Loading...
RES 2007-08TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. 2007 - 08 A RESOLUTION OF THE TOWN OF TROPHY CLUB, TEXAS, AUTHORIZING AND CREATING A PUBLIC IMPROVEMENT DISTRICT, IN ACCORDANCE WITH CHAPTER 372 OF THE TEXAS LOCAL GOVERNMENT CODE; AND PROVIDING FOR RELATED MATTERS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Town of Trophy Club, Texas (the "Town"), is authorized under Chapter 372 of the Texas Local Government Code (the "Act"), to create a public improvement district within its corporate limits; WHEREAS, on April 17, 2007, 831 Trophy, L.P., Standard Pacific of Texas, L.P., K. Hovnanian Homes-DFW, L.L.C., Centurion Acquisitions, L.P., and High Trophy Development L.L.C., (collectively, the "Owner"), submitted and filed with the Town Secretary of the Town of Trophy Club, Texas, a petition (the "Petition"), requesting the establishment of a public improvement district to include the Property (hereinafter defined), owned by the Owner and to be known as the Town of Trophy Club Public Improvement District No. 1 (the "District"); WHEREAS, the Town Council of the Town (the "Town Council"), has investigated and determined that the facts contained in the Petition are true and correct; WHEREAS, the District will include the approximately 609.683 acres owned by the Owner and located within the Town (the "Property"), and more particularly described and depicted on Exhibit A. WHEREAS, after providing all notices required by the Act, the Town Council, on May 7, 2007, conducted a public hearing on the advisability of the improvements and services; and WHEREAS, the Town Council adjourned and closed the public hearing. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL: Section I. The findings set forth in the recitals of this Resolution are hereby found to be true and correct. Section 2. The Petition submitted to the Town by the Owner was filed with the Town Secretary and complies with Subchapter A of the Act. Section 3. Pursuant to the requirements of the Act, including, without limitation, Sections 372.006, 372.009(a), and 372.009(b), the Town Council, after considering the Petition and the evidence and testimony presented at the public hearing on May 7, 2007, hereby finds and declares: (a) Advisabilit~ of the Proposed Improvements. It is advisable to create the District to provide the Authorized lmprovements (as defined below). The Authorized lmprovements are feasible and desirable and will promote the interests of the Town and will confer a special benefit on the Property. (b) General Nature of the Authorized Improvements. The purposes of the District include the design, acquisition, and construction of public improvement projects authorized by the Act that are necessary for development of the Property, which public improvements will include, but not be limited to, landscaping, entryway features, a development signature monument, water, wastewater, roadway, or drainage system improvements, trails, parks and open space, and special supplemental services (such as emergency services and the operation and maintenance of the public improvement projects) (collectively, the "Authorized Improvements"). These Authorized lmprovements shall promote the interests of the Town and confer a special benefit upon the Property. (c) Estimated Cost of the Authorized Improvements. The estimated cost to design, acquire, and construct the Authorized lmprovements is $30,000.000.00 plus the annual cost of certain special supplemental services, which, for calendar year 2007 will be an amount which shall not exceed $100,000. (d) Boundaries of Proposed District. The boundaries of the District shall contain the Property. (e) Proposed Method of Assessments. The Town shall levy assessments on each residential lot within the District in a manner that results in imposing equal shares of the costs on property similarly benefited. All assessments, including interest, may be paid in full at any time, and certain assessments may be paid in annual installments, with interest. If an assessment is allowed to be paid in installments, then the installments must be paid in amounts necessary to meet annual costs for