HomeMy WebLinkAboutOrd 1025-2022 Accepting & Approving a Service and Assessment Plan & Assessment Roll for Area #2 Hurricane Creek PID RECORDED2022 - 2022000178813 12/20/2022 12:54 PM Page 1 of 167
CITY OF ANNA
ORDINANCE NO. 1025-2022
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS
ACCEPTING AND APPROVING A SERVICE AND ASSESSMENT PLAN
AND ASSESSMENT ROLL FOR IMPROVEMENT AREA #2 OF THE
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT; MAKING A
FINDING OF SPECIAL BENEFIT TO THE PROPERTY IN IMPROVEMENT
AREA #2 OF THE DISTRICT; LEVYING SPECIAL ASSESSMENTS
AGAINST PROPERTY WITHIN IMPROVEMENT AREA #2 OF THE
DISTRICT AND ESTABLISHING A LIEN ON SUCH PROPERTY;
PROVIDING FOR THE METHOD OF ASSESSMENT AND THE PAYMENT
OF THE ASSESSMENTS IN ACCORDANCE WITH CHAPTER 372, TEXAS
LOCAL GOVERNMENT CODE, AS AMENDED, PROVIDING PENALTIES
AND INTEREST ON DELINQUENT ASSESSMENTS, PROVIDING FOR
SEVERABILITY, AND PROVIDING AN EFFECTIVE DATE..
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 ("ETY ); and
WHEREAS, the City has previously created the Hurricane Creek Public Improvement
District (the "District") within the City in accordance with the PID Act; and
WHEREAS, on November 8, 2022, the City Council adopted a resolution determining
total costs of certain authorized public improvements within Improvement Area #2 of the District,
approving a preliminary service and assessment plan, including proposed assessment roll, and
directing the publication and mailing of notice of a public hearing (the "Assessment Hearing") to
consider an ordinance levying assessments on property within Improvement Area #2 of the District
(the "Assessments"); and
WHEREAS, the City Secretary filed the proposed Assessment Roll (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 November 15, 2022 in the Herald -Democrat, a newspaper of
general circulation in the City and ETJ of the City; and
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WHEREAS, the City Council opened and convened the Assessment Hearing on December
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 Roll, 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 Assessed Property within Improvement Area #2 of the District (the
"Improvement Area #2 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 Improvement Area #2 of the District (the "Landowners") had actual knowledge of the
Assessment Hearing to be held on December 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 Improvement Area #2 Improvements for benefit of the property within Improvement
Area #2 of the District; and
WHEREAS, the City Council finds and determines that the Assessment Roll and the
Hurricane Creek Public Improvement District 2022 Amended and Restated Service and
Assessment Plan, dated December 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 Assessment Roll attached thereto as Exhibit I-1 (the "Assessment
Roll"); and
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 Roll, 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 Improvement Area #2 of 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:
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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 #2 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;
(d) The Service and Assessment Plan covers a period of at least five years and
defines the annual indebtedness and projected costs for the Improvement Area #2
Improvements;
(e) The Service and Assessment Plan apportions the Actual Cost(s) of the
Improvement Area #2 Improvements to be assessed against certain property in
Improvement Area #2 of the District and such apportionment is made on the basis of special
benefits accruing to the property because of the Improvement Area #2 Improvements;
(f) All of the Improvement Area #2 Assessed Property being assessed in the
amounts shown on the Assessment Roll will be benefited by the Improvement Area #2
Improvements proposed to be constructed as described in the Service and Assessment Plan,
and each assessed Parcel of Improvement Area #2 Assessed Property will receive special
benefits equal to or greater than the total amount assessed for the Improvement Area #2
Improvements;
(g) The method of apportionment of the Actual Costs of the Improvement Area
#2 Improvements and Annual Collection Costs set forth in the Service and Assessment
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Plan results in imposing equal shares of the Actual Costs of the Improvement Area #2
Improvements and Annual Collection Costs on property similarly benefited, and results in
a reasonable classification and formula for the apportionment of the Actual Costs;
(h) 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;
(i) The Assessment Roll should be approved as the assessment roll for
Improvement Area #2 of the District;
0) 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 Improvement Area #2 within the
District; and
(k) 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
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 Roll.
The Assessment Roll is hereby accepted and approved pursuant to Section 372.016 of the
PID Act as the Assessment Roll for Improvement Area #2 of the District for all purposes.
Section 5. Levy and Payment of Assessments for Costs of the Improvement Area
#2 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
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in the Service and Assessment Plan and the Assessment Roll, in the respective amounts
shown in the Service and Assessment Plan as a special assessment as set forth in the
Assessment Roll.
(b) The levy of the Assessments shall be effective on the date of execution of
this Ordinance levying Assessments and shall be collected and enforced 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.
Section 6. Method of Assessment.
The method of apportioning the Actual Costs of the Improvement Area #2 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
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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, on or before December 20, 2022. 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
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 13t1' DAY OF DECEMBER, 2022.
ATTEST: /;;
Nate Pike, Mayor
"I, &'2a-d'
Carrie L. Land, City Secretary
STATE OF TEXAS §
COUNTY OF COLLIN §
This instrument was acknowledged before me on the � day ofDeuiuvc-c.
2022 by Nate Pike, the Mayor, and Carrie L. Land, the City Secretary, of the City of Anna, Texas
on behalf of said City.
JEOVANNA R1i610 4
Notary Public, State of Texa:
Comm. Expires 10-03-2026
Notary ID 133995676
otary Public, State of Texas
S-1
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EXHIBIT A
Service and Assessment Plan
A-1
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Hurricane Creek
Public Improvement District
2022 AMENDED & RESTATED SERVICE AND ASSESSMENT PLAN
DECEMBER 13, 2022
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TABLE OF CONTENTS
Tableof Contents..........................................................................................................................1
Introduction..................................................................................................................................3
SectionI: Definitions.....................................................................................................................5
Section11: The District.................................................................................................................14
Section III: Authorized Improvements.........................................................................................14
SectionIV: Service Plan...............................................................................................................17
Section V: Assessment Plan.........................................................................................................18
Section VI: Terms of the Assessments.........................................................................................
24
Section VII: Assessment Roll.......................................................................................................30
Section VIII: Additional Provisions...............................................................................................30
Exhibits........................................................................................................................................
33
Appendices.................................................................................................................................33
Exhibit A-1— Map of District.......................................................................................................34
Exhibit A-2 — Map of Improvement Area#1................................................................................35
Exhibit A-3 — Map of Major Improvement Area..........................................................................36
Exhibit A-4 — Map of Improvement Area#2................................................................................37
ExhibitB — Project Costs..............................................................................................................38
ExhibitC — Service Plan...............................................................................................................39
Exhibit D — Sources and Uses of Funds........................................................................................40
Exhibit E — Maximum Assessment and Tax Rate Equivalent........................................................41
Exhibit F —TIRZ No. 2 Maximum Annual Credit Amount.............................................................42
Exhibit G-1— Improvement Area #1 Assessment Roll.................................................................43
Exhibit G-2 — Improvement Area #1 Annual Installments...........................................................49
Exhibit H-1— Major Improvement Area Assessment Roll............................................................50
Exhibit H-2 — Major Improvement Area Annual Installments......................................................51
Exhibit 1-1— Improvement Area #2 Assessment Roll...................................................................52
Exhibit 1-2 — Improvement Area #2 Annual Installments.............................................................53
Exhibit J-1— Maps of Improvement Area #1 Improvements.......................................................54
Exhibit J-2 — Maps of Major Improvements................................................................................58
Exhibit J-3 — Maps of Improvement Area #2 Improvements.......................................................63
Exhibit K — Form of Notice of PID Assessment Termination........................................................67
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 1
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Exhibit L-1— Debt Service Schedule for Improvement Area #1 Bonds........................................70
Exhibit L-2 — Debt Service Schedule for Major Improvement Area Bonds...................................71
Exhibit L-3 — Debt Service Schedule for Improvement Area #2 Bonds........................................72
Exhibit M-1— District Boundary Description...............................................................................74
Exhibit M-2 — Improvement Area #1 Boundary Description........................................................75
Exhibit M-3 — Major Improvement Area Boundary Description..................................................78
Exhibit M-4 — Improvement Area #2 Boundary Description........................................................82
Appendix A— Improvement Area #2 Engineer's Report..............................................................89
Appendix B — Buyer Disclosures..................................................................................................96
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 1................................97
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 2..............................103
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 2821998 ..................109
Hurricane Creek Public Improvement District— Major Improvement Area (Less Improvement Area
#2) Buyer Disclosure.................................................................................................................115
Hurricane Creek Public Improvement District — Improvement Area #2 Initial Parcel Buyer
Disclosure..................................................................................................................................121
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 3
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 4
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 5
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 6
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 7
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
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INTRODUCTION
Capitalized terms used in this 2022 Amended and Restated Service and Assessment Plan shall
have the meanings given to them in Section I unless otherwise defined in this 2022 Amended and
Restated Service and Assessment Plan or unless the context in which a term is used clearly
requires a different meaning. Unless otherwise defined, a reference to a "Section", "Exhibit" or
an "Appendix" shall be a reference to a Section of this 2022 Amended and Restated Service and
Assessment Plan or an Exhibit or Appendix attached to and made a part of this 2022 Amended
and Restated Service and Assessment Plan for all purposes.
On November 13, 2018, the City passed and approved Resolution No. 2018-11-506 authorizing
the establishment of the District in accordance with the PID Act, which authorization was
effective upon publication as required by the PI Act. The purpose of the District is to finance the
Actual Costs of Authorized Improvements that confer a special benefit on approximately 368.2
acres located within the City, as described by metes and bounds on Exhibit M-1 and depicted on
Exhibit A-1.
On March 12, 2019, the City Council approved the 2019 Service and Assessment Plan for the
District by adopting the 2019 Assessment Ordinance, which approved the levy of Assessments
on Assessed Property within Improvement Area #1 and the Major Improvement Area of the
District and approved the Improvement Area #1 Assessment Roll and the Major Improvement
Area Assessment Roll.
On July 28, 2020, the City Council adopted Resolution No. 2020-07-763 approving the 2020
Annual Service Plan Update for the District. The 2020 Annual Service Plan Update updated the
Assessment Rolls for 2020.
On July 27, 2021, the City Council approved Ordinance No. 929-2021 approving the 2021 Annual
Service Plan Update for the District. The 2021 Annual Service Plan Update updated the
Assessment Rolls for 2021.
On July 26, 2022, the City Council approved Ordinance No. 985-2022 approving the 2022 Annual
Service Plan Update for the District. The 2022 Annual Service Plan Update updated Assessment
Rolls for 2022.
On December 13, 2022, the City Council approved Ordinance No. 1025-2022 approving this 2022
Amended and Restated Service and Assessment Plan for the District by adopting the 2022
Assessment Ordinance, which serves to amend and restate the 2019 Service and Assessment
Plan, including all previously approved Annual Service Plan Updates (including the 2020 Annual
Service Plan Update, 2021 Annual Service Plan Update, and 2022 Annual Service Plan Update), in
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its entirety for the purposes of (1) identifying the Improvement Area #2 Improvements, (2)
levying the Improvement Area #2 Assessment, (3) incorporating provisions relating to the City's
issuance of the Improvement Area #2 Bonds and (3) updating the Assessment Rolls.
On December 13, 2022, the City Council adopted Ordinance No. 1026-2022, which approved the
issuance of the Improvement Area #2 Bonds.
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 S.014 of the Texas Property Code, as amended. The Service Plan
is contained in Section IV.
The PID Act requires that the Service Plan include an assessment plan that assesses the Actual
Costs of the Authorized Improvements against Assessed Property within the District based on the
special benefits conferred on such property by the Authorized 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. The Assessment against each Assessed Property
must be sufficient to pay the share of the Actual Costs apportioned to the Assessed Property and
cannot exceed the special benefit conferred on the Assessed Property by the Authorized
Improvements. The updated Improvement Area #1 Assessment Roll is contained in Exhibit G-1.
The updated Major Improvement Area Assessment Roll is contained in Exhibit H-1. The
Improvement Area #2 Assessment Roll is contained in Exhibit 1-1.
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SECTION I: DEFINITIONS
"2019 Assessment Ordinance" means Ordinance No. 807-2019, approved and adopted by the
City Council on March 12, 2019, which levied the Improvement Area #1 Assessment against
Improvement Area #1, and the Major Improvement Area Assessment against the Major
Improvement Area.
"2019 Service and Assessment Plan" means the Hurricane Creek Public Improvement District
Service and Assessment Plan approved by City Council on March 12, 2019 by the 2019
Assessment Ordinance, as updated annually, and which is to be replaced in its entirety by this
2022 Amended and Restated Service and Assessment Plan.
"2020 Annual Service Plan Update" means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 28, 2020.
"2021 Annual Service Plan Update" means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 27, 2021.
"2022 Amended and Restated Service and Assessment Plan" means this 2022 Amended and
Restated Service and Assessment Plan which serves to amend and restate the 2019 Service and
Assessment Plan (as updated by the 2020 Annual Service Plan Update, 2021 Service Plan Update
and 2022 Annual Service Plan Update), as it may be modified and updated from time to time.
"2022 Annual Service Plan Update" means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 26, 2022.
"2022 Assessment Ordinance" means Ordinance No. 1025-2022 approved and adopted by the
City Council on December 13, 2022, which levied the Improvement Area #2 Assessment against
Improvement Area #2.
"Actual Costs" mean with respect to Authorized Improvements, the Developer's demonstrated,
reasonable, allocable, and allowable costs of constructing such Authorized Improvements, as
specified in a payment request in a form that has been reviewed and approved by the City. Actual
Costs may include: (1) the costs incurred by or on behalf of the Developer (either directly or
through affiliates) for the design, planning, financing, administration/management, acquisition,
installation, construction and/or implementation of such Authorized Improvements; (2) the fees
paid for obtaining permits, licenses, or other governmental approvals for such Authorized
Improvements; (3) construction management fees equal to 4% of costs; (4) the costs incurred by
or on behalf of the Developer for external professional costs, such as engineering, geotechnical,
surveying, land planning, architectural landscapers, appraisals, legal, accounting, and similar
professional services; (5) all labor, bonds, and materials, including equipment and fixtures, by
contractors, builders, and materialmen in connection with the acquisition, construction, or
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implementation of the Authorized Improvements; (6) all related permitting and public approval
expenses, architectural, engineering, and consulting fees, taxes, and governmental fees and
charges.
"Additional Interest" means the amount collected by application of the Additional Interest Rate.
"Additional Interest Rate" means the 0.50% Additional Interest charged on Assessments
pursuant to Section 372.018 of the PID Act.
"Administrator" means the City, or independent firm designated by the City who shall have the
responsibilities provided in this 2022 Amended and Restated Service and Assessment Plan, any
Indenture, or any other agreement or document approved by the City related to the duties and
responsibilities of the administration of the District. The initial Administrator is P3Works, LLC.
"Annual Collection Costs" mean the actual or budgeted costs and expenses related to the
creation and operation of the District, the issuance and sale of PID Bonds, and the construction,
operation, and maintenance of the Authorized Improvements, including, but not limited to, costs
and expenses for: (1) the Administrator and City staff; (2) legal counsel, engineers, accountants,
financial advisors, and other consultants engaged by the City; (3) calculating, collecting, and
maintaining records with respect to Assessments and Annual Installments, including the costs of
foreclosure; (4) preparing and maintaining records with respect to Assessment Rolls and Annual
Service Plan Updates; (5) issuing, paying, and redeeming PID Bonds; (6) investing or depositing
Assessments and Annual Installments; (7) complying with this 2022 Amended and Restated
Service and Assessment Plan and the PID Act with respect to the issuance and sale of PID Bonds,
including continuing disclosure requirements; and (8) the paying agent/registrar and Trustee in
connection with PID Bonds, including their respective legal counsel. Annual Collection Costs
collected but not expended in any year shall be carried forward and applied to reduce Annual
Collection Costs for subsequent years.
"Annual Installment" means the annual installment payment on the Assessment as calculated
by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest;
(3) Annual Collection Costs; and (4) Additional Interest, as applicable.
"Annual Service Plan Update" means an update to this 2022 Amended and Restated Service and
Assessment Plan prepared no less frequently than annually by the Administrator and approved
by the City Council.
"Assessed Property" means any Parcel within the District against which an Assessment is levied.
"Assessment" means an assessment (including interest thereon) levied against a Parcel within
the District and imposed pursuant to an Assessment Ordinance and the provisions herein, as
shown on an Assessment Roll, subject to reallocation upon the subdivision of such Parcel or
reduction according to the provisions herein and in the PID Act.
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"Assessment Ordinance" means an ordinance adopted by the City Council in accordance with
the PID Act that levies an Assessment on the Assessed Property, as shown on any Assessment
Roll.
"Assessment Plan" means the methodology employed to assess the Actual Costs of the
Authorized Improvements against the District based on the special benefits conferred on the
District by the Authorized Improvements, more specifically described in Section V.
"Assessment Roll" means any assessment roll for the Assessed Property, including the
Improvement Area #1 Assessment Roll, Major Improvement Area Assessment Roll, and
Improvement Area #2 Assessment Roll as updated, modified or amended from time to time in
accordance with the procedures set forth herein and in the PID Act, including updates prepared
in connection with the issuance of PID Bonds, or in any Annual Service Plan Update.
"Authorized Improvements" means the improvements authorized by Section 372.003 of the PID
Act, as described in Section III, as further depicted on Exhibit J-1, Exhibit J-2, and Exhibit J-3.
"Bond Issuance Costs" means the costs associated with issuing PID Bonds, including but not
limited to attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs,
publication costs, City costs, capitalized interest, reserve fund requirements, underwriter
discount, fees charged by the Texas Attorney General, and any other cost or expense directly
associated with the issuance 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 of the lien on Assessed
Property and the costs of collection of delinquent Assessments, delinquent Annual Installments,
or any other delinquent amounts due under this 2022 Amended and Restated Service and
Assessment Plan including penalties and reasonable attorney's fees to the extent permitted by
law, but excluding amounts representing interest and penalty interest.
"Developer" means CADG Hurricane Creek, LLC, a Texas limited liability company, and any
successor developer of property in the District or any portion thereof.
"District" means the Hurricane Creek Public Improvement District containing approximately
368.2 acres located within the City, as generally depicted on Exhibit A-1, and described on Exhibit
M-1.
"District Formation Expenses" means costs related to the formation of the District and the levy
of Assessments including attorney fees, financial consultant fees, and other fees.
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"Estimated Buildout Value" means the estimated value of an Assessed Property with fully
constructed buildings, as provided by the Developer, and confirmed by the City Council, by
considering such factors as density, lot size, proximity to amenities, view premiums, location,
market conditions, historical sales, builder contracts, discussions with homebuilders, reports
from third party consultants, or any other factors that, in the judgment of the City, may impact
value. The Estimated Buildout Value for each Lot Type is shown on Exhibit E.
"Improvement Area #1" means the initial area developed within the District as generally
depicted on Exhibit A-2, and described on Exhibit M-2, consisting of approximately 92.186 acres.
"Improvement Area #1 Annual Installment" means the Annual Installment of the Improvement
Area #1 Assessment as calculated by the Administrator and approved by the City Council, that
includes: (1) principal; (2) interest; (3) Annual Collection Costs related to Improvement Area #1;
and (4) Additional Interest related to the Improvement Area #1 Bonds, as shown on Exhibit G-2.
"Improvement Area #1 Assessed Property" means any Parcel within Improvement Area #1
against which an Improvement Area #1 Assessment is levied.
"Improvement Area #1 Assessment" means the Assessment levied against Improvement Area
#1 Assessed Property, related to the Improvement Area #1 Projects, and imposed pursuant to
the 2019 Assessment Ordinance and the provisions herein, as shown on the Improvement Area
#1 Assessment Roll, subject to reallocation or reduction according to the provisions herein and
in the PID Act.
"Improvement Area #1 Assessment Roll" means the Assessment Roll for the Improvement Area
#1 Assessed Property as updated, modified, or amended from time to time in accordance with
the procedures set forth herein and in the PID Act, including any Annual Service Plan Updates.
The Improvement Area #1 Assessment Roll is included in this 2022 Amended and Restated
Service and Assessment Plan as Exhibit G-1.
"Improvement Area #1 Bonds" means those certain "City of Anna, Texas Special Assessment
Revenue Bonds, Series 2019 (Hurricane Creek Public Improvement District Improvement Area #1
Project)" that are secured by Improvement Area #1 Assessments.
"Improvement Area #1 Improvements" means the Authorized Improvements which only benefit
the Improvement Area #1 Assessed Property, as further described in Section III.A and depicted
on Exhibit J-1.
"Improvement Area #1 Projects" means, collectively, (1) the pro rata portion of the Major
Improvements allocable to Improvement Area #1; (2) the Improvement Area #1 Improvements;
and (3) Bond Issuance Costs incurred in connection with the issuance of Improvement Area #1
Bonds.
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"Improvement Area #2" means the second area to be developed within the District as generally
depicted on Exhibit A-4, and described on Exhibit M-4, consisting of approximately 69.1 acres.
"Improvement Area #2 Annual Installment" means the Annual Installment of the Improvement
Area #2 Assessment as calculated by the Administrator and approved by the City Council, that
includes: (1) principal; (2) interest; (3) Annual Collection Costs related to Improvement Area #2;
and (4) Additional Interest related to the Improvement Area #2 Bonds, as shown on Exhibit 1-2.
"Improvement Area #2 Assessed Property" means any Parcel within Improvement Area #2
against which an Improvement Area #2 Assessment is levied.
"Improvement Area #2 Assessment" means the Assessment levied against Improvement Area
#2 Assessed Property and imposed pursuant to the 2022 Assessment Ordinance and the
provisions herein, as shown on the Improvement Area #2 Assessment Roll, subject to reallocation
or reduction according to the provisions herein and in the PID Act.
"Improvement Area #2 Assessment Roll" means the Assessment Roll for the Improvement Area
#2 Assessed Property, as updated, modified, or amended from time to time in accordance with
the procedures set forth herein and in the PID Act, including any Annual Service Plan Updates.
The Improvement Area #2 Assessment Roll is included in this 2022 Amended and Restated
Service and Assessment Plan as Exhibit 1-1.
"Improvement Area #2 Bonds" means those certain "City of Anna, Texas, Special Assessment
Revenue Bonds, Series 2022 (Hurricane Creek Public Improvement District Improvement Area #2
Projects)", that are secured by Improvement Area #2 Assessments.
"Improvement Area #2 Improvements" means the Authorized Improvements which only benefit
the Improvement Area #2 Assessed Property as further described in Section III.0 and depicted
on Exhibit J-3.
"Improvement Area #2 Initial Parcel" means the all property located within Improvement Area
#2, which is described on Exhibit M-4, and generally depicted on Exhibit A-4, against which the
entire Improvement Area #2 Assessment is levied as shown on the Improvement Area #2
Assessment Roll attached hereto as Exhibit 1-1.
"Improvement Area #2 Projects" means collectively, (1) the Improvement Area #2
Improvements; and (2) Bond Issuance Costs incurred in connection with the issuance of
Improvement Area #2 Bonds.
"Indenture" means an Indenture of Trust entered into in connection with the issuance of each
series of PID Bonds, as amended from time to time, between the City and a Bond Trustee setting
forth terms and conditions related to a series of PID Bonds.
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"Lot" means (1) for any portion of the District for which a final subdivision plat has been recorded
in the Plat or Official Public Records of the County, a tract of land described by "lot" in such
subdivision plat; and (2) for any portion of the District for which a subdivision plat has not been
recorded in the Plat or Official Public Records of the County, a tract of land anticipated to be
described as a "lot" in a final recorded subdivision plat as shown on a concept plan or a
preliminary plat. A "Lot" shall not include real property owned by a government entity, even if
such property is designated as a separate described tract or lot on a recorded Subdivision Plat.
"Lot Type" means a classification of final building Lots with similar characteristics (e.g., lot size,
home product, Estimated Buildout Value, etc.), as determined by the Administrator and
confirmed by the City Council. In the case of single-family residential Lots, the Lot Type shall be
further defined by classifying the residential Lots by the Estimated Buildout Value of the Lot as
provided by the Developer, and confirmed by the City Council, as shown on Exhibit E.
"Lot Type 1" means a Lot within Improvement Area #1 marketed to homebuilders as a 70' Lot
and identified as such on the Improvement Area #1 Assessment Roll attached as Exhibit G-1.
"Lot Type 2" means a Lot within Improvement Area #1 marketed to homebuilders as a 80' Lot
and identified as such on the Improvement Area #1 Assessment Roll attached as Exhibit G-1.
"Lot Type 3" means a Lot within Improvement Area #2 marketed to homebuilders as a 40' Lot,
with an Estimated Buildout Value of $375,000 as of the date of adoption of this 2022 Amended
and Restated Service and Assessment Plan.
"Lot Type 4" means a Lot within Improvement Area #2 marketed to homebuilders as a 50' Lot,
with an Estimated Buildout Value of $425,000 as of the date of adoption of this 2022 Amended
and Restated Service and Assessment Plan.
"Lot Type 5" means a Lot within Improvement Area #2 marketed to homebuilders as a 70' Lot,
with an Estimated Buildout Value of $550,000 as of the date of adoption of this 2022 Amended
and Restated Service and Assessment Plan.
"Lot Type 6" means a Lot within Improvement Area #2 marketed to homebuilders as an 80' Lot,
with an Estimated Buildout Value of $600,000 as of the date of adoption of this 2022 Amended
and Restated Service and Assessment Plan.
"Lot Type 7" means a Lot within Improvement Area #2 marketed to homebuilders as a 90' Lot,
with an Estimated Buildout Value of $650,000 as of the date of adoption of this 2022 Amended
and Restated Service and Assessment Plan.
"Major Improvement Area" means approximately 276.014 acres located within the District, as
described on Exhibit M-3 and generally depicted on Exhibit A-3. The Major Improvement Area
includes all of the District save and except Improvement Area #1.
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"Major Improvement Area Annual Installment" means the Annual Installment of the Major
Improvement Area Assessment as calculated by the Administrator and approved by the City
Council that includes: (1) principal; (2) interest; (3) Annual Collection Costs related to the Major
Improvement Area; and (4) Additional Interest related to the Major Improvement Area Bonds, as
shown on Exhibit H-2.
"Major Improvement Area Assessed Property" means any Parcel within the Major Improvement
Area against which a Major Improvement Area Assessment is levied.
"Major Improvement Area Assessment" means the Assessment levied against the Major
Improvement Area Assessed Property and related to Major Improvement Area Projects and
imposed pursuant to the 2019 Assessment Ordinance and the provisions herein, as shown on the
Major Improvement Area Assessment Roll, subject to reallocation or reduction according to the
provision herein and in the PID Act.
"Major Improvement Area Assessment Roll" means the Assessment Roll for the Major
Improvement Area Assessed Property within the District, as updated, modified, or amended from
time to time in accordance with the procedures set forth herein and in the PID Act, including any
Annual Service Plan Updates. The Major Improvement Area Assessment Roll is included in this
2022 Amended and Restated Service and Assessment Plan as Exhibit H-1.
"Major Improvement Area Projects" means collectively, (1) the Major Improvement Area
Projects; and (2) Bond Issuance Costs incurred in connection with the issuance of the Major
Improvement Area Bonds.
"Major Improvement Area Bonds" means those certain "City of Anna, Texas Special Assessment
Revenue Bonds, Series 2019 (Hurricane Creek Public Improvement District Major Improvement
Area Project)" that are secured by actual revenues received by or on behalf of the City from the
collection of the Major Improvement Area Assessment, or the Annual Installments thereof.
"Major Improvement Area Initial Parcel" means the all property located within the Major
Improvement Area, which is described on Exhibit M-3, and depicted on Exhibit A-3, against which
the entire Major Improvement Area Assessment is levied as shown on Major Improvement Area
Assessment Roll attached hereto as Exhibit H-1.
"Major Improvement Area Projects" means the pro rata portion of the Major Improvements
allocable to the Major Improvement Area.
"Major Improvements" means those Authorized Improvements that confer special benefit to all
the Assessed Property within the District, and as further described in Section 111.13 and depicted
on Exhibit J-2.
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"Maximum Assessment" means, for each Lot Type, an Assessment equal to the lesser of (1) the
amount calculated pursuant to Section VI.A, or (2) the amount shown on Exhibit E.
"Non -Benefited Property" means Parcels within the boundaries of the District that accrue no
special benefit from the Authorized Improvements as determined by the City Council.
