HomeMy WebLinkAboutRES 090826-5.I - Heirloom PID Cost Determination and Call for Public HearingRESOLUTION NO. LD8 Z& —5 • Z
A RESOLUTION OF THE CITY OF GEORGETOWN, TEXAS,
DETERMINING COSTS OF THE PROPOSED PUBLIC IMPROVEMENTS
IN THE HEIRLOOM PUBLIC IMPROVEMENT DISTRICT, APPROVING
A PROPOSED MAJOR IMPROVEMENT AREA ASSESSMENT ROLL,
CALLING A PUBLIC HEARING, AND MAKING RELATED FINDINGS
AND DETERMINATIONS, IN ACCORDANCE WITH CHAPTER 372 OF
THE TEXAS LOCAL GOVERNMENT CODE.
WHEREAS, a petition was submitted and filed with the City Secretary (the "City
Secretary") of the City of Georgetown, Texas (the "City") on July 30, 2025 (the "Petition")
pursuant to the Public Improvement District Assessment Act, Chapter 372, Texas Local
Government Code, as amended (the "PID Act"), requesting the creation of a public
improvement district located within the corporate limits of the City to be known as Heirloom
Public Improvement District (the 'District" or "PID") to provide public improvements within
the District to include the design, acquisition, and construction of public improvement projects
authorized by Section 372.003(b) of the PID Act that are necessary for development of the
District, which public improvements will include, but not be limited to, streets, roadway
construction, water, wastewater, and drainage facilities and improvements, parkland
improvements and other improvement projects; and
WHEREAS, the Petition contained the signatures of the record owners of taxable real
property representing more than 50% of the appraised value of the real property liable for
assessments within the District, as determined by the then current ad valorem tax rolls of the
Williamson Central Appraisal District, and the signatures of record property owners who own
taxable real property that constitutes more than 50% of the area of all taxable property that is
liable for assessment within the District; and
WHEREAS, on August 26, 2025 after due notice, the City Council of the City (the
"City Council") held the public hearing in the manner required by law on the advisability of the
improvement projects described in the Petition as required by Section 372.009 of the PID Act
and on August 26, 2025 the City Council made the findings required by Section 372.009(b) of
the PID Act and, by Resolution No. 082625-6.P (the "Creation Resolution"), adopted by a
majority of the members of the City Council, authorized the creation of the District in
accordance with its finding as to the advisability of the improvement projects; and
WHEREAS, following the adoption of the Creation Resolution, the City filed a copy
of the Creation Resolution with the County Clerk of Williamson County, Texas; and
WHEREAS, no written protests regarding the creation of the District from any owners
of record of property within the District were filed with the City Secretary within 20 days after
the effective date of the Creation Resolution; and
Resolution Number: 0 5 •� Page 1 of 4
Subject: Heirloom PID
Date Approved: � ` _ ,� �
On
WHEREAS, the District is expected to be developed in phases beginning with an area
designated as the "Major Improvement Area" within the District, which consists of
approximately 622 acres located within the District (the "Major Improvement Area"); and
WHEREAS, the City has reviewed the Preliminary Service and Assessment Plan
attached to this Resolution as "Exhibit A" (the "Preliminary Service and Assessment Plan"),
and the proposed Major Improvement Area Assessment Roll attached as "Exhibit F" to the
Preliminary Service and Assessment Plan (the "Proposed Major Improvement Area Assessment
Roll"); and
WHEREAS, in accordance with Section 372.016 of the PID Act, the City Council
desires to make certain determinations and findings with regard to the total cost of the
"Authorized Improvements" set forth in the Preliminary Service and Assessment Plan attached
to this Resolution as "Exhibit A"; and
WHEREAS, in accordance with Section 372.016 of the PID Act, the City Council also
desires to approve the Proposed Major Improvement Area Assessment Roll, which is included
in the Preliminary Service and Assessment Plan attached to this Resolution as "Exhibit A,"
cause the Proposed Major Improvement Area Assessment Roll to be filed with the City
Secretary, and to direct the City Secretary to make the Proposed Major Improvement Area
Assessment Roll available for public inspection, and publish and mail notice of the City
Council's intention to consider the Proposed Major Improvement Area Assessment Roll (in
substantially the form attached hereto as "Exhibit B") at a public hearing, all in accordance
with the requirements of the PID Act.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN, TEXAS, THAT:
Section 1. The findings set forth in the recitals of this Resolution are found to be true and
correct and are incorporated into this Resolution for all purposes by this reference.
Section 2. The City Council hereby finds, declares, and directs:
(a) Determination of Cost. The cost determinations for the proposed
Authorized Improvements set forth in the Preliminary Service and Assessment
Plan attached to this Resolution as "Exhibit A" are hereby approved.
(b) Proposed Major Improvement Area Assessment Roll. The Proposed Major
Improvement Area Assessment Roll included in "Exhibit F" in the Preliminary
Service and Assessment Plan attached to this Resolution as "Exhibit A," stating
the assessment against each parcel of assessable land in the Major Improvement
Area within the District as determined by the method of assessment set forth in
said Preliminary Service and Assessment Plan is hereby approved, and the City
Council declares that the Proposed Major Improvement Area Assessment Roll is
hereby filed with the City Secretary. The City Council hereby directs the City
Resolution Number: 030 A Z (4 •= Page 2 of 4
Subject: Heirloom PID v
Date Approved: SeVem�otk 41, 2-0- p
Secretary to make the Proposed Major Improvement Area Assessment Roll
available for public inspection and publish and mail notice (in substantially the
form attached hereto as "Exhibit B") of the City Council's intention to consider
the proposed assessments at a public hearing, all in accordance with the
requirements of the PID Act.
Section 3. The City Council hereby authorizes and directs the City Secretary to take the
actions described in Section 2 of this Resolution and authorizes and directs staff to prepare the
required resolutions, ordinances, agreements, service and assessment plan, assessment roll and
other documents necessary for the City Council to effectuate the Creation Resolution and this
Resolution.
Section 4. The City Council hereby declares that written notice of the date, hour and place of
the meeting at which this Resolution was adopted, was posted and that such meeting was open to
the public as required by law at all times when this Resolution and the subject matter hereof were
discussed, considered, and formally acted upon, all as required by the Open Meetings Act, Chapter
551, Texas Government Code, as amended.
Section 5. The Mayor is hereby authorized to sign this Resolution and the City Secretary is
authorized to attest this Resolution. This Resolution shall take effect immediately from and after
its passage in accordance with the provisions of the City Charter of the City of Georgetown.
EXHIBIT LIST:
Exhibit A — Preliminary Service and Assessment Plan (including the Proposed Major Improvement
Area Assessment Roll)
Exhibit B — Notice of Public Hearing to Consider Proposed Assessments to be Levied Against
Property in Major Improvement Area of the Heirloom Public Improvement District
Resolution Number: "l Qj p`p 5 • = Page 3 of 4
Subject: Heirloom PID
Date Approved: `�,,/-YVV,^� C� �'�Ne�l \ \ i"r"_(2r
O
PASSED AND APPROVED on this 8th day of September, 2026.
THE CITY OF GEWGETOWN, TEXAS
Josh Schl-Veder, Mayor
ATTEST:
By:
Robyn Den - ore, City Secretary
APPROVED AS TO FORM:
By:
Skye Ma son, ity Attorney
Resolution Number: 04" 6 , v '� Page 4 of 4
Subject: Heirloom I'ID 0
Date Approved:5
EXHIBIT A
(Preliminary Service and Assessment Plan — including the Proposed Major Improvement Area
Assessment Roll)
r
Resolution Number: Page A-1
Subject: Heirloom PID
Date Approved:
Heirloom Public Improvement
District
PRELIMINARY SERVICE AND ASSESSMENT PLAN
SEPTEMBER 81 2026
TABLE OF CONTENTS
Tableof Contents............................................................................................................................
1
Introduction....................................................................................................................................
2
SectionI: Definitions.......................................................................................................................
4
SectionII: The District...................................................................................................................
11
Section III: Authorized Improvements..........................................................................................
11
SectionIV: Service Plan.................................................................................................................
14
Section V: Assessment Plan..........................................................................................................
15
Section VI: Terms of the Assessments..........................................................................................
17
Section VII: Assessment Roll.........................................................................................................
23
Section Vill: Additional Provisions................................................................................................
23
Listof Exhibits...............................................................................................................................
25
Listof Appendicies........................................................................................................................
26
Exhibit A — District/Major Improvement Area Legal Description
................................................. 27
Exhibit B — District/Major Improvement Area Boundary Map .....................................................
44
Exhibit C —Authorized Improvements..........................................................................................
45
Exhibit D — Service Plan — Five Year Plan......................................................................................
46
Exhibit E — Service Plan — Sources and Uses.................................................................................
47
Exhibit F — Major Improvement Area Assessment Roll................................................................
48
Exhibit G — Major Improvement Area Annual Installments..........................................................
49
Exhibit H — District Estimated Buildout Value...............................................................................
50
Exhibit I — Maps of Authorized Improvements.............................................................................
51
Exhibit 1— Lot Type Classification Map.........................................................................................
56
Exhibit K — Notice of PID Assessment Termination......................................................................
57
ExhibitL — Buyer Disclosures........................................................................................................
60
AppendixA — Engineer's Report...................................................................................................
59
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 1
INTRODUCTION
Capitalized terms used in this Service and Assessment Plan shall have the meanings given to them
in Section I unless otherwise defined in this Service and Assessment Plan or unless the context in
which a term is used clearly requires a different meaning. Unless otherwise defined, a reference
to a "Section" or an "Exhibit" shall be a reference to a Section of this Service and Assessment Plan
or an Exhibit attached to and made a part of this Service and Assessment Plan for all purposes.
On August 26, 2025 the City Council took the following actions:
• The City Council passed and approved Ordinance No. 2025-45 which (i) annexed into the
corporate boundaries of the City approximately 620 acres of land (the "Property") which
is more particularly described by metes and bounds on Exhibit A and by sketch on Exhibit
B, and (ii) approved a Planned Unit Development zoning classification and plan for the
Property (the "ANX-PUD Ordinance"). The ANX-PUD Ordinance was recorded in the
Official Public Records of Williamson County, Texas on
• The City Council passed and approved Resolution No. 082625-5.P. authorizing the
creation of the District over the Property, in accordance with the PID Act which
authorization was effective upon publication as required by the PID Act. The resolution
was recorded in the Official Public Records of Williamson County, Texas on September 3,
2025 as Document No. 2025069384. The purpose of the District is to finance the Actual
Costs of the Authorized Improvements for the benefit of the property within the District.
• The City Council passed and approved Resolution No. 082625-6.M, approving the
Development and Construction Agreement and the resolution was recorded in the Official
Public Records of Williamson County as Document No. 2026023941 on March 3, 2026.
On March 19, 2026, a Preliminary Plat for the District was approved by the City (City Project NO.
2025-10-PP-20260318).
On 2026, the City adopted Resolution No. approving the First
Amendment to Development and Construction Agreement (Heirloom).
On 2026, the City adopted Ordinance No. approving this Service and
Assessment Plan and the Major Improvement Area Assessment Roll for the Heirloom Public
Improvement District.
The PID Act requires a service plan covering a period of at least five years and defining the annual
indebtedness and projected cost of the Authorized Improvements. The Service Plan is contained
in Section IV.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 2
The PID Act requires that the Service Plan include an assessment plan that assesses the Actual
Costs of the Authorized Improvements against Assessed Property within the District based on the
special benefits conferred on such property by the Authorized Improvements. The Assessment
Plan is contained in Section V.
The PID Act requires an Assessment Roll that states the Assessment against each Parcel
determined by the method chosen by the City. The Assessment against each Assessed Property
must be sufficient to pay the share of the Actual Costs apportioned to the Assessed Property and
cannot exceed the special benefit conferred on the Assessed Property by the Authorized
Improvements. The Major Improvement Area Assessment Roll is contained in Exhibit F.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN
SECTION I: DEFINITIONS
"Actual Costs" mean, with respect to Authorized Improvements, the actual costs paid or incurred
by or on behalf of the Developer of the District: (1) to plan, design, acquire, construct, install, and
dedicate such improvements to the City; (2) to prepare plans, specifications (including bid
packages), contracts, and as -built drawings; (3) to obtain zoning, licenses, plan approvals,
permits, inspections, and other governmental approvals; (4) for third -party professional
consulting services including but not limited to, engineering, surveying, geotechnical, land
planning, architectural, landscaping, legal, accounting, and appraisals; (5) of labor, materials,
equipment, fixtures, payment and performance bonds and other construction security, and
insurance premiums; and (6) to implement, administer, and manage the above -described
activities, including a 4% construction management fee. Actual Costs shall not include general
contractor's fees in an amount that exceeds a percentage equal to the percentage of work
completed or construction management fees in an amount that exceeds an amount equal to the
construction management fee amortized in approximately equal monthly installments over the
term of the applicable construction management contract. Amounts expended for costs
described in subsection (3), (4), and (6) above shall be excluded from the amount upon which the
general contractor and construction management fees are calculated.
"Additional Interest" means the amount collected by application of the Additional Interest Rate
if PID Bonds are issued.
"Additional Interest Rate" means the 0.50% additional interest rate charged on an Assessment
as authorized by Section 372.018 of the PID Act.
"Administrator" means the City or the person or independent firm designated by the City who
shall have the responsibility provided in this Service and Assessment Plan, the Indenture, or any
other agreement or document approved by the City Council related to the duties and
responsibility of the administration of the District.
"Annual Collection Costs" means the actual or budgeted costs and expenses relating to collecting
the Annual Installments, including, but not limited to, costs and expenses for: (1) the
Administrator and City staff; (2) legal counsel, engineers, accountants, financial advisors, and
other consultants engaged by the City; (3) calculating, collecting, and maintaining records with
respect to Assessments and Annual Installments; (4) preparing and maintaining records with
respect to Assessment Rolls and Annual Service Plan Updates; (5) paying, and redeeming PID
Bonds, if issued; (6) investing or depositing Assessments and Annual Installments; (7) complying
with this Service and Assessment Plan and the PID Act with respect to the administration of the
District, including continuing disclosure requirements; and (8) the paying agent/registrar and
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 4
Trustee in connection with PID Bonds, if issued, including their respective legal counsel. Annual
Collection Costs collected but not expended in any year shall be carried forward and applied to
reduce Annual Collection Costs for subsequent years.
"Annual Installment" means the annual installment payment of an Assessment as calculated by
the Administrator and approved by the City Council, that may include: (1) principal; (2) interest;
(3) Annual Collection Costs; and (4) Additional Interest, as applicable.
"Annual Service Plan Update" means an update to this Service and Assessment Plan prepared
no less frequently than annually by the Administrator and approved by the City Council, in
accordance with the PID Act.
"ANX-PUD Ordinance" means Ordinance No. 2025-45 passed and approved by the City on August
26, 2025.
"Assessed Property" means any Parcel within the District that benefits from the Authorized
Improvements and on which an Assessment is levied as shown on the Assessment Roll and which
includes any and all Parcels within the District other than Non -Benefited Property.
"Assessment" means an assessment levied against a Parcel and imposed pursuant to an
Assessment Ordinance and the provisions herein, as shown on the Assessment Roll, subject to
reallocation upon the subdivision of such Parcel or reduction according to the provisions herein
and in the PID Act.
"Assessment Ordinance" means the ordinance adopted by the City Council in accordance with
the PID Act that approves the Service and Assessment Plan and levies the Assessment on all or a
portion of the Assessed Property within the District, as shown on any Assessment Roll.
"Assessment Plan" means the methodology employed to assess the Actual Costs of the
Authorized Improvements against Assessed Property within the District based on the special
benefits conferred on such property by the Authorized Improvements, as more specifically
described in Section V.
"Assessment Roll" means any Assessment Roll approved by an Assessment Ordinance that levies
Assessments on property within the District, including the Major Improvement Area Assessment
Roll, as updated, modified, or amended from time to time in accordance with the procedures set
forth herein and in the PID Act, including updates prepared in connection with the issuance of
PID Bonds, if issued, or in connection with any Annual Service Plan Update.
"Authorized Improvements" means Public Improvements authorized by Section 372.003 of the
PID Act, including District Formation Expenses, First Year Annual Collections Costs (as described
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 5
in Section III (E) herein), and Bond Issuance Costs, if PID Bonds are issued, as more specifically
described in Section III.
"Bond Issuance Costs" mean the costs associated with issuing PID Bonds, if issued, including but
not limited to attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs,
publication costs, City costs, capitalized interest, reserve fund requirements, underwriter
discount, fees charged by the Texas Attorney General, and any other cost or expense directly
associated with the issuance of PID Bonds, if bonds are issued.
"City" means the City of Georgetown, Texas.
"City Council" means the governing body of the City.
"County" means Williamson County, Texas.
"Creation Resolution" means Resolution No. 082625-5.13, approved by the City Council on, which
authorized the creation of the District.
"Delinquent Collection Costs" mean, for an Assessed Property, interest, penalties, and other
costs and expenses authorized by the PID Act that directly or indirectly relate to the collection of
delinquent Assessments, delinquent Annual Installments, or any other delinquent amounts due
under this SAP, including costs and expenses to foreclose liens.
"Developer" means Heirloom East TX, LLC. and HeirloomTX, LLC., collectively, and any successor
developer of property within the District, or any portion thereof.
"Development and Construction Agreement" means that certain Development and
Construction Agreement (Heirloom) between the City, the Georgetown Independent School
District, and the Developer approved by the City Council via Resolution No. 082625-6.M and
effective as of , as amended by the First Amendment to Development and
Construction Agreement (Heirloom) approved by the City Council via Resolution No. and
effective as of 2026.
"District" means the Heirloom Public Improvement District containing approximately 622.525
acres within the corporate limits of the City, as described legally by metes and bounds on Exhibit
A and as depicted by the map on Exhibit B.
"District Formation Expenses" means costs incurred creating the District, including attorney
fees, consultant fees, and other fees and expenses related to the formation of the District and
the levy of Assessments.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 6
"Estimated Buildout Value" means the estimated buildout value of an Assessed Property at the
time Assessments are levied, and shall be determined by the Administrator and confirmed by the
City Council by considering such factors as density, lot size, proximity to amenities, view
premiums, location, market conditions, historical sales, builder contracts, discussions with
homebuilders, reports from third party consultants, or any other information that may impact
value.
"Financing Agreement" means that certain "PID Construction, Financing and Reimbursement
Agreement Heirloom Public Improvement District between the City, Georgetown Independent
School District, Heirloom East TX, LLC and HEIRLOOM TX, LLC dated to be effective
"Future Improvement Areas" means a distinct portion of the Major Improvement Area described
by metes and bounds and developed as an individual improvement area which such area(s) to be
described, designated, and subject to separate Assessments levied in the future to fund Future
Improvement Area Improvements.
"Future Improvement Area Improvements" mean those Authorized Improvements which will
confer a special benefit solely on the related Future Improvement Area.
"Indenture" means an Indenture of Trust entered into in connection with the issuance of PID
Bonds, as amended or supplemented from time to time, between the City and the Trustee setting
forth terms and conditions related to the PID Bonds, if issued.
"Landowner Certificate" means any Landowner Certificate executed by the respective Owner
consenting to the levy of the Assessments dated , as may be further amended.
"Lot" means (1) for any portion of the District for which a subdivision plat has been recorded in
the official public records of the County, a tract of land described as a "lot" in such subdivision
plat, and (2) for any portion of the District for which a subdivision plat has not been recorded in
the official public records of the County, a tract of land anticipated to be described as a "lot" in a
final recorded subdivision plat as shown on a concept plan or preliminary plat.
"Lot Type" means a classification of final building Lots with similar characteristics (e.g. lot size,
home product, buildout value, etc.), as determined by the Administrator and confirmed and
approved by the City Council. In the case of single-family residential Lots, the Lot Type shall be
further defined by classifying the residential Lots by the Estimated Buildout Value of the Lot as
calculated by the Administrator and confirmed and approved by the City Council.
"Major Improvement Area" means approximately 622.525 acres located within the District, as
shown on Exhibit B and more specifically described in Exhibit A.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 7
"Major Improvement Area Annual Installment" means the annual installment payment of the
Major Improvement Area Special Assessment as calculated by the Administrator and approved
by the City Council that may include: (1) principal, (2) interest, (3) Annual Collection Costs, and
(4) Additional Interest, if PID Bonds are issued.
"Major Improvement Area Assessed Property" means any Parcel within the Major Improvement
Area against which a Major Improvement Area Special Assessment is levied.
"Major Improvement Area Assessment Roll" means the assessment roll for the Major
Improvement Area Assessed Property within the District and included in this Service and
Assessment Plan as Exhibit F, as updated, modified, or amended from time to time in accordance
with the procedures set forth herein and in the PID Act, including updates prepared in connection
with the issuance of PID Bonds or in connection with any Annual Service Plan Update.
"Major Improvement Area Authorized Improvements" means, collectively, the Major
Improvement Area Improvements, the First Year Annual Collection Costs allocable to the Major
Improvement Area, and the Bond Issuance Costs related to the Major Improvement Area Bonds.
"Major Improvement Area Bonds" means those certain "City of Georgetown, Texas Special
Assessment Revenue Bonds, Series 2026 (Heirloom Public Improvement District Major
Improvement Area Project)", that are payable as provided in the Indenture relating to such
bonds.
"Major Improvement Area Improvements" mean Authorized Improvements which only benefit
Major Improvement Area Assessed Property as described in Section III and as shown on Exhibit
"Major Improvement Area Special Assessment" means an Assessment levied against Assessed
Property within the Major Improvement Area and imposed pursuant to an Assessment
Ordinance, as shown on the Major Improvement Area Assessment Roll, subject to reallocation
upon the subdivision of such Parcel or reduction according to the provisions herein and in the
PID Act.
"Maximum Assessment" means for each Lot Type within the District, at the time a new Lot is
created by plat an Assessment equal to the amount calculated pursuant to Section VI.A.
Maximum Assessment for future Improvement Areas will be determined in future Annual Service
Plan updates.
"Non -Assessed Property" means approximately 121.86 acres of land located within the District
against which a portion of the costs of the Major Improvement Area Improvements are
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 8
apportioned based on special conferred benefit which costs will be paid by the Developer without
reimbursement from the City.
"Non -Benefited Property" means Parcels within the boundaries of the District that accrue no
special benefit from Authorized Improvements as determined by the City Council.
"Owners" mean Heirloom East TX, LLC., Heirlooml Communities Tx, LLC., HeirloomTX, LLC., and
Georgetown Independent School District, and any successor owner of property within the
District, or any portion thereof.
"Parcel(s)" means a property within the boundaries of the District, identified by either a tax map
identification number assigned by the Williamson Central Appraisal District for real property tax
purposes, by metes and bounds description, by lot and block number in a final subdivision plat
recorded in the official public records of the County, or by any other means as determined by the
City Council.
"PID Act" means Chapter 372, Texas Local Government Code, as amended.
"PID Bonds" mean any bonds issued in accordance with the PID Act, if applicable, that are
secured by Assessments.
"Preliminary Plat" means that certain Preliminary Plat for a portion of the Property (361.85
acres) and the entire length of the Primary Collector approved by the City on March 19, 2026
(City Project No. 2025-10-PP-20260318).
