Loading...
HomeMy WebLinkAboutOrdinance No. 2025-25ORDINANCE NO.2025-25 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF FRIENDS WOOD, TEXAS, APPROVING THE 2025 ANNUAL UPDATE TO THE SERVICE AND ASSESSMENT PLAN AND ASSESSMENT ROLL FOR THE FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT, INCLUDING THE COLLECTION OF THE 2025 ANNUAL INSTALLMENTS; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES INCONSISTENT OR IN CONFLICT HEREWITH; PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE THEREOF. WHEREAS, the City of Friendswood, Texas (the "City") received a petition meeting the requirements of Section 372.005 of the Public Improvement District Assessment Act (the "Act" requesting the creation of a public improvement district over a portion of the area within the corporate limits of the City to be known as the Friendswood City Center Public Improvement District (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 boundaries of the proposed District, as determined by the then current ad valorem tax rolls of the Harris County 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 City; and I WHEREAS, on November 6, 2023, the City Council approved a resolution (the "Resolution") to provide for a public hearing date on December 4, 2023, to consider the creation of the District; and WHEREAS, notice of the hearing was published in a newspaper of general circulation in the City in which the District is to be located, in accordance with the Act; and WHEREAS, notice to the owners of property within the proposed District was sent by first- class mail to the owners of 100% of the property subject to assessment under the proposed District containing the information required by the Act such that such owners had actual knowledge of the public hearing to be held on December 4, 2023; and WHEREAS, the City Council approved the creation of the District by resolution approved on January 8, 2024 (the "Creation Resolution") and filed the Creation Resolution in the real property records, as authorized by the Act; and WHEREAS, pursuant to Sections 372.013, 372.014, and 372.016 of the Act, the City Council directed the preparation of a Preliminary Service and Assessment Plan for Authorized Improvements within the District (the "Service and Assessment Plan") and an assessment roll for the District (the "Assessment Roll") that states the assessment against each parcel of land within the District (the "Assessments"); and WHEREAS, the City, pursuant to Section 372.016(b) of the Act, published notice in a newspaper of general circulation within the City to consider the proposed Service and Assessment Plan for the District and the levy of the Assessments, as defined in the Service and Assessment Plan, on property in the District; and WHEREAS, the City Council, pursuant to Section 372.016(c) of the Act, caused the mailing of notice of the public hearing to consider the proposed Service and Assessment Plan and the Assessment Roll attached to the Service and Assessment 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 City Council convened the public hearing at its regular meeting on the 4a' day of November, 2024, at which all persons who appeared, or requested to appear, in person or by their attorney, were given the opportunity to contend for or contest the Service and Assessment Plan, the Assessment Roll, and the proposed Assessments, and to offer testimony pertinent to any issue presented on the amount of the Assessments, the allocation of the costs of the Authorized Improvements, the purposes of the Assessments, the special benefits of the Assessments, and the penalties and interest on annual installments and on delinquent annual installments of the Assessments; and WHEREAS, the City Council approved an ordinance levying Assessments on property within the District on November 4, 2024; and WHEREAS, pursuant to the Act, the Service and Assessment Plan and Assessment Roll is P required to be reviewed and updated annually as described in Sections 372.013 and 372.014 of the PID Act; and WHEREAS, the City Council has directed that an update to the Service and Assessment Plan and the Assessment Roll for the District be prepared for 2025 (together, the "2025 Updates"); and WHEREAS, upon approval of the 2025 Updates by the City Council, City staff is directed to file a copy of this Ordinance and the 2025 Updates in the real property records of Harris Count; and WHEREAS, the City Council now desires to proceed with the adoption of this ordinance approving the 2025 Updates attached thereto, in conformity with the requirements of the PID Act; and WHEREAS, the City Council finds the passage of this ordinance to be in the best interest for the citizens of Friendswood, Texas; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS: Section 1. That all matters stated in the preamble are found to be true and connect and are incorporated herein as if copied in their entirety. Section 2. That the 2025 Updates, which are attached hereto as Exhibit "A" and incorporated herein for all intents and purposes, are hereby approved and accepted as provided. Section 3. If any portion of this ordinance shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof; and the Council hereby determines that it would have adopted this ordinance without the invalid provision. Section 4. That this ordinance shall be cumulative of all other City ordinances; and all other provisions of other ordinances adopted by the City which are inconsistent with the terms or provisions of this ordinance are hereby repealed. Section 5. It is hereby declared to be the intention of the City Council of the City of Friendswood, Texas, that sections, paragraphs, clauses and phrases of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared legally invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such legal invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this ordinance since the same would have been enacted by the City Council of the City of Friendswood without the incorporation in this ordinance of any such legally invalid or unconstitutional, phrase, sentence, paragraph or section. Section 6. That the City Secretary is hereby directed to file a copy of this ordinance and the 2025 Updates in the real property records of Harris County, Texas; and Section 7. This ordinance shall take effect from and after its passage on second reading by the City Council of the City of Friendswood, Texas. [Signature pages to follow] INTRODUCED, READ, AND PASSED on first reading by the affirmative vote of the City y Council of the City of Friendswood this 4th day of August, 2025. ATTEST: FFtIEN I �IUAn/n6 Ox , r O RA(JU IARTINEZ, City Sec try V V APPROVED AS TO FORM: S'T �Q� �TF OF 0 �f ) KAREN L. HORNER, City Attorney STATE OF TEXAS § COUNTY OF GALVESTON§ Before me, the undersigned authority, on this day personally appeared Mike Foreman, the Mayor of the City of Friendswood, known to me to be such person who signed the above and acknowledged to me that such person executed the above and foregoing ordinance in my presence for the purposes stated therein. Given under my hand and seal of office this 4th day of August, 2025. RAOUEL P. MARTINEZ jkVtR"VM(Pftate of Texas Notary ub c, tate of Texas Comm. Expires 12-16-2026 61 �''O„ r�` Notary ID 12442177-7 1 INTRODUCED, READ, AND PASSED on second and final reading by the affirmative vote of the City Council of the City of Friendswood this 81h day of September, 2025. , Mayor ATTEST: FK1tN , �O RA U L M RTINEZ, City Secret V '7 O APPROVED AS TO FORM: 10j9TF OF KAREN L. HORNER, City Attorney STATE OF TEXAS § COUNTY OF GALVESTON§ Before me, the undersigned authority, on this day personally appeared Mike Foreman, the Mayor of the City of Friendswood, known to me to be such person who signed the above and acknowledged to me that such person executed the above and foregoing ordinance in my presence for the purposes stated therein. Given under my hand and seal of office this the 81h day of September, 2025. �o.........�14 �RAOU�uEhL P. MARTINEZ •'K �'C H Efc lic, State of Texas Notary P bli , ate of Texas :,��,....• omm. p,res 12-16-2026 Notn,VD 12442177-7 H:\City Council\PDF's for Council Meeting\2025\08-04-2025\Ordinance- Approving 2025 SAP Update Friendswood City Center PID.doc 4 .. �� � .,. t . �,F-__ .. + "'" s .. i+ i 3. . » :.. .w._,....i� __ EXHIBIT "A" �KVo Ws FRIENDSWOOD CITY CENTER 2025 ANNUALSERVICE PLAN UPDATE AUGUST 4, 2025 INTRODUCTION Capitalized terms used in this 2025 Annual Service Plan Update shall have the meanings set forth in the 2024 Service and Assessment Plan (the "SAP"). The District was created pursuant to the PID Act by Resolution No. 2024-01 on January 8, 2024 by the City Council to finance certain Authorized Improvements for the benefit of the property in the District. On November 4, 2024, the City approved the SAP for the District by adopting Ordinance No. 2024- 37 which approved the levy of Assessments for Assessed Property within the District and approved the Assessment Roll. The SAP identified the Authorized Improvements to be constructed for the benefit of the Assessed Parcels 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 SAP must be reviewed and updated annually. This document is the Annual Service Plan Update for 2025. 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 SAP. This 2025 Annual Service Plan Update also updates the Assessment Roll for 2025. PRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 1 2025 ANNUAL SERVICE PLAN UPDATE PARCEL SUBDIVISION There have not been any recoded plats in the District. See the anticipated/completed Lot Type classification summary within District below: See Exhibit C for the Lot Type classification map. LOT AND HOME SALES Per the quarterly report dated March 31, 2025, the lot ownership composition is provided below: • Developer Owned: o Lot Type 1: 0 Sq. Ft. o Lot Type 2: 0 Lots o Lot Type 3: 0 Sq. Ft. o Lot Type 4: 59,050 Sq. Ft. o Lot Type 5: 750,000 Sq. Ft. • Unrelated Third Party Owned: o Lot Type 1: 76,408 Sq. Ft. o Lot Type 2: 268,800 Sq. Ft. o Lot Type 3: 115 Units o Lot Type 4: 135,000 Sq. Ft. o Lot Type 5: 0 Sq. Ft. See Exhibit D for the buyer disclosures. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 9 I AUTHORIZED IMPROVEMENTS I Per the Developer as of March 31, 2025, the Authorized Improvements listed in the SAP for the District are currently under construction and projected to be completed in the 4th quarter of 2025. The budget for the Authorized Improvements remains unchanged as shown on the table below. Authorized Authorized Improvements Improvement Budget Budget Spent to DateN Percent of Anticipated BudgetSpent Completion Date Initial Major Improvements FM 528 Traffic Improvements $1,200,000 $ - 0.00% December 2025 Phase 1 Blackhawk Boulevarde Improvements $240,923 $ - 0.00% December 2025 Phase 1 Townes Road Improvements $271,984 $ - 0.00% December 2025 Phase 1 Madison Avenue Improvements $98,159 $ - 0.00% December 2025 Larrabee Way Improvements $817,556 $ - 0.00% December 2025 Phase 1 Earthwork, Paving and Grading $412,543 $ - 0.00% December 2025 Clearing, Grubbing and Demolition $873,609 $ 730,903.99 83.66% December 2025 Detention Pond 1 $13,983,801 $ 5,823,933.87 41.65% December 2025 Detention Pond 2 $2,018,477 $ - 0.00% December 2025 Phase 1 Storm Drainage $5,144,261 $ - 0.00% December 2025 Contingency $3,695,875 $ - 0.00% December 2025 Soft Costs $83,010 $ 975.00 1.17% December 2025 Total $28,840,198 $ 6,555,812.86 22.73% Additional Major Improvements Phase 2 Blackhawk Blvd. Improvements $3,703,530 $ - 0.00% June 2026 Phase 2 Townes Rd. Improvements 323,993 $ - 0.00% June 2026 Phase 2 Madison Ave. Improvements 213,654 $ - 0.00% June 2026 Bennett Blvd. Improvements 804,530 $ - 0.00% June 2026 Phase 2 Earthwork, Paving & Grading 1,417,727 $ - 0.00% June 2026 Water 1,007,036 $ - 0.00% June 2026 Wastewater 862,879 $ - 0.00% June 2026 Sanitary Sewer Lift Station 1,330,700 $ - 0.00% June 2026 Phase 2 Storm Drainage 179,101 $ - 0.00% June 2026 Landscaping, Parks and Amenities 5,597,472 $ - 0.00% June 2026 Fire Station 1,031,690 $ - 0.00% June 2026 Contingency 2,141,400 $ - 0.00% June 2026 Soft Costs 2,981,848 $ 0.00% June 2026 _ Total $21,595,560 $ - 0.00% Footnotes: lai Per Draw N1 approved on 1/23/2025 OUTSTANDING ASSESSMENT Net of the principal bond payment due September 15, the Initial Major Improvement Assessments has an outstanding Assessment of $36,907,000.00. The Additional Major Improvement Assessments has an outstanding Assessment of $17,746,000.00. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 3 2025 ANNUAL SERVICE PLAN UPDATE TIRZ ANNUAL CREDIT The TIRZ No. 1 Annual Credit Amount shall only be applied to principal and interest component of the Annual Installment, as further described in the SAP. Lot Type 1 76,408 $ 2.08 Lot Type 2 268,800 $ 1.73 Lot Type 3 115 $ 782.44 Lot Type 4 194,050 $ 1.46 Lot Type 5 750,000 $ 2.35 Application of qualifying property tax exemptions may decrease or eliminate the amount of the TIRZ No. 1 Annual Credit Amount on a parcel -by -parcel basis. The resulting TIRZ No. 1 Annual Credit Amount by Parcel is included in the Assessment Rolls attached hereto as Exhibit A-1. ANNUAL INSTALLMENT DUE 1/31/2026 ■ Principal and Interest — The total principal and interest required for the Annual Installment is $879,905.83. o TIRZ Credit - The total principal and interest credit from the TIRZ No. 1 Fund for the Annual Installment is $0.00 ■ Additional Interest Reserve — The total Additional Interest Reserve Requirement, as defined in the Indenture, is equal to $922,675.00 and has not been met. As such, the Additional Interest Account will be funded with Additional Interest on the outstanding Assessments, resulting in an Additional Interest amount due of $184,535.00. ■ 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 $71,800.00. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 4 2025 ANNUAL SERVICE PLAN UPDATE ministration $ 30,996.13 y Auditor $ 675.30 ng Fees $ 675.30 inty Collection $ 675.30 1 Trustee Fees $ 4,500.00 iw Request Review $ 10,000.00 Works Dev/Issuer CDA Review $ 3,500.00 lection Cost Maintenance Balance $ 10,000.00 Less CCMB Credit from Prior Years $ (10,000.00 4trage Calculation $ 1,500.00 :al Annual Collection Costs S 52.522.03 Administration $ 14,903.87 City Auditor $ 324.70 Filing Fees $ 324.70 County Collection $ 324.70 PID Trustee Fees $ - Draw Request Review $ 3,400.00 P3 Works Dev/Issuer CDA Review $ - Collection Cost Maintenance Balance $ Less CCMB Credit from Prior Years $ Arbitrage Calculation $ - Total Annual Collection Costs S 19,277.97 ■ Credit $52,522.03 Annual Collection Costs initially funded at bond closing will be applied in accordance with the terms of the SAP, reducing the total Annual Installment by $52,522.03. Principal Interest 3,463,395.83 Capitalized Interest (2,583,490.00 Additional Interest 184,535.00 Annual Collection Costs 71,800.00 Less ACC Credit (52,522.03 Total Annual Installment S 1,083,718.80 FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT S 2025 ANNUAL SERVICE PLAN UPDATE See the limited offering memorandum for the pay period of the Initial Major Improvement Assessments. See Exhibit B-1 for the debt service schedule for the Initial Major Improvement Assessments as shown in the limited offering memorandum. Please contact P3Works for the pay period for the Additional Major Improvements. See Exhibit B-2 for the reimbursement schedule for the Additional Major Improvement Assessments. 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. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 6 2025 ANNUAL SERVICE PLAN UPDATE 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 $ - $ 468,000.00 $ 499,000.00 $ 533,000.00 $ 570,000.00 Interest[-] $ 2,583,490.00 $ 2,583,490.00 $ 2,550,730.00 $ 2,515,800.00 5 2,478,490.00 Capitalized Interest $ (2,583,490.00) $ $ $ $ (1) $ - $ 3,051,490.00 5 3,049,730.00 $ 3,048,800.00 5 3,048,490.00 Additional Interest(" (2) $ 184,535.00 $ 194,535.00 $ 182,195.00 $ 179,700.00 $ 177,035.00 Annual Collection Costs]`] (3) $ 52,522.03 $ 52,042.47 $ 53,083.32 $ 54,144.99 $ 55,227.89 Annual Collection Costs Credit[`] (4) $ (52,522.03) $ (52,042.47) $ (53,083.32) $ (54,144,99) $ (55,227.89) Totdl Annual Installment Due (5) = 11) 4 (2) + (3) + (4) $ 184,535.00 $ 3,236,025.00 $ 3,231,925.00 $ 3.228.500.00 $ 3.225.525.00 Additional Major Improvements Reimbursement Obligation Principal Interest0i (5) Additional Interest[`] (6) Annual Collection Costs]`] (7) Total Annual Installment Due (8)=(5)+(6)+(7) $ - $ 226,000.00 $ 244,00D.00 $ 260,000.00 $ 277,000.00 $ 879,905.83 $ 1,242,220.00 $ 1,226,400.00 $ 1,209,320.00 $ 1,191,120.00 $ 879,905.83 $ 1,468,220.00 $ 2,470,400.00 $ 1,469,320.00 $ 1,468,120.00 $ 19,277.97 $ 19,663.53 $ 20,056.80 $ 20,457.94 $ 20,867.09 $ 899,183.80 $ 1,487,883.53 $ 1,490,456.80 $ 1,489,777.94 $ 1,488,987.09 [a] Calculated at the rate on the Series 2024 Bonds plus Additional Interest. (b) Additional Interest shall be collected on the Initial Major Improvement Bonds when the Delinquency and Prepayment Reserve Account is below 2.5%of outstanding bond par. [c] The Annual Collection Costs were Initially funded at bond closing and while levied the Annual Collection Costs component of the Initial Major Improvement Assessment will not be collected in the early years but the City will resume collection of the Annual Collection Costs once the Administrative Fund balance is reduced to $20,000, [d] Interest on the Reimbursement Obligation is calculated at a rate of 7.00% which is less than 2% above the highest average rate of the 5&P Municipal High Yield Index which was 5.50%for October 2024, as required by the PID AR. If PID Bonds are Issued, the interest rate on the Assessment will adjust to the interest rate on the Bonds plus the Additional Interest. (e) Additional Interest will be collected if Additional Major Improvement Bonds are Issued. ASSESSMENT ROLL The list of current Parcels or Lots within the District, the corresponding total Assessments, and current Annual Installment are shown on the Assessment Rolls attached hereto as Exhibit A-1 and Exhibit A-2. The Parcels or Lots shown on the Assessment Rolls will receive the bills for the 2025 Annual Installments which will be delinquent if not paid by January 31, 2026. The list of Parcels shown on the Assessment Roll is subject to change based on the final certified rolls provided by the County prior to billing. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE I EXHIBIT A-1- INITIAL MAJOR IMPROVEMENTS ASSESSMENT ROLL I oolmlei: Id] Tolabmayro[maI[bIM [olal of"".4rkuumentaMMnoal I.,Prarenlll mrwrAing bunter nlIs dlmyledalts, rate otlM Wlbl MabrlmpwemenlbMC PrizIWIon IMlnHal Mabr Mieismen[BOM[Is W'41MGgea@Mlmerest larNe WUYmentdoel/3410E6.Interest faeaeFyoar ollhe lXe ollM Yillal MalorMpovemem Aiusinent IsdegclM In Ne UebtclM[e leent , oratetbnallnassrrr dull MroYHIN [egNM(Ni, ban Mnual NstaLLnent arndse l/31er I.this Mld. M[We[tetl WM1en Ne,Is e,e. aM PaeWYment Refem NM6ha,1. sheNetual. .far I,—Mabranproemen1 Bantle. bf MwalCdknotCOATMbe assessetlea[Ayeaablas Cea a[ o[oilstoad ortf IMCisW[I.ft. Mnual Glk[Ith Casesweaethe fa NMMaehued[bWt aMwide IeMd IMMnoelCORe[Ibn Gits mmponenlofIM Id1IaIMab[Imporemenl Asuum,1.1 panel M[OYKLLtlIn lbeeadyyeau YA IMCMo tfo ome[aM on the FaUYMnoal fdk[Ibn Costsom, CM/dmWr toN., balance lsrMu[[deo FYB�Wo. Ie11MYf1 of panels 1. ,AoneFa MseivnentRdlksobjKttafAage WsedonlM1e fwl[ertMedrolhprAdMby Ne[wntyplfabd&ng. IC [u m W ebe al T RL No. l Pnrival Getli[ Amoine. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE EXHIBIT A-2 -ADDITIONAL MAJOR IMPROVEMENTS ASSESSMENT ROLL footnotes: [a] Totals may not match the total Outstni ing Assessment and Annual Installment due to rounding. [b] The Additional Major Improvement Assessments Trigger Data defined in the Service and Assessment Plan determines the Annual Installment Due Date for the Additional Major Improvement Assessments. (c) Interest will accrue on the Additional Major Improvement Assessment at a rate of 2.00%prior to the Issuance of Additional Major Improvement Bonds. Upon on the Issuance of Additional Major Improvement Bonds, the Interest fate will adjust to the rate on such PID Bonds plus Additional Interest. [d] Annual Collection Casts will be assessed each year based on actual costs to administer the District. The Annual Collection Costswere Initially funded at bond closing and while levied the Annual Collection Costs component of the Initial Major Improvement Assessment will not be collected in the early years but the City will resume collection of the Annual Collection Costs once the Administrative Fund balance is reduced to $20,00D. (e) Collection of the Additional Major Improvement Assessment shall begin with the collection of Annual Collection Costs and interest due 1/31/2026. Principal due each year for the life of Additional Major Improvement Assessment is depicted in the Reimbursement Schedule. [Q The list of Parcels shown an the Assessment Roll is subject to change based on the final certified rolls provided by the County prior to billing. FRIENOSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE EXHIBIT B-1- DEBT SERVICE SCHEDULE DEBT SERVICE REQUIREMENTS The following table sets forth the debt service requirements for the Bonds: Year Ending (September 30) Principal Interest Total 2025 $2.066.792.00 $2,066.792.00 2026 - 2.583.490.00 2.583.490.00 2027 $ 468.000.00 2.583.490.00 3.051.490.00 2028 499.000.00 2,550,730.00 3,049,730.00 2029 533.000.00 2.515.800.00 3.048.800.00 2030 570.000.00 2.478.490.00 3.048.490.00 2031 609.000.00 2.438.590.00 3.047.590.00 2032 650,000.00 2.395.960.00 3,045,960.00 2033 695.000.00 2.350.460.00 3.045.460.00 2034 742.000.00 2.301.810.00 3,043,810.00 2035 793,000.00 2.249.870.00 3.042.870.00 2036 847,000.00 2.194.360.00 3,041,360.00 2037 906,000.00 2.135.070.00 3.041.070.00 2038 968,000.00 2,071,650.00 3.039.650.00 2039 1,034,000.00 2,003,890.00 3.037.890.00 2040 1.106.000.00 1.931.510.00 3.037.510.00 2041 1,182,000.00 1,854,090.00 3.036.090.00 2042 1,263,000.00 1.771.350.00 3.034.350.00 2043 1,351,000.00 1.682.940.00 3.033.940.00 2044 I.444.000.00 1.588.370.00 3.032.370.00 2045 1.544.000.00 1.487.290.00 3,031,290.00 2046 1,650,000.00 1.379.210.00 3.029.210.00 2047 1.764.000.00 1,263,710.00 3.027.710.00 2048 1,886,000.00 1.140.230.00 3.026.230.00 2049 2.017.000.00 1,008,210.00 3.025.210.00 2050 2,157,000.00 867.020.00 3.0-14.020.00 2051 2,306,000.00 716.030.00 3.022.030.00 2052 2,466,000.00 554.610.00 3,020,610.00 2053 2.637.000.00 381.990.00 3.018.990.00 2054 2,820,000.00 197.400.00 3.017.400.00 Total S36.907.000.00 S52JJJ.J12.00 SR9 651 J12.00 FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 10 I EXHIBIT B-2 - REIMBURSEMENT SCHEDULE I 2026 $ - $ 879,905.83 $ 19,277.97 $ 899,184 2027 $ 226,000.00 $ 1,242,220.00 $ 19,663.53 $ 1,487,884 2028 $ 244,000.00 $ 1,226,400.00 $ 20,056.80 $ 1,490,457 2029 $ 260,000.00 $ 1,209,320.00 $ 20,457.94 $ 1,489,778 2030 $ 277,000.00 $ 1,191,120.00 $ 20,867.09 $ 1,488,987 2031 $ 295,000.00 $ 1,171,730.00 $ 21,284.44 $ 1,488,014 2032 $ 315,000.00 $ 1,151,080.00 $ 21,710.13 $ 1,487,790 2033 $ 336,000.00 $ 1,129,030.00 $ 22,144.33 $ 1,487,174 2034 $ 359,000.00 $ 1,105,510.00 $ 22,587.21 $ 1,487,097 2035 $ 384,000.00 $ 1,080,380.00 $ 23,038.96 $ 1,487,419 2036 $ 410,000.00 $ 1,053,500.00 $ 23,499.74 $ 1,487,000 2037 $ 437,000.00 $ 1,024,800.00 $ 23,969.73 $ 1,485,770 2038 $ 467,000.00 $ 994,210.00 $ 24,449.13 $ 1,485,659 2039 $ 499,000.00 $ 961,520.00 $ 24,938.11 $ 1,485,458 2040 $ 532,000.00 $ 926,590.00 $ 25,436.87 $ 1,484,027 2041 $ 569,000.00 $ 889,350.00 $ 25,945.61 $ 1,484,296 2042 $ 608,000.00 $ 849,520.00 $ 26,464.52 $ 1,483,985 2043 $ 649,000.00 $ 806,960.00 $ 26,993.81 $ 1,482,954 2044 $ 694,000.00 $ 761,530.00 $ 27,533.69 $ 1,483,064 2045 $ 741,000.00 $ 712,950.00 $ 28,084.36 $ 1,482,034 2046 $ 793,000.00 $ 661,080.00 $ 28,646.05 $ 1,482,726 2047 $ 847,000.00 $ 605,570.00 $ 29,218.97 $ 1,481,789 2048 $ 905,000.00 $ 546,280.00 $ 29,803.35 $ 1,481,083 2049 $ 967,000.00 $ 482,930.00 $ 30,399.42 $ 1,480,329 2050 $ 1,033,000.00 $ 415,240.00 $ 31,007.41 $ 1,479,247 2051 $ 1,105,000.00 $ 342,930.00 $ 31,627.55 $ 1,479,558 2052 $ 1,181,000.00 $ 265,580.00 $ 32,260.10 $ 1,478,840 2053 $ 1,263,000.00 $ 182,910.00 $ 32,905.31 $ 1,478,815 Total Footnotes: [aj Interest on the Reimbursement Obligation is calculated at a rate of 7.00%which is less than 2% above the highest average rate of the S&P Municipal High Yield Index which was 5.50% for October 2024, as required by the PID Act. If PID Bonds are Issued, the interest rate on the Assessment will adjust to the interest rate on such PID Bonds plus the Additional Interest. [b]The figures above are estimates only and subject to change in Annual Service Plan Updates. Changes In Annual Collection Costs, interest earnings, or other available offsets could increease or decrease the amounts shown. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 11 2025 ANNUAL SERVICE PLAN UPDATE EXHIBIT C - LOT TYPE CLASSIFICATION MAP HOTEL I I IS ROOMS C� RETAIL 176.408 SF O OFFICE 1184.050 SF O MIXED USE 1 268,8W SF ® GARAGE 11.015 PARKING SPACES O APARTMENTS 1760,000 SF FM 528 TANNOS DEVELOPMENT GROUP. 110 FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 528 FRIENDSWOOD -9 CITY CENTER kF� SITE PLAN 4 12 EXHIBIT D — BUYER DISCLOSURES Buyer disclosures for the following Lot Types are found in this Exhibit: ■ Initial Parcel ■ Lot Type 1 ■ Lot Type 2 • Lot Type 3 ■ Lot Type 4 • Lot Type 5 FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 13 } F� RIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT — INITIAL PARCEL 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 truster 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS INITIAL PARCEL PRINCIPAL ASSESSMENT: $54,653,000.00 As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center 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 City of Friendswood. The exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris 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 SELLER12 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-I), 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 ofTexas]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 Harris 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 Notary Public, State of Texas]' , 20_ ° 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - INITIAL PARCEL 3b6 $ $ I$W.I. $ a,563A90m1 $ O1.1ta03 $ I11113J031 $ ! m $ dm$ $ $$ $j$ x300335] $S $S 1]960.],0MTI3mm },584,190m $ .515m $ $ a... $ ]9,K)53 $ l[ 36I $ 1%m$ ]SW]¢% $ $ 16,IXm $ $ M0.$ 1,}IkKOm.X19tpx5]6).190) $ -- MI9 s)),WLp $ 451BW $ S lu.% Su$ 1]9Om $ ] O3m S 1]M.)W $ N15% l$ 1.. $)O.WIA $ 01.21. S I11A17l91 $ Th011. $ $ 4 m S A. 4,19U. }bl S Wm $ SA.Oa $ S b)M $ I26b71)9) $ 174.HSm $ A O. $ $ IANAl1AI $ 1,]39ML19 )A50WW $ S)A5m $ IILMm S ; 0.m SmI4]O I IAB)Al3 $ [16;3llU .1.W$ iI090.W$ S t%21 $ 1".. S 3 .}033 63011 lA6?I[ll }Ol9 S .1.S xAmAIS 59.a[[ M.usm S S V W IAmpd}1 S d,n;lobs 2,MOAM% Q976m $ 5 IIpAABW6Nt9)),IBt5nl6lI)m IId916l...,,..11O>]]11I55t}191.39L91nI9N1]158IOl)m.m.O93p51I9WOB 3036 al.. 1.I9[m ,1 $ W$ $$ U%.939.3.6]6 1 .. S.Xpm% S S Qo9et $ 152.S U51Ala6 n]Aoom S 1Ax1,%o00 $ 349nn S 49653 S d,)d?lu}t 303[ 9WWm $ 'A]4"'. $ - $ U.)N3] $ - $ 1[l.9]SW $ $ 1.x SI5l)}1 j I6],MW $ 9H.330m $ x1,u9.13 $ - S - $ IA.Waa 3 $ SW9 $ IA)[.WJ"a $ ImlFN 00 $ - $ K.I. $ - S I[3,1]Sm $ $ 3,xd]A}461 S 4"ass.W $ 961.5x0m $ 21,93411 $ - $ S M6;65LI1 $ 4.132A6S.S$ IOW $ 1,IO6AtlW $ 1,93M1000 f - $ 6?II269 $ - S MSOSW $ - S 3,N3,]9].69 $ 5)3MO.W $ 9M,5%m $ 3;43611 $ - f j MGA}6ID $ 9.136AM36 .a $ l,et3,COf 01 $ Ip"'One, f - $ W .93 $ - S I11415m $ $ 3,331A9491 $ 569,. $ .111. $ 3;965.61 $ - $ $ 1,414A95.61 $ a,711A 5[ lb3 $ 1,363AW.m $ l.)]I.ISOW $ - $ M,04231 $ - S ISk515m $ $ ) AR1.31 $ W4ODm $ sEOfq $ $ IA.1.91al $ a,)l[,%Id[ .1 $ ma,AUW $ Ibt},990W S - S ]1.N 3.I6 $ - S mt. $ $ lal%.3.16 $ 6[9,0]0.0] $ 9049Wm $ Ik.Ial1 $ - $ - $ I1A ael $ 1,)0;5[69) ]019 $ IA44'.. $ I,SY,3)O.OI f - $ J?6]t➢E $ $ II)ASSW $ $ 3.x16,69].01 $ 691,WJW $ 761,SMm $ T),533b9 $ 9.]OI,160.)l .1 $ ;sM,CMm $ ?a[),MO.W $ - $ ]a,lx9A6 $ - $ 1%,335m $ $ 3.3tepSaK $ ]14WIm $ )1?930m $ 3&W136 $ - $ $ IASIM4,. $ 1b93pYl' Sb6 $ 1F50,(IW.fO $ IxvtoW $ - $ ]5,616m $ - f 9klal- $ $ )]OISa1.W $ 191.WJm $ %],NOW $ 2&.tte5 $ $ S lAt1.]36M $ 4,61611. EMI $ l,b,d . 