HomeMy WebLinkAboutOrd 1107-2024-07 Accepting & Approving a Service and Assessment Plan & Assessment Roll for The Meadow Vista PID RECORDEDA-1
EXHIBIT A
Service and Assessment Plan
TIMBERBROOK SAP 1
AUSTIN, TX | NORTH RICHLAND HILLS, TX | HOUSTON, TX
Meadow Vista Public
Improvement District
SERVICE AND ASSESSMENT PLAN
JULY 9, 2024
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 1
TABLE OF CONTENTS
Table of Contents .......................................................................................................................... 1
Introduction .................................................................................................................................. 3
Section I: Definitions ..................................................................................................................... 4
Section II: The District ................................................................................................................. 10
Section III: Authorized Improvements ......................................................................................... 10
Section IV: Service Plan ............................................................................................................... 12
Section V: Assessment Plan ......................................................................................................... 13
Section VI: Terms of the Assessments ......................................................................................... 16
Section VII: Assessment Roll ....................................................................................................... 22
Section VIII: Additional Provisions ............................................................................................... 22
Exhibits ........................................................................................................................................ 25
Appendices ................................................................................................................................. 25
Exhibit A‐1 – Map of the District ................................................................................................. 26
Exhibit A‐2 – Map of Improvement Area #1 and Remainder Area .............................................. 27
Exhibit A‐3 – Improvement Area #1 Lot Type Classification Map ................................................ 28
Exhibit B – Project Costs .............................................................................................................. 29
Exhibit C – Service Plan ............................................................................................................... 30
Exhibit D – Sources and Uses of Funds ........................................................................................ 31
Exhibit E – Maximum Assessment and Tax Rate Equivalent ........................................................ 32
Exhibit F‐1 – Improvement Area #1 Assessment Roll .................................................................. 33
Exhibit F‐2 – Improvement Area #1 Annual Installments ............................................................ 34
Exhibit G‐1 – Maps of Major Improvements ............................................................................... 35
Exhibit G‐2 – Maps of Improvement Area #1 Improvements ...................................................... 37
Exhibit H – Notice of Termination of Assessment ....................................................................... 41
Exhibit I – Debt Service Schedule for Improvement Area #1 Bonds ............................................ 44
Exhibit J‐1 – District Legal Description ........................................................................................ 46
Exhibit J‐2 – Improvement Area #1 Legal Description ................................................................. 49
Exhibit J‐3 – Remainder Area Legal Description .......................................................................... 53
Appendix A – Engineer’s Report .................................................................................................. 58
Appendix B – Buyer Disclosures .................................................................................................. 82
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SERVICE AND ASSESSMENT PLAN 2
Meadow Vista Public Improvement District – Improvement Area #1 Initial Parcel – Buyer
Disclosure .................................................................................................................................... 83
Meadow Vista Public Improvement District – Improvement Area #1 Lot Type 1 – Buyer Disclosure
.................................................................................................................................................... 89
Meadow Vista Public Improvement District – Improvement Area #1 Lot Type 2 – Buyer Disclosure
.................................................................................................................................................... 95
[Remainder of page left intentionally blank.]
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 3
INTRODUCTION
Capitalized terms used in this Service and Assessment Plan shall have the meanings given to them
in Section I unless otherwise defined in this Service and Assessment Plan or unless the context in
which a term is used clearly requires a different meaning. Unless otherwise defined, a reference
to a “Section”, “Exhibit”, or an “Appendix” shall be a reference to a Section of this Service and
Assessment Plan or an Exhibit or Appendix attached to and made a part of this Service and
Assessment Plan for all purposes.
On September 26, 2023, the City Council passed and approved Resolution No. 2023‐09‐1558
authorizing the establishment of the District in accordance with the PID Act, which authorization
was effective upon the date the resolution was adopted in accordance with the provisions as
required by the PID Act. The purpose of the District is to finance the Actual Costs of Authorized
Improvements that confer a special benefit on approximately 223.154 acres located within the
corporate limits of the City, as described by the legal description on Exhibit J‐1 and depicted on
Exhibit A‐1.
The PID Act requires a Service Plan must (i) cover a period of at least five years; (ii) define the
annual indebtedness and projected cost of the Authorized Improvements; and (iii) include a copy
of the notice form required by Section 5.014 of the Texas Property Code, as amended. The Service
Plan is contained in Section IV and the notice form is attached as Appendix B.
The PID Act requires that the Service Plan include an Assessment Plan that assesses the Actual
Costs of the Authorized Improvements against the Assessed Property within the District based
on the special benefits conferred on such property by the Authorized Improvements. The
Assessment Plan is contained in Section V.
The PID Act requires an Assessment Roll that states the Assessment against each Parcel as
determined by the method chosen by the City Council. The Assessment against each Parcel of
Assessed Property must be sufficient to pay the share of the Actual Costs of the Authorized
Improvements apportioned to such Parcel and cannot exceed the special benefit conferred on
the Parcel by such Authorized Improvements. The Improvement Area #1 Assessment Roll is
included as Exhibit F‐1.
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SERVICE AND ASSESSMENT PLAN 4
SECTION I: DEFINITIONS
“Actual Costs” mean with respect to Authorized Improvements, the actual costs of constructing
or acquiring such Authorized Improvements, paid by or on behalf of the Developer (either directly
or through affiliates), including: (1) the costs for the design, planning, financing,
administration/management, acquisition, installation, construction and/or implementation of
such Authorized Improvements; (2) the fees paid for obtaining permits, licenses, or other
governmental approvals for such Authorized Improvements; (3) the costs for external
professional costs, such as engineering, geotechnical, surveying, land planning, architectural
landscapers, appraisals, legal, accounting, and similar professional services; (4) all labor, bonds,
and materials, including equipment and fixtures, by contractors, builders, and materialmen in
connection with the acquisition, construction, or implementation of the Authorized
Improvements; (5) all related permitting and public approval expenses, architectural,
engineering, consulting fees, and governmental fees and charges and (6) costs to implement,
administer, and manage the above‐described activities including, but not limited to, a
construction management fee equal to four percent (4%) of construction costs if managed by or
on behalf of the Developer.
“Additional Interest” means the amount collected by the application of the Additional Interest
Rate.
“Additional Interest Rate” means up to the 0.50% additional interest rate that may be charged
on Assessments securing PID Bonds pursuant to Section 372.018 of the PID Act.
“Administrator” means the City or independent firm designated by the City who shall have the
responsibilities provided in this Service and Assessment Plan, any Indenture, or any other
agreement or document approved by the City related to the duties and responsibilities of the
administration of the District. The initial Administrator is P3Works, LLC.
“Annual Collection Costs” mean the actual or budgeted costs and expenses related to the
operation of the District, including, but not limited to, costs and expenses for: (1) the
Administrator; (2) City staff; (3) legal counsel, engineers, accountants, financial advisors, and
other consultants engaged by the City; (4) calculating, collecting, and maintaining records with
respect to Assessments and Annual Installments; (5) preparing and maintaining records with
respect to Assessment Roll and Annual Service Plan Updates; (6) paying and redeeming PID
Bonds; (7) investing or depositing Assessments and Annual Installments; (8) complying with this
Service and Assessment Plan, the PID Act, and any Indenture, with respect to the PID Bonds,
including the City’s continuing disclosure requirements; and (9) the paying agent/registrar and
Trustee in connection with PID Bonds, including their respective legal counsel. Annual Collection
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SERVICE AND ASSESSMENT PLAN 5
Costs collected but not expended in any year shall be carried forward and applied to reduce
Annual Collection Costs for subsequent years.
“Annual Installment” means the annual installment payment of an Assessment as calculated by
the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3)
Annual Collection Costs; and (4) Additional Interest related to the PID Bonds.
“Annual Service Plan Update” means an update to this Service and Assessment Plan prepared
no less frequently than annually by the Administrator and approved by the City Council.
“Assessed Property” means any Parcel within the District against which an Assessment is levied.
“Assessment” means an assessment levied against Assessed Property located within the District,
other than Non‐Benefited Property, to pay the costs of certain Authorized Improvements as
specified herein, which Assessment is imposed pursuant to an Assessment Ordinance and the
provisions herein, as shown on an Assessment Roll, and is subject to reallocation upon the
subdivision of such Assessed Property or reduction according to the provisions herein and in the
PID Act.
“Assessment Ordinance” means an ordinance adopted by the City Council in accordance with
the PID Act that levies an Assessment on the Assessed Property, as shown on any Assessment
Roll.
“Assessment Plan” means the methodology employed to assess the Actual Costs of the
Authorized Improvements against the Assessed Property based on the special benefits conferred
on such property by the Authorized Improvements, more specifically set forth and described in
Section V.
“Assessment Roll” means any assessment roll for the Assessed Property, including the
Improvement Area #1 Assessment Roll, as updated, modified or amended from time to time in
accordance with the procedures set forth herein and in the PID Act, including updates prepared
in connection with any Annual Service Plan Update.
“Authorized Improvements” means (1) the improvements authorized by Section 372.003 of the
PID Act, as depicted on Exhibit G‐1 and Exhibit G‐2 and described in Sections III.A and III.B
including soft costs; (2) District Formation Costs; and (3) Bond Issuance Costs.
“Bond Issuance Costs” means the costs associated with issuing PID Bonds, including, but not
limited to, attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs,
publication costs, capitalized interest, reserve fund requirements, underwriter’s discount, fees
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 6
charged by the Texas Attorney General, and any other cost or expense incurred by the City
directly associated with the issuance of any series of PID Bonds.
“City” means the City of Anna, Texas.
“City Council” means the governing body of the City.
“County” means Collin County, Texas.
“Delinquent Collection Costs” mean costs related to the foreclosure on Assessed Property and
the costs of collection of delinquent Assessments, delinquent Annual Installments, or any other
delinquent amounts due under this Service and Assessment Plan including penalties and
reasonable attorney’s fees actually paid, but excluding amounts representing interest and
penalty interest.
“Developer” means Bloomfield Homes, L.P., a Texas limited partnership, and any successors or
assignees thereof that intend to develop the property in the District for the ultimate purpose of
transferring title to end users.
“District” means Meadow Vista Public Improvement District containing approximately 223.154
acres located within the corporate limits of the City, and more specifically described in Exhibit J‐
1 and depicted in Exhibit A‐1.
“District Formation Costs” means the costs associated with forming the District, including, but
not limited to, attorney fees, and any other cost or expense incurred by the City directly
associated with the establishment of the District.
“Engineer’s Report” means a report provided by a licensed professional engineer that identifies
the Authorized Improvements, including their costs, location, and benefit, and is attached hereto
as Appendix A.
“Estimated Buildout Value” means the estimated value of an Assessed Property, as applicable,
with fully constructed buildings, as provided by the Developer and confirmed by the City Council
by considering such factors as density, lot size, proximity to amenities, view premiums, location,
market conditions, historical sales, builder contracts, discussions with homebuilders, reports
from third party consultants, or any other factors that, in the judgment of the City, may impact
value. The Estimated Buildout Value for each Lot Type is shown on Exhibit E.
“Improvement Area #1” means approximately 71.042 acres located within the District, as more
specifically described in Exhibit J‐2 and depicted on Exhibit A‐2.
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SERVICE AND ASSESSMENT PLAN 7
“Improvement Area #1 Annual Installment” means the Annual Installment of the Improvement
Area #1 Assessment as calculated by the Administrator and approved by the City Council, that
includes: (1) principal; (2) interest; (3) Annual Collection Costs related to Improvement Area #1;
and (4) Additional Interest related to the Improvement Area #1 Bonds, as shown on Exhibit F‐2.
“Improvement Area #1 Assessed Property” means any Parcel within Improvement Area #1
against which an Improvement Area #1 Assessment is levied.
“Improvement Area #1 Assessment” means an Assessment expected to be levied against
Improvement Area #1 Assessed Property to pay the Actual Costs of the Improvement Area #1
Authorized Improvements, which Improvement Area #1 Assessment is imposed pursuant to an
Assessment Ordinance and the provisions herein, as shown on the Improvement Area #1
Assessment Roll, and is subject to reallocation upon the subdivision of such Parcel or reduction
pursuant to the provisions set forth in Section VI herein and in the PID Act.
“Improvement Area #1 Assessment Roll” means the Assessment Roll for the Improvement Area
#1 Assessed Property, as updated, modified, or amended from time to time in accordance with
the procedures set forth herein and in the PID Act, including any updates prepared in connection
with the issuance of PID Bonds or any Annual Service Plan Updates. The Improvement Area #1
Assessment Roll is included in this Service and Assessment Plan as Exhibit F‐1.
“Improvement Area #1 Authorized Improvements” means collectively, (1) the Improvement
Area #1 Improvements; (2) the first year’s Annual Collection Costs related to the Improvement
Area #1 Bonds; and (3) Bond Issuance Costs associated with the issuance of Improvement Area
#1 Bonds.
“Improvement Area #1 Bonds” means those certain “City of Anna, Texas, Special Assessment
Revenue Bonds, Series 2024 (Meadow Vista Public Improvement District Improvement Area #1
Project)” that are secured by Improvement Area #1 Assessments.
“Improvement Area #1 Improvements” means the Authorized Improvements which only benefit
the Improvement Area #1 Assessed Property, as further described in Section III.B and depicted
on Exhibit G‐2.
“Improvement Area #1 Initial Parcel” means all of the Improvement Area #1 Assessed Property
against which the entire Improvement Area #1 Assessment is levied, as shown on the
Improvement Area #1 Assessment Roll.
“Indenture” means an Indenture of Trust entered into between the City and the Trustee in
connection with the issuance of each series of PID Bonds, as amended or supplemented from
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 8
time to time, between the City and the Trustee setting forth the terms and conditions related to
a series of PID Bonds.
“Lot” means (1) for any portion of the District for which a final subdivision plat has been recorded
in the Plat or Official Public Records of the County, a tract of land described by “lot” in such
subdivision plat; and (2) for any portion of the District for which a subdivision plat has not been
recorded in the Plat or Official Public Records of the County, a tract of land anticipated to be
described as a “lot” in a final recorded subdivision plat as shown on a concept plan or a
preliminary plat. A “Lot” shall not include real property owned by a government entity, even if
such property is designated as a separate described tract or lot on a recorded subdivision plat.
“Lot Type” means a classification of final building Lots with similar characteristics (e.g. lot size,
home product, Estimated Buildout Value, etc.), as determined by the Administrator and
confirmed by the City Council. In the case of single‐family residential Lots, the Lot Type shall be
further defined by classifying the residential Lots by the Estimated Buildout Value of the Lot as
provided by the Developer, and confirmed by the City Council, as shown on Exhibit E.
“Lot Type 1” means a Lot within Improvement Area #1 marketed to homebuilders as a 50’ Lot.
The buyer disclosure for Lot Type 1 is attached in Appendix B.
“Lot Type 2” means a Lot within Improvement Area #1 marketed to homebuilders as a 60’ Lot.
The buyer disclosure for Lot Type 2 is attached in Appendix B.
“Major Improvements” means those Authorized Improvements that confer a special benefit to
all of the Assessed Property and Remainder Area within the District, as further described in
Section III.A and depicted on Exhibit G‐1.
“Maximum Assessment” means, for each Lot, an Assessment equal to the lesser of (1) the
amount calculated pursuant to Section VI.A, or (2) for each Lot Type, the amount shown on
Exhibit E.
“Non‐Assessed Property” means Parcels located outside the boundary of the District that accrue
special benefit from the Authorized Improvements as determined by the City Council but are not
assessed. The Developer has agreed to pay for the portion of the Actual Costs of the Authorized
Improvements that benefit the Non‐Assessed Property in lieu of the City levying assessments
against such property.
“Non‐Benefited Property” means Parcels within the boundaries of the District that accrue no
special benefit from the Authorized Improvements as determined by the City Council.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 9
“Notice of Assessment Termination” means a document that shall be recorded in the Official
Public Records of the County evidencing the termination of an Assessment, a form of which is
attached as Exhibit H.
“Parcel” or “Parcels” means a specific property within the District identified by either a tax parcel
identification number assigned by the Collin Central Appraisal District for real property tax
purposes, by legal description, or by lot and block number in a final subdivision plat recorded in
the Official Public Records of the County, or by any other means determined by the City.
“PID Act” means Chapter 372, Texas Local Government Code, as amended.
“PID Bonds” means any bonds issued by the City in one or more series and secured in whole or
in part by Assessments.
“Prepayment” means the payment of all or a portion of an Assessment before the due date of
the final Annual Installment thereof. Amounts received at the time of a Prepayment which
represent a payment of principal, interest, or penalties on a delinquent installment of an
Assessment are not to be considered a Prepayment, but rather are to be treated as the payment
of the regularly scheduled Annual Installment.
“Prepayment Costs” means interest, including Additional Interest and Annual Collection Costs,
to the date of Prepayment.
“Private Improvements” means improvements required to be constructed by the Developer that
are not Authorized Improvements. Costs of Private Improvements will not be paid nor
reimbursed through Annual Installments.
“Remainder Area” means approximately 152.112 acres located within the District and entirely
outside of Improvement Area #1, as more specifically described on Exhibit J‐3 and depicted on
Exhibit A‐2, to be developed as one or more future improvement areas.
“Service and Assessment Plan” means this Meadow Vista Public Improvement District Service
and Assessment Plan as updated, amended, or supplemented from time to time.
“Service Plan” covers a period of at least five years and defines the annual indebtedness and
projected costs of the Authorized Improvements, more specifically described in Section IV.
“Trustee” means the trustee or successor trustee under an Indenture.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 10
SECTION II: THE DISTRICT
The District includes approximately 223.154 contiguous acres located within the corporate limits
of the City, the boundaries of which are more particularly described by the legal description on
Exhibit J‐1 and depicted on Exhibit A‐1. Development of the District is anticipated to include
approximately 764 Lots developed with single‐family homes.
Improvement Area #1 includes approximately 71.042 contiguous acres, the boundaries of which
are more particularly described by legal description on Exhibit J‐2 and depicted on Exhibit A‐2.
Development of Improvement Area #1 is anticipated to include approximately 275 Lots
developed with single‐family homes (190 single‐family homes that are on Lots classified as Lot
Type 1 and 85 single‐family homes that are on Lots classified as Lot Type 2).
The Remainder Area includes approximately 152.112 contiguous acres, the boundaries of which
are more particularly described by the legal description on Exhibit J‐3 and depicted on Exhibit A‐
2. Development of the Remainder Area is anticipated to include approximately 489 Lots
developed with single‐family homes and 2 acres of mixed use.
SECTION III: AUTHORIZED IMPROVEMENTS
Based on information in the Engineer’s Report provided by the Developer and its engineer and
reviewed by the City staff and by third‐party consultants retained by the City, the City has
determined that the Authorized Improvements confer a special benefit on the Assessed Property
and Non‐Assessed Property. Authorized Improvements will be designed and constructed in
accordance with the City’s standards and specifications and will be owned and operated by the
City. The budget and allocation for the Authorized Improvements is shown on Exhibit B.
A. Improvement Area #1 Improvements
Sanitary Sewer System
Improvements including trench excavaƟon and embedment, trench safety, PVC piping,
encasement, boring, manholes, sewer main connecƟons, service connecƟons, tesƟng, related
earthwork, excavaƟon, erosion control, plaƫng, staking, and all necessary appurtenances
required to provide wastewater service to all Lots within Improvement Area #1.
Storm Sewer System
Improvements including earthen channels, swales, trench excavaƟon and embedment, curb and
drop inlets, RCP & RCB piping and boxes, headwalls, manholes, rock rip rap, concrete ouƞalls,
storm drain connecƟons, trench safety, and tesƟng as well as all related earthwork, excavaƟon,
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 11
erosion control, traffic control, detenƟon pond, encasement, plaƫng, staking, and all necessary
appurtenances required to provide storm drainage for all Lots within Improvement Area #1.
Water DistribuƟon System
Improvements including trench excavaƟon and embedment, trench safety, PVC piping, water
main connecƟons, water meters, service connecƟons, tesƟng, related earthwork, excavaƟon,
erosion control, fire hydrants, plaƫng, staking, steel encasement, and all necessary
appurtenances required to provide water service to all Lots within Improvement Area #1.
Paving/Roads/Streets
Improvements including subgrade stabilizaƟon, reinforced concrete for roadways, handicapped
ramps, sidewalks, pavement connecƟons, headers, barricades, CBU pads, signs, striping, traffic
control, plaƫng, staking, and streetlights. All related earthwork, excavaƟon, clearing & grubbing,
tree removal, erosion control, intersecƟons, signage, lighƟng, screening walls, and re‐vegetaƟon
of all disturbed areas within the right‐of‐way are included. The road improvements will provide
benefit to each Lot within Improvement Area #1.
SoŌ Costs
Costs related to designing, construcƟng, and installing the Improvement Area #1 improvements
including land planning and design, inspecƟon fees, franchise fees, City fees, bonds, engineering,
soil tesƟng, survey, construcƟon management, conƟngency, legal fees, and consultants.
B. Major Improvements
Storm Sewer System
Improvements including trench excavaƟon and embedment, RCB piping and boxes, headwalls,
handrails, rock rip rap, and trench safety as well as all related earthwork, excavaƟon, erosion
control, plaƫng, staking, and all necessary appurtenances required to provide storm drainage for
all Lots within the District.
Paving/Roads/Streets
Improvements including subgrade stabilizaƟon, reinforced concrete for roadways, handicapped
ramps, sidewalks, headers, barricades, signs, striping, and traffic control. All related earthwork,
excavaƟon, clearing & grubbing, erosion control, intersecƟons, signage, lighƟng, and re‐
vegetaƟon of all disturbed areas within the right‐of‐way are included. The road improvements
will provide benefit to each Lot within the District.
SoŌ Costs
Costs related to designing, construcƟng, and installing the Major Improvements including
inspecƟon fees, City fees, bonds, engineering, soil tesƟng, survey, construcƟon management,
conƟngency, legal fees, and consultants.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 12
District FormaƟon Costs
Costs associated with forming the District, including, but not limited to, aƩorney fees, and any
other cost or expense incurred by the City or the Developer directly associated with the
establishment of the District.
C. Bond Issuance Costs
Debt Service Reserve Fund
Equals the amount to be deposited in a debt service reserve fund under an applicable Indenture
in connection with the issuance of PID Bonds.
Capitalized Interest
Equals the amount required to be deposited for the purpose of paying capitalized interest
under an applicable Indenture in connection with the issuance of PID Bonds.
Underwriter’s Discount
Equals a percentage of the par amount of a particular series of PID Bonds related to the
costs of underwriting such PID Bonds, including the fees of the underwriter’s counsel.
Cost of Issuance
Includes costs of issuing a particular series of PID Bonds, including but not limited to issuer
fees, attorney’s fees, financial advisory fees, consultant fees, appraisal fees, printing
costs, publication costs, City’s costs, fees charged by the Texas Attorney General, and any
other cost or expense directly associated with the issuance of PID Bonds.
D. Other Costs
Deposit to Administrative Fund
Equals the amount necessary to fund the first year’s Annual Collection Costs for a
particular series of PID Bonds.
SECTION IV: SERVICE PLAN
The PID Act requires the Service Plan to cover a period of at least five years. The Service Plan is
required to define the annual projected costs and indebtedness for the Authorized
Improvements undertaken within the District during the five‐year period. The Service Plan is also
required to include a copy of the buyer disclosure notice form required by Section 5.014 of the
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 13
Texas Property Code, as amended. The Service Plan must be reviewed and updated in each
Annual Service Plan Update. Exhibit C summarizes the initial Service Plan for Improvement Area
#1. Per the PID Act and Section 5.014 of the Texas Property Code, as amended, this Service and
Assessment Plan, and any future Annual Service Plan Updates, shall include a form of the buyer
disclosure for the District. The buyer disclosures are attached hereto as Appendix B.
Exhibit D summarizes the sources and uses of funds required to construct the Authorized
Improvements and Private Improvements. The sources and uses of funds shown on Exhibit D
shall be updated in an Annual Service Plan Update.
SECTION V: ASSESSMENT PLAN
The PID Act allows the City Council to apportion the costs of the Authorized Improvements to the
Assessed Property based on the special benefit received from the Authorized Improvements. The
PID Act provides that such costs may be apportioned: (1) equally per front foot or square foot;
(2) according to the value of property as determined by the City Council, with or without regard
to improvements constructed on the property; or (3) in any other manner approved by the City
Council that results in imposing equal shares of such costs on property similarly benefited. The
PID Act further provides that the City Council may establish by ordinance or order reasonable
classifications and formulas for the apportionment of the cost between the City and the area to
be assessed and the methods of assessing the special benefits for various classes of
improvements.
This section of this Service and Assessment Plan describes the special benefit received by each
Parcel within the District as a result of the Authorized Improvements and provides the basis and
justification for the determination that this special benefit equals or exceeds the amount of the
Assessments to be levied on the Assessed Property for such Authorized Improvements.
The determination by the City Council of the Assessment methodologies set forth below is the
result of the discretionary exercise by the City Council of its legislative authority and
governmental powers and is conclusive and binding on the Developer and all future owners and
developers of the Assessed Property.
A. Assessment Methodology
Acting in its legislative capacity and based on information provided by the Developer and their
engineer and reviewed by the City staff and by third‐party consultants retained by the City, the
City Council has determined that the costs related to the Authorized Improvements shall be
allocated and/or apportioned as follows:
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 14
The costs of the Major Improvements allocated to the District shall be funded from other
sources such as impact fees and private funding.
The costs of the Improvement Area #1 Authorized Improvements shall be allocated to
each Parcel within Improvement Area #1 based on the ratio of the Estimated Buildout
Value of each Parcel designated as Improvement Area #1 Assessed Property to the
Estimated Buildout Value of all Improvement Area #1 Assessed Property. Currently, the
Improvement Area #1 Initial Parcel is the only Parcel within Improvement Area #1, and as
such, the Improvement Area #1 Initial Parcel is allocated 100% of the Improvement Area
#1 Authorized Improvements.
B. Assessments
The Improvement Area #1 Assessment will be levied on the Improvement Area #1 Initial Parcel
according to the Improvement Area #1 Assessment Roll attached hereto as Exhibit F‐1. The
projected Improvement Area #1 Annual Installments are shown on Exhibit F‐2 and are subject to
revisions made in any Annual Service Plan Update. Upon division or subdivision of the
Improvement Area #1 Initial Parcel, the Improvement Area #1 Assessment will be reallocated
pursuant to Section VI.
The Maximum Assessment for each Lot Type within the District is shown on Exhibit E. In no case
will the Assessment for Lots classified as Lot Type 1 or Lot Type 2, respectively, exceed the
corresponding Maximum Assessment for each Lot Type classification.
C. Findings of Special Benefit
Acting in its legislative capacity and based on information provided by the Developer and their
engineer and reviewed by the City staff and by third‐party consultants retained by the City, the
City Council has found and determined the following:
Improvement Area #1
The Actual Costs of the Improvement Area #1 Authorized Improvements equal
$13,823,627 as shown on Exhibit B;
The Improvement Area #1 Assessed Property receives special benefit from the
Improvement Area #1 Authorized Improvements equal to or greater than the
Actual Cost of the Improvement Area #1 Authorized Improvements;
The Improvement Area #1 Initial Parcel will be allocated 100% of the Improvement
Area #1 Assessment levied for the Improvement Area #1 Authorized
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SERVICE AND ASSESSMENT PLAN 15
Improvements, which equals $12,387,000 as shown on the Improvement Area #1
Assessment Roll attached hereto as Exhibit F‐1;
The special benefit ( $13,823,627) received by the Improvement Area #1 Initial
Parcel from the Improvement Area #1 Authorized Improvements is equal to or
greater than the amount of the Improvement Area #1 Assessment ($12,387,000)
to be levied on the Improvement Area #1 Initial Parcel for the Improvement Area
#1 Authorized Improvements; and
It is anticipated, at the time the City Council approves this Service and Assessment
Plan, the Developer will own 100% of the Improvement Area #1 Initial Parcel. The
Developer will acknowledge that the Improvement Area #1 Authorized
Improvements confer a special benefit on the Improvement Area #1 Initial Parcel
and will consent to the imposition of the Improvement Area #1 Assessment to pay
for the Actual Costs associated therewith. The Developer will ratify, confirm,
accept, agree to, and approve: (1) the determinations and findings by the City
Council as to the special benefits described herein and the applicable Assessment
Ordinance; (2) this Service and Assessment Plan and the applicable Assessment
Ordinance; and (3) the levying of the Improvement Area #1 Assessment on the
Improvement Area #1 Initial Parcel.
D. Annual Collection Costs
The Annual Collection Costs shall be paid for annually by the owner of each Parcel pro rata based
on the ratio of the amount of outstanding Assessment remaining on the Parcel to the total
outstanding Assessment. The Annual Collection Costs shall be collected as part of and in the same
manner as Annual Installments in the amounts shown on the Assessment Roll, which may be
revised based on Actual Costs incurred in Annual Service Plan Updates.
E. Additional Interest
The interest rate on Assessments securing each respective series of PID Bonds may exceed the
interest rate on each respective series of PID Bonds by the Additional Interest Rate. To the extent
required by any Indenture, Additional Interest shall be collected as part of each Annual
Installment, beginning in 2025, related to a series of PID Bonds and shall be deposited pursuant
to the applicable Indenture.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 16
SECTION VI: TERMS OF THE ASSESSMENTS
Any reallocation of Assessments as described in this Section VI shall be considered an
administrative action of the City and will not be subject to the notice or public hearing
requirements under the PID Act.
A. Reallocation of Assessments
1. Upon Division Prior to Recording of Subdivision Plat
Upon the division of any Assessed Property (without the recording of a subdivision plat),
the Administrator shall reallocate the Assessment for the Assessed Property prior to the
division among the newly divided Assessed Properties according to the following formula:
A = B x (C ÷ D)
Where the terms have the following meanings:
A = the Assessment for the newly divided Assessed Property
B = the Assessment for the Assessed Property prior to division
C = the Estimated Buildout Value of the newly divided Assessed Property
D = the sum of the Estimated Buildout Value for all of the newly divided Assessed
Properties
The calculation of the Assessment of an Assessed Property shall be performed by the
Administrator and shall be based on the Estimated Buildout Value of that Assessed
Property relying on information from homebuilders, market studies, appraisals, Official
Public Records of the County, and any other relevant information regarding the Assessed
Property, as provided by the Developer. The Estimated Buildout Value for Lot Type 1, and
Lot Type 2 are shown on Exhibit E and will not change in future Annual Service Plan
Updates. The calculation as confirmed by the City Council shall be conclusive and binding.
The sum of the Assessments for all newly divided Assessed Properties shall equal the
Assessment for the Assessed Property prior to subdivision. The calculation shall be made
separately for each newly divided Assessed Property. The reallocation of an Assessment
for an Assessed Property that is a homestead under Texas law may not exceed the
Assessment prior to the reallocation. Any reallocation pursuant to this section shall be
reflected in the Annual Service Plan Update immediately following such reallocation.
2. Upon Subdivision by a Recorded Subdivision Plat
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 17
Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the
Administrator shall reallocate the Assessment for the Assessed Property prior to the
subdivision among the new subdivided Lots based on Estimated Buildout Value according
to the following formula:
A = [B x (C ÷ D)]/E
Where the terms have the following meanings:
A = the Assessment for the newly subdivided Lot
B = the Assessment for the Parcel prior to subdivision
C = the sum of the Estimated Buildout Value of all newly subdivided Lots with the
same Lot Type
D = the sum of the Estimated Buildout Value for all of the newly subdivided Lots
excluding Non‐Benefited Property
E= the number of newly subdivided Lots with the same Lot Type
Prior to the recording of a subdivision plat, the Developer shall provide the City an
Estimated Buildout Value as of the date of the recorded subdivision plat for each Lot
created by the recorded subdivision plat. The calculation of the Assessment for a Lot shall
be performed by the Administrator and confirmed by the City Council based on Estimated
Buildout Value information provided by the Developer, homebuilders, third party
consultants, and/or the Official Public Records of the County regarding the Lot. The
Estimated Buildout Value for Lot Type 1 and Lot Type 2 are shown on Exhibit E and will
not change in future Annual Service Plan Updates. The calculation as confirmed by the
City Council shall be conclusive and binding.
The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment
for the portion of the Assessed Property subdivided prior to subdivision. The calculation
shall be made separately for each newly subdivided Assessed Property. The reallocation
of an Assessment for an Assessed Property that is a homestead under Texas law may not
exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section
shall be reflected in the Annual Service Plan Update immediately following such
reallocation.
3. Upon Consolidation
If two or more Lots or Parcels are consolidated into a single Lot or Parcel, the
Administrator shall allocate the Assessments against the Lots or Parcels before the
consolidation to the consolidated Lot or Parcel, which allocation shall be approved by the
City Council in the next Annual Service Plan Update immediately following such
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 18
consolidation. The Assessment for any resulting Lot may not exceed the Maximum
Assessment for the applicable Lot Type and compliance may require a mandatory
Prepayment of Assessments pursuant to Section VI.C.
B. Mandatory Prepayment of Assessments
If an Assessed Property or a portion thereof is conveyed to a party that is exempt from payment
of the Assessment under applicable law, or the owner causes a Lot, Parcel or portion thereof to
become Non‐Benefited Property, the owner of such Lot, Parcel or portion thereof shall pay to
the City, or cause to be paid to the City, the full amount of the Assessment, plus all Prepayment
Costs and Delinquent Collection Costs for such Assessed Property, prior to any such conveyance
or act, and no such conveyance shall be effective until the City receives such payment. Following
payment of the foregoing costs in full, the City shall provide the owner with a recordable “Notice
of Assessment Termination,” a form of which is attached hereto as Exhibit H.
C. True‐Up of Assessments if Maximum Assessment Exceeded at Plat
Prior to the City approving a final subdivision plat, the Administrator will certify that such plat
will not result in the Assessment per Lot for any Lot Type to exceed the Maximum Assessment. If
the Administrator determines that the resulting Assessment per Lot for any Lot Type will exceed
the Maximum Assessment for that Lot Type, then (1) the Assessment applicable to each Lot Type
shall each be reduced to the Maximum Assessment, and (2) the person or entity filing the plat
shall pay to the City, or cause to be paid to the City, the amount the Assessment was reduced,
plus Prepayment Costs and Delinquent Collection Costs, if any, prior to the City approving the
final plat. The City’s approval of a plat without payment of such amounts does not eliminate the
obligation of the person or entity filing the plat to pay such amounts. At no time shall the
aggregate Assessments for any Lot exceed the Maximum Assessment.
D. Reduction of Assessments
If as a result of cost savings or the failure to construct all or a portion of an Authorized
Improvement the Actual Costs of any Authorized Improvements are less than the Assessments,
then (i) in the event PID Bonds have not been issued for the purpose of financing Authorized
Improvements affected by such reduction in Actual Costs, the City Council shall reduce each
Assessment on a pro rata basis such that the sum of the resulting reduced Assessments for all
Assessed Property equals the reduced Actual Costs that were expended, or (ii) in the event that
a related series of PID Bonds have been issued for the purpose of financing Authorized
Improvements affected by such reduction in Actual Costs, the Trustee shall apply amounts on
deposit in the applicable account of the project fund created under the Indenture relating to such
series of PID Bonds that are not expected to be used for the purposes of the project fund as
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 19
directed by the City pursuant to the terms of such Indenture. Such excess PID Bond proceeds
may be used for any purpose authorized by such Indenture. The Assessments shall never be
reduced to an amount less than the amount required to pay all outstanding debt service
requirements on all outstanding PID Bonds.
