HomeMy WebLinkAboutRes 2020-11-825 PH on Creation of PID (Sherley Tract)CITY OF ANNA, TEXAS
RESOLUTION NO. . 00� I Lin
A RESOLUTION SETTING A PUBLIC HEARING UNDER SEC. 372.009 OF
THE TEXAS LOCAL GOVERNMENT CODE ON THE ADVISABILITY OF
THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT AND
IMPROVEMENTS WITHIN THE EXTRATERRITORIAL JURISDICTION
OF THE CITY OF ANNA, TEXAS; AND AUTHORIZING THE ISSUANCE OF
NOTICE BY THE CITY SECRETARY OF ANNA, TEXAS REGARDING THE
PUBLIC HEARING.
WHEREAS, the City of Anna, Texas (the "C�"), is authorized under Chapter 372 of the
Texas Local Government Code (the "Act"), to create a public improvement district within its
corporate limits and its extraterritorial jurisdiction (the "ETJ"); and
WHEREAS, on October 20, 2020, MM Anna 325, LLC, a Texas limited liability company,
the owner of (1) taxable real property representing more than 50 percent of the appraised value of
taxable real property liable for assessment under the proposal, as determined by the current roll of the
appraisal district in which the property is located and (2) record owner of real property liable for
assessment under the proposal who: (A) constitutes more than 50 percent of all record owners of
property that is liable for assessment under the proposal; or (B) owns taxable real property that
constitutes more than 50 percent of the area of all taxable real property that is liable for assessment
under the proposal (the "Petitioner"), within the ETJ of the City, submitted and filed with the City
Secretary of Anna (the "City Secretary") a certain Petition for the Creation of a Public Improvement
District Within the Extraterritorial Jurisdiction of the City of Anna, Texas for the Sherley Tract
Public Improvement District No. 2 ("Petition"), attached as Exhibit A, requesting the establishment
of the Sherley Tract Public Improvement District No. 2 for approximately 289.751 acres of property
within the ETJ of the City (the "District"); and
WHEREAS, said petition described public improvements that the property desires to be
made within the public improvement district; and
WHEREAS, the City Council of Anna, Texas (the "City Council") will hold a public hearing
in accordance with Section 372.009 of the Act regarding the advisability of establishing the District,
the nature of the improvements contemplated, the estimated costs of the improvements, the
boundaries of the District, the method of assessment, and the apportionment, if any, of the costs; and
WHEREAS, it is hereby officially found and determined that the meeting at which this
resolution was considered was open to the public, and public notice of the time, place and purpose of
said meeting was given, all as required by Chapter 551, Texas Government Code; and
WHEREAS, in order to hold a public hearing for the creation of a public improvement
district, notice must be given in a newspaper of general circulation in the municipality before the 15�'
day before the date of the hearing, and written notice must be mailed to the current address of each
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Page 1 of 13
owner, as reflected on the tax rolls, of property that would be subject to assessment under the
proposed public improvement district; and
WHEREAS, both newspaper notice and mailed notice must contain the information required
for notice as provided for in Section 372.009 of the Act; and
WHEREAS, the City Council has determined to hold a public hearing on December 8, 2020
on the creation of a public improvement district; and
WHEREAS, the City Council finds that the passage of this Resolution is in the best interest
of the citizens of the City.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ANNA, TEXAS:
Section 1: All of the above recitals are hereby found to be true and correct factual
determinations of the City and are hereby approved and incorporated by reference as though fully set
forth herein.
Section 2: City Staff reviewed the Petition and determined that the same complied with the
requirements of the Act and the City Council accepts the Petition.
Section 3: That a public hearing is hereby called for Decembej 8, 2020, at 6:30 p.m. at Sue
Rattan Elementary School, 1221 S Ferguson Plr
vy, Anna, TX 75409 or other location. as designated
by the City and issued pursuant to the form of the Notice attached as Exhibit B, for the purpose of
hearing public testimony with respect to the advisability of establishing the District, the nature of the
improvements contemplated, the estimated costs of the improvements, the boundaries of the District,
the method of assessment, and the apportionment, if any, of the costs.
.Section As
At such time and place the City Council will hear testimony regarding the creation
of the proposed public improvement district and the City Council may, within its sole discretion,
consider the adoption of a resolution authorizing the creation of the proposed public improvement
district.
Section 5: Attached hereto as Exhibit A is the Petition for the Creation of a Public
Improvement District within the Extraterritorial Jurisdiction of the City of Anna, Texas for the
Sherley Tract Public Improvement District No. 2, which includes a metes and bounds description for
the District.
Section 6: Attached hereto as Exhibit B is a form of the Notice of Public Hearing (the
"Notice") the form and substance of which is hereby adopted and approved; provided that the
location and time is subject to change as designated by the City.
