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2019-0318 March 18 2019 Regular Meeting Agenda Packet
Monday, March 18, 2019 SI TROPHY CLUB MUNICIPAL UTILITY DISTRICT BOARD OF DIRECTORS REGULAR MEETING March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 100 MUNICIPAL DRIVE TROPHY CLUB, TEXAS 76262 6:30 P.M. Svore Municipal Boardroom REGULAR MEETING AGENDA CALL TO ORDER AND ANNOUNCE A QUORUM CITIZEN COMMENTS This is an opportunity for citizens to address the Board on any matter whether or not it is posted on the agenda. The Board is not permitted to take action on or discuss any comments made to the Board at this time concerning an item not listed on the agenda. The Board will hear comments on specific agenda items prior to the Board addressing those items. You may speak up to four (4) minutes or the time limit determined by the President or presiding officer. To speak during this item, you must complete the Speaker's form that includes the topic(s) of your statement. Citizen Comments should be limited to matters over which the Board has authority. CONSENT AGENDA All matters listed as Consent Agenda are considered to be routine by the Board of Directors and will be enacted by one motion. There will not be a separate discussion of these items. If discussion is desired, that item will be removed from the consent agenda and will be considered separately. 1. Consider and take appropriate action to approve the Consent Agenda. a. February 2019 Check Register b. February 18, 2019 Regular Meeting Minutes attachments: February 2019 Check Register February 18, 2019 Regular meeting minutes REGULAR SESSION 2. Consider and take appropriate action regarding approval of Compromise Settlement Agreement and Release providing for resolution of claims and disputes pertaining to alleged property damage at 1040 Trophy Club Drive. 3. Consider and take appropriate action regarding noise assessment performed near the wastewater treatment plant. (staff) attachments: Community Noise Assessment 4. Discussion and possible action regarding Winter Average Analysis completed by NewGen Strategies & Solutions. 1 of 256 March 18, 2019 Regular Meeting Agenda Packet 5. Consider and take appropriate action to adopt Rate Order No. 2019-0318A amending Section 2.02. Sewer Service Rates and set an effective date of April 1, 2019. attachment: redline Rate Order 2019-0318A 6. Consider and take appropriate action relating to issuance of $7,200,000 Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019: a. Receive report from Financial Advisor regarding Bids Received for Purchase of Bonds; b. Award the Sale of the Bonds; c. Adopt Order No. 2019-0318B Authorizing the Issuance of $7,200,000 Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019; Prescribing the Terms and Provisions Thereof; Making Provision for the Payment of the Interest Thereon and the Principal Thereof; Authorizing the Sale of the Bonds; Approving a Paying Agent/Registrar Agreement, Escrow Agreement and Preliminary Official Statement; and Containing Other Provisions Relating to the Subject; d. Approve Engagement of Special Tax Counsel for Sale of Bonds; e. Approve Payment of Attorney General Filing Fee; and f. Authorize the District's Officers and Directors, Financial Advisor, General Counsel and Bond Counsel to take other actions necessary, appropriate or convenient in connection with the sale of the Bonds, including, without limitation, executing appropriate documents in connection therewith. attachments: S&P Global Ratings Letter S&P Ratings Summary Order No. 2019-0318B Paying Agent Registrar Agreement Escrow Agreement Tax Counsel Engagement Letter 7. Receive report and presentation from CP&Y, Inc. (Project Engineer) relating to substantial completion of construction of the Wastewater Treatment Plant Improvements. 8. Consider and take appropriate action to adopt Resolution No. 2019-0318A Cash Reserve Policy. attachments: Resolution No. 2019-0318A Draft Cash Reserve Policy 9. Consider and take appropriate action regarding the February 2019 Combined Financials and Variance Report. a. Combined Financials 2 of 256 March 18, 2019 Regular Meeting Agenda Packet b. Combined Variance attachments: Combined Financials Combined Variance REPORTS & UPDATES 10. General Manager Monthly Reports and Update: a. Regulatory Update • Emergency Expenditure recap b. Capital Improvement Projects • Interconnect Water Transmission Line Phase 2 • Wastewater Treatment Plant Upgrade Project • High Service Pump c. System Repairs d. Fire Department Summary e. Water System Operations f. Wastewater System Operations g. Finance Update • Utility Billing Report • Permits Collected • Cash Report attachments: General Manager Report Water Operations Report Wastewater Operations Report Utility Billing Report Permits Collected Cash Report EXECUTIVE SESSION 11. Pursuant to Section 551.071 of the Texas Open Meetings Act, the Board may consult with its attorney in Executive Session on a matter in which the duty of the attorney to the Governmental Body under the Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Open Meetings Act or to seek advice of counsel on legal matters involving pending or contemplated litigation or settlement offers: a. Contractor breach, performance and payment issues related to District's contract with Webber- Cadagua Partners for construction of the Wastewater Treatment Plant Improvements; and b. Consultation with Legal Counsel regarding Legislation providing Authorization for Release of Lands from the District's corporate boundaries. 3 of 256 March 18, 2019 Regular Meeting Agenda Packet 12. Pursuant to Section 551.072 of the Texas Open Meetings Act, the Board may deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person: a. Sale or Exchange of District real property located at 100 Municipal Drive and 1501 Junction Way. b. Purchase of Easements required for construction and operation of Water Transmission Line Improvements from District Pump Station to Elevated Water Tank located on T.W. King Road REGULAR SESSION 13. Consider and take appropriate action on matters deliberated in Executive Session: 14. Items for future agendas: 15. Set future Meeting dates: Regular Board Meeting — Monday, April 22, 2019 at 6:30 p.m. attachments: April meeting calendar *THE BOARD RESERVES THE RIGHT TO ADJOURN INTO EXECUTIVE SESSION AT ANY TIME DURING THE MEETING PURSUANT TO THE APPLICABLE SECTION OF SUBCHAPTER D, CHAPTER 551, TEXAS GOVERNMENT CODE, THE TEXAS OPEN MEETINGS ACT, WITH RESPECT TO ANY ITEM ON THE AGENDA. NO FINAL ACTION, DECISION OR VOTE WILL BE TAKEN ON ANY SUBJECT OR MATTER IN EXECUTIVE SESSION. THIS NOTICE MODIFIES THE DISTRICT'S PRIOR PRACTICE OF SPECIFICALLY IDENTIFYING ALL AGENDA ITEMS TO BE DISCUSSED IN EXECUTIVE SESSION. ADJOURN 4 of 256 apackamt2 skrolczyk Begin Date: 02/01/2019 End Date: 02/28/2019 vennor vendor Name Nutter 2651 Conan Consulting LCC. 2651 Conan Consulting LLC. Totals for Check: 4983 3184 DAA LLC 3184 AATAPROSE LLC Totals for Check: 4984 1737 DPC INDUSTRIES, INC Totals for Check: 4985 2606 Fisery Solutions, LCC Totals for Check: 4986 Fran Amt: invoice Number Invoice Inv Dept account nt Date Stat Nb Ninber 18 02/04/19 P 18 02/04/19 P Trophy club MUD Nb.1 AP Checks For Date/Anoint Range .00 lb Amt: 99,999,999.99 Description 30 135-55070-030-000 Independent Labor 30 135-55070-030-000 Independent Labor D21900232 01/31/19 P 30 135-60035-030-000 Postage DP1900232 01/31/19 P 30 135-55205-030-000 Utility Billing Contract 767000300-19 01/21/19 P 91456226 01/31/19 P 01/31/19 P 01/31/19 P 01/29/19 P 01/28/19 P 01/26/19 P 01/21/19 P 2558 FIRST CHECK APPLICANT 9CYUBMO1 10420 Totals for Check: 4987 1372 HACH COMPANY 11320670 Totals for Check: 4988 1249 HCTIHER AND ASSOCIATES,/NC 7207 Totals for Check: 4989 2943 amoRGAN CHASE BANK NA 01282019 Tot,1q for Check: 4990 1468 L.H. CHANEY MATERIALS, INC. 157088 Totals for C'k: 4991 3168 LUBRICATION =INHERE, INC 1N385162 Totals for Check: 4992 3156 OlaCCffii LABORATORIES LCC 3156 OXIMR LABRA10R1SS IWC 7b1-a1q for Check: 4993 3134 Prime Controls, LP Totals for Check: 4994 10 135-65030-010-000 30 135-60040-030-000 30 135-50060-030-000 20 135-55135-020-000 20 135-55135-020-000 135-20060-000-000 20 135-55125-020-000 20 135-55085-020-000 19020052 02/04/19 P 20 135-55135-020-000 19020056 02/04/19 P 20 135-55135-020-000 SM 6005 01/25/19 P 20 135-55070-020-000 01/31/19 P 30 135-60025-030-000 466155 01/19/19 P 10 135-69281-010-000 U0036000507100A 01/31/19 P 135-20050-000-000 1000 TROPHY CLUB MUD (WATER PTU S) 1/31/2019 Totals for Check: 4995 2858 UTILITY SERVICE CO, INC. Totals for Check: 4996 998 ASHA24WOCCS HOMES Totals for Check: 4997 Chemicals Service Charges & Fees Pre-emp Physicals/Testing Lab Analysis Lab Analysis Procurement Clearing Dater Services Generator Maint. and Repair Lab Analysis Lab Analysis Indmendent Labor Water Water Tank Inspection Contract A/P Vendors 5 of 256 °MVP 18142@49 Regular Meeting Agenda Pam Line Item C31em (neck Value Number tate 111.73 4983 02/06/19 13,120.00 4983 02/06/19 13,231.73 1,610.02 4984 02/06/19 579.59 4984 02/06/19 2,189.61 893.45 4985 02/06/19 50.00 4986 02/06/19 103.95 4987 02/06/19 644.02 4988 02/06/19 1,080.00 4989 02/06/19 5,365.49 4990 02/06/19 845.00 4991 02/06/19 176.31 4992 02/06/19 893.45 50.00 103,95 644.02 1,080.00 5,365.49 845.00 176.31 317.40 4993 02/06/19 230.00 4993 02/06/19 547,40 891.00 4994 02/06/19 107.71 4995 02/06/19 41,944.38 4996 02/06/19 54.41 4997 02/06/19 891.00 107.71 41,944.38 54.41 1 apackamt2 skrolczyk Begin Date: 02/01/2019 End Date: 02/28/2019 Vendor VHKbr Name Mathes 998 ASEIIOli WOCAS HOMES Totals for Check: 4998 998 BERGS, JFSr.TP Totals for Check: 4999 998 BURTON, ALLI90N M Totals for Check: 5000 998 DREES CTJSICII BCMES Totals far Check: 5001 998 DREES aJSitt+t HOMES Totals for Check: 5002 998 DREES CUSItK MUSS Totals for Check: 5003 998 JOHNSON, MICIJAEI, W Totals for Check: 5004 998 OPEN HOUSE TEAS Totals for Check: 5005 998 REIGHARD, GARY Totals for Check: 5006 998 TAN, CAAN Totals for Check: 5007 2704 Alliance Fence Cbtpany Totals for Check: 5008 2683 Charter Cacmmications Totals far Check: 5009 3193 CXJNi9UPAY, INC. Totals far Check: 5010 3080 3080 3080 Totals CP&Y/14ALLACE GROUP, U. CP&Y/wALIACE GROUP, INC. CP&Y/VALIACE camp, INC. for Check: 5011 2653 Dubois Bryant Campbell LLP Totals for Check: 5012 Fran Amt: Invoke Number Invoice IRV Dept Account Date Stat No Narber 00036010654100A 01/31/19 P U0010050372107A 01/31/19 P U0020000956203A 01/31/19 P U0017000023100A 01/31/19 P U0017000026100A 01/31/19 P U0017000124100A 01/31/19 P U0020001080213A 01/31/19 P U0010050364108A 01/31/19 P U0010190006105A 01/31/19 P U0010180002106A 01/31/19 P 1507 71672012619 PR00659 01/31/19 P 01/26/19 P 996 02/08/19 P 1O J1600916.8-1 01/31/19 P TCM01600916.9-2 02/09/19 P WALd.9923000-36 02/09/19 P 97322 02/13/19 P 135-20050-000-000 135-20050-000-000 135-20050-000-000 135-20050-000-000 135-20050-000-000 135-20050-000-000 135-20050-000-000 135-20050-000-000 135-20050-000-000 135-20050-000-000 10 135-69005-010-000 30 135-55030-030-000 135-21313-000-000 20 135-69005-020-000 20 135-55080-020-000 20 135-69005-020-000 20 135-69005-020-000 Trophy Club MID No.1 AP Checks Far Date/Amount Range .00 Tb Amt: 99,999,999.99 Description A/P Vectors A/P Veers A/P Vendors A/P Vendors A/P 'Vendors A/P Veadidas A/P Vendors A/P Vecxkirs A/P Vexiors A/P Vendors Capital Outlays Softvare & Support Cafe 125 -Medical Reiab Capital Outlays Maintenance & Repairs capital Outlays Capital Outlays 6 of 256 034144 19;423' 9 Regular Meeting Agenda Pa/Mfg 2 Lane item treat (-eCK Value Number Date 09.73 4998 02/06/19 09.73 05.68 4999 02/06/19 05.68 46.25 5000 02/06/19 46.25 05.75 5001 02/06/19 05.75 11.49 5002 02/06/19 11.49 17.70 5003 02/06/19 17.70 17.39 5004 02/06/19 17.39 25.88 5005 02/06/19 25.88 84.60 5006 02/06/19 84.60 31.29 5007 02/06/19 31.29 26,990.00 5008 02/07/19 26,990.00 903.72 5009 02/18/19 903.72 586.80 5010 02/18/19 586.80 5,048.19 5011 02/18/19 3,262.50 5011 02/18/19 23,440.52 5011 02/18/19 31,751.21 1,190.00 5012 02/18/19 1,190.00 apackamt2 skrolczyk Begin Date: 02/01/2019 End Date: 02/28/2019 Vendor vendor Name Naber 3124 IRS Tax Payment 3124 IRS Tax Payment 3124 IRS Tax Payment Totals for Check: 5013 2764 LYNN MC AH N Totals for Check: 5014 1468 L.H. CHANEY MATERIALS, INC. Totals for Check: 5015 3216 M3 Netwarks 3216 M3 Networks Totals for Check: 5016 2643 McLean & Howard, L.L.P. 2643 McLean & Howard, L.L.P. Totals for Check: 5017 1056 1056 1056 1056 1056 1056 1056 1056 1056 OFFICE DEPOT, INC OFFICE DEPOT, INC OFFICE DEPOT, INC OFFICE DEPOT, INC OFFICE DEPOT, INC OFFICE tEPOr, TNC OFFICE DEPOT, INC OFFICE DEPOT, INC OFFICE DEROr, INC 1056 OFFICE DEPOT, INC Totals for Check: 5018 3156 0=CR LABORATORIES LLC 3156 =ma LAS LLC Totals for Check: 5019 2685 Quality Excavation, LID Totals for Check: 5020 1163 S'1W INC Totals for Check: 5021 From Amt: Invoice Number Invoice Inv Dept account Date Stat Nb Nsrber PR00659 PR00659 PR00659 996 02/08/19 996 02/08/19 996 02/08/19 P 135-21302-000-000 P 135-21303-000-000 P 135-21304-000-000 9800659 996 02/08/19 P 135-21410-000-000 157282 02/02/19 P 20 135-55125-020-000 812664 02/14/19 P 30 135-65055-030-000 812680 02/15/19 P 30 135-55030-030-000 32936 32935 263970015001 263970586001 271149914001 270725402001 270724977001 269063483001 269052420001 267172971001 263970585001 271195180001 19020163 19020180 01/31/19 P 39 135-55045-039-000 01/31/19 P 39 135-55045-039-000 02/01/19 P 30 01/24/19 P 30 02/07/19 P 30 02/06/19 P 30 02/06/19 P 30 02/02/19 P 30 02/04/19 P 30 01/29/19 P 30 01/29/19 P 30 02/07/19 P 30 02/11/19 P 02/12/19 P 01/31/19 P 135-65085-030-000 135-65085-030-000 135-65085-030-000 135-65095-030-000 135-65085-030-000 135-65085-030-000 135-65085-030-000 135-65085-030-000 135-65085-030-000 135-65085-030-000 10 135-55135-010-000 10 135-55135-010-000 10 135-69005-010-000 25969 02/09/19 P 30 135-55030-030-000 2440 'TARRANT CW PUBLIC HEALTH LAB 31553 2440 TARRANT CTY PUBLIC HEALTH LAB 31552 Totals for Check: 5022 3113 TOWS Totals for Check: 5023 01/31/19 P 10 135-55135-010-001 01/31/19 P 10 135-55135-010-000 9800659 996 02/08/19 P 135-21317-000-000 Trophy Club MOD N3.1 AP Checks For Date/Amroimt Range .00 To Amt: 99,999,999.99 Uescriptirn FWM Taxes Social Security Taxes Medicare Tam Child Support Dempster Service Harcoire Software & Sint Legal Legal Office Supplies Office Supplies Office Supplies Maintenance Supplies Office Supplies Office Supplies Office Supplies Office Supplies Office Supplies Office Supplies Lab Analysis Lab Analysis Capital Outlays Software & Support Lab Analysis for PID Lab Analysis Tams 7 of 256 03M.1/19 184.42629 Regular Meeting Agenda Pam Lane £teen Value 3,476.22 4,818.30 1,126.82 9,421.34 147.69 147.69 1,690.00 1,690.00 1,779.32 504.00 2,283.32 1,050.00 9,930.00 10,980.00 380.60 79.99 330.98 13.82 65.98 16.76 50.85 115.42 101.19 421.53 1,577.12 317.40 230.00 547.40 173,192.37 173,192.37 943.20 943.20 80.00 490.00 570.00 6,539.78 6,539.78 Lzecx cnecx Nniher Date 5013 5013 5013 02/18/19 02/18/19 02/18/19 5014 02/18/19 5015 02/18/19 5016 02/18/19 5016 02/18/19 5017 02/18/19 5017 02/18/19 5018 5018 5018 5018 5018 5018 5018 5018 5018 5018 02/18/19 02/18/19 02/18/19 02/18/19 02/18/19 02/18/19 02/18/19 02/18/19 02/18/19 02/18/19 5019 02/18/19 5019 02/18/19 5020 02/18/19 5021 02/18/19 5022 02/18/19 5022 02/18/19 5023 02/18/19 3 apackamt2 skrolczyk Begin Bate: 02/01/2019 Hod Bate: 02/28/2019 VexVeCOCCC veadLlr Nate Number un Amt: Invoice Number invoice Inv Leat Account Date Stat kb Number 2696 Texas Excavation Safety System 19-2866 Totals for Glace: 5024 3282 TTAA COODEOICAL FINANCE Totals far (heck: 5025 3283 TK CONDRACTORS LLC 3283 TK CXk 1RACIORS LLC Totals for Check: 5026 1081 TRI COUNTY ELECTRIC 1081 TRI COUNTY Y EL 1 IC 1081 TRI COUNTY ELEMITRIC Tbtals for Check: 5027 5943865 2/9/2019 2/9/19 75267544 75267545 75267546 01/31/19 P 02/07/19 P 02/09/19 P 02/09/19 P 01/28/19 P 01/28/19 P 01/28/19 P 2707 united Rentals (North America) 162718446-001 11/13/18 P 2707 United Rentals (North America) 162718446-002 12/06/18 P Totals farCheck: 5028 2634 Valley Solvent Company, INC 37695 2634 Valley