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ORD 2024-25 Service and Assessment Plan (emergency services)TOWN OF TROPHY CLUB, TEXAS ORDINANCE NO. 2024-25 AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS, ACCEPTING AND APPROVING A SERVICE AND ASSESSMENT PLAN FOR AUTHORIZED SERVICES (EMERGENCY SERVICES) AND AN ASSESSMENT ROLL FOR THE TOWN OF TROPHY CLUB PUBLIC IMPROVEMENT DISTRICT NO. 1 (THE HIGHLANDS AT TROPHY CLUB); MAKING A FINDING OF SPECIAL BENEFIT TO THE PROPERTY IN THE DISTRICT; LEVYING SPECIAL ASSESSMENTS AGAINST PROPERTY WITHIN THE DISTRICT; PROVIDING FOR PAYMENT OF THE ASSESSMENTS IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERNMENT CODE, AS AMENDED; PROVIDING FOR THE METHOD OF ASSESSMENT AND THE PAYMENT OF THE ASSESSMENT; PROVIDING PENAL TIES AND INTEREST ON DELINQUENT ASSESSMENTS; PROVIDING A CUMULATIVE REPEALER CLAUSE; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS , the Town of Trophy Club (the "Town ") is a home rule mun icipa lity act ing under its charter adopted by the electorate pursuant to Art icle XI , Section 5 of t he Texas Constitution and Chapter 9 of the Local Government Code ; and WHEREAS , on March 16 , 2007 , a petition was submitted and filed with the Town Secretary of the Town (the "Town Secretary") pursuant to the Public Improvement D istrict Assessment Act , Chapter 372 , Texas Local Government Code (the "PIO Act"), request ing the c reat ion of a public improvement district over a portion of the area of the Town to be known as The Town of Trophy Club Public Improvement District No . 1 (the "District"); a nd WHEREAS , the pet ition contained the signatures of the owners of taxable property represent ing more than fifty percent of the appraised value of taxable real property liab le fo r assessment w ithin the District , as determined by the then current ad valorem tax ro ll s of the Denton Central Appraisal District and the signatures of property owners who own taxab le real property that constitutes more than fifty percent of the area of all taxab le property th at is li ab le for assessment by the District; and WHEREAS , on May 7 , 2007 , after due notice, the Town Council of the Town (the "Town Council ") held the public hearing in the manner required by law on the adv isab ili ty of the pub lic improvements and services described in the petition as required by Sec. 372 .009 of the PIO Act and made the findings required by Sec. 372 .009(b) of the PIO Act and , by Resolut ion No . 2007-08 adopted by a majority of the members of the Town Co u nc il, authorized the District in accordance with its finding as to the advisability of the pub li c improvements and services ; and WHEREAS , on May 18 , 2007 , the Town published notice of its authorization of the Distr ict in the Trophy Club Times , a newspaper of general circulation in the Town ; and ORDINANCE NO. 2024-25 PAGE2 WHEREAS , no written protests of the District from any owners of record of property within the District were filed with the Town Secretary within 20 days after May 18 , 2007 ; and WHEREAS , on May 21 , 2007 , the Council adopted a resolution directing the filing of a proposed assessment roll , and directing related action; and WHEREAS , the Town has conducted annual reviews from 2008 through 2023 as provided in the PIO Act and has annually adopted ordinances approving a Service and Assessment Plan for Authorized Services and an Assessment Roll for The Town of Trophy Club Public Improvement District No. 1; and WHEREAS , on September 9, 2024, the Town Council, pursuant to Section 372.016(b) of the PIO Act, caused the publication on September 11, 2024, of notice of a public hearing in a newspaper of general circulation in the Town to consider the proposed "Assessment Roll " and the "Service and Assessment Plan for Authorized Services " (the "Plan ") and the levy of the "Assessments" on property in the District; and WHEREAS , the Town Council, pursuant to Section 372.016(c) of the PIO Act , directed the mailing of notice of the public hearing to consider the proposed Assessment Roll and the Plan and the levy of Assessments on property in the District to the last known address of the owners of the property liable for the Assessments; and WHEREAS, the Town Council convened the hearing at 7:00 p.m. on the _23 rd day of September, 2024, at which all persons who appeared , or requested to appear , in person or by their attorney , were given the opportunity to contend for or contest the Plan , the Assessment Roll , and each proposed assessment, and to offer testimony pertinent to any issue presented on the amount of the assessment, the allocation of costs of the Authorized Services , the purposes of the assessment, the special benefits of the assessment , and the penalties and interest on delinquent Assessments; and WHEREAS , pursuant to Sections 372.013 and 372.014 of the PIO Act , the Town Council has directed the preparation of a Service and Assessment Plan for Authorized Services for the District (the "Plan"), such Plan is attached hereto as Exhibit "A," covers a period of at least five (5) years, and defines the annual indebtedness and the projected costs of the Authorized Services, as identified and defined in the Plan; and WHEREAS , the Plan includes an assessment plan that apportions the cost of the Authorized Services to be assessed against property in the District and such apportionment is made on the basis of special benefits accruing to the property because of the Authorized Services ; and ORDINANCE NO . 