"Prepayment" means the payment of all or a portion of an Assessment before the due date
thereof. Amounts received at the time of a Prepayment which represent a payment of principal,
interest, or penalties on a delinquent installment of Assessment are not to be considered a
Prepayment, but rather are to be treated as a payment of the regularly scheduled Assessment.
"Prepayment Costs" mean interest, including Additional Interest (if applicable), and Annual
Collection Costs incurred up to the date of Prepayment.
"Property" means the approximately 622.525 acres of land which is more particularly described
by metes and bounds on Exhibit A and by sketch on Exhibit B.
"Service and Assessment Plan" or "SAP" means this Service and Assessment Plan as it may be
modified, amended, supplemented, and updated from time to time.
"Service Plan" covers a period of at least five years and defines the annual indebtedness and
projected costs of the Authorized Improvements, more specifically described in Section IV.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 9
"Taken Property" shall have the meaning assigned to such term in Section VI.F.
"Taking" shall have the meaning assigned to such term in Section VI.F.
"Trigger Date" means, for each Parcel, the earlier of: (1) the date a final plat is filed and recorded
in the real property records of the County which creates the Parcel, or (2) the date PID Bonds, if
issued, secured by Assessments levied on the Parcel are issued. If the Trigger Date occurs on or
before July 315Y of the then current year, then Assessments will be due the January 315t of the
following year. If the Trigger Date occurs after July 315Y of the then current year, then the
Assessments will be due on the second January 315Y following the Trigger Date. Collection of the
Annual Installments will in no case occur later than the two-year anniversary date of the levy of
Assessments on the Parcel.
"Trustee" means the trustee (or successor trustee) under an Indenture.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 10
SECTION II: THE DISTRICT
The District includes approximately 622.525 acres within the corporate limits of the City, as
described legally by metes and bounds on Exhibit A and as depicted by the map on Exhibit B.
Development of the District is governed by the ANX-PUD Ordinance and the Development and
Construction Agreement. The District is to be developed as a mixed -use project. In general, the
maximum number of residential units is 3,600 (unless an area reserved for school purposes is not
developed as such, in which case the maximum number of residential units can increase by not
more than 375 additional residential units). A variety of residential housing types and sizes are
allowed, with maximum units by scale and maximum and minimum unit counts set forth in the
ANX-PUD Ordinance. The ANX-PUD Ordinance requires 200,000 square feet of land to be used
for commercial purposes to support the residential uses in the District and allows a variety of
multifamily uses. Also included are associated rights -of -way, landscaping, and infrastructure
necessary to provide roadways, drainage, and utilities to property within the District.
The Major Improvement Area includes approximately 622.525 acres as more particularly
described on Exhibit A and depicted on Exhibit B. Development of the Major Improvement Area
is anticipated to contain 1,333 single-family homes, 100 Townhome units, 116 Courtyard units,
100 Build -to -Rent units, 1,250 Multi -Family units, and 255,000 square feet of commercial space.
It is anticipated there will be additional Future Improvement Areas within the District. As the
Future Improvements Areas are developed and in connection with the issuance of any PID Bonds,
or the levy of Assessments in Future Improvement Areas pursuant to the Financing Agreement,
this Service and Assessment Plan will be amended to update the Exhibits.
SECTION III: AUTHORIZED IMPROVEMENTS
The City, based on information provided by the Developer and its engineer and review by the
City staff and by third -party consultants retained by the City, determined that the Authorized
Improvements confer a special benefit on the Assessed Property. Major Improvement Area
Improvements will be designed and constructed in accordance with City standards and will be
owned and operated by the City once accepted unless specifically stated below. The budget for
the Authorized Improvements, as well as the allocation of the Actual Costs of the Authorized
Improvements, is shown on Exhibit C.
A. Major Improvement Area Improvements
■ Streets
With Phase 1, primary access to the District will be provided via the Heirloom Pkwy.
extension, which will continue on the west side of Williams Drive opposite of the
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 11
existing section of Parmer Ranch Blvd. built with the Parmer Ranch Development. The
Heirloom Pkwy. collector will then continue across the site, intersect with CR 248, and
turn south before tying into the planned expanded section of Ronald Reagan Blvd. The
subsequent residential phases of the development will branch off Heirloom Pkwy. for
access. The collector will utilize a 96' ROW with a 4-lane divided 50' pavement section
and 10' sidewalks on either side. Road section design is described in the Planned Unit
Development Zoning Ordinance 2025-45-PUD. Proposed streets have been designed to
urban standards consisting of concrete curb and gutter and will be designed with a
flexible pavement section consisting of prepared subgrade, crushed limestone base, and
hot mix asphaltic concrete (HMAC) pavement surface. The pavement recommendations
can be found in the Heirloom tract Geotechnical Investigation reports prepared by MLA
Geotechnical dated November 2025. The proposed street network meets City of
Georgetown horizontal and vertical geometric design criteria. Ten -foot sidewalks with
ADA ramps will be constructed along the collector on both sides of the street and will be
constructed following standard specifications and details. Signage, valley gutters,
excavation, embankment, clear and grub, and testing are also included within these
improvements. See Heirloom Tract Phase 1 Construction plans prepared by Gray Civil for
additional design information and street cross sections.
■ Water
The District will be served water by the City of Georgetown. An existing 24" line is
located on the east side of CR 248, an existing 30" line is located on the south side of
Ronald Reagan Blvd, and an existing 12" line is located on the west side of RM 2338. As
part of the subdivision improvements, an 12" waterline is proposed to be constructed
down the Parmer Ranch Blvd ROW and connected to the existing 30" waterline. The
northern portion of the site will be served by a proposed 12" line to be connected to the
existing 12" line. Water will be provided to the individual lots by proposed 8-inch and
12-inch water lines located within the public ROW. Utility line sizing is preliminary in
nature and will ultimately depend on recommendation from GUS and their water
model.
• Wastewater
The portion of the District that generally slopes from northeast to southwest will gravity
flow via a proposed 12" trunk line into an existing manhole offsite to the southwest corner
of the site and to the existing Nolina lift station. A lift station will be constructed at the
northeast corner for the remainder of the site and wastewater flows will be pumped back
to an existing manhole connection to a 12" gravity wastewater line along RM 2338 via a
force main. Phase 1 will include the construction of the 12" main trunk line through the
site, while 8" local lines will be added with future phases.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 12
Internal wastewater utilities will be typically located within the proposed right-of-way's
standard assignments as established by the City of Georgetown. Internal water mains
will be located outside of the pavement within the right-of-way per GUS standard
assignment. The internal lines will be constructed in accordance with the GUS water and
wastewater system design criteria and specifications. Improvements include trench
excavation and embedment, trench safety, piping, valves, hydrants, manholes, service
connections, testing, related earthwork, erosion controls and all necessary appurtenances.
• Drainage
Stormwater runoff generated within the development will be conveyed by a system of
curb and gutters, inlets, storm drains, channels, and ponds before being released into a
tributary of either the North Fork San Gabriel River to the south or Berry Creek to the
east, and onto neighboring properties. The drainage study performed for the preliminary
plat utilizes the NRCS method to determine peak flow runoff for the 2-, 10-, 25-, and 100-
year storms. The site is entirely within the Edwards Aquifer Contributing Zone and will
therefore be required to provide water quality treatment and submit a related
Contributing Zone Plan to TCEQfor all construction plan submittals.
Most of the District generally slopes in a southerly direction and is bisected by a small
tributary of the North Fork San Gabriel River, conveying offsite flows through the site. This
tributary constitutes roughly 22.5 acres of existing calculated non-FEMA floodplain on the
site and will necessitate two main culvert/bridge crossings. The portion of the District that
flows to the northeast includes the 1 acre of FEMA zone A floodplain and constitutes a
tributary to Berry Creek. Water Quality best management practices will be used to meet
both the TCEQ's 80%TSS removal requirements along with the City of Georgetown's 85%
removal requirement. Detention will be provided to reduce developed flows to pre -
developed conditions for the 2, 10, 25, and 100-yr storm events.
Drainage improvements include trench excavation and embankment, trench safety,
piping, manholes, junction boxes, inlets, headwalls, channels, and associated outflow
structures, testing, related earthwork, and erosion controls.
■ Parkland
The improvements to the parkland include the construction of a 10' wide paved hike and
bike trail built to ADA standards along with associated benches and lighting. There will also
be a network of bench cut, natural surface trails woven throughout the parkland/floodplain
area.
• Soft Costs
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 13
Costs related to designing, constructing, installing, and financing the PID
Improvements, including land planning and design, City fees, engineering, soil testing,
survey, construction management, legal fees, consultant fees, contingency, inspection
fees, district formation costs, landscaping and other PID costs incurred and paid by the
developer.
C. District Formation Expenses
Costs incurred creating the District, including attorney fees, consultant fees, and other
fees and expenses related to formation of the District and the levy of Assessments.
D. Bond Issuance Costs
• Debt Service Reserve Requirement
Equals the amount required to fund a reserve under the Indenture in connection with the
issuance of PID Bonds, if issued. This amount may be updated or revised at the time of
issuance if PID Bonds are issued.
• Capitalized Interest
Equals the amount of capitalized interest available for payment of interest on PID Bonds,
if issued, as reflected in the Indenture. This amount may be updated or revised at the
time of issuance if PID Bonds are issued.
• Underwriter's Discount
Equals a percentage of the par amount of a particular series of PID Bonds, if issued, and
includes a fee for underwriter's counsel. This amount may be updated or revised at the
time of issuance if PID Bonds are issued.
■ Cost of Issuance
Costs associated with issuing PID Bonds, if issued, including but not limited to attorney
fees, financial advisory fees, consultant fees, appraisal fees, printing costs, publication
costs, City costs, fees charged by the Texas Attorney General, and any other cost or
expense directly associated with the issuance of PID Bonds. This amount may be updated
or revised at the time of issuance if PID Bonds are issued.
E. First Year Annual Collection Costs
Estimated cost of the 15Y year Annual Collection Costs.
SECTION IV: SERVICE PLAN
The PID Act requires the Service Plan to cover a period of at least five years. The Service Plan is
required to define the projected costs and annual indebtedness for the Authorized
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 14
Improvements undertaken within the District during the five-year period. The Service Plan must
be reviewed and updated, at least annually, and approved by the City Council. Exhibit D
summarizes the Service Plan for the District.
Exhibit E summarizes the sources and uses of funds required to construct the Authorized
Improvements. The sources and uses of funds shown on Exhibit E shall be updated each year in
the Annual Service Plan Update to reflect any budget revisions and Actual Costs.
SECTION V: ASSESSMENT PLAN
The PID Act requires the City to apportion the Actual Costs of the Authorized Improvements to
the Assessed Property based on the special benefit received from the Authorized Improvements.
The PID Act provides that such costs may be apportioned: (1) equally per front foot or square
foot; (2) according to the value of property as determined by the City, with or without regard to
improvements constructed on the property; or (3) in any other manner approved by the City that
results in imposing equal shares of such costs on property similarly benefited. The PID Act further
provides that the governing body may establish by ordinance or order reasonable classifications
and formulas for the apportionment of the cost between the municipality and the area to be
assessed and the methods of assessing the special benefits for various classes of improvements.
This section of this Service and Assessment Plan describes the special benefit received by each
Assessed Property within the District as a result of the Authorized Improvements and provides
the basis and justification for the determination that this special benefit exceeds the amount of
the Assessments levied on the Assessed Property for such Authorized Improvements.
The determination by the City of the assessment methodologies set forth below is the result of
the discretionary exercise by the City Council of its legislative authority and governmental
powers and is conclusive and binding on the Owners and all future owners and developers of
the Assessed Property.
A. Assessment Methodology
The City Council, acting in its legislative capacity based on information provided by the Developer
and its engineer and reviewed by the City staff and by third -party consultants retained by the
City, has determined that the costs of the Authorized Improvements shall be allocated as follows:
• The Major Improvement Area Improvements are allocated entirely to the Major
Improvement Area Assessed Property.
■ Bond Issuance Costs and First Year Annual Collection Costs shall be allocated entirely to
the Assessed Property securing the applicable series of PID Bonds.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN is
When, and if, a Future Improvement Area is developed and the issuance of additional PID Bonds
are contemplated, this Service and Assessment Plan will be amended to determine the
assessment methodology necessary to apply equal shares of Actual Costs of Future Improvement
Area Improvements on Assessed Property similarly benefited within that Future Improvement
Area.
B. Assessments
Major Improvement Area Assessments will be levied on the Major Improvement Area Assessed
Property as shown on the Major Improvement Area Assessment Roll, attached hereto as Exhibit
F. The projected Major Improvement Area Annual Installments are shown on Exhibit G, subject
to revisions made during any Annual Service Plan Update.
When, and if, a Future Improvement Area is developed and the levy of Assessments on a Future
Improvement Area is contemplated, this Service and Assessment Plan will be amended to
determine the Assessment and Annual Installment associated with the costs of Future
Improvement Area Improvements on each Lot located within the Future Improvement Area. The
Assessment shall not exceed the benefit received by the Assessed Property. Prior to the Trigger
Date for the collection of Annual Installments for a given Future Improvement Area Parcel, the
Annual Collection Costs shall be billed and collected in the same manner as Annual Installments
in the amounts set forth in each Annual Service Plan Update. Following the Trigger Date for the
collection of Annual Installments, the Annual Collection Costs shall be collected as part of and in
the same manner as Annual Installments in the amounts shown on the Assessment Roll, which
may be revised based on actual costs incurred in Annual Service Plan Updates.
C. Findings of Special Benefit
The City Council, acting in its legislative capacity based on information provided by the Developer
and its engineer and reviewed by the City staff and by third -party consultants retained by the
City, has found and determined:
■ The cost of Major Improvement Area Authorized Improvements equals $20,950,323
as shown on Exhibit C; and
■ The Major Improvement Area Assessed Property receives special benefit from Major
Improvement Area Authorized Improvements equal to or greater than the Actual
Costs of the Major Improvement Area Authorized Improvements; and
■ Major Improvement Area Assessed Property will be allocated 100% of the Major
Improvement Area Assessments levied on the Major Improvement Area Assessed
Property for Major Improvement Area Authorized Improvements, which equal
$20,895,000, as shown on the Major Improvement Area Assessment Roll attached
hereto as Exhibit F; and
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 16
• The special benefit (>_$20,950,323) received by the Major Improvement Area Assessed
Property from the Major Improvement Area Authorized Improvements is greater than
or equal to the amount of the Major Improvement Area Assessments ($20,895,000)
levied on the Major Improvement Area Assessed Property for the Major Improvement
Area Authorized Improvements; and
■ At the time the City Council approved the Assessment Ordinance, the Owners owned
100% of Major Improvement Area. In a Landowner Certificate, each Owner
acknowledged that the Major Improvement Area Authorized Improvements confer a
special benefit on Major Improvement Area Assessed Property and consented to the
imposition of the Major Improvement Area Assessments to pay for the Actual Costs
associated therewith. The Owners ratified, confirmed, accepted, agreed to, and
approved (1) the determinations and findings by the City Council as to the special
benefits described herein and in the Assessment Ordinance, (2) the Service and
Assessment Plan and the Assessment Ordinance, and (3) the levying of the Major
Improvement Area Assessments on the Major Improvement Area Assessed Property.
D. Annual Collection Costs
The Annual Collection Costs shall be paid for on a pro rata basis by each Assessed Property
based on the amount of outstanding Assessment remaining on the Assessed Property.
Prior to the Trigger Date for the collection of Annual Installments for a given Parcel, the
Annual Collection Costs shall be billed and collected in the same manner as Annual
Installments in the amounts set forth in each Annual Service Plan Update. Following the
Trigger Date for the collection of Annual Installments, the Annual Collection Costs shall
be collected as part of and in the same manner as Annual Installments in the amounts
shown on the Assessment Roll, which may be revised based on actual costs incurred in
Annual Service Plan Updates.
E. Additional Interest
The interest rate on Assessments securing PID Bonds may exceed the interest rate on the
PID Bonds by the Additional Interest Rate. If applicable, Additional Interest shall be
collected as part of each Annual Installment and shall be deposited pursuant to the
applicable Indenture.
SECTION VI: TERMS OF THE ASSESSMENTS
A. Reallocation of Assessments
1. Upon Division Prior to Recording of Subdivision Plat
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 17
Upon the division of any Assessed Property (without the recording of subdivision plat),
the Administrator shall reallocate the Assessment for the Assessed Property prior to the
division among the newly divided Assessed Properties according to the following formula:
A=Bx(C=D)
Where the terms have the following meanings:
A = the Assessment for the newly divided Assessed Property
B = the Assessment for the Assessed Property prior to division
C = the Estimated Buildout Value of the newly divided Assessed Property
D = the sum of the Estimated Buildout Value for all the newly divided Assessed
Properties
The sum of the Assessments for all newly divided Assessed Properties shall equal the
Assessment for the Assessed Property prior to subdivision. The calculation shall be made
separately for each newly divided Assessed Property. The reallocation of an Assessment
for an Assessed Property that is a homestead under Texas law may not exceed the
Assessment prior to the reallocation. Any reallocation pursuant to this section shall be
reflected in the next Annual Service Plan Update and approved by the City Council.
2. Upon Subdivision by a Recorded Subdivision Plat
Upon the subdivision of any Assessed Property based on a recorded subdivision plat, the
Administrator shall reallocate the Assessment for the Assessed Property prior to the
subdivision among the new subdivided Lots based on Estimated Buildout Value according
to the following formula:
A = [B x (C _ D))/E
Where the terms have the following meanings:
A = the Assessment for the newly subdivided Lot
B = the Assessment for the Parcel prior to subdivision
C = the sum of the Estimated Buildout Value of all newly subdivided Lots with the
same Lot Type
D = the sum of the Estimated Buildout Value for all the newly subdivided Lots
excluding Non -Benefited Property
E= the number of Lots with the same Lot Type
Prior to the recording of a subdivision plat, the Owner shall provide the City an Estimated
Buildout Value as of the date of the recorded subdivision plat for each Lot created by the
recorded subdivision plat.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 18
The sum of the Assessments for all newly subdivided Lots shall not exceed the Assessment
for the portion of the Assessed Property subdivided prior to subdivision. The calculation
shall be made separately for each newly subdivided Assessed Property. The reallocation
of an Assessment for an Assessed Property that is a homestead under Texas law may not
exceed the Assessment prior to the reallocation. Any reallocation pursuant to this section
shall be reflected in the next Annual Service Plan Update and approved by the City
Council.
3. Upon Consolidation
If two or more Lots or Parcels are consolidated, the Administrator shall allocate the
Assessments against the Lots or Parcels before the consolidation to the consolidated Lot
or Parcel, which allocation shall be approved by the City Council in the next Annual Service
Plan Update.
The Assessment for any resulting Lot will not exceed the Maximum Assessment for the applicable
Lot Type, and compliance may require a mandatory prepayment of Assessments pursuant to
Section VI.B.
B. True -up of Assessments if Maximum Assessment Exceeded
Prior to the City approving a final subdivision plat, the Administrator will certify that such plat
will not result in the Assessment per Lot for any Lot Type to exceed the Maximum Assessment. If
the Administrator determines that the resulting Assessment per Lot for any Lot Type will exceed
the Maximum Assessment, then (i) the Assessment applicable to each Lot Type exceeding the
Maximum Assessment shall be reduced to the Maximum Assessment, and (ii) the person or entity
filing the plat shall pay to the City the amount the Assessment was reduced, plus Prepayment
Costs and Delinquent Collection Costs, prior to the City approving the final plat. The City's
approval of a final subdivision plat without payment of such amounts does not eliminate the
obligation of the person or entity filing the plat to pay the amounts referenced in (ii) in the
immediately preceding sentence.
C. Mandatory Prepayment of Assessments
If Assessed Property is transferred to a person or entity that is exempt from payment of the
Assessments, the owner transferring the Assessed Property shall pay to the City or the
Administrator on behalf of the City the full amount of the outstanding Assessment, plus
Prepayment Costs and Delinquent Collection Costs, if any, for such Assessed Property, prior to
the transfer. If the owner of the Assessed Property causes the Assessed Property to become
Non -Benefited Property, the owner causing the change in status shall pay the full amount of the
outstanding Assessment, plus Prepayment Costs and Delinquent Collection Costs, if any, prior to
the change in status.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 19
D. Reduction of Assessments
If as a result of cost savings or Authorized Improvements not being constructed, the Actual Costs
of completed Authorized Improvements are less than the Assessments, (i) in the event PID Bonds
are not issued, the City Council shall reduce each Assessment on a pro-rata basis such that the
sum of the resulting reduced Assessments for all Assessed Property equals the reduced Actual
Costs, or (ii) in the event PID Bonds are issued, the Trustee shall apply amounts on deposit in the
applicable account of the project fund, relating to the PID Bonds, that are not expected to be
used for purposes of the project fund to redeem outstanding PID Bonds, in accordance with the
applicable Indenture. The Assessments shall not, however, be reduced to an amount less than
the outstanding PID Bonds.
The Administrator shall update (and submit to the City Council for review and approval as part of
the next Annual Service Plan Update) the Assessment Roll and corresponding Annual Installments
to reflect the reduced Assessments.
E. Prepayment of Assessments
The owner of any Assessed Property may pay, at any time, all or any part of an Assessment in
accordance with the PID Act. If PID Bonds are issued, interest costs from the date of prepayment
to the date of redemption of the applicable PID Bonds, if any, may be paid from a reserve
established under the applicable Indenture. If an Annual Installment has been billed prior to the
Prepayment, the Annual Installment shall be due and payable and shall be credited against the
Prepayment.
If an Assessment is pre -paid in full, with Prepayment Costs: (1) the Administrator shall cause the
Assessment to be reduced to zero and the Assessment Roll to be revised accordingly; (2) the
Administrator shall cause the revised Assessment Roll to be approved by the City Council as part
of the next Annual Service Plan Update; (3) the obligation to pay the Assessment and
corresponding Annual Installments shall terminate; and (4) the City shall provide the owner with
a recordable "Notice of PID Assessment Termination," a form of which is attached as Exhibit K.
If an Assessment is pre -paid in part, with Prepayment Costs: (1) the Administrator shall cause the
Assessment to be reduced and the Assessment Roll revised accordingly; (2) the Administrator
shall cause the revised Assessment Roll to be approved by the City Council as part of the next
Annual Service Plan Update; and (3) the obligation to pay the Assessment and corresponding
Annual Installments shall be reduced to the extent of the Prepayment made.
F. Prepayment as a result of Eminent Domain Proceeding or Taking
Subject to applicable law, if any portion of any Parcel of Assessed Property is taken from an owner
as a result of eminent domain proceedings or if a transfer of any portion of any Parcel of Assessed
Property is made to an entity with the authority to condemn all or a portion of the Assessed
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 20
Property in lieu of or as a part of an eminent domain proceeding (a "Taking"), the portion of the
Assessed Property that was taken or transferred (the "Taken Property") shall be reclassified as
Non -Benefited Property.