3 9g36m $ $ 3195,M).31 $ %,Wxm $ WSSIOm $ M,,Lt9] $ Ip61.7W $ 1,6)]%1.i lWB $ aj, . S I,IW3Mm $ - $ ]Alte.x $ t1AWm $ $ 3,aMI.➢ $ SW.)mm $ HW5 $ 1A91m.IS $ 4.66]63)3) ]W9 $ 311 , 3 , AA 3pAI, . m$ $ 61,N5]3 $ $ 69Mm $ - $ 3,1NAls.]3 $ ]p))(mm S 91;MOM $ 3I,0107AI $ - $ S 1,I79,i97,91 $ 4bIM63.11 E051 $ M%(w-O.[O $ Ie40IDm $ $ $ 5115M $ $ .A $ 31.9Mm $ )4621SS $ $ LIM.SS>.55 $ 1,6tM )II6A.II39sW}9 30. $m$ S,6L ;6419 $ 9=9 )13-1 L$ taN.. $ 3}.QIO $ $ M4%0e0 S IA 3053 $ I61]M)m $ $ $ t],%tlS , $ I,lbmO.[➢ $ 1.493OM $ A..31 $ - $ - $ ta]tpl53l $ Ibl},1>9.e} MSf $ }ASO,Mp.OI $ 1919M.N 59 $ la.1NW $ l.OS1AMM $ tak. IlM W $ %,sNN $ 33561,91 $ IA)O.WOM $ 1.%tdl S ]65bm TeeX 53 %)Ab.W 3 }Hla%m If lS9m SEfI.NSAf $3f19 M.EO $ 13,051.. S • eel.. 1 $1))a $t39N b(W 1a1 6.W $ 11) m S Im S Z3h244h611,j 6MrwlF: IallnWerl brakuahan., en1eo11Mln'nlal Mnorlmpwxnenl%M[ lb�MMnw bn WFi1YN/boad[biNxaMxlixekaiMlMMnuMWk[Ilon CwV[amparcMallFe InAYIMaIOr ImgonmeMNl<xmenln6l rothe[o]ertetlFlleexl/KaVMtM1e QyxVreaurc[Nk[OonallM1e Mrual[tlln(bn6aaY w.[e Ne dNwa AIta.Lrc11M10 $iahOOO. 1[I IMOe4qnnryaMlrapaYmeMPFem K[ouMgr1Y113HMadalrlmlr[.PhGllendlnler<N aNYbem&[I<donllrt INbl Malor NnprwementbndawhnlN bHO'wnry andprep3meM Pnerve/unimib Gbw}SM ollSepaaamaarla/Neln%lal MalarlmgwemeM bMi Id S+tlWe[IMTP In,-, GedtNnow,a,alrui'xbeukWled arvtwlNF<x6MaiuLXnl[eplan Vpfale.aly lwwalvnnaboearewllmaYawi/ndwble[Ilo[Nn[eMMxraISeM[e IYn VMxei Uaryealn.9nawalfule[Ibn Cmy MettYxbn of .ltldOonallMuertwaerrt HMreyMe Inter n'rdt Ybkadat 1.afat.."ea wh4eets. satory Oral aArealonleebeFduate Onnl Ot'Ialbn is[al[Wthedala[aleol].W%xbktlskn lNn]%a6wetAelJPertanra$e ralea11M1e561MW[Ipa1M16b 1leW IMw MYAweaS SOb Iw O[taker Mld. asaeplretlb)UepIOA[tll%O bntlr arelbuetl, IM1e FlereNrxeonlN.$ssessmenl w61 agwl to IN Nuw n eate on wm vl0 Oana plw IM Finalum mmen. Ill dsromea lteaekateolntervelwdmoneylntNlaaretunenl Kar. llsuaM1reaervel✓.dmmeylsmaavaiYpk.IM1etWInkWMbor lmproaenieMKaearmenl and boat Mllbrul Maloalmprwement MaeaameMM[Ircaeale. alMdl'pN11n1ereal Yrall berolnlNupnlNluwuenl Ne,lddM1bnal MelwlmgaramenabMv Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment L7f�o OD CITY CENTER PUBLIC IMPROVEMENT DISTRICT — LOT TYPE I 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: I) 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 truster 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 1 PRINCIPAL ASSESSMENT: $41.17 per Square Foot As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center 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 City of Friendswood. The exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris 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 Notary Public, State of Texas]' ,20 ' 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 Harris 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 Notary Public, State of Texas]' , 20_ ' 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - LOT TYPE 1 2026 S - f 1.N S P9s) $ IN 5 1003) $ o.M $ $ 014 S - 5 D% S DOI S - $ - $ o.w $ Dfix 2" S a353 5 1% $ - S ON$ IDw) S o.M $ $ 3.a S D.v0 $ 096 S 0.D1 S - j - 5 31x $ 1% 3026 $ 0.376 $ 19} $ - $ ON $ [ON) $ p.16 S - $ lA3 $ O.IM $ 09] $ ON $ - $ f I019 $ OAO} $ 190 $ - $ ON $ t00a) $ 0." $ - $ 2A3 $ 0.1% $ 091 $ ON $ - $ $ 1.12 5 3S5 1. $ 0.429 $ ld] S - $ OOS $ VIN15 0.13 $ $ lA3 S Ox09 $ 0. $ OAx S - $ j to $ 355 INI $ 0.69 S IN $ - $ ON $ t00}I $ ..if $ $ lAs S 02}} $ 0.% $ OAx $ - $ $ IAA S 337 INl $ OS% $ I. $ - $ OM $ - $ 0.o $ $ lA] S 0.I37 $ 0l] $ O43 $ - $ $ LIx $ 399 I033 $ OS}d $ 1,73 $ $ OM S - $ 0.11 $ - $ 2A6 $ 0.353 $ 0. $ OAi $ - $ $ Idx $ 359 I034 $ 0.559 $ 1.]3 $ - $ OAS $ - $ O.li $ - S ]A6 $ OE]o $ Obi S OAI $ - $ $ 1.13 S 358 xN5 $ O.SN $ 169 $ - $ ON $ - $ O.li $ - S 2,46 $ 0]69 $ Obl $ DAI $ - $ $ 1.33 $ 358 103, $ 0.636 $ 165 $ - $ 0M $ - $ O.II $ - $ IA6 $ 05N $ 0.79 $ DAI $ - $ $ 112 l037 $ 0682 S L61 S $ ON $ - $ 0.11 $ $ 2.41 $ 0319 $ 0.37 $ DN $ - $ j 1.12 $ 3.57 2038 $ 0.729 $ L% S $ 0.N $ - $ O.II $ $ xA5 $ 03si $ 0.35 $ 00} S - j j 1.12 $ 3.57 ]039 $ 0]M $ 151 $ - $ ON $ - S DII $ $ IAS $ 0336 $ O.]l S DOE $ - $ $ Lll $ 357 2N0 $ OA. $ 1,46 $ - $ IN $ - S DID $ $ 2.0 $ OA01 $ 1.. $ 0A2 $ - $ S LIx 1011 $ 06% $ 1. $ - S ON $ S 0.. $ $ 2.0 S O.ai9 $ 0.67 $ 0,02 $ - $ $ 1.12 2DS2 $ 0.951 $ I53 $ - $ 0. $ $ 0A. $ $ 2.43 S 0656 5 ObS $ IN $ - $ $ LIx $ 3.55 2N3 $ IAIB f I]] $ - S OM $ $ 0.N j j 2.43 $ O.a69 $ 0,61 $ IN $ - $ f IAA j 355 ]N9 $ I'm $ 1.20 $ - S OAS $ - $ I.N $ $ ISx S 05}3 $ Os] $ IN $ - $ $ Llx S 350 INs $ 1.163 $ L12 $ - $ No, $ - $ QN $ - $ xAl $ 0558 $ OSS S IN $ - $ $ 1.13 $ 3.55 IN6 $ 1.353 $ 1N $ - $ O. $ - $ 047 $ $ xAI $ 0.597 $ OW $ ON $ - $ - $ 1.12 $ 353 xN] f 1329 $ .1 $ - $ OA6 $ - $ 0.0] $ - $ l.o $ Ob38 $ 0.46 $ DAI $ - $ - $ 1.13 $ 3.52 xNr S IA}I S Ob6 $ - $ 0. $ - $ OW S $ 2. S 0682 $ OA1 $ OA} S - $ j I'u $ 3.5} lN9 $ IS19 S 076 $ - $ Opfi $ - $ I. 5 $ ]59 $ D]N $ 0.31 $ 00} $ - j j Im $ 35I IOSp $ 1625 $ OAS $ - $ OM S - $ 0.pS $ $ ]39 $ 0.338 $ 0.11 S 003 $ - $ S 1.11 $ 350 1051 $ 1.]3] S 051 $ - $ 006 S - $ ON $ $ 1.38 $ 083I $ 0]6 $ 003 $ - $ S I.II $ 31A 2052 5 Ilse $ 0.01 $ - $ 006 S S om S S 3.37 S 1... $ DID 5 0.0s $ - 5 f I.11 $ 3a6 ]Osl $ 19K $ 0]9 $ - $ ON $ $ p.0] S $ 3.36 $ 0951 $ 0.18 $ O,01 $ - $ f LII $ 3A3 20s4 2.1241 ILK S $ pm $ - S I.ol L% $ oas S 1A17 $ 007 5 D.N 131 S .41 S p.N 3da1 $ I]AO 3818 195 $ 1.41 $ 1.111 $ I.. 1 ILM)$ 65.]l $ 13.37 ... $ D56 LII $ ... $ 86AI foolnolea: Ial blertsl LLaakulalM allberaleol01e4MW Mala lmprovemenlOmEs. SDI lbePmual COMectimtoars were vi0alry(wde6 alboM[IaYry aM wbkleviM Veluvvral CdlMion Cnlrmm}veM ollM1elrtimal Mafwbprwemenl OruamenlwJlmibewpn\M bVuearlyyeaRhulDle GNwi11 mwnecdk[tipnd .1-1 f¢'le[Dm Cosas onu IM1e It.se- ativeruntl balamebrecordbrocill . scl lh DtlrvryWts. Mprepa3meM ,nl lnowlwas WwallYluMetlal[bilri{. Md111mal lnlererlaM1all Be[dkttMonVulrilul Malarlmpoumenl BarWrwM1m Vw DeSNuercy and PepaYinenr flm<rve Aa[owr lebNpw },5%o1Ne Wr old, 11.Mrror Mgorcmenlvt ItlI4dWea Ve PflZliss GeBe}mowrwMbmllbe'sw.cr amwNy9r a rniOmlW Senile I. Vpdale.3lw({werLre orlaboveueearin.-IssiYrgsuS{e[lla MryelnMrvlSerci[eplan Vp]aletfbvyes In Mnwl Cdk[Wn 1.1 ni Vw Wk1. fer burs-ul AlereaC reurve-shed ..1.ofi. wst earnlliless 12 avhovs, hoW rssta YcreasewEh[uau 0eamo1HighYwn. IeI Initterl on INfleimbu.- DIDohl Otlplm Is 1 sch.vtlalauroisest .c.,.issfic ac.., so aWrerbeNNesl awryeraleol Ne58PMmtipal High YeW IMe[which was s.50%3oO[bh<rINS,aart9tinetl bYrh RDM.11 p10 Bontla are soueQ, the alraleonlhossil-isd wi l acjmr to 1Ise.srrareonrmM1 Rick! 111-1cisAM�0uml Mlnerl Ifl Msumea Ner..... romp Nrtl moreYNluulasusvnenr3eu.11su[M1refery so ohn, bmravrYble. Nelvul NIILMalorlmpmemm[MusunenlaM finallMi0w1Malwlmpwxmwr AtaermmrwYl91[reafe. I8I Mirrlarul Nbual stall 8e m11M[c u W n V e I...... f Ue 8dilnnal Malor Yn W oremml BaM. Annual Installment Schedule to Nolice of Obligation to Pay Improvement District Assessment FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 2 PRINCIPAL ASSESSMENT: $34.24 per Square Foot As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center 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 City of Friendswood. The exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris 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 SELLER12 a 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 Notary Public, State of Texas]' , 20 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to he executed at the closing of the purchase and sale and to be recorded in the deed records of Harris 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 Notary Public, State of Texas]' , 20_ 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS -LOT TYPE 2 3036 $ $ Ibl $ 11631 $ OL3 $ IOWI $ O55 $ ODI $ - $ j 'O56 $ ON 303) $ 039 $ 163 $ - $ 003 $ (Oba $ 013 $ $ 3D3 $ 0.I0 $ D]t $ 0D1 $ - $ - $ 0.93 $ 3% 3036 $ "1 $ Im $ - $ OZ3 $ 10D31 $ 0.11 $ - $ 3➢3 $ 0.n $ 0]) $ 001 $ - $ $ 0.93 $ }% 3039 $ 033 $ "a $ - $ 0➢3 $ Wu $ O.II $ - $ 343 $ Ql6 $ 0.16 $ OLI $ - $ $ 099 $ }.. M30 $ 03. $ 15S f - $ 0➢3 $ 10D31 $ 0.11 $ $ 303 $ O.IJ $ 0l5 }031 $ 039 f 153 $ - $ p➢G $ 1002I $ 0.11 $ $ 3O9 $ 011 $ S032 $ OA1 $ 1. $ - $ 0K $ - $ "t $ $ }D5 $ Ol0 $ 0.73 $ .1 $ - f $ 093 $ 399 "n f OA< f IA] $ $ OM $ - $ "1 $ $ }DS $ Olt $ 071 $ 0➢1 $ - $ - $ 0.93 $ 3% nu $ OA6 f IA6 $ - $ OM $ - $ 01. $ $ }DS $ 032 $ .1 $ .1 j - $ - $ 0.93 $ 3% M35 $ OM $ IA1 $ - $ OM $ - $ 0.10 $ $ }q $ 01$ j OK f 0.01 $ - $ - $ 0.93 $ 399 3036 $ 053 f 137 $ - $ OW $ - $ 010 $ $ }q $ 0l6 $ Ob6 $ 0D1 $ - $ $ 0.93 $ 39) .17 $ OS) $ 134 $ - $ OM $ - $ 0.10 $ - $ 3D1 $ Ol) $ OK $ OD) $ - f $ 0% S 397 30M $ "t $ 1J $ - $ GM $ - $ 0➢9 $ $ 3D1 $ Ol9 $ O63 $ 0w $ - $ $ 093 $ 39] 3039 $ US $ 116 $ - j 0M $ j Of9 $ $ 3D3 $ 031 $ 0K $ ow $ - j $ 093 $ 3% 2. $ 0M $ 1l1 $ - $ 0M $ - $ 099 $ $ }D] $ 033 $ .. $ ow $ - $ $ 0.93 $ 3% loll $ 0..74 $ IJ6 $ - $ 0M $ - $ OM $ $ }Dl $ 0.36 $ 056 $ ow $ - $ $ 093 $ 3% loll $ 0]9 $ 'At $ - $ OM $ - $ OM $ $ 2L2 $ us $ 053 $ OD3 $ - $ j 0% $ 395 2.l $ 095 $ 195 $ - $ oM $ - $ OM $ $ lDl $ OA1 $ 051 $ OD} $ - $ j 093 $ 2.95 2. $ 0.. $ 093 $ - $ OM $ - $ OD) $ - $ 2D2 $ OA3 $ OA6 $ ODl $ - $ j 093 $ 2.95 3095 $ 0.9] $ 093 $ - $ 005 $ - $ OD) $ - $ 2➢1 $ OA6 $ OAS $ OD3 $ - $ $ 093 $ }% 30W $ IDl $ Ol6 $ - $ ODS $ - $ 0" $ S 2➢1 $ . $ OAI $ OD} $ - $ $ 093 $ 3% ld) $ 1" $ O.19 $ $ om $ - $ 0lb $ - $ 'm $ .3 $ 03t $ O43 $ - $ $ 0.93 $ 293 2d6 $ I.IR $ 071 $ $ OM $ - $ 0M $ - $ lM $ . $ 036 $ 003 $ $ $ 0.93 $ 293 HX9 $ I16 $ Ob3 $ - $ OM $ - $ 0M $ $ Im f 011 $ ... $ 003 $ - $ $ 09l S 393 NI50 $ 135 $ 056 $ $ Ob5 $ O16 $ ODl $ - $ S 093 $ 1.11 M51 $ IM $ OAS $ - $ OM $ - $ pD3 $ - $ 19t $ Ob9 $ 011 $ 0D2 $ - $ S 093 $ ]% .S} $ 159 $ 0.35 $ - $ OM $ - $ 0-03 $ $ 19J $ O79 $ 011 $ 0D3 $ - $ $ 0.93 $ 3% M $ ]b5 $ O30 $ - $ OM $ $ 0➢1 $ $ 1% $ 079 $ 0l1 $ OM $ $ $ 0.93 $ 3J9 W3051. $ l)] $ 0.1i $ $ OM S ODI $ , $ OM $ Ol5 OM $ OD} $ 0.93 $ OM $ OAs $ 11.13 $ 31.15 $1 11,51 '.. 0.1t -1 f 1.91 $ S. $ 11.1E S 11.1 $ W) $ 0.93 $ l5NS .31 lwNoln: pl mle,nt 4 ak W lad M ue eak of ine p:Oal Mapr Imawem <M Bolba 161]ne Mnualydlniknmsuwe,ewtkNm�eeeatmwmaryad.nxkrka ueaMMd W1niknmu1ramp0nm1eluekNal Malalmwwement Assesmemn•Irelmwkneeln ueexNr<n wDe 6m).,n [0'4 'ond Oe MnwllnWNmmatsin[elite PdnWs4abeFlvd NW[e lsMdu[ed lo$ 1is 1[Ialne Oel.y umry aM p:e W F^eM Reaerce Iuawml wit prd ur nMea al [bslK Ra9xrea1nte m<sNR 6x [d IMed on Or InitiA MaM[ YnawemeM Buds xMn ue OeYpuercy aM paepapnent Rexene 0[[nunl is bebw }5%0l lMpa amwntolue HaW Malo[ImawemenlmMy. IdIMR{urtssMwna[me veeNmatei MraMsu6lMbauryeinpmul5ervrte Wit 115dateiCluryeslnMMul Glnlbafuyt;ln<[WeaOmdRd011huu14Ae[ey{reyervelwd [epbMmenq IMertit eano{4> utM[ R y:hmeonsets[ueinueauoran[nseu<ama uwm. lel IMe,e p m Oe Nmmrsemmt OM[alon b of W . lee n a Mle M ]lp%xnkn la f Ine ss9 MUNawI NO reM IMe. nlxn was s s0%rw Mn4e HI}{. as [ryliMa 63 <M plo.4t n pw mtly a,z Issued Ov Imnest Mk on ue Assenment anu ailust to ue Mlneft n le on suA pro Binds pu ue Raartlwul Interest. 10 Astume[IM rckassdreunelmamenryqfnJaysesvnenl Kar.Xwin Mane lundmonryxrolmktle<ne M1nL InOY Mafor bnamemenlAssnmentaMfilW Mdablul Maplmawement Ayyeymnt awR Ircaease. 1{I R%haul Mtnest ilull Ee [dkatea uyn Ine l awa rve M 0n AM1unJ M alw Yn woemenl Bwds. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 3 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 3 PRINCIPAL ASSESSMENT: $15,492.94 As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center 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 City of Friendswood. The exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris 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: 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]' n 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 Harris County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment I [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 Notary Public, State of Texas]4 , 20_ 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS -LOT TYPE 3 3026 $ $ 33136 $ (733361 $ 1419 S (14.09) $ 5331 $ $ 1131 $ - $ 169.03 $ Sd6 $ - $ $ 35a 90 $ 3D1,]I ]D}3 $ 13467 $ )3336 $ - $ 11]5 S I16.]51 $ 533E $ $ 9t7/34 $ 61L] $ 353.1E $ 5.5] j - $ - $ I3118 $ 1,339.13 M. $ olO $ 733M $ - $ Is. $ 9e.1 $ 5165 $ $ 91618 $ 61.11 $ So. $ SN j - $ $ I33.51 $ 1.33&69 3039 $ I1. $ )13V $ - $ IS'S j 115351 S 509E $ $ 915.21 $ )3ry1 $ 34113 $ Sea $ $ $ 13331 $ 133753 20" $ 161.58 $ ]OL(q $ - j ISO j Io,") $ $0.19 $ $ 914.37 $ 735E $ 337d6 $ 5.9E $ - $ $ 112.10 $ 1,3MA6 3031 $ It. $ 69139 $ - $ 1517 j (736) j 4938 S $ 911Dt $ .61 $ 3IL16 $ et. $ $ $ a1L81 $ 1,34153 }03} $ OkM $ 6]910 $ - $ 1639 $ - j 4"1 $ $ 9027 $ 8930 $ 3163E $ e," $ $ $ ot.. $ 13500E }033 $ 19]A1 $ E6630 $ - $ ISO j - j 4. $ $ 917.S3 $ 9535 $ 310.06 $ 638 $ $ $ EELS. }031 $ 1103E $ 65L51 $ - $ I. $ - $ "St $ $ 9160E $ IOL)} $ 31339 $ C. $ $ - $ I2L56 $ 1,31].9] 1015 $ 114.W $ 63739 $ - $ 1739 $ - $ I556 $ $ 925A3 $ I0686 $ 3W36 $ 6S3 $ $ $ 131.65 $ 1,34.OB }036 $ 1003E $ 6}}OS $ - $ 17b3 $ - $ "At $ $ 9113E $ 116I3 $ 191S. $ 666 j $ - j IIl.S3 $ 1,1036 no $ I5661 $ f05B $ - $ 17M $ - $ 4313 $ S 913.D $ 113. $ 1905E $ 6]9 $ $ - j I}LIB $ 1,300A8 M38 j I]bAI $ 58).1] $ $ 1.4 $ - $ 41AS $ j 9IL91 S 131.3E $ MB $ 6m $ - $ - $ III35 $ 1,M3.11 .39 $ }931} $ 56&W j 1671 $ - $ IOSB $ - $ 9}0A6 $ 14L46 $ 27}.5] $ ).0) $ $ $ 42LIO j I,UIS6 1010 $ 31353 $ 14754 j - $ 19M $ - $ 393E $ $ 91916 $ I50B1 $ 11.E $ ).