HomeMy WebLinkAboutOrd 1193-2026-03 Approval of Service and Assessment Plan and Roll for Hurricane Creek PID Area #3HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 0
AUSTIN, TX | NORTH RICHLAND HILLS, TX | HOUSTON, TX
AUSTIN, TX | NORTH RICHLAND HILLS, TX | HOUSTON, TX
Hurricane Creek
Public Improvement District
2026 AMENDED & RESTATED SERVICE AND ASSESSMENT PLAN
MARCH 24, 2026
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
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 ................................................................................................................... 16
Section III: Authorized Improvements .......................................................................................... 16
Section IV: Service Plan ................................................................................................................. 20
Section V: Assessment Plan .......................................................................................................... 21
Section VI: Terms of the Assessments .......................................................................................... 28
Section VII: Assessment Roll ......................................................................................................... 34
Section VIII: Additional Provisions ................................................................................................ 35
Section IX: Additional Information................................................................................................ 36
Exhibits .......................................................................................................................................... 44
Appendices .................................................................................................................................... 45
Exhibit A-1 – Map of District ......................................................................................................... 46
Exhibit A-2 – Map of Improvement Area #1 ................................................................................. 47
Exhibit A-3 – Map of Major Improvement Area ........................................................................... 48
Exhibit A-4 – Map of Improvement Area #2 ................................................................................. 49
Exhibit A-5 - Map of Improvement Area #3 .................................................................................. 50
Exhibit A-6 – Lot Type Classification Map ..................................................................................... 51
Exhibit B – Project Costs ............................................................................................................... 52
Exhibit C – Service Plan ................................................................................................................. 53
Exhibit D – Sources and Uses of Funds ......................................................................................... 54
Exhibit E – Maximum Assessment and Tax Rate Equivalent ........................................................ 55
Exhibit F – TIRZ No. 2 Maximum Annual Credit Amount .............................................................. 56
Exhibit G-1 – Improvement Area #1 Assessment Roll .................................................................. 57
Exhibit G-2 – Improvement Area #1 Annual Installments ............................................................ 63
Exhibit H-1 – Major Improvement Area Assessment Roll ............................................................ 64
Exhibit H-2 – Major Improvement Area Annual Installments ...................................................... 74
Exhibit I-1 – Improvement Area #2 Assessment Roll .................................................................... 75
Exhibit I-2 – Improvement Area #2 Annual Installments .............................................................. 85
Exhibit J-1 – Improvement Area #3 Assessment Roll ................................................................... 86
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Exhibit J-2 - Improvement Area #3 Annual Installments .............................................................. 87
Exhibit K-1 – Maps of Improvement Area #1 Improvements ....................................................... 87
Exhibit K-2 – Maps of Major Improvements ................................................................................. 92
Exhibit K-3 – Maps of Improvement Area #2 Improvements ....................................................... 97
Exhibit K-4 – Maps of Improvement Area #3 Improvements ..................................................... 101
Exhibit L – Form of Notice of PID Assessment Termination ....................................................... 105
Exhibit M-1 – Debt Service Schedule for Improvement Area #1 Bonds ..................................... 108
Exhibit M-2 – Debt Service Schedule for Major Improvement Area Bonds ............................... 109
Exhibit M-3 – Debt Service Schedule for Improvement Area #2 Bonds ..................................... 110
Exhibit M-4 – Debt Service Schedule for Improvement Area #3 Bonds ..................................... 112
Exhibit N-1 – District Legal Description....................................................................................... 113
Exhibit N-2 – Improvement Area #1 Legal Description .............................................................. 114
Exhibit N-3 – Major Improvement Area Legal Description ......................................................... 117
Exhibit N-4 – Improvement Area #2 Legal Description .............................................................. 121
Exhibit N-5 - Improvement Area #3 Legal Description ............................................................... 128
Appendix A - Improvement Area #3 Engineer's Report.............................................................. 138
Appendix B – Buyer Disclosures .................................................................................................. 150
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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”, “Exhibit” or
an “Appendix” shall be a reference to a Section of this 2026 Amended and Restated Service and
Assessment Plan or an Exhibit or Appendix attached to and made a part of this 2026 Amended
and Restated Service and Assessment Plan for all purposes.
On November 13, 2018, the City passed and approved Resolution No. 2018-11-506 authorizing
the establishment of the District in accordance with the PID Act, 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 368.2
acres located within the City, as described by metes and bounds on Exhibit N-1 and depicted on
Exhibit A-1.
On March 12, 2019, the City Council approved the 2019 Service and Assessment Plan for the
District by adopting the 2019 Assessment Ordinance, which approved the levy of Assessments
on Assessed Property within Improvement Area #1 and the Major Improvement Area of the
District and approved the Improvement Area #1 Assessment Roll and the Major Improvement
Area Assessment Roll.
On July 28, 2020, the City Council adopted Resolution No. 2020-07-763 approving the 2020
Annual Service Plan Update for the District. The 202 0 Annual Service Plan Update updated the
Assessment Rolls for 2020.
On July 27, 2021, the City Council approved Ordinance No. 929-2021 approving the 2021 Annual
Service Plan Update for the District. The 2021 Annual Service Plan Update updated the
Assessment Rolls for 2021.
On July 26, 2022, the City Council approved Ordinance No. 985-2022 approving the 2022 Annual
Service Plan Update for the District. The 2022 Annual Service Plan Update updated Assessment
Rolls for 2022.
On December 13, 2022, the City Council approved Ordinance No. 1025-2022 approving the 2022
Amended and Restated Service and Assessment Plan for the District by adopting the 2022
Assessment Ordinance, which serves to amend and restate the 2019 Service and Assessment
Plan, including all previously approved Annual Service Plan Updates (including the 2020 Annual
Service Plan Update, 2021 Annual Service Plan Update, and 2022 Annual Service Plan Update), in
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its entirety for the purposes of (1) identifying the Improvement Area #2 Improvements, (2)
levying the Improvement Area #2 Assessment, (3) incorporating provisions relating to the City’s
issuance of the Improvement Area #2 Bonds and (3) updating the Assessment Rolls.
On December 13, 2022, the City Council adopted Ordinance No. 1026-2022, which approved the
issuance of the Improvement Area #2 Bonds.
On July 25, 2023, the City Council approved Ordinance No. 1060-2023-07 approving the 2023
Annual Service Plan Update for the District. The 2023 Annual Service Plan Update updated
Assessment Rolls for 2023.
On August 27, 2024, the City Council approved Ordinance No. 1113-2024-08 approving the 2024
Annual Service Plan Update for the District. The 2024 Annual Service Plan Update updated
Assessment Rolls for 2024.
On July 22, 2025, the City Council approved Ordinance No. 1156-2025-07 approving the 2025
Annual Service Plan Update for the District. The 2025 Annual Service Plan Update updated
Assessment Rolls for 2025.
This 2026 Amended and Restated Service and Assessment Plan serves to amend and restate the
2022 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 Improvement Area #2 Assessment Roll; (3) updating
the Major Improvement Area Assessment Roll; (4) identifying the costs of the Improvement Area
#3 Improvements; (5) identifying the indebtedness to be incurred for the Improvement Area #3
Improvements, and the manner of assessing the Improvement Area #3 Assessed Property for the
costs of the Improvement Area #3 Improvements; (6) levying the Improvement Area #3
Assessment for the Improvement Area #3 Assessed Property; and (7) approving the Improvement
Area #3 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.
The PID Act requires that the Service Plan include an assessment plan that assesses the Actual
Costs of the Authorized Improvements against Assessed Property within the District based on the
special benefits conferred on such property by the Authorized Imp rovements. 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. The Assessment against each Assessed Property
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must be sufficient to pay the share of the Actual Costs apportioned to the Assessed Property and
cannot exceed the special benefit conferred on the Assessed Property by the Authorized
Improvements. The updated Improvement Area #1 Assessment Roll is contained in Exhibit G-1.
The updated Major Improvement Area Assessment Roll is contained in Exhibit H-1. The
Improvement Area #2 Assessment Roll is contained in Exhibit I-1. The Improvement Area #3
Assessment Roll is contained in Exhibit J-1.
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SECTION I: DEFINITIONS
“2019 Assessment Ordinance” means Ordinance No. 807-2019, approved and adopted by the
City Council on March 12, 2019, which levied the Improvement Area #1 Assessment against
Improvement Area #1, and the Major Improvement Area Assessment against the Major
Improvement Area.
“2019 Service and Assessment Plan” means the Hurricane Creek Public Improvement District
Service and Assessment Plan approved by City Council on March 12, 2019 by the 2019
Assessment Ordinance, as updated annually, which was replaced in its entirety by the 2022
Amended and Restated Service and Assessment Plan.
“2020 Annual Service Plan Update” means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 28, 2020.
“2021 Annual Service Plan Update” means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 27, 2021.
“2022 Amended and Restated Service and Assessment Plan” means the 2022 Amended and
Restated Service and Assessment Plan approved by City Council on December 13, 2022 which
served to amend and restate the 2019 Service and Assessment Plan (as updated by the 2020
Annual Service Plan Update, 2021 Service Plan Update and 2022 Annual Service Plan Update),
and which was replaced in its entirety by this 2026 Amended and Restated Service and
Assessment Plan.
“2022 Annual Service Plan Update” means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 26, 2022.
“2022 Assessment Ordinance” means Ordinance No. 1025-2022 approved and adopted by the
City Council on December 13, 2022, which levied the Improvement Area #2 Assessment against
Improvement Area #2.
“2023 Annual Service Plan Update” means the Annual Service Plan Update to the 2022 Amended
and Restated Service and Assessment Plan approved by City Council on July 25, 2023.
“2024 Annual Service Plan Update” means the Annual Service Plan Update to the 2022 Amended
and Restated Service and Assessment Plan approved by City Council on August 27, 2024.
“2025 Annual Service Plan Update” means the Annual Service Plan Update to the 2022 Amended
and Restated Service and Assessment Plan approved by City Council on July 22, 2025.
“2026 Amended and Restated Service and Assessment Plan” means this 2026 Amended and
Restated Service and Assessment Plan, as updated, amended, or supplemented from time to
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time, which serves to amend and restate the 2022 Amended and Restated Service and
Assessment Plan in its entirety and any and all prior Annual Service Plan Updates .
“2026 Assessment Ordinance” means the Ordinance No.___________ approved and adopted by
the City Council on March 24, 2026, which levied the Improvement Area #3 Assessment against
Improvement Area #3.
“Actual Costs” mean with respect to Authorized Improvements, the Developer’s demonstrated,
reasonable, allocable, and allowable costs of constructing such Authorized Improvements, as
specified in a payment request in a form that has been reviewed and approved by the City. Actual
Costs may include: (1) the costs incurred by or on behalf of the Developer (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) construction management fees; (4) the costs incurred by or on behalf of the
Developer for external professional costs, such as engineering, geotechnical, surveying, land
planning, architectural landscapers, appraisals, legal, accounting, and similar professional
services; (5) 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; (6) all related permitting and public approval expenses,
architectural, engineering, and consulting fees, taxes, and governmental fees and charges.
“Additional Interest” means the amount collected by application of the Additional Interest Rate.
“Additional Interest Rate” means the up to 0.50% Additional Interest charged on Assessments
pursuant to Section 372.018 of the PID Act.
“Administrator” means the City, or independent firm designated by the City who shall have the
responsibilities provided in this 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
creation and operation of the District, the issuance and sale of PID Bonds, and the construction,
operation, and maintenance of the Authorized Improvements, including, but not limited to, costs
and expenses for: (1) the Administrator and City staff; (2) legal counsel, engineers, accountants,
financial advisors, and other consultants engaged by the City; (3) calculating, collecting, and
maintaining records with respect to Assessments and Annual Installments, including the costs of
foreclosure; (4) preparing and maintaining records with respect to Assessment Rolls and Annual
Service Plan Updates; (5) issuing, paying, and redeeming PID Bonds; (6) investing or depositing
Assessments and Annual Installments; (7) complying with this 2026 Amended and Restated
Service and Assessment Plan and the PID Act with respect to the issuance and sale of PID Bonds,
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including continuing disclosure requirements; and (8) 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 on the 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, as 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 (including interest thereon) levied against a Parcel 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 or
reduction according to the provisions herein and in the PID Act.
“Assessment Ordinance” means an ordinance adopted by the City Council in accordance with
the PID Act that levies an Assessment on the Assessed Property, as shown on any Assessment
Roll.
“Assessment Plan” means the methodology employed to assess the Actual Costs of the
Authorized Improvements against the District based on the special benefits conferred on the
District by the Authorized Improvements, more specifically described in Section V.
“Assessment Roll” means any assessment roll for the Assessed Property, including the
Improvement Area #1 Assessment Roll, Improvement Area #2 Assessment Roll, Improvement
Area #3 Assessment Roll, and 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 in any Annual
Service Plan Update.
“Authorized Improvements” means the improvements authorized by Section 372.003 of the PID
Act, as described in Section III, as further depicted on Exhibit K-1, Exhibit K-2, Exhibit K-3, and
Exhibit K-4.
“Bond Issuance Costs” means the costs associated with issuing PID Bonds, including but not
limited to attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs,
publication costs, City costs, capitalized interest, reserve fund requirements, underw riter
discount, fees charged by the Texas Attorney General, and any other cost or expense directly
associated with the issuance of PID Bonds.
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“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 of the lien 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 to the extent permitted by
law, but excluding amounts representing interest and penalty interest.
“Developer” means CADG Hurricane Creek, LLC, a Texas limited liability company, and any
successor developer of property in the District or any portion thereof.
“District” means the Hurricane Creek Public Improvement District containing approximately
368.2 acres located within the City, as generally depicted on Exhibit A-1, and described on Exhibit
N-1.
“District Formation Costs” means costs related to the formation of the District and the levy of
Assessments including attorney fees, financial consultant fees, and other fees.
“Engineer’s Report” means a report provided by a licensed professional engineer that describes
the Authorized Improvements, including their costs, location, and benefit . The Engineer’s Report
for Improvement Area #3 is attached hereto as Appendix A.
“Estimated Buildout Value” means the estimated value of an Assessed Property with fully
constructed buildings, as provided by the Developer, and confirmed by the City Council, by
considering such factors as density, lot size, proximity to amenities, view premiums, location,
market conditions, historical sales, builder contracts, discussions with homebuilders, reports
from third party consultants, or any other factors that, in the judgment of the City, may impact
value. The Estimated Buildout Value for each Lot Type is shown on Exhibit E.
“Improvement Area #1” means the initial area developed within the District as generally
depicted on Exhibit A-2, and described on Exhibit N-2, consisting of approximately 92.186 acres.
“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 related to Improvement Area #1;
and (4) Additional Interest related to the Improvement Area #1 Bonds, as shown on Exhibit G-2.
“Improvement Area #1 Assessed Property” means any Parcel within Improvement Area #1
against which an Improvement Area #1 Assessment is levied.
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“Improvement Area #1 Assessment” means the Assessment levied against Improvement Area
#1 Assessed Property, related to the Improvement Area #1 Projects, and imposed pursuant to
the 2019 Assessment Ordinance and the provisions herein, as shown on the Improvement Area
#1 Assessment Roll, subject to reallocation 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 Annual Service Plan Updates.
The Improvement Area #1 Assessment Roll is included in this 2026 Amended and Restated
Service and Assessment Plan as Exhibit G-1.
“Improvement Area #1 Bonds” means those certain “City of Anna, Texas Special Assessment
Revenue Bonds, Series 2019 (Hurricane Creek Public Improvement District Improvement Area #1
Project)” that are secured by Improvement Area #1 Assessments.
“Improvement Area #1 Improvements” means the Authorized Improvements which only benefit
the Improvement Area #1 Assessed Property, as further described in Section III.A and depicted
on Exhibit K-1.
“Improvement Area #1 Projects” means, collectively, (1) the pro rata portion of the Major
Improvements allocable to Improvement Area #1; (2) the Improvement Area #1 Improvements;
and (3) Bond Issuance Costs incurred in connection with the issuance of Improvement Area #1
Bonds.
“Improvement Area #2” means the second area to be developed within the District as generally
depicted on Exhibit A-4, and described on Exhibit N-4, consisting of approximately 69.1 acres.
“Improvement Area #2 Annual Installment” means the Annual Installment of the Improvement
Area #2 Assessment as calculated by the Administrator and approved by the City Council, that
includes: (1) principal; (2) interest; (3) Annual Collection Costs related to Improvement Area #2;
and (4) Additional Interest related to the Improvement Area #2 Bonds, as shown on Exhibit I-2.
“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 the Assessment levied against Improvement Area
#2 Assessed Property and imposed pursuant to the 2022 Assessment Ordinance and the
provisions herein, as shown on the Improvement Area #2 Assessment Roll, subject to reallocation
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
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the procedures set forth herein and in the PID Act, including 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 I-1.
“Improvement Area #2 Bonds” means those certain “City of Anna, Texas, Special Assessment
Revenue Bonds, Series 2022 (Hurricane Creek Public Improvement District Improvement Area #2
Projects)”, that are secured by Improvement Area #2 Assessments.
“Improvement Area #2 Improvements” means the Authorized Improvements which only benefit
the Improvement Area #2 Assessed Property as further described in Section III.C and depicted
on Exhibit K-3.
“Improvement Area #2 Projects” means collectively, (1) the Improvement Area #2
Improvements; and (2) Bond Issuance Costs incurred in connection with the issuance of
Improvement Area #2 Bonds.
“Improvement Area #3” means approximately 88.824 acres located within the District, as
depicted on Exhibit A-5 and described on Exhibit N-5.
“Improvement Area #3 Annual Installment” means the Annual Installment of the Improvement
Area #3 Assessment as calculated by the Administrator and approved by the City Council, that
includes: (1) principal; (2) interest; (3) Additional Interest related to the Improvement Area #3
Bonds; and (4) Annual Collection Costs related to Improvement Area #3, as shown on Exhibit J-
2.
“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 the Assessment levied against Improvement Area
#3 Assessed Property, related to the Improvement Area #3 Projects, and imposed pursuant to
the 2026 Assessment Ordinance and the provisions herein, as shown on the Improvement Area
#3 Assessment Roll, subject to reallocation 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 Annual Service Plan Updates.
The Improvement Area #3 Assessment Roll is included in this 2026 Amended and Restated
Service and Assessment Plan as Exhibit J-1.
“Improvement Area #3 Bonds” means those certain “City of Anna, Texas Special Assessment
Revenue Bonds, Series 2026 (Hurricane Creek Public Improvement District Improvement Area #3
Project)” that are secured by Improvement Area #3 Assessments.
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“Improvement Area #3 Improvements” means the Authorized Improvements which only benefit
the Improvement Area #3 Assessed Property, as further described in Section III.D and depicted
on Exhibit K-4.
“Improvement Area #3 Initial Parcels” means all of the Improvement Area #3 Assessed Property
against which the entire Improvement Area #3 Assessment is levied at the time of the 2026
Assessment Ordinance.
“Improvement Area #3 Projects” means, collectively, (1) the Improvement Area #3
Improvements; (2) Bond Issuance Costs incurred in connection with the issuance of Improvement
Area #3 Bonds; and (3) the first year’s Annual Collection Costs related to the Improvement Area
#3 Bonds.
“Indenture” means an Indenture of Trust entered into in connection with the issuance of each
series of PID Bonds, as amended from time to time, between the City and a Bond Trustee setting
forth terms and conditions related to a series of PID Bonds.
“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 wh ich 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
provided by the Developer, and confirmed by the City Council, as shown on Exhibit E.
“Lot Type 1” means a Lot within Improvement Area #1 generally marketed to homebuilders as a
70’. The buyer disclosure for Lot Type 1 is attached in Appendix B.
“Lot Type 2” means a Lot within Improvement Area #1 generally marketed to homebuilders as a
80’ Lot. The buyer disclosure for Lot Type 2 is attached in Appendix B.
“Lot Type 3” means a Lot within Improvement Area #2 generally marketed to homebuilders as a
40’ Lot. The buyer disclosure for Lot Type 3 is attached in Appendix B.
“Lot Type 4” means a Lot within Improvement Area #2 generally marketed to homebuilders as a
50’ Lot. The buyer disclosure for Lot Type 4 is attached in Appendix B.
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“Lot Type 5” means a Lot within Improvement Area #2 generally marketed to homebuilders as a
70’ Lot. The buyer disclosure for Lot Type 5 is attached in Appendix B.
“Lot Type 6” means a Lot within Improvement Area #2 generally marketed to homebuilders as
an 80’ Lot. The buyer disclosure for Lot Type 6 is attached in Appendix B.
“Lot Type 7” means a Lot within Improvement Area #2 generally marketed to homebuilders as a
90’ Lot. The buyer disclosure for Lot Type 7 is attached in Appendix B.
“Lot Type 8” means a Lot within Improvement Area #3 generally marketed to homebuilders as a
40’ Lot. The buyer disclosure for Lot Type 8 is attached in Appendix B.
“Lot Type 9” means a Lot within Improvement Area #3 generally marketed to homebuilders as a
50’ Lot. The buyer disclosure for Lot Type 9 is attached in Appendix B.
“Lot Type 10” means a Lot within Improvement Area #3 generally marketed to homebuilders as
a 60’ Lot. The buyer disclosure for Lot Type 10 is attached in Appendix B.
“Major Improvement Area” means approximately 276.014 acres located within the District, as
described on Exhibit N-3 and generally depicted on Exhibit A-3. 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
Council that includes: (1) principal; (2) interest; (3) Annual Collection Costs related to the Major
Improvement Area; and (4) Additional Interest related to the Major Improvement Area Bonds, as
shown on Exhibit H-2.
“Major Improvement Area Assessed Property” means any Parcel within the Major Improvement
Area against which a Major Improvement Area Assessment is levied.
“Major Improvement Area Assessment” means the Assessment levied against the Major
Improvement Area Assessed Property and related to Major Improvement Area Projects and
imposed pursuant to the 2019 Assessment Ordinance and the provisions herein, as shown on the
Major Improvement Area Assessment Roll, subject to reallocation or reduction according to the
provision 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 H-1.
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“Major Improvement Area Projects” means collectively, (1) the Major Improvement Area
Projects; and (2) Bond Issuance Costs incurred in connection with the issuance of the Major
Improvement Area Bonds.
“Major Improvement Area Bonds” means those certain “City of Anna, Texas Special Assessment
Revenue Bonds, Series 2019 (Hurricane Creek Public Improvement District Major Improvement
Area Project)” that are secured by actual revenues received by or on behalf of the City from the
collection of the Major Improvement Area Assessment, or the Annual Installments thereof.
“Major Improvement Area Projects” means the pro rata portion of the Major Improvements
allocable to the Major Improvement Area.
“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.B and depicted
on Exhibit K-2.
“Maximum Assessment” means, for each Lot Type, an Assessment equal to the lesser of (1) the
amount calculated pursuant to Section VI.A, or (2) the amount shown on Exhibit E.
“Non-Benefited Property” means Parcels within the boundaries of the District that accrue no
special benefit from the Authorized Improvements as determined by the City Council.
“Parcel” or “Parcel(s)” means a specific property within the District identified by either a tax map
parcel identification number assigned by the Collin Central Appraisal District for real property tax
purposes, by legal description, or by lot and block number in a final subdivision plat recorded in
the Official Public Records of the County, or by any other means determined by the City.
“PID Act” means Chapter 372, Texas Local Government Code, as amended.
“PID Bonds” means any bonds issued by the City in one or more series and secured in whole or
in part by Assessments. This term is used in this 2026 Amended and Restated Service and
Assessment Plan to collectively refer to: (1) the Improvement Area #1 Bonds, (2) the Major
Improvement Area Bonds, (3) the Improvement Area #2 Bonds, and (4) the Improvement Area
#3 Bonds, including any bonds issued to refund these bonds.
“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.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 15
“Private Improvements” means improvements that are required to be constructed, or caused to
be constructed, by the Developer to deliver final lots and that are not Authorized Improvements.
Costs of Private Improvements will not be paid nor reimbursed through the collection of Annual
Installments, TIRZ No. 2 Revenues, or from the proceeds of PID Bonds.
“Service Plan” means the plan described in Section IV and covers a period of at least five years
and defines the annual indebtedness and projected costs of the Authorized Improvements .
“TIRZ No. 2” means Tax Increment Reinvestment Zone No. 2, City of Anna, Texas created by the
City pursuant to TIRZ Creation Ordinance No. 804-2019 on March 12, 2019.
"TIRZ No. 2 Annual Credit Amount" is defined in Section V.B, which amount shall not annually
exceed the TIRZ No. 2 Maximum Annual Credit Amount, and which shall be transferred from the
TIRZ No. 2 Fund to the applicable pledged revenue fund.
"TIRZ No. 2 Fund" means the tax increment fund created pursuant to the TIRZ No. 2 Ordinance
where TIRZ No. 2 Revenues are deposited annually.
“TIRZ No. 2 Maximum Annual Credit Amount” means for each Lot Type in Improvement Area
#1, the amount shown on Exhibit F.
“TIRZ No. 2 Creation Ordinance” means Ordinance No. 804-2019 adopted by the City Council on
March 12, 2019, approving the TIRZ No. 2 Project Plan and authorizing the use of TIRZ No. 2
Revenues for project costs under the Chapter 311, Texas Tax Code as amended.
“TIRZ No. 2 Project Plan” means the Tax Reinvestment Zone Number Two, City of Anna, Texas,
Project and Finance Plan, dated March 26, 2019.
“TIRZ No. 2 Revenues” mean, for each year during the term of TIRZ No. 2, the amounts which
are deposited in the TIRZ No. 2 Fund pursuant to the TIRZ No. 2 Ordinance, and the TIRZ No. 2
Project Plan.
“Trustee” means a trustee or successor trustee under an Indenture.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 16
SECTION II: THE DISTRICT
The District includes approximately 368.20 contiguous acres located within the City, as more
particularly described on Exhibit N-1, and depicted on Exhibit A-1. Development of the District is
anticipated to include approximately 895 single-family homes.
Improvement Area #1 includes approximately 92.186 contiguous acres located within the City,
described on Exhibit N-2, and depicted on Exhibit A-2. Development of Improvement Area #1
includes 220 single-family homes.
The Major Improvement Area comprises future development phases for the District, none of
which is within Improvement Area #1. The Major Improvement Area includes approximately
276.014 contiguous acres located within the City, as described on Exhibit N-3, and depicted on
Exhibit A-3. Development of the Major Improvement Area is anticipated to include
approximately 675 single-family homes. Improvement Area #2 and Improvement Area #3 are
wholly within the Major Improvement Area.
Improvement Area #2 is located wholly within the Major Improvement Area, and includes
approximately 69.1 acres as described on Exhibit N-4, and depicted on Exhibit A-4. Development
of Improvement Area #2 includes 340 single-family homes.