"Parcel" or "Parcel(s)" means a specific property within the District identified by either a tax map
parcel identification number assigned by the Collin Central Appraisal District for real property tax
purposes, by legal description, or by lot and block number in a final subdivision plat recorded in
the Official Public Records of the County, or by any other means determined by the City.
"PID Act" means Chapter 372, Texas Local Government Code, as amended.
"PID Bonds" means any bonds issued by the City in one or more series and secured in whole or
in part by Assessments. This term is used in this 2022 Amended and Restated Service and
Assessment Plan to collectively refer to: (1) the Improvement Area #1 Bonds, (2) the Major
Improvement Area Bonds, and (3) the Improvement Area #2 Bonds, including any bonds issued
to refund these bonds.
"Prepayment" means the payment of all or a portion of an Assessment before the due date of
the final Annual Installment thereof. Amounts received at the time of a Prepayment which
represent a payment of principal, interest, or penalties on a delinquent installment of an
Assessment are not to be considered a Prepayment, but rather are to be treated as the payment
of the regularly scheduled Annual Installment.
"Prepayment Costs" means interest, including Additional Interest and Annual Collection Costs,
to the date of Prepayment.
"Service Plan" means the plan described in Section IV and covers a period of at least five years
and defines the annual indebtedness and projected costs of the Authorized Improvements.
"TIRZ No. 2" means Tax Increment Reinvestment Zone No. 2, City of Anna, Texas created by the
City pursuant to TIRZ Creation Ordinance No. 804-2019 on March 12, 2019.
"TIRZ No. 2 Annual Credit Amount" is defined in Section V.B, which amount shall not annually
exceed the TIRZ No. 2 Maximum Annual Credit Amount, and which shall be transferred from the
TIRZ No. 2 Fund to the applicable pledged revenue fund.
"TIRZ No. 2 Fund" means the tax increment fund created pursuant to the TIRZ No. 2 Ordinance
where TIRZ No. 2 Revenues are deposited annually.
"TIRZ No. 2 Maximum Annual Credit Amount" means for each Lot Type in Improvement Area
#1, the amount shown on Exhibit F.
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"TIRZ No. 2 Creation Ordinance" means Ordinance No. 804-2019 adopted by the City Council on
March 12, 2019, approving the TIRZ No. 2 Project Plan and authorizing the use of TIRZ No. 2
Revenues for project costs under the Chapter 311, Texas Tax Code as amended.
"TIRZ No. 2 Project Plan" means the Tax Reinvestment Zone Number Two, City of Anna, Texas,
Project and Finance Plan, dated March 26, 2019.
"TIRZ No. 2 Revenues" mean, for each year during the term of TIRZ No. 2, the amounts which
are deposited in the TIRZ No. 2 Fund pursuant to the TIRZ No. 2 Ordinance, and the TIRZ No. 2
Project Plan.
"Trustee" means a trustee or successor trustee under an Indenture.
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SECTION II: THE DISTRICT
The District includes approximately 368.200 contiguous acres located within the City, as more
particularly described on Exhibit M-1, and depicted on Exhibit A-1. Development of the District
is anticipated to include approximately 898 single-family homes.
Improvement Area #1 includes approximately 92.186 contiguous acres located within the City,
described on Exhibit M-2, and depicted on Exhibit A-2. Development of Improvement Area #1
includes 220 single-family homes.
The Major Improvement Area comprises future development phases for the District, none of
which is within Improvement Area #1. The Major Improvement Area includes approximately
206.914 contiguous acres located within the City, as described on Exhibit M-3, and depicted on
Exhibit A-3. Development of the Major Improvement Area is anticipated to include
approximately 678 single-family homes. Improvement Area #2 is wholly within the Major
Improvement Area. In addition to Improvement Area #2, the Major Improvement Area includes
approximately 137.814 acres that are expected to be developed as future improvement areas.
Improvement Area #2 is located wholly within the Major Improvement Area, and includes
approximately 69.1 acres as described on Exhibit M-4, and depicted on Exhibit A-4. Development
of Improvement Area #2 is anticipated to contain 340 single-family homes.
SECTION III: AUTHORIZED IMPROVEMENTS
The City Council, based on information provided by the Developer and its engineer and reviewed
by the City staff and by third -party consultants retained by the City, has determined that the costs
described below are costs of Authorized Improvements, as defined by the PID Act, that confer a
special benefit on the Assessed Property. The budget for the Authorized Improvements is shown
on Exhibit B.
A. Improvement Area #1 Improvements
All Improvement Area #1 Improvements will be designed and constructed in accordance with
City standards and specifications and will be owned and operated by the City.
■ Street Improvements
Improvements including subgrade stabilization (including lime treatment and
compaction), concrete and reinforcing steel for roadways, testing, handicapped ramps,
and street lights. All related earthwork, excavation, erosion control, retaining walls,
intersections, signage, lighting and re -vegetation of all disturbed areas within the right -
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of -way are included. The street improvements will provide street access to each Lot
within Improvement Area #1.
■ Water Improvements
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, testing, related earthwork, excavation, and erosion
control all necessary appurtenances required to provide water service to each Lot within
Improvement Area #1.
■ Sanitary Sewer Improvements
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, testing, related earthwork, excavation, and erosion
control all necessary appurtenances required to provide wastewater service to each Lot
within Improvement Area #1.
■ Storm Drainage Improvements
Improvements including earthen channels, swales, curb and drop inlets, RCP piping and
boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls, and testing as well as
all related earthwork, excavation, and erosion control necessary to provide storm
drainage for each Lot in Improvement Area #1.
B. Major Improvements
All Major Improvements will be designed and constructed in accordance with City standards and
specifications and will be owned and operated by the City.
■ Street Improvements
Improvements include construction of perimeter road and thoroughfare improvements,
including related paving, drainage, curbs, gutters, sidewalks, retaining walls, signage, and
traffic control devices.
■ Water Distribution System Improvements
Improvements consist of construction and installation of water lines, mains, pipes, valves
and appurtenances necessary for the water distribution system, as well as related testing,
trench safety and erosion protection, necessary to service the District.
■ Sanitary Sewer Improvements
Improvements consist of construction and installation of pipes, service lines, manholes,
encasements and appurtenances necessary to provide sanitary sewer service to the
District.
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■ Storm Drainage Improvements
Improvements consist of reinforced concrete pipes, reinforced concrete boxes, and multi -
reinforced box culverts.
C. Improvement Area #2 Improvements
All Improvement Area #2 Improvements will be designed and constructed in accordance with
City standards and specifications and will be owned and operated by the City.
■ Streets
Improvements including subgrade stabilization (including excavation), concrete and
reinforcing steel for roadways, testing, handicapped ramps, and street lights. All related
earthwork, excavation, erosion control, retaining walls, intersections, signage, lighting
and re -vegetation of all disturbed areas within the right-of-way are included. The street
improvements will provide street access to each Lot within Improvement Area #2.
■ Water
Improvements including trench excavation and embedment, trench safety, PVC piping,
service connections, water mains, valves, fire hydrants, testing, earthwork, excavation,
and erosion control. These lines will include all necessary appurtenances to be fully
operational transmission lines extending water service to the limits of the Improvement
Area. The water improvements will provide water service to each Lot within
Improvement Area #2.
■ Wastewater
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, sewer mains, testing, related earthwork, excavation, and
erosion control. These lines will include the necessary appurtenances to be fully
operational extending wastewater service to the limits of the improvement area. The
wastewater improvements will provide wastewater service to each Lot within
Improvement Area #2.
■ Storm Drainage
Improvements including earthen channels, swales, curb and drop inlets, storm sewer
mains, RCP piping and boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls,
and testing as well as all related earthwork, excavation, and erosion control necessary to
provide storm water. The storm drainage improvements will provide storm drainage to
each Lot within Improvement Area #2.
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• Soft Costs
Improvements including engineering and design, construction inspection fees,
geotechnical testing, governmental submittal fees, and 2% contractor completion bonds
for the Improvement Area #2 Improvements described above.
D. Bond Issuance Costs
■ Debt Service Reserve Fund
Equals the amount to be deposited in a debt service reserve fund under an applicable
Indenture in connection with the issuance of PID Bonds.
■ Capitalized Interest
Equals the amount required to be deposited for the purpose of paying capitalized interest
under an applicable Indenture in connection with the issuance of PID Bonds.
■ Underwriter's Discount
Equals a percentage of the par amount of a particular series of PID Bonds related to the
costs of underwriting such PID Bonds plus a fee for underwriter's counsel.
■ Cost of Issuance
Includes costs associated with issuing PID Bonds, including but not limited to attorney
fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication
costs, City costs, fees charged by the Texas Attorney General, and any other cost or
expense directly associated with the issuance of PID Bonds.
E. Other Costs
■ Deposit to Administrative Fund
Includes District Annual Collection Costs for the first year immediately following the
issuance of a series of PID Bonds.
SECTION IV: SERVICE PLAN
The PID Act requires the Service Plan to cover a period of at least five years. The Service Plan is
required to define the annual projected costs and indebtedness for the Authorized
Improvements undertaken within the District during the five-year period. The Service Plan is also
required to include a copy of the notice form required by Section 5.014 of the Texas Property
Code, as amended. The Service Plan must be reviewed and updated in each Annual Service Plan
Update. Exhibit C summarizes the Service Plan for the District. Per the PID Act and Section 5.014
of the Texas Property Code, as amended, this 2022 Amended and Restated Service and
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Assessment Plan, and any future Annual Service Plan Updates, shall include a form of the buyer
disclosures for the District. The buyer disclosures are attached hereto as Appendix B.
Exhibit D summarizes the sources and uses of funds required to construct the Authorized
Improvements. The sources and uses of funds shown on Exhibit D shall be updated in an Annual
Service Plan Update.
SECTION V: ASSESSMENT PLAN
The PID Act allows the City Council to apportion the costs of the Authorized Improvements to the
Assessed Property based on the special benefit received from the Authorized Improvements. The
PID Act provides that such costs may be apportioned: (1) equally per front foot or square foot;
(2) according to the value of property as determined by the City Council, with or without regard
to improvements constructed on the property; or (3) in any other manner approved by the City
Council that results in imposing equal shares of such costs on property similarly benefited. The
PID Act further provides that the City Council may establish by ordinance or order reasonable
classifications and formulas for the apportionment of the cost between the City and the area to
be assessed and the methods of assessing the special benefits for various classes of
improvements.
This section of this 2022 Amended and Restated Service and Assessment Plan describes the
special benefit received by each Parcel within the District as a result of the Authorized
Improvements and provides the basis and justification for the determination that this special
benefit equals or exceeds the amount of the Assessments to be levied on the Assessed Property
for such Authorized Improvements.
The determination by the City Council of the assessment methodologies set forth below is the
result of the discretionary exercise by the City Council of its legislative authority and
governmental powers and is conclusive and binding on the Developer, and all future owners and
developers of the Assessed Property.
A. Assessment Methodology
Acting in its legislative capacity and based on information provided by the Developer and their
engineers and reviewed by the City staff and by third -party consultants retained by the City, the
City Council has determined the following:
■ The costs of the Major Improvements were allocated between Improvement Area #1 and
the Major Improvement Area pro rata based on the ratio of the Estimated Buildout Value
of each Parcel designated as Major Improvement Area Assessed Property or
Improvement Area #1 Assessed Property to the Estimated Buildout Value of all Assessed
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Property within the District at the time the 2019 Service and Assessment Plan was
approved. At that time, Improvement Area #1 was allocated 31.51% of the Major
Improvements, and the Major Improvement Area was allocated the remaining 68.49% of
the Major Improvements.
■ The costs of the Major Improvement Area Projects were allocated 100% to Major
Improvement Area Assessed Property by spreading the entire Major Improvement Area
Assessment across all Major Improvement Area Assessed Property based on the ratio of
the Estimated Buildout Value of each Parcel designated as Major Improvement Area
Assessed Property to the Estimated Buildout Value of all Major Improvement Area
Assessed Property at the time the 2019 Service and Assessment Plan was approved.
■ The costs of the Improvement Area #1 Projects were allocated 100% to Improvement
Area #1 Assessed Property by spreading the entire Improvement Area #1 Assessment
across all Improvement Area #1 Assessed Property based on the ratio of the Estimated
Buildout Value of each Parcel designated as Improvement Area #1 Assessed Property to
the Estimated Buildout Value of all Improvement Area #1 Assessed Property at the time
the 2019 Service and Assessment Plan was approved.
■ The costs of the Improvement Area #2 Projects shall be allocated 100% to Improvement
Area #2 Assessed Property by spreading the entire Improvement Area #2 Assessment
across all Improvement Area #2 Assessed Property based on the ratio of the Estimated
Buildout Value of each Parcel designated as Improvement Area #2 Assessed Property to
the Estimated Buildout Value of all Improvement Area #2 Assessed Property. Currently,
the Improvement Area #2 Initial Parcel is the only parcel within Improvement Area #2. As
such, the Improvement Area #2 Initial Parcel shall be allocated 100% of the Improvement
Area #2 Projects.
B. Assessments
Assessments are levied on the Assessed Property according to the Improvement Area #1
Assessment Roll, attached hereto as Exhibit G-1, the Major Improvement Area Assessment Roll,
attached hereto as Exhibit H-1, and the Improvement Area #2 Assessment Roll, attached hereto
as Exhibit 1-1. The projected Annual Installments for Improvement Area #1 are shown on Exhibit
G-2, the projected Annual Installments for the Major Improvement Area are shown on Exhibit H-
2, and the projected Annual Installments for Improvement Area #2 are shown on Exhibit 1-2,
subject to revisions made in any Annual Service Plan Update. Upon division or subdivision of the
Improvement Area #2 Initial Parcel, the Improvement Area #2 Assessment, and the Major
Improvement Area Assessment will be reallocated pursuant to Section VI.
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The Maximum Assessment for each Lot Type within Improvement Area #1 and Improvement
Area #2 is shown on Exhibit E. In no case will the Assessment for Lot Type 1, Lot Type 2, Lot Type
3, Lot Type 4, Lot Type 5, Lot Type 6, or Lot Type 7 exceed the corresponding Maximum
Assessment.
C. Findings of Special Benefit
Acting in its legislative capacity based on information provided by the Developer and their
engineers and reviewed by City staff and by third -party consultants retained by the City, the City
Council has found and determined:
1. Improvement Area #1 Assessments
a. The costs of the Improvement Area #1 Projects were equal to $8,384,413 as
shown on Exhibit B; and
b. The Improvement Area #1 Assessed Property received special benefit from the
Improvement Area #1 Projects equal to or greater than the Actual Cost of the
Improvement Area #1 Projects; and
c. With the adoption of the 2019 Assessment Ordinance, the Improvement Area #1
Assessed Property was allocated 100% of the Improvement Area #1 Assessment
levied for the Improvement Area #1 Projects, which was equal to $7,375,000;
d. The special benefit (>_ $8,384,413) received by the Improvement Area #1 Assessed
Property from the Improvement Area #1 Projects was equal to or greater than the
amount of the Improvement Area #1 Assessment ($7,375,000) levied on the
Improvement Area #1 Assessed Property for the Improvement Area #1 Projects.
e. At the time the City Council approved the 2019 Assessment Ordinance, the
Developer owned 100% of the Improvement Area #1 Initial Parcel. The Developer
acknowledged that the Improvement Area #1 Projects conferred a special benefit
on the Improvement Area #1 Initial Parcel and consented to the imposition of the
Improvement Area #1 Assessment to pay for the Actual Costs associated
therewith. The Developer ratified, confirmed, accepted, agreed to, and approved:
(1) the determinations and findings by the City Council as to the special benefits
described and the 2019 Assessment Ordinance; (2) the 2019 Service and
Assessment Plan and the 2019 Assessment Ordinance; and (3) the levying of the
Improvement Area #1 Assessment on the Improvement Area #1 Initial Parcel.
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2. Major Improvement Area Assessments
a. The costs of the Major Improvement Area Projects were equal to $3,535,000 as
shown on Exhibit B; and
b. The Major Improvement Area Assessed Property received special benefit from the
Major Improvement Area Projects equal to or greater than the Actual Cost of the
Major Improvement Area Projects; and
c. With the adoption of the 2019 Assessment Ordinance, the Major Improvement
Area Assessed Property was allocated 100% of the Major Improvement Area
Assessment. The Major Improvement Area Assessment was levied on Major
Improvement Area Assessed Property for the Major Improvement Area Projects,
which equals $3,535,000;
d. The special benefit ( >_ $3,535,000) received by the Major Improvement Area
Assessed Property from the Major Improvement Area Projects was equal to or
greater than the amount of the Major Improvement Area Assessment
($3,535,000) levied on the Major Improvement Area Assessed Property for the
Major Improvement Area Projects; and
e. At the time the City Council approved the 2019 Assessment Ordinance, the
Developer owned 100% of the Major Improvement Area Initial Parcel. The
Developer acknowledged that the Major Improvement Area Projects conferred a
special benefit on the Major Improvement Area Initial Parcel and consented to the
imposition of the Major Improvement Area Assessment to pay for the Actual Costs
associated therewith. The Developer ratified, confirmed, accepted, agreed to, and
approved: (1) the determinations and findings by the City Council as to the special
benefits described and the 2019 Assessment Ordinance; (2) the 2019 Service and
Assessment Plan and the 2019 Assessment Ordinance; and (3) the levying of the
Major Improvement Area Assessment on the Major Improvement Area Initial
Parcel.
■ Improvement Area #2 Assessments
■ The costs of the Improvement Area #2 Projects equal $10,550,000 as shown on
Exhibit B; and
■ The Improvement Area #2 Assessed Property receives special benefit from the
Improvement Area #2 Projects equal to or greater than the Actual Cost of the
Improvement Area #2 Projects; and
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■ With the adoption of the 2022 Assessment Ordinance, the Improvement Area #2
Assessed Property shall be allocated 100% of the Improvement Area #2
Assessment levied for the Improvement Area #2 Projects, which equal
$10,550,000; and
■ The special benefit ( >_ $10,550,000) received by the Improvement Area #2
Assessed Property from the Improvement Area #2 Projects is equal to or greater
than the amount of the Improvement Area #2 Assessment ($10,550,000) levied
on the Improvement Area #2 Assessed Property for the Improvement Area #2
Projects; and
■ At the time the City Council approved the 2022 Assessment Ordinance, the
Developer owned 100% of the Improvement Area #2 Assessed Property. The
Developer acknowledged that the Improvement Area #2 Improvements confer a
special benefit on the Improvement Area #2 Assessed Property and consented to
the imposition of the Improvement Area #2 Assessments to pay for the Actual
Costs associated therewith. The Developer ratified, confirmed, accepted, agreed
to, and approved: (1) the determinations and findings by the City Council as to the
special benefits described herein, and the 2022 Assessment Ordinance levying the
Improvement Area #2 Assessment; (2) this 2022 Amended and Restated Service
and Assessment Plan and the 2022 Assessment Ordinance levying the
Improvement Area #2 Assessment; and (3) the levying of the Improvement Area
#2 Assessments on the Improvement Area #2 Assessed Property.
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 each respective series of PID Bonds may exceed the
interest rate on each respective series of PID Bonds by the Additional Interest Rate. To the extent
required by any Indenture, Additional Interest shall be collected as part of each Annual
Installment and shall be deposited pursuant to the applicable Indenture.
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F. TIRZ No. 2 Annual Credit Amount
The City Council, in accordance with the Amended and Restated PID Reimbursement Agreement,
has agreed to use a portion of TIRZ No. 2 Revenues generated (the "TIRZ No. 2 Annual Credit
Amount") from each Improvement Area #1 Assessed Property within the City's corporate limits
to offset a portion of such property's Improvement Area #1 Annual Installment of the
Improvement Area #1 Assessment, as applicable.
1. The Improvement Area #1 Annual Installment for an Improvement Area #1 Assessed Property
within the City's corporate limits shall be reduced by the TIRZ No. 2 Annual Credit Amount
equal to the TIRZ No. 2 Revenue generated by the Assessed Property, on a Lot -by -Lot basis
for the previous Tax Year (i.e. TIRZ No. 2 Revenue collected from the Improvement Area #1
Assessed Property for Tax Year 2023 shall be applied as the TIRZ No. 2 Annual Credit Amount
applicable to such Improvement Area #1 Assessed Property's Improvement Area #1 Annual
Installment, as applicable, to be collected in Tax Year 2024). In no event shall the TIRZ No. 2
Annual Credit Amount exceed the TIRZ No. 2 Maximum Annual Credit Amount shown in
Section V.F.2 as calculated on Exhibit F for each Lot of Assessed Property within Improvement
Area #1.
2. The TIRZ No. 2 Maximum Annual Credit Amount for an Improvement Area #1 Assessed
Property within the City's corporate limits is calculated for each Lot Type, as shown on Exhibit
F. The TIRZ No. 2 Maximum Annual Credit Amount is calculated so that the Improvement Area
#1 Annual Installment minus the TIRZ No. 2 Maximum Annual Credit Amount for each Lot
Type produces a total equivalent tax rate for such Lot Type which does not exceed the
equivalent ad valorem tax rate, taking into consideration the tax rates of all applicable
overlapping taxing units and the equivalent tax rate of the Improvement Area #1 Annual
Installment, as applicable, based on Estimated Buildout Values at the time the 2019
Assessment Ordinance was approved. The resulting TIRZ No. 2 Maximum Annual Credit
Amount for each applicable Lot Type within the Improvement Area #1 is shown on Exhibit F.
After the TIRZ No. 2 Annual Credit Amount is applied to provide a credit towards a portion of
the Improvement Area #1 Annual Installment for the Assessed Property within the City's
corporate limits, any excess TIRZ No. 2 Revenues available from the TIRZ No. 2 Fund shall be
transferred from the TIRZ No. 2 Fund to the City, and shall not be available to offset the
applicable Annual Installment related to such Lot.
3. For the term of the Improvement Area #1 Bonds, TIRZ No. 2 Maximum Annual Credit Amount
may not be lowered even if the total equivalent tax rate on Improvement Area #1 increases
above or decreases below $3.07 per $100 of assessed value (inclusive of the equivalent tax
rate of the Improvement Area #1 Annual Installment, as applicable, and all overlapping taxing
jurisdictions) based on increases or decreases in the rates charged by taxing jurisdictions
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other than the City, including the school and the county, for each Lot Type unless
Improvement Area #1 Assessments are lowered by a like amount.
SECTION VI: TERMS OF THE ASSESSMENTS
Any reallocation of Assessments as described in this Section VI shall be considered an
administrative action of the City and will not be subject to the notice or public hearing
requirements under the PID Act.
A. Reallocation of Assessments
1. Upon Division Prior to Recording of Subdivision Plat
Upon the division of any Assessed Property (without the recording of a subdivision plat),
the Administrator shall reallocate the Assessment for the Assessed Property prior to the
division among the newly divided Assessed Properties according to the following formula:
A=Bx(C=D)
Where the terms have the following meanings:
A = the Assessment for the newly divided Assessed Property
B = the Assessment for the Assessed Property prior to division
C = the Estimated Buildout Value of the newly divided Assessed Property
D = the sum of the Estimated Buildout Value for all for the newly divided Assessed
Properties
The calculation of the Assessment of an Assessed Property shall be performed by the
Administrator and shall be based on the Estimated Buildout Value of that Assessed
Property, as provided by the Developer, relying on information from homebuilders,
market studies, appraisals, Official Public Records of the County, and any other relevant
information regarding the Assessed Property. The Estimated Buildout Value for Lot Type
1, Lot Type 2, Lot Type 3, Lot Type 4, Lot Type 5, Lot Type 6, and Lot Type 7 are shown on
Exhibit E and will not change in future Annual Service Plan Updates. The calculation as
confirmed by the City Council shall be conclusive and binding.
The sum of the Assessments for all newly divided Assessed Properties shall equal the
Assessment for the Assessed Property prior to subdivision. The calculation shall be made
separately for each newly divided Assessed Property. The reallocation of an Assessment
for an Assessed Property that is a homestead under Texas law may not exceed the
Assessment prior to the reallocation. Any reallocation pursuant to this section shall be
reflected in the Annual Service Plan Update immediately following such reallocation.
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2. Upon Subdivision by a Recorded Subdivision Plat
Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the
Administrator shall reallocate the Assessment for the Assessed Property prior to the
subdivision among the new subdivided Lots based on Estimated Buildout Value according
to the following formula:
A = [B x (C - D)]/E
Where the terms have the following meanings:
A = the Assessment for the newly subdivided Lot
B = the Assessment for the Parcel prior to subdivision
C = the sum of the Estimated Buildout Value of all newly subdivided Lots with same
Lot Type
D = the sum of the Estimated Buildout Value for all of the newly subdivided Lots
excluding Non-Benefitted Property
E= the number of newly subdivided Lots with same Lot Type
Prior to the recording of a subdivision plat, the Developer shall provide the City an
Estimated Buildout Value as of the date of the recorded subdivision plat for each Lot
created by the recorded subdivision plat. The calculation of the Assessment for a Lot shall
be performed by the Administrator and confirmed by the City Council based on Estimated
Buildout Value information provided by the Developer, homebuilders, third party
consultants, and/or the Official Public Records of the County regarding the Lot. The
Estimated Buildout Value for Lot Type 1, Lot Type 2, Lot Type 3, Lot Type 4, Lot Type S,
Lot Type 6, and Lot Type 7 are shown on Exhibit E and will not change in future Annual
Service Plan Updates. The calculation as confirmed by the City Council shall be conclusive
and binding.
The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment
for the portion of the Assessed Property subdivided prior to subdivision. The calculation
shall be made separately for each newly subdivided Assessed Property. The reallocation
of an Assessment for an Assessed Property that is a homestead under Texas law may not
exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section
shall be reflected in the Annual Service Plan Update immediately following such
reallocation.
3. Upon Consolidation
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
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consolidation to the consolidated Lot or Parcel, which allocation shall be approved by the
City Council in the next Annual Service Plan Update immediately following such
consolidation. The Assessment for any resulting Lot may not exceed the Maximum
Assessment for the applicable Lot Type and compliance may require a mandatory
prepayment of Assessments pursuant to Section VI.C.
B. Mandatory Prepayment of Assessments
If an Assessed Property or a portion thereof is conveyed to a party that is exempt from payment
of the Assessment under applicable law, or the owner causes a Lot, Parcel, or portion thereof to
become Non-Benefitted Property, the owner of such Lot, Parcel, or portion thereof shall pay to
the City or cause to be paid to the City the full amount of the Assessment, plus all Prepayment
Costs and Delinquent Collection Costs for such Assessed Property, prior to any such conveyance
or act, and no such conveyance shall be effective until the City receives such payment. Following
payment of the foregoing costs in full, the City shall provide the owner with a recordable "Notice
of Assessment Termination," a form of which is attached hereto as Exhibit K.
C. True -Up of Assessments if Maximum Assessment Exceeded at Plat
Prior to the City approving a final subdivision plat, the Administrator will certify that such plat
will not result in the Assessment per Lot for any Lot Type to exceed the Maximum Assessment. If
the Administrator determines that the resulting Assessment per Lot for any Lot Type will exceed
the Maximum Assessment for that Lot Type, then (1) the Assessment applicable to each Lot Type
shall each be reduced to the Maximum Assessment, and (2) the person or entity filing the plat
shall pay to the City or cause to be paid to the City the amount the Assessment was reduced, plus
Prepayment Costs and Delinquent Collection Costs, if any, prior to the City approving the final
plat. The City's approval of a plat without payment of such amounts does not eliminate the
obligation of the person or entity filing the plat to pay such amounts. At no time shall the
aggregate Assessments for any Lot exceed the Maximum Assessment.
D. Reduction of Assessments
If the Actual Costs of completed Authorized Improvements are less than the Assessments, then
(i) in the event PID Bonds have not been issued for the purpose of financing Authorized
Improvements affected by such reduction in Actual Costs, the City Council shall reduce each
Assessment, and the TIRZ No. 2 Annual Credit Amount, applicable only to Lots within
Improvement Area #1, on a pro rata basis such that the sum of the resulting reduced Assessments
for all Assessed Property equals the reduced Actual Costs that were expended, or (ii) in the event
PID Bonds have been issued for the purpose of financing Authorized Improvements affected by
such reduction in Actual Costs, the Trustee shall apply amounts on deposit in the applicable
account of the project fund created under the Indenture relating to such series of PID Bonds as
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directed by the City pursuant to the terms of such Indenture. Such excess PID Bond proceeds may
be used for any purpose authorized by such Indenture. The Assessments shall never be reduced
to an amount less than the amount required to pay all outstanding debt service requirements on
all outstanding PID Bonds.
