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HomeMy WebLinkAboutOrdinance - 2023-O0037 - Upland Crossing 2 PID Assessment - 04/25/2023First Reading � e� �.K.1�..'`ck_ �,us��e551��'e��-��`'^•E.�.x- .. Second Reading April 11, 2023 April 25, 2023 Item No. 7.2 Item No. 6.5 ORDINANCE NO. 2023-00037 AN ORDINANCE ADOPTING A SERVICE PLAN FOR THE UPLAND CROSSING 2 PUBLIC IMPROVEMENT DISTRICT, WITH SUCH SERVICE PLAN INCLUDING AN ASSESSMENT PLAN FOR SAID PUBLIC IMPROVEMENT DISTRICT; ESTABLISHING REASONABLE CLASSIFICATIONS AND FORMULAS FOR THE 0! APPORTIONMENT OF THE COST BETWEEN THE CITY OF LUBBOCK, TEXAS 4 AND THE UPLAND CROSSING 2 PUBLIC IMPROVEMENT DISTRICT, AND THE METHODS OF ASSESSING SPECIAL BENEFITS FOR VARIOUS CLASSES OF IMPROVEMENTS OF PROPERTY WITHIN THE UPLAND CROSSING 2 PUBLIC IMPROVEMENT DISTRICT; APPROVING, ADOPTING, AND FILING WITH THE — CITY SECRETARY OF THE CITY OF LUBBOCK, TEXAS AN ASSESSMENT ROLL FOR THE UPLAND CROSSING 2 PUBLIC IMPROVEMENT DISTRICT; AND, EF IMP LEVYING THE ASSESSMENT FOR THE UPLAND CROSSING 2 PUBLIC IMPROVEMENT DISTRICT AS A SPECIAL ASSESSMENT, SPECIFYING THE METHOD OF PAYMENT OF THE ASSESSMENT, AND FIXING CHARGES AND LIENS AGAINST THE PROPERTY IN THE UPLAND CROSSING 2 PUBLIC IMPROVEMENT DISTRICT AND AGAINST THE OWNERS OF PROPERTY WITHIN THE UPLAND CROSSING 2 PUBLIC IMPROVEMENT DISTRICT. WHEREAS, Chapter 372 of the Texas Local Government Code (the "Act") provides the process by which the City of Lubbock, Texas (the "City") may create a public improvement district; and WHEREAS, through Resolution No. 2023-RO144 the City Council of the City (the "Council") authorized the Upland Crossing 2 Public Improvement District (the "PID"); established the boundaries of the PID; approved the estimated costs, method of assessment, and apportionment of costs for the PID; and created the governing board for the PID; and WHEREAS, through Resolution No. 2023-R0146, the Council directed City staff to: (1) Prepare a Service Plan for the PID according to the Act with such Service Plan covering a period of at least five (5) years, defining the annual indebtedness of the PID, projecting the costs for improvements in the PID, and including an assessment plan for the PID; (2) Prepare an assessment roll for the PID that states the assessment against each parcel of land in the PID, with such proposed assessment roll to be filed with the municipal secretary and being made available for public inspection; and (3) Send and publish notice of a public hearing according to the Act concerning the Service Plan; and WHEREAS, City staff has prepared a Service Plan for the PID according to the Act, prepared an assessment roll for the PID, and has sent and published notice of a public hearing to be held at two in the afternoon (2:00 PM), Tuesday, April 11, 2023, at Citizen's Tower, located at 1314 Avenue K, Lubbock, Texas, to consider the proposed apportionment and assessment for the PID; and WHEREAS, at the adjournment of the public hearing the Council desires to hear and pass on any objections to the proposed assessment for the PID and, through this Ordinance, to establish reasonable classifications and formulas for the apportionment of the costs for the services and improvements of the PID between the City and the PID, to approve, adopt, and file with the City'' Secretary the Service Plan for the PID that includes an assessment plan and assessment roll for the PID, and to levy an assessment as a special assessment on the property within the PID; and NOW, THEREFORE; BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1: THAT the facts and recitations contained in the preamble of this ordinance are hereby found and declared to be true and correct. f SECTION 2: THAT the Council has reviewed the Service Plan for the PID, which is attached to this Ordinance as "Exhibit 1 ", and finds that it: covers a period of at least five (5) years; defines the annual indebtedness of the PID; estimates the costs for improvements in the PID; and, includes an assessment plan for the PID. SECTION 3: THAT the Council hereby finds that the assessment rate provided in the Service Plan for the PID is feasible and sound and will serve the needs and desires of the property owners within the PID, and the Council hereby adopts the assessment rate of twelve cents ($0.12) per one hundred dollars ($100) of net taxable value for tax year 2023, as determined by the Lubbock Central Appraisal District, of the property or improvements to the property located in the PID. SECTION 4: THAT the Council finds that the assessment plan included in the Service Plan for the PID provides for the apportionment of the cost of improvements to be assessed against the property within the PID on the basis of special benefits accruing to the property within the PID because of the improvements, and the Council hereby establishes the reasonable classifications and formulas for the apportionment of the costs between the City and the PID and the methods of assessment of the special benefits for the various classes of improvements within the PID as such classifications, formulas, and methods are provided for in the assessment plan. SECTION 5: THAT the Council hereby approves, adopts, and files with the City Secretary the assessment roll that is attached to this Ordinance as "Exhibit 2", with such assessment roll stating an estimate of the assessment to be levied against the property within the PID, and with the City Secretary filing the assessment roll in the official records of the City and being subject to public inspection. SECTION 6: THAT the Council finds that the assessments should be made and levied against the property within the PID and against the owners thereof, and that such assessments are in proportion to the benefits to the property by means of the services and improvements in the PID for which such assessments are levied, and further finds that in each case the property assessed is specially benefited by means of the said services and improvements of the District, and further finds that the apportionment of costs of the services and improvements is in accordance with the Act. SECTION 7: THAT there is hereby levied and assessed against the parcels of property within the PID, and against the real and true owners thereof, whether such owners be correctly named or not, the sums of money calculated by applying the assessment rate to in the manner described in the assessment plan and assessment roll. SECTION 8: THAT the several sums above mentioned and assessed against the said parcels of property and the owners thereof, and interest thereon at the rate per annum established herein, together with reasonable attorney's fees and costs of collection, if incurred, are hereby declared to be and are made a first and prior lien against the property assessed, superior to all other liens and claims except liens and claims for ad valorem taxes and is a personal liability of and charge against the owners of the property regardless of whether the owners are named; and, with such lien being attached