For the Assessed Property that is subject to the Taking as described in the preceding paragraph,
the Assessment that was levied against the Assessed Property (when it was included in the Taken
Property) prior to the Taking shall remain in force against the remaining Assessed Property (the
Assessed Property less the Taken Property,) (the "Remaining Property"), following the
reclassification of the Taken Property as Non -Benefited Property, subject to an adjustment of the
Assessment applicable to the Remaining Property after any required Prepayment as set forth
below. The owner of the Remaining Property will remain liable to pay in Annual Installments, or
payable as otherwise provided by this Service and Assessment Plan, as updated, or the PID Act,
the Assessment that remains due on the Remaining Property, subject to an adjustment in the
Assessment applicable to the Remaining Property after any required Prepayment as set forth
below. Notwithstanding the foregoing, if the Assessment that remains due on the Remaining
Property exceeds the Maximum Assessment, the owner of the Remaining Property will be
required to make a Prepayment in an amount necessary to ensure that the Assessment against
the Remaining Property does not exceed the Maximum Assessment, in which case the
Assessment applicable to the Remaining Property will be reduced by the amount of the partial
Prepayment. If the City receives all or a portion of the eminent domain proceeds (or payment
made in an agreed sale in lieu of condemnation), such amount shall be credited against the
amount of prepayment, with any remainder credited against the assessment on the Remaining
Property.
In all instances the Assessment remaining on the Remaining Property shall not exceed the
Maximum Assessment.
By way of illustration, if an owner owns 100 acres of Assessed Property subject to a $100
Assessment and 10 acres is taken through a Taking, the 10 acres of Taken Property shall be
reclassified as Non -Benefited Property and the remaining 90 acres of Remaining Property shall
be subject to the $100 Assessment, (provided that this $100 Assessment does not exceed the
Maximum Assessment on the Remaining Property). If the Administrator determines that the
$100 Assessment reallocated to the Remaining Property would exceed the Maximum
Assessment on the Remaining Property by $10, then the owner shall be required to pay $10 as a
Prepayment of the Assessment against the Remaining Property and the Assessment on the
Remaining Property shall be adjusted to be $90.
Notwithstanding the previous paragraphs in this subsection (F), if the owner of the Taken
Property notifies the City and the Administrator that the Taking prevents the Remaining Property
from being developed for any use which could support the Estimated Buildout Value
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 21
requirement, the owner shall, upon receipt of the compensation for the Taken Property, be
required to prepay the amount of the Assessment required to buy down the outstanding
Assessment to the Maximum Assessment on the Remaining Property to support the Estimated
Buildout Value requirement. Said owner will remain liable to pay the Annual Installments on both
the Taken Property and the Remaining Property until such time that such Assessment has been
prepaid in full.
Notwithstanding the previous paragraphs in this subsection (F), the Assessments shall not,
however, be reduced to an amount less than the outstanding PID Bonds, if issued.
G. Payment of Assessment in Annual Installments
Assessments that are not paid in full shall be due and payable in Annual Installments. In no case
will the Assessment for any Lot Type exceed the Maximum Assessment. Annual Installments are
subject to adjustment in each Annual Service Plan Update.
The Administrator shall prepare and submit to the City Council for its review and approval an
Annual Service Plan Update to allow for the billing and collection of Annual Installments. Each
Annual Service Plan Update shall include updated Assessment Rolls and updated calculations of
Annual Installments. Annual Collection Costs shall be allocated pro rata among Assessed
Properties for which the Assessments remain unpaid in proportion to the amount of the Annual
Installments for the Assessed Property. Annual Installments shall be collected by the City in the
same manner and at the same time as ad valorem taxes. Annual Installments shall be subject to
the penalties, procedures, and foreclosure sale in case of delinquencies as set forth in the PID Act
and in the same manner as ad valorem taxes for the City. The City Council may provide for other
means of collecting Annual Installments. Assessments shall have the lien priority specified in the
PID Act. For billing purposes only, until a plat has been recorded within the District, the Annual
Installment will be billed to each property ID within the District based on the Williamson Central
Appraisal District acreage.
Sales of the Assessed Property for nonpayment of Annual Installments shall be subject to the lien
for the remaining unpaid Annual Installments against the Assessed Property, and the Assessed
Property may again be sold at a judicial foreclosure sale if the purchaser fails to timely pay the
Annual Installments as they become due and payable.
The City reserves the right to refund PID Bonds, if issued, in accordance with the PID Act, if such
bonds are issued. In the event of a refunding, the Administrator shall recalculate the Annual
Installments so that total Annual Installments will be sufficient to pay the refunding bonds, and
the refunding bonds shall constitute "PID Bonds."
Each Annual Installment of an Assessment, including interest on the unpaid principal of the
Assessment, shall be updated annually. Each Annual Installment shall be due when billed and
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 22
shall be delinquent if not paid prior to February 1 of the following year. Failure of an owner of
Assessed Property to receive an invoice for an Annual Installment on the property tax bill or
otherwise shall not relieve the owner of Assessed Property of the obligation to pay the
Assessment. Assessments, or Annual Installments thereof, that are delinquent shall incur
Delinquent Collection Costs.
SECTION VII: ASSESSMENT ROLL
The Major Improvement Area Assessment Roll is attached as Exhibit F. The Administrator shall
prepare and submit to the City Council for review and approval, proposed revisions to the
Assessment Roll and Annual Installments for each Parcel within the Assessed Property as part of
each Annual Service Plan Update.
SECTION VIII: ADDITIONAL PROVISIONS
A. Calculation Errors
If the owner of an Assessed Property claims that an error has been made in any calculation
required by this Service and Assessment Plan, including, but not limited to, any calculation made
as part of any Annual Service Plan Update, the sole and exclusive remedy of the owner of
Assessed Property shall be to submit a written notice of error to the Administrator by December
15t of each year following City Council approval of the calculation; otherwise, the owner shall be
deemed to have unconditionally approved and accepted the calculation. Upon receipt of a
written notice of error from an owner the Administrator shall provide a written response to the
City Council and the owner within 30 days of such referral. The City Council shall consider the
owner's notice of error and the Administrator's response at a public meeting, and within 30 days
after adjourning such meeting, the City Council shall make a final determination as to whether
an error has been made. If the City Council determines that an error has been made, the City
Council shall take such corrective action as is authorized by the PID Act, this Service and
Assessment Plan, the applicable Assessment Ordinance, or the applicable Indenture, or is
otherwise authorized by the discretionary power of the City Council. The determination by the
City Council as to whether an error has been made, and any corrective action taken by the City
Council, shall be final and binding on the owner and the Administrator.
B. Amendments
Amendments to this Service and Assessment Plan must be made by the City Council in
accordance with the PID Act. To the extent permitted by the PID Act, this Service and Assessment
Plan may be amended without notice to owners of the Assessed Property: (1) to correct mistakes
and clerical errors; (2) to clarify ambiguities; and (3) to provide procedures to collect
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 23
Assessments, Annual Installments, and other charges imposed by this Service and Assessment
Plan.
C. Administration and Interpretation
The Administrator shall: (1) perform the obligations of the Administrator as set forth in this
Service and Assessment Plan; (2) administer the District for and on behalf of and at the direction
of the City Council; and (3) interpret the provisions of this Service and Assessment Plan.
Interpretations of this Service and Assessment Plan by the Administrator shall be in writing and
shall be appealable to the City Council by owners of Assessed Property adversely affected by the
interpretation. Appeals shall be decided by the City Council after providing an opportunity for all
interested parties to be heard at a public meeting of the City Council. Decisions by the City Council
shall be final and binding on the owners and developers and their successors and assigns.
D. Severability
If any provision of this Service and Assessment Plan is determined by a governmental agency or
court to be unenforceable, the unenforceable provision shall be deleted and, to the maximum
extent possible, shall be rewritten to be enforceable. Every effort shall be made to enforce the
remaining provisions.
E. Form of Buyer Disclosure
Per Section 5.014 of the Texas Property Code, as amended, this Service and Assessment Plan, and
any future Annual Service Plan Updates, shall include a form of the buyer disclosures for the
District. The buyer disclosures are attached hereto as Exhibit L. Within seven days of approval by
the City Council, the City shall file and record in the real property records of the County the
executed ordinance approving this Service and Assessment Plan, or any future Annual Service
Plan Updates. The executed ordinance, including any attachments, approving this Service and
Assessment Plan or any future Annual Service Plan Updates shall be filed and recorded in its
entirety.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 24
LIST OF EXHIBITS
Exhibit A
District/ Major Improvement Area Legal Description
Exhibit B
District/ Major Improvement Area Boundary Map
Exhibit C
Authorized Improvements
Exhibit D
Service Plan — Five Year Plan
Exhibit E
Service Plan —Sources and Uses
Exhibit F
Major Improvement Area Assessment Roll
Exhibit G
Major Improvement Area Annual Installments
Exhibit H
District Estimated Buildout Value
Exhibit I
Map of Authorized Improvements
Exhibit J
Lot Type Classification Map
Exhibit K
Notice of PID Assessment Termination
Exhibit L Buyer Disclosures
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 25
LIST OF APPENDICIES
Appendix A Engineer's Report
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 26
EXHIBIT A - DISTRICT/MAJOR IMPROVEMENT AREA LEGAL DESCRIPTION
EARLY LAND SURVEYING, LLC
P.O. Box 92588, Austin, TX 78709
512-202-8631
earlysurveying.com
TBPELS Firm No. 10194487
361.943 ACRES
WILLIAMSON COUNTY, TEXAS
A DESCRIPTION OF 361.943 ACRES (APPROXIMATELY 15,766,246 SQ. FT.) IN
THE CHARLES H. DELANEY SURVEY NO.11, ABSTRACT NO. 181 IN WILLIAMSON
COUNTY, TEXAS, BEING ALL OF A 362.01 ACRE TRACT CONVEYED TO GVM III,
LLC IN A SPECIAL WARRANTY DEED DATED JANUARY 30, 2019 AND RECORDED
IN DOCUMENT NO. 2019009671 OF THE OFFICIAL PUBLIC RECORDS OF
WILLIAMSON COUNTY, TEXAS; SAID 361.943 ACRES BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at a 1/2" rebar found in the north right-of-way line of Ronald Reagan
Boulevard (right-of-way width varies) as described in Document No. 2006073735 of the
Official Public Records of Williamson County, Texas, being the southernmost southeast
corner of the said 362.01 acre tract, being also the southwest corner of Lot 5, Block F,
Wade Crossing Phase 1, a subdivision recorded in Cabinet T, Slide 61 of the Plat
Records of Williamson County, Texas;
THENCE with the north right-of-way line of Ronald Reagan Boulevard and the south
line of the said 362.01 acre tract, the following thirteen (13) courses and distances:
1. South 64°21'56" West, a distance of 61.85 feet to a 1/2" rebar with "RPLS 5784"
cap found;
2. With a curve to the left, having a radius of 8650.00 feet, a delta angle of
04026'04", an arc length of 669.48 feet, and a chord which bears South 62"20'34"
West, a distance of 669.31 feet to a 1/2" rebar with "PBSJ" cap found;
3. North 30'06'18" West, a distance of 9.99 feet to a 1/2" rebar with "PBSJ" cap
found;
4. With a curve to the left, having a radius of 8670.00 feet, a delta angle of
01°28'05", an arc length of 222.14 feet, and a chord which bears South 59023'20"
West, a distance of 222,14 feet to a 1/2" rebar with "RPLS 5784" cap found;
5. South 58°39'00" West, a distance of 254.37 feet to a 1/2" rebar with "PBSJ" cap
found;
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 27
Page 2
6. North 31°4032" West, a distance of 9.94 feet to a 1/2" rebar with "PBSJ" cap
found,
7. South 58°39'01" West, a distance of 1518.07 feet to a 1/2" rebar with "PBSJ" cap
found;
8 South 31°34'30" East, a distance of 20.03 feet to a 1/2" rebar with "PBSJ" cap
found;
9, South 58°39'20" West, a distance of 1706.47 feet to a 1/2' rebar with "PBSJ" cap
found;
10. North 32°01'03" West, a distance of 9.97 feet to a 112" rebar with "PBSJ" cap
found;
11. South 58°4041" West, a distance of 382.01 feet to a 1/2" rebar with "PBSJ" cap
found;
12. South 31 ° 19'19" East, a distance of 10,14 feet a cotton spindle "Early Boundary"
washer set;
13. South 58'40'41" West, a distance of 42.16 feet to a 112" rebar with "PBSJ" cap
found for the southwest corner of said 362.01 acre tract, being the southeast
corner of a 523.521 acre tract described in Document No. 2022010857 of the
Official Public Records of Williamson County, Texas;
THENCE with the west line of said 362,01 acre tract and the east line of said
523.521 acre tract, the following six (6) courses and distances;
1. North 20°51'09" West, a distance of 1031.61 feet to a 112" rebar found in the
west side of a live oak tree;
2. North 27°20'27" West, a distance of 238.87 feet to a 1/2" rebar with illegible cap
found;
3. North 20°43'00" West, a distance of 451.23 feet to a 1/2" rebar with illegible cap
found;
4. North 20*44'15" West, a distance of 766.10 feet to a 1/2" rebar with illegible cap
found;
5. North 6403815" East, a distance of 15.94 feet to 1/2" rebar found;
6. North 21003'54" West, a distance of 2128,29 feet to a 1/2" rebar with "RPLS
5784" cap found for the northwest comer of said 362.01 acre tract;
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 28
Page 3
THENCE North 68"43'41" East, with the north line of the 362.01 acre tract and the south
line of the 523.521 acre tract, passing a 1/2" rebar with 'Bury" cap found at a distance of
729.11 feet and continuing for a total distance of 3065.64 feet to a 1/2" rebar found in
the southwest right-of-way line of County Road 248, being the northeast comer of the
said 362.01 acre tract, being the easternmost comer of the said 523.521 acre tract;
THENCE with the west right-of-way line of County Road 248 and the east line of the
said 362.01 acre tract, the following five (5) courses and distances:
1. South 64'44'40" East, a distance of 923.60 feet to a 1/2" rebar found;
2. South 40'32'58" East, a distance of 91.06 feet to a 1/2" rebar found;
3. South 15030'30" East, a distance of 728.47 feet to a 6" x 6" square metal fence
post;
4. South 38036'41" East, a distance of 440.03 feet to a 1/2" rebar found;
5. South 60°43'49" East, a distance of 359,07 feet to a 1/2" rebar in concrete found
for a southeast comer of the said 362.01 acre tract, being an angle point in the
north line of Lot 36, Block F, of said Wade Crossing Phase 1, from which a 1/2"
rebar found for angle point in the south right -oaf -way line of County Road 248,
being the northeast corner of Lot 36, bears North 14°44'57" East, a distance of
21.45 feet;
THENCE with the common line of the said 362.01 acre tract, said Wade Crossing
Phase 1 and Wade Crossing Phase II, a subdivision recorded in Cabinet V, Slide 227 of
the Plat Records of Williamson County, Texas, the following ten (10) courses and
distances;
1. South 68'42'08" West, a distance of 700,14 feet to a 1/2' rebar with `Diamond"
cap found for the northwest comer of said Lot 36, Block F, of said Wade
Crossing Phase 1;
2. South 21"17'04" East, a distance of 160.18 feet to a 112" rebar found for the
southwest comer of said Lot 36, being the northwest corner of Lot 32. Block F, of
said Wade Crossing Phase II;
3. South 21"02'35" East, a distance of 157.37 feet to a 1/2" rebar with illegible cap
found for the northwest corner of Lot 31, Block F, of said Wade Crossing Phase
II;
4. South 21'1 T20" East, a distance of 231.14 feet to a 1/2" rebar with illegible cap
found for the southwest comer of said Lot 31, being the northwest comer of Lot
30, Block F, of said of said Wade Crossing Phase II,
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 29
Page 4
5. South 21°10'18" East, a distance of 244.21 feet to a 1/2" rebar with illegible cap
found for the southwest comer of sold Lot 30, being the northwest comer of Lot
29, Block F, of said Wade Crossing Phase 11;
6. South 21`13'23" East, a distance of 296.63 feet to a 1/2" rebar with illegible cap
found for the southwest corner of said Lot 29:
7. South 21015'05" East, a distance of 130.36 feet to a mag nail in concrete found
for the southwest corner of Lot 28, Block F, of said Wade Crossing Phase 11, from
which a 1/2" rebar found, bears North 13°10'21" East, a distance of 0.72 feet;
8. North 6901603" East, a distance of 249,83 feet to a 1/2' rebar with illegible cap
found for the southeast corner of said Lot 28, being the southwest comer of Lot
27, Block F, of said Wade Crossing Phase 11;
9. North 69°12'00" East, a distance of 1231.49 feet to a 1/2" rebar found for the
southeast comer of Lot 9, Block F, of said Wade Crossing Phase 11;
10. South 17040'36" East, a distance of 407.67 feet to the POINT OF BEGINNING,
containing an area of 361.943 acres, more or less.
Surveyed on the ground on March 30, 2023
Bearing Basis: The Texas Coordinate System of 1983 (NAD83), Central Zone, utilizing
the SmartNet North America Network.
Attachments: Survey Drawing No. 1093-002-BASE
03 ' F
Joe Ben Early, Jr. Date
Regiatered Professional Land Surveyor j;;c SJEN EARLY J►►
State of Texas No. 6016 6016
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 30
EARLY LAND SURVEYING, LLC
P.O. Box 93568, Austin, TX 79709
$12-202-8631
earlysurveying.com
TBPIELS Firm No, 10194487
112.041 ACRES
VWLLIAMSON COUNTY, TEXAS
A DESCRIPTION Of 112.041 ACRES (APPROXIMATELY 4,880,523 SQ, FT) IN THE
C.H. DELANEY SURVEY NO, 11, ABSTRACT NO. 181 IN WILLIAMSON COUNTY,
TEXAS, BEING A PORTION OF LOT 5, M.C. HAMILTON'S SUBDIVISION, A
SUBDIVISION OF RECORD IN VOLUME 27, PAGE 137 OF THE DEED RECORDS
Of WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF A 113.5 ACRE TRACT
CONVEYED TO EM21E FISHER IN A DEED DATED APRIL 11, 1979 AND
RECORDED IN VOLUME 756, PAGE 287 OF THE DEED RECORDS OF
WILLIAMSON COUNTY, TEXAS, SAVE AND EXCEPT A 10,000 SQ, FT. TRACT
DESCRIBED IN A MEMORANDUM OF PCS SITE AGREEMENT DATED APRIL 26,
2001, AND RECORDED IN DOCUMENT NO. 2001040420 OF THE OFFICIAL PUBLIC
RECORDS OF WILLIAMSON COUNTY, TEXAS, AND AMENDED IN DOCUMENT NO,
2017027880 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY,
TEXAS; SAID 112.041 ACRES BEING MORE PARTICULARLY DESCRIBED BY
METES AND BOUNDS AS FOLLOWS:
BEGINNING at a concrete highway monument found for a point of tangency in the west
right-of-way line of Ranch Road 2338 (variable width right-of-way) as described in
Volume 416, Page 60 of the Deed Records of Williamson County, Texas, and shown on
TXDOT right-of-way strip map CSJ 2211-01-001, being in the south line of said 113.5
acre tract, same being the south line of said Lot 5, being also In the north line of a 50
acre tract described in Volume 353, Page 94 of the Deed Records of Williamson
County, Texas;
THENCE South 69°10'58' West, with the south line of said 113.5 acre tract, some being
the south line of said Lot 5, also being the north line of said 50 acre tract, a distance of
374.52 feet to a 17 rebar with "Steger Bizzetl' cap found for the northernmost
northeast corner of Lot 1, G.I.S.D. West Side, a subdivision of record In Document No.