Improvement Area #3 is located wholly within the Major Improvement Area, and includes
approximately 88.824 acres as described on Exhibit N-5, and depicted on Exhibit A-5.
Development of Improvement Area #3 is anticipated to contain 335 single family homes.
SECTION III: AUTHORIZED IMPROVEMENTS
The City Council, based on information provided by the Developer and its engineer and reviewed
by the City staff and by third-party consultants retained by the City, has determined that the costs
described below are costs of Authorized Improvements, as defined by the PID Act, that confer a
special benefit on the Assessed Property. The budget for the Authorized Improvements is shown
on Exhibit B.
A. Improvement Area #1 Improvements
All Improvement Area #1 Improvements will be designed and constructed in accordance with
City standards and specifications and will be owned and operated by the City.
▪ Street Improvements
Improvements including subgrade stabilization (including lime treatment and
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 17
compaction), concrete and reinforcing steel for roadways, testing, handicapped ramps,
and street lights. All related earthwork, excavation, erosion control, retaining walls,
intersections, signage, lighting and re-vegetation of all disturbed areas within the right-
of-way are included. The street improvements will provide street access to each Lot
within Improvement Area #1.
▪ Water Improvements
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, testing, related earthwork, excavation, and erosion
control all necessary appurtenances required to provide water service to each Lot within
Improvement Area #1.
▪ Sanitary Sewer Improvements
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, testing, related earthwork, excavation, and erosion
control all necessary appurtenances required to provide wastewater service to each Lot
within Improvement Area #1.
▪ Storm Drainage Improvements
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, and erosion control necessary to provide sto rm
drainage for each Lot in Improvement Area #1.
B. Major Improvements
All Major Improvements will be designed and constructed in accordance with City standards and
specifications and will be owned and operated by the City.
▪ Street Improvements
Improvements include construction of perimeter road and thoroughfare improvements,
including related paving, drainage, curbs, gutters, sidewalks, retaining walls, signage, and
traffic control devices.
▪ Water Distribution System Improvements
Improvements consist of construction and installation of water lines, mains, pipes, valves
and appurtenances necessary for the water distribution system, as well as related testing,
trench safety and erosion protection, necessary to service the District.
▪ Sanitary Sewer Improvements
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 18
Improvements consist of construction and installation of pipes, service lines, manholes,
encasements and appurtenances necessary to provide sanitary sewer service to the
District.
▪ Storm Drainage Improvements
Improvements consist of reinforced concrete pipes, reinforced concrete boxes, and multi-
reinforced box culverts.
C. Improvement Area #2 Improvements
All Improvement Area #2 Improvements will be designed and constructed in accordance with
City standards and specifications and will be owned and operated by the City.
▪ Streets
Improvements including subgrade stabilization (including excavation), concrete and
reinforcing steel for roadways, testing, handicapped ramps, and street lights. All related
earthwork, excavation, erosion control, retaining walls, intersections, signage, lighting
and re-vegetation of all disturbed areas within the right -of-way are included. The street
improvements will provide street access to each Lot within Improvement Area #2.
▪ Water
Improvements including trench excavation and embedment, trench safety, PVC piping,
service connections, water mains, valves, fire hydrants, testing, earthwork, excavation,
and erosion control. These lines will include all necessary appurtenances to be full y
operational transmission lines extending water service to the limits of the Improvement
Area. The water improvements will provide water service to each Lot within
Improvement Area #2.
▪ Wastewater
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, sewer mains, testing, related earthwork, excavation, and
erosion control. These lines will include the necessary appurtenances to be fully
operational extending wastewater service to the limits of the Improvement Area. The
wastewater improvements will provide wastewater service to each Lot within
Improvement Area #2.
▪ Storm Drainage
Improvements including earthen channels, swales, curb and drop inlets, storm sewer
mains, RCP piping and boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls,
and testing as well as all related earthwork, excavation, and erosion control necessary to
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 19
provide storm water. The storm drainage improvements will provide storm drainage to
each Lot within Improvement Area #2.
▪ Soft Costs
Improvements including engineering and design, construction inspection fees,
geotechnical testing, governmental submittal fees, and 2% contractor completion bonds
for the Improvement Area #2 Improvements described above.
D. Improvement Area #3 Improvements
All Improvement Area #3 Improvements will be designed and constructed in accordance with
City standards and specifications and will be owned and operated by the City.
▪ Streets
Improvements including subgrade stabilization (including excavation), concrete and
reinforcing steel for roadways, testing, handicapped ramps, and street lights. All related
earthwork, excavation, erosion control, intersections, signage, lighting and re-vegetation
of all disturbed areas within the right-of-way are included. The street improvements will
provide street access to each Lot within Improvement Area #3.
▪ Water
Improvements including trench excavation and embedment, trench safety, PVC piping,
service connections, water mains, valves, fire hydrants, testing, earthwork, excavation,
and erosion control. These lines will include all necessary appurtenances to be full y
operational transmission lines extending water service to the limits of the Improvement
Area. The water improvements will provide water service to each Lot within
Improvement Area #3.
▪ Wastewater
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, sewer mains, testing, related earthwork, excavation, and
erosion control. These lines will include the necessary appurtenances to be fully
operational extending wastewater service to the limits of the Improvement Area. The
wastewater improvements will provide wastewater service to each Lot within
Improvement Area #3.
▪ Storm Drainage
Improvements including earthen channels, swales, curb and drop inlets, storm sewer
mains, RCP piping and boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls,
and testing as well as all related earthwork, excavation, and erosion control necessary to
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 20
provide storm water. The storm drainage improvements will provide storm drainage to
each Lot within Improvement Area #3.
▪ Soft Costs
Improvements including engineering and design, construction inspection fees,
geotechnical testing, district formation costs, and governmental submittal fees for the
Improvement Area #3 Improvements described above.
E. 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 plus a fee for underwriter’s counsel.
▪ Cost of Issuance
Includes costs associated with issuing PID Bonds, including but not limited to 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.
F. Other Costs
▪ Deposit to Administrative Fund
Includes District Annual Collection Costs for the first year immediately following the
issuance of a series of PID Bonds.
SECTION IV: SERVICE PLAN
The PID Act requires the Service Plan to cover a period of at least five years. The Service Plan is
required to define the annual projected costs and indebtedness for the Authorized
Improvements undertaken within the District during the five-year period. The Service Plan is also
required to include a copy of the notice form required by Section 5.014 of the Texas Property
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 21
Code, as amended. The Service Plan must be reviewed and updated in each Annual Service Plan
Update. Exhibit C summarizes the Service Plan for the District. Per the PID Act and 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.
Exhibit D summarizes the sources and uses of funds required to construct the Authorized
Improvements. The sources and uses of funds shown on Exhibit D shall be updated in an Annual
Service Plan Update.
SECTION V: ASSESSMENT PLAN
The PID Act allows the City Council to apportion the costs of the Authorized Improvements to the
Assessed Property based on the special benefit received from the Authorized Improvements. The
PID Act provides that such costs may be apportioned: (1) equally per front foot or square foot;
(2) according to the value of property as determined by the City Council, with or without regard
to improvements constructed on the property; or (3) in any other manner approved by the City
Council that results in imposing equal shares of such costs on property similarly benefited. The
PID Act further provides that the City Council may establish by ordinance or order reasonable
classifications and formulas for the apportionment of the cost between the City and the area to
be assessed and the methods of assessing the special benefits for various classes of
improvements.
This section of this 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
Improvements and provides the basis and justification for the determination that this special
benefit equals or exceeds the amount of the Assessments to be levied on the Assessed Property
for such Authorized Improvements.
The determination by the City Council of the assessment methodologies set forth below is the
result of the discretionary exercise by the City Council of its legislative authority and
governmental powers and is conclusive and binding on the Developer, and all future owners and
developers of the Assessed Property.
A. Assessment Methodology
Acting in its legislative capacity and based on information provided by the Developer and their
engineers and reviewed by the City staff and by third-party consultants retained by the City, the
City Council has determined the following:
▪ The costs of the Major Improvements were allocated between Improvement Area #1 and
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 22
the Major Improvement Area pro rata based on the ratio of the Estimated Buildout Value
of each Parcel designated as Major Improvement Area Assessed Property or
Improvement Area #1 Assessed Property to the Estimated Buildout Value of all Assessed
Property within the District at the time the 2019 Service and Assessment Plan was
approved. At that time, Improvement Area #1 was allocated 31.51% of the Major
Improvements, and the Major Improvement Area was allocated the remaining 68.49% of
the Major Improvements.
▪ The costs of the Major Improvement Area Projects were allocated 100% to Major
Improvement Area Assessed Property by spreading the entire Major Improvement Area
Assessment across all Major Improvement Area Assessed Property based on the ratio of
the Estimated Buildout Value of each Parcel designated as Major Improvement Area
Assessed Property to the Estimated Buildout Value of all Major Improvement Area
Assessed Property at the time the 2019 Service and Assessment Plan was approved.
▪ The costs of the Improvement Area #1 Projects were allocated 100% to Improvement
Area #1 Assessed Property by spreading the entire Improvement Area #1 Assessment
across all 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 2019 Service and Assessment Plan was approved.
▪ The costs of the Improvement Area #2 Projects were allocated 100% to Improvement
Area #2 Assessed Property by spreading the entire Improvement Area #2 Assessment
across all 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
the 2022 Amended and Restated Service and Assessment Plan was approved.
▪ The costs of the Improvement Area #3 Projects shall be allocated 100% to Improvement
Area #3 Assessed Property by spreading the entire Improvement Area #3 Assessment
across all 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.
B. Assessments
Assessments are levied on the Assessed Property according to the Improvement Area #1
Assessment Roll, attached hereto as Exhibit G-1, the Major Improvement Area Assessment Roll,
attached hereto as Exhibit H-1, the Improvement Area #2 Assessment Roll, attached hereto as
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 23
Exhibit I-1, and the Improvement Area #3 Assessment Roll attached hereto as Exhibit J-1. The
projected Annual Installments for Improvement Area #1 are shown on Exhibit G-2, the projected
Annual Installments for the Major Improvement Area are shown on Exhibit H-2, the projected
Annual Installments for Improvement Area #2 are shown on Exhibit I-2, and the project Annual
Installments for Improvement Area #3 are shown on Exhibit J-2, subject to revisions made in any
Annual Service Plan Update. Upon division or subdivision of the Improvement Area #3 Initial
parcels, the Improvement Area #3 Assessment, and the Major Improvement Area Assessment
will be reallocated pursuant to Section VI.
The Maximum Assessment for each Lot Type within Improvement Area #1, Improvement Area
#2, Improvement Area #3, and Major Improvement Area is shown on Exhibit E. In no case will
the Assessment for Lot Type 1, Lot Type 2, Lot Type 3, Lot Type 4, Lot Type 5, Lot Type 6, Lot Type
7, Lot Type 8, Lot Type 9, or Lot Type 10 exceed the corresponding Maximum Assessment.
C. Findings of Special Benefit
Acting in its legislative capacity based on information provided by the Developer and their
engineers and reviewed by City staff and by third-party consultants retained by the City, the City
Council has found and determined:
1. Improvement Area #1 Assessments
a. The costs of the Improvement Area #1 Projects were equal to $8,384,413 as
shown on Exhibit B; and
b. The Improvement Area #1 Assessed Property received special benefit from the
Improvement Area #1 Projects equal to or greater than the Actual Cost of the
Improvement Area #1 Projects; and
c. With the adoption of the 2019 Assessment Ordinance, the Improvement Area #1
Assessed Property was allocated 100% of the Improvement Area #1 Assessment
levied for the Improvement Area #1 Projects, which equaled $7,375,000 and is
currently outstanding in the amount of $6,655,000, as shown on the Improvement
Area #1 Assessment Roll attached hereto as Exhibit G-1; and
d. The special benefit ( $8,384,413) received by the Improvement Area #1 Assessed
Property from the Improvement Area #1 Projects was equal to or greater than the
amount of the Improvement Area #1 Assessment ($7,375,000) levied on the
Improvement Area #1 Assessed Property for the Improvement Area #1 Projects;
and
e. At the time the City Council approved the 2019 Assessment Ordinance, the
Developer owned 100% of the Improvement Area #1 Assessed Property. The
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 24
Developer acknowledged that the Improvement Area #1 Projects conferred 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 Developer ratified, confirmed, accepted, agreed to, and
approved: (1) the determinations and findings by the City Council as to the special
benefits described and the 2019 Assessment Ordinance; (2) the 2019 Service and
Assessment Plan and the 2019 Assessment Ordinance; and (3) the levying of the
Improvement Area #1 Assessment on the Improvement Area #1 Initial parcel.
2. Major Improvement Area Assessments
a. The costs of the Major Improvement Area Projects were equal to $3,535,000 as
shown on Exhibit B; and
b. The Major Improvement Area Assessed Property received special benefit from the
Major Improvement Area Projects equal to or greater than the Actual Cost of the
Major Improvement Area Projects; and
c. With the adoption of the 2019 Assessment Ordinance, the Major Improvement
Area Assessed Property was allocated 100% of the Major Improvement Area
Assessment. The Major Improvement Area Assessment was levied on Major
Improvement Area Assessed Property for the Major Improvement Area Projects,
which equals $3,535,000 and is currently outstanding in the amount of
$3,225,000, as shown on the Major Improvement Area Assessment Roll attached
hereto as Exhibit H-1; and
d. The special benefit ( $3,535,000) received by the Major Improvement Area
Assessed Property from the Major Improvement Area Projects was equal to or
greater than the amount of the Major Improvement Area Assessment
($3,535,000) levied on the Major Improvement Area Assessed Property for the
Major Improvement Area Projects; and
e. At the time the City Council approved the 2019 Assessment Ordinance, the
Developer owned 100% of the Major Improvement Area Assessed Property. The
Developer acknowledged that the Major Improvement Area Projects conferred a
special benefit on the Major Improvement Area Initial parcel and consented to the
imposition of the Major Improvement Area Assessment to pay for the Actual Costs
associated therewith. The Developer ratified, confirmed, accepted, agreed to, and
approved: (1) the determinations and findings by the City Council as to the special
benefits described and the 2019 Assessment Ordinance; (2) the 2019 Service and
Assessment Plan and the 2019 Assessment Ordinance; and (3) the levying of the
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 25
Major Improvement Area Assessment on the Major Improvement Area Initial
parcel.
▪ Improvement Area #2 Assessments
▪ The costs of the Improvement Area #2 Projects equal $10,550,000 as shown on
Exhibit B; and
▪ 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
▪ With the adoption of the 2022 Assessment Ordinance, the Improvement Area #2
Assessed Property shall be allocated 100% of the Improvement Area #2
Assessment levied for the Improvement Area #2 Projects, which equal
$10,550,000 and is currently outstanding in the amount of $10,075,000, as shown
on the Improvement Area #2 Assessment Roll attached hereto as Exhibit I-1; and
▪ The special benefit ( $10,550,000) 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 ($10,550,000) levied
on the Improvement Area #2 Assessed Property for the Improvement Area #2
Projects; and
▪ At the time the City Council approved the 2022 Assessment Ordinance, the
Developer owned 100% of the Improvement Area #2 Assessed Property. The
Developer acknowledged that the Improvement Area #2 Improvements confer a
special benefit on the Improvement Area #2 Assessed Property and consented to
the imposition of the Improvement Area #2 Assessments to pay for the Actual
Costs associated therewith. The Developer ratified, confirmed, accepted, agreed
to, and approved: (1) the determinations and findings by the City Council as to the
special benefits described herein, and the 2022 Assessment Ordinance levying the
Improvement Area #2 Assessment; (2) the 2022 Amended and Restated Service
and Assessment Plan and the 2022 Assessment Ordinance levying the
Improvement Area #2 Assessment; and (3) the levying of the Improvement Area
#2 Assessments on the Improvement Area #2 Assessed Property.
▪ Improvement Area #3 Assessments
▪ The costs of the Improvement Area #3 Projects equal $13,590,000 as shown on
Exhibit B; and
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 26
▪ 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
▪ With the adoption of the 2026 Assessment Ordinance, the Improvement Area #3
Assessed Property shall be allocated 100% of the Improvement Area #3
Assessment levied for the Improvement Area #3 Projects, which equal
$13,590,000; and
▪ The special benefit ( $13,590,000) 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 ($13,590,000) levied
on the Improvement Area #3 Assessed Property for the Improvement Area #3
Projects; and
▪ At the time the City Council approved the 2026 Assessment Ordinance, the
Developer owned 100% of the Improvement Area #3 Assessed Property. The
Developer acknowledged that the Improvement Area #3 Improvements confer a
special benefit on the Improvement Area #3 Assessed Property and consented to
the imposition of the Improvement Area #3 Assessments to pay for the Actual
Costs associated therewith. The Developer ratified, confirmed, accepted, agreed
to, and approved: (1) the determinations and findings by the City Council as to the
special benefits described herein, and the 2026 Assessment Ordinance levying the
Improvement Area #3 Assessment; (2) this 2026 Amended and Restated Service
and Assessment Plan and the 2026 Assessment Ordinance levying the
Improvement Area #3 Assessment; and (3) the levying of the Improvement Area
#3 Assessments on the Improvement Area #3 Assessed Property.
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 As sessment Roll, which may
be revised based on Actual Costs incurred in Annual Service Plan Updates.
E. Additional Interest
The interest rate on Assessments securing each respective series of PID Bonds may exceed the
interest rate on each respective series of PID Bonds by the Additional Interest Rate. To the extent
required by any Indenture, Additional Interest shall be collect ed as part of each Annual
Installment and shall be deposited pursuant to the applicable Indenture.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 27
F. TIRZ No. 2 Annual Credit Amount
The City Council, in accordance with the Amended and Restated PID Reimbursement Agreement,
has agreed to use a portion of TIRZ No. 2 Revenues generated (the “TIRZ No. 2 Annual Credit
Amount”) from each Improvement Area #1 Assessed Property within the City’s corporate limits
to offset a portion of such property’s Improvement Area #1 Annual Installment of the
Improvement Area #1 Assessment, as applicable.
1. The Improvement Area #1 Annual Installment for an Improvement Area #1 Assessed Property
within the City’s corporate limits shall be reduced by the TIRZ No. 2 Annual Credit Amount
equal to the TIRZ No. 2 Revenue generated by the Assessed Property, on a Lot-by-Lot basis
for the previous Tax Year (i.e. TIRZ No. 2 Revenue collected from the Improvement Area #1
Assessed Property for Tax Year 2023 shall be applied as the TIRZ No. 2 Annual Credit Amount
applicable to such Improvement Area #1 Assessed Property’s Improvement Area #1 Annual
Installment, as applicable, to be collected in Tax Year 2024). In no event shall the TIRZ No. 2
Annual Credit Amount exceed the TIRZ No. 2 Maximum Annual Credit Amount shown in
Section V.F.2 as calculated on Exhibit F for each Lot of Assessed Property within Improvement
Area #1.
2. The TIRZ No. 2 Maximum Annual Credit Amount for an Improvement Area #1 Assessed
Property within the City’s corporate limits is calculated for each Lot Type, as shown on Exhibit
F. The TIRZ No. 2 Maximum Annual Credit Amount is calculated so that the Improvement Area
#1 Annual Installment minus the TIRZ No. 2 Maximum Annual Credit Amount for each Lot
Type produces a total equivalent tax rate for such Lot Type which does not exceed the
equivalent ad valorem tax rate, taking into consideration the tax rates of al l applicable
overlapping taxing units and the equivalent tax rate of the Improvement Area #1 Annual
Installment, as applicable, based on Estimated Buildout Values at the time the 2019
Assessment Ordinance was approved. The resulting TIRZ No. 2 Maximum Annual Credit
Amount for each applicable Lot Type within the Improvement Area #1 is shown on Exhibit F.
After the TIRZ No. 2 Annual Credit Amount is applied to provide a credit towards a portion of
the Improvement Area #1 Annual Installment for the Assessed Property within the City’s
corporate limits, any excess TIRZ No. 2 Revenues available from the TIRZ No. 2 Fund shall be
transferred from the TIRZ No. 2 Fund to the City, and shall not be available to offset the
applicable Annual Installment related to such Lot.
3. For the term of the Improvement Area #1 Bonds, TIRZ No. 2 Maximum Annual Credit Amount
may not be lowered even if the total equivalent tax rate on Improvement Area #1 increases
above or decreases below $3.07 per $100 of assessed value (inclusive of the equivalent tax
rate of the Improvement Area #1 Annual Installment, as applicable, and all overlapping taxing
jurisdictions) based on increases or decreases in the rates charged by taxing jurisdictions
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 28
other than the City, including the school and the county, for each Lot Type unless
Improvement Area #1 Assessments are lowered by a like amount.
SECTION VI: TERMS OF THE ASSESSMENTS
Any reallocation of Assessments as described in this Section VI shall be considered an
administrative action of the City and will not be subject to the notice or public hearing
requirements under the PID Act.
A. Reallocation of Assessment s
1. Upon Division Prior to Recording of Subdivision Plat
Upon the division of any Assessed Property (without the recording of a subdivision plat),
the Administrator shall reallocate the Assessment for the Assessed Property prior to the
division among the newly divided Assessed Properties according to the following formula:
A = B x (C ÷ D)
Where the terms have the following meanings:
A = the Assessment for the newly divided Assessed Property
B = the Assessment for the Assessed Property prior to division
C = the Estimated Buildout Value of the newly divided Assessed Property
D = the sum of the Estimated Buildout Value for all for the newly divided Assessed
Properties
The calculation of the Assessment of an Assessed Property shall be performed by the
Administrator and shall be based on the Estimated Buildout Value of that Assessed
Property, as provided by the Developer, relying on information from homebuilders,
market studies, appraisals, Official Public Records of the County, and any other relevant
information regarding the Assessed Property. 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, Lot Type 8, Lot
Type 9, and Lot Type 10 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
and binding.
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 Assess ment
for an Assessed Property that is a homestead under Texas law may not exceed the
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 29
Assessment prior to the reallocation. Any reallocation pursuant to this section shall be
reflected in the Annual Service Plan Update immediately following such reallocation.
2. Upon Subdivision by a Recorded Subdivision Plat
Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the
Administrator shall reallocate the Assessment for the Assessed Property prior to the
subdivision among the new subdivided Lots based on Estimated Buildout Value according
to the following formula:
A = [B x (C ÷ D)]/E
Where the terms have the following meanings:
A = the Assessment for the newly subdivided Lot
B = the Assessment for the Parcel prior to subdivision
C = the sum of the Estimated Buildout Value of all newly subdivided Lots with 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 Developer shall provide the City an
Estimated Buildout Value as of the date of the recorded subdivision plat for each Lot
created by the recorded subdivision plat. The calculation of the Assessment for a Lot shall
be performed by the Administrator and confirmed by the City Council based on Estimated
Buildout Value information provided by the Developer, homebuilders, third party
consultants, and/or the Official Public Records of the County regarding the Lot. 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, Lot Type 8, Lot Type 9, and Lot Type 10 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 and binding.
The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment
for the portion of the Assessed Property subdivided prior to subdivision. The calculation
shall be made separately for each newly subdivided Assessed Property. The reallocation
of an Assessment for an Assessed Property that is a homestead under Texas law may not
exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section
shall be reflected in the Annual Service Plan Update immediately following such
reallocation.
3. Upon Consolidation
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 30
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 approved by the
City Council in the next Annual Service Plan Update immediately following such
consolidation. The Assessment for any resulting Lot may not exceed the Maximum
Assessment for the applicable Lot Type and compliance may require a mandatory
prepayment of Assessments pursuant to Section VI.C.
B. Mandatory Prepayment of Assessments
If an Assessed Property or a portion thereof is conveyed to a party that is exempt from payment
of the Assessment under applicable law, or the owner causes a Lot, Parcel, or portion thereof to
become Non-Benefitted Property, the owner of such Lot, Parcel, or portion thereof shall pay to
the City or cause to be paid to the City the full amount of the Assessment, plus all Prepayment
Costs and Delinquent Collection Costs for such Assessed Property, prior to any such conveyance
or act, and no such conveyance shall be effective until the City receives such payment. Following
payment of the foregoing costs in full, the City shall provide the owner with a recordable “Notice
of Assessment Termination,” a form of which is attached hereto as Exhibit L.
C. True-Up of Assessments if Maximum Assessment Exceeded at Plat
Prior to the City approving a final subdivision plat, the Administrator will certify that such plat
will not result in the Assessment per Lot for any Lot Type to exceed the Maximum Assessment. If
the Administrator determines that the resulting Assessment per Lot for any Lot Type will exceed
the Maximum Assessment for that Lot Type, then (1) the Assessment applicable to each Lot Type
shall each be reduced to the Maximum Assessment, and (2) the person or entity filing the plat
shall pay to the City or cause to be paid to the City the amount the Assessment was reduced, plus
Prepayment Costs and Delinquent Collection Costs, if any, prior to the City approving the final
plat. The City’s approval of a plat without payment of such amounts does not eliminate the
obligation of the person or entity filing the plat to pay such amounts. At no time shall the
aggregate Assessments for any Lot exceed the Maximum Assessment.
D. Reduction of Assessments
If the Actual Costs of completed Authorized Improvements are less than the Assessments, then
(i) in the event PID Bonds have not been issued for the purpose of financing Authorized
Improvements affected by such reduction in Actual Costs, the City Council shall reduce each
Assessment, and the TIRZ No. 2 Annual Credit Amount, applicable only to Lots within
Improvement Area #1, 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
PID Bonds have been issued for the purpose of financing Authorized Improvements affected by
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 31
such reduction in Actual Costs, the Trustee shall apply amounts on deposit in the applicable
account of the project fund created under the Indenture relating to such series of PID Bonds as
directed by the City pursuant to the terms of such Indenture. Such excess PID Bond proceeds may
be used for any purpose authorized by such Indenture. The Assessments shall never be reduced
to an amount less than the amount required to pay all outstanding debt service requirements on
all outstanding PID Bonds.
The Administrator shall update (and submit to the City Council for review and approval as part of
the next Annual Service Plan Update) the Assessment Roll and corresponding Annual Installments
to reflect the reduced Assessments.
E. Prep ayment of Assessment s
The owner of any Assessed Property may 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.
