HomeMy WebLinkAboutOrdinance 23764-08-2019 Ordinance No.23764-08-2019
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS
IN THE FISCAL YEAR 2019-2020 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 16
— QUAIL VALLEY FUND IN THE AMOUNT OF$472,120.00, FROM AVAILABLE FUNDS,
FOR THE PURPOSE OF FUNDING OPERATING EXPENSES FOR PUBLIC
IMPROVEMENT DISTRICT NO. 16 -QUAIL VALLEY DURING FISCAL YEAR 2019-2020;
PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE
OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH;
AND PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS:
SECTION 1.
That in addition to those amounts allocated to the various City departments for Fiscal Year 2019-2020 in the
Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the Fiscal
Year 2019-2020 Fort Worth Public Improvement District 16—Quail Valley Fund in the amount of$472,120.00,
from available funds, for the purpose of funding operating expenses for Public Improvement District No. 16 -
Quail Valley during Fiscal Year 2019-2020.
SECTION 2.
That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void
for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair
the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall
be and remain in full force and effect.
SECTION 3.
That this ordinance shall be incorporated into the ordinance effecting the budget of the municipal government
of the City of Fort Worth for the ensuing Fiscal Year beginning October 1, 2019, and ending September 30,
2020, and all other ordinances and appropriations amending the same except in those instances where the
provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which
instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.
SECTION 4.
This ordinance shall take effect upon adoption.
APPROVED AS TO FORMA LEGALITY: CITY CRETAfj�(
7� 6
W ac ssistant City Attorney Mary J. Kayser
ADOPTED AND EFFECTIVE:August 20, 2019 FART
moo: •..�o
.�LXAS.
Fort Worth Public
Improvement District No. 16
(Walsh Ranch/ Quail Valley)
Annual Service Plan Update - Fiscal Year 2020
August 13, 2019
For additional information,please contact:
Initial PID Administrator:
MuniCap,Inc.
600 E.John Carpenter Freeway,Suite 333
Irving,TX 75062
469-490-2800 main
866-648-8482 toll free
City of Fort Worth:
Department of Financial Management Services
City of Ft. Worth,Texas
200 Texas Street
Ft.Worth,Texas 76102
817-392-8500(office)
1
FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO. 16
(WALSH RANCH/QUAIL VALLEY)
FORT WORTH,TEXAS
ANNUAL SERVICE PLAN UPDATE—FISCAL YEAR 2020
A. Introduction
The Fort Worth Public Improvement District No. 16 (Walsh Ranch/Quail Valley)
(the "PID") was created pursuant to the PID Act and a resolution of the City Council on
September 27, 2016 to finance certain Authorized Improvements for the benefit of the
property in the PID. In conjunction with the PID creation, the City and the Developer
entered into the Improvement Area#1 Reimbursement Agreement, pursuant to which the
City agreed, subject to the terms and conditions set forth therein, to reimburse the
Developer for a portion of the Actual Costs of those Authorized Improvements for
Improvement Area #1 funded by the Developer for the benefit of the property within
Improvement Area#1 of the PID. The total principal amount of reimbursements payable
to the Developer under the Improvement Area#1 Reimbursement Agreement is$6,350,000
(the "Reimbursement Amount," as defined therein). In addition, the City agreed to pay
interest on the unpaid Reimbursement Amount from time to time at the rates specified in
the Improvement Area #1 Reimbursement Agreement (such interest, together with the
unpaid Reimbursement Amount, are defined collectively in the Improvement Area #1
Reimbursement Agreement as the"Reimbursement Balance").
An initial service and assessment plan (the "Service and Assessment Plan") was
prepared at the direction of the City identifying the Authorized Improvements to be
provided by the PID for Improvement Area #1 (the "Improvement Area #1 Funded
Improvements"), the costs of the Improvement Area #1 Funded Improvements, the
indebtedness to be incurred for the Improvement Area#1 Funded Improvements pursuant
to the Improvement Area#1 Reimbursement Agreement, and the manner of assessing the
property in the PID for the costs of the Authorized Improvements.Pursuant to the Service
and Assessment Plan and the Improvement Area#1 Reimbursement Agreement, the City
has agreed to begin the collection of Assessments upon the completion of the Authorized
Improvements in Improvement Area#1. In addition, the City may, in its discretion and at
the request of the Developer, issue PID Bonds to accelerate and monetize some or all of
the amounts payable under an applicable PID Reimbursement Agreement (including the
Improvement Area#1 Reimbursement Agreement)pursuant to the conditions stipulated in
the Service and Assessment Plan and summarized herein. The City has also reserved the
right to perform the billing and collection activities itself, or have another qualified entity
perform these functions on its behalf.
Pursuant to the PID Act, the Service and Assessment Plan (as updated and/or
amended from time to time) must be reviewed and updated annually for the purpose of
determining the annual budget for the Authorized Improvements. This document is the
annual update of the Service and Assessment Plan for Fiscal Year 2020 (the "Annual
Service Plan Update").
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The City also adopted the assessment roll (the "Assessment Roll") identifying the
assessments on each Parcel of Assessed Property within the.Improvement Area #1 of the
PID, based on the method of assessment identified in the Service and Assessment Plan.
This Annual Service Plan Update also updates the Assessment Rolls for tax year 2019.
Capitalized terms not defined herein shall have the meaning specified in the Service
and Assessment Plan. Capitalized terms not otherwise defined herein or in the Service
Assessment Plan shall have the meanings assigned to them in the Improvement Area #1
Reimbursement Agreement.
B. Update of the Service Plan
Budget for the Authorized Improvements
The original total estimated costs of the Authorized Improvements in Improvement
Area#1 was equal to$29,518,594 as shown in the Service and Assessment Plan.According
to the Developer, the current total estimated costs of the Authorized Improvements in
Improvement Area #1 is equal to $29,145,543, a difference of $373,051 resulting in
reduced costs associated with bonds and mobilization, storm drainage and project
contingency. Updated sources and uses are shown in Table 13-1 below.
Table B-1
Updated Authorized Improvement Costs and Sources and Uses
Costs Reimbursed Costs Funded by
Description Costs(a) by Assessments the Developer
Sources:
PID Reimbursement Agreement_-Improvement Area#1 $6,350,000 $6,350,000 $0
Developer Cash Contribution $22,795,543 $0 $22,795,543
Total Sources $29,145,543 $6,350,000 $22,795,543
Uses:
Authorized Improvements__
Bonds&Mobilization $233,175 $0 $233,175
Earthwork&Erosion Control $3,772,522 $0 $3,772,522
StormDraina_ge__ $2,157,384 $0 _ $2,157,384
Water $2,862,099 $0 $2,862,099
Waste Water $3,249,108 $0 $3,249,108
Paving $5,725,852 $5,712,973 $12,879
Landscaping $3,222,718 $637,027 $2,585,691
Project Contingency $1,857,942 $0 $1,857,942
Engineering.-., $2,976,194 $0 $2,976,194
City Inspection&Fees $1,319,477 $0 $1,319,477
Professional Fees $178,475 $0 $178,475
Construction Fees $1,590,597 $0 $1,590,597
Total Uses $29,145,543 $6,350,000 $22,795,543
(a)The updated costs are provided by the Developer as of July 20,2018.
Pursuant to the Service and Assessment Plan and the Improvement Area #1
Reimbursement Agreement,the City has agreed to begin the billing and collecting process
for the Assessments beginning with the completion of the Authorized Improvements in
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Improvement Area #1. According to the Developer, the Authorized Improvements in
Improvement Area #1 have been constructed and completed in five residential sections
("Section IA", "Section 1B", "Section 1C', "Section 2A", and "Section 2C") and final
plats have been approved and recorded for all 587 residential Lots in Improvement Area
#1. The City has conducted final inspections and accepted the Authorized Improvements
in Section I and Section I on February 2, 2017 and Section I on September 8, 2017.
The City also conducted final inspections and accepted the Authorized Improvements
in Section 2A on October 12, 2017 and Section 2C on August 15, 2018. As a result of
completion of the Authorized Improvements in Improvement Area #1, collection of
the Annual Installments associated with Improvement Area #1 commenced by October
1, 2018, with such Annual Installments being delinquent if not paid on or before the
following January 31 St. The City, at its sole option, may elect to bill and collect the
assessments or may contract with a qualified entity to bill and collect the assessments on
its behalf.
Improvement Area #1 Reimbursement Agreement-Annual Installments
The Assessment imposed on any Parcel may be paid in full at any time. If not
paid in full, the Assessment shall be payable in thirty Annual Installments of
principal and interest beginning on October 1, 2018, of which twenty-nine Annual
Installments currently remain outstanding.
Pursuant to the Service and Assessment Plan and the Improvement Area
#1 Reimbursement Agreement, each Assessment shall bear interest at the applicable
interest rate on the Improvement Area #1 Reimbursement Agreement commencing on
October 1, 2018 once the Improvement Area #1 Funded Improvements are completed.