2018043822 of the Official Public Records of Williamson County, Texas;
THENCE South 69"08'50" West, with the south line of said 113.5 acre tract, same being
The south line of said Lot 5, also being the north line of said Lot 1, a distance of 1407,11
feet to a 1 t2" rebar found;
THENCE South 69°20'01" West, continuing with the south line of said 113,5 acre Iract,
same being the south line of said Lot 5, aiso being the north line of said Lot 1, passing
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 31
Page 2
at a distance of 1659,17 feet a 112" rebar with "Steger Blzzeli" cap found in the east
right-of-way line of County Road 248 (right-of-way width varies), being the northwest
corner of said Lot 1, also being the northeast comer of a 1.43 acre right-of-way
dedication shown on said G.I_S_D. West Side subdivision, passing at an additional
distance of 23,47 feet a 112" rebar with "Steger Bizzell" cap found for the northwest
corner of said 1.43 acm right-of-way dedication and continuing, in all, a total distance of
1730.44 feet to a calculated point in the center of the existing pavement of County Road
248;
THENCE with the centerline of the existing pavement of County Road 248, as
approximated by the following courses and distances:
1. North 65"5T11" West, a distance of 456.27 feet to a calculated point;
2. North 67"52'24" West, a distance of 1147.05 feet to a calculated point;
3. North 60"21'36" West, a distance of 78.43 feet to a calculated point for the
northwest comer of said 113.5 acre tract, being in the north line of said Lot 5;
THENCE North 68°39'29" East, with the north line of said 113.5 acre tract, same being
the north line of said Lot 5, a distance of 45,32 feet to a bent 112" rebar found in the east
right-of-way line of County Road 248, being the southeast corner of a right-of-way
dedication shown on West Ridge Subdivision Section One, a subdivision of record In
Cabinet P, Slide 358 of the Plat Records of Williamson County, Texas, also being the
southwest comer of Block 8 of said West Ridge Subdivision Section Onc
THENCE North 68°39'29" East, with the north line of said 113.5 acre tract, same being
the north line of said Lot 5, and the south line of said Block B, West Ridge Subdivision
Section One, and Block B. West Ridge Subdivision Section Two, a subd vision of record
In Cabinet 0, Slide 82, of the Plat Records of Williamson County, Texas, and Block B,
West Ridge Subdivision Section Three, a subdivision of record in Cabinet 0, Slide 84,
of The Plat Records of Williamson County, Texas, and Block B, West Ridge Subdivision
Section Four, a subdivision of record in Cabinet O, Slide 311, of the Plat Records of
Williamson County, Texas, a distance of 4632.80 feet to a calculated point for an angle
point in the west right-of-way line of Ranch Road 2338, being the southwest corner of a
20' right-of-way dedication shown on said West Ridge Subdivision Section Four;
THENCE North 68"39'29" East, with the right-of-way line of Ranch Road 2338 and the
north line of said 113.5 acre tract, same being the north line of said Lot 5, passing at a
distance of 18,99 feet to 1 Q2 rebar found, and continuing, in all, a total distance of 20.00
feet to a calculated point for an angle point in the west right-of-way line of Ranch Road
2338, from which:
a concrete highway monument found for a point of tangency in the west right -of
way line of Ranch Road 2338, bears North 22°14'26" West, a distance of
1814.24 feet,
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 32
Page 3
• a concrete highway monument found in the east right-of-way line of Ranch Road
2338, bears North 22"14'26' West, a distance of 63.67 feet, and North 67°45`34'
East, a distance of 80.00 feet;
THENCE crossing said 113.5 acre tract with the west right-of-way line of Ranch Road
2338, the following courses and distances:
1. South 22"14'26" East, a distance of 962.43 feet to a calculated point for a point of
curvature, from which a disturbed concrete highway monument found, bears
South 67045'34" West, a distance of 1.30 feet;
2. With a curve to the right, having a radius of 11419.16 feet, a delta angle of
01 a 14'47", an arc length of 248.41 feet, and a chord which bears South 21 °33"43'
East, a distance of 248.40 feet to the POINT OF BEGINNING, containing an
area of 112.271 acres, for a net acreage of 112.041 acres of land, more or less,
of which approximately 1.375 acres lies between the fence and the center of the
existing pavement of County Road 248,
SAVE AND EXCEPT TRACT
A DESCRIPTION OF 10,000 SO. FT. W THE C.M. DELANEY SURVEY NO. 11,
ABSTRACT NO. 181 IN WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF
LOT 5, M.C. HAMILTON'S SUBDIVISION, A SUBDIVISION OF RECORD IN VOLUME
27, PAGE 137 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING
A PORTION OF A 113.5 ACRE TRACT CONVEYED TO EMZIE FISHER IN A DEED
DATED APRIL 11, 1979 AND RECORDED IN VOLUME 756, PAGE 287 OF THE
DEED RECORDS OF WILLIAMSON COUNTY, TEXAS AND BEING ALL OF A 10,000
SQ. FT. TRACT DESCRIBED IN A MEMORANDUM OF PCS SITE AGREEMENT
DATED APRIL 26, 2001, AND RECORDED IN DOCUMENT NO. 2001040420 OF THE
OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, AND AMENDED
IN DOCUMENT NO. 2017027880 OF THE OFFICIAL PUBLIC RECORDS OF
WILLIAMSON COUNTY, TEXAS; SAID 10,000 SO, FT, MORE PARTICULARLY
DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
COMMENCING at a bent 1/2' rebar found In the east right-of-way line of County Road
248, being the southeast comer of a right-of-way dedication shown on West Ridge
Subdivision Section One, a subdivision of record in Cabinet P, Slide 358 of the Plat
Records of Williamson County, Texas, being the southwest corner of Lot 4, Block B of
the said West Ridge Subdivision Section One, being also in the north line of the said
113.6 acre tract;
THENCE South 67"22'36" East, crossing the said 113,5 acre tract, a distance of
1307.76 feet to a 5/8" rebar with "Cobb Fendley Associates" cap found for THE POINT
OF BEGINNING, being the apparent west corner of the said 10.000 sq. ft. tract;
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 33
Page 3
• a concrete highway monument found in the east right-of-way line of Ranch Road
2338, bears North 22' 14'26" West, a distance of 63.67 feet, and North 67045'34"
East, a distance of 80.00 feet;
THENCE crossing said 113.5 acre tract with the west right-of-way line of Ranch Road
2338, the following courses and distances:
1. South 22"14'26" East, a distance of 962.43 feet to a calculated point for a point of
curvature, from which a disturbed concrete highway monument found, bears
South 6764634" West, a distance of 1.30 feet;
2. With a curve to the right, having a radius of 11419,16 feet, a delta angle of
01'14'47", an arc length of 248.41 feet, and a chord which bears South 21°3343'
East, a distance of 248.40 feet to the POINT OF BEGINNING, containing an
area of 112.271 acres, for a net acreage of 112.041 acres of land, more or less,
of which approximately 1.375 acmes lies between the fence and the center of the
existing pavement of County Road 248,
SAVE AND EXCEPT TRACT
A DESCRIPTION OF 10,000 SO. FT, IN THE C,H. DELANEY SURVEY NO. 11,
ABSTRACT NO. 181 IN WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF
LOT 5, M.C. HAMILTON'S SUBDIVISION, A SUBDIVISION OF RECORD IN VOLUME
27, PAGE 137 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING
A PORTION OF A 113.5 ACRE TRACT CONVEYED TO EMZIE FISHER IN A DEED
DATED APRIL 11, 1979 AND RECORDED IN VOLUME 756, PAGE 287 OF THE
DEED RECORDS OF WILLIAMSON COUNTY, TEXAS AND BEING ALL OF A 10,000
SO. FT. TRACT DESCRIBED IN A MEMORANDUM OF PCS SITE AGREEMENT
DATED APRIL 26, 2001, AND RECORDED IN DOCUMENT NO. 2001040420 OF THE
OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, AND AMENDED
IN DOCUMENT NO. 2017027880 OF THE OFFICIAL PUBLIC RECORDS OF
WILLIAMSON COUNTY, TEXAS; SAID 10,000 Sid, FT, MORE PARTICULARLY
DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
COMMENCING at a bent 112' rebar found in the east right-of-way line of County Road
248, being the southeast corner of a right-of-way dedication shown on West Ridge
Subdivision Section One, a subdivision of record in Cabinet P, Slide 358 of the Plat
Records of Williamson County, Texas, being the southwest comer of Lot 4, Block B of
the said West Ridge Subdivision Section One, being also in the north line of the said
113.5 acre tract;
THENCE South 67°22'36" East, crossing the said 113.5 acre tract, a distance of
1307.76 feet to a 5.18" rebar with "Cobb Fendiey Associates" cap founts for THE POINT
OF BEGINNING, being the apparent west corner of the said 10,000 sq. ft. tract;
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 34
Page 4
THENCE continuing across the said 113.5 acre tract with the apparent perimeter of the
said 10.000 sq. ft, tract, the following courses and distances,
1. North 22°37'24" East, a distance of 100.00 feet to a calculated point;
2. South 67°22'36" East, a distance of 100.00 feet to a 5/8" rebar with "Cobb
Fendley Associates" cap found;
3. South 2213724" West, a distance of 100.00 feet to a calculated point, from which
a 1/2" rebar with "Steger Bizzell" cap found in the east right-of-way line of County
Road 248 (right-of-way width varies), being the northwest comer of Lot 1,
G.I.S.D. West Side, a subdivision of record in Document No. 2018043822 of the
Official Public Records of Williamson County, Texas, being the northeast corner
of a 1.43 acre right-of-way dedication shown on the said G.I.S.D. West Side
subdivision, also being in the south line of the said 113.6 acre tract bears,
South 68'38'13" East, a distance of 292.54 feet;
4. North 67"2736" West, a distance of 100.00 feet the POINT OF BEGINNING,
containing 10,000 sq. ft., more or less.
Surveyed on the ground on December 30, 2024.
Bearing Basis: The Texas Coordinate System of 1983 (NAD83), Central Zone, utilizing
the SmartNet North America Network.
Attachments: Survey Drawing No. 1093-002-BASE-125 AC
(C%1 rr.
olrozr2ozs Jahn L. Briley Date Registered Professional Land Surveyor State of Texas No. 7070
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 35
C1SD Property
[See next 8 pages]
BEING 98.38 acres of land, situated in the Charles 11. Delaney Survey, Abstract No, 181, in
Williamson County, Texas, said land being a portion of that certain tract of land, called 132,42
acres, as conveyed to Willrae Partners I, Ltd. by deed recorded as Document No. 2004067447 of
the Official Records of Williamson County, Texas. Surveyed on the ground in the month of
December, 2005, under the supervision of Brian F. Peterson, Registered Profesional Land
Surveyor, and being more particularly dcscribcd as follows;
BEGINNING at an iron pin sound on the west line of Farm to Market Highway No. 2338, marking
the trust easterly Northeast corner of the above -referenced Willrac Partners 1, Ltd. tract, being the
occupied Southeast corner of that certain tract of land, called 50 acres, as conveyed to Emcic Lce
Fisher and wife, Elzora Fisher, by deed as recorded in Volume 353, Page 94, of the Deed Records
of Williamson County, Texas, for the most easterly Northeast corner hereof;
THENCE, along the said west line of F-M. highway No. 2338, being an easterly line of the said
Willrac Partners 1, Ltd. tract, S 200 59' 45" E, 140.01 feet to an iron pin set for the most northerly
Southeast corner hereof;
THENCE, S 69° 36' 15" W, 565.00 feet to an iron pin set for an interior corner hereof;
THENCE, S 24° 18' 15" W, 260.32 feet to an iron pin set for an interior corner hereof;
THENCE, S 20° 59' 45" E, 815.00 feet to an iron pin set; and S 25' 10' 15" E, 944.38 feet to an
iron pin set on the north line of County Road No. 248, being the south line of the said Willrae
Partners I, Ltd. tract, for the most southerly Southeast corner hereof;
THENCE, along the north and cast line of County Road No_ 248, being the south and west line of
the said Willrae Partners I, Ltd, tract, as follows; N 86' 19' 30" W, 26,23 feet to an iron pin found;
N 82" 15' 30" W, 120.16 feet to an iron pin found; N 69' 37' 30" W, 134.82 feet, to an iron pin
found; N 650 08' W, 230,89 feet to an iron pin found; N 68' 34' W, 207,37 feet to an iron pin
found at a 10" Hackberry; N 72' 09' 30" W, 270.16 feet to an iron pin lound at an 8" Hackbcrry;
N 820 40' 45" W, 414.51 feet to an iron pin found; N 870 18' 30" W, 789.19 feet to an iron pin
found at a 4" hive Oak; N 77" 36' W, 53,97 feet to an iron pin found; N 630 23'
15" W, 279,77 feet to an iron pin found; N 51 ° 54' 15" W, 77.46 feet to an iron pin found; N 38'
09' 30" W, 259.64 feet to an iron pin found at an 8" Live Oak; N 31 ° 52' 15" W, 64.78 feet to an
iron pin found; N 190 53' W, 223.39 feet to an iron pin found; N 12' 48' 45" W. 198.09 feet to an
iron pin found at an 8" Live Oak; N 15' 03' 15" W. 314.92 feet to an iron pin found; N 33' 5 1 '
15" W, 73.71 feet to an iron pin found; N 441 52' W. 48.30 feet to an iron pin found; N 57' 54'
30" W, 66.91 feet to an iron pin found; l\ 64" 39' W, 447.55 feet to an iron pin found and N 65'
D9' W, 371.07 feet to an iron pin found for the Northwest comer of the said Willrac Partners 1,
Ltd. tract, being the Southwest corner of that curtain tract of land, called 113.50 acres, as conveyed
to Emzie Lee Fisher by dead as recorded in Volume 756, Page 287, of the Deed Records of
Williamson County, Texas, for the Northwest comer hereof;
Page 1 of 8
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 36
THENCE, along the south line of the said 113.50 acre Fisher tract, N 6911 20' F, 1,682.59 feet to
an iron pin found marling the most northerly Northeast corner of the said Willrae Partners 1, Ltd,
tract, for the most northerly Northeast corner hereof;
THENCE, with a fence, along an easterly line of the said Willrae Partners 1, Ltd, tract, being the
west line of the said 50 acre Fisher tract, as follows; S 14" 54' 15" E, 295.09 feet to a 40d nail
found; S 14' 07' 45" E, 185,37 feet to a 40d nail found at a railroad tic post; S 180 39' 15" E, 80.97
feet to a 40d nail found; S 20° 00' 45" 1 , 64.09 feet to a 40d nail found; S 21' 35' 45" E, 106,19
feet to a 40d nail found at a 32" Live Oak; S 20' 29' E, 280.39 feet to a 40d nail found and S 20'
59' 45" E, 141.06 feet to an iron pin found marking an interior corner of the said Willrae Partners
1, Ltd. tract, being the Southwest comer of the said 50 acre Fisher tract, for an interior comer
heroof,;
THENCE, N 698 36' 15" E, 1,841.06 feet to the Place of BEGINNING and containing 98.38
acres of land.
Page 2 of 8
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 37
DESCRIPTION Of l." ACRES OF LAND
DESCRIPTION OF A 1.63 ACRE TRACT OF LAND LOCATED IN THE CKULES H. DULANEY SURVEY
NO.2, AELSMACT NO, 161, WILLIAMSON COUNTY, TOW, BEING A PORTION OF THAT CERTAIN
CALLED $4.124 ACRE TRACT OF LAND CONVEYED TO TROOP DURGIN WRIGHT PROPERTIES, LP,
BY WARRANTY DEED OF RECORD IN DOCU%*NT NUMBER 2016000533, OF THE OFFICIAL PUBLIC
RECORDS OF WILLIAMSON COUNTY, TEXAS (OPRL SAID 1.63 ACRE TRACT OF LAND BEING
SURVEYED ON THE GROUND IN JANUARY, 1023, UNDER THE DIRECT SLIPERVI51014 OF PATRICK J.
STEVENS, RPLS, AND B9146 MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS
FOLLOWS;
111GINNIRItD, at a 1/t,Indh Iran set wft tap sta"Id "!TIGER 81MELL" so In the mast boundary Bne of seed 34,124
acre Iran and In the west right of way of Ranch Road 2338, a risht of way of vartablewidth of ratord in Volume 416,
Page GO, of the deed retards of Wlluamson County, Texas {ORS, for the southeast corner and POINT OF Wis NNING
of the herein described tract, from which a 1/24nctt iron rod with rap stamped 'ML' found in the wart INe of
said Ranch Road I338 for an easterly comer of said 34 1Z4 acre tract lies South 20'59'34" lest, a distance of 258.26
f4et;
TNBNCE, aver and berm seid 34A24 acre tract. North 56'07'25" West, a dieurca of 35.31 fast to a V2•inch Iran
to wfq, cap stanipad 'STEGER BUZELL', and South 01YSB it west, a distance of 724.89 feat to a cotton spindle set
with W43AW srArnpsd 'STEGER 9t2ZtLL" in the Nat bowWwy Brae of that certain Called 98,38 acre tract of lard
oorsveyed to GeorBetawn Indepesldertt School Distriet by wwy"V Dead or racord In Decoment Numbsr
2006075903, OPR, for the southwest comer of the herein described tract, from which a Sf 2dntih Iron sat with cop
otarnped "SIEGER 6122ELL" In the octet Rae of said 90.38 acre tract for a westerly comer of said 34.124 acre tract Ass
South 20'593R' East, a distence of 149,72 feat;
THOMCE, North 20'5938" West, a distance of 94,01 feet to a 1/Z•Inch iron set with cap stamped "STEGER DIZZELL'
In the east Itne of sold 98 38 acre tract Mad In Nit nest IN of Bald 34.124 scre tract for the northwest co,"m of the
ha elln described tract;
THENCE, aver and across sand 34,114 acre tract, North i19'?6'3B' East, a distance of 724.90 ices to a 2/2•irti a iron
tat with cap stamped'STEGBR B122ELL', and Nora+ 24'0'34' East, a distance of 35.30 feet to a 1/2-Inch Iron set
WO tap Stamped "STEGER RUELL' In tro estt Nine of said 34.224 acrid tract, and in the writ Rne of sold Ranch Road
2331, for the rsosthead owner of the herein described tract;
TII WF with the east Ilse of said 34.124 acre tract, same bein6 the +Mast IWO of told Randy Road 2338, South
20's4'94' East, a dKtantca of 143.90 hat la the POW OF IMISMINO, and conbininS 1.63 aces *(land, more or
less, within these mates and bounds.
BearinV are based On the TSMS Coordinate Sysbem of 1993, Central Zone (NAD 23 (2011)1, AN distances shown
hereon art 6rld valuas represented in U_S. Sarvey Feat,
Page 3 of 8
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 38
The hwegdng metes and bounds descrk%lon and survey on which It Is based Is acwmprnled by and a put of a sketch
of the stb*t tract,
I ranMy that this descrlpdon was prepared from an an the #round survey made In January, 2023, by me or under my
superAslon,
shw & YItzaIi fn#Iraerin# Inc_
!1
r,
a3-3
Pet*kS. Stevens. WS
TO= Rea. No. 5794
197# setstfs AUM ANN*
Georptew% Team M26
15121950.9412
TIIMLS Fttn No. IM7W
P:12M-22999\22928 6130 Troop 1_74sclOurvey 0atA0@%crlptWr%t M23-QS0 TROOP ROW-GlItIO,dou
Page 4of8
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 39
DESCRIPTION OF
DESCRIPTION OF A 38.53 ACRE TRACT OF LAND LOCATED IN THE C.H.
OILAWY SURVEY, ABSTRACT 181.1MI DAMSON COUNTY, TEXAS, HEIING Ott r
Or THAT iCCRTAIN 50 ACRE TRACT Of LAND CONVEYED TO EMZIE LEE F15HCR,
CT UX, BY WARRA'.; , DEED OF RECORD IN VOLUME 354, PAGE 94, OF THE
DEED RECORDS OF WILUAMSON COUNrY, IEXAS, SAID 38.53 ACRE TRACT
OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS
AS FOLLOWS:
COMMEN(TNG, at a 1/2 inch iron rod found on the west right-of-way line of RM 2338, also
known as Williams Drive, an $0,00 V , t wide roadway, as dedicated in Votul-,- 416, Page
60, said Diced Records, at its intersection with the south hoe of said 50 acre tract of land,
for the eastern most northeast corner of that Certain 98.38 acre tract of land conveyed to
the Georgetown Independent School District by Warranty Deed of record in Document No.
2006075905, of the Official Public Records of Nvtlllamson County, texas, from which point
a 1/2 inch Iron rod with cap stamped '5784" found on said west tight -of -way line of RM
2138, for the eastern most southeast corner of said 98.111 ac tract of Land, same point being
the northeast corner of that certain 34 124 acre tract of land conveyed to Troop Dsirgin
Wright Properties, LP, by Special Warranty Deed of record in Documerrl No. 20161'.+:0533,
said Official Public Records bears South 21'LlVool Cast, with said right- 34 way, a distance
of 139,94 feet;
THENCE, Srruth 69'35'44` West, with said south line of the 50 acre tract, same line being a
north line of said 98.38 acre tract, a distance of 374,52 feet to a 1/2 Inch Iron rod with rap
stamped "SILGER BJLLELL" set for the southeast corner and POINT OF REGWMNG of the
herein described tract;
THENCE, South 69'36'44" West, continuing with the Common line of the 50 acre tract and
the 98.38 acre tract, a distance of 1466,64 feet, to a 1/2 inch Iron rod found fur the
southw-a corner of said 50 acre tract, same point being an interior corner of said SISA8
acre tract of land, and far the southwest corner of the herein described trar_t;
THENCE, with the wort line of said 50 acre tract, same Ifne being an east line of said 98 38
act tract, the following seven (7) courses and distances.
1. Nwth 20'59'16" West, a distance of 141.06 feet, to a 112 mch iron rod with cap
stavWd "STEGER BIZZELL" set;
2 North 20`29'49" West, a distance of 290 19 feet to a 40d nail in a fence post lound;
3. North 21'33'45' West, a distance of 106 02 feet, to a 40d nail in a fence post found;
4 North 20'04'23' West, a distance of &4.17 feet, to a 40d nail In a fence post found;
Page S of S
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 40
5 North 19*37'34" West, a distance of 80.98 feet, to to 1/2 inch iron rod with cap
stamped 'STEGER BIZZELL" set,
6. Not t h l4'06'04" West, a diztance of 185.'r9 feet, to a 40d nail in a 1- 40, post found;
7. Nrlrth t4-53'55" West, a dlsleMce of 791, 09 feet, to a 1/2 Inch iron rod fours-i on the
�ntah ni„• of that certain 113 acre tract of land Lrmveycd to Enizlc Lee Fishet by
drni! ,.r r.• rare! r V^I:m,,. .',,1., r,,i;r 7'AT, sst Ln•oo Records. for the northwest
+ryrnel oil „Irl SO aerie tr.0 t, s:lrns poinf being the northern most northeast corner
el-` 5A,r19l1 tR Nt re tr r� : i;( ;arrv, and lur the northwest caner of the horeirl described
tract;
I'MENJCF, North 69-09-19" East, with the north fine of sald SU acre tract, same line heina said
south Ilne �,r the 113.5 acre tract of land, a distance. of 1407,10 feet, to a /2 inch iron rod
With cap st.tntped "STEGER Rt7ZEL1" set Ior the northeast corner of the herein described
Inert from which point is Texas Uoparlmont of Transportation concrete monument with
brAu disc (TxDOT 'ype III found on said West right-of-way line of RM 2138, tzars North
69'09'19` Fast. a drarance of 374.So feet:
East, sr•vrrrrng said Sul acre tract, a distance of 1161,85 feet, to
the POINT OF BEGINNING, and r_nlitaining 38.S3 acres of land, intore or less, within these
I'M— And lin-imds.
Bearings are based on thPTrxas i<oardinate System of 1983, Central lone (NAD_83(70111).
AM dictancel; stluwn hereon are surface values represented In U.S. Swvey Feet based on a
Grid -to -Surface Combined Adjustment Factor of 1 00i115,
The forgoing metes and tx)umds description and survey on whk h It is based is accompanied
by and a Part of survey rnap of the subler.t tract.
I certify that this d(!"Ptrun was Prepared from a survey made on the ground Injun June
and July 2017, under my superyrsion.
Steger K Bizzelt fneirtcr-nng Inc
f1'
� � .
���1ErQf 7f�-i
fill
Miguel A. Escobar, LSLS, RPLS
&Guief crG�. E........
Texas Reg NO. 5630
1978 South Austin Avenue
Georgetown, Texas 78626
ssroT�``���/
\�oS11NYEi4P:X
(512) 930-9412
Tens firm No. 10DO3700
r V200"%S"L la GISD rl%hei ' t . r+, I .
_ �Survryne;a�UexnpS.urs�27�3Cmdb�GlgpFyherrreGidocs --
w.di' A,0
Page 6 of 8
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 41
EARLY LAND SURVEYING, LLC
P.O. Box 92S88, Austin, TX 78709
512.202-111631
cariyaurvcying_com
TRPELS Pirm No. 10194497
10.001 ACRES
1flfil.UAM50N COUNTY, TEXAS
A DESCRIPTION OF 10,001 ACRES (APPROXIMATELY 435,639 SQ. FT) IN THE
C H DELANEY SURVEY NO 11 ABSTRACT NO 151 IN WILLIAMSON COUNTY.
TEXAS, BEING A PORTION OF A 50 ACRE TRACT CONVEYED TO EMZIE AND
ELZORA FISHER IN A WARRANTY DEED DATED NOVEMBER 5, 1948 AND
RECORDED 1N VOLUME 353, PACE 94 OF THE DEED RECORDS OF WILLIAMSON
COUNTY, TEXAS: SAID 10 001 ACRES BEING h1f)!tE PA141 ICUtAXLY Ut-iiCNIeI=U
BY METES AND BOUNDS AS FOLLOWS:
BEGOMINO at a concrete highway rnonumenl found for a point of langency in the west
right-of-way line of Ranch Road 2338 (variable width right -of -Bray) as described in
Volume 416. Page 60 of the Deed Records of Wifitamson County, Texas, and shown on
TXDOT right-of-way ship map CSJ 2211-01-001, boetg in the north Una of Bald 50 acre
tract, also being In the south line of a 113 5 sue Tract described in Vodurne 756, Page
287 of the Deed Records of Williamson County, Texas, same being the south lint of Lot
5 of M C, Hamilton'@ Subdivision, a subdivision M record In Volume 27. Page 137 of the
Deed Records of Wiliemson County, Texas, from which a concrete highway monument
found in the east right-of-way fine of Ranch Road 2330, boars North 69°31'36' East, a
distance of 80.00 foot:
THENCE South 20"59'36' East, with The weal right -al -way Isle of Ranch Road 2338,
crossing said 50 acre tract, a distance of 1184,60 feet 10 a 112" rebar with "Early
Boundary' cap set for an angle point In the west right-of-way Una of Ranch Road 2338,
being in the south line of said 50 acre tract, being the northeast corner of a 3,84 B Bit_ IL
rlght•of-way dedicaton shown an the G.I S 0 West Side, a subdivision of record In
Document No 2018043822 of Its Official Public Records of Williamson County. Texas,
from which a 112" rebar with 'Steger Bizzel' cap found for the southeast corner of Bald
3,848 $it ft right-of-way dedication, bears South 20'5916"East. a cl stanoe of 139.94
feel.