F. Payment of Assessment in Annual Installments
Assessments that are not paid in full shall be due and payable in Annual Installments. Exhibit G-
2 shows the estimated Annual Installments for Improvement Area #1, Exhibit I-2 shows the
estimated Annual Installments for Improvement Area #2, Exhibit J-2 shows the estimated Annual
Installments for Improvement Area #3, and Exhibit H-2 shows the estimated Annual Installments
for the Major Improvement Area. Annual Installments are subject to adjustment in each Annual
Service Plan Update.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 32
Prior to the recording of a final subdivision plat, if any Parcel shown on the Assessment Roll is
assigned multiple tax parcel identification numbers for billing and collection purposes, the Annual
Installment shall be allocated pro rata based on the acrea ge of the property not including any
Non-Benefitted Property or non-assessed property, as shown by Collin Central Appraisal District
for each tax parcel identification number.
The Administrator shall prepare and submit to the City Council for its review and approval an
Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each
Annual Service Plan Update shall include updated Assessment Rolls and updated calculations of
Annual Installments. The Annual Collection Costs for a given Assessment shall be paid by the
owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment
remaining on the Parcel to the total outstanding Assessment. Annual Installments shall be
reduced by any credits applied under an applicable Indenture, such as capitalized interest,
interest earnings on account balances, and any other funds available to the Trustee for such
purposes. Annual Installments shall be collected by the City in the same manner and at the same
time as ad valorem taxes. Annual Installments shall be subject to the penalties, procedures, and
foreclosure sale in case of delinquencies as set forth in the PID Act and in the same manner as ad
valorem taxes due and owing to the City. To the extent permitted by the PID Act or other
applicable law, the City Council may provide for other means of collecting Annual Installments,
but in no case shall the City take any action, or fail to take any action, that would cause it to be
in default under any Indenture.
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 Administrator shall recalculate the Annual Installments
so that total Annual Installments will be sufficient to pay the refunding bonds, and the refunding
bonds shall constitute “PID Bonds.”
Each Annual Installment of an Assessment, including interest on the unpaid principal of the
Assessment, shall be updated annually. Each Annual Installment shall be due when billed and
shall be delinquent if not paid prior to February 1 of the following year.
G. Prepayment as a Result of an Eminent Domain Proceeding or Taking
Subject to applicable law, if any portion of any Parcel of Assessed Property is taken from an owner
as a result of eminent domain proceedings or if a transfer of any portion of any Parcel of Assessed
Property is made to an entity with the authority to condemn all or a portion of the Assessed
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 33
Property in lieu of or as a part of an eminent domain proceeding (a "Taking"), the portion of the
Assessed Property that was taken or transferred (the "Taken Property") shall be reclassified as
Non-Benefitted Property.
For the Assessed Property that is subject to the Taking as described in the preceding paragraph,
the Assessment that was levied against the Assessed Property (when it was included in the Taken
Property) prior to the Taking shall remain in force against the remaining Assessed Property (the
Assessed Property less the Taken Property) (the "Remaining Property") following the
reclassification of the Taken Property as Non-Benefitted Property, subject to an adjustment of
the Assessment applicable to the Remaining Property after any required Prepayment as set forth
below. The owner of the Remaining Property will remain liable to pay 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), s uch amount
shall be credited against the amount of Prepayment, with any remainder credited against the
Assessment on the Remaining Property.
In all instances the Assessment remaining on the Remaining Property shall not exceed the
applicable Maximum Assessment.
By way of illustration, if an owner owns 100 acres of Assessed Property subject to a $100
Assessment and 10 acres is taken through a Taking, the 10 acres of Taken Property shall be
reclassified as Non-Benefitted Property and the remaining 90 acres constituting the Remaining
Property shall be subject to the $100 Assessment (provided that this $100 Assessment does not
exceed the Maximum Assessment on the Remaining Property). If the Administrator determines
that the $100 Assessment reallocated to the Remaining Property would exceed the Maximum
Assessment, as applicable, on the Remaining Property by $10, then the owner shall be required
to pay $10 as a Prepayment of the Assessment against the Remaining Property and the
Assessment on the Remaining Property shall be adjusted to $90.
Notwithstanding the previous paragraphs in this subsection, if the owner of the Remaining
Property notifies the City and the Administrator that the Taking prevents the Remaining Property
from being developed for any use which could support the Estimated Buildout Value
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 34
requirement, the owner shall, upon receipt of the compensation for the Taken Property, be
required to prepay the amount of the Assessment required to buy down the outstanding
Assessment to the applicable Maximum Assessment on the Remaining Property to support the
Estimated Buildout Value requirement. The owner will remain liable to pay the Assessment on
both the Taken Property and the Remaining Property until such time that such Assessment has
been prepaid in full.
Notwithstanding the previous paragraphs in this subsection, the Assessments shall never be
reduced to an amount less than the amount required to pay all outstanding debt service
requirements on all outstanding PID Bonds.
SECTION VII: ASSESSMENT ROLL
The list of current Lots within the District, the corresponding total Assessments, and current
Annual Installment by Lot for Improvement Area #1, the Major Improvement Area, Improvement
Area #2, and Improvement Area #3 are shown on the Assessment Rolls attached hereto as Exhibit
G-1, Exhibit H-1, Exhibit I-1, and Exhibit J-1, respectively. The Lots shown on the Assessment Rolls
will receive the bills for the 2026 Annual Installments which will be delinquent if not paid by
January 31, 2027.
The Improvement Area #1 Assessment Roll is attached as Exhibit G-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the
Improvement Area #1 Assessment Roll and Improvement Area #1 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
The Major Improvement Area Assessment Roll is attached as Exhibit H-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the Major
Improvement Area Assessment Roll and Major Improvement Area Annual Installments for each
Parcel as part of each Annual Service Plan Update.
The Improvement Area #2 Assessment Roll is attached as Exhibit I-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the
Improvement Area #2 Assessment Roll and Improvement Area #2 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
The Improvement Area #3 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
Improvement Area #3 Assessment Roll and Improvement Area #3 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 35
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, the owner’s sole and exclusive
remedy shall be to submit a written notice of error to the Administrator by December 1st of each
year following City Council’s approval of the calculation. Otherwise, the owner shall be deemed
to have unconditionally approved and accepted the calculation. The Administrator shall provide
a written response to the City Council and the owner not later than 30 days after receipt of su ch
a written notice or error by the Administrator. The City Council shall consider the owner’s notice
of error and the Administrator’s response at a public meeting, and, not later than 30 days after
closing such meeting, the City Council shall make a final determination as to whether an error
has been made. If the City Council determines that an error has been made, the City Council shall
take such corrective action as is authorized by the PID Act, this 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.
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 Developer and their successors and assigns.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 36
D. Form of Buyer Disclosure; Filing in Real Property Records
Within seven days of approval by the City Council, the City Secretary shall file and record in the
real property records of the County the executed Assessment Ordinance approving this 2026
Amended and Restated Service and Assessment Plan. In addition, the City Secretary shall similarly
file each Annual Service Plan Update approved by the City Council, with each such filing to occur
within seven days of the date each respective Annual Service Plan Update is approved.
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.
SECTION IX: ADDITIONAL INFORMATION
The following information shall serve as the Annual Service Plan Update for Improvement Area
#1, Improvement Area #2, and the Major Improvement Area.
A. Parcel Subdivision
Improvement Area #1
The Final Plat of the Villages of Hurricane Creek Phase 1 was filed and recorded with the County
on October 15, 2020.
See the completed Lot Type classification summary within Improvement Area #1 below:
Improvement Area #2
The Final Plat of The Villages of Hurricane Creek Phase 1B was filed and recorded with the County
on August 11, 2023, and consists of 68 residential Lots and 5 Lots of Non-Benefited Property.
The Final Plat of The Villages of Hurricane Creek Phase 1 Lots 19R-23, 3X, 24X, Block K, a Replat
of Lots 19 & 1X, Block K of the Villages of Hurricane Creek was filed and recorded with the County
on August 11, 2023, and consists of 5 residential Lots and 2 Lots of Non-Benefited Property.
Lot Type Number of Lots
Lot Type 1 143
Lot Type 2 77
Total 220
Improvement Area #1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 37
The Final Plat of Phase 2 was filed and recorded with the County on August 11, 2023, and consists
of 267 residential Lots and 5 Lots of Non-Benefited Property.
See the completed Lot Type classification summary within Improvement Area #2 below:
B. Lot and Home Sales
Improvement Area #1
Per the Developer, the Lot ownership composition is provided below:
▪ Developer Owned:
o Lot Type 1: 0 Lots
o Lot Type 2: 0 Lots
▪ Homebuilder Owned:
o Lot Type 1: 0 Lots
o Lot Type 2: 0 Lots
▪ End-User Owner:
o Lot Type 1: 143 Lots
o Lot Type 2: 77 Lots
Improvement Area #2
Per the Quarterly Report dated December 30, 2025, the Lot ownership composition is provided
below:
▪ Developer Owned:
o Lot Type 3: 0 Lots
o Lot Type 4: 60 Lots
o Lot Type 5: 0 Lots
o Lot Type 6: 0 Lots
o Lot Type 7: 0 Lots
▪ Homebuilder Owned:
o Lot Type 3: 0 Lots
o Lot Type 4: 70 Lots
Lot Type Number of Lots
Lot Type 3 44
Lot Type 4 223
Lot Type 5 32
Lot Type 6 27
Lot Type 7 14
Total 340
Improvement Area #2
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 38
o Lot Type 5: 15 Lots
o Lot Type 6: 9 Lots
o Lot Type 7: 4 Lots
▪ End-User Owner:
o Lot Type 3: 44 Lots
o Lot Type 4: 93 Lots
o Lot Type 5: 17 Lots
o Lot Type 6: 18 Lots
o Lot Type 7: 10 Lots
C. TIRZ No. 2 Annual Credit Amount
The TIRZ No. 2 Annual Credit Amount will be determined as TIRZ No. 2 Revenues are generated
and will be reflected on a parcel-by-parcel basis and only be applied to offset a portion of the
principal and interest of such Parcel’s Annual Installment due 1/31/2027 as described in Section
V.G. Application of qualifying property tax exemptions may decrease or eliminate the amount of
the TIRZ No. 2 Annual Credit Amount on a parcel-by-parcel basis.
Improvement Area #1
The TIRZ No. 2 Annual Credit Amount shall only be applied to principal and interest component
of the Annual Installment, as further described in the A&R SAP. The Maximum TIRZ No. 2 Annual
Credit Amount for each Lot Type is shown below:
Application of qualifying property tax exemptions may decrease or eliminate the amount of the
TIRZ No. 2 Annual Credit Amount available on a parcel-by-parcel basis.
The resulting TIRZ No. 2 Annual Credit Amount by Parcel is included in the Assessment Roll
attached hereto as Exhibit A-1.
D. Annual Installment Due 1/3/2027
Improvement Area #1
• Principal and Interest - The total principal and interest required for the Improvement
Area #1 Annual Installment is $574,087.50.
Improvement Area #1
Lot Type 1 1,150.64$
Lot Type 2 1,315.55$
Lot Type
TIRZ No. 2 Maximum
Annual Credit
Amount
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 39
o TIRZ No. 2 Annual Credit Amount – The total TIRZ No. 2 Annual Credit Amount,
credited against the principal and interest required for the Annual Installment, is
to be determined.
• Additional Interest - Additional Interest is collected to fund the Delinquency and
Prepayment Reserve Account. The Delinquency and Prepayment Reserve Requirement,
as defined in the Improvement Area #1 Indenture, 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
of $33,275.00.
• 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 Improvement Area #1 is $27,299.56.
Please see the Limited Offering Memorandum for Improvement Area #1 for the pay period.
See Exhibit M-1 for the debt service schedule for the Improvement Area #1 PID Bonds as
shown in the Limited Offering Memorandum.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 40
Improvement Area #2
• Principal and Interest - The total principal and interest required for the Improvement
Area #2 Annual Installment is $765,910.00.
• Additional Interest - Additional Interest is collected to fund the Delinquency and
Prepayment Reserve Account. The Delinquency and Prepayment Reserve Requirement,
as defined in the Improvement Area #2 Indenture, 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 #2
of $50,375.00.
• 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 Improvement Area #2 is $43,856.42.
Please see the Limited Offering Memorandum for Improvement Area #2 for the pay period.
See Exhibit M-3 for the debt service schedule for the Improvement Area #2 PID Bonds as
shown in the Limited Offering Memorandum.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 41
Major Improvement Area
• Principal and Interest - The total principal and interest required for the Major
Improvement Area Annual Installment is $286,000.00.
• Additional Interest - The total Additional Interest Reserve Requirement, as defined in the
applicable Indenture, has not been met. As such, the Additional Interest Reserve Account
will be funded with Additional Interest on the outstanding Major Improvement Area
Assessment, resulting in an Additional Interest amount due of $16,125.00.
• Annual Collection Costs - The cost of administering the District and collecting the Major
Improvement Area Annual Installments shall be paid for on a pro rata basis by each Parcel
based on the amount of outstanding Major Improvement Area Assessment remaining on
the Parcel. The total Annual Collection Costs budgeted for the Major Improvement Area
Annual Installment is $15,597.25.
Please see the Limited Offering Memorandum for Improvement Area #2 for the pay period.
See Exhibit M-3 for the debt service schedule for the Improvement Area #2 PID Bonds as
shown in the Limited Offering Memorandum.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 42
E. Prepayment of Assessments in Full
Improvement Area #1
The following is a list of all Parcels or Lots that made a Prepayment in full within Improvement
Area #1.
Improvement Area #2
The following is a list of all Parcels or Lots that made a Prepayment in full within Improvement
Area #2.
Major Improvement Area
The following is a list of all Parcels or Lots that made a Prepayment in full within the Major
Improvement Area.
F. Partial Prepayment of Assessments
Improvement Area #1
The following is a list of all Parcels or Lots that made a partial prepayment within Improvement
Area #1.
Property ID Address Lot Type Prepayment Date
2822115 3208 Lakeshore Dr 2 2021-10-12
2822017 3032 Lakeshore Dr 1 2022-04-18
2821926 3012 Hardwood Ct 1 2023-02-28
2822044 3213 Rolling Meadow Dr 2 2023-02-27
2822108 3221 Creek Meadow Drive 2 2023-06-20
2822034 221 Wandering Way 1 2023-12-11
2822124 3240 Creek Meadow Dr 2 2024-03-21
Improvement Area #1
Property ID Address Lot Type Prepayment Date
2890229 3065 Burwick Ln 4 2024-11-08
Improvement Area #2
Property ID Address Lot Type Prepayment Date
2890229 3065 Burwick Ln 4 2024-11-08
Major Improvement Area
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 43
Improvement Area #2
No partial prepayments have occurred within Improvement Area #2.
Major Improvement Area
No partial prepayments have occurred within the Major Improvement Area.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 44
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
Exhibit A-3 Map of Major Improvement Area
Exhibit A-4 Map of Improvement Area #2
Exhibit A-5 Map of Improvement Area #3
Exhibit A-6 Lot Type Classification Map
Exhibit B Project Costs
Exhibit C Service Plan
Exhibit D Sources and Uses of Funds
Exhibit E Maximum Assessment and Tax Rate Equivalent
Exhibit F TIRZ No. 2 Maximum Annual Credit Amount
Exhibit G-1 Improvement Area #1 Assessment Roll
Exhibit G-2 Improvement Area #1 Annual Installments
Exhibit H-1 Major Improvement Area Assessment Roll
Exhibit H-2 Major Improvement Area Annual Installments
Exhibit I-1 Improvement Area #2 Assessment Roll
Exhibit I-2 Improvement Area #2 Annual Installments
Exhibit J-1 Improvement Area #3 Assessment Roll
Exhibit J-2 Improvement Area #3 Annual Installments
Exhibit K-1 Maps of Improvement Area #1 Improvements
Exhibit K-2 Maps of Major Improvements
Exhibit K-3 Maps of Improvement Area #2 Improvements
Exhibit K-4 Maps of Improvement Area #2 Improvements
Exhibit L Form of Notice of PID Assessment Termination
Exhibit M-1 Debt Service Schedule for Improvement Area #1 Bonds
Exhibit M-2 Debt Service Schedule for Major Improvement Area Bonds
Exhibit M-3 Debt Service Schedule for Improvement Area #2 Bonds
Exhibit M-4 Debt Service Schedule for Improvement Area #3 Bonds
Exhibit N-1 District Boundary Description
Exhibit N-2 Improvement Area #1 Boundary Description
Exhibit N-3 Major Improvement Area Boundary Description
Exhibit N-4 Improvement Area #2 Boundary Description
Exhibit N-5 Improvement Area #3 Boundary Description
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 45
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 Improvement Area #3 Engineer's Report
Appendix B Buyer Disclosures
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 46
EXHIBIT A-1 – MAP OF DISTRICT
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 47
EXHIBIT A-2 – MAP OF IMPROVEMENT AREA #1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 48
EXHIBIT A-3 – MAP OF MAJOR IMPROVEMENT AREA
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 49
EXHIBIT A-4 – MAP OF IMPROVEMENT AREA #2
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 50
EXHIBIT A-5 - MAP OF IMPROVEMENT AREA #3
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 51
EXHIBIT A-6 – LOT TYPE CLASSIFICATION MAP
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 52
EXHIBIT B – PROJECT COSTS
%Cost %Cost %Cost %Cost
Improvement Area #1 Improvements
Street 2,701,765$ -$ -$ 2,701,765$ 100.00%2,701,765$ 0.00%-$ 0.00%-$ 0.00%-$
Water 838,296 - - 838,296 100.00%838,296 0.00%- 0.00%- 0.00%-
Sanitary Sewer 714,688 - - 714,688 100.00%714,688 0.00%- 0.00%- 0.00%-
Developer District Formation Expenses 647,921 - - 647,921 100.00%647,921 0.00%- 0.00%- 0.00%-
Geotechnical testing, SWPPP, Flood Study 463,943 - - 463,943 100.00%463,943 0.00%- 0.00%- 0.00%-
5,366,613$ -$ -$ 5,366,613$ 5,366,613$ -$ -$ -$
Major Improvements
Street 1,400,925$ -$ - 1,400,925$ 31.51%441,430$ 68.49%959,495$ 0.00%-$ 0.00%-$
Water 380,448 58,856 - 321,592 31.51%101,333 68.49%220,259 0.00%- 0.00%-
Sanitary Sewer 1,217,218 169,891 - 1,047,327 31.51%330,012 68.49%717,315 0.00%- 0.00%-
Storm Drainage 597,350 - - 597,350 31.51%188,224 68.49%409,126 0.00%- 0.00%-
Street Lights/Hike & Bike Trail 148,984 - - 148,984 31.51%46,945 68.49%102,039 0.00%- 0.00%-
3,744,925$ 228,747$ -$ 3,516,178$ 1,107,944$ 2,408,234$ -$ -$
Improvement Area #2 Improvements [a]
Street 2,567,570$ -$ -$ 2,567,570$ 0.00%-$ 0.00%-$ 100.00%2,567,570$ 0.00%-$
Water 1,101,249 - - 1,101,249 0.00%- 0.00%- 100.00%1,101,249 0.00%-
Sanitary Sewer 1,223,558 - - 1,223,558 0.00%- 0.00%- 100.00%1,223,558 0.00%-
Storm Drainage 776,994 - - 776,994 0.00%- 0.00%- 100.00%776,994 0.00%-
Soft Costs 2,671,437 - - 2,671,437 0.00%- 0.00%- 100.00%2,671,437 0.00%-
8,340,808$ -$ -$ 8,340,808$ -$ -$ 8,340,808$ -$
Improvement Area #3 Improvements [b]
Street 3,995,904$ -$ -$ 3,995,904$ 0.00%-$ 0.00%-$ 0.00%-$ 100.00%3,995,904$
Water 1,788,340$ - - 1,788,340 0.00%- 0.00%- 0.00%- 100.00%1,788,340
Sanitary Sewer 2,638,751$ - - 2,638,751 0.00%- 0.00%- 0.00%- 100.00%2,638,751
Storm Drainage 1,085,859$ - - 1,085,859 0.00%- 0.00%- 0.00%- 100.00%1,085,859
District Formation 520,000$ - - 520,000 0.00%- 0.00%- 0.00%- 100.00%520,000
Soft Costs 878,290$ - - 878,290 0.00%- 0.00%- 0.00%- 100.00%878,290
10,907,145$ -$ -$ 10,907,145$ -$ -$ -$ 10,907,145$
Private Improvements
Private Improvements 3,368,431$ -$ 3,368,431$ -$ -$ -$ -$ -$
3,368,431$ -$ 3,368,431$ -$ -$ -$ -$ -$
Bond Issuance Costs [e]
Debt Service Reserve Fund 2,765,762$ -$ -$ 2,765,762$ 585,750$ 291,300$ 784,400$ 1,104,312$
Capitalized Interest 1,903,773 - - 1,903,773 670,445 490,705 411,481 331,143
Underwriter Discount[d]1,051,500 - - 1,084,915 221,250 106,050 316,500 407,700
Cost of Issuance 2,057,633 - - 2,057,633 397,411 203,711 656,811 799,700
7,778,669$ -$ -$ 7,812,084$ 1,874,855$ 1,091,766$ 2,169,192$ 2,642,855$
Other Costs [e]
Deposit to Administrative Fund 150,000$ -$ -$ -$ 35,000$ 35,000$ 40,000$ 40,000$
150,000$ -$ -$ -$ 35,000$ 35,000$ 40,000$ 40,000$
Total 39,656,591$ 228,747$ 3,368,431$ 35,942,828$ 8,384,413$ 3,535,000$ 10,550,000$ 13,590,000$
Footnotes:
Total Costs Non-PID
(Oversizing)
Private
Improvements[c]
District Eligible
Costs
[a] Costs were determined by the Improvement Area #2 Engineer's Report.
[b] Costs were determined by the Improvement Area #3 Engineer's Report attached hereto as Appendix A.
[c] Not reimburseable to the Developer through Assessments or the issuance of PID Bonds.
[d] Includes the fee of counsel to the Underwriter.
[e] Preliminary estimates only and subject to change upon the issuance of PID Bonds.
Improvement Area
#1
Major Improvement
Area
Improvement Area
#2
Improvement Area
#3
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 53
EXHIBIT C – SERVICE PLAN
Annual Installment Due 1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031
Principal $ 145,000.00 $ 155,000.00 $ 165,000.00 $ 170,000.00 $ 185,000.00
Interest $ 429,087.50 $ 420,750.00 $ 411,837.50 $ 402,350.00 $ 391,300.00
TIRZ No. 2 Annual Credit Amount[a] TBD - - - -
(1) $ 574,087.50 $ 575,750.00 $ 576,837.50 $ 572,350.00 $ 576,300.00
Additional Interest (2) $ 33,275.00 $ 32,550.00 $ 31,775.00 $ 30,950.00 $ 30,100.00
Annual Collection Costs (3) $ 27,299.56 $ 36,515.55 $ 37,245.86 $ 37,990.78 $ 38,750.60
Total Annual Installment (4) = (1) + (2) + (3) $ 634,662.06 $ 644,815.55 $ 645,858.36 $ 641,290.78 $ 645,150.60
Notes:
Annual Installment Due 1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031
Principal $ 175,000.00 $ 183,000.00 $ 193,000.00 $ 204,000.00 $ 216,000.00
Interest $ 590,910.00 $ 582,160.00 $ 573,010.00 $ 561,912.50 $ 550,182.50
(1) $ 765,910.00 $ 765,160.00 $ 766,010.00 $ 765,912.50 $ 766,182.50
Additional Interest (2) $ 50,375.00 $ 49,500.00 $ 48,585.00 $ 47,620.00 $ 46,600.00
Annual Collection Costs (3) $ 43,856.42 $ 51,119.76 $ 52,142.15 $ 53,185.00 $ 54,248.70
Total Annual Installment (4) = (1) + (2) + (3) $ 860,141.42 $ 865,779.76 $ 866,737.15 $ 866,717.50 $ 867,031.20
Improvement Area #1
Improvement Area #2
[a]Each year,the TIRZ No.2 Revenue generated by each Lot shall be applied to the principal and interest portion of the Improvement Area #1 Annual
Installment,up to the Maximum TIRZ No.2 Annual Credit Amout.The TIRZ No.2 Annual Credit Amount shall be updated each year in the Annual
Service Plan Update as TIRZ No. 2 Revenue is generated.
Annual Installment Due 1/31/2026 1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031
Principal $ - $ 144,000.00 $ 153,000.00 $ 163,000.00 $ 174,000.00 $ 187,000.00
Interest $ 331,143.00 $ 924,120.00 $ 914,328.00 $ 903,924.00 $ 892,840.00 $ 881,008.00
Capitalized Interest $ (331,143.00) $ - $ - $ - $ - $ -
(1) $ - $ 1,068,120.00 $ 1,067,328.00 $ 1,066,924.00 $ 1,066,840.00 $ 1,068,008.00
Additional Interest (2) $ - $ 67,950.00 $ 67,230.00 $ 66,465.00 $ 65,650.00 $ 64,780.00
Annual Collection Costs (3) $ - $ 40,000.00 $ 40,800.00 $ 41,616.00 $ 42,448.32 $ 43,297.29
Total Annual Installment (4) = (1) + (2) + (3) $ - $ 1,176,070.00 $ 1,175,358.00 $ 1,175,005.00 $ 1,174,938.32 $ 1,176,085.29
Improvement Area #3
Annual Installment Due 1/31/2027 1/31/2028 1/31/2029 1/31/2030 1/31/2031
Principal $ 70,000.00 $ 75,000.00 $ 80,000.00 $ 85,000.00 $ 90,000.00
Interest $ 216,000.00 $ 211,800.00 $ 207,300.00 $ 202,500.00 $ 196,762.50
(1) $ 286,000.00 $ 286,800.00 $ 287,300.00 $ 287,500.00 $ 286,762.50
Additional Interest (2) $ 16,125.00 $ 15,775.00 $ 15,400.00 $ 15,000.00 $ 14,575.00
Annual Collection Costs (3) $ 15,597.25 $ 24,579.20 $ 25,070.78 $ 25,572.19 $ 26,083.64
Total Annual Installment (4) = (1) + (2) + (3) $ 317,722.25 $ 327,154.20 $ 327,770.78 $ 328,072.19 $ 327,421.14
Major Improvement Area
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 54
EXHIBIT D – SOURCES AND USES OF FUNDS
Non-PID
Oversizing
Private
Improvements
Improvement
Area #1
Major
Improvement
Area
Improvement
Area #2
Improvement
Area #3 Total
Improvement Area #1 Bonds -$ -$ 7,375,000$ -$ -$ -$ 7,375,000$
Major Improvement Area Bonds - - - 3,535,000 - - 3,535,000
Improvement Area #2 Bonds - - - - 10,550,000 - 10,550,000
Improvement Area #3 Bonds - - - - - 13,590,000 13,590,000
Developer Contribution[a]- - 1,009,413 - - - 1,009,413
Developer Contribution - Private Improvements[a]228,747 3,368,431 - - - - 3,597,178
Total Sources 228,747$ 3,368,431$ 8,384,413$ 3,535,000$ 10,550,000$ 13,590,000$ 39,656,591$
Improvement Area #1 Improvements -$ -$ 5,366,613$ -$ -$ -$ 5,366,613
Improvement Area #2 Improvements - - - - 8,340,808 - 8,340,808
Improvement Area #3 Improvements - - - - - 10,907,144.55 10,907,145
Major Improvements 228,747 - 1,107,944 2,408,234 - - 3,744,925
Private Improvements - 3,368,431 - - - - 3,368,431
228,747$ 3,368,431$ 6,474,557$ 2,408,234$ 8,340,808$ 10,907,145$ 31,727,922$
Bond Issuance Costs [b]
Debt Service Reserve Fund -$ -$ 585,750$ 291,300$ 784,400$ 1,104,312$ 2,765,762$
Capitalized Interest - - 670,445 490,705 411,481 331,143 1,903,773
Underwriter Discount[c]- - 221,250 106,050 316,500 407,700 1,051,500
Cost of Issuance - - 397,411 203,711 656,811 799,700 2,057,633
-$ -$ 1,874,855$ 1,091,766$ 2,169,192$ 2,642,855$ 7,778,669$
Other Costs
Deposit to Administrative Fund -$ - 35,000$ 35,000$ 40,000$ 40,000$ 150,000$
-$ -$ 35,000$ 35,000$ 40,000$ 40,000$ 150,000$
Total Uses 228,747$ 3,368,431$ 8,384,413$ 3,535,000$ 10,550,000$ 13,590,000$ 39,656,591$
Footnotes:
[a] Non-reimbursable to Developer through PID Bonds or Assessments.