Solvent Cknpany, INC37986 Totals for Check: 5029 1058 VIZ VERDECNYITRELESS 1058 VER2IZON WIRffiFSS 1058 WRIDWWIRELESS Totals for Check: 5030 1087 FKr33K R CHALK SWINDLE Tbtala for Check: 5031 9823237088 9823237088 9823237088 02/06/19 P 02/13/19 P 02/01/19 P 02/01/19 P 02/01/19 P 243980 01/31/19 P 02/21/19 P PR00659 996 02/08/19 P PR00660 996 02/22/19 P 279008050 02/12/19 P 9041276 -IN 02/18/19 P 9041276-fN 02/18/19 P 9041276-I1 02/18/19 P 3045 3RD EYE SURVEMLLANCE 'SYSTEMS 7682 Totals for Check: 5032 2222 AFLAC 2222 AFLAC Totals for Check: 5033 2679 Alfa Laval, Inc Totals for Check: 5034 3197 BenefitMall 3197 BenefitMall 3197 Benefi.tMall Totals for Check: 5035 3262 BR ,NX24 R REED 2432 02/19/19 P 30 135-60040-030-000 30 135-69170-030-000 30 135-55080-030-000 20 135-55080-020-000 20 135-60020-020-000 20 135-60020-020-000 20 135-60020-020-000 20 135-55080-020-000 20 135-55080-020-000 10 135-65030-010-000 20 135-65030-020-000 10 135-60010-010-000 20 135-60010-020-000 30 135-60010-030-000 39 135-55045-039-000 30 135-69005-030-000 135-21312-000-000 135-21312-000-000 20 135-55080-020-000 10 135-50029-010-000 20 135-50029-020-000 30 135-50029-030-000 30 135-55080-030-000 Trophy COub MCD No.1 AP Checks Fbr Bate/Acmtmt Range .00 Tb Amt: 99,999,999.99 Description Service Charges & Fees 0 pier Lease installments Maintenance & Repairs Maintenance & Repairs Electricity Electricity Electricity Maintenance tena& Repairs Maintenance & Repairs Chemirals Chemicals Crnmmicatia ns/Mdailes Crnmmications/Mobiles Camemications/Mobiles Jamal Capital Outlays Aflac Aflac Maintenance & Repairs Life Insurance & Cther Life Insurance & Other Life Insurance & Other Maintenance & Repairs 8 of 256 o3Iciaisc9 181,42®29 Regular Meeting Agenda Pard 4 Lane item creek c27ecK Value Number Date 199.50 5024 02/18/19 199.50 194.00 5025 02/18/19 194.00 3,350.00 5026 02/18/19 1,095.00 5026 02/18/19 4,445.00 193.64 277.85 29.34 500.83 2,816.53 2,804.53 5,621.06 445.88 547.00 992.88 285.79 434.95 87.55 808.29 11,111.24 11,111.24 5027 02/18/19 5027 02/18/19 5027 02/18/19 5028 02/18/19 5028 02/18/19 5029 02/18/19 5029 02/18/19 5030 02/18/19 5030 02/18/19 5030 02/18/19 5031 02/18/19 493.00 5032 02/28/19 151.13 5033 02/28/19 151.13 5033 02/28/19 302.26 193.27 5034 02/28/19 22.00 5035 02/28/19 40.00 5035 02/28/19 22.00 5035 02/28/19 84.00 195.00 5036 02/28/19 493.00 193.27 aapackamt2 slaolczyk Begin Date: 02/01/2019 find Date: 02/28/2019 YenaCr vena= Nome Hunter Tbtals for Check: 5036 1030 CZTY OF FORT WORTH Totals for Check: 5037 3193 OCMEVPAY, INC. Totals for Check: 5038 2497 DHS AE7.ECMATIca4, INC Totals for Check: 5039 2677 Digital Air Control, Inc Tbtals for (heck: 5040 1372 HACH COMPANY Totals for Check: 5041 2667 HOLT CAT Totals for Check: 5042 2676 Humana Inc 2676 Humana Inc 2676 Humana Inc 2676 Humana Inc 2676 Humana ThC 2676 Humana Inc Totals for Check: 5043 2775 =SCE ENERGY SERVICES, LIC 2775 H[&)SCN ENERGY SERVICES, ILC Totals for Check: 5044 1834 IDfil0C DIS9R28UITCN, INC Totals for Check: 5045 3124 IRS Tax Payment 3124 IRS Tax Paynmt 3124 IRS Tax Payment Totals for Check: 5046 2764 JAMIE LYNN M MAHON Totals for Check: 5047 3167 KEYSTONE PARK SECREThRTAL Totals for Check: 5048 3278 KYOCERA DOCUMENT SOITJITCNS Finn Ate.: Invoice annex =voice Inv Dept ACCalmt Date Stat No Number 2/22/2019 PR00660 06-1826 2047484 11338849 U418562 155516772 155516772 155516772 155516772 155516772 155516772 02/22/19 P 996 02/22/19 P 02/26/19 P 02/10/19 P 02/13/19 P 02/25/19 P 03/13/19 03/13/19 03/13/19 03/13/19 03/13/19 03/13/19 10 135-60150-010-000 135-21313-000-000 20 135-55080-020-000 30 135-60235-030-000 10 135-65030-010-000 20 135-55105-020-000 P 135-21308-000-000 P 135-21309-000-000 P 135-21311-000-000 P 10 135-50029-010-000 P 20 135-50029-020-000 P 30 135-50029-030-000 TYophy Club MID No.1 AP Checks For Date/Amotmt Range .00 To Amt: 99,999,999.99 Description Wholesale Water Cafe 125 -Medical Reid) Maintenance & Repairs Security Chemicals Ma'nt ance-Backhoe/Std.d[nader Dental Vision Voluntary Life Life Insurance & Other Life Ins„ra„rn & Other Life Insurance & Other 81902150001-08 02/15/19 P 10 135-60020-010-000 Electricity 51902150001-08 02/15/19 P 20 135-60020-020-000 Electricity 3042805493 02/08/19 P 20 135-55135-020-000 Lab Analysis 9800660 996 02/22/19 P 9R00660 996 02/22/19 P PR00660 996 02/22/19 P 9800660 996 02/22/19 P 152464 02/20/19 P 5581619613 02/22/19 P 135-21302-000-000 135-21303-000-000 135-21304-000-000 135-21410-000-000 30 135-60005-030-000 30 135-69170-030-000 FWH Taxes Social Security Taxes Medicare Taxes Child 344..cu. l Telephone Copier Lease Installments 9 of 256 03,401 181;42@219 Regular Meeting Agenda Pam 5 Lane item LmeCK U eCK Value Nurber Date 195.00 109,758.62 5037 02/28/19 109,758.62 586.80 5038 02/28/19 586.80 620.00 5039 02/28/19 620.00 24.00 5040 02/28/19 24.00 692.62 5041 02/28/19 692.62 5,096.62 5042 02/28/19 5,096.62 1,192.86 5043 02/28/19 162.59 5043 02/28/19 300.86 5043 02/28/19 98.56 5043 02/28/19 184.80 5043 02/28/19 131.04 5043 02/28/19 2,070.71 382.68 5044 02/28/19 177.47 5044 02/28/19 560.15 1,703.47 5045 02/28/19 1,703.47 3,603.50 5046 02/28/19 5,050.60 5046 02/28/19 1,181.22 5046 02/28/19 9,835.32 147.69 5047 02/28/19 147.69 194.75 5048 02/28/19 194.75 101.97 5049 02/28/19 apackant2 ai¢olczyk Begin Date: 02/01/2019 Prod Date: 02/28/2019 vendor venoor Name Natter Totals for Check: 5049 F Pmt: Invoice Number Invoice Inv Dept Account Date Stat No Narber 1468 L.H. CHANEY MATERIALS, IC. 157784 1468 L.H. C3 NS MATER/ALS, INC. 158051 'Ibtals for Check: 5050 3132 rat Shield 3132 T.onl Shield Totals for Check: 5051 02/09/19 P 02/16/19 P PR00659 996 02/08/19 P PR00660 996 02/22/19 P 3195 LOU'S CLAVES I/ CORP RA/ED 027210 Totals for Check: 5052 3186 MEMBER'S BUIIDIr73 mamma= TC1901Tt2am Totals for Check: 5053 3115 mums GROUP Imam= 3115 MEI TTS' GROUP Baamr S 3115 MET•TFE GROUP mamas 3115 MGTIME CROUP BENEFITS Tbtals for Chheck: 5054 3/15/2019 3/15/2019 3/15/2019 3/15/2019 3200 MEITLER TOLEDO 654702154 Totals for Check: 5055 2983 NTIA Tbtals for Check: 5056 1056 OFFICE DEPOT, INC 1056 OFFICE DEPOT, INC Totals for Check: 5057 3156 07C>IX2t LABORATORIES LLC 3156 OIMOR LABORATORIES Tar 3156 caasoB LABORATORIES LLC 3156 OXIIXR LABORATORIES LLC Total c for Check: 5058 3176 REY-MAR WI.a�aaw uw 3176 REY-MAR uaaolnu.4i1/447 3176 REY-MAR uua�ari aiuv Totals for Check: 5059 3113 TOWS Totals for Chek: 5060 1001 TOWN OF TROPHY CLUB 2/23/2019 20 135-55125-020-000 20 135-55125-020-000 135-21310-000-000 135-21310-000-000 02/22/19 P 20 135-65045-020-000 01/31/19 P 30 135-55120-030-000 03/15/19 03/15/19 03/15/19 03/15/19 P 135-21315-000-000 P 10 135-50029-010-000 P 20 135-50029-020-000 P 30 135-50029-030-000 02/04/19 P 20 135-55135-020-000 02/23/19 P 30 135-60100-030-000 275468337001 02/18/19 P 30 135-65085-030-000 275467785001 02/18/19 P 30 135-65085-030-000 19020359 1902360 19020493 19020491 02/18/19 02/18/19 02/25/19 02/25/19 P 20 135-55135-020-000 P 20 135-55135-020-000 P 20 135-55135-020-000 P 20 135-55135-020-000 2/26/2019 02/26/19 P 1 COIL IIAL, WIR 02/26/19 P EDGEMERE CRE CR 02/26/19 P PR00660 996 02/22/19 P JANUARY REFUSE 01/31/18 P 10 135-69005-010-000 10 135-55080-010-000 20 135-55080-020-000 135-21317-000-000 135-25040-000-000 Trophy club ram No.1 AP Checks For Date/Amount Range .00 Tb Amt: 99,999,999.99 Description Ebapster Services Dutpster Services Legal Plan T.xtat Plan Lab Supplies Cleaning Services Shutt. Term Disability Life Insurance & Other Life Insurance & Other Life Insurance & Other Lab Analysis Travel & per diem Office Supplies Office Supplies Lab Analysis Lab Analysis Lab Analysis Lab Analysis capital Outlays Maintenance & Repairs Maintenance & Repairs =RS Ttnm-Steen Drainage 10 of 256 03(/M 181426$9 Regular Meeting Agenda PAM 6 Line item (. eck CSX Value Narber Date 101.97 2,535.00 5050 02/28/19 2,535.00 5050 02/28/19 5,070.00 17.46 5051 02/28/19 17.44 5051 02/28/19 34.90 152.00 5052 02/28/19 152.00 869.06 5053 02/28/19 869.06 118.46 91.11 162.14 130.22 501.93 5054 02/28/19 5054 02/28/19 5054 02/28/19 5054 02/28/19 327.54 5055 02/28/19 327.54 06.00 5056 02/28/19 06.00 153.98 5057 02/28/19 49.47 5057 02/28/19 203.45 317.40 230.00 317.40 230.00 1,094.80 8,425.70 9,760.26 38,720.60 56,906.56 5058 5058 5058 5058 02/28/19 02/28/19 02/28/19 02/28/19 5059 02/28/19 5059 02/28/19 5059 02/28/19 6,995.80 5060 02/28/19 6,995.80 37,729.55 5061 02/28/19 aacka t2 skrolczyk Begin Date: 02/01/2019 End Date: 02/28/2019 vendor vendor Name Naber 1001 TOWN OF TROPHY CLUB 1001 1X OF TROPHY CLUB 1001 =AV OF TROPHY CLUB 1001 TO4d7 OF TROPHY CLUB Totals for (heck: 5061 1120 1120 1120 1120 1120 1120 1120 1120 1120 1120 1120 Totals TROPHY CLUB MID PETTY CASH TROPHY CLUB MUD PETTY CASH TROPHY CLUB MOD PETTY CASH TROPHY CLUB MOD PETTY CASH TROPHY CLUB MID PETTY CASH TROPHY CLUB MUD PETTY CASH TROPHY CLUB MID k a rI CASH TROPHY CLUB MID PETTY CASH TROPHY CLUB MID PETTY CASH TROPHY CLUB MID PETTY CASH TROPHY CLUB MUD PETTY CASH far Check: 5062 Invoice Naber Invoice Inv Dept From Amt: Date Stat No Naber JANUARY REFUSE 01/31/18 JANUARY REFUSE 01/31/18 2018PIDSC RECON 01/31/18 021119 02/11/19 2/28/19-DA3LE27A 02/28/19 2/28/19 -DAM IA 02/28/19 2/28/19-D7 RIA 02/28/19 2/28/19-D. P,1A 02/28/19 2/28/19-DANORIA 02/28/19 2/28/19 -STEVEN 02/28/19 2/28/19 -STEVEN 02/28/19 2/28/19 -STEVEN 02/28/19 2/28/19 -STEVEN 02/28/19 2/28/19 -STEVEN 02/28/19 2/28/19 -STEVEN 02/28/19 3225 US Bank Voyager Fleet Systems 869338111909 3225 US Bank Voyager Fleet Systems 869338111909 Totale for Check: 5063 3270 V -CADA TA PAS Totals for Chheck: 5064 Grand Totals: ****** End of Report ********• P 135-25000-000-000 P 135-25010-000-000 P 135-25041-000-000 P 45 122-60337-045-000 P 30 135-65095-030-000 P 30 135-65095-030-000 P 10 135-60070-010-000 P 20 135-60080-020-000 P 20 135-55080-020-000 P 20 135-60080-020-000 P 20 135-60080-020-000 P 20 135-60080-020-000 P 10 135-60080-010-000 P 10 135-60135-010-000 P 26 135-60075-026-000 02/24/19 P 10 135-65005-010-000 02/24/19 P 20 135-65005-020-000 37 01/31/19 P 20 517-69005-020-000 Trophy club MD No.1 AP Checks Far Date/Amount Range .00 TO Atnt: 99,999,999.99 Description Refuse Refuse Tax PID Surcharge Liability Transfer to Tam/Fire Budget Maintenance Supplies Maintenance Supplies Dues & Matberships Schools & Training Maintenance & Repairs Schools S. Training Schools & Training Schools & Training Schools & Tzainiag 411:E2 Fees & Permits Meetings Fuel & Lube Fuel & Lube Capital Outlays 11 of 256 03,1(13/0 18442®a9 Regular Meeting Agenda Past Line Item cneCc cnecx Value Number Date 65,840.32 5061 02/28/19 5,456.19 5061 02/28/19 15,455.00 5061 02/28/19 56,204.33 5061 02/28/19 180,685.39 09.73 5062 02/28/19 17.59 5062 02/28/19 61.00 5062 02/28/19 25.00 5062 02/28/19 07.70 5062 02/28/19 25.00 5062 02/28/19 25.00 5062 02/28/19 46.95 5062 02/28/19 25.00 5062 02/28/19 50.00 5062 02/28/19 04.98 5062 02/28/19 297.95 836.68 5063 02/28/19 1,609.96 5063 02/28/19 2,446.64 25,300.00 5064 02/28/19 25,300.00 775,119.24 7 March 18, 2019 Regular Meeting Agenda Packet BOARD OF DIRECTORS REGULAR MEETING MINUTES TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 February 18, 2019 at 6:30 P.M. Trophy Club Municipal Utility District No. 1 Board of Directors, of Denton and Tarrant Counties, met in Regular Session on Monday, February 18, 2019 at 6:30 P.M., in the Boardroom of the Administration Building, 100 Municipal Drive, Trophy Club, Texas 76262. The meeting was held within the boundaries of the District and was open to the public. STATE OF TEXAS § COUNTIES OF DENTON AND TARRANT § BOARD MEMBERS PRESENT: Gregory Wilson President William C. Rose Vice President Steve Flynn Secretary/Treasurer Mark Chapman Director BOARD MEMBERS ABSENT: Kelly Castonguay Director STAFF PRESENT: John Carman Laurie Slaght Mike McMahon Steven Krolczyk Tony Corbett General Manager District Secretary Operations Manager Finance Manager Legal Counsel GUESTS PRESENT: Andrew Friedman Samco Capital Leah Hodge PE Halff and Associates CALL TO ORDER AND ANNOUNCE A QUORUM President Wilson announced the date of Monday, February 18, 2019, called the meeting to order and announced a quorum present at 6:30 p.m. CITIZEN COMMENTS There were no citizen comments. 1. Consider and take appropriate action to approve the Consent Agenda. a. January 2019 Check Register b. January 21, 2019 Regular Meeting Minutes 12 of 256 March 18, 2019 Regular Meeting Agenda Packet c. January 31, 2019 Special Meeting Minutes Motion made by Director Flynn and seconded by Director Chapman to approve the Consent Agenda. Motion carried unanimously REGULAR SESSION 2. Discussion and possible action relating to, the sale and issuance of the District's Water and Sewer System Revenue Bonds, Series 2019. a. Receive report from Financial Advisor regarding the issuance and sale of the Bonds; b. Consider and take action regarding Preliminary Official Statement and Notice of Sale; c. Adopt Resolution No. 2019-0218A Expressing Official Intent to Reimburse Costs of Improvement Project with Bond Proceeds; and d. Authorize such other action that may be necessary or convenient to the sale and issuance of the Bonds. Andrew Friedman, with Samco Capital Markets and District Financial Advisor provided an update to the board regarding the issuance of the 2019 Bonds. The District received TCEQ approval to issue the bonds in late October. A Preliminary official statement and a timetable for issuance of the bonds has been put together for review and approval by the board. The District currently has an AA- rating with Standard and Poor's which is very exceptional and rare for a municipal utility district. He stated that there are not many districts that are able achieve this and anticipates the District will maintain this rating. March 18, 2019 would be the date to price our bonds to the market through the TCEQ. Mr. Friedman would like to use a competitive sale process and solicit the bonds to all investors and broker/dealer investment bank institutions. Investors would submit bids on March 18th, we would then award the sale of those bonds based on the bid that produces the lowest net interest cost or interest rate. The sale results will be brought back to the board at the March 18th meeting at which time all bidders would see the lowest rate and final debt service numbers for the bond sale. We are locking in a fixed 30 -year bond with a fixed call option which has been the districts prerogative when selling bonds in the past and is an industry norm for selling them. The funds would be in the bank on April 23, 2019 assuming there are no issues. Mr. Friedman states that the timetable can be adjusted accordingly and once funding is released, 3.8 million must be put in escrow. TCEQ has final authority over what projects are approved and he does not foresee any issues. Mr. Friedman added in the market overall, interest rates have worked in the district favor since about early November and rates are down 65-66 basis points since November. The Federal Reserve has indicated they do intend to raise rates again. Rates over the last few years have begun trending up as the Federal Reserve has raised their base rates, but we are still close to the all-time lows that we have experienced the last several years, so it is as good of a time as any to borrow money. and Assuming there is no huge shift, should be similar rates in March all-time lows. Andrew has reviewed the 2018 Audit and the Districts Financials, and they look great and we meet all required coverage test. March 11th will be the release of the preliminary official statement. Bonds would be priced on March 18th. Andrew does not anticipate a rate increase will be needed. 