The applicable interest rate, as specified in the Improvement Area #1 Reimbursement
Agreement, is 6.00 percent for Fiscal Year 2020. Accordingly, the interest rate of
6.00 percent is used to calculate interest on the Assessments. These payments, the
"Annual Installments" of the Assessments, shall be billed by the City (or another party
designated by the City) in 2019 and will be delinquent on February 1, 2020.
Pursuant to the Service and Assessment Plan, this Annual Service Plan Update
shall show the Annual Installment due for Fiscal Year 2020 including the
Assessments and interest thereon to be applied to the payment of the Reimbursement
Balance, and the Administrative Expenses to be collected from each Parcel.
Administrative Expenses shall be allocated to each Parcel pro rata based upon the
amount the Annual Installment on a Parcel bears to the total amount of Annual
Installments in Improvement Area #1 as a whole that are payable at the time of such
allocation. Each Annual Installment shall be reduced by any credits applied under the
Improvement Area #1 Reimbursement Agreement and by any other funds available to
Improvement Area#1 of the PID.
Annual Budget for the Repayment of Indebtedness
Until such time, if any, that PID Bonds are issued (see "PID Bond Updates"
below), the Reimbursement Balance shall be paid directly from the collection of the
Annual Installments. The Annual Installments will include annual Administrative
Expenses which will be used to pay expenses related to the collection of the Annual
Installments and administration of the PID.
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r
Annual Installments to be collected for Fiscal Year 2020
The budget for the Improvement Area#1 Funded Improvements (as defined in the
Service and Assessment Plan) will be paid from the collection of Annual Installments
collected for Fiscal Year 2020 as shown by Table B-2 below.
Table B-2
Budget for Improvement Area#1 Funded Improvements
Fiscal Year 2020
Total
Interest due on outstanding Reimbursement Amount $373.729
Principal of Reimbursement Amount due $52,999
Subtotal amounts due on the Reimbursement Balance (a) $426,728
Annual Administrative Expenses $45,392
Total Uses $472,120
Available Annual Administrative Costs $0
Other fiends available $0
Subtotal funds available $0
Annual Installments $472,120
Total Sources $472,120
(a)The Reimbursement Balance is defined in the Improvement Area#1 Reimbursement
A as the unpaid Reimbursement Amount plus the interest thereon. The outstanding
Re wo*Amount represents the Reimbursement Amount less principal of
Rvlo meet Ate 11vW'�*0w
_U"tYmM
A
As shown in Table B-2 above, the total Annual Installment for Fiscal Year 2020 is
equal to $472,120. The total amount to be applied to the payment of the Reimbursement
Balance pursuant to the Improvement Area #1 Reimbursement Agreement and the
projected Administrative Expenses for Fiscal Year 2020 are shown as $426,728 and
$45,392, respectively.
According to the Service and Assessment Plan, 587 units are planned to be built
within Improvement Area #1 of the PID. The Assessment for Parcels R000104773,
R000104945, R000103984, R000104545, R000104632 and R000104750 was paid in full
as of July 31,2019. Accordingly,the Fiscal Year 2020 Annual Installment will be collected
for the remaining 581 units (587—6= 581) as summarized in Table B-3 on the following
page for each Lot Type.
(reniainder of this page left intentionally blank)
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Table B-3
Calculation of Annual Installments per Lot Type-Improvement Area#1
Fiscal Year 2020
No.of Units Total Total Fiscal Fiscal Year 2020
Lot subject to Outstanding Percentage of Total Special Year 2019 Annual
Type Special Special Annual Installments per
Assessments Assessment(a) Assessment(b) Installments (c} Lot Type(d)
35 Ft 28 $190,R50 3.06% $14,465.70 $516.63
50 Ft 238 S2,016,934 32.38% $152,868.12 S642.30
60 Ft 180 $1.877,165 30.14% $142,281.77 S790.45
70 Ft 95 $1,262,458 20.27% $95,689.35 $1,007.26
Custom 40 $88 L507 14.15% $66.814.78 $1,670.37
Total 581 $6.228.915 100.00% S472,119.72
(a) Total Special Asscssmcnts(_ a, )were ori&u Ilya Mxaled arwi shown in the Service and As;c,.,cgmt
11kkn based on the estimated buildout value for each Lot Type.The Total Outstanding Special Assessments
($6-350,000-$51,409-$69,776—$6,228,815)are updated to reflect the initial Total Assessments of$6,350,000
less Assessments collected as part of the Fiscal Year 2019 Annual installments($51,409)and prepayments
rcccived through July 31,2019($69,776).
(h)Percentage of Total Special Assessment is calculated by dividing the Total Outstanding Special Assessment
for each Lot Type by the aggregate Total Outstanding Special Assessment.The percentages shown are rounded
hat the calculation is made using the full number.
�c)Total Fiscal Year 2020 Annual Installments are calculated for each Lot Type by multiplying(a)the aggregate
AoinauiJ Installment($472,120)by(b)the percentage of Total Special Assessments calculated and shown herein.
ld)The Fiscal Year 2020 Annual Installments per Unit is calculated for each Lot Type by dividing the total 1=iscaI
Year 2020 Annual Instalhnent for each Lot Type by the no.of units for each Lot-fy'7rc.
As shown by Table B-1 and discussed above, the PID has initially incurred
contractual obligation in the total amount of$6,350,000 (i.e., the initial Reimbursement
Amount) pursuant to the Improvement Area #1 Reimbursement Agreement, which,
together with the interest payable thereon,is to be repaid from Assessments.The Developer
will fund the balance of the costs of the Authorized Improvements as shown in Table B-1.
A service plan must cover a period of five years. All of the Authorized
Improvements are expected to be built within a period of five years. The projected Annual
Installments for the Improvement Area #1 Funded Improvements over a period of five
years is shown in Table B-4 on the following page.
(remainder of this page left intentionally blank)
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TttW"-
Iroprovement Area#1
Five Year Service Plan-Ptu i-J Annual Installments
Total Principal,
Year Ending Principal Interest Adnunistrative Prepayment and DelinquencyInterest& Projected Annual
Se tember30, Payments a Expense a Expenses ro) Reserve Administrative PID Installments(c
)
Expenses
2019 $51,409 $381,000 $45,000 $0 $477,409 $477,409
2020 $52,999 $373,729 $45,392 $0 $472,120 $472,120
2021 $11-7,66 $308,791 $46,299 $0 $472,120 $472,120
2022 $121,956 $302,939 $47,225 $0 $472,120 $472,120
2023 $127,109 $296,841 $48,170 $0 $472,120 $472,120
2024 $132,501 $290,486 $49,133 $0 $472,120 $472,120
2025 $138,143 $283,861 $50,116 $0 $472,120 $472,120
Total $741,147 $1,953,787 $281,219 $0 $2,838,010 $2,838,010
The projected Annual Installments are the expenditures associated with the fonrotion of the PID,principal and interest expense
awooivW with the payment of the Reimbursearnt Balance under the In provement Area#1 Reiribursement Agreement,and the
of the PID.(a)The principal and interest armunts associated with the Reimbursement Anmunt pursuant to the
hrpworek Area#I Reimbursement Agreement are estirnated are based on a 30 year tenor for the PID,a 6.00%interest rate for the
joW two years,a 5.00%interest rate for the remaining 28 years and a PID Bond issuance in year 3.(b)Administrative Expenses
*are estimates and will be updated each year in the Annual Service Plan Updates.(c)Projected Annual PID Installments for
*MAyear 2020 and future fiscal years have been updated due to the$69,776 in Assessment prepayments receivedthrough July 31,
2019,
PID Bond Updates
Pursuant to the Service and Assessment Plan, the City may, in its discretion and at
the request of the Developer, issue PID Bonds to accelerate and monetize some or all of
the amounts payable under an applicable PID Reimbursemcnt Agreement; provided,
however,that(a)PID Bonds shall have a maturity of no more than twenty(20)years from
the date of their initial issuance, and (b) the issuance of PID Bonds for a Future
Improvement Area shall be conditioned on full compliance with all of the following: (i)
the Developer has filed a written notice of its request that the City issue PID Bonds for that
Future Improvement Area prior to the date on which an assessment ordinance for that
Future Improvement Area is first adopted; (ii)the Developer has completed all Authorized
Improvements required to file final plats for the entirety of that Future Improvement Area;
(iii) final plats for the entire subsequent Future Improvement Area are approved filed with
and approved, if necessary, by the City, (iv) the filing of such final plats is made within
five (5) years from the date on which Assessments are initially collected in the Future
Improvement Area for which PID Bonds are to be issued; and(v) the Developer is in full
compliance with the terms of all of its Continuing Disclosure Agreements entered into with
respect to any outstanding PID Bonds.
Table B-5 on the following page shows the updated estimated sources and uses of
funds assuming the completion of the planned future issuance of PID Bonds for
Improvement Area #1 as updated with the latest cost information provided by the
Developer.