[b] Preliminary estimates only and subject to change upon the issuance of PID Bonds.
[c] Includes fee to counsel of the Underwriter.
Sources of Funds
Uses of Funds
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 55
EXHIBIT E – MAXIMUM ASSESSMENT AND TAX RATE EQUIVALENT
Per Unit Total Total Total Per Unit Total Per Unit Total
Improvement Area #1
Lot Type 1 143 307,000$ 43,901,000$ 4,119,123$ 2,782$ 397,787$ 28,805$ 4,119,123$ 0.9089$
Lot Type 2 77 351,000$ 27,027,000$ 2,535,877$ 3,180$ 244,891$ 32,933$ 2,535,877$ 0.9089$
Subtotal 220 70,928,000$ 6,655,000$ 642,678$ 6,655,000$
Improvement Area #2
Lot Type 3 44 375,000$ 16,500,000$ 1,078,239$ 178,296$ 2,456$ 108,062$ 28,558$ 1,256,535$ 0.6717$
Lot Type 4 223 425,000$ 94,775,000$ 6,193,340$ 1,024,123$ 2,783$ 620,699$ 32,365$ 7,217,462$ 0.6717$
Lot Type 5 32 550,000$ 17,600,000$ 1,150,122$ 190,183$ 3,602$ 115,266$ 41,885$ 1,340,304$ 0.6717$
Lot Type 6 27 600,000$ 16,200,000$ 1,058,635$ 175,054$ 3,930$ 106,097$ 45,692$ 1,233,689$ 0.6717$
Lot Type 7 14 650,000$ 9,100,000$ 594,665$ 98,333$ 4,257$ 59,598$ 49,500$ 692,998$ 0.6717$
Subtotal 340 154,175,000$ 10,075,000$ 1,665,989$ 1,009,721$ 1,665,989$
Improvement Area #3
Lot Type 8 45 350,000$ 15,750,000$ 1,418,910$ 182,348$ 3,095$ 139,283$ 35,584$ 1,601,258$ 0.8843$
Lot Type 9 244 450,000$ 109,800,000$ 9,891,826$ 1,120,565$ 3,980$ 971,004$ 45,133$ 11,012,391$ 0.8843$
Lot Type 10 46 550,000$ 25,300,000$ 2,279,264$ 242,321$ 4,864$ 223,738$ 54,817$ 2,521,585$ 0.8843$
Subtotal 335 150,850,000$ 13,590,000$ 1,545,234$ 1,334,025$ 15,135,234$
Mandatory MIA Prepayment[f]13,777$
Total 895 375,953,000$ 3,225,000$ 2,986,424$ 23,456,223$
Footnotes:
Lot
Count[a]Gross PID TRELot Type
Major Improvement
Area Assessment[c]Estimated Buildout Value[a],[d]
[a] Per information provided by the Developer.
[b] TIRZ No. 2 Credit is only applied to Improvement Area #1 as it is the only one within the TIRZ No. 2 boundary.
[c] The Major Improvement Area Assessment reflects the outstanding assessment for the Major Improvement Area Assessed Property prior to Prepayment of Assessment paid, but not yet redeemed, as further
described in Section IX. Therefore, this amount does not match the Major Improvement Area Assessment Roll.
[d] Estimated Buildout Value determined at the time each applicable Assessment was levied.
[e] Per information provided in draft appraisal dated 1/22/2026
[f] Due to revisions to the Developer’s site plan, a mandatory prepayment was required. Section V and Section VI outline the methodology and requirements for mandatory prepayments of assessments.
Total Average Installment Total Outstanding Assessment
Major Improvement Area
Improvement Area
Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 56
EXHIBIT F – TIRZ NO. 2 MAXIMUM ANNUAL CREDIT AMOUNT
Improvement Area #1
Lot Type 1 1,150.64$
Lot Type 2 1,315.55$
Lot Type
TIRZ No. 2 Maximum
Annual Credit
Amount
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 57
EXHIBIT G-1 – IMPROVEMENT AREA #1 ASSESSMENT ROLL
Property ID[a]Lot Type Notes
Outstanding
Assessment[f]
Annual Installment
before TIRZ No. 2
Offset
TIRZ No. 2 Annual
Credit Amount
Annual Installment
Due 1/31/2027[b]
2821900 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822050 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822053 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822059 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822060 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822061 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822062 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822063 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822064 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822065 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822066 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822078 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822079 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822080 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822081 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822082 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822084 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822085 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822088 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822090 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822091 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822093 Lot Type 2 [e]32,933.47$ 1,572.80$ TBD 1,572.80$
2822095 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822099 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822100 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822101 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822046 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822043 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822042 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822041 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822008 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822009 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822010 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822011 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822013 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822015 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822017 Lot Type 1 [c]-$ -$ --$
2822018 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822019 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822020 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
Improvement Area #1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 58
Property ID[a]Lot Type Notes
Outstanding
Assessment[f]
Annual Installment
before TIRZ No. 2
Offset
TIRZ No. 2 Annual
Credit Amount
Annual Installment
Due 1/31/2027[b]
2822023 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822025 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822026 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822029 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822031 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822032 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822033 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822034 Lot Type 1 [c]-$ -$ --$
2822035 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822036 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822038 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822039 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822040 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822024 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822007 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822103 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822105 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2821982 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821992 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822049 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822092 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2821899 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821914 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821919 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821931 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821973 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821991 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822045 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822055 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822087 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2821912 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821916 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821949 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821998 Lot Type 1 [d]25,398.64$ 2,425.92$ TBD 2,425.92$
2822014 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822016 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822027 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
Improvement Area #1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 59
Property ID[a]Lot Type Notes
Outstanding
Assessment[f]
Annual Installment
before TIRZ No. 2
Offset
TIRZ No. 2 Annual
Credit Amount
Annual Installment
Due 1/31/2027[b]
2822086 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822094 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822119 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822129 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822051 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2821971 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821961 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821934 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821926 Lot Type 1 [c]-$ -$ --$
2822106 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822107 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822108 Lot Type 2 [c]-$ -$ TBD -$
2822109 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822110 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822112 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822113 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822114 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822115 Lot Type 2 [c]-$ -$ --$
2822116 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822117 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822118 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822104 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822121 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822124 Lot Type 2 [c]-$ -$ --$
2822125 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822126 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822127 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822128 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822131 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822132 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2856981 Lot Type 2 [e]32,933.47$ 1,572.80$ TBD 1,572.80$
2821898 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821908 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821921 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822123 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2821927 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822006 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822002 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822120 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822130 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
Improvement Area #1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 60
Property ID[a]Lot Type Notes
Outstanding
Assessment[f]
Annual Installment
before TIRZ No. 2
Offset
TIRZ No. 2 Annual
Credit Amount
Annual Installment
Due 1/31/2027[b]
2822133 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822134 Non-Benefited Property -$ -$ --$
2822136 Non-Benefited Property -$ -$ --$
2822137 Non-Benefited Property -$ -$ --$
2822138 Non-Benefited Property -$ -$ --$
2822139 Non-Benefited Property -$ -$ --$
2822141 Non-Benefited Property -$ -$ --$
2822142 Non-Benefited Property -$ -$ --$
2822143 Non-Benefited Property -$ -$ --$
2890470 Non-Benefited Property -$ -$ --$
2890471 Non-Benefited Property -$ -$ --$
2821896 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821897 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821902 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821903 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821904 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821905 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821906 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822111 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822098 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822097 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822083 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2821901 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821922 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821930 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821944 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821946 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821948 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821951 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821956 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821959 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821970 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821978 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821979 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821907 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821999 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822001 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822003 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822004 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822012 Lot Type 1 [d]19,188.00$ 1,832.72$ TBD 1,832.72$
Improvement Area #1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 61
Property ID[a]Lot Type Notes
Outstanding
Assessment[f]
Annual Installment
before TIRZ No. 2
Offset
TIRZ No. 2 Annual
Credit Amount
Annual Installment
Due 1/31/2027[b]
2822028 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822044 Lot Type 2 [c]-$ -$ --$
2822047 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822048 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822052 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822054 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822056 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2822067 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822000 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822005 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821909 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821911 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821962 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821963 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821964 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821965 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821966 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821967 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821969 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821972 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821974 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821976 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821977 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821980 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821981 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821984 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821985 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821986 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821987 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821988 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821989 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821990 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821993 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821994 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821995 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821996 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821997 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821960 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821958 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821957 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
Improvement Area #1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 62
Property ID[a]Lot Type Notes
Outstanding
Assessment[f]
Annual Installment
before TIRZ No. 2
Offset
TIRZ No. 2 Annual
Credit Amount
Annual Installment
Due 1/31/2027[b]
2821955 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821913 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821915 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821918 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821920 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821923 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821924 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821925 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821928 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821929 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821932 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821933 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821935 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821910 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821936 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821938 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821939 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821940 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821941 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821942 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821943 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821945 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821947 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821950 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821952 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821953 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821954 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821937 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822021 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822022 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822102 Lot Type 2 32,933.47$ 3,145.60$ TBD 3,145.60$
2821968 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2822037 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
2821975 Lot Type 1 28,805.06$ 2,751.28$ TBD 2,751.28$
6,423,827.49$ 613,564.31$ TBD 613,564.08$
Improvement Area #1
Total[g]
Notes:
[a] Property IDs preliminary and subject to change based on the final certified rolls provided by the County prior to billing.
[b] Cumulative of TIRZ No. 2 Annual Credit Amount.
[c] Property ID has prepaid their Assessment in full.
[d] Property ID has partially prepaid their Assessment.
[e] Undivided interest of property located at 3321 Lakeshore Dr, Anna, TX 75409, billed 50% to Property ID 2856981 and 50% to Property ID 2822093.
[f] Outstanding Assessment prior to 1/31/2027 Annual Installment.
[g] Totals may not add or match Service Plan or installment schedules due to rounding and unredeemed Prepayments.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 63
EXHIBIT G-2 – IMPROVEMENT AREA #1 ANNUAL INSTALLMENTS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 64
EXHIBIT H-1 – MAJOR IMPROVEMENT AREA ASSESSMENT ROLL
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 65
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 66
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 67
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 68
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 69
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 70
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 71
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 72
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 73
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 74
EXHIBIT H-2 – MAJOR IMPROVEMENT AREA ANNUAL INSTALLMENTS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 75
EXHIBIT I-1 – IMPROVEMENT AREA #2 ASSESSMENT ROLL
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 76
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 77
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 78
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 79
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 80
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 81
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 82
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 83
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 84
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 85
EXHIBIT I-2 – IMPROVEMENT AREA #2 ANNUAL INSTALLMENTS
Annual
Installments Due
1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection Costs
Total Annual
Installment[c]
2027 175,000.00$ 590,910.00$ 50,375.00$ 36,161.00$ 111,582.51$ 8,329.94$ 51,937.56$ 1,024,296.01$
2028 183,000.00$ 582,160.00$ 49,500.00$ 38,743.93$ 109,412.85$ 8,149.14$ 63,854.56$ 1,034,820.47$
2029 193,000.00$ 573,010.00$ 48,585.00$ 41,326.86$ 107,088.21$ 7,955.42$ 65,131.65$ 1,036,097.14$
2030 204,000.00$ 561,912.50$ 47,620.00$ 43,909.78$ 104,608.60$ 7,748.79$ 66,434.28$ 1,036,233.95$
2031 216,000.00$ 550,182.50$ 46,600.00$ 46,492.71$ 101,644.69$ 7,529.24$ 67,762.97$ 1,036,212.11$
2032 228,000.00$ 537,762.50$ 45,520.00$ 49,075.64$ 98,506.43$ 7,296.77$ 69,118.22$ 1,035,279.57$
2033 241,000.00$ 524,652.50$ 44,380.00$ 51,658.57$ 95,193.83$ 7,051.39$ 70,500.59$ 1,034,436.88$
2034 256,000.00$ 510,795.00$ 43,175.00$ 54,241.50$ 91,706.88$ 6,793.10$ 71,910.60$ 1,034,622.08$
2035 270,000.00$ 496,075.00$ 41,895.00$ 59,407.35$ 88,045.57$ 6,521.89$ 73,348.81$ 1,035,293.64$
2036 286,000.00$ 480,550.00$ 40,545.00$ 61,990.28$ 84,035.58$ 6,224.86$ 74,815.79$ 1,034,161.51$
2037 303,000.00$ 464,105.00$ 39,115.00$ 67,156.14$ 79,851.23$ 5,914.91$ 76,312.11$ 1,035,454.38$
2038 321,000.00$ 446,682.50$ 37,600.00$ 72,322.00$ 75,318.19$ 5,579.13$ 77,838.35$ 1,036,340.16$
2039 340,000.00$ 428,225.00$ 35,995.00$ 77,487.85$ 70,436.46$ 5,217.52$ 79,395.11$ 1,036,756.94$
2040 360,000.00$ 408,675.00$ 34,295.00$ 80,070.78$ 65,206.03$ 4,830.08$ 80,983.02$ 1,034,059.90$
2041 382,000.00$ 387,975.00$ 32,495.00$ 87,819.57$ 59,801.25$ 4,429.72$ 82,602.68$ 1,037,123.22$
2042 404,000.00$ 366,010.00$ 30,585.00$ 92,985.42$ 53,873.43$ 3,990.62$ 84,254.73$ 1,035,699.21$
2043 428,000.00$ 342,780.00$ 28,565.00$ 98,151.28$ 47,596.91$ 3,525.70$ 85,939.83$ 1,034,558.72$
2044 455,000.00$ 317,100.00$ 26,425.00$ 105,900.07$ 40,971.70$ 3,034.94$ 87,658.62$ 1,036,090.33$
2045 483,000.00$ 289,800.00$ 24,150.00$ 113,648.85$ 33,823.45$ 2,505.44$ 89,411.79$ 1,036,339.54$
2046 514,000.00$ 260,820.00$ 21,735.00$ 121,397.64$ 26,152.15$ 1,937.20$ 91,200.03$ 1,037,242.01$
2047 546,000.00$ 229,980.00$ 19,165.00$ 129,146.42$ 17,957.81$ 1,330.21$ 93,024.03$ 1,036,603.47$
2048 580,000.00$ 197,220.00$ 16,435.00$ 136,895.21$ 9,240.43$ 684.48$ 94,884.51$ 1,035,359.62$
2049 616,000.00$ 162,420.00$ 13,535.00$ -$ -$ -$ 77,480.50$ 869,435.50$
2050 655,000.00$ 125,460.00$ 10,455.00$ -$ -$ -$ 79,030.11$ 869,945.11$
2051 696,000.00$ 86,160.00$ 7,180.00$ -$ -$ -$ 80,610.71$ 869,950.71$
2052 740,000.00$ 44,400.00$ 3,700.00$ -$ -$ -$ 82,222.92$ 870,322.92$
Total 10,075,000.00$ 9,965,822.50$ 839,625.00$ 1,665,988.86$ 1,572,054.21$ 116,580.48$ 2,017,664.06$ 26,252,735.11$
Footnotes:
[a] Interest on the Improvement Area #2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028, 2042, and 2052,
respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048, respectively.
[c] 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.
Major Improvement Area BondImprovement Area #2 Bond
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 86
EXHIBIT J-1 – IMPROVEMENT AREA #3 ASSESSMENT ROLL
Property ID[a]Lot Type Outstanding Assessment Annual Installment Due
1/31/2027[b]
1001356 Improvement Area #3 Initial Parcel 1,112,039.81$ 96,235.22$
1007412 Improvement Area #3 Initial Parcel 3,618,870.32$ 313,174.75$
2719039 Improvement Area #3 Initial Parcel 8,859,089.87$ 766,660.03$
2952542 Non-Benefited Property -$ -$
13,590,000.00$ 1,176,070.00$
Footnotes:
Total
[a] The Assessment and 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 Service and Assessment Plan.
[b] Annual Installment due may not match Service Plan or Annual Installment schedule due to rounding.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 87
EXHIBIT J-2 - IMPROVEMENT AREA #3 ANNUAL INSTALLMENTS
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection Costs
Total Annual
Installment[c]
2026[d],[e]-$ 331,143.00$ -$ -$ -$ -$ -$ -$
2027 144,000.00$ 924,120.00$ 67,950.00$ 33,539.96$ 103,494.72$ 7,726.17$ 47,516.11$ 1,328,346.96$
2028 153,000.00$ 914,328.00$ 67,230.00$ 35,935.67$ 101,482.33$ 7,558.47$ 52,644.40$ 1,332,178.86$
2029 163,000.00$ 903,924.00$ 66,465.00$ 38,331.38$ 99,326.19$ 7,378.79$ 53,697.29$ 1,332,122.64$
2030 174,000.00$ 892,840.00$ 65,650.00$ 40,727.09$ 97,026.30$ 7,187.13$ 54,771.23$ 1,332,201.76$
2031 187,000.00$ 881,008.00$ 64,780.00$ 43,122.80$ 94,277.22$ 6,983.50$ 55,866.66$ 1,333,038.18$
2032 200,000.00$ 868,292.00$ 63,845.00$ 45,518.51$ 91,366.43$ 6,767.88$ 56,983.99$ 1,332,773.82$
2033 214,000.00$ 854,692.00$ 62,845.00$ 47,914.22$ 88,293.94$ 6,540.29$ 58,123.67$ 1,332,409.12$
2034 230,000.00$ 840,140.00$ 61,775.00$ 50,309.93$ 85,059.73$ 6,300.72$ 59,286.15$ 1,332,871.53$
2035 245,000.00$ 824,500.00$ 60,625.00$ 55,101.36$ 81,663.80$ 6,049.17$ 60,471.87$ 1,333,411.20$
2036 263,000.00$ 807,840.00$ 59,400.00$ 57,497.07$ 77,944.46$ 5,773.66$ 61,681.30$ 1,333,136.49$
2037 281,000.00$ 789,956.00$ 58,085.00$ 62,288.49$ 74,063.41$ 5,486.18$ 62,914.93$ 1,333,794.01$
2038 300,000.00$ 770,848.00$ 56,680.00$ 67,079.91$ 69,858.94$ 5,174.74$ 64,173.22$ 1,333,814.81$
2039 320,000.00$ 750,448.00$ 55,180.00$ 71,871.34$ 65,331.04$ 4,839.34$ 65,456.69$ 1,333,126.40$
2040 345,000.00$ 728,688.00$ 53,580.00$ 74,267.05$ 60,479.73$ 4,479.98$ 66,765.83$ 1,333,260.58$
2041 367,000.00$ 705,228.00$ 51,855.00$ 81,454.18$ 55,466.70$ 4,108.64$ 68,101.14$ 1,333,213.67$
2042 394,000.00$ 680,272.00$ 50,020.00$ 86,245.60$ 49,968.55$ 3,701.37$ 69,463.16$ 1,333,670.68$
2043 423,000.00$ 653,480.00$ 48,050.00$ 91,037.02$ 44,146.97$ 3,270.15$ 70,852.43$ 1,333,836.57$
2044 452,000.00$ 624,716.00$ 45,935.00$ 98,224.16$ 38,001.97$ 2,814.96$ 72,269.48$ 1,333,961.57$
2045 484,000.00$ 593,980.00$ 43,675.00$ 105,411.29$ 31,371.84$ 2,323.84$ 73,714.87$ 1,334,476.83$
2046 518,000.00$ 561,068.00$ 41,255.00$ 112,598.43$ 24,256.58$ 1,796.78$ 75,189.17$ 1,334,163.95$
2047 556,000.00$ 525,844.00$ 38,665.00$ 119,785.56$ 16,656.18$ 1,233.79$ 76,692.95$ 1,334,877.48$
2048 596,000.00$ 488,036.00$ 35,885.00$ 126,972.69$ 8,570.66$ 634.86$ 78,226.80$ 1,334,326.01$
2049 638,000.00$ 447,508.00$ 32,905.00$ -$ -$ -$ 61,839.19$ 1,180,252.19$
2050 684,000.00$ 404,124.00$ 29,715.00$ -$ -$ -$ 63,075.97$ 1,180,914.97$
2051 733,000.00$ 357,612.00$ 26,295.00$ -$ -$ -$ 64,337.49$ 1,181,244.49$
2052 785,000.00$ 307,768.00$ 22,630.00$ -$ -$ -$ 65,624.24$ 1,181,022.24$
2053 841,000.00$ 254,388.00$ 18,705.00$ -$ -$ -$ 66,936.72$ 1,181,029.72$
2054 901,000.00$ 197,200.00$ 14,500.00$ -$ -$ -$ 68,275.46$ 1,180,975.46$
2055 965,000.00$ 135,932.00$ 9,995.00$ -$ -$ -$ 69,640.97$ 1,180,567.97$
2056 1,034,000.00$ 70,312.00$ 5,170.00$ -$ -$ -$ 71,033.79$ 1,180,515.79$
Total 13,590,000.00$ 19,090,235.00$ 1,379,345.00$ 1,545,233.71$ 1,458,107.68$ 108,130.42$ 1,935,627.16$ 38,775,535.97$
Footnotes:
[a] Interest on the Improvement Area #3 Bond is estimated at a 5.95% interest rate for bonds with a maturity of 2056 per the City's Financial Advisor.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048, respectively.
[c] 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.
[d] No Assessment collected on 1/31/2026 for the Improvement Area #3 Bonds and capitalized interest is contemplated for the 9/1/2026 debt service payment.
[e] Improvement Area #3's allocable share of the Major Improvement Area Assessment Annual Installment has been collected as of 1/31/2026, and is not included
in the total outstanding Assessment for the Major Improvement Area.
Improvement Area #3 Bond Major Improvement Area Bond
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 88
EXHIBIT K-1 – MAPS OF IMPROVEMENT AREA #1 IMPROVEMENTS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 89
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 90
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 91
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 92
EXHIBIT K-2 – MAPS OF MAJOR IMPROVEMENTS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 93
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 94
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 95
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 96
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 97
EXHIBIT K-3 – MAPS OF IMPROVEMENT AREA #2 IMPROVEMENTS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 98
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 99
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 100
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 101
EXHIBIT K-4 – MAPS OF IMPROVEMENT AREA #3 IMPROVEMENTS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 102
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 103
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 104
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 105
EXHIBIT L – FORM OF NOTICE OF PID ASSESSMENT TERMINATION
P3Works, LLC
9284 Huntington Square, Ste 100
North Richland Hills, TX 76182
______________________________________________________________________________
[Date]
Collin County Clerk’s Office
Honorable ____________
900 E. Park Blvd.
#140C
Plano, TX 75074
Re: City of Anna Lien Release documents for filing
Dear Ms./Mr. ____________,
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]
PO Box 776
120 W. 7th Street
Anna, TX 75409
Please contact me if you have any questions or need additional information.
Sincerely,
[Signature]
P3Works, LLC
(817) 393-0353
Admin@P3-Works.com
www.P3-Works.com
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 106
AFTER RECORDING RETURN TO:
[City Secretary Name]
[City Secretary Address]
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 §
§ NOW 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.
RECITALS
WHEREAS, the governing body (hereinafter referred to as the "City Council") of the City
of Anna, Texas (hereinafter referred to as the "City"), 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 of the City; and
WHEREAS, on or about November 13, 2018, the City Council for the City, approved
Resolution No. 2018-11-506, creating Hurricane Creek Public Improvement District; and
WHEREAS, the Hurricane Creek Public Improvement District consists of approximately
368.2 contiguous acres within the corporate limits of the City; and
WHEREAS, on or about [March 12, 2019], [December 6, 2022], [___________, 2026]
the City Council, approved Ordinance No. [907-2019], [1025-2022], [____________] (hereinafter
referred to as the "Assessment Ordinance") approving an service and assessment plan and
assessment roll for the Property within the Hurricane Creek Public Improvement District; and
WHEREAS, the Assessment Ordinance imposed an assessment in the amount of [amount]
(hereinafter referred to as the "Lien Amount") for the following property: [legal description], a
subdivision in Collin County, Texas, according to the map or plat of record in
Document/Instrument No. ________ of the Plat Records of Collin County, Texas (hereinafter
referred to as the "Property"); and
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 107
WHEREAS, the property owners of the Property have paid unto the City the Lien Amount.
RELEASE
NOW THEREFORE, the City, the owner and holder of the Lien, Instrument No. ________, in
the Real Property Records of Collin County, Texas, in the amount of the Lien Amount against the
Property releases and discharges, and by these presents does hereby release and discharge, the
above-described Property from said Lien held by the undersigned securing said indebtedness.
EXECUTED to be EFFECTIVE this the _____ day of _________, 20__.
CITY OF ANNA, TEXAS,
A Texas home rule municipality,
By: _______________________________
[Manager Name], City Administrator
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 Administrator for the City of Anna, Texas, a Texas home rule municipality, on
behalf of said municipality.
_______________________________
Notary Public, State of Texas
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 108
EXHIBIT M-1 – DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #1 BONDS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 109
EXHIBIT M-2 – DEBT SERVICE SCHEDULE FOR MAJOR IMPROVEMENT AREA
BONDS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 110
EXHIBIT M-3 – DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #2 BONDS
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 111
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 112
EXHIBIT M-4 – DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #3 BONDS
[To be provided at pricing.]
