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Home My WebLink AboutOrd 1058-2023-07 Approving the 2023 Annual Service Plan Update for AnaCapri PID RECORDEDCITY OF ANNA ORDINANCE NO. 1058— AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING THE 2023 ANNUAL SERVICE PLAN UPDATE TO THE SERVICE AND ASSESSMENT PLAN, INCLUDING THE ASSESSMENT ROLL, FOR THE ANACAPRI PUBLIC IMPROVEMENT DISTRICT IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERNMENT CODE, AS AMENDED; AND PROVIDING AN EFFECTIVE DATE. RECITALS WHEREAS, on April 12, 2022, after notice and a public hearing in the manner required by law, the City Council (the "City Council") of the City of Anna, Texas (the "City") passed and approved Resolution No. 2022-04-1140 authorizing the creation of the AnaCapri Public Improvement District (the "District"); and WHEREAS, on September 13, 2022, after notice and a public hearing in the manner required by law, the City Council passed an Ordinance approving the "AnaCapri Public Improvement District Service and Assessment Plan," (the "Service and Assessment Plan") including the Assessment Roll attached to the Service and Assessment Plan (the "Assessment Roll"), and levied the Assessments on property within District in accordance with the Assessment Roll for the purposes of financing the public improvements (the "Authorized Improvements") undertaken for the benefit of such property; and WHEREAS, Chapter 372, Texas Local Government Code (as amended, the "PID Act") requires the Service and Assessment Plan to be reviewed and updated annually for the purposes of determining the annual budget for the Authorized Improvements; and WHEREAS, the City Council has received the "AnaCapri Public Improvement District 2023 Annual Service Plan Update" (the "Annual Service Plan Update") which includes the updated Assessment Roll and now desires to proceed with the adoption of this Ordinance which approves and adopts the Annual Service Plan Update and updated Assessment Roll for District as required by the PID Act. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS: Section 1. Terms. Terms not otherwise defined herein are defined in the Service and Assessment Plan. Section 2. Findings. That the recitals and findings in the Recitals of this Ordinance are hereby found and determined to be true and correct and constitute the legislative findings and determinations of the City Council. Section 3. Assessment Plan. The Annual Service Plan Update, including the updated Assessment Roll contained therein, in the form attached as Exhibit A is hereby approved and the same is incorporated as part of this Ordinance as if fully set forth in the body of this Ordinance. Section 4. 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 governing body of the City in adopting this Ordinance that no portion hereof, or provision or regulation contained herein shall become inoperative or fail by reason of any unconstitutionality, voidness, or invalidity of any other portion hereof, and all provisions of this Ordinance are declared to be severable for that purpose. Section 5. Filing in Land Records. The City Secretary is directed to cause a copy of this Ordinance, including the 2023 Annual Service Plan Update, to be recorded in the real property records of Collin County, Texas, on or before July 18, 2023. The City Secretary is further directed to 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. Section 6. Effective Date. This Ordinance shall take effect immediately from and after its passage in accordance with applicable law. PASSED by the City Council of the City of Anna, Texas this 111h day of July 2023. ATTESTED: 1913 Carrie L. Land, City Secretary d Lee Miller, Mayor Pro Tem Exhibit A 2023 Annual Service Plan Update [Remainder of page left intentionally blank.] \ Alk • . PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE JULY 11, 2023 ■ INTRODUCTION Capitalized terms used in this 2023 Annual Service Plan Update shall have the meanings set forth in the Service and Assessment Plan (the "SAP"). The District was created pursuant to the PID Act by Resolution No. 2022-04-1140 on April 12, 2022, by the City Council to finance certain Authorized Improvements for the benefit of the property in the District. On September 13, 2022, the City Council approved Ordinance No. 1001-2022 which approved the SAP for the District and levied Assessments to finance the Authorized Improvements to be constructed for the benefit of the Assessed Property within the District. The SAP also set forth the costs of the Authorized Improvements, and the manner of assessing the property in the District for the costs of such Authorized Improvements based on the benefit provided to the Assessed Property. Pursuant to the PID Act, the SAP must be reviewed and updated annually. This document is the Annual Service Plan Update for 2023. The City Council also adopted an Assessment Roll identifying the Assessments on each Lot within the District, based on the method of assessment identified in the SAP. This 2023 Annual Service Plan Update also updates the Assessment Roll for 2023. am ANACAPRI PUBLIC IMPROVEMENT DISTRICT 1 2023 ANNUAL SERVICE PLAN UPDATE PARCEL SUBDIVISION Improvement Area #1: There have not been any recoded plats in Improvement Area #1. Improvement Area #2A: There have not been any recoded plats in Improvement Area #2A. See Exhibit D for the Lot Type classification map. LOT AND HOME SALES Improvement Area #1 Improvement Area #1 is anticipated to include approximately 458 Lots further designated as 174 Lot Type 1 Lots and 284 Lot Type 2 Lots anticipated to be developed as single-family homes. Per the Developer as of March 31, 2023, Improvement Area #1 has no Lots under contract with end users. Improvement Area #2A Improvement Area #2A is anticipated to include approximately 237 Lots further designated as 136 Lot Type 3 Lots and 101 Lot Type 4 Lots anticipated to be developed as single-family homes. Per the Developer as of March 31, 2023, Improvement Area #2A has no Lots under contract with end users. See Exhibit E for the buyer disclosures. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE AUTHORIZED IMPROVEMENTS L Per the Developer, the Authorized Improvements listed in the SAP for Improvement Area #1 are currently under construction and projected to be completed in the third quarter of 2023, the Authorized Improvements for Improvement Area #2 have not started construction and are projected to be completed in the fourth quarter of 2024The budget for the Authorized Improvements remains unchanged as shown on the table below. Original Forecast Authorized Improvements Completion Budget Date Improvement Area #1 Improvements Roadway Improvements $ 5,583,370 Q3, 2023 Water Systems 1,880,843 Q3, 2023 Sanitary Sewer 1,447,746 Q3, 2023 Storm Sewer 3,218,991 Q3, 2023 Site Fencing, Retaining Walls, Landscape 1,398,604 Q3, 2023 Soft Costs 4,998,569 Q3, 2023 Subtotal $18,528,122 Improvement Area #2 Improvements Roadway Improvements $ 1,032,532 Q4, 2024 Water Systems 510,957 Q4, 2024 Sanitary Sewer 2,112,336 Q4, 2024 Storm Sewer 1,206,865 Q4, 2024 Site Fencing, Retaining Walls, Landscape 976,139 Q4, 2024 Soft Costs 1,352,408 Q4, 2024 Subtotal $ 7,191,237 Improvement Area #2A Improvements Roadway Improvements $ 4,149,405 Q4, 2024 Water Systems 921,494 Q4, 2024 Sanitary Sewer 767,152 Q4, 2024 Storm Sewer 841,028 Q4, 2024 Site Fencing, Retaining Walls, Landscape 592,655 Q4, 2024 Soft Costs 2,447,957 Q4, 2024 Subtotal $ 9,719,692 OUTSTANDING ASSESSMENT Improvement Area #1 has an outstanding Assessment of $20,343,0001. 1 Outstanding Assessment was reduced as shown on Exhibit C-1. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 3 2023 ANNUAL SERVICE PLAN UPDATE Improvement Area #2A has an outstanding Assessment of $10,136,000.002. TIRZ NO.4 ANNUAL CREDIT AMOUNT The TIRZ No. 4 Annual Credit Amount shall only be applied to principal and interest component of the Annual Installment, as further described in the SAP. Application of qualifying property tax exemptions may decrease or eliminate the amount of the TIRZ No. 4 Annual Credit Amount on a parcel -by -parcel basis. Since the Assessed Property has not yet been platted, there is no TIRZ No. 4 Annual Credit Amount included in this 2023 Annual Service Plan Update. The table below shows the TIRZ No. 4 Maximum Annual Credit Amount as originally described in the SAP. ANNUAL INSTALLMENT DUE 1/31/2024 Improvement Area #1 ■ Principal and Interest — The total principal and interest required for the Annual Installment is $1,639,369.21. ■ Annual Collection Costs —The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment is $39,121.15. Outstanding Assessment was reduced as shown on Exhibit C-2. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 4 2023 ANNUALSERVICE PLAN UPDATE Area #1 BreakdownImprovement Annual Collection Costs Administration $ 20,429.21 City Auditor $ 1,669.05 Filing Fees $ 667.62 County Collection $ 687.65 Miscellaneous $ 667.62 Draw Request Review $ 15,000.00 Total Annual Collection Costs $ 39,121.15 Interest Annual Collection Costs Total Annual Collection Costs $ 215,359.21 $ 1,424,010.00 $ 39,121.15 See Exhibit B-1 for the reimbursement schedule for Improvement Area #1. Improvement Area #2A ■ Principal and Interest — The total principal and interest required for the Annual Installment is $816,823.79. ■ Annual Collection Costs —The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment is $12,008.85. Administration City Auditor Filing Fees County Collection Annual Collection Costs $ 10,170.79 $ 830.95 $ 332.38 $ 342.35 $ 332.38 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 5 Due January 31, 2024 Principal $ 107,303.79 Interest $ 709,520.00 Annual Collection Costs $ 12,008.85 Total Annual Collection Costs $ 828,832.64 See Exhibit B-2 for the reimbursement schedule for Improvement Area #2A. PREPAYMENT OF ASSESSMENTS IN FULL No full prepayments of Assessments have occurred within the District. PARTIAL PREPAYMENT OF ASSESSMENTS No partial prepayments of Assessments have occurred within the District. x ANACAPRI PUBLIC IMPROVEMENT DISTRICT 6 2023 ANNUAL SERVICE PLAN UPDATE SERVICE PLAN — FIVE YEAR BUDGET FORECAST The PID Act requires the annual indebtedness and projected costs for the Authorized Improvements to be reviewed and updated in the Annual Service Plan Update, and the projection shall cover a period of not less than five years. Interest Annual Collection Costs Additional Interest' 5 215,359.21 $ 230,434.35 5 246,564.76 5 263,824.29 5 357,358.33 1,424,010.00 1,408,934.86 1,392,804A5 1,375,544.92 1,147,699.59 (1) $ 1,639,369.21 $ 1,639,369.21 $ 1,639,369.21 $ 1,639,369.21 $ 1,505,057.92 (2) $ 39,121.15 $ 39,903.57 $ 40,701.64 $ 41,515.68 $ 42,345.99 (3) $ - $ - $ - $ - $ - Total Annual Installment (3)=(1)+(2) $ 1,678,490.36 $ 1,679,272.78 $ 1,680,070.85 $ 1,680,884.88 $ 1,547,403.91 Principal $ 107,303.79 $ 114,815.05 $ 122,852.10 $ 131,451.75 $ 178,055.55 Interest $ 709,520.00 $ 702,008.73 $ 693,971.68 $ 685,372.03 5 571,846.98 (1) $ 816,823.79 $ 816,823.79 $ 816,823.79 $ 816,823.79 $ 749,902.53 Annual Collection Costs (2) $ 12,008.85 $ 12,249.03 $ 12,494.01 $ 12,743.89 $ 12,998.77 Additional Interest' (3) $ - $ - $ - $ - $ - Total Annual Installment (3)= (1) +(2) $ 828,832.64 $ 829,072.81 $ 829,317.79 $ 829,567.67 $ 762,901.29 Footnotes: (1) Additional Interest will not be charged on the Improvement Area #1 Reimbursement Obligation, or the Improvement Area #2A Reimbursement Obligation. In the event PID Bonds are issued, the Service Plan and Assessment Roll shall be updated to reflect the Additional Interest collected for the PID Bonds. ASSESSMENT ROLLS The list of current Parcels or Lots within the District, the corresponding total Assessments, and current Annual Installment are shown on the Assessment Rolls attached hereto as Exhibit A-1, and Exhibit A-2. The Parcels or Lots shown on the Assessment Rolls will receive the bills for the 2023 Annual Installments which will be delinquent if not paid by January 31, 2024. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 7 EXHIBIT A-1— IMPROVEMENT AREA #1 ASSESSMENT ROLL Footnotes: (1) The entire Improvement Area #1 Initial Parcel is contained within Property ID 2770352. For billing purposes, the Annual Installment due 1/31/2024 shall be allocated pro rata based on acreage. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE EXHIBIT A-2 - IMPROVEMENT AREA #2A ASSESSMENT ROLL Footnotes: (1) The entire Improvement Area #2A Initial Parcel is contained within Property ID 2759616, and 2759795. For billing purposes, the Annual Installment due 1/31/2024 shall be allocated pro rata based on acreage. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 9 2023 ANNUAL SERVICE PLAN UPDATE EXHIBIT B-1- IMPROVEMENT AREA #1 REIMBURSEMENT SCHEDULE 2024 $ 215,359.21 5 1,424,010.00 $ 39,121.15 $ 1,678,490.36 2025 $ 230,434.35 $ 1,408,934.86 $ 39,903.57 $ 1,679,272.78 2026 $ 246,564.76 $ 1,392,804.45 $ 40,701.64 $ 1,680,070.85 2027 $ 263,824.29 $ 1,375,544.92 $ 41,515.68 $ 1,680,884.88 2028 $ 357,358.33 $ 1,147,699.59 $ 42,345.99 $ 1,547,403.91 2029 $ 378,513.94 $ 1,126,543.98 $ 43,192.91 $ 1,548,250.83 2030 $ 400,921.97 $ 1,104,135.95 $ 44,056.77 $ 1,549,114.69 2031 $ 424,656.55 $ 1,080,401.37 $ 44,937.90 $ 1,549,995.83 2032 $ 449,796.22 $ 1,055,261.70 $ 45,836.66 $ 1,550,894.58 2033 $ 476,424.15 $ 1,028,633.77 $ 46,753.40 $ 1,551,811.32 2034 $ 504,628.46 $ 1,000,429.46 $ 47,688.46 $ 1,552,746.38 2035 $ 534,502.47 $ 970,555.45 $ 48,642.23 $ 1,553,700.15 2036 $ 566,145.02 $ 938,912.91 $ 49,615.08 $ 1,554,673.00 2037 $ 599,660.80 $ 905,397.12 $ 50,607.38 $ 1,555,665.30 2038 $ 635,160.72 $ 869,897.20 $ 51,619.53 $ 1,556,677.45 2039 $ 672,762.23 $ 832,295.69 $ 52,651.92 $ 1,557,709.84 2040 $ 712,589.76 $ 792,468.16 $ 53,704.96 $ 1,558,762.88 2041 $ 754,775.07 $ 750,282.85 $ 54,779.05 $ 1,559,836.98 2042 $ 799,457.76 $ 705,600.16 $ 55,874.64 $ 1,560,932.56 2043 $ 846,785.66 $ 658,272.26 $ 56,992.13 $ 1,562,050.05 2044 $ 896,915.37 $ 608,142.55 $ 58,131.97 $ 1,563,189.89 2045 $ 950,012.76 $ 555,045.16 $ 59,294.61 $ 1,564,352.53 2046 $ 1,006,253.51 $ 498,804.41 $ 60,480.50 $ 1,565,538.42 2047 $ 1,065,823.72 $ 439,234.20 $ 61,690.11 $ 1,566,748.03 2048 $ 1,128,920.48 $ 376,137.44 $ 62,923.91 $ 1,567,981.84 2049 $ 1,195,752.58 $ 309,305.34 $ 64,182.39 $ 1,569,240.31 2050 $ 1,266,541.13 $ 238,516.79 $ 65,466.04 $ 1,570,523.96 2051 $ 1,341,520.36 $ 163,537.56 $ 66,775.36 $ 1,571,833.28 2052 $ 1,420,938.37 $ 84,119.55 $ 68,110.87 $ 1,573,168.79 Total $ 20,343,000.00 $ 23,840,924.86 $1,517,596.83 $ 45,701,521.68 Footnotes: 1) Interest Is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PI Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 10 EXHIBIT B-2 - IMPROVEMENT AREA #2A REIMBURSEMENT SCHEDULE 2024 $ 107,303.79 $ 709,520.00 $ 12,008.85 $ 828,832.64 2025 $ 114,815.05 $ 702,008.73 $ 12,249.03 $ 829,072.81 2026 $ 122,852.10 $ 693,971.68 $ 12,494.01 $ 829,317.79 2027 $ 131,451.75 $ 685,372.03 $ 12,743.89 $ 829,567.67 2028 $ 178,055.55 $ 571,846.98 $ 12,998.77 $ 762,901.29 2029 $ 188,596.44 $ 561,306.09 $ 13,258.74 $ 763,161.27 2030 $ 199,761.35 $ 550,141.18 $ 13,523.92 $ 763,426.44 2031 $ 211,587.22 $ 538,315.31 $ 13,794.39 $ 763,696.92 2032 $ 224,113.18 $ 525,789.34 $ 14,070.28 $ 763,972.81 2033 $ 237,380.68 $ 512,521.84 $ 14,351.69 $ 764,254.21 2034 $ 251,433.62 $ 498,468.91 $ 14,638.72 $ 764,541.25 2035 $ 266,318.49 $ 483,584.04 $ 14,931.50 $ 764,834.02 2036 $ 282,084.54 $ 467,817.98 $ 15,230.13 $ 765,132.65 2037 $ 298,783.95 $ 451,118.58 $ 15,534.73 $ 765,437.25 2038 $ 316,471.96 $ 433,430.57 $ 15,845.42 $ 765,747.95 2039 $ 335,207.10 $ 414,695.43 $ 16,162.33 $ 766,064.86 2040 $ 355,051.36 $ 394,851.17 $ 16,485.58 $ 766,388.10 2041 $ 376,070.40 $ 373,832.13 $ 16,815.29 $ 766,717.82 2042 $ 398,333.77 $ 351,568.76 $ 17,151.59 $ 767,054.12 2043 $ 421,915.13 $ 327,987.40 $ 17,494.63 $ 767,397.15 2044 $ 446,892.50 $ 303,010.02 $ 17,844.52 $ 767,747.05 2045 $ 473,348.54 $ 276,553.99 $ 18,201.41 $ 768,103.94 2046 $ 501,370.77 $ 248,531.75 $ 18,565.44 $ 768,467.96 2047 $ 531,051.92 $ 218,850.61 $ 18,936.75 $ 768,839.27 2048 $ 562,490.19 $ 187,412.33 $ 19,315.48 $ 769,218.01 2049 $ 595,789.61 $ 154,112.91 $ 19,701.79 $ 769,604.32 2050 $ 631,060.36 $ 118,842.17 $ 20,095.83 $ 769,998.35 2051 $ 668,419.13 $ 81,483.39 $ 20,497.74 $ 770,400.27 2052 $ 707,989.55 $ 41,912.98 $ 20,907.70 $ 770,810.22 Total $ 10,136,000.00 $ 11,878,858.30 $ 465,850.13 $ 22,480,708.42 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 11 EXHIBIT C-1- IMPROVEMENT AREA #1 REDUCTION OF ASSESSMENT Original Assessment levied in 2022 (1) $ 22,145,000.00 Principal due in 1/31/2023 Annual Installment (2) 473,601.91 Interest due in 1/31/2023 Annual Installment' (3) 1,310,984.00 Reduction in Assessment due to Lot Type reconfiguration (4) $ 17,357.56 Outstanding Assessment (5) = (1) - (2) - (3) - (4) 20,343,056.54 To be forgiven for rounding (6) $ 56.54 Improvement Area #1 Assessment (7) = (5) - (6) $ 20,343,000.00 Footnotes: (1) Interest amount from 1/31/2023 Assessment collected, but not earned, and resulted in a principal reduction to Improvement Area #1 Assessment. (2) Developer updated Lot Type Configuration to remove six Lot Type 1 units, and add five Lot Type 2 units, resulting in a decrease in the Estimated Buildout Value, and a mandatory reduction in the Assessment. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 12 EXHIBIT C-2 - IMPROVEMENT AREA #2A REDUCTION OF ASSESSMENT Original Assessment levied in 2022 Principal due in 1/31/2023 Annual Installment (1) $ 11,025,000.00 (2) 235,785.10 Interest due in 1/31/2023 Annual Installment' (3) 652,680.00 Net Outstanding Assessment (4) = (1) + (2) + (3) 10,136,534.90 To be forgiven for rounding (5) $ 534.90 Improvement Area #2A Assessment (6) = (4) - (5) $ 10,136,000.00 Footnotes: (1) Interest amount from 1/31/2023 Assessment collected, but not earned, and resulted in a principal reduction to Improvement Area #2A Assessment. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 13 2023 ANNUAL SERVICE PLAN UPDATE EXHIBIT D - LOT TYPE CLASSIFICATION MAP Improvement Area #1 PHA 1 ANACAPRI PHASES EXHIBIT IF I F -TI -L E Li' ANACAPRI PUBLIC IMPROVEMENT DISTRICT 14 2023 ANNUAL SERVICE PLAN UPDATE Improvement Area #2A MPHASE 3 PHA` P� PHASE 4 Phase 2 Total Lots 40' Lots 91 50' Lots Phase 3 146 Total Lots _ 40'Lots 126 50'Lats 122 Phase Total Lots - -- 40'Lotsl 146 ANACAPRI PHASES EXHIBIT -L :,_ •i ._'_E`_; L, ANACAPRI PUBLIC IMPROVEMENT DISTRICT 15 2023 ANNUAL SERVICE PLAN UPDATE EXHIBIT E — BUYER DISCLOSURES Buyer disclosures for the following Lot Types are found in this Exhibit: • Improvement Area #1 o Improvement Area #1 Initial Parcel o Lot Type 1 o Lot Type 2 • Improvement Area #2A o Improvement Area #2A Initial Parcel o Lot Type 3 o Lot Type 4 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 16 2023 ANNUAL SERVICE PLAN UPDATE ANACAPRI PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #1— INITIAL PARCEL BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS .IMPROVEMENT AREA #1 INITIAL PARCEL PRINCIPAL ASSESSMENT: $20,3439000.00 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 AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [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 [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 . Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: 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 Notary Public, State of Texas]4 , 20_. 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 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 INITIAL PARCEL 2024 $ 215,359.21 $ 1,424,010.00 $ 39,121.15 $ 1,678,490.36 2025 $ 230,434.35 $ 1,408,934.86 $ 39,903.57 $ 1,679,272.78 2026 $ 246,564.76 $ 1,392,804.45 $ 40,701.64 $ 1,680,070.85 2027 $ 263,824.29 $ 1,375,544.92 $ 41,515.68 $ 1,680,884.88 2028 $ 357,358.33 $ 1,147,699.59 $ 42,345.99 $ 1,547,403.91 2029 $ 378,513.94 $ 1,126,543.98 $ 43,192.91 $ 1,548,250.83 2030 $ 400,921.97 $ 1,104,135.95 $ 44,056.77 $ 1,549,114.69 2031 $ 424,656.55 $ 1,080,401.37 $ 44,937.90 $ 1,549,995.83 2032 $ 449,796.22 $ 1,055,261.70 $ 45,836.66 $ 1,550,894.58 2033 $ 476,424.15 $ 1,028,633.77 $ 46,753.40 $ 1,551,811.32 2034 $ 504,628.46 $ 1,000,429.46 $ 47,688.46 $ 1,552,746.38 2035 $ 534,502.47 $ 970,555.45 $ 48,642.23 $ 1,553,700.15 2036 $ 566,145.02 $ 938,912.91 $ 49,615.08 $ 1,554,673.00 2037 $ 599,660.80 $ 905,397.12 $ 50,607.38 $ 1,555,665.30 2038 $ 635,160.72 $ 869,897.20 $ 51,619.53 $ 1,556,677.45 2039 $ 672,762.23 $ 832,295.69 $ 52,651.92 $ 1,557,709.84 2040 $ 712,589.76 $ 792,468.16 $ 53,704.96 $ 1,558,762.88 2041 $ 754,775.07 $ 750,282.85 $ 54,779.05 $ 1,559,836.98 2042 $ 799,457.76 $ 705,600.16 $ 55,874.64 $ 1,560,932.56 2043 $ 846,785.66 $ 658,272.26 $ 56,992.13 $ 1,562,050.05 2044 $ 896,915.37 $ 608,142.55 $ 58,131.97 $ 1,563,189.89 2045 $ 950,012.76 $ 555,045.16 $ 59,294.61 $ 1,564,352.53 2046 $ 1,006,253.51 $ 498,804.41 $ 60,480.50 $ 1,565,538.42 2047 $ 1,065,823.72 $ 439,234.20 $ 61,690.11 $ 1,566,748.03 2048 $ 1,128,920.48 $ 376,137.44 $ 62,923.91 $ 1,567,981.94 2049 $ 1,195,752.58 $ 309,305.34 $ 64,182.39 $ 1,569,240.31 2050 $ 1,266,541.13 $ 238,516.79 $ 65,466.04 $ 1,570,523.96 2051 $ 1,341,520.36 $ 163,537.56 $ 66,775.36 $ 1,571,833.28 Total Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/O1/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/O1/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment ANACAPRI PUBLIC IMPROVEMENT DISTRICT— IMPROVEMENT AREA #1— LOT TYPE 1 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS IMPROVEMENT AREA #1 LOT TYPE 1 PRINCIPAL ASSESSMENT: $41,429.81 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 AnaCapri Public Intproventent 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. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [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 [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: SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF PURCHASER 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 Notary Public, State of Texas]3 , 20_. 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 [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 § IM M 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 a 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 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 1 2024 $ 438.59 $ 2,900.09 $ 79.67 $ 3,418.35 2025 $ 469.29 $ 2,869.39 $ 81.27 $ 3,419.95 2026 $ 502.14 $ 2,836.53 $ 82.89 $ 3,421.57 2027 $ 537.29 $ 2,801.38 $ 84.55 $ 3,423.23 2028 $ 727.78 $ 2,337.36 $ 86.24 $ 3,151.39 2029 $ 770.87 $ 2,294.28 $ 87.97 $ 3,153.11 2030 $ 816.50 $ 2,248.64 $ 89.72 $ 3,154.87 2031 $ 864.84 $ 2,200.31 $ 91.52 $ 3,156.66 2032 $ 916.04 $ 2,149.11 $ 93.35 $ 3,158.50 2033 $ 970.27 $ 2,094.88 $ 95.22 $ 3,160.36 2034 $ 1,027.71 $ 2,037.44 $ 97.12 $ 3,162.27 2035 $ 1,088.55 $ 1,976.60 $ 99.06 $ 3,164.21 2036 $ 1,152.99 $ 1,912.16 $ 101.04 $ 3,166.19 2037 $ 1,221.25 $ 1,843.90 $ 103.07 $ 3,169.21 2038 $ 1,293.55 $ 1,771.60 $ 105.13 $ 3,170.27 2039 $ 1,370.12 $ 1,695.02 $ 107.23 $ 3,172.37 2040 $ 1,451.23 $ 1,613.91 $ 109.37 $ 3,174.52 2041 $ 1,537.15 $ 1,528.00 $ 111.56 $ 3,176.71 2042 $ 1,628.15 $ 1,437.00 $ 113.79 $ 3,178.94 2043 $ 1,724.53 $ 1,340.61 $ 116.07 $ 3,181.21 2044 $ 1,826.63 $ 1,238.52 $ 118.39 $ 3,183.54 2045 $ 1,934.76 $ 1,130.38 $ 120.76 $ 3,185.90 2046 $ 2,049.30 $ 1,015.85 $ 123.17 $ 3,188.32 2047 $ 2,170.62 $ 894.53 $ 125.64 $ 3,190.78 2048 $ 2,299.12 $ 766.03 $ 128.15 $ 3,193.29 2049 $ 2,435.23 $ 629.92 $ 130.71 $ 3,195.86 2050 $ 2,579.39 $ 485.75 $ 133.33 $ 3,198.47 2051 $ 2,732.09 $ 333.05 $ 135.99 $ 3,201.14 2052 $ 2,893.83 1 171.31 $ 138.71 $ 3,203.86 Total 5 41,429.81 $ 48,553.56 $ 3,090.68 $ 93,074.05 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/O1/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92%dated 09/O1/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment ANACAPRI PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #1— LOT TYPE 2 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS IMPROVEMENT AREA #1 LOT TYPE 2 PRINCIPAL ASSESSMENT: $46,247.23 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 AnaCapri Public Improveement 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. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [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 [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: FRY_ I 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 names) 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 Notary Public, State of Texas]3 , 20_. 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 [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 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 2 2024 $ 489.59 $ 3,237.31 $ 88.94 $ 3,815.83 2025 $ 523.86 $ 3,203.03 $ 90.72 $ 3,817.61 2026 $ 560.53 $ 3,166.36 $ 92.53 $ 3,819.43 2027 $ 599.77 $ 3,127.13 $ 94.38 $ 3,821.28 2028 $ 812.41 $ 2,609.15 $ 96.27 $ 3,517.83 2029 $ 860.50 $ 2,561.05 $ 98.19 $ 3,519.75 2030 $ 911.45 $ 2,510.11 $ 100.16 $ 3,521.72 2031 $ 965.40 $ 2,456.16 $ 102.16 $ 3,523.72 2032 $ 1,022.55 $ 2,399.00 $ 104.20 $ 3,525.76 2033 $ 1,083.09 $ 2,338.47 $ 106.29 $ 3,527.85 2034 $ 1,147.21 $ 2,274.35 $ 108.41 $ 3,529.97 2035 $ 1,215.12 $ 2,206.43 $ 110.58 $ 3,532.14 2036 $ 1,287.06 $ 2,134.50 $ 112.79 $ 3,534.35 2037 $ 1,363.25 $ 2,058.31 $ 115.05 $ 3,536.61 2038 $ 1,443.96 $ 1,977.60 $ 117.35 $ 3,538.91 2039 $ 1,529.44 $ 1,892.12 $ 119.70 $ 3,541.26 2040 $ 1,619.98 $ 1,801.58 $ 122.09 $ 3,543.65 2041 $ 1,715.89 $ 1,705.67 $ 124.53 $ 3,546.09 2042 $ 1,817.47 $ 1,604.09 $ 127.02 $ 3,548.58 2043 $ 1,925.06 $ 1,496.50 $ 129.56 $ 3,551.12 2044 $ 2,039.02 $ 1,382.53 $ 132.16 $ 3,553.71 2045 $ 2,159.73 $ 1,261.82 $ 134.80 $ 3,556.36 2046 $ 2,287.59 $ 1,133.97 $ 137.49 $ 3,559.05 2047 $ 2,423.01 $ 998.54 $ 140.24 $ 3,561.80 2048 $ 2,566.46 $ 855.10 $ 143.05 $ 3,564.61 2049 $ 2,718.39 $ 703.17 $ 145.91 $ 3,567.47 2050 $ 2,879.32 $ 542.24 $ 148.83 $ 3,570.39 2051 $ 3,049.78 $ 371.78 $ 151.81 $ 3,573.36 2052 $ 3,230.32 $ 191.24 $ 154.84 $ 3,576.40 Total $ 46,247.23 $ 54,199.32 $ 3,450.06 $ 103,896.61 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment ANACAPRI PUBLIC IMPROVEMENT DISTRICT —IMPROVEMENT AREA #2A — INITIAL PARCEL BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS IMPROVEMENT AREA #2A INITIAL PARCEL PRINCIPAL ASSESSMENT: $109136,000.00 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 AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [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. FI= M DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]2 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [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 120 . Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [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 § r A 93, 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 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2A INITIAL PARCEL 2024 $ 107,303.79 $ 709,520.00 $ 12,008.85 $ 828,832.64 2025 $ 114,815.05 $ 702,008.73 $ 12,249.03 $ 829,072.81 2026 $ 122,852.10 $ 693,971.68 $ 12,494.01 $ 829,317.79 2027 $ 131,451.75 $ 685,372.03 $ 12,743.89 $ 829,567.67 2028 $ 178,055.55 $ 571,946.98 $ 12,998.77 $ 762,901.29 2029 $ 188,596.44 $ 561,306.09 $ 13,258.74 $ 763,161.27 2030 $ 199,761.35 $ 550,141.18 $ 13,523.92 $ 763,426.44 2031 $ 211,587.22 $ 538,315.31 $ 13,794.39 $ 763,696.92 2032 $ 224,113.18 $ 525,789.34 $ 14,070.28 $ 763,972.81 2033 $ 237,380.68 $ 512,521.84 $ 14,351.69 $ 764,254.21 2034 $ 251,433.62 $ 498,468.91 $ 14,638.72 $ 764,541.25 2035 $ 266,318.49 $ 483,584.04 $ 14,931.50 $ 764,834.02 2036 $ 282,084.54 $ 467,817.98 $ 15,230.13 $ 765,132.65 2037 $ 298,783.95 $ 451,118.58 $ 15,534.73 $ 765,437.25 2038 $ 316,471.96 $ 433,430.57 $ 15,845.42 $ 765,747.95 2039 $ 335,207.10 $ 414,695.43 $ 16,162.33 $ 766,064.86 2040 $ 355,051.36 $ 394,851.17 $ 16,485.58 $ 766,388.10 2041 $ 376,070.40 $ 373,832.13 $ 16,815.29 $ 766,717.82 2042 $ 398,333.77 $ 351,568.76 $ 17,151.59 $ 767,054.12 2043 $ 421,915.13 $ 327,987.40 $ 17,494.63 $ 767,397.15 2044 $ 446,892.50 $ 303,010.02 $ 17,844.52 $ 767,747.05 2045 $ 473,348.54 $ 276,553.99 $ 18,201.41 $ 768,103.94 2046 $ 501,370.77 $ 248,531.75 $ 18,565.44 $ 768,467.96 2047 $ 531,051.92 $ 218,850.61 $ 18,936.75 $ 768,839.27 2048 $ 562,490.19 $ 187,412.33 $ 19,315.48 $ 769,218.01 2049 $ 595,789.61 $ 154,112.91 $ 19,701.79 $ 769,604.32 2050 $ 631,060.36 $ 118,842.17 $ 20,095.83 $ 769,998.35 2051 $ 668,419.13 $ 81,483.39 $ 20,497.74 $ 770,400.27 2052 5 707,989.55 S 41,912.98 $ 20,907.70 $ 770,810.22 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/O1/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment ANACAPRI PUBLIC IMPROVEMENT DISTRICT— IMPROVEMENT AREA#2A—LOT TYPE 3 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall fast give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS IMPROVEMENT AREA #2A LOT TYPE 3 PRINCIPAL ASSESSMENT: $40,748.69 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 AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [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 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 [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 Notary Public, State of Texas]3 ,20 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 [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 120 . 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 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2A LOT TYPE 3 2024 $ 431.38 $ 2,852.41 $ 48.28 $ 3,332:01 2025 $ 461.58 $ 2,822.21 $ 49.24 $ 3,33303 2026 $ 493.89 $ 2,789.90 $ 50.23 $ 3,334.02 2027 $ 528.46 $ 2,755.33 $ 51.23 $ 3,335.02 2028 $ 715.82 $ 2,298.94 $ 52.26 $ 3,067.01 2029 $ 758.19 $ 2,256.56 $ 53.30 $ 3,068.06 2030 $ 803.08 $ 2,211.67 $ 54.37 $ 3,069.12 2031 $ 850.62 $ 2,164.13 $ 55.46 $ 3,070.21 2032 $ 900.98 $ 2,113.78 $ 56.57 $ 3,071.32 2033 $ 954.32 $ 2,060.44 $ 57.70 $ 3,072.45 2034 $ 1,010.81 $ 2,003.94 $ 58.85 $ 3,073.60 2035 $ 1,070.65 $ 1,944.10 $ 60.03 $ 3,074.78 2036 $ 1,134.03 $ 1,880.72 $ 61.23 $ 3,075.98 2037 $ 1,201.17 $ 1,813.58 $ 62.45 $ 3,077.21 2038 $ 1,272.28 $ 1,742.48 $ 63.70 $ 3,078.46 2039 $ 1,347.60 $ 1,667.16 $ 64.98 $ 3,079.73 2040 $ 1,427.38 $ 1,587.38 $ 66.28 $ 3,081.03 2041 $ 1,511.88 $ 1,502.88 $ 67.60 $ 3,082.35 2042 $ 1,601.38 $ 1,413.37 $ 68.95 $ 3,083.71 2043 $ 1,696.18 $ 1,318.57 $ 70.33 $ 3,085.09 2044 $ 1,796.59 $ 1,218.16 $ 71.74 $ 3,086.49 2045 $ 1,902.95 $ 1,111.80 $ 73.17 $ 3,087.93 2046 $ 2,015.61 $ 999.15 $ 74.64 $ 3,089.39 2047 $ 2,134.93 $ 879.82 $ 76.13 $ 3,090.88 2048 $ 2,261.32 $ 753.43 $ 77.65 $ 3,092A1 2049 $ 2,395.19 $ 619.56 $ 79.21 $ 3,093.96 2050 $ 2,536.99 $ 477.77 $ 80.79 $ 3,095.54 2051 $ 2,687.17 $ 327.58 $ 82.40 $ 3,097.16 2052 $ 2,846.26 $ 168.50 $ 84.05 $ 3,098.81 Total I 5 40,748.69 5 47,755.32 5 1,872.81 5 90,376.82 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/O1/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment t PRI PUBLIC IMPROVEMENT DISTRICT —IMPROVEMENT AREA #2A—LOT TYPE 4 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS IMPROVEMENT AREA #2A LOT TYPE 4 PRINCIPAL ASSESSMENT: $45,486.91 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 AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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 alien on and the foreclosure of your property. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [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 [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20. Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: 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 Notary Public, State of Texas]4 , 20_. a 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 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2A LOT TYPE 4 2024 $ 481.54 $ 3,184.08 $ 53.89 $ 3,719.52 2025 $ 515.25 $ 3,150.38 $ 54.97 $ 3,720.60 2026 $ 551.32 $ 3,114.31 $ 56.07 $ 3,721.70 2027 $ 589.91 $ 3,075.72 $ 57.19 $ 3,722.82 2028 $ 799.05 $ 2,566.25 $ 58.33 $ 3,423.64 2029 $ 846.36 $ 2,518.95 $ 59.50 $ 3,424.81 2030 $ 896.46 S 2,468.85 $ 60.69 $ 3,426.00 2031 $ 949.53 $ 2,415.78 $ 61.90 $ 3,427.21 2032 $ 1,005.74 $ 2,359.56 $ 63.14 $ 3,428.45 2033 $ 1,065.28 $ 2,300.02 $ 64.41 $ 3,429.71 2034 $ 1,128.35 $ 2,236.96 $ 65.69 $ 3,431.00 2035 $ 1,195.15 $ 2,170.16 $ 67.01 $ 3,432.31 2036 $ 1,265.90 $ 2,099.41 $ 68.35 $ 3,433.65 2037 $ 1,340.84 $ 2,024.47 $ 69.71 $ 3,435.02 2038 $ 1,420.22 $ 1,945.09 $ 71.11 $ 3,436.42 2039 $ 1,504.30 $ 1,861.01 $ 72.53 $ 3,437.84 2040 $ 1,593.35 $ 1,771.96 $ 73.98 $ 3,439.29 2041 $ 1,687.68 $ 1,677.63 $ 75.46 $ 3,440.77 2042 $ 1,787.59 $ 1,577.72 $ 76.97 $ 3,442.28 2043 $ 1,893.41 $ 1,471.90 $ 78.51 $ 3,443.82 2044 5 2,005.50 $ 1,359.81 $ 80.08 $ 3,445.39 2045 $ 2,124.23 $ 1,241.08 $ 81.68 $ 3,446.99 2046 $ 2,249.98 $ 1,115.33 $ 83.32 $ 3,448.62 2047 $ 2,383.18 $ 982.13 $ 84.98 $ 3,450.29 2048 $ 2,524.26 $ 841.04 $ 86.68 $ 3,451.99 2049 $ 2,673.70 $ 691.61 $ 88.41 $ 3,453.72 2050 $ 2,831.98 $ 533.32 $ 90.18 $ 3,455.49 2051 $ 2,999.64 $ 365.67 $ 91.99 $ 3,457.29 2052 $ 3,177.22 $ 188.09 $ 93.83 $ 3,459.13 Total $ 45,486.92 $ 53,308.26 $ 2,090.58 $ 100,885.75 Footnotes: 1) Interest is calculated at 7.00%for years 1-5, which is not higher than 5%above the Bond Buyer Index of 3.92% dated 09/O1/2022, as allowed by the PID Act. Interest is calculated at 5.92%each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment 2023 - 2023000094528 o811712023 02:23 PM Page 1 of 57 CITY OF ANNA ORDINANCE NO. 1058— 20;L3 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING THE 2023 ANNUAL SERVICE PLAN UPDATE TO THE SERVICE AND ASSESSMENT PLAN, INCLUDING THE ASSESSMENT ROLL, FOR THE ANACAPRI PUBLIC IMPROVEMENT DISTRICT IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERNMENT CODE, AS AMENDED; AND PROVIDING AN EFFECTIVE DATE. RECITALS WHEREAS, on April 12, 2022, after notice and a public hearing in the manner required by law, the City Council (the "City Council") of the City of Anna, Texas (the "City") passed and approved Resolution No. 2022-04-1140 authorizing the creation of the AnaCapri Public Improvement District (the "District"); and WHEREAS, on September 13, 2022, after notice and a public hearing in the manner required by law, the City Council passed an Ordinance approving the "AnaCapri Public Improvement District Service and Assessment Plan," (the "Service and Assessment Plan") including the Assessment Roll attached to the Service and Assessment Plan (the "Assessment Roll"), and levied the Assessments on property within District in accordance with the Assessment Roll for the purposes of financing the public improvements (the "Authorized Improvements") undertaken for the benefit of such property; and WHEREAS, Chapter 372, Texas Local Government Code (as amended, the "PID Act") requires the Service and Assessment Plan to be reviewed and updated annually for the purposes of determining the annual budget for the Authorized Improvements; and WHEREAS, the City Council has received the "AnaCapri Public Improvement District 2023 Annual Service Plan Update" (the "Annual Service Plan Update") which includes the updated Assessment Roll and now desires to proceed with the adoption of this Ordinance which approves and adopts the Annual Service Plan Update and updated Assessment Roll for District as required by the PID Act. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS: Section 1. Terms. Terms not otherwise defined herein are defined in the Service and Assessment Plan. Section 2. Findings. That the recitals and findings in the Recitals of this Ordinance are hereby found and determined to be true and correct and constitute the legislative findings and determinations of the City Council. 2023 - 2023000094528 0811712023 02:23 PM Page 2 of 57 Section 3. assessment Plan. The Annual Seii-ice Plan Update, including the updated Assessment Roll contained therein, in the form attached as Exhibit A is hereby approved and the same is incorporated as part of this Ordinance as if fully set forth in the body of this Ordinance. Section 4. Severabilit`•. 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 governing body of the City in adopting this Ordinance that no portion hereof, or provision or regulation contained herein shall become inoperative or fail by reason of any unconstitutionality, voidness. or invalidity of any other portion hereof: and all provisions of this Ordinance are declared to be severable for that purpose. Section S. Filing in Land Records. The City Secretary is directed to cause a copy of this Ordinance, including the 2023 Annual Service Plan Update. to be recorded in the real property records of Collin County. Texas. on or before July 18. 2023. The City Secretary is further directed to 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 Sen-ice Plan Update is approved. Section 6. Effective Date. This Ordinance shall take effect immediately from and after its passage in accordance with applicable law. PASSED by the City Council of the City of Anna. Texas this 111' day of July 2023. Carrie L. Land, City Seeretary Lee Miller, Mayor Pro Tern 2023 - 2023000094528 08I1712023 02:23 PM Page 3 of 57 Exhibit A 2023 Annual Service Plan Update [Remainder of page left intentionally blank.] 