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Home My WebLink AboutORD 2024-43 - Westhaven PIDORDINANCE NO. 2k2,Lj — y 3 A ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS,AUTHORIZING AN ANNUAL SERVICE PLAN UPDATE AND AN UPDATE TO THE ASSESSMENT ROLL FOR PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT, IN ACCORDANCE WITH CHAPTER 372 OF THE TEXAS LOCAL GOVERNMENT CODE; REPEALING CONFLICTING ORDINANCES AND RESOLUTIONS; MAKING SUCH OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE WHEREAS, the City Council of the City of Georgetown ("City Council") adopted Resolution No. 012621-M creating the Parks at Westhaven Public Improvement District on January 26, 2021 after notice and hearing in accordance with the requirements of the Texas Local Government Code Chapter 372; WHEREAS, the City Council adopted Ordinance No. 2021-17 ("Assessment Ordinance") on March 23, 2021, levying Assessments for costs of Improvements, approving a Service and Assessment Plan ("SAP"), approving a Construction Financing and Reimbursement Agreements, and approving a Landowner Agreement. WHEREAS, On May 17, 2021, the Parks at Westhaven Phase 1 Plat ("Phase 1 Plat") was filed and recorded in the real property records. WHEREAS, the SAP provided the definition for Trigger Date, Assessment Plan and Terms of the Assessments. WHEREAS, the City Council has received an update to the SAP ("2021 Annual Service Plan Update") in accordance with the definition for Trigger Date, Assessment Plan and Terms of the Assessments. WHEREAS, on March 22, 2022 the City Council adopted Ordinance No. 2022-30 (the "Bond Ordinance") authorizing the issuance of the City's Special Assessment Revenue Bonds, Series 2022 (Parks at Westhaven Public Improvement District) (the "Bonds") and accepting an approving an update to the SAP, as the Annual Service Plan Update for 2022 ("2022 Annual Service Plan Update"), to reflect the issuance of the Bonds and the interest rates thereon. WHEREAS, the City Council has received an update to the SAP ("2023 Annual Service Plan Update") including an updated Assessment Roll in accordance with Chapter 372 of the Texas Local Government Code, as amended ("PID Act"). WHEREAS, the City Council has received and update to the SAP ("2024 Annual Service Plan Update") including an updated Assessment Roll in accordance with the PID Act. Ordinance Number: 202Lt— zj 3 Page 1 of 2 Description: Westhaven PID 2024 SAP Update Date Approved: 2024 NOW THEREFORE, BE IT ORDAINDED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: Section 1. The facts and recitations contained in the preamble of this ordinance are hereby found and declared to be true and correct and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. Section 2. The 2024 Annual Service Plan Update attached hereto as Exhibit A, including the updated Assessment Roll contained therein, is hereby approved and accepted by the City Council. Section 3. All ordinances or resolutions that are in conflict with the provisions of this ordinance are, and the same are hereby, repealed and all other ordinances or resolutions of the City not in conflict with the provisions of this ordinance shall remain in full force and effect. Section 4. If any provision of this ordinance, or application thereof, to any person or circumstance, shall be held invalid, such invalidity shall not affect the other provisions, or application thereof, of this ordinance which can be given effect without the invalid provision or application, and to this end the provisions of this ordinance are hereby declared to be severable. Section 5. The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest. This Ordinance shall become effective and be in full force and effect in accordance with the provisions of the City Charter of the City of Georgetown. n '' PASSED AND APPROVED on First Reading on the Zj* of , 2024. PASSED AND APPROVED on Second Reading on the of-�flUKA W ✓, 2024. ATTEST: 1 Robyn ensmore, City Secretary APPROVED AS TO FORM: U� Skye Masso , City Attorney Ordinance Number: ZA24- y Page 2 of 2 Description: Westhaven PID 2024 SAP Update Date Approved: 2024 CERTIFICATE FOR SERVICE AND ASSESSMENT PLAN ORDINANCE NO. Zo ZZ y - U THE STATE OF TEXAS § COUNTY OF WILLIAMSON § CITY OF GEORGETOWN § We, the undersigned officers and members of the City of Georgetown, Texas (the "City"), hereby certify as follows: 1. The City Council of the City convened in REGULAR MEETING ON THE loth DAY OF SEPTEMBER, 2024, (the "Meeting"), and the roll was called of the duly constituted officers and members of the City, to -wit: Josh Schroeder, Mayor Amanda Parr, Councilmember District 1 Shawn Hood, Councilmember District 2 Mike Triggs, Councilmember District 3 Ron Garland, Councilmember District 4 Kevin Pitts, Councilmember District 5 Jake French, Councilmember District 6 Ben Stewart, Councilmember District 7 and all of the persons were present, except the following absentees: IVGkLi . thus constituting a quorum. Whereupon, among other business, the following was transacted at the Meeting: as written AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AUTHORIZING AN ANNUAL SERVICE PLAN UPDATE AND AN UPDATE TO THE ASSESSMENT ROLL FOR PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT, IN ACCORDANCE WITH CHAPTER 372 OF THE TEXAS LOCAL GOVERNMENT CODE; REPEALING CONFLICTING ORDINANCES AND RESOLUTIONS; MAKING SUCH OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE was duly introduced for the consideration of the City Council, and the aforesaid Ordinance included approval of the Service and Assessment Plan (the "SAP") as Exhibit A thereto. It was then duly moved and seconded that the Ordinance, including the SAP, be passed on second reading; and, after due discussion, said motion carrying with it the passage of the Ordinance, including the SAP, prevailed and carried by the following vote: YES: NO: _ 2. A true, full and correct copy of the SAP approved though the approval of the aforesaid Ordinance at the Meeting described in the above and foregoing paragraph is attached to and follows this Certificate; that the Ordinance has been duly recorded in the City Council's minutes of the Meeting; that the above and foregoing paragraph is a true, full and correct excerpt from the City