2024-25 PAGE3 WHEREAS , the Town Council finds and determines that the Assessment Roll and the Plan should be approved and that the assessments should be levied as provided in the Plan and Assessment Roll ; and WHEREAS , the Town Council further finds that there were no written objections or evidence submitted to the Town Secretary in opposition to the Plan, the allocation of costs , the Assessment Roll , and the levy of assessments; and WHEREAS , the Town Council closed the hearing, and , after considering all written and documentary evidence presented at the hearing, including all written comments and statements filed with the Town, determined to proceed with the adoption of this Ordinance in conformity with the requirements of the PIO Act. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS, THAT: SECTION 1. TERMS Terms not otherwise defined herein are defined in the Service and Assessment Plan for Authorized Services (the "Plan") attached hereto and incorporated herein as Exhibit "A." SECTION 2. FINDINGS The findings and determinations set forth in the preambles are hereby incorporated by reference for all purposes . The Town Council hereby finds, determines , and ordains , as follows : (a) The apportionment of the costs of the Authorized Services pursuant to the Plan is fair and reasonable , reflects an accurate presentation of the special benefit each property w ill receive from the public improvements identified in the Plan, and is hereby approved ; (b) The Plan covers a period of at least five years and defines projected costs for the Authorized Services ; (c) The Plan apportions the cost of the Authorized Services to be assessed against property in the District and such apportionment is made on the basis of special benefits accruing to the property because of the Authorized Services ; (d) All of the real property in the District which is being assessed in the amounts shown in the Assessment Roll will be benefited by the Authorized Services proposed to be provided through the District in the Plan , and each parcel of real property will receive special benefits in each year equal to or greater than each annual Assessment and ORDINANCE NO . 2024-25 PAGE4 will receive special benefits during the term of the Assessments equal to or greater than the total amount assessed; (e) The method of apportionment of the costs of the Authorized Services set forth in the Plan results in imposing equal shares of the costs on property similarly benefited , and results in a reasonable classification and formula for the apportionment of the costs of the Authorized Services ; (f) The Plan should be approved as the service plan and assessment plan for the District as described in Sections 372 .013 and 372.014 of the PIO Act; (g) The 2023 Assessment Roll in the form attached as Appendix "A" to the Plan (the "Assessment Roll ") should be approved as the 2024 Assessment Roll for the District ; (h) The provisions of the Plan relating to due and delinquency dates for the Assessments , interest and penalties on delinquent Assessments and procedures in connection with the imposition and collection of Assessments should be approved and will expedite co ll ection of the Assessments in a timely manner in order to provide the services needed and required for the area within the District; and (i) A written notice of the date , hour, place and subject to this meeting of the Town Council was posted at a place convenient to the public for the time required by law preceding this meeting, as required by the Open Meetings Act , Chapter 55 1, Texas Government Code , as amended , and that this meeting has been open to the public as requ ir ed by law at all times during which this Ordinance and the subject matter hereof has been discussed, considered , and formally acted upon . SECTION 3. ASSESSMENT PLAN The Plan is hereby accepted and approved pursuant to the PIO Act Sections 372 .01 3 and 372.014 as the Service and Assessment Plan for the District. SECTION 4. ASSESSMENT ROLL The Assessment Roll is hereby accepted and approved pursuant to the PIO Act Sect ion 372.016 Assessment Rol l of the District. SECTION 5. LEVY AND PAYMENT OF SPECIAL ASSESSMENTS FOR COSTS OF IMPROVEMENT PROJECT (a) The Town Council hereby levies an assessment on each tract of property located within th e District , as shown and described in the Plan and the Assessment Roll , in ORDINANCE NO . 2024-25 PAGES the respective amounts shown on the Assessment Roll as a special assessment on the properties set forth in the Assessment Roll. (b) The levy of the Assessments shall be effective on the date of execution of this Ordinance levying assessments and strictly in accordance with the terms of the Plan . (c) Each Assessment shall be paid annually pursuant to the terms of the Plan. (d) Each Assessment shall be collected each year in the manner set forth in the Plan by the Denton County Tax Assessor Collector or other qualified collection agent , duly authorized by the Town Council. SECTION 6. METHOD OF ASSESSMENT The method of apportioning the costs of the Authorized Services is as set forth in the Plan . SECTION 7. APPOINTMENT OF ADMINISTRATOR OTA (www.FinanceDTA.com) is hereby appointed and designated as the Administrator of the Service and Assessment Plan for Authorized Services and of the Assessments levied by this Ordinance . The Administrator shall perform the duties of the Administrator described in the Plan and in this Ordinance . In addition to other applicable costs