those Authorized lmprovements financed by the assessment, and must continue for a period necessary to retire the indebtedness of those Authorized lmprovements (including interest). (f) Apportionment of Cost Between the District and the Town. The Town shall not be obligated to provide any funds to finance the Authorized Improvements. The cost of the Authorized lmprovements will be paid from the assessments and from other sources of funds (g) Manaqement of the District. The District shall be managed by the Town, with the assistance of a consultant, who shall, from time to time, advise the Town regarding certain operations of the District. (h) Advisory Board. The District shall be managed without the creation of an advisory body. Section 4. The District is hereby authorized and created as a Public Improvement District under the Act in accordance with the finding as to the advisability of the Authorized Improvements contained in this Resolution and the conclusion that the District is needed to fund such Authorized Improvements. Section 5. Notice of this Resolution authorizing the District shall be given by publishing such notice once in the Trophy Club Times, a newspaper of general circulation in Denton County, Texas. Effective upon the publication of such notice, such authorization shall take effect and the District shall be established. Section 6. This Resolution shall take effect immediately from and after its passage and publication as required by law. PASSED AND APPROVED on this 7th day of May, 2007. Nick Sanders, Mayor Town of Trophy Club, Texas ATTEST: Town of ~robh~ Club, ex as [SEAL] APPROVED AS TO FORM: Patricia A. Adams, Town Attorney Town of Trophy Club, Texas EXHIBIT A Legal Description LEGAL DESCRIPTION 609.683 ACRES BEING A 609.683 ACRE TRACT OF LAND SITUATED IN THE R. ALLEN SURVEY, ABSTRACT NO. 5, THE T. ALLEN SURVEY, ABSTRACT NO. 7, THE T. ALLEN SURVEY, ABSTRACT NO. 8, THE R. ALLEN SURVEY, ABSTRACT NO. 17, THE T. CALLOWAY SURVEY, ABSTRACT NO. 272, THE J. HENRY SURVEY, ABSTRACT NO. 529, THE J. MICHAEL SURVEY, ABSTRACT NO. 820 AND THEW. MEDLIN SURVEY, ABSTRACT NO. 829, IN THE TOWN OF TROPHY CLUB, DENTON COUNTY, TEXAS, AND BEING PART OF A CALLED 608.207 ACRE TRACT OF LAND CONVEYED AS "TRACT D" AND PART A CALLED 88.709 ACRE TRACT OF LAND CONVEYED AS "TRACT E' TO 831- TROPHY, L.P., AS RECORDED IN COUNTY CLERK'S FILE NO. 2006-128658, REAL PROPERTY RECORDS, DENTON COUNTY, TEXAS, AND BEING PART OF A CALLED 13.300 ACRE TRACT OF LAND CONVEYED AS "TRACT 1 - PARK AND PART OF A 16.581 ACRE TRACT CONVEYED AS "TRACT 2- MUNICIPAL AND VILLAGE CENTER, AS RECORDED IN COUNTY CLERK'S FILE NO. 2006-128659, REAL PROPERTY RECORDS, DENTON COUNTY, TEXAS. SAID 609.683 ACRE TRACT, WITH REFERENCE BEARING BEING TEXAS NORTH CENTRAL (NORTH AMERICAN DATUM-83, ZONE 4202) STATE PLANE GRID BEARINGS AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT A SOUTHWEST CORNER OF SAID TRACT D AND THE NORTHWEST CORNER OF LOT 21, BLOCK 1 OFTHE LAKES OF TROPHY CLUB, AS RECORDED IN CABINET P, PAGE 73, PLAT RECORDS, DENTON COUNTY, TEXAS, SAID POINT ALSO BEING IN THE EAST RIGHT-OF-WAY LINE OF PARKVIEW DRIVE (A 60' RIGHT-OF- WAY); THENCE, ALONG THE WEST LINE OF SAID TRACT D, THE FOLLOWING COURSES AND DISTANCES: NORTH 00 DEGREES 51 MINUTES 42 SECONDS EAST, ALONG THE WEST LINE OF SAID TRACT D AND THE EAST RIGHT-OF-WAY LINE OF SAID PARKVIEW DRIVE, A DISTANCE OF 391.66 FEET TO A POINT FOR CORNER: SOUTH 44 DEGREES 45 MINUTES 34 SECONDS EAST, A DISTANCE OF 14.09 FEET TO A POINT FOR CORNER; NORTH 89 DEGREES 30 MINUTES 09 SECONDS EAST, A DISTANCE OF 352.38 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 56 DEGREES 50 MINUTES 20 SECONDS, A RADIUS OF 500.00 FEET, A LONG CHORD THAT BEARS, NORTH 61 DEGREES 04 MINUTES 59 SECONDS EAST, A DISTANCE OF 475.92 FEET; ALONG SAID TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 496.01 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A REVERSE CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 19 DEGREES 28 MINUTES 36 SECONDS, A RADIUS OF 550.00 FEET, A LONG CHORD THAT BEARS, NORTH 42 DEGREES 24 MINUTES 07 SECONDS EAST, A DISTANCE OF 186.06 FEET; ALONG SAID REVERSE CURVE TO THE RIGHT, AN ARC DISTANCE OF 186.96 FEET TO A POINT FOR CORNER; Exhibit A - 1 Trophy Club PID Creation Resolution Error! Unlu~own doculnent property name. NORTH 29 DEGREES 37 MINUTES 13 SECONDS WEST, A DISTANCE OF 36.96 FEET TO A POINT FOR THE SOUTHEAST CORNER OF AFORESAID "TRACT 1 - PARK" AND THE BEGINNING OF A NON-TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 18 DEGREES 26 MINUTES 19 SECONDS, A RADIUS OF 545.00 FEET, A LONG CHORD THAT BEARS, SOUTH 81 DEGREES 40 MINUTES 04 SECONDS WEST, A DISTANCE OF 270.76 FEET; THENCE, ALONG THE SOUTH LINE AND WEST LINE OF SAID "TRACT 1 - PARK", THE FOLLOWING COURSES AND DISTANCES: ALONG SAID NON-TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 271.93 FEET TO A POINT FOR CORNER; NORTH 89 DEGREES 06 MINUTES 45 SECONDS WEST, A DISTANCE OF 568.10 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A NON-TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 16 DEGREES 12 MINUTES 58 SECONDS, A RADIUS OF 745.99 FEET, A LONG CHORD THAT BEARS, NORTH 28 DEGREES 53 MINUTES 11 SECONDS EAST, A DISTANCE OF 210.43 FEET; ALONG SAID NON-TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 21 1.13 FEET TO A POINT FOR CORNER; NORTH 36 DEGREES 59 MINUTES 39 SECONDS EAST, A DISTANCE OF 178.40 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 37 DEGREES 03 MINUTES 15 SECONDS, A RADIUS OF 270.00 FEET, AND A LONG CHORD THAT BEARS NORTH 55 DEGREES 31 MINUTES 17 SECONDS EAST, A DISTANCE OF 171.59 FEET; THENCE, OVER AND ACROSS SAID "TRACT 1 - PARK, THE FOLLOWING COURSES AND DISTANCES: ALONG SAID TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 174.61 FEET TO A POINT FOR CORNER; NORTH 74 DEGREES 02 MINUTES 54 SECONDS EAST, A DISTANCE OF 82.80 FEET TO POINT FOR CORNER AND THE BEGINNING OF A TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 61 DEGREES 32 MINUTES 03 SECONDS, A RADIUS OF 330.00 FEET, AND A LONG CHORD THAT BEARS NORTH 43 DEGREES 16 MINUTES 53 SECONDS EAST, A DISTANCE OF 337.62 FEET; ALONG SAID TANGENT CURVE TO TI-IE LEFT, AN ARC DISTANCE OF 354.41 FEET TO A POINT FOR CORNER: NORTI-I 12 DEGREES 30 MINUTES 5 1 SECONDS EAST, A DISTANCE OF 220.20 FEET TO A POINT FOR CORNER ON THE NORTI-I LINE OF SAID "TRACT 1 - PARK": THENCE, SOUTH 77 DEGREES 29 MINUTES 09 SECONDS EAST, ALONG THE NORTH LINE OF SAID "TRACT 1 - PARK", A DISTANCE OF 148.46 FEET TO A "X FOUND IN CONCRETE FOUND FOR THE NORTHWEST CORNER OF SAID "TRACT 1- PARK I:\SLD\022529\022529010\SDATA\PID-D;D;doc Page 2 of 13 Exhibit A - 2 Trophy Club PID Creation Resolution Error! Unknown document property name. AND BEING THE COMMON NORTHWEST CORNER OF AFORESAID "TRACT 2- MUNICIPAL AND VILLAGE CENTER; THENCE, SOUTH 01 DEGREES 14 MINUTES 14 SECONDS WEST, A DISTANCE OF 41.02 FEET TO A 518" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "CARTER BURGESS" SET FOR CORNER: THENCE, OVER AND ACROSS SAID "TRACT 2- MUNICIPAL AND VILLAGE CENTER, THE FOLLOWING COURSES AND DISTANCES: SOUTI-I 00 DEGREES 30 MINUTES 56 SECONDS EAST, A DISTANCE OF 375.44 FEET TO A POINT FOR CORNER; NORTH 89 DEGREES 29 MINUTES 04 SECONDS EAST, A DISTANCE OF 253.92 FEET TO A POINT FOR CORNER: SOUTH 00 DEGREES 30 MINUTES 56 SECONDS EAST, A DISTANCE OF 560.00 FEET TO A POINT FOR CORNER ON THE COMMON SOUTH LINE OF SAID "MUNICIPAL VILLAGE TRACT AND A COMMON NORTH LINE OF SAID TRACT D; THENCE, ALONG TI-IE COMMON LINES OF SAID "TRACT 2- MUNICIPAL AND VILLAGE CENTER" AND SAID TRACT D, THE FOLLOWING COURSES AND DISTANCES: NORTH 89 DEGREES 29 MINUTES 04 SECONDS EAST, A DISTANCE OF 303.15 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 05 DEGREES 10 MINUTES 24 SECONDS, A RADIUS OF 410.00 FEET, A LONG CHORD THAT BEARS, SOUTH 87 DEGREES 55 MINUTES 44 SECONDS EAST, A DISTANCE OF 37.01 FEET; ALONG SAID TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 37.02 FEET TO A POINT FOR CORNER; SOUTH 85 DEGREES 20 MINUTES 32 SECONDS EAST, A DISTANCE OF 92.17 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A NON-TANGENT CURVE TO TI-IE RIGHT HAVING A CENTRAL ANGLE OF 32 DEGREES 58 MINUTES 24 SECONDS, A RADIUS OF 1050.00 FEET, A LONG CHORD THAT BEARS, NORTH 28 DEGREES 04 MINUTES 43 SECONDS EAST, A DISTANCE OF 612.99 FEET; ALONG SAID NON-TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 621.53 FEET TO A POINT FOR CORNER; NORTI-I 45 DEGREES 32 MINUTES 01 SECONDS WEST, A DISTANCE OF 154.43 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A NON-TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 22 DEGREES 12 MINUTES 56 SECONDS, A RADIUS OF 1031.76 FEET, A LONG CHORD THAT BEARS, NORTH 58 DEGREES 41 MINUTES 23 SECONDS WEST, A DISTANCE OF 397.55 FEET; ALONG SAID NON-TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 400.05 FEET TO A POINT FOR CORNER; Exhibit A - 3 Trophy Club PID Creation Resolution Error! Unltnown doculne~~t property name. THENCE, ALONG THE WEST LINE OF SAID TRACT D, THE FOLLOWING COURSES AND DISTANCES: NORTH 10 DEGREES 17 MINUTES 39 SECONDS EAST, A DISTANCE OF 125.55 FEET TO A POINT FOR CORNER: NORTH 19 DEGREES 40 MINUTES 43 SECONDS EAST, A DISTANCE OF 103.70 FEET TO A POINT FOR CORNER; NORTH 13 DEGREES 01 MINUTES 35 SECONDS EAST, A DISTANCE OF 96.22 FEET TO A POINT FOR CORNER; NORTH 04 DEGREES 12 MINUTES 04 SECONDS EAST, A DISTANCE OF 306.42 FEET TO A POINT FOR CORNER; NORTH 08 DEGREES 40 MINUTES 28 SECONDS EAST, A DISTANCE 0F429.62 FEET TO A POINT FOR CORNER; NORTH 40 DEGREES 51 MINUTES 24 SECONDS EAST, A DISTANCE OF 95.57 FEET TO A POINT FOR CORNER; NORTH 36 DEGREES 11 MINUTES 55 SECONDS EAST, A DISTANCE OF 52.34 FEET TO A POINT FOR CORNER; NORTH 41 DEGREES 42 MINUTES 35 SECONDS EAST, A DISTANCE OF 91.51 FEET TO A POINT FOR CORNER; NORTH 77 DEGREES 46 MINUTES 47 SECONDS EAST, A DISTANCE OF 102.76 FEET TO A POINT FOR CORNER; SOUTH 87 DEGREES 10 MINUTES 49 SECONDS EAST, A DISTANCE OF 157.55 FEET TO A POINT FOR CORNER ON THE NORTI-I LINE OF SAID TRACT D: THENCE, ALONG THE NORTH LINE OF SAID TRACT D, THE FOLLOWING COURSES AND DISTANCES: NORTI-I 64 DEGREES 53 MINUTES 42 SECONDS EAST, A DISTANCE OF 346.44 FEET TO A POINT FOR CORNER NORTH 29 DEGREES 21 MINUTES 33 SECONDS EAST, A DISTANCE OF 231.54 FEET TO A POINT FOR CORNER; SOUTI-I 78 DEGREES 20 MINUTES 43 SECONDS EAST, A DISTANCE OF 438.34 FEET TO A POINT FOR CORNER; SOUTH 75 DEGREES 39 MINUTES 25 SECONDS EAST, A DISTANCE OF 225.35 FEET TO A POINT FOR CORNER; NORTH 01 DEGREES 18 MINUTES 34 SECONDS WEST, A DISTANCE OF 327.1 1 FEET TO A POINT FOR CORNER; SOUTH 82 DEGREES 29 MINUTES 11 SECONDS EAST, A DISTANCE OF 936.80 FEET TO A POINT FOR CORNER; Exhibit A - 4 Trophy Club PID Creation Resolution Error! Unknown doculllent property name. SOUTH 06 DEGREES 10 MINUTES 55 SECONDS WEST. A DISTANCE OF 449.50 FEET TO A POINT FOR CORNER; NORTI-I 47 DEGREES 42 MINUTES 46 SECONDS EAST, A DISTANCE OF 674.99 FEET TO A POINT FOR CORNER; NORTI-I 89 DEGREES 13 MINUTES 47 SECONDS EAST, A DISTANCE OF 400.09 FEET TO A POINT FOR CORNER; SOUTH 42 DEGREES 34 MINUTES 11 SECONDS EAST, A DISTANCE OF 500.12 FEET TO A POINT FOR CORNER: NORTH 32 DEGREES 09 MINUTES 07 SECONDS EAST, A DISTANCE OF 505.57 FEET TO A POINT FOR CORNER: NORTH 52 DEGREES 00 MINUTES 46 SECONDS EAST, A DISTANCE OF 1175.65 FEET TO A POINT FOR CORNER; NORTI-I 63 DEGREES 52 MINUTES 14 SECONDS EAST, A DISTANCE OF 953.46 FEET TO A POINT FOR CORNER; NORTH 21 DEGREES 13 MINUTES 38 SECONDS EAST, A DISTANCE OF 1531.81 FEET TO A POINT FOR TI-IE NORTHEAST CORNER OF SAID TRACT D: THENCE, ALONG THE EAST LINE OF SAID TRACT D, TI-IE I;OLLOWING COURSES AND DISTANCES: SOUTH 03 DEGREES 26 MINUTES 18 SECONDS EAST, A DISTANCE OF 510.70 FEET TO A POINT FOR CORNER; SOUTH 82 DEGREES 21 MINUTES 26 SECONDS EAST, A DISTANCE OF 129.35 FEET TO A POINT FOR CORNER; SOUTH 53 DEGREES 06 MINUTES 26 SECONDS EAST, A DISTANCE OF 76.97 FEET TO A POINT FOR CORNER; SOUTI-I 01 DEGREES 57 MINUTES 18 SECONDS WEST, A DISTANCE OF 646.94 FEET TO A POINT FOR CORNER: SOUTH 87 DEGREES 09 MINUTES 46 SECONDS EAST, A DISTANCE OF 170.57 FEET TO A POINT FOR CORNER: SOUTH 00 DEGREES 27 MINUTES 32 SECONDS EAST, A DISTANCE OF 1039.14 FEET TO A POINT FOR CORNER; NORTH 75 DEGREES 29 MINUTES 49 SECONDS EAST, A DISTANCE OF 15.40 FEET TO A POINT FOR CORNER; SOUTH 00 DEGREES 27 MINUTES 43 SECONDS EAST, A DISTANCE OF 557.62 FEET TO A POINT FOR CORNER; SOUTH 59 DEGREES 11 MINUTES 16 SECONDS WEST, A DISTANCE OF 1717.23 FEET TO A POINT FOR CORNER; I:\SLD\0?2529\0225290lO\SDATA\PD-E.YYdoc Page 5 of 13 Exhibit A - 5 Trophy Club PID Creation Resolution Error! Unknown document property name. SOUTH 00 DEGREES 42 MINUTES 58 SECONDS EAST, A DISTANCE OF 593.41 FEET TO A POINT FOR CORNER: SOUTH 00 DEGREES 23 MINUTES 38 SECONDS EAST, A DISTANCE OF 1126.08 FEET TO A POINT FOR CORNER; SOUTH 48 DEGREES 35 MINUTES 57 SECONDS WEST, A DISTANCE OF 228.36 FEET TO A POINT FOR CORNER; SOUTI-I 33 DEGREES 59 MINUTES 03 SECONDS WEST, A DISTANCE OF 464.16 FEET TO A POINT FOR CORNER; SOUTH 09 DEGREES 27 MINUTES 28 SECONDS WEST, A DISTANCE OF 492.05 FEET TO A POINT FOR CORNER: SOUTH 39 DEGREES 21 MINUTES 38 SECONDS WEST, A DISTANCE OF 598.91 FEET TO A POINT FOR CORNER: NORTH 87 DEGREES 04 MINUTES 37 SECONDS WEST, A DISTANCE OF 247.89 FEET TO A POINT FOR CORNER; SOUTI-I 15 DEGREES 19 MINUTES 25 SECONDS EAST, A DISTANCE OF 406.44 FEET TO A POINT FOR THE SOUTHEAST CORNER OF SAID TRACT D AND THE NORTHEAST CORNER OF LOT 4, BLOCK 2 OF THE FOURTH NINE AT TROPHY CLUB, AS RECORDED IN CABINET M, PAGE 148, PLAT RECORDS, DENTON COUNTY, TEXAS; THENCE, ALONG THE SOUTH LINE OF SAID TRACT D AND THE NORTH LINE OF SAID LOT 4, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: SOUTH 74 DEGREES 26 MINUTES 19 SECONDS WEST, A DISTANCE OF 112.56 FEET TO A POINT FOR CORNER; NORTH 85 DEGREES 08 MINUTES 16 SECONDS WEST, A DISTANCE OF 56.28 FEET TO A POINT FOR CORNER; NORTH 73 DEGREES 12 MINUTES 32 SECONDS WEST, A DISTANCE OF 63.58 WET TO A POINT FOR CORNER; NORTH 15 DEGREES 23 MINUTES 42 SECONDS WEST, A DISTANCE OF 346.42 FEET TO A POINT FOR CORNER; NORTH 63 DEGREES 32 MINUTES 17 SECONDS WEST, A DISTANCE OF 291.29 WET TO A POINT FOR CORNER; NORTH 80 DEGREES 02 MINUTES 57 SECONDS WEST, A DISTANCE OF 162.12 FEET TO A POINT FOR CORNER; SOUTH 67 DEGREES 40 MINUTES 46 SECONDS WEST, A DISTANCE OF 280.12 FEET TO A POINT FOR CORNER; SOUTH 32 DEGREES 08 MINUTES 14 SECONDS WEST, A DISTANCE OF 11 1.98 FEET TO A POINT FOR CORNER; Exhibit A - 6 Trophy Club PID Crealion Resolution Error! Unlu~own docume~lt property name. SOUTH 00 DEGREES 21 MINUTES 55 SECONDS EAST, A DISTANCE OF 20.16 FEET TO A POINT FOR CORNER: SOUTH 77 DEGREES 55 MINUTES 01 SECONDS WEST, A DISTANCE OF 155.87 FEET TO A POINT FOR CORNER: NORTH 64 DEGREES 44 MINUTES 55 SECONDS WEST, A DISTANCE OF 363.1 1 FEET TO A POINT FOR CORNER: NORTH 00 DEGREES 26 MINUTES 05 SECONDS EAST, A DISTANCE OF 43.57 FEET TO A POINT FOR THE CORNER ON THE EAST LINE OF AFORESAID TRACT E; THENCE, NORTH 00 DEGREES 25 MINUTES 19 SECONDS EAST, CONTINUING ALONG THE SOUTI-I LINE OF SAID TRACT D AND AN EAST LINE OF SAID TRACT E, A DISTANCE OF 90.05 FEET TO A POINT FOR THE SOUTHEAST CORNER OF LOT 3, BLOCK 2 OF THE FOURTH NINE AT TROPHY CLUB, AS RECORDED IN CABINET M, PAGE 145, PLAT RECORDS, DENTON COUNTY, TEXAS; THENCE, CONTINUING ALONG THE SOUTH LINE OF SAID TRACT D AND THE EAST LINE OF SAID LOT 3, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: NORTH 00 DEGREES 20 MINUTES 30 SECONDS EAST, A DISTANCE OF 159.55 FEET TO A POINT FOR CORNER: NORTH 40 DEGREES 13 MINUTES 36 SECONDS EAST, A DISTANCE OF 123.65 FEET TO A POINT FOR CORNER; NORTH 12 DEGREES 50 MINUTES 40 SECONDS EAST, A DISTANCE OF 107.42 FEET TO A POINT FOR CORNER; NORTH 34 DEGREES 52 MINUTES 17 SECONDS EAST, A DISTANCE OF 762.56 FEET TO A POINT FOR CORNER; NORTH 50 DEGREES 05 MINUTES 46 SECONDS EAST, A DISTANCE OF 516.62 FEET TO A POINT FOR CORNER: NORTH 11 DEGREES 26 MINUTES 02 SECONDS WEST, A DISTANCE OF 220.06 FEET TO A POINT FOR THE NORTHEAST CORNER OF SAID LOT 3, BLOCK 2; THENCE, CONTINUING ALONG THE SOUTH LINE OF SAID TRACT D AND THE NORTH LINE OF SAID LOT 3, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: SOUTH 52 DEGREES 23 MINUTES 34 SECONDS WEST, A DISTANCE OF 327.46 FEET TO A POINT FOR CORNER; NORTH 60 DEGREES 46 MINUTES 27 SECONDS WEST! A DISTANCE OF 403.13 FEET TO A POINT FOR CORNER; NORTH 54 DEGREES 19 MINUTES 49 SECONDS WEST, A DISTANCE OF 553.40 FEET TO A POINT FOR CORNER; I:\SLD\022529\0?2519010\SDATA\PID-=.doc Page 7 of 13 Exhibit A - 7 Trophy Club PID Creation Resolution Error! Unluio.rvn document property name. SOUTH 65 DEGREES 31 MINUTES 48 SECONDS WEST, A DISTANCE OF 281.04 FEET TO A POINT FOR CORNER; SOUTH 89 DEGREES 27 MINUTES 37 SECONDS WEST, PASSING AT A DISTANCE OF 140.00 FEET THE NORTHWEST CORNER OF SAID LOT 3, BLOCK 2, CONTINUING ALONG THE SOUTH LINE OF SAID TRACT D AND THE NORTH LINE OF AFORESAID TRACT E, A DISTANCE OF 174.76 FEET TO A POINT FOR CORNER; THENCE, SOUTH 89 DEGREES 26 MINUTES 22 SECONDS WEST, CONTINUING ALONG THE SOUTH LINE OF SAID TRACT D AND TI-IE NORTH LINE OF AFORESAID TRACT E, A DISTANCE OF 35.23 FEET TO A POINT FORTHE NORTHEAST CORNER OF LOT 2, BLOCK 2 OF THE FOURTH NINE AT TROPHY CLUB, AS RECORDED IN CABINET M, PAGE 148, PLAT RECORDS, DENTON COUNTY, TEXAS; THENCE, CONTINUING ALONG THE SOUTH LINE OF SAID TRACT D AND THE NORTI-I LINE OF SAID LOT 2, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: NORTH 82 DEGREES 26 MINUTES 05 SECONDS WEST, A DISTANCE OF 182.42 FEET TO A POINT FOR CORNER: SOUTH 79 DEGREES 58 MINUTES 37 SECONDS WEST, A DISTANCE OF 156.26 FEET TO A POINT FOR CORNER: SOUTH 62 DEGREES 19 MINUTES 37 SECONDS WEST, A DISTANCE OF 480.10 FEET TO A POINT FOR CORNER: SOUTH 38 DEGREES 16 MINUTES 33 SECONDS WEST, A DISTANCE OF 630.14 FEET TO A POINT FOR CORNER: SOUTH 28 DEGREES 46 MINUTES 13 SECONDS WEST, A DISTANCE OF 459.33 FEET TO A POINT FOR CORNER: SOUTH 34 DEGREES 20 MINUTES 04 SECONDS WEST, A DISTANCE OF 210.52 FEET TO A POINT FOR THE SOUTI-IWEST CORNER OF SAID LOT 2, BLOCK 2; TI-IENCE, CONTINUING ALONG THE SOUTI-I LINE OF SAID TRACT D AND TI-IE SOUTH LINE OF SAID LOT 2, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: SOUTI-I 38 DEGREES 23 MINUTES 10 SECONDS EAST, A DISTANCE OF 87.76 FEET TO A POINT FOR CORNER; SOUTH SO DEGREES 10 MINUTES 36 SECONDS EAST, A DISTANCE OF 100.17 FEET TO A POINT FOR CORNER; NORTH 52 DEGREES 47 MINUTES 55 SECONDS EAST, A DISTANCE OF 117.61 FEET TO A POINT FOR A NORTHWEST CORNER OF MORESAID TRACT E; THENCE, ALONG THE NORTI-I LINE OF SAID TRACT E AND THE SOUTI-I LINE OF SAID LOT 2, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: Trophy Club PID Creation Resolution Error! Unknown docunlent property name. NORTH 55 DEGREES 38 MINUTES 06 SECONDS EAST, A DISTANCE OF 262.10 FEET TO A POINT FOR CORNER; NORTH 37 DEGREES 16 MINUTES 46 SECONDS EAST, A DISTANCE OF 408.65 FEET TO A POINT FOR CORNER; NORTH 38 DEGREES 07 MINUTES 51 SECONDS EAST, A DISTANCE OF 509.10 FEET TO A POINT FOR CORNER: NORTH 62 DEGREES 17 MINUTES 59 SECONDS EAST, A DISTANCE OF 403.61 FEET TO A POINT FOR CORNER; NORTH 89 DEGREES 34 MINUTES 30 SECONDS EAST, A DISTANCE OF 110.25 FEET TO A POINT FOR A SOUTHEAST CORNER OF SAID LOT 2, BLOCK 2; THENCE, NORTI-I 00 DEGREES 36 MINUTES 29 SECONDS WEST, CONTINUING ALONG THE NORTH LINE OF SAID TRACT E AND THE EAST LINE OF SAID LOT 2, BLOCK 2, A DISTANCE OF 250.09 FEET TO A POINT FOR THE NORTHEAST CORNER OF SAID LOT 2, BLOCK 2, SAID POINT BEING ON THE SOUTH LINE OF AFORESAID TRACT D: THENCE, CONTINUING ALONG THE NORTH LINE OF SAID TRACT E AND THE SOUTH LINE OF SAID TRACT D, THE FOLLOWING COURSES AND DISTANCES: NORTI-I 89 DEGREES 26 MINUTES 22 SECONDS EAST, A DISTANCE OF 35.23 FEET TO A POINT FOR CORNER; NORTH 89 DEGREES 27 MINUTES 37 SECONDS EAST, A DISTANCE OF 34.73 FEET TO A POINT FOR THE NORTHWEST CORNER OF SAID LOT 3, BLOCK 2; THENCE, CONTINUING ALONG THE NORTH LINE OF SAID TRACT E AND THE SOUTH LINE OF SAID LOT 3, BLOCK 2 SOUTI-I 00 DEGREES 34 MINUTES 51 SECONDS EAST, A DISTANCE OF 249.79 FEET TO A POINT FOR CORNER; NORTH 89 DEGREES 27 MINUTES 09 SECONDS EAST, A DISTANCE OF 939.85 FEET TO A POINT FOR THE NORTHEAST CORNER OF SAID TRACT E; THENCE, ALONG THE EAST LINE OF SAID TRACT E AND THE WEST LINE OF SAID LOT 3, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: SOUTI-I 28 DEGREES 02 MINUTES 43 SECONDS EAST, A DISTANCE OF 140.97 FEET TO A POINT FOR CORNER; SOUTI-I 38 DEGREES 36 MINUTES 27 SECONDS WEST, A DISTANCE OF 500.41 FEET TO A POINT FOR CORNER; SOUTH 34 DEGREES 01 MINUTES 26 SECONDS !EST, A DISTANCE OF 500.30 FEET TO A POINT FOR CORNER; SOUTI-I 05 DEGREES 26 MINUTES 06 SECONDS EAST, A DISTANCE OF 206.77 FEET TO A POINT FOR CORNER; Exhibit A - 9 Trophy Club PID Creation Resolution Error! Unknown docun~ent property name. SOUTH 52 DEGREES 05 MINUTES 12 SECONDS EAST, A DISTANCE OF 308.93 FEET TO A POINT FOR CORNER: SOUTH 00 DEGREES 20 MINUTES 39 SECONDS WEST, A DISTANCE OF 54.68 FEET TO A POINT FOR CORNER: SOUTH 89 DEGREES 24 MINUTES 07 SECONDS EAST, A DISTANCE OF 50.1 1 FEET TO A POINT FOR THE SOUTHEAST CORNER OF SAID LOT 3, BLOCK 2, SAID POINT ALSO BEING IN THE SOUTI-I LINE OF AFORESAID TRACT D; TI-IENCE, SOUTH 00 DEGREES 25 MINUTES 19 SECONDS WEST, CONTINUING ALONG THE EAST LINE OF SAID TRACT E AND THE SOUTH LINE OF SAID TRACT D, A DISTANCE OF 90.05 FEET TO A POINT FOR A NORTHEAST CORNER OF AFORESAID LOT 4, BLOCK 2; THENCE, CONTINUING ALONG THE EAST LINE OF SAID TRACT E AND THE NORTH LINE OF SAID LOT 4, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: NORTH 89 DEGREES 25 MINUTES 59 SECONDS WEST, A DISTANCE OF 50.02 FEET TO A POINT FOR CORNER; SOUTI-I 00 DEGREES 25 MINUTES 01 SECONDS WEST, A DISTANCE OF 54.41 FEET TO A POINT FOR CORNER; SOUTH 17 DEGREES 09 MINUTES 32 SECONDS EAST, A DISTANCE OF 129.77 FEET TO A POINT FOR CORNER; SOUTH 67 DEGREES 49 MINUTES 07 SECONDS WEST, A DISTANCE OF 665.27 FEET TO A POINT FOR CORNER; SOUTH 25 DEGREES 21 MINUTES 40 SECONDS WEST, A DISTANCE OF 757.51 FEET TO A POINT FOR CORNER; SOUTI-I 33 DEGREES 09 MINUTES 08 SECONDS EAST, A DISTANCE OF 129.60 FEET TO A POINT FOR CORNER; THENCE, NORTH 70 DEGREES 39 MINUTES 05 SECONDS WEST, OVER AND ACROSS SAID TRACT E, A DISTANCE OF 214.28 FEET TO A POINT FOR CORNER ON THE WEST LINE OF SAID TRACT E AND THE EAST LINE OF LOT 1, BLOCK 2 OF THE FOURTH NINE AT TROPHY CLUB, AS RECORDED IN CABINET M, PAGE 148, PLAT RECORDS,DENTONCOUNTY,TEXAS; THENCE, ALONG THE WEST LINE OF SAID TRACT E AND THE EAST LINE OF SAID LOT 1, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: NORTH 33 DEGREES 19 MINUTES 11 SECONDS WEST, A DISTANCE OF 347.16 FEET TO A POINT FOR CORNER; NORTIH 04 DEGREES 15 MINUTES 23 SECONDS WEST, A DISTANCE OF 743.30 FEET TO A POINT FOR CORNER; NORTH 21 DEGREES 14 MINUTES 32 SECONDS WEST, A DISTANCE OF 601.01 FEET TO A POINT FOR THE NORTI-IWST CORNER OF SAID LOT 1, BLOCK 2; I:\SLD\022529\022529010\SDATA\PID-M.doc Page 10 of 13 Exhibit A - 10 Trophy Club PID Creation Resolution Error! Unknown docume~~t property name. THENCE, CONTINUING ALONG THE WEST LINE OF SAID TRACT E AND THE NORTH LINE OF SAID LOT 1, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: NORTI-I 69 DEGREES 02 MINUTES 17 SECONDS WEST, A DISTANCE OF 175.78 FEET TO A POINT FOR CORNER: SOUTH 55 DEGREES 39 MINUTES 02 SECONDS WEST, A DISTANCE OF 267.75 FEET TO A POINT FOR THE NORTHWEST CORNER OF SAID LOT 1, BLOCK 2, SAID POINT BEING ON THE SOUTH LINE OFMORESAID TRACT D; THENCE, ALONG THE SOUTH LINE OF SAID TRACT D AND THE WEST LINE OF SAID LOT 1, BLOCK 2, THE FOLLOWING COURSES AND DISTANCES: SOUTH 66 DEGREES 55 MINUTES 41 SECONDS EAST, A DISTANCE OF 11 1.12 FEET TO A POINT FOR CORNER; SOUTH 21 DEGREES 14 MINUTES 03 SECONDS EAST, A DISTANCE OF 459.09 FEET TO A POINT FOR CORNER; SOUTH 04 DEGREES 18 MINUTES 24 SECONDS EAST, A DISTANCE OF 730.69 FEET TO A POINT FOR CORNER; SOUTI-I 15 DEGREES 47 MINUTES 04 SECONDS WEST, A DISTANCE OF 158.63 WET TO A POINT FOR THE SOUTHWEST CORNER OF SAID LOT 1, BLOCK 2; THENCE, SOUTH 50 DEGREES 29 MINUTES 36 SECONDS WEST, CONTINUING ALONG THE SOUTI-I LINE OF SAID TRACT D, A DISTANCE OF 51.60 FEET TO A POINT FOR CORNER, THENCE, OVER AND ACROSS SAID TRACT D, THE FOLLOWING COURSES AND DISTANCES: SOUTH 89 DEGREES 27 MINUTES 55 SECONDS WEST, A DISTANCE OF 335.17 FEET TO A POINT FOR CORNER; SOUTI-I 79 DEGREES 10 MINUTES 27 SECONDS WEST, A DISTANCE OF 417.20 FEET TO A POINT FOR CORNER ON THE SOUTH LINE OF SAID TRACT D; SOUTI-I 85 DEGREES 31 MINUTES 04 SECONDS WEST, ALONGTI-IE SOUTH LINE OF SAID TRACT D, A DISTANCE OF 34.03 FEET TO A POINT FOR CORNER: NORTH 07 DEGREES 10 MINUTES 04 SECONDS WEST, A DISTANCE OF 245.04 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A NON-TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 03 DEGREES 19 MINUTES 49 SECONDS, A RADIUS OF 975.00 FEET, A LONG CHORD THAT BEARS, NORTH 51 DEGREES 10 MINUTES 02 SECONDS EAST, A DISTANCE OF 56.66 FEET: ALONG SAID NON-TANGENT CURVE TO TI-IE LEFT, AN ARC DISTANCE OF 56.67 FEET; NORTI-I 10 DEGREES 29 MINUTES 53 SECONDS WEST, A DISTANCE OF 76.50 FEET TO A