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Section 7: Attached hereto as Exhibit C is a legal description of the approximately 289.751
acres of property to be included in the proposed public improvement district.
Section 8: The City Secretary is hereby authorized and directed to cause said Notice to be
published in substantially the form attached hereto, in a newspaper of general circulation in the City
and the part of the ETJ of the City where the District is located, and to mail a copy of said Notice to
all landowners within the boundaries of the proposed public improvement district as required by law.
The City Secretary shall provide Notice on or before NovenZber 20, 2020, which is before the 151h day
before the December 8, 2020 hearing.
Section 9: If any portion of this resolution shall, for any reason, be declared invalid by any
court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and
the City Council hereby determines that it would have adopted this resolution without the invalid
provision.
Section 10: This resolution shall be in full force and effect from and after its passage, and it is
accordingly so resolved.
PASSED AND APPROVED ON THIS IOTHDAYOFNOVEMBER 2020.
ATTEST:
Carrie L. Land, City Secretary
ev„iauawuuv�APPROVED:
®F A/V;
•'.� l
Nat&r;tke, Mayor
Page 3 of 13
EXHIBIT A
Petition for the Creation of a Public Improvement District
Resolution Com_
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CITY OF ANNA, TEXAS
NOTICE OF PUBLIC HEARING REGARDING THE CREATION OF A PUBLIC IMPROVEMENT
DISTRICT
Pursuant to Section 372.009(c) and (d) of the Texas Local Government Code, as amended (the "Act"),
notice is hereby given that the City Council of the City of Anna, Texas ("C"), will hold a public hearing to
accept public comments and discuss the petition (the "Petition"), filed by MM Anna 325, LLC, a Texas
limited liability company (the "Petitioner"), requesting that the City create the Sherley Tract Public
hnprovement District No. 2 (the "District") to include property owned by the Petitioner and further
described herein (the "Property").
Time and Place of the Hearin. The public hearing will start at 6:30 p.rn. on Decembet8, 2020 at Stte
Rattan Elementary School, 1221 S Ferguson Pkwy, Anna, TX 75409.
General Nature of the Proposed Authorized ImUrovements. The general nature of the proposed public
improvements (collectively, the "Authorized Improvements") may include: (i) street and roadway
improvements, including related sidewalks, drainage, utility relocation, signalization, landscaping, lighting,
signage, off-street parking and right-of-way; (ii) establishment or improvement of parks and open space,
together with the design, construction and maintenance of any ancillary structures, features or amenities such
as trails, playgrounds, walkways, lighting and any similar items located therein; (iii) sidewalks and
landscaping, including entry monuments and features, fountains, lighting and signage; (iv) acquisition,
construction, and improvement of water, wastewater- and drainage improvements and facilities; (v) projects
similar to those listed in subsections (i) - (iv) above authorized by the Act, including similar off-site projects
that provide a benefit to the property within the District; (vi) special supplemental services for improvement
and promotion of the district; (vii) payment of costs associated with operating and maintaining the public
improvements listed in subparagraphs (i) - (vi) above; and (viii) payment of costs associated with developing
and financing the public improvements listed in subparagraphs (i) - (vi) above, and costs of establishing,
administering and operating the District. These Authorized Improvements shall promote the interests of the
City and confer a special benefit upon the Property.
Estimated Cost of the Authorized Improvements. The estimated cost to design, acquire and construct the
Authorized Improvements, together with bond issuance costs, eligible legal and financial fees, eligible credit
enhancement costs and eligible costs incurred in establishment, administration and operation of the District is
not to exceed $32,000,000.
Proposed District Boundaries. The District is proposed to include approximately 289.751 acres of land
generally located west of U.S. Highway 75 and north of Roseway Street, located within the extrater7itorial
jurisdiction of the City and as more particularly described by a metes and bounds description available at Anna
City Hall located 111 N. Parkway, Anna, Texas 75409 and available for public inspection.
Proposed Method of Assessment. The City shall levy assessments on each parcel within the District in a
manner that results in imposing equal shares of the costs on property similarly benefited. All assessments may
be paid in Rill at any time (including interest and principal), and certain assessments may be paid in annual
installments (including interest and principal). If an assessment is allowed to be paid in installments, then the
installments must be paid in amounts necessary to meet annual costs for those Authorized Improvements
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financed by the assessment, and must continue for a period necessary to retire the indebtedness of those
Authorized Improvements (including interest).
Proposed Apportionment of Cost between the District and the City- The City will not be obligated to
provide any funds to finance the Authorized Improvements, except for assessments levied on real property
within the District and possible tax increment reinvestment zone revenue. All of the costs of the Authorized
Improvements will be paid from assessments and from other sources of funds, if any, available to the
Petitioner, and possible tax increment reinvestment zone revenue
During the public hearing, any interested person may speak for or against the establishment of the District and
the advisability of the improvements to be made for the benefit of the property within the District.
