HomeMy WebLinkAboutRes 2022-11-1309 Hurricane Creek Public Improvement District CostsCITY OF ANNA, TEXAS
RESOLUTION NO. 2022-! j- 3Mq
A RESOLUTION OF THE CITY OF ANNA, TEXAS DETERMINING THE
COSTS OF CERTAIN AUTHORIZED IMPROVEMENTS TO BE
FINANCED WITHIN IMPROVEMENT AREA #2 OF THE HURRICANE
CREEK PUBLIC IMPROVEMENT DISTRICT; APPROVING A
PRELIMINARY AMENDED & RESTATED SERVICE AND
ASSESSMENT PLAN, INCLUDING PROPOSED IMPROVEMENT AREA
#2 ASSESSMENT ROLL; CALLING A REGULAR MEETING AND
NOTICING A PUBLIC HEARING FOR DECEMBER 13, 2022 TO
CONSIDER AN ORDINANCE LEVYING ASSESSMENTS ON PROPERTY
LOCATED WITHIN IMPROVEMENT AREA #2 OF THE HURRICANE
CREEK PUBLIC IMPROVEMENT DISTRICT; DIRECTING THE FILING
OF THE PROPOSED ASSESSMENT ROLL WITH THE CITY
SECRETARY TO MAKE AVAILABLE FOR PUBLIC INSPECTION;
DIRECTING CITY STAFF TO PUBLISH AND MAIL NOTICE OF SAID
PUBLIC HEARING; AND RESOLVING OTHER MATTERS INCIDENT
AND RELATED THERETO.
RECITALS
WHEREAS, the Public Improvement District Assessment Act, Texas Local Government
Code, Chapter 372, as amended (the "Act") authorizes the governing body (the "City Council") of
the City of Anna, Texas (the "Liff") to create a public improvement district within the City; and
WHEREAS, on October 23, 2018, the City Council conducted a public hearing to consider
a petition received by the City on October 19, 2018 titled "Petition for the Creation of a Public
Improvement District within the city of Anna, Texas, for the Hurricane Creek Public Improvement
District" requesting the creation of a public improvement district; and
WHEREAS, on November 13, 2018, the City Council approved Resolution No. 2018-11-
506 (the "Authorization Resolution"), authorizing, establishing and creating the Hurricane Creek
Public Improvement District (the "District"); and
WHEREAS, the City authorized the creation of the District and the issuance of up to
$30,000,000.00 in bonds for the District to finance certain public improvements authorized by the
Act for the benefit of the property within the District (the "Authorized Improvements"); and
WHEREAS, the City Council and the City staff have been presented a "Hurricane Creek
Public Improvement District 2022 Preliminary Amended & Restated Service and Assessment
Plan", including the proposed Improvement Area #2 assessment roll attached thereto (the
"Proposed Assessment Roll"), dated November 8, 2022 (collectively, the "Preliminary SAP"), a
copy of which is attached hereto as Exhibit A and is incorporated herein for all purposes; and
WHEREAS, the Preliminary SAP sets forth the estimated total costs of certain Authorized
Improvements to be financed by the District for the initial phase of development and the Proposed
Assessment Roll state the assessments proposed to be levied against each parcel of land in the
District as determined by the method of assessment chosen by the City; and
WHEREAS, the Act requires that the Proposed Assessment Roll be filed with the City
Secretary of the City (the "City Secretary') and be subject to public inspection; and
WHEREAS, the Act requires that a public hearing (the "Assessment Hearing") be called
to consider proposed assessments and requires the City Council to hear and pass on any objections
to the proposed assessments at, or on the adjournment of, the Assessment Hearing; and
WHEREAS, the Act requires that notice of the Assessment Hearing be mailed to property
owners liable for assessment and published in a newspaper of general circulation in the City before
the tenth (10th) day before the date of the Assessment Hearing.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ANNA, TEXAS AS FOLLOWS:
SECTION 1. THAT the recitals set forth above in this Resolution are true and correct and
are hereby adopted as findings of the City Council and are incorporated into the body of this
Resolution as if fully set forth herein.
SECTION Z THAT the City Council does hereby accept the Preliminary SAP for the
District, including the Proposed Assessment Roll, a copy of which is attached hereto as Exhibit A
and is incorporated herein for all purposes. All capitalized terms not otherwise defined herein
shall have the meanings given to such terms in the Preliminary SAP.
SECTION 3. THAT the City Council hereby determines that the total costs of the
Improvement Area #2 Projects (as defined in the Preliminary SAP) to be financed by the District
are as set forth in Exhibit B of the Preliminary SAP, which costs do include the payment of
expenses incurred in the administration of the District or related to the issuance of any bonds.
SECTION 4. THAT the City Council's final determination and approval of the costs of
the Improvement Area #2 Projects, or any portion thereof, shall be subject to and contingent upon
City Council approval of a final Service and Assessment Plan which will include final Assessment
Roll, after the properly noticed and held Assessment Hearing.
SECTIONS. THAT the Proposed Assessment Roll state the assessment proposed to be
levied against each parcel of land in the District as determined by the method of assessment chosen
by the City in the Authorization Resolution and as more fully described in the Preliminary SAP.
SECTION 6. THAT the City Council expressly defers the levy of assessments against
property within future phases for phase -specific improvements that will benefit only the property
within each subsequent phase until such time as the costs of such phase -specific improvements
can be determined with certainty as referenced in the Preliminary SAP.
SECTION 7. THAT the City Council hereby authorizes and directs the filing of the
Proposed Assessment Roll with the City Secretary and the same shall be available for public
inspection.
SECTION 8. THAT the City Council hereby authorizes, and calls, a meeting and a public
hearing (the Assessment Hearing as defined above) to be held on December 13, 2022 at 6: 30 p.m.
at Anna Municipal Complex, Council Chambers, 120 W. 7th Street, Anna, TX 75409, at which the
City Council shall, among other actions, hear and pass on any objections to the proposed
assessments; and, upon the adjournment of the Assessment Hearing, the City Council will consider
an ordinance levying the assessments as special assessments on property within the District (which
ordinance shall specify the method of payment of the assessments).
SECTION 9. THAT the City Council hereby authorizes and directs the City Secretary to
publish notice of the Assessment Hearing to be held on December 13, 2022, in substantially the
form attached hereto as Exhibit B and incorporated herein for all purposes, in a newspaper of
general circulation in the City, on or before December 3, 2022, which is before the tenth (10th)
day before the date of the Assessment Hearing, as required by Section 372.016(b) of the Act.
SECTION 10. THAT when the Proposed Assessment Roll are filed with the City
Secretary, the City Council hereby authorizes and directs the City Secretary to mail to owners of
property liable for assessment notice of the Assessment Hearing to be held on December 13, 2022,
on or before December 3, 2022, as required by Section 372.016(c) of the Act.
SECTION 11. THAT City staff is authorized and directed to take such other actions as
are required (including, but not limited to, notice of the public hearing as required by the Texas
Open Meetings Act) to place the public hearing on the agenda for the December 13, 2022 meeting
of the City Council.
SECTION 12. THAT this Resolution shall become effective from and after its date of
passage in accordance with law.
PASSED AND APPROVED on this the 8th day of
ATTEST:4e'lv
OF a
Carrie L. Land, City Secretary TEXAS
EXHIBIT A
PRELIMINARY SERVICE AND ASSESSMENT PLAN
EXHIBIT B
CITY OF ANNA, TEXAS
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN THAT a public hearing will be conducted by the City Council of Anna,
Texas on December 13, 2022 at 6:30 p.m.at Anna Municipal Complex, Council Chambers, 120 W. 71h
Street, Anna, Texas 75409. The public hearing will be held to consider proposed assessments to be levied
against the assessable property within Improvement Area #2 of the Hurricane Creek Public Improvement
District (the "District") pursuant to the provisions of Chapter 372 of the Texas Local Government Code, as
amended (the "Act").
The general nature of the proposed public improvements (collectively, the "Authorized Improvements")
may include: (i) street and roadway improvements, including related sidewalks, drainage, utility relocation,
signalization, landscaping, lighting, signage, off-street parking and right-of-way; (ii) establishment or
improvement of parks and open space, together with the design, construction and maintenance of any
ancillary structures, features or amenities such as trails, playgrounds, walkways, lighting and any similar
items located therein; (iii) sidewalks and landscaping, including entry monuments and features, fountains,
lighting and signage; (iv) acquisition, construction, and improvement of water, wastewater and drainage
improvements and facilities; (v) projects similar to those listed in subsections (i) - (iv) above authorized by
the Act, including similar off -site projects that provide a benefit to the property within the District; (vi)
special supplemental services for improvement and promotion of the District as approved by the City; (vii)
payment of costs associated with operating and maintaining the public improvements listed in
subparagraphs (i) - (vi) above; and (viii) payment of costs associated with developing and financing the
public improvements listed in subparagraphs (i) - (vi) above, and costs of establishing, administering and
operating the District. These Authorized Improvements shall promote the interests of the City and confer
a special benefit upon the Property in Improvement Area #2 of the District.
The total costs of the Improvement Area #2 Projects, including the costs of creating the District and issuing
the bonds, is approximately $10,712,158. The total costs of Authorized Improvements to benefit future
phases within the District cannot be determined with certainty at this time, but shall not exceed an additional
$8,790,000.
The boundaries of the District include approximately 368.2 acres of land generally located north of FM
455, west of US highway 75, and east of Anna's western city limits, located within the City and as more
particularly described by a metes and bounds description available at Anna City Hall, Anna Municipal
Complex, 120 W. 7th Street, Anna, Texas 75409 and available for public inspection.
All written or oral objections on the proposed assessment within Improvement Area #2 of the District will
be considered at the public hearing.
A copy of the Improvement Area #2 Assessment Roll (the "Assessment Roll"), which Assessment Roll
includes the assessments to be levied against certain assessable parcels in Improvement Area 42 of the
District for the Improvement Area #2 Projects, is available for public inspection at the office of the City
Secretary, Anna Municipal Complex, 120 W. 7th Street, Anna, Texas 75409.
Hurricane Creek
Public Improvement District
2022 PRELIMINARY AMENDED & RESTATED SERVICE AND
ASSESSMENT PLAN
NOVEMBER 8, 2022
TABLE OF CONTENTS
Tableof Contents...........................................................................................................................1
Introduction....................................................................................................................................3
SectionI: Definitions.......................................................................................................................5
SectionII: The District...................................................................................................................14
Section III: Authorized Improvements..........................................................................................14
Section IV: Service Plan.................................................................................................................17
Section V: Assessment Plan..........................................................................................................18
Section VI: Terms of the Assessments..........................................................................................24
Section VII: Assessment Roll.........................................................................................................30
Section Vill: Additional Provisions................................................................................................30
Exhibits.........................................................................................................................................33
Appendices...................................................................................................................................33
Exhibit A-1— Map of District.........................................................................................................34
Exhibit A-2— Map of Improvement Area#1.................................................................................35
Exhibit A-3 — Map of Major Improvement Area...........................................................................36
Exhibit A-4 — Map of Improvement Area#2.................................................................................37
ExhibitB — Project Costs...............................................................................................................38
ExhibitC—Service Plan.................................................................................................................39
Exhibit D— Sources and Uses of Funds.........................................................................................40
Exhibit E — Maximum Assessment and Tax Rate Equivalent.........................................................41
Exhibit F —TIRZ No. 2 Maximum Annual Credit Amount..............................................................42
Exhibit G-1— Improvement Area #1 Assessment Roll..................................................................43
Exhibit G-2 — Improvement Area #1 Annual Installments............................................................49
Exhibit H-1— Major Improvement Area Assessment Roll.............................................................50
Exhibit H-2 — Major Improvement Area Annual Installments.......................................................51
Exhibit 1-1— Improvement Area #2 Assessment Roll....................................................................52
Exhibit 1-2— Improvement Area #2 Annual Installments..............................................................53
Exhibit J-1— Maps of Improvement Area #1 Improvements........................................................54
Exhibit J-2 — Maps of Major Improvements..................................................................................58
Exhibit J-3 — Maps of Improvement Area #2 Improvements........................................................63
Exhibit K—Form of Notice of PID Assessment Termination.........................................................67
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 1
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Exhibit L-1— Debt Service Schedule for Improvement Area #1 Bonds .................
Exhibit L-2— Debt Service Schedule for Major Improvement Area Bonds ...........
Exhibit L-3 — Debt Service Schedule for Improvement Area #2 Bonds .................
Exhibit M-1— District Boundary Description........................................................
Exhibit M-2 — Improvement Area #1 Boundary Description .................................
Exhibit M-3 — Major Improvement Area Boundary Description ...........................
Exhibit M-4 — Improvement Area #2 Boundary Description .................................
Appendix A— Engineer's Report
70
71
72
73
74
77
Appendix B — Buyer Disclosures...................................................................................................94
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 1.................................95
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 2...............................101
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 2821998...................107
Hurricane Creek Public Improvement District — Major Improvement Area Initial Parcel Buyer
Disclosure...................................................................................................................................113
Hurricane Creek Public Improvement District — Improvement Area #2 Initial Parcel Buyer
Disclosure...................................................................................................................................119
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 3...............................125
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 4...............................131
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 5...............................137
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 6..................
Hurricane Creek Public Improvement District Buyer Disclosure Lot Type 7..................
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
........143
........149
INTRODUCTION
Capitalized terms used in this 2022 Amended and Restated Service and Assessment Plan shall
have the meanings given to them in Section I unless otherwise defined in this 2022 Amended and
Restated Service and Assessment Plan or unless the context in which a term is used clearly
requires a different meaning. Unless otherwise defined, a reference to a "Section", "Exhibit" or
an "Appendix" shall be a reference to a Section of this 2022 Amended and Restated Service and
Assessment Plan or an Exhibit or Appendix attached to and made a part of this 2022 Amended
and Restated Service and Assessment Plan for all purposes.
On November 13, 2018, the City passed and approved Resolution No. 2018-11-506 authorizing
the establishment of the District in accordance with the PID Act, which authorization was
effective upon publication as required by the PID Act. The purpose of the District is to finance the
Actual Costs of Authorized Improvements that confer a special benefit on approximately 368.2
acres located within the City, as described by metes and bounds on Exhibit M-1 and depicted on
Exhibit A-1.
On March 12, 2019, the City Council approved the 2019 Service and Assessment Plan for the
District by adopting the 2019 Assessment Ordinance, which approved the levy of Assessments
on Assessed Property within Improvement Area #1 and the Major Improvement Area of the
District and approved the Improvement Area #1 Assessment Roll and the Major Improvement
Area Assessment Roll.
On July 28, 2020, the City Council adopted Resolution No. 2020-07-763 approving the 2020
Annual Service Plan Update for the District. The 2020 Annual Service Plan Update updated the
Assessment Rolls for 2020.
On July 27, 2021, the City Council approved Ordinance No. 929-2021 approving the 2021 Annual
Service Plan Update for the District. The 2021 Annual Service Plan Update updated the
Assessment Rolls for 2021.
On July 26, 2022, the City Council approved Ordinance No. 985-2022 approving the 2022 Annual
Service Plan Update for the District. The 2022 Annual Service Plan Update updated Assessment
Rolls for 2022.
On , 2022, the City Council approved this 2022 Amended and Restated Service and
Assessment Plan for the District by adopting the 2022 Assessment Ordinance, which serves to
amend and restate the 2019 Service and Assessment Plan, including all previously approved
Annual Service Plan Updates (including the 2020 Annual Service Plan Update, 2021 Annual
Service Plan Update, and 2022 Annual Service Plan Update), in its entirety for the purposes of (1)
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 3
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
identifying the Improvement Area #2 Improvements, (2) levying the Improvement Area #2
Assessment, (3) incorporating provisions relating to the City's issuance of the Improvement Area
#2 Bonds and (3) updating the Assessment Rolls.
The PID Act requires a Service Plan covering a period of at least five years and defining the annual
indebtedness and projected cost of the Authorized Improvements and including a copy of the
notice form required by Section 5.014 of the Texas Property Code, as amended. The Service Plan
is contained in Section IV.
The PID Act requires that the Service Plan include an assessment plan that assesses the Actual
Costs of the Authorized Improvements against Assessed Property within the District based on the
special benefits conferred on such property by the Authorized Improvements. The Assessment
Plan is contained in Section V.
The PID Act requires an Assessment Roll that states the Assessment against each Parcel
determined by the method chosen by the City. The Assessment against each Assessed Property
must be sufficient to pay the share of the Actual Costs apportioned to the Assessed Property and
cannot exceed the special benefit conferred on the Assessed Property by the Authorized
Improvements. The updated Improvement Area #1 Assessment Roll is contained in Exhibit G-1.
The updated Major Improvement Area Assessment Roll is contained in Exhibit H-1. The
Improvement Area #2 Assessment Roll is contained in Exhibit 1-1.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 4
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
SECTION I: DEFINITIONS
"2019 Assessment Ordinance" means Ordinance No. 807-2019, approved and adopted by the
City Council on March 12, 2019, which levied the Improvement Area #1 Assessment against
Improvement Area #1, and the Major Improvement Area Assessment against the Major
Improvement Area.
"2019 Service and Assessment Plan" means the Hurricane Creek Public Improvement District
Service and Assessment Plan approved by City Council on March 12, 2019 by the 2019
Assessment Ordinance, as updated annually, and which is to be replaced in its entirety by this
2022 Amended and Restated Service and Assessment Plan.
"2020 Annual Service Plan Update" means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 28, 2020.
"2021 Annual Service Plan Update" means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 27, 2021.
"2022 Amended and Restated Service and Assessment Plan" means this 2022 Amended and
Restated Service and Assessment Plan which serves to amend and restate the 2019 Service and
Assessment Plan (as updated by the 2020 Annual Service Plan Update, 2021 Service Plan Update
and 2022 Annual Service Plan Update), as it may be modified and updated from time to time.
"2022 Annual Service Plan Update" means the Annual Service Plan Update to the 2019 Service
and Assessment Plan approved by City Council on July 26, 2022.
"2022 Assessment Ordinance" means Ordinance No. which was approved by the
City Council on 2022, which levied the Improvement Area #2 Assessment against
Improvement Area #2.
"Actual Costs" mean with respect to Authorized Improvements, the Owner's demonstrated,
reasonable, allocable, and allowable costs of constructing such Authorized Improvements, as
specified in a payment request in a form that has been reviewed and approved by the City. Actual
Costs may include: (1) the costs incurred by or on behalf of the Owner (either directly or through
affiliates) for the design, planning, financing, administration/management, acquisition,
installation, construction and/or implementation of such Authorized Improvements; (2) the fees
paid for obtaining permits, licenses, or other governmental approvals for such Authorized
Improvements; (3) construction management fees equal to 4% of costs; (4) the costs incurred by
or on behalf of the Owner for external professional costs, such as engineering, geotechnical,
surveying, land planning, architectural landscapers, appraisals, legal, accounting, and similar
professional services; (5) all labor, bonds, and materials, including equipment and fixtures, by
contractors, builders, and materialmen in connection with the acquisition, construction, or
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 5
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
implementation of the Authorized Improvements; (6) all related permitting and public approval
expenses, architectural, engineering, and consulting fees, taxes, and governmental fees and
charges.
"Additional Interest" means the amount collected by application of the Additional Interest Rate.
"Additional Interest Rate" means the 0.50% Additional Interest charged on Assessments
pursuant to Section 372.018 of the PID Act.
"Administrator" means the City, or independent firm designated by the City who shall have the
responsibilities provided in this 2022 Amended and Restated Service and Assessment Plan, any
Indenture, or any other agreement or document approved by the City related to the duties and
responsibilities of the administration of the District. The initial Administrator is P3Works, LLC.
"Annual Collection Costs" mean the actual or budgeted costs and expenses related to the
creation and operation of the District, the issuance and sale of PID Bonds, and the construction,
operation, and maintenance of the Authorized Improvements, including, but not limited to, costs
and expenses for: (1) the Administrator and City staff; (2) legal counsel, engineers, accountants,
financial advisors, and other consultants engaged by the City; (3) calculating, collecting, and
maintaining records with respect to Assessments and Annual Installments, including the costs of
foreclosure; (4) preparing and maintaining records with respect to Assessment Rolls and Annual
Service Plan Updates; (5) issuing, paying, and redeeming PID Bands; (6) investing or depositing
Assessments and Annual Installments; (7) complying with this 2022 Amended and Restated
Service and Assessment Plan and the PID Act with respect to the issuance and sale of PID Bonds,
including continuing disclosure requirements; and (8) the paying agent/registrar and Trustee in
connection with PID Bonds, including their respective legal counsel. Annual Collection Costs
collected but not expended in any year shall be carried forward and applied to reduce Annual
Collection Costs for subsequent years.
"Annual Installment" means the annual installment payment on the Assessment as calculated
by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest;
(3) Annual Collection Costs; and (4) Additional Interest, as applicable.
"Annual Service Plan Update" means an update to this 2022 Amended and Restated Service and
Assessment Plan prepared no less frequently than annually by the Administrator and approved
by the City Council.
"Assessed Property" means any Parcel within the District against which an Assessment is levied.
"Assessment" means an assessment (including interest thereon) levied against a Parcel within
the District and imposed pursuant to an Assessment Ordinance and the provisions herein, as
shown on an Assessment Roll, subject to reallocation upon the subdivision of such Parcel or
reduction according to the provisions herein and in the PID Act.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 6
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
"Assessment Ordinance" means an ordinance adopted by the City Council in accordance with
the PID Act that levies an Assessment on the Assessed Property, as shown on any Assessment
Roll.
"Assessment Plan" means the methodology employed to assess the Actual Costs of the
Authorized Improvements against the District based on the special benefits conferred on the
District by the Authorized Improvements, more specifically described in Section V.
"Assessment Roll" means any assessment roll for the Assessed Property, including the
Improvement Area #1 Assessment Roll, Major Improvement Area Assessment Roll, and
Improvement Area #2 Assessment Roll as updated, modified or amended from time to time in
accordance with the procedures set forth herein and in the PID Act, including updates prepared
in connection with the issuance of PID Bonds, or in any Annual Service Plan Update.
"Authorized Improvements" means the improvements authorized by Section 372.003 of the PID
Act, as described in Section III, as further depicted on Exhibit J-1, Exhibit J-2, and Exhibit J-3.
"Bond Issuance Costs" means the costs associated with issuing PID Bonds, including but not
limited to attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs,
publication costs, City costs, capitalized interest, reserve fund requirements, underwriter
discount, fees charged by the Texas Attorney General, and any other cost or expense directly
associated with the issuance of PID Bonds.
"City" means the City of Anna, Texas.
"City Council" means the governing body of the City.
"County" means Collin County, Texas.
"Delinquent Collection Costs" mean costs related to the foreclosure of the lien on Assessed
Property and the costs of collection of delinquent Assessments, delinquent Annual Installments,
or any other delinquent amounts due under this 2022 Amended and Restated Service and
Assessment Plan including penalties and reasonable attorney's fees to the extent permitted by
law, but excluding amounts representing interest and penalty interest
"Developer" means CADG Hurricane Creek, U-C, a Texas limited liability company, and any
successor developer of property in the District or any portion thereof.
"District" means the Hurricane Creek Public Improvement District containing approximately
368.2 acres located within the City, as generally depicted on Exhibit A-1, and described on Exhibit
M-1.
"District Formation Expenses" means costs related to the formation of the District and the levy
of Assessments including attorney fees, financial consultant fees, and other fees.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 7
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
"Estimated Buildout Value" means the estimated value of an Assessed Property with fully
constructed buildings, as provided by the Developer, and confirmed by the City Council, by
considering such factors as density, lot size, proximity to amenities, view premiums, location,
market conditions, historical sales, builder contracts, discussions with homebuilders, reports
from third party consultants, or any other factors that, in the judgment of the City, may impact
value. The Estimated Buildout Value for each Lot Type is shown on Exhibit E.
"Improvement Area #1" means the initial area developed within the District as generally
depicted on Exhibit A-2, and described on Exhibit M-2, consisting of approximately 92.186 acres.
"Improvement Area #1 Annual Installment" means the Annual Installment of the Improvement
Area #1 Assessment as calculated by the Administrator and approved by the City Council, that
includes: (1) principal; (2) interest; (3) Annual Collection Costs related to Improvement Area #1;
and (4) Additional Interest related to the Improvement Area #1 Bonds, as shown on Exhibit G-2.
"Improvement Area #1 Assessed Property" means any Parcel within Improvement Area #1
against which an Improvement Area #1 Assessment is levied.
"Improvement Area #1 Assessment" means the Assessment levied against Improvement Area
#1 Assessed Property, related to the Improvement Area #1 Projects, and imposed pursuant to
the 2019 Assessment Ordinance and the provisions herein, as shown on the Improvement Area
#1 Assessment Roll, subject to reallocation or reduction according to the provisions herein and
in the PID Act.
"Improvement Area #1 Assessment Roll" means the Assessment Roll for the Improvement Area
#1 Assessed Property as updated, modified, or amended from time to time in accordance with
the procedures set forth herein and in the PID Act, including any Annual Service Plan Updates.
The Improvement Area #1 Assessment Roll is included in this 2022 Amended and Restated
Service and Assessment Plan as Exhibit G-1.
"Improvement Area #1 Bonds" means those certain "City of Anna, Texas Special Assessment
Revenue Bonds, Series 2019 (Hurricane Creek Public Improvement District Improvement Area #1
Project)" that are secured by Improvement Area #1 Assessments.
"Improvement Area #1 Improvements" means the Authorized Improvements which only benefit
the Improvement Area #1 Assessed Property, as further described in Section III.A and depicted
on Exhibit J-1.
"Improvement Area #1 Projects" means, collectively, (1) the pro rata portion of the Major
Improvements allocable to Improvement Area #1; (2) the Improvement Area #1 Improvements;
and (3) Bond Issuance Costs incurred in connection with the issuance of Improvement Area #1
Bonds.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT B
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
"Improvement Area #2" means the second area to be developed within the District as generally
depicted on Exhibit A-4, and described on Exhibit M-4, consisting of approximately 69.1 acres.
"Improvement Area #2 Annual Installment" means the Annual Installment of the Improvement
Area #2 Assessment as calculated by the Administrator and approved by the City Council, that
includes: (1) principal; (2) interest; (3) Annual Collection Costs related to Improvement Area #2;
and (4) Additional Interest related to the Improvement Area #2 Bonds, as shown on Exhibit 1-2.
"Improvement Area #2 Assessed Property" means any Parcel within Improvement Area #2
against which an Improvement Area #2 Assessment is levied.
"Improvement Area #2 Assessment" means the Assessment levied against Improvement Area
#2 Assessed Property and imposed pursuant to the 2022 Assessment Ordinance and the
provisions herein, as shown on the Improvement Area #2 Assessment Roll, subject to reallocation
or reduction according to the provisions herein and in the PID Act.