on January 1 of each year to the property to secure the payment of all assessments, penalties, and interest ultimately imposed for the year on the property, whether or not the assessments are imposed in the year the lien attaches and shall be effective until the assessment is paid; and, with such lien being perfected on attachment requiring no further action by the Council. SECTION 9: THAT the assessments levied herein shall be due and payable in full on receipt of the assessment bill and are delinquent if not paid by January 31, 2024 except as provided in Sections 31.02(b), 31.03, and 31.04 of the Texas Property Tax Code. A delinquent assessment incurs a penalty of six percent (6%) of the amount of the assessment for the first (1") calendar month it is delinquent plus one percent (1 %) for each additional month or portion of a month the assessment remains unpaid prior to July 1 of the year in which it becomes delinquent. However, an assessment delinquent on July 1 incurs a total penalty of twelve percent (12%) of the amount of the delinquent assessment without regard to the number of months the assessment has been delinquent. A delinquent assessment continues to incur the penalty provided by this Section as long as the assessment remains unpaid, regardless of whether a judgment for the delinquent assessment has been rendered. That if default be made in the payment of any of the said sums hereby assessed against said property owners and their property, collection thereof, including costs and attorney's fees, shall be enforced by the governing body in the same manner that an ad valorem tax lien against real property may be enforced by the governing body under Chapters 31, 32 and 33 of the Texas Property Tax Code. The owner of the assessed property may pay at any time the entire assessment on any lot or parcel, along with any interest and penalty that has accrued on the assessment. SECTION 10: THAT all assessments herein levied are a personal liability and charge against the real and true owners of the premises described, notwithstanding such owners may not be named, or may be incorrectly named. AND IT IS SO ORDERED. Passed by the City Council on first reading on April 11 , 2023. Passed by the City Council on second reading on April 25 , 2023. ATTEST: 'ourtnene ,,Paz, InterimrCity Secretary .ors ,t APPROVED AS TO CONTENT: Blurostelic , Chief Financ' Officer APPROVED AS TO FORM: I / dw: 6 � �- im - elli Leisure, Senior Assistant City Attorney ccdocs/ORD. Economic Development — Upland Crossing 2 PID - Service Plan, Assessment Role, and Levy 3.28.23 Exhibit 1 Upland Crossing 2 Public Improvement District 2023 SERVICE AND ASSESSMENT PLAN FEBRUARY 16, 2023 rf4t4Ty City � Lubbock Exhibit 1 City of Lubbock, Texas Finance Department Upland Crossing 2 Public Improvement District Service and Assessment Plan February 16, 2023 TABLE OF CONTENTS Tableof Contents........................................................................................................................................1 Section I: Plan Description and Defined Terms......................................................................................... 2 Section II: Property Included in the PID......................................................................................................4 Section III: Description of the Improvement Project.................................................................................. 4 Section IV: Service Plan/Sources and Uses of Funds.................................................................................. 5 SectionV: Assessment Plan................................................................................................................................6 Section VI: Terms of the Assessments................................................................................................................ 6 Listof Exhibits............................................................................................................................................. 7 Exhibit A - PID Legal Description and Map......................................................................................................16 Exhibit B — Service Plan — Five Year Plan.................................................................................................. 24 ExhibitC - Assessment Roll............................................................................................................................ 25 1 Exhibit 1 City of Lubbock, Texas Finance Department Upland Crossing 2 Public Improvement District Service and Assessment Plan February 16, 2023 Plan Description and Defined Terms A. Introduction Chapter 372 of the Texas Local Government Code, Improvement Districts in Municipalities and Counties" (as amended, the "PID Act"), governs the creation of public improvement districts within the State of Texas. The City of Lubbock created the Upland Crossing 2 Public Improvement District (the "PID") to maintain the public improvements associated with the Upland Crossing 2 planned development and for the benefit of certain property in the PID, all of which is located within the City. (Capitalized terms used herein shall have the meanings ascribed to them in Section 1.13 of this Service and Assessment Plan.) This Service and Assessment Plan has been prepared pursuant to Sections 372.013, 372.014, 372.015 and 372.016 of the PID Act. According to Section 372.013 of the PID Act, a service plan "must cover a period of at least five years and must also define the annual indebtedness and the projected costs for improvements. The plan shall be reviewed and updated annually for the purpose of determining the annual budget for improvements." The service plan is included in Section IV of this Service and Assessment Plan. Section 372.014 of the PID Act states that "an assessment plan must be included in the annual service plan." The assessment plan is described in Section V of this Service and Assessment Plan. Section 372.015 of the PID Act states that "the governing body of the municipality or county shall apportion the cost of an improvement to be assessed against property in an improvement district." The method of assessing the Costs of the improvements to the property in the PID is included in Sections V and VI of this Service and Assessment Plan. Section 372.016 of the PID Act states that "after the total cost of an improvement is determined, the governing body of the municipality or county shall prepare a proposed assessment roll. The roll must state the assessment against each parcel of land in the district, as determined by the method of assessment chosen by the municipality or county under this subchapter." The Assessment Roll for the PID is included as Exhibit C of this Service and Assessment Plan. The Assessments as shown on the Assessment Roll are based on the method of assessment described in Section V of this Service and Assessment Plan. The City Council shall make all determinations necessary herein. The City Council intends for