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 113
EXHIBIT N-1 – DISTRICT LEGAL DESCRIPTION
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 114
EXHIBIT N-2 – IMPROVEMENT AREA #1 LEGAL DESCRIPTION
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffman Survey,
Abstract Number 197, Collin County, Texas and being part of that tract of land described in deed
to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of the
Official Public Records of Collin County, Texas and being more particularly described as follows:
BEGINNING at a 5/8” iron rod found for the northeast corner of a remainder tract WBK Partners,
LTD recorded in Volume 4292, Page 27 of said Official Public Records and the easternmost
southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 88°58'27” W, 1,910.63 feet with the south line of said CADG tract to a 5/8” iron rod
with plastic cap stamped “PELOTON” set;
THENCE departing said south line of the CADG Hurricane Creek, LLC tract, N 00°15'27” E, 421.11
feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 46°18'49” E, 320.76 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 43°41'11” W, 120.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S46°18'49” W, 117.06 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 43°41'11” W, 50.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 46°18'49” E, 145.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 43°41'11” W, 120.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 46°18'49” E, 570.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 43°41'11” W, 170.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 46°18'49” E, 2.17 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set to
the beginning of a curve to the right;
THENCE, with said curve to the right, an arc distance of 47.91 feet, through a central angle of
05°54'13”, having a radius of 465.00 feet, the long chord bears N 49°15'56” E, 47.89 feet to a 5/8”
iron rod with plastic cap stamped “PELOTON” set;
THENCE N 43°41'11” W, 163.78 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 115
THENCE N 46°18'49” E, 259.23 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 89°13'07” E, 741.15 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 23°12'58” E, 16.58 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 89°13'07” E, 140.84 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 59°26'33” E, 195.37 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 89°13'07” E, 731.48 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 00°46'53” E, 284.46 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 89°13'07” E, 525.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 00°46'53” E, 460.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 89°13'07” W, 170.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 01°32'35” W, 138.83 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 03°56'49” W, 63.28 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 20°40'36” W, 64.06 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 34°31'32” W, 64.92 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 56°29'24” W, 66.49 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 55°11'09” W, 70.72 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 33°07'12” E, 131.90 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 36°16'47” E, 50.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 53°43'13” W, 1.72 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 36°16'47” E, 163.61 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set in
the east line of said CADG Hurricane Creek, LLC. Tract at the beginning of a curve to the right;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 116
THENCE with said curve to the right, an arc distance of 61.57 feet, through an angle of 05°02'21”,
having a radius of 700.00 feet, and a long chord which bears S 56°44'35” W, 61.55 feet to a 5/8”
iron rod with plastic cap stamped “PELOTON” set;
THENCE S 59°01'02” W, 294.65 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 89°21'12” W, 420.50 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 01°31'10” E, 184.67 feet to the POINT OF BEGINNING and containing 4,015,625 square
feet or 92.186 acres of land, more or less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 117
EXHIBIT N-3 – MAJOR IMPROVEMENT AREA LEGAL DESCRIPTION
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffman Survey,
Abstract Number 197, Collin County, Texas and being part of that tract of land described in deed
to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of the
Official Public Records of Collin County, Texas and being more particularly described as follows:
BEGINNING at the southernmost southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 89°54’24”W, 2,687.84 feet;
THENCE N 00°04’27”W, 387.21 feet;
THENCE N 89°58’14”W, 849.21 feet;
THENCE N 03°33’44”E, 1,188.00 feet;
THENCE N 88°26’26”W, 365.15 feet;
THENCE N 23°08’27”W, 67.47 feet;
THENCE N 02°48’15”E, 1,930.31 feet;
THENCE N 89°52’55”E, 465.63 feet;
THENCE N 89°15’32”E, 742.56 feet;
THENCE S 90°00’00”E, 1,755.97 feet;
THENCE N 89°11’00”E, 794.06 feet;
THENCE S 00°10’57”W, 232.18 feet;
THENCE N 89°56’12”E, 1184.36 feet;
THENCE S 01°06’39”E, 55.96 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 205.39 feet, through a central angle of
16°48’41”, having a radius of 700.00 feet, the long chord which bears S 07°17’41”W, 204.65 feet;
THENCE S 15°42’02”W, 121.60 feet to the beginning of a curve to the left;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 118
THENCE with said curve to the left, an arc distance of 205.39 feet, through a central angle of
16°48’41”, having a radius of 700.00 feet, the long chord which bears S 07°17’41”W, 204.65 feet;
THENCE S 01°06’39”E, 201.55 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 116.43 feet, through a central angle of
09°31’48”, having a radius of 699.99 feet, the long chord which bears S 03°39’15”W, 116.30 feet;
THENCE S 08°25’09”W, 393.86 feet to the beginning of a curve to the left;
THENCE with said curve to the left, an arc distance of 101.69 feet, through a central angle of
08°19’23”, having a radius of 700.03 feet, the long chord which bears S 04°15’28”W, 101.60 feet;
THENCE S 00°05’44”W, 1035.62 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 530.61 feet, through a central angle of
43°25’52”, having a radius of 700.00 feet, the long chord which bears S 21°48’40”W, 518.00 feet;
THENCE S 43°31’37”W, 241.38 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 25.41 feet, through a central angle of
00°02’48”, having a radius of 400.00 feet, the long chord which bears S 43°40’02”W, 25.41 feet;
THENCE N 89°44’50”W, 655.06 feet;
THENCE S 00°56’11”E, 265.80 feet to the Point of Beginning and containing 16,037,378 square
feet or 368.2 acres of land more or less.
SAVE AND EXCEPT
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffman Survey,
Abstract Number 197, Collin County, Texas and being part of that tract of land described in deed
to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of the
Official Public Records of Collin County, Texas and being more particularly described as follows:
BEGINNING at the southernmost southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 88°58'27” W, 1,910.63 feet;
THENCE N 00°15'27” E, 421.11 feet;
THENCE N 46°18'49” E, 320.76 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 119
THENCE N 43°41'11” W, 120.00 feet;
THENCE S46°18'49” W, 117.06 feet;
THENCE N 43°41'11” W, 50.00 feet;
THENCE N 46°18'49” E, 145.00 feet;
THENCE N 43°41'11” W, 120.00 feet;
THENCE N 46°18'49” E, 570.00 feet;
THENCE N 43°41'11” W, 170.00 feet;
THENCE N 46°18'49” E, 2.17 feet to the beginning of a curve to the right;
THENCE, with said curve to the right, an arc distance of 47.91 feet, through a central angle of
05°54'13”, having a radius of 465.00 feet, the long chord bears N 49°15'56” E, 47.89 feet;
THENCE N 43°41'11” W, 163.78 feet;
THENCE N 46°18'49” E, 259.23 feet;
THENCE N 89°13'07” E, 741.15 feet;
THENCE S 23°12'58” E, 16.58 feet;
THENCE N 89°13'07” E, 140.84 feet;
THENCE N 59°26'33” E, 195.37 feet;
THENCE N 89°13'07” E, 731.48 feet;
THENCE S 00°46'53” E, 284.46 feet;
THENCE N 89°13'07” E, 525.00 feet;
THENCE S 00°46'53” E, 460.00 feet;
THENCE S 89°13'07” W, 170.00 feet;
THENCE S 01°32'35” W, 138.83 feet;
THENCE S 03°56'49” W, 63.28 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 120
THENCE S 20°40'36” W, 64.06 feet;
THENCE S 34°31'32” W, 64.92 feet;
THENCE S 56°29'24” W, 66.49 feet;
THENCE S 55°11'09” W, 70.72 feet;
THENCE S 33°07'12” E, 131.90 feet;
THENCE S 36°16'47” E, 50.00 feet;
THENCE S 53°43'13” W, 1.72 feet;
THENCE S 36°16'47” E, 163.61 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 61.57 feet, through an angle of 05°02'21”,
having a radius of 700.00 feet, and a long chord which bears S 56°44'35” W, 61.55 feet;
THENCE S 59°01'02” W, 294.65 feet;
THENCE S 89°21'12” W, 420.50 feet;
THENCE S 01°31'10” E, 184.67 feet to the POINT OF BEGINNING and containing 4,015,625 square
feet or 92.186 acres of land, more or less.
"This document was prepared under 22 TAC 663.21, does not reflect the results of an on the
ground
survey, and is not to be used to convey or establish interests in real property except those rights
and
interests implied or established by the creation or reconfiguration of the boundary of the political
subdivision for which it was prepared."
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 121
EXHIBIT N-4 – IMPROVEMENT AREA #2 LEGAL DESCRIPTION
Phase 2 LEGAL DESCRIPTION:
BEING THAT CERTAIN TRACT OF LAND SITUATED IN THE J. BOYLE SURVEY, ABSTRACT NUMBER
105 AND THE W.S. RATTAN SURVEY, ABSTRACT NUMBER 752, COLLIN COUNTY, TEXAS, BEING A
PORTION OF THAT TRACT OF LAND DESCRIBED IN DEED TO CADG HURRICANE CREEK, LLC
KNOWN AS TRACT 2 RECORDED IN INSTRUMENT NUMBER 201505290000631020 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 A 1/2 INCH IRON ROD FOUND IN THE SOUTH LINE OF A TRACT OF LAND TO MM
ANNA 325, LLC TRACT 1 RECORDED IN INSTRUMENT NUMBER 20190411000386110 AND BEING
THE NORTHWEST CORNER OF ONE ANNA TWO ADDITION RECORDED IN INSTRUMENT NUMBER
20210607010002180 OF SAID O.P.R.C.C.T.
THENCE DEPARTING THE SOUTH LINE OF SAID MM ANNA TRACT FOLLOWING THE WEST LINE OF
SAID ONE ANNA TWO ADDITION TRACT AND BEING THE WEST LINE OF STANDRIDGE BOULEVARD
(A CALLED 80’ RIGHT-OF-WAY) THE FOLLOWING BEARINGS AND DISTANCES:
S 02° 05' 48" E, 55.77 TO A 1/2 INCH IRON ROD WITH CAP STAMPED “GEER 3258” FOUND
AND THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 205.60 FEET, THROUGH A
CENTRAL ANGLE OF 16° 49' 44", HAVING A RADIUS OF 700.00 FEET, AND A LONG CHORD
WHICH BEARS S 06° 27' 08" W, 204.87 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED
“GEER 3258” FOUND;
S 14° 47' 37" W, 121.39 FEET TO A 1/2 INCH IRON ROD FOUND AND THE BEGINNING OF
A CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 205.59 FEET, THROUGH A CENTRAL
ANGLE OF 16° 49' 39", HAVING A RADIUS OF 700.00 FEET, AND A LONG CHORD WHICH
BEARS S 06° 28' 09" W, 204.85 FEET TO A 1/2 IRON ROD WITH CAP STAMPED “GEER 3258”
FOUND;
S 02° 00' 44" E, 201.29 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED “GEER 3258”
FOUND AND THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 116.43 FEET, THROUGH A
CENTRAL ANGLE OF 09° 31' 48", HAVING A RADIUS OF 699.99 FEET, AND A LONG CHORD
WHICH BEARS S 02° 49' 59" W, 116.30 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED
“GEER 3258” FOUND;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 122
S 07° 36' 10" W, 394.08 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED “GEER 3258”
FOUND AND THE BEGINNING OF A CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 101.69 FEET, THROUGH A CENTRAL
ANGLE OF 08° 19' 23", HAVING A RADIUS OF 700.03 FEET, AND A LONG CHORD WHICH
BEARS S 03° 23' 47" W, 101.60 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED “GEER
3258” FOUND;
S 00° 46' 53" E, 187.26 FEET TO THE NORTHEAST CORNER OF THE VILLAGES OF
HURRICANE CREEK, PHASE 1 RECORDED IN INSTRUMENT NUMBER 2021012000126700
OF SAID O.P.R.C.C.T;
THENCE FOLLOWING THE NORTH LINE OF SAID HURRICANE CREEK, PHASE 1 THE FOLLOWING
BEARINGS AND DISTANCES:
S 89° 13' 07" W, 1,391.48 FEET;
S 59° 26' 33" W, 165.35 FEET;
THENCE DEPARTING SAID NORTH LINE OF SAID HURRICANE CREEK, PHASE 1 OVER AND ACROSS
SAID TRACT 2 THE FOLLOWING BEARINGS AND DISTANCES:
N 00° 46' 53" W, 38.33 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 111.87 FEET, THROUGH A
CENTRAL ANGLE OF 12° 49' 11", HAVING A RADIUS OF 500.00 FEET, AND A LONG CHORD
WHICH BEARS N 05° 37' 43" E, 111.64 FEET;
N 12° 02' 18" E, 192.23 FEET TO THE BEGINNING OF A CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 748.78 FEET, THROUGH A CENTRAL
ANGLE OF 58° 46' 11", HAVING A RADIUS OF 730.00 FEET, AND A LONG CHORD WHICH
BEARS N 17° 20' 48" W, 716.38 FEET;
N 46° 43' 54" W, 32.41 FEET;
N 46° 18' 49" E, 276.60 FEET;
N 32° 16' 49" E, 500.47 FEET;
THENCE N 89° 04' 42" E, 1382.63 FEET TO THE POINT OF BEGINNING AND CONTAINING 2,449,716
SQUARE FEET OR 56.238 ACRES MORE OR LESS.
Phase 1B Legal Description
Tract 1
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 2 in deed to CADG Hurricane
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 123
Creek LLC recorded in Instrument Number 20150529000631020 of the Official Public Records,
Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds
as follows:
BEGINNING at a 1/2” iron rod with cap stamped GEER 3258 found in the east line of said Tract 2
to CADG Hurricane Creek LLC AND being the most easterly southeast corner of The Villages of
Hurricane Creek Phase 1 recorded in Instrument Number 20201015010003920 of said
(O.P.R.C.C.T.);
THENCE following the east property line of said Villages of Hurricane Creek the following bearings
and distances:
N 36° 16' 46" W, 163.61 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;
N 53° 43' 13" E, 1.72 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 36° 16' 47" W, 50.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 33° 07' 12" W, 131.90 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;
N 55° 11' 09" E, 70.72 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 56° 29' 24" E, 66.49 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 34° 31' 32" E, 64.92 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 20° 40' 36" E, 64.06 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 03° 56' 49" E, 63.28 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 01° 32' 35" E, 138.83 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 89° 13' 07" E, 170.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 00° 46' 53" W, 410.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;
N 89° 14' 17" E, 135.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found
in the east line of said Tract 2;
THENCE S 00° 46' 53" E, 513.44 feet to the beginning of a curve to the right to a 1/2” iron rod
found;
THENCE with said curve to the right, an arc distance of 671.13 feet, through a central angle of 54°
55' 58", having a radius of 700.00 feet, and a long chord which bears S 26° 43' 03" W, 645.72 feet
to the POINT OF BEGINNING and containing 251,915 square feet or 5.783 acres of land more or
less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 124
Tract 2
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 2 in deed to CADG Hurricane
Creek LLC recorded in Instrument Number 20150529000631020 of the Official Public Records,
Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds
as follows:
BEGINNING at a 5/8” iron rod with plastic cap stamped “PELOTON” found in the east line of said
Tract 2 and the most easterly northeast corner of The Villages of Hurricane Creek Phase I
recorded in Instrument Number 20201015010003920 of said (O.P.R.C.C.T.);
THENCE S 89° 13' 07" W, 660.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;
THENCE N 00° 46' 53" W, 284.46 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;
THENCE N 89° 13' 08" E, 660.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set
in the east line of said Tract 2;
THENCE S 00° 46' 53" E, 284.46 feet to the POINT OF BEGINNING and containing 187,742 square
feet or 4.310 acres of land more or less.
Tract 3
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 1 in deed to CADG Hurricane
Creek LLC recorded in Instrument Number 20150529000631020 of the Official Public Records,
Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds
as follows:
COMMENCING at a 5/8” iron rod found for the northeast corner of a remainder tract WBK
Partners, LTD recorded in Volume 4292, Page 27 of said Official Public Records and the
easternmost southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 88°58'27” W, 842.56 feet;
THENCE departing said south line of the CADG Hurricane Creek, LLC tract, N 01°01'33” W, 218.10
feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set to THE POINT OF BEGINNING;
THENCE N 03° 24' 07" W, 121.40 feet to the beginning of a curve to the left to a 5/8” iron rod
with plastic cap stamped “PELOTON” found;
THENCE with said curve to the left, an arc distance of 248.93 feet, through a central angle of 15°
25' 09", having a radius of 925.00 feet, and a long chord which bears N 76° 44' 47" E, 248.18 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 125
THENCE following the south right of way line of Hidden Valley Drive of said Villages of Hurricane
Creek the following bearings and distances:
N 69° 02' 12" E, 64.84 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
N 69° 02' 12" E, 90.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
THENCE following the west right of way line of Shadybrook Trail of said Villages of Hurricane
Creek the following bearing and distance:
S 20° 57' 48" E, 120.08 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
THENCE S 68° 55' 33" W, 161.45 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 71° 32' 50" W, 95.74 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 77° 06' 00" W, 90.37 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 82° 06' 18" W, 93.25 feet to the POINT OF BEGINNING and containing 50,814 square
feet or 1.167 acres of land more or less.
Tract 4
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 1 in deed to CADG Hurricane
Creek LLC recorded in Instrument Number 20150529000631020 of the Official Public Records,
Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds
as follows:
BEGINNING at a 5/8” iron rod with plastic cap stamped “PELOTON” found for southwest corner
of Block M, Lot 4 in a tract of land referred to as Tract 1 recorded in said Official Public Records
for said CADG Hurricane Creek, LLC tract and having a Northing of 7180087.9589' and Easting of
2549759.9701';
BEGINNING at a 5/8” iron rod with plastic cap stamped “PELOTON” found for the most easterly
southeast corner of a tract of land referred to as Tract 1 recorded in said Official Public Records
and the easternmost northeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 46° 18' 49" W, 250.44 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 43° 41' 11" W, 55.84 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 86° 55' 45" W, 15.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 63° 16' 55" W, 153.10 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 43° 41' 11" W, 480.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 126
THENCE N 46° 18' 49" E, 115.13 feet to the beginning of a curve to the right;
With said curve to the right, an arc distance of 105.54 feet, through a central angle of 122° 40'
26", having a radius of 50.00 feet, and a long chord which bears N 01° 33' 11" W, 87.75 feet to a
5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 43° 40' 57" W, 113.93 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE N 46° 18' 49" E, 540.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” set;
THENCE S 43° 40' 57" E, 120.00 feet; to a 5/8” iron rod with plastic cap stamped “PELOTON” set
THENCE N 46° 18' 49" E, 171.01 feet to the beginning of a curve to the right;
With said curve to the right, an arc distance of 117.81 feet, through a central angle of 89° 59' 58",
having a radius of 75.00 feet, and a long chord which bears S 88° 41' 11" E, 106.07 feet to a 5/8”
iron rod with plastic cap stamped “PELOTON” set;
THENCE S 43° 41' 11" E, 217.47 feet to the beginning of a curve to the left;
With said curve to the left, an arc distance of 47.91 feet, through a central angle of 05° 54' 13",
having a radius of 465.00 feet, and a long chord which bears S 49° 15' 49" W, 47.89 feet to a 5/8”
iron rod with plastic cap stamped “PELOTON” found;
THENCE S 46° 18' 49" W, 2.17 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
THENCE S 43° 40' 57" E, 50.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
THENCE S 43° 41' 17" E, 120.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
(THENCE S 43° 41' 11" E, 170.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;)
THENCE S 46° 18' 49" W, 570.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;
THENCE S 43° 41' 11" E, 120.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
THENCE S 46° 18' 49" W, 145.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;
THENCE S 43° 41' 11" E, 50.00 feet to a 5/8” iron rod with plastic cap stamped “PELOTON” found;
THENCE N 46° 18' 49" E, 117.05 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;
(THENCE N 46° 18' 49" E, 117.06 feet to a 5/8” iron rod with plastic cap stamped “PELOTON”
found;)
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 127
THENCE S 43° 41' 11" E, 120.00 feet to the POINT OF BEGINNING and containing 570,152 square
feet or 13.089 acres of land more or less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 128
EXHIBIT N-5 - IMPROVEMENT AREA #3 LEGAL DESCRIPTION
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 129
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 130
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 131
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 132
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 133
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 134
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 135
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 136
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 137
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 138
APPENDIX A - IMPROVEMENT AREA #3 ENGINEER'S REPORT
[Remainder of page left intentionally blank.]
March 6th, 2026
Engineer’s Report
Hurricane Creek Public Improvement District
Villages of Hurricane Creek
City of Anna
Introduction: Hurricane Creek Public Improvement District (The “PID”) is a single-family
development consisting of approximately 335 single-family residential homes and over
approximately 88 Ac. As depicted on Exhibit A. The parcels are along Shady Brook Drive in the
existing Hurricane Creek Development. This Engineer’s Report includes the documents requested
by the City of Anna, Texas (the “City”) for issuance of PID bonds by the City. PID Bonds are
anticipated to be used to finance public infrastructure projects vital for the development within the
PID.
Development Costs: An Engineer’s Opinion of Probable Cost has been prepared for all on-site
public and private infrastructure (Exhibit B).
Development Improvements: Development improvements have been classified as PID
Improvements and Private Improvements.
The Hurricane Creek PID Improvements are shown on Exhibits C through F.
Development Schedule: Construction is finishing on Phase 3 of the Villages of Hurricane Creek.
Sincerely,
Tanner Sheet, P.E.
Director of Land Development
Westwood Professional Services
01.29.2603.06.26
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IMPROVEMENT AREA BOUNDARY EXHIBIT A
SEPTEMBER 2025
ANNA-TEXAS
THE VILLAGES OF HURRICANE CREEK - IMPROVEMENT AREA #3 0'450'300'150'
PREVIOUS
IMPROVEMENT AREA
IMPROVEMENT AREA #3
PREVIOUS
IMPROVEMENT AREA
PREVIOUS
IMPROVEMENT AREA
March 6, 2026
Tanner R. Sheets, P.E
Texas Board of Professional Engineers, Certificate of Registration #F-11756
Texas Board of Professional Land Surveying, Certificate of Registration 10074301
11000 Frisco Street
Frisco, Texas 75033
PH: (972) 971-7110
Prepared by
ENGINEER'S OPINION OF PROBABLE CONSTRUCTION COSTS
Typical Lot Width:40/50/60
88.8
335
ACRES
LOTS
TRAVIS BIBER
TEXAS
Prepared for
For the development of
HURRICANE CREEK PHASE 3
ANNA
R0047821.00WPS No.