(remainder of this page left intentionally blank)
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Table B-5
Gi red Sources and List
Description Improvement Area#1
Sources of Funds
Bond par amount $5,015,000
Remainder balance-Reimbursement Agreement $1,335,000
Total Bonds and Reimbursement Agreement $6,350,000
Developer Cash Contribution&Reimbursement Agreement-Authorized Improvements(a) $21,932,971
Total Sources $28,282,971
Uses of Funds:
Bonds&Mobilization $233,175
Earthwork&Erosion Control $3,772,522
Storm Drainage $2,157,384
Water $2,862,099
Waste Water $3,249,108
Paving $5,725,852
Landscaping $3,222,718
Project Contingency $1,857,942
Engineering $2,976,194
City Inspection&Fees $1,319,477
Subtotal $27,376,471
Estimated bond issuance costs(b)
capitalized interest(b) $0
Reserve fund(b) $405,000
PID establishment/operation and other costs of issuance(b) $351,050
Underwriter's discount(Underwriter's counsel(b) $150,450
Subtotal $906,500
Total Uses $28,282,971
�1 The updated costs are provided by the Developer as of July 20,2018.
f li I Estimated bond issuance costs include capitalized interest,if any,reserve fund,and other issuance costs including PID
mdONEWL and underwriter's discount and will be nQdrtv1 at the time of the nlTlirilkk PID bond issuance.
The list of parcels within Improvement Area#1 of the PID, the number of units to
be developed on the current residential parcels, the outstanding Assessment, the principal
and interest due (the "Annual Assessment"), the projected Administrative Expenses due,
and the Annual Installment to be collected for Fiscal Year 2020 are shown in the
Assessment Roll summary attached hereto as Appendix A-1.
C. Update of the Assessment Plan
The Service and Assessment Plan adopted by the City Council provided that the
cost of Authorized Improvement shall be allocated to the Improvement Area#1 Assessed
Property based on the ratio of estimated buildout value anticipated to be built on each
Parcel once such property is fully developed,and that such method of allocation will result
in the imposition of equal shares of the costs of the Authorized Improvement to Parcels
similarly benefited.
This method of assessing property has not been changed and Improvement Area#1
Assessed Property will continue to be assessed as provided for in the Service and
Assessment Plan.
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D. Update of the Assessment Roll
Pursuant to the original Service and Assessment Plan, the Assessment Roll shall
be updated each year to reflect:
(i) the identification of each Parcel; (ii) the Assessment for each Parcel, including
any adjustments authorized by this Service and Assessment Plan or in the Act; (iii)
the Annual Installment for the Parcel for the year (if the Assessment is payable in
installments); and (iv) payments of the Assessment, if any, as provided by the
Service and Assessment Plan.
A summary of the Assessment Roll are shown in Appendix A-1. Each parcel in
Improvement Area #1 of the PID is identified, along with the Assessment on each Parcel
and the Annual Installment to be collected from each parcel. Assessments are to be
reallocated for the subdivision of any parcels.
Parcel Updates
According to the Service and Assessment Plan,upon the subdivision of any Parcel,
the Administrator shall reallocate the Assessment for the Parcel prior to the subdivision
among the new subdivided Parcels according to the formula shown in the Service and
Assessment Plan.
According to the Developer and Parker County Appraisal District, Parcel
R000103649 was subdivided to forty lots during 2018. The Assessment amount for each
of the forty newly subdivided Parcels was reallocated and reflected in the Fiscal Year 2019
Assessment Roll summary.
Parcel R000104735 was originally shown as a 50 Foot Lot Type in the original
Assessment Roll. Further research to the Parcel details revealed that Parcel R000104735
was an open space and the actual Parcel that should have been included in the Assessment
Roll was Parcel R000105398. As a result, such Parcel has been reflected in the current
updated Assessment Roll summary included herein as Appendix A-L In addition, Parcel
block and Lot designations for the first twenty-six Parcels shown in the Assessment Roll
Summary included herein as Appendix A-] (Parcel R000104735 through Parcel
R000104787)have been updated to reflect the correct block and Lot designations.
Prepayment of Assessments
As of July 31, 2019,Parcel R000104773,Parcel R000104945,Parcel R000103984,
Parcel R000104545, Parcel R000104632, and Parcel R000104750 have prepaid their
Assessment in full.
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Appendix A-1
Improvement Area#1
Assessment Roll Summary—Fiscal Year 2020
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley- Improvement Area#1
Assessment Roll Summary-Fiscal Year 2020
Fiscal Year 2020
Parcel ID Block Lot Lot Size Outstanding Annual Administrative Annual
Assessment Assessment Expense
Installment
R000104735 S I R-1 n/a $0 $0.00 $0.00 $0.00
R000105381 S 1R-2 50 $8,474 $580.55 $61.75 $642.30
R000105384 S 1R-3 50 $8,474 $580.55 $61.75 $642.30
R000105385 S 1R-4 50 $8,474 $580.55 $61.75 $642.30
R000105386 S 1 R-5 50 $8,474 $580.55 $61.75 $642.30
R000105388 S 1R-6 50 $8,474 $580.55 $61.75 $642.30
R000105389 S 1R-7 50 $8,474 $580.55 $61.75 $642.30
R000105390 S 1R-8 50 $8,474 $580.55 $61.75 $642.30
R000105391 S 1R-9 50 $8,474 $580.55 $61.75 $642.30
R000105392 S 1R-10 50 $8,474 $580.55 $61.75 $642.30
R000105393 S 1R-11 50 $8,474 $580.55 $61.75 $642.30
R000105394 S 1R-12 50 $8,474 $580.55 $61.75 $642.30
R000105395 S 1R-13 50 $8,474 $580.55 $61.75 $642.30
R000105396 S 1R-14 70 $13,289 $910.41 $96.84 $1,007.26
R000105397 S 1R-15 70 $13,289 $910.41 $96.84 $1,007.26
R000105398 S 1 R-16 50 $8,474 $580.55 $61.75 $642.30
R000105372 H 5R-2 50 $8,474 $580.55 $61.75 $642.30
R000105373 H 5R-3 50 $8,474 $580.55 $61.75 $642.30
R000105374 H 5R-4 50 $8,474 $580.55 $61.75 $642.30
R000105375 H 5R-5 50 $8,474 $580.55 $61.75 $642.30
R000105376 H 5R-6 50 $8,474 $580.55 $61.75 $642.30
R000105377 H 5R-7 50 $8,474 $580.55 $61.75 $642.30
R000105378 H 5R-8 50 $8,474 $580.55 $61.75 $642.30
R000105379 H 5R-9 50 $8,474 $580.55 $61.75 $642.30
R000104591 H 5R-1 60 $10,429 $714.46 $76.00 $790.45
R000104787 V 7R-1 70 $13,289 $910.41 $96.84 $1,007.26
R000104476 A 2 35 $6,816 $466.96 $49.67 $516.63
R000104477 A 3 35 $6,816 $466.96 $49.67 $516.63
R000104478 A 4 35 $6,816 $466.96 $49.67 $516.63
R000104479 A 5 35 $6,816 $466.96 $49.67 $516.63
R000104480 A 6 35 $6,816 $466.96 $49.67 $516.63
R000 1 0448 1 A 7 1 35 $6,816 $466.96 $49.67 $516.63
R000105826 A 1 50 $8,474 $580.55 $61.75 $642.30
R000104482 A 8 50 $8,474 $580.55 $61.75 $642.30
R000104483 A 9 50 $8,474 $580.55 $61.75 $642.30
R000104484 A 10 50 $8,474 $580.55 $61.75 $642.30
R000104485 A 11 50 $8,474 $580.55 $61.75 $642.30
R000104486 A 12 50 $8,474 $580.55 $61.75 $642.30
R000104487 A 13 50 $8,474 $580.55 $61.75 $642.30
R000104488 A 14 50 $8,474 $580.55 $61.75 $642.30
R000104489 A 15 50 $8,474 $580.55 $61.75 $642.30
R000104490 A 16 50 $8,474 $580.55 $61.75 $642.30
R000104491 A 17 50 $8,474 $580.55 $61.75 $642.30
R000104492 A 18 50 $8,474 $580.55 $61.75 $642.30
R000104500 A 26 50 1 $8,474 $580.55 $61.75 $642.30
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(A-1) 1 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary- Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Annual
Assessment Assessment Expense
Installment
R000104501 A 27 50 $8,474 $580.55 $61.75 $642.30
R000104502 A 28 50 $8,474 $580.55 $61.75 $642.30
R000104503 A 29 50 $8,474 $580.55 $61.75 $642.30
R000104504 A 30 50 $8,474 $580.55 $61.75 $642.30
R000104505 A 31 50 $8,474 $580.55 $61.75 $642.30
R000104506 A 32 50 $8,474 $580.55 $61.75 $642.30
R000104507 A 33 50 $8,474 $580.55 $61.75 $642.30
R000104494 A 20 60 $10,429 $714.46 $76.00 $790.45
R000104495 A 21 60 $10,429 $714.46 $76.00 $790.45
R000104496 A 22 60 $10,429 $714.46 $76.00 $790.45
R000104497 A 23 60 $10,429 $714.46 $76.00 $790.45
R000104498 A 24 60 $10,429 $714.46 $76.00 $790.45
R000104499 A 25 60 $10,429 $714.46 $76.00 $790.45
R000104867 AA 2 50 $8,474 $580.55 $61.75 $642.30
R000104868 AA 3 50 $8,474 $580.55 $61.75 $642.30
R000104870 AA 5 50 $8,474 $580.55 $61.75 $642.30
R000104853 AA 6 50 $8,474 $580.55 $61.75 $642.30
R000104972 AA 7 50 $9,474 $580.55 $61.75 $642.30
R000104873 AA 8 50 $8,474 $580.55 $61.75 $642.30
R000104866 AA 1 60 $10,429 $714.46 $76.00 $790.45
R000104869 AA 4 60 $10,429 $714.46 $76.00 $790.45
R000103989 AB 1 50 $8,474 $580.55 $61.75 $642.30
R000103990 AB 2 50 $8,474 $580.55 $61.75 $642.30
R000103991 AB 3 50 $8,474 $580.55 $61.75 $642.30
R000103992 AB 4 50 $8,474 $580.55 $61.75 $642.30
R000103993 AB 5 50 $8,474 $580.55 $61.75 $642.30
R000104877 AB 10 50 $8,474 $580.55 $61.75 $642.30
R000104878 AB 11 50 $8,474 $580.55 $61.75 $642.30
R000104879 AB 12 50 $8,474 $580.55 $61.75 $642.30
R000104883 AB 16 50 $8,474 $580.55 $61.75 $642.30
R000104880 AB 13 60 $10,429 $714.46 $76.00 $790.45
R000104881 AB 14 60 $10,429 $714.46 $76.00 $790.45
R000103994 AB 6 60 $10,429 $714.46 $76.00 $790.45
R000104874 AB 7 60 $10,429 $714.46 $76.00 $790.45
R000104875 AB 8 60 $10,429 $714.46 $76.00 $790.45
R000104876 AB 9 60 $10,429 $714.46 $76.00 $790.45
R000104882 AB 15 60 $10,429 $714.46 $76.00 $790.45
R000104884 AC 1 50 $8,474 $580.55 $61.75 $642.30
R000104885 AC 2 50 $8,474 $580.55 $61.75 $642.30
R000104886 AC 3 50 $8,474 $580.55 $61.75 $642.30
R000104890 AC 7 50 $8,474 $580.55 $61.75 $642.30
R000104891 AC 8 50 $8,474 $580.55 $61.75 $642.30
R000104892 AC 9 50 $8,474 $580.55 $61.75 $642.30
R000104893 AC 10 50 $8,474 1 $580.55 $61.75 $642.30
R000104894 AC 11 50 $8,474 $580.55 $61.75 $642.30
--]
(A-1)2 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary-Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Annual
Assessment Assessment Expense
Installment
R000104887 AC 4 60 $10,429 $714.46 $76.00 $790.45
R000104888 AC 5 60 $10,429 $714.46 $76.00 $790.45
R000104889 AC 6 60 $10,429 $714.46 $76.00 $790.45
R000104895 AC 12 60 $10,429 $714.46 $76.00 $790.45
R000104896 AC 13 60 $10,429 $714.46 $76.00 $790.45
R000104897 AD 1 50 $8,474 $580.55 $61.75 $642.30
R000104898 AD 2 50 $8,474 $580.55 $61.75 $642.30
R000104899 AD 3 50 $8,474 $580.55 $61.75 $642.30
R000104900 AD 4 50 $8,474 $580.55 $61.75 $642.30
R000104901 AD 5 50 $8,474 $580.55 $61.75 $642.30
R000104902 AD 6 50 $8,474 $580.55 $61.75 $642.30
R000104903 AD 7 50 $8,474 $580.55 $61.75 $642.30
R000104904 AD 8 50 $8,474 $580.55 $61.75 $642.30
R000104906 AF 1 50 $8,474 $580.55 $61.75 $642.30
R000104907 AF 2 50 $8,474 $580.55 $61.75 $642.30
R000104908 AF 3 50 $8,474 $580.55 $61.75 $642.30
R000104909 AF 4 50 $8,474 $580.55 $61.75 $642.30
R000104910 AF 5 50 $8,474 $580.55 $61.75 $642.30
R000 1 049 1 1 AF 6 50 $8,474 $580.55 $61.75 $642.30
R000104913 AF 8 50 $8,474 $580.55 $61.75 $642.30
R000104912 AF 7 60 $10,429 $714.46 $76.00 $790.45
R000104914 AG 1 50 $8,474 $580.55 $61.75 $642.30
R000 1 049 1 5 AG 2 50 $8,474 $580.55 $61.75 $642.30
R000104916 AG 3 50 $8,474 $580.55 $61.75 $642.30
R000 1 049 1 8 AG 5 50 $8,474 $580.55 $61.75 $642.30
R000104919 AG 6 50 $8,474 $580.55 $61.75 $642.30
R000104920 AG 7 50 $8,474 $580.55 $61.75 $642.30
R000104921 AG 8 50 $8,474 $580.55 $61.75 $642.30
R000104922 AG 9 50 $8,474 $580.55 $61.75 $642.30
R000104923 AG 10 60 $10,429 $714.46 $76.00 $790.45
R000104924 AG 11 70 $13,289 $910.41 $96.84 $1,007.26
R000104925 AG 12 70 $13,289 $910.41 $96.84 $1,007.26
R000 1 0493 1 AH 6 50 $8,474 $580.55 $61.75 $642.30
R000104932 AH 7 50 $8,474 $580.55 $61.75 $642.30
R000104933 JAH
8 50 $8,474 $580.55 $61.75 $642.30
R000104934 9 50 $8,474 $580.55 $61.75 $642.30
R000 1 0493 7 12 50 $8,474 $580.55 $61.75 $642.30
R000104938 13 50 $8,474 $580.55 $61.75 $642.30
R000104939 14 50 $8,474 $580.55 $61.75 $642.30
R000104943 18 50 $8,474 $580.55 $61.75 $642.30
R000104944 19 50 $8,474 $580.55 $61.75 $642.30
R000104945 20 50 PREPAID PREPAID PREPAID PREPAID
R000104947 AH 21 50 $8,474 $580.55 $61.75 $642.30
R000104948 AH 22 50 $8,474 $580.55 $61.75 $642.30
R000104949 AH 23 50 $8,474 $580.55 $61.75 1 $642.30
(A-1)3 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary-Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Assessment Assessment Expense Annual
Installment
R000104950 AH 24 50 $8,474 $580.55 $61.75 $642.30
R000104940 AH 1 15 60 $10,429 $714.46 $76.00 $790.45
R000104942 AH 17 60 $10,429 $714.46 $76.00 $790.45
R000104926 AH 1 60 $10,429 $714.46 $76.00 $790.45
R000104927 AH 2 60 $10,429 $714.46 $76.00 $790.45
R000104928 AH 3 1 60 $10,429 $714.46 $76.00 $790.45
R000104929 AH 4 60 $10,429 $714.46 $76.00 $790.45
R000104930 AH 5 60 $10,429 $714.46 $76.00 $790.45
R000104935 AH 10 60 $10,429 $714.46 $76.00 $790.45
R000104936 AH 11 60 $10,429 $714.46 $76.00 $790.45
R000 1 0495 1 AH 25 60 $10,429 $714.46 $76.00 $790.45
R000104952 AH 26 60 $10,429 $714.46 $76.00 $790.45
R000104954 AH 28 60 $10,429 $714.46 $76.00 $790.45
R000104955 AH 29 60 $10,429 $714.46 $76.00 $790.45
R000104956 AH 30 60 $10,429 $714.46 $76.00 $790.45
R000104957 AH 31 60 $10,429 $714.46 $76.00 $790.45
R000104958 AH 32 60 $10,429 $714.46 $76.00 $790.45
R000104959 AH 33 60 $10,429 $714.46 $76.00 $790.45
R000104953 AH 27 70 $13,289 $910.41 $96.84 $1,007.26
R000104960 AJ 1 60 $10,429 $714.46 $76.00 $790.45
R000104961 AJ 2 60 $10,429 $714.46 $76.00 $790.45
R000104962 AJ 3 60 $10,429 $714.46 $76.00 $790.45
R000104963 AJ 4 60 $10,429 $714.46 $76.00 $790.45
R000104964 AJ 5 60 $10,429 $714.46 $76.00 $790.45
R000104965 AJ 6 60 $10,429 $714.46 $76.00 $790.45
R000104986 AJ 22 60 $105429 $714.46 $76.00 $790.45
R000104987 AJ 23 60 $10,429 $714.46 $76.00 $790.45
R000104988 AJ 24 60 $10,429 $714.46 $76.00 $790.45
R000104966 AJ 7 70 $13,289 $910.41 $96.84 $1,007.26
R000104968 AJ 9 70 $13,289 $910.41 $96.84 $1,007.26
R000104969 AJ 10 70 $13,289 $910.41 $96.84 $1,007.26
R000104970 AJ 11 70 $13,289 $910.41 $96.84 $1,007.26
R000104971 AJ 12 70 $13,289 $910.41 $96.84 $1,007.26
R000104972 AJ 13 70 $135289 $910.41 $96.84 $1,007.26
R000104973 AJ 14 70 $135289 $910.41 $96.84 $1,007.26
R000104974 AJ 15 70 $13,289 $910.41 $96.84 $1,007.26
R000104980 AJ 16 70 $13,289 $910.41 $96.84 $1,007.26
R000104981 AJ 17 70 $13,289 $910.41 $96.84 $1,007.26
R000104982 AJ 18 70 $13,289 $910.41 $96.84 $1,007.26
R000104983 AJ 19 70 $13,289 $910.41 $96.84 $1,007.26
R000104984 AJ 20 70 $13,289 $910.41 $96.84 $1,007.26
R000104985 AJ 21 70 $13,289 $910.41 $96.84 $1,007.26
R000104989 AJ 25 70 $13,289 $910.41 $96.84 $1,007.26
R000104990 AJ 1 26 1 70 $13,289 $910.41 $96.84 $1,007.26
R000104991 AJ 27 70 1 $135289 $910.41 $96.84 $1,007.26
(A-1)4 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary-Fiscal Year 2020 dk k
Fiscal Year 2020
Parcel ID Block Lot Lot Size Outstanding Annual Administrative Annual
Assessment Assessment Expense
Installment
R000104992 AJ 28 70 $13,289 $910.41 $96.84 $1,007.26
R000104508 B 1 50 $8,474 $580.55 $61.75 $642.30
R000104509 B 2 50 $8,474 $580.55 $61.75 $642.30
R000104510 B 3 50 $8,474 $580.55 $61.75 $642.30
R000 1 045 1 1 B 4 50 $8,474 $580.55 $61.75 $642.30
R000 1 045 1 2 B 5 50 $8,474 $580.55 $61.75 $642.30
R000 1 045 1 3 B 6 50 $8,474 $580.55 $61.75 $642.30
R000104514 B 7 50 $8,474 $580.55 $61.75 $642.30
R000 1 045 1 5 B 8 50 $8,474 $580.55 $61.75 $642.30
R000 1 045 1 6 B 9 50 $8,474 $580.55 $61.75 $642.30
R000 1 045 1 7 B 10 50 $8,474 $580.55 $61.75 $642.30
R000104518 B 11 50 $8,474 $580.55 $61.75 $642.30
R000104519 B 12 50 $8,474 $580.55 $61.75 $642.30
R000104520 B 13 50 $8,474 $580.55 $61.75 $642.30
R000104521 B 14 50 $8,474 $580.55 $61.75 $642.30
R000104522 B 15 50 $8,474 $580.55 $61.75 $642.30
R000104523 B 16 50 $8,474 $580.55 $61.75 $642.30
R000104524 C 1 50 $8,474 $580.55 $61.75 $642.30
R000104525 C 2 50 $8,474 $580.55 $61.75 $642.30
R000104526 C 3 50 $8,474 $580.55 $61.75 $642.30
R000104527 C 4 50 $8,474 $580.55 $61.75 $642.30
R000104528 C 5 50 $8,474 $580.55 $61.75 $642.30
R000104529 C 6 50 $8,474 $580.55 $61.75 $642.30
R000104530 C 7 50 $8,474 $580.55 $61.75 $642.30
R000 1 0453 1 C 8 50 $8,474 $580.55 $61.75 $642.30
R000 1 045 3 2 C 9 50 $8,474 $580.55 $61.75 $642.30
R000104533 C 10 50 $8,474 $580.55 $61.75 $642.30
R000104534 C 11 50 $8,474 $580.55 $61.75 $642.30
R000104535 C 12 50 $8,474 $580.55 $61.75 $642.30
R000104536 C 13 50 $8,474 $580.55 $61.75 $642.30
R000104537 C 14 50 $8,474 $580.55 $61.75 $642.30
R000104538 C 15 50 $8,474 $580.55 $61.75 $642.30
R000104539 C 16 50 $8,474 $580.55 $61.75 $642.30
R000104540 D 1 60 $10,429 $714.46 $76.00 $790.45
R000104541 D 2 60 $10,429 $714.46 $76.00 $790.45
R000104542 D 3 60 $10,429 $714.46 $76.00 $790.45
R000104543 D 4 60 $10,429 $714.46 $76.00 $790.45
R000104544 D 5 60 $10,429 $714.46 $76.00 $790.45
R000104545 D 6 60 PREPAID PREPAID PREPAID PREPAID
R000104546 D 7 60 $10,429 $714.46 $76.00 $790.45
R000104547 D 8 60 $10,429 $714.46 $76.00 $790.45
R000104548 D 9 60 $10,429 $714.46 $76.00 $790.45
R000104549 D 10 60 $10,429 $714.46 $76.00 $790.45
R000104550 E 1 50 $8,474 $580.55 $61.75 $642.30
R000 1 045 5 1 E 2 50 $9,474 $580.55 $61.75 $642.30
(A-1)5 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary-Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Assessment Assessment Expense Annual
Installment
R000104552 E 3 50 $8,474 $580.55 $61.75 $642.30
R000104553 E 4 50 $8,474 $580.55 $61.75 $642.30
R000104555 E 6 60 $10,429 $714.46 $76.00 $790.45
R000104556 E 7 60 $10,429 $714.46 $76.00 $790.45
R000104554 E 5 60 $10,429 $714.46 $76.00 $790.45
R000104562 F 9 35 $6,816 $466.96 $49.67 $516.63
R000104563 F 10 35 $6,816 $466.96 $49.67 $516.63
R000104564 F 11 35 $6,816 $466.96 $49.67 $516.63
R000104565 F 12 35 $6,816 $466.96 $49.67 $516.63
R000104566 F 13 35 $6,816 $466.96 $49.67 $516.63
R000104567 F 14 35 $6,816 $466.96 $49.67 $516.63
R000103953 F 1 50 $8,474 $580.55 $61.75 $642.30
R000103954 F 2 50 $8,474 $580.55 $61.75 $642.30
R000104558 F 5 50 $8,474 $580.55 $61.75 $642.30
R000104559 F 6 50 $8,474 $580.55 $61.75 $642.30
R000104560 F 7 50 $8,474 $580.55 $61.75 $642.30
R000104561 F 8 50 $8,474 $580.55 $61.75 $642.30
R000103955 F 3 70 $13,289 $910.41 $96.84 $1,007.26
R000103956 F 4 70 $13,289 $910.41 $96.84 $1,007.26
R000104574 G 8 50 $8,474 $580.55 $61.75 $642.30
R000104575 G 9 50 $8,474 $580.55 $61.75 $642.30
R000104576 G 10 50 $8,474 $580.55 $61.75 $642.30
R000104577 G 11 50 $8,474 $580.55 $61.75 $642.30
R000104578 G 12 50 $8,474 $580.55 $61.75 $642.30
R000104579 G 13 50 $8,474 $580.55 $61.75 $642.30
R000104580 G 14 50 $8,474 $580.55 $61.75 $642.30
R000104582 G 16 50 $8,474 $580.55 $61.75 $642.30
R000104583 G 17 50 $8,474 $580.55 $61.75 $642.30
R000104584 G 18 50 $8,474 $580.55 $61.75 $642.30
R000104585 G 19 50 $8,474 $580.55 $61.75 $642.30
R000103952 G 1 60 $10,429 $714.46 $76.00 $790.45
R000104568 G 2 60 $10,429 $714.46 $76.00 $790.45
R000104569 G 3 60 $10,429 $714.46 $76.00 $790.45
R000104570 G 4 60 $10,429 $714.46 $76.00 $790.45
R000104571 G 5 60 $10,429 $714.46 $76.00 $790.45
R000104572 G 6 60 $10,429 $714.46 $76.00 $790.45
R000104573 G 7 60 $10,429 $714.46 $76.00 $790.45
R000104586 G 20 60 $10,429 $714.46 $76.00 $790.45
R000104620 H 34 50 $8,474 $580.55 $61.75 $642.30
R000104621 H 35 50 $8,474 $580.55 $61.75 $642.30
R000104622 H 36 50 $8,474 $580.55 $61.75 $642.30
R000104623 H 37 50 $8,474 $580.55 $61.75 $642.30
R000104624 H 38 50 $8,474 $580.55 $61.75 $642.30
R000104625 H 1 39 50 $8,474 $580.55 $61.75 $642.30
R000104626 H 40 50 $8,474 $580.55 $61.75 $642.30
(A-1)6 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary- Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Annual
Assessment Assessment Expense
Installment
R000104587 H 1 60 $10,429 $714.46 $76.00 $790.45
R000104588 H 2 60 $10,429 $714.46 $76.00 $790.45
R000104589 H 3 60 $10,429 $714.46 $76.00 $790.45
R000104590 H 4 60 $10,429 $714.46 $76.00 $790.45
R000104592 H 6 60 $10,429 $714.46 $76.00 $790.45
R000104593 H 7 60 $10,429 $714.46 $75.00 $790.45
R000104602 H 16 60 $10,429 $714.46 $76.00 $790.45
R000104603 H 17 60 $10,429 $714.46 $76.00 $790.45
R000104604 H 18 60 $10,429 $714.46 $76.00 $790.45
R000104605 H 19 60 $10,429 $714.46 $76.00 $790.45
R000104606 H 20 60 $10,429 $714.46 $76.00 $790.45
R000104607 H 21 60 $10,429 $714.46 $76.00 $790.45
R000104608 H 22 60 $10,429 $714.46 $76.00 $790.45
R000104609 H 23 60 $10,429 $714.46 $76.00 $790.45
R000104610 H 24 60 $10,429 $714.46 $76.00 $790.45
R000 1 046 1 1 H 25 60 $10,429 $714.46 $76.00 $790.45
R000104612 H 26 60 $10,429 $714.46 $76.00 $790.45
R000104613 H 27 60 $10,429 $714.46 $76.00 $790.45
R000104614 H 28 60 $10,429 $714.46 $76.00 $790.45
R000104615 H 29 60 $10,429 $714.46 $76.00 $790.45
R000104616 H 30 60 $10,429 $714.46 $76.00 $790.45
R000104617 H 31 60 $10,429 $714.46 $76.00 $790.45
R000104618 H 32 60 $10,429 $714.46 $76.00 $790.45
R000104619 H 33 60 $10,429 $714.46 $76.00 $790.45
R000104594 H 8 70 $13,289 $910.41 $96.84 $1,007.26
R000104595 H 9 70 $13,289 $910.41 $96.84 $1,007.26
R000104596 H 10 70 $13,289 $910.41 $96.84 $1,007.26
R000104597 H 11 70 $13,289 $910.41 $96.84 $1,007.26
R000104598 H 12 70 $13,289 $910.41 $96.84 $1,007.26
R000 1 045 99 H 13 70 $13,289 $910.41 $96.84 $1,007.26
R000104600 H 14 70 $13,289 $910.41 $96.84 $1,007.26
R000104601 H 15 70 $13,289 $910.41 $96.84 $1,007.26
R000104651 J 16 50 $8,474 $580.55 $61.75 $642.30
R000104652 J 17 50 $8,474 $580.55 $61.75 $642.30
R000104653 J 18 50 $8,474 $580.55 $61.75 $642.30
R000104654 J 19 50 $8,474 $580.55 $61.75 $642.30
R000104627 J 1 60 $10,429 $714.46 $76.00 $790.45
R000104628 J 2 60 $10,429 $714.46 576.00 $790.45
R000104629 J 3 60 $10,429 $714.46 $76.00 $790.45
R000104630 J 4 60 $10,429 $714.46 $76.00 $790.45
R000104634 J 8 60 $10,429 $714.46 $76.00 $790.45
R000104635 J 9 60 $10,429 $714.46 $76.00 $790.45
R000104636 J 1 10 60 $10,429 $714.46 $76.00 $790.45
R000104637 J 11 60 $10,429 $714.46 $76.00 $790.45
R000104638 J 12 60 $10,429 $714.46 $76.00 $790.45
(A-1)7 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary- Fiscal Year 2020 n
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Annual
Assessment Assessment Expense
Installment
R000104639 J 13 60 $10,429 $714.46 $76.00 $790.45
R000104650 J 15 60 $10,429 $714.46 $76.00 $790.45
R000104655 J 20 60 $10,429 $714.46 $76.00 $790.45
R000104656 J 21 60 $10,429 $714.46 $76.00 $790.45
R000 1 0463 1 J 5 70 $13,289 $910.41 $96.84 $1,007.26
R000104632 J 6 70 PREPAID PREPAID PREPAID PREPAID
R000104657 J 22 70 $13,289 $910.41 $96.84 $1,007.26
R000104658 J 23 70 $13,289 $910.41 $96.84 $1,007.26
R000104660 K 1 60 $10,429 $714.46 $76.00 $790.45
R000104670 K 11 60 $10,429 $714.46 $76.00 $790.45
R000 1 0467 1 K 12 60 $10,429 $714.46 $76.00 $790.45
R000104672 K 13 60 $10,429 $714.46 $76.00 $790.45
R000104673 K 14 60 $10,429 $714.46 $76.00 $790.45
R000104661 K 2 70 $13,289 $910.41 $96.84 $1,007.26
R000104662 K 3 70 $13,289 $910.41 $96.84 $1,007.26
R000104663 K 4 70 $13,289 $910.41 $96.84 $1,007.26
R000104665 K 6 70 $13,289 $910.41 $96.84 $1,007.26
R000104666 K 7 70 $13,289 $910.41 $96.84 $1,007.26
R000104667 K 8 70 $13,289 $910.41 $96.84 $1,007.26
R000104668 K 9 70 $13,289 $910.41 $96.84 $1,007.26
R000104669 K 10 70 $13,289 $910.41 $96.84 $1,007.26
R000104678 L 5 35 $6,816 $466.96 $49.67 $516.63
R000104679 L 6 35 $6,816 $466.96 $49.67 $516.63
R000104680 L 7 35 $6,816 $466.96 $49.67 $516.63
R000104681 L 8 35 $6,816 $466.96 $49.67 $516.63
R000104682 L 9 35 $6,816 $466.96 $49.67 $516.63
R000104683 L 10 35 $6,816 $466.96 $49.67 $516.63
R000104684 L 11 35 $6,816 $466.96 $49.67 $516.63
R000104685 L 12 35 $6,816 $466.96 $49.67 $516.63
R000104686 L 13 35 $6,816 $466.96 $49.67 $516.63
R000104687 L 14 35 $6,816 $466.96 $49.67 $516.63
R000104689 L 16 35 $6,816 $466.96 $49.67 $516.63
R000104690 L 17 35 $6,816 $466.96 $49.67 $516.63
R000104691 L 18 35 $6,816 $466.96 $49.67 $516.63
R000104692 L 19 35 $6,816 $466.96 $49.67 $516.63
R000104693 L 20 35 $6,816 $466.96 $49.67 $516.63
R000104694 L 21 35 $6,816 $466.96 $49.67 $516.63
R000104674 L 1 60 $10,429 $714.46 $76.00 $790.45
R000104675 L 2 60 $10,429 $714.46 $76.00 $790.45
R000104676 L 3 60 $10,429 $714.46 $76.00 $790.45
R000104677 L 4 60 $10,429 $714.46 $76.00 $790.45
R000104696 L 23 60 $10,429 $714.46 $76.00 $790.45
R000104697 L 24 60 $10,429 $714.46 1 $76.00 $790.45
R000104698 L 25 60 $10,429 $714.46 $76.00 $790.45
R000104699 L 26 60 $10,429 $714.46 $76.00 $790.45
(A-1)8 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#I
Assessment Roll Summary-Fiscal Year 2020 .
Fiscal Year 2020
Parcel ID Block Lot Lot Size Outstanding Annual Administrative Annual
Assessment Assessment Expense
Installment
R000104700 L 27 60 $10,429 $714.46 $76.00 $790.45
R000 1 0470 1 L 28 60 $10,429 $714.46 $76.00 $790.45
R000104702 L 29 60 $10,429 $714.46 $76.00 $790.45
R000104703 L 30 60 $10,429 $714.46 $76.00 $790.45
R000104704 L 31 60 $10,429 $714.46 $76.00 $790.45
R000104705 L 32 60 $10,429 $714.46 $76.00 $790.45
R000104706 L 33 60 $10,429 $714.46 $76.00 $790.45
R000104707 L 34 60 $10,429 $714.46 $76.00 $790.45
R000104709 M 9 50 $8,474 $580.55 $61.75 $642.30
R000104710 M 10 50 $8,474 $580.55 $61.75 $642.30
R000103961 M 5 60 $10,429 $714.46 $76.00 $790.45
R000103962 M 6 60 $10,429 $714.46 $76.00 $790.45
R000103958 M 2 60 $10,429 $714.46 $76.00 $790.45
R000103959 M 3 60 $10,429 $714.46 $76.00 $790.45
R000103960 M 4 60 $10,429 $714.46 $76.00 $790.45
R000104708 M 8 60 $10,429 $714.46 $76.00 $790.45
R000103957 M 1 70 $13,289 $910.41 $96.84 $1,007.26
R000103965 P 1 50 $8,474 $580.55 $61.75 $642.30
R000103966 P 2 50 $8,474 $580.55 $61.75 $642.30
R000103967 P 3 50 $8,474 $580.55 $61.75 $642.30
R000103968 P 4 50 $8,474 $580.55 $61.75 $642.30
R000103969 P 5 50 $8,474 $580.55 $61.75 $642.30
R000103972 P 8 50 $8,474 $580.55 $61.75 $642.30
R000103973 P 9 50 $8,474 $580,55 $61.75 $642.30
R000103974 P 10 50 $8,474 $580.55 $61.75 $642.30
R000103975 P 11 50 $8,474 $580.55 $61.75 $642.30
R000103976 P 12 50 $8,474 $580.55 $61.75 $642.30
R000103970 P 6 60 $10,429 $714.46 $76.00 $790.45
R000103977 P 13 60 $10,429 $714.46 $76.00 $790.45
R000103978 P 14 60 $10,429 $714.46 $76.00 $790.45
R000103979 P 15 60 $10,429 $714.46 $76.00 $790.45
R000103971 P 7 60 $10,429 $714.46 $76.00 $790.45
R000103980 Q 1 60 $10,429 $714.46 $76.00 $790.45
R000103981 Q 2 60 $10,429 $714.46 $76.00 $790.45
R000103982 Q 3 60 $10,429 $714.46 $76.00 $790.45
R000103983 Q 4 70 $13,289 $910.41 $96.84 $1,007.26
R000103984 Q 5 70 PREPAID PREPAID PREPAID PREPAID
R000103987 R 2 50 $8,474 $580.55 $61.75 $642.30
R000 1 047 1 1 R 4 50 $8,474 $580.55 $61.75 $642.30
R000104712 R 5 50 $8,474 $580.55 $61.75 $642.30
R000104713 R 6 50 $8,474 $580.55 $61.75 $642.30
R000104714 R 7 50 $8,474 $580.55 $61.75 $642.30
R000104716 R 9 50 $8,474 $580.55 $61.75 $642.30
R000104717 R 10 50 $8,474 $580.55 $61.75 $642.30
R000 1 047 1 8 R 11 50 $8,474 $580.55 $61.75 $642.30
(A-1)9 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary-Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Annual
Assessment Assessment Expense
Installment
R000104719 R 12 50 $8,474 $580.55 $61.75 $642.30
R000104720 R 13 50 $8,474 $580.55 $61.75 1 $642.30
R000104721 R 14 50 $8,474 $580.55 $61.75 $642.30
R000104727 R 20 50 $8,474 $580.55 $61.75 $642.30
R000104728 R 21 50 $8,474 $580.55 $61.75 $642.30
R000104729 R 22 50 $8,474 $580.55 $61.75 $642.30
R000104730 R 23 50 $8,474 $580.55 $61.75 $642.30
R000104731 R 24 50 $8,474 $580.55 $61.75 $642.30
R000104732 R 25 50 $8,474 $580.55 $61.75 $642.30
R000103986 R 1 60 $10,429 $714.46 $76.00 $790.45
R000103988 R 3 60 $10,429 $714.46 $76.00 $790.45
R000104722 R 15 60 $10,429 $714.46 $76.00 $790.45
R000104723 R 16 60 $10,429 $714.46 $76.00 $790.45
R000104724 R 17 60 $10,429 $714.46 $76.00 $790.45
R000104725 R 18 60 $10,429 $714.46 $76.00 $790.45
R000105070 R 19 60 $10,429 $714.46 $76.00 $790.45
R000104733 R 26 60 $10,429 $714.46 $76.00 $790.45
R000104734 R 27 60 $10,429 $714.46 $76.00 $790.45
R000104737 S 3 70 $13,289 $910.41 $96.84 $1,007.26
R000104738 S 4 70 $13,289 $910.41 $96.84 $1,007.26
R000104739 S 5 70 $13,289 $910.41 $96.84 $1,007.26
R000104740 S 6 70 $13,289 $910.41 $96.84 $1,007.26
R000104741 S 7 70 $13,289 $910.41 $96.84 $1,007.26
R000104742 S 8 70 $13,289 $910.41 $96.84 $1,007.26
R000104743 S 9 70 $13,289 $910.41 $96.84 $1,007.26
R000104736 S 2 70 $13,289 $910.41 $96.84 $1,007.26
R000104744 S 10 70 $13,289 $910.41 $96.84 $1,007.26
R000104745 S 11 70 $13,299 $910.41 $96.84 $1,007.26
R000104746 S 12 70 $13,289 $910.41 $96.84 $1,007.26
R000104747 S 13 70 $13,289 $910.41 $96.84 $1,007.26
R000104748 S 14 70 $13,289 $910.41 $96.84 $1,007.26
R000104749 S 15 70 $13,289 $910.41 $96.84 $1,007.26
R000104750 S 16 70 PREPAID PREPAID PREPAID PREPAID
R000104751 S 17 70 $13,289 $910.41 $96.84 $1,007.26
R000104752 S 18 70 $13,289 $910.41 $96.84 $1,007.26
R000104753 S 19 70 $13,289 $910.41 $96.84 $1,007.26
R000104754 S 20 70 $13,289 $910.41 $96.84 $1,007.26
R000104755 S 21 70 $13,289 $910.41 $96.84 $1,007.26
R000104756 S 22 1 70 $13,289 $910.41 $96.84 $1,007.26
R000104757 S 23 70 $13,289 $910.41 $96.84 $1,007.26
R000104758 S 24 70 $13,289 $910.41 $96.84 $1,007.26
R000104759 S 25 70 $13,289 $910.41 $96.84 $1,007.26
R000104768 U 8 50 1 $8,474 1 $580.55 $61.75 $642.30
R000104769 U 1 9 50 $8,474 $580.55 $61.75 $642.30
R000104770 U 10 50 $8,474 $580.55 $61.75 $642.30
(A-1) 10 of 14 z.l
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary- Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Assessment Assessment Expense Annual
Installment
R000104771 U 11 50 $8,474 $580.55 $61.75 $642.30
R000104772 U 12 50 $8,474 $580.55 $61.75 $642.30
R000104761 U 1 60 $10,429 $714.46 $76.00 $790.45
R000104762 U 2 60 $10,429 $714.46 $76.00 $790.45
R000104763 U 3 60 $10,429 $714.46 $76.00 $790.45
R000104765 U 5 60 $10,429 $714.46 $76.00 $790.45
R000104766 U 6 60 $10,429 $714.46 $76.00 $790.45
R000104767 U 7 60 $10,429 $714.46 $76.00 $790.45
R000104773 U 13 60 PREPAID PREPAID PREPAID PREPAID
R000104774 U 14 60 $10,429 $714.46 $76.00 $790.45
R000104775 U 15 60 $10,429 $714.46 $76.00 $790.45
R000104776 U 16 60 $10,429 $714.46 $76.00 $790.45
R000104777 U 17 60 $10,429 $714.46 $76.00 $790.45
R000104778 U 18 60 $10,429 $714.46 $76.00 $790.45
R000104779 U 19 60 $10,429 $714.46 $76.00 $790.45
R000104780 U 20 60 $10,429 $714.46 $76.00 $790.45
R000104784 V 4 60 $10,429 $714.46 $76.00 $790.45
R000104785 V 5 60 $10,429 $714.46 $76.00 $790.45
R000104786 V 6 60 $10,429 $714.46 $76.00 $790.45
R000104800 V 20 60 $10,429 $714.46 $76.00 $790.45
R000104801 V 21 60 $10,429 $714.46 $76.00 $790.45
R000104802 V 22 60 $10,429 $714.46 $76.00 $790.45
R000104781 V 1 70 $13,289 $910.41 $96.84 $1,007.26
R000104782 V 2 70 $13,289 $910.41 $96.84 $1,007.26
R000104783 V 3 70 $13,289 $910.41 $96.84 $1,007.26
R000104788 V 8 70 $13,289 $910.41 $96.84 $1,007.26
R000104789 V 9 70 $13,289 $910.41 $96.84 $1,007.26
R000104790 V 10 70 $13,289 $910.41 $96.84 $1,007.26
R000104791 V 11 70 $13,289 $910.41 $96.84 $1,007.26
R000104792 V 12 70 $13,289 $910.41 $96.84 $1,007.26
R000104793 V 13 70 $13,289 $910.41 $96.84 $1,007.26
R000104794 V 14 70 $13,289 $910.41 $96.84 $1,007.26
R000104795 V 15 70 $13,289 $910.41 $96.84 $1,007.26
R000104796 V 16 70 $13,289 $910.41 $96.84 $1,007.26
R000104797 V 17 70 $13,289 $910.41 $96.84 $1,007.26
R000104798 V 18 70 $13,289 $910.41 $96.84 $1,007.26
R000104799 V 19 70 $13,289 $910.41 $96.84 $1,007.26
R000104803 W 1 70 $13,289 $910.41 $96.84 $1,007.26
R000104804 W 2 70 $13,289 $910.41 $96.84 $1,007.26
R000104805 W 3 70 $13,289 $910.41 $96.84 $1,007.26
R000104806 W 4 70 $13,289 $910.41 $96.84 $1,007.26
R000104808 W 6 70 $13,289 $910.41 $96.84 $1,007.26
R000104809 W 7 70 1 $13,289 $910.41 $96.84 $1,007.26
R000104810 W 8 70 $13,289 $910.41 $96.84 $1,007.26
R000104807 W 5 70 $13,289 $910.41 $96.84 $1,007.26
(A-1) 11 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary- Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Annual
Assessment Assessment Expense
Installment
R000104812 X 2 50 $8,474 $580.55 $61.75 $642.30
R000104813 X 3 50 $8,474 $580.55 $61.75 $642.30
R000104815 X 5 50 $8,474 $580.55 $61.75 $642.30
R000104816 X 6 50 $8,474 $580.55 $61.75 $642.30
R000104817 X 7 50 $8,474 $580.55 $61.75 $642.30
R000 1 048 1 8 X 8 50 $8,474 $580.55 $61.75 $642.30
R000104811 X 1 60 $10,429 $714.46 $76.00 $790.45
R000104814 X 4 60 $10,429 $714.46 $76.00 $790.45
R000104819 X 9 60 $10,429 $714.46 $76.00 $790.45
R000104820 X 10 60 $10,429 $714.46 $76.00 $790.45
R000104821 X 11 60 $10,429 $714.46 $76.00 $790.45
R000104822 X 12 70 $13,289 $910.41 $96.84 $1,007.26
R000104823 X 13 70 $13,289 $910.41 $96.84 $1,007.26
R000104824 Y 1 50 $8,474 $580.55 $61.75 $642.30
R000104825 Y 2 50 $8,474 $580.55 $61.75 $642.30
R000104828 Y 5 50 $8,474 $580.55 $61.75 $642.30
R000104829 Y 6 50 $8,474 $580.55 $61.75 $642.30
R000104830 Y 7 50 $8,474 $580.55 $61.75 $642.30
