scoring Summary 2026-016 Addendum 2 - RFP Mowing Services - Scoring Round Supplier Rank Score RFQ Scoring Criteria Bid Amount Experience & Key Proje Capacity to Perform References 100 40.00 20.00 30.00 10.00 NTSM, LLC 1 80.33 26.33 18.00 27.00 9.00 Yellowstone Landscape Central 2 71.01 39.51 12.00 15.00 4.50 SMI 3 70.78 27.78 15.00 21.00 7.00 Nicoss Landscape LLC 4 65.46 20.96 16.00 21.00 7.50 L&S Landscaping Service 5 57.00 40.00 6.00 7.50 3.50 SunGrow DFW LLC 6 56.09 11.09 15.00 22.50 7.50 R&J Lawns Inc.7 55.70 21.20 11.00 18.00 5.50 American Landscape Systems Inc 8 53.93 15.93 13.00 19.50 5.50 Weisz Selection Lawn & Landsca 9 52.17 18.17 12.00 16.50 5.50 Abescaper Group LLC 10 52.17 17.67 12.00 16.50 6.00 Royce Lawn & Landscaping, LLC 11 48.33 11.83 12.00 19.50 5.00 All Seasons Lawncare 12 48.31 12.31 11.00 19.50 5.50 Pace Construction Services 13 48.23 14.73 12.00 16.50 5.00 Earthworks Landscape and Maint 14 47.04 0.04 15.00 25.50 6.50 U.S. Lawns of Sherman 15 46.58 15.58 10.00 16.50 4.50 56.88 19.54 12.67 18.80 5.87 PAGE 1 [MOWING SERVICES AGREEMENT] STATE OF TEXAS § § COUNTY OF COLLIN § AGREEMENT FOR MOWING SERVICES This agreement (“Agreement”) is made by and between the City of Anna, Texas (“City”) and NTSM, LLC dba: Perfect Finish], a Texas limited liability Company (“Contractor”) (each a “Party” and collectively the “Parties”), acting by and through their authorized representatives. RECITALS: WHEREAS, the City desires to engage the services of the Contractor as an independent contractor, and not as an employee, to provide the labor, goods, materials, equipment and services (collectively the “Services”) described in the Contract Documents (hereinafter defined) for Mowing Services for Parks and Public Works (the “Project”); and WHEREAS, the Contractor desires to provide the labor, goods, materials, equipment, installation and services described in the Contract Documents in accordance with the terms and conditions set forth in this Agreement (hereinafter defined as the “Work”); and WHEREAS, City solicited competitive proposals pursuant to Request for Proposals No. 2026-016 Mowing Services (hereinafter defined as the “RFP”); and NOW THEREFORE, in exchange for the mutual covenants set forth herein, and other valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the Parties agree as follows: Article I Term; Termination 1.1 Term. The initial term of this Agreement shall be for a period of one (1) year commencing on the last date of execution hereof (the “Effective Date”) with the option to renew the agreement for up to three (3) additional one (1) year periods. Either party may elect not to renew this Agreement by giving notice to the other party at least thirty (90) days prior to the end of the original or any renewal term. 1.2 Termination. This Agreement may be terminated upon any one of the following: (a)by written agreement of the Parties; (b)upon written notice by either Party in the event the other Party breaches any of the terms or conditions of this Agreement and such breach is not cured within thirty (30) days after written notice thereof; or (c)upon written notice by City, if the Contractor suffers an event of Bankruptcy or Insolvency (for purpose of this section “Bankruptcy or Insolvency” shall mean the dissolution or termination of Contractor’s existence as a going business, insolvency, appointment of receiver for PAGE 2 [MOWING SERVICES AGREEMENT] any part of Contractor’s property and such appointment is not terminated within ninety (90) days after such appointment is initially made, any general assignment for the benefit of creditors, or the commencement of any proceeding under any bankruptcy or insolvency laws by or against Contractor and such proceeding is not dismissed within ninety (90) days after the filing thereof); Article II Scope of Work; Contract Documents 2.1 The Contract Documents shall include the documents identified below and are incorporated herein for all purposes. The Contract Documents are in descending order of precedence. Any conflict between or among any of the documents shall be resolved in favor of the document with higher precedence: A. This Agreement; B. The Contractor’s Proposal attached hereto. 2.2 Contractor shall perform the Work (hereinafter defined) as set forth in the Contract Documents. Article III Project Scope of Work 3.1 General. Contractor shall perform the “Work” required, implied or reasonably inferable from the Contract Documents for the Services. The term “Work” shall mean whatever is done by the Contractor or required of the Contractor to perform and complete its duties under this Agreement including but not limited to the furnishing of any requested insurance, and the provision and furnishing of labor, supervision, goods, services, materials, tools, fuel, equipment and permits required by this Agreement necessary unless otherwise specified in the Contract Documents. 3.2 Notice to Proceed. Contractor shall not commence the Work necessary until receipt of a written notice to proceed from the City unless otherwise provided in the Contract Documents. Contractor shall commence the Work required under the Contract Documents within ten (10) calendar days after receipt of the City written notice to proceed. Any Work performed or expenses incurred by Contractor prior to Contractor receipt of the written notice to proceed shall be at the sole risk and cost of the Contractor and shall not be eligible for payment by City under the Contract Documents. 3.3 Change Orders. (a) City, may from time to time, authorize change orders after the performance of the Work under the Contract has commenced necessary to decrease, increase the quantity of Work to be performed or materials, equipment or supplies to be furnished by the Contractor. (b) The execution of a change order by the Contractor shall constitute the Contractor’s agreement to the ordered changes to the Work under the Contract Documents. Contractor by PAGE 3 [MOWING SERVICES AGREEMENT] executing the change order waives and releases any claim against the City for additional time or compensation relating to the Work included in the change order. (c)Any Work performed, or expenses incurred by Contractor prior to execution of the approved change order shall be at the sole risk and cost of the Contractor and shall not be eligible for payment by City under the Contract Documents. 3.4 Cleaning the Project Site. Contractor shall cause the Project site to be kept reasonably clean during performance of the Project Work. Upon completion of the Project Work, Contractor shall cause the Project site to be cleaned and cause the removal of all waste, rubbish, temporary structures, and other materials together with all of Contractor's property therefrom. Contractor shall cause the disposal of all refuse at a TCEQ approved landfill. Contractor shall cause the restoration of all property damaged during the prosecution of the Project Work and shall leave the Project site in a clean and presentable condition. No additional payment shall be made by the City for this work, the compensation having been considered and included in the Project Price. 3.5 Suspension or Stoppage of Work. (a)City shall have the right to immediately suspend the Work wholly or in part for such period or periods of time as it may deem appropriate due to unsuitable considerations considered unfavorable for the proper prosecution of the Work or for failure of the Contractor to carry out the instructions from the City or if City determines in its sole discretion that Contractor has, or will fail to perform, in accordance with this Agreement. In such event, any payments due Contractor shall be suspended until Contractor has taken satisfactory corrective action. During any period in which the Contractor shall not be compensated for periods of delay caused by suspension of Work by City. If Work is suspended due to no fault of Contractor, an extension of time shall be granted by City by change order upon written application, which extension shall not be unreasonably denied. (b)If Contractor persistently fails or refuses to perform the Work in accordance with this Agreement, or if City has sufficient reason to believe that Contractor is not and will not complete the Work by the scheduled date for completion or if the best interests of the public health, safety or welfare so require, City may order the Contractor to stop the Work, or any described portion thereof, until the cause for stoppage has been corrected, no longer exists, or the City orders that Work be resumed. In such event, the Contractor shall immediately obey such order. 3.6 Contractor Representations. Contractor represents and covenants that its forces can perform the Work for the Project and agrees to work simultaneously with any representatives assigned by or contracted by the City, as a part of the Project to ensure continuity of Project Work. 3.7 Contractor Representative. Contractor agrees to provide a representative on the Project site at all times Work is being performed, for communication with the City, receiving materials and equipment, directing Contractors Work, and to provide daily Project clean-up. 3.8 Compliance with applicable law. Contractor shall and shall cause its employees and sub-contractors to comply with all personnel safety programs applicable for the Project Work and to keep the Project area clean and free from debris on a daily-basis, and to keep noise and obnoxious PAGE 4 [MOWING SERVICES AGREEMENT] odors to a minimum. Personnel safety programs include but are not limited to protective eyewear; protective clothing; appropriate footwear; ear protection; hard hat, and reflective vest. The Contractor shall comply with all applicable federal, State, and local laws regarding occupational safety and health, as well as providing protection of the environment. This shall include but is not limited to compliance with the U.S. Department of Labor-Occupational Safety and Health Administration (OSHA), and the U.S. Environmental Protection Agency (EPA) guidelines and regulations. 3.9 Project Work Disturbance. In the event Project work by the Contractor and/or its subcontractors disrupts any City service, causes damage to City property, or causes harm to any person, Contractor agrees, at its sole cost and expense, to immediately contact the City Project Manager, while providing appropriate emergency response, including but not limited to, calling police, fire and/or the appropriate utility company regarding service. 3.10 Criminal Backgrounds. From time to time, at its sole discretion, the City may require criminal background checks on Contractor and its employees (and its sub-contractors and its employees) who will be performing after-hours Work, and/or require access to Public Safety or City facilities, technology rooms, or secure areas. Criminal background checks are conducted in accordance with Department of Public safety regulations at no charge to the Contractor. All information obtained as part of the criminal background process is kept strictly confidential. Contractor agrees to submit and cause its employees (and to cause its sub-contractor and its employees) to the criminal background process, if required by the City. All decisions regarding Contractor and its employees (and its sub-contractor and its employees) access to City facilities are final. 3.11 Contractor Conduct. Contractor (and its sub-contractors) representatives, and employees shall conduct themselves in a professional and workmanlike manner at all times when performing the Work and on the Project site, including waring appropriate clean work attire consistent with the type of work being performed, and hard hat, reflective vest, and protective eyewear when required by the Contract Documents. The use of any tobacco product, including smokeless tobaccos, vapor and E-cigarettes, inside City facilities is prohibited. Smoking is permitted outside of City facilities, in designated smoking areas, if at least 50-feet from any facility door. City shall cause the removal of, and, to require Contractor to remove Contractor’s (and its sub-contractor’s) employees from the Project site if in violation of the foregoing standards. Article IV Compensation and Method of Payment 4.1 General. (a) Contract Price. City shall pay, and Contractor shall accept, as full and complete payment for the Work required under the Contract Documents a total amount not to exce ed One Hundred forty-seven thousand, two hundred sixty-five and 92/100 Dollars ($147,265.92) (the “Contract Price”) to be paid as set forth herein. (b) Payment of the Contract Price. Unless otherwise provided in the Contract Documents the Contractor shall be paid on a monthly-basis within thirty (30) days after City receipt of the PAGE 5 [MOWING SERVICES AGREEMENT] Contractor’s detailed monthly itemized invoice for Work and City verification of the work and Services set forth in the Contractor’s monthly invoice. Contractor shall submit a monthly invoice on or before the 5th calendar day of each month beginning with the first calendar month following the date of the City notice to proceed for the Work provided during the previous ending calendar monthly period, in a form prescribed by the City of Anna, if applicable. The Contractor’s detailed monthly itemized invoice shall, at a minimum include and show the Contract Price, the billing period, Project name, contract number issued by the City, amount of Work complete, percentage of the Work completed, the amount of Work being invoiced, amount of any City approved change orders and the amount of the Contract Price remaining to be paid. 4.2 Project Records and Audits. Contractor shall keep, and cause each sub-contractor to keep, a complete and accurate record to document the performance of the Work and to expedite any audit that might be conducted by City. Contractor shall maintain, and cause each contractor to maintain all books, documents, papers, accounting records and other documentation relating to costs incurred under this Agreement for the Work; and Contractor shall make, and cause each contractor to make such materials available to City for review and inspection during the term of this Agreement and for a period of two (2) years from the date of City acceptance of the Work, or until any pending litigation or claims are resolved, whichever is later. 4.3 No Damages for Delay. No claim shall be made by the Contractor to City, and no damages, costs or extra compensation shall be allowed or paid by City to Contractor for any delay or hindrance from any cause in the progress or completion of the Work or this Agreement. The Contractor’s sole remedy in the event of any delay or hindrance shall be to request time extensions by written change order. Should the Contractor be delayed by an act of City, or should City order a stoppage of the Work for insufficient cause, an extension of time shall be granted by the City by written authorization upon written application, which extension shall not be unreasonably denied, to compensate for the delay. Article V Devotion of Time; Personnel; and Equipment 5.1 Contractor shall devote such time as reasonably necessary for the satisfactory performance of the Work under this Agreement. Should the City require additional services not included under this Agreement, Contractor shall make reasonable efforts to provide such additional services within the time schedule without decreasing the effectiveness of the performance of the Work required under this Agreement, and shall be compensated for such additional services on a time and materials basis, in accordance with Contractor’s standard hourly rate schedule, or as otherwise agreed in writing by the Parties. 5.2 To the extent reasonably necessary for the Contractor to perform the Work under this Agreement, Contractor shall be authorized to engage the services of any agents, assistants, persons, or corporations that the Contractor may deem proper to aid or assist in the performance of the Work under this Agreement. The cost of such personnel and assistance shall be included as part of the total compensation to be paid Contractor hereunder and shall not otherwise be reimbursed by the City unless provided differently herein. PAGE 6 [MOWING SERVICES AGREEMENT] 5.3 Contractor shall furnish the facilities, equipment and personnel necessary to perform the Work required under this Agreement unless otherwise provided herein, without relying on City resources for water, sewage disposal, cleaning, or any other waste disposal. Article VI Miscellaneous 6.1 Entire Agreement. This Agreement constitutes the sole and only agreement between the Parties and supersedes any prior understandings written or oral agreements between the Parties with respect to this subject matter. 6.2 Assignment. The Contractor may not assign this Agreement, without the prior written consent of the City. 6.3 Successors and Assigns. Subject to the provisions regarding assignment, this Agreement shall be binding on and inure to the benefit of the Parties to it and their respective heirs, executors, administrators, legal representatives, successors and assigns. 6.4 Governing Law. The laws of the State of Texas shall govern this Agreement without regard to any conflict of law rules; and exclusive venue for any action concerning this Agreement shall be in one of the State District Courts of Collin County, Texas. The Parties agree to submit to the personal and subject matter jurisdiction of said court. 6.5 Amendments. This Agreement may be amended by the mutual written agreement of the Parties. 6.6 Severability. In the event any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions, and the Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been contained in it. 6.7 Independent Contractor. It is understood and agreed by and between the Parties that Contractor, in satisfying the conditions of this Agreement, is acting independently and the City assumes no responsibility or liabilities to any third party in connection with these actions. All Work to be performed by Contractor pursuant to this Agreement shall be in the capacity of an independent contractor, and not as an agent or employee of the City. At no time shall the City have any control over or charge of the Work or the design, construction or installation of any of the improvements to the Property or related work or undertakings, nor the means, methods, techniques, sequences or procedures utilized for the design, construction or installation related to same. This Agreement does not create a joint enterprise or venture between the City and Contractor. 6.8 Notices. Any and all notices required to be given by either of the Parties hereto must be in writing and will be deemed delivered upon personal service, if hand-delivered, or when mailed in the United States mail, certified, return receipt requested, addressed as follows: To City: City of Anna PAGE 7 [MOWING SERVICES AGREEMENT] Marc Marchand, Acting City Manager 120 W 7th Street Anna, Texas 75409 With a copy to: Wolfe, Tidwell & McCoy, LLP Attn: Clark McCoy 2591 Dallas Parkway, Suite 300 Frisco, Texas 75034 To Contractor: ______________________ ______________________ ______________________ ______________________ 6.9 Insurance. (a) Contractor shall during the term hereof maintain in full force and effect the following insurance: (i) a comprehensive general liability policy of insurance for bodily injury, death and property damage insuring against all claims, demands or actions relating to the Contractor’s performance of services pursuant to this Agreement with a minimum combined single limit of not less than $1,000,000.00 per occurrence for injury to persons (including death), and for property damage, and minimum aggregate limit of not less than $2,000,000.00 (this policy shall be primary to any policy or polices carried by or available to City and shall include products/completed operations coverage with a minimum aggregate of $2,000,000.00 and personal and advertising injury coverage with a minimum occurrence limit of $1,000,000.00); (ii) policy of automobile liability insurance covering any vehicles owned and/or operated by Contractor, its officers, agents, and employees, and used in the performance of this Agreement with policy limits of not less than $1,000,000.00 combined single limit and aggregate for bodily injury, death and property damage; (iii) statutory Worker’s Compensation Insurance and shall include bodily injury, occupational illness or disease coverage with Employers Liability limits of $1,000,000/$1,000,000/$1,000,000 covering all of Contractor’s employees involved in the provision of services under this Agreement and shall contain an Alternate Employer Endorsement to include the City being named an Alternate Employer under the Workers Compensation policy. A copy of the endorsement shall be provided to the City and attached to the Certificate of insurance signed by person authorized by the insurer to confirm coverage on its behalf; and (iv) Excess Liability Insurance with a limit of not less than $2,000,000.00. Such policy shall be in excess of the commercial general liability insurance, automobile insurance and employer’s liability insurance. This insurance shall be primary to any policy or polices carried by or available to City and shall be provided on a “following form basis. (b) All policies of insurance shall be endorsed to provide the following provisions: (1) name the City, its council, officers, officials, and employees as additional insureds as to all applicable coverage with the exception of Workers Compensation Insurance; (2) provide for a waiver of subrogation against the City for injuries, including death, property damage, or any other loss to the extent the same is covered by the proceeds of insurance and (3) provide for at least thirty (30) days PAGE 8 [MOWING SERVICES AGREEMENT] prior written notice to the City for cancellation, non-renewal, and/or material changes of the policies of the insurance. In the event the companies providing the required insurance are prohibited by law to provide any such specific endorsements Contractor shall provide at least thirty (30) days prior written notice to the City of any cancellation, non-renewal and/or material changes to any of the policies of insurance. (c) All insurance companies providing the required insurance shall be authorized to transact business in Texas and rated at least “A” by AM Best or other equivalent rating service. (d) A certificate of insurance and copies of the policy endorsements evidencing the required insurance shall be submitted prior to commencement of the Work and upon request by the City. (e) Contractor shall cause its subcontractors performing the Work to obtain and maintain the insurance coverages as required in Section 6.9 (a) – (d) herein, which shall remain in full force and effect during the term of this Agreement. 6.10 Indemnification. CITY SHALL NOT BE LIABLE FOR ANY LOSS, DAMAGE, OR INJURY OF ANY KIND OR CHARACTER TO ANY PERSON OR PROPERTY ARISING FROM THE WORK OF CONTRACTOR PURSUANT TO THIS AGREEMENT. CONTRACTOR HEREBY WAIVES ALL CLAIMS AGAINST CITY, ITS COUNCIL, OFFICERS, OFFICIALS, ATTORNEYS, AGENTS AND EMPLOYEES (COLLECTIVELY REFERRED TO IN THIS SECTION AS “CITY”) FOR DAMAGE TO ANY PROPERTY OR INJURY TO, OR DEATH OF, ANY PERSON ARISING AT ANY TIME AND FROM ANY CAUSE OTHER THAN THE NEGLIGENCE OR WILLFUL MISCONDUCT OF CITY OR BREACH OF CITY’S OBLIGATIONS HEREUNDER. CONTRACTOR AGREES TO DEFEND, INDEMNIFY AND SAVE HARMLESS CITY FROM AND AGAINST ANY AND ALL LIABILITIES, DAMAGES, CLAIMS, SUITS, COSTS (INCLUDING COURT COSTS, ATTORNEYS’ FEES AND RELATED EXPENSES AND COSTS OF INVESTIGATION) AND ACTIONS OF ANY KIND BY REASON OF INJURY TO OR DEATH OF ANY PERSON OR DAMAGE TO OR LOSS OF PROPERTY TO THE EXTENT CAUSED BY THE CONTRACTOR’S NEGLIGENT PERFORMANCE OF THE WORK UNDER THIS AGREEMENT OR BY REASON OF ANY INTENTIONAL OR NEGLIGENT ACT OR OMISSION ON THE PART OF CONTRACTOR, ITS OFFICERS, DIRECTORS, SERVANTS, EMPLOYEES, REPRESENTATIVES, CONSULTANTS, LICENSEES, SUCCESSORS, SUBCONTRACTORS OR PERMITTED ASSIGNS (EXCEPT WHEN SUCH LIABILITY, CLAIMS, SUITS, COSTS, INJURIES, DEATHS OR DAMAGES ARISE FROM OR ARE ATTRIBUTED TO NEGLIGENCE OF THE CITY, IN WHOLE OR IN PART, IN WHICH CASE CONTRACTOR SHALL INDEMNIFY CITY ONLY TO THE EXTENT OR PROPORTION OF NEGLIGENCE ATTRIBUTED TO CONTRACTOR AS DETERMINED BY A COURT OR OTHER FORUM OF COMPETENT JURISDICTION). THE CONTRACTOR’S OBLIGATIONS UNDER THIS SECTION SHALL NOT BE LIMITED TO THE LIMITS OF COVERAGE OF INSURANCE MAINTAINED OR REQUIRED TO BE MAINTAINED BY CONTRACTOR UNDER THIS AGREEMENT. THIS PROVISION SHALL SURVIVE THE TERMINATION OF THIS AGREEMENT. PAGE 9 [MOWING SERVICES AGREEMENT] WITHOUT LIMITING THE FOREGOING, AND TO THE FULLEST EXTENT PERMITTED BY LAW, CONTRACTOR HEREBY DEFENDS, INDEMNIFIES AND HOLDS HARMLESS CITY FROM AND AGAINST ALL DAMAGES, LOSSES, COSTS, AND EXPENSES, INCLUDING BUT NOT LIMITED TO REASONABLE ATTORNEYS’ FEES, INCURRED BY CITY IN CONNECTION WITH ANY ACTION AGAINST CITY FOR PERSONAL INJURY OF ANY EMPLOYEE OF THE CONTRACTOR OR ANY OF CONTRACTORS’S SUB-CONTRACTORS AND CONSULTANTS OR ANYONE DIRECTLY OR INDIRECTLY EMPLOYED BY THEM, BROUGHT BY SUCH INJURED EMPLOYEE OR THE EMPLOYEE'S WORKERS COMPENSATION INSURANCE CARRIER EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENCE OF CITY. 6.11 Debarment and Suspension. (a) In accordance with 2 CFR section 180.300, the principal of this Agreement as described in 2 CFR section 180.995 being duly sworn or under penalty of perjury under the laws of the United States, certifies that neither this company nor its principals are presently debarred, suspended, proposed for debarment, declared ineligible or voluntarily excluded from participation in this transaction by any federal department or agency, the State of Texas or any of its departments or agencies. (b) If during the Agreement period the principal becomes debarred, suspended, proposed for debarment, declared ineligible or voluntarily excluded from participation, the principal shall immediately inform the City. (c) For contracts that are financed by Federal or State grants, the principal agrees that this section will be enforced on each of its subcontractors and will inform the City of any violations of this section by subcontractors to the contract. (d) The certification in this section is a material representation of fact relied upon by the City in entering into this contract. 6.12 Counterparts. This Agreement may be executed by the Parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Each counterpart may consist of any number of copies hereof each signed by less than all, but together signed by all of the Parties hereto. 6.13 Exhibits. The exhibits attached hereto are incorporated herein and made a part hereof for all purposes. 6.14 Statutory Verifications. The Contractor makes the following representations and covenants pursuant to Chapters 2252, 2271, 2274, and 2276, Texas Government Code, as heretofore amended (the “Government Code”), in entering into this Agreement. As used in such verifications, “affiliate” means an entity that controls, is controlled by, or is under common control with the Contractor within the meaning of SEC Rule 405, 17 C.F.R. § 230.405, and exists to make a profit. PAGE 10 [MOWING SERVICES AGREEMENT] Liability for breach of any such verification during the term of this Agreement shall survive until barred by the applicable statute of limitations, and shall not be liquidated or otherwise limited by any provision of this Agreement, notwithstanding anything in this Agreement to the contrary. (a) Not a Sanctioned Company. The Contractor represents that neither it nor any of its parent company, wholly- or majority-owned subsidiaries, and other affiliates is a company identified on a list prepared and maintained by the Texas Comptroller of Public Accounts under Section 2252.153 or Section 2270.0201, Government Code. The foregoing representation excludes the Contractor and each of its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, that the United States government has affirmatively declared to be excluded from its federal sanctions regime relating to Sudan or Iran or any federal sanctions regime relating to a foreign terrorist organization. (b) No Boycott of Israel. The Contractor hereby verifies that it and its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, do not boycott Israel and will not boycott Israel during the term of this Agreement. As used in the foregoing verification, “boycott Israel” has the meaning provided in Section 2271.001, Government Code. (c) No Discrimination Against Firearm Entities. The Contractor hereby verifies that it and its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, do not have a practice, policy, guidance, or directive that discriminates against a firearm entity or firearm trade association and will not discriminate against a firearm entity or firearm trade association during the term of this Agreement. As used in the foregoing verification, “discriminate against a firearm entity or firearm trade association” has the meaning provided in Section 2274.001(3), Government Code. (d) No Boycott of Energy Companies. The Contractor hereby verifies that it and its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, do not boycott energy companies and will not boycott energy companies during the term of this Agreement. As used in the foregoing verification, “boycott energy companies” has the meaning provided in Section 2276.001(1), Government Code. 6.15 Form 1295. Submitted herewith is a completed Form 1295 in connection with the participation of Contractor for the purposes of Section 2252.908 of the Texas Government Code in the execution of this Agreement generated by the Texas Ethics Commission’s (the “TEC”) electronic filing application in accordance with the provisions of Section 2252.908 of the Texas Government Code and the rules promulgated by the TEC (the “Form 1295”). The City hereby confirms receipt of the Form 1295 from Contractor to the extent that each constitutes a “business entity” for the purposes of Section 2252.908 of the Texas Government Code, and the City agrees to acknowledge such form with the TEC through its electronic filing application not later than the 30th day after the rece ipt of such form. Contractor and the City understand and agree that, with the exception of information identifying the City and the contract identification number, neither the City nor its consultants are responsible for the information contained in the Form 1295; that the information contained in the Form 1295 has been provided solely by Contractor; and, neither the City nor its consultants have verified such information. PAGE 11 [MOWING SERVICES AGREEMENT] [Signature Page to Follow] PAGE 12 [MOWING SERVICES AGREEMENT] EXECUTED this _______ day of _____________________, 2026. CITY OF ANNA, TEXAS By: Marc Marchand, Acting City Manager ATTEST: By: Carrie Land, City Secretary APPROVED AS TO FORM: By: Clark McCoy, City Attorney EXECUTED this _______ day of _____________________, 2026. (NTSM, LLC,. DBA PERFECT FINISH LANDSCAPING) By: (Print Name, Title) SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. INSURER(S) AFFORDING COVERAGE INSURER F : INSURER E : INSURER D : INSURER C : INSURER B : INSURER A : NAIC # NAME:CONTACT (A/C, No):FAX E-MAILADDRESS: PRODUCER (A/C, No, Ext):PHONE INSURED REVISION NUMBER:CERTIFICATE NUMBER:COVERAGES IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. OTHER: (Per accident) (Ea accident) $ $ N / A SUBR WVD ADDL INSD THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. $ $ $ $PROPERTY DAMAGE BODILY INJURY (Per accident) BODILY INJURY (Per person) COMBINED SINGLE LIMIT AUTOS ONLY AUTOSAUTOS ONLY NON-OWNED SCHEDULEDOWNED ANY AUTO AUTOMOBILE LIABILITY Y / N WORKERS COMPENSATION AND EMPLOYERS' LIABILITY OFFICER/MEMBER EXCLUDED? (Mandatory in NH) DESCRIPTION OF OPERATIONS below If yes, describe under ANY PROPRIETOR/PARTNER/EXECUTIVE $ $ $ E.L. DISEASE - POLICY LIMIT E.L. DISEASE - EA EMPLOYEE E.L. EACH ACCIDENT EROTH-STATUTEPER LIMITS(MM/DD/YYYY)POLICY EXP(MM/DD/YYYY)POLICY EFFPOLICY NUMBERTYPE OF INSURANCELTRINSR DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) EXCESS LIAB UMBRELLA LIAB $EACH OCCURRENCE $AGGREGATE $ OCCUR CLAIMS-MADE DED RETENTION $ $PRODUCTS - COMP/OP AGG $GENERAL AGGREGATE $PERSONAL & ADV INJURY $MED EXP (Any one person) $EACH OCCURRENCE DAMAGE TO RENTED $PREMISES (Ea occurrence) COMMERCIAL GENERAL LIABILITY CLAIMS-MADE OCCUR GEN'L AGGREGATE LIMIT APPLIES PER: POLICY PRO-JECT LOC CERTIFICATE OF LIABILITY INSURANCE DATE (MM/DD/YYYY) CANCELLATION AUTHORIZED REPRESENTATIVE ACORD 25 (2016/03) © 1988-2015 ACORD CORPORATION. All rights reserved. CERTIFICATE HOLDER The ACORD name and logo are registered marks of ACORD HIRED AUTOS ONLY 2/12/2026 The Baldwin Group Southwest LLC 2255 Ridge Rd,Ste 333 Rockwall TX 75087 Amanda Perez 972-771-4071 972-771-4695 amanda.perez@baldwin.com License#:BR-1796913 Monroe Guaranty Insurance Co 32506 ALCC000-01 FCCI Insurance Company 10178ALCCLLCdbaPerfectFinishLandscaping;NTSM LLC; PFL Tree Farm LLC;HNC Hardscapes LLC; North Rock Construction &Associates 5501 Fishtrap Rd Suite 331 Denton TX 76208 Evanston Insurance Company 35378 Texas Mutual Insurance Company 22945 Westchester Surplus Lines Insu 10172 Lloyd's of London 15642 2120996539 A X 1,000,000 X 100,000 10,000 1,000,000 2,000,000 X X CPP100092055 4/26/2025 4/26/2026 2,000,000 A 1,000,000 X X X CA100092054 4/26/2025 4/26/2026 B C X X 4,000,000 X UMB100092056 MKLV4EUE101205 4/26/2025 4/26/2025 4/26/2026 4/26/2026 4,000,000 XS of $4M Primary 1,000,000 D X N 0002109875 4/26/2025 4/26/2026 1,000,000 1,000,000 1,000,000 A E F Leased/Rented Equipment Pollution Liability Professional Liability CPP100092055 G48708183 002 ANE5493451.25 4/26/2025 8/1/2025 4/26/2025 4/26/2026 8/1/2026 4/26/2026 Leased/Rented Limit Agg/Ea.Condt. Aggregate /Per Claim 100,000 2,000,000 2,000,000 The General Liability policy includes a blanket automatic additional insured endorsement that provides additional insured status to the certificate holder only when there is a written contract between the named insured and the certificate holder that requires such status.The endorsement's wording includes both the insured's Ongoing and Completed Operations. The General Liability policy contains an endorsement with “Primary and Noncontributory”wording. The General Liability policy includes blanket automatic waiver of subrogation endorsements that provide this feature,only when there is a written contract See Attached... City of Anna 120 W.Seventh St Anna TX 75409 ACORD 101 (2008/01) The ACORD name and logo are registered marks of ACORD © 2008 ACORD CORPORATION. All rights reserved. THIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACORD FORM, FORM NUMBER:FORM TITLE: ADDITIONAL REMARKS ADDITIONAL REMARKS SCHEDULE Page of AGENCY CUSTOMER ID: LOC #: AGENCY CARRIER NAIC CODE POLICY NUMBER NAMED INSURED EFFECTIVE DATE: ALCC000-01 1 1 The Baldwin Group Southwest LLC ALCC LLC dba Perfect Finish Landscaping;NTSM LLC; PFL Tree Farm LLC;HNC Hardscapes LLC; North Rock Construction &Associates 5501 Fishtrap Rd Suite 331 Denton TX 76208 25 CERTIFICATE OF LIABILITY INSURANCE between the named insured and the certificate holder that requires it. The Automobile policy includes a blanket automatic additional insured endorsement that provides additional insured status to the certificate holder only when there is a written contract between the named insured and the certificate holder that requires such status. The Automobile policy contains an endorsement with “Primary and Noncontributory”wording. The Automobile policy includes blanket automatic waiver of subrogation endorsements that provide this feature,only when there is a written contract between the named insured and the certificate holder that requires it. The Workers Compensation policy includes blanket automatic waiver of subrogation endorsements that provide this feature,only when there is a written contract between the named insured and the certificate holder that requires it. **ALWAYS REFER TO THE ATTACHED POLICY FORMS FOR SPECIFIC WORDING OF SUCH COVERAGE,LIMITS,CONDITIONS &EXCLUSIONS RE:Pecan Grove Trails Controlling Name of Interested Party4 Nature of interest City, State, Country (place of business) Intermediary (check applicable) CERTIFICATE OF INTERESTED PARTIES 1295FORM 1 of 1 1 OFFICE USE ONLY 2 02/26/2026 Complete Nos. 1 - 4 and 6 if there are interested parties. Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties. Name of business entity filing form, and the city, state and country of the business entity's place of business. NTSM, LLC Denton, TX United States Name of governmental entity or state agency that is a party to the contract for which the form is being filed. Provide the identification number used by the governmental entity or state agency to track or identify the contract, and provide a description of the services, goods, or other property to be provided under the contract. 3 City of Anna Mowing services for parks and public works 2026-016 Addendum 2 2026-1426027 Date Filed: Date Acknowledged: Certificate Number: CERTIFICATION OF FILING 6 Signature of authorized agent of contracting business entity My name is _______________________________________________________________, UNSWORN DECLARATION Check only if there is NO Interested Party.5 X My address is _______________________________________________, _______________________, and my date of birth is _______________________. Executed in ________________________________________County, I declare under penalty of perjury that the foregoing is true and correct. (state)(zip code)(country) (year)(month) _______, ______________, _________. State of ________________, on the _____day of ___________, 20_____. (city) (Declarant) Version V4.1.0.b6ef2aabwww.ethics.state.tx.usForms provided by Texas Ethics Commission CONFLICT OF INTEREST QUESTIONNAIRE For vendor doing business with local governmental entity FORM CIQ OFFICE USE ONLY Date Received This questionnaire reflects changes made to the law by H.B. 23, 84th Leg., Regular Session. This questionnaire is being filed in accordance with Chapter 176, Local Government Code, by a vendor who has a business relationship as defined by Section 176.001(1-a) with a local governmental entity and the vendor meets requirements under Section 176.006(a). By law this questionnaire must be filed with the records administrator of the local governmental entity not later than the 7th business day after the date the vendor becomes aware of facts that require the statement to be filed. See Section 176.006(a-1), Local Government Code. A vendor commits an offense if the vendor knowingly violates Section 176.006, Local Government Code. An offense under this section is a misdemeanor. 1 Name of vendor who has a business relationship with local governmental entity. 2 Check this box if you are filing an update to a previously filed questionnaire. (The law requires that you file an updated completed questionnaire with the appropriate filing authority not later than the 7th business day after the date on which you became aware that the originally filed questionnaire was incomplete or inaccurate.) 3 Name of local government officer about whom the information is being disclosed. Name of Officer 4 Describe each employment or other business relationship with the local government officer, or a family member of the officer, as described by Section 176.003(a)(2)(A). Also describe any family relationship with the local government officer. Complete subparts A and B for each employment or business relationship described. Attach additional pages to this Form CIQ as necessary. A. Is the local government officer or a family member of the officer receiving or likely to receive taxable income, other than investment income, from the vendor? Yes No B. Is the vendor receiving or likely to receive taxable income, other than investment income, from or at the direction of the local government officer or a family member of the officer AND the taxable income is not received from the local governmental entity? Yes No 5 Describe each employment or business relationship that the vendor named in Section 1 maintains with a corporation or other business entity with respect to which the local government officer serves as an officer or director, or holds an 6 Check this box if the vendor has given the local government officer or a family member of the officer one or more gifts as described in Section 176.003(a)(2)(B), excluding gifts described in Section 176.003(a-1). 7 Signature of vendor doing business with the governmental entity Date ownership interest of one percent or more. Form provided by Texas Ethics Commission www.ethics.state.tx.us Revised 1/1/2021 Item No. 6.c. City Council Agenda Staff Report Meeting Date: 3/10/2026 Staff Contact: Joseph Cotton AGENDA ITEM: Approve a Resolution of the City of Anna, Texas, determining the costs of certain Authorized Improvements to be financed by the Sherley Tract Public Improvement District No. 2; approving a Preliminary Service Plan and Assessment Plan, including proposed Assessment Rolls; calling a regular meeting and noticing a Public Hearing for March 24, 2026, to consider an Ordinance Levying Assessments on property located within Improvement Area #2, Improvement area #3, and Improvement Area #4 of the Sherley Tract Public Improvement District No. 2; directing the filing of the proposed Assessment Rolls with the City Secretary to make available for public inspection; directing City staff to publish and mail notice of said Public Hearing; approving a Preliminary Limited Offering Memorandum; and resolving other matters incident and related thereto. (Director of Public Works Joseph Cotton) SUMMARY: A Subdivision Improvement Agreement was developed for the Sherley Tract near Hurricane Creek. The requested action tonight is approval of the costs of certain Authorized Improvements to be financed by the Sherley Tract Public Improvement District No. 2; approving a Preliminary Service Plan and Assessment Plan, including proposed Assessment Rolls; calling a regular meeting and noticing a Public Hearing for March 24, 2026 to consider an Ordinance Levying Assessments on property located within Improvement Area #2, Improvement area #3, and Improvement Area #4 of the Sherley Tract Public Improvement District no. 2; directing the filing of the proposed Assessment Rolls 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. The next steps for this item will be for the approval of PLOM and calling of a public meeting at subsequent meetings. FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: 1. Resolution Determining Costs v5 (Sherley Tract PID No. 2) 1 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 March 10, 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 Kevin Toten, Mayor Pro-Tem Elden Baker Stan Carver II, Deputy Mayor Pro-Tem Manny Singh Nathan Bryan Carrie L. 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 Resolution entitled A RESOLUTION OF THE CITY OF ANNA, TEXAS DETERMINING THE COSTS OF CERTAIN AUTHORIZED IMPROVEMENTS TO BE FINANCED BY THE SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2; APPROVING A PRELIMINARY SERVICE PLAN AND ASSESSMENT PLAN, INCLUDING PROPOSED ASSESSMENT ROLLS; CALLING A REGULAR MEETING AND NOTICING A PUBLIC HEARING FOR MARCH 24, 2026 TO CONSIDER AN ORDINANCE LEVYING ASSESSMENTS ON PROPERTY LOCATED WITHIN IMPROVEMENT AREA #2, IMPROVEMENT AREA #3, AND IMPROVEMENT AREA #4 OF THE SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2; DIRECTING THE FILING OF THE PROPOSED ASSESSMENT ROLLS WITH THE CITY SECRETARY TO MAKE AVAILABLE FOR PUBLIC INSPECTION; DIRECTING CITY STAFF TO PUBLISH AND MAIL NOTICE OF SAID PUBLIC HEARING; APPROVING A PRELIMINARY LIMITED OFFERING MEMORANDUM; 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: 2 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 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 MARCH 10, 2026 Carrie L. Land, Cit Secretar Pete Cain, Ma o (City Seal) 1 CITY OF ANNA, TEXAS RESOLUTION NO. 2026-03-_____ A RESOLUTION OF THE CITY OF ANNA, TEXAS DETERMINING THE COSTS OF CERTAIN AUTHORIZED IMPROVEMENTS TO BE FINANCED BY THE SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2; APPROVING A PRELIMINARY SERVICE PLAN AND ASSESSMENT PLAN, INCLUDING PROPOSED ASSESSMENT ROLLS; CALLING A REGULAR MEETING AND NOTICING A PUBLIC HEARING FOR MARCH 24, 2026 TO CONSIDER AN ORDINANCE LEVYING ASSESSMENTS ON PROPERTY LOCATED WITHIN IMPROVEMENT AREA #2, IMPROVEMENT AREA #3, AND IMPROVEMENT AREA #4 OF THE SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2; DIRECTING THE FILING OF THE PROPOSED ASSESSMENT ROLLS WITH THE CITY SECRETARY TO MAKE AVAILABLE FOR PUBLIC INSPECTION; DIRECTING CITY STAFF TO PUBLISH AND MAIL NOTICE OF SAID PUBLIC HEARING; APPROVING A PRELIMINARY LIMITED OFFERING MEMORANDUM; 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 December 8, 2020, the City Council conducted a public hearing to consider a petition received by the City on October 20, 2020 titled “Petition for the Creation of a Public Improvement District within The Extraterritorial Jurisdiction of the City of Anna, Texas, for the Sherley Tract Public Improvement District No. 2” requesting the creation of a public improvement district; and WHEREAS, on December 8, 2020, the City Council approved Resolution No. 2020-12- 839 (the “Authorization Resolution”), authorizing, establishing and creating the Sherley Tract Public Improvement District No. 2 (the "District"); and WHEREAS, the City authorized the creation of the District and the issuance of bonds 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 2 WHEREAS, the City Council and the City staff have been presented a "Sherley Tract Public Improvement District No. 2 Preliminary 2026 Amended and Restated Service and Assessment Plan”, including proposed assessment rolls for Improvement Area #2, Improvement Area #3, and Improvement Area #4 of the District attached thereto (the "Proposed Assessment Rolls") (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 for Improvement Area #2, Improvement Area #3, and Improvement Area #4 of the District and the Proposed Assessment Rolls state the assessments proposed to be levied against each parcel of land within Improvement Area #2, Improvement Area #3, and Improvement Area #4 of the District as determined by the method of assessment chosen by the City; and WHEREAS, the Act requires that the Proposed Assessment Rolls 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. 3 SECTION 2. THAT the City Council does hereby accept the Preliminary SAP for the District, including the Proposed Assessment Rolls, 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 #2 Projects, Improvement Area #3 Projects, and Improvement Area #4 Projects (each 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 do 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 #2 Projects, the Improvement Area #3 Projects, and the Improvement Area #4 Projects or any portion thereof, shall be subject to and contingent upon City Council approval of a final Service and Assessment Plan which will include final Assessment Rolls, after the properly noticed and held Assessment Hearing. SECTION 5. THAT the Proposed Assessment Rolls state the assessments proposed to be levied against each parcel of land in Improvement Area #2, Improvement Area #3, and Improvement Area #4 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 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 Rolls 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 March 24, 2026 at 6:00 p.m. at the Anna Municipal Complex, Council Chambers, 120 W. 7th Street, Anna, Texas 75409, at which 4 the City Council shall, among other actions, hear and pass on any objections to the proposed assessments; 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 #2, Improvement Area #3, and Improvement Area #4 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 March 24, 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 March 13, 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 Rolls are 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 March 24, 2026, on or before March 13, 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 March 24, 2026 meeting of the City Council. SECTION 12. THAT pursuant to Rule 15c2-12 of the United States Securities and Exchange Commission (17 C.F.R. § 240.15c2-12) (“Rule 15c2-12”), FMSbonds, Inc. (the “Underwriter”), with assistance from its counsel, City Staff, the City’s bond counsel and the City’s municipal advisor, has prepared a Preliminary Limited Offering Memorandum (the “PLOM”) for dissemination to potential purchasers of the “City of Anna, Texas Special Assessment Revenue Bonds, Series 2026 (Sherley Tract Public Improvement District No. 2 Improvement Areas #2-4 Projects)” (the “Bonds”) prior to the availability of the final Limited Offering Memorandum for the Bonds, and in consultation with the City’s consultants retained by the City to assist in the issuance of the Bonds including bond counsel and the City’s municipal advisor, the Public Works Director and Finance Director of the City are each hereby authorized to deem such PLOM as being 5 “final” as of its date, within the meaning of Rule 15c2-12, except for the omission of no more than the following information as permitted by Rule 15c2-12: the offering prices of the Bonds, interest rates for the Bonds, selling compensation of the Underwriter, the aggregate principal amount of the Bonds, the principal amount per maturity of the Bonds, the delivery date for the Bonds, ratings for the Bonds, and the identity of the ultimate purchasers. SECTION 13. THAT this Resolution shall become effective from and after its date of passage in accordance with law. PASSED AND APPROVED on this the 10th day of March, 2026. ATTEST: _____________________________ Pete Cain, Mayor ____________________________ Carrie L. Land, City Secretary EXHIBIT A PRELIMINARY 2026 AMENDED & RESTATED SERVICE AND ASSESSMENT PLAN SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 0 Sherley Tract Public Improvement District No. 2 PRELIMINARY 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 1 TABLE OF CONTENTS Table of Contents ............................................................................................................................ 1 Introduction .................................................................................................................................... 3 Section I: Definitions ....................................................................................................................... 6 Section II: The District ................................................................................................................... 20 Section III: Authorized Improvements .......................................................................................... 20 Section IV: Service Plan ................................................................................................................. 26 Section V: Assessment Plan .......................................................................................................... 26 Section VI: Terms of the Assessments .......................................................................................... 35 Section VII: Assessment Roll ......................................................................................................... 43 Section VIII: Additional Provisions ................................................................................................ 43 Section IX: Additional Information................................................................................................ 45 Exhibits .......................................................................................................................................... 51 Appendices .................................................................................................................................... 52 Exhibit A-1 – Map of the District ................................................................................................... 53 Exhibit A-2 – Map of Improvement Area #1 and the Major Improvement Area ......................... 54 Exhibit A-3 – Map of Improvement Area #2, Improvement Area #3, and Improvement Area #4 55 Exhibit A-4 – Lot Type Classification Map - Improvement Area #2, Improvement Area #3, and Improvement Area #4 ................................................................................................................... 56 Exhibit B – Project Costs ............................................................................................................... 57 Exhibit C – Service Plan ................................................................................................................. 58 Exhibit D – Sources and Uses of Funds ......................................................................................... 61 Exhibit E – Maximum Assessment and Tax Rate Equivalent ........................................................ 62 Exhibit F-1 – Improvement Area #1 Assessment Roll ................................................................... 63 Exhibit F-2 – Improvement Area #1 Annual Installments ............................................................. 77 Exhibit G-1 – Improvement Area #2 Assessment Roll .................................................................. 78 Exhibit G-2 – Improvement Area #2 Assessment Roll By Block and Lot ....................................... 79 Exhibit G-3 – Improvement Area #2 Annual Installment .............................................................. 82 Exhibit H-1 – Improvement Area #3 Assessment Roll .................................................................. 83 Exhibit H-2 – Improvement Area #3 Assessment Roll By Block and Lot ....................................... 84 Exhibit H-3 – Improvement Area #3 Annual Installment .............................................................. 87 Exhibit I-1 – Improvement Area #4 Assessment Roll .................................................................... 88 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 2 Exhibit I-2 – Improvement Area #4 Annual Installment ............................................................... 89 Exhibit J-1 – Major Improvement Area Assessment Roll .............................................................. 90 Exhibit J-2 – Major Improvement Area Annual Installments........................................................ 91 Exhibit K-1 – Maps of Major Improvements ................................................................................. 92 Exhibit K-2 – Maps of Improvement Area #1 Improvements ....................................................... 96 Exhibit K-3 – Maps of Improvement Area #2 Improvements ..................................................... 100 Exhibit K-4 – Maps of Improvement Area #3 Improvements ..................................................... 104 Exhibit K-5 – Maps of Improvement Area #4 Improvements ..................................................... 108 Exhibit L – TIRZ No. 3 Annual Credit Amount by Lot Type .......................................................... 112 Exhibit M – Form of Notice of Assessment Termination ............................................................ 113 Exhibit N-1 – Debt Service Schedule for the Improvement Area #1 Initial Bonds ..................... 116 Exhibit N-2 – Debt Service Schedule for Improvement Area #1 Additional Bonds .................... 117 Exhibit N-3 – Debt Service Schedule for Improvement Area #2-4 Bonds .................................. 118 Exhibit N-4 – Debt Service Schedule for the Major Improvement Area Bonds .......................... 119 Exhibit O-1 –Reimbursement Schedule for the Improvement Area #2 Reimbursement Obligation ..................................................................................................................................................... 120 Exhibit O-2 –Reimbursement Schedule for the Improvement Area #3 Reimbursement Obligation ..................................................................................................................................................... 121 Exhibit O-3 –Reimbursement Schedule for the Improvement Area #4 Reimbursement Obligation ..................................................................................................................................................... 122 Exhibit P-1 – District Legal Description ....................................................................................... 123 Exhibit P-2 – Improvement Area #1 Legal Description ............................................................... 128 Exhibit P-3 – Improvement Area #2 Legal Description ............................................................... 134 Exhibit P-4 – Improvement Area #3 Legal Description ............................................................... 138 Exhibit P-5 – Improvement Area #4 Legal Description ............................................................... 140 Exhibit P-6 – Major Improvement Area Legal Description ......................................................... 142 Appendix A – Engineer’s Report ................................................................................................. 152 Appendix B – Buyer Disclosures .................................................................................................. 172 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 3 INTRODUCTION Capitalized terms used in this 2026 Amended and Restated Service and Assessment Plan shall have the meanings given to them in Section I unless otherwise defined in this 2026 Amended and Restated 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 2026 Amended and Restated Service and Assessment Plan or an Exhibit Nr Appendix attached to and made a part of this 2026 Amended and Restated Service and Assessment Plan for all purposes. On December 8, 2020, the City Council passed and approved Resolution No. 2020-12-839 authorizing the establishment of Sherley Tract Public Improvement District No. 2 in accordance with Chapter 372, Texas Local Government Code, which authorization was effective upon publication as required by the PID Act. The purpose of the District is to finance the Actual Costs of Authorized Improvements that confer a special benefit on approximately 289.751 acres located within the corporate limits of the City, as described by the legal description on Exhibit P- 1 and depicted on Exhibit A-1. On July 27, 2021, the City Council approved Ordinance No. 925-2021 which approved the 2021 Service and Assessment Plan for the District and levied Assessments to finance the Authorized Improvements to be constructed for the benefit of the Assessed Property within the District. The 2021 Service and Assessment Plan also identified the Authorized Improvements to be provided by the District, the costs of the Authorized Improvements, the indebtedness to be incurred for such Authorized Improvements, and the manner of assessing the property in the District for the costs of such Authorized Improvements based on the benefit provided to the Assessed Property. On July 26, 2022, the City Council approved the 2022 Annual Service Plan Update for the District by Ordinance No. 986-2022, which updated the Improvement Area #1 Assessment Roll and Major Improvement Area Assessment Roll for 2022. On July 11, 2023, the City Council approved the 2023 Annual Service Plan Update for the District by Ordinance No. 1059-2023-07, which updated the Improvement Area #1 Assessment Roll and Major Improvement Area Assessment Roll for 2023. On August 27, 2024, the City Council approved the 2024 Annual Service Plan Update for the District by Ordinance No. 1115-2024-08, which updated the Improvement Area #1 Assessment Roll and the Major Improvement Area Assessment Roll for 2024. On August 26, 2025, the City Council approved the 2025 Amended and Restated Service and Assessment Plan for the District by adopting Ordinance No. 1163-2025-08, which served to amend and restate the 2021 Service and Assessment Plan in its entirety for the purposes of (1) SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 4 issuing the Improvement Area #1 Additional Bonds to satisfy the Improvement Area #1 Reimbursement Obligation and (2) updating the Assessment Rolls. This 2026 Amended and Restated Service and Assessment Plan serves to amend and restate the 2025 Amended and Restated Service and Assessment Plan, including all previously approved Annual Service Plan Updates, in its entirety for the purposes of (1) updating the Improvement Area #1 Assessment Roll; (2) updating the Major Improvement Area Assessment Roll; (3) identifying the costs of the (i) Improvement Area #2 Projects, (ii) Improvement Area #3 Projects, and (iii) Improvement Area #4 Projects; (4) identifying the indebtedness to be incurred for the Improvement Area #2 Projects, and the manner of assessing the Improvement Area #2 Assessed Property for the costs of the Improvement Area #2 Projects; (5) identifying the indebtedness to be incurred for the Improvement Area #3 Projects, and the manner of assessing the Improvement Area #3 Assessed Property for the costs of the Improvement Area #3 Projects; (6) identifying the indebtedness to be incurred for the Improvement Area #4 Projects, and the manner of assessing the Improvement Area #4 Assessed Property for the costs of the Improvement Area #4 Projects; (7) levying the Improvement Area #2 Assessment for the Improvement Area #2 Assessed Property; (8) levying the Improvement Area #3 Assessment for the Improvement Area #3 Assessed Property; (9) levying the Improvement Area #4 Assessment for the Improvement Area #4 Assessed Property; and (10) approving the (i) Improvement Area #2 Assessment Roll, (ii) Improvement Area #3 Assessment Roll, and (iii) Improvement Area #4 Assessment Roll. This 2026 Amended and Restated Service and Assessment Plan serves as the Annual Service Plan Update for 2026. The PID Act requires a service plan covering a period of at least five years and defining the annual indebtedness and projected cost of the Authorized Improvements and including 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 attached as Exhibit F-1. The Improvement Area #2 Assessment Roll is attached as Exhibit G-1. The Improvement Area #2 Assessment Roll by block and lot is attached as Exhibit G-2 for SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 5 illustrative purposes only. The Improvement Area #3 Assessment Roll is attached as Exhibit H-1. The Improvement Area #3 Assessment Roll by block and lot is attached as Exhibit H-2 for illustrative purposes only. The Improvement Area #4 Assessment Roll is attached as Exhibit I-1. The Major Improvement Area Assessment Roll is attached as Exhibit J-1 [Remainder of page intentionally left blank.] SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 6 SECTION I: DEFINITIONS “2021 Assessment Ordinance” means the Assessment Ordinance No. 925-2021 approved and adopted by the City Council on July 27, 2021, which levied the Assessments against Parcels of Assessed Property within Improvement Area #1 and the Major Improvement Area and approved the 2021 Service and Assessment Plan. “2021 Service and Assessment Plan” means the Sherley Tract Public Improvement District No. 2 Service and Assessment Plan as approved on July 27, 2021, by the 2021 Assessment Ordinance, which replaced in its entirety the 2025 Amended and Restated Service and Assessment Plan. “2025 Amended and Restated Service and Assessment Plan” means the Sherley Tract Public Improvement District No. 2 2025 Amended and Restated Service and Assessment Plan as approved on August 26, 2025, by Ordinance No. 1163-2025-08, which replaced in its entirety the 2021 Service and Assessment Plan. “2026 Assessment Ordinance” means an Assessment Ordinance approved and adopted by the City Council on April 14, 2026, which levied the (i) Improvement Area #2 Assessment against the Improvement Area #2 Assessed Property, (ii) Improvement Area #3 Assessment against the Improvement Area #3 Assessed Property, and (iii) Improvement Area #4 Assessment against the Improvement Area #4 Assessed Property, and approved this 2026 Amended and Restated Service and Assessment Plan. “2026 Amended and Restated Service and Assessment Plan” means this Sherley Tract Public Improvement District No. 2 2026 Amended and Restated Service and Assessment Plan as updated, amended, or supplemented from time to time, which is to replace in its entirety the 2025 Amended and Restated Service and Assessment Plan and any and all prior Annual Service Plan Updates. “Actual Costs” mean with respect to Authorized Improvements, the actual costs paid or incurred by or on behalf of the Owner, including: (1) the costs incurred by or on behalf of the Owner (either directly or through affiliates) 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 incurred by or on behalf of the Owner for external professional costs, such as engineering, geotechnical, surveying, land planning, architectural landscapers, appraisals, legal, accounting, and similar professional services; (4) all labor, bonds, and materials, including equipment and fixtures, by contractors, builders, and materialmen in connection with the acquisition, construction, or implementation of the Authorized Improvements; (5) all related permitting and public approval expenses, architectural, engineering, and consulting fees, and governmental fees and charges. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 7 “Additional Interest” means the amount collected by 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. The Additional Interest Rate is not charged on the portion of the Assessments securing the Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, and Improvement Area #4 Reimbursement Obligation. “Administrator” means the City or independent firm designated by the City who shall have the responsibilities provided in this 2026 Amended and Restated 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 2026 Amended and Restated Service and Assessment Plan and the PID Act 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, if applicable. “Annual Service Plan Update” means an update to this 2026 Amended and Restated 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 a Parcel of Assessed Property within the District, and imposed pursuant to an Assessment Ordinance and the provisions herein, as shown on an Assessment Roll, subject to reallocation upon the subdivision of such Parcel of Assessed Property or reduction according to the provisions herein and in the PID Act. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 8 “Assessment Ordinance” means an ordinance adopted by the City Council in accordance with the PID Act that levies an Assessment on Assessed Property within the District, 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 within the District 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 within the District, including the Improvement Area #1 Assessment Roll, the Improvement Area #2 Assessment Roll, the Improvement Area #3 Assessment Roll, the Improvement Area #4 Assessment Roll, and the Major Improvement Area 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 updates prepared in connection with the issuance of PID Bonds or any Annual Service Plan Update. “Authorized Improvements” means (1) the improvements authorized by Section 372.003 of the PID Act, as depicted on Exhibit K-1, Exhibit K-2, Exhibit K-3, Exhibit K-4 and Exhibit K-5 and described in Section III, (2) Bond Issuance Costs, and (3) District Formation Costs. “Bond Issuance Costs” means the costs associated with issuing PID Bonds, including but not limited to attorney fees, financial advisory fees, consultant fees, initial trustee fee, appraisal fees, printing costs, publication costs, capitalized interest, reserve fund requirements, underwriter’s discount, underwriter’s counsel, fees charged by the Texas Attorney General, and any other cost or expense, including original issue discount, 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 2026 Amended and Restated Service and Assessment Plan including penalties and reasonable attorney’s fees actually paid, but excluding amounts representing interest and penalty interest. “Development Agreement” means the Sherley Tract Subdivision Improvement Agreement approved by the City under Resolution No. 2020-06-733 as thereafter may have been amended. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 9 “District” means Sherley Tract Public Improvement District No. 2 containing approximately 289.751 acres located within the corporate limits of the City, and more specifically described in Exhibit P-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 a 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 Owner 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 a Lot is shown on Exhibit E. “Future Improvement Area” means a distinct portion of the Major Improvement Area, save and except Improvement Area #2, Improvement Area #3, and Improvement Area #4 and developed as individual phases after Improvement Area #2, Improvement Area #3, and Improvement Area #4 with such area(s) to be described and designated in future Annual Service Plan Updates or an amendment to this 2026 Amended and Restated Service and Assessment Plan. “Improvement Area #1” means approximately 109.402 acres located within the District, more specifically described in Exhibit P-2 and depicted on Exhibit A-2. “Improvement Area #1 Additional Bonds” means those certain “City of Anna, Texas Special Assessment Revenue Bonds, Series 2025 (Sherley Tract Public Improvement District No. 2 Improvement Area #1 Project)” that are secured by a portion of the Improvement Area #1 Assessments. “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 includes: (1) principal; (2) interest; (3) Annual Collection Costs; and (4) Additional Interest, which amount may be reduced by the TIRZ No. 3 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 levied against a Parcel of Assessed Property within Improvement Area #1 and imposed pursuant to the 2021 Assessment Ordinance SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 10 and the provisions herein, as shown on the Improvement Area #1 Assessment Roll, subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions 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 2026 Amended and Restated Service and Assessment Plan as Exhibit F-1. “Improvement Area #1 Initial Bonds” means those certain “City of Anna, Texas, Special Assessment Revenue Bonds, Series 2021 (Sherley Tract Public Improvement District No. 2 Improvement Area #1 Project)” that are secured by the 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.A and depicted on Exhibit K-2. “Improvement Area #1 Initial Parcel” means all of the Improvement Area #1 Assessed Property against which the entire Improvement Area #1 Assessment was levied at the time the City Council approved the 2021 Assessment Ordinance. “Improvement Area #1 Projects” means collectively: (1) the pro rata portion of the Major Improvement costs allocable to Improvement Area #1; (2) the Improvement Area #1 Improvement costs; (3) the Annual Collection Costs related to the Improvement Area #1 Initial Bonds and the Improvement Area #1 Additional Bonds; and (4) Bond Issuance Costs associated with the issuance of the Improvement Area #1 Initial Bonds and the Improvement Area #1 Additional Bonds. “Improvement Area #1 Reimbursement Agreement” means that certain “Sherley Tract Public Improvement District No. 2 Improvement Area #1 Reimbursement Agreement” effective July 27, 2021, entered into by and between the City and Owner. The Improvement Area #1 Reimbursement Agreement was terminated following the payment of the Improvement Area #1 Reimbursement Obligation. “Improvement Area #1 Reimbursement Obligation” means an amount not to exceed $4,157,016 secured by Improvement Area #1 Assessments to be paid to the Owner pursuant to the Improvement Area #1 Reimbursement Agreement. The Improvement Area #1 Reimbursement Obligation was paid from the proceeds of the Improvement Area #1 Additional Bonds. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 11 “Improvement Area #2” means approximately 30.957 acres located within the District, more specifically described in Exhibit P-3 and depicted on Exhibit A-3. “Improvement Area #2 Annual Installment” means the Annual Installment of the Improvement Area #2 Assessment and the allocable portion of the Major Improvement Area Assessment to Improvement Area #2 as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Additional Interest related to the Major Improvement Area Bonds; (4) Additional Interest related to Improvement Area #2’s allocable portion of the outstanding principal amount of the Improvement Area #2-4 Bonds; (5) Annual Collection Costs related to the Major Improvement Area Assessments allocable to Improvement Area #2; and (6) Annual Collection Costs related to Improvement Area #2, as shown on Exhibit G-3. Additional Interest will not be collected on the portion of the Improvement Area #2 Annual Installment securing the Improvement Area #2 Reimbursement Obligation. “Improvement Area #2 Assessed Property” means any Parcel within Improvement Area #2 against which an Improvement Area #2 Assessment is levied. “Improvement Area #2 Assessment” means an Assessment levied against a Parcel of Assessed Property within Improvement Area #2 and imposed pursuant to the 2026 Assessment Ordinance and the provisions herein, as shown on the Improvement Area #2 Assessment Roll, subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act. “Improvement Area #2 Assessment Roll” means the Assessment Roll for the Improvement Area #2 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 #2 Assessment Roll is included in this 2026 Amended and Restated Service and Assessment Plan as Exhibit G-1. The Improvement Area #2 Assessment Roll by block and lot is attached as Exhibit G- 2 for illustrative purposes only. “Improvement Area #2 Improvements” means the Authorized Improvements which only benefit the Improvement Area #2 Assessed Property, as further described in Section III.B and depicted on Exhibit K-3. “Improvement Area #2 Initial Parcel” means all of the Improvement Area #2 Assessed Property against which the entire Improvement Area #2 Assessment was levied at the time the City Council approved the 2026 Assessment Ordinance. “Improvement Area #2 Projects” means collectively: (1) the Improvement Area #2 Improvement costs; (2) the allocable portion of the Bond Issuance Costs of the Improvement Area #2-4 Bonds SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 12 related to Improvement Area #2; and (3) the portion of the deposit to the administrative fund related to Improvement Area #2 in connection with the Improvement Area #2-4 Bonds. “Improvement Area #2 Reimbursement Agreement” means that certain Reimbursement Agreement, effective ________ entered into by and between the City and the Owner, in which the Owner, either directly or through affiliates, agrees to construct the Improvement Area #2 Projects, and to fund certain Actual Costs of the Improvement Area #2 Projects, and the City agrees (i) pay directly or reimburse the Owner for a portion of the Actual Costs of the Improvement Area #2 Projects from the proceeds of Improvement Area #2-4 Bonds related to the Improvement Area #2 Assessments in accordance with the PID Act, this 2026 Amended and Restated Service and Assessment Plan, and the applicable Indenture, and (ii) reimburse the Owner for certain Actual Costs of the Improvement Area #2 Projects paid solely from the revenue collected from Improvement Area #2 Assessments, whereby all or a portion of the Actual Costs not paid to the Owner from Improvement Area #2-4 Bonds related to the Improvement Area #2 Assessments will be paid to the Owner from Improvement Area #2 Assessments eligible to reimburse the Owner for Actual Costs paid by the Owner, plus interest, but in all instances subordinate to the payment of the Improvement Area #2-4 Bonds, unless and until the City issues an additional series of PID Bonds secured by the Improvement Area #2 Assessments. “Improvement Area #2 Reimbursement Obligation” means that certain amount secured by Improvement Area #2 Assessments to be paid to the Owner pursuant to the Improvement Area #2 Reimbursement Agreement. The portion of the Improvement Area #2 Annual Installments for the Improvement Area #2 Reimbursement Obligation are shown on Exhibit O-1 and are subordinate to any PID Bonds secured by the Improvement Area #2 Assessments, including the Improvement Area #2-4 Bonds. “Improvement Area #3” means approximately 12.414 acres located within the District, more specifically described in Exhibit P-4 and depicted on Exhibit A-3. “Improvement Area #3 Annual Installment” means the Annual Installment of the Improvement Area #3 Assessment and the allocable portion of the Major Improvement Area Assessment to Improvement Area #3 as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Additional Interest related to the Major Improvement Area Bonds; (4) Additional Interest related to Improvement Area #3’s allocable portion of the outstanding principal amount of the Improvement Area #2-4 Bonds; (5) Annual Collection Costs related to the Major Improvement Area Assessments allocable to Improvement Area #3; and (6) Annual Collection Costs related to Improvement Area #3, as shown on Exhibit H-3. Additional Interest will not be collected on the portion of the Improvement Area #3 Annual Installment securing the Improvement Area #3 Reimbursement Obligation. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 13 “Improvement Area #3 Assessed Property” means any Parcel within Improvement Area #3 against which an Improvement Area #3 Assessment is levied. “Improvement Area #3 Assessment” means an Assessment levied against a Parcel of Assessed Property within Improvement Area #3 and imposed pursuant to the 2026 Assessment Ordinance and the provisions herein, as shown on the Improvement Area #3 Assessment Roll, subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act. “Improvement Area #3 Assessment Roll” means the Assessment Roll for the Improvement Area #3 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 #3 Assessment Roll is included in this 2026 Amended and Restated Service and Assessment Plan as Exhibit H-1. The Improvement Area #3 Assessment Roll by block and lot is attached as Exhibit H- 2 for illustrative purposes only. “Improvement Area #3 Improvements” means the Authorized Improvements which only benefit the Improvement Area #3 Assessed Property, as further described in Section III.C and depicted on Exhibit K-4. “Improvement Area #3 Initial Parcel” means all of the Improvement Area #3 Assessed Property against which the entire Improvement Area #3 Assessment was levied at the time the City Council approved the 2026 Assessment Ordinance. “Improvement Area #3 Projects” means collectively: (1) the Improvement Area #3 Improvement costs; (2) the allocable portion of the Bond Issuance Costs of the Improvement Area #2-4 Bonds related to Improvement Area #3; and (3) the portion of the deposit to the administrative fund related to Improvement Area #3 in connection with the Improvement Area #2-4 Bonds. “Improvement Area #3 Reimbursement Agreement” means that certain Reimbursement Agreement, effective ________ entered into by and between the City and the Owner, in which the Owner, either directly or through affiliates, agrees to construct the Improvement Area #3 Projects, and to fund certain Actual Costs of the Improvement Area #3 Projects, and the City agrees (i) pay directly or reimburse the Owner for a portion of the Actual Costs of the Improvement Area #3 Projects from the proceeds of Improvement Area #2-4 Bonds related to the Improvement Area #3 Assessments in accordance with the PID Act, this 2026 Amended and Restated Service and Assessment Plan, and the applicable Indenture, and (ii) reimburse the Owner for certain Actual Costs of the Improvement Area #3 Projects paid solely from the revenue collected from Improvement Area #3 Assessments, whereby all or a portion of the Actual Costs not paid to the Owner from Improvement Area #2-4 Bonds related to the Improvement Area #3 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 14 Assessments will be paid to the Owner from Improvement Area #3 Assessments eligible to reimburse the Owner for Actual Costs paid by the Owner, plus interest, but in all instances subordinate to the payment of the Improvement Area #2-4 Bonds, unless and until the City issues an additional series of PID Bonds secured by the Improvement Area #3 Assessments. “Improvement Area #3 Reimbursement Obligation” means that certain amount secured by Improvement Area #3 Assessments to be paid to the Owner pursuant to the Improvement Area #3 Reimbursement Agreement. The portion of the Improvement Area #3 Annual Installments for the Improvement Area #3 Reimbursement Obligation are shown on Exhibit O-2 and are subordinate to any PID Bonds secured by the Improvement Area #3 Assessments, including the Improvement Area #2-4 Bonds. “Improvement Area #4” means approximately 12.256 acres located within the District, more specifically described in Exhibit P-5 and depicted on Exhibit A-3. “Improvement Area #4 Annual Installment” means the Annual Installment of the Improvement Area #4 Assessment and the allocable portion of the Major Improvement Area Assessment to Improvement Area #4 as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Additional Interest related to the Major Improvement Area Bonds; (4) Additional Interest related to Improvement Area #4’s allocable portion of the outstanding principal amount of the Improvement Area #2-4 Bonds; (5) Annual Collection Costs related to the Major Improvement Area Assessments allocable to Improvement Area #4; and (6) Annual Collection Costs related to Improvement Area #4, as shown on Exhibit I-2. Additional Interest will not be collected on the portion of the Improvement Area #4 Annual Installment securing the Improvement Area #4 Reimbursement Obligation. “Improvement Area #4 Assessed Property” means any Parcel within Improvement Area #4 against which an Improvement Area #4 Assessment is levied. “Improvement Area #4 Assessment” means an Assessment levied against a Parcel of Assessed Property within Improvement Area #4 and imposed pursuant to the 2026 Assessment Ordinance and the provisions herein, as shown on the Improvement Area #4 Assessment Roll, subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act. “Improvement Area #4 Assessment Roll” means the Assessment Roll for the Improvement Area #4 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 #4 Assessment Roll is included in this 2026 Amended and Restated Service and Assessment Plan as Exhibit I-1. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 15 “Improvement Area #4 Improvements” means the Authorized Improvements which only benefit the Improvement Area #4 Assessed Property, as further described in Section III.D and depicted on Exhibit K-5. “Improvement Area #4 Initial Parcel” means all of the Improvement Area #4 Assessed Property against which the entire Improvement Area #4 Assessment was levied at the time the City Council approved the 2026 Assessment Ordinance. “Improvement Area #4 Projects” means collectively: (1) the Improvement Area #4 Improvement costs; (2) the allocable portion of the Bond Issuance Costs of the Improvement Area #2-4 Bonds related to Improvement Area #4; and (3) the portion of the deposit to the administrative fund related to Improvement Area #4 in connection with the Improvement Area #2-4 Bonds. “Improvement Area #4 Reimbursement Agreement” means that certain Reimbursement Agreement, effective ________ entered into by and between the City and the Owner, in which the Owner, either directly or through affiliates, agrees to construct the Improvement Area #4 Projects, and to fund certain Actual Costs of the Improvement Area #4 Projects, and the City agrees (i) pay directly or reimburse the Owner for a portion of the Actual Costs of the Improvement Area #4 Projects from the proceeds of Improvement Area #2-4 Bonds related to the Improvement Area #4 Assessments in accordance with the PID Act, this 2026 Amended and Restated Service and Assessment Plan, and the applicable Indenture, and (ii) reimburse the Owner for certain Actual Costs of the Improvement Area #4 Projects paid solely from the revenue collected from Improvement Area #4 Assessments, whereby all or a portion of the Actual Costs not paid to the Owner from Improvement Area #2-4 Bonds related to the Improvement Area #4 Assessments will be paid to the Owner from Improvement Area #4 Assessments eligible to reimburse the Owner for Actual Costs paid by the Owner, plus interest, but in all instances subordinate to the payment of the Improvement Area #2-4 Bonds, unless and until the City issues an additional series of PID Bonds secured by the Improvement Area #4 Assessments. “Improvement Area #4 Reimbursement Obligation” means that certain amount secured by Improvement Area #4 Assessments to be paid to the Owner pursuant to the Improvement Area #4 Reimbursement Agreement. The portion of the Improvement Area #4 Annual Installments for the Improvement Area #4 Reimbursement Obligation are shown on Exhibit O-3 and are subordinate to any PID Bonds secured by the Improvement Area #4 Assessments, including the Improvement Area #2-4 Bonds. “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 or supplemented from time to time, between the City and the Trustee setting forth terms and conditions related to a series of PID Bonds. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 16 “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 by the Administrator 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 shown on Exhibit E. “Lot Type 1” means a Lot in Improvement Area #1 marketed to homebuilders as a 40’ Lot. The buyer disclosure for Lot Type 1 is attached in Appendix B. “Lot Type 2” means a Lot in Improvement Area #1 marketed to homebuilders as a 50’ Lot. The buyer disclosure for Lot Type 2 is attached in Appendix B. “Lot Type 3” means a Lot in Improvement Area #1 marketed to homebuilders as a 60’ Lot. The buyer disclosure for Lot Type 3 is attached in Appendix B. “Lot Type 4” means a Lot in Improvement Area #1 marketed to homebuilders as a townhome Lot. The buyer disclosure for Lot Type 4 is attached in Appendix B. “Lot Type 5” means a Lot in Improvement Area #2 marketed to homebuilders as a 50’ Lot. The buyer disclosure for Lot Type 5 is attached in Appendix B. “Lot Type 6” means a Lot in Improvement Area #2 marketed to homebuilders as a 60’ Lot. The buyer disclosure for Lot Type 6 is attached in Appendix B. “Lot Type 7” means a Lot in Improvement Area #3 marketed to homebuilders as a 40’ Lot. The buyer disclosure for Lot Type 7 is attached in Appendix B. “Lot Type 8” means a Lot in Improvement Area #4 marketed to homebuilders as a townhome Lot. The buyer disclosure for Lot Type 8 is attached in Appendix B. “Major Improvement Area” means approximately 180.349 acres located within the District, and more specifically described in Exhibit P-6 and depicted on Exhibit A-2. The Major Improvement Area includes all of the District save and except Improvement Area #1. “Major Improvement Area Annual Installment” means the Annual Installment of the Major Improvement Area Assessment as calculated by the Administrator and approved by the City SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 17 Council that includes: (1) principal; (2) interest; (3) Annual Collection Costs; and (4) Additional Interest. “Major Improvement Area Assessed Property” means any Parcel of Assessed Property within the Major Improvement Area against which a Major Improvement Area Assessment is levied. “Major Improvement Area Assessment” means an Assessment levied against the Major Improvement Area Assessed Property and imposed pursuant to an Assessment Ordinance and the provisions herein, as shown on the Major Improvement Area Assessment Roll, subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act. “Major Improvement Area Assessment Roll” means the Assessment Roll for the Major Improvement Area Assessed Property within the District, as updated, modified or amended from time to time in accordance with the procedures set forth herein and in the PID Act, including any Annual Service Plan Updates. The Major Improvement Area Assessment Roll is included in this 2026 Amended and Restated Service and Assessment Plan as Exhibit J-1. “Major Improvement Area Bonds” means those certain “City of Anna, Texas, Special Assessment Revenue Bonds, Series 2021 (Sherley Tract Public Improvement District No. 2 Major Improvement Area Project).” “Major Improvement Area Initial Parcel” means all of the Major Improvement Area Assessed Property against which the entire Major Improvement Area Assessment was levied at the time the City Council approved the 2021 Assessment Ordinance. “Major Improvement Area Projects” means collectively: (1) the pro rata portion of the Major Improvement costs allocable to the Major Improvement Area; (2) the Annual Collection Costs related to the Major Improvement Area Bonds; and (3) Bond Issuance Costs associated with the issuance of the Major Improvement Area Bonds. “Major Improvements” means those Authorized Improvements that confer special benefit to all the Assessed Property within the District, and as further described in Section III.E. and depicted on Exhibit K-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-Benefitted Property” means Parcels within the boundaries of the District that accrue no special benefit from the Authorized Improvements as determined by the City Council. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 18 “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 M. “Owner” means MM Anna 325, LLC and any successors or assigns thereof that intends to develop the property in the District for the ultimate purpose of transferring title to such property to end users. “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 plat or 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. “Service Plan” covers a period of at least five years and defines the annual indebtedness and projected costs of the Authorized Improvements, more specifically described in Section IV. "TIRZ No. 3" means the Tax Increment Reinvestment Zone Number Three, City of Anna, Texas. "TIRZ No. 3 Agreement" means the Tax Increment Reinvestment Zone No. 3, effective as of July 27, 2021. "TIRZ No. 3 Annual Credit Amount" is defined in Section V.F, which amount shall not annually exceed the TIRZ No. 3 Maximum Annual Credit Amount, and which shall be transferred from the TIRZ No. 3 Fund to the applicable pledged revenue fund pursuant to the TIRZ No. 3 Agreement. “TIRZ No. 3 PID Account” means an account of the TIRZ No. 3 Fund where the TIRZ No. 3 Revenues are deposited. "TIRZ No. 3 Project Plan" means the Tax Increment Reinvestment Zone Number Three, City of Anna, Texas Project and Financing Plan, dated July 27, 2021. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 19 "TIRZ No. 3 Fund" means the tax increment fund created pursuant to the TIRZ No. 3 Ordinance where TIRZ No. 3 Revenues are deposited annually. “TIRZ No. 3 Maximum Annual Credit Amount” means for each Lot Type in Improvement Area #1, the amount of TIRZ No. 3 Revenues that results in an equivalent tax rate of $0.7786 per $100 of assessed value for such Lot Type taking into consideration the tax rates of all applicable overlapping taxing units at the time PID Bonds are sold for Improvement Area #1, and the equivalent tax rate of the Improvement Area #1 Annual Installment, based on assumed buildout at the time the City Council approves the Assessment Ordinance levying the Improvement Area #1 Assessments. The assumed buildout values per projected Lot Type within Improvement Area #1 are shown on Exhibit L. The target tax rate equivalent for Lots within Improvement Area #1 is $0.7786 per $100 of assessed value. Based on the pricing of the Improvement Area #1 Initial Bonds and the Improvement Area #1 Additional Bonds, the tax rate equivalent is approximately $0.7254 per $100 of assessed value which is less than the target tax rate. Therefore, the TIRZ No. 3 Maximum Annual Credit Amount per Unit for Lots within Improvement Area #1 is calculated at $0.00. "TIRZ No. 3 Ordinance" means Ordinance No. 926-2021 adopted by the City Council approving the TIRZ No. 3 Project Plan and authorizing the use of TIRZ No. 3 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. 3 Project Plan. "TIRZ No. 3 Revenues" mean, for each year, the amounts which are deposited in the TIRZ No. 3 Fund pursuant to the TIRZ No. 3 Ordinance, TIRZ No. 3 Project Plan, and TIRZ No. 3 Agreement. “Trustee” means the trustee or successor trustee under an Indenture. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 20 SECTION II: THE DISTRICT The District includes approximately 289.751 contiguous acres located within the corporate limits of the City, the boundaries of which are more particularly described by the legal description on Exhibit P-1 and depicted on Exhibit A-1. Development of the District is anticipated to include approximately 913 Lots developed with single-family homes. Improvement Area #1 includes approximately 109.402 contiguous acres, the boundaries of which are more particularly described by the legal description on Exhibit P-2 and depicted on Exhibit A-2. Development of Improvement Area #1 includes 499 Lots developed with single-family homes (69 single-family homes on Lots classified as Lot Type 1, 340 single-family homes on Lots classified as Lot Type 2, 18 single-family homes on Lots classified as Lot Type 3, and 72 single- family homes on Lots classified as Lot Type 4.) Improvement Area #2 includes approximately 30.957 contiguous acres, the boundaries of which are more particularly described by the legal description on Exhibit P-3 and depicted on Exhibit A-3. Development of Improvement Area #2 is anticipated to include 67 Lots developed with single-family homes (4 single-family homes on Lots classified as Lot Type 5, and 63 single-family homes on Lots classified as Lot Type 6) Improvement Area #3 includes approximately 12.414 contiguous acres, the boundaries of which are more particularly described by the legal description on Exhibit P-4 and depicted on Exhibit A-3. Development of Improvement Area #3 is anticipated to include 72 Lots developed with single-family homes on Lots classified as Lot Type 7. Improvement Area #4 includes approximately 12.256 contiguous acres, the boundaries of which are more particularly described by the legal description on Exhibit P-5 and depicted on Exhibit A-3. Development of Improvement Area #4 is anticipated to include 115 Lots developed with townhomes on Lots classified as Lot Type 8. The Major Improvement Area includes approximately 180.349 contiguous acres, the boundaries of which are more particularly described by the legal description on Exhibit P-6 and depicted on Exhibit A-2. Development of the Major Improvement Area is anticipated to include approximately 414 Lots developed with single-family homes. SECTION III: AUTHORIZED IMPROVEMENTS The City, based on information provided by the Owner and its engineer and reviewed by the City staff and by third-party consultants retained by 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 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 21 be owned and operated by the City. The budget for the Authorized Improvements is shown on Exhibit B. A. Improvement Area #1 Improvements Water Improvements including trench excavation and embedment, trench safety, PVC piping, manholes, service connections, testing, related earthwork, excavation, erosion control, and all necessary appurtenances required to provide water service to all Lots within Improvement Area #1. Sanitary Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, ductile iron encasement, 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, curb and drop inlets, RCP piping and boxes, headwalls, concrete flumes, 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. Street Improvements including subgrade stabilization, concrete and reinforcing steel for roadways, testing, and barrier-free ramps. All related earthwork, excavation, erosion control, retaining walls, intersections, and re-vegetation of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot 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, soil testing, survey, construction management, contingency, District Formation Costs, legal costs, consultants, and costs associated with financing the Improvement Area #1 Improvements. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 22 B. Improvement Area #2 Improvements Water Improvements including trench excavation and embedment, trench safety, PVC piping, manholes, service connections, testing, related earthwork, excavation, erosion control, and all necessary appurtenances required to provide water service to all Lots within Improvement Area #2. Sanitary Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, ductile iron encasement, 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 #2. Storm Drainage Improvements including earthen channels, swales, curb and drop inlets, RCP piping and boxes, headwalls, concrete flumes, 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 #2. Street Improvements including subgrade stabilization, concrete and reinforcing steel for roadways, testing, and barrier-free ramps. All related earthwork, excavation, erosion control, retaining walls, intersections, and re-vegetation of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot within Improvement Area #2. Soft Costs Costs related to designing, constructing, and installing the Improvement Area #2 Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, District Formation Costs, legal costs, consultants, and costs associated with financing the Improvement Area #2 Improvements. C. Improvement Area #3 Improvements Water Improvements including trench excavation and embedment, trench safety, PVC piping, manholes, service connections, testing, related earthwork, excavation, erosion control, SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 23 and all necessary appurtenances required to provide water service to all Lots within Improvement Area #3. Sanitary Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, ductile iron encasement, 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 #3. Storm Drainage Improvements including earthen channels, swales, curb and drop inlets, RCP piping and boxes, headwalls, concrete flumes, 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 #3. Street Improvements including subgrade stabilization, concrete and reinforcing steel for roadways, testing, and barrier-free ramps. All related earthwork, excavation, erosion control, retaining walls, intersections, and re-vegetation of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot within Improvement Area #3. Soft Costs Costs related to designing, constructing, and installing the Improvement Area #3 Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, District Formation Costs, legal costs, consultants, and costs associated with financing the Improvement Area #3 Improvements. D. Improvement Area #4 Improvements Water Improvements including trench excavation and embedment, trench safety, PVC piping, manholes, service connections, testing, related earthwork, excavation, erosion control, and all necessary appurtenances required to provide water service to all Lots within Improvement Area #4. Sanitary Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 24 ductile iron encasement, 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 #4. Storm Drainage Improvements including earthen channels, swales, curb and drop inlets, RCP piping and boxes, headwalls, concrete flumes, 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 #4. Street Improvements including subgrade stabilization, concrete and reinforcing steel for roadways, testing, and barrier-free ramps. All related earthwork, excavation, erosion control, retaining walls, intersections, and re-vegetation of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot within Improvement Area #4. Soft Costs Costs related to designing, constructing, and installing the Improvement Area #4 Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, District Formation Costs, legal costs, consultants, and costs associated with financing the Improvement Area #4 Improvements. E. Major Improvements Water Improvements including trench excavation and embedment, trench safety, PVC piping, manholes, service connections, testing, related earthwork, excavation, erosion control and all necessary appurtenances required to provide water service to all Lots within the District. Sanitary Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, ductile iron encasement, boring, manholes, service connections, testing, related earthwork, excavation, erosion control and all necessary appurtenances required to provide wastewater service to all Lots within the District. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 25 Storm Drainage Improvements including earthen channels, swales, curb and drop inlets, RCP piping and boxes, headwalls, concrete flumes, 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 the District. Street Improvements including subgrade stabilization, concrete and reinforcing steel for roadways, testing, and barrier-free ramps. All related earthwork, excavation, erosion control, retaining walls, intersections, and re-vegetation of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot within the District. Soft Costs Costs related to designing, constructing, and installing the Major Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, District Formation Costs, legal fees, consultants, and costs associated with financing the Major Improvements. F. 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 under an applicable Indenture in connection with the issuance of PID Bonds. 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. Underwriter’s Counsel Equals a percentage of the par amount of a particular series of PID Bonds reserved for the underwriter’s attorney fees. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 26 Cost of Issuance Includes costs of issuing a particular series of PID Bonds, including but not limited to issuer fees, attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication costs, City costs, fees charged by the Texas Attorney General, and any other cost or expense directly associated with the issuance of PID Bonds. G. 