2023 - 2023OW094528 08/17/2023 02:23 PM Page 4 of 57 Vt3TZKS 1 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE J U LY 11, 2023 ■ 2023 - 2023000094528 o811712023 02:23 PM Page 5 of 57 INTRODUCTION Capitalized terms used in this 2023 Annual Service Plan Update shall have the meanings set forth in the Service and Assessment Plan (the "SAP"). The District was created pursuant to the PID Act by Resolution No. 2022-04-1140 on April 12, 2022, by the City Council to finance certain Authorized Improvements for the benefit of the property in the District. On September 13, 2022, the City Council approved Ordinance No. 1001-2022 which approved the SAP for the District and levied Assessments to finance the Authorized Improvements to be constructed for the benefit of the Assessed Property within the District. The SAP also set forth the costs of the Authorized Improvements, and the manner of assessing the property in the District for the costs of such Authorized Improvements based on the benefit provided to the Assessed Property. Pursuant to the PID Act, the SAP must be reviewed and updated annually. This document is the Annual Service Plan Update for 2023. The City Council also adopted an Assessment Roll identifying the Assessments on each Lot within the District, based on the method of assessment identified in the SAP. This 2023 Annual Service Plan Update also updates the Assessment Roll for 2023. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 1 2023 - 2023000094528 08/17/2023 0223 PM Page 6 of 57 PARCEL SUBDIVISION Improvement Area #1: There have not been any recoded plats in Improvement Area #1. Improvement Area #2A: There have not been any recoded plats in Improvement Area #2A. See Exhibit D for the Lot Type classification map. LOT AND HOME SALES Improvement Area #1 Improvement Area #1 is anticipated to include approximately 458 Lots further designated as 174 Lot Type 1 Lots and 284 Lot Type 2 Lots anticipated to be developed as single-family homes. Per the Developer as of March 31, 2023, Improvement Area #1 has no Lots under contract with end users. Improvement Area #2A Improvement Area #2A is anticipated to include approximately 237 Lots further designated as 136 Lot Type 3 Lots and 101 Lot Type 4 Lots anticipated to be developed as single-family homes. Per the Developer as of March 31, 2023, Improvement Area #2A has no Lots under contract with end users. See Exhibit E for the buyer disclosures. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08,11712023 02:23 PM Page 7 of 57 AUTHORIZED IMPROVEMENTS Per the Developer, the Authorized Improvements listed in the SAP for Improvement Area #1 are currently under construction and projected to be completed in the third quarter of 2023, the Authorized Improvements for Improvement Area #2 have not started construction and are projected to be completed in the fourth quarter of 2024The budget for the Authorized Improvements remains unchanged as shown on the table below. Authorized Improvements Original Forecast Completion Budget Date Improvement Area #1 Improvements Roadway Improvements $ 5,583,370 Q3, 2023 Water Systems 1,880,843 Q3, 2023 Sanitary Sewer 1,447,746 Q3, 2023 Storm Sewer 3,218,991 Q3, 2023 Site Fencing, Retaining Walls, Landscape 1,398,604 Q3, 2023 Soft Costs 4,998,569 Q3, 2023 Subtotal $18,528,122 Improvement Area #2 Improvements Roadway Improvements $ 1,032,532 Q4, 2024 Water Systems 510,957 Q4, 2024 Sanitary Sewer 2,112,336 Q4, 2024 Storm Sewer 1,206,865 Q4, 2024 Site Fencing, Retaining Walls, Landscape 976,139 Q4, 2024 Soft Costs 1,352,408 Q4, 2024 Subtotal $ 7,191,237 Improvement Area #2A Improvements Roadway Improvements $ 4,149,405 Q4, 2024 Water Systems 921,494 Q4, 2024 Sanitary Sewer 767,152 Q4, 2024 Storm Sewer 841,028 Q4, 2024 Site Fencing, Retaining Walls, Landscape 592,655 Q4, 2024 Soft Costs 2,447,957 Q4, 2024 Subtotal $ 9,719,692 OUTSTANDING ASSESSMENT Improvement Area #1 has an outstanding Assessment of $20,343,0001. 1 Outstanding Assessment was reduced as shown on Exhibit C-1. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 3 2023 - 2023000094528 o811712023 02:23 PM Page 8 of 57 Improvement Area #2A has an outstanding Assessment of $10,136,000.002. TIRZ NO. 4 ANNUAL CREDIT AMOUNT The TIRZ No. 4 Annual Credit Amount shall only be applied to principal and interest component of the Annual Installment, as further described in the SAP. Application of qualifying property tax exemptions may decrease or eliminate the amount of the TIRZ No. 4 Annual Credit Amount on a parcel -by -parcel basis. Since the Assessed Property has not yet been platted, there is no TIRZ No. 4 Annual Credit Amount included in this 2023 Annual Service Plan Update. The table below shows the TIRZ No. 4 Maximum Annual Credit Amount as originally described in the SAP. ANNUAL INSTALLMENT DUE 1/31/2024 Improvement Area #1 ■ Principal and Interest — The total principal and interest required for the Annual Installment is $1,639,369.21. ■ Annual Collection Costs —The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment is $39,121.15. Outstanding Assessment was reduced as shown on Exhibit C-2. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 4 2023 - 2023000094528 o811712023 02:23 PM Page 9 of 57 Administration $ 20,429.21 City Auditor $ 1,669.05 Filing Fees $ 667.62 County Collection $ 687.65 Miscellaneous $ 667.62 Draw Request Review $ 15,000.00 Total Annual Collection Costs $ 39,121.15 Principal Interest Annual Collection Costs Total Annual Collection Costs $ 215,359.21 $ 1,424,010.00 $ 39,121.15 $ 1,678,490.36 See Exhibit B-1 for the reimbursement schedule for Improvement Area #1. Improvement Area #2A ■ Principal and Interest — The total principal and interest required for the Annual Installment is $816,823.79. ■ Annual Collection Costs —The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment is $12,008.85. Administration $ 10,170.79 City Auditor $ 830.95 Filing Fees $ 332.38 County Collection $ 342.35 Miscellaneous $ 332.38 Total Annual Collection Costs $ 12,008.85 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 5 2023 - 2023000094528 08117/2023 0223 PM Page 10 of 57 Due January 31, 2024 Principal $ 107,303.79 Interest $ 709,520.00 Annual Collection Costs $ 12,008.85 Total Annual Collection Costs $ 828,832.64 See Exhibit B-2 for the reimbursement schedule for Improvement Area #2A. PREPAYMENT OF ASSESSMENTS IN FULL No full prepayments of Assessments have occurred within the District. PARTIAL PREPAYMENT OF ASSESSMENTS No partial prepayments of Assessments have occurred within the District. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 02:23 PM Page 11 of 57 SERVICE PLAN — FIVE YEAR BUDGET FORECAST i The PID Act requires the annual indebtedness and projected costs for the Authorized Improvements to be reviewed and updated in the Annual Service Plan Update, and the projection shall cover a period of not less than five years. Principal $ 215,359.21 S 230,434.35 S 246,564.76 $ 263,824.29 $ 357,358.33 Interest 1,424,010.00 1,408,934.86 1,392,804.45 1,375,544.92 1,147,699.59 (1) $ 1,639,369.21 $ 1,639,369.21 S 1,639,369.21 S 1,639,369.21 $ 1,505,057.92 Annual Collection Costs (2) $ 39,121.15 $ 39,903.57 $ 40,701.64 $ 41,515.68 S 42,345.99 Additional Interest' (3) S - S - S - $ - $ - Total Annual Installment (3) = (1) + (2) $ 1,678,490.36 $ 1,679,272.78 $ 1,680,070.85 $ 1,680,884.88 $ 1,547,403.91 Principal S 107,303.79 S 114,815.05 $ 122,852.10 $ 131,451.75 S 178,055.55 Interest S 709,520.00 S 702,008.73 $ 693,971.68 $ 685,372.03 S 571,846.98 (1) $ 816,823.79 $ 816,823.79 $ 816,823.79 $ 816,823.79 S 749,902.53 Annual Collection Costs (2) $ 12,008.85 $ 12,249.03 S 12,494.01 S 12,743.89 $ 12,998.77 Additional Interest" (3) S - S - S - $ - $ - Total Annual Installment (3) = (1) + (2) $ 828,832.64 $ 829,072.81 $ 829,317.79 $ 829,567.67 $ 762,901.29 Footnotes: (1) Additional Interest will not be charged on the Improvement Area #1 Reimbursement Obligation, or the Improvement Area #2A Reimbursement Obligation. In the event PID Bonds are issued, the Service Plan and Assessment Roll shall be updated to reflect the Additional Interest collected for the PID Bonds. ASSESSMENT ROLLS The list of current Parcels or Lots within the District, the corresponding total Assessments, and current Annual Installment are shown on the Assessment Rolls attached hereto as Exhibit A-1, and Exhibit A-2. The Parcels or Lots shown on the Assessment Rolls will receive the bills for the 2023 Annual Installments which will be delinquent if not paid by January 31, 2024. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 7 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023OW094528 08117/2023 02:23 PM Page 12 of 57 EXHIBIT A-1- IMPROVEMENT AREA #1 ASSESSMENT ROLL Footnotes: (1) The entire Improvement Area #1 Initial Parcel is contained within Property ID 2770352. For billing purposes, the Annual Installment due 1/31/2024 shall be allocated pro rata based on acreage. ANACAPRI PUBLIC IMPROVEMENT DISTRICT $ 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 02:23 PM Page 13 of 57 EXHIBIT A-2 - IMPROVEMENT AREA #2A ASSESSMENT ROLL Footnotes: (1) The entire Improvement Area #2A Initial Parcel is contained within Property ID 2759616, and 2759795. For billing purposes, the Annual Installment due 1/31/2024 shall be allocated pro rata based on acreage. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 9 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 0223 PM Page 14 of 57 EXHIBIT B-1- IMPROVEMENT AREA #1 REIMBURSEMENT SCHEDULE _ ^_ 2024 $ 215,359.21 S 1,424,010.00 $ 39,121.15 $ 1,678,490.36 2025 $ 230,434.35 $ 1,408,934.86 5 39,903.57 $ 1,679,272.78 2026 $ 246,564.76 S 1,392,804.45 $ 40,701.64 $ 1,680,070.85 2027 S 263,824.29 $ 1,375,544.92 $ 41,515.68 $ 1,680,884.88 2028 $ 357,358.33 $ 1,147,699.59 $ 42,345.99 $ 1,547,403.91 2029 $ 378,513.94 $ 1,126,543.98 $ 43,192.91 $ 1,548,250.83 2030 $ 400,921.97 $ 1,104,135.95 $ 44,056.77 $ 1,549,114.69 2031 S 424,656.55 $ 1,080,401.37 $ 44,937.90 $ 1,549,995.83 2032 $ 449,796.22 $ 1,055,261.70 $ 45,836.66 $ 1,550,894.58 2033 $ 476,424.15 $ 1,028,633.77 $ 46,753.40 $ 1,551,811.32 2034 $ 504,628.46 $ 1,000,429.46 $ 47,688.46 $ 1,552,746.38 2035 5 534,502.47 $ 970,555.45 $ 48,642.23 $ 1,553,700.15 2036 $ 566,145.02 $ 938,912.91 $ 49,615.08 $ 1,554,673.00 2037 $ 599,660.80 $ 905,397.12 $ 50,607.38 $ 1,555,665.30 2038 $ 635,160.72 $ 869,897.20 $ 51,619.53 $ 1,556,677.45 2039 $ 672,762.23 $ 832,295.69 $ 52,651.92 $ 1,557,709.84 2040 $ 712,589.76 $ 792,468.16 $ 53,704.96 $ 1,558,762.88 2041 $ 754,775.07 $ 750,282.85 $ 54,779.05 $ 1,559,836.98 2042 $ 799,457.76 $ 705,600.16 $ 55,874.64 $ 1,560,932.56 2043 $ 846,785.66 $ 658,272.26 $ 56,992.13 $ 1,562,050.05 2044 $ 896,915.37 $ 608,142.55 $ 58,131.97 $ 1,563,189.89 2045 $ 950,012.76 $ 555,045.16 $ 59,294.61 $ 1,564,352.53 2046 $ 1,006,253.51 $ 498,804.41 $ 60,480.50 $ 1,565,538.42 2047 $ 1,065,823.72 $ 439,234.20 $ 61,690.11 $ 1,566,748.03 2048 $ 1,128,920.48 $ 376,137.44 $ 62,923.91 $ 1,567,981.84 2049 $ 1,195,752.58 $ 309,305.34 $ 64,182.39 $ 1,569,240.31 2050 $ 1,266,541.13 $ 238,516.79 $ 65,466.04 $ 1,570,523.96 2051 $ 1,341,520.36 $ 163,537.56 $ 66,775.36 $ 1,571,833.28 2052 S 1,420,938.37 $ 84,119.55 $ 68,110.87 $ 1,573,168.79 Total $ 20,343,000.00 $ 23,840,924.86 $1,517,596.83 $ 45,701,521.68 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 10 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 02:23 PM Page 15 of 57 EXHIBIT B-2 - IMPROVEMENT AREA #2A REIMBURSEMENT SCHEDULE 2024 $ 107,303.79 $ 709,520.00 $ 12,008.85 $ 828,832.64 2025 $ 114,815.05 $ 702,008.73 $ 12,249.03 $ 829,072.81 2026 $ 122,852.10 $ 693,971.68 $ 12,494.01 $ 829,317.79 2027 $ 131,451.75 $ 685,372.03 $ 12,743.89 $ 829,567.67 2028 $ 178,055.55 $ 571,846.98 $ 12,998.77 $ 762,901.29 2029 $ 188,596.44 $ 561,306.09 $ 13,258.74 $ 763,161.27 2030 $ 199,761.35 $ 550,141.18 $ 13,523.92 $ 763,426.44 2031 $ 211,587.22 $ 538,315.31 $ 13,794.39 $ 763,696.92 2032 $ 224,113.18 $ 525,789.34 $ 14,070.28 $ 763,972.81 2033 $ 237,380.68 $ 512,521.84 $ 14,351.69 $ 764,254.21 2034 $ 251,433.62 $ 498,468.91 $ 14,638.72 $ 764,541.25 2035 $ 266,318.49 $ 483,584.04 $ 14,931.50 $ 764,834.02 2036 $ 282,084.54 $ 467,817.98 $ 15,230.13 $ 765,132.65 2037 $ 298,783.95 $ 451,118.58 $ 15,534.73 $ 765,437.25 2038 $ 316,471.96 $ 433,430.57 $ 15,845.42 $ 765,747.95 2039 $ 335,207.10 $ 414,695.43 $ 16,162.33 $ 766,064.86 2040 $ 355,051.36 $ 394,851.17 $ 16,485.58 $ 766,388.10 2041 $ 376,070.40 $ 373,832.13 $ 16,815.29 $ 766,717.82 2042 $ 398,333.77 $ 351,568.76 $ 17,151.59 $ 767,054.12 2043 $ 421,915.13 $ 327,987.40 $ 17,494.63 $ 767,397.15 2044 $ 446,892.50 $ 303,010.02 $ 17,844.52 $ 767,747.05 2045 $ 473,348.54 $ 276,553.99 $ 18,201.41 $ 768,103.94 2046 $ 501,370.77 $ 248,531.75 $ 18,565.44 $ 768,467.96 2047 $ 531,051.92 $ 218,850.61 $ 18,936.75 $ 768,839.27 2048 $ 562,490.19 $ 187,412.33 $ 19,315.48 $ 769,218.01 2049 $ 595,789.61 $ 154,112.91 $ 19,701.79 $ 769,604.32 2050 $ 631,060.36 $ 118,842.17 $ 20,095.83 $ 769,998.35 2051 $ 668,419.13 $ 81,483.39 $ 20,497.74 $ 770,400.27 2052 $ 707,989.55 $ 41,912.98 $ 20,907.70 $ 770,810.22 Total $ 10,136,000.00 $ 11,878,858.30 $ 465,850.13 $ 22,480,708.42 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 11 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 0223 PM Page 16 of 57 EXHIBIT C-1— IMPROVEMENT AREA #1 REDUCTION OF ASSESSMENT Reduction in Assessment Since Levy Original Assessment levied in 2022 (1) $ 22,145,000.00 Principal due in 1/31/2023 Annual Installment (2) 473,601.91 Interest due in 1/31/2023 Annual Installment' (3) 1,310,984.00 Reduction in Assessment due to Lot Type reconfiguration (4) $ 17,357.56 Outstanding Assessment (5) = (1) - (2) - (3) - (4) 20,343,056.54 To be forgiven for rounding (6) $ 56.54 Improvement Area #1 Assessment Footnotes: (7) = (5) - (6) $ 20,343,000.00 (1) Interest amount from 1/31/2023 Assessment collected, but not earned, and resulted in a principal reduction to Improvement Area #1 Assessment. (2) Developer updated Lot Type Configuration to remove six Lot Type 1 units, and add five Lot Type 2 units, resulting in a decrease in the Estimated Buildout Value, and a mandatory reduction in the Assessment. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 12 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 0223 PM Page 17 of 57 EXHIBIT C-2 - IMPROVEMENT AREA #2A REDUCTION OF ASSESSMENT Original Assessment levied in 2022 (1) $ 11,025,000.00 Principal due in 1/31/2023 Annual Installment (2) 235,785.10 Interest due in 1/31/2023 Annual Installment' (3) 652,680.00 Net Outstanding Assessment (4) = (1) + (2) + (3) 10,136,534.90 To be forgiven for rounding (5) $ 534.90 Improvement Area #2A Assessment (6) = (4) - (5) $ 10,136,000.00 Footnotes: (1) Interest amount from 1/31/2023 Assessment collected, but not earned, and resulted in a principal reduction to Improvement Area #2A Assessment. ANACAPRI PUBLIC IMPROVEMENT DISTRICT 13 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 02:23 PM Page 18 of 57 EXHIBIT D — LOT TYPE CLASSIFICATION MAP Phase lA Total Lots 40'Lots 0 SO' lots ~ 190 Phase 1B 40'Lots _ 107 50'Lots 98 Phase IC _ 40' lots 61 50' Lots i 1 21 Improvement Area #1 • • PHASE 1 A 0 ANACAPRI PHASES EXHIBIT IF I F -TI -L E L I _ ANACAPRI PUBLIC IMPROVEMENT DISTRICT 14 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 0223 PM Page 19 of 57 Improvement Area #2A MPHASE 3 PHASE 2 PHASE 4 t i 1. I' (tl� ANACAPRI PHASES Phase 2 Total Lots EXHIBIT 40' Lots 91 50' Lots 146 IF I F. W- L E_ L I I Phase 3 Total Lots 40' Lots 126 '� l m1•Pr fl,ryl:Il fxr,v. 50' Lots 122 ..:..iM.,... ,. Phase 4 Total Lots irl e w wr.>.r Rm•rin lmm an;n': 40' Lots 146 NONNI Aii�50Lou ! MEH21002 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 15 2023 ANNUAL SERVICE PLAN UPDATE 2023 - 2023000094528 08117/2023 02:23 PM Page 20 of 57 EXHIBIT E - BUYER DISCLOSURES Buyer disclosures for the following Lot Types are found in this Exhibit: ■ Improvement Area #1 o Improvement Area #1 Initial Parcel o Lot Type 1 o Lot Type 2 ■ Improvement Area #2A c> Improvement Area #2A Initial Parcel o Lot Type 3 o Lot Type 4 ANACAPRI PUBLIC IMPROVEMENT DISTRICT 2023 ANNUAL SERVICE PLAN UPDATE 16 2023 - 2023000094528 08117/2023 02:23 PM Page 21 of 57 ANACAPRI PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #1— INITIAL PARCEL BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otheiivise convey real property that is located in a public improvement district established under Subchapter A. Chapter 372, Local Goverment 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 sit 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, conser-vatorship, 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: S) 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 lire 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. 2023 - 2023WO094528 08117/2023 0223 PM Page 22 of 57 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 #1 INITIAL PARCEL PRINCIPAL ASSESSMENT: $20,343,000.00 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 AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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. 2023 - 2023WO094528 08117/2023 0223 PM Page 23 of 57 [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 I DYA 13 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 2023 - 2023WO094528 08117/2023 0223 PM Page 24 of 57 [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 . Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2023 - 2023WX)94528 08117/2023 02:23 PM Page 25 of 57 [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 2023 - 2023WO094528 08117/2023 0223 PM Page 26 of 57 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 INITIAL PARCEL 2024 $ 215,359.21 $ 1,424,010.00 $ 39,121.15 $ 1,678,490.36 2025 $ 230,434.35 $ 1,408,934.86 $ 39,903.57 $ 1,679,272.78 2026 $ 246,564.76 $ 1,392,804.45 $ 40,701.64 $ 1,680,070.85 2027 $ 263,824.29 $ 1,375,544.92 $ 41,515.68 $ 1,680,884.88 2028 $ 357,358.33 $ 1,147,699.59 $ 42,345.99 $ 1,547,403.91 2029 $ 378,513.94 $ 1,126,543.98 $ 43,192.91 $ 1,548,250.83 2030 $ 400,921.97 $ 1,104,135.95 $ 44,056.77 $ 1,549,114.69 2031 $ 424,656.55 $ 1,080,401.37 $ 44,937.90 $ 1,549,995.83 2032 $ 449,796.22 $ 1,055,261.70 $ 45,836.66 $ 1,550,894.58 2033 $ 476,424.15 $ 1,028,633.77 $ 46,753.40 $ 1,551,811.32 2034 $ 504,628.46 $ 1,000,429.46 $ 47,688.46 $ 1,552,746.38 2035 $ 534,502.47 $ 970,555.45 $ 48,642.23 $ 1,553,700.15 2036 $ 566,145.02 $ 938,912.91 $ 49,615.08 $ 1,554,673.00 2037 $ 599,660.80 $ 905,397.12 $ 50,607.38 $ 1,555,665.30 2038 $ 635,160.72 $ 869,897.20 $ 51,619.53 $ 1,556,677.45 2039 $ 672,762.23 $ 832,295.69 $ 52,651.92 $ 1,557,709.84 2040 $ 712,589.76 $ 792,468.16 $ 53,704.96 $ 1,558,762.88 2041 $ 754,775.07 $ 750,282.85 $ 54,779.05 $ 1,559,836.98 2042 $ 799,457.76 $ 705,600.16 $ 55,874.64 $ 1,560,932.56 2043 $ 846,785.66 $ 658,272.26 $ 56,992.13 $ 