Council's minutes of the Meeting pertaining to the passage of the Ordinance; that the persons named in the above and foregoing paragraph are the duly chosen, qualified and acting officers and members of the City Council as indicated therein; that each of the officers and members of the City Council was duly and sufficiently notified officially and personally, in advance, of the time, place and purpose of the aforesaid Meeting, and that the Ordinance would be introduced and considered for passage at the Meeting, and each of the officers and members consented, in advance, to the holding of the Meeting for such purpose; that the Meeting was open to the public and public notice of the time, place and purpose of the Meeting was given, all as required by Chapter 551, Texas Government Code, as amended. j SIGNED AND SEALED the 1 Oth day of Ser V, an, M 41 [CITY SEAL] Georgetown Parks at Westhaven PID: Ordinance Cent 'I S PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE SEPTEMBER 10, 2024 INTRODUCTION Capitalized terms used in this 2024 Annual Service Plan Update shall have the meanings set forth in the Amended and Restated Service and Assessment Plan (the "2022 SAP"), used for all purposes. The District was created pursuant to the PID Act by Resolution No. 012621-M on January 26, 2021 by the City Council to finance certain Authorized Improvements for the benefit of the property in the District. On March 23, 2021, the City Council approved the 2021 Service and Assessment Plan for the District by adopting Ordinance No. 2021-17 which approved the levy of Assessments for Assessed Property within the District and approved the Assessment Roll. On August 24, 2021, the City Council approved the 2021 Annual Service Plan Update for the District by Resolution No. 082321-J, which updated the Assessment Roll for 2021. On March 22, 2022, the City Council approved the 2022 SAP for the District by Ordinance No. 2022-30, which approved the issuance of PID Bonds and updated the Assessment Roll for 2022. On August 22, 2023, the City Council approved the 2023 Annual Service Plan Update for the District by Ordinance No. 2023-40 which updated the Assessment Roll for 2023. The 2022 SAP identified the Authorized Improvements to be constructed for the benefit of the Assessed Property within the District, the costs of the Authorized Improvements, the indebtedness to be incurred for the Authorized Improvements, and the manner of assessing the property in the District for the costs of the Authorized Improvements. Pursuant to the PID Act, the 2022 SAP must be reviewed and updated annually. This document is the Annual Service Plan Update for 2024. The City Council also adopted an Assessment Roll identifying the Assessments on each Lot within the District, based on the method of assessment identified in the 2022 SAP. This 2024 Annual Service Plan Update also updates the Assessment Roll for 2024. PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 1 PARCEL SUBDIVISION • The final plat of Bridgehaven Phase 1 was filed and recorded with the County on May 17, 2021, and consists of 100 residential Lots, 1 commercial Lot, and 3 Lots of Non-Benefitted Property. • The final plat of Bridgehaven Phase 2 was filed and recorded with the County on November 29, 2021, and consists of 60 residential Lots and 2 Lots of Non-Benefitted Property. ■ The final plat of Bridgehaven Phase 3 was filed and recorded with the County on November 29, 2021, and consists of 91 residential Lots and 7 Lots of Non-Benefitted Property. • The final plat of Bridgehaven Phase 4 was filed and recorded with the County on June 9, 2022, and consists of 150 residential Lots and 9 Lots of Non-Benefitted Property. 1 54 2(A) 95 2(B) 174 3(A) 5 3(B) 73 Commercial 1 Total 402 See Exhibit C for the Lot Type classification map. LOT AND HOME SALES All Lots have completed homes, and all Lots have been sold to end -users. The Owner still owns the Lot Type Commercial Lot. AUTHORIZED IMPROVEMENTS The Developer has completed the Authorized Improvements listed in the 2022 SAP for paving, water, and sanitary sewer, and they were dedicated to the City on June 17, 2022. The Developer has completed the Authorized Improvements listed in the 2022 SAP for the parkland on March 8; 2024. PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2 2024 ANNUAL SERVICE PLAN UPDATE OUTSTANDING ASSESSMENT Net of the principal bond payment due September 15, the District has an outstanding Assessment of $7,423,000.00. ANNUAL INSTALLMENT DUE 1/31/2025 ■ Principal and Interest — The total principal and interest required for the Annual Installment is $506,665.00. ■ Additional Interest — The total Delinquency & Prepayment Reserve Requirement, as defined in the Indenture, is equal to $315,477.50 and has not been met. As such, the Delinquency and Prepayment Reserve Account will be funded with Additional Interest on the outstanding Assessments, resulting in an Additional Interest amount due of $37,115.00. • Annual Collection Costs —The cost of administering the District and collecting the Annual Installments shall be paid for on a pro rata basis by each Parcel based on the amount of outstanding Assessment remaining on the Parcel. The total Annual Collection Costs budgeted for the Annual Installment is $53,858.88. PID Administrator $31,836.24 City Auditor 2,500.00 Filing Fees 1,000.00 County Collection 169.60 PID Trustee Fees 4,500.00 Past Due Invoices 5,353.04 City Fee 5,000.00 Arbitrage 2,500.00 Miscellaneous 1,000.00 Total $ 53,858.88 Principal $204,000.00 Interest 302,665.00 Additional Interest 37,115.00 Annual Collection Costs 53,858.88 Total Annual Installment $597,638.88 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 3 See the limited offering memorandum for the pay period. See Exhibit B for the debt service schedule for the PID Bonds as shown in the limited offering memorandum. PREPAYMENT OF ASSESSMENTS IN FULL No full Prepayments of Assessments have occurred within the District. PARTIAL PREPAYMENT OF ASSESSMENTS No partial Prepayments of Assessments have occurred within the District. EXTRAORDINARY OPTIONAL REDEMPTIONS No extraordinary optional redemptions have occurred within the District. SERVICE PLAN — FIVE YEAR BUDGET FORECAST The PID Act requires the annual indebtedness