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 must be reviewed and updated in each Annual Service Plan Update. Exhibit C summarizes the Service Plan for the District. The buyer disclosure notice form required by Section 5.014 of the Texas Property Code, as amended, is attached hereto as Appendix B, and shall be included in any future Annual Service Plan Updates. Exhibit D summarizes the sources and uses of funds required to construct the Authorized Improvements, issue the PID Bonds, and fund the first year’s Annual Collection Costs. The sources and uses of funds shown on Exhibit D shall be updated in the 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, with or without regard to improvements constructed on the property; or (3) in any other manner approved by the City that results in imposing equal shares of such costs on property similarly benefited. The PID Act further provides that the governing body 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 2026 Amended and Restated Service and Assessment Plan describes the special benefit received by each Parcel within the District as a result of the Authorized SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 27 Improvements and provides the basis and justification for the determination that this special benefit equals or exceeds the amount of the Assessments 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 Owner and all future Owners and developers of the Assessed Property. A. Assessment Methodology The City Council, acting in its legislative capacity and based on information provided by the Owner and its engineer and reviewed by the City staff and by third-party consultants retained by the City, has determined that the costs related to the Authorized Improvements shall be allocated as follows: The costs of the Major Improvement Area Projects were allocated 100% to the Major Improvement Area Assessed Property based on the ratio of the Estimated Buildout Value of each Parcel designated within the Major Improvement Area Assessed Property to the Estimated Buildout Value of all Major Improvement Area Assessed Property at the time the 2021 Service and Assessment Plan was approved. The costs of the Improvement Area #1 Projects were allocated 100% to Improvement Area #1 Assessed Property 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 at the time the 2021 Service and Assessment Plan was approved. The costs of the Improvement Area #2 Projects were allocated 100% to Improvement Area #2 Assessed Property based on the ratio of the Estimated Buildout Value of each Parcel designated as Improvement Area #2 Assessed Property to the Estimated Buildout Value of all Improvement Area #2 Assessed Property at the time this 2026 Amended and Restated Service and Assessment Plan was approved. The costs of the Improvement Area #3 Projects were allocated 100% to Improvement Area #3 Assessed Property based on the ratio of the Estimated Buildout Value of each Parcel designated as Improvement Area #3 Assessed Property to the Estimated Buildout Value of all Improvement Area #3 Assessed Property at the time this 2026 Amended and Restated Service and Assessment Plan was approved. The costs of the Improvement Area #4 Projects were allocated 100% to Improvement Area #4 Assessed Property based on the ratio of the Estimated Buildout Value of each SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 28 Parcel designated as Improvement Area #4 Assessed Property to the Estimated Buildout Value of all Improvement Area #4 Assessed Property at the time this 2026 Amended and Restated Service and Assessment Plan was approved. B. Assessments Assessments are levied on the Assessed Property according to the Improvement Area #1 Assessment Roll, attached hereto as Exhibit F-1, Improvement Area #2 Assessment Roll, attached hereto as Exhibit G-1, Improvement Area #3 Assessment Roll, attached hereto as Exhibit H-1, Improvement Area #4 Assessment Roll, attached hereto as Exhibit I-1, and the Major Improvement Area Assessment Roll, attached hereto as Exhibit J-1. The projected Annual Installments for Improvement Area #1 are shown on Exhibit F-2, the projected Annual Installments for the Improvement Area #2 are shown on Exhibit G-3, the projected Annual Installments for the Improvement Area #3 are shown on Exhibit H-3, the projected Annual Installments for the Improvement Area #4 are shown on Exhibit I-2, and the projected Annual Installments for the Major Improvement Area are shown on Exhibit J-2. Upon division or subdivision of an Initial Parcel, the 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, Lot Type 4, Lot Type 5, Lot Type 6, Lot Type 7, and Lot Type 8, respectively, exceed the corresponding Maximum Assessment for each Lot classification. C. Findings of Special Benefit The City Council, acting in its legislative capacity and based on information provided by the Owner and its engineer and reviewed by the City staff and by third-party consultants retained by the City, has found and determined: Improvement Area #1 The costs of the Improvement Area #1 Projects equal $14,204,996 as shown on Exhibit B; and The Improvement Area #1 Assessed Property receives special benefit from the Improvement Area #1 Projects equal to or greater than the Actual Cost of the Improvement Area #1 Projects; and At the time the City Council approved the 2021 Service and Assessment Plan, the Improvement Area #1 Initial Parcel was allocated 100% of the Improvement Area #1 Assessment levied for the Improvement Area #1 Projects, which equaled $13,557,016, of which $9,400,000 initially secured the Improvement Area #1 Initial Bonds as shown on Exhibit N-1 and $4,157,016 initially secured the SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 29 Improvement Area #1 Reimbursement Obligation. The Improvement Area #1 Initial Parcel has since been subdivided and the Improvement Area #1 Assessment is allocated on the subdivided parcels per Section IV. The Improvement Area #1 Assessment, is outstanding in the amount of $12,172,000 as shown on the Improvement Area #1 Assessment Roll attached hereto as Exhibit F-1 of which $8,648,000 secures the Improvement Area #1 Initial Bonds and $3,524,000 secures the Improvement Area #1 Additional Bonds, as further described in Section IX.D; and The special benefit ( ≥ $14,204,996) and the special benefit expected at the time the City Council approved the 2021 Service and Assessment Plan ( ≥ $13,557,016), inclusive of the original issue discount, received by the Improvement Area #1 Assessed Property from the Improvement Area #1 Projects is equal to or greater than the amount of the Improvement Area #1 Assessment ($13,557,016) levied on the Improvement Area #1 Assessed Property for the Improvement Area #1 Projects; and At the time the City Council approved the 2021 Service and Assessment Plan, the Owner owned 100% of the Improvement Area #1 Initial Parcel. The Owner acknowledged that the Improvement Area #1 Projects confer a special benefit on the Improvement Area #1 Initial Parcel and consented to the imposition of the Improvement Area #1 Assessment to pay for the Actual Costs associated therewith. The Owner 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 applicable Assessment Ordinance; (2) the 2021 Service and Assessment Plan and the 2021 Assessment Ordinance; and (3) the levying of the Improvement Area #1 Assessment on the Improvement Area #1 Initial Parcel. Improvement Area #2 o The costs of the Improvement Area #2 Projects equal $3,736,259 as shown on Exhibit B; and o The Improvement Area #2 Assessed Property receives special benefit from the Improvement Area #2 Projects equal to or greater than the Actual Cost of the Improvement Area #2 Projects; and o The Improvement Area #2 Assessed Property shall be allocated 100% of the Improvement Area #2 Assessment levied for the Improvement Area #2 Projects, which equals $3,526,816 as shown on the Improvement Area #2 Assessment Roll attached hereto as Exhibit G-1; and SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 30 o The special benefit ( ≥ $3,736,259) received by the Improvement Area #2 Assessed Property from the Improvement Area #2 Projects is equal to or greater than the amount of the Improvement Area #2 Assessment ($3,526,816) levied on the Improvement Area #2 Assessed Property for the Improvement Area #2 Projects; and o At the time the City Council approved this 2026 Amended and Restated Service and Assessment Plan, the Owner owned 100% of the Improvement Area #2 Assessed Property. The Owner acknowledged that the Improvement Area #2 Projects confer a special benefit on the Improvement Area #2 Assessed Property and consented to the imposition of the Improvement Area #2 Assessment to pay for the Actual Costs associated therewith. The Owner 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 applicable Assessment Ordinance; (2) this 2026 Amended and Restated Service and Assessment Plan and the applicable Assessment Ordinance; and (3) the levying of the Improvement Area #2 Assessment on the Improvement Area #2 Assessed Property. Improvement Area #3 o The costs of the Improvement Area #3 Projects equal $2,532,438 as shown on Exhibit B; and o The Improvement Area #3 Assessed Property receives special benefit from the Improvement Area #3 Projects equal to or greater than the Actual Cost of the Improvement Area #3 Projects; and o The Improvement Area #3 Assessed Property shall be allocated 100% of the Improvement Area #3 Assessment levied for the Improvement Area #3 Projects, which equals $2,163,033 as shown on the Improvement Area #3 Assessment Roll attached hereto as Exhibit H-1; and o The special benefit ( ≥ $2,532,438) received by the Improvement Area #3 Assessed Property from the Improvement Area #3 Projects is equal to or greater than the amount of the Improvement Area #3 Assessment ($2,163,033) levied on the Improvement Area #3 Assessed Property for the Improvement Area #3 Projects; and o At the time the City Council approved this 2026 Amended and Restated Service and Assessment Plan, the Owner owned 100% of the Improvement Area #3 Assessed Property. The Owner acknowledged that the Improvement Area #3 Projects confer a special benefit on the Improvement Area #3 Assessed Property SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 31 and consented to the imposition of the Improvement Area #3 Assessment to pay for the Actual Costs associated therewith. The Owner 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 applicable Assessment Ordinance; (2) this 2026 Amended and Restated Service and Assessment Plan and the applicable Assessment Ordinance; and (3) the levying of the Improvement Area #3 Assessment on the Improvement Area #3 Assessed Property. Improvement Area #4 o The costs of the Improvement Area #4 Projects equal $3,308,451 as shown on Exhibit B; and o The Improvement Area #4 Assessed Property receives special benefit from the Improvement Area #4 Projects equal to or greater than the Actual Cost of the Improvement Area #4 Projects; and o The Improvement Area #4 Assessed Property shall be allocated 100% of the Improvement Area #4 Assessment levied for the Improvement Area #4 Projects, which equals $3,165,392 as shown on the Improvement Area #4 Assessment Roll attached hereto as Exhibit I-1; and o The special benefit ( ≥ $3,308,451) received by the Improvement Area #4 Assessed Property from the Improvement Area #4 Projects is equal to or greater than the amount of the Improvement Area #4 Assessment ($3,165,392) levied on the Improvement Area #4 Assessed Property for the Improvement Area #4 Projects; and o At the time the City Council approved this 2026 Amended and Restated Service and Assessment Plan, the Owner owned 100% of the Improvement Area #4 Assessed Property. The Owner acknowledged that the Improvement Area #4 Projects confer a special benefit on the Improvement Area #4 Assessed Property and consented to the imposition of the Improvement Area #4 Assessment to pay for the Actual Costs associated therewith. The Owner 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 applicable Assessment Ordinance; (2) this 2026 Amended and Restated Service and Assessment Plan and the applicable Assessment Ordinance; and (3) the levying of the Improvement Area #4 Assessment on the Improvement Area #4 Assessed Property. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 32 Major Improvement Area The costs of the Major Improvement Area Projects equal $3,069,081, as shown on Exhibit B; The Major Improvement Area Assessed Property receives special benefit from the Major Improvement Area Projects equal to or greater than the Actual Cost of the Major Improvement Area Projects; At the time the City Council approved the 2021 Service and Assessment Plan, the Major Improvement Area Initial Parcel was allocated 100% of the Major Improvement Area Assessment levied for the Major Improvement Area Projects, which equaled $2,896,000; outstanding in the amount of $2,721,000 as shown on the Major Improvement Area Assessment Roll attached hereto as Exhibit J-1; The special benefit ( ≥ $3,069,081) received by the Major Improvement Area Assessed Property from the Major Improvement Area Projects is greater than or equal to the amount of the Major Improvement Area Assessment ($2,896,000) levied on the Major Improvement Area Assessed Property for the Major Improvement Area Projects; and At the time the City Council approved the 2021 Service and Assessment Plan, the Owner owned 100% of the Major Improvement Area Initial Parcel. The Owner acknowledged that the Major Improvement Area Projects confer a special benefit on the Major Improvement Area Initial Parcel and consented to the imposition of the Major Improvement Area Assessments to pay for the Actual Costs associated therewith. The Owner has 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 applicable Assessment Ordinance; (2) the 2021 Service and Assessment Plan and the 2021 Assessment Ordinance; and (3) the levying of Major Improvement Area Assessment on the Major Improvement Area 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 Rolls, which may be revised based on Actual Costs incurred in Annual Service Plan Updates. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 33 E. Interest The interest on the Improvement Area #2 Assessment securing the Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Assessment securing the Improvement Area #3 Reimbursement Obligation, and Improvement Area #4 Assessment securing the Improvement Area #4 Reimbursement Obligation shall be collected at the rates in the respective Assessment Ordinance and as shown on Exhibit O-1, O-2, and O-3 attached hereto as part of the Improvement Area #2 Annual Installment, Improvement Area #3 Annual Installment, and Improvement Area #4 Annual Installment, respectively, and will not include Additional Interest unless and until PID Bonds secured by such Assessment are issued. If and when such PID Bonds are issued, the rate calculated will match the rate on such series of PID Bonds, plus Additional Interest, but in no instance will the Assessment on any Assessed Property be increased. F. Additional Interest The interest rate on Assessments securing PID Bonds may exceed the interest rate on the 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. The interest on the portion of the Assessment securing the Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, and Improvement Area #4 Reimbursement Obligation shall be collected at rates established under the applicable Improvement Area #2 Reimbursement Agreement, Improvement Area #3 Reimbursement Agreement, and Improvement Area #4 Reimbursement Agreement, respectively, and will be collected as part of the respective Annual Installment. Additional Interest will not be collected on the portion of the Improvement Area #2 Assessment securing the Improvement Area #2 Reimbursement Obligation, the portion of the Improvement Area #3 Assessment securing the Improvement Area #3 Reimbursement Obligation, or the portion of the Improvement Area #4 Assessment securing the Improvement Area #4 Reimbursement Obligation, unless and until PID Bonds are issued to satisfy all or a portion of the corresponding Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, and Improvement Area #4 Reimbursement Obligation. G. TIRZ No. 3 Annual Credit Amount The City Council, in accordance with the TIRZ No. 3 Agreement, has agreed to use a portion of TIRZ No. 3 Revenues generated from each Assessed Property to offset a portion of such property’s Improvement Area #1 Assessment, as applicable. 1. The Improvement Area #1 Annual Installment for an Assessed Property shall receive a TIRZ No. 3 Annual Credit Amount equal to the TIRZ No. 3 Revenue generated by the Assessed SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 34 Property for the previous Tax Year (e.g. TIRZ No. 3 Revenue collected from the Assessed Property for Tax Year 2021 shall be applied as the TIRZ No. 3 Annual Credit Amount applicable to the Assessed Property’s Improvement Area #1 Annual Installment to be collected in Tax Year 2022), but in no event shall the TIRZ No. 3 Annual Credit Amount exceed the TIRZ No. 3 Maximum Annual Credit Amount shown in Section V.F.2 as calculated on Exhibit L for each Assessed Property. 2. The TIRZ No. 3 Maximum Annual Credit Amount available to reduce the principal and interest of the Improvement Area #1 Annual Installment for an Assessed Property is calculated for each Lot Type, as shown on Exhibit L. The TIRZ No. 3 Maximum Annual Credit Amount is calculated so that the average Improvement Area #1 Annual Installment minus the TIRZ No. 3 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 ($3.09 per $100 of assessed value) taking into consideration the 2020 tax rates of all applicable overlapping taxing units and the equivalent tax rate of the Improvement Area #1 Annual Installments based on assumed buildout values at the time the 2021 Assessment Ordinance is approved. The resulting maximum TIRZ No. 3 Annual Credit Amount for each Lot Type is shown below: i. Lot Type 1: $0.00 ii. Lot Type 2: $0.00 iii. Lot Type 3: $0.00 iv. Lot Type 4: $0.00 The target tax rate equivalent for Lots within Improvement Area #1 is $0.7786 per $100 of assessed value. Based on the pricing of the bonds, the tax rate equivalent is approximately $0.7254 per $100 of assessed value which is less than the target tax rate. Therefore, the TIRZ No. 3 Maximum Annual Credit Amount per Unit for Lots within Improvement Area #1 is calculated at $0.00. 3. After the TIRZ No. 3 Annual Credit Amount is applied to provide a credit towards the principal and interest portion of the Improvement Area #1 Annual Installment for the Assessed Property in Improvement Area #1, any excess TIRZ No. 3 Revenues available from the TIRZ No. 3 PID Account shall be held in a segregated account by the City and shall be used in accordance with the TIRZ No. 3 Final Plan and the TIRZ No. 3 Agreement. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 35 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 of 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 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, relying on information from homebuilders, market studies, appraisals, official public records of the County, and any other relevant information regarding the Assessed Property, as provided by the Owner. The Estimated Buildout Value for Lot Type 1, Lot Type 2, Lot Type 3, Lot Type 4, Lot Type 5, Lot Type 6, Lot Type 7, and Lot Type 8 are shown on Exhibit E and will not change in future Annual Service Plan Updates. The calculation as confirmed by the City Council shall be conclusive. 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 next Annual Service Plan Update and approved by the City Council. 2. Upon Subdivision by a Recorded Subdivision Plat SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 36 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 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 same Lot Type Prior to the recording of a subdivision plat, the Owner shall provide the City an Estimated Buildout Value for each Lot to be create after recording the subdivision plat as of the date of the subdivision plat is anticipated to be recorded. The calculation of the Assessment for a Lot shall be performed by the Administrator and confirmed by the City Council based on Estimated Buildout Value information provided by the Owner, homebuilders, third party consultants, and/or the official public records of the County regarding the Lot. The Estimated Buildout Value for Lot Type 1, Lot Type 2, Lot Type 3, Lot Type 4, Lot Type 5, Lot Type 6, Lot Type 7, and Lot Type 8 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 next Annual Service Plan Update and approved by the City Council. 3. Upon Consolidation If two or more Lots or Parcels are consolidated into a single Parcel or Lot, the Administrator shall allocate the Assessments against the Lots or Parcels before the consolidation to the consolidated Lot or Parcel, which allocation shall be reflected in the next Annual Service Plan Update and approved by the City Council. The Assessment for any resulting Lot may not exceed the Maximum Assessment for the applicable Lot Type SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 37 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 there of shall pay 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. 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 M. 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 the amount the Assessment was reduced, 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. 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 completed Authorized Improvements are less than the Assessments, (i) in the event PID Bonds are not issued, 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 are issued, the Trustee shall apply amounts on deposit in the applicable account of the Project Fund, relating to the PID Bonds, that are not expected to be used for purposes of the Project Fund to redeem outstanding PID Bonds, unless otherwise directed by the applicable Indenture, and the TIRZ No. 3 Annual Credit Amount will be reduced in the same proportion as the Assessments. Excess PID Bond proceeds shall be applied to redeem outstanding PID Bonds. The Assessments shall not, however, be reduced to an amount less than the amount required to pay all debt service requirements on all outstanding PID Bonds. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 38 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 pay, at any time, 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 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 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. For purposes of Prepayments, Improvement Area #1 Additional Bonds will be on parity with the Improvement Area #1 Initial Bonds. Any Prepayment in full or partial Prepayment of an Improvement Area #1 Assessment, shall be allocated pro rata between the Improvement Area #1 Initial Bonds and the Improvement Area #1 Additional Bonds based on the ratio of the outstanding principal amounts of each series of PID Bonds to the aggregate amount of the outstanding Improvement Area #1 Initial Bonds and Improvement Area #1 Additional Bonds, as of the date such Prepayment is received. Unless otherwise directed to a specific Assessment by the Parcel or Lot owner at the time of the making of such Prepayment, any Prepayment in full or partial Prepayment for an Assessed Property located within Improvement Area #2, Improvement Area #3, or Improvement Area #4 shall be allocated pro rata between (i) the Major Improvement Area Assessment and (ii) the applicable Improvement Area #2 Assessment, Improvement Area #3 Assessment, or the SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 39 Improvement Area #4 Assessment, based on the respective outstanding Assessment on such Assessed Property at the time of such Prepayment or partial Prepayment is received. For purposes of Prepayments of the corresponding Improvement Area #2 Assessment, Improvement Area #3 Assessment, and Improvement Area #4 Assessment, the Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, and Improvement Area #4 Reimbursement Obligation are and will remain subordinated to (i) the Improvement Area #2-4 Bonds and (ii) any additional PID Bonds secured by a parity lien on the applicable Improvement Area #2 Assessments, Improvement Area #3 Assessments, or Improvement Area #4 Assessments issued to satisfy all or a portion of the corresponding Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, or Improvement Area #4 Reimbursement Obligation. For purposes of Prepayments, additional PID Bonds issued to satisfy all or a portion of the Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, or Improvement Area #4 Reimbursement Obligation will be on parity with the Improvement Area #2-4 Bonds. 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, Exhibit G-3 shows the estimated Improvement Area #2 Annual Installments, Exhibit H-3 shows the estimated Improvement Area #3 Annual Installments, Exhibit I-2 shows the estimated Improvement Area #1 Annual Installments, and Exhibit J-2 shows the estimated Major Improvement Area 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 an 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 property 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 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 40 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. The City Council may provide for other means of collecting Annual Installments. 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 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 City’s Financial Advisor shall recalculate the principal and interest on such PID Bonds 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. The initial Annual Installments of the Improvement Area #1 Assessments and Major Improvement Area Assessments were due when billed and delinquent if not paid prior to February 1, 2022. The initial Annual Installments of the Improvement Area #2 Assessments, Improvement Area #3 Assessments, and Improvement Area #4 Assessments will be due when billed and delinquent if not paid prior to February 1, 2027. Failure of an owner of an Assessed Property to receive an invoice for an Annual Installment on the property tax bill 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. The City may provide for other means of collecting the Annual Installments to the extent permitted by the PID Act, or other applicable law. G. Allocating Improvement Area #2-4 Annual Installments Any amounts collected from the Improvement Area #2 Annual Installments, Improvement Area #3 Annual Installments, or Improvement Area #4 Annual Installments paid by the owner of Improvement Area #2 Assessed Property, Improvement Area #3 Assessed Property, or Improvement Area #4 Assessed Property, respectively, shall be allocated, first to amounts due for the corresponding secured PID Bonds, including any amounts due for Additional Interest and Annual Collection Costs related to such PID Bond, and second to amounts due for the corresponding Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, or Improvement Area #4 Reimbursement Obligation. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 41 For example, if the owner of a Parcel owes an Improvement Area #2 Annual Installment of $1,500, of which $500 is due for the Major Improvement Area Bonds, $500 is due for the Improvement Area #2-4 Bonds, and $500 is due for the Improvement Area #2 Reimbursement Obligation, then: If a partial Annual Installment of $500 is made, $250 shall be credited to the payment of Major Improvement Area Bonds, $250 shall be credited to the payment of Improvement Area #2-4 Bonds, and $0 shall be credited to the Improvement Area #2 Reimbursement Obligation. If a partial Annual Installment of $1,000 is made, $500 shall be credited to the payment of the Major Improvement Area Bonds, $500 shall be credited to the payment of Improvement Area #2-4 Bonds, and $0 shall be credited to the Improvement Area #2 Reimbursement Obligation. If a partial Annual Installment of $1,250 is made, $500 shall be credited to the payment of the Major Improvement Area Bonds, $500 shall be credited to the payment of Improvement Area #2-4 Bonds, and $250 shall be credited to the Improvement Area #2 Reimbursement Obligation. With regard to the payment of Annual Installments, the Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, and Improvement Area #4 Reimbursement Obligation of the corresponding Improvement Area #2 Assessment, Improvement Area #3 Assessment, and Improvement Area #4 Assessment will remain subordinated to (i) the Improvement Area #2-4 Bonds and (ii) any additional PID Bonds secured by a parity lien on the applicable Assessments issued to satisfy all or a portion of the corresponding Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, and Improvement Area #4 Reimbursement Obligation. With regard to the payment of Annual Installments, additional PID Bonds issued to satisfy all or a portion of the Improvement Area #2 Reimbursement Obligation, Improvement Area #3 Reimbursement Obligation, and Improvement Area #4 Reimbursement Obligation will be on parity with the Improvement Area #2-4 Bonds. H. 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. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 42 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 in Annual Installments, or payable as otherwise provided by this 2026 Amended and Restated Service and Assessment Plan, as updated, or 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 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 Remainder 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 of 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 be $90. Notwithstanding the previous paragraphs in this subsection, if the owner of the Taken 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. Said owner will remain liable to pay the Annual Installments on both the Taken SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 43 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 Improvement Area #2 Assessment Roll is attached as Exhibit G-1. The Improvement Area #2 Assessment Roll by block and lot is attached as Exhibit G-2 for illustrative purposes only. The Improvement Area #3 Assessment Roll is attached as Exhibit H-1. The Improvement Area #3 Assessment Roll by block and lot is attached as Exhibit H-2 for illustrative purposes only. The Improvement Area #4 Assessment Roll is attached as Exhibit I-1. The Major Improvement Area Assessment Roll is attached as Exhibit J-1. The Administrator shall prepare and submit to the City Council for review and approval proposed revisions to the Assessment Rolls and Annual Installments for each Parcel as part of each Annual Service Plan Update. 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 2026 Amended and Restated Service and Assessment Plan, including, but not limited to, any calculation made as part of any Annual Service Plan Update, said owner’s sole and exclusive remedy shall be to submit a written notice of error to the Administrator by December 1st of the year following City Council’s approval of the calculation. Otherwise, said 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 of such receipt of a 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 take such corrective action as is authorized by the PID Act, this 2026 Amended and Restated 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. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 44 B. Amendments Amendments to this 2026 Amended and Restated 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 2026 Amended and Restated 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 2026 Amended and Restated Service and Assessment Plan. C. Administration and Interpretation The Administrator shall: (1) perform the obligations of the Administrator as set forth in this 2026 Amended and Restated 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 2026 Amended and Restated Service and Assessment Plan. Interpretations of this 2026 Amended and Restated 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 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 2026 Amended and Restated 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 2026 Amended and Restated 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 2026 Amended and Restated 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 TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 45 SECTION IX: ADDITIONAL INFORMATION The following information shall serve as the Annual Service Plan Update for Improvement Area #1 and the Major Improvement Area. A. Parcel Subdivision Improvement Area #1 • The final plat of The Villages of Hurricane Creek – North, Phase 1 was filed and recorded with the County as document number 2023010000160 on April 20, 2023, and consists of 344 residential Lots and 12 Lots of Non-Benefited Property. • The final plat of The Villages of Hurricane Creek – North, Phase 1A was filed and recorded with the County as document number 2023010000161 on April 20, 2023, and consists of 155 residential Lots and 9 Lots of Non-Benefited Property. • The replat of The Villages of Hurricane Creek – North, Phase 1A Lots 37R-44R & 26XR, Block W was filed and recorded with the County as document number 2024010000144 on March 26, 2024. See the completed Lot Type classification summary within Improvement Area #1 below: See Exhibit A-1 for the map of the District showing Lot Type classifications. B. Lot and Home Sales Per the Quarterly Report dated December 31, 2025, the Lot ownership composition is provided below: Lot Type Number of Lots Total 499 Improvement Area #1 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 46 Improvement Area #1 See Appendix B for the buyer disclosures. C. Authorized Improvements Improvement Area #1 The Owner has completed the Authorized Improvements listed in the 2021 Service and Assessment Plan and they were dedicated to the City. Major Improvement Area The Owner has completed the Authorized Improvements listed in the 2021 Service and Assessment Plan and they were dedicated to the City. Private Costs The Owner has completed the Private Improvements listed in the 2021 Service and Assessment Plan and they were dedicated to the City. D. Outstanding Assessments Improvement Area #1 Net of the principal bond payment due September 15, Improvement Area #1 has an outstanding Assessment of $12,172,000.00, of which $8,648,000.00 is attributable to the Improvement Area #1 Initial Bonds and $3,524,000.00 is attributable to the Improvement Area #1 Additional Bonds. Major Improvement Area Net of the principal bond payment due September 15, the Major Improvement Area has an outstanding Assessment of $2,721,000.00. E. TIRZ No. 3 Annual Credit Improvement Area #1 The City Council, in accordance with the TIRZ No. 3 TIRZ Agreement, has agreed to use a portion of TIRZ No. 3 TIRZ Revenues generated to reduce the Improvement Area #1 Annual Installment Lot Type Developer Owned Homebuilder Owned End-User Owned Total 39 85 375 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 47 for all Improvement Area #1 Assessed Property so that the Improvement Area #1 Annual Installment minus the TIRZ No. 3 Annual Credit Amount for each Lot Type does not produce an equivalent tax rate which exceeds the competitive composite ad valorem equivalent tax rate taking into consideration the tax rates of all applicable taxing units and the equivalent tax rate of the Improvement Area #1 Annual Installments. The resulting Maximum TIRZ No. 3 Annual Credit Amount for each Lot Type is shown below. Major Improvement Area As further described in Section V.F, TIRZ No. 3 Revenues shall not be used to reduce the Major Improvement Area Annual Installment F. Annual Installment Due 1/31/2027 Improvement Area #1 Improvement Area #1 Initial Bond – Principal and Interest – The total principal and interest required for the Annual Installment related to the Improvement Area #1 Initial Bond is $558,575.00. Improvement Area #1 Additional Bond – Principal and Interest – The total principal and interest required for the Annual Installment related to the Improvement Area #1 Additional Bond is $262,115.00. Additional Interest – Additional Interest is collected to fund the Delinquency and Prepayment Reserve Account. The Delinquency and Prepayment Reserve Requirement, as defined in the applicable Indenture related to the Improvement Area #1 Initial Bonds and Improvement Area #1 Additional Bonds, is equal to $418,659.50 and has not been met. As such, the Delinquency and Prepayment Reserve Account will be funded with Additional Interest on the outstanding Assessment, resulting in an Additional Interest for Improvement Area #1 Annual Installment of $60,860.00. Lot Type TIRZ No. 3 Maximum Annual Credit Amount per Unit Improvement Area #1 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 48 Annual Collection Costs – The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment for Improvement Area #1 is $55,079.64. Major Improvement Area Principal and Interest – The total principal and interest required for the Annual Installment for the Major Improvement Area is $197,355.00. Additional Interest – Additional Interest is collected to fund the Delinquency and Prepayment Reserve Account. The Delinquency and Prepayment Reserve Requirement, as defined in the applicable Indenture is equal to $85,711.50 and has not been met. As Total Annual Collection Costs 55,079.64$ Annual Collection Costs Breakdown Improvement Area #1 Improvement Area #1 Initial Bonds Improvement Area #1 Additional Bonds Total Annual Installment 936,629.64$ Improvement Area #1 Due January 31, 2027 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 49 such, the Delinquency and Prepayment Reserve Account will be funded with Additional Interest on the outstanding Assessment, resulting in an Additional Interest for the Major Improvement Area Annual Installment of $13,605.00. Annual Collection Costs – The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment for the Major Improvement Area is $13,704.00. G. Prepayment of Assessment in Full Improvement Area #1 No full prepayments have occurred within Improvement Area #1. Major Improvement Area No full prepayments have occurred within the Major Improvement Area. Total Annual Collection Costs 13,704.00$ Annual Collection Costs Breakdown Major Improvement Area Major Improvement Area Bond Total Annual Installment 224,664.00$ Major Improvement Area Due January 31, 2027 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 50 H. Partial Prepayment of Assessments Improvement Area #1 No partial prepayments have occurred within Improvement Area #1. Major Improvement Area No partial prepayments have occurred within the Major Improvement Area. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 51 EXHIBITS The following Exhibits are attached to and made a part of this 2026 Amended and Restated Service and Assessment Plan for all purposes: Exhibit A-1 Map of the District Exhibit A-2 Map of Improvement Area #1 and the Major Improvement Area Exhibit A-3 Map of Improvement Area #2, Improvement Area #3, and Improvement Area #4 Exhibit A-4 Lot Type Classification Map - Improvement Area #2, Improvement Area #3, and Improvement Area #4 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 Improvement Area #2 Assessment Roll Exhibit G-2 Improvement Area #2 Assessment Roll by Block and Lot Exhibit G-3 Improvement Area #2 Annual Installments Exhibit H-1 Improvement Area #3 Assessment Roll Exhibit H-2 Improvement Area #3 Assessment Roll by Block and Lot Exhibit H-3 Improvement Area #3 Annual Installments Exhibit I-1 Improvement Area #4 Assessment Roll Exhibit I-2 Improvement Area #4 Annual Installments Exhibit J-1 Major Improvement Area Assessment Roll Exhibit J-2 Major Improvement Area Annual Installments Exhibit K-1 Maps of Major Improvements Exhibit K-2 Maps of Improvement Area #1 Improvements Exhibit K-3 Maps of Improvement Area #2 Improvements Exhibit K-4 Maps of Improvement Area #3 Improvements Exhibit K-5 Maps of Improvement Area #4 Improvements Exhibit L TIRZ No. 3 Annual Credit Amount by Lot Type Exhibit M Form of Notice of Assessment Termination Exhibit N-1 Debt Service Schedules for Improvement Area #1 Initial Bonds Exhibit N-2 Debt Service Schedules for Improvement Area #1 Additional Bonds Exhibit N-3 Debt Service Schedules for Improvement Area #2-4 Bonds Exhibit N-4 Debt Service Schedule for Major Improvement Area Bonds SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 52 Exhibit O-1 Reimbursement Schedule for Improvement Area #2 Reimbursement Obligation Exhibit O-2 Reimbursement Schedule for Improvement Area #3 Reimbursement Obligation Exhibit O-3 Reimbursement Schedule for Improvement Area #4 Reimbursement Obligation Exhibit P-1 District Legal Description Exhibit P-2 Improvement Area #1 Legal Description Exhibit P-3 Improvement Area #2 Legal Description Exhibit P-4 Improvement Area #3 Legal Description Exhibit P-5 Improvement Area #4 Legal Description Exhibit P-6 Major Improvement Area Legal Description APPENDICES The following Appendices are attached to and made a part of this 2026 Amended and Restated Service and Assessment Plan for all purposes: Appendix A Engineer’s Report Appendix B Buyer Disclosures SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 53 EXHIBIT A-1 – MAP OF THE DISTRICT SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 54 EXHIBIT A-2 – MAP OF IMPROVEMENT AREA #1 AND THE MAJOR IMPROVEMENT AREA SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 55 EXHIBIT A-3 – MAP OF IMPROVEMENT AREA #2, IMPROVEMENT AREA #3, AND IMPROVEMENT AREA #4 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 56 EXHIBIT A-4 – LOT TYPE CLASSIFICATION MAP - IMPROVEMENT AREA #2, IMPROVEMENT AREA #3, AND IMPROVEMENT AREA #4 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 57 EXHIBIT B – PROJECT COSTS Footnotes: [a] The costs of the Improvement Area #1 Improvements and the Major Improvements are as provided and determined in the 2018 Assessment Ordinances and updated in the 2025 Amended and Restated Service and Assessment Plan. The costs of Improvement Area #2 Improvements, Improvement Area #3 Improvements, and Improvement Area #4 Improvements are as provided in the Engineer's Report dated 11/4/2025 and subject to change, attached hereto as Appendix A. Authorized Improvement costs are estimates and will be updated with each Annual Service Plan Update, or the Service and Assessment Plan as amended. [b] Miscellaneous costs and soft costs include entitlements, development agreement, district creation, engineering & surveying, SWPPP, preliminary platting fee, final platting fee, maintenance bond, engineering review fee, inspection fee, and geotechnical testing. [c] The Major Improvements were allocated between Improvement Area #1 and the Major Improvement Area at the time the City Council approved the 2018 Assessment Ordinance based on the ratio of Estimated Buildout Value of each area to the Estimated Buildout Value of the District. [d] Includes the fee of counsel to the Underwriter. %Cost %Cost %Cost %Cost %Cost Major Improvements[c] Improvement Area #1 Improvements Improvement Area #2 Improvements Improvement Area #3 Improvements Improvement Area #4 Improvements Private Costs Bond Issuance Costs - IA#1 Initial Bonds and MIA Bonds Bond Issuance Costs - IA#1 Additional Bonds Bond Issuance Costs - Improvement Area #2-4 Bonds Other Costs Total 33,832,654$ 6,981,429$ 26,661,225$ 14,204,996$ 3,736,259$ 2,532,438$ 3,308,451$ 3,069,081$ Private Costs Improvement Area #1 Projects Major Improvement Area ProjectsTotal Costs[a] Improvement Area #2 Projects Improvement Area #3 Projects Improvement Area #4 ProjectsAuthorized Improvements SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 58 EXHIBIT C – SERVICE PLAN Annual Installment Due 1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031 Improvement Area #1 Initial Bonds Principal $ 204,000.00 $ 212,000.00 $ 220,000.00 $ 228,000.00 $ 237,000.00 Interest 354,575.00 346,925.00 338,975.00 330,725.00 322,175.00 (1) $ 558,575.00 $ 558,925.00 $ 558,975.00 $ 558,725.00 $ 559,175.00 Improvement Area #1 Additional Bonds Principal $ 69,000.00 $ 72,000.00 $ 76,000.00 $ 79,000.00 $ 83,000.00 Interest 193,115.00 190,010.00 186,770.00 183,350.00 179,795.00 (2) $ 262,115.00 $ 262,010.00 $ 262,770.00 $ 262,350.00 $ 262,795.00 Additional Interest (3) $ 60,860.00 $ 59,495.00 $ 58,075.00 $ 56,595.00 $ 55,060.00 Annual Collection Costs (4) $ 55,079.64 $ 64,851.23 $ 66,148.26 $ 67,471.22 $ 68,820.65 Total Annual Installment (5) = (1) + (2) + (3) + (4) $936,629.64 $945,281.23 $945,968.26 $945,141.22 $ 945,850.65 Improvement Area #1 Annual Installment Due 1/31/2026[b]1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031 Major Improvement Area Bonds[a] Principal $ - $ 10,829.31 $ 11,173.09 $ 11,688.78 $ 12,032.56 $ 12,548.24 Interest - 23,094.79 22,607.47 22,104.68 21,578.68 21,037.22 (1) $ - $ 33,924.09 $ 33,780.56 $ 33,793.45 $ 33,611.25 $ 33,585.46 Additional Interest (2) $ - $ 2,338.61 $ 2,284.47 $ 2,228.60 $ 2,170.16 $ 2,110.00 Annual Collection Costs (3) $ - $ 2,355.63 $ 3,893.06 $ 3,970.93 $ 4,050.34 $ 4,131.35 Major Improvement Area Bonds Total (4) = (1) + (2) + (3) $ - $ 38,618.34 $ 39,958.09 $ 39,992.98 $ 39,831.75 $ 39,826.81 Improvement Area #2-4 Bonds Principal $ - $ 40,000.00 $ 40,000.00 $ 42,000.00 $ 44,000.00 $ 46,000.00 Interest 59,340.94 158,242.50 155,902.50 153,562.50 151,105.50 148,531.50 Capitalized Interest (59,340.94) - - - - - (5) $ - $ 198,242.50 $ 195,902.50 $ 195,562.50 $ 195,105.50 $ 194,531.50 Additional Interest (6) $ - $ 13,525.00 $ 13,325.00 $ 13,125.00 $ 12,915.00 $ 12,695.00 Improvement Area #2-4 Bonds Total (7) = (5) + (6) $ - $211,767.50 $209,227.50 $208,687.50 $ 208,020.50 $207,226.50 Improvement Area #2 Reimbursement Obligation Principal $ - $ 10,437.32 $ 11,448.18 $ 11,806.98 $ 12,493.60 $ 13,174.45 Interest - 48,076.22 47,465.64 46,795.92 46,105.22 45,374.34 (8) $ - $ 58,513.54 $ 58,913.82 $ 58,602.90 $ 58,598.82 $ 58,548.79 Annual Collection Costs (9) $ - $ 40,000.00 $ 40,800.00 $ 41,616.00 $ 42,448.32 $ 43,297.29 Total Annual Installment (10) = (4) + (7) + (8) + (9) $ - $348,899.38 $348,899.41 $348,899.38 $ 348,899.39 $348,899.39 Footnotes: Improvement Area #2 [a] Includes the allocable portion of the Major Improvement Area Annual Installment to Improvement Area #2. [b] Capitalized Interest for Improvement Area #2-4 Bonds for months from bond issuance to 9/15/2026. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 59 Annual Installment Due 1/31/2026[d]1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031 Major Improvement Area Bonds[c] Principal $ - $ 8,587.71 $ 8,860.33 $ 9,269.27 $ 9,541.90 $ 9,950.84 Interest - 18,314.31 17,927.86 17,529.15 17,112.03 16,682.64 (1) $ - $ 26,902.01 $ 26,788.19 $ 26,798.42 $ 26,653.93 $ 26,633.48 Additional Interest (2) $ - $ 1,854.54 $ 1,811.60 $ 1,767.30 $ 1,720.95 $ 1,673.24 Annual Collection Costs (3) $ - $ 1,868.03 $ 3,087.22 $ 3,148.97 $ 3,211.95 $ 3,276.19 Major Improvement Area Bonds Total (4) = (1) + (2) + (3) $ - $ 30,624.58 $ 31,687.01 $ 31,714.68 $ 31,586.82 $ 31,582.90 Improvement Area #2-4 Bonds Principal $ - $ 32,000.00 $ 32,000.00 $ 34,000.00 $ 35,000.00 $ 36,000.00 Interest 44,730.56 119,281.50 117,409.50 115,537.50 113,548.50 111,501.00 Capitalized Interest (44,730.56) - - - - - (5) $ - $ 151,281.50 $ 149,409.50 $ 149,537.50 $ 148,548.50 $ 147,501.00 Additional Interest (6) $ - $ 10,195.00 $ 10,035.00 $ 9,875.00 $ 9,705.00 $ 9,530.00 Improvement Area #2-4 Bonds Total (7) = (5) + (6) $ - $161,476.50 $159,444.50 $159,412.50 $ 158,253.50 $157,031.00 Improvement Area #3 Reimbursement Obligation Principal $ - $ 1,857.35 $ 2,135.59 $ 1,448.84 $ 1,988.13 $ 2,481.89 Interest - 7,255.96 7,147.30 7,022.38 6,937.62 6,821.30 (8) $ - $ 9,113.31 $ 9,282.89 $ 8,471.22 $ 8,925.75 $ 9,303.19 Annual Collection Costs (9) $ - $ 40,000.00 $ 40,800.00 $ 41,616.00 $ 42,448.32 $ 43,297.29 Total Annual Installment (10) = (4) + (7) + (8) + (9) $ - $241,214.39 $241,214.40 $241,214.40 $ 241,214.39 $241,214.38 Footnotes: [c] Includes the allocable portion of the Major Improvement Area Annual Installment to Improvement Area #3. [d] Capitalized Interest for Improvement Area #2-4 Bonds for months from bond issuance to 9/15/2026. Improvement Area #3 Annual Installment Due 1/31/2026[f]1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031 Major Improvement Area Bonds[e] Principal $ - $ 12,635.56 $ 13,036.69 $ 13,638.38 $ 14,039.51 $ 14,641.20 Interest - 26,946.83 26,378.23 25,791.58 25,177.85 24,546.08 (1) $ - $ 39,582.39 $ 39,414.92 $ 39,429.96 $ 39,217.36 $ 39,187.28 Additional Interest (2) $ - $ 2,728.68 $ 2,665.50 $ 2,600.32 $ 2,532.13 $ 2,461.93 Annual Collection Costs (3) $ - $ 2,748.53 $ 4,542.40 $ 4,633.25 $ 4,725.91 $ 4,820.43 Major Improvement Area Bonds Total (4) = (1) + (2) + (3) $ - $ 45,059.60 $ 46,622.82 $ 46,663.53 $ 46,475.40 $ 46,469.64 Improvement Area #2-4 Bonds Principal $ - $ - $ 32,000.00 $ 33,000.00 $ 35,000.00 $ 36,000.00 Interest 45,783.56 122,089.50 122,089.50 120,217.50 118,287.00 116,239.50 Capitalized Interest (45,783.56) (122,089.50) - - - - (5) $ - $ - $ 154,089.50 $ 153,217.50 $ 153,287.00 $ 152,239.50 Additional Interest (6) $ - $ 10,435.00 $ 10,435.00 $ 10,275.00 $ 10,110.00 $ 9,935.00 Improvement Area #2-4 Bonds Total (7) = (5) + (6) $ - $ 10,435.00 $164,524.50 $163,492.50 $ 163,397.00 $162,174.50 Improvement Area #4 Reimbursement Obligation Principal $ - $ - $ 15,200.74 $ 16,265.28 $ 16,668.10 $ 18,022.48 Interest - - 63,085.94 62,196.68 61,245.16 60,270.08 (8) $ - $ - $ 78,286.68 $ 78,461.96 $ 77,913.26 $ 78,292.56 Annual Collection Costs (9) $ - $ 40,000.00 $ 40,800.00 $ 41,616.00 $ 42,448.32 $ 43,297.29 Total Annual Installment (10) = (4) + (7) + (8) + (9) $ - $ 95,494.60 $330,234.00 $330,233.99 $ 330,233.98 $330,233.99 Footnotes: Improvement Area #4 [e] Includes the allocable portion of the Major Improvement Area Annual Installment to Improvement Area #4. [f] Capitalized Interest for Improvement Area #2-4 Bonds for months from bond issuance to 9/15/2026. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 60 Annual Installment Due 1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031 Principal $ 63,000.00 $ 65,000.00 $ 68,000.00 $ 70,000.00 $ 73,000.00 Interest 134,355.00 131,520.00 128,595.00 125,535.00 122,385.00 (1) $ 197,355.00 $ 196,520.00 $ 196,595.00 $ 195,535.00 $ 195,385.00 Additional Interest (2) $ 13,605.00 $ 13,290.00 $ 12,965.00 $ 12,625.00 $ 12,275.00 Annual Collection Costs (3) $ 13,704.00 $ 22,648.08 $ 23,101.04 $ 23,563.06 $ 24,034.32 Total Annual Installment (4) = (1) + (2) + (3) $224,664.00 $232,458.08 $232,661.04 $231,723.06 $ 231,694.32 Footnotes: [g] The Major Improvement Area includes the total Improvement Area #2, Improvement Area #3, Improvement Area #4, and the Future Improvement Area's allocable portion of the Major Improvement Area Assessments. Major Improvement Area[g] SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 61 EXHIBIT D – SOURCES AND USES OF FUNDS Footnotes: [a] Not to be reimbursed to the Developer through proceeds from the Assessments. To be funded privately. [b] Not PID eligible. To be privately funded by the Developer. [c] Improvement Area #2-4 Bonds Bond Issuance Costs and Other Costs are preliminary estimates and subject to change. Privately Funded Improvement Area #1 Improvement Area #2 Improvement Area #3 Improvement Area #4 Major Improvement Area Total Improvement Area #1 Initial Bond -$ 9,400,000$ -$ -$ -$ -$ 9,400,000$ Improvement Area #1 Initial Bond Original Issue Discount - (20,470) - - - - (20,470) Improvement Area #1 Additional Bonds - 3,593,000 - - - - 3,593,000 Improvement Area #2-4 Bonds - - 2,705,000 2,039,000 2,087,000 - 6,831,000 Major Improvement Area Bond - - - - - 2,896,000 2,896,000 Reimbursement Obligation - 1,016 821,816 124,033 1,078,392 - 2,025,257 Original Issue Discount - (15,841) - - - - (15,841) Developer Contribution[a]- 1,247,291 209,443 369,405 143,059 173,081 2,142,279 Developer Contribution - Private Costs[b]6,981,429 - - - - - 6,981,429 Total Sources 6,981,429$ 14,204,996$ 3,736,259$ 2,532,438$ 3,308,451$ 3,069,081$ 33,832,654$ Major Improvements -$ 2,348,433$ -$ -$ -$ 2,259,650$ 4,608,083$ Improvement Area #1 Improvements - 9,316,223 - - - - 9,316,223 Improvement Area #2 Improvements - - 3,154,316 - - - 3,154,316 Improvement Area #3 Improvements - - - 2,083,927 - - 2,083,927 Improvement Area #4 Improvements - - - - 2,728,234 - 2,728,234 Private Costs[b]6,981,429 - - - - - 6,981,429 6,981,429$ 11,664,656$ 3,154,316$ 2,083,927$ 2,728,234$ 2,259,650$ 28,872,214$ Bond Issuance Costs - IA#1 Initial Bonds and MIA Bonds Debt Service Reserve Fund -$ 575,460$ -$ -$ -$ 198,230$ 773,690$ Capitalized Interest - 409,547 - - - 295,917 705,464 Underwriter's Discount - 188,000 - - - 57,920 245,920 Underwriter's Counsel - 94,000 - - - 28,960 122,960 Costs of Issuance - 569,883 - - - 193,404 763,286 -$ 1,836,890$ -$ -$ -$ 774,431$ 2,611,321$ Bond Issuance Costs - IA#1 Additional Bonds Debt Service Reserve Fund -$ 278,451$ -$ -$ -$ -$ 278,451$ Underwriter's Discount - 107,790 - - - - 107,790 Costs of Issuance - 269,918 - - - - 269,918 PID Administration Bond Preparation - 12,290 - - - - 12,290 -$ 668,450$ -$ -$ -$ -$ 668,450$ Bond Issuance Costs - Improvement Area #2-4 Bonds [c] Debt Service Reserve Fund -$ -$ 194,359$ 146,506$ 149,955$ -$ 490,820$ - - 59,341 44,731 167,873 - 271,945 Underwriter's Discount - - 81,150 61,170 62,610 - 204,930 Cost of Issuance - - 207,093 156,104 159,779 - 522,976 -$ -$ 541,943$ 408,511$ 540,217$ -$ 1,490,671$ Other Costs [c] Deposit to Administrative Fund -$ 35,000$ 40,000$ 40,000$ 40,000$ 35,000$ 190,000$ -$ 35,000$ 40,000$ 40,000$ 40,000$ 35,000$ 190,000$ Total Uses 6,981,429$ 14,204,996$ 3,736,259$ 2,532,438$ 3,308,451$ 3,069,081$ 33,832,654$ Sources of Funds Uses of Funds Improvement Area #2-4 Bonds SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 62 EXHIBIT E – MAXIMUM ASSESSMENT AND TAX RATE EQUIVALENT Footnotes: [a] Estimated Buildout Value for each Lot Type within Improvement Area #1 reflects estimated values at the time of the City Council’s approval of the 2021 Assessment Ordinance. Improvement Area #2, Improvement Area #3, and Improvement Area #4 Estimated Buildout Values are as provided by the Developer, dated 11/4/2025. [b] The Improvement Area #1 Average Annual Installment at the time the City Council approved the 2025 Amended and Restated Service and Assessment Plan. Per Unit Total Total Total Total Total Per Unit Total Per Unit Total Improvement Area #1 Lot Type 1 69 240,000$ 16,560,000$ 1,087,006$ 442,947$ 22,173.24$ 1,529,954$ 1,740.85$ 120,119$ 0.7254$ Lot Type 2 340 273,750$ 93,075,000$ 6,109,486$ 2,489,573$ 25,291.35$ 8,599,060$ 1,985.66$ 675,123$ 0.7254$ Lot Type 3 18 328,500$ 5,913,000$ 388,132$ 158,161$ 30,349.62$ 546,293$ 2,382.79$ 42,890$ 0.7254$ Lot Type 4 72 225,000$ 16,200,000$ 1,063,376$ 433,318$ 20,787.41$ 1,496,694$ 1,632.05$ 117,507$ 0.7254$ Improvement Area #1 Total 499 131,748,000$ 8,648,000$ 3,524,000$ 12,172,000$ 955,639$ Improvement Area #2 Lot Type 5 4 450,000$ 1,800,000$ 133,580$ 40,583$ 23,504$ 49,416.85$ 197,667$ 4,307.40$ 17,230$ 0.9572$ Lot Type 6 63 550,000$ 34,650,000$ 2,571,420$ 781,232$ 444,219$ 60,267.80$ 3,796,871$ 5,264.60$ 331,670$ 0.9572$ Improvement Area #2 Total 67 36,450,000$ 2,705,000$ 821,816$ 467,723$ 3,994,539$ 348,899$ Improvement Area #3 Lot Type 7 72 350,000$ 25,200,000$ 2,039,000$ 124,033$ 370,907$ 35,193.62$ 2,533,941$ 3,350.20$ 241,214$ 0.9572$ Improvement Area #3 Total 72 25,200,000$ 2,039,000$ 124,033$ 370,907$ 2,533,941$ 241,214$ Improvement Area #4 Lot Type 8 115 300,000$ 34,500,000$ 2,087,000$ 1,078,392$ 545,736$ 32,270.68$ 3,711,128$ 2,871.60$ 330,234$ 0.9572$ Improvement Area #4 Total 115 34,500,000$ 2,087,000$ 1,078,392$ 545,736$ 3,711,128$ 330,234$ Future Improvement Area Total 160 62,271,750$ 1,336,634$ 1,336,634$ 112,098$ Major Improvement Area Total 414 158,421,750$ 2,721,000$ 2,721,000$ 228,199$ Grand Total 913 290,169,750$ 15,479,000$ 3,524,000$ 2,024,241$ 2,721,000$ 23,748,241$ Major Improvement Area Bonds Reimbursement Obligation Assessments Estimated Buildout Value[a]Total Assessment[c]Average Annual Installment[b]Lot Type Units PID TRE Improvement Area PID Bonds Additional Bonds Major Improvement Area SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 63 EXHIBIT F-1 – IMPROVEMENT AREA #1 ASSESSMENT ROLL SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 64 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 65 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 66 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 67 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 68 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 69 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 70 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 71 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 72 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 73 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 74 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 75 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 76 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 77 EXHIBIT F-2 – IMPROVEMENT AREA #1 ANNUAL INSTALLMENTS Principal Interest[a]Principal Interest[b] 2027 204,000.00$ 354,575.00$ 69,000.00$ 193,115.00$ 60,860.00$ 55,079.64$ 936,629.64$ 2028 212,000.00$ 346,925.00$ 72,000.00$ 190,010.00$ 59,495.00$ 64,851.23$ 945,281.23$ 2029 220,000.00$ 338,975.00$ 76,000.00$ 186,770.00$ 58,075.00$ 66,148.26$ 945,968.26$ 2030 228,000.00$ 330,725.00$ 79,000.00$ 183,350.00$ 56,595.00$ 67,471.22$ 945,141.22$ 2031 237,000.00$ 322,175.00$ 83,000.00$ 179,795.00$ 55,060.00$ 68,820.65$ 945,850.65$ 2032 247,000.00$ 313,287.50$ 88,000.00$ 176,060.00$ 53,460.00$ 70,197.06$ 948,004.56$ 2033 257,000.00$ 303,407.50$ 92,000.00$ 172,100.00$ 51,785.00$ 71,601.00$ 947,893.50$ 2034 268,000.00$ 293,127.50$ 96,000.00$ 167,960.00$ 50,040.00$ 73,033.02$ 948,160.52$ 2035 279,000.00$ 282,407.50$ 101,000.00$ 163,640.00$ 48,220.00$ 74,493.68$ 948,761.18$ 2036 290,000.00$ 271,247.50$ 106,000.00$ 159,095.00$ 46,320.00$ 75,983.56$ 948,646.06$ 2037 302,000.00$ 259,647.50$ 113,000.00$ 153,132.50$ 44,340.00$ 77,503.23$ 949,623.23$ 2038 315,000.00$ 247,567.50$ 120,000.00$ 146,776.26$ 42,265.00$ 79,053.29$ 950,662.05$ 2039 328,000.00$ 234,967.50$ 127,000.00$ 140,026.26$ 40,090.00$ 80,634.36$ 950,718.12$ 2040 342,000.00$ 221,847.50$ 135,000.00$ 132,882.50$ 37,815.00$ 82,247.04$ 951,792.04$ 2041 356,000.00$ 208,167.50$ 143,000.00$ 125,288.76$ 35,430.00$ 83,891.98$ 951,778.24$ 2042 372,000.00$ 193,927.50$ 152,000.00$ 117,245.00$ 32,935.00$ 85,569.82$ 953,677.32$ 2043 388,000.00$ 178,117.50$ 161,000.00$ 108,695.00$ 30,315.00$ 87,281.22$ 953,408.72$ 2044 405,000.00$ 161,627.50$ 171,000.00$ 99,638.76$ 27,570.00$ 89,026.85$ 953,863.11$ 2045 424,000.00$ 144,415.00$ 182,000.00$ 90,020.00$ 24,690.00$ 90,807.38$ 955,932.38$ 2046 443,000.00$ 126,395.00$ 193,000.00$ 79,782.50$ 21,660.00$ 92,623.53$ 956,461.03$ 2047 463,000.00$ 107,567.50$ 205,000.00$ 68,443.76$ 18,480.00$ 94,476.00$ 956,967.26$ 2048 483,000.00$ 87,890.00$ 218,000.00$ 56,400.00$ 15,140.00$ 96,365.52$ 956,795.52$ 2049 505,000.00$ 67,362.50$ 232,000.00$ 43,592.50$ 11,635.00$ 98,292.83$ 957,882.83$ 2050 528,000.00$ 45,900.00$ 247,000.00$ 29,962.50$ 7,950.00$ 100,258.69$ 959,071.19$ 2051 552,000.00$ 23,460.00$ 263,000.00$ 15,451.26$ 4,075.00$ 102,263.86$ 960,250.12$ Total 8,648,000.00$ 5,465,712.50$ 3,524,000.00$ 3,179,232.56$ 934,300.00$ 2,027,974.93$ 23,779,219.99$ Notes: [a] Interest on the Improvement Area #1 Initial Bonds is calculated at 3.250%, 3.750%, 4.000%,and 4.250%rate for term bonds due 2026, 2031, 2041, and 2051 respectively. [b] Interest on the Improvement Area #1 Additional Bonds is calculated at 4.500%, 5.625%,and 5.875%rate for term bonds due 2035, 2045,and 2051 respectively. [c]The figures shown above are estimates only and subject to change in Annual Service Plan Updates.Changes in Collection Costs,reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Improvement Area #1 Additional BondsImprovement Area #1 Initial Bonds Annual Installment Due 1/31 Total Additional Interest Annual Collection Costs Total Annual Installment Due[c] SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 78 EXHIBIT G-1 – IMPROVEMENT AREA #2 ASSESSMENT ROLL 2856586 Improvement Area #2 Initial Parcel 18,631.88$ 1,639.19$ 2797551 Improvement Area #2 Initial Parcel 2,039,853.99$ 179,461.60$ 1007216 Improvement Area #2 Initial Parcel 1,468,329.92$ 129,180.25$ Notes: [a] The Improvement Area #2 Assessment and Improvement Area #2 Annual Installment have initially been allocated between all Property IDs within Improvement Area #2 pro rata based on acreage as reported by Collin Central Appraisal District. Future allocation of the Assessment will be done in accordance with Section VI of this 2026 Amended and Restated Service and Assessment Plan. [b] Totals may not match Service Plan or Annual Installment schedule due to rounding. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 79 EXHIBIT G-2 – IMPROVEMENT AREA #2 ASSESSMENT ROLL BY BLOCK AND LOT [c] Property ID[a] Phase Block Lot Lot Type Outstanding Assessment Total Annual Installment Due 1/31/2027 TBD 2 W 48 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 49 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 50 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 51 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 52 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 53 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 54 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 55 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 56 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 57 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 58 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 59 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 60 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 61 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 62 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 63 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 64 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 65 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 66 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 67 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 68 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 69 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 70 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 71 Lot Type 6 $53,216.70 $4,681.88 TBD 2 W 72X Non-Benefited Property $0.00 $0.00 TBD 2 V 15 Lot Type 5 $43,540.94 $3,830.63 TBD 2 V 16 Lot Type 5 $43,540.94 $3,830.63 TBD 2 X 11 Lot Type 6 $53,216.70 $4,681.88 TBD 2 X 12 Lot Type 6 $53,216.70 $4,681.88 TBD 2 X 13 Lot Type 6 $53,216.70 $4,681.88 TBD 2 X 14 Lot Type 6 $53,216.70 $4,681.88 TBD 2 X 15 Lot Type 6 $53,216.70 $4,681.88 TBD 2 X 16 Lot Type 6 $53,216.70 $4,681.88 TBD 2 X 17 Lot Type 6 $53,216.70 $4,681.88 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 80 Legal Description Improvement Area #2[c] Property ID[a] Phase Block Lot Lot Type Outstanding Assessment Total Annual Installment Due 1/31/2027 TBD 2 X 18 Lot Type 6 $53,216.70 $4,681.88 TBD 3 X 19 Lot Type 6 $53,216.70 $4,681.88 TBD 2 BB 10 Lot Type 5 $43,540.94 $3,830.63 TBD 2 BB 11 Lot Type 5 $43,540.94 $3,830.63 TBD 2 CC 1 Lot Type 6 $53,216.70 $4,681.88 TBD 2 CC 2 Lot Type 6 $53,216.70 $4,681.88 TBD 2 CC 3 Lot Type 6 $53,216.70 $4,681.88 TBD 2 CC 4 Lot Type 6 $53,216.70 $4,681.88 TBD 2 CC 5 Lot Type 6 $53,216.70 $4,681.88 TBD 2 CC 6 Lot Type 6 $53,216.70 $4,681.88 TBD 2 CC 7 Lot Type 6 $53,216.70 $4,681.88 TBD 2 CC 8X Non-Benefited Property $0.00 $0.00 TBD 2 DD 1 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 2 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 3 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 4 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 5 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 6 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 7 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 8 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 9 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 10 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 11 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 12 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 13 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 14 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 15 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 16 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 17 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 18 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 19 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 20 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 21 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 22 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 23 Lot Type 6 $53,216.70 $4,681.88 TBD 2 DD 24X Non-Benefited Property $0.00 $0.00 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 81 Legal Description Improvement Area #2[c] Property ID[a] Phase Block Lot Lot Type Outstanding Assessment Total Annual Installment Due 1/31/2027 TBD 2 DD 25X Non-Benefited Property $0.00 $0.00 TBD 2 DD 26X Non-Benefited Property $0.00 $0.00 [b] Notes: [a] Property IDs reflected as "TBD" have not yet been assigned a Property ID by the Collin Central Appraisal District for Tax Year 2026 at the time of this 2026 Amended and Restated Service and Assessment Plan. [b] Totals may not sum or match the Service Plan or Improvement Area #2 Annual Installment schedule due to rounding. [c] For illustrative purposes only. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 82 EXHIBIT G-3 – IMPROVEMENT AREA #2 ANNUAL INSTALLMENT 2026 -$ -$ -$ -$ -$ -$ 59,340.94$ -$ (59,340.94)$ -$ -$ -$ -$ -$ 2027 10,829.31$ 23,094.79$ 2,338.61$ -$ 2,355.63$ 40,000.00$ 158,242.50$ 13,525.00$ -$ -$ 10,437.32$ 48,076.22$ 40,000.00$ 348,899.38$ 2028 11,173.09$ 22,607.47$ 2,284.47$ -$ 3,893.06$ 40,000.00$ 155,902.50$ 13,325.00$ -$ -$ 11,448.18$ 47,465.64$ 40,800.00$ 348,899.41$ 2029 11,688.78$ 22,104.68$ 2,228.60$ -$ 3,970.93$ 42,000.00$ 153,562.50$ 13,125.00$ -$ -$ 11,806.98$ 46,795.92$ 41,616.00$ 348,899.38$ 2030 12,032.56$ 21,578.68$ 2,170.16$ -$ 4,050.34$ 44,000.00$ 151,105.50$ 12,915.00$ -$ -$ 12,493.60$ 46,105.22$ 42,448.32$ 348,899.39$ 2031 12,548.24$ 21,037.22$ 2,110.00$ -$ 4,131.35$ 46,000.00$ 148,531.50$ 12,695.00$ -$ -$ 13,174.45$ 45,374.34$ 43,297.29$ 348,899.39$ 2032 13,063.93$ 20,472.55$ 2,047.25$ -$ 4,213.98$ 48,000.00$ 145,840.50$ 12,465.00$ -$ -$ 14,029.31$ 44,603.64$ 44,163.24$ 348,899.40$ 2033 13,579.61$ 19,819.35$ 1,981.94$ -$ 4,298.26$ 50,000.00$ 143,032.50$ 12,225.00$ -$ -$ 15,133.32$ 43,782.92$ 45,046.50$ 348,899.39$ 2034 14,267.18$ 19,140.37$ 1,914.04$ -$ 4,384.22$ 52,000.00$ 140,107.50$ 11,975.00$ -$ -$ 16,266.03$ 42,897.62$ 45,947.43$ 348,899.39$ 2035 14,782.86$ 18,427.01$ 1,842.70$ -$ 4,471.91$ 55,000.00$ 137,065.50$ 11,715.00$ -$ -$ 16,781.97$ 41,946.06$ 46,866.38$ 348,899.39$ 2036 15,470.44$ 17,687.87$ 1,768.79$ -$ 4,561.34$ 58,000.00$ 133,848.00$ 11,440.00$ -$ -$ 17,354.93$ 40,964.32$ 47,803.71$ 348,899.40$ 2037 16,158.01$ 16,914.35$ 1,691.43$ -$ 4,652.57$ 60,000.00$ 130,455.00$ 11,150.00$ -$ -$ 19,169.20$ 39,949.04$ 48,759.78$ 348,899.39$ 2038 16,845.59$ 16,106.45$ 1,610.64$ -$ 4,745.62$ 63,000.00$ 126,945.00$ 10,850.00$ -$ -$ 20,233.47$ 38,827.64$ 49,734.98$ 348,899.39$ 2039 17,705.06$ 15,264.17$ 1,526.42$ -$ 4,840.54$ 66,000.00$ 123,259.50$ 10,535.00$ -$ -$ 21,395.04$ 37,644.00$ 50,729.68$ 348,899.40$ 2040 18,392.63$ 14,378.91$ 1,437.89$ -$ 4,937.35$ 70,000.00$ 119,398.50$ 10,205.00$ -$ -$ 22,012.45$ 36,392.38$ 51,744.27$ 348,899.38$ 2041 19,252.10$ 13,459.28$ 1,345.93$ -$ 5,036.09$ 73,000.00$ 115,303.50$ 9,855.00$ -$ -$ 23,763.68$ 35,104.66$ 52,779.16$ 348,899.40$ 2042 20,111.57$ 12,496.68$ 1,249.67$ -$ 5,136.81$ 77,000.00$ 111,033.00$ 9,490.00$ -$ -$ 24,832.45$ 33,714.48$ 53,834.74$ 348,899.40$ 2043 21,142.93$ 11,491.10$ 1,149.11$ -$ 5,239.55$ 80,000.00$ 106,528.50$ 9,105.00$ -$ -$ 27,069.99$ 32,261.78$ 54,911.43$ 348,899.39$ 2044 22,174.30$ 10,433.95$ 1,043.40$ -$ 5,344.34$ 85,000.00$ 101,848.50$ 8,705.00$ -$ -$ 27,662.06$ 30,678.18$ 56,009.66$ 348,899.38$ 2045 23,205.66$ 9,325.24$ 932.52$ -$ 5,451.23$ 89,000.00$ 96,876.00$ 8,280.00$ -$ -$ 29,638.93$ 29,059.96$ 57,129.85$ 348,899.39$ 2046 24,237.02$ 8,164.95$ 816.50$ -$ 5,560.25$ 93,000.00$ 91,669.50$ 7,835.00$ -$ -$ 32,017.64$ 27,326.08$ 58,272.45$ 348,899.39$ 2047 25,268.38$ 6,953.10$ 695.31$ -$ 5,671.46$ 98,000.00$ 86,229.00$ 7,370.00$ -$ -$ 33,821.19$ 25,453.04$ 59,437.90$ 348,899.39$ 2048 26,471.64$ 5,689.68$ 568.97$ -$ 5,784.89$ 104,000.00$ 80,496.00$ 6,880.00$ -$ -$ 34,907.05$ 23,474.50$ 60,626.66$ 348,899.39$ 2049 27,846.79$ 4,366.10$ 436.61$ -$ 5,900.59$ 109,000.00$ 74,412.00$ 6,360.00$ -$ -$ 37,305.67$ 21,432.44$ 61,839.19$ 348,899.39$ 2050 29,050.05$ 2,973.76$ 297.38$ -$ 6,018.60$ 115,000.00$ 68,035.50$ 5,815.00$ -$ -$ 39,383.07$ 19,250.06$ 63,075.97$ 348,899.38$ 2051 30,425.20$ 1,521.26$ 152.13$ (34,074.50)$ 6,138.97$ 121,000.00$ 61,308.00$ 5,240.00$ -$ -$ 41,830.19$ 16,946.16$ 64,337.49$ 314,824.89$ 2052 -$ -$ -$ -$ -$ 166,000.00$ 54,229.50$ 4,635.00$ -$ -$ 43,911.57$ 14,499.08$ 65,624.24$ 348,899.39$ 2053 -$ -$ -$ -$ -$ 175,000.00$ 44,518.50$ 3,805.00$ -$ -$ 46,708.92$ 11,930.26$ 66,936.72$ 348,899.40$ 2054 -$ -$ -$ -$ -$ 185,000.00$ 34,281.00$ 2,930.00$ -$ -$ 49,215.15$ 9,197.78$ 68,275.45$ 348,899.38$ 2055 -$ -$ -$ -$ -$ 195,000.00$ 23,458.50$ 2,005.00$ -$ -$ 52,476.22$ 6,318.70$ 69,640.96$ 348,899.38$ 2056 -$ -$ -$ -$ -$ 206,000.00$ 12,051.00$ 1,030.00$ -$ (194,359.27)$ 55,535.76$ 3,248.84$ 71,033.78$ 154,540.11$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #2 Reimbursement Obligation is calculated at a 5.850% rate. [d] Assumes the Reserve Fund is fully funded and available to reduce Annual Installments in the final year. [e] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [f] The Parcels allocable share within Improvement Area #2 of the Major Improvement Area Annual Installment has been billed and collected for the Annual Installment due 1/31/2026 and has been remitted to the Trustee. [g] No Improvement Area #2 Assessment was collected in 2026, and capitalized interest is to be used for the 9/15/2026 Improvement Area #2-4 Bonds debt service payment. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 83 EXHIBIT H-1 – IMPROVEMENT AREA #3 ASSESSMENT ROLL 2797418 Improvement Area #3 Initial Parcel 717,762.68$ 69,880.34$ 2797551 Improvement Area #3 Initial Parcel 1,016,310.12$ 98,946.48$ 2797548 Improvement Area #3 Initial Parcel 428,960.67$ 41,762.99$ Footnotes: [a] The Improvement Area #3 Assessment and Improvement Area #3 Annual Installment have initially been allocated between all Property IDs within Improvement Area #3 pro rata based on acreage as reported by Collin Central Appraisal District. Future allocation of the Assessment will be done in accordance with Section VI of this 2026 Amended and Restated Service and Assessment Plan. [b] Totals may not match Service Plan or Annual Installment schedule due to rounding. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 84 EXHIBIT H-2 – IMPROVEMENT AREA #3 ASSESSMENT ROLL BY BLOCK AND LOT [c] Property ID[a] Phase Block Lot Lot Type Outstanding Assessment Total Annual Installment Due 1/31/2027 TBD 2 L 1 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 2 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 3 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 4 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 5 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 6 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 7 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 8 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 9 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 10 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 11 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 12 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 13 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 14 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 15 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 16 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 17 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 18 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 19 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 20 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 21 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 22 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 23 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 24 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 25 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 26 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 27 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 28 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 29 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 30 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 31 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 32 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 33 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 34 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 35 Lot Type 7 $30,042.13 $2,924.86 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 85 TBD 3 L 36 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 37 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 38 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 39 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 40 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 41 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 42 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 43 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 44 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 45 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 46 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 47 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 48 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 49 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 50 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 51 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 52 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 53 Lot Type 7 $30,042.13 $2,924.86 TBD 2 L 54X Non-Benefited Property $0.00 $0.00 TBD 2 L 55X Non-Benefited Property $0.00 $0.00 TBD 2 M 1 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 2 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 3 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 4 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 5 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 6 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 7 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 8 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 9 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 10 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 11 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 12 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 13 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 14 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 15 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 16 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 17 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 18 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 19 Lot Type 7 $30,042.13 $2,924.86 TBD 2 M 20X Non-Benefited Property $0.00 $0.00 Total[b] SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 86 Notes: [a] Property IDs reflected as "TBD" have not yet been assigned a Property ID by the Collin Central Appraisal District for Tax Year 2026 at the time of this 2026 Amended and Restated Service and Assessment Plan. [b] Totals may not sum or match the Service Plan or Improvement Area #3 Annual Installment schedule due to rounding. [c] For illustrative purposes only. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 87 EXHIBIT H-3 – IMPROVEMENT AREA #3 ANNUAL INSTALLMENT 2026 -$ -$ -$ -$ -$ -$ 44,730.56$ -$ (44,730.56)$ -$ -$ -$ -$ -$ 2027 8,587.71$ 18,314.31$ 1,854.54$ -$ 1,868.03$ 32,000.00$ 119,281.50$ 10,195.00$ -$ -$ 1,857.35$ 7,255.96$ 40,000.00$ 241,214.39$ 2028 8,860.33$ 17,927.86$ 1,811.60$ -$ 3,087.22$ 32,000.00$ 117,409.50$ 10,035.00$ -$ -$ 2,135.59$ 7,147.30$ 40,800.00$ 241,214.40$ 2029 9,269.27$ 17,529.15$ 1,767.30$ -$ 3,148.97$ 34,000.00$ 115,537.50$ 9,875.00$ -$ -$ 1,448.84$ 7,022.38$ 41,616.00$ 241,214.40$ 2030 9,541.90$ 17,112.03$ 1,720.95$ -$ 3,211.95$ 35,000.00$ 113,548.50$ 9,705.00$ -$ -$ 1,988.13$ 6,937.62$ 42,448.32$ 241,214.39$ 2031 9,950.84$ 16,682.64$ 1,673.24$ -$ 3,276.19$ 36,000.00$ 111,501.00$ 9,530.00$ -$ -$ 2,481.89$ 6,821.30$ 43,297.29$ 241,214.38$ 2032 10,359.77$ 16,234.86$ 1,623.49$ -$ 3,341.71$ 38,000.00$ 109,395.00$ 9,350.00$ -$ -$ 2,070.21$ 6,676.12$ 44,163.24$ 241,214.39$ 2033 10,768.71$ 15,716.87$ 1,571.69$ -$ 3,408.54$ 39,000.00$ 107,172.00$ 9,160.00$ -$ -$ 2,815.07$ 6,555.02$ 45,046.50$ 241,214.40$ 2034 11,313.96$ 15,178.43$ 1,517.84$ -$ 3,476.71$ 41,000.00$ 104,890.50$ 8,965.00$ -$ -$ 2,534.18$ 6,390.32$ 45,947.43$ 241,214.38$ 2035 11,722.90$ 14,612.73$ 1,461.27$ -$ 3,546.25$ 43,000.00$ 102,492.00$ 8,760.00$ -$ -$ 2,510.78$ 6,242.08$ 46,866.38$ 241,214.40$ 2036 12,268.15$ 14,026.59$ 1,402.66$ -$ 3,617.17$ 45,000.00$ 99,976.50$ 8,545.00$ -$ -$ 2,479.41$ 6,095.20$ 47,803.71$ 241,214.39$ 2037 12,813.40$ 13,413.18$ 1,341.32$ -$ 3,689.52$ 47,000.00$ 97,344.00$ 8,320.00$ -$ -$ 2,583.03$ 5,950.16$ 48,759.78$ 241,214.39$ 2038 13,358.66$ 12,772.51$ 1,277.25$ -$ 3,763.31$ 49,000.00$ 94,594.50$ 8,085.00$ -$ -$ 2,829.14$ 5,799.04$ 49,734.98$ 241,214.38$ 2039 14,040.22$ 12,104.58$ 1,210.46$ -$ 3,838.57$ 51,000.00$ 91,728.00$ 7,840.00$ -$ -$ 3,089.35$ 5,633.54$ 50,729.68$ 241,214.40$ 2040 14,585.47$ 11,402.57$ 1,140.26$ -$ 3,915.35$ 53,000.00$ 88,744.50$ 7,585.00$ -$ -$ 3,644.16$ 5,452.82$ 51,744.27$ 241,214.39$ 2041 15,267.03$ 10,673.29$ 1,067.33$ -$ 3,993.65$ 56,000.00$ 85,644.00$ 7,320.00$ -$ -$ 3,230.30$ 5,239.64$ 52,779.16$ 241,214.41$ 2042 15,948.60$ 9,909.94$ 990.99$ -$ 4,073.53$ 58,000.00$ 82,368.00$ 7,040.00$ -$ -$ 3,997.94$ 5,050.66$ 53,834.74$ 241,214.40$ 2043 16,766.48$ 9,112.51$ 911.25$ -$ 4,155.00$ 61,000.00$ 78,975.00$ 6,750.00$ -$ -$ 3,815.95$ 4,816.78$ 54,911.43$ 241,214.39$ 2044 17,584.35$ 8,274.19$ 827.42$ -$ 4,238.10$ 64,000.00$ 75,406.50$ 6,445.00$ -$ -$ 3,835.63$ 4,593.54$ 56,009.66$ 241,214.38$ 2045 18,402.23$ 7,394.97$ 739.50$ -$ 4,322.86$ 67,000.00$ 71,662.50$ 6,125.00$ -$ -$ 4,068.32$ 4,369.16$ 57,129.85$ 241,214.38$ 2046 19,220.11$ 6,474.86$ 647.49$ -$ 4,409.32$ 70,000.00$ 67,743.00$ 5,790.00$ -$ -$ 4,526.01$ 4,131.16$ 58,272.45$ 241,214.39$ 2047 20,037.98$ 5,513.85$ 551.39$ -$ 4,497.50$ 73,000.00$ 63,648.00$ 5,440.00$ -$ -$ 5,221.37$ 3,866.40$ 59,437.90$ 241,214.39$ 2048 20,992.17$ 4,511.95$ 451.20$ -$ 4,587.45$ 77,000.00$ 59,377.50$ 5,075.00$ -$ -$ 5,031.51$ 3,560.94$ 60,626.66$ 241,214.38$ 2049 22,082.68$ 3,462.35$ 346.23$ -$ 4,679.20$ 80,000.00$ 54,873.00$ 4,690.00$ -$ -$ 5,975.15$ 3,266.60$ 61,839.19$ 241,214.40$ 2050 23,036.86$ 2,358.21$ 235.82$ -$ 4,772.78$ 84,000.00$ 50,193.00$ 4,290.00$ -$ -$ 6,334.68$ 2,917.06$ 63,075.97$ 241,214.39$ 2051 24,127.37$ 1,206.37$ 120.64$ (27,021.29)$ 4,868.24$ 88,000.00$ 45,279.00$ 3,870.00$ -$ -$ 6,858.81$ 2,546.48$ 64,337.49$ 214,193.10$ 2052 -$ -$ -$ -$ -$ 123,000.00$ 40,131.00$ 3,430.00$ -$ -$ 6,883.92$ 2,145.24$ 65,624.24$ 241,214.40$ 2053 -$ -$ -$ -$ -$ 130,000.00$ 32,935.50$ 2,815.00$ -$ -$ 6,784.65$ 1,742.52$ 66,936.72$ 241,214.39$ 2054 -$ -$ -$ -$ -$ 137,000.00$ 25,330.50$ 2,165.00$ -$ -$ 7,097.81$ 1,345.62$ 68,275.45$ 241,214.38$ 2055 -$ -$ -$ -$ -$ 144,000.00$ 17,316.00$ 1,480.00$ -$ -$ 7,847.03$ 930.40$ 69,640.96$ 241,214.39$ 2056 -$ -$ -$ -$ -$ 152,000.00$ 8,892.00$ 760.00$ -$ (146,505.93)$ 8,057.26$ 471.34$ 71,033.78$ 94,708.45$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #3 Reimbursement Obligation is calculated at a 5.850% rate. [d] Assumes the Reserve Fund is fully funded and available to reduce Annual Installments in the final year. [e] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [f] The Parcels allocable share within Improvement Area #3 of the Major Improvement Area Annual Installment has been billed and collected for the Annual Installment due 1/31/2026 and has been remitted to the Trustee. [g] No Improvement Area #3 Assessment was collected in 2026, and capitalized interest is to be used for the 9/15/2026 Improvement Area #2-4 Bonds debt service payment. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 88 EXHIBIT I-1 – IMPROVEMENT AREA #4 ASSESSMENT ROLL Property ID[a]Lot Type Outstanding Assessment Annual Installment Due 1/31/2027[c] 2797418 Improvement Area #4 Initial Parcel 1,981,297.59$ 31,568.52$ 2797548 Improvement Area #4 Initial Parcel 1,184,094.38$ 18,866.48$ 3,165,391.97$ 50,435.00$ Footnotes: Total[b] [a] The Improvement Area #4 Assessment and Improvement Area #4 Annual Installment have initially been allocated between all Property IDs within Improvement Area #4 pro rata based on acreage as reported by Collin Central Appraisal District. Future allocation of the Assessment will be done in accordance with Section VI of this 2026 Amended and Restated Service and Assessment Plan. [b] Totals may not match Service Plan or Annual Installment schedule due to rounding. [c] Includes Capitalized Interest. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 89 EXHIBIT I-2 – IMPROVEMENT AREA #4 ANNUAL INSTALLMENT Principal Interest[a]Additional Interest Reserve Fund[d] Annual Collection Costs Principal Interest[b]Additional Interest Capitalized Interest Reserve Fund[d]Principal Interest[c] 2026 -$ -$ -$ -$ -$ -$ 45,783.56$ -$ (45,783.56)$ -$ -$ -$ -$ -$ 2027 12,635.56$ 26,946.83$ 2,728.68$ -$ 2,748.53$ -$ 122,089.50$ 10,435.00$ (122,089.50)$ -$ -$ -$ 40,000.00$ 95,494.60$ 2028 13,036.69$ 26,378.23$ 2,665.50$ -$ 4,542.40$ 32,000.00$ 122,089.50$ 10,435.00$ -$ -$ 15,200.74$ 63,085.94$ 40,800.00$ 330,234.00$ 2029 13,638.38$ 25,791.58$ 2,600.32$ -$ 4,633.25$ 33,000.00$ 120,217.50$ 10,275.00$ -$ -$ 16,265.28$ 62,196.68$ 41,616.00$ 330,233.99$ 2030 14,039.51$ 25,177.85$ 2,532.13$ -$ 4,725.91$ 35,000.00$ 118,287.00$ 10,110.00$ -$ -$ 16,668.10$ 61,245.16$ 42,448.32$ 330,233.98$ 2031 14,641.20$ 24,546.08$ 2,461.93$ -$ 4,820.43$ 36,000.00$ 116,239.50$ 9,935.00$ -$ -$ 18,022.48$ 60,270.08$ 43,297.29$ 330,233.99$ 2032 15,242.90$ 23,887.22$ 2,388.72$ -$ 4,916.84$ 38,000.00$ 114,133.50$ 9,755.00$ -$ -$ 18,530.81$ 59,215.76$ 44,163.24$ 330,233.99$ 2033 15,844.59$ 23,125.08$ 2,312.51$ -$ 5,015.18$ 39,000.00$ 111,910.50$ 9,565.00$ -$ -$ 20,282.93$ 58,131.72$ 45,046.50$ 330,234.00$ 2034 16,646.85$ 22,332.85$ 2,233.28$ -$ 5,115.48$ 41,000.00$ 109,629.00$ 9,370.00$ -$ -$ 21,013.94$ 56,945.16$ 45,947.43$ 330,233.99$ 2035 17,248.54$ 21,500.51$ 2,150.05$ -$ 5,217.79$ 43,000.00$ 107,230.50$ 9,165.00$ -$ -$ 22,139.38$ 55,715.84$ 46,866.38$ 330,233.99$ 2036 18,050.80$ 20,638.08$ 2,063.81$ -$ 5,322.14$ 45,000.00$ 104,715.00$ 8,950.00$ -$ -$ 23,269.76$ 54,420.70$ 47,803.71$ 330,234.00$ 2037 18,853.06$ 19,735.54$ 1,973.55$ -$ 5,428.59$ 47,000.00$ 102,082.50$ 8,725.00$ -$ -$ 24,616.56$ 53,059.42$ 48,759.78$ 330,234.00$ 2038 19,655.31$ 18,792.89$ 1,879.29$ -$ 5,537.16$ 49,000.00$ 99,333.00$ 8,490.00$ -$ -$ 26,192.03$ 51,619.34$ 49,734.98$ 330,234.00$ 2039 20,658.14$ 17,810.12$ 1,781.01$ -$ 5,647.90$ 51,000.00$ 96,466.50$ 8,245.00$ -$ -$ 27,808.53$ 50,087.12$ 50,729.68$ 330,234.00$ 2040 21,460.39$ 16,777.21$ 1,677.72$ -$ 5,760.86$ 53,000.00$ 93,483.00$ 7,990.00$ -$ -$ 29,880.22$ 48,460.32$ 51,744.27$ 330,234.00$ 2041 22,463.22$ 15,704.19$ 1,570.42$ -$ 5,876.08$ 56,000.00$ 90,382.50$ 7,725.00$ -$ -$ 31,021.12$ 46,712.32$ 52,779.16$ 330,234.01$ 2042 23,466.04$ 14,581.03$ 1,458.10$ -$ 5,993.60$ 58,000.00$ 87,106.50$ 7,445.00$ -$ -$ 33,451.40$ 44,897.58$ 53,834.74$ 330,233.99$ 2043 24,669.42$ 13,407.73$ 1,340.77$ -$ 6,113.47$ 61,000.00$ 83,713.50$ 7,155.00$ -$ -$ 34,981.99$ 42,940.68$ 54,911.43$ 330,234.00$ 2044 25,872.81$ 12,174.26$ 1,217.43$ -$ 6,235.74$ 64,000.00$ 80,145.00$ 6,850.00$ -$ -$ 36,834.86$ 40,894.24$ 56,009.66$ 330,234.00$ 2045 27,076.20$ 10,880.62$ 1,088.06$ -$ 6,360.46$ 66,000.00$ 76,401.00$ 6,530.00$ -$ -$ 40,028.41$ 38,739.40$ 57,129.85$ 330,233.99$ 2046 28,279.58$ 9,526.81$ 952.68$ -$ 6,487.66$ 70,000.00$ 72,540.00$ 6,200.00$ -$ -$ 41,577.08$ 36,397.74$ 58,272.45$ 330,234.01$ 2047 29,482.97$ 8,112.83$ 811.28$ -$ 6,617.42$ 73,000.00$ 68,445.00$ 5,850.00$ -$ -$ 44,511.12$ 33,965.48$ 59,437.90$ 330,234.00$ 2048 30,886.92$ 6,638.68$ 663.87$ -$ 6,749.77$ 77,000.00$ 64,174.50$ 5,485.00$ -$ -$ 46,647.03$ 31,361.58$ 60,626.66$ 330,234.01$ 2049 32,491.44$ 5,094.34$ 509.43$ -$ 6,884.76$ 80,000.00$ 59,670.00$ 5,100.00$ -$ -$ 50,012.12$ 28,632.72$ 61,839.19$ 330,234.00$ 2050 33,895.39$ 3,469.76$ 346.98$ -$ 7,022.46$ 84,000.00$ 54,990.00$ 4,700.00$ -$ -$ 53,026.42$ 25,707.02$ 63,075.97$ 330,233.99$ 2051 35,499.90$ 1,775.00$ 177.50$ (39,757.89)$ 7,162.91$ 89,000.00$ 50,076.00$ 4,280.00$ -$ -$ 55,320.23$ 22,604.96$ 64,337.49$ 290,476.10$ 2052 -$ -$ -$ -$ -$ 138,000.00$ 44,869.50$ 3,835.00$ -$ -$ 58,536.52$ 19,368.74$ 65,624.24$ 330,234.00$ 2053 -$ -$ -$ -$ -$ 145,000.00$ 36,796.50$ 3,145.00$ -$ -$ 62,411.43$ 15,944.34$ 66,936.72$ 330,233.99$ 2054 -$ -$ -$ -$ -$ 153,000.00$ 28,314.00$ 2,420.00$ -$ -$ 65,931.26$ 12,293.28$ 68,275.45$ 330,233.99$ 2055 -$ -$ -$ -$ -$ 161,000.00$ 19,363.50$ 1,655.00$ -$ -$ 70,138.23$ 8,436.30$ 69,640.96$ 330,233.99$ 2056 -$ -$ -$ -$ -$ 170,000.00$ 9,945.00$ 850.00$ -$ (149,954.82)$ 74,071.99$ 4,333.22$ 71,033.78$ 180,279.17$ Total 545,735.79$ 414,805.33$ 41,585.03$ (39,757.89)$ 140,936.77$ 2,087,000.00$ 2,510,622.56$ 210,670.00$ (167,873.06)$ (149,954.82)$ 1,078,391.97$ 1,187,682.84$ 1,622,723.23$ 9,482,567.75$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #4 Reimbursement Obligation is calculated at a 5.850% rate. [d] Assumes the Reserve Fund is fully funded and available to reduce Annual Installments in the final year. [e] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [f] The Parcels allocable share within Improvement Area #4 of the Major Improvement Area Annual Installment has been billed and collected for the Annual Installment due 1/31/2026 and has been remitted to the Trustee. [g] No Improvement Area #4 Assessment was collected in 2026, and capitalized interest is to be used for the 9/15/2026 Improvement Area #2-4 Bonds debt service payment. Annual Installment Due 1/31 Major Improvement Area Bonds[f]Improvement Area #2-4 Bonds[g]Annual Collection Costs Total Annual Installment Due[e] Improvement Area #4 Reimbursement Obligation SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 90 EXHIBIT J-1 – MAJOR IMPROVEMENT AREA ASSESSMENT ROLL 1007216 Major Improvement Area Initial Parcel 464,713.60$ 38,369.87$ 2797552 Major Improvement Area Initial Parcel 918,596.02$ 75,845.44$ 2797418 Major Improvement Area Initial Parcel 443,887.83$ 36,650.35$ 2797551 Major Improvement Area Initial Parcel 628,519.30$ 51,894.77$ 2797548 Major Improvement Area Initial Parcel 265,283.26$ 21,903.56$ 2881010 Non-Benefited Property -$ -$ 2881269 Non-Benefited Property -$ -$ Notes: [a] The entire Major Improvement Area Initial Parcel is contained within Property IDs 1007216, 2797552, 2797418, 2797551, and 2797548. For billing purposes, the Annual Installment due 1/31/2027 shall be allocated pro rata based on acreage and are subject to change based on the final certified rolls provided by the County prior to billing. [b] Totals may not match Service Plan or Annual Installment schedule due to rounding. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 91 EXHIBIT J-2 – MAJOR IMPROVEMENT AREA ANNUAL INSTALLMENTS Installment Due 1/31 Principal Interest[a]Additional Interest Annual Collection Costs Total Installment Due[b] 2027 63,000.00$ 134,355.00$ 13,605.00$ 13,704.00$ 224,664.00$ 2028 65,000.00$ 131,520.00$ 13,290.00$ 22,648.08$ 232,458.08$ 2029 68,000.00$ 128,595.00$ 12,965.00$ 23,101.04$ 232,661.04$ 2030 70,000.00$ 125,535.00$ 12,625.00$ 23,563.06$ 231,723.06$ 2031 73,000.00$ 122,385.00$ 12,275.00$ 24,034.32$ 231,694.32$ 2032 76,000.00$ 119,100.00$ 11,910.00$ 24,515.01$ 231,525.01$ 2033 79,000.00$ 115,300.00$ 11,530.00$ 25,005.31$ 230,835.31$ 2034 83,000.00$ 111,350.00$ 11,135.00$ 25,505.42$ 230,990.42$ 2035 86,000.00$ 107,200.00$ 10,720.00$ 26,015.52$ 229,935.52$ 2036 90,000.00$ 102,900.00$ 10,290.00$ 26,535.84$ 229,725.84$ 2037 94,000.00$ 98,400.00$ 9,840.00$ 27,066.55$ 229,306.55$ 2038 98,000.00$ 93,700.00$ 9,370.00$ 27,607.88$ 228,677.88$ 2039 103,000.00$ 88,800.00$ 8,880.00$ 28,160.04$ 228,840.04$ 2040 107,000.00$ 83,650.00$ 8,365.00$ 28,723.24$ 227,738.24$ 2041 112,000.00$ 78,300.00$ 7,830.00$ 29,297.71$ 227,427.71$ 2042 117,000.00$ 72,700.00$ 7,270.00$ 29,883.66$ 226,853.66$ 2043 123,000.00$ 66,850.00$ 6,685.00$ 30,481.33$ 227,016.33$ 2044 129,000.00$ 60,700.00$ 6,070.00$ 31,090.96$ 226,860.96$ 2045 135,000.00$ 54,250.00$ 5,425.00$ 31,712.78$ 226,387.78$ 2046 141,000.00$ 47,500.00$ 4,750.00$ 32,347.04$ 225,597.04$ 2047 147,000.00$ 40,450.00$ 4,045.00$ 32,993.98$ 224,488.98$ 2048 154,000.00$ 33,100.00$ 3,310.00$ 33,653.86$ 224,063.86$ 2049 162,000.00$ 25,400.00$ 2,540.00$ 34,326.93$ 224,266.93$ 2050 169,000.00$ 17,300.00$ 1,730.00$ 35,013.47$ 223,043.47$ 2051 177,000.00$ 8,850.00$ 885.00$ 35,713.74$ 222,448.74$ Total 2,721,000.00$ 2,068,190.00$ 207,340.00$ 702,700.78$ 5,699,230.78$ Notes: [a] Interest is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [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. SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 92 EXHIBIT K-1 – MAPS OF MAJOR IMPROVEMENTS SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 93 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 94 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 95 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 96 EXHIBIT K-2 – MAPS OF IMPROVEMENT AREA #1 IMPROVEMENTS SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 97 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 98 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 99 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 100 EXHIBIT K-3 – MAPS OF IMPROVEMENT AREA #2 IMPROVEMENTS SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 101 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 102 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 103 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 104 EXHIBIT K-4 – MAPS OF IMPROVEMENT AREA #3 IMPROVEMENTS SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 105 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 106 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 107 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 108 EXHIBIT K-5 – MAPS OF IMPROVEMENT AREA #4 IMPROVEMENTS SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 109 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 110 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 111 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 112 EXHIBIT L – TIRZ NO. 3 ANNUAL CREDIT AMOUNT BY LOT TYPE Lot Type Estimated Buildout Value per Unit Assessment per Unit Average Annual Installment per Unit Equivalent PID Tax Rate Equivalent Total Tax Rate[a] TIRZ No. 3 Maximum Annual Credit Amount per Unit Net Annual Installment per Unit Net Equivalent PID Tax Rate Net Equivalent Total Tax Rate[b] Improvement Area #1 Lot Type 1 (40')240,000$ 22,658$ 1,741$ 0.7254$ 2.7183$ -$ 1,741$ 0.7254$ 2.7183$ Lot Type 2 (50')273,750$ 25,844$ 1,986$ 0.7254$ 2.7183$ -$ 1,986$ 0.7254$ 2.7183$ Lot Type 3 (60')328,500$ 31,013$ 2,383$ 0.7254$ 2.7183$ -$ 2,383$ 0.7254$ 2.7183$ Lot Type 4 (Townhomes)225,000$ 21,242$ 1,632$ 0.7254$ 2.7183$ -$ 1,632$ 0.7254$ 2.7183$ Notes: [a] Including the following taxing jurisdictions: The City of Anna, Collin County, CCC College, and Anna ISD. [b] The target tax rate equivalent for Lots within Improvement Area #1 is $0.7786 per $100 of assessed value. Based on the pricing of the Improvement Area #1 Initial Bonds and the preliminary pricing of the Improvement Area #1 Additional Bonds, the tax rate equivalent is approximately $0.7254 per $100 of assessed value which is less than the target tax rate. Therefore, the TIRZ No. 3 Maximum Annual Credit Amount per Unit for Lots within Improvement Area #1 is calculated at $0.00. EXHIBIT M – 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 101 S Powell Pkwy 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 AFTER RECORDING RETURN TO: [City Secretary Name] 101 S Powell Pkwy 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 § § KNOW 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 the City, 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 and the extraterritorial jurisdiction of the City; and WHEREAS, on December 8, 2020 the City Council of the City approved Resolution No. 2020- 12-839 creating the Sherley Tract Public Improvement District No. 2 (the “District”); and WHEREAS, the District consists of approximately 289.751 contiguous acres within the extraterritorial jurisdiction 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, TX; 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: [legal description], an addition to the City of [City], [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/County 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 [City Manager], City Manager for the City of Anna, Texas, a Texas home rule municipality, on behalf of said municipality. _______________________________ Notary Public, State of Texas EXHIBIT N-1 – DEBT SERVICE SCHEDULE FOR THE IMPROVEMENT AREA #1 INITIAL BONDS EXHIBIT N-2 – DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #1 ADDITIONAL BONDS EXHIBIT N-3 – DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #2-4 BONDS [to be provided at pricing] EXHIBIT N-4 – DEBT SERVICE SCHEDULE FOR THE MAJOR IMPROVEMENT AREA BONDS EXHIBIT O-1 –REIMBURSEMENT SCHEDULE FOR THE IMPROVEMENT AREA #2 REIMBURSEMENT OBLIGATION [to be provided at pricing] EXHIBIT O-2 –REIMBURSEMENT SCHEDULE FOR THE IMPROVEMENT AREA #3 REIMBURSEMENT OBLIGATION [to be provided at pricing] EXHIBIT O-3 –REIMBURSEMENT SCHEDULE FOR THE IMPROVEMENT AREA #4 REIMBURSEMENT OBLIGATION [to be provided at pricing] EXHIBIT P-1 – DISTRICT LEGAL DESCRIPTION EXHIBIT P-2 – IMPROVEMENT AREA #1 LEGAL DESCRIPTION TRACT 1 (65.070 ACRES) BEING THAT CERTAIN TRACT OF LAND SITUATED IN THE J. KINCADE SURVEY, ABSTRACT NUMBER 509, THE J. BOYLE SURVEY, ABSTRACT NUMBER 105, THE J. ROBERTS SURVEY, ABSTRACT NUMBER 760, THE J. ELLET SURVEY, ABSTRACT NUMBER 296, AND THE W. RATTAN SURVEY, ABSTRACT NUMBER 752, COLLIN COUNTY, TEXAS, BEING A PORTION OF THAT TRACT OF LAND DESCRIBED IN DEED TO MM ANNA 325, LLC TRACT 1 RECORDED IN INSTRUMENT NUMBER 20190411000386110 OF THE OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS (O.P.R.C.C.T.) AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE MOST SOUTHERLY SOUTHWEST CORNER OF SAID TRACT OF LAND TO MM ANNA 325, LLC BEING IN THE NORTH LINE OF THAT TRACT OF LAND DESCRIBED BY DEED TO CADG HURRICANE CREEK, LLC RECORDED IN INSTRUMENT NUMBER 201505290000631020 OF SAID O.P.R.C.C.T.; THENCE N 00° 42' 12" W, 287.34 FEET WITH THE COMMON LINE OF SAID CADG TRACT AND SAID MM ANNA 325 TRACT; N 89° 17' 48" E, 110.00 FEET; N 00° 42' 12" W, 31.43 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 302.23 FEET, THROUGH A CENTRAL ANGLE OF 32° 59' 01", HAVING A RADIUS OF 525.00 FEET, AND A LONG CHORD WHICH BEARS N 15° 47' 19" E, 298.07 FEET; N 32° 16' 49" E, 45.65 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 7.44 FEET, THROUGH A CENTRAL ANGLE OF 00° 30' 48", HAVING A RADIUS OF 830.00 FEET, AND A LONG CHORD WHICH BEARS N 57° 58' 35" W, 7.44 FEET; N 57° 43' 11" W, 162.85 FEET; S 32° 16' 50" W, 605.17 FEET; THENCE S 88° 18' 50" W, 111.81 FEET TO THE NORTH LINE OF SAID CADG TRACT; THENCE DEPARTING SAID NORTH LINE OVER AND ACROSS SAID MM ANNA 325 TRACT THE FOLLOWING BEARINGS AND DISTANCES: N 45° 08' 58" W, 366.07 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 520.46 FEET, THROUGH A CENTRAL ANGLE OF 22° 45' 50", HAVING A RADIUS OF 1309.97 FEET, AND A LONG CHORD WHICH BEARS N 40° 23' 55" E, 517.04 FEET; N 60° 58' 59" W, 120.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 923.67 FEET, THROUGH A CENTRAL ANGLE OF 44° 28' 21", HAVING A RADIUS OF 1190.00 FEET, AND A LONG CHORD WHICH BEARS S 51° 15' 12" W, 900.66 FEET; S 16° 30' 37" E, 120.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 27.21 FEET, THROUGH A CENTRAL ANGLE OF 01° 11' 24", HAVING A RADIUS OF 1310.00 FEET, AND A LONG CHORD WHICH BEARS S 74° 05' 05" W, 27.21 FEET; S 31° 32' 06" W, 43.31 FEET; S 12° 15' 52" E, 4.77 FEET TO THE NORTH LINE OF SAID CADG TRACT; THENCE S 89° 05' 29" W, 95.27 FEET; THENCE DEPARTING SAID NORTH LINE OVER AND ACROSS SAID TRACT OF LAND TO MM ANNA 325, LLC THE FOLLOWING BEARINGS AND DISTANCES: N 56° 03' 28" W, 23.94 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 27.22 FEET, THROUGH A CENTRAL ANGLE OF 01° 11' 26", HAVING A RADIUS OF 1310.00 FEET, AND A LONG CHORD WHICH BEARS S 81° 23' 55" W, 27.22 FEET TO A POINT OF INTERSECTION WITH A NON-TANGENTIAL LINE. N 08° 00' 22" W, 120.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 147.41 FEET, THROUGH A CENTRAL ANGLE OF 07° 05' 51", HAVING A RADIUS OF 1190.00 FEET, AND A LONG CHORD WHICH BEARS S 85° 32' 34" W, 147.31 FEET; S 89° 05' 29" W, 1,229.11 FEET; N 45° 54' 31" W, 42.43 FEET; N 00° 54' 31" W, 48.75 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 139.73 FEET, THROUGH A CENTRAL ANGLE OF 12° 07' 49", HAVING A RADIUS OF 660.00 FEET, AND A LONG CHORD WHICH BEARS N 05° 09' 24" E, 139.47 FEET; N 11° 13' 18" E, 45.96 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 101.09 FEET, THROUGH A CENTRAL ANGLE OF 07° 14' 23", HAVING A RADIUS OF 800.00 FEET, AND A LONG CHORD WHICH BEARS N 14° 50' 30" E, 101.02 FEET; N 20° 08' 12" E, 50.00 FEET; N 21° 08' 00" E, 138.53 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 304.73 FEET, THROUGH A CENTRAL ANGLE OF 27° 42' 51", HAVING A RADIUS OF 630.00 FEET, AND A LONG CHORD WHICH BEARS N 07° 16' 34" E, 301.77 FEET; N 83° 25' 09" E, 130.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 32.75 FEET, THROUGH A CENTRAL ANGLE OF 02° 28' 08", HAVING A RADIUS OF 760.00 FEET, AND A LONG CHORD WHICH BEARS N 07° 48' 55" W, 32.75 FEET; N 80° 57' 01" E, 50.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 20.00 FEET, THROUGH A CENTRAL ANGLE OF 01° 24' 53", HAVING A RADIUS OF 810.00 FEET, AND A LONG CHORD WHICH BEARS S 08° 20' 32" E, 20.00 FEET; N 83° 35' 40" E, 67.70 FEET; S 87° 45' 57" E, 468.26 FEET; S 87° 55' 48" E, 10.60 FEET; N 01° 44' 03" E, 20.00 FEET; S 88° 15' 57" E, 50.00 FEET; S 01° 44' 03" W, 23.48 FEET; N 89° 15' 16" E, 160.00 FEET; N 84° 17' 59" E, 91.31 FEET; N 81° 10' 42" E, 54.72 FEET; N 75° 20' 06" E, 60.71 FEET; N 70° 47' 30" E, 41.34 FEET; N 66° 36' 18" E, 49.56 FEET; N 61° 16' 50" E, 59.24 FEET; N 56° 58' 45" E, 50.71 FEET; N 55° 47' 22" E, 49.81 FEET; N 58° 06' 52" E, 47.94 FEET; N 57° 16' 20" E, 66.93 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 32.90 FEET, THROUGH A CENTRAL ANGLE OF 01° 34' 15", HAVING A RADIUS OF 1200.00 FEET, AND A LONG CHORD WHICH BEARS N 28° 47' 28" W, 32.90 FEET TO A POINT OF INTERSECTION WITH A NON-TANGENTIAL LINE. N 61° 59' 39" E, 50.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 45.85 FEET, THROUGH A CENTRAL ANGLE OF 02° 17' 04", HAVING A RADIUS OF 1150.00 FEET, AND A LONG CHORD WHICH BEARS S 29° 08' 53" E, 45.85 FEET; N 59° 42' 35" E, 120.15 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 434.10 FEET, THROUGH A CENTRAL ANGLE OF 24° 08' 52", HAVING A RADIUS OF 1,030.00 FEET, AND A LONG CHORD WHICH BEARS S 42° 21' 09" E, 430.90 FEET; S 54° 25' 35" E, 89.54 FEET; N 24° 51' 49" E, 70.52 FEET; S 64° 05' 47" E, 100.01 FEET; S 65° 13' 30" E, 75.00 FEET; N 69° 45' 54" E, 42.43 FEET; N 24° 45' 54" E, 22.77 FEET; S 65° 14' 06" E, 120.00 FEET; S 24° 45' 54" W, 23.65 FEET; S 19° 10' 53" E, 43.20 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 96.46 FEET, THROUGH A CENTRAL ANGLE OF 05° 31' 37", HAVING A RADIUS OF 1000.00 FEET, AND A LONG CHORD WHICH BEARS S 59° 58' 35" E, 96.43 FEET; N 24° 45' 54" E, 31.64 FEET; S 58° 13' 31" E, 50.38 FEET; S 24° 45' 54" W, 33.83 FEET; S 55° 20' 20" E, 104.47 FEET; S 57° 43' 11" E, 272.85 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, THROUGH 33° 03' 57", 444.37 FEET HAVING A RADIUS OF 770.00 FEET, AND A LONG CHORD WHICH BEARS S 74° 15' 09" E, 438.23 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 49.91 FEET, THROUGH A CENTRAL ANGLE OF 07° 37' 35", HAVING A RADIUS OF 375.00 FEET, AND A LONG CHORD WHICH BEARS N 07° 38' 20" E, 49.88 FEET; S 78° 32' 52" E, 50.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, THROUGH 06° 37' 24", 37.57 FEET HAVING A RADIUS OF 325.00 FEET, AND A LONG CHORD WHICH BEARS S 08° 08' 26" W, 37.55 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 71.20 FEET, THROUGH A CENTRAL ANGLE OF 05° 17' 53", HAVING A RADIUS OF 770.00 FEET, AND A LONG CHORD WHICH BEARS N 82° 48' 59" E, 71.18 FEET; N 80° 10' 03" E, 330.53 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 56.36 FEET, THROUGH A CENTRAL ANGLE OF 03° 06' 19", HAVING A RADIUS OF 1,040.00 FEET, AND A LONG CHORD WHICH BEARS N 04° 30' 13" W, 56.36 FEET TO A POINT OF INTERSECTION WITH A NON-TANGENTIAL LINE. N 87° 02' 56" E, 80.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 191.58 FEET, THROUGH A CENTRAL ANGLE OF 11° 26' 03", HAVING A RADIUS OF 960.00 FEET, AND A LONG CHORD WHICH BEARS S 08° 40' 05" E, 191.26 FEET; S 14° 23' 07" E, 121.17 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 100.60 FEET, THROUGH A CENTRAL ANGLE OF 12° 23' 42", HAVING A RADIUS OF 465.00 FEET, AND A LONG CHORD WHICH BEARS S 08° 11' 16" E, 100.40 FEET; S 01° 59' 25" E, 283.25 FEET; THENCE S 89° 04' 42" W, 1264.39 FEET TO THE POINT OF BEGINNING AND CONTAINING 2,834,457 SQUARE FEET OR 65.070 ACRES MORE OR LESS; TRACT 2 (44.332 ACRES) BEING THAT CERTAIN TRACT OF LAND SITUATED IN THE J. KINCADE SURVEY, ABSTRACT NUMBER 509, THE J. BOYLE SURVEY, ABSTRACT NUMBER 105, THE J. ROBERTS SURVEY, ABSTRACT NUMBER 760, THE J. ELLET SURVEY, ABSTRACT NUMBER 296, AND THE W. RATTAN SURVEY, ABSTRACT NUMBER 752, COLLIN COUNTY, TEXAS, BEING A PORTION OF THAT TRACT OF LAND DESCRIBED IN DEED TO MM ANNA 325, LLC TRACT 1 RECORDED IN INSTRUMENT NUMBER 20190411000386110 OF THE OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS (O.P.R.C.C.T.) AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE MOST SOUTHERLY SOUTHWEST CORNER IN PLAT TO URBAN CROSSING RECORDED IN INSTURMENT NUMBER 20131227010003710 OF THE PLAT RECORDS OF COLLIN COUNTY, TEXAS (P.R.C.C.T.) AND BEING IN THE NORTH LINE OF SAID MM ANNA 325 TRACT; THENCE FOLLOWING THE SOUTH LINE OF SAID URBAN CROSSING TRACT AND THE NORTH LINE OF SAID MM ANNA 325 TRACT THE FOLLOWING BEARINGS AND DISTANCES: S 89° 47' 13" E, 602.59 FEET; N 88° 59' 00" E, 461.54 FEET; THENCE DEPARTING SAID COMMON LINE OVER AND ACROSS SAID MM ANNA 325 TRACT THE FOLLOWING BEARINGS AND DISTANCES: S 01° 10' 22" E, 231.65 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 1,023.35 FEET, THROUGH A CENTRAL ANGLE OF 31° 31' 24", HAVING A RADIUS OF 1860.00 FEET, AND A LONG CHORD WHICH BEARS S 40° 31' 36" W, 1010.49 FEET; S 24° 45' 54" W, 220.34 FEET; S 24° 45' 54" W, 22.77 FEET; S 69° 45' 54" W, 42.43 FEET; N 65° 13' 30" W, 75.00 FEET; N 64° 05' 47" W, 100.01 FEET; S 24° 51' 49" W, 70.52 FEET; N 54° 25' 35" W , 89.54 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 434.10 FEET, THROUGH A CENTRAL ANGLE OF 24° 08' 52", HAVING A RADIUS OF 1030.00 FEET, AND A LONG CHORD WHICH BEARS N 42° 21' 09" W, 430.90 FEET; S 59° 42' 35" W, 120.15 FEET TO THE BEGINNING OF A CURVFE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 45.85 FEET, THROUGH A CENTRAL ANGLE OF 02° 17' 04", HAVING A RADIUS OF 1150.00 FEET, AND A LONG CHORD WHICH BEARS N 29° 08' 53" W, 45.85 FEET; S 61° 59' 39" W, 50.