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HomeMy WebLinkAboutOrd 985-2022 Huricane Creek PID 2022-2023 Annual InstallmentsCITY OF ANNA ORDINANCE NO. �a0aa AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING THE 2022 ANNUAL SERVICE PLAN UPDATE TO THE SERVICE AND ASSESSMENT PLAN, INCLUDING THE ASSESSMENT ROLL, FOR THE HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERNMENT CODE, AS AMENDED; AND PROVIDING AN EFFECTIVE DATE. RECITALS WHEREAS, on November 13, 2018, after notice and a public hearing in the manner required by law, the City Council (the "City Council") of the City of Anna, Texas (the "City") passed and approved Resolution No. 2018-11-506 authorizing the creation of Hurricane Creek Public Improvement District (the "District"); and WHEREAS, on March 12, 2019, after notice and a public hearing in the manner required by law, the City Council passed an Ordinance approving the "Hurricane Creek Public Improvement District Service and Assessment Plan," including the Assessment Roll attached to the Service and Assessment Plan (the "Assessment Roll"), (the "Service and Assessment Plan") and levied the Assessments on property within District in accordance with the Assessment Roll for the purposes of financing the public improvements (the "Authorized Improvements") undertaken for the benefit of such property; and WHEREAS, Chapter 372, Texas Local Government Code (as amended, the "PID Act") requires the Service and Assessment Plan to be reviewed and updated annually for the purposes of determining the annual budget for the Authorized Improvements; and WHEREAS, the City Council has received the "Hurricane Creek Public Improvement District 2022 Annual Service Plan Update" (the "Annual Service Plan Update") which includes the updated Assessment Roll and now desires to proceed with the adoption of this Ordinance which approves and adopts the Annual Service Plan Update and updated Assessment Roll for District as required by the PID Act. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS: Section 1. Terms. Terms not otherwise defined herein are defined in the Service and Assessment Plan. Section 2. Findings. That the recitals and findings in the Recitals of this Ordinance are hereby found and determined to be true and correct and constitute the legislative findings and determinations of the City Council. Section 3. Assessment Plan. The Annual Service Plan Update, including the updated Assessment Roll contained therein, in the form attached as Exhibit A is hereby approved and the same is incorporated as part of this Ordinance as if fully set forth in the body of this Ordinance. Section 4. Severabilityif any provision, section, subsection, sentence, clause, or phrase of this Ordinance, or the application of same to any person or set of circumstances is for any reason held to be unconstitutional, void, or invalid, the validity of the remaining portions of this Ordinance or the application to other persons or sets of circumstances shall not be affected thereby, it being the intent of the governing body of the City in adopting this Ordinance that no portion hereof, or provision or regulation contained herein shall become inoperative or fail by reason of any unconstitutionality, voidness, or invalidity of any other portion hereof, and all provisions of this Ordinance are declared to be severable for that purpose. Section 5. FWn2 in Land Records. The City Secretary is directed to cause a copy of this Ordinance, including the 2022 Annual Service Plan Update, to be recorded in the real property records of Collin County, Texas, on or before August 8, 2022. The City Secretary is further directed to similarly file each Annual Service Plan Update approved by the City Council, with each such filing to occur within seven days of the date each respective Annual Service Plan Update is approved. Section 6. Effective Date. This Ordinance shall take effect immediately from and after its passage in accordance with applicable law. PASSED by the City Council of the City of Anna, Texas this 26's day of July 2022. ATTESTED: OF Aid Carrie L. Land, City Secretary * V Naitpike, Mayor EX �' Exhibit A 2022 Annual Service Plan Update [Remainder of page left intentionally blank.] MKS HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE JULY 26, 2022 INTRODUCTION Capitalized terms used in this Annual Service Plan Update shall have the meanings set forth in the original Service and Assessment Plan (the "SAP"). The District was created pursuant to the PID Act by Resolution No. 2018-11-506 on November 13, 2018, by the City Council to finance certain Authorized Improvements for the benefit of the property in the District. On March 12, 2019, the City Council approved an Ordinance which approved the SAP for the District and levied Assessments to finance the Authorized Improvements to be constructed for the benefit of the Assessed Property within the District. The SAP also set forth the costs of the Authorized Improvements, the indebtedness to be incurred for such Authorized Improvements, and the manner of assessing the property in the District for the costs of such Authorized Improvements based on the benefit provided to the Assessed Property. On July 14, 2020, the City Council approved the 2020 Annual Service Plan Update by adopting Resolution 2020-07-763, which updated the Assessment Rolls for 2020. On July 27, 2021, the City Council approved the 2021 Annual Service Plan Update by adopting Ordinance 929-2021, which updated the Assessment Rolls for 2021. Pursuant to the PID Act, the SAP must be reviewed and updated annually. This document is the 2022 Annual Service Plan Update. This 2022 Annual Service Plan Update also updates the Assessment Rolls for 2022. HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 1 PARCEL SUBDIVISION Improvement Area #1 The final plat of The Villages of Hurricane Creek Phase 1, attached hereto as Exhibit B, was filed and recorded with the County on October 15, 2020. Improvement Area #1 consists of 220 residential Lots and 10 Lots of Non -Benefited Property. Please see Exhibit D for the Lot Type Classification Map. Major Improvement Area No plats have been filed in the Major Improvement Area. LOT & HOME SALES UPDATE Improvement Area #1 Per the Quarterly Report dated March 31, 