the obligations, covenants and burdens on the owner of the Assessed Property, including without limitation such owner's obligations related to the payment of the Assessments, to constitute a covenant running with the land. The Assessments levied hereby 2 Exhibit 1 City of Lubbock, Texas Finance Department Upland Crossing 2 Public Improvement District Service and Assessment Plan February 16, 2023 shall be binding upon the owners of Assessed Property, and their respective transferees, legal representatives, heirs, devisees, successors and assigns. The Assessments shall have lien priority as specified in the PID Act. This Service and Assessment Plan provides for maintenance of improvements benefiting the entire area of the Upland Crossing 2 PID. B. Definitions The terms used herein shall have the following meanings. "Annual Service Plan Amendment" has the meaning set forth in the first paragraph of Section IV of this Service and Assessment Plan. "Assessed Property" means, for any year, parcels within the PID. "Assessment" means, with respect to each Parcel, the assessment imposed against such Parcel pursuant to the Assessment Ordinance and the provisions therein, as shown on the Assessment Roll, subject to reallocation among Parcels and reduction according to the provisions herein and the PID Act. "Assessment Ordinance" means the Assessment Ordinance approved by the City Council approving and adopting this Service and Assessment Plan. "Assessment Roll" means the document included in this Service and Assessment Plan as Exhibit C, as updated, modified, or amended annually in accordance with the procedures set forth herein and in the PID Act. "City" means City of Lubbock, Texas. "City Council" means the duly elected governing body of the City. "Costs" mean the actual or budgeted costs, as applicable, of all or any portion of the maintenance of the public improvements, operation, and other supplemental services, as described in Exhibit B of this Service and Assessment Plan. "Developer" means Betenbough Homes, Inc. "Legal Description" means the metes and bounds legal description of the PID area included as Exhibit A to the Service and Assessment Plan. 3 Exhibit 1 City of Lubbock, Texas Finance Department Upland Crossing 2 Public Improvement District Service and Assessment Plan February 16, 2023 "Improvement Project" means the maintenance of the public improvements that will provide a special benefit to the property in the PID and described in Exhibit 8 of this Service and Assessment Plan and Section 372.003 of the PID Act. "Parcel" means a parcel identifed by either a tax map identification number assigned by the Lubbock County Appraisal District for real property tax purposes or by lot and block number in a final subdivision plat recorded in the real property records of Lubbock County, Texas or identified by any other reasonable means determined by the City Council. "PID" has the meaning set forth in the second paragraph of Section LA of this Service and Assessment Plan. "PID Act" means Texas Local Government Code Chapter 372, Improvement Districts in Municipalities and Counties, Subchapter A, Public Improvement Districts, as amended. "PID Map" means the map included as Exhibit A to the Service and Assessment Plan identifying the property included in the PID. "Service and Assessment Plan" means this Service and Assessment Plan prepared for the PID pursuant to Section 372.013, 372,014, 372.015, and 372.016 of the PID Act. Section II Property Included in the PID The PID is located in the City of Lubbock, Texas. A map of the property included in the PID and a legal description is shown on Exhibit A to this Service and Assessment Plan. The 34.294 acre development is expected to consist of approximately 200 residential units, drainage basin and associated rights of way, landscaping, and infrastructure. An explanation of the method of assessing property is included in Section V. Section III Description of the Improvement Project The general nature of the proposed public improvements is: (i) acquisition, contruction, or drainage facilities or improvements, (ii) the design, construction, and maintenance of Parks and green spaces together with any ancillary structures, features or amenities such as playgrounds, splash pads, pool(s), athletic facilities, pavilions, community facilities, irrigation, walkways, lighting, benches, trash receptacles and any similar items located therein along with all necessary grading, drainage, and similar infrastructure involved in the maintenance of such parks and green 4 Exhibit 1 City of Lubbock, Texas Finance Department Upland Crossing 2 Public Improvement District Service and Assessment Plan February 16, 2023 spaces; landscaping, hardscape and irrigation; and (iii) payment of costs associated with developing and financing the public improvements listed in subdivision including costs of establishing, administering and operating the District. The District is to supplement and enhance services within the District.. The public improvements will be constructed by the Developer with no reimbursement from the PID. After analyzing the maintenance, operation, and other supplemental services related to the Public Improvements, the City has determined that the maintenance of the public improvements authorized by the PID Act, shown in Exhibit B, should be performed by the City and has further determined that these maintenance activities will be of special benefit to all the Assessed Property within the PID. A. Maintenance of Public Improvements The cost of the maintenance, operation and other supplemental services to be funded through assessments on Assessed Property is estimated at $15,000 in the first year and increases to $31,524 in the 5th year, with 2 percent annual growth thereafter. The budget for the maintenance, operation, and other supplemental services will be determined annually by the City and will be included in a Service Plan Amendment along with amendments to the Assessment Roll reflecting assessments (the "Maintenance Assessment") based on such budget for maintenance, operation and necessary supplemental services. Section IV Service Plan/Sources and Uses of Funds Section 372.013 of the PID Act requires this Service and Assessment Plan to "cover a period of at least five years and must also define the annual indebtedness and the projected costs for improvements. The Developer plans to make improvements at a cost of $250,000. The PID will not reimburse the Developer for those improvements. The PID will maintain the public improvements. The plan shall be reviewed and updated annually for the purpose of determining the annual budget for maintenance." Such annual update to this Service and Assessment Plan is herein referred to as the "Annual Service Plan Amendment." The Upland Crossing 2 PID will have no indebtedness and the PID assessments will fund the maintenance of the public improvements, operation, and other supplemental services. The table below shows estimated sources and uses of funds including the projected cost of maintaining the public improvements. 