13 of 256 March 18, 2019 Regular Meeting Agenda Packet Motion made by Director Rose to approve the Preliminary Official Statement and Notice of Sale as forwarded by the General Manager to the Board of Directors and authorize refinements by the board and staff and to have final action taken at the March 18, 2019 regular meeting. Motion dies for lack of a second Motion made by Director Rose and seconded by Director Flynn to approve the Preliminary Official Statement and Notice of Sale as forwarded by the General Manager to the Board of Directors and authorize refinements by the board and staff and others as appropriate at the March 18, 2019 regular meeting and the amount to be placed in the Preliminary Official Statement and Notice of Sale is to be $7,200,000. For: Rose, Chapman, & Flynn Opposed: Wilson Motion passed 3-1 Motion by Director Rose and seconded by Director Chapman to adopt Resolution No. 2019-0218A Expressing Official Intent to Reimburse Costs of Improvement Project with Bond Proceeds. For: Rose, Chapman and Flynn Oppose: Wilson Motion passed 3-1 3. Consider and take appropriate action regarding funding and construction of Water Transmission Line Improvements from District Pump Station to Elevated Water Tank located on T.W. King Road. a. Receive design presentation and final cost estimate from Leah Hodge PE with Halff and Associates; b. Adopt Resolution No. 2019-0218B Authorizing the Acquisition of Project Easements by Purchase or Condemnation and Containing Other Matters Related Thereto. Leah Hodge PE, Halff and Associates and the project engineer for the interconnect waterline project provided an overview of the cost estimate for the construction of Water Transmission Line Improvements from District Pump Station to Elevated Water Tank located on T.W. King Road. Motion made by Director Rose and seconded by Director Chapman to Adopt Resolution No. 2019-0218B Authorizing the Acquisition of Project Easements by Purchase or by Condemnation and Containing Other Matters Related Thereto. For: Rose, Chapman, and Flynn Opposed: Wilson Motion passed 3-1 14 of 256 March 18, 2019 Regular Meeting Agenda Packet 4. Consider and take appropriate action to approve OpenGov Software Services Agreement Contract No. 2019021801 for the purchase of Budgeting, Planning and Operational Performance Software and Related Services. (staff) Motion made by Director Rose and seconded by Director Flynn to approve Contract No. 2019021801 OpenGov Incorporation for the acquisition and installation of an online budget preparation module and performance software with integration for a three-year (3) term for an amount not to exceed $85,061.00 to include the budget book and the first amount will be $39,887.00 and remaining two (2) years will be $22,587/per year. Motion by Director Rose and seconded by Director Flynn to amend the main motion to add the following: "and allow legal counsel to make necessary changes to comply with Texas statutes." Amendment passed unanimously Main motion as amended carried unanimously 5. Consider and take appropriate action regarding the January 2019 Combined Financials and Variance Report. e. Combined Financials f. Combined Variance Motion made by Director Rose and seconded by Director Chapman to approve the January 2019 Combined Financials and Variance Report. Motion carried unanimously. The Board convened into Recess at 8:24 p.m. through 8:30 p.m. REPORTS & UPDATES 6. Receive Director report and update regarding Association of Water Board Directors (AWBD) Mid -Winter Conference. (Rose) Vice President Rose attended the Mid -Winter Association of Water Board Directors (AWBD) Conference and provided an update and report of the conference and stated that March 21, 2019 is the registration deadline for the June AWBD conference which will be held in Fort Worth. 7. General Manager Monthly Reports and Update: a. Regulatory Update b. Capital Improvement Projects • Interconnect Water Transmission Line Phase 2 15 of 256 March 18, 2019 Regular Meeting Agenda Packet • Wastewater Treatment Plant Upgrade Project • High Service Pump • Joint Projects with Town c. Fire Department Summary d. Water System Operations e. Wastewater System Operations f. Status of surplus vehicles g. Finance Update • Utility Billing Report • Permits Collected • Cash Report General Manager John Carman presented the January monthly reports and update to the Board and answered questions related thereto. The Board convened into Executive Session at 8:40 p.m. EXECUTIVE SESSION 8. Pursuant to Section 551.071 of the Texas Open Meetings Act, the Board may consult with its attorney in Executive Session on a matter in which the duty of the attorney to the Governmental Body under the Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with the Open Meetings Act or to seek advice of counsel on legal matters involving pending or contemplated litigation or settlement offers: a. Contractor breach, performance and payment issues related to District's contract with Webber- Cadagua Partners for construction of the Wastewater Treatment Plant Improvements; and b. Claims for damages caused by District facilities and/or operations to property located at 1040 Trophy Club Drive, Trophy Club, Texas. c. Consultation with Legal Counsel regarding Legislation providing Authorization for Release of Lands from the District's corporate boundaries d. Claims for damages caused by District facilities and/or operations to property located at 1040 Trophy Club Drive, Trophy Club, Texas. 9. Pursuant to Section 551.072 of the Texas Open Meetings Act, the Board may deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person: a. Sale or Exchange of District real property located at 100 Municipal Drive and 1501 Junction Way. b. Purchase of Easements required for construction and operation of Water Transmission Line Improvements from District Pump Station to Elevated Water Tank located on T.W. King Road The Board reconvened into Regular Session at 10:06 p.m. 16 of 256 March 18, 2019 Regular Meeting Agenda Packet REGULAR SESSION 10. Consider and take appropriate action on matters deliberated in Executive Session: Regarding Agenda item No. 8 (c) Motion made by Director Rose and seconded by Director Flynn that President Wilson is directed to execute a letter in support of draft legislation which was included in an email sent by Senator Hancock's aid, Andrew Parks and addressed to John Carman and other recipients dated Friday, February 15, 2019 at 12:57 p.m. Motion carried unanimously 11. Items for future agendas: Reserve Policy 12. Set future Meeting dates: Regular Board Meeting — Monday, March 18, 2019 at 6:30 p.m. ADJOURN Director Chapman moved to adjourn. President Wilson called the meeting adjourned at 10:10 p.m. Gregory Wilson, President Steve Flynn, Secretary/Treasurer Laurie Slaght, District Secretary 17 of 256 (SEAL) March 18, 2019 Regular Meeting Agenda Packet OoS• TRIAL HSG\ COMMUNITY NOISE ASSESSMENT LOGAN SAMPSON FEBRUARY 14, 2019 TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO.1 Peer Review By: Chad Hyman, MS, CIH, CSP 18 of 256 March 18, 2019 Regular Meeting Agenda Packet February 24, 2019 John Carman General Manager Trophy Club Municipal Utility District NO.1 Trophy Club, Texas 76262 Re: Community Noise Assessment Mr. John Carman: SRP Environmental, LLC was retained to evaluate the community noise impact in correlation with operating processes at Trophy Club Municipal Utility District NO.1 located at 100 Municipal Drive, Trophy Club, Texas 76262. Enclosed is the survey report, including analytical data. SRP Environmental, LLC appreciates this opportunity to be of service and looks forward to our continued work together. Please feel free to contact Chad Hyman or me with any questions. Sincerely, Chad Hyman, NtS, CIH, CSP Logan Sampson Director/Principle CIH Project Manager, IH 19 of 256 March 18, 2019 Regular Meeting Agenda Packet TABLE OF CONTENTS 1.0 PROCEDURE 4 1.1 Purpose 4 1.2 Sampling Method 4 1.2.1 Area Samples 4 1.3 Equipment Specifications 4 1.3.1 Sound Level Meter 4 1.3.2 Table 1 — Equipment Serial Numbers and Calibration Dates 4 1.4 Sampling Event 5 2.0 EXPOSURE LIMITS 5 2.1 Collected Exposure Data 5 3.0 CONCLUSION 5 4.0 RECOMMENDATION 6 Appendix A Appendix B Appendix C 20 of 256 Site Diagram/Table IH Monitoring Document/Notes Calibration Data March 18, 2019 Regular Meeting Agenda Packet 1.0 PROCEDURE 1.1 Purpose Logan Sampson, Industrial Hygienist with SRP Environmental, LLC (SRP), led a noise sampling event on February 14, 2019 for the Trophy Club Municipal Utility District NO.1 waste water treatment facility located in Trophy City, Texas. The purpose of this sampling event was to further investigate community concerns pertaining to the facility's operating process. A quantitative assessment was performed to evaluate the intensity of various noise sources at the operating facility, evaluate the impact of those noise sources to residents located to the south, and identify other noise sources that may not be associated with the operating facility but may impact the residence within that area. 1.2 Sampling Method 1.2.1 Area Samples Before the sampling event began and with the assistance of the Plant Superintendent, Mr. Sampson and the Plant Superintendent identified equipment and processes that would have the potential to exceed 80 decibels on the A -weighted scale (dBA). After the various equipment and processes had been identified through the avenue of verbal communication with the facility's employees, Mr. Sampson and plant employees physically walked around the facility to identify noise sources that may not have been initially identified. For each equipment and/or process identified as exceeding this predetermined threshold, multiple measurements were collected to determine varying values based on sound intensity and distance from the noise source. Each time a measurement was collected, the SLM was positioned at five (5) feet from the walking surface (ear level) and with a direct line toward the primary noise source. This position would be held for approximately 5-7 seconds and the mean from the data readings would be recorded; results can be found in Appendix A. 1.3 Equipment Specifications 1.3.1 Sound Level Meter Area sound level pressures of 80 dBA or greater were collected during the noise survey by utilizing a Type 2 sound level meter (SLM). Both pre-test and post-test calibrations were performed with an AC - 300 sound calibrator which produces a sound pressure level of 114 decibels at a 1,000 hertz. The serial number and factory calibration dates for the SLM and the AC -300 sound calibrator can be found in Table 1. 1.3.2 Table 1— Equipment Serial Numbers and Calibration Dates Equipment Serial Number Calibration Date AC -300 AC300004857 June 20, 2018 SLM 0002728 April 30, 2018 *Documentation relating to the calibration of both the sound level equipment and sound calibrator can be found in Appendix C. 21 of 256 March 18, 2019 Regular Meeting Agenda Packet 1.4 Sampling Event Before utilizing either the SLM or associated calibrator, Mr. Sampson ensured the equipment had an appropriate power duration to aid in the proper functioning of that equipment and placed a windscreen over the microphone after the pre-test calibration. The sampling event started at 08:08 and ended at 16:15. The current operation consisted of both the water treatment process as well as non -routine tasks to ensure all noise sources could be evaluated. At the time of the survey, all operational equipment was properly functioning but some of the work load was over exaggerated to ensure all noise sources were evaluated. These non -routine tasks and operations that were over -exaggerated resulted in barriers being removed, equipment being operating simultaneously, and ultimately caused higher sound pressure levels than those during normal operations. 2.0 EXPOSURE LIMITS When evaluating community noise exposure, levels much lower than those provided by the Occupational Safety and Health Administration (OSHA) are utilized. Since current science does not identify these lower levels as a hazard of producing hear loss, other regulatory and/or authoritative standards are utilized. These additional standards usually consist of data models originating from Community Noise Exposure Levels (CNEL) and/or Noise Pollution Levels (NPL). These data values are often used in determining noise ordinances and typically range from: • A daytime noise limit of —55-67 dBA, or • A nighttime noise limit of —45-55 dBA. 2.1 Collected Exposure Data The table in Appendix A represents the noise sources identified during the survey, the sound pressure level values obtained, the distance they were obtained, distance calculations to determine sound pressure values based on values obtained, values that are presumed to be impacted by outside noise sources, and the primary frequency for the sound pressure level collected. Since sound pressure levels within the 'far field' are considered predictable, then variations within that field can be calculated to represent the continuation of that noise source. The basic distance calculation used to predict sound levels based on the information provided was SPL2 = SPLI + 20Log(dl/d2). This calculation does not consider the impaction due to trees, grass, foliage, etc., which can further act to attenuate or reduce noise. These calculated noise predictions were compared against the values obtained by the SLM at that specified location to make determinations of whether other surrounding activities increased the sound pressure levels at that location or if the collected values were representative of the sound pressure levels sourcing from the facility activity. 3.0 CONCLUSION The sound pressure levels obtained on February 14, 2019 are representative of the operations and processes evaluated on that day. From the sound pressure levels collected during the assessment, there were four facility operational processes that were identified as meeting or exceeding 85 dBA. These noise sources are highlighted yellow within Appendix A. In addition to the noise sources identified by the operational process, there were also noise sources identified from lawn maintenance activities coming from the adjacent golf course, construction activities of a new residence within the vicinity, and traffic from diesel mounted vehicles delivering products to the construction site. 22 of 256 March 18, 2019 Regular Meeting Agenda Packet Based on the sound pressure levels obtained from the facility's operational process and the predictive calculations obtained, the highest sound pressure level would source from the 'Saw' and have a value of 55 dBA. Under normal operating procedures, without the increased sound intensity of non -routine facility operations or routine community noise, the baseline value for the residents was 45 dBA. When compared to the predictive values for the sound pressure levels at the residence, it was identified that noise from community activity raised the sound pressure value from a range of 6 — 10 dBA. Currently, there are no quantitative values defined by Trophy City within a Noise Ordinance. Based on the sound pressure levels identified in Section 2.0, the collected data sourcing from the water treatment facility meets the suggestive ranges. 