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ORD 2025-30 PID Annual Assessment Plan
2025 Lot Type: Principal Interest Net Debt Service 2025 $1,540.70 $860.82 $2,401.52 $54.70 $2,456.22 $13,712.24 2026 $1,790.40 $608.58 $2,398.98 $55.52 $2,454.50 $12,171.54 2027 $1,880.72 $519.06 $2,399.77 $56.35 $2,456.12 $10,381.14 2028 $1,973.16 $425.02 $2,398.18 $57.20 $2,455.38 $8,500.42 2029 $2,070.91 $326.36 $2,397.28 $58.06 $2,455.34 $6,527.26 2030 $2,173.98 $222.82 $2,396.80 $58.93 $2,455.73 $4,456.35 2031 $2,282.36 $114.12 $2,396.48 $59.81 $2,456.29 $2,282.36 Total $13,712.24 $3,076.78 $16,789.02 $400.57 $17,189.59 (a) Tax Year 2025 corresponds to Bond Year 2026. Tax Year 2025 Annual Installments will become due by January 31, 2026. (b) Reflects the issuance of the 2025 Bonds. (c) Subject to change. Assessment Balance Tax Year (a) Assessments (b) Collections Costs Annual Installment (c) Tax Year: Exhibit A Annual Installments By Lot Type 1 2025 Lot Type: Principal Interest Net Debt Service 2025 $1,170.93 $654.23 $1,825.16 $41.57 $1,866.73 $10,421.30 2026 $1,360.70 $462.52 $1,823.22 $42.20 $1,865.42 $9,250.37 2027 $1,429.35 $394.48 $1,823.83 $42.82 $1,866.65 $7,889.66 2028 $1,499.60 $323.02 $1,822.62 $43.47 $1,866.09 $6,460.32 2029 $1,573.90 $248.04 $1,821.93 $44.12 $1,866.06 $4,960.72 2030 $1,652.23 $169.34 $1,821.57 $44.79 $1,866.36 $3,386.82 2031 $1,734.60 $86.73 $1,821.33 $45.46 $1,866.78 $1,734.60 Total $10,421.30 $2,338.35 $12,759.65 $304.43 $13,064.09 (a) Tax Year 2025 corresponds to Bond Year 2026. Tax Year 2025 Annual Installments will become due by January 31, 2026. (b) Reflects the issuance of the 2025 Bonds. (c) Subject to change. Assessment Balance Tax Year (a) Assessments (b) Collections Costs Annual Installment (c) Tax Year: Exhibit A Annual Installments By Lot Type 2 2025 Lot Type: Principal Interest Net Debt Service 2025 $955.23 $533.71 $1,488.95 $33.91 $1,522.86 $8,501.59 2026 $1,110.05 $377.32 $1,487.37 $34.42 $1,521.79 $7,546.35 2027 $1,166.05 $321.82 $1,487.86 $34.94 $1,522.80 $6,436.31 2028 $1,223.36 $263.51 $1,486.87 $35.46 $1,522.34 $5,270.26 2029 $1,283.97 $202.35 $1,486.31 $36.00 $1,522.31 $4,046.90 2030 $1,347.87 $138.15 $1,486.02 $36.54 $1,522.55 $2,762.93 2031 $1,415.06 $70.75 $1,485.82 $37.08 $1,522.90 $1,415.06 Total $8,501.59 $1,907.60 $10,409.19 $248.35 $10,657.54 (a) Tax Year 2025 corresponds to Bond Year 2026. Tax Year 2025 Annual Installments will become due by January 31, 2026. (b) Reflects the issuance of the 2025 Bonds. (c) Subject to change. Assessment Balance Tax Year (a) Assessments (b) Collections Costs Annual Installment (c) Tax Year: Exhibit A Annual Installments By Lot Type 3 2025 Lot Type: Principal Interest Net Debt Service 2025 $816.57 $456.24 $1,272.81 $28.99 $1,301.80 $7,267.49 2026 $948.91 $322.55 $1,271.46 $29.43 $1,300.89 $6,450.92 2027 $996.78 $275.10 $1,271.88 $29.86 $1,301.74 $5,502.00 2028 $1,045.77 $225.26 $1,271.04 $30.32 $1,301.35 $4,505.22 2029 $1,097.58 $172.97 $1,270.56 $30.77 $1,301.33 $3,459.45 2030 $1,152.21 $118.09 $1,270.30 $31.23 $1,301.54 $2,361.86 2031 $1,209.65 $60.48 $1,270.13 $31.70 $1,301.84 $1,209.65 Total $7,267.49 $1,630.69 $8,898.18 $212.30 $9,110.48 (a) Tax Year 2025 corresponds to Bond Year 2026. Tax Year 2025 Annual Installments will become due by January 31, 2026. (b) Reflects the issuance of the 2025 Bonds. (c) Subject to change. Assessment Balance Tax Year (a) Assessments (b) Collections Costs Annual Installment (c) Tax Year: Exhibit A Annual Installments By Lot Type 4 Texas Property Code Section 5.014(A) Notice (Required Before Contract Execution) 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; 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 or from a government entity; or, 8) Of only a mineral interest, leasehold interest, or security interest. 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 Property Code Section 5.014(A) Notice (Required Before Contract Execution) NOTICE OF OBLIGATION TO PAY PUBLIC IMPROVEMENT DISTRICT ASSESSMENT TO TROPHY CLUB, TEXAS TROPHY CLUB PUBLIC IMPROVEMENT DISTRICT NO. 1 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 (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 receipt 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. 1 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 (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 5.0143 Notice (Required At Closing And Must Be Recorded In Denton County Deed Of Records) 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) Signature Date Buyer (Print Name) Signature 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 Texas Property Code Section 5.0143 Notice (Required At Closing And Must Be Recorded In Denton County Deed Of Records) 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. Seller (Print Name) Signature Date Seller (Print Name) Signature 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 Principal Interest Net Debt Service 2025 $1,450,000.00 $810,147.22 $2,260,147.22 $51,477.00 $2,311,624.22 $12,905,000.00 2026 $1,685,000.00 $572,750.00 $2,257,750.00 $52,255.00 $2,310,005.00 $11,455,000.00 2027 $1,770,000.00 $488,500.00 $2,258,500.00 $53,030.00 $2,311,530.00 $9,770,000.00 2028 $1,857,000.00 $400,000.00 $2,257,000.00 $53,832.00 $2,310,832.00 $8,000,000.00 2029 $1,949,000.00 $307,150.00 $2,256,150.00 $54,640.00 $2,310,790.00 $6,143,000.00 2030 $2,046,000.00 $209,700.00 $2,255,700.00 $55,463.00 $2,311,163.00 $4,194,000.00 2031 $2,148,000.00 $107,400.00 $2,255,400.00 $56,291.00 $2,311,691.00 $2,148,000.00 Total $12,905,000.00 $2,895,647.22 $15,800,647.22 $376,988.00 $16,177,635.22 (a) Tax Year 2025 corresponds to Bond Year 2026. Tax Year 2025 Annual Installments will become due by January 31, 2026. (b) Reflects the issuance of the 2025 Bonds. (c) Subject to change. Aggregate Annual Installments for All Parcels Tax Year (a) Assessments (b) Collections Costs Annual Installment (c) Assessment Balance Denton County Juli Luke County Clerk *VG-373-2025-107608* Instrument Number: 107608 Real Property Recordings ORDINANCE Recorded On: September 25, 2025 08:55 AM Number of Pages: 37 " Examined and Charged as Follows: " Total Recording: $169.00 ***********THIS PAGE IS PART OF THE INSTRUMENT*********** Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document Number: 107608 TOWN OF TROPHY CLUB Receipt Number: 20250925000083 1 TROPHY WOOD DR Recorded Date/Time: September 25, 2025 08:55 AM User: Melissa K TROPHY CLUB TX 76262 Station: Station 43 `». STATE OF TEXAS `L©uN COUNTY OF DENTON C **A° I hereby certify that this Instrument was FILED In the File Number sequence on the date/time I., ( V � printed hereon,and was duly RECORDED in the Official Records of Denton County,Texas. Juli Luke •''`Z 846+ . County Clerk Denton County, TX