of collection , whether legally authorized by contract or other District document , the Administrator's fees , charges , and expenses for providing such service shall constitute Collection Costs. SECTION 8. PENAL TIES AND INTEREST ON DELINQUENT ASSESSMENTS Delinquent assessments shall be subject to the penalties , interest, procedures, and foreclosure sales set forth in the Plan. The Assessments shall have lien priority as specified in the PIO Act and the Plan. SECTION 9. APPLICABILITY OF TAX CODE To the extent not inconsistent with this Ordinance, and not inconsistent with the PIO Act or the other laws governing public improvement districts, the provisions of the Texas Tax Code shall be applicable to the imposition and collection of Assessments by the Town . ORDINANCE NO. 2024-25 PAGE6 SECTION 10. CUMULATIVE REPEALER This Ordinance shall be cumulative of all other Ordinances and shall not repeal any of the provisions of such Ordinances except for those instances where there are direct conflicts with the provisions of this Ordinance. Or.dinances or parts thereof in force at the time this Ordinance shall take effect and that are inconsistent with this Ordinance are hereby repealed to the extent that they are inconsistent with this Ordinance. Provided however, that any complaint, action, claim, or lawsuit which has been initiated or has arisen under or pursuant to such Ordinance on the date of adoption of this Ordinance shall continue to be governed by the provisions of that Ordinance and for that purpose the Ordinance shall remain in full force and effect. SECTION 11. SEVERABILITY If any provision, section, subsection, sentence, clause, or phrase of this Ordinance, or the application of same to any person or set of circumstances is for any reason held to be unconstitutional, void, or invalid, the validity of the remaining portions of this Ordinance or the application to other persons or sets of circumstances shall not be affected thereby, it being the intent of the Town Council that no portion hereof, or provision or regulation contained herein shall become inoperative or fail by reason of any unconstitutionality, voidness, or invalidity of any other portion hereof, and all provisions of this Ordinance are declared to be severable for that purpose. SECTION 12. EFFECTIVE DATE This Ordinance shall take effect, and the levy of the Assessments, and the provisions and terms of the Plan shall be and become effective on upon passage and execution hereof. ADOPTED, PASSED, and APPROVED by the Town Council, by a vote of __._:f_ members voting "for" and me • ·nst" and wi bsentee, on this 23 rd day of September 2 f 1 R APPROVED TO AS FORM: Dean�ey ' Ordinance 2024-25 Exhibit "A" d www.FinanceDTA.com 8117 Preston Road, Suite 300 Dallas, TX 75225 TOWN OF TROPHY CLUB TOWN OF TROPHY CLUB ANNUAL SERVICE PLAN UPDATE (2024) TOWN OF TROPHY CLUB PUBLIC IMPROVEMENT DISTRICT NO. 1 (ESD2) THE HIGHLANDS AT TROPHY CLUB Prepared for: The Town of Trophy Club 1 Trophy Wood Drive Trophy Club, TX 76262 TABLE OF CONTENTS I PLAN DESCRIPTION AND DEFINED TERMS ....... 1 A Intr oduction ..................................................................... 1 B Definitions ........................................................................ 1 II PROPERTY INCLUDED IN THE PIO ..................... 3 III DESCRIPTION OF THE AUTHORIZED SERVI CES ····················································································4 IV SERVICE PLAN ......................................................... 5 V ASSESSMENT PLAN ................................................. 7 VI MISCELLANEOUS PROVISIONS ............................ 8 A Amendme nts ................................................................... 8 B Administ ration a n d Interpretation of Provisions ......................................................................... 8 C Severab ility ....................................................................... 8 APPENDICES APPENDIX A ASSESSMENT ROLL APPENDIX B BUYER DISCLOSURE NOTICE d www.FinanceDTA.com SECTION I PLAN DESCRIPTION AND DEFINED TERMS I PLAN DESCRIPTION AND DEFINED TERMS A Introduction On April 16 , 2007, the Town of Trophy Club Town Council passed and approved a resolution approving and authorizing the creation of the Town of Trophy Club Public Improvement District No . 1 (the Highlands at Trophy Club) (the "PID ") to finance certain public services (the "Authorized Services ") for the benefit of certain property in the PID , all of which is located within the Town. A service and assessment plan (the "Service and Assessment Plan ") was prepared at the direction of the Town identifying the Authorized Services to be provided by the PID , an estimate of the cost of the Authorized Services for the 2007-08 fiscal year, and the manner of assessing the property in the PID for the costs of the Authorized Services . Pursuant to Sections 372 .013 , 372 .014 , and 372 .015 of the Public Improvement District Act (the "PID Act"), the Service and Assessment Plan is to be reviewed and updated annually. The update of the Service and Assessment Plan (the "Annual Service and Assessment Plan Update") for 2024 includes the 2024 assessment roll (the "2024 Assessment Roll ") identifying the assessments on each parcel, based on the method of assessment set forth in the Service and Assessment Plan. Section 372 .015 of the PID Act states that the governing body of the municipality shall apportion the cost of an improvement to be assessed against property