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 32.90 FEET, THROUGH A CENTRAL ANGLE OF 01° 34' 15", HAVING A RADIUS OF 1200.00 FEET, AND A LONG CHORD WHICH BEARS S 28° 47' 28" E, 32.90 FEET; S 57° 16' 20" W, 66.93 FEET; S 58° 06' 52" W, 47.94 FEET; S 55° 47' 22" W, 49.81 FEET; S 56° 58' 45" W, 50.71 FEET; S 61° 16' 50" W, 59.24 FEET; S 66° 36' 18" W, 49.56 FEET; S 70° 47' 30" W, 41.34 FEET; S 75° 20' 06" W, 60.71 FEET; S 81° 10' 42" W, 54.72 FEET; S 84° 17' 59" W, 91.31 FEET; S 89° 15' 16" W, 160.00 FEET; N 01° 44' 03" E, 23.48 FEET; N 01° 44' 03" E, 104.07 FEET; S 88° 15' 57" E, 10.50 FEET; N 01° 44' 03" E, 50.00 FEET; N 88° 15' 57" W, 109.33 FEET; N 01° 44' 03" E, 130.00 FEET; N 00° 53' 08" E, 401.03 FEET; N 68° 31' 37" E, 311.47 FEET; N 27° 44' 36" E, 271.58 FEET; N 78° 55' 21" E, 359.52 FEET; N 89° 19' 48" E, 60.00 FEET; N 89° 19' 48" E, 369.75 FEET TO THE WEST LINE OF SAID URBAN CROSSING; THENCE S 00° 05' 05" E, 5.70 FEET TO THE POINT OF BEGINNING AND CONTAINING 1,931,085 SQUARE FEET OR 44.332 ACRES MORE OR LESS EXHIBIT P-3 – IMPROVEMENT AREA #2 LEGAL DESCRIPTION EXHIBIT P-4 – IMPROVEMENT AREA #3 LEGAL DESCRIPTION EXHIBIT P-5 – IMPROVEMENT AREA #4 LEGAL DESCRIPTION EXHIBIT P-6 – MAJOR IMPROVEMENT AREA LEGAL DESCRIPTION Save and except: TRACT 1 (65.070 ACRES) BEING THAT CERTAIN TRACT OF LAND SITUATED IN THE J. KINCADE SURVEY, ABSTRACT NUMBER 509, THE J. BOYLE SURVEY, ABSTRACT NUMBER 105, THE J. ROBERTS SURVEY, ABSTRACT NUMBER 760, THE J. ELLET SURVEY, ABSTRACT NUMBER 296, AND THE W. RATTAN SURVEY, ABSTRACT NUMBER 752, COLLIN COUNTY, TEXAS, BEING A PORTION OF THAT TRACT OF LAND DESCRIBED IN DEED TO MM ANNA 325, LLC TRACT 1 RECORDED IN INSTRUMENT NUMBER 20190411000386110 OF THE OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS (O.P.R.C.C.T.) AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE MOST SOUTHERLY SOUTHWEST CORNER OF SAID TRACT OF LAND TO MM ANNA 325, LLC BEING IN THE NORTH LINE OF THAT TRACT OF LAND DESCRIBED BY DEED TO CADG HURRICANE CREEK, LLC RECORDED IN INSTRUMENT NUMBER 201505290000631020 OF SAID O.P.R.C.C.T.; THENCE N 00° 42' 12" W, 287.34 FEET WITH THE COMMON LINE OF SAID CADG TRACT AND SAID MM ANNA 325 TRACT; N 89° 17' 48" E, 110.00 FEET; N 00° 42' 12" W, 31.43 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 302.23 FEET, THROUGH A CENTRAL ANGLE OF 32° 59' 01", HAVING A RADIUS OF 525.00 FEET, AND A LONG CHORD WHICH BEARS N 15° 47' 19" E, 298.07 FEET; N 32° 16' 49" E, 45.65 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 7.44 FEET, THROUGH A CENTRAL ANGLE OF 00° 30' 48", HAVING A RADIUS OF 830.00 FEET, AND A LONG CHORD WHICH BEARS N 57° 58' 35" W, 7.44 FEET; N 57° 43' 11" W, 162.85 FEET; S 32° 16' 50" W, 605.17 FEET; THENCE S 88° 18' 50" W, 111.81 FEET TO THE NORTH LINE OF SAID CADG TRACT; THENCE DEPARTING SAID NORTH LINE OVER AND ACROSS SAID MM ANNA 325 TRACT THE FOLLOWING BEARINGS AND DISTANCES: N 45° 08' 58" W, 366.07 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 520.46 FEET, THROUGH A CENTRAL ANGLE OF 22° 45' 50", HAVING A RADIUS OF 1309.97 FEET, AND A LONG CHORD WHICH BEARS N 40° 23' 55" E, 517.04 FEET; N 60° 58' 59" W, 120.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 923.67 FEET, THROUGH A CENTRAL ANGLE OF 44° 28' 21", HAVING A RADIUS OF 1190.00 FEET, AND A LONG CHORD WHICH BEARS S 51° 15' 12" W, 900.66 FEET; S 16° 30' 37" E, 120.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 27.21 FEET, THROUGH A CENTRAL ANGLE OF 01° 11' 24", HAVING A RADIUS OF 1310.00 FEET, AND A LONG CHORD WHICH BEARS S 74° 05' 05" W, 27.21 FEET; S 31° 32' 06" W, 43.31 FEET; S 12° 15' 52" E, 4.77 FEET TO THE NORTH LINE OF SAID CADG TRACT; THENCE S 89° 05' 29" W, 95.27 FEET; THENCE DEPARTING SAID NORTH LINE OVER AND ACROSS SAID TRACT OF LAND TO MM ANNA 325, LLC THE FOLLOWING BEARINGS AND DISTANCES: N 56° 03' 28" W, 23.94 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 27.22 FEET, THROUGH A CENTRAL ANGLE OF 01° 11' 26", HAVING A RADIUS OF 1310.00 FEET, AND A LONG CHORD WHICH BEARS S 81° 23' 55" W, 27.22 FEET TO A POINT OF INTERSECTION WITH A NON-TANGENTIAL LINE. N 08° 00' 22" W, 120.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 147.41 FEET, THROUGH A CENTRAL ANGLE OF 07° 05' 51", HAVING A RADIUS OF 1190.00 FEET, AND A LONG CHORD WHICH BEARS S 85° 32' 34" W, 147.31 FEET; S 89° 05' 29" W, 1,229.11 FEET; N 45° 54' 31" W, 42.43 FEET; N 00° 54' 31" W, 48.75 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 139.73 FEET, THROUGH A CENTRAL ANGLE OF 12° 07' 49", HAVING A RADIUS OF 660.00 FEET, AND A LONG CHORD WHICH BEARS N 05° 09' 24" E, 139.47 FEET; N 11° 13' 18" E, 45.96 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 101.09 FEET, THROUGH A CENTRAL ANGLE OF 07° 14' 23", HAVING A RADIUS OF 800.00 FEET, AND A LONG CHORD WHICH BEARS N 14° 50' 30" E, 101.02 FEET; N 20° 08' 12" E, 50.00 FEET; N 21° 08' 00" E, 138.53 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 304.73 FEET, THROUGH A CENTRAL ANGLE OF 27° 42' 51", HAVING A RADIUS OF 630.00 FEET, AND A LONG CHORD WHICH BEARS N 07° 16' 34" E, 301.77 FEET; N 83° 25' 09" E, 130.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 32.75 FEET, THROUGH A CENTRAL ANGLE OF 02° 28' 08", HAVING A RADIUS OF 760.00 FEET, AND A LONG CHORD WHICH BEARS N 07° 48' 55" W, 32.75 FEET; N 80° 57' 01" E, 50.00 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 20.00 FEET, THROUGH A CENTRAL ANGLE OF 01° 24' 53", HAVING A RADIUS OF 810.00 FEET, AND A LONG CHORD WHICH BEARS S 08° 20' 32" E, 20.00 FEET; N 83° 35' 40" E, 67.70 FEET; S 87° 45' 57" E, 468.26 FEET; S 87° 55' 48" E, 10.60 FEET; N 01° 44' 03" E, 20.00 FEET; S 88° 15' 57" E, 50.00 FEET; S 01° 44' 03" W, 23.48 FEET; N 89° 15' 16" E, 160.00 FEET; N 84° 17' 59" E, 91.31 FEET; N 81° 10' 42" E, 54.72 FEET; N 75° 20' 06" E, 60.71 FEET; N 70° 47' 30" E, 41.34 FEET; N 66° 36' 18" E, 49.56 FEET; N 61° 16' 50" E, 59.24 FEET; N 56° 58' 45" E, 50.71 FEET; N 55° 47' 22" E, 49.81 FEET; N 58° 06' 52" E, 47.94 FEET; N 57° 16' 20" E, 66.93 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 32.90 FEET, THROUGH A CENTRAL ANGLE OF 01° 34' 15", HAVING A RADIUS OF 1200.00 FEET, AND A LONG CHORD WHICH BEARS N 28° 47' 28" W, 32.90 FEET TO A POINT OF INTERSECTION WITH A NON-TANGENTIAL LINE. N 61° 59' 39" E, 50.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 45.85 FEET, THROUGH A CENTRAL ANGLE OF 02° 17' 04", HAVING A RADIUS OF 1150.00 FEET, AND A LONG CHORD WHICH BEARS S 29° 08' 53" E, 45.85 FEET; N 59° 42' 35" E, 120.15 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 434.10 FEET, THROUGH A CENTRAL ANGLE OF 24° 08' 52", HAVING A RADIUS OF 1,030.00 FEET, AND A LONG CHORD WHICH BEARS S 42° 21' 09" E, 430.90 FEET; S 54° 25' 35" E, 89.54 FEET; N 24° 51' 49" E, 70.52 FEET; S 64° 05' 47" E, 100.01 FEET; S 65° 13' 30" E, 75.00 FEET; N 69° 45' 54" E, 42.43 FEET; N 24° 45' 54" E, 22.77 FEET; S 65° 14' 06" E, 120.00 FEET; S 24° 45' 54" W, 23.65 FEET; S 19° 10' 53" E, 43.20 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 96.46 FEET, THROUGH A CENTRAL ANGLE OF 05° 31' 37", HAVING A RADIUS OF 1000.00 FEET, AND A LONG CHORD WHICH BEARS S 59° 58' 35" E, 96.43 FEET; N 24° 45' 54" E, 31.64 FEET; S 58° 13' 31" E, 50.38 FEET; S 24° 45' 54" W, 33.83 FEET; S 55° 20' 20" E, 104.47 FEET; S 57° 43' 11" E, 272.85 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, THROUGH 33° 03' 57", 444.37 FEET HAVING A RADIUS OF 770.00 FEET, AND A LONG CHORD WHICH BEARS S 74° 15' 09" E, 438.23 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 49.91 FEET, THROUGH A CENTRAL ANGLE OF 07° 37' 35", HAVING A RADIUS OF 375.00 FEET, AND A LONG CHORD WHICH BEARS N 07° 38' 20" E, 49.88 FEET; S 78° 32' 52" E, 50.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, THROUGH 06° 37' 24", 37.57 FEET HAVING A RADIUS OF 325.00 FEET, AND A LONG CHORD WHICH BEARS S 08° 08' 26" W, 37.55 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 71.20 FEET, THROUGH A CENTRAL ANGLE OF 05° 17' 53", HAVING A RADIUS OF 770.00 FEET, AND A LONG CHORD WHICH BEARS N 82° 48' 59" E, 71.18 FEET; N 80° 10' 03" E, 330.53 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 56.36 FEET, THROUGH A CENTRAL ANGLE OF 03° 06' 19", HAVING A RADIUS OF 1,040.00 FEET, AND A LONG CHORD WHICH BEARS N 04° 30' 13" W, 56.36 FEET TO A POINT OF INTERSECTION WITH A NON-TANGENTIAL LINE. N 87° 02' 56" E, 80.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 191.58 FEET, THROUGH A CENTRAL ANGLE OF 11° 26' 03", HAVING A RADIUS OF 960.00 FEET, AND A LONG CHORD WHICH BEARS S 08° 40' 05" E, 191.26 FEET; S 14° 23' 07" E, 121.17 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 100.60 FEET, THROUGH A CENTRAL ANGLE OF 12° 23' 42", HAVING A RADIUS OF 465.00 FEET, AND A LONG CHORD WHICH BEARS S 08° 11' 16" E, 100.40 FEET; S 01° 59' 25" E, 283.25 FEET; THENCE S 89° 04' 42" W, 1264.39 FEET TO THE POINT OF BEGINNING AND CONTAINING 2,834,457 SQUARE FEET OR 65.070 ACRES MORE OR LESS; TRACT 2 (44.332 ACRES) BEING THAT CERTAIN TRACT OF LAND SITUATED IN THE J. KINCADE SURVEY, ABSTRACT NUMBER 509, THE J. BOYLE SURVEY, ABSTRACT NUMBER 105, THE J. ROBERTS SURVEY, ABSTRACT NUMBER 760, THE J. ELLET SURVEY, ABSTRACT NUMBER 296, AND THE W. RATTAN SURVEY, ABSTRACT NUMBER 752, COLLIN COUNTY, TEXAS, BEING A PORTION OF THAT TRACT OF LAND DESCRIBED IN DEED TO MM ANNA 325, LLC TRACT 1 RECORDED IN INSTRUMENT NUMBER 20190411000386110 OF THE OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS (O.P.R.C.C.T.) AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE MOST SOUTHERLY SOUTHWEST CORNER IN PLAT TO URBAN CROSSING RECORDED IN INSTURMENT NUMBER 20131227010003710 OF THE PLAT RECORDS OF COLLIN COUNTY, TEXAS (P.R.C.C.T.) AND BEING IN THE NORTH LINE OF SAID MM ANNA 325 TRACT; THENCE FOLLOWING THE SOUTH LINE OF SAID URBAN CROSSING TRACT AND THE NORTH LINE OF SAID MM ANNA 325 TRACT THE FOLLOWING BEARINGS AND DISTANCES: S 89° 47' 13" E, 602.59 FEET; N 88° 59' 00" E, 461.54 FEET; THENCE DEPARTING SAID COMMON LINE OVER AND ACROSS SAID MM ANNA 325 TRACT THE FOLLOWING BEARINGS AND DISTANCES: S 01° 10' 22" E, 231.65 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 1,023.35 FEET, THROUGH A CENTRAL ANGLE OF 31° 31' 24", HAVING A RADIUS OF 1860.00 FEET, AND A LONG CHORD WHICH BEARS S 40° 31' 36" W, 1010.49 FEET; S 24° 45' 54" W, 220.34 FEET; S 24° 45' 54" W, 22.77 FEET; S 69° 45' 54" W, 42.43 FEET; N 65° 13' 30" W, 75.00 FEET; N 64° 05' 47" W, 100.01 FEET; S 24° 51' 49" W, 70.52 FEET; N 54° 25' 35" W , 89.54 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 434.10 FEET, THROUGH A CENTRAL ANGLE OF 24° 08' 52", HAVING A RADIUS OF 1030.00 FEET, AND A LONG CHORD WHICH BEARS N 42° 21' 09" W, 430.90 FEET; S 59° 42' 35" W, 120.15 FEET TO THE BEGINNING OF A CURVFE TO THE RIGHT; WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 45.85 FEET, THROUGH A CENTRAL ANGLE OF 02° 17' 04", HAVING A RADIUS OF 1150.00 FEET, AND A LONG CHORD WHICH BEARS N 29° 08' 53" W, 45.85 FEET; S 61° 59' 39" W, 50.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 32.90 FEET, THROUGH A CENTRAL ANGLE OF 01° 34' 15", HAVING A RADIUS OF 1200.00 FEET, AND A LONG CHORD WHICH BEARS S 28° 47' 28" E, 32.90 FEET; S 57° 16' 20" W, 66.93 FEET; S 58° 06' 52" W, 47.94 FEET; S 55° 47' 22" W, 49.81 FEET; S 56° 58' 45" W, 50.71 FEET; S 61° 16' 50" W, 59.24 FEET; S 66° 36' 18" W, 49.56 FEET; S 70° 47' 30" W, 41.34 FEET; S 75° 20' 06" W, 60.71 FEET; S 81° 10' 42" W, 54.72 FEET; S 84° 17' 59" W, 91.31 FEET; S 89° 15' 16" W, 160.00 FEET; N 01° 44' 03" E, 23.48 FEET; N 01° 44' 03" E, 104.07 FEET; S 88° 15' 57" E, 10.50 FEET; N 01° 44' 03" E, 50.00 FEET; N 88° 15' 57" W, 109.33 FEET; N 01° 44' 03" E, 130.00 FEET; N 00° 53' 08" E, 401.03 FEET; N 68° 31' 37" E, 311.47 FEET; N 27° 44' 36" E, 271.58 FEET; N 78° 55' 21" E, 359.52 FEET; N 89° 19' 48" E, 60.00 FEET; N 89° 19' 48" E, 369.75 FEET TO THE WEST LINE OF SAID URBAN CROSSING; THENCE S 00° 05' 05" E, 5.70 FEET TO THE POINT OF BEGINNING AND CONTAINING 1,931,085 SQUARE FEET OR 44.332 ACRES MORE OR LESS APPENDIX A – ENGINEER’S REPORT [Remainder of page left intentionally blank.] APPENDIX B – BUYER DISCLOSURES Forms of the buyer disclosures for the following Lot Types are found in this appendix: Improvement Area #1 Lot Type 1 Lot Type 2 Lot Type 3 Lot Type 4 Improvement Area #2 Improvement Area #2 Initial Parcel Lot Type 5 Lot Type 6 Improvement Area #3 Improvement Area #3 Initial Parcel Lot Type 7 Improvement Area #4 Improvement Area #4 Initial Parcel Lot Type 8 Major Improvement Area • Major Improvement Area Initial Parcel SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 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 RECORDING 1 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: $22,173.24 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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 Principal Interest[a]Principal Interest[b] 2027 371.62$ 645.91$ 125.69$ 351.79$ 110.87$ 100.34$ 1,706.22$ 2028 386.19$ 631.98$ 131.16$ 346.13$ 108.38$ 118.14$ 1,721.98$ 2029 400.77$ 617.50$ 138.45$ 340.23$ 105.79$ 120.50$ 1,723.23$ 2030 415.34$ 602.47$ 143.91$ 334.00$ 103.10$ 122.91$ 1,721.73$ 2031 431.73$ 586.89$ 151.20$ 327.53$ 100.30$ 125.37$ 1,723.02$ 2032 449.95$ 570.70$ 160.31$ 320.72$ 97.39$ 127.88$ 1,726.94$ 2033 468.17$ 552.71$ 167.59$ 313.51$ 94.33$ 130.43$ 1,726.74$ 2034 488.20$ 533.98$ 174.88$ 305.97$ 91.16$ 133.04$ 1,727.23$ 2035 508.24$ 514.45$ 183.99$ 298.10$ 87.84$ 135.70$ 1,728.32$ 2036 528.28$ 494.12$ 193.10$ 289.82$ 84.38$ 138.42$ 1,728.11$ 2037 550.14$ 472.99$ 205.85$ 278.96$ 80.77$ 141.18$ 1,729.89$ 2038 573.82$ 450.98$ 218.60$ 267.38$ 76.99$ 144.01$ 1,731.78$ 2039 597.50$ 428.03$ 231.35$ 255.08$ 73.03$ 146.89$ 1,731.88$ 2040 623.01$ 404.13$ 245.92$ 242.07$ 68.89$ 149.83$ 1,733.84$ 2041 648.51$ 379.21$ 260.50$ 228.23$ 64.54$ 152.82$ 1,733.82$ 2042 677.66$ 353.27$ 276.89$ 213.58$ 60.00$ 155.88$ 1,737.28$ 2043 706.80$ 324.47$ 293.29$ 198.01$ 55.22$ 159.00$ 1,736.79$ 2044 737.77$ 294.43$ 311.50$ 181.51$ 50.22$ 162.18$ 1,737.61$ 2045 772.38$ 263.07$ 331.54$ 163.99$ 44.98$ 165.42$ 1,741.38$ 2046 807.00$ 230.25$ 351.58$ 145.34$ 39.46$ 168.73$ 1,742.35$ 2047 843.43$ 195.95$ 373.44$ 124.68$ 33.66$ 172.10$ 1,743.27$ 2048 879.86$ 160.11$ 397.12$ 102.74$ 27.58$ 175.55$ 1,742.96$ 2049 919.94$ 122.71$ 422.63$ 79.41$ 21.20$ 179.06$ 1,744.94$ 2050 961.84$ 83.61$ 449.95$ 54.58$ 14.48$ 182.64$ 1,747.10$ 2051 1,005.56$ 42.74$ 479.10$ 28.15$ 7.42$ 186.29$ 1,749.25$ Total 15,753.71$ 9,956.67$ 6,419.53$ 5,791.48$ 1,701.98$ 3,694.28$ 43,317.64$ Notes: [a] Interest on the Improvement Area #1 Initial Bonds is calculated at 3.250%, 3.750%, 4.000%, and 4.250% rate for term bonds due 2026, 2031, 2041, and 2051 respectively. [b] Interest on the Improvement Area #1 Additional Bonds is calculated at 4.500%, 5.625%, and 5.875% rate for term bonds due 2035, 2045, and 2051 respectively. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Total Additional Interest Annual Installment Due 1/31 Total Installment Due[c] Annual Collection Costs Improvement Area #1 Additional Bonds Improvement Area #1 Initial Bonds ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 1 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 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 RECORDING 4 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: $25,291.35 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 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 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. 5 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]6 6 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 Principal Interest[a]Principal Interest[b] 2027 423.88$ 736.75$ 143.37$ 401.26$ 126.46$ 114.45$ 1,946.16$ 2028 440.50$ 720.85$ 149.60$ 394.81$ 123.62$ 134.75$ 1,964.13$ 2029 457.12$ 704.33$ 157.92$ 388.08$ 120.67$ 137.44$ 1,965.56$ 2030 473.75$ 687.19$ 164.15$ 380.97$ 117.59$ 140.19$ 1,963.84$ 2031 492.45$ 669.43$ 172.46$ 373.58$ 114.41$ 143.00$ 1,965.32$ 2032 513.22$ 650.96$ 182.85$ 365.82$ 111.08$ 145.86$ 1,969.79$ 2033 534.00$ 630.43$ 191.16$ 357.59$ 107.60$ 148.77$ 1,969.56$ 2034 556.86$ 609.07$ 199.47$ 348.99$ 103.97$ 151.75$ 1,970.12$ 2035 579.71$ 586.79$ 209.86$ 340.02$ 100.19$ 154.79$ 1,971.36$ 2036 602.57$ 563.61$ 220.25$ 330.57$ 96.25$ 157.88$ 1,971.13$ 2037 627.50$ 539.50$ 234.79$ 318.18$ 92.13$ 161.04$ 1,973.16$ 2038 654.52$ 514.40$ 249.34$ 304.98$ 87.82$ 164.26$ 1,975.31$ 2039 681.53$ 488.22$ 263.88$ 290.95$ 83.30$ 167.54$ 1,975.43$ 2040 710.62$ 460.96$ 280.51$ 276.11$ 78.57$ 170.90$ 1,977.66$ 2041 739.71$ 432.54$ 297.13$ 260.33$ 73.62$ 174.31$ 1,977.63$ 2042 772.95$ 402.95$ 315.83$ 243.62$ 68.43$ 177.80$ 1,981.58$ 2043 806.20$ 370.10$ 334.53$ 225.85$ 62.99$ 181.36$ 1,981.02$ 2044 841.52$ 335.83$ 355.31$ 207.03$ 57.29$ 184.98$ 1,981.97$ 2045 881.00$ 300.07$ 378.17$ 187.05$ 51.30$ 188.68$ 1,986.27$ 2046 920.48$ 262.63$ 401.02$ 165.77$ 45.01$ 192.46$ 1,987.36$ 2047 962.04$ 223.51$ 425.96$ 142.21$ 38.40$ 196.31$ 1,988.42$ 2048 1,003.59$ 182.62$ 452.97$ 117.19$ 31.46$ 200.23$ 1,988.06$ 2049 1,049.30$ 139.97$ 482.06$ 90.58$ 24.18$ 204.24$ 1,990.32$ 2050 1,097.09$ 95.37$ 513.22$ 62.26$ 16.52$ 208.32$ 1,992.79$ 2051 1,146.96$ 48.75$ 546.47$ 32.11$ 8.47$ 212.49$ 1,995.24$ Total 17,969.08$ 11,356.82$ 7,322.27$ 6,605.91$ 1,941.32$ 4,213.79$ 49,409.19$ Notes: [a] Interest on the Improvement Area #1 Initial Bonds is calculated at 3.250%, 3.750%, 4.000%, and 4.250% rate for term bonds due 2026, 2031, 2041, and 2051 respectively. [b] Interest on the Improvement Area #1 Additional Bonds is calculated at 4.500%, 5.625%, and 5.875% rate for term bonds due 2035, 2045, and 2051 respectively. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Annual Collection Costs Total Installment Due[c] Improvement Area #1 Initial Bonds Improvement Area #1 Additional Bonds Total Additional Interest ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 2 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 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 RECORDING 7 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: $30,349.62 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 7 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. 8 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]9 9 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 Principal Interest[a]Principal Interest[b] 2027 508.65$ 884.10$ 172.04$ 481.51$ 151.75$ 137.34$ 2,335.39$ 2028 528.60$ 865.02$ 179.52$ 473.77$ 148.34$ 161.70$ 2,356.96$ 2029 548.55$ 845.20$ 189.50$ 465.69$ 144.80$ 164.93$ 2,358.67$ 2030 568.49$ 824.63$ 196.98$ 457.16$ 141.11$ 168.23$ 2,356.61$ 2031 590.93$ 803.31$ 206.95$ 448.30$ 137.29$ 171.60$ 2,358.38$ 2032 615.87$ 781.15$ 219.42$ 438.99$ 133.30$ 175.03$ 2,363.75$ 2033 640.80$ 756.52$ 229.39$ 429.11$ 129.12$ 178.53$ 2,363.47$ 2034 668.23$ 730.88$ 239.37$ 418.79$ 124.77$ 182.10$ 2,364.14$ 2035 695.66$ 704.15$ 251.83$ 408.02$ 120.23$ 185.74$ 2,365.64$ 2036 723.08$ 676.33$ 264.30$ 396.69$ 115.49$ 189.46$ 2,365.35$ 2037 753.01$ 647.40$ 281.75$ 381.82$ 110.56$ 193.25$ 2,367.79$ 2038 785.42$ 617.28$ 299.21$ 365.97$ 105.38$ 197.11$ 2,370.38$ 2039 817.83$ 585.87$ 316.66$ 349.14$ 99.96$ 201.05$ 2,370.52$ 2040 852.74$ 553.15$ 336.61$ 331.33$ 94.29$ 205.07$ 2,373.19$ 2041 887.65$ 519.04$ 356.56$ 312.39$ 88.34$ 209.18$ 2,373.16$ 2042 927.54$ 483.54$ 379.00$ 292.34$ 82.12$ 213.36$ 2,377.90$ 2043 967.44$ 444.12$ 401.44$ 271.02$ 75.59$ 217.63$ 2,377.23$ 2044 1,009.83$ 403.00$ 426.37$ 248.44$ 68.74$ 221.98$ 2,378.36$ 2045 1,057.20$ 360.08$ 453.80$ 224.46$ 61.56$ 226.42$ 2,383.52$ 2046 1,104.57$ 315.15$ 481.23$ 198.93$ 54.01$ 230.95$ 2,384.84$ 2047 1,154.44$ 268.21$ 511.15$ 170.66$ 46.08$ 235.57$ 2,386.10$ 2048 1,204.31$ 219.14$ 543.56$ 140.63$ 37.75$ 240.28$ 2,385.67$ 2049 1,259.17$ 167.96$ 578.47$ 108.69$ 29.01$ 245.08$ 2,388.38$ 2050 1,316.51$ 114.45$ 615.87$ 74.71$ 19.82$ 249.98$ 2,391.34$ 2051 1,376.35$ 58.50$ 655.76$ 38.53$ 10.16$ 254.98$ 2,394.28$ Total 21,562.89$ 13,628.19$ 8,786.73$ 7,927.09$ 2,329.58$ 5,056.55$ 59,291.02$ Notes: [a] Interest on the Improvement Area #1 Initial Bonds is calculated at 3.250%, 3.750%, 4.000%, and 4.250% rate for term bonds due 2026, 2031, 2041, and 2051 respectively. [b] Interest on the Improvement Area #1 Additional Bonds is calculated at 4.500%, 5.625%, and 5.875% rate for term bonds due 2035, 2045, and 2051 respectively. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Annual Collection Costs Total Additional Interest Total Installment Due[c] Improvement Area #1 Additional Bonds Improvement Area #1 Initial Bonds ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 3 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 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 RECORDING 10 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: $20,787.41 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 10 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. 11 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]12 12 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 Principal Interest[a]Principal Interest[b] 2027 348.39$ 605.55$ 117.84$ 329.80$ 103.94$ 94.07$ 1,599.58$ 2028 362.05$ 592.48$ 122.96$ 324.50$ 101.61$ 110.75$ 1,614.36$ 2029 375.72$ 578.90$ 129.79$ 318.97$ 99.18$ 112.97$ 1,615.53$ 2030 389.38$ 564.81$ 134.92$ 313.13$ 96.65$ 115.23$ 1,614.12$ 2031 404.75$ 550.21$ 141.75$ 307.05$ 94.03$ 117.53$ 1,615.33$ 2032 421.83$ 535.03$ 150.29$ 300.68$ 91.30$ 119.88$ 1,619.01$ 2033 438.91$ 518.16$ 157.12$ 293.91$ 88.44$ 122.28$ 1,618.82$ 2034 457.69$ 500.60$ 163.95$ 286.84$ 85.46$ 124.73$ 1,619.27$ 2035 476.48$ 482.30$ 172.49$ 279.47$ 82.35$ 127.22$ 1,620.30$ 2036 495.26$ 463.24$ 181.03$ 271.70$ 79.11$ 129.77$ 1,620.10$ 2037 515.76$ 443.43$ 192.98$ 261.52$ 75.72$ 132.36$ 1,621.77$ 2038 537.96$ 422.80$ 204.94$ 250.67$ 72.18$ 135.01$ 1,623.55$ 2039 560.16$ 401.28$ 216.89$ 239.14$ 68.47$ 137.71$ 1,623.64$ 2040 584.07$ 378.87$ 230.55$ 226.94$ 64.58$ 140.46$ 1,625.48$ 2041 607.98$ 355.51$ 244.22$ 213.97$ 60.51$ 143.27$ 1,625.45$ 2042 635.30$ 331.19$ 259.59$ 200.23$ 56.25$ 146.14$ 1,628.70$ 2043 662.63$ 304.19$ 274.96$ 185.63$ 51.77$ 149.06$ 1,628.24$ 2044 691.66$ 276.03$ 292.03$ 170.16$ 47.08$ 152.04$ 1,629.01$ 2045 724.11$ 246.63$ 310.82$ 153.74$ 42.17$ 155.08$ 1,632.55$ 2046 756.56$ 215.86$ 329.61$ 136.25$ 36.99$ 158.18$ 1,633.45$ 2047 790.71$ 183.70$ 350.10$ 116.89$ 31.56$ 161.35$ 1,634.31$ 2048 824.87$ 150.10$ 372.30$ 96.32$ 25.86$ 164.57$ 1,634.02$ 2049 862.44$ 115.04$ 396.21$ 74.45$ 19.87$ 167.87$ 1,635.88$ 2050 901.72$ 78.39$ 421.83$ 51.17$ 13.58$ 171.22$ 1,637.91$ 2051 942.71$ 40.07$ 449.15$ 26.39$ 6.96$ 174.65$ 1,639.92$ Total 14,769.10$ 9,334.38$ 6,018.31$ 5,429.51$ 1,595.60$ 3,463.39$ 40,610.29$ Notes: [a] Interest on the Improvement Area #1 Initial Bonds is calculated at 3.250%, 3.750%, 4.000%, and 4.250% rate for term bonds due 2026, 2031, 2041, and 2051 respectively. [b] Interest on the Improvement Area #1 Additional Bonds is calculated at 4.500%, 5.625%, and 5.875% rate for term bonds due 2035, 2045, and 2051 respectively. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Annual Collection Costs Total Installment Due[c] Improvement Area #1 Additional Bonds Total Additional Interest Improvement Area #1 Initial Bonds ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 4 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 IMPROVEMENT AREA #2 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 RECORDING 13 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #2 INITIAL PARCEL PRINCIPAL ASSESSMENT: $3,994,538.73 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 13 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. 14 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]15 15 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 Principal Interest[a]Additional Interest Annual Collection Costs Principal Interest[b]Additional Interest Principal Interest[c] 2027 10,829.31$ 23,094.79$ 2,338.61$ 2,355.63$ 40,000.00$ 158,242.50$ 13,525.00$ 10,437.32$ 48,076.22$ 40,000.00$ 348,899.38$ 2028 11,173.09$ 22,607.47$ 2,284.47$ 3,893.06$ 40,000.00$ 155,902.50$ 13,325.00$ 11,448.18$ 47,465.64$ 40,800.00$ 348,899.41$ 2029 11,688.78$ 22,104.68$ 2,228.60$ 3,970.93$ 42,000.00$ 153,562.50$ 13,125.00$ 11,806.98$ 46,795.92$ 41,616.00$ 348,899.38$ 2030 12,032.56$ 21,578.68$ 2,170.16$ 4,050.34$ 44,000.00$ 151,105.50$ 12,915.00$ 12,493.60$ 46,105.22$ 42,448.32$ 348,899.39$ 2031 12,548.24$ 21,037.22$ 2,110.00$ 4,131.35$ 46,000.00$ 148,531.50$ 12,695.00$ 13,174.45$ 45,374.34$ 43,297.29$ 348,899.39$ 2032 13,063.93$ 20,472.55$ 2,047.25$ 4,213.98$ 48,000.00$ 145,840.50$ 12,465.00$ 14,029.31$ 44,603.64$ 44,163.24$ 348,899.40$ 2033 13,579.61$ 19,819.35$ 1,981.94$ 4,298.26$ 50,000.00$ 143,032.50$ 12,225.00$ 15,133.32$ 43,782.92$ 45,046.50$ 348,899.39$ 2034 14,267.18$ 19,140.37$ 1,914.04$ 4,384.22$ 52,000.00$ 140,107.50$ 11,975.00$ 16,266.03$ 42,897.62$ 45,947.43$ 348,899.39$ 2035 14,782.86$ 18,427.01$ 1,842.70$ 4,471.91$ 55,000.00$ 137,065.50$ 11,715.00$ 16,781.97$ 41,946.06$ 46,866.38$ 348,899.39$ 2036 15,470.44$ 17,687.87$ 1,768.79$ 4,561.34$ 58,000.00$ 133,848.00$ 11,440.00$ 17,354.93$ 40,964.32$ 47,803.71$ 348,899.40$ 2037 16,158.01$ 16,914.35$ 1,691.43$ 4,652.57$ 60,000.00$ 130,455.00$ 11,150.00$ 19,169.20$ 39,949.04$ 48,759.78$ 348,899.39$ 2038 16,845.59$ 16,106.45$ 1,610.64$ 4,745.62$ 63,000.00$ 126,945.00$ 10,850.00$ 20,233.47$ 38,827.64$ 49,734.98$ 348,899.39$ 2039 17,705.06$ 15,264.17$ 1,526.42$ 4,840.54$ 66,000.00$ 123,259.50$ 10,535.00$ 21,395.04$ 37,644.00$ 50,729.68$ 348,899.40$ 2040 18,392.63$ 14,378.91$ 1,437.89$ 4,937.35$ 70,000.00$ 119,398.50$ 10,205.00$ 22,012.45$ 36,392.38$ 51,744.27$ 348,899.38$ 2041 19,252.10$ 13,459.28$ 1,345.93$ 5,036.09$ 73,000.00$ 115,303.50$ 9,855.00$ 23,763.68$ 35,104.66$ 52,779.16$ 348,899.40$ 2042 20,111.57$ 12,496.68$ 1,249.67$ 5,136.81$ 77,000.00$ 111,033.00$ 9,490.00$ 24,832.45$ 33,714.48$ 53,834.74$ 348,899.40$ 2043 21,142.93$ 11,491.10$ 1,149.11$ 5,239.55$ 80,000.00$ 106,528.50$ 9,105.00$ 27,069.99$ 32,261.78$ 54,911.43$ 348,899.39$ 2044 22,174.30$ 10,433.95$ 1,043.40$ 5,344.34$ 85,000.00$ 101,848.50$ 8,705.00$ 27,662.06$ 30,678.18$ 56,009.66$ 348,899.38$ 2045 23,205.66$ 9,325.24$ 932.52$ 5,451.23$ 89,000.00$ 96,876.00$ 8,280.00$ 29,638.93$ 29,059.96$ 57,129.85$ 348,899.39$ 2046 24,237.02$ 8,164.95$ 816.50$ 5,560.25$ 93,000.00$ 91,669.50$ 7,835.00$ 32,017.64$ 27,326.08$ 58,272.45$ 348,899.39$ 2047 25,268.38$ 6,953.10$ 695.31$ 5,671.46$ 98,000.00$ 86,229.00$ 7,370.00$ 33,821.19$ 25,453.04$ 59,437.90$ 348,899.39$ 2048 26,471.64$ 5,689.68$ 568.97$ 5,784.89$ 104,000.00$ 80,496.00$ 6,880.00$ 34,907.05$ 23,474.50$ 60,626.66$ 348,899.39$ 2049 27,846.79$ 4,366.10$ 436.61$ 5,900.59$ 109,000.00$ 74,412.00$ 6,360.00$ 37,305.67$ 21,432.44$ 61,839.19$ 348,899.39$ 2050 29,050.05$ 2,973.76$ 297.38$ 6,018.60$ 115,000.00$ 68,035.50$ 5,815.00$ 39,383.07$ 19,250.06$ 63,075.97$ 348,899.38$ 2051 30,425.20$ 1,521.26$ 152.13$ 6,138.97$ 121,000.00$ 61,308.00$ 5,240.00$ 41,830.19$ 16,946.16$ 64,337.49$ 348,899.39$ 2052 -$ -$ -$ -$ 166,000.00$ 54,229.50$ 4,635.00$ 43,911.57$ 14,499.08$ 65,624.24$ 348,899.39$ 2053 -$ -$ -$ -$ 175,000.00$ 44,518.50$ 3,805.00$ 46,708.92$ 11,930.26$ 66,936.72$ 348,899.40$ 2054 -$ -$ -$ -$ 185,000.00$ 34,281.00$ 2,930.00$ 49,215.15$ 9,197.78$ 68,275.45$ 348,899.38$ 2055 -$ -$ -$ -$ 195,000.00$ 23,458.50$ 2,005.00$ 52,476.22$ 6,318.70$ 69,640.96$ 348,899.38$ 2056 -$ -$ -$ -$ 206,000.00$ 12,051.00$ 1,030.00$ 55,535.76$ 3,248.84$ 71,033.78$ 348,899.38$ Total 467,722.94$ 355,508.97$ 35,640.45$ 120,789.88$ 2,705,000.00$ 3,129,574.50$ 267,485.00$ 821,815.79$ 940,720.96$ 1,622,723.23$ 10,466,981.72$ Notes: Improvement Area #2 Reimbursement Obligation [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #2 Reimbursement Obligation is calculated at a 5.850% rate. [d] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Major Improvement Area Bonds Improvement Area #2-4 Bonds Annual Collection Costs Total Installment Due[d] ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2 INITIAL PARCEL SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 IMPROVEMENT AREA #2 LOT TYPE 5 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 RECORDING 16 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #2 LOT TYPE 5 PRINCIPAL ASSESSMENT: $49,416.85 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 16 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. 17 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]18 18 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 Principal Interest[a]Additional Interest Annual Collection Costs Principal Interest[b]Additional Interest Principal Interest[c] 2027 136.05$ 290.14$ 29.38$ 29.59$ 493.83$ 1,953.61$ 166.98$ 128.86$ 593.53$ 493.83$ 4,315.79$ 2028 140.37$ 284.01$ 28.70$ 48.91$ 493.83$ 1,924.72$ 164.51$ 141.34$ 586.00$ 503.70$ 4,316.08$ 2029 146.84$ 277.70$ 28.00$ 49.89$ 518.52$ 1,895.83$ 162.04$ 145.77$ 577.73$ 513.78$ 4,316.08$ 2030 151.16$ 271.09$ 27.26$ 50.88$ 543.21$ 1,865.50$ 159.44$ 154.24$ 569.20$ 524.05$ 4,316.05$ 2031 157.64$ 264.29$ 26.51$ 51.90$ 567.90$ 1,833.72$ 156.73$ 162.65$ 560.18$ 534.53$ 4,316.05$ 2032 164.12$ 257.19$ 25.72$ 52.94$ 592.59$ 1,800.50$ 153.89$ 173.20$ 550.66$ 545.23$ 4,316.04$ 2033 170.60$ 248.99$ 24.90$ 54.00$ 617.28$ 1,765.83$ 150.93$ 186.83$ 540.53$ 556.13$ 4,316.02$ 2034 179.24$ 240.46$ 24.05$ 55.08$ 641.98$ 1,729.72$ 147.84$ 200.82$ 529.60$ 567.25$ 4,316.02$ 2035 185.71$ 231.50$ 23.15$ 56.18$ 679.01$ 1,692.17$ 144.63$ 207.18$ 517.85$ 578.60$ 4,315.98$ 2036 194.35$ 222.21$ 22.22$ 57.30$ 716.05$ 1,652.44$ 141.23$ 214.26$ 505.73$ 590.17$ 4,315.97$ 2037 202.99$ 212.49$ 21.25$ 58.45$ 740.74$ 1,610.56$ 137.65$ 236.66$ 493.20$ 601.97$ 4,315.96$ 2038 211.63$ 202.34$ 20.23$ 59.62$ 777.78$ 1,567.22$ 133.95$ 249.80$ 479.35$ 614.01$ 4,315.94$ 2039 222.43$ 191.76$ 19.18$ 60.81$ 814.81$ 1,521.72$ 130.06$ 264.14$ 464.74$ 626.29$ 4,315.94$ 2040 231.06$ 180.64$ 18.06$ 62.03$ 864.20$ 1,474.06$ 125.99$ 271.76$ 449.29$ 638.82$ 4,315.90$ 2041 241.86$ 169.09$ 16.91$ 63.27$ 901.23$ 1,423.50$ 121.67$ 293.38$ 433.39$ 651.59$ 4,315.89$ 2042 252.66$ 156.99$ 15.70$ 64.53$ 950.62$ 1,370.78$ 117.16$ 306.57$ 416.23$ 664.63$ 4,315.87$ 2043 265.61$ 144.36$ 14.44$ 65.82$ 987.65$ 1,315.17$ 112.41$ 334.20$ 398.29$ 677.92$ 4,315.87$ 2044 278.57$ 131.08$ 13.11$ 67.14$ 1,049.38$ 1,257.39$ 107.47$ 341.51$ 378.74$ 691.48$ 4,315.87$ 2045 291.53$ 117.15$ 11.72$ 68.48$ 1,098.77$ 1,196.00$ 102.22$ 365.91$ 358.76$ 705.31$ 4,315.85$ 2046 304.49$ 102.57$ 10.26$ 69.85$ 1,148.15$ 1,131.72$ 96.73$ 395.28$ 337.36$ 719.41$ 4,315.82$ 2047 317.44$ 87.35$ 8.74$ 71.25$ 1,209.88$ 1,064.56$ 90.99$ 417.55$ 314.24$ 733.80$ 4,315.78$ 2048 332.56$ 71.48$ 7.15$ 72.67$ 1,283.95$ 993.78$ 84.94$ 430.95$ 289.81$ 748.48$ 4,315.76$ 2049 349.83$ 54.85$ 5.49$ 74.13$ 1,345.68$ 918.67$ 78.52$ 460.56$ 264.60$ 763.45$ 4,315.77$ 2050 364.95$ 37.36$ 3.74$ 75.61$ 1,419.75$ 839.94$ 71.79$ 486.21$ 237.66$ 778.72$ 4,315.72$ 2051 382.23$ 19.11$ 1.91$ 77.12$ 1,493.83$ 756.89$ 64.69$ 516.42$ 209.21$ 794.29$ 4,315.70$ 2052 -$ -$ -$ -$ 2,049.38$ 669.50$ 57.22$ 542.12$ 179.00$ 810.18$ 4,307.40$ 2053 -$ -$ -$ -$ 2,160.49$ 549.61$ 46.98$ 576.65$ 147.29$ 826.38$ 4,307.40$ 2054 -$ -$ -$ -$ 2,283.95$ 423.22$ 36.17$ 607.59$ 113.55$ 842.91$ 4,307.40$ 2055 -$ -$ -$ -$ 2,407.41$ 289.61$ 24.75$ 647.85$ 78.01$ 859.76$ 4,307.40$ 2056 -$ -$ -$ -$ 2,543.21$ 148.78$ 12.72$ 685.63$ 40.11$ 876.96$ 4,307.40$ Total 5,875.92$ 4,466.19$ 447.74$ 1,517.46$ 33,395.06$ 38,636.72$ 3,302.28$ 10,145.87$ 11,613.84$ 20,033.62$ 129,434.72$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #2 Reimbursement Obligation is calculated at a 5.850% rate. [d] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Major Improvement Area Bonds Improvement Area #2-4 Bonds Annual Collection Costs Total Installment Due[c] Improvement Area #2 Reimbursement Obligation ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2 LOT TYPE 5 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 IMPROVEMENT AREA #2 LOT TYPE 6 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 RECORDING 19 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #2 LOT TYPE 6 PRINCIPAL ASSESSMENT: $60,267.80 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 19 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. 20 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]21 21 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 Principal Interest[a]Additional Interest Annual Collection Costs Principal Interest[b]Additional Interest Principal Interest[c] 2027 163.26$ 348.16$ 35.26$ 35.51$ 603.57$ 2,387.75$ 204.08$ 157.49$ 725.43$ 603.57$ 5,264.07$ 2028 168.44$ 340.82$ 34.44$ 58.69$ 603.57$ 2,352.44$ 201.06$ 172.74$ 716.22$ 615.64$ 5,264.05$ 2029 176.21$ 333.24$ 33.60$ 59.86$ 633.74$ 2,317.13$ 198.05$ 178.16$ 706.11$ 627.95$ 5,264.05$ 2030 181.40$ 325.31$ 32.72$ 61.06$ 663.92$ 2,280.06$ 194.88$ 188.52$ 695.69$ 640.51$ 5,264.05$ 2031 189.17$ 317.14$ 31.81$ 62.28$ 694.10$ 2,241.22$ 191.56$ 198.79$ 684.66$ 653.32$ 5,264.05$ 2032 196.94$ 308.63$ 30.86$ 63.53$ 724.28$ 2,200.61$ 188.09$ 211.69$ 673.03$ 666.39$ 5,264.05$ 2033 204.72$ 298.78$ 29.88$ 64.80$ 754.46$ 2,158.24$ 184.47$ 228.35$ 660.65$ 679.71$ 5,264.05$ 2034 215.08$ 288.55$ 28.85$ 66.09$ 784.64$ 2,114.10$ 180.69$ 245.44$ 647.29$ 693.31$ 5,264.05$ 2035 222.86$ 277.79$ 27.78$ 67.42$ 829.90$ 2,068.20$ 176.77$ 253.23$ 632.93$ 707.17$ 5,264.06$ 2036 233.22$ 266.65$ 26.67$ 68.76$ 875.17$ 2,019.65$ 172.62$ 261.87$ 618.12$ 721.32$ 5,264.06$ 2037 243.59$ 254.99$ 25.50$ 70.14$ 905.35$ 1,968.46$ 168.24$ 289.25$ 602.80$ 735.74$ 5,264.06$ 2038 253.95$ 242.81$ 24.28$ 71.54$ 950.62$ 1,915.49$ 163.72$ 305.31$ 585.88$ 750.46$ 5,264.06$ 2039 266.91$ 230.11$ 23.01$ 72.97$ 995.88$ 1,859.88$ 158.96$ 322.83$ 568.02$ 765.47$ 5,264.06$ 2040 277.28$ 216.77$ 21.68$ 74.43$ 1,056.24$ 1,801.62$ 153.98$ 332.15$ 549.13$ 780.78$ 5,264.06$ 2041 290.23$ 202.90$ 20.29$ 75.92$ 1,101.51$ 1,739.83$ 148.70$ 358.57$ 529.70$ 796.39$ 5,264.06$ 2042 303.19$ 188.39$ 18.84$ 77.44$ 1,161.87$ 1,675.40$ 143.20$ 374.70$ 508.72$ 812.32$ 5,264.06$ 2043 318.74$ 173.23$ 17.32$ 78.99$ 1,207.13$ 1,607.43$ 137.39$ 408.46$ 486.80$ 828.57$ 5,264.06$ 2044 334.29$ 157.30$ 15.73$ 80.57$ 1,282.58$ 1,536.81$ 131.35$ 417.40$ 462.91$ 845.14$ 5,264.06$ 2045 349.83$ 140.58$ 14.06$ 82.18$ 1,342.94$ 1,461.78$ 124.94$ 447.23$ 438.49$ 862.04$ 5,264.06$ 2046 365.38$ 123.09$ 12.31$ 83.82$ 1,403.29$ 1,383.22$ 118.22$ 483.12$ 412.33$ 879.28$ 5,264.07$ 2047 380.93$ 104.82$ 10.48$ 85.50$ 1,478.74$ 1,301.12$ 111.21$ 510.33$ 384.07$ 896.87$ 5,264.07$ 2048 399.07$ 85.77$ 8.58$ 87.21$ 1,569.27$ 1,214.62$ 103.81$ 526.72$ 354.21$ 914.81$ 5,264.07$ 2049 419.80$ 65.82$ 6.58$ 88.95$ 1,644.72$ 1,122.81$ 95.97$ 562.91$ 323.40$ 933.10$ 5,264.07$ 2050 437.94$ 44.83$ 4.48$ 90.73$ 1,735.25$ 1,026.60$ 87.74$ 594.26$ 290.47$ 951.76$ 5,264.07$ 2051 458.67$ 22.93$ 2.29$ 92.55$ 1,825.79$ 925.09$ 79.07$ 631.18$ 255.70$ 970.80$ 5,264.07$ 2052 -$ -$ -$ -$ 2,504.80$ 818.28$ 69.94$ 662.59$ 218.78$ 990.21$ 5,264.60$ 2053 -$ -$ -$ -$ 2,640.60$ 671.75$ 57.41$ 704.80$ 180.02$ 1,010.02$ 5,264.60$ 2054 -$ -$ -$ -$ 2,791.50$ 517.27$ 44.21$ 742.62$ 138.79$ 1,030.22$ 5,264.60$ 2055 -$ -$ -$ -$ 2,942.39$ 353.97$ 30.25$ 791.82$ 95.34$ 1,050.82$ 5,264.60$ 2056 -$ -$ -$ -$ 3,108.37$ 181.84$ 15.54$ 837.99$ 49.02$ 1,071.84$ 5,264.60$ Total 7,051.10$ 5,359.43$ 537.29$ 1,820.95$ 40,816.19$ 47,222.66$ 4,036.12$ 12,400.51$ 14,194.69$ 24,485.54$ 157,924.49$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #2 Reimbursement Obligation is calculated at a 5.850% rate. [d] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Major Improvement Area Bonds Improvement Area #2-4 Bonds Annual Collection Costs Total Installment Due[c] Improvement Area #2 Reimbursement Obligation ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2 LOT TYPE 6 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 IMPROVEMENT AREA #3 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 RECORDING 22 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #3 INITIAL PARCEL PRINCIPAL ASSESSMENT: $2,533,940.62 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 22 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. 