and projected costs for the Authorized Improvements to be reviewed and updated in the Annual Service Plan Update, and the projection shall cover a period of not less than five years. Principal $204,000.00 $212,000.00 $220,000.00 $228,000.00 $236,000.00 Interest 302,665.00 295,270.00 287,585.00 279,610.00 270,775.00 (1) $506,665.00 $507,270.00 $507,585.00 $507,610.00 $506,775.00 Additional Interest (3) $ 37,115.00 $ 36,095.00 $ 35,035.00 $ 33,935.00 $ 32,795.00 Annual Collection Costs (2) $ 53,858.88 $ 54,936.06 $ 56,034.78 $ 57,155.48 $ 58,298.59 Total Annual Installment (4) = (1) + (2) + (3) $597,638.88 $598,301.06 $598,654.78 $598,700.48 $597,868.59 ASSESSMENT ROLL The list of current Parcels or Lots within the District, the corresponding total outstanding Assessments, and current Annual Installment are shown on the Assessment Roll attached hereto as Exhibit A. The Parcels or Lots shown on the Assessment Roll will receive the bills for the 2024 Annual Installments which will be delinquent if not paid by January 31, 2025. PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 4 EXHIBIT A - ASSESSMENT ROLL 1 R610213 2(A) $ 17,610.34 $ 1,486.87 R610214 2(A) $ 17,610.34 $ 1,486.87 R610215 2(A) $ 17,610.34 $ 1,486.87 R610216 2(A) $ 17,610.34 $ 1,486.87 R610217 2(A) $ 17,610.34 $ 1,486.87 R610218 2(A) $ 17,610.34 $ 1,486.87 R610219 2(A) $ 17,610.34 $ 1,486.87 R610220 2(A) $ 17,610.34 $ 1,486.87 R610221 3(A) $ 19,246.99 $ 1,625.05 R610222 Non-Benefitted $ - $ R610223 3(A) $ 19,246.99 $ 1,625.05 R610224 2(A) $ 17,610.34 $ 1,486.87 R610225 2(A) $ 17,610.34 $ 1,486.87 R610226 2(A) $ 17,610.34 $ 1,486.87 R610227 2(A) $ 17,610.34 $ 1,486.87 R610228 2(A) $ 17,610.34 $ 1,486.87 R610229 2(A) $ 17,610.34 $ 1,486.87 R610230 2(A) $ 17,610.34 $ 1,486.87 R610231 Non-Benefitted $ - $ - R610232 2(A) $ 17,610.34 $ 1,486.87 R610233 2(A) $ 17,610.34 $ 1,486.87 R610234 2(A) $ 17,610.34 $ 1,486.87 R610235 2(A) $ 17,610.34 $ 1,486.87 R610236 2(A) $ 17,610.34 $ 1,486.87 R610237 2(A) $ 17,610.34 $ 1,486.87 R610238 2(A) $ 17,610.34 $ 1,486.87 R610239 3(A) $ 19,246.99 $ 1,625.05 R610240 2(A) $ 17,610.34 $ 1,486.87 R610241 2(A) $ 17,610.34 $ 1,486.87 R610242 2(A) $ 17,610.34 $ 1,486.87 R610243 2(A) $ 17,610.34 $ 1,486.87 R610244 2(A) $ 17,610.34 $ 1,486.87 R610245 2(A) $ 17,610.34 $ 1,486.87 R610246 2(A) $ 17,610.34 $ 1,486.87 R610247 2(A) $ 17,610.34 $ 1,486.87 R610248 2(A) $ 17,610.34 $ 1,486.87 R610249 2(A) $ 17,610.34 $ 1,486.87 R610250 2(A) $ 17,610.34 $ 1,486.87 R610251 2(A) $ 17,610.34 $ 1,486.87 R610252 2(A) $ 17,610.34 $ 1,486.87 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE R61O253 2(A) $ 17,610.34 $ 1,486.87 R61O254 2(A) $ 17,610.34 $ 1,486.87 R610255 2(A) $ 17,610.34 $ 1,486.87 R61O256 2(A) $ 17,610.34 $ 1,486.87 R61O257 2(A) $ 17,610.34 $ 1,486.87 R61O258 2(A) $ 17,610.34 $ 1,486.87 R61O259 Commercial $ 201,327.49 $ 15,962.29 R61026O 2(A) $ 17,610.34 $ 1,486.87 R61O261 2(A) $ 17,610.34 $ 1,486.87 R61O262 2(A) $ 17,610.34 $ 1,486.87 R61O263 2(A) $ 17,610.34 $ 1,486.87 R61O264 2(A) $ 17,610.34 $ 1,486.87 R610265 2(A) $ 17,610.34 $ 1,486.87 R610266 2(A) $ 17,610.34 $ 1,486.87 R61O267 2(A) $ 17,610.34 $ 1,486.87 R61O268 Non-Benefitted $ - $ - R610269 2(A) $ 17,610.34 $ 1,486.87 R61027O 2(A) $ 17,610.34 $ 1,486.87 R610271 2(A) $ 17,610.34 $ 1,486.87 R61O272 2(A) $ 17,610.34 $ 1,486.87 R61O273 2(A) $ 17,610.34 $ 1,486.87 R61O274 2(A) $ 17,610.34 $ 1,486.87 R610275 2(A) $ 17,610.34 $ 1,486.87 R61O276 2(A) $ 17,610.34 $ 1,486.87 R61O277 2(A) $ 17,610.34 $ 1,486.87 R61O278 2(A) $ 17,610.34 $ 1,486.87 R61O279 2(A) $ 17,610.34 $ 1,486.87 R629915 Non-Benefitted $ - $ R629911 Non-Benefitted $ $ - R623384 Non-Benefitted $ - $ R623385 2(13) $ 18,068.72 $ 1,432.58 R623386 2(13) $ 18,068.72 $ 1,432.58 R623387 2(13) $ 18,068.72 $ 1,432.58 R623388 2(B) $ 18,068.72 $ 1,432.58 R623389 2(13) $ 18,068.72 $ 1,432.58 R623383 3(13) $ 19,747.97 $ 1,565.72 R623391 3(13) $ 19,747.97 $ 1,565.72 R623392 3(13) $ 19,747.97 $ 1,565.72 R623393 3(13) $ 19,747.97 $ 1,565.72 R623394 3(13) $ 19,747.97 $ 1,565.72 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 6 I R6231O3 Non-Benefitted $ $ R623104 2(B) $ 18,068.72 $ 1,432.58 R6231O5 2(B) $ 18,068.72 $ 1,432.58 R6231O6 2(B) $ 18,068.72 $ 1,432.58 R6231O7 2(B) $ 18,068.72 $ 1,432.58 R6231O8 2(B) $ 18,068.72 $ 1,432.58 R6231O9 2(B) $ 18,068.72 $ 1,432.58 R62311O 2(B) $ 18,068.72 $ 1,432.58 R623111 2(B) $ 18,068.72 $ 1,432.58 R623112 2(B) $ 18,068.72 $ 1,432.58 R623113 3(B) $ 19,747.97 $ 1,565.72 R623114 3(B) $ 19,747.97 $ 1,565.72 R623115 3(B) $ 19,747.97 $ 1,565.72 R623116 3(B) $ 19,747.97 $ 1,565.72 R623117 2(B) $ 18,068.72 $ 1,432.58 R623118 2(B) $ 18,068.72 $ 1,432.58 R623119 2(B) $ 18,068.72 $ 1,432.58 R62312O 3(B) $ 19,747.97 $ 1,565.72 R623121 2(B) $ 18,068.72 $ 1,432.58 R623122 2(B) $ 18,068.72 $ 1,432.58 R623123 2(B) $ 18,068.72 $ 1,432.58 R623124 2(B) $ 18,068.72 $ 1,432.58 R623125 Non-Benefitted $ - $ - R623126 2(B) $ 18,068.72 $ 1,432.58 R623127 2(B) $ 18,068.72 $ 1,432.58 R623128 2(B) $ 18,068.72 $ 1,432.58 R629917 2(B) $ 18,068.72 $ 1,432.58 R629918 2(B) $ 18,068.72 $ 1,432.58 R629919 2(B) $ 18,068.72 $ 1,432.58 R62992O 2(B) $ 18,068.72 $ 1,432.58 R629921 2(B) $ 18,068.72 $ 1,432.58 R629922 2(B) $ 18,068.72 $ 1,432.58 R629923 2(B) $ 18,068.72 $ 1,432.58 R629924 2(B) $ 18,068.72 $ 1,432.58 R629925 2(B) $ 18,068.72 $ 1,432.58 R629926 2(B) $ 18,068.72 $ 1,432.58 R629927 2(B) $ 18,068.72 $ 1,432.58 R629928 2(B) $ 18,068.72 $ 1,432.58 R629929 2(B) $ 18,068.72 $ 1,432.58 R62993O 2(B) $ 18,068.72 $ 1,432.58 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE R629931 2(B) $ 18,068.72 $ 1,432.58 R629932 2(B) $ 18,068.72 $ 1,432.58 R629933 2(B) $ 18,068.72 $ 1,432.58 R629934 2(B) $ 18,068.72 $ 1,432.58 R629935 2(B) $ 18,068.72 $ 1,432.58 R629936 2(B) $ 18,068.72 $ 1,432.58 R629937 2(B) $ 18,068.72 $ 1,432.58 R629938 2(B) $ 18,068.72 $ 1,432.58 R629939 2(B) $ 18,068.72 $ 1,432.58 R62994O 2(B) $ 18,068.72 $ 1,432.58 R629941 2(B) $ 18,068.72 $ 1,432.58 R629942 2(B) $ 18,068.72 $ 1,432.58 R629943 2(B) $ 18,068.72 $ 1,432.58 R629944 2(B) $ 18,068.72 $ 1,432.58 R629945 2(B) $ 18,068.72 $ 1,432.58 R629946 2(B) $ 18,068.72 $ 1,432.58 R629947 1 $ 16,053.62 $ 1,272.82 R629948 1 $ 16,053.62 $ 1,272.82 R629949 1 $ 16,053.62 $ 1,272.82 R62995O 1 $ 16,053.62 $ 1,272.82 