2022, a total of 30 homes have been built, 161 homes are under construction, and 55 homes have been sold to end -users. See Appendix 1 for Homebuyer Disclosures. Major Improvement Area Per the Quarterly Report dated March 31, 2022, no Lots have been sold, and construction has not started on any homes. OUTSTANDING ASSESSMENT Improvement Area #1 Improvement Area #1 has an outstanding Assessment of $7,089,909.47. Major Improvement Area The Major Improvement Area has an outstanding Assessment of $3,480,000.00. TIRZ NO.2 ANNUAL CREDIT Improvement Area #1 HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 2 The City Council, in accordance with the TIRZ No. 2 TIRZ Agreement, has agreed to use a portion of TIRZ No. 2 TIRZ Revenues generated to reduce the Improvement Area #1 Annual Installment for all Improvement Area #1 Assessed Property so that the Improvement Area #1 Annual Installment minus the TIRZ No. 2 Annual Credit Amount for each Lot Type does not produce an equivalent tax rate which exceeds the competitive composite ad valorem equivalent tax rate taking into consideration the tax rates of all applicable taxing units and the equivalent tax rate of the Improvement Area #1 Annual Installments. The resulting Maximum TIRZ No. 2 Annual Credit Amount for each Lot Type is shown below. Maximum Annual Improvement Area #1 Lot Type 1 $ 1,151 Lot Type 2 $ 1,316 Major Improvement Area Per the SAP, TIRZ No. 2 Revenues shall not be used to reduce the Major Improvement Area Annual Installment. ANNUAL INSTALLMENT DUE 1/31/2023 Improvement Area #1 ■ Principal and Interest — The total principal and interest required for the Annual Installment is $573,125.00. TIRZ No. 2Annual Credit Amount —The total TIRZ No. 2 Annual Credit Amount, credited against the principal and interest required for the Annual Installment, is $28,668.01. Annual Collection Costs —The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment for Improvement Area #1 is $58,309.04. HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 3 Annual Collection Costs IBreakdown Improvement Area #1 Administration $ 31,500.87 City Auditor $ 1,009.25 Filing Fees $ 672.84 County Collection $ 134.57 Miscellaneous $ 672.84 PI D Trustee Fees $ 4,000.00 Dissemination Agent $ 1,500.00 $ 39,490.37 Past Due Invoices $ 18,818.67 Total Administrative Costs $ 58,309.04 Additional Interest — Additional Interest is collected to fund the Additional Interest Reserve Account. The Additional Interest Reserve Requirement, as defined in the Improvement Area #1 Indenture, has not been met. As such, the Additional Interest Reserve Account will be funded with Additional Interest on the outstanding Assessment, resulting in an Additional Interest for Improvement Area #1 of $35,800. Principal $ 115,000.00 Interest $ 458,125.00 TIRZ No. 2 Annual Credit Amount $ (28,668.01 Annual Collection Costs $ 58,309.04 Additional Interest $ 35,800.00 Total Annual Installment S 638.566.03 See Exhibit C-1 for the debt service schedule for the Improvement Area #1 PID Bonds as shown in the official statement. Major Improvement Area ■ Principal and Interest — The total principal and interest required for the Annual Installment for the Major Improvement Area is $291,300.00. • Annual Collection Costs —The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment for the Major Improvement Area is $22,027.63. HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 4 2022 ANNUAL SERVICE PLAN UPDATE Administration $ 15,317.13 City Auditor $ 490.75 Filing Fees $ 327.16 County Collection $ 65.43 Miscellaneous $ 327.16 PI Trustee Fees $ 4,000.00 Dissemination Agent $ 1,500.00 $ 22,027.63 Total Administrative Costs Additional Interest — Additional Interest is collected to fund the Additional Interest Reserve Account. The Additional Interest Reserve Requirement, as defined in the Major Improvement Area Indenture, has not been met. As such, the Additional Interest Reserve Account will be funded with Additional Interest on the outstanding Assessment, resulting in an Additional Interest for the Major Improvement Area of $17,400.00. pal $ 60,000.00 !St $ 231,300.00 al Collection Costs $ 22,027.63 ional Interest $ 17,400.00 Annual Installment S 330,727.63 See Exhibit C-2 for the debt service schedule for the Major Improvement Area PID Bonds as shown in the official statement. PREPAYMENT OF ASSESSMENT IN FULL Improvement Area #1 The following is a list of all Improvement Area #1 Lots that have been paid in full: 2822115 3208Lakeshore Dr 2 10/12/2021 In Progress 2822017 3032 Lakeshore Dr 1 4/18/2022 In Progress HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 5 Major Improvement Area No full prepayments have occurred within the Major Improvement Area. PARTIAL PREPAYMENT OF ASSESSMENTS Improvement Area #1 The following is a list of all Improvement Area #1 Lots that have partially prepaid their assessment: 2821998 3128 Lakeshore Dr 1 11/23/2021 $ 3,500 2821998 3128 Lakeshore Dr 1 N/A' $ 166 Notes: [a] Cumulative additional reduction in outstanding Assessment due to interest savings from partial prepayments. Major Improvement Area No partial prepayments have occurred within the Major Improvement Area. EXTRAORDINARY OPTIONAL REDEMPTIONS Improvement Area #1 No Extraordinary Optional Redemptions have taken place within Improvement Area #1. Maior Improvement Area No Extraordinary Optional Redemptions have taken place within the Major Improvement Area. HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 6 2022 ANNUAL SERVICE PLAN UPDATE BUDGET FOR CONSTRUCTION OF AUTHORIZED IMPROVEMENTS Improvement Area #1 Per the Quarterly Report for Improvement Area #1 dated March 31, 2022, the Authorized Improvements were completed in the second quarter of 2021. The budget for the Authorized Improvements remains unchanged. See below for a table depicting the budgets of Improvement Area #1 Projects, and Actual Costs spent to date. Authorized Improvements Street Water Sanitary Sewer Developer District Formation Expenses Geotechnical testing, SWPPP, Flood Study Storm Drainage Street Lights/Hike & Bike Trail Engineering Area #1 Budget SpentImprovement . Date' $ 2,766,012 $ 2,849,182 103% $ 826,874 $ 769,578 93% $ 919,336 $ 864,366 949/ $ 188,224 $ 162,892 87% $ 41,311 $ 41,311 1000% $ 570,170 $ 682,436 1200% $ 408,270 $ 