The Administrator shall update (and submit to the City Council for review and approval as part of
the next Annual Service Plan Update) the Assessment Roll and corresponding Annual Installments
to reflect the reduced Assessments.
E. Prepayment of Assessments
The owner of any Assessed Property may, at any time, pay all or any part of an Assessment in
accordance with the PID Act. Prepayment Costs, if any, may be paid from a reserve established
under the applicable Indenture. If an Annual Installment has been billed, or the Annual Service
Plan Update has been approved by the City Council prior to the Prepayment, the Annual
Installment shall be due and payable and shall be credited against the Prepayment.
If an Assessment on an Assessed Property is prepaid in full, with Prepayment Costs, (1) the
Administrator shall cause the Assessment to be reduced to zero on said Assessed Property and
the Assessment Roll to be revised accordingly; (2) the Administrator shall prepare the revised
Assessment Roll and submit such revised Assessment Roll to the City Council for review and
approval as part of the next Annual Service Plan Update; (3) the obligation to pay the Assessment
and corresponding Annual Installments shall terminate with respect to said Assessed Property;
and (4) the City shall provide the owner with a recordable "Notice of Assessment Termination.”
If an Assessment on an Assessed Property is prepaid in part with Prepayment Costs: (1) the
Administrator shall cause the Assessment to be reduced on said Assessed Property and the
Assessment Roll revised accordingly; (2) the Administrator shall prepare the revised Assessment
Roll and submit such revised Assessment Roll to the City Council for review and approval as part
of the next Annual Service Plan Update; and (3) the obligation to pay the Assessment will be
reduced to the extent of the Prepayment made.
F. Payment of Assessment in Annual Installments
Assessments that are not paid in full shall be due and payable in Annual Installments. Exhibit F‐2
shows the estimated Improvement Area #1 Annual Installments. Annual Installments are subject
to adjustment in each Annual Service Plan Update.
Prior to the recording of a final subdivision plat, if any Parcel shown on the Assessment Roll is
assigned multiple tax parcel identification numbers for billing and collection purposes, the Annual
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 20
Installment shall be allocated pro rata based on the acreage of the property not including any
Non‐Benefited Property, as shown by the Collin Central Appraisal District for each tax parcel
identification number.
The Administrator shall prepare and submit to the City Council for its review and approval an
Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each
Annual Service Plan Update shall include an updated Assessment Roll and updated calculations
of Annual Installments. The Annual Collection Costs for a given Assessment shall be paid by the
owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment
remaining on the Parcel to the total outstanding Assessment. Annual Installments shall be
reduced by any credits applied under an applicable Indenture, such as capitalized interest,
interest earnings on account balances, and any other funds available to the Trustee for such
purposes. Annual Installments shall be collected by the City in the same manner and at the same
time as ad valorem taxes. Annual Installments shall be subject to the penalties, procedures, and
foreclosure sale in case of delinquencies as set forth in the PID Act and in the same manner as ad
valorem taxes due and owing to the City. The City Council may provide for other means of
collecting Annual Installments. Assessments shall have the lien priority specified in the PID Act.
Sales of the Assessed Property for nonpayment of Annual Installments shall be subject to the lien
for the remaining unpaid Annual Installments against the Assessed Property, and the Assessed
Property may again be sold at a judicial foreclosure sale if the purchaser fails to timely pay any of
the remaining unpaid Annual Installments as they become due and payable.
The City reserves the right to refund PID Bonds in accordance with applicable law, including the
PID Act. In the event of a refunding, the Administrator shall recalculate the Annual Installments
so that total Annual Installments will be sufficient to pay the refunding bonds, and the refunding
bonds shall constitute “PID Bonds.”
Each Annual Installment of an Assessment, including interest on the unpaid principal of the
Assessment, shall be updated annually. Each Annual Installment shall be due when billed and
shall be delinquent if not paid prior to February 1 of the following year. The initial Annual
Installments of the Improvement Area #1 Assessments shall be due when billed and shall be
delinquent if not paid prior to February 1, 2026.
Failure of an owner of an Assessed Property to receive an invoice for an Annual Installment on
the property tax bill shall not relieve said owner of the responsibility for payment of the
Assessment. Assessments, or Annual Installments thereof, that are delinquent shall incur
Delinquent Collection Costs. The City may provide for other means of collecting the Annual
Installments to the extent permitted by the PID Act, or other applicable law.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 21
G. Prepayment as a Result of an Eminent Domain Proceeding or Taking
Subject to applicable law, if any portion of any Parcel of Assessed Property is taken from an owner
as a result of eminent domain proceedings or if a transfer of any portion of any Parcel of Assessed
Property is made to an entity with the authority to condemn all or a portion of the Assessed
Property in lieu of or as a part of an eminent domain proceeding (a “Taking”), the portion of the
Assessed Property that was taken or transferred (the “Taken Property”) shall be reclassified as
Non‐Benefited Property.
For the Assessed Property that is subject to the Taking as described in the preceding paragraph,
the Assessment that was levied against the Assessed Property (when it was included in the Taken
Property) prior to the Taking shall remain in force against the remaining Assessed Property (the
Assessed Property less the Taken Property) (the “Retained Property”), following the
reclassification of the Taken Property as Non‐Benefited Property, subject to an adjustment of the
Assessment applicable to the Retained Property after any required Prepayment as set forth
below. The owner of the Retained Property will remain liable to pay in Annual Installments, or
payable as otherwise provided by this Service and Assessment Plan, as updated, or the PID Act,
the Assessment that remains due on the Retained Property, subject to an adjustment in the
Assessment applicable to the Retained Property after any required Prepayment as set forth
below. Notwithstanding the foregoing, if the Assessment that remains due on the Retained
Property exceeds the applicable Maximum Assessment, the owner of the Retained Property will
be required to make a Prepayment in an amount necessary to ensure that the Assessment against
the Retained Property does not exceed such Maximum Assessment, in which case the
Assessment applicable to the Retained Property will be reduced by the amount of the partial
Prepayment. If the City receives all or a portion of the eminent domain proceeds (or payment
made in an agreed sale in lieu of condemnation), such amount shall be credited against the
amount of prepayment, with any remainder credited against the Assessment on the remaining
property.
In all instances the Assessment remaining on the Retained Property shall not exceed the
applicable Maximum Assessment.
By way of illustration, if an owner owns 100 acres of Assessed Property subject to a $100
Assessment and 10 acres is taken through a Taking, the 10 acres of Taken Property shall be
reclassified as Non‐Benefited Property and the remaining 90 acres of Retained Property shall be
subject to the $100 Assessment (provided that this $100 Assessment does not exceed the
Maximum Assessment on the Retained Property). If the Administrator determines that the $100
Assessment reallocated to the Retained Property would exceed the Maximum Assessment, as
applicable, on the Retained Property by $10, then the owner shall be required to pay $10 as a
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 22
Prepayment of the Assessment against the Retained Property and the Assessment on the
Retained Property shall be adjusted to be $90.
Notwithstanding the previous paragraphs in this subsection, if the owner of the Retained
Property notifies the City and the Administrator that the Taking prevents the Retained Property
from being developed for any use which could support the Estimated Buildout Value
requirement, the owner shall, upon receipt of the compensation for the Taken Property, be
required to prepay the amount of the Assessment required to buy down the outstanding
Assessment to the applicable Maximum Assessment on the Retained Property to support the
Estimated Buildout Value requirement. Said owner will remain liable to pay the Annual
Installments on both the Taken Property and the Retained Property until such time that such
Assessment has been prepaid in full.
Notwithstanding the previous paragraphs in this subsection, the Assessments shall never be
reduced to an amount less than the amount required to pay all outstanding debt service
requirements on all outstanding PID Bonds.
SECTION VII: ASSESSMENT ROLL
The Improvement Area #1 Assessment Roll is attached as Exhibit F‐1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the
Improvement Area #1 Assessment Roll and Improvement Area #1 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
SECTION VIII: ADDITIONAL PROVISIONS
A. Calculation Errors
If the owner of a Parcel claims that an error has been made in any calculation required by this
Service and Assessment Plan, including, but not limited to, any calculation made as part of any
Annual Service Plan Update, the owner’s sole and exclusive remedy shall be to submit a written
notice of error to the Administrator by December 1st of the year following City Council’s approval
of the calculation. Otherwise, the owner shall be deemed to have unconditionally approved and
accepted the calculation. The Administrator shall provide a written response to the City Council
and the owner not later than 30 days of such receipt of a written notice of error by the
Administrator. The City Council shall consider the owner’s notice of error and the Administrator’s
response at a public meeting, and, not later than 30 days after closing such meeting, the City
Council shall make a final determination as to whether an error has been made. If the City Council
determines that an error has been made, the City Council shall take such corrective action as is
authorized by the PID Act, this Service and Assessment Plan, the applicable Assessment
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 23
Ordinance, the applicable Indenture, or as otherwise authorized by the discretionary power of
the City Council. The determination by the City Council as to whether an error has been made,
and any corrective action taken by the City Council, shall be final and binding on the owner and
the Administrator.
B. Amendments
Amendments to this Service and Assessment Plan must be made by the City Council in
accordance with the PID Act. To the extent permitted by the PID Act, this Service and Assessment
Plan may be amended without notice to owners of the Assessed Property: (1) to correct mistakes
and clerical errors; (2) to clarify ambiguities; and (3) to provide procedures to collect
Assessments, Annual Installments, and other charges imposed by this Service and Assessment
Plan.
C. Administration and Interpretation
The Administrator shall: (1) perform the obligations of the Administrator as set forth in this
Service and Assessment Plan; (2) administer the District for and on behalf of and at the direction
of the City Council; and (3) interpret the provisions of this Service and Assessment Plan.
Interpretations of this Service and Assessment Plan by the Administrator shall be in writing and
shall be appealable to the City Council by owners of Assessed Property adversely affected by the
interpretation. Appeals shall be decided by the City Council after holding a public meeting at
which all interested parties have an opportunity to be heard. Decisions by the City Council shall
be final and binding on the owners of Assessed Property and developers and their successors and
assigns.
D. Form of Buyer Disclosure; Filing Requirements
Per Section 5.014 of the Texas Property Code, as amended, this Service and Assessment Plan, and
any future Annual Service Plan Updates, shall include a form of the buyer disclosures for the
district. The buyer disclosures are attached hereto as Appendix B. Within seven days of approval
by the City Council, the City shall file and record in the real property records of the County the
executed ordinance approving this Service and Assessment Plan, or any future Annual Service
Plan Updates. The executed ordinance, including any attachments, approving this Service an
Assessment Plan or any future Annual Service Plan Updates shall be filed and recorded in their
entirety.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 24
E. Severability
If any provision of this Service and Assessment Plan is determined by a governmental agency or
court to be unenforceable, the unenforceable provision shall be deleted and, to the maximum
extent possible, shall be rewritten to be enforceable. Every effort shall be made to enforce the
remaining provisions.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 25
EXHIBITS
The following Exhibits are attached to and made a part of this Service and Assessment Plan for
all purposes:
Exhibit A‐1 Map of the District
Exhibit A‐2 Map of Improvement Area #1 and Remainder Area
Exhibit A‐3 Improvement Area #1 Lot Type Classification Map
Exhibit B Project Costs
Exhibit C Service Plan
Exhibit D Sources and Uses of Funds
Exhibit E Maximum Assessment and Tax Rate Equivalent
Exhibit F‐1 Improvement Area #1 Assessment Roll
Exhibit F‐2 Improvement Area #1 Annual Installments
Exhibit G‐1 Maps of Major Improvements
Exhibit G‐2 Maps of Improvement Area #1 Improvements
Exhibit H Notice of Termination of Assessment
Exhibit I Debt Service Schedule for Improvement Area #1 Bonds
Exhibit J‐1 District Legal Description
Exhibit J‐2 Improvement Area #1 Legal Description
Exhibit J‐3 Remainder Area Legal Description
APPENDICES
The following Appendices are attached to and made a part of this Service and Assessment Plan
for all purposes:
Appendix A Engineer’s Report
Appendix B Buyer Disclosure
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 26 EXHIBIT A‐1 – MAP OF THE DISTRICT
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 27 EXHIBIT A‐2 – MAP OF IMPROVEMENT AREA #1 AND REMAINDER AREA
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 28 EXHIBIT A‐3 – IMPROVEMENT AREA #1 LOT TYPE CLASSIFICATION MAP
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 29
EXHIBIT B – PROJECT COSTS
%Cost
Improvement Area #1 Improvements
Sanitary Sewer System 1,358,015$ ‐$ ‐$ 1,358,015$ 100.00% 1,358,015$
Storm Sewer System 1,999,353 ‐ ‐ 1,999,353 100.00% 1,999,353
Water Distribution System 1,353,005 ‐ ‐ 1,353,005 100.00% 1,353,005
Paving/Roads/Streets 3,292,096 15,960 ‐ 3,276,136 100.00% 3,276,136
Soft Costs[d]2,891,715 1,596 ‐ 2,890,119 100.00% 2,890,119
10,894,183$ 17,556$ ‐$ 10,876,627$ 10,876,627$
Major Improvements [e]
Storm Sewer System 790,331$ 52,952$ 737,379$ ‐$ 0.00%‐$
Paving/Roads/Streets 1,878,322 125,848 1,752,474 ‐ 0.00%‐
Soft Costs[d]385,115 25,803 359,313 ‐ 0.00%‐
3,053,768$ 204,602$ 2,849,166$ ‐$ ‐$
Private Improvements [f]
Private Improvements 6,823,622$ 6,823,622$ ‐$ ‐$ ‐$
6,823,622$ 6,823,622$ ‐$ ‐$ ‐$
Bond Issuance Costs & District Formation Costs [g]
Debt Service Reserve Fund 931,476$ ‐$ ‐$ 931,476$ 931,476$
Capitalized Interest 831,942 ‐ ‐ 831,942 831,942
Underwriter's Discount 371,610 ‐ ‐ 371,610 371,610
Cost of Issuance 771,972 ‐ ‐ 771,972 771,972
2,907,000$ ‐$ ‐$ 2,907,000$ 2,907,000$
Other Costs
Deposit to Administrative Fund 40,000$ ‐$ ‐$ 40,000$ 40,000$
40,000$ ‐$ ‐$ 40,000$ 40,000$
Total 23,718,573$ 7,045,780$ 2,849,166$ 13,823,627$ 13,823,627$
Footnotes:
Total[a]Private[b]District
Eligible Costs
Improvement Area #1Impact Fee
Eligible[c]
[a] Costs based on Engineer's Report dated 5/31/2024.
[b] Non‐reimbursable to Developer from Assessments or PID Bonds.
[c] Per the Engineer's Report, 93.30% of Major Improvements are eligible to be funded via Impact Fees. The remaining 6.70% shall be PID eligible.
[d] Soft Costs include erosion control, bonds and phasing, development fees, and contingency.
[e] Major Improvements funded from other sources relate to property in the PID that may be developed as residential, commercial, or open space and is
not being allocated Major Improvement costs.
[f] Private Improvements include excavation, retaining walls, landscaping, franchise fees, development fees, and contingency.
[g] Preliminary estimates only. To be updated when Improvement Area #1 Bonds are issued.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 30 EXHIBIT C – SERVICE PLAN Annual Installments Due 1/31/2025 1/31/2026 1/31/2027 1/31/2028 1/31/2029Principal‐$ 165,000.00$ 175,000.00$ 185,000.00$ 196,000.00$ Interest 831,941.89 739,503.90 729,653.40 719,205.90 708,161.40 Capitalized Interest (831,941.89) ‐ ‐ ‐ ‐ (1)‐$ 904,503.90$ 904,653.40$ 904,205.90$ 904,161.40$ Additional Interest (2) 61,935.00$ 61,935.00$ 61,110.00$ 60,235.00$ 59,310.00$ Annual Collection Costs (3) 40,000.00$ 40,800.00$ 41,616.00$ 42,448.32$ 43,297.29$ Total Annual Installment (4) = (1) + (2) + (3) 101,935.00$ 1,007,238.90$ 1,007,379.40$ 1,006,889.22$ 1,006,768.69$ Improvement Area #1
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 31
EXHIBIT D – SOURCES AND USES OF FUNDS
Private Impact Fee
Eligible
Improvement
Area #1 Total
Improvement Area #1 Bond ‐$ ‐$ 12,387,000$ 12,387,000$
Developer Contribution ‐ Improvement Area #1[a]‐ ‐ 1,436,627 1,436,627
Developer Contribution ‐ Major Improvements[b]204,602 2,849,166 ‐ 3,053,768
Developer Contribution ‐ Private Improvements[a]6,841,178 ‐ ‐ 6,841,178
Total Sources 7,045,780$ 2,849,166$ 13,823,627$ 23,718,573$
Improvement Area #1 Improvements 17,556$ ‐$ 10,876,627$ 10,894,183$
Major Improvements 204,602 2,849,166 ‐ 3,053,768
Private Improvements 6,823,622 ‐ ‐ 6,823,622
7,045,780$ 2,849,166$ 10,876,627$ 20,771,573$
Bond Issuance Costs & District Formation Expenses [c]
Debt Service Reserve Fund ‐$ ‐$ 931,476$ 931,476$
Capitalized Interest ‐ ‐ 831,942 831,942
Underwriter's Discount ‐ ‐ 371,610 371,610
Cost of Issuance ‐ ‐ 771,972 771,972
‐$ ‐$ 2,907,000$ 2,907,000$
Other Costs
Deposit to Administrative Fund ‐$ ‐$ 40,000$ 40,000$
‐$ ‐$ 40,000$ 40,000$
Total Uses 7,045,780$ 2,849,166$ 13,823,627$ 23,718,573$
Footnotes:
[a] Non‐reimbursable to Developer from Assessments or PID Bonds.
[b] A portion of the Major Improvements are reimbursable to the Developer from Impact Fees.
[c] Preliminary estimates only, to be updated upon bond issuance.
Sources of Funds
Uses of Funds
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 32 EXHIBIT E – MAXIMUM ASSESSMENT AND TAX RATE EQUIVALENT Per Unit Total Per Unit Total Per Unit TotalImprovement Area #1Lot Type 1 (50') 190 500,000$ 95,000,000$ 42,421$ 8,060,034$ 3,448$ 655,187$ 0.6897$ Lot Type 2 (60') 85 600,000$ 51,000,000$ 50,905$ 4,326,966$ 4,138$ 351,732$ 0.6897$ Improvement Area #1 Total 275 146,000,000$ 12,387,000$ 1,006,918$ Footnotes:[a] Per information provided by the Developer.Lot Type Units[a]Estimated Buildout Value[a]AssessmentAverage Annual Installment Tax Rate Equivalent
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 33
EXHIBIT F‐1 – IMPROVEMENT AREA #1 ASSESSMENT ROLL
Property
ID[a]Lot Type
Outstanding
Assessment
Annual Installment Due
1/31/2025[b]
2120875 Improvement Area #1 Initial Parcel 12,387,000.00$ 101,935.00$
Total 12,387,000.00$ 101,935.00$
Footnotes:
[a] The entire Improvement Area #1 is contained within Property ID 2120875. For billing
purposes, the Annual Installment due 1/31/2025 shall be allocated pro rata based on acreage.
[b] Includes one year of Capitalized Interest.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 34
EXHIBIT F‐2 – IMPROVEMENT AREA #1 ANNUAL INSTALLMENTS
Annual
Installment
Due 1/31 Principal Interest
[a]
Additional
Interest
Capitalized
Interest Reserve Fund
Annual Collection
Costs
Annual
Installment[b]
2025 ‐$ 831,941.89$ 61,935.00$ (831,941.89)$ ‐$ 40,000.00$ 101,935.00$
2026 165,000.00$ 739,503.90$ 61,935.00$ ‐$ ‐$ 40,800.00$ 1,007,238.90$
2027 175,000.00$ 729,653.40$ 61,110.00$ ‐$ ‐$ 41,616.00$ 1,007,379.40$
2028 185,000.00$ 719,205.90$ 60,235.00$ ‐$ ‐$ 42,448.32$ 1,006,889.22$
2029 196,000.00$ 708,161.40$ 59,310.00$ ‐$ ‐$ 43,297.29$ 1,006,768.69$
2030 208,000.00$ 696,460.20$ 58,330.00$ ‐$ ‐$ 44,163.24$ 1,006,953.44$
2031 221,000.00$ 684,042.60$ 57,290.00$ ‐$ ‐$ 45,046.50$ 1,007,379.10$
2032 234,000.00$ 670,848.90$ 56,185.00$ ‐$ ‐$ 45,947.43$ 1,006,981.33$
2033 248,000.00$ 656,879.10$ 55,015.00$ ‐$ ‐$ 46,866.38$ 1,006,760.48$
2034 263,000.00$ 642,073.50$ 53,775.00$ ‐$ ‐$ 47,803.71$ 1,006,652.21$
2035 279,000.00$ 626,372.40$ 52,460.00$ ‐$ ‐$ 48,759.78$ 1,006,592.18$
2036 296,000.00$ 609,716.10$ 51,065.00$ ‐$ ‐$ 49,734.98$ 1,006,516.08$
2037 314,000.00$ 592,044.90$ 49,585.00$ ‐$ ‐$ 50,729.68$ 1,006,359.58$
2038 334,000.00$ 573,299.10$ 48,015.00$ ‐$ ‐$ 51,744.27$ 1,007,058.37$
2039 354,000.00$ 553,359.30$ 46,345.00$ ‐$ ‐$ 52,779.16$ 1,006,483.46$
2040 376,000.00$ 532,225.50$ 44,575.00$ ‐$ ‐$ 53,834.74$ 1,006,635.24$
2041 400,000.00$ 509,778.30$ 42,695.00$ ‐$ ‐$ 54,911.43$ 1,007,384.73$
2042 424,000.00$ 485,898.30$ 40,695.00$ ‐$ ‐$ 56,009.66$ 1,006,602.96$
2043 451,000.00$ 460,585.50$ 38,575.00$ ‐$ ‐$ 57,129.85$ 1,007,290.35$
2044 479,000.00$ 433,660.80$ 36,320.00$ ‐$ ‐$ 58,272.45$ 1,007,253.25$
2045 508,000.00$ 405,064.50$ 33,925.00$ ‐$ ‐$ 59,437.90$ 1,006,427.40$
2046 540,000.00$ 374,736.90$ 31,385.00$ ‐$ ‐$ 60,626.66$ 1,006,748.56$
2047 574,000.00$ 342,498.90$ 28,685.00$ ‐$ ‐$ 61,839.19$ 1,007,023.09$
2048 610,000.00$ 308,231.10$ 25,815.00$ ‐$ ‐$ 63,075.97$ 1,007,122.07$
2049 648,000.00$ 271,814.10$ 22,765.00$ ‐$ ‐$ 64,337.49$ 1,006,916.59$
2050 689,000.00$ 233,128.50$ 19,525.00$ ‐$ ‐$ 65,624.24$ 1,007,277.74$
2051 732,000.00$ 191,995.20$ 16,080.00$ ‐$ ‐$ 66,936.72$ 1,007,011.92$
2052 778,000.00$ 148,294.80$ 12,420.00$ ‐$ ‐$ 68,275.45$ 1,006,990.25$
2053 827,000.00$ 101,848.20$ 8,530.00$ ‐$ ‐$ 69,640.96$ 1,007,019.16$
2054 879,000.00$ 52,476.30$ 4,395.00$ ‐$ (931,476.30)$ 71,033.78$ 75,428.78$
Total 12,387,000.00$ 14,885,799.49$ 1,238,975.00$ (831,941.89)$ (931,476.30)$ 1,622,723.23$ 28,371,079.53$
Footnotes:
[a] Interest on the Improvement Area #1 Bonds is calculated at a 5.97% rate for illustrative purposes.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs,
reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 35 EXHIBIT G‐1 – MAPS OF MAJOR IMPROVEMENTS
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 36
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 37 EXHIBIT G‐2 – MAPS OF IMPROVEMENT AREA #1 IMPROVEMENTS
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 38
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 39
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 40
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 41
EXHIBIT H – NOTICE OF TERMINATION OF ASSESSMENT
P3Works, LLC
9284 Huntington Square, Suite 100
North Richland Hills, TX 76182
______________________________________________________________________________
[Date]
Collin County Clerk’s Office
Honorable [County Clerk Name]
Collin County Courts Building
2300 Bloomdale Rd, Suite 2106
McKinney, TX 75071
Re: City of Anna Lien Release Documents for Filing
Dear Ms./Mr. [County Clerk Name],
Enclosed is a lien release that the City of Anna is requesting to be filed in your office. Lien release
for [insert legal description]. Recording Numbers: [Plat]. Please forward copies of the filed
documents below:
City of Anna
Attn: [City Secretary]
120 W 7th Street
Anna, TX 75409
Please contact me if you have any questions or need additional information.
Sincerely,
[Signature]
P3Works, LLC
P: (817) 393-0353
admin@p3-works.com
www.P3-Works.com
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 42
AFTER RECORDING RETURN TO:
[City Secretary Name]
120 W 7th Street
Anna, TX 75049
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU
MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.
FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN
STATE OF TEXAS §
KNOW ALL MEN BY THESE PRESENTS: §
COUNTY OF COLLIN §
THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full
Release") is executed and delivered as of the Effective Date by the City of Anna, Texas.
RECITALS
WHEREAS, the governing body (hereinafter referred to as the "City Council") of the City
of Anna, Texas (hereinafter referred to as the "City"), is authorized by Chapter 372, Texas Local
Government Code, as amended (hereinafter referred to as the "Act"), to create public improvement
districts within the corporate limits of the City; and
WHEREAS, on September 26, 2023, the City Council for the City, approved Resolution
No. 2023-09-1558, creating the Meadow Vista Public Improvement District (the “District”); and
WHEREAS, the District consists of approximately 223.154 contiguous acres within the
corporate limits of the City; and
WHEREAS, on or about _________, 2024, the City Council approved Ordinance No.
__________, (hereinafter referred to as the "Assessment Ordinance") approving a service and
assessment plan and assessment roll for the Property within the District; and
WHEREAS, the Assessment Ordinance imposed an assessment in the amount of [amount]
(hereinafter referred to as the "Lien Amount") for the following property:
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 43
[legal description], a subdivision in Collin County, Texas, according to the map or plat of record
in Document/Instrument No. ________ of the Plat Records of Collin County, Texas (hereinafter
referred to as the "Property"); and
WHEREAS, the Lien Amount has been paid in full.
RELEASE
NOW THEREFORE, the City, the Developer and holder of the Lien, Instrument No. ________,
in the Real Property Records of Collin County, Texas, in the amount of the Lien Amount against
the Property releases and discharges, and by these presents does hereby release and discharge, the
above-described Property from said lien held by the undersigned securing said indebtedness.
EXECUTED to be EFFECTIVE this the _____ day of _________, 20__.
CITY OF ANNA, TEXAS,
By: _______________________________
[Manager Name], City Manager
ATTEST:
______________________________
[Secretary Name], City Secretary
STATE OF TEXAS §
§
COUNTY OF COLLIN §
This instrument was acknowledged before me on the ____ day of ________, 20__, by
[Manager Name], City Manager for the City of Anna, Texas, on behalf of said municipality.
_______________________________
Notary Public, State of Texas
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 44 EXHIBIT I – DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #1 BONDS
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN 45
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 46
EXHIBIT J‐1 – DISTRICT LEGAL DESCRIPTION
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 47
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 48
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 49
EXHIBIT J‐2 – IMPROVEMENT AREA #1 LEGAL DESCRIPTION
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 50
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 51
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 52
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 53
EXHIBIT J‐3 – REMAINDER AREA LEGAL DESCRIPTION
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 54
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 55
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 56
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 57
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 58
APPENDIX A – ENGINEER’S REPORT
[Remainder of page intentionally left blank.]
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 59
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 60
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 61
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 62
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 63
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 64
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 65
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 66
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 67
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 68
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 69
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 70
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 71
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 72
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 73
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 74
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 75
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 76
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 77
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 78
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 79
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 80
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 81
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN 82
APPENDIX B – BUYER DISCLOSURES
Forms of the buyer disclosures for the following Lot Types are found in this appendix:
Improvement Area #1
o Improvement Area #1 Initial Parcel
o Lot Type 1
o Lot Type 2
[Remainder of page intentionally left blank.]
MEADOW VISTA 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 RECORDING1 RETURN TO:
____________________
____________________
____________________
____________________
____________________
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
THE CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
__________________________________________
STREET ADDRESS
IMPROVEMENT AREA #1 INITIAL PARCEL PRINCIPAL ASSESSMENT: $12,387,000.00
As the purchaser of the real property described above, you are obligated to pay assessments
to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the
"Authorized Improvements") undertaken for the benefit of the property within the MEADOW VISTA
PUBLIC IMPROVEMENT DISTRICT (the "District") created under Subchapter A, Chapter 372,
Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE
ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL
INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE
AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND
DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City of Anna. The exact
amount of each annual installment will be approved each year by the City of Anna City Council in
the annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from the City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
_________________
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.
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
The undersigned seller acknowledges providing this notice to the potential purchaser before
the effective date of a binding contract for the purchase of the real property at the address described
above.
DATE: 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.
Purchaser Signature Page to Final Notice with 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. 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.
Annual Installment Schedule to Notice
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: 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.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installment
Due 1/31 Principal Interest
[a]
Additional
Interest
Capitalized
Interest
Annual Collection
Costs
Annual
Installment[b]
2025 ‐$ 831,941.89$ 61,935.00$ (831,941.89)$ 40,000.00$ 101,935.00$
2026 165,000.00$ 739,503.90$ 61,935.00$ ‐$ 40,800.00$ 1,007,238.90$
2027 175,000.00$ 729,653.40$ 61,110.00$ ‐$ 41,616.00$ 1,007,379.40$
2028 185,000.00$ 719,205.90$ 60,235.00$ ‐$ 42,448.32$ 1,006,889.22$
2029 196,000.00$ 708,161.40$ 59,310.00$ ‐$ 43,297.29$ 1,006,768.69$
2030 208,000.00$ 696,460.20$ 58,330.00$ ‐$ 44,163.24$ 1,006,953.44$
2031 221,000.00$ 684,042.60$ 57,290.00$ ‐$ 45,046.50$ 1,007,379.10$
2032 234,000.00$ 670,848.90$ 56,185.00$ ‐$ 45,947.43$ 1,006,981.33$
2033 248,000.00$ 656,879.10$ 55,015.00$ ‐$ 46,866.38$ 1,006,760.48$
2034 263,000.00$ 642,073.50$ 53,775.00$ ‐$ 47,803.71$ 1,006,652.21$
2035 279,000.00$ 626,372.40$ 52,460.00$ ‐$ 48,759.78$ 1,006,592.18$
2036 296,000.00$ 609,716.10$ 51,065.00$ ‐$ 49,734.98$ 1,006,516.08$
2037 314,000.00$ 592,044.90$ 49,585.00$ ‐$ 50,729.68$ 1,006,359.58$
2038 334,000.00$ 573,299.10$ 48,015.00$ ‐$ 51,744.27$ 1,007,058.37$
2039 354,000.00$ 553,359.30$ 46,345.00$ ‐$ 52,779.16$ 1,006,483.46$
2040 376,000.00$ 532,225.50$ 44,575.00$ ‐$ 53,834.74$ 1,006,635.24$
2041 400,000.00$ 509,778.30$ 42,695.00$ ‐$ 54,911.43$ 1,007,384.73$
2042 424,000.00$ 485,898.30$ 40,695.00$ ‐$ 56,009.66$ 1,006,602.96$
2043 451,000.00$ 460,585.50$ 38,575.00$ ‐$ 57,129.85$ 1,007,290.35$
2044 479,000.00$ 433,660.80$ 36,320.00$ ‐$ 58,272.45$ 1,007,253.25$
2045 508,000.00$ 405,064.50$ 33,925.00$ ‐$ 59,437.90$ 1,006,427.40$
2046 540,000.00$ 374,736.90$ 31,385.00$ ‐$ 60,626.66$ 1,006,748.56$
2047 574,000.00$ 342,498.90$ 28,685.00$ ‐$ 61,839.19$ 1,007,023.09$
2048 610,000.00$ 308,231.10$ 25,815.00$ ‐$ 63,075.97$ 1,007,122.07$
2049 648,000.00$ 271,814.10$ 22,765.00$ ‐$ 64,337.49$ 1,006,916.59$
2050 689,000.00$ 233,128.50$ 19,525.00$ ‐$ 65,624.24$ 1,007,277.74$
2051 732,000.00$ 191,995.20$ 16,080.00$ ‐$ 66,936.72$ 1,007,011.92$
2052 778,000.00$ 148,294.80$ 12,420.00$ ‐$ 68,275.45$ 1,006,990.25$
2053 827,000.00$ 101,848.20$ 8,530.00$ ‐$ 69,640.96$ 1,007,019.16$
2054 879,000.00$ 52,476.30$ 4,395.00$ ‐$ 71,033.78$ 1,006,905.08$
Total 12,387,000.00$ 14,885,799.49$ 1,238,975.00$ (831,941.89)$ 1,622,723.23$ 28,371,079.53$
Footnotes:
[a] Interest on the Improvement Area #1 Bonds is calculated at a 5.97% rate for illustrative purposes.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual
Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the
amounts shown.
ANNUAL INSTALLMENTS – IMPROVEMENT AREA #1 INITIAL PARCEL
MEADOW VISTA 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 RECORDING1 RETURN TO:
____________________
____________________
____________________
____________________
____________________
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
THE CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
__________________________________________
STREET ADDRESS
IMPROVEMENT AREA #1 – LOT TYPE 1 PRINCIPAL ASSESSMENT: $42,421.23
As the purchaser of the real property described above, you are obligated to pay assessments
to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the
"Authorized Improvements") undertaken for the benefit of the property within the MEADOW VISTA
PUBLIC IMPROVEMENT DISTRICT (the "District") created under Subchapter A, Chapter 372,
Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE
ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL
INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE
AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND
DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City of Anna. The exact
amount of each annual installment will be approved each year by the City of Anna City Council in
the annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from the City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
_________________
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.
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
The undersigned seller acknowledges providing this notice to the potential purchaser before
the effective date of a binding contract for the purchase of the real property at the address described
above.
DATE: 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.
Purchaser Signature Page to Final Notice with 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. 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.