R629951 1 $ 16,053.62 $ 1,272.82 R629952 1 $ 16,053.62 $ 1,272.82 R629953 1 $ 16,053.62 $ 1,272.82 R629954 1 $ 16,053.62 $ 1,272.82 R629955 1 $ 16,053.62 $ 1,272.82 R629956 1 $ 16,053.62 $ 1,272.82 R629957 1 $ 16,053.62 $ 1,272.82 R629958 1 $ 16,053.62 $ 1,272.82 R629959 1 $ 16,053.62 $ 1,272.82 R62996O 1 $ 16,053.62 $ 1,272.82 R629961 1 $ 16,053.62 $ 1,272.82 R629962 1 $ 16,053.62 $ 1,272.82 R629916 Non-Benefitted $ - $ - R629910 Non-Benefitted $ $ R623390 Non-Benefitted $ $ - R610280 2(A) $ 17,610.34 $ 1,486.87 R61O281 2(A) $ 17,610.34 $ 1,486.87 R61O282 2(A) $ 17,610.34 $ 1,486.87 R61O283 2(A) $ 17,610.34 $ 1,486.87 R61O284 2(A) $ 17,610.34 $ 1,486.87 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 8 2024 ANNUAL SERVICE PLAN UPDATE R61O285 2(A) $ 17,610.34 $ 1,486.87 R61O286 2(A) $ 17,610.34 $ 1,486.87 R61O287 2(A) $ 17,610.34 $ 1,486.87 R61O288 2(A) $ 17,610.34 $ 1,486.87 R61O289 2(A) $ 17,610.34 $ 1,486.87 R61O290 2(A) $ 17,610.34 $ 1,486.87 R61O291 2(A) $ 17,610.34 $ 1,486.87 R61O292 2(A) $ 17,610.34 $ 1,486.87 R61O293 2(A) $ 17,610.34 $ 1,486.87 R61O294 2(A) $ 17,610.34 $ 1,486.87 R61O295 2(A) $ 17,610.34 $ 1,486.87 R61O296 2(A) $ 17,610.34 $ 1,486.87 R61O297 3(A) $ 19,246.99 $ 1,625.05 R61O298 2(A) $ 17,610.34 $ 1,486.87 R61O299 2(A) $ 17,610.34 $ 1,486.87 R61O30O 2(A) $ 17,610.34 $ 1,486.87 R61O3O1 2(A) $ 17,610.34 $ 1,486.87 R61O3O2 2(A) $ 17,610.34 $ 1,486.87 R61O3O3 2(A) $ 17,610.34 $ 1,486.87 R61O3O4 2(A) $ 17,610.34 $ 1,486.87 R61O3O5 2(A) $ 17,610.34 $ 1,486.87 R61O306 2(A) $ 17,610.34 $ 1,486.87 R61O3O7 2(A) $ 17,610.34 $ 1,486.87 R61O3O8 2(A) $ 17,610.34 $ 1,486.87 R61O3O9 2(A) $ 17,610.34 $ 1,486.87 R61O31O 2(A) $ 17,610.34 $ 1,486.87 R61O311 2(A) $ 17,610.34 $ 1,486.87 R61O312 2(A) $ 17,610.34 $ 1,486.87 R61O313 2(A) $ 17,610.34 $ 1,486.87 R61O314 2(A) $ 17,610.34 $ 1,486.87 R61O315 2(A) $ 17,610.34 $ 1,486.87 R61O316 3(A) $ 19,246.99 $ 1,625.05 R629963 1 $ 16,053.62 $ 1,272.82 R629964 1 $ 16,053.62 $ 1,272.82 R629965 1 $ 16,053.62 $ 1,272.82 R629966 1 $ 16,053.62 $ 1,272.82 R629967 1 $ 16,053.62 $ 1,272.82 R629968 1 $ 16,053.62 $ 1,272.82 R629969 1 $ 16,053.62 $ 1,272.82 R62997O 1 $ 16,053.62 $ 1,272.82 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 9 R629971 1 $ 16,053.62 $ 1,272.82 R629972 1 $ 16,053.62 $ 1,272.82 R629973 1 $ 16,053.62 $ 1,272.82 R629974 1 $ 16,053.62 $ 1,272.82 R629975 1 $ 16,053.62 $ 1,272.82 R629976 1 $ 16,053.62 $ 1,272.82 R629977 1 $ 16,053.62 $ 1,272.82 R629978 1 $ 16,053.62 $ 1,272.82 R629979 1 $ 16,053.62 $ 1,272.82 R62998O 1 $ 16,053.62 $ 1,272.82 R623397 2(B) $ 18,068.72 $ 1,432.58 R623398 2(B) $ 18,068.72 $ 1,432.58 R623399 2(B) $ 18,068.72 $ 1,432.58 R62340O 2(B) $ 18,068.72 $ 1,432.58 R623401 2(B) $ 18,068.72 $ 1,432.58 R6234O2 2(B) $ 18,068.72 $ 1,432.58 R6234O3 2(13) $ 18,068.72 $ 1,432.58 R6234O4 2(B) $ 18,068.72 $ 1,432.58 R6234O5 2(B) $ 18,068.72 $ 1,432.58 R623406 2(B) $ 18,068.72 $ 1,432.58 R6234O7 2(B) $ 18,068.72 $ 1,432.58 R6234O8 2(B) $ 18,068.72 $ 1,432.58 R6234O9 2(B) $ 18,068.72 $ 1,432.58 R62341O 2(13) $ 18,068.72 $ 1,432.58 R623411 2(B) $ 18,068.72 $ 1,432.58 R623412 2(B) $ 18,068.72 $ 1,432.58 R623413 2(B) $ 18,068.72 $ 1,432.58 R623414 2(B) $ 18,068.72 $ 1,432.58 R623415 2(B) $ 18,068.72 $ 1,432.58 R623416 2(B) $ 18,068.72 $ 1,432.58 R623417 2(B) $ 18,068.72 $ 1,432.58 R623418 2(B) $ 18,068.72 $ 1,432.58 R623419 2(B) $ 18,068.72 $ 1,432.58 R62342O 2(B) $ 18,068.72 $ 1,432.58 R623421 2(B) $ 18,068.72 $ 1,432.58 R623422 2(B) $ 18,068.72 $ 1,432.58 R623423 2(B) $ 18,068.72 $ 1,432.58 R623424 2(B) $ 18,068.72 $ 1,432.58 R623425 2(B) $ 18,068.72 $ 1,432.58 R623426 2(B) $ 18,068.72 $ 1,432.58 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 10 Parks at Westhaven[a] R623427 2(B) $ 18,068.72 $ 1,432.58 R623428 2(B) $ 18,068.72 $ 1,432.58 R623429 2(B) $ 18,068.72 $ 1,432.58 R623430 2(B) $ 18,068.72 $ 1,432.58 R623431 2(B) $ 18,068.72 $ 1,432.58 R623432 2(B) $ 18,068.72 $ 1,432.58 R623433 2(B) $ 18,068.72 $ 1,432.58 R623434 2(13) $ 18,068.72 $ 1,432.58 R623435 2(B) $ 18,068.72 $ 1,432.58 R623436 2(B) $ 18,068.72 $ 1,432.58 R623437 2(B) $ 18,068.72 $ 1,432.58 R623438 2(B) $ 18,068.72 $ 1,432.58 R623439 2(B) $ 18,068.72 $ 1,432.58 R62344O 2(B) $ 18,068.72 $ 1,432.58 R623441 2(B) $ 18,068.72 $ 1,432.58 R623442 2(B) $ 18,068.72 $ 1,432.58 R623443 2(B) $ 18,068.72 $ 1,432.58 R623444 2(B) $ 18,068.72 $ 1,432.58 R623445 2(B) $ 18,068.72 $ 1,432.58 R623446 2(B) $ 18,068.72 $ 1,432.58 R623129 3(B) $ 19,747.97 $ 1,565.72 R62313O 3(B) $ 19,747.97 $ 1,565.72 R623131 3(B) $ 19,747.97 $ 1,565.72 R623132 3(13) $ 19,747.97 $ 1,565.72 R623133 3(B) $ 19,747.97 $ 1,565.72 R623134 3(B) $ 19,747.97 $ 1,565.72 R623135 3(B) $ 19,747.97 $ 1,565.72 R623136 Non-Benefitted $ - $ - R623137 2(B) $ 18,068.72 $ 1,432.58 R623138 2(B) $ 18,068.72 $ 1,432.58 R623139 2(B) $ 18,068.72 $ 1,432.58 R62314O 2(B) $ 18,068.72 $ 1,432.58 R623141 2(B) $ 18,068.72 $ 1,432.58 R623142 2(B) $ 18,068.72 $ 1,432.58 R623143 2(B) $ 18,068.72 $ 1,432.58 R623144 2(B) $ 18,068.72 $ 1,432.58 R623145 2(B) $ 18,068.72 $ 1,432.58 R623146 2(B) $ 18,068.72 $ 1,432.58 R623147 3(B) $ 19,747.97 $ 1,565.72 R623148 3(B) $ 19,747.97 $ 1,565.72 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 11 R623149 3(B) $ 19,747.97 $ 1,565.72 R623150 3(B) $ 19,747.97 $ 1,565.72 R623151 Non-Benefitted $ - $ - R623152 Non-Benefitted $ $ R623153 Non-Benefitted $ - $ - R629984 3(B) $ 19,747.97 $ 1,565.72 R629985 3(B) $ 19,747.97 $ 1,565.72 R629986 3(B) $ 19,747.97 $ 1,565.72 R629987 3(B) $ 19,747.97 $ 1,565.72 R629988 3(B) $ 19,747.97 $ 1,565.72 R629989 3(B) $ 19,747.97 $ 1,565.72 R629990 Non-Benefitted $ - $ - R629991 Non-Benefitted $ - $ - R629992 3(B) $ 19,747.97 $ 1,565.72 R629993 3(B) $ 19,747.97 $ 1,565.72 R629994 3(B) $ 19,747.97 $ 1,565.72 R629995 3(B) $ 19,747.97 $ 1,565.72 R629996 3(B) $ 19,747.97 $ 1,565.72 R629997 3(B) $ 19,747.97 $ 1,565.72 R629998 3(B) $ 19,747.97 $ 1,565.72 R629999 3(B) $ 19,747.97 $ 1,565.72 R630000 3(B) $ 19,747.97 $ 1,565.72 R630001 3(B) $ 19,747.97 $ 1,565.72 R630002 3(B) $ 19,747.97 $ 1,565.72 R630003 Non-Benefitted $ - $ - R623154 2(B) $ 18,068.72 $ 1,432.58 R623155 2(B) $ 18,068.72 $ 1,432.58 R623156 2(B) $ 18,068.72 $ 1,432.58 R623157 2(B) $ 18,068.72 $ 1,432.58 R623158 2(B) $ 18,068.72 $ 1,432.58 R623159 3(B) $ 19,747.97 $ 