408,270 1000/0 $ 754,360 $ 609,001 81% $ 6,474,557 $ 6,387,035 99% Notes: 1) Per the Quarterly Reportfor Improvement Area #1 dated March 31, 2022. Major Improvement Area Per the Quarterly Report for the Major Improvement Area dated March 31, 2022, the Authorized Improvements were completed in the second quarter of 2021. The budget for the Authorized Improvements remains unchanged. See below for a table depicting the budgets of the Major Improvement Area Projects, and Actual Costs spent to date. Authorized Improvements Street Water Sanitary Sewer Developer District Formation Expenses Geotechnical testing, SWPPP, Flood Study Storm Drainage Street Lights/Hike & Bike Trail Engineering Notes: Major Improvement Area Budget Spent to Date' % Complete $ 844,355 $ 988,929 117% $ 193,828 $ 218,641 113% $ 631,238 $ 606,424 960/ $ 409,126 $ 354,060 87% $ 89,795 $ 89,795 1009% $ $ 0% $ - $ - 0% $ 239,893 $ 166,496 69% $ 2,408,235 $ 2,424,345 101% 1) Per the Quarterly Report for the Major Improvement Area dated March 31, 2022. HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 7 2022 ANNUAL SERVICE PLAN UPDATE SERVICE PLAN - FIVE YEAR BUDGET FORECAST The Act requires the annual indebtedness and projected costs for the Authorized Improvements to be reviewed and updated in the Annual Service Plan Update, and the projection shall cover a period of not less than five years. Principal $ 115,000.00 $ 125,000.00 $ 130,000.00 $ 135,000.00 $ 145,000.00 Interest 458,125.00 451,512.50 444,325.00 436,850.00 429,087.50 TIRZ No. 2 Annual Credit Amount' (28,668.01) - - - - (1) $ 544,456.99 $ 576,512.50 $ 574,325.00 $ 571,850.00 $ 574,087.50 Annual Collection Costs (2) $ 58,309.04 $ 59,475.22 $ 60,664.73 $ 61,878.02 $ 63,115.58 Additional Interest (3) $ 35,800.00 $ 35,225.00 $ 34,600.00 $ 33,950.00 $ 33,275.00 Total Annual Installment (4) = (1) + (2) + (3) $638,566.03 $671,212.72 $669,589.73 $667,678.02 $670,478.08 Principal $ 60,000.00 $ 60,000.00 $ 65,000.00 $ 70,000.00 $ 70,000.00 Interest 231,300.00 227,700.00 224,100.00 220,200.00 216,000.00 (1) $ 291,300.00 $ 287,700.00 $ 299,100.00 $ 290,200.00 $ 286,000.00 Annual Collection Costs (2) $ 22,027.63 $ 22,468.18 $ 22,917.55 $ 23,375.90 $ 23,843.42 Additional Interest (3) $ 17,400.00 $ 17,100.00 $ 16,800.00 $ 16,475.00 $ 16,125.00 Total Annual Installment (4) = (1)+(2) +(3) $ 330,727.63 $ 327,268.18 $ 329,817.55 $ 330,050.90 $ 325,968.42 Notes: 1) The TIRZ No. 2 Revenue generated by the Improvement Area #1 Assessed Property for the previous Tax Year shall be applied pro rata based on the outstanding Assessment of each Lot to reduce the principal required for the Improvement Area #1 Annual Installment due January 31, 2023. The TIRZ No. 2 Annual Credit Amount shall be updated each year in the Annual Service Plan Update as TIRZ No. 2 Revenue is generated. ASSESSMENT ROLL The list of current Parcels within the District, the corresponding total Assessments, and current Annual Installment are shown on the Assessment Roll attached hereto as Exhibit A-1 and Exhibit A-2 for Improvement Area #1 and the Major Improvement Area, respectively. The Parcels shown on the Assessment Rolls will receive the bills for the 2022 Annual Installments which will be delinquent if not paid by January 31, 2023. HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 8 2022 ANNUAL SERVICE PLAN UPDATE EXHIBIT A-1- IMPROVEMENT AREA #1 ASSESSMENT ROLL 2821896 1 $ 30,990.86 5 2,890.51 $ (139.26) $ 2,751.25 2821897 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821898 1 5 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821899 1 $ 30,990.86 $ 2,890.51 $ (139.26) $ 2,751,25 2821900 1 $ 30,990.86 $ 2,890.51 $ (139.261 $ 2,751.25 2821901 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821902 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821903 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821904 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821905 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821906 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821907 1 $ 30,990.86 $ 2,890.51 $ (126,60) $ 2,763,91 2821908 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821909 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821910 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821911 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821912 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821913 1 $ 30,990.86 $ 2,890.51 $ (132.921 $ 2,757.59 2821914 1 $ 30,990.86 $ 2,890.51 $ (139.26) $ 2,751.25 2821915 1 $ 30,990A6 $ 2,890.51 $ (139.26) $ 2,751.25 2821916 1 $ 30,990.86 $ 2,890.51 $ (139.26) $ 2,751.25 2821918 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821919 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821920 1 $ 30,990.86 $ 2,890.51 $ (139.26) $ 2,751.25 2821921 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821922 1 $ 30,990.86 $ 2,890.51 $ (139.26) $ 2,751.25 2821923 1 $ 30,990.86 $ 2,890.51 $ (145.58) $ 2,744.93 2821924 1 $ 30,990.86 $ 2,890.51 $ (151.91) $ 2,738.60 2821925 1 $ 30,990.86 $ 2,890.51 $ (139.26) $ 2,751.25 2821926 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821927 1 $ 30,990.86 $ 2,890.51 $ (139.26) $ 2,751.25 2821928 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821929 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821930 1 $ 30,990.96 $ 2,890.51 $ (132.92) $ 2,757.59 2821931 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821932 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821933 1 $ 30,990.86 $ 2,990.51 $ (126.60) $ 2,763.91 2921934 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821935 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 9 2022 ANNUAL SERVICE PLAN UPDATE 2821937 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821938 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821939 1 $ 30,990.86 $ 2,890.51 $ (226.60) $ 2,763.91 2821940 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821941 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821942 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821943 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821944 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821945 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821946 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821947 