"Improvement Area #2 Assessment Roll" means the Assessment Roll for the Improvement Area
#2 Assessed Property, as updated, modified, or amended from time to time in accordance with
the procedures set forth herein and in the PID Act, including any Annual Service Plan Updates.
The Improvement Area #2 Assessment Roll is included in this 2022 Amended and Restated
Service and Assessment Plan as Exhibit 1-1.
"Improvement Area #2 Bonds" means those certain "City of Anna, Texas, Special Assessment
Revenue Bonds, Series 2022 (Hurricane Creek Public Improvement District Improvement Area #2
Projects)", that are secured by Improvement Area #2 Assessments.
"Improvement Area #2 Improvements" means the Authorized Improvements which only benefit
the Improvement Area #2 Assessed Property as further described in Section III.0 and depicted
on Exhibit J-3.
"Improvement Area #2 Initial Parcel" means the all property located within Improvement Area
#2, which is described on Exhibit M-4, and generally depicted on Exhibit A-4, against which the
entire Improvement Area #2 Assessment is levied as shown on the Improvement Area #2
Assessment Roll attached hereto as Exhibit 1-1.
"Improvement Area #2 Projects" means collectively, (1) the Improvement Area #2
Improvements; and (2) Bond Issuance Costs incurred in connection with the issuance of
Improvement Area #2 Bonds.
"Indenture" means an Indenture of Trust entered into in connection with the issuance of each
series of PID Bonds, as amended from time to time, between the City and a Bond Trustee setting
forth terms and conditions related to a series of PID Bonds.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 9
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
"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 Owner, and confirmed by the City Council, as shown on Exhibit E.
"Lot Type 1" means a Lot within Improvement Area #1 marketed to homebuilders as a 70' Lot
and identified as such on the Improvement Area #1 Assessment Roll attached as Exhibit G-1.
"Lot Type 2" means a Lot within Improvement Area #1 marketed to homebuilders as a 80' Lot
and identified as such on the Improvement Area #1 Assessment Roll attached as Exhibit G-1.
"Lot Type 3" means a Lot within Improvement Area #2 marketed to homebuilders as a 40' Lot,
with an estimated buildout value of $375,000 as of the date of adoption of this Amended and
Restated Service and Assessment Plan.
"Lot Type 4" means a Lot within Improvement Area #2 marketed to homebuilders as a 50' Lot,
with an estimated buildout value of $425,000 as of the date of adoption of this Amended and
Restated Service and Assessment Plan.
"Lot Type 5" means a Lot within Improvement Area #2 marketed to homebuilders as a 70' Lot,
with an estimated buildout value of $550,000 as of the date of adoption of this Amended and
Restated Service and Assessment Plan.
"Lot Type 6" means a Lot within Improvement Area #2 marketed to homebuilders as an 80' Lot,
with an estimated buildout value of $600,000 as of the date of adoption of this Amended and
Restated Service and Assessment Plan.
"Lot Type 7" means a Lot within Improvement Area #2 marketed to homebuilders as a 90' Lot,
with an estimated buildout value of $650,000 as of the date of adoption of this Amended and
Restated Service and Assessment Plan.
"Major Improvement Area" means approximately 276.014 acres located within the District, as
described on Exhibit M-3 and generally depicted on Exhibit A-3. The Major Improvement Area
includes all of the District save and except Improvement Area #1.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 10
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
"Major Improvement Area Annual Installment" means the Annual Installment of the Major
Improvement Area Assessment as calculated by the Administrator and approved by the City
Council that includes: (1) principal; (2) interest; (3) Annual Collection Costs related to the Major
Improvement Area; and (4) Additional Interest related to the Major Improvement Area Bonds, as
shown on Exhibit H-2.
"Major Improvement Area Assessed Property" means any Parcel within the Major Improvement
Area against which a Major Improvement Area Assessment is levied.
"Major Improvement Area Assessment" means the Assessment levied against the Major
Improvement Area Assessed Property and related to Major Improvement Area Projects and
imposed pursuant to the 2019 Assessment Ordinance and the provisions herein, as shown on the
Major Improvement Area Assessment Roll, subject to reallocation or reduction according to the
provision herein and in the PID Act.
"Major Improvement Area Assessment Roll" means the Assessment Roll for the Major
Improvement Area Assessed Propertywithin the District, as updated, modified, or amended from
time to time in accordance with the procedures set forth herein and in the PID Act, including any
Annual Service Plan Updates. The Major Improvement Area Assessment Roll is included in this
2022 Amended and Restated Service and Assessment Plan as Exhibit H-1.
"Major Improvement Area Projects" means collectively, (1) the Major Improvement Area
Projects; and (2) Bond Issuance Costs incurred in connection with the issuance of the Major
Improvement Area Bonds.
"Major Improvement Area Bonds" means those certain "City of Anna, Texas Special Assessment
Revenue Bonds, Series 2019 (Hurricane Creek Public Improvement District Major Improvement
Area Project)" that are secured by actual revenues received by or on behalf of the City from the
collection of the Major Improvement Area Assessment, or the Annual Installments thereof.
"Major Improvement Area Initial Parcel" means the all property located within the Major
Improvement Area, which is described on Exhibit M-3, and depicted on Exhibit A-3, against which
the entire Major Improvement Area Assessment is levied as shown on Major Improvement Area
Assessment Roll attached hereto as Exhibit H-1.
"Major Improvement Area Projects" means the pro rata portion of the Major Improvements
allocable to the Major Improvement Area.
"Major Improvements" means those Authorized Improvements that confer special benefit to all
the Assessed Property within the District, and as further described in Section 111.13 and depicted
on Exhibit J-2.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 11
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
"Maximum Assessment" means, for each Lot Type, an Assessment equal to the lesser of (1) the
amount calculated pursuant to Section VI.A, or (2) the amount shown on Exhibit E.
"Non -Benefited Property" means Parcels within the boundaries of the District that accrue no
special benefit from the Authorized Improvements as determined by the City Council.
"Parcel" or "Parcel(s)" means a specific property within the District identified by either a tax map
parcel identification number assigned by the Collin Central Appraisal District for real property tax
purposes, by legal description, or by lot and block number in a final subdivision plat recorded in
the Official Public Records of the County, or by any other means determined by the City.
"PID Act" means Chapter 372, Texas Local Government Code, as amended.
"PID Bonds" means any bonds issued by the City in one or more series and secured in whole or
in part by Assessments. This term is used in this 2022 Amended and Restated Service and
Assessment Plan to collectively refer to: (1) the Improvement Area #1 Bonds, (2) the Major
Improvement Area Bonds, and (3) the Improvement Area #2 Bonds, including any bonds issued
to refund these bonds.
"Prepayment" means the payment of all or a portion of an Assessment before the due date of
the final Annual Installment thereof. Amounts received at the time of a Prepayment which
represent a payment of principal, interest, or penalties on a delinquent installment of an
Assessment are not to be considered a Prepayment, but rather are to be treated as the payment
of the regularly scheduled Annual Installment.
"Prepayment Costs" means interest, including Additional Interest and Annual Collection Costs,
to the date of Prepayment.
"Service Plan" means the plan described in Section IV and covers a period of at least five years
and defines the annual indebtedness and projected costs of the Authorized Improvements.
"TIRZ No. 2" means Tax Increment Reinvestment Zone No. 2, City of Anna, Texas created by the
City pursuant to TIRZ Creation Ordinance No. 804-2019 on March 12, 2019.
"TIRZ No. 2 Annual Credit Amount" is defined in Section V.B, which amount shall not annually
exceed the TIRZ No. 2 Maximum Annual Credit Amount, and which shall be transferred from the
TIRZ No. 2 Fund to the applicable pledged revenue fund.
"TIRZ No. 2 Fund" means the tax increment fund created pursuant to the TIRZ No. 2 Ordinance
where TIRZ No. 2 Revenues are deposited annually.
"TIRZ No. 2 Maximum Annual Credit Amount" means for each Lot Type in Improvement Area
#1, the amount shown on Exhibit F.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 12
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
"TIRZ No. 2 Creation Ordinance" means Ordinance No. 804-2019 adopted by the City Council on
March 12, 2019, approving the TIRZ No. 2 Project Plan and authorizing the use of TIRZ No. 2
Revenues for project costs under the Chapter 311, Texas Tax Code as amended.
"TIRZ No. 2 Project Plan" means the Tax Reinvestment Zone Number Two, City of Anna, Texas,
Project and Finance Plan, dated March 26, 2019.
"TIRZ No. 2 Revenues" mean, for each year during the term of TIRZ No. 2, the amounts which
are deposited in the TIRZ No. 2 Fund pursuant to the TIRZ No. 2 Ordinance, and the TIRZ No. 2
Project Plan.
"Trustee" means a trustee or successor trustee under an Indenture.
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HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 13
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SECTION II: THE DISTRICT
The District includes approximately 368.200 contiguous acres located within the City, as more
particularly described on Exhibit M-1, and depicted on Exhibit A-1. Development of the District
is anticipated to include approximately 898 single-family homes.
Improvement Area #1 includes approximately 92.186 contiguous acres located within the City,
described on Exhibit M-2, and depicted on Exhibit A-2. Development of Improvement Area #1
includes 220 single-family homes.
The Major Improvement Area comprises future development phases for the District, none of
which is within Improvement Area #1. The Major Improvement Area includes approximately
206.914 contiguous acres located within the City, as described on Exhibit M-3, and depicted on
Exhibit A-3. Development of the Major Improvement Area is anticipated to include
approximately 678 single-family homes. Improvement Area #2 is wholly within the Major
Improvement Area. In addition to Improvement Area #2, the Major Improvement Area includes
approximately 137.814 acres that are expected to be developed as future improvement areas.
Improvement Area #2 is located wholly within the Major Improvement Area, and includes
approximately 69.1 acres as described on Exhibit M-4, and depicted on Exhibit A-4. Development
of Improvement Area #2 is anticipated to contain 340 single-family homes.
I SECTION III: AUTHORIZED IMPROVEMENTS I
The City Council, based on information provided by the Owner and its engineer and reviewed by
the City staff and by third -party consultants retained by the City, has determined that the costs
described below are costs of Authorized Improvements, as defined by the PID Act, that confer a
special benefit on the Assessed Property. The budget for the Authorized Improvements is shown
on Exhibit B.
A. Improvement Area #1 Improvements
All Improvement Area #1 Improvements will be designed and constructed in accordance with
City standards and specifications and will be owned and operated by the City.
Street Improvements
Improvements including subgrade stabilization (including lime treatment and
compaction), concrete and reinforcing steel for roadways, testing, handicapped ramps,
and street lights. All related earthwork, excavation, erosion control, retaining walls,
intersections, signage, lighting and re -vegetation of all disturbed areas within the right -
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 14
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
of -way are included. The street improvements will provide street access to each Lot
within Improvement Area #1.
Water Improvements
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, testing, related earthwork, excavation, and erosion
control all necessary appurtenances required to provide water service to each Lot within
Improvement Area #1.
■ Sanitary Sewer Improvements
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, testing, related earthwork, excavation, and erosion
control all necessary appurtenances required to provide wastewater service to each Lot
within Improvement Area #1.
Storm Drainage Improvements
Improvements including earthen channels, swales, curb and drop inlets, RCP piping and
boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls, and testing as well as
all related earthwork, excavation, and erosion control necessary to provide storm
drainage for each Lot in Improvement Area #1.
B. Major Improvements
All Major Improvements will be designed and constructed in accordance with City standards and
specifications and will be owned and operated by the City.
Street Improvements
Improvements include construction of perimeter road and thoroughfare improvements,
including related paving, drainage, curbs, gutters, sidewalks, retaining walls, signage, and
traffic control devices.
Water Distribution System Improvements
Improvements consist of construction and installation of water lines, mains, pipes, valves
and appurtenances necessary for the water distribution system, as well as related testing,
trench safety and erosion protection, necessary to service the District.
Sanitary Sewer Improvements
Improvements consist of construction and installation of pipes, service lines, manholes,
encasements and appurtenances necessary to provide sanitary sewer service to the
District.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT is
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Storm Drainage Improvements
Improvements consist of reinforced concrete pipes, reinforced concrete boxes, and multi -
reinforced box culverts.
C. Improvement Area #2 Improvements
All Improvement Area #2 Improvements will be designed and constructed in accordance with
City standards and specifications and will be owned and operated by the City.
Streets
Improvements including subgrade stabilization (including excavation), concrete and
reinforcing steel for roadways, testing, handicapped ramps, and street lights. All related
earthwork, excavation, erosion control, retaining walls, intersections, signage, lighting
and re -vegetation of all disturbed areas within the right-of-way are included. The street
improvements will provide street access to each Lot within Improvement Area #2.
Water
Improvements including trench excavation and embedment, trench safety, PVC piping,
service connections, water mains, valves, fire hydrants, testing, earthwork, excavation,
and erosion control. These lines will include all necessary appurtenances to be fully
operational transmission lines extending water service to the limits of the Improvement
Area. The water improvements will provide water service to each Lot within
Improvement Area #2.
Wastewater
Improvements including trench excavation and embedment, trench safety, PVC piping,
manholes, service connections, sewer mains, testing, related earthwork, excavation, and
erosion control. These lines will include the necessary appurtenances to be fully
operational extending wastewater service to the limits of the improvement area. The
wastewater improvements will provide wastewater service to each Lot within
Improvement Area #2.
Storm Drainage
Improvements including earthen channels, swales, curb and drop inlets, storm sewer
mains, RCP piping and boxes, headwalls, concrete flumes, rock rip rap, concrete outfalls,
and testing as well as all related earthwork, excavation, and erosion control necessary to
provide storm water. The storm drainage improvements will provide storm drainage to
each Lot within Improvement Area #2.
Soft Costs
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 16
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Improvements including engineering and design, construction inspection fees,
geotechnical testing, governmental submittal fees, and 2% contractor completion bonds
for the Improvement Area #2 Improvements described above.
D. Bond Issuance Costs
Debt Service Reserve Fund
Equals the amount to be deposited in a debt service reserve fund under an applicable
Indenture in connection with the issuance of PID Bonds.
Capitalized Interest
Equals the amount required to be deposited for the purpose of paying capitalized interest
under an applicable Indenture in connection with the issuance of PID Bonds.
Underwriter's Discount
Equals a percentage of the par amount of a particular series of PID Bonds related to the
costs of underwriting such PID Bonds plus a fee for underwriter's counsel.
Cost of Issuance
Includes costs associated with issuing PID Bonds, including but not limited to attorney
fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication
costs, City costs, fees charged by the Texas Attorney General, and any other cost or
expense directly associated with the issuance of PID Bonds.
E. Other Costs
Deposit to Administrative Fund
Includes District Annual Collection Costs for the first year immediately following the
issuance of a series of PID Bonds.
SECTION IV: SERVICE PLAN
The PID Act requires the Service Plan to cover a period of at least five years. The Service Plan is
required to define the annual projected costs and indebtedness for the Authorized
Improvements undertaken within the District during the five-year period. The Service Plan is also
required to include a copy of the notice form required by Section 5.014 of the Texas Property
Code, as amended. The Service Plan must be reviewed and updated in each Annual Service Plan
Update. Exhibit C summarizes the Service Plan for the District. Per the PID Act and Section 5.014
of the Texas Property Code, as amended, this 2022 Amended and Restated Service and
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT lT
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Assessment Plan, and any future Annual Service Plan Updates, shall include a form of the buyer
disclosures for the District. The buyer disclosures are attached hereto as Appendix B.
Exhibit D summarizes the sources and uses of funds required to construct the Authorized
Improvements. The sources and uses of funds shown on Exhibit D shall be updated in an Annual
Service Plan Update.
SECTION V: ASSESSMENT PLAN
The PID Act allows the City Council to apportion the costs of the Authorized Improvements to the
Assessed Property based on the special benefit received from the Authorized Improvements. The
PID Act provides that such costs may be apportioned: (1) equally per front foot or square foot;
(2) according to the value of property as determined by the City Council, with or without regard
to improvements constructed on the property; or (3) in any other manner approved by the City
Council that results in imposing equal shares of such costs on property similarly benefited. The
PID Act further provides that the City Council may establish by ordinance or order reasonable
classifications and formulas for the apportionment of the cost between the City and the area to
be assessed and the methods of assessing the special benefits for various classes of
improvements.
This section of this 2022 Amended and Restated Service and Assessment Plan describes the
special benefit received by each Parcel within the District as a result of the Authorized
Improvements and provides the basis and justification for the determination that this special
benefit equals or exceeds the amount of the Assessments to be levied on the Assessed Property
for such Authorized Improvements.
The determination by the City Council of the assessment methodologies set forth below is the
result of the discretionary exercise by the City Council of its legislative authority and
governmental powers and is conclusive and binding on the Owner, developers, and all future
owners and developers of the Assessed Property.
A. Assessment Methodology
Acting in its legislative capacity and based on information provided by the Owners and their
engineers and reviewed by the City staff and by third -party consultants retained by the City, the
City Council has determined the following:
• The costs of the Major Improvements were allocated between Improvement Area #1 and
the Major Improvement Area pro rata based on the ratio of the Estimated Buildout Value
of each Parcel designated as Major Improvement Area Assessed Property or
Improvement Area #1 Assessed Property to the Estimated Buildout Value of all Assessed
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 18
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Property within the District at the time the 2019 Service and Assessment Plan was
approved. At that time, Improvement Area #1 was allocated 31.51% of the Major
Improvements, and the Major Improvement Area was allocated the remaining 68.49% of
the Major Improvements.
The costs of the Major Improvement Area Projects were allocated 100% to Major
Improvement Area Assessed Property by spreading the entire Major Improvement Area
Assessment across all Major Improvement Area Assessed Property based on the ratio of
the Estimated Buildout Value of each Parcel designated as Major Improvement Area
Assessed Property to the Estimated Buildout Value of all Major Improvement Area
Assessed Property at the time the 2019 Service and Assessment Plan was approved.
The costs of the Improvement Area #1 Projects were allocated 100% to Improvement
Area #1 Assessed Property by spreading the entire Improvement Area #1 Assessment
across all Improvement Area #1 Assessed Property based on the ratio of the Estimated
Buildout Value of each Parcel designated as Improvement Area #1 Assessed Property to
the Estimated Buildout Value of all Improvement Area #1 Assessed Property at the time
the 2019 Service and Assessment Plan was approved.
The costs of the Improvement Area #2 Projects shall be allocated 100% to Improvement
Area #2 Assessed Property by spreading the entire Improvement Area #2 Assessment
across all Improvement Area #2 Assessed Property based on the ratio of the Estimated
Buildout Value of each Parcel designated as Improvement Area #2 Assessed Property to
the Estimated Buildout Value of all Improvement Area #2 Assessed Property. Currently,
the Improvement Area #2 Initial Parcel is the only parcel within Improvement Area #2. As
such, the Improvement Area #2 Initial Parcel shall be allocated 100% of the Improvement
Area #2 Projects.
B. Assessments
Assessments are levied on the Assessed Property according to the Improvement Area #1
Assessment Roll, attached hereto as Exhibit G-1, the Major Improvement Area Assessment Roll,
attached hereto as Exhibit H-1, and the Improvement Area #2 Assessment Roll, attached hereto
as Exhibit 1-1. The projected Annual Installments for Improvement Area #1 are shown on Exhibit
G-2, the projected Annual Installments for the Major Improvement Area are shown on Exhibit H-
2, and the projected Annual Installments for Improvement Area #2 are shown on Exhibit 1-2,
subject to revisions made in any Annual Service Plan Update. Upon division or subdivision of the
Improvement Area #2 Initial Parcel, the Improvement Area #2 Assessment, and the Major
Improvement Area Assessment will be reallocated pursuant to Section VI.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 19
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
The Maximum Assessment for each Lot Type within Improvement Area #1 and Improvement
Area #2 is shown on Exhibit E. In no case will the Assessment for Lot Type 1, Lot Type 2, Lot Type
3, Lot Type 4, Lot Type 5, Lot Type 6, or Lot Type 7 exceed the corresponding Maximum
Assessment.
C. Findings of Special Benefit
Acting in its legislative capacity based on information provided by the Owners and their engineers
and reviewed by City staff and by third -party consultants retained by the City, the City Council
has found and determined:
1. Improvement Area #1 Assessments
a. The costs of the Improvement Area #1 Projects were equal to $8,384,416 as
shown on Exhibit B; and
b. The Improvement Area #1 Assessed Property received special benefit from the
Improvement Area #1 Projects equal to or greater than the Actual Cost of the
Improvement Area #1 Projects; and
c. With the adoption of the 2019 Assessment Ordinance, the Improvement Area #1
Assessed Property was allocated 100% of the Improvement Area #1 Assessment
levied for the Improvement Area #1 Projects, which was equal to $7,375,000;
d. The special benefit (>_ $8,384,416) received by the ImprovementArea #1 Assessed
Property from the Improvement Area #1 Projects was equal to or greaterthan the
amount of the Improvement Area #1 Assessment ($7,375,000) levied on the
Improvement Area #1 Assessed Property for the Improvement Area #1 Projects.
e. At the time the City Council approved the 2019 Assessment Ordinance, the
Developer owned 100% of the Improvement Area #1 Initial Parcel. The Developer
acknowledged that the Improvement Area #1 Projects conferred a special benefit
on the Improvement Area #1 Initial Parcel and consented to the imposition of the
Improvement Area #1 Assessment to pay for the Actual Costs associated
therewith. The Developer ratified, confirmed, accepted, agreed to, and approved:
(1) the determinations and findings by the City Council as to the special benefits
described and the 2019 Assessment Ordinance; (2) the 2019 Service and
Assessment Plan and the 2019 Assessment Ordinance; and (3) the levying of the
Improvement Area #1 Assessment on the Improvement Area #1 Initial Parcel.
2. Major Improvement Area Assessments
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 20
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
a. The costs of the Major Improvement Area Projects were equal to $3,535,000 as
shown on Exhibit B; and
b. The Major Improvement Area Assessed Property received special benefit from the
Major Improvement Area Projects equal to or greater than the Actual Cost of the
Major Improvement Area Projects; and
c. With the adoption of the 2019 Assessment Ordinance, the Major Improvement
Area Assessed Property was allocated 100% of the Major Improvement Area
Assessment. The Major Improvement Area Assessment was levied on Major
Improvement Area Assessed Property for the Major Improvement Area Projects,
which equals $3,535,000;
d. The special benefit ( >_ $3,535,000) received by the Major Improvement Area
Assessed Property from the Major Improvement Area Projects was equal to or
greater than the amount of the Major Improvement Area Assessment
($3,535,000) levied on the Major Improvement Area Assessed Property for the
Major Improvement Area Projects; and
e. At the time the City Council approved the 2019 Assessment Ordinance, the
Developer owned 100% of the Major Improvement Area Initial Parcel. The
Developer acknowledged that the Major Improvement Area Projects conferred a
special benefit on the Major Improvement Area Initial Parcel and consented to the
imposition of the Major Improvement Area Assessment to pay for the Actual Costs
associated therewith. The Developer ratified, confirmed, accepted, agreed to, and
approved: (1) the determinations and findings by the City Council as to the special
benefits described and the 2019 Assessment Ordinance; (2) the 2019 Service and
Assessment Plan and the 2019 Assessment Ordinance; and (3) the levying of the
Major Improvement Area Assessment on the Major Improvement Area Initial
Parcel.
• Improvement Area tit Assessments
■ The costs of the Improvement Area #2 Projects equal $10,712,158 as shown on
Exhibit B; and
The Improvement Area #2 Assessed Property receives special benefit from the
Improvement Area #2 Projects equal to or greater than the Actual Cost of the
Improvement Area #2 Projects; and
With the adoption of the 2022 Assessment Ordinance, the Improvement Area #2
Assessed Property shall be allocated 100% of the Improvement Area #2
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 21
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Assessment levied for the Improvement Area #2 Projects, which equal
$10,300,000; and
■ The special benefit ( >_ $10,712,158) received by the Improvement Area #2
Assessed Property from the Improvement Area #2 Projects is equal to or greater
than the amount of the Improvement Area #2 Assessment ($10,300,000) levied
on the Improvement Area #2 Assessed Property for the Improvement Area #2
Projects; and
At the time the City Council approved the 2022 Assessment Ordinance, the
Developer owned 100% of the Improvement Area #2 Assessed Property. The
Developer acknowledged that the Improvement Area #2 Improvements confer a
special benefit on the Improvement Area #2 Assessed Property and consented to
the imposition of the Improvement Area #2 Assessments to pay for the Actual
Costs associated therewith. The Developer ratified, confirmed, accepted, agreed
to, and approved: (1) the determinations and findings by the City Council as to the
special benefits described herein, and the 2022 Assessment Ordinance levying the
Improvement Area #2 Assessment; (2) this 2022 Amended and Restated Service
and Assessment Plan and the 2022 Assessment Ordinance levying the
Improvement Area #2 Assessment; and (3) the levying of the Improvement Area
#2 Assessments on the Improvement Area #2 Assessed Property.
D. Annual Collection Costs
The Annual Collection Costs shall be paid for annually by the owner of each Parcel pro rata based
on the ratio of the amount of outstanding Assessment remaining on the Parcel to the total
outstanding Assessment. The Annual Collection Costs shall be collected as part of and in the
same manner as Annual Installments in the amounts shown on the Assessment Roll, which may
be revised based on Actual Costs incurred in Annual Service Plan Updates.
E. Additional Interest
The interest rate on Assessments securing each respective series of PID Bonds may exceed the
interest rate on each respective series of PID Bonds by the Additional Interest Rate. To the extent
required by any Indenture, Additional Interest shall be collected as part of each Annual
Installment and shall be deposited pursuant to the applicable Indenture.
F. TIRZ No. 2 Annual Credit Amount
The City Council, in accordance with the Amended and Restated PID Reimbursement Agreement,
has agreed to use a portion of TIRZ No. 2 Revenues generated (the "TIRZ No. 2 Annual Credit
Amount") from each Improvement Area #1 Assessed Property within the City's corporate limits
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 22
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
to offset a portion of such property's Improvement Area #1 Annual Installment of the
Improvement Area #1 Assessment, as applicable.
1. The ImprovementArea #1 Annual Installment for an Improvement Area #1 Assessed Property
within the City's corporate limits shall be reduced by the TIRZ No. 2 Annual Credit Amount
equal to the TIRZ No. 2 Revenue generated by the Assessed Property, on a Lot -by -Lot basis
for the previous Tax Year (i.e. TIRZ No. 2 Revenue collected from the Improvement Area #1
Assessed Property for Tax Year 2023 shall be applied as the TIRZ No. 2 Annual Credit Amount
applicable to such Improvement Area #1 Assessed Property's Improvement Area #1 Annual
Installment, as applicable, to be collected in Tax Year 2024). In no event shall the TIRZ No. 2
Annual Credit Amount exceed the TIRZ No. 2 Maximum Annual Credit Amount shown in
Section V.F.2 as calculated on Exhibit F for each Lot of Assessed Property within Improvement
Area #1.