4.0 RECOMMENDATION • Additional evaluations should be conducted if there are any changes to the process that could increase noise exposure to the surrounding community • Provide the data collected and results obtained from this assessment to those personnel who have shown concern or are impacted Respectfully, 7-/-c4z Chad Logan Sampson Hyman, M IH , CSP Industrial Hygienist Gulf South Director/Corporate CIH 23 of 256 March 18, 2019 Regular Meeting Agenda Packet Appendix A - Site Diagram/Table 24 of 256 Trophy Club Municipal Water Facility Legend 9 Regular Meeting Agenda Packet Indian Creek Dr & Hershey Ln • Vit.jI•+t , • • ia March 18, 2019 Regular Meeting Agenda Packet ar a� e c6"SLO N, • tc aC�er<cti �ceO�0``oy�y,,:.c`R_co Bars Screens 70 Water Pump 75 --- --- --- Generator 1 85 69 62 53 58.5 60 Generator 2 88 70 63 53 53 60 Heavy Equipment 77 --- --- --- Saw in Use --- 72 64 55 --- Digestor Blower 95 67 59 50 56 60 Universal Blower MBR 74 Blower - 1 83 MBR Blower - 2 75 Permeate EFF Pump - 1 70 Permeate EFF Pump - 2 78 Normal Operations - Baseline --- 61 45 46 45 500-1000 KEY: Black #'s Actual values obtained during the survey Blue #'s Values calculated using Logarithmic calculations Highest values identified Proposed noise impaction due to residential/consruction activities 26 of 256 March 18, 2019 Regular Meeting Agenda Packet Appendix B - IH Monitoring Document/Notes 27 of 256 Client Name: Trophy Club Municipal Utility District Company Division (if applicable): Process Description: Work Activity: Work Load: Other Normal Industrial Hygiene Monitoring Document_Trophy Club Noise Assessment March 18, 2019 Regular Meeting Agenda Packet Client Address: 100 Municipal Drive, Trophy Club, TX 76262 Date: February 14th, 2019 Surveyor Name(s) Logan Sampson, Zoe Sampson Water Treatment Plant - Generators are automatic and do not run at the same time. The generators turn on and off by themselves, and the door to each generator is not typically open (louder at source when door is open). Blowers run for 55 minutes and then are off for 5 minutes. Digestor Blowers typically run 1 at a time; however, I had all three turned on during the survey to see worst case scenario. Frontloader is used throughout the day for various activities. Vac Truck is used minimally; however, I had the crew turn the vehicle on with all blowers going to see worst case scenario. Description if "Other": Routine for all employees except for Frank Isola. Frank Isola was at the source turning on/off equipment for SRP to find potential Engineering Controls: Hearing Protection is required in certain areas of the facility. All Controls Operating: Yes 1 ■ Noise Sampling Serial #: 2728 Post -Test: 114.2 Serial #: AC300010842 SLM (Brand/Model): Larson Davis/Sound LXTTrack Pre -Test: 114.2 Calibrator Type: 3M AC -300 Type of Sample Personal Personal Personal Personal Name of Employee Frank Isola Frank Wolf Lance Holt Jeff Richey Position Monitored Superintendent Plant Operator Plant Operator Crew Leader Dosimeter Number 60010 60001 60007 60009 Pre -Test 114 114 114 114 Start Time 8:08 8:05 8:05 8:05 Calibration Date: 4/30/2018 Hearing Protection (make,model): Noise Reduction Rating (NRR): L -AVG Stop Time Total Time Post -Test (dBA) 16:15 487 114.2 84.9 16:15 490 114.1 78.1 16:15 490 113.9 75.8 16:15 490 114.2 77.3 TWA (dBA) 85 78.3 76 77.4 8 -hr Dose 48.8 19.3 14 17.3 Lasmx 114.4 127.4 128 122.6 Time 8:00 AM 12:00 PM 2:00 PM 3:30 PM Temperature (F) 50 72 80 79 Relative Humidity Environmental Conditions Barometric Pressure (in) 30 29.76 30 29.76 29 29.74 25 29.73 Wind Velocity (mph) Notes (rain, high velocity wind surge, etc.) 12 SW Periodic Wind Gusts throughout the day. 15 SW 15 SW 13 SW 28 of 256 March 18, 2019 Regular Meeting Agenda Packet 2 9Z SakirF /PONM� Logan Sampson SRP TROPHY CLUB NOISE ASSESSMENT 2/14/13, 7658 AM Thursday, February 14, 2019 Prepared For Jrhn Carman 53 Lrcatirns Identified 29 of 256 March 18, 2019 Regular Meeting Agenda Packet BAR SCREENS While on it it averaged 70 dBA YARD WATER PUMP HOUSE Average around 75 GENERATOR 1 (NEWER) Average 85 when first turned on with doors open. GENERATOR 1 (NEW) Approximately 20 Yards Out (North), Avg. 66 dBA. 30 of 256 Page 2 of 15 March 18, 2019 Regular Meeting Agenda Packet GENERATOR 1 (NEW) At Tree Line, approximately 50 yards out (North). Avg. 61 dBA. GENERATOR 1 (NEW) Approximately 20 yards out (South), Avg. 69 dBA GENERATOR 1 (NEW) At Tree Line, Approximately 50 yards out (South). Avg. 62 dBA. GENERATOR 2 (OLD) At source, Spiked above 90 when first turned on. Then it leveled out to 88dBA. 31 of 256 Page 3 of 15 March 18, 2019 Regular Meeting Agenda Packet GENERATOR 2 (OLD) Approximately 20 yards out (North), avg. 69 dBA GENERATOR 2 (OLD) Approximately 50 yards out (North), avg. 65 dBA GENERATOR 2 (OLD) At Tree Line (North), Approximately 100 yards out. Avg. 57 dBA GENERATOR 2 (OLD) Approximately 20 yards out (South), Avg. 70 dBA 32 of 256 Page 4 of 15 =UWE 08:51 2/14/19 Nita .1411111111. - March 18, 2019 Regular Meeting Agenda Packet GENERATOR 2 (OLD) At Tree Line (South), Approximately 50 yards out, Avg. 63 dBA GENERATOR 2 (OLD) Approximately 5 yards out, Avg. 79 dBA FRONT LOADER Approximately 5 yards out, 77 dBA avg. spiked at 85 when put in reverse. SAW IN USE 20 yards out, Avg. 72 dBA 33 of 256 Page 5 of 15 ill....-08407411iiiii iii March 18, 2019 Regular Meeting Agenda Packet DIGESTOR BLOWERS Not on, at source. Avg. 72 dBA DIGESTOR BLOWERS Only 1 Blower on when running Bell Press. 3 on at night. Avg. 95 dBA. Spiked to 104 when all three turned on. At source. DIGESTOR BLOWERS Approximately 10 yards out, Avg. 75 dBA DIGESTOR BLOWERS Approximately 20 yards out (North), Avg. 66 dBA 34 of 256 Page 6 of 15 1�M;ye'1! March 18, 2019 Regular Meeting Agenda Packet DIGESTOR BLOWERS Approximately 50 yards out (North), Avg. 60 dBA DIGESTOR BLOWERS At Tree Line, Approximately 75 yards out (North). Avg. 57 dBA DIGESTOR BLOWERS Approximately 20 yards out (South), Avg. 67 dBA DIGESTOR BLOWERS At Tree Line (South), approximately 50 yards out, Avg. 70 dBA. A semi truck was running about 5 yards away. 35 of 256 Page 7 of 15 March 18, 2019 Regular Meeting Agenda Packet BACKHOE Approximately 5 yards out, 77 dBA. Spiked to 86 when horn was honked. UNIVERSAL BLOWER PAC - 6 At source, avg 74 dBA. Spiked to 85 when filter removed. MBR BLOWER PAC - 6 At source, Avg. 83 dBA. PERMEATE EFF PUMP - 6 At source, Avg. 70 dBA. 36 of 256 Page 8 of 15 March 18, 2019 Regular Meeting Agenda Packet MBR BLOWER - 2 At source, avg. 75 dBA PERMEATE EFF PUMP 2 At source, avg. 78 dBA 406 HERSHEY LANE With Generator 2 (Old) on, Avg. 53 dBA. Also golf course was being mowed at this time about 40 yards away. 406 HERSHEY LANE With Generator 1 (New) on, avg. 58.5 dBA. Golf course being mowed and a plane was overhead at the time. 37 of 256 Page 9 of 15 March 18, 2019 Regular Meeting Agenda Packet 406 HERSHEY LANE Digestor Blowers turned on, avg. 56 dBA. Golf course is still being mowed about 40 yards away. 661 SHELDON DRIVE Approximately 5 yards away, avg. 78 dBA. 18 wheeler on in front of home. Construction occurring on house to the right of front of home. 661 SHELDON DRIVE Digestor Blowers on, avg. 60 dBA. Construction also going on next door to the right of front of house. 661 SHELDON DRIVE With Generator 1 (New) on, avg. 60 dBA. Construction on-going at the house to the right of the Front of the home. 38 of 256 Page 10 of 15 _.j March 18, 2019 Regular Meeting Agenda Packet 661 SHELDON DRIVE Avg. 45 dBA, roof work on-going 3 houses down to the right of front of home. NORTH TREE LINE Avg. 52 dBA SOUTH TREE LINE Avg. 59 dBA NORTH TREE LINE Avg. 53 dBA 39 of 256 Page 14 of 15 March 18, 2019 Regular Meeting Agenda Packet 661 SHELDON DRIVE With Generator 2 (Old) on, avg. 60 dBA. Construction on-going to the right of front of home. VAC TRUCK At source, no Blowers on. Avg. 77. VAC TRUCK At source, Avg 98 dBA. VAC TRUCK At Tree Line (South), approximately 50 yards out. Avg. 78 dBA. 40 of 256 Page 11 of 15 r '11:2 .14/19 March 18, 2019 Regular Meeting Agenda Packet VAC TRUCK At Tree Line (North), Avg. 60dBA 406 HERSHEY LANE With Vac Truck Blowers On, Avg. 55 dBA 661 SHELDON DRIVE With Vac Truck Blowers on, Avg. 55 dBA SOUTH TREE LINE At South Ridgeline, avg. 61 dBA 41 of 256 Page 12 of 15 March 18, 2019 Regular Meeting Agenda Packet NORTH TREE LINE At North Ridgeline, avg. 54 dBA NORTH TREE LINE At Ridgeline, 58 dBA. SOUTH TREE LINE At Ridgeline, avg. 60.9 dBA. 406 HERSHEY LANE Avg. 46 42 of 256 Page 13 of 15 SOUTH TREE LINE Avg. 60 dBA 43 of 256 March 18, 2019 Regular Meeting Agenda Packet Page 15 of 15 March 18, 2019 Regular Meeting Agenda Packet Appendix C - Calibration Data 44 of 256 March 18, 2019 Regular Meeting Agenda Packet TSI INCORPORATED - OCONOMOWOC 1060 Corporate Center Drive, Oconomowoc, WI 53066 USA tet 651490 2811 + toll free 800 245 0779 + web www.tsi.com Model: AC -300 Acoustic Calibrator SIN: AC300010842 On this day of manufacture and calibration, TSI certifies that the above listed product meets or exceeds the performance requirements of the following acoustic standard(s): Certificate of Calibration Certificate Number:1806201155AC300010842 Ari 150:9001 Rea:starec, Company Date lssued:20-Jun-2018 ANSI 51,40-2006 (R2011) - Specifications and Verification Procedures for Sound Calibrators IEC 60942:2003 / EN60942-2003 Electroacoustics Sound Calibrators 1 Glass 1 Test Conditions: Temp: 18-25°C Humidity: 20-80% R.H. Barometric Pressure: 950-1050 mBar Test Procedure: 8057-879 Reference Standard(s): Device Ref Standard Cal Due Uncertainty - Estimated at 95% Confidence Level (k=2) B&K Ensemble 12 -Jul -2018 +1- 2,2% Acoustic (0.19dB) Fluke 45 08 -Mar -2019 +1- 1.4% AC Voltage, +1-0.1% DC Voltage Calibrated By: Linda Bauer - Assembler 3n order to maintain best instrument performance over time and in the event of inspection, audit or litigation, we recommend the instrument be recalibrated annually. Any number of factors may cause the calibration to drift before the recommended interval has expired. See user manual for more information. All equipment used in the test and calibration of this instrument is traceable to NIST, and applies only to the unit identified above. This report must not be reproduced, except in its entirety, without the written approval of TSI, Inc. 098-659 Rev F 45 of 256 Page 1 of 2 March 18, 2019 Regular Meeting Agenda Packet Audiometrics, Inc. 4510 Marlena Street Bossier City, LA 71111 (318) 752-5757 Sound Level Meter/Dosimeter Calibration Certificate Name: 5 V: r \r"%.lA\ Address: Type: e‘NTvekt2L. Liri Serial: CYD-1-D-g lir30r1 g This instrument was calibrated by Audiometrics, Inc. at the measured sound pressure level of 114db and meets or exceeds the manufacturers' specifications for sound lever calibrators. RECOMMENDATIONS FOR RECALIBRATION: This device should be recalibrated at least once a year from the original calibration date. Periodic evaluation checks should be performed between the yearly calibration schedule, if conditions so warrant, insuring the instrument maintains proper calibration standards. Calibration of this instrument should be accomplished by a qualified audiometric facility. Audiometrics, Inc. cannot be held responsible for any subsequent recalibration or other adjustments of electrical or acoustical characteristics that may be performed to this instrument by other than Audiometrics, Inc. personnel. This calibration was performed with instrumentation whose accuracies are traceable to the National Institute of Standards and Technology. Technician: .r -Z) 46 of 256 March 18, 2019 Regular Meeting Agenda Packet RATE ORDER TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO.1 ORDER NO. 20189-0917318A AN ORDER ESTABLISHING POLICIES, PROCEDURES, AND RATES FOR WATER AND SEWER SERVICE; PROVIDING FEES FOR CONNECTION, RECONNECTION, INSPECTION, ACCURACY READINGS, AND RETURNED CHECKS; REQUIRING DEPOSITS FOR SERVICE; PROVIDING A PENALTY FOR DELINQUENT PAYMENTS; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT. WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is the owner and/or operator of a water and sewer system designed to serve present and future inhabitants within the District and the Trophy Club Development; and WHEREAS, the District's most recent Rate Order was adopted on March 20, 2018Seotember 17. 2018 (Order No 20189-032-0917A), and additional modifications are needed. The District desires to establish all of its rate policies in a single new Rate Order; and WHEREAS, the Board of Directors of the District has carefully considered the terms of this Rate Order No. 20189-091-7318A and is of the opinion that the following conditions and provisions should be established as the policies, procedures, and rates for obtaining service from the District's water and sewer system. THEREFORE, IT IS ORDERED BY THE BOARD OF DIRECTORS OF TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 THAT: ARTICLE I TAP FEES AND CONNECTION POLICY Section 1.01. Initiation of Water and Sanitary Sewer Connections. Each person desiring a water and sanitary sewer service connection to the District's System shall be required to pay such fees as set forth in this Order. No service shall be established or re-established until such fees are paid. All service connections are subject to all other rules, regulations, and policies of the District. A. Certification of System. Connections shall not be made to the District's System or portions of the System until the District's engineer or District staff has certified that the System or applicable portion thereof is operable and meets all regulatory requirements. B. Backflow Prevention. No water connections from any public drinking water supply system shall be allowed to any residential or commercial establishment where an actual or potential contamination hazard exists unless the public water facilities are protected from contamination. 47 of 256 March 18, 2019 Regular Meeting Agenda Packet At any residential or commercial establishment where an actual or potential contamination hazard exists, protection shall be required in the form of a backflow prevention assembly. The type of assembly required shall be specified by the District. The existence of potential contamination hazards without installation having been made of the means of control and prevention as set out in the preceding paragraph; or, the same having been installed, there is a failure to properly maintain the same, shall be considered sufficient grounds for immediate termination of water service. Service can be restored only when the health hazard no longer exists, or when the health hazard has been isolated from the public water system in accordance with the foregoing requirements. All backflow prevention assemblies that are required according to this section shall be tested upon installation by a recognized backflow prevention assembly tester and certified to be operating within specifications. Backflow prevention assemblies that are installed to provide protection against health hazards must also be tested and certified to be operating within specifications at least annually by a recognized backflow prevention assembly tester. The Customer shall, at his expense, properly install, test, and maintain any backflow prevention device required by this Rate Order. Copies of all testing and maintenance records shall be provided to the District within ten (10) days after maintenance and/or testing is performed. If the Customer fails to comply with the terms of this Order, the District shall, at its option, either terminate service to the property or properly install, test, and maintain an appropriate backflow prevention device at the service connection at the expense of the Customer. Any expenses associated with the enforcement of this agreement shall be billed to the Customer. C. Availability of Access/Obstructions. By application for connection to the District's System, the Customer shall be deemed to be granting to the District and its representatives a right of ingress and egress to and from the meter or point of service for such installation, maintenance and repair as the District, in its judgment, may deem reasonably necessary. The Customer shall also be deemed to be granting to the District and its representatives a right of ingress and egress to the Customer's property, including the exterior of the Customer's premises, for the purpose of performing the inspections and completing the Customer's Service Inspection Certifications required by the District's rules and regulations. Taps and connections will not be made when, in the opinion of the District, building materials or other debris obstructs the work area or the work area is not completed or finished to grade. When sidewalks, driveways or other improvements have been constructed prior to application for service, such application shall be construed and accepted as the Customer's waiver of a claim for any damages to such improvements resulting from the reasonable actions of the District in installation of the connection. 