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Home My WebLink AboutOrd 1139-2025-02 Amend Ord 1118-2024-08 Related to The Woods at Lindsey Place PID AssessmentsCITY OF ANNA, TEXAS ORDINANCE NO. I139-2025-02 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS AMENDING ORDINANCE NO. 1118-2024-08, WHICH ORDINANCE APPROVED A 2024 AMENDED AND RESTATED SERVICE AND ASSESSINIENT PLAN, INCLUDING REVISED ASSESSMENT ROLLS, FOR THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERiN-1IENT CODE, AS AMENDED; LEVYING SPECIAL ASSESSMENTS AGAINST PROPERTY WITHIN INIPROVE�IENT AREA #2 OF SAID 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 GOAT ERv-NIENT CODE, AS AMENDED; PROVIDING PENALTIES AND INTEREST ON DELINQUENT ASSESSMENTS; PROVIDING FOR SEVERABILITY, AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council (the "Cin- Councir') of the City of Anna, Texas (the "Cin,") on August 27. 2024 previously adopted Ordinance No. 1118-2024-08. entitled "AN ORDINANCE OF THE CITY COLNCIL OF THE CITY OF ANNA. TEXAS APPROVING A 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN. INCLUDING REVISED ASSESSMENT ROLLS, FOR THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT IN ACCORDANCE WITH CHAPTER 372. TEXAS LOCAL GOVERNMENT CODE, AS AMENDED; AND PROVIDING AN EFFECTIVE DATE" (the "Original Ordinance"); and WHEREAS, the City Council now desires to amend the Original Ordinance to make additional findings and to further detail the manner in which the Assessments (as defined in tlue Original Ordinance) levied therein shall be apportioned, the method of payment of the Assessments, and other details relating to the Assessments pursuant to Sections 372.015 and 372.0171 Texas Local Government Code, as amended; and WHEREAS, it is hereby officially found. determined and declared that the meeting at which this Ordinance has been adopted was open to the public, and public notice of the date. hour, place and subject of said meeting, including this Ordinance, was given, all as required by the applicable provisions of Chapter » 1, Texas Government Code. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS: 1. The City Council of the Issuer hereby incorporates the recitals set forth in the preamble hereto as if set forth in fiull at this place and further finds and determines that said recitals are true and correct. 2. The Original Ordinance is hereby amended in its entirety to read as follows: RECITALS WHEREAS, on February 14, 2023. the City Council conducted a public hearing to consider a petition received by the City on January 17. 2023 titled "Petition for the Creation of a Public Improvement District Within the City of Anna. Texas" requesting the creation of a public improvement district; and WHEREAS, on February 14, 2023. the City Council approved Resolution No. 2023-02-1378 (the —Authorization Resolution"), authorizing, establishing and creating The Woods at Lindsey Place Public Improvement District (the "District"). which Authorization Resolution has been recorded as Document No. 2023000015008 in the Land Records of Collin County. Texas (the "Counts,"); and WHEREAS, the City authorized the creation of the District and funding up to S55,000,000.00 in costs for the District to finance certain public improvements authorized by the Act for the benefit of the property within the District (the " Atrthori;,ed Inrproi,ements"); and WHEREAS, on March 14, 2023. after proper notice and hearing in accordance with the Act.. the City Council adopted Ordinance No. 1036-2023-03 (the 2023 Assessment Ordinance") levying Assessments against the Improvement Area Y1 Assessed Property within the District pursuant to a Service and Assessment Plan (the '`Original Service and assessment Plan"). which ordinance was recorded as Document No. 2023000070650 in the Land Records of the County; and WHEREAS, on September 12. 2023, after proper notice and hearing in accordance with the Act, the City Council adopted Ordinance No. 1073-2023 (the "2023 Bond Ordinance") adopting a 2023 Amended & Restated Service and Assessment Plan", which replaced in its entirety the Original Service and Assessment Plan, which 2023 Bond Ordinance was recorded as Document No. 2023000107559 in the Land Records of the County; and WHEREAS, on August 13. 2024, the City Council adopted a resolution determining total costs of certain authorized public improvements within Improvement Area ±�2 of the District, approving a "2024 Preliminary Amended & Restated Service and Assessment Plan" (the "Prelinrinart S4P"), including the proposed assessment rolls attached thereto (the "Proposed Assessment Rolls"). and directing the publication and mailing of notice of a public hearing (the ",assessment Hearing") to consider an ordinance levying assessments on property within Improvement Area = 2 of the District (tire -Assessments"); and WHEREAS, the City Secretary filed the Proposed Assessment Rolls 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 o-,vners of the property liable for the Assessments; and WHEREAS, the City Secretary, pursuant to Section 372.016(b) of the PID Act, published notice of the Assessment Hearing on August 15, 2024 in the Herald Democrat, a newspaper of general circulation in the City and the extra -territorial jurisdiction of the City where the authorized improvements will be constructed: and «VHEREAS, the City Council convened the Assessment Hearing on August 27. 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 Proposed Assessment Rolls, and the proposed Assessments, and to offer testimony pertinent to any issue presented on the amount of the Assessments, the allocation of the Actual Costs of the authorized public improvements to be undertaken for the benefit of the Assessed Property within the District (the "Improvement Area #2 Authorized Improrentents"), 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 M`TIEREAS, 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 August 27, 2024. and supported the creation of the District and the levy of assessments against the property in accordance with the Preliminary SAP to finance the Improvement Area u2 Authorized Improvements for benefit of the property Nvitlun Improvement Area #2 of the District; and WHEREAS, the City Council finds and determines that the Assessment Rolls and "The Woods at Lindsey Place Public Improvement District 2024 Amended & Restated SerN ice and Assessment Plan". dated August 27. 2024 (the " 202.1A&R .Sen4ce andAssessntent Plan"), attached as E.rhibit A and incorporated as a part of this Ordinance for all purposes. should be approved and that the Assessments should be levied as provided in this Ordinance and the 2024 A&R Service and Assessment Plan, including the Assessment Rolls attached thereto as Exhibits F-1, G-1 and G-3 (tire "Assessment Rolls"); and WHEREAS, the City Council further finds that there were no objections or evidence submitted to the City Secretary in opposition to the 2024 A&R Service and Assessment Plan, the allocation of the Actual Costs of the Improvement Area '-4r2 Authorized Improvements as described in the 2024 A&R Service and Assessment Plan, the Assessment Rolls, and the levy of the Assessments, and WHEREAS, at the Assessment Hearing, the Landowners, or their representatives. who are the persons to be assessed pursuant to this Ordinance, appeared in support of the levy of the Assessments against their property located within Improvement Area T2 of the District; and WHEREAS, the City Council closed the hearing, and, after considering all written and documentary evidence presented at the hearing, including all written comments and statements filed with the City, determined to proceed with the adoption of this Ordinance in conformity with the requirements of the PID Act; and NO«', THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF A. NNA, TEXAS: Section 1. Terms. Terms not otherwise defined herein are defined in the 2024 A&R Service and Assessment Plan. Section 2. Findings. The City Council hereby finds, determines, and ordains, as follows: (a) Tile 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: (1) 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 (111) are approved and ratified; (c) The apportiolunent of the Actual Costs of the Improvement Area #2 Authorized Improvements (as reflected in the 2024 A&R Seilice and Assessment Plan. and the Annual Collection Costs pursuant to the 2024 A&R Service and Assessment Plan) is fair and reasonable, reflects an accurate presentation of tlue special benefit each assessed Parcel will receive from the constriction of the Improvement Area #2 Authorized Improvements identified in the 2024 A&R Service and Assessment Plan. and is hereby approved; (d) The 2024 A&R Service and Assessment Plan covers a period of at least five years and defines the annual indebtedness and projected costs for the Improvement Area y2 Authorized Improvements; (e) The 2024 A&R Seiwice and Assessment Plan apportions the Actual Cost(s) of the Improvement Area #2 Authorized Improvements to be assessed against certain property in Improvement Area #2 of the District and such apportionment is made on the basis of special benefits accruing to the property because of the Improvement Areal Authorized Improvements; (f) All of the Improvement Area #2-A Assessed Property being assessed in the amounts shown on the Improvement Area #2-A Assessment Roll will be benefited by the Improvement Area #2-A Authorized Improvements proposed to be constricted as described in the 2024 A&R Service and Assessment Plan. and each Parcel of Improvement Area 7-2-A Assessed Property will receive special benefits equal to or greater than the total amount assessed for the Improvement Area ,=2-A Authorized Improvements; (g) All of the Improvement Area #2-B Assessed Property being assessed in the amounts shown on the Improvement Area #2-B Assessment Roll will be benefited by the Improvement Area 72-B Authorized Improvements proposed to be constructed as described in the 2024 A&R Service and Assessment Plan. and each Parcel of Improvement Area4=42-B Assessed Property will receive special benefits equal to or greater than the total amount assessed for the Improvement Area +2-B Authorized Improvements; (iu) The method of apportiomnent of the Actual Costs of the Improvement Area #2 Authorized Improvements and Annual Collection Costs set forth in the 2024 A&R Service and Assessment Plan results in imposing equal shares of the Actual Costs of the Improvement Area #2 Authorized Improvements and Annual Collection Costs on property similarly benefited. and results in a reasonable classification and formula for the apportionment of the Actual Costs, (i) The 2024 A&R 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: (j) The Assessment Rolls should be approved as the Assessment Rolls for the District, including without limitation Improvement Area u2 of the District: W The provisions of the 2024 A&R Sen-ice and Assessment Plan Plan relating to due and delinquency dates for the Assessments, interest on Annual Installments.. interest and penalties on delinquent Assessments and delinquent Annual Installments. and procedures in connection with the imposition and collection of Assessments should be approved and will expedite collection of the Assessments in a timely manner in order to provide the services and improvements needed and required for Improvement Area #2 within the District; and (1) A written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public for the time required by law preceding this meeting, as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and this meeting has been open to the public as required by law at all times during which this Ordinance and the subject matter hereof has been discussed, considered, and formally acted upon. Section 3. Assessment Plan. The 2024 A&R Seri, -ice and Assessment Plan. including the updated Assessment Rolls contained therein, in the form attached as Exhibit A is hereby approved pursuant to Sections 372.013 and 372.014 of the PID Act and the same is incorporated as part of this Ordinance as if fully set forth in the body of this Ordinance. The attached 2024 A&R Service and Assessment Plan is hereby adopted as the Annual Update for 2024. The 2204 A&R 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 2024 A&R Service and Assessment Plan including upon the issuance of PID Bonds. Section 4. Assessment Rolls. The Assessment Rolls are hereby accepted and approved pursuant to Section 372.016 of the PID Act as the Assessment Rolls of the District. Section 5. Lew and Payment of Assessments for Actual Costs of the Improvement Area #2 Authorized Improvements. (a) Tire City Council hereby levies the Assessments on each Parcel of property (excluding Non-Benefitted Property) located within the District, as shown and described in the 2024 A&R Service and Assessment Plan and the Assessment Rolls, in the respective amounts shown in the 2024 A&R Service and Assessment Plan as special assessments as set forth in the Assessment Rolls. (b) The levy of the Assessments shall be effective on the date of execution of this Ordinance levying Assessments and shall be collected and enforced strictly in accordance with the terms of the 2024 A&R Service and Assessment Plan and the PID Act. (c) The collection of the Assessments shall be as described in the 2024 A&R 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 2024 A&R Seilrice and Assessment Plan. (e) Each Assessment shall bear interest at the rate or rates specified in the 2024 A&R Service and Assessment Plan. (f) Each Annual Installment shall be collected each year in the manner set forth in the 2024 A&R Service and Assessment Plan. (g) The Actual Costs for Assessed Property shall be calculated pursuant to the terms of the 2024 A&R 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 2024 A&R Service and Assessment Plan. Section 7. Penalties and Interest on Delinquent Assessments. Delinquent Assessments shall be subject to the penalties, interest, procedures. and foreclosure sales set forth in the 2024 A&R Service and Assessment Plan and as allowed by law. Section 8. Prepayments of Assessments. As provided in the 2024 A&R 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 2024 A&R Seli--ice 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. Severability. If any provision, section, subsection, sentence, clause, or phrase of this Ordinance, or the application of same to any person or set of circumstances is for any reason held to be unconstitutional. void, or invalid. the validity of the remaining portions of this Ordinance or the application to other persons or sets of circumstances shall not be affected thereby, it being the intent of the governing body of the City in adopting this Ordinance that no portion hereof, or provision or regulation contained herein shall become inoperative or fail by reason of any unconstitutionality, voidness, or invalidity of any other portion hereof, and all provisions of this Ordinance are declared to be severable for that purpose. Section 12. Filing in Land Records. The City Secretary is directed to cause a copy of this Ordinance, including the 2024 A&R Service and Assessment Plan, to be recorded in the Land Records of Collin County. Texas. on or before March 4, 2025. The City Secretaly is fiirther directed to similarly file each Annual Service Plan Update approved by the City Council, with each such filing to occur within seven days of the date each respective Annual Service Plan Update is approved. Section 13. Effective Date. This Ordinance shall take effect inunediately from and after its passage in accordance with applicable law. PASSED AND ADOPTED BY THE CITY COLNCIL OF THE CITY OF ANNA. TEXAS, THIS 25"' DAY OF FEBRUARY. 2025. ATTEST: Pete Cain, Mayor Carrie L. Land, C4 Secre 17 HE cITY c?r: `1913 Exhibit A The Woods at Lindsey Place Public Improvement District 2024 AMENDED & RESTATED SERVICE AND ASSESSMENT PLAN AUGUST 27, 2024 TABLE OF CONTENTS Tableof Contents........................................................................................................................1 Introduction................................................................................................................................3 SectionI: Definitions...................................................................................................................5 SectionII: The District...............................................................................................................16 Section III: Authorized Improvements.......................................................................................16 SectionIV: Service Plan.............................................................................................................23 SectionV: Assessment Plan.......................................................................................................23 Section VI: Terms of the Assessments.......................................................................................30 SectionVII: Assessment Roll......................................................................................................36 Section VIII: Additional Provisions.............................................................................................37 Section IX: Additional Updates..................................................................................................39 Exhibits.....................................................................................................................................42 Appendices...............................................................................................................................43 Exhibit A-1— Map of the District................................................................................................44 Exhibit A-2 — Map of Improvement Area #1, Improvement Area #2 & Remainder Area .............45 Exhibit A-3 — Final Plat of Improvement Area #1.......................................................................46 Exhibit A-4— Preliminary Plat of Improvement Area#2-A..........................................................50 Exhibit A-5 — Preliminary Plat of Improvement Area#2-B..........................................................52 Exhibit A-6 — Lot Type Classification Map..................................................................................54 ExhibitB-1— Project Costs.........................................................................................................57 Exhibit B-2 — Major Improvements Apportionment of Costs......................................................58 Exhibit B-3 — Improvement Area #2 Allocation of Costs.............................................................59 ExhibitC —Service Plan.............................................................................................................60 Exhibit D — Sources and Uses of Funds......................................................................................61 Exhibit E — Maximum Assessment and Tax Rate Equivalent.......................................................62 Exhibit F-1— Improvement Area #1 Assessment Roll.................................................................63 Exhibit F-2 — Improvement Area #1 Annual Installment.............................................................69 Exhibit G-1— Improvement Area #2-A Assessment Roll.............................................................70 Exhibit G-2 — Projected Improvement Area #2-A Annual Installment.........................................71 Exhibit G-3 — Improvement Area #2-13 Assessment Roll.............................................................72 Exhibit G-4— Projected Improvement Area #2-13 Annual Installment.........................................73 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 1 Exhibit H-1— Maps of Major Improvements..............................................................................74 Exhibit H-2 — Maps of Improvement Area #1 Improvements.....................................................78 Exhibit H-3 — Maps of Improvement Area #2 Improvements, Improvement Area #2-A Improvements, and Improvement Area #2-B Improvements.....................................................82 Exhibit I — Form of Notice of Assessment Termination...............................................................85 Exhibit J — Debt Service Schedule for Improvement Area #1 Bonds...........................................88 Exhibit L-1— District Legal Description.......................................................................................89 Exhibit L-2 — Improvement Area #1 Legal Description................................................................93 Exhibit L-3 — Improvement Area #2-A Legal Description............................................................97 Exhibit L-4 — Improvement Area #2-B Legal Description............................................................99 Exhibit L-5 — Remainder Area Legal Description.......................................................................104 Appendix A — Improvement Area #2 Invoice Summary Table..................................................105 Appendix B — Buyer Disclosures...............................................................................................107 The Woods at Lindsey Place Public Improvement District Buyer Disclosure Improvement Area #1 Lot Type 1...........................................................................................................................108 The Woods at Lindsey Place Public Improvement District Buyer Disclosure Improvement Area #1 Lot Type 2...........................................................................................................................114 The Woods at Lindsey Place Public Improvement District Buyer Disclosure Improvement Area #2-A Initial Parcel....................................................................................................................120 The Woods at Lindsey Place Public Improvement District Buyer Disclosure Improvement Area #2-A Lot Type 3.......................................................................................................................126 The Woods at Lindsey Place Public Improvement District Buyer Disclosure Improvement Area #2-B Initial Parcel....................................................................................................................132 The Woods at Lindsey Place Public Improvement District Buyer Disclosure Improvement Area #2-B Lot Type 4.......................................................................................................................138 The Woods at Lindsey Place Public Improvement District Buyer Disclosure Improvement Area #2-13 Lot Type 5.......................................................................................................................144 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN INTRODUCTION Capitalized terms used in this 2024 Amended and Restated Service and Assessment Plan shall have the meanings given to them in Section I unless otherwise defined in this 2024 Amended and Restated Service and Assessment Plan or unless the context in which a term is used clearly requires a different meaning. Unless otherwise defined, a reference to a "Section", "Exhibit", or an "Appendix" shall be a reference to a Section of this 2024 Amended and Restated Service and Assessment Plan or an Exhibit or Appendix attached to and made a part of this 2024 Amended and Restated Service and Assessment Plan for all purposes. On February 14, 2023, the City Council passed and approved Resolution No. 2023-02-1379 authorizing the establishment of the District in accordance with the PID Act, which authorization was effective upon publication as required by the PID Act. The purpose of the District is to finance the Actual Costs of Authorized Improvements that confer a special benefit on approximately 198.006 acres located within the corporate limits of the City, as described by the legal description on Exhibit L-1 and depicted on Exhibit A-1. On March 14, 2023, the City Council approved the Original Service and Assessment Plan and levied the Improvement Area #1 Assessments to finance the Improvement Area #1 Projects to be constructed for the benefit of the Improvement Area #1 Assessed Property within the District by approving Ordinance No. 1036-2023-03. The Original Service and Assessment Plan identified the Improvement Area #1 Authorized Improvements to be provided by the District, the costs of the Improvement Area #1 Authorized Improvements, the indebtedness to be incurred for the Improvement Area #1 Authorized Improvements, and the manner of assessing the property in the District for the costs of the Improvement Area #1 Authorized Improvements. The City also adopted an Assessment Roll for Improvement Area #1, identifying the Assessment on each Lot Type within Improvement Area #1, based on the method of assessment identified in the Original Service and Assessment Plan. On September 12, 2023, the City Council approved the 2023 Amended and Restated Service and Assessment Plan which served to amend and restate the Original Service and Assessment Plan in its entirety for the purposes of (1) issuing the Improvement Area #1 Bonds; and (2) updating the Improvement Area #1 Assessment Roll. This 2024 Amended and Restated Service and Assessment Plan serves to amend and restate the 2023 Amended and Restated Service and Assessment Plan in its entirety for the purposes of (1) identifying the Improvement Area #2 Authorized Improvements to be provided by the District; (2) identifying the costs of the Improvement Area #2 Authorized Improvements (3) identifying the indebtedness to be incurred for the Improvement Area #2-A Authorized Improvements, and the manner of assessing the Improvement Area #2-A Assessed Property for the costs of the THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 3 Improvement Area #2-A Authorized Improvements; (4) identifying the indebtedness to be incurred for the Improvement Area 42-B Authorized Improvements, and the manner of assessing the Improvement Area #2-13 Assessed Property for the costs of the Improvement Area #2-13 Authorized Improvements; (S) levying the Improvement Area #2-A Assessments for Improvement Area #2-A Assessed Property; (6) levying the Improvement Area #2-13 Assessments for Improvement Area #2-13 Assessed Property; (7) updating the Improvement Area #1 Assessment Roll; (8) approving the Improvement Area #2-A Assessment Roll; and (9) approving the Improvement Area #2-13 Assessment Roll. 