CIVIL ENGINEERING SITE DEVELOPMENT COSTS
DATE:
PROJECT NAME:
LOCATION:
CLIENT:
NO. OF LOTS:
LOT WIDTH:
GROSS ACREAGE:
PROJECT NO.:
PID Private Total Cost
$294,142.25 $1,052,107.90 $1,346,250.15
$0.00 $110,433.00 $110,433.00
$0.00 $1,598,900.00 $1,598,900.00
$366,250.00 $0.00 $366,250.00
$2,638,751.36 $0.00 $2,638,751.36
$1,085,858.95 $0.00 $1,085,858.95
$1,788,339.99 $0.00 $1,788,339.99
$3,335,512.00 $0.00 $3,335,512.00
$9,508,854.55 $2,761,440.90 $12,270,295.45
PID Private Total Cost
$878,290.00 $0.00 $878,290.00
$520,000.00 $0.00 $520,000.00
$0.00 $138,220.68 $138,220.68
$0.00 $368,588.49 $368,588.49
$0.00 $88,484.62 $88,484.62
$1,398,290.00 $595,293.80 $1,993,583.80
PID Private Total Cost
$9,508,854.55 $2,761,440.90 $12,270,295.45
$1,398,290.00 $595,293.80 $1,993,583.80
$10,907,144.55 $3,356,734.70 $14,263,879.25
SUMMARY
Description
CONSTRUCTION COSTS
MISCELLANEOUS COSTS
*** WESTWOOD'S OPINION OF PROBABLE CONSTRUCTION COSTS PROVIDED HEREIN REPRESENT WESTWOOD'S BEST JUDGEMENT AS AN EXPERIENCED AND QUALIFIED
PROFESSIONAL GENERALLY FAMILIAR WITH THE INDUSTRY. HOWEVER, SINCE WESTWOOD HAS NO CONTROL OVER THE COST OF LABOR, MATERIALS, EQUIPMENT, SERVICES
FURNISHED BY OTHERS, THE CONTRACTOR'S METHOD OF DETERMINING PRICES, COMPETITIVE BIDDING OR MARKET CONDITIONS, WESTWOOD CANNOT AND DOES NOT
GUARANTEE THAT PROPOSALS, BIDS OR ACTUAL INDIVIDUAL OR TOTAL CONSTRUCTION COST WILL NOT VARY FROM THE OPINION OF PROBABLE CONSTRUCTION COSTS
PROVIDED BY WESTWOOD HEREIN. ***
NET PROJECT COST
Description
TOTAL CONSTRUCTION COSTS
DISTRICT FORMATION
MISCELLANEOUS COSTS
ENGINEERING & SURVEYING
TOTAL MISCELLANEOUS COST
PERFORMANCE/PAYMENT/MAINTENANCE BOND
INSPECTIONS
TESTING
11000 Frisco Street, Suite 400
Frisco, Texas 75033
972-971-7110
EARTHWORK
EROSION CONTROL
RETAINING WALLS
88.8
R0047821.00
3/6/2026
EXHIBIT B
CIVIL ENGINEERING SITE DEVELOPMENT COSTS
ANNA
TRAVIS BIBER
335
ENGINEER'S OPINION OF PROBABLE CONSTRUCTION COSTS
HURRICANE CREEK PHASE 3
Description
40/50/60
CONSTRUCTION COSTS
ON-SITE PAVING IMPROVEMENTS
STREET LIGHTS & SIGNAGE
ON-SITE SANITARY SEWER SYSTEM
ON-SITE STORM SEWER SYSTEM
ON-SITE WATER DISTRIBUTION SYSTEM
N:\_PLS\G_Drive\JOB\CEN23008_Hurricane_Creek_Phase_3\3_Design\32_Entitlements\325_OPC\PID EOPC\26-0129 Final EOPC\Hurricane Creek Phase 3 PID EOPC_26-0306 Page 2 of 5
DATE:
PROJECT NAME:
LOCATION:
CLIENT:
NO. OF LOTS:
LOT WIDTH:
GROSS ACREAGE:
PROJECT NO.:
PID Private Total Cost
$294,142.25 $1,052,107.90 $1,346,250.15
$0.00 $110,433.00 $110,433.00
$0.00 $1,598,900.00 $1,598,900.00
$366,250.00 $0.00 $366,250.00
$2,638,751.36 $0.00 $2,638,751.36
$1,085,858.95 $0.00 $1,085,858.95
$1,788,339.99 $0.00 $1,788,339.99
$3,335,512.00 $0.00 $3,335,512.00
$9,508,854.55 $2,761,440.90 $12,270,295.45
PID Private Total Cost
$878,290.00 $0.00 $878,290.00
$520,000.00 $0.00 $520,000.00
$0.00 $138,220.68 $138,220.68
$0.00 $368,588.49 $368,588.49
$0.00 $88,484.62 $88,484.62
$1,398,290.00 $595,293.80 $1,993,583.80
PID Private Total Cost
$9,508,854.55 $2,761,440.90 $12,270,295.45
$1,398,290.00 $595,293.80 $1,993,583.80
$10,907,144.55 $3,356,734.70 $14,263,879.25
SUMMARY
Description
CONSTRUCTION COSTS
MISCELLANEOUS COSTS
*** WESTWOOD'S OPINION OF PROBABLE CONSTRUCTION COSTS PROVIDED HEREIN REPRESENT WESTWOOD'S BEST JUDGEMENT AS AN EXPERIENCED AND QUALIFIED
PROFESSIONAL GENERALLY FAMILIAR WITH THE INDUSTRY. HOWEVER, SINCE WESTWOOD HAS NO CONTROL OVER THE COST OF LABOR, MATERIALS, EQUIPMENT, SERVICES
FURNISHED BY OTHERS, THE CONTRACTOR'S METHOD OF DETERMINING PRICES, COMPETITIVE BIDDING OR MARKET CONDITIONS, WESTWOOD CANNOT AND DOES NOT
GUARANTEE THAT PROPOSALS, BIDS OR ACTUAL INDIVIDUAL OR TOTAL CONSTRUCTION COST WILL NOT VARY FROM THE OPINION OF PROBABLE CONSTRUCTION COSTS
PROVIDED BY WESTWOOD HEREIN. ***
NET PROJECT COST
Description
TOTAL CONSTRUCTION COSTS
DISTRICT FORMATION
MISCELLANEOUS COSTS
ENGINEERING & SURVEYING
TOTAL MISCELLANEOUS COST
PERFORMANCE/PAYMENT/MAINTENANCE BOND
INSPECTIONS
TESTING
11000 Frisco Street, Suite 400
Frisco, Texas 75033
972-971-7110
EARTHWORK
EROSION CONTROL
RETAINING WALLS
88.8
R0047821.00
3/6/2026
EXHIBIT B
CIVIL ENGINEERING SITE DEVELOPMENT COSTS
ANNA
TRAVIS BIBER
335
ENGINEER'S OPINION OF PROBABLE CONSTRUCTION COSTS
HURRICANE CREEK PHASE 3
Description
40/50/60
CONSTRUCTION COSTS
ON-SITE PAVING IMPROVEMENTS
STREET LIGHTS & SIGNAGE
ON-SITE SANITARY SEWER SYSTEM
ON-SITE STORM SEWER SYSTEM
ON-SITE WATER DISTRIBUTION SYSTEM
DATE: 3/6/2026 NO. OF LOTS: 335
PROJECT NAME:HURRICANE CREEK PHASE 3 LOT WIDTH: 40/50/60
LOCATION: ANNA GROSS ACREAGE: 88.8
CLIENT: TRAVIS BIBER PROJECT NO.: R0047821.00
CREATED BY: Tanner R. Sheets, P.E
AC 17.0 $5,027.95 $85,475.15
CY 59,790 $3.49 $208,667.10
$294,142.25
8" SDR-26 P.V.C. SANITARY SEWER LF 6,170 $105.53 $651,120.10
8" SDR-35 P.V.C. SANITARY SEWER LF 9,984 $61.46 $613,616.64
4" SEWER LATERAL W/ CLEANOUT EA 335 $1,232.62 $412,927.70
8" SEWER PLUG EA 2 $2,000.00 $4,000.00
4' DIAMETER MANHOLE W/ COATING EA 39 $8,698.57 $339,244.23
5' DIAMETER MANHOLE W/ COATING EA 8 $21,112.36 $168,898.88
5' DIAMETER DROP MANHOLE W/ COATING EA 14 $23,690.51 $331,667.14
MANHOLE VACUUM TESTING EA 61 $200.00 $12,200.00
CONCRETE ENCASEMENT LF 105 $75.33 $7,909.65
CEMENT STABALIZED SAND LF 380 $63.13 $23,989.40
TRENCH SAFETY LF 16,154 $2.54 $41,031.16
TV, AIR & MANDREL TESTING (EXCLUDING GEOTECH)LF 16,154 $1.99 $32,146.46
$2,638,751.36
LF 420 $88.78 $37,287.60
LF 785 $99.08 $77,777.80
LF 1,735 $108.26 $187,831.10
LF 530 $160.08 $84,842.40
LF 515 $191.45 $98,596.75
LF 510 $222.86 $113,658.60
LF 117 $259.33 $30,341.61
EA 18 $7,258.70 $130,656.60
EA 13 $9,721.04 $126,373.52
EA 38 $500.00 $19,000.00
EA 4 $7,000.00 $28,000.00
EA 2 $7,689.31 $15,378.62
EA 1 $1,250.00 $1,250.00
EA 1 $1,250.00 $1,250.00
LF 20 $30.00 $600.00
EA 1 $1,500.00 $1,500.00
EA 1 $1,500.00 $1,500.00
LF 38 $45.00 $1,710.00
EA 1 $2,385.93 $2,385.93
EA 1 $2,500.00 $2,500.00
EA 2 $2,680.77 $5,361.54
EA 1 $3,840.30 $3,840.30
EA 2 $5,236.83 $10,473.66
EA 1 $9,059.17 $9,059.17
EA 1 $11,681.63 $11,681.63
SY 467 $150.28 $70,180.76
LF 4,612 $0.79 $3,643.48
LF 4,612 $1.99 $9,177.88
$1,085,858.95
SUB - TOTAL EXCAVATION
EARTHWORK/EXCAVATION
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
CLEARING AND GRUBBING
UNCLASSIFIED EXCAVATION
11000 Frisco Street, Suite 400
Frisco, Texas 75033
972-971-7110
HURRICANE CREEK PHASE 3 PID COSTS
4' JUNCTION BOX
15' CURB INLET
10' CURB INLET
ON-SITE SANITARY SEWER SYSTEM
36" CLASS III - R.C.P. STORM SEWER
ON-SITE STORM SEWER SYSTEM
UNIT PRICE ITEM COST
DESCRIPTION
48" CLASS III - R.C.P. STORM SEWER
18" CLASS III - R.C.P. STORM SEWER
SUB - TOTAL SANITARY SEWER SYSTEM
APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
DESCRIPTION UNIT
21" CLASS III - R.C.P. STORM SEWER
SUB - TOTAL STORM SEWER SYSTEM
CONNECT TO EXISTING 24" RCP
48" HEADWALL
UNIT
APPROXIMATE
QUANTITY
18" HEADWALL
24" HEADWALL
30" HEADWALL
24"CLASS III - R.C.P. STORM SEWER
30" CLASS III - R.C.P. STORM SEWER
5' JUNCTION BOX
CONNECT TO EXISTING 18" RCP
INLET/SDMH PROTECTOR
42" CLASS III - R.C.P. STORM SEWER
36" HEADWALL
42" HEADWALL
REMOVE EXISTING 18" RCP
21" HEADWALL
REMOVE EXISTING 18" HEADWALL
REMOVE EXISTING 24" RCP
REMOVE EXISTING 24" HEADWALL
18" ROCK RIP-RAP
TRENCH SAFETY
TV TESTING
N:\_PLS\G_Drive\JOB\CEN23008_Hurricane_Creek_Phase_3\3_Design\32_Entitlements\325_OPC\PID EOPC\26-0129 Final EOPC\Hurricane Creek Phase 3 PID EOPC_26-0306 Page 3 of 5
DATE: 3/6/2026 NO. OF LOTS: 335
PROJECT NAME:HURRICANE CREEK PHASE 3 LOT WIDTH: 40/50/60
LOCATION: ANNA GROSS ACREAGE: 88.8
CLIENT: TRAVIS BIBER PROJECT NO.: R0047821.00
CREATED BY: Tanner R. Sheets, P.E
AC 17.0 $5,027.95 $85,475.15
CY 59,790 $3.49 $208,667.10
$294,142.25
8" SDR-26 P.V.C. SANITARY SEWER LF 6,170 $105.53 $651,120.10
8" SDR-35 P.V.C. SANITARY SEWER LF 9,984 $61.46 $613,616.64
4" SEWER LATERAL W/ CLEANOUT EA 335 $1,232.62 $412,927.70
8" SEWER PLUG EA 2 $2,000.00 $4,000.00
4' DIAMETER MANHOLE W/ COATING EA 39 $8,698.57 $339,244.23
5' DIAMETER MANHOLE W/ COATING EA 8 $21,112.36 $168,898.88
5' DIAMETER DROP MANHOLE W/ COATING EA 14 $23,690.51 $331,667.14
MANHOLE VACUUM TESTING EA 61 $200.00 $12,200.00
CONCRETE ENCASEMENT LF 105 $75.33 $7,909.65
CEMENT STABALIZED SAND LF 380 $63.13 $23,989.40
TRENCH SAFETY LF 16,154 $2.54 $41,031.16
TV, AIR & MANDREL TESTING (EXCLUDING GEOTECH)LF 16,154 $1.99 $32,146.46
$2,638,751.36
LF 420 $88.78 $37,287.60
LF 785 $99.08 $77,777.80
LF 1,735 $108.26 $187,831.10
LF 530 $160.08 $84,842.40
LF 515 $191.45 $98,596.75
LF 510 $222.86 $113,658.60
LF 117 $259.33 $30,341.61
EA 18 $7,258.70 $130,656.60
EA 13 $9,721.04 $126,373.52
EA 38 $500.00 $19,000.00
EA 4 $7,000.00 $28,000.00
EA 2 $7,689.31 $15,378.62
EA 1 $1,250.00 $1,250.00
EA 1 $1,250.00 $1,250.00
LF 20 $30.00 $600.00
EA 1 $1,500.00 $1,500.00
EA 1 $1,500.00 $1,500.00
LF 38 $45.00 $1,710.00
EA 1 $2,385.93 $2,385.93
EA 1 $2,500.00 $2,500.00
EA 2 $2,680.77 $5,361.54
EA 1 $3,840.30 $3,840.30
EA 2 $5,236.83 $10,473.66
EA 1 $9,059.17 $9,059.17
EA 1 $11,681.63 $11,681.63
SY 467 $150.28 $70,180.76
LF 4,612 $0.79 $3,643.48
LF 4,612 $1.99 $9,177.88
$1,085,858.95
SUB - TOTAL EXCAVATION
EARTHWORK/EXCAVATION
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
CLEARING AND GRUBBING
UNCLASSIFIED EXCAVATION
11000 Frisco Street, Suite 400
Frisco, Texas 75033
972-971-7110
HURRICANE CREEK PHASE 3 PID COSTS
4' JUNCTION BOX
15' CURB INLET
10' CURB INLET
ON-SITE SANITARY SEWER SYSTEM
36" CLASS III - R.C.P. STORM SEWER
ON-SITE STORM SEWER SYSTEM
UNIT PRICE ITEM COST
DESCRIPTION
48" CLASS III - R.C.P. STORM SEWER
18" CLASS III - R.C.P. STORM SEWER
SUB - TOTAL SANITARY SEWER SYSTEM
APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
DESCRIPTION UNIT
21" CLASS III - R.C.P. STORM SEWER
SUB - TOTAL STORM SEWER SYSTEM
CONNECT TO EXISTING 24" RCP
48" HEADWALL
UNIT
APPROXIMATE
QUANTITY
18" HEADWALL
24" HEADWALL
30" HEADWALL
24"CLASS III - R.C.P. STORM SEWER
30" CLASS III - R.C.P. STORM SEWER
5' JUNCTION BOX
CONNECT TO EXISTING 18" RCP
INLET/SDMH PROTECTOR
42" CLASS III - R.C.P. STORM SEWER
36" HEADWALL
42" HEADWALL
REMOVE EXISTING 18" RCP
21" HEADWALL
REMOVE EXISTING 18" HEADWALL
REMOVE EXISTING 24" RCP
REMOVE EXISTING 24" HEADWALL
18" ROCK RIP-RAP
TRENCH SAFETY
TV TESTING
DATE: 3/6/2026 NO. OF LOTS: 335
PROJECT NAME:HURRICANE CREEK PHASE 3 LOT WIDTH: 40/50/60
LOCATION: ANNA GROSS ACREAGE: 88.8
CLIENT: TRAVIS BIBER PROJECT NO.: R0047821.00
CREATED BY: Tanner R. Sheets, P.E
11000 Frisco Street, Suite 400
Frisco, Texas 75033
972-971-7110
HURRICANE CREEK PHASE 3 PID COSTS
LF 14,403 $48.41 $697,249.23
EA 80 $2,863.52 $229,081.60
8" PLUG EA 1 $2,000.00 $2,000.00
EA 30 $7,793.89 $233,816.70
EA 335 $1,231.26 $412,472.10
2" AUTOMATIC FLUSH VALVE EA 4 $9,868.18 $39,472.72
CONNECT TO EXISTING WATERLINE EA 8 $3,273.10 $26,184.80
CAST IRON FITTINGS TON 7.2 $15,000.00 $108,022.50
LF 14,403 $0.79 $11,378.37
LF 14,403 $1.99 $28,661.97
$1,788,339.99
SY 49,840 $46.25 $2,305,100.00
SY 1,800 $60.00 $108,000.00
SY 56,900 $3.50 $199,150.00
TONS 1,200 $310.00 $372,000.00
LF 865 $20.00 $17,300.00
SY 349 $100.00 $34,900.00
EA 1 $650.00 $650.00
SF 17,856 $6.50 $116,064.00
LF 587 $4.00 $2,348.00
EA 80 $2,250.00 $180,000.00
$3,335,512.00
EA 46 $4,500.00 $207,000.00
LF 3,450 $25.00 $86,250.00
EA 27 $500.00 $13,500.00
EA 2 $500.00 $1,000.00
STREET NAME BLADES (LIGHT POST MOUNTED) EA 62 $500.00 $31,000.00
STREET NAME BLADES (POLE MOUNTED) EA 8 $500.00 $4,000.00
DEAD END SIGN (POLE MOUNTED) EA 5 $500.00 $2,500.00
NO OUTLET SIGN (POLE MOUNTED) EA 5 $500.00 $2,500.00
SPEED LIMIT SIGN (POLE MOUNTED) EA 10 $500.00 $5,000.00
PEDESTRIAN SIGN (POLE MOUNTED EA 4 $500.00 $2,000.00
EA 23 $500.00 $11,500.00
$366,250.00
LS 1 $878,290.00 $878,290.00
LS 1 $520,000.00 $520,000.00
$1,398,290.00
DISTRICT FORMATION
SUB - TOTAL MISCELLANEOUS ITEMS
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
ENGINEERING & SURVEYING (8% OF TOTAL CONSTRUCTION COST)
STOP SIGN (POLE MOUNTED)
UNIT APPROXIMATE
QUANTITY UNIT PRICE
8" GATE VALVE & BOX
8" P.V.C. - C900 WATERLINE
ON-SITE PAVING IMPROVEMENTS
6" REINF. CONCRETE STREET PAVEMENT (31' B-B)
DESCRIPTION
FIRE HYDRANT WITH ASSEMBLY W/ 6" GATE VALVE
TRENCH SAFETY
BARRIER FREE RAMPS
CONNNECT TO EXISTING PAVEMENT
SUB - TOTAL PAVING IMPROVEMENTS
DESCRIPTION UNIT APPROXIMATE
QUANTITY
2" SCHEDULE 40 CONDUIT - OPEN CUT
STOP SIGN (LIGHT POST MOUNTED)
SOFT COSTS
6" LIME STABILIZED SUBGRADE
UNIT APPROXIMATE
QUANTITY
ITEM COST
UNIT PRICE ITEM COST
SIGN POST
STREET LIGHTS - 1 FIXTURE
REMOVE AND REPLACE PAVEMENT
CONCRETE FLUME
CROSSWALK STRIPING
SUB - TOTAL WATER DISTRIBUTION SYSTEM
HYDRATED LIME (42#/SY)
5' CONCRETE SIDEWALK (BY DEVELOPER)
8" REINF. CONCRETE STREET PAVEMENT (2-23' B-B)
TESTING
UNIT PRICE
SUB - TOTAL STREET LIGHTS & SIGNS IMPROVEMENTS
ITEM COST
STREET LIGHTS & SIGNS
ON-SITE WATER DISTRIBUTION SYSTEM
DESCRIPTION
1" SERVICE LINE
N:\_PLS\G_Drive\JOB\CEN23008_Hurricane_Creek_Phase_3\3_Design\32_Entitlements\325_OPC\PID EOPC\26-0129 Final EOPC\Hurricane Creek Phase 3 PID EOPC_26-0306 Page 4 of 5
DATE: 3/6/2026 NO. OF LOTS: 335
PROJECT NAME:HURRICANE CREEK PHASE 3 LOT WIDTH: 40/50/60
LOCATION: ANNA GROSS ACREAGE: 88.8
CLIENT: TRAVIS BIBER PROJECT NO.: R0047821.00
CREATED BY: Tanner R. Sheets, P.E
11000 Frisco Street, Suite 400
Frisco, Texas 75033
972-971-7110
HURRICANE CREEK PHASE 3 PID COSTS
LF 14,403 $48.41 $697,249.23
EA 80 $2,863.52 $229,081.60
8" PLUG EA 1 $2,000.00 $2,000.00
EA 30 $7,793.89 $233,816.70
EA 335 $1,231.26 $412,472.10
2" AUTOMATIC FLUSH VALVE EA 4 $9,868.18 $39,472.72
CONNECT TO EXISTING WATERLINE EA 8 $3,273.10 $26,184.80
CAST IRON FITTINGS TON 7.2 $15,000.00 $108,022.50
LF 14,403 $0.79 $11,378.37
LF 14,403 $1.99 $28,661.97
$1,788,339.99
SY 49,840 $46.25 $2,305,100.00
SY 1,800 $60.00 $108,000.00
SY 56,900 $3.50 $199,150.00
TONS 1,200 $310.00 $372,000.00
LF 865 $20.00 $17,300.00
SY 349 $100.00 $34,900.00
EA 1 $650.00 $650.00
SF 17,856 $6.50 $116,064.00
LF 587 $4.00 $2,348.00
EA 80 $2,250.00 $180,000.00
$3,335,512.00
EA 46 $4,500.00 $207,000.00
LF 3,450 $25.00 $86,250.00
EA 27 $500.00 $13,500.00
EA 2 $500.00 $1,000.00
STREET NAME BLADES (LIGHT POST MOUNTED) EA 62 $500.00 $31,000.00
STREET NAME BLADES (POLE MOUNTED) EA 8 $500.00 $4,000.00
DEAD END SIGN (POLE MOUNTED) EA 5 $500.00 $2,500.00
NO OUTLET SIGN (POLE MOUNTED) EA 5 $500.00 $2,500.00
SPEED LIMIT SIGN (POLE MOUNTED) EA 10 $500.00 $5,000.00
PEDESTRIAN SIGN (POLE MOUNTED EA 4 $500.00 $2,000.00
EA 23 $500.00 $11,500.00
$366,250.00
LS 1 $878,290.00 $878,290.00
LS 1 $520,000.00 $520,000.00
$1,398,290.00
DISTRICT FORMATION
SUB - TOTAL MISCELLANEOUS ITEMS
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
ENGINEERING & SURVEYING (8% OF TOTAL CONSTRUCTION COST)
STOP SIGN (POLE MOUNTED)
UNIT APPROXIMATE
QUANTITY UNIT PRICE
8" GATE VALVE & BOX
8" P.V.C. - C900 WATERLINE
ON-SITE PAVING IMPROVEMENTS
6" REINF. CONCRETE STREET PAVEMENT (31' B-B)
DESCRIPTION
FIRE HYDRANT WITH ASSEMBLY W/ 6" GATE VALVE
TRENCH SAFETY
BARRIER FREE RAMPS
CONNNECT TO EXISTING PAVEMENT
SUB - TOTAL PAVING IMPROVEMENTS
DESCRIPTION UNIT APPROXIMATE
QUANTITY
2" SCHEDULE 40 CONDUIT - OPEN CUT
STOP SIGN (LIGHT POST MOUNTED)
SOFT COSTS
6" LIME STABILIZED SUBGRADE
UNIT APPROXIMATE
QUANTITY
ITEM COST
UNIT PRICE ITEM COST
SIGN POST
STREET LIGHTS - 1 FIXTURE
REMOVE AND REPLACE PAVEMENT
CONCRETE FLUME
CROSSWALK STRIPING
SUB - TOTAL WATER DISTRIBUTION SYSTEM
HYDRATED LIME (42#/SY)
5' CONCRETE SIDEWALK (BY DEVELOPER)
8" REINF. CONCRETE STREET PAVEMENT (2-23' B-B)
TESTING
UNIT PRICE
SUB - TOTAL STREET LIGHTS & SIGNS IMPROVEMENTS
ITEM COST
STREET LIGHTS & SIGNS
ON-SITE WATER DISTRIBUTION SYSTEM
DESCRIPTION
1" SERVICE LINE
DATE: 3/6/2026 NO. OF LOTS: 335
PROJECT NAME:HURRICANE CREEK PHASE 3 LOT WIDTH: 40/50/60
LOCATION: ANNA GROSS ACREAGE: 88.8
CLIENT: TRAVIS BIBER PROJECT NO.: R0047821.00
CREATED BY: Tanner R. Sheets, P.E
AC 52.0 $5,027.95 $261,453.40
CY 179,370 $3.49 $626,001.30
LOT 335 $160.00 $53,600.00
LOT 335 $155.00 $51,925.00
LOT 107 $552.60 $59,128.20
$1,052,107.90
EA 5 $2,500.00 $12,500.00
EA 5 $2,500.00 $12,500.00
LF 11,650 $2.50 $29,125.00
LF 26,635 $0.80 $21,308.00
EA 10 $3,500.00 $35,000.00
$110,433.00
SF 53,120 $25.00 $1,328,000.00
SF 6,020 $45.00 $270,900.00
$1,598,900.00
PERCENT 1.0% $8,848,462.30 $88,484.62
PERCENT 1.5% $9,214,712.30 $138,220.68
PERCENT 4.0% $9,214,712.30 $368,588.49
$595,293.80
INSPECTIONS
SUB - TOTAL MISCELLANEOUS ITEMS
TESTING
PERFORMANCE/PAYMENT/MAINTENANCE BOND
SUB - TOTAL EROSION CONTROL
SOFT COSTS
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
SUB - TOTAL RETAINING WALLS
1'-4' RETAINING WALL
5'+ RETAINING WALL
CONCRETE WASHOUT PIT
SILT FENCE
CURLEX BLANKET
ROCK CHECK DAM
SUB - TOTAL EXCAVATION
RETAINING WALLS
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
EROSION CONTROL
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
STABILIZED CONSTRUCTION ENTRANCE
6 ML POLY CAP
CLEARING AND GRUBBING
UNCLASSIFIED EXCAVATION
ROUGH LOT GRADING
FINAL LOT GRADING
11000 Frisco Street, Suite 400
Frisco, Texas 75033
972-971-7110
HURRICANE CREEK PHASE 3 PRIVATE COSTS
EARTHWORK/EXCAVATION
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
N:\_PLS\G_Drive\JOB\CEN23008_Hurricane_Creek_Phase_3\3_Design\32_Entitlements\325_OPC\PID EOPC\26-0129 Final EOPC\Hurricane Creek Phase 3 PID EOPC_26-0306 Page 5 of 5
DATE: 3/6/2026 NO. OF LOTS: 335
PROJECT NAME:HURRICANE CREEK PHASE 3 LOT WIDTH: 40/50/60
LOCATION: ANNA GROSS ACREAGE: 88.8
CLIENT: TRAVIS BIBER PROJECT NO.: R0047821.00
CREATED BY: Tanner R. Sheets, P.E
AC 52.0 $5,027.95 $261,453.40
CY 179,370 $3.49 $626,001.30
LOT 335 $160.00 $53,600.00
LOT 335 $155.00 $51,925.00
LOT 107 $552.60 $59,128.20
$1,052,107.90
EA 5 $2,500.00 $12,500.00
EA 5 $2,500.00 $12,500.00
LF 11,650 $2.50 $29,125.00
LF 26,635 $0.80 $21,308.00
EA 10 $3,500.00 $35,000.00
$110,433.00
SF 53,120 $25.00 $1,328,000.00
SF 6,020 $45.00 $270,900.00
$1,598,900.00
PERCENT 1.0% $8,848,462.30 $88,484.62
PERCENT 1.5% $9,214,712.30 $138,220.68
PERCENT 4.0% $9,214,712.30 $368,588.49
$595,293.80
INSPECTIONS
SUB - TOTAL MISCELLANEOUS ITEMS
TESTING
PERFORMANCE/PAYMENT/MAINTENANCE BOND
SUB - TOTAL EROSION CONTROL
SOFT COSTS
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
SUB - TOTAL RETAINING WALLS
1'-4' RETAINING WALL
5'+ RETAINING WALL
CONCRETE WASHOUT PIT
SILT FENCE
CURLEX BLANKET
ROCK CHECK DAM
SUB - TOTAL EXCAVATION
RETAINING WALLS
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
EROSION CONTROL
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
STABILIZED CONSTRUCTION ENTRANCE
6 ML POLY CAP
CLEARING AND GRUBBING
UNCLASSIFIED EXCAVATION
ROUGH LOT GRADING
FINAL LOT GRADING
11000 Frisco Street, Suite 400
Frisco, Texas 75033
972-971-7110
HURRICANE CREEK PHASE 3 PRIVATE COSTS
EARTHWORK/EXCAVATION
DESCRIPTION UNIT APPROXIMATE
QUANTITY UNIT PRICE ITEM COST
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HURRICANE CREEK SOUTH
PHASE 2
HURRICANE CREEK SOUTH
PHASE 1
HURRICANE CREEK SOUTH
PHASE 1B
HURRICANE CREEK NORTH
PHASE 1
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PAVING EXHIBIT C
JULY 2025
ANNA-TEXAS
THE VILLAGES OF HURRICANE CREEK - IMPROVEMENT AREA #3 0'450'300'150'
LEGEND
- PAVING
LP
LP
HP
HP
HP
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ROSAMOND PKWY
HURRICANE CREEK SOUTH
PHASE 2
HURRICANE CREEK SOUTH
PHASE 1
HURRICANE CREEK SOUTH
PHASE 1B
HURRICANE CREEK NORTH
PHASE 1
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SANITARY SEWER EXHIBIT D
JULY 2025
ANNA-TEXAS
THE VILLAGES OF HURRICANE CREEK - IMPROVEMENT AREA #3 0'450'300'150'
LEGEND
- 8" SANITARY SEWER
LP
LP
HP
HP
LP
LP
HP
HP
LP
HP
HP
LP
LP
LP
V.G.