2. The TIRZ No. 2 Maximum Annual Credit Amount for an Improvement Area #1 Assessed
Property within the City's corporate limits is calculated for each Lot Type, as shown on Exhibit
F. The TIRZ No. 2 Maximum Annual Credit Amount is calculated so that the Improvement Area
#1 Annual Installment minus the TIRZ No. 2 Maximum Annual Credit Amount for each Lot
Type produces a total equivalent tax rate for such Lot Type which does not exceed the
equivalent ad valorem tax rate, taking into consideration the tax rates of all applicable
overlapping taxing units and the equivalent tax rate of the Improvement Area #1 Annual
Installment, as applicable, based on Estimated Buildout Values at the time the 2019
Assessment Ordinance was approved. The resulting TIRZ No. 2 Maximum Annual Credit
Amount for each applicable Lot Type within the Improvement Area #1 is shown on Exhibit F.
After the TIRZ No. 2 Annual Credit Amount is applied to provide a credit towards a portion of
the Improvement Area #1 Annual Installment for the Assessed Property within the City's
corporate limits, any excess TIRZ No. 2 Revenues available from the TIRZ No. 2 Fund shall be
transferred from the TIRZ No. 2 Fund to the City, and shall not be available to offset the
applicable Annual Installment related to such Lot.
3. For the term of the Improvement Area #1 Bonds, TIRZ No. 2 Maximum Annual Credit Amount
may not be lowered even if the total equivalent tax rate on Improvement Area #1 increases
above or decreases below $3.07 per $100 of assessed value (inclusive of the equivalent tax
rate of the Improvement Area #1 Annual Installment, as applicable, and all overlapping taxing
jurisdictions) based on increases or decreases in the rates charged by taxing jurisdictions
other than the City, including the school and the county, for each Lot Type unless
Improvement Area #1 Assessments are lowered by a like amount.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 23
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
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 accordingto the following formula:
A=Bx(C=D)
Where the terms have the following meanings:
A = the Assessment for the newly divided Assessed Property
B = the Assessment for the Assessed Property prior to division
C = the Estimated Buildout Value of the newly divided Assessed Property
D = the sum of the Estimated Buildout Value for all for the newly divided Assessed
Properties
The calculation of the Assessment of an Assessed Property shall be performed by the
Administrator and shall be based on the Estimated Buildout Value of that Assessed
Property, as provided by the Owners, relying on information from homebuilders, market
studies, appraisals, Official Public Records of the County, and any other relevant
information regarding the Assessed Property. The Estimated Buildout Value for Lot Type
1, Lot Type 2, Lot Type 3, Lot Type 4, Lot Type 5, Lot Type 6, and Lot Type 7 are shown on
Exhibit E and will not change in future Annual Service Plan Updates. The calculation as
confirmed by the City Council shall be conclusive and binding.
The sum of the Assessments for all newly divided Assessed Properties shall equal the
Assessment for the Assessed Property prior to subdivision. The calculation shall be made
separately for each newly divided Assessed Property. The reallocation of an Assessment
for an Assessed Property that is a homestead under Texas law may not exceed the
Assessment prior to the reallocation. Any reallocation pursuant to this section shall be
reflected in the Annual Service Plan Update immediately following such reallocation.
2. Upon Subdivision by a Recorded Subdivision Plat
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 24
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the
Administrator shall reallocate the Assessment for the Assessed Property prior to the
subdivision among the new subdivided Lots based on Estimated Buildout Value according
to the following formula:
A = [B x (C = D))/E
Where the terms have the following meanings:
A = the Assessment for the newly subdivided Lot
B = the Assessment for the Parcel prior to subdivision
C=the sum of the Estimated Buildout Value of all newly subdivided Lots with same
Lot Type
D = the sum of the Estimated Buildout Value for all of the newly subdivided Lots
excluding Non-Benefitted Property
E= the number of newly subdivided Lots with same Lot Type
Prior to the recording of a subdivision plat, the Owner 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 Owners, homebuilders, third party consultants, and/or
the Official Public Records of the County regarding the Lot. The Estimated Buildout Value
for Lot Type 1, Lot Type 2, Lot Type 3, Lot Type 4, Lot Type 5, Lot Type 6, and Lot Type 7
are shown on Exhibit E and will not change in future Annual Service Plan Updates. The
calculation as confirmed by the City Council shall be conclusive and binding.
The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment
for the portion of the Assessed Property subdivided prior to subdivision. The calculation
shall be made separately for each newly subdivided Assessed Property. The reallocation
of an Assessment for an Assessed Property that is a homestead under Texas law may not
exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section
shall be reflected in the Annual Service Plan Update immediately following such
reallocation.
3. Upon Consolidation
If two or more Lots or Parcels are consolidated into a single Parcel or Lot, the
Administrator shall allocate the Assessments against the Lots or Parcels before the
consolidation to the consolidated Lot or Parcel, which allocation shall be approved by the
City Council in the next Annual Service Plan Update immediately following such
consolidation. The Assessment for any resulting Lot may not exceed the Maximum
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 25
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Assessment for the applicable Lot Type and compliance may require a mandatory
prepayment of Assessments pursuant to Section VI.C.
B. Mandatory Prepayment of Assessments
If an Assessed Property or a portion thereof is conveyed to a party that is exempt from payment
of the Assessment under applicable law, or the owner causes a Lot, Parcel, or portion thereof to
become Non-Benefitted Property, the owner of such Lot, Parcel, or portion thereof shall pay to
the City or cause to be paid to the City the full amount of the Assessment, plus all Prepayment
Costs and Delinquent Collection Costs for such Assessed Property, prior to any such conveyance
or act, and no such conveyance shall be effective until the City receives such payment. Following
payment of the foregoing costs in full, the City shall provide the owner with a recordable "Notice
of Assessment Termination," a form of which is attached hereto as Exhibit K.
C. True -Up of Assessments if Maximum Assessment Exceeded at Plat
Prior to the City approving a final subdivision plat, the Administrator will certify that such plat
will not result in the Assessment per Lot for any Lot Type to exceed the Maximum Assessment. If
the Administrator determines that the resulting Assessment per Lot for any Lot Type will exceed
the Maximum Assessment for that Lot Type, then (1) the Assessment applicable to each Lot Type
shall each be reduced to the Maximum Assessment, and (2) the person or entity filing the plat
shall pay to the City or cause to be paid to the City the amount the Assessment was reduced, plus
Prepayment Costs and Delinquent Collection Costs, if any, prior to the City approving the final
plat. The City's approval of a plat without payment of such amounts does not eliminate the
obligation of the person or entity filing the plat to pay such amounts. At no time shall the
aggregate Assessments for any Lot exceed the Maximum Assessment.
D. Reduction of Assessments
If the Actual Costs of completed Authorized Improvements are less than the Assessments, then
(i) in the event PID Bonds have not been issued for the purpose of financing Authorized
Improvements affected by such reduction in Actual Costs, the City Council shall reduce each
Assessment, and the TIRZ No. 2 Annual Credit Amount, applicable only to Lots within
Improvement Area ##1, on a pro rata basis such that the sum of the resulting reduced Assessments
for all Assessed Property equals the reduced Actual Costs that were expended, or (ii) in the event
PID Bonds have been issued for the purpose of financing Authorized Improvements affected by
such reduction in Actual Costs, the Trustee shall apply amounts on deposit in the applicable
account of the project fund created under the Indenture relating to such series of PID Bonds as
directed bythe City pursuant to the terms of such Indenture. Such excess PID Bond proceeds may
be used for any purpose authorized by such Indenture. The Assessments shall never be reduced
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 26
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
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 paythe Assessment
and corresponding Annual Installments shall terminate with respect to said Assessed Property;
and (4) the City shall provide the owner with a recordable "Notice of Assessment Termination."
If an Assessment on an Assessed Property is prepaid in part, with Prepayment Costs: (1) the
Administrator shall cause the Assessment to be reduced on said Assessed Property and the
Assessment Roll revised accordingly; (2) the Administrator shall prepare the revised Assessment
Roll and submit to the City Council for review and approval as part of the next Annual Service
Plan Update; and (3) the obligation to pay the Assessment will be reduced to the extent of the
Prepayment made.
F. Payment of Assessment in Annual Installments
Assessments that are not paid in full shall be due and payable in Annual Installments. Exhibit G-
2 shows the estimated Annual Installments for Improvement Area #1, Exhibit 1-2 shows the
estimated Annual Installments for Improvement Area #2, and Exhibit H-2 shows the estimated
Annual Installments for the Major Improvement Area. Annual Installments are subject to
adjustment in each Annual Service Plan Update.
Prior to the recording of a final subdivision plat, if any Parcel shown on the Assessment Roll is
assigned multiple tax parcel identification numbers for billing and collection purposes, the Annual
Installment shall be allocated pro rata based on the acreage of the property not including any
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 27
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Non-Benefitted Property or non -assessed property, as shown by Collin Central Appraisal District
for each tax parcel identification number.
The Administrator shall prepare and submit to the City Council for its review and approval an
Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each
Annual Service Plan Update shall include updated Assessment Rolls and updated calculations of
Annual Installments. The Annual Collection Costs for a given Assessment shall be paid by the
owner of each Parcel pro rata based on the ratio of the amount of outstanding Assessment
remaining on the Parcel to the total outstanding Assessment. Annual Installments shall be
reduced by any credits applied under an applicable Indenture, such as capitalized interest,
interest earnings on account balances, and any other funds available to the Trustee for such
purposes. Annual Installments shall be collected by the City in the same manner and at the same
time as ad valorem taxes. Annual Installments shall be subject to the penalties, procedures, and
foreclosure sale in case of delinquencies as set forth in the PID Act and in the same manner as ad
valorem taxes due and owing to the City. To the extent permitted by the PID Act or other
applicable law, the City Council may provide for other means of collecting Annual Installments,
but in no case shall the City take any action, or fail to take any action, that would cause it to be
in default under any Indenture.
Sales of the Assessed Property for nonpayment of Annual Installments shall be subject to the lien
for the remaining unpaid Annual Installments against the Assessed Property, and the Assessed
Property may again be sold at a judicial foreclosure sale if the purchaser fails to timely pay any of
the remaining unpaid Annual Installments as they become due and payable.
The City reserves the right to refund PID Bonds in accordance with applicable law, including the
PID Act. In the event of a refunding, the Administrator shall recalculate the Annual Installments
so that total Annual Installments will be sufficient to pay the refunding bonds, and the refunding
bonds shall constitute "PID Bonds."
Each Annual Installment of an Assessment, including interest on the unpaid principal of the
Assessment, shall be updated annually. Each Annual Installment shall be due when billed and
shall be delinquent if not paid prior to February 1 of the following year.
G. Prepayment as a Result of an Eminent Domain Proceeding or Taking
Subject to applicable law, if any portion of any Parcel of Assessed Property is taken from an owner
as a result of eminent domain proceedings or if a transfer of any portion of any Parcel of Assessed
Property is made to an entity with the authority to condemn all or a portion of the Assessed
Property in lieu of or as a part of an eminent domain proceeding (a "Taking"), the portion of the
Assessed Property that was taken or transferred (the "Taken Property") shall be reclassified as
Non-Benefitted Property.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 28
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
For the Assessed Property that is subject to the Taking as described in the preceding paragraph,
the Assessment that was levied against the Assessed Property (when it was included in the Taken
Property) prior to the Taking shall remain in force against the remaining Assessed Property (the
Assessed Property less the Taken Property) (the "Remaining Property") following the
reclassification of the Taken Property as Non-Benefitted Property, subject to an adjustment of
the Assessment applicable to the Remaining Property after any required Prepayment as set forth
below. The owner of the Remaining Property will remain liable to pay in Annual Installments, or
payable as otherwise provided by this 2022 Amended and Restated Service and Assessment Plan,
as updated, or the PID Act, the Assessment that remains due on the Remaining Property, subject
to an adjustment in the Assessment applicable to the Remaining Property after any required
Prepayment as set forth below. Notwithstanding the foregoing, if the Assessment that remains
due on the Remaining Property exceeds the applicable Maximum Assessment, the owner of the
Remaining Property will be required to make a Prepayment in an amount necessary to ensure
that the Assessment against the Remaining Property does not exceed such Maximum
Assessment, in which case the Assessment applicable to the Remaining Property will be reduced
by the amount of the partial Prepayment. If the City receives all or a portion of the eminent
domain proceeds (or payment made in an agreed sale in lieu of condemnation), such amount
shall be credited against the amount of Prepayment, with any remainder credited against the
Assessment on the Remaining Property.
In all instances the Assessment remaining on the Remaining Property shall not exceed the
applicable Maximum Assessment.
By way of illustration, if an owner owns 100 acres of Assessed Property subject to a $100
Assessment and 10 acres is taken through a Taking, the 10 acres of Taken Property shall be
reclassified as Non-Benefitted Property and the remaining 90 acres constituting the Remaining
Property shall be subject to the $100 Assessment (provided that this $100 Assessment does not
exceed the Maximum Assessment on the Remaining Property). If the Administrator determines
that the $100 Assessment reallocated to the Remaining Property would exceed the Maximum
Assessment, as applicable, on the Remaining Property by $10, then the owner shall be required
to pay $10 as a Prepayment of the Assessment against the Remaining Property and the
Assessment on the Remaining Property shall be adjusted to $90.
Notwithstanding the previous paragraphs in this subsection, if the owner of the Remaining
Property notifies the City and the Administrator that the Taking prevents the Remaining Property
from being developed for any use which could support the Estimated Buildout Value
requirement, the owner shall, upon receipt of the compensation for the Taken Property, be
required to prepay the amount of the Assessment required to buy down the outstanding
Assessment to the applicable Maximum Assessment on the Remaining Property to support the
Estimated Buildout Value requirement. The owner will remain liable to pay the Assessment on
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 29
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
both the Taken Property and the Remaining Property until such time that such Assessment has
been prepaid in full.
Notwithstanding the previous paragraphs in this subsection, the Assessments shall never be
reduced to an amount less than the amount required to pay all outstanding debt service
requirements on all outstanding PID Bonds.
SECTION VII: ASSESSMENT ROLL
The list of current Lots within the District, the corresponding total Assessments, and current
Annual Installment by Lot for Improvement Area #1, the Major Improvement Area, and
Improvement Area #2 are shown on the Assessment Rolls attached hereto as Exhibit G-1, Exhibit
H-1, and Exhibit 1-1, respectively. The Lots shown on the Assessment Rolls will receive the bills
for the 2022 Annual Installments which will be delinquent if not paid by January 31, 2023.
The Improvement Area #1 Assessment Roll is attached as Exhibit G-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the
Improvement Area #1 Assessment Roll and Improvement Area #1 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
The Major Improvement Area Assessment Roll is attached as Exhibit H-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the Major
Improvement Area Assessment Roll and Major Improvement Area Annual Installments for each
Parcel as part of each Annual Service Plan Update.
The Improvement Area #2 Assessment Roll is attached as Exhibit 1-1. The Administrator shall
prepare and submit to the City Council for review and approval proposed revisions to the
Improvement Area #2 Assessment Roll and Improvement Area #2 Annual Installments for each
Parcel as part of each Annual Service Plan Update.
SECTION 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
2022 Amended and Restated Service and Assessment Plan, including, but not limited to, any
calculation made as part of any Annual Service Plan Update, the owner's sole and exclusive
remedy shall be to submit a written notice of error to the Administrator by December 1st of each
year following City Council's approval of the calculation. Otherwise, the owner shall be deemed
to have unconditionally approved and accepted the calculation. The Administrator shall provide
a written response to the City Council and the owner not later than 30 days after receipt of such
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 30
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
a written notice or error by the Administrator. The City Council shall consider the owner's notice
of error and the Administrator's response at a public meeting, and, not later than 30 days after
closing such meeting, the City Council shall make a final determination as to whether an error
has been made. If the City Council determines that an error has been made, the City Council shall
take such corrective action as is authorized by the PID Act, this 2022 Amended and Restated
Service and Assessment Plan, the applicable Assessment Ordinance, the applicable Indenture, or
as otherwise authorized by the discretionary power of the City Council. The determination by
the City Council as to whether an error has been made, and any corrective action taken by the
City Council, shall be final and binding on the owner and the Administrator.
B. Amendments
Amendments to this 2022 Amended and Restated Service and Assessment Plan must be made
by the City Council in accordance with the PID Act. To the extent permitted by the PID Act, this
2022 Amended and Restated Service and Assessment Plan may be amended without notice to
owners of the Assessed Property: (1) to correct mistakes and clerical errors; (2) to clarify
ambiguities; and (3) to provide procedures to collect Assessments, Annual Installments, and
other charges imposed by this 2022 Amended and Restated Service and Assessment Plan.
C. Administration and Interpretation
The Administrator shall: (1) perform the obligations of the Administrator as set forth in this 2022
Amended and Restated Service and Assessment Plan; (2) administer the District for and on behalf
of and at the direction of the City Council; and (3) interpret the provisions of this 2022 Amended
and Restated Service and Assessment Plan. Interpretations of this 2022 Amended and Restated
Service and Assessment Plan by the Administrator shall be in writing and shall be appealable to
the City Council by owners of Assessed Property adversely affected by the interpretation.
Appeals shall be decided by the City Council after holding a public meeting at which all interested
parties have an opportunity to be heard. Decisions by the City Council shall be final and binding
on the owners of Assessed Property and developers and their successors and assigns.
D. Form of Buyer Disclosure; Filing in Real Property Records
Within seven days of approval by the City Council, the City Secretary shall file and record in the
real property records of the County the executed Assessment Ordinance approving this 2022
Amended and Restated Service and Assessment Plan. In addition, the City Secretary shall similarly
file each Annual Service Plan Update approved by the City Council, with each such filing to occur
within seven days of the date each respective Annual Service Plan Update is approved.
E. Severability
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 31
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
If any provision of this 2022 Amended and Restated Service and Assessment Plan is determined
by a governmental agency or court to be unenforceable, the unenforceable provision shall be
deleted and, to the maximum extent possible, shall be rewritten to be enforceable. Every effort
shall be made to enforce the remaining provisions.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 32
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBITS
The following Exhibits are attached to and made a part of this 2022 Amended and Restated
Service and Assessment Plan for all purposes:
Exhibit A-1 Map of the District
Exhibit A-2
Map of Improvement Area #1
Exhibit A-3
Map of Major Improvement Area
Exhibit A-4
Map of Improvement Area #2
Exhibit B
Project Costs
Exhibit C
Service Plan
Exhibit D
Sources and Uses of Funds
Exhibit E Maximum Assessment and Tax Rate Equivalent
Exhibit F TIRZ No. 2 Maximum Annual Credit Amount
Exhibit G-1
Improvement Area #1 Assessment Roll
Exhibit G-2
Improvement Area #1 Annual Installments
Exhibit H-1
Major Improvement Area Assessment Roll
Exhibit H-2
Major Improvement Area Annual Installments
Exhibit 1-1
Improvement Area #2 Assessment Roll
Exhibit 1-2
Improvement Area #2 Annual Installments
Exhibit J-1
Maps of Improvement Area #1 Improvements
Exhibit J-2
Maps of Major Improvements
Exhibit J-3
Maps of Improvement Area #2 Improvements
Exhibit K
Form of Notice of PID Assessment Termination
Exhibit L-1 Debt Service Schedule for Improvement Area #1 Bonds
Exhibit L-2 Debt Service Schedule for Major Improvement Area Bonds
Exhibit L-3 Debt Service Schedule for Improvement Area #2 Bonds
Exhibit M-1 District Boundary Description
Exhibit M-2
Improvement Area #1 Boundary Description
Exhibit M-3
Major Improvement Area Boundary Description
Exhibit M-4
Improvement Area #2 Boundary Description
APPENDICES
The following Appendices are attached to and made a part of this 2022 Amended and Restated
Service and Assessment Plan for all purposes:
Appendix A Improvement Area #2 Engineer's Report
Appendix B Buyer Disclosure
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 33
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT A-1— MAP OF DISTRCCT
465.63' 55T N89'IVIVE S00-f0'67W
794.W 232.18,
N89'16-32•E, 742.56' 590-00100•E, 1756.9T .�.s
NB9'S6'12'E; 11B4.3B
S01'06'39'E
R-700.W 6S.96,
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CD=204.65 'D
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rli 164 016°V41- y�
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N23.08'27'W -116.43'
JUAT D09'3148'NBB'26'26W CBoS3.39'151W365.16,CO-11fi.30R=700.03'
-101.69'D-S'19'23-
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597
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EXHIBIT A- DEPICTION OF PROPERTY
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HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 34
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT A-2 -MAP OF IMPROVEMENT AREA#1
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HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 35
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
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EXHIBIT A-3 -MAP OF MAJOR IMPROVEMENT AREA 4
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HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 36
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT A-4 — MAP OF IMPROVEMENT AREA #2
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HURRICANE CREEK PUBLIC. IMPROVEMENT DISTRICT
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 37
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT B - PROJECT COSTS
Improvement Area #1 Improvements
Street
$ 2,701,765
$ -
S -
$
2,701,765
100.00% $
2,701,765
0.00%
$ -
0.00%
$ -
Water
838,296
-
-
838,296
100.00%
838,296
0.00%
-
0.00%
Sanitary Sewer
714,688
-
-
714,688
100.00%
714,688
0.00%
-
0.00%
-
Developer District Formation Expenses
647,921
-
-
647,921
100.00%
647,921
0.00%
-
0.00%
-
Geotechniczltesting, SWPPP, Flood Study
463,943
463,943
100.00%
463,943
0.00%
0.00%
S 5,366,613
$ -
5 -
$
5,366,613
$
5,366,613
$ -
$
Major Improvements
Street
$ 1,400,925
$ -
-
$
1,400,925
31.51% $
441,430
68.49%
$ 959,495
0.00%
-
Water
390,448
58,856
-
321,592
31.51%
101,333
68,49%
220,259
0.00%
Sanitary Sewer
1,217,218
169,891
-
1,047,327
31.51%
330,012
68.49%
717,315
0.00%
-
Storm Drainage
597,350
-
-
597,350
31.51%
188,224
68.49%
409,126
0.00%
-
Street Lights/Hike & Bike Trail
148,984
149,984
31.51%
46,945
68.49%
102,029
0.00%
$ 3,744,925
$ 228,747
$ -
$
3,516,178
$
1,107,944
$ 2,408,234
$ -
Improvement Area #2 Improvements I'I
Street
$ 2,567,570
$ -
$ -
$
2,567,570
0.00% $
-
0.00%
$ -
100.00%
$ 2,567,570
Water
1,101,249
-
-
1,101,249
0.00%
-
0.00%
-
100.00%
1,101,249
Sanitary Sewer
1,223,558
-
-
1,223,558
0.00%
-
0.00%
-
100.00%
1,223,558
Storm Drainage
776,994
-
-
776,994
0.00%
-
0.00%
-
100.00%
776,994
Soft Costs
2,671,437
2,671,437
0.00%
0.00%
100.00%
2,671,437
$ 8,340,808
$ -
$ -
$
8,340,808
$
-
$ -
$ 8,340,808
Private Improvements
Private Improvements
$ 606,990
S
$ 606,990
$
$
$
$
$ 606,990
$ -
$ 606,990
$
-
$
-
$ -
$ -
Bond Issuance Costs
Debt Service Reserve Fund
$ 1,637,650
$ -
$ -
$
1,637,650
$
585,750
$ 291,300
$ 760,600
Capitalized Interest
1,779,150
-
-
1,779,150
670,445
490,705
618,000
Underwriter Discount
636,300
-
-
669,715
221,250
106,050
309,000
Cost of Issuance
1,244,872
1,244,872
397,411
203,711
643,750
$ 5,297,971
$ -
5 -
$
5,331,387
$
1,874,855
$ 1,091,766
$ 2,331,350
Other Costs
Deposit to Administrative Fund
$ 110,000
$
$
$
$
35,000
$ 35,0D0
$ 40,000
$ 110,000
$ -
$ -
$
-
$
35,000
$ 35,000
$ 40,000
Total
Si 23,467,308
S 228,747
$ 606,990
S
22,554,986
$
8,394,413
$ 3,535,000
$ 10,712,158
Footnotes:
(al Costs were determined by the Engineer's Report attached hereto
as Appendix A.
HURRICANE
CREEK PUBLIC IMPROVEMENT DISTRICT
38
PRELIMINARY 2022 AMENDED
AND RESTATED
SERVICE AND ASSESSMENT
PLAN
EXHIBIT C - SERVICE PLAN
Principal
5 115,000.00
$ 125,000.00
$ 130,000.00
5 135,000.00
5 145,000.00
Interest
458,125.00
451,512.50
444,325.00
436,850.00
429,087.50
TIRZ No. 2 Annual Credit Amountl°I
(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
5 60,000.00
$ 65,000.00
$ 70,000.00
5 70,000.00
Interest
231,300.00
227,700.00
224,100.00
220,200.00
216,000.00
(1)
$ 291,300.00
$ 287,700.00
$ 289,100.00
$ 290,200.00
$ 286,000.00
Annual Collection Costs
(2)
$ 22,027.63
$ 22,468.18
$ 22,917.55
$ 23,375.90
$ 23,843.42
Additional Interest
(3)
$ 17,400.00
$ 17,100.00
$ 16,800.00
$ 16,475.00
$ 16,125.00
Total Annual Installment
(4)=(1)+(2)+(3)
$ 330,727.63
$ 327,268.18
$ 329,817.55
$ 330,050.90
$ 325,968.42
Annual Installment r
Improvement
Area H2
r .