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. The Improvement Area #2-A Assessment Roll is included as Exhibit G-1. The Improvement Area #2-B Assessment Roll is included as Exhibit G-3. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN SECTION I: DEFINITIONS "2023 Amended and Restated Service and Assessment Plan" means The Woods at Lindsey Place Public Improvement District Amended and Restated Service and Assessment Plan which is to replace in its entirety the Original Service and Assessment Plan. "2023 Assessment Ordinance" means Ordinance No. 1036-2023-03 approved and adopted by the City Council on March 14, 2023, which levied the Improvement Area #1 Assessment against Improvement Area #1, and approved the Original Service and Assessment Plan. "2024 Amended and Restated Service and Assessment Plan" means this The Woods at Lindsey Place Public Improvement District Amended and Restated Service and Assessment Plan which is to replace in its entirety the 2023 Amended and Restated Service and Assessment Plan. "2024 Assessment Ordinance" means Ordinance No. approved and adopted by the City Council on August 27, 2024, which levied the Improvement Area #2-A Assessment against Improvement Area #2-A, levied the Improvement Area #2-B Assessment against Improvement Area #2-B, and approved this 2024 Amended and Restated Service and Assessment Plan. "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 services, such as engineering, geotechnical, surveying, land planning, architectural landscapers, appraisals, legal, accounting, and similar professional services; (4) the costs for all labor, bonds, and materials, including equipment and fixtures, by contractors, builders, and materialmen engaged in connection with the acquisition, construction, or implementation of the Authorized Improvements; (5) all related permitting and public approval expenses, architectural, engineering, consulting, 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 the 0.50% additional interest rate that may be charged on Assessments securing PID Bonds pursuant to Section 372.018 of the PID Act. The Additional THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN S Interest Rate is not charged on Assessments securing the Improvement Area #2-A Reimbursement Obligation or Improvement Area #2-B Reimbursement Obligation. "Administrator" means the City or independent firm designated by the City who shall have the responsibilities provided in this 2024 Amended and Restated Service and Assessment Plan, any Indenture, or any other agreement or document approved by the City related to the duties and responsibilities of the administration of the District. The initial Administrator is P3Works, LLC. "Annual Collection Costs" mean the actual or budgeted costs and expenses related to the operation of the District, including, but not limited to, costs and expenses for: (1) the Administrator; (2) City staff; (3) legal counsel, engineers, accountants, financial advisors, and other consultants engaged by the City; (4) calculating, collecting, and maintaining records with respect to Assessments and Annual Installments; (5) preparing and maintaining records with respect to Assessment Rolls and Annual Service Plan Updates; (6) paying and redeeming PID Bonds; (7) investing or depositing Assessments and Annual Installments; (8) complying with this 2024 Amended and Restated 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 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) the principal amount of any Assessment; (2) the interest associated with any Assessment; (3) Additional Interest related to the PID Bonds, if applicable; and (4) Annual Collection Costs. "Annual Service Plan Update" means an update to this 2024 Amended and Restated Service and Assessment Plan prepared no less frequently than annually by the Administrator and approved by the City Council. "Apportioned Property" means any Parcel within the District against which the costs of the Authorized Improvements are apportioned based on special conferred benefit and against which an Assessment is anticipated to be levied, but not yet levied. "Apportionment of Costs" means an amount allocated by this 2024 Amended and Restated Service and Assessment Plan to a Parcel within the District for Actual Costs of Authorized Improvements, other than Non -Benefited Property and Non -Assessed Property, subject to a future levy of Assessments by the City, as shown on Exhibit B-2, and also subject to reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act. "Assessed Property" means any Parcel within the District against which an Assessment is levied. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 5 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN "Assessment" means an assessment levied against Assessed Property, other than Non -Benefited Property and Non -Assessed 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, the Improvement Area #2-A Assessment Roll, and the Improvement Area #2-B Assessment Roll, as updated, modified or amended from time to time in accordance with the procedures set forth herein and in the PID Act, including updates prepared in connection with the issuance of PID Bonds, if issued, or any Annual Service Plan Update. "Authorized Improvements" means the improvements authorized by Section 372.003 of the PID Act, as depicted on Exhibit H-1, Exhibit H-2, and Exhibit H-3, and described in Section III. "Bond Issuance Costs" means the costs associated with issuing PID Bonds, including but not limited to attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication costs, capitalized interest, reserve fund requirements, underwriter's discount, fees charged by the Texas Attorney General, and any other cost or expense incurred by the City directly associated with the issuance of any series of PID Bonds. "City" means the City of Anna, Texas. "City Council" means the governing body of the City. "County" means Collin County, Texas. "Delinquent Collection Costs" mean costs related to the foreclosure on Assessed Property and the costs of collection of delinquent Assessments, delinquent Annual Installments, or any other delinquent amounts due under this 2024 Amended and Restated Service and Assessment Plan including penalties and reasonable attorney's fees actually paid, but excluding amounts representing interest and penalty interest. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 7 "Developer" means D.R. Horton — Texas, LTD., a Texas limited partnership, and any successors or assignees thereof that intends to develop the property in the District for the ultimate purpose of transferring title to end -users. "District" means The Woods at Lindsey Place Public Improvement District containing approximately 198.006 acres located within the corporate limits of the City, and more specifically described in Exhibit L-1 and depicted on Exhibit A-1. "District Formation Costs" means the costs associated with forming the District, including, but not limited to, attorney fees, and any other cost or expense incurred by the City or Developer 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 or Apportioned 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 57.444 acres located within the District, more specifically described in Exhibit L-2, and depicted on Exhibit A-2. "Improvement Area #1 Annual Installment" means the Annual Installment of the Improvement Area #1 Assessment as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Additional Interest related to Improvement Area #1 Bonds; and (4) Annual Collection Costs, 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 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 the 2023 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. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN "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 2024 Amended and Restated Service and Assessment Plan as Exhibit F-1. "Improvement Area #1 Authorized Improvements" means, collectively, (1) the Improvement Area #1 Projects; (2) Bond Issuance Costs associated with the issuance of the Improvement Area #1 Bonds; and (3) the first year's Annual Collection Costs related to the Improvement Area #1 Bonds. "Improvement Area #1 Bonds" means those certain "City of Anna, Texas Special Assessment Revenue Bonds, Series 2023 (The Woods at Lindsey Place Public Improvement District Improvement Area #1 Projects)" 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 1111.13 and depicted on Exhibit H-2. "Improvement Area #1 Initial Parcel" means all of the Improvement Area #1 Assessed Property against which the entire Improvement Area #1 Assessment was levied at the time of the City Council approved the 2023 Assessment Ordinance. "Improvement Area #1 Projects" means, collectively (1) the pro rata portion of the Major Improvements allocable to Improvement Area #1; and (2) the Improvement Area #1 Improvements. "Improvement Area #2" means approximately 53.8 acres located within the District, as more specifically depicted on Exhibit A-2. Improvement Area #2 is comprised of Improvement Area #2- A, as more specifically described in Exhibit L-3, and Improvement Area #2-B, as more specifically described in Exhibit L-4. "Improvement Area #2 Authorized Improvements" means, collectively, (1) the Improvement Area #2-A Authorized Improvements; and (2) the Improvement Area #2-B Authorized Improvements. "Improvement Area #2 Bonds" means one or more series of PID Bonds expected to be issued in calendar year 2024, and secured by Improvement Area #2-A Assessments and Improvement Area #2-B Assessments. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN "Improvement Area #2 Improvements" mean those Authorized Improvements that confer a special benefit to all of the Improvement Area #2-A Assessed Property and Improvement Area 42-B Assessed Property, as further described in Section III.0 and depicted on Exhibit H-3. "Improvement Area #2 Projects" means, collectively, (1) the Improvement Area #2-A Projects; and (2) the Improvement Area #2-B Projects. "Improvement Area #2-A" means approximately 29.229 acres located within Improvement Area #2 of the District, as more specifically described in Exhibit L-3, and depicted on Exhibit A-4. "Improvement Area #2-A Annual Installment" means the Annual Installment of the Improvement Area #2-A Assessment as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Additional Interest, if applicable; and (4) Annual Collection Costs related to Improvement Area #2-A. Additional Interest is not charged on the Assessments which secure the Improvement Area #2-A Reimbursement Obligation, but will be included in the event Improvement Area #2 Bonds are issued. "Improvement Area #2-A Assessed Property" means any Parcel within Improvement Area #2-A against which an Improvement Area #2-A Assessment is levied. "Improvement Area #2-A Assessment" means an Assessment expected to be levied against Improvement Area #2-A Assessed Property to pay the Actual Costs of the Improvement Area #2- A Authorized Improvements, which Improvement Area #2-A Assessment is imposed pursuant to an Assessment Ordinance and the provisions herein, as shown on the Improvement Area #2-A 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 #2-A Assessment Roll" means the Assessment Roll for the Improvement Area #2-A 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 #2-A Assessment Roll is included in this 2024 Amended and Restated Service and Assessment Plan as Exhibit G-1. "Improvement Area #2-A Authorized Improvements" means, collectively, (1) the Improvement Area #2-A Projects; (2) Bond Issuance Costs associated with the issuance of the Improvement Area #2 Bonds allocable to Improvement Area #2-A; and (3) the first year's Annual Collection Costs related to the Improvement Area #2 Bonds, if issued, allocable to Improvement Area #2-A. "Improvement Area #2-A Improvements" means the Authorized Improvements that confer a special benefit to all the Improvement Area #2-A Assessed Property, as further described in Section III.D and depicted on Exhibit H-3. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 10 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN "Improvement Area #2-A Initial Parcel" means all of the Improvement Area #2-A Assessed Property against which the entire Improvement Area #2-A Assessment is levied, as shown on the Improvement Area #2-A Assessment Roll. "Improvement Area #2-A Projects" means, collectively, (1) the pro rata portion of the Major Improvements allocable to Improvement Area #2-A; (2) the pro rata portion of the Improvement Area #2 Improvements allocable to Improvement Area #2-A; and (3) the Improvement Area #2- A Improvements. "Improvement Area #2-A Reimbursement Agreement" means that certain "The Woods at Lindsey Place Public Improvement District Improvement Area #2-A Reimbursement Agreement" or similar agreement, entered into by and between the City and the Developer, either directly or through affiliates, in which the Developer agrees to construct the Improvement Area #2-A Projects and to fund certain Actual Costs of the Improvement Area #2-A Projects and the City agrees to (i) pay directly or reimburse the Developer for Actual Costs of Improvement Area #2-A Projects from the proceeds of Improvement Area #2 Bonds, if issued, in accordance with the PID Act, this 2024 Amended and Restated Service and Assessment Plan and the applicable Indenture, and/or (ii) reimburse the Developer for certain Actual Costs of Improvement Area #2-A Projects not paid by proceeds of Improvement Area #2 Bonds solely from the revenue collected from Improvement Area #2-A Assessment, including Improvement Area #2-A Annual Installments, but subordinate to any lien on the Improvement Area #2-A Assessment pledged to the payment of Improvement Area #2 Bonds. "Improvement Area #2-A Reimbursement Obligation" means an amount not to exceed $1,807,000.00 secured by the Improvement Area #2-A Assessment to be paid to the Developer pursuant to the Improvement Area #2-A Reimbursement Agreement. The projected Improvement Area #2-A Annual Installments for the Improvement Area #2-A Reimbursement Obligation are shown on Exhibit G-2. "Improvement Area #2-B" means approximately 27.474 acres located within Improvement Area #2 of the District, as more specifically described in Exhibit L-4, and depicted on Exhibit A-5. "Improvement Area #2-13 Annual Installment" means the Annual Installment of the Improvement Area #2-B Assessment as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Additional Interest, if applicable; and (4) Annual Collection Costs related to Improvement Area #2-B. Additional Interest is not charged on the Assessments which secure the Improvement Area #2-B Reimbursement Obligation, but will be included in the event Improvement Area #2 Bonds are issued. "Improvement Area #2-13 Assessed Property" means any Parcel within Improvement Area #2-B against which an Improvement Area #2-B Assessment is levied. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 11 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN "Improvement Area #2-B Assessment" means an Assessment expected to be levied against Improvement Area #2-B Assessed Property to pay the Actual Costs of the Improvement Area #2- B Authorized Improvements, which Improvement Area #2-B Assessment is imposed pursuant to an Assessment Ordinance and the provisions herein, as shown on the Improvement Area #2-B 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 #2-B Assessment Roll" means the Assessment Roll for the Improvement Area #2-B 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 #2-B Assessment Roll is included in this 2024 Amended and Restated Service and Assessment Plan as Exhibit G-3. "Improvement Area #2-113 Authorized Improvements" means, collectively, (1) the Improvement Area #2-B Projects; (2) Bond Issuance Costs associated with the issuance of the Improvement Area #2 Bonds allocable to Improvement Area #2-B; and (3) the first year's Annual Collection Costs related to the Improvement Area #2 Bonds, if issued, allocable to Improvement Area #2-B. "Improvement Area #2-B Improvements" means the Authorized Improvements that confer a special benefit to all the Improvement Area #2-B Assessed Property, as further described in Section III.E and depicted on Exhibit H-3. "Improvement Area #2-B Initial Parcel" means all of the Improvement Area #2-B Assessed Property against which the entire Improvement Area #2-B Assessment is levied, as shown on the Improvement Area #2-B Assessment Roll. "Improvement Area #2-13 Projects" means, collectively, (1) the pro rata portion of the Major Improvements allocable to Improvement Area #2-B; (2) the pro rata portion of the Improvement Area #2 Improvements allocable to Improvement Area #2-B; and (3) the Improvement Area #2-B Improvements. "Improvement Area #2-113 Reimbursement Agreement" means that certain "The Woods at Lindsey Place Public Improvement District Improvement Area #2-13 Reimbursement Agreement" or similar agreement, entered into by and between the City and the Developer, either directly or through affiliates, in which the Developer agrees to construct the Improvement Area #2-B Projects and to fund certain Actual Costs of the Improvement Area #2-B Projects and the City agrees to (i) pay directly or reimburse the Developer for Actual Costs of Improvement Area #2-B Projects from the proceeds of Improvement Area #2 Bonds, if issued, in accordance with the PID Act, this 2024 Amended and Restated Service and Assessment Plan and the applicable Indenture, and/or (ii) reimburse the Developer for certain Actual Costs of Improvement Area #2-B Projects THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 12 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN not paid by proceeds of Improvement Area #2 Bonds solely from the revenue collected from Improvement Area #2-B Assessment, including Improvement Area #2-B Annual Installments, but subordinate to any lien on the Improvement Area #2-B Assessment pledged to the payment of Improvement Area #2 Bonds. "Improvement Area #2-B Reimbursement Obligation" means an amount not to exceed $4,040,000.00 secured by the Improvement Area #2-B Assessment to be paid to the Developer pursuant to the Improvement Area #2-B Reimbursement Agreement. The projected Improvement Area #2-B Annual Installments for the Improvement Area #2-B Reimbursement Obligation are shown on Exhibit G-4. "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 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, and the anticipated Lot Type classification map is identified on Exhibit A-6. The buyer disclosure for each Lot Type is attached in Appendix B. "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. "Lot Type 3" means a Lot within Improvement Area 42 marketed to homebuilders as a 60' Lot. The buyer disclosure for Lot Type 3 is attached in Appendix B. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 13 "Lot Type 4" means a Lot within Improvement Area #2 marketed to homebuilders as a 40' Lot. The buyer disclosure for Lot Type 4 is attached in Appendix B. "Lot Type 5" means a Lot within Improvement Area #2 marketed to homebuilders as a 50' Lot. The buyer disclosure for Lot Type 5 is attached in Appendix B. "Major Improvements" mean those Authorized Improvements that confer a special benefit to all of the Assessed Property, Apportioned Property, and Non -Assessed Property, as further described in Section III.A and depicted on Exhibit H-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 Non -Assessed Property consists of multifamily area of approximately 36.S acres and commercial area of approximately 4.3 acres. The Developer has agreed to pay for the portion of the Actual Costs of the Authorized Improvements that benefit the Non -Assessed 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. "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 I. "Original Service and Assessment Plan" means The Woods at Lindsey Place Public Improvement District Service and Assessment Plan that was approved by the City Council on March 14, 2023. "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 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 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, or caused to be constructed, by the Developer to deliver final Lots and that are not Authorized Improvements. Costs of the Private Improvements will not be paid nor reimbursed from the proceeds of PID Bonds or otherwise from revenues received from the collection of Annual Installments. "Remainder Area" means approximately 86.762 acres located within the District and entirely outside of Improvement Area #1 and Improvement Area #2, as more specifically described on Exhibit L-5 and depicted on Exhibit A-2, to be developed as one or more future improvement areas. "Remainder Area Apportioned Property" means any Parcel within the Remainder Area, other than Non -Benefited Property and Non -Assessed Property, against which a portion of the Actual Costs of the Remainder Area Projects are apportioned based on special conferred benefit, and against which an Assessment is expected to be levied, but not yet levied. "Remainder Area Apportionment of Costs" means an Apportionment of Costs against the Remainder Area Apportioned Property for the Remainder Area Projects, as shown on Exhibit B- 2, subject to (1) reallocation upon the subdivision of such Parcel or reduction according to the provisions herein and in the PID Act; and (2) a future levy of Assessments by the City. "Remainder Area Projects" means the pro rata portion of the Major Improvements allocable to the Remainder Area. "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. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 15 SECTION II: THE DISTRICT The District includes approximately 198.006 contiguous acres located within the corporate limits of the City, the boundaries of which are more particularly described by the legal description on Exhibit L-1 and depicted on Exhibit A-1. Development of the District is anticipated to include approximately 951 Lots developed with 860 Lots classified as single-family and 91 Lots classified as townhome. Improvement Area #1 includes approximately 57.444 contiguous acres, the boundaries of which are more particularly described by the legal description on Exhibit L-2 and depicted on Exhibit A- 2. Development of Improvement Area #1 includes 218 Lots developed with single-family homes (188 single-family homes classified as Lot Type 1, and 30 single-family homes classified as Lot Type 2). Improvement Area #2 includes approximately 56.703 acres, the boundaries of which are more particularly depicted on Exhibit A-2. Improvement Area #2 is comprised of (1) Improvement Area 2-A, as more particularly described by the legal description on Exhibit L-3 and depicted on Exhibit A-4, consisting of approximately 29.229 contiguous acres; and (2) Improvement Area #2-B, as more particularly described by the legal description on Exhibit L-4 and depicted on Exhibit A-5, consisting of approximately 27.474 contiguous acres. Development of Improvement Area 42-A is anticipated to include approximately 48 Lots developed with single-family homes (48 single- family homes classified as Lot Type 3) and Improvement Area #2-B is anticipated to include approximately 123 Lots developed with single-family homes (26 single-family homes classified as Lot Type 4, and 97 single-family homes classified as Lot Type 5). The Remainder Area includes approximately 83.859 contiguous acres. Development of the Remainder Area is anticipated to include approximately 53S Lots developed with 444 Lots classified as single-family homes and 91 Lots classified as townhomes. SECTION III: AUTHORIZED IMPROVEMENTS The City, based on information provided by the Developer and its engineer and reviewed by the City staff and by third -party consultants retained by the City, has determined that the Authorized Improvements confer a special benefit on the Assessed Property, Apportioned 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 for the Authorized Improvements is shown on Exhibit B-1, the allocation of the Major Improvements costs is shown on Exhibit B-2, and the allocation of the Improvement Area #2 costs is shown on Exhibit B-3. THE MOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT , v 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN A. Major Improvements ■ Excavation Excavation improvements include excavation, intersections, and re -vegetation of all disturbed areas within the right-of-way benefiting the entire District. ■ Sanitary Sewer Sanitary Sewer improvements include trench excavation and embedment, trench safety, PVC piping, manholes, concrete easement, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide sanitary sewer service to the entire District. ■ Storm Sewer Storm Sewer improvements include earthen channels, swales, RCP piping and boxes, manholes, curb and drop inlets, headwalls, concrete flumes, rock rip rap, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide storm drainage to the entire District. • Water Water improvements include trench excavation and embedment, trench safety, PVC piping, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide water service to the entire District. ■ Paving Paving improvements include subgrade stabilization, concrete and reinforcing steel for roadways, testing, and handicapped ramps, related earthworks, intersections, and re - vegetation of all disturbed areas within the right-of-way of the District. ■ Soft Costs Includes costs related to designing, constructing, and installing the Major Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, legal costs, consultants, District Formation Costs, and costs associated with financing the Major Improvements. B. Improvement Area #1 Improvements ■ Erosion Control Improvements including silt fences, inlet protection, rock check dams, drill seeding, soil retention blankets, biodegradable erosion control logs, and construction exit/entrances THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 17 necessary to provide erosion control for all Lots within Improvement Area #1. ■ Excavation Excavation improvements include related earthworks, excavation, intersections, and re - vegetation of all disturbed areas within the right-of-way of Improvement Area #1. ■ Sanitary Sewer Sanitary Sewer improvements include trench excavation and embedment, trench safety, PVC piping, manholes, concrete easement, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide sanitary sewer service for all Lots within Improvement Area #1. ■ Storm Sewer Storm Sewer improvements include earthen channels, swales, RCP piping and boxes, manholes, curb and drop inlets, headwalls, concrete flumes, rock rip rap, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide storm drainage for all Lots within Improvement Area #1. ■ Water Water improvements include trench excavation and embedment, trench safety, PVC piping, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide water service for all Lots within Improvement Area #1. ■ Paving Roadway improvements include subgrade stabilization, concrete and reinforcing steel for roadways, testing, and handicapped ramps, related earthworks, intersections, and re - vegetation of all disturbed areas within the right-of-way of Improvement Area #1. ■ Street Lights Improvements including traffic signage, streetlights, and stop lights are included. These traffic and lighting improvements will provide a benefit to all Lots within Improvement Area #1. ■ Soft Costs Includes costs related to designing, constructing, and installing the Improvement Area #1 Improvements including land planning and design, City fees, engineering, soil testing, THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 18 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN survey, construction management, contingency, legal costs, consultants, and costs associated with financing the Improvement Area #1 Improvements. C. Improvement Area #2 Improvements ■ Excavation Excavation improvements include related earthworks, excavation, intersections, and re - vegetation of all disturbed areas within the right-of-way of Improvement Area #2. ■ Sanitary Sewer Sanitary Sewer improvements include trench excavation and embedment, trench safety, PVC piping, manholes, concrete easement, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide sanitary sewer service for all Lots within Improvement Area #2. ■ Storm Sewer Storm Sewer improvements include earthen channels, swales, RCP piping and boxes, manholes, curb and drop inlets, headwalls, concrete flumes, rock rip rap, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide storm drainage for all Lots within Improvement Area #2. ■ Water Water improvements include trench excavation and embedment, trench safety, PVC piping, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide water service for all Lots within Improvement Area #2. ■ Paving Roadway improvements include subgrade stabilization, concrete and reinforcing steel for roadways, testing, and handicapped ramps, related earthworks, intersections, and re - vegetation of all disturbed areas within the right-of-way of Improvement Area #2. ■ Soft Costs Includes costs related to designing, constructing, and installing the Improvement Area #2 Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, legal costs, consultants, and costs associated with financing the Improvement Area #2 Improvements. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 19 D. Improvement Area #2-A Improvements ■ Erosion Control Improvements including silt fences, inlet protection, rock check dams, drill seeding, soil retention blankets, biodegradable erosion control logs, and construction exit/entrances necessary to provide erosion control for all Lots within Improvement Area #2-A. ■ Excavation Excavation improvements include related earthworks, excavation, intersections, and re - vegetation of all disturbed areas within the right-of-way of Improvement Area #2-A. ■ Sanitary Sewer Sanitary Sewer improvements include trench excavation and embedment, trench safety, PVC piping, manholes, concrete easement, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide sanitary sewer service for all Lots within Improvement Area #2-A. ■ Storm Sewer Storm Sewer improvements include earthen channels, swales, RCP piping and boxes, manholes, curb and drop inlets, headwalls, concrete flumes, rock rip rap, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide storm drainage for all Lots within Improvement Area #2-A. ■ Water Water improvements include trench excavation and embedment, trench safety, PVC piping, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide water service for all Lots within Improvement Area 42-A. ■ Paving Roadway improvements include subgrade stabilization, concrete and reinforcing steel for roadways, testing, and handicapped ramps, related earthworks, intersections, and re - vegetation of all disturbed areas within the right-of-way of Improvement Area #2-A. ■ Street Lights Improvements including traffic signage, streetlights, and stop lights are included. These traffic and lighting improvements will provide a benefit to all Lots within Improvement THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 20 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN Area #2-A. ■ Soft Costs Includes costs related to designing, constructing, and installing the Improvement Area #2- A Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, legal costs, consultants, and costs associated with financing the Improvement Area #2-A Improvements. E. Improvement Area #2-B Improvements ■ Erosion Control Improvements including silt fences, inlet protection, rock check dams, drill seeding, soil retention blankets, biodegradable erosion control logs, and construction exit/entrances necessary to provide erosion control for all Lots within Improvement Area #2-13. ■ Excavation Excavation improvements include related earthworks, excavation, intersections, and re - vegetation of all disturbed areas within the right-of-way of Improvement Area #2-B. ■ Sanitary Sewer Sanitary Sewer improvements include trench excavation and embedment, trench safety, PVC piping, manholes, concrete easement, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide sanitary sewer service for all Lots within Improvement Area #2-13. ■ Storm Sewer Storm Sewer improvements include earthen channels, swales, RCP piping and boxes, manholes, curb and drop inlets, headwalls, concrete flumes, rock rip rap, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide storm drainage for all Lots within Improvement Area #2-B. ■ Water Water improvements include trench excavation and embedment, trench safety, PVC piping, stub outs to future developments, testing, related earthwork, erosion control, and all necessary appurtenances required to provide water service for all Lots within Improvement Area #2-13. ■ Paving THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 21 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN Roadway improvements include subgrade stabilization, concrete and reinforcing steel for roadways, testing, and handicapped ramps, related earthworks, intersections, and re - vegetation of all disturbed areas within the right-of-way of Improvement Area #2-B. ■ Street Lights Improvements including traffic signage, streetlights, and stop lights are included. These traffic and lighting improvements will provide a benefit to all Lots within Improvement Area #2-B. ■ Soft Costs Includes costs related to designing, constructing, and installing the Improvement Area #2- B Improvements including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, legal costs, consultants, and costs associated with financing the Improvement Area #2-B Improvements. F. 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. ■ Underwriter's Discount Equals a percentage of the par amount of a particular series of PID Bonds related to the costs of underwriting such PID Bonds. ■ Underwriter's Counsel Fee Equals a percentage of the par amount of a particular series of PID Bonds reserved forthe underwriter's attorney fees. ■ Cost of Issuance Includes costs of issuing a particular series of PID Bonds, including but not limited to issuer fees, attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication costs, City costs, fees charged by the Texas Attorney General, and any other cost or expense directly associated with the issuance of PID Bonds. G. Other Costs ■ Deposit to Administrative Fund Equals the amount necessary to fund the first year's Annual Collection Costs for a THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 22 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 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 S.014 of the Texas Property Code, as amended. The Service Plan must be reviewed and updated in each Annual Service Plan Update. Exhibit C summarizes the Service Plan for Improvement Area #1 and Improvement Area #2. Pursuant to the PID Act and Section 5.014 of the Texas Property Code, as amended, this 2024 Amended and Restated 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. The sources and uses of funds shown on Exhibit D shall be updated in an Annual Service Plan Update to reflect any budget revisions and Actual Costs. SECTION V: ASSESSMENT PLAN The PID Act allows the City Council to apportion the costs of the Authorized Improvements to the Assessed Property and Apportioned 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 2024 Amended and Restated Service and Assessment Plan describes the special benefit received by each Parcel within the District as a result of the Authorized Improvements and provides the basis and justification for the determination that this special benefit equals or exceeds the amount of the Assessments to be levied on the Assessed Property for such Authorized Improvements. The determination by the City Council of the Assessment methodologies set forth below is the result of the discretionary exercise by the City Council of its legislative authority and THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 23 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN governmental powers and is conclusive and binding on the Developer and all future owners and developers of the Assessed Property. A. Assessment Methodology The City Council, acting in its legislative capacity and based on information provided by the Developer and its engineer and reviewed by the City staff and by third -party consultants retained by the City, has determined that the costs related to the Authorized Improvements were and shall be allocated as follows: ■ The costs of the Major Improvements were allocated to the District and the Non -Assessed Property pro rata based upon acreage at the time of the Original Service and Assessment Plan. The District was allocated 84.68% of the Major Improvements and the Non -Assessed Property was allocated 15.32%. See Exhibit B-1 for the allocation of the Major Improvements between the District and the Non -Assessed Property. ■ The costs of the Major Improvements allocated to the District, shall be allocated or apportioned to each Assessed Property and Apportioned Property, as applicable, pro rata based on the Estimated Buildout Value of all Assessed Property and Apportioned Property at the time of the applicable Assessment Ordinance. At the time of the 2023 Amended and Restated Service and Assessment Plan, Improvement Area #1 Assessed Property was allocated 25.12% of the Major Improvements costs. Currently, the remainder of such Major Improvements costs, after the allocation to Improvement Area #1 Assessed Property, shall be allocated 8.02% to Improvement Area #2-A Assessed Property, 17.90% to Improvement Area #2-B Assessed Property, and the Remainder Area Apportioned Property shall be apportioned 74.08% of the Major Improvements costs, as shown on Exhibit B-2. ■ The costs of the Improvement Area #1 Improvements were allocated to each Improvement Area #1 Assessed Property based on the ratio of the Estimated Buildout Value of each Lot Type designated as Improvement Area #1 Assessed Property to the Estimated Buildout Value of all Improvement Area #1 Assessed Property at the time of the 2023 Amended and Restated Service and Assessment Plan. ■ The costs of the Improvement Area #2 Improvements shall be allocated to Improvement Area #2-A Assessed Property and Improvement Area #2-B Assessed Property pro rata based on the Estimated Buildout Value of all Improvement Area #2-A Assessed Property and Improvement Area #2-13 Assessed Property. Improvement Area #2-A Assessed Property shall be allocated 30.93% of the Improvement Area #2 Improvements costs and Improvement Area #2-13 shall be allocated 69.07% of the Improvement Area #2 Improvements costs. See Exhibit B-3 for the allocation of the Improvement Area #2 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT L' 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN Improvements between Improvement Area #2-A Assessed Property and Improvement Area #2-13 Assessed Property. ■ The costs of the Improvement Area #2-A Authorized Improvements shall be allocated to each Improvement Area #2-A Assessed Property based on the ratio of the Estimated Buildout Value of each Parcel designated as Improvement Area #2-A Assessed Property to the Estimated Buildout Value of all Improvement Area #2-A Assessed Property. Currently, the Improvement Area #2-A Initial Parcel is the only Parcel within Improvement Area #2-A, and as such, the Improvement Area #2-A Initial Parcel is allocated 100% of the Improvement Area #2-A Authorized Improvements. ■ The costs of the Improvement Area #2-13 Authorized Improvements shall be allocated to each Improvement Area #2-13 Assessed Property based on the ratio of the Estimated Buildout Value of each Parcel designated as Improvement Area #2-13 Assessed Property to the Estimated Buildout Value of all Improvement Area #2-B Assessed Property. Currently, the Improvement Area #2-13 Initial Parcel is the only Parcel within Improvement Area #2-B, and as such, the Improvement Area #2-13 Initial Parcel is allocated 100% of the Improvement Area #2-13 Authorized Improvements. B. Assessments The Improvement Area #1 Assessment was levied on the Improvement Area #1 Initial Parcel at the time the City Council approved the 2023 Assessment Ordinance and is currently outstanding in the amount shown on 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. The Improvement Area #2-A Assessments will be levied on the Improvement Area #2-A Initial Parcel in the amount on the Improvement Area #2-A Assessment Roll, attached hereto as Exhibit G-1. The projected Improvement Area #2-A Annual Installments are shown on Exhibit G-2. Upon division or subdivision of the Improvement Area #2-A Initial Parcel, the Improvement Area #2-A Assessments will be reallocated pursuant to Section VI, and are subject to revisions made in any Annual Service Plan Update. The Improvement Area #2-13 Assessments will be levied on the Improvement Area #2-13 Initial Parcel in the amount on the Improvement Area #2-13 Assessment Roll, attached hereto as Exhibit G-3. The projected Improvement Area #2-13 Annual Installments are shown on Exhibit G-4. Upon division or subdivision of the Improvement Area #2-13 Initial Parcel, the Improvement Area #2-13 Assessments will be reallocated pursuant to Section VI, and are subject to revisions made in any Annual Service Plan Update. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 25 The Maximum Assessment for each current Lot Type within the District is shown on Exhibit E. In no case will the Assessment for Lot Type 1, Lot Type 2, Lot Type 3, Lot Type 4, and Lot Type 5, respectively, exceed the corresponding Maximum Assessment for each Lot classification. C. Findings of Special Benefit Acting in its legislative capacity and based on information provided by the Developer and its engineer and reviewed by the City staff and by third -party consultants retained by the City, the City Council has found and determined: ■ Improvement Area #1 ■ The costs of the Improvement Area #1 Authorized Improvements equal $9,896,676 as shown on Exhibit B-1; and ■ 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; and ■ With the adoption of the 2023 Assessment Ordinance, the Improvement Area #1 Assessed Property was allocated 100% of the Improvement Area #1 Assessment levied for the Improvement Area #1 Authorized Improvements, which equals $7,419,000.00 as shown on the debt service schedule of the official statement for Improvement Area #1 Bonds attached hereto as Exhibit J, and outstanding $7,2S1,383.88 as further described in Section IX.0 and shown on the Improvement Area #1 Assessment Roll attached hereto as Exhibit F-1; and ■ The special benefit expected at the time the City Council approved the Original Service and Assessment Plan ( $9,896,676) received by the Improvement Area #1 Assessed Property from the Improvement Area #1 Authorized Improvements were equal to or greater than the amount of the Improvement Area #1 Assessment ($7,419,000) levied on the Improvement Area #1 Assessed Property for the Improvement Area #1 Authorized Improvements; and ■ At the time the City Council approved the 2023 Assessment Ordinance, the Developer owned 100% of the Improvement Area #1 Initial Parcel. The Developer acknowledged that the Improvement Area #1 Authorized Improvements conferred a special benefit on the Improvement Area #1 Initial Parcel and consented to the imposition of the Improvement Area #1 Assessment to pay for the Actual Costs associated therewith. The Developer ratified, confirmed, accepted, agreed to, and approved: (1) the determinations and findings by the City Council as to the special benefits described therein and the 2023 Assessment THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 25 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN Ordinance; (2) the Original Service and Assessment Plan and the 2023 Assessment Ordinance; and (3) the levying of the Improvement Area #1 Assessment on the Improvement Area #1 Initial Parcel. • Improvement Area #2-A ■ The costs of Improvement Area #2-A Authorized Improvements equal $4,884,638, as shown on Exhibit B-1; and ■ Improvement Area #2-A Assessed Property receives special benefit from the Improvement Area #2-A Authorized Improvements equal to or greater than the Actual Cost of the Improvement Area #2-A Authorized Improvements; and ■ The Improvement Area #2-A Assessed Property will be allocated 100% of the Improvement Area #2-A Assessment to be levied for the Improvement Area #2-A Authorized Improvements, which equals $1,753,814; and ■ The special benefit ( > $4,884,638) received by the Improvement Area #2-A Initial Parcel from the Improvement Area #2-A Authorized Improvements is equal to or greater than the amount of the Improvement Area #2-A Assessment ($1,753,814) to be levied on the Improvement Area #2-A Initial Parcel for the Improvement Area #2-A Authorized Improvements; and • It is anticipated, at the time the City Council approves this 2024 Amended and Restated Service and Assessment Plan, the Developer will own 100% of the Improvement Area #2-A Initial Parcel. The Developer will acknowledge that the Improvement Area #2-A Authorized Improvements confer a special benefit on the Improvement Area #2-A Initial Parcel and will consent to the imposition of the Improvement Area #2-A 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 2024 Assessment Ordinance; (2) this 2024 Amended and Restated Service and Assessment Plan and the 2024 Assessment Ordinance; and (3) the levying of the Improvement Area #2-A Assessment on the Improvement Area #2-A Initial Parcel. ■ Improvement Area #2-8 ■ The costs of Improvement Area #2-B Authorized Improvements equal $7,950,639, as shown on Exhibit B-1; and THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 27 ■ Improvement Area #2-13 Assessed Property receives special benefit from the Improvement Area #2-B Authorized Improvements equal to or greater than the Actual Cost of the Improvement Area #2-13 Authorized Improvements; and ■ The Improvement Area #2-13 Assessed Property will be allocated 100% of the Improvement Area #2-B Assessment to be levied for the Improvement Area #2-B Authorized Improvements, which equals $3,916,186; and ■ The special benefit ( - $7,950,639) received by the Improvement Area #2-B Initial Parcel from the Improvement Area #2-B Authorized Improvements is equal to or greaterthan the amount of the Improvement Area #2-B Assessment ($3,916,186) to be levied on the Improvement Area #2-B Initial Parcel for the Improvement Area #2-B Authorized Improvements; and ■ It is anticipated, at the time the City Council approves this 2024 Amended and Restated Service and Assessment Plan, the Developer will own 100% of the Improvement Area 42-B Initial Parcel. The Developer will acknowledge that the Improvement Area #2-B Authorized Improvements confer a special benefit on the Improvement Area #2-B Initial Parcel and will consent to the imposition of the Improvement Area #2-B 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 2024 Assessment Ordinance; (2) this 2024 Amended and Restated Service and Assessment Plan and the 2024 Assessment Ordinance; and (3) the levying of the Improvement Area #2-B Assessment on the Improvement Area #2-B Initial Parcel. ■ Remainder Area ■ The costs of the Remainder Area Projects apportioned to the Remainder Area Apportioned Property as financed by the Developer equals $2,966,098 as shown on Exhibit B-1; and ■ The Remainder Area receives special benefit from the Remainder Area Projects equal to or greater than the Actual Cost of the Remainder Area Projects apportioned to the Remainder Area Apportioned Property; and ■ The Remainder Area Apportioned Property will be apportioned 100% of the Remainder Area Projects, which equals $2,966,098 as shown on Exhibit B-2, of which all or a portion of such amount is expected to be levied by the City at a later date; and THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2� 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN ■ It is anticipated, at the time the City Council approves this 2024 Amended and Restated Service and Assessment Plan, the Developer will own 100% of the Remainder Area Apportioned Property. The Developer will acknowledge that the Remainder Area Projects confer a special benefit on the Remainder Area Apportioned Property and will consent to the imposition of the Remainder Area Apportionment of Costs in anticipation of a future levy of Assessments by the City Council to pay for all or a portion of 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; (2) this 2024 Amended and Restated Service and Assessment Plan; and (3) the Remainder Area Apportionment of Costs. ■ The above costs include only the costs of Remainder Area Projects and do not include any costs of public infrastructure benefiting only the Remainder Areas, which may be identified in a future update to this 2024 Amended and Restated Service and Assessment Plan. 