}1 $ - $ $ 41069 $ I.MIS H41 $ 33507 $ 51559 j - $ ISM $ - $ 3. $ - $ I. $ I61 I0 $ 3.IIl $ ).Y $ - $ $ 4l0)] $ I.11&41 .I $ 351O3 $ 50L4 $ - $ 19M $ - $ 3Sd3 $ - $ 91l. $ 17135 $ I40 1 $ ].. $ - $ $ 42(0 $ 1.3%57 1W3 S 381.98 $ 07LW $ - $ 2015 $ - $ St. $ $ 914.39 $ 18398 $ 23616 $ ]K $ - $ $ 41039 $ 1331.7E ]OM $ M34 $ 4027 $ - $ 2066 $ - $ 3I.16 $ $ 9U.43 $ .?I $ 115A6 $ 7A1 $ - $ $ 4104E $ 1,13185 1d5 $ 437.0 $ 41L61 $ - $ 11L7 $ - $ 30.1E $ $ 91049 $ 210M $ 10}.11 $ )% $ - $ $ 41D.I3 $ 1,3306E 1016 $ 46734 $ M98 $ - $ 21. $ - $ 1791 $ $ SISSH $ 234N $ her 40 $ &11 $ - $ S 4303E $ 1,M&45 1d1 $ S0D0fi $ 35&23 $ $ 2.1 $ - $ 1559 $ $ 985.80 $ 3401t $ I)461 $ B3B $ - $ $ 43005 $ 131586 1018 $ 534,M $ 313.23 $ $ DO $ - $ 230 $ $ 903.3E $ 15655 $ IS486 $ &4S $ - $ $ 41935 $ 1.313.17 3049 $ S)1.)8 j 366d1 $ - $ utit $ $ MAI $ $ w" $ IJ4]} $ It. $ &61 $ - $ $ 4166E $ 1,3N1.40 1050 $ 611AI $ 245,19 $ - $ }336 $ - $ 1736 $ $ 91" $ 19EA3 $ lt).)1 $ &I9 $ - $ $ 41133 $ 1317AO 1M1 $ 65371E $ 10191 $ - $ 2333 $ $ a- $ $ 694.91 $ 31L31 $ 973E $ sle, $ - $ - j IIAII $ 1,314.11 1M2 $ 699M $ IS7.11 $ - $ }OSD $ - $ 1133 $ $ 1IL71 $ 334.79 $ 3539 $ 9.15 $ - $ $ 41933 $ I310.93 2. $ )4].53 $ 10119 $ - $ I. $ - $ ).]3 $ $ .14 $ 35803 $ 5185 $ 933 $ - $ $ 41911 $ 1,307AS EM4 $ 79941 $ 5596 $ $ ISIB $ $ 4D] 865U3 $ 195E $ 3BI3D 951 $ 416A3 $ }]A9 Total 10 61.3] $ 143fb.M $ ))136 $ 56L50 $ 1136 $ 1 1614 8650E N]3531 $S.0)Pbl 6)9).46 IILM $ IF $ 11.19.1E $)6 )$l56 lal]Iw1YWipemyaMVreWYmen1 Reservel[wuni wupaliL111uMeJae[lo4nb&630^^al0dereal ✓atl BewlkdMmlFelriVd MaW Impmemm[BcnEi whn Ne Dearquenry atl Vrepa3menl Reserve Iaanllshdow}5% of aM1e ryr amwM o1 iM MN rI Malor Impwem eM bM. 161Ike POMlAmwwtll6enlp4teO /MeyM1Mnud Servl[eVraale. The ggweaalmwnabweye es0malnhNyaMaubleRlo alyr&eingmvYServke %ai VpEalec WryeslnNnuY .E-Sr.eIhae'..Nc,atu1lW eeirrtmhlnertsl erc rother avt ts wWranrtau Neaeakam [.I Ie.anIeuae..he.on11a.Sale. ataaled).tlkkscM1eI-otlke-Ia-to need tat 1-1 Mwklphate, thellIdnw550%fw0[tEerONasgrM bth9Dgat tlthe lsate kveEthe aheaate onlMateene w6Moot the, Intermitmit Wemsuch herucipthe oult.liaronnnt inA keIt- un0 mor1.tv1ue-nl recatch rJmon,,w.va'al,M1etreat IMYLMaeolmpwemenigusvnenlMher. bMixul MaeplmIXwMumvee R1Attracal drt..Y.corta[IMcare, the ssan[edM1eJ,l4onalMaeu,hu'amml ROM. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 4 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 4 PRINCIPAL ASSESSMENT: $28.87 per Square Foot As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center 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 City of Friendswood. The exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris County when updating for the Current Information of Obligation to Pay Improvement District Assessment. 1 [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]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 Notary Public, State of Texas]3 , 20_ ' 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 Harris 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]' ° 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS - Lot Type 4 om $ I➢ml $ 0.10 $ $ O.IO $ - $ o.4s $ o.ol $ $ $ ➢n 5 a53 303] $ 0}5 $ U6 $ - $ 003 $ 00031 S A.1A $ $ 1.71 $ sit $ O66 $ Om $ - $ $ 0.79 $ Im lo3B $ 0)6 $ 135 $ - $ 0m $ 1= S 010 $ - $ l3l $ 0.13 $ 0" $ 0A1 $ - $ $ 0.79 $ 3A9 }0}9 $ 0.}0 $ 133 $ - $ 0.03 $ (Am $ OAS $ $ l.it $ 0.14 $ 064 $ AA $ - $ $ .7 $ }A9 }Ol0 $ 0.30 $ 1.31 $ - $ 003 $ IOA31 $ OAS $ $ 1.As $ O.15 $ A. $ 001 $ - $ $ 0.]9 $ 1.. ]Ol\ $ 03} $ 139 $ - $ 003 $ Ann $ OA9 $ $ 1.73 $ 0.16 $ O.O} $ OA1 $ � $ $ 0.ie $ 350 1031 $ 0.31 $ 13] $ - $ led $ - $ OA9 $ $ 1.i3 $ 0.1] $ Cdd $ OA1 $ - $ $ 0.79 $ 253 203 $ 03i $ I31 $ - $ 003 $ - $ OA9 $ $ 1.i3 $ O.IB $ OEO $ Oki $ - $ S 0]9 $ }51 3039 $ 039 $ I.It $ $ 0.01 $ - $ O➢9 $ - $ 1.]3 $ At, $ 0.59 $ OA1 $ - S $ 0)9 $ }.S1 AOS $ 0At $ 003 $ - $ OAS $ f ].it $ 0.30 $ OS] $ 0.01 $ - $ $ 0.]9 $ }.Sl t011 $ OAS $ 1.16 $ - $ 003 $ - $ 0A0 $ $ ]lt $ Ott $ O56 $ OA1 S - $ $ 039 $ 2.S1 }03) $ OAR $ 1.11 $ - $ 003 $ - $ O.. $ - $ l.]t $ 033 $ OS4 $ Oki $ $ $ 0.]a $ }51 }03R $ OSl $ IA3 $ - $ 0.03 $ - $ OW $ $ l.i} $ 035 $ 0.53 $ 0A1 $ - $ j 0.)R $ }S0 3039 $ 0.55 $ 1(6 $ - $ OAS $ - $ mat $ - $ 1.i3 $ 036 $ 0.51 $ OAt $ - $ $ 070 $ 150 3M0 $ 0.5R $ 101 $ - $ 004 $ - $ Am $ - $ Ill S I. $ OA9 $ Am $ - $ $ 030 $ 3.5p 20H $ 0.6E $ 09R $ - $ 009 5 - $ 007 $ $ "I $ 030 $ M47 $ OA1 $ $ $ OlR $ 2.49 3M1 $ 067 $ AN $ - $ 0.04 S - $ 0.07 $ $ 1.71 $ kid $ OAS S Om $ - $ f 0.7R $ }A9 loa3 f 03t $ O. $ - $ 004 $ - $ 006 $ - $ 1.71) $ .4 $ 0.43 $ Om $ S $ 030 $ 3A9 3016 $ 036 $ OAa $ - $ OA{ $ - $ 0.06 $ $ 1.70 $ 0.37 f 0.40 $ 0➢1 $ - $ $ 0.]B $ IAA 3M5 $ 082 $ 0)9 $ - $ 000 $ - $ 006 $ $ 130 $ 0.39 $ 03R $ 041 $ - $ - $ 0.71 $ 1AR EM6 $ OR) $ 0.73 $ - $ Am $ $ OAS $ $ IA' $ 042 $ 035 $ Om $ - $ - $ 0.. $ 3.40 .7 $ 0.93 S Ob) $ - $ 00a $ - $ OAS $ $ In $ OAS $ 0.33 $ 0➢3 $ $ - $ 03R 5 1.47 HMR $ \➢0 S 0Ad $ - $ 00i $ - $ A. $ $ I0 $ 0.40 $ 039 $ 002 $ � $ - $ Ill.$ 1.47 .1 $ I.. $ 0.53 $ $ 004 $ - $ AM $ $ 1.6R $ 0.51 $ 0.36 S O➢3 $ - $ $ 0.T $ 146 ]O50 $ 1.14 $ 046 $ - $ Add $ - $ OAS $ $ 1.67 $ 0.55 $ 0.}} $ 003 $ - $ - $ 0.]R $ 145 I051 $ 1}} $ 030 f - $ 004 $ - $ 0.03 $ $ 1.67 $ 05R $ 0l0 $ 0.03 $ - $ j 03a $ }A5 ]OS} $ 1M $ O29 $ - $ OAS $ - $ 0A1 $ $ 1K $ OAI $ OA4 $ Add $ - $ $ 0.7R $ }_N 3053 $ 1.39 $ OAS, $ - $ A. $ - $ 0➢l $ $ 166 $ 061 $ A. $ 0AI $ - $ $ 070 $ 2M .4 11, IA9 0.10 0. $ $ O➢1 $ 361 $ 0.01 $ 011 S OAS $ Am S 0]6 S $ OCO $ 0. .. $ 19.50 $ 16.fl $ 136 $ 1.01 $ 0,16 $ 1.11 $ III S 46.09 9.11 $ It.. $ . $ 10.1.1 $ $ 31.65 61.i9 9mtmlla: Ian ITO Annul Gres oaCond wereWest, esMWMalw lmprwement BOMB IbI TUAmudfdlMimrosiswere Mi4aM/1WM attontl[bs0y aMxM1ie Imod iMMnual W IMion W0a[omlmentdlM1e W1YI M»orlmPrwemnlRasessmentxill tulle mYM[d NiMeN/Years M A. Or, e[o9e[tionoliM Mw,earl Re- a Mmieis✓aliveiuNlYarcelsretlu[etl 1...I0.tl. (it starAuem}antA eIn^eat Reserve A[meanwarryNaXy ryedetl at[lollnRR6dLural Nler<stsNX be[dIMMontle ImoL Malp Imgwement BOMBxfien1MOeb9uenryaMh<pyment Resem Mrount ubelow 35%oSiM1epra moMedal refit Maprs whidsemenl BOMB. MIO[IWes NePRMrual4eEit NnauMwandl be[al[Wlad Aandr YInem iwwaIrerw[eest ranPlan 0orale.Are Olmes sM1wm aa,veare eslanodesoi -dflesIntettO[RondeInAdult Serir[e Nan Op]abc Uaryes In Frvrw,URedmlmis.ar d.r IunMr.is natlnteeert resereof 7. Irish is I, Ae.2%lIrtigs.w meta a,.,.le oll a of 1. .1 sse or hAtadeaes rest v0scstnwn. Ad.Ifererton s aree YnbwaemeMOMLLWe on One AsIseddent we at)AO%xN[M1 iendsWeonsch 00 l sses Mlaveralenteol Ine Bhp Mum[IpL HieM1MeMOMeawM[M1wao 5.50%Iw October 3034.asrryuee06/llre pl0 p[l.Ilar BOMsare . of raAelnlerepn✓ Af-IsesvneMwAI-uttoAre fdionreotlate onsuM1plORaMaO'Oe An Mdrral Manor III Alone- Ne«4.slid cooldltl maruald Ardsueof atyeu.i. ad oreeaelOMmaneYlvrolanJahk,IFe M1nalNNal Magr MpravemenllsuxmemaMfinal OJdlbrW Mapr Nnprwemem Aassasment rrX Yweau. Ill AtlABqul tannest ilrYl le wtlnteE uryn Ne I ow arce OI de Rddt brut Mala RnparemeM buds. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 5 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 5 PRINCIPAL ASSESSMENT: $46.56 per Square Foot As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center 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 City of Friendswood. The exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris 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 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 tinder my hand and seal of office on this Notary Public, State of Texas]3 , 20_ 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 Harris 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 Notary Public, State of Texas]4 , 20_ ° 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS -LOT TYPES 2016 $ - $ x0 $ 12301 $ a% $ (ON $ 0.36 $ $ ,0.16 all $ - $ r 4]5 $ AOx $ � $ $ ,0.1] $ a93 x01) $ AIO $ 23p $ - $ 0M $ (OWI $ Ol6 $ $ 2)6 $ 0.19 $ I.M $ 001 $ - $ $ all j lW IOIB $ 413 $ }.]) $ - $ O. $ (Ap51 $ 0.16 $ $ Sly $ if $ IN $ OAx $ f $ ].Sl $ IAS 1019 $ OAS $ }.11 $ - $ OM $ (0031 $ ¢IS $ $ 5.15 $ 0ia $ c. $ O.O, $ - $ $ Ill $ 1.0E 3030 $ A19 $ }.1l $ - $ O.M $ (0A51 $ 0.l1 $ $ Sly $ OSI $ L01 $ O.oi $ - $ $ 1.27 $ O.OS .1 $ 051 $ Lf0 S - $ A05 $ (OOa) $ 0.15 S - S l.11 $ 0.15 $ ! W $ OAS $ - $ $ ill ]033 $ a55 $ 2. $ $ OM $ - $ 0.11 $ $ LM $ 0.it S 0.% $ Na $ $ $ IS) $ IW .1 $ D. $ ]LO $ - $ OAS $ - $ 0.li $ $ S.A $ D. $ O.% $ OAE $ - $ $ 1.37 $ LM 1039 $ 06a $ l.% $ - $ O05 $ $ 0.N $ - $ l.)t $ 0.it $ 099 $ 9A3 $ - $ $ I.SI $ IW N135 $ aN $ 1.95 $ $ OM $ - $ 4I1 $ $ Llt $ 0.33 $ 0.95 $ OAS S - $ $ LS) j 9.W AM S 0.]S $ .1 S - $ 0.05 $ - $ 0.13 $ $ 21t $ DR $ ASV $ O.OS $ - $ $ 1.l] $ Lpf M31 $ a7! $ . S - $ aW $ $ .1 $ S 271 if 0.. $ H] S 0. $ - $ $ Its $ 1.04 M38 $ ABS $ il6 $ $ O.W $ - $ 0.l3 $ - $ 2]] $ 0.10 $ 0m; $ OAS $ $ - $ Lb $ 9d arralS am $ vn S - $ o.os $ - $ all $ $ SJ] $ au $ Au $ 0m $ - $ $ 2n $ am $ ]ss $ - $ oc $ - S all $ 5 x.lc $ p.0 $ pn9 j a01 if. zwl $ 1AI $ 2u $ - $ pa $ - $ All $ $ xlc $ 0,m $ all $ Na, $ - $ $ 1.16 $ lox lal $ 1. $ Is1 j - S AW S S au S $ lls $ DID j LLn $ oat $ - $ $ 21c $ 1pl .1 $ 1.15 $ 1,63 $ $ O.fG $ - $ 010 $ S 375 $ ar. $ 069 $ 001 $ - $ - $ I26 $ 9A1 SDef $ 113 $ I.35 $ - $ O.W $ - $ a10 $ $ 2l1 $ 0.59 S a. $ 0. $ - $ $ I.16 $ !Al SWS $ LID $ .1 $ - S One $ - $ aW $ $ 2J4 $ 063 $ abl $ ND $ - $ $ a" $ lW lab $ LII $ Llt $ - $ O.M $ $ 0W $ $ ill $ 0.G $ 0.56 $ OAD $ - S $ 1.16 $ D, .a $ L% $ IM $ - $ 0.07 $ - $ Qa $ $ SJD $ 4]S S 0.53 $ A0x $ $ 1.26 if 3.% Sat $ 1.61 $ .1 O W $ 0. $ $ Sll $ 0.]] $ 0 and $ - j $ 136 $ 2a Sag $ Lll $ 085 $ - $ 0.0] $ - $ O.f6 $ $ S.]l $ ac, $ Wl $ 0p3 $ - $ j l.M $ i9] 1010 $ . $ D. $ - $ Na $ ers, $ 0.Y $ A35 $ AOl $ - $ $ ]l6 $J�. ]O51 $ L96 $ OIt $ - $ 00) $ - $ 0.a $ $ 5.69 $ Aa $ 39 $ A03 $ - $ $ I36 $.1 $ 210 $ OAl $ � $ 0.W $ - $ A03 $ $ I.. $ Lpl $ 0.}3 $ 001 .1 $ LS$ $ 031 $ $ 0.0] $ - $ 0.03 $ $ 5.61 $ LM $ Alc $ O.W $ $ $ Ll6 $D.f0 017 5 0.W 2W O.Cd S 4.15 S 0M 40l S 21s S A01 laiI 11.1) $ Ll0 $ 1.f9 $ .Il $ 1.a S LW }la tS.IS $ SO.Ii S 0.a al $ 3f.93 mnm lal mu[ea[n[akWIM Jshe ,a, Asef the .,'srael *handix1u lD eld ne near, Bones. eel me Mnmlcolk[xbnfmuxere MhllybrMM a[hene tloalnaa^a aMaekvkelneMnual Cnle[Wnfom [omponenmllM1elnnbl Malo[Impvwmem MrzavenlaWunol bemYeaeelnxM1e eaMnanbut hean, wYl mewlk[0on olµe MnualfuYe[[Ion Coatw[erM1eedminnerae:.efune baVrce breeu[eet05io,�. I[ITM1e MYpuenryaM ee[WY^�e^a Muni R[rnunlwas Wn1aI111uneM alWaly.geJllonallnle[eu[tax be[oYe[IeemxM1e lnphl Mafrlmpevemeq 9oMaxfien lneaXnplenyaM9aepaymenl Pesean.3[[ouM labelow [A a.1hMW[amovnlolµ riscatl MJmlme[avemem rater Anua[IUMsµoxnRs, AsaaeJion fWewM1kM1wit4[akuNlM fund mete Mnuo ServkePlan Vorate.the fi3urta anent abneIle ase 0,Mrexis,and auNMtaµargeMMnualSeM[e 9YnV�ales.Uan{<tbi Annual As nCaJ4lne[NIMb^olness Is ionsal calculated a t a seree rate xisid etemn1ss thin 2%Aresnest ls,oaoµeaavaeabkoXsfla[outlet Municipal Hists eµeamovm5µ ar5 lei uct.If rermµarelmWlfement choiceness 11 A,suce"W nap "fall a MkIhlest rare l%abweµe MfMhis As R nleel the caPMUN[tlaI NdlYkMlnen MtlrAwaa550%Iw0[torea 30xlaa[eyulreJlryVr910 IQ Movement MMe[elu vea,aMlmerea rate enµ nMaeaameq wyar. 11 Raµeeteaesl rareonsuch 11.1 presetpluse frMenlonallnremsl. IA addraefthe terest i nuneNM mm� the Isuaneefinene)tar.11auµuun<IunemmrylinaaavalLhk�IM1e nnrinryYl MalmollpaonmenlMuumemand finJMi0lonr. MaloalmgavenunlAuer[menl and unrest. It Marla^allMercuµar4[e4aaM upon the lssvan[eonM1ereSWlul Ma}xlmpovemenl roMt. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment RP-2025-358339 09/09/2025 ER $241.00 ORDINANCE NO. 2025-25 l AN ORDINANCE OF THE CITY COUNCIL OFTHE CITY OF FRIENDSWOOD, TEXAS, APPROVING THE 2025 ANNUAL UPDATE TO THE SERVICE AND ASSESSMENT PLAN AND ASSESSMENT ROLL FOR THE FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT, INCLUDING THE COLLECTION OF THE 2025 ANNUAL INSTALLMENTS; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES INCONSISTENT OR IN CONFLICT HEREWITH; PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE THEREOF. WHEREAS, the City of Friendswood, Texas (the "City") received a petition meeting the requirements of Section 372.005 of the Public Improvement District Assessment Act (the "Act" requesting the creation of a public improvement district over a portion of the area within the corporate limits of the City to be known as the Friendswood City Center Public Improvement District (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 boundaries of the proposed District, as determined by the then current ad valorem tax rolls of the Harris County 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 o` that is liable for assessment by the City; and cr M 00 WHEREAS, on November 6, 2023, the City Council approved a resolution (the co 'Resolution") to provide for a public hearing date on December 4, 2023, to consider the creation of L6 the District; and N O N WHEREAS, notice of the hearing was published in a newspaper of general circulation in the n City in which the District is to be located, in accordance with the Act; and tY WHEREAS, notice to the owners of property within the proposed District was sent by first- class mail to the owners of 100%of the property subject to assessment under the proposed District containing the information required by the Act such that such owners had actual knowledge of the public hearing to be held on December 4, 2023; and WHEREAS, the City Council approved the creation of the District by resolution approved on January 8, 2024 (the "Creation Resolution") and filed the Creation Resolution in the real property records, as authorized by the Act; and WHEREAS, pursuant to Sections 372.013, 372.014, and 372.016 of the Act, the City Council directed the preparation of a Preliminary Service and Assessment Plan for Authorized Improvements within the District (the "Service and Assessment Plan") and an assessment roll for the District (the "Assessment Roll") that states the assessment against each parcel of land within the District (the "Assessments"); and WHEREAS, the City, pursuant to Section 372.016(b) of the Act, published notice in a newspaper of general circulation within the City to consider the proposed Service and Assessment Plan for the District and the levy of the Assessments, as defined in the Service and Assessment Plan, on property in the District; and WHEREAS, the City Council, pursuant to Section 372.016(c) of the Act, caused the mailing of notice of the public hearing to consider the proposed Service and Assessment Plan and the Assessment Roll attached to the Service and Assessment 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 City Council convened the public