61 Exhibit 1 Tax Year Property Values (Taxable)' Discounted Property Values Fiscal Year Revenues Interest Earnings Assessment @ $0.12 Total Expenses Basin Park Maintenance Annual Operating Cost Adm,nistrative Costs Tota I Cash Reserve City of Lubbock, Texas Finance Department Upland Crossing 2 Public Improvement District Service and Assessment Plan February 16, 2023 Proposed Budget 2024 Projected 2025 2026 2027 Totals 2023 2,911,768 16,095,003 38,291,903 39,057,741 39,838,896 39,838,896 2,620,591 14,485,503 34,462,713 35,151,967 35,855,007 35,855,007 2023-24 2024-25 2025-26 2026-27 2027-28 Totals* $ - - 24 193 $ 217 3,145 17,383 41,355 42,182 43,026 147,091 $ 3 145 17,383 41,355 42,206 43,219 $ 147,308 $ - 15,000 15,300 15,606 $ 45,906 6,000 6,000 6,120 6,242 6,367 30,730 9,000 9,000 9,180 9,364 9 s51 46,094 $ 15 000 15 000 30.300 30,906 31 524 $ 12 730 $ 11 ass (9,473) 2,583 1 883 13 278 $ 13,278 Assessment Information for $100,000 Home $120 The sources and uses of funds table is subject to revision each year. Section V Assessment Plan The PID was created and the assessment is being levied pursuant to Section 372.015 of the PID Act, "Determination of Assessment." A. Allocation of assessment • Properties will be assessed based on the City's 2023 "net taxable value" as established by the Lubbock Central Appraisal District and submitted to the City under Tax Code Section 26.04. • Assessment will be $0.12 per $100 valuation • All property will be assessed based on the final 2023 "net taxable value". Section VI Terms of the Assessments The annual assessment for each parcel within the PID shall be shown on the assessment roll. The amount of the assessment could change each year when the Service and Assessment Plan are adopted due to increased value on a parcel or the estimated cost of maintaining the public improvements, repair or replacement costs, and operational or administrative costs. R Exhibit 1 City of Lubbock, Texas Finance Department Upland Crossing 2 Public Improvement District Service and Assessment Plan February 16, 2023 List of Exhibits Exhibit A PID Legal Description and Map Exhibit B Service Plan — 5 Year Plan Exhibit C Assessment Roll VA A 0 Upland Crossing 2 PID ,4, city of Parcels 0 125 250 500 Lubbock Feet TEXAS Lot -Block Lines °e,.. bb.....qbb.,q.,-gbeq...w....M-..."........ ne�.pr...q.n enN.9n.M..rvry .na rMb..nb enM b. MM.hnq. rggb. Nu°en el .b.qb esw4.l.0 1/12/2023 EXHIBIT A The Land A 34.294 ACRE TRACT OF LAND IN SECTION 39, BLOCK AK, G.C. & S.F. RR. CO. SURVEY, ABSTRACT NO.228, LUBBOCK COUNTY, TEXAS A 34.294 acre tract of land located in the Northeast Quarter (NE/4) of Section 39, Block AK, G.C. & S.F. RR. Co. Survey, Abstract No. 228, Lubbock County, Texas, being all of that certain tract of land described in a Correction Special Warranty Deed recorded in County Clerk's File Number 2014004363 of the Official Public Records of Lubbock County, Texas, said 34.294 acre tract being further described by metes and bounds as follows: BEGINNING at a 1/2" iron rod with cap marked "Hugo Reed & Assoc's" found in the south right- of-way line of 34th Street, as described in a Right -of -Way Deed recorded in Volume 558, Page 677 of the Deed Records of Lubbock County, Texas, and in the west line of that certain tract of land described in a Warranty Deed recorded in County Clerk's File Number 2013047547 of the Official Public Records of Lubbock County, Texas, for the northeast corner of this tract, having coordinates of Northing: 7,269,158.33 and Easting: 909,971.59 of the Texas Coordinate System of 1983 (2011), Texas North Central Zone, whence a railroad spike found at the northeast corner of said Section 39 bears N. 01 * 5 F 40" E. a distance of 40.00 feet and S. 88 ° 10' 50" E. a distance of 360.29 feet, said section corner having coordinates of Northing: 7,269,186.87 and Easting: 910,332.91 of the Texas Coordinate System of 1983 (2011), Texas North Central Zone; THENCE S. 010 51' 40" W., along the west lines of those certain tracts of land described in Warranty Deeds recorded in Volume 3266, Page 102 and Volume 6287, Page 250 of the Real Property Records and County Clerk's File Numbers 2005041119, 2008003296, 2013047547 and 2018036068 of the Official Public Records of Lubbock County, Texas, a distance of 919.78 feet to a 5/8" iron rod found at the southwest corner of that certain tract of land described in a Warranty Deed recorded in Volume 6287, Page 250 of the Real Property Records of Lubbock County, Texas, for an ell corner of this tract; THENCE S. 880 10' 50" E., along the south line of said tract described in Volume 6287, Page 250, a distance of 0.40 feet to a 5/8" iron rod found at the northwest corner of that certain tract of land described in a Warranty Deed recorded in Volume 1491, Page 52 of the Deed Records of Lubbock County, Texas, for a corner of this tract this tract; THENCE S. 01 ° 51' 40" W. a distance of 270.08 feet to a 1" iron pipe found at the southwest corner of that certain 1.811 acre tract of land described in a Warranty Deed recorded in County Clerk's File Number 2014012466 of the Official Public Records of Lubbock County, Texas, for the southeast corner of this tract; A-1 Exhibit A THENCE N. 70 IT 50' W., along the north line of the West Texas & Lubbock Railroad, a right- of-way being 100.00 feet in width as described in a Deed recorded in County Clerk's File Number 2015029381 of the Official Public Records of Lubbock County, Texas, a distance of 1686.40 feet to a 5/8" iron rod found at the southeast corner of that certain tract of land described in a Warranty Deed recorded in County Clerk's File Number 2013044872 of the Official Public Records of Lubbock County, Texas, for the southwest corner of this tract, having coordinates of Northing: 7,268,537.79 and Easting: 908,346.08 of the Tey* Coordinate System of 1983 (2011), Texas North Central Zone; THENCE N. 04 55' 00" E. a distance of 672.00 feet to a lit iron rod found in the south right- of-way line of said 34th street at the northeast corner of said tract described in County Clerk's File Number 2013044872 for the northwest corner of this tract; THENCE S. 88 10' 50" E. a distance of 1604.24 feet to the Point of Beginning. Bearings are relative to the Texas Coordinate System of 198? 