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01.23.2024 TIRZ No. 1 Agenda PacketPage 1 of 2 ] Welcome to the Prosper TIRZ No. 1 Board of Directors Meeting. Addressing the TIRZ No. 1 Board of Directors: Those wishing to address the Board must complete the Public Comment Request Form located on the Town website or in Council Chambers. You may submit this form to the Town Secretary or the person recording the minutes for the Board/Commission prior to the meeting. When called upon, please come to the podium, and state your name and address for the record. In compliance with the Texas Open Meetings Act, the Town Council/Board/Commission may not deliberate or vote on any matter that does not appear on the agenda. The Council/Board/Commission, however, may provide statements of fact regarding the topic, request the topic be included as part of a future meeting, and/or refer the topic to Town staff for further assistance. Citizens and other visitors attending the meeting shall observe the same rules of propriety, decorum, and good conduct applicable to members of the Town Council. Any person making personal, impertinent, profane or slanderous remarks or who becomes boisterous while addressing the Board or while attending the meeting shall be removed from the room, if so directed by the Mayor or presiding officer, and the person shall be barred from further audience before the Board during that session of the meeting. Disruption of a public meeting could constitute a violation of Section 42.05 of the Texas Penal Code. Call to Order/ Roll Call. Items for Individual Consideration: 1. Consider and act upon the minutes of the January 24, 2023, TIRZ No. 1 Board of Directors meeting. (MLS) 2. Receive the 2023 Annual Report. (CL/HW) Adjourn. CERTIFICATION I, the undersigned authority, do hereby certify that this Notice of Meeting was posted at Prosper Town Hall, located at 250 W. First Street, Prosper, Texas 75078, a place convenient and readily accessible to the general public at all times, and said Notice was posted by 5:00 p.m., on Friday, January 19, 2024, and remained so posted at least 72 hours before said meeting was convened. ________________________________ _________________________ Michelle Lewis Sirianni, Town Secretary Date Notice Removed Pursuant to Section 551.071 of the Texas Government Code, the Town Council reserves the right to consult in closed session with its attorney and to receive legal advice regarding any item listed on this agenda. Agenda Prosper TIRZ No. 1 Board of Directors Meeting Prosper Town Hall – Council Chambers 250 W. First Street, Prosper, Texas Tuesday, January 23, 2024 5:30 PM Page 1 Page 2 of 2 NOTICE Pursuant to Town of Prosper Ordinance No. 13-63, all speakers other than Town of Prosper staff are limited to three (3) minutes per person, per item, which may be extended for an additional two (2) minutes with approval of a majority vote of the Town Council. NOTICE OF ASSISTANCE AT PUBLIC MEETINGS: The Prosper Town Council meetings are wheelchair accessible. For special services or assistance, please contact the Town Secretary’s Office at (972) 569 - 1011 at least 48 hours prior to the meeting time. Page 2 Page 1 of 2 ] Call to Order/ Roll Call. The meeting was called to order at 6:00 p.m. Board Members Present: Mayor David F. Bristol Mayor Pro-Tem Jeff Hodges Deputy Mayor Pro-Tem Craig Andres Councilmember Marcus E. Ray Councilmember Amy Bartley Councilmember Chris Kern Councilmember Charles Cotten Ray Smith, Prosper Economic Development Corporation Commissioner Susan Fletcher, Collin County Commissioners Court Staff Members Present: Bob Scott, Interim Town Manager Terry Welch, Town Attorney Michelle Lewis Sirianni, Town Secretary Robyn Battle, Executive Director Chris Landrum, Finance Director Chuck Ewings, Assistant Town Manager Hulon Webb, Engineering Services Director Leigh Johnson, IT Director Dan Baker, Director of Parks and Recreation Brady Cudd, Building Official Mary Branch, Health and Code Manager Doug Kowalski, Police Chief Stuart Blasingame, Fire Chief Bryan Ausenbaugh, Fire Marshal 1. Consider and act upon the minutes from the April 12, 2022, TIRZ No. 1 Board of Directors meeting. (MLS) Commissioner Fletcher made a motion to approve the minutes of the April 12, 2022, TIRZ No. 1 Board of Directors meeting. Mr. Smith seconded that motion, and the motion was unanimously approved. 