23 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]24 24 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 Principal Interest[a]Additional Interest Annual Collection Costs Principal Interest[b]Additional Interest Principal Interest[c] 2027 8,587.71$ 18,314.31$ 1,854.54$ 1,868.03$ 32,000.00$ 119,281.50$ 10,195.00$ 1,857.35$ 7,255.96$ 40,000.00$ 241,214.39$ 2028 8,860.33$ 17,927.86$ 1,811.60$ 3,087.22$ 32,000.00$ 117,409.50$ 10,035.00$ 2,135.59$ 7,147.30$ 40,800.00$ 241,214.40$ 2029 9,269.27$ 17,529.15$ 1,767.30$ 3,148.97$ 34,000.00$ 115,537.50$ 9,875.00$ 1,448.84$ 7,022.38$ 41,616.00$ 241,214.40$ 2030 9,541.90$ 17,112.03$ 1,720.95$ 3,211.95$ 35,000.00$ 113,548.50$ 9,705.00$ 1,988.13$ 6,937.62$ 42,448.32$ 241,214.39$ 2031 9,950.84$ 16,682.64$ 1,673.24$ 3,276.19$ 36,000.00$ 111,501.00$ 9,530.00$ 2,481.89$ 6,821.30$ 43,297.29$ 241,214.38$ 2032 10,359.77$ 16,234.86$ 1,623.49$ 3,341.71$ 38,000.00$ 109,395.00$ 9,350.00$ 2,070.21$ 6,676.12$ 44,163.24$ 241,214.39$ 2033 10,768.71$ 15,716.87$ 1,571.69$ 3,408.54$ 39,000.00$ 107,172.00$ 9,160.00$ 2,815.07$ 6,555.02$ 45,046.50$ 241,214.40$ 2034 11,313.96$ 15,178.43$ 1,517.84$ 3,476.71$ 41,000.00$ 104,890.50$ 8,965.00$ 2,534.18$ 6,390.32$ 45,947.43$ 241,214.38$ 2035 11,722.90$ 14,612.73$ 1,461.27$ 3,546.25$ 43,000.00$ 102,492.00$ 8,760.00$ 2,510.78$ 6,242.08$ 46,866.38$ 241,214.40$ 2036 12,268.15$ 14,026.59$ 1,402.66$ 3,617.17$ 45,000.00$ 99,976.50$ 8,545.00$ 2,479.41$ 6,095.20$ 47,803.71$ 241,214.39$ 2037 12,813.40$ 13,413.18$ 1,341.32$ 3,689.52$ 47,000.00$ 97,344.00$ 8,320.00$ 2,583.03$ 5,950.16$ 48,759.78$ 241,214.39$ 2038 13,358.66$ 12,772.51$ 1,277.25$ 3,763.31$ 49,000.00$ 94,594.50$ 8,085.00$ 2,829.14$ 5,799.04$ 49,734.98$ 241,214.38$ 2039 14,040.22$ 12,104.58$ 1,210.46$ 3,838.57$ 51,000.00$ 91,728.00$ 7,840.00$ 3,089.35$ 5,633.54$ 50,729.68$ 241,214.40$ 2040 14,585.47$ 11,402.57$ 1,140.26$ 3,915.35$ 53,000.00$ 88,744.50$ 7,585.00$ 3,644.16$ 5,452.82$ 51,744.27$ 241,214.39$ 2041 15,267.03$ 10,673.29$ 1,067.33$ 3,993.65$ 56,000.00$ 85,644.00$ 7,320.00$ 3,230.30$ 5,239.64$ 52,779.16$ 241,214.41$ 2042 15,948.60$ 9,909.94$ 990.99$ 4,073.53$ 58,000.00$ 82,368.00$ 7,040.00$ 3,997.94$ 5,050.66$ 53,834.74$ 241,214.40$ 2043 16,766.48$ 9,112.51$ 911.25$ 4,155.00$ 61,000.00$ 78,975.00$ 6,750.00$ 3,815.95$ 4,816.78$ 54,911.43$ 241,214.39$ 2044 17,584.35$ 8,274.19$ 827.42$ 4,238.10$ 64,000.00$ 75,406.50$ 6,445.00$ 3,835.63$ 4,593.54$ 56,009.66$ 241,214.38$ 2045 18,402.23$ 7,394.97$ 739.50$ 4,322.86$ 67,000.00$ 71,662.50$ 6,125.00$ 4,068.32$ 4,369.16$ 57,129.85$ 241,214.38$ 2046 19,220.11$ 6,474.86$ 647.49$ 4,409.32$ 70,000.00$ 67,743.00$ 5,790.00$ 4,526.01$ 4,131.16$ 58,272.45$ 241,214.39$ 2047 20,037.98$ 5,513.85$ 551.39$ 4,497.50$ 73,000.00$ 63,648.00$ 5,440.00$ 5,221.37$ 3,866.40$ 59,437.90$ 241,214.39$ 2048 20,992.17$ 4,511.95$ 451.20$ 4,587.45$ 77,000.00$ 59,377.50$ 5,075.00$ 5,031.51$ 3,560.94$ 60,626.66$ 241,214.38$ 2049 22,082.68$ 3,462.35$ 346.23$ 4,679.20$ 80,000.00$ 54,873.00$ 4,690.00$ 5,975.15$ 3,266.60$ 61,839.19$ 241,214.40$ 2050 23,036.86$ 2,358.21$ 235.82$ 4,772.78$ 84,000.00$ 50,193.00$ 4,290.00$ 6,334.68$ 2,917.06$ 63,075.97$ 241,214.39$ 2051 24,127.37$ 1,206.37$ 120.64$ 4,868.24$ 88,000.00$ 45,279.00$ 3,870.00$ 6,858.81$ 2,546.48$ 64,337.49$ 241,214.39$ 2052 -$ -$ -$ -$ 123,000.00$ 40,131.00$ 3,430.00$ 6,883.92$ 2,145.24$ 65,624.24$ 241,214.40$ 2053 -$ -$ -$ -$ 130,000.00$ 32,935.50$ 2,815.00$ 6,784.65$ 1,742.52$ 66,936.72$ 241,214.39$ 2054 -$ -$ -$ -$ 137,000.00$ 25,330.50$ 2,165.00$ 7,097.81$ 1,345.62$ 68,275.45$ 241,214.38$ 2055 -$ -$ -$ -$ 144,000.00$ 17,316.00$ 1,480.00$ 7,847.03$ 930.40$ 69,640.96$ 241,214.39$ 2056 -$ -$ -$ -$ 152,000.00$ 8,892.00$ 760.00$ 8,057.26$ 471.34$ 71,033.78$ 241,214.38$ Total 370,907.15$ 281,920.79$ 28,263.10$ 95,787.12$ 2,039,000.00$ 2,333,389.50$ 199,435.00$ 124,033.47$ 140,972.40$ 1,622,723.23$ 7,236,431.76$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #2 Reimbursement Obligation is calculated at a 5.850% rate. [d] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Major Improvement Area Bonds Improvement Area #2-4 Bonds Annual Collection Costs Total Installment Due[c] Improvement Area #3 Reimbursement Obligation ANNUAL INSTALLMENTS - IMPROVEMENT AREA #3 INITIAL PARCEL SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 IMPROVEMENT AREA #3 LOT TYPE 7 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 RECORDING 25 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #3 LOT TYPE 7 PRINCIPAL ASSESSMENT: $35,193.62 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 25 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. 26 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]27 27 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 Principal Interest[a]Additional Interest Annual Collection Costs Principal Interest[b]Additional Interest Principal Interest[c] 2027 119.27$ 254.37$ 25.76$ 25.94$ 444.44$ 1,656.69$ 141.60$ 25.80$ 100.78$ 555.56$ 3,350.20$ 2028 123.06$ 249.00$ 25.16$ 42.88$ 444.44$ 1,630.69$ 139.38$ 29.66$ 99.27$ 566.67$ 3,350.20$ 2029 128.74$ 243.46$ 24.55$ 43.74$ 472.22$ 1,604.69$ 137.15$ 20.12$ 97.53$ 578.00$ 3,350.20$ 2030 132.53$ 237.67$ 23.90$ 44.61$ 486.11$ 1,577.06$ 134.79$ 27.61$ 96.36$ 589.56$ 3,350.20$ 2031 138.21$ 231.70$ 23.24$ 45.50$ 500.00$ 1,548.63$ 132.36$ 34.47$ 94.74$ 601.35$ 3,350.20$ 2032 143.89$ 225.48$ 22.55$ 46.41$ 527.78$ 1,519.38$ 129.86$ 28.75$ 92.72$ 613.38$ 3,350.20$ 2033 149.57$ 218.29$ 21.83$ 47.34$ 541.67$ 1,488.50$ 127.22$ 39.10$ 91.04$ 625.65$ 3,350.20$ 2034 157.14$ 210.81$ 21.08$ 48.29$ 569.44$ 1,456.81$ 124.51$ 35.20$ 88.75$ 638.16$ 3,350.20$ 2035 162.82$ 202.95$ 20.30$ 49.25$ 597.22$ 1,423.50$ 121.67$ 34.87$ 86.70$ 650.92$ 3,350.20$ 2036 170.39$ 194.81$ 19.48$ 50.24$ 625.00$ 1,388.56$ 118.68$ 34.44$ 84.66$ 663.94$ 3,350.20$ 2037 177.96$ 186.29$ 18.63$ 51.24$ 652.78$ 1,352.00$ 115.56$ 35.88$ 82.64$ 677.22$ 3,350.20$ 2038 185.54$ 177.40$ 17.74$ 52.27$ 680.56$ 1,313.81$ 112.29$ 39.29$ 80.54$ 690.76$ 3,350.20$ 2039 195.00$ 168.12$ 16.81$ 53.31$ 708.33$ 1,274.00$ 108.89$ 42.91$ 78.24$ 704.58$ 3,350.20$ 2040 202.58$ 158.37$ 15.84$ 54.38$ 736.11$ 1,232.56$ 105.35$ 50.61$ 75.73$ 718.67$ 3,350.20$ 2041 212.04$ 148.24$ 14.82$ 55.47$ 777.78$ 1,189.50$ 101.67$ 44.87$ 72.77$ 733.04$ 3,350.20$ 2042 221.51$ 137.64$ 13.76$ 56.58$ 805.56$ 1,144.00$ 97.78$ 55.53$ 70.15$ 747.70$ 3,350.20$ 2043 232.87$ 126.56$ 12.66$ 57.71$ 847.22$ 1,096.88$ 93.75$ 53.00$ 66.90$ 762.66$ 3,350.20$ 2044 244.23$ 114.92$ 11.49$ 58.86$ 888.89$ 1,047.31$ 89.51$ 53.27$ 63.80$ 777.91$ 3,350.20$ 2045 255.59$ 102.71$ 10.27$ 60.04$ 930.56$ 995.31$ 85.07$ 56.50$ 60.68$ 793.47$ 3,350.20$ 2046 266.95$ 89.93$ 8.99$ 61.24$ 972.22$ 940.88$ 80.42$ 62.86$ 57.38$ 809.34$ 3,350.20$ 2047 278.31$ 76.58$ 7.66$ 62.47$ 1,013.89$ 884.00$ 75.56$ 72.52$ 53.70$ 825.53$ 3,350.20$ 2048 291.56$ 62.67$ 6.27$ 63.71$ 1,069.44$ 824.69$ 70.49$ 69.88$ 49.46$ 842.04$ 3,350.20$ 2049 306.70$ 48.09$ 4.81$ 64.99$ 1,111.11$ 762.13$ 65.14$ 82.99$ 45.37$ 858.88$ 3,350.20$ 2050 319.96$ 32.75$ 3.28$ 66.29$ 1,166.67$ 697.13$ 59.58$ 87.98$ 40.51$ 876.06$ 3,350.20$ 2051 335.10$ 16.76$ 1.68$ 67.61$ 1,222.22$ 628.88$ 53.75$ 95.26$ 35.37$ 893.58$ 3,350.20$ 2052 -$ -$ -$ -$ 1,708.33$ 557.38$ 47.64$ 95.61$ 29.80$ 911.45$ 3,350.20$ 2053 -$ -$ -$ -$ 1,805.56$ 457.44$ 39.10$ 94.23$ 24.20$ 929.68$ 3,350.20$ 2054 -$ -$ -$ -$ 1,902.78$ 351.81$ 30.07$ 98.58$ 18.69$ 948.27$ 3,350.20$ 2055 -$ -$ -$ -$ 2,000.00$ 240.50$ 20.56$ 108.99$ 12.92$ 967.24$ 3,350.20$ 2056 -$ -$ -$ -$ 2,111.11$ 123.50$ 10.56$ 111.91$ 6.55$ 986.58$ 3,350.20$ Total 5,151.49$ 3,915.57$ 392.54$ 1,330.38$ 28,319.44$ 32,408.19$ 2,769.93$ 1,722.69$ 1,957.95$ 22,537.82$ 100,506.00$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #2 Reimbursement Obligation is calculated at a 5.850% rate. [d] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Major Improvement Area Bonds Improvement Area #2-4 Bonds Annual Collection Costs Total Installment Due[c] Improvement Area #3 Reimbursement Obligation ANNUAL INSTALLMENTS - IMPROVEMENT AREA #3 LOT TYPE 7 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 IMPROVEMENT AREA #4 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 RECORDING 28 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #4 INITIAL PARCEL PRINCIPAL ASSESSMENT: $3,711,127.76 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 28 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. 29 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]30 30 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 Principal Interest[a]Additional Interest Annual Collection Costs Principal Interest[b]Additional Interest Capitalized Interest Principal Interest[c] 2027 12,635.56$ 26,946.83$ 2,728.68$ 2,748.53$ -$ 122,089.50$ 10,435.00$ (122,089.50)$ -$ -$ 40,000.00$ 95,494.60$ 2028 13,036.69$ 26,378.23$ 2,665.50$ 4,542.40$ 32,000.00$ 122,089.50$ 10,435.00$ -$ 15,200.74$ 63,085.94$ 40,800.00$ 330,234.00$ 2029 13,638.38$ 25,791.58$ 2,600.32$ 4,633.25$ 33,000.00$ 120,217.50$ 10,275.00$ -$ 16,265.28$ 62,196.68$ 41,616.00$ 330,233.99$ 2030 14,039.51$ 25,177.85$ 2,532.13$ 4,725.91$ 35,000.00$ 118,287.00$ 10,110.00$ -$ 16,668.10$ 61,245.16$ 42,448.32$ 330,233.98$ 2031 14,641.20$ 24,546.08$ 2,461.93$ 4,820.43$ 36,000.00$ 116,239.50$ 9,935.00$ -$ 18,022.48$ 60,270.08$ 43,297.29$ 330,233.99$ 2032 15,242.90$ 23,887.22$ 2,388.72$ 4,916.84$ 38,000.00$ 114,133.50$ 9,755.00$ -$ 18,530.81$ 59,215.76$ 44,163.24$ 330,233.99$ 2033 15,844.59$ 23,125.08$ 2,312.51$ 5,015.18$ 39,000.00$ 111,910.50$ 9,565.00$ -$ 20,282.93$ 58,131.72$ 45,046.50$ 330,234.00$ 2034 16,646.85$ 22,332.85$ 2,233.28$ 5,115.48$ 41,000.00$ 109,629.00$ 9,370.00$ -$ 21,013.94$ 56,945.16$ 45,947.43$ 330,233.99$ 2035 17,248.54$ 21,500.51$ 2,150.05$ 5,217.79$ 43,000.00$ 107,230.50$ 9,165.00$ -$ 22,139.38$ 55,715.84$ 46,866.38$ 330,233.99$ 2036 18,050.80$ 20,638.08$ 2,063.81$ 5,322.14$ 45,000.00$ 104,715.00$ 8,950.00$ -$ 23,269.76$ 54,420.70$ 47,803.71$ 330,234.00$ 2037 18,853.06$ 19,735.54$ 1,973.55$ 5,428.59$ 47,000.00$ 102,082.50$ 8,725.00$ -$ 24,616.56$ 53,059.42$ 48,759.78$ 330,234.00$ 2038 19,655.31$ 18,792.89$ 1,879.29$ 5,537.16$ 49,000.00$ 99,333.00$ 8,490.00$ -$ 26,192.03$ 51,619.34$ 49,734.98$ 330,234.00$ 2039 20,658.14$ 17,810.12$ 1,781.01$ 5,647.90$ 51,000.00$ 96,466.50$ 8,245.00$ -$ 27,808.53$ 50,087.12$ 50,729.68$ 330,234.00$ 2040 21,460.39$ 16,777.21$ 1,677.72$ 5,760.86$ 53,000.00$ 93,483.00$ 7,990.00$ -$ 29,880.22$ 48,460.32$ 51,744.27$ 330,234.00$ 2041 22,463.22$ 15,704.19$ 1,570.42$ 5,876.08$ 56,000.00$ 90,382.50$ 7,725.00$ -$ 31,021.12$ 46,712.32$ 52,779.16$ 330,234.01$ 2042 23,466.04$ 14,581.03$ 1,458.10$ 5,993.60$ 58,000.00$ 87,106.50$ 7,445.00$ -$ 33,451.40$ 44,897.58$ 53,834.74$ 330,233.99$ 2043 24,669.42$ 13,407.73$ 1,340.77$ 6,113.47$ 61,000.00$ 83,713.50$ 7,155.00$ -$ 34,981.99$ 42,940.68$ 54,911.43$ 330,234.00$ 2044 25,872.81$ 12,174.26$ 1,217.43$ 6,235.74$ 64,000.00$ 80,145.00$ 6,850.00$ -$ 36,834.86$ 40,894.24$ 56,009.66$ 330,234.00$ 2045 27,076.20$ 10,880.62$ 1,088.06$ 6,360.46$ 66,000.00$ 76,401.00$ 6,530.00$ -$ 40,028.41$ 38,739.40$ 57,129.85$ 330,233.99$ 2046 28,279.58$ 9,526.81$ 952.68$ 6,487.66$ 70,000.00$ 72,540.00$ 6,200.00$ -$ 41,577.08$ 36,397.74$ 58,272.45$ 330,234.01$ 2047 29,482.97$ 8,112.83$ 811.28$ 6,617.42$ 73,000.00$ 68,445.00$ 5,850.00$ -$ 44,511.12$ 33,965.48$ 59,437.90$ 330,234.00$ 2048 30,886.92$ 6,638.68$ 663.87$ 6,749.77$ 77,000.00$ 64,174.50$ 5,485.00$ -$ 46,647.03$ 31,361.58$ 60,626.66$ 330,234.01$ 2049 32,491.44$ 5,094.34$ 509.43$ 6,884.76$ 80,000.00$ 59,670.00$ 5,100.00$ -$ 50,012.12$ 28,632.72$ 61,839.19$ 330,234.00$ 2050 33,895.39$ 3,469.76$ 346.98$ 7,022.46$ 84,000.00$ 54,990.00$ 4,700.00$ -$ 53,026.42$ 25,707.02$ 63,075.97$ 330,233.99$ 2051 35,499.90$ 1,775.00$ 177.50$ 7,162.91$ 89,000.00$ 50,076.00$ 4,280.00$ -$ 55,320.23$ 22,604.96$ 64,337.49$ 330,233.98$ 2052 -$ -$ -$ -$ 138,000.00$ 44,869.50$ 3,835.00$ -$ 58,536.52$ 19,368.74$ 65,624.24$ 330,234.00$ 2053 -$ -$ -$ -$ 145,000.00$ 36,796.50$ 3,145.00$ -$ 62,411.43$ 15,944.34$ 66,936.72$ 330,233.99$ 2054 -$ -$ -$ -$ 153,000.00$ 28,314.00$ 2,420.00$ -$ 65,931.26$ 12,293.28$ 68,275.45$ 330,233.99$ 2055 -$ -$ -$ -$ 161,000.00$ 19,363.50$ 1,655.00$ -$ 70,138.23$ 8,436.30$ 69,640.96$ 330,233.99$ 2056 -$ -$ -$ -$ 170,000.00$ 9,945.00$ 850.00$ -$ 74,071.99$ 4,333.22$ 71,033.78$ 330,233.99$ Total 545,735.79$ 414,805.33$ 41,585.03$ 140,936.77$ 2,087,000.00$ 2,464,839.00$ 210,670.00$ (122,089.50)$ 1,078,391.97$ 1,187,682.84$ 1,622,723.23$ 9,672,280.46$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #4 Reimbursement Obligation is calculated at a 5.850% rate. [d] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Major Improvement Area Bonds Improvement Area #2-4 Bonds Annual Collection Costs Total Installment Due[c] Improvement Area #4 Reimbursement Obligation ANNUAL INSTALLMENTS - IMPROVEMENT AREA #4 INITIAL PARCEL SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 IMPROVEMENT AREA #4 LOT TYPE 8 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 RECORDING 31 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS IMPROVEMENT AREA #4 LOT TYPE 8 PRINCIPAL ASSESSMENT: $32,270.68 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 31 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. 32 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]33 33 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 Principal Interest[a]Additional Interest Annual Collection Costs Principal Interest[b]Additional Interest Capitalized Interest Principal Interest[c] 2027 109.87$ 234.32$ 23.73$ 23.90$ -$ 1,061.65$ 90.74$ (1,061.65)$ -$ -$ 347.83$ 830.39$ 2028 113.36$ 229.38$ 23.18$ 39.50$ 278.26$ 1,061.65$ 90.74$ -$ 132.18$ 548.57$ 354.78$ 2,871.60$ 2029 118.59$ 224.27$ 22.61$ 40.29$ 286.96$ 1,045.37$ 89.35$ -$ 141.44$ 540.84$ 361.88$ 2,871.60$ 2030 122.08$ 218.94$ 22.02$ 41.09$ 304.35$ 1,028.58$ 87.91$ -$ 144.94$ 532.57$ 369.12$ 2,871.60$ 2031 127.31$ 213.44$ 21.41$ 41.92$ 313.04$ 1,010.78$ 86.39$ -$ 156.72$ 524.09$ 376.50$ 2,871.60$ 2032 132.55$ 207.71$ 20.77$ 42.76$ 330.43$ 992.47$ 84.83$ -$ 161.14$ 514.92$ 384.03$ 2,871.60$ 2033 137.78$ 201.09$ 20.11$ 43.61$ 339.13$ 973.13$ 83.17$ -$ 176.37$ 505.49$ 391.71$ 2,871.60$ 2034 144.76$ 194.20$ 19.42$ 44.48$ 356.52$ 953.30$ 81.48$ -$ 182.73$ 495.18$ 399.54$ 2,871.60$ 2035 149.99$ 186.96$ 18.70$ 45.37$ 373.91$ 932.44$ 79.70$ -$ 192.52$ 484.49$ 407.53$ 2,871.60$ 2036 156.96$ 179.46$ 17.95$ 46.28$ 391.30$ 910.57$ 77.83$ -$ 202.35$ 473.22$ 415.68$ 2,871.60$ 2037 163.94$ 171.61$ 17.16$ 47.21$ 408.70$ 887.67$ 75.87$ -$ 214.06$ 461.39$ 424.00$ 2,871.60$ 2038 170.92$ 163.42$ 16.34$ 48.15$ 426.09$ 863.77$ 73.83$ -$ 227.76$ 448.86$ 432.48$ 2,871.60$ 2039 179.64$ 154.87$ 15.49$ 49.11$ 443.48$ 838.84$ 71.70$ -$ 241.81$ 435.54$ 441.13$ 2,871.60$ 2040 186.61$ 145.89$ 14.59$ 50.09$ 460.87$ 812.90$ 69.48$ -$ 259.83$ 421.39$ 449.95$ 2,871.60$ 2041 195.33$ 136.56$ 13.66$ 51.10$ 486.96$ 785.93$ 67.17$ -$ 269.75$ 406.19$ 458.95$ 2,871.60$ 2042 204.05$ 126.79$ 12.68$ 52.12$ 504.35$ 757.45$ 64.74$ -$ 290.88$ 390.41$ 468.13$ 2,871.60$ 2043 214.52$ 116.59$ 11.66$ 53.16$ 530.43$ 727.94$ 62.22$ -$ 304.19$ 373.40$ 477.49$ 2,871.60$ 2044 224.98$ 105.86$ 10.59$ 54.22$ 556.52$ 696.91$ 59.57$ -$ 320.30$ 355.60$ 487.04$ 2,871.60$ 2045 235.45$ 94.61$ 9.46$ 55.31$ 573.91$ 664.36$ 56.78$ -$ 348.07$ 336.86$ 496.78$ 2,871.60$ 2046 245.91$ 82.84$ 8.28$ 56.41$ 608.70$ 630.78$ 53.91$ -$ 361.54$ 316.50$ 506.72$ 2,871.60$ 2047 256.37$ 70.55$ 7.05$ 57.54$ 634.78$ 595.17$ 50.87$ -$ 387.05$ 295.35$ 516.85$ 2,871.60$ 2048 268.58$ 57.73$ 5.77$ 58.69$ 669.57$ 558.04$ 47.70$ -$ 405.63$ 272.71$ 527.19$ 2,871.60$ 2049 282.53$ 44.30$ 4.43$ 59.87$ 695.65$ 518.87$ 44.35$ -$ 434.89$ 248.98$ 537.73$ 2,871.60$ 2050 294.74$ 30.17$ 3.02$ 61.06$ 730.43$ 478.17$ 40.87$ -$ 461.10$ 223.54$ 548.49$ 2,871.60$ 2051 308.69$ 15.43$ 1.54$ 62.29$ 773.91$ 435.44$ 37.22$ -$ 481.05$ 196.56$ 559.46$ 2,871.60$ 2052 -$ -$ -$ -$ 1,200.00$ 390.17$ 33.35$ -$ 509.01$ 168.42$ 570.65$ 2,871.60$ 2053 -$ -$ -$ -$ 1,260.87$ 319.97$ 27.35$ -$ 542.71$ 138.65$ 582.06$ 2,871.60$ 2054 -$ -$ -$ -$ 1,330.43$ 246.21$ 21.04$ -$ 573.32$ 106.90$ 593.70$ 2,871.60$ 2055 -$ -$ -$ -$ 1,400.00$ 168.38$ 14.39$ -$ 609.90$ 73.36$ 605.57$ 2,871.60$ 2056 -$ -$ -$ -$ 1,478.26$ 86.48$ 7.39$ -$ 644.10$ 37.68$ 617.69$ 2,871.60$ Total 4,745.53$ 3,607.00$ 361.61$ 1,225.54$ 18,147.83$ 21,433.38$ 1,831.91$ (1,061.65)$ 9,377.32$ 10,327.68$ 14,110.64$ 84,106.79$ Notes: [a] Interest on the Major Improvement Area Bonds is calculated at a 4.500% rate for term bonds due 2031, and at a 5.000% rate for term bonds due 2051. [b] Interest on the Improvement Area #2-4 Bonds is calculated at 5.850% for illustrative purposes, subject to change at pricing. [c] Interest on the Improvement Area #4 Reimbursement Obligation is calculated at a 5.850% rate. [d] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Due 1/31 Major Improvement Area Bonds Improvement Area #2-4 Bonds Annual Collection Costs Total Installment Due[c] Improvement Area #4 Reimbursement Obligation ANNUAL INSTALLMENTS - IMPROVEMENT AREA #4 LOT TYPE 8 SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO. 2 MAJOR IMPROVEMENT AREA 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 RECORDING 34 RETURN TO: ____________________ ____________________ ____________________ ____________________ ____________________ NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY __________________________________________ STREET ADDRESS MAJOR IMPROVEMENT AREA INITIAL PARCEL PRINCIPAL ASSESSMENT: $2,721,000.00 As the purchaser of the real property described above, you are obligated to pay assessments to City of Anna, Texas, (the “City”), 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 Tract Public Improvement District No. 2 (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. The exact amount of each annual installment will be approved each year by the City of Anna, Texas, 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 the City. 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. 34 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. 35 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]36 36 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 Installment Due[b] Total 2,721,000.00$ 2,068,190.00$ 207,340.00$ 702,700.78$ 5,699,230.78$ Notes: ANNUAL INSTALLMENTS - MAJOR IMPROVEMENT AREA INITIAL PARCEL EXHIBIT B CITY OF ANNA, TEXAS NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN THAT a public hearing will be conducted by the City Council of Anna, Texas on March 24, 2026 at 6:00 p.m.at the Anna Municipal Complex, 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 Improvement Area #2, Improvement Area #3, and Improvement #4 of the Sherley Tract Public Improvement District No. 2 (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 and maintenance 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; (v) projects similar to those listed in subsections (i) - (iv) above authorized by the Act, including similar off-site projects that provide a benefit to the property within the District; (vi) special supplemental services for improvement and promotion of the district; (vii) payment of costs associated with operating and maintaining the public improvements listed in subparagraphs (i) - (vi) above; and (viii) payment of costs associated with developing and financing the public improvements listed in subparagraphs (i) - (vi) above, and costs of establishing, administering and operating the District. These Authorized Improvements shall promote the interests of the City and confer a special benefit upon the Property. The total estimated costs of the Improvement Area #2 Projects, the Improvement Area #3 Projects, and the Improvement Area #4 Projects, including the estimated total costs of issuing the bonds, is approximately $9,577,148. The boundaries of the District include approximately 289.751 acres of land generally located west of U.S. Highway 75 and within the corporate limits of the City, and as more particularly described by a metes and bounds description available at the office of the City Secretary, Anna Municipal Complex, 120 W. 7th Street, Anna, Texas 75409 and available for public inspection. All written or oral objections on the proposed assessment within the District will be considered at the public hearing. A copy of the Improvement Area #2 Assessment Roll, the Improvement Area #3 Assessment Roll, and the Improvement Area #4 Assessment Roll, (collectively, the "Assessment Rolls"), which Assessment Rolls include the assessments to be levied against each parcel in the District for the Improvement Area #2 Projects, the Improvement Area #3 Projects, and the Improvement Area #4 Projects, is available for public inspection at the office of the City Secretary, Anna Municipal Complex, 120 W. 7th Street, Anna, Texas 75409. Item No. 6.d. City Council Agenda Staff Report Meeting Date: 3/10/2026 Staff Contact: Joseph Cotton AGENDA ITEM: Approve a Resolution approving a Preliminary Limited Offering Memorandum for the sale of “City of Anna, Texas Special Assessment Revenue Bonds, Series 2026 (Hurricane Creek Public Improvement District Improvement Area #3 Project)”. (Director of Public Works Joseph Cotton) SUMMARY: Resolution approving a Preliminary Limited Offering Memorandum for the sale of “City of Anna, Texas Special Assessment Revenue Bonds, Series 2026 (Hurricane Creek Public Improvement District Improvement Area #3 Project)”. FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: 1. Resolution Approving PLOM (Hurricane Creek PID IA#3) v1 CITY OF ANNA, TEXAS RESOLUTION NO. 2026-03-____ RESOLUTION APPROVING A PRELIMINARY LIMITED OFFERING MEMORANDUM FOR THE SALE OF “CITY OF ANNA, TEXAS SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2026 (HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #3 PROJECT)” WHEREAS, the City of Anna, Texas (the “City”) intends to issue its City of Anna, Texas Special Assessment Revenue Bonds, Series 2026 (Hurricane Creek Public Improvement District Improvement Area #3 Project) (the “Bonds”) to finance certain public improvements within the City; WHEREAS, FMSbonds, Inc. (the “Underwriter”), with assistance from its counsel, City Staff, the City’s Bond Counsel, and City’s Financial Advisor, has prepared a Preliminary Limited Offering Memorandum for dissemination to potential purchasers of the Bonds prior to the availability of the final Limited Offering Memorandum for the Bonds. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CITY OF ANNA, TEXAS: 1. The Preliminary Limited Offering Memorandum for the Bonds, substantially in the form attached hereto as Exhibit A, is hereby approved with such changes, addenda, supplements or amendments as may be approved by the Finance Director in consultation with the City’s consultants retained by the City to assist in the issuance of the Bonds including Bond Counsel and the Financial Advisor, and the Underwriter is hereby authorized to distribute such document among potential purchasers of the Bonds and other interested persons in connection with the initial marketing and placement of the Bonds; provided that such Preliminary Limited Offering Memorandum shall not be released to the public without the approval of the Finance Director, which approval shall be made in consultation with the City’s consultants retained by the City to assist in the issuance of the Bonds including Bond Counsel and the Financial Advisor. 2. Pursuant to Rule 15c2-12 of the United States Securities and Exchange Commission (17 C.F.R. § 240.15c2-12) (“Rule 15c2-12”), the City hereby deems the Preliminary Limited Offering Memorandum to be final as of its date, except for the omission of no more than the following information as permitted by Rule 15c2-12: the offering prices of the Bonds, interest rates for the Bonds, selling compensation of the Underwriter, the aggregate principal amount of the Bonds, the principal amount per maturity of the Bonds, the delivery date for the Bonds, ratings for the Bonds, and the identity of the ultimate purchasers. PASSED AND APPROVED THIS 10TH DAY OF MARCH, 2026. ______________________________ Pete Cain, Mayor ATTEST: City of Anna, Texas ______________________________ (CITY SEAL) Carrie Land, City Secretary City of Anna, Texas EXHIBIT A PRELIMINARY LIMITED OFFERING MEMORANDUM Item No. 7.a. City Council Agenda Staff Report Meeting Date: 3/10/2026 Staff Contact: Joseph Cotton AGENDA ITEM: Conduct a Public Hearing regarding the creation of Liberty Hills Public Improvement District No. 1 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. 1 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 Public Works Joseph Cotton) SUMMARY: The Liberty Hills Development agreement was approved by council in a prior City Council Meeting. The following item is the last item required to create the Public Improvement District #1 for the Liberty Hills Project per the DA. FINANCIAL IMPACT: BACKGROUND: The Development Agreement for Liberty Hills requires that the City support the formation of Public Improvement Districts over a large portion of this property. The item fulfills that commitment. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Vibrant. ATTACHMENTS: 1. Resolution Creating Liberty Hills PID No. 1 v1 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 March 10, 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 REGARDING THE CREATION OF THE LIBERTY HILLS PUBLIC IMPROVEMENT DISTRICT NO. 1 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. 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. Signature Page to a Certificate for A RESOLUTION REGARDING THE CREATION OF THE LIBERTY HILLS PUBLIC IMPROVEMENT DISTRICT NO. 1 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. 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 MARCH 10, 2026. ATTEST: ___________________________________ Pete Cain, Mayor ___________________________________ Carrie L. Land, City Secretary (SEAL) CITY OF ANNA, TEXAS RESOLUTION NO. 2026-03-____ A RESOLUTION REGARDING THE CREATION OF THE LIBERTY HILLS PUBLIC IMPROVEMENT DISTRICT NO. 1 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. WHEREAS, the City of Anna, Texas (the "City") is authorized by Chapter 372, Texas Local Government Code, as amended (the "Act") to create a public improvement district and to levy special assessments against property within the district to pay the costs of public improvement projects that confer a special benefit on property within the district; WHEREAS, on August 27, 2025, there was submitted to and filed with the City Secretary of the City (the “City Secretary”) pursuant to the Act that certain "Petition to Establish Liberty Hills Public Improvement District No. 1" (the "Petition") requesting the establishment of a public improvement district covering approximately 139.983 acres located within the corporate limits of the City, as described in the Petition and Exhibit A attached hereto (the “Property”), and to be known as the "Liberty Hills Public Improvement District No. 1" (the "District"); WHEREAS, the City Council of the City (the "City Council") received the Petition and determined that it satisfied the requirements of the Act; WHEREAS, after providing the notices required by the Act and by the Texas Open Meetings Act, Chapter 551, Texas Government Code, as amended, the City Council opened and conducted a public hearing on March 10, 2026, to determine the advisability of creating and establishing the District and undertaking the public improvement projects described in the Petition; WHEREAS, all owners of the Property located within the District and all other interested persons were given the opportunity at such public hearing to speak for or against the creation of the District and the proposed public improvements; and WHEREAS, the City Council has made findings based on the information contained in the Petition presented to the City Council and any comments received at the public hearing. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS: Section 1. The City Council hereby approves the statements contained in the preamble of this Resolution and finds that all statements are true and correct and incorporate the same in the body of this Resolution. Section 2. The City Council, after considering the Petition and the evidence and testimony presented at the public hearing, hereby finds and determines that: (a) the Petition was filed with the City Secretary and was signed by owners of taxable real property representing more than fifty percent (50%) of the appraised value of taxable real property liable for assessment under the proposal, as determined by the current appraisal roll of the appraisal district in which the property is located, and by the record owners of real property liable for assessment under the proposal who own taxable real property that constitutes more than fifty percent (50%) of the area of all real property that is liable for assessment under the proposal; (b) the proposed public improvements described in the Petition are of the nature of the public improvements described in Section 372.003 of the Act and are advisable and desirable improvements for the District; (c) the proposed public improvements will promote the interests of the City and are of the nature that will confer a special benefit on the Property within the District by enhancing the value of such Property located within the District; (d) the general nature of the proposed public improvements and estimated costs thereof are set forth and described in Exhibit B attached hereto and made a part hereof for all purposes; (e) the boundaries of the District include all of the Property that is set forth and described in Exhibit A attached hereto and made a part hereof for all purposes; (f) the assessment of costs of the proposed improvements will be levied on each parcel of property within the District in a manner that results in imposing equal shares of the costs on property similarly benefitted; (g) the costs of the improvements shall be apportioned between the District and City such that all such costs are paid from the assessments levied on the Property within the District and other sources available to the owners and developers of the Property within the District, as further described in Exhibit B; and (h) the District shall be managed without the creation of an advisory body. Section 3. Based on the foregoing, the District is hereby created as a public improvement district under the Act in accordance with the findings of the City Council as to the advisability of the public improvements described in Exhibit B, the nature and the estimated costs of the public improvements, the boundaries of the District, the method of assessment, and the apportionment of costs as described herein, which are authorized to be made in accordance with the service and assessment plan to be approved by the City Council. Section 4. The City Council hereby authorizes and directs the City Secretary, on or before March 17, 2026, in accordance with the Act, to file this Resolution with the County Clerk of Collin County, Texas. Section 5. If any section, article, paragraph, sentence, clause, phrase or word in this resolution or application thereof to any persons or circumstances is held invalid or unconstitutional by a court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this resolution; and the City Council hereby declares it would have passed such remaining portions of the resolution despite such invalidity, which remaining portions shall remain in full force and effect. Section 6. This Resolution has been approved by majority vote of all members of the City Council and constitutes the improvement order establishing and creating the District in accordance with the Act. Section 7. This Resolution shall take effect immediately from and after the date of its passage in accordance with law. 2 PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THIS 10TH DAY OF MARCH, 2026. Pete Cain, Mayor ATTEST: Carrie L. Land, City Secretary EXHIBIT A LEGAL DESCRIPTION OF THE PROPERTY EXHIBIT B PROPOSED IMPROVEMENTS AND ESTIMATED COSTS Nature of the Authorized Improvements: The general nature of the proposed public improvements may include (a) acquisition, construction and improvements, and maintenance of the improvements, consisting of (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) payment of costs associated with operating and maintaining the public improvements listed in (i) through (v) above; (viii) payment of costs of establishing, administering, and operating the District, as well as the interest, costs of issuance, reserve funds, or credit enhancement of bonds issued for the purposes described in (i) through (viii) above (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. Estimated Costs of the Authorized Improvements and Apportionment of Costs: The estimated total costs of the Authorized Improvements is $44,000,000.00, which costs shall be paid by assessment of the property owners within the proposed District. The City will not be obligated to provide any funds to finance the Authorized Improvements, other than from assessments levied on the Property. The developer of the property (the “Developer”) may also pay certain costs of the Authorized Improvements from other funds available to the Developer.