201)1 , Texas North Central Zone. Distances are at surface, in U.S. survey feet. I, Norris Stevens, Registered Professional Land Surveyor, do hereby certify that this description was prepared from an actual survey of the property and that the information hereon represents the findings of this survey to the best of my knowledge and belief. Surveyed: June 21, 2021 Norris Stevens Registered Professional Land Surveyor, State of Texas, Seal No. 4339 210437 Sec39 BWAK. St. Clair A-2 Exhibit B Service Plan Tax Year Property Values (Taxable) • Discounted Property Values Fiscal Year Revenues Interest Earnings Assessment @ $0.12 Total Expenses Basin Park Maintenance Annual Operating Cost Administrative Costs Total Cash Reserve City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Preliminary Service Plan February 6, 2023 Proposed Budget 2024 Projected 2025 2026 2027 Totals 2023 2,911,768 16,095,003 38,291,903 39,057,741 39,838,896 39,838,896 2,620,591 14,485,503 34,462,713 35,151,967 35,855,007 35,855,007 2023-24 2024-25 2025-26 2026-27 2027-28 Totals* $ - - - 24 193 $ 217 3,145 17,383 41,355 42,182 43,026 147,091 $ 3,145 17,383 41,355 42,206 43,219 $ 147,308 $ 15,000 15,300 15,606 $ 45,906 6,000 6,000 6,120 6,242 6,367 30,730 9,000 9,000 9,180 9,364 9,551 46,094 $ 15,0001 15,000 30,300 30,906 31,524 $ 122,730 $ (11,855) (9,473) 1,583 12,883 13,278 $ 13,278 Assessment Information for $100,000 Home $120 Exhibit C City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll 2023 Market 2023 Estimated 2023 Estimated Property ID Owner Name Mailing Address Property Address LegalDescri tion Value Taxable Value Assessment 6305 82ND ST BLK AK SEC 39 AB 228 TR A14 ACS: R102962 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK 79407 11.023 55,115 55,115 $ 66.14 6305 82ND ST BLK AK SEC 39 AB 228 TR A14A AC: R126622 IBETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 79407 7.867 8,103 8,103 9.72 6305 82ND ST 3406 URBANA PL, R346226 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 933 35,000 35,000 42.00 6305 82ND ST 3408 URBANA PL, R346227 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 934 35,000 35,000 42.00 6305 82ND ST 3413 URBANA PL, R346217 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 924 35,000 35,000 42.00 6305 82ND ST 3503 VALENCIA AVE, R346236 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 943 35,000 35,000 42.00 6305 82ND ST 7410 35TH ST, LUBBOCK, R346251 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 958 35,000 35,000 42.00 6305 82ND ST 3506 VALENCIA AVE, R346240 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 947 35,000 35,000 42.00 6305 82ND ST 3503 VENITA AVE, R346247 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 954 35,000 35,000 42.00 6305 82ND ST 3403 VENITA AVE, R346249 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 956 3S,000 35,000 42.00 6305 82ND ST 7428 36TH ST, LUBBOCK, R346283 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 990 35,000 35,000 42.00 6305 82ND ST 3402 URBANA PL, R346224 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 931 35,000 35,000 42.00 6305 82ND ST 3509 VALENCIA AVE, R346233 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 940 35,000 35,000 42.00 6305 82ND ST 7424 35TH ST, LUBBOCK, R346258 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 965 35,000 35,000 42.00 6305 82ND ST 743135TH ST, LUBBOCK, R346263 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 970 35,000 35,000 42.00 6305 82ND ST 7429 36TH ST, LUBBOCK, R346288 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 99S 35,000 35,000 42.00 Page 1 Exhibit C City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll 2023 Market 2023 Estimated 2023 Estimated Property ID Owner Name Mailing Address Property Address LegalDescri tion Value Taxable Value Assessment 6305 82ND ST 741136TH ST, LUBBOCK, R346297 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 1004 35,000 35,000 42.00 6305 82ND ST 3514 VALENCIA AVE, R346244 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 951 35,000 35,000 42.00 6305 82ND ST 3507 VENITA AVE, R346245 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 952 35,000 35,000 42.00 6305 82ND ST 7418 35TH ST, LUBBOCK, R346259 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 966 35,000 35,000 42.00 6305 82ND ST 7417 36TH ST, LUBBOCK, R346294 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 1001 35,000 35,000 42.00 6305 82ND ST 7415 36TH ST, LUBBOCK, R346295 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 1002 35,000 35,000 42.00 6305 82ND ST 3407 URBANA PL, R346220 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 927 35,000 35,000 42.00 6305 82ND ST 3501 VALENCIA AVE, R346237 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 944 35,000 35,000 42.00 6305 82ND ST 7416 35TH ST, LUBBOCK, R346254 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 961 35,000 35,000 42.00 6305 82ND ST 7423 35TH ST, LUBBOCK, R346267 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 974 35,000 35,000 42.00 6305 82ND ST 7415 35TH ST, LUBBOCK, R346271 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 978 35,000 35,000 42.00 6305 82ND ST 7430 36TH ST, LUBBOCK, R346284 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 991 35,000 35,000 42.00 6305 82ND ST 3403 URBANA PL, R346222 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 929 35,000 35,000 42.00 6305 82ND ST 3513 VALENCIA AVE, R346231 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 938 35,000 35,000 42.00 6305 82ND ST 7420 35TH ST, LUBBOCK, R346256 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 963 35,000 35,000 42.00 6305 82ND ST 7427 35TH ST, LUBBOCK, R346265 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 972 35,000 35,000 42.00 Page 2 Exhibit C City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll 2023 Market 2023 Estimated 2023 Estimated Property ID Owner Name Mailing Address Property Address LegalDescri tion Value Taxable Value Assessment 6305 82ND ST 742S 36TH ST, LUBBOCK, R346290 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 997 3S,000 35,000 42.00 6305 82ND ST 3502 VALENCIA AVE, R346238 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 945 35,000 35,000 42.00 630S 82ND ST 7413 35TH ST, LUBBOCK, R346272 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 979 35,000 35,000 42.00 6305 82ND ST 7410 36TH ST, LUBBOCK, R346274 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 981 35,000 35,000 42.00 6305 82ND ST 7424 36TH ST, LUBBOCK, R346281 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 988 35,000 35,000 42.00 6305 82ND ST 3S12 VALENCIA AVE, R346243 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 950 35,000 35,000 42.00 6305 82ND ST 7428 35TH ST, LUBBOCK, R346260 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 967 35,000 35,000 42.00 6305 82ND ST 7432 35TH ST, LUBBOCK, R346261 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 968 35,000 35,000 42.00 6305 82ND ST 7418 36TH ST, LUBBOCK, R346278 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 985 35,000 35,000 42.00 6305 82ND ST 3401 URBANA PL, R346223 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 930 35,000 35,000 42.00 6305 82ND ST 3414 URBANA PL, R346230 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 937 35,000 35,000 42.00 6305 82ND ST 7425 35TH ST, LUBBOCK, R346266 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 973 35,000 35,000 42.00 6305 82ND ST 7411 35TH ST, LUBBOCK, R346273 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 980 35,000 35,000 42.00 6305 82ND ST 7422 36TH ST, LUBBOCK, R346280 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 987 35,000 35,000 42.00 6305 82ND ST 3409 URBANA PL, R346219 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 926 35,000 35,000 42.00 630S 82ND ST 3507 VALENCIA AVE, R346234 