Seller 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: 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.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installment
Due 1/31 Principal Interest
[a]
Additional
Interest
Capitalized
Interest
Annual
Collection
Costs
Annual
Installment[b]
2025 ‐$ 2,849.12$ 212.11$ (2,849.12)$ 136.99$ 349.09$
2026 565.07$ 2,532.55$ 212.11$ ‐$ 139.73$ 3,449.45$
2027 599.32$ 2,498.81$ 209.28$ ‐$ 142.52$ 3,449.93$
2028 633.56$ 2,463.03$ 206.28$ ‐$ 145.37$ 3,448.25$
2029 671.23$ 2,425.21$ 203.12$ ‐$ 148.28$ 3,447.84$
2030 712.33$ 2,385.14$ 199.76$ ‐$ 151.24$ 3,448.47$
2031 756.85$ 2,342.61$ 196.20$ ‐$ 154.27$ 3,449.93$
2032 801.37$ 2,297.43$ 192.41$ ‐$ 157.35$ 3,448.57$
2033 849.32$ 2,249.59$ 188.41$ ‐$ 160.50$ 3,447.81$
2034 900.68$ 2,198.88$ 184.16$ ‐$ 163.71$ 3,447.44$
2035 955.48$ 2,145.11$ 179.66$ ‐$ 166.99$ 3,447.23$
2036 1,013.70$ 2,088.07$ 174.88$ ‐$ 170.33$ 3,446.97$
2037 1,075.34$ 2,027.55$ 169.81$ ‐$ 173.73$ 3,446.44$
2038 1,143.84$ 1,963.35$ 164.43$ ‐$ 177.21$ 3,448.83$
2039 1,212.33$ 1,895.07$ 158.72$ ‐$ 180.75$ 3,446.86$
2040 1,287.67$ 1,822.69$ 152.65$ ‐$ 184.37$ 3,447.38$
2041 1,369.86$ 1,745.82$ 146.22$ ‐$ 188.05$ 3,449.95$
2042 1,452.05$ 1,664.04$ 139.37$ ‐$ 191.81$ 3,447.27$
2043 1,544.52$ 1,577.35$ 132.11$ ‐$ 195.65$ 3,449.62$
2044 1,640.41$ 1,485.14$ 124.38$ ‐$ 199.56$ 3,449.50$
2045 1,739.73$ 1,387.21$ 116.18$ ‐$ 203.55$ 3,446.67$
2046 1,849.32$ 1,283.35$ 107.48$ ‐$ 207.63$ 3,447.77$
2047 1,965.75$ 1,172.94$ 98.24$ ‐$ 211.78$ 3,448.71$
2048 2,089.04$ 1,055.59$ 88.41$ ‐$ 216.01$ 3,449.05$
2049 2,219.18$ 930.87$ 77.96$ ‐$ 220.33$ 3,448.34$
2050 2,359.59$ 798.39$ 66.87$ ‐$ 224.74$ 3,449.58$
2051 2,506.85$ 657.52$ 55.07$ ‐$ 229.24$ 3,448.67$
2052 2,664.38$ 507.86$ 42.53$ ‐$ 233.82$ 3,448.60$
2053 2,832.19$ 348.80$ 29.21$ ‐$ 238.50$ 3,448.70$
2054 3,010.27$ 179.71$ 15.05$ ‐$ 243.27$ 3,448.31$
Total 42,421.23$ 50,978.77$ 4,243.07$ (2,849.12)$ 5,557.27$ 97,161.23$
Footnotes:
[a] Interest on the Improvement Area #1 Bonds is calculated at a 5.97% rate for illustrative purposes.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan
Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other
available offsets could increase or decrease the amounts shown.
ANNUAL INSTALLMENTS – IMPROVEMENT AREA #1 LOT TYPE 1
MEADOW VISTA 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 RECORDING1 RETURN TO:
____________________
____________________
____________________
____________________
____________________
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
THE CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
__________________________________________
STREET ADDRESS
IMPROVEMENT AREA #1 – LOT TYPE 2 PRINCIPAL ASSESSMENT: $50,905.48
As the purchaser of the real property described above, you are obligated to pay assessments
to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the
"Authorized Improvements") undertaken for the benefit of the property within the MEADOW VISTA
PUBLIC IMPROVEMENT DISTRICT (the "District") created under Subchapter A, Chapter 372,
Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE
ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL
INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE
AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND
DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City of Anna. The exact
amount of each annual installment will be approved each year by the City of Anna City Council in
the annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from the City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
_________________
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.
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.
DATE: DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
The undersigned seller acknowledges providing this notice to the potential purchaser before
the effective date of a binding contract for the purchase of the real property at the address described
above.
DATE: 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.
Purchaser Signature Page to Final Notice with 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. 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.
Seller 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: 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.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
Annual
Installment
Due 1/31 Principal Interest
[a]
Additional
Interest
Capitalized
Interest
Annual Collection
Costs
Annual
Installment[b]
2025 ‐$ 3,418.94$ 254.53$ (3,418.94)$ 164.38$ 418.91$
2026 678.08$ 3,039.06$ 254.53$ ‐$ 167.67$ 4,139.34$
2027 719.18$ 2,998.58$ 251.14$ ‐$ 171.02$ 4,139.92$
2028 760.27$ 2,955.64$ 247.54$ ‐$ 174.45$ 4,137.90$
2029 805.48$ 2,910.25$ 243.74$ ‐$ 177.93$ 4,137.41$
2030 854.79$ 2,862.17$ 239.71$ ‐$ 181.49$ 4,138.16$
2031 908.22$ 2,811.13$ 235.44$ ‐$ 185.12$ 4,139.91$
2032 961.64$ 2,756.91$ 230.90$ ‐$ 188.83$ 4,138.28$
2033 1,019.18$ 2,699.50$ 226.09$ ‐$ 192.60$ 4,137.37$
2034 1,080.82$ 2,638.66$ 220.99$ ‐$ 196.45$ 4,136.93$
2035 1,146.58$ 2,574.13$ 215.59$ ‐$ 200.38$ 4,136.68$
2036 1,216.44$ 2,505.68$ 209.86$ ‐$ 204.39$ 4,136.37$
2037 1,290.41$ 2,433.06$ 203.77$ ‐$ 208.48$ 4,135.72$
2038 1,372.60$ 2,356.02$ 197.32$ ‐$ 212.65$ 4,138.60$
2039 1,454.79$ 2,274.08$ 190.46$ ‐$ 216.90$ 4,136.23$
2040 1,545.21$ 2,187.23$ 183.18$ ‐$ 221.24$ 4,136.86$
2041 1,643.84$ 2,094.98$ 175.46$ ‐$ 225.66$ 4,139.94$
2042 1,742.47$ 1,996.84$ 167.24$ ‐$ 230.18$ 4,136.72$
2043 1,853.42$ 1,892.82$ 158.53$ ‐$ 234.78$ 4,139.55$
2044 1,968.49$ 1,782.17$ 149.26$ ‐$ 239.48$ 4,139.40$
2045 2,087.67$ 1,664.65$ 139.42$ ‐$ 244.27$ 4,136.00$
2046 2,219.18$ 1,540.01$ 128.98$ ‐$ 249.15$ 4,137.32$
2047 2,358.90$ 1,407.53$ 117.88$ ‐$ 254.13$ 4,138.45$
2048 2,506.85$ 1,266.70$ 106.09$ ‐$ 259.22$ 4,138.86$
2049 2,663.01$ 1,117.04$ 93.55$ ‐$ 264.40$ 4,138.01$
2050 2,831.51$ 958.06$ 80.24$ ‐$ 269.69$ 4,139.50$
2051 3,008.22$ 789.02$ 66.08$ ‐$ 275.08$ 4,138.41$
2052 3,197.26$ 609.43$ 51.04$ ‐$ 280.58$ 4,138.32$
2053 3,398.63$ 418.55$ 35.05$ ‐$ 286.20$ 4,138.43$
2054 3,612.33$ 215.66$ 18.06$ ‐$ 291.92$ 4,137.97$
Total 50,905.48$ 61,174.52$ 5,091.68$ (3,418.94)$ 6,668.73$ 116,593.48$
Footnotes:
[a] Interest on the Improvement Area #1 Bonds is calculated at a 5.97% rate for illustrative purposes.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available
offsets could increase or decrease the amounts shown.
ANNUAL INSTALLMENTS – IMPROVEMENT AREA #1 LOT TYPE 2
2024 - 202400008.5672 07/16/2024 02:44 PM Page 1 of 111
CITY OF ANNA
ORDINANCE NO. 1107-2024-07
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS
ACCEPTING AND APPROVING A SERVICE AND ASSESSMENT PLAN
AND ASSESSMENT ROLL FOR MEADOW VISTA PUBLIC
IMPROVEMENT DISTRICT; MAKING A FINDING OF SPECIAL BENEFIT
TO THE PROPERTY IN THE DISTRICT; LEVYING SPECIAL
ASSESSMENTS AGAINST PROPERTY WITHIN THE DISTRICT AND
ESTABLISHING A LIEN ON SUCH PROPERTY; PROVIDING FOR THE
METHOD OF ASSESSMENT AND THE PAYMENT OF THE ASSESSMENTS
IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERNMENT
CODE, AS AMENDED, PROVIDING PENALTIES AND INTEREST ON
DELINQUENT ASSESSMENTS, PROVIDING FOR SEVERABILITY, AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the governing body (the "City Council") of the City of Anna, Texas (the
"City") is authorized by the Public Improvement District Assessment Act, Chapter 372, Texas
Local Government Code, as amended (the "PID Act") to create public improvement districts
within the City and the extraterritorial jurisdiction ("ETJ" ); and
WHEREAS, on August 2, 2023, a petition (the "Petition") was submitted and filed with
the City Secretary (the "City Secretary") of the City meeting the requirements of the PID Act
requesting the creation of a public improvement district within the City ; and
WHEREAS, the Petition contained the signatures of the owners of taxable property
representing more than fifty percent of the appraised value of taxable real property liable for
assessment within the District (defined below), as determined by the then current ad valorem tax
rolls of Collin Central Appraisal District and the signatures of the property owners who own
taxable real property that constitutes more than fifty percent of the area of all taxable property
within the District that is liable for assessment; and
WHEREAS, the City accepted the Petition and called a public hearing to consider the
creation of the District and directed the City Secretary to publish and mail notice of such hearing
as required by the PID Act; and
WHEREAS, on September 26, 2023, after due notice, the City Council held a public
hearing in the manner required by law on the advisability of the public improvements and services
described in the Petition as required by Section 372.009 of the PID Act and made the findings
required by Section 372.009(b) of the PID Act and, by Resolution No. 2023-09-1558 (the
"Authorization Resolution") adopted by a majority of the members of the City Council, authorized
and created Meadow Vista Public Improvement District (the "District") in accordance with its
finding as to the advisability of the Authorized Improvements; and
1
2024 - 202400008.5672 07/16/2024 02:44 PM Page 2 of 111
WHEREAS, the City filed the Authorization Resolution with the Collin County Clerk as
required by law, as recorded in the Real Property Records of Collin County as Document No.
2023000113773;and
WHEREAS, no written protests regarding the creation of the District from any owners of
record of property within the District were filed with the City Secretary; and
WHEREAS, on June 11, 2024, the City Council adopted a resolution determining total
costs of certain authorized public improvements, approving a preliminary service and assessment
plan, including the Proposed Assessment Roll (as defined in said resolution), and directing the
publication and mailing of notice of a public hearing (the "Assessment Hearing") to consider an
ordinance levying assessments on property within the District (the "Assessments"); and
WHEREAS, the City Secretary filed the proposed Assessment Roll (defined below) and
made the same available for public inspection; and
WHEREAS, the City Secretary, pursuant to Section 372.016(c) of the PID Act, mailed the
notice of the Assessment Hearing to the last known address of the owners of the property liable
for the Assessments; and
WHEREAS, the City Secretary, pursuant to Section 372.016(b) of the PID Act, published
notice of the Assessment Hearing on June 18, 2024 in the Herald -Democrat, a newspaper of
general circulation in the City; and
WHEREAS, the City Council conducted the Assessment Hearing on July 9, 2024, at
which all persons who appeared, or requested to appear, in person or by their attorney, were given
the opportunity to contend for or contest the Assessment Roll, and the proposed Assessments, and
to offer testimony pertinent to any issue presented on the amount of the Assessments, the allocation
of the Actual Costs of the authorized public improvements to be undertaken for the benefit of
property within the District (the "Authorized Improvements"), the purposes of the Assessments,
the special benefits of the Assessments, and the penalties and interest on annual installments and
on delinquent annual installments of the Assessments; and
WHEREAS, the owners of 100% of the property subject to the proposed assessment
within the District (the "Landowners") had actual knowledge of the Assessment Hearing to be
held on July 9, 2024, and support the creation of the District and the levy of assessments against
the property in accordance with the Service and Assessment Plan to finance the Authorized
Improvements for benefit of the property within the District; and
WHEREAS, the City Council finds and determines that the Assessment Roll and Meadow
Vista Public Improvement District Service and Assessment Plan, dated July 9, 2024 (the "Service
and Assessment Plan"), attached as Exhibit and incorporated as a part of this Ordinance for all
purposes, should be approved and that the Assessments should be levied as provided in this
Ordinance and the Service and Assessment Plan, including the Improvement Area #1 Assessment
Roll attached thereto as Exhibit F-1 (the "AssessmentRolr'); and
2
2024 - 202400008.5672 07/16/2024 02:44 PM Page 3 of 111
WHEREAS, the City Council further finds that there were no objections or evidence
submitted to the City Secretary in opposition to the Service and Assessment Plan, the allocation
of the Actual Costs of the Authorized Improvements as described in the Service and Assessment
Plan, the Assessment Roll, and the levy of the Assessments; and
WHEREAS, at the Assessment Hearing, the Landowners, or their representatives, who are
the persons to be assessed pursuant to this Ordinance, appeared in support of the levy of the
Assessments against their property located within the District; and
WHEREAS, the City Council closed the hearing, and, after considering all written and
documentary evidence presented at the hearing, including all written comments and statements
filed with the City, determined to proceed with the adoption of this Ordinance in conformity with
the requirements of the PID Act; and
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF ANNA, TEXAS:
Section 1. Terms.
Terms not otherwise defined herein are defined in the Service and Assessment Plan.
Section 2. Findings.
The City Council hereby finds, determines, and ordains, as follows:
(a) The recitals set forth in the WHEREAS clauses of this Ordinance are true
and correct and are hereby incorporated by reference and made a part of this Ordinance for
all purposes as if the same were restated in full in this Section and constitute findings of
the City Council acting in its discretionary, legislative capacity;
(b) All actions of the City in connection with the creation and establishment of
the District and the approval of this Ordinance: (i) have been taken and performed in
compliance with the PID Act and all other applicable laws, policies, and procedures; (ii)
have been taken and performed in a regular, proper and valid manners; and (iii) are
approved and ratified;
(c) The apportionment of the Actual Costs of the Authorized Improvements,
including specifically the Improvement Area #1 Improvements (as reflected in the Service
and Assessment Plan, and the Annual Collection Costs pursuant to the Service and
Assessment Plan) is fair and reasonable, reflects an accurate presentation of the special
benefit each assessed Parcel will receive from the construction of the Authorized
Improvements identified in the Service and Assessment Plan, and is hereby approved;
3
2024 - 202400008.5672 07/16/2024 02:44 PM Page 4 of 111
(d) The Service and Assessment Plan covers a period of at least five years and
defines the annual indebtedness and projected costs for the Authorized Improvements;
(e) The Service and Assessment Plan apportions the Actual Cost(s) of the
Authorized Improvements to be assessed against the property in the District and such
apportionment is made on the basis of special benefits accruing to the property because of
the Authorized Improvements;
(f) All of the Improvement Area #1 Assessed Property being assessed in the
amounts shown on the Improvement Area #1 Assessment Roll will be benefited by the
Improvement Area #1 Projects proposed to be constructed as described in the Service and
Assessment Plan, and each assessed Parcel of Improvement Area #1 Assessed Property
will receive special benefits equal to or greater than the total amount assessed for the
Improvement Area #1 Projects;
(g) The method of apportionment of the Actual Costs of the Authorized
Improvements and Annual Collection Costs set forth in the Service and Assessment Plan
results in imposing equal shares of the Actual Costs of the Authorized Improvements and
Annual Collection Costs on property similarly benefited, and results in a reasonable
classification and formula for the apportionment of the Actual Costs;
(h) The Service and Assessment Plan has been prepared on behalf of, presented
to, and reviewed by the City Council and should be approved as the service plan and
assessment plan for the District for all purposes as described in Sections 372.013 and
372.014 of the PID Act;
(i) The Assessment Roll should be approved as the Assessment Roll for
Improvement Area #1 of the District;
0) The provisions of the Service and Assessment Plan relating to due and
delinquency dates for the Assessments, interest on Annual Installments, interest and
penalties on delinquent Assessments and delinquent Annual Installments, and procedures
in connection with the imposition and collection of Assessments should be approved and
will expedite collection of the Assessments in a timely manner in order to provide the
services and improvements needed and required for the area within the District; and
(k) A written notice of the date, hour, place and subject of this meeting of the
City Council was posted at a place convenient to the public for the time required by law
preceding this meeting, as required by the Open Meetings Act, Chapter 551, Texas
Government Code, as amended, and this meeting has been open to the public as required
by law at all times during which this Ordinance and the subject matter hereof has been
discussed, considered, and formally acted upon.
0
2024 - 2024000085672 07/16/2024 02:44 PM Page 5 of 111
Section 3. Service and Assessment Plan.
The Service and Assessment Plan is hereby accepted and approved pursuant to Sections
372.013 and 372.014 of the PID Act as the service plan and the assessment plan relating to the
Authorized Improvements for the District. The Service and Assessment Plan shall be updated by
the City Council no less frequently than annually as required by the PID Act and more frequently
as may be required by the Service and Assessment Plan including upon the issuance of PID Bonds.
Section 4. Assessment Roll.
The Assessment Roll is hereby accepted and approved pursuant to Section 372.016 of the
PID Act as the Assessment Roll for Improvement Area #1 of the District for all purposes.
Section 5. Lew and Payment of Assessments for Costs of the Authorized
Improvements.
(a) The City Council hereby levies the Assessments on each Parcel of property
(excluding Non-Benefitted Property) located within Improvement Area #1 of the District,
as shown and described in the Service and Assessment Plan and the Assessment Roll, in
the amounts shown in the Service and Assessment Plan as a special assessment as set forth
in the Assessment Roll.
(b) The levy of the Assessments shall be effective on the date of execution of
this Ordinance levying Assessments and strictly in accordance with the terms of the Service
and Assessment Plan and the PID Act.
(c) The collection of the Assessments shall be as described in the Service and
Assessment Plan and the PID Act.
(d) Each Assessment may be prepaid in whole or in part at any time without
penalty or may be paid in Annual Installments pursuant to the terms of the Service and
Assessment Plan.
(e) Each Assessment shall bear interest at the rate or rates specified in the
Service and Assessment Plan.
(f) Each Annual Installment shall be collected each year in the manner set forth
in the Service and Assessment Plan.
(g) The Annual Collection Costs for Assessed Property shall be calculated
pursuant to the terms of the Service and Assessment Plan.
Section 6. Method of Assessment.
The method of apportioning the Actual Costs of the Authorized Improvements and Annual
Collection Costs are set forth in the Service and Assessment Plan.
R
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Section 7. Penalties and Interest on Delinquent Assessments.
Delinquent Assessments shall be subject to the penalties, interest, procedures, and
foreclosure sales set forth in the Service and Assessment Plan and as allowed by law.
Section 8. Prepayments of Assessments.
As provided in the Service and Assessment Plan, the owner of any Assessed Property may
prepay the Assessments levied by this Ordinance.
Section 9. Lien Priority.
The City Council and the Landowners intend for the obligations, covenants and burdens
on the Assessed Property, including without limitation such Landowners' obligations related to
payment of the Assessments and the Annual Installments thereof, to constitute covenants that shall
run with the land. The Assessments and the Annual Installments thereof which are levied hereby
shall be binding upon the assessed parties, as the owners of Assessed Property, and their respective
transferees, legal representatives, heirs, devisees, successors and assigns, regardless of whether
such owners are named, in the same manner and for the same period as such parties would be
personally liable for the payment of ad valorem taxes under applicable law. Assessments shall
have lien priority as specified in the Service and Assessment Plan and the PID Act.
Section 10. Applicability of Tax Code.
To the extent not inconsistent with this Ordinance, and not inconsistent with the PID Act
or the other laws governing public improvement districts, the provisions of the Texas Tax Code,
as amended, shall be applicable to the imposition and collection of Assessments by the City.
Section 11. Filing in Land Records.
The City Secretary is directed to cause a copy of this Ordinance, including the Service and
Assessment Plan and/or the Assessment Roll, to be recorded in the real property records of Collin
County, Texas. The City Secretary is further directed to similarly file each Annual Service Plan
Update approved by the City Council.
Section 12. Severability.
If any provision, section, subsection, sentence, clause, or phrase of this Ordinance, or the
application of same to any person or set of circumstances is for any reason held to be
unconstitutional, void, or invalid, the validity of the remaining portions of this Ordinance or the
application to other persons or sets of circumstances shall not be affected thereby, it being the
intent of the City Council that no portion hereof, or provision or regulation contained herein shall
become inoperative or fail by reason of any unconstitutionality, voidness, or invalidity or any other
portion hereof, and all provisions of this ordinance are declared to be severable for that purpose.
31
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Section 13. Effective Date.
This Ordinance shall take effect, and the levy of the Assessments, and the provisions and
terms of the Service and Assessment Plan shall be and become effective upon passage and
execution hereof.
(Execution page follows.)
7
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PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ANNA•
TEXAS, THIS 9" DAY OF JULY, 2024.
ATTEST:
Pete Cain, Mayor
Carrie L. Land, City Secretary
STATE OF TEXAS
COUNTY OF COLLIN
This instrument was acknowledged before me on the of day of July, 2024 by Pete
Cain, the Mayor, and Carrie L. Land, the City Secretary, of the City of Anna, Texas on behalf of
said City.
JEOVANNA RUBIO (��o�taryy Public, State �offexas
(SEA f:°s•°Notary Public, State of Texas
q ..... � Comm. Expires 10-03-2026
Notary ID 133995676
S-1
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EXHIBIT A
Service and Assessment Plan
A-1
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Meadow Vista Public
Improvement District
SERVICE AND ASSESSMENT PLAN
J U LY 9, 2024
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TABLE OF CONTENTS
Tableof Contents..........................................................................................................................1
Introduction..................................................................................................................................3
SectionI: Definitions.....................................................................................................................4
SectionII: The District.................................................................................................................10
Section III: Authorized Improvements.........................................................................................10
SectionIV: Service Plan...............................................................................................................12
Section V: Assessment Plan.........................................................................................................13
Section VI: Terms of the Assessments.........................................................................................16
SectionVII: Assessment Roll.......................................................................................................22
Section VIII: Additional Provisions...............................................................................................22
Exhibits........................................................................................................................................
25
Appendices.................................................................................................................................25
Exhibit A-1— Map of the District.................................................................................................26
Exhibit A-2 — Map of Improvement Area #1 and Remainder Area..............................................27
Exhibit A-3 — Improvement Area #1 Lot Type Classification Map................................................28
ExhibitB — Project Costs..............................................................................................................29
ExhibitC — Service Plan...............................................................................................................30
Exhibit D — Sources and Uses of Funds........................................................................................31
Exhibit E — Maximum Assessment and Tax Rate Equivalent........................................................32
Exhibit F-1— Improvement Area #1 Assessment Roll..................................................................33
Exhibit F-2 — Improvement Area #1 Annual Installments............................................................34
Exhibit G-1— Maps of Major Improvements...............................................................................35
Exhibit G-2 — Maps of Improvement Area #1 Improvements......................................................37
Exhibit H — Notice of Termination of Assessment.......................................................................41
Exhibit I — Debt Service Schedule for Improvement Area #1 Bonds............................................44
Exhibit J-1— District Legal Description........................................................................................46
Exhibit J-2 — Improvement Area #1 Legal Description.................................................................49
Exhibit J-3 — Remainder Area Legal Description..........................................................................53
Appendix A— Engineer's Report..................................................................................................58
Appendix B — Buyer Disclosures..................................................................................................82
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Meadow Vista Public Improvement District — Improvement Area #1 Initial Parcel — Buyer
Disclosure.................................................................................................................................... 83
Meadow Vista Public Improvement District —Improvement Area #1 Lot Type 1— Buyer Disclosure
.................................................................................................................................................... 89
Meadow Vista Public Improvement District —Improvement Area #1 Lot Type 2 —Buyer Disclosure
.................................................................................................................................................... 95
[Remainder of page left intentionally blank.]
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT Z
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INTRODUCTION
Capitalized terms used in this Service and Assessment Plan shall have the meanings given to them
in Section I unless otherwise defined in this Service and Assessment Plan or unless the context in
which a term is used clearly requires a different meaning. Unless otherwise defined, a reference
to a "Section", "Exhibit", or an "Appendix" shall be a reference to a Section of this Service and
Assessment Plan or an Exhibit or Appendix attached to and made a part of this Service and
Assessment Plan for all purposes.
On September 26, 2023, the City Council passed and approved Resolution No. 2023-09-1558
authorizing the establishment of the District in accordance with the PID Act, which authorization
was effective upon the date the resolution was adopted in accordance with the provisions as
required by the PID Act. The purpose of the District is to finance the Actual Costs of Authorized
Improvements that confer a special benefit on approximately 223.154 acres located within the
corporate limits of the City, as described by the legal description on Exhibit J-1 and depicted on
Exhibit A-1.
The PID Act requires a Service Plan must (i) cover a period of at least five years; (ii) define the
annual indebtedness and projected cost of the Authorized Improvements; and (iii) include a copy
of the notice form required by Section 5.014 of the Texas Property Code, as amended. The Service
Plan is contained in Section IV and the notice form is attached as Appendix B.
The PID Act requires that the Service Plan include an Assessment Plan that assesses the Actual
Costs of the Authorized Improvements against the Assessed Property within the District based
on the special benefits conferred on such property by the Authorized Improvements. The
Assessment Plan is contained in Section V.
The PID Act requires an Assessment Roll that states the Assessment against each Parcel as
determined by the method chosen by the City Council. The Assessment against each Parcel of
Assessed Property must be sufficient to pay the share of the Actual Costs of the Authorized
Improvements apportioned to such Parcel and cannot exceed the special benefit conferred on
the Parcel by such Authorized Improvements. The Improvement Area #1 Assessment Roll is
included as Exhibit F-1.
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SECTION I: DEFINITIONS
"Actual Costs" mean with respect to Authorized Improvements, the actual costs of constructing
or acquiring such Authorized Improvements, paid by or on behalf of the Developer (either directly
or through affiliates), including: (1) the costs for the design, planning, financing,
administration/management, acquisition, installation, construction and/or implementation of
such Authorized Improvements; (2) the fees paid for obtaining permits, licenses, or other
governmental approvals for such Authorized Improvements; (3) the costs for external
professional costs, such as engineering, geotechnical, surveying, land planning, architectural
landscapers, appraisals, legal, accounting, and similar professional services; (4) all labor, bonds,
and materials, including equipment and fixtures, by contractors, builders, and materialmen in
connection with the acquisition, construction, or implementation of the Authorized
Improvements; (5) all related permitting and public approval expenses, architectural,
engineering, consulting fees, and governmental fees and charges and (6) costs to implement,
administer, and manage the above -described activities including, but not limited to, a
construction management fee equal to four percent (4%) of construction costs if managed by or
on behalf of the Developer.
"Additional Interest" means the amount collected by the application of the Additional Interest
Rate.
"Additional Interest Rate" means up to the 0.50% additional interest rate that may be charged
on Assessments securing PID Bonds pursuant to Section 372.018 of the PID Act.
"Administrator" means the City or independent firm designated by the City who shall have the
responsibilities provided in this Service and Assessment Plan, any Indenture, or any other
agreement or document approved by the City related to the duties and responsibilities of the
administration of the District. The initial Administrator is P3Works, LLC.
"Annual Collection Costs" mean the actual or budgeted costs and expenses related to the
operation of the District, including, but not limited to, costs and expenses for: (1) the
Administrator; (2) City staff; (3) legal counsel, engineers, accountants, financial advisors, and
other consultants engaged by the City; (4) calculating, collecting, and maintaining records with
respect to Assessments and Annual Installments; (5) preparing and maintaining records with
respect to Assessment Roll and Annual Service Plan Updates; (6) paying and redeeming PID
Bonds; (7) investing or depositing Assessments and Annual Installments; (8) complying with this
Service and Assessment Plan, the PID Act, and any Indenture, with respect to the PID Bonds,
including the City's continuing disclosure requirements; and (9) the paying agent/registrar and
Trustee in connection with PID Bonds, including their respective legal counsel. Annual Collection
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Costs collected but not expended in any year shall be carried forward and applied to reduce
Annual Collection Costs for subsequent years.
"Annual Installment" means the annual installment payment of an Assessment as calculated by
the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3)
Annual Collection Costs; and (4) Additional Interest related to the PID Bonds.
"Annual Service Plan Update" means an update to this Service and Assessment Plan prepared
no less frequently than annually by the Administrator and approved by the City Council.
"Assessed Property" means any Parcel within the District against which an Assessment is levied.
"Assessment" means an assessment levied against Assessed Property located within the District,
other than Non -Benefited Property, to pay the costs of certain Authorized Improvements as
specified herein, which Assessment is imposed pursuant to an Assessment Ordinance and the
provisions herein, as shown on an Assessment Roll, and is subject to reallocation upon the
subdivision of such Assessed Property or reduction according to the provisions herein and in the
PID Act.
"Assessment Ordinance" means an ordinance adopted by the City Council in accordance with
the PID Act that levies an Assessment on the Assessed Property, as shown on any Assessment
Roll.
"Assessment Plan" means the methodology employed to assess the Actual Costs of the
Authorized Improvements against the Assessed Property based on the special benefits conferred
on such property by the Authorized Improvements, more specifically set forth and described in
Section V.
"Assessment Roll" means any assessment roll for the Assessed Property, including the
Improvement Area #1 Assessment Roll, as updated, modified or amended from time to time in
accordance with the procedures set forth herein and in the PID Act, including updates prepared
in connection with any Annual Service Plan Update.
"Authorized Improvements" means (1) the improvements authorized by Section 372.003 of the
PID Act, as depicted on Exhibit G-1 and Exhibit G-2 and described in Sections III.A and 111111.13
including soft costs; (2) District Formation Costs; and (3) Bond Issuance Costs.
"Bond Issuance Costs" means the costs associated with issuing PID Bonds, including, but not
limited to, attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs,
publication costs, capitalized interest, reserve fund requirements, underwriter's discount, fees
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charged by the Texas Attorney General, and any other cost or expense incurred by the City
directly associated with the issuance of any series of PID Bonds.
"City" means the City of Anna, Texas.
"City Council" means the governing body of the City.
"County" means Collin County, Texas.
"Delinquent Collection Costs" mean costs related to the foreclosure on Assessed Property and
the costs of collection of delinquent Assessments, delinquent Annual Installments, or any other
delinquent amounts due under this Service and Assessment Plan including penalties and
reasonable attorney's fees actually paid, but excluding amounts representing interest and
penalty interest.
"Developer" means Bloomfield Homes, L.P., a Texas limited partnership, and any successors or
assignees thereof that intend to develop the property in the District for the ultimate purpose of
transferring title to end users.
"District" means Meadow Vista Public Improvement District containing approximately 223.154
acres located within the corporate limits of the City, and more specifically described in Exhibit J-
1 and depicted in Exhibit A-1.
"District Formation Costs" means the costs associated with forming the District, including, but
not limited to, attorney fees, and any other cost or expense incurred by the City directly
associated with the establishment of the District.
"Engineer's Report" means a report provided by a licensed professional engineer that identifies
the Authorized Improvements, including their costs, location, and benefit, and is attached hereto
as Appendix A.
"Estimated Buildout Value" means the estimated value of an Assessed Property, as applicable,
with fully constructed buildings, as provided by the Developer and confirmed by the City Council
by considering such factors as density, lot size, proximity to amenities, view premiums, location,
market conditions, historical sales, builder contracts, discussions with homebuilders, reports
from third party consultants, or any other factors that, in the judgment of the City, may impact
value. The Estimated Buildout Value for each Lot Type is shown on Exhibit E.
"Improvement Area #1" means approximately 71.042 acres located within the District, as more
specifically described in Exhibit J-2 and depicted on Exhibit A-2.
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"Improvement Area #1 Annual Installment" means the Annual Installment of the Improvement
Area #1 Assessment as calculated by the Administrator and approved by the City Council, that
includes: (1) principal; (2) interest; (3) Annual Collection Costs related to Improvement Area #1;
and (4) Additional Interest related to the Improvement Area #1 Bonds, as shown on Exhibit F-2.
"Improvement Area #1 Assessed Property" means any Parcel within Improvement Area #1
against which an Improvement Area #1 Assessment is levied.
"Improvement Area #1 Assessment" means an Assessment expected to be levied against
Improvement Area #1 Assessed Property to pay the Actual Costs of the Improvement Area #1
Authorized Improvements, which Improvement Area #1 Assessment is imposed pursuant to an
Assessment Ordinance and the provisions herein, as shown on the Improvement Area #1
Assessment Roll, and is subject to reallocation upon the subdivision of such Parcel or reduction
pursuant to the provisions set forth in Section VI herein and in the PID Act.
"Improvement Area #1 Assessment Roll" means the Assessment Roll for the Improvement Area
#1 Assessed Property, as updated, modified, or amended from time to time in accordance with
the procedures set forth herein and in the PID Act, including any updates prepared in connection
with the issuance of PID Bonds or any Annual Service Plan Updates. The Improvement Area #1
Assessment Roll is included in this Service and Assessment Plan as Exhibit F-1.
"Improvement Area #1 Authorized Improvements" means collectively, (1) the Improvement
Area #1 Improvements; (2) the first year's Annual Collection Costs related to the Improvement
Area #1 Bonds; and (3) Bond Issuance Costs associated with the issuance of Improvement Area
#1 Bonds.
"Improvement Area #1 Bonds" means those certain "City of Anna, Texas, Special Assessment
Revenue Bonds, Series 2024 (Meadow Vista Public Improvement District Improvement Area #1
Project)" that are secured by Improvement Area #1 Assessments.
"Improvement Area #1 Improvements" means the Authorized Improvements which only benefit
the Improvement Area #1 Assessed Property, as further described in Section 111.13 and depicted
on Exhibit G-2.
"Improvement Area #1 Initial Parcel" means all of the Improvement Area #1 Assessed Property
against which the entire Improvement Area #1 Assessment is levied, as shown on the
Improvement Area #1 Assessment Roll.
"Indenture" means an Indenture of Trust entered into between the City and the Trustee in
connection with the issuance of each series of PID Bonds, as amended or supplemented from
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time to time, between the City and the Trustee setting forth the terms and conditions related to
a series of PID Bonds.
"Lot" means (1) for any portion of the District for which a final subdivision plat has been recorded
in the Plat or Official Public Records of the County, a tract of land described by "lot" in such
subdivision plat; and (2) for any portion of the District for which a subdivision plat has not been
recorded in the Plat or Official Public Records of the County, a tract of land anticipated to be
described as a "lot" in a final recorded subdivision plat as shown on a concept plan or a
preliminary plat. A "Lot" shall not include real property owned by a government entity, even if
such property is designated as a separate described tract or lot on a recorded subdivision plat.
"Lot Type" means a classification of final building Lots with similar characteristics (e.g. lot size,
home product, Estimated Buildout Value, etc.), as determined by the Administrator and
confirmed by the City Council. In the case of single-family residential Lots, the Lot Type shall be
further defined by classifying the residential Lots by the Estimated Buildout Value of the Lot as
provided by the Developer, and confirmed by the City Council, as shown on Exhibit E.
"Lot Type 1" means a Lot within Improvement Area #1 marketed to homebuilders as a 50' Lot.
The buyer disclosure for Lot Type 1 is attached in Appendix B.
"Lot Type 2" means a Lot within Improvement Area #1 marketed to homebuilders as a 60' Lot.
The buyer disclosure for Lot Type 2 is attached in Appendix B.
"Major Improvements" means those Authorized Improvements that confer a special benefit to
all of the Assessed Property and Remainder Area within the District, as further described in
Section III.A and depicted on Exhibit G-1.