THENCE South 69°37'24" West, with the right-of-way line of Ranch Road 2338, same
being the north line of said 3,848 sq. It ngm-of•way dedicaiiwi. also being the south fine
of spid 50 acre tract, a distance of 27 50 Mvt to a ' 12' rebar wr;h "Early Boundary" cap
sal for Uxr easternmost nonheaof corner of Lol 1, No& A of said G I,S.D. West Side,
being the northwest corner of said 3,848 sq. ft right-of-way dedication;
Page 7 of 8
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 42
Page 2
THENCE South 89*3724" Vet, with the south line of said 50 acre Iraq and a norlh line
of said Lot 1, a dialanoe of 347,07 feet to a 112" rebar with 'Sleger Bizzeil' cap found for
an in'ennr corner of tAor l.ol 1
THENCE North 20`5931' West, crossing aatld 50 scre tract with an east tins of said
Lot 1, a dlelence of 1151.72 hat to a 112' rebar with 'Slgsr Biuell' Cap Sound in the
north lire of said 64 we tract, being Ow norther rocet northeast corner of said Lot 1.
bxslrlg also in the "h i,ne of said 113 5 acrs tract, same being the south line of said
Lot S;
THENCE North 69'10$0" East, with the north line of Bald 50 acre tract, and the south
line of said 113.5 sue tract, same being the south ins of said Lot 5, a distance of
374 62 feet to the POW OF BEGINNING. containing an me of 10.001 scree, mono or
left.
Surveyed on the ground on August 28, 2024,
Bearing Basin The Texas Coord vale System of 1983 (NA093), Central Zone, utilizing
Ine SmorlNet North Anwnca Nermxx
Altachments; Survey Omwing No 1093-002e 125AC
L.yt a8 Sri-r--r
John L. B Date
Registered proleaaionat Land Surveyorw
Stele of Texas No. 7070
9. ,.
• °
Maur
Page 8 of 8
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 43
EXHIBIT B - DISTRICT/MAJOR IMPROVEMENT AREA BOUNDARY MAP
HEIRLOOM TRACT
DISTRICT BOUNDARY / MAJOR IMPROVEMENT AREA EXHIBIT
i I
1
ax�c—
�
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 44
EXHIBIT C -AUTHORIZED IMPROVEMENTS
Major Improvement Area Improvements [b]
Streets
Water
Wastewater
Drainage
Parkland
Soft Costs[c]
Contingency
Bond Issuance Costs je)
Debt Service Reserve Fund
Capitalized Interest
Underwriter Discountif]
Cost of Issuance
Other Costs [e]
Deposit to Administrative Fund
Total
Footnotes:
$ 5,740,904
$ 1,168,742
$ 1,385,791
$ 2,060,233
$ 2,000,000
$ 1,795,227
$ 15,849,004
$ 1,869,193
2,707,208
626,850
$ 40,000
$ 40,000
$ 22,346,493
W_��
F1171
9.00% $
516,681.32
91.00% $
5,224,222
9.00%
105,187
91.00%
1,063,555
9.00%
124,721
91.00%
1,261,070
9.00%
185,421
91.00%
1,874,812
9.00%
180,000
91.00%
1,820,000
9.00%
134,570
91.00%
1,660,656
9.00%
149,590
91.00%
1,548,518
$
1,396,170
$
14,452,834
$ 1,396,170
$ 1,869,193
2,707,208
626,850
$ 20,950,323
[a] Per Engineer's Report dated August 2026.
[b] The Major Improvements are allocated between Non -Assessed ISD Site and the Major Improvement Area based on the total LUEs.
[c] Soft costs include engineering, staking, surveying, project management and District Formation Costs.
[d] Not reimburseable to the Developer through Assessments or the issuance of PID Bonds.
[e] Preliminary estimates only and subject to change upon the issuance of PID Bonds.
[f] Includes the fee of counsel to the Underwriter.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 45
EXHIBIT D - SERVICE PLAN - FIVE YEAR PLAN
Principal $ - $ S 386,000.00 $ 413,000.00 5 443,000.00
Interest 1,296,796.00 1,410,413.00 1,410,412.50 1,384,357.50 1,356,480.00
Capitalized Interest (1) (1,296,796.00) (1,410,413.00)
$ - $ $ 1,796,412.50 $ 1,797,357.50 $ 1,799,480.00
Additional Interest (2) $ - $ $ 104,475.00 $ 102,545.00 $ 100,480.00
Annual Collection Costs (3) $ 40,800.00 $ 41,616.00 $ 42,448.32 $ 43,297.29 $ 44,163.23
Total Annual Installment Due (4) _ (1) + (2) + (3) $ 40,800.00 $ 41,616.00 $ 1,943,335.92 $ 1,943,199.79 $ 1,944,123.23
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 46
EXHIBIT E - SERVICE PLAN - SOURCES AND USES
Major Improvement Area Bonds
$
20,895,000
$
$
20,895,000
Developer Contribution[-]
55,323
1,396,170
1,451,493
Total Sources of Funds
$
20,950,323
$
1,396,170
$
22,346,493
Major Improvements
$
Uses of Funds
14,452,834
$
1,396,170
$
15,849,004
$
14,452,834
$
1,396,170
$
15,849,004
Bond Issuance Costs IN
Debt Service Reserve Fund
$
1,869,193
$
-
$
1,869,193
Capitalized Interest
2,707,208
2,707,208
Underwriter Discountl`I
626,850
626,850
Cost of Issuance
1,254,238
1,254,238
$
6,457,489
$
$
6,457,489
Other Costs IN
Deposit to Administrative Fund
$
40,000
$
$
40,000
$
40,000
$
$
40,000
Total Uses of Funds
$
20,950,323
$
1,396,170
$
22,346,493
Footnotes:
[a] Not reimbursable to the Developer through Assessments or the issuance of PID Bonds.
[b] Preliminary estimates only and subject to change upon the issuance of PID Bonds.
[c] Includes the fee of counsel to the Underwriter.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 47
EXHIBIT F - MAJOR IMPROVEMENT AREA ASSESSMENT ROLL
R093976
1
Non -Assessed Property
$
$
R570140
2
Major Improvement Area Initial Parcel
$ 636,378.53
$ 1,242.61
R570140
3
Major Improvement Area Initial Parcel
$ 768,454.70
$ 1,500.50
R570140
4
Non -Assessed Property
$
$
R570140
5
Non -Assessed Property
$
$
R649611
6
Non -Assessed Property
$
$
R039430
7
Non -Assessed Property
$
$
R039375
7
Non -Assessed Property
$
$
R570140
8
Non -Assessed Property
$
$ -
R039376
9
Major Improvement Area Initial Parcel
$ 4,168,357.71
$ 8,139.22
R039364
10
Major Improvement Area Initial Parcel
$ 13,456,360.19
$ 26,275.16
R684456
11
Major Improvement Area Initial Parcel
5 1,865,448.87
5 3.642.51
Total
$ 20,895,000.00
$ 40,800.00
Footnotes:
[a] For billing purposes, the Major Improvement Area Annual Installment due 1/31/2027 shall be allocated pro rata based on acreage Property IDs preliminary and subject to
change prior to billing.
[b] Annual Installment due may not match Service Plan or Annual Installment schedule due to rounding.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 48
EXHIBIT G - MAJOR IMPROVEMENT AREA ANNUAL INSTALLMENTS
2027
$
$
1,296,796
$ (1,296,796) $
$
40,800
$
40,800
2028
$
$
1,410,413
$ (1,410,413) $
$
41,616
$
41,616
2029
$ 386,000
$
1,410,413
$ $
104,475
$
42,448
$
1,943,336
2030
$ 413,000
$
1,384,358
$ $
102,545
$
43,297
$
1,943,200
2031
$ 443,000
$
1,356,480
$ $
100,480
$
44,163
$
1,944,123
2032
$ 474,000
$
1,326,578
$ $
98,265
$
45,046
$
1,943,889
2033
$ 507,000
$
1,294,583
$ $
95,895
$
45,947
$
1,943,425
2034
$ 543,000
$
1,260,360
$ $
93,360
$
46,866
$
1,943,586
2035
$ 581,000
$
1,223,708
$ $
90,645
$
47,804
$
1,943,156
2036
$ 623,000
$
1,184,490
$ $
87,740
$
48,760
$
1,943,990
2037
$ 667,000
$
1,142,438
$ $
84,625
$
49,735
$
1,943,797
2038
$ 714,000
$
1,097,415
$ $
81,290
$
50,730
$
1,943,435
2039
$ 765,000
$
1,049,220
$ $
77,720
$
51,744
$
1,943,684
2040
$ 819,000
$
997,583
$ $
73,895
$
52,779
$
1,943,257
2041
$ 878,000
$
942,300
$ $
69,800
$
53,835
$
1,943,935
2042
$ 940,000
$
883,035
$ $
65,410
$
54,911
$
1,943,356
2043
$ 1,007,000
$
819,585
$ $
60,710
$
56,010
$
1,943,305
2044
$ 1,079,000
$
751,613
$ $
55,675
$
57,130
$
1,943,417
2045
$ 1,156,000
$
678,780
$ $
50,280
$
58,272
$
1,943,332
2046
$ 1,239,000
$
600,750
$ $
44,500
$
59,438
$
1,943,688
2047
$ 1,328,000
$
517,118
$ $
38,305
$
60,627
$
1,944,049
2048
$ 1,423,000
$
427,478
$ $
31,665
$
61,839
$
1,943,982
2049
$ 1,525,000
$
331,425
$ $
24,550
$
63,076
$
1,944,051
2050
$ 1,634,000
$
228,488
$ $
16,925
$
64,337
$
1,943,750
2051
$ 1,751,000
$
118,193
$ $
8,755
$
65,624
$
1,943572
Total
$ 20,895.000
$
23.733,594
$ (2,707,209) $
1,557,510
$
1,306,836
$
44,785:731
Footnotes:
[a] Interest is calculated at a 6.75% rate for illustrative purposes.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection
Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 49
EXHIBIT H - DISTRICT ESTIMATED BUILDOUT VALUE
Major Improvement Area - Future Improvement Areas
60' East
27
$ 490,000 $ 13,230,000
60' West
300
550,000 165,000,000
45' East
231
445,000 102,795,000
45' West
305
480,000 146,400,000
35' East
50
415,000 20,750,000
35' West
270
435,000 117,450,000
25'
150
385,000 57,750,000
Townhome
100
385,000 38,500,000
Courtyard East
61
425,000 25,925,000
Courtyard West
55
450,000 24,750,000
BTR
100
415,000 41,500,000
Multifamily East
275
250,000 68,750,000
Multifamily West
975
275,000 269,125,000
Commercial
255,000
180 45,900,000
Totall
I S 1,136,825,000
Footnotes:
[a] As provided in the Developer model dated 8/5/26.
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 50
EXHIBIT I - MAPS OF AUTHORIZED IMPROVEMENTS
HEIRLOOM TRACT
DRAINAGE IMPROVEMENT MAP
� r — � R0�1110wNtlE.
.+ ® •a+arw� � .. l
�.,. :4;
`smw�
J
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 51
HEIRLOOM TRACT
SANITARY IMPROVEMENT MAP I -
WASTEIYATFH y!
1J_
�N
t� I
f
-- ---- -- - - -_ : - - - --
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 52
HEIRLOOM TRACT WATER IMPROVEMENT MAP
-W,m►
I
1 �
1
I
11
1
I
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 53
HEIRLOOM TRACT PAVEMENT IMPROVEMENT MAP
vww
t�
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN
81111111
GIIIIIII
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN
EXHIBIT J - DISTRICT CONCEPT PLAN
I
HEIRLOOM MASTER PLAN
CONCEPT ONLY - SUBJECT TO CHANGE
DO NOT 0®N000 V6
OL V A02s
---
Ro wty
Q
q*remllrNadladd
a
R*F..*w.,L-W
O
row
rh
.,.
B 8W' .X. LIONHEART
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 56
EXHIBIT K - NOTICE OF PID ASSESSMENT TERMINATION
P3Works, LLC
9824 Huntington Square, Suite 100
North Richland Hills, TX 76182
[Date]
Williamson County Clerk's Office
Honorable [County Clerk Name]
Williamson County Justice Center County Clerk
405 Martin Luther King, Jr. St.
Georgetown, TX 78626
Re: City of Georgetown Lien Release documents for filing
Dear Ms./Mr. [County Clerk Name],
Enclosed is a lien release that the City of Georgetown is requesting to be filed in your office. Lien
release for [insert legal description]. Recording Numbers: [Plat]. Please forward copies of the filed
documents below:
City of Georgetown
Attn: [City Secretary]
808 Martin Luther King, Jr. St.
Georgetown, TX 78626
Please contact me if you have any questions or need additional information.
Sincerely,
[Signature]
P3Works
P: (817) 393-0353
admin@p3-works.com
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 57
AFTER RECORDING RETURN TO:
[City Secretary Name]
808 Martin Luther King, Jr. St.
Georgetown, TX 78626
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR
STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENTTHAT TRANSFERS
AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR
SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.
FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF WILLIAMSON §
THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full Release") is executed
and delivered as of the Effective Date by the City of Georgetown, Texas.
RECITALS
WHEREAS, the governing body (hereinafter referred to as the "City Council") of the City of
Georgetown, Texas (hereinafter referred to as the "City "), is authorized by Chapter 372, Texas Local
Government Code, as amended (hereinafter referred to as the "Act"), to create public improvement
districts within the corporate limits and extraterritorial jurisdiction of the City; and
WHEREAS, on or about August 26, 2025, the City Council for the City, approved Resolution
No. 082625-5.P, creating the Heirloom Public Improvement District; and
WHEREAS, the Heirloom Public Improvement District consists of approximately 622.525
contiguous acres located within the City; and
WHEREAS, on or about , the City Council, approved Ordinance No.
(hereinafter referred to as the "Assessment Ordinance") approving a service and assessment plan
and assessment roll for the Property within the Heirloom Public Improvement District; and
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 58
WHEREAS, the Assessment Ordinance imposed an assessment in the amount of $
(hereinafter referred to as the "Lien Amount") for the following property:
[legal description], a subdivision in Williamson County, Texas, according to the map or plat of record
in Document/Instrument No. of the Plat Records of Williamson County, Texas (hereinafter
referred to as the "Property"); and
WHEREAS, the property owners of the Property have paid unto the City the Lien Amount.
RELEASE
NOW THEREFORE, the City, the owner and holder of the Lien, Instrument No. , in the Real
Property Records of Williamson County, Texas, in the amount of the Lien Amount against the
Property releases and discharges, and by these presents does hereby release and discharge, the
above -described Property from said lien held by the undersigned securing said indebtedness.
EXECUTED to be EFFECTIVE this the day of 20
CITY OF GEORGETOWN, TEXAS,
By:
[City Official Name], City Official Title
ATTEST:
[Secretary Name], City Secretary
STATE OF TEXAS §
COUNTY OF WILLIAMSON §
This instrument was acknowledged before me on the day of , 20J by [City
Official Name], City Official Title for the City of Georgetown, Texas, on behalf of said municipality.
Notary Public, State of Texas
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 59
EXHIBIT L— BUYER DISCLOSURES
Forms of the buyer disclosures for the following Lot Types are found in this Exhibit:
Maior Improvement Area
• Major Improvement Area Initial Parcel
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 60
HEIRLOOM PUBLIC IMPROVEMENT DISTRICT MAJOR IMPROVEMENT AREA
INITIAL PARCEL BUYER DISCLOSURE
NOTICE OF OBLIGATIONS RELATED TO PUBLIC IMPROVEMENT DISTRICT
A person who proposes to sell or otherwise convey real property that is located in a public
improvement district established under Subchapter A, Chapter 372, Local Government Code
(except for public improvement districts described under Section 372.005), or Chapter 382,
Local Government Code, shall first give to the purchaser of the property this written notice,
signed by the seller.
For the purposes of this notice, a contract for the purchase and sale of real property having a
performance period of less than six months is considered a sale requiring the notice set forth below.
This notice requirement does not apply to a transfer:
I) under a court order or foreclosure sale;
2) by a trustee in bankruptcy;
3) to a mortgagee by a mortgagor or successor in interest or to a beneficiary
of a deed of trust by a trustor or successor in interest;
4) by a mortgagee or a beneficiary under a deed of trust who has acquired the
land at a sale conducted under a power of sale under a deed of trust or a sale
under a court -ordered foreclosure or has acquired the land by a deed in lieu of
foreclosure;
5) by a fiduciary in the course of the administration of a decedent's
estate, guardianship, conservatorship, or trust;
6) from one co-owner to another co-owner of an undivided interest in the
real property;
7) to a spouse or a person in the lineal line of consanguinity of the seller;
8) to or from a governmental entity; or
9) of only a mineral interest, leasehold interest, or security interest
The following notice shall be given to a prospective purchaser before the execution of a binding
contract of purchase and sale, either separately or as an addendum or paragraph of a purchase
contract. In the event a contract of purchase and sale is entered into without the seller having
provided the required notice, the purchaser, subject to certain exceptions, is entitled to terminate
the contract.
A separate copy of this notice shall be executed by the seller and the purchaser and must be
filed in the real property records of the county in which the property is located at the closing of
the purchase and sale of the property.
AFTER RECORDING' RETURN TO:
NOTICE OF OBLIGATION TO PAY IMPROVEMENT DISTRICT ASSESSMENT TO
CITY OF GEORGETOWN, TEXAS
CONCERNING THE FOLLOWING PROPERTY
STREET ADDRESS
MAJOR IMPROVEMENT AREA INITIAL PARCEL PRINCIPAL ASSESSMENT:
$20,895,000.00
As the purchaser of the real property described above, you are obligated to pay
assessments to City of Georgetown, Texas, (the "City"), for the costs of a portion of a public
improvement or services project (the "Authorized Improvements") undertaken for the benefit of
the property within Heirloom Public Improvement District (the 'District") created under
Subchapter A, Chapter 372, Local Government Code.
AN ASSESSMENT HAS BEEN LEVIED AGAINST YOUR PROPERTY FOR THE
AUTHORIZED IMPROVEMENTS, WHICH MAY BE PAID IN FULL AT ANY TIME. IF
THE ASSESSMENT IS NOT PAID IN FULL, IT WILL BE DUE AND PAYABLE IN
ANNUAL INSTALLMENTS THAT WILL VARY FROM YEAR TO YEAR DEPENDING
ON THE AMOUNT OF INTEREST PAID, COLLECTION COSTS, ADMINISTRATIVE
COSTS, AND DELINQUENCY COSTS.
The exact amount of the assessment may be obtained from the City. The exact amount
of each annual installment will be approved each year by the City of Georgetown, Texas, City
Council in the annual service plan update for the District. More information about the
assessments, including the amounts and due dates, may be obtained from the City.
Your failure to pay any assessment or any annual installment may result in penalties and
interest being added to what you owe or in a lien on and the foreclosure of your property.
' To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and
sale and to be recorded in the deed records of Williamson County when updating for the Current Information of Obligation to Pay Improvement
District Assessment.
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above.
DATE:
SIGNATURE OF PURCHASER
DATE:
SIGNATURE OF PURCHASER
The undersigned seller acknowledges providing this notice to the potential purchaser
before the effective date of a binding contract for the purchase of the real property at the address
described above.
DATE:
SIGNATURE OF SELLER
DATE:
SIGNATURE OF SELLER]'
'To be included in copy of the notice required by Section 5.014, Tex. Prop. Code, to be executed by seller in accordance with Section 5.014(a-
1), Tex. Prop. Code.
Signature Page to Initial Notice
of Obligation to Pay Improvement District Assessment
[The undersigned purchaser acknowledges receipt of this notice before the effective date
of a binding contract for the purchase of the real property at the address described above. The
undersigned purchaser acknowledged the receipt of this notice including the current
information required by Section 5.0143, Texas Property Code, as amended.
DATE:
DATE:
SIGNATURE OF PURCHASER SIGNATURE OF PURCHASER
STATE OF TEXAS
COUNTY OF
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the
purposes therein expressed.
Given under my hand and seal of office on this _
Notary Public, State of Texas13
20
3 To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and
sale and to be recorded in the deed records of Williamson County.
Purchaser Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
[The undersigned seller acknowledges providing a separate copy of the notice required by
Section 5.014 of the Texas Property Code including the current information required by Section
5.0143, Texas Property Code, as amended, at the closing of the purchase of the real property at the
address above.
DATE:
SIGNATURE OF SELLER
STATE OF TEXAS §
COUNTY OF §
DATE:
SIGNATURE OF SELLER
The foregoing instrument was acknowledged before me by and
, known to me to be the person(s) whose name(s) is/are subscribed to the
foregoing instrument, and acknowledged to me that he or she executed the same for the purposes
therein expressed.
Given under my hand and seal of office on this , 20_
Notary Public, State of Texas]4
To be included in separate copy of the notice required by Section 5.0143, Tex. Prop. Code, to be executed at the closing of the purchase and sale and
to be recorded in the deed records of Williamson County.
Seller Signature Page to Final Notice with Current Information
of Obligation to Pay Improvement District Assessment
ANNUAL INSTALLMENTS - MAJOR IMPROVEMENT AREA INITIAL PARCEL
2027
$
$ 1,296,796
$ (1,296,796) $
$ 40,800
$ 40,800
2028
$
$ 1,410,413
$ (1,410,413) $
-
$ 41,616
$ 41,616
2029
$
386,000
$ 1,410,413
$ $
104,475
$ 42,448
$ 1,943,336
2030
$
413,000
$ 1,384,358
$ $
102,545
$ 43,297
$ 1,943,200
2031
$
443,000
$ 1,356,480
$ $
100,480
$ 44,163
$ 1,944,123
2032
$
474,000
$ 1,326,578
$ $
98,265
$ 45,046
$ 1,943,889
2033
$
507,000
$ 1,294,583
$ $
95,895
$ 45,947
$ 1,943,425
2034
$
543,000
$ 1,260,360
$ $
93,360
$ 46,866
$ 1,943,586
2035
$
581,000
$ 1,223,708
$ $
90,645
$ 47,804
$ 1,943,156
2036
$
623,000
$ 1,184,490
$ $
87,740
$ 48,760
$ 1,943,990
2037
$
667,000
$ 1,142,438
$ $
84,625
$ 49,735
$ 1,943,797
2038
$
714,000
$ 1,097,415
$ $
81,290
$ 50,730
$ 1,943,435
2039
$
765,000
$ 1,049,220
$ $
77,720
$ 51,744
$ 1,943,684
2040
$
819,000
$ 997,583
$ $
73,895
$ 52,779
$ 1,943,257
2041
$
878,000
$ 942,300
$ $
69,800
$ 53,835
$ 1,943,935
2042
$
940,000
$ 883,035
$ $
65,410
$ 54,911
$ 1,943,356
2043
$
1,007,000
$ 819,585
$ $
60,710
$ 56,010
$ 1,943,305
2044
$
1,079,000
$ 751,613
$ $
55,675
$ 57,130
$ 1,943,417
2045
$
1,156,000
$ 678,780
$ $
50,280
$ 58,272
$ 1,943,332
2046
$
1,239,000
$ 600,750
$ $
44,500
$ 59,438
$ 1,943,688
2047
$
1,328,000
$ 517,118
$ $
38,305
$ 60,627
$ 1,944,049
2048
$
1,423,000
$ 427,478
$ $
31,665
$ 61,839
$ 1,943,982
2049
$
1,525,000
$ 331,425
$ $
24,550
$ 63,076
$ 1,944,051
2050
$
1,634,000
$ 228,488
$ $
16,925
$ 64,337
$ 1,943,750
2051
$
1,751,000
$ 118,193
$ $
8,755
$ 65,624
S 1.943,572
Total
$
20.895,000
$ 23,733,594
$ (2,707,2091 $
1.557,510
$ 1,306,836
$ 44,785,731
Footnotes:
[a] Interest is calculated at a 6.75% rate for illustrative purposes.