48 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 1.02. Residential Fire Lines. Connections. and Fees. A residence of at least six -thousand (6,000) square feet but less than eight -thousand (8,000) square feet shall have installed on its one -inch (1") water service line, for fire protection, a one -inch (1") U -branch, with a separate meter and meter -box. The cost of installation, including parts, equipment, and labor shall be eight -hundred dollars ($800.00), payable at the time of permitting. A residence of eight -thousand (8,000) square feet or greater, in addition to its regular one - inch (1") water service line, shall have installed a separate one -and one-half (1 '/2 ") water service line for fire protection with its own meter and meter -box. The cost of connection and installation of the fire line and meter shall be either one thousand six hundred dollars ($1,600.00) if the home is on the same side of the street as the waterline; or, if it is on the opposite side of the street from the waterline, necessitating boring, then the charge shall be two thousand nine hundred seventy five dollars ($2,975.00), payable at the time of permitting to the District. Section 1.03. Connections by District. All Connections to the District's water and sewer system shall be made with written approval of the District and in accordance with the District's Plumbing Code and its rules and regulations. No person except the General Manager or his/her authorized agent shall be permitted to tap or make any connection to the mains or distribution piping of the District's water system, or make any repairs, additions to, or alterations in any meter, box, tap, pipe, cock or other fixture connected with the water system or any manhole, main, trunk or appurtenance of the District's sanitary sewer system. No sewer connection shall be covered in the ground and no house lead shall be covered in the ground before it has been inspected and approved by a licensed plumbing inspector with jurisdiction of the site. Section 1.04. Water and Sewer Tap Fees. Fees for water and sewer taps performed by the District are as follows: Water Service Taps: Size Fee for Tap Bore (if applicable) up to 1" Tap $1,200.00 $3,000.00 2" Tap $1,800.00 $3,500.00 3" Tap $4,500.00 $5,000.00 4" Tap $5,500.00 $5,000.00 6" Tap $6,500.00 $6,500.00 8" Tap $7,500.00 $7,000.00 10" Tap $8,500.00 $8,500.00 Sewer Service Taps: Actual cost plus 10%. An estimate will be provided prior to work being performed. 49 of 256 March 18, 2019 Regular Meeting Agenda Packet When water taps have been made by someone other than the District personnel, there is an installation/inspection fee of fifty dollars ($50.00) plus the cost of the appropriate meter. Section 1.05. Inspections and Fees. Fees for permits and for plumbing inspections (other than for sewer and backflow inspections referred to below in subparagraphs A and B) should be paid to the city or town in which the property is located or to the District if the property is not located within a city or town. A. Sewer Inspection and Fees. Sewer connections and house service lines shall be inspected by the District. An inspection fee of one -hundred -fifty dollars ($150.00) shall be paid to the District for each connection to the District sanitary sewer system. Installations that fail to conform at any time to the rules and regulations shall be disconnected. Any customer whose connection is disconnected for such failure shall be notified as to the basis for such disconnection. After noted deficiencies have been corrected, a re -inspection shall be made upon payment to the District of a re- inspection fee of twenty-five dollars ($25.00), plus payment by the customer of all outstanding charges. If subsequent re -inspections are required before the sewer connection and service lines are in compliance with the rules and regulations, a re- inspection fee of twenty-five dollars ($25.00) shall be paid to the District for each subsequent re -inspection. Inspections by the District requested after regular business hours will be charged ata minimum of one -hundred dollars ($100.00). B. Backflow Inspections. Backflow installations (residential and commercial) that require annual inspections must have a certified Backflow Technician perform the testing and submit the report annually to the District. C. Swimming Pool Discharge into Sanitary Sewer System. New swimming pools permitted on or after June 24, 2005, shall have all backwash and/or drainage from said pool discharge into the sanitary sewer system. Owners of pools built or permitted prior to July 1, 2005 are not required to retrofit the pool equipment and tie into the sanitary sewer. However, swimming pool backwash and drainage must drain to grassy areas and is not permitted to flow into the storm drain system, creeks, or other waterways. For swimming pools discharging to the sanitary sewer system, an indirect connection shall be made by means of an air break, discharging into a tailpiece installed a minimum of six inches (6") (or 152 mm) above adjacent grade. The tailpiece shall be connected to a minimum three-inch (3" or 76mm) p -trap not less than twelve inches (12" or 304 mm) below grade which discharges into the yard cleanout riser. Backwash systems shall not flow onto neighboring properties or into the storm sewer. The tie-in and inspection fee shall be seventy-five dollars ($75.00) to be paid at the time of issuance of the pool permit. 50 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 1.06 Temporary Water Service -Construction Meters. A. Construction Meters. The District shall be authorized to make a temporary connection to any fire hydrant or flushing valve upon request for temporary water service. All temporary service shall be metered and billed to the temporary customer as provided herein. All unauthorized withdrawal of water from flushing valves, fire hydrants, or other appurtenances of the District's System is prohibited. B. Application and Deposit. Each temporary customer desiring temporary water service shall be required to execute an application for such temporary service and shall provide a minimum -security deposit of one -thousand -seven -hundred - seventy -five dollars ($1,775.00) for a three-inch (3") meter and RPZ; one -thousand - four -hundred -twenty-five dollars ($1,425.00) for a smaller meter and smaller RPZ. The deposit shall be made by cashier's check or money order payable to the District. The deposit shall be used by the District to secure the payment for temporary water supplied by the District, the installation fee, and the cost of repair of any damages caused by the temporary customer. The balance of the security deposit, if any, shall be refunded after disconnection from the District's System. C. Construction Meter Fees and Rates. Construction meters will be charged the same monthly rates (base fee and volumetric rate) for water as commercial accounts as set forth in Article II of this Rate Order. D. Temporary Construction Meter Use and Billing. Construction meters can be rented by filing an application at the District office and payment of all required deposits. Upon approval of the application, a temporary meter and RPZ will be provided to the applicant. Installation on any fire hydrant or flush valve must be approved by the District and District meters may only be used within the District's service area. The location of installation must be indicated on the application and cannot be relocated unless notification is provided to and approved by the District in advance. Temporary meters may only be rented for a period of ninety (90) days and extensions may be approved upon request and approval. Failure to return a temporary meter or request a usage extension by the due date will result in repossession of the meter and forfeiture of the deposit. Upon return of a temporary construction meter, an inspection of the meter and RPZ will be performed. Any and all damages to the meter and/or RPZ will be charged to the customer and deducted from the deposit. If the deposit does not cover the total amount of damages, the balance will be billed to the customer and payment must be received by the due date. Failure to pay all charges due will result in suspension of rental privileges until payment in full and may result in collection procedures. E. Return of Temporary Meter at District Request. The District reserves the right to request the return of a temporary construction meter at any time determined 51 of 256 March 18, 2019 Regular Meeting Agenda Packet necessary by the District. Should Stage 2 Drought Restrictions or more stringent restrictions be implemented, all temporary construction meters must be returned within three (3) business days of notification by the District. Failure to promptly return the temporary meter within three business days will result in repossession of the meter and forfeiture of the deposit. Should District personnel be unable to locate the temporary meter for repossession, theft charges will be filed against the meter holder with local law enforcement. Section 1.07 Service Outside the District. The rates and charges stated in this Rate Order are for services to customers and property located within the boundaries of the District. Any service to a customer or property located outside the boundaries of the District shall be granted only upon approval by the Board of Directors of the District. Out of District customers will pay the adopted rates for in district customers plus 15% for both water and sewer base and volumetric rates. For the purpose of customer classification, Trophy Club Park at Lake Grapevine is considered "in -district" and subject to all rates and service provisions related to in -district customers. Section 1.08 Service to New Development and Extension of Facilities. A. New Service Connections and Extension of Facilities. New service connections and extension of facilities must be constructed and installed in accordance with the District's Rules Governing New Service Connections and Extension of Facilities as approved through separate Resolution by the Board of Directors. Applicants for Non -Standard Service must submit all required information and pay all fees prior to conveyance of facilities and service commencement. B. Application Fee for Non -Standard Service. Upon request for non-standard service an application fee of $150 must be submitted. C. Design of Facilities. All water and wastewater facilities to be constructed to extend service to new developments must be designed by a professional engineer licensed in the State of Texas at the applicant's expense. The District must approve the plans and specifications prior to the commencement of construction. At the time of plan review submittal, the applicant must provide payment to the District in the amount of $2,500.00 as deposit for review of each set of plans and specifications reviewed by the District's engineer. The actual final fee for plan review by the District's engineer shall be provided to the applicant upon approval of the plans. If there is a balance due over the $2,500 paid by the applicant at submittal, the balance due shall be paid by the applicant prior to receiving District approval of plans and specifications. District construction plans, and specifications shall be strictly adhered to, but the District reserves the right to change order any specifications, due to unforeseen circumstances during the design or construction of the proposed facilities, or as otherwise authorized by applicable laws, to better facilitate the operation of the facility. All expenses and costs associated with a change order shall be charged to the 52 of 256 March 18, 2019 Regular Meeting Agenda Packet applicant. Service to new developments is subject to available capacity in the District's water and wastewater systems. All new potential developments must seek written approval from the General Manager that capacity is available to serve and may be required to install offsite improvements if capacity is not available with current system infrastructure. D. Inspection Fees. The District will inspect all infrastructure during construction. Inspection fees of $100 per lot must be paid to the District prior to a notice to proceed being issued. A minimum of $500 for inspection fees is required if less than five (5) lots are to be developed. Section 1.09 Water Meter Fees. METER SIZE WATER METER FEE 5/8" $257 1" $343 1-1/2" $725 2" Quoted at Time of Purchase 3" Quoted at Time of Purchase 4" Quoted at Time of Purchase 6" Quoted at Time of Purchase 8" Quoted at Time of Purchase 10" Quoted at Time of Purchase Fees must be received by the District before any connection is installed. A customer seeking service through an oversized connection line or from a meter larger than a one -inch (1") standard meter shall follow the District's policy for new development as outlined in Section 1.07 above. Should approval be granted by the District, the customer agrees to pay the water and sewer rates as outlined in Article II of this Rate Order. Section 1.10. Fort Worth Impact Fee. Each customer requesting an initial connection, shall also pay to the District the applicable City of Fort Worth Impact Fee. Section 1.11. Title to Facilities. Title to all water meters, water and sewer taps, and all other appurtenances, including meter boxes, shall lie in the District. 53 of 256 March 18, 2019 Regular Meeting Agenda Packet ARTICLE II SERVICE RATES Section 2.01. Water Service Rates. The following monthly rates for water service shall be in effect for each separate connection within the District. The base rate for each connection (meter) is calculated upon meter size and will be charged for each residential and commercial meter: (1) Water Rates BASE RATES: METER SIZE MONTHLY BASE RATE 5/8" & 3/4" $17.15 1" $32.23 1.5" $56.94 2" $86.58 3" $155.76 4" $254.59 6" $501.64 VOLUMETRIC RATES: Gallons Used 0 to 6,000 6,001 to 17,000 17,001 to 25,000 25,001 to 50,000 50,001+ (2) Multi -Unit Buildings. Rate per 1000 gallons $3.96 $4.61 $5.34 $6.20 $7.21 Each multi -unit building (apartments, townhomes, business complex, etc.) served by a single 5/8" meter or 1" meter shall be billed the base rate for the meter size servicing the building multiplied by the number of units in the building or complex. 54 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 2.02. Sewer Service Rates. The following monthly rates for the collection and disposal of sewage shall be in effect for each separate connection within the District: Residential Sewer Rates: The District uses winter averaging for the purpose of calculating sewer charges on utility bills. The sewer charges are based on average water consumption for three months (December, January and February billing). The average consumption will be analyzed annually and take effect the first of April each year. New customers will be assigned a default value user charge that is equal to the average winter water use for all residential customers. The winter average used for new residential customer is 7,000 gallons. A customer with a water leak durina the averaging months may request a reduction in the+ sewer usage calculation. Any customer filling a cool after resurfacing. construction or maior repairs during the averaging months may request that their winter average calculation be adiusted. Requests for a reduction in sewer usage calculations must be submitted in writing to the General Manager and have documentation showing the construction or repairs as applicable to the issue. The General Manager or a duly authorized representative may adjust the metered water usage in determining the winter average. To assist in establishing winter averaging sewer rates. customers are encouraged to submit requests for sewer average reductions no later than March 15th. 9 manth the water was used. A resident with a water I ak during thc averaging months may request a rcduction in the sewer usage calculation. Rcgtic Ire in writing to thc General Manager and have documa.lc ch3wiag o.i r'iction or ri,w.!ri a: ap,r!!oable to the ir` is Ths determining the winter average. Te apt in utv�!!s"rg winter averaging sewer rates, Customuru yrs •n'cvvrv,ged to submit requests for sewer average reductions no later than March 15th. A. Residential Sewer Rates: Effective October 1, 2019Aoril 1. 2019 Base Rate: 0 to 4,000 4,001 to 8,000 8,001 to 12,000 12,000+ $ 20.60 $ 3,243.80 $ /1.605.40 $ 6,567.65 $ 910.90 55 of 256 Formatted: Indent: First line: 0.5" March 18, 2019 Regular Meeting Agenda Packet B. Commercial Sewer Rates: Effective October 1, 201gApril 1, 2019 Base Rate: $ 20.60 Volumetric Rate: $ 6.3037/1,000 gallons *Commercial sewer usage is billed based on actual water usage per month C. Multi -Unit Buildings. Each multi -unit building (apartments, townhomes, business complex, etc.) shall be billed the base rate for each meter servicing the building and sewer usage will be billed based on actual water usage per month. Section 2.03 Effluent Charae. The effluent from the District's wastewater treatment plant will be sold pursuant to separate contracts entered into with the District and approved by its Board of Directors. Section 2.04. Master Meter (Cooling Tower Calculation). The water usage from the master meter reading minus the reading from the "Blow Down" meter equals the "evaporation." Water usage less "evaporation" equals sewer usage for billing purposes. Section 2.06. Regulatory Assessment. Pursuant to Section 5.235, Texas Water Code, and 30 TAC 291.76, the District shall collect and pay an annual regulatory assessment fee to the Texas Commission on Environmental Quality ("TCEQ") in the amount required by law on the total charges for retail water and sewer service billed to its customers annually. The regulatory assessment fee will be detailed separately on customer bills. Section 2.07. No Reduced Rates or Free Service. All customers receiving water and/or sewer service from the District shall be subject to the provisions of this Order and shall be charged the rates established in this Order. No reduced rate or free service shall be furnished to any customer whether such user be a charitable or eleemosynary institution, a political subdivision, or municipal corporation; provided, however, this provision shall not prohibit the District from establishing reasonable classifications of customers. ARTICLE III SERVICE POLICY Section 3.01. Security Deposits. Security deposits shall be required as follows: A. Builder's Deposit. A seventy-five dollar ($75.00) security deposit shall be required of builders for each tap made by the District for such service connection, payable at or prior to the time that such tap is made, and the security deposit is 56 of 256 March 18, 2019 Regular Meeting Agenda Packet refundable to the builder when the account is later transferred to an owner if that account and all other accounts of the builder are current at the time of the transfer; but, if that account or any other account of the same builder is not current at the time of such transfer to an owner, then the security deposit shall be applied against the outstanding balance of the builder's account(s) at the time of such transfer. The District shall deduct from the deposit the cost to repair any damage caused to the District's property by the builder or the builder's employees, contractors, subcontractors or agents and shall deduct any delinquent water and sewer service bills of the builder. In the event any amounts are deducted from the builder's deposit, it will be incumbent on the builder to reinstate the original amount of the deposit, and failure to do so will result in the suspension of any additional water taps for the builder. B. Residential Owners. A security deposit of seventy-five ($75.00) shall be required from each residential owner customer for a single-family home connected to the District's system. Upon discontinuation of service, the deposit shall be applied against amounts due, including disconnection fees. C. Commercial Deposits COMMERCIAL DEPOSITS METER SIZE WATER SEWER 3/4' $75 $60 1" $100 $100 1.5" $250 $200 2" $500 $320 3" $1,000 $700 4" $1,800 $1,200 6" $3,750 $2,500 8" $5,400 $3,600 D. Residential Lessees. A security deposit of one -hundred -fifty dollars ($150.00) shall be required from each residential lessee customer for a single-family home. Upon discontinuation of service, the deposit shall be applied against amounts due, including any disconnection fees. E. Construction Meters. See Section 1.06 above. F. Other customers. A security deposit equal to two (2) months estimated average monthly water and sewer bill shall be required of all other customers including commercial and multi -unit accounts. G. Deposits. The District does not pay interest on deposits. The interest drawn by the District on customer deposits is returned into the operating budget of the 57 of 256 March 18, 2019 Regular Meeting Agenda Packet water/sewer fund to help in providing the lowest possible water and sewer rates for our customers. Section 3.02. Billing Procedures. All accounts shall be billed in accordance with the following: A. Due Date and Delinquency. Charges for water and sewer service shall be billed monthly. Payment shall be due on or before the twentieth (20`h) day of the month in the month in which the bill was received. Unless payment is received on or before the twentieth (20`h) day of the month, such account shall be considered delinquent. If the due date falls on a holiday or weekend, the due date for payment purposes shall be the next working day after the due date. The District shall charge a penalty on past due accounts calculated at the rate of fifteen percent (15%) per month on water and sewer charges. The rates for water and sewer service shall depend upon the type of user and upon whether the water used has been chemically treated, as provided in this Rate Order. All accounts not paid by the due date shall be deemed delinquent and failure to make payment thereafter may result in the termination of water and sewer service. B. Notice and Appeal. Prior to termination of service, a customer who is delinquent in payment shall be sent a notice that service will be discontinued on or after the fifteenth (15th) day after the date of such notice unless payment in full is received before by such day disconnection is scheduled. Notice shall be sent by first class United States mail and shall inform the customer of the amount of the delinquent bill, the date service will be disconnected if payment is not made, and of the customer's right to contest, explain, or correct the charges, services, or disconnection. Service shall not be disconnected where a customer has informed the District of his or her desire to contest or explain the bill. If the customer appears before the Board, the Board shall hear and consider the matter and inform the customer of the Board's determination by sending written notice to the customer by first class United States mail stating whether or not service will be disconnected. In the event of a service is disconnected more than two (2) times per calendar year (January through December) for non-payment, an additional Security Deposit of $150.00 will be required for Residential homeowners and $150.00 for Lessees to restore service in addition to a $50.00 service fee, and afterhours re -connection charges if applicable, and any outstanding balance in Arrears will need to be brought current. As set out above in Section 3.01. If payment is not received prior to the date that disconnection has been scheduled, a service charge of $50.00 dollars will be added to the account. Reconnections made outside of the District's normal business hours at the customer's request will be charged at an additional after hour's fee of one -hundred dollars ($100.00). 58 of 256 March 18, 2019 Regular Meeting Agenda Packet C. Business Hours. For purposes of assessing the foregoing charges, "normal" or "regular" business hours shall mean only the hours between 8 a.m. and 5 p.m., Monday through Friday. All other times, including District holidays, are outside of the District's normal business hours and will result in the higher charge. D. Returned Checks and Bank Drafts. A twenty -five -dollar ($25.00) charge will be charged to the customer's account for any check or ACH bank draft returned by the bank. Any amounts due on an account which have been paid with a check or ACH bank draft that has been returned by the bank must be paid in full by cash, cashier's check or money order, including all late charges and returned check charges, within ten (10) days from the day the District mails notice to the customer or otherwise notifies the customer that the check or ACH bank draft has been returned by the bank. E. Same -Day Service. An additional charge of twenty-five dollars ($25.00) shall be made when a customer requests same-day service. As an example, this charge will be implemented upon request by a customer for same-day service to start or terminate water and sewer service or to perform re -reads the same day as requested. F. Accuracy Reading Fee. A meter accuracy reading fee in the amount of ten dollars ($10.00) shall be charged to a customer by the District for each meter accuracy reading made by the District for such customer when the original reading appears to be accurate. If the original meter reading appears to be in error, no fee will be charged. Each customer will be allowed one accuracy meter reading per calendar year at no charge. **Should a customer request that a meter be removed, and bench tested by an outside source, then a fee of one -hundred -twenty-five dollars ($125.00) will be charged to the customer. If the meter fails to meet American Water Works Association standards for in-service meters, then the customer will be given a credit offsetting the amount of the charge. https://www.awwa.orq/publications/journal-awwa/abstract/articleid/34055179.aspx G. Meter Data Logging Fee. Each customer will be allowed one data log at no - cost per fiscal year. A fee of twenty-five dollars ($25.00) shall be charged to a customer by the District for each meter data logging service performed thereafter. Meter data logging service can only be provided during regular business hours. Section 3.03. Entitlement. Water and sewer service shall be provided to customers in accordance with all TCEQ rules covering minimum water and sewer standards. Section 3.04. Unauthorized and Extraordinary Waste. The rates established herein are applicable for Domestic Waste as defined herein. Customers proposing to generate other types of waste will be assessed additional charges as established by the District. Section 3.05. Damaae to District Facilities. 59 of 256 March 18, 2019 Regular Meeting Agenda Packet A. Damage to Meter and Appurtenances. No person other than a duly authorized agent of the District shall tamper with or in any way interfere with a meter, meter box, service line or other water and/or sewer system appurtenance. The District reserves the right, immediately and without notice, to remove the meter or disconnect water service to any customer whose meter has been tampered with and to assess repair charges to the customer, plus a damage fee not to exceed five -thousand dollars ($5,000.00), plus any applicable charge for same day service. The District also reserves the right to file civil and/or criminal charges against any person or entity tampering with the District's public water system and/or sewer system. B. Repair. It shall be the responsibility of each customer to maintain the sewer line including the tap, from the point of connection to the District's sewer system and to the building served. It is the responsibility of the customer to maintain and repair the water service line from the point of connection to the District's water meter. The District reserves the right to repair any damage to the District's System and appurtenances without prior notice and to assess against any customer such penalties as are provided by law and such penalties provided for in this Rate Order in addition to those charges necessary to repair the portion of the System so damaged. C. Video. If at any time a resident/customer wishes to have the District video their sewer line to help the resident determine the condition of their sewer line, the fee will be one -hundred -fifty dollars ($150.00) payable to the District assessed on the next month's bill. Section 3.06. Easements. Before service is established to any customer, the person requesting such service shall grant an easement of ingress and egress to and from the meter(s) for such maintenance and repair as the District, in its judgment, may deem necessary. Section 3.07. Reauired Service. No service will be provided by the District unless the customer agrees to receive both water and sewer service, except that permanent irrigation only meters may receive water service only. Irrigation meters cannot be connected to any building plumbing. Section 3.08. Additional Charaes. In all cases where services are performed, and equipment or supplies are furnished to a party or entity not within the District, the charge to said party or entity shall be the District's cost of providing such services, equipment and/or supplies, plus fifteen percent (15%). This shall not apply to services, equipment and/or supplies furnished by the District under an existing Interlocal Agreement. ARTICLE IV INDUSTRIAL WASTE 60 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 4.01. Industrial Waste Policy. The following policy regarding industrial waste shall be effective: A. Definition. "Industrial waste" shall mean the water -borne solids, liquids, and/or gaseous wastes (including Cooling Water), resulting from any industrial, manufacturing, trade, business, commercial, or food processing operation or process, or from the development of any natural resource, or any mixture of such solids, liquids, or wastes with water or domestic sewage. The Clean Water Act of 1977, as amended, and the General Pretreatment Regulations contained in 40 C.F.R. 403 contain the requirements for user's discharge of industrial waste into wastewater facilities. B. Industrial Waste Discharge, Charges, and Rates. If any customer of the District's sanitary sewer system proposes to discharge industrial waste into such system, the Board of Directors of the District shall request the recommendation of the District Engineer and shall establish rates and charges to provide for an equitable assessment of costs whereby such rates and charges for discharges of industrial waste correspond to the cost of waste treatment, taking into account the volume and strength of the industrial, domestic, commercial waste, and all other waste discharges treated and techniques of the treatment required. Such rates shall be an equitable system of cost recovery which is sufficient to produce revenues, in proportion to the percentage of industrial wastes proportionately relative to the total waste load to be treated by the District for the operation and maintenance of the treatment works, for the amortization of the District's indebtedness for the cost as may be necessary to assure adequate waste treatment on a continuing basis. C. Pretreatment. The Board of Directors of the District shall rely upon the recommendation of the District Engineer and shall require pretreatment of any industrial waste that would otherwise be detrimental to the treatment works or to its proper and efficient operation and maintenance or will otherwise prevent the entry of such industrial waste into the treatment plant. ARTICLE V ENFORCEMENT/CIVIL PENALTIES Section 5.01. Enforcement. A. Civil Penalties. The Board hereby imposes the following civil penalties for breach of any rule of the District: The violator shall pay the District twice the costs the District has sustained due to the violation up to ten -thousand dollars ($10,000.00). A penalty under this Section is in addition to any other penalty provided by the laws of this State and may be enforced by complaints filed in the appropriate court of 61 of 256 March 18, 2019 Regular Meeting Agenda Packet jurisdiction in the county in which the District's principal office or meeting place is located. If the District prevails in any suit to enforce its rules, it may, in the same action, recover any reasonable fees for attorneys, expert witnesses, and other costs incurred by the District before the court. The court shall fix the amount of the attorneys' fees. B. Liability for Costs. Any person violating any of the provisions of this Order and/or the rules and regulations governing water and sanitary sewer facilities, service lines, and connections shall become liable to the District for any expense, loss or damage occasioned by the District by reason of such violation, and enforcement thereof shall be in accordance with Paragraph A of Section 5.01 of this Order. Section 5.02. Non -waiver. The failure on the part of the District to enforce any section, clause, sentence, or provision of this Order shall not constitute a waiver of the right of the District later to enforce any section, clause, sentence, or provision of this Order. Section 5.03. Appeal. Any determination by the District of any dispute regarding the terms and provisions of this order may be appealed to the Board of Directors of the District, which shall conduct a hearing on the matter. The District shall provide the customer with information regarding appeals and hearing procedures upon the customer's request. ARTICLE VI MISCELLANEOUS Section 6.01. Amendments. The Board of the District has and specifically reserves the right to change, alter or amend any rate or provision of this Order at any time. Section 6.02. Severabilitv. The provisions of this Order are severable, and if any provision or part of this Order or the application thereof to any person or circumstance shall ever be held by any court of competent jurisdiction to be invalid or unconstitutional for any reason, the remainder of this Order and application of such provision or part of this Order shall not be affected thereby. ARTICLE VII REPEAL OF PREVIOUS ORDERS This Rate Order shall be known as the "20189-0917318A Rate Order" (Order No. 20189- 0917318A) of the District. All previous Orders adopted by the Board of Directors pertaining to the subject matter hereof are each hereby repealed in their entirety as of the effective date hereof. 