The Administrator shall update (and submit to the City Council for review and approval as part of
the next Annual Service Plan Update) the Assessment Roll and corresponding Annual Installments
to reflect the reduced Assessments.
E. Prepayment of Assessments
The owner of any Assessed Property may pay, at any time, all or any part of an Assessment in
accordance with the PID Act. Prepayment Costs, if any, may be paid from a reserve established
under the applicable Indenture. If an Annual Installment has been billed, or the Annual Service
Plan Update has been approved by the City Council prior to the Prepayment, the Annual
Installment shall be due and payable and shall be credited against the Prepayment.
If an Assessment on an Assessed Property is prepaid in full, with Prepayment Costs, (1) the
Administrator shall cause the Assessment to be reduced to zero on said Assessed Property and
the Assessment Roll to be revised accordingly; (2) the Administrator shall prepare the revised
Assessment Roll and submit such revised Assessment Roll to the City Council for review and
approval as part of the next Annual Service Plan Update; (3) the obligation to pay the Assessment
and corresponding Annual Installments shall terminate with respect to said Assessed Property;
and (4) the City shall provide the owner with a recordable "Notice of Assessment Termination."
If an Assessment on an Assessed Property is prepaid in part, with Prepayment Costs: (1) the
Administrator shall cause the Assessment to be reduced on said Assessed Property and the
Assessment Roll revised accordingly; (2) the Administrator shall prepare the revised Assessment
Roll and submit to the City Council for review and approval as part of the next Annual Service
Plan Update; and (3) the obligation to pay the Assessment will be reduced to the extent of the
Prepayment made.
F. Payment of Assessment in Annual Installments
Assessments that are not paid in full shall be due and payable in Annual Installments. Exhibit G-
2 shows the estimated Annual Installments for Improvement Area #1, Exhibit 1-2 shows the
estimated Annual Installments for Improvement Area #2, and Exhibit H-2 shows the estimated
Annual Installments for the Major Improvement Area. Annual Installments are subject to
adjustment in each Annual Service Plan Update.
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
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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 Collin Central Appraisal District
for each tax parcel identification number.
The Administrator shall prepare and submit to the City Council for its review and approval an
Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each
Annual Service Plan Update shall include updated Assessment Rolls and updated calculations of
Annual Installments. The Annual Collection Costs for a given Assessment shall be paid by the
owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment
remaining on the Parcel to the total outstanding Assessment. Annual Installments shall be
reduced by any credits applied under an applicable Indenture, such as capitalized interest,
interest earnings on account balances, and any other funds available to the Trustee for such
purposes. Annual Installments shall be collected by the City in the same manner and at the same
time as ad valorem taxes. Annual Installments shall be subject to the penalties, procedures, and
foreclosure sale in case of delinquencies as set forth in the PID Act and in the same manner as ad
valorem taxes due and owing to the City. To the extent permitted by the PID Act or other
applicable law, the City Council may provide for other means of collecting Annual Installments,
but in no case shall the City take any action, or fail to take any action, that would cause it to be
in default under any Indenture.
Sales of the Assessed Property for nonpayment of Annual Installments shall be subject to the lien
for the remaining unpaid Annual Installments against the Assessed Property, and the Assessed
Property may again be sold at a judicial foreclosure sale if the purchaser fails to timely pay any of
the remaining unpaid Annual Installments as they become due and payable.
The City reserves the right to refund PID Bonds in accordance with applicable law, including the
PID Act. In the event of a refunding, the Administrator shall recalculate the Annual Installments
so that total Annual Installments will be sufficient to pay the refunding bonds, and the refunding
bonds shall constitute "PID Bonds."
Each Annual Installment of an Assessment, including interest on the unpaid principal of the
Assessment, shall be updated annually. Each Annual Installment shall be due when billed and
shall be delinquent if not paid prior to February 1 of the following year.
G. Prepayment as a Result of an Eminent Domain Proceeding or Taking
Subject to applicable law, if any portion of any Parcel of Assessed Property is taken from an owner
as a result of eminent domain proceedings or if a transfer of any portion of any Parcel of Assessed
Property is made to an entity with the authority to condemn all or a portion of the Assessed
Property in lieu of or as a part of an eminent domain proceeding (a "Taking"), the portion of the
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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 2022 Amended and Restated Service and Assessment Plan,
as updated, or the PID Act, the Assessment that remains due on the Remaining Property, subject
to an adjustment in the Assessment applicable to the Remaining Property after any required
Prepayment as set forth below. Notwithstanding the foregoing, if the Assessment that remains
due on the Remaining Property exceeds the applicable Maximum Assessment, the owner of the
Remaining Property will be required to make a Prepayment in an amount necessary to ensure
that the Assessment against the Remaining Property does not exceed such Maximum
Assessment, in which case the Assessment applicable to the Remaining Property will be reduced
by the amount of the partial Prepayment. If the City receives all or a portion of the eminent
domain proceeds (or payment made in an agreed sale in lieu of condemnation), such amount
shall be credited against the amount of Prepayment, with any remainder credited against the
Assessment on the Remaining Property.
In all instances the Assessment remaining on the Remaining Property shall not exceed the
applicable Maximum Assessment.
By way of illustration, if an owner owns 100 acres of Assessed Property subject to a $100
Assessment and 10 acres is taken through a Taking, the 10 acres of Taken Property shall be
reclassified as Non-Benefitted Property and the remaining 90 acres constituting the Remaining
Property shall be subject to the $100 Assessment (provided that this $100 Assessment does not
exceed the Maximum Assessment on the Remaining Property). If the Administrator determines
that the $100 Assessment reallocated to the Remaining Property would exceed the Maximum
Assessment, as applicable, on the Remaining Property by $10, then the owner shall be required
to pay $10 as a Prepayment of the Assessment against the Remaining Property and the
Assessment on the Remaining Property shall be adjusted to $90.
Notwithstanding the previous paragraphs in this subsection, if the owner of the Remaining
Property notifies the City and the Administrator that the Taking prevents the Remaining Property
from being developed for any use which could support the Estimated Buildout Value
requirement, the owner shall, upon receipt of the compensation for the Taken Property, be
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required to prepay the amount of the Assessment required to buy down the outstanding
Assessment to the applicable Maximum Assessment on the Remaining Property to support the
Estimated Buildout Value requirement. The owner will remain liable to pay the Assessment on
both the Taken Property and the Remaining Property until such time that such Assessment has
been prepaid in full.
Notwithstanding the previous paragraphs in this subsection, the Assessments shall never be
reduced to an amount less than the amount required to pay all outstanding debt service
requirements on all outstanding PID Bonds.
SECTION VII: ASSESSMENT ROLL
The list of current Lots within the District, the corresponding total Assessments, and current
Annual Installment by Lot for Improvement Area #1, the Major Improvement Area, and
Improvement Area #2 are shown on the Assessment Rolls attached hereto as Exhibit G-1, Exhibit
H-1, and Exhibit 1-1, respectively. The Lots shown on the Assessment Rolls will receive the bills
for the 2022 Annual Installments which will be delinquent if not paid by January 31, 2023.
The Improvement Area #1 Assessment Roll is attached as Exhibit G-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the
Improvement Area #1 Assessment Roll and Improvement Area #1 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
The Major Improvement Area Assessment Roll is attached as Exhibit H-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the Major
Improvement Area Assessment Roll and Major Improvement Area Annual Installments for each
Parcel as part of each Annual Service Plan Update.
The Improvement Area #2 Assessment Roll is attached as Exhibit 1-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the
Improvement Area #2 Assessment Roll and Improvement Area #2 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
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
2022 Amended and Restated Service and Assessment Plan, including, but not limited to, any
calculation made as part of any Annual Service Plan Update, the owner's sole and exclusive
remedy shall be to submit a written notice of error to the Administrator by December 1st of each
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year following City Council's approval of the calculation. Otherwise, the owner shall be deemed
to have unconditionally approved and accepted the calculation. The Administrator shall provide
a written response to the City Council and the owner not later than 30 days after receipt of such
a written notice or error by the Administrator. The City Council shall consider the owner's notice
of error and the Administrator's response at a public meeting, and, not later than 30 days after
closing such meeting, the City Council shall make a final determination as to whether an error
has been made. If the City Council determines that an error has been made, the City Council shall
take such corrective action as is authorized by the PID Act, this 2022 Amended and Restated
Service and Assessment Plan, the applicable Assessment Ordinance, the applicable Indenture, or
as otherwise authorized by the discretionary power of the City Council. The determination by
the City Council as to whether an error has been made, and any corrective action taken by the
City Council, shall be final and binding on the owner and the Administrator.
B. Amendments
Amendments to this 2022 Amended and Restated Service and Assessment Plan must be made
by the City Council in accordance with the PID Act. To the extent permitted by the PID Act, this
2022 Amended and Restated Service and Assessment Plan may be amended without notice to
owners of the Assessed Property: (1) to correct mistakes and clerical errors; (2) to clarify
ambiguities; and (3) to provide procedures to collect Assessments, Annual Installments, and
other charges imposed by this 2022 Amended and Restated Service and Assessment Plan.
C. Administration and Interpretation
The Administrator shall: (1) perform the obligations of the Administrator as set forth in this 2022
Amended and Restated Service and Assessment Plan; (2) administer the District for and on behalf
of and at the direction of the City Council; and (3) interpret the provisions of this 2022 Amended
and Restated Service and Assessment Plan. Interpretations of this 2022 Amended and Restated
Service and Assessment Plan by the Administrator shall be in writing and shall be appealable to
the City Council by owners of Assessed Property adversely affected by the interpretation.
Appeals shall be decided by the City Council after holding a public meeting at which all interested
parties have an opportunity to be heard. Decisions by the City Council shall be final and binding
on the owners of Assessed Property and Developer and their successors and assigns.
D. Form of Buyer Disclosure; Filing in Real Property Records
Within seven days of approval by the City Council, the City Secretary shall file and record in the
real property records of the County the executed Assessment Ordinance approving this 2022
Amended and Restated Service and Assessment Plan. In addition, the City Secretary shall similarly
file each Annual Service Plan Update approved by the City Council, with each such filing to occur
within seven days of the date each respective Annual Service Plan Update is approved.
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E. Severability
If any provision of this 2022 Amended and Restated Service and Assessment Plan is determined
by a governmental agency or court to be unenforceable, the unenforceable provision shall be
deleted and, to the maximum extent possible, shall be rewritten to be enforceable. Every effort
shall be made to enforce the remaining provisions.
[Remainder of page intentionally left blank.]
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EXHIBITS
The following Exhibits are attached to and made a part of this 2022 Amended and Restated
Service and Assessment Plan for all purposes:
Exhibit A-1
Map of the District
Exhibit A-2
Map of Improvement Area #1
Exhibit A-3
Map of Major Improvement Area
Exhibit A-4
Map of Improvement Area #2
Exhibit B
Project Costs
Exhibit C
Service Plan
Exhibit D
Sources and Uses of Funds
Exhibit E
Maximum Assessment and Tax Rate Equivalent
Exhibit F
TIRZ No. 2 Maximum Annual Credit Amount
Exhibit G-1
Improvement Area #1 Assessment Roll
Exhibit G-2
Improvement Area #1 Annual Installments
Exhibit H-1
Major Improvement Area Assessment Roll
Exhibit H-2
Major Improvement Area Annual Installments
Exhibit 1-1
Improvement Area #2 Assessment Roll
Exhibit 1-2
Improvement Area #2 Annual Installments
Exhibit J-1
Maps of Improvement Area #1 Improvements
Exhibit J-2
Maps of Major Improvements
Exhibit J-3
Maps of Improvement Area #2 Improvements
Exhibit K
Form of Notice of PID Assessment Termination
Exhibit L-1
Debt Service Schedule for Improvement Area #1 Bonds
Exhibit L-2
Debt Service Schedule for Major Improvement Area Bonds
Exhibit L-3
Debt Service Schedule for Improvement Area #2 Bonds
Exhibit M-1
District Boundary Description
Exhibit M-2
Improvement Area #1 Boundary Description
Exhibit M-3
Major Improvement Area Boundary Description
Exhibit M-4
Improvement Area #2 Boundary Description
APPENDICES
The following Appendices are attached to and made a part of this 2022 Amended and Restated
Service and Assessment Plan for all purposes:
Appendix A Improvement Area #2 Engineer's Report
Appendix B Buyer Disclosures
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EXHIBIT A - DEPICTION OF PROPERTY
lj'!Il PELOTON VILLAGES OF
JW HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 34
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 44 of 167
EXHIBIT A-2 - MAP OF IMPROVEMENT AREA #1
IIIIIIIIIIIIIIIIII� �. k I I �I�
I I I I I I I I I I LF
1111 111 111111
111�111 IIIIN
IIMRPOVEMENT AREA 91
HURRICANE CREEK
lj'!l! PEL T N IMPROVEMENT AREA #1
�,vMo if�uT�o��
d}Jw, TEC48
CCTO9ER 2C22
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 35
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 45 of 167
EXHIBIT A-3 - MAP OF MAJOR IMPROVEMENT AREA
-
ff
-
/y
Xfi
MAJOR IMPROVEMENTAREA
HURRICANE CREEK
N11 PELOTON MAJOR IMPROVEMENT AREA
TIPLAND DOLOT1ON1
AN Fax lE!49
627"R ]Cif
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 36
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/2012022 12:54 PM Page 46 of 167
No
EXHIBIT A-4 — MAP OF IMPROVEMENT AREA #2
mRlll;l 111 11�1
IM► ' l�� milF
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JII 111 �I.11 1 = =ug
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IMPROVEMENT AREA #2 CONCEPT PLANHLIRFZICANF- CRP-r=l< PUBLIC IMPROVEMENT DISTRICT
I
w�
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 37
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022DO0178813 12rM2022 1254 PM Page 47 of 167
EXHIBIT B - PROJECT COSTS
Improvement Area #1 Improvements
Street
$
2,701,765
$
$
$
2,701,765
100.00%
$ 2,701,765
0.00%
$
0.00%
$
Water
838,296
838,296
100.00%
838,296
0.00%
0.00%
Sanitary Sewer
714,688
714,688
100.00%
714,688
0.00%
0.00%
Developer District Formation Expenses
647,921
647,921
100.00%
647,921
0.00%
0.00%
Geotechnical testing, SWPPP, Flood Study
463,943
463,943
100.00%
463,943
0.00%
0.00%
$
5,366,613
$
$
$
5,366,613
$ 5,366,613
$
$
Major Improvements
Street
$
1,400,925
$
$
1,400,92S
31.51%
$ 441,430
68.49%
$ 959,495
0.00%
$
Water
380,448
58,856
321,592
31.51%
101,333
68.49%
220,259
0.00%
Sanitary Sewer
1,217,218
169,891
1,047,327
31.51%
330,012
68.49%
717,315
0.00%
Storm Drainage
S97,3S0
-
597,350
31.51%
188,224
68.49%
409,126
0.00%
Street Lights/Hike & Bike Trail
148,984
148,984
31.51%
46,945
68.49%
102,039
0.00%
$
3,744,925
$
228,747
$
$
3,516,178
$ 1,107,944
$ 2,408,234
$
Improvement Area #2 Improvements lal
Street
$
2,567,570
$
-
$
$
2,567,570
0.00%
$ -
0.00%
$ -
100.00%
$
2,567,570
Water
1,101,249
1,101,249
0.00%
0.00%
100.00%
1,101,249
Sanitary Sewer
1,223,558
1,223,558
0.00%
0.00%
100.00%
1,223,558
Storm Drainage
776,994
776,994
0.00%
0.00%
100.00%
776,994
Soft Costs
2,671,437
2,671,437
0.00%
0.00%
100.00%
2,671,437
$
8,340,808
$
$
$
8,340,808
$
$
$
8,340,808
Private Improvements
Private Improvements
$
606,990
$
$
606,990 $
-
$
$ -
$
$
606,990
$
$
606,990 $
-
$ -
$
$
Bond Issuance Costs
Debt Service Reserve Fund
$
1,661,450
$
$
- $
1,661,450
$ 585,750
$ 291,300
$
784,400
Capitalized Interest
1,572,630
1,572,630
670,445
490,705
411,481
Underwriter Discount
643,800
677,215
221,250
106,050
316,500
Cost of Issuance
1,257,933
1,257,933
397,411
203,711
656,811
$
5,135,813
$
$
$
5,169,229
$ 1,874,855
$ 1,091,766
$
2,169,192
Other Costs
Deposit to Administrative Fund
$
110,000
$
$
$
-
$ 35,000
$ 35,000
$
40,000
$
110,000
$
$
$
-
$ 35,000
$ 35,000
$
40,000
Total
$
23,305,150
$
228,747
$
606,990 $
22,392,828
$ 8,384,413
$ 3,535,000
$
10,550,000
Footnotes:
[a] Costs were determined by the Improvement Area #2 Engineer's Report attached hereto as Appendix A
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 38
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 48 of 167
EXHIBIT C -SERVICE PLAN
Principal
$ 115,000.00
$ 125,000.00
$ 130,000.00
$ 135,000.00
$ 145,000.00
Interest
458,125.00
451,512.50
444,325.00
436,850.00
429,087.50
TIRZ No. 2 Annual Credit Amountlai
(28,668.01)
-
-
-
-
(1)
$ 544,456.99
$ 576,512.50
$ 574,325.00
$ 571,850.00
$ 574,087.50
Annual Collection Costs
(2)
$ 58,309.04
$ 59,475.22
$ 60,664.73
$ 61,878.02
$ 63,115.58
Additional Interest
(3)
$ 35,800.00
$ 35,225.00
$ 34,600.00
$ 33,950.00
$ 33,275.00
Total Annual Installment
(4) _ (1) + (2) + (3)
$ 638,566.03
$ 671,212.72
$ 669,589.73
$ 667,678.02
$ 670,478.08
Principal
$ 60,000.00
$ 60,000.00
$ 65,000.00
$ 70,000.00
$ 70,000.00
Interest
231,300.00
227,700.00
224,100.00
220,200.00
216,000.00
(1)
$ 291,300.00
$ 287,700.00
$ 289,100.00
$ 290,200.00
$ 286,000.00
Annual Collection Costs
(2)
$ 22,027.63
$ 22,468.18
$ 22,917.55
$ 23,375.90
$ 23,843.42
Additional Interest
(3)
$ 17,400.00
$ 17,100.00
$ 16,800.00
$ 16,475.00
$ 16,125.00
Total Annual Installment
(4) _ (1) + (2) + (3)
$ 330,727.63
$ 327,268.18
$ 328,817.55
$ 330,050.90
$ 325,968.42
Principal
$ -
$ 151,000.00
$ 158,000.00
$ 166,000.00
$ 175,000.00
Interest
411,480.72
614,660.00
607,110.00
599,210.00
590,910.00
Capitalized Interest
(411,480.72)
-
-
-
-
(1)
$
$ 765,660.00
$ 765,110.00
$ 765,210.00
$ 765,910.00
Annual Collection Costs
(2)
$
$ 40,800.00
$ 41,616.00
$ 42,448.32
$ 43,297.29
Additional Interest
(3)
$
$ 52,750.00
$ 51,995.00
$ 51,205.00
$ 50,375.00
Total Annual Installment
(4) _ (1) + (2) + (3)
$
$ 859,210.00
$ 858,721.00
$ 858,863.32
$ 859,582.29
Footnotes:
[a] The TIRZ No. 2 Revenue generated by the Improvement Area #1 Assessed Property for the
previous Tax Year shall be applied
pro rata based
on the outstanding Assessment of each Lot to reduce the principal required for the Improvement
Area #1 Annual Installment.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 39
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/2012022 12:54 PM Page 49 of 167
EXHIBIT D - SOURCES AND USES OF FUNDS
Improvement Area #1 Bonds $ $ $ 7,375,000 $ - $ $ 7,375,000
Major Improvement Area Bonds - 3,535,000 3,535,000
Improvement Area #2 Bonds - - 10,550,000 10,550,000
Developer Contributionlal 1,009,413 - 1,009,413
Developer Contribution - Private Improvementslal 228,747 606,990 - - - 835,737
Total Sources $ 228,747 $ 606,990 $ 8,384,413 $ 3,535,000 $ 10,550,000 $ 23,305,150
Improvement Area #1 Improvements
Improvement Area #2 Improvements
Major Improvements
Private Improvements
Bond Issuance Costs
Debt Service Reserve Fund
Capitalized Interest
Underwriter Discount
Cost of Issuance
Other Costs
Deposit to Administrative Fund
Total Uses
Footnotes:
$ - $
- $
5,366,613
$
$
$
5,366,613
-
-
8,340,808
8,340,808
228,747
1,107,944
2,408,234
-
3,744,925
-
606,990
-
-
-
606,990
$ 228,747 $
606,990 $
6,474,557
$
2,408,234
$
8,340,808
$
18,059,336
$ - $
- $
585,750
$
291,300
$
784,400
$
1,661,450
-
670,445
490,705
411,481
1,572,630
-
221,250
106,050
316,500
643,800
-
397,411
203,711
656,811
1,257,933
$ $
$
1,874,855
$
1,091,766
$
2,169,192
$
5,135,813
$
$
35,000
$
35,000
$
40,000
$
110,000
$ $
$
35,000
$
35,000
$
40,000
$
110,000
$ 228,747 $
606,990 $
8,384,413
$
3,535,000
$
10,550,000
$
23,305,150
[a] Non -reimbursable to Developer through PID Bonds or Assessments.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 40
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12I2012022 12:54 PM Page 50 of 167
EXHIBIT E - MAXIMUM ASSESSMENT AND TAX RATE EQUIVALENT
Estimated Buildout
Per Unit
Value"'
Total
Improvement Area #1
Assessment
Per Unit Total
Major Improvement
Area
Per Unit
Assessment
Total
Improvement
Assessment
Per Unit
Area #2
Total
Total
Assessment
Per Unit
Maximum
Total
Average
Installment
Per Unit
Annual
Total
Gross PID
Lot Type
Improvement Area #1
Units[a)
TRE
Lot Type 1
143
$ 307,000
$ 43,901,000
$ 30,991 $ 4,431,694
$
$
$
$
$ 30,991
$ 4,431,694
$ 2,925
$ 418,241
$ 0.953
Lot Type 2
77
$ 351,000
$ 27,027,000
$ 35,433 $ 2,728,306
$
$
$
$
$ 35,433
$ 2,728,306
$ 3,344
$ 257,484
$ 0.953
Subtotal
220
$ 70,928,000
$ 7,160,000
$
$ 7,160,000
$ 675,724
Improvement Area #2
Lot Type 3
44
$ 375,000
$ 16,500,000
$ - $ -
$ 4,373
$ 192,394
$ 25,661
$ 1,129,074
$ 30,033
$ 1,321,468
$ 2,499
$ 109,939
$ 0.666
Lot Type 4
223
$ 425,000
$ 94,775,000
$ $
$ 4,956
$ 1,105,100
$ 29,082
$ 6,485,333
$ 34,038
$ 7,590,433
$ 2,832
$ 631,486
$ 0.666
Lot Type 5
32
$ 550,000
$ 17,600,000
$ $
$ 6,413
$ 205,220
$ 37,636
$ 1,204,346
$ 44,049
$ 1,409,566
$ 3,665
$ 117,269
$ 0.666
Lot Type 6
27
$ 600,000
$ 16,200,000
$ $
$ 6,996
$ 188,896
$ 41,057
$ 1,108,545
$ 48,053
$ 1,297,441
$ 3,998
$ 107,941
$ 0.666
Lot Type 7
14
$ 650,000
$ 9,100,000
$ $
$ 7,579
$ 106,108
$ 44,479
$ 622,701
$ 52,058
$ 728,810
$ 4,331
$ 60,633
$ 0.666
Subtotal
340
$ 154,175,000
$ $
$ 1,797,718
$ 10,550,000
$ 12,347,718
$ 1,027,268
Major Improvement Area
338
$ 144,275,000
$ 1,682,282
(Less Improvement Area #2)
Total
898
$ 369,378,000
$ 7,160,000
$ 3,480,000
$ 10,550,000
$ 19,507,718
$ 1,702,992
Footnotes:
[a] Per information provided by the Developer.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 41
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12I20/2022 12:54 PM Page 51 of 167
EXHIBIT F - TIRZ NO. 2 MAXIMUM ANNUAL CREDIT AMOUNT
Footnotes:
[a] Represents 2022 overlapping Tax Rates.
[b] The TIRZ No. 2 Maximum Credit Amount is applied only to a portion of principal and interest on Improvement Area #1 Bonds.
There are five units to be located within TIRZ No. 2 and Improvement Area #2, but will receive no TIRZ No. 2 Maximum Credit
Amount since there is no Improvement Area #1 Assessment on those Lots.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 42
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 52 of 167
EXHIBIT G-1- IMPROVEMENT AREA #1 ASSESSMENT ROLL
2821896
1
$
30,990.86
$
2,751.25
2821897
1
$
30,990.86
$
2,757.59
2821898
1
$
30,990.86
$
2,757.59
2821899
1
$
30,990.86
$
2,751.25
2821900
1
$
30,990.86
$
2,751.25
2821901
1
$
30,990.86
$
2,757.59
2821902
1
$
30,990.86
$
2,763.91
2821903
1
$
30,990.86
$
2,763.91
2821904
1
$
30,990.86
$
2,763.91
2821905
1
$
30,990.86
$
2,757.59
2821906
1
$
30,990.86
$
2,757.59
2821907
1
$
30,990.86
$
2,763.91
2821908
1
$
30,990.86
$
2,763.91
2821909
1
$
30,990.86
$
2,763.91
2821910
1
$
30,990.86
$
2,763.91
2821911
1
$
30,990.86
$
2,757.59
2821912
1
$
30,990.86
$
2,757.59
2821913
1
$
30,990.86
$
2,757.59
2821914
1
$
30,990.86
$
2,751.25
2821915
1
$
30,990.86
$
2,751.25
2821916
1
$
30,990.86
$
2,751.25
2821918
1
$
30,990.86
$
2,763.91
2821919
1
$
30,990.86
$
2,763.91
2821920
1
$
30,990.86
$
2,751.25
2821921
1
$
30,990.86
$
2,763.91
2821922
1
$
30,990.86
$
2,751.25
2821923
1
$
30,990.86
$
2,744.93
2821924
1
$
30,990.86
$
2,738.60
2821925
1
$
30,990.86
$
2,751.25
2821926
1
$
30,990.86
$
2,763.91
2821927
1
$
30,990.86
$
2,751.25
2821928
1
$
30,990.86
$
2,763.91
2821929
1
$
30,990.86
$
2,757.59
2821930
1
$
30,990.86
$
2,757.59
2821931
1
$
30,990.86
$
2,757.59
2821932
1
$
30,990.86
$
2,763.91
2821933
1
$
30,990.86
$
2,763.91
2821934
1
$
30,990.86
$
2,763.91
2821935
1
$
30,990.86
$
2,763.91
2821936
1
$
30,990.86
$
2,757.59
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 43
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 53 of 167
2821937
1
$
30,990.86
$
2,757.59
2821938
1
$
30,990.86
$
2,763.91
2821939
1
$
30,990.86
$
2,763.91
2821940
1
$
30,990.86
$
2,763.91
2821941
1
$
30,990.86
$
2,763.91
2821942
1
$
30,990.86
$
2,763.91
2821943
1
$
30,990.86
$
2,763.91
2821944
1
$
30,990.86
$
2,763.91
2821945
1
$
30,990.86
$
2,763.91
2821946
1
$
30,990.86
$
2,763.91
2821947
1
$
30,990.86
$
2,763.91
2821948
1
$
30,990.86
$
2,763.91
2821949
1
$
30,990.86
$
2,763.91
2821950
1
$
30,990.86
$
2,763.91
2821951
1
$
30,990.86
$
2,763.91
2821952
1
$
30,990.86
$
2,763.91
2821953
1
$
30,990.86
$
2,763.91
2821954
1
$
30,990.86
$
2,763.91
2821955
1
$
30,990.86
$
2,763.91
2821956
1
$
30,990.86
$
2,763.91
2821957
1
$
30,990.86
$
2,763.91
2821958
1
$
30,990.86
$
2,763.91
2821959
1
$
30,990.86
$
2,757.59
2821960
1
$
30,990.86
$
2,751.25
2821961
1
$
30,990.86
$
2,757.59
2821962
1
$
30,990.86
$
2,757.59
2821963
1
$
30,990.86
$
2,757.59
2821964
1
$
30,990.86
$
2,791.46
2821965
1
$
30,990.86
$
2,757.59
2821966
1
$
30,990.86
$
2,757.59
2821967
1
$
30,990.86
$
2,757.59
2821968
1
$
30,990.86
$
2,763.91
2821969
1
$
30,990.86
$
2,763.91
2821970
1
$
30,990.86
$
2,763.91
2821971
1
$
30,990.86
$
2,763.91
2821972
1
$
30,990.86
$
2,763.91
2821973
1
$
30,990.86
$
2,757.59
2821974
1
$
30,990.86
$
2,757.59
2821975
1
$
30,990.86
$
2,757.59
2821976
1
$
30,990.86
$
2,757.59
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 44
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 54 of 167
2821977
1
$
30,990.86
$
2,757.59
2821978
1
$
30,990.86
$
2,757.59
2821979
1
$
30,990.86
$
2,757.59
2821980
1
$
30,990.86
$
2,757.59
2821981
1
$
30,990.86
$
2,757.59
2821982
1
$
30,990.86
$
2,763.91
2821984
1
$
30,990.86
$
2,763.91
2821985
1
$
30,990.86
$
2,763.91
2821986
1
$
30,990.86
$
2,763.91
2821987
1
$
30,990.86
$
2,763.91
2821988
1
$
30,990.86
$
2,763.91
2821989
1
$
30,990.86
$
2,763.91
2821990
1
$
30,990.86
$
2,763.91
2821991
1
$
30,990.86
$
2,757.59
2821992
1
$
30,990.86
$
2,757.59
2821993
1
$
30,990.86
$
2,763.91
2821994
1
$
30,990.86
$
2,763.91
2821995
1
$
30,990.86
$
2,763.91
2821996
1
$
30,990.86
$
2,763.91
2821997
1
$
30,990.86
$
2,763.91
2821998
1
$
27,324.41
$
2,421.94
2821999
1
$
30,990.86
$
2,763.91
2822000
1
$
30,990.86
$
2,763.91
2822001
1
$
30,990.86
$
2,763.91
2822002
1
$
30,990.86
$
2,757.59
2822003
1
$
30,990.86
$
2,763.91
2822004
1
$
30,990.86
$
2,763.91
2822005
1
$
30,990.86
$
2,763.91
2822006
1
$
30,990.86
$
2,763.91
2822007
1
$
30,990.86
$
2,763.91
2822008
1
$
30,990.86
$
2,763.91
2822009
1
$
30,990.86
$
2,757.59
2822010
1
$
30,990.86
$
2,757.59
2822011
1
$
30,990.86
$
2,763.91
2822012
1
$
30,990.86
$
2,763.91
2822013
1
$
30,990.86
$
2,763.91
2822014
1
$
30,990.86
$
2,763.91
2822015
1
$
30,990.86
$
2,763.91
2822016
1
$
30,990.86
$
2,763.91
2822017
1
$
-
$
-
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 45
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 55 of 167
2822018
1
$
30,990.86
$
2,757.59
2822019
1
$
30,990.86
$
2,757.59
2822020
1
$
30,990.86
$
2,757.59
2822021
1
$
30,990.86
$
2,757.59
2822022
1
$
30,990.86
$
2,757.59
2822023
1
$
30,990.86
$
2,757.59
2822024
1
$
30,990.86
$
2,757.59
2822025
1
$
30,990.86
$
2,757.59
2822026
1
$
30,990.86
$
2,757.59
2822027
1
$
30,990.86
$
2,757.59
2822028
1
$
30,990.86
$
2,757.59
2822029
1
$
30,990.86
$
2,757.59
2822031
1
$
30,990.86
$
2,757.59
2822032
1
$
30,990.86
$
2,757.59
2822033
1
$
30,990.86
$
2,757.59
2822034
1
$
30,990.86
$
2,757.59
2822035
1
$
30,990.86
$
2,757.59
2822036
1
$
30,990.86
$
2,757.59
2822037
1
$
30,990.86
$
2,757.59
2822038
1
$
30,990.86
$
2,757.59
2822039
2
$
35,432.55
$
3,165.52
2822040
2
$
35,432.55
$
3,171.86
2822041
2
$
35,432.55
$
3,171.86
2822042
2
$
35,432.55
$
3,171.86
2822043
2
$
35,432.55
$
3,171.86
2822044
2
$
35,432.55
$
3,171.86
2822045
2
$
35,432.55
$
3,171.86
2822046
2
$
35,432.55
$
3,159.20
2822047
2
$
35,432.55
$
3,171.86
2822048
2
$
35,432.55
$
3,171.86
2822049
2
$
35,432.55
$
3,171.86
2822050
2
$
35,432.55
$
3,171.86
2822051
2
$
35,432.55
$
3,304.78
2822052
2
$
35,432.55
$
3,171.86
2822053
2
$
35,432.55
$
3,171.86
2822054
2
$
35,432.55
$
3,171.86
2822055
2
$
35,432.55
$
3,171.86
2822056
2
$
35,432.55
$
3,165.52
2822057
Non -Benefited Property
$
-
$
-
2822059
2
$
35,432.55
$
3,159.20
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 46
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 56 of 167
2822060
2
$
35,432.55
$
3,171.86
2822061
2
$
35,432.55
$
3,171.86
2822062
2
$
35,432.55
$
3,171.86
2822063
2
$
35,432.55
$
3,171.86
2822064
2
$
35,432.55
$
3,165.52
2822065
1
$
30,990.86
$
2,757.59
2822066
1
$
30,990.86
$
2,763.91
2822067
1
$
30,990.86
$
2,757.59
2822078
2
$
35,432.55
$
3,171.86
2822079
2
$
35,432.55
$
3,171.86
2822080
2
$
35,432.55
$
3,171.86
2822081
2
$
35,432.55
$
3,159.20
2822082
2
$
35,432.55
$
3,159.20
2822083
2
$
35,432.55
$
3,152.87
2822084
2
$
35,432.55
$
3,165.52
2822085
2
$
35,432.55
$
3,171.86
2822086
2
$
35,432.55
$
3,159.20
2822087
2
$
35,432.55
$
3,159.20
2822088
2
$
35,432.55
$
3,159.20
2822090
2
$
35,432.55
$
3,165.52
2822091
2
$
35,432.55
$
3,171.86
2822092
2
$
35,432.55
$
3,165.52
2822093
2
$
35,432.55
$
3,171.86
2822094
2
$
35,432.55
$
3,171.86
2822095
2
$
35,432.55
$
3,171.86
2822097
2
$
35,432.55
$
3,171.86
2822098
2
$
35,432.55
$
3,171.86
2822099
2
$
35,432.55
$
3,171.86
2822100
2
$
35,432.55
$
3,171.86
2822101
2
$
35,432.55
$
3,171.86
2822102
2
$
35,432.55
$
3,154.58
2822103
2
$
35,432.55
$
3,154.58
2822104
2
$
35,432.55
$
3,165.52
2822105
2
$
35,432.55
$
3,165.52
2822106
2
$
35,432.55
$
3,171.86
2822107
2
$
35,432.55
$
3,171.86
2822108
2
$
35,432.55
$
3,171.86
2822109
2
$
35,432.55
$
3,171.86
2822110
2
$
35,432.55
$
3,171.86
2822111
2
$
35,432.55
$
3,171.86
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 47
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 57 of 167
2822112
2
$
35,432.55
$
3,171.86
2822113
2
$
35,432.55
$
3,171.86
2822114
2
$
35,432.55
$
3,171.86
2822115
2
$
-
$
-
2822116
2
$
35,432.55
$
3,171.86
2822117
2
$
35,432.55
$
3,171.86
2822118
2
$
35,432.55
$
3,171.86
2822119
2
$
35,432.55
$
3,171.86
2822120
2
$
35,432.55
$
3,171.86
2822121
2
$
35,432.55
$
3,159.20
2822123
2
$
35,432.55
$
3,165.52
2822124
2
$
35,432.55
$
3,171.86
2822125
2
$
35,432.55
$
3,171.86
2822126
2
$
35,432.55
$
3,171.86
2822127
2
$
35,432.55
$
3,171.86
2822128
2
$
35,432.55
$
3,171.86
2822129
2
$
35,432.55
$
3,171.86
2822130
2
$
35,432.55
$
3,171.86
2822131
2
$
35,432.55
$
3,171.86
2822132
2
$
35,432.55
$
3,171.86
2822133
2
$
35,432.55
$
3,171.86
2822134
Non -Benefited Property
$
-
$
-
2822136
Non -Benefited Property
$
-
$
-
2822137
Non -Benefited Property
$
-
$
-
2822138
Non -Benefited Property
$
-
$
-
2822139
Non -Benefited Property
$
-
$
-
2822140
Non -Benefited Property
$
-
$
-
2822141
Non -Benefited Property
$
-
$
-
2822142
Non -Benefited Property
$
-
$
-
2822143
Non -Benefited Property
$
-
$
-
Total
$
7,089,909.47
$
632,605.72
Footnotes:
[a] Totals may not match the outstanding Assessment or Annual Installment due to rounding.
[b] The Annual Installment covers the period September 1, 2022 to August 31, 2023 and is due
by January 31, 2023.
[c] Cumulative of TIRZ No. 2 Annual Credit Amount.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 48
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 58 of 167
EXHIBIT G-2 - IMPROVEMENT AREA #1 ANNUAL INSTALLMENTS
2023
$
115,000.00
$
458,125.00
$
58,309.04
$
35,800.00
$
667,234.04
2024
$
125,000.00
$
451,512.50
$
59,475.22
$
35,225.00
$
671,212.72
2025
$
130,000.00
$
444,325.00
$
60,664.73
$
34,600.00
$
669,589.73
2026
$
135,000.00
$
436,850.00
$
61,878.02
$
33,950.00
$
667,678.02
2027
$
145,000.00
$
429,087.50
$
63,115.58
$
33,275.00
$
670,478.08
2028
$
155,000.00
$
420,750.00
$
64,377.89
$
32,550.00
$
672,677.89
2029
$
165,000.00
$
411,837.50
$
65,665.45
$
31,775.00
$
674,277.95
2030
$
170,000.00
$
402,350.00
$
66,978.76
$
30,950.00
$
670,278.76
2031
$
185,000.00
$
391,300.00
$
68,318.33
$
30,100.00
$
674,718.33
2032
$
195,000.00
$
379,275.00
$
69,684.70
$
29,175.00
$
673,134.70
2033
$
210,000.00
$
366,600.00
$
71,078.39
$
28,200.00
$
675,878.39
2034
$
220,000.00
$
352,950.00
$
72,499.96
$
27,150.00
$
672,599.96
2035
$
235,000.00
$
338,650.00
$
73,949.96
$
26,050.00
$
673,649.96
2036
$
250,000.00
$
323,375.00
$
75,428.96
$
24,875.00
$
673,678.96
2037
$
270,000.00
$
307,125.00
$
76,937.54
$
23,625.00
$
677,687.54
2038
$
285,000.00
$
289,575.00
$
78,476.29
$
22,275.00
$
675,326.29
2039
$
305,000.00
$
271,050.00
$
80,045.82
$
20,850.00
$
676,945.82
2040
$
325,000.00
$
251,225.00
$
81,646.73
$
19,325.00
$
677,196.73
2041
$
350,000.00
$
230,100.00
$
83,279.67
$
17,700.00
$
681,079.67
2042
$
370,000.00
$
207,350.00
$
84,945.26
$
15,950.00
$
678,245.26
2043
$
395,000.00
$
183,300.00
$
86,644.17
$
14,100.00
$
679,044.17
2044
$
425,000.00
$
157,625.00
$
88,377.05
$
12,125.00
$
683,127.05
2045
$
450,000.00
$
130,000.00
$
90,144.59
$
10,000.00
$
680,144.59
2046
$
485,000.00
$
100,750.00
$
91,947.48
$
7,750.00
$
685,447.48
2047
$
515,000.00
$
69,225.00
$
93,786.43
$
5,325.00
$
683,336.43
2048
$
550,000.00
$
35,750.00
$
95,662.16
$
2,750.00
$
684,162.16
Total
$ 7,160,000.00
$ 7,840,062.50
$
1,963,318.19
$ 605,450.00
$
17,568,830.69
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in
Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or
decrease the amounts shown.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 49
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 59 of 167
EXHIBIT H-1- MAJOR IMPROVEMENT AREA ASSESSMENT ROLL
Footnotes:
[a] Totals may not match the outstanding Assessment or Annual Installment due to rounding.
[b] For billing purposes, the outstanding Assessment and Annual Installments due 1/31/2023 are allocated
pro rata to the Property IDs based on acreage.
[c] The Annual Installment covers the period September 1, 2022 to August 31, 2023 and is due by January 31,
2023.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 50
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12I20/2022 12.54 PM Page 60 of 167
EXHIBIT H-2 - MAJOR IMPROVEMENT AREA ANNUAL INSTALLMENTS
2023
$
60,000.00
$
231,300.00
$
22,027.63
$
17,400.00
$
$ 330,727.63
2024
$
60,000.00
$
227,700.00
$
22,468.18
$
17,100.00
$
$ 327,268.18
2025
$
65,000.00
$
224,100.00
$
22,917.55
$
16,800.00
$
$ 328,817.55
2026
$
70,000.00
$
220,200.00
$
23,375.90
$
16,475.00
$
$ 330,050.90
2027
$
70,000.00
$
216,000.00
$
23,843.42
$
16,125.00
$
$ 325,968.42
2028
$
75,000.00
$
211,800.00
$
24,320.28
$
15,775.00
$
$ 326,895.28
2029
$
80,000.00
$
207,300.00
$
24,806.69
$
15,400.00
$
$ 327,506.69
2030
$
85,000.00
$
202,500.00
$
25,302.82
$
15,000.00
$
$ 327,802.82
2031
$
90,000.00
$
196,762.50
$
25,808.88
$
14,575.00
$
$ 327,146.38
2032
$
95,000.00
$
190,687.50
$
26,325.06
$
14,125.00
$
$ 326,137.56
2033
$
100,000.00
$
184,275.00
$
26,851.56
$
13,650.00
$
$ 324,776.56
2034
$
105,000.00
$
177,525.00
$
27,388.59
$
13,150.00
$
$ 323,063.59
2035
$
115,000.00
$
170,437.50
$
27,936.36
$
12,625.00
$
$ 325,998.86
2036
$
120,000.00
$
162,675.00
$
28,495.09
$
12,050.00
$
$ 323,220.09
2037
$
130,000.00
$
154,575.00
$
29,064.99
$
11,450.00
$
$ 325,089.99
2038
$
140,000.00
$
145,800.00
$
29,646.29
$
10,800.00
$
$ 326,246.29
2039
$
150,000.00
$
136,350.00
$
30,239.22
$
10,100.00
$
$ 326,689.22
2040
$
155,000.00
$
126,225.00
$
30,844.00
$
9,350.00
$
$ 321,419.00
2041
$
170,000.00
$
115,762.50
$
31,460.88
$
8,575.00
$
$ 325,798.38
2042
$
180,000.00
$
104,287.50
$
32,090.10
$
7,725.00
$
$ 324,102.60
2043
$
190,000.00
$
92,137.50
$
32,731.90
$
6,825.00
$
$ 321,694.40
2044
$
205,000.00
$
79,312.50
$
33,386.54
$
5,875.00
$
$ 323,574.04
2045
$
220,000.00
$
65,475.00
$
34,054.27
$
4,850.00
$
$ 324,379.27
2046
$
235,000.00
$
50,625.00
$
34,735.35
$
3,750.00
$
$ 324,110.35
2047
$
250,000.00
$
34,762.50
$
35,430.06
$
2,575.00
$
$ 322,767.56
2048
$
265,000.00
$
17,887.50
$
36,138.66
$
1,325.00
$ (291,300.00)
$ 29,051.16
Total
$
3,480,000.00
$
3,946,462.50
$
741,690.25
$
293,450.00
$ (291,300.00)
$ 8,170,302.75
Footnotes:
[a] 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.
[b] Interest is calculated at a 6.71% rate.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 51
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 61 of 167
EXHIBIT 1-1- IMPROVEMENT AREA #2 ASSESSMENT ROLL
2719039 Improvement Area #2 Initial Parcel $ 6,374,275.57 $ -
1001356 Improvement Area #2 Initial Parcel $ 1,679,271.89 $ -
2518072 Improvement Area #2 Initial Parcel $ 2,496,452.54 $ -
Total $ 10,550,000.00 $ -
Footnotes:
[a] For billing purposes only, until a plat has been recorded with the Improvement Area #2 Initial
Parcel, the Annual Installment will be billed to each Tax Parcel within the Improvement Area #2 Initial
Parcel based on the acreage of the Tax Parcel as calculated by the Collin County Appraisal District.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 52
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 62 of 167
EXHIBIT 1-2 - IMPROVEMENT AREA #2 ANNUAL INSTALLMENTS
2023
$ -
$ 411,480.72
$ (411,480.72) $
-
$ -
$
$
2024
$ 151,000.00
$ 614,660.00
$ $
52,750.00
$ 40,800.00
$
$ 859,210.00
2025
$ 158,000.00
$ 607,110.00
$ $
51,995.00
$ 41,616.00
$
$ 858,721.00
2026
$ 166,000.00
$ 599,210.00
$ $
51,205.00
$ 42,448.32
$
$ 858,863.32
2027
$ 175,000.00
$ 590,910.00
$ $
50,375.00
$ 43,297.29
$
$ 859,582.29
2028
$ 183,000.00
$ 582,160.00
$ $
49,500.00
$ 44,163.23
$
$ 858,823.23
2029
$ 193,000.00
$ 573,010.00
$ $
48,585.00
$ 45,046.50
$
$ 859,641.50
2030
$ 204,000.00
$ 561,912.50
$ $
47,620.00
$ 45,947.43
$
$ 859,479.93
2031
$ 216,000.00
$ 550,182.50
$ $
46,600.00
$ 46,866.38
$
$ 859,648.88
2032
$ 228,000.00
$ 537,762.50
$ $
45,520.00
$ 47,803.70
$
$ 859,086.20
2033
$ 241,000.00
$ 524,652.50
$ $
44,380.00
$ 48,759.78
$
$ 858,792.28
2034
$ 256,000.00
$ 510,795.00
$ $
43,175.00
$ 49,734.97
$
$ 859,704.97
2035
$ 270,000.00
$ 496,075.00
$ $
41,895.00
$ 50,729.67
$
$ 858,699.67
2036
$ 286,000.00
$ 480,550.00
$ $
40,545.00
$ 51,744.27
$
$ 858,839.27
2037
$ 303,000.00
$ 464,105.00
$ $
39,115.00
$ 52,779.15
$
$ 858,999.15
2038
$ 321,000.00
$ 446,682.50
$ $
37,600.00
$ 53,834.73
$
$ 859,117.23
2039
$ 340,000.00
$ 428,225.00
$ $
35,995.00
$ 54,911.43
$
$ 859,131.43
2040
$ 360,000.00
$ 408,675.00
$ $
34,295.00
$ 56,009.66
$
$ 858,979.66
2041
$ 382,000.00
$ 387,975.00
$ $
32,495.00
$ 57,129.85
$
$ 859,599.85
2042
$ 404,000.00
$ 366,010.00
$ $
30,585.00
$ 58,272.45
$
$ 858,867.45
2043
$ 428,000.00
$ 342,780.00
$ $
28,565.00
$ 59,437.90
$
$ 858,782.90
2044
$ 455,000.00
$ 317,100.00
$ $
26,425.00
$ 60,626.65
$
$ 859,151.65
2045
$ 483,000.00
$ 289,800.00
$ $
24,150.00
$ 61,839.19
$
$ 858,789.19
2046
$ 514,000.00
$ 260,820.00
$ $
21,735.00
$ 63,075.97
$
$ 859,630.97
2047
$ 546,000.00
$ 229,980.00
$ $
19,165.00
$ 64,337.49
$
$ 859,482.49
2048
$ 580,000.00
$ 197,220.00
$ $
16,435.00
$ 65,624.24
$
$ 859,279.24
2049
$ 616,000.00
$ 162,420.00
$ $
13,535.00
$ 66,936.72
$
$ 858,891.72
2050
$ 655,000.00
$ 125,460.00
$ $
10,455.00
$ 68,275.46
$
$ 859,190.46
2051
$ 696,000.00
$ 86,160.00
$ $
7,180.00
$ 69,640.97
$
$ 858,980.97
2052
$ 740,000.00
$ 44,400.00
$ $
3,700.00
$ 71,033.79
$ (784,400.00)
$ 74,733.79
Total
$ 10,550,000.00
$ 12,198,283.22
$ (411,480.72) $
995,575.00
$ 1,582,723.17
$ (784,400.00)
$ 24,130,700.67
Footnotes:
[a] Interest for the Improvement Area #2 Bonds is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028,
2042, and 2052, respectively.
[b] 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.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 53
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 63 of 167
EXHIBIT J-1- MAPS OF IMPROVEMENT AREA #1 IMPROVEMENTS
W11 PEL TON
I4�FIP i9L4��9M7
LEGEND
PAYING SmCdLE F.WAILY Pin YAI
PRWING- SIhCLE FAMILY REhWININF Hi
PAviNG- Pm SINGLE FAMILY ONLY
WATER, STORM DRAIN &
PAVING IMPROVEMENTS
VILLAGES OF
HURRICANE CREEK
1 [7:]5
0
U am 'C44
C-Rhg1 C SCALE Iu FEET
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 54
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 64 of 167
IFLi .
L_ . IF,- -
Lu
15"SEWER
SEUVER -SINGLE FAMILY PH1 MI
- - SEWER -SINGLE FAMILY REMAINING MI
- - - - • SEWER - PH1 SINGLE FAMILY ONLY
1;!Il PEL TON
L�NP iOL4T�4 M7
SANITARY SEWER
IMPROVEMENT
VILLAGES OF
HURRICANE CREEK
GRAPii C SCALE IN FEET
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 55
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 65 of 167
�;YFy
STORM - SINGLE FAMILY PHI
-- STORM -SINGLE FAMILY REMAINING MI
---- STORM - PH1 SINGLE FAMILY ONLY
STORM DRAIN
IMPROVEMENTS
li!�I PEL T N VILLAGES F
4 904 1944
� � Liry. �qLy*Ipp# HURRICANE CREEK 13RAPH
IC$C . ALE IN FEET
na,a.� x.oyon s¢irc.al atrro o ifml ��o-A
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 56
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 66 of 167
L�
LEGEND
ri'ATER-31N[J-E FAMILY PH1 kil
ri'ATER . 31N[kE FAkiILV REki0.N
ri'ATER -PHI SNUE FAMLV r4l,
I;!II PEL TON
...........
WATER
IMPROVEMENTS
VILLAGES OF
HURRICANE CREEK
IUI d��W ' Cl:li j
1�
CRAPI iIC SCALE IN FEET
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 57
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 67 of 167
EXHIBIT J-2 - MAPS OF MAJOR IMPROVEMENTS
I;
1y�-
•r
_
\
J
-IJr=L
k
FIROLID%FI} SF%W-F2
PRO'OSEDWA-EP '
HR-DLL} NC3ADS
P KI IJ BIT E3 - QVP RAI I MAP
I PELOTON VILLAGES OF
�.....�.*.... HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 58
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 68 of 167
x 4 k
}
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RQ'
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7
IT
TI-E P,1,% E ' Orr;?ITc P0+1D&vA,` rACLITIES S'll%"t Ift(;_•JGC Tii[ r0--uwINUe
I; CONS I HUG-Wh OF A PUR-IFA OF {sR M 16 IJLM1 La ;Y' 1;;1 I SI 0—
r3= I OnkTFnIIJ A 12•):MT wlnF RIi:-T-.kiF-'hAt' nF-A ATFn TO TNF i:ITY.
AND' -t `i Y'H LL �1C•_JDE THE GO119-�UGT�aN O= z C042RETE LAq=-5
;UL-IYA C tl L+�NE I LI'ADCD �'Y A RrISCC�w .10.N.
2; PLLdMILH AD YOALKY,SI'.ALL GL C/JhtiIRjJ;ILU JU- CE-k- 1Q.SLL L•h'IL]LU
STACET LILa-fflhO AIM IIH AL- rtMCL., rdCGIxLIS SF•.LL [Jr- r�Ck1'fIGC'� M PArIT
OF THE RFGI?I�F;.OAn;VAV IMPRi7AeFMFIIT-1, F. FC-RIC S?�1C? I IhP-R
' UR S.IHL! I . .S- (PALL U! -QUA ILIJ UNULWI H'O.J'IU.
I F'E Fl AL LOC,111IGRI fd%7 ALIGNMLN 1 0= 1 P'- PH.SS� ' OFF tl" � FRO-%:)%V %Y FACLI'I�R
't L fiC $J[k1CvT -O r r iOvi%_ ()ITr•. i`.I'Y. -.I[ DC ;IOLI A w:i Ci}w 'rtUf,Mh r
TF•E PHA5F - O=Ff1ITF ROk7'o'. - FACT ITIFR SLA. L C ONFt;RM -.3 TH? MOr}- :URRFh-
vll'� HL�J1ti"I:�h�. •.�1+41L C'r• ILiI'� IaLG.J "."I;;h� �11+4__�5'F'L7" Iti}•:I{!: �51"L.kFJ!LL
EX HIBIT D 1 - ROADWAY IM PROVE ME NTS
PHASE 1 ROADWAY
l"ll PELOT0111 VILLAGES OF
iv «....L.T.i.. HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 59
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 69 of 167
I T
j
tj � -
r I
r AL
MIN
ff.
.r
TriE C -LECTOR V WADuoAY IMPROYD) E,1-S SmALL 14CLUDE TI iE r-D_LoVolgU:
I'. �7(31% S I LUZ: -1[3K D- 1 H= [:OL I FC, I UFO W 1417ADVOAV AS 1--- 41:1 F1) VJF4[:H SHAI 1
CC _ )CATCO IN AK ai' FOOT;vIOL RlL�-1--CF=14A, OELKA711) T�, THC CITY AND
W1ICH 3rIALLINIAUCE THE C01437I1,ICT1014 OF 4 CONCRZE -At,=!3 DW!-D 9Y
A LZAt5FD I'd =-IjA%.
2•• . EPJ%1E—ER SlCC TALK—R S- IAL_ DE OOh37RuCTCD ADAC_4— —O GOL_ECTOR 'B-.
3" SI qFF- I I_'irjNU"1ryell Al L L4FJSF1, %1FI;J4NN SHAL. HE LNU'1jL}F13AS NAFZr JF
'I-_ REG�aIRED ROAU,%,Av lmPRCV[.MENT& ELECTW SCRYICE LINES FOR STR11—
M--I-5 3HALL BE LOCATED UKDER ROLJlC6
S—R__T PAVEMIKI -Cyo LErv!3Tr I PI iASE
C0-LCCT0q D 2 i ! 25 0-0 8�1 2'S5 Lt'
(,D. I F{. r{}:? H F Y:S E!-H S:r' wf'.:s I F J
—OTh. 2d•10 LF }
E XH IBIT a2 - lZ:QLLE(;TQR "B" ROADWAY IM PR OVE M E NTS
Il PELOTON VILLAGES OF
HURRICANE GREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 60
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 70 of 167
Il RELOTON
HE 9NAL �OCATKN AND ALY'NMENT OF HE
{]'JEFRtij.;F I:• SAKJ I AFRY HE'NF H _AG11 11 1�_#} SHAL .
DC S .jlw[C:T TC ADDPjC'eA_ Dy TI - C UITf_ T- IC
DESIGN Ah0 G'343-RJGT" OF T-IE OVERSIZED r
SANJ-.AHY F4-01- R FA: l.Irl_S SHAI I {r%:-cFRm io
"III_ MOO- l JKL41=N1 -21.I FRLGLL IJL)NS.
■
AL
N
■claaMa u
maLmigntm-milln
6
FXHIRIT H-' - QVFRSI.7FD AN OFFSITF
EIAN ITARY � FWF R FACIL ITIF
VILLAGES OF 4
HURRICANE CREEK :5w_Kic�;hff'.'
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 61
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 71 of 167
----I r
ti: - 14AL _OCATION AND AUGNP41[F,7 OF -HE '.VAT=R ; AC:ILITIE3 , -
HAI I RF 1.5L)RJFr7 -i) AFFFRL)VA1 zY T-IF {:I-Y, Ti r'.F5J;�V A%Jn ,
ODLAti I RJC I JL}Y {]F r 1 ir= w,L r EH '-NALI- IEt Sl IAL_ u�%& DHM I L
-I _ MO;- OJIi-_�ENT Crrlf REGL _5n0N3_
FTr' r�y
1
JI I
I
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J JII '
0 =
_ I I ti L 17 5 IF xti-71�I - -
- 5 Ly 5l� t
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1795•FG `-• _ j
�•ALIL ItiL 'I I�h MIL'1K
JMi
FCC Hi RAT M - WAT F R FACII ITI F F
+tl �
PELOT014 VILLAGES OF
HURRICANE FLEE
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 62
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12120/2022 12:54 PM Page 72 of 167
EXHIBIT J-3 - MAPS OF IMPROVEMENT AREA #2 IMPROVEMENTS
III 111 Illlllil �
V4! AMA, M*P-AN hk*NIS
3w CE'ST_LcMk
w
PI— ;
It +
I
alAst,
r
I
r
r %
� r �
� r
E AH IBI T C
�Fi IMPROVEMENT AREA #2 Or -SITE STREETS
0O1
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 63
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
m9a�� m�r� ■���7m9��� p■�a�■[m
QJ-LLli[Uli-Jw� Z [
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/ . �
L-773j .o
IMPROVEMENT AREA # 0 SITE SANITARY SEVVER |
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 64
2022 AMENDED AND RESr TEDsRVICEAND ASSESSMENT PLAN
2022 - 2022000178813 12/2012022 12.54 PM Page 74 of 167
� #1l11e 111 LIII11
D {
�JII 11 �11 lii�X� �
r r1 �II�I}II--II1II�111 �
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i
1
PHASE 13
• .{ �U31n+a
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PA
_____________ Ems-ING 3-SYlhJ P9alh
f f y +rr
E xHIBIr E
I�EL T N IMPROVEMENT AREA #2 ON -SITE STORM DRAIN
HURRICA6NE CREEK PUBLIC IMPROVEMENT DISTRIC7
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 65
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 202Z=178813 1212W022 12:54 PM Page 75 of 167
Jill lil W
11i
rug � o
aasrin�
, --ASE ' 3
.f z w r�� I
l
{
/ F'ASt LNE
R�kSc 19
{
EXI57ING'hA-E9 LINE
! � i
EXHI$IT 4:
IMPROVEMENT AREA #2 ON —SITE WATER DISTRIBUTION
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 66
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 76 of 167
EXHIBIT K — FORM OF NOTICE OF PID ASSESSMENT TERMINATION
5
[Date]
Collin County Clerk's Office
Honorable
900 E. Park Blvd.
#140C
Plano, TX 75074
P3Works, LLC
9284 Huntington Square, Ste 100
North Richland Hills, TX 76182
Re: City of Anna Lien Release documents for filing
Dear Ms./Mr. ,
Enclosed is a lien release that the City of Anna is requesting to be filed in your office. Lien release
for [insert legal description]. Recording Numbers: [Plat]. Please forward
copies of the filed documents to my attention:
City of Anna
Attn: [City Secretary]
PO Box 776
120 W. 7th Street
Anna, TX 75409
Please contact me if you have any questions or need additional information.
Sincerely,
[Signature]
P3Works, LLC
(817) 393-0353
Admin@P3-Works.com
www.P3-Works.com
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 67
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 77 of 167
AFTER RECORDING RETURN TO:
[City Secretary Name]
[City Secretary Address]
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU
MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.
FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN
STATE OF TEXAS §
§ NOW ALL MEN BY THESE PRESENTS:
COUNTY OF COLLIN §
THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full
Release") is executed and delivered as of the Effective Date by the City of Anna, Texas, a Texas
home rule municipality.
RECITALS
WHEREAS, the governing body (hereinafter referred to as the "City Council") of the City
of Anna, Texas (hereinafter referred to as the "City"), is authorized by Chapter 372, Texas Local
Government Code, as amended (hereinafter referred to as the "Act"), to create public improvement
districts within the corporate limits and of the City; and
WHEREAS, on or about November 13, 2018, the City Council for the City, approved
Resolution No. 2018-11-506, creating Hurricane Creek Public Improvement District; and
WHEREAS, the Hurricane Creek Public Improvement District consists of approximately
368.2 contiguous acres within the corporate limits of the City; and
WHEREAS, on or about [March 12, 2019], [December 6, 2022], the City Council,
approved Ordinance No. [907-2019], [1025-2022], (hereinafter referred to as the "Assessment
Ordinance") approving an service and assessment plan and assessment roll for the Property within
the Hurricane Creek Public Improvement District; and
WHEREAS, the Assessment Ordinance imposed an assessment in the amount of [amount]
(hereinafter referred to as the "Lien Amount") for the following property: [legal description], a
subdivision in Collin County, Texas, according to the map or plat of record in
Document/Instrument No. of the Plat Records of Collin County, Texas (hereinafter
referred to as the "Property"); and
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 68
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 78 of 167
WHEREAS, the property owners of the Property have paid unto the City the Lien Amount.
RELEASE
NOW THEREFORE, the City, the owner and holder of the Lien, Instrument No. , in
the Real Property Records of Collin County, Texas, in the amount of the Lien Amount against the
Property releases and discharges, and by these presents does hereby release and discharge, the
above -described Property from said Lien held by the undersigned securing said indebtedness.
EXECUTED to be EFFECTIVE this the day of , 20_
CITY OF ANNA, TEXAS,
A Texas home rule municipality,
By:
[Manager Name], City Administrator
ATTEST:
[Secretary Name], City Secretary
STATE OF TEXAS §
COUNTY OF COLLIN §
This instrument was acknowledged before me on the day of , 20_, by [City
Manager], City Administrator for the City of Anna, Texas, a Texas home rule municipality, on
behalf of said municipality.
Notary Public, State of Texas
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 69
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 79 of 167
EXHIBIT L-1- DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #1 BONDS
DEBT SERVWE REQUIREMENTS
The following table sets Forth the anticipated debt service regLiircmcnts for the Bonds:
Year Ending
(September 1)
Principal
Interest
Total
2019
S 199.957.19
S 199.957.19
2020
470.48 7.50
470.48 7.50
2021
S 105.0W.00
470,487.50
575.487.50
2022
1 10.000.00
464.450.W
574.450.00
2023
1 15.0W.00
458.125.00
573.125.00
2024
125.000.00
451.512.50
576.512.50
2025
130.000.00
444.325.00
574.325.00
70245
135.0U0.00
436.850.W
571.8 50.00
2027
145.000.00
429.0H 7.50
574.0H 7.50
2028
155.000.00
420.750.00
575.750.00
2029
165.0W.00
41 1.837.50
576.837.50
2030
170.000.00
402.350.00
572.350.00
2031
1 k5.000.00
391.300.00
576.300.00
2032
195.0IK1.00
379.275.00
574.275.00
2033
210.000.00
366.60D.00
576.60D.00
2034
220.0W.00
352.950.00
572.950.00
2035
235.000.00
338.650.00
573.650.00
2036
250.000.00
323.375.00
573.375.00
2037
270.0W.00
307.125.00
577.125.00
2038
2H5.000.00
2H9.575.00
574.575.00
2039
305.000.00
271.050.00
576.050.00
2(14{)
323.0W.00
251.225.m
576.225.00
2041
350.000.00
230.100.00
580.100.00
2042
370.000.00
207.350.00
577.350.00
2043
395.0D0.00
183.300.00
578.300.00
2044
425.000.00
157.625.00
582.625.00
2045
450.0W.00
130.0[I0.00
5 k0.0U0.00
2046
4H 5.000.00
100. 750.00
5X5.750.00
2047
515.000.00
69.225.00
584.225.00
7048
5 50.0U0.0D
35.750.00
585.750.00
Total
[R-EMAIitiDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 70
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 80 of 167
EXHIBIT L-2 - DEBT SERVICE SCHEDULE FOR MAJOR IMPROVEMENT AREA
BONDS
DEBT SERVICE REQUIREMENTS
The following table sets Forth the antic ipatcd debt scrvicc roquircments for the Bonds:
Year Ending
(September 1)
Principal
Interest
Total
2019
-•
$ 99,705.00
$ 99,705.(})
2020
-.
234,600.00
234,600.00
2021
-•
234,600.00
234,600.00
2022
$ 55.{)0[).D[)
234,600.00
289,4500_(X)
2023
60.{)0[). D{)
231,300.00
291,300_(X)
2024
60.{)0[). D{)
227,700.00
287,700_(X)
2025
65.{)0[). D{)
224,100.00
289,100_(X)
2026
70.{)0[). D{)
220,200.00
290 Y00_(X)
2027
70.{)0[).D{)
216,(X)0.00
296,000_N)
2028
75.
211,800.00
2F,6,800_(X)
2029
80,{)0[). D{)
207,300.00
287,300_(X)
2030
8 5.{)0[). D{)
202,500.00
287,500_(X)
2031
90,{)0[). D{)
196,762.50
286,762.50
2032
95.{)0[). D{)
190,687.50
285,687.50
2033
1 W,()00. (X)
184,275.(X)
284?75. (X)
2034
105"000.00
177,525. (X)
282.525. (X)
2035
115"000.00
170,437.50
285,437.50
2036
120"(W.()0
162,675. (X)
282,675. (X)
2037
130,00D.()0
154, 575. (X)
284, 575. D()
2038
140,000.00
145, 80D. (i)
285, 80D. N)
7039
150.000.()0
136. 350.(X)
280, 350.(X)
2040
155.0D0.()0
1245?25. (X)
281225. D[)
2041
170,0D0.()0
115, 762.50
285, 762.50
2042
180,0D0.()0
1 D4?87.50
284?97.50
2043
190.0D0.()0
92,137.50
282,137.50
2044
205.0D0.()0
79, 312.50
284, 312.50
2045
220.0(X).()0
65.475. (X)
285.475. (X)
2046
2 35.0D0.00
50,625. (X)
285,625. (X)
2047
2 50.0(X).()0
34, 762.50
284, 762.50
2048
265,0D0.()0
17, 887.50
282, 887.50
Total
[R-EMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 71
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 81 of 167
EXHIBIT L-3 - DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #2 BONDS
HilitopSecurities t�
.4 HiIMP �N1nps tamrrr/
BOND DEBT SERVICE
City of Anna, Texas
Special Assessment Revenue Bands, Series2022
(Hurricane Creek Public Improvement district Improvement Area #2 Project)
Callable on 9JI12032 @ par
FINAL NUMBERS
Underwriter_ FMSbonds, Inc
Pe nod
Annual
Ending
Principal
Coupon
Interest
Debt Service
Debt Service
09101J2023
d1100.72
411,480.72
09130J202 3
411,4G0.? Z
03101{2024
307,330.00
307,330.00
09101f2024
15l.BW
5.00A
307,330.00
45M30.00
09130J2024
765,660.00
03101J2025
303.555.00
303,555.c0
09101{2025
158,000
5.oco%
303,555.00
461,555.00
09130J2025
765,110.c0
03101J2026
299,605.00
299,605.c0
09101J2026
166,000
S_0cm
299,605.00
46S,605.c0
09130J2026
765,210.00
03101J2027
Z95AS5.Cr0
Z95,455.00
09MV2027
175.000
5.0cm
295,455.00
470,455.00
09130J2027
765,91c.c0
03101J2028
291,c80.00
291,080.00
09101J2028
183,000
5.00A
291,080.00
474,080.00
09130J2028
765,160.00
03101J2029
Z86,S05.09
Z86,505.c0
09101J2029
193,000
5.750%
286,505.00
479,505.c0
09130J2029
766,010.c0
03101J2030
280,956.25
280,956.25
09101J2030
204.000
S_7SCH6
280,9S6.25
484,9S6.25
09130J2030
765,912.50
02101J2031
27S,091.25
27S,091.25
0910UZ031
216,0c0
S_7SCH6
27S,091.25
491.091.25
09130J203i
M6,182.S0
03101J2032
268,881.25
268,881.25
09101J2032
228,000
S_7SCH6
269.891.25
496,881.25
09130f2032
765.762.S0
03101J2033
262,326.25
262,326.25
09101J2033
241,000
5.750%
262,326.25
503,326.25
09130J2033
765,652.S0
03101f2034
25S,397.50
25S.397.S0
09101J2034
256,000
S_7SCPA
25S,397.50
511,397.S0
09130J2034
766,795.c0
03101J2035
249,037.50
248,037.S0
09101J2035
270,000
S_7SCH6
249,037.50
518,037.S0
09130J2035
M6,07S.00
03101J2036
240,275.00
240,275.c0
09MV2036
286,0c0
5.75CPA
240,275.00
526,275.00
09130f 2036
766.550.c0
03101J2037
232,0S2.50
232,0SZ.S0
09101J2037
303,000
5.75CPA
232,052.50
535,05Z.50
0913W2037
767,205.00
03101J2038
223,341.25
223,34L.25
09101J2038
321,000
5.75M
223,341.25
544,341.25
09130J2038
767,6$2.50
Dec 13, 2022 11:55 am Prep2red by Hilltop SECUfItiES Ir1C_ (eat)
Page 7
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
72
2022 - 2022000178813 12/20/2022 12:54 PM Page 82 of 167
HilltopSecuri Lies
A FW4op W►in4s Campw'*k
BOND DEBT SERVICE
City of Anna, Texas
Special Assessment Revenue Bands, Series 2022
(;Hurricane
Creek Public Improvement district I m p rove m ent Are a #2 Project]
Cal Iableon 9J1f2032 @ par
FINAL NUMBERS
Underwriter_ FMSbonds, Inc.
Perwd
Annual
Ending
Principal Coupon Interest Debt Service Debt Service
03MV2039
214.112.50
214,212.50
09MI1 2039
340,000
5.75C%
214,112.50
554,112.50
09J3OJZ039
768,225.00
03JO112040
204.337.50
204,237.50
09JO1J2040
360,000
5.75C%
204.337.50
564,237.50
09J30J2040
768,675.00
03JO112041
193.987.50
193,987.50
09JO1J2041
382.000
5.75C%
193,987.50
575,997.50
09J30J2041
769,975.00
0310112042
183,005.00
183,005.00
09JO1J2042
404.000
5.75C%
183,005.00
587,005.00
09J30/2042
770,O10.w
03101/204 3
171,390.00
171,390.00
09JO1J2043
429.000
6.0w%
171,390.00
599,290.00
09J30JZ043
770,780.00
03JOIJ2044
159.550.00
15E,550.W
09JOIJ2044
455.000
6.0w%
158,550.00
613,550.00
09J30J2044
772,100.00
03JOIJ2045
144.900.00
144,900.00
09JOIJ2045
483.000
6.0w%
144.900.00
627,900.00
09J30JZ045
772,800.00
03JOIJ2046
130.410.00
130,410.00
09JO1J2046
514,000
6.0w%
130.410.00
644,410.00
09J30J2046
774,820.00
03JOIJ2047
114,990.00
L14,990.00
09JO1J2047
546,000
6.0w%
114,990.00
660,990.00
09J30JZ047
775,980.00
03JOIJ2049
99.610.00
98,610.00
09JO1J2049
580.000
6.OW%
99.610.00
678,610.00
09J3012048
777,220.00
03JOIJ2049
81.210.00
81,210.00
09JO1J2049
616,000
6.OW%
81.210.00
697,210.00
09J30/2049
778,420.00
03 W205O
62.730.00
62,730.00
09iW205O
655.000
6.OW%
62.730.00
717,730.00
09130/2050
780,460.00
03JO1JZ051
43.090.00
43,090.00
09J01/2051
696,000
6.0w0!;
43,080.00
739,080A0
09130/2051
782,260.00
03iWZ052
22.200.00
22,200.00
09JOIJ2052
740,000
6.0w0&
22,200.00
762,200.00
09J30/2052
704,400.00
10,550,000
12,299,293.22
22,748,283.22
22,748,283.22
Dec 13, 2022 11:55 am Prepared by Hilltop SeCLIFWES Inc. (eaa)
Page S
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
73
2022 - 2022000178813 12/20/2022 12:54 PM Page 83 of 167
EXHIBIT M-1- DISTRICT BOUNDARY DESCRIPTION
BEING all that certain tract of land situated in then Joseph Boyle Survey, Abstract
Number 105, the John Coffman Survey, Abstract Numb-er '97the J. M. Kincade5urveyrr
Ab5t-art Number SO J. W. hl4ittheI Sunmey, Abstract Numk.er 565 the W. Rattan
Survey, Abstract Number 752 and the T. Rattan Surw,ey, Abstract Number 785, Collin
LaurLy, I exas and being all of a called Lb1.71 ar:re lraCL as described try deed to
Villages 0f HUrrivanP, Creek, LP recorded in Vol Ume 5430. Pagga, 9864Of Cpunty
Recceds, Col linCounty, Texas and beingoartof a called 114.252 acre of landdescribE-d
by deed La Dan Collins, eL al rerirrded in Volume 5257, Page 4377 of saidCbunly
Records and bein8 more particLdarlyr described by metes and bounds as follows!
BEGINNING at the southeast rcrner of said 262.41 acre tract, in the west line of said
114.252 acre tract:
THENCE S B9'54'24'4W, 2687.94 Feet;
THENCE N 00'04' 27" 4W, 387.21 feet;
THENCE N 89'59'14"Vv, 849.21 feet;
THENCE N 03'33'44"E, 1188.DDfee L,
THENCE N 88-26'26"VW, 365.25 feet, -
THENCE N 23'09'27"bV, 67.47 feet;
THENCE N 02'4S'15"E, 1934.31 feet;
THENCE N 89'52'55"F, 465.63feet,
THE N 89'15'32"E, 742.56tet;
THENCE 5 91)r04'00"E, 1755.97 feet to the northeast Corner of said 262.41 acre tract of
Iancl and being the northwest Corner of said 114.752 acre ;raft;
THENCE N 89'11'00"E, 794.06 f=et;
THENCE 5 00i`14'57"LW, 232.18 feet;
THENCE N 89'56'17"F, 1184.35feet;
THE S 01`06'39"E, 55.96 feet to the beginning of a curie to the right;
THENCE With Bald cUFVu to t h u ribhtr an L3rc distance a 205.39 fuck, through L3 ccntrul
anPIe of t fi'48'41 ", hating a radius of 700.CO feet, the long chord which bears 5
07 17'41"W, 204.65 feet:
THENCE S 1SrA2'02"4W, 121.{i0 feet;
THENCE with said curvy ro the left, an arc di5tanoe of 2Q5.59 feet, thrgU h a fentr,3l
ankle of 16'48'41", having a radius of 700.00 feet, the long chard which bears S
07 17'4I-W, 2D4.65 feet;
THENCE 5 01'(r6'39-E, 201.55 feet;
THENCE with said curve to the right, are arc distance of 116.43 feet, through a central
angleaI05'31'l9", hawing a radius of 699.�9 feet, the lor,gchord which bears S
03"33151h, 116.30 feet;
THENCE S 08r25'09'W, 393,80 feet;
THFNCT wiry, cam rirrwa rr, Iho lair. ar,arr. riigmritp r,f 1fl1 M4 Fop1 rhrniiph AtPniral
angle of 0$'19'23", havir%p a radius of 700.D3 feet, the long chord which bears 5
04'1 i' 28-W, 101.60 feet,
THENCE 5 0Dr05'44"LW, 1D35.162 Feet;
THENCE with said curve to the right, an arr distance of SM.61 fe t, thrnugh a C.entraI
angle of 43'25'52", having a radius of 700.00 feet, the long chard which bears S
2 A1,40"U4, S18.09 feet;
THENCE S 43'31'37"W, 241.39 feet;
THENCE with said curve to the right, an arc distance of 25.41 feet, throuEh a central
angle of 00'02'48". Ilaving a rdtliu5 bf 400.DDfiMt, the Ibr,g616tel which b,ar!� 5
43"4-Y02"W, 25.41 feet;
THENCE N 89°44' 50"bV, 655.06 feet;
THENCE S OD'56'11"E, 265.50 feat m tha Paint of Beginning and containing 15,037,37R
square Feet or 368.2 acres of land more or less,
,!T REL T N
III l h N 0 I. l w T I o M s
EXHIBIT Al -METES AND BOUND
VILLAGES F
HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 74
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
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EXHIBIT M-2 - IMPROVEMENT AREA #1 BOUNDARY DESCRIPTION
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffman Survey,
Abstract Number 197, Collin County, Texas and being part of that tract of land described in deed
to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of the
Official Public Records of Collin County, Texas and being more particularly described as follows:
BEGINNING at a 5/8" iron rod found for the northeast corner of a remainder tract WBK Partners,
LTD recorded in Volume 4292, Page 27 of said Official Public Records and the easternmost
southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 88058'27" W, 1,910.63 feet with the south line of said CADG tract to a 5/8" iron rod
with plastic cap stamped "PELOTON" set;
THENCE departing said south line of the CADG Hurricane Creek, LLC tract, N 00015'27" E, 421.11
feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46°18'49" E, 320.76 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43°41'11" W, 120.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S46°18'49" W, 117.06 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43°41'11" W, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46°18'49" E, 145.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43°41'11" W, 120.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46°18'49" E, 570.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43041'11" W, 170.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46018'49" E, 2.17 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set to
the beginning of a curve to the right;
THENCE, with said curve to the right, an arc distance of 47.91 feet, through a central angle of
05054'13", having a radius of 465.00 feet, the long chord bears N 49015'56" E, 47.89 feet to a 5/8"
iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43041'11" W, 163.78 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 75
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THENCE N 46018'49" E, 259.23 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 89013'07" E, 741.15 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 23°12'58" E, 16.58 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 89°13'07" E, 140.84 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 59°26'33" E, 195.37 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 89°13'07" E, 731.48 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 00°46'53" E, 284.46 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 89°13'07" E, 525.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 00°46'53" E, 460.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 89013'07" W, 170.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 01032'35" W, 138.83 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 03056'49" W, 63.28 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 20040'36" W, 64.06 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 34031'32" W, 64.92 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 56029'24" W, 66.49 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 55011'09" W, 70.72 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 33°07'12" E, 131.90 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 36°16'47" E, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 53°43'13" W, 1.72 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 36°16'47" E, 163.61 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set in
the east line of said CADG Hurricane Creek, LLC. Tract at the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 61.57 feet, through an angle of 05°02'21",
having a radius of 700.00 feet, and a long chord which bears S 56°44'35" W, 61.55 feet to a 5/8"
iron rod with plastic cap stamped "PELOTON" set;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 76
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 86 of 167
THENCE S 59001'02" W, 294.65 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 89021'12" W, 420.50 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 01°31'10" E, 184.67 feet to the POINT OF BEGINNING and containing 4,015,625 square
feet or 92.186 acres of land, more or less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 77
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
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EXHIBIT M-3 - MAJOR IMPROVEMENT AREA BOUNDARY DESCRIPTION
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffman Survey,
Abstract Number 197, Collin County, Texas and being part of that tract of land described in deed
to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of the
Official Public Records of Collin County, Texas and being more particularly described as follows:
BEGINNING at the southernmost southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 89054'24"W, 2,687.84 feet;
THENCE N 00004'27"W, 387.21 feet;
THENCE N 89058'14"W, 849.21 feet;
THENCE N 03°33'44"E, 1,188.00 feet;
THENCE N 88°26'26"W, 365.15 feet;
THENCE N 23°08'27"W, 67.47 feet;
THENCE N 02°48'15"E, 1,930.31 feet;
THENCE N 89°5255"E, 465.63 feet;
THENCE N 89°15'32"E, 742.56 feet;
THENCE S 90°00'00"E, 1,755.97 feet;
THENCE N 89°11'00"E, 794.06 feet;
THENCE S 00010'57"W, 232.18 feet;
THENCE N 89056'12"E, 1184.36 feet;
THENCE S 01006'39"E, 55.96 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 205.39 feet, through a central angle of
16048'41", having a radius of 700.00 feet, the long chord which bears S 07017'41"W, 204.65 feet;
THENCE S 15042'02"W, 121.60 feet to the beginning of a curve to the left;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 78
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THENCE with said curve to the left, an arc distance of 205.39 feet, through a central angle of
16°48'41", having a radius of 700.00 feet, the long chord which bears S 07017'41"W, 204.65 feet;
THENCE S 01006'39"E, 201.55 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 116.43 feet, through a central angle of
09°31'48", having a radius of 699.99 feet, the long chord which bears S 03°39'15"W, 116.30 feet;
THENCE S 08°25'09"W, 393.86 feet to the beginning of a curve to the left;
THENCE with said curve to the left, an arc distance of 101.69 feet, through a central angle of
08°19'23", having a radius of 700.03 feet, the long chord which bears S 04°15'28"W, 101.60 feet;
THENCE S 00°05'44"W, 1035.62 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 530.61 feet, through a central angle of
43°25'52", having a radius of 700.00 feet, the long chord which bears S 21°48'40"W, 518.00 feet;
THENCE S 43031'37"W, 241.38 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 25.41 feet, through a central angle of
00002'48", having a radius of 400.00 feet, the long chord which bears S 43°40'02"W, 25.41 feet;
THENCE N 89044'50"W, 655.06 feet;
THENCE S 00056'11"E, 265.80 feet to the Point of Beginning and containing 16,037,378 square
feet or 368.2 acres of land more or less.
SAVE AND EXCEPT
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffman Survey,
Abstract Number 197, Collin County, Texas and being part of that tract of land described in deed
to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of the
Official Public Records of Collin County, Texas and being more particularly described as follows:
BEGINNING at the southernmost southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 88°58'27" W, 1,910.63 feet;
THENCE N 00°15'27" E, 421.11 feet;
THENCE N 46°18'49" E, 320.76 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 79
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THENCE N 43041'11" W, 120.00 feet;
THENCE S46018'49" W, 117.06 feet;
THENCE N 43°41'11" W, 50.00 feet;
THENCE N 46°18'49" E, 145.00 feet;
THENCE N 43°41'11" W, 120.00 feet;
THENCE N 46°18'49" E, 570.00 feet;
THENCE N 43°41'11" W, 170.00 feet;
THENCE N 46°18'49" E, 2.17 feet to the beginning of a curve to the right;
THENCE, with said curve to the right, an arc distance of 47.91 feet, through a central angle of
05°54'13", having a radius of 465.00 feet, the long chord bears N 49°15'56" E, 47.89 feet;
THENCE N 43041'11" W, 163.78 feet;
THENCE N 46018'49" E, 259.23 feet;
THENCE N 89013'07" E, 741.15 feet;
THENCE S 23012'58" E, 16.58 feet;
THENCE N 89013'07" E, 140.84 feet;
THENCE N 59026'33" E, 195.37 feet;
THENCE N 89013'07" E, 731.48 feet;
THENCE S 00°46'53" E, 284.46 feet;
THENCE N 89°13'07" E, 525.00 feet;
THENCE S 00°46'53" E, 460.00 feet;
THENCE S 89°13'07" W, 170.00 feet;
THENCE S 01°32'35" W, 138.83 feet;
THENCE S 03°56'49" W, 63.28 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 80
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 90 of 167
THENCE S 20040'36" W, 64.06 feet;
THENCE S 34031'32" W, 64.92 feet;
THENCE S 56°29'24" W, 66.49 feet;
THENCE S 55°11'09" W, 70.72 feet;
THENCE S 33°07'12" E, 131.90 feet;
THENCE S 36°16'47" E, 50.00 feet;
THENCE S 53°43'13" W, 1.72 feet;
THENCE S 36°16'47" E, 163.61 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 61.57 feet, through an angle of 05°02'21",
having a radius of 700.00 feet, and a long chord which bears S 56°44'35" W, 61.55 feet;
THENCE S 59001'02" W, 294.65 feet;
THENCE S 89021'12" W, 420.50 feet;
THENCE S 01031'10" E, 184.67 feet to the POINT OF BEGINNING and containing 4,015,625 square
feet or 92.186 acres of land, more or less.
"This document was prepared under 22 TAC 663.21, does not reflect the results of an on the
ground
survey, and is not to be used to convey or establish interests in real property except those rights
and
interests implied or established by the creation or reconfiguration of the boundary of the political
subdivision for which it was prepared."
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 81
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EXHIBIT M-4 - IMPROVEMENT AREA #2 BOUNDARY DESCRIPTION
Phase 2 LEGAL DESCRIPTION:
BEING THAT CERTAIN TRACT OF LAND SITUATED IN THE J. BOYLE SURVEY, ABSTRACT NUMBER
105 AND THE W.S. RATTAN SURVEY, ABSTRACT NUMBER 752, COLLIN COUNTY, TEXAS, BEING A
PORTION OF THAT TRACT OF LAND DESCRIBED IN DEED TO CADG HURRICANE CREEK, LLC
KNOWN AS TRACT 2 RECORDED IN INSTRUMENT NUMBER 201505290000631020 OF THE
OFFICIAL PUBLIC RECORDS OF COLLIN COUNTY, TEXAS (O.P.R.C.C.T.) AND BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING AT A 1/2 INCH IRON ROD FOUND IN THE SOUTH LINE OF A TRACT OF LAND TO MM
ANNA 325, LLC TRACT 1 RECORDED IN INSTRUMENT NUMBER 20190411000386110 AND BEING
THE NORTHWEST CORNER OF ONE ANNA TWO ADDITION RECORDED IN INSTRUMENT NUMBER
20210607010002180 OF SAID O.P.R.C.C.T.
THENCE DEPARTING THE SOUTH LINE OF SAID MM ANNA TRACT FOLLOWING THE WEST LINE OF
SAID ONE ANNA TWO ADDITION TRACT AND BEING THE WEST LINE OF STANDRIDGE BOULEVARD
(A CALLED 80' RIGHT-OF-WAY) THE FOLLOWING BEARINGS AND DISTANCES:
S 02° 05' 48" E, 55.77 TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258" FOUND
AND THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 205.60 FEET, THROUGH A
CENTRAL ANGLE OF 16° 49' 44", HAVING A RADIUS OF 700.00 FEET, AND A LONG CHORD
WHICH BEARS S 060 27' 08" W, 204.87 FEETTO A 1/2 INCH IRON ROD WITH CAP STAMPED
"GEER 3258" FOUND;
S 14° 47' 37" W, 121.39 FEET TO A 1/2 INCH IRON ROD FOUND AND THE BEGINNING OF
A CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 205.59 FEET, THROUGH A CENTRAL
ANGLE OF 160 49' 39", HAVING A RADIUS OF 700.00 FEET, AND A LONG CHORD WHICH
BEARS S 060 28' 09" W, 204.85 FEET TO A 1/2 IRON ROD WITH CAP STAMPED "GEER 3258"
FOUND;
S 020 00' 44" E, 201.29 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258"
FOUND AND THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 116.43 FEET, THROUGH A
CENTRAL ANGLE OF 090 31' 48", HAVING A RADIUS OF 699.99 FEET, AND A LONG CHORD
WHICH BEARS S 020 49' 59" W, 116.30 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED
"GEER 3258" FOUND;
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S 07° 36' 10" W, 394.08 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258"
FOUND AND THE BEGINNING OF A CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 101.69 FEET, THROUGH A CENTRAL
ANGLE OF 080 19' 23", HAVING A RADIUS OF 700.03 FEET, AND A LONG CHORD WHICH
BEARS S 030 23' 47" W, 101.60 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER
3258" FOUND;
S 00° 46' 53" E, 187.26 FEET TO THE NORTHEAST CORNER OF THE VILLAGES OF
HURRICANE CREEK, PHASE 1 RECORDED IN INSTRUMENT NUMBER 2021012000126700
OF SAID O.P.R.C.C.T;
THENCE FOLLOWING THE NORTH LINE OF SAID HURRICANE CREEK, PHASE 1 THE FOLLOWING
BEARINGS AND DISTANCES:
S 89° 13' 07" W, 1,391.48 FEET;
S 590 26' 33" W, 165.35 FEET;
THENCE DEPARTING SAID NORTH LINE OF SAID HURRICANE CREEK, PHASE 1 OVER AND ACROSS
SAID TRACT 2 THE FOLLOWING BEARINGS AND DISTANCES:
N 00° 46' 53" W, 38.33 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 111.87 FEET, THROUGH A
CENTRAL ANGLE OF 12° 49' 11", HAVING A RADIUS OF 500.00 FEET, AND A LONG CHORD
WHICH BEARS N 05° 37' 43" E, 111.64 FEET;
N 12° 02' 18" E, 192.23 FEETTO THE BEGINNING OF A CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 748.78 FEET, THROUGH A CENTRAL
ANGLE OF 58° 46' 11", HAVING A RADIUS OF 730.00 FEET, AND A LONG CHORD WHICH
BEARS N 17° 20' 48" W, 716.38 FEET;
N 46° 43' 54" W, 32.41 FEET;
N 46° 18' 49" E, 276.60 FEET;
N 32° 16' 49" E, 500.47 FEET;
THENCE N 89° 04' 42" E, 1382.63 FEETTO THE POINT OF BEGINNING AND CONTAINING 2,449,716
SQUARE FEET OR 56.238 ACRES MORE OR LESS.
Phase 1B Legal Description
Tract 1
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 2 in deed to CADG Hurricane
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 83
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Creek LLC recorded in Instrument Number 20150529000631020 of the Official Public Records,
Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds
as follows:
BEGINNING at a 1/2" iron rod with cap stamped GEER 3258 found in the east line of said Tract 2
to CADG Hurricane Creek LLC AND being the most easterly southeast corner of The Villages of
Hurricane Creek Phase 1 recorded in Instrument Number 20201015010003920 of said
(O.P.R.C.C.T.);
THENCE following the east property line of said Villages of Hurricane Creek the following bearings
and distances:
found;
found;
found;
N 36° 16' 46" W, 163.61 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
N 53° 43' 13" E, 1.72 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 36° 16' 47" W, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 33° 07' 12" W, 131.90 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
N 55° 11' 09"
E, 70.72 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON"
found;
N 56° 29' 24"
E, 66.49 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON"
found;
N 34° 31' 32"
E, 64.92 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON"
found;
N 20° 40' 36"
E, 64.06 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON"
found;
N 03° 56' 49"
E, 63.28 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON"
found;
N 01° 32' 35"
E, 138.83 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON"
found;
N 89° 13' 07"
E, 170.00 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON"
found;
N 00° 46' 53"
W, 410.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
N 890 14' 17" E, 135.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found
in the east line of said Tract 2;
THENCE S 000 46' 53" E, 513.44 feet to the beginning of a curve to the right to a 1/2" iron rod
found;
THENCE with said curve to the right, an arc distance of 671.13 feet, through a central angle of 54°
55' 58", having a radius of 700.00 feet, and a long chord which bears S 26' 43' 03" W, 645.72 feet
to the POINT OF BEGINNING and containing 251,915 square feet or 5.783 acres of land more or
less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 84
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Tract 2
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 2 in deed to CADG Hurricane
Creek LLC recorded in Instrument Number 20150529000631020 of the Official Public Records,
Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds
as follows:
BEGINNING at a 5/8" iron rod with plastic cap stamped "PELOTON" found in the east line of said
Tract 2 and the most easterly northeast corner of The Villages of Hurricane Creek Phase I
recorded in Instrument Number 20201015010003920 of said (O.P.R.C.C.T.);
THENCE S 890 13' 07" W, 660.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
found;
THENCE N 000 46' 53" W, 284.46 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
found;
THENCE N 89° 13' 08" E, 660.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set
in the east line of said Tract 2;
THENCE S 00° 46' 53" E, 284.46 feet to the POINT OF BEGINNING and containing 187,742 square
feet or 4.310 acres of land more or less.
Tract 3
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 1 in deed to CADG Hurricane
Creek LLC recorded in Instrument Number 20150529000631020 of the Official Public Records,
Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds
as follows:
COMMENCING at a 5/8" iron rod found for the northeast corner of a remainder tract WBK
Partners, LTD recorded in Volume 4292, Page 27 of said Official Public Records and the
easternmost southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 88058'27" W, 842.56 feet;
THENCE departing said south line of the CADG Hurricane Creek, LLC tract, N 01°01'33" W, 218.10
feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set to THE POINT OF BEGINNING;
THENCE N 03° 24' 07" W, 121.40 feet to the beginning of a curve to the left to a 5/8" iron rod
with plastic cap stamped "PELOTON" found;
THENCE with said curve to the left, an arc distance of 248.93 feet, through a central angle of 15'
25' 09", having a radius of 925.00 feet, and a long chord which bears N 76° 44' 47" E, 248.18 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 85
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THENCE following the south right of way line of Hidden Valley Drive of said Villages of Hurricane
Creek the following bearings and distances:
N 69° 02' 12" E, 64.84 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 69° 02' 12" E, 90.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE following the west right of way line of Shadybrook Trail of said Villages of Hurricane
Creek the following bearing and distance:
S 20° 57' 48" E, 120.08 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 680 55' 33" W, 161.45 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 71° 32' 50" W, 95.74 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 77° 06' 00" W, 90.37 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 82° 06' 18" W, 93.25 feet to the POINT OF BEGINNING and containing 50,814 square
feet or 1.167 acres of land more or less.
Tract 4
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 1 in deed to CADG Hurricane
Creek LLC recorded in Instrument Number 20150529000631020 of the Official Public Records,
Collin County, Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds
as follows:
BEGINNING at a 5/8" iron rod with plastic cap stamped "PELOTON" found for southwest corner
of Block M, Lot 4 in a tract of land referred to as Tract 1 recorded in said Official Public Records
for said CADG Hurricane Creek, LLC tract and having a Northing of 7180087.9589' and Easting of
2549759.9701';
BEGINNING at a 5/8" iron rod with plastic cap stamped "PELOTON" found for the most easterly
southeast corner of a tract of land referred to as Tract 1 recorded in said Official Public Records
and the easternmost northeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 46° 18' 49" W, 250.44 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON" set;
THENCE N 43' 41' 11"
W, 55.84 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON" set;
THENCE N 860 55' 45"
W, 15.00 feet to a 5/8" iron rod with plastic cap stamped
"PELOTON" set;
THENCE N 630 16' 55"
W, 153.10 feet to a 5/8"
iron rod with plastic cap stamped
"PELOTON" set;
THENCE N 430 41' 11"
W, 480.00 feet to a 5/8"
iron rod with plastic cap stamped
"PELOTON" set;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 86
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THENCE N 460 18' 49" E, 115.13 feet to the beginning of a curve to the right;
With said curve to the right, an arc distance of 105.54 feet, through a central angle of 122° 40'
26", having a radius of 50.00 feet, and a long chord which bears N 010 33' 11" W, 87.75 feet to a
5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43' 40' 57" W, 113.93 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46' 18' 49" E, 540.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 43° 40' 57" E, 120.00 feet; to a 5/8" iron rod with plastic cap stamped "PELOTON" set
THENCE N 460 18' 49" E, 171.01 feet to the beginning of a curve to the right;
With said curve to the right, an arc distance of 117.81 feet, through a central angle of 890 59' 58",
having a radius of 75.00 feet, and a long chord which bears S 880 41' 11" E, 106.07 feet to a 5/8"
iron rod with plastic cap stamped "PELOTON" set;
THENCE S 430 41' 11" E, 217.47 feet to the beginning of a curve to the left;
With said curve to the left, an arc distance of 47.91 feet, through a central angle of 050 54' 13",
having a radius of 465.00 feet, and a long chord which bears S 490 15' 49" W, 47.89 feet to a 5/8"
iron rod with plastic cap stamped "PELOTON" found;
THENCE S 460 18' 49" W, 2.17 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 43° 40' 57" E, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 43° 41' 17" E, 120.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
(THENCE S 43° 41' 11" E, 170.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
found;)
THENCE S 460 18' 49" W, 570.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
found;
THENCE S 430 41' 11" E, 120.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 460 18' 49" W, 145.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
found;
THENCE S 430 41' 11" E, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE N 46° 18' 49" E, 117.05 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
found;
(THENCE N 46° 18' 49" E, 117.06 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
found;)
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 87
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THENCE S 430 41' 11" E, 120.00 feet to the POINT OF BEGINNING and containing 570,152 square
feet or 13.089 acres of land more or less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 88
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APPENDIX A - IMPROVEMENT AREA #2 ENGINEER'S REPORT
_ P E LOTO N FOFFICE
11000 1000 Frisco 00
Suite 400
III L A N D S O L U T I O N S Frisco, Texas 75033
461.213.1800
TBPLS 10194468
October 28, 2022
Engineer's Report
Hurricane Creek Public Improvement District
Hurricane Creek Phase 1 B & 2
NW Corner of US 75 & W White St
City of Anna
Introduction: The Sherley Tract PID #2 (Hurricane Creek Phases 1 B & 2) is a single-family
development consisting of approximately 340 single-family residential homes, over
approximately 69.1 Ac. as depicted on Exhibit A. The parcel is located at the Northwest
corner of US Highway 75 and W White St (FM 455); it is directly adjacent to the existing Villages
at Hurricane Creek Phase 1 development. This Engineer's Report includes the documents
requested by the City of Anna for the formation of the Public Improvement District (PID) and
the issuance of bonds by the City. Bonds are anticipated to be used to finance public
infrastructure projects vital for the development within the PID.
Development Costs: An Engineer's Opinion of Probable Cost has been prepared for all on -site
and off -site infrastructure (Exhibit B).
Development Improvements: Development Improvements have been classified Direct
Improvements and Private Costs. Direct Improvement items will be included in the PID.
Direct Improvements for Improvement Area #2 (Phases 1 B & 2 of the development) are shown
on Exhibits C through G.
Development Schedule: Entitlements are in place for the project; Phase 1 B & 2 construction
plans have been approved by the City. Utility construction commenced in April 2022 and final
acceptance is anticipated in April 2023.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 89
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
i►41i►i►a+i�liSi�.1:ISLE'isTiKiiii+lf+.i�)f+i�%i+ii+.i[+^�1�7�■kTr.�skni I�i[�l
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EXISTING j
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/
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EXHIBIT A o zsa' soo' 910 e
PELOTON IMPROVEMENT AREA #2 CONCEPT PLAN
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 90
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OPINION OF PROBABLE COST
Hurricane Creek Phase 1 B & 2
City of Anna & Anna ETJ, Catlin County, Texas
C EN 180D1
340 TOTAL LOTS Prepared For: MM Anna 325, LLC
69.1 SINGLE FAMILY ACRES [NET] Dare: October26,2022
File Name, CEN13023.01 B CITO
Prepared by: MPPIAHB
Checked by: MPP
CONSTRUCTION COSTS
SUMMARY Direct Casts
Private Costs
Total Costs
DESCRIPTION Phase 1B
Phase 2
Total
Phase 16
Phase 2
Total
1 - Earihvunrk
2 - Retaining Walls
$0
5o
$213,439
$0
$213,439
$D
$27,200
$0
$396,388
So
$423,513B
$0
$637,027
5o
3-Water
4- Sanitary Sewer
$230,788
$171,918
$870,461
$1,051,540
$1,101,249
$1,223,558
$0
$0
$0
$o
$0
$0
$1,101,249
$1,223,558
5-Storm
$144,330
$632,664
$776,994
$0
$0
$0
$776,994
6-Paving
$641,563
$1,691,061
$2,332,614
$0
$o
$o
$2,332.614
7 -Street Lights & Signs
$12,182
$9,335
$21,517
$0
$o
$0
$21,517
8-Screen Walls& Entry Monument
$o
$0
$0
$0
$o
$0
So
9 - Landscaping & Irrigation
$0
$0
$0
$0
$0
$0
50
1D-Amenities
11 - District Le gall Financial Consulting
12- Contingency
$90.000
$36D,DD0
$o
$450,00D
-
$0
$0
So
$450.000
$140,000
$560,000
$700,000
$0
$700,000
TOTAL CONSTRUCTION COSTS
$1 30 772
$5 388 599
$8 819 371
$27 200
$398 388
$423 588
$7,242,959
MISCELLANEOUS COSTS
DESCRIPTION 1
QTY
UNIT
Total
Total
TOTAL
Entitlements, ❑ev A mt, District Creation
1
LOT
$0
$0
$0
$0
$0
$0
$0
En & Surveying (Ph. 1 is per contract)
1
LS
$5BO,725
$535,112
$1,115,B37
$64,525
$47,567
$112,092
$1,227,928
LOMR (Assumes 2 required)
FEMA LOMR Fees (Assumes 2 required)
1
1
LS
LS
So
5o
$0
$0
$D
$D
$0
$0
$0
So
$0
$0
50
5o
SWPPP (plan preparation & inspections)
Preliminary Platting Fee
1
1
LS
LS
$6,000
so
$3,000
$0
$12,000
$0
$6,000
$0
$6,000
$o
$12,000
$0
$24,000
so
Final Platting Fee
1
LS
$o
$0
$0
$0
$0
$0
$o
Maintenance Bond (2% of Pvg & LlIII Contracis)
2%
%
$23,770
$84,920
$108,690
$o
$o
$o
$108.690
En ineerin Review Fee
1
LS
$o
$0
$o
$0
$o
$o
$o
Inspection Fee
4%
%
$4B4O30
$215,540
$263,570
$1,090
$15,860
$16,950
$280,520
Geotechnical Testing (10%of Earthwork)
10%
%
5o
$21.340
$21,34D
$2,720
$39.640
$42,350
$63.700
TOTAL MISC. COSTS
$658 525
$862,912
$1,521,437
$74,335
$1D9,067
$103,402
$1,704,838
SUMMARY
Per Acre: $129,491
Per Lot: $26,317
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 91
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lTL'LLI JLI Li="v
I PHASE 2
PHASE LINE
ROADWAY IMPORVEMENTS
BY DEVELOPER
/ PHASE 16
EXISTING
PHASE 1
/ �� PHASE 1 B C�
PHASE 16
/ / I
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PELOTON IMPROVEMENT AREA #2 ON -SITE STREETS
e Ulq ...o ....„o„
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 92
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
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EXISTING SEWER LINE
PELOTON
EXHIBIT D
IMPROVEMENT AREA #2 ON SITE SANITARY SEWER
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 93
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
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EXISTING
PHASE
PHASE LINE
/ PHASE IB
PROPOSED STORM DRAIN
LINE
EXISTING STORM DRAIN
LINE
i
8
PELOTON IMPROVEMENT AREA #2 ON -SITE STORM DRAIN 25 5° S
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT s
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 94
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 104 of 167
PRE
TI-FF i
PHASE 2 . .
PHASE I B
EMSTING
PHASE 1
PHASE 113
EXHIBIT F
J!ll PELOTON IMPROVEMENT AREA #2 ON -SITE WATER DISTRIBUTION
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
PHASE LINE
PROPOSED WATER LINE
EXISTING WATER LINE
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 95
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 105 of 167
APPENDIX B - BUYER DISCLOSURES
Forms of the buyer disclosures for the following Lot Types are found in this Appendix:
■ Improvement Area #1
o Lot Type 1
o Lot Type 2
o Lot Type 2821988
■ Major Improvement Area
o Major Improvement Area (Less Improvement Area #2)
■ Improvement Area #2
o Improvement Area #2 Initial Parcel
o Lot Type 3
o Lot Type 4
o Lot Type 5
o Lot Type 6
o Lot Type 7
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 96
2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2022 - 2022000178813 12/20/2022 12:54 PM Page 106 of 167
HURRICANE CREEK 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 - 2022000178813 12/20/2022 12:54 PM Page 107 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 1 PRINCIPAL ASSESSMENT: $30,990.86
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City 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 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 - 2022000178813 12/20/2022 12:54 PM Page 108 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 109 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
' 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 - 2022000178813 12/20/2022 12:54 PM Page 110 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 111 of 167
ANNUAL INSTALLMENTS - LOT TYPE 1
2023
$
497.76
$
1,982.92
$
254.88
$
154.95
$
2,890.51
2024
$
541.04
$
1,954.30
$
259.97
$
152.47
$
2,907.78
2025
$
562.68
$
1,923.19
$
265.17
$
149.76
$
2,900.80
2026
$
584.32
$
1,890.83
$
270.48
$
146.95
$
2,892.58
2027
$
627.61
$
1,857.23
$
275.89
$
144.03
$
2,904.75
2028
$
670.89
$
1,821.15
$
281.40
$
140.89
$
2,914.33
2029
$
714.17
$
1,782.57
$
287.03
$
137.53
$
2,921.31
2030
$
735.82
$
1,741.50
$
292.77
$
133.96
$
2,904.06
2031
$
800.74
$
1,693.68
$
298.63
$
130.28
$
2,923.33
2032
$
844.02
$
1,641.63
$
304.60
$
126.28
$
2,916.53
2033
$
908.95
$
1,586.77
$
310.69
$
122.06
$
2,928.47
2034
$
952.23
$
1,527.69
$
316.91
$
117.51
$
2,914.34
2035
$
1,017.16
$
1,465.79
$
323.24
$
112.75
$
2,918.95
2036
$
1,082.08
$
1,399.67
$
329.71
$
107.67
$
2,919.13
2037
$
1,168.65
$
1,329.34
$
336.30
$
102.26
$
2,936.55
2038
$
1,233.57
$
1,253.38
$
343.03
$
96.41
$
2,926.39
2039
$
1,320.14
$
1,173.19
$
349.89
$
90.25
$
2,933.47
2040
$
1,406.71
$
1,087.39
$
356.89
$
83.65
$
2,934.63
2041
$
1,514.92
$
995.95
$
364.03
$
76.61
$
2,951.50
2042
$
1,601.48
$
897.48
$
371.31
$
69.04
$
2,939.31
2043
$
1,709.69
$
793.38
$
378.73
$
61.03
$
2,942.84
2044
$
1,839.54
$
682.25
$
386.31
$
52.48
$
2,960.58
2045
$
1,947.75
$
562.68
$
394.03
$
43.28
$
2,947.75
2046
$
2,099.24
$
436.08
$
401.91
$
33.54
$
2,970.78
2047
$
2,229.09
$
299.63
$
409.95
$
23.05
$
2,961.72
2048
$
2,380.58
$
154.74
$
418.15
$
11.90
$
2,965.37
Total
$
30,990.86
$
33,934.40
$
8,581.90
$
2,620.59
$
76,127.76
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available
offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 112 of 167
HURRICANE CREEK 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 - 2022000178813 12/20/2022 12:54 PM Page 113 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 2 PRINCIPAL ASSESSMENT: $35,432.55
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 114 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 115 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
' 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 - 2022000178813 12/20/2022 12:54 PM Page 116 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 117 of 167
ANNUAL INSTALLMENTS - LOT TYPE 2
2023
$
569.10
$
2,267.11
$
291.41
$
177.16
$
3,304.78
2024
$
618.59
$
2,234.39
$
297.23
$
174.32
$
3,324.53
2025
$
643.33
$
2,198.82
$
303.18
$
171.22
$
3,316.55
2026
$
668.07
$
2,161.83
$
309.24
$
168.01
$
3,307.15
2027
$
717.56
$
2,123.42
$
315.43
$
164.67
$
3,321.07
2028
$
767.05
$
2,082.16
$
321.74
$
161.08
$
3,332.02
2029
$
816.53
$
2,038.05
$
328.17
$
157.24
$
3,340.00
2030
$
841.28
$
1,991.10
$
334.73
$
153.16
$
3,320.27
2031
$
915.51
$
1,936.42
$
341.43
$
148.96
$
3,342.31
2032
$
964.99
$
1,876.91
$
348.26
$
144.38
$
3,334.54
2033
$
1,039.22
$
1,814.19
$
355.22
$
139.55
$
3,348.18
2034
$
1,088.71
$
1,746.64
$
362.33
$
134.36
$
3,332.03
2035
$
1,162.94
$
1,675.87
$
369.57
$
128.91
$
3,337.30
2036
$
1,237.17
$
1,600.28
$
376.96
$
123.10
$
3,337.51
2037
$
1,336.14
$
1,519.86
$
384.50
$
116.91
$
3,357.42
2038
$
1,410.37
$
1,433.01
$
392.19
$
110.23
$
3,345.81
2039
$
1,509.35
$
1,341.34
$
400.04
$
103.18
$
3,353.90
2040
$
1,608.32
$
1,243.23
$
408.04
$
95.63
$
3,355.22
2041
$
1,732.04
$
1,138.69
$
416.20
$
87.59
$
3,374.52
2042
$
1,831.01
$
1,026.11
$
424.52
$
78.93
$
3,360.57
2043
$
1,954.73
$
907.09
$
433.01
$
69.78
$
3,364.61
2044
$
2,103.19
$
780.04
$
441.67
$
60.00
$
3,384.90
2045
$
2,226.91
$
643.33
$
450.51
$
49.49
$
3,370.23
2046
$
2,400.11
$
498.58
$
459.52
$
38.35
$
3,396.56
2047
$
2,548.57
$
342.57
$
468.71
$
26.35
$
3,386.20
2048
$
2,721.77
$
176.92
$
478.08
$
13.61
$
3,390.38
Total
$
35,432.55
$
38,797.96
$
9,811.88
$
2,996.18
$
87,038.58
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available
offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 118 of 167
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 2821998
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 - 2022000178813 12/20/2022 12:54 PM Page 119 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 2821998 PRINCIPAL ASSESSMENT: $27,324.41
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 120 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 121 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
' 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 - 2022000178813 12/20/2022 12:54 PM Page 122 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 123 of 167
ANNUAL INSTALLMENTS - LOT TYPE 2821988
2023
$
438.87
$
1,748.32
$
224.72
$
136.62
$
2,548.54
2024
$
477.03
$
1,723.09
$
229.22
$
134.43
$
2,563.76
2025
$
496.11
$
1,695.66
$
233.80
$
132.04
$
2,557.62
2026
$
515.19
$
1,667.13
$
238.48
$
129.56
$
2,550.37
2027
$
553.36
$
1,637.51
$
243.25
$
126.99
$
2,561.10
2028
$
591.52
$
1,605.69
$
248.11
$
124.22
$
2,569.54
2029
$
629.68
$
1,571.68
$
253.07
$
121.26
$
2,575.70
2030
$
648.76
$
1,535.47
$
258.14
$
118.11
$
2,560.48
2031
$
706.01
$
1,493.30
$
263.30
$
114.87
$
2,577.48
2032
$
744.17
$
1,447.41
$
268.56
$
111.34
$
2,571.48
2033
$
801.41
$
1,399.04
$
273.94
$
107.62
$
2,582.01
2034
$
839.58
$
1,346.95
$
279.41
$
103.61
$
2,569.55
2035
$
896.82
$
1,292.38
$
285.00
$
99.41
$
2,573.61
2036
$
954.06
$
1,234.08
$
290.70
$
94.93
$
2,573.78
2037
$
1,030.39
$
1,172.07
$
296.52
$
90.16
$
2,589.13
2038
$
1,087.63
$
1,105.09
$
302.45
$
85.01
$
2,580.18
2039
$
1,163.96
$
1,034.40
$
308.50
$
79.57
$
2,586.42
2040
$
1,240.28
$
958.74
$
314.67
$
73.75
$
2,587.44
2041
$
1,335.69
$
878.12
$
320.96
$
67.55
$
2,602.32
2042
$
1,412.02
$
791.30
$
327.38
$
60.87
$
2,591.56
2043
$
1,507.42
$
699.52
$
333.93
$
53.81
$
2,594.68
2044
$
1,621.91
$
601.54
$
340.60
$
46.27
$
2,610.32
2045
$
1,717.32
$
496.11
$
347.42
$
38.16
$
2,599.01
2046
$
1,850.89
$
384.49
$
354.36
$
29.58
$
2,619.31
2047
$
1,965.37
$
264.18
$
361.45
$
20.32
$
2,611.33
2048
$
2,098.94
$
136.43
$
368.68
$
10.49
$
2,614.55
Total
$
27,324.41
$
29,919.70
$
7,566.60
$
2,310.55
$
67,121.26
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes
in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could
increase or decrease the amounts shown.
[c] The projected Annual Installment does not include the Maximum TIRZ No. 2 Annual Credit Amount of
$1,151 for Lot Type 1. The Assessment Roll shall be updated in each Annual Service Plan Update to include the
actual TIRZ No. 2 Annual Credit Amount applicable to each Lot.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 124 of 167
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT — MAJOR IMPROVEMENT
AREA (LESS IMPROVEMENT AREA #2) BUYER DISCLOSURE
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
2022 - 2022000178813 12/20/2022 12:54 PM Page 125 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
MAJOR IMPROVEMENT AREA (LESS IMPROVEMENT AREA #2) PRINCIPAL
ASSESSMENT: $1,682,281.79
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 126 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 127 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
s 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 - 2022000178813 12/20/2022 12:54 PM Page 128 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 129 of 167
ANNUAL INSTALLMENTS - MAJOR IMPROVEMENT AREA (LESS IMPROVEMENT
AREA #2)
2023
$
29,004.86
$
111,813.73
$ 10,648.47
$ 8,411.41
$
$ 159,878.47
2024
$
29,004.86
$
110,073.44
$ 10,861.44
$ 8,266.38
$
$ 158,206.12
2025
$
31,421.93
$
108,333.15
$ 11,078.67
$ 8,121.36
$
$ 158,955.11
2026
$
33,839.00
$
106,447.83
$ 11,300.24
$ 7,964.2S
$
$ 1S9,551.33
2027
$
33,839.00
$
104,417.49
$ 11,526.25
$ 7,795.06
$
$ 157,577.80
2028
$
36,256.07
$
102,387.15
$ 11,756.77
$ 7,625.86
$
$ 158,025.86
2029
$
38,673.14
$
100,211.79
$ 11,991.91
$ 7,444.58
$
$ 158,321.42
2030
$
41,090.22
$
97,891.40
$ 12,231.75
$ 7,251.21
$
$ 158,464.57
2031
$
43,507.29
$
95,117.81
$ 12,476.38
$ 7,045.76
$
$ 158,147.24
2032
$
45,924.36
$
92,181.07
$ 12,725.91
$ 6,828.23
$
$ 157,659.56
2033
$
48,341.43
$
89,081.17
$ 12,980.43
$ 6,S98.61
$
$ 1S7,001.63
2034
$
50,758.50
$
85,818.12
$ 13,240.04
$ 6,356.90
$
$ 156,173.56
2035
$
55,592.65
$
82,391.93
$ 13,504.84
$ 6,103.11
$
$ 157,592.51
2036
$
58,009.72
$
78,639.42
$ 13,774.93
$ 5,825.14
$
$ 156,249.22
2037
$
62,843.86
$
74,723.77
$ 14,050.43
$ 5,535.09
$
$ 157,153.15
2038
$
67,678.00
$
70,481.81
$ 14,331.44
$ 5,220.87
$
$ 157,712.12
2039
$
72,512.15
$
65,913.54
$ 14,618.07
$ 4,882.48
$
$ 157,926.24
2040
$
74,929.22
$
61,018.97
$ 14,910.43
$ 4,519.92
$
$ 155,378.54
2041
$
82,180.43
$
55,961.25
$ 15,208.64
$ 4,145.28
$
$ 157,495.60
2042
$
87,014.58
$
S0,414.07
$ 1S,S12.81
$ 3,734.38
$
$ 156,67S.83
2043
$
91,848.72
$
44,540.59
$ 15,823.07
$ 3,299.30
$
$ 155,511.68
2044
$
99,099.93
$
38,340.80
$ 16,139.53
$ 2,840.06
$
$ 156,420.32
2045
$
106,351.15
$
31,651.55
$ 16,462.32
$ 2,344.56
$
$ 156,809.58
2046
$
113,602.36
$
24,472.85
$ 16,791.57
$ 1,812.80
$
$ 156,679.58
2047
$
120,853.58
$
16,804.69
$ 17,127.40
$ 1,244.79
$
$ 156,030.46
2048
$
128,104.79
$
8,647.07
$ 17,469.95
$ 640.52
$ (140,818.59)
$ 14,043.75
Total
$
1,682,281.79
$
1,907,776.44
$ 358,543.68
$ 141,857.93
$ (140,818.59)
$ 3,949,641.25
Footnotes:
[a] 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.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of
9/1/2029 and 2048, respectively.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 130 of 167
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #2
INITIAL PARCEL BUYER DISCLOSURE
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
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 - 2022000178813 12/20/2022 12:54 PM Page 131 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
IMPROVEMENT AREA #2 INITIAL PARCEL PRINCIPAL ASSESSMENT:
$12,347,718.21
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 132 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 133 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
s 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 - 2022000178813 12/20/2022 12:54 PM Page 134 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 135 of 167
ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2 INITIAL PARCEL
Annual
,m,tallment Due
1/31
2023
Principal
$ - $
Improvement
Interest"'
411480.72 $
Area #2 Bond
C.pit.li�ed
Interest
(411,480,72) $
Additional
Interest Reserve Fund
- $ -
Major
Principal
$ 30,995.14 $
Improvement
Additional
Interest IbI
119:486.21 $
Area Bond
Interest Reserve Fund
8,988.59 $ -
Total Annual
$,llection 11,37Costs
9.16 $
Total Annual
installment'c'
170,849.16
2024
$ 151,000.00 $
614:660.00
52,750.00 $ -
$ 30,995.14 $
117626.56 $
8,833.62 $ -
$ 52,406.74 $
1,028,272.06
2025
$ 158,000.00 $
607, 110.00 $
- $
51,995.00 $ -
$ 33,578.07 $
115,766.85 $
8,678.64 $ -
$ 53,454.88 $
1,028,583.44
2026
$ 166,000.00 $
599,210.00 $
- $
51,205.00 $ -
$ 36,161.00 $
113,752.17 $
8,510.75 $ -
$ 54,523.97 $
1,029,362.89
2027
$ 175,000.00 $
590,910.00 $
- $
50,375.00 $ -
$ 36,161.00 $
111,582.51 $
81329.94 $ -
$ 55,614.45 $
1,027,972.91
2028
$ 183,000.00 $
582,160.00 $
- $
49,500.00 $ -
$ 38,743.93 $
109,412.85 $
8,149.14 $ -
$ 56:726.74 $
1,027,692.66
2029
$ 193,000.00 $
573,010.00 $
- $
48,585.00 $ -
$ 41:326.86 $
107,088.21 $
7,955.42 $ -
$ 57,861.28 $
1,028,826.77
2030
$ 204,000.00 $
561,912.50 $
- $
47,620.00 $ -
$ 43'909.78 $
104,608.60 $
7,748.79 $ -
$ 59,018.50 $
1,028,818.18
2031
$ 216,000.00 $
550,182.50 $
- $
46:600.00 $ -
$ 46,492.78 $
101:644.69 $
7,529.24 $ -
$ 60,198.87 $
1,028,648.01
2032
$ 228,000.00 $
537,762.50 $
- $
45,520.00 $ -
$ 49,075.64 $
98,506.43 $
7,296.77 $ -
$ 61,402.85 $
1,027,564.20
2033
$ 241,000.00 $
524,652.50 $
- $
44,380.00 $ -
$ 51,658.57 $
95,193.83 $
7,051.39 $ -
$ 62,630.91 $
1,026,567.20
2034
$ 256,000.00 $
510,795.00 $
- $
43:175.00 $ -
$ 54,241.50 $
91:706.88 $
6,793.10 $ -
$ 63,883.53 $
1,026,595.00
2035
$ 270,000.00 $
496,075.00 $
- $
41,895.00 $ -
$ 59,407.35 $
88,045.57 $
6,521.89 $ -
$ 65,161.20 $
1,027,106.02
2036
$ 286000.00 $
480550.00 $
- $
40545.00 $ -
$ 61990.28 $
84035.58 $
61224.86 $ -
$ 66464.42 $
1,025,810.14
2037
$ 303:000.00 $
464:1050.00 $
- $
39:115.00 $ -
$ 67:156.14 $
79:851.23 $
5,914.91 $ -
$ 67:793.71 $
1,026,935.99
2038
$ 321000.00 $
446682.50 $
- $
37,600.00 $ -
$ 72,322.00 $
75,318.19 $
5,579.13 $ -
$ 69,149.58 $
1,027,651.40
2039
$ 340:000.00 $
428:225.00 $
- $
35,995.00 $ -
$ 77,487.85 $
70,436.46 $
5,217.52 $ -
$ 70,532.57 $
1,027,894.40
2040
$ 360,000.00 $
408,675.00 $
- $
34,295.00 $ -
$ 80,070.78 $
65,206.03 $
4,830.08 $ -
$ 71,943.23 $
1,025,020.11
2041
$ 382,000.00 $
387,975.00 $
- $
32,495.00 $ -
$ 87:819.57 $
59:801.25 $
4:429.72 $ -
$ 73:382.09 $
1,027,902.63
2042
$ 404,000.00 $
366,010.00 $
- $
30,585.00 $ -
$ 92,985.42 $
53,873.43 $
3,990.62 $ -
$ 74,849.73 $
1,026,294.21
2043
$ 428,000.00 $
342,780.00 $
- $
28,565.00 $ -
$ 98,151.28 $
47,596.91 $
3,525.70 $ -
$ 76,346.73 $
1,024,965.62
2044
$ 455,000.00 $
317,100.00 $
- $
26,425.00 $ -
$ 105,900.07 $
40,971.70 $
3,034.94 $ -
$ 77,873.66 $
1,026,305.37
2045
$ 483,000.00 $
2891800.00 $
- $
24,150.00 $ -
$ 113,648.85 $
33,823.45 $
2,505.44 $ -
$ 79,431.13 $
1,026,358.88
2046
$ 514,000.00 $
260,820.00 $
- $
21,735.00 $ -
$ 121,397.64 $
26,152.15 $
1,937.20 $ -
$ 81,019.76 $
1,027,061.74
2047
$ 546,000.00 $
229,980.00 $
- $
19,165.00 $ -
$ 129,146.42 $
17,957.81 $
1,330.21 $ -
$ 82,640.15 $
1,026,219.59
2048
$ 580,000.00 $
197220.00 $
- $
16,435.00 $ -
$ 136,895.21 $
9,240.43 $
684.48 $(150,481.41)
$ 84292.96 $
874,286.65
2049
$ 616,000.00 $
162:420.00 $
- $
13,535.00 $ -
$ - $
- $
- $ -
$ 66:936.72 $
858,891.72
2050
$ 655,000.00 $
125,460.00 $
- $
10,455.00 $ -
$ - $
- $
- $ -
$ 68,275.46 $
859,190.46
2051
$ 696,000.00 $
86160.00 $
- $
7,180.00 $ -
$ - $
- $
- $ -
$ 69,640.97 $
858,980.97
2052
$ 740,000.00 $
44:400.00 $
$
3,700.00 $ (784,400,00)
$ $
$
$
$ 71,033.79 $
7 1:l�3�3.79
7473379
74,733.79
Total
.
0,550,000.00 $ 12,198,283.22 $
$ 30,550,000.00 $ 12,198,283.22 $
(411,480.72)
(411,480.72) $
995,575.00 $ (784,400.00)
995,575.00 $ (784,400.00)1
$ 1,797,718.21 $ 2,038,686.06 $ 151,592.07 $(150,481.41)
$ 1,797,718.21 $ 2,038,686.06 151,592.07 $ (150,481.41)1
$ 1,96 i.74 $
$
28,351,362.18
[a] Interest on the Improvement Area rig Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048, respectively.
[c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could
increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 136 of 167
HURRICANE CREEK 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 - 2022000178813 12/20/2022 12:54 PM Page 137 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 3 PRINCIPAL ASSESSMENT: $30,033.37
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 138 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 139 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
s 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 - 2022000178813 12/20/2022 12:54 PM Page 140 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 141 of 167
ANNUAL INSTALLMENTS - LOT TYPE 3
Annual
Installments
'ue 1/31
2023
Principal
$ -
Improvement
Interest Ial
$ 1,000.84
Area #2
Capitalized
Interest
$ (1,000,84)
Bond
Additional
Interest
$ -
Reserve Fund
$ -
Principal
$ 75.39
Major Improvement
Interest EbI
$ 290.63
Area Bond
Additional
Interest
$ 21.86
Reserve Fund
$ -
Total Annual
Collection
Costs
$ 27.68
Total Annual
instalimentIcl
$ 415.56
2024
$ 367.28
$ 1,495.04
$ -
$ 128.30
$ -
$ 75.39
$ 286.10
$ 21.49
$ -
$ 127.47
$ 2,501.07
2025
$ 384.30
$ 1,476.67
$ -
$ 126.47
$ -
$ 81.67
$ 281.58
$ 21.11
$ -
$ 130.02
$ 2,501.82
2026
$ 403.76
$ 1457.46
$ -
$ 124.55
$ -
$ 87.95
$ 276.68
$ 20.70
$ -
$ 132.62
$ 2,503.72
2027
$ 425.65
$ 1:437.27
$ -
$ 122.53
$ -
$ 87.95
$ 271.40
$ 20.26
$ -
$ 135.27
$ 2,500.34
2028
$ 445.11
$ 1,415.99
$ -
$ 120.40
$ -
$ 94.24
$ 266.12
$ 19.82
$ -
$ 137.98
$ 2,499.66
2029
$ 469.43
$ 1,393.73
$ -
$ 118.17
$ -
$ 100.52
$ 260.47
$ 19.35
$ -
$ 140.74
$ 2,502.42
2030
$ 496.19
$ 1,366.74
$ -
$ 115.83
$ -
$ 106.80
$ 254.44
$ 18.85
$ -
$ 143.55
$ 2,502.40
2031
$ 525.38
$ 1,338.21
$ -
$ 113.35
$ -
$ 113.08
$ 247.23
$ 18.31
$ -
$ 146.42
$ 2,501.98
2032
$ 554.56
$ 1,308.00
$ -
$ 110.72
$ -
$ 119.37
$ 239.60
$ 17.75
$ -
$ 149.35
$ 2,499.35
2033
$ 586.18
$ 1,276.11
$ -
$ 107.95
$ -
$ 125.65
$ 231.54
$ 17.15
$ -
$ 152.34
$ 2,496.92
2034
$ 622.67
$ 1,242.41
$ -
$ 105.01
$ -
$ 131.93
$ 223.06
$ 16.52
$ -
$ 155.38
$ 2,496.99
2035
$ 656.72
$ 1,206.60
$ -
$ 101.90
$ -
$ 144.50
$ 214.15
$ 15.86
$ -
$ 158.49
$ 2,498.23
2036
$ 695.64
$ 1,168.84
$ -
$ 98.62
$ -
$ 150.78
$ 204.40
$ 1S.14
$ -
$ 161.66
$ 2,495.08
2037
$ 736.99
$ 1,128.84
$ -
$ 95.14
$ -
$ 163.34
$ 194.22
$ 14.39
$ -
$ 164.89
$ 2,497.82
2038
$ 780.77
$ 1,086.47
$ -
$ 91.45
$ -
$ 175.91
$ 183.20
$ 13.57
$ -
$ 168.19
$ 2,499.56
2039
$ 826.98
$ 1,041.57
$ -
$ 87.55
$ -
$ 188.47
$ 171.32
$ 12.69
$ -
$ 171.56
$ 2,500.15
2040
$ 875.63
$ 994.02
$ -
$ 83.42
$ -
$ 194.76
$ 158.60
$ 11.75
$ -
$ 174.99
$ 2,493.16
2041
$ 929.14
$ 943.67
$ -
$ 79.04
$ -
$ 213.60
$ 145.45
$ 10.77
$ -
$ 178.49
$ 2,500.17
2042
$ 982.65
$ 890.25
$ -
$ 74.39
$ -
$ 226.17
$ 131.04
$ 9.71
$ -
$ 182.06
$ 2,496.26
2043
$ 1,041.02
$ 833.74
$ -
$ 69.48
$ -
$ 238.73
$ 115.77
$ 8.58
$ -
$ 185.70
$ 2,493.02
2044
$ 1,106.70
$ 771.28
$ -
$ 64.27
$ -
$ 257.58
$ 99.66
$ 7.38
$ -
$ 189.41
$ 2,496.28
2045
$ 1,174.80
$ 704.88
$ -
$ 58.74
$ -
$ 276.43
$ 82.27
$ 6.09
$ -
$ 193.20
$ 2,496.41
2046
$ 1,2S0.20
$ 634.39
$ -
$ 52.87
$ -
$ 295.28
$ 63.61
$ 4.71
$ -
$ 197.06
$ 2,498.12
2047
$ 1,328.04
$ 559.38
$ -
$ 46.62
$ -
$ 314.12
$ 43.68
$ 3.24
$ -
$ 201.01
$ 2,496.07
2048
$ 1,410.73
$ 479.70
$ -
$ 39.97
$ -
$ 332.97
$ 22.48
$ 1.66
$ (366.02)
$ 205.03
$ 2,126.53
2049
$ 1,498.30
$ 395.05
$ -
$ 32.92
$ -
$ -
$ -
$ -
$ -
$ 162.81
$ 2,089.08
2050
$ 1,593.16
$ 305.16
$ -
$ 25.43
$ -
$ -
$ -
$ -
$ -
$ 166.07
$ 2,089.81
2051
$ 1,692.88
$ 209.57
$ -
$ 17.46
$ -
$ -
$ -
$ -
$ -
$ 169.39
$ 2,089.30
2052
$ 1,799.90
$ 107.99
$ -
$ 9.00
$ (1,907.90)
$ -
$ -
$ -
$ -
$ 172.78
$ 181.78
Total
$ 25,660.78
$ 29,669.90
$ (1,000.84)
$ 2,421.54
$ (1,907.90)
$ 4,372.59
$ 4,958.70
$ 368.72
$ (366.02)
$ 4,781.59
$ 68,959.05
Footnotes:
[a] Interest on the Improvement Area N2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000%and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048, respectively.
[c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other
available offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 142 of 167
HURRICANE CREEK 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:
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 - 2022000178813 12/20/2022 12:54 PM Page 143 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 4 PRINCIPAL ASSESSMENT: $34,037.82
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 144 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 145 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
s 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 - 2022000178813 12/20/2022 12:54 PM Page 146 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 147 of 167
ANNUAL INSTALLMENTS - LOT TYPE 4
Annual
Installments
Due 1/31
2023
Principal
$ -
Improvement
Interest E81
$ 1,134.29
Area #2 Bond
Capitalized Additional
Interest
$ (1,134.29) $
Interest
-
Reserve •
$ -
Principal
$ 85.44
Major Improvement
Interest
$ 329.38
Area Bond
Additional
Interest
$ 24.78
Reserve Fund
$ -
Total Annual
Collection
Costs
$ 31.37
Total Annual
lnstallment�c3
$ 470.96
2024
$ 416.25
$ 1694.38
$ - $
145.41
$ -
$ 85.44
$ 324.25
$ 24.35
$ -
$ 144.46
$ 2,834.54
2025
$ 435.54
$ 1:673.56
$ - $
143.33
$ -
$ 92.56
$ 319.12
$ 23.92
$ -
$ 147.35
$ 2,835.40
2026
$ 457.60
$ 1,651.79
$ - $
141.15
$ -
$ 99.68
$ 313.57
$ 23.46
$ -
$ 150.30
$ 2,837.55
2027
$ 482.41
$ 1,628.91
$ - $
138.86
$ -
$ 99.68
$ 307.59
$ 22.96
$ -
$ 153.31
$ 2,833.72
2028
$ 504.46
$ 1,604.79
$ - $
136.45
$ -
$ 106.80
$ 301.61
$ 22.46
$ -
$ 156.37
$ 2,832.95
2029
$ 532.03
$ 1,579.56
$ - $
133.93
$ -
$ 113.92
$ 295.20
$ 21.93
$ -
$ 1S9.50
$ 2,836.07
2030
$ 562.35
$ 1,548.97
$ - $
131.27
$ -
$ 121.04
$ 288.36
$ 21.36
$ -
$ 162.69
$ 2,836.05
2031
$ 595.43
$ 1,516.64
$ - $
128.46
$ -
$ 128.16
$ 280.19
$ 20.76
$ -
$ 165.94
$ 2,835.58
2032
$ 628.51
$ 1,482.40
$ - $
125.48
$ -
$ 135.28
$ 271.54
$ 20.11
$ -
$ 169.26
$ 2,832.59
2033
$ 664.34
$ 1,446.26
$ - $
122.34
$ -
$ 142.40
$ 262.41
$ 19.44
$ -
$ 172.65
$ 2,829.84
2034
$ 705.69
$ 1,408.06
$ - $
119.02
$ -
$ 149.52
$ 252.80
$ 18.73
$ -
$ 176.10
$ 2,829.92
2035
$ 744.28
$ 1,367.48
$ - $
115.49
$ -
$ 163.76
$ 242.71
$ 17.98
$ -
$ 179.62
$ 2,831.33
2036
$ 788.39
$ 1,324.69
$ - $
111.77
$ -
$ 170.88
$ 231.65
$ 17.16
$ -
$ 183.22
$ 2,827.76
2037
$ 835.25
$ 1,279.36
$ - $
107.82
$ -
$ 185.12
$ 220.12
$ 16.31
$ -
$ 186.88
$ 2,830.86
2038
$ 884.87
$ 1,231.33
$ - $
103.65
$ -
$ 199.36
$ 207.62
$ 15.38
$ -
$ 190.62
$ 2,832.83
2039
$ 937.25
$ 1,180.45
$ - $
99.22
$ -
$ 213.60
$ 194.17
$ 14.38
$ -
$ 194.43
$ 2,833.50
2040
$ 992.38
$ 1,126.56
$ - $
94.54
$ -
$ 220.72
$ 179.75
$ 13.31
$ -
$ 198.32
$ 2,825.58
2041
$ 1,053.02
$ 1,069.49
$ - $
89.58
$ -
$ 242.08
$ 164.85
$ 12.21
$ -
$ 202.29
$ 2,833.52
2042
$ 1,113.67
$ 1,008.95
$ - $
84.31
$ -
$ 256.32
$ 148.51
$ 11.00
$ -
$ 206.33
$ 2,829.09
2043
$ 1,179.83
$ 944.91
$ - $
78.74
$ -
$ 270.56
$ 131.21
$ 9.72
$ -
$ 210.46
$ 2,825.43
2044
$ 1,254.26
$ 874.12
$ - $
72.84
$ -
$ 291.92
$ 112.94
$ 8.37
$ -
$ 214.67
$ 2,829.12
2045
$ 1,331.44
$ 798.86
$ - $
66.57
$ -
$ 313.29
$ 93.24
$ 6.91
$ -
$ 218.96
$ 2,829.27
2046
$ 1,416.90
$ 718.98
$ - $
59.91
$ -
$ 334.65
$ 72.09
$ 5.34
$ -
$ 223.34
$ 2,831.21
2047
$ 1,505.11
$ 633.96
$ - $
52.83
$ -
$ 356.01
$ 49.50
$ 3.67
$ -
$ 227.81
$ 2,828.88
2048
$ 1,598.83
$ 543.66
$ - $
45.30
$ -
$ 377.37
$ 25.47
$ 1.89
$ (414.82)
$ 232.36
$ 2,410.07
2049
$ 1,698.07
$ 447.73
$ - $
37.31
$ -
$ -
$ -
$ -
$ -
$ 184.52
$ 2,367.63
2050
$ 1,805.58
$ 345.84
$ - $
28.82
$ -
$ -
$ -
$ -
$ -
$ 188.21
$ 2,368.45
2051
$ 1,918.60
$ 237.51
$ - $
19.79
$ -
$ -
$ -
$ -
$ -
$ 191.97
$ 2,367.87
2052
$ 2,039.89
$ 122.39
$ - $
10.20
$ (2,162.28)
$ -
$ -
$ -
$ -
$ 195.81
$ 206.01
Total
$ 29,082.21
$ 33,625.88
$ (1,134.29) $
2,744.41
$ (2,162.28)1
$ 4,955.60
$ 5,619.86
$ 417.88
$ (414.82)
$ 5,419.13
$ 78,153.58
Footnotes:
[a] Interest on the Improvement Area #2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000%and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048, respectively.
[c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other
available offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 148 of 167
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 5
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 - 2022000178813 12/20/2022 12:54 PM Page 149 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 5 PRINCIPAL ASSESSMENT: $44,048.94
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 150 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 151 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
s 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 - 2022000178813 12/20/2022 12:54 PM Page 152 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 153 of 167
ANNUAL INSTALLMENTS - LOT TYPE 5
Annual
Installments
Due 1/31
2023
Principal
$ -
Improvement
Interest'al
$ 1,467.91
Area #2 Bond
Capitalized Additional
Interest
$ (1,467.91) $
Interest
-
Reserve '
$ -
Principal
$ 110.57
Major Improvement
Interest JbI
$ 426.25
Area Bond
Additional
Interest
$ 32.07
Reserve Fund
$ -
Total Annual
Collection
Costs
$ 40.59
Total Annual
instaliment'c'
$ 609.48
2024
$ 538.67
$ 2,192.72
$ - $
188.18
$ -
$ 110.57
$ 419.62
$ 31.51
$ -
$ 186.95
$ 3,668.23
2025
$ 563.65
$ 2,165.79
$ - $
185.49
$ -
$ 119.79
$ 412.98
$ 30.96
$ -
$ 190.69
$ 3,669.34
2026
$ 592.18
$ 2,137.61
$ - $
182.67
$ -
$ 129.00
$ 405.80
$ 30.36
$ -
$ 194.51
$ 3,672.12
2027
$ 624.29
$ 2,108.00
$ - $
179.71
$ -
$ 129.00
$ 398.06
$ 29.72
$ -
$ 198.40
$ 3,667.16
2028
$ 652.83
$ 2,076.78
$ - $
176.59
$ -
$ 138.21
$ 390.32
$ 29.07
$ -
$ 202.37
$ 3,666.16
2029
$ 688.50
$ 2,044.14
$ - $
173.32
$ -
$ 147.43
$ 382.02
$ 28.38
$ -
$ 206.41
$ 3,670.21
2030
$ 727.74
$ 2,004.55
$ - $
169.88
$ -
$ 156.64
$ 373.18
$ 27.64
$ -
$ 210.54
$ 3,670.18
2031
$ 770.55
$ 1,962.71
$ - $
166.24
$ -
$ 165.86
$ 362.60
$ 26.86
$ -
$ 214.75
$ 3,669.57
2032
$ 813.36
$ 1,918.40
$ - $
162.39
$ -
$ 175.07
$ 351.41
$ 26.03
$ -
$ 219.05
$ 3,665.71
2033
$ 859.74
$ 1,871.63
$ - $
158.32
$ -
$ 184.29
$ 339.59
$ 25.15
$ -
$ 223.43
$ 3,662.15
2034
$ 913.25
$ 1,822.20
$ - $
154.02
$ -
$ 193.50
$ 327.15
$ 24.23
$ -
$ 227.90
$ 3,662.25
2035
$ 963.19
$ 1,769.69
$ - $
149.46
$ -
$ 211.93
$ 314.09
$ 23.27
$ -
$ 232.45
$ 3,664.07
2036
$ 1,020.27
$ 1,714.30
$ - $
144.64
$ -
$ 221.14
$ 299.79
$ 22.21
$ -
$ 237.10
$ 3,659.45
2037
$ 1,080.91
$ 1,655.64
$ - $
139.54
$ -
$ 239.57
$ 284.86
$ 21.10
$ -
$ 241.85
$ 3,663.47
2038
$ 1,145.13
$ 1,593.48
$ - $
134.13
$ -
$ 258.00
$ 268.69
$ 19.90
$ -
$ 246.68
$ 3,666.02
2039
$ 1,212.91
$ 1,527.64
$ - $
128.41
$ -
$ 276.43
$ 251.27
$ 18.61
$ -
$ 251.62
$ 3,666.88
2040
$ 1,284.25
$ 1,457.90
$ - $
122.34
$ -
$ 285.64
$ 232.61
$ 17.23
$ -
$ 256.65
$ 3,656.63
2041
$ 1,362.74
$ 1,384.05
$ - $
115.92
$ -
$ 313.29
$ 213.33
$ 15.80
$ -
$ 261.78
$ 3,666.91
2042
$ 1,441.22
$ 1,305.69
$ - $
109.11
$ -
$ 331.71
$ 192.19
$ 14.24
$ -
$ 267.02
$ 3,661.18
2043
$ 1,526.84
$ 1,222.82
$ - $
101.90
$ -
$ 350.14
$ 169.80
$ 12.58
$ -
$ 272.36
$ 3,656.44
2044
$ 1,623.16
$ 1,131.21
$ - $
94.27
$ -
$ 377.79
$ 146.16
$ 10.83
$ -
$ 277.80
$ 3,661.22
2045
$ 1,723.04
$ 1,033.83
$ - $
86.15
$ -
$ 405.43
$ 120.66
$ 8.94
$ -
$ 283.36
$ 3,661.41
2046
$ 1,833.63
$ 930.44
$ - $
77.54
$ -
$ 433.07
$ 93.29
$ 6.91
$ -
$ 289.03
$ 3,663.91
2047
$ 1,947.79
$ 820.42
$ - $
68.37
$ -
$ 460.71
$ 64.06
$ 4.75
$ -
$ 294.81
$ 3,660.91
2048
$ 2,069.08
$ 703.56
$ - $
58.63
$ -
$ 488.36
$ 32.96
$ 2.44
$ (536.82)
$ 300.70
$ 3,118.91
2049
$ 2,197.50
$ 579.41
$ - $
48.28
$ -
$ -
$ -
$ -
$ -
$ 238.79
$ 3,063.99
2050
$ 2,336.63
$ 447.56
$ - $
37.30
$ -
$ -
$ -
$ -
$ -
$ 243.56
$ 3,065.05
2051
$ 2,482.89
$ 307.37
$ - $
25.61
$ -
$ -
$ -
$ -
$ -
$ 248.44
$ 3,064.31
2052
$ 2,639.86
$ 158.39
$ - $
13.20
$ (2,798.25)
$ -
$ -
$ -
$ -
$ 253.40
$ 266.60
Total
$ 37,635.80
$ 43,515.85
$ (1,467.91) $
3,551.59
$ (2,798.25)1
$ 6,413.13
$ 7,272.76
$ 540.79
$ (536.82)
$ 7,012.99
$ 101,139.93
Footnotes:
[a] Interest on the Improvement Area #2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bands with a maturity of 9/1/2029 and 2048, respectively.
[c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or
other available offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 154 of 167
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 6
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 - 2022000178813 12/20/2022 12:54 PM Page 155 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 6 PRINCIPAL ASSESSMENT: $48,053.39
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 156 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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 - 2022000178813 12/20/2022 12:54 PM Page 157 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
s 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 - 2022000178813 12/20/2022 12:54 PM Page 158 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 159 of 167
ANNUAL INSTALLMENTS - LOT TYPE 6
Annual
Installments
rue 1/31
2023
Principal
$ -
Improvement
Interest
$ 1,601.35
Area #2 Bond
Capitalized Additional
Interest
$ (1,601.35) $
Interest
-
Reserve
$ -,
Principal
$ 120.62
Major Improvement
Interest JbI
$ 465.00
Area Bond
Additional
Interest
$ 34.98
Reserve Fund
$ -
Total Annual
Collection
Costs
$ 44.28
Total Annual
Installment"'
$ 664.89
2024
$ 587.64
$ 2:392.06
$ - $
205.29
$ -
$ 120.62
$ 457.77
$ 34.38
$ -
$ 203.95
$ 4,001.71
2025
$ 614.89
$ 2,362.68
$ - $
202.35
$ -
$ 130.68
$ 450.53
$ 33.77
$ -
$ 208.03
$ 4,002.92
2026
$ 646.02
$ 2,331.93
$ - $
199.27
$ -
$ 140.73
$ 442.69
$ 33.12
$ -
$ 212.19
$ 4,005.95
2027
$ 681.04
$ 2,299.63
$ - $
196.04
$ -
$ 140.73
$ 434.24
$ 32.42
$ -
$ 216.43
$ 4,000.54
2028
$ 712.18
$ 2,265.58
$ - $
192.64
$ -
$ 150.78
$ 425.80
$ 31.71
$ -
$ 220.76
$ 3,999.45
2029
$ 751.09
$ 2,229.97
$ - $
189.08
$ -
$ 160.83
$ 416.75
$ 30.96
$ -
$ 225.18
$ 4,003.87
2030
$ 793.90
$ 2,186.78
$ - $
185.32
$ -
$ 170.88
$ 407.10
$ 30.16
$ -
$ 229.68
$ 4,003.83
2031
$ 840.60
$ 2,141.14
$ - $
181.35
$ -
$ 180.93
$ 395.57
$ 29.30
$ -
$ 234.27
$ 4,003.17
2032
$ 887.30
$ 2,092.80
$ - $
177.15
$ -
$ 190.99
$ 383.36
$ 28.40
$ -
$ 238.96
$ 3,998.95
2033
$ 937.90
$ 2,041.78
$ - $
172.71
$ -
$ 201.04
$ 370.46
$ 27.44
$ -
$ 243.74
$ 3,995.07
2034
$ 996.27
$ 1,987.85
$ - $
168.02
$ -
$ 211.09
$ 356.89
$ 26.44
$ -
$ 248.61
$ 3,995.18
2035
$ 1,050.75
$ 1,930.57
$ - $
163.04
$ -
$ 231.19
$ 342.65
$ 25.38
$ -
$ 253.59
$ 3,997.17
2036
$ 1,113.02
$ 1,870.15
$ - $
157.79
$ -
$ 241.25
$ 327.04
$ 24.23
$ -
$ 258.66
$ 3,992.13
2037
$ 1,179.18
$ 1,806.15
$ - $
152.22
$ -
$ 261.35
$ 310.76
$ 23.02
$ -
$ 263.83
$ 3,996.51
2038
$ 1,249.23
$ 1,738.35
$ - $
146.33
$ -
$ 281.45
$ 293.11
$ 21.71
$ -
$ 269.11
$ 3,999.29
2039
$ 1,323.17
$ 1,666.52
$ - $
140.08
$ -
$ 301.56
$ 274.12
$ 20.30
$ -
$ 274.49
$ 4,000.24
2040
$ 1,401.01
$ 1,590.43
$ - $
133.47
$ -
$ 311.61
$ 253.76
$ 18.80
$ -
$ 279.98
$ 3,989.05
2041
$ 1,486.62
$ 1,509.88
$ - $
126.46
$ -
$ 341.77
$ 232.73
$ 17.24
$ -
$ 285.58
$ 4,000.27
2042
$ 1,572.24
$ 1,424.39
$ - $
119.03
$ -
$ 361.87
$ 209.66
$ 15.53
$ -
$ 291.29
$ 3,994.01
2043
$ 1,665.64
$ 1,333.99
$ - $
111.17
$ -
$ 381.97
$ 185.23
$ 13.72
$ -
$ 297.12
$ 3,988.84
2044
$ 1,770.72
$ 1,234.05
$ - $
102.84
$ -
$ 412.13
$ 159.45
$ 11.81
$ -
$ 303.06
$ 3,994.05
2045
$ 1,879.68
$ 1,127.81
$ - $
93.98
$ -
$ 442.29
$ 131.63
$ 9.75
$ -
$ 309.12
$ 3,994.26
2046
$ 2,000.32
$ 1,015.03
$ - $
84.59
$ -
$ 472.44
$ 101.78
$ 7.54
$ -
$ 315.30
$ 3,997.00
2047
$ 2,124.86
$ 895.01
$ - $
74.58
$ -
$ 502.60
$ 69.89
$ 5.18
$ -
$ 321.61
$ 3,993.72
2048
$ 2,257.18
$ 767.52
$ - $
63.96
$ -
$ 532.75
$ 35.96
$ 2.66
$ (585.63)
$ 328.04
$ 3,402.45
2049
$ 2,397.28
$ 632.09
$ - $
52.67
$ -
$ -
$ -
$ -
$ -
$ 260.50
$ 3,342.53
2050
$ 2,549.05
$ 488.25
$ - $
40.69
$ -
$ -
$ -
$ -
$ -
$ 265.71
$ 3,343.70
2051
$ 2,708.61
$ 335.31
$ - $
27.94
$ -
$ -
$ -
$ -
$ -
$ 271.02
$ 3,342.88
2052
$ 2,879.84
$ 172.79
$ - $
14.40
$ (3,052.63)
$ -
$ -
$ -
$ -
$ 276.44
$ 290.84
Total
$ 41,057.24
$ 47,471.83
$ (1,601.35) $
3,874.46
$ (3,052.63)
$ 6,996.15
$ 7,933.92
$ 589.95
$ (585.63)
$ 7,650.5.
$ 110,334.47
Footnotes:
[a] Interest on the Improvement Area N2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048, respectively.
[c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or
other available offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 160 of 167
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 7
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 - 2022000178813 12/20/2022 12:54 PM Page 161 of 167
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 7 PRINCIPAL ASSESSMENT: $52,057.84
As the purchaser of the real property described above, you are obligated to pay
assessments to 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
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from 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 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 - 2022000178813 12/20/2022 12:54 PM Page 162 of 167
[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:
SIGNATURE OF PURCHASER
DATE:
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
a 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 - 2022000178813 12/20/2022 12:54 PM Page 163 of 167
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas]3
s 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 - 2022000178813 12/20/2022 12:54 PM Page 164 of 167
[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 §
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 - 2022000178813 12/20/2022 12:54 PM Page 165 of 167
ANNUAL INSTALLMENTS - LOT TYPE 7
Annual
Installments
'ue 1/31
2023
Principal
$ -
Improvement
Interest
$ 1,734.80
Area #2 Bond
Capitalized Additional
Interest
$ (1,734.80) $
Interest
-
Reserve
$ -,
Principal
$ 130.68
Major Improvement
Interest
$ 503.75
Area Bond
Additional
Interest
$ 37.90
Reserve Fund
$ -
Total Annual
Collection
Costs
$ 47.97
Total Annual
Installment"'
$ 720.30
2024
$ 636.61
$ 2:591.40
$ - $
222.39
$ -
$ 130.68
$ 495.91
$ 37.24
$ -
$ 220.95
$ 41335.18
2025
$ 666.13
$ 2,559.57
$ - $
219.21
$ -
$ 141.56
$ 488.07
$ 36.59
$ -
$ 225.37
$ 4,336.50
2026
$ 699.85
$ 2,526.26
$ - $
215.88
$ -
$ 152.45
$ 479.58
$ 35.88
$ -
$ 229.87
$ 4,339.78
2027
$ 737.80
$ 2,491.27
$ - $
212.38
$ -
$ 152.45
$ 470.43
$ 35.12
$ -
$ 234.47
$ 4,333.92
2028
$ 771.53
$ 2,454.38
$ - $
208.69
$ -
$ 163.34
$ 461.28
$ 34.36
$ -
$ 239.16
$ 4,332.74
2029
$ 813.69
$ 2,415.80
$ - $
204.83
$ -
$ 174.23
$ 451.48
$ 33.54
$ -
$ 243.94
$ 4,337.52
2030
$ 860.06
$ 2,369.02
$ - $
200.77
$ -
$ 185.12
$ 441.03
$ 32.67
$ -
$ 248.82
$ 4,337.49
2031
$ 910.65
$ 2,319.56
$ - $
196.47
$ -
$ 196.01
$ 428.53
$ 31.74
$ -
$ 253.80
$ 4,336.77
2032
$ 961.25
$ 2,267.20
$ - $
191.91
$ -
$ 206.90
$ 415.30
$ 30.76
$ -
$ 258.87
$ 4,332.20
2033
$ 1,016.05
$ 2,211.93
$ - $
187.11
$ -
$ 217.79
$ 401.34
$ 29.73
$ -
$ 264.05
$ 4,328.00
2034
$ 1,079.29
$ 2,153.51
$ - $
182.03
$ -
$ 228.68
$ 386.64
$ 28.64
$ -
$ 269.33
$ 4,328.11
2035
$ 1,138.32
$ 2,091.45
$ - $
176.63
$ -
$ 250.46
$ 371.20
$ 27.50
$ -
$ 274.72
$ 4,330.27
2036
$ 1,205.77
$ 2,025.99
$ - $
170.94
$ -
$ 261.35
$ 354.29
$ 26.24
$ -
$ 280.21
$ 4,324.80
2037
$ 1,277.44
$ 1,956.66
$ - $
164.91
$ -
$ 283.13
$ 336.65
$ 24.94
$ -
$ 285.82
$ 4,329.55
2038
$ 1,353.33
$ 1,883.21
$ - $
158.52
$ -
$ 304.91
$ 317.54
$ 23.52
$ -
$ 291.53
$ 4,332.57
2039
$ 1,433.44
$ 1,805.39
$ - $
151.75
$ -
$ 326.69
$ 296.96
$ 22.00
$ -
$ 297.36
$ 4,333.59
2040
$ 1,517.76
$ 1,722.97
$ - $
144.59
$ -
$ 337.58
$ 274.91
$ 20.36
$ -
$ 303.31
$ 4,321.47
2041
$ 1,610.51
$ 1,635.70
$ - $
137.00
$ -
$ 370.25
$ 252.12
$ 18.68
$ -
$ 309.38
$ 4,333.63
2042
$ 1,703.26
$ 1,543.09
$ - $
128.95
$ -
$ 392.03
$ 227.13
$ 16.82
$ -
$ 315.57
$ 4,326.84
2043
$ 1,804.44
$ 1,445.16
$ - $
120.43
$ -
$ 413.80
$ 200.67
$ 14.86
$ -
$ 321.88
$ 4,321.24
2044
$ 1,918.27
$ 1,336.89
$ - $
111.41
$ -
$ 446.47
$ 172.74
$ 12.80
$ -
$ 328.31
$ 4,326.89
2045
$ 2,036.32
$ 1,221.79
$ - $
101.82
$ -
$ 479.14
$ 142.60
$ 10.56
$ -
$ 334.88
$ 4,327.12
2046
$ 2,167.02
$ 1,099.61
$ - $
91.63
$ -
$ 511.81
$ 110.26
$ 8.17
$ -
$ 341.58
$ 4,330.08
2047
$ 2,301.93
$ 969.59
$ - $
80.80
$ -
$ 544.48
$ 75.71
$ 5.61
$ -
$ 348.41
$ 4,326.53
2048
$ 2,445.27
$ 831.48
$ - $
69.29
$ -
$ 577.15
$ 38.96
$ 2.89
$ (634.43)
$ 355.38
$ 3,685.98
2049
$ 2,597.05
$ 684.76
$ - $
57.06
$ -
$ -
$ -
$ -
$ -
$ 282.20
$ 3,621.08
2050
$ 2,761.47
$ 528.94
$ - $
44.08
$ -
$ -
$ -
$ -
$ -
$ 287.85
$ 3,622.34
2051
$ 2,934.33
$ 363.25
$ - $
30.27
$ -
$ -
$ -
$ -
$ -
$ 293.61
$ 3,621.45
2052
$ 3,119.83
$ 187.19
$ $
15.60
$ (3,307.02)
$
$
$
$
$ 299.48
$ 315.08
Total
$ 44,478.68
$ 51,427.82
$ (1,734.80) $
4,197.33
$ (3,307.02)
$ 7,579.16
$ 8,595.08
$ 639.11
$ (634.43)
$ 8,288.OS
$ 119,529.01
Footnotes:
[a] Interest on the Improvement Area N2 Bond is calculated at a 5.000%, 5.750%, and 6.000% interest rate for bonds with a maturity of 9/1/2028, 2042, and 2052, respectively.
[b] Interest on the Major Improvement Area Bond is calculated at a 6.000% and 6.750% interest rate for bonds with a maturity of 9/1/2029 and 2048, respectively.
[c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or
other available offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2022 - 2022000178813 12/20/2022 12:54 PM Page 166 of 167
2022-2022000178813 1212012022 12:56 PM Page 167 of 167
Collin County
Honorable Stacey Kemp
Collin County Clerk
Instrument Number: 2022000178813
eRecording - Real Property
ORDINANCE
Recorded On: December 20, 2022 12:54 PM
Number of Pages: 167
" Examined and Charged as Follows: "
Total Recording: $686.00
*********** 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: 2022000178813 CSC
Receipt Number: 20221220000131
Recorded Date/Time: December 20, 2022 12:54 PM
User: Kristen M
Station: Workstation cck028
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
Collin County, TX `"`'�
State of Texas § Court Order
Collin County § 2023-1161-12-04
Commissioners Court §
An order of the Collin County Commissioners Court approving an agreement.
The Collin County Commissioners Court hereby approves an Assessment Collection Services Agreement
between the Collin County Tax Assessor -Collector and the City of Anna for the Hurricane Creek Public
Improvement District Area No. 2, as detailed in the attached documentation.
A motion was made, seconded, and carried by a majority of the court members in attendance during a regular
session on Monday, December 4, 2023.
Chris Hill, County Judge
Lwffi0y-4r,c"r�2-
Susan Fletcher, Commissioner, Pct 1
i
Cheryl W iams, Commissioner, Pct 2
Darrell Hale, Commissioner, Pct 3
uncan Webb, Commissioner, Pct 4
AT 'ST: Stacey Kemp, Coun Clerk
ASSESSMENT COLLECTION SERVICES AGREEMENT
THIS AGREEMENT is made and entered into this 1st day of August, 2023 by and
between County of Collin (hereinafter called "County"), a political subdivision of the State
of Texas, and Hurricane Creek Public Improvement District Improvement Area
No. 2; (here -after called "Assessment Entity"), a duly organized and existing PID, under
the laws of the State of Texas, each acting herein by and through its duly authorized
officials.
RECITALS
1. The parties to this Agreement wish to consolidate the collection of the PID
assessment into one agency, the Collin County Tax Assessor Collector.
2. The parties enter in this Agreement in order to eliminate the duplication of
the system for collection of the PID assessment and to promote efficiency.
3. Therefore, under the authority of sections 6.23 and 6.24, Texas Property
Tax Code and the Interlocal Cooperation Act, Texas Government Code
Chapter 791 the parties agree as follows:
SECTION 1 DEFINITIONS
1.01 Assessment Collection Services. The term "Assessment Collection
Services" shall include preparation and mailing of the PID
Assessments, assessed by the Assessment Entity, correction of found
clerical errors in assessments, collection of assessment liabilities,
maintenance of a list of delinquent assessments, and issuance of
refunds. Assessment Collection Services do not include appraisal of
property.
1.02 Current Assessments. The term "Current Assessments" shall mean
those assessments legally due and payable to the Assessment
Entity without penalty and interest.
1.03 Delinquent Assessments. The term "Delinquent Assessments" shall mean
the property assessments that have not been paid to the Assessment
Entity on or before January 31 st of any given year and on which
penalty and interest are now due.
SECTION 2 TERM
2.01 Term. The term of this Agreement shall commence on August 01, 2023 and
shall continue in full force and effect until September 30, 2024. Thereafter,
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this Agreement shall automatically renew annually for an additional one (1)
year term without the necessity of any action by the parties.
2.02 Termination. Either party may terminate this Agreement by giving ninety (90)
Days written notice to the other party.
SECTION 3 SERVICES
3.01 Services to be Performed. The County agrees to provide assessment
collection services to the Assessment Entity. The Assessment Entity
agrees that all collections, assessments, penalties, interest, and attorney
fees are to be in accordance with the Texas State Property Tax Code, as
amended. The county's delinquent tax attorney will represent the interests
of the Assessment Entity.
3.02 Tax Bills. By August 31 st of each year the Assessment Entity shall
provide the County with the Assessment Roll and a copy of the
Resolution/Ordinance adopting the annual fixed rate assessment for that
year. Failure to supply the Assessment Roll for any given year by said
date, will result in a late processing fee of Five Thousand Dollars
($5,000.00) plus an additional per statement fee, equal to the costs of
printing and mailing all statements. The County agrees to prepare
consolidated tax and assessment bills for each taxpayer. The tax bill
shall include taxes and assessments owed to all taxing units to which
the taxpayer owes taxes and assessments, except those units which
have not been contracted with the County for tax collection services.
The County will mail such tax and assessment bills to the property
located within the Assessment Entity by October 1 st of each year, or as
soon thereafter as practicable.
The Assessment Roll should be in the format as required by the Tax
Assessor Collector. It shall be delivered to the Tax Assessor Collector
and the Property Tax Collection Supervisor via e-mail. The annual
Assessment Roll is to be accompanied by the Governing Body's
Resolution/Ordinance for the assessment.
SECTION 4 PAYMENTS
4.01 Rate of Payment. The Assessment Entity shall pay the County for
Assessment Collection Services at a rate of Five Hundred Dollars
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($500.00) per year, and Three Dollars ($3.00) per non-exempt
parcel per year for parcels on the Assessment Entity's tax roll during
the term of this Agreement plus any late processing fees and other
required services, as indicated in Section 3.02 and section 7, If there
is a fee from the property tax software provider for setting up the entity
and loading the file in the first year of the contract, the fee would be
paid by the Assessment Entity.
4.02 Method of Payment. The County shall withhold from the assessment
collected under this Agreement the amount of money necessary to
pay for assessment collection services at the rate indicated in Section
4.01 from the December collections. The Assessment Entity shall not
be entitled to receive any assessments collected for a tax year until
the County has withheld the total amount of compensation under
Section 4.01 for that year.
4.03 Proration of Payment. If this Agreement is terminated during the original
term or any annual term prior to the time that the County has withheld
sufficient funds pursuant to Section 4.02 to aggregate the amount of
payment set forth in Section 4.01, the County's compensation for
assessment collection services for the original term or a renewed term
shall equal the amount set forth in Section 4.01, if the tax statement,
including the assessment for the year, has been printed.
SECTION 5 REMITTANCE OF COLLECTION
The assessment collected by the County for the Assessment Entity shall
be remitted to the Assessment Entity after the proper amount of payment,
as set out in Section 4, and any taxpayer refunds have been withheld.
Assessments collected shall be remitted to the Assessment Entity within
seven (7) days from the date they are received by the County Tax Office.
SECTION 6 ADMINISTRATIVE PROVISIONS
6.01 Records. The Assessment Entity, or its representatives designated in
writing, upon reasonable notice is authorized to examine the records
to be kept by the County in the performance of this Agreement at
mutually convenient times and intervals. Such books and records will
be kept in the offices of the Collin County Tax Assessor Collector.
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6.02 Assessment Entity Records. The Assessment Entity agrees to transfer
to the possession and control of the County, without charge, copies of
all records necessary for the performance of the duties and
responsibilities of the County pursuant to this Agreement. These
records shall include all assessment records, including assessment
rolls or records available to the Assessment Entity, as required by the
County Tax Assessor Collector.
6.03 Surety Bond. If the Assessment Entity requires the County to obtain a
surety bond for the Tax Assessor Collector, the Assessment Entity agrees
to pay the premium for such bond.
6.04 Audits. The County, upon reasonable notice, agrees to allow an audit
of the assessment records at a mutually convenient time. A copy of the
audit results shall be furnished to the County. The Assessment Entity
will pay the cost of the audit.
6.05 Deposits of Assessments. The County agrees to deposit assessments
collected under this Agreement into such depository as is designated by
the Assessment Entity in writing.
6.06 Assessment Entity Contacts: The name, phone number, and e-mail address
of a person who can answer taxpayer's questions about the Assessing Entity
and assessments will be provided to the Collin County Tax Assessor -
Collector within ten (10) business days from the execution of this Agreement.
The name, phone number and e-mail address of a person who can answer
the Tax Assessor Collector, or their staff, questions relating to the fund
transfers, and other operational topics will be provided to the Collin County
Tax Assessor -Collector within ten (10) business days from the execution of
this Agreement.
SECTION 7 CORRECTED BILLING SERVICES
In the event that the Assessment Entity's fixed rate assessment changes
after the County begins collections for the Assessment Entity in any
given year, the County will continue to act for the Assessment Entity in
providing refunds to taxpayers or sending corrected billings. A change
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in the Assessment Entity's fixed rate assessment will result in
a late processing fee, that may be in addition to any applicable
late processing fee pursuant to Section 3.02, of Five Thousand
Dollars ($5,000.00), plus an additional per statement fee, equal
to the costs of printing and mailing all statements. The
Assessment Entity will provide to the County, a corrected
Ordinance approving any changes to the fixed rate assessment
or assessment roll.
SECTION 8 REFUNDS
Refunds to property owners authorized by the Assessment Entity will be
made on the same check for all taxing units contracting for tax and
assessment collection services. Circumstances on which refunds may
be based include, but are not limited to; clerical errors, and
overpayments. The amounts refunded by the County for the
Assessment Entity shall be paid by the County from assessment
collections on hand for the Assessment Entity after the County's
compensation is withheld pursuant to Section 4 of this Agreement. if
assessment collections for the Assessment Entity in the County's
possession are insufficient to pay for a refund, the County shall notify the
Assessment Entity of the deficiency, and the deficiency amount shall be
paid by the Assessment Entity to the County within fourteen (14) days of
notification of the amount due. The County shall not be obligated to pay
a refund unless it has sufficient Assessment Entity assessment collections
in its possession to pay the refund or the Assessment Entity has paid to
the County sufficient funds to cover the deficiency. The Assessment
Entity agrees that any payment(s) that it is required to make under this
section shall be made out of the Assessment Entity's current revenues.
SECTION 9 MISCELLANEOUS PROVISIONS
9.01 Liability. To the extent allowed by law, any civil liability relating to the
furnishing of services under this Agreement shall be the responsibility of
the Assessment Entity. The parties agree that the County shall be acting
on I y as the agent for the Assessment Entity in performing the services
contemplated by this Agreement.
THE ASSESSMENT ENTITY SHALL HOLD THE COUNTY FREE AND HARMLESS
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FROM ANY OBLIGATION, COSTS, CLAIMS, JUDGMENTS, ATTORNEYS' FEES, AND
OTHER SUCH LIABILITIES ARISING FROM OR GROWING OUT OF THE SERVICES
RENDERED TO THE ASSESSMENT ENTITY PURSUANT TO THE TERMS OF THIS
AGREEMENT OR IN ANY WAY CONNECTED WITH THE RENDERING OF SAID
SERVICES, EXCEPT WHEN THE SAME SHALL ARISE BECAUSE OF THE WILLFUL
MISCONDUCT OR GROSS NEGLIGENCE OF THE COUNTY.
9.02 Controlling Law. This Agreement shall be deemed to be made under,
governed by, and construed in accordance with, the laws of the State
of Texas. Exclusive venue for any action taken relative to this
Agreement shall be in Collin County.
9.03 Sovereign Immunity. It is expressly understood and agreed that, in the
execution of this Agreement, neither the County nor Assessment Entity
waives or shall be deemed hereby to waive any immunity or defense
that would otherwise be available to it against claims arising in the
exercise of governmental powers and functions.
9.04 Amendments. This Agreement shall not be amended or modified other
than in a written Agreement signed by the parties.
9.05 Notices.
(a) Except as otherwise provided in this Agreement all notices required
or permitted herein shall be in writing and shall be deemed to be
delivered when deposited in the United States mail, postage prepaid,
registered or certified mail, return receipt requested, with proper
postage prepaid or when delivered in person.
(b) All communications provided for in this Agreement shall be
addressed as follows:
(ii) if to the County, to:
County Administrator
Bill Bilyeu
Collin County
2300 Bloomdale Road, Suite 4192
McKinney, Texas 75071
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With a correspondence copy to the Tax Assessor Collector, 2300
Bloomdale Road, Suite, 2366, P.O. Box 8006, McKinney, Texas 75070-
8006.
(ii) if to the Assessment Entity, to:
City Manager
Ryan Henderson
City of Anna
120 W 71h Street
Anna, Texas 75409
or to such person at such other address as may from time to time be
specified in a notice given as provided in this Section 9.05.
9.06 Parties Bound. This Agreement may not be assigned and shall be binding
upon the parties, their heirs, executors, legal representatives, and
successors.
9.07 Copies. This Agreement is executed in multiple copies, any one of which,
or a true copy thereof, shall have the same evidentiary value.
9.08 Integration. It is understood and agreed that the entire Agreement of
the parties is contained herein and that this Agreement supersedes all
oral Agreements and negotiations between the parties relating to the
subject matter hereof as well as any previous Agreements presently in
effect between the parties relating to the subject matter hereof.
9.09 Severability. The provisions of this Agreement are severable. If any
paragraph, section, subdivision, sentence, clause or phrase of the
Agreement is for any reason held to be contrary to law or contrary to any
rule or regulation having the force and effect of law, such decision shall
not affect the remaining portions of the Agreement. However, upon the
occurrence of such event, either party may terminate this Agreement
forthwith, upon the delivery of written notice of termination to the other
party.
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9.10 Captions. The headings to the various sections of this Agreement
have been inserted for convenient reference only and shall not modify,
define, limit or expand the express provision of this Agreement.
9.11 Obligations of Condition. All obligations of each party under this
Agreement are conditions to further performance of the other party's
continued performance of its obligation under the Agreement.
9.12 Exclusive Right to Enforce This Agreement. The County and the
Assessment Entity have the exclusive right to bring suit to enforce this
Agreement, and no other party may bring suit, as a third -party
beneficiary or otherwise, to enforce this Agreement.
[REMAINDER OF PAGE LEFT BLANK INTENTIONALLY- SIGNATURES ON FOLLOWING PAGE]
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EXECUTED at McKinney, Texas on the day and year first written above.
COLLIN COUNTY, TEXAS
Judge Chris Hill
By:
Title: County Judge of Collin County
Date: Co
Hurricane Creek Public Improvement District Improvement Area No. 2
Ryan Henderson
By: N
Title: 6ity Manager, City of Anna
Date:ZO ZCAZ
COLLIN COUNTY, TEXAS
Kenneth L. Maun, Tax Assessor Collector
By: —" &t4tA.11
Title: Tax Assessor Collector of Collin County
Date:
yy1 -v3
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