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821948 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821949 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822950 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821951 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821952 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821953 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821954 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821955 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821956 1 $ 30,990.86 $ 2,890.51 $ (126,60) $ 2,763,91 2821957 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821958 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821959 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821960 1 $ 30,990.86 $ 2,890.51 $ (139.26) $ 2,751.25 2821961 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821962 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821963 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821964 1 $ 30,990.86 $ 2,890.51 $ (99.05) $ 2,791.46 2821965 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821966 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821967 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821968 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821969 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821970 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821971 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821972 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821973 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821974 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821975 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821976 1 5 30.990.86 5 2.890.51 5 (132.921 5 2.757.59 HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 10 2821977 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821978 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821979 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821980 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821981 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821982 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821984 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821985 1 $ 30,990.86 $ 2,890.51 $ (126,60) $ 2,763.91 2821986 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821987 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821988 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821989 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821990 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821991 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821992 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821993 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821994 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821995 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821996 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821997 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821998 1 $ 27,324.41 $ 2,548.54 $ (126.60) $ 2,421.94 2821999 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822000 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822001 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822002 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822003 1 $ 30,990.86 $ 2,890.51 $ (126,60) $ 2,763.91 2822004 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822005 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822006 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822007 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822008 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822009 1 $ 30,990.86 $ 2,890.51 $ (132,92) $ 2,757.59 2822010 1 $ 30,990.86 $ 2,890.51 $ (132,92) $ 2,757.59 2822011 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822012 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822013 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822014 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822015 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822016 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822017 1 9 - S - 9 - 9 - HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 11 Outstanding Improvement Annual Installment Area #If.] Annual TIR2#1 Annual Installment .. ID Lot Type Assessment before TIRZ CreditProperty 2821977 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821978 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821979 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821980 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821981 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821982 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821984 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821985 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821986 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821987 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821988 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821989 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821990 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821991 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821992 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2821993 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821994 1 $ 30t990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821995 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821996 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821997 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2821998 1 $ 27,324.41 $ 2,548.54 $ (126.60) $ 2,421.94 2821999 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822000 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2322001 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822002 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757,59 2822003 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822004 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822005 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822006 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822007 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822008 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822009 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822010 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822011 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822012 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822013 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822014 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822015 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822016 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822017 1 $ - $ - $ - $ - HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 12 2022 ANNUAL SERVICE PLAN UPDATE Outstanding Annual Improvement Installment Area Annual UP' TIRZ#1 Annual Installment Due Property ID Lot Type L ssment before TIRZ Credit 1/31/2023 ...... 