V.G.V.G.
V.G.
V.G
.
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V.G
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V.G.
V.G
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LP
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ROSAMOND PKWY
HURRICANE CREEK SOUTH
PHASE 2
HURRICANE CREEK SOUTH
PHASE 1
HURRICANE CREEK SOUTH
PHASE 1B
HURRICANE CREEK NORTH
PHASE 1
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STORM EXHIBIT E
JULY 2025
ANNA-TEXAS
THE VILLAGES OF HURRICANE CREEK - IMPROVEMENT AREA #3 0'450'300'150'
LEGEND
- STORM INFRASTRUCTURE
V.G
.
V.G
.
V.G
.
V.G.
V.G.
V.G
.
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.
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ROSAMOND PKWY
HURRICANE CREEK SOUTH
PHASE 2
HURRICANE CREEK SOUTH
PHASE 1
HURRICANE CREEK SOUTH
PHASE 1B
HURRICANE CREEK NORTH
PHASE 1
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S
WATER MAIN EXHIBIT F
JULY 2025
ANNA-TEXAS
THE VILLAGES OF HURRICANE CREEK - IMPROVEMENT AREA #3 0'450'300'150'
LEGEND
- 8" WATERLINE
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2026 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 150
APPENDIX B – BUYER DISCLOSURES
Forms of the buyer disclosures for the following Lot Types are found in this Appendix:
▪Improvement Area #1
o Lot Type 1
o Lot Type 2
o Lot Type 2821998
o Lot Type 2822012
▪Major Improvement Area
o Major Improvement Area (Less Improvement Area #2)
▪Improvement Area #2
o Improvement Area #2 Initial parcel
o Lot Type 3
o Lot Type 4
o Lot Type 5
o Lot Type 6
o Lot Type 7
▪Improvement Area #3
o Improvement Area #3 Initial Parcel
o Lot Type 8
o Lot Type 9
o Lot Type 10
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #1
LOT TYPE 1 BUYER DISCLOSURE
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1)under a court order or foreclosure sale;
2)by a trustee in bankruptcy;
3)to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4)by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court-ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5)by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6)from one co-owner to another co-owner of an undivided interest in the
real property;
7)to a spouse or a person in the lineal line of consanguinity of the seller;
8)to or from a governmental entity; or
9)of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING1 RETURN TO:
____________________
____________________
____________________
____________________
____________________
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
__________________________________________
STREET ADDRESS
IMPROVEMENT AREA #1 LOT TYPE 1 PRINCIPAL ASSESSMENT: $28,805.06
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]2
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual Installment
Due January 31,Principal Interest[a]
Annual Collection
Costs
Additional
Interest
Total Annual
Installment[b],[c]
2027 627.61$ 1,857.23$ 122.41$ 144.03$ 2,751.28$
2028 670.89$ 1,821.15$ 163.74$ 140.89$ 2,796.66$
2029 714.17$ 1,782.57$ 167.01$ 137.53$ 2,801.29$
2030 735.82$ 1,741.50$ 170.35$ 133.96$ 2,781.64$
2031 800.74$ 1,693.68$ 173.76$ 130.28$ 2,798.46$
2032 844.02$ 1,641.63$ 177.24$ 126.28$ 2,789.17$
2033 908.95$ 1,586.77$ 180.78$ 122.06$ 2,798.56$
2034 952.23$ 1,527.69$ 184.40$ 117.51$ 2,781.83$
2035 1,017.16$ 1,465.79$ 188.08$ 112.75$ 2,783.79$
2036 1,082.08$ 1,399.67$ 191.85$ 107.67$ 2,781.27$
2037 1,168.65$ 1,329.34$ 195.68$ 102.26$ 2,795.93$
2038 1,233.57$ 1,253.38$ 199.60$ 96.41$ 2,782.96$
2039 1,320.14$ 1,173.19$ 203.59$ 90.25$ 2,787.17$
2040 1,406.71$ 1,087.39$ 207.66$ 83.65$ 2,785.40$
2041 1,514.92$ 995.95$ 211.81$ 76.61$ 2,799.29$
2042 1,601.48$ 897.48$ 216.05$ 69.04$ 2,784.05$
2043 1,709.69$ 793.38$ 220.37$ 61.03$ 2,784.48$
2044 1,839.54$ 682.25$ 224.78$ 52.48$ 2,799.05$
2045 1,947.75$ 562.68$ 229.27$ 43.28$ 2,782.99$
2046 2,099.24$ 436.08$ 233.86$ 33.54$ 2,802.73$
2047 2,229.09$ 299.63$ 238.54$ 23.05$ 2,790.31$
2048 2,380.58$ 154.74$ 243.31$ 11.90$ 2,790.53$
Total 28,805.06$ 26,183.17$ 4,344.15$ 2,016.46$ 61,348.84$
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b]The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings,or other available
offsets could increase or decrease the amounts shown.
[c]The projected Annual Installment does not include the TIRZ No. 2 Annual Credit Amount for Lot Type
1.The Assessment Roll shall be updated in each Annual Service Plan Update to include the actual TIRZ
No. 2 Annual Credit Amount applicable to each Lot.
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #1 LOT TYPE 1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #1
LOT TYPE 2 BUYER DISCLOSURE
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1)under a court order or foreclosure sale;
2)by a trustee in bankruptcy;
3)to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4)by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court-ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5)by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6)from one co-owner to another co-owner of an undivided interest in the
real property;
7)to a spouse or a person in the lineal line of consanguinity of the seller;
8)to or from a governmental entity; or
9)of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING4 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: $32,933.47
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]5
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual Installment
Due January 31,Principal Interest[a]
Annual
Collection Costs
Additional
Interest
Total Annual
Installment[b],[c]
2027 717.56$ 2,123.42$ 139.96$ 164.67$ 3,145.60$
2028 767.05$ 2,082.16$ 187.21$ 161.08$ 3,197.49$
2029 816.53$ 2,038.05$ 190.95$ 157.24$ 3,202.78$
2030 841.28$ 1,991.10$ 194.77$ 153.16$ 3,180.31$
2031 915.51$ 1,936.42$ 198.67$ 148.96$ 3,199.55$
2032 964.99$ 1,876.91$ 202.64$ 144.38$ 3,188.92$
2033 1,039.22$ 1,814.19$ 206.69$ 139.55$ 3,199.65$
2034 1,088.71$ 1,746.64$ 210.83$ 134.36$ 3,180.53$
2035 1,162.94$ 1,675.87$ 215.04$ 128.91$ 3,182.77$
2036 1,237.17$ 1,600.28$ 219.34$ 123.10$ 3,179.89$
2037 1,336.14$ 1,519.86$ 223.73$ 116.91$ 3,196.65$
2038 1,410.37$ 1,433.01$ 228.20$ 110.23$ 3,181.82$
2039 1,509.35$ 1,341.34$ 232.77$ 103.18$ 3,186.64$
2040 1,608.32$ 1,243.23$ 237.42$ 95.63$ 3,184.61$
2041 1,732.04$ 1,138.69$ 242.17$ 87.59$ 3,200.49$
2042 1,831.01$ 1,026.11$ 247.02$ 78.93$ 3,183.07$
2043 1,954.73$ 907.09$ 251.96$ 69.78$ 3,183.55$
2044 2,103.19$ 780.04$ 256.99$ 60.00$ 3,200.22$
2045 2,226.91$ 643.33$ 262.13$ 49.49$ 3,181.86$
2046 2,400.11$ 498.58$ 267.38$ 38.35$ 3,204.42$
2047 2,548.57$ 342.57$ 272.72$ 26.35$ 3,190.22$
2048 2,721.77$ 176.92$ 278.18$ 13.61$ 3,190.48$
Total 32,933.47$ 29,935.80$ 4,966.77$ 2,305.47$ 70,141.51$
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b]The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings,or other available
offsets could increase or decrease the amounts shown.
[c]The projected Annual Installment does not include the TIRZ No. 2 Annual Credit Amount for Lot Type
2.The Assessment Roll shall be updated in each Annual Service Plan Update to include the actual TIRZ
No. 2 Annual Credit Amount applicable to each Lot.
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #1 LOT TYPE 2
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #1
LOT TYPE 2821998 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 RECORDING7 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 2821998 PRINCIPAL ASSESSMENT: $25,398.64
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]8
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual Installment
Due January 31,Principal Interest[a]
Annual
Collection Costs
Additional
Interest
Total Annual
Installment[b],[c]
2027 553.39$ 1,637.60$ 107.94$ 126.99$ 2,425.92$
2028 591.55$ 1,605.78$ 144.38$ 124.23$ 2,465.94$
2029 629.72$ 1,571.77$ 147.26$ 121.27$ 2,470.02$
2030 648.80$ 1,535.56$ 150.21$ 118.12$ 2,452.69$
2031 706.05$ 1,493.39$ 153.21$ 114.88$ 2,467.52$
2032 744.21$ 1,447.49$ 156.28$ 111.35$ 2,459.33$
2033 801.46$ 1,399.12$ 159.40$ 107.62$ 2,467.61$
2034 839.62$ 1,347.02$ 162.59$ 103.62$ 2,452.86$
2035 896.87$ 1,292.45$ 165.84$ 99.42$ 2,454.58$
2036 954.12$ 1,234.15$ 169.16$ 94.93$ 2,452.37$
2037 1,030.45$ 1,172.13$ 172.54$ 90.16$ 2,465.29$
2038 1,087.70$ 1,105.16$ 175.99$ 85.01$ 2,453.86$
2039 1,164.02$ 1,034.46$ 179.51$ 79.57$ 2,457.57$
2040 1,240.35$ 958.79$ 183.10$ 73.75$ 2,456.00$
2041 1,335.77$ 878.17$ 186.77$ 67.55$ 2,468.25$
2042 1,412.10$ 791.35$ 190.50$ 60.87$ 2,454.82$
2043 1,507.51$ 699.56$ 194.31$ 53.81$ 2,455.19$
2044 1,622.00$ 601.57$ 198.20$ 46.27$ 2,468.05$
2045 1,717.41$ 496.14$ 202.16$ 38.16$ 2,453.88$
2046 1,850.99$ 384.51$ 206.20$ 29.58$ 2,471.28$
2047 1,965.48$ 264.20$ 210.33$ 20.32$ 2,460.33$
2048 2,099.06$ 136.44$ 214.53$ 10.50$ 2,460.53$
Total 25,398.64$ 23,086.81$ 3,830.42$ 1,778.00$ 54,093.87$
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b]The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings,or other available offsets
could increase or decrease the amounts shown.
[c]The projected Annual Installment does not include the TIRZ No. 2 Annual Credit Amount for Lot Type 1.The
Assessment Roll shall be updated in each Annual Service Plan Update to include the actual TIRZ No. 2 Annual
Credit Amount applicable to each Lot.
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #1 LOT TYPE 2821998
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #1
LOT TYPE 2822012 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 RECORDING10 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 2822012 PRINCIPAL ASSESSMENT: $19,188.00
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]11
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual Installment
Due January 31,Principal Interest[a]
Annual
Collection Costs
Additional
Interest
Total Annual
Installment[b],[c]
2027 418.07$ 1,237.16$ 81.54$ 95.94$ 1,832.72$
2028 446.90$ 1,213.13$ 109.07$ 93.85$ 1,862.95$
2029 475.74$ 1,187.43$ 111.25$ 91.62$ 1,866.03$
2030 490.15$ 1,160.07$ 113.48$ 89.24$ 1,852.94$
2031 533.40$ 1,128.21$ 115.75$ 86.79$ 1,864.15$
2032 562.23$ 1,093.54$ 118.06$ 84.12$ 1,857.96$
2033 605.48$ 1,057.00$ 120.42$ 81.31$ 1,864.21$
2034 634.31$ 1,017.64$ 122.83$ 78.28$ 1,853.07$
2035 677.56$ 976.41$ 125.29$ 75.11$ 1,854.37$
2036 720.81$ 932.37$ 127.80$ 71.72$ 1,852.70$
2037 778.48$ 885.52$ 130.35$ 68.12$ 1,862.46$
2038 821.73$ 834.92$ 132.96$ 64.22$ 1,853.82$
2039 879.39$ 781.50$ 135.62$ 60.12$ 1,856.63$
2040 937.05$ 724.34$ 138.33$ 55.72$ 1,855.45$
2041 1,009.14$ 663.43$ 141.10$ 51.03$ 1,864.70$
2042 1,066.80$ 597.84$ 143.92$ 45.99$ 1,854.55$
2043 1,138.88$ 528.50$ 146.80$ 40.65$ 1,854.83$
2044 1,225.38$ 454.47$ 149.73$ 34.96$ 1,864.54$
2045 1,297.46$ 374.82$ 152.73$ 28.83$ 1,853.84$
2046 1,398.37$ 290.49$ 155.78$ 22.35$ 1,866.99$
2047 1,484.87$ 199.59$ 158.90$ 15.35$ 1,858.72$
2048 1,585.79$ 103.08$ 162.08$ 7.93$ 1,858.87$
Total 19,188.00$ 17,441.48$ 2,893.78$ 1,343.23$ 40,866.49$
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b]The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs,reserve fund requirements,interest earnings,or other available
offsets could increase or decrease the amounts shown.
[c]The projected Annual Installment does not include the TIRZ No.2 Annual Credit Amount for Lot Type
1.The Assessment Roll shall be updated in each Annual Service Plan Update to include the actual TIRZ
No. 2 Annual Credit Amount applicable to each Lot.
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #1 LOT TYPE 2822012
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #2
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 RECORDING13 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 3 PRINCIPAL ASSESSMENT: $28,202.30
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]14
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection
Costs
Total Annual
Installment[c]
2027 419.48$ 1,416.43$ 120.75$ 87.95$ 271.40$ 20.26$ 125.13$ 2,461.41$
2028 438.66$ 1,395.46$ 118.65$ 94.24$ 266.12$ 19.82$ 153.94$ 2,486.89$
2029 462.63$ 1,373.52$ 116.46$ 100.52$ 260.47$ 19.35$ 157.01$ 2,489.97$
2030 488.99$ 1,346.92$ 114.15$ 106.80$ 254.44$ 18.85$ 160.15$ 2,490.31$
2031 517.76$ 1,318.81$ 111.70$ 113.08$ 247.23$ 18.31$ 163.36$ 2,490.25$
2032 546.52$ 1,289.03$ 109.11$ 119.37$ 239.60$ 17.75$ 166.62$ 2,488.01$
2033 577.68$ 1,257.61$ 106.38$ 125.65$ 231.54$ 17.15$ 169.96$ 2,485.97$
2034 613.64$ 1,224.39$ 103.49$ 131.93$ 223.06$ 16.52$ 173.36$ 2,486.39$
2035 647.20$ 1,189.11$ 100.42$ 144.50$ 214.15$ 15.86$ 176.82$ 2,488.07$
2036 685.55$ 1,151.89$ 97.19$ 150.78$ 204.40$ 15.14$ 180.36$ 2,485.31$
2037 726.30$ 1,112.48$ 93.76$ 163.34$ 194.22$ 14.39$ 183.97$ 2,488.46$
2038 769.45$ 1,070.71$ 90.13$ 175.91$ 183.20$ 13.57$ 187.65$ 2,490.61$
2039 814.99$ 1,026.47$ 86.28$ 188.47$ 171.32$ 12.69$ 191.40$ 2,491.63$
2040 862.93$ 979.61$ 82.21$ 194.76$ 158.60$ 11.75$ 195.23$ 2,485.08$
2041 915.67$ 929.99$ 77.89$ 213.60$ 145.45$ 10.77$ 199.13$ 2,492.51$
2042 968.40$ 877.34$ 73.31$ 226.17$ 131.04$ 9.71$ 203.11$ 2,489.08$
2043 1,025.93$ 821.66$ 68.47$ 238.73$ 115.77$ 8.58$ 207.18$ 2,486.31$
2044 1,090.65$ 760.10$ 63.34$ 257.58$ 99.66$ 7.38$ 211.32$ 2,490.03$
2045 1,157.77$ 694.66$ 57.89$ 276.43$ 82.27$ 6.09$ 215.55$ 2,490.65$
2046 1,232.08$ 625.19$ 52.10$ 295.28$ 63.61$ 4.71$ 219.86$ 2,492.82$
2047 1,308.78$ 551.27$ 45.94$ 314.12$ 43.68$ 3.24$ 224.26$ 2,491.28$
2048 1,390.28$ 472.74$ 39.40$ 332.97$ 22.48$ 1.66$ 228.74$ 2,488.27$
2049 1,476.57$ 389.33$ 32.44$ -$ -$ -$ 186.24$ 2,084.58$
2050 1,570.06$ 300.73$ 25.06$ -$ -$ -$ 189.96$ 2,085.81$
2051 1,668.34$ 206.53$ 17.21$ -$ -$ -$ 193.76$ 2,085.84$
2052 1,773.80$ 106.43$ 8.87$ -$ -$ -$ 197.64$ 2,086.74$
Total 24,150.11$ 23,888.41$ 2,012.61$ 4,052.19$ 3,823.71$ 283.56$ 4,861.69$ 63,072.27$
Footnotes:
[a] Interest on the Improvement Area #2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028,
2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and
2048, respectively.
[c] 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.
Improvement Area #2 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #2 LOT TYPE 3
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #2
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 RECORDING16 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 4 PRINCIPAL ASSESSMENT: $32,413.56
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]17
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection
Costs
Total Annual
Installment[c]
2027 483.24$ 1,631.74$ 139.11$ 99.68$ 307.59$ 22.96$ 143.78$ 2,828.10$
2028 505.34$ 1,607.58$ 136.69$ 106.80$ 301.61$ 22.46$ 176.75$ 2,857.23$
2029 532.95$ 1,582.31$ 134.16$ 113.92$ 295.20$ 21.93$ 180.29$ 2,860.76$
2030 563.33$ 1,551.66$ 131.50$ 121.04$ 288.36$ 21.36$ 183.90$ 2,861.15$
2031 596.46$ 1,519.27$ 128.68$ 128.16$ 280.19$ 20.76$ 187.57$ 2,861.10$
2032 629.60$ 1,484.98$ 125.70$ 135.28$ 271.54$ 20.11$ 191.33$ 2,858.54$
2033 665.50$ 1,448.77$ 122.55$ 142.40$ 262.41$ 19.44$ 195.15$ 2,856.23$
2034 706.92$ 1,410.51$ 119.22$ 149.52$ 252.80$ 18.73$ 199.05$ 2,856.75$
2035 745.58$ 1,369.86$ 115.69$ 163.76$ 242.71$ 17.98$ 203.04$ 2,858.61$
2036 789.76$ 1,326.99$ 111.96$ 170.88$ 231.65$ 17.16$ 207.10$ 2,855.50$
2037 836.70$ 1,281.58$ 108.01$ 185.12$ 220.12$ 16.31$ 211.24$ 2,859.08$
2038 886.41$ 1,233.47$ 103.83$ 199.36$ 207.62$ 15.38$ 215.46$ 2,861.53$
2039 938.88$ 1,182.50$ 99.40$ 213.60$ 194.17$ 14.38$ 219.77$ 2,862.70$
2040 994.10$ 1,128.51$ 94.70$ 220.72$ 179.75$ 13.31$ 224.17$ 2,855.27$
2041 1,054.85$ 1,071.35$ 89.73$ 242.08$ 164.85$ 12.21$ 228.65$ 2,863.73$
2042 1,115.60$ 1,010.70$ 84.46$ 256.32$ 148.51$ 11.00$ 233.22$ 2,859.82$
2043 1,181.88$ 946.55$ 78.88$ 270.56$ 131.21$ 9.72$ 237.89$ 2,856.69$
2044 1,256.44$ 875.64$ 72.97$ 291.92$ 112.94$ 8.37$ 242.65$ 2,860.93$
2045 1,333.76$ 800.25$ 66.69$ 313.29$ 93.24$ 6.91$ 247.50$ 2,861.63$
2046 1,419.36$ 720.23$ 60.02$ 334.65$ 72.09$ 5.34$ 252.45$ 2,864.13$
2047 1,507.72$ 635.07$ 52.92$ 356.01$ 49.50$ 3.67$ 257.50$ 2,862.39$
2048 1,601.61$ 544.60$ 45.38$ 377.37$ 25.47$ 1.89$ 262.65$ 2,858.97$
2049 1,701.02$ 448.51$ 37.38$ -$ -$ -$ 214.55$ 2,401.45$
2050 1,808.72$ 346.45$ 28.87$ -$ -$ -$ 218.84$ 2,402.87$
2051 1,921.93$ 237.92$ 19.83$ -$ -$ -$ 223.21$ 2,402.90$
2052 2,043.43$ 122.61$ 10.22$ -$ -$ -$ 227.68$ 2,403.94$
Total 27,821.09$ 27,519.60$ 2,318.54$ 4,592.48$ 4,333.54$ 321.37$ 5,585.38$ 72,491.99$
Footnotes:
[a] Interest on the Improvement Area #2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of
9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and
2048, respectively.
[c] 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.
Improvement Area #2 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #2 LOT TYPE 4
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 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 RECORDING19 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: $41,946.96
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]20
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection
Costs
Total Annual
Installment[c]
2027 625.38$ 2,111.66$ 180.02$ 129.00$ 398.06$ 29.72$ 186.07$ 3,659.89$
2028 653.96$ 2,080.39$ 176.89$ 138.21$ 390.32$ 29.07$ 228.74$ 3,697.59$
2029 689.70$ 2,047.69$ 173.62$ 147.43$ 382.02$ 28.38$ 233.32$ 3,702.16$
2030 729.01$ 2,008.04$ 170.17$ 156.64$ 373.18$ 27.64$ 237.98$ 3,702.66$
2031 771.89$ 1,966.12$ 166.53$ 165.86$ 362.60$ 26.86$ 242.74$ 3,702.60$
2032 814.77$ 1,921.73$ 162.67$ 175.07$ 351.41$ 26.03$ 247.60$ 3,699.29$
2033 861.23$ 1,874.88$ 158.60$ 184.29$ 339.59$ 25.15$ 252.55$ 3,696.29$
2034 914.83$ 1,825.36$ 154.29$ 193.50$ 327.15$ 24.23$ 257.60$ 3,696.97$
2035 964.86$ 1,772.76$ 149.71$ 211.93$ 314.09$ 23.27$ 262.75$ 3,699.38$
2036 1,022.04$ 1,717.28$ 144.89$ 221.14$ 299.79$ 22.21$ 268.01$ 3,695.36$
2037 1,082.79$ 1,658.51$ 139.78$ 239.57$ 284.86$ 21.10$ 273.37$ 3,699.99$
2038 1,147.12$ 1,596.25$ 134.37$ 258.00$ 268.69$ 19.90$ 278.83$ 3,703.16$
2039 1,215.02$ 1,530.29$ 128.63$ 276.43$ 251.27$ 18.61$ 284.41$ 3,704.67$
2040 1,286.49$ 1,460.43$ 122.56$ 285.64$ 232.61$ 17.23$ 290.10$ 3,695.06$
2041 1,365.11$ 1,386.46$ 116.12$ 313.29$ 213.33$ 15.80$ 295.90$ 3,706.01$
2042 1,443.72$ 1,307.96$ 109.30$ 331.71$ 192.19$ 14.24$ 301.82$ 3,700.94$
2043 1,529.49$ 1,224.95$ 102.08$ 350.14$ 169.80$ 12.58$ 307.86$ 3,696.89$
2044 1,625.98$ 1,133.18$ 94.43$ 377.79$ 146.16$ 10.83$ 314.01$ 3,702.37$
2045 1,726.04$ 1,035.62$ 86.30$ 405.43$ 120.66$ 8.94$ 320.29$ 3,703.28$
2046 1,836.82$ 932.06$ 77.67$ 433.07$ 93.29$ 6.91$ 326.70$ 3,706.52$
2047 1,951.17$ 821.85$ 68.49$ 460.71$ 64.06$ 4.75$ 333.23$ 3,704.26$
2048 2,072.67$ 704.78$ 58.73$ 488.36$ 32.96$ 2.44$ 339.90$ 3,699.84$
2049 2,201.32$ 580.42$ 48.37$ -$ -$ -$ 277.65$ 3,107.76$
2050 2,340.69$ 448.34$ 37.36$ -$ -$ -$ 283.20$ 3,109.60$
2051 2,487.21$ 307.90$ 25.66$ -$ -$ -$ 288.87$ 3,109.63$
2052 2,644.44$ 158.67$ 13.22$ -$ -$ -$ 294.64$ 3,110.98$
Total 36,003.76$ 35,613.60$ 3,000.46$ 5,943.21$ 5,608.11$ 415.89$ 7,228.14$ 93,813.16$
Footnotes:
[a] Interest on the Improvement Area #2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of
9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and
2048, respectively.
[c] 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.
