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HomeMy WebLinkAboutOrd 1001-2022 Accepting & Approving a Service and Assessment Plan & Assessment Roll for the Anacapri PID (Recorded)2022 - 2022000141224 09/19/2022 03:17 PM Page 1 of 238 CITY OF ANNA ORDINANCE NO. -2022 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS ACCEPTING AND APPROVING A SERVICE AND ASSESSMENT PLAN AND ASSESSMENT ROLLS FOR THE ANACAPRI PUBLIC IMPROVEMENT DISTRICT; MAKING A FINDING OF SPECIAL BENEFIT TO THE PROPERTY IN THE DISTRICT; LEVYING SPECIAL ASSESSMENTS AGAINST PROPERTY WITHIN THE DISTRICT AND ESTABLISHING A LIEN ON SUCH PROPERTY; PROVIDING FOR THE METHOD OF ASSESSMENT AND THE PAYMENT OF THE ASSESSMENTS IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERNMENT CODE, AS AMENDED, PROVIDING PENALTIES AND INTEREST ON DELINQUENT ASSESSMENTS, PROVIDING FOR SEVERABILITY, AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the governing body (the "City Councir') of the City of Anna, Texas (the "City") is authorized by the Public Improvement District Assessment Act, Chapter 372, Texas Local Government Code, as amended (the "PID Act") to create public improvement districts within the City and the extraterritorial jurisdiction ("ETJ" ); and WHEREAS, on February 15, 2022, a petition (the "Petition") was submitted and filed with the City Secretary (the "City Secretary") of the City meeting the requirements of the PID Act requesting the creation of a public improvement district within the ETJ of the City ; and WHEREAS, the Petition contained the signatures of the owners of taxable property representing more than fifty percent of the appraised value of taxable real property liable for assessment within the District (defined below), as determined by the then current ad valorem tax rolls of Collin Central Appraisal District and the signatures of the property owners who own taxable real property that constitutes more than fifty percent of the area of all taxable property within the District that is liable for assessment; and WHEREAS, the City accepted the Petition and called a public hearing to consider the creation of the District and directed the City Secretary to publish and mail notice of such hearing as required by the PID Act; and WHEREAS, on April 12, 2022, after due notice, the City Council held a public hearing in the manner required by law on the advisability of the public improvements and services described in the Petition as required by Section 372.009 of the PID Act and made the findings required by Section 372.009(b) of the PID Act and, by Resolution No. 2022-04-1140 (the "Authorization Resolution") adopted by a majority of the members of the City Council, authorized and created the Anacapri Public Improvement District (the "District") in accordance with its finding as to the advisability of the Authorized Improvements; and 2022 - 2022000141224 09/19/2022 03:17 PM Page 2 of 238 WHEREAS, the City filed the Authorization Resolution with the Collin County Clerk as required by law; and WHEREAS, no written protests regarding the creation of the District from any owners of record of property within the District were filed with the City Secretary; and WHEREAS, on August 23, 2022, the City Council adopted a resolution determining total costs of certain authorized public improvements, approving a preliminary service and assessment plan, including the Proposed Assessment Rolls (as defined in said resolution), and directing the publication and mailing of notice of a public hearing (the "Assessment Hearing") to consider an ordinance levying assessments on property within the District (the "Assessments"); and WHEREAS, the City Secretary filed the proposed Assessment Rolls (defined below) and made the same available for public inspection; and WHEREAS, the City Secretary, pursuant to Section 372.016(c) of the PID Act, mailed the notice of the Assessment Hearing to the last known address of the owners of the property liable for the Assessments; and WHEREAS, the City Secretary, pursuant to Section 372.016(b) of the PID Act, published notice of the Assessment Hearing on August 30, 2022 in the Herald -Democrat, a newspaper of general circulation in the City and ETJ of the City; and WHEREAS, the City Council conducted the Assessment Hearing on September 13, 2022, at which all persons who appeared, or requested to appear, in person or by their attorney, were given the opportunity to contend for or contest the Assessment Rolls, and the proposed Assessments, and to offer testimony pertinent to any issue presented on the amount of the Assessments, the allocation of the Actual Costs of the authorized public improvements to be undertaken for the benefit of property within the District (the "Authorized Improvements"), the purposes of the Assessments, the special benefits of the Assessments, and the penalties and interest on annual installments and on delinquent annual installments of the Assessments; and WHEREAS, the owners of 100% of the property subject to the proposed assessment within the District (the "Landowners") had actual knowledge of the Assessment Hearing to be held on September 13, 2022, and support the creation of the District and the levy of assessments against the property in accordance with the Service and Assessment Plan to finance the Authorized Improvements for benefit of the property within the District; and WHEREAS, the City Council finds and determines that the Assessment Rolls and the Anacapri Public Improvement District Service and Assessment Plan, dated September 13, 2022 (the "Service and Assessment Plan"), attached as Exhibit A and incorporated as a part of this Ordinance for all purposes, should be approved and that the Assessments should be levied as provided in this Ordinance and the Service and Assessment Plan, including the Improvement Area #I Assessment Roll and Improvement Area #2A Assessment Roll attached thereto as Exhibit G-I and H-1, respectively (the "Assessment Rolls"); and 0 2022 - 2022000141224 09/19/2022 03:17 PM Page 3 of 238 WHEREAS, the City Council further finds that there were no objections or evidence submitted to the City Secretary in opposition to the Service and Assessment Plan, the allocation of the Actual Costs of the Authorized Improvements as described in the Service and Assessment Plan, the Assessment Rolls, and the levy of the Assessments; and WHEREAS, at the Assessment Hearing, the Landowners, or their representatives, who are the persons to be assessed pursuant to this Ordinance, appeared in support of the levy of the Assessments against their property located within the District; and WHEREAS, the City Council closed the hearing, and, after considering all written and documentary evidence presented at the hearing, including all written comments and statements filed with the City, determined to proceed with the adoption of this Ordinance in conformity with the requirements of the PID Act; and NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS: Section 1. Terms. Terms not otherwise defined herein are defined in the Service and Assessment Plan. Section 2. Findings. The City Council hereby finds, determines, and ordains, as follows: (a) The recitals set forth in the WHEREAS clauses of this Ordinance are true and correct and are hereby incorporated by reference and made a part of this Ordinance for all purposes as if the same were restated in full in this Section and constitute findings of the City Council acting in its discretionary, legislative capacity; (b) All actions of the City in connection with the creation and establishment of the District and the approval of this Ordinance: (i) have been taken and performed in compliance with the PID Act and all other applicable laws, policies, and procedures; (ii) have been taken and performed in a regular, proper and valid manners; and (iii) are approved and ratified; (c) The apportionment of the Actual Costs of the Authorized Improvements, including specifically the Improvement Area #1 Improvements and the Improvement Area #2A Improvements (as reflected in the Service and Assessment Plan , and the Annual Collection Costs pursuant to the Service and Assessment Plan) is fair and reasonable, reflects an accurate presentation of the special benefit each assessed Parcel will receive from the construction of the Authorized Improvements identified in the Service and Assessment Plan, and is hereby approved; k 2022 - 2022000141224 09/19/2022 03:17 PM Page 4 of 238 (d) The Service and Assessment Plan covers a period of at least five years and defines the annual indebtedness and projected costs for the Authorized Improvements; (e) The Service and Assessment Plan apportions the Actual Cost(s) of the Authorized Improvements to be assessed against the property in the District and such apportionment is made on the basis of special benefits accruing to the property because of the Authorized Improvements; (f) All of the Improvement Area #1 Assessed Property being assessed in the amounts shown on the Improvement Area #1 Assessment Roll will be benefited by the Improvement Area #1 Projects proposed to be constructed as described in the Service and Assessment Plan, and each assessed Parcel of Improvement Area #1 Assessed Property will receive special benefits equal to or greater than the total amount assessed for the Improvement Area #1 Projects; (g) All of the Improvement Area #2A Assessed Property being assessed in the amounts shown on the Improvement Area #2A Assessment Roll will be benefited by the Improvement Area #2A Projects proposed to be constructed as described in the Service and Assessment Plan, and each assessed Parcel of Improvement Area #2A Assessed Property will receive special benefits equal to or greater than the total amount assessed for the Improvement Area #2A Projects; (h) The method of apportionment of the Actual Costs of the Authorized Improvements and Annual Collection Costs set forth in the Service and Assessment Plan results in imposing equal shares of the Actual Costs of the Authorized Improvements and Annual Collection Costs on property similarly benefited, and results in a reasonable classification and formula for the apportionment of the Actual Costs; (i) The Service and Assessment Plan has been prepared on behalf of, presented to, and reviewed by the City Council and should be approved as the service plan and assessment plan for the District for all purposes as described in Sections 372.013 and 372.014 of the PID Act; 0) The Assessment Rolls should be approved as the Assessment Rolls for the District; (k) The provisions of the Service and Assessment Plan relating to due and delinquency dates for the Assessments, interest on Annual Installments, interest and penalties on delinquent Assessments and delinquent Annual Installments, and procedures in connection with the imposition and collection of Assessments should be approved and will expedite collection of the Assessments in a timely manner in order to provide the services and improvements needed and required for the area within the District; and (1) A written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public for the time required by law N 2022 - 2022000141224 09/19/2022 03:17 PM Page 5 of 238 preceding this meeting, as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and this meeting has been open to the public as required by law at all times during which this Ordinance and the subject matter hereof has been discussed, considered, and formally acted upon. Section 3. Service and Assessment Plan. The Service and Assessment Plan is hereby accepted and approved pursuant to Sections 372.013 and 372.014 of the PID Act as the service plan and the assessment plan relating to the Authorized Improvements for the District. The Service and Assessment Plan shall be updated by the City Council no less frequently than annually as required by the PID Act and more frequently as may be required by the Service and Assessment Plan including upon the issuance of PID Bonds. Section 4. Assessment Rolls. The Assessment Rolls are hereby accepted and approved pursuant to Section 372.016 of the PID Act as the Assessment Rolls of the District for all purposes. Section 5. Levy and Payment of Assessments for Costs of the Authorized Improvements. (a) The City Council hereby levies the Assessments on each Parcel of property (excluding Non-Benefitted Property) located within the District, as shown and described in the Service and Assessment Plan and the Assessment Rolls, in the respective amounts shown in the Service and Assessment Plan as a special assessment as set forth in the Assessment Rolls. (b) The levy of the Assessments shall be effective on the date of execution of this Ordinance levying Assessments and strictly in accordance with the terms of the Service and Assessment Plan and the PID Act. (c) The collection of the Assessments shall be as described in the Service and Assessment Plan and the PID Act. (d) Each Assessment may be prepaid in whole or in part at any time without penalty or may be paid in Annual Installments pursuant to the terms of the Service and Assessment Plan. (e) Each Assessment shall bear interest at the rate or rates specified in the Service and Assessment Plan. (f) Each Annual Installment shall be collected each year in the manner set forth in the Service and Assessment Plan. (g) The Annual Collection Costs for Assessed Property shall be calculated pursuant to the terms of the Service and Assessment Plan. 7 2022 - 2022000141224 09/19/2022 03:17 PM Page 6 of 238 Section 6. Method of Assessment. The method of apportioning the Actual Costs of the Authorized Improvements and Annual Collection Costs are set forth in the Service and Assessment Plan. Section 7. Penalties and Interest on Delinquent Assessments. Delinquent Assessments shall be subject to the penalties, interest, procedures, and foreclosure sales set forth in the Service and Assessment Plan and as allowed by law. Section 8. Prepayments of Assessments. As provided in the Service and Assessment Plan, the owner of any Assessed Property may prepay the Assessments levied by this Ordinance. Section 9. Lien Priority. The City Council and the Landowners intend for the obligations, covenants and burdens on the Assessed Property, including without limitation such Landowners' obligations related to payment of the Assessments and the Annual Installments thereof, to constitute covenants that shall run with the land. The Assessments and the Annual Installments thereof which are levied hereby shall be binding upon the assessed parties, as the owners of Assessed Property, and their respective transferees, legal representatives, heirs, devisees, successors and assigns, regardless of whether such owners are named, in the same manner and for the same period as such parties would be personally liable for the payment of ad valorem taxes under applicable law. Assessments shall have lien priority as specified in the Service and Assessment Plan and the PID Act. Section 10. Applicability of Tax Code. To the extent not inconsistent with this Ordinance, and not inconsistent with the PID Act or the other laws governing public improvement districts, the provisions of the Texas Tax Code, as amended, shall be applicable to the imposition and collection of Assessments by the City. Section 11. Filin2 in Land Records. The City Secretary is directed to cause a copy of this Ordinance, including the Service and Assessment Plan and/or the Assessment Roll, to be recorded in the real property records of Collin County, Texas. The City Secretary is further directed to similarly file each Annual Service Plan Update approved by the City Council. Section 12. Severability. If any provision, section, subsection, sentence, clause, or phrase of this Ordinance, or the application of same to any person or set of circumstances is for any reason held to be unconstitutional, void, or invalid, the validity of the remaining portions of this Ordinance or the application to other persons or sets of circumstances shall not be affected thereby, it being the N. 2022 - 2022000141224 09/19/2022 03:17 PM Page 7 of 238 intent of the City Council that no portion hereof, or provision or regulation contained herein shall become inoperative or fail by reason of any unconstitutionality, voidness, or invalidity or any other portion hereof, and all provisions of this ordinance are declared to be severable for that purpose. Section 13. Effective Date. This Ordinance shall take effect, and the levy of the Assessments, and the provisions and terms of the Service and Assessment Plan shall be and become effective upon passage and execution hereof. (Execution page follows.) 7 2022 - 2022000141224 09/19/2022 03:17 PM Page 8 of 238 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THIS 131h DAY OF SEPTEMBER, 2022. ATTEST: —P& Lee Aller, kayor Pro-Tem Carrie L. Land, City Secretary STATE OF TEXAS COUNTY OF COLLIN This instrument was acknowledged before me on the i q % day of September, 2022 by Lee Miller, the Mayor Pro-Tem, and Carrie L. Land, the City Secretary, of the City of Anna, Texas on behalf of said City. .�e��sK.13LACkr; a Q� No Public, State of Texas S-1 2022 - 2022000141224 09/19/2022 03:17 PM Page 9 of 238 EXHIBIT A Service and Assessment Plan A-1 2022 - 2022000141224 09/19/2022 03:17 PM Page 10 of 238 AnaCapri Public Improvement District SERVICE AND ASSESSMENT PLAN SEPTEMBER 13, 2022 2022 - 2022000141224 09/19/2022 03:17 PM Page 11 of 238 Table of Contents Tableof Contents..........................................................................................................................1 Introduction..................................................................................................................................3 SectionI: Definitions..................................................................................................................... 4 Section11: The District.................................................................................................................13 Section III: Authorized Improvements and Bond Issuance Costs.................................................13 SectionIV: Service Plan...............................................................................................................17 Section V: Assessment Plan.........................................................................................................18 Section VI: Terms of the Assessments......................................................................................... 23 Section VII: Assessment Roll....................................................................................................... 29 Section VIII: Additional Provisions...............................................................................................29 Exhibits........................................................................................................................................ 32 Appendices.................................................................................................................................33 Exhibit A-1— Map of the District................................................................................................. 34 Exhibit A-2 — Map of Improvement Area#1................................................................................ 35 Exhibit A-3 — Map of Improvement Area#2................................................................................ 36 Exhibit A-4 — Map of Improvement Area #2A............................................................................. 37 Exhibit A-5 — Map of Improvement Area #2 — Remainder Property ............................................ 38 Exhibit B-1 —Authorized Improvements..................................................................................... 39 Exhibit B-2 — Appropriation of Costs of Authorized Improvements............................................40 ExhibitC — Service Plan...............................................................................................................41 Exhibit D — Sources and Uses of Funds........................................................................................42 Exhibit E — Maximum Assessment and Tax Rate Equivalent........................................................43 Exhibit F —TIRZ No. 4 Maximum Annual Credit Amount.............................................................44 Exhibit G-1— Improvement Area #1 Assessment Roll.................................................................45 Exhibit G-2 — Improvement Area #1 Projected Annual Installment.............................................46 Exhibit H-1— Improvement Area #2A Assessment Roll...............................................................47 Exhibit H-2 — Improvement Area #2A Projected Annual Installment..........................................48 Exhibit 1-1— Maps of Improvement Area #1 Improvements.......................................................49 Exhibit 1-2 — Maps of Improvement Area #2 Improvements....................................................... 56 Exhibit 1-3 — Maps of Improvement Area #2A Improvements.....................................................62 Exhibit J — Form of Notice of PID Assessment Termination.........................................................66 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 1 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 12 of 238 Exhibit K-1— District Legal Description........................................................................................ 69 Exhibit K-2 — Improvement Area #1 Legal Description................................................................80 Exhibit K-3 — Improvement Area #2 Legal Description................................................................90 Exhibit K-4— Improvement Area #2A Legal Description..............................................................97 Exhibit K-5 — Improvement Area #2 - Remainder Property Legal Description ...........................101 Appendix A — Engineer's Report................................................................................................105 Appendix B — Buyer Disclosures................................................................................................191 Anacapri Public Improvement District Buyer Disclosure Improvement Area #1— Initial Parcel 192 Anacapri Public Improvement District Buyer Disclosure Lot Type 1..........................................198 Anacapri Public Improvement District Buyer Disclosure Lot Type 2.......................................... 204 Anacapri Public Improvement District Buyer Disclosure Improvement Area #2A — Initial Parcel .................................................................................................................................................. 210 Anacapri Public Improvement District Buyer Disclosure Lot Type 3.......................................... 216 Anacapri Public Improvement District Buyer Disclosure Lot Type 4.......................................... 222 ANACAPRI PUBLIC IMPROVEMENT DISTRICT Z SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 13 of 238 Introduction Capitalized terms used in this Service and Assessment Plan shall have the meanings given to them in Section I unless otherwise defined in this Service and Assessment Plan or unless the context in which a term is used clearly requires a different meaning. Unless otherwise defined, a reference to a "Section," an "Exhibit," or an "Appendix" shall be a reference to a Section of this Service and Assessment Plan or an Exhibit or Appendix attached to and made a part of this Service and Assessment Plan for all purposes. On April 12, 2022, the City Council passed and approved Resolution No. 2022-04-1140 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 279.554 acres located within the corporate limits of the City, as described by the legal description on Exhibit K-1 and depicted on Exhibit A-1. The PID Act requires a Service Plan 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 the Assessed Property within the District based on the special benefits conferred on such property by the Authorized Improvements. The Assessment Plan is contained in Section V. The PID Act requires an Assessment Roll that states the Assessment against each Parcel determined by the method chosen by the City Council. The Assessment against each Parcel of Assessed Property must be sufficient to pay the share of the Actual Costs of the Authorized Improvements apportioned to such Parcel and cannot exceed the special benefit conferred on the Parcel by such Authorized Improvements. The Improvement Area #1 Assessment Roll is included as Exhibit G-1. The Improvement Area #2A Assessment Roll is included as Exhibit H-1. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 3 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 14 of 238 Section I: Definitions "Actual Costs" mean with respect to Authorized Improvements, including Owner costs to create the District, the actual costs of constructing or acquiring such Authorized Improvements, (either directly or through affiliates), including : (1) the costs for the design, planning, financing, administration/management, acquisition, installation, construction and/or implementation of such Authorized Improvements; (2) the fees paid for obtaining permits, licenses, or other governmental approvals for such Authorized Improvements; (3) the costs for external professional costs, such as engineering, geotechnical, surveying, land planning, architectural landscapers, appraisals, legal, accounting, and similar professional services; (4) all labor, bonds, and materials, including equipment and fixtures, by contractors, builders, and materialmen in connection with the acquisition, construction, or implementation of the Authorized Improvements; (5) all related permitting and public approval expenses, architectural, engineering, and consulting fees, and governmental fees and charges and (6) costs to implement, administer, and manage the above -described activities including, but not limited to, a construction management fee equal to four percent (4%) of construction costs if managed by or on behalf of the Owners. "Additional Interest" means the amount collected by the application of the Additional Interest Rate. "Additional Interest Rate" means the 0.50% additional interest rate that may be charged on Assessments securing PID Bonds pursuant to Section 372.018 of the PID Act. "Administrator" means the City or independent firm designated by the City who shall have the responsibilities provided in this Service and Assessment Plan, the Indenture, or any other agreement or document approved by the City related to the duties and responsibilities of the administration of the District. The initial Administrator is P3Works, LLC. "Annual Collection Costs" mean the actual or budgeted costs and expenses related to the operation of the District, including, but not limited to, costs and expenses for: (1) the Administrator; (2) City staff; (3) legal counsel, engineers, accountants, financial advisors, and other consultants engaged by the City; (4) calculating, collecting, and maintaining records with respect to Assessments and Annual Installments; (5) preparing and maintaining records with respect to Assessment Rolls and Annual Service Plan Updates; (6) paying and redeeming PID Bonds; (7) investing or depositing Assessments and Annual Installments; (8) complying with this Service and Assessment Plan and the PID Act with respect to the PID Bonds, including the City's continuing disclosure requirements; and (9) the paying agent/registrar and Trustee in connection with PID Bonds, including their respective legal counsel. Annual Collection Costs collected but ANACAPRI PUBLIC IMPROVEMENT DISTRICT 4 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 15 of 238 not expended in any year shall be carried forward and applied to reduce Annual Collection Costs for subsequent years. "Annual Installment" means the annual installment payment of an Assessment as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Annual Collection Costs; and (4) Additional Interest, if applicable. The principal and interest amount of which may be reduced by the TIRZ No. 4 Annual Credit Amount. "Annual Service Plan Update" means an update to this Service and Assessment Plan prepared no less frequently than annually by the Administrator and approved by the City Council. "Appropriated Property" means any Parcel within the District against which the costs of the Authorized Improvements are appropriated based on special conferred benefit anticipated to be levied, but not yet levied. Initially, the Appropriated Property includes the Improvement Area #2 — Remainder Property. "Appropriation" means an amount allocated by this Service and Assessment Plan to a Parcel within the District for future Authorized Improvement costs, otherthan Non-Benefitted Property, subject to the levy by the City and also subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act. "Assessed Property" means any Parcel within the District against which an Assessment is levied. "Assessment" means an assessment levied against a Parcel within the District, other than Non- Benefitted Property, 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 Assessed Property within the District, as shown on any Assessment Roll. "Assessment Plan" means the methodology employed to assess the Actual Costs of the Authorized Improvements against the Assessed Property within the District based on the special benefits conferred on such property by the Authorized Improvements, more specifically set forth and described in Section V. "Assessment Roll" means any assessment roll for the Assessed Property within the District, including the Improvement Area #1 Assessment Roll, and the Improvement Area #2A Assessment Roll as updated, modified or amended from time to time in accordance with the procedures set forth herein and in the PID Act, including updates prepared in connection with the issuance of PID Bonds or any Annual Service Plan Update. ANACAPRI PUBLIC IMPROVEMENT DISTRICT S SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 16 of 238 "Authorized Improvements" means (1) the improvements authorized by Section 372.003 of the PID Act, as depicted on Exhibit 1-1, Exhibit 1-2 and Exhibit 1-3 and described in Section III; (2) Bond Issuance Costs, and (3) District Formation Costs. "Bond Issuance Costs" means the costs associated with issuing PID Bonds, including but not limited to attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication costs, capitalized interest, reserve fund requirements, underwriter's discount, fees charged by the Texas Attorney General, and any other cost or expense incurred by the City directly associated with the issuance of any series of PID Bonds. "City" means the City of Anna, Texas. "City Council" means the governing body of the City. "County" means Collin County, Texas. "Delinquent Collection Costs" mean costs related to the foreclosure on Assessed Property and the costs of collection of delinquent Assessments, delinquent Annual Installments, or any other delinquent amounts due under this Service and Assessment Plan including penalties and reasonable attorney's fees actually paid, but excluding amounts representing interest and penalty interest. "Development Agreement" means the AnaCapri Development Agreement entered into by and between the City and Owner, approved and adopted by Resolution No. 2022-03-1119 on October 12, 2021. "District" means the AnaCapri Public Improvement District containing approximately 279.554 acres located within the corporate limits of the City, and more specifically described in Exhibit K- 1 and depicted on Exhibit A-1. "District Formation Costs" means the costs associated with forming the District, including but not limited to, attorney fees, and any other cost or expense incurred by the City directly associated with the establishment of the District. "Engineer's Report" means a report provided by a licensed professional engineer that describes the Authorized Improvements, including their costs, location, and benefit, and is attached hereto as Appendix A. "Estimated Buildout Value" means the estimated value of an Assessed Property with fully constructed buildings, as provided by the Owner and confirmed by the City Council, by considering such factors as density, lot size, proximity to amenities, view premiums, location, market conditions, historical sales, builder contracts, discussions with homebuilders, reports from third party consultants, or any other factors that, in the judgment of the City, may impact value. The Estimated Buildout Value for each Lot Type is shown on Exhibit E. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 6 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 17 of 238 "Improvement Area #1" means approximately 97.100 acres located within the District, more specifically described in Exhibit K-2 and depicted on Exhibit A-2. "Improvement Area #1 Annual Installment" means the Annual Installment of the Improvement Area #1 Assessment as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Annual Collection Costs; and (4) Additional Interest, if applicable. The principal and interest amount of which may be reduced by the TIRZ No. 4 Annual Credit Amount. Additional Interest is not charged on the Improvement Area #1 Reimbursement Obligation, but will be included in the event Improvement Area #1 Bonds are issued. "Improvement Area #1 Assessed Property" means any Parcel within Improvement Area #1 against which an Improvement Area #1 Assessment is levied. "Improvement Area #1 Assessment" means an Assessment levied against a Parcel within Improvement Area #1 and imposed pursuant to an Assessment Ordinance and the provisions herein, as shown on the Improvement Area #1 Assessment Roll, subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act. "Improvement Area #1 Assessment Roll" means the Assessment Roll for the Improvement Area #1 Assessed Property, as updated, modified or amended from time to time in accordance with the procedures set forth herein and in the PID Act, including any updates prepared in connection with the issuance of PID Bonds or any Annual Service Plan Updates. The Improvement Area #1 Assessment Roll is included in this Service and Assessment Plan as Exhibit G-1. "Improvement Area #1 Bonds" means those certain PID "City of Anna, Texas Special Assessment Revenue Bonds, Series 2022 (AnaCapri Public Improvement District Improvement Area #1 Project)" that are secured by Improvement Area #1 Assessments, and expected to be used in calendar year 2022. "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 1-1. "Improvement Area #1 Initial Parcel" means all of the Improvement Area #1 Assessed Property against which the entire Improvement Area #1 Assessment is levied, as described in Exhibit K-2, and depicted on Exhibit A-2. "Improvement Area #1 Projects" means, collectively (1) the Improvement Area #1 Improvements; (2) the pro rata portion of the District Formation Costs allocable to Improvement Area #1 and (3) the Bond Issuance Costs allocable to Improvement Area #1. "Improvement Area #1 Reimbursement Agreement" means that certain "AnaCapri Public Improvement District Improvement Area #1 Reimbursement Agreement" entered into by and between the City and the Owner, as the developer of the Improvement Area #1 Projects, in which ANACAPRI PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 18 of 238 the Owner agrees to construct the Improvement Area #1 Projects and to fund certain Actual Costs of the Improvement Area #1 Projects and the City agrees to (i) pay directly or reimburse the Owner for Actual Costs of an Improvement Area #1 Projects from the proceeds of Improvement Area #1 Bonds in accordance with the Act, this Service and Assessment Plan and the applicable Indenture, or (ii) reimburse the Owner for certain Actual Costs of Improvement Area #1 Projects not paid by proceeds of Improvement Area #1 Bonds solely from the revenue collected from Improvement Area #1 Assessments, including Improvement Area #1 Annual Installments, but subordinate to the lien on the Improvement Area #1 Assessments pledged to the payment of Improvement Area #1 Bonds. "Improvement Area #1 Reimbursement Obligation" means an amount secured by the Improvement Area #1 Assessment to be paid to the Owner pursuant to the Improvement Area #1 Reimbursement Agreement. The projected Improvement Area #1 Annual Installments for the Improvement Area #1 Reimbursement Obligation is shown on Exhibit G-2. "Improvement Area #2" means approximately 179.451 acres located within the District, more specifically described in Exhibit K-3 and depicted on Exhibit A-3. "Improvement Area #2 Improvements" means the Authorized Improvements which only benefit Improvement Area #2 and are described in Section 111111.13, and depicted on Exhibit 1-2. "Improvement Area #2 - Remainder Property" means approximately 113.100 acres located within the District, more specifically described in Exhibit K-5 and depicted on Exhibit A-5. "Improvement Area #2 - Remainder Property Appropriated Property" means any Parcel within Improvement Area #2 - Remainder Property against which costs of Improvement Area #2 Improvements are appropriated. "Improvement Area #2 - Remainder Property Initial Parcel" means all of the Improvement Area #2 - Remainder Property Appropriated Property against which Improvement Area #2 Improvements costs are Appropriated, as described in Exhibit K-5, and depicted on Exhibit A-5. "Improvement Area #2 - Remainder Property Projects" means the pro rata portion of the Improvement Area #2 Improvements costs appropriated to Improvement Area #2 - Remainder Property. "Improvement Area #2A" means approximately 66.3 acres located within the District, more specifically described in Exhibit K-4 and depicted on Exhibit A-4. "Improvement Area #2AAnnual Installment" means the Annual Installment of the Improvement Area #2A Assessment as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Annual Collection Costs; and (4) Additional Interest, if applicable. The principal and interest amount of which may be reduced by the TIRZ No. 4 Annual ANACAPRI PUBLIC IMPROVEMENT DISTRICT 8 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 19 of 238 Credit Amount. Additional Interest is not charged on the Improvement Area #2-A Reimbursement Obligation, but will be included in the event Improvement Area #2A Bonds are issued. "Improvement Area #2A Assessed Property" means any Parcel within Improvement Area #2A against which an Improvement Area #2A Assessment is levied. "Improvement Area #2A Assessment" means an Assessment levied against a Parcel within Improvement Area #2A and imposed pursuant to an Assessment Ordinance and the provisions herein, as shown on the Improvement Area #2A Assessment Roll, subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act. "Improvement Area #2A Assessment Roll" means the Assessment Roll for the Improvement Area #2A Assessed Property, as updated, modified or amended from time to time in accordance with the procedures set forth herein and in the PID Act, including any updates prepared in connection with the issuance of PID Bonds or any Annual Service Plan Updates. The Improvement Area #2A Assessment Roll is included in this Service and Assessment Plan as Exhibit H-1. "Improvement Area #2A Bonds" means those certain PID "City of Anna, Texas Special Assessment Revenue Bonds, Series 2022 (AnaCapri Public Improvement District Improvement Area #2A Project)" that are secured by Improvement Area #2A Assessments, and anticipated to be issued in calendar year 2022. "Improvement Area #2A Improvements" means the Authorized Improvements which only benefit the Improvement Area #2A Assessed Property, as further described in Section III.0 and depicted on Exhibit 1-3. "Improvement Area #2A Initial Parcel" means all of the Improvement Area #2A Assessed Property against which the entire Improvement Area #2A Assessment is levied, as described in Exhibit K-4, and depicted on Exhibit A-4. "Improvement Area #2A Projects" means, collectively (1) the pro rata portion of the Improvement Area #2 Improvements allocable to Improvement Area #2A; (2) the Improvement Area #2A Improvements; (3) the pro rata portion of the District Formation Costs allocable to Improvement Area #2A and (4) the Bond Issuance Costs allocable to Improvement Area #2A. "Improvement Area #2A Reimbursement Agreement" means that certain "AnaCapri Public Improvement District Improvement Area #2A Reimbursement Agreement" entered into by and between the City and the Owner, as the developer of the Improvement Area #2A Projects, in which the Owner agrees to construct the Improvement Area #2A Projects and to fund certain Actual Costs of the Improvement Area #2A Projects and the City agrees to (i) pay directly or reimburse the Owner for Actual Costs of an Improvement Area #2A Projects from the proceeds of Improvement Area #2A Bonds in accordance with the Act, this Service and Assessment Plan and the applicable Indenture, or (ii) reimburse the Owner for certain Actual Costs of ANACAPRI PUBLIC IMPROVEMENT DISTRICT 9 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 20 of 238 Improvement Area #2A Projects not paid by proceeds of Improvement Area #2A Bonds solely from the revenue collected from Improvement Area #2A Assessments, including Improvement Area #2A Annual Installments, but subordinate to the lien on the Improvement Area #2A Assessments pledged to the payment of Improvement Area #2A Bonds. "Improvement Area #2A Reimbursement Obligation" means an amount secured by the Improvement Area #2A Assessment to be paid to the Owner pursuant to the Improvement Area #2A Reimbursement Agreement. The projected Improvement Area #2A Annual Installments for the Improvement Area #2A Reimbursement Obligation is shown on Exhibit H-2. "Indenture" means an Indenture of Trust entered into between the City and the Trustee in connection with the issuance of each series of PID Bonds, as amended from time to time, between the City and the 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 Official Public Records of the County, a tract of land described by "lot" in such subdivision plat; and (2) for any portion of the District for which a subdivision plat has not been recorded in the Plat or Official Public Records of the County, a tract of land anticipated to be described as a "Lot" in a final recorded subdivision plat as shown on a concept plan or a preliminary plat. A "Lot" shall not include real property owned by a government entity, even if such property is designated as a separate described tract or lot on a recorded subdivision plat. "Lot Type" means a classification of final building Lots with similar characteristics (e.g. lot size, home product, buildout value, etc.), as determined by the Administrator and confirmed by the City Council. In the case of single-family residential Lots, the Lot Type shall be further defined by classifying the residential Lots by the Estimated Buildout Value of the Lot as shown on Exhibit E. "Lot Type 1" means a lot within Improvement Area #1 marketed to homebuilders as a 40' Lot, with an Estimated Buildout Value of $430,000. "Lot Type 2" means a lot within Improvement Area #1 marketed to homebuilders as a 50' Lot, with an Estimated Buildout Value of $480,000. "Lot Type 3" means a lot within Improvement Area #2A marketed to homebuilders as a 40' Lot, with an Estimated Buildout Value of $430,000. "Lot Type 4" means a lot within Improvement Area #2A marketed to homebuilders as a 50' Lot, with an Estimated Buildout Value of $480,000. "Maximum Assessment" means for each Lot, an Assessment equal to the lesser of (1) the amount calculated pursuant to Section VI.A, or (2) for each Lot Type, the amount shown on Exhibit E. The Maximum Assessment shall be calculated at the time a final plat is recorded. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 10 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 21 of 238 "Non -Assessed Property" means Parcels that accrue special benefit from the Authorized Improvements, as determined by the City Council, but are not assessed. The Non -Assessed Property includes the lagoon, multifamily and commercial areas adjacent to the District. "Notice of Assessment Termination" means a document that shall be recorded in the Official Public Records of the County the termination of an Assessment, a form of which is attached as Exhibit J. "Owner" means AnaCapri Laguna Azure LLC, a Wyoming limited liability company, and any successors or assigns thereof that intends to develop the property in the District for the ultimate purpose of transferring title to such property to end users. "Parcel" or "Parcels" means a specific property within the District identified by either a tax parcel identification number assigned by the Collin Central Appraisal District for real property tax purposes, by legal description, or by lot and block number in a final subdivision plat recorded in the Plat or Official Public Records of the County, or by any other means determined by the City. "PID Act" means Chapter 372, Texas Local Government Code, as amended. "PID Bonds" means any bonds issued by the City in one or more series and secured in whole or in part by Assessments. "Prepayment" means the payment of all or a portion of an Assessment before the due date of the final Annual Installment thereof. Amounts received at the time of a Prepayment which represent a payment of principal, interest, or penalties on a delinquent installment of an Assessment are not to be considered a Prepayment, but rather are to be treated as the payment of the regularly scheduled Annual Installment. "Prepayment Costs" means interest, including Additional Interest and Annual Collection Costs to the date of Prepayment. "Service and Assessment Plan" means this AnaCapri Public Improvement District Service and Assessment Plan as updated, amended, or supplemented from time to time. "Service Plan" covers a period of at least five years and defines the annual indebtedness and projected costs of the Authorized Improvements, more specifically described in Section IV. "TIRZ No. 4" means the Reinvestment Zone Number Four, City of Anna, Texas. "TIRZ No. 4 Annual Credit Amount" is defined in Section V.F, which amount shall not annually exceed the TIRZ No. 4 Maximum Annual Credit Amount, and which shall be transferred from the TIRZ No. 4 Fund to the applicable pledged revenue fund pursuant to the Development Agreement. "TIRZ No. 4 PID Account" means an account of the TIRZ No. 4 Fund where the TIRZ No. 4 Revenues are deposited. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 11 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 22 of 238 "TIRZ No. 4 Project and Finance Plan" means the Reinvestment Zone Number Four, City of Anna, Texas Project and Finance Plan, dated December 14, 2021. "TIRZ No. 4 Fund" means the tax increment fund created pursuant to the TIRZ No. 4 Ordinance where TIRZ No. 4 Revenues are deposited annually. "TIRZ No. 4 Maximum Annual Credit Amount" means for each Lot Type, the amount of TIRZ No. 4 Revenues provided as a Credit against the Annual Installment, as further defined in Section V.F and shown on Exhibit F. "TIRZ No. 4 Ordinance" means Ordinance No. 951-2021 adopted by the City Council approving the TIRZ No. 4 Project and Finance Plan and authorizing the use of TIRZ No. 4 Revenues for project costs under the Chapter 311, Texas Tax Code as amended, and related to certain public improvements as provided for in the TIRZ No. 4 Project and Finance Plan. "TIRZ No. 4 Revenues" mean, for each year, the amounts which are deposited in the TIRZ No. 4 Fund pursuant to the TIRZ No. 4 Ordinance. "Trustee" means the trustee or successor trustee under an Indenture. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 12 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 23 of 238 Section II: The District The District includes approximately 279.554 contiguous acres located within the corporate limits of the City, the boundaries of which are more particularly described by the legal description on Exhibit K-1 and depicted on Exhibit A-1. Development of the District is anticipated to include approximately 1,235 Lots developed with single-family homes. Improvement Area #1 includes approximately 100.103 contiguous acres located within the corporate limits of the City, the boundaries of which are more particularly described by the legal description on Exhibit K-2 and depicted on Exhibit A-2. Development of Improvement Area #1 is anticipated to include approximately 458 Lots developed with single-family homes (174 single- family homes classified as Lot Type 1, and 284 single-family homes classified as Lot Type 2). Improvement Area #2 includes both Improvement Area #2A and Improvement Area #2 — Remainder Property, as described on Exhibit K-3, and depicted on Exhibit A-3, consisting of approximately 179.451 acres. Improvement Area #2A includes approximately 66.262 contiguous acres located within the corporate limits of the City, the boundaries of which are more particularly described by the legal description on Exhibit K-4 and depicted on Exhibit A-4. Development of Improvement Area #2 is anticipated to include approximately 237 Lots developed with single-family homes (136 single- family homes classified as Lot Type 3, and 101 single-family homes classified as Lot Type 4). Improvement Area #2 - Remainder Property includes approximately 113.189 contiguous acres located within the corporate limits of the City, the boundaries of which are more particularly described by the legal description on Exhibit K-5 and depicted on Exhibit A-5. Development of Improvement Area #2 - Remainder Property is anticipated to include approximately 540 Lots developed with single-family homes. Section III: Authorized Improvements and Bond Issuance Costs The City, based on information provided by the Owner and its engineer and reviewed by the City staff and by third -party consultants retained by the City, has determined that the Authorized Improvements confer a special benefit on the Assessed Property. Authorized Improvements will be designed and constructed in accordance with the City's standards and specifications and will be owned and operated by the City. The budget for the Authorized Improvements is shown on Exhibit B-1. A. Improvement Area #1 Improvements ■ Roadway Improvements ANACAPRI PUBLIC IMPROVEMENT DISTRICT 13 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 24 of 238 Improvements including subgrade stabilization, concrete and reinforcing steel for roadways, testing, and handicapped ramps. All related earthwork, excavation, erosion control, intersections, and re -vegetation of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot within Improvement Area #1. ■ Water Systems Improvements including trench excavation and embedment, trench safety, PVC piping, manholes, service connections, testing, related earthwork, excavation, erosion control, and all necessary appurtenances required to provide water service to all Lots within Improvement Area #1. ■ Sanitary Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, ductile iron encasement, boring, manholes, service connections, testing, related earthwork, excavation, erosion control and all necessary appurtenances required to provide wastewater service to all Lots within Improvement Area #1. ■ Storm Sewer Improvements including earthen channels, swales, curb and drop inlets, RCP piping and boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls, and testing as well as all related earthwork, excavation, erosion control and all necessary appurtenances required to provide storm drainage for all Lots within Improvement Area #1. ■ Site Fencing, Retaining Walls, Landscape Improvements include all related earthwork, excavation, erosion control, retaining walls, signage, utility infrastructure, drainage infrastructure, lighting, landscaping, irrigation and re -vegetation of all disturbed areas. ■ Soft Costs Costs related to designing, constructing, and installing the Improvement Area #1 Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, District Formation Costs, legal costs, consultants, and costs associated with financing the Improvement Area #1 Improvements. B. Improvement Area #2 Improvements ■ Roadways Improvements Improvements including subgrade stabilization, concrete and reinforcing steel for ANACAPRI PUBLIC IMPROVEMENT DISTRICT 14 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 25 of 238 roadways, testing, and handicapped ramps. All related earthwork, excavation, erosion control, intersections, and re -vegetation of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot within Improvement Area #2. ■ Water Systems Improvements including trench excavation and embedment, trench safety, PVC piping, manholes, service connections, testing, related earthwork, excavation, erosion control, and all necessary appurtenances required to provide water service to all Lots within Improvement Area #2. ■ Sanitary Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, ductile iron encasement, boring, manholes, service connections, testing, related earthwork, excavation, erosion control and all necessary appurtenances required to provide wastewater service to all Lots within Improvement Area #2. ■ Storm Sewer Improvements including earthen channels, swales, curb and drop inlets, RCP piping and boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls, and testing as well as all related earthwork, excavation, erosion control and all necessary appurtenances required to provide storm drainage for all Lots within Improvement Area #2. ■ Site Fencing, Retaining Walls, Landscape Improvements include all related earthwork, excavation, erosion control, retaining walls, signage, utility infrastructure, drainage infrastructure, lighting, landscaping, irrigation and re -vegetation of all disturbed areas within Improvement Area #2. ■ Soft Costs Costs related to designing, constructing, and installing the Improvement Area #2 Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, District Formation Costs, legal costs, consultants, and costs associated with financing the Improvement Area #2 Improvements. C. Improvement Area #2A Improvements ■ Roadway Improvements Improvements including subgrade stabilization, concrete and reinforcing steel for roadways, testing, and handicapped ramps. All related earthwork, excavation, erosion ANACAPRI PUBLIC IMPROVEMENT DISTRICT 15 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 26 of 238 control, intersections, and re -vegetation of all disturbed areas within the right-of-way are included. The street improvements will provide benefit to each Lot within Improvement Area #2A. ■ Water Systems Improvements including trench excavation and embedment, trench safety, PVC piping, manholes, service connections, testing, related earthwork, excavation, erosion control, and all necessary appurtenances required to provide water service to all Lots within Improvement Area #2A. ■ Sanitary Sewer Improvements including trench excavation and embedment, trench safety, PVC piping, ductile iron encasement, boring, manholes, service connections, testing, related earthwork, excavation, erosion control and all necessary appurtenances required to provide wastewater service to all Lots within Improvement Area #2A. ■ Storm Sewer Improvements including earthen channels, swales, curb and drop inlets, RCP piping and boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls, and testing as well as all related earthwork, excavation, erosion control and all necessary appurtenances required to provide storm drainage for all Lots within Improvement Area #2A. ■ Site Fencing, Retaining Walls, Landscape Improvements include all related earthwork, excavation, erosion control, retaining walls, signage, utility infrastructure, drainage infrastructure, lighting, landscaping, irrigation and re -vegetation of all disturbed areas within Improvement Area #2A. ■ Soft Costs Costs related to designing, constructing, and installing the Improvement Area #2A Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, District Formation Costs, legal costs, consultants, and costs associated with financing the Improvement Area #2A Improvements. D. 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. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 16 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 27 of 238 ■ Capitalized Interest Equals the amount required to be deposited for the purpose of paying capitalized interest under an applicable Indenture in connection with the issuance of PID Bonds. ■ Underwriter's Discount Equals a percentage of the par amount of a particular series of PID Bonds related to the costs of underwriting such PID Bonds. ■ Underwriter's Counsel Equals a percentage of the par amount of a particular series of PID Bonds reserved for the underwriter's attorney fees. ■ Cost of Issuance Includes costs of issuing a particular series of PID Bonds, including but not limited to issuer fees, attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication costs, City costs, fees charged by the Texas Attorney General, and any other cost or expense directly associated with the issuance of PID Bonds. E. Other Costs ■ Deposit to Administrative Fund Equals the amount necessary to fund the first year's Annual Collection Costs for a particular series of PID Bonds. Section IV: Service Plan The PID Act requires the Service Plan to (i) cover a period of at least five years, (ii) define the annual projected costs and indebtedness for the Authorized Improvements undertaken within the District during the five-year period and (iii) include a copy of the notice form required by Section 5.014 of the Texas Property Code, as amended. The Service Plan must be reviewed and updated by the City Council at least annually in each Annual Service Plan Update. Exhibit C summarizes the Service Plan for Improvement Area #1, and Improvement Area #2A. The notice form required by Section 5.014 of the Texas Property Code is 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 the Annual Service Plan Update to reflect any budget revisions and Actual Costs. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 17 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 28 of 238 Section V: Assessment Plan The PID Act allows the City Council to apportion the costs of the Authorized Improvements to the Assessed Property based on the special benefit received from the Authorized Improvements. The PID Act provides that such costs may be apportioned: (1) equally per front foot or square foot; (2) according to the value of property as determined by the City, with or without regard to improvements constructed on the property; or (3) in any other manner approved by the City that results in imposing equal shares of such costs on property similarly benefited. The PID Act further provides that the governing body may establish by ordinance or order reasonable classifications and formulas for the apportionment of the cost between the City and the area to be assessed and the methods of assessing the special benefits for various classes of improvements. This section of this 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 Owner and all future Owners and developers of the Assessed Property. A. Assessment Methodology The City Council, acting in its legislative capacity based on information provided by the Owner and its engineer and reviewed by the City staff and by third -party consultants retained by the City, has determined that the costs related to the Authorized Improvements shall be allocated as follows: ■ The costs of the Improvement Area #1 Projects shall be allocated 100% to Improvement Area #1 Assessed Property based on the ratio of the Estimated Buildout Value of each Lot Type designated as Improvement Area #1 Assessed Property to the Estimated Buildout Value of all Improvement Area #1 Assessed Property. Currently, the Improvement Area #1 Initial Parcel is the only Parcel within Improvement Area #1, and as such, the Improvement Area #1 Initial Parcel is allocated 100% of the Improvement Area #1 Projects. ■ Improvement Area #2 Improvements allocable to Improvement Area #2 — Remainder Property Appropriated Property shall be appropriated to Improvement Area #2 - Remainder Property Appropriated Property pro rata based on the Estimated Buildout ANACAPRI PUBLIC IMPROVEMENT DISTRICT 18 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 29 of 238 Value of all Parcels within Improvement Area #2, as depicted on Exhibit B-2. ■ The costs of the Improvement Area #2A Projects shall be allocated 100% to Improvement Area #2A Assessed Property based on the ratio of the Estimated Buildout Value of each Lot Type designated as Improvement Area #2A Assessed Property to the Estimated Buildout Value of all Improvement Area #2A Assessed Property. Currently, the Improvement Area #2A Initial Parcel is the only Parcel within Improvement Area #2A, and as such, the Improvement Area #2A Initial Parcel is allocated 100% of the Improvement Area #2A Projects. B. Assessments Assessments are levied on the Assessed Property according to the Improvement Area #1 Assessment Roll, and Improvement Area #2A Assessment Roll attached hereto as Exhibit G-1, and Exhibit H-1, respectively. The projected Annual Installments for Improvement Area #1, and Improvement Area #2A, are shown on Exhibit G-2, and Exhibit H-2, , respectively, and are subject to revisions made in any Annual Service Plan Update. The Maximum Assessment for each Lot Type within Improvement Area #1, and Improvement Area #2A is shown on Exhibit E. In no case will the Assessment for Lot Type 1, Lot Type 2, Lot Type 3, or Lot Type 4 within Improvement Area #1, and Improvement Area #2A, exceed the corresponding Maximum Assessment. C. Findings of Special Benefit The City Council, acting in its legislative capacity based on information provided by the Owner and its engineer and reviewed by the City staff and by third -party consultants retained by the City, has found and determined: ■ Improvement Area #1 ■ The costs of the Improvement Area #1 Projects equal $22,172,772 as shown on Exhibit B-1; ■ The Improvement Area #1 Assessed Property receives special benefit from the Improvement Area #1 Projects equal to or greater than the Actual Cost of the Improvement Area #1 Projects; ■ The Improvement Area #1 Initial Parcel will be allocated 100% of the Improvement Area #1 Assessment levied for the Improvement Area #1 Projects, which equals $22,145,000 as shown on the Improvement Area #1 Assessment Roll attached hereto as Exhibit G-1; ■ The special benefit ( >_ $22,172,772) received by the Improvement Area #1 Initial Parcel from the Improvement Area #1 Projects is equal to or greater than the ANACAPRI PUBLIC IMPROVEMENT DISTRICT 19 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 30 of 238 amount of the Improvement Area #1 Assessment ($22,145,000) levied on the Improvement Area #1 Initial Parcel for the Improvement Area #1 Projects; and ■ At the time the City Council approved this Service and Assessment Plan, the Owner owned 100% of the Improvement Area #1 Initial Parcel. The Owner acknowledged that the Improvement Area #1 Projects confer a special benefit on the Improvement Area #1 Initial Parcel and consented to the imposition of the Improvement Area #1 Assessment to pay for the Actual Costs associated therewith. The Owner ratified, confirmed, accepted, agreed to, and approved: (1) the determinations and findings by the City Council as to the special benefits described herein and the applicable Assessment Ordinance; (2) this Service and Assessment Plan and the applicable Assessment Ordinance; and (3) the levying of the Improvement Area #1 Assessment on the Improvement Area #1 Initial Parcel. ■ Improvement Area #2A ■ The costs of the Improvement Area #2A Projects equal $13,741,356 as shown on Exhibit B-1; ■ The Improvement Area #2A Assessed Property receives special benefit from the Improvement Area #2A Projects equal to or greater than the Actual Cost of the Improvement Area #2A Projects; ■ The Improvement Area #2A Initial Parcel will be allocated 100% of the Improvement Area #2A Assessment levied for the Improvement Area #2A Projects, which equals $11,025,000 as shown on the Improvement Area #2A Assessment Roll attached hereto as Exhibit H-1; ■ The special benefit( >_ $13,741,356) received by the Improvement Area #2A Initial Parcel from the Improvement Area #2A Projects is equal to or greater than the amount of the Improvement Area #2A Assessment ($11,025,000) levied on the Improvement Area #2A Initial Parcel for the Improvement Area #2A Projects; and ■ At the time the City Council approved this Service and Assessment Plan, the Owner owned 100% of the Improvement Area #2A Initial Parcel. The Owner acknowledged that the Improvement Area #2A Projects confer a special benefit on the Improvement Area #2A Initial Parcel and consented to the imposition of the Improvement Area #2A Assessment to pay for the Actual Costs associated therewith. The Owner ratified, confirmed, accepted, agreed to, and approved: (1) the determinations and findings by the City Council as to the special benefits described herein and the applicable Assessment Ordinance; (2) this Service and Assessment Plan and the applicable Assessment Ordinance; and (3) the levying of the Improvement Area #2A Assessment on the Improvement Area #2A Initial ANACAPRI PUBLIC IMPROVEMENT DISTRICT 20 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 31 of 238 Parcel. ■ Improvement Area #2 -Remainder Property ■ The costs of the Improvement Area #2 - Remainder Property Projects equal $5,005,522 as shown on Exhibit B-2; ■ The Improvement Area #2 - Remainder Property Assessed Property receives special benefit from the Improvement Area #2 - Remainder Property Projects equal to or greater than the Actual Cost of the Improvement Area #2 - Remainder Property Projects; ■ The Improvement Area #2 - Remainder Property Initial Parcel will be allocated 100% of the Improvement Area #2 - Remainder Property Appropriation for the Improvement Area #2 - Remainder Property Projects, which equals $5,005,522 as shown on Exhibit B-2, of which all or a portion of such amount is expected to be levied by the City at a later date; and ■ At the time the City Council approved this Service and Assessment Plan, the Owner owned 100% of the Improvement Area #2 — Remainder Property Initial Parcel. The Owner acknowledged that the Improvement Area #2 — Remainder Property Projects confer a special benefit on the Improvement Area #2 — Remainder Property Initial Parcel and consented to the imposition of the Improvement Area #2 — Remainder Property Appropriation in anticipation of a future levy by the City Council to pay for all or a portion of the Improvement Area #2 — Remainder Property Appropriation of Costs of Improvement Area #2 — Remainder Property Projects associated therewith. The Owner ratified, confirmed, accepted, agreed to, and approved: (1) the determinations and findings by the City Council as to the special benefits described herein; (2) this Service and Assessment Plan; and (3) the Appropriation of Costs on the Improvement Area #2 — Remainder Property Initial Parcel. D. Annual Collection Costs The Annual Collection Costs shall be paid for annually by the owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment remaining on the Parcel to the total outstanding Assessment. The Annual Collection Costs shall be collected as part of and in the same manner as Annual Installments in the amounts shown on the Assessment Roll, which may be revised based on actual costs incurred in Annual Service Plan Updates. E. Additional Interest The interest rate on Assessments securing PID Bonds may exceed the interest rate on the PID Bonds by the Additional Interest Rate. To the extent required by any Indenture, Additional ANACAPRI PUBLIC IMPROVEMENT DISTRICT 21 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 32 of 238 Interest shall be collected as part of each Annual Installment and shall be deposited pursuant to the applicable Indenture. The interest on the Improvement Area #1 Assessment securing the Improvement Area #1 Reimbursement Obligation shall be collected at rates established under the Improvement Area #1 Reimbursement Agreement as part of the Improvement Area #1 Annual Installment. Additional Interest cannot be collected on the Improvement Area #1 Assessment securing the Improvement Area #1 Reimbursement Obligation. The interest on the Improvement Area #2A Assessment securing the Improvement Area #2A Reimbursement Obligation shall be collected at rates established under the Improvement Area #2A Reimbursement Agreement as part of the Improvement Area #2A Annual Installment. Additional Interest cannot be collected on the Improvement Area #2A Assessment securing the Improvement Area #2A Reimbursement Obligation. F. TIRZ No. 4 Annual Credit Amount The City Council has agreed to use a portion of TIRZ No. 4 Revenues (the "TIRZ No. 4 Annual Credit Amount") generated from each Assessed Property to offset a portion of such property's Assessment, as applicable. 1. The Annual Installment for an Assessed Property shall receive a TIRZ No. 4 Annual Credit Amount equal to the TIRZ No. 4 Revenue generated by the Assessed Property for the previous Tax Year (e.g. TIRZ No. 4 Revenue collected from the Assessed Property for Tax Year 2022 shall be applied as the TIRZ No. 4 Annual Credit Amount applicable to the Assessed Property's Improvement Area #1 Annual Installment to be collected in Tax Year 2023), but in no event shall the TIRZ No. 4 Annual Credit Amount exceed the TIRZ No. 4 Maximum Annual Credit Amount as calculated on Exhibit F for each Assessed Property. 2. The TIRZ No. 4 Maximum Annual Credit Amount available to reduce the Annual installment for an Assessed Property is calculated for each Lot Type, as shown on Exhibit F. The TIRZ No. 4 Maximum Annual Credit Amount is calculated so that the average Annual Installment minus the TIRZ No. 4 Maximum Annual Credit Amount for each Lot Type does not produce an equivalent tax rate for such Lot Type which exceeds the competitive, composite equivalent ad valorem tax rate ($2.92 per $100 of assessed value) taking into consideration the 2022 tax rates of all applicable overlapping taxing units and the equivalent tax rate of the Annual Installments based on Estimated Buildout Values at the time each applicable Assessment Ordinance is approved or PID Bonds are issued. The resulting TIRZ No. 4 Maximum Annual Credit Amount for each Lot Type in Improvement Area #1 and Improvement Area #2A is shown below. This section shall be updated as Assessments are levied on the Improvement Area #2 — Remainder Property. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 22 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 33 of 238 3. After the TIRZ No. 4 Annual Credit Amount is applied to provide a credit towards a portion of the Annual Installment for the Assessed Property, any excess TIRZ No. 4 Revenues available from the TIRZ No. 4 PID Account shall be held in a segregated account by the City and shall be used in accordance with the TIRZ No. 4 Project and Finance Plan and the TIRZ No. 4 Agreement. Section VI: Terms of the Assessments A. Reallocation of Assessments 1. Upon Division Prior to Recording of Subdivision Plat Upon the division of any Assessed Property (without the recording of subdivision plat), the Administrator shall reallocate the Assessment for the Assessed Property prior to the division among the newly divided Assessed Properties according to the following formula: OMMOM] Where the terms have the following meanings: A = the Assessment for the newly divided Assessed Property B = the Assessment for the Assessed Property prior to division C = the Estimated Buildout Value of the newly divided Assessed Property D = the sum of the Estimated Buildout Value for all of the newly divided Assessed Properties The calculation of the Assessment of an Assessed Property shall be performed by the Administrator and shall be based on the Estimated Buildout Value of that Assessed Property, relying on information from homebuilders, market studies, appraisals, Official Public Records of the County, and any other relevant information regarding the Assessed Property, as provided by the Owner. The Estimated Buildout Value for Lot Type 1, Lot Type 2, Lot Type 3, and Lot Type 4 are shown on Exhibit E and will not change in future Annual Service Plan Updates. The calculation as confirmed by the City Council shall be conclusive. The sum of the Assessments for all newly divided Assessed Properties shall equal the Assessment for the Assessed Property prior to subdivision. The calculation shall be made separately for each newly divided Assessed Property. The reallocation of an Assessment for an Assessed Property that is a homestead under Texas law may not exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section shall be reflected in the next Annual Service Plan Update and approved by the City Council. 2. Upon Subdivision by a Recorded Subdivision Plat ANACAPRI PUBLIC IMPROVEMENT DISTRICT 23 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 34 of 238 Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the Administrator shall reallocate the Assessment for the Assessed Property prior to the subdivision among the new subdivided Lots based on Estimated Buildout Value according to the following formula: A = [B x (C - D)]/E Where the terms have the following meanings: A = the Assessment for the newly subdivided Lot B = the Assessment for the Parcel prior to subdivision C = the sum of the Estimated Buildout Value of all newly subdivided Lots with same Lot Type D = the sum of the Estimated Buildout Value for all of the newly subdivided Lots excluding Non-Benefitted Property E= the number of newly subdivided Lots with same Lot Type Prior to the recording of a subdivision plat, the Owner shall provide the City an Estimated Buildout Value for each Lot to be create after recording the subdivision plat as of the date of the subdivision plat is anticipated to be recorded. The calculation of the Assessment for a Lot shall be performed by the Administrator and confirmed by the City Council based on Estimated Buildout Value information provided by the Owner, homebuilders, third party consultants, and/or the Official Public Records of the County regarding the Lot. The Estimated Buildout Value for Lot Type 1, Lot Type 2, Lot Type 3, and Lot Type 4 are shown on Exhibit E and will not change in future Annual Service Plan Updates. The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment for the portion of the Assessed Property subdivided prior to subdivision. The calculation shall be made separately for each newly subdivided Assessed Property. The reallocation of an Assessment for an Assessed Property that is a homestead under Texas law may not exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section shall be reflected in the next Annual Service Plan Update and approved by the City Council. 3. Upon Consolidation If two or more Lots or Parcels are consolidated into a single Parcel or Lot, the Administrator shall allocate the Assessments against the Lots or Parcels before the consolidation to the consolidated Lot or Parcel, which allocation shall be reflected in the next Annual Service Plan Update and approved by the City Council. The Assessment for any resulting Lot may not exceed the Maximum Assessment for the applicable Lot Type and compliance may require a mandatory Prepayment of Assessments pursuant to Section VI.C. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 24 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 35 of 238 B. Mandatory Prepayment of Assessments If an Assessed Property or a portion thereof is conveyed to a party that is exempt from payment of the Assessment under applicable law, or the owner causes a Lot, Parcel or portion thereof to become Non-Benefitted Property, the owner of such Lot, Parcel or portion there of shall pay to the City the full amount of the Assessment, plus all Prepayment Costs and Delinquent Collection Costs for such Assessed Property, prior to any such conveyance or act. Following payment of the foregoing costs in full, the City shall provide the owner with a recordable "Notice of PID Assessment Termination," a form of which is attached hereto as Exhibit J. C. True -Up of Assessments if Maximum Assessment Exceeded at Plat Prior to the City approving a final subdivision plat, the Administrator will certify that such plat will not result in the Assessment per Lot for any Lot Type to exceed the Maximum Assessment. If the Administrator determines that the resulting Assessment per Lot for any Lot Type will exceed the Maximum Assessment for that Lot Type, then (1) the Assessment applicable to each Lot Type shall each be reduced to the Maximum Assessment, and (2) the person or entity filing the plat shall pay to the City the amount the Assessment was reduced, plus Prepayment Costs and Delinquent Collection Costs, if any, prior to the City approving the final plat. The City's approval of a plat without payment of such amounts does not eliminate the obligation of the person or entity filing the plat to pay such amounts. D. Reduction of Assessments If as a result of cost savings or the failure to construct all or a portion of an Authorized Improvement, the Actual Costs of completed Authorized Improvements are less than the Assessments, (i) in the event PID Bonds are not issued, the City Council shall reduce each Assessment on a pro rata basis such that the sum of the resulting reduced Assessments for all Assessed Property equals the reduced Actual Costs that were expended, or (ii) in the event that PID Bonds are issued, the Trustee shall apply amounts on deposit in the applicable account of the Project Fund, relating to the PID Bonds, that are not expected to be used for purposes of the Project Fund to redeem outstanding PID Bonds, unless otherwise directed by the applicable Indenture. Excess PID Bond proceeds shall be applied to redeem outstanding PID Bonds. The Assessments shall not, however, be reduced to an amount less than the amount required to pay all debt service requirements on all outstanding PID Bonds. 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. Prepayment of Assessments ANACAPRI PUBLIC IMPROVEMENT DISTRICT 25 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 36 of 238 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 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 as 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 PID Assessment Termination." If an Assessment on an Assessed Property is prepaid in part, with Prepayment Costs: (1) the Administrator shall cause the Assessment to be reduced on said Assessed Property and the Assessment Roll revised accordingly; (2) the Administrator shall prepare the revised Assessment Roll and submit to the City Council for review and approval as part of the next Annual Service Plan Update; and (3) the obligation to pay the Assessment will be reduced to the extent of the Prepayment made. For purposes of Prepayments, the Improvement Area #1 Reimbursement Obligation is and will remain subordinated to (i) the Improvement Area #1 Bonds and (ii) any additional PID Bonds secured by a parity lien on the Improvement Area #1 Assessments issued to refinance all or a portion of the Improvement Area #1 Reimbursement Obligation. For purposes of Prepayments, additional PID Bonds issued to refinance all or a portion of the Improvement Area #1 Reimbursement Obligation will be on parity with the Improvement Area #1 Bonds. For purposes of Prepayments, the Improvement Area #2A Reimbursement Obligation is and will remain subordinated to (i) the Improvement Area #2A Bonds and (ii) any additional PID Bonds secured by a parity lien on the Improvement Area #2A Assessments issued to refinance all or a portion of the Improvement Area #2A Reimbursement Obligation. For purposes of Prepayments, additional PID Bonds issued to refinance all or a portion of the Improvement Area #2A Reimbursement Obligation will be on parity with the Improvement Area #2A Bonds. 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 projected Improvement Area #1 Annual Installments, and Exhibit H-2 shows the projected Improvement Area #2A Annual Installments. Annual Installments are subject to adjustment in each Annual Service Plan Update. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 26 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 37 of 238 Prior to the recording of a final subdivision plat, if any Parcel shown on the Assessment Roll is assigned multiple tax parcel identification numbers for billing and collection purposes, the Annual Installment shall be allocated pro rata based on the acreage of the property not including any Non-Benefitted Property or non -assessed property, as shown by the Collin Central Appraisal District for each tax parcel identification number. The Administrator shall prepare and submit to the City Council for its review and approval an Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each Annual Service Plan Update shall include updated Assessment Rolls and updated calculations of Annual Installments. The Annual Collection Costs for a given Assessment shall be paid by the owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment remaining on the Parcel to the total outstanding Assessment. Annual Installments shall be reduced by any credits applied under an applicable Indenture, such as capitalized interest, interest earnings on account balances, and any other funds available to the Trustee for such purposes. Annual Installments shall be collected by the City in the same manner and at the same time as ad valorem taxes. Annual Installments shall be subject to the penalties, procedures, and foreclosure sale in case of delinquencies as set forth in the PID Act and in the same manner as ad valorem taxes due and owing to the City. The City Council may provide for other means of collecting Annual Installments. Assessments shall have the lien priority specified in the PID Act. Sales of the Assessed Property for nonpayment of Annual Installments shall be subject to the lien for the remaining unpaid Annual Installments against the Assessed Property, and the Assessed Property may again be sold at a judicial foreclosure sale if the purchaser fails to timely pay any of the remaining unpaid Annual Installments as they become due and payable. The City reserves the right to refund PID Bonds in accordance with applicable law, including the PID Act. In the event of a refunding, the 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. The initial Annual Installments shall be due when billed and shall be delinquent if not paid prior to February 1, 2023. Failure of an owner of an Assessed Property to receive an invoice for an Annual Installment on the property tax bill shall not relieve said owner of the responsibility for payment of the Assessment. Assessments, or Annual Installments thereof, that are delinquent shall incur Delinquent Collection Costs. The City may provide for other means of collecting the Annual Installments to the extent permitted by the PID Act, or other applicable law. G. Prepayment as a Result of an Eminent Domain Proceeding or Taking ANACAPRI PUBLIC IMPROVEMENT DISTRICT 27 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 38 of 238 Subject to applicable law, if any portion of any Parcel of Assessed Property is taken from an owner as a result of eminent domain proceedings or if a transfer of any portion of any Parcel of Assessed Property is made to an entity with the authority to condemn all or a portion of the Assessed Property in lieu of or as a part of an eminent domain proceeding (a "Taking"), the portion of the Assessed Property that was taken or transferred (the "Taken Property") shall be reclassified as Non-Benefitted Property. For the Assessed Property that is subject to the Taking as described in the preceding paragraph, the Assessment that was levied against the Assessed Property (when it was included in the Taken Property) prior to the Taking shall remain in force against the remaining Assessed Property (the Assessed Property less the Taken Property) (the "Remaining Property"), following the reclassification of the Taken Property as Non-Benefitted Property, subject to an adjustment of the Assessment applicable to the Remaining Property after any required Prepayment as set forth below. The owner of the Remaining Property will remain liable to pay in Annual Installments, or payable as otherwise provided by this Service and Assessment Plan, as updated, or the PID Act, the Assessment that remains due on the Remaining Property, subject to an adjustment in the Assessment applicable to the Remaining Property after any required Prepayment as set forth below. Notwithstanding the foregoing, if the Assessment that remains due on the Remaining Property exceeds the applicable Maximum Assessment, the owner of the Remaining Property will be required to make a Prepayment in an amount necessary to ensure that the Assessment against the Remaining Property does not exceed such Maximum Assessment, in which case the Assessment applicable to the Remaining Property will be reduced by the amount of the partial Prepayment. If the City receives all or a portion of the eminent domain proceeds (or payment made in an agreed sale in lieu of condemnation), such amount shall be credited against the amount of prepayment, with any remainder credited against the assessment on the Remainder Property. In all instances the Assessment remaining on the Remaining Property shall not exceed the applicable Maximum Assessment. By way of illustration, if an owner owns 100 acres of Assessed Property subject to a $100 Assessment and 10 acres is taken through a Taking, the 10 acres of Taken Property shall be reclassified as Non-Benefitted Property and the remaining 90 acres of Remaining Property shall be subject to the $100 Assessment (provided that this $100 Assessment does not exceed the Maximum Assessment on the Remaining Property). If the Administrator determines that the $100 Assessment reallocated to the Remaining Property would exceed the Maximum Assessment, as applicable, on the Remaining Property by $10, then the owner shall be required to pay $10 as a Prepayment of the Assessment against the Remaining Property and the Assessment on the Remaining Property shall be adjusted to be $90. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 28 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 39 of 238 Notwithstanding the previous paragraphs in this subsection, if the owner of the Taken Property notifies the City and the Administrator that the Taking prevents the Remaining Property from being developed for any use which could support the Estimated Buildout Value requirement, the owner shall, upon receipt of the compensation for the Taken Property, be required to prepay the amount of the Assessment required to buy down the outstanding Assessment to the applicable Maximum Assessment on the Remaining Property to support the Estimated Buildout Value requirement. Said owner will remain liable to pay the Annual Installments on both the Taken Property and the Remaining Property until such time that such Assessment has been prepaid in full. Notwithstanding the previous paragraphs in this subsection, the Assessments shall never be reduced to an amount less than the amount required to pay all outstanding debt service requirements on all outstanding PID Bonds. Section VII: Assessment Roll The Improvement Area #1 Assessment Roll is attached as Exhibit 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 Improvement Area #2A 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 Improvement Area #2A Assessment Roll and Improvement Area #2A Annual Installments for each Parcel as part of each Annual Service Plan Update. Section Vill: Additional Provisions A. Calculation Errors If the owner of a Parcel claims that an error has been made in any calculation required by this Service and Assessment Plan, including, but not limited to, any calculation made as part of any Annual Service Plan Update, said owner's sole and exclusive remedy shall be to submit a written notice of error to the Administrator by December 1st of the year following City Council's approval of the calculation. Otherwise, said owner shall be deemed to have unconditionally approved and accepted the calculation. The Administrator shall provide a written response to the City Council and the owner not later than 30 days of such receipt of a written notice of error by the Administrator. The City Council shall consider the owner's notice of error and the Administrator's response at a public meeting, and not later than 30 days after closing such meeting, the City Council shall make a final determination as to whether an error has been made. If the City Council ANACAPRI PUBLIC IMPROVEMENT DISTRICT 29 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 40 of 238 determines that an error has been made, the City Council take such corrective action as is authorized by the PID Act, this Service and Assessment Plan, the applicable Assessment Ordinance, the applicable Indenture, or as otherwise authorized by the discretionary power of the City Council. The determination by the City Council as to whether an error has been made, and any corrective action taken by the City Council, shall be final and binding on the owner and the Administrator. B. Amendments Amendments to this Service and Assessment Plan must be made by the City Council in accordance with the PID Act. To the extent permitted by the PID Act, this Service and Assessment Plan may be amended without notice to owners of the Assessed Property: (1) to correct mistakes and clerical errors; (2) to clarify ambiguities; and (3) to provide procedures to collect Assessments, Annual Installments, and other charges imposed by this Service and Assessment Plan. C. Administration and Interpretation The Administrator shall: (1) perform the obligations of the Administrator as set forth in this Service and Assessment Plan; (2) administer the District for and on behalf of and at the direction of the City Council; and (3) interpret the provisions of this Service and Assessment Plan. Interpretations of this Service and Assessment Plan by the Administrator shall be in writing and shall be appealable to the City Council by owners of Assessed Property adversely affected by the interpretation. Appeals shall be decided by the City Council after holding a public meeting at which all interested parties have an opportunity to be heard. Decisions by the City Council shall be final and binding on the owners of Assessed Property and developers and their successors and assigns. D. Form of Buyer Disclosure Per Section 5.014 of the Texas Property Code, as amended, this Service and Assessment Plan, and any future Annual Service Plan Updates, shall include a form of the buyer disclosures for the district. The buyer disclosures are attached hereto as Appendix B. Within seven days of approval by the city Council, the City shall file and record in the real property records of the County the executed ordinance of this Service and Assessment Plan, or any future Annual Service Plan Updates. The executed ordinance, including any attachments, approving this Service an Assessment Plan or any future Annual Service Plan Updates shall be filed and recorded in their entirety. E. Severability If any provision of this Service and Assessment Plan is determined by a governmental agency or court to be unenforceable, the unenforceable provision shall be deleted and, to the maximum ANACAPRI PUBLIC IMPROVEMENT DISTRICT 30 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 41 of 238 extent possible, shall be rewritten to be enforceable. Every effort shall be made to enforce the remaining provisions. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 31 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 42 of 238 Exhibits The following Exhibits are attached to and made a part of this Service and Assessment Plan for all purposes: Exhibit A-1 Map of the District Exhibit A-2 Map of Improvement Area #1 Exhibit A-3 Map of Improvement Area #2 Exhibit A-4 Map of Improvement Area #2A Exhibit A-5 Map of Improvement Area #2 - Remainder Property Exhibit B-1 Authorized Improvements Exhibit C Service Plan Exhibit D Sources and Uses of Funds Exhibit E Maximum Assessment and Tax Rate Equivalent Exhibit F TIRZ No. 4 Maximum Annual Credit Amount Exhibit G-1 Improvement Area #1 Assessment Roll Exhibit G-2 Improvement Area #1 Projected Annual Installments Exhibit H-1 Improvement Area #2A Assessment Roll Exhibit H-2 Improvement Area #2A Projected Annual Installments Exhibit 1-1 Maps of Improvement Area #1 Improvements Exhibit 1-2 Maps of Improvement Area #2 Improvements Exhibit 1-3 Maps of Improvement Area #2A Improvements Exhibit J Form of Notice of PID Assessment Termination Exhibit K-1 District Legal Description Exhibit K-2 Improvement Area #1 Legal Description Exhibit K-3 Improvement Area #2 Legal Description Exhibit K-4 Improvement Area #2A Legal Description Exhibit K-5 Improvement Area #2 - Remainder Property Legal Description ANACAPRI PUBLIC IMPROVEMENT DISTRICT 32 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 43 of 238 Appendices The following Appendices are attached to and made a part of this Service and Assessment Plan for all purposes: Appendix A Engineer's Report Appendix B Buyer Disclosures ANACAPRI PUBLIC IMPROVEMENT DISTRICT 33 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 44 of 238 Exhibit A-1— Map of the District 1 .t 1 ! FID EX" OFT FkA�NRI ■ � C �1iJ Y.i •, MN�. T • .y M� MML- aw%V - c m aesmwl nor.- cH. .J w am . ne •. �... a ti, ... ANACAPRI PUBLIC IMPROVEMENT DISTRICT 34 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 45 of 238 Exhibit A-2 — Map of Improvement Area #1 F.T.DAFFAU BEY A-08 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 35 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 46 of 238 Exhibit A-3 — Map of Improvement Area #2 IQBUMESUFRE r w i r a�piLim— u i R C FgWz� SUM e� w. wnr a�mfr ,yam 1 1 -11 Ll i T- w v T'-:T - a.. ,u7 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 36 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 47 of 238 Exhibit A-4 — Map of Improvement Area #2A 1 PHAk rid l 1 1 Ilp{F►gAp �Ah[MAr s' ' I S'• rourK ■4�w �A1_ L� IMPROVEMENT AREA #2A ANACAPRI PUBLIC IMPROVEMENT DISTRICT 37 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 48 of 238 Exhibit A-5 — Map of Improvement Area #2 — Remainder Property •L IMPROVEMENT AREA #2 .�., REMAINDER PROPERTY ANACAPRI PUBLIC IMPROVEMENT DISTRICT 38 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 49 of 238 Exhibit B-1— Authorized Improvements Improvement Area #1 Improvements Roadway Improvements $ 6,043,595 $ 460,226 $ $ 5,583,370 100.00% $ 5,583,370 0.00% $ 0.00% $ Water Systems 1,969,400 88,557 1,880,843 100.00% 1,880,843 0.00% 0.00% Sanitary Sewer 1,447,746 - 1,447,746 100.00% 1,447,746 0.00% 0.00% Storm Sewer 3,312,295 93,304 3,218,991 100.00% 3,218,991 0.00% 0.00% Site Fencing, Retaining Walls, Landscape 1,632,574 233,970 1,398,604 100.00% 1,398,604 0.00% 0.00% Soft Costs' 5,289,506 290,938 4,998,569 100.00% 4,998,569 0.00% 0.00% $ 19,695,116 $ 1,166,994 $ $ 18,528,122 $ 18,528,122 $ $ Improvement Area #2 Improvements 3 Roadway Improvements $ 1,211,323 $ 178,791 $ $ 1,032,532 0.00% $ - 30.39% $ 313,829 69.61% $ 718,703 Water Systems 599,434 88,476 510,957 0.00% 30.39% 155,301 69.61% 355,656 Sanitary Sewer 2,478,104 365,768 2,112,336 0.00% 30.39% 642,026 69.61% 1,470,309 Storm Sewer 1,415,844 208,979 1,206,865 0.00% 30.39% 366,816 69.61% 840,049 Site Fencing, Retaining Walls, Landscape 1,145,165 169,026 976,139 0.00% 30.39% 296,689 69.61% 679,450 Soft Costs4 1,586,589 234,180 1,352,408 0.00% 30.39% 411,053 69.61% 941,355 $ 8,436,458 $ 1,245,221 $ $ 7,191,237 $ $ 2,185,714 $ 5,005,522 Improvement Area #2A Improvements Roadway Improvements $ 4,149,405 $ - $ $ 4,149,405 0.00% $ 100.00% $ 4,149,405 0.00% $ - Water Systems 921,494 921,494 0.00% 100.00% 921,494 0.00% Sanitary Sewer 767,152 767,152 0.00% 100.00% 767,152 0.00% Storm Sewer 841,028 841,028 0.00% 100.00% 841,028 0.00% Site Fencing, Retaining Walls, Landscape 592,655 592,655 0.00% 100.00% 592,655 0.00% Soft Costs4 2,447,957 2,447,957 0.00% 100.00% 2,447,957 0.00% $ 9,719,692 $ $ - $ 9,719,692 $ $ 9,719,692 $ Private Improvements Private Improvements $ 5,574,053 $ $ 5,574,053 $ - 0.00% $ 0.00% $ - 0.00% $ $ 5,574,053 $ $ 5,574,053 $ - $ $ - $ Bond Issuance Costs Debt Service Reserve Fund $ 2,415,300 $ $ - $ 2,415,300 $ 1,611,600 $ 803,700 $ Capitalized Interest - - - - Underwriter's Discount 663,400 663,400 442,900 220,500 Underwriter's Counsel 331,700 331,700 221,450 110,250 Cost of Issuance 1,990,200 1,990,200 1,328,700 661,500 $ 5,400,600 $ $ $ 5,400,600 $ 3,604,650 $ 1,795,950 $ Other Costs Deposit to Administrative Fund 80,000 80,000 40,000 40,000 $ 80,000 $ $ $ 80,000 $ 40,000 $ 40,000 $ - Total $ 48,905,918 $ 2,412,215 $ 5,574,053 $ 40,919,651 $ 22,172,772 $ 13,741,356 $ 5,005,522 Footnotes: (1) Costs based on Engineer's Report, attached hereto as Appendix A. (2) Non -Assessed Property allocated 14.76% of Improvement Area #1 Improvements that benefit the Non -Assessed Property ($7,906,461 * 14.76% _ $1,166,994); and 14.76% of all Improvement Area #2 Improvements ($8,436,458 * 14.76%= $1,245,221) based on Estimated Buildout Value. (3) Allocation of Improvement Area #2 Improvements based on Estimated Buildout Value (4) Soft Costs includes Soft Costs and Contingency as detailed in the Engineer's Report. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 39 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 50 of 238 Exhibit B-2 — Appropriation of Costs of Authorized Improvements Footnotes: (1) Reimbursable in part or in full from future Assessments levied in the Improvement Area #2 - Remainder Property. (2) The costs of Improvement Area #2 Improvements appropriated to the Improvement Area #2 - Remainder Property are calculated based on Estimated Buildout Value. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 40 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 51 of 238 Exhibit C — Service Plan Principal $ 473,601.91 $ S01,639.14 $ 531,336.18 $ S62,791.28 $ 596,108.52 Interest 1,310,984.00 1,282,946.77 1,253,249.73 1,221,794.63 1,188,477.38 (1) $ 1,784,585.91 $ 1,784,585.91 $ 1,784,585.91 $ 1,784,585.91 $ 1,784,585.91 Annual Collection Costs (2) $ 40,000.00 $ 40,800.00 $ 41,616.00 $ 42,448.32 $ 43,297.29 Additional Interest' (3) $ - $ - $ - $ - $ - Total Annual Installment (4) = (1) + (2) + (3) $ 1,824,585.91 $ 1,825,385.91 $ 1,826,201.91 $ 1,827,034.23 $ 1,827,883.19 Principal $ 235,785.10 $ 249,743.58 $ 264,528.40 $ 280,188.48 $ 296,775.64 Interest 652,680.00 638,721.52 623,936.70 608,276.62 591,689.46 (1) $ 888,465.10 $ 888,465.10 $ 888,465.10 $ 888,465.10 $ 888,465.10 Annual Collection Costs (2) $ 40,000.00 $ 40,800.00 $ 41,616.00 $ 42,448.32 $ 43,297.29 Additional Interest' (3) $ - $ - $ - $ - $ - Total Annual Installment (4) = (1) + (2) + (3) $ 928,465.10 $ 929,265.10 $ 930,081.10 $ 930,913.42 $ 931,762.39 Footnotes: (1) Additional Interest will not be charged on the Improvement Area #1 Reimbursement Obligation, or the Improvement Area #2A Reimbursement Obligation. In the event PID Bonds are issued, the Service Plan and Assessment Roll shall be updated to reflect the Additional Interest collected for the PID Bonds. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 41 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 52 of 238 Exhibit D — Sources and Uses of Funds Improvement Area #1 Reimbursement Obligation $ $ 22,145,000 $ $ Improvement Area #1 Owner Contribution' 27,772 Improvement Area #2A Reimbursement Obligation - 11,025,000 Improvement Area #2A Owner Contribution' 2,716,356 Improvement Area #2 - Remainder Property Owner Contribution' - 5,005,522 Owner Contribution - Non -Assessed Property''' 2,412,215 - Owner Contribution - Private Improvements' 5,574,053 Total Sources $ 7,986,268 $ 22,172,772 $ 13,741,356 $ 5,005,522 Improvement Area #1 Improvements3 Improvement Area #2A Improvements Improvement Area #2 Improvements' Private Improvements Bond Issuance Costs Debt Service Reserve Fund Capitalized Interest Underwriter's Discount Underwriter's Counsel Cost of Issuance Other Costs Deposit to Administrative Fund Total Uses Footnotes: $ 1,166,994 $ 18,528,122 $ - $ - - 9,719,692 - 1,245,221 2,185,714 5,005,522 5,574,053 - - - $ 7,986,268 $ 18,528,122 $ 11,905,406 $ 5,005,522 $ - $ 1,611,600 $ 803,700 $ - 442,900 220,500 221,450 110,250 1,328,700 661,500 $ $ 3,604,650 $ 1,795,950 $ $ $ 40,000 $ 40,000 $ $ $ 40,000 $ 40,000 $ - $ 7,986,268 $ 22,172,772 $ 13,741,356 $ 5,005,522 (1) Non -reimbursable to Owner from Assessments. (2) Reimbursable in part or in full to Owner from levy of Assessments in Improvement Area #2 - Remainder Property. (3) Non -Assessed Property allocated 14.76% of Improvement Area #1 Improvements that benefit the Non -Assessed Property ($7,906,461 * 14.76% = $1,166,994); and 14.76% of all Improvement Area #2 Improvements ($8,436,458 * 14.76% = $1,245,221) based on Estimated Buildout Value. Such Improvements to be funded by Owner Contribution for Non -Assessed Property. (4) Preliminary estimate only, to be updated if PID Bonds are issued. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 42 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 53 of 238 Exhibit E — Maximum Assessment and Tax Rate Equivalent • EstimatedAverage Buildout Annual Gross Improvement Area #1 Lot Type 1 (40') Lot Type 2 (50') 174 284 $ 430,000 $ 480,000 $ 74,820,000 $ 136,320,000 $ 45,100 $ 50,344 $ $ 7,847,347 14,297,653 $ $ 3,282 3,664 $ $ 571,137 1,040,597 $ 0.7633 $ 0.7633 Improvement Area #1 Subtotal 458 $ 211,140,000 $ 22,145,000 $ 1,611,734 Improvement Area #2A Lot Type 3 (40') Lot Type 4 (50') 136 101 $ 430,000 $ 480,000 $ 58,480,000 $ 48,480,000 $ 44,323 $ 49,476 $ $ 6,027,880 4,997,120 $ $ 3,335 3,723 $ $ 453,565 376,006 $ 0.7756 $ 0.7756 Improvement Area #2A Subtotal 237 $ 106,960,000 $ 11,025,000 $ 829,571 Total 695 $ 318,100,000 $ 33,170,000 Footnotes: (1) Per information provided by the Owner. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 43 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 54 of 238 Exhibit F — TIRZ No. 4 Maximum Annual Credit Amount Footnotes: (1) Per information provided by the Owner. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 44 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 55 of 238 Exhibit G-1— Improvement Area #1 Assessment Roll Footnotes: (1) The entire Improvement Area #1 Initial Parcel is contained within Property ID 2770352. For billing purposes, the Annual Installment due 1/31/2023 shall be allocated pro rata based on acreage. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 45 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 56 of 238 Exhibit G-2 — Improvement Area #1 Projected Annual Installment 2023 $ 473,601.91 $ 1,310,984.00 $ 40,000.00 $ 1,824,585.91 2024 $ 501,639.14 $ 1,282,946.77 $ 40,800.00 $ 1,825,385.91 2025 $ 531,336.18 $ 1,253,249.73 $ 41,616.00 $ 1,826,201.91 2026 $ 562,791.28 $ 1,221,794.63 $ 42,448.32 $ 1,827,034.23 2027 $ 596,108.52 $ 1,188,477.38 $ 43,297.29 $ 1,827,883.19 2028 $ 359,067.18 $ 1,153,187.76 $ 44,163.23 $ 1,556,418.17 2029 $ 380,323.96 $ 1,131,930.98 $ 45,046.50 $ 1,557,301.44 2030 $ 402,839.13 $ 1,109,415.81 $ 45,947.43 $ 1,558,202.37 2031 $ 426,687.21 $ 1,085,567.73 $ 46,866.38 $ 1,559,121.31 2032 $ 451,947.09 $ 1,060,307.85 $ 47,803.70 $ 1,560,058.64 2033 $ 478,702.36 $ 1,033,552.58 $ 48,759.78 $ 1,561,014.72 2034 $ 507,041.54 $ 1,005,213.40 $ 49,734.97 $ 1,561,989.91 2035 $ 537,058.40 $ 975,196.54 $ 50,729.67 $ 1,562,984.61 2036 $ 568,852.26 $ 943,402.68 $ 51,744.27 $ 1,563,999.20 2037 $ 602,528.31 $ 909,726.63 $ 52,779.15 $ 1,565,034.09 2038 $ 638,197.99 $ 874,056.95 $ 53,834.73 $ 1,566,089.67 2039 $ 675,979.31 $ 836,275.63 $ 54,911.43 $ 1,567,166.37 2040 $ 715,997.28 $ 796,257.66 $ 56,009.66 $ 1,568,264.60 2041 $ 758,384.32 $ 753,870.62 $ 57,129.85 $ 1,569,384.79 2042 $ 803,280.67 $ 708,974.26 $ 58,272.45 $ 1,570,527.39 2043 $ 850,834.89 $ 661,420.05 $ 59,437.90 $ 1,571,692.84 2044 $ 901,204.32 $ 611,050.62 $ 60,626.65 $ 1,572,881.59 2045 $ 954,555.61 $ 557,699.33 $ 61,839.19 $ 1,574,094.13 2046 $ 1,011,065.30 $ 501,189.64 $ 63,075.97 $ 1,575,330.91 2047 $ 1,070,920.37 $ 441,334.57 $ 64,337.49 $ 1,576,592.43 2048 $ 1,134,318.86 $ 377,936.08 $ 65,624.24 $ 1,577,879.18 2049 $ 1,201,470.53 $ 310,784.41 $ 66,936.72 $ 1,579,191.66 2050 $ 1,272,597.59 $ 239,657.35 $ 68,275.46 $ 1,580,530.40 2051 $ 1,347,935.36 $ 164,319.58 $ 69,640.97 $ 1,581,895.91 2052 $ 1,427,733.14 $ 84,521.80 $ 71,033.79 $ 1,583,288.73 Total $ 22,145,000.00 $ 24,584,303.01 $1,622,723.17 $ 48,352,026.18 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) 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. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 46 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 57 of 238 Exhibit H-1— Improvement Area #2A Assessment Roll Footnotes: (1) The entire Improvement Area #2A Initial Parcel is contained within Property ID 2759616, and 2759795. For billing purposes, the Annual Installment due 1/31/2023 shall be allocated pro rata based on acreage. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 47 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 58 of 238 Exhibit H-2 — Improvement Area #2A Projected Annual Installment 2023 $ 235,785.10 $ 652,680.00 $ 40,000.00 $ 928,465.10 2024 $ 249,743.58 $ 638,721.52 $ 40,800.00 $ 929,265.10 2025 $ 264,528.40 $ 623,936.70 $ 41,616.00 $ 930,081.10 2026 $ 280,188.48 $ 608,276.62 $ 42,448.32 $ 930,913.42 2027 $ 296,775.64 $ 591,689.46 $ 43,297.29 $ 931,762.39 2028 $ 178,763.41 $ 574,120.35 $ 44,163.23 $ 797,046.98 2029 $ 189,346.20 $ 563,537.55 $ 45,046.50 $ 797,930.25 2030 $ 200,555.50 $ 552,328.26 $ 45,947.43 $ 798,831.18 2031 $ 212,428.38 $ 540,455.37 $ 46,866.38 $ 799,750.13 2032 $ 225,004.14 $ 527,879.61 $ 47,803.70 $ 800,687.46 2033 $ 238,324.39 $ 514,559.37 $ 48,759.78 $ 801,643.53 2034 $ 252,433.19 $ 500,450.56 $ 49,734.97 $ 802,618.73 2035 $ 267,377.23 $ 485,506.52 $ 50,729.67 $ 803,613.42 2036 $ 283,205.97 $ 469,677.79 $ 51,744.27 $ 804,628.02 2037 $ 299,971.76 $ 452,911.99 $ 52,779.15 $ 805,662.90 2038 $ 317,730.09 $ 435,153.66 $ 53,834.73 $ 806,718.49 2039 $ 336,539.71 $ 416,344.04 $ 54,911.43 $ 807,795.18 2040 $ 356,462.86 $ 396,420.89 $ 56,009.66 $ 808,893.41 2041 $ 377,565.46 $ 375,318.29 $ 57,129.85 $ 810,013.60 2042 $ 399,917.34 $ 352,966.42 $ 58,272.45 $ 811,156.20 2043 $ 423,592.44 $ 329,291.31 $ 59,437.90 $ 812,321.65 2044 $ 448,669.12 $ 304,214.64 $ 60,626.65 $ 813,510.41 2045 $ 475,230.33 $ 277,653.42 $ 61,839.19 $ 814,722.94 2046 $ 503,363.96 $ 249,519.79 $ 63,075.97 $ 815,959.72 2047 $ 533,163.11 $ 219,720.64 $ 64,337.49 $ 817,221.24 2048 $ 564,726.37 $ 188,157.39 $ 65,624.24 $ 818,507.99 2049 $ 598,158.17 $ 154,725.59 $ 66,936.72 $ 819,820.48 2050 $ 633,569.13 $ 119,314.62 $ 68,275.46 $ 821,159.21 2051 $ 671,076.42 $ 81,807.33 $ 69,640.97 $ 822,524.72 2052 $ 710,804.15 $ 42,079.61 $ 71,033.79 $ 823,917.54 Total $ 11,025,000.00 $ 12,239,419.31 $1,622,723.17 $ 24,887,142.48 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) 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. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 48 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 59 of 238 Exhibit 1-1— Maps of Improvement Area #1 Improvements x1 ' 1 tr -- - J PID EXHIBIT - ANACAPRI MASTER IMPROVEMENTS WATER -SOUTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLON COUNTY, TEXAS nrxr.R �ww McAD m,s ' 3 DRAM BY: SM DA-E: DB/03/22 SCA-=-1- - 500' JOB. NO. 2021M07 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 49 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 60 of 238 Jill 5 i J PID EXHIBIT - ANADAPFI PHASE I - DIRECT COSTS SANITARY - SOUTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS 11wJOMRmhqa.. FM4XVM MC.ADA S �DR74jq BY: SU DA-E:0 /03/M2 SCA_E:1' - 500' JOB. I N02021M007 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 50 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 61 of 238 i -1 16 PID EXHIBIT - ANADAPFI PHASE I - DIRECT COST STORM SEWER - SOUTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS 11wJOMRmhqa.. McADA s , 12 DRAM BY: SU DA-E:OSf03/M2 SCA-E:1' - 500' JOB. N02021M007 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 51 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 62 of 238 i -1 PID EXHIBIT - ANADAPFI MASTED IMPROVEMENT STORM SEWER - SOUTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS 11�JOMR�.. FM4XVM McADA s 14 �741—YB: SU DA-E:OSf03f2U22 SCA-El' - 500' JOB. N02021M007 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 52 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 63 of 238 PID EXHIBIT - ANADAPFI MASTED IMPROVEMENT PAVING - SOUTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS 11wJOMR�.. FM4XVM x;n"mm ANACAPRI PUBLIC IMPROVEMENT DISTRICT 53 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 64 of 238 I 11 r- — i i I' - i- PID EXHIBIT - ANACAPRI PHASE I - DIRECT COSTS PAN - SOUTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OOLUN COUNTY, TEXAS 11�JOMR�.. MC.ADA S 22 �7RAWMN Bv. SM DATE:-9/03f2022 SCALE: I' - 500' OB. w2029394476 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 54 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 65 of 238 I PID EXHIBIT - ANADAPFI MASTED IMPROVEMENT LANDSCAPE - SOUTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS 11wJOMRmhqa.. MC.ADA S 26 DRAWN Bv. SM DATE:-9/03f2022 SCALE: I' - 500' OB. L402029394476 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 55 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 66 of 238 Exhibit 1-2 — Maps of Improvement Area #2 Improvements ld Eg -J 'I I i RID EXHIBIT - ANADAPRI MASTER IMPROVEMENT LANDSCAPE - NORTH in the DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS 11rJOM RRq'. 01 MW 771 lfYYdir LiY7W1Y, 7Y7u 7�R 797 �71�OYf rRAW �w24 1�1LfL� N B": B5 DATE:0d/03/2022 SCALE:1" — v ,r .OB. NO.MEH22D42 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 56 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 67 of 238 1 PID EXHIBIT - ANACAPRI MASTER IMPROVEMENTS PAVING - NORTH in the —F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OOLUN COUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT 57 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 68 of 238 -- I PID EXHIBIT - ANADAPFI MASTED IMPROVEMENT &Afo]:ltj&I Will =I:m► [*];A0:1 in the F.T. QAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 58 2022 - 2022000141224 09/19/2022 03:17 PM Page 69 of 238 t I 40, 4- I I PID EXHIBIT - MASTER IMPROVEMENT Lo ANITA RY - MIDDLE 40, in the 5, F.T. DAFFAU SURVEY, ABSTRACT NO. 288 ,s CITY OF ANNA OOLUN COUNTY, TEXAS McADAms ANA CAPRI ANACAPRI PUBLIC IMPROVEMENT DISTRICT 59 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 70 of 238 -1 PID EXHIBIT - ANADAPFI MASTER IMPROVEMENT SANITARY - NORTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT 60 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 71 of 238 Lh -1 K=- LIE] I J � y,kti I L� PID EXHIBIT - ANADAPFI MASTED IMPROVEMENT WATER - NORTH TH ruTJar acshM_ in r F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OLUN COUNTY, TEXAS 11�JOMR�.. FM4XVM MC.ADA S DRAWN BY: SM vATE=OBf03/N22 SCA-=:I- - 5OD' JOB. N02029394476 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 61 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 72 of 238 Exhibit 1-3 — Maps of Improvement Area #2A Improvements F.1. UAFrAU WFrVF-Y. Akio I HAL` I NU. 288 CITY OF ANNA COLON COUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 62 2022 - 2022000141224 09/19/2022 03:17 PM Page 73 of 238 PID EXHIBIT - ANADAPFI PHASE II - DIRECT COSTS SANITARY - NORTH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OOLUN COUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT 63 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 74 of 238 PID EXHIBIT - ANAAPFI PHASE II - DIRECT COST STORM SEWER - NORTH TH in the F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLON COUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT 64 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 75 of 238 PID EXHIBIT - ANADAPFI PHASE II - DIRECT COSTS PAVING - NORTH in the —F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA OOLUN COUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT 65 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 76 of 238 Exhibit J — Form of Notice of PID Assessment Termination KS [Date] Collin County Clerk's Office Honorable [County Clerk] Collin County Administration Building 2300 Bloomdale Rd, Suite 2106 McKinney, TX 75071 P3Works, LLC 9284 Huntington Square, Suite 100 North Richland Hills, TX 76182 Re: City of Anna Lien Release documents for filing Dear Ms./Mr. [County Clerk] Enclosed is a lien release that the City of Anna is requesting to be filed in your office. Lien release for [insert legal description]. Recording Numbers: [Plat]. Please forward copies of the filed documents to my attention: City of Anna Attn: City Secretary 120 W. 7th Street Anna, TX 75409 Please contact me if you have any questions or need additional information. Sincerely, [Signature] P3Works, LLC (817) 393-0353 Admin =,P3-Works.com www.P3-Works.com ANACAPRI PUBLIC IMPROVEMENT DISTRICT 66 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 77 of 238 AFTER RECORDING RETURN TO: [City Secretary Name] 120 W. 711 Street Anna, TX 75409 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF COLLIN § THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full Release") is executed and delivered as of the Effective Date by the City of Anna, Texas, a Texas home rule municipality (the "City"). RECITALS WHEREAS, the governing body (hereinafter referred to as the "City Council") of the City of Anna, Texas is authorized by Chapter 372, Texas Local Government Code, as amended (hereinafter referred to as the "Act"), to create public improvement districts within the corporate limits of the City; and WHEREAS, on April 12, 2022 the City Council of the City approved Resolution No. 2022-04-1140 creating the AnaCapri Public Improvement District (the "District"); and WHEREAS, the District consists of approximately 279.554 contiguous acres within the corporate limits of the City; and WHEREAS, on , the City Council, approved Ordinance No. , (hereinafter referred to as the "Assessment Ordinance") approving a service and assessment plan and assessment roll for the real property located with the District, the Assessment Ordinance being recorded on , as Instrument No. in the Official Public Records of Collin County, TX; and WHEREAS, the Assessment Ordinance imposed an assessment in the amount of [amount] (hereinafter referred to as the "Lien Amount") and further imposed a lien to secure the payment of the Lien Amount (the "Lien") against the following property located within the District, to wit: ANACAPRI PUBLIC IMPROVEMENT DISTRICT 67 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 78 of 238 [legal description], an addition to the City of [City], [County], Texas, according to the map or plat thereof recorded as Instrument No. in the Map Records of Collin County, Texas (the "Property"); and WHEREAS, the Lien Amount has been paid in full. RELEASE NOW THEREFORE, for and in consideration of the full payment of the Lien Amount, the City/County hereby releases and discharges, and by these presents does hereby release and discharge, the Lien to the extent that is affects and encumbers the Property. EXECUTED to be EFFECTIVE this the day of , 20 CITY OF ANNA, TEXAS, A Texas home rule municipality, By: [Manager Name], City Manager ATTEST: [Secretary Name], City Secretary STATE OF TEXAS § COUNTY OF COLLIN § This instrument was acknowledged before me on the day of , 20, by [City Manager], City Manager for the City of Anna, Texas, a Texas home rule municipality, on behalf of said municipality. Notary Public, State of Texas ANACAPRI PUBLIC IMPROVEMENT DISTRICT 68 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 79 of 238 Exhibit K-1— District Legal Description LEGAL DESCRIIPT ON OF THE PROPERTY Tract I 0.682 Ac all that certain lot, tact or parcel of land, situated in the Martin Moore Survey, Abstract Number 649 Collin County, Texas, and being part of that certain tact of land described by deed to Kayasa Holdings LLC, recorded in Instrument plumber 20190807000946750, Real Property Records, Collin County, Texas and being more particularly described as follows; COMMENCING at a 5/r tapped rebar found starn pad "UA Surveying, at the northeast corner of a certain tract of land, described by deed to Bloomfield Homes LP, recorded in Instrument Number 20200117000076380, Real Property Records, Collin County, Texas, and being the northwest corner of a certain tract of land, described by deed to Oakwood Village Apartment Inc., recorded in IrWYUMetu Number 20171201001594200, Real Property Records, Collin County, Texas, and being in the south line of that certain tract of land described by deed to QJR Partnership LTD, recorded in ImUvmcnt Number 20020214000237330, heal Property Records, Collin County, Texas; THENCE S 89"14'43" E, with the north line of said Oakwood Village Apartments tract, and the south line of said CUR tract, a distance of 33.88 Feet to a In rebar found at the southeast comer thereof, and being on the west line of said Kayasa Holdings tract; THENCE N or16'34" E, with the common line of said Kayasa Holdings tract, and said QJR tract, a distance of 745.53 feet to a poilnt, from which a 5/8' capped rebar found at the northeast corner thereof bears. N 01`16'34" E, a dlstanceof 279.03feet; THENCE Southeasterly with the are of a curve to the right, having a radius of 1260.00 feet, a central angle of 14'3T56", an arc length of 322,51 feet, and whose chord bears 5 06"25'13" E, a distance of 321.63 feet; THENCE 5 W53'45" IN, a distance of 460,27 fee to the common line of said Oakwood Village apartments tract., and said Kayasa Holdings tract; THENCE with the common lire of said Oakwood Tillage Apartments tract, and said Kayam Holdings tract, the following: 5 87"53'54" W, a distance of 46.30 feet to a 5f 8" rebar found; N 01' T6'34" E, a distance of 36.17 feet to the POW OF BEGINNING and containing approximately 0.482 acre cf land- ANACAPRI PUBLIC IMPROVEMENT DISTRICT 69 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 80 of 238 q Trait 2 2.192 AC all that certain lot, tract or pt l of land, situated in the Jahn Ellett Survey, Abstract Nwnbef 296, Collin County, Texas, and beng part of that certain tract of land described by deed to QJR Partnership LTD, recxvdccl in Instnument Number 20020214000237330, Real Property Records, Collin C.9unty, TexAs and being more particularly described as follows: BE61NNING at a 5/8" capped re4ar found stamped "UArSurveying", at the northeastcarner of a certain tract of land, described by deed to Bloomfield Homes LP, recorded in Instmument Nanl r 202001170000710. Real Property Records, Collin County, Texas, and being the northwest corner of a certain tract of land, described by deed to Oakwood Village Apartments Inc., recorded in [nstnnzient Number 20171201001594200, Real Property Records, Collin County, Texas, and being in the south line of said QJR tract; THENCE N 88654'18" W, with the south line of said CUR tract, and the north line of said Bloomfiel d tract, a distance of 40,12 feet; THENCE Northwesterly, with the an of a curve to the left, having a radi Lis of 1140.00 feet, a oentfal angle of 15'38'20", and an are length of 311-16feet, whose chord bears N 06655'26" W, 330.20 feet; THENCE Northwesterly, with the are of a curve to the right, having a radius of 1260.00 feet, a central angle of 1r12'41", an arc length of 290.53 feet, whose chord bears N 08'W15" W, 299.89 feet to the north line of said QJR tract, and the south line of that certain tract of land, described by deed to DR Horton -Texas LTD, recorded irn lnsWwmrnt Nwnbcr 20210212000310470, Real Property Records, Collin County, Texas; THENCE N E9 23'38" E, with the north line of said QJR tract, and the south line of said DR Horton -Texas LTD, a distamf of IM02 feet, from which a 5/8" capped rebar found at the ANACAPRI PUBLIC IMPROVEMENT DISTRICT 70 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 81 of 238 southeast corner thereof, being the northeast corner of said QJR tract, and being on the west line of that certain tract of land described by deed to Kayasa Holdings LLC, recorded in Instr uttent Number 20190807000946750, REal Property Records, Collin County, Texas; THENCE Southeasterly with the arc of a curve to the left, having a radius of 1140, DD feet, a central angle of 13-W50, an are[ length of 260,93 feet, and whose chord bears S08'11'11" E, a distance of 260-36 f"t; THENCE Southeasterly with the arc -of a curve to the right, having a radius -of 1260.00 feet, a Qentral angle of00°5V25", an arc length of 21.41 feet, and whose chord bears S 14"15'23" E, a distance of 21,41 feet to the common line of said QJR tract and said Kayasa Holdings tract; THENCE S 01 '1`34" W, with the common line of said QJR tract and said Kayasa Holdings tract, Etdistarrce of745.53 feet to the POINT OF 8EGINNING and containing approximately 2.192 acres of land, JAMESA. STOWELL 112 9/2022 Tract 3 2.909 Ac all that certain lot, tract or parcel of land, situated in the Eli W_ Witt Survey, Abstract Nurnbcr 997. Collin County, Texas and being part of that certain tract of land_, described by dead to Dk HortonTexas LTD, Tecorded in ynshument Number 20210212.000310470, Beal Property ]t,ecoy&, Collin County, Texas, and being more particularly described as follows: COMMENCING at a 5/8' capped rebar found stamped "UA Surveying, at the northeast comer of a certain tract of land, described by deed to Bloomfield Homes LP, rewr4ed in lnstrua nt Number 202001170"76390, Real Property Records, Collin County, Texas, and being the northwest corner of a certain tract of land, described by deed to Oakwood Village Apartments Inc., recorded in InstrLment Number 20171201001594200, Real Property Records, Collin County, Texas, and being in the south line of that certain tract of land described by deed to JR Partnership LTD, recorded in Inshurnent Plumber 20020214000237330, Real Property Records, Collin County, Texas; THENCE S 89-14-43" E, with the north line of said Oakwood Village Apartments tract, and said ANACAPRI PUBLIC IMPROVEMENT DISTRICT 71 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 82 of 238 OJR tract, a distance of 33.88 feet to a 1" rebar found at the southeast corner thereof, and being on the west line of that certain tract of land described by deed to Kayasa Holdings LL , recorded ii7 Instrument Number 20190807D00946754, Real Property Reoards, Collin County, Texas; THENCE N 01416'34" E, with the common line of said Kayasa tract, and said Q1R tract, a dlstance of 1024,56 feet to a 5f r tapped rebar found at the northeast comer thereof, and being the southeast corner of said DR Horton -Texas tract; THENCE S 89"23'38" W, with the common Iine of said QJR tract' and said DR Horton -Texas bract, a distance of 48.56 feet to the POINT OF BECy%N1NCr; THENCE 589"23`38" W, with the common line of said OJR tract, and said 0R Horton -Texas tract, a distance of 120.02 feet; THENCE over, across and through said DR Horton -Texas tract the following; Northwesterly with the arc of a curve to the right, having a radios of 1260.0-0 fee, a central angle of 02'4S'2r, an arc length of 61.75 feet, and whose chord bears N distance of 61.74 feet; N 01`16'34", a distance of 478.02 feet; Nordmswrly with the are of a eurve to the left, having a radius of 1140,00 feet, a central angle of 01"5VO8", an arc length of A51 feet, and whose chord bears N I '17'00"' E, a distance of 39_50 feet; N 00'42'34" W, a distance of475.25 feet; Northeasterly with the we of a eme to the right, having a radios of 1140_00 fee% a central angle of 03"35'22", an arc length of 71.42 feet, and whose chord bears N 89'04"31" E, a distance of 71.41 feet; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 72 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 83 of 238 5 89'07'47' E, a distance of 48,61 feet, from which a 1/2' capped rebar found stamped 'JBI' at m outer ell comer of said DR Harton-Texas tract bears N 49"15'11" E, a distance c f 90.49 feet; S 00'42`34' E. a distance of 475.25 feet; Southwesterly with the arc of a curve to the right, having a radius of 1260.00 feet, a central angle of 01'59'oS", an arc length of 43.66 feet, and whose chard bears 5 W17'00' W, a distance of 43,66; S01'16'34' W, a distance of 478.02 feet; Sotitheasterly with the arc of a curve to the left, having a radius of I. 1.40,00 feet, a central angle of 02*54'19", an arc length of 57_81 feet, and whose chord bears S 00*10'36" E, a distance of 57.80 feet to the POINT OF BEGINNING and containing approximately 2.9 9 acres of land, P''ssr4 -5F io}�f4'� .cIS JAMES A. STOWELL _ 4, j+-6513 .: I;?8?2022 LEGAL DESCRIPTION Tract 4 0.590 Ac BEING all That "ctain lot, tut or parcel of land, situated is the Eli W, Witt Survey, Abstract Number 991, Collin County, Texas and being part of that oertain tract of land, described by dead Altma Texas Land LA recorded in 20140718000750570, Real Property Records, Collin County, Texas and being more particularly described as follows: BEGINNING at a 1/r capped relar set stamped 'MCADAMS' at the northwest corner of said Texas Land tract, and being on the east line of that certain tract of land, described by deed to DR Lorton -Texas LTD, recorded in Instrument Number 202111212000310470, Real Prnporty Records, Collin County, Texas and being the southwest corner of that certain tract of land, described in deed to Anacapri Laguna Amre, LLC, recorded in 2 2 10319001679920, Real Property Records, Collin County, Texas; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 73 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 84 of 238 THENCE S 88`2.4'07" E, with the common line of aid Anna Texas Land tract, and said Anacapri Laguna Azure tract, a distance of 40.1$ feet; THENCE S 0090' E, a distance of 641.93 feet; THENCE N 8 OT47' W, a distance of 20.19 feet; THENCE Northwesterly with the arc of a curve to the left, having a radius of 1260.00 feet, a etatral angle of00054VY, an arc length of 19.82 feet, and who! to chord bears N 89834'5D" W, a distance of 19.92 feet to the common line of said Anna) Texas Land tract, and said DR Horton - Texas tract, from which a 112" capped reber found stamped "JBI" at a southwest comer of said Anna Texas Land tract burg S 00°34'00" E, a distance of 20.17 feet; THENCE N 001'34'OW W, with the common line of said .Anna Texas Land tract, and said DR Horton -Texas tract, a distance of 642.60 feet to the POINT OF BEGINNING and containing approximately 0.590 acres of land. IAjAESF A STOWELL V281?0' LEGAL. DESCRIPTION Tract 5 1.290 Ac BEING all that certain lot, tract or parcel of land., situated in the Eli W- Witt Survey, Abstract Number 997, Collin County, Texas and being part of that certain tract of land, described by deed to DR HortonTexaLs LTD, recorded in Instrument Number 20210212000310470, Real Prop" Records, Collin County, Texas, and being more particularly dL ribed w follows: BEGINNING at a 112" capped rebar set stamped 'MCADAMS" on the east line of said DR Horton -Texas tract, and being the southwest corner of that certain tract of land, described in deed to Ar wapri Laguna Axe, LLC, reebrded in 20210919001679920, Real. Property Records, Coffin County, Texas, and being the northwest. Corner of dim certain tract of land, described in deed to Anna Texas Land Ltd, recorded in 20140719000750570, Real pony Records, Collin County, Texas; THENCE S 00"34'0{Y'' E, with the common line of said Arm Texas Land tract, and said DR Horton -Texas tract, a distance of 642.60 feet to a point, from whieb a 112" napped rebar fowxl stamped "JBL" at the southwest corner of the aforementioned Anna Texas Land tract bears S ANACAPRI PUBLIC IMPROVEMENT DISTRICT 74 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 85 of 238 00°34'00" ]', a distance of 20.17 feet; THENCE Southwesterly with the an of a curve to the left, having radius of 1260M feet, a ce-Wr~al angle of 01 �49109", an are ten& of 44.00 feet, and whasc chord begs S 89003'34' W, a disum-e of 40.00 feet; THE NCE N OT34'00* W, a distnnce of 1404.42 feet to a north I ine of said DR Horton -Texas tract, and being on a southwest line of said Anacapri Laguna Aawe tract; THENCE N 88 W56" E, with the common line of said DR Horton -Texas tract, and said Anacapri Laguna Azue tract, a distance of40.01 feet., to a 1Y2" capped rebar found at a northeasterly corner thereof; THENCE S 00°34'0U" E, with the common line of said DR Horton -Texas tract; and said Anacapri Laguna Azure tract, a distance of 762.32 feet to ffic POINT OF BEGINNING and containing approximately 1.290 acres of land, Z PI LEGAL DESCRIPTION 97.716 Acres Phase IAA, IB, IC BEING all that certain lot, tract, or pared of land, siamled in the F. Daffau Survey, Abstract Number 288, Collin County, Texas, and being part that certain called 111.666 acre tract of land, described in deed to Oakwood Village Apartments, recorded in Instrument Number 20171201001594200, Official Public Records, Collin County, Texas, and being part of that certain 60.549 acre tract of land, described in deed to Two-J Partners, recorded in Instriunent Number 20080509000562490, Official Public Records, Collin County, Texas, and being part of that certain called 51.195 acre tract of land described in deed to Two-J Partners, recorded in Instrument Number 20080509000562500, Official Public Records, Collin County, Texas; BEGINNING at a V pipe found at the northeast Corner of said 60.549 acre tract, being the approximate northeast comer of said Daffaiu Survey, brinB the northwest corner of that certain knot of land, described in deed to Jose Facundo and wife, Josefim O. Facundo, recorded in Volume 4625, Pane 759, Deed Records, Collin County, Texas, and being on the south Line of County Road 370, and the south fine of a variable width right-of-way dedication, as dedicated by ANACAPRI PUBLIC IMPROVEMENT DISTRICT 75 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 86 of 238 plat of Anna High School Addition, an addition to the City of Anna, according to the plat thereof, recorded in ]nstrurncnt Number 2011-177, Plat Records, Collin County, Texas; THENCE 5 00 31'10" W, with the east line of said 111.666 acre tract, and the west line of said Facundo tract, a distance of 246.52 feet to a 31W rebar found at the southwest corner thereof, and being the northwest corner of West Crossing Phase 9, an addition to the City of Anna, according to the plat thereof, recorded in Insuvment KLu W 2.020-243, Plat Records, Collin County, Texas; THENCE S 00"27'59" W, with the east line of said 111.666 acre tract, and the west line of $aid West Cussing Phase 9, passing the southwest corner thereof, and being the northwest corner of West Crossing Phase 7, an addition to the City of Anna, according to the plat thereof, recorded in Instrument Nuanber 2018-609, Plat Records, Collin County, Texas, continuing with the wept line thereof, a total distance of 1574.0S feet to a 1f2" capped rebar set Aamped "McAdams" at the southwest comer thereof, and being the nothwest corner of West Crossing Phase 5, an addition to the City of Anna, according to the plat thereof, recorded in [nsln ii, nt Number 2016-554, Plat Records, Collin County, Texas; THENCE S 00"24'48" Val, with the east line of said 111,666 acre tract, and the west line of said West Crossing Phase 5, a distance of 865.25 feet to a 11f2" capped rebar found stamped 181" at the southeast corner of the aforementioned 111.666 ar-re tract;, and being the southwest corner of a 40' right-*f way dedication, as shown on said West Crossing Phase 5, and being on the north line of Hackberry Drive as dedicated by plat of Avery Pointe Phase 1, an addition to the City of Anna, according to the plat thereof, recorded in Instrument Number 2416-4% Plat Records, Collin County, Texas; THENCE N S9"08'24" W, with the south line of said 111.666 acre tract, and the north line of said Ha,ckberry Drive, a distance at 985.77 feet to a 1/2" capped mbar found stamped 19I" at the common south corner of said Two-J Partners tracts of land; THENCE N 99°49'39" W, with the south line of said 111.666 acre tract, and the north line of said Ha,ckben y Drive, a distance of 316,19 feet to a 1/2" capped rebar set stamped " cAda rn 5",1ro m which the southwest corner of said 1 l 1.666 acre tract, and the southeast comer of that Certain tract of land, described in deed to QJR Partnership, Ltd, recorded in Volume 5106, Page 2380, heed Records, Collin County, Texas, bears N SS"49'39" W, a dlstanae of535.51 feet, from which a 1/2" rebar found disturbed bears S W31' E, 0,5 f"t; THENM over, across, and through said 111.666 acre tract, the fallowing: N 00'00'00" E, a distance of'398.32feet to a 1J2" capped rebar set stamped "Mr.Mams" at a point of curvature, of a curve to the left; Northwesterly with the arc of said curve to the left, having a radius of 120U0 feet, a neutral angle of 30"27'50", an are length of 638,03 feet, and whose chord bears N 15613'55" W, a distance at 630.55 feet to a 1/2" capped rebar set stamped "`McAdams"; N 3WZ7'50" W, a distance of 391.27 feet to a 1j2" capped rebar set stamped "McAdams" at a point of curvature, of a curve to the right; Northwesterly, with the arc of said curve to the right, having a radius of 1000,00 feet, a central angle of 31"2VW, an arc length of 547,33 feet, and whose chord bears N 14"47'03" W, a ANACAPRI PUBLIC IMPROVEMENT DISTRICT 76 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 87 of 238 distance of W,52 feet to a 1f 2' capped rebar set stamped "McAdams"; 89'26' 24 , a distance of 15.28 feet to the west line of said 111.666 acre tract and to the east line of that certain tract of land, described in dead to QJR Partnership, Ltd, recorded in Voluone 5106, Page 2380, Deed Records, Collin County, Texas; THENCE N 00-33'36" E, with the west line cf said 111.666 acre tract, and the east line of salts COR Partnership tract, a distance of 794.11 feet to a 5J9' capped rebar founts stamped "UA" at the n ortheast comer thereof, being the northwest corner of said 111.666 acre tm t, and being on the south line of f JR Partnership tract recorded in Document Number 20020214ODD237330, DeSed RwaTdls, Collin County, Texas; THENCE S 89'14'43" E, with the north 11ne of said 111.666 acre tract, and the south line of said CUR ParLnmhip tract, a distance of 33.88 feet to a i" rebar found, and being cn the west line of that certain called 59.534 acre tract of land, described in deed to ionic Investments, recorded in Instrument Number 20150605000666010, Of ieW Public RwDrds, Collin County, Texas; THENCE 5 01*16'34" A with the north line of said 11L666 and the west line of said ionic Investments tract, a distance of 36,17 feet to a 5/r rebar found on the south line of said County Road 370; THENCE N 87*S3'54" E, with the north line of said 111,666 acre tact, and the south line afraid Ionic Investments tract, passing at a distance of 680.35 feet, a 5JW rebar found in said County Road 370, being the southwest corner of that certain called 2460 acre tract of land, described in deed to the City of Anna, recorded in Volume 4792, Page 2386, Deed Records, Collin County, Texas, continuing with the south line thereof, a total distance of 813.32 feet to a 5J8" rebar found in said -County Road 370, from which a 5/r rebar found for witness bears 5 00626 E, a distance of 30,0 feet, THENCE N 87*36'W E with the south line of said City of Anna Tract, passing at 167.15 feet the southeast corner thereof, continuing with the south line of said Jonic Investments tract, a tow distance of 472.80 feet to a 1J2" royal` found at the southeast corner thereof, being the southwest comer of said right-of-way dedication shown on Anna High School Addition; THENCE N 89*35'09" E, with the north line of said Welch tract, and the south line of said right- of-way dedication,, a distance of517,45 feet to the POINT OF BEGINNING and containing approximately 97.716 acres of land z ANACAPRI PUBLIC IMPROVEMENT DISTRICT 77 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 88 of 238 PID LEGAL DESCRIPTION 179.573 Acres Phase III BEING all that certain lot, tract, or par"l of land, situated in the Eli W. Witt Survey, Abstract Number W7, and the S. E. Roberts Survey, Abstract Number 786, Collin County, Texas, and being all of that certain called 80,000 acre tract of land, described in deed to Anacapri Laguna Azwm, LLC, recorded in Document Number 20210819001679940, Real Property Rbrords4 Collin County, Texas, and being all of that otttain called 95-444 acre tract of land described in deed to Anacapri Laguna Azure, LLC, recorded in Document Number 20210819001679920, Real Property Records, Collin County, Texas, ud being more particularly described as follows: BEGINNING at a PK Nail found in at the intersection of County Road No. 369, and County load No. 371, and being the nordtwest corner of that Train tract of land described in deed to Howard J Cox etal, recorded in Volume 1995, page 577, Deod Records~ Collin County, Texas; THENCE S 0102.9'21� W, with the east line of said 80.0D1 acre tract, and with the approximate certter of the abandoned county road 369, a distance of 3021.11 feet to a 1/2" rebar found (disturbed), and being the northeast corner of that certai n tract of land, described in deed to Anna Texas Land, LTD, recorded in Document Number 20140718000750570, Real Property Records, Collin County, Texas; THENCE N 88°29'03" W, vhth the north line of said Anna Texas Land tract, and the south line of said 90.000 acre tract, passing at a distance of 1211.75 feet the southwest corner thereof, and being the southeast comer of said 95.444 acre tract, continuing with the south line thereof, a total distmce of 1804.50 feet to a 1 /2' capped rebar set stamped 'MCADAMS" on the east line of that aeetain tract of lao,r described in dead to DR Horton -Texas LTD, recotded in Dwmnent Number 202102120000310470, Real Property Records, Collin County, Texas; THENCE with the common line of said 95.444 acte tract, and. said DR Horton -Texas tract, the following-, N 00'34'00" W, a distance of 762,32 feet to a IIr capped rebar found; 88°2O'56" W, a distance of 967.09 feet; N 0014628" W, a distance of 1103.04 fer-t; N 0I'l T06" W, a distance of 1185.78 feet to a point in the approximate center of County Road 371; THENCE 5 89" 1 T l 5' E, with the north line of said 95,444 acre tract, and with said County Road 371, a distance of 149&53 feet; THENCE S 88041144;' E, with said Country Road 371, and with the north lime of said 95A44 acre tract of land, gassing at a divWme of 190,26 feet a PK nail f>Lmd at the northeast corner thereof, and being the northwest corner of said 80.00O acre tract, and continuing with the north line thereof, a total distance of 59 L 09 feet to a PK Nail found; THENCE S 88°38' lr E, with the north line of said 80.000 acre tract, and said County Road 371, a distance of 8 10. 84 feet to the POINT OF BEGINNING and containing approximately 179.573 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 78 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 89 of 238 acres of land. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 79 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 90 of 238 Exhibit K-2 — Improvement Area #1 Legal Description LEGAL DESCRIPTION PHASE JLA BEING all that certain lot, tractr or parcel of land, situated in the F. Daffau SurveyrAbstract Number288, Collin County, Texas, and being park that certain called 111.666 acre track of land, described in deed to Dakwood Village Apartmentsr recorded in Instrument Number 20171201O015942O0, Official Public Re€ord5r Collin County, Texas, and being part of that certain 60.549 acre tract of landr described in deed to Two-J Partnersr recorded in Instrument Number 2008O5090O0562490r official Public Records, Collin County, Terns, and being part ofthat €ertain called 51.195 acre tract of land described in deed to Two-J Partners, recorded in Instrument Number20U8O50900O562500, Official Public Recordsr Catlin County, Texas: COMMENCING at a 1"pipe found at the northeast corner of said 60.549 acretractr being the approximate nort heast co mer of said Daffau Surveyr being the northwest cornerofthat €ertaintradt of Iandr des€ribed in deed to Jose Fa€undo and wife, Josefina D_ Fa€undo, recorded in Volume 4625, Page 759, Deed Records, Collin Countyr Texasr and being on the south line of County Road 370, and the south line of avariablewidth right-of-way dedicationr as dedicated by plat of Anna High S€hoot Addition, an addition to the City of Annar a€cordingtothe plat thereof, recorded in Instrument Number 2011-177, Plat Records, Collin Countyr Texas; THENCE S OO°31'10" Wr with the east line of said 111.666 acre tract, and the west line of said Facundo tract a distance of 246.52 feet to a 3/9" rebar found at the southwest corner thereofr and being the northwest corner of West Crossing Phase 9, an addition to the City of Anna, according to the plat thereof, recorded in Instrument Number 2020-243r Plat Recordsr Collin County, Texas, - THENCE S OO°27'S9" Wr with the east line of said 111.666 acre tract, and the west line of said West Crossing Phase 9r passing the southwest comer thereofr and being the northwest corner of West Crossing Phase 7r an addition to the City of Anna, according to the plat thereof, recorded in Instrument Number 2018-609r Plat Recordsr Collin County, Texas, continuing with the west line thereof, a total distance of 1096.45 feet to a 1f2r' capped re bar set stamped "KIcAdams" at the POI NTOF BEGINNING; THENCE S 00D27'59" Wr with the west line of said West Crossing Phase 7, a distance of 477.60 feet to a 1/2' capped reba r setsta m ped "McAdams" at southwest corner th ereof, and beirig the northwest corner of West Crossing Phase 5, an addition to the City of Anna, ac€ording to the plat thereof, recorded in Instrument Number 2016-554, Plat Records, Collin County, Texas; THENCE S 00"24'4S" Wr with the east line of said 111.666 acre tract, and the west line of said West Crossing Phase 5r a distance of 968.25 feet to a 112" capped rebar found stamped "JBI' at the southeast corner of the aforementioned 111.666 acre tractr and being the southwest corner of a 40' right-of-way dedication, as shown on said West Crossing Phase 5, and being on the north line of Hackberry drive as dedicated by plat of Avery Pointe Phase 1, an addition to the City of Anna, according to the plat thereofr recorded in Instrument Number2016-454, Plat Records, Collin Cou nty, Texas-, THENCE N 89°08'24" W, with the south line of said 111.666 acre tract, and the north line of said Hackberry Drive, a distan€eof998.77 feet toa 1f2r' capped rebar found stamped "JBI" at the common south corner of said Two-J Partners tracks of land; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 80 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 91 of 238 THENCE N 89049'39" W, with the south line of said 111.666 acre tract, and the north line of said Hackberry, Drive, a distance of 316.19 feet to a 1/2" upped rebar set stamped "McAdams", from which the southwest corner of said 111.666 acre tract, and the southeast Corner of that certain tract of land, described in deed to CUR Partnership, Ltd, recorded in Volume 5106, Page 2380, Deed Records, Catlin County, Texas, bears N 88049'39" , a distance of 535.51 feet, from which a 1/2" rebar found disturbed bears S 56°31' E, 0.5 feet; THENCE over, across, and through said 111.666 acre tract, the following: N OW00'OO" E, a distance of 399.32 feet to a 112" capped rebar set stamped "McAdams" at a paint of curvature, of a curve to the left; Northwesterly with the arcofsaid curve to the left, having radius of 1200.00fet, a central angle of 30°27'50", an arc length of 638.03 feet, and whose chord bears N 15"13'55" W, a distance of 630.55 feet to a 1/2" capped rebarset stamped "McAdams"; N BOD27'50" W, a distance of 70.55 feet to a 1/2" capped rebar set stamped "McAdams"; N 59°32'10" E, a distance of 315.07 feet to a 112" capped rebar set stamped "McAdams"; S 31057'15" E, a distance of 15.01feet toa 1/2" capped rebar set stamped "McAdams"; N 59 32'10" E, a distance cf 920.31 feet to a 112" capped rebar set stamped "McAdams"; S 31057'15" E, a distance of 353.27 feet to a V2" capped rebar set stamped "McAdams" at the paint of curvature of a curve to the right; So utheasterly with the arc of sai d cu rve to the right, having a rad i us of 825.00 feet, a centra I angl a of 1W14'O8", an arc length of 147.38 feet, and whose chard bears S 26°50'11" E, a distance of 147.19 feet to a 1/2" capped rebar set stamped "McAdams"; N 68°37'O7" E, a distance of 204.22 feetto the POINT OF BEGINNING and containing: approximately 44.177 acres of land_ 7.:' 9::''022 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 81 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 92 of 238 LEGAL DESCRIPTION PHASE 1B BEING all that certain lot, tract, or parcel of land, situated in the F. Daffau Survey, Abstract Number 288, Co1lln County, Texas, and being part that certain €ailed 111.666 a€re tract of land, described in deed to Oakwood VIIIage Apartments, recorded in Instrument Number 20171201001594200, Official Publi€ Re€ord5r Collin County, Texas, and being part ofthat €ertain 60.549 acre tract of land, des€ribed in deed toTwo-J Partners, recorded in Instrument Number 20080509000562490, Offi€ial Publi€ Records, Collin County, Terns, and being part ofthat €ertain €ailed 51.195 acre tract of land des€ribed in deed to Two-J Partners, re€orded in Instrument Number 20090509000562500, Official Public Re€ord5r Collin County, Texas and being part ofthat €ertain tract of Iandr des€ribed in deed to Rebec€a Welch, recorded in Volume R, Page 560, Deed Records, Catlin County, Terns, and being more parti€ularly described as follows: BEGINNING at a 1" pipe found at the northeast comer of said 60.549 acre track, being the approximate northeast corner of said DaffauSurvey, beingthe northwest corner of that certain tra€tof land, described in deedtoJose Fa€undo and wfferJosefina O. Fa€undo, recorded in Volume4625, Page 759, Deed Re€ord5r Collin County, Texas, and being on thesoukh line of County Road 370, andthe south line of variable width right-of-way dedication, as dedicated by platof Anna High School Addition, an addition to the City of Anna, according to the plat thereof, recorded in Instrument Number 2011-177, Plat Records, Collin Countyr Texas; THENCE S00°31'10" W,with the east line of said 111.666 acretractr and the west line of said Fa€undo tractr a distance of 246.52 feet to a 3/9" rebar found at the southwest corner thereofr and being the northwest corner of West Crossing Phase 9, an addition tothe CityafAnna, a€€ordingto the plat thereof, recorded in Instrument Number 2020-243r Plat Re€ordsr Collin County, Terms, THENCE S 00°27'59" W, with the east line of said 111.666 acre tract, and the west line of said West Crossing Phase 9r passing the southwest €omer thereof, and being the northwest corner of West Crossing Phase7r an add itio n to th e City of Anna, a€€ordingto the platthereof, recorded in Instrument Number 2018-609r Plat Re€ordsr Collin County, Texas, continuing wi#hthewest linethereof, a total distance of 1101.68 feet to a 1/2" capped rebar set stamped "McAdams"; THENCE S 68°3707'r Wr a distance of 204.22 feet to a 1/2" €apped rebar set stamped "McAdams" THENCE n o rthwesterty with the ar€ of a curve to the lefty having a radius of 825.00 feet, a €entraI angle of 09°24'45", an ar€ length of 135.53 feetr and whose €hard bears N 26°25'39' W, a distance of 135.38 feet to a 1/2" capped rebar set stamped "McAdams", THENCE N 3105715" W, a distan€e of 353.27 feet to a 1/2" capped rebar set stamped "MC-Adamsr' THENCE S 59°52'10" Wr a distance of MO.27 feet to a 1/2' capped rebar set stamped "McAdams''; THENCE N 31057r15" W, a distance of 140.01 feet to a 1/2" capped rebar set stamped "McAdams, THENCE N 31031r27r' W, a distance of 42.14 feet to a 1/2" €apped rebar set stamped "McAdams , THENCE N 29°49r35r' W, a distan€eof43.14feetto a 1/2" capped re ba r set stamped "M€Adams"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 82 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 93 of 238 THENCE N 28001'4-4" W, a distance of 43.14 feet to a 1/2" capped rebar set stamped 'McAdams", THENCE N 26013'53" W, a distance of 43.14 feet to a 1/2" capped rebar set stamped "McAdams:", THENCE N 24026'02" W, a distance of 43.14 feet to a 1/2" capped rebar set stamped 'McAdams". - THENCE N 22037'18" W, a distance of 43.63 feet to a 1/2" capped rebar set stamped "M1cAdams", THENCE N 20°48'29" W, a distance of 43.82 feet to a 1/2" capped rebar set stamped "M1cAdams"; THENCE N 18°58'39" W. a distance of 43.82 feet to a 1/2" capped rebar set stamped VcAdams"; THENCE N 17°0r9'05" W, a distance of 43.82 feet to a 1/2" capped rebar set stamped VcAdams"; THENCE N 15°19'30" W, a distance of 45-92 feet to a 1/2" capped rebar set stamped VcAdams"; THENCE N 13°29'56" W, a distance of 43.82 feet to a 1/2" capped rebar set stamped VcAdams"; THENCE N 11°40'21" W, a distance of 43.82 feet to a 1/2" capped rebar set stamped "M1cAdams"; THENCE N 10°02'24" W, a distance of 34.53 feet to a 1/2" capped rebar set stamped "M1cAdams"; THENCE N 09-07'37" W, a distance of 9.30 feet to a 1/2" capped rebar set stamped "McAdams"; THENCE N U8°01'12" W, a distance of 43.82 feet to a 1/2" capped rebar set stamped "M1cAdarn. "; THENCE N 06°11'38" W, a distance of 43.82 feet to a 1/2" €apped rebar set stamped "M1cAdams"; THENCE N 04-37'45" W, a distance of 43.83 feet to a 1/2" capped rebar set stamped "M1cAdams"; THENCE N 01°58'05" W, a distance of 59-50 feet to a 1/2" capped rebar set stamped "M1cAdams"; THENCE N 01°01'36" W, a distance of 25.01 feet to a 1/2" capped rebar set stamped "M1cAdams"; N 00°53'45" Er a distance of 494.84feet to a 1/2" capped rebar set stamped "McAdams" to the north line of said 111.666 acre tract, and the south line of that certain tract of land, described in deed to Kayasa Holdings LLC, recorded in Instrument Number 20190807000945750. Official Public Records, Collin County, Texas; THENCE N 87°53'54" E, with the north line of said 111.666 acre tract, and the south line of said Kayasa Holdings tract, passing at a distance of 303.60feet, a 5/8" rebar found in said County Road 370, being the southwest comer of that certain called 2.460 acre tract of land, described in deed to the City of Anna, recorded in Volume 4792, Page 2386, Deed Records, Collin County, Texas, continuing with the south Iinethereaf, atotaI distance of436.56 feet to a 5/8" rebar found in said County Road 370, from which a 5/9" rebar found for witness bears S 00°26' E, a distance of 30.0 feet; THENCE N 87°36'59" E with the south line of said City of Anna Tract, passing at 167.15 feet the so ut heast co m er t he reof, continuing with the south line of said Kayasa Hal dingstractratotal distance of 472.W feet to a 1/2" rebar found at the southeast co rner t he reof, being the southwest cornerofsaid right-of-way dedication shown on Anna High School Addition; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 83 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 94 of 238 THENCE N 89035'09" E, with the north line of said Welch tract, and the south line of said right-cf-way dedication, a distance of 517.45 feet to the POINT OF BEGINNING and Containing approximately 38.822 acres of land_ ANACAPRI PUBLIC IMPROVEMENT DISTRICT 84 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 95 of 238 LEGAL DESCRIPTION PHASE 1B TRACT 2 BEING all #hat certain lot, tract, or parcel of land, situated in the F. Daffau Survey, Abstract Number 288, Collin County, Texas, and being park that certain €ailed 111.666 a€retract of land, described in deed to Oakwood Village Apartments, recorded in Instrument Number 20171201001594200, Official Public Records, Collin County, Texas, and being part ofthat cer tin 60.549 acre tract of land, des€ribed in deed to Two-J Partners, recorded in Instrument Number 2008050r9000562490, Official Publi€ Records, Collin County, Teas, and being part ofthat certain €ailed 51.195 acre tract of land described in deed to Two-J Partners, re€orded in Instrument Number20CrW509000562500, Official Public Records, Collin County, Texas and being part ofthat €ertaintradt of land, des€ribed in deed to Rebecca Welch, recorded in Volume R, Page 560, Deed Records, Collin County, Texas, and being more particularly described as follows: COMMENCING at a 1" pipe found at the northeast corner of said 60.549 a€retract, being the approximate northeast comer of said Daffau Survey, being the northwest comer of that certain tract of land, described in deed to Jose Facundo and wife, Josefina O_ Facundo, recorded in Volume 4625, Page 759r Deed Records, Collin Co unty, Texa Sr and being on the south line of County Road 370r and the south line of avariablewidth right-of-way dedication, as dedicated by plat of Anna High School Addition, an addition to the City of Anna, according to the plat thereof, recorded in Instrument Number 2011-177, Plat Records, Collin County, Texas; THENCE S00°31'10" Wr with the east line of said 111.666 acretrack, andthe west line of said Fa€undo tract, a distance of 246.52feet to a 3J8" rebar found at thesouthwest cornerthereof, and beingthe northwest corner of West Crossing Phase 9, an addition to the City of Anna, according to the plat thereof, recorded in Instrument Number 2020-243, Plat Records, Collin County, Texas. - THENCE S00°27'59" Wr with the east line of said 111.666 acretract, andthe west line Of Said West Crossing Phase 9, passing the Southwest comer thereof, and being the northwest corner of West Crossing Phase 7, an addition to the City of Anna, according to the plat thereof, recorded in Instrument Number 20'J.8-609, Plat Records, Collin County, Texas, continuing wikhthe west linethereof, a total distance of 1101.68 feet to a 1f2" capped rebar set Stamped "McAdams:% THENCE S W370r LV, a distance of 204.22 feet to a 1/2' capped rebar Set stamped "McAdams" THENCE northweskertywiththe arc of a curve tothe left, having a radiusof 825.00 feet, a central angle of 09°24'45", an arc length of 135.53 feet, and whose chard bears N 26025'30" W, a distance of 135.38 feetto a 1f2" capped rebar setstamped "McAdams:, - THENCE N 31057157 W, a distance of 353.27 feetto a 1/2" capped rebarset Stamped "McAdams" THENCE S 59°32'10" LV, a distance of 920.31 to a 1f 2" capped rebar set Stamped "McAdams"; THENCE N 31°57'15" W, a distance of 15.01 feettothe POINTOF BEGINNING, being a 112' capped rebar set stamped "McAdams"; THENCE S 59°32"0" Wr a distance of 50.02 feetto a V2" capped rebarset stamped "McAdams"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 85 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 96 of 238 THENCE N 31057'15" W, a distance of 133-23 feet to a 1/2" capped rebar set stamped "McAdams"; THENCE northwesterly with the arc of a curve to the right, having a radius of 1545.00 feet, a Central angle of 19°40'59", an arc length of 530-76 feet, and whose chard bears N 22006'45" W, a distance of 528-16 feet to a 1/2" capped rebar set stamped "McAdams"; THENCE S 77°43'44" W, a distance of 120-00 feetto a 1/2" capped rebar set stamped "McAdams"; THENCE southeasterly with the arc of a curve to the left, having a radius of 1665-DO feet, a central angle of 4°27'41", an arc length of 129.65 feet, and whose chard bears S 14°30'06" E, a distance of 129.61 feet to a 1/2" capped rebar set stamped "McAdams"; THENCE S 73°16'03" W, a distance of 72.92 feet to a V2" capped rebar set stamped "McAdams"; THENCE northwesterly with the arc of a curve to the right, having a radius of 1110.00 feet, a Central angle of 13,58'13", an arc length of 270-65 feet, and whose chord bears N 06°25'31" W, a distance of 269-98 feet to a 1/2" capped rebar set stamped "McAdams"; THENCE N W33'36" E, a distance of 178.28 feet to a 112" capped rebar set stamped "McAdams"; THENCE S89°26'24" E,a distance of 28-69 feet to a 1/2" capped rebar set stamped "McAdams"; THENCE N S8°O8'20" E, a distance of 170-00 feet to a 1j2" capped rebar set stamped "McAdams"; THENCE southeasterly with the arc of a curve to the left, having a radius of 1495-DO feet, a central angle of 30°05'35", an arc length of 795-21 feet, and whose chord tears S 16,54'27" E, a distance of 776-22 feet to a 1/2" capped rebar set stamped "McAdams"; THENCE S W5715" E, a distance of 134.53 feetto the POINT OF BEGINNING and containing approximately 2.397 Acres (103,970 Square Feet) of land- ............ AAW.ES A r,,Ycwri _ 7-:2P.:'022 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 86 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 97 of 238 LEGAL DESCRIPTIGN PHASE 1C BEING all that certain lot, tract, or parcel of land, situated in the F. Daffau survey, Abstract Number 288, Collin County, Texas, and being part that certain called 111.666 acre tract of land, described in deed to Oakwood Village Apartments, recorded in Instrument Number 20171201001594200, Official Public Records, Collin County, Texas, and being part ofthat certain 60.549 acre tract of land, described in deed to Two-J Partners, recorded in Instrument Number 20080509000562490, Offi€ial Publi€ Records, Collin County, Texas, and being part ofthart certain called 51.195 acre tract of land described in deed to Two-J Partners, re€orded in Instrument Number20090509000562500, Official Public Records, Collin County, Texas, and being all of Lot Ix, Blo€k Sr Anacapri, Phase 1B, an addition to the City of Anna, ac€ordingto the plat thereof, recorded in Document Number, Plat Records, Collin COunty,TexaSr and being mare partcularly described as follows: Beginning at a 518" capped rebar found, at the northwest corner of said Oakwood tract, same being the northeast corner of a certain tract of land, described by deed to Bloomfield Homes LP, recorded in Instrument Number 2020011700007680, Deed Records, Collin County,TexaS, and being in the south line of a certain tract of land, described by deed to OJR Partnership, LTD, recorded in Instrument Number 20020214000237330, Deed Records, Collin County, Texas. - THENCE S 89D14'43" E, with the north line of said Da kwood t ra ct, same beingthe south line of said QJR tract, a distance of 33.88 feet to a 1" re bar found, at the southeast corner thereof, being in the north line of said Oakwood track, same being the west line of a certain tract of land described by deed to Kayasa Holdings, LLC, recorded in Instrument Number 20190807000946750, Deed Records, Collin County, Terns; THENCE S 01°16'34" W, with the north line of said oakwood tract, same being the west line Of said kayasa tract, a distance of36.17 feet to a 5f8" rebar found at th e so ut hwest co mer t he reof, and being in the north line of said Oakwood tract, - THENCE N 87°53'54" E, with the north line Of said Oakwood tract, and the south line of said Kayasa tract, a distance of 142.23 to a 1f2" capped rebar Set, stamped "MCADANIS", at the northwest comer of a certain called 0.773 acre Variable Width Right-of-way Dedication to the City of Anna, according to said Anacapri, Phase 16, and being in the north line of said Oakwood track; THENCE with the west line of said Anacapri, Phase 16 the following 21 bearings and distances: S 00053'45" W, a distance of 460.00 feet to a 1J2" capped re bar Set, Stamped "MCADAMS"; S 01°01'36" E a distance of 25.01 feet to a V2" capped rebar set, stamped "MCADAMS"; S 01058'05" E, a distance of 58.50 feet to a 1f 2" capped rebar set, stamped "MCADAMS"; S 13403745" E, a distance of 45.93 feet to a 1f 2" capped rebar set, stamped "MCADAMS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 87 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 98 of 238 S 06011'38" E, a distance of 43.92 feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 08001'12" E, a distance of 43.92 feet to a 1/2" capped rebar set, stamped " MCADAMS", S 09007'37" E, a distance of 9.30feetto a 112" capped re bar set, stamped " MCADAMS"; S 10002'24' E, a distance of 34.53 feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 11040'21" E, a distance of 43.92 feet to a 1/2" capped rebar set, stamped " MCADAMS", S 13029'56" E, a distance of 43.82 feet to a 1/2" capped rebar set, stamped " MCADAMS"; S 15019'30" E, a distance of 43.92 feet to a 1/2" capped rebar set, stamped "MCADAMS", S 17009'05" E, a distance of 43.92 feet to a 1/2" capped rebar set, stamped " MCADAMS", S 18058'39" E, a distance of 43.92 feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 20048'29" E, a distance of 43.92 feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 22037'18" E, a distance of 43.63 feet to a 1/2" capped rebar set, stamped " MCADAMS", S 24026'02" E, a distance of 43.14feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 2601553" E, a distance of 43.14feet to a 1/2" capped rebar set, stamped "MCADAMS", S 28001'44" E, a distance of 43.14feet to a 1/2" capped rebar set, stamped "MCADAMS", S 29049'35" E, a distance of 43.14feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 31031'27' E, a distance of 42.14feet to a 1/2" capped rebar set, stamped "MCADAMS", S 3105715" E, a distance of 140.01 feet to a 1/2' capped re bar set, stamped nM CADAM S" at the southwest corner of Lot 1X, of said Anacapri, Phase 1B, and being in the north line of Capo Verde Drive called Variable Width Right-of-way], according to plat of Anacapri Phase 1A, an ANACAPRI PUBLIC IMPROVEMENT DISTRICT 88 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 99 of 238 addition to the CitV of Anna, according to the plat thereof recorded in Instrument Number, Plat Records, Collin County, Texas; THENCE S 59°32'10" W, with the north line of said Capo Verde Drive, a distance of 120.04 feetto a 1/2" capped rebar set, stamped "MCADAMS", THENCE N 31°57'15" W, with the north line of said Capo Verde DCrve, a distance of 15.01 feettoa 1/2" capped rebar set, stamped "MCADAMS" at the southeast corner of said Lot 1X; THENCE S 5V32'10" W, with the north line of said Capo Verde Drive, and the most southeasterly south line of said Lot 1X, passing the most southeasterly southwest cornerthereof at a distance of 50-02 feet, passing the northeast intersection of said Capo Verde Drive and Ferguson Parkway ata distance of 255-08, continuing a total distance of 315.07 feetto a 1/2" capped rebar set, stamped "MCADAMS"; THENCE N 30°27'50" W, a distance of 320-72feet to a 112" capped rebarset, stamped "MCADANIS"; THENCE northwesterly with the arc of a curve to the right, having a radius of 1000.00 feet, a central angle of 31°21'34", an d a n arc length of 547-33 feet, whose chard bears N 14047'O3" W, 540-52 feet to a 112" capped rebar set, stamped "MCADAMS", THENCE N 99026'24" W, a distance of 15-28 feetto a 1/2" capped rebar set, stamped "MCADAMS" in the west line of said Oakwood tract, and being in the east line of said Bloomfield tract; THENCE N 00°3Br36" E, with the west line of said Oakwood tract, and the east line of said Bloomfield tract a distance of 784.11 feet to the PRINT OF BEGINNING and containing approximately 14.717 acres of land. 7: 2 0212 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 89 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 100 of 238 Exhibit K-3 — Improvement Area #2 Legal Description LEGAL DESCRIPTION PHASE 2 66.262 ACRES BEING all that certain lot, track, or parcel of land situated in theS. E_ Roberts Survey, Abstract Number 786r and the Eli W. Witt Survey, Abstract Number 997, City of An nor Call in County, Texas, being part of that certain tract of land, cal Ied95.444 acres and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument Number20210819001679920, Deed Recordsr Collin County, Texas, and being part of that certain tract of Iandr called 84.000 acres and described by deed to Ana capri Laguna Azure LLC, recorded in Instrument Number 2021081900167994or Deed Records, Collin CountyrTexas, and being more parki€ularly described as follows: BEGINNING at a PK Nail Found in County Road 371, same being the northeast comerofsaid 84.000 acre tractr same being the northwest corner of a certain track of land, described as Track 1 by deed to Eleanor Katherine Cox Cunningham and Howard Joseph Cox, Jr., recorded in Volume 1995, Page 577, Deed Recordsr Collin County, Texas, same being the southwest corner of a certain 4-5-foot right-of-way dedication, recorded in Cabinet O. Page 668, Plat Records, Collin Cou nty, Texas, and being th e so ut heast corner of a certain track of land, described by deed to Howard J. Cox ET AL, recorded in Instrument Number 1995000000577, Deed Re€ordsr Collin County, Texas, THENCE N 88°38'19'r W, with the north line of said 84.000 acre tract, and the south line of said Cox ETAL tractr and County Road 371, a distance of 795.08 feet to the POINT OF BEGINNING being a 1f2r' capped re bar set, stamped "MCADAMS", THENCE over across and through said 94.000 acre tract the following twenty-six (26) calls: S 01°34'27" Wr a distance of 230.33 feet to a 1/2" capped rebar set, stamped "MCADAMS"; N 8825'33"W, a distance of 65.00 feet to a 1/2' capped rebar set, stamped "MCADAMS; S 01°34'27" Wr a distance of 495.79 feet to a 1/2" capped rebar set, stamped "MCADAMS"; Southwesterly, with the arc of a curve to the right, having a radius of 50.00 feetr a central angle of 26°374rr and an arc length of 23.24feet, whose chard bears S 14°53'18" W, 23.03 feetrto a 1f2" €apped rebarsetr stamped "MCADAMS" Southeasterly, with the arc of a reverse curvets the leftr having a radius of 50.00feet, a central angle of 60'40'22"r and an arc length of 52.95 feet whose chord bears S 02°08'03" E, 50.51 feetr to a 1127 capped re bar setr stamped "MCADAMS ; S 57°31'46" Wr a distance of 24.65 feet to a 1f 2" capped rebar set, stamped "MCADAMS" S 01°34'27" Wr a distance of 117.60 feet to a 1{2" capped rebar set, stamped "MCADAM3"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 90 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 101 of 238 S 89'25'33" E, a distance of 609.92 feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 01029'20" W, a distance of 50.00 feet to a 1/2" capped rebar set, stamped "MCADAMS N &8'25'33" W, a distance of 560.00 feet to a 1f2r' capped re barsetr stamped "MCADAMS"; S 01034'27" Wr a distance of 111.02 feet to a 1/2" capped rebar set, stamped "MCADAMS"; Southwesterly, with the arc of a curve to the leftr hawing a radius of 50.00 feet, a central angle of 101°5939"r and an arc length of 88.99 feet, whose chord bears S 25056105" W, 77.70 feetr to a 1/2" capped rebar setr stamped "MCADAMS"; Southeasterly, with the arc of a reverse curve to the rightr having a radius of 50.00 feet, a central angle of 26°3741", and an arc length of 23.24 feetr whose chord bearsS 11'44'24" E, 23.03 feeler to a 1�2" capped rebar set, stamped "MCADAMS"; S 01034'27" Wr a distance of 171.57 feet to a 1/2" capped rebar set, stamped "MCADAMS"; Southwesterly, with the arc of a curve to the right, hav ng a radius of 50.00 feetr a central angle of 26°37 41"r and an arc length of 23.24 feet, whose chard bears S W53'18" W, 23.03 feetr to a 1/2" capped rebar setr stamped "MCADAMS"; Southeasterly, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 143°15r23", and an arc length of 125.01 feetr whose chord bears S 43°25'33" E, 94.90 feet, to a 1/2" capped rebar set, stamped "MCADAMS"; North easterhf, with the arc of a reverse curve to the rightrhaving a radius of 50.00 feet, a central angle of 263741", and an arc length of 23.24 feetr whose chord bears N 7rl5'36" Er 23.03 feetr to a 112" capped rebar set, stamped "MCADAMS"; S 8902533" E, a distance of 78.94 feet to a 1/2" capped rebar set, stamped "MCADAMS S 01°34'27" Wr a distance of 240.00 feet to a 1/2" capped rebar set, stamped "MCADAMS"; N 880'25'33" W. a distance of 83.08 feet to a 1J2" capped rebar set, stamped "MCADAMS"; Northwesterly, with the arc of a curve to the rightr having a radius of 50.00 feetr a central angle of 26°37 41"r and an arc length of 23.24 feet, whose chard bears IN 75°06'42" W, 23.03 feet, to a V2r' capped rebar setr starnped "MCADAMS"; Southwesterly, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 134°48r58", and an arc length of 117.65 feetr whose chord bears S 50047'4,0" W, 92.33 feeler to a 1/2" capped rebar set, stamped "KICADAMS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 91 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 102 of 238 N W25'33" W, a distance of 111.39 feet to a 1/2" capped rebarset, stamped "MCADAMS'', S 01"34'27" Wr a distance of 815.00 feet to a 1/2' capped rebar set, stamped "MCADAMS"; N 88°25'33" W, a distance of'163.38 feet to a V2r' capped re bar Set, stamped "MCADAMS"; S 01°34'27" Wr a distance of 50.00 feet to a V2r' capped rebar set, stamped "MCADAMS"; THENCE over across and through said 84.000 acre tract, and said 95.444 acre tract the following five (5) calls: N W25'33" W, passing the west line of said 94.000 acre track, same being the east line of said 95.444 a cre tract, continuinga dista nce of 140.97 feet to a 112" capped rebar set, stamped •,MCADAMS"; S 0O°42'34" E, a distance of 302.85'to a 1f2" capped rebar Set, stamped "MCADAMS"; Southeasterly, with the arc of a curveto the left, having a radius of 50.00 feet, a €entraI angle of 26'37'41", and an arc length of 23.24 feet, whose chard bears S 14001'25" E, 23.03 feet, to a 1/2" capped rebar set, stamped "MCADAMS'', Southwesterly, with the arc of a reverse curve to the rightr having a radius of 50.00 feet, a central angle of 143°15'23"r and an arc length of 125.01 feet, whose chord bears S 44°17'26" W, 94.90 feet, to a 112" capped rebar set, stamped "MCADAMS',- S 01°35'53" Wr a distance of24.48 feet to a V2r' capped rebar set, stamped "MCADAMS" inthe easterly south line of Said95.444 a€retract, same being the north Iineof a certain tract of land described by deed to Anna Texas Land, LTD, recorded in Instrument Number 20140718000750570, Deed Records, Collin County, Texas, from which a 1/2' rebar foundr at the southeast corner of said 95.444 acre tract, same being the southwest comer of said 84.000 acre tract, bears S W24'07" Er 126.55 feet; THENCE N 88024'07" W, with the easterly south line of said 95.444 acre tract, and the north line of said Anna Terns Land tract, a distance of 466_i78 feet to a 1f2" capped rebar Set, stamped "MCADAMS" at the most eastery s�authwest corner of said 95.444 acre tract, same being the northwest corner of said Anna Terns Land tract, and being in the east line of a certain tract of land, described by deed to DR Horton -Texas, LTD, recorded in Instrument Number 20210212000310470, Deed Record5r Collin County, Texas; THENCE N 0O034'0O" W, with the most southerly west line of said 95.444 acre tractr and being the most southerly east line of said DR Horton tract, a distance of 762.32 feet to a 1/2" capped rebar found (yellow caps at the inner ell of said 95.444 acre tract, same being the most southerly northeast comer of said DR Horton tract; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 92 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 103 of 238 THENCE S W20'56" W, with the most westerly south line of said 95.444 acre tract, and the most easterly north line of said DR Horton tract, a distance of 39.41 feet to a 1/2" capped rebar set, stamped "MCADAMS"; THENCE N 00°42'34" W, a distance of 2250.12 feet to a 1/2" capped rebar set, stamped 'MCADAMS" being in the north line of said 95.444 acre tract, and the south line of a certain tract of land, described by deed to Laura Collins, recorded in Instrument Number 1994031CON236490, Deed Records, Collin County, Texas; THENCE S 89°17'15" E, with the north line of said 95.44 acre tract, and the south line of said Laura Collins tract, and the south line of County Road 371, a distanoof 554.53to a 112" capped rebar set, stamped "MCADAMS" at the southeast corner of said Laura Collins tract, being in the north line of said 95.444 acre tract, being in County Road 371, and beingthe southwest corn erofa called 60400tright-of- way dedication to the Clty of Anna, recorded in Cabinet Q, Page 604, Plat Records, Collin County, Texas; THENCE S 88°41'44" E, with the south line of said 60' ROW dedication, County Road 371, and the north line of said 95.444 acre tract, passing a PK Nail Found at the northeast corner thereof, same being the northwest corner of said 84.000 acre tract, at a distance of 190.26 feet, continuing with the north line thereof, passing the southeast Corner of said 60' ROW dedication, same being the southwest corner of Bryant Farm Road, passing a PK Nail with shiner, stamped J.F. Smith 3700, at a distance of 587.18 feet, a continuing a total distance of 591.09 feet to a 1f 2" capped rebar set, stamped "MCADAMS" at the southeast corner of said Bryant Farm Road, same being the southwest Corner of said Cox ETAL tract; THENCE S W38'19" E, with the north line of said 84.000 acre tract and the south line of said Cox ETAL tract, a distance of 15.75 feet to the POINT OF BEGINNING and being approximately 66.262 acres of land_ !AW.ES A svcwri _ ANACAPRI PUBLIC IMPROVEMENT DISTRICT 93 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 104 of 238 LEGAL DESCRIPl1ON Phase 3 4& 585 ACRES BEING all that certain lot, tract, or parcel of land situated in the S_ E_ Roberts Survey, Abstract Number 786, and the Eli W_ Witt Survey, Abstract Number 997, City of Anna, Collin County, Texas, being part of that certain tract of land, called 95.444 acres and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument Number 2021C819001679920, Deed Records, Collin County, Texas, and being more particularly described as follows: BEGINNING at a 1/2" capped rebar set stamped "MCADAMS" at the northwest corner of said Anacapri Laguna Azuretract, and being in CountyRoad 371; THENCE S 89°1715" E, with the north line of said Anacapri Laguna Azure tract, and with the approximate center of Country Road 371, a distance of 941.99 feet to a 112" capped rebar set stamped "MCADAMS"; THENCE S OW42 W W, a distance of 2250.12 feet to a 1/2" capped rebarset stamped "MCADAMS" on a south line of said Anacapri Laguna Azure tract, from which a 1/2" capped rebarfound at an inner eIle corner thereof bears N 98°20'56" E, 38.41 feet, THENCE S 88°20'56" W, with a south line of said Anacapri Laguna Azure tract, and a north line of that certain tract of land, described indeed to DR Harbin -Texas LTD, recorded in Document Number 20210212000310470, Real Property Records, Collin County, Texas, a distance of 928.68 feet to a 1/2" capped rebar set stamped "MCADAMS"; THENCE N 00°46'28" W, with the common line of said Anacapri Laguna Azure tract, and said DR Horton tract, a d istan ce of 1103.04 feet to a 1/2" capped reba r set sta m ped "MCADAMS" THENCE N 01°17'06" W, continuing with the common linethe reof,a distance of 1195.78feettothe POI NT0F BEGINNING and containingapproximately4S.595 acres of land_ 7::29-:2022 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 94 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 105 of 238 LEGAL DESCRIPTICIN PHASE 4 54.604 ACRES BEING all that certain lot, tract, or parcel of land situated in they. E_ Roberts Survey, Abstract Number 786r and the Eli W. Witt Survey, Abstract Number 997, City of Annar Collin County, Texas, being part of that certain tract of land, cal Ied95.444 acres and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument N um be r 20210 8190016 79920, deed Recordsr Collin County, Texas, and being part of that certain tract of landr called 84.000 acres and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument Number 20210819001679940r Deed Records, Catlin Countyr Texas, and being more parti€ularly described asfoIlows: BEGINNING at a PK Nail Found in County Road 371, same being the northeast comer of said 84.000 acre tract, same being the northwest corner of a certain tract of land, described as Tract 1 by deed to Eleanor Katherine Cox Cunningham and Howard Joseph Cox, Jr_, recorded in Volume 1995, Page 577r Deed Recordsr Collin County, Texas, same being the southwest corner of a certain 45-foot right-of-way dedication, recorded in Cabinet CI, Page 668, Plat Records, Collin CountyrTexasr and being theSoAheast corner of a certain tract of land, described by deed to Howard J. Cox ET ALr recorded in Instrument Number 1995000000577, Deed Recordsr Collin County, Texas; THENCE S01°29'20" Wr with the east line ofsaid Anacapri tract recorded in 20210819001679920r and with the west line of said Track 1, passing the southwest corner thereof, being the northwest corner of that certain track of land, described in deed to LGI Homes -Texas, LLC, recorded in Instrument Number 201908200-00 10097 80, Deed Records, Callen CountyrTexas, and continuing with the west line thereof, a total distance of 302 1. 11 feet to a 1/2" rebar found at the southwest cornerofthe aforementioned Anacapri tract; THENCE N 88°29r03r' W, with the south line of said Anacapri tract recorded in 20210819001679920r a distance of 1211.75 feet a 1/2" rebar found at the southwest corner thereof, and being the southeast corner of said Anacapri tract recorded in 202 1091900 167994-01, THENCE N 88°24r07r' W, with the south line of said Anacapri track, recorded in 2021081900167994Or a distance of 126.55 feet; THENCE over across and through said 84.000 acre tract, and said 95.444 acre tract the following= N 01°35'53" Er a distance of 24.48 feet to a 112" capped rebar set, stamped "I ICADAW; North easte r1V, with the ar€ of a curare to the left, having a radius of 50.00 feet, a €entraI angle of 143°1523"r and an arc length of 125.01 feet, whose chord bears N 44°17'26" Er 94.90 feet, to a V2r' €apped rebar setr stamped "MCADAMSr'; Northwesterl-V, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 26"3741"r and an are length of 23.24feet, whose chard bears N 14"01'25" W, 23.03 feetr to a 1/2' capped rebar set, stamped "MCADAMS"; N 00042'34" W, a distance of 302.85'to a 112" capped rebar set, stamped "MCADAMS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 95 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 106 of 238 S 8802533" E, a distance of 140.87 feet to a 1/2" capped rebar set, stamped "MCADAMS"; N 01'34'27" E, a distance of 50.00 feet to a 112" capped rebar set, stamped "MCADAMS"; S 8902533" E, a distance of 163.58 feet to a 1J2" capped rebar set, stamped "NICADAMS"; N 0234'27" E, a distance of 815.00 feet to a 1f2" capped rebar Set, stamped "MCADAMS"; S 88°2533" E, a distance of 111.89 feet to a 1/2" capped rebar set, stamped " MCADAMS"; Northeasterly, with the ar€ of a curve to the right having a radius of 50.00 feet, a €entraI angle of 134°48'58", and an arc length of 117.65 feet, whose chord bears N 50°47'40" E, 92.33 feet, to a 1/2" capped rebar Set, stamped "MCADAMS"; Southeasterly, % th the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 26'3741", and an arc length of 23.24feet, whose chord bears575'06'42" E, 23.03 feet, to a 1f2" capped re barset, stam ped "MCADAMS"; S 88°2533" E, a distance of 95.08 feet to a V2" capped rebarset, stamped "MCADAMS"; N 023427" E, a distance of 240.00 feet to a 112" capped rebar set, stamped "MCADANIS"; N 88'25'33" W, a distance of 78.94feet to a 1/2" capped rebar set, stamped "MCADAMS"; Southwesterly, with the arc of a curve to the left, having a radius of 50.00 feet, a central angle of 26�37'41", and an arc length of 23.24 feet, whose chard bears S 78015'36" Wr 23.03 feet, to a 1/2" capped rebar set, stamped "M{ADANIS"; Northwesterly, with the arc of a reverse curve to the right, having a radius of 50.00 feet, a central angle of 143'1523", and an arc length of 125.01 feet, whose chard bears 43'25'33" W, 94.90 feet, to a 1�2" capped rebar set, stamped "MCADAMS"1 Northeasterly, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 2603741", and an arc length of 23.24feet, whose chord bears N W53'18" E, 23.03 feet, to a 1/2' capped rebar set, stamped "MCADAMS"; N 0234'27" Er a distance of 171.57 feet to a 1f2" capped rebar Set, stamped "MCADAMS"; Northwesterly, with the arc of a curve to the left, having a radius of 50.00feet, a €entraI angle of 26'37'41", and an ar€ length of 23.24 feet, whose chard bears N 11'44'24" W, 23.05 feet, to a 1/2" capped rebar set, stamped "M{ADANIS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 96 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 107 of 238 Exhibit K-4 — Improvement Area #2A Legal Description LEGAL DESCRIPTION PHASE 2 66.262 ACRES BEING all that certain lot, track, or parcel of land situated in theS. E_ Roberts Survey, Abstract Number 786r and the Eli W. Witt Survey, Abstract Number 997, City of An nor Call in County, Texas, being part of that certain tract of land, cal Ied95.444 acres and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument Number20210819001679920, Deed Recordsr Collin County, Texas, and being part of that certain tract of Iandr called 84.000 acres and described by deed to Ana capri Laguna Azure LLC, recorded in Instrument Number 20210819001679940r Deed Records, Collin CountyrTexas, and being more parki€ularly described as follows: BEGINNING at a PK Nail Found in County Road 371, same being the northeast comerofsaid 84.000 acre tractr same being the northwest corner of a certain track of land, described as Track 1 by deed to Eleanor Katherine Cox Cunningham and Howard Joseph Cox, Jr., recorded in Volume 1995, Page 577, Deed Recordsr Collin County, Texas, same being the southwest corner of a certain 4-5-foot right-of-way dedication, recorded in Cabinet C, Page 668, Plat Records, Collin Cou nty, Texas, and being th e so ut heast corner of a certain track of land, described by deed to Howard J. Cox ET AL, recorded in Instrument Number 1995000000577, Deed Re€ordsr Collin County, Texas, THENCE N 88°38'19'r W, with the north line of said 84.000 acre tract, and the south line of said Cox ETAL tractr and County Road 371, a distance of 795.08 feet to the POINT OF BEGINNING being a 1f2r' capped re bar set, stamped "MCADAMS", THENCE over across and through said 94.000 acre tract the following twenty-six (26) calls: S 01°34'27" Wr a distance of 230.33 feet to a 1/2" capped rebar set, stamped "MCADAMS"; N 8825'33"W, a distance of 65.00 feet to a 1/2' capped rebar set, stamped "MCADAMSr; S 01°34'27" Wr a distance of 495.79 feet to a 1/2" capped rebar set, stamped "MCADAMS"; Southwesterly, with the arc of a curve to the right, having a radius of 50.00 feetr a central angle of 26°374rr and an arc length of 23.24feet, whose chard bears S 14°53'18" W, 23.03 feetrto a 1f2" €apped rebarsetr stamped "MCADAMS" Southeasterly, with the arc of a reverse curvets the leftr having a radius of 50.00feet, a central angle of 60'40'22"r and an arc length of 52.95 feetr whose chord bears S 02°08'03" E, 50.51 feetr to a 1127 capped re bar setr stamped "MCADAMS ; S 57°31'46" Wr a distance of 24.65 feet to a 1f 2" capped rebar set, stamped "MCADAMS" S 01°34'27" Wr a distance of 117.60 feet to a 1{2" capped rebar set, stamped "MCADAM3"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 97 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 108 of 238 S 88°25'33" E, a distance of 609.92 feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 01029'20" W, a distance of 50.00 feet to a 1/2" capped rebar set, stamped "MCADAMS N 88'25'33" W, a distance of 560.00 feet to a 1f2r' capped re barsetr stamped "MCADAMS"; S 01034'27" Wr a distance of 111.02 feet to a 1/2" capped rebar set, stamped "MCADAMS"; Southwesterly, with the arc of a curve to the leftr hawing a radius of 50.00 feet, a central angle of 101°5939"r and an arc length of 88.99 feet, whose chord bears S 25056105" W, 77.70 feetr to a 1/2" capped rebar setr stamped "MCADAMS"; Southeasterly, with the arc of a reverse curve to the rightr having a radius of 50.00 feet, a central angle of 26°3741", and an arc length of 23.24 feetr whose chord bearsS 11'44'24" E, 23.03 feeler to a 1�2" capped rebar set, stamped "MCADAMS"; S 01034'27" Wr a distance of 171.57 feet to a 1/2" capped rebar set, stamped "MCADAMS"; Southwesterly, with the arc of a curve to the right, hav ng a radius of 50.00 feetr a central angle of 26°37 41"r and an arc length of 23.24 feet, whose chard bears S W53'18" W, 23.03 feetr to a 1/2" capped rebar setr stamped "MCADAMS"; Southeasterly, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 143°15r23", and an arc length of 125.01 feetr whose chord bears S 43°25'33" E, 94.90 feet, to a 1/2" capped rebar set, stamped "MCADAMS"; North easterhf, with the arc of a reverse curve to the rightrhaving a radius of 50.00 feet, a central angle of 263741", and an arc length of 23.24 feetr whose chord bears N 7rl5'36" Er 23.03 feetr to a 112" capped rebar set, stamped "MCADAMS"; S 8902533" E, a distance of 78.94 feet to a 1/2" capped rebar set, stamped "MCADAMS S 01°34'27" Wr a distance of 240.00 feet to a 1/2" capped rebar set, stamped "MCADAMS"; N 880'25'33" W. a distance of 83.08 feet to a 1J2" capped rebar set, stamped "MCADAMS"; Northwesterly, with the arc of a curve to the rightr having a radius of 50.00 feetr a central angle of 26°37 41"r and an arc length of 23.24 feet, whose chard bears IN 75°06'42" W, 23.03 feet, to a V2r' capped rebar setr starnped "MCADAMS"; Southwesterly, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 134°48r58", and an arc length of 117.65 feetr whose chord bears S 50047'4,0" W, 92.33 feeler to a 1/2" capped rebar set, stamped "KICADAMS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 98 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 109 of 238 N W25'33" W, a distance of 111.39 feet to a 1/2" capped rebarset, stamped "MCADAMS'', S 01"34'27" Wr a distance of 815.00 feet to a 1/2' capped rebar set, stamped "MCADAMS"; N 88°25'33" W, a distance of'163.38 feet to a V2r' capped re bar Set, stamped "MCADAMS"; S 01°34'27" Wr a distance of 50.00 feet to a V2r' capped rebar set, stamped "MCADAMS"; THENCE over across and through said 84.000 acre tract, and said 95.444 acre tract the following five (5) calls: N W25'33" W, passing the west line of said 94.000 acre track, same being the east line of said 95.444 a cre tract, continuinga dista nce of 140.97 feet to a 112" capped rebar set, stamped •,MCADAMS"; S 0O°42'34" E, a distance of 302.85'to a 1f2" capped rebar Set, stamped "MCADAMS"; Southeasterly, with the ar€ of a curveto the left, having a radius of 50.00 feet, a €entraI angle of 26'37'41", and an arc length of 23.24 feet, whose chard bears S 14001'25" E, 23.03 feet, to a 1/2" capped rebar set, stamped "MCADAMS'', Southwesterly, with the arc of a reverse curve to the rightr having a radius of 50.00 feet, a central angle of 143°15'23"r and an arc length of 125.01 feet, whose chord bears S 44°17'26" W, 94.90 feet, to a 112" capped rebar set, stamped "MCADAMS"; S 01°35'53" Wr a distance of24.48 feet to a V2r' capped rebar set, stamped "MCADAMS" inthe easterly south line of Said95.444 a€retract, same being the north Iineof a certain tract of land described by deed to AnnaTexas Land, LTD, recorded in Instrument Number 20140718000750570, Deed Records, Collin County, Texas, from which a 1/2' rebar foundr at the southeast corner of said 95.444 acre tract, same being the southwest comer of said 84.000 acre tract, bears S W24'07" Er 126.55 feet; THENCE N 88024'07" W, with the easterly south line of said 95.444 acre tract, and the north line of said Anna Terns Land tract, a distance of 466_i78 feet to a 1f2" capped rebar Set, stamped "MCADAMS" at the most eastery s�authwest corner of said 95.444 acre tract, same being the northwest corner of said Anna Terns Land tract, and being in the east line of a certain tract of land, described by deed to DR Horton -Texas, LTD, recorded in Instrument Number 20210212000310470, Deed Record5r Collin County, Texas; THENCE N 0O034'0O" W, with the most southerly west line of said 95.444 acre tractr and being the most southerly east line of said DR Horton tract, a distance of 762.32 feet to a 1/2" capped rebar found (yellow caps at the inner ell of said 95.444 acre tract, same being the most southerly northeast comer of said DR Horton tract; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 99 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 110 of 238 THENCE S W20'56" W, with the most westerly south line of said 95.444 acre tract, and the most easterly north line of said DR Horton tract, a distance of 39.41 feet to a 1/2" capped rebar set, stamped "MCADAMS"; THENCE N 00°42'34" W, a distance of 2250.12 feet to a 1/2" capped rebar set, stamped 'MCADAMS" being in the north line of said 95.444 acre tract, and the south line of a certain tract of land, described by deed to Laura Collins, recorded in Instrument Number 1994031CON236490, Deed Records, Collin County, Texas; THENCE S 89°17'15" E, with the north line of said 95.44 acre tract, and the south line of said Laura Collins tract, and the south line of County Road 371, a distanoof 554.53to a 112" capped rebar set, stamped "MCADAMS" at the southeast corner of said Laura Collins tract, being in the north line of said 95.444 acre tract, being in County Road 371, and beingthe southwest corn erofa called 60400tright-of- way dedication to the Clty of Anna, recorded in Cabinet Q, Page 604, Plat Records, Collin County, Texas; THENCE S 88°41'44" E, with the south line of said 60' ROW dedication, County Road 371, and the north line of said 95.444 acre tract, passing a PK Nail Found at the northeast corner thereof, same being the northwest corner of said 84.000 acre tract, at a distance of 190.26 feet, continuing with the north line thereof, passing the southeast Corner of said 60' ROW dedication, same being the southwest corner of Bryant Farm Road, passing a PK Nail with shiner, stamped J.F. Smith 3700, at a distance of 587.18 feet, a Conti n uing a total dista nce of 591.09 feet to a 1f 2" cap ped reba r set, sta m ped "MCADAMS" at the southeast corner of said Bryant Farm Road, same being the southwest Corner of said Cox ETAL tract; THENCE S W38'19" E, with the north line of said 84.000 acre tract and the south line of said Cox ETAL tract, a distance of 15.75 feet to the POINT OF BEGINNING and being approximately 66.262 acres of land_ ANACAPRI PUBLIC IMPROVEMENT DISTRICT 100 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 111 of 238 Exhibit K-5 — Improvement Area #2 - Remainder Property Legal Description LEGAL DESCRIPl1UN Phase 3 4& 585 ACRES BEING all that certain lot, tract, or parcel of land situated in the S_ E_ Roberts Survey, Abstract Number 786, and the Eli Vw_ Witt Survey, Abstract Number 997, City of Anna, Collin County, Texas, being part of that certain tract of land, called 95.444 acres and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument Nurn ber20210819001679920, Deed Records, Collin County, Texas, and being more particularly described as follows: BEGINNING at a 1/2" capped rebar set stamped "MCADAMS" at the northwest corner of said Anacapri Lagu na Azu re tract, a nd bei ng in Cou my Road 371; THENCE S89°17'15" E, with the north Iine of sa i d Anaca pri Lagu na Azure tract, and with the approximate center of Country Road 371, a distance of 941.99 feet to a 112" capped rebar set stamped "MCADAMS"; THENCE S o0°42'34" W, a distance of 2250.12 feet to a 1/2" capped rebarset stamped "MCADAMS" on a south Iine cf said Anacapri Laguna Azure tract, from which a 112" capped rebarfound at an inner eIle corner thereof bears N 88°20'56" E, 38.41 feet, THENCE S 88°20'56" W, with a so uth li ne of said Anacapri Laguna Azu re tract, and a north lin a of that certain tract of land, described in deed to DR Horton -Texas LTD, recorded in Document Number 20210212000310470, Real Property Records, Collin County, Texas, a distance of 928.68 feet to a 1/2" capped rebarsetstamped'"MCADAMS"; THENCE N 00°46'28" W, with the common line of said Anacapri Laguna Azure tract, and said DR Horton tract, a distance of 1103.04 feet to a 1/2" capped rebar set stamped "MCADAMS" THENCE N 01'17'06" W, continuing with the common Iine thereof, a distance of 1185.78 feet to the POI NT0F BEGINNING and containingapproximately49.585 acres of land_ .!Ard.E. A S vc'A r i _ ANACAPRI PUBLIC IMPROVEMENT DISTRICT 101 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 112 of 238 LEGAL DESCRIPTICIN PHASE 4 54.604 ACRES BEING all that certain lot, tract, or parcel of land situated in they. E_ Roberts Survey, Abstract Number 786r and the Eli W. Witt Survey, Abstract Number 997, City of Annar Collin County, Texas, being part of that certain tract of land, cal led95.444 acres and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument Numbe r 20210819001679920, deed Recordsr Collin County, Texas, and being part of that certain tract of landr called 84.000 acres and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument Number 20210819001679940r Deed Records, Catlin Countyr Texas, and being more parti€ularly described asfoIlows: BEGINNING at a PK Nail Found in County Road 371, same being the northeast comer of said 84.000 acre tract, same being the northwest corner of a certain tract of land, described as Tract 1 by deed to Eleanor Katherine Cox Cunningham and Howard Joseph Cox, Jr_, recorded in Volume 1995, Page 577r Deed Recordsr Collin County, Texas, same being the southwest corner of a certain 45-foot right-of-way dedication, recorded in Cabinet CI, Page 668, Plat Records, Collin CountyrTexasr and being theSoAheast corner of a certain tract of land, described by deed to Howard J. Cox ET ALr recorded in Instrument Number 1995000000577, Deed Recordsr Collin County, Texas; THENCE S01°29'20" Wr with the east line ofsaid Anacapri tract recorded in 20210819001679920r and with the west line of said Track 1, passing the southwest corner thereof, being the northwest corner of that certain track of land, described in deed to LGI Homes -Texas, LLC, recorded in Instrument Number 201908200-00 10097 80, Deed Records, Callen CountyrTexas, and continuing with the west line thereof, a total distance of 302 1. 11 feet to a 1/2" rebar found at the southwest cornerofthe aforementioned Anacapri tract; THENCE N 88°29r03r' W, with the south line of said Anacapri tract recorded in 20210819001679920r a distance of 1211.75 feet a 1/2" rebar found at the southwest corner thereof, and being the southeast corner of said Anacapri tract recorded in 2021091900167994-0; THENCE N 88°24r07r' W, with the south line of said Anacapri track, recorded in 20210819001679940r a distance of 126.55 feet; THENCE over across and through said 84.000 acre tract, and said 95.444 acre tract the following: N 01°35'53" Er a distance of 24.48 feet to a 112" capped rebar set, stamped "I ICADAW; North easte r1V, with the ar€ of a curare to the left, having a radius of 50.00 feet, a €entraI angle of 143°1523"r and an arc length of 125.01 feet, whose chord bears N 44°17'26" Er 94.90 feet, to a V2r' €apped rebar setr stamped "MCADAMSr'; Northwesterl-V, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 26"3741"r and an are length of 23.24feet, whose chard bears N 14"01'25" W, 23.03 feetr to a 1/2' capped rebar set, stamped "MCADAMS"; N 00042'34" W, a distance of 302.85'to a 112" capped rebar set, stamped "MCADAMS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 102 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 113 of 238 S 8802533" E, a distance of 140.87 feet to a 1/2" capped rebar set, stamped "MCADAMS"; N 0234'27" E, a distance of 50.00 feet to a 112" capped rebar set, stamped "MCADAMS"; S 8902533" E, a distance of 163.58 feet to a 1J2" capped rebar set, stamped "NICADAMS"; N 0234'27" E, a distance of 815.00 feet to a 1f2" capped rebar Set, stamped "MCADAMS"; S 88°2533" E, a distance of 111.89 feet to a 1/2" capped rebar set, stamped " MCADAMS"; Northeasterly, with the ar€ of a curve to the right having a radius of 50.00 feet, a €entraI angle of 134°48'58", and an arc length of 117.65 feet, whose chord bears N 50°47'40" E, 92.33 feet, to a 1/2" capped rebar Set, stamped "MCADAMS"; Southeasterly, % th the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 26"3741", and an arc length of 23.24feet, whose chord bears575"06'42" E, 23.03 feet, to a 1f2" capped re barset, stam ped "MCADAMS"; S 88°2533" E, a distance of 95.08 feet to a V2" capped rebarset, stamped "MCADAMS"; N 023427" E, a distance of 240.00 feet to a 112" capped rebar set, stamped "MCADANIS"; N W25'33" W, a distance of 78.94feet to a 1/2" capped rebar set, stamped "MCADAMS"; Southwesterly, with the arc of a curve to the left, having a radius of 50.00 feet, a central angle of 26�37'41", and an arc length of 23.24 feet, whose chard bears S 78015'36" Wr 23.03 feet, to a 1/2" capped rebar set, stamped "M{ADANIS"; Northwesterly, with the arc of a reverse curve to the right, having a radius of 50.00 feet, a central angle of 143°1523", and an arc length of 125.01 feet, whose chard bears 43°25'33" W, 94.90 feet, to a 1�2" capped rebar set, stamped "MCADAMS"1 Northeasterly, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 2603741", and an arc length of 23.24feet, whose chord bears N W53'18" E, 23.03 feet, to a 1/2" capped rebar set, stamped "MCADAMS"; N 0234'27" Er a distance of 171.57 feet to a 1f2" capped rebar Set, stamped "MCADAMS"; Northwesterly, with the arc of a curve to the left, having a radius of 50.00feet, a €entraI angle of 26'37'41", and an ar€ length of 23.24 feet, whose chard bears N 11°44'24" W, 23.05 feet, to a 1/2" capped rebar set, stamped "M{ADANIS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 103 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 114 of 238 Northeasterhf, with the arc of a curve to the left, having a radius of 50-00 feet, a central angle of 101°58'39", and an arc length of88-99 feet, whose chord bears N 25°56'05" E, 77-70feet, to a 1/2' capped rebar set, stamped "MCADAMS"; N 01"4'27" E, a distance of 111-02feet to a 1/2" capped rebar set, stamped "MCADAMS"; S S8'25'33" E, a distance of 560-00 feet to a 1/2" capped rehar set, stamped "MCADAMS"; N 01"29'20" E, a distance of 50.00 feet to a 1/2" capped rebar set, stamped "MCADAW-, N W25'33" W, a distance of 609-92feet to a 1/2" capped rebar set, stamped "MCADAMS"; N 01�SW27" E, a distance of 117-6Ofeet to a 112" capped rebar set, stamped "MCADAMS"; N 57�31'46" E, a distance of 24-65 feet to a 1/2" capped rehar set, stamped "MCADANW-I Northwesterly, with the arc of a curve to the right, hawing a radius of 50-00 feet, a Central angle of 60°40'22", and an arc length of 52-95 feet, whose chord bears N 02°08'03" W, 50-51 feet, to a 1/2" capped rebar set, stamped "MCADAMS"; Northeastedy, with the arc of a reverse curve to the left, having a radius of 50.00 feet, a central angle of 26°3741", and an arc length of 23.24 feet, whose chard bears N 14°53'18" E, 23.03 feet, to a 112" capped rebar set, stamped "MCADANIS -, N 01�SW27" E, a distance of 495-79 feet to a 112" capped rebar set, stamped "MCADAMS"; S 88025'33" E, a distance of 65.00 feet to a 1/2" capped rebar set, stamped "MCADAMS"; N 01'3427" E, a distance of 230-33 feet to a 112" capped rebar set, stamped "MCADAMS" to the north line of said 94.000 acre tract, and being in said County Road 371; THENCE S 88°3W19" E, with the north Iine of said 84-000 acre tract, and with said County Road 371, a distance of 795-08 feetto the POINT OF BEGINNING and containing approximately 54.6064 acres of land. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 104 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 115 of 238 Appendix A — Engineer's Report [Remainder of page left intentionally blank.] ANACAPRI PUBLIC IMPROVEMENT DISTRICT 105 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 116 of 238 McADAMS Engineer's Report for AnaCapri phases I, II, III & IV City of Anna; Collin County, Texas August 9, 2022 Prepared for: OWNER/DEVELOPER: ANACAPRI LAGUNA AZURE, LLC, 2101 CEDAR SPRINGS ROAD, SUITE 700; DALLAS, TEXAS 75201 111 HH12He Drve * Lew Rvilla. TX 75557 F P: 072.-12e...9?'2 F: 972.d.38.9715 7111 i:Uwlhy ViF.Y I:' aw • I2-1annk�, I X 7Fif % P. n7.4:Y:i.�7' � • 47J 4AK. L)715 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 106 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 117 of 238 DATE; August 9, 2022 ENGINEER: The John R. McAdams Company, Inc. c/o Mr, MatthewG, St. Marie, P.E. 111 Hillside IlriVL- I ewisville, I X P30!3 f 4f3'9-317-041{] OWNER/DEVELOPER; AmdCapri Lanuria AUure, LLC. 2101 Cedar Spririgs, SuiLe 700 Dallas, Texas 75701 INTRODUCTION. The Project, known as Ana Capri, is a proposed single family residential development locattd within the City of Anna, Collin County, Texas with a proposed approximate build out crf 1,235 lots as depicted herein on Exhibit "A". The total residential property is 279.554 asses to be developed acro55-4 phases, TIhe purp-ose of thi5. report is to present the backup documentation for the PID and the creation and execution of the PID by the CiLy or Arena Lu finance Lhe Public InfrasLructure necessary Lu serve the Project. Excavation, WaLeT, Wastewater, Storrn Sewer, PaUin& Erosion Contrul and Hardscape Landszape / Irrigation Improvements are all PID Authorized Improvements within the Project. PROJECT PHASING; Phase I is made up of 3 separate sub -phases, Phases IA, IB and IC. Phase IA is 4-4.177 acres, Phase 15 is 41.209 acres and Phase IC is. 14.717 acres, fora total of 100.103 acres. Phase IA contains 191sinoe family residential lots, Phase IB— 205 lots and Phase IC— 62 hats, faraiotal ofAt�B singlefamily residential lots_ Referta h.xhihit "A". Phase 11 is made of a single tract of land totaling fifi.No) ar.res and r.antains 7.41 single family residential lots. This is combined with Phase I for the initial PID hand sa10. Refer to Exhibit "A"_ The intent is for Phases I & 11 to be initially developed with one direct bond and one master Improvement bond sale, to be funcled with the development of these phases Phase III is anticipatedto he a single. tract ref land totaling U..'38.`) arse%and contains 744 single family residential lots. RPfPr to Fxhihit "A". rhis is a future phase and the hudgets will IMP updated when develr)ped. Phase IVlsaiitidpaled Lu be a single Lract orlarid tutaling64.604 acres arid tunLains 291 sir7nle rarnily residential IuLs. Refer to Exhibit "A". This is a ruLure phase acid Lhe budgets vri11 be updated wlien develuped. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 107 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 118 of 238 ALL INCLUSIVE OPINION OF PROBABLE COST AND PID SUMMARY BUDGET'. An all-inclusive Engineer's Preliminary Opinion of Probable Cost has been prepared tar all phases and additionally contains a RID Surnmary Budget for the PID Authorized Iniprovemeim. The PID 5umniary Budget is broken out between PID Direct and PID MI Improvements for Phases I and II and Phases III & Ware a1I shown as I'll) I)irert and all are herein inr.ludFsrJ as Fxhihit "9'. PID AUTHORIZED IMPROVEMENTS IDENTINE D AND DEFINED'. Excavatimi, WaLraa, WidsLewaLei, Storm Sewtir, Paving, Erusim Control and Hardscape LaFIdSL'apV f InigaLiorr IrnpFuvernents liavfe been Identified for boLh DireLL arrd Master Improvemeirts and are shown in the PID 5uinmary budget, The PID eligible items include all erosion control (construction entrances. silt fence, etc,), Exhil)its "C-J" depict the PID Direct and RID Master Improvements for the initial band offering In Phases 18i II, the PID Master Improvements includes Water. Wastewater and Storm Sewerr one half of a four -lane divided Roadway ffergwon Parkway) along the %vestern boundary cf Phase IA and IC and continluing north past Rosamond Parkway top to and adjacent to Phase Ile terminating at CR 371 at the north entk of Phase Ile one half of a four-larre divided Roadway II-lackberry Drive} slung Hie southern boundary or Phase IA, all of a two lane Col let#or Street (Cape Verde Dr ivel sepaFaLinp3 Phase IA with Phases I and IC, the reconstruction of the sub -standard roadway along the North houndary of Rhase IB and IC (Rollins Rood). The City of Anna's Master Throughfarc Plan shows the four lane divided Roadways W be required far th-c sink family development. The number of vehicle trips generated from the single family development necessitates this Roativlay. The water mains are also required to serve the demand and pressures necessary for fire flowie based on the number of singie-family residerrtial lots to he served within the Project_ The sanitary sewer main is sized based on slopes that arc nnmary to provide sewer service to all the single-family lots within the Project. This irrc9udes an extension Df a senitarV s�vuor maifi line from thesouthwest or Phase I, CDritinue northeastto Fierat,son and their along Ferguson to the south limits at Phase II and then through Phase II to serve future phases. From an engineering standpoint all the above stated I'll) Master Improvements are nP.cpmary to serve the Single- Farnidy I)e.velop ment only and tivere neat oversi?ed duP to the Iagtiine or brlirlti+amily Sites writhinthe Project. ANTICIPATED DEVELOPMENT AND CONSTRUCTION SCHEDULE: The 7orririg, Preliminary Plal, DeVelupmenL AgreernenL rur AnidCapri Phase I, II, III & IV Have been prepared, subrniLLed arid frrial approval has beNrl received fium theAriria City ANACAPRI PUBLIC IMPROVEMENT DISTRICT 108 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 119 of 238 Council. The Final Plaits for An@Capri Phosc I and II have bccn prepared, sub mittcd and final approval has boon race-iaod from the Anna CitV Council. The zoning for Phases 3 and 4 has been preparedl, submitted and final approval has been received from the Anna City -Council, Ana(:apri Phase IA iS currently under devPlopment and Pxravation has hr:en suh4tantielly rnrnpleted nn the 191 Intl. PUbliC Utilities are siihstantially complete. Paving operations are exported to hegin in mid -August 70)?. An anticipated overall PiUjert r(JmPletir)ri daLe isthe fourth quarter of 2022. Aria Capii Phase I is currently under developirienL and exravaLiuri has been substantia11,1 completed on the 205lots. Public utilities are CLIrrently being installed, .An antiCipate€i overall Projectcompletion date is thefouirth quarterof 2022. Ana fapri Pha,,e IC is c+arrently undef development and excavation has begun 4n the f2 lots and is aplHoxirnately halfway completed. Public utilities will be starting late third quarter to early fourth quarter of 2022 and the anticipated overall Project c4)mpletinn date i5. the first quarter of 2023. Ana Capii phase II en};ineering cuiishuctiori plans Have bean subiTtitLed to Lhe City or Anna for review with an anticipated approval date of aluber 2022_ Construction is anticipated to begin in September 2022 -with an anticipated completion date of August 2023. All of the above phases arc anticipated to be funded through the first issLionc-c of direct and master improvement Mndssales Ana Capri Phrase III final Plat and construction plans are arrticipated to be prepared and approved by in the first OF Ser.nnd quarter of'1.[l .i_ L:nnstruction is anticipated to begin in thPsummQr of'AT?" wits- an anticipated completion date ofthp. summer rh 7L)'l4. Ana Capri Phase IV Final Plat and construction plans are anticipated to be prepared and approved bV in the first quaitcr of 2024. Construction is anticipated to begin in the fourths quarter of 2024 or first quarter of 2025 with an anticipated completion data of the fourth quarter of 2025. FIELD NOTES AND EXHIBITS BY PHASE; Field Notes and Fxhihits for Phase. I - rhree. I rart5, 11ha9e II - One cram, ['base III - One. I'mrt and Phase 4 - One 1 rant are. depicted Herein on Fxhihifs "Ci-1" ANACAPRI PUBLIC IMPROVEMENT DISTRICT 109 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 120 of 238 TABLE OF EXHIBITS: EXIiIBIT "A- ------ OVERALL PIIASING EXIIIBIT EXHIBIT "B" - -- PID AUTHORIZED ESTIMATE OF PROBABLE COST EXHIBIT "C" - -- PHASE I & II WATER DIRECTAND MASTER IMPROVEMENTS EXHIBIT " D" ---- PHASE I & II SANITARY SEWER DIRECT AND MASTER IM[3KQVFMi•N I.S F}{HIBII "I" ---- PHASF I Re II F}FIAINA(iF F)IRF{:I AND MASIFH IMPR()VFMFNI.S F){HIR11 "F" ---- PHASF 1 Re 11 ROAF)WAY 171RFi:l AND MAS'IFR IMPR(]VFMFNI'S EXHIBIT "G" ----- PI IASL I & II LAN DSCAPIE MASTER I PAPROVE M IN TS EX111BIT "I I- ----- PIIASI IA — FIELD NOTES AND EXIiIBIT EX111BIT "I" ---- PHASE IB— FIELD NOTES AND EXHIBIT EXHIBIT "J" - -- PHASE IC — FIELD NOTES AND EXHIBIT EXHIBIT "K" - -- PHASE 11 — FIELD NOTES AND EXHIBIT EXHIBIT "L" - PHASE III — FIELD NOTES AND EXHIBIT FXHIBIT'P.A' - -- PHASF IV —FIELD IYQTES FIND EXH113IT ANACAPRI PUBLIC IMPROVEMENT DISTRICT 110 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 121 of 238 EXHIBIT "A" OVJ RA I PHASING PXHIRI I ANACAPRI PUBLIC IMPROVEMENT DISTRICT 111 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 122 of 238 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 112 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 123 of 238 EXHIBIT "B" P I D ALJ I HORIIFD F.S I IMA IF OF PROHAHI F C:{).S I ANACAPRI PUBLIC IMPROVEMENT DISTRICT 113 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 124 of 238 ANC CAIP I - NN 2 vYID,' 1� T' -C' ANACAPRI PUBLIC IMPROVEMENT DISTRICT 114 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 125 of 238 ANACIAPRI - AN NA IASI' I I %, 1-14111.1, Mh I S TrDT)TRTC.T PTD )AT I I o.., 0 -:.—M V.W-W3 C,''NMA9.nF.77. "1 K -- IA I t. '4,% i 1 .1. 4 % 1�. 1: --14 1 Z.-Af-.22 I UUFAL UJ h S XJI U (: I I CXN 4: 0 Yf In,,; I &qs D .-791R7,401 Pmr)IRFIC.T I 111D 11.1T PUANF. 1 AI%7) 2 - MNSTRT K"TFON ('TxtiT 141Nj37, 11T PTUIT)TRECT TqD ILTr L n-TtmE FHA.WS . ............. FM 1)T[Z'RC.T ­7* ANACAPRI PUBLIC IMPROVEMENT DISTRICT 115 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 126 of 238 , NAPRI - . NN ki-k4TY.R TRI.1Nl< Slifw Iz iII-11K.,li'l' OFF= l3r? lFE VCAITFT TM I.%K IHI 1�K TRUNK SF.W LH A N. H74'F.1[ K {„T147lR r I dS, 7 49.176 .31„fir T?l''a;:'4T117\ ATE". rR1 W)N;—j!47�01. IF :;.'.0 14rr,= f•"61 h _EER Y.'J 11U {l 0 y S:5T1T. Y"Sf.'T`f.Tt I„.6 , I:R 411,673 t04.8.0 �rF,R�1 �r�kT�a n n r.S•.JYiS 41 0 STTT TT W.1W1., 3f.ThTVTK WA115: 1.•'LVni:.:sPr 0 0 TA V I ITWMF�, (1 11 .1 3-Er:EULd.L C:QNSFRUGFLON :':7S1' 1.4a.943 49RA46 355.K-, A)IAU :I 1 85l,673 I,:% ( [ l,: PINrWNCv I vi)I•}i i•] Rya .ti.tir ; N5 9$? TOTAT, C:0VSTRT.fTTi)K COST 1.01'7.Wl :411. 7JJ I 3J1.410 949,1�11 CO -WA UCT101 C'OW,1 1'Fl;xli lr, 1 CO} SIRUCT1O}1C'ONT 1,607,U37 xU&?31 1 391.410 CONH RL CT14X, CUNT F'L' 1 I,1dF, YH:I�i@.5 COASTFUCTIO:' CMT 1,6 W'f 1 3411_731 1 391.410 t.31?,138 :ILL 1'H:17iLr.ti ANACAPRI PUBLIC IMPROVEMENT DISTRICT 116 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 127 of 238 AMCAM ANNA M d!W. T.l ILLFF{;I' 1' s•xxFx� t xl:lY-tl F.'; I:V`tiI rM.)N, •r_, m y3l: 7l:RS'1%1 w-r _4L474-FTr.-m 7mLr^•__ ^.[ x--a .'6ti IIC::C I R}T]IIti FI:_'ICI{[rL':NC JA:�RML LY. SI } _a 1 i-I--5. } +1 . 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F- Y. -..,m IOU. -.m --nm Ylf.;il WCrt'MJ)3Y%.- ANACAPRI PUBLIC IMPROVEMENT DISTRICT 141 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 152 of 238 EXHIBIT "C"' IIHASF I& II WA IF R DIRFC: IAND MAC IF R IMPROVI-MI-N I S ANACAPRI PUBLIC IMPROVEMENT DISTRICT 142 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 153 of 238 MASTER IMPROVEMENTS F.r WATER - NORTH in trie DAFFAIJ SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLLIN CQUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT 143 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 154 of 238 PID EXHIBIT - ANA APRI FASTER IMPROVEMENTS WATER -SOUTH in t r,e F.T. DAFFAU SURVEY, ABSTRACT NO- 288 CITY OF ANNA COLLIN CQUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 144 2022 - 2022000141224 09/19/2022 03:17 PM Page 155 of 238 =-m a L'::: Et=-,L I I PID EXHIBIT - ANA APRI PHASE II - DIRECT COST WATER — NORTH in trie F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLLIN CQUNTY, TEXAS �'i '� Tw #r ik waMarrt CmpQy, In 1'.1 H d6c Ghe LaYraH Tsw T606F I��w, Ise 1R9! i TILf1DA s 7�Q 1�Tf ROK-- P?4 41 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 145 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 156 of 238 EXHIBIT 'T" PHASE I $ II SANI TARY SFWI-Ft DIKH:I AN I) MAS IF K JMIIROVFMFN IS ANACAPRI PUBLIC IMPROVEMENT DISTRICT 146 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 157 of 238 - _ - _ -1 x+ •� J�aryp +M1{+: ." = '�'IIII 1 I — c' — = —�41� PID EXHIBIT - ANA APRI PHASE I - DIRECT COSTS SANITARY - SOUTH in t r,e F.T. DAFFAU SURVEY, ABSTRACT NO- 288 CITY OF ANNA COLLIN CQUNTY, TEXAS �• ' ''� T,",aM rt wawa. CmpQy, In Y • 1'.1 H d6c Ghe ��'i� LaYraH Tsw T606F Wit 4N. 102 iTILADA s Ism } Topu + r: I.n20213100T rh, ANACAPRI PUBLIC IMPROVEMENT DISTRICT 147 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 158 of 238 PID EXHIBIT - ANACAPRI PHASE 11 - DIRECT COSTS SANITARY - NORTH in trie F.T. DAFFAIJ SURVEY, ABSTRACT NO- 288 CITY OF ANNA COLLIN CQUNTY, TEXAS CmpQy, In !!j 6IPP4NAM McADAms -- Ism Topu Illb" ROK-R4X- In., -:v r:,, - —.-, I-E-2102131 0 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 148 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 159 of 238 LCL I I.' � III � - I,_I y��.�� - j F-1 IT _LT Ll TT —1. iL-Dll LLI 2t I I N PID EXHIBIT - ANACAPRI MASTER IMPROVEMENTS SANITARY - NORTH in trie F.T. DAFFAIJ SURVEY, ABSTRACTI CITY OF ANNA COLLIN CQUNTY, TEXAS 288 NO. In ANACAPRI PUBLIC IMPROVEMENT DISTRICT 149 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 160 of 238 Lz: e 40 PID EXHIBIT ANACAPRI MASTER IMPROVEMENTS SANITARY - MIDDLE 'I Join tle F.T. DAFFAIJ SURVEY, ABSTRACT NO- 288 CITY OF ANNA 01 e7 COLLIN CQUNTY, TEXAS z � cummmy. In F?P 4N. WM2 McADAms Ism TURA oib" ROK-R4X- 101 r-1: --ti --m ...T.. r,0- 202131 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 150 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 161 of 238 EXHI BIT "E" 11HASF I & H URAINAC;F DIRFI:I ANI) MASIPR IIUIPROVFMI-N I.S ANACAPRI PUBLIC IMPROVEMENT DISTRICT 151 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 162 of 238 PID EXHIBIT - ANA APRI PHASE I - DIRECT COST STORM SEWER - SOUTH in t �,e F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLLIN CQUNTY, TEXAS '� T,",aMrtwawa.� CmpQy, In 1'.1 H d6c Ghe ��'i� LaYraH Tsw T606F 6Tt 4N.102 I��w, Ise 1R9! iTILADA s Ism ROK-4X- r:- I.i,202131 121 ANACAPRI PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 152 2022 - 2022000141224 09119/2022 03:17 PM Page 163 of 238 PID EXHIBIT - ANACAPRI PHASE 11 - DIRECT COST STORM SEWER - NORTH in trie F.T. DAFFAIJ SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLLIN CQUNTY, TEXAS CmpQy, In F?P 4N. 102 94a 243. 1013 TOPM Ism TOPLE oibl4w McADAms -ROK-RP?� r.,: :v r:1- - .. .202131 131 ANACAPRI PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 153 2022 - 2022000141224 09/19/2022 03:17 PM Page 164 of 238 PID EXHIBIT - ANA APRI FASTER IMPROVEMENTS STORM SEWER - SOUTH in t �,e F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLLIN CQUNTY, TEXAS '� T,",aMrtwawa.� CmpQy, In 1'.1 H d6c Ghe ��'i� LaYraH Tsw T606F 6Tt 4N.102 I��w, Ise 1R9! iTILADA s Ism ROK-4X- r:- ...- I.i,202131 141 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 154 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 165 of 238 I PID EXHIBIT - ANACAPRI MASTER IMPROVEMENTS STORM SEWER - NORTH in trie F.T. DAFFAIJ SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLLIN CQUNTY, TEXAS CmpQy, In F?P 4N. WM2 Ism Topu -[Hb" McADAms ROK-R4X- r.,: r: 1" - 202131 15 1 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 155 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 166 of 238 PID EXHIBIT - ANACAPRI MASTER IMPROVEMENTS STORM SEWER - MIDDLE in tle F.T. DAFFAIJ SURVEY, ABSTRACT NO- 288 CITY OF ANNA COLLIN CQUNTY, TEXAS CmpQy, In w Tit 4N. WM2 Ism Topu -[Hb" McADAms ROK-R4X- r.,: -:v r: I f-.-20213, 1 G I ANACAPRI PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 156 2022 - 2022000141224 09/19/2022 03:17 PM Page 167 of 238 EXHIBIT "F" f41A-5F I & H ROADWAY DIRFI:I AMID MA-5I PR IMIIN( IVFMFNI.S 17 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 157 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 168 of 238 t 77 LF11 kLl 1 L I Lil I _ _ -1 r_� I— I I� - .. j 7--T JL -1 r -1,-" Tul I q I r-T C: Cam_ _�� i kIT IFF H-11 ��rt L=l PID EXHIBIT ANACAPRI MASTER IMPROVEMENTS PAVING - NORTH in trie �P.t DAFFALJ SURVEY, ABSTRACT NO- 288 CITY OF ANNA COLLIN CQUNTY, TEXAS CmpQy, In F?P 4N. 102 94a 243. 1013 McADAm s T'PM Ism TOPLA .1Hbpm -ROK-R4P?' 18 F--: P~ r':I" - 5ff- ff-11 '------MEH22002 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 158 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 169 of 238 PID EXHIBIT - ANA APRI FASTER IMPROVEMENTS PAVING - MIDDLE in t ,e F.T. DAFFAU SURVEY, ABSTRACT NO- 288 CITY OF ANNA COLLIN CQUNTY, TEXAS ANACAPRI PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 159 2022 - 2022000141224 09/19/2022 03:17 PM Page 170 of 238 PID EXHIBIT - ANA APRI FASTER IMPROVEMENTS 4 PAVING - SOUTH e in trig F.T. DAFFAU SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLLIN CQUNTY, TEXAS ��'i� CmpQy, In - LaYraH Tsw T606F 6Tt 4N. C?I4 M.—w, Ise 1R9! rI iTILADA s Ism Fl4h�444 20 F:1" - 5rr. ff-11 ...202110076 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 160 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 171 of 238 11 PID EXHIBIT - ANA APRI PHASE II - DIRECT COSTS PAVING - NORTH =_- r in tl6 DAFFAU SURVEY, ABSTRACT NO- 288 CITY OF ANNA COLLIN CQUNTY, TEXAS ■ f ■ T,",aMrtwawa.� ,� CmpQy, In 1'.1 H d6c Ghe �'iLaYraH Tsw T606F LLw61- I��w, Ise 1R9! iTILADA s 7�Q 1�Tf ROK-- P?4 r-:1" — YT- ff-11 .;.242f3l0078 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 161 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 172 of 238 — F I - I III PID EXHIBIT - ANA APRI PHASE I - DIRECT COSTS PAVING - SOUTH in t le s F.T. DAFFAU SURVEY, ABSTRACT NO. 288 �= CITY OF ANNA :# COLLIN CQUNTY, TEXAS i �• ''� T,",a,• rt wawa. C1HbW In 1'.1 H d6c Ghe ��'i� •. LaYraH Tsw T606F 67t 4N. C?I4 LLw61- - I '"2 Ise.. } iTILf3DA s Ism 22 nF./f%:' rt.. F:I - 5rr. .Ir11 .;.202110076 Ih, ANACAPRI PUBLIC IMPROVEMENT DISTRICT 162 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 173 of 238 EXHIBIT f' " PHASE 1 & II IANI1.SCAPF HAS II-H IMIIH(IVFMFN IE 73 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 163 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 174 of 238 - ANA API I MASTER IMPROVEMENT LANDSCAPE - NORTH in t le DAFFAU SURVEY, ABSTRACT CITY OF ANNA COLLIN CQUNTY, TEXAS NO- 288 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 164 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 175 of 238 PID EXHIBIT - ANADAPRI FASTER IMPROVEMENTS LANDSCAPE - MIDDLE in t �,e F.T. DAFFAU SURVEY, ABSTRACT NO- 288 CITY OF ANNA COLLIN CQUNTY, TEXAS w T,",aMrtwawa.� CmpQy, In 1'.1 H d6c Ghe �'iLaYraH Tsw T606F LLw61- I��w, Ise 1R9! iTILf3DAms Ism ROK-4X- ANACAPRI PUBLIC IMPROVEMENT DISTRICT 165 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09119/2022 03:17 PM Page 176 of 238 PID EXHIBIT - ANACAPRI MASTER IMPROVEMENTS LANDSCAPE -SOUTH in tle F.T. DAFFAIJ SURVEY, ABSTRACT NO. 288 CITY OF ANNA COLLIN CQUNTY, TEXAS CmpQy, In WP4N.102 Ism Topu -[Hb" McADAms ANACAPRI PUBLIC IMPROVEMENT DISTRICT 166 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 177 of 238 EXHIBIT f'H" I'HASF IA FIF11) N{]I FSANI) PXHIHII ANACAPRI PUBLIC IMPROVEMENT DISTRICT 167 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 178 of 238 LEGAL DE5C RI PTION PHASE 1A BFING all that certain lot, tract, or parnal otland, situated in the F. Datfau Sump?, Abstract Number 78R, Collin County, lexas, and being part thi3t0crtain called 111kilk acre track of land, described in deed to O@kwacd Village Apartments, recorded in Instrument Number 20171201001594200, Gfficial Public Records. Galli n County, Texas, and being part of that certain G0,549 acre tract of land, described in deed [aT-guo-J Partners, recorded in Instrument Number 7D084500(1DD5621lr)D, Official Public Records, Collin County, I cxas, and king part of that certain ca I led acre track of land dcscribcd in deed to Iwo J Partners, recorded in tnstrument Number 20084509004542500, Official Public Records, Collin C.aunty, Texas; CON11AFNCING at a 1" pips tnund at rho northeast rnrnerM said 60.949 acre. tract, hein8 the, approximate no rtheast Corner of sa id Daffa u Survey, being the northwest corner of that ocrtain tract of land, described indeed to Jose Pacundo and wife, Josefina U. Faoundo, retarded in Volume 4G23, Pagc 759, Deed Records, Collin bounty, Texas, and beirT on the south line of County Road 3-70, and the Saud line Dt a Variahla width right-aF-way dediratin n. as dedicated by platot Anna HiBFr Schrxzl Addition, an addition to the City of Arena, acmrd ing to the plat khcreaf, recorded in Instrument N um bcr 2D11 1 I /, PlakRerords, Coll inCounty, Iexas, THENCE 5 DO"31'10" W, with the east line Dfsaid 111-611Gacre tract, and the west line of said Facundo Ira c:t, a d isLa ntr o r 246.52 frrL Lea a 3/8" rt'ba r fUurid d L Lht' SUutllxrrs L CUF nrr Lhrr evr, a rid brinD Lht! northwF st mrne r of West Orn4sing Pha s¢'3, a n addition to the C9tyr of Anna, areord ing to the plat thereof, retarded in Instrument Number 2020-243, Plat Records, Collin (:auntV, I exas, THENCE 5 DO"27'59" 1t'1, with the east line Df said 111-GGGacre tract and the west line of said West Crin�-irr, Phu5e 9, passim, Lhr xiuLhwnI. currrrr Lhrrrur, arise beirq� Llrr rrarLhwrsI. corner Uf Wvst Cn-A.ung Pba-;e 7. an addition to the City of Anna, arnnrrling to the plat therenf, refnrdpd in Instninrant Hurntspr 7W F{k4, Plat Rr:C.nrds, Collin CnunCp, T41.XAS. ormtinuing with the vAmst linp. t3rerent, a total distarice af1CSG-45 feet to a 2/2"capped rebarset stamped 'McAdarns'atthe POINT OF BEGINNING; THENCE S DO`2759" Uri, with Lhr wrs L line o I said Wcsk Ci ossin8 Phase 7, d dis La nct of 477.60 fteL kta a 1,r2" r:aplrrd rt! bdi sct sLarriped'McAdarns" at souUiwnL currrrr Lhrrrsrr, and bring Lhr northwest corner of West Grassing Phase 5, an addition to the City of Anna, according to the plat thereof, recorded in Instrument Number 2D16-55.1, Plat RECords, Collin County, Texas; THENCE S D0`24A8" W, with the cast line of said 111.6GGacrc track, and Lhr west line or said WE+ 5t Cressing Rhasc 5, a distance of868,25 feet to a lr2" capped rcbar faun stamped "JBI" at the southeast corner of the aforementioned 111.666 acre tract, and being the southwest corner of.] 40' right-of-way dedica tion, a s shDwn on said West Crassin G Phase 5, and being an the north I ine of Hacl berry Drive as dvditatcd by plat of AvcFV PCIillk Phase lr an addidurr to Lhe Caky of Anna, acexarding ko the plaL Lhcrevf, recorded in Instrumenk Number 2D16-4S4, Plat Records, Collin County, Texas; THENCE N 89"06'24" W. with the south line of said 111.666 a ere tract, and the north line of said Hackberry Drive, a distance of'388.77 feet to a 1f 2" capped reba r fou nd stamped "J BI" at the on mmon southcornerofsaid T-irD-J Partnerstracts oFland; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 168 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 179 of 238 THENCE N 89"49'39" W, with the south line of said IL1.666 acre tract, and the north line of said Hackberry Driver ad is tance of 316-19 feet to a 1/2" rapped rebar set stamped "McAdams'.. from to hich Lhc southwmLcur ncr of said SS1.G56 nrrc Lraul., grid Lhe southeastcornerof thatcc! rLain Lracl.of land, described in deed to QR Partnership, Ltd, recorded in Volume 5106, Page 2380, Deed Records, (!Min County, Texas, bears N 39-49'39" W. a distance of 535.51 teet, tram which a 1r'2" rebar tound disturbed bears 5 56"31' E, 0.5 teet; THENCEover, a€Foss, andthrough said 111.G66 acre tract, thefollowirkg= N 00"(30'00'° E. a distance cf 398.32 feat to a Lj2" capped rebar set stamped "McAdams" at a point of cu rvatu re, of a eu rve to the- left; Northwesterly with Llie are of said curve to the left, moving a radius of 120Q.0 ] fet, a central unRle of 30'27'50", an arc length of 638 03 feet, and whose chord bears N 15'13'55' W, a distance of6 xO,55 feet to a 1/?" rapped rehar set stamped "MrfuJams"; N 30")7'90" W, a d ista nee at 7b..55 feet to a 1 f 7" ca pined rehar set srarnped "McAda m s"; N 59"32'10" E. a distance of 3L5.07 feet to a 1j2" capped rebar set stamped '`M€Adams"; S 31"57'1S" E, a distance of 15.0L feet to a 1/2" capped rebar set stamped "McAdams"; N 59°32'10" E, a distance of 920.31 feet to a 1/2" capped rebar set stamped -McAdams"; 5 31°57'15" E. a distance of 353.27 feet to a 1{2" capped rebar set stamped "McAdams' at the point of curvature of a turwe Lr? Lhc ri,-hL; Soukheaskuaiywit[ Lhc arc or said curve Lo Lhc right, havinga radius of 825.00 recL, a LurAral ariglcur 10'14'0r, an arc length of 147.39feet, and whose chard bears :5 26°50'11" E, a distance of 147.18 feet to a 1/2" capped rebar set stamped "McAdams"; N 69"37'07" E. a distance at 204.22feettothe POINTOF BEGINNING and containingapproximately 44.177 acres of I and. LP J E4 A. aTc)YvFi t. ----------------------- ----- ,rcyr'3p=2 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 169 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 180 of 238 EXHIBIT `I" 111AANF M HFIU NUIFSANI)FXHIBII ANACAPRI PUBLIC IMPROVEMENT DISTRICT 170 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 181 of 238 LEGAL DE5C RI PTION PHASE 1B EFIFIG all that certain lot, tract, or parnel otland, situated intfre F. DatFau Sur%*?, Ab.omr.t Number 78R, Collin County, Iexas, and being part thatccrtain EaIled 111kilk acre track of land, des€ribcd in dccd to 0@kwacd Village Apartments, recorded in Instrument Number 20171201001594200, Gfficial Public Records. Colli n County, Texas, and being part of that certain 60, 549 acre tract of land, described in deed [aTarn-J Pawners, recorded in Instrument Number 7C0805000DD5C321lr)D, CMficial Public Records, Collin County, I cxas, and king part of that certain sa I Icd }1,15 acrc track DF land described in dccd to Iwo i Partners, recorded in tnstrument Humber 200805090M,$2500, Official Public Records, Collin County. Texas and being par[ of that certain tract of land, described in deed to Rebeora Welch. recorded in Volume R, Page 556, Deed Racnrds, Catlin County, Tax as, and beinq mo re particularly described as follov,s: U LG I NNI NU a t a 1" pipe fou nd at the northeast mrncr of sai if GD_A9 acrc tract, bei ng the a pproxi ma to northeast cor ner of sa id Daffau Survey, being the northwest corner of that certain tract of land, dr:srrihed in deed to loss Farundo and wjk.: lDsefina 1). Farundn, recorded in Volume 467.5, Pare 7.91, Drcd &mrds,Cal lin County, Icxas, and bcingon thc south Iinr oFCounty Hcad31U, and thr south line DFa Variablcvridth right of vfaydcdicalion, asdedieatcd by plat of Anna High Schaal Addition, an addition to the CS ty of Am, aecord ing to the plat thereof, recorded i n Instrument N um ber 2011-177. Plc t Becofds, Coll in 4:: &u ntyr, Te-xas; THFNCl= S 00"31'10"'d4, -,vith the ea#t ling nfsaid 111.Fi66 arse tract, and the vje.4t line ofsaid Farundn track, a distance of !4b_51 F! etto a 3r'S" rebarfound at the southwest corner thereof, and being the northwest corner of West Crossing Phase 9r an addition to the City of Anna, acoo riling to the plat theievr, ietnrded In Jrkslrurrwiii Nurnbrr 2020-243, PluLP curds, CQ111n4-*unLy,Texds; THFNCF S 00°7794"oV, -orith the eacst ling nfsaid 111_Fi66ar.rp tract, and the west line of said West Cr+7^s4'ng Ptra-;e c�. paying the snijttrwe5t enact, thereof, and being thLI northWpst corner ol'4Vmr Crossing Phase 7, an addition to the City DF Anna, according to the plat thereof, recorded in Instrument Nunilrrr 2018-69, Plat Rturnds, Collin Crauriky, Trxa3, arriUrkuinG with Llrr weal line Llierrur, a LoLaI distannp r�f1101.6R teettn a 1 f?" c.Rpppd rpbarset stamped `10rAdams"; THENCE 5 f>,8°37`07" W, a distanoe of204.a2 feet to a 1/2"capped rebar set stamped "McAdams" THENCE northwesterl-J with the arc of cur,'e tD the left, haying a radius of825.00 feet, a central angle Df W'24'45", ark arc length of 135.53 fccL, and whose chord braes N 26°25:34" Wj a disLanix arld5,38 recto a 112"sapped rcbarsckstamWd "McAdams'; TI IENCE N 315715" W. a distance of 353.27 feet to a 1{2' capped rebar setstamped "McAdams'' TI IENCf 5 59'32'10'r IN, a distance of 800,27 feet to a V2" capped rebar set staniped "McAdams"; THFNCI= N 31"57" 9" W, a distance of 141101 feet to a 111" c-.apppd rebar sat ,tamped "McAdams' THENCE N 3 f °. 1'27r` W. a distanct, of 42.14 feet to a 112'r capped rebar setstarnped "rwlcAda ms"; TH ENCE N 29"r19'35" W, a d ista nce of 13.14 feet tD a 1f 2" capped reba r set Stam ped 'McAcla ms"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 171 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03-.17 PM Page 182 of 238 HENCL N 28-01'44" W, a dista n€c of 4114 feet to a 112" cappcd rchar sct stamped "McAdafns"; TI IENCC N 26'13'53" W, a distance of 43.14 feet te.a 1/2'r capped rcbar set stamped "McAdams"; TIIENC-1 N 24'26'02"%V, adislarice of4114 rt't't lva 1/2,rcapped rcbar set�;tarriped "MeAddins"; THENCE N ?7".i7'1 R" W, a distance of 3..F0 teat to a rt j7"capped fpbar set stamped "MeMams"; THENCE N 20'48'29" W. ad ista nce of 43,82 feet #a a 112'r capped mbar set aimped "McAdams"; THENCE N 18"55'39" W, a distance of 13.82 feet to a '1/2" capped rehar set stamped ''McAdams"; THENCE N 17 09'DS" W, a distance cif 4.3.87 teat to a 112" r.apped rcbar ut stamped "McAdams"; I H ENCL N 15'19'3D" LV, a d ista rice of 41 82 fcct to a 1r)" capped rchar set stam ped "McAda ms''; TH ENCE N 13"29'S6" LV, a d ista rice of 43.22 feet to a 1/2" capped reba r set stam ped "McAda ms'r; THENCE N 11"40'21"LV, adisLanix or43.$2 rt't't lag Sit"capp"i rtArdr st'tstarriped "McAdams"; TH EFJC£ N 10'02'24" W, ad ista n€c of 34, 53 feet tD a 1/2" cappcd rchar set stamped "McAdams"; THENCC N 09'07'37" W. a distance of!). 30 feet to a 1/2" capped rcbar seLt stamped `McAdams', TI IENC-f N 06'01'12" W, a disWrice of 4182 Feet to a 1/2" cdpprd mbar set3#aniped "McAdetn�"; THENCE N fIE'] 1' R" W, a distance nf 1..R7 teat to 1 I j7'r capped nahar set stamped "Mr.Adams"; THFPICF N 04'37045" W. a distance of 43,83 feet #a a Sl7'r capped rcbar set stamped "McAdams THENCE N Ol"SB'DS" W, a distance of 58.50 feet to a 112" capped rcbar set stamped 'McAdams"; THENCE N WD1'.36" W, a distance at 25.D1 teat to a 1/2" capped Behar setstarnped "IArAdams"; H LWS 3'45" Era dicta noc of 494.84 feet to a 112:' ca ppcd rchar set sta mpcd 'McAda ms" tD the north line of said 111.G(;L acre tract, and the south line Df that certain tract of land, desrribcd in deed to Kayasa Holding, LLC; recorded in Instrument Number 20190807000946750, Offieia I Public Records, Cal li n Cou ntp, Texa s; THFNCE NR7 5i3'S4" F. with tha north lino ofsaid111-fi66acre Tract, andthe .cwthline r�fsaid Kayasa HDldinas trart, pacing at distance of 303.60 feet, a S/8" rcbar found in said County Road ZA), being thr svuthwe'sLWiver 01 thdt certain Edllyd 2.460 imt- tra-:Lwf IdIid, deskriL*d ir, dyed ter Llke City or Anna, recorded in Voluma 47W, Page 7.96, DP..ed RannrrJs, Crllin COrenty, Teas, rxintinuingWith the muth ling then-ot, a tntaI distance nt 4.11fi-56f-.ettn a S{R" rchar tnund in said County Road 370, tmrn whid7 a 5 f8" rcbar found far witness bea rs S OU'2 i E, a d ista rice of JD.0 feet; THENCE N87"36'S9" EwiIli Llrrsouth Iirirorsaid GLyof Anna Trdut, 1 sinhal167.15 rrrIthr southrdAcur rirr Lherror,rwnLinuingwiIli Llitwulii liar ofsaid Kayasa Holdinrstract, a LoLdI d1hAdrice ur 477.R{1ft=�P.t to a 1 f 7:, rah,ar found at rho snuthaast corner thefanP, tieing the .uuthwesr r.orrk:r of.aid right-Df-vvay ded icatiDn shaven on Anna Higlti 5shaal Addition; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 172 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 183 of 238 THENCE N 89"35'09' E, with the north line of said Welch tract, and the south line of said right -at -way dedication, a distance of 517-45 Feet to thn POINT OF BEGINNING and containing approximately 39.822 acres trf Idnd- i JAMES A. STCYNELL ANACAPRI PUBLIC IMPROVEMENT DISTRICT 173 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 184 of 238 LEGAL DE5C RI PTION PHASE 1B TRACT 2 BLINC; all that certain lotr tract, or parcel of land, situated in the F. Daffau SurvcV, Abstract rJumber 288, Collin County, Texas. dnd being part that certain called 111.666 acre tract of land, described indeed to Oakwood Village Apartments, recorded in Instrument Number 20171201001594200, Official Public ReCOFd5, Gatlin County, Texas, and being part of that certain 60.'A9 acre tract ofIand.. descrilmd in deed Eo Iwo J Partners, recorded in Instrument Number 'LW8USU9U[7US5249[}, Official Public Komrds, Collin County, Texas, and being part of thatcertain called 51.195 acre tract of land described in deed to Two-J Partners, recorded in Instrument Number 20084509004542500, Offidal Public Records, Collin County, Texas and beingpartoFthat aertaintract atland,described in dead to REbemR bWelch,Feoarded in Volumc R, Page Sf,R, Deed Rcuvrds, Collin County, Icxas, and being more particularly described as follows: COMMENCING at a i" pi f e found a t the northeast tornef of said 60.549 acre tract, being the approximate northeast corneF Of Said Daftau Surrey, heing the northwest corner OF that mrtain tract of land, dcscribcd in decdtoJosc Faeunda and tvifCrJcscfina0. Faeundo, rccarded in Volurnc 4b2S, Pagc /S9, UeCd Records, Collin County, I cxaSr and being on khc south line of CDuntp- Road 310, and the South line of a varilble width right-of-way dedication, as dedicated by plat of Anna Iligh School Addition, aii addition to the (Ity of Anna, ;according to the plat thereof, retarded in Instrument Number 2011-177, Pla t Rrmrtis, Coll in Ca a nty, Tmras, FHENCE S W°31'20" L4, with the east line ofsaid 111 6GGacretract, and the west line of said Fa€undo tract, a distan€e of 2415-S2 Feet to a 3r'S" rebar found at the southwest comer thereof, and being the nur Uiwnt Wirier rJf Wnt (russipit; Plid}C 9, do aididun In Lhr City of Anna, acvirdirt Lo the plat rherenf, rerorderl in Instrume.nt Numh-�,.r 707C1-?43, Plat Recnrds, C,nllin Czmnty, Texas; THFPICI 500"7 7 54"''{,,ulththe eastline of said 1L11.6563rretrac,.t,andthe wrstIin eOf Qif] WF-st Crossing Phase 9, passing the southwest corner tiaereof, and being the northwest comer of West Cr+rs>inr, PJiasr 7, an addition Lea Urr City of Anna, auuurdirrp, Lu the plaL Lliereu1, rtcurdrii in Instrument Nurnbe.r 7111 Fi-FM. Plat Re.rnrds, Collin Cnunt-r, Texas, rnntinuing with the west line therent, a total distannP cif1101.63 Feettn a 1 f7" rapped r�harset ,taniped "YvlcAdarki THENCE S E8-37'07` W, a distance of 21M.22 feet to a 1,12" capped rebar set stamped "McAdaratis" THENCE norihwcAcrly with the arc irl'a curve Lo the eft, having d radius of 825.00 rvct, a MrAFal angle DF W'24'45", an arc length of 13S,53 feet, and whose chord bears 17 26'25'31)" W, a distancc Df 135.38 feet to a 112"capped rebarsetspmped "McAdams'; THENCE N 3VS7'SS' bW, a distance of 353.27 Feettb a 1/2' capped rebar set stamped "1-1cManis' THFNCI= S 99"3710" LW, a distance of 770.31 to a 1 f 7rr calspad r�-.baF set -tamed "rvlcAdains"; HENCE N 31°5I'15" bW, a distance of 15.01 feet tO the FCFINI OF 8UilNNINLi, being a 2/2" capped rebar set sta m ped "L,rlr-Adams"; THENCE S 59'32' 10" She, d dis Laricr u! 51102 rrrL to a 1/2" capped rrbai set sLarriped ''Mr Ad'din]"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 174 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 185 of 238 THENCE N 31"57"LS" W, a distance of 133.23 teetto a 1/2" capped rehar set stamped "McAdams"; THENCE northwesterlV with the arc of a curve to the right, having a radius of LSd5.00 feet, a central angle of 19'44'59", an arc length of 530.7G feet, and whose Chord bears N 22"06'45" W, a distance of 528,1bfeet to a 1/r capped rebaf set stamped 10cAdams", I I EW--t !� ff°43'44" W. a dlsta nee of 120.Qu feetto a 1}2" copped re fl mr set stamped "McAdams"; IHOWL southeaiterlyvnththe dreof a curve to tie left, havlrg a radius of 16tiS,00 feet, a central angle of 4`77'41", an arr. IenRth of V9.69 teet, and whose chard bears 5 14=.30'OV F, a distance. of 1 219_61 f-.et to a 1/2" capped rehar set stamped '`McAdam s", THENCE S 73-16'03" W, a distance of 72.92 feat to a L/2" €apped rehar set stamped "McAdams"; THENCE northVfesterlV with the arc of a curve to the right, having a radius -of 1110.00 feet, a €entry I dnglc of Lj't-8'13", ern dru 1crrgLh of 2/U_fih [cut, and wlioau 4hord bx is N Ob'25'31" W. d dislariuv of 2b9.9k1freL Lj d 112" tapped m3bdi 5cLaLdiTiPcd "MLAdldrm", TI IFNC_F N W'3.116" F, a distance of 17:3,2.8 feet to a l f7" r.;tpped rehar set stamped "IArAdarns"; TI IENC_E 589"26'24' F. a distance of 28.69 feet to -1 1,12" capped rehar set stomped "N1cAdame, TI IENCE N 88'09'20" E, a d+stance of 170.00 feet to a 112' capped rehar set stomped 'McAdarns"; TH FNCF. sn uthewterly with t he. arr. of a ui rve to the left, having a rad ius of 14.95.00 teat, a rentra I angl e of 30"OS'35", an a rr Ien gth at 785.21 feet, and whose chord hea rs S 15"54'27" E, a distance of 776.22 fcct to a V2" capped rchar sct stamped "McAdams"; THENCE 531'57'15" Er a distance of 134.53 feet to &c PRINT QF BEGINNING and Containing approxlniately 2.387 Acres (103,970 Square feet} of 17rrd, Je.41E5 A. $Tt7WELL ANACAPRI PUBLIC IMPROVEMENT DISTRICT 175 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 186 of 238 EXHI BIT "T' 11HASF IC FIFI D N{]I FSANI} PXHIHI I ANACAPRI PUBLIC IMPROVEMENT DISTRICT 176 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 187 of 238 LEGAL DESCRIPTION PHASE 1C BFING all that certain lot, tract, or para3el otIand, situated inthaz F. Datf-au sunrery,AhstrartNumLsar 788, Collin County, texas, and being Part that ccrtain EaIled 111.(Ak acre track DF land, described in dccd to 0@kwacd Village Apartments, recorded in Instrument Number 20171201001594200, Gfficial Public Records. Colli n County, Texas, and being part of that certain 60, 549 acre tract of land, described in deed toTara-J Pawners, recorded in Instrument Number 7. D0805000DD5621IDD, Official Public Records, Collin Coun Ly, I cxas, and bci ng part of that certa i n cal Icd }1,I95 acre track of la nd described i n dccd to I wo J Partners, recorded in Instrument Humber 20084509004542500, Official Public Records, Collin C.aunty, Texas, and beiri5 all of Lot 1x, 131ock S, Anowpri, Phase 113, an addition to the City of Anna, according to the plat the rent recorded in DocumerrtNumber, Plat Records, Coll in{aunv�,Texas: and heingmore particularly described as fD1IDvr,s; Ueginnina at a 54" capped reba r faund, at the narthwesk corner of said Oakwood tract, same being the nordheast corner of a certain tract of land, described by deed to NoamField I lomes LP, recorded in Instrument Num!ier 767001 17fS00r)7F,8(1, reed Rernrds, C,nllin fnunty, Texas, and heing in the south ling DF a certain track Df land, described by deed to L))K Partnership, LI D, retarded in Instrurncnt Number 1W)O2140OL123133W, Deed Reco rds, C-DIli n Cou n4, I cxas; THENCE 5 89"2443" E, smith the north line of said Oakwood tract, same being the south line of said CJR tract, adisLantror33.n rrrt Lva 1" relmr round..dt Lhr suulhrasLcornrr Lhrrru1. beint;ki the north I ire. of sa id Oale-,uax d tra ct, same hei ng the west line of a nertai n tract of la nd de crihed by,teed to Kayasa HDldings, LLC, recorded in Instrument Number 2019DE(IAK30946"Por Deed Kacords, Collin Count ,,'I eras; THENCI= S 01`1G'34" W, wil.h Lbe north line of said udkwrxKl tract, sdrnr Tarim Lhe west line vrsaid kxya�a tract, a disranre nt 36.17 ?r?r?t to a .SfB" rehar fnund at the snuthwe4t r.ornef rherex-rf, and being in the, north Iirlr: of said nakurnnd tract; THENCE N 37"53'5,1" E, with the northlineafsaidOakwood tract, and the south line ofsaid Kayasatractr a distdrku-_ or142,23 to a V2,r uappcd rebar wI, xLdrnprd "MCADAMS", dL Lhr norLhWe3t currier of a orr Lairr called a 77 3 sure Variably WidLh Right-uI-way DcciivaLian Lo Lhe CiLy of Anria, according LD said Anacapri, Phase1B. and being in the north Iineafsaid Oakwood tract; THENCE with the west Iineofsaid Anacapri, Phase '1Bthe fDIID-rring 22 bearings and distances: SW53',1S- W.adictance.of460.ODfeet toa10"cappedreharset,stampad "MCAUAMS"; S 01`01'36" C a distance of 25,01 feet to a :Ur capped reba r set, stamped "MCADAMS"; S 01°.5PPOS' F, a distance nt 58_50 feet to a 1 f 7" rapped rehar sec, stamped 5 04°37'45" E, a distance of 43.83 feet to a S f 2" Lapped rebar set, stamped "M CADWS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 177 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 188 of 238 S Ue 11'z4 " E, a distancc of 43.82 fC to a 1j2" capped rchar SCt, Stamps-d "MC.ADAMS�'; S 08`01'12" E, a distance of 43.82 feet to a 112" rapped rebar set, stamped "rACADAMS"; S U9°UI'3i E, a distance of 9.30 fMt tD a 112" capped rebar Setr stamped 'rwICAtUAMS"; S 10`02'24" C, d dislarice of 34.53 Irel ter a 1/2" r;apprci mbar set, Slarnped "rJEADAMS"; S 11'40'2.1' E, a distance of 45-82 feet to a 1/2" capped rebar set, smrnped rACADAPAS"; S 13°29'S6" E, a distance of r13.82 feet to a 1/2" capped rebar set, stamped "MCADAMS"; S 15`19'3D" E, a distance of 43.82 feet to a 112" capped rebar set. Stamped "MC.ADAMS�'; S 17013'OS" F, a distance nt 43_g7 te. t to a 112' capped rebar se[, stamped "h1CAtUAh9S"; S 1S°58'39" E, a distance of 43.82 feet to a 1/2" rapped rebar set, stamped "MCADAMS"; S 2C`48'29" E, d i%larice of 43.82 kftL to a 1/2" wpprsi rchar set, �,Larriped "rJEADAMS", 5 22371V E, a distance of 4163 feet to a 112" capped rebar set, stamped -mCADAPAS"; S 2426'02" E, a distance of 43.14 fCet to a lj2" capped rebar SCt, Stamped MCAtUAPAVI- S 26`1.3'53" C, a distance of 43.14 feet to a 112" rapped rebef set. stamped "rJEADAMS', S 7Ml'4 ' F, a distance of 43.14 feet m a 1/7" rapped rchar set, stampm 'rACA LJAMS"; 5 29' 49'3S" E, a distance of 43.14 feet to a 1/2" napped rebar set, stamped "MCADAMS"; 5 31'31'27' E, a distance of 42-14 feet to a 10" capped rebar sat. stamped "r CADAMS'; S 3VS7'1S" E, a distance of 140.431 feet to a 1/2' capped rebar set, sta raped "MCADANIS" at the soulhwrstwrncrof Lut1X,oFraid Ana capri, Phasc1H,and being in Lhc north IiFie aFCdpD 'karde DrGae (called Variable Width Right-of-wayj. according to plat of Ana capri Phase 14. an ANACAPRI PUBLIC IMPROVEMENT DISTRICT 178 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 189 of 238 addition to the Cit¢ of Anna, according tb the plat thereot recorded in Instrument Number, Plat Records: Call in Ccunty,Texas; THENCE S 59'32'10" tor, with the north line of said Capo Verde Drive, a distanra of 120.04 feet to a 1/2" capped rebar set, stamped "WADAM "; 11.ItN(:L N 31'5 Piti' W. with the north fine of sard uipo Verde n'lye, a distance of 15,U1 feet to a 112" capped re. har sit, stamped "MCAT AIMS" at the. southeast r,nrner of said I nt 1){; THFNCF S 59"37'10' W, with the north 3in,-. of said Ca pa Verdi flriye, and the mnst snutlleastedy south I ine of said Let S1f, passi ng th a ma st sm utheasterly southwest cn rner thereof at a d ista nce of 5 0.02 feet, passing the northeast intersection of said Capo Verde drive and Ferguson Parkway at a distance Df IhS.01i, wntlnuinp' a total (115tancr of'IT3 U/ feet to a 112" capped rebar se. stamped "MCADAMS ; HLNC.L N'JO'2!'SU"" W. a dislarioe of 2U,fL feel to a 1/2" uapped rtb ar srL. starnped "MCADAMS"; IHL24C.Liwrthwcalcrly with LjicaruoEd uurm Lo the right, hdvinga rddiuzjur imo.U0 fret, d urritrdI angle of :11'71'3-", and an are. length of 547.3.E fapt,-.vhose rhord twsN N 14'47'D3" W. S40-S 7 feet to a 1/2" capped re bar set, stamped "MCADAMS"; THENCE N 89'26'2,1' W, a distance of 15.28 feat to a Sf2" capped rabar set;. stamped "MCADAMS" in Lhu v,eA line of said Udkv;uud Lracl-, and truing in Lhu cast Iireu of said BloornIFicld LiauL; I HL'NCCL N W'33'j6" L, wiLh Lhu we -A Iinc of said Oakwood Lracl-, dnd Lhc cd-A Iinc of said 131wm1iuld LracL d disLanuu Lxf t84,11 fuut Lo Lbc PC}IN I OF bl-C;INNINb and uL?nldinirig apprux1mdLcly 24.11f guru, CA land. .RrSrdt:S n. 170%1fr: L ANACAPRI PUBLIC IMPROVEMENT DISTRICT 179 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 190 of 238 EXHI BIT 'I " 11HASF II FIFI D NOIFSAIYD FXHWI I ANACAPRI PUBLIC IMPROVEMENT DISTRICT 180 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 191 of 238 LEGAL DE5C RI PTION PHASE2 66.262 ACRES BLINCi all that certain lotr tract, or parvcl of land situated in the S. L. ADberb. Survey, Abstract Number 786, and the Eli W. Witt Survey, Abstract Number 997, City of Anna, Collin County. Texas, being part of that certain tract of land, called 95,444 acres and described by deed to Anacapri Lapna Azure LLC, recorded in Instrument Nurn her 2a2IM1900167992a, deed Records, CDIIIn County, Texas, and being part of that trrtein traLtof land, raped 84,000 aures and described by deed to Anacapri Laguna Azure LLC, recorded in Instrument Huripber 20210819001679M, Deed Re{ards, Collin County, Texas, and being mole particularly described as follows; 8 EG I NNI NG a t a PIC Na it Found in Co u my Road 371, same bci ng the northeast corner o f said 84, WO a cr c tract. same being the northwest Corner afa certain tract of land. described as Tract 1 by deed to Eleanor Katherine Cox Cunningham and Howard Joseph Coop, Jr., recorded in Volume 1995, Page 577, Deed Records, Catlin County, Texas, same being the southLaest garner of a certain 15-foot right-af-way dedication, rocurdrd in CabinrL Q RRdge 668, PlaL Rt!wrds, Collin CuunLy, Texas, and being Lhe southeast corner of a certain tract of land, described by deed to Howard J. Cox ET AL, recorded in Instrument Plumber 1995000000577, Deed Records, Collin County, Texas; THENCE N 88'M'19" W, with the norLh liar Df said 84.DOO atrc tract, and lhv South line uFsaid Coax ETA tract. and C'nurrty Road 371, a distance of 795.08 feet to the POINT OF BEG INNIN5 being 1/2" capped rebarset. stamped 10C1aDAMS"; THENCE over aurvss and through said 84,000 aUrr hacL the fullowin8lwrnLy-six (26) Fails; 501'3427"'0, a distance of 290433 feet to a 112' dipped mbar Set, 5taraped "MCADAM5"; N 88'25'33" W, a disLarice of G5.00 Fret Lo a 112" rapped rcLrar art,!, drripcd WADAfw14", 501°34'27-0. a distanceof495,79 feet toa 112' capped mbar set, 5taroped'MCADAMS"; SuuLhwesLei IV, with the arr; of a curve Lo Lhr righlr having a radius of 50,00 fret, a uenLraI ari It or 26°3741", a riot ars a rM IrrrpLl7 of 2.3, 24 rt e L, whusr thur d bear s S 14°5 T 18" W, 23,03 fret, to a J {7" ca ppid rebar sQt, stain ped "NICADAMS"; S01.1llwa3Lrrly,wiLh Llrcartofa rcvcisr curve Lo the Icfl, havin}a radiusof 50,ODfur L ater7Lra1 a rr,lr of W'40(22", a rid an ar r It riSLlr or 52.95 fcr L, v.6usr q hor d Lrrar s S 02°08' " E, 50,51 frcL, to a 10- r.ipped rP.l)ar 5Pt, 5tamppd "MCAf]A1M15"; S 57`.31'46" W. a distdrrt.r of 24,65 fret LC a V2'r eappcci rcbar srL, sLdrnlrrd "MCA DAMS", 5 01°34'17" W. a distanrp of 117-60 feet to a 1 f 7' rapid rahar set, eta mpsd "MC'ADA MS'; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 181 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 192 of 238 S 88"2S'dd" E, a distance Df W9.92 Fcct to a 1 f2` capped rcbar sct, stamped "IMCAL3AMS", S 01"29'20" W. a distance of 50.00 feet to a 1!2"capped rebar set. stamped "MC.ADAMSr; PJ 86'2 S' 3j" W, a d istance of 5W.0L7 fcct tD a 1,f2" capped re ba r set, stamped 'fold 4DAMS"; S 01`34'27" W. a distance of 111.02 feet to a 1/2" capped rebar set. stamped "MCADAMS"; Southwesterly, with the arc of a curve to the IcEt, having a radius of SU,OO feet, a mntral angle of 101`58'39'', and an arc levW4 of 88,95 feet. whose chard bears S 25'5605" W. 77.70 feet, to a 112' ca peed rebar set, stam petl "MCADAW, Sou Lheaskrly, with the arc of a rcvcrse curve to the right, having a radi us of 50,OD feet, a central angle of 26°3T41", and an are length of 23.24 feet, whose chord bears S 11'44'24` E. 2 3.03 Feet, to a 1j2" copped rebar set, stamped "MCA DAMS'; S Or,4'27" W. a distarrrr of 171.57 fret to a 1!2" rapped rebar set, stamped "MCADAMS"; Southwesterly, with the are of a curve to the right, having a radius of 50.00 feet. a oentraI angle of 26"3741", a nd an a rc length of 23.24 feat. tivhose chord bears S W5 3' 18" 01. 23.03 feet, to a 1/2"cdpped rebar stL stareprd "MCADAIVIS"; Southeasterly, with the arc afa reverse curve to the left. having a radius of 5A00 feet a central a ngle of 113' 15'23", and a n a rc length of 125.02 feet, lrncose chord bea rs S � 3" 25'33" E, 9,130 reel, Loa 1r2" rapped rrLtd r srL,!,Wm rrd "MCADAMS"; Northeasterly, with the arc of a reve.-me curve to the righT, having a raduis of 50.00 feet. a central angle of 26"37'r11", and an arc Ienrith of 23.24 feet, vrhase chard bears rJ 78"15'36" E. 23.W fort Lo a V2" capped rrbdr srLr stamped "MCA DAMS',- 5 88°75'33" E. a distance of 7$-94 Feet to a 1/2" rapped rebar set. starnped "Pa1CAIDAMS": S 01`.34'27" W, a disLd rue o f 2ftOO frr L to a 11Z capped rebar stL, s laniped "MCADA MS"; N 39'75'33" W. a distancie of &. -08 feet to a iJT" r.apperl ri har set, stamped "MCADAMS"; Nor diwrsLrrIV, witfr lhr air; of d rurvr ter Lhr ri�,hI, hdvint; d radius or 51),00 rtet, a rarnLrall an;;lr of 26`3741", d rib an a rr: Irnt;Lh err 23.24 rrr L, %Aiosr thur d bran fJ 75'0642" bb', 2d,03 rrrt, Lo d 1 f 7" cA piped rebar 5Pt, stam peel "NKADAMIV; SouLliwesLrrly, with thr are; of a rrvcivr curve lu Lhr irFL, hav;np, a iddius of 50,04 fetL, d cenLidJ a rrpjr of 1d4`48'S8", and a ri a ry 14mr.6 crr 117.65 frrL, whost ulmrd bed r s S 50'47'40" W. 92,33 fiep.t. to a 1 f)" rapped rr.hor wt, stamp-nd "r-ACA 1AMS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 182 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 193 of 238 N 88'25' 33" W, a d istancc of 111,8y feet tD a 1l2" capped rcba r sct, sta m pcd "MC;.4DAMS"; S 01'34'27" 11r, a distance of 815.00 feet to a 1/Z' capped rebar set. stamped "MCADAM5"; l7 88'2 S' 3j" W, a d istance of 163, 3E fccb tD a 2,r2" cappcd robe r set, stam ped "fall 4DAMS"; S 01`34'27" A a distance of 50,00 feet to a 1/2" capped rebar set, stamped "MCAD,4MS'; THENCE over across and through said 84.000 acre tact, and said 9 5.444a cm tract the fDlGuwing fiwc (5) calls: N 88`25'33" W, passing the west line of said S40M acre tract; same being the east line of said 95,444 atrc bract, continuing a distarrrx of 140.87 FirtA Loa 1;12" capped rebar set, stdmpud "I,ACADAMS"; 5 OG'42'3r1" Era distance Df 302.85'to a 1 f 2" capped rebar set, stamped 'MCADAMS"; Southeasterly, with the arc of curve to the left having a radius of 50,00 feet, a central an81e of 26'37'41", and an are length of 23,24 feet, whose chard bears 5 14cW'25" E, 23A3 feet, to a 1 f 2" capped rebar set, stam ped 'F-elCADftiMS"; Soutliwesteriy, with the arc of a reverse curve to the right. having a rad ius of 50.00 fret, a central angle of 143'15'23'. and an arc le no of 125.01 feet, whose chord bears S 44`17726" W. 131.90 fleet, tD a 1/2" capped rebar set, stamped 'McAmrv15', S 0r-35'53-"W, a di!,Wrrrx Uf 24,4E fort to a L,2,r cappcci icbar Set, Ad- inpt:d "MCA DAMS" in the Baste dy south li ne of said 95.444 acre tract, sa me being the n4tth I ine of a certa in tract of land described by deed to Anna Texas Landr LTD, rer-Drded in Instrument rlum ber 20140718000750570, Drrd f rtor ds, Cull in CU un Ly, Trxa s, from which a 1;'2" r rfaar FUurld, a L Lhr souLhrasL Lurnei of said 95.444acrr LrduL sainr btin-,the suuL -we!,L uumer UFsaid84,D00acre tFa t, bears 5 88'24`07" E. 126-55 feet; THENCE N 88a24'07' W, vvith the edslerly south line of said 95.4-44 dere Lrdtlr and the rwrLli line of said Anna Texas Land Liud, d distanve of 466.0E frrL Lu a 1/2'r capped refer seLr !AA rnprd "MCA DAMS" at the most easterly southwest corner of a irJ 95.4d4 acre tract, same heing the iim'thweat corner of said Anna Texas Land tract, and being in the east line of a certain tract of land, described by deed tD DR Nor Lon -Texas, LTD, recorded in InsLrurnrnL Number 20210212000310470, Drrd R2Twrds, Collin CuunLy, Texas; TH ENCE N 04"34'DO" W, tvitl i the nmast southerly west line of sa id 35-444 acre tract and bei ng the most souther ly easL I irrr u f sd id DR Hur tern Lr aUL, a d i-Aa rice o f 762.32 frrL LQ a 112" r:apprd i rbai fuurrd (yelluwcalr)dt Lhr inner tlIUFmid 95.444-ae r LraG�sarnr brin8thr nit*11.wullieriy rijrLlrrasltUinrr Uf said DR Hnrton tram; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 183 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 194 of 238 THENCE S 68'20'So' W, tvith the most viesterlyr so uth line of said 95.444 acre 'tract, and the most easterly north line of said DR Horton tract, a distance of 38.41 feet to a le'2" capped rehar set,. stamped "MCADAM S"; THENCE N C}0"42'34" W, a distan€e at 2250.12 feet to a 1/2" rapped rehar set, stamped "MCADAMS' being in the north line Dt said 95.4+1 acre tract, and the south line of a €artaintract at land, described by dccdto Lau raColl iru, rc€ordcci in InstrurncnL Number 1994031090023G490, Dccd Rccurds, Collin County, Texas; THENCE 5 89"17'15- E, with the north line of said 95.44 acre tract, and the south I ine nt said laura Collins tra€t, and the south line of Countq Road 371, a distance of 55153 to a 1/2" capped rehar Set, stamped "MCADAMS' aL Lh: souLhuasL corner Df said Laura CulIiris Lrack. bdrig in Lhc north line of said 95.444 acre tract, be ing, in Co u my Road �71. and being the southwest corner of a ca lled 60-foot right-of- way dedicatinn to the City of Annar mgrorded in Cabinet CL Page 604, Plat Records, Cnllin CAiinty, Te-.eas; 1 HL'NC.L58b'41'41' L, wiLh Lhc souLli line of said 60' HCYA' dudicaLiun, C'vunly Road 3f1, and Lhc north line of said 95.44} acre Lra,.L, pashing a PK Nail hjund aL Lhc norLhcasl- currier lhcruof, wine king Lhc nortl}taast r,n mer of sa id Maw arse tra nt, at a dktanr.e of 190.96 feet, continu inR with the no rth lino tltererFf, passinR tha southeast mrnar of said 60' POW dedication, same beinR the southwest corner of Bryant Farm RDad, passin- a PIC Nail with shiner, stamped J_F. Smith 3700, at a distance Df 5,97.13 feet, a conlinuing a LuLal dibLaryuc: ul `s91.09 lucL to a 1/2" cappud rubar mA, sLarripud "MC'AL)Ah+1S" al Lhc suuLheasLcornrr of said LiiyarrL F2rin Koad, sonic being LhrsQuLh-xrsLcurner ufNaid Cbx LIALIract THENCE S &E'39'19' E, with the north line of said 81.000 acre track and the south line of said Cox ETAL track, a distance of 13.75 feet to the POINT OF BEGINNING and being approximately GG.267 acres of I arid, JALL 'rf 1: —�ll2f ANACAPRI PUBLIC IMPROVEMENT DISTRICT 184 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 195 of 238 EXHIBIT" " 11HASFI11 FIFIUNUIF-�ANI)FXH11411 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 185 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 196 of 238 LErAL DE$CRIPTI ON Phase 3 48.595 ACRES BEING a that certain lot, tract, a parcel at land situated in the S_ E_ Roberts Survey, Abstract Number 7996, and the Eli W. Witt Survey, Abstract Number 997, City of Anna, Collin County, Texas, being part of Lhat ccrLain trauL of la rid, cz�I1cd 95.444 acres and dc-scribed by dccd Lo Ariarapri Laguna Azure LLC, recorded in Instrument Nun}ber20210919001679920. Deed Records, Collin County,Texas,.)ndbeing more Particularly described as follows; BEGINNING at a 1/2" capped rehar set Stamped "MCADAMS° at the northwest corner of said Anacapri Laguna Acuru tram. and bring irk CaunLy Road 311; TH FN(_F S 89"1 7'1 S" F, with the north I ine of said Anacapri 17Ru na A? a r� tract, and wit h the approximate ceryter of Country Road 371, a distance of 9+11.9'U fleet to a 1j2" napped rehar sat stamped "MCA DAM 5"; TI-IFNC_F.SCN"4214"W. a distance of 2]50.19feettna 117" rapped reharset %tamped "h+1(.Ar)AMS" r5n a south ling r}f said Anarnpri I aRkina Azure tract, froin whir.h a 1 ji" capped rebarMund at an inner el I¢ corner thereof bears N 93"20'SG" E. 38.41 feet; I H LNC.L S W2 U'S b" A. With a south I ine 4, I Said Ariawpr i La}r ur}a Atu t! t rant, and a north I irie of Lh at c.ertaintrartcif larid, des€rY,ed in de.Mvi DR Hnrton-Texas ITD, recorded in Dffnmem.Nijrnhe.r 20210212040310174, Real Property Records, Collin County, Texas, a distance of 925.6E feet to a 1 j2" capped re bar sat starnped "MCADAMS"; 'IliEN(:E N W'0'28t' W. with the commoil IIne ofsa;d Anoeoprl Laguna Azure tract, and said DR Dorton tract, a distance of 1'10.-D4fest to a 1 j) capped rp.har sit ;fampp.d "I IC,' DAIVI5" THENCE N 41"17'06" W, continuing with tha common line thereof, a distance of 1185.7E feet to- the POIN 1 CAI. MGINN INC; and (ontalning appfomimately 48.S#;b acres of land, ]AMES a S7Lri4tl.L ANACAPRI PUBLIC IMPROVEMENT DISTRICT 186 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 197 of 238 EXHIBIT "M" I'HA:'F tV FIFI I] N(]I FSANI} F}{HlHI I ANACAPRI PUBLIC IMPROVEMENT DISTRICT 187 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 198 of 238 LEGAL DE5C RI PTICH PHASE4 64.604 ACRES 13L1Ki all that certain lotr tract, or parvcl of land situated in the S. L. ADberb. Survey, Abstract Number 786, and the Eli W. Witt Surveyr, Abstract Number 997, City of Anna, Collin County, Texas, being part of that certain tract of land, called 95,444 acres and described by deed to Anac,-j pri Lapna Azure LLC, recorded in Instrument Nurn her 2a210$1900167992a, deed Records, CDIIIn CDunty,Texas,and being part of that trrtain traLtof land, raped 84,000 aures and described by deed to Anacapri Laguna Azure LLC, recorded in Ins-trument Huripber 20210819001679M, Deed Records, Collin County, Texas, and being mole particularly described as follows; 8 EG I NNI NG a t a PIC Nail Found in Co u my Road 371, same bci ng the northeast corner o I said 84, WO a cr c tract. same being the northwe5tc01rner ofa certain tract of land. described as Tract 1 by deed to Eleanor Katherine Cox Cunningham and Howard Joseph Coop, Jr., recorded in Volume 1995, Page 577, Deed Records, CGIlin County, Texas, same being the southtaest corner of a certain 15-foot right -cif -way dedication, rocurdrd in CabinrL Q RRdge 668, PlaL Rt!wrds, Collin CuunLy, Texas, and being Lhe soutlwasl corner of a certain tract of land, described by deed to Howard J. Cox ET AL, recorded in Instrument Plumber 1995000000577, Deed Records, Collin County, Texas; THENCE S 01`29:20" IN, wiLh Uit rasL lint of sdid Anacapri Lract rmoidcd iri 20210819001679920. and with the west line of sa id Tract 1, passing the so uthwest corner thereof, bein g the northwest corner of that certain tract Of land, described in deed to LGI Homes -Texas, LLC, recorded in Instrument Number 2019H2E00D1D39780, deed Records, Coll in County, TeXaS, and Conti n uing with the west line [hereof, a tvkaldhAdrice of 3021.11 fetL Loa 1/2" mbar found aLLhrsDuUiwrsL Luiner vlthraraitrntnUQntd Andtapri LTasL-r THENCE N 88"29'03' W. with the south line of said Anacapri tract recorded in 2U210819041679920, a distance of1211-75 feet a 1/2' rebarfeund at the southwest corner thereof, and beinrthe Southeast corner of said Anacapri tract recorded in 202109290D1679940; H LrdL1 N 88°24'U e W, with the south I inc Df sa id Anacapri tract, recorded in 2U11U819002 f9940, a distance of 126.55 feet; TI I IN( I= over across a nd through se id 84,000 acre tr act, a nd sa id 95.444 a ore tract the fultcwing; N 01'15.5.3" F, a distance of 74.4R fr:F-t rn a 1/7 rapped r,-.har set, stamped "MCADAMS"; Northeasterly, with the arc of cun+e to the left, having a radius of 50. 00 feet, a central angle of 1431S'23", and an arc length of 125-01 feet, xwhase chard bears N 14'17'26" E, 943D feet, tD a 1/2"tapped mbar srL stamped "MCADAMS"; Northwesterly+, with the am of a t arse cuNL-. to the left, ha4-ing a radiur, of 5(kM f?et, ;h central angle of 26"37'41", and an arc len# of 23.24 feet, whose chard bears N 14'01'25' b4, 23.03 rrrL, Lu d 112" capped relmr srL, sLdrolred "MCADAMS'r,. N 00 47'34" Vv, a distxnn-. of 3f17.85'ro ii I/]" cappprl r�hdr cot, stamp�-.d':MCA DArJS'; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 188 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 199 of 238 S 88'7S'dd" E, a distancc Df 140,5} fret to a 1/2` caPpcd rcbar sct, stamped "MCAL3AMS"; N 01'34"27" E, a distance of 50.00 feet to a 1/2' capped rebar set, stamped "MCADAMS"; S 88`7S'db" Er a distance Df lb8.38 FCct to a 1/2" caPpcd rcbar set, stamped "MCAUAMS"; N 01'34"27" E, a distance of 815,00 feet to a 112' capped rebar yet starnped "Iw1C:ADAMS"; S 88'25'dd" E, a distance Df 111,89 Fect to a 1/2" capped rebar set, stamped "h9CADAMS" Nortf7easterly, with the arc of a curve to the right. havi ng a ra diusof 50,00 feet, a centra l angle of 134'49'58", and an ar€ length of 117.65 feet; vohose chard hears N Sv" 7'40' E, 52.33 feet, to a 1/2"capped Fcbarsct,skarnped "MCADAMS"; Southeasterly, with the arc o f a reverse tune to the left, having a radius of 5040 feet a central angle of 26"37'rli", and an arc length of 23.24 feet, whale chard hears 5 7S'D6 2" Er 23.03 feet, W a 1/2" capped rtlrar set, starnMd "MCADAMS"; S 88'25'33" E, a diswee of 83,08 feet to 0 1/2" capped rebar set, stamped "MCAI)AM5"; N 01'34'27" E, a distance of 24C. CO ftrL Lea a 1/2" idpped Eelm r yet,.-Aarripcd "MCADAMS"; N 88'2533" W. a distance of 78,94 feet to a 1/2" capped rebar set, stamped "MCADAMS„,, SQL LtiwtsLraly, with the arr.: oI a curve lv Lht Itft, Iravin, a radius 0I50.00 Ertl, a urntraI angle uI 2f5'37'41'r a rid an ar u IengUE v f 2d, 24 Ftct, whvvc thor d btar s S 78'15'36" We 23,4d fet t, Lv d 1/2' ca pped mbar set stem ped "NICADAMS", Nor LhwesLtrIV, with Lhr arc oI a rtvrrSt! curve Lo Lhe right, haw%a radius oI SOX0 IrtL a ctnLral an�,lc of 14.3°15'23", and an arc IrngLh of 125,01 IteL, whoyt chord bears N 43'25'33" V r 94.90 feet, to a 1/2" capped rebar set, stamped "MCA DAMS"; NordwasLerly,with Lheart ofa rtvtrse curve to the lefL,havin}a radiLISur 50.00ft L, a utritral arE,Ie of 26'3T41", and an are Irrig U7 or2d,24 feet, whow chord hears N 14'53'18' E. 23.03 feet, to a ll?" cappFsd reImr s-Pt, stamper) "ruICADAMS N 01'34'27" E, a distance of 171.57 ftrL Lo a 1/2" cdpped rebar wr ylaruptd "MCADAW, NorChwe-sterly, with the a M. of a r.urvf,. to the I�Et, having a radl US nt 50.00 fit, d central a n.glp. of 2G'37'41"r a nd an are Iengtil of 23.24 feet, whose chord hears N 11"44'24" W, 23.03 feetr tD a 112'cdp1ped rebar ytL ytarriprd "AACADkMS"; ANACAPRI PUBLIC IMPROVEMENT DISTRICT 189 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 200 of 238 Northeasterly, with the arc of a curve to the left, Craving a radius at 50.00 teet, a central angle at 101`58'39', and an arc length of 98.99 feet, whose chord bears N 25°56'05" E. 77.70 feet, Eo a 112" rdppcd rcbarscL, slampcd "MCA DAM5"; 1101"34'27" E, adistanre nt 1'11.02 teet toa'1/2" capped rebar set, stamped "MCA DAMS-, 5 88°25'33" E, a dislaricc o1 560.00 lc!LA 4 l V2" rapped rcbdr scL, stamped "MCADALw15"; N 01 "29' 20" E, a d ist.3n oe of 50,00 feet to a 112" ce Aped rebar set, stamped " WADAM S": N 33"25'33" W. a distance c}f 609.02 feet bD a 1 f 2" capped rebar set, stamped "MCADAMS"; R01°)4'27" E, adistance of 117.60 feet tot 1f2" capped rebar set, stamped "MCADAW, N 57*31'46" E, a d istan ue at 2+1.65 teet to a 1f 2" €a pped rebar set, stamped "MCADAM S"; IlorLhwtslcrIV, with llic dre of a uurvc to Lhc right, having a radiub of hU.00 rt.cl,, a ccr7Lral ariglc rFf HO'40'77", and an arr. length ref 5?_9S fei-t, xwhrece rhnrd bear% N 07`0$'0:t" Vd, 9O.51 feet, to a 1 f7" rapped rebar set, stamped "MCADAN1S"; Nor lhcnisLcrIy, with Lhcarcof a rr_A-urscturvc to lhclell,. havfrkga radius of 50-00 fccl, accnlral angle of M'j '41", arid ari aic IcngLhof 1114 fccl whrrsechord bears N 14°�8'18" L, 23.03 feet, to a 1{2" rapped rebar set, stamped "MCADAMS"; N01"31'27" E, adistaneeof A95.79 feet toa 1f2" capped rebar set, stamped "MCADAMS"; S JJn'2!.->'XJ" E, a dlstanee of b5.W feet to a 212" eapped rebar set. stamped "MCADAM ; N 01"31'27" E, a distanm of 230.33 feetta a 1f2" capped rebar set, stamped "MCADAMS" to the nflrth line of said 34.000 acre tract, and being in said County Road 371, TH FNCF S W4 91(Y F, witlt the north line of said 84_DOO arse trar.t, and with said Crsu ntV Read 371, a diatanr.e of 7-�]5.08 teet to the POINT OF RF.GINNING and rnntaining approximately 64.604 arms rsf land_ JAtl ,; ,_ ANACAPRI PUBLIC IMPROVEMENT DISTRICT 190 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 201 of 238 Appendix B — Buyer Disclosures Forms of the buyer disclosures for the following Lot Types are found in this appendix: • Improvement Area #1 o Improvement Area #1 Initial Parcel o Lot Type 1 o Lot Type 2 • Improvement Area #2A o Improvement Area #2A Initial Parcel o Lot Type 3 o Lot Type 4 [Remainder of page left intentionally blank.] ANACAPRI PUBLIC IMPROVEMENT DISTRICT 191 SERVICE AND ASSESSMENT PLAN 2022 - 2022000141224 09/19/2022 03:17 PM Page 202 of 238 ANACAPRI PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #1— INITIAL PARCEL 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 203 of 238 AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS IMPROVEMENT AREA #1 INITIAL PARCEL PRINCIPAL ASSESSMENT: $229145,000.00 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 204 of 238 [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: SIGNATURE OF SELLER DATE: 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. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 205 of 238 [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 COLLIN § 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. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 206 of 238 [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: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF COLLIN § DATE: SIGNATURE OF SELLER 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. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 207 of 238 ANNUAL INSTALLMENTS — IMPROVEMENT AREA #1 INITIAL PARCEL 2023 $ 473,601.91 $ 1,310,984.00 $ 40,000.00 $ 1,824,585.91 2024 $ 501,639.14 $ 1,282,946.77 $ 40,800.00 $ 1,825,385.91 2025 $ 531,336.18 $ 1,253,249.73 $ 41,616.00 $ 1,826,201.91 2026 $ 562,791.28 $ 1,221,794.63 $ 42,448.32 $ 1,827,034.23 2027 $ 596,108.52 $ 1,188,477.38 $ 43,297.29 $ 1,827,883.19 2028 $ 359,067.18 $ 1,153,187.76 $ 44,163.23 $ 1,556,418.17 2029 $ 380,323.96 $ 1,131,930.98 $ 45,046.50 $ 1,557,301.44 2030 $ 402,839.13 $ 1,109,415.81 $ 45,947.43 $ 1,558,202.37 2031 $ 426,687.21 $ 1,085,567.73 $ 46,866.38 $ 1,559,121.31 2032 $ 451,947.09 $ 1,060,307.85 $ 47,803.70 $ 1,560,058.64 2033 $ 478,702.36 $ 1,033,552.58 $ 48,759.78 $ 1,561,014.72 2034 $ 507,041.54 $ 1,005,213.40 $ 49,734.97 $ 1,561,989.91 2035 $ 537,058.40 $ 975,196.54 $ 50,729.67 $ 1,562,984.61 2036 $ 568,852.26 $ 943,402.68 $ 51,744.27 $ 1,563,999.20 2037 $ 602,528.31 $ 909,726.63 $ 52,779.15 $ 1,565,034.09 2038 $ 638,197.99 $ 874,056.95 $ 53,834.73 $ 1,566,089.67 2039 $ 675,979.31 $ 836,275.63 $ 54,911.43 $ 1,567,166.37 2040 $ 715,997.28 $ 796,257.66 $ 56,009.66 $ 1,568,264.60 2041 $ 758,384.32 $ 753,870.62 $ 57,129.85 $ 1,569,384.79 2042 $ 803,280.67 $ 708,974.26 $ 58,272.45 $ 1,570,527.39 2043 $ 850,834.89 $ 661,420.05 $ 59,437.90 $ 1,571,692.84 2044 $ 901,204.32 $ 611,050.62 $ 60,626.65 $ 1,572,881.59 2045 $ 954,555.61 $ 557,699.33 $ 61,839.19 $ 1,574,094.13 2046 $ 1,011,065.30 $ 501,189.64 $ 63,075.97 $ 1,575,330.91 2047 $ 1,070,920.37 $ 441,334.57 $ 64,337.49 $ 1,576,592.43 2048 $ 1,134,318.86 $ 377,936.08 $ 65,624.24 $ 1,577,879.18 2049 $ 1,201,470.53 $ 310,784.41 $ 66,936.72 $ 1,579,191.66 2050 $ 1,272,597.59 $ 239,657.35 $ 68,275.46 $ 1,580,530.40 2051 $ 1,347,935.36 $ 164,319.58 $ 69,640.97 $ 1,581,895.91 2052 $ 1,427,733.14 $ 84,521.80 $ 71,033.79 $ 1,583,288.73 Total $ 22,145,000.00 $ 24,584,303.01 $1,622,723.17 $ 48,352,026.18 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 208 of 238 ANACAPRI PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT TYPE 1 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: I) 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 209 of 238 AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LOT TYPE 1 PRINCIPAL ASSESSMENT: $45,099.70 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 210 of 238 [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: SIGNATURE OF SELLER DATE: 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. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 211 of 238 [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 COLLIN § 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. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 212 of 238 [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: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF COLLIN § DATE: SIGNATURE OF SELLER 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. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 213 of 238 ANNUAL INSTALLMENTS - LOT TYPE 1 Installment Annual Collection Annual Due 1/31 PrincipalAnnual 2023 $ 964.52 $ 2,669.90 $ 81.46 $ 3,715.88 2024 $ 1,021.62 $ 2,612.80 $ 83.09 $ 3,717.51 2025 $ 1,082.10 $ 2,552.32 $ 84.75 $ 3,719.18 2026 $ 1,146.16 $ 2,488.26 $ 86.45 $ 3,720.87 2027 $ 1,214.01 $ 2,420.41 $ 88.18 $ 3,722.60 2028 $ 731.26 $ 2,348.54 $ 89.94 $ 3,169.74 2029 $ 774.55 $ 2,305.25 $ 91.74 $ 3,171.54 2030 $ 820.41 $ 2,259.40 $ 93.57 $ 3,173.38 2031 $ 868.98 $ 2,210.83 $ 95.45 $ 3,175.25 2032 $ 920.42 $ 2,159.38 $ 97.36 $ 3,177.16 2033 $ 974.91 $ 2,104.90 $ 99.30 $ 3,179.11 2034 $ 1,032.62 $ 2,047.18 $ 101.29 $ 3,181.09 2035 $ 1,093.75 $ 1,986.05 $ 103.31 $ 3,183.12 2036 $ 1,158.50 $ 1,921.30 $ 105.38 $ 3,185.18 2037 $ 1,227.09 $ 1,852.72 $ 107.49 $ 3,187.29 2038 $ 1,299.73 $ 1,780.07 $ 109.64 $ 3,189.44 2039 $ 1,376.67 $ 1,703.13 $ 111.83 $ 3,191.63 2040 $ 1,458.17 $ 1,621.63 $ 114.07 $ 3,193.87 2041 $ 1,544.50 $ 1,535.31 $ 116.35 $ 3,196.15 2042 $ 1,635.93 $ 1,443.87 $ 118.68 $ 3,198.48 2043 $ 1,732.78 $ 1,347.02 $ 121.05 $ 3,200.85 2044 $ 1,835.36 $ 1,244.44 $ 123.47 $ 3,203.27 2045 $ 1,944.01 $ 1,135.79 $ 125.94 $ 3,205.74 2046 $ 2,059.10 $ 1,020.70 $ 128.46 $ 3,208.26 2047 $ 2,181.00 $ 898.81 $ 131.03 $ 3,210.83 2048 $ 2,310.11 $ 769.69 $ 133.65 $ 3,213.45 2049 $ 2,446.87 $ 632.93 $ 136.32 $ 3,216.12 2050 $ 2,591.73 $ 488.08 $ 139.05 $ 3,218.85 2051 $ 2,745.16 $ 334.65 $ 141.83 $ 3,221.63 2052 $ 2,907.67 $ 172.13 $ 144.66 $ 3,224.47 Total $ 45,099.70 $ 50,067.49 $ 3,304.78 $ 98,471.97 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 214 of 238 ANACAPRI PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT TYPE 2 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: I) 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 215 of 238 AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LOT TYPE 2 PRINCIPAL ASSESSMENT: $50,343.85 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 216 of 238 [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: SIGNATURE OF SELLER DATE: 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. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 217 of 238 [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 COLLIN § 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. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 218 of 238 [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: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF COLLIN § DATE: SIGNATURE OF SELLER 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. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 219 of 238 ANNUAL INSTALLMENTS - LOT TYPE 2 Installment Due 1/31 PrincipalAnnual Annual Collection Annual 2023 $ 1,076.67 $ 2,980.36 $ 90.93 $ 4,147.96 2024 $ 1,140.41 $ 2,916.62 $ 92.75 $ 4,149.78 2025 $ 1,207.93 $ 2,849.10 $ 94.61 $ 4,151.64 2026 $ 1,279.43 $ 2,777.60 $ 96.50 $ 4,153.53 2027 $ 1,355.18 $ 2,701.85 $ 98.43 $ 4,155.46 2028 $ 816.29 $ 2,621.63 $ 100.40 $ 3,538.32 2029 $ 864.62 $ 2,573.30 $ 102.41 $ 3,540.33 2030 $ 915.80 $ 2,522.12 $ 104.46 $ 3,542.38 2031 $ 970.02 $ 2,467.90 $ 106.54 $ 3,544.46 2032 $ 1,027.44 $ 2,410.48 $ 108.68 $ 3,546.60 2033 $ 1,088.27 $ 2,349.65 $ 110.85 $ 3,548.77 2034 $ 1,152.69 $ 2,285.23 $ 113.07 $ 3,550.99 2035 $ 1,220.93 $ 2,216.99 $ 115.33 $ 3,553.25 2036 $ 1,293.21 $ 2,144.71 $ 117.63 $ 3,555.55 2037 $ 1,369.77 $ 2,068.15 $ 119.99 $ 3,557.91 2038 $ 1,450.86 $ 1,987.06 $ 122.39 $ 3,560.31 2039 $ 1,536.75 $ 1,901.17 $ 124.83 $ 3,562.75 2040 $ 1,627.73 $ 1,810.19 $ 127.33 $ 3,565.25 2041 $ 1,724.09 $ 1,713.83 $ 129.88 $ 3,567.80 2042 $ 1,826.16 $ 1,611.76 $ 132.48 $ 3,570.39 2043 $ 1,934.27 $ 1,503.65 $ 135.12 $ 3,573.04 2044 $ 2,048.77 $ 1,389.15 $ 137.83 $ 3,575.75 2045 $ 2,170.06 $ 1,267.86 $ 140.58 $ 3,578.50 2046 $ 2,298.53 $ 1,139.39 $ 143.40 $ 3,581.31 2047 $ 2,434.60 $ 1,003.32 $ 146.26 $ 3,584.18 2048 $ 2,578.73 $ 859.19 $ 149.19 $ 3,587.11 2049 $ 2,731.39 $ 706.53 $ 152.17 $ 3,590.09 2050 $ 2,893.09 $ 544.83 $ 155.22 $ 3,593.14 2051 $ 3,064.36 $ 373.56 $ 158.32 $ 3,596.24 2052 $ 3,245.77 $ 192.15 $ 161.49 $ 3,599.41 Total $ 50,343.85 $ 55,889.29 $ 3,689.06 $ 109,922.20 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 220 of 238 ANACAPRI PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #2A — INITIAL PARCEL 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 221 of 238 AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS IMPROVEMENT AREA #2A INITIAL PARCEL PRINCIPAL ASSESSMENT: $11,025,000.00 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 222 of 238 [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: SIGNATURE OF SELLER DATE: 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. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 223 of 238 [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 COLLIN § 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. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 224 of 238 [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: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF COLLIN § DATE: SIGNATURE OF SELLER 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. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 225 of 238 ANNUAL INSTALLMENTS — IMPROVEMENT AREA #2A INITIAL PARCEL 2023 $ 235,785.10 $ 652,680.00 $ 40,000.00 $ 928,465.10 2024 $ 249,743.58 $ 638,721.52 $ 40,800.00 $ 929,265.10 2025 $ 264,528.40 $ 623,936.70 $ 41,616.00 $ 930,081.10 2026 $ 280,188.48 $ 608,276.62 $ 42,448.32 $ 930,913.42 2027 $ 296,775.64 $ 591,689.46 $ 43,297.29 $ 931,762.39 2028 $ 178,763.41 $ 574,120.35 $ 44,163.23 $ 797,046.98 2029 $ 189,346.20 $ 563,537.55 $ 45,046.50 $ 797,930.25 2030 $ 200,555.50 $ 552,328.26 $ 45,947.43 $ 798,831.18 2031 $ 212,428.38 $ 540,455.37 $ 46,866.38 $ 799,750.13 2032 $ 225,004.14 $ 527,879.61 $ 47,803.70 $ 800,687.46 2033 $ 238,324.39 $ 514,559.37 $ 48,759.78 $ 801,643.53 2034 $ 252,433.19 $ 500,450.56 $ 49,734.97 $ 802,618.73 2035 $ 267,377.23 $ 485,506.52 $ 50,729.67 $ 803,613.42 2036 $ 283,205.97 $ 469,677.79 $ 51,744.27 $ 804,628.02 2037 $ 299,971.76 $ 452,911.99 $ 52,779.15 $ 805,662.90 2038 $ 317,730.09 $ 435,153.66 $ 53,834.73 $ 806,718.49 2039 $ 336,539.71 $ 416,344.04 $ 54,911.43 $ 807,795.18 2040 $ 356,462.86 $ 396,420.89 $ 56,009.66 $ 808,893.41 2041 $ 377,565.46 $ 375,318.29 $ 57,129.85 $ 810,013.60 2042 $ 399,917.34 $ 352,966.42 $ 58,272.45 $ 811,156.20 2043 $ 423,592.44 $ 329,291.31 $ 59,437.90 $ 812,321.65 2044 $ 448,669.12 $ 304,214.64 $ 60,626.65 $ 813,510.41 2045 $ 475,230.33 $ 277,653.42 $ 61,839.19 $ 814,722.94 2046 $ 503,363.96 $ 249,519.79 $ 63,075.97 $ 815,959.72 2047 $ 533,163.11 $ 219,720.64 $ 64,337.49 $ 817,221.24 2048 $ 564,726.37 $ 188,157.39 $ 65,624.24 $ 818,507.99 2049 $ 598,158.17 $ 154,725.59 $ 66,936.72 $ 819,820.48 2050 $ 633,569.13 $ 119,314.62 $ 68,275.46 $ 821,159.21 2051 $ 671,076.42 $ 81,807.33 $ 69,640.97 $ 822,524.72 2052 $ 710,804.15 $ 42,079.61 $ 71,033.79 $ 823,917.54 Total $ 11,025,000.00 $ 12,239,419.31 $1,622,723.17 $ 24,887,142.48 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 226 of 238 ANACAPRI PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT TYPE 3 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: I) 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 227 of 238 AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LOT TYPE 3 PRINCIPAL ASSESSMENT: $44,322.64 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 228 of 238 [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: SIGNATURE OF SELLER DATE: 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. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 229 of 238 [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 COLLIN § 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. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 230 of 238 [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: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF COLLIN § DATE: SIGNATURE OF SELLER 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. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 231 of 238 ANNUAL INSTALLMENTS - LOT TYPE 3 2023 $ 947.90 $ 2,623.90 $ 160.81 $ 3,732.61 2024 $ 1,004.02 $ 2,567.78 $ 164.02 $ 3,735.83 2025 $ 1,063.46 $ 2,508.35 $ 167.30 $ 3,739.11 2026 $ 1,126.41 $ 2,445.39 $ 170.65 $ 3,742.45 2027 $ 1,193.10 $ 2,378.71 $ 174.06 $ 3,745.87 2028 $ 718.66 $ 2,308.08 $ 177.54 $ 3,204.28 2029 $ 761.21 $ 2,265.53 $ 181.10 $ 3,207.83 2030 $ 806.27 $ 2,220.47 $ 184.72 $ 3,211.46 2031 $ 854.00 $ 2,172.74 $ 188.41 $ 3,215.15 2032 $ 904.56 $ 2,122.18 $ 192.18 $ 3,218.92 2033 $ 958.11 $ 2,068.63 $ 196.02 $ 3,222.76 2034 $ 1,014.83 $ 2,011.91 $ 199.94 $ 3,226.68 2035 $ 1,074.91 $ 1,951.83 $ 203.94 $ 3,230.68 2036 $ 1,138.54 $ 1,888.20 $ 208.02 $ 3,234.76 2037 $ 1,205.94 $ 1,820.79 $ 212.18 $ 3,238.92 2038 $ 1,277.34 $ 1,749.40 $ 216.43 $ 3,243.17 2039 $ 1,352.96 $ 1,673.78 $ 220.75 $ 3,247.49 2040 $ 1,433.05 $ 1,593.69 $ 225.17 $ 3,251.91 2041 $ 1,517.89 $ 1,508.85 $ 229.67 $ 3,256.41 2042 $ 1,607.75 $ 1,418.99 $ 234.27 $ 3,261.01 2043 $ 1,702.92 $ 1,323.82 $ 238.95 $ 3,265.69 2044 $ 1,803.74 $ 1,223.00 $ 243.73 $ 3,270.47 2045 $ 1,910.52 $ 1,116.22 $ 248.61 $ 3,275.34 2046 $ 2,023.62 $ 1,003.12 $ 253.58 $ 3,280.32 2047 $ 2,143.42 $ 883.32 $ 258.65 $ 3,285.39 2048 $ 2,270.31 $ 756.43 $ 263.82 $ 3,290.56 2049 $ 2,404.71 $ 622.03 $ 269.10 $ 3,295.84 2050 $ 2,547.07 $ 479.67 $ 274.48 $ 3,301.22 2051 $ 2,697.86 $ 328.88 $ 279.97 $ 3,306.71 2052 $ 2,857.57 $ 169.17 $ 285.57 $ 3,312.31 Total $ 44,322.64 $ 49,204.85 $ 6,523.66 $ 100,051.15 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 232 of 238 ANACAPRI PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT TYPE 4 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 233 of 238 AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LOT TYPE 4 PRINCIPAL ASSESSMENT: $49,476.44 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' 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. 2022 - 2022000141224 09/19/2022 03:17 PM Page 234 of 238 [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: SIGNATURE OF SELLER DATE: 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. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 235 of 238 [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 COLLIN § 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. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 236 of 238 [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: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF COLLIN § DATE: SIGNATURE OF SELLER 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. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2022 - 2022000141224 09/19/2022 03:17 PM Page 237 of 238 ANNUAL INSTALLMENTS - LOT TYPE 4 Installment Annual Collection Annual Due 1/31 PrincipalAnnual 2023 $ 1,058.12 $ 2,929.01 $ 179.51 $ 4,166.63 2024 $ 1,120.76 $ 2,866.36 $ 183.10 $ 4,170.22 2025 $ 1,187.11 $ 2,800.02 $ 186.76 $ 4,173.89 2026 $ 1,257.39 $ 2,729.74 $ 190.49 $ 4,177.62 2027 $ 1,331.83 $ 2,655.30 $ 194.30 $ 4,181.43 2028 $ 802.23 $ 2,576.46 $ 198.19 $ 3,576.88 2029 $ 849.72 $ 2,528.96 $ 202.15 $ 3,580.84 2030 $ 900.02 $ 2,478.66 $ 206.20 $ 3,584.88 2031 $ 953.31 $ 2,425.38 $ 210.32 $ 3,589.01 2032 $ 1,009.74 $ 2,368.94 $ 214.53 $ 3,593.21 2033 $ 1,069.52 $ 2,309.17 $ 218.82 $ 3,597.50 2034 $ 1,132.83 $ 2,245.85 $ 223.19 $ 3,601.88 2035 $ 1,199.90 $ 2,178.79 $ 227.66 $ 3,606.34 2036 $ 1,270.93 $ 2,107.75 $ 232.21 $ 3,610.90 2037 $ 1,346.17 $ 2,032.51 $ 236.85 $ 3,615.54 2038 $ 1,425.86 $ 1,952.82 $ 241.59 $ 3,620.28 2039 $ 1,510.28 $ 1,868.41 $ 246.42 $ 3,625.11 2040 $ 1,599.68 $ 1,779.00 $ 251.35 $ 3,630.04 2041 $ 1,694.39 $ 1,684.30 $ 256.38 $ 3,635.06 2042 $ 1,794.69 $ 1,583.99 $ 261.51 $ 3,640.19 2043 $ 1,900.94 $ 1,477.75 $ 266.74 $ 3,645.42 2044 $ 2,013.47 $ 1,365.21 $ 272.07 $ 3,650.76 2045 $ 2,132.67 $ 1,246.01 $ 277.51 $ 3,656.20 2046 $ 2,258.93 $ 1,119.76 $ 283.06 $ 3,661.75 2047 $ 2,392.65 $ 986.03 $ 288.72 $ 3,667.41 2048 $ 2,534.30 $ 844.39 $ 294.50 $ 3,673.18 2049 $ 2,684.33 $ 694.36 $ 300.39 $ 3,679.07 2050 $ 2,843.24 $ 535.44 $ 306.40 $ 3,685.08 2051 $ 3,011.56 $ 367.12 $ 312.52 $ 3,691.21 2052 $ 3,189.85 $ 188.84 $ 318.78 $ 3,697.46 Total $ 49,476.44 $ 54,926.34 $ 7,282.23 $ 111,685.01 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment 2022-2022000141224 0911912022 3:24 PM Page 238 of 238 Collin County Honorable Stacey Kemp Collin County Clerk Instrument Number: 2022000141224 eRecording - Real Property DEED Recorded On: September 19, 2022 03:17 PM Number of Pages: 238 " Examined and Charged as Follows: " Total Recording: $970.00 *********** THIS PAGE IS PART OF THE INSTRUMENT *********** Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document Number: 2022000141224 CSC Receipt Number: 20220919000593 Recorded Date/Time: September 19, 2022 03:17 PM User: Matthew M Station: Station 10 STATE OF TEXAS COUNTY OF COIN I hereby certify that this Instrument was FILED In the File Number sequence on the date/time printed hereon, and was duly RECORDED in the Official Public Records of Collin County, Texas. Honorable Stacey Kemp Collin County Clerk a� Collin County, TX