2822018 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822019 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822020 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822021 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822022 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822023 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822024 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822025 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822026 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822027 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822028 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822029 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822031 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822032 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822033 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822034 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822035 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822036 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822037 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822038 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822039 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822040 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822041 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822042 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822043 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822044 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822045 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822046 2 $ 35,432.55 $ 3,304.78 $ (145.58) $ 3,159.20 2822047 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822048 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822049 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822050 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822051 2 $ 35,432.55 $ 3,304.78 $ - $ 3,304.78 2822052 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822053 2 $ 35,432.55 $ 3,304-78 $ (132.92) $ 3,171.86 2822054 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822055 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822056 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822057 Non -Benefited Property $ - $ - $ - $ - 2822059 2 $ 35,432.55 $ 3,304.78 $ (145.58) $ 3,159.20 HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 13 2022 ANNUAL SERVICE PLAN UPDATE Outstanding Improvement Annual Installment Area 41[" Annual TIRZ#j Annual Installment .- Property ID LotTypo Assessment before TIRZ Credit 2822060 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171,86 2822061 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822062 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822063 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171,86 2822064 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822065 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822066 1 $ 30,990.86 $ 2,890.51 $ (126.60) $ 2,763.91 2822067 1 $ 30,990.86 $ 2,890.51 $ (132.92) $ 2,757.59 2822078 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822079 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822080 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822081 2 $ 35,432.55 $ 3,304.78 $ (145.58) $ 3,159.20 2822082 2 $ 35,432.55 $ 3,304.78 $ (145.58) $ 3,159.20 2822083 2 $ 35,432.55 $ 3,304.78 $ (151.91) $ 3,152.87 2822084 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822085 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822086 2 $ 35,432.55 $ 3,304.78 $ (145.58) $ 3,159.20 2822087 2 $ 35,432.55 $ 3,304.78 $ (145.58) $ 3,159.20 2822088 2 $ 35,432.55 $ 3,304.78 $ (145.58) $ 3,159.20 2822090 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822091 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822092 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822093 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822094 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822095 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822097 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822098 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822099 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822100 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822101 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822102 2 $ 35,432.55 $ 3,304.78 $ (150.20) $ 3,154.58 2822103 2 $ 35,432.55 $ 3,304.78 $ (150.20) $ 3,154.58 2822104 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822105 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822106 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822107 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822108 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822109 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822110 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822111 2 $ 35,432.55 $ 3,304.78 $ (132.921 $ 3,171.86 HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 14 2022 ANNUAL SERVICE PLAN UPDATE Outstanding Improvement Annual Installment Area #1'3' Annual TIRZ#j Annual Installment .. ID Lot Type Assessment before TIRZ CreditProperty 2822112 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822113 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822114 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822115 2 $ - $ - $ - $ - 2822116 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822117 2 $ 35,432.55 $ 3,304.78 $ (132.921 $ 3,171.86 2822118 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822119 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822120 