Improvement Area #2 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #2 LOT TYPE 5
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 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 RECORDING22 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: $45,760.32
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]23
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection
Costs
Total Annual
Installment[c]
2027 682.23$ 2,303.63$ 196.38$ 140.73$ 434.24$ 32.42$ 202.98$ 3,992.61$
2028 713.42$ 2,269.52$ 192.97$ 150.78$ 425.80$ 31.71$ 249.54$ 4,033.74$
2029 752.40$ 2,233.85$ 189.41$ 160.83$ 416.75$ 30.96$ 254.53$ 4,038.72$
2030 795.28$ 2,190.58$ 185.64$ 170.88$ 407.10$ 30.16$ 259.62$ 4,039.27$
2031 842.06$ 2,144.86$ 181.67$ 180.93$ 395.57$ 29.30$ 264.81$ 4,039.20$
2032 888.85$ 2,096.44$ 177.46$ 190.99$ 383.36$ 28.40$ 270.11$ 4,035.58$
2033 939.53$ 2,045.33$ 173.01$ 201.04$ 370.46$ 27.44$ 275.51$ 4,032.32$
2034 998.00$ 1,991.31$ 168.32$ 211.09$ 356.89$ 26.44$ 281.02$ 4,033.06$
2035 1,052.58$ 1,933.92$ 163.33$ 231.19$ 342.65$ 25.38$ 286.64$ 4,035.69$
2036 1,114.96$ 1,873.40$ 158.06$ 241.25$ 327.04$ 24.23$ 292.37$ 4,031.30$
2037 1,181.23$ 1,809.29$ 152.49$ 261.35$ 310.76$ 23.02$ 298.22$ 4,036.35$
2038 1,251.40$ 1,741.37$ 146.58$ 281.45$ 293.11$ 21.71$ 304.18$ 4,039.81$
2039 1,325.47$ 1,669.41$ 140.32$ 301.56$ 274.12$ 20.30$ 310.27$ 4,041.45$
2040 1,403.44$ 1,593.20$ 133.70$ 311.61$ 253.76$ 18.80$ 316.47$ 4,030.97$
2041 1,489.21$ 1,512.50$ 126.68$ 341.77$ 232.73$ 17.24$ 322.80$ 4,042.92$
2042 1,574.97$ 1,426.87$ 119.23$ 361.87$ 209.66$ 15.53$ 329.26$ 4,037.39$
2043 1,668.53$ 1,336.31$ 111.36$ 381.97$ 185.23$ 13.72$ 335.84$ 4,032.97$
2044 1,773.79$ 1,236.20$ 103.02$ 412.13$ 159.45$ 11.81$ 342.56$ 4,038.95$
2045 1,882.95$ 1,129.77$ 94.15$ 442.29$ 131.63$ 9.75$ 349.41$ 4,039.94$
2046 2,003.80$ 1,016.79$ 84.73$ 472.44$ 101.78$ 7.54$ 356.40$ 4,043.48$
2047 2,128.55$ 896.56$ 74.71$ 502.60$ 69.89$ 5.18$ 363.53$ 4,041.02$
2048 2,261.10$ 768.85$ 64.07$ 532.75$ 35.96$ 2.66$ 370.80$ 4,036.19$
2049 2,401.44$ 633.19$ 52.77$ -$ -$ -$ 302.89$ 3,390.28$
2050 2,553.48$ 489.10$ 40.76$ -$ -$ -$ 308.95$ 3,392.29$
2051 2,713.32$ 335.89$ 27.99$ -$ -$ -$ 315.13$ 3,392.32$
2052 2,884.85$ 173.09$ 14.42$ -$ -$ -$ 321.43$ 3,393.79$
Total 39,276.83$ 38,851.20$ 3,273.23$ 6,483.50$ 6,117.93$ 453.69$ 7,885.24$ 102,341.63$
Footnotes:
[a] Interest on the Improvement Area #2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028,
2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048,
respectively.
[c] 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.
Improvement Area #2 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #2 LOT TYPE 6
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #2
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 RECORDING25 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 7 PRINCIPAL ASSESSMENT: $49,573.69
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]26
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection
Costs
Total Annual
Installment[c]
2027 739.08$ 2,495.60$ 212.75$ 152.45$ 470.43$ 35.12$ 219.90$ 4,325.33$
2028 772.87$ 2,458.64$ 209.05$ 163.34$ 461.28$ 34.36$ 270.33$ 4,369.88$
2029 815.10$ 2,420.00$ 205.19$ 174.23$ 451.48$ 33.54$ 275.74$ 4,375.28$
2030 861.56$ 2,373.13$ 201.11$ 185.12$ 441.03$ 32.67$ 281.25$ 4,375.88$
2031 912.24$ 2,323.59$ 196.81$ 196.01$ 428.53$ 31.74$ 286.88$ 4,375.80$
2032 962.92$ 2,271.14$ 192.25$ 206.90$ 415.30$ 30.76$ 292.61$ 4,371.88$
2033 1,017.82$ 2,215.77$ 187.43$ 217.79$ 401.34$ 29.73$ 298.47$ 4,368.35$
2034 1,081.17$ 2,157.25$ 182.34$ 228.68$ 386.64$ 28.64$ 304.44$ 4,369.15$
2035 1,140.29$ 2,095.08$ 176.94$ 250.46$ 371.20$ 27.50$ 310.53$ 4,371.99$
2036 1,207.87$ 2,029.51$ 171.23$ 261.35$ 354.29$ 26.24$ 316.74$ 4,367.24$
2037 1,279.66$ 1,960.06$ 165.19$ 283.13$ 336.65$ 24.94$ 323.07$ 4,372.71$
2038 1,355.68$ 1,886.48$ 158.80$ 304.91$ 317.54$ 23.52$ 329.53$ 4,376.46$
2039 1,435.93$ 1,808.53$ 152.02$ 326.69$ 296.96$ 22.00$ 336.12$ 4,378.24$
2040 1,520.39$ 1,725.96$ 144.84$ 337.58$ 274.91$ 20.36$ 342.84$ 4,366.89$
2041 1,613.31$ 1,638.54$ 137.24$ 370.25$ 252.12$ 18.68$ 349.70$ 4,379.83$
2042 1,706.22$ 1,545.78$ 129.17$ 392.03$ 227.13$ 16.82$ 356.70$ 4,373.84$
2043 1,807.58$ 1,447.67$ 120.64$ 413.80$ 200.67$ 14.86$ 363.83$ 4,369.05$
2044 1,921.61$ 1,339.21$ 111.60$ 446.47$ 172.74$ 12.80$ 371.11$ 4,375.53$
2045 2,039.86$ 1,223.92$ 101.99$ 479.14$ 142.60$ 10.56$ 378.53$ 4,376.60$
2046 2,170.78$ 1,101.52$ 91.79$ 511.81$ 110.26$ 8.17$ 386.10$ 4,380.44$
2047 2,305.93$ 971.28$ 80.94$ 544.48$ 75.71$ 5.61$ 393.82$ 4,377.77$
2048 2,449.52$ 832.92$ 69.41$ 577.15$ 38.96$ 2.89$ 401.70$ 4,372.54$
2049 2,601.56$ 685.95$ 57.16$ -$ -$ -$ 328.13$ 3,672.81$
2050 2,766.27$ 529.86$ 44.15$ -$ -$ -$ 334.69$ 3,674.98$
2051 2,939.43$ 363.88$ 30.32$ -$ -$ -$ 341.39$ 3,675.02$
2052 3,125.25$ 187.52$ 15.63$ -$ -$ -$ 348.21$ 3,676.61$
Total 42,549.90$ 42,088.80$ 3,546.00$ 7,023.79$ 6,627.76$ 491.50$ 8,542.35$ 110,870.10$
Footnotes:
[a] Interest on the Improvement Area #2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of
9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029
and 2048, respectively.
[c] 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.
Improvement Area #2 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #2 LOT TYPE 7
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #3
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 RECORDING28 RETURN TO:
____________________
____________________
____________________
____________________
____________________
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
__________________________________________
STREET ADDRESS
IMPROVEMENT AREA #3 IMPROVEMENT AREA #3 INITIAL PARCEL PRINCIPAL
ASSESSMENT: $15,135,233.71
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]29
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection Costs
Total Annual
Installment[c]
2026[d],[e]-$ 331,143.00$ -$ -$ -$ -$ -$ -$
2027 144,000.00$ 924,120.00$ 67,950.00$ 33,539.96$ 103,494.72$ 7,726.17$ 47,516.11$ 1,328,346.96$
2028 153,000.00$ 914,328.00$ 67,230.00$ 35,935.67$ 101,482.33$ 7,558.47$ 52,644.40$ 1,332,178.86$
2029 163,000.00$ 903,924.00$ 66,465.00$ 38,331.38$ 99,326.19$ 7,378.79$ 53,697.29$ 1,332,122.64$
2030 174,000.00$ 892,840.00$ 65,650.00$ 40,727.09$ 97,026.30$ 7,187.13$ 54,771.23$ 1,332,201.76$
2031 187,000.00$ 881,008.00$ 64,780.00$ 43,122.80$ 94,277.22$ 6,983.50$ 55,866.66$ 1,333,038.18$
2032 200,000.00$ 868,292.00$ 63,845.00$ 45,518.51$ 91,366.43$ 6,767.88$ 56,983.99$ 1,332,773.82$
2033 214,000.00$ 854,692.00$ 62,845.00$ 47,914.22$ 88,293.94$ 6,540.29$ 58,123.67$ 1,332,409.12$
2034 230,000.00$ 840,140.00$ 61,775.00$ 50,309.93$ 85,059.73$ 6,300.72$ 59,286.15$ 1,332,871.53$
2035 245,000.00$ 824,500.00$ 60,625.00$ 55,101.36$ 81,663.80$ 6,049.17$ 60,471.87$ 1,333,411.20$
2036 263,000.00$ 807,840.00$ 59,400.00$ 57,497.07$ 77,944.46$ 5,773.66$ 61,681.30$ 1,333,136.49$
2037 281,000.00$ 789,956.00$ 58,085.00$ 62,288.49$ 74,063.41$ 5,486.18$ 62,914.93$ 1,333,794.01$
2038 300,000.00$ 770,848.00$ 56,680.00$ 67,079.91$ 69,858.94$ 5,174.74$ 64,173.22$ 1,333,814.81$
2039 320,000.00$ 750,448.00$ 55,180.00$ 71,871.34$ 65,331.04$ 4,839.34$ 65,456.69$ 1,333,126.40$
2040 345,000.00$ 728,688.00$ 53,580.00$ 74,267.05$ 60,479.73$ 4,479.98$ 66,765.83$ 1,333,260.58$
2041 367,000.00$ 705,228.00$ 51,855.00$ 81,454.18$ 55,466.70$ 4,108.64$ 68,101.14$ 1,333,213.67$
2042 394,000.00$ 680,272.00$ 50,020.00$ 86,245.60$ 49,968.55$ 3,701.37$ 69,463.16$ 1,333,670.68$
2043 423,000.00$ 653,480.00$ 48,050.00$ 91,037.02$ 44,146.97$ 3,270.15$ 70,852.43$ 1,333,836.57$
2044 452,000.00$ 624,716.00$ 45,935.00$ 98,224.16$ 38,001.97$ 2,814.96$ 72,269.48$ 1,333,961.57$
2045 484,000.00$ 593,980.00$ 43,675.00$ 105,411.29$ 31,371.84$ 2,323.84$ 73,714.87$ 1,334,476.83$
2046 518,000.00$ 561,068.00$ 41,255.00$ 112,598.43$ 24,256.58$ 1,796.78$ 75,189.17$ 1,334,163.95$
2047 556,000.00$ 525,844.00$ 38,665.00$ 119,785.56$ 16,656.18$ 1,233.79$ 76,692.95$ 1,334,877.48$
2048 596,000.00$ 488,036.00$ 35,885.00$ 126,972.69$ 8,570.66$ 634.86$ 78,226.80$ 1,334,326.01$
2049 638,000.00$ 447,508.00$ 32,905.00$ -$ -$ -$ 61,839.19$ 1,180,252.19$
2050 684,000.00$ 404,124.00$ 29,715.00$ -$ -$ -$ 63,075.97$ 1,180,914.97$
2051 733,000.00$ 357,612.00$ 26,295.00$ -$ -$ -$ 64,337.49$ 1,181,244.49$
2052 785,000.00$ 307,768.00$ 22,630.00$ -$ -$ -$ 65,624.24$ 1,181,022.24$
2053 841,000.00$ 254,388.00$ 18,705.00$ -$ -$ -$ 66,936.72$ 1,181,029.72$
2054 901,000.00$ 197,200.00$ 14,500.00$ -$ -$ -$ 68,275.46$ 1,180,975.46$
2055 965,000.00$ 135,932.00$ 9,995.00$ -$ -$ -$ 69,640.97$ 1,180,567.97$
2056 1,034,000.00$ 70,312.00$ 5,170.00$ -$ -$ -$ 71,033.79$ 1,180,515.79$
Total 13,590,000.00$ 19,090,235.00$ 1,379,345.00$ 1,545,233.71$ 1,458,107.68$ 108,130.42$ 1,935,627.16$ 38,775,535.97$
Footnotes:
[a] Interest on the Improvement Area #3 Bond is estimated at a 5.95% interest rate for bonds with a maturity of 2056 per the City's Financial Advisor.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048, respectively.
[c] 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.
[d] No Assessment collected on 1/31/2026 for the Improvement Area #3 Bonds and capitalized interest is contemplated for the 9/1/2026 debt service payment.
[e] Improvement Area #3's allocable share of the Major Improvement Area Assessment Annual Installment has been collected as of 1/31/2026, and is not included
in the total outstanding Assessment for the Major Improvement Area.
Improvement Area #3 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #3 IMPROVEMENT AREA #3
INITIAL PARCEL
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #3
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 RECORDING31 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 8 PRINCIPAL ASSESSMENT: $35,583.51
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]32
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection
Costs
Total Annual
Installment[c]
2027 334.11$ 2,144.13$ 157.66$ 87.95$ 271.40$ 20.26$ 112.52$ 3,128.03$
2028 354.99$ 2,121.41$ 155.99$ 94.24$ 266.12$ 19.82$ 125.72$ 3,138.29$
2029 378.19$ 2,097.27$ 154.21$ 100.52$ 260.47$ 19.35$ 128.24$ 3,138.25$
2030 403.71$ 2,071.55$ 152.32$ 106.80$ 254.44$ 18.85$ 130.80$ 3,138.48$
2031 433.87$ 2,044.10$ 150.30$ 113.08$ 247.23$ 18.31$ 133.42$ 3,140.33$
2032 464.04$ 2,014.60$ 148.13$ 119.37$ 239.60$ 17.75$ 136.09$ 3,139.57$
2033 496.52$ 1,983.04$ 145.81$ 125.65$ 231.54$ 17.15$ 138.81$ 3,138.53$
2034 533.64$ 1,949.28$ 143.33$ 131.93$ 223.06$ 16.52$ 141.59$ 3,139.35$
2035 568.45$ 1,912.99$ 140.66$ 144.50$ 214.15$ 15.86$ 144.42$ 3,141.03$
2036 610.21$ 1,874.34$ 137.82$ 150.78$ 204.40$ 15.14$ 147.31$ 3,139.99$
2037 651.97$ 1,832.84$ 134.77$ 163.34$ 194.22$ 14.39$ 150.25$ 3,141.79$
2038 696.06$ 1,788.51$ 131.51$ 175.91$ 183.20$ 13.57$ 153.26$ 3,142.01$
2039 742.46$ 1,741.18$ 128.03$ 188.47$ 171.32$ 12.69$ 156.32$ 3,140.47$
2040 800.46$ 1,690.69$ 124.32$ 194.76$ 158.60$ 11.75$ 159.45$ 3,140.02$
2041 851.51$ 1,636.26$ 120.31$ 213.60$ 145.45$ 10.77$ 162.64$ 3,140.55$
2042 914.15$ 1,578.36$ 116.06$ 226.17$ 131.04$ 9.71$ 165.89$ 3,141.37$
2043 981.44$ 1,516.19$ 111.48$ 238.73$ 115.77$ 8.58$ 169.21$ 3,141.41$
2044 1,048.72$ 1,449.46$ 106.58$ 257.58$ 99.66$ 7.38$ 172.59$ 3,141.97$
2045 1,122.97$ 1,378.14$ 101.33$ 276.43$ 82.27$ 6.09$ 176.04$ 3,143.28$
2046 1,201.86$ 1,301.78$ 95.72$ 295.28$ 63.61$ 4.71$ 179.56$ 3,142.52$
2047 1,290.02$ 1,220.06$ 89.71$ 314.12$ 43.68$ 3.24$ 183.16$ 3,143.98$
2048 1,382.83$ 1,132.33$ 83.26$ 332.97$ 22.48$ 1.66$ 186.82$ 3,142.35$
2049 1,480.28$ 1,038.30$ 76.35$ -$ -$ -$ 143.48$ 2,738.40$
2050 1,587.01$ 937.64$ 68.94$ -$ -$ -$ 146.35$ 2,739.94$
2051 1,700.70$ 829.73$ 61.01$ -$ -$ -$ 149.27$ 2,740.71$
2052 1,821.35$ 714.08$ 52.51$ -$ -$ -$ 152.26$ 2,740.19$
2053 1,951.28$ 590.23$ 43.40$ -$ -$ -$ 155.31$ 2,740.21$
2054 2,090.49$ 457.54$ 33.64$ -$ -$ -$ 158.41$ 2,740.08$
2055 2,238.98$ 315.39$ 23.19$ -$ -$ -$ 161.58$ 2,739.14$
2056 2,399.07$ 163.14$ 12.00$ -$ -$ -$ 164.81$ 2,739.02$
Total 31,531.32$ 44,292.89$ 3,200.34$ 4,052.19$ 3,823.71$ 283.56$ 4,585.57$ 91,001.26$
Footnotes:
[a] Interest on the Improvement Area #3 Bond is estimated at a 5.95% interest rate for bonds with a maturity of 2056 per the City's Financial Advisor.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048,
respectively.
[c] 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.
[d] 9/1/2026 interest payment for Improvement Area #3 Bonds will be paid from Capitalized Interest collected at bond issuance.
Improvement Area #3 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #3 LOT TYPE 8
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #3
LOT TYPE 9 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 RECORDING34 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 9 PRINCIPAL ASSESSMENT: $45,132.75
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]35
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection
Costs
Total Annual
Installment[c]
2027 429.57$ 2,756.74$ 202.70$ 99.68$ 307.59$ 22.96$ 141.66$ 3,960.90$
2028 456.41$ 2,727.53$ 200.55$ 106.80$ 301.61$ 22.46$ 156.91$ 3,972.28$
2029 486.24$ 2,696.49$ 198.27$ 113.92$ 295.20$ 21.93$ 160.05$ 3,972.11$
2030 519.06$ 2,663.43$ 195.84$ 121.04$ 288.36$ 21.36$ 163.25$ 3,972.34$
2031 557.84$ 2,628.13$ 193.24$ 128.16$ 280.19$ 20.76$ 166.52$ 3,974.84$
2032 596.62$ 2,590.20$ 190.46$ 135.28$ 271.54$ 20.11$ 169.85$ 3,974.06$
2033 638.38$ 2,549.63$ 187.47$ 142.40$ 262.41$ 19.44$ 173.24$ 3,972.98$
2034 686.11$ 2,506.22$ 184.28$ 149.52$ 252.80$ 18.73$ 176.71$ 3,974.37$
2035 730.86$ 2,459.56$ 180.85$ 163.76$ 242.71$ 17.98$ 180.24$ 3,975.96$
2036 784.55$ 2,409.86$ 177.20$ 170.88$ 231.65$ 17.16$ 183.85$ 3,975.16$
2037 838.25$ 2,356.51$ 173.27$ 185.12$ 220.12$ 16.31$ 187.52$ 3,977.11$
2038 894.93$ 2,299.51$ 169.08$ 199.36$ 207.62$ 15.38$ 191.28$ 3,977.16$
2039 954.59$ 2,238.66$ 164.61$ 213.60$ 194.17$ 14.38$ 195.10$ 3,975.11$
2040 1,029.17$ 2,173.75$ 159.83$ 220.72$ 179.75$ 13.31$ 199.00$ 3,975.54$
2041 1,094.80$ 2,103.76$ 154.69$ 242.08$ 164.85$ 12.21$ 202.98$ 3,975.37$
2042 1,175.34$ 2,029.32$ 149.21$ 256.32$ 148.51$ 11.00$ 207.04$ 3,976.75$
2043 1,261.85$ 1,949.39$ 143.34$ 270.56$ 131.21$ 9.72$ 211.18$ 3,977.25$
2044 1,348.36$ 1,863.59$ 137.03$ 291.92$ 112.94$ 8.37$ 215.41$ 3,977.62$
2045 1,443.82$ 1,771.90$ 130.29$ 313.29$ 93.24$ 6.91$ 219.71$ 3,979.15$
2046 1,545.24$ 1,673.72$ 123.07$ 334.65$ 72.09$ 5.34$ 224.11$ 3,978.22$
2047 1,658.60$ 1,568.64$ 115.34$ 356.01$ 49.50$ 3.67$ 228.59$ 3,980.35$
2048 1,777.93$ 1,455.86$ 107.05$ 377.37$ 25.47$ 1.89$ 233.16$ 3,978.72$
2049 1,903.22$ 1,334.96$ 98.16$ -$ -$ -$ 184.47$ 3,520.81$
2050 2,040.44$ 1,205.54$ 88.64$ -$ -$ -$ 188.16$ 3,522.78$
2051 2,186.61$ 1,066.79$ 78.44$ -$ -$ -$ 191.92$ 3,523.77$
2052 2,341.73$ 918.10$ 67.51$ -$ -$ -$ 195.76$ 3,523.10$
2053 2,508.78$ 758.86$ 55.80$ -$ -$ -$ 199.68$ 3,523.12$
2054 2,687.77$ 588.27$ 43.25$ -$ -$ -$ 203.67$ 3,522.96$
2055 2,878.69$ 405.50$ 29.82$ -$ -$ -$ 207.75$ 3,521.75$
2056 3,084.52$ 209.75$ 15.42$ -$ -$ -$ 211.90$ 3,521.59$
Total 40,540.27$ 56,948.00$ 4,114.72$ 4,592.48$ 4,333.54$ 321.37$ 5,770.70$ 115,633.24$
Footnotes:
[a] Interest on the Improvement Area #3 Bond is estimated at a 5.95% interest rate for bonds with a maturity of 2056 per the City's Financial
Advisor.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and
2048, respectively.
[c] 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.
[d] 9/1/2026 interest payment for Improvement Area #3 Bonds will be paid from Capitalized Interest collected at bond issuance.
Improvement Area #2 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #3 LOT TYPE 9
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IMPROVEMENT AREA #3
LOT TYPE 10 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 RECORDING37 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 10 PRINCIPAL ASSESSMENT: $54,817.06
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 Hurricane Creek Public Improvement District (the "District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. 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.
37 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER]38
38 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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
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]39
39 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.
DATE: DATE:
SIGNATURE OF SELLER SIGNATURE OF SELLER
STATE OF TEXAS §
§
COUNTY OF ________ §
The foregoing instrument was acknowledged before me by ______________________ and
____________________ , known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this _________________, 20__.
Notary Public, State of Texas]4
______________
4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Collin County.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installments
Due 1/31 Principal Interest [a]
Additional
Interest Principal Interest [b]
Additional
Interest
Total Annual
Collection
Costs
Total Annual
Installment[c]
2027 525.02$ 3,369.35$ 247.75$ 114.34$ 352.82$ 26.34$ 171.46$ 4,807.08$
2028 557.84$ 3,333.65$ 245.12$ 122.51$ 345.96$ 25.77$ 189.14$ 4,819.98$
2029 594.30$ 3,295.71$ 242.33$ 130.68$ 338.61$ 25.15$ 192.92$ 4,819.70$
2030 634.41$ 3,255.30$ 239.36$ 138.84$ 330.77$ 24.50$ 196.78$ 4,819.96$
2031 681.80$ 3,212.16$ 236.19$ 147.01$ 321.40$ 23.81$ 200.71$ 4,823.08$
2032 729.20$ 3,165.80$ 232.78$ 155.18$ 311.48$ 23.07$ 204.73$ 4,822.23$
2033 780.25$ 3,116.21$ 229.13$ 163.34$ 301.00$ 22.30$ 208.82$ 4,821.05$
2034 838.58$ 3,063.16$ 225.23$ 171.51$ 289.98$ 21.48$ 213.00$ 4,822.93$
2035 893.27$ 3,006.13$ 221.04$ 187.85$ 278.40$ 20.62$ 217.26$ 4,824.57$
2036 958.90$ 2,945.39$ 216.57$ 196.01$ 265.72$ 19.68$ 221.60$ 4,823.88$
2037 1,024.53$ 2,880.18$ 211.78$ 212.35$ 252.49$ 18.70$ 226.03$ 4,826.06$
2038 1,093.80$ 2,810.52$ 206.66$ 228.68$ 238.16$ 17.64$ 230.56$ 4,826.01$
2039 1,166.72$ 2,736.14$ 201.19$ 245.02$ 222.72$ 16.50$ 235.17$ 4,823.45$
2040 1,257.87$ 2,656.80$ 195.35$ 253.18$ 206.18$ 15.27$ 239.87$ 4,824.53$
2041 1,338.08$ 2,571.27$ 189.06$ 277.68$ 189.09$ 14.01$ 244.67$ 4,823.86$
2042 1,436.53$ 2,480.28$ 182.37$ 294.02$ 170.35$ 12.62$ 249.56$ 4,825.72$
2043 1,542.26$ 2,382.59$ 175.19$ 310.35$ 150.50$ 11.15$ 254.55$ 4,826.60$
2044 1,647.99$ 2,277.72$ 167.48$ 334.86$ 129.55$ 9.60$ 259.64$ 4,826.84$
2045 1,764.67$ 2,165.65$ 159.24$ 359.36$ 106.95$ 7.92$ 264.84$ 4,828.62$
2046 1,888.63$ 2,045.66$ 150.42$ 383.86$ 82.69$ 6.13$ 270.13$ 4,827.51$
2047 2,027.18$ 1,917.23$ 140.97$ 408.36$ 56.78$ 4.21$ 275.53$ 4,830.27$
2048 2,173.02$ 1,779.38$ 130.84$ 432.86$ 29.22$ 2.16$ 281.05$ 4,828.53$
2049 2,326.15$ 1,631.62$ 119.97$ -$ -$ -$ 225.47$ 4,303.21$
2050 2,493.87$ 1,473.44$ 108.34$ -$ -$ -$ 229.98$ 4,305.62$
2051 2,672.52$ 1,303.86$ 95.87$ -$ -$ -$ 234.57$ 4,306.82$
2052 2,862.11$ 1,122.12$ 82.51$ -$ -$ -$ 239.27$ 4,306.01$
2053 3,066.29$ 927.50$ 68.20$ -$ -$ -$ 244.05$ 4,306.04$
2054 3,285.05$ 718.99$ 52.87$ -$ -$ -$ 248.93$ 4,305.84$
2055 3,518.40$ 495.61$ 36.44$ -$ -$ -$ 253.91$ 4,304.36$
2056 3,769.97$ 256.36$ 18.85$ -$ -$ -$ 258.99$ 4,304.17$
Total 49,549.22$ 69,603.11$ 5,029.10$ 5,267.84$ 4,970.82$ 368.63$ 6,983.18$ 140,564.55$
Footnotes:
[a] Interest on the Improvement Area #3 Bond is estimated at a 5.95% interest rate for bonds with a maturity of 2056 per the City's Financial
Advisor.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and
2048, respectively.
[c] 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.
[d] 9/1/2026 interest payment for Improvement Area #3 Bonds will be paid from Capitalized Interest collected at bond issuance.
Improvement Area #2 Bond Major Improvement Area Bond
ANNUAL INSTALLMENTS ‐ IMPROVEMENT AREA #3 LOT TYPE 10