ORD 2008-30TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 2008 - 30
AN ORDINANCE OF THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB ACCEPTING AND
APPROVING A SERVICE AND ASSESSMENT PLAN FOR
AUTHORIZED SERVICES AND ASSESSMENT ROLL FOR
THE TOWN OF TROPHY CLUB PUBLIC IMPROVEMENT
DISTRICT NO. 1; 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 PENALTIES AND INTEREST
ON DELINQUENT ASSESSMENTS, PROVIDING FOR
SEVERABILITY; PROVIDING FOR ENGROSSMENT AND
ENROLLMENT; AND PROVIDING AN EFFECTIVE DATE.
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
District Assessment Act, Chapter 372, Texas Local Government Code (the "PID Act'),
requesting the creation 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'); and
WHEREAS, the petition contained the signatures of the owners of taxable
property representing more than fifty percent of the appraised value of taxable real
property liable for assessment within the District, as determined by the then current ad
valorem tax rolls of the Denton Central Appraisal District and the signatures of property
owners who own taxable real property that constitutes more than fifty percent of the
area of all taxable property that is liable 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
advisability of the public improvements and services described in the petition as
required by Sec. 372.009 of the PID Act and made the findings required by Sec.
372.009(b) of the PID Act and, by Resolution No. 2007-08 adopted by a majority of the
members of the Town Council, authorized the District in accordance with its finding as
to the advisability of the public improvements and services; and
WHEREAS, on May 18, 2007, the Town published notice of its authorization of
the District in the Trophy Club Times, a newspaper of general circulation in the Town;
and
1
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 (the "Cost
Resolution") determining the total costs of the District improvements, directing the filing
of a proposed assessment roll, and directing related action; and
WHEREAS, the Town Council, pursuant to Section 372.016(b) of the PID Act,
published 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 PID Act,
mailed 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 5:30 p.m. on the 29th
day of September, 2008, 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, 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 PID Act.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS:
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.
PAI
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 will receive from the construction of 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 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 PID Act;
(g) The Assessment Roll in the form attached as Exhibit B to the Plan
(the "Assessment Roll") should be approved as the 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 collection 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,
3
Chapter 551, Texas Government Code, as amended, and that this meeting has
been open to the public as required 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 PID Act
Sections 372.013 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 PID Act
Section 372.016 assessment roll 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 the District, as shown and described in the Plan and the
Assessment Roll, in 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
MuniCap, Inc., of Columbia, Maryland, 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. The Administrator's
fees, charges and expenses for providing such service shall constitute Collection Costs.
Section 8. Penalties and Interest on Delinquent Assessments.
S
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 PID Act and the Plan.
Section 9. Applicability Of Tax Code.
To the extent not inconsistent with this Ordinance, and not inconsistent with the
PID 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.
Section 10. 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 11. Engrossment and Enrollment.
The Town Secretary of the Town of Trophy Club is hereby directed to engross
and enroll this Ordinance by filing this Ordinance in the ordinance records of the Town
as required in the Town Charter.
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
4members voting "for" and 0 members voting "against' and with 1 absentee, on this 29th
day of September, 2008.
Town of Trophy Club
Nick Sanders, Mayor
Attest:,
i a Hennek, Town Secretary
5
Approved as to Form:
urs avn
Patricia A. Adams, Town Attorney
rOF TROP -
0
GARY A,�
..
&7
THE TOWN OF TROPHY CLUB
PUBLIC IMPROVEMENT DISTRICT NO.1
(THE HIGHLANDS AT TROPHY CLUB)
SERVICE AND ASSESSMENT PLAN
AUTHORIZED SERVICES
SEPTEMBER 4, 2008
7
T» TowN Or TROPITY CLUB
PUBLIC IMPROVEMENT DISTRICT No. 1
(THE HIGHLANDS A'r TROI'HV CLUB)
SERVICE AND ASSESSMENT PLAN
AUTHORIZED SERVICES
Table of Contents
Section i Plan Description and Defined Terms
Section E
Property Included in the PID 3
Section III
Description of Authorized Services 3
Section N
Service Plan 3
Section V
Assessment Plan 5
Section VI
Assessment Roll 6
Section VII
Miscellaneous Provisions 6
List of Exhibits
Exhibit A The PID Map
Exhibit Assessment Roll
[.1
Section I
PLAN DESCRIPTION AND DEFINED TERMS
A. Introduction
This Service and Assessment Plan is prepared and adopted in conformance with the PID Act and
pursuant to the Assessment Ordinance (both as hereinafter defined).