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822121 2 $ 35,432.55 $ 3,304.78 $ (145.58) $ 3,159.20 2822123 2 $ 35,432.55 $ 3,304.78 $ (139.26) $ 3,165.52 2822124 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822125 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822126 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822127 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822128 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822129 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822130 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822131 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822132 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822133 2 $ 35,432.55 $ 3,304.78 $ (132.92) $ 3,171.86 2822134 Non -Benefited Property $ - $ - $ - $ - 2822136 Non -Benefited Property $ - $ - $ - $ - 2822137 Non -Benefited Property $ - $ - $ - $ - 2822138 Non -Benefited Property $ - $ - $ - $ - 2822139 Non -Benefited Property $ - $ - $ - $ - 2822140 Non -Benefited Property $ - $ - $ - $ - 2822141 Non -Benefited Property $ - $ - $ - $ - 2822142 Non -Benefited Property $ - $ - $ - $ - 2822143 Non -Benefited Property $ $ $ $ Total S 7,089,909.47 $ 661,273.22 $ (28,668.01) $ 632,605.72 Notes: [a] Totals may not match the outstanding Assessment or Annual Installment due to rounding. [b] The Annual Installment covers the period September 1, 2022 to August 31, 2023 and is due by January31, 2023 [c] Cumulative of TIRZ No. 2 Annual Credit Amount. HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 15 2022 ANNUAL SERVICE PLAN UPDATE EXHIBIT A-2 - MAJOR IMPROVEMENT AREA ASSESSMENT ROLL 1001356 Major Improvement Area Initial Parcel $ 414,274.17 $ 39,371.24 1007412 Major Improvement Area Initial Parcel $ 730,397.97 $ 69,414.59 2518072 Major Improvement Area Initial Parcel $ 615,871.57 $ 58,530.39 2719039 Major Improvement Area Initial Parcel $ 1,572,525.41 $ 149,447.59 2719040 Major Improvement Area Initial Parcel $ 146,930.88 $ 13,963.82 Total $ 3,480,000.00 $ 330,727.63 Notes: [a] Totals may not match the outstanding Assessment or Annual Installment due to rounding. [b] For billing purposes, the outstanding Assessment and Annual Installments due 1/31/2023 are allocated pro rata to the Property IDs based on acreage. [c] The Annual Installment covers the period September 1, 2022 to August 31, 2023 and is due by January 31, 2023. HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 16 2022 ANNUAL SERVICE PLAN UPDATE EXHIBIT B - FINAL PLAT OF THE VILLAGES OF HURRICANE CREEK PHASE 1 1 _ Loa, I m N ivuervxuoerui�. gyt. �u `a3s,(!(!i�Ii� 1" \ Z It O \, \ \� �• , it uJ 11{ { '11m,YIL�dllunuaiK ('nrL HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 17 2022 ANNUAL SERVICE PLAN UPDATE HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 18 2022 ANNUAL SERVICE PLAN UPDATE r el� E�r3� aa3�e5 r 9 y�l�,{Yie sj5�a: rr„?li �9!ssf 2 JAW .E t ln "•-. F : i; .. Lu ± I. WE 3 9Le \illa� of I Inrtx:nr (hck IMu I HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 19 2022 ANNUAL SERVICE PLAN UPDATE EXHIBIT C-1- DEBT SERVICE SCHEDULE - IMPROVEMENT AREA #1 DEBT SERVICE REQUIREMENTS The following table sets forth the anticipated debt ser%icc requircments for the Bonds: Year Ending (September 1) Principal Interest Total 2019 S 199,957.19 S 199,957.19 2020 470,487.50 470,487.50 2021 S 105,000.00 470,48750 575,487.50 2022 110,000.00 464,450.00 574,450.00 2023 115.000.00 458,125.OD 573,125.00 2024 125,OOD.00 451.51230 576,512.50 2025 130,000.00 444325.OD 574,325.00 2026 135,000.00 436,850.00 571,K50.00 2027 145,ODD.00 429,087.50 574,09750 2028 155.000.00 420,750.00 575,750.00 2029 165,ODD.00 411,837.50 576,837.50 2030 170.ODD.00 402350.00 572350.00 2031 195.000.00 391300.00 576300.00 2032 195,ODO.00 379.275.00 574,275.00 2033 210,000.00 366,600.OD 576,6DO.00 2034 220.000.00 352,950.00 572,950.00 2035 235,000.00 338,650.0D 573,650.00 2036 250,000.00 323.375.00 573375.00 2037 270,OD0.00 307,125.00 577,125.00 2038 285,00D.00 299,575.00 574575.00 2039 305,ODD.00 271.050.00 576,050.00 2040 325,ODD.00 251,775.00 576,225.00 2041 350,ODD.00 230,100.00 580,100.00 2042 370,ODO.00 207350.00 577,350.00 2043 395.000.00 183300.00 578300.00 2044 425,000.00 157,625.00 582,625.00 2045 450,000.00 130,ODD.00 580,OOD.00 2046 4K5,00.00 100,750.00 585,750.00 2047 515,ODD.00 69,225.00 584225.OD 2048 5SD 000.00 35.750.0D 585 75(1(10 Total S7 a75.19111.00 59.445.AAA.69 C16.820.A44.69 HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 20 EXHIBIT C-2 - DEBT SERVICE SCHEDULE - MAJOR IMPROVEMENT AREA DEBT SERVICE REQUIREMENTS The follouing table sets forth the anticipated debt service requirements for the Bonds: Year Ending (September 1) Principal Interest Total 2019 $ 99,705.00 $ 99,705.00 2020 234,600.00 234,600.00 2021 234,600.00 234,600.00 2022 $ 55,000.()0 234,600.00 289,600.00 2023 60,000.00 231,300.00 291,300.00 2024 60,OOD.00 227,700.00 287,700.00 2025 65,000.00 224,100.00 289,100.00 2026 70,000.00 220,200.00 290,200,00 2027 70,000.9D 216,000.00 286,000.00 2028 75,000.00 211,800.00 286,800.00 2029 80,00D.00 207,300.00 287,300.D0 2030 85,000.00 202,500.00 287,500.00 2031 90,000.00 196,762.50 286,76250 2032 95,000.00 190,687.50 285,68750 2033 100,000.00 194,275.00 284.275-00 2034 105,000.00 177,525.00 282,525-00 2035 115,000.00 170,437.50 285,437.50 2036 120,000.00 162,675.00 282,675.00 2037 130,000.00 154,575.00 294,575.00 2038 140,000.00 145,800.00 285,800.00 2039 150,000.00 136,350.00 286,350.00 2040 155,000.00 126,225.00 281,225.00 2041 170,000.00 115,76250 285,762.50 2042 180,000.00 104287.50 284,28730 2043 190,000.00 92,137.50 282,13750 2044 205,000.00 79,312.50 294,312.50 2045 220,000.00 65,475.00 285,475.00 2046 235,000.00 50.625.00 285,625.00 2047 250,000.00 34,762.50 294.762.50 2048 265,000.00 17,887.50 282.887.50 Total S3.535.0011.I111 S4J49967.50 S8.284967 50 HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 21 EXHIBIT D - LOT TYPE CLASSIFICATION MAP // /'\\ \. gEIXYGWXWM- - CYE9LYT{PTY pOYfi"" ---- ,.'%f/ ul�Wamomvfi-- wmeloaoWvfi- -- LLEGEND i �p 4 l !II P E LOTO N HURRICANE CREEK PHASE t y PAD MAP EXHIBIT non( I' L1M{ .YL{TIOY{ 3 iH HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 22 APPENDIX 1— BUYER DISCLOSURES Homebuyer Disclosures for the following Lot Types are found in this Appendix: Improvement Area #1 o Lot Type 1 o Lot Type 2 o Lot Type 1— Partial Prepayment — Property ID 28219998 ■ Major Improvement Area o Initial Parcel [Remainder of page intentionally left blank.] HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 2022 ANNUAL SERVICE PLAN UPDATE 23 CITY OF ANNA —HURRICANE CREEK PID —IMPROVEMENT AREA #1—LOT TYPE 1 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.0035), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court -ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS IMPROVEMENT AREA #1 LOT TYPE 1 PRINCIPAL ASSESSMENT: $30,990.86 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 Hurricane Creek Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]2 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: SIGNATURE OF PURCHASER STATE OF TEXAS COUNTY OF DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_. Notary Public, State of Texas] 3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this 120 Notary Public, State of Texas]' 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS- LOT TYPE 1 2023 $ 497.76 $ 1,982.92 $ 254.88 $ 154.95 $ 2,890.51 2024 $ 541.04 $ 1,954.30 $ 259.97 $ 152.47 $ 2,907.78 2025 $ 562.68 $ 1,923.19 $ 265.17 $ 149.76 $ 2,900.80 2026 $ 584.32 $ 1,890.83 $ 270.48 $ 146.95 $ 2,892.58 2027 $ 627.61 $ 1,857.23 $ 275.89 $ 144.03 $ 2,904.75 2028 $ 670.89 $ 1,821.15 $ 281.40 $ 140.89 $ 2,914.33 2029 $ 714.17 $ 1,782.57 $ 287.03 $ 137.53 $ 2,921.31 2030 $ 735.82 $ 1,741.50 $ 292.77 $ 133.96 $ 2,904.06 2031 $ 800.74 $ 1,693.68 $ 298.63 $ 130.28 $ 2,923.33 2032 $ 844.02 $ 1,641.63 $ 304.60 $ 126.28 $ 2,916.53 2033 $ 908.95 $ 1,586.77 $ 310.69 $ 122.06 $ 2,928.47 2034 $ 952.23 $ 1,527.69 $ 316.91 $ 117.51 $ 2,914.34 2035 $ 1,017.16 $ 1,465.79 $ 323.24 $ 112.75 $ 2,918.95 2036 $ 1,082.08 $ 1,399.67 $ 329.71 $ 107.67 $ 2,919.13 2037 $ 1,168.65 $ 1,329.34 $ 336.30 $ 102.26 $ 2,936.55 2038 $ 1,233.57 $ 1,253.38 $ 343.03 $ 96.41 $ 2,926.39 2039 $ 1,320.14 $ 1,173.19 $ 349.89 $ 90.25 $ 2,933.47 2040 $ 1,406.71 $ 1,087.39 $ 356.89 $ 83.65 $ 2,934.63 2041 $ 1,514.92 $ 995.95 $ 364.03 $ 76.61 $ 2,951.50 2042 $ 1,601.48 $ 897.48 $ 371.31 $ 69.04 $ 2,939.31 2043 $ 1,709.69 $ 793.38 $ 378.73 $ 61.03 $ 2,942.84 2044 $ 1,839.54 $ 682.25 $ 386.31 $ 52.48 $ 2,960.58 2045 $ 1,947.75 $ 562.68 $ 394.03 $ 43.28 $ 2,947.75 2046 $ 2,099.24 $ 436.08 $ 401.91 $ 33.54 $ 2,970.78 2047 $ 2,229.09 $ 299.63 $ 409.95 $ 23.05 $ 2,961.72 2048 $ 2,380.58 $ 154.74 $ 418.15 $ 11.90 $ 2,965.37 Total S 30.990.86 S 33,934.40 S 8.581.90 S 2.620.59 S 76.127.76 Notes: [a] Interest is calculated at a 6.46% rate. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] The projected Annual Installment does not include the Maximum TIRZ No. 2 Annual Credit Amount of $1,151 for Lot Type 1. The Assessment Roll shall be updated in each Annual Service Plan Update to include the actual TIRZ No. 2 Annual Credit Amount applicable to each Lot. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment CITY OF ANNA —HURRICANE CREEK PID —IMPROVEMENT AREA #1— LOT TYPE 2 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.0035), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court -ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS IMPROVEMENT AREA #1 LOT TYPE 2 PRINCIPAL ASSESSMENT: $35,432.55 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 Hurricane Creek Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Anna. The exact amount of each annual installment will be approved each year by the Anna City Council in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from the City of Anna. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER] 2 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: SIGNATURE OF PURCHASER STATE OF TEXAS COUNTY OF DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_. Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_. Notary Public, State of Texas]4 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 2 2023 $ 569.10 $ 2,267.11 $ 291.41 $ 177.16 $ 3,304.78 2024 $ 618.59 $ 2,234.39 $ 297.23 $ 174.32 $ 3,324.53 2025 $ 643.33 $ 2,198.82 $ 303.18 $ 171.22 $ 3,316.55 2026 $ 668.07 $ 2,161.83 $ 309.24 $ 168.01 $ 3,307.15 2027 $ 717.56 $ 2,123.42 $ 315.43 $ 164.67 $ 3,321.07 2028 $ 767.05 $ 2,082.16 $ 321.74 $ 161.08 $ 3,332.02 2029 $ 816.53 $ 2,038.05 $ 328.17 $ 157.24 $ 3,340.00 2030 $ 841.28 $ 1,991.10 $ 334.73 $ 153.16 $ 3,320.27 2031 $ 915.51 $ 1,936.42 $ 341.43 $ 148.96 $ 3,342.31 2032 $ 964.99 $ 1,876.91 $ 348.26 $ 144.38 $ 3,334.54 2033 $ 1,039.22 $ 1,814.19 $ 355.22 $ 139.55 $ 3,348.18 2034 $ 1,088.71 $ 1,746.64 $ 362.33 $ 134.36 $ 3,332.03 2035 $ 1,162.94 $ 1,675.87 $ 369.57 $ 128.91 $ 3,337.30 2036 $ 1,237.17 $ 1,600.28 $ 376.96 $ 123.10 $ 3,337.51 2037 $ 1,336.14 $ 1,519.86 $ 384.50 $ 116.91 $ 3,357.42 2038 $ 1,410.37 $ 1,433.01 $ 392.19 $ 110.23 $ 3,345.81 2039 $ 1,509.35 $ 1,341.34 $ 400.04 $ 103.18 $ 3,353.90 2040 $ 1,608.32 $ 1,243.23 $ 408.04 $ 95.63 $ 3,355.22 2041 $ 1,732.04 $ 1,138.69 $ 416.20 $ 87.59 $ 3,374.52 2042 $ 1,831.01 $ 1,026.11 $ 424.52 $ 78.93 $ 31360.57 2043 $ 1,954.73 $ 907.09 $ 433.01 $ 69.78 $ 3,364.61 2044 $ 2,103.19 $ 780.04 $ 441.67 $ 60.00 $ 3,384.90 2045 $ 2,226.91 $ 643.33 $ 450.51 $ 49.49 $ 3,370.23 2046 $ 2,400.11 $ 498.58 $ 459.52 $ 38.35 $ 3,396.56 2047 $ 2,548.57 $ 342.57 $ 468.71 $ 26.35 $ 3,386.20 2048 $ 2,721.77 $ 176.92 $ 478.08 $ 13.61 $ 3,390.38 Total $ 35,432.55 $ 38,797.96 $ 9,811.88 $ 2,996.18 $ 87,038.58 Notes: [a] Interest is calculated at a 6.46% rate. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] The projected Annual Installment does not include the Maximum TIRZ No. 2 Annual Credit Amount of $1,316 for Lot Type 2. The Assessment Roll shall be updated in each Annual Service Plan Update to include the actual TIRZ No. 2 Annual Credit Amount applicable to each Lot. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment CITY OF ANNA —HURRICANE CREEK PID —IMPROVEMENT AREA #1—LOT TYPE 1— PARTIAL PREPAYMENT— PROPERTY ID 2821998 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.0035), 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 truster 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 1 RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS IMPROVEMENT AREA #1 LOT TYPE 1— PARTIAL PREPAYMENT — PROPERTY ID 2821998 PRINCIPAL ASSESSMENT: $27,324.41 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 Hurricane Creek Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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. I To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]2 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_. Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_. Notary Public, State of Texas]4 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS -LOT TYPE 1- PARTIAL PREPAYMENT- PROPERTY ID 2821998 2023 $ 438.87 $ 1,748.32 $ 224.72 $ 136.62 $ 2,548.54 2024 $ 477.03 $ 1,723.09 $ 229.22 $ 134.43 $ 2,563.76 2025 $ 496.11 $ 1,695.66 $ 233.80 $ 132.04 $ 2,557.62 2026 $ 515.19 $ 1,667.13 $ 238.48 $ 129.56 $ 2,550.37 2027 $ 553.36 $ 1,637.51 $ 243.25 $ 126.99 $ 2,561.10 2028 $ 591.52 $ 1,605.69 $ 248.11 $ 124.22 $ 2,569.54 2029 $ 629.68 $ 1,571.68 $ 253.07 $ 121.26 $ 2,575.70 2030 $ 648.76 $ 1,535.47 $ 258.14 $ 118.11 $ 2,560.48 2031 $ 706.01 $ 1,493.30 $ 263.30 $ 114.87 $ 2,577.48 2032 $ 744.17 $ 1,447.41 $ 268.56 $ 111.34 $ 2,571.48 2033 $ 801.41 $ 1,399.04 $ 273.94 $ 107.62 $ 2,582.01 2034 $ 839.58 $ 1,346.95 $ 279.41 $ 103.61 $ 2,569.55 2035 $ 896.82 $ 1,292.38 $ 285.00 $ 99.41 $ 2,573.61 2036 $ 954.06 $ 1,234.08 $ 290.70 $ 94.93 $ 2,573.78 2037 $ 1,030.39 $ 1,172.07 $ 296.52 $ 90.16 $ 2,589.13 2038 $ 1,087.63 $ 1,105.09 $ 302.45 $ 85.01 $ 2,580.18 2039 $ 1,163.96 $ 1,034.40 $ 308.50 $ 79.57 $ 2,586.42 2040 $ 1,240.28 $ 958.74 $ 314.67 $ 73.75 $ 2,587.44 2041 $ 1,335.69 $ 878.12 $ 320.96 $ 67.55 $ 2,602.32 2042 $ 1,412.02 $ 791.30 $ 327.38 $ 60.87 $ 2,591.56 2043 $ 1,507.42 $ 699.52 $ 333.93 $ 53.81 $ 2,594.68 2044 $ 1,621.91 $ 601.54 $ 340.60 $ 46.27 $ 2,610.32 2045 $ 1,717.32 $ 496.11 $ 347.42 $ 38.16 $ 2,599.01 2046 $ 1,850.89 $ 384.49 $ 354.36 $ 29.58 $ 2,619.31 2047 $ 1,965.37 $ 264.18 $ 361.45 $ 20.32 $ 2,611.33 2048 $ 2,098.94 $ 136.43 $ 368.68 $ 10.49 $ 2,614.55 Total $ 27,324.41 $ 29,919.70 $ 7,566.60 $ 2,310.55 $ 67,121.26 Notes [a] Interest is calculated at a 6.46% rate. [b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [c] The projected Annual Installment does not include the Maximum TIRZ No. 2 Annual Credit Amount of $1,151 for Lot Type 1. The Assessment Roll shall be updated in each Annual Service Plan Update to include the actual TIRZ No. 2 Annual Credit Amount applicable to each Lot. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment CITY OF ANNA —HURRICANE CREEK PID — MAJOR IMPROVEMENT AREA —INITIAL PARCEL BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.0035), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court -ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING 1 RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF ANNA, TEXAS CONCERNING THE FOLLOWING PROPERTY PROPERTY ADDRESS MAJOR IMPROVEMENT AREA INITIAL PARCEL PRINCIPAL ASSESSMENT: $3,4809000 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 Hurricane Creek Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from 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. I To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]2 Z To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: SIGNATURE OF PURCHASER STATE OF TEXAS COUNTY OF DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_. Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_. Notary Public, State of Texas]4 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Collin County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - MAJOR IMPROVEMENT AREA INITIAL PARCEL 2023 $ 60,000.00 $ 231,300.00 $ 22,027.63 $ 17,400.00 $ - $ 330,727.63 2024 $ 60,000.00 $ 227,700.00 $ 22,468.18 $ 17,100.00 $ - $ 327,268.18 2025 $ 65,000.00 $ 224,100.00 $ 22,917.55 $ 16,800.00 $ - $ 328,817.55 2026 $ 70,000.00 $ 220,200.00 $ 23,375.90 $ 16,475.00 $ - $ 330,050.90 2027 $ 70,000.00 $ 216,000.00 $ 23,843.42 $ 16,125.00 $ - $ 325,968.42 2028 $ 75,000.00 $ 211,800.00 $ 24,320.28 $ 15,775.00 $ - $ 326,895.28 2029 $ 80,000.00 $ 207,300.00 $ 24,806.69 $ 15,400.00 $ - $ 327,506.69 2030 $ 85,000.00 $ 202,500.00 $ 25,302.82 $ 15,000.00 $ - $ 327,802.82 2031 $ 90,000.00 $ 196,762.50 $ 25,808.88 $ 14,575.00 $ - $ 327,146.38 2032 $ 95,000.00 $ 190,687.50 $ 26,325.06 $ 14,125.00 S - $ 326,137.56 2033 $ 100,000.00 $ 184,275.00 $ 26,851.56 $ 13,650.00 $ - $ 324,776.56 2034 $ 105,000.00 $ 177,525.00 $ 27,388.59 $ 13,150.00 $ - S 323,063.59 2035 $ 115,000.00 $ 170,437.50 $ 27,936.36 $ 12,625.00 $ - $ 325,998.86 2036 $ 120,000.00 $ 162,675.00 $ 28,495.09 $ 12,050.00 $ - $ 323,220.09 2037 $ 130,000.00 $ 154,575.00 $ 29,064.99 $ 11,450.00 $ - $ 325,089.99 2038 $ 140,000.00 $ 145,800.00 $ 29,646.29 $ 10,800.00 $ - $ 326,246.29 2039 $ 150,000.00 $ 136,350.00 $ 30,239.22 $ 10,100.00 $ - $ 326,689.22 2040 $ 155,000.00 $ 126,225.00 $ 30,844.00 $ 9,350.00 $ - $ 321,419.00 2041 $ 170,000.00 $ 115,762.50 $ 31,460.88 $ 9,575.00 $ - $ 325,798.38 2042 $ 180,000.00 $ 104,287.50 $ 32,090.10 $ 7,725.00 $ - $ 324,102.60 2043 $ 190,000.00 $ 92,137.50 $ 32,731.90 $ 6,825.00 $ - $ 321,694.40 2044 $ 205,000.00 $ 79,312.50 $ 33,386.54 $ 5,875.00 $ - $ 323,574.04 2045 $ 220,000.00 $ 65,475.00 $ 34,054.27 $ 4,850.00 $ - $ 324,379.27 2046 $ 235,000.00 $ 50,625.00 $ 34,735.35 $ 3,750.00 $ - $ 324,110.35 2047 $ 250,000.00 $ 34,762.50 $ 35,430.06 $ 2,575.00 $ - $ 322,767.56 (a) Interest is calculated at a 6.46%rate. Note: The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could Increase or decrease the amounts shown. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment Collin County Honorable Stacey Kemp Collin County Clerk Instrument Number: 2022000117934 Real Property ORDINANCE Recorded On: August 01, 2022 12:59 PM Number of Pages: 52 " Examined and Charged as Follows: " Total Recording: $226.00 *********** THIS PAGE IS PART OF THE INSTRUMENT *********** Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Document Number: Receipt Number: 2022000117934 20220801000585 Recorded Date/Time: August 01, 2022 12:59 PM User: Donna F Station: Station 12 Record and Return To: CITY OF ANNA PO BOX 776 ANNA TX 75409 STATE OF TEXAS Collin County I hereby certify that this Instrument was filed in the File Number sequence on the date/time printed hereon, and was duly recorded in the Official Public Records of Collin County, Texas Honorable Stacey Kemp Collin County Clerk Collin County, TX