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HomeMy WebLinkAboutOrdinance - 2015-O0083 - Vintage Township PID - 09/10/2015First Reading August 27, 2015 Second Reading September 10, 2015 Item No. 6.7 Item No. 6.2 ORDINANCE NO. 2015-00083 AN EIGHTH SUPPLEMENTAL ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LUBBOCK UPDATING THE VINTAGE TOWNSHIP PUBLIC IMPROVEMENT DISTRICT SERVICE AND ASSESSMENT PLAN AND ASSESSMENT ROLL. WHEREAS, on January 12, 2007, after notice and a public hearing in the manner required by law, the City Council of the City of Lubbock, Texas (the "City") approved a resolution authorizing the creation of the Vintage Township Public Improvement District (the "District"); and WHEREAS, on June 14, 2007 and June 26, 2007, after notice and a public hearing conducted in the manner required by law, the City Council adopted Ordinance No. 2007-00058 (the "Assessment Ordinance") approving a Service and Assessment Plan and Assessment Roll and the levy of assessments on property in the District; and WHEREAS, on April 24, 2008, the City Council and the Vintage Township Public Facilities Corporation issued bonds secured directly and indirectly, respectively, by the assessments levied pursuant to the Assessment Ordinance; and WHEREAS, Section 372.013 of the Public Improvement District Assessment Act, Chapter 372, Texas Local Government Code (the "PID Act") and the Service and Assessment Plan require that the Service and Assessment Plan and Assessment Roll be annually reviewed and updated; and WHEREAS, Supplemental Ordinances reviewing and updating the Service and Assessment Plan were passed September 11, 2008, September 24, 2009, September 27, 2010, September 27, 2011, September 27, 2012, September 26, 2013, and September 4, 2014; WHEREAS, the Annual Service Plan Update and updated Assessment Roll attached as Exhibit A hereto conform the original Assessment Roll to the principal and interest payment schedule required for the bonds, thereby reducing the amounts listed on the original Assessment Roll, and update the Assessment Roll to reflect repayments, property divisions and changes to the budget allocation fur District public improvements that occur during the year, if any; and WHEREAS, the City Council now desires to proceed with the adoption of this Ordinance which supplements the Assessment Ordinance and approves and adopts the Annual Service Plan Update and the updated Assessment Roll attached thereto, in conformity with the requirements of the PID Act. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS: Section 1. Findines. The findings and determinations set forth in the preambles are hereby incorporated by reference for all purposes. Section 2. Annual Service Plan Update and Assessment Roll. The Annual Service Plan Update and updated Assessment Roll attached hereto as Exhibit A are hereby accepted and approved. Section 3. Effective Date. This Ordinance shall take effect upon passage and execution hereof. AND IT IS SO ORDERED. Passed by the City Council on August 27 2015. Passed by the City Council on second reading onSentember ]0 2015. GL . O E TSON, MAYOR ATTEST: -- P'a" J'X- Rebe ea Garza, City Secretar APPROVED AS TO CONTENT: CA.,& I'.x� Cheryl Brock Executive Director of Budget APPROVED AS TO FORM: Linda L. Chamales Economic Development Attorney LCIc/cityati/Linda/Ordinances/Vintage PID Supplemental Assessment 2015 EXHIBIT A ANNUAL SERVICE PLAN UPDATE AND UPDATED ASSESSMENT ROLL VINTAGE TOWNSHIP PUBLIC IMPROVEMENT DISTRICT LUBBOCK, TEXAS ANNUAL SERVICE PLAN UPDATE AND AMENDMENTS TO THE SERVICE AND ASSESSMENT PLAN August 12, 2015 VINTAGE TOWNSHIP PUBLIC IMPROVEMENT DISTRICT LUBBOCK9TEXAS ANNUAL SERVICE PLAN UPDATE AND AMENDMENTS TO THE SERVICE AND ASSESSMENT PLAN A. Introduction The Vintage Township Public Improvement District (the "PID") was created pursuant to the PID Act and a resolution of the City Council on January 12, 2007 to finance certain public improvement projects for the benefit of the property in the PID. The Vintage Township Public Facilities Corporation Special Revenue Bonds, Series 2008A in the aggregate principal amount of $2,193,000 (the "Series 2008A Bonds") and The Vintage Township Public Facilities Corporation Special Revenue Bonds, Series 2008B in the aggregate principal amount of $1,279,000 (the "Series 2008B Bonds") were issued to finance, refinance, provide or otherwise assist in the acquisition, construction and maintenance of the public improvements provided for the benefit of the property in the PID. A service and assessment plan (the "Service and Assessment Plan") was approved by the City pursuant to Ordinance No. 2007-00058, as amended by Ordinance No. 2008-00005, identifying the public improvements (the "Improvement Project") to be provided by the PID, the costs of the Improvement Projects, the indebtedness to be incurred for the Improvement Projects, and the manner of assessing the property in the PID for the costs of the Improvement Projects. The Service and Assessment Plan is to be reviewed and updated annually. Section 372.015 of the PID Act states that the governing body of the municipality shall apportion the cost of an improvement to be assessed against property in an improvement district, and the apportionment shall be made on the basis of special benefits accruing to the property because of the improvement. Section 372.015(d) provides that the amount of assessment for each property owner may be adjusted following the annual review of the service plan. This document is the update of the Service and Assessment Plan for 2015. The City had an assessment roll (the "Assessment Roll") prepared identifying the assessments on each parcel, based on the method of assessment identified in the Service and Assessment Plan. This Annual Service Plan also explains the update of the Assessment Roll. 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 are binding upon the owners of Assessed Property and their respective transferees, legal representatives, heirs, devisees, successors and assigns. The Assessments have lien priority as specified in the PID Act. 1 B. Update of the Service Plan Annual Budget for the Public Improvements The actual total cost of Improvement Project A is $2,920,808, which represents a reduction in the budget for Improvement Project A included in the Service and Assessment Plan. The actual total cost of Improvement Project B is equal to $1,828,466, which also represents a reduction of the budget for Improvement Project B included in the Service and Assessment Plan. There are budget line item cost revisions for the Improvement Projects as reported by the Developer. The reductions in the budget and the budget line revisions were reflected in prior annual SAP updates. The original and revised budgets for the Improvement Projects are included in Appendix A. The budget includes Improvement Project A and Improvement Project B. As shown by Table A, the PID has incurred indebtedness in the total amount of $3,472,000 in the form of the Series 2008A and Series 2008B Bonds, which are to be repaid from Assessments, and the Developer is to fund the balance of the costs of the Improvement Projects as shown below. Table A Sources and Uses of Funds Public Improvements Sources of Funds: Improvement Proiect A Improvement Project B Total Series A Bonds Series B Bonds Bond proceeds $2,193,000 $1,279,000 $3,472,000 Developer's contribution to Reserve Account $219,300 $0 $219,300 Developer's contribution to Prepayment Reserve Account $40,928 $23,870 $64,798 Other private funds $804,366 $833,286 $1,637,652 Total Sources of Funds $3,257,594 $2,136,156 $5,393,750 Uses of Funds: Improvement project $2,920,808 $1,828,466 $4,749,274 Capitalized Interest Account $61,644 $128,694 $190,338 Collection Costs Account $14,914 $27,226 $42,140 Reserve Account $219,300 $127,900 $347,200 Prepayment Reserve Account $40,928 $0 $40,928 eveloper Sub -Account of the $23,870 $23,870 Prepayment Reserve Account $0 Total Uses of Funds $3,257,594 $2,136,156 $5,393,750 Note: The numbers in this and subsequent tables are in some cases shown rounded to the nearest dollar; however, the calculations are made to the cent. A service plan must cover a period of five years. All of the Improvement Projects are expected to be provided within a period of five years. The anticipated budget for the Improvement Projects over a period of five years and the indebtedness expected to be incurred for these costs is shown by Tables B-1 and B-2. Table B-1 Improvement Project A PID Sources and Uses of Funds 2008-2015 Sources of Funds: Improvement Project A Total Year 2008-2014 Year 2015 Bond proceeds $2,193,000 $0 $2,193,000 Developer's contribution to Reserve Account $219,300 $0 $219,300 Developer's contribution to Prepayment $40,928 $0 $40,928 Reserve Account Other private funds $804,366 $0 $804,366 ID - Sources of Funds $3,257,594 $0 $3,257,594 Uses of Funds: Improvement project $2,920,808 $0 $2,920,808 apitalizedInterestAccount $61,644 $0 $61,644 ollectionCostsAccount $14,914 $0 $14,914 Reserve Account $219,300 $0 $219,300 Prepayment Reserve Account $40,928 $0 $40,928 ID - Uses of Funds $3,257,594 $0 $3,257,59 3 Table B-2 Improvement Project B PID Sources and Uses of Funds 2008-2015 Sources of Funds: Improvement Project B Total Year 2008-2014 Year 2015 Bond proceeds $1,279,000 $0 $1,279,000 Developer's contribution to Prepayment Reserve Account $23,870 $0 $23,870 Other private funds $833,286 $0 $833,286 PID - Sources of Funds $2,136,156 $0 $2,136,156 Uses of Funds: Improvement project $1,828,466 $0 $1,828,466 Capitalized Interest Account $128,694 $0 $128,694 Collection Costs Account $27,226 $0 $27,226 Reserve Account $127,900 $0 $127,900 Developer Sub -Account of the Prepayment Reserve Account $23,870 $0 $23,870 ID - Uses of Funds $2,136,156 $0 $2,136,156 Debt Service and Collection Costs The 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 with the tax year following the issuance of the Bonds. Pursuant to the Service and Assessment Plan, each Assessment shall bear interest at the rate on the Bonds with a maximum of nine percent per annum commencing with the issuance of the Bonds. The interest rate on the Bonds is 7.375 percent per annum. Accordingly, the interest rate on the Bonds is used to calculate the interest on the Assessments. These payments, the "Annual Installments" of the Assessments, shall be billed by the City in 2015 and will be delinquent on February 1, 2016. Pursuant to the Service and Assessment Plan, the Annual Service Plan Update shall show the remaining balance of the Assessments for each parcel and the Annual Installments and Annual Collection Costs to be collected from each Parcel. Annual Collection Costs shall be allocated to each Parcel pro rata based upon the amount the Annual Installment on a Parcel bears to the amount of Annual Installments in the PID as a whole that are payable at the time of such allocation. Each Annual Installment shall be reduced by any credits applied under an applicable Bond Ordinance, such as capitalized interest and interest earnings on any account balances and by any other funds available to the PID. Annual Budget for the Repayment of Indebtedness Debt service is to be paid on the Bonds from the collection of the Annual Installments. The interest rate to be paid on the Bonds is 7.375%. In addition, "Collection Costs" are to be collected with the Annual Installments to pay expenses related to the collection of the Annual Installments. The budget for the PID to be paid from the collection of Annual Installments for 2015 is shown by Table C. Table C Budget for the Annual Installments To be collected for 2015 1 — Available lAnecuon LOSES Account Winces not July it, LUIS are not Included In the calculation of the annual installment to be collected as the balance is expected to be used for the payment of collection costs for the remainder of the current assessment year and any remaining balance will be used as contingency for unexpected collection costs. 2 — The amounts shown are rounded to the nearest dollar, whereas calculations are to the cent. As explained above, the interest rate on the Series 2008A Bonds is 7.375 percent per annum, which is used to calculate the interest on the Assessment Part A. I) Annual Installments to be collected from previously subdivided lots The Assessment Part A per Equivalent Unit for all lots other than the newly subdivided phase three lots is calculated as $6,294 based on the revised number of units to be developed. The Assessment Part A applicable for each Land Use Class, which is calculated by multiplying the Assessment Part A per Equivalent Unit by the Equivalent Units of each Land Use Class, and the interest on the Assessment due to be collected for 2015 are shown in Table D below. Improvement Project Improvement Project Total2 A B Series 2008A Bonds2 Series 2008B Bonds2 Interest payment on April 1, 2016 $76,738 $0 $76,738 Interest payment on October I, 2016 $76,738 $0 $76,738 Principal payment on October 1, 2016 $15,000 $0 $15,000 Subtotal Debt Service on Bonds $168,477 $0 $168,477 Annual Collection Costs $17,000 $0 $17,000 Subtotal Expenses $185,477 $0 $185,477 Available Capitalized Interest Account $0 $0 $0 Available Collection Costs Account' $0 $0 $0 Subtotal Funds Available $0 $0 $0 Annual Installment to be Collected $185,477 $0 $185,477 1 — Available lAnecuon LOSES Account Winces not July it, LUIS are not Included In the calculation of the annual installment to be collected as the balance is expected to be used for the payment of collection costs for the remainder of the current assessment year and any remaining balance will be used as contingency for unexpected collection costs. 2 — The amounts shown are rounded to the nearest dollar, whereas calculations are to the cent. As explained above, the interest rate on the Series 2008A Bonds is 7.375 percent per annum, which is used to calculate the interest on the Assessment Part A. I) Annual Installments to be collected from previously subdivided lots The Assessment Part A per Equivalent Unit for all lots other than the newly subdivided phase three lots is calculated as $6,294 based on the revised number of units to be developed. The Assessment Part A applicable for each Land Use Class, which is calculated by multiplying the Assessment Part A per Equivalent Unit by the Equivalent Units of each Land Use Class, and the interest on the Assessment due to be collected for 2015 are shown in Table D below. Table D Interest Due on Assessment Part A To be collected for 2015 - I he amounts shown are rounded to the nearest dollar, whereas calculations are to the cent. The Assessment Part A due for 2015 is $15,000, which represents the principal amount due on the Series 2008A Bonds on October 1, 2016. The Total Assessment Part A outstanding is shown as $2,081,041 in Appendix B after the regular principal payment on October 1, 2015. Accordingly, the Assessment Part A due for 2015 is 0.7208 percent of the outstanding Assessment Part A (i.e., $15,000 - $2,081,041 = 0.7208%). The Assessment Part A due to be collected from each Land Use Class for 2015 is shown in Table E below. Table E Assessment Part A Due - To be collected for 2015 Assessment Percentage Assessment Assessment Interest Land Use Class EUI EU Part A Interest Due Land Use Class 1 per 0.7208% erunit I Rate perUnit Land Use Class 1 $6,294 1.00 $6,294 7.375% $464.21 Land Use Class 2 $6,294 1.66 $10,449 7.375% $770.59 Land Use Class 3 $6,294 2.29 $14,414 7.375% $1,063.04 - I he amounts shown are rounded to the nearest