1,562,050.05 2044 $ 896,915.37 $ 608,142.55 $ 58,131.97 $ 1,563,189.89 2045 $ 950,012.76 $ 555,045.16 $ 59,294.61 $ 1,564,352.53 2046 $ 1,006,253.51 $ 498,804.41 $ 60,480.50 $ 1,565,538.42 2047 $ 1,065,823.72 $ 439,234.20 $ 61,690.11 $ 1,566,748.03 2048 $ 1,128,920.48 $ 376,137.44 $ 62,923.91 $ 1,567,981.84 2049 $ 1,195,752.58 $ 309,305.34 $ 64,182.39 $ 1,569,240.31 2050 $ 1,266,541.13 $ 238,516.79 $ 65,466.04 $ 1,570,523.96 2051 $ 1,341,520.36 $ 163,537.56 $ 66,775.36 $ 1,571,833.28 2052 $ 1,420,938.37 $ 84,119.55 $ 68,110.87 $ 1,573,168.79 Total $ 20,343,000.00 $ 23,840,924.86 $1,517,596.83 $ 45,701,521.68 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Aiuntal histallmeut Schedule to Notice of Obligation to Pay ImproN-ement District Assessment 2023 - 2023WX)94528 08117/2023 02:23 PM Page 27 of 57 ANACAPRI PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #1— LOT TYPE 1 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMMENT 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 Goverlulient Code (except for public improvement districts described under Section 372.005). or Chapter 382. Local Govermnent 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 requirma the notice set forth below. Tllis 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 taut 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 tinder a deed of trust of a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure. >) 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: S) to or from a governrrrental entity: or 9) of only a mineral interest. leasehold interest, or security interest The following notice shall be eiven 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. 2023 - 2023WO094528 08117/2023 0223 PM Page 28 of 57 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 #1 LOT TYPE 1 PRINCIPAL ASSESSMENT: $41,429.81 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 AnaCapH Public Imprm►e»:ent 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. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. 2023 - 2023WX)94528 08117/2023 02:23 PM Page 29 of 57 [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. ��A DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER �� 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 2023 - 2023WO094528 08117/2023 0223 PM Page 30 of 57 [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 . Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2023 - 2023000094528 08117/2023 0223 PM Page 31 of 57 [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 2023 - 2023WO094528 08117/2023 0223 PM Page 32 of 57 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 1 2024 $ 438.59 $ 2,900.09 $ 79.67 $ 3,418.35 2025 $ 469.29 $ 2,869.39 $ 81.27 $ 3,419.95 2026 $ 502.14 $ 2,836.53 $ 82.89 $ 3,421.57 2027 $ 537.29 $ 2,801.38 $ 84.55 $ 3,423.23 2028 $ 727.78 $ 2,337.36 $ 86.24 $ 3,151.39 2029 $ 770.87 $ 2,294.28 $ 87.97 $ 3,153.11 2030 $ 816.50 $ 2,248.64 $ 89.72 $ 3,154.87 2031 $ 864.84 $ 2,200.31 $ 91.52 $ 3,156.66 2032 $ 916.04 $ 2,149.11 $ 93.35 $ 3,158.50 2033 S 970.27 $ 2,094.88 $ 95.22 $ 3,160.36 2034 $ 1,027.71 $ 2,037.44 $ 97.12 S 3,162.27 2035 $ 1,088.55 $ 1,976.60 $ 99.06 $ 3,164.21 2036 $ 1,152.99 $ 1,912.16 $ 101.04 $ 3,166.19 2037 $ 1,221.25 $ 1,843.90 $ 103.07 $ 3,168.21 2038 $ 1,293.55 $ 1,771.60 $ 105.13 $ 3,170.27 2039 $ 1,370.12 S 1,695.02 $ 107.23 $ 3,172.37 2040 $ 1,451.23 $ 1,613.91 $ 109.37 $ 3,174.52 2041 $ 1,537.15 $ 1,528.00 $ 111.56 $ 3,176.71 2042 $ 1,628.15 $ 1,437.00 $ 113.79 $ 3,178.94 2043 $ 1,724.53 $ 1,340.61 $ 116.07 $ 3,181.21 2044 $ 1,826.63 $ 1,238.52 $ 118.39 $ 3,183.54 2045 $ 1,934.76 $ 1,130.38 $ 120.76 $ 3,185.90 2046 $ 2,049.30 $ 1,015.85 $ 123.17 $ 3,188.32 2047 $ 2,170.62 $ 894.53 $ 125.64 $ 3,190.78 2048 $ 2,299.12 $ 766.03 $ 128.15 $ 3,193.29 2049 $ 2,435.23 $ 629.92 $ 130.71 $ 3,195.86 2050 $ 2,579.39 $ 485.75 $ 133.33 $ 3,198.47 2051 $ 2,732.09 $ 333.05 $ 135.99 $ 3,201.14 2052 $ 2,893.83 $ 171.31 $ 138.71 $ 3,203.86 Total $ 41,429.81 $ 48,553.56 $ 3,090.68 $ 93,074.05 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Itnprovemem District Assessment 2023 - 2023WO094528 08117/2023 0223 PM Page 33 of 57 ANACAPRI PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #1— LOT TYPE 2 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A. Chapter 372. Local Government Code (except for public improvement districts described under Section 372.005). or Chapter 382. Local Govermnent Code, shall first give to the purchaser of the property this vwritten 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 sit months is considered a sale requiring the notice set forth below. Tills 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. gtuardianslrip. 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: S) to or from a gowerunental 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 binding contract of purchase and sale, either separately or as all 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. 2023 - 2023WX)94528 08117/2023 02:23 PM Page 34 of 57 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 #1 LOT TYPE 2 PRINCIPAL ASSESSMENT: $46,247.23 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 AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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. i 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. 2023 - 2023WO094528 08117/2023 0223 PM Page 35 of 57 [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 2023 - 2023WX)94528 08117/2023 02:23 PM Page 36 of 57 [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 . Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2023 - 2023WO094528 08117/2023 0223 PM Page 37 of 57 [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 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 2023 - 2023WO094528 08117/2023 0223 PM Page 38 of 57 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 2 Annual Installment Annual Collection Annual Due 1/31 Principal Interest' Costs Installment2 2024 $ 489.59 $ 3,237.31 $ 88.94 S 3,815.83 2025 $ 523.86 $ 3,203.03 S 90.72 5 3,817.61 2026 $ 560.53 $ 3,166.36 $ 92.53 S 3,819.43 2027 $ 599.77 S 3,127.13 $ 94.38 $ 3,821.28 2028 $ 812.41 $ 2,609.15 $ 96.27 $ 3,517.83 2029 $ 860.50 $ 2,561.05 $ 98.19 $ 3,519.75 2030 $ 911.45 $ 2,510.11 $ 100.16 $ 3,521.72 2031 $ 965.40 $ 2,456.16 S 102.16 $ 3,523.72 2032 $ 1,022.55 $ 2,399.00 $ 104.20 $ 3,525.76 2033 $ 1,083.09 $ 2,338.47 $ 106.29 $ 3,527.85 2034 $ 1,147.21 $ 2,274.35 S 108.41 $ 3,529.97 2035 $ 1,215.12 $ 2,206.43 S 110.58 $ 3,532.14 2036 $ 1,287.06 $ 2,134.50 $ 112.79 $ 3,534.35 2037 S 1,363.25 $ 2,058.31 $ 115.05 $ 3,536.61 2038 $ 1,443.96 $ 1,977.60 5 117.35 S 3,538.91 2039 $ 1,529.44 $ 1,892.12 $ 119.70 $ 3,541.26 2040 $ 1,619.98 $ 1,801.58 S 122.09 $ 3,543.65 2041 $ 1,715.89 $ 1,705.67 $ 124.53 $ 3,546.09 2042 $ 1,817.47 $ 1,604.09 S 127.02 $ 3,548.58 2043 $ 1,925.06 $ 1,496.50 $ 129.56 $ 3,551.12 2044 $ 2,039.02 $ 1,382.53 $ 132.16 $ 3,553.71 2045 $ 2,159.73 $ 1,261.82 $ 134.80 $ 3,556.36 2046 $ 2,287.59 $ 1,133.97 $ 137.49 S 3,559.05 2047 $ 2,423.01 $ 998.54 $ 140.24 S 3,561.80 2048 $ 2,566.46 $ 855.10 $ 143.05 $ 3,564.61 2049 $ 2,718.39 $ 703.17 $ 145.91 $ 3,567.47 2050 $ 2,879.32 $ 542.24 $ 148.83 $ 3,570.39 2051 $ 3,049.78 $ 371.78 $ 151.81 $ 3,573.36 2052 $ 3,230.32 $ 191.24 S 154.84 $ 3,576.40 Total $ 46,247.23 $ 54,199.32 $ 3,450.06 $ 103,896.61 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay hnprovement District Assessment 2023 - 2023OW094528 08117/2023 OZ23 PM Page 39 of 57 ANACAPRI PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #2A — INITIAL PARCEL BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherivise 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 Govenunent 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 sit months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) tinder a court order or foreclosure sale; 2) by a trustee in bankniptcv; 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 ui the lineal line of cornsarnguinity of the seller; S) to or fiom 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 tine property is located at the closing of the purchase and sale of the property. 2023 - 2023WO094528 08117/2023 0223 PM Page 40 of 57 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 #2A INITIAL PARCEL PRINCIPAL ASSESSMENT: $10,136,000.00 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 AnaCapri Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. 2023 - 2023000094528 08117/2023 0223 PM Page 41 of 57 [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 ��A SIGNATURE OF SELLER]Z 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 2023 - 2023OW094528 08117/2023 OZ23 PM Page 42 of 57 [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: SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 . Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2023 - 2023WO094528 08117/2023 0223 PM Page 43 of 57 [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 2023 - 2023WX)94528 08117/2023 02:23 PM Page 44 of 57 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2A INITIAL PARCEL 2024 $ 107,303.79 $ 709,520.00 $ 12,008.85 $ 828,832.64 2025 $ 114,815.05 $ 702,008.73 $ 12,249.03 $ 829,072.81 2026 $ 122,852.10 $ 693,971.68 $ 12,494.01 $ 829,317.79 2027 $ 131,451.75 $ 685,372.03 $ 12,743.89 $ 829,567.67 2028 $ 178,055.55 $ 571,846.98 $ 12,998.77 $ 762,901.29 2029 $ 188,596.44 $ 561,306.09 $ 13,258.74 $ 763,161.27 2030 $ 199,761.35 $ 550,141.18 $ 13,523.92 $ 763,426.44 2031 $ 211,587.22 $ 538,315.31 $ 13,794.39 $ 763,696.92 2032 $ 224,113.18 $ 525,789.34 $ 14,070.28 $ 763,972.81 2033 $ 237,380.68 $ 512,521.84 $ 14,351.69 $ 764,254.21 2034 $ 251,433.62 $ 498,468.91 $ 14,638.72 $ 764,541.25 2035 $ 266,318.49 $ 483,584.04 $ 14,931.50 $ 764,834.02 2036 $ 282,084.54 $ 467,817.98 $ 15,230.13 $ 765,132.65 2037 $ 298,783.95 $ 451,118.58 $ 15,534.73 $ 765,437.25 2038 $ 316,471.96 $ 433,430.57 $ 15,845.42 $ 765,747.95 2039 $ 335,207.10 $ 414,695.43 $ 16,162.33 $ 766,064.86 2040 $ 355,051.36 $ 394,851.17 $ 16,485.58 $ 766,388.10 2041 $ 376,070.40 $ 373,832.13 $ 16,815.29 $ 766,717.82 2042 $ 398,333.77 $ 351,568.76 $ 17,151.59 $ 767,054.12 2043 $ 421,915.13 $ 327,987.40 $ 17,494.63 $ 767,397.15 2044 $ 446,892.50 $ 303,010.02 $ 17,844.52 $ 767,747.05 2045 $ 473,348.54 $ 276,553.99 $ 18,201.41 $ 768,103.94 2046 $ 501,370.77 $ 248,531.75 $ 18,565.44 $ 768,467.96 2047 $ 531,051.92 $ 218,850.61 $ 18,936.75 $ 768,839.27 2048 $ 562,490.19 $ 187,412.33 $ 19,315.48 $ 769,218.01 2049 $ 595,789.61 $ 154,112.91 $ 19,701.79 $ 769,604.32 2050 $ 631,060.36 $ 118,842.17 $ 20,095.83 $ 769,998.35 2051 $ 668,419.13 $ 81,483.39 $ 20,497.74 $ 770,400.27 2052 $ 707,989.55 $ 41,912.98 $ 20,907.70 $ 770,810.22 Total $ 10,136,000.00 $ 11,878,858.30 $ 465,850.13 $ 22,480,708.42 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Aimual Installment Schedule to Notice of Obligation to Pad' Itmpro vement District Assessment 2023 - 2023WX)94528 08117/2023 02:23 PM Page 45 of 57 ANACAPRI PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #2A — LOT TYPE 3 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PliBLIC IMPROVEMENT DISTRICT A person who proposes to sell or othelivise 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 Governnnent 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 sit 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: >) by a fiduciary in tine course of the administration of a decedent's estate. gtuardianship. conservatorship, or trust: 6) from one co-owner to another co-owner of all undivided interest in the real property: 7) to a spouse or a person in tine lineal line of consanguinity of the seller: S) to or fi-onn 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 tine 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 tine 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 tine property is located at the closing of the purchase and sale of tine property. 2023 - 2023WX)94528 08117/2023 02:23 PM Page 46 of 57 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 #2A LOT TYPE 3 PRINCIPAL ASSESSMENT: $40,748.69 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 ArraCapri 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. i 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. 2023 - 2023OW094528 08117/2023 OZ23 PM Page 47 of 57 [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. SIGNATURE OF SELLER I17. 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 2023 - 2023OW094528 08117/2023 OZ23 PM Page 48 of 57 [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_ Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143. Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2023 - 2023WO094528 08117/2023 0223 PM Page 49 of 57 [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: DATE: SIGNATURE OF SELLER SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 Notary Public, State of Texas]4 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2023 - 2023WO094528 08117/2023 0223 PM Page 50 of 57 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2A LOT TYPE 3 InstallmentAnnual 2/31 PrincipalDue . r. llment 2 2024 $ 431.38 $ 2,852.41 $ 48.28 $ 3,332.07 2025 $ 461.58 $ 2,822.21 $ 49.24 $ 3,333.03 2026 $ 493.89 $ 2,789.90 $ 50.23 $ 3,334.02 2027 $ 528.46 $ 2,755.33 $ 51.23 $ 3,335.02 2028 $ 715.82 $ 2,298.94 $ 52.26 $ 3,067.01 2029 $ 758.19 $ 2,256.56 $ 53.30 $ 3,068.06 2030 S 803.08 $ 2,211.67 $ 54.37 $ 3,069.12 2031 $ 850.62 $ 2,164.13 $ 55.46 $ 3,070.21 2032 $ 900.98 $ 2,113.78 $ 56.57 $ 3,071.32 2033 $ 954.32 $ 2,060.44 $ 57.70 $ 3,072.45 2034 S 1,010.81 $ 2,003.94 $ 58.85 5 3,073.60 2035 $ 1,070.65 $ 1,944.10 $ 60.03 $ 3,074.78 2036 $ 1,134.03 $ 1,880.72 $ 61.23 $ 3,075.98 2037 $ 1,201.17 $ 1,813.58 5 62.45 $ 3,077.21 2038 S 1,272.28 S 1,742.48 $ 63.70 S 3,078.46 2039 $ 1,347.60 $ 1,667.16 $ 64.98 $ 3,079.73 2040 $ 1,427.38 $ 1,587.38 $ 66.28 $ 3,081.03 2041 $ 1,511.88 $ 1,502.88 $ 67.60 S 3,082.35 2042 $ 1,601.38 $ 1,413.37 $ 68.95 $ 3,083.71 2043 $ 1,696.18 $ 1,318.57 $ 70.33 S 3,085.09 2044 $ 1,796.59 $ 1,218.16 $ 71.74 $ 3,086.49 2045 S 1,902.95 $ 1,111.80 $ 73.17 $ 3,087.93 2046 $ 2,015.61 $ 999.15 $ 74.64 $ 3,089.39 2047 S 2,134.93 $ 879.82 $ 76.13 S 3,090.88 2048 $ 2,261.32 $ 753.43 $ 77.65 $ 3,092.41 2049 $ 2,395.19 $ 619.56 $ 79.21 $ 3,093.96 2050 $ 2,536.99 $ 477.77 $ 80.79 $ 3,095.54 2051 $ 2,687.17 $ 327.58 $ 82.40 $ 3,097.16 2052 $ 2,846.26 $ 168.50 $ 84.05 $ 3,098.81 Total $ 40,748.69 $ 47,755.32 $ 1,872.81 $ 90,376.82 Footnotes: 1) Interest is calculated at 7.00% for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 2% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay huproNrement District Assessment 2023 - 2023OW094528 08117/2023 OZ23 PM Page 51 of 57 ANACAPRI PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #2A — LOT TYPE 4 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372. Local Government Code (except for public improvement districts described under Section 372.005). or Chapter 382, Local Governnnent 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 sit 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 tristor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of mist 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; >) 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:. S) to or f -orn a aoverrunental 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. 2023 - 2023WO094528 08117/2023 0223 PM Page 52 of 57 AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS EUPROVEMENT AREA #2A LOT TYPE 4 PRINCIPAL ASSESSMENT: $45,486.91 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 AwCapri 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 alien 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. 2023 - 2023WO094528 08117/2023 0223 PM Page 53 of 57 [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 Z 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 2023 - 2023OW094528 08117/2023 OZ23 PM Page 54 of 57 [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: SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_ Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 2023 - 2023OW094528 08117/2023 OZ23 PM Page 55 of 57 [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 2023 - 2023000094528 08/17/2023 02:23 PM Page 56 of 57 ANNUAL INSTALLMENTS - IMPROVEMENT AREA #2A LOT TYPE 4 Annual Installment Due 1/31 Principal Interest IL Annual Collection Costs Installment2 Annual 2024 $ 481.54 $ 3,184.08 $ 53.89 $ 3,719.52 2025 $ 515.25 $ 3,150.38 $ 54.97 $ 3,720.60 2026 $ 551.32 $ 3,114.31 $ 56.07 $ 3,721.70 2027 $ 589.91 $ 3,075.72 $ 57.19 $ 3,722.82 2028 $ 799.05 $ 2,566.25 $ 58.33 $ 3,423.64 2029 $ 846.36 $ 2,518.95 $ 59.50 $ 3,424.81 2030 $ 896.46 $ 2,468.85 $ 60.69 $ 3,426.00 2031 $ 949.53 $ 2,415.78 $ 61.90 $ 3,427.21 2032 $ 1,005.74 $ 2,359.56 $ 63.14 $ 3,428.45 2033 $ 1,065.28 $ 2,300.02 $ 64.41 $ 3,429.71 2034 $ 1,128.35 $ 2,236.96 $ 65.69 $ 3,431.00 2035 $ 1,195.15 $ 2,170.16 $ 67.01 $ 3,432.31 2036 $ 1,265.90 $ 2,099.41 $ 68.35 $ 3,433.65 2037 $ 1,340.84 $ 2,024.47 $ 69.71 $ 3,435.02 2038 $ 1,420.22 5 1,945.09 $ 71.11 $ 3,436.42 2039 $ 1,504.30 $ 1,861.01 $ 72.53 $ 3,437.84 2040 $ 1,593.35 $ 1,771.96 $ 73.98 $ 3,439.29 2041 $ 1,687.68 $ 1,677.63 $ 75.46 $ 3,440.77 2042 $ 1,787.59 5 1,577.72 $ 76.97 $ 3,442.28 2043 $ 1,893.41 $ 1,471.90 $ 78.51 $ 3,443.82 2044 $ 2,005.50 $ 1,359.81 $ 80.08 $ 3,445.39 2045 $ 2,124.23 $ 1,241.08 $ 81.68 $ 3,446.99 2046 $ 2,249.98 $ 1,115.33 $ 83.32 $ 3,448.62 2047 $ 2,383.18 $ 982.13 $ 84.98 $ 3,450.29 2048 $ 2,524.26 5 841.04 $ 86.68 $ 3,451.99 2049 $ 2,673.70 $ 691.61 $ 88.41 $ 3,453.72 2050 $ 2,831.98 $ 533.32 $ 90.18 $ 3,455.49 2051 $ 2,999.64 $ 365.67 $ 91.99 $ 3,457.29 2052 $ 3,177.22 $ 188.09 $ 93.83 $ 3,459.13 Total $ 45,486.91 $ 53,308.26 $ 2,090.58 $ 100,885.75 Footnotes: 1) Interest is calculated at 7.00510' for years 1-5, which is not higher than 5% above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. Interest is calculated at 5.92% each year thereafter, which is 20,b above the Bond Buyer Index of 3.92% dated 09/01/2022, as allowed by the PID Act. 2) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. Antral Installment Schedule to Notice of Obligation to Pay Improvement District Assessment 2023-2023000094528 0811712023 2:24 PM Page 57 of 57 Collin County Honorable Stacey Kemp Collin County Clerk Instrument Number: 2023000094528 eRecording - Real Property ORDINANCE Recorded On: August 17, 2023 02:23 PM Number of Pages: 57 " Examined and Charged as Follows: " Total Recording: $246.00 *********** 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: 2023000094528 CSC Receipt Number: 20230817000347 Recorded Date/Time: August 17, 2023 02:23 PM User: Dwayne K Station: Station 11 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 `"`'