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EXHIBIT C
Metes and Bounds and Depiction
Tract I —Boundary of 0.833 Acres
BEING that certain tract of land situated in the W. Rattan Survey, Abstract Number 752, Collin County,
Texas, being a portion of that Tract of land described in deed to BFB ANA 40 Acres, LLC recorded in
Instrument Number 20190412000390800 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 ata 5/8 inch iron rod cap stamped "Peloton" found for the southwest corner of said BFB ANA
40 Acres Tract, the southeast corner of that certain tract of land described in deed as Tract 1 to MM Anna 325,
LLC recorded in Instrument Number 20190411000386110 and being in the north line of that certain tract of
land described in deed to One Anna Two, LTD. recorded in Instrument Number 20070201000151600 of said
O.P.R.C.C.T.
THENCE N OS° 15' 18" E, 533.77 feet to a 5/8 inch iron rod cap stamped "Peloton" set and the beginning of a
curve to the left;
THENCE with said curve to the left, having an arc distance of 30.78 feet, through a central angle of O1° 50'
13", having a radius of 960.00 feet, the long chord which bears S 13° 28' 00" E, 30.78 feet to a 5/8 inch iron
rod cap stamped "Peloton" set;
THENCE S 140
23' 07" E, 120.30 feet to a 5/8 inch iron rod cap stamped "Peloton" set and the beginning of a
curve to the right;
THENCE with said curve to the right, having an arc distance of 101.47 feet, through a central angle of 120
30'
04, having a radius of 465.07 feet, the long chord which bears S 08° 14 28 E, 101.27 feet to a 5/8 inch iron
rod cap stamped "Peloton" set;
THENCE S O 1 ° 59' 25" E, 283.25 feet to a 5/8 inch iron rod cap stamped "Peloton" set;
THENCE S 890 04'42"
W, 110.31 feet to the POINT OF BEGINNING and containing 0.833 acres or 36,303
square feet more or less.
"Integral parts of this document"
1. Description - 1 Page
2. Exhibit - 1 Page
"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
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by the creation or reconfiguration of the boundary of the political subdivision for
which it was prepared."
Tract II — Boundary of 288.918 Acres
BEING that certain tract of land situated in the J. Kincade Survey, Abstract Number 5095 the J. Boyle Survey,
Abstract Number 105, the J. Roberts Survey, Abstract Number 760, the J. Ellet Survey, Abstract Number 296,
and the W. Rattan Survey, Abstract Number 752, Collin County, Texas, being all of that land described in
deed to MM Anna 325, LLC Tract 1 recorded in Instrument Number 20190411000386110 of the Official
Public Records of Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and
bounds as follows:
BEGINNING ata 1/2 inch iron rod found for the most southerly line of said MM Anna 325, LLC Tract 1 and
being in the north line of that tract of land described in deed to CADG Hurricane Creek, LLC Tract 2 recorded
in Instrument Number 201505290000631020 of said O.P.R.C.C.T.;
THENCE N 00° 42' 12" W, 232.26 feet to a 1/2 inch iron rod found;
THENCE S 88° 18' S0" W, 793.96 feet to a 3/8 inch iron rod found for the south line of said MM Anna 325,
LLC Tract 1 and being in the northeast corner said CADG Hurricane Creek LLC (Tract 1);
THENCE along the common line between said MM Anna 325, LLC Tract 1 and said CADG Hun•icane Creels
LLC (Tract 1) the following bearings and distances:
S 89° OS' 29" W, 1757.67 feet to a 5/8 inch iron rod found;
S 880
18' 31" W, 742.84 feet to a 1/2 inch iron rod found;
S 880
59' 33" W, 427.28 feet to a 1/2 inch iron rod stamped "GEER 3288" found;
THENCE departing said CADG Hurricane Creek, LLC Tract 1 along the common line between said MM
Anna 325, LLC Tract 1 and that tract of land described in deed to Blue Spruce L.P. recorded in Instrument
Number 19940826000793830 of the O.P.R.C.C.T. the following bearings and distances:
N 610
49' 20" E, 205.61 feet;
N 190
24' 17" E, 181.73 feet;
N 380
49' 43" E, 172.63 feet;
N 200
25' 25" E, 121.13 feet;
N 490 53' 5
8" E, 215.37 feet;
N 040 32' 42"E
, 69.40 feet;
THENCE N 300
41' 24" W, 236.43 feet departing said Blue Spruce L.P, tract along the common line of said
MM Anna 325, LLC Tract 1 and that tract of land described in deed to Kimberly Powell recorded in Volume
5820 Page 2130 of the O.P.R.C.C.T.;
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Thence continuing along said MM Anna 325, LLC Tract 1 and said Kimberly Powell tract the following