[b] The figures shown above are estimates only and subject to change in Annual Service Plan Updates. Changes in Annual Collection
Costs, reserve fund requirements, interest earnings, or other available offsets could increase or decrease the amounts shown.
Annual Installment Schedule to Notice
of Obligation to Pay Improvement District Assessment
APPENDIX A — ENGINEER'S REPORT
[Remainder of page left intentionally blank]
HEIRLOOM PID PRELIMINARY SERVICE AND ASSESSMENT PLAN 59
Heirloom Tract
MIA PID
HeirloomTX, LLC.
PID Engineering Report
City of Georgetown, Williamson County, Texas
Gray Civil
TBPE Registration No. F-2946
August 2026
Overview —
The Heirloom Combined Tract (Site) is an approximately 622.528 acre development located
within the City of Georgetown in Williamson County. The site is located at the northwest corner
of the intersection of Ronald Reagan Boulevard and RM 2338. Zoning on the tract consists of zone
RS — Residential Single -Family, MF-2 — High -Density Multifamily, TH — Town Home, and zone C-3
— General Commercial, along with a GISD school site and dedicated parkland. Zoning estimates
are based on the land plan provided by the client from the Development Plan approved by the
City. The Preliminary Plat for the western tract was submitted on September 8th, 2025 consisting
of 935 total lots (879 single-family lots, 51 non-residential lots, 2 commercial lots, and 3 multi-
family lots). The Preliminary Plat for the eastern tract will be submitted at the beginning of
September 2026.
The development is in the North Fork San Gabriel River watershed and lies within the
Contributing Zone of the Edwards Aquifer. Refer to Exhibit 1 for a Location Map. There is
approximately 1 acre of the site located within the 100-year floodplain as defined on the FEMA
Panel No. 48491CO275E and 48491CO100E effective date September 26, 2008.
Public Improvement District —
The Heirloom Tract development is subject to the Planned Unit Development Zoning Ordinance
2025-45. This report focuses on the Major Improvement Area (MIA) consisting of Phase 1
improvements that will be reimbursed with PID Bond Issue #1. See Exhibits 1 and 2 for
MIA/district area map and legal descriptions.
MIA contains the full 622.528 acres located across the western and eastern tracts of the site.
Phase 1 will contain 7,770 If of collector road and 26.88 acres of parkland with trail networks,
and no single-family lots. It will also include street, drainage, water, and wastewater
improvements.
Zoning —
Zoning —
The Heirloom Tract development is located entirely within the City of Georgetown full purpose
jurisdiction and is subject to the RS Base district and C3 Base district requirements of the City of
Georgetown with modifications described in the 2025-45-PUD zoning ordinance.
Development Improvements —
Paving Improvements
With Phase 1, primary access to the site will be provided via the Heirloom Pkwy. extension, which
will continue on the west side of Williams Drive opposite of the existing section of Parmer Ranch
Blvd. built with the Parmer Ranch Development. The Heirloom Pkwy. collector will then continue
across the site, intersect CR 248 with a proposed roundabout, and turn south before tying into
the existing section of Ronald Reagan Blvd. The subsequent residential phases of the
development will branch off of Heirloom Pkwy. for access. The collector will utilize a 96' ROW
with a 4-lane divided 50' pavement section and 10' sidewalks on either side. Road section design
is described in the Planned Unit Development Zoning Ordinance 2025-45-PUD.
Proposed streets have been designed to urban standards consisting of concrete curb and gutter
and will be designed with a flexible pavement section consisting of prepared subgrade, crushed
limestone base, and hot mix asphaltic concrete (HMAC) pavement surface. The pavement
recommendations can be found in the Heirloom tract Geotechnical Investigation reports
prepared by MLA Geotechnical dated November 2025.
The proposed street network meets City of Georgetown horizontal and vertical geometric design
criteria. Ten -foot sidewalks with ADA ramps will be constructed along the collector on both sides
of the street and will be constructed following standard specifications and details. Signage, valley
gutters, excavation, embankment, clear and grub, and testing are also included within these
improvements. See Heirloom Tract Phase 1 Construction plans prepared by Gray Civil for
additional design information and street cross sections.
Water and Wastewater Utilities
The Site will be served water by the City of Georgetown. An existing 24" line is located on the
east side of CR 248, an existing 30" line is located on the south side of Ronald Reagan Blvd, and
an existing 12" line is located on the west side of RM 2338. As part of the subdivision
improvements, a 12" waterline is proposed to be constructed down Heirloom Pkwy. in a
dedicated easement and connected to the existing 30" waterline. The northern portion of the
site will be served by a proposed 12" line to be connected to the existing 12" line. Water will be
provided to the individual lots by proposed 8-inch and 12-inch water lines located within the
public ROW. Utility line sizing is preliminary in nature and will ultimately depend on
recommendation from GUS and their water model.
The portion of the Site that generally slopes from northeast to southwest will gravity flow via a
proposed 12" trunk line into an existing manhole offsite to the southwest corner of the site and
to the existing Nolina lift station. For the remainder of the site, a lift station will be constructed
at the northeast corner and wastewater flows will be pumped back to an existing manhole
connection to a 12" gravity wastewater line along Ronald Reagan Blvd. via a force main. Phase 1
will include the construction of the 12" main trunk line through the site, with 8" local lines within
the Heirloom Pkwy. ROW.
Internal wastewater utilities will be typically located within the proposed right-of-way's standard
assignments as established by the City of Georgetown. Internal water mains will be located
outside of the pavement within the right-of-way per GUS standard assignment. The internal lines
will be constructed in accordance with the GUS water and wastewater system design criteria and
specifications. Improvements include trench excavation and embedment, trench safety, piping,
valves, hydrants, manholes, service connections, testing, related earthwork, erosion controls and
all necessary appurtenances.
Drainage
Stormwater runoff generated within the development will be conveyed by a system of curb and
gutters, inlets, storm drains, channels, and ponds before being released into a tributary of either
the North Fork San Gabriel River to the south or Berry Creek to the east, and onto neighboring
properties. The drainage study performed for the preliminary plat utilizes the NRCS method to
determine peak flow runoff for the 2-, 10-, 25-, and 100-year storms. The site is entirely within
the Edwards Aquifer Contributing Zone, and will therefore be required to provide water quality
treatment and submit a related Contributing Zone Plan to TCEQ for all construction plan
submittals.
Most of the site generally slopes in a southerly direction and is bisected by a small tributary of
the North Fork San Gabriel River, conveying offsite flows through the site. This tributary
constitutes roughly 22.5 acres of existing calculated non-FEMA floodplain on the site, and will
necessitate two main culvert/bridge crossings. The portion of the site that flows to the northeast
includes the 1 acre of FEMA zone A floodplain and constitutes a tributary to Berry Creek. Water
Quality best management practices will be used to meet both the TCEQ's 80% TSS removal
requirements along with the City of Georgetown's 85% removal requirement. Detention will be
provided to reduce developed flows to pre -developed conditions for the 2, 10, 25, and 100-yr
storm events.
Drainage improvements include trench excavation and embankment, trench safety, piping,
manholes, junction boxes, inlets, headwalls, channels, and associated outflow structures, testing,
related earthwork, and erosion controls.
Parkland Improvements
The improvements to the parkland include the construction of a 10' wide paved hike and bike
trail built to ADA standards along with associated benches and lighting. There will also be a
network of bench cut, natural surface trails woven throughout the parkland/floodplain area.
U
Refer to Exhibits 3 through 6 for maps of the improvements.
Soft Costs
Costs related to designing, constructing, installing, and financing the PID Improvements,
including land planning and design, City fees, engineering, soil testing, survey, construction
management, legal fees, consultant fees, contingency, inspection fees, district formation costs,
landscaping and other PID costs incurred and paid by the developer.
District Formation Costs —
District Formation Costs consist of the costs associated with forming the District, including, but
not limited to, attorney fees, engineering costs, and any other cost or expense incurred by the
City of the Developer directly associated with the establishment of the District.
Funding Sources —
There are no oversized improvement cost sharing or outside funding sources contributing to any
portion of the MIA improvements. An Engineer's Opinion of Probable Cost (OPC) is included in
Exhibit 7 with line -item descriptions of each improvement. Additionally, Exhibit 8 contains a
schedule of construction for MIA improvements.
List of Attachments
• Exhibit I — MIA Boundary Map
• Exhibit 2 — MIA/District Legal Description
• Exhibit 3 — MIA Drainage Improvement Map
• Exhibit 4 — MIA Sanitary Improvement Map
• Exhibit 5 — MIA Water Improvement Map
• Exhibit 6 — MIA Paving Improvement Map
• Exhibit 7 — MIA Parkland Improvement Map
• Exhibit 8 — Engineer's Opinion of Probable Cost
• Exhibit 9 — Construction Schedule
Exhibit 1— MIA Boundary Map
HEIRLOOM TRACT
REGIONAL LOCATION MAP
a�
HEIRLOOM TRACT
DISTRICT BOUNDARY / MAJOR IMPROVEMENT AREA EXHIBIT
MAJOR IPA
Exhibit 2 — MIA/District Legal Description
2025069384 Page16 of63
Heirloom - PID Creation Resolution
Exhibit B
EARLY LAND SURVEYING, LLC
P.O. Box 92588, Austin, TX 78709
512-202-8631
earlysurveying.com
TBPELS Firm No. 10194487
361.943 ACRES
WILLIAMSON COUNTY, TEXAS
A DESCRIPTION OF 361.943 ACRES (APPROXIMATELY 15,766,246 SQ. FT.) IN
THE CHARLES H. DELANEY SURVEY N0.11, ABSTRACT NO. 181 IN WILLIAMSON
COUNTY, TEXAS, BEING ALL OF A 362,01 ACRE TRACT CONVEYED TO GVM III,
LLC IN A SPECIAL WARRANTY DEED DATED JANUARY 30, 2019 AND RECORDED
IN DOCUMENT NO. 2019009671 OF THE OFFICIAL PUBLIC RECORDS OF
WILLIAMSON COUNTY, TEXAS; SAID 361.943 ACRES BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at a 1/2" rebar found in the north right-of-way line of Ronald Reagan
Boulevard (right-of-way width varies) as described in Document No. 2006073735 of the
Official Public Records of Williamson County, Texas, being the southernmost southeast
corner of the said 362.01 acre tract, being also the southwest corner of Lot 5, Block F,
Wade Crossing Phase 1, a subdivision recorded in Cabinet T, Slide 61 of the Plat
Records of Williamson County, Texas;
THENCE with the north right-of-way line of Ronald Reagan Boulevard and the south
line of the said 362.01 acre tract, the following thirteen (13) courses and distances:
1. South 64021'56" West, a distance of 61.85 feet to a 1/2" rebar with "RPLS 5784"
cap found;
2. With a curve to the left, having a radius of 8650.00 feet, a delta angle of
04°26'04", an arc length of 669.48 feet, and a chord which bears South 62°20'34"
West, a distance of 669.31 feet to a 1/2" rebar with "PBSJ" cap found;
3. North 30°06'18" West, a distance of 9.99 feet to a 1/2" rebar with "PBSJ" cap
found;
4. With a curve to the left, having a radius of 8670.00 feet, a delta angle of
01 °28'05", an arc length of 222.14 feet, and a chord which bears South 59023'20"
West, a distance of 222.14 feet to a 1/2" rebar with "RPLS 5784" cap found;
5. South 58039'00" West, a distance of 254.37 feet to a 1/2" rebar with "PBSJ" cap
found;
2025069384 Page 17 of 63
Page 2
6 North 31°40'32" West, a distance of 9.94 feet to a 1/2" rebar with "PBSJ" cap
found;
7. South 58039'01" West, a distance of 1518.07 feet to a 1/2" rebar with "PBSJ" cap
found;
8. South 31°34'30" East, a distance of 20.03 feet to a 1/2" rebar with "PBSJ" cap
found;
9. South 58°39'20" West, a distance of 1706.47 feet to a 1/2" rebar with "PBSJ" cap
found;
10. North 32001'03" West, a distance of 9.97 feet to a 1/2" rebar with "PBSJ" cap
found;
11. South 58"40'41" West, a distance of 382.01 feet to a 1/2" rebar with "PBSJ" cap
found;
12. South 31 °19'19" East, a distance of 10.14 feet a cotton spindle "Early Boundary"
washer set;
13.South 58°40'41" West, a distance of 42.16 feet to a 1/2" rebar with "PBSJ" cap
found for the southwest corner of said 362.01 acre tract, being the southeast
corner of a 523.521 acre tract described in Document No. 2022010857 of the
Official Public Records of Williamson County, Texas;
THENCE with the west line of said 362.01 acre tract and the east line of said
523.521 acre tract, the following six (6) courses and distances;
1. North 20051'09" West, a distance of 1031.61 feet to a 1/2" rebar found in the
west side of a live oak tree;
2. North 27°20'27" West, a distance of 238.87 feet to a 1/2" rebar with illegible cap
found;
3. North 20°43'00" West, a distance of 451.23 feet to a 1/2" rebar with illegible cap
found;
4. North 20'44'15" West, a distance of 766.10 feet to a 1/2" rebar with illegible cap
found;
5. North 64'38'15" East, a distance of 15.94 feet to 1/2" rebar found;
6. North 21003'54" West, a distance of 2128.29 feet to a 1/2" rebar with "RPLS
5784" cap found for the northwest corner of said 362.01 acre tract;
2025069384 Page 18 of 63 --
Page 3
THENCE North 68°43'41" East, with the north line of the 362.01 acre tract and the south
line of the 523.521 acre tract, passing a 1/2" rebar with "Bury" cap found at a distance of
729.11 feet and continuing for a total distance of 3065.64 feet to a 1/2" rebar found in
the southwest right-of-way line of County Road 248, being the northeast corner of the
said 362.01 acre tract, being the easternmost corner of the said 523.521 acre tract;
THENCE with the west right-of-way line of County Road 248 and the east line of the
said 362.01 acre tract, the following five (5) courses and distances:
1. South 64°44'40" East, a distance of 923.60 feet to a 1/2" rebar found;
2. South 40032'58" East, a distance of 91.05 feet to a 1/2" rebar found;
3. South 15030'30" East, a distance of 728.47 feet to a 6" x 6" square metal fence
post;
4. South 38036'41" East, a distance of 440.03 feet to a 1/2" rebar found;
5. South 60043'49" East, a distance of 359.07 feet to a 1/2" rebar in concrete found
for a southeast corner of the said 362.01 acre tract, being an angle point in the
north line of Lot 36, Block F, of said Wade Crossing Phase 1, from which a 1/2"
rebar found for angle point in the south right-of-way line of County Road 248,
being the northeast corner of Lot 36, bears North 14044'57" East, a distance of
21.45 feet;
THENCE with the common line of the said 362.01 acre tract, said Wade Crossing
Phase 1 and Wade Crossing Phase II, a subdivision recorded in Cabinet V, Slide 227 of
the Plat Records of Williamson County, Texas, the following ten (10) courses and
distances:
South 68042'08" West, a distance of 700.14 feet to a 1/2" rebar with "Diamond"
cap found for the northwest corner of said Lot 36, Block F, of said Wade
Crossing Phase 1;
2. South 21°17'04" East, a distance of 160.18 feet to a 1/2" rebar found for the
southwest corner of said Lot 36, being the northwest corner of Lot 32, Block F, of
said Wade Crossing Phase II;
3. South 21°02'35" East, a distance of 157.37 feet to a 1/2" rebar with illegible cap
found for the northwest corner of Lot 31, Block F, of said Wade Crossing Phase
II;
4. South 21'1320" East, a distance of 231.14 feet to a 1/2" rebar with illegible cap
found for the southwest corner of said Lot 31, being the northwest corner of Lot
30, Block F, of said of said Wade Crossing Phase II;
2025069384 Page 19 of 63—
Page 4
5. South 21°10'18" East, a distance of 244.21 feet to a 1/2" rebar with illegible cap
found for the southwest corner of said Lot 30, being the northwest corner of Lot
29, Block F, of said Wade Crossing Phase II;
6. South 21' 13'23" East, a distance of 296.63 feet to a 1/2" rebar with illegible cap
found for the southwest corner of said Lot 29;
7. South 21015'05" East, a distance of 130.36 feet to a mag nail in concrete found
for the southwest corner of Lot 28, Block F, of said Wade Crossing Phase II, from
which a 1/2" rebar found, bears North 13010'21" East, a distance of 0.72 feet;
B. North 69'15'03" East, a distance of 249.83 feet to a 1/2" rebar with illegible cap
found for the southeast corner of said Lot 28, being the southwest corner of Lot
27, Block F, of said Wade Crossing Phase II;
9. North 69°12'00" East, a distance of 1231.49 feet to a 1/2" rebar found for the
southeast corner of Lot 9, Block F, of said Wade Crossing Phase II;
10. South 17°40'36" East, a distance of 407.67 feet to the POINT OF BEGINNING,
containing an area of 361.943 acres, more or less.
Surveyed on the ground on March 30, 2023
Bearing Basis: The Texas Coordinate System of 1983 (NAD83), Central Zone, utilizing
the SmartNet North America Network.
Attachments: Survey Drawing No. 1093-002-BASE
i Al�
Joe Ben Early, Jr. Date
Registered Professional Land Surveyor - . r BAR! ; YJ
State of Texas No. 6016 r,.,,;
2025069384 Page 20 of63
EARL` AND SURVEYING, LLC
P.O. Box 92588, Austin, TX 78709
512-202-8631
earlysurveying.com
TBPELS Firm No. 10194487
112.041 ACRES
WILLIAMSON COUNTY, TEXAS
A DESCRIPTION OF 112.041 ACRES (APPROXIMATELY 4,880,523 SQ. FT.) IN THE
C.H. DELANEY SURVEY NO. 11, ABSTRACT NO. 181 IN WILLIAMSON COUNTY,
TEXAS, BEING A PORTION OF LOT 5, M.C. HAMILTON'S SUBDIVISION, A
SUBDIVISION OF RECORD IN VOLUME 27, PAGE 137 OF THE DEED RECORDS
OF WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF A 113.5 ACRE TRACT
CONVEYED TO EMZIE FISHER IN A DEED DATED APRIL 11, 1979 AND
RECORDED IN VOLUME 756, PAGE 287 OF THE DEED RECORDS OF
WILLIAMSON COUNTY, TEXAS, SAVE AND EXCEPT A 10,000 SQ. FT. TRACT
DESCRIBED IN A MEMORANDUM OF PCS SITE AGREEMENT DATED APRIL 26,
2001, AND RECORDED IN DOCUMENT NO. 2001040420 OF THE OFFICIAL PUBLIC
RECORDS OF WILLIAMSON COUNTY, TEXAS, AND AMENDED IN DOCUMENT NO.
2017027880 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY,
TEXAS; SAID 112.041 ACRES BEING MORE PARTICULARLY DESCRIBED BY
METES AND BOUNDS AS FOLLOWS:
BEGINNING at a concrete highway monument found for a point of tangency in the west
right-of-way line of Ranch Road 2338 (variable width right-of-way) as described in
Volume 416, Page 60 of the Deed Records of Williamson County, Texas, and shown on
TXDOT right-of-way strip map CSJ 2211-01-001, being in the south line of said 113.5
acre tract, same being the south line of said Lot 5, being also in the north line of a 50
acre tract described in Volume 353, Page 94 of the Deed Records of Williamson
County, Texas;
THENCE South 69°10'58" West, with the south line of said 113.5 acre tract, same being
the south line of said Lot 5, also being the north line of said 50 acre tract, a distance of
374.52 feet to a 1/2" rebar with "Steger Bizzell" cap found for the northernmost
northeast corner of Lot 1, G.I.S.D. West Side, a subdivision of record in Document No.
2018043822 of the Official Public Records of Williamson County, Texas;
THENCE South 69008'50" West, with the south line of said 113.5 acre tract, same being
the south line of said Lot 5, also being the north line of said Lot 1, a distance of 1407.11
feet to a 1/2" rebar found;
THENCE South 69020'01" West, continuing with the south line of said 113.5 acre tract,
same being the south line of said Lot 5, also being the north line of said Lot 1, passing
2025069384 Page 21 of 63
Page 2
at a distance of 1659.17 feet a 1/2" rebar with "Steger Bizzell" cap found in the east
right-of-way line of County Road 248 (right-of-way width varies), being the northwest
corner of said Lot 1, also being the northeast corner of a 1.43 acre right-of-way
dedication shown on said G.I.S.D. West Side subdivision, passing at an additional
distance of 23.47 feet a 1/2" rebar with "Steger Bizzell" cap found for the northwest
corner of said 1.43 acre right-of-way dedication and continuing, in all, a total distance of
1730.44 feet to a calculated point in the center of the existing pavement of County Road
248;
THENCE with the centerline of the existing pavement of County Road 248, as
approximated by the following courses and distances:
1. North 65*57'11" West, a distance of 456.27 feet to a calculated point;
2. North 67°52'24" West, a distance of 1147.05 feet to a calculated point;
3. North 60°21'36" West, a distance of 78.43 feet to a calculated point for the
northwest corner of said 113.5 acre tract, being in the north line of said Lot 5;
THENCE North 68°39'29" East, with the north line of said 113.5 acre tract, same being
the north line of said Lot 5, a distance of 45.32 feet to a bent 1/2" rebar found in the east
right-of-way line of County Road 248, being the southeast corner of a right-of-way
dedication shown on West Ridge Subdivision Section One, a subdivision of record in
Cabinet P, Slide 358 of the Plat Records of Williamson County, Texas, also being the
southwest corner of Block B of said West Ridge Subdivision Section One;
THENCE North 68039'29" East, with the north line of said 113.5 acre tract, same being
the north line of said Lot 5, and the south line of said Block B, West Ridge Subdivision
Section One, and Block B, West Ridge Subdivision Section Two, a subdivision of record
in Cabinet Q, Slide 82, of the Plat Records of Williamson County, Texas, and Block B,
West Ridge Subdivision Section Three, a subdivision of record in Cabinet Q, Slide 84,
of the Plat Records of Williamson County, Texas, and Block B, West Ridge Subdivision
Section Four, a subdivision of record in Cabinet Q, Slide 311, of the Plat Records of
Williamson County, Texas, a distance of 4632.80 feet to a calculated point for an angle
point in the west right-of-way line of Ranch Road 2338, being the southwest corner of a
20' right-of-way dedication shown on said West Ridge Subdivision Section Four;
THENCE North 68039'29" East, with the right-of-way line of Ranch Road 2338 and the
north line of said 113.5 acre tract, same being the north line of said Lot 5, passing at a
distance of 18.99 feet to 1/2" rebar found, and continuing, in all, a total distance of 20.00
feet to a calculated point for an angle point in the west right-of-way line of Ranch Road
2338, from which:
• a concrete highway monument found for a point of tangency in the west right -of
way line of Ranch Road 2338, bears North 22014'26" West, a distance of
1814.24 feet,
2025069384 Page 22 of 63
Page 3
• a concrete highway monument found in the east right-of-way line of Ranch Road
2338, bears North 22°14'26" West, a distance of 63.67 feet, and North 67°45'34"
East, a distance of 80.00 feet;
THENCE crossing said 113.5 acre tract with the west right-of-way line of Ranch Road
2338, the following courses and distances:
1. South 22014'26" East, a distance of 962.43 feet to a calculated point for a point of
curvature, from which a disturbed concrete highway monument found, bears
South 67045'34" West, a distance of 1.30 feet;
2. With a curve to the right, having a radius of 11419.16 feet, a delta angle of
01 014'47", an arc length of 248.41 feet, and a chord which bears South 21 °33'43"
East, a distance of 248.40 feet to the POINT OF BEGINNING, containing an
area of 112.271 acres, for a net acreage of 112.041 acres of land, more or less,
of which approximately 1.375 acres lies between the fence and the center of the
existing pavement of County Road 248.
