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2015 TIRZ No. 1 Annual ReportOWN OF PISPER Town of Prosper, Texas Tax Increment Reinvestment Zone #1 (TIRZ #1) ANNUAL REPORT 2015 Prosper TIRZ #1 Annual Report 2015 -1- INDEX Pg.1 Cover Pg. 2 Index Pg. 3 Year End Summary of Meetings/Town Council/Board Actions Pg. 4 TIRZ Boundary Map Pg. 5 Public Infrastructure/Building Projects Pg. 21 Capital Improvement Plan Budget Pg. 22 TIRZ Fund Pg. 23 Annual Financial Report Prosper TIRZ #1 Annual Report 2015 -2- Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of Septeniber 30, 2015 YEAR END SUMMARY OF MEETINGS TOWN COUNCIL BOARD ACTIONS In December 2015, the Town of Prosper Town Council appointed members for the Tax Increment Reinvestment Zone #1 (TIRZ #1) Board of Directors. The TIRZ Board of Directors meeting is scheduled to be held on January 26, 2016. The Annual Report will be presented at this meeting to be considered and possibly approved by the Board. In the latter part of 2015, Blue Star Land commenced construction on its Gates of Prosper development at the northeast corner of US Hwy 380 and Preston Rd. with the installation of a large sewer line from the west, thus marking the first improvements made to the TIRZ #1 site. Board members appointed and currently serving are: Town —Ray Smith, Michael Korbuly, Kenneth Dugger, Curry Vogelsang, Jr., Meigs Miller, Mike Davis, and Jason Dixon. Collin County —Susan Fletcher. Prosper EDC—David Bristol. Prosper TIRZ #1 Annual Report 2015 -3- w III � Y1 U � Mn SOAU7 � 4 tat — LW ° Ix LLCL CL 0 AVMIIOl HIM, fibi1VO 2i ti h D W o a o o LAo. LA rJ N m r- 0 0 0 o m p� cr L1 ai co ai op iri EF rn . 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F R fu 1 Q k I i t- I S' u 1 I TF N r rr F' a r.. y a z ]� HAN � W CL w ylY� 7 li r LL =�� a 'l eS �yl' LU �� 3 Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of September 30, 2015 PUBLIC INFRASTRUCTURE / BUILDING PROJECTS CONTINUED ROADWAYS Sedw A CIP Raadwa 114NN 4-Lane Road anwity 1 3 3'3 Unit LF Cat Per thin S 72.3 00 S746,7511 M !A section S CtP Roommay 44-ane ROM 1,650 LF STZS-00 S 1 I%.250 00 1A Seem: C CIP Roafta 4-Lane Rand 2.130 LF S725.00 $1 5" =A CO dA 5ect+on D CIP Roa&"y 4-Lane Road 1.22M LF S725 00 S435-SO OC 18 Seeban E CIP Road m 4-Lane Road I 1.990 I LF S7: 9 00 1 31 44.-. 750 00 18 Sra'®ot: F CIP RoWway 4-Lane Road 1.4F97 I LF I S7-25 00 1 $1 073 M.00 le ,Secton G TiFU: PUI7%C Roadw3 4ji.arle MW 1,67,0 1 LFJ, S7"".5.00 1 $1 F 1fl.750.013 2A secke H €k,ehper Roadway j 44ane Road 4W LF $72S.00 S33.3,50O.00 2A secb rl I TIRZ BOW PL"ic Roadway 44-ane Road 2,a2O LF S-123.00 S1.464.500.00 2A Secbm,$ Dewdlc r 3La'+e Woad b'S0 LF S425 00 S22932250 00 ZA Secbm K nRZ Ells bie Publle Ra-Wway 3-Lane Ro+d 2.584 LF__j S425 00 $1 OeaE SM 00 2A SeCTICA L nFtz av* P toc Ro&dw8y it" Reid 1.110 LF 54z5 Cif S471,750 OC ZA Sermon M 'nRZ PUbpc Fioada 2Lane Road 1.0a0 LF 5=40 00 5353,6[iO.00 29 secxn N TIRZ B194A PU Ac 2L� Road 1,050 LF S340.Oa $357,000 00 2H secton 0 CIP 4 -mm Road %0 LF S7M.00 S652,500 00 M is -- P CIP kwiftey 4-Lx* Road 470 LF S7-15 00 S33O,750 00 28 Secwr.0 CIP 44-ane Road 2,11M LF $725 00 S 1486.250 as 3A Secoon R nRZ Et "Pubic Roadway 2La v Road 1:690 LF S340 00 S574.GW DC 38 SeCDW S T1RZ Eiig6lEm "ic Roadway I .Lori Road 1.15C7 I LF $U0 00 1 S599,400 00 1 36 Secson T TIRZ eigbi Public Roadway 44,m* Road 3�^}JJ LF S725 00 S2M1,000 M 38 Secbom U CIP Roadway 4 -ane Road 9PC LF S725_00 $717.750 OD 38 set m It CIP Raoawa 4-Lane Road 870 LF '5725,00 S630.T50 OC 38 SecWn W CIP Roadway 4-Lane Road 1.130 LF S725.O0 S982 750.00 V Section)( CIP Rowma 44-ane Road 2,690 LF S725,00 S192j,.1W.00 4A seeton y CEP Roadway 4-Lane Road 820 LF $7 5 00 Sb$4,$d0 M 4A seebon 2 CIPRoadwa 4-Lane Road IWO LF $7500 S1.685.000.00 4A SecbmAA CIP 3-Lane Road 1.205 LF 5425.00 5512.15.00 18 SubdiVA0 018 Devetaper 2-Lane Pout 5,1o0 LF S350 00 31 785,040.00 10 Sdbd = OIA Deyelow Roadways 2-Lane Rand 13,&50 L.F I S350.00 $4,777.S00.00 I to su"51110 02 De"elow Ruadwaya 2-Lane Road 30.925 LF 5350.00 S1D,8'3,750.00 ZA SUbdfbttltt D3 Dmebpa Roadways 2-Lane R ed t0.OL7<7 LF S350 00 S3:SM DM.00 38 Subdisdid CW CdevODW Roa ays City Std 31' M Roadway 9.%-S LF $450.00 S4,31M,250.00 3A CIP Roadway, LENGTH= 23,315 SUBTOTAL= $16541,87500 TIRZ Eligible Public Roadway LENGTH- 13,280 SUBTOTAL- S6.368.100.00 Developer Roadway LENGTH- 70,390 SUBTOTAL- $25,817,250.00 TOTAL ROADWAY: LENGTH- 106,985 SUBTOTAL- $48.747,225.00 Prosper TIRZ # l Annual Report 2015 -15- Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of September 30, 2015 PUBLIC INFRASTRUCTURE / BUILDING PROJECTS CONTINUED ADDITIONAL ROADWAY ITEMS so i Total Coat Pree6oreRped C and Am LS I 8175.000.W S350;00000 lA Presosn Road oevelow aced TurrF s LS $175 00000 St7S.OW OD 1A MtAple Locaborrs CIP Traft 39 Dee and Carnt 9 LS S235 000 00 sz.115.000.00 ALL MAW* Locations T1RZ Elio 6 Public Tr dk Sim Des And Cornet 2 LS $235,00000 $970AOD W ALL Rrcrrdnd 9r,E CIP TMMC Rarrrd &M I LS OW 000 00 VW.000 00 1B Lovers Lai a CIP RR Br I LS $5 5W.WD.00 $5 5W.000.00 4A All Dezeuw TFdFE r"t an lyrsra IT14 1 LS 560,0D0 00 $ 0.000 W 1A CIPItems- 56215,D00.00 TIAZ EheiWe PvWic stern, - S T0,000 00 Developer mtenlfi S235,000 00 SUBTOTAL- S&920.000.00 TOTAL= S57.667.225.00 WASTEWATER OMcfl"M - Laees A vd C Clp Prole•=: T"a Sewer Yin ! I LS I 55.210,00000 S5 270.000 00 1 IA LrneC-1 CIPPrgecl 10"SSWR 3.OW LF S5500 St677500O I L ne C-2 CIP Pm tec-t 10" SSWR 5,820 LF %S 00 SKID. ICC DO 1B Lax ID Derelvsem Pmlect R' SSWR 1,560 LF $45 00 $74,700 