Ordinance No. 16,213EXHIBIT A
2025 SERVICE AND ASSESSMENT PLAN AND ASSESSMENT ROLL UPDATE
Remainder ofpage left intentionally blank)
Exhibit A
Exhibit "A"
BAY CREEK
PUBLIC IMPROVEMENT DISTRICT
CITY OF BAYTOWN, TEXAS
ANNUAL SERVICE PLAN UPDATE
ASSESSMENT YEAR 9/1/25-8/31/26)
AS APPROVED BY CITY COUNCIL ON:
AUGUST 14, 2025
PREPARED BY:
MUNICAP, INC.
PUBLIC FINANCE
BAY CREEK
PUBLIC IMPROVEMENT DISTRICT
ANNUAL SERVICE PLAN UPDATE
ASSESSMENT YEAR 9/1/25-8/31/26)
TABLE OF CONTENTS
I. INTRODUCTION............................................................................................................ 3
H. UPDATE OF THE SERVICE PLAN................................................................................ 5
A. UPDATED SOURCES AND USES FOR PUBLIC IMPROVEMENTS............................................................ 5
B. FIVE YEAR SERVICE PLAN............................................................................................................. 6
C. ANNUAL BUDGET...........................................................................................................................%
D. ANNUAL INSTALLMENTS PER UNIT................................................................................................ 9
III. UPDATE OF THE ASSESSMENT PLAN....................................................................... 10
W. UPDATE OF THE ASSESSMENT ROLL....................................................................... 11
A. PARCEL UPDATES......................................................................................................................... 11
B. PREPAYMENT OF ASSESSMENTS.................................................................................................... 11
APPENDIX A — PID MAP
APPENDIX B — PREPAID PARCELS
APPENDIX C —ASSESSMENT ROLL SUMMARY — 2025-26
APPENDIX D — PID ASSESSMENT NOTICE
MuniCap 12
d INTRODUCTION
The Bay Creek Public Improvement District (the "PID") was created pursuant to the PID Act and
Resolution No. 2750 of the City Council (the "City Council") on October 13, 2021, to finance
certain public improvement projects for the benefit of the property in the PID.
The City of Baytown, Texas (the "City") approved a reimbursement agreement with Castlerock
Communities, LLC (the "Developer") effective June 27, 2024. Pursuant to the service and
assessment plan approved by the City on June 27, 2024 (the "Service and Assessment Plan"),
reimbursement obligations for the Phase #1 Improvements in.the aggregate principal amount of
4,064,400 (the "Phase #1 Reimbursement Agreement") are secured by Assessments (the "Phase
1 Assessments").
The Service and Assessment Plan was prepared at the direction of the City identifying the
Authorized Improvements to be provided by the PID, the costs of the Authorized Improvements,
the indebtedness to be incurred for the Authorized Improvements, and the manner of assessing the
property in the PID for the costs of the Authorized Improvements. Pursuant to the PID Act, the
Service and Assessment Plan must be reviewed and updated annually. This document is the annual
update of the Service and Assessment Plan for 2025-26 (the "Annual Service Plan Update").
The City also adopted Assessment Rolls identifying the assessments on each Parcel within the
PID, based on the method of assessment identified in the Service and Assessment Plan. This
Annual Service Plan Update also updates the Assessment Roll for 2025-26 as shown in Appendix
C. The Texas legislature passed House Bill 1543 as an amendment to the PID Act, requiring,
among other things, (i) all Service and Assessment Plans and Annual Service Plan Updates be
approved through City ordinance or order to be filed with the county clerk of each county in which
all or part of the PID is located within seven days and (ii) include a copy of the notice form required
by Section 5.014 of the Texas Property Code (the "PID Assessment Notice") as disclosure of the
obligation to pay PID Assessments. In light of these amendments to the PID Act, this Annual
Service Plan Update includes a copy of the PID Assessment Notice as Appendix D, and a copy of
this Annual Service Plan Update will be filed with the county clerk in each county in which all or
a part of the PID us located not later than seven (7) days after the date the governing body of the
City approves this Annual Service Plan Update.
Section 372.013 of the PID Act, as amended, stipulates that a person who proposes to sell or
otherwise convey real property that is located in the PID, except in certain situations described in
the PID Act, shall first give to the purchaser of the property a copy of the completed PID
Assessment Notice. The PID Assessment Notice shall be given to a prospective purchase 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, that a contract of purchase and sale is entered into
without the seller -provided the required notice, the purchaser, subject to certain exceptions
described in the PID act, is entitled to terminate the contract.
MuniCap 13
The PID Assessment Notice shall be executed by the seller 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.
Capitalized terms in this section not defined herein shall have the meanings assigned to such terms
in the Service and Assessment Plan..
the remainder of this page is intentionally left blank)
MuniCap 14
H. UPDATE OF THE SERVICE PLAN
A. UPDATED SOURCES AND USES FOR PUBLIC IMPROVEMENTS
Estimated Sources and Uses
Pursuant to the original Service and Assessment Plan adopted on June 27, 2024, the initial total
estimated costs of the. Phase #1 Improvements, including Phase #1's portion of the Major
Improvements, were equal to $7,081,340. According to the Developer as of June 30, 2025, there
have been no changes to the estimated costs of the Phase #1 Improvements.
Table II -A on the following page summarizes the estimated sources and uses of funds required to
construct the Phase #1 Improvements.
the remainder of this page is intentionally left blank)
MuniCap 15
Table II -A
Estimated Sources and Uses
Initial Spent
Estimated Budget Updated to Remaining
Sources of Funds Budget' Revisions Budget2 Date2 to Draw
Assessment Amount. 4,0645400 0 4,064,400 75,000 3,989,400
Other funding sources 3,091,940 0 3,0915940 0 3,091,940
Total Sources 7;156,340 0 7,156,340 75,000 7,081,340
Uses of Funds
Major Improvements
Water 17,436 0 17,436 0 17,436
Sanitary sewer 573,752 0 573,752 0 573,752
Storm drainage 270,271 0 270,271 0 270,271
Landscaping, parks, and trails 1,053,587 0 1,053,587 0 1,053,587
Other soft and miscellaneous costs 30,273 0 30,273 0 30,273
Subtotal: Major Improvements 1, 945, 319 0 1, 945, 319 0 1, 945, 319
Phase #1 Improvements
Roadway 1,836,970 0 1,836,970 0 1,836,970
Water 501875 0 501875 0 501875
Sanitary sewer 878,638 0 878,638 0 878,638
Storm drainage 1,673,966 0 1,673,966 0 15673,966
Other soft and miscellaneous costs 244,572 0 244,572 0 244,572
Subtotal: Phase #1 Improvements 5,136, 021 0 5,136, 021 0 5,136, 021
Other Assessment Related Costs
Assessment levy fee,and first year 75,000 0 75,000 75,000 0AdministrativeExpenses
Subtotal: Other Assessment Related Costs 75,000 0 75,000 75,000 0
Total Uses 7,156,340 0 7,156,340 75,000, 7,081,340
I — According to the Service and Assessment Plan approved by the City on June 27, 2024.
2 — The Developer has not submitted any Phase #I Improvements costs as of June 30, 2025
Cost Variances
As stated in Table II -A above, there have been no changes to the estimated costs of the Phase #1
Improvements.
B. FIVE YEAR SERVICE PLAN
According to the PID act, a service plan must cover a period of five years.
MuniCap 16
The budget for the Authorized Improvements is shown in Section II.A. on the previous page, and
the Annual Installments expected to be collected for those costs during the next five years are
shown in Table II-B below.
Table II-B
Annual Projected Costs and Annual Projected Indebtedness (2024-2031)
Assessment Year Ending 9/01 Projected Annual Installm6nts1
2024-2025 362,592
2026 363,042
2027 363,315
2028 363,410
2029 ' 364,329
2030 364,006 .
2031 364,508
Total 2,545,203
1 - Assessment years ending 2024 through 2026 reflect actual Annual Installments
and are net of applicable credits. Assessment years 2027 through 2031 reflect
projected Annual Installments and are subject to change.
C. ANNUAL BUDGET
Phase #1 Annual Installments — 2025-26
The Assessment imposed on any Parcel may be paid in full at any time. If not paid in full, the
Assessment shall be payable in thirty Annual Installments of principal and interest beginning with
the tax year following the earlier of (i) with tax bills sent the first October after issuance of a series
of Bonds, or (ii) January 31, 2025. Such first Annual Installment for a Lot or Parcel for which
collection has begun, shall be due by January 31 st of the following calendar year. Pursuant to
condition (ii), the first Phase #1 Annual Installments were due on January 31, 2025. Accordingly,
twenty-nine (29) Phase #1 Annual Installments remain outstanding.
Pursuant to the Service and Assessment Plan, each Phase #1 Assessment shall bear interest at the
rate on the Phase #1 Reimbursement Agreement. The effective interest rate is 6.51 percent for
2025-26. These payments, the "Annual Installments" of the Assessments, shall be billed by the
City in 2025 and will be delinquent on February 1, 2026.
Pursuant to the Service and Assessment Plan, each Phase #1 Annual Installment, including the
interest on the unpaid amount of an Assessment, shall be updated annually. Each Annual
Installment together with interest thereon shall be delinquent if not paid prior to February 1 of the
following year.
MuniCap 17
Annual Installments to be collected for 2025-26
The budget for the PID will be paid from the collection of Phase #1 Annual Installments collected
for 2025-26 as shown in Table II-C-1 below.
Table II-C-1
Budget for the Phase #1 Annual Installments
to be Collected for 2025-26
Phase #1
Reimbursement
Agreement
Interest'payment on March 1, 2026- $130,571-
Interest payment on September 1, 2026 $130,571
Principal payment on September 1, 2026 $56,000
Subtotal debt service $317,142
Administrative expenses $45,900
Subtotal expenses $363, 042
Available administrative expense funds $0
Subtotal fiends available $0
Annual Installments $363,042
Debt Service Payments
Phase #1 Annual Installments to be collected for principal and interest on the Phase #1
Reimbursement Agreement include interest due on March 1, 2026, in the amount of $130,571 and
September 1, 2026, in the amount of $130,571, which equal interest on the outstanding assessment
balance of 4,011,400 for six months each and an effective interest rate of 6.51 percent. Annual
Installments to be collected on the Phase #1 Reimbursement Agreement include a principal amount
of $56,000 due on September 1, 2026. As a result, the total Phase #1 Annual Installments to be
collected for principal and interest on the Phase #1 Reimbursement Agreement in 2025-26 is
estimated to be equal to $317,142.
Administrative Expenses
Administrative expenses for Phase # 1 of the PID include the City, Administrator, Goose Creek ISD
Tax Services (the "Tax Office") and contingency. As shown in Table II-C-2 on the following page,
the total administrative expenses to be collected for 2025-26 are estimated to be $46,900.
MuniCap 18
Table II-C-2
Administrative Budget Breakdown
Description 2025-26 Estimated Budget
City $5,000
Administrator $36,000
Tax Office $1,000
Contingency $3,900
Total $45,900
Available Administrative Expense Account
The balance in the. administrative expense account is anticipated to be used for the .payment .of
current year administrative expenses through January 31, 2026. As a result, there are no funds
available in the administrative expense account to reduce the 2025-26 Annual Installment.
D. ANNUAL INSTALLMENTS PER UNIT
According to the Service and Assessment Plan, the Annual Installments shall be collected in an
amount sufficient to pay principal and interest on the outstanding PID Reimbursement Agreement
described in the Service and Assessment Plan, and to cover Administrative Expenses of the PID.
The Annual Installment for 2025-26 will only be collected from the Assessed Properties within
Phase #1 of the PID that are shown in the Service and Assessment Plan. The Annual Installment
to be collected from each Lot Type in Phase #1 is determined using the percentage of Assessments
for each Lot Type as shown in Table II-D-I below.
Table II-D-1
Annual Installment Per Unit — Phase #1
Total 2025-26 Annual
Lot Type Annual
Allocation
Percentage'
Installment Per
Installment Unit
Lob Type 1 $363,042 0.76% $2,767.84
Lot Type 2 $363,042 0.68% $2,464.52
1 — Allocation percentage for each lot size is calculated as each lot's respective
estimated buildout value as a percent of the total estimated buildout value for
Phase # 1 of the PID.
The list of Parcels within Phase # 1 of the PID, the number of units to be developed on the current
residential Parcels, the corresponding total units, the total outstanding Assessment, the annual
principal and interest, the Administrative Expenses, and the Annual Installment to be collected for
2025-26 are shown in the Assessment Roll Summary attached hereto as Appendix C.
MuniCap 1.9
III UPDATE OF THE ASSESSMENT PLAN
The Service and Assessment Plan adopted by the City Council provided that the Authorized
Improvement Costs shall be allocated to the Assessed Property equally on the basis of the number
of residential dwelling units anticipated to be built on each Parcel once such property is fully
developed and that such method of allocation will result in the imposition of equal shares of the
Authorized Improvement Costs to Parcels similarly benefited.
This method of assessing property has not been changed and Assessed Property will continue to
be assessed as provided for in the Service and Assessment Plan.
the remainder of this page is intentionally left blank)
MuniCap 110
I V. UPDATE OF THE ASSESSIYIENT ROLL
Pursuant to the Service and Assessment Plan, the Assessment Roll shall be updated each year to
reflect:
i) the identification of each Parcel (ii) the Assessment for each Parcel of Assessed Property,
including any adjustments authorized by this Service and Assessment Plan or in the PID Act;
iii) the Annual Installment for the Assessed Property for the year (if the Assessment is payable
in installments); and (iv) payments of the Assessment, if any, as provided by Section VI.F of
the Service and Assessment Plan.
The. summary of updated Assessment Roll is shown in Appendix C .of this report. Each Parcel in
the PID is identified, along with the Assessment on each Parcel and the Annual Installment to be
collected from each Parcel. Assessments are to be reallocated for the subdivision of any Parcels.
A. PARCEL UPDATES
According to the Service and Assessment Plan, upon the subdivision of any Parcel, the Assessment
for the Parcel prior to the subdivision shall be reallocated among the new subdivided Parcels
according to the following formula:
A=Bx(C=D)
Where the terms have the following meanings:
A = the Assessment for each new subdivided Parcel
B = the Assessment for the Parcel prior to subdivision
C = the estimated buildout value to be built on each new subdivided Parcel
D = the sum of the estimated buildout value to be built on all of the new subdivided
Parcels
The calculation of the estimated buildout value to be built on a Parcel shall be performed by the
Administrator and confirmed by the City Council based on the information available regarding
the use of the Parcel. The estimate as confirmed shall be conclusive. The buildout value to be built
on a Parcel may be estimated by net land area and reasonable density ratios.
According to the Developer and Harris Central Appraisal District, 143 lots were subdivided from
Parcel 0402210000541 in 2024 as shown in the Service and Assessment Plan.
B. PREPAYMENT OF ASSESSMENTS
There have been no prepayments as of June 30, 2025.
The complete Assessment Roll is available for review at the City Hall, located at 2401 Market
Street, Baytown, TX 77522.
MuniCap Ill
APPENDIX A
PID MAP
APPENDIX B
PREPAID PARCELS
As of June 30, 2025, there have been no prepayments for the Bay Creek PID.
I
J
Z
APPENDIX C
ASSESSMENT ROLL SUMMARY - 2025-26
Appendix C
Assessment Roll Summary
2025-26
Parcel Lot Type Lot Size
Assessment
Allocation
Outstanding
Assessment
Principal Interest
Adminstrative
Expense
Annual
Installment
1477330010001. __ Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330010002 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 . 2,464.52
1477330010003 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330010004 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330010005 Lot Type 2 50' 0.68% 27,231 380.16
1.
11772.77 M-_I.59 2,464.52
1477330010006 Lot Type 2 50, 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330010007 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330010008 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330010009 Open. ,` Open 0.00% 0 0.00 0.00 0.00 0.00
1477330020001 Lot Type 2 50, 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020002 - Lot Type 2 50' 0.68% 27,231. 380.16 1,772.77 311.59 2,464.52
1477330020003 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020004 . Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020005. Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020006 Lot Type 2 50' 0.68%. 27,231: 380.16 1,772.77 311.59 2,464.52
1477330020007 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020008 • Lot Type 2 50, 0.68% 27,231 380.16 1,772.77 311.59. 2,464.52
1477330020009 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020010: Lot Type 2 , 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020011 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020012 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020013 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020014 . Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020015 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020016 ' Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020017 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020018 Lot Type 2 " 50' 0.68% 27,231 380.16 1,772:77 311.59 2,464.52
1477330020019 Lot Type 2 50' 0.68"% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020020 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330020021 Lot Type 2 50' 0.68% 27,231. 380.16 1,772.77 311.59 2,464.52
1477330020022 Open Open 0.00% 0 0.00 0.00 0.00 0.00
1477330030001 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330030002 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330030003 Open Open 0.00% 0 0.00 0.00 0.00 0.00
1477330040001 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040002 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040003 Lot Type 2 50, 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040004 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 1,464.52
1477330040005 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040006 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 : 2,464.52
1477330040007 ,. Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 1311.59 2,464.52
1477330040008 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040009 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040010 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040011 Lot Type 2 50' 0.68% 27,231 080.16 1,772.77 311.59 2,464.52
1477330040012 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330040013 Lot Type 2 50' 0.68"% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040014 Lot Type 2 50' 0.68"% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040015 Lot Type 1 55' 0.76% 30,583 426:95 1,990.95 349.94 2,767.84
1477330040016 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040017 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040018 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330040019 Open Open 0.00% 0 0.00 0.00 0.00 0.00
1477330040020 Open Open 0.00% 0 0.00 0.00 0.00 0.00
1477330040021 Open Open 0.00% 0 0.00 0.00 0.00- 0.00
1477330050001 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330050002 Lot Type 1. 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330050003 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330050004 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330060001 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
Appendix C
Assessment Roll Summary
2025-26
Parcel Lot Type Lot Size
Assessment Outstanding Principal Interest
Adminstrative Annual
Allocation Assessment Expense Installment
1477330060002 Lot Type 1 55 0.76% 30,583 426.95 1,990.95 , 349.94: 2,767.84
1477330060003 Lot Type 1 55' 0.76 /o 30,583 426.95 1,990.95 349.94 2,767.84
1477330060004 Lot Type 1 55' 0.76%; 30,583 426_95 1;990.95 349,94 2,767.84
1477330060005 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330060006 Lot Type 1 55' 0.76%, 30,583 426.95 1";990.95 349.9 2767.84
1477330060007 Lot Type 1 55' 0.76% 30,583 426.95. 1,990.95 349.94 2,767.84
1477330060008 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330060009 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94. 2,767.84
147733006OQ10 Lot Type 1 . 55 0.76% 30,583 426.95 1,990.95 349.94 . 2,767.84
1477330060011 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330060012- Lot Type 1 55 _ 0.76% 30,583 426.95 5- 1;990.9_ _ 349.94 2,767.84
1477330060013 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330060014__ Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94. . , 2,767.84
1477330060015 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330066016 Lot Type 1 55' 0.76% 30,583- " _ 426.95 1,990.95 349.94 2,767.84
1477330060017 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330060018 Lot Type_ 1 55' 0.76% 30,583 426.95 ' 51,990.95 349.94 2,767.84
1477330060019 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330060020 . LotType2 = 50'. 0.68% 2.7,231 380.16 1772.7.7 311:59 2,464.52
1477330060021 Open Open 0.00% 0 0.00 0.00 0.00 0.00
1477330060022 Open Open 0.00%
1477330060023 Open Open 0.00% 0 0.00 0.00 0.00 0.00
1477330060024 . - Open" Open . 0.00% 0 0.00 0.00 0.00. 0.00
1477330070001 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070002 Lot Type 2„' 50' 0.68% 27,231 380.16 1,772.77 - 311.59 2,464.52
1477330070003 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59, 2,464.52
1477330070004 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070005 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59' 2,464.52
1477330070006 Lot Type 2 50' 0.68% 27,231
1$
380:16 1,772.77' 311.59 2,464.52
1477330070007 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070008' Lot Type, 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070009 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070010, Lot Type 2 50'. 0.68% 27,231 - 380.16 1,772.77 311.59' 2,464.52
1477330070011 Lot Type 2 50' 0,68% 27,231 380.16 1,772.77 31.1.59 2,464.52
1477330070012. Lot Type 2.. 50' 0.68% 27,231 380.16 1,772.77 311.59. 2,464.52
1477330070013 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070014 - Lot Type 2 50' 0.68% 21,231 380.16 1,772.77 311.59 2,464.52
1477330070015 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.50 2,464.52
1477330070016 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 31 L59% 2,464.52
1477330070017 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070018 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 31 L59 2,464.52
1477330070019 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.50. 2,464.52
1477330070020 Lot Type 2 50' 0.68% 27,231 1380.16 11'772.77 311.59 2,464.52
1477330070021 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070022 Lot Type 2 50' 0.6k. 27,231 380.16 1,772.77 311.59 2,464.52
1477330070023 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330070024 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330070025 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330070026. Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330070027 Open Open 0.00% 0 0.00 0.00 0.00 0.00
1477330080001 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 - 311:59 2,464.52
1477330080002 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330080003 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330080004 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
14717330080005 Lot Type.2 50'- . 0.68% 27,231 380.16 1,7'U.77 311.59 2,464.52
1477330080006 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1.477330080007 Lot Type 2 50' : 0.68% 27,231 380.16 1,772.77 31-1.59 2,464.52
1477330080008 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330080009. Lot Type 2: 50' 0.68% 27,231 386.16 1,772.77 311.59. 2,464.52
1477330080010 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
Appendix C
Assessment Roll Summary
2025-26
Parcel Lot Type Lot Size
Assessment
Allocation
Outstanding
Assessment
Principal Interest
Adnunstrative
Expense
Annual
Installment
1477330080011 : _ Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 . 311:59 2,464.52
1477330080012 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 . 2,464.52
1477330080013 Lot Type 2 50-'-..0.68% 27,231 380.16 1;772.77 311.59 2,4G4.52
1477330080014 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59_ 2,464.52
1477330080015 ': _ Open • Open 0.00% 0 0.00 0.00. 0.00 0.00
1477330090001 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52 "
1477330090002 Lot Type 2 50' 0.68% 27,231. 38616 1;772.77 311.59 2,464.52
1477330090003 Lot Type 2 50. 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090004' Lot:Type2 50' 0.68% 27,231 380.16 _ 1,772.77 3311.59 2,464.52
1477330090005 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090006" Lot Type 2 50' 0.68%. 27,231 380.16 1,772.77:. 311.59 2,464.52
1477330090007 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090008 : - Lot Type 2 50' 0.68% 27,231. 380.16 1,772.77 311.59 2,464.52 .
1477330090009 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090010 LotTypc`2 50' 0.68%- 27,231 3W16 . 1,772.77 311.59- 2,464.52-- }
1477330090011 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090012 ' Lot Type 2 . 50' 0.68%0 ' 27,231 380.16 1,772.77 , 311.59 2,464.52
1477330090013 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090014 Lot Type 2 50' 0.68% .: 27,231 380.16 1,772.77 311.59_- 2,464.52
1477330090015 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090016 " Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 31159 2,464.52 _
1477330090017 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090018 , Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464,52
1477330090019 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
14773300.900201. Lot Type 2 50' 0.68% 27,231 . 380.16 1,772.77 1311.59 2;464.52
1477330090021 Lot Type 2 50, 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090022 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52 _
1477330090023 Lot Type 2 50' 0.68% 27,231 380.16 1,772.77 311.59 2,464.52
1477330090024 Lot Type 1 55' 0.76% :- 30,583 42G.95 1,990.95 . 349.94 2,767.84
1477330090025 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330090026 Lot Type 1 55, 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330090027 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330090028 Lot Type. 1 55' 0.76% 36,583 426.95 1,990.95 3419.94 2,767.84
1477330090029 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767.84
1477330090030 Lot Type 1 55' 0.76% 30,583 426.95 1,990.95 349.94 2,767:84
1477330090031 Open Open 0.00% 0 0.00 0.00 0.00 0.00
100.00% 4,011,400 56,000.00, 261,142.14 45,900.00 363,042.14
APPENDIX D
PID ASSESSMENT NOTICE
Page I of 2
PID Assessment Notice
NOTICE OF OBLIGATION TO PAY PUBLIC IMPROVEMENT DISTRICT ASSESSMENT TO
THE CITY OF BAYTOWN, TEXAS
CONCERNING THE FOLLOWING PROPERTY
insert property address]
As the purchaser of the real property described above, you are obligated to pay assessments to the
City of Wharton, 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 the Bay Creek 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 Council in the Annual Service Plan Update for
the District. More information about the assessments, including the amounts and due dates, maybe obtained
from the City or MuniCap, Inc., the District Administrator for the City, located at 600 E. John Carpenter
Fwy, Suite 150, Irving, Texas 75062 and available by telephone at (469) 490-2800 or (866) 648-8482 (toll
free) and email at txpid municap.com.
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.
Date:
Signature of Seller
STATE OF TEXAS
COUNTY OF
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,
in the capacity stated and as the act and deed of the above -referenced entities as an authorized signatory of
said entities.
Given under my hand and seal of office on this 120.
Notary Public, State of Texas
ONCE RECORDED WITH THE COUNTY, PLEASE SEND A COPY TO TXPID.DISCLOSURESra NIUNICAP.CONI.
Page 2 of 2
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 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,
in the capacity stated and as the act and deed of the above -referenced entities. as an authorized signatory
of said entities.
Given under my hand and seal of office on this , 20
Notary Public, State of Texas
ONCE RECORDED tit ITH THE COUNTY, PLEASE SEND A COPY TO TYPID.DISCI.OSL RESicr 1IUNIC.AP.CONI.