POINT FOR CORNER; Exhibit A - 11 Trophy Club PID Creatioo Resolution Error! Unknown docunicnt property name. NORTH 06 DEGREES 27 MINUTES 38 SECONDS EAST, A DISTANCE OF 83.03 WET TO A POINT FOR CORNER; NORTH 10 DEGREES 43 MINUTES 42 SECONDS EAST, A DISTANCE OF 155.69 FEET TO A POINT FOR CORNER; NORTH 27 DEGREES 24 MINUTES 47 SECONDS EAST, A DISTANCE OF 72.51 FEET TO A POINT FOR CORNER: NORTH 44 DEGREES 08 MINUTES 17 SECONDS EAST, A DISTANCE OF 72.93 FEET TO A POINT FOR CORNER; NORTH 37 DEGREES 28 MINUTES 29 SECONDS WEST, A DISTANCE OF 175.00 FEET TO A POINT FOR CORNER; NORTH 52 DEGREES 31 MINUTES 31 SECONDS EAST, A DISTANCE OF 73.03 FEET TO A POINT FOR CORNER; NORTI-I 37 DEGREES 28 MWUTES 29 SECONDS WEST, A DISTANCE OF 125.00 FEET TO A POINT FOR CORNER; NORTH 52 DEGREES 31 MINUTES 31 SECONDS EAST, A DISTANCE OF 87.80 FEET TO A POINT FOR CORNER: NORTH 54 DEGREES 19 MINUTES 05 SECONDS WEST, A DISTANCE OF 145.17 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A NON-TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF 25 DEGREES 15 MINUTES 35 SECONDS, A RADIUS OF 325.00 FEET, A LONG CHORD THAT BEARS, NORTH 23 DEGREES 03 MINUTES 08 SECONDS EAST, A DISTANCE OF 142.12 FEET: ALONG SAID NON-TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 143.28 FEET TO A POINT FOR CORNER; NORTI-I 10 DEGREES 25 MINUTES 21 SECONDS EAST, A DISTANCE OF 85.16 FEET TO A POINT FOR CORNER AND THE BEGINNING OF A NON-TANGENT CURVE TO THE RIGHT HAVING A CENTRAL ANGLE OF 19 DEGREES 52 MINUTES 56 SECONDS, A RADIUS OF 320.00 FEET, A LONG CHORD TI-IAT BEARS, NORTH 82 DEGREES 11 MINUTES 45 SECONDS WEST, A DISTANCE OF 110.49 FEET; ALONG SAID NON-TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 1 11.04 FEET TO A POINT FOR CORNER; NORTH 18 DEGREES 06 MINUTES 02 SECONDS EAST, A DISTANCE OF 123.38 FEET TO A POINT FOR CORNER: NORTH 11 DEGREES 37 MINUTES 36 SECONDS EAST, A DISTANCE OF 51.19 FEET TO A POINT FOR CORNER; NORTH 69 DEGREES 24 MINUTES 20 SECONDS WEST, A DISTANCE OF 157.92 FEET TO A POINT FOR CORNER; Exhibit A - 12 Trophy Club PlD Creation Resolution Error! Unknown docu~ne~~t property name. NORTH 25 DEGREES 56 MINUTES 25 SECONDS WEST, A DISTANCE OF 106.05 FEET TO A POINT FOR CORNER ON THE WEST LINE OF SAID TRACT D AND THE BEGINNING OF A NON-TANGENT CURVE TO THE LEFT I-IAVING A CENTRAL ANGLE OF 16 DEGREES 23 MINUTES 01 SECONDS, A RADIUS OF 875.00 FEET, A LONG CHORD TIHAT BEARS, NORTH 07 DEGREES 37 MINUTES 12 SECONDS EAST, A DISTANCE OF 249.35 FEET; THENCE, ALONG THE WEST LINE OF SAID TRACT D, THE FOLLOWING COURSES AND DISTANCES: ALONG SAID NON-TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 250.21 FEET TO A POINT FOR CORNER; NORTH 00 DEGREES 34 MINUTES 19 SECONDS WEST, A DISTANCE OF 619.42 FEET TO A POINT FOR CORNER; SOUTH 89 DEGREES 29 MINUTES 06 SECONDS WEST, A DISTANCE OF 1548.69 FEET TO THE POINT OF BEGINNING, AND CONTAINING 631.022 ACRES OF LAND. SAVE & EXCEPT ALL OF A 4.209 ACRE TRACT KNOWN AS "PAD SITE 2H, ALL OF A 4.339 ACRE TRACT KNOWN AS "PAD SITE 3H, AND ALL OF A 3.58 1 ACRE TRACT KNOWN AS "PAD SITE 4HV, ALL OF A 3.692 ACRE TRACT KNOWN AS "PAD SITE 7H", BEING ALL OF A 3.370 ACRE TRACT KNOWN AS "PAD SITE 81-1" AND ALL OF A 2.148 ACRE TRACT KNOWN AS "PAD SITE 15H", SAID TRACTS BEING MORE PARTICULARLY DESCRIBED AS "SAVE & EXCEPT" TRACTS IN AFORESAID DEED TO 831-TROPHY, L.P., AS RECORDED IN COUNTY CLERK'S FILE NO. 2006-128658, REAL PROPERTY RECORDS,DENTONCOUNTY,TEXAS. AND CONTAINING A NET ACREAGE OF 609.683 ACRES OF LAND. I:\SLD\022529\0?252901O\SDATA\PID-=.doc Page 13 of 13 Exhibit A - 13 Trophy Club PID Creakion Resolution Error! Unlu~owt~ docu~i~et~t property name. EXHIBIT A Depiction of Propertv The Highlands of Trophy Club Public Improvement District No. 1 consists of approximately 609.683 acres of land generally to the north of Oakmont Drive, Oak Hill Drive and the Quorum Condominiums, east of Exhibit A - 14 Trophy Club PID Creation Resolutio~l Error! Unlulown docu~lient property name. the Lakes Subdivision and Parkview Drive, south of the Corps of Engineer's property, and west of the Town's eastern limit. Exhibit A - 15 Trophy Club PID Creation Resolutio~i Error! Unlmown document property name.