1/31/2027
Principal
$ -
$ 140,000.00
$ 150,000.00
$ 160,000.00
$ 165,000.00
Interest
618,000.00
618,000.00
609,600.00
600,600.00
591,000.00
Capitalized Interest
(618,000.00)
-
(1)
$ -
$ 758,000.00
$ 759,600.00
$ 760,600.00
$ 756,000.00
Annual Collection Costs
(2)
$ 40,000.00
$ 40,800.00
$ 41,616.00
$ 42,448.32
$ 43,297.29
Additional Interest
(3)
$ 51,500.00
$ 51,500.00
$ 50,800.00
$ 50,050.00
$ 49,250.00
Total Annual Installment
(4)=(1)+(2)+(3)
$ 92,500.00
$ 850,300.00
$ 852,016.00
$ 853,098.32
$ 848,547.29
Footnotes:
[a] The TIRZ No. 2 Revenue generated
by the Improvement
Area #1 Assessed
Property for the
previous Tax Year shall be applied pro rata based
on the outstanding Assessment of each
Lot to reduce the principal
required for
the Improvement
Area #1 Annual Installment.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 39
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT D - SOURCES AND USES OF FUNDS
Major Improvement Area Bonds
-
-
-
3,535,000
-
3,535,000
Improvement Area #2 Bonds
-
-
-
-
10,300,000
10,300,000
Developer Contribution[-]
-
-
1,009,413
-
412,158
1,421,571
Developer Contribution- Private Improvements[')
228,747
606,990
-
-
-
835,737
Total Sources
$
228,747
$
606,990
$
8,384,413
$
3,535,000
$
10,712,158
$
23,467,308
Improvement Area#1 Improvements
5
-
Uses
$
of Funds
-
$
5,366,613
$
-
5
-
$
5,366,613
Improvement Area#2 Improvements
-
-
-
-
8,340,808
8,340,808
Major Improvements
228,747
-
1,107,944
2,408,234
-
3,744,925
Private Improvements
-
606,990
-
-
-
606,990
$
228,747
$
606,990
$
6,474,557
$
2,408,234
$
8,340,808
$
18,059,336
Bond Issuance Costs [b]
Debt Service Reserve Fund
$
-
$
-
$
585,750
$
291,300
$
760,600
$
1,637,650
Capitalized Interest
-
-
670,445
490,705
618,000
1,779,150
Underwriter Discount
-
-
221,250
106,050
309,000
636,300
Cost of Issuance
-
-
397,411
203,711
643,750
1,244,872
$
-
$
-
$
1,874,855
$
1,091,766
$
2,331,350
$
5,297,971
Other Costs
Deposit to Administrative Fund
$
-
-
$
35,000
$
35,000
$
40,000
$
110,000
$
-
$
-
$
35,000
$
35,000
$
40,000
$
110,000
Total Uses
$
228,747
$
606,990
$
8,384,413
$
3,535,000
$
10,712,158
$
23,467,308
Footnotes:
[a] Non -reimbursable to Developer through P I D Bonds or Assessments.
[b] Improvement Area #2 Bond Issuance costs subject to change upon issuance of Improvement Area #2 Bonds.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 40
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT E - MAXIMUM ASSESSMENT AND TAX RATE EQUIVALENT
im:lt�ld
Per Unit
Buildotit VMue
Total
Improvement Area #1
Assessment
Per Unit Total
Major Improvement
Area Assessment
Per Unit
Total
Improvement
pasessment
Per Unit
Area #2
Total
Total
Assessment
Per Unit
M..Im.m
Total
Avam,a
Installment
Per Unit
Annual
TotalTRE
Gr... PID
ImprovementArea#1
Lot Type 1
143
$ 307,000
$ 43,901,000
$ 30,991 $ 4,431,694
$ -
$ -
$ -
$ -
$ 30,991
$ 4,431,694
$ 2,925 $
418,241
$ 0.953
Lot Type 2
77
$ 351,000
$ 27,027,000
$ 35,433 $ 2,728,306
$ -
$
$
$
$ 35,433
$ 2,728,306
$ 3,344 $
257,4M
$ 0.953
Subtotal
220
$ 70,928,000
$ 7,160,000
$ -
$ 7,160,000
$
675,724
Improvement Area p2
Lot Type
4M
$ 375,000
$ 16,500,000
$ - $ -
$4,297
$ 189,077
$25,053
$ 1,102,319
$29,350
S 1,291,396
$2,472 $
108,760
$ 0.09
Lot Type
223
$ 425,000
$ 94,775,000
$ - $ -
$ 4,870
$ 1,086,046
$ 28,393
$ 6,331,652
$ 33,263
$ 7,417,699
$ 2,801 $
624,710
$ 0.659
Lot Types
32
$ 550,000.
S 17,600,000
$ - $ -
$ 6,303
$ 201,682
$ 36,744
$ 1,175,907
$ 43,047
S 1,377,489
$ 3,625 $
116,011
$ 0.659
Lot Type
27
$ 600,000
$ 16,200,000
$ - S -
$ 6,876
$ 185,639
$ 40,084
$ 1,082,277
S 46,960
S 1,267,916
S 3,955 $
106,782
$ 0.659
Lot Type?
14
5 650,000
$ 9,100,000
$ S
$ 7,448
$ 104,279
$ 43,425
$ 607,946
$ 50,873
$ 717,224
$ 4,284 $
59,983
$ 0.659
Subtotal
340
$ 154,175,000
$ $
$ 1,766,723
$ 10,300,000
$ 12,066,723
$
1,016,245
MojoNmpravementAreoL(ess Improvement Area pZ)
338
$144,2]5,000
$ 1,653,277
Total
898
$ 369,378,00D
$ 7,160,000
1
$ 3,420,0001
$ 10,300,000
1
$ 19,226,723
1$
1,691,9]0
Footnotes:
(a) Per Information provided by the Developer.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 41
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT F - TIRZ NO. 2 MAXIMUM ANNUAL CREDIT AMOUNT
Footnotes:
[a] Represents 2022 overlapping Tax Rates.
[b] The TIRZ No. 2 Maximum Credit Amount is applied only to a portion of principal and interest on Improvement Area #1 Bonds.
There are five units to be located within TIRZ No. 2 and Improvement Area #2, but will receive no TIRZ No. 2 Maximum Credit
Amount since there is no Improvement Area #1 Assessment on those Lots.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 42
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT G-1- IMPROVEMENT AREA #1 ASSESSMENT ROLL
2821896
1
$
30,990.86
$
2,751.25
2821897
1
$
30,990.86
$
2,757.59
2821898
1
$
30,990.86
$
2,757.59
2821899
1
$
30,990.86
$
2,751.25
2821900
1
$
30,990.86
$
2,751.25
2821901
1
$
30,990.86
$
2,757.59
2821902
1
$
30,990.86
$
2,763.91
2821903
1
$
30,990.86
$
2,763.91
2821904
1
$
30,990.86
$
2,763.91
2821905
1
$
30,990.86
$
2,757.59
2821906
1
$
30,990.86
$
2,757.59
2821907
1
$
30,990.86
$
2,763.91
2821908
1
$
30,990.86
$
2,763.91
2821909
1
$
30,990.86
$
2,763.91
2821910
1
$
30,990.86
$
2,763.91
2821911
1
$
30,990.86
$
2,757.59
2821912
1
$
30,990.86
$
2,757.59
2821913
1
$
30,990.86
$
2,757.59
2821914
1
$
30,990.86
$
2,751.25
2821915
1
$
30,990.86
$
2,751.25
2821916
1
$
30,990.86
$
2,751.25
2821918
1
$
30,990.86
$
2,763.91
2821919
1
$
30,990.86
$
2,763.91
2821920
1
$
30,990.86
$
2,751.25
2821921
1
$
30,990.86
$
2,763.91
2821922
1
$
30,990.86
$
2,751.25
2821923
1
$
30,990.86
$
2,744.93
2821924
1
$
30,990.86
$
2,738.60
2821925
1
$
30,990.86
$
2,751.25
2821926
1
$
30,990.86
$
2,763.91
2821927
1
$
30,990.86
$
2,751.25
2821928
1
$
30,990.86
$
2,763.91
2821929
1
$
30,990.86
$
2,757.59
2821930
1
$
30,990.86
$
2,757.59
2821931
1
$
30,990.86
$
2,757.59
2821932
1
$
30,990.86
$
2,763.91
2821933
1
$
30,990.86
$
2,763.91
2821934
1
$
30,990.86
$
2,763.91
2821935
1
$
30,990.86
$
2,763.91
2821936
1
$
30,990.86
$
2,757.59
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 43
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2821937
1
$
30,990.86
$
2,757.59
2821938
1
$
30,990.86
$
2,763.91
2821939
1
$
30,990.86
$
2,763.91
2821940
1
$
30,990.86
$
2,763.91
2821941
1
$
30,990.86
$
2,763.91
2821942
1
$
30,990.86
$
2,763.91
2821943
1
$
30,990.86
$
2,763.91
2821944
1
$
30,990.86
$
2,763.91
2821945
1
$
30,990.86
$
2,763.91
2821946
1
$
30,990.86
$
2,763.91
2821947
1
$
30,990.86
$
2,763.91
2821948
1
$
30,990.86
$
2,763.91
2821949
1
$
30,990.86
$
2,763.91
2821950
1
$
30,990.86
$
2,763.91
2821951
1
$
30,990.86
$
2,763.91
2821952
1
$
30,990.86
$
2,763.91
2821953
1
$
30,990.86
$
2,763.91
2821954
1
$
30,990.86
$
2,763.91
2821955
1
$
30,990.86
$
2,763.91
2821956
1
$
30,990.86
$
2,763.91
2821957
1
$
30,990.86
$
2,763.91
2821958
1
$
30,990.86
$
2,763.91
2821959
1
$
30,990.86
$
2,757.59
2821960
1
$
30,990.86
$
2,751.25
2821961
1
$
30,990.86
$
2,757.59
2821962
1
$
30,990.86
$
2,757.59
2821963
1
$
30,990.86
$
2,757.59
2821964
1
$
30,990.86
$
2,791.46
2821965
1
$
30,990.86
$
2,757.59
2821966
1
$
30,990.86
$
2,757.59
2821967
1
$
30,990.86
$
2,757.59
2821968
1
$
30,990.86
$
2,763.91
2821969
1
$
30,990.86
$
2,763.91
2821970
1
$
30,990.86
$
2,763.91
2821971
1
$
30,990.86
$
2,763.91
2821972
1
$
30,990.86
$
2,763.91
2821973
1
$
30,990.86
$
2,757.59
2821974
1
$
30,990.86
$
2,757.59
2821975
1
$
30,990.86
$
2,757.59
2821976
1
$
30,990.86
$
2,757.59
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 44
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2821977
1
$
30,990.86
$
2,757.59
2821978
1
$
30,990.86
$
2,757.59
2821979
1
$
30,990.86
$
2,757.59
2821980
1
$
30,990.86
$
2,757.59
2821981
1
$
30,990.86
$
2,757.59
2821982
1
$
30,990.86
$
2,763.91
2821984
1
$
30,990.86
$
2,763.91
2821985
1
$
30,990.86
$
2,763.91
2821986
1
$
30,990.86
$
2,763.91
2821987
1
$
30,990.86
$
2,763.91
2821988
1
$
30,990.86
$
2,763.91
2821989
1
$
30,990.86
$
2,763.91
2821990
1
$
30,990.86
$
2,763.91
2821991
1
$
30,990.86
$
2,757.59
2821992
1
$
30,990.86
$
2,757.59
2821993
1
$
30,990.86
$
2,763.91
2821994
1
$
30,990.86
$
2,763.91
2821995
1
$
30,990.86
$
2,763.91
2821996
1
$
30,990.86
$
2,763.91
2821997
1
$
30,990.86
$
2,763.91
2821998
1
$
27,324.41
$
2,421.94
2821999
1
$
30,990.86
$
2,763.91
2822000
1
$
30,990.86
$
2,763.91
2822001
1
$
30,990.86
$
2,763.91
2822002
1
$
30,990.86
$
2,757.59
2822003
1
$
30,990.86
$
2,763.91
2822004
1
$
30,990.86
$
2,763.91
2822005
1
$
30,990.86
$
2,763.91
2822006
1
$
30,990.86
$
2,763.91
2822007
1
$
30,990.86
$
2,763.91
2822008
1
$
30,990.86
$
2,763.91
2822009
1
$
30,990.86
$
2,757.59
2822010
1
$
30,990.86
$
2,757.59
2822011
1
$
30,990.86
$
2,763.91
2822012
1
$
30,990.86
$
2,763.91
2822013
1
$
30,990.86
$
2,763.91
2822014
1
$
30,990.86
$
2,763.91
2822015
1
$
30,990.86
$
2,763.91
2822016
1
$
30,990.86
$
2,763.91
2822017
1
$
-
$
-
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 45
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2822018
1
$
30,990.86
$
2,757.59
2822019
1
$
30,990.86
$
2,757.59
2822020
1
$
30,990.86
$
2,757.59
2822021
1
$
30,990.86
$
2,757.59
2822022
1
$
30,990.86
$
2,757.59
2822023
1
$
30,990.86
$
2,757.59
2822024
1
$
30,990.86
$
2,757.59
2822025
1
$
30,990.86
$
2,757.59
2822026
1
$
30,990.86
$
2,757.59
2822027
1
$
30,990.86
$
2,757.59
2822028
1
$
30,990.86
$
2,757.59
2822029
1
$
30,990.86
$
2,757.59
2822031
1
$
30,990.86
$
2,757.59
2822032
1
$
30,990.86
$
2,757.59
2822033
1
$
30,990.86
$
2,757.59
2822034
1
$
30,990.86
$
2,757.59
2822035
1
$
30,990.86
$
2,757.59
2822036
1
$
30,990.86
$
2,757.59
2822037
1
$
30,990.86
$
2,757.59
2822038
1
$
30,990.86
$
2,757.59
2822039
2
$
35,432.55
$
3,165.52
2822040
2
$
35,432.55
$
3,171.86
2822041
2
$
35,432.55
$
3,171.86
2822042
2
$
35,432.55
$
3,171.86
2822043
2
$
35,432.55
$
3,171.86
2822044
2
$
35,432.55
$
3,171.86
2822045
2
$
35,432.55
$
3,171.86
2822046
2
$
35,432.55
$
3,159.20
2822047
2
$
35,432.55
$
3,171.86
2822048
2
$
35,432.55
$
3,171.86
2822049
2
$
35,432.55
$
3,171.86
2822050
2
$
35,432.55
$
3,171.86
2822051
2
$
35,432.55
$
3,304.78
2822052
2
$
35,432.55
$
3,171.86
2822053
2
$
35,432.55
$
3,171.86
2822054
2
$
35,432.55
$
3,171.86
2822055
2
$
35,432.55
$
3,171.86
2822056
2
$
35,432.55
$
3,165.52
2822057
Non -Benefited Property
$
-
$
-
2822059
2
$
35,432.55
$
3,159.20
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 46
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2822060
2
$
35,432.55
$
3,171.86
2822061
2
$
35,432.55
$
3,171.86
2822062
2
$
35,432.55
$
3,171.86
2822063
2
$
35,432.55
$
3,171.86
2822064
2
$
35,432.55
$
3,165.52
2822065
1
$
30,990.86
$
2,757.59
2822066
1
$
30,990.86
$
2,763.91
2822067
1
$
30,990.86
$
2,757.59
2822078
2
$
35,432.55
$
3,171.86
2822079
2
$
35,432.55
$
3,171.86
2822080
2
$
35,432.55
$
3,171.86
2822081
2
$
35,432.55
$
3,159.20
2822082
2
$
35,432.55
$
3,159.20
2822083
2
$
35,432.55
$
3,152.87
2822084
2
$
35,432.55
$
3,165.52
2822085
2
$
35,432.55
$
3,171.86
2822086
2
$
35,432.55
$
3,159.20
2822087
2
$
35,432.55
$
3,159.20
2822088
2
$
35,432.55
$
3,159.20
2822090
2
$
35,432.55
$
3,165.52
2822091
2
$
35,432.55
$
3,171.86
2822092
2
$
35,432.55
$
3,165.52
2822093
2
$
35,432.55
$
3,171.86
2822094
2
$
35,432.55
$
3,171.86
2822095
2
$
35,432.55
$
3,171.86
2822097
2
$
35,432.55
$
3,171.86
2822098
2
$
35,432.55
$
3,171.86
2822099
2
$
35,432.55
$
3,171.86
2822100
2
$
35,432.55
$
3,171.86
2822101
2
$
35,432.55
$
3,171.86
2822102
2
$
35,432.55
$
3,154.58
2822103
2
$
35,432.55
$
3,154.58
2822104
2
$
35,432.55
$
3,165.52
2822105
2
$
35,432.55
$
3,165.52
2822106
2
$
35,432.55
$
3,171.86
2822107
2
$
35,432.55
$
3,171.86
2822108
2
$
35,432.55
$
3,171.86
2822109
2
$
35,432.55
$
3,171.86
2822110
2
$
35,432.55
$
3,171.86
2822111
2
$
35,432.55
$
3,171.86
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 47
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
2822112
2
$
35,432.55
$
3,171.86
2822113
2
$
35,432.55
$
3,171.86
2822114
2
$
35,432.55
$
3,171.86
2822115
2
$
-
$
-
2822116
2
$
35,432.55
$
3,171.86
2822117
2
$
35,432.55
$
3,171.86
2822118
2
$
35,432.55
$
3,171.86
2822119
2
$
35,432.55
$
3,171.86
2822120
2
$
35,432.55
$
3,171.86
2822121
2
$
35,432.55
$
3,159.20
2822123
2
$
35,432.55
$
3,165.52
2822124
2
$
35,432.55
$
3,171.86
2822125
2
$
35,432.55
$
3,171.86
2822126
2
$
35,432.55
$
3,171.86
2822127
2
$
35,432.55
$
3,171.86
2822128
2
$
35,432.55
$
3,171.86
2822129
2
$
35,432.55
$
3,171.86
2822130
2
$
35,432.55
$
3,171.86
2822131
2
$
35,432.55
$
3,171.86
2822132
2
$
35,432.55
$
3,171.86
2822133
2
$
35,432.55
$
3,171.86
2822134
Non -Benefited
Property
$
-
$
-
2822136
Non -Benefited
Property
$
$
2822137
Non -Benefited
Property
$
$
2822138
Non -Benefited
Property
$
$
2822139
Non -Benefited
Property
$
$
2822140
Non -Benefited
Property
$
$
2822141
Non -Benefited
Property
$
$
2822142
Non -Benefited
Property
$
$
2822143
Non -Benefited
Property
$
$
-
Total
$
7,089,909.47
$
632,605.72
Footnotes:
[a] Totals may not match the outstanding Assessment or Annual Installment due to rounding.
[b] The Annual Installment covers the period September 1, 2022 to August 31, 2023 and is due
by January 31, 2023.
[c] Cumulative of TIRZ No. 2 Annual Credit Amount.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 48
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT G-2 - IMPROVEMENT AREA #1 ANNUAL INSTALLMENTS
2023
$
115,000.00
$
458,125.00
$
58,309.04
$
35,800.00
5
667,234.04
2024
$
125,000.00
$
451,512.50
$
59,475.22
$
35,225.00
$
671,212.72
2025
$
130,000.00
$
444,325.00
$
60,664.73
$
34,600.00
$
669,589.73
2026
$
135,000.00
$
436,850.00
$
61,878.02
$
33,950.00
$
667,678.02
2027
$
145,000.00
$
429,087.50
$
63,115.58
$
33,275.00
$
670,478.08
2028
$
155,000.00
$
420,750.00
$
64,377.89
$
32,550.00
$
672,677.89
2029
$
165,000.00
$
411,837.50
$
65,665.45
$
31,775.00
$
674,277.95
2030
$
170,000.00
$
402,350.00
$
66,978.76
$
30,950.00
$
670,278.76
2031
$
185,000.00
$
391,300.00
$
68,318.33
$
30,100.00
$
674,718.33
2032
$
195,000.00
$
379,275.00
$
69,684.70
$
29,175.00
$
673,134.70
2033
$
210,000.00
$
366,600.00
$
71,078.39
$
28,200.00
$
675,878.39
2034
$
220,000.00
$
352,950.00
$
72,499.96
$
27,150.00
$
672,599.96
2035
$
235,000.00
$
338,650.00
$
73,949.96
$
26,050.00
$
673,649.96
2036
$
250,000.00
$
323,375.00
$
75,428.96
$
24,875.00
$
673,678.96
2037
$
270,000.00
$
307,125.00
$
76,937.54
$
23,625.00
$
677,687.54
2038
$
285,000.00
$
289,575.00
$
78,476.29
$
22,275.00
$
675,326.29
2039
$
305,000.00
$
271,050.00
$
80,045.82
$
20,850.00
$
676,945.82
2040
$
325,000.00
$
251,225.00
$
81,646.73
$
19,325.00
$
677,196.73
2041
$
350,000.00
$
230,100.00
$
83,279.67
$
17,700.00
$
681,079.67
2042
$
370,000.00
$
207,350.00
$
84,945.26
$
15,950.00
$
678,245.26
2043
$
395,000.00
$
183,300.00
$
86,644.17
$
14,100.00
$
679,044.17
2044
$
425,000.00
$
157,625.00
$
88,377.05
$
12,125.00
$
683,127.05
2045
$
450,000.00
$
130,000.00
$
90,144.59
$
10,000.00
$
680,144.59
2046
$
485,000.00
$
100,750.00
$
91,947.48
$
7,750.00
$
685,447.48
2047
$
515,000.00
$
69,225.00
$
93,786.43
$
5,325.00
$
683,336.43
2048
$
550.000.00
S
35.750.00
S
95,662.16
S
2.750.00
9
684,162.16
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in
Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or
decrease the amounts shown.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 49
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT H-1- 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
Footnotes:
[a] Totals may not match the outstanding Assessment or Annual Installment due to rounding.
[b] For billing purposes, the outstanding Assessment and Annual Installments due 1/31/2023 are allocated
pro rata to the Property IDs based on acreage.
[c] The Annual Installment covers the period September 1, 2022 to August 31, 2023 and is due by January 31,
2023.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT so
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT H-2 - MAJOR IMPROVEMENT AREA ANNUAL INSTALLMENTS
2023
$
60,000.00
5 231,300.00
$
22,027.63
5
17,400.00
5
- $
330,727.63
2024
$
60,000.00
$ 227,700.00
$
22,468.18
$
17,100.00
$
- $
327,268.18
2025
$
65,000.00
$ 224,100.00
$
22,917.55
$
16,800.00
$
- $
328,817.55
2026
$
70,000.00
$ 220,200.00
$
23,375.90
$
16,475.00
$
- $
330,050.90
2027
$
70,000.00
$ 216,000.00
$
23,843.42
$
16,125.00
$
- $
325,968.42
2028
$
75,000.00
$ 211,800.00
$
24,320.28
$
15,775.00
$
- $
326,895.28
2029
$
80,000.00
$ 207,300.00
$
24,806.69
$
15,400.00
$
- $
327,506.69
2030
$
85,000.00
$ 202,500.00
$
25,302.82
$
15,000.00
$
- $
327,802.82
2031
$
90,000.00
$ 196,762.50
$
25,808.88
$
14,575.00
$
- $
327,146.38
2032
$
95,000.00
$ 190,687.50
$
26,325.06
$
14,125.00
$
- $
326,137.56
2033
$
100,000.00
$ 184,275.00
$
26,851.56
$
13,650.00
$
- $
324,776.56
2034
$
105,000.00
$ 177,525.00
$
27,388.59
$
13,150.00
$
- $
323,063.59
2035
$
115,000.00
$ 170,437.50
$
27,936.36
$
12,625.00
$
- $
325,998.86
2036
$
120,000.00
$ 162,675.00
$
28,495.09
$
12,050.00
$
- $
323,220.09
2037
$
130,000.00
$ 1S4,57S.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
2048
$
265,000.00
$ 17,887.50
$
36,138.66
$
1,325.00
$
(291,300.00) $
29,051.16
Total
$
3,480,000.00
$ 3,946,462.50
$
741,690.25
$
293,450.00
$
(291,300.00) $
8,170,302.75
Footnotes:
[a] The figures shown
above are estimates
only and subject to
change in Annual
Service Plan
Updates. Changes in
Annual Collection
Costs, reserve fund
requirements,
interest earnings, or other available offsets
could increase or decrease the amounts
shown.
[b] Interest is calculated at a 6.71%rate.
HURRICANE CREEK
PUBLIC IMPROVEMENT DISTRICT
51
PRELIMINARY
2022
AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
C_ EXHIBIT 1-1— IMPROVEMENT AREA #2 ASSESSMENT ROLL
2719039 Improvement Area #2 Initial Parcel
$ 6,223,226.38
$
55,284.00
1001356 Improvement Area #2 Initial Parcel
$ 1,639,478.72
$
14,564.30
2518072 Improvement Area #2 Initial Parcel
$ 2,437,294.90
$
21,651.70
Total
$ 10,300,000.00
$
91,500.00
Footnotes:
[a] For billing purposes only, until a plat has been recorded with the Improvement Area #2 Initial
Parcel, the Annual Installment will be billed to each Tax Parcel within the Improvement Area #2 Initial
Parcel based on the acreage of the Tax Parcel as calculated by the Collin County Appraisal District.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 52
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
i EXHIBIT 1-2 - IMPROVEMENT AREA #2 ANNUAL INSTALLMENTS
2024
$ 140,000.00
$ 618,000.00
$ - $
51,500.00
$ 40,800.00
$ - $
850,300.00
2025
$ 150,000.00
$ 609,600.00
$ - $
50,800.00
$ 41,616.00
$ - $
852,016.00
2026
$ 160,000.00
$ 600,600.00
$ - $
50,050.00
$ 42,448.32
$ - $
853,098.32
2027
$ 165,000.00
$ 591,000.00
$ - $
49,250.00
$ 43,297.29
$ - $
848,547.29
2028
$ 175,000.00
$ 581,100.00
$ - $
48,425.00
$ 44,163.23
$ - $
848,688.23
2029
$ 185,000.00
$ 570,600.00
$ - $
47,550.00
$ 45,046.50
$ - $
848,196.50
2030
$ 200,000.00
$ 559,500.00
$ - $
46,625.00
$ 45,947.43
$ - $
852,072.43
2031
$ 210,000.00
$ 547,500.00
$ - $
45,625.00
$ 46,866.38
$ - $
849,991.38
2032
$ 225,000.00
$ 534,900.00
$ - $
44,575.00
$ 47,803.70
$ - $
852,278.70
2033
$ 235,000.00
$ 521,400.00
$ - $
43,450.00
$ 48,759.78
$ - $
848,609.78
2034
$ 250,000.00
$ 507,300.00
$ - $
42,275.00
$ 49,734.97
$ - $
849,309.97
2035
$ 265,000.00
$ 492,300.00
$ - $
41,025.00
$ 50,729.67
$ - $
849,054.67
2036
$ 280,000.00
$ 476,400.00
$ - $
39,700.00
$ 51,744.27
$ - $
847,844.27
2037
$ 300,000.00
$ 459,600.00
$ - $
38,300.00
$ 52,779.15
$ - $
850,679.15
2039
$ 315,000.00
$ 441,600.00
$ - $
36,800.00
$ 53,834.73
$ - $
847,234.73
2039
$ 335,000.00
$ 422,700.00
$ - $
35,225.00
$ 54,911.43
$ - $
847,836.43
2040
$ 355,000.00
$ 402,600.00
$ - $
33,550.00
$ 56,009.66
$ - $
847,159.66
2041
$ 375,000.00
$ 381,300.00
$ - $
31,775.00
$ 57,129.85
$ - $
845,204.85
2042
$ 400,000.00
$ 358,800.00
$ - $
29,900.00
$ 58,272.45
$ - $
846,972.45
2043
$ 425,000.00
$ 334,800.00
$ - $
27,900.00
$ 59,437.90
$ - $
847,137.90
2044
$ 450,000.00
$ 309,300.00
$ - $
25,775.00
$ 60,626.65
$ - $
845,701.65
2045
$ 475,000.00
$ 282,300.00
$ - $
23,525.00
$ 61,839.19
$ - $
842,664.19
2046
$ 505,000.00
$ 253,800.00
$ - $
21,150.00
$ 63,075.97
$ - $
843,025.97
2047
$ 535,000.00
$ 223,500.00
$ - $
18,625.00
$ 64,337.49
$ - $
841,462.49
2048
$ 565,000.00
$ 191,400.00
$ - $
15,950.00
$ 65,624.24
$ - $
837,974.24
2049
$ 600,000.00
$ 157,500.00
$ - $
13,125.00
$ 66,936.72
$ - $
837,561.72
2050
$ 635,000.00
$ 121,500.00
$ - $
10,125.00
$ 68,275.46
$ - $
834,900.46
2051
$ 675,000.00
$ 83,400.00
$ - $
6,950.00
$ 69,640.97
$ - $
834,990.97
2052
5 715.000.00
5 42.900.00
5 - 5
3.575.00
S 71,033.79
5 (760.600.00) $
71.908.79
Footnotes:
[a] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve
fund requirements, interest earnings, or other available offsets could Increase or decrease the amounts shown.