in an improvement district, and the apportionment shall be made on the basis of special benefits accruing to the property because of the improvement. Capitalized terms used herein shall have the meanings ascribed to them in this section of the Annual Service and Assessment Plan Update. B Definitions -The terms used herein shall have the following meanings : "Annual Collection Costs " means the following actual or budgeted costs, as applicable, related to the annual collection costs of outstanding Assessments, including the costs or anticipated costs of : (i) computing, levying, collecting and transmitting the Assessments (whether by the Town or otherwise), (ii) the Town in any way related to the collection of the Assessments , including, without limitation, the administration of the PID, maintaining the record of the Assessments , including, without limitation, any associated legal expenses, the reasonable costs of other consultants and advisors and contingencies and reserves for such costs as deemed appropriate by the Town Council. "Assessed Property" means, for any year, Parcels within the PID other than Non-Benefited Property. "Assessment " means the assessment levied against a Parcel imposed pursuant to the Assessment Ordinance and the provisions herein, as shown on the Assessment Roll. "Assessment Ordinance " means the Assessment Ordinance approved by the Town Council to approve the imposition of the Assessments. d www.FinanceDTA.com SECTION I PLAN DESCRIPTION AND DEFINED TERMS "Assessment Rate " means the rate determined by dividing the costs of the Authorized Services for a fiscal year plus the Annual Collection Costs by the taxable value of the Assessed Property (expressed in multiples of one hundred) for the same fiscal year. "Authorized Services" means those public services providing a special benefit to the Assessed Property and described in Section III herein and Section 372 .003 of the PIO Act. "Delinquent Collection Costs" means interest, penalties and expenses incurred or imposed wi.th respect to any delinquent Assessments in accordance with ~372.018(f) of the PIO Act and the costs related to pursuing collection of a delinquent Assessment and foreclosing the lien against the assessed property, including attorneys ' fees. "Non-Benefited Property" means Parcels within the boundaries of the PIO that accrue no special benefit from the Authorized Services , including Public Property and any other property exempt from regular property taxes . "Parcel" means a parcel identified by a tax map identification number assigned by the Denton Central Appraisal District for real property tax purposes. "PIO " has the meaning set forth in Section I.A of this Annual Service and Assessment Plan Update . "PIO Act" means Texas Local Government Code Chapter 372, Improvement Districts in Munici palities and Counties, Subchapter A Public Improvement Districts , as amended. "Public Property" means property within the boundaries of the PIO that is owned by the federal government, the State of Texas , the Town, a school district, a public utility provider or any other public agency. "Town" means the Town of Trophy Club , Texas. "Town Council" means the duly elected governing body of the Town. d www.FinanceDTA.com II PROPERTY INCLUDED IN THE PIO SECTION III PROPERTY INCLUDED IN THE PIO The Highlands of Trophy Club is located in the Town of Trophy Club within Denton County, Texas. The property in the PID consists of most of the property within The Highlands of Trophy Club planned development. The Highlands of Trophy Club planned development contains approximately 696 acres, of which approximately 609 acres is within the PID. Approximately 49 acres is within the planned development but outside of the PID boundaries. This excluded property is located within Trophy Club Municipal District No . 1 (MUD 1). Approximately 38 acres of land designated for commercial uses are also within the planned development but not within the PID . At completion, the PID is expected to consist of approximately 1,4091 residential units, two parks, entry monuments, and associated rights-of-way, landscaping, and infrastructure necessary to provide roadways, drainage and utilities to the PID . The estimated number of lots is based upon the Planned Development Ordinance and the Developer's estimated highest and best use of the property within the PID. 1 The original expected number of units was 1,474 . The reclassification of the Neighborhood 8 units reduced the number of expected units by 65. d www.FinanceDTA.com III DESCRIPTION OF THE AUTHORIZED SERVICES SECTION III DESCRIPTION OF THE AUTHORIZED SERVICES Pursuant to the PID Act , the services that may be provided by a PID include "special supplemental services for improvement and promotion of the district, including services relating to advertising, promotion, health and sanitation, water and wastewater, public safety, security, business recruitment, development, recreation, and cultural enhancement." (Section 372.003}. After analyzing the Authorized Services authorized by the PID Act, the Town has determined that emergency services (the "Authorized Services "} should be undertaken by the Town and will be of special benefit to Assessed Property within the PID . These emergency services shall include, without limitation, fire suppression and control, inspection services, arson investigations, hazardous material response, search and rescue, emergency recovery and extraction, and pre-hospital medical stabilization