hearing at its regular meeting on the 4" day of November, 2024, at which all persons who appeared, or requested to appear, in person or by their attorney, were given the opportunity to contend for orcontest the Service and Assessment Plan, the Assessment Roll, and the proposed Assessments, and to offer testimony pertinent to any issue presented on the amount of the Assessments, the allocation of the costs of the Authorized Improvements, the purposes of the Assessments, the special benefits of the Assessments, and the penalties and interest on annual installments and on delinquent annual installments of the Assessments; and WHEREAS, the City Council approved an ordinance levying Assessments on property within the District on November 4, 2024; and M WHEREAS, pursuant to the Act, the Service and Assessment Plan and Assessment Roll is er) required to be reviewed and updated annually as described in Sections 372.013 and 372.014 of the M 00 PID Act; and M Lj WHEREAS, the City Council has directed that an update to the Service and Assessment Plan o and the Assessment Roll for the District be prepared for 2025 (together, the "2025 Updates"); and N p_ WHEREAS, upon approval of the 2025 Updates by the City Council, City staff is directed to ry file a copy of this Ordinance and the 2025 Updates in the real property records of Harris Count; and WHEREAS, the City Council now desires to proceed with the adoption of this ordinance approving the 2025 Updates attached thereto, in conformity with the requirements of the PID Act; and WHEREAS, the City Council finds the passage of this ordinance to be in the best interest to] - the citizens of Friendswood, Texas; NOW THEREFORE, BE ITORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS: Section 1. That all matters stated in the preamble are found to be true and correct and are incorporated herein as if copied in their entirety. Section 2. That the 2025 Updates, which are attached hereto as Exhibit "A" and incorporated herein for all intents and purposes, are hereby approved and accepted as provided. Section 3. If any portion of this ordinance shall, for any reason, be declared invalid by any court of competentjurisdiction, such invalidity shall not affect the remaining provisions hereof; and the Council hereby determines that it would have adopted this ordinance without the invalid provision. Section 4. That this ordinance shall be cumulative of all other City ordinances; and all other provisions of other ordinances adopted by the City which are inconsistent with the terms or provisions of this ordinance are hereby repealed. Section 5. It is hereby declared to be the intention of the City Council of the City of Friendswood, Texas, that sections, paragraphs, clauses and phrases of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared legally invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such legal invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this ordinance since the same would have been enacted by the City Council of the City of Friendswood without the incorporation in this ordinance of any such legally invalid or unconstitutional, phrase, sentence, paragraph or section. Section 6. That the City Secretary is hereby directed to file a copy of this ordinance and the 2025 Updates in the real property records of Harris County, Texas; and Section 7. This ordinance shall take effect from and after its passage on second reading by the City Council of the City of Friendswood, Texas. C Cr cam. 00 LO CO N[Signature pages to follow] 0 N n ry 6) M ce) 00 to M u> CV CD N 'a1 IVA INTRODUCED, READ, AND PASSED on first reading by the affirmative vote of the City Council of the City of Friendswood this 4" day of August, 2025. Mayor ATTEST: � F{21EN O O RA OF ARTINEZ, City Sec try v! APPROVED AS TO FORM: of f ��+P W i KAREN L. HORNER, City Attorney STATE OF TEXAS § COUNTY OF GALVESTON§ Before me, the undersigned authority, on this day personally appeared Mike Foreman, the Mayor of the City of Friendswood, known to me to be such person who signed the above and acknowledged to me that such person executed the above and foregoing ordinance in my presence for the purposes slated therein. Given under my hand and seal of office this 4"i day of August, 2025. RAQUEL P. MARTINE2 4�i•.VB � {ot1 &ryotaplcJtM?flate ofTexas Notary tub c, tateofTexas 3 y......• �Comm. Expires 12-16-2026 °11,14%`` Notary 10 12442177-7 il } INTRODUCED, READ, AND PASSED on second and final reading by the affirmative vote of the City Council of the City of Friendswood this 8d' day of September, 2025. , Mayor ATTEST: � FtcltryA.�4 O ,z i2�y1 00 RA U L M RTINEZ, City ecretv c pe APPROVED AS TO FORM: KAREN L. HORNER, City Attorney STATE OF TEXAS § COUNTY OF GALVESTON§ cy M Before me, the undersigned authority, on this day personally appeared Mike Foreman, the toMayor of the City of Friendswood, known to me to be such person who signed the above and I? acknowledged to me that such person executed the above and foregoing ordinance in my presence L0 for the purposes stated therein. N O N Given under my hand and seal of office this the 8" day of September, 2025. d. ry ,,,uruo,, ao, :i°c!�!!r ^om`i RApUEI P-MAR71NE2 i4P�uc, S1ata of Texas Notary P bli ate of Texas ��'Fe'nh�� CO1^ Pires 72-16-2026 Notary ID 7 Zgg21 ��_� 111City CLnnCII\PDFs for Council Meeting12025\08-04-2025\Ordinance- Approving 2025 SAP Updaic Friendmirod City Center PID.d°c 0) co Ce) co LO ce) CD (N 0 EXHIBIT "A" e) Ks FRIENDSWOOD CITY CENTER 202S ANNUAL SERVICE PLAN UPDATE AUGUST 4, 2025 INTRODUCTION Capitalized terms used in this 2025 Annual Service Plan Update shall have the meanings set forth in the 2024 Service and Assessment Plan (the "SAP"). The District was created pursuant to the PID Act by Resolution No. 2024-01 on January 8, 2024 by the City Council to finance certain Authorized Improvements for the benefit of the property in the District. On November 4, 2024, the City approved the SAP for the District by adopting Ordinance No. 2024- 37 which approved the levy of Assessments for Assessed Property within the District and approved the Assessment Roll. The SAP identified the Authorized Improvements to be constructed for the benefit of the Assessed Parcels 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 SAP must be reviewed and updated annually. This document is the Annual Service Plan Update for 2025. a` The City Council also adopted an Assessment Roll identifying the Assessments on each Lot within rl the District, based on the method of assessment identified in the SAP. This 2025 Annual Service M L00 Plan Update also updates the Assessment Roll for 2025. co L6 N O N 1 iL WI FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 1 I) ce) co 00 LO M L6 N O N ,11iii 5 _ _ N PARCEL SUBDIVISION There have not been any recoded plats in the District. See the anticipated/completed Lot Type classification summary within District below: See Exhibit C for the Lot Type classification map. LOT AND HOME SALES Per the quarterly report dated March 31, 2025, the lot ownership composition is provided below: • Developer Owned: o Lot Type 1: 0 Sq. Ft. o Lot Type 2: 0 Lots o Lot Type 3: 0 Sq. Ft. o Lot Type 4: 59,050 Sq. Ft. o Lot Type 5: 750,000 Sq. Ft. • Unrelated Third Party Owned: o Lot Type 1: 76,408 Sq. Ft. o Lot Type 2: 268,800 Sq. Ft. o Lot Type 3: 115 Units o Lot Type 4: 135,000 Sq. Ft. o Lot Type 5: 0 Sq. Ft. See Exhibit D for the buyer disclosures. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 7 r C. 00 to C7 I L0 N O N 0— r/ M� AUTHORIZED IMPROVEMENTS Per the Developer as of March 31, 2025, the Authorized Improvements listed in the SAP for the District are currently under construction and projected to be completed in the 4th quarter of 2025. The budget for the Authorized Improvements remains unchanged as shown on the table below. IFIVOWPORUNY�n1 } { f ,i 2:• ..tl tl IZ �I 1 iY {III-i1 i .r 1sr :�Y S2ik ',: A.- Authorized Improvements Budget Spent to Cateb) BudgetSpent Percent of Anticipated Completion Date Initial Ma/or Improvements FM 528 Traffic Improvements $1,200,000 $ - 0.00% December 2025 Phase 1 Blackhawk Boulevarde Improvements $240,923 $ - 0.00% December 2025 Phase 1 Townes Road Improvements $271,984 $ - 0.00% December 2025 Phase l Madison Avenue Improvements $98,159 $ - 0.00% December 2025 Larrabee Way Improvements $817,556 $ - 0.00% December 2025 Phase 1 Earthwork, Paving and Grading $412,543 $ - 0.00% December 2025 Clearing, Grubbing and Demolition $873,609 $ 730,903.99 83.66% December 2025 Detention Pond 1 $13,983,801 $ 5,823,933.87 41.65% December 2025 Detention Pond 2 $2,018,477 $ - 0.00% December 2025 Phase 15torm Drainage $5,144,261 $ - 0.00% December 2025 Contingency $3,695,875 $ - 0.00% December 2025 Soft Costs $83,010 $ 975.00 1.17% December 2025 Total $28,840,198 $ 6,555,812.86 22.73% Additional Major Improvements Phase 2 Blackhawk Blvd. Improvements $3,703,530 $ - 0-00% June 2026 Phase 2 Townes Rd. Improvements 323,993 $ - 0.00% June 2026 Phase 2 Madison Ave. Improvements 213,654 $ - 0.00% June 2026 Bennett Blvd. Improvements 804,530 $ - 0.00% June 2026 Phase 2 Earthwork, Paving & Grading 1,417,727 $ - 0.00% June 2026 Water 1,007,036 $ - 0-00% June 2026 Wastewater 862,879 $ - 0.00% June 2026 Sanitary Sewer Lift Station 1,330,700 $ - 0.00% June 2026 Phase 2 Storm Drainage 179,101 $ - 0.00% June 2026 Landscaping, Parks and Amenities 5,597,472 $ - 0.00% June 2026 Fire Station 1,031,690 $ - 0.00% June 2026 Contingency 2,141,400 $ - 0.00% June 2026 Soft Costs 2,981,848 $ 0.00% June 2026 Total $21,595,560 $ 0.00% Footnotes: la) Per Draw #1 approved on 1/23/2025. OUTSTANDING ASSESSMENT Net of the principal bond payment due September 15, the Initial Major Improvement Assessments has an outstanding Assessment of $36,907,000.00. The Additional Major Improvement Assessments has an outstanding Assessment of $17,746,000.00. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 3 2025 ANNUAL SERVICE PLAN UPDATE rn cY) co 00 LO c� Lci N CD N 'oil Wr TIRZ ANNUAL CREDIT The TIRZ No. 1 Annual Credit Amount shall only be applied to principal and interest component of the Annual Installment, as further described in the SAP. Lot Type 1 76,408 $ 2.08 Lot Type 2 268,800 $ 1.73 Lot Type 3 115 $ 782.44 Lot Type 4 194,050 $ 1.46 Lot Tvpe 5 750,000 S 2.35 Application of qualifying property tax exemptions may decrease or eliminate the amount of the TIRZ No. 1 Annual Credit Amount on a parcel -by -parcel basis. The resulting TIRZ No. 1 Annual Credit Amount by Parcel is included in the Assessment Rolls attached hereto as Exhibit A-1. ANNUAL INSTALLMENT DUE`1/31/2026 • Principal and Interest — The total principal and interest required for the Annual Installment is $879,905.83. o TIRZ Credit - The total principal and interest credit from the TIRZ No. 1 Fund for the Annual Installment is $0.00 Additional Interest Reserve — The total Additional Interest Reserve Requirement, as defined in the Indenture, is equal to $922,675.00 and has not been met. As such, the Additional Interest Account will be funded with Additional Interest on the outstanding Assessments, resulting in an Additional Interest amount due of $184,535.00. 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 $71,800.00. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 4 Cn M 00 LC) M L6 N C7 N Administration $ 30,996.13 City Auditor $ 675.30 Filing Fees $ 675.30 County Collection $ 675.30 PID Trustee Fees $ 4,500.00 Draw Request Review $ 10,000.00 P3 Works Dev/Issuer CDA Review $ 3,500.00 Collection Cost Maintenance Balance $ 10,000.00 Less COMB Credit from Prior Years $ (10,000.00) Arbitrage Calculation $ 1,500.00 Total Annual Collection Costs $ 52,522.03 Additional Major Improvements Administration $ 14,903.87 City Auditor $ 324.70 Filing Fees $ 324.70 County Collection $ 324.70 PID Trustee Fees $ Draw Request Review $ 3,400.00 P3 Works Dev/Issuer CDA Review $ - Collection Cost Maintenance Balance $ Less CCMB Credit from Prior Years $ Arbitrage Calculation $ - Total Annual Collection Costs $ 19,277.97 • Credit $52,522.03 Annual Collection Costs initially funded at bond closing will be applied in accordance with the terms of the SAP, reducing the total Annual Installment by $52,522.03. Interest Capitalized Interest Additional Interest Annual Collection Costs Less ACC Credit Total Annual Installment FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 3,463,395.83 (2,583,490.00) 184,535.00 71,800.00 5 0) M M M LO co L6 N O N '111111 TPA See the limited offering memorandum for the pay period of the Initial Major Improvement Assessments. See Exhibit B-1 for the debt service schedule for the Initial Major Improvement Assessments as shown in the limited offering memorandum. Please contact P3Works for the pay period for the Additional Major Improvements. See Exhibit B-2 for the reimbursement schedule for the Additional Major Improvement Assessments. PREPAYMENT OF ASSESSMENTS IN FULL No full Prepayments of Assessments have occurred within the District. ___-.______ T.....__,___ 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. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 6 0) cy M 00 to ('M Lt) CD N N ®_ 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 $ - $ 468,000.00 $ 499.000.00 $ 533,0D0.00 $ 570,000.00 interest"' $ 2,583,490.00 $ 2,583,490.00 $ 2,550,730.00 5 2,515,800.00 $ 2,478,490.00 Captained Interest $ (2,583,490.001 $ $ $ $ - (1) 5 - $ 3,051,490.00 $ 3,049,730.00 $ 3,048,800.00 $ 3,048,490.00 Additional lnterestlil (2) $ 184,535.00 $ 184,535.00 $ 182,195.00 $ 179,70M00 $ 177,035.00 Annual Collection Costsl,l (3) $ 52,522.03 $ 52,0,112.47 $ 53.083.32 $ 54,144.99 $ 55,227.89 Annual Collection Costs Creditl`l (4) $ (52,522.03) $ (52,042.47) $ (53.083.32) $ (54,144.991 $ (55,227.39) Total Annual Installment Due 151=(1)a(2)♦(3)♦(4) $ 184,535.00 $ 3,236,025.00 $ 3,231,925.00 $ 3,228,500.00 $ 3,225,525.D0 Aderhon it Major Improvements 8ei olursement OblBookan Principal $ - $ 226,000.00 $ 244,000.00 $ 260,000.0D $ 277,000.00 Interest"' $ 879,905.83 5 1,242,220.00 $ 1,226,400.00 $ 1,209,320-00 $ 1,191,120.00 (5) 5 879,905.83 $ 1,468,220.00 $ 1,470,400.00 $ 1.469.320.00 5 1,468,120.00 Additional Interest[" (6) $ - $ - $ - $ - $ - Annual Collection Costs(`i (7) $ 19,277.97 $ 19.663.53 $ 20,056.80 $ 20,457.94 $ 20,867.0 Total Annual Installment Due 18)=(5)sIS) a(7) $ 899,193.80 $ 1,487,883,53 $ 1,490,456.80 $ 1,489,777.94 $ 1,488,987.09 Ia) Calculated at the rate on the Series 2024 Bonds plus Additional Interest. (b) Additional Interest shall be collected on the Initial Major Improvement Bonds when the Delinquency and Prepayment Reserve Account Is below 2.5%of outstanding bond par. (c) The Annual Collection Costs were Initially funded at bond closing and while levied the Annual Collection Costs component of the Initial Major Improvement Assessment will not be collected In the early years but the City will resume collection of the Annual Collection Costs once the Administrative Fund balance is reduced to $20,000. (it] Interest on the Reimbursement Obligation is calculated at a rate of7.0094 which Is less than 2% above the highest average rate of the S&P Municipal High Yield Index which was 5.50%for October2024, as required by the PID Act. it PID Bonds are Issued, the Interest rate on the Assessment will adjust to the interest rate on the Bonds plus the Additional Interest. (e) Additional Interest will be collected if Additional Major Improvement Bands are Issued. ASSESSMENT ROLL The list of current Parcels or Lots within the District, the corresponding total Assessments, and current Annual Installment are shown on the Assessment Rolls attached hereto as Exhibit A•1 and Exhibit A-2. The Parcels or Lots shown on the Assessment Rolls will receive the bills for the 2025 Annual Installments which will be delinquent if not paid by January 31, 2026. The list of Parcels shown on the Assessment Roll is subject to change based on the final certified rolls provided by the County prior to billing. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 7 V/ ('ry) M 00 co N O N EXHIBIT A-1- INITIAL MAJOR IMPROVEMENTS ASSESSMENT ROLL .-I- . .........maA.mrallmtanmeme,m 1p armmre ..... ...... .all ..xe ImprnenYnl bndtlrl.+irylmlFe ln'dal Naior nru++m[nr 9enea M1pa'd p 4Nr+W relnrr+e a+ler lhelmY'"nenl eue l/II/]o16. Mleren y eern vea� nl rxeul[ olrM lnlp[I Ne er rmp,wrmem ngK+mem la d+Dl= In LFe oea s ervie ne[. 1[I ndCVen+I lmererl+M'I pe rol'nIM bpnwn6 niN Ixe.—I lnataWnenl due I/)1/}p}R+M axail be atlRKM nMn.1 pri 1DulI end Irepaymrnl flKem luM h bYDw }.5X o11Fa pu amount of Ne INpal M+`p ImDrmemrnt 4pM+. IdlFmualCWttl nn Cwl+vnllMafrn+MeJ+Fy[ar pruEan a[twl[o+Rbrdm:Nr+er lFeph4i[t the Anrmelloee[r.nn CD+I+ueM'nN'y landM ar hOrd ['DilnM1 ardxF erYdrx[nmr+llCgPKrlOnfq,+[nmpnfn1011M 1n'Iyl Maim lmWaemin[ AISeKmenr 1. 1Ce[N4[IMinah[NrIVRO+hN rlieCVVvdlr[+urt<[nl<[Ilpn of r![Ml.T 1.11.'Dd eN<[MMm�nylfdlr+<Iund MlenrmrMlKMle$]pWpe 1[IlM4+r o1 Nr[ela Nnem onaFe41[S+nen, Ptlll++ubj[K 1paMye M+Pdon rnelul)I{e+llMd[pl+pwt+d hV rFe Leunrypra lohll n; m oumlrmnY pnlW hD IumnoMdnmwm. FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT R 2025 ANNUAL SERVICE PLAN UPDATE ff EXHIBIT A-2 —ADDITIONAL MAJOR IMPROVEMENTS ASSESSMENT ROLL Pomrotes: laj Totals may not, match the total Outstanding Assessment and Annual Installment due to rouMing. Ibj The Additional Major Improvement Assesimemls Trigger Date defined in the Service and Assessment Plan determines the Annual Irutallmeen Due Dale for the Additional Major Improvement Assessments. is]Ime,est will accme a a the Additional Major lmp..an NFL Assessment al a rateo12.00% poor to the issuantt of Additional Major Improvement BOMB. Upon on the neutrino cef Addnanal Major Improvement Bonds. the Interest rate will adjust to the tale on such P1D Bonds plus Additional Intense. MIdl Annual Colectmn Costs will be assessed each year based on actual mststo administer the CRUISE. The Annual Collection Costs were initiat"Firded at bond closing and while levied the Annual collection Costs component of the Initial Major Improvement Assessment will not be collected In the early years but the City will resume collection of the Annual Collection Cans ontt the Administrative FuM balance 00 00 a reduced to S2D.000. lel Collection of the Additional Major Improvement Assessmenl than begin with the wllettron of Annual Collemon Costs and interest due 1/31/2026. Principal due each year for the life of the Additional Major Improvement Assessment is depicted In the Reimbursement Schedule. 1 Ilj The Int of Parcels shown on the Assessment Roll is Subject to change based on the Venal arnfeed rolls provided by the County prior to billing. L0 N O N D_ ry FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT D15TRICT B 2025 ANNUAL SERVICE PLAN UPDATE (r ch M Co L0 co L6 N O N EXHIBIT B-1- DEBT SERVICE SCHEDULE DEBT SERVICE REQUIREJIEN-TS The folioNcing table sets forth the debt set ice requirements for the Bonds: Year Ending (September 30) Principal Interest Total 2025 S2.066.792.00 S2.066.'9100 2026 2.583.490.00 2.553.490.00 2027 S 468.000.00 2.553.490.00 3.051.490 00 2O2S 499.000-00 2.550.130.00 3.04M30.00 2029 533.000.00 2.515.SOO.00 3.04S.300.00 2030 570.000.00 2.479..490.00 3.04S.490.00 2031 609.000 00 2.439.590.00 3.0-17.590.00 2032 650.000.00 2.395.960.00 3.045 960,00 2033 695.000.00 2.350.460.00 3.045.460.00 2034 742.000.00 2301.510.00 3.043.810.00 2035 793.000.00 2,249.570,00 3.042.370.00 1036 347,000.00 2.194.360.00 3.041.360.00 203- 906.000.00 2.135.070.00 3.04LO0 0.00 2038 965.000.00 2.071.650.00 3.039.650.00 2039 1.034.000.00 2.003.890.00 3.031.890.00 1040 1.106.000A0 1,931,510,00 3.031.510.00 2041 1.182.000A0 1.854.090.00 3.036.090.00 2042 1.263.000.00 1."l.350.00 3.034350.00 2043 1.351.000.00 1.652 940.00 3.033.940.00 1044 1.444.000.00 1.5SS.370.00 3.032.3'0.00 2045 1.544.000-00 1.48'.290.00 3.031.290.00 2046 1.650.000.00 1.379.210.00 3.029.210.00 2041 1.764.000.00 1.263.71().0() 3.02'.'IOM 2045 1.886.000.00 1.140.230.00 3,026,230.00 2049 2.017.000.00 1.008.210.00 3.025.110.00 205iI 2.15'AO0.00 807.020.00 3,024.020A0 2051 2306.000.00 'M030.00 3.022.030.00 2052 2.466.000.00 554.610.00 3.020.610.00 2053 2.631.000.00 351.990.00 3.015.990A0 2054 2,820,000.00 19'AO0,00 3.017.400.00 Total S36,907,000,00 552,744Al2.00 G89.651.412.00 FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 10 EXHIBIT B-2 - REIMBURSEMENT SCHEDULE 2026 $ - $ 879,905.83 $ 19,277.97 $ 899,184 2027 $ 226,000.00 $ 1,242,220.00 $ 19,663.53 $ 1,487,884 2028 $ 244,000.00 $ 1,226,400.00 $ 20,056.80 $ 1,490,457 2029 $ 260,000.00 $ 1,209,320.00 $ 20,457.94 $ 1,489,778 2030 $ 277,000.00 $ 1,191,120.00 $ 20,867.09 $ 1,488,987 2031 $ 295,000.00 $ 1,171,730.00 $ 21,284.44 $ 1,488,014 2032 $ 315,000.00 $ 1,151,080.00 $ 21,710.13 $ 1,487,790 2033 $ 336,000.00 $ 1,129,030.00 $ 22,144.33 $ 1,487,174 2034 $ 359,000.00 $ 1,105,510.00 $ 22,587.21 $ 1,487,097 2035 $ 384,000.00 $ 1,080,380.00 $ 23,038.96 $ 1,487,419 2036 $ 410,000.00 $ 1,053,500.00 $ 23,499.74 $ 1,487,000 2037 $ 437,000.00 $ 1,024,800.00 $ 23,969.73 $ 1,485,770 2038 $ 467,000.00 $ 994,210.00 $ 24,449.13 $ 1,485,659 2039 $ 499,000.00 $ 961,520.00 $ 24,938.11 $ 1,485,458 2040 $ 532,000.00 $ 926,590.00 $ 25,436.87 $ 1,484,027 2041 $ 569,000.00 $ 889,350.00 $ 25,945.61 $ 1,484,296 2042 $ 608,000.00 $ 849,520.00 $ 26,464.52 $ 1,483,985 2043 $ 649,000.00 $ 806,960.00 $ 26,993.81 $ 1,482,954 2044 $ 694,000.00 $ 761,530.00 $ 27,533.69 $ 1,483,064 2045 $ 741,000.00 $ 712,950.00 $ 28,084.36 $ 1,482,034 Cr M 2046 $ 793,000.00 $ 661,080.00 $ 28,646.05 $ 1,482,726 00 2047 $ 847,000.00 $ 605,570.00 $ 29,218.97 $ 1,481,789 to C7 2048 $ 905,000.00 $ 546,280.00 $ 29,803.35 $ 1,481,083 2049 $ 967,000.00 $ 482,930.00 $ 30,399.42 $ 1,480,329 N 2050 $ 1,033,000.00 $ 415,240.00 $ 31,007.41 $ 1,479,247 CD 2051 $ 1,105,000.00 $ 342,930.00 $ 31,627.55 $ 1,479,558 i 2052 $ 1,181,000.00 $ 265,580.00 $ 32,260.10 $ 1,478,840 2053 $ 1,263,000.00 $ 182,910.00 $ 32,905.31 $ 1,478,815 ry 2054 S 1.350.000.00 S 94.500.00 S 33.563.41 S 1.478.063 Footnotes: [a] Interest on the Reimbursement Obligation is calculated at a rate of 7.00%which is less than 2% above the highest average rate of the S&P Municipal High Yield Index which was 5.50%for October 2024, as required by the PID Act. If PID Bonds are Issued, the interest rate on the Assessment will adjust to the interest rate on such PID Bonds plus the Additional Interest. [b]The figures above are estimates only and subject to change in Annual Service Plan Updates. Changes In Annual Collection Costs, interest earnings, or other available offsets could increease or decrease the amounts shown. _ .—z3bSa.;"F',. ;?+� .n�"-.h,"74x.�ae^-F�i -'W-W. AWIT. '•"—� ;4-5I1. m'S:a?*:z1F�: FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 11 0) M ch 00 Lo (h 14J N O N '1 7 EXHIBIT C - LOT TYPE CLASSIFICATION MAP ~� 7�HOTEL 1115 ROOMS 0 RETAIL 1 20,408 SF OFFICE 1194.050 SF MIXED USE 1 288.BW Sf GARAGE I 1 015 PARKING SPACES APARTMENTS 1750,0W SF KM 528 OFIELOPMENT CRC S LLG 'Ri FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 12 2025 ANNUALSERVICE PLAN UPDATE m Cr.. Co 00 ch N O N 'H lPA - EXHIBIT D- BUYER DISCLOSURES _�- Buyer disclosures for the following Lot Types are found in this Exhibit: ■ Initial Parcel • Lot Type 1 • Lot Type 2 • Lot Type 3 • Lot Type 4 • Lot Type 5 FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT 2025 ANNUAL SERVICE PLAN UPDATE 13 M c� 00 L0 co L6 N 0 N it u FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT- INITIAL PARCEL 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 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS INITIAL PARCEL PRINCIPAL ASSESSMENT: $54,653,000.00 As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, Texas, for the costs of portion of a public improvement or services project (the "Authorized Improvements") undertaken for the benefit of the property within Friendswood City Center Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. Cy rn AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF 00 to THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN CY) ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING N ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE N COSTS, AND DELINQUENCY COSTS. The exact amount of the assessment may be obtained from City of Friendswood. The IY exact amount of each annual installment will be approved each year by the Friendswood City Council in the annual service plan update for the District. More information about the assessments, including the amounts and due dales, may be obtained from City of Friendswood. 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 Harris 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: 6j SIGNATURE OF SELLER c� 00 to M L6 N O N 61 15 DATE: SIGNATURE OF SELLER]Z 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 61 tV M 00 to M to N O N y 11 [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 Notary Public, State of"rexas]3 , 20_ ' 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 Harris County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 0) CY) co 00 to co L6 N O N f1 [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 Texasj4 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment 11" \r, ♦Y) 00 10 CO 6 N O N ANNUAL INSTALLMENTS - INITIAL PARCEL NI6 S S m 1 1?st;,mml 5 5?5})O1 S Is?5)IDI$ S 16!S)Sm $ 1 w.435m f f B9m1µ S 19.t)/.9I S f $ Bs].Ix{py S lm;)Ittl NL S FUAIOm S }.zBtAbm S S 5?02a) S lsl btd]I S IB!s)SW S f ;]140+Ym 1 )]4�m f 3}i?lA)m S IA66I51 1 f $ en,0B3H 3 P+;Atl 3) Ntl f f99.[m f0 f ?s50Fmw 1 f S).W3f! 5 It).00))]I S IB; 195m 5 $ 1))1,913m 3 tMAUm f 3F)aFmw S bp1E(O S f S lAm.+s6w 5 llil.wltl Mt9 f il).KOm S ]SlidiOm S 5 m S IS!]1L951 5 m 3 S Rti!smm S ]0.4tlm S 1Fb,lmw S )4as?9F S � S f F6AI,)9E 5 !)w,ll?% N10 S i]gtPSm S F)LAmm 5 f s;)I?B9 y nsFl]69) 5 1/).mim f S m f ]].IXYm S IJ91.ltJ.m i IQwIM 5 - S S Laµ%]O9 S Nll S F09fmm 1 )esmm f 5 Sf.11l a+ S m6]F l%3 1)a,lBtw f f I)S;a)lm 5 mDm f] m S l4}NEs 5 S S ].iµ011 ,+ f !])lla!f9 l0)I f 6w.mlm S ).)M.9mm 5 f SCf5949 S - 5 I11.I+Jm S 5 I.t)!S11m S )ISSmm f ]ISI.(t0m S t3, 1I01) $ $ $ rm l3 1 +.Ibl.w9)t M)1 S 695,[[Om S }.156[m(0 S S S4W.L S 3 I6 ).Bmm 5 S ] f mIF 5 IJFDIm 5 . l)OId10m S � . 1 5A)fY.Y f f 1w+I5m S 5 ;lumY,! Ill... S 5 Y.101.110m S )).SV.]I 5 S S I}0],W]}) S 4.1iS.101 65 l0)S 5 ]9;[mm 5 l.)[9l/Om S S m.9,SJs 5 � f IEQMim S 5 ?>W 151m 5 W.mY.m S 1pµWm 5 )1.b6% S S S 55 5 !,il.fN 01 )1 AI] S me6.[mm 5 433p Ill 1414 L] 1a1l41,mmlm 5S 11.)111,)1B14 tl M)9 5 5 III, A.. S S W.1W )I 1 S 1a+.915m 5 $ )ISLIiI}I f 1i),ttOm S 9M llom f) 19L S 3 5 II83,6591) 5 1w?993N A19 llmlm S Ip11Fmm S Lmldmm f S KP])i1 S S 11;115m S 5 )F1)DI?w S 199.m1m f %I,SIOm 1 N,9LIl 1 - 5 5 I'W".l S 4F)?wt sl f 1.1(4Vllm S 1.9II.11Om f - 5 61.)tt19 $ S I)],K1m 3 5 I.NI.)9)09 S SIIAN.m S 9165mm f);Ll6 B+ f 1 S 1/B40]BSI f 4]tLd1136 f I.IL}[mm S IASLpmm 5 $ 69bW9) f 1 m f 5 IFI?Iw91 S %9.IXOm 5 BBA3mm S ]S.%s61 5 S S 3/µ151w 1 IWt S Ilf3,mlm S IF]IAmm S f A.W)11 f - f 1145]sA5 $ 3 1.)10.911 s1 S m;mlm 5 BSAS)Om S )41b., 5 5 S L10)9µi1 $ 1Fw,%Ib IW3 f 1 m 1 I.EB)Awm S S ,11)If S $ 1]q)IOm 5 S ;}15,Y9116 f W9Fmm 5 m;9Wm ]4%)BI S - S S i.<t?95)w 5 V0;41611 lb1 5 1: f !sNF]Om S )kilt 0l S 5 I,,.lm S 5 ;)19A)]ol S 69a.KOm f )6LSmm 5) W S $ S f I.IB;Of3E9 S m]I }Mf S LSa!Wm 5 m S - $ 1 I411f F6 S - 5 IWI)sm 3 S )FLLeAR S w;ROm f )tl.ibm 3 ]!Oww 1 3 f 1}t1p31 )6 f a,N;Lbtl HN6 $ )Fm mlm f 1.]b.tlOm S 1 S,fll6m 1 S m 3 5 Ilw.s11a3 f m f E6L[M)m 3 ]4iK0, 5 f S 1I82 )]6B5 S 4.111110 ?III), 1 S 41165m $ S 1.193 b+.11 3 m 5 m1$bm $ ]A)IB91 3 - S $ ?LBI1µ91 S 4AR.IL f IAL;PVw 1 110E 10m f - S )0.w9Dt S S BI.Utm 5 3 I,IKSWO] S m;[mm 3 SKiwm 5 ]9H)% S f S L101 b))5 S !W).Ll)l/ 3 )dl,{mm 5 l<U.]IOm S S m 5 5 ]i015m f S 1])Hlm S 9.. S 1899]Jm 5 )0.)99.a1 $ f 1 ;1m.1]9V S a65t0110t Nm f ].IS,,Npm S <6)AION S f 0?41.11 $ 5 m S S ;I6AOli 11 S ID"IISmm f m 3 ) )LI S [61]15 S 5 id]9,)1?1] f 1611.16111 NSI S }F%.mSm S I.. S $ b.N)I, S 5 SLl15m 1 S ).134w+64 5 1 b.tlDm S 3a)AWm S 11 5 $ $ La>931?St 1 F.b KFl9N )O4) 3 l.a W.ULm 5 fK,.. S S 4s301 t9 f 5 19.i35m S f I.Ia160619 1 II81XAm S ]6;SWm 5 3}.Im 10 f 1 S IF/0.BW 10 5 ♦6I;FL6I9 Ntl S ?6I16V S l)3.9b 0 f S BI,wOBI 5 - 5 I].]Btm S f ).1]I.16)BI $ IF61,m5m a m 5 3).%S )1 S S 5 ;1)4Bllll 3 11,91t 1E,4Y1m NY f )BIJm)m 5 0 ]9) W)20 5 S 01059 S 5 1?)mm S 1 m 1 fLA•A 59 S fASO mSm 5 m S 1;56)<I S 1.1,01mm f S ]RF511 S 53 tl1tlDm S 1461]SMm f ) ELKIm SIwO)39m f 19).i1441 3)F19d16m 3 )%I+bm S eAK311m SI]]KM1Ym f])9K45m Slll wim f ] Npm S f b.9wWl.m S I) K615m )mm, $rllm xrNrx<olrp<rnlulNap wry[nrnery Wrf IO Ire Mrvalftrkt[m GrN wnenrolMNNN,r CeM, <wL,Mrrnre 4..NrhPvv,[tl.<nwn[nuamWern elrre4+eulnY,a lnOoren.,,[>unar+eaellrol Nr09nreemrrenM1,wn+W rN4V�01rer.m raseawel rneMnr,IWhnon[e0awr<rh I,IIW h.+]wxV,NBrro„rctt anene,uevxpvlYry NNN n ab(L .m,l'+Vl Nrnenabf b awkxNon INNa41 N,p Isprwerunr M.tl+n renrN prgengaM l,ey,mera Bnenx Frown MNr? s%er.M B,r,mw . orrre Vnbr Nrrsr Imwuven peM+ nI6aF@ reSr4 MNnnsJMaN w'.Mn u5en9 nu,Exe.EM..nos<ronn,hrvevenlrrvle+wYaa[r.gnrre<N Eerna„r,1YMae 0LLnllm,lra [lxyn arvurr[ofnrkn[a+rt,a[ofn,aner U3M1wWlnnnr.rexm +-•m x� w N r„M,Be ern n�<wn 9.r,n, w mr.,x rt.,rm.. a anewr, IrNI^ ,.qew namy„v mx.9 kneY..rNel%,w..m,n[•n,.,r,L,m,crn, 56rNwrlylxyn rwemx„anu,n,rs.sw Euar05erro},.,.r.9areewlNwOa,rto-u ewOr,rerawN.n„ernn,r,reea,Ie u,<omxr veapnu �+m,mpnxr,x. IrIF nUer,+,xer.nmarwmwe]N r.rN+x,.�,e.0 5<n.tl rxnreaer+err,.evwxVla.a..,aex. rsrrhln.r,IM.Fa'r+v�.,�*n.,a,e+rrrr,w,.ar,ulamawlM+.w lmwm<mem wx+wMmnrnre,re. 1[I mMw.,�nrne„N,YNa>s.,N.9en rNev,n, crmxex,u,x My,r Ma,wer.enl wN, Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment FRIENDSWOOD CITY CENTER 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 wider 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- M ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; ce) 5) by a fiduciary in the course of the administration of a decedent's LOestate, guardianship, conservatorship, or trust; M 6) fi•om one co-owner to another co-owner of an undivided interest in the Lx� real property; 0 7) to a spouse or a person in the lineal line of consanguinity of the seller; N 8) to or from a governmental entity; or a ry 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. tT CY cY) 00 LO co LO N 0 N Fell 7 AFTER RECORDING' RETURN TO: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE I PRINCIPAL ASSESSMENT: $41.17 per Square Foot As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Frientlsivoorl Cily Center 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 1N 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 City of Friendswood. The exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris County when updating for the Current Information of Obligation to Pay Improvement District Assessment. rn cr) cr) 00 to M t6 N O N [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 properly at the address described above. DATE: SIGNATURE OF SELLER DATE: SIGNATURE OF SELLER]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-I ), 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. Ch Given under my hand and seal of office on this 20 00 to Cr) to N O N � 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 Harris County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment M C0 c0 00 to c� In N O N 4M Wr [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 Notary Public, State of Texas]' , 20_ 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS-LOTTYPEI s,3 �F:fl s�x;.,, s �- �f�z r.�f '.jr�s� N{. ;��\ ,•'': „' �.riin*�+ S 1% 5 Il.9p $ pW $ 10 d1 S OP S - 5 0,14 $ S DE6 s DAJ 5 - 5 $ 06t s p.e) ]di $ 0353 $ ?95 $ $ Od 5 IO .1 U $ $ 2 6! $ 0»0 $ 0% $ 001 $ j 5 1.11 $ 3.56 lWD $ 0»6 $ ISl $ $ q $ (0041 $ 014 5 f ]A) 5 OIY $ 092 S 00} 5 $ 5 111 5 3.56 ]019 S O11, $ IN S $ pd $ Ip0\) $ On lOM $ 0.9 $ IY $ $ 0W 5 10Wj $ 011 $ 5 ?4 3 0E09 $ 0% $ 00} $ - $ $ I» $ 355 S O4" $ tBt S - s Dd 5 (0 Do 011 $ $ }AS S 0n, $ OY S .1 $ - $ $ ?12 S )» 20It $ 0190 }Ai S Ot3) $ 0Y1.91 5 359 30)3 $ 0.52! $ ])t 3A6 s O3» $ 065 }O]I $ p559 $ In s 5 0te S $ 01) $ - i ].a6 5 D2)0 $ OY f 00) $ S $ 1.11 5 l58 ]03S $ 059] $ Ib9 $ f pp5 5 $ 011 S j 141 S 0253 f O81 $ Od S - $ $ 131 $ 3St 1011 5 06L S tb5 S $ 005 5 S .11 $ S ].4 $ OlU9 $ 0)9 f 00] S $ $ 11] S 356 2.1 S 06It 5 111 5 - 3 005 5 - 5 0.n 5 S 1e5 S 0n, 5 0)3 S 00t $ - $ $ 1.1] S 35) ]0» $ 0I39 $ ?56 s S 5 035] $ ¢]5 3 001 ]039 S 0])9 $ i51 5 - 5 005 S - $ 0.11 5 $ ]15 S 03)6 $ 0)1 5 001 EOM 5 OH33 5 106 $ - $ 0M $ S 0.30 5 $ }Ae f 0lpl f p]0 $ OOI 161] $ 0690 $ IW $ - 5 OM S 3 0.1O $ $ 3.4 $ OAn 5 0.6) $ pW S $ $ ?» S 356 ld) S 095] $ t]3 5 - $ OM $ $ 0.10 S $ 1n f 0e51 f OY $ p0] $ $ $ 1.13 $ 355 ]d3 $ 1A10 $ 11) 5 $ OOS $ $ 0. $ S ],n $ .411 S 061 $ 002 $ - $ $ 1.1t 5 355 }d! $ IpY $ 3]0 $ 5 0A5 S S ➢3 $ $ 3n $ p5}) 5 OS] $ 001 $ $ $ 1.» 5 350 Ids $ 1.163 S 1.1) $ - $ Op5 f $ pLf $ $ Ze] $ 0559 $ 0% 5 001 $ $ $ 1.12 5 350 f lle3 $ ID1 $ s pd 5 - $ 00) $ $ ]4 $ 059] $ O30 $ 00] $ - f $ l.n 5 353 .1 $ 1319 $ 91 $ - $ 0ne $ s 0➢t $ 5 ?4 $ .611 $ D!6 $ OOt $ $ $ "t 5 35] tde S It11 S 04 S f 5 35) $ 351 }O50 $ l6}S $ 065 $ $ 0d $ $ OM $ $ l)9 $ OPH S 031 S OOt $ $ $ l.n $ )50 ,,,h 5 1]3] $ On $ $ Od 5 $ Ott, $ $ ]55 3 O12 5 0)6 $ Op) 6 - j 5 1.11 s 319 1051 $ 1655 5 041 f i d 5 - 5 ,41 5 5 ).» $ OB% ]0It 5 1956 $ 019 $ - $ On, 5 $ .1 $ $ }Jfi S D9tt S 014 f Or, $ - $ $ 1.0 $ 9!i t.4 S ?n! $ 0,11 $ 5 1 3 $ 1 5 ]M' S 005 IOn 5 001 $ 00] 5 LII $ $ 001 S 0d Tptl 5 39.It S 1.f5 S 1.69 S 0.]1 $ 3.13 $ ].l 5 65.13 $ 13.31 1103 $ O36 $ [11 $ $ Y $ 9[fl I.- lal Flelnl.. h1M n W tale. 0e Wlial A4jv lmpoeemeMB0'.. 161MM,aL 1.. Cw-.111vMe0 alb"Otn'Itlwlde ku.1.On ual.111.nCula[nmparcry o1 the 1.e.t.SO, peemenl4anrmml rvtl not......Od In One he, he rnune[oanl IheP'nd'1.e,.n[ea1saa[a NeaJmPn11a1rvPtuaG brlan[enrMu[e010 $)4[W $[ l)eh5prpaYaMllepaemen[Bnerae Pnaunlwn pulu)ylurh.f aleaw6..nmlelt.1-Lul'b[rtenNanlaelnWlM\ne bnpomnenl.-hen tMdlppent9 aM]I,nYneme 11-1. tne- ) .a One WI 101 teaLGC IM Itet lG[d anaviMh rd heeiNalaOannua9l n ea[Ir arvw05e .91an ONate.1MI1 +ea ah-h-. veealircatn"a 1J 11 to [NrleoM 1Senee 14n0 .el Nan3n In A-111 Ca'bnan s,IM0onnlrtnW.5M1avI0rn4re errelaM re9+� M4tt wegx rva4tle nNna[eW 9a nOtt iehe a[lunn. I.; Nl...-[ BamGrvemenl0.".,-.taeh nett" he aeral 0ubn W)OJ%whkh a ene n}%aa the SRhe er, raleel he. SB p hM[9a..11 YieMNhawh'ihrva,S54fIb0[m6er MN, e,'.. dOYlne p10 Ot, t Bm O, hw[4 NeW On the Onemmt,t wV,dOj letheNlernty ... hP0hO t,rAOtheAMtw IJIa, re4neeJrn mlurJm nlrvlaa Myeu. erve laL.,. a'Ohr,t ,l In",Ma,,fe emenl4u,-,ta lwlgdbldrvl Myv hn'..eMaxenm entw][ul..... IS addnbv Flnnt.lullbe[plMedufa0<nwp'leolheaddeavi M+pabw0,--ltw3,. Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 2 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 ofsale under a deed of trust or a sale under a court- M ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; co 5) by a fiduciary in the course of the administration of a decedent's 00 L0 estate, guardianship, conservatorship, or trust; 6) from one co-owner to another co-owner of an undivided interest in the N real property; p 7) to a spouse or a person in the lineal line of consanguinity of the seller; N 8) to or from a governmental entity; or n ry 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE. 2 PRINCIPAL ASSESSMENT: $34.24 per Square Foot As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. Cr. AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE M AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF 00 to THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN M ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE o COSTS, AND DELINQUENCY COSTS. N The exact amount of the assessment may be obtained from City of Friendswood. The ry exact amount of each amoral installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris County when updating for the Current Information of Obligation to Pay Improvement District Assessment. I m co CQ 00 to co U6 N O N '1l Wr [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 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 tT tY tY' 00 to co tc> N O N (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 the by and , known to me to be the person(s) whose name(s) is/are subscribed to the foregoing instrument, and acknowledged to the 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 ' 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 Harris County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment '21 7 [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 lie or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this Notary Public, State of Texas]' , 20_ ' 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 Harris County, Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment V/ MCM 00 to C0 V! N C) N H d ANNUAL INSTALLMENTS - LOT TYPE MI6 5 $ lea 5 Ilia $ ON 5 (..1 f 0n f 5 0.11 S S 055 5 00l S $ $ r056 $ 065 }Ol) S 0]9 $ 1.1 5 - 5 ON$ (00]) $ Olt S f IN S O1. S 011 $ 001 $ $ $ 093 $ }11 Mt9 S 03l 5 1W $ - 5 O 1 5 I00)) S .1 5 5 10} 5 OSS $ )] $ DO] 5 $ $ p% $ 296 .1 5 03l $ 156 $ - 5 ID) 5 IOG) 5 O.II $ S IN $ 016 $ 01b $ 0➢1 5 S S 09) $ 196 MN f 6 $ IS$ $ f IN 5 10031 S 011 S $ )Ox f 011 S 0]S $ 001 S $ 5 0% $ "1 lio 5 .. 5 153 S 5 OW $ WNI 5 011 $ $ lW f 0.16 $ 07l $ NN 5 l 5 p93 S ]9] SOl] 5 OA1 $ ISO 5 5 OG f - $ 011 5 f ]OS $ Ol➢ $ 0]l 5 001 f $ 5 09l $ }98 f O44 f all 5 $ OW S S Oa S S ]M f 011 5 01l S D01 5 $ S 093 $ I9$ 2034 loll $ OAe $ lA< $ $ OW $ - $ .10 $ $ 1N $ 012 $ 069 $ 001 5 $ 5 0le $ 196 30IS 5 D50 5 IA1 f $ OW $ - 5 OIO $ $ IN $ .14 $ 00 $ OG $ $ 5 D9l 5 ]99 1D15 5 an 5 111 S - 5 DM S 5 D10 S S IN f ➢26 S 066 S 001 5 5 S On 5 l9 $ $ lM $ 0)] $ QG $ ODi 5 $ $ oil $ 111 lOL $ ON5 $ Of9 $ $ )M $ O}9 $ Obi $ 003 $ $ $ 09) $ 297 l0]3 $ O65 S 1E6 S - $ ON f - $ OD3 f 5 )D) $ 031 $ OEO f ON $ $ 91 $ 196 lG0 S 0.69 S 1]t f 5 OW S - $ 003 S $ lDl j O]] S ]W1 $ 0.11 f 11. S $ OG 5 $ OG $ $ ]ID $ 036 $ 0. $ 00] $ - $ $ are $ l% lG} $ 0.)9 $ Rll $ $ OG 5 5 0G $ 5 )@ $ 03B $ 053 $ 001 IW] $ OSS S 105 5 $ ➢G $ - $ G S $ 1D} $ OAl 5 Oil $ 001 $ $ $ p9l $ l04 $ OW $ 099 $ $ OOS $ $ OOl $ S ]DI $ .A) $ 099 5 00] $ $ f 09) 5 19s O9] f $ ➢OS $ $ 0➢) $ $ ]DI $ .1 5 0<S $ 00) S $ S 09l $ ]9f ]04 $ I➢3 S 1. $ - $ OIK f $ OM $ 5 ID1 $ O50 $ 091 $ OUl $ - $ 5 9] $ l94 )W) $ 1.10 $ O)9 5 - 5 OM 5 $ OC6 $ - 5 ]Ip 5 p53 $ OY $ 00] $ $ - $ ➢% $ l9l f $ OS $ $ ]M $ Da $ O)l $ ➢➢l f - $ 5 09l $ 291 $ 199 j NI 5 0.30 j ON f - $ S 0il 5 29l $ 11. $ Dbf 5 p16 $ 001 5 $ $ 09) $ 191 IOf1 S t+a $ ,o S $ OOS 5 S 00l 5 $ 99l 5 all 5 OSI S OG 5 5 S 09] 5 )% i➢Sl S ISn $ 0)5 $ $ OOS $ $ OOt $ } 111 $ 014 $ ➢1] $ OG 5 $ S 091 $ 1% lMl $ l65 5 O14 f - f OM $ 5 00x $ $ 1.% $ 0)9 $ 011 5 00E S $ 5 ➢9l $ ]69 z V1 S DV 5 5 W 5 S .I 5 1191 5 oM s oes s O@ f om s 9I s S oW $ EIOs1 w $ 311i S )L]f 1.6i S .. $ 0a S in $ al S Nbz $ ll.a $ i"i $ OA] $ 0.9E $ S i5N $ Wl One Wyxl 1[)11e D6pxrrtyartlRepimev Rnen'eM+pnl waSpvaN'tllutlzE+r[NOry.Akio antenna SNY pe[a4<IM w Ne InO" Mohr lmpmaea,t nmdr .a "a a p+ ., Repayment Rn RaenN'rebx 15%olUepv amanaol Ne Y.IYIMalaalmilonenenlbmlt IEIaMIMe55bnal1-1 aee+l.. an on53+NwL)e[I10[N nlzinAmxl Sercee Nan Wlalea MMermMruLCrinlmCual4lRarolrtrmmdlMlmallnaerera,rn<rvelW npuremmai mNre+l <arauy,pn)er ,,I r—"wer [mra o-e ent ema.�muasn9e.� RHO meeare uem1r none Otleaa reArnn+leEnanleel)6%vN[Dnon Nepvn]]+ ab.e0z reah5eamnler+l ednest w[galNnlrVHWaewln]rwaa950%lorp[ra4r }0]+.+rrpveRWlhMDa[I. In aao '.re...11e Ia,- rare on Oa Reeno N.-,lo lagveeru nleonvM90-1 p'ualhM 1O...'na51. In Re earn".. .eem Mf mm ,.—n ve lard nnoneyl rv+4tle.IM1+W I�v01 Myp 4neememrna PSN+xe+.aaM1eW 0.1)1arvIM{anlmpe+eveM Meesmemexl+veave al+➢O'mrul lMeaeNaFanbeeerenN uwe lhes�aavetlrhm6amma lupampmmm+v Ranae.l Annual Installment Schedule to Notice of Obligation to Pay Improvement District Assessment FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT —LOT TYPE 3 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: I ) under a court order or foreclosure sale; 2) by atrustee 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 rn at a sale conducted under a power of sale under a deed of trust or a sale under a court - co ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; co 5) by a fiduciary in the course of the administration of a decedent's LOestate, guardianship, conservatorship, or trust; ce) 6) from one co-owner to another co-owner of an undivided interest in the Nreal property; C) 7) to a spouse or a person in the lineal line of consanguinity of the seller; 8) to or from a governmental entity; or na ry 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 3 PRINCIPAL ASSESSMENT: $IS,492.94 As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center Public Improvement District (the 'District") created under Subchapter A, Chapter 372, Local Government Code. tY AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF 00 to THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN co ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING L6 ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE o COSTS, AND DELINQUENCY COSTS. N n The exact amount of the assessment may be obtained from City of Friendswood. The IY exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris 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 ofa binding contract for the purchase of the real property at the address described above. DATE: rn cr) SIGNATURE OF SELLER CM 00 to c7 Ln N O N it Wr DATE: SIGNATURE OF SELLERIZ ' 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 I, Tex. Prop. Code. Signature Page to Initial Notice of Obligation to Pay Improvement District Assessment tr CM 00 L.0 (`') to N O N '11 TFA [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]' ' 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 Harris County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment C0 00 to M L6 N O N 'a1 r% [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 the that lie or she executed the same for the purposes therein expressed. Given under my hand and seal of office on this 20_ Notary Public, State orTexas]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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment V cvN: . Ce) W^ L, / M L0 N CD ANNUAL I NSTALLMENTS- LOT TYPE 3 $ 3d31116)SLl< $ S5) $ $ 0 $ I.I3913SIbS S $ 91618 $ 69IJ $ 30)b6 $ Sd $ 5 1 $ I,I3B69515 $ I15 ]5$5 5096 S $ 91SI1 f )3)0 j 11]BI $ Sb $ $ l 7�$ $ 1,13, Sr)0]W 5 - $$$ 50.11 5 $ 1N 3) 5 ]0.5l $ 111. $ 5.9) 5 5 0 $ L.,I.5 69119 S $ 159) $ IL56] $ e9)0 S $ 9}rII $ Gb3 j 11116 $ 603 S - $ 1 $ 1.113 I3l9)]66 5 1.350ll}19] - $ 166t $ $ 1]59 $ $ 91i 5) $ 9)li $ l)066 $ 11B $ $ 1 $ ],119.I131 $ 6)E SI $ - $ 1695 5 $ i661 $ $ 9E6<1 $ Id]l $ ]1119 $ tl $ $ 6 $ 43<l 91IS $ 1])9 $ $ 6ii5 5 5 915E 5 Id06 5 ](blfi 5 653 $ $ S f 1.31 ).df}I611S $ 1]G $ $ Mi1 f $ 9El}t $ 116M $ }9BG 5 bFb $ - $ l $ 1.365.16 lOP $ t5681 $ Ed)5 5 1 l).9] $ j 11t3 $ $ 11319 $ ItLtt $ 19151 $ 6M S $ $ 12119 $ 1.311A9 lOL $ ])44: $ 59)1] f - f 10.31 $ 5 1153 f S 9}l91 5 13)31 $ }91G $ 69l $ $ $ It1.15 ]d9 $ 1911E 5 Sdd f - j 10.11 S $ CO50 f 5 9t016 $ I0116 $ ])IS) $ )d $ $ $ 1}I.10 3 1.3e1 i6 IOW $ 31113 $ 51].1 $ - $ I9M $ $ 1911 $ $ 9I916 5 150.11 $ 162b1 $ 111 $ $ $ 1I0I $ 1,319.95 lG1 $ ]lid $ 5]1. 