1,565.72 R623160 3(B) $ 19,747.97 $ 1,565.72 R623161 3(B) $ 19,747.97 $ 1,565.72 R623162 3(B) $ 19,747.97 $ 1,565.72 R623163 3(B) $ 19,747.97 $ 1,565.72 R623164 3(B) $ 19,747.97 $ 1,565.72 R623165 3(B) $ 19,747.97 $ 1,565.72 R623166 3(B) $ 19,747.97 $ 1,565.72 R623167 3(B) $ 19,747.97 $ 1,565.72 R623168 3(B) $ 19,747.97 $ 1,565.72 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 12 -Property R623169 3(B) $ 19,747.97 $ 1,565.72 R62317O 3(B) $ 19,747.97 $ 1,565.72 R623171 3(B) $ 19,747.97 $ 1,565.72 R623172 3(B) $ 19,747.97 $ 1,565.72 R623173 3(B) $ 19,747.97 $ 1,565.72 R623174 3(B) $ 19,747.97 $ 1,565.72 R623175 3(B) $ 19,747.97 $ 1,565.72 R623176 3(B) $ 19,747.97 $ 1,565.72 R623177 3(B) $ 19,747.97 $ 1,565.72 R623178 3(B) $ 19,747.97 $ 1,565.72 R623179 3(B) $ 19,747.97 $ 1,565.72 R62318O 3(B) $ 19,747.97 $ 1,565.72 R623181 3(B) $ 19,747.97 $ 1,565.72 R623182 3(B) $ 19,747.97 $ 1,565.72 R623183 3(B) $ 19,747.97 $ 1,565.72 R623184 Non-Benefitted $ - $ - R623185 2(B) $ 18,068.72 $ 1,432.58 R623186 2(B) $ 18,068.72 $ 1,432.58 R623187 2(B) $ 18,068.72 $ 1,432.58 R623188 2(B) $ 18,068.72 $ 1,432.58 R623189 2(B) $ 18,068.72 $ 1,432.58 R62319O 2(B) $ 18,068.72 $ 1,432.58 R623191 2(B) $ 18,068.72 $ 1,432.58 R623192 2(B) $ 18,068.72 $ 1,432.58 R623193 2(B) $ 18,068.72 $ 1,432.58 R623194 2(B) $ 18,068.72 $ 1,432.58 R623195 2(B) $ 18,068.72 $ 1,432.58 R623196 2(B) $ 18,068.72 $ 1,432.58 R623197 2(B) $ 18,068.72 $ 1,432.58 R623198 2(B) $ 18,068.72 $ 1,432.58 R623199 2(B) $ 18,068.72 $ 1,432.58 R62320O 2(B) $ 18,068.72 $ 1,432.58 R63O004 2(B) $ 18,068.72 $ 1,432.58 R63OOO5 2(B) $ 18,068.72 $ 1,432.58 R630OO6 2(B) $ 18,068.72 $ 1,432.58 R63OOO7 2(B) $ 18,068.72 $ 1,432.58 R63O0O8 2(B) $ 18,068.72 $ 1,432.58 R63O009 2(B) $ 18,068.72 $ 1,432.58 R630O1O 2(B) $ 18,068.72 $ 1,432.58 R630O11 2(B) $ 18,068.72 $ 1,432.58 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 13 R630012 2(B) $ 18,068.72 $ 1,432.58 R630013 2(13) $ 18,068.72 $ 1,432.58 R630014 2(B) $ 18,068.72 $ 1,432.58 R630015 2(B) $ 18,068.72 $ 1,432.58 R630016 2(B) $ 18,068.72 $ 1,432.58 R630017 2(B) $ 18,068.72 $ 1,432.58 R630018 2(B) $ 18,068.72 $ 1,432.58 R630019 2(B) $ 18,068.72 $ 1,432.58 R630020 2(B) $ 18,068.72 $ 1,432.58 R630021 2(B) $ 18,068.72 $ 1,432.58 R630022 2(B) $ 18,068.72 $ 1,432.58 R630023 2(B) $ 18,068.72 $ 1,432.58 R630024 2(B) $ 18,068.72 $ 1,432.58 R630025 2(B) $ 18,068.72 $ 1,432.58 R630026 2(B) $ 18,068.72 $ 1,432.58 R630027 Non-Benefitted $ - $ - R630028 Non-Benefitted $ - $ - R630029 3(B) $ 19,747.97 $ 1,565.72 R630030 3(B) $ 19,747.97 $ 1,565.72 R630031 3(B) $ 19,747.97 $ 1,565.72 R630032 3(B) $ 19,747.97 $ 1,565.72 R630033 Non-Benefitted $ - $ - R630034 3(B) $ 19,747.97 $ 1,565.72 R630035 3(B) $ 19,747.97 $ 1,565.72 R630036 3(B) $ 19,747.97 $ 1,565.72 R630037 3(B) $ 19,747.97 $ 1,565.72 R630038 3(B) $ 19,747.97 $ 1,565.72 R630039 3(B) $ 19,747.97 $ 1,565.72 R630040 2(B) $ 18,068.72 $ 1,432.58 R630041 2(B) $ 18,068.72 $ 1,432.58 R630042 2(B) $ 18,068.72 $ 1,432.58 R630043 2(B) $ 18,068.72 $ 1,432.58 R630044 2(B) $ 18,068.72 $ 1,432.58 R630045 2(B) $ 18,068.72 $ 1,432.58 R630046 2(B) $ 18,068.72 $ 1,432.58 R630047 2(B) $ 18,068.72 $ 1,432.58 R630048 2(B) $ 18,068.72 $ 1,432.58 R630049 2(B) $ 18,068.72 $ 1,432.58 R630050 2(B) $ 18,068.72 $ 1,432.58 R630051 2(B) $ 18,068.72 $ 1,432.58 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 14 R630052 2(13) Outstan.ing Parks at Westhavental Annual -installment.. i $ 18,068.72 $ 1,432.58 R630053 2(13) $ 18,068.72 $ 1,432.58 R630054 2(13) $ 18,068.72 $ 1,432.58 R630055 2(13) $ 18,068.72 $ 1,432.58 R630057 1 $ 16,053.62 $ 1,272.82 R630058 1 $ 16,053.62 $ 1,272.82 R630059 1 $ 16,053.62 $ 1,272.82 R630060 1 $ 16,053.62 $ 1,272.82 R630061 1 $ 16,053.62 $ 1,272.82 R630062 1 $ 16,053.62 $ 1,272.82 R630063 1 $ 16,053.62 $ 1,272.82 R630064 1 $ 16,053.62 $ 1,272.82 R630065 1 $ 16,053.62 $ 1,272.82 R630066 1 $ 16,053.62 $ 1,272.82 R630067 1 $ 16,053.62 $ 1,272.82 R630068 1 $ 16,053.62 $ 1,272.82 R630069 1 $ 16,053.62 $ 1,272.82 R630070 1 $ 16,053.62 $ 1,272.82 R630071 1 $ 16,053.62 $ 1,272.82 R630072 1 $ 16,053.62 $ 1,272.82 R630073 1 $ 16,053.62 $ 1,272.82 R630074 1 $ 16,053.62 $ 1,272.82 R630075 1 $ 16,053.62 $ 1,272.82 R630076 1 $ 16,053.62 $ 1,272.82 Total'`' $7,422,999.31 $ 597,638.95 Notes: [a] Totals may not match the total outstanding Assessment or Annual Installment due to rounding. [b] Outstanding Assessment prior to 1/31/2025 Annual Installment. [c] Totals may not sum due to rounding. PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE is EXHIBIT B — DEBT SERVICE SCHEDULE DEBT SERVICE REQtiIRENIENTS The following table sets forth the anticipated debt service requirements for the Bonds: Year Ending (September 30) Principal Interest Total 2023 $ 62,000.00 $ 444.624.94 $ 506.624.94 2024 196.000.00 309,770.00 505.770.00 2025 204.000.00 302.665.00 506.665.00 2026 212,000.00 295.270.00 507.270.00 2027 220.000.00 287.585.00 507.585.00 2028 228.000.00 279,610.00 507.610.00 2029 236.000.00 270.775.00 506.775.00 2030 246,000.00 261.630.00 507.630.00 2031 256.000.00 252.097.50 508.097.50 2032 267,000.00 242.177.50 509,177.50 2033 278,000.00 231.831.26 509.831.26 2034 288.000.00 220,363.76 508.363.76 2035 302.000.00 208.483.76 510,483.76 2036 314,000.00 196.026.26 510,026.26 2037 327.000.00 183.073.76 510,073.76 2038 342,000.00 169.585.00 511,585.00 2039 356.000.00 155.477.50 511.477.50 2040 371,000.00 140, 792.50 511.792.50 2041 388,000.00 125.488.76 513.488.76 2042 405,000.00 109.483.76 514,483.76 2043 422.000.00 92,777.50 514,777.50 2044 441,000.00 74, 842.50 515, 842,50 2045 461.000.00 56.100.00 517.100.00 2046 482.000.00 36.507.50 518.507.50 2047 377,000.00 16,022.50 393.022.50 Total S 7.681.000.00 S 4,963,061.26 S 12,644,061.26 PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 2024 ANNUAL SERVICE PLAN UPDATE 16 I EXHIBIT C - LOT TYPE CLASSIFICATION MAP ---j— __�— f tr j I�-:• 1 ��T"'--~._ -___ .-i�( =gnu«;-- 'i� �I�.�;�;'.. ' -_ ,,-;. •=ram., ...... .... P- .,•. �.ar - '—ten __ __-_ ` ,,,,.-��. .J�. •J� �.y.�..�. :.r 1 w iatw.Y •�N VT ewwur.w4r• orn • rcn •.r :a • rc ers t.f4 PK%SE I OTX W I -.,- I 4.