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 related to a series of PID Bonds and shall be deposited pursuant to the applicable Indenture. The interest on the Improvement Area #2-A Assessment securing the Improvement Area #2-A Reimbursement Obligation shall be collected at rates established under the Improvement Area #2-A Reimbursement Agreement as part of the Improvement Area #2-A Annual Installment pursuant to the Improvement Area #2-A Reimbursement Agreement, which will not include Additional Interest unless and until Improvement Area #2 Bonds are issued. The interest on the Improvement Area #2-B Assessment securing the Improvement Area #2-B Reimbursement Obligation shall be collected at rates established under the Improvement Area #2-B Reimbursement Agreement as part of the Improvement Area #2-B Annual Installment THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 29 pursuant to the Improvement Area #2-B Reimbursement Agreement, which will not include Additional Interest unless and until Improvement Area 42 Bonds are issued. 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 Plot 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, Lot Type 2, Lot Type 3, Lot Type 4, and Lot Type S are shown on Exhibit E and will not change in future Annual Service Plan Updates. The calculation as confirmed by the City Council shall be conclusive. The sum of the Assessments for all newly divided Assessed Properties shall equal the Assessment for the Assessed Property prior to subdivision. The calculation shall be made separately for each newly divided Assessed Property. The reallocation of an Assessment for an Assessed Property that is a homestead under Texas law may not exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section shall be reflected in the next Annual Service Plan Update and approved by the City Council. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 30 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 2. Upon Subdivision by a Recorded Subdivision Plat Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the Administrator shall reallocate the Assessment for the Assessed Property prior to the subdivision among the new subdivided Lots based on Estimated Buildout Value according to the following formula: A = [B x (C _ D)]/E Where the terms have the following meanings: A = the Assessment for the newly subdivided Lot B = the Assessment for the Parcel prior to subdivision C = the sum of the Estimated Buildout Value of all newly subdivided Lots with 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, Lot Type 2, Lot Type 3, Lot Type 4, and Lot Type 5 are shown on Exhibit E and will not change in future Annual Service Plan Updates. The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment for the portion of the Assessed Property subdivided prior to subdivision. The calculation shall be made separately for each newly subdivided Assessed Property. The reallocation of an Assessment for an Assessed Property that is a homestead under Texas law may not exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section shall be reflected in the 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 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 31 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 I. 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 completed Authorized Improvements are less than the Assessments, then (i) in the event PID Bonds are not issued, the City Council shall reduce each Assessment on a pro rata basis such that the sum of the resulting reduced Assessments for all Assessed Property equals the reduced Actual Costs that were expended, or (ii) in the event that a related series of PID Bonds are issued, 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 to redeem outstanding PID Bonds, unless otherwise 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 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 3% 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN Indenture. The Assessments shall never be reduced to an amount less than the amount required to pay all outstanding debt service requirements on all outstanding PID Bonds. The Administrator shall update (and submit to the City Council for review and approval as part of the next Annual Service Plan Update) the Assessment Roll and corresponding Annual Installments to reflect the reduced Assessments. E. Prepayment of Assessments The owner of any Assessed Property may pay, at any time, all or any part of an Assessment in accordance with the PID Act. Prepayment Costs, if any, may be paid from a reserve established under the applicable Indenture. If an Annual Installment has been billed, or the Annual Service Plan Update has been approved by the City Council prior to the Prepayment, the Annual Installment shall be due and payable and shall be credited against the Prepayment. If an Assessment on an Assessed Property is prepaid in full, with Prepayment Costs, (1) the Administrator shall cause the Assessment to be reduced to zero on said Assessed Property and the Assessment Roll to be revised accordingly; (2) the Administrator shall prepare the revised Assessment Roll and submit such revised Assessment Roll to the City Council for review and approval as part of the next Annual Service Plan Update; (3) the obligation to pay the Assessment and corresponding Annual Installments shall terminate with respect to said Assessed Property; and (4) the City shall provide the owner with a recordable "Notice of Assessment Termination." If an Assessment on an Assessed Property is prepaid in part, with Prepayment Costs: (1) the Administrator shall cause the Assessment to be reduced on said Assessed Property and the Assessment Roll revised accordingly; (2) the Administrator shall prepare the revised Assessment Roll and submit 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. For purposes of Prepayments, if a particular series of PID Bonds are issued, the Improvement Area #2-A Reimbursement Obligation will be subordinated to (i) the Improvement Area #2 Bonds, if issued, and (ii) any additional PID Bonds secured by a parity lien on the Improvement Area #2- A Assessments issued to refinance all or a portion of the Improvement Area #2-A Reimbursement Obligation. Additionally, the Improvement Area #2-B Reimbursement Obligation will be subordinated to (i) the Improvement Area #2 Bonds, if issued, and (ii) any additional PID Bonds secured by a parity lien on the Improvement Area #2-B Assessments issued to refinance all or a portion of the Improvement Area #2-B Reimbursement Obligation. For purposes of Prepayments, additional PID Bonds issued to refinance all or a portion of the Improvement Area #2-A Reimbursement Obligation and Improvement Area #2-B Reimbursement Obligation will be on parity with the Improvement Area #2 Bonds. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 33 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 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 projected Improvement Area #1 Annual Installments, Exhibit G-2 shows the projected Improvement Area #2-A Annual Installments, and Exhibit G-4 shows the projected Improvement Area #2-B 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 Installment shall be allocated pro rata based on the acreage of the property, not including any Non -Benefited Property or Non -Assessed Property, as shown by the Collin Central Appraisal District for each tax parcel identification number. The Administrator shall prepare and submit to the City Council for its review and approval an Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each Annual Service Plan Update shall include updated Assessment Rolls and updated calculations of Annual Installments. The Annual Collection Costs for a given Assessment shall be paid by the owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment remaining on the Parcel to the total outstanding Assessment. Annual Installments shall be reduced by any credits applied under an applicable Indenture, such as capitalized interest, interest earnings on account balances, and any other funds available to the Trustee for such purposes. Annual Installments shall be collected by the City in the same manner and at the same time as ad valorem taxes. Annual Installments shall be subject to the penalties, procedures, and foreclosure sale in case of delinquencies as set forth in the PID Act and in the same manner as ad valorem taxes due and owing to the City. The City Council may provide for other means of collecting Annual Installments. Assessments shall have the lien priority specified in the PID Act. Sales of the Assessed Property for nonpayment of Annual Installments shall be subject to the lien for the remaining unpaid Annual Installments against the Assessed Property, and the Assessed Property may again be sold at a judicial foreclosure sale if the purchaser fails to timely pay any of the remaining unpaid Annual Installments as they become due and payable. The City reserves the right to refund PID Bonds in accordance with applicable law, including the PID Act. In the event of a refunding, the Administrator shall recalculate the Annual Installments so that total Annual Installments will be sufficient to pay the refunding bonds, and the refunding bonds shall constitute "PID Bonds." Each Annual Installment of an Assessment, including interest on the unpaid principal of the Assessment, shall be updated annually. Each Annual Installment shall be due when billed and shall be delinquent if not paid prior to February 1 of the following year. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 32 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN Failure of an owner of an Assessed Property to receive an invoice for an Annual Installment shall not relieve said owner of the responsibility for payment of the Assessment. Assessments, or Annual Installments thereof, that are delinquent shall incur Delinquent Collection Costs. The City may provide for other means of collecting the Annual Installments to the extent permitted by the PID Act, or other applicable law. G. Prepayment as a Result of an Eminent Domain Proceeding or Taking 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 2024 Amended and Restated 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 Retained 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 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 35 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 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. The Improvement Area #2-A Assessment Roll is attached as Exhibit G-1. The Administrator shall prepare and submit to the City Council for review and approval proposed revisions to the Improvement Area #2-A Assessment Roll and Improvement Area #2-A Annual Installments for each Parcel as part of each Annual Service Plan Update. The Improvement Area #2-B Assessment Roll is attached as Exhibit G-3. The Administrator shall prepare and submit to the City Council for review and approval proposed revisions to the Improvement Area #2-B Assessment Roll and Improvement Area #2-B Annual Installments for each Parcel as part of each Annual Service Plan Update. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 6J 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 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 2024 Amended and Restated Service and Assessment Plan, including, but not limited to, any calculation made as part of any Annual Service Plan Update, said owner's sole and exclusive remedy shall be to submit a written notice of error to the Administrator by December 15t of the year following City Council's approval of the calculation. Otherwise, said owner shall be deemed to have unconditionally approved and accepted the calculation. The Administrator shall provide a written response to the City Council and the owner not later than 30 days of such receipt of a written notice of error by the Administrator. The City Council shall consider the owner's notice of error and the Administrator's response at a public meeting, and not later than 30 days after closing such meeting, the City Council shall make a final determination as to whether an error has been made. If the City Council determines that an error has been made, the City Council shall take such corrective action as is authorized by the PID Act, this 2024 Amended and Restated Service and Assessment Plan, the applicable Assessment Ordinance, the applicable Indenture, or as otherwise authorized by the discretionary power of the City Council. The determination by the City Council as to whether an error has been made, and any corrective action taken by the City Council, shall be final and binding on the owner and the Administrator. B. Amendments Amendments to this 2024 Amended and Restated Service and Assessment Plan must be made by the City Council in accordance with the PID Act. To the extent permitted by the PID Act, this 2024 Amended and Restated Service and Assessment Plan may be amended without notice to owners of the Assessed Property: (1) to correct mistakes and clerical errors; (2) to clarify ambiguities; and (3) to provide procedures to collect Assessments, Annual Installments, and other charges imposed by this 2024 Amended and Restated Service and Assessment Plan. C. Administration and Interpretation The Administrator shall: (1) perform the obligations of the Administrator as set forth in this 2024 Amended and Restated Service and Assessment Plan; (2) administer the District for and on behalf of and at the direction of the City Council; and (3) interpret the provisions of this 2024 Amended and Restated Service and Assessment Plan. Interpretations of this 2024 Amended and Restated Service and Assessment Plan by the Administrator shall be in writing and shall be appealable to the City Council by owners of Assessed Property adversely affected by the interpretation. Appeals shall be decided by the City Council after holding a public meeting at which all interested parties have an opportunity to be heard. Decisions by the City Council shall be final and binding on the owners of Assessed Property and developers and their successors and assigns. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 37 D. Form of Buyer Disclosure; Filing Requirements Per Section 5.014 of the Texas Property Code, as amended, this 2024 Amended and Restated 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 2024 Amended and Restated Service and Assessment Plan, or any future Annual Service Plan Updates. The executed ordinance, including any attachments, approving this Service an Assessment Plan or any future Annual Service Plan Updates shall be filed and recorded in their entirety. E. Severability If any provision of this 2024 Amended and Restated Service and Assessment Plan is determined by a governmental agency or court to be unenforceable, the unenforceable provision shall be deleted and, to the maximum extent possible, shall be rewritten to be enforceable. Every effort shall be made to enforce the remaining provisions. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 38 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN SECTION IX: ADDITIONAL UPDATES A. Parcel Subdivision Improvement Area #1 The final plat of The Woods At Lindsey Place Phase 1 was filed and recorded with the County on March 21, 2023, and consists of 218 residential Lots and 4 Non -Benefited Properties. The final plat of The Woods At Lindsey Place Phase 1 is attached hereto as Exhibit A-3. See the completed Lot Type classification summary within Improvement Area #1 below: Lot Type Number of Lots Lot Type 1 188 Lot Type 2 30 Total 218 B. Lot and Home Sales Improvement Area #1 Per the Quarterly Report dated March 31, 2024, the lot ownership composition is provided below: • Developer Owned: c Lot Type 1: 56 Lots ED Lot Type 2: 1 Lots • End -User Owner: Lot Type 1: 132 Lots o Lot Type 2: 29 Lots See Appendix B for the buyer disclosures. C. Outstanding Assessment Improvement Area #1 Net of the September 1, 2024, payment, Improvement Area #1 has an outstanding Assessment of $7,251,383.88. The outstanding Assessment is less than the $7,286,000.00 in outstanding THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 39 Improvement Area #1 Bonds due to a Prepayment of Assessment for which Improvement Area #1 Bonds have not yet been redeemed. D. Annual Installment Due 1/31/2025 Imorovement Area #1 ■ Principal and Interest - The total principal and interest required for the Improvement Area #1 Annual Installment is $523,977,50. The Improvement Area #1 Annual Installment covers the period September 1, 2024, to August 31, 2025, and is due by January 31, 202S. ■ Additional Interest — The total Additional Interest is collected to fund the Delinquency and Prepayment Reserve Account. The Additional Interest Reserve Requirement is equal to $400,730.00, and has not been met. As such, the Delinquency and Prepayment Reserve Account will be funded with Additional Interest on the outstanding Assessment, resulting in an Additional Interest amount due of $36,430.00, as further defined in the applicable Indenture. ■ Annual Collection Costs — The cost of administering the District and collecting the Improvement Area #1 Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The Total Annual Collection Costs budgeted for the Improvement Area #1 Annual Installment is $46,818.00. Administration $30,600.00 City Auditor 1,000.00 Filing Fees 1,000.00 County Collection 218.00 PID Trustee Fees 4,000.00 Dissemination Agent 1,500.00 Draw Request Review 5,000.00 Miscellaneous 1,000.00 Arbitrage Calculation 2,500.00 Total Annual Collection Costs $46,818.00 See Exhibit J for the debt service schedule for the Improvement Area #1 Bonds as shown in the official statement. E. Prepayment of Assessments in Full Improvement Area #1 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT do 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN The following is a list of all Parcels or Lots that made a Prepayment in full within Improvement Area #1. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 41 EXHIBITS The following Exhibits are attached to and made a part of this 2024 Amended and Restated Service and Assessment Plan for all purposes: Exhibit A-1 Map of the District Exhibit A-2 Map of Improvement Area #1, Improvement Area #2 & Remainder Area Exhibit A-3 Final Plat of Improvement Area #1 Exhibit A-4 Preliminary Plat of Improvement Area #2-A Exhibit A-5 Preliminary Plat of Improvement Area #2-B Exhibit A-6 Lot Type Classification Map Exhibit B-1 Project Costs Exhibit B-2 Major Improvement Apportionment of Costs Exhibit B-3 Improvement Area #2 Allocation of 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 Improvement Area #2-A Assessment Roll Exhibit G-2 Projected Improvement Area #2-A Annual Installments Exhibit G-3 Improvement Area #2-B Assessment Roll Exhibit G-4 Projected Improvement Area #2-8 Annual Installments Exhibit H-1 Maps of Major Improvements Exhibit H-2 Maps of Improvement Area #1 Improvements Exhibit H-3 Maps of Improvement Area #2 Improvements, Improvement Area #2-A Improvements, and Improvement Area #2-B Improvements Exhibit I Form of Notice of Assessment Termination Exhibit 1 Debt Service Schedule for Improvement Area #1 Bonds Exhibit L-1 District Legal Description Exhibit L-2 Improvement Area #1 Legal Description Exhibit L-3 Improvement Area #2-A Legal Description Exhibit L-4 Improvement Area #2-B Legal Description Exhibit L-5 Remainder Area Legal Description THE WOODS AT LINDSEY PLACE PUBLIC. IMPROVEMENT DISTRICT 42 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN APPENDICES The following Appendices are attached to and made a part of this 2024 Amended and Restated Service and Assessment Plan for all purposes: Appendix A Improvement Area #2 Invoice Summary Table Appendix B Buyer Disclosures THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 43 EXHIBIT A-1- MAP OF THE DISTRICT I 4 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 44 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN z LLI We w L16 0 CL DC-369 LU IF 0 �D It n IT 00 zT a e v �` �1 ��,* .' t :�' �=. Qi i . � �' � . i i � � _ .1 t.-_.. _ _ ;� - .. � ',. .. Y �' � .• ., � � i , � .. .. �: J PJ OWN IM11111111 1iininnm11plull:111111111111aa 0 U') him ]'I - Hill it It 19 H P 14 N Ln m +N� 'M. W tY W W O cz Ca C Li. 0 J a a Z_ J W w m I Ln H m_ 2 X W I Ln z Ln 4 T' •--ram• ----- "------. _..._._�__ ._�_ _�_� ;sue •� ,; 1� r' r........... .... •��.. r • 7 O U � • y........_ .... iy M r --;7L 'lit j.1 It i N f 4 V .aunt.. 1� V LA to to LA EXHIBIT B-1 - PROJECT COSTS ExaavaticrS 6'2,E6 S -33.624 5 - 5 516.792 25.12% $ 130.334 E.oCr: 5 31,143 53.36% 5 69.542 55.4741 5 167,773 San:ta17 S.w.r :,212.371 i5S.5-9 - :.025.695 2S.121% 257,932 E.DC-: 61.633 53.361. :17,624 S5.47% SE9,506 Storm Sever :,135,739 171; 7i3 - 962,E44 25.12s 241, 21: f.00S: 57,7fiB 53.35s 127038 SSA7% 533.977 Water 758,402 liE,:52 - 642,250 25.1251 1f1,350 6.01 38,555 53.36% 26;091 55.47Y, 355,255 olvng :,450.CE0 222;]S4 - 1.227,996 25.12f: 305.504 E.005 73,717 53,36% 164,607 55A7% 65:, 167 Sck Ccl,T `' 1,144,CE2 175,212 963.650 23.12% 243,100 E:01Ci. 52,161 53.36% 129,670 55.47% 537,420 S E.314,279 S 967,052 5 - 5 5.347,227 5 :.333,359 S 320,997 5 71E,772 5 2,966,09E lmpmlrnen: Area KI Improvements 'anion Control S 57,0]0 S - 5 - _ S7,C•]0 109!i S 57.Wl (15 - 0.00% S - GAOhi 5 - E.cervallar 161,500 - - 152 Soo loos 3E2,E00 0.0i - O.W% - 0.00% - 5-tary Sewer 1,053,222 - - :C53,222 100,, 1:053,228 0.00% - 0.00% - 0.00s - StcrnSti 1,771,832 - - 1771,833 100% 1,771,238 0.01 - 0:00% - 0.00% - water 1.123,59E - - :,123,526 100% 1,123,59E C.00": - O.CO% 0.00% - P.v"ng 1.772,441 - - 1,772,141 101 1,772,441 0.00-: - U-0y. - ODD% - StreetLight l 66,000 - - 66,C•]0 100% 66,050 C.00-1 - O.Cow, - 0.00% - SaftCol.,�`' 1,329.145 :329.145 10O% 1,329,145 0.007: 0.00% 0.00% S 7,33i 742 S - 5 - S 7.335,742 S 7,335,749 5 - S - 5 - ;mprov.n.n; Areo i2 lmpraverneneF' E-mior S 9,231 5 - 5 - 5 9.231 0.00% S - 30.93-: 5 2.855 69.07% S 6.376 0.00% 5 - Santary Slaw 184,060 - - 184,CE0 0.0C% - 30.93-: 56,933 69.071d 12?,122 0.00s - Stcrm awwer 253,652 - - 253,E52 O.CO% - 30.93i: 72,459 69.07% 175,194 0.00% - Water 321,541 - - 321,541 O.DD% - 30.93fX 99,457 69.07% 222,093 0.009, - o-rg 847,414 - - 847,434 O.DO% - 30.93f1 262,124 69.071. 565.3.0 0.00% - ScftCotu`' 226,229 226.229 0.00% 30.931`1 69,976 69,07% 156,2S3 0.00% S 1,8/2,147 S - 5 - 5 1,342, 147 5 - 5 569.603 5 1,272,344 S - ; mp.rnvenii Area 02-A improveri ii-ior Control S 37,944 S - 5 - 5 37.944 0.00% 5 - 100!S S 37.944 9% 5 - 0004 5 - E-m;cr 59,0G - - 69.00 10Ct•: :CJs: 59,000 04 - C.]0h: San: tart' Sewer 351,163 - - 35:.163 D.00 - :C]r. 3S1,163 0% - C.)04. Storm Sewn 771,368 - - 772,362 O.00x - 1LU7. 772,356 0%- 'dhttr 32405 324.05 1CC�. :Coro 324.005 0% - 00 1 - crv7g _6E22, C42 - - :.f22.C12 J.CC'-. :Lo-. 1.522r042 ON COOw� - Street Liens 24, C•JO - 24,COC` o.Or - :CO-. 24.000 044 C. 00°; . Sa't Cci:s' 1E6,9:9 456,0:9 ].00c. 1C-1-- 15E,9c9 0'S 000-i 5 3 E67 341 . - 5 - 5 3 e6' 11!- ln+a.rove:z•^;?I'DR Bl•^wcver, 7oiix Ccntel _ e55oO _ - - _ 3550D O.00r. _ - C]r.•. - b]C'i( 5 _6.Ex C:-.. 5 - _scavat_E.]'s C ]O51 . "Ili, Sevrar ES'72E - - E63.72E JnC-. � C.JC-, !]G-- 6E3.72S. C]J�. - S:arn•5a:xar 725.250 - - ois-'K J.00r: - C;]C-. - 130=1 NE,26C C.00•i Neer d_3'U7 - - 5:3.707 ICIDI C.00r: - 10O?i 513.7,07 0.005: Is, r'g 2.217 290 2.217.290 O.00>: - C:]Cr: - 10010 2,247 29C 0.30K, . S:ru: Ligrts 2.C70 - - 12.CJ0 3.0cr. - C OOr- - 100 42.03C 0004 - 5dtCoss`' i:,954 731.E54 OACr- C.00•-: 100+: 731,E'1 O.DO°i S 5,277.351 S - 5 - S S,277,35! 5 S 5.277.351 S - .m.re /nproVementa'a private Improvements S 10,761,019 5 S:0,761.019 5 S 5 S S S 10,761,019 S - 510,761.010- Bono fuuo nit Color ": Debt sv%tt. Raurv4 Find S 939.177 5 - 5 - 5 032,177 5 527,25E 5 127,413 5 294,507 5 - UnderwrterDir_ourl 335,970 - - 335,970 222.570 35,07E 73,324 - Und.rwrtaicountNFea 56,700 56,700 - 17.538 39,162 Can nt utuanc. 796.290 796,290 427,710 13,998 254.5S2 S 2,125,137 S 5 - S 2, 12E, 137 S 1177.557 5 294,025 5- Orner Casts Deposit to Aam.in!strative Fun d S 60,000 S S 5 SACCO S 10;]OO S :2.373 5 27.5'7 5 60,000 S S - S SO,C00 5 10.000 :2.373 5 27.S17 - Total S 37,426.120 S 961,052 510,761,019 S 25,698,0SO $ 9,896,675 S "Si S 7.950,639 5 21966.098 [&I miler and unp•raemlnt Area al Impro'vii-t5 tosts dated an tre 2_-24-tnde` 3-d Ra stated Service and A14tsl1l,! p.l I^priuln Mt Ara) i21c;pr]•;enentl ciltt booed oc iha 6ngi.rta11 e.epert all" B/1/2024. Itucred „eT*A0 As Appendix A. and luoJect tc charge. Improv.mant 4lal a2.4 I'tl Ara. -2.0 coals b.fed cn ere Engl tilers R•oort dated 1/4/2011, Attathtd hArra it Appel1499 A, an. Judi to Chari A1,r orl3.o mpro':•m Ys cola are altimatt. Intl ,'Ii at updated l:^ ta:h r.