or transportation of persons who are sick, injured, wounded, or otherwise incapacitated or helpless . Pre-hospital medical stabilization and transportation services include basic life support ambulance services, advanced life support ambulance services, air ambulance services, and quick-response unit services provided by the Town. d www.FinanceOTA.com IV SERVICE PLAN SECTION IV SERVICE PLAN The PIO Act requires that a service plan cover a period of at least five years . The plan shall be reviewed and updated annually for the purpose of determining the annual budget for improvements. The annual projected costs are shown in the following table (Table IV-A). This budget is based on the provision of emergency services to existing residents and businesses, including construction workers, within the PIO . Table IV-1 : Annual Projected Costs ANNUAL PROJECTED COSTS OF ANNUAL YEAR ' AI.ITHORIZED SERVICES COLLECTION Cosrs2 TOTALCOSTS I 2024 $572,690 $0 $572,690 2025 $572,690 $0 $572,690 2026 $572,690 $0 $572,690 2027 $572,690 $0 $572,690 2028 $572,690 $0 $572,690 The annual projected costs are subject to annual revision and shall be updated in the Annual Service and Assessment Plan Update to reflect any changes in the costs of the Authorized Services expected to be provided each year. The annual projected sources of funds to pay the costs of the Authorized Services are shown by th e following table (Table IV-B ). 2 Annual Collect ions Cost s will be p aid by the Trophy Club Municipal Utility District . d www.FinanceDTA.com YEAR 2024 2025 2026 2027 2028 SECTION IV SERVICE PLAN Table IV-2: Annual Projected Sources of Funds ANNUAL INDEBTEDNESS TOTAL AssEssMENTS AND On-fER FlJNDS SOURCES OF FuNDS $583,923 $0 $583,923 $583,923 $0 $583,923 $583,923 $0 $583,923 $583,923 $0 $583,923 $583,923 $0 $583,923 The projected sources of funds are subject to annual revision based on any changes in the costs of the Authorized Services to be provided to the PID . The sources of funds for the Authorized Services shown in Table N-B shall be updated each year in the Annual Service and Assessment Plan Update to reflect any changes in the sources of funds. d www.FinanceDTA.com V ASSESSMENT PLAN SECTION V ASSESSMENT PLAN The PID Act requires the Town Council to apportion the cost of Authorized Services on the basis of special benefits conferred upon the property from the Authorized Services . The Act provides that the cost of Authorized Services may be assessed : (i) equally per front foot or square foot; (ii) according to the value of the property as determined by the governing body, with or without regard to improvements on the property; or (Hi) in any other manner that results in imposing equal shares of the cost on property similarly benefited. The Town Council has determined to apportion the costs of the Authorized Services "according to the value of the property as determined by the governing body." The costs of the Authorized Services will be assessed to all real property according to the certified tax roll each year, excluding only Non-Benefited Property. Personal property is not assessed. The costs of the Authorized Services for the 2024-2025 fiscal year are estimated to be $572 ,690 .00 . Annual Collection Costs of $1,228.36 (1,498 parcels x $0 .82 per parcel) will be paid by the Trophy Club Municipal Utility Dist rict. Table V-1 : Calculation of the Assessment Rate Cost of Au t h orized Services $57 2 ,690 PID Real Property Valuation $1 ,l36,920 ,956 T ax Ra t e 0 .05136 Projec t ed So ur ces of Funds $583 ,923 The Assessment Rate shall be applied to each Parcel of Assessed Property to determine the Assessment to be collected for the 2024-2025 fiscal year. The Assessments shall be paid in the same manner and at the same time and subject to the same remedies upon the failure to pay, to the extent allowed by law, as regular ad valorem property taxes . Delinquent Assessments shall be subject to Delinquent Collection Costs. The determination by the Town Council of the assessment methodology set forth above is the result of the discretionary exercise by the Town Council of its legislative authority and governmental powers and is conclusive and binding on the current and all future owners of the Assessed Property. d www .FinanceDTA.com VI MISCELLANEOUS PROVISIONS A Amendments SECTION VI MISCELLANEOUS PROVISIONS The Town Council reserves the right to the extent permitted by the Act to amend this Annual Service and Assessment Plan Update without notice under the Act and without notice to property owners of Parcels : (i) to correct mistakes and clerical errors; (ii) to clarify ambiguities ; and (iii) to provide procedures for the collection and enforcement of Assessments, Collection Costs , and other charges imposed by the Annual Service and Assessment Plan Update. B Administration and Interpretation of Provisions The Town Council shall administer the PID consistent with the PID Act and shall make all interpretations and determinations related to the application of this Annual Service and Assessment Plan Update unless stated otherwise herein or in the indenture of trust, and as long as there is a rational basis for the determination made by the Town, such determination shall be conclusive. C Severability If any provision, section, subsection, sentence, clause or phrase of this Annual Service and Assessment Plan Update, or the application of same to a Parcel or any person or set of circumstances is for any reason held to be unconstitutional, void or