dollar, whereas calculations are to the cent. The Assessment Part A due for 2015 is $15,000, which represents the principal amount due on the Series 2008A Bonds on October 1, 2016. The Total Assessment Part A outstanding is shown as $2,081,041 in Appendix B after the regular principal payment on October 1, 2015. Accordingly, the Assessment Part A due for 2015 is 0.7208 percent of the outstanding Assessment Part A (i.e., $15,000 - $2,081,041 = 0.7208%). The Assessment Part A due to be collected from each Land Use Class for 2015 is shown in Table E below. Table E Assessment Part A Due - To be collected for 2015 e amounts shown are roun a tote nearest o ar, w ereas ca cu auons ere to t e cent. The Annual Collection Costs for the collection of Assessment Part A are estimated to be $17,000. The total outstanding Assessment Part A is shown as $2,081,041 in Appendix B. Accordingly, the Annual Collection Costs due for 2015 is 0.8169 percent of the outstanding Assessment Part A (i.e., $17,000 - $2,081,041 = 0.8169%). The Annual Collection Costs to be collected for 2015 is shown in Table F below. Table F Annual Collection Costs for Assessment Part A To be collected for 2015 Land Use Class Assessment Percentage Assessment Land Use Class Part A Percentage Part A Due per unitl Per Unit Land Use Class 1 $6,294 0.7208% $45.37 Land Use Class 2 $10,449 0.7208% $75.31 Land Use Class 3 $14,414 0.7208% $103.90 e amounts shown are roun a tote nearest o ar, w ereas ca cu auons ere to t e cent. The Annual Collection Costs for the collection of Assessment Part A are estimated to be $17,000. The total outstanding Assessment Part A is shown as $2,081,041 in Appendix B. Accordingly, the Annual Collection Costs due for 2015 is 0.8169 percent of the outstanding Assessment Part A (i.e., $17,000 - $2,081,041 = 0.8169%). The Annual Collection Costs to be collected for 2015 is shown in Table F below. Table F Annual Collection Costs for Assessment Part A To be collected for 2015 Land Use Class Assessment Part A I Percentage Annual Collection per unit Costs per Unit Land Use Class 1 $6,294 0.8169% $51.42 Land Use Class 2 $10,449 0.8169% $85.35 Land Use Class 3 $14,414 0.8169% $117.75 e amounts shown are roMed to the nearest dollar, whereas ca cu anon are tote cent. In summary, the Annual Installment Part A to be collected for 2015, which includes interest, Assessment Part A and Annual Collection Costs, is shown Table G below. Table G Annual Installment Part A To be collected for 2015 As of April 1, 2014, all outstanding Assessment Part B were prepaid and the corresponding Series 2008B Bonds were fully redeemed with proceeds of the prepayments. As a result, Assessment Part B is no longer collected from the parcels in the PID. 2) Annual Installments to be collected from newly subdivided lots in Phase Three The Assessment Part A per Equivalent Unit amounts allocated to the newly subdivided lots in phase three was $6,316 as shown in the Update of the Assessment Roll section of this annual update. This amount is slightly higher than the Assessment Part A and per Equivalent Unit amount of $6,294 allocated to all previously subdivided lots. As a result, the Annual Installment amounts due from the newly subdivided lots in phase three are calculated separately based on the Assessment amounts allocated to each of these newly subdivided parcels as shown below. The Assessment Part A per Equivalent Unit for the newly subdivided phase three lots is calculated as $6,316 as shown in the Update of the Assessment Roll section of this annual update. The Assessment Part A applicable for each Land Use Class, which is calculated by multiplying the Assessment Part A per Equivalent Unit by the Equivalent Units of each Land Use Class, and the interest on the Assessment due to be collected from each of the newly subdivided lots for 2015 are shown in Table H below. Table H Interest Due on Assessment Part A — Phase 3 Lots To be collected for 2015 Interest Assessment Annual Collection Annual Land Use Class due per Part A due Costs Installment Part A Interest Rate Unit per Unit Per Unit per Unit Land Use Class 1 $464.21 $45.37 $51.42 $561.00 Land Use Class 2 $770.59 $75.31 $85.35 $931.25 Land Use Class 3 $1,063.04 $103.90 $117.75 $1,284.69 As of April 1, 2014, all outstanding Assessment Part B were prepaid and the corresponding Series 2008B Bonds were fully redeemed with proceeds of the prepayments. As a result, Assessment Part B is no longer collected from the parcels in the PID. 2) Annual Installments to be collected from newly subdivided lots in Phase Three The Assessment Part A per Equivalent Unit amounts allocated to the newly subdivided lots in phase three was $6,316 as shown in the Update of the Assessment Roll section of this annual update. This amount is slightly higher than the Assessment Part A and per Equivalent Unit amount of $6,294 allocated to all previously subdivided lots. As a result, the Annual Installment amounts due from the newly subdivided lots in phase three are calculated separately based on the Assessment amounts allocated to each of these newly subdivided parcels as shown below. The Assessment Part A per Equivalent Unit for the newly subdivided phase three lots is calculated as $6,316 as shown in the Update of the Assessment Roll section of this annual update. The Assessment Part A applicable for each Land Use Class, which is calculated by multiplying the Assessment Part A per Equivalent Unit by the Equivalent Units of each Land Use Class, and the interest on the Assessment due to be collected from each of the newly subdivided lots for 2015 are shown in Table H below. Table H Interest Due on Assessment Part A — Phase 3 Lots To be collected for 2015 7 Assessment Assessment Assessment Interest Land Use Class per EU EU Part A Interest Rate Due er unit per Unit Land Use Class 1 $6,316 1.00 $6,316 7.375% $465.83 Land Use Class 2 $6,316 1.66 $10,485 7.375% $773.28 Land Use Class 3 $6,316 2.29 $14,464 7.375% $1,066.75 7 The Assessment Part A due for 2015 is $15,000, which represents the principal amount due on the Series 2008A Bonds on October 1, 2016. The Total Assessment Part A outstanding is shown as $2,081,041 in Appendix B. Accordingly, the Assessment Part A due for 2015 is 0.7208 percent of the outstanding Assessment Part A (i.e., $15,000 _ $2,081,041 = 0.7208°/6). The Assessment Part A due to be collected for 2015 from each of the newly subdivided lots is shown in Table I below. Table I Assessment Part A Due — Phase 3 Lots To be collected for 2015 e amounts s own are roup a tote nearest clonar, whereas; calcuiatioms are to t e cent. The Annual Collection Costs for the collection of Assessment Part A are estimated to be $17,000. The total outstanding Assessment Part A is shown as $2,081,041 in Appendix B. Accordingly, the Annual Collection Costs due for 2015 is 0.8169 percent of the outstanding Assessment Part A (i.e., $17,000 - $2,081,041 = 0.8169%). The Annual Collection Costs to be collected for 2015 from the newly subdivided lots is shown in Table J below. Table J Annual Collection Costs for Assessment Part A — Phase 3 Lots To be collected for 2015 Assessment Assessment Land Use Class Part A Percentage Part A Due per unit] Per Unit Land Use Class 1 $6,316 0.7208% $45.53 Land Use Class 2 $10,485 0.7208% $75.58 Land Use Class 3 $14,464 0.7208% $104.26 e amounts s own are roup a tote nearest clonar, whereas; calcuiatioms are to t e cent. The Annual Collection Costs for the collection of Assessment Part A are estimated to be $17,000. The total outstanding Assessment Part A is shown as $2,081,041 in Appendix B. Accordingly, the Annual Collection Costs due for 2015 is 0.8169 percent of the outstanding Assessment Part A (i.e., $17,000 - $2,081,041 = 0.8169%). The Annual Collection Costs to be collected for 2015 from the newly subdivided lots is shown in Table J below. Table J Annual Collection Costs for Assessment Part A — Phase 3 Lots To be collected for 2015 t - t ne amounts shown are rounaea to the nearest aouar, whereas calculations are to the cent. In summary, the Annual Installment Part A to be collected for 2015 from each of the newly subdivided lots, which includes interest, Assessment Part A and Annual Collection Costs, is shown Table K below. Assessment Annual Land Use Class Part A Percentage Collection per unit] Costs per Unit Land Use Class 1 $6,316 0.8169% $51.60 Land Use Class 2 $10,485 0.8169% $85.65 Land Use Class 3 $14,464 0.8169% $118.16 t - t ne amounts shown are rounaea to the nearest aouar, whereas calculations are to the cent. In summary, the Annual Installment Part A to be collected for 2015 from each of the newly subdivided lots, which includes interest, Assessment Part A and Annual Collection Costs, is shown Table K below. Table K Annual Installment Part A — Phase 3 Lots To be collected for 2015 There is no Annual Installment Part B to be collected from the newly subdivided lots. C. Update of the Assessment Plan The Service and Assessment Plan provided for the "Assessed Property" to be classified into one of three categories for purpose of allocating the Assessments, as follows: (i) Land Use Class 1, (ii) Land Use Class 2, and (iii) Land Use Class 3. Land Use Class 1 consists of residential dwelling units of 2,100 square feet of living area or less. Land Use Class 2 consists of residential dwelling units with between 2,100 and 3,000 square feet of living area. Land Use Class 3 consists of residential dwelling units with greater than 3,000 square feet of living area. The Service and Assessment Plan identified Equivalent Units for each lot in each land use class as follows: Land Use Class 1 Lots Land Use Class 2 Lots Land Use Class 3 Lots 1.00 per dwelling unit 1.66 per dwelling unit 2.29 per dwelling unit The equivalent unit factors are the ratio of the Assessments as allocated to each lot in each property class. These equivalent unit factors were based on the relative size of the average unit in each class. This method of assessing property has not been changed and Assessed Property will continue to be assessed as provided for in the Service and Assessment Plan. D. Update of the Assessment Roll The Assessment Roll is to be updated each year to reflect: The identification of each Assessed Parcel in the PID (including, if available, the tax parcel identification number for such Parcel), (ii) the Assessments, including any adjustments as Interest Assessment Annual Annual Land Use Class due per PartA due Collection Installment Unit per Unit Costs Part A Per Unit per Unit Land Use Class 1 $465.83 $45.53 $51.60 $562.96 Land Use Class 2 $773.28 $75.58 $85.65 $934.51 Land Use Class 3 $1,066.75 1 $104.26 1 $118.16 $1,289.17 There is no Annual Installment Part B to be collected from the newly subdivided lots. C. Update of the Assessment Plan The Service and Assessment Plan provided for the "Assessed Property" to be classified into one of three categories for purpose of allocating the Assessments, as follows: (i) Land Use Class 1, (ii) Land Use Class 2, and (iii) Land Use Class 3. Land Use Class 1 consists of residential dwelling units of 2,100 square feet of living area or less. Land Use Class 2 consists of residential dwelling units with between 2,100 and 3,000 square feet of living area. Land Use Class 3 consists of residential dwelling units with greater than 3,000 square feet of living area. The Service and Assessment Plan identified Equivalent Units for each lot in each land use class as follows: Land Use Class 1 Lots Land Use Class 2 Lots Land Use Class 3 Lots 1.00 per dwelling unit 1.66 per dwelling unit 2.29 per dwelling unit The equivalent unit factors are the ratio of the Assessments as allocated to each lot in each property class. These equivalent unit factors were based on the relative size of the average unit in each class. This method of assessing property has not been changed and Assessed Property will continue to be assessed as provided for in the Service and Assessment Plan. D. Update of the Assessment Roll The Assessment Roll is to be updated each year to reflect: The identification of each Assessed Parcel in the PID (including, if available, the tax parcel identification number for such Parcel), (ii) the Assessments, including any adjustments as provided for in this Service and Assessment Plan; (iii) the Annual Installment for the relevant year (if such Assessment is payable) for each Parcel; (iv) prepayments of the Assessments as provided for in this Service and Assessment Plan and (B) any other changes helpful to the administration of the PID and permitted by law. The Assessment Roll and a summary of the Assessment Roll are shown in Appendix E. Each parcel in the PID is identified, along with the Assessment on each Parcel and the Annual Installment to be collected from each parcel in each Improvement Area. Assessments are to be reallocated for the subdivision of any parcels. 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 following formula: A=Bx(C+D) Where the terms have the following meanings: A = the Assessment for each new subdivided Parcel. B = the Assessment for the Parcel prior to subdivision. C = the Equivalent Units allocated to each newly subdivided Parcel D = the sum of the Equivalent Units for all of the new subdivided Parcels There have been no additional parcel subdivisions within the PID applicable to the Annual Installments to be collected for 2015. According to the Service and Assessment Plan, upon the consolidation of two or more Parcels, the Assessment Part A and Assessment Part B for the consolidated Parcel shall be the sum of the Assessment Part A and Assessment Part B prior to the consolidation, with each calculated separately. According to the Lubbock Central Appraisal District, Parcels R318307 and R318308 (both Land Use Class 1 lots) were consolidated and replatted as Parcel R318307 and Parcels R318313 and R318314 (both Land Use Class 1 lots) were consolidated and replatted as Parcel R318314 in 2013. According to the Lubbock Central Appraisal District, Parcels R318328 and 8318329 (Land Use Class 2 and Land Use Class 1 lots, respectively) were consolidated as Parcel R318328 in 2014. As a result, the consolidated Assessment Part A for the three newly consolidated parcels is shown in Table L below. 10 Table L Annual Installment Part A before and after consolidation Prior to Consolidation After Consolidation Annual Annual Assessment Installment Assessment Installment Parcel Part A Part A Parcel Part A Part A R318307 $6,316 $562.96 R318308 $6,316 $562.96 R318307 $12,633 $1,125.92 R318313 $6,316 $562.96 R318314 $6,316 $562.96 R318314 $12,633 $1,125.92 R318328 $10,485 $934.51 R318329 $6,316 $562.96 8318328 $16,801 $1,497.47 Total $42,067 1 $3,749.31 Total 1 $42,0671 $3,749.31 As shown in Table M, the Annual Installment Part A due from each newly subdivided Land Use Class 1 lot is $562.96. As a result, the total Annual Installment Part A Due from Parcels R318307 and R318314 after the consolidation is $1,125.92 (i.e., $562.96 + $562.96 = $1,125.92) each and the total Annual Installment Part A Due from Parcel R318328 after the consolidation is $1,497.47 (i.e., $934.51 + $562.96 = $1,497.47) as shown in Table L. Assessment Part A has been prepaid for nine lots through July 31, 2015. Each of these prepaid lots is marked as such in the Assessment Roll summary attached hereto as Appendix B. According to the trustee for the Bonds, Series 2008A Bonds in the total amount of $78,000 have been redeemed with the prepayment proceeds as of July 31, 2015. Assessment Part B has been prepaid for all parcels as of July 31, 2015. Each of these prepaid lots is marked as such in the Assessment Roll summary attached hereto as Appendix B. Series 2008B Bonds in the total amount of $1,274,000 were redeemed with prepayment proceeds through July 1, 2015. The complete Assessment Roll updated as described herein is available at the City of Lubbock, Municipal Complex, 1625 13th Street, Lubbock, Texas 79401. E. Updates of Miscellaneous Provisions There are no additional updates to be included in the Annual Service Plan update for 2015. Appendix A The Improvement Project e budget changes ares own to the most recent developer s payment requests su conte to t e uustee. a amounts shown are rounde to the nearest dollar. These costs are estimated and the actual costs may be different than estimates. Costs in one line item may be reallocated to another line item to reflect the actual costs incurred. 