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2018 TIRZ No. 1 Annual ReportTIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 (TIRZ #1) ANNUAL REPORT 2018 Prosper TIRZ #1 Annual Report 2018 -1- Town of Prosper, Texas TIRZ 1 - Item 4 Tax Increment Reinvestment Zone #1 As of September 30, 2018 INDEX 1) Cover 2) Index 3) Year End Summary of Meetings/Town Council/Board Actions 4) Public Infrastructure/Building Projects 5) Capital Improvement Plan Budget 6) Annual Report 7) TIRZ Fund Financial Statement 8) Revenue & Expenditures a) TIRZ Rollback Tax Map b) Rollback Tax Revenue c) Property Tax Revenue d) Impact Fee Revenue e) Payment Summaries Prosper TIRZ #1 Annual Report 2018 -2- Town of Prosper, Texas TIRZ 1 - Item 4 Tax Increment Reinvestment Zone #1 As of September 30, 2018 YEAR END SUMMARY OF MEETINGS/TOWN COUNCIL BOARD ACTIONS In December 2015, the Town of Prosper Town Council appointed members for the first Tax Increment Reinvestment Zone #1 (TIRZ #1) Board of Directors. In the latter part of 2015 Blue Star Land commenced construction on its Gates of Prosper development at the northeast corner of US 380 and Preston Road with the installation of a large sanitary sewer line from the west, thus marking the first improvements made to the TIRZ #1 site. The first annual TIRZ Board of Directors meeting was held on January 26, 2016. The second annual TIRZ Board of Directors meeting was held on April 11, 2017. The third annual TIRZ Board of Directors meeting was held on January 23, 2018. This is the fourth year that the board has reviewed the annual report. Board members appointed and currently serving are: Town —Mayor Ray Smith, Mayor Pro-Tem Curry Vogelsang, Jr., Deputy Mayor Pro-Tem Jason Dixon, and Councilmembers Michael Korbuly, Craig Andres, Meigs Miller, and Jeff Hodges. Collin County — County Commissioner Susan Fletcher. Prosper Economic Development Corporation — Board Member David Bristol. During this reporting period, the following buildings received Certificate of Occupancy. Business Name .Address Area (Sq. Ft) Issued Date America's Best Contacts & Eyeglasses 871 S. Preston Rd. 3,998 sq. ft. 472018 .AT&T 1101 S Preston Rd, Suite 30 3,953 sq. ft. V19?2018 Bath & Bo6i Works. 971 S. Preston Rd. 3,023 sq. ft. 41412018 Burlington 1131 S Preston Rd 40,650 sq. ft. 712712018 Carters #1164 931 S. Preston Rd. 4,553 sq. ft. 412012018 Chick-Fil-A 1091 S Preston Rd 4,676 sq. ft. 8a' 02018 Chili's Bar & Grill 11081 S. Preston Rd. 6,046 sq, ft. 111112017 Chills 3F0 1151 S Preston Rd., Suite 20 1.170 sq. tt 812912018 D5N Inc 901 S Preston Rd 15,000 sq, ft. 81312018 Famous Foofwear 1021 S. Preston Rd. 6,120 sq, ft. 312112018 Fed Ex Office and Print Services (within'Nalmart) 500 Richland Blind., Ste 800 424 sq ft. 1126+2018 Five Below, Inc. 1121 S. Preston Rd. 8,468 612512018 GNC #174G 750 Richland Blvd., Ste. 30 1,360 4117018 Great Clips 750 Richland Blvd., Ste. 50 1,102 2012018 Kirkland's 1011 S Preston Rd 7,6451 311 W2018 Massage Envy 750 Richland Blvd. Ste. 80 3.194 sq. ft. 2123+2018 Mattress Firm 750 Richland Blvd, Suite 10 4,032 sq. ft. 71512018 Netanyah Art Studio 750 Richland Blvd., Suite 20 1,372 sq. ft. T2712018 Old Navy 11041 N. Preston Rd. 12,550 sq. ft. 511412018 Prosper TIRZ #1 Annual Report 2018 -3- Town of Prosper, Texas TIRZ 1 - Item 4 Tax Increment Reinvestment Zone #1 As of September 30, 2018 Busin-ess Name .Address Area (Sq. Ft.) Issued Date Oshkosh #2135 941 S Preston Rd. 2,447 sq. ft. QW2018 Palm Beach Tan 1180 N Preston Rd., Suite 10 1,470 sq. ft. 9v1W018 PetSmart 1001 S Preston Rd. 19,389 sq. ft_ 2012018 Rack Room Shoes 1071 S. Preston Rd. 5,999 sq. ft. 1262018 Ross dress for Less 1051 S Preston Rd. 25,265 sq. fl WW018 Sally Beautj Supply 951 S. Preston Rd. 2,352 sq. ft. &4?2018 Sauce Pizza &'&rine 1151 S Preston Rd., Suite 10 4,320 sq. ft. W13''2C 18 Sm.ashburger 1111 S Preston Rd., Suite 30 2,234 sq. ft. &'2V2018 Sports Clips Haircuts 851 S. Preston Rd. 995 sq. ft. 5u' M2018 Tapan t'o* 1350 N. Preston Rd., Suite 30 1,680 sq. It B'?0,`C1a 18 Texas Roadhouse 1211 S. Preston Rd 7,420 sq. ft. 150 018 TJ Maxx 1061 S Preston Rd. 21,200 sq. ft. 12V2018 Torrid 961 S. Preston Rd. 3,100 sq. ft 4W2018 Ulta Beaubj 1031 S. Preston Rd. 10,M sq, fit 502018 Venezia Nail Salon 861 S. Preston Rd. 3,215 sq. ft 865 2018 Verizon 1141 S Preston Rd., Suite 10 3,395 sq. ft. W212018 Walmart #6300 500 Richland Blvd. 186,968 sq. ft. VM2018 Walmart #6300 Fuel Station 510 Richland Blvd. 499 sq. ft. V202018 Whataburger 1201 S. Preston Rd. 3,578 sq. ft. 101,V2017 Woodforest National Bank 500 Richland Blvd., Ste. 801 7C5 sq. ft. 1 417J2018 Prosper TIRZ #1 Annual Report 2018 -4- U00 14 N O � N H � W ° v a a ar 0 W o — a � 7 Z c Q 3NVI I S33AOI `ll LU lz e to cr a LLI . ,yr 0 u •"� Mir ,�'�� d k � � -._ . � � � • V. \ I I.I •� I � W d AVMIIOI HIHONI SVIIVG 0 CD } Q fxf^ V D E. ti O O O O O G O G C uu N m n 0 0 0 0 m w Ou m Win u m N t� C% R o 0 w o m a n W c, O so ri ai m -i en N rf J k ND V} to Uv 4F I✓b W ul + O z�g888$g8 c d d ao ui Lcs =u u1 +1 0 4'd G 0 d0 i LU N 0 H N N *i e= fh tlY Vi Vi VF V} V► m R a 588888E mw00Ln- u � (A�. 0 0 0 0 0 0 0 0 C N O Oo Le r! i0 pOp O qdq G pOp O QdQ O ' I n L I rr oti I n oo u7 "It rt r IA f !R 1 Ih fh !h f/i !h 0-. IT `� a 404 F C u 16 4 ca O to C cg di �'1 U LL ME vf! 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N N VI y� V{ 1ji w w w In VVVIII M VV11 Q VI N W G G ae p P o F F r3 a P 00 fn 4-4 LVA 00 E co � •I I 2 w l> w 4t z Q a �o a a� c r W 0 it [U) V CL LL yY 0 x � � tw t i.j O 4-4 ti A N N F--1 F- 7 FI E4 IMV cr- LLJ a_ CID 0 LL- 0 7a. W. LLI < TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 PUBLIC INFRASTRUCTURE/BUILDING PROJECTS RCOMWAYS nu" 5eebm A CIP 44-v* Road 1.030 LF S725-00 $746,750 OD IA 5ecaon8 CIPRW"W 4-Lane Road 1,650 LF $72500 $1.1962M.00 1A Seeoon C CIP Roa"M 4-Lane Road 2.130 LF 5725 00 51,544,2-0 00 1A Setbon a CIP Rvaawsy 4-Lam Rwd 1.,9p LF 5725 00 sm.250 DD 1B seebon E CIP 4-Lane Rod 1,990 LF Si7..r` 00 51.442.750.00 18 SeCnpn F CIP Fland" 4-Lame Road 1,480 LF SM00 $1073.OD0.00 1B Section G nFtZ PUAC Midw 4-Lane Road 1.&70 LF 57-5.00 S127p.' .7.00 2A seeaan H Developer Roadway 44Lane Road 460 LF $7M-00 5333-00.00 2A section I TIRZEigM Public Roadway 44-aft Rood 1 2,020 1 LF S7S_O0 $1.4M-5W DO 2A Serbm J Devtloper RaxWay 34.e ROM 6W V 54-S.00 S293250 OD 2A Seebon K T1RZ eopbie ptivic Rom wa 3-Lane Road 2, 58D LF $425 00 $1096.500 00 2A secton L TTRt 09W Public Roadway 34AM Road 1.110 LF 5425 00 $471,750 00 2A SeCon M T1Fz Ebgsw Kfflc t2!dwall 24.ane Road 1.040 LF SM 00 5353,600.00 .10 Section N TW Public ftaftayl 24 ane Road 1.050 LF SM-00 $357,000.00 28 Secicm Q CIP a.Lane Road 9M LF SM-00 565_,50D 00 21B Seeapn P CIP Rwd d-Lane Road 47D LF $725.00 5340,750 0G 28 Seclrwo CIPRoadwsy 44,V*Fiwa4 2,050 LF $725-00 $1.486-M.00 3A Secborr R TIRZ Ebgd* Public Roadway 24_ane Road 1 1,690 1 LF I SW 00 557;,600 w 38 Scow 5 TIRZ VW* Public Ro*Mw 24_" Road 1 1,760 LF I SW 00 5598.400 00 3B Secom T TIRZ EbPW Public FlaaUny 4-Lane Read 1 360 1 tF I 5725 DO I SM1,1370A0 1 38 5ecbm U CIP Roachm 44_wic ROW 550 LF 57M.00 5717,75D.OD 35 seam 11, CIP RAi 100 4-Larla Road 67D LF 5725,00 5630.750 OD 35 section W CIP Rowway 44Lane Road 1,190 LF 57"5.00 S862,7WOD 28 SecbDn X CIP Rmidwa 44Lane Road 2r650 LF S725.00 $1921,250 00 4A secbw V CIP 4-Lane Road &M LF $725 00 W974,500 OD 4A Sect*n Z CIP Rwoway 4-Lane Rand 2.60D LF 5725 00 $1 am.= 00 4A 5ecW AA CIPF4adway 3-0ne Road 1,205 LF 5425.00 5512,125 M iB 51bdismd a I B pevtlaperRO&MOA I 2-Lane Road 5.100 LF M-00 53.7800D.0D 10 slbd53llc3 01A Developer Roadwap 2-Lane Read 13,650 LF 5350.00 54.777.SW.00 1A Slbdmmc102 Developer 2-1-ane Road 30,925 LF $350-W S10.823.7W,00 2A Sibd15iW D3 DeYrlaper 2-1-ane Road 10,000 LF 5350 00 $3.SMDOD.00 38 Siubdwncl04 Developer C $W 3T B-B Roo 9,565 LF 5450-OD I $4.304,250.60 3A CIPRoadwav 7 LENGTH- 23,315 SUBTOTAL= 516.541,67500 TIRZ Eligible Public Roadway LENGTH- 13,280 SUBTOTAL- $6,388,100 00 Developer Roadway LENGTH- 70,390 SUBTOTAL- $25,817,250.00 TOTAL ROADWAY: LENGTH- 106,985 SUBTOTAL- 540,747,225.00 Prosper TIRZ #1 Annual Report 2018 -16- TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30 2018 ADDITIONAL ROADWAY ITEMS >f Cn rpre!lton R.td C!P .Sediang=wwl UR Cow I :'-- j 5350.0DO.OD I 1A Pre5W ROW Developer OpenN and Tum L 5175 000 CO 5175,040 OD IA MLA" Locations CIP Trafic Sig. Dee and Const 5 LS $235.000.00 S2.115.000.00 ALL AAulat>"e Loca " TIRZ Eb*M Public Traffic Sig Des. And Corsi 2 LS 11015.000.00 $470,DDO DO ALL Rkraand 8rid CIP Tr*lk Rotand<abovt 1 LS 1 52% DOO 0O s250,000 0D 1 B Lovm Lone C1P RR C i L5 I SS.500_DOO.00 S5 5fMi.DW-00 I 4A .All Deveroper 17raffir inpact Analysis ,T3a P I LS I S60,000.OD I 580.W0 DD I 1A CIP Itertks-- SB 215,D00_DO TIRZ Elvoie Publk MNTK S47O.Wo 00 Developer ftms- S 35 ODD OD SUBTOTAL= .DW.00 TOTAL= f57.687"MOO WASTEWATER Lines A and C CiP Prgect Trw* Sewer Mars 1 J. LS IWU.RF 55.210.30C• CC YOU i5 210 DD0.00 IA LneC-I CIP PM06 IUrSSWR I 3,050 I LF S55DD S16775000 I IB LureC-2 CIP Pro" 10rSSVYR I 5,820 LF 1 555.00 S3211.IDO.DO 1B LCM 0 Cevebtac Project a'SSWR I1,560 LF J. S*00 $74,700 00 3B Lrre E Ce-- er Project 8" 5 S NR 1,450 LF $45 00 W.7W 00 38 Lne F T SSWR 1,5«0 LF $45 00 568,4W OD 3$ Lww G L�evrtapeftrc9 S' SSWR 1.110 LF S4500 S49,9W W 1A 5U"=C1 D1B Uerebw Project 8" SSWR I A,= I LF S45.O0 5183.600.DO SB Svbdrs ncs DIA, co-� ftnt $' SSWR 10,920 LF $45.00 $49 t,4W.DO 1A 5t"Swct V- Developer Pmpct 8" SSWR 24.740 LF S45.00 $1 113.30000 2A Subgjstnct 03 pevelom Project 8' SSWR a= LF S45 00 SMO-DW-00 38 04 Developer Protect 8' SCSWR 7,552 LF $45.OD $344.34D.09 3A A!I DeveloM l Master UWq Plan 1 L5 5150.000 W 5150,DD0.00 1A CIP Wastewater TOTAL- $5 697,850.00 TIRZ Eligible Public Wastewater: TOTAL - Developer Wastewater TOTAL- $2,901,390.00 TOTAL WASTEWATER., TOTAL- $8,599,240.00 Prosper TIRZ #1 Annual Report 2018 -17- TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 WATER W Lim I CIP 21f Hataltine 8,300 LF 5205.00 51 29I S00 00 B GlP lane : GIP 16' Wateltm 5,280 LF $190-00 S 1003:''00.00 2A CIP Line 38 CIP w Waw'm 1,860 LF S 190.00 $353,400 {ID 38 CiPLwle-3b CIP 12"Nat"M 1,050 LF $100.00 S105,000.00 35 sea= A TIRZ Elgble Public - 12'Watefte 9W LF 510000 S59,000 DD 1A Setdw B ITIRZ Public 12` Wate+lffle 1,510 LF S100 00 S151,00D.00 1A Secoont 1RZE PLUG IY WMel" 2,18D LF 51-M00 $2t8,000.DD IA 5ecnon p ITIRZ Etgble P1 biC Pm1ej 17"llot coe I 1_'I'40 I LF I SI40 CC I $17,4.D00.00 18 S4K*nE tnRZ Pulft Pmtetj 12' vdswr-e 1,940 LF $10070 S194,D0DDD 1B SecwnF RZ ENM PLAAc PmQ i2" Nmiellme 1.480 LF S10000 ST48.M.00 1B SecoonG IRZ ENAO Public 12"Natestne 1,650 LF S1D0.0C ST65,DD0.0D 2A 5ecWn ri I De+relaaec Prolett I 12"Nateaine 460 LF S1110 00 546,000.00 2A Section t JTLR7 EbqW POAC PMX4 IT, dvatelve Z.040 IF $10000 S204-000.00 ZA Secoon 3C IRZ EY,7ble Publt Prole Ix'NatM*V 1.710 LF $100 ,30 S171,000.DD 2A Secoon L IR2 Eb$Je Public 12"Naierhle ISM JF $100.0a S1G5.000.G0 2A S&VWn4 ITIRZ aque Put4c rZ"Nate rs 1.040 LF S I W X S104,00000 28 Sacpon p tTlRZ EY� Pwtc P 12' 'NalErf+re 900 LF MOM S60,D0C 00 2B section P IRZ Efigue Pubic PMgetj 12` 'Nak"M 470 LF S10D.W 547.000 0C Z8 Sactivn 4 IRZ Ebyble PWic Prga 12' Watedine 2.050 LF $100,00 SZD5. MD, 00 3A SsedonR ITIRZ DqdbW PLbkc 12,Watedm 1450 LF S10000 5145,DDDOD 3B Secooa T M Eugible Public Prgeti 12, hlal+arrr>e 600 LF $100.00 S60.000.D0 3B Section rlRZ Dq Ue Nbhc PmKA 12' Wate+lne 1,190 LF $100.00 31 1$.0DDM ZB 5ecow x IR2 PubNe PMteci 12" 'Naterk+e 2,6w LF 1 $100.00 1 SM-D0 w I 4A Sue vMt GIB Om"— Prwd S" a 12" 'Nalerlm 5,100 LF SW 00 $295,800.00 1 B Subd,strltlGJA l7relosler tr& 1_ 'Natwi-e 13.650 LF S5900 S791,7G0.01) to Sutdrsmd D. Der,:low Project r3" a 12- Wele w* 30,825 LF $58 09 S1.793.650.00 2A subd=xncr D3 De+e� Prord 8' a 12 YYaWffW 10,000 LF $5000 %W.CW M 3B Subdntrlct 04 Der� Pro}eCt a-llici<rr'ine 9,555 LF 540.00 S382.WO-DD 3A CIP Water- LENGTH= 14.490 TOTAL= 52,753,100.00 TIRZ ElWNe Public Water LENGTH= 26,140 TOTAL- $2,614,000.00 0evetoper Water LENGTH- 69,700 TOTAL- $3,889,750-00 TOTAL WATER: LENGTH- 110,330 TOTAL- $9,256,950.00 Prosper TIRZ #1 Annual Report 2018 -18- TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of 5eotember 30, 2018 DRAINAGE 311SgOnI a - 4Y0, 000per Phslte L,re A• I MRZ Elipihr Put4c Prwre a . 8 .a NBC 1 150 j ,,F 1 3110000 1 519E.CM CC Line A-2 IRZ Eli 4* Public P c _ - 8'x4' NBC I LW I LF 1 5_e80 00 1 5835.2T10.DO 2A U,it A-3 TIRZ fi ,W P1UWii,Prv1~t, IVi4' RCB 1,100 LF 3' 10 09 334 -DN 00 2A Line A-4 JTIRZ Eli ,11Y PubllcProtec -- - 8'x4' NBC 130 LF V80 DO S75s0O DO 2A Line A-5 rlRZ Eligible Public Prolec 1(1'x4' RCB 1,0W LF 5;10 00 S328,6DO DO 2A - 8'x4' NBC 610 LF S'80 DO S353 EW 00 .A Urhe C• 1 LtttYlCxtr Cl : - 11) r4 }Ail;, :-;V LF ]t.0 W $148.bW UU Stl Line 151-2 De+eka-r PWC1 2- ID'x4' IABC 310 LF SE20 00 st9.•2OO DD 313 Ur.e a-3 De -,eloper Ptyrcl : - 8'x4' NBC 870 LF WO 00 S%d.600 DO 36 Line E4 C1e�eioper PrWo 2- 10'x4' MBC 560 LF SE -Al 00 $34; •-IM DO 3B Line 0-5 CIF Protect 6'x3' RCB 710 LF S:00 00 S142,000 DO 1B - 6'x3' NBC 610 LF S400 M S244.O00.Op 1B _ -6'44 hlpti 1-,h11 it S_tR1 LOU 5.ibr, BlMJ.l10 lb 10'x4' RCB 120 LF Si10 00 S37,200 DO IB -$x4' NBC 250 LF Vail OD S168.:0o OC Is Lune E-6 Deveive, Project 5'x3' RCB 640 LF $18000 SI IS.200 DO 3A 5x3' RCB 960 LF $200 00 3192.000 00 3A Line E7 CI>= Protect 8'x3' RCB MO LF S:80 GO $ID6.4O0 00 2B Une C. 1 ce:,ekce: Protect = - 8'x4' NBC 770 LF S`-p,O.OD $446 6C.D DO 1A Line C-2 Oevemoper Protect _ • 91.x4' NBC 970 LF SE00 00 S582,DW 00 1A Uiis C-3 CIF PivjaG : - 8'aW NBC 630 LF 3Le0 00 3385.400 DO I A CIP Storm LENGTH- 400 TOTAL- 51,446.000 OC TNZ Eligible Public Storm LENGTH- S,840 TOTAL- 52,U2,000.0C 'Developer Storm TOTAL= S2,S28,600 OC TOTAL STORM: LENGTH= 13.240 TOTAL= S6.LC6.600.0C ❑ETENTT H STUDIES 30011M lLem JaMaKyj Umt Ic-ap-twl ToMw cost I Ptlsre 'Developer Prwd I DetentiorllReternlon Ponds 1 LS S3 409 SCIO DO $3 459,500 OC ALL 'CieveloperProiecl MWIEFDfMnaQWCti!t Plan 1 LS 5 150 000 00 1 S150.0W00 to SL6707AL= 53-649.500.0( 'Half of the Dcvcloper Drainagc and Dcxcnvcn Cott * TIRZ cligibic per heongnalDevelopment and Financing Agreemen• TOTALSTORM= S9.756,100.0C Prosper TIRZ # 1 Annual Report 2018 -19- TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 PUBLIC. ELECTRIi.AL DUCT BANK Sfapktill , ecbon A %iA 6W FJedF tV Ruts &vim 1. 1.3 �D LF S250.00 S257,5C0.00 IA Secncn C MA Public EleMcM WU Bank 7 2,13a LF S250.00 5532,500.00 1A SecWn D rVA Pubic Ekcinc$ Dust ft* I1 '90 LF 5250.00 S322,500.00 1 B SecWn F NiA Pubic E*dhcai Duct Bank I t,480 LF 52S0.00 S370,000.00 15 Section G ?1+A r-u,W E*dilcal Duct Bank 1,TtO LF 5250.00 5417 SMW ?A Seetw I tWA Public E*McM Dud Hank 2,0'0 I V S250.00 5505.a oo 2A 5eak)n J NIA Pubic Eledrl" Dust Bank 590 LF 5250.00 3172,50Ei00 2A 5ecbbn O FVA Pubic EMMtal Duct ON* 9W LF S? ,00 LM.[Sf0.00 2B Ssctfan R NIA Pubic EJedncal Dud Benlc 99D LF 5250.00 $347.500 00 2B ktwmw WA Public Ekdmal Duct Bar* 4,930 LF S250.00 S 1 157S00.00 4A Fmm Section J Nath to Fist Sbvee InPerrsot INIA Pubic EWnCM Duct Bat* 1.050 LF 5250.00 S282,5W..00 3B Fom Section R West io RakoM hl MMM I NVA PuMe E* Mcal Duct SW* 4.240 LF 5250.00 S 1.01 DWA 00 18 From ,rxeraecion of Presom and Rktksrid PAE 3kxg Predw to Fret Stroet TMZ BOW CIP hems SubtaWa — TIRZ Ehpb4e Nd*c hems Subtoul= 52,S00,000A0 Ctrrel0Per items Subtotal- 53,030A00A0 TOTAL DUCT BANK LEFIGTH= 22,120 TOTAL= SS530A00.00 Prosper TIRZ #1 Annual Report 2018 -20- TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 AMENITIES SocWn Publk end Developer Pack Saate I I LS 1 $5,200,000-DO I — — $5,2W-W0.00 ALL -- Pubic and Developer Entry Feabres end R 1 LS 1 $3.275.000 00 $3.275,000-00 ALL GP Items Subtotal SO-00 Public Items Subtotal 54,137,500-00 Developet hears 5ubtatal $4.337,500.80 Amenities Subtotal SS,47S,000.00 UTILITY NEI.00ATIONS sea" -- - iu` �- 11ble Pudic P"C VS 360 Ov &,W m Duct t I LS 52.200.004 OC S2 _2—W O 0 00 I :A TIRZ SqbWPublic Pmpc Business289OverhmdtoDud t I LS SCM00.00 I 5450,000.DD 1 38 TIRZ Ei4w PudK Proles Feat Sheet Owerheae to Dua I t I Ls $1.200.000 OO $t 200.000 00 1 4u CIP Items SubtaW 'TIRZ Erpble Public Items Subtotal $1,925,000-00 -Developer Items Subtotal $1,925,000.00 SUBTOTAL- 53,850,000.00 '50% O!" k,Wy roczaW *Ms are TiRZ $%Wle as per ere onprtal Devenoprnent end F wwwq Ageeawrt OTHER MISC. ITEMS s�tyan Deservda" Rem titre r4.t 0, urwt Total Co.l CIP ttcm5 Subtotal S0.00 Pubic Items Subtotal S0.00 Developer Items Subtotal SO.00 SUBTOTAL= 50.00 TOTAL= 512,125,000.00 Prosper TIRZ #1 Annual Report 2018 -21- TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of Septeinber 30, 20I K CAPITAL IMPROVEMENT PLAN BUDGET Rebubuirsenlent Request No. 4 - Ju11e 1, 2018 payee. Proieet: Pu ose: Amount: Kiinlg Horn Richland & Lovers Landscape Architecture $ 32,212.50 K6rd Horn Rickland & Lovers Eu ' eerie & Sury ' 100.248.99 TOTAL Richland & Lovers 132.461.49 ho Testing Gates Phase 1 Ttstvs — Detention Pond $ 11.134.56 City of Frisco Gares Phase 1 Traffic Signal Lover080 materials 154,664.60 Cosisolidated Traffic ContFols Gates Phase 1 Traffic Si RichlanclPreston 5.014.00 Crossland Conshuctiou Gates Phase 1 Medians. Signals. Detention Pond 512-922.00 DinableSpecialifies Gates Phase 1 Traffic Signals Lovers: 380 & Richlan&?restou 194,612.97 Mario Sirmcola & Sons Gates Phase 1 Ricbland. Lovers. Detention Pond 1.491.293.15 Oncor Electric Dcbvciy Gates Please 1 Transformer for Traffic SipWs 7.457.87 Su s Gates Phase 1 Remote Trtcs for Richland Dr. Construction 1,900.00 TOTAL Gates Phase 1 2,378,999.15 Kind Horn Gates Phase 2 & Survnul $ 21.075?0 TOTAL. Gates Phase 2 21 075.20 L%TEREST 3.50% S 277,231.35 Interest REINIBURSEIIENT REOtTST NO. 4 S 2.809.767.19 REIMBURSEMENT NO. 1 FY 2015 $ 4.110.750.63 REIMBURSEMENT NO. 2 FY 2016 2,867,876.09 REIMBURSEMENT NO. 3 FY 2017 2,118,275.54 TOTAI, I;fI.I.I:I] TO l3_lTE: I S11.906.669.45 Prosper TIRZ # 1 Annual Report 2018 _22_ TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 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 statement. 1. Amount and source of revenue in the tax increment fund established for the zone: $ 1,952,797 Total Revenue 2. Amount and purpose of expenditures from the fund: $ 1,846,745 Total Expenditures 3. Amount of Principal and Interest due on outstanding indebtedness is as follows: A. Contributions /Advances from developers— $8,883,918.12 B. Bonds issued and payment schedule to retire bonds— none 4. Tax Increment base and current captured appraised value retained by the zone: A Tax Increment base and current captured appraised value retained for Tax Year 2017: Taxing Net Taxable Value Base Year* Captured App. Value Jurisdiction Tax Year Value (with AG) Fiscal Year 2017 Jan. 1, 2008 2017-2018 Town of Prosper $40,776,072 $4,507,850 $36,268,222 Collin County $40,776,072 $4,507,850 $36,268,222 Tax Increment base and expected captured appraised value for Tax Year 2018: Taxing Net Taxable Value Base Year* Captured App. Value Jurisdiction Tax Year Value (with AG) Fiscal Year 2018 Jan. 1, 2008 2018-2019 Town of Prosper $84,241,857 $4,507,850 $79,734,007 Collin County $84,241,857 $4,507,850 $79,734,007 * Base Year Value as of January 1, 2008, is for Fiscal Year 2007-2008. 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 2017-2018: Taxing Participation Amount of Jurisdiction Per $100/Value Fiscal Year 2016-2017 Increment Town of Prosper (70%) $ 0.520000 $ 132,016 Collin County (50%) $ 0.192246 $ 34,862 Total $ 0.712246 $ 166,878 B. Amount of tax increment received in 2018 from the municipality and the other taxing jurisdictions based on 2017 valuations: $ 166,878. Prosper TIRZ # l Annual Report 2018 -23- TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 ANNUAL FINANCIAL REPORT C. Expected appraised value shared by the municipality and other participating taxing jurisdictions to be received in Fiscal Year 2018-2019: Taxing Participation Amount of Jurisdiction Per $100/Value Fiscal Year 2017-2018 Increment Town of Prosper (70%) $ 0.520000 $ 290,232 Collin County (50%) $ 0.180785 $ 72,074 Total $ 0.700785 $ 362,306 D. Other information: None Prosper TIRZ #1 Annual Report 2018 -24- TIRZ 1 - Item 4 jBregiunjug Balance: Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 TIRZ FUND FINANCIAL STATEMENT 10/112017 xeveuues: Property Tax: Town Delinquent County Property Rollback Taxes Sales Tax Impact Fees: Water Impact Fees Wastewater Impact Fees Tboroughfare Impact Fees 330 Construction Sales Office Iffierest TOTAL REVENUES Land Purchases Professional Senices Canstniction Improvements: MDB Sever Richland 8e Lovers Gates Phase 1 Gates Phase 2 Lovers Lane SH289 Xledian Openings Interest Expense TOTAL EX]PENDrrUTRES Ending Balance: CAPITAL DEBT PROJECTS SERNICE TOTAL S 187,499 S - S 197,4991 $ 132,016 $ 34,8862 387,963 215,492 50,664 1,126,470 5,333 S 1,952,797 S 427,796 1,141,718 ?77,231 S 1,846,745 S 1s S $ 132,016 34,862 387,963 - 215,492 50,660 - 1,126,470 5,333 S L "- 2,797 427,796 1,141,718 277,231 S 1,946,745 S - S 293,5521 Prosper TIRZ #1 Annual Report 2018 -25- TIRZ 1 - Item 4 Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 TIKJ i rrnpc'rtLj T-1x Kollk��.k TIRZ I oismd AgnctAtural Land - Exempl Pnlptt}as - ProperhesNolAppkcableloRoNbackTax - Rollback Taxes Collected Prosper TIRZ #1 Annual Report 2019 -26- Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 TIRZ #1 STATUS �rrr -It, TIRZ #1 M Z. 'R Experted CampleGatr,' . 5un+mer 2020 1 TIRZ #1 Status Complete �r Under ConsUuction UndevelopedWOE �I TIRZ 1 - Item 4 Lai IF.%. Prosper TIRZ #1 Annual Report 2018 -27- Town of Prosper, Texas TIRZ 1 - Item 4 Tax Increment Reinvestment Zone #1 As of September 30, 2018 REVENUES & EXPENDITURES ROLLBACK TAX REVENUE Collin County Collin Collage prosper IS❑ Town of Prosper Total 2010 26,367.06 9,481.15 179,076.09 57,128.58 272,052.88 2011 25,008.06 8,992.48 174,014.48 54,184.15 262,199.17 2012 23,633.32 8,498.06 164,448.53 51,205.53 247,785.44 2013 21,708.96 7,645-48 152,648.25 47,531.19 229,533.88 2014 25,225-28 8,797-72 179,260.51 55,817.65 269,101.16 TOTAL BY ENTITY 121,942.68 43,414.89 849,447.86 265,867.10 1,280,672.53 'k *Collected and reported in FY17 Financial Report Rollback Tax Revenue 300,000.00 250,000.00 200,000.00 150,000.00 100,000.00 50,000.00 0.00 2010 2011 2012 2013 2014 ■ Collin County ■ Collin College : Prosper ISD 0 Town of Prosper ■ Total Prosper TIRZ #1 Annual Report 2018 _28_ Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2018 PROPERTY TAX REVENUE TIRZ 1 - Item 4 Property Taxes (Town)-70% Date F31 Appraised Value Less Base Value Tax Rate Amount TIRZ Total 6/2018 1 40,776,072 4,507,850 1 0.520000 188,595 132,016 Property Taxes (County)-50% Date Appraised Value Less Base Value Tax Rate Amount TIRZ Total 3/6/2018 40,776,072 4,507,850 0.192246 69,724 34,862 45,000,000 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 Prosper ISD Date Appraised Value Tax Rate Total 3/6/2018 40,776,072 1 1.670000 680,960 *Prosper ISD tax revenue is not reported to TIRZ—information only Appraised Value 2014 Property Tax Revenue 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 _J 2014 2015 2016 2017 2018 2015 2016 2017 2018 Town County PISD Total Prosper TIRZ #1 Annual Report 2018 -29- Town of Prosper, Texas TIRZ 1 - Item 4 Tax Increment Reinvestment Zone #1 As of September 30, 2018 REVENUES & EXPENDITURES IMPACT FEES REVENUE WATER Hate Address Subdivision AmountPaid 11!1.2017 921 S PRESTON S12,4- 90.00 3,29;2018 1091 S PRESTON RD GATES OF PROSPER Lot 2 Blk B S11,462_00 331,2018 500 RICHL AND BLVD GATES OF PROSPER I Lot 3 ELl_ A S50,7 00-1D0 5,'31;2018 510 RICHLkVD BL%rD $12,480,00 5,31,2018 921 S PRESTON RD S137.280-00 5.11,2018 700 RICHL-VD BLVD GATES OF PROSPER PHASE 1 (CPR) Lot 4 BLL- A S12,480,00 5,31, 2019 750 RICK -ND BLVD GATES OF PROSPER Lot 4 Bik A S 12,4S0-00 3 t31;2019 1081 S PRESTON RD THE GATES OF PROSPER Lot 4 Blk B $16380M 5312018 1101 S PRESTON RD S12,480-00 5.31.2018, till S PR£5TONI RD GATES OF PROSPER PH I Lot 1 Elk B $12,490-00 1-31,2018. 1141 S PRESTON GATES Or PROSPER PHASE 1 (CPR) Lot 2R B& A $12,480-00 5.+31,2018 1151 S PRESTON. GATES. OF PROSPER PHASE I (CPR) Lot 2R BtL- A 512,480,00 5,312018 1211 S PRESTON RD S163so-00 9,48r2018 5S•1 RICHLkNDBL',V $9,030-00 Total P-15,492.00 WASTEWATER Date Address SubdkiOm Amount Paid 1114,2017 921 S PRESTON S2,186-00 1'2 9�2018 1091 S PRESTON RD GATES OF PROSPER Lot 2 M- B $5;f44-00 531,2018 500 RICIUAND BLVD GATES OF PROSPER I Lo: 3 B& A S6,147-00 5,31i2018 510RICHLkNDBLVD S2,186.00 131,2018 921 S PRESTON RD S :1, 46-00 53L2018 ?00 MIL NI) BLVD GATES. OF PROSPER PKASE 1 (CPR) Lot A ELL- A S2,18G-00 5.3-M018 750 RICHL ND BLVD GATES OF PROSPER Lot -1 Blk A $2,186.00 5312018. 1081 S PRESTON RD THE GATES OF PROSPER Lot 4 Blk B S2,18&00 5,31,201E 1101 S PRESTON RI) S2,136-00 31,2018 1111 S PRESTON RD GATES OF PROSPER PH 1 Lot 1 Blk B $2,1MOO 3i31i2018 1141 S FRESTON GATES OF PROSPER PHASE i (CPR) Lot 2R Blk- A S2,186.00 531,2018 1151 S PRESTON GATES OF PROSPER HlASE I (CPR) Lot 2R Blk A S2,18b_00 531,2018 1211 S PRESTON RD S2,186.00 94V2018. 1581 RICHL.ANDBL4'D 512,226-00 Total S50.b60.00 Prosper TIRZ 41 Annual Report 2018 -30- Town of Prosper, Texas TIRZ 1 - Item 4 Tax Increment Reinvestment Zone #1 As o_f_Septemher 30. 2018 EAST THOROUGHFARE Date :Address Subdivision Amount Paid 1112017 921 S PRESTON $120,74637 215,2018 341 S PRESTON RD S3,304.56 2.19�2018 371 S PRESTON RD S13,501.25 311 29 20118 1091 S PRESTON RD GATES OF PROSPER Lot 2 BIk B 5174,734.20 5;31.2013 500 RICHL ADD BLVD GATES OF PROSPER 1 Lot 3 Bik a; S464,777-51 531201S• 510 RICHLkND BLVD $47,520-00 531;2018 921 S PRESTON RD S391.299-07 531,2018 7CO RICH ND BLVD GATES Or PROSPER PKASE 1 £CPR} Lot 4 Bik 3 $215,DM-96 5i31:12018 750 RICHL AST} BLVD GATES OF PROSPER Lot 4 B1k A S54,247.20 531 MS, 1081 S PRESTON RD THE GATES OF PROSPER Lot 4 ft B S18,692.14 531-2013 1101 S PRESTON RD 522,711-50 5.131..'21018 1111 S PRESTON RD GATES OF PROSPER PHI Lot 1 BIk B S20,079.50 5,31,2018 1141 S PRESTON GATES OF PROSPER PHASE 1 (CPR) Lot 2R Btk A 522,205A2 5,31.2013 1151 S PRESTON GATES Or PROSPER PHASE 1 (CPR) Lot 2R B1k A 524,8.37-42 5. 31.1013 1211 S PRESTON RD S22,927.30 9,4&2018 581 RICHLAND BLVD S166,224.41 Total $1,126,470.76 Grand Total g1,392.627 76 Prosper TIRZ #1 Annual Report 2018 -31- Town of Prosper, Texas TIRZ 1 - Item 4 Tax Increment Reinvestment Zone #1 As of September 30, 2018 REVENUES & TIRZ EXPENDITURES PAYMENT SUMMARIES By Project: TIRZ 1 Totals M08 Sewer Richland & Lavers Gates Phase 1 Gates Phase 2 Lovers Lane 'ISH289 Median Openinp 'Interest IT Amount 5,802,881.59 345,756.41 4,729,042.81 30,075.20 3,355.75 335,233.80 660,323.89 11,906,669.45 Paid 490,780.78 213,294.92 1,319,762.19 3,355.75 335,233.80 660,323.89 3,022,751.33 Remainin' 5,312,100.81 132,461.49 3,409,280.62 30,075.20 - - 9,893,918.12 By Payment Request: MDB Sewer Richland 6 Lovers Gates Phase 1 Gates Phase 2 Lovers lane SH�M� n Interest Amount 3,636,320.41 139,196.42 - 335,233.80 125,066.73 4,235,817 36 Raknbrrwmaot al Totals Paid 490,780.79 139,196.42 - - - 335,233.80 125,066.73 1,090,277.73 Remaining 3,245,539.63 - - - - 3.245.539.63 ,Amount 2,127,917.68 47,549.09 545,17730 3,35535 - 231.203.04 2,955,202.86 Reimbursement e2 Totals Paid - 47,549.09 545,177.30 1 3,355.75 - 231,203.04 827,285.18 Remaining 2,127,917.68 - - - 2,1Z7,917.68 Amount 38,643.50 26.549.41 1.804.86636 9,000.00 - 304,054.12 2.183.113.39 Reimbursement 03 Totals Paid - 26,549.41 774.584.89 - - 304,054.12 1,105,198.42 Remaining 30,643,50 2,030,282.47 9,000.00 - 2,077,924.97 Amount - 132.461.49 2.378.999.15 21,075.20 - - 2.532.535.84 Reimbursement 84 Totals Paid - - - _ - Remaining - 132,461.49 2,378,999.15 21,075.20 - - 2,532,535.84 By Payments Made: Total purges 2-May-2017 23-Aug-2017 12-Jun-2018 24Sep-2018 2029 2020 2021 Remaining Balanu 'Total Payment 540.164.00 635,822.57 1,655,711.08 191,033.68 - - - 3.022.751.33 Interest 660,323.89 381,214.17 1,878.37 277,231.35 - - Construction Costs 11,246,345.56 158,969.83 633,944.20 1,378,479.73 191,033.68 - - - S,8S3,918.12 Prosper TIRZ #1 Annual Report 2018 -32-