invalid, the validity of the remaining portions of this Annual Service and Assessment Plan Update or the application to other persons or sets of circumstances shall not be affected thereby, it being the intent of the Town Council in adopting this Annual Service and Assessment Plan Update that no part hereof, or provision or regulation contained herein shall become inoperative or fail by reason of any unconstitutionality, voidness or invalidity of any other part hereof, and all provisions of this Annual Service and Assessment Plan Update are declared to be severable for that purpose. APPENDIX A Town of Trophy Club Annual Service Plan Update (2024) Trophy Club Public Improvement District No. 1 (ESD2) ASSESSMENT ROLL 67687 73937 82144 83515 84263 98639 98641 171483 305643 315393 329833 338637 465509 465510 465511 465512 465513 465514 465515 465516 465517 465518 465519 465520 465521 465522 465523 465524 465525 465526 465527 465528 465529 465530 465531 465532 465533 465534 465535 465536 Town of Trophy Club Public Improvement District No. 1 Emergency Services District 2024 Assessment Roll PIO Assessment Rate 0.05136 470277 537349 580362 470278 557641 580363 470279 557642 580364 470280 557643 580365 470281 557644 580366 470282 557645 580367 470283 557646 580368 470284 557647 580369 470285 557648 580370 470286 557649 580371 470287 557650 580372 470288 557651 580373 470289 557652 580374 470290 557653 580375 470291 557654 580376 470292 557655 580377 470293 557656 580378 470294 557657 580379 470295 557658 580380 470296 557659 580381 470297 557660 580382 470298 557661 580383 470299 557662 580384 470300 557663 580385 498867 557665 580386 498868 557666 580387 498869 557667 580388 498870 557668 580389 498871 557669 580390 498873 557670 580392 498874 557671 580393 498875 557672 580394 498876 557673 580395 498877 557674 580396 498878 557675 580397 498879 557676 580398 498880 557677 580399 498911 557678 580400 498912 557679 580401 498913 557680 580402 583540 583541 583542 583543 583544 583545 583546 583547 583548 583549 583550 583551 583552 583553 583554 583555 583556 583557 583558 583559 583560 583561 583562 583563 583564 583565 583566 583567 583568 583569 583570 583571 583573 583574 583575 583576 583577 583578 583579 583580 465537 465538 465539 465540 465541 465542 465543 465544 465545 465546 465547 465548 465549 465550 465551 465552 465553 465554 465555 465556 465557 465558 465559 465560 465561 465562 465563 465564 465565 465566 465567 465568 465569 465570 465571 465572 465573 465574 465575 465576 Town of Trophy Club Public Improvement District No. 1 Emergency Services District 2024 Assessment Roll PIO Assessment Rate 0.05136 498914 557681 580403 498915 557682 580404 498916 557683 580405 498917 557684 580406 498918 557685 580407 498919 557686 580408 498920 557687 580409 498922 558332 580410 498923 558333 580411 498924 558334 580412 498925 558335 580413 498926 558336 580414 498927 558337 581612 498928 558338 583215 498929 558339 583216 498930 558340 583217 498931 558341 583218 498932 558342 583219 498933 558343 583220 498934 558344 583221 498935 558345 583222 498936 558346 583223 498937 558347 583224 498938 558348 583225 498939 558349 583226 498940 558350 583227 498945 558351 583228 498946 558352 583229 498947 558353 583230 498948 558354 583231 498949 558355 583232 498950 558356 583233 498951 558357 583234 498952 558358 583235 498953 558359 583236 498954 558360 583237 498955 558361 583238 498956 558362 583239 523472 558363 583240 525439 558364 583241 583581 583582 583583 583584 583585 583586 583587 583588 583589 583590 583591 583592 583593 583594 583595 583596 583597 583598 583599 583600 583601 583602 583603 583604 583605 583606 583607 583608 583609 583612 583613 583614 583615 583616 583617 583618 583619 583620 583621 583622 465577 465578 465579 465580 465581 465582 465583 466259 466260 466261 469275 469276 469277 469278 469279 469280 469281 469282 469283 469284 469286 469287 469288 469289 469290 469291 469292 469293 469294 469295 469296 469297 469298 469299 469300 469301 469302 469303 469304 469305 Town of Trophy Club Public Improvement District No. 1 Emergency Services District 2024 Assessment Roll PIO Assessment Rate 0.05136 533255 558365 583242 533256 558366 583243 533257 558367 583244 533258 558368 583245 533259 558369 583246 533262 558370 583247 533264 558371 583248 533287 558372 583249 533289 558373 583250 533290 558374 583251 533291 558375 583252 533292 558376 583253 533293 558377 583254 533294 558378 583255 533295 558379 583256 533296 558380 583257 533297 558381 583258 533298 558382 583259 533307 558383 583260 533309 558384 583261 533310 558385 583262 533311 558386 583263 533312 558387 583264 533313 558388 583265 533314 558389 583266 533315 558390 583267 533316 558391 583268 533317 558392 583269 533318 558393 583270 533319 558394 583271 533320 558395 583272 533321 558396 583273 533322 558397 583274 533323 558398 583275 533324 558399 583276 533325 558400 583277 533326 558401 583278 533327 558402 583279 533328 558403 583280 533329 558404 583281 583623 583624 583625 583626 583627 583628 583629 583630 583631 583632 583633 583634 583643 583644 583645 583646 583647 583648 583649 583650 583651 583652 583653 583654 583655 583656 583657 583658 583659 583660 583661 583662 583663 583664 583665 583666 583667 583668 583669 583670 469306 469307 469308 469309 469310 469311 469312 469313 469314 469315 469316 469317 469318 469319 469320 469321 469322 469323 469324 469325 469326 469327 469328 469329 469330 469331 469332 469333 469334 469335 469336 