SAVE AND EXCEPT TRACT
A DESCRIPTION OF 10,000 SQ. FT. IN THE C.H. DELANEY SURVEY NO. 11,
ABSTRACT NO. 181 IN WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF
LOT 5, M.C. HAMILTON'S SUBDIVISION, A SUBDIVISION OF RECORD IN VOLUME
27, PAGE 137 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING
A PORTION OF A 113.5 ACRE TRACT CONVEYED TO EMZIE FISHER IN A DEED
DATED APRIL 11, 1979 AND RECORDED IN VOLUME 756, PAGE 287 OF THE
DEED RECORDS OF WILLIAMSON COUNTY, TEXAS AND BEING ALL OF A 10,000
SQ. FT. TRACT DESCRIBED IN A MEMORANDUM OF PCS SITE AGREEMENT
DATED APRIL 26, 2001, AND RECORDED IN DOCUMENT NO. 2001040420 OF THE
OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, AND AMENDED
IN DOCUMENT NO. 2017027880 OF THE OFFICIAL PUBLIC RECORDS OF
WILLIAMSON COUNTY, TEXAS; SAID 10,000 SQ. FT. MORE PARTICULARLY
DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
COMMENCING at a bent 1/2" rebar found in the east right-of-way line of County Road
248, being the southeast corner of a right-of-way dedication shown on West Ridge
Subdivision Section One, a subdivision of record in Cabinet P, Slide 358 of the Plat
Records of Williamson County, Texas, being the southwest corner of Lot 4, Block B of
the said West Ridge Subdivision Section One, being also in the north line of the said
113.5 acre tract;
THENCE South 67022'36" East, crossing the said 113.5 acre tract, a distance of
1307.76 feet to a 5/8" rebar with "Cobb Fendley Associates" cap found for THE POINT
OF BEGINNING, being the apparent west corner of the said 10,000 sq. ft. tract;
2025069384 Page 23 of63
Page 4
THENCE continuing across the said 113.5 acre tract with the apparent perimeter of the
said 10,000 sq. ft. tract, the following courses and distances:
1. North 22037'24" East, a distance of 100.00 feet to a calculated point;
2. South 67°22'36" East, a distance of 100.00 feet to a 5/8" rebar with "Cobb
Fendley Associates" cap found;
3. South 22°37'24" West, a distance of 100.00 feet to a calculated point, from which
a 1/2" rebar with "Steger Bizzell" cap found in the east right-of-way line of County
Road 248 (right-of-way width varies), being the northwest corner of Lot 1,
G.I.S.D. West Side, a subdivision of record in Document No. 2018043822 of the
Official Public Records of Williamson County, Texas, being the northeast corner
of a 1.43 acre right-of-way dedication shown on the said G.I.S.D. West Side
subdivision, also being in the south line of the said 113.5 acre tract bears,
South 68038'13" East, a distance of 292.54 feet;
4. North 67022'36" West, a distance of 100.00 feet the POINT OF BEGINNING,
containing 10,000 sq. ft., more or less.
Surveyed on the ground on December 30, 2024.
Bearing Basis: The Texas Coordinate System of 1983 (NAD83), Central Zone, utilizing
the SmartNet North America Network.
Attachments: Survey Drawing No. 1093-002-BASE-125 AC
.PfSTf�f���
01 /02/2025
John L. Briley Date JOHN�L. BRILEY
Registered Professional Land Surveyor p 707o��/�
State of Texas No. 7070 920 F f s sr°/��
SUR
2025069384 Page 24 of 63
GISD Property
[See next 8 pages]
BEING 98.38 acres of land, situated in the Charles H. Delaney Survey, Abstract No. 181, in
Williamson County, Texas, said land being a portion of that certain tract of land, called 132.42
acres, as conveyed to Willrae Partners I, Ltd. by deed recorded as Document No. 2004067447 of
the Official Records of Williamson County, Texas. Surveyed on the ground in the month of
December, 2005, under the supervision of Brian F. Peterson, Registered Professional Land
Surveyor, and being more particularly described as follows;
BEGINNING at an iron pin found on the west line of Farm to Market Highway No. 2338, marking
the most easterly Northeast corner of the above -referenced Willrae Partners I, Ltd. tract, being the
occupied Southeast corner of that certain tract of land, called 50 acres, as conveyed to Emzie Lee
Fisher and wife, Elzora Fisher, by deed as recorded in Volume 353, Page 94, of the Deed Records
of Williamson County, Texas, for the most easterly Northeast corner hereof;
THENCE, along the said west line of F.M. Highway No. 2338, being an easterly line of the said
Willrae Partners I, Ltd. tract, S 20' 59' 45" E, 140.01 feet to an iron pin set for the most northerly
Southeast corner hereof;
THENCE, S 690 36' 15" W, 565.00 feet to an iron pin set for an interior corner hereof,
THENCE, S 240 18' 15" W, 260.32 feet to an iron pin set for an interior corner hereof;
THENCE, S 200 59' 45" E, 815.00 feet to an iron pin set; and S 25' 10' 15" E, 944.38 feet to an
iron pin set on the north line of County Road No. 248, being the south line of the said Willrae
Partners I, Ltd. tract, for the most southerly Southeast corner hereof;
THENCE, along the north and east line of County Road No. 248, being the south and west line of
the said Willrae Partners I, Ltd. tract, as follows; N 86' 19' 30" W, 26.23 feet to an iron pin found;
N 82" 15' 30" W, 120.16 feet to an iron pin found; N 69' 37' 30" W, 134.82 feet, to an iron pin
found; N 65' 08' W, 230.89 feet to an iron pin found; N 68' 34' W, 207.37 feet to an iron pin
found at a 10" Hackberry; N 72' 09' 30" W, 270.16 feet to an iron pin found at an 8" Hackberry;
N 82° 40' 45" W, 414.51 feet to an iron pin found; N 87' 18' 30" W, 789.19 feet to an iron pin
found at a 4" Live Oak; N 77' 36' W, 53.97 feet to an iron pin found; N 630 23'
15" W, 279.77 feet to an iron pin found; N 5 V 54' 15" W, 77.46 feet to an iron pin found; N 38'
08' 30" W, 259.64 feet to an iron pin found at an 8" Live Oak; N 3 V 52' 15" W, 64.78 feet to an
iron pin found; N 19' 53' W, 223.39 feet to an iron pin found; N 12' 48' 45" W, 198.09 feet to an
iron pin found at an 8" Live Oak; N 15' 03' 15" W, 314.92 feet to an iron pin found; N 33' 5 P
15" W, 73.71 feet to an iron pin found; N 44' 52' W, 48.30 feet to an iron pin found; N 57' 54'
30" W, 66.91 feet to an iron pin found; N 640 39' W, 447.55 feet to an iron pin found and N 65'
09' W, 371.07 feet to an iron pin found for the Northwest corner of the said Willrae Partners I,
Ltd. tract, being the Southwest corner of that certain tract of land, called 113.50 acres, as conveyed
to Emzie Lee Fisher by deed as recorded in Volume 756, Page 287, of the Deed Records of
Williamson County, Texas, for the Northwest corner hereof;
Page 1 of 8
2025069384 Page 25 of 63
THENCE, along the south line of the said 113.50 acre Fisher tract, N 69' 20' E, 1,682.59 feet to
an iron pin found marking the most northerly Northeast corner of the said Willrae Partners I, Ltd.
tract, for the most northerly Northeast corner hereof;
THENCE, with a fence, along an easterly line of the said Willrae Partners I, Ltd. tract, being the
west line of the said 50 acre Fisher tract, as follows; S 14' 54' 15" E, 295.09 feet to a 40d nail
found; S 14' 07' 45" E, 185.57 feet to a 40d nail found at a railroad tie post; S 18' 39' 15" E, 80.97
feet to a 40d nail found; S 20' 00' 45" E, 64.09 feet to a 40d nail found; S 21 ° 35' 45" E, 106.19
feet to a 40d nail found at a 32" Live Oak; S 20' 29' E, 280.39 feet to a 40d nail found and S 20'
59' 45" E, 141.06 feet to an iron pin found marking an interior corner of the said Willrae Partners
1, Ltd. tract, being the Southwest corner of the said 50 acre Fisher tract, for an interior corner
hereof;
THENCE, N 690 36' 15" E, 1,841.06 feet to the Place of BEGINNING and containing 98.38
acres of land.
Page 2 of 8
2025069384 Page 26 of 63
DESCRIPTION OF 1.63 ACRES OF LAND
DESCRIPTION OF A 1.63 ACRE TRACT OF LAND LOCATED IN THE CHARLES H. DULANEY SURVEY
NO. 2, ABSTRACT NO. 181, WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF THAT CERTAIN
CALLED 34.124 ACRE TRACT OF LAND CONVEYED TO TROOP DURGIN WRIGHT PROPERTIES, LP,
BY WARRANTY DEED OF RECORD IN DOCUMENT NUMBER 2016000533, OF THE OFFICIAL PUBLIC
RECORDS OF WILLIAMSON COUNTY, TEXAS (CPR), SAID 1.63 ACRE TRACT OF LAND BEING
SURVEYED ON THE GROUND IN JANUARY, 2023, UNDER THE DIRECT SUPERVISION OF PATRICK J.
STEVENS, RPLS, AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS
FOLLOWS:
BEGINNING, at a 1/2-inch Iron set with cap stamped "STEGER BIZZELL" set In the east boundary line of said 34,124
acre tract, and In the west right of way of Ranch Road 2338, a right of way of variable width of record In Volume 416,
Page 60, of the deed records of Williamson County, Texas (DR), for the southeast corner and POINT OF BEGINNING
of the herein described tract, from which a 1/2-Inch iron rod with cap stamped "PBSBJ" found In the west line of
said Ranch Road 2338 for an easterly corner of said 34.124 acre tract Iles South 20'59134" East, a distance of 259.26
feet;
THENCE, over and across said 34.124 acre tract, North 65'02'25" West, a distance of 35.33 feet to a 1/2-Inch iron
set with cap stamped "STEGER BIZZELL", and South 69'58'39" West, a distance of 724,89 feet to a cotton spindle set
with washer stamped "STEGER BIZZELL" in the east boundary line of that certain called 98.38 acre tract of land
conveyed to Georgetown Independent School District by Warranty Deed of record In Document Number
2006075903, OPR, for the southwest corner of the herein descrlbed tract, from which a 1/2-Inch Iron set with cap
stamped "STEGER BIZZELL" In the east line of said 98,38 acre tract for a westerly corner of said 34.124 acre tract Iles
South 20'5938" East, a distance of 149.72 feet;
THENCE, North 20'5938" West, a distance of 94,01 feet to a 1/2-Inch Iron set with cap stamped "STEGER BIZZELL"
In the east line of said 98.38 acre tract and In the west line of said 34,124 acre tract for the northwest comer of the
herein described tract;
THENCE, over and across said 34,124 acre tract, North 69'58'39" East, a distance of 724.90 feet to a 1/2-Inch Iran
set with cap stamped "STEGER BIZZELL", and North 24'DS'34" East, a distance of 35.30 feet to a 1/2-Inch Iron set
with cap stamped "STEGER BIZZELL" In the east line of said 34,124 acre tract, and In the west line of said Ranch Road
2338, for the northeast corner of the herein described tract;
THENCE, with the east line of said 34.124 acre tract, same being the west line of said Ranch Road 2338, South
20'59'34" East, a distance of 143.90 feet to the POINT OF BEGINNING, and containing 1.63 acres of land, more or
less, within these metes and bounds.
Bearings are based on the Texas Coordinate System of 1983, Central Zone (NAD_83 (2011)). All distances shown
hereon are grid values represented In U.S. Survey Feet.
Page 3 of 8
2025069384 Page 27 of 63
The foregoing metes and bounds description and survey on which It Is based Is accompanied by and apart of a sketch
of the subject tract,
I certify that this description was prepared from an on the ground survey made in January, 2023, by me or under my
supervision,
Steger & Blxxell Engineering Inc,
Patrick J. evens, RPLS
Texas Reg, No. 5784
1978 South Austin Avenue
Georgetown, Texas 78626
1512)930-9412
TBPELS Firm No.10003700
P:\22000-22999\22923 GISD Troop 1_74ac\5urvey Data\Descrlptlons\22923-GI5D TROOP ROW-GRID.docx
Page 4 of 8
2025069384 Page 28 of 63
DESCRIPTION OF
DESCRIPTION Of A 38,53 ACRE TRACT OF LAND LOCATED IN THE C.H.
DltANEY SURVEY, ABSTRACT 181, WILLIAMSON COUNTY, TEXAS, BEING OU f
OF THATCERTAIN 50 ACRE TRACT OF LAND CONVEYED TO EMZIE LEE FISHER,
IT UX, BY WARRA'. DEED OF RECORD IN VOLUME 354, PAGE 94, OF THE
DEED RECORDS OF WILLIAMSON COUNTY, 1-EXA5, SAID 38.53 ACRE TRACT
OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS
AS FOLLOWS:
COMMENCING, at a 1/2 inch iron rod found on the west right-of-way line of RM 2338, also
known as Williams Drive, an 80.00 f•.:, t wide roadway, as dedicated in Volullo , 416, Page
60, said Deed Records, at its intersection with the south line of said 50 acre tract of land,
for the eastern most northeast corner of that certain 99.38 acre tract of land conveyed to
the Georgetown Independent School District by Warranty Deed of record In Document No.
2006075903, of the Official Public Records of Williamson County, Texas, from which point
a 1/2 inch iron rod with cap stamped "5784" found on said west right-of-way line of RM
2338, for the eastern most southeast corner of said 98.38 ac tract of land, same point being
the northeast corner of that certain 34.12.4 acre tract of land conveyed to Troop Durgin
Wright Properties, LP, by Special Warranty Deed of record in Oocument No. 20160":D533,
said Official Public Records bears South 2*1*01'00" East, with said right- 0-way, a distance
of 139.94 feet;
THENCE, South 69'36'44" West, with said south line of the 50 acre tract, same line being a
north line of said 98,38 acre tract, a distance of 374.52 feet to a 1/2 inch Iron rod with cap
stamped "STEGER BIZZELL" set for the southeast corner and POINT OF BEGINNING of the
herein described tract;
THENCE, South 69'36'44" West, continuing with the common line of the 50 acre tract and
the 98.38 acre tract, a distance of 1466.64 feet, to a 1/2 inch iron rod found for the
south%%-.-,.t corner of said 50 acre tract, same point being an interior corner of said 98.38
acre tract of land, and for the southwest corner of the herein described tract;
THENCE., with the west line of said 50 acre tract, same line being an east line of said 98.38
acre tract, the following seven (7) courses and distances:
1. North 20'59' 16" West, a distance of 141.06 feet, to a 1/2 inch Iron rod with cap
stamped "STEGE.R BIZZELL" set;
2. North 20'29'49" West, a distance of 280.19 feet to a 40d nail in a fence post found;
1 North 21'33'45" West, a distance of 106.02 feet, to a 40d nail In a fence post found;
4. North 20'04'23" West, a distance of 64,17 feet, to a 40d nail In a fence post found;
Page 5 of 8
2025069384 Page 29 of 63
RECORDERS MEMORANDUM
All or parts of the text on this page was not
clearly legible for satisfactory recordation
5 North 18'37'34" West, a distance of 80.98 feet, to a 1/2 inch iron rod with cap
stamped'STEGER BIZZELL" set;
6. North 14'06'04" West, a d,-tance of 185.',9 feet, to a 40d nail Ina 1c�r•ce post found;
7. North 14-53'55" West, a (11151ance of 201) 09 feet, to a 1/2 inch iron ro; found on the
sol,;h lim, of that certain 113.5 acre tract of land Lonveyed to Emzie Lee Fisher by
firer! „r r,•,_„rd in Vol;,mc ; .,(,, P,11;o 787, said Deed Records, for the nor•,hweSt
r:nmer of caiu 50 acre trait, same print being the northern most northeast corner
n` 5:ud 08. lR acrrt trdt-t of ;and, and for 11he northwest corner of the herein descrlbed
tract;
THENCF, North 69'09119" East, with the north line of said 50 acre tract, same line being said
south line of the 113.5 acre tract of land, a distance of 1407.10 feet, to a /2 inch iron rod
with cap st-Tlped "STEGER BIZZELL" set for the northeast corner of the herein described
tract, from which point a Texas Department of Transportation concrete monument with
bass disc (TxDOT Type 11) found on said west right-of-way line of RM 2338, bears North
69'09'19" East, a distance of 374.50 feet;
THELCE, Snutl, 20°59'513" East, severing said SU acre tract, a distance of 1161.85 Feet, to
the POINT OF BEGINNING, and cnritaining 38.53 acres of land, more or less, within these
metes and bounds.
Bearings are based on the Texas Coordinate System of 1983, Central 7.one (NAD 83 (2o11)).
All distances shown hereon are surface values represented in U.S. Survey Feet based on a
Grid -to -Surface Combined Adjustment Factor of 1.00015,
The forgoing metes and bounds description and survey on which it is based is accompanied
by and a part of survey map of the subject tract.
I certify that this description was prepared from a survey made on the ground in/on June
and July 2017, under my supervision.
Steger & Bizzell Engineering Inc
OF
pf
.. �•
d -F,
IE
�I
Miguel A. Escobar, LSLS, RPLS
Texas Reg, No. 5630
:� tf(GUE1 INGEI ESG09AR
'
1978 South Austin Avenue
Georgetown, Texas 78626
A 5830 "
< 9°56,30��`'
,SURVEr�O
(512) 930-9412
TBPLS Firm No. 10003700
p;122000-22999122534 Glsa flsher\Survey as a\Dexrlptiins�2253q•m&b-G15D Fisher Trild docx
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Page 6 of 8
2025069384 Page 30 of 63
EARLY LAND SURVEYING, LLC
P.O. Box 92588, Austin, TX 78709
512-202-8631
carlysurvcying.com
TBPCLS Firm No. 10194487
10.001 ACRES
WILLIAMSON COUNTY, TEXAS
A DESCRIPTION OF 10.001 ACRES (APPROXIMATELY 435,639 SQ. FT-) IN THE
C.H. DELANEY SURVEY NO 11, ABSTRACT NO, 181 IN WILLIAMSON COUNTY.
TEXAS, BEING A PORTION OF A 50 ACRE TRACT CONVEYED TO EMZIE AND
ELZORA FISHER IN A WARRANTY DEED DATED NOVEMBER 5, 1948 AND
RECORDED IN VOLUME 353, PAGE 94 OF THE DEED RECORDS OF WILLIAMSON
COUNTY, TEXAS; SAID 10.001 ACRES BEING MORE PAR I IQUL4KLY DESC;K18EU
BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at a concrete highway monument found for a point of tangency in the west
right-of-way line of Ranch Road 2338 (variable width right-of-way) as described in
Volume 416, Page 80 of the Deed Records of Williamson County, Texas, and shown on
TXDOT right-of-way strip map CSJ 2211-01401, being in the north line of said 50 acre
tract, also being in the south line of a 113.5 acre tract described in Volume 756, Page
287 of the Deed Records of Williamson County, Texas, same being the south line of Lot
5 of M-C, Hamilton's Subdivision, a subdivision of record In Volume 27, Page 137 of the
Deed Records of Williamson County, Texas, from which a concrete highway monument
found in the east right-of-way line of Ranch Road 233B, bears North 69°31'35" East, a
distance of 80.00 feet,
THENCE South 20"59'36" East, with the west right-of-way line of Ranch Road 2338,
crossing said 50 acre tract, a distance of 1164.60 feet to a 112" rebar with "Early
Boundary' cap set for an angle point in the west right-of-way line of Ranch Road 2338,
being in the south line of said 50 acre tract, being the northeast corner of a 3,848 sq. ft.
right-of-way dedication shown on the G.I.S.D West Side. a subdivision of record in
Document No. 20IW3822 of the Official Public Records of Williamson County. Texas,
from which a 1/2" rebar with "Steger Bizzell" cap found for the southeast corner of said
3,848 sq. ft. right-of-way dedication, bears South 20'59'36" East, a distance of 139,94
feet;
THENCE South 69°37'24" West, with the right-of-way line of Ranch Road 2338, same
being the north line of said 3,848 sq. ft. right-of-way dedication, also being the south line
of said 50 acre tract, a distance of 27.50 feet to a 112" rebar with "Early Boundary" cap
set for the easternmost northeast corner of Lot 1, Block A of said G.I,S_D. West Side,
being the northwest corner of said 3,848 sq. ft, right-of-way dedication;
Page 7 of 8
2025069384 Page 31 of 63
Page 2
THENCE South 69°37'24" West, with the south line of said 50 acre tract and a north tine
of said Lot 1, a distance of 347.07 feet to a 1/2" rebar with "Steger Bizzell" cap found for
an Interior corner of said Lot 1;
THENCE North 20'5931" West, crossing said 50 acre tract with an east line of said
Lot 1, a distance of 1161.72 feet to a 1/2" rebar with "Steger Bizzell" cap found in the
north line of said 50 acre tract, being the northernmost northeast corner of said Lot 1,
being also in the south line of said 113 5 acre tract, same being the south line of said
Lot 5;
THENCE North 69'10'58" East, with the north line of said 50 acre tract, and the south
line of said 113.5 acre tract, same being the south line of said Lot 5, a distance of
374.52 feet to the POINT OF BEGINNING, containing an area of 10.001 acres, more or
less.
Surveyed on the ground on August 28, 2024.
Bearing Basis: The Texas Coordinate System of 1983 (NAD83), Central Zone, utilizing
the SmartNet North America Network,
Attachments: Survey Drawing No. 1093-002-125AC
Q$- 36-z� Q
ln�biY C,
John L. Bliley Date .. y, °
Registered Professional Land Surveyor JMNt.MULEv
State of Texas No_ 7070
Page 8 of 8
Exhibit 3 — MIA Drainage Improvement Map
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HEIRLOOM TRACT
DRAINAGE IMPROVEMENT MAP
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Exhibit 4 — MIA Sanitary Improvement Map
HEIRLOOM TRACT
SANITARY IMPROVEMENT MAP
11(1
WASTEWATER LINE
W TEWATER LINE III I Y TZVATEIR UWE D
Exhibit 5 — MIA Water Improvement Map
HEIRLOOM TRACT WATER IMPROVEMENT MAP
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Exhibit 6 — MIA Paving Improvement Map
HEIRLOOM TRACT PAVEMENT IMPROVEMENT MAP
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Exhibit 7 — MIA Parkland Improvement Map
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Exhibit 8 — Engineer's Opinion of Probable Cost
HEIRLOOM PHASE 1
ENGINEER'S OPINION OF
PROBABLE CONSTRUCTION COSTS
PROJECT: HEIRLOOM PHASE 1
BASED ON: Construction Plans
PREPARED BY: GRAY CIVIL INC.