62 of 256 March 18, 2019 Regular Meeting Agenda Packet ARTICLE VIII EFFECTIVE DATE This Order shall be effective on October—April 1, 20189. ARTICLE IX PUBLIC MEETING It is hereby found that the meeting at which this Order is adopted is open to the public as required by law, and that public notice of the time, place, and subject matter of said meeting and of the proposed adoption of this Order was given as required by law. ADOPTED AND APPROVED this 17th 18th day of September--201-8March. 2019. Gregory Wilson, President Board of Directors William RosoSteve Flynn, Vice PresidcntSecretarv/Treasurer Board of Directors Laurie Slaght, District Sccrctary (SEAL) 63 of 256 S&P Global Ratings March 12, 2019 Trophy Club Municipal Utility District #1 100 Municipal Drive Trophy Club, TX 76262 Attention: Mr. Steven Krolczyk, Finance Manager March 18, 2019 Regular Meeting Agenda Packet 500 North Akard Street Ross Tower, Suite 3200 Dallas, TX 75201 tel (214) 871-1400 reference no.: 1560009 Re: US$7,200,000 Trophy Club Municipal Utility District NO. 1, Texas, Water And Sewer System Revenue Bonds, Series 2019, dated: March 15, 2019, due: September 01, 2049 Dear Mr. Krolczyk: Pursuant to your request for an S&P Global Ratings rating on the above -referenced obligations, S&P Global Ratings has assigned a rating of "AA-" . S&P Global Ratings views the outlook for this rating as stable. A copy of the rationale supporting the rating is enclosed. 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PF Ratings U.S. (4/28/16) Page 1 4 67 of 256 S&P Global Ratings March 18, 2019 Regular Meeting Agenda Packet RatingsDi rect® Summary: Trophy Club Municipal Utility District No.1, Texas; Water/Sewer Primary Credit Analyst: John Schulz, Des Moines (1) 303-721-4385; john.schulz@spglobal.com Secondary Contact: Edward R McGlade, New York (1) 212-438-2061; edward.mcglade@spglobal.com Table Of Contents Rationale Outlook WWW.STANDARDANDPOORS.COM/RATIN GoSDIHEECT MARCH 12, 2019 1 March 18, 2019 Regular Meeting Agenda Packet Summary: Trophy Club Municipal Utility District No.1, Texas; Water/Sewer Credit Profile US$7.2 mil wtr and swr sys rev bnds ser 2019 dtd 03/15/2019 due 09/01/2049 Long Term Rating AA -/Stable Trophy Club Mun Util Dist #1 WTRSWR Long Term Rating AA -/Stable New Affirmed Rationale S&P Global Ratings has assigned its 'AA-' long-term rating to Trophy Club Municipal Utility District (MUD) No. 1, Texas' series 2019 water and sewer system revenue bonds. At the same time, S&P Global Ratings affirmed its 'AA-' long-term rating on the district's parity debt. The outlook is stable. The very strong enterprise risk profile reflects our view of the district system's: • Strong economic indicators, as evident with median household median income level at 139% of the national average; • Very low industry risk as a monopolistic service provider of an essential public utility; • Moderate rates based on the average residential bill, with average poverty rates; and • Good operational management assessment (OMA). The very strong financial risk profile reflects our view of the district system's: • Strong all -in debt service coverage (DSC) when looking at the district as a whole; • Good liquidity levels however on low nominal levels; • Limited capital needs following the expansion of the wastewater treatment facility; and • Standard financial management assessment (FMA). The municipal utility district (MUD) will use bond proceeds to make water system capacity improvement projects and cost over runs from the 2016 wastewater treatment facility project. A net revenue pledge of district's water and sewer system secures the series 2019 bonds, which are on parity with the series 2015 and 2016 bonds. The total existing revenue debt is approximately $19.7 million as of fiscal 2018 when including the proposed 2019. We consider bond provisions adequate. They include a 1.2x average annual debt service (MADS) additional bonds test WWW.STANDARDANDPOORS.COM/RATINGSDIRECT 69 of 256 MARCH 12, 2019 2 March 18, 2019 Regular Meeting Agenda Packet Summary: Trophy Club Municipal Utility District No.1, Texas; Water/Sewer and a 1.1x DSC rate covenant. In addition, the resolution calls for a reserve fund equal to the average annual debt service for the bonds. Enterprise Risk The district spans approximately 2,280 acres in southern Denton County and northern Tarrant County and includes portions of the towns of Trophy Club and Westlake. The population is estimated at 7,800 and residents have good access to employment opportunities throughout the Dallas -Fort Worth metropolitan statistical area (MSA). The MUD also serves the Solana Business Complex. In 2018, there were about 4,723 active water accounts. Income levels in Denton County were 139% of the national average in 2017, which we view as extremely strong, offset by being on the outside MSA and the size of the utility as described in our criteria. For residential customers, the district indicated the average water bill is $98.27 based on roughly a 7,050 -gallon bill. As a percentage of median household effective buying income, the 7,050 -gallon water and sewer bill is about 2.08%, which we consider about average. The county's poverty rate is 13.4%, which we consider average. The district typically reviews its rates annually, maintains rate autonomy, with rate history discussed below in the OMA paragraph. Consistent with "Methodology: Industry Risk," published Nov. 19, 2013, we consider industry risk for the water system to be very low or '1', the most favorable assessment possible on a six- point scale. Based on our OMA we view the water system as a '3' on a six -point scale with '1' being the strongest. An assessment of good, in our view, implies generally good alignment between the system's operational characteristics. The district, which was created in 2009 through the consolidation of two existing utility districts, obtains water from four wells and via a pipeline connected to Fort Worth's water system. The majority of treated water is supplied from Fort Worth under a long-term contract. The contract is set to expire in 2031 and has no limits on the amount of water purchased. Wastewater is treated at a city -owned facility capable of treating 1.75 million gallons per day, which is sufficient for average daily demand and peak demand levels of 0.97 mgd and 1.24 mgd, respectively. Management reviews rates annually as the district last changed water rates in 2016 and has adjusted wastewater rates every year since 2016, with 2016 being the largest rate increase of 25% (combined) to support the series 2015 and 2016, and the lowest 1.7% based on a 6,000 -gallon bill. Financial Risk The district's finances remain stable and generally strong. Like most municipal utility districts in the state, the district charges for water and wastewater service, but also levies a property tax. Property tax revenue, however, are not pledged to the repayment of these bonds. Since pledged revenue are not bifurcated in the audit to see the flow of pledged revenue we choose to look at the entire general fund since tax revenue are not large enough to support fire expenses, non -departmental expenses, and taxed back debt. Additionally, most of the taxed backed debt was issued to support water and sewer capital projects. In our assessment of all -in DSC we allocate debt from the district's water wholesaler based on system demand as a fixed charge or treat it as debt -like in nature. The fixed charge we calculated averaged roughly $2.4 million over the past four years that we remove as an expense and add to debt as described in our criteria. In conclusion, our assessment of all -in DSC will differ from coverage outlined in the bond documents as S&P Global Ratings evaluates utilities financial sustainability to incorporate reoccurring revenue and expenses. In fiscal 2018, the district's all -in DSC was 1.6x, which we consider extremely to very strong. Prior to fiscal 2018, all -in DSC has WWW.STANDARDANDPOORS.COM/RATINGSDIRECT 70 of 256 MARCH 12, 2019 3 March 18, 2019 Regular Meeting Agenda Packet Summary: Trophy Club Municipal Utility District No.1, Texas; Water/Sewer ranged from 1.02x to 1.6x since 2011. We don't foresee any material changes to the financial picture based on our internal projections when including the series 2019, but an unexpected change in revenue or expenses could alter this assessment. Liquidity has grown over the past three fiscal years to what we view as good, although it is nominally weaker than some peers in the 'AA-' rating category. Unrestricted cash and investments have grown to roughly 513 days' cash on hand or $7.4 million in fiscal 2018 from 137 days or $1.9 million in fiscal 2016. Officials intend to maintain good unrestricted cash going forward and have formal reserve policy that management is in the process of being updated in 2019. The district identified a five-year $1.4 million of capital needs and maintenance projects funded by system revenue with an emphasis on the short-term and projects maintenance projects after fiscal 2019. The district's leverage position is moderate (when incorporating all of its debt with its net position) and, in our opinion, based on a debt -to -capitalization ratio of 56%, including the series 2019. In addition, the district is a part of the Group Term Life program for the Texas County & District Retirement System for its pension plan, and as of 2018 had a 106% net position as a percentage of the total liability. Based on our financial management assessment (FMA), we view the district as a '4' on a six- point scale, with '1' being the strongest. A FMA of standard indicates we deem financial practices good for the size of the utility, but not comprehensive. The district reviews its budget annually and uses and reports to the board. The district does not produce financial projections beyond the annual budget. The district follows an investment policy and reserve policy. Those strengths are partly offset by the absence of financial forecasting or a formal debt management policy. Management also produces annual audited financial statements that comply with generally accepted accounting principles (GAAP). Additionally, the district does not bifurcate pledged funds, which we view as a negative for our transparency assessment of the FMA. Outlook The outlook is stable, reflecting our expectation for net revenue to result in strong debt service coverage and maintenance of good liquidity. The MUD's mature status of development will likely limit any significant debt -supported capital needs beyond the wastewater plant expansion. Downside scenario Conversely, if liquidity or all -in DSC is stressed to levels we deem not commensurate with the current rating, we could maintain or lower the rating, depending on the severity. Upside scenario We could raise the rating if polices are codified and utility funds are bifurcated similar to peers at the higher rating category to support the stability and transparency. Additional rate increases do not outpace economic growth. Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such criteria. WWW.STANDARDANDPOORS.COM/RATINGSDIRECT 71 of 256 MARCH 12, 2019 4 March 18, 2019 Regular Meeting Agenda Packet Summary: Trophy Club Municipal Utility District No.1, Texas; Water/Sewer Please see Ratings Criteria at www.standardandpoors.com for further information. Complete ratings information is available to subscribers of RatingsDirect at www.capitaliq.com. All ratings affected by this rating action can be found on S&P Global Ratings' public website at www.standardandpoors.com. 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WWW.STANDARDANDPOORS.COM/RATINGSDIRECT MARCH 12, 2019 6 73 of 256 THE STATE OF TEXAS March 18, 2019 Regular Meeting Agenda Packet CERTIFICATE FOR ORDER § § COUNTIES OF DENTON AND TARRANT § I, the undersigned officer of the Board of Directors of Trophy Club Municipal Utility District No. 1 hereby certify as follows: 1. The Board of Directors of Trophy Club Municipal Utility District No. 1 convened in a regular meeting on March 18, 2019 at the regular meeting place inside the boundaries of the District, and the roll was called of the duly constituted officers and members of the Board, to -wit: Gregory Wilson President William C. Rose Vice President Stephen J. Flynn Secretary/Treasurer Kelly Castonguay Director Mark A. Chapman Director and all of said persons were present except , thus constituting a quorum. Whereupon, among other business, the following was transacted at the meeting: a written ORDER AUTHORIZING THE ISSUANCE OF $7,200,000 TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 WATER AND SEWER SYSTEM REVENUE BONDS, SERIES 2019; PRESCRIBING THE TERMS AND PROVISIONS THEREOF; MAKING PROVISION FOR THE PAYMENT OF THE INTEREST THEREON AND THE PRINCIPAL THEREOF; AUTHORIZING THE SALE OF THE BONDS; APPROVING A PAYING AGENT/REGISTRAR AGREEMENT, ESCROW AGREEMENT AND PRELIMINARY OFFICIAL STATEMENT; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT was introduced for the consideration of the Board. It was then duly moved and seconded that the Order be adopted; and, after due discussion, the motion, carrying with it the adoption of the Order, prevailed and carried by the following vote: Ayes: Nays: Abstentions: (2) That a true, full and correct copy of the aforesaid Order was adopted at the meeting described in the above and foregoing paragraph is attached to and follows this certificate; that the Order has been duly recorded in the Board's minutes of the meeting; that the persons named in the above and foregoing paragraph are the duly chosen, qualified and acting officers and members of the Board as indicated therein; that each of the officers and members of the Board was duly and sufficiently notified officially and personally, in advance, of the time, place and purpose of the aforesaid meeting, that the Order would be introduced and considered for adoption at the meeting, and each of the officers and members consented, in advance, to the holding of the meeting for such purpose; that the meeting was open to the 74 of 256 March 18, 2019 Regular Meeting Agenda Packet public as required by law; and that public notice of