"Maximum Assessment" means, for each Lot, an Assessment equal to the lesser of (1) the
amount calculated pursuant to Section VI.A, or (2) for each Lot Type, the amount shown on
Exhibit E.
"Non -Assessed Property" means Parcels located outside the boundary of the District that accrue
special benefit from the Authorized Improvements as determined by the City Council but are not
assessed. The Developer has agreed to pay for the portion of the Actual Costs of the Authorized
Improvements that benefit the Non -Assessed Property in lieu of the City levying assessments
against such property.
"Non -Benefited Property" means Parcels within the boundaries of the District that accrue no
special benefit from the Authorized Improvements as determined by the City Council.
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"Notice of Assessment Termination" means a document that shall be recorded in the Official
Public Records of the County evidencing the termination of an Assessment, a form of which is
attached as Exhibit H.
"Parcel" or "Parcels" means a specific property within the District identified by either a tax parcel
identification number assigned by the Collin Central Appraisal District for real property tax
purposes, by legal description, or by lot and block number in a final subdivision plat recorded in
the Official Public Records of the County, or by any other means determined by the City.
"PID Act" means Chapter 372, Texas Local Government Code, as amended.
"PID Bonds" means any bonds issued by the City in one or more series and secured in whole or
in part by Assessments.
"Prepayment" means the payment of all or a portion of an Assessment before the due date of
the final Annual Installment thereof. Amounts received at the time of a Prepayment which
represent a payment of principal, interest, or penalties on a delinquent installment of an
Assessment are not to be considered a Prepayment, but rather are to be treated as the payment
of the regularly scheduled Annual Installment.
"Prepayment Costs" means interest, including Additional Interest and Annual Collection Costs,
to the date of Prepayment.
"Private Improvements" means improvements required to be constructed by the Developerthat
are not Authorized Improvements. Costs of Private Improvements will not be paid nor
reimbursed through Annual Installments.
"Remainder Area" means approximately 152.112 acres located within the District and entirely
outside of Improvement Area #1, as more specifically described on Exhibit J-3 and depicted on
Exhibit A-2, to be developed as one or more future improvement areas.
"Service and Assessment Plan" means this Meadow Vista Public Improvement District Service
and Assessment Plan as updated, amended, or supplemented from time to time.
"Service Plan" covers a period of at least five years and defines the annual indebtedness and
projected costs of the Authorized Improvements, more specifically described in Section IV.
"Trustee" means the trustee or successor trustee under an Indenture.
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SECTION II: THE DISTRICT
The District includes approximately 223.154 contiguous acres located within the corporate limits
of the City, the boundaries of which are more particularly described by the legal description on
Exhibit J-1 and depicted on Exhibit A-1. Development of the District is anticipated to include
approximately 764 Lots developed with single-family homes.
Improvement Area #1 includes approximately 71.042 contiguous acres, the boundaries of which
are more particularly described by legal description on Exhibit J-2 and depicted on Exhibit A-2.
Development of Improvement Area #1 is anticipated to include approximately 275 Lots
developed with single-family homes (190 single-family homes that are on Lots classified as Lot
Type 1 and 85 single-family homes that are on Lots classified as Lot Type 2).
The Remainder Area includes approximately 152.112 contiguous acres, the boundaries of which
are more particularly described by the legal description on Exhibit J-3 and depicted on Exhibit A-
2. Development of the Remainder Area is anticipated to include approximately 489 Lots
developed with single-family homes and 2 acres of mixed use.
SECTION III: AUTHORIZED IMPROVEMENTS
Based on information in the Engineer's Report provided by the Developer and its engineer and
reviewed by the City staff and by third -party consultants retained by the City, the City has
determined that the Authorized Improvements confer a special benefit on the Assessed Property
and Non -Assessed Property. Authorized Improvements will be designed and constructed in
accordance with the City's standards and specifications and will be owned and operated by the
City. The budget and allocation for the Authorized Improvements is shown on Exhibit B.
A. Improvement Area #1 Improvements
■ Sanitary Sewer System
Improvements including trench excavation and embedment, trench safety, PVC piping,
encasement, boring, manholes, sewer main connections, service connections, testing, related
earthwork, excavation, erosion control, platting, staking, and all necessary appurtenances
required to provide wastewater service to all Lots within Improvement Area #1.
■ Storm Sewer System
Improvements including earthen channels, swales, trench excavation and embedment, curb and
drop inlets, RCP & RCB piping and boxes, headwalls, manholes, rock rip rap, concrete outfalls,
storm drain connections, trench safety, and testing as well as all related earthwork, excavation,
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erosion control, traffic control, detention pond, encasement, platting, staking, and all necessary
appurtenances required to provide storm drainage for all Lots within Improvement Area #1.
■ Water Distribution System
Improvements including trench excavation and embedment, trench safety, PVC piping, water
main connections, water meters, service connections, testing, related earthwork, excavation,
erosion control, fire hydrants, platting, staking, steel encasement, and all necessary
appurtenances required to provide water service to all Lots within Improvement Area #1.
■ Paving/Roads/Streets
Improvements including subgrade stabilization, reinforced concrete for roadways, handicapped
ramps, sidewalks, pavement connections, headers, barricades, CBU pads, signs, striping, traffic
control, platting, staking, and streetlights. All related earthwork, excavation, clearing & grubbing,
tree removal, erosion control, intersections, signage, lighting, screening walls, and re -vegetation
of all disturbed areas within the right-of-way are included. The road improvements will provide
benefit to each Lot within Improvement Area #1.
■ Soft Costs
Costs related to designing, constructing, and installing the Improvement Area #1 improvements
including land planning and design, inspection fees, franchise fees, City fees, bonds, engineering,
soil testing, survey, construction management, contingency, legal fees, and consultants.
B. Major Improvements
■ Storm Sewer System
Improvements including trench excavation and embedment, RCB piping and boxes, headwalls,
handrails, rock rip rap, and trench safety as well as all related earthwork, excavation, erosion
control, platting, staking, and all necessary appurtenances required to provide storm drainage for
all Lots within the District.
■ Paving/Roads/Streets
Improvements including subgrade stabilization, reinforced concrete for roadways, handicapped
ramps, sidewalks, headers, barricades, signs, striping, and traffic control. All related earthwork,
excavation, clearing & grubbing, erosion control, intersections, signage, lighting, and re -
vegetation of all disturbed areas within the right-of-way are included. The road improvements
will provide benefit to each Lot within the District.
■ Soft Costs
Costs related to designing, constructing, and installing the Major Improvements including
inspection fees, City fees, bonds, engineering, soil testing, survey, construction management,
contingency, legal fees, and consultants.
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■ District Formation Costs
Costs associated with forming the District, including, but not limited to, attorney fees, and any
other cost or expense incurred by the City or the Developer directly associated with the
establishment of the District.
C. Bond Issuance Costs
■ Debt Service Reserve Fund
Equals the amount to be deposited in a debt service reserve fund under an applicable Indenture
in connection with the issuance of PID Bonds.
■ Capitalized Interest
Equals the amount required to be deposited fort he purpose of paying capitalized interest
under an applicable Indenture in connection with the issuance of PID Bonds.
■ Underwriter's Discount
Equals a percentage of the par amount of a particular series of PID Bonds related to the
costs of underwriting such PID Bonds, including the fees of the underwriter's counsel.
■ Cost of Issuance
Includes costs of issuing a particular series of PID Bonds, including but not limited to issuer
fees, attorney's fees, financial advisory fees, consultant fees, appraisal fees, printing
costs, publication costs, City's costs, fees charged by the Texas Attorney General, and any
other cost or expense directly associated with the issuance of PID Bonds.
D. Other Costs
■ Deposit to Administrative Fund
Equals the amount necessary to fund the first year's Annual Collection Costs for a
particular series of PID Bonds.
SECTION IV: SERVICE PLAN
The PID Act requires the Service Plan to cover a period of at least five years. The Service Plan is
required to define the annual projected costs and indebtedness for the Authorized
Improvements undertaken within the District during the five-year period. The Service Plan is also
required to include a copy of the buyer disclosure notice form required by Section 5.014 of the
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Texas Property Code, as amended. The Service Plan must be reviewed and updated in each
Annual Service Plan Update. Exhibit C summarizes the initial Service Plan for Improvement Area
#1. Per the PID Act and Section 5.014 of the Texas Property Code, as amended, this Service and
Assessment Plan, and any future Annual Service Plan Updates, shall include a form of the buyer
disclosure for the District. The buyer disclosures are attached hereto as Appendix B.
Exhibit D summarizes the sources and uses of funds required to construct the Authorized
Improvements and Private Improvements. The sources and uses of funds shown on Exhibit D
shall be updated in an Annual Service Plan Update.
SECTION V: ASSESSMENT PLAN
The PID Act allows the City Council to apportion the costs of the Authorized Improvements to the
Assessed Property based on the special benefit received from the Authorized Improvements. The
PID Act provides that such costs may be apportioned: (1) equally per front foot or square foot;
(2) according to the value of property as determined by the City Council, with or without regard
to improvements constructed on the property; or (3) in any other manner approved by the City
Council that results in imposing equal shares of such costs on property similarly benefited. The
PID Act further provides that the City Council may establish by ordinance or order reasonable
classifications and formulas for the apportionment of the cost between the City and the area to
be assessed and the methods of assessing the special benefits for various classes of
improvements.
This section of this Service and Assessment Plan describes the special benefit received by each
Parcel within the District as a result of the Authorized Improvements and provides the basis and
justification for the determination that this special benefit equals or exceeds the amount of the
Assessments to be levied on the Assessed Property for such Authorized Improvements.
The determination by the City Council of the Assessment methodologies set forth below is the
result of the discretionary exercise by the City Council of its legislative authority and
governmental powers and is conclusive and binding on the Developer and all future owners and
developers of the Assessed Property.
A. Assessment Methodology
Acting in its legislative capacity and based on information provided by the Developer and their
engineer and reviewed by the City staff and by third -party consultants retained by the City, the
City Council has determined that the costs related to the Authorized Improvements shall be
allocated and/or apportioned as follows:
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■ The costs of the Major Improvements allocated to the District shall be funded from other
sources such as impact fees and private funding.
■ The costs of the Improvement Area #1 Authorized Improvements shall be allocated to
each Parcel within Improvement Area #1 based on the ratio of the Estimated Buildout
Value of each Parcel designated as Improvement Area #1 Assessed Property to the
Estimated Buildout Value of all Improvement Area #1 Assessed Property. Currently, the
Improvement Area #1 Initial Parcel is the only Parcel within Improvement Area #1, and as
such, the Improvement Area #1 Initial Parcel is allocated 100% of the Improvement Area
#1 Authorized Improvements.
B. Assessments
The Improvement Area #1 Assessment will be levied on the Improvement Area #1 Initial Parcel
according to the Improvement Area #1 Assessment Roll attached hereto as Exhibit F-1. The
projected Improvement Area #1 Annual Installments are shown on Exhibit F-2 and are subject to
revisions made in any Annual Service Plan Update. Upon division or subdivision of the
Improvement Area #1 Initial Parcel, the Improvement Area #1 Assessment will be reallocated
pursuant to Section VI.
The Maximum Assessment for each Lot Type within the District is shown on Exhibit E. In no case
will the Assessment for Lots classified as Lot Type 1 or Lot Type 2, respectively, exceed the
corresponding Maximum Assessment for each Lot Type classification.
C. Findings of Special Benefit
Acting in its legislative capacity and based on information provided by the Developer and their
engineer and reviewed by the City staff and by third -party consultants retained by the City, the
City Council has found and determined the following:
■ Improvement Area #1
■ The Actual Costs of the Improvement Area #1 Authorized Improvements equal
$13,727,627 as shown on Exhibit B;
■ The Improvement Area #1 Assessed Property receives special benefit from the
Improvement Area #1 Authorized Improvements equal to or greater than the
Actual Cost of the Improvement Area #1 Authorized Improvements;
■ The Improvement Area #1 Initial Parcel will be allocated 100% of the Improvement
Area #1 Assessment levied for the Improvement Area #1 Authorized
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Improvements, which equals $12,806,000 as shown on the Improvement Area #1
Assessment Roll attached hereto as Exhibit F-1;
■ The special benefit ( >_ $13,727,627) received by the Improvement Area #1 Initial
Parcel from the Improvement Area #1 Authorized Improvements is equal to or
greater than the amount of the Improvement Area #1 Assessment ($12,806,000)
to be levied on the Improvement Area #1 Initial Parcel for the Improvement Area
#1 Authorized Improvements; and
■ It is anticipated, at the time the City Council approves this Service and Assessment
Plan, the Developer will own 100% of the Improvement Area #1 Initial Parcel. The
Developer will acknowledge that the Improvement Area #1 Authorized
Improvements confer a special benefit on the Improvement Area #1 Initial Parcel
and will consent to the imposition of the Improvement Area #1 Assessment to pay
for the Actual Costs associated therewith. The Developer will ratify, confirm,
accept, agree to, and approve: (1) the determinations and findings by the City
Council as to the special benefits described herein and the applicable Assessment
Ordinance; (2) this Service and Assessment Plan and the applicable Assessment
Ordinance; and (3) the levying of the Improvement Area #1 Assessment on the
Improvement Area #1 Initial Parcel.
D. Annual Collection Costs
The Annual Collection Costs shall be paid for annually by the owner of each Parcel pro rata based
on the ratio of the amount of outstanding Assessment remaining on the Parcel to the total
outstanding Assessment. The Annual Collection Costs shall be collected as part of and in the same
manner as Annual Installments in the amounts shown on the Assessment Roll, which may be
revised based on Actual Costs incurred in Annual Service Plan Updates.
E. Additional Interest
The interest rate on Assessments securing each respective series of PID Bonds may exceed the
interest rate on each respective series of PID Bonds by the Additional Interest Rate. To the extent
required by any Indenture, Additional Interest shall be collected as part of each Annual
Installment, beginning in 2025, related to a series of PID Bonds and shall be deposited pursuant
to the applicable Indenture.
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SECTION VI: TERMS OF THE ASSESSMENTS
Any reallocation of Assessments as described in this Section VI shall be considered an
administrative action of the City and will not be subject to the notice or public hearing
requirements under the PID Act.
A. Reallocation of Assessments
1. Upon Division Prior to Recording of Subdivision Plat
Upon the division of any Assessed Property (without the recording of a subdivision plat),
the Administrator shall reallocate the Assessment for the Assessed Property prior to the
division among the newly divided Assessed Properties according to the following formula:
A=Bx(C=D)
Where the terms have the following meanings:
A = the Assessment for the newly divided Assessed Property
B = the Assessment for the Assessed Property prior to division
C = the Estimated Buildout Value of the newly divided Assessed Property
D = the sum of the Estimated Buildout Value for all of the newly divided Assessed
Properties
The calculation of the Assessment of an Assessed Property shall be performed by the
Administrator and shall be based on the Estimated Buildout Value of that Assessed
Property relying on information from homebuilders, market studies, appraisals, Official
Public Records of the County, and any other relevant information regarding the Assessed
Property, as provided by the Developer. The Estimated Buildout Value for Lot Type 1, and
Lot Type 2 are shown on Exhibit E and will not change in future Annual Service Plan
Updates. The calculation as confirmed by the City Council shall be conclusive and binding.
The sum of the Assessments for all newly divided Assessed Properties shall equal the
Assessment for the Assessed Property prior to subdivision. The calculation shall be made
separately for each newly divided Assessed Property. The reallocation of an Assessment
for an Assessed Property that is a homestead under Texas law may not exceed the
Assessment prior to the reallocation. Any reallocation pursuant to this section shall be
reflected in the Annual Service Plan Update immediately following such reallocation.
2. Upon Subdivision by a Recorded Subdivision Plat
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Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the
Administrator shall reallocate the Assessment for the Assessed Property prior to the
subdivision among the new subdivided Lots based on Estimated Buildout Value according
to the following formula:
A = [B x (C _ D)]/E
Where the terms have the following meanings:
A = the Assessment for the newly subdivided Lot
B = the Assessment for the Parcel prior to subdivision
C = the sum of the Estimated Buildout Value of all newly subdivided Lots with the
same Lot Type
D = the sum of the Estimated Buildout Value for all of the newly subdivided Lots
excluding Non -Benefited Property
E= the number of newly subdivided Lots with the same Lot Type
Prior to the recording of a subdivision plat, the Developer shall provide the City an
Estimated Buildout Value as of the date of the recorded subdivision plat for each Lot
created by the recorded subdivision plat. The calculation of the Assessment for a Lot shall
be performed by the Administrator and confirmed by the City Council based on Estimated
Buildout Value information provided by the Developer, homebuilders, third party
consultants, and/or the Official Public Records of the County regarding the Lot. The
Estimated Buildout Value for Lot Type 1 and Lot Type 2 are shown on Exhibit E and will
not change in future Annual Service Plan Updates. The calculation as confirmed by the
City Council shall be conclusive and binding.
The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment
for the portion of the Assessed Property subdivided prior to subdivision. The calculation
shall be made separately for each newly subdivided Assessed Property. The reallocation
of an Assessment for an Assessed Property that is a homestead under Texas law may not
exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section
shall be reflected in the Annual Service Plan Update immediately following such
reallocation.
3. Upon Consolidation
If two or more Lots or Parcels are consolidated into a single Lot or Parcel, the
Administrator shall allocate the Assessments against the Lots or Parcels before the
consolidation to the consolidated Lot or Parcel, which allocation shall be approved by the
City Council in the next Annual Service Plan Update immediately following such
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consolidation. The Assessment for any resulting Lot may not exceed the Maximum
Assessment for the applicable Lot Type and compliance may require a mandatory
Prepayment of Assessments pursuant to Section VI.C.
B. Mandatory Prepayment of Assessments
If an Assessed Property or a portion thereof is conveyed to a party that is exempt from payment
of the Assessment under applicable law, or the owner causes a Lot, Parcel or portion thereof to
become Non -Benefited Property, the owner of such Lot, Parcel or portion thereof shall pay to
the City, or cause to be paid to the City, the full amount of the Assessment, plus all Prepayment
Costs and Delinquent Collection Costs for such Assessed Property, prior to any such conveyance
or act, and no such conveyance shall be effective until the City receives such payment. Following
payment of the foregoing costs in full, the City shall provide the owner with a recordable "Notice
of Assessment Termination," a form of which is attached hereto as Exhibit H.
C. True -Up of Assessments if Maximum Assessment Exceeded at Plat
Prior to the City approving a final subdivision plat, the Administrator will certify that such plat
will not result in the Assessment per Lot for any Lot Type to exceed the Maximum Assessment. If
the Administrator determines that the resulting Assessment per Lot for any Lot Type will exceed
the Maximum Assessment for that Lot Type, then (1) the Assessment applicable to each Lot Type
shall each be reduced to the Maximum Assessment, and (2) the person or entity filing the plat
shall pay to the City, or cause to be paid to the City, the amount the Assessment was reduced,
plus Prepayment Costs and Delinquent Collection Costs, if any, prior to the City approving the
final plat. The City's approval of a plat without payment of such amounts does not eliminate the
obligation of the person or entity filing the plat to pay such amounts. At no time shall the
aggregate Assessments for any Lot exceed the Maximum Assessment.
D. Reduction of Assessments
If as a result of cost savings or the failure to construct all or a portion of an Authorized
Improvement the Actual Costs of any Authorized Improvements are less than the Assessments,
then (i) in the event PID Bonds have not been issued for the purpose of financing Authorized
Improvements affected by such reduction in Actual Costs, the City Council shall reduce each
Assessment on a pro rata basis such that the sum of the resulting reduced Assessments for all
Assessed Property equals the reduced Actual Costs that were expended, or (ii) in the event that
a related series of PID Bonds have been issued for the purpose of financing Authorized
Improvements affected by such reduction in Actual Costs, the Trustee shall apply amounts on
deposit in the applicable account of the project fund created under the Indenture relating to such
series of PID Bonds that are not expected to be used for the purposes of the project fund as
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directed by the City pursuant to the terms of such Indenture. Such excess PID Bond proceeds
may be used for any purpose authorized by such Indenture. The Assessments shall never be
reduced to an amount less than the amount required to pay all outstanding debt service
requirements on all outstanding PID Bonds.
The Administrator shall update (and submit to the City Council for review and approval as part of
the next Annual Service Plan Update) the Assessment Roll and corresponding Annual Installments
to reflect the reduced Assessments.
E. Prepayment of Assessments
The owner of any Assessed Property may, at any time, pay all or any part of an Assessment in
accordance with the PID Act. Prepayment Costs, if any, may be paid from a reserve established
under the applicable Indenture. If an Annual Installment has been billed, or the Annual Service
Plan Update has been approved by the City Council prior to the Prepayment, the Annual
Installment shall be due and payable and shall be credited against the Prepayment.
If an Assessment on an Assessed Property is prepaid in full, with Prepayment Costs, (1) the
Administrator shall cause the Assessment to be reduced to zero on said Assessed Property and
the Assessment Roll to be revised accordingly; (2) the Administrator shall prepare the revised
Assessment Roll and submit such revised Assessment Roll to the City Council for review and
approval as part of the next Annual Service Plan Update; (3) the obligation to pay the Assessment
and corresponding Annual Installments shall terminate with respect to said Assessed Property;
and (4) the City shall provide the owner with a recordable "Notice of Assessment Termination."
If an Assessment on an Assessed Property is prepaid in part with Prepayment Costs: (1) the
Administrator shall cause the Assessment to be reduced on said Assessed Property and the
Assessment Roll revised accordingly; (2) the Administrator shall prepare the revised Assessment
Roll and submit such revised Assessment Roll to the City Council for review and approval as part
of the next Annual Service Plan Update; and (3) the obligation to pay the Assessment will be
reduced to the extent of the Prepayment made.
F. Payment of Assessment in Annual Installments
Assessments that are not paid in full shall be due and payable in Annual Installments. Exhibit F-2
shows the estimated Improvement Area #1 Annual Installments. Annual Installments are subject
to adjustment in each Annual Service Plan Update.
Prior to the recording of a final subdivision plat, if any Parcel shown on the Assessment Roll is
assigned multiple tax parcel identification numbers for billing and collection purposes, the Annual
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Installment shall be allocated pro rata based on the acreage of the property not including any
Non -Benefited Property, as shown by the Collin Central Appraisal District for each tax parcel
identification number.
The Administrator shall prepare and submit to the City Council for its review and approval an
Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each
Annual Service Plan Update shall include an updated Assessment Roll and updated calculations
of Annual Installments. The Annual Collection Costs for a given Assessment shall be paid by the
owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment
remaining on the Parcel to the total outstanding Assessment. Annual Installments shall be
reduced by any credits applied under an applicable Indenture, such as capitalized interest,
interest earnings on account balances, and any other funds available to the Trustee for such
purposes. Annual Installments shall be collected by the City in the same manner and at the same
time as ad valorem taxes. Annual Installments shall be subject to the penalties, procedures, and
foreclosure sale in case of delinquencies as set forth in the PID Act and in the same manner as ad
valorem taxes due and owing to the City. The City Council may provide for other means of
collecting Annual Installments. Assessments shall have the lien priority specified in the PID Act.
Sales of the Assessed Property for nonpayment of Annual Installments shall be subject to the lien
for the remaining unpaid Annual Installments against the Assessed Property, and the Assessed
Property may again be sold at a judicial foreclosure sale if the purchaser fails to timely pay any of
the remaining unpaid Annual Installments as they become due and payable.
The City reserves the right to refund PID Bonds in accordance with applicable law, including the
PID Act. In the event of a refunding, the Administrator shall recalculate the Annual Installments
so that total Annual Installments will be sufficient to pay the refunding bonds, and the refunding
bonds shall constitute "PID Bonds."
Each Annual Installment of an Assessment, including interest on the unpaid principal of the
Assessment, shall be updated annually. Each Annual Installment shall be due when billed and
shall be delinquent if not paid prior to February 1 of the following year. The initial Annual
Installments of the Improvement Area #1 Assessments shall be due when billed and shall be
delinquent if not paid prior to February 1, 2026.
Failure of an owner of an Assessed Property to receive an invoice for an Annual Installment on
the property tax bill shall not relieve said owner of the responsibility for payment of the
Assessment. Assessments, or Annual Installments thereof, that are delinquent shall incur
Delinquent Collection Costs. The City may provide for other means of collecting the Annual
Installments to the extent permitted by the PID Act, or other applicable law.
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G. Prepayment as a Result of an Eminent Domain Proceeding or Taking
Subject to applicable law, ifany portion of any Parcel of Assessed Property is taken from an owner
as a result of eminent domain proceedings or if a transfer of any portion of any Parcel of Assessed
Property is made to an entity with the authority to condemn all or a portion of the Assessed
Property in lieu of or as a part of an eminent domain proceeding (a "Taking"), the portion of the
Assessed Property that was taken or transferred (the "Taken Property") shall be reclassified as
Non -Benefited Property.
For the Assessed Property that is subject to the Taking as described in the preceding paragraph,
the Assessment that was levied against the Assessed Property (when it was included in the Taken
Property) prior to the Taking shall remain in force against the remaining Assessed Property (the
Assessed Property less the Taken Property) (the "Retained Property"), following the
reclassification of the Taken Property as Non -Benefited Property, subject to an adjustment of the
Assessment applicable to the Retained Property after any required Prepayment as set forth
below. The owner of the Retained Property will remain liable to pay in Annual Installments, or
payable as otherwise provided by this Service and Assessment Plan, as updated, or the PID Act,
the Assessment that remains due on the Retained Property, subject to an adjustment in the
Assessment applicable to the Retained Property after any required Prepayment as set forth
below. Notwithstanding the foregoing, if the Assessment that remains due on the Retained
Property exceeds the applicable Maximum Assessment, the owner of the Retained Property will
be required to make a Prepayment in an amount necessary to ensure that the Assessment against
the Retained Property does not exceed such Maximum Assessment, in which case the
Assessment applicable to the Retained Property will be reduced by the amount of the partial
Prepayment. If the City receives all or a portion of the eminent domain proceeds (or payment
made in an agreed sale in lieu of condemnation), such amount shall be credited against the
amount of prepayment, with any remainder credited against the Assessment on the remaining
property.
In all instances the Assessment remaining on the Retained Property shall not exceed the
applicable Maximum Assessment.
By way of illustration, if an owner owns 100 acres of Assessed Property subject to a $100
Assessment and 10 acres is taken through a Taking, the 10 acres of Taken Property shall be
reclassified as Non -Benefited Property and the remaining 90 acres of Retained Property shall be
subject to the $100 Assessment (provided that this $100 Assessment does not exceed the
Maximum Assessment on the Retained Property). If the Administrator determines that the $100
Assessment reallocated to the Retained Property would exceed the Maximum Assessment, as
applicable, on the Retained Property by $10, then the owner shall be required to pay $10 as a
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Prepayment of the Assessment against the Retained Property and the Assessment on the
Retained Property shall be adjusted to be $90.
Notwithstanding the previous paragraphs in this subsection, if the owner of the Retained
Property notifies the City and the Administrator that the Taking prevents the Retained Property
from being developed for any use which could support the Estimated Buildout Value
requirement, the owner shall, upon receipt of the compensation for the Taken Property, be
required to prepay the amount of the Assessment required to buy down the outstanding
Assessment to the applicable Maximum Assessment on the Retained Property to support the
Estimated Buildout Value requirement. Said owner will remain liable to pay the Annual
Installments on both the Taken Property and the Retained Property until such time that such
Assessment has been prepaid in full.
Notwithstanding the previous paragraphs in this subsection, the Assessments shall never be
reduced to an amount less than the amount required to pay all outstanding debt service
requirements on all outstanding PID Bonds.
SECTION VII: ASSESSMENT ROLL
The Improvement Area #1 Assessment Roll is attached as Exhibit F-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the
Improvement Area #1 Assessment Roll and Improvement Area #1 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
SECTION VIII: ADDITIONAL PROVISIONS
A. Calculation Errors
If the owner of a Parcel claims that an error has been made in any calculation required by this
Service and Assessment Plan, including, but not limited to, any calculation made as part of any
Annual Service Plan Update, the owner's sole and exclusive remedy shall be to submit a written
notice of error to the Administrator by December 15t of the year following City Council's approval
of the calculation. Otherwise, the owner shall be deemed to have unconditionally approved and
accepted the calculation. The Administrator shall provide a written response to the City Council
and the owner not later than 30 days of such receipt of a written notice of error by the
Administrator. The City Council shall consider the owner's notice of error and the Administrator's
response at a public meeting, and, not later than 30 days after closing such meeting, the City
Council shall make a final determination as to whether an error has been made. If the City Council
determines that an error has been made, the City Council shall take such corrective action as is
authorized by the PID Act, this Service and Assessment Plan, the applicable Assessment
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Ordinance, the applicable Indenture, or as otherwise authorized by the discretionary power of
the City Council. The determination by the City Council as to whether an error has been made,
and any corrective action taken by the City Council, shall be final and binding on the owner and
the Administrator.
B. Amendments
Amendments to this Service and Assessment Plan must be made by the City Council in
accordance with the PID Act. To the extent permitted by the PID Act, this Service and Assessment
Plan may be amended without notice to owners of the Assessed Property: (1) to correct mistakes
and clerical errors; (2) to clarify ambiguities; and (3) to provide procedures to collect
Assessments, Annual Installments, and other charges imposed by this Service and Assessment
Plan.
C. Administration and Interpretation
The Administrator shall: (1) perform the obligations of the Administrator as set forth in this
Service and Assessment Plan; (2) administer the District for and on behalf of and at the direction
of the City Council; and (3) interpret the provisions of this Service and Assessment Plan.
Interpretations of this Service and Assessment Plan by the Administrator shall be in writing and
shall be appealable to the City Council by owners of Assessed Property adversely affected by the
interpretation. Appeals shall be decided by the City Council after holding a public meeting at
which all interested parties have an opportunity to be heard. Decisions by the City Council shall
be final and binding on the owners of Assessed Property and developers and their successors and
assigns.
D. Form of Buyer Disclosure; Filing Requirements
Per Section 5.014 of the Texas Property Code, as amended, this Service and Assessment Plan, and
any future Annual Service Plan Updates, shall include a form of the buyer disclosures for the
district. The buyer disclosures are attached hereto as Appendix B. Within seven days of approval
by the City Council, the City shall file and record in the real property records of the County the
executed ordinance approving this Service and Assessment Plan, or any future Annual Service
Plan Updates. The executed ordinance, including any attachments, approving this Service an
Assessment Plan or any future Annual Service Plan Updates shall be filed and recorded in their
entirety.
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E. Severability
If any provision of this Service and Assessment Plan is determined by a governmental agency or
court to be unenforceable, the unenforceable provision shall be deleted and, to the maximum
extent possible, shall be rewritten to be enforceable. Every effort shall be made to enforce the
remaining provisions.
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EXHIBITS
The following Exhibits are attached to and made a part of this Service and Assessment Plan for
all purposes:
Exhibit A-1
Map of the District
Exhibit A-2
Map of Improvement Area #1 and Remainder Area
Exhibit A-3
Improvement Area #1 Lot Type Classification Map
Exhibit B
Project Costs
Exhibit C
Service Plan
Exhibit D
Sources and Uses of Funds
Exhibit E
Maximum Assessment and Tax Rate Equivalent
Exhibit F-1
Improvement Area #1 Assessment Roll
Exhibit F-2
Improvement Area #1 Annual Installments
Exhibit G-1
Maps of Major Improvements
Exhibit G-2
Maps of Improvement Area #1 Improvements
Exhibit H
Notice of Termination of Assessment
Exhibit I
Debt Service Schedule for Improvement Area #1 Bonds
Exhibit J-1
District Legal Description
Exhibit J-2
Improvement Area #1 Legal Description
Exhibit J-3
Remainder Area Legal Description
APPENDICES
The following Appendices are attached to and made a part of this Service and Assessment Plan
for all purposes:
Appendix A Engineer's Report
Appendix B Buyer Disclosure
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EXHIBIT A-1— MAP OF THE DISTRICT
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EXHIBIT A-2 - MAP OF IMPROVEMENT AREA #1 AND REMAINDER AREA
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MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 27
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0 2p soo
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Improvement Area ##1 Improvements
Sanitary Sewer System
Storm Sewer System
Water Distribution System
Paving/Roads/Streets
Soft Costs[d]
Major Improvements"]
Storm Sewer System
Paving/Roads/Streets
Soft Costs[d]
Private Improvements Ifl
Private Improvements
Bond Issuance Costs & District Formation Costs
Debt Service Reserve Fund
Capitalized Interest
Underwriter's Discount
Cost of Issuance
Other Costs
Deposit to Administrative Fund
Total
Footnotes:
EXHIBIT B - PROJECT COSTS
$ 1,358,015
$
$
1,999,353
1,353,005
3,292,096
15,960
2,891,715
1,596
$ 10,894,183
$
17,556
$
$ 790,331
$
52,952
$
737,379
1,878,322
125,848
1,752,474
1385,115
25,803
359,313
$ 3,053,768
$
204,602
$
2,849,166
$ 1,358,015 100.00% $ 1,358,015
1,999,353
100.00%
1,999,353
1,353,005
100.00%
1,353,005
3,276,136
100.00%
3,276,136
2,890,119
100.00%
2,890,119
$ 10,876,627
$ 10,876,627
$ -
0.00%
$ -
0.00
0.00
$ 6,823,622
$ 6,823,622
$
$
$ 6,823,622
$ 6,823,622
$
$
-
$ 931,658
$ -
$
$
931,658
802,637
802,637
384,180
384,180
1692,526
1692,526
$ 2,811,000
$
$
$
2,811,000
$ 40,000
$
$
$
40,000
$ 40,000
$
$
$
40,000
$ 23,622,573
$ 7,045,780
$ 2,949,166
$
13,727,627
$ 931,658
802,637
384,180
1692,526
$ 2,811,000
$ 40,000
$ 40,000
$ 13,727,627
[a] Costs based on Engineer's Report dated 5/31/2024.
[b] Non -reimbursable to Developer from Assessments or PID Bonds.
[c] Per the Engineer's Report, 93.30% of Major Improvements are eligible to be funded via Impact Fees. The remaining 6.70% shall be PID eligible.
[d] Soft Costs include erosion control, bonds and phasing, development fees, and contingency.
[e] Major Improvements funded from other sources relate to property in the PID that may be developed as residential, commercial, or open space and is
not being allocated Major Improvement costs.