bearings and distances:
N 21 ° 14 27 W, 129.45 feet;
N 11° 58' 09" W, 106.75 feet;
N 09° 26' 49" W, 132.42 feet;
N 17° 32' 12" W, 108.70 feet;
THENCE N 03° 35' 21" E, 118.10 feet departing said Kimberly Powell tract along the common line of said
MM Anna 325, LLC Tract 1 and that tract of land described in deed to Harrison and Janet Smith recorded in
Instrument Number 19920612000392310 of the O.P.R.C.C.T.;
Thence continuing along said MM Anna 325, LLC Tract 1 and said Kimberly Powell tract the following
bearings and distances:
N 16° 24' 37" E, 135.67 feet;
N 06° 20' S7" E, 127.72 feet;
N 18° 30' 44" E, 70.24 feet;
N 10° 53' S3" E, 77.78 feet;
N 19° 15' OS" E, 240.38 feet;
THENCE departing said Hai7ison and Janet Smith tract along the common line of said MM Anna 325, LLC
Tract 1 and that tract of land described in deed to Dasara, LLC recorded in Instrument Number
20150123000077570 of the O.P.R.C.C.T. the following bearings and distances:
N 59° 17' 04" E, 231.36 feet;
N 390
06' 49" E, 113.71 feet;
N 18° 28' 30" E, 79.37 feet;
N 450 20' 5
5" E, 130.09 feet;
N 240 0
1' 10" E, 163.50 feet;
N 290
16' 45" E, 139.03 feet;
N 070
19' 23" W, 145.67 feet;
N 220
22' 47" E, 72.91 feet;
N 660
09' 44" E, 68.86 feet;
N 49° 46' S2" E, 125.19 feet;
Resolution � °.��
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N Z:)° 25 25 E, 105.50 feet;
N 41 ° 12 S3" E, 204.93 feet;
E, 122.72 feet;
N 40° 33' 22" E, 129.29 feet;
N O 1 ° 34' S4" E, 105.14 feet;
THENCE N 30° 43' 16" E, 12.80 feet departing said Dasara, LLC tract across the common line of said MM
Anna 325, LLC Tract 1 and that tract of land described in deed to Donna Peeler recorded in Volume 4972
Page 5535 of the O.P.R.C.C.T.;
THENCE departing said Donna Peeler tract along the common line of said MM Anna 325, LLC Tract 1 and
that tract of land described in deed to Risland Mantua LLC recorded in Instrument Number
20180625000783630 of the O.P.R.C.C.T. the following bearings and distances:
N 88° 46' S2" E, 274.56 feet to a 1/2 inch iron rod stamped "GEER" found;
N 89° 03' O1" E, 938.03 feet to a 1/2 inch iron rod stamped "GEER" found;
THENCE departing said Risland Mantua LLC tract along the common line of said MM Anna 325, LLC Tract
1 and that tract of land described in deed to Hurricane Creels Estates (Unrecorded) the following bearings and
distances:
S 02° 31' 07" E, 46.18 feet to a 1/2 inch iron rod found;
S 000
43' S5" E, 239.62 feet to a 1/2 inch iron rod found;
S 000
54' 34" E, 240.98 feet to a 5/8 inch iron r•od found;
S 000
35' 30" E, 240.11 feet to a 1/2 inch iron rod stamped "GEER" found;
S 000
46' 25" E, 193.73 feet to a 1/2 inch iron rod stamped "GEER" found;
S 000 41' 5
1" E, 159.37 feet to a 1/2 inch iron stamped "GEER" found;
S 02° 15' 5
0" W, 136.17 feet;
S 000 41' 12"E
, 97.40 feet;
00c'41'
S
12" E, 20.05 feet;
N 430 06' 5
5" E, 28.85 feet;
N 360
57' S7" E, 59.11 feet;
S 810
37' 00" E, 76.35 feet;
N 64° 47' 48" E, 51.43 feet;
Resolution r` ��
Page 10 of 13
S 23° 02 34 E, 61.07 feet;
N 53° 19 07 E, 45.87 feet;
S 82° 24' 22" E, 25.36 feet;
E, 56.11 feet;
S 48° 02' S9" E, 22.02 feet;
THENCE departing said Hut-ticane Creels Estates tract along the common line of said MM Anna 325, LLC
Tract 1 and that tract of land described in plat to Urban Crossing Block B tract recorded in Instrument Number
2013-568 of the Plat Records, Collin County, Texas (P.R.C.C.T.) the following bearings and distances:
S 02° 04' 20" E, 28.82 feet to a 1/2 inch iron rod stamped "G.M. GEER" found;
S 00° OS' OS" E, 119.18 feet to a 1/2 inch iron rod stamped "G.M. GEER" found;
S 89° 47' 13" E, 602.59 feet to a 1/2 inch iron rod found;
N 88° 59' 00" E, 933.16 feet to a 1/2 inch iron rod stamped "CORWIN" found;
N 88° 55' 42" E, 491.23 feet;
THENCE S 04° 03' 22" E, 703.80 feet departing said Urban Crossing Block B tract along the common line of
said MM Anna 325, LLC Tract 1 and that tract of land described in deed to Sheikh Alam tract recorded in
Volume 4335 Page 955 of the O.P.R.C.C.T. to a 5/8 inch iron rod stamped "PELOTON" found;
THENCE departing said Sheikh Alam tract along the conunon line of said MM Amla 325, LLC Tract 1 and
that tract of land described in deed to BFB Ana 40 Acres, I.D. tract recorded in Instrument Number
20190412000390800 of the O.P.R.C.C.T. the following bearings and distances:
S 880
44' 00" W, 60.25 feet for the beginning of a curve to the right;
With said curve to the right, having an arc distance of 99.55 feet, through a central angle of 03° 42'
13"5 having a radius of 1,540.00 feet, and the long chord which bears S 13° 52 00 W, 99.53 feet;
S I S° 43' 07" W, 512.37 feet for the beginning of a curve to the left;
With said curve to the left, having an arc distance of 473.61 feet, through a central angle of 28° 16'
00", having a radius of 960.00 feet, and the long chord which bears S O1 ° 35' 07" W, 468.82 feet;
THENCE S OS° 15' 18" W, 533.77 feet to the most southerly southeast corner of said MM Anna 325, LLC
Tract 1 and the northeast corner of said CADG Hurricane Creek, LLC Tract 2 to an iron rod found;
THENCE S 890
04' 42" W, 1,154.08 feet to the POINT OF BEGINNING and containing 288.918 acres or
12,585,251 square feet more or less.
Resolution v e`� J
Page 11 of 13
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Resolution ��i� —
Page 12 of 13
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Page 13 of 13
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Resolution
Page 13 of 13
PETITION FOR THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT
WITHIN THE EXTRATERRITORIAL JURISDICTION OF THE CITY OF ANNA,
TEXAS FOR THE SHERLEY TRACT PUBLIC IMPROVEMENT DISTRICT NO.2
This petition ("Petition") is submitted and filed with the City Secretary of the City of Anna,
Texas ("City"), by MM Anna 325, LLC (the "Petitioner"), the owner of approximately 289.751
acres of real property located within the proposed boundaries of the District, as hereinafter defined.
Acting pursuant to the provisions of Chapter 372, Texas Local Government Code, as amended (the
"Act"), the Petitioner requests that the City create a public improvement district (the "District"),
to include property located within the extraterritorial jurisdiction of the City (the "Property"), more
particularly described by a metes and bounds description in Exhibit A and depicted in Exhibit B.
In support of this Petition, the Petitioner would present the following:
Section 1. General Nature of the Authorized Improvements. The general nature of the
proposed public improvements (collectively, the "Authorized Improvements") may include: (i)
street and roadway improvements, including related sidewalks, drainage, utility relocation,
signalization, landscaping, lighting, signage, off-street parking and right-of-way; (ii) establishment
or improvement of parks and open space, together with the design, construction and maintenance
of any ancillary structures, features or amenities such as trails, playgrounds, walkways, lighting
and any similar items located therein; (iii) sidewalks and landscaping, including entry monuments
and features, fountains, lighting and signage; (iv) acquisition, construction, and improvement of
water, wastewater and drainage improvements and facilities; (v) projects similar to those listed in
subsections (i) - (iv) above authorized by the Act, including similar off-site projects that provide a
benefit to the property within the District; (vi) special supplemental services for improvement and
promotion of the district; (vii) payment of costs associated with operating and maintaining the
public improvements listed in subparagraphs (i) - (vi) above; and (viii) payment of costs associated
with developing and financing the public improvements listed in subparagraphs (i) - (vi) above,
and costs of establishing, administering and operating the Distri
ct. These Authorized
Improvements shall promote the interests of the City and confer a special benefit upon the
Property.
Section 2. Estimated Cost of the Authorized Improvements. The estimated cost to design,
acquire, and construct the Authorized Improvements, together with bond issuance costs, eligible
legal and financial fees, eligible credit enhancement costs and eligible costs incurred in the
establishment, administration, and operation of the District, is $32,000,000.00. The City will pay
none of the costs of the proposed improvements from funds other than such assessments. The
remaining costs of the proposed improvements will be paid from sources other than the City or
assessments of property owners.
Section 3. Boundaries of the Proposed District. The Distri
Property.