00 3B LmeE Cer.,e Prwv 9'SSWR 1,460 LF S4500 V6,70000 38 Loe F Oerelop- Pr"ed 8" SSWR 1.520 LF 545 00 5W.4D0 CC 3$ Lore G Oeveidlxr 3' SSIAR 1.110 LF S45 00 S49.980 DO 1A Suddeasles 01Q Develaxr Pre1eC1 8' 55WR 9.C= LF $45 00 5lt3,6w DO Ifi Subdeswo 0 1 A Ceeelcw pr*xt 8' SSWR 10,920 LF S45 00 5491.4DD,00 1A Sund-MVid 02 C*velolres ProleCt 8' SSWR 24,740 LF S45.00 $1 113.300 DO 2A Subdrstrict03 DereWperProjetI 8'SSVVR 8,000 LF $4500 S360,00000 3B Subdistrict 04 Developer Projeel S' SSV6R 7.852 LF $45.00 5344, 340.00 3A »rl DeveioperPn*ct Master llhl Pharr 1 LS S150.00D00 $150.00000 1A CIP Wastewater TOTAL- $5,697,850.00 TIRZ Eligible Public Wastewater TOTAL - Developer Wastewater: TOTAL- $2901,390.00 TOTAL WASTEWATER: TOTAL- S8.599,240.00 Prosper T1RZ 41 Annual Report 2015 -16- Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of September 30, 2015 PUBLIC INFRASTRUCTURE I BUILDING PROJECTS CONTINUED WATER C.P -Tlhawww y ;,� 1 5* LF Ica"Foruill $205'3G TOR Coet I soffit/ V �' 500,}G 18 7,c-.,p CnP 15' 'haterxne 5,'=8Ci LF $19fF 00 S 1 003'_00.00 CIP 1g J�Wetrs>e I." LF5190.00 535].s00 t)0 36 C'P 12-haten„e TAW LF $100.00 S 105.000.00 38 Setoon A rM Dkg� Pubic Prg 1 � 'haaefte 9W LF S 100 00 $Sg OM..00 1 A Secoon B IRZ EtWe Pubic 12' ONatenne 1 510 LF S 170 OO S151.000 7O 1 A Seebm C VP2 Pubic t r 'Iraar: wt a 2.180 LF $100 00 S218.O00 D0 1A Secrion0 IRZEkgiM-A#c Q'-NakrWM 1140 LF S10000 $124,000.M to Settlorn E ITPR_7 E444e PA*c Pqad 12' 'All* ,re 1,940 LF S10000 $191.0D000 1B SecEanf TiF?ENpi-eP"ac PrW4 ::'Aacerre 1 7.4m LF $10000 $14800006 IS Seceon G Inl a Pudic qmpio t 2 liaterane 1 1.650 Lf $100 0C S 165. XO 30 Semn A I Ce'eloper Pro e t I F2' haten41e 4W LF S100.00 SAE.000 00 ZA Sestnm I ITIRZ Ebwe Pubic - I:* h11t"O'k- '',04a LF S119J % SZO4. Me M ZA SemnK IrRZ EAgbte PaAc IZ',Vaftrine 1710 LF S1CO.00 $17T,O0000 2A. Secvrn L ITIRZ Ei qUe PdAc P qe- 12-linter" 1.950 LF $100,00 S105.000 00 ZA Section 41 1RI a Putltc P _ 1 _> watertere t,040 Lf $100.00 S104.000 CO 2B Section 0 RTRZ E Pubic Prq 1_ 'haterene 900 LF 5100.00 MOM 00 :B rr' tl P iaZ Elri, Flr Pubic • 12, 1.10bekrt 470 LF S100.0C S47.W0 CO _B secwl Ct j Tl;C Ek,1e Pubic 12' -hatertrrre 3,0W tF S ICO 00 S205. C00 W 3A Sectlm R [RZ Pubic P•cle 1_ -rYoaOr e 6450 LF S100.00 S145.ZpD.OD 38 Sectw T ITIR2 ELg4te PuWr PTWO 1 r Waferlrrc 1 600 I LF $100.00 SW DM QO 30 SeCOM W r1RZ Eig"e Pudic P IT Aateet ve 1.190 1 LF 5100 Oil 5119.000.20 ZB �ecllorn .c RZ EWe fvbic 12- Waterine 1 2.850 1 LF S 100.00 I SZfS.OW W ,A SLxksbnct Dia OeNeWov f rgtct 8" 9 12" Watedow I 5.100 I LF S58 00 'SZ95,800 OO i B SutxRaaict D I A Dne eloM Project 8' 3 +2' W dedw+e 13.650 LF S56 00 S79 t.700 DO 1A SuWatnct 02 Dev super Pmrct F S 12' rratsrrme 30.925 LF S58 00 51 793.b50.00 _A saws nct 03 E1eNe4ow Projec t W S 12-'he4b 10,000 LF S58.00 SWG0 D0070 38 xtbdtamct 04 OeveipM Project 8, walev" 9.%5 LF S40 O0 S382.800.00 3A CIP Water LENGTH= 14.490 TOTAL= $2,753,100.00 TIRZ Eligible Public Water LENGTH- 26,140 TOTAL= $2,614,000.00 Oeveloper Water LENGTH- 69,700 TOTAL- $3,889,750.00 TOTAL WATER: LENGTH- 110,330 TOTAL- 59,256,850.00 Prosper TIRZ #1 Annual Report 2015 -17- Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of Septentber 30, 21)15 PUBLIC INFRASTRUCTURE / BUILDING PROJECTS CONTINUED DRAINAGE DMerb011r1 TIRZ Eh;-t� PLLAi;P . I 4 F-4- NBC 180 LF U- 51. 100 DO 5196,DXOO ! 2A 7:�,- IRZ PubliiCP _ - e 44, 11BC 1,440 LF S`_80_DO S83S.'00-DO 2A T1RZ P„ ALP tax4'IICD 1 100 L.F 5'.10 OC 354 -DM f* ?A TIi FinicP r-6'x4'Y9C 130 LF S90C4 $T$4C0'00 2A L"A3 PTR7 EkA*PublicPmjec 10'x4'FWS 1.060 LF K10-00 S328,600.00 2A 2 - W-c4' MBC 610 LF SW 00 S35S 800 DO 2A Lmee-I L.*"Ncw -*Ject L- 11Jx4' MM 24U Lt k.AJ UU S140,L+U11 LV Stl Line 8-2 Deveiewpfgeet 2- 10'x4' G8C 310 LF MM-00 S192,200-130 38 Lax 0-3 DerreleW ProWt 2 - 9'kt' UK $70 LF S1.80 00 S504.EM W 3B Line B4l Devekac Pro3rcl 2- 1G,4' G8C %0 LF j SQQ DO S34:,_00 00 38 LM B-5 CIF Pmfect ex3' RC 710 LF 5:00-00 $1410W DO 16 Z - 6k3 UBC 610 LF S4L10.00 S244,000.00 115 -644 MBC: bbu Lk VISA[-UU 33 'KF iXU Ili 10-n4'RC8 120 LF VIO.DD S37,200-00 TB - 8'.r YBC W LF Ss80 DO S16E 20D-DD TEL Line B-6 DevekP-w Proprct Sx3' RCB 640 LF $180-00 S115,''D0-DO 3A eA3' RCB 960 LF 5:00-0C 5192,000 OD 3A Lune &7 CIF Prqm ax3' Ft3CB 380 LF $280-00 S1LY+.4D0 00 ?B Line C-1 DeveWw Pmwt 2 - 6-,14' MBC rM LF S!8C.00 $446-600-00 T4 Line C-2 Reveloper Pr *11 o - 9'x4' NBC 970 LF SEM-00 S581-DW-OD IA [Lair C-3 CIP Piy'ect 1=- e-n4' MCC 630 LF Y_60-00 SS65,400. OD to CIP Storm: LENGTH- '-,,= TOTAL= 51,446,000.00 T17Z Eligible Public Storm: LENGTH- S,840 TOTAL= 52..1?2,000-0C *Developer Storm TOTAL= S2528,600-OC TOTAL STORM: LENGTH= 13.140 TOTAL= S6.106.600.0C DETENTION:STUDIES 'Oe.*4w. Pr2t:a Ponds I LS S3,4?9.500 DC, S3.459 500.00 ALL 'DeveloperProj"t MasterVrvilagefDM Plan 1 LS 5150.000-00 S150,DDO-OD TA SUBTOTAL= 53,649.S00.0C *Half of the Developer Drainage and Detention Cost is TIRZ eligible per the original Development and Financing Agreement TOTALSTORM= S9.756,100.0t Prosper TIRZ #1 Annual Report 2015 -18- Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of September 30, 2015 PUBLIC INFRASTRUCTURE 1 BUILDING PROJECTS CONTINUED PUBLIC ELECTRICAL DUCT BANK 5CG6onA WAPubkEkttrra. Y New DUCtSaFli 1.13 1" LF can UAIt 3'S].3C told CM 5:57.5iy:: Phw Section C WA Pubic Electricni Duce Bank 2,130 LF MUM W1500.00 1A Section D WA Pubic Eleckrical Duct BN* 1290 LF Si90.00 Sdt2,5MOD s E Seedon F WA Pubk EMOOCA Duct Ban* IA-M LF 5250.00 S3 &MI0.00 1B senon G NfA PubkcE*CtM" Ckut Bart 1,37g LF S-MOD 3417.500.OD 2A StrtWn I r*A Cubic FJectried Duct Bart 2,020 LF 525i1.0O 5505.00O.D0 Seam J NVA Fubie Ekdreal Duct Sank 6590 LF $2SOOt7 5172,500.D0 2A Seedan 4 N(A I Vub&s Elearex Duct Ben* SM L F 5250.00 5225.000.30 26 SecWn R WA Pubic Ei -AVcm Duxt Smt 990 LF $2150.00 5247,5W 00 2B IrAftmal NPA Pubic EMCITICar Duct Bart 4,630 LF 5250.0O $1 157.5W 00 4A From Section J Noret to FirA Street internal I WA Pubic BeMcai Duct Bart 1,050 LF 5250.00 $261500.00 313 Fmm Seed R West to Rained Wdernal I NfA Pubic Eledneal Duct Bert 4,240 LF S:5o.0O $1 060,0M 0C 1 B FItlre irlterseYbOn of Pregm a -A Rl N rrd tit Ak ry PresW to FM Street VRZ Ehoble CIP Items Subtotal= TIRZ El&gzae PUDbc hems St6toza�= 52,500,000.00 Developer Items Subtotal- $3.030,000.00 TOTAL DUCT BA11K LEFIGTH= 22.120 TOTAL= $5.530,000.00 Prosper TIRZ # l Annual Report 2015 -19- Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of September 30, 2015 PUBLIC INFRASTRUCTURE 1 BUILDING PROJECTS CONTINUED AMENITIES - — _ 001 Coat W PjuK .a-.: Ce.e' pc. S-ame 1 L -JSc2, fC -3W =Z S52OD-000001 ALL Pubbe and Oeveloom Enbv Feabjm and I LS I S3,275,000 00 $3,275,000.00 1 ALL CIP hems Subtotal SD -OD Pubbc Items Subtotal S4,137,500.00 D--Mo per Items Subtotal S4,337,500.00 Amenities Subtow SS.475,000.00 U1ll,ITY RCLUCATIONS I.m1i7LL Tlr' Er94bae P OC PWjecUS 39DOrertsaW to Dud t L5 S= 200,OGC' E.'0 S' 200.D000O 2A T1RZ ffiplW PUMC P"ec 8ds+nesa ZB9 0vW*W W DA t I LS I S450.000.00 5450.000.00 3B TIRZ IEVL1e Pwic Pro,*c first Stoat G1Yxhead to Dutt I t LS I St wCoc 00 $1 --mo 10.00 I 4A UP Rems Subtotal -TIRZ Bifble PubliC Items Subtotal S1,925,000.00 'Developer Items Subtotal 51,925,000.00 SUBTOTAL- 53,850.U0O.00 '50% or 7sa L;DWy reldcadon mom are Tt4Z eiigole as x+ dta mural EDenek pnvM and Fronting Agreement OTHER MISC. KEYS ■11� Ptutre 1 CIPbemsSubtoral SO.00 Pub:K Items Subtotal $0,00 Developer Items Subtotal 50 00 SUBTOTAL= SO.00 TOTAL= SL2,325,000,00 Prosper TIRZ #1 Annual Report 2015 -20- Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of September 30, 2015 CAPITAL IMPROVEMENT PLAN BUDGET Reimbursement Request No. i - June 1 2015 Payee: Pro'ect: Pur ose: Amount: Alliance Geotech MDB Sewer Materials Testing $ 7,166.30 Alpha Testing MDB Sewer Geotech Investigation $ 16,800.00 BNSF Railroad I MDB Sewer RR Crossing Permit $ 4,750.00 Huitt Zollars, Inc. MDB Sewer Engineering & Surve in $ 214,144.96 Sendera Title MDB Sewer Easement Him Fees $ 263.00 Brown Law Firm MDB Sewer Legal Fees - Esmnt Agree $ 1,487.50 Topographic Imaging Serv. MDB Sewer Aerial Too $ 27,500.00 Wright Construction MDB Sewer Construction $ 3,356,750.09 MASTMK LLC MDB Sewer Purchase of Easement $ 3,500.00 DCFWSD#10 MDB Sewer Legal & Eng for Easement $ 3,847.50 BPS Re ro a hics LLC MDB Sewer Easement Exhibits - Artesia $ 111.06 TOTAL MDB Sewer $ 3,636 320.41 Kimley Horn Richland & Lovers I En ineerin & Surveying $ 139,196.42 TOTAL Richland & Lovers $ 139,196.42 Mario Sinacola & Sons SH289 Median Open I Construction $ 335,233.80 TOTAL SH289 Median Openings $ 335,233.80 REIMBURSEMENT REQUEST NO. 1 $ 4,110,750.63 Prosper TI RZ # 1 Annual Report 2015 -21- Town of Prosper, Texas Tax Increment Reinvestment Zone #2 As of September 30, 2015 TIRZ FUND Financial Statement CAPITAL DEBT PROJECTS SERVICE TOTAL Beginning Balance: October 1, 2014 $ 0 $ 0 $ 0 Revenues: Property Tax $ 0 $ 0 $ 0 Interest $ 0 $ 0 0 TOTAL REVENUES $ 0 $ 0 $ 0 Expenditures: Land Purchases $ 0 $ 0 $ 0 Professional Services $7,500 $ 0 $7,500 Construction/Improvements $ 0 $ 0 $ 0 TOTAL EXPENDITURES $7,500 $ 0 $7,500 Ending Balance: September 30, 2015* ($7,500) $ 0 ($7,500) * Unaudited, subject to change. Prosper TIRZ #1 Annual Report 2015 _22_ Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2015 ANNUAL FINANCIAL REPORT Chapter 311.016 of V.C.T.A. requires the following information as part of the annual report on the status of the TIRZ District. Information is contained in detail on the financial statements. 1. Amount and source of revenue in the tax increment fund established for the zone: $0 Total Revenue 2. Amount and purpose of expenditures from the fund: $7,500 Financing plan update 3. Amount of Principal and Interest due on outstanding indebtedness is as follows: A. Contributions /Advances from developers— $4,110,750.63. B. Bonds issued and payment schedule to retire bonds— none. 4. Tax Increment base and current captured appraised value retained by the zone: Taxing Jurisdiction Town of Prosper Collin County Net Taxable Value Fiscal Year 2014 - 2015 $699,531 $699,531 Base Year* Value (with AG) Jan. 1, 2008 $4,507,850 $4,507,850 Captured App. Value Fiscal Year 2014 - 2015 $ 0 $ 0 5. Captured appraised value by the municipality and other taxing units, the total amount of the tax increment received, and any additional information necessary to demonstrate compliance with the tax increment financing plan adopted by the governing body of the municipality. A. Captured appraised value shared by the municipality and other participating taxing jurisdictions received in Fiscal Year 2014-2015: Taxing Participation Amount of Fiscal Year Jurisdiction Per $100/Value 2014-2015 Increment Town of Prosper (70%) $ 0.520000 $ 0 Collin County (50%) $ 0.225000 $ 0 Total $ 0.745000 $ 0 B. Amount of tax increment received in 2015 from the municipality and the other taxing jurisdictions based on 2014 valuations: $ 0 C. Other information: None * Base Year Value as of January 1, 2008 is for Fiscal Year 2007-2008. Prosper TIRZ #1 Annual Report 2015 -23-