[f] Private Improvements include excavation, retaining walls, landscaping, franchise fees, development fees, and contingency.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 29
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 40 of 111
EXHIBIT C -SERVICE PLAN
Principal
Interest
Capitalized Interest
(1)
Additional Interest (2)
Annual Collection Costs (3)
Total Annual Installment (4) = (1) + (2) + (3)
$ - $ 189,000.00 $ 198,000.00 $ 208,000.00 $ 218,000.00
802,636.88 713,455.00 704,241.26 694,588.76 684,448.76
(802,636.88) - - - -
$ - $ 902,455.00 $ 902,241.26 $ 902,588.76 $ 902,448.76
$ 64,030.00
$ 64,030.00
$ 63,085.00
$ 62,095.00
$ 61,055.00
$ 40,000.00
$ 40,800.00
$ 41,616.00
$ 42,448.32
$ 43,297.29
$ 104,030.00
$ 1,007,285.00
$ 1,006,942.26
$ 1,007,132.08
$ 1,006,801.05
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 30
SERVICE AND ASSESSMENT PLAN
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EXHIBIT D - SOURCES AND USES OF FUNDS
Improvement Area #1 Bonds
$
$
$
12,806,000
$
12,806,000
Developer Contribution -Improvement Area #1[a]
921,627
921,627
Developer Contribution - Major Improvements[6l
204,602
2,849,166
-
3,053,768
Developer Contribution -Private Improvements [a]
6,841,178
-
6,841,178
Total Sources
$
7,045,780
$
2,849,166
$
13,727,627
$ 23,622,573
Improvement Area #1 Improvements
Uses of Funds
$
17,556
$
-
$
10,876,627
$
10,894,183
Major Improvements
204,602
2,849,166
-
3,053,768
Private Improvements
6,823,622
-
-
6,823,622
$
7,045,780
$
2,849,166
$
10,876,627
$
20,771,573
Bond Issuance Costs & District Formation Expenses
Debt Service Reserve Fund
Capitalized Interest
Underwriter's Discount
Cost of Issuance
Other Costs
Deposit to Administrative Fund
Total Uses
$ $ $ 931,658 $ 931,658
802,637 802,637
384,180 384,180
692,526 692,526
$ $ $ 2,811,000 $ 2,811,000
$ - $ $ 40,000 $ 40,000
$ - $ $ 40,000 $ 40,000
$ 7,045,780 $ 2,849,166 $ 13,727,627 $ 23,622,573
Footnotes:
[a] Non -reimbursable to Developer from Assessments or PID Bonds.
[b] A portion of the Major Improvements are reimbursable to the Developer from Impact Fees.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT
SERVICE AND ASSESSMENT PLAN
31
2024 - 2024000085672 07/1612024 02:44 PM Page 42 of 111
EXHIBIT E - MAXIMUM ASSESSMENT AND TAX RATE EQUIVALENT
Footnotes:
[a] Per information provided by the Developer.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 32
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 43 of 111
EXHIBIT F-1- IMPROVEMENT AREA #1 ASSESSMENT ROLL
Footnotes:
[a] The entire Improvement Area #1 is contained within Property ID 2120875. For billing
purposes, the Annual Installment due 1/31/2025 shall be allocated pro rata based on acreage.
[b] Includes one year of Capitalized Interest.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 33
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 44 of 111
EXHIBIT F-2 - IMPROVEMENT AREA #1 ANNUAL INSTALLMENTS
2025
$
-
$
802,636.88
$
64,030.00
$ (802,636.88)
$
$ 40,000.00
$ 104,030.00
2026
$
189,000.00
$
713,455.00
$
64,030.00
$
$
$ 40,800.00
$ 1,007,285.00
2027
$
198,000.00
$
704,241.26
$
63,085.00
$
$
$ 41,616.00
$ 1,006,942.26
2028
$
208,000.00
$
694,588.76
$
62,095.00
$
$
$ 42,448.32
$ 1,007,132.08
2029
$
218,000.00
$
684,448.76
$
61,055.00
$
$
$ 43,297.29
$ 1,006,801.05
2030
$
229,000.00
$
673,821.26
$
59,965.00
$
$
$ 44,163.24
$ 1,006,949.50
2031
$
240,000.00
$
662,657.50
$
58,820.00
$
$
$ 45,046.50
$ 1,006,524.00
2032
$
252,000.00
$
650,957.50
$
57,620.00
$
$
$ 45,947.43
$ 1,006,524.93
2033
$
267,000.00
$
637,097.50
$
56,360.00
$
$
$ 46,866.38
$ 1,007,323.88
2034
$
282,000.00
$
622,412.50
$
55,025.00
$
$
$ 47,803.71
$ 1,007,241.21
2035
$
298,000.00
$
606,902.50
$
53,615.00
$
$
$ 48,759.78
$ 1,007,277.28
2036
$
314,000.00
$
590,512.50
$
52,125.00
$
$
$ 49,734.98
$ 1,006,372.48
2037
$
332,000.00
$
573,242.50
$
50,555.00
$
$
$ 50,729.68
$ 1,006,527.18
2038
$
351,000.00
$
554,982.50
$
48,895.00
$
$
$ 51,744.27
$ 1,006,621.77
2039
$
371,000.00
$
535,677.50
$
47,140.00
$
$
$ 52,779.16
$ 1,006,596.66
2040
$
393,000.00
$
515,272.50
$
45,285.00
$
$
$ 53,834.74
$ 1,007,392.24
2041
$
415,000.00
$
493,657.50
$
43,320.00
$
$
$ 54,911.43
$ 1,006,888.93
2042
$
439,000.00
$
470,832.50
$
41,245.00
$
$
$ 56,009.66
$ 1,007,087.16
2043
$
464,000.00
$
446,687.50
$
39,050.00
$
$
$ 57,129.85
$ 1,006,867.35
2044
$
491,000.00
$
421,167.50
$
36,730.00
$
$
$ 58,272.45
$ 1,007,169.95
2045
$
519,000.00
$
394,162.50
$
34,275.00
$
$
$ 59,437.90
$ 1,006,875.40
2046
$
550,000.00
$
364,320.00
$
31,680.00
$
$
$ 60,626.66
$ 1,006,626.66
2047
$
583,000.00
$
332,695.00
$
28,930.00
$
$
$ 61,839.19
$ 1,006,464.19
2048
$
619,000.00
$
299,172.50
$
26,015.00
$
$
$ 63,075.97
$ 1,007,263.47
2049
$
656,000.00
$
263,580.00
$
22,920.00
$
$
$ 64,337.49
$ 1,006,837.49
2050
$
696,000.00
$
225,860.00
$
19,640.00
$
$
$ 65,624.24
$ 1,007,124.24
2051
$
738,000.00
$
185,840.00
$
16,160.00
$
$
$ 66,936.72
$ 1,006,936.72
2052
$
783,000.00
$
143,405.00
$
12,470.00
$
$
$ 68,275.45
$ 1,007,150.45
2053
$
830,000.00
$
98,382.50
$
8,555.00
$
$
$ 69,640.96
$ 1,006,578.46
2054
$
881,000.00
$
50,657.50
$
4,405.00
$
$ (931,657.50)
$ 71,033.78
$ 75,438.78
Total
$ 12,806,000.00
$ 14,413,326.92
$ 1,265,095.00
$ (802,636.88)
$ (931,657.50)
$ 1,622,723.23
$ 28,372,850.77
Footnotes:
[a] Interest on the Improvement Area #1 Bonds is calculated at a 4.875%, 5.50%, 5.75% rate for term bonds due 2031, 2044, and 2054
respectively.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs,
reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 34
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 45 of 111
EXHIBIT G-1- MAPS OF MAJOR IMPROVEMENTS
,O
1►
FEET ��111111111111Hill 11111111LEGEND
� I
�IIIIIIIIIIIIIII�'� ,.
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,,� �, IIIIIII� 111111111111111\
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�� MI/11111111 11111111111111111
��,I,�I ,������111111� 11111111111111111= 1
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��I��I�� �/�/111111111111111111111
EXISTING
HACKBERRY
DRIVE
HACKBEAR
DRIVE
rj ���I�j���l/1111111111111111111111111 '
'BERRY DRIVE 7
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���111111111111111�//�/
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MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 35
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 46 of 111
0 2S0 500
- FEET
EXISTING
HACKRERRY
DRIVE
R9
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MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 36
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 47 of 111
EXHIBIT G-2 - MAPS OF IMPROVEMENT AREA #1 IMPROVEMENTS
1 2SO 500
FEET
i►
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IIIIIIIIIIIIIIII���,�� = .
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SANITARY SEWER
PHASE2 NAB, IMPROVEMENT AREA #1
uoie. JUNE 2024
VISiA
I. AI REICBf'lµ L��.fALl B':'_:'v'CEC B''S'SA•.f A.:SV�: Pi�E LJA lIgInBMny� I
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MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 37
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 48 of 111
0 250 500
" FEET - Fr�
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MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 38
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 49 of 111
0 250 SOO
FEET
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MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 39
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 50 of 111
0 250 500
FEET
0��Iri������������� Iif� ..
'JUNE 2024
MEADOW VISTA
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 40
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/16/2024 02:44 PM Page 51 of 111
EXHIBIT H — NOTICE OF TERMINATION OF ASSESSMENT
P3Works, LLC
9284 Huntington Square, Suite 100
North Richland Hills, TX 76182
[Date]
Collin County Clerk's Office
Honorable [County Clerk Name]
Collin County Courts Building
2300 Bloomdale Rd, Suite 2106
McKinney, TX 75071
Re: City of Anna Lien Release Documents for Filing
Dear Ms./Mr. [County Clerk Name],
Enclosed is a lien release that the City of Anna is requesting to be filed in your office. Lien release
for [insert legal description]. Recording Numbers: [Plat]. Please forward copies of the filed
documents below:
City of Anna
Attn: [City Secretary]
120 W 71h Street
Anna, TX 75409
Please contact me if you have any questions or need additional information.
Sincerely,
[Signature]
P3Works, LLC
P: (817) 393-0353
admingp3-works.com
www.P3-Works.com
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 41
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/16/2024 02:44 PM Page 52 of 111
AFTER RECORDING RETURN TO:
[City Secretary Name]
120 W 711 Street
Anna, TX 75049
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU
MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.
FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN
STATE OF TEXAS §
KNOW ALL MEN BY THESE PRESENTS: §
COUNTY OF COLLIN §
THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full
Release") is executed and delivered as of the Effective Date by the City of Anna, Texas.
RECITALS
WHEREAS, the governing body (hereinafter referred to as the "City Council") of the City
of Anna, Texas (hereinafter referred to as the "City"), is authorized by Chapter 372, Texas Local
Government Code, as amended (hereinafter referred to as the "Act"), to create public improvement
districts within the corporate limits of the City; and
WHEREAS, on September 26, 2023, the City Council for the City, approved Resolution
No. 2023-09-1558, creating the Meadow Vista Public Improvement District (the "District"); and
WHEREAS, the District consists of approximately 223.154 contiguous acres within the
corporate limits of the City; and
WHEREAS, on or about , 2024, the City Council approved Ordinance No.
, (hereinafter referred to as the "Assessment Ordinance") approving a service and
assessment plan and assessment roll for the Property within the District; and
WHEREAS, the Assessment Ordinance imposed an assessment in the amount of [amount]
(hereinafter referred to as the "Lien Amount") for the following property:
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 42
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/16/2024 02:44 PM Page 53 of 111
[legal description], a subdivision in Collin County, Texas, according to the map or plat of record
in Document/Instrument No. of the Plat Records of Collin County, Texas (hereinafter
referred to as the "Property"); and
WHEREAS, the Lien Amount has been paid in full.
RELEASE
NOW THEREFORE, the City, the Developer and holder of the Lien, Instrument No. ,
in the Real Property Records of Collin County, Texas, in the amount of the Lien Amount against
the Property releases and discharges, and by these presents does hereby release and discharge, the
above -described Property from said lien held by the undersigned securing said indebtedness.
EXECUTED to be EFFECTIVE this the day of , 20.
CITY OF ANNA, TEXAS,
By:
[Manager Name], City Manager
ATTEST:
[Secretary Name], City Secretary
STATE OF TEXAS §
COUNTY OF COLLIN §
This instrument was acknowledged before me on the day of , 209 by
[Manager Name], City Manager for the City of Anna, Texas, on behalf of said municipality.
Notary Public, State of Texas
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 43
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 54 of 111
EXHIBIT I - DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #1 BONDS
NET DEBT SERVICE
City of Anna, Texas
Special Assessment Revenue Bonds, Series 2024
Meadow Vista Public Improvement District
Improvement Area #1 Project
Callable on 9/15/2032
Underwriter: FMSbonds, Inc.
'*"FINAL NUMBERS'
Period
Ending
Principal
Coupon
Interest
Total
Debt Service
Additional
Interest
Levy
Debt Service
Admin Reserve Fund
Capitalized Net
Interest Fund Debt Service
09/30/202S
802,636.98
802,636.98
64,030
40,000.00
802,636.98 104,030.00
09/30/2026
189,000
4.875%
713,455.00
902,455.00
64,030
40,800.00
1,007,285.00
09/30/2027
198,000
4.875%
704,241.26
902,241.26
63,085
41,616.00
1,006,942.26
09/30/2028
208,000
4.875%
694,588.76
902,588.76
62,095
42,448.32
1,007,132.08
09/30/2029
218,000
4.875%
684,448.76
902,448.76
61,055
43,297.29
1,006,801.05
09/30/2030
229,000
4.875%
673,821.26
902,821.26
59,965
44,163.24
1,006,949.50
09/30/2031
240,000
4.875%
662,657.50
902,6S7.S0
58,820
4S,046.S0
1,006,S24.00
09/30/2032
252,000
5.5005%
650,957.50
902,957.50
57,620
45,947.43
1,006,524.93
09/30/2033
267,000
5.5001A
637,097.50
904,097.50
56,360
46,866.38
1,007,323.88
09/30/2034
282,000
5.500%
622,412.50
904,412.S0
55,025
47,803.71
1,007,241.21
09/30/203S
299,000
5.500°/6
606,902.50
904,902.50
53,615
48,759.78
1,007,277.28
09/30/2036
314,000
5.5001A
590,512.50
904,512.50
52,125
49,734.98
1,006,372.48
09/30/2037
332,000
5.5001A
573,242.50
90S,242.50
50,555
50,729.68
1,006,527.18
09/30/2038
3S1,000
5.500°/6
554,982.50
905,982.50
48,895
51,744.27
1,006,621.77
09/30/2039
371,000
5.5001A
535,677.50
906,677.50
47,140
52,779.16
1,006,596.66
09/30/2040
393,000
5.500%
515,272.50
908,272.50
4S,285
53,834.74
1,007,392.24
09/30/2041
415,000
5.500°/6
493,657.50
908,6S7.50
43,320
54,911.43
1,006,888.93
09/30/2042
439,000
5.500°/6
470,832.50
909,832.50
41,245
56,009.66
1,007,087.16
09/30/2043
464,000
5.5001A
446,687.50
910,687.50
39,050
57,129.85
1,006,867.35
09/30/2044
491,000
5.500°/6
421,167.50
912,167.50
36,730
58,272.45
1,007,169.9E
09/30/2045
519,000
5.7505/6
394,162.50
913,162.50
34,275
59,437.90
1,006,875.40
09/30/2046
550,000
5.750%
364,320.00
914,320.00
31,680
60,626.66
1,006,626.66
09/30/2047
583,000
5.750%
332,695.00
915,69S.00
28,930
61,839.19
1,006,464.19
09/30/2048
619,000
5.750%
299,172.50
918,172.50
26,015
63,075.97
1,007,263.47
09/30/2049
656,000
5.750%
263,580.00
919,580.00
22,920
64,337.49
1,006,837.49
09/30/20SO
696,000
5.750%
225,960.00
921,860.00
19,640
65,624.24
1,007,124.24
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 44
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/1612024 02:44 PM Page 55 or 111
Period
Ending Principal Coupon
NET DEBT SERVICE
City of Anna, Texas
Special Assessment Revenue Bonds, Series 2024
Meadow Vista Public Improvement District
Improvement Area #1 Project
Callable on 9/15/2032
Underwriter: FMSbonds, Inc.
***FINAL NUMBERS***
Additional
Total Interest
Interest Debt Service Levy
Debt Service Capitalized Net
Admin Reserve Fund Interest Fund Debt Service
09/30/2051
738,000
5.750%
185,940.00
923,840.00
16,160
66,936.72
1,006,936.72
09/30/2052
783,000
5.7509r6
143,405.00
926,405.00
12,470
68,275.45
1,007,150.45
09/30/2053
830,000
5.7509r6
98,382.50
928,382.50
8,555
69,640.96
1,006,578.46
09/30/2054
881,000
5.750%
50,657.50
931,657.50
4,405
71,033.78
931,657.50 75,438,78
12,806,000
14,413,326.92
27,219,326.92
1,265,095
1,622,723.23
931,657.50 802,636.88 28,372,850.77
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 45
SERVICE AND ASSESSMENT PLAN
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EXHIBIT J-1- DISTRICT LEGAL DESCRIPTION
Legal Description
BEING A223.154 ACRE TRACT OF LAND SITUATED IN THE FRANCIS T_ DUFFAU SURVEY,
ABSTRACT NO. 288 AND THE JOHN ELLET SURVEY, ABSTRACT NO. 296, CITY OF ANNA
E.T_J., COLLIN COUNTY, TEXAS, AND BEING ALL OF A CALLED 162.12 ACRE TRACT AND
PART OF A 64.50 ACRE TRACT OF LAND CONVEYED TO QJR PARTNERSHIP, LTD. BY
DEED RECORDED IN VOLUME 5106, PAGE 2380, OFFICIAL PUBLIC RECORDS, COLLIN
COUNTY, TEXAS AND SAID 162.12 ACRE AND 64.50 ACRE TRACT BEING DESCRIBED IN
DEED TO LORRAINE SHERLEY, AS RECORDED IN VOLUME 784, PAGE 34, DEED
RECORDS, C OLLIN COUNTY, TEXAS. BEING ALL OF A CALLED 80 ACRE TRACT OF LAND
CONVEYED AS IF RST TRACT, PART OF A CALLED 64.5 ACRE TRACT OF LAND CONVEYED
AS SECOND TRACT, ALL OF A CALLED 40.36 ACRE TRACT OF LAND CONVEYED AS THIRD
TRACT, ALL OF A CALLED 10 ACRE TRACT OF LAND CONVENED AS FOURTH TRACT, ALL
OF A CALLED 10 ACRE TRACT OF LAND CONVEYED AS FIFTH TRACT, AND ALL OF A
CALLED 21.26 ACRE TRACT OF LAND CONVEYED AS SIXTH TRACT. SAID 223.154 ACRE
TRACT WITH BEARING BASIS BEING GRID NORTH, TEXAS STATE PLANE COORDINATES,
NORTH CENTRAL ZONE, NAD83 (NAD83 (201 1) EPOCH 2O10), DETERMINED BY GPS
OBSERVATIONS, CALCULATED FROM DENTON CORS ARP (PID-DF8986) AND DAL LAS
COBS ARP (PI D-DF8984) AND BEING MORE PARTICULARLY DESCRIBED BY METES AND
BOUNDS AS FOLLOWS:
BEGINNING AT A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA SURVEYING"
BET FOR THE SOUTHWEST CORNER OF SAID 21.26 ACRE SIXTH TRACT, THE COMMON
NORTHWEST CORNER OF LOT 56, BLOCK F AND THE NORTHEAST CORNER OF LOT 3,
BLOCK G OF CREEKSIDE PHASE 3, AN ADDITION TO THE CITY OF ANNA ACCORDING TO
THE PLAT RECORDED IN CABINET P, SLIDE 623, PLAT RECORDS, COLLIN COUNTY, TEXAS
AND BEING THE COMMON SOUTHEAST CORNER OF CALLED 50.53 ACRE TRACT OF LAND
CONVEYED BY DEED TWO-J PARTNERS, LLLP RECORDED IN COUNTY CLERK'S FILE NO.
20080509000562500, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TEXAS'.
THENCE, ALONG THE COMMON EAST LINE OF SAID 50.53 ACRE TRACT AND THE WEST
LINE OF SAID 21.26 ACRE SIXTH TRACT AND THE WEST LINE OF SAID 10 ACRE FOURTH
TRACT, THE FOLLOWING COURSES AND DISTANCES:
NORTH 00 DEGREES 40 MINUTES 32 SECONDS EAST, A DISTANCE OF 260.50 FEET
TO A POINT FOR CORNER;
NORTH 00 DEGREES 59 MINUTES 07 SECONDS EAST, A DISTANCE OF 1115.83
FEET TO A POINT FOR CORNER;
NORTH 00 DEGREES 49 MINUTES 32 SECONDS EAST, A DISTANCE OF 309.20 FEET
TO A POINT FOR CORNER;
NORTH 00 DEGREES 36 MINUTES 32 SECONDS EAST, A DISTANCE OF 363.00 FEET
TO A 518" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA SURVEYING" SET
FOR CORNER;
NORTH 00 DEGREES 42 MINUTES 32 SECONDS EAST, A DISTANCE OF 596.23 FEET
TO A P__ NAIL WITH SHINER STAMPED "LJA SURVEYING SURVEYING" SET FOR
CORNER, SAID POINT LYING IN COLLIN COUNTY ROAD NO. 370 (A PRESCRIPTIVE
RIGHT OF WAY), SAID POINT BEING THE COMMON NORTHWEST CORNER OF SAID
10 ACRE FOURTH TRACT AND THE NORTHEAST CORNER OF SAID 50.53 ACRE
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 46
SERVICE AND ASSESSMENT PLAN
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TRACT AND BEING ON THE SOUTH LINE OF AFORESAID 64.5 ACRE SECOND
TRACT;
THENCE, NORTH 88 DEGREES 48 MINUTES 28 SECONDS WEST, ALONG THE COMMON
NORTH LINE OF SAID 50.53 ACRE TRACT AND THE SOUTH LINE OF SAID 64.5 ACRE
SECOND TRACT, A DISTANCE OF 251.32 FEET TO A 5/8" IRON ROD WITH YELLOW
PLASTIC CAP STAMPED "LJASURVEYING" SET FOR CORNER, SAID POINT BEING THE
SOUTHWEST CORNER OF SAID 64.5 ACRE SECOND TRACT AND THE SOUTHEAST
CORNER OF A 38.15 ACRE TRACT OF LAND CONVEYED BY DEED AS TRACT 7 TO MJ LA
ADAM, LTD. RECORDED IN COUNTY CLERK'S FILE NO. 201 10505000462590, OFFICIAL
PUBLIC RECORDS, COLLIN COUNTY, TEXAS;
THENCE, NORTH 01 DEGREE 38 MINUTES 26 SECONDS WEST, ALONG THE COMMON
WEST LINE OF SAID 64.5 ACRE SECOND TRACT AND THE EAST LINE OF SAID 38.15 ACRE
TRACT, A DISTANCE OF 50920 FEET TO A P.K. NAIL WITH SHINER STAMPED "LJA
SURVEYING" SET FOR CORNER, SAID POINT BEING THE NORTHEAST CORNER OF SAID
38.15 ACRE TRACT AND THE SOUTHEAST CORNER OF A 17.863 ACRE TRACT OF LAND
CONVEYED BY DEED TO ANNA 18, LLC RECORDED IN COUNTY CLERK'S FILE NO.
20161020001423440, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TE}CA ,
THENCE, DEPARTING SAID WEST LINE OF SAID 64.5 ACRE SECOND TRACT AND OVER
AND ACROSS SAID 64.5 ACRE SECOND TRACT, THE FOLLOWING COURSES AND
DISTANCES:
NORTH 89 DEGREES 28 MINUTES 39 SECONDS EAST, A DISTANCE OF 500.77 FEET
TO A POINT FOR CORNER;
NORTH 00 DEGREES 31 MINUTES 21 SECONDS WEST, A DISTANCE OF 432.96 FEET
TO A 518" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA S URVEYING" SET
FOR CORNER ON THE NORTH LINE OF SAID 64.5 ACRE SECOND TRACT AND THE
COMMON SOUTH LINE OF A 159.725 ACRE TRACT OF LAND CONVEYED BY DEED
TO LHJH MANAGEMENT COMPANY LLC RECORDED IN COUNTY CLERK'S FILE NO_
2006100300142590, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TEXAS'.
THENCE, NORTH 89 DEGREES 28 MINUTES 39 SECONDS EAST, ALONG THE COMMON
NORTH LINE OF SAID 64.5 ACRE SECOND TRACT, AND THE SOUTH LINE OF SAID 159.725
ACRE TRACT, A DISTANCE OF 2480.20 FEET TO A 518" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "LJA S URVEYING" SET FOR THE NORTHEAST CORNER OF SAID 64.5 ACRE
SECOND TRACT AND THE COMMON SOUTHEAST CORNER OF SAID 159.725 ACRE TRACT,
SAID POINT BEING ON THE WEST LINE OF A 50.00 ACRE TRACT OF LAND CONVEYED BY
DEED TO KAYAA FAMILY, LTD., RECORDED IN COUNTY CLERK'S FILE NO.
20171012001368980, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TEXAS,
THENCE, SOUTH 01 DEGREE 15 MINUTES 53 SECONDS WEST, ALONG THE COMMON
EAST LINE OF SAID 64.5 ACRE SECOND TRACT AND THE WEST LINE OF SAID 50.00 ACRE
TRACT, A DISTANCE OF 1024.64 FEET TO A 1" IRON PIPE (BENT) FOUND FOR THE
SOUTHEAST CORNER OF SAID 64.5 ACRE SECOND TRACT AND BEING THE COMMON
NORTHEASTERLY NORTHWEST CORNER OF A 111.666 ACRE TRACT OF LAND CONVEYED
BY DEED TO OAKWOOD TILLAGE APARTMENTS, INC., RECORDED IN COUNTY CLERK'S
FILE NO. 201712001001594200, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TEXAS'.
THENCE, NORTH 88 DEGREES 57 MINUTES 17 SECONDS WEST, ALONG THE COMMON
SOUTH LINE OF SAID 64.5 ACRE SECOND TRACT AND THE NORTH LINE OF SAID 111.666
ACRE TRACT, A DISTANCE OF 33.92 FEET TO A 518" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "LJASURVEYING" SET FOR THE NORTHWEST CORNER OF SAID 111.666
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 47
SERVICE AND ASSESSMENT PLAN
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ACRE TRACT AND THE NORTHEAST CORNER OF AFORESAID 40.86 ACRE THIRD TRACT;
THENCE, SOUTH 00 DEGREES 38 MINUTES 44 SECONDS WEST, ALONG THE COMMON
EAST LINE OF SAID 40.86 ACRE THIRD TRACT AND THE WEST LINE OF SAID 111.666 ACRE
TRACT, A DISTANCE OF 2640.17 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP
STAMPED "J.E_ SMITH 3700" FOUND FOR THE COMMON SOUTHEAST CORNER OF SAID
40.86 ACRE THIRD TRACT AND THE SOUTHWEST CORNER OF SAID 111.666 ACRE TRACT,
SAID POINT LYING ON THE NORTH LINE OF A 17.455 ACRE TRACT OF LAND CONVEYED
AS TRACT 1 NORTH, TO LENNAR HOMES OF TEXAS LAND AND CONSTRUCTION, LTD.,
RECORDED IN COUNTY CLERK'S FILE NO. 20180614000736900, OFFICIAL PUBLIC
RECORDS, COLLIN COUNTY, TEXAS;
THENCE, NORTH 88 DEGREES 46 MINUTES 28 SECONDS WEST, ALONG THE COMMON
SOUTH LINE OF SAID 40.66 ACRE TRACT, THE SOUTH LINE OF AFORESAID 10.00 ACRE
FIFTH TRACT, AND THE NORTH LINE OF SAID 17.455 ACRE TRACT, A DISTANCE OF 603.28
FEET TO A 518" IRON ROD FOUND FOR THE COMMON NORTHWEST CORNER OF SAID
17.455 ACRE TRACT AND THE NORTHEAST CORNER OF THE FALLS PHASE 2, AN
ADDITION TO THE CITY OF ANIMA ACCORD ING TO THE PLAT THEREOF RECORDED IN
CABINET P, PAGE 870, PLAT RECORDS, COLLIN COUNTY TEXAS;
THENCE, ALONG THE COMMON NORTH LINE OF SAID THE FALLS PHASE 2, CONTINUING
ALONG THE SOUTH LINE OF SAID 10.00 ACRE FIFTH TRACT AND ALONG THE SOUTH LINE
OF AFORESAID 80 ACRE FIRST TRACT, THE FOLLOWING COURSES AND DISTANCES:
NORTH 89 DEGREES 00 MINUTES 01 SECOND WEST, A DISTANCE OF 642.80 FEET
TO A 518" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA SURVEYING" SET
FOR CORNER;
NORTH 89 DEGREES 04 MINUTES 18 SECONDS WEST, A DISTANCE OF 18.58 FEET
TO A 51B" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA SURVEYING" SET
FOR CORNER;
NORTH 89 DEGREES 18 MINUTES 16 SECONDS WEST, A DISTANCE OF 715.13 FEET
TO A 518" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA SURVEYING" SET
FOR CORNER AT THE COMMON NORTHWEST CORNER OF THE FALLS PHASE 2,
THE NORTHEAST CORNER OF AFORESAID CREESIDE PHASE 3, THE SOUTHWEST
CORNER OF SAID 80 ACRE FIRST TRACT AND THE SOUTHEAST CORNER OF
AFORESAID 21.26 ACRE SIXTH TRACT;
THENCE, NORTH 89 DEGREES 41 MINUTES 14 SECONDS WEST, ALONG THE COMMON
SOUTH LINE OF SAID 21.26 ACRE SIXTH TRACT AND THE NORTH LINE OF SAID
CREEKSIDE PHASE 3, A DISTANCE OF 492.18 FEET TO THE POINT OF BEGINNING AND
CONTAINING A CALCULATED AREA OF 9,720,596 SQUARE FEET OR 223-154 ACRES LAND.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 48
SERVICE AND ASSESSMENT PLAN
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EXHIBIT J-2 - IMPROVEMENT AREA #1 LEGAL DESCRIPTION
LEGAL DESCRIPTION
IMPROVEMENT AREA NO. 1
71.042 ACRES
BEING A 71.042 ACRE TRACT OF LAND SITUATED IN THE FRANC IS T_ DUFFAU
SURVEY, ABSTRACT NO. 288, CITY OF ANNA, E_T_J_, COLLIN COUNTY, TEXAS
AND BEING PART OF A 160.197 ACRE TRACT OF LAND CONVEYED TO
BLOOMFIELD HOMES, LP, AS RECORDED IN COUNTY CLERK'S FILE NO.
20200117000076380, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TEXAS.
SAID 71.042 ACRE TRACT, WITH BEARING BASIS BEING GRID NORTH, TEXAS
STATE PLANE COORDINATES, NORTH CENTRAL ZONE, NAD83 (NAD83 (2011)
EPOCH 2O10), DETERMINED BY GPS OBSERVATIONS, CALCULATED FROM
DENTON CORS ARP (PID-DF8986) AND DALLAS CORS ARP (PID-DF8984), BEING
MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING AT A 518 INCH IRON ROD WITH YELLOW PLASTIC CAP STAMPED
"LJA SURVEYING" SET FOR THE SOUTHWEST CORNER OF SAID 160.197 ACRE
TRACT AND THE SOUTHEAST CORNER OF A 50.53 ACRE TRACT OF LAND
CONVEYED TO TWO-J PARTNERS, LLLP, AS RECORDED IN COUNTY CLERK'S
FILE NO. 20080509000562500, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY,
TEXAS, SAID POINT BEING ON THE NORTH LINE OF CREEKSIDE, PHASE 3, AN
ADDITION TO THE CITY OF ANNA, AS RECORDED IN COUNTY CLERK'S FILE NO_
2004-0060537, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TEXAS'.
THENCE, ALONG THE WEST LINE OF SAID 160.197 ACRE TRACT AND THE EAST
LINE OF SAID 50.53 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES:
NORTH 00 DEGREES 40 MINUTES 32 SECONDS EAST, A DISTANCE OF
260.50 FEET TO A POINT CORNER;
NORTH 00 DEGREES 59 MINUTES 07 SECONDS EAST, A DISTANCE OF
705.94 FEET TO A POINT FOR CORNER;
THENCE, OVER AND ACROSS SAID 160.197 ACRE TRACT, THE FOLLOWING
COURSES AND DISTANCES:
SOUTH 89 DEGREES 00 MINUTES 53 SECONDS EAST, A DISTANCE OF
165_62 FEET TO A POINT FOR CORNER;
NORTH 41 DEGREES 33 MINUTES 55 SECONDS EAST, A DISTANCE OF
434.00 FEET TO A POINT FOR CORNER;
SOUTH 48 DEGREES 26 MINUTES 05 SECONDS EAST, A DISTANCE OF
125.00 FEET TO A POINT FOR CORNER;
NORTH 41 DEGREES 33 MINUTES 55 SECONDS EAST, A DISTANCE OF
55.00 FEET TO A POINT FOR CORNER;
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 49
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 60 of 111
SOUTH 48 DEGREES 26 MINUTES 05 SECONDS EAST, A DISTANCE OF
50.00 FEET TO A POINT FOR CORNER;
SOUTH 41 DEGREES 33 MINUTES 55 SECONDS WEST, A DISTANCE OF
2.3 FEET TO A POINT FOR CORNER;
SOUTH 48 DEGREES 26 MINUTES 05 SECONDS EAST, A DISTANCE OF
70.00 FEET TO A POINT FOR CORNER;
SOUTH 50 DEGREES 19 MINUTES 56 SECONDS EAST, A DISTANCE OF
58.40 FEET TO A POINT FOR CORNER;
SOUTH 55 DEGREES 80 MINUTES 47 SECONDS EAST, A DISTANCE OF
64.54 FEET TO A POINT FOR CORNER;
SOUTH 61 DEGREES 14 MINUTES 33 SECONDS EAST, A DISTANCE OF
70.40 FEET TO A POINT FOR CORNER;
SOUTH 66 DEGREES 58 MINUTES 20 SECONDS EAST, A DISTANCE OF
64.54 FEET TO A POINT FOR CORNER;
SOUTH 72 DEGREES 12 MINUTES 13 SECONDS EAST, A DISTANCE OF
58.68 FEET TO A POINT FOR CORNER;
SOUTH 77 DEGREES 26 MINUTES 05 SECONDS EAST, A DISTANCE OF
64.54 FEET TO A POINT FOR CORNER;
SOUTH 88 DEGREES 09 MINUTES 52 SECONDS EAST, A DISTANCE OF
70.40 FEET TO A POINT FOR CORNER;
SOUTH 87 DEGREES 47 MINUTES 45 SECONDS EAST, A DISTANCE OF
88.68 FEET TO A POINT FOR CORNER;
SOUTH 89 DEGREES 26 MINUTES 16 SECONDS EAST, A DISTANCE OF
447.87 FEET TO A POINT FOR CORNER;
NORTH 00 DECREES 33 MINUTES 44 SECONDS EAST, A DISTANCE OF
1 0.00 FEET TO A POINT FOR CORNER;
NORTH 89 DECREES 26 MINUTES 16 SECONDS WEST, A DISTANCE OF
20.50 FEET TO A POINT FOR CORNER;
NORTH 00 DECREES 33 MINUTES 44 SECONDS EAST, A DISTANCE OF
50.00 FEET TO A POINT FOR CORNER;
SOUTH 89 DEGREES 26 MINUTES 16 SECONDS EAST, A DISTANCE OF
20.50 FEET TO A POINT FOR CORNER;
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT SO
SERVICE AND ASSESSMENT PLAN
2024 - 20240000&-)672 0/1612024 02: 44PM Pages of111
NORTH 00 DEGREES 33 MINUTES 44 SECONDS EAST,A DISTANCE OF
120-00FEET TO APOINT FOR CORNER;
SOUTH 89 DEGREES 26 MINUTES 16 SECONDS EAST,A DISTANCE OF
920-00FEET TO APOINT FOR CORNER AND THE BEGINNING OF NON -
TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF00
DEGREES 29 MINUTES 19 SECONDS, A RADIUS OF975-00FEET AND A
LONG CHORD THAT BEARS NORTH 00 DEGREES15MINUTES49
SECONDS EAST,A DISTANCE OF8.32FEET-,
ALONG SAID NON -TANGENT CURVE TO THE LEFT AN ARC DISTANCE OF
8.32FEET TO APOINT FOR CORNER;
SOUTH 89 DEGREES 58 MINUTES 51 SECONDS EAST,A DISTANCE OF
50.00FEET TO APOINT FOR CORNER AND THE BEGINNING OF NON -
TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF00
DEGREES 32 MINUTES 35 SECONDS, A RADIUS OF 1025.00FEET AND A
LONG CHORD THAT BEARS SOUTH 00 DEGREES 17 MINUTES 27
SECONDS WEST A DISTANCE OF 9-72FEET
ALONG SAID NON -TANGENT CURVE TO THE RIGHT AN ARC DISTANCE
OF 9.72 FEET TO APOINT FOR CORNER;
SOUTH 00 DEGREES 33 MINUTES 44 SECONDS WEST A DISTANCE OF
40.28FEET TO APOINT FOR CORNER;
SOUTH 89 DEGREES 26 MINUTES 16 SECONDS EAST,A DISTANCE OF
125a1FEET TO APOINT FOR CORNER ON THE EAST LINE OF SAID
160-197 ACRE TRACT AND THE WEST LINE OF A 111.666 ACRE TRACT OF
LAND CONVEYED TO ANACAPRI LAGUNA AZURE, LLC,AS RECORDED IN
COUNTY CLERK'S FILE NO. 20210405000666350, OFFICIAL PUBLIC
RECORDS, COLLIN COUNTY, TEXAS;
THENCE SOUTH 00 DEGREES 33 MINUTES 44 SECONDS WEST ALONG THE
EAST LINE OF SAID 160.197 ACRE TRACT AND THE WEST LINE OF SAID111.666
ACRE TRACT AT 1224.02FEETPASS THE EASTERLY MOST SOUTHEAST
CORNER OF SAID 160.197 ACRE TRACT AND THE NORTHEAST CORNER OF
1-052ACRE RIGHT-OF-WAY DEDICATION TO THE CITY OF ANNA, AS RECORDED
IN COUNTY CLERKS FILE NO. 20191220001627030, OFFICIAL PUBLIC RECORDS,
COLLIN,COUNTY. TEXAS, IN ALL TOTAL DISTANCE 1264.02FEET To A IRON
ROD WITH CAP MARKED %.E SMITH 3700" FOUND FOR THE SOUTHEAST
CORNER OF SAID 1.052ACRETRACT
THENCE NORTH 88 DEGREES 46 MINUTES 28 SECONDS WEST, ALONG THE
SOUTH LINE OF SAID 1-0 ACRE TRACT, A DISTANCE OFF 398FEET TO A SB"
IRON ROD FOUND FOR THENORTHE-ASTCORNER OF THE FALLS, PHASE 2,AS
SHOWN ON PLAT RECORDED IN CABINET P, PAGE 870, PLAT RECORDS,
COLLIN COUNTY, TEXAS;
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT Q
SERVICE AND ASSESSMENT PLAN
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THENCE NORTH 89DEGREES O»O1"REST ALONG THE SOUTH LINE OF SAID
1-052ACRE TRACT AND THE NORTH LINE OFSAID THE FALLS. PHASE / AT
30.00FEET PASS THE SOUTHWEST CORNER OF SAID 1.052 ACRE TRACT AND
THE SOUTHERLY MOST SOUTHEAST CORNER OF SAID 160.197 ACRE TRACT IN
ALL TOTAL DISTANCE 64±B]FEET TO A SBINCH IRON ROD WITH YELLOW
PLASTIC CAP STAMPED "LJA SURVEYING" SET FOR CORNER IN THE NORTH
LINE OF SAID THE FALLS, PHASE 2,AND IN THE SOUTH LINE OFSAID ]GO_]97
ACRE TRACT'.