Sherley Tract PID No. 2 Petition
ct is proposed to include the
Page 1
Section 4. Proposed Method of Assessment. The City shall levy assessments on each
parcel within the District in a manner that results in imposing equal shares of the costs on property
similarly benefited. All assessments may be paid in full at any time (including interest and
)rincipal), and certain assessments may be paid in annual installments (including interest and
principal). If an assessment is allowed to be paid in installments, then the installments must be
paid in amounts necessary to meet annual costs for those Authorized Improvements financed by
the assessment, and must continue for a period necessary to retire the indebtedness of those
Authorized Improvements (including interest).
Section 5. Proposed Apportionment of Costs between the District and the City. The City
will not be obligated to provide any funds to finance the Authorized Improvements, other than
from assessments levied on the District and possible tax increment reinvestment zone revenue.
The Petitioner may also pay certain costs of the improvements from other funds available to the
Petitioner, and possible tax increment reinvestment zone revenue.
Section 6. Management of the District. The Petitioner proposes that the District be
managed by the City, with the assistance of a consultant, who shall, from time to time, advise the
City regarding certain operations of the District.
Section 7. The Petitioner Requests Establishment of the District. The persons signing this
Petition request the establishment of the District and are duly authorized to execute and deliver the
Petition.
Section 8. Advisory Board. The Petitioner proposes that the District be established and
managed without the creation of an advisory board. If an advisory board is created, the Petitioner
requests that a representative of the Petitioner be appointed to the advisory board.
Section 9. Landowner(s). This Petition has been signed by (1) the owners of taxable real
property representing more than 50 percent of the appraised value of taxable real property liable
for assessment under the proposal, as determined by the current roll of the appraisal district in
which the property is located; and (2) record owners of real property liable for assessment under
the proposal who: (A) constitute more than 50 percent of all record owners of property that is liable
for assessment under the proposal; or (B) own taxable real property that constitutes more than 50
percent of the area of all taxable real property that is liable for assessment under the proposal.
This Petition is hereby filed with the City Secretary of the City, or other officer performing
the functions of the municipal secretary., in support of the creation of the District by
the City Council of the City as herein provided. The undersigned request that the City Council of
the City call a public hearing on the advisability of the Authorized Improvements, give notice
thereof as provided by law and grant all matters requested in this Petition and grant such other
relief, in law or in equity, to which Petitioner may show itself to be entitled.
Sherley Tract PID No. 2 Petition Page 2
RESPECTFULLY SUBMITTED, on this the 3(� day of October, 2020.
PETITIONER:
MM Anna 325, LLC,
a Texas limited liability company
By: MMM Ventures, LLC,
a Texas limited liability company
Its Manager
By: 2M Ventures, LLC,
a Delaware limited liability company
Its Manager
By:
Name: Mehrdad Moaye i
Its: Manager
STATE OF TEXAS §
COUNTY OF DALLAS §
This instrument was acknowledged before me on the 0�.�day of October, 2020 by
Mehrdad Moayedi, Manager of 2M Ventures, LLC, as Manager of MMM Ventures, LLC, as
Manager of MM Anna 325, LLC, a Texas limited liability company on behalf of said company.
iv otary
Y P(���i� SHARON JARRELLS
�i+: Notary Public, State of Texas
�*`s Comm, Expires 08-23-2022
x„11%` Notary ID 131695192
Sherley Tract PID No. 2 Petition
State of 'Texas
EXHIBIT A
Metes and Bounds Description
Approximately 289.751 Acres
Tract I —Boundary of 0.833 Acres
BEING that certain tract of land situated in the W. Rattan Survey, Abstract Number 752, Collin County,
Texas, being a portion of that Tract of land described in deed to BFB ANA 40 Acres, LLC recorded in
Instrument Number 20190412000390800 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 ata 5/8 inch iron rod cap stamped "Peloton" found for the southwest corner of said BFB
ANA 40 Acres Tract, the southeast corner of that certain tract of land described in deed as Tract 1 to MM
Anna 325, LLC recorded in Instrument Number 20190411000386110 and being in the north line of that
certain tract of land described in deed to One Anna Two, LTD. recorded in Instrument Number
20070201000151600 of said O.P.R.C.C.T.
THENCE N OS° 15' 18" E, 533.77 feet to a 5/8 inch iron rod cap stamped "Peloton" set and the beginning
of a curve to the left;
THENCE with said curve to the left, having an arc distance of 30.78 feet, through a central angle of O 1 °
50' 13", having a radius of 960.00 feet, the long chord which bears S 130 28' 00" E, 30.78 feet to a 5/8
inch iron rod cap stamped "Peloton" set;
THENCE S 14° 23' 07" E, 120.30 of
to a 5/8 inch iron rod cap stamped "Peloton" set and the beginning
of a curve to the right;
THENCE with said curve to the right, having an arc distance of 101.47 feet, through a central angle of
04", having a radius of 465.07 feet, the long chord which bears S 08° 14' 28" E, 101.27 feet to a
5/8 inch iron rod cap stamped "Peloton" set;
THENCE S Ol° 59'2511
E, 283.25 feet to a 5/8 inch iron rod cap stamped "Peloton" set;
THENCE S 890 04'42"
W, 110.31 feet to the POINT OF BEGINNING and containing 0.833 acres or
36,303 square feet more or less.