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. I (die highlands at Trophy Club) (tile "PID") to finance certain public
improvements and the Authorized Services for the benefit of certain property in the PID, all of
which is located within the Town.
The YID Act governs the creation of public improvement districts within the State of Texas.
Section 372.014 of die PID Act states that "an assessment plan must be included in the annunl
service plan." The assessment plan is described in Section V of this Service and Assessment
Plan.
Section 372.015 of the PID Act states that "the governing body of the municipality or county
shall apportion the cost of an improvement to be assessed against property in an improvement
district" The method of assessing die costs of the Authorized Improvements to the property in
the PID is included in Section V of this Service and Assessment Plan.
Section 372.016 of the PID Act states that "after the total cost of an improvement is determined,
the governing body of the municipality or county shall prepare a proposed assessment roll. The
roll must state the assessment against each parcel of land in the district, as determined by the
method of assessment chosen by the municipality or county under this subchapter." The
Assessment Roll for the PID is included as Exhibit B of this Service and Assessment Plan. The
Assessments as shown on the Assessment Roll are based on the method of assessment described
in Section V of this Service and Assessment Plan.
Capitalized terms used herein shall have the meanings ascribed to them in this section of the
Service and Assessment Plan.
B. Definitions
The terms used herein shall have the following meanings
"Annual Collection Costs" mean 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) die 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.
0
"Annual Service Plan Update" has the meaning set forth in the first paragraph of Section IV of
this Service and Assessment Plan.
"Assessed Property" means 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.
"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 assessed value of the Assessed Property
in the PID for the same fiscal year.
"Assessment Roll" means the document included in this Service and Assessment Plan as
Exhibit B, as updated, modified or amended from time to time in accordance with the procedures
set forth herein and in the PID Act
"Authorized Services" mean those public services providing a special benefit to the Assessed
Property and described in Section III herein and Section 372.003 of the PID Act.
"Delinquent Collection Costs" mean interest, penalties and expenses incurred or imposed with
respect to any delinquent Assessments in accordance with §372.018(6) of the PID Act and the
costs related to pursuing collection of a delinquent Assessment and foreclosing the lien against
the assessed property, including attorneys' tees.
"Non -Benefited Property" means Parcels within the boundnries of the PID 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.
"PID" has the meaning set fort[ in Section LA of this Service and Assessment Plan.
"PID Act" means Texas Local Government Code Chapter 372, Improvement Districts in
Municipalities and Counties, Subchapter A, Public Improvement Districts, as amended.
"Public Property" means property within the boundaries of the PID 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.
"Service and Assessment Plan" means this Service and Assessment Plan prepared for the PID
pursuant to the PID Act.
"Town" means the Town of Trophy Club, Texas.
"Town Council" means the duly elected governing body of the Town
m
Section II
PROPERTY INCLUDED IN THE PID
The Highlands of Trophy Club is located in the Town of Trophy Club, Texas, within Denton
County, Texas. A map of the property within the PID is shown on Exhibit A to this Service and
Assessment Plan. 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 697 acres, of which
approximately 609 acres is within the PID. Approximately 49 acres is within the planned
development but outside of the proposed PID boundaries. This property is located within
Trophy Club Municipal District No.l (MUD 1) and Trophy Club Municipal District No. 2
(NM 2). Approximately 38 acres of commercial uses is also within the planned development
but not within the PID.
At completion, die PID is expected to consist of approximately 1,474 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 die PID.
Section III
DESCRIPTION OF THE AUTHORIZED SERVICES
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."
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, pre -hospital medical stabilization or transportation of persons who are sick, injured,
wounded, or otherwise incapacitated or helpless including basic life support ambulance services,
advanced life support ambulance services, air ambulance services, and quick -response unit
services provided by the Town.
Section IV
SERVICE PLAN
The Act requires 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 update to this Service and Assessment Plan is herein referred to as the "Annual Service
Plan Update."
11
The annual projected costs are shown by the following table (Table N -A). This budget
is based on existing conditions of the property, where emergency services will be limited
to construction activity within the PID. Changes to these conditions, included the
construction and occupying of homes, will require a revision in the budget for emergency
services to be provided to the PID.