12 Improvement Project A Improvement Project B Original Budget Revised Original Budget Revised Budget Changes( Budget Budget Changes' Budget Land $0 $0 $ $390,000 ($247,090) $142,91 Site Preparation $288,511 $355,780 $644,291 $79,906 $88,055 $167,961 Drainage $136,232 ($136,232) $ $136,232 ($102,637) $33,595 Streets and alleys $0 $0 $ $706,430 $4,206 $710,63 Walkways $0 $0 $ $59,523 ($59,523) $ Water and sewer $0 $0 $ $752,265 ($409,645) $342,62 Lighting and street signs $154,683 ($25,693) $128,99 $4,107 $681 $4,78 Signage and monumentation $9,795 ($9,475) $32 $0 $3,015 $3,01 Park features $1,081,340 ($7,593) $1,073,74 $0 $0 $ Roundabouts $67,795 $19,517 $87,31 $0 $0 $ Street trees and irrigation $412,091 ($213,590) $198,501 $0 $0 $ Sub -total hard costs $2,150,447 ($17,286) $2,133,161 $2,128,463 ($722,938) $1,405,52 Project administration $84,884 $529 $85,413 $11,577 $25,029 $36,60 Master planning $67,012 $199,424 $266,436 $0 $73,946 $73,94 Architectural design $102,862 ($102,862) $ $130 ($130) $ Engineering (civil) $239,216 $169,311 $408,527 $235,905 $59,500 $295,40 Engineering (other) $4,210 $3,464 $7,674 $8,952 ($5,207) $3,745 Legal fees $7,720 $5,640 $13,360 $1,278 ($1,278) $ Regulatory and impact fees $8,032 ($5,902) $2,130 $20,563 ($7,324) $13,23 Insurance and bonding $0 $4,107 $4,10 $0 $0 $ Sub -total soft costs $513,936 $273,711 $787,647 $278,405 $144,536 $422,94 ontingency $266,439 ($266,439) $ $248,901 ($248,901) $ Total $2,930,822 ($10,014) $2,920,808 $2,655,769 ($827,303) $1,828,46 e budget changes ares own to the most recent developer s payment requests su conte to t e uustee. a amounts shown are rounde to the nearest dollar. These costs are estimated and the actual costs may be different than estimates. Costs in one line item may be reallocated to another line item to reflect the actual costs incurred. 12 Appendix B Assessment Roll Summary 13 Appendix R ASSESSMENT ROLL SUMMARY Vintage Public Improvement District 2015 Summary R-1 Annual Installment Part A Annual Installment Part B Total Tax Reference Equivalent Assessments Collection Collection Collection Pan Pan Total No. Lot No. Units P&I Costs Total P&1 Costs Tom] P&I Costs Total 11310559 1 0 $0 $0 SO $0.00 $0.00 $0.00 50.00 50.00 $0.00 $0.00 $0.00 $0.00 R310560 2 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 50.00 $509.58 $51.42 $561.00 R310561 3 1 $6,294 SO $6,294 $509.58 551.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 5561.00 R310562 4 1 $6,294 SO $6,294 $509.58 $51.42 5561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 8310563 5 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 8310564 6 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 50.00 $509.58 $51.42 $56100 R310565 7 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 50.00 $0.00 $0.00 $509.58 $51.42 $56100 R310566 8 1 $6,294 $0 56,294 $509.58 $51.42 5561.00 50.00 $0.00 $0.00 5509.58 $51.42 $561.00 R310567 9 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $5142 $561.00 R310568 10 I 56,294 $0 $6294 $509.58 $51.42 $561.00 $0.00 $0.00 Slim $509.58 551.42 $561.00 R310569 11 1 $6,294 SO $6,294 5509.58 $51.42 $561.00 50.00 $0.00 50.00 $509.58 $51.42 $56100 R310570 12 1 $6,294 SO $6,294 $509.58 $51.42 $561.00 $0.00 50.00 50.00 $509.58 $51.42 $56100 R310571 13 1 56,294 SO $6,294 $509.58 551.42 $561.00 $0.00 $0.00 50.00 $509.58 $51.42 $561.00 8310572 14 1 $6,294 SO 56,294 $509.58 551.42 5561.00 $0.00 50.00 $0.00 $509.58 $51.42 $561.00 R310573 15 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 50.00 50.00 $0.00 $509.58 $51.42 $56100 R310574 16 1 $6,294 $0 56,294 5509.58 $51.42 5561.00 $0.00 $0.00 $0.00 $509.58 551.42 $561.00 R310575 17 1 56,294 $0 $6,294 5509.58 551.42 5561.00 $0.00 $0.00 50.00 $509.58 $51.42 5561.00 R310576 IS 1 $6,294 $0 56,294 5509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 551.42 $561.00 R310577 19 1 56,294 $0 $6,294 $509.58 $51,42 $561.00 50.00 50.00 $0.00 $509.58 $51.42 $561.00 R310578 20 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 50.00 $0.00 $509.58 $51.42 $561.00 R310579 21 I $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $56100 R310580 22 1 $6,294 $0 $6,294 $509.58 $51.42 5561.00 50.00 $0.00 $0.00 $509.58 $51.42 $56100 R310581 23 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 5509.58 551.42 $56100 R310582 24 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 551.42 5561.00 R310583 25 1.66 $10,449 $0 $10,449 $845.90 $85.35 $931.25 $0.00 50.00 $0.00 $845.90 $85.35 $931.25 8310584 26 1 $6,294 SO $6,294 $509.58 $51.42 $561.00 $0.00 50.00 $0.00 $509.58 $51.42 $561.00 R310585 27 1 $6,294 $0 $6,294 5509.58 $51.42 $561.00 $0.00 50.00 $0.00 $509.58 551.42 $561.00 8310586 28 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 R310587 29 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $000 $509.58 $51.42 $561.00 R310588 30 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 R310589 31 0 $0 $0 $0 50.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 R310590 32 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 11310591 33 1 $6,294 $0 $6,294 $509.58 $51.42 5561.00 $0.00 SO.00 $0.00 $509.58 $51.42 $561.00 R310592 34 1 $6,294 SO $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 R310593 35 1 $6,294 SO $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 50.00 $509.58 $51.42 $561.00 11310594 36 1 $6,294 SO $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 R310595 37 1 $6,294 SO 56,294 $509.58 551.42 $561.00 $0.00 50.00 50.00 $509.58 551.42 $561.00 R310596 38 1 $6,294 $0 $6,294 $509.58 551.42 $561.00 50.00 $0.00 $0.00 $509.58 551.42 $561.00 R310597 39 1 56,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 551.42 $561.00 R310598 40 1 $6,294 50 $6,294 5509.58 $51.42 5561.00 $0.00 $0.00 50.00 $509.58 $5L42 $561.00 R310599 41 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 50.00 $0.00 $509.58 $51.42 $561.00 8310600 42 1 $6,294 $0 $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 50.00 $509.58 551.42 $561.00 R310601 43 1 $6,294 SO $6,294 $509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 5561.00 R310602 44 1 $6,294 $0 56,294 $509.58 $51.42 $561.00 50.00 $0.00 WOO $509.58 $51.42 $561.00 R310603 45 1 $6,294 SO 56,294 $509.58 S5L42 $561.00 $0.00 50.00 $0.00 $509.58 $51.42 $561.00 R310604 1 46 1 I 1 $6,294 1 $0 1 $6,294 1 5509.58 1 $51.42 1 $561.00 $0.00 $0.00 $0.00 1 $509.58 1 551.42 I 5561.00 R-1 Appendix B ASSESSMENT ROLL SUMMARY Vintage Public Improvement District 2015 Summary b -L Annual Installment Pan A Annual Installment Parr B Total Tex Reference Fquivalenl Assessments Collection Collection Collection Part A Part B Total No. Lot No. Units P&1 Costs Total P&1 Costs Total P&I Costs Total R310605 47 1 Prepaid $0 Prepaid Prepaid Prepaid Prepaid $0.00 $0.00 $0.00 Prepaid Prepaid Prepaid 8310606 48 0 $0 $0 $0 50.00 $0.00 50.