469337 469338 469343 469372 470048 470049 470050 470051 470052 Town of Trophy Club Public Improvement District No. 1 Emergency Services District 2024 Assessment Roll PIO Assessment Rate 0.05136 533330 558405 583282 533331 558406 583283 533332 558407 583284 533333 558408 583285 533334 558409 583286 533335 558410 583287 533336 558411 583288 533337 558412 583289 533338 558413 583290 533339 558414 583291 533340 558415 583292 533341 558416 583293 533342 558417 583294 533343 558418 583295 533344 558419 583296 533345 558420 583297 533346 558421 583298 533347 558422 583299 533348 558423 583300 533349 558424 583301 533350 558425 583302 533351 558426 583303 533352 558427 583304 533353 558428 583305 533354 558429 583306 533355 558430 583307 533356 558431 583308 533357 558432 583309 533358 558433 583310 533359 558434 583311 533360 558435 583312 533361 558436 583313 533362 558437 583314 533363 558438 583315 533364 558439 583316 533365 558440 583317 533366 558441 583318 533367 558442 583319 533368 558443 583320 533369 558444 583321 583671 583672 583673 583674 583675 583676 583677 583678 583679 583680 583681 583682 583683 583684 583685 583686 583687 583688 583689 583690 583691 583692 583693 620681 621956 622299 622300 622301 622302 622303 622304 622305 622306 622307 622308 622309 622310 622311 622312 622313 470053 470054 470055 470056 470057 470058 470059 470060 470061 470062 470063 470064 470065 470066 470067 470068 470069 470070 470071 470072 470073 470074 470075 470076 470077 470078 470079 470080 470081 470082 470083 470084 470085 470086 470087 470088 470089 470090 470091 470092 Town of Trophy Club Public Improvement District No . 1 Emergency Servi.ces District 2024 Assessment Roll PIO Assessment Rate 0.05136 533370 558445 583322 533371 558446 583323 533372 558447 583324 533373 558448 583325 533374 558449 583326 533375 558450 583327 533376 558451 583328 533377 558452 583329 533378 558453 583330 533379 558454 583331 533380 558455 583332 533381 558456 583333 533382 558457 583334 533383 558458 583335 533384 558459 583336 533385 558460 583337 533386 558461 583338 533387 558462 583339 533388 558463 583356 533389 558464 583375 533390 558465 583376 533391 · 558466 583377 533392 558467 583378 533393 558468 583379 533394 558469 583380 533395 558470 583381 533396 558471 583382 533397 558472 583383 533398 558473 583384 533399 558474 583385 533400 558475 583386 533401 558476 583387 533402 558477 583388 533403 558478 583389 533404 558479 583390 533405 558480 583391 533406 558481 583392 533407 558482 583393 533408 558483 583394 533409 558484 583395 622314 622315 622316 622317 622318 622319 622320 622321 622322 622323 622324 622325 622326 622327 622328 622329 622330 631471 635052 635053 635054 635055 635056 635057 635058 635059 635060 635061 635062 635063 635064 635065 635066 635067 635068 635069 635070 635071 635072 635073 470093 470094 470095 470096 470097 470098 470099 470100 470101 470102 470103 470104 470105 470106 470107 470108 470109 470110 470111 470153 470154 470155 470156 470157 470158 470159 470160 470161 470162 470163 470164 470165 470166 470167 470168 470169 470170 470171 470172 470173 Town of Trophy Club Public Improvement District No. 1 Emergency Services District 2024 Assessment Roll PIO Assessment Rate 0.05136 533410 558485 583396 533411 558486 583397 533412 558487 583398 533413 558488 583399 533414 558489 583400 533415 558490 583401 533416 558491 583402 533417 558492 583403 533418 558493 583404 533419 558494 583405 533420 558495 583406 533421 558496 583407 533422 558497 583408 533425 558498 583409 533428 558499 583410 533429 558500 583411 533430 558501 583412 533431 558502 583413 533432 558503 583414 533433 558504 583415 533434 558505 583416 533464 558506 583417 533480 558507 583418 533490 558508 583419 533498 558509 583420 533500 558510 583421 533501 558511 583422 534852 558512 583423 534853 558513 583424 534854 558514 583425 534855 558515 583426 534856 558516 583427 534857 558517 583428 534858 558518 583429 534859 558519 583470 534860 558520 583471 534861 558521 583472 534862 558522 583473 534863 558523 583474 534864 558524 583475 635074 635075 635076 635077 635078 635079 635080 635081 635082 635083 635084 635085 635086 635087 635088 635089 635090 635091 635092 635093 635094 635095 635096 635097 635098 635099 635100 635101 635102 635103 635104 635105 635106 635107 635108 635109 635110 635111 635112 635113 PIO Assessment Rate 0.05136 470174 534865 558525 583476 635114 470175 534866 558526 583477 635115 470176 534867 558527 583478 635116 470177 534868 558528 583479 635117 470178 534869 558529 583480 635118 470179 534870 558530 583481 635119 470180 534871 558531 583482 635120 470181 534872 558532 583483 635121 470182 534873 558533 583484 635122 470183 534874 558534 583485 635123 470184 534875 558535 583486 635124 470185 534876 558536 583487 635125 470186 534877 558537 583488 635126 470187 534878 558538 583489 635127 470188 534879 558539 583490 635128 470189 534880 558540 583491 635129 470190 534881 558541 583492 635130 470191 534882 558542 583493 635131 470192 534883 558543 583494 635132 470193 534884 558544 583495 635133 470 194 534885 558545 583496 635134 470195 534886 567352 583497 635135 470196 534887 567353 583498 635136 470197 534888 567354 583499 635137 470198 534889 567355 583500 635138 470199 534890 567356 583501 635139 470200 534891 567357 583502 635140 470201 534892 567358 583503 635141 470202 534893 567359 583504 635142 470203 534894 567360 583505 635143 470204 534895 567361 583506 635144 470205 534896 567362 583507 