Table IV -A
Annual Projected Costs
Year
Annual Projected
Annual
Total Sources of
Costs of Authorized
Collection
Total Costs
Services
Costs
2008
$16,307.89
$0
$16,307.89
2009
$16,307.89
s0
$16,307.89
2010
$16,307.89
$0
$16,307.89
2011
$16,307.89
$0
$16,307.89
2012
$16,307.89
$0
$16,307.89
The annual projected costs are subject to revision and shall he updated in the Annual Service
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
the following table (Table IV -B).
Table IV -B
Annual Proiected Sources of Funds
Year
Annual
Total Sources of
Assessments
Indebtedness and
Funds
Other Funds
2008
$16,307.89
$0
$16,307.89
2009
$16,307.89
$0
$16,307.89
2010
$16,307.89
$0
$16,307.89
2011
$16,307.89
$0
$16,307.89
2012
$16,307.89
$0
$16,307.89
The projected sources of funds is subject to 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 IV -B shall be updated each year in the Annual Service Plan Update to reflect any
changes in the sources of funds.
12
Section V
ASSESSMENT PLAN
The 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 (iii) in any other mariner 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 according to the certified tax roll each year, excluding only Non -
Benefited Property.
The costs of the Authorized Services for the 2008-2009 fiscal year are estimated to be
$16,307.89. The Annual Collection Costs are estimated to be $0, resulting in total costs to be
collected of $16,307.89
Table V
Calculation of the Assessment Rate
Costs of Authorized Services $16,307.89
Annual Collection Costs
Total Assessments $16,307.89
Assessed value of Assessed Property $14,056,101 -
Assessment Rate (dollars per $100 of AV) $.11602
The Assessment Rate shall be applied to each Parcel of Assessed Property to determine the
Assessment to be collected for the 2008-2009 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 low, 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.
Section VI
THE ASSESSMENT ROLL
The Assessment Roll is attached hereto as Exhibit B. The Assessment shown on eacb Parcel is
equal to the assessed value of the Parcel multiplied by the Assessment Rate. The Assessment
Roll shall be updated each year upon the preparation of each Annual Service Plan Update to
13
reflect the current parcels in the PID, the assessed value for each Parcel, and the Assessment and
Annual Collection Costs due for that year.
Section VID
MISCELLANEOUS PROVISIONS
A. Amendments
The Town Council reserves the right to the extent permitted by the Act to amend this Service and
Assessment Plan without notice under the Act and without notice to property owners of Parcels:
(i) to correct mistakes and clerical errors; (ti) to clarify ambiguities; and (iii) to provide
procedures for the collection and enforcement of Assessments, Collection Costs, and other
charges imposed by the Service and Assessment Plan.
B. Administration and Interpretation of Provisions
The Town Council shall administer the PID, this Service and Assessment Plan, and all Annual
Service Plan Updates consistent with the PID Act, and shall make all interpretations and
determinations related to the application of this Service and Assessment Plan unless stated
otherwise herein or in the Bond Indenture, 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 Service and Assessment
Plan, or the application of same to an 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
Service and Assessment Plan or the application to other persons or sets of circumstances shall
not be affected thereby, it being the intent of the City Council in adopting this Service and
Assessment Plan 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 Service and Assessment Plan are declared to be severable for
that purpose.
If any provision of this Service and Assessment Plan is determined by a court to be
unenforceable, the unenforceable provision shall be deleted from this Service and Assessment
Plan and the unenforceable provision shall, to the extent possible, he rewritten to be enforceable
and to give effect to the intent of the City.