"Integral parts of this document"
1. Description - 1 Page
20
Exhibit - 1 Page
"I his document was prepared under 22 TAC 663.211 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."
Tract II —Boundary of 288.918 Acres
BEING that certain tract of land situated in the J. Kincade Survey, Abstract Number 509, the J. Boyle
Survey, Abstract Number 105, the J. Roberts Survey, Abstract Number 760, the J. Ellet Survey, Abstract
Number 296, and the W. Rattan Survey, Abstract Number 752, Collin County, Texas, being all of that land
described in deed to MM Anna 325, LLC Tract 1 recorded in Instrument Number 20190411000386110 of
the Official Public Records of Collin County, Texas (O.P.R.C.C.T.) and being more particularly described
by metes and bounds as follows:
BEGINNING ata 1/2 inch iron rod found for the most southerly line of said MM Anna 325, LLC Tract 1
and being in the north line of that tract of land described in deed to CADG Hurricane Creek, LLC Tract 2
recorded in Instrument Number 201505290000631020 of said O.P.R.C.C.T.;
THENCE N 00° 42' 12" W, 232.26 feet to a 1/2 inch iron rod found;
THENCE S 88° 18' S0" W, 793.96 feet to a 3/8 inch iron rod found for the south line of said MM Anna
325, LLC Tract 1 and being in the northeast corner said CADG Hurricane Creek LLC (Tract 1);
THENCE along the common line between said MM Anna 325, LLC Tract 1 and said CADG Hurricane
Creek LLC (Tract 1) the following bearings and distances:
S 890
OS' 29" W, 1757.67 feet to a 5/8 inch iron rod found;
S 88° 18' 31" W, 742.84 feet to a 1/2 inch iron rod found;
S 88° 59' 33" W, 427.28 feet to a 1/2 inch iron rod stamped "GEER 3288" found;
THENCE departing said CA
DG Hurricane Creek, LLC Tract 1 along the common line between said MM
Anna 325, LLC Tract 1 and that tract of land described in deed to Blue Spruce L.P. recorded in
Instrument Number 19940826000793830 of the O.P.R.C.C.T. the following bearings and distances:
N 610
49' 20" E, 205.61 feet;
N 190
24' 17" E, 181.73 feet;
N 380
49' 43" E, 172.63 feet;
N 200
25' 25" E, 121.13 feet;
N 49° 53' S8" E, 215.37 feet;
N 04° 32 42 E, 69.40 feet;
THENCE N 30° 41 24 W, 236.43 feet departing said Blue Spruce L.P. tract along the common line of
said MM Anna 325, LLC Tract 1 and that tract of land described in deed to Kimberly Powell recorded in
Volume 5820 Page 2130 of the O.P.R.C.C.T.;
Thence continuing along said MM Anna 325, LLC Tract 1 and said Kimberly Powell tract the following
bearings and distances:
N 21 ° 14' 27" W, 129.45 feet;
N 11° 58' 09" W, 106.75 feet;
N 09° 26' 49" W, 132.42 feet;
N 17° 32' 12" W, 108.70 feet;
THENCE N 03° 35' 21" E, 118.10 feet departing said Kimberly Powell tract along the common line of
said MM Anna 325, LLC Tract 1 and that tract of land described in deed to Harrison and Janet Smith
recorded in Instrument Number 19920612000392310 of the O.P.R.C.C.T.:
Thence continuing along said MM Anna 325, LLC Tract 1 and said Kimberly Powell tract the following
bearings and distances:
N 16° 24' 37" E, 135.67 feet;
N 06° 20' S7" E, 127.72 feet;
44" E, 70.24 feet;
N 100
53' S3" E, 77.78 feet;
N 19° 15' OS" E, 240.38 feet;
THENCE departing said Harrison and Janet Smith tract along the common line of said MM Anna 325,
LLC Tract 1 and that tract of land described in deed to Dasara, LLC recorded in Instrument Number
20150123000077570 of the O.P.R.C.C.T. the following bearings and distances:
N 590
17' 04" E, 231.36 feet;
N 390
06' 49" E, 113.71 feet;
N 180
28' 30" E, 79.37 feet;
N 450 20' 5
5" E, 130.09 feet;
N 240 0
1' 10" E, 163.50 feet;
N 290
16' 45" E, 139.03 feet;
N 07° 19' 23" W, 145.67 feet;
N LL° 22 47 E, 72.91 feet;
N 66° 09 44 E, 68.86 feet;
N 49° 46' S2" E, 125.19 feet;
N 25° 25' 25" E, 105.50 feet;
E, 204.93 feet;
N 44° 25' 31" E, 122.72 feet;
N 40° 33' 22" E, 129.29 feet;
N O 1 ° 34' S4" E, 105.14 feet;
THENCE N 30° 43' 16" E, 12.80 feet departing said Dasara, LLC tract across the common line of said
MM Anna 325, LLC Tract 1 and that tract of land described in deed to Donna Peeler recorded in Volume
4972 Page 5535 of the O.P.R.C.C.T.;
THENCE departing said Donna Peeler tract along the common line of said MM Anna 325, LLC Tract 1
and that tract of land described in deed to Risland Mantua LLC recorded in Instrument Number
20180625000783630 of the O.P.R.C.C.T. the following bearings and distances.