635145 470249 534897 567363 583508 635146 470250 534898 567364 583509 635147 470251 536563 567365 583510 635148 470252 536564 567366 583511 635149 470253 536565 567367 583512 635150 470254 536566 567368 583513 635151 470255 536567 567369 583514 635152 470256 536568 567370 583519 635153 470257 470258 470259 470260 470261 470262 470263 470264 470265 470266 470267 470268 470269 470270 470271 470272 470273 470274 470275 470276 Town of Trophy Club Public Improvement District No. 1 Emergency Services District 2024 Assessment Roll PIO Assessment Rate 0.05136 536569 567371 583520 536570 567372 583521 536571 567373 583522 536572 580345 583523 536573 580346 583524 536574 580347 583525 536575 580348 583526 536576 580349 583527 536577 580350 583528 536578 580351 583529 536579 580352 583530 536580 580353 583531 536581 580354 583532 536582 580355 583533 536583 580356 583534 536584 580357 583535 536585 580358 583536 536586 580359 583537 536587 580360 583538 536588 580361 583539 635154 635155 635156 635157 635158 635159 635160 635161 635162 650739 657776 667200 681973 730909 730930 733756 744759 942882 APPENDIX B Town of Trophy Club Annual Service Plan Update (2024) Trophy Club Public Improvement District No. 1 (ESD2) BUYER DISCLOSURE NOTICE Texas Property Co de Sec ti on 5.0 14(A) Notice (R eq uire d Befo re Co nt ract Exec ution) 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 impro ve ment 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 th e 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; 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 sa le 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 1 ieu 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 or from a government entity; or, 8) Of only a mineral interest , leasehold interest , or security inte rest. The following notice shall be given to the 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 purchases , subject to certain exception, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchase 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. Texas Prop erty Cod e Section 5.014 (A) Notic e (Required Befo re Co ntract Exec ution ) NOTICE OF OBLIGATION TO PAY PUBLIC IMPROVEMENT DISTRICT ASSESSMENT TO TROPHY CLUB , TEXAS TROPHY CLUB PUBLIC IMPROVEMENT DISTRICT NO . l EMERGENCY SERVICES DISTRICT CONCERNING THE FOLLOWING PROPERTY As the purchaser of the real property described above, you are obligated to pay assessments to Trophy Club, Texas , for the costs of a portion of a public improvement or services project (the "Authorized Impro ve ments") undertaken for the benefit of the property within Troph y Club Public I mpro vement District No. 1 E me rge ncy Services 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 Trophy Club. The exact amount of each annual installment will be approved each year by Trophy Club Town 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 Trophy Club . 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. Texas Property Code Section 5.014(A) Notice (Required Before Contract Execution) The undersigned purchaser acknowledges rec eipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above . Buyer (Print Name) Signature Date Buyer (Print Name) Signature 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. Seller (Print Name) Signature Date Seller (Print Name) Signature Date Texas Property Code Section 5.0143 Notice (Required At Closing And Must Be Recorded In Denton County Deed Of Records) AFTER RECORDING RETURN TO: NOTICE OF OBLIGATION TO PAY PUBLIC IMPROVEMENT DISTRICT ASSESSMENT TO TROPHY CLUB , TEXAS TROPHY CLUB PUBLIC IMPROVEMENT DISTRICT NO. l EMERGENCY SERVICES DISTRICT CONCERNING THE FOLLOWING PROPERTY As the purchaser of the real property described above , you are obligated to pay assessments to Trophy Club, 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 Trophy Club Public Improvement District No. 1 Eme rgency Services 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 Trophy Club. The exact amount of each annual installment will be approved each year by Trophy Club Town 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 Trophy Club . 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 . Tex as Prop e rty Co de Sectio n 5.0143 Notice (Requ ired At Clos in g A nd Must Be Recorde d In Denton Co un ty Dee d Of R eco rd s) 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. Buyer (Print Name) Buyer (Print Name) STATE OF TEXAS § § COUNTY OF _____ § Signature Date Signature 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 . Gi ve n under my hand and seal of office on this ______ , 20_ Notary Public , State of Texas Te xas Property Code Section 5.0143 Notice (R equir ed At Closing And Must Be Recorded In Denton County Deed Of Record s) The undersigned seller acknowledges providing a separate co py of the notice required by Section 5.0 14 of the Texas Property Code inclu ding the current info rmatio n re quired by Section 5 .0143 , Texas Property Code, as amended, at the closing of the purchase of the real property at the address above . Seller (Print Name) Seller (Print Name) STATE OF TEXAS § § COUNTY OF _____ § Signature Date Signature The foregoing instrument was acknowledged before me by _________ and ________ , known to me to be t he person(s) w hose name(s) is/are subscri bed to the foregoing instrument and acknowledged to me that he or she exec ut ed the same for the purposes therein expressed. Given under my hand and seal of office on this ______ , 20_ Notary Public, State of Texas