-,rue 5e-i ce Plif. Ut TlAtt, or Amani and NC,attd Settle And Allalln I plan ll appropn Le- .69 Ir-U4, 411in3t.d Imprd -A c Are..2 Bar_ sl-c. CLsll lna Cipol;t %, Adinlr'l:rlt'd. Fund. 711! 2!':d ]par .:I L•e ra 1p o'l'.b'a far p.ying In trt tvact a' Ir create in met+, and tha :mprowernmi Area e1 Assessment Ird Irrv-d,,I.n: Ar.ai2 Ail. um ant':.' -II not C. iru:Aa :0:o':!r Thal. 1 dd!l:AI. mitt. [b[ The 06:aoper hat lgrato to pay fdr Pt a Icab I tare of v. Actu.l Col:+ of Visa rproc•n'.ants ihm ce-i the hl On-Ali-4d Frzpi4y Intl 11 Shawn As 04yt Aptr CdnirlaJ:{an • Nan•A6usev' Froparty do E.1i 0. jcj'h. tsar -Attested property wit .1',oc-ol I pdM1l_n n, Th. m.Jde Impr-riU prA rasa bl..d or xr.Ag. to tre Nor-A+Nt+td Property ir_ Th. Oaval :out It-S* A: cite tlm. of',- Oltill.; S.ry .. oral A 1-en: Plan Aa d-rroed taerNn. 1d] Tie VAfor Improv^lan: caste akociled m :hI ❑Y::'ICt w9rt llla:at•d :a 1mp!ovunani Are, 'I as the tin. of Th. 203 AmYdtd Ard F-tited Lr: L't and Assail -,%.Ian. The f•miird•f of +u ch daft/ shall be a la:litd n Im provarri Arta a2 and asoc.rt:anad :o the R.malndaf Aral It the time of tits 2024 Amarillo and R•Lued Sala* Ind Ail.fini p'. ar. is shown on Exhibit e4. %soft Calls In:lu_aa tr,glnl.rl^,], +_rvfy'ng, lifting, plining, I'll ion, conitructlan n).".Aat^+tn;, Ind CI1:•1ct lomllz D,1 Costs. If+, T.n4 •mpfo hri Arta a; Improvtm.ntf - a4ci :o :mpro ernent Aral -A any .m,prae•mert Area abe pro rats h.led or, .,.age to line ealntLtd Eu'-0au:'Llsue of .1, the Imt --sr I,- v2 at d.tv:b.d in Station V.A- [g] F.nf'.L. 'mpra':a n. It, coot a ... d an the 20:: Am.•'d1d and Raitattd Solcia Artl Ffute tr: Fill, Ind th. EllglrurI B•par: ditto 1/1 C1:. Calls r•Q_'rld t, Complex lets 1, I^pray^..n: Aru a1 Ind riprvam.nt Arai 911nd ral:h fV.al lot carol ran: r on- %burllb'a :a:r. Cay. opal trom Asslismenu cr %ID Eor.dt. in) Bard IIWanca, Colts llioc'4:ad with lmpr_,-- Arel 91 Bondi had bran _pdited to raf a:t:na Inti.psiad.etw call At:ne time of tha Cng,115-la and Ailtsfritr,: pion. Bard 1stulr.c. Cola aui with the ImpryHAHM Area S2 Bards 11. emmat. o':', I,-' :, I to utilrntlnie At iha i -E the Imorc-4ir! Area a: "ncl art a_etl In the future. I^ the Wtn::r. Improl'ai Area a: eclat are r- sole In I ralunaii v- ff4mATh. tlo^--d'Tr'altat art r.ltlrl lJ:`.a.a c] f'r, to fa..,ad. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMEDNED AND RESTATED SERVICE AND ASSESSMENT PLAN 57 EXHIBIT B-2 - MAJOR IMPROVEMENTS APPORTIONMENT OF COSTS % costs % Costs Improvement Area #1 Improvement Area #2-A Improvement Area #2-B Remainder Area 218 48 123 535 $ $ $ $ 78,930,000 18,480,000 41,265,000 170,760,000 $ $ $ $ 1,343,359 - 0.00% 8.02% 17.90% 0.00% $ $ $ $ - 320,997 716,772 74.08% $ 2,966,098 Total 924 $ 309,435,000 $ 1,343,359 25.92% $ 1,037,770 $ 2,966,098 Footnotes; [a] Per information provided by the Developer in correspondance dated 2/20/2024. [b] The costs of the Major Improvements allocated to Improvement Area#1 at the time of the 2023 Amended and Restated Service and Assessment Plan. [c] The costs of the Major Improvements after the allocation to Improvement Area #1 at the time of the 2023 Amended and Restated Service and Assessment Plan, and are being allocated to Improvement Area #2 and apportioned to the Remainder Area pro rata based on Estimated Buildout Value at the time of this 2024 Amended and Restated Service and Assessment Plan. [d] Total Remainder Area Apportionment of Costs reimbursable in part or in full from future Assessments expected to be levied on the Remainder Area Apportioned Property. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 58 2024 AMEDNED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT B-3 - IMPROVEMENT AREA #2 ALLOCATION OF COSTS Footnotes: [a] Per information provided by the Developer in correspondance dated 2/20/2024, [b] The costs of the Improvement Area #2 Improvements are being allocated to Improvement Area #2-A and Improvement Area #2-13 pro rats based on Estimated Buildout Value at the time of this 2024 Amended and Restated Service and Assessment Plan as described herein. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 59 2024 AMEDNED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT C - SERVICE PLAN Principal $110,000.00 $115,000.00 $121,000.00 $126,000.00 $132,000.00 Interest 413,977.50 408,615.00 403,008.76 397,110.00 390,967.50 (1) $523,977.50 $523,615.00 $524,008.76 $523,110.00 $522,967.50 Additional Interest (2) $ 36,430.00 $ 35,880.00 $ 35,305.00 $ 34,700.00 $ 34,070.00 Annual Collection Costs (3) $ 46,818.00 $ 47,754.36 $ 48,709.45 $ 49,683.64 $ 50,677.31 Total Annual Installment (4) = (1) + (2) + (3) $607,225.50 $607,249.36 $608,023.21 $607,493.64 $607,714.81 Principal $ 22,183.83 $ 23,514.86 $ 24,925.76 5 26,421.30 $ 28,006.58 Interest 105,228.82 103,897.79 102,486.90 100,991.36 99,406.08 (1) $127,412.66 $127,412.66 $127,412.66 $127,412.66 $127,412.66 Additionallnterestlal (2) $ - $ - $ - $ - $ - Annual Collection Costs (3) $ 12,372.58 $ 12,620.04 $ 12,872.44 $ 13,129.88 $ 13,392.48 Total Annual Installment (4) = (1) + (2) + (3) $139,785.24 $140,032.69 $140,285.09 $140,542.54 $140,805.14 Footnotes: [a] Additional Interest will not be charged on the Improvement Area #2-A Reimbursement Obligation. In the event Improvement Area #2 Bonds are issued, the Service Plan and Improvement Area #2-A Assessment Roll shall be updated to reflect the Additional Interest collected for the Improvement Area #2 Bonds. Principal $ 49,535.49 $ 52,507.62 $ 55,658.08 $ 58,997.57 $ 62,537.42 Interest 234,971.18 231,999.05 228,848.59 225,509.11 221,969.25 (1) $284,506.67 $284,506.67 $284,506.67 $284,506.67 $284,506.67 Additionallnterestial (2) $ - $ - $ - $ - $ Annual Collection Costs (3) $ 27,627.42 $ 28,179.96 $ 28,743.56 S 29,318.44 $ 29,904.81 Total Annual Installment (4) = (1) + (2) + (3) $312,134.09 $312,686.64 $313,250.24 $313,825.11 $314,411.48 Footnotes: [a] Additional Interest will not be charged on the Improvement Area #2-13 Reimbursement Obligation. In the event Improvement Area #2 Bonds are issued, the Service Plan and Improvement Area #2-B Assessment Roll shall be updated to reflect the Additional Interest collected for the Improvement Area #2 Bonds. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 60 2024 AMEDNED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT D - SOURCES AND USES OF FUNDS I improvement Area Ri bonds $ 5 7,419,000 5 $ 5 $ 7,419,0D0 Improvement Area 41 Issuance Discount (51,433) (51,433) Improvement Area 42 Reimbursement Obligation - 1,753,814 3,916,186 5,670,000 Developer Contribution - Improvement Area 411'I 2,529,108 - 2,529,109 Developer Contribution - Improvement Area 421'' 3,130,825 4,034,453 - 7,165,277 Developer Contribution - Major Improvementsl'I - - 2,966,098 2,966,098 Developer Contribution - Non -Assessed Property'' `I 967,052 967,052 Developer Contribution - Private Improvements!') 10,761,019 10,761,019 Total Sources $ 11,728,070 $ 9,896,67S S 4,884,638 $ 7,950,639 $2,966,098 $37,426,120 Major Improvements $ 967,052 $ 1,343,359 $ 320,997 $ 716,772 S2,966.098 $ 6,314,279 Improvement Area #1 Improvements - 7,335,748 - - 7,335,748 Improvement Area 42 Improvements 569,803 1,272,344 1,842,147 Improvement Area 42-A Improvements 31687,441 - 3,687,441 Improvement Area 42-B Improvements - 5,277,351 5,277,351 Private Irnprovements''I 10,761,019 - 10,761,019 511,728,070 $ 8,679,108 S 4,578,241 $ 7,266,467 $2,966,D98 535,217,984 Bond issuance Costs Debt Service Reserve Fund $ S 527,2S8 5 127,413 5 284,307 5 S 939,177 Underwriter's Discount 222,570 35,076 78,324 335,970 Underwriter's Counsel Fee - 17,538 39,262 56,700 Cost of Issuance 427,740 113,998 254,352 796,290 S S 1.177,567 S 294,025 S 656.544 5 5 2,128,137 Other Casts Deposit to Administrative Fund $ 40,000 5 12,373 $ 27,627 5 5 80;000 5 S 40,00G S 12.373 S 27.627 S S 80,000 Total Uses $ 11,728,070 $ 9,896,675 5 4,884,638 $ 7,950,639 $2,966,098 $37,426,120 Footnotes: [a;' Non -reimbursable to the Developer from Assessments or PID Bonds. (bI To be apportioned to the Remainder Area based on conferred benefit and is anticipated to be reimbursed, in whale or in part, but not yet levied, [c] The Developer has agreed to pay for the allocable share of the Actual Costs of these Authorized Improvement that benefit the Non -Assessed Property. These costs are non -reimbursable to the Developer from Assessments or PID Bonds. [d] Bond Issuance Costs associated with Improvement Area 41 Bonds had been updated to reflect the anticipated actual cost at the time of the Original Service and Assessment Plan. Bond Issuance Costs associated with the Improvement Area 42 Bonds are estimates only and will be determined at the time the Improvement Area 42 Bonds are issued in the future. In the event [he Improvement Area 42 Bonds are not sold in a reasonable time frame, the portion of the assessment relating to these costs will be released. [e] If Improvement Area 42 Bonds to refinance Improvement Area 42 Reimbursement Obligation are not issued within five years from the date the Improvement Area 42 Assessments are levied, the Improvement Area 42 Assessments will be reduced in an amount equal to the estimated Bond Issuance Costs related to costs of issuing Improvement Area 42 Bonds, as shown in the table. The City Council shall reduce the Improvement Area 42 Assessment on a pro rata basis among all Improvement Area 42 Assessed Property. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMEDNED AND RESTATED SERVICE AND ASSESSMENT PLAN 61 EXHIBIT E - MAXIMUM ASSESSMENT AND TAX RATE EQUIVALENT Estimated Value"" Per Unit Builldout Total Asseswnent�' Per Unit Total Average Installffma Per Unit Amual TotalEquivalent Tax Rate Improvement Area #1 Lot Type 1 Lot Type 2 188 30 $360,000 $375,000 $ 67,680,000 $ 11,250,000 $33,231.47 $34,616.12 S 6,247,517 S 1,038,483 S2,777.86 52,893.60 $522,237 $ 86,808 $ 0.7716 $ 0.7716 Improvement Area #1 Subtotal 218 $ 78,930,000 $ 7,286,000 $609,045 Improvement Area #2-A Lot Type 3 48 $385,000 $ 18,480,000 $36,537.79 S 1,753,914 53,002.99 $144,144 $ 0.7800 Improvement Area #2-A Subtotal 48 $ 18,480,000 $ 1,753,814 $144,144 Improvement Area #2-8 Lot Type 4 Lot Type 5 26 97 5300,000 S345,000 S 7,800,000 $ 33,465,000 $28,471.00 $32,741.65 S 740,246 S 3,175,940 52,340.00 52,690.99 $ 60,840 $261,026 $ 0.7800 $ 0.7800 Improvement Area #2-13 Subtotal 123 $ 41,265,000 $ 3,916,186 $321,866 Total 389 $138,675,000 $12,956,000 Footnotes: (a] Per information provided in correspondance dated 2/20/2024 by the Developer. [b] Improvement Area #1 Estimated Buildout Value at the time of the Original Service and Assessment Plan [c] Improvement Area #1 Assessment: the amount reflects the outstanding Assessment for Improvement Area #1 Assessed Property prior to Prepayment of Assessment paid, but not yet redeemed, as further described in Section IX.C. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 62 2024 AMEDNED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT F-1- IMPROVEMENT AREA #1 ASSESSMENT ROLL 2878330 2129 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878365 2148 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878360 2128 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878332 2121 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878345 1921 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878392 2016 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878388 2000 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878351 HAMPTON ST Non -Benefited Property $ - $ 2878448 2136 STINNET ST Lot Type 1 $ 33,231.47 $ 2878399 1937 STINNET ST Lot Type 1 $ 33,231.47 $ 2878382 1904 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878459 2201 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2878352 HAMPTON ST Non -Benefited Property $ - $ 2878374 2121 STINNET ST Lot Type 1 $ 33,231.47 $ 2878375 2117 STINNET ST Lot Type 1 $ 33,231.47 $ 2878380 2101 STINNET ST Lot Type 1 $ 33,231.47 $ 2878387 1920 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878329 2133 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878339 2021 HAMPTON ST Lot Type 2 $ 34,616,12 $ 2878358 2120 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878355 2100 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878366 2152 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878350 HAMPTON ST Non -Benefited Property $ - $ 2878327 2141 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878328 2137 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2878340 2017 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878341 20�13 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878368 2201 STINNET ST Lot Type 1 $ 33,231.47 $ 2878391 2012 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878347 1913 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878404 1917 STINNET ST Lot Type 1 $ 33,231.47 $ 2878428 2001 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2878412 1916 STINNET ST Lot Type 1 $ 33,231.47 $ 2878501 2016 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2878389 2004 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878349 1905 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2878445 2124 STINNET ST Lot Type 1 $ 33,231.47 $ 2878451 2204 STINNET ST Lot Type 1 $ 33,231.47 $ 2878333 2117 HAMPTON ST Lot Type 2 [b] $ - $ 2878335 2113 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,770.58 2,770.58 2,770.58 2,770.58 2,886.02 2,886.02 2,886.02 2,770.58 2,770.58 2,886.02 2,770.58 2,770.58 2,770.58 2,770.S8 2,886.02 2,770.S8 2,886.02 2,770.58 2,886.02 2,770.58 2,770.58 2,770.58 2,886.02 2,886.02 2,770.S8 2,886,02 2,886.02 2,770.58 2,770.58 2,770.58 2,770.58 2,886.02 2,886.02 2,770.58 2,770.58 2,886.02 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 63 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 2878342 2009 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878378 2109 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878379 2105 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878454 2216 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878449 2140 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878416 1932 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878383 1908 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878458 2205 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878460 2129 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878338 2101 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878356 2108 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878346 1917 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878395 2013 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878469 2112 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878431 1941 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878479 2117 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878496 1948 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878437 1917 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878549 2116 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878484 1900 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878492 1932 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878488 1916 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878515 1933 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878531 1932 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878453 2212 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878519 1917 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878529 1924 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878442 2108 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878423 2020 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878421 2012 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878415 1928 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878411 1912 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878477 2205 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878409 1904 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878480 2113 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878551 2204 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878542 2020 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878486 1908 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878535 1948 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878534 1944 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 64 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 2878530 1928 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878450 2200 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878396 2009 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878336 2109 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878385 1912 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878398 2001 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878468 2100 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878429 1949 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878337 2105 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886,02 2878343 2005 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878377 2113 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878397 2005 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878462 2121 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878406 1901 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878426 2009 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878441 2100 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878464 2113 SUE ELLEN ST Lot Type 1 $ 33,2.31.47 $ 2,770,58 2878465 2109 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878547 2108 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878413 1920 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878502 2020 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770,58 2878482 2105 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878532 1936 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878483 2101 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878495 1944 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878506 2009 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878438 1913 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878544 2104 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878487 1912 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878538 2004 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878521 1905 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878386 1916 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878461 2125 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878401 1929 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878548 2112 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878543 2100 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878331 2125 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878359 2124 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878323 2149 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878364 2144 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2,770.58 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 65 2878367 2209 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878390 2008 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878361 2132 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878370 2137 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878369 2141 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878372 2129 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878393 2021 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878447 2132 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878446 2128 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878467 2101 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878420 2008 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878419 2004 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878473 2128 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878353 HARLOW BLVD Non -Benefited Property $ - $ - 2878489 1920 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878518 1921 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878524 1904 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770,58 2878455 2217 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878472 2124 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878444 2120 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878422 2016 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878457 2209 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878523 1900 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878471 2120 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878432 1937 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878500 2012 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878410 1908 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878497 2000 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878504 2017 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878474 2200 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878503 2021 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878553 2212 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878537 1956 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878517 1925 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878490 1924 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878541 2016 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878511 1949 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878536 1952 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878527 1916 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878526 1912 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 66 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 2878525 1908 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878326 2145 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878363 2140 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878362 2136 HAMPTON ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878371 2133 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878373 2125 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878348 1909 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878394 2017 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878443 2112 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878400 1933 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878381 1900 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878513 1941 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878424 2017 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878405 1913 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878414 1924 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878S14 1937 WILLIE RAY ST Lot Type 1 $ 33,231.47 5 2,770.S8 2878357 2112 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878498 2004 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878493 1936 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878491 1928 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878510 1953 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878466 2105 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878499 2008 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878434 1929 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878439 190S SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878440 1901 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878509 1957 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878539 2008 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878485 1904 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878516 1929 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878456 2213 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.S8 2878402 1925 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878403 1921 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878476 2209 WILLIE RAY ST Non -Benefited Property $ - $ - 2878407 1900 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878435 1925 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878554 2216 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878552 2208 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878452 2208 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878463 2117 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.S8 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 67 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 2878425 2013 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878417 1936 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878430 1945 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878481 2109 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 21,770.58 2878433 1933 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878494 1940 SUE ELLEN ST Lot Type 1 $ 33,231.47 S 2,770,58 2878520 1913 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878522 1901 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878507 2005 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878540 2012 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878533 1940 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878344 2001 HAMPTON ST Lot Type 2 $ 34,616.12 $ 2,886.02 2878470 2116 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878478 2201 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878505 2013 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878508 2001 WILLIE RAY ST Lot Type 1 $ 33,231.47 5 2,770.58 2878550 2200 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878512 1945 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878528 1920 WILLIE RAY ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878418 2000 STINNET ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878427 2005 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878475 2204 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 2878436 1921 SUE ELLEN ST Lot Type 1 $ 33,231.47 $ 2,770.58 Total $ 7,251,383.84 $ 604,563.62 Footnotes: [a] Totals may not sum or match the total outstanding Assessment or Annual Installment due to rounding and Prepayment of Assessment. (b) Property ID prepaid Assessment in full. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 68 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT F-2 - IMPROVEMENT AREA #1 ANNUAL INSTALLMENT 2025 $ 110,000.00 $ 413,977.50 $ 36,430.00 $ $ 46,818.00 $ 607,225.50 2026 $ 115,000.00 $ 408,615.00 $ 35,880.00 $ $ 47,754.36 $ 607,249.36 2027 $ 121,000.00 $ 403,008.76 $ 35,305.00 $ $ 48,709.45 $ 608,023.21 2028 $ 126,000.00 $ 397,110.00 $ 34,700.00 $ $ 49,683.64 $ 607,493.64 2029 $ 132,000.00 $ 390,967.50 $ 34,070.00 $ $ 50,677.31 $ 607,714.81 2030 $ 138,000.00 $ 384,532.50 $ 33,410.00 $ $ 51,690.86 $ 607,633.36 2031 $ 145,000.00 $ 377,805.00 $ 32,720.00 $ $ 52,724.68 $ 608,249.68 2032 $ 153,000.00 $ 369,648.76 $ 31,995.00 $ $ 53,779.17 $ 608,422.93 2033 $ 161,000.00 $ 361,042.50 $ 31,230.00 $ $ 54,854.75 $ 608,127.25 2034 $ 170,000.00 $ 351,986.26 $ 30,425.00 $ $ 55,951.85 $ 608,363.11 2035 $ 180,000.00 $ 342,423.76 $ 29,575.00 $ $ 57,070.89 $ 609,069.65 2036 $ 190,000.00 $ 332,298.76 $ 28,675.00 $ $ 58,212.31 $ 609,186.07 2037 $ 200,000.00 $ 321,611.26 $ 27,725.00 $ $ 59,376.56 $ 608,712.82 2038 $ 212,000.00 $ 310,361.26 $ 26,725.00 $ S 60,564.09 $ 609,650.35 2039 $ 223,000.00 $ 298,436.26 $ 25,665.00 $ $ 61,775.37 $ 608,876.63 2040 $ 236,000.00 $ 285,892.50 $ 24,550.00 $ S 63,010.88 $ 609,453.38 2041 $ 249,000.00 $ 272,617.50 $ 23,370.00 S S 64,271.10 $ 609,258.60 2042 S 264,000.00 $ 258,611.26 $ 22,125.00 $ $ 65,556.52 $ 610,292.78 2043 $ 279,000.00 S 243,761.26 $ 20,805.00 S $ 66,867.65 $ 610,433.91 2044 5 294,000.00 $ 228,067.50 $ 19,410.00 $ 8 68,205.00 $ 609,682.50 2045 $ 312,000.00 $ 210,795.00 $ 17,940.00 S $ 69,569.10 5 610,304.10 2046 S 331,000.00 $ 192,465.00 $ 16,380.00 $ S 70,960.48 $ 610,805,48 2047 $ 350,000.00 S 173,018.76 $ 14,725.00 $ $ 72,379.69 5 610,123.45 2048 $ 372,000.00 $ 152,456.26 $ 12,975.00 $ $ 73,827,28 $ 611,258.54 2049 $ 394,000.00 $ 130,601.26 $ 11,115.00 $ $ 75,303.83 $ 611,020.09 2050 $ 418,000.00 $ 107,453.76 $ 9,145.00 $ $ 76,809.91 $ 611,408.67 2051 $ 443,000.00 $ 82,896.26 $ 7,055.00 $ $ 78,346.11 $ 611,297.37 2052 $ 470,000.00 $ 56,870.00 $ 4,840.00 $ $ 79,913.03 $ 611,623.03 2053 $ 498,000.00 $ 29,257.50 $ 2,490.00 $(527,257.50) $ 81,511.29 $ 84,001.29 Total $7,286,000.00 $7,888,588.90 $ 681,455.00 $(527,257.50) $ 1,816,175.16 $17,144,961.56 Footnotes; [a] Interest rate on the Improvement Area #1 Bonds is 4.875% for bonds maturing 2030, 5.625% for bonds maturing 2043, and 5.875% for bonds maturing 2053. [b] Assumes the Reserve Fund is fully funded and available to reduce Annual Installments in the final year. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 69 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT G-1— IMPROVEMENT AREA #2-A ASSESSMENT ROLL Footnotes: [a] As of January 2024, the entire Improvement Area #2-A is contained within Property ID 2832376. For billing purposes, the Improvement Area #2-A Annual Installment due 1/31/202S shall be allocated to Improvement Area #2-A Initial Parcel. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 70 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT G-2 - PROJECTED IMPROVEMENT AREA #2-A ANNUAL INSTALLMENT 2025 $ 22,183.83 $ 105,228.82 $ 12,372.58 $ 139,785.24 2026 $ 23,514.86 $ 103,897.79 $ 12,620.04 $ 140,032.69 2027 $ 24,925.76 $ 102,486.90 $ 12,872.44 $ 140,285.09 2028 $ 26,421.30 $ 100,991.36 $ 13,129.88 $ 140,542.54 2029 $ 28,006.58 $ 99,406.08 $ 13,392.48 $ 140,805.14 2030 $ 29,686.97 $ 97,725.68 $ 13,660.33 $ 141,072.99 2031 $ 31,468.19 $ 95,944.46 $ 13,933.54 $ 141,346.20 2032 $ 33,356.28 $ 94,056.37 $ 14,212.21 $ 141,624.87 2033 $ 35,357.66 $ 92,055.00 $ 14,496.45 $ 141,909.11 2034 $ 37,479.12 $ 89,933.54 $ 14,786.38 $ 142,199.04 2035 $ 39,727.87 $ 87,684.79 $ 15,082.11 $ 142,494.77 2036 $ 42,111.54 $ 85,301.12 $ 15,383.75 $ 142,796.41 2037 $ 44,638.23 $ 82,774.42 $ 15,691.43 $ 143,104.09 2038 $ 47,316.53 $ 80,096.13 $ 16,005.26 $ 143,417.91 2039 $ 50,155.52 $ 77,257.14 $ 16,325.36 $ 143,738.02 2040 $ 53,164.85 $ 74,247.81 $ 16,651.87 $ 144,064.53 2041 $ 56,354.74 $ 71,057.92 5 16,984.91 $ 144,397.56 2042 $ 59,736.03 $ 67,676.63 $ 17,324.60 $ 144,737.26 2043 $ 63,320,19 $ 64,092.47 $ 17,671.1.0 $ 1.45,083,75 2044 $ 67,119.40 $ 60,293.26 $ 18,024.52 $ 145,437.18 2045 $ 71,146.56 $ 56,266.09 $ 18,385.01 $ 145,797.67 2046 $ 75,415.36 $ 51,997.30 $ 18,752.71 $ 146,165.37 2047 $ 79,940.28 $ 47,472.38 $ 19,127.76 $ 146,540.42 2048 $ 84,736.69 $ 42,675.96 $ 19,510.32 $ 146,922.97 2049 $ 89,820.90 $ 37,591.76 $ 19,900.52 $ 147,313.18 2050 $ 95,210.15 $ 32,202.51 $ 20,298.53 $ 147,711.19 2051 $ 100,922.76 $ 26,489.90 $ 20,704.50 $ 148,117.16 2052 $ 106,978.12 $ 20,434.53 $ 21,118.59 $ 148,531.25 2053 $ 113,396.81 $ 14,015.85 $ 21,540.96 $ 148,953.62 2054 $ 120,200.62 $ 7,212.04 $ 21,971.78 $ 149,384.44 Total'`' 51.753.813.71 0.068.566.00 S 501.931.97 �4.324.311.67 Footnotes: [a] Interest is calculated at a 5.71% rate for illustrative purposes, and subject to change. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] Totals may not sum due to rounding. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 71 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT G-3 - IMPROVEMENT AREA #2-B ASSESSMENT ROLL Footnotes: [a] As of January 2024, the entire Improvement Area #2-13 is contained within Property ID 2832376. For billing purposes, the Improvement Area #2-B Annual Installment due 1/31/2025 shall be allocated to Improvement Area #2-13 Initial Parcel. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 72 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT G-4 - PROJECTED IMPROVEMENT AREA #2-B ANNUAL INSTALLMENT 2025 $ 49,535.49 $ 234,971.18 $ 27,627.42 $ 312,134.09 2026 $ 52,507.62 $ 231,999.05 $ 28,179.96 $ 312,686.64 2027 $ 55,658.08 $ 228,848.59 $ 28,743.56 $ 313,250.24 2028 $ 58,997.57 $ 225,509.11 $ 29,318.44 $ 313,825.11 2029 $ 62,537.42 $ 221,969.25 $ 29,904.81 $ 314,411.48 2030 $ 66,289.66 $ 218,217.01 $ 30,502.91 $ 315,009.58 2031 $ 70,267.04 $ 214,239.63 $ 31,112.96 $ 315,619.63 2032 $ 74,483.07 $ 210,023.60 $ 31,735.22 $ 316,241.89 2033 $ 78,952.05 $ 205,554.62 $ 32,369.93 $ 316,876.60 2034 $ 83,689.17 $ 200,817.50 $ 33,017.33 $ 317,524.00 2035 $ 88,710.52 $ 195,796.15 $ 33,677.67 $ 318,184.34 2036 $ 94,033.16 $ 190,473.51 $ 34,351.23 $ 318,857.90 2037 $ 99,675.15 $ 184,831.53 $ 35,038.25 $ 319,544.92 2038 $ 105,655.65 $ 178,851.02 $ 35,739.01 $ 320,245.68 2039 $ 111,994.99 $ 172,511.68 $ 36,453.80 $ 320,960.47 2040 $ 118,714.69 $ 165,791.98 $ 37,182.87 $ 321,689.54 2041 $ 125,837.58 $ 158,669.10 $ 37,926.52 $ 322,433.19 2042 $ 133,387.83 $ 151,118.84 $ 38,685.06 $ 323,191.73 2043 $ 141,391.10 $ 143,115.57 $ 39,458.75 $ 323,965.43 2044 $ 149,874.57 $ 134,632.11 $ 40,247.93 $ 324,754.60 2045 $ 158,867.04 $ 125,639.63 $ 41,052.89 $ 325,559.56 2046 $ 168,399.06 $ 116,107.61 $ 41,873.95 $ 326,380.62 2047 $ 178,503.01 $ 106,003.67 $ 42,711.43 $ 327,218.10 2048 $ 189,213.19 $ 95,293.49 $ 43,565.65 $ 328,072.32 2049 $ 200,565.98 $ 83,940.69 $ 44,436.97 $ 328,943.64 2050 $ 212,599.94 $ 71,906.74 $ 45,325.71 $ 329,832.38 2051 $ 225,355.93 $ 59,150.74 $ 46,232.22 $ 330,738.89 2052 $ 238,877.29 $ 45,629.38 $ 47,156.86 $ 331,663.53 2053 $ 253,209.92 $ 31,296.75 $ 48,100.00 $ 332,606.67 2054 $ 268,402.52 $ 16,104.15 $ 49,062.00 $ 333,568.67 Total" $ 3,916,186.29 $4,619,013.85 $ 1,120,791.26 $ 9,655,991.40 Footnotes: [a] Interest is calculated at a 5.71% rate for illustrative purposes, and subject to change. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] Totals may not sum due to rounding. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 73 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN w n n Ga � a 17)� oW WV) 2 w 0 � a O p a z `-S w C1 tY Ln a rl Ga C a F- �z p" Z W V't W W N a Ocr- a `-S w u m LU a- W a p^ I � I - I 9 I I I I «J r I It IN U; n z W z w C 4 0 Q 0 rt W a 0 W w a Lu 0 r I� y i l Q aUj a W W -- O V W C J ---- CL WCC is--- CL Lu W O CL q- < W .. 7 -- - -� W >. f.'I cc Iq W W z a W W W � I) { I k f1jl lLl`<tJ I 1 I � 1 m 1' a �J G Ln z Ln CW LA C W W U) 7 � O 0 Z -u m DD W a Ln ij UJ Q Q a � Y W Z Z J Q Q Q Z O W Q LU _8 � f`1 pn - - ...; 0. i i ` 1 IL 1 uaa� r i Q w� a UJ W - 2 Q W W •� a w «t. o �. y O a cc � 1 ._ rx W�F�-," ' r oWo a e� O � m J �wW Z t 0 g i } W , EE E � E � 1 S I ii■ , i O m W V) z W W O W a 0 - a z m W N 2 a W a 0 w W a H z N W �t a W a 0 � a z W — 2 W z Q 0 aC ~ L LCU LL W O > CA o Q a I — M H m X W �T I 9 m a N W rg Q iVol I,. 00 OLE`Xo 17 u d � a oW Z Ln 2 w N 0 a ZZ u m 5 ui Wa � V ui Q Q d > w w cc 00 Z Z J � H Q Q Z O 0LU 0LU Q v r- r� EXHIBIT I — FORM OF NOTICE OF ASSESSMENT TERMINATION P3Works, LLC 9284 Huntington Square. Suite 100 North Richland Hills, TX 76182 [Date] Collin County Clerk's Office Honorable [County Clerk] Collin County Administration Building 2300 Blooindale Rd, Suite 2106 McKinney, TX 75071 Re: City of Anna Lien Release documents for filing Dear Ms./Mr. [County Clerk] Enclosed is a lien release that the City of Anna is requesting to be tiled in your office. Lien release for [insert legal description]. Recording Numbers: [Plat]. Please forward copies of the tiled documents to my attention: City of Anna Attn: City Secretary 120 W. 7t1i Street Anita, TX 75409 Please contact me if you have any questions or need additional information. Sincerely, [Signature] P3Works, LLC (817)393-0353 AdminCd,P3-Works.com www.P3-Works.com THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 85 AFTER RECORDING RETURN TO: [City Secretary Name] 120 «'. 7rh Street Anna, TX 75409 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN STATE OF TEXAS § § KNOW ALL LIEN BY THESE PRESENTS: COUNTY OF COLLIN § THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full Release") is executed and delivered as of the Effective Date by the City of Anna. Texas. a Texas home rule municipality (the "City"). RECITALS WHEREAS. the governing body (hereinafter referred to as the "City Council") of the City of Anna, Texas is authorized by Chapter 372, Texas Local Government Code, as amended (hereinafter referred to as the "Act"), to create public improvement districts within the corporate limits of the City; and WHEREAS, on Febniary 14. 2023, the City Council of the City approved Resolution No. 2023-02-1378 creating The Woods at Lindsey Place Public Improvement District (the "District'), and WHEREAS. the District consists of approximately 198.006 contigtious acres within the corporate limits of the City; and WHEREAS, on March 14. 2023. the City Council, approved Ordinance No. , (hereinafter referred to as the "Assessment Ordinance") approving a service and assessment plan and assessment roll for the real property located with the District. the Assessment Ordinance being recorded on as Instrument No. in the Official Public Records of Collin County, TX; and WHEREAS. the Assessment Ordinance imposed an assessment in the amount of [amount] (hereinafter referred to as the "Lien Amount") and further imposed a lien to secure the payment of the Lien Amount (the "Lien") against the following property located within the District, to wit: THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 86 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN [legal description], an addition to the City of [City], [County], Texas, according to the map or plat thereof recorded as Instrument No. in the Map Records of Collin County, Texas (the "Property"); and WHEREAS, the Lien Amount has been paid in full. RELEASE NOW THEREFORE, for and in consideration of the fall payment of the Lien Amount, the City/County hereby releases and discharges, and by these presents does hereby release and discharge, the Lien to the extent that is affects and encumbers the Property. EXECUTED to be EFFECTIVE this the day of , 20 CITY OF ANNA, TEXAS, A Texas home rule municipality, By: [Manager Name], City Manager ATTEST: [Secretary Name], City Secretary STATE OF TEXAS § COUNTY OF COLLIN § This instrument was acknowledged before me on the day of , 20_, by [City Manager], City Manager for the City of Anna, Texas, a Texas home rule municipality, on behalf of said municipality. Notary Public, State of Texas THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 87 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT J — DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #1 BONDS DEBT SERVICE REQUIREMENTS The followima table sets forth the debt seIvice requirements TOI' the Bond-: Year Eudiu_ (September 30) Principal Interest Total 2024 ti 133.000.0C, 3i71.262.{6 �_�._62.56 110.000.00 50 115.000.00 408.615.00 523.615,00 121.000.00 403.00S.. 6 524.008.76 =�:25 126A-0.00 397.110,00 523.110.Q0 2029 132.000.00 390.967.50 522.06-, 50 2030 138.000.00 3S4.532.50 522.532,5C► 2�}31 145.000.00 ;-- 505.00 522.So5.o0 21)32 153.000.Ot) 369.64S.76 `=2.648."6 2033 161.000.00 361.042.50 =2.042.50 2034 170.000,00 3;1.986.26 521.986.26 2035 18C►.000.� 0, 342.423.76 522.423. 6 2036 190.0►i0,00 3 2.-'9 6 `==.295.'6 2037 200.000.00 321.611.26 521.611.-'6 2038 212.000.00 310.361.26 5 22.361.26 2� r 34 223.000.00 298.436.26 521.436.26 2040 236.000.00 21S5.892.50 521.892.50 20.31 249.000.00 2"2.617.50 521.617, 50 2C�2 264.000.U0 =58.611.26 522.611.-16 2013 2-9.000.00 243."61.26 522.-6l '6 2 '44 _'94.000.00 22S.0G'.50 522.067.. 20.15 312.000.00 210.795.00 522.795.00 2046 3 31.000.00) 192.465.00 523_465.00 20.1 35 ).000.00 1 3.C►1S. 6 523.()1S.76 2048 3 12.000.00 152.456.26 524.-156.16 2049 394.000.00 130.601.26 5 -1.601.26 '050 41S.000.00 107.453.76 525.453.76 2051 443.000.00 82.896.20 525.896.26 2052 470.000.00 56.8-0.00 526.8'0-00 Total `7,419.000.00 S8.279.851.46 515.698,851-46 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 88 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT L-1— DISTRICT LEGAL DESCRIPTION Exhibit O — Overall PID Legal Description FIELD DESCRIPTION: BEING a tract of land situated in the Torun of Anna., Collin County-. Texas, a part of Eli Witt Survey, abstract No_ 997, tieing part of a called 275,00 acre tract of land described in a Special %Narranty Deed to D.R. Horton — Texas, Ltd., recorded in Instrument No. 202102 t2000310470, Ctfficial Public Records, Collin C:ountV, Texas I0_P.R.C.0 Jj, and being more particularly described as follows: COMMENCING at a five -eighths inch iron rod w ith yellow plastic cap that is illegible Bound at the Southeast corner of said 27F�.00 acre tract of land. said iron rod being at the northeast corner of a called 226.62 acre tract of land described in a %Varranty Geed to QJR Partnershcp, Ltd. recorded in Volume 5'106, Page 2380D, O.P.R.Cv.c .T and said Iron rod being in the west line of a called 50.00 acre tract of land described in a Special Warranty deed with Vendors Lien to kit--;l Preferred Income Fund 11, LLC, recorded in Instrument No 20210830001753370, (O.P.R_C.O.T); THENCE 'youth 89 degrees 28 minutes 48 seconds West, a distance of 168.60 feet along the south line of said 275.00 acre tract of land and along the north line of said 226.62 acre tract of land to the POINT OF BEGINNING of the herein descrFbed tract of land: THENCE South 89 degrees 28 minutes 48 seconds Viest, to distance of 2.480.27 feet alcrig, the South line of said 275.00 acre tract of tarlci;i and along the north line of said 226.62 acre tract of land to a point for corner,. from vrhich a one-half inch iron rod with yellow plastic cap stamped "BOHLER ENG" set (hereinafter called "iron root set') at the southwest comer of said 275.00 acre tract of land bears ` OUlh 89 degrees 28 minutes 48 seconds West- a distance of 335.99 feet THENCE North 00 degrees 34 minutes 00 seconds %Nest, a distance of 385.03 feet to a paint for corner; THENCE North 29 degrees 27 minutes 03 seconds West, a distance of 120.00 feet to a point f_ir crimer; THENCE Northeasterly 44.49 feet along a non -tangent curve to the left, having a central angle of 03 degrees 13 minutes 35 seconds, a radius of 790.00 feet, a tangent of 22 25 feet and whose cord bears North 58 degrees 56 minutes 09 seconds East, a cord distance of 44_48 feet to a paint for comer, THENCE Northeasterly 236.99 feet along a curve to the right, having a central angle of 14 degrees 55 minutes 17 seconds, a radius of 910.00 feet. a tangent of 'I 19.17 feet and whose cord bears North 64 degrees 47 minutes 01 seconds East, a cord distance of 236, 32 feet to a point for comer: THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT S9 2024.AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN THENCE North 00 degrees 33 minutes 39 seconds West, a distance of 652.4 reet try --I point for corner-, THENCE Norld) 89 degrees 26 minutes '21 seconds East. a distance of 144 e,! feet ic a point for corner: THENCE NoM 02 degrees :33 minutes 'I9 seconds East, a distance of 504.55 feet to a point for corner: THENCE North 00 degrees :33 wiimites "'1 i seconds, ` -,est. a distance of 1,3!3{I.'3Y feet to a paint for comer, THENCE South 139 Oegrees 26 minute; 21 seconds +est. a distance or 620.0a feet to a point for corner: THENCE North 00 degrees 33 minutes 39 seconds West, a distance of 526.78 feet to a point for corner: THENCE NorMeasterty 1,09',_99 feet along a curve to the right_ having a central angle of 32 degrees 4"; minutes 20 seconds. a radius of 1.914.00 feet. a tangent i .30 feet and WHose cord bears North '15 degrees 47 minutes 0 v seconds East, a cord distance of 1.077.24 feet to a point for comer: THENCE North 32 degrees 39 rT7inutes 37 seconds East: a distance of 90.00 feet to a point for corner: THENCE North 32 degrees 33 minutes 36 seconds East. a distance of 144.49 feet tc a point n the north line of said 275.00 acre tract of land, said point being a the south line of a called 555.801 acre tract of land. described as Tract B in a SpecialVVanantw Deed tc Risland Idantua, LLC'. recorded in Instrument No. 201806250007836:30. (().P.R.C:,r_-T}= THENCE South 86 degrees 39 minutes 03 seconds East. a distance of 2,55.78 feet along the north line of said 275.00 acre tract of land and along a south line of said 555.801 acre tract of land to a one-half inch iron rot.'found for corner, from which a one- half inch iron rod found gears North 0' degrees 10 minutes 02 seconds L'Vest, a distance of 2-04 feet; THENCE South 89 degrees '�0 minutes 24 seconds East. a distance of 1,018.92 feet along the north line of said 275.00 acre tract of land to a one-half inch iron rod set for corner, said iron rod being at the snuthwest corner of a celled 83.36 acre tract of land described in a Quit Claim Deed to Alta IAcC:lain, recorded in Volume 626. Page 141, (D.R.C.:.T; vdiich is now listed In the Rollin tlounty Appraisal District records as being owned by I aura Collins to lo;hich no transfer of title either direct or indirect can Eye found in Collin C:ount�, Deed Records; THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 90 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN THENCE. SC Iuth 89 degrees .i 6 minutes 53 seconds East. a distance of 1.11,06) feet along a north line of said 2.75.00 acre tract of land and along the south line oaf said 83.36 acre tract of land to a one-half inch iron rod set at the northeast corner of s-ald 275.00 acre tract of land. said iron rod being at the northwest corner of a called 95.444 acre tract of land described in a Special Warranty Deed with !vendor's Lien to MCI PREFERRED INCC-) 1E FUND 11, LLC, recorded in instrument No. 2021'0819001679920, (0.P.R.C-C.T): THENCE along the east line of said 275.00 acre tract of land and along the ,, est line of said 95.444 acre tract of land as follows-- So(Lith 01 degrees 16 minutes-44 seconds East, a distance Of 1,185,.56 feet to a one-half inch iron rod with yeilovv cal) stamped "JBI" found for corner; South 00 degrees 47 minutes 08 seconds East a distance of 1.100.00 feet to a one-half inch iron rod set at the most westerly SOLIthwest comer of :said 95 444 acre tract of land; THENCE. North 88 degrees 32 minutes, 52 seconds East, a distance of 908,82 feet along the most easterly, north line of said 275.00 acre tract of land and alcri the Itlost V.esterly SOLIVI line of said 95.444 acre tract 4f land to a point for corner; THENCE South 00 degrees 44 minutes 46 seconds East, a distance of 314.82 feet to a point for corner; THENCE SOLIth 89 degrees 28 minutes 48 seconds V%test, a distance of 481.91 feet to a paint for corner: THENCE South 00 degrees 31 minute_ 12 seconds East. a distance of 889,,34 feet to a Ixoint for darner: THENCE Southeasterly 120.981 feet along a curve to the left. having -I central angle of 14 degrees 35 minutes 35 seconds, a radius of 475_00 feet, a tangent of 60.82 feet and Miose card LoearS South 07 degrees 49 minutes 00 seconds East, a cord distance of 120.66, feet to a point for corner, THENCE. South 3t_i degrees 17 minutes 34 seconds East, a distance of 55.80 feet to a point for corner; THENCE Southeasterly 38_63 feet along a non -tangent curve to the left, having a central angle of 04 degrees 1 minutes 553 seconds, a radius of 455.00 feet, a tangent of 19.33 feet and whose. card hears South 23 degrees 58 minutes -10 seconds East, a cord. distance of 38.62 feet tc a point for comer; THENCE South 26 degrees 24 minutes 07 seconds East, a distance of 56.52 feet to a point for corner: THE WOODS AT LI'NDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 91 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN THENCE =youth 68 degrees 02 minutes 34 seconds East, a distance of44.84 feet to a point for corner: THENCE Northeasterly 361.48 feet along a non -tangent curve to the right. having a central angle of 6 degrees 26 minutes 14 seconds, a radius of 1,260.04 feet. a tangent of 181.99 feet and Miose cord bears North 79 degrees 13 minutes Cif seconds East, a cord distance of 360.24 feet to a point for corner; THENCE SOLIth 00 degrees 44 minutes 46 seconds East a distance of 120.07 feet to a point for corner: THENCE SoLrthwvresterky 497.56 feet along a non -tangent curve to Pie left, having a central angle of 2 degrees 00 minutes 25 seconds. 7 radius of 1,140.00 feet. a tangent of 252.80 feet and whose cord bears South 74 degrees 44 minutes 27 seconds "rVest, a cord distance of 493.62 feet to a point for comer" THENCE SrIuth 62 degrees 14 minutes i4 seconds West. a distance of 202. 7 �', feet to a point for comer. - THENCE SOLIth 27 degrees 45, minutes 46 seconds East, a distance of 1-5.00 feet to a point for comer. - THENCE SljLrth 49 degrees 18 minutes 42 seconds East; a distance of 194.61 feet to a I,-c:int for comer - THENCE South 00 degrees 31 wiinutes seconds East; a distance of305_9S feet to a i;6rit for comer: THENCE North 89 des rees 2e. iiiinuttas 48• seconds East, a distance of 501.05 feet to a paint for corner - THENCE ti CIuth G : degrees '14 minutes 2= se-conds %Nest, a distance of .i27.,(:",7 feet to a I,-oint for corner: THENCE Southeasterly 60.96 feet alone a curve to the left, having a central angle of 02 degrees 46 minutes 20 seconds, a radius of 1,260.00 feet, a tangent of 30.49 feet and whose cord Dears South DO degrees 08 minutes 48 seconds East, a cord distance of 60.96 feet to the POINT OF BEGINNING and containing 8,625.128 square feet or 196.006 acres. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 92 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT L-2 — IMPROVEMENT AREA #1 LEGAL DESCRIPTION Exhibit 0-1 — PID Improvement Area 1 Legal Description WHEREAS. LHJH 'PROPERTIES. LTD., is the owner of a tract of I'and' situated in the Town of Anna, Collin County, Texas, a part of Eli VVItt Survey, Abstract No. 997, being pert of a called 1:59.819 acre tract of land described in a Sreclal Warranty Deed to LHJH Properties, Ltd., recorded in Instrument No. 2006100300'1424600, C Micial Public Records, Collin County. Texas (O.P.R_C.C.T) and being more particuladydescribed as foIIIJwfS: BEGINNING at a five -eighths inch iron rod with yellow plastic crap that is illegible 101-Ind at the southeast corner of said 159.819 acre tract of land and the northeast corner of a called 226.62 acre tract of land described in a VJarrantyr Deed to OJR Partnership, Ltd. recorded in Volurne 510G, Page 2380, D.P.R.C:.C.T and said iron rod tieing in the west line of a called. 50.00 acre tract of land described m a Special Warranty Deed to Kayasa Holdings, LLC, recorded in Instrument No. 201908007000946750. (O.P.R.C.C.T); THENCE. SoLlth 89 degrees 28 minutes 48 seconds Vilest, a distance of 6,:59.19 feet alone the solfth line of said 159.8,19 acre tract of land and along the north line of said 226.62 acre tract of land to a one-half inch iron rod 'o,,ith yello;, plastic cap starnped 2'130HLER ENG" (hereinafter called 1ron rod set") set for comer_ THENCE over and across said 159.819 acre tract of land, the followng courses and distances_ North 00 degrees 31 minutes 12 seconds West, a distance of 694.65 feet to a capped iron rod srt for corner; North 49 degrees 18 minutes 42 secondsWest, a distance of '194_6' feet to a capped iron rod set for corner', North, 27 degrees 45 mir1utes 46 seconds West, a 6slance of 15.00 feet to a capped iron ram set for corner; South 62 degrees 14 minutes 14 seconds VVest. a distance of 357.72 feet to a capped iron rod set at the beginning of a tangent curve to the right; In a southwesterly direction, a distance of 597.97 feet, having a central angle of 27 degrees H minutes 2.9 seconds, a radius of 1.260.00 feet, a tangent length of '104.73 feet and whose chord bears South 75 degrees 49 minutes 59 seconds West a distance of '592.38 feet to a capped iron rod set for corner; S0LEth 80 degrees 25 minutes 44 seconds Vilest; a distance of 2137.14 feet to a capped iron rod set; South 44 degrees 25 minutes, 44 seconcls %Nest a Ostance of 42.43 feet to a capped iron rod set; THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 93 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN South 89 degrees 25 minutes 44 seconds'v:rest, a distance of J0.00 feet to a capped iron rod set North 45 degrees 34 rn nutes, 113 seconds ti"+lest a distance of 42A3 feet to a capped iron rod set and South 89 degrees 25 minutes 44 seconds '%Nest a distance of 42.,Yj fret at the beginning of a curve to the left: In a southwesterly direction. a distance of 442.68 feet, having a central Angle t 32 degrees 06 minutes; 22 seconds. a radius of 7-90.00 feet, a tangent length of 227.32 feet and &hose chord bears South 73 degrees 22 minutes 33 seconds West a distance of 436,9 to a capped iron rod set at the beginning of a curve to the right; In a southwesterly direction, a distance of 408.87 feet, having a central angle of 25 degrees 44 minutes 36 seconds; a radius of 910 feet, a tangent length of 207.94 feet and M ose chord bears South 70 degrees 11 minutes 40 seconds a distance of 405.44 feet to a capped iron rod set; said capped iron rod being in the west line of said ' 59 819 acre tract of land and the east line of a celled 5j5�.A01 acre tract of land described as Tract B in a Special VVarranty Deed to Risland klantua, LLC, retarded in Instrument No. 20190625000783680, (D.P.R.C.C.T., from Which a rune -half inch iron rod found at the most southerly SOUtheast comer of a said 5 5.801 acre tract of land and the northeast corner of a called 17.863 acre tract of land described in a Special'ViVarranty Deed to Anna 18, LLC. recorded in Instrument No. 20161020001423440. O.F.R..C.C.T. bears SDuth 00 degrees 33 minutes 39 seconds East a distance of 243.59 feet - THENCE North 00 degrees 33 minutes 39 seconds West, a distance of 120_Wi feet alone; the : est kne of said 159.619 acre tract of landand the east line of 5,55.801 acre tract of land to a capped iron rod set at the beginning of a non -tangent curve to the left; THENCE over and across said 159.819 acre tract of land, the following courses and ,d 1 stances: In a ncrtheasterliv direction, a distance of'A, 1,-,3 feet, having a central angle of 24 degrees, 46 minutes 13 seconds, a radius of 790.00 feet. a tangent length of 173.48 feet and whose chord bears North C39 degrees 42 minutes 2B seconds East a distance of 338.88 feet to a capped iron rod set for the beginning of a curve to the left: In a northeasterly direction, a distance of 236.99 feet, having a central angle of 14 degrees 55 minutes '17 seconds- a radius of 910.00 feet. a tangent length of 1 1 9.17 feet and ,vhose chord bears North C.4 degrees 47 minutes 01 seconds East a distance of 23fi.32 feet to a capped iron red,, THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 94 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN North 00 degrees 33 minutes 39 seconds East, a distance of 652.4.E feet to a capped iron rod set for corner; North 89 degrees 26 minutes J 1 seconds East a distance of I44.8.! fret to a capped iron rod set for corner; North 02 degrees 33 minutes 19 seconds East a distance of 568.75 feet to a capped iron rod set for corner, North 00 degrees 33 minutes 39 secclr Cs, V^West a distance of 59.43 feet to a capped iron rod set for corner: North 89 degrees. 25 minutes 47 seconds East; a di -stance of 5556.139 feet to a capped iron rod set for corner; North 62 degrees 13 minutes 5,0 seconds East, a distance or 937.37 feet to a capped iron nod set for corner; North 77 degrees 11 minutes 7 seconds East. a distance of 91.82 feet to a capped iron rod set for corner; North 89 degrees 23 minutes 48 seconds East, a distance of 161.53 feet to a capped iron rod set for corner; South 00 degrees 31 minutes 12 seconds East, a distance of 899.34 feet to a capped iron rod, set for corner and beginning of a non4angent curve to the left; In a southerly direction. a distance of 121.05 Having a central angle of 16 degrees 6 minutes 40 seconds, a rad us of 4.30.50 feet. a tangent length of 60.93 feet, and whose chord bears South 69 degrees 45 minutes 40 seconds East a distance of 121.05 feet; South 39 degrees 17 minutes 34 seconds East, a distance of 55.75 feet to a capped iron rod set for comer beginning of a non -tangent curve to the left; In a SOUtheasterly direction, a distance of 38.49 feet, having a central angle of 4 degrees 50 minutes 49 seconds, a radius of 4,55.00 feet, a tangent length of 19.26 feet. and Whose chord gears North 638 degrees 26 minutes 4:3 seconds East a distance of 38.46 feet to a capped iron rod set; South 2r degrees 24 millUtes 7 seconds East. a distance of 56,71 feet to a capped iron rod set for corner; South 68 degrees 2 minutes Sit seconds East, a distance of 44.84 feet to a capped On rod set for corner; THE WOODS AT LINDSE`! PLACE PUBLIC IMPROVEMENT DISTRICT 95 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN outh 19 degrees 0 minutes F seCoi-v1s East. a distance of 120.00 feet to a capped iron rcid set for comer: In a southeasterty direction. a distance of 174.31 feet, having a central angle of 08 degrees 45 minutes 39 seconds, a radius of 1140.00 feet, a tangent length of B7.33 feet, and whose chord gears SCuth 6E. degrees 37 minutes 04 seconds West a distance of 174.-14 feet to a a-apped iron rod set for corner; South 62 degrees 14 minutes 14 seconds ''Viest, a ctistance of 202.70 feet to the POINT OF BEGINNING, containing 2,502,260.24 square feet or 57.4440 acres. 111c:1,e _Ir le,iS. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 96 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT L-3 - IMPROVEMENT AREA #2-A LEGAL DESCRIPTION WHEREAS D.R. HORTON-TEXAS, LTD., are the owners of a tract of land situated in the City of Anna, Collin County, Texas, being a part of Eli W. Witt Survey, Abstract No. 997, being a part of a called 275.00 acre tract of land as described in Special Warranty Deed to D.R. HORTON-TEXAS, LTD., recorded in Instrument No. 20210212000310470, Official Public Records of Collin County, Texas (O.P.R.C.C.T.), and being more particularly described as follows; COMMENCING at a five -eighths inch iron rod with yellow plastic cap (stamp illegible) found at the southeast corner of said 275.00 acre tract and at the northeast corner of a called 61.905 acre tract of land as described in a Special Warranty Deed to Bloomfield Homes, LP, a Texas Limited Partnership, recorded in Instrument No. 20211220002555410 (O.P.R.C.C.T.); THENCE South 89 degrees 28 minutes 48 seconds West, along the south line of said 275.00 acre tract and the north line of said 61.90S acre tract, a distance of 659.19 feet to a one-half inch iron rod with yellow plastic cap stamped "BOHLER ENG.", (hereon after called "capped iron rod") set at the POINT OF BEGINNING of the herein described tract of land, - THENCE South 89 degrees 28 minutes 48 seconds West, along the south line of said 275.000 acre tract, a distance of 2,325.68 feet to a mag nail with washer stamped "BOHLER ENG." set at the southwest corner of said 275.00 acre tract of land, at the northwest corner of a called 64.50 acre tract of land described in a in a deed, recorded in Volume 5106, Page 2380 (O.P.R.C.C.T.) and said corner being in the east line of a called 17.863 acre tract of land as described in a Special Warranty Deed to Anna 18, LLC, a Texas limited liability company, recorded in Instrument No. 20161020001423440 (O.P.R.C.C.T.),- THENCE North 01 degree 07 minutes 28 seconds West, along the west line of said 275.00 acre tract, and the east line of said 17.863 acre tract, a distance of 272.50 feet to a one-half inch iron rod found at the northeast corner of said 17.863 acre tract and the southeast corner of a called 74.451 acre tract of land as described in a General Warranty Deed to Anna 75 Investors, LLC, recorded in Instrument No. 2023000049628 (O.P.R.C.C.T.); THENCE North 00 degrees 33 minutes 39 seconds West, along the west line of said 275.00 acre tract and the east line of said 74.451 acre tract, a distance of 4.67 feet to a capped iron rod found at the southwest corner of Rosamond Parkway (120-foot width right-of-way) as shown on final plat of The Woods at Lindsey Place Phase 1, recorded in Instrument No. 2023010000115 (O.P.R.C.C.T.),; THENCE Along the southerly right-of-way line of said Rosamond Parkway, the following courses and distances: Northeasterly a distance of 408.87 feet along a non -tangent curve to the left, having a central angle of 25 degrees 44 minutes 36 seconds, a radius of 910.00 feet, a tangent length of 207.94 feet and whose chord bears North 70 degrees 11 minutes 40 seconds East, a distance of 405.44 feet to a capped iron rod found for corner; Northeasterly a distance of 442.68 feet along a tangent curve to the right, having a central angle of 32 degrees 06 minutes 22 seconds, a radius of 790.00 feet, a tangent length of 227.32 feet and whose chord bears of North 73 degrees 22 minutes 33 seconds East, a distance of 436.91 feet to a capped iron rod found for corner; THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 97 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN North 89 degrees 25 minutes 44 seconds East, a distance of 42.00 feet to a capped iron rod found for corner; South 45 degrees 34 minutes 16 seconds East, a distance of 42.43 feet to a capped iron rod found for corner; North 89 degrees 25 minutes 44 seconds East, a distance of 90.00 feet to a capped iron rod found for corner; North 44 degrees 25 minutes 44 seconds East, a distance of 42.43 feet to a capped iron rod found for corner: North 89 degrees 25 minutes 44 seconds East, a distance of 287.14 feet to a capped iron rod found for corner; Northeasterly a distance of 597.97 feet along a tangent curve to the left, having a central angle of 27 degrees 11 minutes 29 seconds, a radius of 1,260.00 feet, a tangent length of 304.73 feet and whose chord bears North 75 degrees 49 minutes 59 seconds, and a chord distance of 592.38 feet to a capped iron rod found for corner; North 62 degrees 14 minutes 14 seconds East, a distance of 357.72 feet to a capped iron rod found for corner; South 27 degrees 45 minutes 46 seconds East, a distance of 15.00 feet to a capped iron rod set for corner; South 49 degrees 18 minutes 42 seconds East, a distance of 194.61 feet to a capped iron rod set for corner; South 00 degrees 31 minutes 12 seconds East, a distance of 694.65 feet to the POINT OF BEGINNING containing 1,273,196 Sq. Ft. and 29.229 acres of land. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 98 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT L-4 — IMPROVEMENT AREA #2-B LEGAL DESCRIPTION WHEREAS D.R. HORTON — TEXAS, LTD., is the owner of a tract of land situated in the City of Anna, Collin County, Texas, being a part of Eli Witt Survey, Abstract No. 997. being a part of a called 275.00 acre tract of land described in Special Warranty Deed to D.R. HORTON — TEXAS, LTD., recorded in Instrument No. 20210212000310470, Official Public Records, Collin County, Texas, (O.P.R.C.C.T.) and the subject tract. and being more particularly described as follows; COMMENCING at a one-half inch iron rod found on the west line of said 275.00 acre tract, at the northeast corner of a called 17.863 acre tract of land described in a Special Warranty Deed to Anna 18, LLC, recorded by Inst. No. 20161020001423440, (O.P.R.C.C.T.) and at the southeast corner of a called 74.451 acre tract of land described in a Special Warranty Deed to Anna 75 Investors, LLC recorded in Instrument Number 2023000049628, (O.P.R.C.C.T.); THENCE North 00 degrees 33 minutes 39 seconds West, along the west line of said 275.00 acre tract and the east line of said 74.451 acre tract, passing at a distance of 4.67 feet a one-half inch iron rod with yellow plastic cap stamped `BOHLER ENG" found at the southwest corner of Rosamond Parkway (120-foot Nvidth right-of-way) as shown on final plat of The Woods at Lindsey Place Phase 1, an addition to the City of Anna. recorded in Instrument No. 2023010000115 (O.P.R.C.C.T.), and passing at a distance of 125.53 feet a one-half inch iron rod with yellow plastic cap stamped " BOHLER ENG" found at the northwest corner of said Rosamond Parkway, in all, a total distance of 2.864.10 feet to a one-half inch iron rod with a yellow plastic cap stamped "BOHLER ENG" (lierein after called a "capped iron rod") set at being the POINT OF BEGINNING; THENCE North 00 degrees 33 minutes 39 seconds West, continuing along the west line of said 275.00 acre tract and the east line of said 74.451 acre tract, a distance of 928.78 feet to a capped iron rod set for corner; THENCE departing the west line of said 275.00 acre tract and the east line of said 74.451 acre tract, over and across said 275.00 acre tract the following courses and distances; Northeasterly a distance of 780.55 feet along a non -tangent curve to the right, having a central angle of 21 degrees 55 minutes 21 seconds, a radius is 2,040.00 feet, a tangent length of 395.11 feet and whose chord bears North 21 degrees 45 minutes 56 seconds East, a chord distance of 775.80 feet to a capped iron rod set for corner; North 32 degrees 43 minutes 36 seconds East, a distance of 143.56 feet to a capped iron rod set for corner on the north line of said 275.00 acre tract and the south line of a called 92.667 acre tract of land described as Tract Two in a Correction Special Warranty Deed to Liberty 800, LP recorded by Instrument No. 2023000025691 (O.P.R.C.C.T.), from which a one-half inch iron rod found bears North 86 degrees 39 minutes 03 seconds West, a distance of 374.37 feet for the northwest corner of said 275.00 are tract; THE WOODS AT UNDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 99 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN THENCE South 86 degrees 39 minutes 03 seconds East, along the north line of said 275.00 acre tract and the south line of said 92.667 acre tract, a distance of 91.81 feet to a capped iron rod set for corner.. from which a one-half inch iron rod found bears South 86 degrees 39 minutes 03 seconds East, a distance of 308.57 feet for the most easterly southeast corner of said 92.667 acre tract. THENCE departing the north line of said 275.00 acre tract and the south line of said 92.667 acre tract, over and across said 275.00 acre tract the following courses and distances: South 32 degrees 43 minutes 36 seconds `Vest, a distance of 88.26 feet to a capped ion rod set for corner: South 12 degrees 16 minutes 24 seconds East, a distance of 42.43 feet to a capped iron rod set for corner: South 32 degrees 43 minutes 36 seconds West. a distance of 70.34 feet to a capped iron rod set for corner, Southwesterly a distance of 20.23 feet along a tangent curve to the left, having a central angle of 00 degrees 36 minutes 03 seconds. a radius is 1,930.00 feet, a tangent length of 10.12 feet and whose chord bears South 32 degrees 25 minutes 35 seconds West, a distance of 20.23 feet to a capped iron rod set for corner; South 77 degrees 22 minutes 37 seconds West. a distance of 41.93 feet to a capped iron rod set for corner, Southwesterly a distance of 660.10 feet along a non -tangent curve to the left, having a central angle of 19 degrees 17 minutes 47 seconds. a radius is 1.960.00 feet, a tangent length of 333.21 feet and whose chord bears South 21 degrees 36 ininutes 54 seconds West, a chord distance of 656.99 feet to a capped iron rod set for corner: South 33 degrees 37 minutes 41 seconds East, a distance of 42.31 feet to a capped iron rod set for corner, Southwesterly a distance of 90.24 feet along a non -tangent curve to the left, having a central angle of 02 degrees 40 minutes 44 seconds, a radius is 1,930.00 feet, a tangent length of 45.13 feet and whose chord bears South 09 degrees 44 minutes 53 seconds West, and chord distance of 90.23 feet to a capped iron rod set for corner, South 53 degrees 05 minutes 56 seconds West, a distance of 42.33 feet to a capped iron rod set for corner: Southwesterly distance of 276.75 feet along a non -tangent curve to the left. having a central angle of 08 degrees 05 minutes 23 seconds. a radius is 1,960.00 feet, a tangent length of 138.60 feet and whose chord bears South 03 degrees 29 minutes 03 seconds West, and chord distance of 276.51 feet to a capped iron rod set for corner; THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 100 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN South 00 degrees 33 minutes 39 seconds East, a distance of 291.35 feet to a capped iron rod set for corner; South 45 degrees 33 minutes 39 seconds East, a distance of 42.43 feet to a capped iron rod set for corner; North 89 degrees 26 minutes 21 seconds East, a distance of 167.00 feet to a capped iron rod set for corner; South 77 degrees 19 minutes 13 seconds East, a distance of 77.32 feet to a capped iron rod set for corner; North 51 degrees 03 minutes 34 seconds East. a distance of 12.42 feet to capped iron rod set for comer; North 00 degrees 33 minutes 39 seconds West, a distance of 105.00 feet to a capped iron rod set for corner; North 89 degrees 26 minutes 21 seconds East, a distance of 540.00 feet to a capped iron rod set for corner; South 00 degrees 33 minutes 39 seconds East. a distance of 115.00 feet to a capped iron rod set for corner: North 89 degrees 26 minutes 21 seconds East. a distance of 24.50 feet to a capped iron rod set for corner; South 00 degrees 33 minutes 39 seconds East, a distance of 50.00 feet to a capped iron rod set for corner; South 89 degrees 26 minutes 21 seconds West. a distance of 7.77 feet to a capped iron rod set for corner; South 44 degrees 26 minutes 21 seconds West, a distance of 14.14 feet to a capped iron rod set for corner; South 00 degrees 33 minutes 39 seconds East, a distance of 110.00 feet to a capped iron rod set for corner; North 89 degrees 26 minutes 21 seconds East, a distance of 310.00 feet to a capped iron rod set for corner: South 00 degrees 33 minutes 39 seconds East, a distance of 120.00 feet to a capped iron rod set for corner; THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 101 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN North 89 degrees 26 minutes 21 seconds East, a distance of 128.63 feet to a capped iron rod set for corner: South 00 degrees 33 minutes 39 seconds East, a distance of 460.00 feet to a capped iron rod set for corner: South 89 degrees 26 minutes 21 seconds West, a distance of 21.37 feet to a capped iron rod set for corner: South 00 degrees 33 minutes 39 seconds East. a distance of 150.00 feet to a capped iron rod set for corner; South 27 degrees 46 minutes 10 seconds East, a distance of 58.73 feet to a capped iron rod set for corner; North 62 degrees 13 minutes 50 seconds East. a distance of 15.47 feet to a capped iron rod set for corner; Northeasterly distance of 28.46 feet along a non -tangent cun°e to the left, having a central angle of 07 degrees 14 minutes 52 seconds, a radius is 225.00 feet. a tangent length of 14.25 feet and whose chord bears North 58 degrees 36 minutes 24 seconds East, and chord distance of 28.44 feet to a capped iron rod set for corner; South 35 degrees 01 minute 02 seconds East, a distance of 50.00 feet to a capped iron rod set for corner; Southwesterly a distance of 8.36 feet along a non -tangent curl e to the right, having a central angle of 01 degree 44 minutes 33 seconds, a radius is 275.00 feet, a tangent length of 4.18 feet, and whose chord bears South 56 degrees 53 minutes 46 seconds West and a chord distance of 8.36 feet to a capped iron rod set for corner. South 14 degrees 33 minutes 48 seconds West, a distance of 14.78 feet to a capped iron rod set for corner; South 27 degrees 46 minutes 10 seconds East, a distance of 220.49 feet to a capped iron rod set for corner; South 72 degrees 46 minutes 10 seconds East. a distance of 14.14 feet to a capped iron rod set for corner; North 62 degrees 13 minutes 50 seconds East, a distance of 10.50 feet to a capped iron rod set for corner: South 27 degrees 46 minutes 10 seconds East, a distance of 50.00 feet to a capped iron rod set for corner. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 102 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN South 62 degrees 13 minutes 50 seconds West. a distance of 10.50 feet to a capped iron rod set for corner; South 17 degrees 13 ininutes 50 seconds West. a distance of 14.14 feet to a capped iron rod set for corner, South 27 degrees 46 minutes 10 seconds East, a distance of 110.00 feet to a one-half inch iron rod with cap stamped BOHLER ENG" found at the northwest corner of Lot 15, Block N of The Woods at Lindsey Place Phase 1, an addition to the City of Anna, as recorded in Instrument Number 2023010000115, O.P.R.C.C.T.; THENCE along the north line of said The Woods at Lindsey Place Phase 1 the following courses and distances: South 62 degrees 13 minutes 50 seconds West, a distance of 324.78 feet to a one-half inch iron rod with cap stamped "BOHLER ENG" found in the north line of Lot 6, Block O South 89 degrees 25 minutes 47 seconds West, a distance of 556.69 feet a one-half inch iron rod with cap stamped "BOHLER ENG" found in the west line of Harlow Blvd (a 50' right-of-way): North 00 degrees 33 minutes 39 seconds West. a distance of 959.91 feet to a capped iron rod set for corner: North 04 degrees 43 minutes 04 seconds West. a distance of 100.26 feet to a capped iron rod set for corner; North 00 degrees 33 minutes 39 seconds West. a distance of 250.00 feet to a capped iron rod set for corner, South 89 degrees 26 minutes 21 seconds West a distance of 698.73 feet to the POINT OF BEGINNING containing 1,196,749 Sq. Ft. or 27.474 acres; THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 103 2024 ,AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN EXHIBIT L-5 — REMAINDER AREA LEGAL DESCRIPTION The Remainder Area is the boundary described in Exhibit L-1 save and except the boundaries described in Exhibit L-2, Exhibit L-3, and Exhibit L-4. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 104 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN APPENDIX A — IMPROVEMENT AREA #2 INVOICE SUMMARY TABLE [Remainder of page left intentionally blank.] THE WOODS AT LIiNDSEY PEACE PUBLIC IMPROVEMENT DISTRICT 105 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 0 1 L CQ O 5C? Z C O U D 2 L V) Z Oo ry L) w aQ J J < a a o < x a O m Z O 2 _z d LLJ O W 0 co •--r a D �D n V 1 N x O O 00 .-1 N i t r1 :A L L n •a rN .•1 In �� p q ,�0p0 W n .i T n V_ O O In ID M r-1 •-I n n m �q •'"� Q .-1 'D ((']] fV N N a 70 O N O1 M1 JO N-� N M "O D In r T .-4 M /� .a m m V1 in m 00 n m N In m ra m N N N N N VN N 9 N Vl 4'1 N N N N N 11 4't N 4i v O to •-+ n N pp O I'i ID K1 m in .r QY P r O •J' I'� m N ti N m •1 O ti C.`i '•f rri V o O O o r, I� 00 N .-1 1!1 '•1 00 -•a] J'1 .Ti n I N iA N N N N N �'� +. 4'1 4'1 N VQQT N N N N VppL appA N 4'1 4'f N V1 In 8 a O n J O q cn rY ai .ti m tC O ^ rn a .V N -w8 t!� �.D In ON q M T .7p V1 n Q V} N ••i N N .D r` G O 41 N V1 N N N N r.'1 N N N V1 N V1 N N 1A N N N pp Q In G In u - !J -m u1 n m �npI N It N w m .-/ 01 u) Q q m i 1^ VQQf V1 N t^ N IR I^ I^ N s/1 N V1 VII y-. tCQ^ 1QQA �pND In en ^t^In N Vt •D O O O ✓' Q p1 %mj '(-nn I pO y •D S4 In m In N N N V1 V1 N t,'1 4.1 N N N N N N N I N N N in N 4'1 4'1 •--` 4h N N .D (n •1 1/'1 VD �D 00 N O Q 00 J i- In In V1 n •D m f+ ll O ri Q m ry M h g q .-c !i M . •n a Cl •-I 0 m M q i • a ID ry ri I\ q .-� m =i n •� F ry m e4 v) .-i .