14
W
Assessment Roll
The Town of Trophy Club
Public Improvement district No. 1
(The highlands at Trophy Club)
Tax Parcel Net Taxable Assessed
Value Assessment Rate 1•Y08-09 Assessment
R305643
$0.00
$0.11602
$0.00
R525799
$1,078,604.00
$0.11602
$1,251_40
R73937
$0.00
$0.11602
$0.00
R525684
$599,754.00
$0.11602
$695.83
R533428
$0.00
$0.11602
$0.00
R312617
$44,850.00
$0.11602
$52.03
R312619
$891,260.00
$0.11602
$1,034.04
R312675
$371,147.00
$0.11602
$430.60
R313701
$55.00
$0.11602
$0.06
R533425
$0.00
$0.11602
$0.00
R313711
$105,733.00
$0.11602
$122.67
R313720
$149,929.00
$0.11602
$173.95
R525439
$0.00
$0.11602
$0.00
R533432
$0.00
$0.11602
$0.00
R533430
$0.00
$0.11602
$0.00
R171484
$63.00
$0.11602
$0.07
R171503
$1,123,001.00
$0.11602
$1,302.91
R533433
$0.00
$0.11602
$0.00
R312606
$667,728.00
$0.11602
$774.70
R312607
$4,299.00
$0.11602
$4.99
R98641
$0.00
$0.11602
$0.00
R526080
$531,359.00
$0.11602
$616.48
R171483
$0.00
$0.11602
$0.00
R526085
$576,850.00
$0.11602
$669.26
R67687
$2,458.00
$0.11602
$2.85
R98639
$6,276.00
$0.11602
$7.28
R526081
$9,906.00
$0.11602
$11.49
R525800
$795,718.00
$0.11602
$923.19
R525801
$1,774,089.00
$0.11602
$2,058.30
R200175296
$0.00
$0.11602
$0.00
R523471
$0.00
$0.11602
$0.00
R523472
$0.00
$0.11602
$0.00
R525688
$1,502.00
$0.71602
$1.74
B-1
i[
Assessment Roll
The Town of Trophy Club
Public Improvement district No. 1
(The highlands at Trophy Club)
Tax Parcel Net Taxable Assessed
Valve Assessment Rate FY08-09 Assessment
R525785
$1,494,493.00
$0.11602
$1,733.91
R523348
$9,051.00
$0.11602
$10.50
R526083
$5,503.00
$0.11602
$6.38
R526084
$2,133,346.00
$0.11602
$2,475.11
R313722
.$1,744.00
$0.11602
$2.02
R525430
$0.00
$0.11602
$0.00
R313723
$590.00
$0.11602
$0.68
R533437
$7,124.00
$0.11602
$8.27
R533438
$6,975.00
$0.11602
$8.09
R533439
$7,012.00
$0.11602
$8.14
R533440
$6,989.00
$0.11602
$8.11
R533441
$7,494.00
$0.11602
$8.69
R533260
$0.00
$0.11602
$0.00
R533262
$9,447.00
$0.11602
$10.96
R533264
$9,526.00
$0.11602
$11.05
R533287
$7,500.00
$0.11602
$8.70
R533289
$7,500.00
$0.11602
$8.70
R533290
$7,500.00
$0.11602
$8.70
R533291
$7,500.00
$0.11602
$8.70
R533292
$7,500.00
$0.11602
$8.70
R533293
$8,753.00
$0.11602
$10.16
R533294
$9,252.00
$0.11602
$10.73
R533295
$9,447.00
$0.11602
$10.96
R533296
$8,600.00
$0.11602
$9.98
R533297
$9,367.00
$0.11602
$10.87
R533298
$10,064.00
$0.11602
$11.68
R533307
$7,829.00
$0.11602
$9.08
R533309
$7,828.00
$0.11602
$9.08
R533310
$7,828.00
$0.11602
$9.08
R533311
$7,828.00
$0.11602
$9.08
R533312
$7,828.00
$0.11602
$9.08
R533313
$9,062.00
$0.11602
$10.51
R533314
$9,638.00
$0.11602
$11.18
B-2
HN
Assessment Roll
The Town of Trophy Club
Public Improvement district No. 1
(The Highlands at Trophy Club)
Tax Parcel
Net Taxable Assessed
Value
Assessment Rate
rY08-09 Assessment
R533315
$9,541.00
$0.11602
$11.07
R533316
$9,386.00
$0.11602
$10.89
R533317
$9,461.00
$0.11602
$10.98
R533318
$9,461.00
$0.11602
$10.98
R533319
$9,488.00
$0.11602
$11.01
R533320
$9,503.00
$0.11602
$11.03
R533321
$9,580.00
$0.11602
$11.11
R533322
$9,490.00
$0.11602
$11.01
R533323
$9,467.00
$0.11602
$10.98
R533324
$9,536.00
$0.11602
$11.06
R533325
$9,735.00
$0.11602
$11.29
R533326
$9,533.00
$0.11602
$11.06
R533327
$9,396.00
$0.11602
$10.90
R533328
$9,396.00
$0.11602
$10.90
R533329
$9,396.00
$0.11602
$10.90
R533330
$9,439.00
$0.11602
$10.95
R533331
$9,741.00
$0.11602
$11.30
R533332
$10,178.00
$0.11602
$11.81
R533333
$10,024.00
$0.11602
$11.63
R533334
$9,653.00
$0.11602
$11.20
R533335
$9,547.00
$0.11602
$11.08
R533336
$9,499.00
$0.11602
$11.02
R533337
$9,450:00
$0.11602
$10.96
R533338
$9,405.00
$0.11602
$10.91
R533339
$9,396.00
$0.11602
$10.90
R533340
$9,396.00
$0.11602
$10.90
R533341
$9,396.00
$0.11602
$10.90
R533342
$9,396.00
$0.11602
$10.90
R533343
$9,430.00
$0.11602
$10.94
R533344
$9,584.00
$0.11602
$11.12
R533345
$9,463.00
$0.11602
$10.98
R533346
$9,591.00
$0.11602
$11.13
R533347
$9.547.00
$0.11602
$11.08
B-3
im
Assessment Roll
The Town of Trophy Club
Public Improvement district No. I
(The Highlands at Trophy Club)
Tax Parcel
Net Taxable Assessed
Value
Assessment Rate
FY08-09 Assessment
R533348
$9,530.00
$0.11602
$11.06
R533349
$9,418.00
$0.11602
$10.93
R533350
$9,418.00
$0.11602
$10.93
R533351
$9,418.06
$0.11602
$10.93
R533352
$9,418.00
$0.11602
$10.93
R533353
$9,361.00
$0.11602
$10.86
R533354
$9,431.00
$0.11602
$10.94
R533355
$7,500.00
$0.11602
$8.70
R533356
$7,500.00
50.11602
$8.70
R533357
$7,500.00
$0.11602
$8.70
R533358
$8,438.00
$0.11602
$9.79
R533359
$8,438.00
$0.11602
$9.79
R533360
$7,500.00
$0.11602
$8.70
R533361
$7,500.00
$0.11602
$8.70
R533362
$7,500.00
$0.11602
$8.70
R533363
$8,259.00
$0.11602
$9.58
R533364
$9,013.00
$0.11602
$10.46
R533365
$9,179.00
$0.11602
$10.65
R533366
$9,472.00
$0.11602
$10.99
R533367
$8,621.00
$0.11602
$10.00
R533368
$8,118.00
$0.11602
$9.42
R533369
$7,705.00
$0.11602
$8.94
R533370
$7,500.00
$0.11602
$8.70
R533371
$7,500.00
$0.11602
$8.70
R533372
$7,500.00
$0.11602
$8.70
R533373
$8,438.00
$0.11602
$9.79
R533374
$8,438.00
$0.11602
$9.79
R533375
$7,500.00
$0.11602
$8.70
R533376
$7,500.00
$0.11602
$8.70
R533377
$7,500.00
$0.11602
$8.70
R533378
$7,580.00
$0.11602
$8.79
R533379
$8,635.00
$0.11602
$10.02
R533380
$8.111.00
$0.11602
19.41
B-4
ito
Assessment Roll
The Town of Trophy Club
Public Improvement district Na. 1
(The Highinnds nt Trophy Club)
Tax Parcel Net Taxable Assessed Assessment Rate FY08-09 Assessment
Value
R533381
$7,899.00
$0.11602
$9.16
R533382
$9,445.00
$0.11602
$10.96
R533383
$9,193.00
$0.11602
$10.67
R533384
$8,041.00
$0.11602
$9.33
R533385
$7,946.00
$0.11602
$9.22
R533386
$8,058.00
$0.11602
$9.35
R533387
$7,637.00
$0.11602
$8.86
R533388
$7,620.00
$0.11602
$8.84
R533389
$7,620.00
$0.11602
$8.84
R533390
$7,620.00
$0.11602
$8.84
R533391
$9,504.00
$0.11602
$11.03
R533392
$9,500.00
$0.11602
$11.02
R533393
$8,250.00
$0.11602
$9.57
R533394
$9,422.00
$0.11602
$10.93
R533395
$9,412.00
$0.11602
$10.92
R533396
$7,620.00
$0.11602
$8.84
R533397
$7,620.00
$0.11602
$8.84
R533398
$7,798.00
$0.11602
$9.05
R533399
$8,381.00
$0.11602
$9.72
R533400
$8,219.00
$0.11602
$9.54
R533401
$9,228.00
$0.11602
$10.71
R533402
$9,532.00
$0.11602
$11.06
R533403
$9,501.00
$0.11602
$11.02
R533404
$9,568.00
$0.11602
$11.10
R533405
$9,239.00
$0.11602
$10.72
R533406
$9,793.00
$0.11602
$11.36
R533407
$9,507.00
$0.11602
$11.03
R533408
$9,643.00
$0.11602
$11.19
R533409
$9,382.00
$0.11602
$10.88
R533410
$9,465.00
$0.11602
$10.98
R533411
$9,498.00
$0.11602
$11.02
R533412
$8,452.00
$0.11602
$9.81
R533413
$9.444.00
$0.11602
$10.96
8-5
20
Assessment Roll
The Town of Trophy Club
Public Improvement district No. 1
(The Highlands nt Trophy Club)
Tax Parcel Net Taxable Assessed
Value Assessment Rate PY118-09 Assessment
R533414
$9,525.00
$0.11602
$11.05
R533415
$9,418.00
$0.11602
$10.93
R533416
$7,500.00
$0.11602
$8.70
R533417
$7,500.00
$0.11602
$8.70
R533418
$7,500.00
$0.11602
$8.70
R533419
$7,500.00
$0.11602
$8.70
R533420
$7,500.00
$0.11602
$8.70
R533421
$9,367.00
$0.11602
$10.87
R533422
$9,590.00
$0.11602
$11.13
R533423
$0.00
$0.11602
$0.00
R533425
$0.00
$0.11602
$0.00
R533464
$0.00
$0.11602
$0.00
R533428
$0.00
$0.11602
$0.00
R533465
$0.00
$0.11602
$0.00
R533431
$0.00
$0.11602
$0.00
R533434
,$0.00
$0.11602
$0.00
R534852
$7,516.00
$0.11602
$8.72
R534853
$6,683.00
$0.11602
$7.75
R534854
$6,683.00
$0.11602
$7.75
R534855
$6,683.00
$0.11602
$7.75
R534856
$6,683.00
$0.11602
$7.75
R534857
$7,597.00
$0.11602
$8.81
R534858
$0.00
$0.11602
$0.00
R534859
$8,262.00
$0.11602
$9.59
R534860
$8,002.00
$0.11602
$9.28
R534861
$26,409.00
$0.11602
$30.64
R534862
$7,663.00
$0.11602
$8.89
R534863
$7,663.00
$0.11602
$8.89
R534864
$7,663.00
$0.11602
$8.89
R534865
$7,659.00
$0.11602
$8.89
R534866
$7,619.00
$0.11602
$8.84
R534867
$7,543.00
$0.11602
$8.75
R534868
$8,749.00
$0.11602
$10.15
B-6
21
Assessment Roll
The Town of Trophy Club
Public Improvement district No. 1
(The Highlands at Trophy Club)
Tax Parcel Net Taxable Assessed Assessment Rate RV08-09 Assessment
Value
R534869
$7,881.00
$0.11602
$9.14
R534870
$8,832.00
$0.11602
$10.25
R534871
$7,542.00
$0.11602
$8.75
R534872
$7,620.00
$0.11602
$8.84
R534873
$7,788.00
$0.11602
$9.04
R534874
$7,981.00
$0.11602
$9.26
R534875
$8,377.00
$0.11602
$9.72
R534876
$8,683.00
$0.11602
$10.07
R534877
$8,028.00
$0.11602
$9.31
R534878
$7,493.00
$0.11602
$8.69
R534879
$6,683.00
$0.11602
$7.75
R534880
$6,683.00
$0.11602
$7.75
R534881
$6,683.00
$0.11602
$7.75
R534882
$6,683.00
$0.11602
$7.75
R534883
$6,683.00
$0.11602
$7.75
R534884
$7,429.00
$0.11602
$8.62
R534885
$7,446.00
$0.11602
$8.64
R534886
$6,753.00
$0.11602
$7.83
R534887
$6,753.00
$0.11602
$7.83
R534888
$6,753.00
$0.11602
$7.83
R534889
$6,753.00
$0.11602
$7.83
R534890
$7,448.00
$0.11602
$8.64
R534891
$6,754.00
$0.11602
$7.84
R534892
$8,034.00
$0.11602
$9.32
R534893
$7,593.00
$0.11602
$8.81
R534894
$6,683.00
$0.11602
$7.75
R534895
$6,683.00
$0.11602
$7.75
R534896
$6,683.00
$0.11602
$7.75
R534897
$6,683.00
$0.11602
$7.75
R534898
$7,474.00