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 941 35,000 35,000 42.00 Page 3 Exhibit C City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll ID-u A.A by i ren nn 7_st_711 2023 Market 2023 Estimated 2023 Estimated Property ID Owner Name Mailing Address Property Address Legal Description Value Taxable Value Assessment 6305 82ND ST 7421 35TH ST, LUBBOCK, R346268 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 975 35,000 35,000 42.00 6305 82ND ST 7417 35TH ST, LUBBOCK, R346270 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 977 35,000 35,000 42.00 6305 82ND ST 7432 36TH ST, LUBBOCK, R346285 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 992 35,000 35,000 42.00 6305 82ND ST 3411 URBANA PL, R346218 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 925 35,000 35,000 42.00 6305 82ND ST 3505 VALENCIA AVE, R346235 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 942 35,000 35,000 42.00 6305 82ND ST 7412 35TH ST, LUBBOCK, R346252 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 959 35,000 35,000 42.00 6305 82ND ST 7419 35TH ST, LUBBOCK, R346269 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 976 35,000 35,000 42.00 6305 82ND ST 7433 36TH ST, LUBBOCK, R346286 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 993 35,000 35,000 42.00 6305 82ND ST 3508 VALENCIA AVE, R346241 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 948 35,000 35,000 42.00 6305 82ND ST 3501 VENITA AVE, R346248 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 955 35,000 35,000 42.00 6305 82ND ST 7418 35TH ST, LUBBOCK, R346255 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 962 35,000 35,000 42.00 6305 82ND ST 7423 36TH ST, LUBBOCK, R346291 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 998 35,000 35,000 42.00 6305 82ND ST 730134TH ST, LUBBOCK, R346298 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING TR N 13,550 13,550 16.26 6305 82ND ST 3504 VALENCIA AVE, R346239 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 946 35,000 35,000 42.00 6305 82ND ST 7422 35TH ST, LUBBOCK, R346257 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 964 35,000 35,000 42.00 6305 82ND ST 7429 35TH ST, LUBBOCK, R346264 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 971 35,000 35,000 42.00 Page 4 Exhibit C City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll 2023 Market 2023 Estimated 2023 Estimated Property ID Owner Name Mailing Address Property Address LegalDescri tion Value Taxable Value Assessment 6305 82ND ST 7426 36TH ST, LUBBOCK, R346282 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 989 35,000 35,000 42.00 6305 82ND ST 3410 URBANA PL, R346228 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 935 35,000 35,000 42.00 6305 82ND ST 3412 URBANA PL, R346229 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 936 35,000 35,000 42.00 6305 82ND ST 3510 VALENCIA AVE, R346242 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 949 35,000 35,000 42.00 6305 82ND ST 7420 36TH ST, LUBBOCK, R346279 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 986 35,000 35,000 42.00 6305 82ND ST 7421 36TH ST, LUBBOCK, R346292 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 999 35,000 35,000 42.00 6305 82ND ST 7419 36TH ST, LUBBOCK, R346293 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 1000 35,000 35,000 42.00 6305 82ND ST 7413 36TH ST, LUBBOCK, R346296 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 1003 35,000 35,000 42.00 6305 82ND ST 7433 35TH ST, LUBBOCK, R346262 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 969 35,000 35,000 42.00 6305 82ND ST 7414 36TH ST, LUBBOCK, R346276 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 983 35,000 35,000 42.00 6305 82ND ST 7416 36TH ST, LUBBOCK, R346277 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 984 35,000 35,000 42.00 6305 82ND ST 3405 URBANA PL, R346221 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 928 35,000 35,000 42.00 6305 82ND ST 3404 URBANA PL, R346225 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 932 35,000 35,000 42.00 6305 82ND ST 3511 VALENCIA AVE, R346232 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 939 35,000 35,000 42.00 6305 82ND ST 3505 VENITA AVE, R346246 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 953 35,000 35,000 42.00 6305 82ND ST 3401 VENITA AVE, IR346250 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 957 35,000 35,000 42.00 Page 5 Exhibit C City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll 2023 Market 2023 Estimated 2023 Estimated Property ID Owner Name Mailing Address Property Address LegalDescri tion Value Taxable Value Assessment 6305 82ND ST 7412 36TH ST, LUBBOCK, R346275 BETENBOUGH HOMES LLC LUBBOCK, TX 79424 3681 TX 79407 UPLAND CROSSING L 982 35,000 35,000 42.00 6305 82ND ST 7427 36TH ST, LUBBOCK, R346289 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 996 35,000 35,000 42.00 6305 82ND ST 7414 35TH ST, LUBBOCK, R346253 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 960 35,000 35,000 42.00 6305 82ND ST 743136TH ST, LUBBOCK, R346287 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 TX 79407 UPLAND CROSSING L 994 35,000 35,000 42.00 2,911,768 2,911,768 $ 3,494 Page 6 Attachment 1 2023 Service and Assessment Plan Required Attachment Sec. 5.014. NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT. (a) 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, or Chapter 382, Local Government Code, shall first give to the purchaser of the property the written notice prescribed by Subsection (a-1) or (a-2), as applicable. (a-1) Except for the notice prescribed by Subsection (a-2), the notice required by Subsection (a) shall be executed by the seller and must, except as provided by Subsection (b), read as follows: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO (insert name of municipality or county levying assessment), TEXAS CONCERNING THE FOLLOWING PROPERTY (insert property address) As the purchaser of the real property described above, you are obligated to pay assessments to (insert name of municipality or county, as applicable), 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 (insert name of public improvement district) (the "District") created under (insert Subchapter A Chapter 372 Local Government Code, or Chapter 382, Local Government Code, as applicable). 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 (insert name of municipality or county, as applicable). The exact amount of each annual installment will be approved each year by (insert name of city council or county commissioners court, as applicable) in the annual service plan update for the district. More information about the assessments, including the amounts and due dates, may be obtained from (insert name of municipality or county, as applicable). 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. 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 (a-2) For a district described by Section 372.0035 Local Government Code, the notice required by Subsection (a) shall be executed by the seller and must, except as provided by Subsection (b), read as follows: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO (insert name of municipality levying assessment), TEXAS Signature of Purchaser (a-2) For a district described by Section 372.0035, Local Government Code, the notice required by Subsection (a) shall be executed by the seller and must, except as provided by Subsection (b), read as follows: NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO (insert name of municipality levying assessment), TEXAS CONCERNING THE FOLLOWING HOTEL PROPERTY (insert property address) As the purchaser of the real property described above, you are obligated to pay assessments to (insert name of municipality), Texas, for the costs of a portion of a public improvement or services project (the "Authorized Services") undertaken for the benefit of the property within (insert name of 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 SERVICES, WHICH MUST BE PAID IN FULL WITH EVERY PAYMENT BY THE HOTEL OF LOCAL HOTEL OCCUPANCY TAX REMITTANCES TO THE MUNICIPALITY. YOUR FAILURE TO PAY THE ASSESSMENT MAY RESULT IN PENALTIES AND INTEREST BEING ADDED TO WHAT YOU OWE, AND MAY INCLUDE THE PURSUIT OF ANY OTHER REMEDY THAT IS AUTHORIZED UNDER SECTION 372.0035(d), LOCAL GOVERNMENT CODE. Information about the calculation of the assessment may be obtained from (insert name of the municipality). The exact assessment rate will be approved each year by (insert name of city council) in the annual service plan update for the district. More information about the assessments, including the assessment rate and due dates, may be obtained from (insert name of municipality). 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 (b) The seller or the municipality or county that created the public improvement district may provide additional information regarding the district in the notice prescribed by Subsection (a-1) or (a- 2), including whether an assessment has been levied, the amount of the assessment, and the payment schedule for assessments. (c) This section 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; property; (6) from one co-owner to another co-owner of an undivided interest in the real (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. (d) For the purposes of this section, a contract for the purchase and sale of real property having a performance period of less than six months is considered a sale requiring notice. Added by Acts 2005, 79th Leg., Ch. 1085 (H.B. 1919), Sec. 1, eff. January 1, 2006. Amended by: Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 20.002, eff. September 1, 2009. Acts 2021, 87th Leg., R.S., Ch. 253 (H.B. 1543), Sec. 3, eff. September 1, 2021. Exhibit 2 City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll (Provided by LCAD on 2-8-23) Property 2023 Market 2023 Estimated 2023 Estimated ID Owner Name Mailing Address Property Address LegalDescription Value Taxable Value Assessment 6305 82ND ST BLK AK SEC 39 AB 228 TR A14 R102962 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK 79407 ACS: 11.023 55,115 55,115 $ 66.14 6305 82ND ST BLK AK SEC 39 AB 228 TR A14A R126622 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 79407 AC: 7.867 8,103 8,103 9.72 6305 82ND ST 3406 URBANA PL, R346226 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 933 35,000 35,000 42.00 6305 82ND ST 3408 URBANA PL, R346227 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 934 35,000 35,000 42.00 6305 82ND ST 3413 URBANA PL, R346217 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 924 35,000 35,000 42.00 6305 82ND ST 3503 VALENCIA AVE, R346236 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 943 35,000 35,000 42.00 6305 82ND ST 7410 35TH ST, R346251 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 958 35,000 35,000 42.00 6305 82ND ST 3506 VALENCIA AVE, R346240 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 947 35,000 35,000 42.00 6305 82ND ST 3503 VENITA AVE, R346247 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 954 35,000 35,000 42.00 6305 82ND ST 3403 VENITA AVE, R346249 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 956 35,000 35,000 42.00 6305 82ND ST 7428 36TH ST, R346283 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 990 35,000 35,000 42.00 6305 82ND ST 3402 URBANA PL, R346224 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 931 35,000 35,000 42.00 6305 82ND ST 3509 VALENCIA AVE, R346233 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 940 35,000 35,000 42.00 6305 82ND ST 7424 35TH ST, R346258 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 965 35,000 35,000 42.00 6305 82ND ST 743135TH ST, R346263 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 970 35,000 35,000 42.00 Page 1 Exhibit 2 City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll (Provided by LOAD on 2-8-23) Property 2023 Market 2023 Estimated 2023 Estimated ID Owner Name Mailing Address Property Address Legal Description Value Taxable Value Assessment 6305 82ND ST 7429 36TH ST, R346288 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 995 35,000 35,000 42.00 6305 82ND ST 741136TH ST, R346297 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 1004 35,000 35,000 42.00 6305 82ND ST 3514 VALENCIA AVE, R346244 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 951 35,000 35,000 42.00 6305 82ND ST 3507 VENITA AVE, R346245 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 952 35,000 35,000 42.00 6305 82ND ST 7418 35TH ST, R346259 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 966 35,000 35,000 42.00 6305 82ND ST 7417 36TH ST, R346294 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 1001 35,000 35,000 42.00 6305 82ND ST 7415 36TH ST, R346295 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 1002 35,000 35,000 42.00 6305 82ND ST 3407 URBANA PL, R346220 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 927 35,000 35,000 42.00 6305 82ND ST 3501 VALENCIA AVE, R346237 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 944 35,000 35,000 42.00 6305 82ND ST 7416 35TH ST, R346254 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 961 35,000 35,000 42.00 6305 82ND ST 7423 35TH ST, R346267 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 974 35,000 35,000 42.00 6305 82ND ST 7415 35TH ST, R346271 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 978 35,000 35,000 42.00 6305 82ND ST 7430 36TH ST, R346284 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 991 35,000 35,000 42.00 6305 82ND ST 3403 URBANA PL, R346222 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 929 35,000 35,000 42.00 6305 82ND ST 3513 VALENCIA AVE, R346231 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 938 35,000 35,000 42.00 Page 2 Exhibit 2 City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll (Provided by LCAD on 2-8-23) Property 2023 Market 2023 Estimated 2023 Estimated ID Owner Name Mailing Address Property Address LegalDescription Value Taxable Value Assessment 6305 82ND ST 7420 35TH ST, R346256 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 963 35,000 35,000 42.00 6305 82ND ST 7427 35TH ST, R346265 