2. Receive the 2022 Annual Report. (CL/HW) Mr. Webb reviewed the boundary of TIRZ No. 1 and businesses that received their Certificate of Occupancy (CO) before and after the reporting period from October 1, 2021 to September 30, 2022. He noted the total reimbursement request is $2,651,073.34 with the 3.5% interest being $591,877.82 and a total billed to date being $31,157,936.09. Minutes Town of Prosper TIRZ No. 1 Board of Directors Meeting Prosper Town Hall, Council Chambers 250 W. First Street, Prosper, Texas Tuesday, January 24, 2023 Page 3 Item 1. Page 2 of 2 Mr. Landrum provided an overview of the total revenues and expenditures received during the reporting period by payments made, and captured the appraised value retained for the 2021 and 2022 tax years. Deputy Mayor Pro-Tem Andres inquired about the frequency of payments made. Mr. Landrum replied that payments are currently made annually; however, there are no restrictions on how often payments are made. Councilmember Cotten expressed his desire to have the payments made quarterly. Adjourn. The meeting was adjourned at 6:23 p.m. These minutes approved on the 23rd day of January, 2024. APPROVED: David F. Bristol, Mayor ATTEST: Michelle Lewis Sirianni, Town Secretary Page 4 Item 1. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -1- Town of Prosper, Texas Tax Increment Reinvestment Zone #1 (TIRZ #1) ANNUAL REPORT 2023 Page 5 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -2- 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 Financial 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 Page 6 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -3- 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. The fourth annual TIRZ Board of Directors meeting was held on January 22, 2019. The fifth annual TIRZ Board of Directors meeting was held on January 28, 2020. The sixth annual TIRZ Board of Directors meeting was held on January 26, 2021. The seventh annual TIRZ Board of Directors meeting was held on January 25, 2022. The eighth annual TIRZ Board of Directors meeting was held on January 24, 2023. This is the nineth year that the board has reviewed the annual report. Board members appointed and currently serving are: Town—Mayor David Bristol, Mayor Pro-Tem Craig Andres, Deputy Mayor Pro-Tem Marcus E. Ray, and Councilmembers Amy Bartley, Chris Kern, Jeff Hodges, and Charles Cotten. Collin County – County Commissioner Susan Fletcher. Prosper Economic Development Corporation – Ray Smith. During this reporting period, the following buildings received Certificate of Occupancy, in addition to the leasing office for the multi-family: Business Name Address Area CO Issued Date The Joint Chiropractor 750 Richland Boulevard, Suite 70 1,360 12/19/2022 Sephora 1070 S Preston Road, Suite 60 4,241 12/22/2022 Urgent Vet 900 S Preston Road, Suite 80 2,325 1/24/2023 Runway Fashion Haus 960 S Preston Road, Suite 20 3,903 3/3/2023 Specs Wine 950 S Preston Road 12,648 7/31/2023 Love Sac 1110 S Preston Road, Suite 20 2,054 8/3/2023 Journey’s 911 S Preston Road 2,161 8/9/2023 Fish City Grill 1150 S Preston Road, Suite 10 3,176 9/19/2023 Page 7 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -4- Page 8 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -5- PUBLIC INFRASTRUCTURE / BUILDING PROJECTS Page 9 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -6- Page 10 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -7- ORIGINAL THOROUGHFARE PLAN Page 11 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -8- AMENDED THOROUGHFARE PLAN – 04/12/2022 Page 12 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -9- WASTEWATER PLAN Page 13 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -10- OFF-SITE WASTEWATER PLAN Page 14 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -11- WATER PLAN Page 15 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -12- DRAINAGE PLAN Page 16 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -13- ELECTRIC DUCT BANK PLAN Page 17 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -14- MISC. IMPROVEMENTS PLAN Page 18 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -15- PHASING EXHIBIT Page 19 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -16- PUBLIC INFRASTRUCTURE/BUILDING PROJECTS Page 20 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -17- Page 21 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -18- Page 22 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -19- Page 23 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -20- Page 24 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -21- Page 25 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -22- CAPITAL IMPROVEMENT PLAN BUDGET Reimbursement Request No. 9 - June 1, 2023 Payee Project Purpose Amount Superscapes Multi-Family Landscape Medians Lovers & Richland $124,823.08 Superscapes Gates Phase 3 Landscape – Gateway (Coleman) and Marketplace (Link) Roads $469,660.37 Mario Sinacola & Sons Gates Phase 3 Roads, Det. and Wtr - Marketplace, Gates Pkwy and Commerce $6,509,654.36 Mario Sinacola & Sons Multi-Family Grading, Paving Public Roads Lovers Richland Gateway $1,927,825.89 Texas Select Erosion Multi-Family Erosion Control $29,355.00 Mission Site Services Gates Phase 3 Armos Gas main realignment for new thoroughfare $181,768.10 ATT Gates Phase 3 Transmission (Emergency) ATT data duct bank realignment $1,143,417.46 Cardinal Strategies Multi-Family SWPPP Inspections $4,575.00 Wright Construction Multi-Family Water Sewer Storm – Lover Richland Gateway $273,901.90 Rone Engineering Gates Phase 3 Testing Services – Gateway (Coleman) and Marketplace (Link) Roads $35,231.12 Rone Engineering Multi-Family Third Party Inspection Lover, Richland, Gateway $14,950.13 HLM Construction Mgmt. Gates Phase 3 BSL contracted construction mgmt. Services for TIRZ $261,984.00 Kimley Horn- Landscape Gates Phase 3 Gateway (Coleman) and Marketplace (Link) Roads $3,702.97 Kimley Horn- Civil Design Gates Phase 3 Gateway (Coleman) and Marketplace (Link) Roads $41,683.83 Kimley Horn- Infrastructure Multi-Family Civil Design Lover, Richland, Gateway $9,311.05 Total Reimbursement Request No. 9 $11,031,844.26 Interest 3.5% $564,600.78 Total Due Reimbursement No. 9 $11,596,445.04 Reimbursement No. 1 FY15 $4,110,750.63 Reimbursement No. 2 FY16 $2,867,876.09 Reimbursement No. 3 FY17 $2,118,275.54 Reimbursement No. 4 FY18 $2,809,767.19 Reimbursement No. 5 FY19 $3,125,024.60 Reimbursement No. 6 FY20 $7,580,390.40 Reimbursement No. 7 FY21 $5,302,900.48 Reimbursement No. 8 FY22 $3,242,951.16 Total Billed To Date $42,754,381.13 Page 26 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -23- 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: $ 3,199,990 Total Revenue 2. Amount and purpose of expenditures from the fund: $ 3,607,318 Total Expenditures 3. Amount of Principal and Interest due on outstanding indebtedness is as follows: A. Contributions /Advances from developers— $24,120,578.15 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 2022: Taxing Jurisdiction Net Taxable Value Tax Year 2022 Base Year* Value (with AG) Jan. 1, 2008 Captured App. Value Fiscal Year 2022-2023 Town of Prosper $231,419,868 $4,507,850 $226,912,018 Collin County $231,419,868 $4,507,850 $226,912,018 B. Tax Increment base and expected captured appraised value for Tax Year 2023: Taxing Jurisdiction Net Taxable Value Tax Year 2023 Base Year* Value (with AG) Jan. 1, 2008 Captured App. Value Fiscal Year 2023-2024 Town of Prosper $314,920,655 $4,507,850 $310,412,805 Collin County $314,920,655 $4,507,850 $310,412,805 * 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 2022-2023: Taxing Jurisdiction Participation Per $100/Value Amount of Fiscal Year 2022-2023 Increment Town of Prosper (70%) $ 0.510000 $ 810,076 Collin County (50%) $ 0.152443 $ 172,956 Total $ 983,032 B. Amount of tax increment received in 2023 from the municipality and the other taxing jurisdictions based on Tax Year 2022 valuations: $ 983,032. Page 27 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -24- ANNUAL FINANCIAL REPORT C. Expected appraised value shared by the municipality and other participating taxing jurisdictions to be received in Fiscal Year 2023-2024: Taxing Jurisdiction Participation Per $100/Value Amount of Fiscal Year 2023-2024 Increment Town of Prosper (70%) $ 0.510000 $ 1,108,174 Collin County (50%) $ 0.149343 $ 231,790 Total $ 1,339,964 D. Other information: None Page 28 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -25- TIRZ FUND FINANCIAL STATEMENT CAPITAL DEBT PROJECTS SERVICE TOTAL Beginning Balance: 10/01/22 $ 1,392,520 $ - $ 1,392,520 Revenues: Property Tax: Town $ 810,076 $ - $ 810,076 Delinquent - - - County 172,956 - 172,956 Property Rollback Taxes - - - Sales Tax 1,683,814 - 1,683,814 Impact Fees: Water Impact Fees 12,226 - 12,226 Wastewater Impact Fees 382,900 - 382,900 Thoroughfare Impact Fees 62,607 - 62,607 380 Construction Sales Office - - - Interest 75,412 - 75,412 TOTAL REVENUES $ 3,199,990 $ - $ 3,199,990 Expenditures: Land Purchases $ - $ - $ - Professional Services - - - Construction/Improvements: MDB Sewer 456,060 - 456,060 Richland & Lovers - - - Gates Phase 1 - - - Gates Phase 2 2,537,097 - 2,537,097 Lovers Lane - - - SH289 Median Openings - - - Multi-family Infrastructure 49,560 Interest Expense 564,601 - 564,601 TOTAL EXPENDITURES $ 3,607,318 $ - $ 3,607,318 Ending Balance: 09/30/23 $ 985,193 $ - $ 985,193 Page 29 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -26- Page 30 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -27- TIRZ #1 STATUS Page 31 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -28- REVENUES & EXPENDITURES ROLLBACK TAX REVENUE Collected in Fiscal Year 2017 Page 32 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -29- REVENUES & EXPENDITURES ROLLBACK TAX REVENUE Collected in Fiscal Year 2019 Collin County Collin College Prosper ISD Town of Prosper Total 2013 3,797.76 1,337.50 26,704.27 8,315.10 40,154.63 2014 3,563.16 1,242.71 25,321.12 7,884.42 38,011.41 2015 4,147.60 1,510.83 30,784.42 9,585.57 46,028.42 2016 3,618.79 1,410.42 28,999.65 9,029.84 43,058.70 2017 3,481.92 1,445.51 30,246.73 9,418.14 44,592.30 TOTAL BY ENTITY 18,609.23 6,946.97 142,056.19 44,233.07 211,845.46 Page 33 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -30- REVENUES & EXPENDITURES ROLLBACK TAX REVENUE Collected in Fiscal Year 2020 Collin County Collin College Prosper ISD Town of Prosper Total 2014 2,321.47 809.65 16,497.27 5,136.88 24,765.27 2015 2,102.91 766.02 15,608.31 4,860.08 23,337.32 2016 2,204.35 859.15 17,664.79 5,500.41 26,228.70 2017 2,548.35 1,057.94 22,137.02 6,892.96 32,636.27 2018 2,242.24 1,007.38 20,712.67 6,449.45 30,411.74 TOTAL BY ENTITY 11,419.32 4,500.14 92,620.06 28,839.78 137,379.30 Page 34 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -31- REVENUES & EXPENDITURES PROPERTY TAX REVENUE Property Taxes (Town)-70% Date Appraised Value Less Base Value Tax Rate Amount TIRZ Total 2/4/2023 231,419,868 4,507,850 0.51 1,157,251 810,076 *Prosper ISD tax revenue is not remitted to TIRZ—information only Property Taxes (County)-50% Date Appraised Value Less Base Value Tax Rate Amount TIRZ Total 2/4/2023 231,419,868 4,507,850 0.152443 345,911 172,956 Prosper ISD Date Appraised Value Tax Rate Total 2/4/2023 231,419,868 1.4429 3,339,157 Page 35 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -32- REVENUES & EXPENDITURES THOROUGHFARE IMPACT FEES Project Permit Number Site Address Amount Paid Date Gates of Prosper COM-23-0038 860 S PRESTON RD $62,607.00 2/22/2023 Total $62,607.00 WATER IMPACT FEES Project Permit Number Site Address Amount Paid Date Gates of Prosper COM-23-0038 860 S PRESTON RD $12,226.00 9/22/2023 Total $12,226.00 WASTEWATER IMPACT FEES Project Permit Number Site Address Amount Paid Date STAR TRAIL #1A (CPR) H22-0719 910 SHOOTING STAR DR $683.00 10/14/2022 STAR TRAIL #6 (CPR) H22-0346 680 EDGEWOOD LN $2,822.00 10/28/2022 STAR TRAIL #6 (CPR) H22-0495 660 EDGEWOOD LN $2,822.00 10/28/2022 STAR TRAIL #9 (CPR) H22-0657 101 TENNYSON TRL $2,822.00 11/8/2022 STAR TRAIL #6 (CPR) H22-0776 611 GLENDOVER DR $2,822.00 11/8/2022 STAR TRAIL PHASE #7 (CPR) H22-0342 2360 ROLLING VISTA LN $2,822.00 11/9/2022 STAR TRAIL #8 (CPR) H22-0182 2380 SHADY HILL DR $2,822.00 11/18/2022 STAR TRAIL #9 (CPR) H22-0658 191 SOUTHERN HILLS DR $2,822.00 11/18/2022 STAR TRAIL #9 (CPR) H22-0678 1870 ABERDEEN LN $2,822.00 11/18/2022 STAR TRAIL PHASE EIGHT (CPR) H22-0771 2251 SHADY HILL DR $2,822.00 12/15/2022 STAR TRAIL #8 (CPR) H22-0845 2201 SHADY HILL DR $2,822.00 12/21/2022 STAR TRAIL #8 (CPR) H22-0846 2211 SHADY HILL DR $2,822.00 12/21/2022 STAR TRAIL #9 (CPR) H22-0518 181 SOUTHERN HILLS DR $2,822.00 12/27/2022 Page 36 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -33- Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0007 2280 WHITE OAK WAY $2,822.00 1/18/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-22-0021 2240 WHITE OAK WAY $2,822.00 1/19/2023 START TRAIL #9 (CPR) H22-0517 160 MIRAMAR DR $2,822.00 2/6/2023 STAR TRAIL #9 (CPR) H22-0861 101 SOUTHERN HILLS DR $2,822.00 2/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0038 1890 ABERDEEN LN $2,822.00 2/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-22-0014 111 CLOVERFIELD TRL $2,822.00 2/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-22-0013 171 TENNYSON TRL $2,822.00 2/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0046 2360 FALLSVIEW CT $2,822.00 2/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0047 2231 SHADY HILL DR $2,822.00 2/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0103 200 MIRAMAR DR $2,822.00 2/24/2023 STAR TRAIL 1A (CPR) H22-0834 900 SHOOTING STAR DR $683.00 3/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0135 121 ROSE DALE CT $2,822.00 3/7/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0108 141 ROSE DALE CT $2,822.00 3/9/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-22-0020 2160 WHITE OAK WAY $2,822.00 3/10/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0117 110 TENNYSON TRL $2,822.00 3/10/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0120 2080 MOSSWOOD WAY $2,822.00 3/10/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0138 190 SOUTHERN HILLS DR $2,822.00 3/14/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0159 2221 SHADY HILL DR $2,822.00 3/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0146 2301 SHADY HILL DR $2,822.00 3/17/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0165 2360 SHADY HILL DR $2,822.00 3/17/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0170 190 ROSE DALE CT $2,822.00 3/17/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0194 131 TENNYSON TRL $2,822.00 3/31/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0175 1930 ABERDEEN LN $2,822.00 4/4/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0209 200 ROSEDALE CT $2,822.00 4/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0225 111 SOUTHERN HILLS DR $2,822.00 4/14/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0211 180 CLOVERFIELD TRL $2,822.00 4/17/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0226 2340 FALLSVIEW CT $2,822.00 4/17/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0236 120 CRESTOVER CT $2,822.00 4/17/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0235 2221 WHITE OAK WAY $2,822.00 4/17/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0234 110 ROSEDALE CT $2,822.00 4/27/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0252 201 MIRAMAR DR $2,822.00 5/3/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0166 171 SOUTHERN HILLS DR $2,822.00 5/3/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0224 190 TENNYSON TRL $2,822.00 5/5/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0149 2260 WHITE OAK WAY $2,822.00 5/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0253 2261 WHITE OAK WAY $2,822.00 5/12/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0279 2351 WHITE OAK WAY $2,822.00 5/12/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0340 2320 WHITE OAK WAY $2,822.00 5/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0285 100 MIRAMAR DR $2,822.00 5/23/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0280 2320 FALLSVIEW CT $2,822.00 5/23/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0338 2361 SHADY HILL DR $2,822.00 5/23/2023 Page 37 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -34- Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0308 2421 SHADY TRL $2,822.00 6/2/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0346 2561 FORESTBROOK DR $2,822.00 6/2/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0295 2411 SHADY TRL $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0323 2511 WHITEWOOD DR $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0324 2420 CLIFFSIDE PL $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0300 2561 SHADY TRL $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0297 2510 FORESTBROOK DR $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0325 2520 SHADY TRL $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0296 2570 SHADY TRL $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0298 2500 WHITEWOOD DR $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0387 2540 FORESTBROOK DR $2,822.00 6/13/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0339 2220 SHADY HILL DR $2,822.00 6/13/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0331 2541 FORESTBROOK DR $2,822.00 6/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0333 2420 SHADY TRL $2,822.00 6/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0328 2410 WHITEWOOD DR $2,822.00 6/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0326 2541 SHADY TRL $2,822.00 6/16/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0349 2520 CLIFFSIDE PL $2,822.00 6/20/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0350 2571 SHADY TRL $2,822.00 6/20/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0351 2530 FORESTBROOK DR $2,822.00 6/20/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0348 2500 FORESTBROOK DR $2,822.00 6/20/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0440 2531 SHADY TRL $2,822.00 6/23/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0330 2501 FORESTBROOK DR $2,822.00 6/23/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0322 2540 WHITEWOOD DR $2,822.00 6/23/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0327 2440 WHITEWOOD DR $2,822.00 6/23/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0315 841 OVERLOOK DR $2,822.00 6/28/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0435 2411 WHITEWOOD DR $2,822.00 6/30/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0376 2340 WHITE OAK WAY $2,822.00 6/30/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0309 121 SOUTHERN HILLS DR $2,822.00 7/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0254 191 CLOVERFIELD TRL $2,822.00 7/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0415 2310 WHITE OAK WAY $2,822.00 7/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0464 2301 WHITE OAK WAY $2,822.00 7/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0458 2431 SHADY TRL $2,822.00 7/7/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0308 2421 SHADY TRL $2,822.00 6/2/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0346 2561 FORESTBROOK DR $2,822.00 6/2/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0295 2411 SHADY TRL $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0323 2511 WHITEWOOD DR $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0324 2420 CLIFFSIDE PL $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0300 2561 SHADY TRL $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0297 2510 FORESTBROOK DR $2,822.00 6/6/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0325 2520 SHADY TRL $2,822.00 6/6/2023 Page 38 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -35- Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0358 2510 SHADY TRL $2,822.00 7/7/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0433 2320 SHADY HILL DR $2,822.00 7/7/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0329 2411 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0321 2421 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0332 2551 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0299 2550 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0463 2441 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0445 2521 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0436 2550 SHADY TRL $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0417 2431 FORESTBROOK DR $2,822.00 7/21/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0432 2541 WHITEWOOD DR $2,822.00 7/21/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0421 2421 WHITEWOOD DR $2,822.00 7/21/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0522 2431 WHITEWOOD DR $2,822.00 7/21/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0495 2441 SHADY TRL $2,822.00 7/21/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0441 2521 SHADY TRL $2,822.00 7/21/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0507 2511 FORESTBROOK DR $2,822.00 7/21/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0319 2501 SHADY TRL $2,822.00 7/26/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0416 1901 ABERDEEN LN $2,822.00 8/2/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0544 2560 SHADY TRL $2,822.00 8/3/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0481 2560 FORESTBROOK DR $2,822.00 8/3/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0546 770 SAVANNAH RIDGE TRL $2,822.00 8/3/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0547 2501 WHITEWOOD DR $2,822.00 8/3/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0545 2420 FORESTBROOK DR $2,822.00 8/3/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0571 2400 WHITEWOOD DR $2,822.00 8/8/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0570 2531 WHITEWOOD DR $2,822.00 8/8/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0612 2410 FORESTBROOK DR $2,822.00 8/22/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0606 780 SAVANNHAH RDG $2,822.00 8/22/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0622 2531 FORESTBROOK DR $2,822.00 8/22/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0633 2510 CLIFFSIDE PL $2,822.00 8/25/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0580 2430 SHADY TRL $2,822.00 8/28/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0358 2510 SHADY TRL $2,822.00 7/7/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0433 2320 SHADY HILL DR $2,822.00 7/7/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0329 2411 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0321 2421 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0332 2551 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0299 2550 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0463 2441 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0445 2521 FORESTBROOK DR $2,822.00 7/11/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0436 2550 SHADY TRL $2,822.00 7/11/2023 Page 39 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -36- Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0417 2431 FORESTBROOK DR $2,822.00 7/21/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0603 2240 SHADY HILL DR $2,822.00 8/28/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0294 1931 ABERDEEN LN $2,822.00 8/29/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0645 2430 WHITEWOOD DR $2,822.00 9/1/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0648 2500 CLIFFSIDE PL $2,822.00 9/14/2023 Gates of Prosper COM-23-0038 860 S PRESTON RD $9,030.00 9/22/2023 Star Trail Phase 3, 4, 5, 6, 7, 8, & 9 RES-23-0690 2560 WHITEWOOD DR $2,822.00 9/26/2023 Star Trail Phase 3-11 RES-23-0712 2430 CLIFFSIDE PL $2,822.00 9/27/2023 Star Trail Phase 3-11 RES-23-0735 2180 SHADY HILL DR $2,822.00 9/28/2023 Star Trail Phase 3-11 RES-23-0729 2701 STARWOOD DR $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0721 2711 FOREST BND $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0717 2620 STARWOOD DR $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0722 231 HONEY LOCUST DR $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0719 2700 STARWOOD DR $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0720 2750 STARWOOD DR $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0718 2690 STARWOOD DR $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0716 2741 STARWOOD DR $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0714 2691 FOREST BND $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0713 2701 FOREST BND $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0697 2511 SHADY TRL $2,822.00 9/29/2023 Star Trail Phase 3-11 RES-23-0746 130 ROSE DALE CT $2,822.00 9/29/2023 Total $382,900.00 Grand Total $457,733.00 Page 40 Item 2. Town of Prosper, Texas Tax Increment Reinvestment Zone #1 As of September 30, 2023 Prosper TIRZ #1 Annual Report 2023 -37- REVENUES & EXPENDITURES PAYMENT SUMMARIES By Project: By Payment Request: By Payments Made: Page 41 Item 2.