$0.11602
$8.67
20447888
$10,740.00
$0.11602
$12.46
R533305
$2,801.00
$0.11602
$3.25
R533454
$877.00
$0.11602
$1.02
B-7
22
Assessment Roll
The Town of Trophy Club
Public Improvement district No. 1
(The Highlands at Trophy Club)
Tux Parcel Net Taxable Assessed
Value Assessment Rate FYDS-09 Assessment
R533450
$9,402.00
$0.11602
$10.91
R533451
$6,381.00
$0.11602
$7.40
R533452
$6,272.00
$0.11602
$7.28
R533286
,$2,273.00
$0.11602
$2.64
20446270
$94,980.00
$0.11602
$110.20
20446646
$16,070.00
$0.11602
$18.64
R533265
$9,567.00
$0.11602
$11.10
R533480
$0.00
$0.11602
$0.00
R533490
$0.00
$0.11602
$0.00
R533498
$0.00
$0.11602
.$0.00
R533500
$0.00
$0.11602
$0.00
R533501
$0.00
$0.11602
$0.00
Total $14,056,101.00 $16,307.89
e -e
23
APPRAISAL REVIEW BOAR -D
DENT ON COUNTY, TEXAS
ORDER APPROVING APPRAISAL RECORDS
FOR 2008
On July 181 the Appraisal Review Board of Denton County, Texas. met to
approve the appraisal records for tax year 2008.
The Hoard finds that the appraisal records, as correcied by the Chief Appraiser
according to the orders of the Boaid, should be approved.
The Boaud finds that the sum of appraised values, as determined by the Chief
Appraiser, on all properties on which protests have been filed but not determined by this
Board is five percent or less of the total appraised value of all other taxable properties
The Board therefore APPROVES the appraisal records as corrected.
Signed on July 18. 2008
1
Betty KlcCrarv. J
CILAIRNtAN APPRAISAL REVIEW BOARD
24
CERTIFICATION OF 2008 APPRAISAL RECORDS
JULY 18, 2008
"I, Joe Rogers, Chief Appraiser for the Denton Central Appraisal District,
Solemnly swear that I have made, or caused to be made, a diligent inquiry to
ascertain all property in the district subject to appraisal by me, and that I have
included in the records all property that I am aware of at an appraised value
determined as required by law."
JOE RU ERS, C F APPRAISER
DENTON CENTRAL APPRAISAL DISTRICT
00i
DEN'I-ON County
2008 CERTIFIED TOTALS
As of Certification
FSI)? - I ROPI IN'
C1 1,111 PID NO I FNIFH6I NCV SERV ICF
Prcpony CoL.nt 236
ARE Acptoved Totals
7119!2006 64039PM
Land
Value
Hc 71s
0
INC, I lun=-s to
23.074,872
Ag Nb'kef.
6-917,266
Timberidarket
0
Total Land
H
24,992,138
Improvement
Value
Nai Hunesda:
0
Total Improvements
I,)
0
on Rea
aunt
ulue
Personal Prepedy:
3
121.790
(Amaral Property.
0
0
Autos
0
0
Total Non Reel
P)
121.790
Market Value
=
30.113.928
Ag
Won Exempt
Emi
Total P-odua, city M.r+er
6.917,266
0
Ag Use
26,351
0
Productivity Loss
1-i
6.888.915
T:mpe� IJse
0
0
Appraised Value
=
23,225.013
Procucivity Loss'.
6,888,915
0
Homestead Cap
I-0
0
Assessed Vulae
=
23.225.013
zemphon Count
Lacul
Stale Total
EX 13
0
9.162.912 9.166.912
Total Erempfon<_
1-i
9.166912
Net Taza6le - 14.056.101
APPROXIMATE TOTAL LEVY = NET TAXABLE' (TAX RATE 1100)
12.768.56 = 14956,101 "(v 090840 i 100)
Tax lnemmenl Finance Value 0
Tax Increment France Levy 0,00
ESO^'1653017 Page 208 of 472 Tme Anlumaton. Inc
NO]