5 f 1IAl $ 5 31H $ $ 9116) $ 161.30 $ I5111 5 ]36 $ $ $ 41111 $ 1.11.14 ;W) j 3:101 $ S0E,14 5 $ 1996 $ - $ 35 B) S $ 91595 S 1]].35 f MI? $ 150 5 1 $ 1E0.G 5 1.3365) 3 391.d S 1)1d S S )O)5 5 $ 31W 5 5 3 S Id99 5 l}9]6 $ 1.. f $ $ 11039 $ r.l3 l I. 1 1d34 5 150 E1 $ - $ E066 5 - $ 1, 1, 5 $ Ir", $ 19613 $ I'M 5 )dl 5 - $ S Iroll $ 1'13I.95 }GS 5 I3)b9 $ 1)Ibl 5 $ ]IL) 5 f 301] f 5 ".1 $ }WO6 $ ]01.11 $ ].% $ $ S 1101t $ 1,3)Od tDM $ 16)J1 5 1. 5 - $ 2IA9 5 - $ 1113 5 $ .11 5 I)IAO $ IB]AO $ 1.11 5 $ $ O.11 $ 1.3t815 td] $ SWffi 5 I59I3 5 $ ll9} 5 $ 1559 5 $ 902t0 S }W,II $ MIAI $ 0.lB $ $ $ 1t005 }5655 $ ISIl6 $ 9A5 $ - $ 5 11995 5 I.11l11 lM9 $ f1119 $ }9511 5 $ ]l el $ - S 3061 f $ A'O 90 5 1]111 $ 136% 5 99E $ $ $ 419G $ L3t010 ]O50 $ 61LI6 $ MI. 5 S 13t9 $ $ d56 $ S 111d $ M1G $ 11].]I $ 9M $ - $ $ 11933 $ 1.3I)10 Eo51 $ 153M 5 EOtd 5 S 11]1 5 - f 1150 $ $ %+.91 $ 3I111 S d}t $ 111 5 - $ $ ID.a 5 L3L 3I ]OS] $ .1. $ "1M 1 - 5 ]1I0 $ $ 1111 f $ 191 ]I $ 331)9 $ ]IS9 $ 91, $ $ $ 119t1 f 131091 ]O53 5 19t1)5 $ L301e5 l0y $ %1 $ 5596 $ $ ]S.IB $ $ Y3 f 165d S 19AI $ IG.]0 $ ]b]0 $ "1 ie)al $ 30 91)l $ 111. $ ]33.3f S 16L50 1 111[ $ 1 6.11 $ j...IX 1 IsIM.11 15 S.d061 $ Cl m ro)et I•I^'eeear0ukmteea[Uarateollraln:ul M,prlmpau.enernpwa I41 \ile Mmaal(µe[!an(m4wuernl'afINMMaIbM[rmu{+M VNeleAeelMMwlColnlonfn•rr [empaxnl4/Ue MIUIMaI+rlveymemenl4fnm[M vT]rolha[Ye[IMin[6eeaary 3pn Wt]MUrywOretume [a'4[:mollner5ruue WMon[aah4xelMld�riM4alNe IwJ LLanekreexeGlo514tlU. I[I \Ie 0etege[ryaMpreprymenl le]eM4[4nawaapulh9y MEee al [b4n60050gW lnlerea[aMpe[o4[t<Om IMInIW Mt rlmprmemmnBmlf wMn Ne 0eiyuenry Mprep•yme n:Permel¢41Mn4ebw} 5% IMe.'nnO-l5o%laa]oPV Iola. al]epun[a P]IMVOA[r. 11.0 IBA* .revere ewel�Mrn .6�. ,.uaw r[I.wr, rrede. me �{I meeaslnle�ieerl Mu'I4e[a`exretlu[orlMlrwvae4l)Ir[PMLaur Ngalmpwemen]Gtla.l Annual Installment Schedule to Notice orObligation to Pay Improvement District Assessment rn cY) M of u7 CM 6 N 0 (N rl 0l FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT — LOT TYPE 4 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: I ) 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 4 PRINCIPAL ASSESSMENT: $28.87 per Square Foot As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center 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 to THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN M ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING L0 ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE N o COSTS, AND DELINQUENCY COSTS. N a The exact amount of the assessment may be obtained from City of Friendswood. The exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris County when updating for the Current Information of Obligation to Pay Improvement District Assessment. M co 00 U') co L6 N O N '21 Ir [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 ] 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. M tr, Given under my hand and seal of office on this co tb to M to N t7 Notary Public, State of Texas13 IL' , 20_ n 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 Harris County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment rn co co 00 to co N O N [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]' 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ND \M lM tJ 0 Co C VJ N 0 (N ANNUAL INSTALLMENTS - Lot Type 4 M36 $ S I.I$ f 11 )61 f Ow f 10011 5 D.10 $ S r010 f S 0<6 $ 001 S 5 $ OF] $ OS] M)B $ 0]6 5 135 $ S OW $ IO.1) S 010 $ $ 1l1 5 Ol3 $ 065 $ 0.1 $ f $ 019 $ }G9 Mt9 $ a]B S l3] 5 OOI $ 10.1) $ OM } $ 1)1 5 ➢lt S OW S 001 S 5 $ 0)9 $ }<9 MlP 5 0.30 S I.JI 5 $ S aw $ 100115 OW $ S 1)0 5 O$. 5 063 S 001 $ 5 5 al9 $ Ld9 ]0]I S 03] $ 519 5 - $ DO) 5 (0 %I S OW $ $ 1.1} $ OI6 $ O6S S D01 S $ $ a)9 5 l50 101E $ 039 $ IE) S $ DOl 5 S OW S 5 Bl3 $ 01) $ 063 5 p➢1 5 - $ $ O]9 $ ]5) }0)3 $ P.3) $ 13t S $ DO) $ S OW 5 S 113 $ e $ 060 $ 001 5 $ $ 0]9 $ ]51 M)t S 0.31 $ 1. ]I T $ DO, S - S OOJ $ S Ill S 019 $ 0 S D01 $ - S 3 0]9 $ ]Sl }WS S 09] f 9 S $ Ow 5 5 3 S S 1)E S OM S 05) 5 10 S $ 3 OJ9 $ ]SI DDI $ 5 OW S S In $ 011 5 p56 $ Ow $ S D 4B 5 1.1) 5 5 P01 5 5 OM S S 11] 5 0)l 5 psd 5 D01 S $ 3 p)p 5 )SI }0)B 5 OSI S I09 $ 5 OP3 S $ OM $ f In $ 0]5 S 053 5 001 5 M)9 S D55 f lD6 5 f 00) S - $ DW S $ 1.11 5 D]6 Z DSI 5 001 S - $ S ➢]B 5 i5p )w0 S Osa f !➢) 5 - S Ow S 5 oID S S VI $ oia 5 039 5 001 S - S 3 a)6 S iso MII S O.61 5 091 $ $ OW S f D➢) 5 $ 9)i $ OY, S 011 $ 001 5 $ $ On $ 149 )W) S 06] $ OL S S OW $ S 001 5 S 1)) S Ol) S Oa5 5 001 5 5 S D)a 5 >w3 f 1 f D.n S S Dw S 5 DD6 S $ v0 S Olt $1 Ot3 5 ODI $ S S mB s 1.a9 ]wt 5 0)6 5 Oat S - S OW S $ 005 S 3 9N S 011 S 0t0 S 001 $ - $ S ➢Ia S ]ap }w5 S OB] 5 011 5 - S OW S $ 005 5 3 p $ 011 S On $ DOI $ $ S 0)9 $ ]Ia S 0.1 S 0)l S S Od $ 5 OOS $ $ 1.61 5 0(] S D35 $ 001 3 S S On S 06) $ S OW S S OM $ $ t69 3 O05 5 OI] $ 00] $ S $ .1 $ }d) f eW 3 pM S - S Ow S 5 U.w 5 3 1N f D(B S 019 5 00) S S 5 .1. Iw9 f 101 3 O51 5 5 af5 5 S Ow 5 S v S D51 S 016 S Ow S 5 S 0)8 3 0.. f I.I4 5 016 S - 5 OW $ - $ P01 $ 5 111 S 011 5 On 5 001 S S S .1. S 141 ]OSl f 13) S Ola S - f OW S 5 0a1 5 5 ] S OSaIdi 105] f I.JO 3 019 S $ 04I S S O01 $ f 166 S 06] S 0.IC $ 00} $ S $ OJ8 5 I.ie 1053 S 1.n S .1. S - $ OM $ - $ OOI f $ l66 S 061 $ .10 ]Dsd i 1a S D f 5 aM z s DO 5 In 5 pw s Dn S am S ON s 1B S s DW S Ow ipL $ 19.10 S ]f]l S 1.3f S lW 3 .If S 19l $ IFI 1 $ D. $ B.3) S M.6f S 0.90 $ .]a $ i1 F5 j 61.1t 0.-0. lal lm 'nrwmn ueueemnl M rmwu em.nlWw.. IOI II:e Lnw,l(tllealonI(oHanve n.9u,lw'Nal Wd[lorn{aM w1+41enaU<A+nual Wh[la+(oa4[empnenl nluelnO.IM;ulmprme:eenllufeasneM lM4aynlea nth eaM1awri W111.e GryxY wnalll:elsn,ncwt Ott— .m.e nt Aen. r.xrn:am.1 h..nn.rta,admsramD I[I lne De\puer[1aMPrtpalmenl Reurre Maanlwaa P.nnWIxWaJuabu+LAdJ:InrulXurn. J:H Le[Wealeduulµ M.rul MaltrlmpruvemmlBwJanl:enlpe Del.:9unlvYaMlreplmtM Retest Auu1M119.e:ow I S%ollhµ waunlol Ne Salul M4urlmwort:unl Bmd. n w Ia11.v6tlnll.<]IREM. 1."— w ot,d.lNwvnlvXaar64uhN.udµ+vahrnexl:f+.ua Se...e Wan Ypdale. l0el{:nta Jvm.art...... alnwlyanOaW:<al ta[NrVem AvualiemePun Vpuea UwAn an YfWea mn(n.la.lMolRM.l:nnrllme mzlu.f re :xn4d..n .id'e o114bwM1l:n[ wJe[re el6eamwn lellm O...... nhuhWlMal.r.lenllw%wlxM1lalf.. Wnl%ab,e Ntlu{De rtr.{<raleollh MpMun[IpJM:NaYrN l..fe.xtµpvX5S0%l.r [k)Wn3O)(,.arqurzdptrh%D n.DPlOexavare r^uea,N nuuHuuanlh P.feumzrn wela4nl o0:e:meulirauan[un n00maa pu, nebbl:wlMlweH. In Auunealne re l.av of reur+e Iv:annMvnlral aun.mem rea. r.uaR rnelre Iwamannn:'a an IWz, ne Irul4.ial maM xwnemem a.¢Hmem a W rm.rpJM.nMM.prl.twwenrnl Nrnrnmrx(1Y[rwre I{IbMrovl pFereH WD W [wea3eJUWn 0�e uurere<o11h1dJ1ovl M,�plupoxm a+l W+Jr Annual Installment Schedule to Notice of obligation to Pay Improvement District Assessment FRIENDSWOOD CITY CENTER PUBLIC IMPROVEMENT DISTRICT— LOT TYPES 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 sate requiring the notice set forth below. This notice requirement does not apply to a transfer: I ) 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 truster 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- M ordered foreclosure or has acquired the land by a deed in lieu of foreclosure; co 00 5) by a fiduciary in the course of the administration of a decedent's L0 estate, guardianship, conservatorship, or trust; ce) 6) from one co-owner to another co-owner of an undivided interest in the No real property; 7) to a spouse or a person in the lineal line of consanguinity of the seller; N 8) to or from a governmental entity; or n IY 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 CITY OF FRIENDSWOOD, TEXAS CONCERNING THE FOLLOWING PROPERTY STREET ADDRESS LOT TYPE 5 PRINCIPAL ASSESSMENT: $46.56 per Square Foot As the purchaser of the real property described above, you are obligated to pay assessments to City of Friendswood, 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 Friendswood City Center Public Improvement District (the "District") created under Subchapter A, Chapter 372, Local Government Code. Cr rn AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE co AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF L0 THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN co I ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING to ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE N o COSTS, AND DELINQUENCY COSTS. N The exact amount of the assessment may be obtained from City of Friendswood. The ry exact amount of each annual installment will be approved each year by the Friendswood 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 City of Friendswood. 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 Harris County when updating for the Current Information of Obligation to Pay Improvement District Assessment. 0) (h ce) 00 [n co L6 N O N [The undersigned purchaser acknowledges receipt of this notice before the effective dale 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 SELLER12 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: SIGNATURE OF PURCHASER STATE OF TEXAS COUNTY OF DATE: SIGNATURE OF PURCHASER The foregoing instrument was acknowledged before me by , 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. M c� Given under my hand and seal of office on this 20 00 to co to N O N Notary Public, State of Texasf 120 ' 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 Harris County. Purchaser Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment rn ch co 00 LO co 6 N O N r Md [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 Notary Public, State of Texas]' , 20_ 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 Harris County. Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment ANNUAL INSTALLMENTS -LOT TYPE 5 f 010 5 IN S S OW 5 IOp11 016 5 5 2)6 S 0.19 5 1% $ 00} S 5 $ 1El $ ,0E 5 Oa3 5 111 S 5 0% 5 10%1 5 016 1 f lli S On f IW f 001 S 5 S l$ Mu 5 0.a9 S xu 5 1 OR S le%I 5 0% 5 f tIi 5 Ov 5 101 1 1 f S 5 S)) f a0E s nsx s ttl s s % s 'Co s ms s s m s an 5 Iw s Do+ $ - s s 3 OS1 5 1p S S m 5 S el5 f S 3N 1 011 f 9 S OOt S S 5 Lil y 9p 5 059 $ tw S S OS 5 $ ale 5 S }19 $ 019 S 6 $ Ow S S S Ili S C% Ow 5 5 5 )x) 5 a05 Nu S an S Im S f Dw s S Dn 5 f v) 1 ws S 0% f a01 f S 5 ) f paa 0OS 5 - $ eD 5 5 )ll f i f On f o0t f f 5 uJ 5 Sa Mu 5 ¢Bt 5 6 S S m 5 S 011 5 1 ID S Su f s S o0t f S 5 IP> S 5 e9 5 vl f 5 ¢w S S 0.1] f 5 i)r S OS) 5 ) f a0t f S 1 Ln $ Sw $ % $ .wl 5 lul $ lu 5 1 Up. S - 5 0.1l 5 $ ].)6 S • 1 9 S OA> f S 1 6 5 SOZ $ t® f 15) f $ 0% S $ ¢I\ $ $ 1.Is 5 .11 13l6 $ 60l mf3 $ lu S lal 5 S w S 5 ¢IO 5 f 11 S O55 5 aN f + S 1 5 3t6 5 401 !nH 5 1 5 I11 5 - D[6 S 5 010 5 S ) S es9 $ a65 5 OOl f $ $ ))6 S aOl 5 t 3 11 5 $ S OM 1 5 Ow 1 5 lH S a63 5 t 5 Ow 5 f 5 t}6 5 $ lal 5 SO S 5 a S S 0% S 5 tT f n% 5 u 5 ow 5 f 5 Il6 5 tpl S i% 5 ® f f 00] f f 0% S 5 lV 5 Ufl 5 Os+ 5 Ow S S f 116 5 39t )% i 1R 5 015 S 5 Ow f S OM 5 5 Ill S Ou 5 Oo S ow $ S f 6 5 39l $ ]& S f$ 5 Dp S S n% 5 5 t10 S OY S 615 5 i f $ S 1.26 $ 3% S Dp f S OW 5 5 Id9 f 091 001 f f 5 116 $ 101 ]w1 $ It1 1 03l 5 f r S 5 OOI $ $ 1V $ itl 5 016 5 0U3 $ f $ I)6 5 39l 5 310 S 0)) f ufq 5 001 S ]w S Op 3 115 5 Dp 5 ODl 5 I+t f ¢01 OOr $ )I.N S).v) 0 f 1.69 o f l.W $ W 5 S 3 + f 10.6E S 04 $ I.Ef S S H.SE IM.i6 Jow.d I+P•.r .rWlNaulrzme q%. Wplu%w Ib lFeamuar[.nvrtn[2pvnve NnaMI.aMN,I WrGale nl.b•InILL'IeFNNe Mru.I Cpin[bn Cerl+apnpnenlelrh WYlM14w Rpev<m<n13+•e••mmlmlleelM[pharNNOwevrySevry W))M pLmrl er[Yvrm W Nehrvb(che1W [ml•w.relEe pfmFhvnMlv..f p.ywelsreOxNb SM[W I[Ilne DeF.wrvraYanel.ep)max Re•er+e Jl[wn+nspmu'k lrm.[Nalvreviy IEblbwllnlernl N.etraekerNe, De lrtlre M{er Mlrmmenllwd•wrvn lFewSrpenYaNprryvvn<,r Rneneta.wlp Mbm }1%elleeparanau,atl WrY. NIMrpr lmpwev�m Bwd+ Ifl Eraen m<Jwa..ra4Nv.,ewrwrn „+)e, wkwrN..,..aym ub Xrr[e ro.upne ne hw. sawlwinl .,rnsrmre %..Upne•. a.efoN w,,.Ietlnrlm[wD.rt..sxrq,.r Rbna,.11mnm rnn,<bNrn�+<mmu mmenw.�,n.r.rk,,..aa:.na•[wuln�nr<o aer�re rt. amo.,,r•m�....eA Ielv+r wrFe PYmlvemmr OCifnrn uYWreOarar.re plJOl%mFkp LLhglNn3%,LaerFe FYeerlrveraRrare.Ivel6VAlw'[prIHyFY.e'f�e<e•aA4 Wavi5gtrxnn%rr N)...•rryvM brvFe plD hl.bpgpnp arelu•N[4'ntp<sl nleee bb3menmmrmnae�unlp Ne MereD grew•[eFp00e'd•pM lnelLLnl>+vl�nreretl 19u ear.<ur.<rwbm.w,nN1..,1,•u•.,exnp.mwn u•m<m,f mRelawu..ansln<r>uwnmxaw rmnp.ememaxeummu.ee.aam[evlxy.Mvrv•maewssrv.em..w na....e. ![146uenallnlercv)Duaie[a4[rN[{wl)el+.evxeorl6e 41lnbrur M.p Npe,¢me,IB,N• Seller Signature Page to Final Notice with Current Information of Obligation to Pay Improvement District Assessment (y) co 00 L0 ce) L6 N O N 'H I RP-2025-358339 # Pages 56 09/09/2025 03:47 PM e-Filed & e-Recorded in the Official Public Records of HARRIS COUNTY TENESHIA HUDSPETH COUNTY CLERK Fees $241.00 RECORDERS MEMORANDUM This instrument was received and recorded electronically and any blackouts, additions or changes were present at the time the instrument was filed and recorded. Any provision herein which restricts the sale, rental, or use of the described real property because of color or race is invalid and unenforceable under federal law. THE STATE OF TEXAS COUNTY OF HARRIS I hereby certify that this instrument was FILED in File Number Sequence on the date and at the time stamped hereon by me; and was duly RECORDED in the Official Public Records of Real Property of Harris County, Texas. a'JIM%;1„6 y" COUNTY CLERK HARRIS COUNTY, TEXAS