STREET IMPROVEMENTS
BY: NM
DATE: 08/17/26
SF LOTS 0
ITEM
DESCRIPTION
QUANTITY
UNIT
COST
TOTAL
1
SUBGRADE PREPARATION
60.491
Sy
$2.20
S13308020
2
SUBGRADE PREPARATION ADOIAL
5,219
SY
$2.06
$10 438.00
3
8" COMPACTED FLEX BASE MATERIAL
1,717
SY
$12.00
$20 604.00
4
8" COMPACTED FLEX BASE MATERIAL ADDIAL
171
SY
$10.60
$1 795.50
5
10" COMPACTED FLEX BASE MATERIAL
1,236
SY
$9.00
$11 124.00
6
10' COMPACTED FLEX BASE MATERIAL ADO/AL
5 048
BY
$11.00
$55 528.00
7
14" COMPACTED FLEX BASE MATERIAL
51,229
SY
$15.25
$701.242.26
8
16" COMPACTED FLEX BASE MATERIAL
6.309
SY
$12.50
S78.862.50
9
2" HMAC PAVEMENT
38 800
SY
$14.50
$562 600.00
10
Y HMAC PAVEMENT ADOIAL
3 430
SY
$14.50
$49 735.00
11
4' HMAC PAVEMENT
4 267
BY
$21.50
$91 740.50
12
6" CONCRETE PAVEMENT ALLE
541
SY
$91.00
$49 231.0
13
STANDARD 6" CONCRETE CURB 8 GUTTER
14.437
LF
$22.00
$317,614.OD
14
STANDARD 6" CONCRETE CURB 8 GUTTER ADO/AL
1 576
LF
$22.00
S34 672.00
15
RIBBON CURB
1 365
LF
$30.50
$41 632.50
18
8' CURB 6 GUTTER SPILL CURB
14 026
LF
$21.00
$294.588.00
17
6" CURB 6 GUTTER SPILL CURB AODIAL
1.673
LF
S20.00
S31 460.00
18
MOUNTABLE CURB AND GUTTER
421
LF
$47.00
S19 787.00
19
PEDESTRIAN RAMPS
70
EA
$1 817.00
S127 190.00
20
PEDESTRIAN RAMPS ADDIAL
6
EA
$1554.00
$9324.00
21
V CONCRETE SIDEWALK
433
SY
$58.00
$25 114.00
22
5' CONCRETE SIDEWALK ADDIAL
543
SY
$63.00
$34 209.00
23
10' CONCRETE SIDEWALK
16,136
SY
$53.00
$055 208.00
24
8" CONCRETE ROUNDABOUT TRUCK APRON
573
SY
$215.00
5123 195.00
25
CONCRETE VALLEY GUTTER
10
EA
$7100.00
$71000.00
28
COLLECTOR STREET CONCRETE VALLEY GUTTER
3
EA
$9 940.00
$29 520.00
27
TYPE If DRIVEWAY DDIALTI
1
EA
$2 420.00
$2 420.00
28
STREET END BARRICADES
15
EA
St 246.00
$18690.00
29
STREET END BARRICADES ADDIAL
2
EA
S1,221.00
52,44200
30
SAW CUTAND TIE INTO EXISTING PAVEMENT
4
EA
$45.50
$182.00
31
TRAFFIC CONTROL PLAN
1
LS
$5.209.Op
$5,209.00
32
TRAFFIC S'NA.E
1
LS
$26 906.D0
$26 9D6.00
33
TRAFFIC SIGNAGE ADOIAL
1
LS
$1 230.00
$1 230.00
SUBTOTAL STREET IMPROVEMENTS
SUBTOTAL SIGNALIZED INTERSECTION
WASTEWATERIMPROVEMENTS
33,917,873.45)
COST I TOTAL
ITEM
DESCRIPTION
QUANTITY
UNIT
COST
TOTAL
1
8' PVC SDR-26 GRAVITY WASTEWATER LINE (ALL DEPTHS)
5,219
LF
$53.00
$276,607.00
2
8" PVC SDR-26 GRAVITY WASTEWATER LINE (ALL DEPTHS)
ADDIAL
820
LF
$50.00
$41,000.00
3
8" PVC 160 PSI PRESSURE PIPE
120
LF
$66.50
57,950.00
4
12" PVC SDR-26 GRAVITY WASTEWATER LINE (ALL DEPTHS)
6,604
LF
$72.50
$470,790.00
6
12" PVC 160 PSI PRESSURE PIPE
20
LF
$155.50
$3 110,00
6
24" STEEL ENCASEMENT
100
LF
S111.00
$11 100.00
7
PARKLAND WW SERVICE
1
EA
$3492.00
$3492,00
8
4' DIA. STANDARD WASTEWATER MANHOLE
24
EA
$5 974.00
3143 376.00
9
4' DIA. STANDARD WASTEWATER MANHOLE ADD/AL
3
EA
$5948.00
$17.944.00
10
4' DIA. EXTERNAL DROP MANHOLE
2
EA
S7 537.00
$15 074.0
11
4' DIA. BOLTED AND GASKETED WASTEWATER MANHOLE
1
EA
$6 203.00
$6 203-00
12
5' DIA STANDARD WASTEWATER MANHOLE
1
EA
SB 179.00
$8179.00
13
VDIA EXTERNAL DROP MANHOLE
1
EA
$10602.00
$10602.00
14
5' DIA. BOLTED AND GASKETED WASTEWATER MANHOLE
22
EA
1 $B 292.00
$102 424.00
15
S Dbl EXTERNAL DROP BOLTED AND GASKETED
WASTEWATER MANHOLE
2
EA
$11,735.00
$23,470.00
16
EXTRA DEPTH 4' DIA. MANHOLE EXTENSION
98
VLF
$281.00
$27 538.00
17
EXTRA DEPTH 4' DIA MANHOLE EXTENSION ADD/AL
6
VLF
S410.00
$2 460.00
18
EXTRA DEPTH V DIA MANHOLE EXTENSION
145
VLF
$491.00
S71 195.00
19
SINGLE WASTEWATER SERVICE ADDIAL
5
EA
$3 778.00
$18 890.00
20
DOUSE WASTEWATER SERVICE A AL
4
EA
$4 562.00
$18 248.00
21
CORE INTO EXISTING MANHOLE
1
EA
$4 007,00
$4 007.00
22
REMOVE & REPAIR EXISTING LIFT STATION ROAD
1
LS
$1 717.00
$1 717 DO
23
TRENCH SAFETY SYSTEM
11 665
LF
S1 00
$11 685.00
24
ITRENCH SAFETY SYSTEM (ADD/ALT)
1 8201
LF
1 $1.00
$820.00
SUBTOTAL WASTEWATER IMPROVEMENTS I $1,385.791.001
WATERIMPROVEMENTS
ITEM
DESCRIPTION
QUANTITY
UNIT
COST
TOTAL
I
707
LF
$49.00
$34,643.00
2
B" PVC C-901 ADD/AL
129
LF
$61.00
S6 579.00
3
12" PVC C-900
B.013
LF
$74.50
$596,96B.50
4
12" PVC C-901 ADD/AL
795
LF
$75.00
$59.625.00
5
ENCASED 12" PVC C-900
189
LF
$135.00
$25.515.00
6
PARKLAND W SERVICE
1
EA
$3 794.00
$3 794.00
7
8" GATE VALVE WITH BOX AND COVER
10
EA
S2 944.00
S29 440.OD
8
B" GATE VALVE WITH BOX AND COVER ADD/AL
1
EA
$2 886.00
$2.886.00
9
12" RESILIENT GATE VALVE WITH BOX AND COVER
16
EA
S4 916.00
$711656.00
10
12" RESILIENT GATE VALVE WITH BOX AND COVER DDIAL
1
EA
$4,820.00
$4,820.00
11
2" AIR RELEASE VALVE
2
EA
$5 852.00
$11 704.00
12
2" AIR RELEASE VALVE ADD/AL
1
EA
$6.623.00
$6.623.00
13
2" FLUSH VALVEADDIALTI
1
EA
35017.00
$5.017.00
14
FIRE HYDRANT ASSEMBLY
20
EA
$8.315.00
$166,300.00
15
FIRE HYDRANT ASSEMBLY ADDIAL
2
EA
$0.564.00
$17,128.00
16
SINGLE WATER SERVICE ADDIAL
3
EA
$3 705.00
$11.115.00
17
DOUBLE WATER SERVICE ADDIAL
5
EA
$d 092,00
S20460.00
18
24" WET CONNECTION
2
EA
$27 444.00
$54.880.00
19
TIE INTO 30" EXISTING LINE
1
EA
$27.756.00
$27.756.00
20
TRENCH SAFETY SYSTEM
8.725
LF
$0.50
$4.362.50
21TRENCH
SAFETY SYSTEM (ADD/AL
924
LF
$0.50
$462.00
5U5•TOTAL WATER IMPROVEMENTS
DRAINAGE IMPROVEMENTS
1 $1.150.742,001
ITEM
DESCRIPTION
QUANTITY
UNIT
COST
TOTAL
I
le RCP CL II
2109
LF
$61.00
$125.649.00
2
1S- RCP CL. III STORM SEWER ALL DEPTHS ADD/Al
398
LF
S60.00
$23 880.00
3
24' RCP CL. III STORM SEWER (ALL DEPTHS)
1,133
LF
$81.00
$91.773.00
4
24' RCP CL. III STORM SEWER ALL DEPTHS ADDIAL
63
LF
$62.00
S5,156.00
5
30' RCP CL. III STORM SEWER ALL DEPTHS
459
LF
$101.00
$46 359.00
6
36- RCP CL. III STORM SEWER ALL DEPTHS
1,130
LF
S/48.00
$167 240.00
7
42' RCP CL. III STORM SEWER ALL DEPTHS
250
LF
$211.00
$52 750.00
8
48' RCP CL. III STORM SEWER ALL DEPTHS)
783
LF
S247.00
S193.401.00
9
60' RCP CL. III STORM SEWER ALL DEPTHS
608
LF
$422.00
5256,576.00
10
60' GASKETED RCP CL. III STORM SEWER ALL DEPTHS
224
LF
S496.00
$111 104.00
11
5' X 5' GASKETED RCB ALL DEPTHS
151
LF
$542.00
S81 842.00
12
4' X 4' REINFORCED CONCRETE BOX MANHOLE
1
EA
S5 4D8.00
S5 408.00
13
4' X V REINFORCED CONCRETE BOX MANHOLE ADDIAL
1
EA
$4 977.00
$4.977.00
14
5' X V REINFORCED CONCRETE BOX MANHOLE
2
EA
$6 628.00
313 056.00
15
V X 6' REINFORCED CONCRETE BOX MANHOLE
2
EA
$8 066.00
S16 132.00
18
T X 7' REINFORCED CONCRETE BOX MANHOLE
4
EA
$12 618.00
S50 472.00
17
4' DIA MANHOLE
2
EA
S5 194.00
S10 388.00
18
5' DIA MANHOLE
2
EA
$8 417.00
$12 834.00
19
8' Db1 MANHOLE
1
EA
$7 696.00
$7 696.00
20
4' X W AREA INLET
4
EA
S4 622.00
318 468.00
21
11Y STANDARD STORMWATER CURB INLET
22
EA
S5 860.00
5128 920.00
22
/0' STANDARD STORMWATER CURB INLET ADD/AL
2
EA
S5 330.00
S10 650.00
23
CHANNEL B NORTH - T WIDE GRASS LINED CHANNEL
713
LF
S20.00
S14 260.00
24
CHANNEL B SOUTH - T WIDE GRASS LINED CHANNEL
815
LF
$21.50
$17 522.60
25
CHANNEL C - 4' WIDE GRASS LINED CHANNEL
1,460
LF
S32.50
$47 450.00
26
CHANNEL D - V WIDE GRASS LINED CHANNEL
302
LF
S15.50
34,681.00
27
CHANNEL E - IF WIDE GRASS LINED CHANNEL
730
LF
$18.00
S13.140.00
28
CHANNEL F - V WIDE GRASS LINED CHANNEL
1,134
LF
$16.50
$20 979.00
29
TEMPORARY CHANNEL - T WIDE GRASS LINED ADDIAL
379
LF
$16.00
$6 064.00
30
24" HEADWALL W/ DISSIPATORS
1
EA
46,530.00
$6.530.00
31
24" SET PER TXOOT DETAIL
2
EA
$3 777.00
$7 554.00
32
24• SLOPED HEADWALL ADDIAL
1
EA
S2,870.00
S2 870.00
33
30- SET PER TXDOT DETAIL
4
EA
S4 450.00
$17.800.00
34
36" HEADWALL
1
EA
S7608.00
$7,608.00
35
4W HEADWALL
1
EA
$12 351.00
S12,3S1.60
36
48- HEADWALL Wl DISSIPATORS
1
EA
$14 976.00
$14 976.00
37
W HEADWALL Wl DISSIPATORS
1
EA
S19 812.00
S19 812.00
38
S X 5' RCB HEADWALL W/ OISSIPATORS
1
EA
S21 979.00
$21 979.00
39
CONCRETE RIPRAP
55
SY
$174.00
$9,570.00
40
ROCK RIPRAP ADDIAL
30
SY
$61.001
$1 830.00
41
WROUGHT IRON FENCE
100
LF
385.00
$B 500.00
42
WROUGHT FENCE ADDIAL
190
LF
564.00
Sib 960.0D
43
TRENCH SAFETY SYSTEM
6,005
LF
$1.001
$6 905.00
44
TRENCH SAFETY SYSTEM ADDIAL
461
LF
S1.001
S461.00
SUB -TOTAL DRAINAGE IMPROVEMENTS 1_ 51,716,575.501
EROSION CONTROL IMPROVEMENTS
ITEM
DESCRIPTION
QUANTITY
UNIT
COST
TOTAL
1
SILT FENCE FOR EROSION CONTROL
15.749
LF
S4.00
S62,996.00
2
SILT FENCE FOR EROSION CONTROL ADD/AL
756
LF
$4.00
$3,024.00
3
INLET PROTECTION
26
EA
$102.00
$2.652.00
4
INLET PROTECTION ADD/AL
2
EA
$100.00
$200.00
5
RESTORATION & REVEGETATION
53.567
SY
$1.90
$101.777.30
6
RESTORATION & REVEGETATION ADD/AL
4.094
SY
$2.00
S8,188.00
7
STABILIZED CONSTRUCTION ENTRANCE
2
EA
$1,244.00
$2.488.00
8
RETAINING WALL ADD/AL
1.144
SF
$24.00
$27.456.00
9
ROCK BERM
150
LF
$28.00
$4,200.00
10
ROCK BERM ADD/AL
16
LF
$28.00
$448.00
11
DEMO EXISTING STRUCTURES
1
LS
$98.145.00
$96.145.00
12
STORMWATER POLLUTION PREVENTION PLAN
1
LS
$1.105.00
$1.105.00
13
77TE-P-ROT ECN
6,573
LF
$4.50
$29.578.50
14
TREE PROTECTION ADD/AL
350
LF
$4.00
$1,400.00
SUB -TOTAL EROSION CONTROL
1 $343,657.80
CLEARING AND GRADING IMPROVEMENTS
ITEM
DESCRIPTION
QUANTITY
UNIT
COST
TOTAL
1
CLEARING & GRUBBING
39
AC
$2,030.00
$79.170.00
2
CLEARING & GRUBBING ADD/AL
2
AC
$2,011.00
$4.D22.0D
3
EXCAVATION
38,805
CY
$5.00
$194,025.00
4
EXCAVATION ADD/ALT)
1,600
CY
$5.00
$8.000.00
5
EMBANKMENT
47.616
CY
$2.15
$102,374.40
6
EMBANKMENT ADD/AL
13,B76
CY
$1.75
$24,283.00
MATERIALS TESTING
1
LS
$170.261.00
$170.261.00
B
HAUL & PLACE GENERATED SPOILS
1 94,7971
CY
1 $1.75
$165 894.75
SUB -TOTAL CLEARING AND GRADING IMPROVEMENTS 1 $748,030.15I
PARKLANDIMPROVEMENTS
ITEM
DESCRIPTION
QUANTITY
UNIT
COST
TOTAL
1
TRAILS
11
1
Ls
1 $750 000.00
1
$750 000.00
2
COMMON AREA LANDSCAPING
1
LS
$1 000 000.00
$1 000 000.00
3
1PARKIMPROVEMENTS
11
LS
1 $250.000.00
$250 000.00
SUBTOTAL PARKLAND IMPROVEMENTS
$2,000,000.00
SUBTOTAL
PROJECT MANAGEMENT FEE
ITEM DESCPoPTIf
1 PROJECT M
SUBTOTAL
SUMMARY
ITEM
DESCRIPTION
GISD 974
HEIRLOOM
TOTAL
1
STREET IMPROVEMENTS
S352 608.61
S3 565,264.54
$3,917,873.45
2
SIGNALIZED INTERSECTION
$96.750.00
$978.250.00
$1,075.000.00
3
WASTEWATER IMPROVEMENTS
$124.721.19
$1.261069.81
$1,385.791.00
4
WATERIMPROVEMENTS
$105,186.78
$1,063,555.22
S1, 168.742.00
5
DRAINAGE IMPROVEMENTS
S154 491.80
$1 562,083.71
$1,716,575.50
6
EROSION CONTROL. IMPROVEMENTS
530,929.20
$312.72SA0
$343,657.60
7
CLEARING AND GRADING IMPROVEMENTS
$67,322.71
S600,707.44
$746.030.15
8
1PARK LANDIMPROVEMENTS
S180,000.00
S1,820.000.00
S2,D00,000.00
9
DE SIGN AND ENGINEERING
S90,090.00
S9/0,910.00
57,001,000.00
10
DISTRICT FORMATION
50.00
S300.000.00
S300.000.00
1 t
IPROJECT MANAGEMENT FEE
$44480.41
S449.746.38
S494.226.80
SUBTOTAL
12% CONTINGENCY
S1,246.580.70
S12,904.315.99
$14.150,696.70
$144,252.03
S1,494,548.35
$1.638.800.39
TOTAL PHASE 1 COSTS W/ CONTINGENCY 1 $1,390,832.74 S14,395,864.35 $15.769,697.08
Exhibit 9 — Construction Schedule
Heirloom Tract
Major Improvement Area
Date of Construction
A. Streets
2026
B. Wastewater
2026
C. Water
2026
1*14111:3118.13
CITY OF GEORGETOWN, TEXAS
NOTICE OF PUBLIC HEARING
TO CONSIDER PROPOSED ASSESSMENTS
TO BE LEVIED AGAINST PROPERTY IN MAJOR IMPROVEMENT AREA OF THE
HEIRLOOM PUBLIC IMPROVEMENT DISTRICT
Notice is given that the City Council of the City of Georgetown, Texas will conduct a public
hearing on Tuesday, October 13, 2026, during the regular City Council meeting beginning at 6:00
P.M. Information about how to participate in the public hearing is provided below. The purpose
of the public hearing is to hear and pass on any objections to the assessments proposed to be levied
against assessable property located within the Major Improvement Area ("Major Improvement
Area") of the Heirloom Public Improvement District (the 'District") pursuant to Chapter 372 of
the Texas Local Government Code (the "Act"). Written and oral objections will be considered at
the hearing.
1. General Nature of Improvements — The public improvements for the District (the
"Authorized Improvements") may consist of one or more of the public improvements included in
Section 372.003(b) of the Act. The general nature of the Authorized Improvements that confer a
special benefit on the assessable property in the District are: (i) the establishment of parks and
open space, together with the design, construction and maintenance of any ancillary structures,
features or amenities such as trails, pavilions, community facilities, swimming pools, irritation,
walkways, lighting, benches, trash receptacles, and any similar items location therein; (ii)
landscaping; (iii) acquisition, construction, and improvement of water, wastewater and drainage
facilities; (iv) acquisition, construction, and improvement of streets, roadways, rights -of -way,
signalization and related facilities; (v) entry monumentation and associated features; (vi) signage;
(vii) projects similar to those listed in subsections (i)-(vi) above; and (viii) payment of costs
associated with constructing and financing the public improvements listed in subparagraphs (i)-
(vii) above, including costs of establishing, administering, and operating the District.
The property within the District is expected to be developed in multiple phases, with certain
improvements that will benefit and serve all of the property within the District, and certain
improvements that will benefit and serve only the property within each phase (an "Improvement
Area"). The Major Improvement Area is anticipated to include the (i) acquisition, construction,
and/or improvement of streets, roadways, rights -of -way and related facilities; (ii) acquisition,
construction, and/or improvement of water, wastewater and drainage facilities; (iii) the acquisition,
construction, and/or improvement of parkland and related facilities and (iv) the payment of costs
associated with the public improvements described herein. Assessments are only presently
proposed for the Major Improvement Area, and no assessments will be considered at the public
hearing for the future Improvement Areas.
2. Estimated Costs of the Major Improvement Area Projects — The estimated costs of the
proposed Major Improvement Area Authorized Improvements (as defined in the proposed Service
Resolution Number: Page B-1
Subject: Heirloom PID
Date Approved:
and Assessment Plan on file with the City Secretary) are approximately $21,000,000.00 (including
issuance and other financing costs). The exact amount will be provided in the approved Service
and Assessment Plan.
3. Proposed Estimated Assessments — There are no existing assessments in the District. The
proposed estimated assessments on property within the Major Improvement Area of the District is
approximately the amount of $20,895,000.00.
4. Boundaries of the Major Improvement Area Within the District. The District and the
Major Improvement Area includes approximately 622 acres of land within the corporate limits of
the City as shown below.
5. How to Participate in the Public Hearing — The public hearing will be held during the
regular City Council meeting on the date and commencing at the time stated above, at the City
Council Chambers, 510 W 9th Street, Georgetown, Texas 78626. The agenda for the City Council
meetings and information regarding how to participate in the public hearing is available at
https://georQetowntexas.gov/government/city council/meeting agendas/a eg ndas•php or by
calling the City Secretary's Office at 512-930-3651. The Preliminary Service and Assessment Plan
and Assessment Roll are available for public inspection at the Office of the City Secretary, 808
Martin Luther King Jr. Street, Georgetown, Texas 78626, and online by selecting the agenda item
for this matter from the link provided above.
Resolution Number: Page B-2
Subject: Heirloom PID
Date Approved:
.9aior Inin rovement Area Boundary Nla
HEIRLOOM TRACT
DISTRICT BOUNDARY / MAJOR IMPROVEMENT AREA EXHIBIT
WJOR 11n40VIU M IMI
.. . .. .—.. _• -. .- . - .. „ _.. ... � , � Nam+* I r •�a�•
Resolution Number: Page B-3
Subject: Heirloom PID
Date Approved: