HomeMy WebLinkAbout2353 08-08-202311�
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ORDINANCE
SUBMITTER: CITY OF EULESS
MARY LOUISE NICHOLS�
COUNTY CLERK
ORDINANCE NO. 2353
AN ORDINANCE APPROVING AND ADOPTING THE ANNUAL
SERVICE AND ASSESSMENT PLAN FOR MIDTOWN PUBLIC
IMPROVEMENT DISTRICT IN THE CITY OF EULESS, TEXAS;
PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR FILING IN
THE COUNTY RECORDS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Euless, Texas, is a home rule city acting under its charter
adopted by the electorate pursuant to Article XI, Section 5 of the Texas Constitution and
Chapter 9 of the Local Government Code; and
WHEREAS, pursuant to Chapter 372 of the Texas Local Government Code (the
"Act"), on August 25, 2015 the City Council of the City of Euless ("City Council") adopted
Resolution No. 15-1471 creating Midtown Public Improvement District ("PID"); and
WHEREAS, pursuant to Sections 372.013 and 372.014 of the Act, the City Council
is required to approve a service and assessment plan for the PID; and
WHEREAS, in accordance with Section 372.013(b) of the Act, the service and
assessment plan must (i) cover a period of at least five years; (ii) define the annual
indebtedness and the projected costs for improvements; and (iii) include a copy of the
notice form required by Section 5.014, Property Code; and
WHEREAS, following the adoption of the budget for Fiscal Year ("FY") 2023-2024,
the City Council now seeks to approve the annual service and assessment plan for the
PID.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL CF THE CITY
OF EULESS, TEXAS, THAT:
SECTION 1.
The City Council hereby finds that the statements set forth in the recitals of this
Ordinance are true and correct, and such recitals are incorporated as part of this
Ordinance.
SECTION 2.
The City Council, in accordance with Chapter 372 of the Act, hereby approves the
FY 2022-2023 Service and Assessment Plan for the PID, attached hereto as Exhibit A.
SECTION 3.
SEVERABILITY CLAUSE. It is hereby declared to be the intention of the City
Council that the phrases, clauses, sentences, paragraphs, and sections of this Ordinance
are severable, and if any phrase, clause, sentence, paragraph, or section of this
Ordinance shall be declared unconstitutional by the valid judgment or decree of any court
of competent jurisdiction, such unconstitutionality shall not affect any of the remaining
phrases, clauses, sentences, paragraphs, and sections of this Ordinance, since the same
would have been enacted by the City Council without the incorporation in this Ordinance
of any such unconstitutional phrase, clause, sentence, paragraph or section.
SECTION 4.
FILING. The City Secretary is directed to cause a copy of the approved Service
and Assessment Plan for the PID, including the notice form required by Section 5.014,
Property Code, to be filed with the County Clerk of Tarrant County, Texas no later than
the seventh (7th) day after the adopted date of this Ordinance.
SECTION 5.
EFFECTIVE DATE. This Ordinance shall become effective from and after its date
of passage.
PRESENTED AND APPROVED ON FIRST AND FINAL READING at a regular
meeting of the Euless City Council on the 8th day of August, 2023; by a vote of 6
ayes, 0 nays, and 0 abstentions.
APPROVED:
Linda 'rtin, Mayor
.aa� • y�TT 11
%�G••. i . ®Q �fi,r' RMC, CMC, City Secretary
Yn a n ce Officer
���illl\\\N�•
APPROVED AS TO FORM:
Wayne Olson, City Attorney
Ordinance No. 2353, Page 2 of 38
Exhibit A
EULESS MIDTOWN
PUBLIC IMPROVEMENT DISTRICT
CITY OF EULESS, TEXAS
ANNUAL SERVICE PLAN UPDATE
(ASSESSMENT YEAR 8/15/23 - 8/14/24)
PRESENTED FOR CITY COUNCIL APPROVAL ON:
AUGUST 8, 2023
PREPARED BY:
MUNICAP, INC.
PUBLIC FINANCE
Ordinance No. 2353, Page 3 of 38
EULESS MIDTOWN
PUBLIC IMPROVEMENT DISTRICT
ANNUAL SERVICE PLAN UPDATE
(ASSESSMENT YEAR 8/15/23 - 8/14/24)
TABLE OF CONTENTS
A. INTRODUCTION.............................................................................................................. 1
II. UPDATE OF THE SERVICE PLAN................................................................................... 3
A. UPDATED SOURCES AND USES FOR PUBLIC IMPROVEMENTS........................................................... 3
B. FIVE YEAR SERVICE PLAN.................................................................................................................. 4
C. ANNUAL BUDGET................................................................................................................................. 4
D. ANNUAL INSTALLMENT PER UNITT...................................................................................................... 7
C. UPDATE OF THE ASSESSMENT PLAN........................................................................... 10
D. UPDATE OF THE ASSESSMENT ROLL........................................................................... I1
A. PARCEL UPDATES............................................................................................................................... 11
B. PREPAYMENT OP ASSESSAIENTS........................................................................................................ 12
APPENDIX A - PID MAP
APPENDIX B-1- ASSESSMENT ROLL, SUMMARY - 2023-24
APPENDIX B-2 - TIRZ CREDIT CALCULATION - 2023-24
APPENDIX C - PREPAID PARCELS
APPENDIX D - PID ASSESSMENT NOTICE
Ordinance No. 2353, Page 4 of 38
A. INTRODUCTION
The Euless Midtown Public Improvement District (the "PID") was created pursuant to the PID
Act and a resolution of the City Council on August 25, 2015 to finance certain public improvement
projects for the benefit of the property in the PID. The City issued Certificates of Obligations (the
"CO") in the aggregate principal amount of $16,450,000 to finance, refinance, provide or
otherwise assist in the acquisition, construction and maintenance of the public improvements
provided for the benefit of the property in the PID.
A service and assessment plan (the "Service and Assessment Plan") was prepared at the direction
of the City identifying the public improvements (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. The Service and Assessment Plan was amended and approved by the
city council on January 22, 2019 (the "Amended Service and Assessment Plan") to incorporate
changes to the original development plan. Pursuant to Chapter 372, Texas Local Government
Code, the Service and Assessment Plan must be reviewed and updated annually. This document
is the annual update of the Service and Assessment Plan for 2023-24 (the "Annual Service Plan
Update").
The City also adopted an assessment roll (the "Assessment Roll") identifying the assessments on
each parcel within the PID, based on the method of assessment identified in the Amended Service
and Assessment Plan. This Annual Service Plan Update also updates the Assessment Roll for
2023-24.
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 cleric 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 copy of
this Annual Service Plan Update will be filed with the county cleric 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 situation 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 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 11
Ordinance No. 2353, Page 5 of 38
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 shall have the meanings set forth in the Amended Service and Assessment Plan
unless otherwise defined herein.
(remainder of this page is intentionally left blank)
MuniCap 12
Ordinance No. 2353, Page 6 of 38
H . UPDATE OF THE SERVICE PLAN
A. UPDATED SOURCES AND USES FOR PUBLIC IMPROVEMENTS
Pursuant to the original Service and Assessment Plan adopted on January 26, 2016, the initial total
estimated costs of the Authorized Improvements, including certificates of obligation (the "COs")
issuance costs, were equal to $16,450,000. According to the Developer, the current costs spent to
date for the Authorized Improvements are $16,450,000 and remain unchanged from the initial total
estimated costs. According to the Developer, all Authorized Improvements were completed and
accepted by the City on September 18, 2018.
Table II-A-1 below summarizes the updated sources and uses of funds required to (1) construct
the Authorized Improvements, (2) establish the PID, and (3) issue the COs.
Table II-A-1
Sources and Uses of Funds
Original Budget Revised 1 Revised Budget
Sources of Funds Budget' Changes' Budget Actual Costs & Actual Costs
Variance
CO proceeds
$16,450,000
$0
$16,450,000
$16,450,000
Other funding sources
$0
$0
$0
$0
Total Sources
$16,450,000
$0
$16,450,000
$16,450,000
Uses of Funds
Roadway Improvements
Paving
$2,500,255
$469,405
$2,969,660
$2,969,660
Demolition and remediation
$2,700,000
($617,550)
$2,082,450
$2,082,450
Subtotal: Roadway Improvements
$5,200,255
($148,145)
$5, 052,110
$5, 052,110
Storm sewer collection system improvements
$0
Water distribution system improvements
$1,787,071
($418,801)
$1,368,270
$1,368,270
Sanitary sewer collection system improvements
$1,540,751
$88,363
$1,629,114
$1,629,114
Storm sewer collection system improvements
$1,522,678
$86,279
$1,608,957
$1,608,957
Right -of -Way and drainage pond acquisition:
$2,100,000
$0
$2,100,000
$2,100,000
Subtotal: Storm sewer collection system
$6,950,500
($244,159)
$6, 706, 341
$6, 706, 341
improvements
Subtotal: Authorized Improvements
$12,150,755
($392,304)
$11,758,451
$11,758,451
Other soft costs
_
_
_
$0
Hardscaping and amenities
$2,111,201
$474,059
$2,585,260
$2,585,260
Bonding & Mobilization
$431,900
($3,435)
$428,465
$428,465
Civil Eng. Design, Surveying, Staking & CA services
$1,145,559
($55,259)
$1,090,300
$1,090,300
Construction Contingency
$578,565
($407,631)
$170,934
$170,934
Construction management
$0
$234,569
$234,569
$234,569
Administrative costs
$0
$150,000
$150,000
$150,000
Subtotal: Other soft costs
$4,267,225
$392,304
$4,659,529
$4,659,529
CO issuance costs
$32,020
$0
$32,020
$32,020
Total Uses
$16,450,000
$0
$16,450,000
$16,450,000
1-According to the Developer as of August 7, 2020.
MuniCap 13
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Ordinance No. 2353, Page 7 of 38
Authorized Improvement Cost Variances,
As stated in Table II-A-1 on the prior page, there are no significant variances of the Authorized
Improvement costs.
B. FIVE YEAR SERVICE PLAN
A service plan must cover a period of five years. The budget for the Authorized Improvements is
shown in Section II.A of this report. The indebtedness expected to be incurred for these costs is
shown in Table II-B-1 below.
Table II-B-1
Annual Projected Indebtedness & Projected Annual Installments
Assessment Annual Projected Annual Projected Projected Annual
Year Ending Costs Indebtedness Installments'
08/15
2017-23
$16,450,000
$16,450,000
$5,775,098
2024
$0
$0
$200,166
2025
$0
$0
$1,103,316
2026
$0
$0
$1,097,977
2027
$0
$0
$1,097,131
2028
$0
$0
$1,095,601
2029
$0
$0
$1,093,389
Total
$16,450,000
$16,450,000
$11,462,677
I — Projected Annual Installments for Assessment Years ending 2017-2024 represent actual amounts
billed, which include applicable investment income credits and TIRZ Credits, if any. Projected Annual
Installments for Assessment Years ending 2025-2029 do not include applicable investment income credits
and TIRZ Credits, if any, and will be updated in future annual service plan updates.
C. ANNUAL BUDGET
Annual Installments
The Assessment imposed on any parcel may be paid in full at any time. If not paid in full, the
Assessment shall be payable in twenty-six Annual Installments of principal and interest beginning
with the tax year following the issuance of the COs, of which eighteen (18) Annual Installments
remain outstanding.
Pursuant to the Amended Service and Assessment Plan, each Assessment shall bear interest at the
rate on the COs commencing with the issuance of the COs. The effective interest rate of the CO
interest payments is 3.04 percent per annum for 2023-24. Pursuant to Section 372.018 of the PID
Act, the interest rate for that Assessment may not exceed a rate that is one-half of one percent
higher than the actual interest rate paid on the debt. Accordingly, an additional interest of one-
half of one percent (0.5%) is added to the estimated Annual Collection Costs for 2023-24 and such
MuniCap 14
Ordinance No. 2353, Page 8 of 38
additional interest amount will be used to fund prepayment and delinquency reserves as described
in the Amended Service and Assessment Plan. These payments, the Annual Installments of the
Assessments, shall be billed by the City in 2023 and will be delinquent on February 1, 2024.
Pursuant to the Amended Service and Assessment Plan, the Annual Service Plan Update will show
the remaining balance of the Assessments, the Annual Installment due for 2023-24 and the Annual
Collection Costs to be collected from each Parcel. Annual Collection Costs shall be allocated to
each Parcel pro rata based on the Annual Installment on a Parcel to the total Annual Installments
in the PID as a whole that are payable at the time of such allocation. Each Annual Installment shall
be reduced by any credits applied under applicable documents including the Amended Service and
Assessment Plan, such as the incremental taxes available to the PID (the "TIRZ Credit"),
capitalized interest, and interest earnings on any account balances and by any other funds available
to the PID.
Annual Budget for the Repayment oflndebtedness
Debt service will be paid on the COs from the collection of the Annual Installments. In addition,
Annual Collection Costs are to be collected with the Annual Installments to pay expenses related
to the collection of the Annual Installments.
Annual Installments to be Collected for 2023-24
The budget for the PID will be paid from the collection of Annual Installments collected for 2023-
24 as shown in Table II-C-1 below.
Table II-C-1
Budget for the Annual Installments
to be collected for 2023-24
Descriptions
Interest payment on February 15, 2024
Interest payment on August 15, 2024
Principal payment on August 15, 2024
Subtotal debt service on COs
Annual Collection Costs
Subtotal Expenses
Available TIRZ Credit
Available reserve fund income
Available capitalized interest account
Available Administrative Expense account
Subtotal funds available
Annual Installments
Total
$202,944
$202,944
$590,000
$995,888
$103,825
$1,099,713
($894,547)
$0
$0
($5,000)
($899, 547)
$200,166
MuniCap 15
Ordinance No. 2353, Page 9 of 38
Debt Service Pavments
Annual Installments to be collected for principal and interest include interest due on February 15,
2024 in the amount of $202,944 and on August 15, 2024 in the amount of $202,944, which equal
interest on the outstanding Assessments balance of $13,365,000 for six months each and an
effective interest rate of 3.04 percent. Annual Installments to be collected include a principal
amount of $590,000 due on August 15, 2024. As a result, the total principal and interest due on
the CO's in 2023-24 is estimated to be equal to $995,888.
Annual Collection Costs
Annual Collection Costs for the PID include two components: annual administrative expenses and
excess interest collected for reserves.
Annual administrative expenses include the City, Administrator, and contingency fees. As shown
in Table II-C-2 below, the total administrative expenses to be collected for 2023-24 are estimated
to be $37,000,
Table II-C-2
Administrative Budget Breakdown
-- - — -- 2023-24
Description Estimated Budget (8/15/23-8/14/24)
City $12,000
PID Administrator $21,000
Contingency $4,000
Total $37,000
Excess interest for reserves in the amount of $66,825, which equals 0.5 percent interest on the
outstanding CO balance of $13,365,000 following the August 15, 2023 principal payment.
Available TIRZ Credit
According to the City, there have been property tax TIRZ increments collected for tax year 2022
in the total amount of $878,147 that are available to be used as TIRZ Credit in 2023-24 for the
respective Parcels within the PID. The total incremental City, Tarrant County, JPS Health
Network, and Tarrant County Community College property taxes collected during tax year 2022,
were $563,938, $295,214, $295,927, and $171,639, respectively, as calculated based on the 2022
balances provided by the City. As a result, the City, Tarrant County, JPS Health Network, and
Tarrant County Community College TIRZ Credits available to offset 2023-24 Annual Installments
are $422,953, $221,411, $147,963, and $85,820, respectively. As a result, the total TIRZ Credit
generated from property taxes for 2023-24 is $878,147.
MuniCap 16
Ordinance No. 2353, Page 10 of 38
According to the City, the available incremental sales tax revenue generated in Fiscal Year 2022
to be applied as a TIRZ Credit in 2023-24 is $16,400.
Accordingly, this TIRZ Credit is the result of the 2022 TIRZ Revenues generated from each Parcel
within the PID, and the TIRZ Credit amount is allocated to each of the Parcels within the PID as
shown in Appendix B-2. The TIRZ Annual Credit Amount shall be calculated separately for each
Parcel and such TIRZ Annual Credit Amount shall be applied on a Parcel -by -Parcel basis.
Available Reserve Fund Income
As of the date of this report, there are no bonds issued for the PID. As a result, there is no reserve
fund income available to reduce the 2023-24 Annual Installment.
Available Capitalized Interest Account
As of the date of this report, there are no bonds issued for the PID. As a result, there is no reserve
fund income available to reduce the 2023-24 Annual Installment.
Available Administrative Expense Account
According to the City, there were $61,234 in administrative expense funds available as of
September 30, 2022. As a result, it is anticipated that $5,000 in administrative expense funds will
be available to reduce the 2023-24 Annual Installment.
D. ANNUAL INSTALLMENT PER UNIT
According to the Amended Service and Assessment Plan, residential and non-residential
development with a total of 348.24 Equivalent Units are estimated to be built within the PID. The
original Land Use Classes — defined as Land Use Class One through Land Use Class Five —
represent 317.00 Equivalent Units and account for $14,959,007 of the original Assessment. As a
result, the original Land Use Classes are allocated 90.94 percent ($14,959,007 - $16,450,000 =
90.941/6) of the Assessments and Annual Installments.
The new Land Use Classes — defined as Land Use Class Six and Land Use Class Seven — represent
31.24 Equivalent Units and account for $1,490,993 of the original Assessment. As a result, the
original Land Use Classes are allocated 9.06 percent ($1,490,993 - $16,450,000 = 9.06%) of the
Assessments and Annual Installments.
MuniCap 17
Ordinance No. 2353, Page 11 of 38
Original Land Use Classes (Land Use Classes 1-5) Annual Installment per Unit'
As described above, the original Land Use Classes account for 90.94 percent of the outstanding
Assessments. Accordingly, the principal and interest portion of Annual Installment to be collected
from each Equivalent Unit of original Land Use Classes will be $2,856.85 (i.e. ($995,888 x
90.94%) - 317.00 = $2,856.85) and the Annual Collection Costs to be collected from each
Equivalent Unit will be $283.49 (i.e. (($103,825 - $5,000) x 90.94% _ 317.00 = $283.49)). As a
result, the total Annual Installment to be collected from each Equivalent Unit of original Land Use
Classes in the PID will be $3,140.34 (i.e. $2,856.85 + $283.49 = $3,140.34). The Annual
Installment to be collected from each Parcel that is defined as an original Land Use Class in the
PID is calculated by multiplying the Annual Installment for each Equivalent Unit of $3,140.34 by
the total estimated Equivalent Units for each Parcel in the PID less any TIRZ Credit.
The Annual Installment due to be collected from each original Land Use Class in the PID for 2023-
24 is shown in Table II-D-1 below.
Land Use
Land Use Class
Class
Description
1
Single family residential
2
Townhomes
3
Row Houses
4
Multi -family residential
5
Retail
Table II-D-1
Annual Installment per Unit
Original Land Use Classes
Annual Installment Equivalent Unit Annual Installment
Per Equivalent Unit' Factor Per Unit,
$3,140.34 1.00 $3,140.34
$3,140.34 0.79 $2,480.87
$3,140.34 0.65 $2,041.23
$3,140.34 0.25 $785.09
$3,140.34 0.76 $2,386.66
1— Annual Installment per Equivalent Unit and Annual Installment per unit do not include applicable TIRZ Credit available
to each Parcel of the PID, if any.
New Land Use Classes (Land Use Classes 6-7) Annual Installment ver Unite
As described on the prior page, the new Land Use Classes account for 9.06 percent of the
outstanding Assessments. Accordingly, the principal and interest portion of Annual Installment
to be collected from each Equivalent Unit of new Land Use Classes will be $2,889.41 (i.e.
($995,888 x 9.06%).= 31.24 = $2,889.41) and the Annual Collection Costs to be collected from
each Equivalent Unit will be $286.73 (i.e. ($103,825 - $5,000) x 9.06% _ 31.24 = $286.73). As a
result, the total Annual Installment to be collected from each Equivalent Unit of new Land Use
Classes in the PID will be $3,176.14 (i.e. $2,889.41 + $286.73 = $3,176.14). The Annual
' Amounts calculated in this section are to the cent; whereas, the calculations shown are rounded for presentation
purposes.
z Amounts calculated in this section are to the cent; whereas, the calculations shown are rounded for presentation
purposes.
MuniCap 18
Ordinance No. 2353, Page 12 of 38
Installment to be collected from each Parcel that is defined as a new Land Use Class in the PID is
calculated by multiplying the Annual Installment for each Equivalent Unit of $3,176.14 by the
total estimated Equivalent Units for each Parcel in the PID less any TIRZ Credit.
The Annual Installment due to be collected from each new Land Use Class in the PID for 2023-
24 is shown in Table II-D-2 below.
Table II-D-2
Annual Installment per Unit
New Land Use Classes
Land Use
Land Use Class
Annual Installment
Equivalent Unit
Annual Installment
Class
Description
Per Equivalent Unit'
Factor
Per Unit'
6
Restaurant
$3,176.14
0.97
$3,080.85
7
Office
$3,176.14
0.74
$2,350.34
I — Annual Installment per Equivalent Unit and Annual Installment per unit do not include applicable TIRZ Credit available
to each Parcel of the PID, if any.
The list of Parcels in the PID, the estimated total Equivalent Units, the total Assessment, the annual
principal and interest, the Annual Collection Costs and the Annual Installment to be collected for
2023-24 are shown in the Assessment Roll Summary attached hereto as Appendix B-1.
(the remainder of this page is intentionally left blank)
MuniCap 19
Ordinance No. 2353, Page 13 of 38
C. UPDATE OF THE ASSESSMENT PLAN
The Amended Service and Assessment Plan adopted by the City Council describes that the
Authorized Improvement Costs shall be allocated to the Assessed Property equally based on the
equivalent 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 except otherwise as described herein and
Assessed Property will continue to be assessed as provided for in the Amended Service and
Assessment Plan.
(the remainder of this page is intentionally left bank)
MuniCap 110
Ordinance No. 2353, Page 14 of 38
D. UPDATE OF THE ASSESSMENT ROLL
Pursuant to the Amended 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.0 of the Service and Assessment Plan.
The Assessment Roll Summary is shown in Appendix B-1. 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 Amended Service and Assessment Plan, upon the subdivision of any Parcel, the
Administrator shall reallocate the Assessment for the Parcel prior to the subdivision among the
new subdivided Parcels according to the following formula:
A=Bx(C-D)
Where the terms have the following meanings:
A = the Assessment for each new subdivided Parcel
B = the Assessment for the Parcel prior to subdivision
C = the estimated number of units to be built on each newly subdivided Parcel
D = the sum of the estimated number of units to be built on all of the new subdivided
Parcels
The calculation of the estimated number of units 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 number of units to be built
on a Parcel may be estimated by net land area and reasonable density ratios.
According to the Developer and the Tarrant Appraisal District records, there were no Parcel
subdivisions within the PID after the Amended Service and Assessment Plan was approved by the
City in January 2019. The current Parcels within the PID are summarized in Appendix B-1.
MuniCap Ill
Ordinance No. 2353, Page 15 of 38
B. PREPAYMENT OF ASSESSMENTS
There have been no Assessment prepayments as of June 30, 2023. See Appendix C of this report
for additional prepayment related information.
The complete Assessment Roll is available for review at the City hall, located at 201 N Ector,
Euless, Texas 76039.
(the remainder of this page is intentionally left bank)
MuniCap 112
Ordinance No. 2353, Page 16 of 38
APPENDIX A
PID MAP
Ordinance No. 2353, Page 17 of 38
Exhibit A
HWY 183 The PID Map
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Ordit;ance No. 23 , Page
APPENDIX B-1
ASSESSMENT ROLL SUMMARY — 2023-24
Ordinance No. 2353, Page 19 of 38
Euless Midtown Public Improvement District
Assessment Roll Summary - 2023-24
Estimated
Account
No.
Land Use
Equivalent
Total Equivalent
Total
Principal
Interest
Annual Collection
:
TIRZ Credit
Total Annual
No.
of
Class
Unit Factor
Units
Assessment
Costs
Installment
Unitsr
42439751
ROW
$0.00
$0.00
42439769
ROW
$0.00
$0.00
42439777
ROW
$0.00
$0.00
42439785
ROW
-
-
$0.00
$0.00
42439793
-
ROW
$0.00
$0.00
42439807
ROW
$0.00
$0.00
42439815
ROW
$0.00
$0.00
42439823
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439831
1
3
0.65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439840
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439858
l
3
0.65
0.65
$24,920.68
$t,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439866
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439874
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439892
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439891
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439904
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439912
1
3
0.65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439921
1
3
0,65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439939
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439947
1
3
0.65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439955
1
3
0.65
0.65
$24,920.69
$1,100.13
$756.93
$194.27
($2,041.23)
$0.00
42439963
1
3
0,65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439971
1
3
0.65
0,65
$24,920.68
$1,100.13
$756,83
$184.27
($2,041.23)
$0.00
42439980
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42439998
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440007
1
3
0.65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440015
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
42440023
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
42440031
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440040
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440058
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440066
1
3
0.65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440074
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440082
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440091
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440104
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440112
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440121
-
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440139
5
6
0.97
4.85
$188,065.66
$8,302.19
$5,711.45
$1,390.62
($4,131.37)
$11,272.88
16
7
0.74
11.84
$459,112.86
$20,267.61
$13,943.00
$3,394.82
$0.00
$37,605.43
42440I47
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42733829
9
5
0.76
6.84
$262,242.25
$11,576.72
$7,964.15
$1,939.10
($21,479.97)
$0.00
42440163
12
5
0.76
9.12
$349,656.33
$15,435.63
$10,618.87
$2,585.47
($14,891.88)
$13,748.09
42440171
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440180
ROW
$0.00
$0,00
$0.00
$0.00
$0,00
$0.00
42440198
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440201
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440210
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440228
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440236
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440244
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440252
1
3
0.65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440261
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440279
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440287
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440295
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440309
1
3
0.65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440317
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440325
1
3
0.65
0.65
$24,920,68
$1,100.13
$756,83
$184.27
($2,041.23)
$0.00
42440333
1
3
0.65
0,65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440341
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
$0.00
$2,041.23
Ordinance No. 2353, Page 20 of 38
B-1- I
Euless Midtown Public Imorovement District
Assessment Roll Summary - 2023-24
Account
Estimated
No. of
Land Use
Equivalent
Total Equivalent
Total
Principal
Interest
Annual Collection
z
TIRZ Credit
Total Annual
No.
Class
Unit Factor
Units
Assessment
Costs
Installment
Units'
42440350
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440368
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440376
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440384
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440392
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440406
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440414
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
42440422
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
42440431
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
42440449
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440457
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184,27
($2,041.23)
$0.00
42440465
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
42440473
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
42440481
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
42440490
ROW
-
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440503
1
3
0.65
0.65
$24,920.69
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440511
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440520
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440538
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440546
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440554
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($926.54)
$1,114.69
42440562
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($1,082.85)
$958.37
42440571
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440589
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440597
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440601
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440619
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440627
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440635
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440643
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440651
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440660
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440678
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440686
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440694
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440708
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440716
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440724
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440732
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440741
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440759
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440767
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440775
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440783
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440791
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440805
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184,27
($2,041.23)
$0.00
42440813
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440821
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440830
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440848
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440856
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.93
$184.27
($2,041.23)
$0.00
42440864
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440872
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440881
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440899
1
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42440902
1
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,863.34)
$277.01
42440911
1
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,004.82)
$135.53
42440929
1
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.35)
$0.00
42440937
1
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,718.66)
$421.69
42440945
1
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,868.44)
$271.90
42440953
1
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.98)
$0.00
Ordinance No. 2353, Page 21 of 38 B-1-2
Estimated
Account No. of
No.
Units'
42440961 1
42440970
42440988
42440996
42441003
42441011
42441020
42441038
42441046
42441054
42441062
42441071
42441089
42441097
42441101
42441119
42441127
42441135
42441143
42441151
42441160
42441178
42441186
42441194
42441208
42441216
42441224
42441232
42441241
42441259
42441267
42441275
42441283
42441291
42441305
42441313
42441321
42441330
42441348
42441356
42441364
42441372
42441381
42441399
42441402
42441411
42441429
42441437
42441445
42441453
42441461
42441470
42441488
42441496
42441500
42441518
42441526
42441534
42441542
42441551
42441569
1
1
1
I
1
1
1
l
0.33
1
I
1
I
I
I
Euless Midtown Public Improvement District
Assessment Roll Summary - 2023-24
Land Use
Equivalent
Total Equivalent
Total
Principal
Interest
Annual Collection
a
TIRZ Credit
Total Annual
Class
Unit Factor
Units
Assessment
Installment
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,821.97)
$318.38
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($340.14)
$1,70 1.08
3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($369.72)
$1,671.50
ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,044.94)
$435.93
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,041.58)
$439.29
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,044.94)
$435.93
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,041.58)
$439.29
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,044.94)
$435.93
2
0.79
0.79
$30,288.21
$1,337.08
$919,84
$223.96
($2,041.11)
$439.77
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,044.94)
$435.93
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,038.68)
$442.19
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
ROW
-
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0.79
0.79
$30,288.21
$1,337,08
$919.84
$223.96
($369.72)
$2,111.15
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0,79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0.79
0.79
$30,288,21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0,79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
ROW
-
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,120.96)
$19.38
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.35)
$0.00
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,774.04)
$366.31
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,070.25)
$70.10
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,891.35)
$248.99
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,355.73)
$784.62
1
1.00
1.00
$38,339.51
$1,692.50
$1,164,35
$283.49
($3,067.55)
$72.79
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,128.39)
$11.96
1
1.00
0.33
$12,779.84
$564.17
$388.12
$94.50
($1,046.78)
$0.00
1
1.00
1.00
$38,339,51
$1,692.50
$1,164.35
$283.49
($2,906.60)
$233.75
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,091.35)
$48.99
1
1.00
1.00
$38,339.51
$1,692,50
$1,164.35
$283.49
($3,108.22)
$32.13
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,789.08)
$351.27
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,866.53)
$273.82
1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,106.26)
$34.09
Ordinance No. 2353, Page 22 of 38 s-1- 3
Euless Midtown Public Improvement District
Assessment Roll Summary - 2023-24
Estimated
Account Land Use
No.of
Equivalent
Total Equivalent
Total
Principal
Interest
Annual Collection
x
TIRZ Credit
Total Annual
No.
Class
Unit Factor
Units
Assessment
Costs
Installment
Units
42441577
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,718.66)
$421.69
42441585
- ROW
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441593
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
42441607
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
42441615
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
42441623
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
42441631
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
42441640
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($369.72)
$2,111.15
42441658
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($314.26)
$2,166.61
42441666
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($314.26)
$2,166.61
42441674
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($314.26)
$2,166.61
42441682
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($314.26)
$2,166.61
42441691
1 2
0.79
0.79
$30,288.21
$1,337.08
$919.84
$223.96
($314.26)
$2,166.61
42441704
ROW
-
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441712
1 3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42441721
1 3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42441739
1 3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42441747
1 3
0.65
0.65
$24,920,68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42441755
1 3
0.65
0.65
$24,920.68
$1,100.13
$756.83
$184.27
($2,041.23)
$0.00
42441763
- ROW
-
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441771
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,434.25)
$706.09
42441780
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,626.49)
$513.86
42441798
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,740.32)
$400.02
42441801
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,645.55)
$494.79
42441810
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,145.11)
$0.00
42441828
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,866.53)
$273.82
42441836
1 1
1,00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,983.85)
$156.49
42441844
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,798.57)
$341.77
42441852
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,470.35)
$669.99
42441861
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,942.97)
$197.37
42441879
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,531.99)
$608.36
42441887
1 1
1,00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.35)
$0.00
42441895
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.35)
$0.00
42441909
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,698.32)
$442.03
42441917
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,937.98)
$202.37
42441925
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,560.84)
$579.50
42441933
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,118.14)
$22.21
42441941
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,087.55)
$52.79
42441950
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,005.38)
$134.97
42441968
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,470.35)
$669.99
42441976
1 1
1,00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,759.71)
$380.63
42441984
ROW
-
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441992
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,866.53)
$273.82
42442000
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,531.99)
$608.36
42442018
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,787.61)
$352.73
42442026
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,676.97)
$463.38
42442034
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,968.22)
$172.13
42442042
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,434.25)
$706.09
42442051
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,866.53)
$273.82
42442069
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,434.25)
$706.09
42442077
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,123.85)
$16.50
42442085
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.35)
$0.00
42442093
1 1
1.00
1,00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,948.28)
$192.07
42442107
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,004.80)
$135.55
42442115
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,470.35)
$669.99
42442123
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.35)
$0.00
42442131
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,531.99)
$608.36
42442140
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,991.06)
$149.28
42442158
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.35)
$0.00
42442166
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,866.14)
$274.21
42442174
1 1
1.00
1.00
$38,339.51
$1,692.50
$1,164.35
$283.49
($3,140.35)
$0.00
Ordinance No. 2353, Page 23 of 38 B-1-4
Euless Midtown Public Imm•ovement District
Assessment Roll Summary - 2023-24
Account
Estimated
Land Use Equivalent Total Equivalent
No.
No. of
Class Unit FactorUnits
Units
42442182
1
1 1,00 1.00
42442191
1
1 1.00 1.00
42442204
42442212
42442221
42442239
42442247
42442255
42442263
42442271
42442280
42442298
42442301
42442310
42442328
42442336
42442344
42442352
42442361
42442379
42442387
42442395
42442409
42442417
42442425
42442433
42442441
42442450
42442468
42442476
42442484
42442492
42442506
42442514
42442522
42442531
42442549
42442557
42442565
42442573
42442581
42442590
42442603
42442611
42442620
42442638
42442646
42442654
42442662
42442671
42442689
42442697
42442701
42442719
42442727
42739088
42442743
42442751
42442760
42442778
00936863
1
1
1
1
i
1
1
1
1
1
1
1
1
i
1
1
1
l
1
1
1
1
1
1
15
1
ROW
ROW
ROW
ROW
2
2
2
2
2
2
2
2
ROW
ROW
ROW
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
ROW
ROW
ROW
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
4
6
1
ROW
ROW
ROW
0.79
0.79
0.79
0.79
0,79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0,79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0,79
0,79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.97
1.00
0.79
0.79
0,79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0,79
0,79
0.79
0,79
0.79
0,79
0.79
0.79
0,79
0.79
0.79
0,79
0,79
0.79
0.79
0.79
0.79
0,79
0.79
0.79
0.40
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
0.79
98.25
14.55
1.00
0,00
Total
Principal
Interest
Annual Collection
s
TIRZ Credit
Total Annual
Assessment
Costs
Installment
$39,339.51
$1,692.50
$1,164.35
$283.49
($3,033.39)
$106.96
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,422.68)
$717.67
$0,00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,271.47)
$209.41
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,33T08
$919,84
$223,96
($2,480,87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,289.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,298.21
$1,337.08
$919.84
$223.96
($2,320.29)
$160.58
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,274.55)
$206.32
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,28811
$1,337,08
$919,84
$22196
($2,480,87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,140.17)
$340.70
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,244.85)
$236.02
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,190.83)
$290.05
$30,288.21
$1,337.08
$919.84
$223.96
($2,193.94)
$286.94
$30,288.21
$1,337.08
$919.84
$223.96
($2,135.87)
$345.01
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,198.68)
$282.19
$15,144.11
$668.54
$459.92
$111.98
($1,240.44)
$0.00
$30,288,21
$1,337.08
$919,84
$223,96
($2,231.97)
$248.90
$30,288.21
$1,337.08
$919.84
$223.96
($2,321.38)
$159.49
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,298.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,193.94)
$286.94
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,193.94)
$286.94
$30,288.21
$1,337.08
$919.84
$223.96
($2,193.94)
$286.94
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223.96
($2,480.87)
$0.00
$30,288.21
$1,337.08
$919.84
$223,96
($2,480.87)
$0,00
$3,766,856.81
$166,288.48
$114,397.31
$27,853.32
($308,539.11)
$0.00
$564,196.97
$24,906.56
$17,134.34
$4,171.85
($4,862.43)
$41,350.32
$38,339.51
$1,692.50
$1,164.35
$283.49
($2,669.83)
$470.52
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Ordinance No. 2353, Page 24 of 38 s-1-5
Euless Midtown Public Imurovement District
Assessment Roll Summary - 2023-24
Estimated
Account Land Use
No. of
Equivalent Total Equivalent
Total
Principal
Interest
Annual Collection
2
TIRZ Credit
Total Annual
No. Class
Unit Factor Units
Assessment
Costs
Installment
Units
42617187 0.67 1
1.00 0.67
$25,559.67
$1,128.34
$776.23
$189.00
($2,093.56)
$0.00
42616423 0.5 2
0.79 0.40
$15,144.11
$668.54
$459.92
$111.98
($1,240.44)
$0.00
315
348.24
$13,365,000.00
$590,000.00
$405,887.50
$98,825.00
($894,546.90)
$200,165.60
1 - The total estimated Equivalent Units are
rounded to two decimal places for presentation purposes. The
Annual Installment
amounts are calculated
using the unrounded
equivalent units to match
the aggregate
amounts to be collected from all Parcels.
2 -TIRZ Credits include both property tax increments
and sales tax increments
Ordinance No. 2353, Page 25 of 38 k3_1.6
APPENDIX B-2
TIRZ CREDIT CALCULATION
Ordinance No. 2353, Page 26 of 38
Euless Midtown Public Improvement District
TIRZ Credits - 2023-24
Aggregate
Account No.
City
County
Hospital
College
Sales Tax
2023-24
Allocated
TIRZ Credit
42439751
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42439769
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42439777
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42439785
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42439793
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42439807
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42439815
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42439823
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439831
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439840
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439858
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439866
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439874
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439882
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439891
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439904
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439912
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439921
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439939
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439947
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439955
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439963
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439971
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439980
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42439998
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440007
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440015
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42440023
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42440031
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440040
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440058
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440066
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440074
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440082
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440091
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440104
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440112
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440121
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440139
$1,989.84
$1,041.66
$696.12
$403.75
$0.00
$4,131.37
42440147
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42733829
$8,356.36
$4,374.44
$2,923.34
$1,695.55
$4,130.28
$21,479.97
42440163
$1,262.95
$661.14
$441.82
$256.26
$12,269.72
$14,891.88
42440171
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440180
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Ordinance No. 2353, Page 27 of 38
Aggregate
Account No.
City
County
Hospital
College
Sales Tax
2023-24Allocated
TIRZ Credit
42440198
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440201
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440210
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440228
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440236
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440244
$983.14
$514.66
$34394
$199.48
$0.00
$2,041.23
42440252
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440261
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440279
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440287
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440295
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440309
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440317
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440325
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440333
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440341
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440350
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440368
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440376
$983,14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440384
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440392
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440406
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440414
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42440422
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42440431
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42440449
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440457
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440465
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42440473
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42440481
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42440490
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440503
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440511
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440520
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440538
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440546
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440554
$446.26
$233.61
$156.12
$90.55
$0.00
$926.54
42440562
$521.55
$273.02
$182.46
$105.83
$0.00
$1,082.85
42440571
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440589
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440597
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440601
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440619
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440627
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440635
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440643
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440651
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440660
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
Ordinance No. 2353, Page 28 of 38
Aggregate
2023-24
Account No.
City
County
Hospital
College
Sales Tax
Allocated
TIRZ Credit
42440678
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440686
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440694
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440708
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440716
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440724
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440732
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440741
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440759
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440767
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440775
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440783
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440791
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440805
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440813
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440821
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440830
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440848
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440856
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440864
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440872
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440881
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440899
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42440902
$1,379.11
$721.94
$482.46
$279.83
$0.00
$2,863.34
42440911
$1,447.25
$757.62
$506.30
$293.66
$0.00
$3,004.82
42440929
$1,512.53
$791.79
$529.13
$306.90
$0.00
$3,140.35
42440937
$1,309.42
$685.47
$458.08
$265.69
$0.00
$2,718.66
42440945
$1,381.57
$723.23
$483.32
$280.33
$0.00
$2,868.44
42440953
$1,512.83
$791.95
$529.24
$306.96
$0.00
$3,140.98
42440961
$1,359.18
$711.51
$475.49
$275.79
$0.00
$2,821.97
42440970
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440988
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42440996
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441003
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441011
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441020
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441038
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441046
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441054
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441062
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441071
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441089
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441097
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441101
$163.83
$85.76
$57.31
$33.24
$0.00
$340.14
42441119
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441127
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441135
$984.93
$515.60
$344.56
$199.85
$0.00
$2,044.94
42441143
$983.31
$514.75
$344.00
$199.52
$0.00
$2,041.58
Ordinance No. 2353, Page 29 of 38
Aggregate
Account No.
City
County
Hospital
College
Sales Tax
2023-24
Allocated
TIRZ Credit
42441151
$984.93
$515.60
$344.56
$199.85
$0.00
$2,044.94
42441160
$983.31
$514.75
$344.00
$199.52
$0.00
$2,041.58
42441178
$984.93
$515.60
$344.56
$199.85
$0.00
$2,044.94
42441186
$983.09
$514.63
$343.92
$199.47
$0.00
$2,041.11
42441194
$984.93
$515.60
$344.56
$199.85
$0.00
$2,044.94
42441208
$981.92
$514.02
$343.51
$199.24
$0.00
$2,038.68
42441216
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42441224
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42441232
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42441241
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42441259
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42441267
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42441275
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42441283
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42441291
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441305
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441313
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441321
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441330
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441348
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441356
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441364
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441372
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441381
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441399
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441402
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441411
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441429
$1,503.19
$786.90
$525.87
$305.01
$0.00
$3,120.96
42441437
$1,512.53
$791.79
$529.13
$306.90
$0.00
$3,140.35
42441445
$1,336.10
$699.43
$467.41
$271.10
$0.00
$2,774.04
42441453
$1,478.76
$774.11
$517.32
$300.05
$0.00
$3,070.25
42441461
$1,392.60
$729.01
$487.18
$282.57
$0.00
$2,891.35
42441470
$1,134.62
$593.96
$396.93
$230.22
$0.00
$2,355.73
42441488
$1,477.47
$773.43
$516.87
$299.79
$0.00
$3,067.55
42441496
$1,506.77
$788.77
$527.12
$305.73
$0.00
$3,128.39
42441500
$504.18
$263.93
$176.38
$102.30
$0.00
$1,046.78
42441518
$1,399.94
$732.85
$489.75
$284.06
$0.00
$2,906.60
42441526
$1,488.93
$779.44
$520.88
$302.11
$0.00
$3,091.35
42441534
$1,497.05
$783.69
$523.72
$303.76
$0.00
$3,108.22
42441542
$1,343.34
$703.22
$469.95
$272.57
$0.00
$2,789.08
42441551
$1,380.64
$722.75
$483.00
$280.14
$0.00
$2,866.53
42441569
$1,496.11
$783.19
$523.39
$303.57
$0.00
$3,106.26
42441577
$1,309.42
$685.47
$458.08
$265.69
$0.00
$2,718.66
42441585
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441593
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441607
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441615
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441623
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
Ordinance No. 2353, Page 30 of 38
Aggregate
Account No.
City
County
Hospital
College
Sales Tax
2023-24Allocated
TIRZ Credit
42441631
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441640
$178.07
$93.22
$62.30
$36.13
$0.00
$369.72
42441658
$151.36
$79.24
$52.95
$30.71
$0.00
$314.26
42441666
$151.36
$79.24
$52.95
$30.71
$0.00
$314.26
42441674
$151.36
$79.24
$52.95
$30.71
$0.00
$314.26
42441682
$151.36
$79.24
$52.95
$30.71
$0.00
$314.26
42441691
$151.36
$79.24
$52.95
$30.71
$0.00
$314.26
42441704
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441712
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441721
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441739
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441747
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441755
$983.14
$514.66
$343.94
$199.48
$0.00
$2,041.23
42441763
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441771
$1,172.44
$613.76
$410.16
$237.89
$0.00
$2,434.25
42441780
$1,265.03
$662.23
$442.55
$256.68
$0.00
$2,626.49
42441798
$1,319.86
$690.93
$461.73
$267.81
$0.00
$2,740.32
42441801
$1,274.21
$667.03
$445.76
$258.54
$0.00
$2,645.55
42441810
$1,514.82
$792.99
$529.94
$307.37
$0.00
$3,145.11
42441828
$1,380.64
$722.75
$483.00
$280.14
$0.00
$2,866.53
42441836
$1,437.15
$752.33
$502.76
$291.61
$0.00
$2,983.85
42441844
$1,347.91
$705.62
$471.55
$273.50
$0.00
$2,798.57
42441852
$1,189.83
$622.86
$416.24
$241.42
$0.00
$2,470.35
42441861
$1,417.46
$742.02
$495.88
$287.61
$0.00
$2,942.97
42441879
$1,219.51
$638.40
$426.63
$247.45
$0.00
$2,531.99
42441887
$1,512.53
$791.79
$529.13
$306.90
$0.00
$3,140.35
42441895
$1,512.53
$791.79
$529.13
$306.90
$0.00
$3,140.35
42441909
$1,299.63
$680.34
$454.65
$263.70
$0.00
$2,698.32
42441917
$1,415.06
$740.76
$495.03
$287.12
$0.00
$2,937.98
42441925
$1,233.41
$645.68
$431.49
$250.27
$0.00
$2,560.84
42441933
$1,501.83
$786.19
$525.39
$304.73
$0.00
$3,118.14
42441941
$1,487.10
$778.48
$520.24
$301.74
$0.00
$3,087.55
42441950
$1,447.52
$757.76
$506.39
$293.71
$0.00
$3,005.38
42441968
$1,189.83
$622.86
$416.24
$241.42
$0.00
$2,470.35
42441976
$1,329.20
$695.82
$465.00
$269.70
$0.00
$2,759.71
42441984
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42441992
$1,380.64
$722.75
$483.00
$280.14
$0.00
$2,866.53
42442000
$1,219.51
$638.40
$426.63
$247.45
$0.00
$2,531.99
42442018
$1,342.64
$702.85
$469.70
$272.43
$0.00
$2,787.61
42442026
$1,289.34
$674.95
$451.06
$261.61
$0.00
$2,676.97
42442034
$1,429.62
$748.39
$500.13
$290.08
$0.00
$2,968.22
42442042
$1,172.44
$613.76
$410.16
$237.89
$0.00
$2,434.25
42442051
$1,380.64
$722.75
$483.00
$280.14
$0.00
$2,866.53
42442069
$1,172.44
$613.76
$410.16
$237.89
$0.00
$2,434.25
42442077
$1,504.58
$787.63
$526.35
$305.29
$0.00
$3,123.85
42442085
$1,512.53
$791.79
$529.13
$306.90
$0.00
$3,140.35
42442093
$1,420.02
$743.36
$496.77
$288.13
$0.00
$2,948.28
42442107
$1,447.24
$757.61
$506.29
$293.65
$0.00
$3,004.80
Ordinance No. 2353, Page 31 of 38
Aggregate
Account No.
City
County
Hospital
College
Sales Tax
2023-24
Allocated
TIRZ Credit
42442115
$1,189.83
$622.86
$416.24
$241.42
$0.00
$2,470.35
42442123
$1,512.53
$791.79
$529.13
$306.90
$0.00
$3,140.35
42442131
$1,219.51
$638.40
$426.63
$247.45
$0.00
$2,531.99
42442140
$1,440.63
$754.15
$503.98
$292.31
$0.00
$2,991.06
42442158
$1,512.53
$791.79
$529.13
$306.90
$0.00
$3,140.35
42442166
$1,380.45
$722.65
$482.93
$280.10
$0.00
$2,866.14
42442174
$1,512.53
$791.79
$529.13
$306.90
$0.00
$3,140.35
42442182
$1,461.01
$764.82
$511.11
$296.45
$0.00
$3,033.39
42442191
$1,166.87
$610.84
$408.21
$236.76
$0.00
$2,422.68
42442204
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442212
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442221
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442239
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442247
$1,094.04
$572.71
$382.73
$221.99
$0.00
$2,271.47
42442255
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442263
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442271
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442280
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442298
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442301
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442310
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442328
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442336
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442344
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442352
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480,87
42442361
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442379
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442387
$1,117.55
$585.02
$390.96
$226.76
$0.00
$2,320.29
42442395
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442409
$1,095.52
$573.49
$383.25
$222.29
$0.00
$2,274.55
42442417
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442425
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442433
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442441
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442450
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442468
$1,030.80
$539.61
$360.61
$209.16
$0.00
$2,140.17
42442476
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442484
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442492
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442506
$1,081.22
$566.00
$378.25
$219.39
$0.00
$2,244.85
42442514
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442522
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442531
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442549
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442557
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442565
$1,055.20
$552.38
$369.14
$214.11
$0.00
$2,190.83
42442573
$1,056.69
$553.17
$369.67
$214.41
$0.00
$2,193.94
42442581
$1,028.73
$538.52
$359.88
$208.73
$0.00
$2,135.87
Ordinance No. 2353, Page 32 of 38
Aggregate
Account No.
City
County
Hospital
College
Sales Tax
2023-24
Allocated
TIRZ Credit
42442590
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442603
$1,058.98
$554.36
$370.47
$214.87
$0.00
$2,198.68
42442611
$597.45
$312.76
$209.01
$121.23
$0.00
$1,240.44
42442620
$1,075.01
$562.76
$376.08
$218.13
$0.00
$2,231.97
42442638
$1,118.08
$585.30
$391.14
$226.86
$0.00
$2,321.38
42442646
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442654
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442662
$1,056.69
$553.17
$369.67
$214.41
$0.00
$2,193.94
42442671
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442689
$1,056.69
$553.17
$369.67
$214.41
$0.00
$2,193.94
42442697
$1,056.69
$553.17
$369.67
$214.41
$0.00
$2,193.94
42442701
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442719
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42442727
$1,194.90
$625.51
$418.02
$242.45
$0.00
$2,480.87
42739088
$148,605.72
$77,793.14
$51,987.33
$30,152.92
$0.00
$308,539.11
42442743
$2,341.96
$1,225.98
$819.30
$475.20
$0.00
$4,862.43
42442751
$1,285.90
$673.15
$449.85
$260.92
$0.00
$2,669.83
42442760
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42442778
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
00936863
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
42617187
$1,008.35
$527.86
$352.76
$204.60
$0.00
$2,093.56
42616423
$597.45
$312.76
$209.01
$121.23
$0.00
$1,240.44
Total
$422,953.37
$221,410.52
$147,963.45
$85,819.58
$16,400.00
$894,546.90
1 - Total TIRZ Credits are calculated for the District based on aggregate taxable values. The TIRZ
Credits are then
allocated to each par
proportionally based on
taxes paid. Excess
TIRZ Credits generated
above the gross
Annual Assessment
amounts for each parcel are real
across all other parcels.
Ordinance No. 2353, Page 33 of 38
APPENDIX C
PREPAID PARCELS
Ordinance No, 2353, Page 34 of 38
APPENDIX C
As of June 30, 2023, there have been no prepayment of Assessments for any Parcel within the PID.
Ordinance No. 2353, Page 35 of 38
APPENDIX D
PID ASSESSMENT NOTICE
Ordinance No. 2353, Page 36 of 38
PID Assessment Notice
NOTICE OF OBLIGATION TO PAY PUBLIC IMPROVEMENT DISTRICT ASSESSMENT TO
THE CITY OF EULESS, 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 Euless, 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 Euless
Midtown 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, may be
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 txvidamunicap.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
Signature of Seller
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
Ordinance No. 2353, Page 37 of 38
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
FILED AND RECORDED
OFFICIAL PUBLIC RECORDS OF
TARR COUNTY, TEXAS
O0912
ORDINANCE
D22314224\
OE
Pages: 38
Fees: $167.00 MARY LOUISE NICHOLSON
COUNTY CLERK
Ordinance No. 2353, Page 38 of 38