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
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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
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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;
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(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
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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.
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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
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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.)
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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
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EXHIBIT A
Service and Assessment Plan
A-1
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AnaCapri Public Improvement
District
SERVICE AND ASSESSMENT PLAN
SEPTEMBER 13, 2022
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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
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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
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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
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SERVICE AND ASSESSMENT PLAN
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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
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SERVICE AND ASSESSMENT PLAN
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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
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SERVICE AND ASSESSMENT PLAN
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"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
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"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
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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
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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
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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.
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"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.
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"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.
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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
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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
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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
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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.
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■ 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.
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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
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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
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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
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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
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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.
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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
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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.
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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
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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.
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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
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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.
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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
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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
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extent possible, shall be rewritten to be enforceable. Every effort shall be made to enforce the
remaining provisions.
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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
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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
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Exhibit A-1— Map of the District
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Exhibit A-2 — Map of Improvement Area #1
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Exhibit A-3 — Map of Improvement Area #2
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e� w. wnr a�mfr
,yam
1 1 -11 Ll
i
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a.. ,u7
ANACAPRI PUBLIC IMPROVEMENT DISTRICT
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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
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Exhibit A-5 — Map of Improvement Area #2 — Remainder Property
•L
IMPROVEMENT
AREA #2
.�.,
REMAINDER
PROPERTY
ANACAPRI PUBLIC IMPROVEMENT DISTRICT
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SERVICE AND ASSESSMENT PLAN
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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.
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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
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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.
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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
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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
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Exhibit F — TIRZ No. 4 Maximum Annual Credit Amount
Footnotes:
(1) Per information provided by the Owner.
ANACAPRI PUBLIC IMPROVEMENT DISTRICT
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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
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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.
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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
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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
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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
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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
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ANACAPRI PUBLIC IMPROVEMENT DISTRICT
50
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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
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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
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52
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PID EXHIBIT - ANADAPFI
MASTED IMPROVEMENT
PAVING - SOUTH
in the
F.T. DAFFAU SURVEY, ABSTRACT NO. 288
CITY OF ANNA
OLUN COUNTY, TEXAS
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ANACAPRI PUBLIC IMPROVEMENT DISTRICT
53
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I
11
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- 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
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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
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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
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1�1LfL�
N B": B5 DATE:0d/03/2022 SCALE:1" — v ,r .OB. NO.MEH22D42
ANACAPRI PUBLIC IMPROVEMENT DISTRICT
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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
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-- 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
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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
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-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
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Lh -1 K=-
LIE]
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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
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MC.ADA S
DRAWN BY: SM vATE=OBf03/N22 SCA-=:I- - 5OD' JOB. N02029394476
ANACAPRI PUBLIC IMPROVEMENT DISTRICT
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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
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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
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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
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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
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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
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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
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[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
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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-
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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
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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
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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;
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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;
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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
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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
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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
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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
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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
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acres of land.
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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;
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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
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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";
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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;
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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_
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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";
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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 _
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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";
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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
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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
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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";
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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";
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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;
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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 _
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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
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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";
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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";
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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";
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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";
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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;
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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_
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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 _
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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";
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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";
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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.
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Appendix A — Engineer's Report
[Remainder of page left intentionally blank.]
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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
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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.
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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
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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"
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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
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EXHIBIT "A"
OVJ RA I PHASING PXHIRI I
ANACAPRI PUBLIC IMPROVEMENT DISTRICT 111
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ANACAPRI PUBLIC IMPROVEMENT DISTRICT 112
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EXHIBIT "B"
P I D ALJ I HORIIFD F.S I IMA IF OF PROHAHI F C:{).S I
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COLLIN CQUNTY, TEXAS
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ANACAPRI PUBLIC IMPROVEMENT DISTRICT 158
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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
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PID EXHIBIT - ANA APRI
FASTER IMPROVEMENTS
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F.T. DAFFAU SURVEY, ABSTRACT NO. 288
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11
PID EXHIBIT - ANA APRI
PHASE II - DIRECT COSTS
PAVING - NORTH
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DAFFAU SURVEY, ABSTRACT NO- 288
CITY OF ANNA
COLLIN CQUNTY, TEXAS
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PID EXHIBIT - ANA APRI
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EXHIBIT f' "
PHASE 1 & II IANI1.SCAPF HAS II-H IMIIH(IVFMFN IE
73
ANACAPRI PUBLIC IMPROVEMENT DISTRICT
163
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- 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
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PID EXHIBIT - ANADAPRI
FASTER IMPROVEMENTS
LANDSCAPE - MIDDLE
in t �,e
F.T. DAFFAU SURVEY, ABSTRACT NO- 288
CITY OF ANNA
COLLIN CQUNTY, TEXAS
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SERVICE AND ASSESSMENT PLAN
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PID EXHIBIT - ANACAPRI
MASTER IMPROVEMENTS
LANDSCAPE -SOUTH
in tle
F.T. DAFFAIJ SURVEY, ABSTRACT NO. 288
CITY OF ANNA
COLLIN CQUNTY, TEXAS
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ANACAPRI PUBLIC IMPROVEMENT DISTRICT 166
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EXHIBIT f'H"
I'HASF IA FIF11) N{]I FSANI) PXHIHII
ANACAPRI PUBLIC IMPROVEMENT DISTRICT
167
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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;
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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
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EXHIBIT `I"
111AANF M HFIU NUIFSANI)FXHIBII
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170
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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";
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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;
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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
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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]";
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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
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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";
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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
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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
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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';
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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";
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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;
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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
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EXHIBIT" "
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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
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EXHIBIT "M"
I'HA:'F tV FIFI I] N(]I FSANI} F}{HlHI I
ANACAPRI PUBLIC IMPROVEMENT DISTRICT
187 SERVICE AND ASSESSMENT PLAN
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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
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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
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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
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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
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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
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[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
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[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
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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