[b] Interest on the Improvement Area #2 Bonds is calculated at 6.00%for illustrative purposes only.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 53
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT J-1- MAPS OF IMPROVEMENT AREA #1 IMPROVEMENTS
I, ,
75
O PAMG.9NGMFM LY PNI NI
OPAYING. WNGLEFAMILYRflMININ-
OPAYINGFY 115111LYE fFMILY ONLY
WATER, STORM DRAIN &
PAVING IMPROVEMENTS
�I011 PELOToNN VILLAGES OF
HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
I
SEWER- SINGLE FAMILY PHI MI
-• SEWER -SINGLE FAMILY REMAINING MI
----- SEWER -PHI SINGLE FAMILY ONLY
SANITARY SEWER
IMPROVEMENTS N
li!'! PELOTON VILLAGES OF
IItwNO SOLYTIY NS G
.-.__............_ HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT SS
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
STORM -SINGLE FAMILY PHI MI
-- STORM -SINGLE FAMILY REMAINING MI
---- STORM- PHI SINGLE FAMILY ONLY
STORM DRAIN
IMPROVEMENTS Q
PELOTON VILLAGES OF
HURRICANE CREEK aw
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 56
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
LEGEND
WATER -SINGLE FAMILY PHI NI
WATER -SINGLE FAMILYREMAR.IG MI
WATER- PHI SMI.E FAMILY WV
WATER
IMPROVEMENTS
111I1 PELOTON VILLAGES OF
....HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
msN MET
41
57
EXHIBIT J-2- MAPS OF MAJOR IMPROVEMENTS
PROPOSED SEVER
PROPOSED WATER
1211 PELQTQN
gyp(' ............,
fA'.�i4P�RR9IANP �IMi1
FXHIE11T B • GVE.RN.I. MAP
VILLAGES OF
HURRICANE CREEK
i.`
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT SB
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
OW RCM'
2-26 B-B
120' ROW ,
2-25'"LANES
LANES
CITY OBLIGATION
THE PHASE I OFFSITE ROA&%'AY FACLITES SHALL INMUDC TI IC FOLLOWING:
I I CONSTFILCTION OF A PORIGN OF CA 365 AS DEPICTED W 1::1I SHALL
M� �qq,, �H45H LL FOOT UDYTIHE RIGHT-OF-WAY U%7�b OFa CONCREETTHE ANES
1ULT14ATE & LANEVIDED BY A RAISED MEDNN.
2, PLMM/T! R SIDEWALKS SIiALL DE CuNSTRvuTED AD4ICENT TO ALL UINIDED
31 STREET REOH�TIN O ROAIIOR"iVA �MPREOVEMFNTSS ShALLEU5C7C7R C PROVIDED
�ERVjD DINES ART
FOR STREET LIGHTS SHALL D_ LOCATED Utdl�RfaRID'UNC.
EXHIBIT D1-ROADWAY IMPROVEMENTS
PHASE 1 ROADWAY �F\�
1111I PELOTON VILLAGES OF -'
�'� ••• "..... HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
59
a
THE COLLEC7rOR'B' ROAD WAY IMPROVEIdENTS SHALL INCLUDE TIME FOLLOVANG!
I} CONSTRUCT [ON CC- 1HE COL.LI_GfOR'B' RQAOWAY AS P.i9C7EP WHICH SKkLL
2) PERIMETER SIDEWALKS SHALL BE CONSTRUCTED ADJACENT TO COLLECTOR'S'.
3) STRFP.T I,IGHTING IAjTHN ALL HAJS£D MFDIANS SHALa. BF PROVpFD AS PART OF
THE REQUIRED ROADWAY IMPROVEMENT& ELECTRIC SERVICE LINES FOR STREET
LIGHTS SHALL BE LOCATED UNDERGROUND.
STREET PAVEMENT ROW LENGTH PHASE
COLLECTOR E 2025 " 80' 2' 55 LF
COLLFCTC 2 H 2 qp 75' B.R an, 205 1 F 7
TOTAL 2440 LF
EXHIBIT D2-COLLECTOR "E" ROADWAY IMPROVEMENTS
l'i'll PELOTON VILLAGES OF
m.wrwV. c
�
, ., HURRICANE CREEK��.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 60
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
THE FINAL LOCATION.ANO ALGNMENT OF THE
OVFR$Il.F.D SANITARY SEWER FACILITIES SHALk
BE S'JBJCCT TO APPROVAL BY THE CRY. THE
DESIGN AND CONSTRUCTION OF THE OVERSIZED
SANITARY SF;ftR FACILITIES SHALL CONFORM TO
THE MOST CLIRRENf CRY REGULATIONS.
_ f 5
FXHIFSIT H-? - OVERSIZED AND OFFSITE
SANITARY SEWER FACILITIES
1i111 PELOTON VILLAGES OF
HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 61
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
THE FINAL LOCATION AND ALIGNMENT OF THE WATER FACILITIES
SHALL BE SUBJECT TO APPROVAL SY THE CITY. TW DErAON AND
CONSTRUCT" OF THE WATER FACILITIES SHALL CONFORM TO
THE MOST CURRENT CITY REGULATIONS.
PELOTON
UO ,4YT��MI
EXHIBIT M - WATER FACILITIES
VILLAGES OF
HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 62
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT J-3 -MAPS OF IMPROVEMENT AREA #2 IMPROVEMENTS
ax.� UrF
-99�OWAY M.pprtYP.FMTS
!T OE�ELtRLR
i f f 1 PELOTON IMPROVEMENT AREA #2 ON -SITE STREETS
I '196' Hof Aru NI IIiRICGNL l`RFFK PI IRI IC IEAPPnklPkAPMT MIQT IrT i
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
63
��uu m nnnnl ►►v,
��1 unllnno�� �� O1/ii n�
PELOTON
__=_-11111111-
_==�IIIIIRIIIIIiI
Q♦,,�'l l I I11111I—i�ITI Ikl lll7/tea
♦ ♦���IIII t 11111/
�♦♦�♦�H__ 11111�
`��♦���III1111�C�
^I �HU IlHllll
A
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• •
HURRICANE CREEK PUBLIC IMPROVEMENT DISTMC
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN 64
`; � 11 1 I 1 11 IID ♦1,,� �� ������� -!//!!I=' mnlR
aim alls
IN
=■wnuuum =
��a'n ai ml 1 uuu a
p`�ami aunnnm�
..�� �1111 11 11110 �
O� 111 1 111
� IIIIIIIIII ��
in
EXHIBIT E
PELOTON IMPROVEMENT AREA #2 ON -SITE STORM DRAIN
��UI/ Illlilll
r. :.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 65
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
� wnrk Ir(
ENIrimWATEMIINE
PELOTON tINI t
—i,i,l, y s a �.,�.1 IMPROVEMENT AREA #2 ON -SITE WATER DISTRIBUTION .._.�_-
MI IPRICANP r.PPP PI IM Pl MPPnVPNPNT fHRTPW:T
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT
66
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT I(— FORM OF NOTICE OF PID ASSESSMENT TERMINATION
K.5
[Date]
Collin County Clerk's Office
Honorable
900 E. Park Blvd.
#140C
Plano, TX 75074
P3Works, LLC
9284 Huntington Square, Ste 100
North Richland Hills, TX 76182
Re: City of Anna Lien Release documents for filing
Dear Ms./Mr.
Enclosed is a lien release that the City of Anna is requesting to be filed in your office. Lien release
for [insert legal description]. Recording Numbers: [Plat]. Please forward
copies of the filed documents to my attention:
City of Anna
Attn: [City Secretary]
PO Box 776
120 W. 7'h Street
Anna, TX 75409
Please contact me if you have any questions or need additional information.
Sincerely,
[Signature]
P3Works, LLC
(817)393-0353
Admin@P3-Works.com
www.P3-Works.com
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 67
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
AFTER RECORDING RETURN TO:
[City Secretary Name]
[City Secretary Address]
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU
MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.
FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN
STATE OF TEXAS
NOW ALL MEN BY THESE PRESENTS:
COUNTY OF COLLIN
THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full
Release") is executed and delivered as of the Effective Date by the City of Anna, Texas, a Texas
home rule municipality.
RECITALS
WHEREAS, the governing body (hereinafter referred to as the "City Council") of the City
of Anna, Texas (hereinafter referred to as the "City"), is authorized by Chapter 372, Texas Local
Government Code, as amended (hereinafter referred to as the "Act"), to create public improvement
districts within the corporate limits and of the City; and
WHEREAS, on or about November 13, 2018, the City Council for the City, approved
Resolution No. 2018-11-506, creating Hurricane Creek Public Improvement District; and
WHEREAS, the Hurricane Creek Public Improvement District consists of approximately
368.2 contiguous acres within the corporate limits of the City; and
WHEREAS, on or about [March 12, 2019], [December 6, 2022], the City Council,
approved Ordinance No. [907-2019], [ 1, (hereinafter referred to as the "Assessment
Ordinance") approving an service and assessment plan and assessment roll for the Property within
the Hurricane Creek Public Improvement District; and
WHEREAS, the Assessment Ordinance imposed an assessment in the amount of [amount]
(hereinafter referred to as the "Lien Amount") for the following property: [legal description], a
subdivision in Collin County, Texas, according to the map or plat of record in
Document/Instrument No. of the Plat Records of Collin County, Texas (hereinafter
referred to as the "Property"); and
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 68
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
WHEREAS, the property owners of the Property have paid unto the City the Lien Amount.
RELEASE
NOW THEREFORE, the City, the owner and holder of the Lien, Instrument No. , in
the Real Property Records of Collin County, Texas, in the amount of the Lien Amount against the
Property releases and discharges, and by these presents does hereby release and discharge, the
above -described Property from said Lien held by the undersigned securing said indebtedness.
EXECUTED to be EFFECTIVE this the day of 20.
CITY OF ANNA, TEXAS,
A Texas home rule municipality,
By:
[Manager Name], City Administrator
ATTEST:
[Secretary Name], City Secretary
STATE OF TEXAS
COUNTY OF COLLIN
This instrument was acknowledged before me on the day of , 20_, by [City
Manager], City Administrator for the City of Anna, Texas, a Texas home rule municipality, on
behalf of said municipality.
Notary Public, State of Texas
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 69
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
I EXHIBIT L-1-DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #1 BONDS I
DEBT SERVICE REQUIREMENTS
The following table sets forth the anticipated debt service requirements for the Bonds
Year Ending
(September 13
Principal
Interest
Total
2019
S 199.957.19
S 199,957A9
2020
470,487.50
470,487-50
2021
S 105,000.00
470,487.50
575.48750
2022
110,000.00
464,450.00
574,450.00
2023
115,000DO
458,125.00
573,125.00
2024
125,000.00
451,512.50
576.512.50
2025
130,000.00
444.325.00
574,325.00
2026
135,OD0.00
436,850.00
571,850.00
2027
145,ODO.00
429,08750
574,08750
2028
155,000.00
420,750.00
575,750.00
2029
165010.00
411,837.50
576,83750
2030
170,000.00
402,350.00
572350.011
2031
185,000.0D
391300.00
576300.00
2032
195,000.00
379.273.00
574,275.01)
2033
210,000.00
366,600.00
576,600.00
2034
220,000.00
352-950.00
572,950.00
2035
235,000.00
338,650.00
573,650.00
2036
250,0110.00
323375.00
573375.00
2037
270,000.00
307.125.00
577,125.00
2038
285,000.00
299.575.00
574,575.00
2039
305,000.00
271.050.00
576,050.00
2040
325,000.00
251,225.00
576,225.00
2041
350,000.00
230,100.00
580.100,00
2042
370,000.00
207350.01)
577350A0
2043
395,000.00
193300.00
578300.OD
2044
425,000.00
157,625.00
582,625.00
2045
450,000.00
130.000.00
580,000.00
2046
485.00D.00
100,750.00
585,750.00
2047
515,ODO-00
69.22.5.00
584,225.00
2048
55000000
53 ,750.00
585.750.00
Total
e7 774 D00 00
59.445.444.fi9
c16.820A44E9
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 70
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT L-2 - DEBT SERVICE SCHEDULE FOR MAJOR IMPROVEMENT AREA
BONDS
DEBT SERVICE REQUIREMENTS
The following table sets forth the anticipated debt service requirements for the Bonds
Year Ending
(September U
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
$ 55.000.00
234,600.IK1
289,600.00
2023
60,000.00
231,300.00
291,300.00
2024
60,000.00
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
70,000.00
216,000.00
286,000.00
2028
75,000.00
211,800.00
286,800.00
2029
80,000.00
207,300.00
287,300.00
2030
85,000.00
202,500.00
287,500.00
2031
90,000.00
196,762.50
286,76250
2032
95,000.00
190,68750
285,68750
2033
100,000.00
184,275.00
284275.00
2034
105,000.00
177,525.00
282,525.00
2035
115,000.00
170,437.50
285,43750
2036
120,000.00
162,675.00
282,675.00
2037
130,000.00
154,575.00
284,575.00
2038
140,000.00
145,800.00
285,800.00
2039
150,ODD.00
136,350.00
286,350.00
2040
155,000.00
126,225.00
291225.00
2041
170,000.00
115,762.50
285,76250
2042
180,000.00
104287.50
294287.50
2043
190,000.00
92,137.50
292,13750
2044
205,000.00
79,312.50
284.312.50
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
284,76230
2048
265.000.00
17,887.50
282,98730
Total
S1.535AD0A0
S43A236750
S8_294.967.50
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 71
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT L-3 —DEBT SERVICE SCHEDULE FOR IMPROVEMENT AREA #2 BONDS
[To be provided by the City Financial Advisor.]
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 72
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT M-1- DISTRICT BOUNDARY DESCRIPTION
Collin County, Texas and being part of a called 114.252 acre of land desi
to Don Collins, at at recorded in Volume 5257, Page 4877 of said County
and being more particularly described by metes and bounds as follows;
BEGINNING at the southeast corner of said 262.41 acre tract, In the west line of said
114.752 acre tract:
THENCE 5 B9'S4'24"W, 2687.84 feet;
THENCE N 00'04'27'W, 387.21 feet;
THENCE N 89'58'140W, 849.21 feet;
THENCE N 03°33'44"E, 1188.001`eel,
THENCE N 88'26'26"W, 365.15 feet;
THENCE N 23'08'27"W, 67.47 feet;
THENCE N 02'48'15'E. 193031 feet:
to the northeast corner of said 262.41 acre tract of
r of said 114.252 acre :ract;
5.96 feet to the beginning of a curie to the right:
to the rlghq on are dietance of 201.39 feet, through a central
na a radius of 700.00 feet, the long chord which bears 5
the left, an arc distance of 205-39 feet, through a central
a radius of 700.00 feet, the long chord which bears S
55 feet;
the right, an arc distance of 116.43 feet, through a central
a radius of 699.99 feet, the long chord which bears S
,a loft, an arr dktanrn of lni 54 font, thrnugh a control
radius of 700.03 feet, the long chord which bears S
.62 feet;
Ni right, an arc distance of 530.61 feet, through a central
radius of 700.0D feet, the long chord which bears S
THENCE with said curve to the right, an arc distance of 25.41 feet, through a central
angle of 00'02'48", having a radius of 400.00 feet, the long chord which bears S
43'4Y02'W, 25.41 feet;
THENCE N 89'44'50"W, 655.06 feet;
THENCE 5 00'56'11"E, 265.80 feet to the Point of Beginning and containing 16,037,378
square feet or 368.2 acres of land more or less.
Ei!I� PELOTON
If ll LAND fa IDTIDN1
EXHIBIT Al - METES AND BOUNDS
VILLAGES OF
HURRICANE CREEK
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 73
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT M-2 — IMPROVEMENT AREA #1 BOUNDARY DESCRIPTION
LEGAL DESCRIPTION
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffman
Survey, Abstract Number 197, Collin County, Texas and being part of that tract of land described
in deed to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of
the Official Public Records of Collin County, Texas and being more particularly described as
follows:
BEGINNING at a 5/8" iron rod found for the northeast comer of a remainder tract WBK Partners,
LTD recorded in Volume 4292, Page 27 of said Official Public Records and the easternmost
southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 88°58'27" W, 1,910.63 feet with the south line of said CADG tract to a 5/8" iron rod
with plastic cap stamped "PELOTON" set;
THENCE departing said south line of the CADG Hurricane Creek, LLC tract, N 00°15'27" E,
421.11 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46°18'49" E, 320.76 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 43041'11" W, 120.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE S46018'49" W, 117.06 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 4304l' 11" W, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46018'49" E, 145.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 43-41-11" W, 120.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 46018'49" E, 570.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 43041'l I" W, 170.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 46018'49" E, 2.17 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set
to the beginning of a curve to the right;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 74
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
THENCE, with said curve to the right, an are distance of 47.91 feet, through a central angle of
05154' 13", having a radius of 465.00 feet, the long chord bears N 49° 15'56" E, 47.89 feet to a 5/8"
iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43041'11" W, 163.78 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 46018'49" E, 259.23 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 89013'07" E, 741.15 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE S 23012'58" E, 16.58 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 89-13-07" E, 140.84 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 59026'33" E, 195.37 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE N 89013'07" E, 731.48 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE S 00°46'53" E, 284.46 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 89013'07" E, 525.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE S 00046'53" E, 460.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 89013'07" W, 170.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE S 01032'35" W, 138.83 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE S 03056'49" W, 63.28 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 2004036" W, 64.06 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 34031'32" W, 64.92 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 56029'24" W, 66.49 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 55011'09" W, 70.72 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 75
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
THENCE S 33°07'12" E, 131.90 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 36016'47" E, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 53043'13" W, 1.72 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 36016'47" E, 163.61 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set
in the east line of said CADG Hurricane Creek, LLC. Tract at the beginning of a curve to the right;
THENCE with said curve to the right, an are distance of 61.57 feet, through an angle of 05°02'21 ",
having a radius of 700.00 feet, and a long chord which bears S 56°44135" W, 61.55 feet to a 5/8"
iron rod with plastic cap stamped "PELOTON" set;
THENCE S 59001'02" W, 294.65 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE S 89°21'12" W, 420.50 feet to a 5/8" iron rod with plastic cap stamped "PELOTON"
set;
THENCE S 0103l'10" E, 184.67 feet to the POINT OF BEGINNING and containing 4,015,625
square feet or 92.186 acres of land, more or less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 76
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
FEXHIBIT M-3 — MAJOR IMPROVEMENT AREA BOUNDARY DESCRIPTION
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffinan
Survey, Abstract Number 197, Collin County, Texas and being part of that tract of land described
in deed to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of
the Official Public Records of Collin County, Texas and being more particularly described as
follows:
BEGINNING at the southernmost southeast comer of said CADG Hurricane Creek, LLC tract;
THENCE S 89054'24"W, 2,687.84 feet;
THENCE N 00004'27"W, 387.21 feet;
THENCE N 89058'14"W, 849.21 feet;
THENCE N 03033'44"E, 1,188.00 feet;
THENCE N 88026'26"W, 365.15 feet;
THENCE N 23008'27"W, 67.47 feet;
THENCE N 02048'15"E, 1,930.31 feet;
THENCE N 89052'55"E, 465.63 feet;
THENCE 89°15'32"E, 742.56 feet;
THENCE S 90000'00"E, 1,755.97 feet;
THENCE N 89-11'00"E, 794.06 feet;
THENCE S 00010'57"W, 232.18 feet;
THENCE N 89056' 12"E, 1184.36 feet;
THENCE S 01 °06'39"E, 55.96 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 205.39 feet, through a central angle of
16°48'41", having a radius of 700.00 feet, the long chord which bears S 07°17'41"W, 204.65 feet;
THENCE S 15°42'02"W, 121.60 feet to the beginning of a curve to the left;
THENCE with said curve to the left, an arc distance of 205.39 feet, through a central angle of
16°48'41", having a radius of 700.00 feet, the long chord which bears S 07° 17'41"W, 204.65 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 77
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
THENCE S 01 °06'39"E, 201.55 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 116.43 feet, through a central angle of
09°31'48", having a radius of 699.99 feet, the long chord which bears S 03°39' 15"W, 116.30 feet;
THENCE S 08025'09"W, 393.86 feet to the beginning of a curve to the left;
THENCE with said curve to the left, an arc distance of 101.69 feet, through a central angle of
08°19'23", having a radius of 700.03 feet, the long chord which bears S 04°15'28"W, 101.60 feet;
THENCE S 00°05'44"W, 1035.62 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 530.61 feet, through a central angle of
43°25'52", having a radius of 700.00 feet, the long chord which bears S 21 °48140"W, 518.00 feet;
THENCE S 43031'37"W, 241.38 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 25.41 feet, through a central angle of
00002'48", having a radius of 400.00 feet, the long chord which bears S 43°40'02"W, 25.41 feet;
THENCE N 89°44'50"W, 655.06 feet;
THENCE S 00056'11"E, 265.80 feet to the Point of Beginning and containing 16,037,378 square
feet or 368.2 acres of land more or less.
SAVE AND EXCEPT
BEING a tract of land situated in the Joseph Boyle Survey, Abstract Number 105, W.S. Rattan
Survey, Abstract Number 752, T. Rattan Survey, Abstract Number 782, and the J. Coffman
Survey, Abstract Number 197, Collin County, Texas and being part of that tract of land described
in deed to CADG Hurricane Creek, LLC, recorded in Instrument Number 20150529000631020 of
the Official Public Records of Collin County, Texas and being more particularly described as
follows:
BEGINNING at the southernmost southeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 88058'27" W, 1,910.63 feet;
THENCE N 00015'27" E, 421.11 feet;
THENCE N 46018'49" E, 320.76 feet;
THENCE N 43041'11" W, 120.00 feet;
THENCE S46018'49" W, 117.06 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 78
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
THENCE N 43°41'11" W, 50.00 feet;
THENCE N 46018'49" E, 145.00 feet;
THENCE N 43041' 11" W, 120.00 feet;
THENCE N 46018'49" E, 570.00 feet;
THENCE N 43041'11" W, 170.00 feet;
THENCE N 46018'49" E, 2.17 feet to the beginning of a curve to the right;
THENCE, with said curve to the right, an arc distance of 47.91 feet, through a central angle of
05054' 13", having a radius of 465.00 feet, the long chord bears N 49° 15'56" E, 47.89 feet;
THENCE N 43041' 11" W, 163.78 feet;
THENCE N 46018'49" E, 259.23 feet;
THENCE N 89013'07" E, 741.15 feet;
THENCE S 23012'58" E, 16.58 feet;
THENCE N 89013'07" E, 140.84 feet;
THENCE N 59026'33" E, 195.37 feet;
THENCE N 89°13'07" E, 731.48 feet;
THENCE S 00°46'53" E, 284.46 feet;
THENCE N 89013'07" E, 525.00 feet;
THENCE S 00-46-53" E, 460.00 feet;
THENCE S 89° 13'07" W, 170.00 feet;
THENCE S 01°32'35" W, 138.83 feet;
THENCE S 03056'49" W, 63.28 feet;
THENCE S 20040'36" W, 64.06 feet;
THENCE S 3403l'32" W, 64.92 feet;
THENCE S 56029'24" W, 66.49 feet;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 79
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
THENCE S 5501 F09" W, 70.72 feet;
THENCE S 33°07'12" E, 131.90 feet;
THENCE S 36-16-47" E, 50.00 feet;
THENCE S 53°43'13" W, 1.72 feet;
THENCE S 36016'47" E, 163.61 feet to the beginning of a curve to the right;
THENCE with said curve to the right, an arc distance of 61.57 feet, through an angle of 05°02'21",
having a radius of 700.00 feet, and a long chord which bears S 56°44'35" W, 61.55 feet;
THENCE S 5900 F02" W, 294.65 feet;
THENCE S 89021'12" W, 420.50 feet;
THENCE S 01031'l0" E, 184.67 feet to the POINT OF BEGINNING and containing 4,015,625
square feet or 92.186 acres of land, more or less.
"This document was prepared under 22 TAC 663.21, does not reflect the results of an on the ground
survey, and is not to be used to convey or establish interests in real property except those rights
and
interests implied or established by the creation or reconfiguration of the boundary of the political
subdivision for which it was prepared."
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 90
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
EXHIBIT M-4 - IMPROVEMENT AREA #2 BOUNDARY DESCRIPTION
Phase 2 LEGAL DESCRIPTION:
BEING THAT CERTAIN TRACT OF LAND SITUATED IN THE J. BOYLE SURVEY, ABSTRACT NUMBER 105 AND
THE W.S. RATTAN SURVEY, ABSTRACT NUMBER 752, COLLIN COUNTY, TEXAS, BEING A PORTION OF
THAT TRACT OF LAND DESCRIBED IN DEED TO CADG HURRICANE CREEK, LLC KNOWN AS TRACT 2
RECORDED IN INSTRUMENT NUMBER 201505290000631020 OF THE OFFICIAL PUBLIC RECORDS OF
COLLIN COUNTY, TEXAS (O.P.R.C.C.T.) AND BEING MORE PARTICULARLY DESCRIBED BY METES AND
BOUNDS AS FOLLOWS:
BEGINNING AT 1/2 INCH IRON ROD FOUND IN THE SOUTH LINE OF A TRACT OF LAND TO MM ANNA
325, LLC TRACT 1 RECORDED IN INSTRUMENT NUMBER 20190411000386110 AND BEING THE
NORTHWEST CORNER OF ONE ANNA TWO ADDITION RECORDED IN INSTRUMENT NUMBER
20210607010002180 OF SAID O.P.R.C.C.T.
THENCE DEPARTING THE SOUTH LINE OF SAID MM ANNA TRACT FOLLOWING THE WEST LINE OF SAID
ONE ANNA TWO ADDITION TRACT AND BEING THE WEST LINE OF STANDRIDGE BOULEVARD (A CALLED
80' RIGHT-OF-WAY) THE FOLLOWING BEARINGS AND DISTANCES:
S 02° 05' 48" E, 55.77 TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258" FOUND AND
THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 205.60 FEET, THROUGH A CENTRAL
ANGLE OF 16° 49' 44", HAVING A RADIUS OF 700.00 FEET, AND A LONG CHORD WHICH BEARS S
06- 27' 08" W, 204.87 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258" FOUND;
S 14° 47' 37" W, 121.39 FEET TO A 1/2 INCH IRON ROD FOUND AND THE BEGINNING OF A
CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 205.59 FEET, THROUGH A CENTRAL
ANGLE OF 16° 49' 39", HAVING A RADIUS OF 700.00 FEET, AND A LONG CHORD WHICH BEARS S
06° 28' 09" W, 204.85 FEETTO A 1/2 IRON ROD WITH CAP STAMPED "GEER 3258" FOUND;
S 02° 00' 44" E, 201.29 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258" FOUND
AND THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 116.43 FEET, THROUGH A CENTRAL
ANGLE OF 090 31' 48", HAVING A RADIUS OF 699.99 FEET, AND A LONG CHORD WHICH BEARS S
02° 49' 59" W, 116.30 FEETTO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258" FOUND;
S 07° 36' 10" W, 394.08 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258"
FOUND AND THE BEGINNING OF A CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 101.69 FEET, THROUGH A CENTRAL
ANGLE OF 08° 19' 23", HAVING A RADIUS OF 700.03 FEET, AND A LONG CHORD WHICH BEARS S
03° 23' 47" W, 101.60 FEET TO A 1/2 INCH IRON ROD WITH CAP STAMPED "GEER 3258" FOUND;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 81
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
S 00° 46' 53" E, 187.26 FEET TO THE NORTHEAST CORNER OF THE VILLAGES OF HURRICANE
CREEK, PHASE 1 RECORDED IN INSTRUMENT NUMBER 2021012000126700 OF SAID O.P.R.C.C.T;
THENCE FOLLOWING THE NORTH LINE OF SAID HURRICANE CREEK, PHASE 1 THE FOLLOWING BEARINGS
AND DISTANCES:
S 89° 13' 07" W, 1,391.48 FEET;
S 59° 26' 33" W, 165.35 FEET;
THENCE DEPARTING SAID NORTH LINE OF SAID HURRICANE CREEK, PHASE 1 OVER AND ACROSS SAID
TRACT 2 THE FOLLOWING BEARINGS AND DISTANCES:
N 00° 46' 53" W, 38.33 FEET TO THE BEGINNING OF A CURVE TO THE RIGHT;
WITH SAID CURVE TO THE RIGHT, AN ARC DISTANCE OF 111.87 FEET, THROUGH A CENTRAL
ANGLE OF 12" 49' 11", HAVING A RADIUS OF 500.00 FEET, AND A LONG CHORD WHICH BEARS N
05° 37' 43" E, 111.64 FEET;
N 12° 02' 18" E, 192.23 FEETTO THE BEGINNING OF A CURVE TO THE LEFT;
WITH SAID CURVE TO THE LEFT, AN ARC DISTANCE OF 748.78 FEET, THROUGH A CENTRAL
ANGLE OF 58° 46' 11", HAVING A RADIUS OF 730.00 FEET, AND A LONG CHORD WHICH BEARS N
17° 20' 48" W, 716.38 FEET;
N 46` 43' 54" W, 32.41 FEET;
N 46° 18' 49" E, 276.60 FEET;
N 32° 16' 49" E, 500.47 FEET;
THENCE N 89' 04' 42" E, 1382.63 FEET TO THE POINT OF BEGINNING AND CONTAINING 2,449,716
SQUARE FEET OR 56.238 ACRES MORE OR LESS.
Phase 1B Legal Description
Tract 1
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 2 in deed to CADG Hurricane Creek
LLC recorded in Instrument Number 20150529000631020 of the Official Public Records, Collin County,
Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds as follows:
BEGINNING at a 1/2" iron rod with cap stamped GEER 3258 found in the east line of said Tract 2 to
CADG Hurricane Creek LLC AND being the most easterly southeast corner of The Villages of Hurricane
Creek Phase 1 recorded in Instrument Number 20201015010003920 of said (O.P.R.C.C.T.);
THENCE following the east property line of said Villages of Hurricane Creek the following bearings and
distances:
N 36° 16' 46" W, 163.61 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 82
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
N 53° 43' 13" E, 1.72 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 36° 16' 47" W, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 33° 07' 12" W, 131.90 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 55° 11' 09" E, 70.72 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 56° 29' 24" E, 66.49 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 34° 31' 32" E, 64.92 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 20" 40' 36" E, 64.06 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 03° 56' 49" E, 63.28 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 01- 32' 35" E, 138.83 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 89" 13' 07" E, 170.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 00" 46' 53" W, 410.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 89° 14' 17" E, 135.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found in the
east line of said Tract 2;
THENCE S 00" 46' 53" E, 513.44 feet to the beginning of a curve to the right to a 1/2" iron rod found;
THENCE with said curve to the right, an arc distance of 671.13 feet, through a central angle of 54' 55'
58", having a radius of 700.00 feet, and a long chord which bears S 26° 43' 03" W, 645.72 feet to the
POINT OF BEGINNING and containing 251,915 square feet or 5.783 acres of land more or less.
Tract 2
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 2 in deed to CADG Hurricane Creek
LLC recorded in Instrument Number 20150529000631020 of the Official Public Records, Collin County,
Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds as follows:
BEGINNING at a 5/8" iron rod with plastic cap stamped "PELOTON" found in the east line of said Tract 2
and the most easterly northeast corner of The Villages of Hurricane Creek Phase I recorded in
Instrument Number 20201015010003920 of said (O.P.R.C.C.T.);
THENCE 5 89' 13' 07" W, 660.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE N 00' 46' 53" W, 284.46 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE N 89° 13' 08" E, 660.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set in the
east line of said Tract 2;
THENCE S 000 46' 53" E, 284.46 feet to the POINT OF BEGINNING and containing 187,742 square feet or
4.310 acres of land more or less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 83
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Tract 3
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 1 in deed to CADG Hurricane Creek
LLC recorded in Instrument Number 20150529000631020 of the Official Public Records, Collin County,
Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds as follows:
COMMENCING at a 5/8" iron rod found for the northeast corner of a remainder tract WBK Partners, LTD
recorded in Volume 4292, Page 27 of said Official Public Records and the easternmost southeast corner
of said CADG Hurricane Creek, LLC tract;
THENCE S 88°58'27" W, 842.56 feet;
THENCE departing said south line of the CADG Hurricane Creek, LLC tract, N 01°01'33" W, 218.10 feet to
a 5/8" iron rod with plastic cap stamped "PELOTON" set to THE POINT OF BEGINNING;
THENCE N 03° 24' 07" W, 121.40 feet to the beginning of a curve to the left to a 5/8" iron rod with
plastic cap stamped "PELOTON" found;
THENCE with said curve to the left, an arc distance of 248.93 feet, through a central angle of 15' 25' 09",
having a radius of 925.00 feet, and a long chord which bears N 76' 44' 47" E, 248.18 feet;
THENCE following the south right of way line of Hidden Valley Drive of said Villages of Hurricane Creek
the following bearings and distances:
N 69° 02' 12" E, 64.84 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
N 69° 02' 12" E, 90.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE following the west right of way line of Shadybrook Trail of said Villages of Hurricane Creek the
following bearing and distance:
S 20° 57' 48" E, 120.08 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 68° 55' 33" W, 161.45 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 71` 32' 50" W, 95.74 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 77° 06' 00" W, 90.37 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 82° 06' 18" W, 93.25 feet to the POINT OF BEGINNING and containing 50,814 square feet or
1.167 acres of land more or less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT S4
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
Tract 4
BEING that certain tract of land situated in W. Rattan Survey, Abstract Number 752, Collin County,
Texas, and being a portion of that tract of land referred to as Tract 1 in deed to CADG Hurricane Creek
LLC recorded in Instrument Number 20150529000631020 of the Official Public Records, Collin County,
Texas (O.P.R.C.C.T.) and being more particularly described by metes and bounds as follows:
BEGINNING at a 5/8" iron rod with plastic cap stamped "PELOTON" found for southwest corner of Block
M, Lot 4 in a tract of land referred to as Tract 1 recorded in said Official Public Records for said CADG
Hurricane Creek, LLC tract and having a Northing of 7180087.9589' and Easting of 2549759.9701';
BEGINNING at a 5/8" iron rod with plastic cap stamped "PELOTON" found for the most easterly
southeast corner of a tract of land referred to as Tract 1 recorded in said Official Public Records and the
easternmost northeast corner of said CADG Hurricane Creek, LLC tract;
THENCE S 46` 18' 49" W, 250.44 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43' 41' 11" W, 55.84 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 86' 55' 45" W, 15.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 630 16' 55" W, 153.10 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 43° 41' 11" W, 480.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46' 18' 49" E, 115.13 feet to the beginning of a curve to the right;
With said curve to the right, an arc distance of 105.54 feet, through a central angle of 122' 40' 26",
having a radius of 50.00 feet, and a long chord which bears N 01° 33' 11" W, 87.75 feet to a 5/8" iron rod
with plastic cap stamped "PELOTON" set;
THENCE N 43' 40' 57" W, 113.93 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE N 46' 18' 49" E, 540.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" set;
THENCE S 43° 40' 57" E, 120.00 feet; to a 5/8" iron rod with plastic cap stamped "PELOTON" set
THENCE N 46' 18' 49" E, 171.01 feet to the beginning of a curve to the right;
With said curve to the right, an arc distance of 117.81 feet, through a central angle of 89` 59' 58", having
a radius of 75.00 feet, and a long chord which bears S 88° 41' 11" E, 106.07 feet to a 5/8" iron rod with
plastic cap stamped "PELOTON" set;
THENCE S 43' 41' 11" E, 217.47 feet to the beginning of a curve to the left;
With said curve to the left, an arc distance of 47.91 feet, through a central angle of 05° 54' 13", having a
radius of 465.00 feet, and a long chord which bears S 49' 15' 49" W, 47.89 feet to a 5/8" iron rod with
plastic cap stamped "PELOTON" found;
THENCE S 46` 18' 49" W, 2.17 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 43° 40' 57" E, 50,00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT as
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
THENCE S 43° 41' 17" E, 120.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
(THENCE S 43° 41' 11" E, 170.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;)
THENCE S 46° 18' 49" W, 570.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 43' 41' 11" E, 120.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 46° 18' 49" W, 145.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE S 43' 41' 11" E, 50.00 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
THENCE N 46° 18' 49" E, 117.05 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;
(THENCE N 46° 18' 49" E, 117.06 feet to a 5/8" iron rod with plastic cap stamped "PELOTON" found;)
THENCE S 43° 41' 11" E, 120.00 feet to the POINT OF BEGINNING and containing 570,152 square feet or
13.089 acres of land more or less.
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 86
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
APPENDIX A - ENGINEER'S REPORT
P E LOTO N
IFdscosl.
SWt.E00
Till L N0 SOLOTIONs
eucw T.am 75083
"9.P131=
IBM 1019440
0dober28,2022
Engineer's Report
Hurricane Creek Public Improvement District
Hurricane Creek Phase 1 B & 2
NW Corner of US 75 & W White St
City of Anna
Introduction: The Sherley Tract PID #2 (Hurricane Creek Phases 1 B & 2) is a single-family
development consisting of approximately 340 single-family residential homes, over
approximately 69.1 Ac. as depicted on Exhibit A. The parcel is located at the Northwest
comer of US Highway 75 and W White Si (FM 455); it is directly adjacent to the existing Villages
at Hurricane Creek Phase 1 development. This Engineer's Report includes the documents
requested by the City of Anna for the formation of the Public Improvement District (PID) and
the issuance of bonds by the City. Bonds are anticipated to be used to finance public
Infrastructure projects vital for the development within the PID.
Development Cosh: An Engineer's Opinion of Probable Cost has been prepared for all on -site
and off -site Infrastructure (Exhibit B).
Development Improvements: Development Improvements have been classified Direct
Improvements and Private Costs. Direct Improvement items will be included in the PID.
Direct Improvements for Improvement Area #2 (Phases I B & 2 of the development) are shown
on Exhibits C through G.
Development Schedule: Entitlements are in place for the project: Phase I B & 2 construction
plans have been approved by the City. Utility construction commenced in April 2022 and final
acceptance is anticipated in April 2023.
......... I .... ....... I ........
YELOtOML/.NO.CON
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 87
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
II1IIII 111 I1 n1 111111111/ P "A -1'
� 1 1 �� �
Ll11 111 11 1 111111 Q��
----- Jt
-
IPHABE 16 IBI
Dmff B
PlLl9E �
ElHIBRAI
!�IPELOTON IMPROVEMENT AREA #2 CONCEPT PLAN
�1 11...HURRICANE CREEK UBLIC IMPROVEMENT DISTRIC
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 88
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
OPINION OF PROBABLE COST
Hurricane Creek Phase 1B & 2
City of Anna & Anne ETJ, Collin County, Texas
CEN18001
340 TOTAL LOTS Prepared For, MM Anna 325, LLC
69.1 SINGLE FAMILYACRES(NET) Date: October26,2022
File Name: CEN 13023.018 OTO
Prepared by-. MPP/AHB
Checked by: MPP
CONSTRUCTION COSTS
SUMMARY Direct Costs
Private Costs
Total Costs
DESCRIPTION Phase IS
Phase 2
1 Total
Phase 1B
Phase 2
Total
1-Earthmrk
$0
$213,439
$213,439
$27 00
$396.388
$423,588
$637027
2. Retaining Walls
s0
$0
so
$0
50
so
$0
3-Water
$230,788
$870,461
$112 ,1 49
$0
50
$0
$1,10 , 49
4-Sanitary Saar
$171.918
$1.051640
$1223.558
$0
$0
$0
$1223558
5-Strom
$144,330
3532,654
$776,994
30
50
s0
$776994
6-Paving
$641.553
$1,691.061
S2,332,614
$0
$0
$0
$2,332,514
7- Street Lights &S s
V2,182
$9,335
$21517
$0
s0
$0
$21,517
8-Screen Walls & Entry Monument
$0
s0
s0
$0
$0
s0
$0
9- Landscaping &Irrigation
s0
so
s0
0
50
s0
$0
10-Amenities
f0
-
W
f0
11- Dlshict LegaUFnancbl Consulting
12-CaMb an
$90,000
$360,D00
$450,000
$0
i S4501100
f140,000
5580,000
$700,000
f0
57w.mu
TOTALCONETRUCTION COSTS
51p30,772
153 599
$8815371
527200
1
s423588
1 57 42959
MISCELLANEOUS COSTS
DESCRIPTION
CITY
UNIT
Total
Total
I TOTAL
Entitlements, Dew Agnt. District Creation
1
LOT
so
$0
f0
$0
90
s0
$0
En &Sury(Ph.1ls rcontract)
1
LS
$580,725
$535.112
$1,115,837
$64,525
$47,567
$112.092
51,227,928
LOMR tAssumes2"!red)
i
LS
$0
s0
$0
$0
s0
$0
$0
FEMA LOMR Fees Assumes2required)
i
LS
$0
so
s0
$0
$0
$0
$0
SWPPP (plan preparaflon&inspections)
1
LS
$6,000
$6,000
$12.000
6,000
$6,000
$12.000
$24,000
Preliminary Platting Fee
i
LS
$0
so
$0
$0
$0
$0
$0
Final Platting Fee
1
LS
$0
s0
so
$0
$0
$0
$0
Maintenance Bond(2% of Pvg&Wit Contracts
$23,770
$84.920
$108,690
$0
50
f0
$108.690
Engineering Review Fee
1
LS
$0
s0
$0
$0
$0
$0
$0
Ns ection Fee
4%
%
$48,030
$215,540
$263570
$10g0
$15,860
$16,950
$280520
Geotechnioal Tesan 10%of EarthmiR
10%
%
SO
E27 ,340
$21%
$2,720
$39,640
$42,360
$63700
TOTAL MISC. COSTS
f858525
f882912
$1521 37
$74335
5109067
5183 02
$170 83B
Per Acre: $129,491
Per Lot. 2f 6A17
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 89
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
�1,4JjJLLLII J'7�LIrU77LL�T� ry J/
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-! PHASE LINE
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RY DEVELOPER
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/ PHASEI I
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4
EXHIBIT C PELOTON IMPROVEMENT AREA #2 ON -SITE STREETS
kI... ..,.... HURRlrANr CREEK PUSUC IMPROVEMENT DISTRICT
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 90
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
III
I
- TT
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/ /• /
/ PIUSEIB � PPWOSEO SEWED LINE
Ep311NG SEWED LINE
/ � E
L P HIBRD
PELOTON IMPROVEMENT AREA #2 ON -SITE SANITARY SEWER °
HURRICANE PUBLIC IMPROVEMENT DISTRICT
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 91
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
§t cl1WJ I LUi�J LL�LLTL'jL}t,� V %
��ILLiJLLu ,.p _J
,I
i
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/ .HNEEI �•�• i
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! II!IIPELOTON IMPROVEMENT AREA #2 ON —SITE STORM DRAIN
IlrffI... .........
HURRICANE CREEK PUBUC IMPROVEMENT DISTRICT 92
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
y
PlLVE zP
I \ /
II .�
EASING
g1I5E1
/
/ / <R4t9E 1SPHASE LNE
PROPOSED WATPA LINE
1G Ef081RW WATER LNE
/ / 1
1 EXHIBIT F '
!I PELOTON IMPROVEMENT AREA #2 ON -SITE WATER DISTRIBUTION j
IIIII ��HURRICANE GREEK PUBLIC IMPROVEMENTDISTRICT
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 93
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
APPENDIX B-BUYER DISCLOSURES
Forms of the buyer disclosures for the following Lot Types are found in this Appendix:
• Improvement Area #1
o Lot Type 1
o Lot Type 2
o Lot Type 2821988
• Major Improvement Area
o Major Improvement Area Initial Parcel
• Improvement Area #2
o Improvement Area #2 Initial Parcel
o Lot Type 3
o Lot Type 4
o Lot Type 5
o Lot Type 6
o Lot Type 7
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT 94
PRELIMINARY 2022 AMENDED AND RESTATED SERVICE AND ASSESSMENT PLAN
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 1
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
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
STREET ADDRESS
LOT TYPE 1 PRINCIPAL ASSESSMENT: $30,990.86
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code. 4'
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City City Council
in the annual service plan update for the District. More information about the assessments,
including the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the
Current Information of Obligation to Pay Improvement District Assessment.
[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:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose names) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 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
2023
$
497.76
$
1,982.92
$
254.88
$
7.5495
$
2,890.51
2024
$
541.04
$
1,954.30
$
259.97
$
152.47
$
2,907.78
2025
$
562.68
$
1,923.19
$
265.17
$
149.76
$
2,900.80
2026
$
584.32
$
1,890.83
$
270.48
$
146.95
$
2,892.58
2027
$
627.61
$
1,857.23
$
275.89
$
144.03
$
2,904.75
2028
$
670.89
$
1,821.15
$
281.40
$
140.89
$
2,914.33
2029
$
714.17
$
1,782.57
$
287.03
$
137.53
$
2,921.31
2030
$
735.82
$
1,741.50
$
292.77
$
133.96
$
2,904.06
2031
$
800.74
$
1,693.68
$
298.63
$
130.28
$
2,923.33
2032
$
844.02
$
1,641.63
$
304.60
$
126.28
$
2,916.53
2033
$
908.95
$
1,586.77
$
310.69
$
122.06
$
2,928.47
2034
$
952.23
$
1,527.69
$
316.91
$
117.51
$
2,914.34
2035
$
1,017.16
$
1,465.79
$
323.24
$
112.75
$
2,918.95
2036
$
1,082.08
$
1,399.67
$
329.71
$
107.67
$
2,919.13
2037
$
1,168.65
$
1,329.34
$
336.30
$
102.26
$
2,936.55
2038
$
1,233.57
$
1,253.38
$
343.03
$
96.41
$
2,926.39
2039
$
1,320.14
$
1,173.19
$
349.89
$
90.25
$
2,933.47
2040
$
1,406.71
$
1,087.39
$
356.89
$
83.65
$
2,934.63
2041
$
1,514.92
$
995.95
$
364.03
$
76.61
$
2,951.50
2042
$
1,601.48
$
897.48
$
371.31
$
69.04
$
2,939.31
2043
$
1,709.69
$
793.38
$
378.73
$
61.03
$
2,942.84
2044
$
1,839.54
$
682.25
$
386.31
$
52.48
$
2,960.58
2045
$
1,947.75
$
562.68
$
394.03
$
43.28
$
2,947.75
2046
$
2,099.24
$
436.08
$
401.91
$
33.54
$
2,970.78
2047
$
2,229.09
$
299.63
$
409.95
$
23.05
$
2,961.72
2048
$
2,380.58
$
154.74
$
418.15
$
11.90
$
2,965.37
Total
$
30,990.86
$
33.934.40
$
8.581.90
$
2,620.59
$
76,127.76
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available
offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 2
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
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
STREET ADDRESS
LOT TYPE 2 PRINCIPAL ASSESSMENT: $35,432.55
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the
Current Information of Obligation to Pay Improvement District Assessment.
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above.
DATE:
SIGNATURE OF PURCHASER
DATE:
SIGNATURE OF PURCHASER
The undersigned seller acknowledges providing this notice to the potential purchaser
before the effective date of a binding contract for the purchase of the real property at the address
described above.
DATE:
SIGNATURE OF SELLER
DATE:
SIGNATURE OF SELLER]2
2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in
accordance with Section 5.014(a-1), Tex. Prop. Code.
Signature Page to Initial Notice
of Obligation to Pay Improvement District Assessment
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20.
Notary Public, State of Texas]3
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required
by Section 5.014 of the Texas Property Code including the current information required by
Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real
property at the address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 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
$
3,360.57
2043
$
1,954.73
$
907.09
$
433.01
$
69.78
$
3,364.61
2044
$
2,103.19
$
780.04
$
441.67
$
60.00
$
3,384.90
2045
$
2,226.91
$
643.33
$
450.51
$
49.49
$
3,370.23
2046
$
2,400.11
$
498.58
$
459.52
$
38.35
$
3,396.56
2047
$
2,548.57
$
342.57
$
468.71
$
26.35
$
3,386.20
2048
$
2,721.77
$
176.92
$
478.08
$
13.61
$
3,390.38
Total
S
35.432.55
S
38.797.96
S
9.811.88
S
2,996.18
S
87.038.58
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates.
Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available
offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 2821998
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 2821998 PRINCIPAL ASSESSMENT: $27,324.41
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
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
2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in
accordance with Section 5.014(a-1), Tex. Prop. Code.
Signature Page to Initial Notice
of Obligation to Pay Improvement District Assessment
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20_.
Notary Public, State of Texas]3
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required
by Section 5.014 of the Texas Property Code including the current information required by
Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real
property at the address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this
Notary Public, State of Texas]4
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 2821989
2023
$
438.87
$
1,748.32
$
224.72
$
136.62
$
2,548.54
2024
$
477.03
$
1,723.09
$
229.22
$
134.43
$
2,563.76
2025
$
496.11
$
1,695.66
$
233.80
$
132.04
$
2,557.62
2026
$
515.19
$
1,667.13
$
238.48
$
129.56
$
2,550.37
2027
$
553.36
$
1,637.51
$
243.25
$
126.99
$
2,561.10
2028
$
591.52
$
1,605.69
$
248.11
$
124.22
$
2,569.54
2029
$
629.68
$
1,571.68
$
253.07
$
121.26
$
2,575.70
2030
$
648.76
$
1,535.47
$
258.14
$
118.11
$
2,560.48
2031
$
706.01
$
1,493.30
$
263.30
$
114.87
$
2,577.48
2032
$
744.17
$
1,447.41
$
268.56
$
111.34
$
2,571.48
2033
$
801.41
$
1,399.04
$
273.94
$
107.62
$
2,582.01
2034
$
839.58
$
1,346.95
$
279.41
$
103.61
$
2,569.55
2035
$
896.82
$
1,292.38
$
285.00
$
99.41
$
2,573.61
2036
$
954.06
$
1,234.08
$
290.70
$
94.93
$
2,573.78
2037
$
1,030.39
$
1,172.07
$
296.52
$
90.16
$
2,589.13
2038
$
1,087.63
$
1,105.09
$
302.45
$
85.01
$
2,580.18
2039
$
1,163.96
$
1,034.40
$
308.50
$
79.57
$
2,586.42
2040
$
1,240.28
$
958.74
$
314.67
$
73.75
$
2,587.44
2041
$
1,335.69
$
878.12
$
320.96
$
67.55
$
2,602.32
2042
$
1,412.02
$
791.30
$
327.38
$
60.87
$
2,591.56
2043
$
1,507.42
$
699.52
$
333.93
$
53.81
$
2,594.68
2044
$
1,621.91
$
601.54
$
340.60
$
46.27
$
2,610.32
2045
$
1,717.32
$
496.11
$
347.42
$
38.16
$
2,599.01
2046
$
1,850.89
$
384.49
$
354.36
$
29.58
$
2,619.31
2047
$
1,965.37
$
264.18
$
361.45
$
20.32
$
2,611.33
2048
$
2,098.94
$
136.43
$
368.68
$
10.49
$
2,614.55
Total
$
27,324.41
$
29,919.70
$
7,566.60
$
2,310.55
$
67,121.26
Footnotes:
[a] Interest is calculated at a 6.46% rate.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes
in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could
increase or decrease the amounts shown.
[c] The projected Annual Installment does not include the Maximum TIRZ No. 2 Annual Credit Amount of
$1,151 for Lot Type 1. The Assessment Roll shall be updated in each Annual Service Plan Update to include the
actual TIRZ No. 2 Annual Credit Amount applicable to each Lot.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT — 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 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
MAJOR IMPROVEMENT AREA INITIAL PARCEL PRINCIPAL ASSESSMENT:
$3,4809000.00
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the
Current Information of Obligation to Pay Improvement District Assessment.
[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:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS
COUNTY OF
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20_.
Notary Public, State of Texas]3
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required by
Section 5.014 of the Texas Property Code including the current information required by Section
5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the
address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this , 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
$
- $
326,137.56
2033
$
100,000.00
$
184,275.00
$
26,851.56
$
13,650.00
$
- $
324,776.56
2034
$
105,000.00
$
177,525.00
$
27,388.59
$
13,150.00
$
- $
323,063.59
2035
$
115,000.00
$
170,437.50
$
27,936.36
$
12,625.00
$
- $
325,998.86
2036
$
120,000.00
$
162,675.00
$
28,495.09
$
12,050.00
$
- $
323,220.09
2037
$
130,000.00
$
154,575.00
$
29,064.99
$
11,450.00
$
- $
325,089.99
2038
$
140,000.00
$
145,800.00
$
29,646.29
$
10,800.00
$
- $
326,246.29
2039
$
150,000.00
$
136,350.00
$
30,239.22
$
10,100.00
$
- $
326,689.22
2040
$
155,000.00
$
126,225.00
$
30,844.00
$
9,350.00
$
- $
321,419.00
2041
$
170,000.00
$
115,762.50
$
31,460.88
$
8,575.00
$
- $
325,798.38
2042
$
180,000.00
$
104,287.50
$
32,090.10
$
7,725.00
$
- $
324,102.60
2043
$
190,000.00
$
92,137.50
$
32,731.90
$
6,825.00
$
- $
321,694.40
2044
$
205,000.00
$
79,312.50
$
33,386.54
$
5,875.00
$
- $
323,574.04
2045
$
220,000.00
$
65,475.00
$
34,054.27
$
4,850.00
$
- $
324,379.27
2046
$
235,000.00
$
50,625.00
$
34,735.35
$
3,750.00
$
- $
324,110.35
2047
$
250,000.00
$
34,762.50
$
35,430.06
$
2,575.00
$
- $
322,767.56
2048
$
265,000.00
$
17,887.50
$
36,138.66
$
1,325.00
$ (291,300.00) $
29,051.16
Total
$ 3,480,000.00
$
3,945,462.50
$
741,690.25
$
293,450.00
$ (291,300.00) $
8,170,302.75
Footnotes:
[a) The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection
Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown.
[b) Interest is calculated at a 6.71% rate.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT — IMPROVEMENT AREA #2
LINITIAL PARCEL BUYER DISCLOSURE
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING I RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
IMPROVEMENT AREA #2 INITIAL PARCEL PRINCIPAL ASSESSMENT:
$1290979718.21
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the
Current Information of Obligation to Pay Improvement District Assessment.
[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:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS
COUNTY OF
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this 320 .
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 - IMPROVEMENT AREA #2 INITIAL PARCEL
618,000.M$
(618.000A0) $
51,500.00 $
$ 30.995.14 $
119,48627 $
8,938.59 $ -
5 5L3)9,16 $
262,349.16
$ 140,CW.N $
6IB,000.M 5
$
51,508.00 $
$ 30,995.14 $
117.626.56 $
8,83362 $
$ 52,406]4 5
1,019,362.06
$ SSO,gN.o] $
603.WOM 5
- $
SO,BM.00 $ -
5 33.5]8.0] $
115,)66.85 $
0,6]B.W $
5 53,4549E 5
1,031.8)0.415
7mS
160:m 5
MIXO00 S
- $
50.050W 5 -
$ 36,S61.M $
113.752.17 5
8,510.75 5 -
5 54,523.W $
1,0)3,59199
S 165,0.tlD]S
59I,CWW 5
- 5
491M.W $
$ 36,I61.W $
111.582.51 $
8,329.94 $ -
$ 55,614A5 $
1,016,937.91
$ P5.0010t 5
58L1WL0 5
- $
48p25.00 $
5 30.]4393 5
109.411.85 S
8,149.14 $ -
$ 56,726.74 $
L01),55].66
S 185,W100 5
570,601 $
- $
4],550W $
$ 4132696 $
l0),098.21 $
),955.42 $ -
$ 5T961.28 5
1,01738L]]
5 2W,M0A0 $
559,5W.00 5
- 5
46.625.00 5 -
$ 43.909J8 $
104,609.69 $
],]48.]9 $
$ 59A18.50 5
1,021,410.68
$ nO.00D110 $
5475MW 5
- $
45625C0 5 -
$ 46,49171 5
101,644.69 5
7,52914 5 -
$ 60.198.8) $
1,010.99051
5 225,03000 5
534.901 $
- $
44,5)5.M 5 -
5 49,0T5.64 $
98.506.43 5
T.295.n $
$ 61,402.85 $
IA20,)56]0
$ 235,WOA0 $
521,40000 $
- $
43.450W $ -
$ 51,650.57 $
95,193.8.3 $
7,051.39 $
$ 62.630.91 5
1016.38430
20M
$ 2W,OOI $
507j00.00 $
- 5
42,275,W $ -
$ 54,241.W S
91,706.88 $
"3.30 $ -
$ 63,883.53 $
1A16,300.00
2035
S 265,000110 5
492.300.00 $
- $
41,005.00 5
$ 59,401.35 $
88,045.57 5
6,521.89 5 -
$ 65,161.20 $
110171461.02
2036
5 MORI 5
476,400.00 $
- 5
39,710.0E $
$ 61,990.28 $
84,035.58 5
5,224.06 $
$ 66,464,12 5
1,014,815.14
2037
S 300,Mq.00 $
459,60000 $
$
381300.0] $
$ 67.156.14 $
79,951.23 S
5,914.91 $ -
$ 67.793.71 5
1,010,615.99
2038
S 315,000.00 $
441,600.00 S
- $
36,80090 $
5 72.322A0 S
75918.19 5
5579.13 $ -
$ 69,149,58 S
2,015,768.90
2039
5 335,000.00 $
422.]00.0] $
$
35,225.00 $
$ 77,407AS $
70,436A6 $
5,21752 $ -
$ ]0,532.5] 5
I,010,599.40
2040
$ 355,ndl $
402,600.00 $
- $
33,550P0 $
5 00,070.78 $
65,206.03 $
4,830.08 S -
5 71.943.23 $
1A13,200.11
2011
$ 3]S,BN.W 5
381,300.00 $
- $
31,775.00 $
$ $7,819.57 $
59,801.25 $
4,429.72 $
$ 73,38209 $
1,013,507.63
2042
$ 400,W2.00 $
358,800.00 $
- $
29,900.00 $
$ 92,995.42 $
53,873.43 $
3,990.62 $ -
$ ]4,849.]3 $
1,014,399.21
2043
5 425,00].00 $
334,880.00 $
- $
27.900.00 $
$ 98,151.26 $
47,596.91 $
3,525.70 5 -
$ 76,346.73 $
1,013,320.62
2M
$ 450,000.00 5
309,3W 00 $
- $
25.17500 $ -
$ 105,90.07 $
40.971.70 S
3,034.94 $ -
$ 77,073.66 $
1,012,855.37
2045
S 47S,00O.O0 5
282,302.00 $
- $
23,525.00 $ -
$ 113,648.85 5
33,823.45 $
2,506.44 $
$ 79,431.23 $
1,010,233.88
2046
5 505.000On 5
153,8(a].80 $
- S
21,15080 $ -
$ 121,397.64 $
26,252.15 $
1,937.20 5 -
$ B1p19.76 $
1,010,456.74
2047
$ 535,W0W 5
223,SW.00 $
- $
18,625.W $ -
5 129,146.42 5
17,957.81 5
1,33011 $ -
$ 82.640.15 $
1,008,19939
2.
5 S65,WOL0 $
191140"90 $
- $
]5... $ -
5 136,895.21 $
9.240.43 $
644.40 $(150,403A1)
$ 84,292.96 $
852,981.65
2049
$ E00,0110.00 $
157,50B.80 5
- 5
33,125.00 $ -
$ - $
- $
- 5 -
5 66.936.72 S
837.561.n
2054,
S 635,00000 5
121.500.00 $
$
101.S.M S -
$ - 5
5
- $ -
$ WMA6 S
834.900.46
2051
5 675.0D000 $
83,100.0E $
5
6.951 $ -
$ $
- $
- 5 -
5 69.64097 5
834.990.07
205$
$ ]]Spo010 $
42.900OO $
5
3,5]5.W S (760.60 1
5 5
$
5
5 ]1.033.]9 5
]1,90819
Tottl
S W,300,WOA0 5121951W W S
(61860aUral $ LOH,600Ao $ 1760,600.001
51,]9],]1811 $ Z038,68606 $ M.S92A7 $(ILSOX"11
S 3,005.069.]4 $
38,ON.SH.69
PoONeW:
)ajne Opuses shown clove area0mates only and subleet to Change In PnnualYMre Plan Updates.Uanp, In Annual Cnlleetlon USta,reserve fund requirements, Interest eaminy, or other avallatele offsets could
I marts. er decrease the smoulder shown.
(b) Interest on the Improvement Area M2 Band is alCuIII led at6W% for Illustrative purposes only.
le)Interest gate on the Major Ins provementArea Bond is tolCulated at the adval bond rate for the lssoance.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 3
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 3 PRINCIPAL ASSESSMENT: $29,425.29
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
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
'- To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in
accordance with Section 5.014(a-1), Tex. Prop. Code.
Signature Page to Initial Notice
of Obligation to Pay Improvement District Assessment
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20_.
Notary Public, State of Texas]3
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required
by Section 5.014 of the Texas Property Code including the current information required by
Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real
property at the address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 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 3
Annual
Installment'
Do. 1/31
2023
Principal ftdrmsls�
$ - 5
cApicallied
Interell
1.503.16 $ (1,503.16)
Additional
Interest Restwo
$ 125.26 5
Fund
-
Prm,mal Interest
$ 75.39 $
Additional
Interest
290.63 $
Resmrvm
27.68 $
Fund
Total Ano.al
CA lie" Ion Total
�'t' Installment"'
$ 119.15 $
Annual
638.31
2024
$ 340.52 5
1.503.16 $ -
5 125.26 $
-
$ 75.39 $
286.10 5
26.23 $
$ 120.72 $
2,479.40
20n
$ 364.05 $
1,482.73 $ -
$ 223.56 $
-
$ 81.67 $
281.58 $
20.80 5
-
$ 122.33 $
2,485.52
2026
$ 389.17 $
1,460.84 5 -
$ 121.74 5
-
$ 87.95 $
276.0 $
29.37 $
-
$ 123.95 $
2,489.70
2027
$ 401.33 $
1,437.49 $ -
$ 119.79 5
-
$ 87.95 $
271.40 $
29.96 $
-
$ 125.57 $
2,473.50
2028
$ 425.65 $
1,411.41 $ -
5 112.78 $
-
$ 94.24 $
266.12 $
30.56 5
-
$ 127.24 $
2,475.01
2029
$ 449.98 $
1,397.87 $ -
$ 115.66 $
-
$ 1W.52 5
260.47 $
31.12 $
-
$ 128.92 $
2,474.58
2030
$ 486.46 $
1,360.87 $ -
$ 113.41 $
-
$ 106.80 $
254.44 $
31.29 $
-
$ 130.61 $
2,484.38
2031
$ 510.78 $
2,331.68 $ -
$ 120.97 $
-
$ 113.08 $
247,23 $
32.43 $
-
$ 132.31 $
2,478.49
2032
$ 542.27 $
1,301.04 $ -
$ 108.42 $
-
$ 119.37 $
239.60 $
33.08 5
-
$ 134.02 $
2,482.79
2033
$ $71.59 $
1,268.20 $ -
$ 105.68 $
-
$ 125.65 $
231.54 $
33.74 5
-
$ 135]5 $
2,472.15
2034
$ 608.08 $
1.233.91 5 -
5 102.83 $
-
$ 131.93 $
223.06 IS
34A1 $
-
$ 137.49 $
2,471.70
2035
$ 644.56 S
1,197.42 $ -
$ 99.79 $
-
$ 144.50 $
214.15 $
35.10 $
-
$ 139.25 $
2,474.]]
2036
5 68L04 $
1,158.75 $ -
5 96.56 5
-
5 150.78 5
204.40 $
35.80 $
-
5 141.00 $
2,469.34
2037
$ 729.69 $
1,117.89 $ -
$ 93.16 $
-
$ 163.84 $
194.22 $
36.52 5
-
$ 142.76 $
2.422.58
2038
$ ]66.1] 5
1,074.10 S -
$ 89.51 $
-
$ 175.92 $
183.20 $
37.25 $
-
$ 144.51 $
2.42066
2039
$ 814.82 $
1,028.13 $ -
$ 85.68 5
-
5 lil $
171.32 $
38.00 $
-
$ 146.25 $
2.472.68
2040
$ 863.47 $
979.24 $ -
$ 81.60 $
-
$ 194.76 $
158.60 $
3876 $
-
$ 147.98 $
2,464.41
2041
$ 912.11 $
927.44 $ -
$ ]].29 $
-
$ 213.60 $
145.45 $
39.53 $
-
5 149.73 $
2,465.16
2042
$ 972.92 $
872.71 $ -
5 ]2.]3 $
-
$ 226.17 $
131.04 $
40.32 $
-
$ 151.44 $
2,467.32
2043
$ 1,033.73 $
814.33 $ -
$ 67.86 $
-
$ 233.73 $
115.]] $
41.13 $
-
$ 153.15 $
2,464.70
20"
$ 1,094.54 $
752.31 $ -
$ 62.69 $
-
$ 257.58 $
99.66 $
41.95 $
-
$ 154.84 $
2,463.57
20l
$ 1,155.34 $
686.64 $ -
$ 57.22 $
-
$ 276.43 $
82.27 $
42.79 $
-
$ 156.51 $
2,457.19
2046
$ 1,228.31 $
612.32 $ -
5 51.44 $
-
$ 295.28 $
63A1 $
43.64 $
-
$ 158.13 $
2,45].]3
2047
$ 1,301.28 $
543.62 $ -
$ 45.30 $
-
$ 314.22 $
43.68 $
44.52 $
-
$ 159.72 $
2,452.24
2048
$ 1.374.25 $
465.54 $ -
5 38.80 $
-
$ 332.97 $
22.48 5
45.42 5
(366.02)
5 161.28 $
2,024.71
2049
$ 1,459.38 $
383.0 $ -
$ 31.92 $
-
$ - $
- $
- $
-
$ 162.81 $
2,037.20
2050
IS 11544.51 5
295.52 $ -
$ 24.63 5
-
$ - $
- 5
- $
-
$ 166.07 $
2,030.23
2051
$ 11641.80 $
201.e5 $ -
$ 16.90 $
-
$ - $
- $
- $
-
$ 169.39 $
2,030.95
2052
$ 1,739.10
104.35 $
$ 9.70 $
(1,850.03)
$ $
$
$
$ 122.78 $
174.90
Total
$ 2s,052]0 $ 29,905.63 $ (1,503-16)
$ 2,492.14 $
1,850.81)
$ 6,3]2.59 $
4.958.70 $
931.93 $
(366.021
$ 4,315.67 $
68,310.26
Footnotes:
(a] The figures shown above are estimates only and subject to change In Annual Service Plan Updates. Changes in Annual Collection Casts, reserve fund requirements, Interest earnings, orother
available offsets could Increase or decrease the amounts shown.
Us Interest on the Improvement Area 42 Band Is calculated at 6.00 t For illustrative purposes only.
(c) Interest Rate on the Major Improvement Area Bond is calculated at the actual bond rate for the Issuance.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 4
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING1 RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 4 PRINCIPAL ASSESSMENT: $33,348.66
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the
Current Information of Obligation to Pay Improvement District Assessment.
[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
'- To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in
accordance with Section 5.014(a-1), Tex. Prop. Code.
Signature Page to Initial Notice
of Obligation to Pay Improvement District Assessment
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS
COUNTY OF
The foregoing instrument was acknowledged before me by
and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20_.
Notary Public, State of Texas]3
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required
by Section 5.014 of the Texas Property Code including the current information required by
Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real
property at the address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 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 4
Annual
Installment,
Due 1/31
2023
Principal
$ - $
(upitalacd
Interest
1,703.58 $ (1,703.58)
Bond
Additional
Interest Re,wree
$ 141.92 $
Fund
Major
Pri-I,al Interest
$ 85.44 $
Improvement
Additional
1-1 Interest
329.38 $
Area Bond
Reserve
31.37
Fund
Total An ... I
C.11I Total
Costs Installment"'
Annual
2024
$ 385.93 $
1,703.58 $ -
$ 141.99 $
$ 85.44 $
324.25 $
32.00 $
-
$ 136.82 $
2,809.98
202$
$ 413.49 $
1.680.43 $ -
$ 140.04 $
-
$ 92.56 $
319.12 $
32.64 $
-
$ 138.64 $
2.816.92
2026
$ 441.06 $
1,655.62 $ -
$ 132.92 $
-
$ 99.68 $
313.52 $
33.29 $
-
5 140.42 $
2,021.66
2022
$ 454.84 $
1.629.16 $ -
$ 135.26 5
-
$ 99.68 $
302.59 $
33.95 $
-
$ 142.32 $
2,60330
2028
$ 482.41 5
1,01.86 $ -
$ 133.49 $
-
$ 106.80 $
301.61 $
34.0 $
-
5 144.20 $
2,805.01
2029
$ 50992 $
1572.92 $ -
$ 131.08 $
-
$ 113.92 $
295.20 $
35.33 $
-
$ 146.11 $
2,80452
2030
5 551.32 $
1,542.32 5 -
$ 128.53 $
-
$ 121.04 5
289.36 $
36.03 $
-
$ 148.02 5
2,815.63
2031
$ 578.89 $
1,509.24 $ -
$ ]25.22 5
-
$ 128.16 $
280.19 $
36.25 $
-
$ 149.95 $
2JX8.96
2032
$ 620.24 $
1,474.51 $ -
$ 122.88 $
-
$ 135.28 $
221.54 $
32.49 $
-
$ 151.89 $
2,813.83
2033
$ 64290 $
1.43730 $ -
$ 119.77 $
-
$ 142.40 $
262.41 $
3814 $
-
$ 153.85 $
2,80171
2034
$ 689.15 $
1,398.43 $ -
$ 116.54 $
-
$ 149.52 $
252.80 $
39.00 $
-
$ 155.83 $
2,801.26
2035
$ 230.50 $
1,352.03 $ -
$ 113.09 $
-
$ 163.26 $
242.71 $
39.78 $
-
$ 152.92 $
2,804.74
2036
$ 221.85 $
1,313.25 $ -
$ 109.44 $
-
$ 120.88 $
231.65 $
40.58 $
-
$ 159.80 $
2,797.45
2032
$ 826.9E $
1.266.94 5 -
$ 105.58 $
-
$ 185.12 $
220.12 $
41.39 $
-
$ 161.80 $
2.807.92
2039
$ 868.33 $
1,217.32 $ -
$ 101.44 $
-
$ 199.36 5
202.62 $
42.22 $
-
$ 163.78 $
2,800.00
2039
$ 923.46 $
1.165.22 $ -
$ 92.10 $
-
$ 213.60 $
194.10 $
43.06 $
-
$ 165.75 $
2,802.37
2040
$ 928.60 $
1.109.91 $ -
$ 92.48 $
-
IS 220.72 $
129.25 $
43.92 $
-
$ 162.21 $
2J93.00
2041
$ 1,033.73 $
1,053.09 $ -
$ 82.59 $
-
$ 242.08 $
164.85 $
".in $
-
$ 169.20 $
2,293.84
2042
$ 1,102.64 $
989.02 $ -
$ $2.42 $
-
$ 25612 $
149.51 $
45.70 $
-
$ 171.63 $
2,796.30
2043
$ 1,171.56 $
922.91 $ -
$ 26.91 $
-
5 220.56 5
131.21 $
46.61 $
-
5 123.52 5
2,793.33
2044
$ 1,240.47 $
852.62 $ -
$ 21.05 $
-
$ 291.92 $
112.94 $
42.54 $
-
$ 125.49 $
2,792.04
2045
$ 1,301 $
220.19 $ -
$ 64.85 $
-
$ 313.29 $
93.24 $
49.49 $
-
$ 122.32 $
2,784.82
2046
$ 1,392.09 $
699.63 $ -
$ 58.30 $
-
$ 334.65 $
22.09 $
49.46 $
-
$ 129.22 $
2,285.43
2042
$ 1,424.79 $
616.10 $ -
$ 51.34 $
-
$ 356.01 $
49.50 $
50.45 $
-
$ 181.02 $
2,219.21
204E
$ 1,557.48 $
522.61 $ -
$ 43.92 $
-
$ 3A32 $
25.42 $
51.46 $
(414.82)
$ 192.79 $
2.351.34
2049
$ 1.653.96 $
434.12 $ -
$ 36.18 $
-
$ - $
- $
- $
-
$ 18432 $
2,309.83
2050
$ 1,750.45 $
334.93 $ -
$ 22.91 $
-
$ - $
- $
- $
-
$ 188.21 $
2,301.49
2051
$ 1,860.71 5
2n.90 $ -
$ 19.16 $
-
$ - $
- $
- $
-
5 191.92 $
2,301.74
2052
$ 1,970.97 $
118.26 $
$ BUTS 5
(21096.610
$ $
$
$
5 195.81 $
198.22
Trial
$ 28,393.06 $
33,893.04 $ 11,703.58)
$ 2,824.42 5
(2,096.68)
$ 4,955.60 $
5,619.B6 $
1,056.18 $
(410_t2
$ 4,891.09 5
T2,411.18
F.0tes:
)al 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.
Cal Interest on the Improvement Area 02 Bond Is calculated at 6.00%for Illustrative purposes only.
)c] Interest Rate on the Major Improvement Area Minis calculated at the actual bond rate for the Issuance.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 5
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
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
STREET ADDRESS
LOT TYPE 5 PRINCIPAL ASSESSMENT: $43,157.09
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
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:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20_.
Notary Public, State of Texas]3
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required
by Section 5.014 of the Texas Property Code including the current information required by
Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real
property at the address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 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 5
An " ..I
I 11M.P.
a�r 1/31
Principal Interest
Capitalized
"I Interest
Additional
Interest Reserve
Fund
Principal Inte,est'c'
Additional
Interest Reserve
Fund
Total Annual
Collection Total
costs Instal
Annual
2023
$ - $
2,204.64 $ (2.204.641
5 193.72 $
-
5 110.57 $
426.25 $
40.59 $
2024
$ 499.43 $
2,204.64 $ -
$ 183.72 $
-
$ 110.57 $
419.62 $
41.41 $
-
$ 1n.06 5
3,636.45
2025
$ 535.11 $
2.174.67 $ -
$ 181.22 $
-
$ 119.79 $
412.99 $
42.23 $
-
$ I79.42 5
3,645.42
2026
5 570.78 5
2,142.S7 $ -
$ 178.55 $
-
$ 129A0 5
405.80 $
43.08 $
-
$ 181.79 $
3,651.56
2027
$ 508.62 $
2,108.32 $ -
$ 175.69 $
-
$ 129.00 $
398.06 $
43.94 $
-
$ 184.17 $
3,627.00
2028
$ 624.29 $
2,073.00 5 -
5 172.75 $
-
$ 138.21 $
390.32 $
44.82 $
-
$ 186.62 $
3,630.01
2029
$ 659.96 $
2,035.54 5 -
5 16%63 $
-
$ 247.43 $
382.02 $
45.72 $
-
$ 189.08 $
3.629.38
2030
5 213.47 $
1,995.95 5 -
5 166.33 $
-
$ 156.64 5
373.18 $
46.63 $
-
5 191.55 $
3,643.75
2031
$ 249.15 $
1,953.14 $ -
$ 162.76 $
-
$ 165.86 $
362.60 $
47.56 5
-
$ 194.05 5
3,635.12
2032
$ 802.66 $
1,908.19 $ -
$ 159.02 $
-
5 125.02 $
351.41 $
48.51 $
-
$ 196.56 5
3,"L,12
2033
5 838.33 $
1,8 0.03 $ -
5 155A0 5
-
5 184.29 $
339.59 5
49.40 5
-
5 199.10 $
3,6n.03
2034
$ 891,84 $
1,809.73 $ -
$ 150.81 5
-
$ 193.50 $
327.15 $
50.47 $
-
$ 201.66 $
3,625.17
2035
$ 945.35 $
1,756.22 $ -
$ 146.35 $
-
$ 211.93 $
314.09 $
$1.48 $
-
$ 204.24 $
3,629.66
2036
$ 990.86 $
1,699.50 $ -
5 141.62 $
-
$ 221.14 $
299.79 $
52.51 $
-
$ 206.80 $
3,620.23
2037
$ 1,070.21 $
1,639.57 $ -
$ 136.63 $
-
$ 239.57 $
284.86 $
53.56 $
-
$ 209.38 $
3,633.78
2038
$ 1,123.72 $
1,575.35 $ -
$ 131.28 $
-
$ 258.00 $
268.69 $
54.63 $
-
$ 231.95 $
3,623.63
2039
$ 1,195.07 $
1,507.93 $ -
$ 125.66 $
-
$ 276.43 $
251.27 $
55.73 $
-
$ 214.50 $
3,626.59
2040
$ 1.266.42 $
1,436.23 $ -
5 119.69 5
-
$ 285.64 $
232.61 $
56.84 $
-
$ 217.04 5
3,614.46
2041
$ 1,337.T $
1,3fi0.24 $ -
$ 113.35 $
-
$ 313.29 $
213.33 $
57.98 $
-
$ 219.61 $
3,615.56
2042
$ 1,426.95 $
1.279.97 $ -
$ 106.66 $
-
$ 331.73 $
192.19 $
59.14 $
-
$ 222.12 $
3,618.74
2043
$ 1,516.13 $
1,194.36 $ -
$ 99.53 $
-
$ 350.14 $
169.80 $
60.32 $
-
$ 224.61 $
3,614.89
2044
$ 1,605.32 $
1,103.39 $ -
$ 91.95 $
-
$ 3n39 $
146.16 $
61.53 $
-
$ 222.10 $
3,613.23
2045
$ 1,694.50 $
1,007.0 $ -
$ 83.92 $
-
$ 405.43 $
120.66 $
62.76 $
-
$ 229.54 $
3,603.88
2046
$ 1,801.52 $
905.40 $ -
$ 75.45 $
-
$ 433.07 $
93.29 $
fi4.01 $
-
$ 231.93 $
3,604.68
2047
$ 1,908.55 $
797.31 $ -
$ 66.44 $
-
$ 460.71 5
64.06 $
65.29 $
-
$ 234.26 $
3,596.63
2048
$ 2,015.57 $
6g200 $ -
$ 56.90 5
-
$ 488.36 5
32.96 $
66.60 $
(536.82)
$ 236.55 $
3,04291
2049
$ 2,140.42 $
561.86 5 -
$ 46.82 $
-
$ - $
- $
- $
.
$ 238.79 $
2,987.90
2050
$ 21265.28 $
433.44 $ -
$ 36.12 $
-
$ - $
- $
- $
-
$ 243.56 $
2,979.40
2053
$ 2,40298 $
292.52 $ -
$ 24.79 $
-
$ - 5
- 5
- 5
-
5 248.44 $
2,979.73
2052
$ 2,5501- $
153.04 $
$ 12.75 $
(2,7.3.35
$ 5
$
5
$ 253.40 $
256,53
Total
$ 3fi,2439fi $
43,B6L59 $ (2,2o4.fi4)
$ 3.655.13 $
12,213.H
9 6,4U.13 $
J,222.2fi $
1,366.83 $
(536.02)
$ 6,329.65 $
300,189.24
FOOMbt05:
[a] The figures shown above are estimates only and subject to change In Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, Interest earnings, or
When available offsets could Increase or decrease the amounts shown.
jb] Interest on the Improvement Area 42 Bond Is calculated at 6A0%for Illustrative purposes only.
[c[ Interest Rate on the Major Improvement Mes Bond is calculated at the actual bond mon For the to,mmoe.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 6
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 6 PRINCIPAL ASSESSMENT: $47,080.47
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
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
2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in
accordance with Section 5.014(a-1), Tex. Prop. Code.
Signature Page to Initial Notice
of Obligation to Pay Improvement District Assessment
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20.
Notary Public, State of Texas]3
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required
by Section 5.014 of the Texas Property Code including the current information required by
Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real
property at the address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this
Notary Public, State of Texas]'
4 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
/_�I►1�1_[ ► i1s��II►VA14►kOmtilaWd2:91
Annual
Tona! Annual
'ue 1/31
2023
P'Ir6'.I Irrm't
$ - $
Capitalized
U
2.405.06 $
Additional
Interest Interest
(2,405.061 5
Reserve
200E2 $
Fund
-
Pfinci,l Intehaddi
$ 120.62 $
Addriol'al
11,21-t
�5,00 $
r ......
44.28 $
1-ej
-
C .1 e"1.n Total
rots InsM11mort"'
$ 190.65 $
Annual
1,020.98
2024
$ 544.84 $
2.405.06 5
- 5
20042 $
-
$ 120.62 5
452.12 $
45.12 $
-
$ 193.16 $
3,967.03
2025
$ 583.75 $
2,37237 $
- $
197.70 $
$ 130.68 $
450.53 $
46.0 $
-
$ 195.73 $
3,976.83
2026
$ 622.62 $
2,332.34 $
- $
194.78 $
$ 140.73 5
442.69 $
46.99 $
-
$ 19832 $
3,983.52
2027
$ 642.13 $
2.299.98 5
- $
191.67 $
-
$ 140.73 $
434.24 $
47.93 $
-
$ 200.92 $
3,957.0
2028
$ 601.04 $
2,261.46 $
- $
188.45 $
-
$ 150.28 $
425.90 $
48.89 $
-
$ 203.58 $
3,960.01
2029
$ 719.96 $
2,220.59 $
- $
185.05 $
-
$ 160.83 $
416.75 $
49.82 $
-
$ 206.22 $
3,959.33
20M
$ 128.34 $
2,121.40 $
- $
18145 $
-
$ 120.99 $
407.10 $
50.82 $
-
$ 208.92 $
3,975.01
2031
$ 812.25 $
2,130.70 $
- $
129.56 $
-
$ 180A3 $
395.52 $
51.89 $
-
$ 211.69 $
3,965.59
2032
$ 825.63 $
2,081.66 $
- S
123.47 $
-
$ 190.99 $
383.36 $
52.92 $
-
5 214.43 $
3,972.46
2033
$ 914.55 $
2,029.12 5
- $
169.09 $
-
$ 201.0t $
320.46 $
53.98 $
-
$ 217.20 $
3,955AS
2034
$ 922.92 $
1,974.25 $
- $
164.52 $
-
$ 211.C9 $
356.89 $
55.06 $
-
$ 20.99 $
3,954.73
2035
$ 1,031.30 $
1,915.87 $
- $
159.66 $
-
$ 231.19 $
342.65 $
56.16 $
-
$ 222.80 $
3,959.63
2036
$ 1,089.67 5
1.854.00 $
- $
154.50 $
-
$ 241.25 $
322.04 $
52.29 $
-
$ 225.60 $
3,949.34
2032
$ 1,167.50 $
1,288.62 $
- $
149.05 $
-
$ 261.35 $
310.76 $
SBA3 $
-
$ 228.42 $
3,961.13
2038
$ 1,225.88 $
1,718.57 $
- $
143.21 $
-
$ 281AS $
293.11 $
59.60 $
-
$ 231.22 $
3,95105
2039
$ 1,303.71 $
1,645.01 $
- $
132.08 $
-
$ 301.56 $
224.12 $
60.79 $
-
$ 234.00 $
3,956.28
2040
$ 1,381.55 $
1,566.79 $
- $
130.57 $
-
$ 311.61 $
253.76 $
62.01 $
-
$ 236.21 $
3,943.05
2041
$ 1,45938 $
1,493.90 $
- $
123.66 $
-
$ 341.77 $
232.73 $
63.25 $
-
$ 239.52 $
3,944.25
2042
$ 1,556.67 $
1.396.34 $
- $
116.36 $
-
$ 361.82 5
209.66 $
64.51 $
-
$ 242.31 $
3,947.72
2043
$ 1,653.96 $
1,302.93 $
- 5
108.58 $
-
5 391.92 $
185.23 $
65.80 $
-
$ 245.03 $
3,943.52
2044
$ 1,751.26 $
1,203.70 $
- $
100.31 $
-
$ 412.13 $
159.45 $
67.12 $
-
$ 242.25 $
3,941.71
2045
$ 1,849.55 $
1,098.62 5
- $
91.55 $
-
$ 442.29 $
131.63 $
68.46 $
-
$ 250.41 $
3.931.51
2046
$ 1,96530 $
982.21 $
- $
82.31 $
-
$ 422.44 $
101.28 $
69.83 $
-
$ 253.01 $
3,932.38
2041
$ 2,082.05 $
869.79 $
- $
12.48 $
-
$ 502.60 $
69.89 $
21.23 $
-
$ 255.56 $
3,923.59
20W
$ 2,198.80 $
144.82 $
- $
62.02 $
-
$ 532.75 $
35.96 $
22.65 $
(585.63)
$ 258.05 $
3.319.0
2049
$ 2,335.01 $
612.94 $
- $
51.08 $
-
$ - $
- $
- $
-
$ 260.50 $
3,25952
2050
$ 2,471.22 $
472.04 $
- $
39.40 $
-
$ - $
- $
- $
-
$ 265.71 $
3,249.17
2051
$ 2,626.89 $
324.52 $
- $
22.05 $
-
$ - $
- $
- $
-
$ 27102 $
3,249.52
1112
$ 2,182.55 $
111.11 $
$
1191 5
12.BE 11
$ $
$
$
5 226.d4 $
219.85
Total
$ 40,081.32 5
4T,849.00 5
12A05.06) $
3,98T.42 $
(2,960.011
$ 6,996.15 $
7,933.92 $
1A91.00 $
1505.63
$ 6,90s.02 $
109,296.26
Footnotes:
Is] The figures shown above are estimates only and subject to change In Annual Servlce Plan Updates. changes In Annual Collection Costs, reserve fund requirements, Interest earnings, or
other available offsets could Increase or decrease the amounts shown.
[b] Interest 0n the Improvement Arco 02 Bond Is calculated at 6.00%for Illustrative purposes only.
Ic1 Interest Bate on the Major Improvement Area Bond is calculated at the actual band rate for the issuance.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT BUYER DISCLOSURE LOT
TYPE 7
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
1) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF ANNA, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
LOT TYPE 7 PRINCIPAL ASSESSMENT: $51,003.84
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Anna, Texas, for the costs of a portion of a public improvement or services
project (the "Authorized Improvements") undertaken for the benefit of the property within
Hurricane Creek Public Improvement District (the "District") created under Subchapter A,
Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from City of Anna. The exact
amount of each annual installment will be approved each year by the Anna City Council in the
annual service plan update for the District. More information about the assessments, including
the amounts and due dates, may be obtained from City of Anna.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County when updating for the
Current Information of Obligation to Pay Improvement District Assessment.
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above.
DATE:
SIGNATURE OF PURCHASER
DATE:
SIGNATURE OF PURCHASER
The undersigned seller acknowledges providing this notice to the potential purchaser
before the effective date of a binding contract for the purchase of the real property at the address
described above.
DATE:
SIGNATURE OF SELLER
DATE:
SIGNATURE OF SELLER]2
2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in
accordance with Section 5.014(a-1), Tex. Prop. Code.
Signature Page to Initial Notice
of Obligation to Pay Improvement District Assessment
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS §
COUNTY OF §
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 20_.
Notary Public, State of Texas]3
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the
closing of the purchase and sale and to be recorded in the deed records of Collin County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required
by Section 5.014 of the Texas Property Code including the current information required by
Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real
property at the address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this , 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 7
Ton! Annual
Due 1/31
20B
,1 'C:1'I I'llerest
$ . S
lnt�r,t Interest
2,605AS $ (2.605.48) $
Reserve
217.12 $
Fund
-
Prmll,rl ime's"
5 130.68 $
interest
503.75 5
Rs,,,rve
47.97 5
le�d
-
costs 1.1tellm,
$ 206.54 $
1,106.Ofi
2024
$ 590.24 $
2,665.48 $
- 5
21712 $
-
5 130.68 $
495.91 $
48.93 5
-
5 209.25 $
4,297.62
2025
$ 632.40 S
2.570.07 $
- $
214.17 $
-
$ 141.56 $
488.07 $
49.91 $
-
5 212.04 $
4,308.23
2026
$ 674.56 $
2.532.12 $
- $
211.01 $
-
$ 152.45 $
479.58 $
50.91 $
-
$ 214.84 $
4,315.48
2027
$ 695.64 $
2,491.65 $
- $
207.64 $
-
$ 152.45 $
470.43 $
51.93 $
-
$ 217.66 $
4,287.40
2028
$ 737.80 $
2,449.91 $
- $
204.16 $
-
$ 163.34 $
461.28 $
52.97 $
-
$ 220.55 $
4,290.01
2029
$ 779.96 $
2,40.64 $
- $
200.47 $
-
$ 174.23 $
451.49 $
54.03 $
-
$ 223.46 $
4,289.27
2030
$ 843.20 $
2,358.85 S
- S
196.57 5
-
$ 185.22 $
441.03 $
55.11 $
-
$ 226.38 5
4.306.26
2031
$ $85.36 $
2,308.25 $
- $
192.35 $
-
$ 196.01 $
428.53 $
56.21 $
-
S 229.33 5
4.296.05
2032
$ 948.60 $
2,255.13 $
- $
187.93 $
-
$ 206.90 $
415.30 $
57.33 $
-
$ 232.30 $
4,303.50
2033
$ 990.76 S
2.198.22 $
- 5
183.18 $
-
$ 217.79 $
401.34 $
58.48 $
-
$ 235.30 $
4,285.07
2034
$ 1,054.00 $
2,139.77 $
- $
178.23 $
-
$ 228.68 $
386.64 $
59.65 $
-
$ 238.32 S
4,284.29
2035
$ 1,117.24 $
2,075.53 $
- $
172.96 $
-
$ 250.46 $
371.20 $
60.84 $
-
$ 241.37 $
4,289.50
2036
S 1,120.48 $
2,008.50 $
- $
167.37 $
-
$ 261.35 $
354.29 $
61.06 $
-
$ 244.40 $
4,278.45
2037
$ 1,264.80 $
1,937.67 $
- 5
151.47 $
-
S 283.13 $
336.65 $
63.30 $
-
5 247.45 $
4,294.47
2038
S 1,328.04 $
1,86179 $
- $
155.15 5
-
$ 304.91 $
327.54 $
64.57 S
-
5 250.49 $
4.282.47
2039
S 1,422.36 5
1,702.20 $
- $
14&51 $
-
$ 326.69 $
296.96 5
65.96 $
-
$ 253.50 $
4,28597
2040
$ 1,496.68 $
1,697.36 S
- $
141.45 $
-
$ 357.58 S
274.91 $
67.18 S
-
$ 256.50 $
4,271.64
2041
$ 1,581.00 $
1,607.56 S
- $
133.96 $
-
$ 370.25 S
252.12 $
68,52 $
-
$ 259.53 $
4,272.94
2042
$ 1,686.40 $
1,512.70 S
- $
126.06 $
-
$ 392.03 $
227.13 $
69.89 $
-
$ 262.50 $
4,276.70
2043
$ 1,791.80 5
1,412.51 S
- $
317.63 5
-
$ 413.90 $
200.67 $
71.29 $
-
$ 265.45 $
4,272.15
2044
$ 1,897.19 $
1,304.01 $
- $
108.67 $
-
$ 446.47 $
172.74 $
72.71 S
-
$ 268.40 $
4,270.19
2045
$ 2,002.59 $
1.190.17 S
- $
99.18 S
-
$ 479.14 $
142.60 $
74.17 $
-
$ 271.28 $
4,259.13
2046
$ 2.129.07 S
1,070.02 $
- $
89.17 S
-
$ 511.81 $
110.26 $
75.65 S
-
$ 274.09 $
4,260.07
2047
$ 2.255.55 S
942.27 $
- $
78.52 S
-
$ 544.48 $
75.71 5
n.16 $
-
$ 276.85 S
4,250.56
2048
$ 2.392.03 $
806.94 $
- $
67.25 $
-
S 5A.15 $
38.96 5
78]1 $
(634.43)
$ 279.56 S
3,596.26
2049
$ 2,529.59 $
664.02 $
- $
55.33 $
-
$ - $
- $
- $
-
$ 282.20 $
3,531.15
2050
$ 2,677.15 $
512.24 $
- $
42.69 $
-
S - $
- 11
- $
-
$ 287.85 $
3,519.93
2051
$ 2,845.79 $
351.61 $
- 5
2930 $
-
$ - $
- $
293.61 $
3,520.31
2052
$ 3,014.43 $
180.87 $
$
15.07 $
(3,206.68)
$ $
$
$
5 299.48 $
303.17
Total
$43,434.68 $ 51,83fi.42 $ 2,605.48) $
4,319.]0 $
13.206.fi8)
$ 7,579.16 $
8,595.08 $
1,615.34 $
(fi3I.93)
$ ]peoA9 $ 118,40418
Footnotes:
(a] The figures shown above are estimates only and subject to change in Annual Service Plan 0pdates, Changes In Annual Collection Costs, reserve fund requirements, interest eamings, or
other available offsets could Increase or decrease the amounts shown.
(b] Interest an the Improvement Area g2 Bond 15 calculated at 6.00%for Illustrative purposes only.
Ic] Interest Rate on the Major Improvement Area Bond Is calculated at the actual bond rate for the Issuance.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
ASSESSMENT COLLECTION SERVICES AGREEMENT
THIS AGREEMENT is made and entered into this 1st day of August, 2023 by and
between County of Collin (hereinafter called "County"), a political subdivision of the State
of Texas, and Hurricane Creek Public Improvement District Improvement Area
No. 2; (here -after called "Assessment Entity"), a duly organized and existing PID, under
the laws of the State of Texas, each acting herein by and through its duly authorized
officials.
RECITALS
1. The parties to this Agreement wish to consolidate the collection of the PID
assessment into one agency, the Collin County Tax Assessor Collector.
2. The parties enter in this Agreement in order to eliminate the duplication of
the system for collection of the PID assessment and to promote efficiency.
3. Therefore, under the authority of sections 6.23 and 6.24, Texas Property
Tax Code and the Interlocal Cooperation Act, Texas Government Code
Chapter 791 the parties agree as follows:
SECTION 1 DEFINITIONS
1.01 Assessment Collection Services. The term "Assessment Collection
Services" shall include preparation and mailing of the PID
Assessments, assessed by the Assessment Entity, correction of found
clerical errors in assessments, collection of assessment liabilities,
maintenance of a list of delinquent assessments, and issuance of
refunds. Assessment Collection Services do not include appraisal of
property.
1.02 Current Assessments. The term "Current Assessments" shall mean
those assessments legally due and payable to the Assessment
Entity without penalty and interest.
1.03 Delinquent Assessments. The term "Delinquent Assessments" shall mean
the property assessments that have not been paid to the Assessment
Entity on or before January 31 st of any given year and on which
penalty and interest are now due.
SECTION 2 TERM
2.01 Term. The term of this Agreement shall commence on August 01, 2023 and
shall continue in full force and effect until September 30, 2024. Thereafter,
Page 1 of 9
this Agreement shall automatically renew annually for an additional one (1)
year term without the necessity of any action by the parties.
2.02 Termination. Either party may terminate this Agreement by giving ninety (90)
Days written notice to the other party.
SECTION 3. SERVICES
3.01 Services to be Performed. The County agrees to provide assessment
collection services to the Assessment Entity. The Assessment Entity
agrees that all collections, assessments, penalties, interest, and attorney
fees are to be in accordance with the Texas State Property Tax Code, as
amended. The county's delinquent tax attorney will represent the interests
of the Assessment Entity.
3.02 Tax Bills. By August 31 st of each year the Assessment Entity shall
provide the County with the Assessment Roll and a copy of the
Resolution/Ordinance adopting the annual fixed rate assessment for that
year. Failure to supply the Assessment Roll for any given year by said
date, will result in a late processing fee of Five Thousand Dollars
($5,000.00) plus an additional per statement fee, equal to the costs of
printing and mailing all statements. The County agrees to prepare
consolidated tax and assessment bills for each taxpayer. The tax bill
shall include taxes and assessments owed to all taxing units to which
the taxpayer owes taxes and assessments, except those units which
have not been contracted with the County for tax collection services.
The County will mail such tax and assessment bills to the property
located within the Assessment Entity by October 1st of each year, or as
soon thereafter as practicable.
The Assessment Roll should be in the format as required by the Tax
Assessor Collector. It shall be delivered to the Tax Assessor Collector
and the Property Tax Collection Supervisor via e-mail. The annual
Assessment Roll is to be accompanied by the Governing Body's
Resolution/Ordinance for the assessment.
SECTION 4 PAYMENTS
4.01 Rate of Payment. The Assessment Entity shall pay the County for
Assessment Collection Services at a rate of Five Hundred Dollars
Page 2 of 9
($500.00) per year, and Three Dollars ($3.00) per non-exempt
parcel per year for parcels on the Assessment Entity's tax roll during
the term of this Agreement plus any late processing fees and other
required services, as indicated in Section 3.02 and section 7, If there
is a fee from the property tax software provider for setting up the entity
and loading the file in the first year of the contract, the fee would be
paid by the Assessment Entity.
4.02 Method of Payment. The County shall withhold from the assessment
collected under this Agreement the amount of money necessary to
pay for assessment collection services at the rate indicated in Section
4.01 from the December collections. The Assessment Entity shall not
be entitled to receive any assessments collected for a tax year until
the County has withheld the total amount of compensation under
Section 4.01 for that year.
4.03 Proration of Payment. If this Agreement is terminated during the original
term or any annual term prior to the time that the County has withheld
sufficient funds pursuant to Section 4.02 to aggregate the amount of
payment set forth in Section 4.01, the County's compensation for
assessment collection services for the original term or a renewed term
shall equal the amount set forth in Section 4.01, if the tax statement,
including the assessment for the year, has been printed.
SECTION 5 REMITTANCE OF COLLECTION
The assessment collected by the County for the Assessment Entity shall
be remitted to the Assessment Entity after the proper amount of payment,
as set out in Section 4, and any taxpayer refunds have been withheld.
Assessments collected shall be remitted to the Assessment Entity within
seven (7) days from the date they are received by the County Tax Office.
SECTION 6 ADMINISTRATIVE PROVISIONS
6.01 Records. The Assessment Entity, or its representatives designated in
writing, upon reasonable notice is authorized to examine the records
to be kept by the County in the performance of this Agreement at
mutually convenient times and intervals. Such books and records will
be kept in the offices of the Collin County Tax Assessor Collector.
Page 3 of 9
6.02 Assessment Entity Records. The Assessment Entity agrees to transfer
to the possession and control of the County, without charge, copies of
all records necessary for the performance of the duties and
responsibilities of the County pursuant to this Agreement. These
records shall include all assessment records, including assessment
rolls or records available to the Assessment Entity, as required by the
County Tax Assessor Collector.
6.03 Surety Bond. If the Assessment Entity requires the County to obtain a
surety bond for the Tax Assessor Collector, the Assessment Entity agrees
to pay the premium for such bond.
6.04 Audits. The County, upon reasonable notice, agrees to allow an audit
of the assessment records at a mutually convenient time. A copy of the
audit results shall be furnished to the County. The Assessment Entity
will pay the cost of the audit.
6.05 Deposits of Assessments. The County agrees to deposit assessments
collected under this Agreement into such depository as is designated by
the Assessment Entity in writing.
6.06 Assessment Entity Contacts: The name, phone number, and e-mail address
of a person who can answer taxpayer's questions about the Assessing Entity
and assessments will be provided to the Collin County Tax Assessor -
Collector within ten (10) business days from the execution of this Agreement.
The name, phone number and e-mail address of a person who can answer
the Tax Assessor Collector, or their staff, questions relating to the fund
transfers, and other operational topics will be provided to the Collin County
Tax Assessor -Collector within ten (10) business days from the execution of
this Agreement.
SECTION 7 CORRECTED BILLING SERVICES
In the event that the Assessment Entity's fixed rate assessment changes
after the County begins collections for the Assessment Entity in any
given year, the County will continue to act for the Assessment Entity in
providing refunds to taxpayers or sending corrected billings. A change
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in the Assessment Entity's fixed rate assessment will result in
a late processing fee, that may be in addition to any applicable
late processing fee pursuant to Section 3.02, of Five Thousand
Dollars ($5,000.00), plus an additional per statement fee, equal
to the costs of printing and mailing all statements. The
Assessment Entity will provide to the County, a corrected
Ordinance approving any changes to the fixed rate assessment
or assessment roll.
SECTION 8 REFUNDS
Refunds to property owners authorized by the Assessment Entity will be
made on the same check for all taxing units contracting for tax and
assessment collection services. Circumstances on which refunds may
be based include, but are not limited to; clerical errors, and
overpayments. The amounts refunded by the County for the
Assessment Entity shall be paid by the County from assessment
collections on hand for the Assessment Entity after the County's
compensation is withheld pursuant to Section 4 of this Agreement. If
assessment collections for the Assessment Entity in the County's
possession are insufficient to pay for a refund, the County shall notify the
Assessment Entity of the deficiency, and the deficiency amount shall be
paid by the Assessment Entity to the County within fourteen (14) days of
notification of the amount due. The County shall not be obligated to pay
a refund unless it has sufficient Assessment Entity assessment collections
in its possession to pay the refund or the Assessment Entity has paid to
the County sufficient funds to cover the deficiency. The Assessment
Entity agrees that any payment(s) that it is required to make under this
section shall be made out of the Assessment Entity's current revenues.
SECTION 9 MISCELLANEOUS PROVISIONS
9.01 Liability. To the extent allowed by law, any civil liability relating to the
furnishing of services under this Agreement shall be the responsibility of
the Assessment Entity. The parties agree that the County shall be acting
on I y as the agent for the Assessment Entity in performing the services
contemplated by this Agreement.
THE ASSESSMENT ENTITY SHALL HOLD THE COUNTY FREE AND HARMLESS
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FROM ANY OBLIGATION, COSTS, CLAIMS, JUDGMENTS, ATTORNEYS' FEES, AND
OTHER SUCH LIABILITIES ARISING FROM OR GROWING OUT OF THE SERVICES
RENDERED TO THE ASSESSMENT ENTITY PURSUANT TO THE TERMS OF THIS
AGREEMENT OR IN ANY WAY CONNECTED WITH THE RENDERING OF SAID
SERVICES, EXCEPT WHEN THE SAME SHALL ARISE BECAUSE OF THE WILLFUL
MISCONDUCT OR GROSS NEGLIGENCE OF THE COUNTY.
9.02 Controlling Law. This Agreement shall be deemed to be made under,
governed by, and construed in accordance with, the laws of the State
of Texas. Exclusive venue for any action taken relative to this
Agreement shall be in Collin County.
9.03 Sovereign Immunity. It is expressly understood and agreed that, in the
execution of this Agreement, neither the County nor Assessment Entity
waives or shall be deemed hereby to waive any immunity or defense
that would otherwise be available to it against claims arising in the
exercise of governmental powers and functions.
9.04 Amendments. This Agreement shall not be amended or modified other
than in a written Agreement signed by the parties.
9.05 Notices.
(a) Except as otherwise provided in this Agreement all notices required
or permitted herein shall be in writing and shall be deemed to be
delivered when deposited in the United States mail, postage prepaid,
registered or certified mail, return receipt requested, with proper
postage prepaid or when delivered in person.
(b) All communications provided for in this Agreement shall be
addressed as follows:
(ii) if to the County, to:
County Administrator
Bill Bilyeu
Collin County
2300 Bloomdale Road, Suite 4192
McKinney, Texas 75071
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With a correspondence copy to the Tax Assessor Collector, 2300
Bloomdale Road, Suite, 2366, P.O. Box 8006, McKinney, Texas 75070-
8006.
(ii) if to the Assessment Entity, to:
City Manager
Ryan Henderson
City of Anna
120 W 7th Street
Anna, Texas 75409
or to such person at such other address as may from time to time be
specified in a notice given as provided in this Section 9.05.
9.06 Parties Bound. This Agreement may not be assigned and shall be binding
upon the parties, their heirs, executors, legal representatives, and
successors.
9.07 Copies. This Agreement is executed in multiple copies, any one of which,
or a true copy thereof, shall have the same evidentiary value.
9.08 Integration. It is understood and agreed that the entire Agreement of
the parties is contained herein and that this Agreement supersedes all
oral Agreements and negotiations between the parties relating to the
subject matter hereof as well as any previous Agreements presently in
effect between the parties relating to the subject matter hereof.
9.09 Severability. The provisions of this Agreement are severable. If any
paragraph, section, subdivision, sentence, clause or phrase of the
Agreement is for any reason held to be contrary to law or contrary to any
rule or regulation having the force and effect of law, such decision shall
not affect.the remaining portions of the Agreement. However, upon the
occurrence of such event, either party may terminate this Agreement
forthwith, upon the delivery of written notice of termination to the other
party.
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9.10 Captions. The headings to the various sections of this Agreement
have been inserted for convenient reference only and shall not modify,
define, limit or expand the express provision of this Agreement.
9.11 Obligations of Condition. All obligations of each party under this
Agreement are conditions to further performance of the other party's
continued performance of its obligation under the Agreement.
9.12 Exclusive Right to Enforce This Agreement. The County and the
Assessment Entity have the exclusive right to bring suit to enforce this
Agreement, and no other party may bring suit, as a third -party
beneficiary or otherwise, to enforce this Agreement.
[REMAINDER OF PAGE LEFT BLANK INTENTIONALLY- SIGNATURES ON FOLLOWING PAGE]
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EXECUTED at McKinney, Texas on the day and year first written above.
COLLIN COUNTY, TEXAS
Judge Chris Hill
M
Title: County Judge of Collin County
Date:
Hurricane Creek Public Improvement District Improvement Area No. 2
Ryan Henderson
By: M
Title: ity Manager, City of Anna
Date: 47X ' O D+'r 30 aOa
COLLIN COUNTY, TEXAS
Kenneth L. Maun, Tax Assessor Collector
By:
Title: Tax Assessor Collector of Collin County
Date:
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