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 972 35,000 35,000 42.00 6305 82ND ST 7425 36TH ST, R346290 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 997 35,000 35,000 42.00 6305 82ND ST 3502 VALENCIA AVE, R346238 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 945 35,000 35,000 42.00 6305 82ND ST 7413 35TH ST, R346272 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 979 35,000 35,000 42.00 6305 82ND ST 7410 36TH ST, R346274 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 981 35,000 35,000 42.00 6305 82ND ST 7424 36TH ST, R346281 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 988 35,000 35,000 42.00 6305 82ND ST 3512 VALENCIA AVE, R346243 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 950 35,000 35,000 42.00 6305 82ND ST 7428 35TH ST, R346260 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 967 35,000 35,000 42.00 6305 82ND ST 7432 35TH ST, R346261 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 968 35,000 35,000 42.00 6305 82ND ST 7418 36TH ST, R346278 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 985 35,000 35,000 42.00 6305 82ND ST 3401 URBANA PL, R346223 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 930 35,000 35,000 42.00 6305 82ND ST 3414 URBANA PL, R346230 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 937 35,000 35,000 42.00 6305 82ND ST 7425 35TH ST, R346266 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 973 35,000 35,000 42.00 6305 82ND ST 741135TH ST, 1 R346273 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 980 35,000 35,000 42.00 Page 3 Exhibit 2 City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll (Provided by LCAD on 2-8-23) Property 2023 Market 2023 Estimated 2023 Estimated ID Owner Name Mailing Address Property Address LegalDescription Value Taxable Value Assessment 6305 82ND ST 7422 36TH ST, R346280 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 987 35,000 35,000 42.00 6305 82ND ST 3409 URBANA PL, R346219 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 926 35,000 35,000 42.00 6305 82ND ST 3507 VALENCIA AVE, R346234 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 941 35,000 35,000 42.00 6305 82ND ST 742135TH ST, R346268 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 975 35,000 35,000 42.00 6305 82ND ST 7417 35TH ST, R346270 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 977 35,000 35,000 42.00 6305 82ND ST 7432 36TH ST, R346285 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 992 35,000 35,000 42.00 6305 82ND ST 3411 URBANA PL, R346218 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 925 35,000 35,000 42.00 6305 82ND ST 3505 VALENCIA AVE, R346235 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 942 35,000 35,000 42.00 6305 82ND ST 7412 35TH ST, R346252 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 959 35,000 35,000 42.00 6305 82ND ST 7419 35TH ST, R346269 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 976 35,000 35,000 42.00 6305 82ND ST 7433 36TH ST, R346286 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 993 35,000 35,000 42.00 6305 82ND ST 3508 VALENCIA AVE, R346241 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 948 35,000 35,000 42.00 6305 82ND ST 3501 VENITA AVE, R346248 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 955 35,000 35,000 42.00 6305 82ND ST 7418 35TH ST, R346255 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 962 35,000 35,000 42.00 6305 82ND ST 7423 36TH ST, JUPLAND R346291 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 ILUBBOCK, TX 79407 CROSSING L 998 35,000 35,000 42.00 Page 4 Exhibit 2 City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll (Provided by LCAD on 2-8-23) Property 2023 Market 2023 Estimated 2023 Estimated ID Owner Name Mailing Address Property Address Legal Description Value Taxable Value Assessment 6305 82ND ST 730134TH ST, R346298 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING TR N 13,550 13,550 16.26 6305 82ND ST 3504 VALENCIA AVE, R346239 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 946 35,000 35,000 42.00 6305 82ND ST 7422 35TH ST, R346257 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 964 35,000 35,000 42.00 6305 82ND ST 7429 35TH ST, R346264 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 971 35,000 35,000 42.00 6305 82ND ST 7426 36TH ST, R346282 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 989 35,000 35,000 42.00 6305 82ND ST 3410 URBANA PL, R346228 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 935 35,000 35,000 42.00 6305 82ND ST 3412 URBANA PL, R346229 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 936 35,000 35,000 42.00 6305 82ND ST 3510 VALENCIA AVE, R346242 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 949 35,000 35,000 42.00 6305 82ND ST 7420 36TH ST, R346279 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 986 35,000 35,000 42.00 6305 82ND ST 742136TH ST, R346292 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 999 35,000 35,000 42.00 6305 82ND ST 7419 36TH ST, R346293 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 1000 35,000 35,000 42.00 6305 82ND ST 7413 36TH ST, R346296 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 1003 35,000 35,000 42.00 6305 82ND ST 7433 35TH ST, R346262 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 969 35,000 35,000 42.00 6305 82ND ST 7414 36TH ST, R346276 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 983 35,000 35,000 42.00 6305 82ND ST 7416 36TH ST, R346277 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 JLUBBOCKJX 79407 UPLAND CROSSING L 984 35,000 35,000 42.00 Page 5 Exhibit 2 City of Lubbock, TX Finance Department Upland Crossing 2 Public Improvement District 2023 Assessment Roll (Provided by LCAD on 2-8-23) 2023 Market 2023 Estimated 2023 Estimated Property ID Owner Name Mailing Address Property Address LegalDescription Value Taxable Value Assessment 6305 82ND ST 3405 URBANA PL, R346221 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 928 35,000 35,000 42.00 6305 82ND ST 3404 URBANA PL, R346225 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 932 35,000 35,000 42.00 6305 82ND ST 3511 VALENCIA AVE, R346232 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 939 35,000 35,000 42.00 6305 82ND ST 3505 VENITA AVE, R346246 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 953 35,000 35,000 42.00 6305 82ND ST 3401 VENITA AVE, R346250 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 957 35,000 35,000 42.00 6305 82ND ST 7412 36TH ST, R346275 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 982 35,000 35,000 42.00 6305 82ND ST 7427 36TH ST, R346289 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 996 35,000 35,000 42.00 6305 82ND ST 7414 35TH ST, R346253 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 960 35,000 35,000 42.00 6305 82ND ST 743136TH ST, R346287 BETENBOUGH HOMES LLC LUBBOCK, TX 79424-3681 LUBBOCK, TX 79407 UPLAND CROSSING L 994 35,000 35,000 42.00 2,911,7681 2,911,768 $ 3,494 Page 6 FILED AND RECORDED OFFICIAL PUBLIC RECORDS Kelly Pinion County Clerk Lubbock County TEXAS 04/26/2023 03:65 PM FEE: $146.00 2023015106