R000104832 Y 9 50 $8,474 $580.55 $61.75 $642.30
R000104833 Y 10 50 $8,474 $580.55 $61.75 $642.30
R000104834 Y 11 50 $8,474 $580.55 $61.75 $642.30
R000104835 Y 12 50 $8,474 $580.55 $61.75 $642.30
R000104836 Y 13 50 $8,474 $580.55 $61.75 $642.30
R000104837 Y 14 50 $8,474 $580.55 $61.75 $642.30
R000104838 Y 15 50 $8,474 $590.55 $61.75 $642.30
R000104839 Y 16 50 $8,474 $580.55 $61.75 $642.30
R000104840 Y 17 50 $8,474 $580.55 $61.75 $642.30
R000104841 Y 18 50 $9,474 $580.55 $61.75 $642.30
R000104842 Y 19 50 $8,474 $580.55 $61.75 $642.30
R000104843 Y 20 50 $8,474 $580.55 $61.75 $642.30
R000104844 Y 21 50 $8,474 $580.55 $61.75 $642.30
R000104845 Y 22 50 $8,474 $580.55 $61.75 $642.30
R000104826 Y 3 60 $10,429 $714.46 $76.00 $790.45
R000104827 Y 4 60 $10,429 $714.46 $76.00 $790.45
R000104846 Y 23 60 $10,429 $714.46 $76.00 $790.45
R000104847 Z 1 50 $8,474 $580.55 $61.75 $642.30
R000104848 Z 2 50 $8,474 $580.55 $61.75 $642.30
R000104849 Z 3 50 $8,474 $580.55 $61.75 $642.30
R000104850 Z 4 50 $8,474 $580.55 $61.75 $642.30
R000104851 Z 5 50 $8,474 $580.55 $61.75 $642.30
R000104852 Z 6 50 $8,474 $580.55 $61.75 $642.30
R000105077 Z 7 50 $8,474 $580.55 $61.75 $642.30
R000104854 Z 8 50 $8,474 1 $580.55 $61.75 $642.30
R000104855 Z 9 50 $8,474 $580.55 $61.75 $642.30
R000104858 Z 11 1 50 $8,474 $580.55 $61.75 $642.30
(A-1) 12 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll Summary-Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Annual
Assessment Assessment Expense
Installment
R000104859 Z 12 50 $8,474 $580.55 $61.75 $642.30
R000104860 Z 13 50 $8,474 $580.55 $61.75 $642.30
R000104861 Z 14 50 $8,474 $580.55 $61.75 $642.30
R000104862 Z 15 50 $8,474 $580.55 $61.75 $642.30
R000104863 Z 16 50 $8,474 $580.55 $61.75 $642.30
R000104856 Z 10 60 $10,429 $714.46 $76.00 $790.45
R000104864 Z 17 60 $10,429 $714.46 $76.00 $790.45
R000104865 Z 18 60 $10,429 $714.46 $76.00 $790.45
TBD A 1 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 2 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 3 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 4 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 5 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 6 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 7 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 8 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 9 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 10 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 11 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 12 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD A 13 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 1 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 2 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 3 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 4 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 5 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 6 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 7 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 8 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD C 9 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD E 1 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD F 1 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD F 2 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD F 3 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD G 1 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD G 2 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD G 3 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD G 4 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD G 5 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD G 6 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD G 7 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD G 8 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD H 1 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD J 1 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD J 2 Custom $22,038 $1,509.77 $160.60 $1,670.37
(A-1) 13 of 14 v2.1
Fort Worth Public Improvement District No. 16
Walsh Ranch/Quail Valley-Improvement Area#1
Assessment Roll S -Fiscal Year 2020
Outstanding Annual Administrative Fiscal Year 2020
Parcel ID Block Lot Lot Size Annual
Assessment Assessment Expense
Installment
TBD 1 3 Custom $22,038 $1,509.77 $160.60 $1,670.37
TBD K 1 Custom $22,038 $1,509.77 1 $160.60 $1,670.37
TBD K 2 Custom $22,038 $1,509.77 $160.60 $1,670.37
Total $6,228,815.06 $426,728.20 $45,391.52 $472,119.72
'' W Block and Lot information originally shown in the Service and Assessment Plan has been updated based on the information
prov du,d by the DevolaM.
(A-1) 14 of 14 v2.1
City of Fort Worth,Texas
Mayor and Council Communication
DATE: 08/20/19 M&C FILE NUMBER: M&C 19-0096
LOG NAME: 13QUAIL VALLEY PID FY2020
SUBJECT
Approve the Updated Five Year Service and Assessment Plan for Fort Worth Public Improvement District No. 16(Walsh Ranch/Quail Valley)and
Adopt Appropriation Ordinance(COUNCIL DISTRICT 3)
RECOMMENDATION:
It is recommended that the City Council:
1.Approve the attached updated Five-Year Service and Assessment Plan for Fiscal Year 2020 for Fort Worth Public Improvement District No. 16
(Walsh Ranch/Quail Valley);and
2.Adopt the attached ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District No. 16-Walsh
Ranch/Quail Valley Fund in the amount of$472,120.00,from available funds.
DISCUSSION:
On September 27,2016,the City Council created Fort Worth Public Improvement District No. 16(Walsh Ranch/Quail Valley)(PID).This PID
encompasses approximately one-fourth of the entire Walsh Ranch property and is a vehicle for financing certain infrastructure costs.Full
development of the PID will encompass multiple phases that occur over several years.This Mayor and Council Communication is intended to
address the updated Service and Assessment Plan(SAP)for Improvement Area No. 1 of the PID,which is the first phase of development.
State law requires that the City Council review and update the SAP annually to determine the annual budget for improvements within the PID.The
initial SAP was approved by the City Council on May 2,2017(M&C C-28221).The attached SAP is intended to serve as an update for fiscal year
2020.As outlined in the updated SAP,improvements in the amount of$6,350,000.00,plus interest and administrative costs,are to be funded by
special assessments on Improvement Area No. 1 within the PID.
The Master Reimbursement for this PID(CSC No.49300)provides for a maximum principal reimbursement amount for all phases of the PID of up
to$47,000,000.00,and the Improvement Area No. 1 Reimbursement Agreement(CSC No.49302)addresses$6,350,000.00 of that amount.
Under the terms of the phase 1 agreement,payments to the Developer are conditioned,in part,on the improvements having been completed and
accepted by the City and on the total costs of the improvements being greater than the total assessments by a ratio of at least five to four,meaning
the Developer is contributing at least twenty percent of the improvements costs out of pocket and without reimbursement.In this instance,the total
costs of the improvements is$29,145,543.00,which far exceeds the required ratio.
The fiscal year 2019-2020 budget,as summarized in the table below,will be funded by special assessments collected on property within
Improvement Area No. 1 of the PID(assuming completion of Phase 11C).
Revenues
Annual Installment Income $472,120.00
Total Revenues $472,120.00
Expenditures
Contractual Expenses to Developer $426,728.00
Administrative Expenses $45,392.00
Total Expenditures $472,120.00
This M&C does not request approval of a contract with a business entity.
A Form 1295 is not required for this contract because:This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION/CERTIFICATION:
The Director of Finance certifies that upon approval of this Mayor&Council Communication(M&C),the updated Wash Ranch/Quail Valley PID
Service and Assessment Plan will be approved,and the Fiscal Year 2019-2020 Annual Budget for the Walsh Ranch/Quail Valley PID Operating
Fund will be established.
Submitted for City Manager's Office by: Kevin Gunn 2015
Originating Business Unit Head: Reggie Zeno 8517
Tony Rousseau 2514
Additional Information Contact: Alex Laufer 2268