N 88° 46' S2" E, 274.56 feet to a 1/2 inch iron rod stamped "GEER" found;
N 89° 03' O1" E, 938.03 feet to a 1/2 inch iron rod stamped "GEER" found;
THENCE departing said Risland Mantua LLC tract along the common line of said MM Anna 325, LLC
Tract 1 and that tract of all described in deed to Hurricane Creek Estates (Unrecorded) the following
bearings and distances:
S 02° 31' 07" E, 46.18 feet to a 1/2 inch iron rod found;
S 000 43' S5" E, 239.62 feet to a 1/2 inctile
rod found;
S 000
54' 34" E, 240.98 feet to a 5/8 inch iron rod found;
S 000
35' 30" E, 240.11 feet to a 1/2 inch iron rod stamped "GEER" found;
S 000 46' 25" E, 193.73 feet to a 1/2
inch iron rod stamped "GEER" found;
S 000 41' 5
1" E, 159.37 feet to a 1/2 inch iron stamped "GEER" found;
S 020 15' 5
0" W, 136.17 feet;
S 000
41' 12" E, 97.40 feet;
S 000
41' 12" E, 20.05 feet;
N 43° 06' 00
" E, 28.85 feet;
N 36° 57 S7" E, 59.11 feet;
S 81 ° 37' 00" E, 76.35 feet;
N 64° 47' 48" E, 51.43 feet;
S 23° 02' 34" E, 61.07 feet;
N 53° 19' 07" E, 45.87 feet;
S 82° 24' 22" E, 25.36 feet;
S 39° 57' 49" E, 56.11 feet;
S 48° 02' S9" E, 22.02 feet;
THENCE departing said Hurricane Creek Estates tract along the common line of said MM Anna 325,
LLC Tract 1 and that tract of land described in plat to Urban Crossing Block B tract recorded in
Instrument Number 2013-568 of the Plat Records, Collin County, Texas (P.R.C.C.T.) the following
bearings and distances:
S 02° 04' 20" E, 28.82 feet to a 1/2 inch iron rod stamped "G.M. GEER" found;
S 00° OS' OS" E, 119.18 feet to a 1 /2 inch iron rod stamped "G.M. GEER" found;
S 89° 47' 13" E, 602.59 feet to a 1/2 inch iron rod found;
N 88° 59' 00" E, 933.16 feet to a 1/2 inch iron rod stamped "CORWIN" found;
N 88° 55' 42" E, 491.23 feet;
THENCE S 04° 03' 22" E, 703.80 feet departing said Urban Crossing Block B tract along the common
line of said MM Anna 325, LLC Tract 1 and that tract of land described in deed to Sheikh Alam tract
recorded in Volume 4335 Page 955 of the O.P.R.C.C.T. to a 5/8 inch iron rod stamped "PELOTON"
found;
THENCE departing said Sheikh Alam tract along the common line of said MM Anna 325, LLC Tract 1
and that tract of land described in deed to BFB Ana 40 Acres, LLC tract recorded in Instrument Number
20190412000390800 of the O.P.R.C.C.T. the following bearings and distances:
S 880
44' 00" W, 60.25 feet for the beginning of a curve to the right;
With said curve to the right, having an arc distance of 99.55 feet, through a central angle of 03°
42' 13", having a radius of 1,540.00 feet, and the long chord which bears S 13° 52' 00" W, 99.53
feet;
S 150
43' 07" W, 512.37 feet for the beginning of a curve to the left;
With said curve to the left, having an arc distance 01 473.61 feet, through a central angle of 28°
16' 00", having a radius of 960.00 feet, and the long chord which bears S 01' 35' 07" W, 468.82
feet;
THENCE S OS° 15' 18" W, 533.77 feet to the most southerly southeast corner of said MM Anna 325,
LLC Tract 1 and the northeast corner of said CADG Hurricane Creek, LLC Tract 2 to an iron rod found;
THENCE S 89° 04' 42" W, 1,154.08 feet to the POINT OF BEGINNING and containing 288.918 acres
or 12,585,251 square feet more or less.
Tract I
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