-. t•i m N N VI N N N V1 N V1 V1 V1 N 4/QQ1 V1 V1 N N VS N V1 V1 4'1 N V1 ✓t h r� O O Q7 •""� IQn1 pp rj {V/11 e4 �y(77 N Qo �D n W pp 01 In .-1 N 01 N�. U O m T 01 q rV N q q � C, OJ In m a — uYl +T N N :A N Ic N N V1 V1 in Vt V'1 N N V1 V1 V7 I^ N N N N N V1 V1 N N N N Vt ao you NcL R 3 N ry a J1 4D .i a N m q ryrV h pp O� N N V•�� n M snD Q ID q h M a T I M JO V1 In N 4A V. N N N N N 11 N to V1 N V5 N iA 'N N ,� �'l .1 N ^ N (n N rry w N It -D n O q 77 O O 5 O r% I � •D ry q m •D N N V1 N N N N N N V1 N In t4 N 1n N N N n Z W W H � S u0 W ►- Z � NY z m N N ' uj m �- p In i 1u 2 O r Z Fn- °n m I 1-- � w �a v1 am/ x (O W I d' Z w WW ac Z ��j y z< L O m pr z � pGo� ~ h ¢ t S z u< Z< z z X1 t2� q O� 5 C m w Z t 5Fx E W O W z 'n r Q f W tyJ[ la/ Vf F VI C 'Ti s F-' Vl W Z G W W W •'Q N ~ Z LO 0 Q ~ W x z ( ,� G OC Y- l.i `t' z W O O O W i/1 N - APPENDIX B — BUYER DISCLOSURES Forms of the buyer disclosures for the following Lot Types are found in this Appendix: ■ Improvement Area #1 Lot Type 1 Lot Type 2 ■ Improvement Area 42-A u Improvement Area #2-A Initial Parcel o Lot Type 3 ■ Improvement Area #2-13 Improvement Area 42-B Initial Parcel Lot Type 4 Lot Type 5 THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT 107 2024 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #1 LOT TYPE 1 NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherivise convey real property that is located in a public improvement district established under Subchapter A. Chapter 372, Local Govermuent Code (except for public improvement districts described under Section 372.00S), or Chapter 382. Local Go-v-eminent Code. shall first give to the purchaser of the property this written notice. signed by the seller. For the purposes of this notice. a contract for the purchase and sale of real property having a performance period of less than sit months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 1) 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 govermnental entity. or 9) of only a mineral interest. leaseliold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale. either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser. subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LOT TYPE 1 PRINCIPAL ASSESSMENT: $33,231.47 As the purchaser of the real property described above, you are obligated to pay assessments to die City of Anna. Texas, for the costs of a portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within The Woods at Lindse► Place Pr�$lic bnproi�e»rent District (tile "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 arnival installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. 1 To be included in separate copy of the notice required by Section 5.01 l3, 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 Itnprovenient District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for tine purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]' To be included in copy of the notice required by Section 5.014. Tex. Prop. Code. to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser- acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF COLLIN § The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose names) isiare subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under niv hand and seal of office on this , ?0 Notary Public, State of Texas]' z To be included in separate copy of the notice required by Section 5.0143. Tex. Prop. Code. to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143. Texas Property Code, as amended. at the closing of the purchase of the real property- at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF COLLIN § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on tlus , 20_. Notary Public.. State of Texas]; To be included in separate copy of the notice required by Section 5.0143. Tex. Prop. Code. to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 1 2025 $ 501.71 $ 1,888.15 $ 166.16 $ $ 214.56 $ 2,770.58 2026 $ 524.52 $ 1,863.69 $ 163.65 $ $ 218.85 $ 2,770.71 2027 $ 551.88 $ 1,838.12 $ 161.03 $ $ 223.22 $ 2,774.26 2028 $ 574.69 $ 1,811.22 $ 158.27 $ $ 227.69 $ 2,771.86 2029 $ 602.05 $ 1,783.20 $ 155.39 $ $ 232.24 $ 2,772.89 2030 $ 629.42 $ 1,753.85 $ 152.38 $ $ 236.89 $ 2,772.54 2031 $ 661.35 $ 1,723.17 $ 149.24 $ $ 241.63 $ 2,775.38 2032 $ 697.83 $ 1,685.97 $ 145.93 $ $ 246.46 $ 2,776.19 2033 $ 734.32 $ 1,646.72 $ 142.44 $ $ 251.39 $ 2,774.86 2034 $ 775.37 $ 1,605.41 $ 138.77 $ $ 256.41 $ 2,775.96 2035 $ 820.98 $ 1,561.80 $ 134.89 $ $ 261.54 $ 2,779.21 2036 $ 866.59 $ 1,515.62 $ 130.79 $ $ 266.77 $ 2,779.77 2037 $ 912.20 $ 1,466.87 $ 126.45 $ $ 272.11 $ 2,777.63 2038 $ 966.93 $ 1,415.56 $ 121.89 $ $ 277.55 $ 2,781.94 2039 $ 1,017.10 $ 1,361.17 $ 117.06 $ $ 283.10 $ 2,778.43 2040 $ 1,076.40 $ 1,303.96 $ 111.97 $ $ 288.76 $ 2,781.09 2041 $ 1,135.69 $ 1,243.41 $ 106.59 $ $ 294.54 $ 2,780,23 2042 $ 1,204.10 5 1,179.53 $ 100.91 $ $ 300.43 $ 2,784.97 2043 $ 1,272.52 $ 1,111.80 $ 94.89 $ $ 306.44 $ 2,785.65 2044 $ 1,340.94 $ 1,040.22 $ 88.53 $ $ 312.57 $ 2,782.25 2045. $ 1,423.03 $ 961.44 $ 81.82 $ $ 318.82 $ 2,785.11 2046 $ 1,509.69 $ 877.83 $ 74.71 $ $ 325.20 $ 2,787.43 2047 $ 1,596.35 $ 789.14 $ 67.16 $ $ 331.70 $ 2,784.35 2048 $ 1,696.69 $ 695.35 $ 59.18 $ $ 338.33 $ 2,789.56 2049 $ 1,797.04 $ 595.67 $ 50.70 $ - $ 345.10 $ 2,788.50 2050 $ 1,906.50 $ 490.10 $ 41.71 $ $ 352.00 $ 2,790.31 2051 $ 2,020.52 $ 378.09 $ 32.18 $ $ 359.04 $ 2,789.84 2052 $ 2,143.67 $ 259.38 $ 22.08 $ $ 366.22 $ 2,791.35 2053 $ 2,271.38 $ 133.44 $ 11.36 $ (2,404.82) $ 373.5S $ 384.90 Total"' $ 33,231.47 $35,979.88 $3,108.12 $(2,404.82) $ 8,323.12 $ 78,237.77 Footnotes: [a] Interest rate on the Improvement Area #1 Bonds is 4.875% for bonds maturing 2030, 5.625% for bonds maturing 2043, and 5.875% for bonds maturing 2053. [b] Assumes the Reserve Fund is fully funded and available to reduce Annual Installments in the final year. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [d] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #1 LOT TYPE 2 NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A. Chapter 372, Local Govermnent Code (except for public improvement districts described under Section 372.005). or Chapter 382, Local Goverrunent Code, shall first give to the purchaser of the property this written notice. signed by the seller. For the purposes of this notice. a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor- or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under- a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court -ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship. conservatorship. or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale. either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser. subject to certain exceptions. is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LOT TYPE 2 PRINCIPAL ASSESSMENT: S34,616.12 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 unprovement or services project (the "Authorized Improvements") undertaken for the benefit of the property within The ici'oods at Lindsc�t Place Public Impromment District (the 'District") created under Subchapter A, Chapter 372, Local Government Code. ANT ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS. `'4'HIC'H MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER To be included in copy of the notice required by Section 5.014. Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF COLLIN § The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose names) is/are subscribed to the foregoing instrument, and acknowledged to me that lie 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]' .20 3 To be included in separate copy of the notice required by Section i.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 Inforniation of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143. Texas Property Code. as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § § COUNTY OF C'OLLIN § 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]; 0_ To be included in separate copy of the notice required by Section 5.0143. Tex. Prop. Code. to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - IMPROVEMENT AREA #1 LOT TYPE 2 2025 $ 522.61 $ 1,966.83 $ 173.08 $ $ 223.50 $ 2,886.02 2026 $ 546.37 $ 1,941.35 $ 170.47 $ $ 227.97 $ 2,886.15 2027 $ 574.88 $ 1,914.71 $ 167.74 $ $ 232.53 $ 2,889.85 2028 $ 598.63 $ 1,886.69 $ 164.86 $ $ 237.18 $ 2,887.36 2029 $ 627.14 $ 1,857.50 $ 161.87 $ $ 241.92 $ 2,888.43 2030 $ 655.64 $ 1,826.93 $ 158.73 $ $ 246.76 $ 2,888.07 2031 $ 688.90 $ 1,794.97 $ 155.45 $ $ 251.69 $ 2,891.02 2032 $ 726.91 $ 1,756.22 $ 152.01 $ $ 256.73 $ 2,891.86 2033 $ 764.92 $ 1,715.33 $ 148.38 $ $ 261.86 $ 2,890.48 2034 $ 807.68 $ 1,672.30 $ 144.55 $ $ 267.10 $ 2,891.63 2035 $ 855.19 $ 1,626.87 $ 140.51 $ $ 272.44 $ 2,895.01 2036 $ 902.70 $ 1,578.77 $ 136.24 $ $ 277.89 $ 2,895.59 2037 $ 950.21 $ 1,527.99 $ 131.72 $ $ 283.45 $ 2,893.37 2038 $ 1,007.22 $ 1,474.54 $ 126.97 $ $ 289.12 $ 2,897.85 2039 $ 1,059.48 $ 1,417.88 $ 121.94 $ $ 294.90 $ 2,894.20 2040 $ 1,121.25 $ 1,358.29 $ 116.64 $ $ 300.80 $ 2,896.97 2041 $ 1,183.01 $ 1,295.22 $ 111.03 $ $ 306.81 $ 2,896.07 2042 $ 1,254.28 $ 1,228.67 $ 105.12 $ $ 312.95 $ 2,901.02 2043 $ 1,325.54 $ 1,158.12 $ 98.85 $ $ 319.21 $ 2,901.72 2044 $ 1,396.81 $ 1,083.56 $ 92.22 $ $ 325.59 $ 2,898.18 2045 $ 1,482.33 $ 1,001.50 $ 85.23 $ $ 332.10 $ 2,901.16 2046 $ 1,572.60 $ 914.41 $ 77.82 $ $ 338.75 $ 2,903.57 2047 $ 1,662.87 $ 822,02 $ 69.96 $ $ 345.52 $ 2,900.37 2048 $ 1,767.39 $ 724.33 $ 61.64 $ $ 352.43 $ 2,905,79 2049 $ 1,871.91 $ 620.49 $ 52.81 $ $ 359.48 $ 2,904.69 2050 $ 1,985.94 $ 510.52 $ 43.45 $ $ 366.67 $ 2,906.57 2051 $ 2,104.71 $ 393.84 $ 33.52 $ $ 374.00 $ 2,906.08 2052 $ 2,232.99 $ 270.19 $ 23.00 $ $ 381.48 $ 2,907.66 2053 $ 2,366.02 $ 139.00 $ 11.83 $ (2,505.02) $ 389.11 $ 400.94 Totall`l $ 34,616.12 $37,479.04 $3,237.62 $(2,505.02) $ 8,669.92 $ 81,497.68 Footnotes: [a] Interest rate on the Improvement Area #1 Bonds is 4.875% for bonds maturing 2030, 5.625% for bonds maturing 2043, and 5.875% for bonds maturing 2053. [b] Assumes the Reserve Fund is fully funded and available to reduce Annual Installments in the final year, [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [d] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #2-A INITIAL PARCEL NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382. Local Goveriuiient Code, sliall 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 bankiliptcy: 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 trot 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 goverrurlental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale. either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser. subject to certain exceptions. is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LMPROVEMENT AREA #2 -A INITIAL P ARCEL PRINCIPAL ASSESSMENT: $1,753,813.71 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 TI Dods at Lindsey Place Public huprovenrent 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 «ILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay hnprovement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]' To be uieluded in copy of the notice required by Section 5.014. Tex. Prop. Code.. to be executed by seller in accordance with Section 5.014(a-1). Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF C'OLLIN § The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose names) is. are subscribed to the foregoing instrument, and acknowledged to me that lie or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this Notary Public, State of Texas]3 ?0 a To be included in separate copy of the notice required by Section 5.0143. Tex. Prop. Code. to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [Tile 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 .0143. Texas Property Code. as amended, at the closing of the purchase of the real property at the address above. 4 DATE: SIGNATURE OF SELLER STATE OF TEXAS COUNTY OF COLLIN DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this Notary Public, State of Texas]' ?0 To be included in separate copy of the notice required by Section 5.0143. Tex. Prop. Code. to be executed at the closing of tine purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS — IMPROVEMENT AREA #2-A INITIAL PARCEL 2025 $ 22,183.83 $ 105,228.82 $ 12,372.58 $ 139,785.24 2026 $ 23,514.86 $ 103,897.79 $ 12,620.04 $ 140,032.69 2027 $ 24,925.76 $ 102,486.90 $ 12,872.44 $ 140,285.09 2028 $ 26,421.30 $ 100,991.36 $ 13,129.88 $ 140,542.54 2029 $ 28,006.58 $ 99,406.08 $ 13,392.48 $ 140,805.14 2030 $ 29,686.97 $ 97,725.68 $ 13,660.33 $ 141,072.99 2031 $ 31,468.19 $ 95,944.46 $ 13,933.54 $ 141,346.20 2032 $ 33,356.28 $ 94,056.37 $ 14,212.21 $ 141,624.87 2033 $ 35,357.66 $ 92,055.00 $ 14,496.45 $ 141,909.11 2034 $ 37,479.12 $ 89,933.54 $ 14,786.38 $ 142,199.04 2035 $ 39,727.87 $ 87,684.79 $ 15,082.11 $ 142,494.77 2036 $ 42,111.54 $ 85,301.12 $ 15,383.75 $ 142,796.41 2037 $ 44,638.23 $ 82,774.42 $ 15,691.43 $ 143,104.09 2038 $ 47,316.53 $ 80,096.13 $ 16,005.26 $ 143,417.91 2039 $ 50,155.52 $ 77,257.14 $ 16,325.36 $ 143,738.02 2040 $ 53,164.85 $ 74,247.81 $ 16,651.87 $ 144,064.53 2041 $ 56,354.74 $ 71,057.92 $ 16,984.91 S 144,397.56 2042 $ 59,736.03 S 67,676.63 $ 17,324.60 $ 144,737.26 2043 $ 63,320.19 $ 64,092.47 S 17,671.10 S 145,083.75 2044 $ 67,119.40 $ 60,293.26 $ 18,024.52 $ 145,437.18 2045 $ 71,146.56 $ 56,266.09 $ 18,385.01 $ 145,797.67 2046 $ 75,415.36 $ 51,997.30 $ 18,752.71 $ 146,165.37 2047 $ 79,940.28 $ 47,472.38 $ 19,127.76 $ 146,540.42 2048 $ 84,736.69 $ 42,675.96 $ 19,510.32 $ 146,922.97 2049 $ 89,820.90 $ 37,591.76 $ 19,900.52 $ 147,313.18 2050 $ 95,210.15 $ 32,202.51 $ 20,298.53 $ 147,711.19 2051 $ 100,922.76 $ 26,489.90 $ 20,704.50 $ 148,117.16 2052 $ 106,978.12 $ 20,434.53 $ 21,118.59 $ 148,531.25 2053 $ 113,396.81 $ 14,015.85 $ 21,540.96 $ 148,953.62 2054 $ 120,200.62 $ 7,212.04 $ 21,971.78 $ 149,384.44 Total`, $1,753,813.71 $2,068,566.00 $ 501,931.97 $4,324,311.67 Footnotes: [a] Interest is calculated at a 5.71% rate for illustrative purposes, and subject to change. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #2-A LOT TYPE 3 NOTICE OF OBLIGATIONS RELATED TO PUBLICIMPROVEMENT 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 ti ustor 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, guardiansliip, 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, leaseliold 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 wlmicli the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LOT TYPE 3 PRLNCIPAL ASSESSMENT: $36,537.79 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 ffootls at Lindsey Place 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, ADMNISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. 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 tine purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER To be i icluded in copy of the notice required by Section 5.014. Tex. Prop. Code. to be exectited by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS COUNTY OF COLLIN The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this Notary Public, State of Texas]' , ?0 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 [Tile undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143. Texas Property Code. as amended. at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § § COUNTY OF COLLIN § DATE: SIGNATURE OF SELLER The foregoina 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 isle that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this ?0_. Notary Public. State of Texas]' To be included in separate copy of the notice required by Section 5.0143. Teti. 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 Nvith Current Inforination of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 3 2025 $ 462.16 $ 2,192.27 $ 257.76 $ 2,912.19 2026 $ 489.89 $ 2,164.54 $ 262.92 $ 2,917.35 2027 $ 519.29 $ 2,135.14 $ 268.18 $ 2,922.61 2028 $ 550.44 $ 2,103.99 $ 273.54 $ 2,927.97 2029 $ 583.47 $ 2,070.96 $ 279.01 $ 2,933.44 2030 $ 618.48 $ 2,035.95 $ 284.59 $ 2,939.02 2031 $ 655.59 $ 1,998.84 $ 290.28 $ 2,944.71 2032 $ 694.92 $ 1,959.51 $ 296.09 $ 2,950.52 2033 $ 736.62 $ 1,917.81 $ 302.01 $ 2,956.44 2034 $ 780.82 $ 1,873.62 $ 308.05 $ 2,962.48 2035 $ 827.66 $ 1,826.77 $ 314.21 $ 2,968.64 2036 $ 877.32 $ 1,777.11 $ 320.49 $ 2,974.93 2037 $ 929.96 $ 1,724.47 $ 326.90 $ 2,981.34 2038 $ 985.76 $ 1,668.67 $ 333.44 $ 2,987.87 2039 $ 1,044.91 $ 1,609.52 $ 340.11 $ 2,994.54 2040 $ 1,107.60 $ 1,546.83 $ 346.91 $ 3,001.34 2041 $ 1,174.06 $ 1,480.37 $ 353.85 $ 3,008.28 2042 $ 1,244.50 $ 1,409.93 $ 360.93 $ 3,015.36 2043 $ 1,319.17 $ 1,335.26 $ 368.15 $ 3,022.58 2044 $ 1,398.32 $ 1,256.11 $ 375.51 $ 3,029.94 2045 $ 1,482.22 $ 1,172.21 $ 383.02 $ 3,037.45 2046 $ 1,571.15 $ 1,083.28 $ 390.68 $ 3,045.11 2047 $ 1,665.42 $ 989.01 $ 398.50 $ 3,052.93 2048 $ 1,765.35 $ 889.08 $ 406.46 $ 3,060.90 2049 $ 1,871.27 $ 783.16 $ 414.59 $ 3,069.02 2050 $ 1,983.54 $ 670.89 $ 422.89 $ 3,077.32 2051 $ 2,102.56 $ 551.87 $ 431.34 $ 3,085.77 2052 $ 2,228.71 $ 425.72 $ 439.97 $ 3,094.40 2053 $ 2,362.43 $ 292.00 $ 448.77 $ 3,103.20 2054 $ 2,504.18 $ 150.25 $ 457.75 $ 3,112.18 Total'`' $36,537.79 $ 43,095.12 $ 10,456.92 $ 90,089.83 Footnotes: [a] Interest is calculated at a 5.71% rate for illustrative purposes, and subject to change. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] Totals may not sum due to rounding. THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #2-13 INITIAL PARCEL NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A. Chapter 372, Local Governruent Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice. signed by the seller. For the purposes of this notice. a contract for the purchase and sale of real property having a performance period of less than sit months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest. 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court -ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser. subject to certain exceptions. is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS IMPROVEMENT AREA #2-11 INITI_aL PARCEL PRINCIPAL ASSESSMENT: S3,916,186.29 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 Moods at Lhtdsi y Place Public Intproi entent District (the "District") created under Subchapter A. Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. t 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 hnprovetnent District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: ----------- --------------------- SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER] 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 3.014(a-1). Tex. Prop. Code. Signature Page to Iiutial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § C'Ot-NTTZ' OF COLLIN § The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this Notary Public, State of Texas]' ?0 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 Collie County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143.. Texas Property Code. as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS COUNTY OF COLLIN DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and . known to me to be the person(s) whose natne(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]; 0_ To be included in separate copy of the notice required by Section 5.0143. Tex. Prop. Code. to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS — IMPROVEMENT AREA #2-B INITIAL PARCEL 2025 $ 49,535.49 $ 234,971.18 $ 27,627.42 $ 312,134.09 2026 $ 52,507.62 $ 231,999.05 $ 28,179.96 $ 312,686.64 2027 $ 55,658.08 $ 228,848,59 $ 28,743.56 $ 313,250.24 2028 $ 58,997.57 $ 225,509.11 $ 29,318,44 $ 313,825.11 2029 $ 62,537.42 $ 221,969.25 $ 29,904.81 $ 314,411.48 2030 $ 66,289.66 $ 218,217.01 $ 30,502.91 $ 315,009.58 2031 $ 70,267.04 $ 214,239.63 $ 31,112.96 $ 315,619.63 2032 $ 74,483.07 $ 210,023.60 $ 31,735.22 $ 316,241.89 2033 $ 78,952.05 $ 205,554.62 $ 32,369.93 $ 316,876.60 2034 $ 83,689.17 S 200,817.50 $ 33,017.33 $ 317,524.00 2035 $ 88,710.52 $ 195,796.15 $ 33,677.67 $ 318,184.34 2036 $ 94,033.16 $ 190,473.51 $ 34,351.23 $ 318,857.90 2037 $ 99,675.15 $ 184,831.53 $ 35,038.25 $ 319,544.92 2038 $ 105,655.65 5 178,851.02 $ 35,739.01 $ 320,245.68 2039 $ 111,994.99 $ 172,511.68 $ 36,453.80 $ 320,960.47 2040 $ 118,714.69 $ 165,791.98 $ 37,182.87 $ 321,689.54 2041 $ 125,837.58 $ 158,669.10 $ 37,926.52 $ 322,433.19 2042 $ 133,387.83 $ 151,118.84 $ 38,685.06 $ 323,191.73 2043 $ 141,391.10 $ 143,115.57 $ 39,458.75 $ 323,965,43 2044 $ 149,874.57 $ 134,632.11 $ 40,247.93 $ 324,754.60 2045 $ 158,867.04 $ 125,639.63 $ 41,052.89 $ 325,559.56 2046 $ 168,399.06 $ 116,107.61 $ 41,873.95 $ 326,380,62 2047 $ 178,503.01 $ 106,003.67 $ 42,711.43 $ 327,218.10 2048 $ 189,213.19 $ 95,293.49 $ 43,565.65 $ 328,072.32 2049 $ 200,565.98 $ 83,940.69 $ 44,436.97 $ 328,943.64 2050 $ 212,599.94 $ 71,906.74 $ 45,325.71 $ 329,832.38 2051 $ 225,355.93 $ 59,150.74 $ 46,232.22 $ 330,738.89 2052 $ 238,877.29 $ 45,629.38 $ 47,156.86 $ 331,663.53 2053 $ 253,209.92 $ 31,296.75 $ 48,100.00 $ 332,606.67 2054 $ 268,402.52 $ 16,104.15 $ 49,062.00 $ 333,568.67 Total"' $ 3,916,186.29 $4,619,013.85 $ 1,120,791.26 $ 9,655,991.40 Footnotes: [a] Interest is calculated at a S.71% rate for illustrative purposes, and subject to change. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #2-B LOT TYPE 4 NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Govermnent Code (except for public improvement districts described under Section 372.00-5). 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 taut: 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest. leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale. either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser. subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS LOT TYPE 4 PRLNCIPAL ASSESSMENT: S28,471.00 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 Roods at Lindsc�j' Place Public Iynprorentent District (the 'District") created under Subchapter A. Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS. WHICH MAY BE PAID IN FULL AT ANY TIME, IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. 1 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. F; m SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]' To be included in copy of the notice required by Section 5,014. Tex. Prop. Code. to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code, Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: SIGNATURE OF PURCHASER STATE OF TEXAS § COLT TY OF COLLIN § DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under niv hand and seal of office on this Notary Public, State of Texas]' 20 I To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143. Texas Property Code. as amended.. at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS COUNTY OF COLLIN DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose nariie(s) is are subscribed to the foregoing instnunlent, 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 tlus Notary Public, State of Texas]' .20 To be included in separate copy of the notice required by Section 5.0143. Tex, Prop. Code. to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 4 2025 $ 360.13 $ 1,708.26 $ 200.85 $ 2,269.24 2026 $ 381.73 $ 1,686.65 $ 204.87 $ 2,273.26 2027 $ 404.64 $ 1,663.75 $ 208.97 $ 2,277.36 2028 $ 428.92 $ 1,639.47 $ 213.15 $ 2,281.53 2029 $ 454.65 $ 1,613.74 $ 217.41 $ 2,285.80 2030 $ 481.93 $ 1,586.46 $ 221.76 $ 2,290.15 2031 $ 510.85 $ 1,557.54 $ 226.19 $ 2,294.58 2032 $ 541.50 $ 1,526.89 $ 230.72 $ 2,299.10 2033 $ 573.99 $ 1,494.40 $ 235.33 $ 2,303.72 2034 $ 608.43 $ 1,459.96 $ 240.04 $ 2,308.43 2035 $ 644.93 $ 1,423.45 $ 244.84 $ 2,313.23 2036 $ 683.63 $ 1,384.76 $ 249.74 $ 2,318.12 2037 $ 724.65 $ 1,343.74 $ 254.73 $ 2,323.12 2038 $ 768.13 $ 1,300.26 $ 259.83 $ 2,328.21 2039 $ 814.21 $ 1,254.17 $ 265.02 $ 2,333.41 2040 $ 863.07 $ 1,205.32 $ 270.32 $ 2,338.71 2041 $ 914.85 $ 1,153.54 $ 275.73 $ 2,344.12 2042 $ 969.74 $ 1,098.65 $ 281.24 $ 2,349.63 2043 $ 1,027.93 $ 1,040.46 $ 286.87 $ 2,355.26 2044 $ 1,089.60 $ 978.79 $ 292.61 $ 2,360.99 2045 $ 1,154.98 $ 913.41 $ 298.46 $ 2,366.85 2046 $ 1,224.28 $ 844.11 $ 304.43 $ 2,372.81 2047 $ 1,297.73 $ 770.66 $ 310.52 $ 2,378.90 2048 $ 1,375.60 $ 692.79 $ 316.73 $ 2,385.11 2049 $ 1,458.13 $ 610.26 $ 323.06 $ 2,391.45 2050 $ 1,545.62 $ 522.77 $ 329.52 $ 2,397.91 2051 $ 1,638.36 $ 430.03 $ 336.11 $ 2,404.50 2052 $ 1,736.66 $ 331.73 $ 342.83 $ 2,411.22 2053 $ 1,840.86 $ 227.53 $ 349.69 $ 2,418.08 2054 $ 1,951.31 $ 117.08 $ 356.68 $ 2,425.07 Total`' $28,471.00 $ 33,580.62 $ 8,148.25 $ 70,199.86 Footnotes: [a] Interest is calculated at a 5.71% rate for illustrative purposes, and subject to change. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment THE WOODS AT LINDSEY PLACE PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE IMPROVEMENT AREA #2-B LOT TYPE 5 NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A. Chapter 372, Local Goverzunent Code (except for public improvement districts described under Section 372.00-5), 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 trtstor 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 goverrunental 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 roust 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.