• .'FEE E I ®®0o0omo PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT 17 2024 ANNUAL SERVICE PLAN UPDATE EXHIBIT D - BUYER DISCLOSURES Buyer disclosures for the following Lot Types are found in this Exhibit: ■ Lot Type 1 • Lot Type 2(A) ■ Lot Type 2(B) ■ Lot Type 3(A) • Lot Type 3(B) • Lot Type Commercial PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 1 BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO THE CITY OF GEORGETOWN, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 1 PRINCIPAL ASSESSMENT: $16,053.62 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Georgetown, 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 Parks at Westhaven Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Georgetown. The exact amount of each annual installment will be approved each year by the Georgetown City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from the City of Georgetown. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]z 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS COUNTY OF DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 Notary Public, State of Texas]4 a To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Seller Signature Page to Final Notice with Current Information Of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 1 2025 1 $ 433.80 $ 643.61 $ 78.92 $ 116.48 $ 1,272.82 2026 $ 450.81 $ 627.88 $ 76.76 $ 118.81 $ 1,274.26 2027 $ 467.82 $ 611.54 $ 74.50 $ 121.19 $ 1,275.05 2028 $ 484.84 $ 594.58 $ 72.16 $ 123.61 $ 1,275.19 2029 $ 501.85 $ 575.80 $ 69.74 $ 126.08 $ 1,273.46 2030 $ 523.11 $ 556.35 $ 67.23 $ 128.60 $ 1,275.29 2031 $ 544.38 $ 536.08 $ 64.61 $ 131.18 $ 1,276.25 2032 $ 567.77 $ 514.98 $ 61.89 $ 133.80 $ 1,278.44 2033 $ 591.16 $ 492.98 $ 59.05 $ 136.47 $ 1,279.67 2034 $ 612.43 $ 468.60 $ 56.10 $ 139.20 $ 1,276.32 2035 $ 642.20 $ 443.34 $ 53.03 $ 141.99 $ 1,280.55 2036 $ 667.71 $ 416.85 $ 49.82 $ 144.83 $ 1,279.21 2037 $ 695.36 $ 389.30 $ 46.48 $ 147.72 $ 1,278.87 2038 $ 727.25 $ 360.62 $ 43.01 $ 150.68 $ 1,281.56 2039 $ 757.03 $ 330.62 $ 39.37 $ 153.69 $ 1,280.71 2040 $ 788.92 $ 299.39 $ 35.59 $ 156.77 $ 1,280.67 2041 $ 825.07 $ 266.85 $ 31.64 $ 159.90 $ 1,283.47 2042 $ 861.22 $ 232.81 $ 27.52 $ 163.10 $ 1,284.65 2043 $ 897.37 $ 197.29 $ 23.21 $ 166.36 $ 1,284.23 2044 $ 937.78 $ 159.15 $ 18.72 $ 169.69 $ 1,285.34 2045 $ 980.31 $ 119.30 $ 14.03 $ 173.08 $ 1,286.72 2046 $ 1,024.96 $ 77.63 $ 9.13 $ 176.54 $ 1,288.27 2047 $ 1,070.47 $ 45.50 $ 5.35 $ 236.43 $ 1,357.75 Total"' $16,053.62 $8,961.05 $1,077.88 $3,416.21 $ 29,508.77 Notes. [a] Interest is calculated at the actual rate of the PID Bonds. [b] Additional Interest is calculated at a 0.50% rate. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [d] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 2(A) BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. J AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO THE CITY OF GEORGETOWN, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 2(A) PRINCIPAL ASSESSMENT: $17,610.34 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Georgetown, 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 Parks at Westhaven Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Georgetown. The exact amount of each annual installment will be approved each year by the Georgetown City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from the City of Georgetown. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]2 z To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS COUNTY OF The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 . Notary Public, State of Texas]4 a To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 2(A) 2025 $ 509.87 $ 756.46 $ 92.76 $ 127.77 $ 1,486.87 2026 $ 529.86 $ 737.98 $ 90.21 $ 130.33 $ 1,488.38 2027 $ 549.85 $ 718.77 $ 87.56 $ 132.94 $ 1,489.13 2028 $ 569.85 $ 698.84 $ 84.82 $ 135.60 $ 1,489.10 2029 $ 589.84 $ 676.76 $ 81.97 $ 138.31 $ 1,486.88 2030 $ 614.84 $ 653.90 $ 79.02 $ 141.07 $ 1,488.83 2031 $ 639.83 $ 630.08 $ 75.94 $ 143.90 $ 1,489.75 2032 $ 667.32 $ 605.28 $ 72.74 $ 146.77 $ 1,492.12 2033 $ 694.82 $ 579.42 $ 69.41 $ 149.71 $ 1,493.36 2034 $ 719.81 $ 550.76 $ 65.93 $ 152.70 $ 1,489.21 2035 $ 754.80 $ 521.07 $ 62.33 $ 155.76 $ 1,493.96 2036 $ 784.79 $ 489.94 $ 58.56 $ 158.87 $ 1,492.16 2037 $ 817.28 $ 457.56 $ 54.64 $ 162.05 $ 1,491.53 2038 $ 854.77 $ 423.85 $ 50.55 $ 165.29 $ 1,494.46 2039 $ 889.76 $ 388.59 $ 46.28 $ 168.60 $ 1,493.23 2040 $ 927.25 $ 351.89 $ 41.83 $ 171.97 $ 1,492.94 2041 $ 969.74 $ 313.64 $ 37.19 $ 175.41 $ 1,495.98 2042 $ 1,012.23 $ 273.64 $ 32.34 $ 178.92 $ 1,497.13 2043 $ 1,054.72 $ 231.88 $ 27.28 $ 182.49 $ 1,496.38 2044 $ 1,102.21 $ 187.06 $ 22.01 $ 186.14 $ 1,497.42 2045 $ 1,152.20 $ 140.21 $ 16.50 $ 189.87 $ 1,498.77 2046 $ 1,204.68 $ 91.24 $ 10.73 $ 193.66 $ 1,500.32 Total"" 917.610.34 910.479.94 51.260.59 S3.4RR_13 S 32-R37_R9 Notes: [a] Interest is calculated at the actual rate of the PID Bonds. [b] Additional Interest is calculated at a 0.50% rate. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [d] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 2(B) BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO THE CITY OF GEORGETOWN, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 2(B) PRINCIPAL ASSESSMENT: $18,068.72 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Georgetown, 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 Parks at Westhaven Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Georgetown. The exact amount of each annual installment will be approved each year by the Georgetown City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from the City of Georgetown. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]z 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF _ § The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 . Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 Notary Public, State of Texas]4 " To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Seller Signature Page to Final Notice with Current Information Of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 2(B) 2025 $ 488.25 $ 724.40 $ 88.83 $ 131.10 $ 1,432.58 2026 $ 507.40 $ 706.70 $ 86.39 $ 133.72 $ 1,434.21 2027 $ 526.55 $ 688.31 $ 83.85 $ 136.40 $ 1,435.10 2028 $ 545.69 $ 669.22 $ 81.22 $ 139.13 $ 1,435.26 2029 $ 564.84 $ 648.07 $ 78.49 $ 141.91 $ 1,433.31 2030 $ 588.78 $ 626.18 $ 75.67 $ 144.75 $ 1,435.37 2031 $ 612.71 $ 603.37 $ 72.72 $ 147.64 $ 1,436.44 2032 $ 639.04 $ 579.63 $ 69.66 $ 150.59 $ 1,438.92 2033 $ 665.36 $ 554.86 $ 66.46 $ 153.61 $ 1,440.30 2034 $ 689.30 $ 527.42 $ 63.14 $ 156.68 $ 1,436.53 2035 $ 722.81 $ 498.98 $ 59.69 $ 159.81 $ 1,441.29 2036 $ 751.53 $ 469.17 $ 56.08 $ 163.01 $ 1,439.78 2037 $ 782.64 $ 438.17 $ 52.32 $ 166.27 $ 1,439.40 2038 $ 818.54 $ 405.88 $ 48.41 $ 169.59 $ 1,442.43 2039 $ 852.05 $ 372.12 $ 44.31 $ 172.98 $ 1,441.47 2040 $ 887.95 $ 336.97 $ 40.05 $ 176.44 $ 1,441.42 2041 $ 928.64 $ 300.34 $ 35.61 $ 179.97 $ 1,444.57 2042 $ 969.33 $ 262.04 $ 30.97 $ 183.57 $ 1,445.91 2043 $ 1,010.01 $ 222.05 $ 26.12 $ 187.24 $ 1,445.44 2044 $ 1,055.49 $ 179.13 $ 21.07 $ 190.99 $ 1,446.68 2045 $ 1,103.36 $ 134.27 $ 15.80 $ 194.81 $ 1,448.23 2046 $ 1,153.62 $ 87.38 $ 10.28 $ 198.71 $ 1,449.98 2047 $ 1,204.84 $ 51.21 $ 6.02 $ 266.10 $ 1,528.17 Total"' $18,068.72 $10,085.87 $1,213.18 $3,845.02 $ 33,212.80 Notes: [a] Interest is calculated at the actual rate of the PID Bonds. [b] Additional Interest is calculated at a 0.50% rate. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [d] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT— LOT TYPE 3(A) BUYER DISCLOSURE i NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO THE CITY OF GEORGETOWN, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 3(A) PRINCIPAL ASSESSMENT: $19,246.99 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Georgetown, 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 Parks at Westhaven Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Georgetown. The exact amount of each annual installment will be approved each year by the Georgetown City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from the City of Georgetown. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]z 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: DATE: SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER STATE OF TEXAS COUNTY OF The foregoing instrument was acknowledged before me by and _ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 Notary Public, State of Texas]4 " To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Seller Signature Page to Final Notice with Current Information Of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 3(A) 2025 $ 557.25 $ 826.77 $ 101.38 $ 139.65 $ 1,625.05 2026 $ 579.10 $ 806.57 $ 98.60 $ 142.44 $ 1,626.71 2027 $ 600.96 $ 785.57 $ 95.70 $ 145.29 $ 1,627.52 2028 $ 622.81 $ 763.79 $ 92.70 $ 148.20 $ 1,627.49 2029 $ 644.66 $ 739.65 $ 89.58 $ 151.16 $ 1,625.06 2030 $ 671.98 $ 714.67 $ 86.36 $ 154.18 $ 1,627.20 2031 $ 699.29 $ 688.63 $ 83.00 $ 157.27 $ 1,628.20 2032 $ 729.34 $ 661.54 $ 79.50 $ 160.41 $ 1,630.80 2033 $ 759.39 $ 633.27 $ 75.86 $ 163.62 $ 1,632.14 2034 $ 786.71 $ 601.95 $ 72.06 $ 166.89 $ 1,627.61 2035 $ 824.95 $ 569.50 $ 68.13 $ 170.23 $ 1,632.81 2036 $ 857.73 $ 535.47 $ 64.00 $ 173.64 $ 1,630.84 2037 $ 893.24 $ 500.09 $ 59.71 $ 177.11 $ 1,630.15 2038 $ 934.21 $ 463.24 $ 55.25 $ 180.65 $ 1,633.35 2039 $ 972.46 $ 424.71 $ 50.58 $ 184.27 $ 1,632.00 2040 $ 1,013.43 $ 384.59 $ 45.71 $ 187.95 $ 1,631.69 2041 $ 1,059.87 $ 342.79 $ 40.65 $ 191.71 $ 1,635.01 2042 $ 1,106.31 $ 299.07 $ 35.35 $ 195.54 $ 1,636.26 2043 $ 1,152.74 $ 253.43 $ 29.82 $ 199.45 $ 1,635.45 2044 $ 1,204.64 $ 204.44 $ 24.05 $ 203.44 $ 1,636.58 2045 $ 1,259.28 $ 153.24 $ 18.03 $ 207.51 $ 1,638.06 2046 $ 1,316.64 $ 99.72 $ 11.73 $ 211.66 $ 1,639.76 Totalldi $19,246.99 $11,452.71 $1,377.75 $3,812.30 $ 35,889.74 Notes: [a] Interest is calculated at the actual rate of the PID Bonds. [b] Additional Interest is calculated at a 0.50% rate. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [d] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 3(B) BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO THE CITY OF GEORGETOWN, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 3(B) PRINCIPAL ASSESSMENT: $19,747.97 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Georgetown, 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 Parks at Westhaven Public Improvement District (the 'District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Georgetown. The exact amount of each annual installment will be approved each year by the Georgetown City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from the City of Georgetown. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]z 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF PURCHASER 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 920 Notary Public, State of Texas]' 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS § COUNTY OF § DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and _ , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 Notary Public, State of Texas]4 a To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 3(13) 2025 $ 533.63 $ 791.72 $ 97.09 $ 143.28 $ 1,565.72 2026 $ 554.56 $ 772.38 $ 94.42 $ 146.15 $ 1,567.50 2027 $ 575.48 $ 752.27 $ 91.65 $ 149.07 $ 1,568.48 2028 $ 596.41 $ 731.41 $ 88.77 $ 152.06 $ 1,568.65 2029 $ 617.34 $ 708.30 $ 85.79 $ 155.10 $ 1,566.52 2030 $ 643.49 $ 684.38 $ 82.70 $ 158.20 $ 1,568.77 2031 $ 669.65 $ 659.44 $ 79.48 $ 161.36 $ 1,569.94 2032 $ 698.43 $ 633.50 $ 76.13 $ 164.59 $ 1,572.65 2033 $ 727.20 $ 606.43 $ 72.64 $ 167.88 $ 1,574.16 2034 $ 753.36 $ 576.43 $ 69.01 $ 171.24 $ 1,570.04 2035 $ 789.98 $ 545.36 $ 65.24 $ 174.66 $ 1,575.24 2036 $ 821.37 $ 512.77 $ 61.29 $ 178.16 $ 1,573.59 2037 $ 855.38 $ 478.89 $ 57.18 $ 181.72 $ 1,573.17 2038 $ 894.61 $ 443.61 $ 52.91 $ 185.35 $ 1,576.48 2039 $ 931.24 $ 406.70 $ 48.43 $ 189.06 $ 1,575.43 2040 $ 970.47 $ 368.29 $ 43.78 $ 192.84 $ 1,575.38 2041 $ 1,014.94 $ 328.26 $ 38.92 $ 196.70 $ 1,578.82 2042 $ 1,059.41 $ 286.39 $ 33.85 $ 200.63 $ 1,580.29 2043 $ 1,103.88 $ 242.69 $ 28.55 $ 204.65 $ 1,579.77 2044 $ 1,153.58 $ 195.78 $ 23.03 $ 208.74 $ 1,581.13 2045 $ 1,205.90 $ 146.75 $ 17.26 $ 212.91 $ 1,582.83 2046 $ 1,260.83 $ 95.50 $ 11.24 $ 217.17 $ 1,584.74 2047 $ 1,316.81 $ 55.96 $ 6.58 $ 290.83 $ 1,670.20 Total"' 519.747.97 511.023.22 Si.325.93 S4.202.37 S 36.299.49 Notes: [a] Interest is calculated at the actual rate of the PID Bonds. [b] Additional Interest is calculated at a 0.50% rate. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [d] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT — LOT TYPE COMMERCIAL BUYER DISCLOSURE NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT A person who proposes to sell or otherwise convey real property that is located in a public improvement district established under Subchapter A, Chapter 372, Local Government Code (except for public improvement districts described under Section 372.005), or Chapter 382, Local Government Code, shall first give to the purchaser of the property this written notice, signed by the seller. For the purposes of this notice, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring the notice set forth below. This notice requirement does not apply to a transfer: 1) under a court order or foreclosure sale; 2) by a trustee in bankruptcy; 3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary of a deed of trust by a trustor or successor in interest; 4) by a mortgagee or a beneficiary under a deed of trust who has acquired the land at a sale conducted under a power of sale under a deed of trust or a sale under a court - ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; 5) by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or 9) of only a mineral interest, leasehold interest, or security interest The following notice shall be given to a prospective purchaser before the execution of a binding contract of purchase and sale, either separately or as an addendum or paragraph of a purchase contract. In the event a contract of purchase and sale is entered into without the seller having provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate the contract. A separate copy of this notice shall be executed by the seller and the purchaser and must be filed in the real property records of the county in which the property is located at the closing of the purchase and sale of the property. AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO THE CITY OF GEORGETOWN, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE COMMERCIAL PRINCIPAL ASSESSMENT: $201,327.49 As the purchaser of the real property described above, you are obligated to pay assessments to the City of Georgetown, 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 Parks at Westhaven Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from the City of Georgetown. The exact amount of each annual installment will be approved each year by the Georgetown City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dates, may be obtained from the City of Georgetown. Your failure to pay any assessment or any annual installment may result in penalties and interest being added to what you owe or in a lien on and the foreclosure of your property. ' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County when updating for the Current Information of Obligation to Pay Improvement District Assessment. [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF PURCHASER DATE: SIGNATURE OF PURCHASER The undersigned seller acknowledges providing this notice to the potential purchaser before the effective date of a binding contract for the purchase of the real property at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]2 2 To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-1), Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment [The undersigned purchaser acknowledges receipt of this notice before the effective date of a binding contract for the purchase of the real property at the address described above. The undersigned purchaser acknowledged the receipt of this notice including the current information required by Section 5.0143, Texas Property Code, as amended. DATE: SIGNATURE OF PURCHASER STATE OF TEXAS § COUNTY OF _ § DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20 . Notary Public, State of Texas]3 3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment [The undersigned seller acknowledges providing a separate copy of the notice required by Section 5.014 of the Texas Property Code including the current information required by Section 5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the address above. DATE: SIGNATURE OF SELLER STATE OF TEXAS COUNTY OF DATE: SIGNATURE OF SELLER The foregoing instrument was acknowledged before me by and known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this , 20_. Notary Public, State of Texas]4 4 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and to be recorded in the deed records of Williamson County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE COMMERCIAL 2025 $ 5,440.27 $ 8,071.47 $ 989.78 $ 1,460.77 $ 15,962.29 2026 $ 5,653.62 $ 7,874.26 $ 962.58 $ 1,489.98 $ 15,980.44 2027 $ 5,866.96 $ 7,669.32 $ 934.31 $ 1,519.78 $ 15,990.37 2028 $ 6,080.31 $ 7,456.64 $ 904.98 $ 1,550.18 $ 15,992.10 2029 $ 6,293.65 $ 7,221.03 $ 874.58 $ 1,581.18 $ 15,970.44 2030 $ 6,560.33 $ 6,977.15 $ 843.11 $ 1,612.80 $ 15,993.39 2031 $ 6,827.01 $ 6,722.94 $ 810.31 $ 1,645.06 $ 16,005.32 2032 $ 7,120.36 $ 6,458.39 $ 776.17 $ 1,677.96 $ 16,032.88 2033 $ 7,413.71 $ 6,182.48 $ 740.57 $ 1,711.52 $ 16,048.27 2034 $ 7,680.39 $ 5,876.66 $ 703.50 $ 1,745.75 $ 16,006.30 2035 $ 8,053.74 $ 5,559.85 $ 665.10 $ 1,780.67 $ 16,059.35 2036 $ 8,373.75 $ 5,227.63 $ 624.83 $ 1,816.28 $ 16,042.49 2037 $ 8,720.44 $ 4,882.21 $ 582.96 $ 1,852.61 $ 16,038.22 2038 $ 9,120.46 $ 4,522.49 $ 539.36 $ 1,889.66 $ 16,071.97 2039 $ 9,493.81 $ 4,146.27 $ 493.76 $ 1,927.45 $ 16,061.29 2040 $ 9,893.83 $ 3,754.66 $ 446.29 $ 1,966.00 $ 16,060.77 2041 $ 10,347.19 $ 3,346.53 $ 396.82 $ 2,005.32 $ 16,095.86 2042 $ 10,800.54 $ 2,919.71 $ 345.08 $ 2,045.43 $ 16,110.77 2043 $ 11,253.90 $ 2,474.19 $ 291.08 $ 2,086.34 $ 16,105.51 2044 $ 11,760.59 $ 1,995.90 $ 234.81 $ 2,128.06 $ 16,119.36 2045 $ 12,293.95 $ 1,496.08 $ 176.01 $ 2,170.62 $ 16,136.66 2046 $ 12,853.98 $ 973.58 $ 114.54 $ 2,214.04 $ 16,156.14 2047 $ 13,424.72 $ 570.55 $ 67.12 $ 2,965.00 $ 17,027.40 Total"' $201,327.49 $112,380.00 $13,517.67 $42,842.46 $370,067.61 Notes: [a] Interest is calculated at the actual rate of the PID Bonds. [b] Additional Interest is calculated at a 0.50% rate. [c] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown. [d] Totals may not sum due to rounding. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment CI �j o f Ohs FILED AND RECORDED OFFICIAL PUBLIC RECORDS 2024074183 ORD Fee: $261.00 09/18/2024 08:48 AM CFIRESTONE ��ywrc Nancy E. Rister, County Clerk Will:.amson County, Texas