THENCE CONTINUING ALONG SAID SOUTH LINE OF]GD]97ACRE TRACT AND
SAID NORTH LINE OF THE FALLS, PHASE 2, THE FOLLOWING COURSES AND
DISTANCES:
NORTH 89 DEGREES 04 MINUTES 18 SECONDS WEST A DISTANCE OF
1*58 FEET TO A5m INCH IRON ROD WITH YELLOW PLASTIC CAP
STAMPED "L A SURVEYING" SET FOR CORNER;
NORTH 89 DEGREES 18 MINUTES 16 SECONDS WEST A DISTANCE OF
715-12FEET TO A5m INCH IRON ROD WITH YELLOW PLASTIC CAP
STAMPED "L A SURVEYING" SET FOR CORNER,
NORTH 89 DEGREES 41 MINUTES 14 SECONDS WEST A DISTANCE OF
492-18FEET TO THE POINT OF BEGINNING AND CONTAINING A
CALCULATED AREA OF 71-042ACRES,OR 3,094,614SQUAREFEET OF
LAND -
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 2
SERVICE AND ASSESSMENT PLAN
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EXHIBIT J-3 - REMAINDER AREA LEGAL DESCRIPTION
LEGAL DESCRIPTION
TRACT 4 - REMAINDER AREA
152.112 ACRES
BEING A 152.112 ACRE TRACT OF LAND SITUATED IN THE FRANCIS T. DUFFAU
SURVEY. ABSTRACT NO. 288, CITY OF ANNA. E.T.J.. COLLIN COUNTS', TEXAS
AND THE JOHN ELLETT SURVEY, ABSTRACT NO. 296, CITY OF ANNA, E.T.J_,
COLLIN COUNTY TEXAS. AND BEING PART OF A 160.197 ACRE TRACT OF LAND
CONVEYED TO BLOOMFIELD HOMES, LP, AS RECORDED IN COUNTY CLERK'S
FILE NO. 20200117000076 80. OFFICIAL PUBLIC RECORDS, COLLIN COUNTY,
TEXAS AND ALL OF A 61 .905 ACRE TRACT OF LAND CONVEYED TO
BLOOMFIELD HOMES: LP, AS RECORDED IN COUNTY CLERIC'S FILE NO.
2021120002555410, OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TEXAS. SAID
152.112 ACRE TRACT, WITH BEARING BASIS BEING GRID NORTH, TEXAS STATE
PLANE COORDINATES, NORTH CENTRAL ZONE, NAD8 �NAD83 (2011) EPOCH
20-101, DETERK-11NED BY GPS OBSERVATIONS. CALCULATED FROM DENTON
CORS ARP (PID-DF8986)AND DALLAS CORS ARP (PID-DF8984), BEING K-10RE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
COMMENCING AT A 5!8 INCH IRON ROD WITH YELLOW PLASTIC CAP STAMPED
"LJA SURVEYING" SET FOR THE SOUTHWEST CORNER OF SAID 160.197 ACRE
TRACT AND THE SOUTHEAST CORNER OF A 50.58 ACRE TRACT OF LAND
CONVEYED TO TWO-J PARTNERS. LLLP, AS RECORDED IN COUNTY CLERIC'S
FILE NO. 20080509000562500. OFFICIAL PUBLIC RECORDS, COLLIN COUNTY.
TEXAS. SAID POINT BEING ON THE NORTH LINE OF CREEKSIDE. PHASE 3, AN
ADDITION TO THE CITY OF ANNA, AS RECORDED IN COUNTY CLERK'S FILE NO_
2004-00605 7. OFFICIAL PUBLIC RECORDS, COLLIN COUNTY. TEXAS, FROM
WHICH A 5i8 INCH IRON ROD WITH YELLOW PLASTIC CAP STAMPED "LJA
SURVEYING" SET FOR THE NORTHEAST CORNER OF SAID CREEL SIDE. PHASE
3 AND THE NORTHWEST CORNER OF THE FALLS. PHASE 2, AN ADDITION TO
THE CITE' OF ANNA. AS RECORDED IN COUNTY CLERK'S FILE NO. 2004-0131577,
OFFICIAL PUBLIC RECORDS, COLLIN COUNTS', TEXAS BEARS SOUTH 89
DEGREES 41 K-1INUTES '14 SECONDS EAST, A DISTANCE OF 492.18 FEET:
THENCE, ALONG THE WEST LINE OF SAID 160.197 ACRE TRACT AND THE EAST
LINE OF SAID 50.58 ACRE TRACT. THE FOLLOWING COURSES AND DISTANCES:
NORTH 00 DEGREES 40 K-11MUTES 82 SECONDS EAST, A DISTANCE OF
260.50 FEETTO A POINT FOR CORNER:
NORTH 00 DEGREES 59 K-11MUTES 07 SECONDS EAST, A DISTANCE OF
705.94 FEET TO THE POINT OF BEGINNING:
THENCE. CONTINUING ALONG SAID WEST LINE OF '160.197 ACRE TRACT AND
SAID EAST LINE OF 50.58 ACRE TRACT, THE FOLLOWING COURSES AND
DISTANCES:
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 53
SERVICE AND ASSESSMENT PLAN
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NORTH 00DEGREES 5§NINUTES07SECONDS EAST DISTANCE OF
409±9FEET TO A POI NTFO R CORNEA
NORTH 00 DEGREES4§NINUTES32SECONDSEAST A
DISTANCE OF 309.20 FEET TO APOINT FOR CORNER;
NORTH 00 DEGREES3BNINUTES32SECONDSEAST A DISTANCE OF
366«0FEET TO A POI NTFO R CORNEA
NORTH 00 DEGREES42NINUTES32SECONDSEAST A DISTANCE OF
59623FEET TO A P.K. NAIL WITH SHINER STAMPED 'L A SURVEYING'
SET FOR THE NORTHEAST CORNER OF SAID 50.53 ACRE TRACT AND
THE COMMON NORTHWEST CORNER OFSAID ]F&]97ACRE TRACT.
SAID POINT BEING ON THE SOUTH LINE OF SAID 61-905 ACRE TRACT,
SAID POINT LYING IN COLLIN COUNTY ROAD NO.3 (A PRESCRIPTIVE
RIGHT OFW AY\
THENCE NORTH 88 DEGREES 48 MINUTES 28 SECONDS WEST ALONG THE
NORTH LINE OF SAID 50-53 ACRE TRACT AND SAID SOUTH LINE OF61.905
ACRE TRACT A DISTANCE OF25]22FEET TO A &HINCH IRON POD WITH
YELLOW PLASTIC CAP STANPED'L A SURVEYING' SET FOR THE SOUTHWEST
CORNER OF SAID 61.905 ACRE TRACT AND THE SOUTHEAST CORNER OF
38.15ACRE TRACT OF LAND CONVEYED AS` RACT TO m]LA ADAM LTD,
AS RECORDED IN COUNTY CLERK'S FILE NO. 20]]O:50 50004625 ,OFFICIAL
PUBLIC RECORDS, COLLIN COUNTY, TEXAS:
THENCE NORTH O]DEGREES 38 MINUTES 26 SECONDS WEST ALONG THE
WEST LINE OF SAID G£905ACRE TRACT AND THE EAST LINE OF SAID3845
ACRE TRACT A DISTANCE OF 509.20 FEET TO A P_K. NAIL WITH SHINER
STAMPED"LJA SURVEYING" SET FOR THE WESTERLY HOST NORTHWEST
CORNER OF SAID 61-905 ACRE TRACT, THE NORTHEAST CORNER OF SAID
38.15ACRE TRACT AND THE SOUTHEAST CORNER OF&]«HG3ACRE TRACT
OF LAND CONVEYED TO ANNA18,LLC,AS RECORDED IN COUNTY CLERK'S
FILE NO. 2016102000142 4C OFFICIAL PUBLIC RECORDS, COLLIN COUNTY,
TEXAS:
THENCE NORTH 89 DEGREES 28 MINUTES 39 SECONDS EAST ALONG A
NORTH LINE OF SAID G\QO5ACRE TRACT,A DISTANCE OF077FEET TO 5.18"
IRON ROD WITH YELLOW PLASTIC CAP STAMPED 'L ASURVEYING"SET FOR
AN INTERIOR ELL CORNER OF SAID B]. 5ACRETRACT'.
THENCE NORTH 00DEGREES 3]MINUTES 21SECONDS WEST ALONG THE
WEST LINEOFSAID G£905ACRETRACT, A DISTANCE OF432.96FEET TO A 5J7
IRON ROD WITH YELLOW PLASTIC CAP STAMPED 'L ASURVEYING"SET ON
THE SOUTH LINE OFA159725ACRE TRACT OF LAND CONVEYED TOLH]H
MANAGEMENT COMPANY LLC, AS RECORDED IN COUNTY CLERK'S FILE NO.
2006100300]42SQƒ OFFICIAL PUBLIC RECORDS, COLLIN COUNTY, TEXAS: FOR
THE NORTHERLY HOST NORTHWEST CORNER OFSAID G\QO5ACRE TRACT:
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THENCE; NORTH 89 DEGREES 28 MINUTES 39 SECONDS EAST ALONG THE
NORTH LINE OF SAID 61.005 ACRE TRACT AND COMMON SOUTH LINE OF SAID
159.725 ACRE TRACTA DISTANCE OF 2480.20 FEETTO 5+8" IRON ROD WITH
YELLOW PLASTIC CAP STAMPED "LJA SURVEYING" SET IN THE WEST LINE OF A
50.00 ACRE TRACT CONVEYED TO KAYASA FAMILY, LTD. AS RECORDED IN
COUNTY CLERK'S FILE NO. 20'17'10'12001888080, OFFICIAL PUBLIC RECORDS,
COLLIN COUNTY, TEXAS. FOR THE NORTHEAST CORNER OF SAID 61.905 ACRE
TRACT AND THE SOUTHEAST CORNER OF SAID 159-725 ACRE TRACT:
THENCE. SOUTH 01 DEGREES 15 MINUTES 53 SECONDS WEST, ALONG THE
EAST LINE OF SAID 61.905 ACRE TRACT AND THE WEST LINE OF SAID 50 ACRE
TRACT, A DISTANCE OF 1024_64 FEET TO A V IRON PIPE (BENT) FOUND FOR
THE SOUTHEAST CORNER OF SAID 81.005 ACRE TRACT AND THE COMMON
NORTHEASTERLY NORTHWEST CORNER OF A 11 1.666 ACRE TRACT OF LAND
CONVEYED TO ANACAPARI LAGUNA AZURE, LLC, AS RECORDED IN COUNTY
CLERK'S FILE NO. 20210405000666850, OFFICIAL PUBLIC RECORDS, COLLIN
COUNTY, TEXAS:
THENCE, NORTH 88 DEGREES 57 MINUTES 17 SECONDS WEST, ALONG THE
SOUTH LINE OF SAID 61.905 ACRE TRACT AND THE NORTH LINE OF SAID
111.666 ACRE TRACT, A DISTANCE OF 33.92 FEET TO A 518" IRON ROD WITH
YELLOW PLASTIC CAP STAMPED "LJA SURVEYING" SET ON THE SOUTH LINE
OF SAID 61.905 ACRE TRACT FOR THE NORTHWEST CORNER OF SAID '1'1l.888
ACRE TRACT AND THE NORTHEAST CORNER OF SAID 160.197 ACRE TRACT:
THENCE. SOUTH 00 DEGREES 33 MINUTES 44 SECONDS WEST, ALONG THE
EAST LINE OF SAID '160. 197 ACRE TRACT AND THE WEST LINE OF SAID 'I'll 1.888
ACRE TRACT. A DISTANCE OF 1376.14 FEET TO A POINT FOR CORNER FROM
WHICH THE SOUTHEAST CORNER OF SAID 160.197 ACRE TRACT AND THE
NORTHEAST CORNER OF A '1.052 ACRE RIGHT-OF-WAY DEDICATION TO THE
CITY OF ANNA. AS RECORDED IN COUNTY CLERK'S FILE NO.
20'19'1220001827030, OFFICIAL PUBLIC RECORDS, COLLIN, COUNTY, TEXAS,
BEARS SOUTH 00 DEGREES 33 MINUTES. 44 SECONDS WEST A DISTANCE OF
1224.01 FEET:
THENCE. OVER AND ACROSS SAID 160.197 ACRE TRACT. THE FOLLOWING
COURSES AND DISTANCES:
NORTH 80 DEGREES 26 L-11MUTES 18 SECONDS WEST, A DISTANCE OF
'125.00 FEET TO A POINT FOR CORNER:
NORTH 00 DEGREES 33 L-11MUTES 44 SECONDS EAST, A DISTANCE OF
40.28 FEET TO POINT FOR CORNER AND THE BEGINNING OF A TANGENT
CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 00 DEGREES 82
R-11NUTES 85 SECONDS. A RADIUS OF '1025.00 FEET, AND A LONG CHORD
THAT BEARS NORTH 00 DEGREES '17 MINUTES 27 SECONDS EAST. A
DISTANCE OF 0.72 FEET;
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ALONG SAID TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 9.72
FEET TO A POINT FOR CORNER:
NORTH 80 DECREES 58 MINUTES 51 SECONDS WEST, A DISTANCE OF
50.00 FEETTO A POINT FOR CORNER AND THE BEGINNING OF A NON -
TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 00
DEGREES 29 MINUTES 15 SECONDS, A RADIUS OF 975.00 FEET, AND A
LONG CHORD THAT BEARS SOUTH 00 DEGREES 15 L-11NLITES 49
SECONDS %'VEST, A DISTANCE OF 8.82 FEET:
ALONG SAID NON -TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE
OF 8.32 FEET TO A POINT FOR CORNER:
NORTH 80 DECREES 26 MINUTES 18 SECONDS WEST, A DISTANCE OF
920.00 FEETTO A POINT FOR CORNER:
SOUTH 00 DEGREES 83 MINUTES 44 SECONDS WEST. A DISTANCE OF
'120.00 FEET TO A POINT FOR CORNER:
NORTH 80 DECREES 26 MINUTES 18 SECONDS WEST, A DISTANCE OF
20.50 FEETTO A POINT FOR CORNER:
SOUTH 00 DEGREES 33 MINUTES 44 SECONDS WEST. A DISTANCE OF
50.00 FEETTO A POINT FOR CORNER:
SOUTH 89 DEGREES 26 MINUTES 16 SECONDS EAST, A DISTANCE OF
20.50 FEET TO A POINT FOR CORNER:
SOUTH 00 DEGREES 33 MINUTES 44 SECONDS WEST. A DISTANCE OF
'120.00 FEETTO A POINT FOR CORNER:
NORTH 80 DECREES 26 MINUTES 18 SECONDS WEST, A DISTANCE OF
447.87 FEET TO A POINT FOR CORNER:
NORTH 87 DECREES 47 MINUTES 45 SECONDS WEST, A DISTANCE OF
88.68 FEETTO A POINT FOR CORNER:
NORTH 83 DECREES 09 MINUTES 52 SECONDS WEST, A DISTANCE OF
70.40 FEETTO A POINT FOR CORNER:
NORTH 77 DECREES 26 MINUTES 05 SECONDS WEST, A DISTANCE OF
64.54 FEETTO A POINT FOR CORNER:
NORTH 72 DECREES 12 MINUTES 18 SECONDS WEST, A DISTANCE OF
58.68 FEETTO A POINT FOR CORNER:
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 56
SERVICE AND ASSESSMENT PLAN
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NORTH 66 DEGREES58NINUTES20SECONDS VVEST,A DISTANCE OF
64.54 FEET TO APDINT FOR CORNER:
NORTH61 DEGREES 14 L-11NUTES 33 SECONDS VVEST,A DISTANCE OF
70.40FEETTO APDINT FOR CORNER:
NORTH 55 DEGREES3ONINUTES47SECONDS VVEST,A DISTANCE OF
64.54 FEET TO APDINT FOR CORNER:
NORTH 50 DEGREES]§NINUTES 56 SECONDS VVEST,A DISTANCE OF
58.40FEET TO APDINT FOR CORNER;
NORTH 48 DEGREES2GNINUTES05SECONDS VVEST,A DISTANCE OF
70.00FEET TO APDINT FOR CORNER:
NORTH41 DEGREES 33 L-11NUTES 55 SECONDS EAST, A DISTANCE OF
2.23FEET TO A POINT FOR CORNER:
NORTH 48 DEGREES28NINUTES05SECONDS VVEST,A DISTANCE OF
50.00FEET TO APDINT FOR CORNER:
SOUTH 41 DEGREES 33 MINUTES 55 SECONDS WEST,% DISTANCE OF
55.00FEET TO APDINT FOR CORNER;
NORTH 48 DEGREES28NINUTES05SECONDS VVEST, A DISTANCE OF
]25«0FEET TO A POINT FOR CORNER
SOUTH 41 DEGREES 33 MINUTES 55 SECONDS WEST,% DISTANCE OF
434«0FEET TO A POINT FOR CORNER
NORTH 89DEGREES OONINUTES 53 SECONDS VVEST,A DISTANCE OF
'165*3FEET TO THE POINT OF BEGINNING AND CONTAINING A
CALCULATED AREA OF]52Al2ACRES. OR %62\985SQUARE FEET OF
LAND.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 57
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APPENDIX A — ENGINEER'S REPORT
[Remainder of page intentionally left blank.]
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 58
SERVICE AND ASSESSMENT PLAN
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MEADOW VISTA
A. EXCA,VAT10N
B-SAN ITARY SEWER SYSTEM
C. STORM SEWER SYSTEM
D. WATER DISTRIBLITUN SYSTEM
E. STREET ALLEYP&VING
F. RETAINING WALLS
G- MISCELLANEOUS ITEMS
M. LANDSCAPING
I. DEVELOPMENT FEES
1,736,167.15
S 1,358,614.&3
S 2,769,684A6
S 1,333,00S.26
S 4,532A01.65
1,309A1a.00
334,31936
2.568,1171.25
S 2.901.374.70
SUB -TOTAL- $ 7A,3,24R42
16% CONTAVGOJCY.. fl.sx C noo
LOT COUNT..-
275
Cos7Jtor.-
t75,609
LFOF 37REET
14,784
COSTJIFOF 37WET
L14W
NET OFMOPAPLE ACRE+4GE-
5139
COS FJ 0EVROPASUACRE-
#324"
TOTAL G9= A CRE4GE-
7247
COST%GROSS,4CRL=.
52A 7159
* .+
,? ' ;tp
IIGdEY A GARNER J
............................
�. 134087
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 59
SERVICE AND ASSESSMENT PLAN
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MEADOW VISTA
Tatnl PID Tatal Major
(Diisc[y Total Pma[r ImprwnTwrrts Tatml
ALEKCA4VATI0N
5 4D5,736.05
$ 1,329,431M
$
1,736,167-35
IL SANITARY SEWER SYSTEM
S 1.3511,13121.115
$
1,356,01&85
C.STORM SEWER SYSTEM
5 1,9'99,333.36
$ 790,331.10 $
$769,69"6
D. WATER DISTRIBUTION SYSTEM
1,353,DDS.26
$
1,353,DD3.26
E. STREET & ALLEY PAVING
2,654,D79A5
$ 1,876,321i6D $
4,53$4D1A5
F- RETAININGWALJS
1,30$41OM
$
1,3D9,411i_0D
G. MISCELLANEOUS ITEMS
334,31931)
$
334.319.50
H. LANDSCAPING
2,56k57125
$
2, 566,87125
L DEVELOPMENT FEES
2,3411,294.70
$ 445.560.00
$ 107.500.D0 $
2,9D1,37&7D
SU8-7OTAL
$MA53A173-17
¢.i,653 92.55
#$.77fa152.7t7
$?S, 6WM& 2
II}% CONT7'1GLrwy'
#T)916)9D9D0
$5E�L109170
#271 }".00
#umCLl w
tOT{OCJNL
275 2T5 275
275
COSTILOL
#41,900 3:22.R0 5?1,260
#75,6w
LFOFSTRaM
1$780
14,789
COST/ LF OF =-
"m
# I,450
NIFTEEVIIOFAPtEACREAGE
GL39
61.3fk
C0sy2'DMt0PA8 PACRE
5187ADD
53
TOTAL GRUNACREAGE
72.47
72.47
COST/GR4S5ACRE
515Q700
52K709
TOTAL PID QUALIFIED MAJOR #3 ,152-70 6.7% $2646mo
IMPROVEMENTS
TOTAL PID (DIRECT) #7T,499,WlF7 TIXIG% ;II,d95,1i10.3.17
TOTAL NON-PID QIJAUFI ED MAJOR
#3
IMPROVEMENTS G51,152-70 93395 ; $ti19524dT
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 60
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MEADOW VISTA
Pham 1 PID Pha 2 PID Talal PID
ONFR5ct7 (Diieaj (Diiectj
A-EXCAVAT10N
S 324,D44.50
$ 82.691-55
$ 4D6,73605
KS6Mff6RY SEWER SYSTEM
$ 1,263A3329
$ 94.581-56
$ 1,358,014.85
C. STORM SEWER SYSTEM
S 1,727.5D6.9&
$ 271,64438
$ 1.939.353.36
D. WATER DISTRISLITION SYSTEM
S 1,246W5.9U
$ 10b,11936
S 1,353,005.26
E.SfREET&ALLEY PAVING
S 2570.513.1D
S 83.56625
$ 2.6545.079.45
F. RETAINING WALLS
G- MISCELLANEOUS ITEMS
S 271.502.50
S 62,317A0
$ 334,319-SD
N. LANDSCAPING
I. DEVELOPMENT FEES
S 1,876a!17.51)
S 469,407.20
$ 2,M8,29470
09-TOTAL- S9,29.t075.77 fl.f7a72T.40 S10,453,&ni 7
16%CO4' mGQJCT'- f92MW.00 fW,,S00.60 SIAKIXIa00
LOT COUNT
269
7
275
COST/LOT-
3dA2W
f 184,104
f4 a,"
LFOFSWET
12,574
1,9b6
1$780
COST1LF0F5TKET-
J&"
5700
saw
NET OFYELOFA9LEACRE4GE-
55.73
466
61.39
COST/DEVELOPAKEACRB
JF6Q100
J27$.509
51971"
TOTAL GRM ACRE4GE-
65.75
6.i2
7247
COST/GR SSACRE
11`5554W
J191,606
J1-142w
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 61
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MEADOW VISTA
Phax 1 Privmv Phase 2 Prrva a Total Primm
A-EXCAVAT10N
$ 1,231AWAD
$ 97,793-0
$ 1,329,431.30
KSJLNrrARY SEWER SYSTEM
C. STORM SEWER SYSTEM
D. WATER DISTRISLITION SYSTEM
E. STREET & ALLEY Pk41 NG
F. RETAINING WJkLLS
$ 1,046.550AD
$ ZE2,BWM
1.309.41D.00
G- MISCELLANEOUS ITEMS
N. LWDSCAPING
$ 2,376.70.75
$ 19D,167-50
2,368,671.25
I.DEVELOPMENTFEES
$ 361,9W.DO
$ 8D,60DM
$ 445,Slia4D
SOB -TOTAL-
aza,a7a.ss
f631.421.60
s3,653—�9255
11 % C04' mc4 NCY.-
fSGz_ i7.w
$63n5w6Q
¢S6$.Q au0
LOT COUNT.' 20 7 275
Cost/LOT- s20.7W fS9,3ro fz�7w
LFOF YWET
COSTJLFOF STKET.-
N TDEYROPAKEACRE4GP
COST 10FV ELO PARR F AC R8
TOTAL GROss ACREAGE-
COST/GROSS ACRE
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 62
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MEADOW VISTA
GENERAL
r This estimate of probable cost was prepared with the Meadow Vista Phase 1 constniction plan set dated February Z. 2024 and Meadow
V-mta Phase 2 construction plan set dated Feb nary 2. 202d-
2 The tract is k cried within the Cry of ArnA within Amu ISO, and is generally described as being located ntwhwest of the intersection of
Nackberny drive and North Ferguson Parkway. The pro-perty c coned for single -Family residential Let
3 This estimate used the current water, sewer, pavirxy and storm drainage desgn criteria specified by the City of Arra.
4 This estimate assumes public nFr strud use will be oorrveyrd to and accepted by the Crty of Jknro at project completx)n. Costs For future
maintenance of inFmstructure has not been considered.
S This estimate utilizesexcavation, utility and paring corrtnact prices & quantities for Phases land 2. The contracts and charge orders are
listed bekw.
• FC5 Corstruction - EroGalion contract dated September 7, 2623
• FC5 Construction - Exoe„ation change ceder focecuted} dated Nolember 2% 2D23
• LH Lacy - Utility contract dated September 7, 2D23
• LM Lary- Utility change order fn wirer} dated Febnury 6. 2024
• Ch4C- Paving contract dated September7. 2023
• CMC - Paving lunge order fin review} doted January 19, 21)24
S This estimme combines contract qr ntitiies WrLh change order- quuntities for Phases 1 and 2
T This estimate was prepared with the benefit of geotednnkal dada purded in preliminary geotecFnical upset number Bl 913324 by Rnaun
Irrtertec Corporation darted January 10, 2D2Dfor Meadow Vista and 621230 by Alpha Testing dated O=ber27, 2D21 for Crystal Park-
8 This estimate was prepared with the benefit of an environmental report and wetlands detenninaiion provided by Integrated Errurnnnental
Solutions on January 14, MD.
9 Thisestimme was prepared utirving topographic assumptions based on field survryof the site by UA and identifcesan appraRimate mean
site grade of 3J:%.
rD This estimate does consider phaing or ronJ-t ucthon sequencing costs and does contern place pvgresshon of site development.
r l This estimate assumes 4% inspe_7ion Fee For wafter, sever. storm. and paving.
r2 This estimate assumes testing fees For water and sewer on LF basis of all related material and 3% for storm and paling total cost
U Land plan and estimate do not make considerafmu for arty sit ga. or mineral leasesin place on the trod.
GRADING
r This estimmeassumes the hollowing grading a mptions:
Sleyard max slope: 4:1 j25%1
Depressed garages ane allowed 5-p& —1� p:aya-yw
From yard mm slops 5:1 ;20%1
Drop garages with wee physi al step in garage air allowed
Rear yard n slope: 12-1 [dad1
Muli�tep drop garages air not allowed.
Max driveway 5lope-127SMoc.Qawt.h/m,o
Finishedikxxelerationabovefinehedpad- D.T
Minimum side yard Swale slope: 1.25%
Max Fall across garage ftnt to badt� 0.4 feet
Max exposed beam: 2a' inches
2 This estimme assumes lot-to-loddrainage is not allowed.
3 This estimate assumes a lot mu cornprised of the fnlbwing typical lee dimenskx and is based on a concept plan:
Lac ,w...a*v h.e A— -k-
ic+.. nnih +t +.x700
is+.. ne0h ti+.x700
is+.. meth ti+.x700
S5ni0 fL-5!.?ah
i5+.r net ft •5+.xMh
is+.. 1e0h is +.x700
0:+.. neih fi + 700
d5+.. 1e0h i5+.x'0A
d5+.. neih i5+.x70A
4 This estimme assumes all lets will require4' of moistumconditionirg and poly lining.
S Urfa prices des not reflect rock nczvation.
S This estimate assumes overall development site will balance art. fill, and spoil material at project corn pletion and does not consider costs;
for interim import aexport of material off project-
7 Thisestimadr does nctassunne arycfFite grading.
SAN VARY SEWER
r This estimate assumes that the developed sewer basin is served by City of Anna.
2 This estimate assumes the sanitary sewer system is servicing 275 lots of single-family lots.
3 This estimate assumes no lift station is needed in order to serrx= the single -Family residental lots.
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 63
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4 This estimate assumes that the Thockmorion Sewer Line;1 ' gravity Fine} by others is in place akxg west poperty boundary and has
mpadty For She Meadow Ysta site-
s Thisestimate was produced without the bererrt oFa Sanitary Sewer Studyfcrthesite.
6 Thisestimate ammes two ccnnectiomto oristinrgThroamorton Server Line f15' gravity Finel to be made in Phased and2.
7 Sewer testing includes TV- besting.
STORM DPWNJd9E
F This estimate assumes [here is FEMA 1 % MccidpWri onuite. This estimate ass prepared with the benefit of a Flood study and a FFoodplein
water suilace ekyarCi xn analysis by LJA dated January 26, 2622.
2 Thisestimate assumes proposed development may impactthe FEMA.1%floWpaain.
3 This estimate assumes Nfriligaltion Alkrwame of $156,00a for phase 2 and Future phase 3 clue to She possibility of jurisdictional wetlands
orsite.
4 This estimate assumes CLOMRACIVIR allowanae or $1031100 due to potential impact or oraite FEMA 1%floodplaim
S Thisestimate assumes offshc drainagefrom the Norili will becaptured with a gradeto drain and sent to-theaeek onshm
6 Thise iimate assumes cuhrenstnutures to breast -in -plain
7 Thisestimate assumes cuhrenstnuture cost b3 indude culweri miring, headwall. and riprap.
9 Thise iimate does riot indude arryaociior the enlargement ramrstruction arimprorementaf any oR-site dramgestructunes unless
otherwce noted-
9 Additional gra&—in-drain gaarrtirres may be required based on final design topography-
FD Cceis For swrlim easement value arulysc of regional dams are not included in this estimate.
WATER
F Thise iimate assumes that the tract is supplied water byCmyof Anna.
2 This estimate assumes two connections to oristinrg 16' waterline along Hadtberry Drive. three connertnra to existing 12' rraber lime
Ferguson Parkwayand one connection to existing 12' water line along Flosamond Partway-
3 Thisestimate assumes an albwanoe For the poterr" krmeing &the a istinrg 12' waterline lo=ated in Ferguson Parkway ROW-
4 Thisestirnate assumes thewatersystern is seNidng 275 lots of single-family lots.
S Waterline inducles all Fntirxgs. tees, crow;, etc-
6 Fire hydrantassembfy includes all fittings and tees.
7 Assumes all watedines are less than 10 deep.
9 Thise iimate was performed Wdh t She benrerad awader n-�del.
9 Thisestimate does riot inducle oast to remove and rekxateekiting wateiines.
FD This estimate does not assume any cost for obtaining cffsite water -
PAVING
F Thise iimate is based on thefdbwinrg streetsec corm
56' ROW: 32' B-B'. 6' reinforced cDoc ete with 6' rime subgrade f1' oRseq
86' ROW: 2 K 25' B-K 8' renForced concrete with &' rime subgrade fl' crlf 4Q
120' ROW- 1 x 24.5' 8-8'•, 8' reinforced cormrte with 8' lime subg rode;1' offset}
` Residential street section f56' ROW} assannes rNkNer curb -Aiken standard curb is used on a 50' PAW. section c reduced to 31' 04&
This estimate assumes ultimatebuildout of 120' RCW byothers: 2 K 37'"S' mirrronoed rxx>Qete with 8' lime subynade(1' offset}.
2 Estimate aasume 36 Ibs Fer SY for lime quanfrty.
3 Estimate does not include median paving arid/ r pavers
4 Ranier Free ramps hale been included based on standard pladrrg pmcfrx of 4 ramps at a Cosa intersection and 3 ramps at a tee
intersectnn- ♦Sddmional ADA ramps may be required by jurisd-rotiors during plan review. This estimate does not coraemF ate A.DA
destiraC*mand assumes longitudinal roadway slopes of greater 2%orgreatermay be used in all residenfrsl intersecCKxis.
S Estimate aasumes right and left lance; at intersections with Hackbeny Drim in Phases 1 and 2.
6 Additional palemera rrariings and traffic signs nay also be required.
MISCELLANEOUS
r gingle beaded streetlighaare spamd at maximum or40D.
2 Double beaded streetlights are located along med-an an Madrbeny Drive and are spaced at a maximum of 200'.
3 This estirmate includes cost to relocate existing Franchise limes and demo misting pavement along CR 370.
4 Thisestimate assumes )!yoF Anna -Will be nesporsiblefcracquirirg all right of wayand easermerrls nrecessary to construct all pubic
imprvremenrLs outside of the PID boundary_
S Estimate does not consderwalb m railing that maybe required to support open spacesidewalksand trails-
6 Thisestimate does riot include USPS mailbox dustem
7 This estimate assumes gas and electric fmnrcliise utilities will be prvAded at cost to She developer.
9 Thisestimate does riot include past recording fees.
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LrWo544PING
r This estimate does include- costs for Amenity Center. entry m1onumerristbrl screening wall; and landscaping of the silt Coat was provided
by the dierton November3d 2421.
2 T'hisestimme a Burnes mascnry screening wall with nasonrycmlumns adjacent to kL* along Hackbeny Drivt
DIAMLOPMEW
r Estimate does Trot include land =L land nairrtenarK3_- interest NDA support legal. rnancirg. marketing, ehc.
2 The mnidpal and j.IrMicfiolal tees listed bane been generated bated on re•.eardned information pub+rehed by the City of Anna. This
estimate herds the Following fee assumptions
£try liol.clrn f... CAWw, � .N—nar ml
T£F[I
►..fr:nq Gla Iw
2-9A..—. fu.
WubEwp--4.-
finJHApof —Iw I2iM
Prali.9f—
bynrri i4 Ian nvix lm g:i yp
'r CrfisA �.
I..Ysl�a`�amnit 1ux14
[�awclx.
3 This estimate does not include a $36W per lot PID Fee.
4 This estimate does not include for} incldes fees for pm rate or face foot costs to connect to eriating wailer or sewer irrrmstructure.
S This estimate does not include FEMA application fees.
S Prafessioral Fees for engineering and Burying ale as m&d as 1 GY of prcjedled cored ruction costs_
T This estimate does not include professional fee assarn ption s to prepare a flood study or revise Fbodplain naps.
9 This estimate does include proresslKxial fee assurnpfiarE for geotechnical testing and reports.
9 This estimate does not include professional fee assarn ption s For tree surrey or tree rnitigafiorls.
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MEADOW VISTA
IMIp.IEIIIIMI
A, EXCAVATION ff�c -- See noes foradditeam f6-ob=otion
B_SAHTTAEYSEWER SYS71:M ffl c -- See noes foradditeam f6-ob=otion
C-STCRM SEWER SYSTEM
2 - 10' K 10' RCB, INCL WYES, U34 DS, ETC. - PHASE 2
LF
$2,30D.94
11A.
$262,307.1 6
HAEKBERRYDRIVE
2 - 10' X 10' PW-1 HEADWALL WITH 4.83' EXTENDED CURB -
$166147.D0
2.
$372,29AA]
PHASE2HACKBERRYDRIVE
PR-1 PEDESTRAN HANDRAIL - PHASE 2 HACKBERRY DRIVE
LF
$249.75
294.
$73.426-50
TYPE kDRY RACK RIPRAP - PHASE2 HACKBERRYDRIVE
SY
5111.DO
741.
$82,251A3
TRENCH SAFETY - STORM - PHASE 2 HACKBERRY DRIVE
LF
$DA6
11A.
$52A4
TOTAL STORM SEWER SYSTEM
79p 341.14
I>.WATER DISTRIBUTION SYSTEM Plonc -- See nabs foradditcamaf 6-ITa7notion
E STREET & ALLEY PAVING
B' f4,000 PSI) REINF. CDNC STREET PAVEMENT - PHASE 1
SY
$3815
1C,244.
$5'9S,69B_f0
HA.CKBERRYDRIVE
B' SUBGRADE PREPARATION - PHASE 1 HACKBERRY DRIVE
SY
$1130
11,D13.
$33,039A]
HYDRATED LIME060FIM - PHASE 1 HAE KBERRYDRIVE
TON
$315.130
199.
$62,685A3
5 CONC. SIDEWALK - PHASE 1 HACKBERRY DRIVE
SF
$7.1 5
6,755.
W23125
10' COMMETE SIDEWALK - PHASE 1 HACKBERRY DRIVE
Sr
$11,70
1B,735.
$162,9W_50
BARRIER FREE RAMP IT'rPE k - PHASE 1 HACKBERRY DRIVE
EA
$2,7313.130
A.
$11,CODA]
BARRIER FREE RAMP (TYPE C) - PHASE 1 HACKBERRY DRIVE
EA
$2,73D.DO
2.
$5,30DA3
MOW RAMP - PHASE 1 HACKBERRY DRIVE
EA
$2,60D.130
2.
$5,20DA0
PAVEMENTREADER- PHASE 1HAACBERRYDRIVE
LF
$15.130
25.
$375A]
STREET BARRICADE - PHASE 1 HACKBERRY DRIVE
EA
$1,67S.D0
2.
$3,35DA3
REMOVE BARRICADE & CONNECT TO EXISTING PAVEMENT
EA
WD.DO
1.
$65DA3
HEADER - PHASE 1 HACKBERRY DRIVE
SAWCLTT & REMOVE EXISTING CLIRB - PHASE 1 HACKBERRY
LF
$31).130
218.
$6,54DA0
DRIVE
STOP SIGN - PHASE 1 HACKBERRY DRIVE
EA
$85.130
2.
$17DA]
STREET NAME BLADE PAIR - PHASE 1 HACKBERRY DRIVE
EA
$36S.DO
2.
$T7DA3
SPEED LIMTTSIGN - PHASE 1 HACKBERRY DRIVE
EA
$365.130
2.
MDA]
REVERSE CURVE RIGHT SIGN Ml-AR] - PHASE 1 HACKBERRY
EAL
$365.130
1.
$385A]
DRIVE
A' DASHED WHITE STRIPING - PHASE 1 HACKBERRY DRIVE
LF
$1.50
3,178.
$4,767A3
B' SOLID WHITE STRIPING - PHASE 1 HACKBERRY DRIVE
LF
$2.75
263.
$72325
12' DIAGONAL WHITE STRIPING - PHASE 1 HACKBERRY DRIVE
SF
$IL75
A59.
$4.01625
LEFT TURN ONLY ARROW-PHASEI HACKBERRYDRIVE
EA
$325.DO
A.
$1,30DA3
REMOVAL OF EXISTING STRI PING (FLAILING M ETHOD ONLY
LS
$2,D3D.D0
1.
$2,05DA3
WILL LEAVE MARKS) - PHASE 1 HACKBERRY DRIVE
TRAFFIC CONTROL - PHAS E 1 HACKBERRY DRIVE
LS
$5,50D.DO
1.
$5,90DM
MAINTENANCE BONDS 2 YEAR 10C%- PHASE 1 HACKBERRY
LS
$12,73D.DO
1.
$12,75DA3
DRIVE
5?J&FOTALPHASE I
196172I.65
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MEADOW VISTA
mw
awe • I MWAMW WOW 9 IMM w
B' f0.0D0 PSI) REINF. CDNC STREET PAVEMENT - PHASE 2
SY
$51k1 5
9,612.
$57D.567M
HAOCBERRY DRIVE
B' SUBGRADE PREPARATION - PHASE 2 HACKHMRY DRIVE
SY
$3.DO
113,551).
$31.65DA}
HYDRATED LIME;360FJM - PHASE 2 HACKBERRYDRISfE
TON
531S.D0
19D.
$59,65DA0
5 CONC. 51 DE NAL K - PHASE 2 HACKBERRY DRIVE
SF
$7.15
7,65D.
$54,697-50
10' CONC SIDEWALK - PHASE HAACBERRYDRIIE
SF
$IL70
16,351.
$142.253.70
BARRIER FREE RAMP fTYPE Q - PHASE 2 HACKBERRY DRIVE
EA
$2.75D.DO
A.
$11.00DDO
MOW RAMP - PHASE 2 HACKBERRY DRIVE
EA
$2.60D.DO
2.
5S.20DA0
SAWCLIT& REMOVE EXIST. CURB - PHASE HACKBERRY DRIVE
LF
$3D.DO
123.
53.69DA}
REMOVE EMSF. SIDEWALK- PHASE 2 HAOCBERRYDRIME
LF
$25.DO
113.
52.MJ)O
STOP SIGN - PHASE 2 HACKBERRY DRIVE
EA
$85.DO
1.
$85A]
STREET NAME BLADE PAIR - PHASE 2 HACKBERRY DRIVE
EA
$365.DO
1.
$38510
5 PEED U MIT SIGN - PHASE 2 HACKBERRY DRIVE
EA
5365.DO
2.
MDA}
A' DASHED WHITE STRIPING - PHASE 2 HACKOMRY DRIVE
LF
$1.50
3.194.
$4.791 A}
B' SOU D WHITE STRIPI NG - PHASE 2 HACKBERRY DRIVE
LF
$2.75
249.
$68A.75
LEFT TURN ONLY ARROW -PHASE 2 HACKBERRY DRIVE
EA
$325.DO
2.
$65DDO
STOP BAR - PHASE 2 HACK13ERRY DRIVE
EA
$25D.DO
1.
$25DDO
REK40VAL OF EXIST- STRIPING fILY FLAILING METHOD ONLY
LS
$2 50DDO
1
52 50DA]
WILL LEAVE MARKS) - PHASE 2 HACKRIRRY DRIVE
TRAFFIC CONTROL - PHASE 2 HACKBERRY DRIVE
LS
$5.DOD.DO
1.
55.00DA]
MAINTENANCE BONDS - PAVING (2 YR, 100%1 - PHASE 2
LS
$12.75D.DO
1.
$12.75DA}
HAOCBERRY DRIVE
SU& TOTAL PKASF 2 S909,599:75
TOTAL STREET#ALLEY Pr%9NG i 1,87X321_60
F. RETAINING WALLS ftnc -- Sex nouns for aoVitivoaf fi*rrnotion
EL MISCELLANEOUS F EMS Mona -- See nNes for additiomof o �armotion
FL LANDSCAPING f'lcnc -- SrenNes for additiomof o-armotion
I. EEVELOPMENT FEES
MUNICIPALITY & JUMSDICI10NAL FEES
PAVING INSPECTION FEE PERCENT 4.0% $ 1.EVU21.60 $75.50D10
DRAINAGE INSPECTION FEE PERCENT 4.0% $ 7 .331.10 $32, m
TOTAL DEMOPMENT FEES 5 1075mm
A. EXCAVATION
5
B_ SANrTARY SEWER SYSTEM
5
C. STORM SEWER SYSTEM
5 790,331.10
D. WATER DISTRIBLITION SYSTEM
5
E. STREET & ALLEY PA19 NG
5 1,11T8.321.60
F. RETAINING WALLS
5 -
G_ MISCELLANEOUS ITEMS
5
H. LANDSCAPING
5
I. DEVELOPMENT FEES
5 107.500A3
SUE -TOTAL
Q.77C, T52_70
OVERALLCOrR7NwKrEs.
lc%
#27RGUL }
EOTCo+w
0 COSTJLOT.•
2f OF5TREdT.
- COSFJ EF of 57RFFT.
PlFFDFUaOJ}AStEAO7SAGE
doo C0ST/DZ9E"A6LfrACRE
-
TOTAL GROSSACRSAGF.
auo COST1GA=ACR8
-
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MEADOW VISTA
A. EXCAVATION
CLEAR] NG AND GRUBBING - ROW - PHASE 1 RESIDENTIAL
,ACRE
$20D.DO
11 J58
$7,33&w
UNCLASSIFIED EXCAVATION - ROW - PHASE 1 RESIDENTIAL
CY
$3.1 O
67,1335.
$269,8D6.5D
SU& TOTAL RESJDOObU
FZ140.50
HA€MERAY DRIVE
CLEAR] NG AND GRUBBING - PHASE 1 HACKBERRY DRIVE
,ACRE
$2,1)OD.D0
A-14
$$2133.OD
HAUL OFF TREES -PHASE 1 HAn(BERRYDRrVE
LS
$14,6.3D.130
1.
$14,850AD
UNCLASSIFIED EXCAVATION - PHASE 1 HACKBERRY DRIVE
CY
$3.DO
9,590.
526,770.3D
SU& TOTAL RAfX8FRIPYD9XF fS T,910RQ0
TOTAL ENCAVATTDN 3211,04"
IL SANITARY SEWER SYSTEM
CONNECT TO EXISTING B' SEWER MAIN - PHASE 1 RESI DENTAL
EA
$1,163.66
3.
$3, 551.5&
It' SDR-26 P.VX_ PIPE MSTM D30341 - PHASE 1 RESIDENTIAL
LF
$63.11
912.
$73,79632
IL' SDR-35 P.VX_ PIPE MSTM D30341 - PHASE 1 RESIDENTIAL
LF
$66A2
61159.
$541,92CL711
END & PLUG 9' P_V_C - PHASE 1 RESI DENTLLL
EA
$53.37
1.
$5337
5 DIAMETER DROP MANHOLE VENTED TYPE'S' WITH BOLTED
EA
$43,595.D2
1.
$43 59a02
MANHOLE COVER -PHASE 1 RESIDENTIAL
4 DIAMETER MANHOLE -PHASE 1 RESIDENTIAL
EA
$61966.13
26,
$233,63939
4' SERVICE LINES p NCLLIDING WYE CONNECTION) - PHAS E 1
FA
$1.112.76
263.
$29Z655-W
RESIDENTIAL
4' SERVICE LINE jCONNECTTO EXISTING WYEI - PHASE 1
EA
$1,266.38
9.
$11,59&42
RESIDENTIAL
MANHOLE VACLIUM TESTING - PHASE 1 RESIDENTIAL
EA
513IL75
27.
$3,746.25
TRENCH SAFETY - SEWER - PHASE 1 RESIDENTIAL
LF
$D.78
$1371.
$7.07539
TESTING (EXCLLIDING GEOTECHI -SEWER - PHASE 1
LF
$1.93
9,D71.
$17,5D7A3
RESIDENTIAL
MAINTENANCE EIONDS a YEAR 1 DOTS) - PHASE 1 RESIDENTIAL
LS
$17,166.D4
1.
$17,166M
SU& TOTAL Rd3JDDOUL
S (_4! 3_ 2 j
HA€IDlERAY DRNE
CONNECT TO EXISTING B' SEWER MAIN - PHASE 1 HACKBERRY
EA.
$1,163.66
1.
$1,163A6
IL' SDR-35 P.VX_ PIPE;ASTM D30341 - PHASE 1 HA.CKBERRY
LF
$67A8
44.
$2,960.12
DRIVE
4 DIAMETER MANHOLE -PHASE 1 HACKBERRY DRIVE
EA.
$%ol.99
1.
$9on-99
MANHOLE VACLIUM TESTING - PHASE 1 HACKBERRY DRIVE
EA.
$13ILT5
1.
$13&75
TRENCH SAFETY - SEWER - PHASE 1 HAO(BERRY DRIVE
LF
$D.53
44.
$2332
TESTING (EXCLUDING GEOTECHI -SEWER - PHASE 1
LF
$1.11
44.
$46.84
HACKBERRYDRIVE
MAINTENANCE EFONDS a YEAR 1 D)TS) - PHASE 1 HACKBERRY
LS
W3.130
1.
$833AD
DRIVE
SU& TOTAL kAfXRERIPYDRfVF
fl5,139&9
TOTAL SANFTARY SEWER SYSTEM
i
V63,46339
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MEADOW VISTA
L�- Toe I a._.,-1- ZS o, I &. 4mif
1• STORM SEWER MYEM
18' RC}. INC- WYES. BENDS. ETC - PHASE 1 RESIDENTIAL
LF
5102.1
936.
$95.&AJD1
21' RC}. INC- WOES. BENDS. ETC - PHASE 1 RES IDENTIAL
LF
51113.113
1.354.
$1513,063M
24' RCP. INCL WYES. BENDS. ETC - PHASE 1 RES IDENTIAL
LF
$12B.D8
1.&M.
$21 D,36332
27' RCP. INC_ WYES. BENDS. ETC - PHASE 1 RESIDENTIAL
LF
$131.66
445.
$67,48&70
30' RC}. INC_ WYES. BENDS. ETC - PHASE 1 RESIDENTIAL
LF
5163.72
579.
$94,T9318
36' RC}. INC- WYES. BENDS. ETC - PHASE 1 RESIDENTIAL
LF
$209.55
1,61D.
$337.375-50
42' RCP. INCL WYES. BENDS. ETC - PHASE 1 RES IDENTIAL
LF
$2T1.135
312.
$84 5om
48' RC}. INC- WYES. BENDS. ETC - PHASE 1 RES IDENTIAL
LF
5332.58
232.
$77.15836
4 X3' RCB, INCL. WYES, BENK ETC - PHASE 1 RESIDENTIAL
LF
$409.D0
29&
$121,682A0
RUBBER GASKET PIPE ;DELTA ONLY, RC3INCLABOVE} - PHASE
LF
$2D.DO
176.
$3,32DA]
1 RESIDENTIAL
4 STORM SEWER MANHOLE - PHASE 1 RESIDENTIAL
EA
$4,995.DO
12.
$59,94DM
5 STORM SEWER MANHOLE - PHASE 1 RESIDENTIAL
EA
$65105.D0
2.
$12,21DA]
4 X 4' DROP INLET -PHASE 1 RESIDENTIAL
EA
SA382.50
2.
$12,765A0
10' STANDARD CURB IN LET - PHASE 1 RESIDENTL4L
FA
$5,93&50
36.
$213,T86A3
12' STANDARD CURB IN LET - PHASE 1 RESIDENTL4L
FA
$65661).130
2.
$13,32DA0
1 5' STANDARD CURB IN LET - PHASE 1 RESIDENTIAL
EA
$7,7TD.DO
1.
$7,T7DA]
INLET PROTECTION - PHASE 1 RESIDENTIAL
EA
$333.130
41.
$13.653"
30' CH-FW-0 HEAI WALL - PHASE 1 RESIDENTIAL
EA.
$3,524.25
1.
5332425
30' 4.1 SLOPED END HEADWALL - PHASE 1 RESIDENTIAL
EA
$3,524.25
1.
$3,32425
36' &1 SLOPED END HEADWALL - PHASE 1 RESIDENTIAL
EA
$4,1)31.50
1.
$4,051-50
48' 3-1 SLOPED END HEADWALL - PHASE 1 RESIDENTIAL
EA
$4,939.50
1.
$4,93930
4 X3' CH-SW-0 HEADWALL - PHASE 1 RESIDENTIAL
EA.
$8,325.130
1.
R325M
TYPE A<DRY ROCK RIPRAP -PHASE 1 RESIDENTIAL
SY
5111.D4
69.
$7,659"
TRENCH SAFETY - STORM - PHASE 1 RESI DENTAL
LF
$DA4
TAM.
$3,26DA0
MAINTENANCE BONDS a YEAR 1 DO%) - PHASE 1 RESIDENTIAL
Ls
$17,166.D0
1.
$17,16&W
SU&TOTAL RES000bU
#I,624910-52
CONNECT TO E ]SANG STORM DRAIN - PHASE 1 HACKBERRY
DRIVE
18' RCP. INCL WYES. BENDS. ETC - PHASE 1 HACKBERRY DRIVE
24' RC}. INC- WYES. BENDS. ETC - PHASE 1 HACKBERRY DRIVE
4 X 3' RCB, INCL. WYES, BENK ETC - PHASE 1 HACKBERRY
DRIVE
5 STORM SEWER MANHOLE - PHASE 1 HACKBERRY DRIVE
10' RECESSED CURB I NLET - PHASE 1 HACKBERRY DRIVE
1 5' RECESSED CURB I NLET - PHASE 1 HACKBERRY DRP1E
INLET PROTECTION - PHASE 1 HACKBERRY DRIVE
18' CH-FW-31) HEADWALL - PHASE 1 HACKBERRY DRIVE
REMOVE EXISTING 4 X 3' HEADW BALL -PHASE 1 HACKBERRY
DRh'E
TYPE A<DRY ROCK RIPRAP - PHASE 1 HACKBERRY DRIVE
TRENCH SAFETY - STORM - PHASE 1 HACKBERRY DRIVE
MAINTENANCE BONDS ;2 YEAR 1 DO%) - PHASE 1 HACKBERRY
DRh'E
HA€KEERAY DRIVE
EA $1,261.59 1. $1,261-59
LF $102.D8
33D.
$33,61"D
LF $135A8
fill
$9,212.64
LF 5365.23
39.
514,243-97
EA. $65105.D0
1.
$6,1D5-M
EA $65216.DO
3.
516,fi46.10a
EA $8,103.DO
1.
$6,1133M
EA. $333.DO
A.
$1,332AC'
EA. $2,03D.130
1.
$2,B5W)D
EA. $1,D11.B4
1.
$1,011-84
SY 5111.D0
1D.
$1.11CLOD
LF $DA6
437.
$21)1A2
LS $B33.D0
1.
$8 KM
SU&TOTAL RACKHERIPYACNF PD459&46
TOTAL STORM SEWER SYSTEM 1,737,SOBSE
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MEADOW VISTA
D- WATER 615TWBUTION SYSTEM
9' P-wc WATERLINE - PHASE 1 RESIDENTIAL LF $3D.A9 9,593. $"m35D37
CON NECT TO EXISTING 16' WATERLINE fOJT-IM - PHASE 1
EA
$S,A71kS6
1.
55,47636
RESIDENTIAL
9' X r TEE - PHASE 1 RESIDENTIAL
EA
$902.3A
&.
$7,21 TL72
16' X S' TEE - PHASE 1 RESIDENTL4L
EA
$3,D66A3
1.
$3,0a&4.3
&' GATE VALVE & BOX - PHASE 1 RESIDENTIAL
EA
$2.557.53
29.
$7A.16& 37
16' BUTTERFLY VALVE -PHASE 1 RESIDENTIAL
EA
$43,736123
1.
W.73623
2' AUTOMATIC FLLIS H VALVE - PHASE 1 RESIDENTIAL
EA
$7,157.52
A.
$A63DAB
1' SI NGLE WATER SERVICE fINCLLIDING METER BOX} - PHASE 1
EA
$1.162.33
272.
$321.593-76
RESIDENTIAL
2' SI NGLE WATER SERVICE fINCLLIDING METER BOX} - PHASE 1
EA
$2.715.37
1.
52.71537
RESIDENTIAL
2' IRRIGATION METER - PHASE 1 RESIDENTIAL
EA
$2,509.99
2.
$5,01998
WATER SAMPLING STATK]N - PHASE 1 RESIDENTIAL
EA
$3.D(A.28
1.
$3,00A2a
A' PVC SLEEVE - PHASE 1 RESIDENTIAL
LF
$16,14
Usk
$17,01136
FIRE HYDRANT ASS EMBLY (INCL. LEAD.TK VALVE, AND Bp)T -
EA
$G636.69
17.
$112.62336
PHASE 1 RESIDENTIAL
STEEL ENCASEMENT- PHASE I RESIDENTLAL
LF
$17AA4
14D.
$2A,421.60
TRENCH SAFETY -WATER - PHASE 1 RES IDENTIAL
LF
$D.30
9,593.
$2,67790
TESTING (E)(CLLIDING GEOTECHI - WATER - PHASE 1
LF
$1.53
9,593.
$1A,67723
RESIDENTIAL
MAINTENANCE BONDS;2 YEAR, i D61S) - PHASE 1 RESIDENTL4L
LS
$17,166.130
1.
$17,166k3
SU& TOTAL AESAD04TTAL
S I,167,98726
HA€IMERRY DRrVE
&' P-V_C WATERLINE - PHASE 1 HACKBERRY DRIVE
LF
$35.56
A01.
522.279-56
CON NECT TO EXISTING 16' WATERU NE f0 TT-IM - PHASE 1
EA
$S,A7&56
1.
$5.47&56
HACNBERRYDRIVE
16' X 6' TEE - PHASE 1 HACKBERRY DRIVE
EA
$3,D66.A3
1.
$3,OaU3
9' GATE VALVE & BOX - PHASE 1 HACKBERRY DRIVE
EA
$2.557.53
1.
$2,557-53
16' BUTTERFLY VALVE -PHASE 1 HACKBERRY DRIVE
EA
$43,736,23
1.
$43,736.23
TRENCH SAFETY -WATER - PHASE 1 HACKBERRY DRIVE
LF
$D.23
401.
$9223
TESTING (EXCLLIDING GEOTECHI - WATER - PHASE 1
LF
$2.10
A01.
$A42iD
HACKBERRYDRIVE
MAINTENANCE BONDS a YEAR, 1 DO%) - PHASE 1 HACKMRV
LS
W3.DO
1.
$833AD
DRIVE
SU& TOTAL .WACXBFRIP YDRXF
f T$ 910.5-154
TOTAL WATER D1671A161f114H SYSTEM
i
1Z4fL6B5S0
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 70
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 81 of 111
MEADOW VISTA
.�,aro-�r.�-a..r..e■ �ioe f a�.,o� cse.,� f ss..auax�,r
F STREET#ALLEY PAVING
TL' f4,0D0 PSI) REINF. ODNC STREET PAVEMENT - PHASE 1
SY
$3&1 5
290.
$16,663_50
RESIDENTIAL
6' f4,000 P51) REINF. CDNC STREET PAVEMENT - PHASE 1
SY
$49.60
36,673.
51.61Ii,98DB0
RESIDENTIAL
TL' SUBGRACE PREPARATION - PHASE 1 RESIDENTIAL
SY
$3.D0
335.
51,005"
6' SUBGPADE PREPARATION - PHASE 1 RESIDENTIAL
SY
$2.75
31883.
$106,92IL25
HYDRATED LIME 060FIM - PHASE 1 RESIDENTIAL
TON
531 S.DO
706.
$222,39DA0
AC PARKING LOT6' (A,DOO PSI} REINF-CONC. STREET
SY
$39.80
1.174.
$7D.M-W
PAVEMENT - PHASE 1 RESI DENTAL
AC PARKING LOT6' SLIEGRADE PREPARATION - PHASE 1
SY
$2.75
1.256,
53,454M
RESIDENTIAL
AC PARKING LOT HYDRATED LIME f364/SY) - PHASE 1
TON
5315.DO
23.
57,245A]
RESIDENTIAL
PAVEMENT HEADER - PHASE 1 RESIDENTIAL
LF
$15.D0
126.
51,92DM
STREET URRIC4DE - PH45E 1 RESIDENTIAL
EA
$1,6TS.D0
A.
56JODA0
REMOVE BARRICADE & CDNNECrDa5TING PAVEMENT -
EA
$BD.DO
1.
$85DA]
PHASE 1 RESIDENTIAL
5 CONC. SIDEWALK -PHASE 1 RESIDENTIAL
SF
$7.1 5
3,B85.
$27,T77-75
OPEN SPACE 5 CONC. SIDEWALK - PHASE 1 RESIDENTIAL
SF
$7.1 5
126.
$915-W
OPEN SPACE 10' CONC SIDEWALK - PHASE 1 RESIDENTIAL
SF
$11,70
12A65.
$10.1"5_50
AC CDNC 5' SIDEWA.LK - PHASE 1 RESIDENTIAL
SF
$7.1 5
3.656,
$26,14DAO
AC ODNC6' SIDEWALK -PHASE 1 RESIDENTIAL
SF
$7.50
955.
57,16230
BARRIER FREE RAMP (TYPE k - PHASE 1 RESIDENTIAL
EA
$2,731).DO
21).
$55,00DA]
BARRIER FREE RAMP (TYPE Q - PHASE 1 RESIDENTIAL
EA
$2,7313.130
IL
$22,0013M
BARRIER FREE RAMP MID -BLOCK} - PHASE 1 RESIDENTIAL
EA
$2,33D.130
6.
$14,10DA0
AMENITY BARRIER FREE RAMP fMID-BLOCKI - PHASE 1
EA
$2,3313.130
2.
$4,70DA0
RESIDENTIAL
CE1LI PAD-g)A -PHASE 1 RESIDENTIAL
EA
$1,1101).130
1.
51,60DA]
CBLI PAD- ISX4' - PHASE 1 RESIDENTIAL
EA
$2,20D.130
3.
KE;DDM
STOP SIGN - PHASE 1 RESI DENTAL
EA
W.DO
16,
51,36DA0
STREET NAME BLADE PAIR - PHASE 1 RESIDENTIAL
EA
5365.DO
11L
SG93DA0
SPEED UMrrSIGN- PHASEI RESIDENTIAL
EA
5385.130
2.
$77DA]
WARNING SIGN {W -JIAP} -PHASE 1 RESIDENTIAL
EA
536S.D0
2.
$T7DA0
STOP BAR - PHASE 1 RESIDENTIAL
EA
523D.DO
3.
$75DA0
MAINTENANCE BONDS - PAVING (2 YR. 100%1- PHASE 1
LS
$20,731).130
1.
$20,75DA0
RESIDENTIAL
TOTAL S11REE7 & ALLEY PAWNG
3S7q,S13-14
V SErAININ43 WALLS ftnr -- See notm for aoWitmmaf 6*rmufion
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 71
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 82 of 111
MEADOW VISTA
CL MISCELL&NEOUS ITEMS
EROSION CONTROL
SILT FENCE
LF
$1.90
1DA17.
$19,79230
CURLER
LF
$1.10
22,&32.
$25.11520
CONSTRUCTION ENTRANCE
EA
$301).DO
2.
$6,OODM
EROSION BLANKET
SY
$5.1)0
4.771.
$23,655A]
STREET LIGHTS
STREETLIGHT
EA
$S,DOD.DO
23.
$11S.ODD10
STREET LIGHTQDURIE HEAPED)
EA
$S,26D.D0
11.
$58,0aDA0
A' ELECTRIC CONDUIT
LF
$12.DO
1,33D.
$15,90M
BONDS & PKUING
PERCENT
alp% $
10.1)AD.DO
WOODA]
TOTALMIBCIELLANEOUS ITEW
MA0250
FL LANDSCAMNG f fo a--
1. DEVELOPMENT FEES
MUNICIPALITY & JURISDICI16NAL FEES
WATER INSPECTION FEE
PERCENT
4.0% $
1,246,98S.90
$5D,00DA0
SEWER INSPECTION FEE
PERCENT
4.0% $
1,263A33.29
$51,00DM
PAVING INSPECTION FEE
PERCENT
alp% $
2,57D,513.10
$103,04DA]
DRAINAGE INSPECTION FEE
PERCENT
alp% $
1,727,SO&9a
$6$34DA]
PARK FEE
LOT
$D.DO
2611
$DA}
PRELIMINARY PLAT FEE
LS
$3,16D.D0
1.
$3,18DA}
FINAL FLAT FEE
LS
$3,16D.DO
1.
$3,18DM
ENGINEERING CIVIL PLAN REVIEW FEE
LS
5907.50
1.
$90730
PROFESSIONAL FEES.
PLANNINQENTITLEMENT
LOT
$3013.130
2611
SWAODA]
ENGINEERINCYSURVEYING - PHASE 1
LS
$967,92D.DO
1.
$687,92DA}
FINAL CEOTECHNIC4L REPORT &TESTING
LOT
$33D.DO
2611
$93,60DA0
FRANCHISE FEES
CAS DISTRIBUTION FEE
LOT
$1,DOD.DO
2611
$26f1OODA0
ELECTRIC DISTAIRLITK3N FEE
LOT
31,DOD.DO
2611
$266 JDO
TOTAL CEVELOPMENT FEES
1,87tA,66750
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 72
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 833 of 111
MEADOW VISTA
N-1mim-0- L� woe I a 4-9. Z5.0� I &. u,MLf
A. EXCAVA71ON
S 324,04&50
B SAN ITARY SEWER SYSTEM
1,263AD-29
C. STORM SEWER SYSTEM
1,T27,50a.9B
D. WATER DISTRISLITION SYSTEM
1,246,1365.90
E. STREET & ALLEY PAVI NG
2,570,513.10
F. RETAINING WALLS
G- MISCELLANEOUS ITEMS
271,60230
H.LANDSCAPING
-
I. DEVELOPMENT FEES
1,1178,967.50
SLYi- TOTAL
i9426.3,075_77
D VER4tt COtMNrMCf ff
1 D%
"2$100-60
EOTCa+jw:
268
COSTJLOr..
$34-m
JiDFSTREET.
?2,871
COST/LFOFSTKET.
Iwo
AfTDFUgO➢ABLEACREAGE
SE73
COST/DFVE"A&EACyPE'
SP& ?09
TOM CROLNAJ RrAGf.
65-75
COSTICRo33ACRE-
s?S5,d00
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 73
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 84 of 111
MEADOW VISTA
Lan II t...A. 3. 1u,ti.., I1. ou
A. EICCAVATIION
CLEARING AND GRUBBING - LOTS - PHASE 1 RESIDENTIAL
ACRE
$20D.DO
5736
511ATLm
HAUL OFF TREES -PHASE 1 RESIDENTIAL
LS
$31.975.1)0
1.
$51.975M
UNCLASSIFIED OrAVATION - LOTS - PHASE 1 RESIDENTIAL
CY
$3.10
289.1a5.
$8K3193D
ROUGH LOT BENCHING -1- 09' - PHASE 1 RESIDENTIAL
EA
$11 D.DO
325.
$33,750AD
FINAL LOT BENCHING t/-0.3' - PHASE 1 RESI DENTAL
EA
5275.DO
2611
$73,7WM
INSTALL 6 MI L POLY - PHASE 1 RESIDENTIAL
EA
5575.DO
2.
$1.150AD
PROCESS & PLACE UTILITY SPOILS - PHASE 1 RESIDENTIAL
CY
$3.50
1A.20D.
$49.7WM
STOCKPILE IN PHASE 2 -PHASE 1 RESIDENTIAL
CY
$D.30
2A.576.
$7.3TLW
STOCKPILE IN PHASE -PHASE 1 RESIDENTIAL
CY
$D.30
113,771).
$34,131AD
STOCKPILE IN PHASES -PHASE 1 RESIDENTIAL
CY
$D.30
19D.125.
$57.037.5D
TEMPORARY LOW WATER CROSSING - PHASE 1 RESIDENTIAL
LS
$13.DOD.DO
1.
$13,0D0.0D
TOTAL E NCAVATIIDN
1�31,H36TA0
B_SANrrAAYSEWER SYSTEM ffo c-- SEE mohstor additioo f&Va=otio
LSTDRM SEWER SYSTEM I%fwc -- 3eenotrs foradditearaf v ormotion
D_WATER DISTRIBUTION SYSTEM I%fwc -- SEEmohe tor additiom f &Va=otio
E_ STREET & ALLEY PAVING I%fwc-- SEE mohstor additioo f&Va=offo
F_ RETAINING WALLS
2 RETAINING WALL
LF
$6D.DO
A.274.
$256,44DA3
3 RETAINING WALL
LF
$7D.DO
1,821.
$127.47DA3
A RETAINING WALL
LF
$BD.DO
1.90D.
$152,00DA0
5 RETAINING WALL
LF
513D.DO
A32.
$56,16DA3
6 RETAINING WALL
LF
517D.DO
15&
$26,66DA3
7 RETAINING WALL
LF
522D.DO
76.
$16j2DA3
Il RETAINING WALL
LF
$27D.DO
3D.
$6imm
9 RETAINING WALL
LF
$34D.DO
1D.
51.40DA3
1 VRETAINING WALL
LF
$1111).DO
1D.
$4,10DA3
I V RETAINING WALL
LF
$1913.1)0
ID.
$4,90DA0
12' RETAINING WALL
LF
$57D.DO
1D.
$5.70DA3
13' RETAINING WALL
LF
$66D.DO
1D.
K60DA3
14'RETAININGWALL
LF
$73D.DO
1D.
$7.50DA3
1 5' RETAINING WALL
LF
$&3D.DO
A36,
$37D.60DA3
YOYAL RETAIN ING YMLLS
i jws5+d_00
G, MISCELLANEOUSITEMS ffl c-- 3eeno7esforaddiTeamofd ormotion
FL LANDSCAMNG
AMENITYCE4TER
LS
$1.500,D0D.D0
1.
$1,30D.0mm
MINOR ENTRY SIGN
EA
$2D,D0D.D0
1.
$2D.WDM
MAJOR ENTRY SIGN
EA
$41),DOD.DO
1.
$AD.00DA0
6 MASONRY SCREENING WALL WfldASONRY COLUMNS
LF
$13D.D0
2.D26.
$301."J)3
IRRIGATION AND SOD
SF
$1.25
37!).U3.
$47A.603.75
LANDSCAPING TREES
EA
$50D.DO
8D.
$41),C0DA3
Y0YALLANOSGAPING
6
3.17km_75
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 74
SERVICE AND ASSESSMENT PLAN
2024 - 2024000085672 07/16/2024 02:44 PM Page 85 of 111
MEADOW VISTA
L a n II t... A-3. 1u,ti.., 1 1. u u
1, DEVELOPMENT FEES
PROFESSIONAL FEES
ENGINEERINC4URVPYING - PFIASE 1 PRA+ATE LS 5221,96D.DO 1. $Kl.%DA3
LANDSCAPING PERCENT 6.0% $ 2,37&703.75 $143,OODA3
YOTALDEVELOPMENT FEES i J61A,98O-04
A- E)ffAVAl10N
$ 1,231.07.113
B- SAN17ARY SEWER SYSTEM
$
C. STORM SEWER SYSTEM
$
D. WATER DISTRIBLMON SYSTEM
$
E. STREET a ALLEY P& I NG
$
F. RETAINING WALLS
$ 1.15M.590.130
G- MISCELLANEOUS ITEMS
$ -
H.LANDSCAPING
$ 2.378.703.75
I. DEVELOPMENT FEES
$ 36d,980A3
SLJB- TOTAL
f5,021,S7155
OVER4LLCOmn i%wcrEs
1D%
;502.-'DD 7
Eorcodff
268 co5TJ1oT.-
$29,7w
4FOr5TRf7
- cosrJcrofs7J ET
-
fYfTDFVIaO AfitfACR&AGF-
am COSTIDEYE"ASLf,ACIEE
-
TOTAI GROi5NACRSAGf.
aco COSTIGROSS,ACRB
-
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 75
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 86 of 111
MEADOW VISTA
m..g ate-..�...d�
A, EXCAVATION
a.ft x 1 a. A..W d?A&. E M. . fur
CLEAR] NG AND GRUBBING - ROW - PHAS E 2 RESIDENTIAL ACRE $2,60D.D0 Dm $1,014AD
PLACE FILL - ROW - PHASE 2 RESIDENTL4L CY $3.D0 591. $1,7TW
SU& TOTAL RFSJ EAUlo ! IZ78700
HACUERRY DRIVE
CLEAR] NG AND GRUBBING - PHASE 2 HACKBERRY DRIVE
ACRE
$1.91 S.D0
4S7 $6,294 55
H♦kUL OFF TREES - PHASE H♦ CKBERRYDRIVE
LS
$14,03D.D0
1. 514,850AD
UNCLASSIFIED BrAVAMON - PHASE 2 HACKBERRY DRIVE
CY
$3.D0
18,921). 556,76QDD
SU& TOTAL HAfXffERRYDRXF
M 9mss
TOTALEXCAVATION
8 E915S
& SANITARY SEWER SYSTEM
CONNECT TO EXISTING 9' SEWER MAIN - PHASE 2 RESIDIENTIAL
EA
$1,163.M
1.
$1.1ma
RAISE EStISTING MANHOLE RIM f*D.93'} - PHASE RESIDENTIAL
EA
$1.247.16
1.
$1247-16
&' SDR-26 P.Vr_ PIPE %STM D30341 - PHASE 2 RESIDENTIAL
LF
513D.12
147.
519,127-CA
IV SDR-35 P.Vr_ PIPE %STM D30341 - PHASE 2 RESIDENTIAL
LF
$64.26
221.
514,2D1-46
5 DIAMETER DROP MJLNHOLE -PHASE 2 RESIDENTIAL
EA
$31,508.9a
1.
$31, 5D698
4 DIAMETER MJLW HOLE - PHASE 2 RESIDENTIAL
EA
$&36G.1 EI
2.
$16,73296
A'SERVICE LINES IINCLUDING WYECONNECTION) - PHASE 2
FA
$1,121.71
7.
$7,851.97
RESIDENTIAL
MANHOLE VACUUM TESTING -PHASE 2 RESIDENTIAL
FA
513&75
3.
$116-25
TRENCH SAFETY - SEWER - PHASE 2 RESIDENTIAL
LF
$1.1)2
368.
$375 36
TESTING (EXCLUDING GEOTECHI -SEWER - PHASE 2
LF
$1.fA
3611
$6D3-52
RESIDENTIAL
MAINTENANCE BONDS;2 YEAR 1D07Sj - PHASE 2 RESIDENTIAL
LS
$1,333.D0
1.
$1,333m
TOTAL SAMRARYSEWER SVSTEM
i
9y,S6155
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 76
SERVICE AND ASSESSMENT PLAN
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MEADOW VISTA
L STORM SEWER SYSTEM
18' RCP. INCL WYES. BENDS. ETC - PHASE 2 RESIDENTIAL
LF
5104.33
137.
SIA.23321
30' RCP. INCL WYES. BENDS. ETC - PHASE 2 RESIDENTIAL
LF
5241.95
31.
$7,50DA5
A X a' DROP INLET -PHASE 2 RESIDENTLAL
EA
$6,362.50
1.
$6,38230
1 O' STANDARD CURB IN LET - PHASE 2 RESIDENTIAL
EA
$5,93&SO
1.
$5,93&=0
INLET PROTECTION - PHASE 2 RESIDENTIAL
EA
$333.130
2.
$666m
18' 4-1 SLOPED END HEADWALL - PHASE 2 RESIDENTIAL
EA
$209.75
1.
$2."!)-75
TYPE A DRY ROCK RIPRAP - PHASE 2 RESIDENTIAL
SY
$111.DO
21L
$3,10&0}
TRENCH SAFETY - STORM - PHASE 2 RESI DENTIJLL
LF
$D.57
16&.
$9576
MAINTENANCE BONDS (2 YEAR, 1DOR) - PHASE 2 RESIDENTIAL
LS
$1,333.DO
1.
$1,333A]
SU& TOTAL A E5JD00lU
#4I,787-1 T
HA€IMERAY DRIVE
18' RCP. INCL WYES. BENDS. ETC - PHASE 2 HACKBERRYDRPIE
LF
5101.57
68D.
$&9,3&1j6D
27' RCP. INCL VeIFS. BENDS. ETC - PHASE 2 HACKBERRYDRPIE
LF
$131).W
359.
$54,19&23
30' RCP. INCL WYE5. BENDS. ETC - PHASE 2 HACKBERRYDRPIE
LF
$164.17
17.
$2,79409
36' RCP. INCL W`M. BENDS. ETC - PHASE 2 HACKBERRYDRPIE
LF
$22A.D7
91.
$2Q39Q37
5 STORM SEWER MANHOLE - PHASE 2 HACKBERRY DRIVE
EA
$6,362.50
1.
$6,36251)
10' RECESSED CUR I NLET - PHASE 2 HACKBERRY DRIVE
EA
$6,216.1)0
6.
$37,29&W
INLET PROTECTION - PHASE 2 HACKBERRY DRIVE
EA
$333.DO
6.
$1,99EAD
TRENCH SAFETY - STORM - PHASE 2 HACKBERRY DRIVE
LF
$D.46
1.347.
$619A2
MAINTENANCE BONDS - STORM (2 YR.100%6 - PHASE 2
LS
$1701).D4
1.
$17,OD4-OD
HACKBERRY DRIVE
SU&TOTAL RACKHERRYD XF
PW,05721
YOTALFW1011SEWER SYSUM
m,E4&3ft
D- WATER DISTRJBUTION SYSTEM
B' P-VJC WATERLINE - PHASE 2 RESIDENTIAL
LF
$63A6
241.
$15,293B6
CONNECT TO EXISTING 16' WNTERL NE fO-TT-IM - PHASE 2
EA
$5,471L56
1.
$5,476.36
RESIDENTIAL
16' X S' TEE - PHASE 2 RESIDENTIAL
EA
$3,D66A3
1.
$3,08&A3
9' GATE VALVE & BOX - PHASE 2 RESIDENTIAL
EA
$2.557.53
2.
$5,115A6
16' BUTTERFLY VA.LYE - PHASE RESIDENTIAL
EA
$43,736.23
1.
$A3,73623
2' A. TTOM4TIC FLUSH VALVE - PHASE 2 RESIDENTLLL
EA
$7.157.52
1.
$7,15732
1' SINGLE WATER SERVICE fINCLLIDING METER BO)f - PHASE
FA
$1,251.31
7.
TA759-17
RESIDENTIAL
2' IRRN�AT101%1 METER - PHASE 2 RESIDENTIAL
EA
$2.264.64
1.
$2,284-E4
A' WC SLEEVE - PHASE 2 RESIDENTIAL
LF
$16.12
AID.
$6,97920
FIRE HYDRANT ASS EMBLY(INCL. LEAD. TEE VALVE, AND BO)) -
FA
$6,636.68
1.
$6,63&68
PHASE 2 RESIDENTIAL
TRENCH SAFETY -WATER - PHASE 2 RESIDENTIAL
LF
$D.39
2a1.
$9399
TESTING (ET(CLUDING GEOTECH) -WATER - PHASE 2
LF
$2.22
2a1.
$3.35-02
RESIDENTIAL
MAINTENANCE BONDS I2 YEAR 1DC%) - PHASE 2 RESIDENTIAL
LS
$1,333.DO
1.
51.333"
TOTALyWATER DI MIDUTIOH ShrSTEM
14fj,119- 6
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 77
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 88 of 111
MEADOW VISTA
m :.g ate- �
E STREET & r4LLEY PAVING
a.ft x 1 e.r ,b.W d?A&. I M . . JA" rJr
_...,_..,.. �_..._.. ._._._... ... __
SY
$5105
79.
$4,59335
RESIDENTIAL
V f4,000 PSI) REINF. ODNC-STREET PAVEMENT - PHASE 2
SY
$49.60
1.192.
RESIDENTIAL
$59,123-K
B' SUBGRADE PREPARATION - PHASE 2 RESIDENTIAL
SY
$3.130
93.
$273AO
6' SUSGRADE PREPARATION - PHASE 2 RESIDENTIAL
SY
$2.75
1.257.
$3,456-75
HYDRATED LIME 13601M - PHASE 2 RESIDENTIAL
TON
$315.DO
25.
$7,f#75A3
5 CONC. 51 DEINALK -PHASE 2 RESI DENTAL
SF
$7.15
597.
$4.260, 5
Clid PAD-4')Li - PHASE 2 RESIDENTIAL
EA
$1,501).DO
1.
$1,506A]
STOP SIGN - PHASE 2 RESI DENTIAL
FA
$85.DO
1.
$85A3
STREET NAME BLADE PAI R - PHASE 2 RESIDENTIAL
FA
$365.DO
1.
$385A3
STOP BAR - PHASE 2 RESIDENTIAL
FA
$23D.DO
1.
$25DA3
MAINTENANCE BONDS - PAVING (2 YR IW%l - PHASE 2
LS
$1,73D.DO
1.
$1,75DA3
RESIDENTIAL
TOTAL STREET#ALLEV Pr %fIHG
$
83,56& 5
F- RETAININP WALLS Mono- See notm for addiboraf v�onnotion
CL MISCELLAN EOUS ITEMS
EROSION CONTROL
SILT FENCE
LF
$1.90
3,28D.
$6,232A3
CURLER
LF
$1.10
3,95D.
$4,3ASA3
CONSTRUCTION ENTRANCE
EA
$3,DOD.DO
1.
$3,07DA3
EROSION BLANKET
SY
$5.D0
94D.
$4,7013DO
STREET LIGHTS
STREET LIGHT ;DOUBLE HEADED)
EA
$5,261).D0
B.
$a2,21DA3
BONDS & PHASING
PERCENT
alp% $
42,2413.130
$2,00DA3
TOTAL MISCELLANEOUS ITEMS
$
6W,517A4
Fi LANDSCAPING Mom— See notm for a616oaf it onnuffw
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 78
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 89 of 111
MEADOW VISTA
&ft x 1 d. A..W &?Ae I M. - JANcl
1, DEVELOPMENT FEES
MUNICIPALITY&JUFLLSDICTIONAL FEES
WATER INSPECTION FEE
PERCENT
dli)% $
106019.36
$4,50DA]
SEWER INSPECTION FEE
PERCENT
dli)% $
94.581.56
$4.0)DA]
PAVING INSPECTION FEE
PERCENT
dli)% $
133,56F05
53,50DA]
DRAINAGE INSPECTION FEE
PERCENT
4.0% $
271,841.38
$11,00DAO
CLOMR FEE
LS
$5D,DOD.DO
1.
$5D,00DA3
LOMR FEE
LS
$3D,DOD.DO
1.
$5D,00DA3
PARK FEE
LOT
$D.DO
7.
`iDA]
PRELIMINARY PLAT FEE
LS
557D.DO
1.
$57DA]
FINAL FLAT FEE
LS
557D.DO
1.
$57DA]
MRIGATIONALLOWANCE:
LS
$5D,DOD.DO
1.
$513,00DA0
ENGINEERING CIVIL PLAN REVIEW FEE
LS
5317.20
1.
$31720
FMtOFESSIONAL FEES
PLANNINr ENIM-ETMIENT
LOT
530D.DO
7.
52,10DA]
ENGINEERINCY'SURVEYI NG - PHASE 2
LS
5276%AOD.DO
1.
$276,40DDO
FINAL CEQTECHNICAL REPORT &TESTING
LOT
515D.DO
7.
52,45DM
FRANCHISE FEES
GAS DISTRIBUTION FEE
LOT
$1,1301).DO
7.
57,ODDA]
ELECTRIC DISTRIBUTION FEE
LOT
31,13013.130
7.
57,00DAO
TOTAL DEVELOPMENT FEES
469,40T34
A. E)EAVATION
S 8z69135
B- SAN rr&RY SEINER SYSTEM
S 94,58135
C. STORM SEVER SYSTEM
S 271,E4438
D. WATER DISTRIBLITION SYSTEM
S 106,1193E
E.STREET&ALLEY PAVING
S 83,56635
F. RETAINING WALLS
S -
G- MISCELLANEOUS ITEMS
S 6$517AD
H.LANDSCAPING
S
I. DEVELOPMENT FEES
S 469,40720
SLJ8- TOTAL
ff. F7Q 72740
OVER4ttC&%M i3OXfff
ID%
S11T,°-0moo
toTCO+Jm
T
COSTILor..
5PKPOO
4FDF5TRa7
190&
CosT/tFofYWLrT
$7W
AfTDFUaaPA8tEACRFAGE
t66
C0Sr1DF9E"A0IfACEE
w7iVw
TOTAIGROSSACRFAGF.
C72
COST/GRMACRB
$?91,900
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 79
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 90 of 111
MEADOW VISTA
A6 EXCAVATION
CLEAR] NG AND GRUBBING - LOTS - PHAS E 2 RESIDENTIAL
ACRE
$2,60D.DO
237
$6,162AD
HAUL OFF TREES - PHASE RESIDENTIAL
LS
$11,1161).DO
1.
$11,8&]-46
PLACE FILL - LOTS - PHASE 2 RESIDENTIAL
CY
$3.D0
7,618
$22,854AD
ROUGH LOT BENCHING .1- 03' - PHASE 2 RESIDENTIAL
EA
$11D.DO
7.
$770-46
FINAL LOT BENCHING t{-O.3' - PHASE 2 RESIDENTIAL
EA
$275.130
7.
$1,925-M
PROCESS & PLACE UTILITY SPOT LS - PHASE 2 RESIDENTIAL
CY
$3.50
2,915.
$1 Q2D2.5D
TEMPORARY LC?W WATER CROSSING - PHASE 2 RESIDENTIAL
LS
$AA,DOD.DO
1.
VAOD4-OD
TOTALEXCAVATION
97,79350
B-SANTTAAYSEWER SYSTEM
ffo c--
3ernovesfuaddiTeamofd-�ormotion
C- STFSRM SEWER SYSTEM
f fo c --
See naves fu addiTeamof d- onn otion
D-WATER DISTRIBUTION SYSTEM
f fl c --
See naves fu addileamof d onnotion
F-STRUT&ALLEYPA<VING
ffo c--
3ernovesfuaddiTeamofd- ormotion
2 RETAINING WALL
LF
$6D.DO
B89.
$53.MDA3
3 RETAINING WALL
LF
$71).DO
AID.
$2,64DA3
A RETAINING WALL
LF
$61).D0
71.
$5,68DA3
5 RETAINING WALL
LF
$13D.D0
142.
$1&46DA3
6 RETAINING WALL
LF
$1713.130
118.
$213,0613AO
7 RETAINING WALL
LF
$22D.DO
17.
$3,74DA3
B RETAINING WALL
LF
$27D.DO
3B.
$1D,26DA3
9 RETAINING WALL
LF
$34D.D0
77.
$26,18DA3
1 0'RETAINING WALL
LF
$41 D.DO
17.
$6,971)A3
1 1' RETAINING WALL
LF
$A913.130
11.
$5,30AO
12' RETAINING WALL
LF
$57D.DO
116.
$66,12DA3
13' RETAINING WALL
LF
$66D.DO
21.
$13,66DA3
1 A' RETAINING WALL
LF
$73D.D0
AD.
$3D,OODA3
TOTAL RETAIN ING VMLLS
24w-mg -FI4
CL MISCELLA4N EOUS FFEMS fyonc -- 3ee Holes fu addiTeamof d orniotion
FL LANDSCAPING
6 MASONRY SCREENING WALL W}MASONFLY COLUMNS LF
$1313.130 24D. $36,OODAO
IRRIGATION ANDSOD SF
$1.25 69.734. $112.167-50
LANDSCAPING TREES EA
$501).DO 84. $A2,OODA3
TOTAL LAN OSCARNG
19%16T50
1. DEVELOPMENT FEES
PROFESSIONAL FEES
ENGINEERINCYSURVEYING - PHASE 2 PRWA.TE LS $69,10D.DO 1. $6$10DA3
LANDSCAPING K PERCENT 6.0% $ 190.167.50 $11,301)A3
TOTAL DEVELOPMENT FEES SQ,6mm
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 80
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 91 of 111
MEADOW VISTA
0— a and - R.A.6ebr
A. EKAVkTION
S 97.7933a
B- SAN 17ARY SEWER SYSTEM
S
C. STORM SEVER SYSTEM
S
D. WATER DISTRIBLITION SYSTEM
S
E.SIREET&ALLEY PAL" NG
S
F. RETAINING WALLS
S Z6Z660i0
G- MISCELLANEOUS ITEMS
S -
H.LANDSCAPING
f 191M,15734
I. DEVELOPMENT FEES
f 8Q600A1)
SL Yi- TOTAL
Vdl.421M
OVERAttCU',7 Nr4NCfff
iD%
S °-0aw
toTCt'6'w
7 COSTILor..
4FDF5TRa7
- CDST/tFOF5717t:FT
-
P16 DEVE"AftfACRF GF-
am COST/DEYE"AALEACEE
TOTAI GROSSACRF GF.
a co COST/GROSS A4CR8
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 81
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 92 of 111
APPENDIX B — BUYER DISCLOSURES
Forms of the buyer disclosures for the following Lot Types are found in this appendix:
■ Improvement Area #1
o Improvement Area #1 Initial Parcel
o Lot Type 1
o Lot Type 2
[Remainder of page intentionally left blank.]
MEADOW VISTA PUBLIC IMPROVEMENT DISTRICT 82
SERVICE AND ASSESSMENT PLAN
2024 - 202400008.5672 07/16/2024 02:44 PM Page 93 of 111
MEADOW VISTA 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.
2024 - 202400008.5672 07/16/2024 02:44 PM Page 94 of 111
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
THE CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
IMPROVEMENT AREA #1 INITIAL PARCEL PRINCIPAL ASSESSMENT: $12,806,000.00
As the purchaser of the real property described above, you are obligated to pay assessments
to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the
"Authorized Improvements") undertaken for the benefit of the property within the MEADOW VISTA
PUBLIC IMPROVEMENT DISTRICT (the "District") created under Subchapter A, Chapter 372,
Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE
ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL
INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE
AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND
DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City of Anna. The exact
amount of each annual installment will be approved each year by the City of Anna City Council in
the annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from the City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing
of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information
of Obligation to Pay Improvement District Assessment.
2024 - 2024000085672 07/16/2024 02:44 PM Page 95 of 111
[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
2024 - 202400008.5672 07/16/2024 02:44 PM Page 96 of 111
[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
2024 - 202400008.5672 07/16/2024 02:44 PM Page 97 of 111
[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.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2024 - 202400008.5672 07/16/2024 02:44 PM Page 98 of 111
ANNUAL INSTALLMENTS — IMPROVEMENT AREA #1 INITIAL PARCEL
2025
$
-
$
802,636.88
$
64,030.00
$ (802,636.88)
$ 40,000.00
$
104,030.00
2026
$
189,000.00
$
713,455.00
$
64,030.00
$ -
$ 40,800.00
$
1,007,285.00
2027
$
198,000.00
$
704,241.26
$
63,085.00
$ -
$ 41,616.00
$
1,006,942.26
2028
$
208,000.00
$
694,588.76
$
62,095.00
$ -
$ 42,448.32
$
1,007,132.08
2029
$
218,000.00
$
684,448.76
$
61,055.00
$ -
$ 43,297.29
$
1,006,801.05
2030
$
229,000.00
$
673,821.26
$
59,965.00
$ -
$ 44,163.24
$
1,006,949.50
2031
$
240,000.00
$
662,657.50
$
58,820.00
$ -
$ 45,046.50
$
1,006,524.00
2032
$
252,000.00
$
650,957.50
$
57,620.00
$ -
$ 45,947.43
$
1,006,524.93
2033
$
267,000.00
$
637,097.50
$
56,360.00
$ -
$ 46,866.38
$
1,007,323.88
2034
$
282,000.00
$
622,412.50
$
55,025.00
$ -
$ 47,803.71
$
1,007,241.21
2035
$
298,000.00
$
606,902.50
$
53,615.00
$ -
$ 48,759.78
$
1,007,277.28
2036
$
314,000.00
$
590,512.50
$
52,125.00
$ -
$ 49,734.98
$
1,006,372.48
2037
$
332,000.00
$
573,242.50
$
50,555.00
$ -
$ 50,729.68
$
1,006,527.18
2038
$
351,000.00
$
554,982.50
$
48,895.00
$ -
$ 51,744.27
$
1,006,621.77
2039
$
371,000.00
$
535,677.50
$
47,140.00
$ -
$ 52,779.16
$
1,006,596.66
2040
$
393,000.00
$
515,272.50
$
45,285.00
$ -
$ 53,834.74
$
1,007,392.24
2041
$
415,000.00
$
493,657.50
$
43,320.00
$ -
$ 54,911.43
$
1,006,888.93
2042
$
439,000.00
$
470,832.50
$
41,245.00
$ -
$ 56,009.66
$
1,007,087.16
2043
$
464,000.00
$
446,687.50
$
39,050.00
$ -
$ 57,129.85
$
1,006,867.35
2044
$
491,000.00
$
421,167.50
$
36,730.00
$ -
$ 58,272.45
$
1,007,169.95
2045
$
519,000.00
$
394,162.50
$
34,275.00
$ -
$ 59,437.90
$
1,006,875.40
2046
$
550,000.00
$
364,320.00
$
31,680.00
$ -
$ 60,626.66
$
1,006,626.66
2047
$
583,000.00
$
332,695.00
$
28,930.00
$ -
$ 61,839.19
$
1,006,464.19
2048
$
619,000.00
$
299,172.50
$
26,015.00
$ -
$ 63,075.97
$
1,007,263.47
2049
$
656,000.00
$
263,580.00
$
22,920.00
$ -
$ 64,337.49
$
1,006,837.49
2050
$
696,000.00
$
225,860.00
$
19,640.00
$ -
$ 65,624.24
$
1,007,124.24
2051
$
738,000.00
$
185,840.00
$
16,160.00
$ -
$ 66,936.72
$
1,006,936.72
2052
$
783,000.00
$
143,405.00
$
12,470.00
$ -
$ 68,275.45
$
1,007,150.45
2053
$
830,000.00
$
98,382.50
$
8,555.00
$ -
$ 69,640.96
$
1,006,578.46
2054
$
881,000.00
$
50,657.50
$
4,405.00
$ -
$ 71,033.78
$
1,007,096.28
Total
$ 12,806,000.00
$ 14,413,326.92
$ 1,265,095.00
$ (802,636.88)
$ 1,622,723.23
$ 29,304,508.27
Footnotes:
[a] Interest on the Improvement Area #1 Bonds is calculated at a 4.875%, 5.50%, 5.75% rate for term bonds due 2031,
2044, and 2054 respectively.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual
Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the
amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2024 - 202400008.5672 07/16/2024 02:44 PM Page 99 of 111
MEADOW VISTA 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.
2024 - 202400008.5672 07/16/2024 02:44 PM Page 100 of 111
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
THE CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
IMPROVEMENT AREA #1 — LOT TYPE 1 PRINCIPAL ASSESSMENT: $43,856.16
As the purchaser of the real property described above, you are obligated to pay assessments
to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the
"Authorized Improvements") undertaken for the benefit of the property within the MEADOW VISTA
PUBLIC IMPROVEMENT DISTRICT (the "District") created under Subchapter A, Chapter 372,
Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE
ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL
INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE
AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND
DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City of Anna. The exact
amount of each annual installment will be approved each year by the City of Anna City Council in
the annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from the City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing
of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information
of Obligation to Pay Improvement District Assessment.
2024 - 202400008.5672 07/16/2024 02:44 PM Page 101 of 111
[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
2024 - 202400008.5672 07/16/2024 02:44 PM Page 102 of 111
[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
2024 - 202400008.5672 07/16/2024 02:44 PM Page 103 of 111
[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
2024 - 202400008.5672 07/16/2024 02:44 PM Page 104 of 111
ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 1
2025
$
-
$
2,748.76
$
219.28
$ (2,748.76)
$
136.99
$
356.27
2026
$
647.26
$
2,443.34
$
219.28
$ -
$
139.73
$
3,449.61
2027
$
678.08
$
2,411.79
$
216.04
$ -
$
142.52
$
3,448.43
2028
$
712.33
$
2,378.73
$
212.65
$ -
$
145.37
$
3,449.08
2029
$
746.58
$
2,344.00
$
209.09
$ -
$
148.28
$
3,447.95
2030
$
784.25
$
2,307.61
$
205.36
$ -
$
151.24
$
3,448.46
2031
$
821.92
$
2,269.38
$
201.44
$ -
$
154.27
$
3,447.00
2032
$
863.01
$
2,229.31
$
197.33
$ -
$
157.35
$
3,447.00
2033
$
914.38
$
2,181.84
$
193.01
$ -
$
160.50
$
3,449.74
2034
$
965.75
$
2,131.55
$
188.44
$ -
$
163.71
$
3,449.46
2035
$
1,020.55
$
2,078.43
$
183.61
$ -
$
166.99
$
3,449.58
2036
$
1,075.34
$
2,022.30
$
178.51
$ -
$
170.33
$
3,446.48
2037
$
1,136.99
$
1,963.16
$
173.13
$ -
$
173.73
$
3,447.01
2038
$
1,202.05
$
1,900.63
$
167.45
$ -
$
177.21
$
3,447.33
2039
$
1,270.55
$
1,834.51
$
161.44
$ -
$
180.75
$
3,447.25
2040
$
1,345.89
$
1,764.63
$
155.09
$ -
$
184.37
$
3,449.97
2041
$
1,421.23
$
1,690.61
$
148.36
$ -
$
188.05
$
3,448.25
2042
$
1,503.42
$
1,612.44
$
141.25
$ -
$
191.81
$
3,448.93
2043
$
1,589.04
$
1,529.75
$
133.73
$ -
$
195.65
$
3,448.18
2044
$
1,681.51
$
1,442.35
$
125.79
$ -
$
199.56
$
3,449.21
2045
$
1,777.40
$
1,349.87
$
117.38
$ -
$
203.55
$
3,448.20
2046
$
1,883.56
$
1,247.67
$
108.49
$ -
$
207.63
$
3,447.35
2047
$
1,996.58
$
1,139.37
$
99.08
$ -
$
211.78
$
3,446.80
2048
$
2,119.86
$
1,024.56
$
89.09
$ -
$
216.01
$
3,449.53
2049
$
2,246.58
$
902.67
$
78.49
$ -
$
220.33
$
3,448.07
2050
$
2,383.56
$
773.49
$
67.26
$ -
$
224.74
$
3,449.06
2051
$
2,527.40
$
636.44
$
55.34
$ -
$
229.24
$
3,448.41
2052
$
2,681.51
$
491.11
$
42.71
$ -
$
233.82
$
3,449.15
2053
$
2,842.47
$
336.93
$
29.30
$ -
$
238.50
$
3,447.19
2054
$
3,017.12
$
173.48
$
15.09
$ -
$
243.27
$
3,448.96
Total
$ 43,856.16
$ 49,360.71
$
4,332.52
$ (2,748.76)
$
5,557.27
$
100,357.91
Footnotes:
[a] Interest on the Improvement Area #1 Bonds is calculated at a 4.875%, 5.50%, 5.75% rate for term
bonds due 2031, 2044, and 2054 respectively.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan
Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other
available offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2024 - 2024000085672 07/16/2024 02:44 PM Page 105 of 111
MEADOW VISTA 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.
2024 - 202400008.5672 07/16/2024 02:44 PM Page 106 of 111
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
THE CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
IMPROVEMENT AREA #1 — LOT TYPE 2 PRINCIPAL ASSESSMENT: $52,627.40
As the purchaser of the real property described above, you are obligated to pay assessments
to the City of Anna, Texas, for the costs of a portion of a public improvement or services project (the
"Authorized Improvements") undertaken for the benefit of the property within the MEADOW VISTA
PUBLIC IMPROVEMENT DISTRICT (the "District") created under Subchapter A, Chapter 372,
Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE
ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL
INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE
AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND
DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City of Anna. The exact
amount of each annual installment will be approved each year by the City of Anna City Council in
the annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from the City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing
of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information
of Obligation to Pay Improvement District Assessment.
2024 - 202400008.5672 07/16/2024 02:44 PM Page 107 of 111
[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
2024 - 202400008.5672 07/16/2024 02:44 PM Page 108 of 111
[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
2024 - 202400008.5672 07/16/2024 02:44 PM Page 109 of 111
[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
2024 - 202400008.5672 07/16/2024 02:44 PM Page 110 of 111
ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 2
2025
$
-
$
3,298.51
$
263.14
$ (3,298.51)
$ 164.38
$
427.52
2026
$
776.71
$
2,932.01
$
263.14
$ -
$ 167.67
$
4,139.53
2027
$
813.70
$
2,894.14
$
259.25
$ -
$ 171.02
$
4,138.12
2028
$
854.79
$
2,854.47
$
255.18
$ -
$ 174.45
$
4,138.90
2029
$
895.89
$
2,812.80
$
250.91
$ -
$ 177.93
$
4,137.54
2030
$
941.10
$
2,769.13
$
246.43
$ -
$ 181.49
$
4,138.15
2031
$
986.30
$
2,723.25
$
241.73
$ -
$ 185.12
$
4,136.40
2032
$
1,035.62
$
2,675.17
$
236.79
$ -
$ 188.83
$
4,136.40
2033
$
1,097.26
$
2,618.21
$
231.62
$ -
$ 192.60
$
4,139.69
2034
$
1,158.90
$
2,557.86
$
226.13
$ -
$ 196.45
$
4,139.35
2035
$
1,224.66
$
2,494.12
$
220.34
$ -
$ 200.38
$
4,139.50
2036
$
1,290.41
$
2,426.76
$
214.21
$ -
$ 204.39
$
4,135.78
2037
$
1,364.38
$
2,355.79
$
207.76
$ -
$ 208.48
$
4,136.41
2038
$
1,442.47
$
2,280.75
$
200.94
$ -
$ 212.65
$
4,136.80
2039
$
1,524.66
$
2,201.41
$
193.73
$ -
$ 216.90
$
4,136.70
2040
$
1,615.07
$
2,117.56
$
186.10
$ -
$ 221.24
$
4,139.97
2041
$
1,705.48
$
2,028.73
$
178.03
$ -
$ 225.66
$
4,137.90
2042
$
1,804.11
$
1,934.93
$
169.50
$ -
$ 230.18
$
4,138.71
2043
$
1,906.85
$
1,835.70
$
160.48
$ -
$ 234.78
$
4,137.81
2044
$
2,017.81
$
1,730.83
$
150.95
$ -
$ 239.48
$
4,139.05
2045
$
2,132.88
$
1,619.85
$
140.86
$ -
$ 244.27
$
4,137.84
2046
$
2,260.27
$
1,497.21
$
130.19
$ -
$ 249.15
$
4,136.82
2047
$
2,395.89
$
1,367.24
$
118.89
$ -
$ 254.13
$
4,136.15
2048
$
2,543.84
$
1,229.48
$
106.91
$ -
$ 259.22
$
4,139.44
2049
$
2,695.89
$
1,083.21
$
94.19
$ -
$ 264.40
$
4,137.69
2050
$
2,860.27
$
928.19
$
80.71
$ -
$ 269.69
$
4,138.87
2051
$
3,032.88
$
763.73
$
66.41
$ -
$ 275.08
$
4,138.10
2052
$
3,217.81
$
589.34
$
51.25
$ -
$ 280.58
$
4,138.97
2053
$
3,410.96
$
404.31
$
35.16
$ -
$ 286.20
$
4,136.62
2054
$
3,620.55
$
208.18
$
18.10
$ -
$ 291.92
$
4,138.75
Total
$ 52,627.40
$ 59,232.85
$ 5,199.02
$ (3,298.51)
$ 6,668.73
$ 120,429.49
Footnotes:
[a] Interest on the Improvement Area #1 Bonds is calculated at a 4.875%, 5.50%, 5.75% rate for term
bonds due 2031, 2044, and 2054 respectively.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available
offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
2024-2024000085672 0711612024 2:46 PM Page 111 of f f f
Collin County
Honorable Stacey Kemp
Collin County Clerk
Instrument Number: 2024000085672
eRecording - Real Property
ORDINANCE
Recorded On: July 16, 2024 02:44 PM
Number of Pages: 111
" Examined and Charged as Follows: "
Total Recording: $461.00
*********** 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: 2024000085672 CSC
Receipt Number: 20240716000369
Recorded Date/Time: July 16, 2024 02:44 PM
User: Tammy M
Station: Station 12
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 `"`'