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 R310607 49 2.29 Prepaid $0 Prepaid Prepaid Prepaid Prepaid $0.00 $0.00 S0.00 Prepaid Prepaid Prepaid 8310608 50 2.29 $14,414 $0 $14,414 $1,166.94 $117.75 $1,284.69 $0.00 $0.00 50.00 51,166.94 S117.75 $1,284.69 R310609 51 2.29 $14,414 SO S11J14 $1,166.94 $117.75 51,284.69 $0.00 $0.00 $0.00 $1,166.94 $11775 51,284.69 R310610 52 2.29 $14,414 SO 514,414 $1,166.94 $117.75 $1,284.69 $0.00 $0.00 S0.00 $1,166.94 $117.75 $1,284.69 R310611 53 2.29 $14,414 SO $14,414 $1,166.94 $117.75 $1,284.69 50.00 $0.00 $0.00 $1,166.94 $117.75 $1,284.69 R310612 54 1.66 $10,449 $0 S10,449 S845.90 $85.35 $931.25 $0.00 $0.00 50.00 $945.90 $85.35 $931.25 R310613 55 1.66 $10,449 $0 $10,449 $945.90 $85.35 $931.25 $0.00 50.00 $0.00 $845.90 $85.35 $931.25 8310614 56 1.66 510,449 $0 $10,449 $945.90 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 5931.25 R310615 57 1.66 SI0,449 $0 $10,449 $845.90 585.35 S931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310616 58 0 $0 SO SO S0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 R310622 59 0 $0 $0 SO $0.00 50.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 R310623 60 1.66 $10,449 $0 $10,449 $845.90 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310624 61 1.66 $10,449 $0 $10,449 $945.90 $85.35 S931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310625 62 1.66 $10,449 SO $10,449 $845.90 $85.35 5931.25 $0.00 $0.00 $0.00 5845.90 $85.35 $931.25 8310626 63 1.66 $10,449 $0 $10,449 $845.90 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 8310627 64 1 56,294 $0 $6,294 $509.58 551.42 $561.00 $0.00 $0.00 50.00 5509.58 $51.42 $561.00 R310628 65 1 Prepaid SO Prepaid Prepaid Prepaid Prepaid $0.00 $0.00 $0.00 Prepaid Prepaid Prepaid R310629 66 1 Prepaid SO Prepaid Prepaid Prepaid Prepaid $0.00 50.00 $0.00 Prepaid Prepaid Prepaid R310630 67 1 $6,294 SO $6,294 $509.58 551.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 R310631 68 1 $6,294 SO S6,294 $509.58 $51.42 $561.00 $0.00 50.00 $0.00 $509.58 $51.42 $561.00 R310632 69 1.66 510,449 $0 $10,449 $845.90 $85.35 5931.25 $0.00 $0.00 $0.00 $945.90 $85.35 $931.25 R310633 70 1 S6,294 $0 $6,294 8509.58 $51.42 $561.00 $0.00 $0.00 50.00 $509.58 $51.42 $561.00 R310634 71 1 Prepaid SO Prepaid Prepaid Prepaid Prepaid 50.00 50.00 $0.00 Prepaid Prepaid Prepaid R310635 72 1 Prepaid $0 Prepaid Prepaid Prepaid Prepaid 50.00 $0.00 $0.00 Prepaid Prepaid Prepaid R310636 73 1 $6,294 $0 $6,294 5509.58 $51.42 $561.00 50.00 $0.00 $0.00 $509.58 $51.42 $561.00 R310637 74 1.66 Prepaid $0 Prepaid Prepaid Prepaid Prepaid 50.00 $0.00 $0.00 Prepaid Prepaid Prepaid 8310638 75 2.29 $14,414 $0 S14A14 $1,166.94 5117.75 $1,284.69 $0.00 $0.00 Saw 51,166.94 $117.75 $1,284.69 R310639 76 2.29 $14,414 $0 514,414 $1,166.94 $117.75 $1,284.69 $0.00 $0.00 $0.00 $1,16694 $117.75 $1,284.69 R310640 77 2.29 $14,414 $0 S14,414 $1,166.94 $117.75 S1,284.69 $0.00 50.00 50.00 $1,166.94 $117.75 $1,284.69 R310641 78 1.66 $10,449 SO 510,449 $845.90 $85.35 5931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310642 79 1.66 $10,449 $0 S10,449 $845.90 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310643 80 1.66 $10,449 SO 510,449 $845.90 $85.35 $931.25 50.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310644 81 1.66 $10,449 SO $10,449 $845.90 $85.35 $931.25 $0.00 $0.00 $0.00 8845.90 $8535 S93L25 R310645 82 1.66 $10,449 $0 $10,449 $845.90 $85.35 $931.25 $0.00 $0.00 $0.00 5845.90 $85.35 $931.25 R310646 83 1.66 $10,449 so $10,449 S845.90 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310647 84 2.29 $14,414 $0 $14,414 S1,166.94 S117.75 $1,284.69 $0.00 $0.00 $0.00 $1,166.94 $117.75 $1,284.69 8310648 85 2.29 $14,414 $0 $14,414 51,166.94 $117.75 $1,284.69 $0.00 $0.00 $0.00 $1,166.94 $117.75 $1,284.69 8310649 86 1.66 $10,449 $0 $10,449 $945.90 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310650 87 2.29 $14,414 $0 $14,414 $1,166.94 $117.75 $1,284.69 $0.00 50.00 $0.00 $1,166.94 $117.75 $1,284.69 R310651 88 0 $0 $0 $0 $0.00 50.00 $0.00 $0.00 S0.00 $0.00 $0.00 $0.00 $0.00 R310652 89 2.29 $14,414 $0 $14,414 $1,166.94 $117.75 $1,284.69 $0.00 50.00 $0.00 $1,166.94 $117.75 $1,284.69 R310653 90 1 $6,294 $0 $6,294 5509.58 $51.42 $56100 50.00 $0.00 $0.00 $509.58 $51.42 $561.00 R310654 91 1.66 510,449 $0 510,449 5845.90 S85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310655 1 92 1 1.66 1 510,449 I SO 1 $10,449 1 $945.90 1 $85.35 1 S931.25 1 $0.00 1 $0.00 $0.00 $845.90 1 $85.35 1 $931.25 b -L Appendix B ASSESSMENT ROLL SUMMARY Vintage Public Improvement District 2015 Summary B-3 Annual Installment Part A Annual Installment Part B Total Tax Reference Equivalent Assessments Collection Collection Collection Pan A Pan B Total No. Lot No. Units P&I Costs Total P&1 Costs Total P&1 Costs Total 8310656 93 1 $6,294 $0 $6,294 5509.58 $51.42 $561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 8310657 94 1.66 $10,449 SO SI0,449 $845.90 $85.35 $931.25 $0.00 50.00 $0.00 $845.90 $85.35 $931.25 R310658 95 1.66 Prepaid $0 Prepaid Prepaid Prepaid Prepaid $0.00 $0.00 $0.00 Prepaid Prepaid Prepaid R310659 96 1.66 $10,449 $0 $10,449 $845.90 $85.35 $931.25 50.00 $0.00 $0.00 $845.90 $85.35 $931.25 8310660 97 1.66 510,449 SO SI0,449 $845.90 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310661 98 1.66 $10,449 SO SI0,449 $945.90 585.35 S93L25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 8310662 99 1.66 $10,449 SO 510,449 $945.90 $85.35 $931.25 $0.00 50.00 50.00 $945.90 585.35 $931.25 8310663 100 1.66 $10,449 SO 510,449 5845.90 $85.35 5931.25 50.00 $0.00 $0.00 $845.90 $85.35 $931.25 8310664 101 2.29 $14,414 $0 514,414 $1,166.94 5117.75 $1,284.69 $0.00 $0.00 $0.00 $1,166.94 $117.75 $1,284.69 R310665 102 1.66 $10,449 $0 510,449 $84590 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310666 103 1.66 $10,449 SO $10,449 $845.90 $85.35 5931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310667 104 1.66 $10,449 SO $10,449 $845.90 $85.35 5931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310668 105 1.66 $10,449 SO $10,449 $845.90 $85.35 5931.25 $0.00 $0.00 $0.00 $845.90 585.35 $931.25 1310669 106 1.66 $10,449 SO $10,449 $845.90 $85.35 $931.25 50.00 $0.00 $0.00 5845.90 $85.35 $931.25 R310670 107 I $6,294 SO $6,294 5509.58 $51.42 5561.00 $0.00 $0.00 $0.00 $509.58 $51.42 $561.00 11310671 108 1.66 $10,449 $0 $10,449 5845.90 585.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310672 109 1.66 Prepaid $0 Prepaid Prepaid Prepaid Prepaid $0.00 $0.00 $0.00 Prepaid Prepaid Prepaid R310673 110 1.66 $10,449 $0 SI0,449 $845.90 $85.35 $931.25 $0.00 $0.00 $0.00 $845.90 $85.35 $931.25 R310674 111 1.66 $10,449 $0 $10,449 5845.90 $95.35 $931.25 $0.00 $0.00 $0.00 5845.90 $85.35 $931.25 8314854 112 I $6,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 8314855 113 1 56,294 Prepaid $6,294 $509.58 $51.42 5561.00 Prepaid Prepaid Prepaid 5509.58 $51.42 $561.00 R314856 114 1 $6,294 Prepaid $6,294 5509.58 $51.42 S56L00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314857 115 I $6,294 Prepaid $6,294 $509.58 551.42 5561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314858 116 1 $6,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314859 117 I 56,294 Prepaid 56,294 5509.58 S5I.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314860 IIS 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314861 119 1 $6,294 Prepaid 56,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314862 120 1 $6,294 Prepaid 56,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 551.42 S56L00 R314863 121 1 $6,294 Prepaid 56,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid 5509.58 551.42 $561.00 R314864 122 1 $6,294 Prepaid 56,294 5509.58 551.42 5561.00 Prepaid Prepaid Prepaid $509.58 551.42 $561.00 R314865 123 2.29 514,414 Prepaid 514,414 $1,166.94 5117.75 SL284.69 Prepaid Prepaid Prepaid $1,166.94 $117.75 SI284.69 R314866 124 1.66 $10,449 Prepaid SI0,449 5845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314867 125 1 $6,294 Prepaid $6,294 $509.58 551.42 S56L00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 8314868 126 1 $6,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314869 127 1.66 $10,449 Prepaid 510,449 $845.90 $85.35 5931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314870 128 1 56,294 Prepaid $6,294 $509.58 551.42 5561.00 Prepaid Prepaid Prepaid $509.58 $51.42 5561.00 R314871 129 1.66 510,449 Prepaid $10,449 5845.90 585.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 5931.25 8314872 130 2.29 SI4,414 Prepaid 514,414 $1,166.94 $117.75 $1,284.69 Prepaid Prepaid Prepaid $1,166.94 $117.75 $1,284.69 R314873 131 0 SO SO $0 $0.00 $0.00 $0.00 $0.00 50.00 $0.00 $0.00 50.00 $0.00 R314874 132 0 $0 $0 $0 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 11314875 133 0 $0 $0 $0 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 R314876 134 0 SO S0 $0 $0.00 $0.00 $0.00 $0.00 50.00 $0.00 $0.00 $0.00 $0.00 R314877 135 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314878 136 1 $6,294 Prepaid $6,294 $509.58 551.42 $561.00 Prepaid Prepaid Prepaid $509.58 551.42 $56100 R314879 137 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 5931.25 R314880 1 138 1 I 1 $6,294 1 Prepaid 1 $6,294 1 $509.58 1 551.42 I 8561.00 I Prepaid I Prepaid I Prepaid 1 $509.58 1 $51.42 1 $561.00 B-3 Appendix B ASSESSMENT ROLL SUMMARY Vintage Public Improvement District 2015 Summary B-4 Annual Installment Pan A Annual Installment Pan B Total Tax Reference Equivalent Assessments Collection Collection Collection Pen A Pan B Total No. Lot No. Units P&I Costs Toml P&1 Costs Total P&I Costs Total R314881 139 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 P314882 140 2.29 $14,414 Prepaid $14,414 51,166.94 $117.75 $1,284.69 Prepaid Prepaid Prepaid SI,166.94 $117.75 $1,284.69 R314883 141 1.66 $10,449 Prepaid 510,449 $845.90 585.35 5931.25 Prepaid Prepaid Prepaid 5845.90 $85.35 $931.25 R314884 142 1 56,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314885 143 1.66 $10,449 Prepaid $10,449 $845.90 585.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314886 144 I $6,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 551.42 $561.00 8314887 145 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 585.35 $931.25 R314888 146 2.29 $14,414 Prepaid SI4,414 $1,166.94 5117.75 $1,284.69 Prepaid Prepaid Prepaid $1,166.94 $117.75 $1,284.69 R314889 147 1 $6,294 Prepaid 56,294 5509.58 551.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314890 148 1 $6,294 Prepaid $6,294 5509.58 551.42 5561.00 Prepaid Prepaid Prepaid 5509.58 $51.42 5561.00 R314891 149 1 $6,294 Prepaid 56,294 $509.58 $51.42 5561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314892 150 I 56,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314893 151 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 585.35 $931.25 R314924 152 1 56,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314894 153 1 $6,294 Prepaid 56,294 5509.58 551.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $56L00 R314895 154 I 56,294 Prepaid 56,294 5509.58 551.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314896 155 1.66 510,449 Prepaid 510,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314897 156 1.66 $10,449 Prepaid 510,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314898 157 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 585.35 $931.25 R314899 158 1.66 $10,449 Prepaid 510,449 $845.90 585.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 11314900 159 1 $6,294 Prepaid $6,294 5509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314901 160 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 8314902 161 0 SO SO $0 $0.00 $0.00 50.00 $0.00 50.00 $0.00 $0.00 $0.00 $0.00 R314903 162 166 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 8314904 163 1.66 $10,449 Prepaid 510,449 $845.90 585.35 593125 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314905 164 1.66 $10,449 Prepaid $10,449 5845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $945.90 $85.35 $931.225 R314906 165 1 $6,294 Prepaid 56,294 $509.58 551.42 5561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314907 166 1.66 $10,449 Prepaid 510,449 $845.90 585.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314908 167 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314909 168 1.66 $10,449 Prepaid 510,449 5845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314910 169 166 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 8314911 170 I $6,294 Prepaid 56,294 5509.58 $51.42 5561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314912 171 1 $6,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314913 172 1 $6,294 Prepaid 56,294 5509.58 $51.42 5561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 8314914 173 1 $6,294 Prepaid $6,294 $509.58 $51.42 5561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314925 174 1 $6,294 Prepaid 56,294 5509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314915 175 1.66 $10,449 Prepaid 510,449 $845.90 $85.35 5931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $931.25 R314916 176 1.66 $10,449 Prepaid $10,449 $845.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $93125 R314917 177 1 $6,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314918 178 I $6,294 Prepaid $6,294 5509.58 551.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51 A2 $561.00 R314919 179 1 $6,294 Prepaid $6,294 5509.58 551.42 $561.00 Prepaid Prepaid Prepaid $509.58 $51.42 $561.00 R314926 180 I $6,294 Prepaid $6,294 $509.58 $51.42 $561.00 Prepaid Prepaid Prepaid 5509.58 $51.42 $561.00 R314920 ISI 1.66 $10,449 Prepaid $10,449 $945.90 $85.35 $931.25 Prepaid Prepaid Prepaid $845.90 $85.35 $93125 R314921 182 1 $6,294 Prepaid $6,294 $509.58 551.42 $561.00 Prepaid Prepaid Prepaid 5509.58 551.42 $561.00 8314922 183 1 $6,294 Prepaid $6,294 $509.58 $51.42 5561.00 Prepaid Prepaid Prepaid $509.58 551.42 $561.00 11314923 1 184 1 1.66 1 $10,449 1 Prepaid 1 $10,449 1 $945.90 1 585.35 1 $931.25 1 Prepaid I Prepaid I Prepaid 1 $845.90 1 $85.35 1 $931.25 B-4 Appendix B ASSESSMENT ROLL SUMMARY Vintage Public Improvement District 2015 Summary B-5 Annual Installment Pan A Annual Installment Pan B Tom] Tax Reference Equivalent Assessments Collection Collection Collection Pan A Part B Total No. Lot No. Units P&I Costs Total P&1 Costs Total P&I Costs Toml 8318305 185 2.29 $14,464 Prepaid 514,464 $1,171.01 $118.16 $1,289.17 Prepaid Prepaid Prepaid $1,171.01 $118.16 $1289.17 R318306 186 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318307 187 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318308 188 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51,60 $562.96 R318309 189 1 $6,316 Prepaid $6,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318310 190 I $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318311 191 I $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid 5511.36 $51.60 5562.96 R318312 192 1 $6,316 Prepaid 56,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318313 193 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 8318314 194 1 $6,316 Prepaid 56,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318315 195 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318316 196 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $51136 $51.60 $562.96 R318317 197 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 551.60 $562.96 R318318 198 1.66 $10,485 Prepaid $10,485 $848.86 $85.65 $934.51 Prepaid Prepaid Prepaid $848.86 585.65 $934.51 R318319 199 1 $6,316 Prepaid 56,316 $511.36 551.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318320 200 1 $6,316 Prepaid 56,316 5511.36 551.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318321 201 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318322 202 1 $6,316 Prepaid 56,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 5562.96 R318323 203 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318324 204 1.66 $10,485 Prepaid $10,485 $848.86 $85.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 8318325 205 0 $0 $0 $0 50.00 50.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 R318326 206 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318393 207 1.66 510,485 Prepaid 510,485 $848.86 $85.65 $934.51 Prepaid Prepaid Prepaid 5848.86 $85.65 $934.51 R318327 208 1.66 $10,485 Prepaid $10,485 $948.86 585.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 R318328 209 1.66 $10,485 Prepaid 810,485 5848.86 $85.65 5934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 8318329 210 1 $6,316 Prepaid $6,316 5511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 8318330 211 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318394 212 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 8318331 213 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318332 214 1 $6,316 Prepaid $6,316 $511.36 S5L60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318333 215 1.66 $10,485 Prepaid $10,485 $848.86 $85.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 8318334 216 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318335 217 1.66 $10,485 Prepaid 510,485 $848.86 585.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 R318336 218 1.66 $10,485 Prepaid 510,485 5848.86 $85.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 R318337 219 1.66 $10,485 Prepaid $10,485 $848.86 585.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 8318338 220 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 2318339 221 1 $6,316 Prepaid $6,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318340 222 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318341 223 1 56,316 Prepaid $6,316 $511.36 551.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318342 224 0 $0 $0 $0 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 R318343 225 I $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $51136 $51.60 $562.96 R318344 226 I $6,316 Prepaid $6,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318345 227 I $6,316 Prepaid $6,316 $511.36 551.60 5562.96 Prepaid Prepaid Prepaid 5511.36 $51.60 $562.96 R318346 228 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318347 229 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 11318348 1 230 1 1 1 $6,316 1 Prepaid 1 $6,316 1 $511.36 1 $51.60 1 $562.96 1 Prepaid I Prepaid I Prepaid I 5511.36 1 $51.60 1 5562.96 B-5 Appendix B ASSESSMENT ROLL SUMMARY Vintage Public Improvement District 2015 Summary B-6 Annual Installment Part A Annual Installment Part B Total Tax Reference Equivalent Assessments Collection Collection Collection PwA PartB Total No. Lot No. Units P&I Costs Total P&1 Costs Total P&I Costs Total R318349 231 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318350 232 1 $6,316 Prepaid 56,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318351 233 1 56,316 Prepaid $6,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid 5511.36 $51.60 $562.96 R318352 234 1 $6,316 Prepaid 56,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318353 235 1 56,316 Prepaid 56,316 $511.36 551.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 5562.96 R318354 236 0 $0 $0 $0 $0.00 $0.00 $0.00 Prepaid Prepaid Prepaid 50.00 $0.00 $6.60 R318355 237 2.29 $14,464 Prepaid $14,464 $1,171.01 $118.16 $1,289.17 Prepaid Prepaid Prepaid $1,171.01 $118.16 $1,289.17 R318356 238 1.66 $10,485 Prepaid 510,485 $848.86 $65.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 11318357 239 1.66 $10,485 Prepaid $10,485 $848.86 $85.65 $934.51 Prepaid Prepaid Prepaid $848.86 585.65 $934.51 R318358 240 2.29 $14,464 Prepaid $14,464 $1,171.01 $118.16 $1,289.17 Prepaid Prepaid Prepaid SI,171.01 5118.16 $1,289.17 R318359 241 0 $0 $0 SO $0.00 $0.00 $0.00 Prepaid Prepaid Prepaid $0.00 $0.00 $0.00 R319360 242 2.29 $14,464 Prepaid $14,464 51,171.01 5118.16 $1289.17 Prepaid Prepaid Prepaid 51,171.01 $118.16 $1,289.17 R318361 243 1 56,316 Prepaid $6,316 $511.36 551.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 5562.96 11318362 244 1 56,316 Prepaid $6,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 5562.96 R318363 245 1 $6,316 Prepaid $6,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318364 246 2.29 $14,464 Prepaid $14,464 51,171.01 $118.16 $1,289.17 Prepaid Prepaid Prepaid $1,171.01 $118.16 51,289.17 R318365 247 1 $6,316 Prepaid $6,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid 5511.36 $51.60 $562.96 R318366 248 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 551.60 $562.96 R318367 249 1 56,316 Prepaid $6,316 $511.36 551.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 8318395 250 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 551.60 $562.96 11318368 251 1 $6,316 Prepaid $6,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 551.60 $562.96 11318369 252 1 $6,316 Prepaid 86,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318370 253 1 $6,316 Prepaid $6,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318371 254 1 $6,316 Prepaid $6,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318372 255 1 $6,316 Prepaid 56,316 S51 L36 551.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318373 256 1 $6,316 Prepaid 56,316 $511.36 551.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318374 257 1 $6,316 Prepaid 56,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318375 258 1 56,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318376 259 1 $6,316 Prepaid $6,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318377 260 1 56,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318378 261 1 $6,316 Prepaid $6,316 5511.36 551.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 5562.96 8318379 262 1 $6,316 Prepaid $6,316 $511.36 551.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318380 263 1.66 $10,485 Prepaid $10,485 5848.86 585.65 $934.51 Prepaid Prepaid Prepaid 5848.86 $85.65 $934.51 R318381 264 1 56,316 Prepaid 56,316 5511.36 551.60 5562.96 Prepaid Prepaid Prepaid 5511.36 $51.60 $562.96 R318382 265 1 56,316 Prepaid $6,316 5511.36 551.60 $562.96 Prepaid Prepaid Prepaid 5511.36 551.60 $562.96 R318383 266 1 56,316 Prepaid 56,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 11318384 267 1 56,316 Prepaid $6,316 $511.36 $51.60 5562.96 Prepaid Prepaid Prepaid $511.36 $51.60 5562.96 R318397 268 1.66 $10,485 Prepaid 510,485 $848.86 $85.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 R318385 269 1.66 $10,485 Prepaid $10,485 $848.86 $85.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 R318386 270 1 $6,316 Prepaid $6,316 5511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318387 271 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 R318388 272 1.66 $10,485 Prepaid 510,485 5848.86 585.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 $934.51 R318389 273 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 5562.96 R318390 274 1.66 510,485 Prepaid $10,485 $848.86 $85.65 $934.51 Prepaid Prepaid Prepaid $848.86 $85.65 5934.51 R318391 275 1 $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 8318392 1 276 1 I 1 56,316 I Pre id 1 $6,316 1 $511.36 1 551.60 1 $562.96 1 Prepaid I Prepaid I Prepaid I 5511.36 1 $51.60 1 5562.96 B-6 Appendix R ASSESSMENT ROLL SUMMARY Vintage Public Improvement District 2015 Summary B-7 Annual Installment Pan A Annual Installment Pan B Total Tax Reference No. Lot No. Equivalent Units Assessments P&I Collection Costs Total P&1 Collection Costs Total P&I Collection Costs Total Part A Pan B Total 8318396 277 I $6,316 Prepaid $6,316 $511.36 $51.60 $562.96 Prepaid Prepaid Prepaid $511.36 $51.60 $562.96 Total 342.52 $2,081,041 $0 $2,081,041 $168,477.37 $16,999.96 $185,477.33 50.00 $0.00 $0.00 $166,477.37 $16,999.96 S19547733— B-7