the time, place and subject of the meeting was given as required by Chapter 551, Texas Government Code, and Section 49.063, Texas Water Code. SIGNED AND SEALED on this day of , 2019. (SEAL) Secretary/Treasurer, Board of Directors 75 of 256 March 18, 2019 Regular Meeting Agenda Packet ORDER AUTHORIZING THE ISSUANCE OF $7,200,000 TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 WATER AND SEWER SYSTEM REVENUE BONDS, SERIES 2019; PRESCRIBING THE TERMS AND PROVISIONS THEREOF; MAKING PROVISION FOR THE PAYMENT OF THE INTEREST THEREON AND THE PRINCIPAL THEREOF; AUTHORIZING THE SALE OF THE BONDS; APPROVING A PAYING AGENT/REGISTRAR AGREEMENT, ESCROW AGREEMENT AND PRELIMINARY OFFICIAL STATEMENT; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT Adopted: March 18, 2019 76 of 256 March 18, 2019 Regular Meeting Agenda Packet ORDER NO. 2019-0318B ORDER AUTHORIZING THE ISSUANCE OF $7,200,000 TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 WATER AND SEWER SYSTEM REVENUE BONDS, SERIES 2019; PRESCRIBING THE TERMS AND PROVISIONS THEREOF; MAKING PROVISION FOR THE PAYMENT OF THE INTEREST THEREON AND THE PRINCIPAL THEREOF; AUTHORIZING THE SALE OF THE BONDS; APPROVING A PAYING AGENT/REGISTRAR AGREEMENT, ESCROW AGREEMENT AND PRELIMINARY OFFICIAL STATEMENT; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT THE STATE OF TEXAS COUNTIES OF DENTON AND TARRANT § § § § ARTICLE I STATUTORY AUTHORITY, RECITALS AND FINDINGS WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is a conservation and reclamation district, a body corporate and politic and governmental agency of the State of Texas, created as a municipal utility district pursuant to Article 16, Section 59, of the Texas Constitution by order of the Texas Commission on Environmental Quality ("TCEQ"), the successor in interest to the Texas Water Commission (collectively, the "Commission"), and the District operates pursuant to Chapters 49 and 54 of the Texas Water Code, as amended (the "Act"); and WHEREAS, the District is authorized under the Act to issue its revenue bonds for the purpose of purchasing, constructing, acquiring, owning, operating, repairing, improving, or extending inside or outside its boundaries any District works, improvements, facilities, plants, equipment, and appliances consistent with the purposes for which the District exists, including to provide a waterworks system, sanitary sewer system, drainage system and water quality system for the District, or to make payment of sums due or to become due under contracts for such purposes; WHEREAS, the Board deems it to be in the best interests of the District to authorize the issuance of its Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019, in an original principal amount of $7,200,000 (the "Bonds") pursuant to the authorization set forth in the Act for the purposes hereinafter provided. IT IS, THEREFORE, ORDERED BY THE BOARD OF DIRECTORS OF TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 THAT: 77 of 256 March 18, 2019 Regular Meeting Agenda Packet ARTICLE II DEFINITIONS, FINDINGS AND INTERPRETATION Section 2.1 Definitions. For all purposes of this Order, unless the context requires a different meaning or except as otherwise expressly provided, the following terms shall have the meanings assigned to them below: "Additional Parity Obligations" means revenue bonds or other evidences of indebtedness which the District reserves the right to issue or enter into, as the case may be, in the future in accordance with the terms and conditions provided in Section 10.1 hereof and which are equally and ratably secured by a lien on and pledge of the Pledged Revenues. "Authorized Investments" shall mean all direct or indirect obligations of the United States or one of its agencies, the State, any county, city, school district or other political subdivision of the State and certificates of deposit of state or national banks or savings and loan associations within the State; provided that any such certificates of deposit are secured by direct or indirect obligations of the United States or one of its agencies having a market value equal to the face amount of such certificate of deposit to the extent any portion of the face amount is not insured by the Federal Deposit Insurance Corporation. "Average Annual Debt Service Requirements" means that average amount which, at the time of computation, will be required to pay the Debt Service Requirement on all outstanding Bonds and Additional Parity Obligations when due (either at Stated Maturity or mandatory redemption) and derived by dividing the total of such Debt Service Requirement by the number of Fiscal Years then remaining before Stated Maturity of such Bonds and Additional Parity Obligations. For purposes of this definition, a fractional period of a Fiscal Year shall be treated as an entire Fiscal Year. Capitalized interest payments provided from bond proceeds and accrued interest on the Parity Revenue Obligations be excluded in making the aforementioned computation. "Bonds" shall mean the Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019 issued and delivered pursuant to this Order and all substitute Bonds and Bonds exchanged therefor, as well as all other substitute bonds and replacement bonds issued pursuant hereto, and the term "Bond" shall mean any of the Bonds. "Bond Date" shall mean March 15, 2019. "Bondholder" or "Holder" when used with respect to any Bond shall mean the Person in whose name such Bond is registered on the Register. "Business Day" means any day which is not a Saturday, Sunday or a day on which the Paying Agent/Registrar is authorized by law or executive order to remain closed or a legal holiday. "Closing Date" shall mean the date on which the Bonds are initially authenticated and delivered to the Purchaser against payment therefor which shall also be the date the Definitive Bonds are delivered in exchange for the Initial Bond. "Code" shall mean the Internal Revenue Code of 1986, as amended by any amendments thereto enacted prior to the Closing Date. "Commission" means the Texas Commission on Environmental Quality. 78 of 256 March 18, 2019 Regular Meeting Agenda Packet "Construction Fund" means the Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019, Construction Fund established by Section 9.1 of this Order. "Debt Service Requirements" means as of any particular date of computation, with respect to any obligations and with respect to any period, the aggregate of the amounts to be paid or set aside by the District as of such date or in such period for the payment of the principal of, premium, if any, and interest (to the extent not capitalized) on such obligations; assuming, in the case of obligations without a fixed numerical rate, that such obligations bear interest calculated by assuming (i) that the interest rate for every 12 -month period on such bonds is equal to the rate of interest reported in the most recently published edition of The Bond Buyer (or its successor) at the time of calculation as the "Revenue Bond Index" or, if such Revenue Bond Index is no longer being maintained by The Bond Buyer (or its successor) at the time of calculation, such interest rate shall be assumed to be 80% of the rate of interest then being paid on United States Treasury obligations of like maturity and (ii) that the principal of such bonds is amortized such that annual debt service is substantially level over the remaining stated life of such bonds, and further assuming in the case of obligations required to be redeemed or prepaid as to principal prior to Stated Maturity, the principal amounts thereof will be redeemed prior to Stated Maturity in accordance with the mandatory redemption provisions applicable thereto. "Definitive Bonds" shall mean the Initial Bond, as may be transferred and converted into or exchanged for fully registered Bonds in the denomination of $5,000 or any integral multiple of $5,000 in excess thereof. "Depository Bank" means any financial institution duly designated by the Board of Directors of the District to serve as a depository for funds controlled by the Board of Directors of the District. "District" shall mean Trophy Club Municipal Utility District No. 1. "Escrow Agent" shall have the meaning set forth in Section 8.1 hereof. "Escrow Agreement" shall mean the agreement between the District and the Escrow Agent referred to in Section 8.1 hereof. "Event of Default" means any event of default as provided in Section 15.1 hereof. "Existing Obligations" means the Outstanding Series 2015 Bonds and the Series 2016 Bonds. "Fiscal Year" means the twelve month accounting period used by the District in connection with the operation of the System which may be any twelve consecutive month period established by the District. "Governmental Obligations" (i) direct noncallable obligations of the United States of America, including obligations the principal of and interest on which are unconditionally guaranteed by the United States of America, (ii) noncallable obligations of an agency or instrumentality of the United States, including obligations unconditionally guaranteed or insured by the agency or instrumentality and on the date of their acquisition or purchase by the District are rated as to investment quality by a nationally recognized investment rating firm not less than AAA or its equivalent, (iii) noncallable obligations of a state or an agency or a county, municipality, or other political subdivision of a state that have been refunded and on the date of their acquisition or purchase by the District, are rated as to investment quality by a nationally recognized investment rating firm not less than AAA or its equivalent and (iv) any other then authorized securities or 79 of 256 March 18, 2019 Regular Meeting Agenda Packet obligations under applicable law that may be used to defease obligations such as the Bonds. "Gross Proceeds" means any proceeds as defined in Section 1.148-1(b) of the Regulations, and any replacement proceeds as defined in Section 1.148-1(c) of the Regulations, of the Bonds. "Gross Revenues" means all income, receipts and revenues of every nature derived or received from the operation and ownership (excluding refundable meter deposits, restricted gifts and grants in aid of construction) of the System, including earnings and income derived from the investment or deposit of moneys in any special funds or accounts created and established for the payment and security of the Parity Revenue Obligations. "Initial Bond" shall mean the Bond authorized to be issued hereunder which has the registration certificate, executed on behalf of the Comptroller of Public Accounts of the State of Texas, as contemplated by Section 3.5(d) hereof. "Interest and Sinking Fund" means the fund created or affirmed by Section 9.1 of this Order. "Interest Payment Date" shall mean with respect to any installment of interest on any Bond the date specified in such Bond as the fixed date on which any such installment of interest is due and payable. "Maintenance and Operating Expenses" means all current expenses of operating and maintaining the System, including all salaries, labor, materials, repairs and extensions necessary to render efficient service; provided, however, that only such repairs and extensions, as in the judgment of the Board of Directors, reasonably and fairly exercised, are necessary to maintain the operations and render adequate service to the District and the inhabitants thereof, or such as might be necessary to meet some physical accident or condition which would otherwise impair obligations payable from Net Revenues shall be deducted in determining "Net Revenues". Depreciation charges shall not be considered Maintenance and Operating Expenses. Maintenance and Operating Expenses shall include payments under contracts for the purchase of water supply or other materials, goods, services, or facilities for the System to the extent authorized by law and the provisions of such contract. "Maturity Date" or "Maturity" when used with respect to any Bond shall mean the date on which the principal of such Bond becomes due and payable as therein provided, whether at the Stated Maturity, by call for redemption or otherwise. "Net Earnings" shall have the meaning assigned to such term in Section 10.1. "Net Revenues" and "Net Revenues of the System" mean all of the revenues of every kind and nature received through the operation of the System, less Maintenance and Operating Expenses, including salaries, labor, materials, repairs and extensions necessary to render efficient service; provided, however, that only such repairs and extensions as in the judgment of the Board, reasonably and fairly exercised, are necessary to keep the System in operation and render adequate service to the District and the inhabitants thereof, or such as might be necessary to meet some physical accident or condition which would otherwise impair the security of the Bond or the Additional Parity Obligations shall be deducted in determining "Net Revenues". "Order" shall mean this order authorizing the issuance of the Bonds. "Outstanding" shall mean, with respect to Bonds or Parity Revenue Obligations means, as of the 80 of 256 March 18, 2019 Regular Meeting Agenda Packet date of determination, all Bonds theretofore issued and delivered, except: (1) those Bonds or Parity Revenue Obligations cancelled by the Paying Agent/Registrar or delivered to the Paying Agent/Registrar for cancellation; (2) those Bonds or Parity Revenue Obligations paid or deemed to be paid in accordance with the provisions of Section 17.1 hereof, or substantially similar provisions with respect to Parity Revenue Obligations; and (3) those Bonds or Parity Revenue Obligations that have been mutilated, destroyed, lost, or stolen and replacement Bonds have been registered and delivered in lieu thereof as provided in Section 3.10 hereof or similar provisions with respect to Parity Revenue Obligations. "Parity Revenue Obligations" means, collectively, the Bonds, the Existing Obligations, and any Additional Parity Obligations. "Paying Agent/Registrar Agreement" shall mean the agreement between the District and the Paying Agent/Registrar referred to in Section 5.2 pursuant to which the Paying Agent/Registrar will perform the duties required hereunder. "Paying Agent/Registrar" shall mean BOKF, NA, Dallas, Texas, until a successor Paying Agent/Registrar shall have been appointed pursuant to the applicable provisions of this Order, and thereafter "Paying Agent/Registrar" shall mean such successor Paying Agent/Registrar. "Person" shall mean any individual, corporation, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, or government or any agency or political subdivision thereof. "Place of Payment" shall mean the designated office of the Paying Agent/Registrar in Dallas, Texas. "Pledged Revenues" shall mean the Net Revenues of the District's System. "Predecessor Bonds" of any particular Bond shall mean every previous Bond evidencing all or a portion of the same debt as that evidenced by such particular Bond, and, for purposes of this definition, any Bond registered and delivered under Section 3.10 in lieu of a mutilated, lost, destroyed or stolen Bond shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Bond. "Project" shall mean the design and construction of water transmission line improvements and acquisition of related real property interests, and the design and construction of improvements to the District's wastewater treatment facilities. "Purchaser" shall mean "Record Date" for the interest payable on any Interest Payment Date shall mean the close of business on the fifteenth day of the month preceding such Interest Payment Date. "Redemption Date" when used with respect to any Bond to be redeemed shall mean the date fixed for such redemption pursuant to the terms of this Order. 81 of 256 March 18, 2019 Regular Meeting Agenda Packet "Redemption Price" when used with respect to any Bond to be redeemed shall mean the price at which such Bond is to be redeemed pursuant to the terms of this Order, excluding installments of interest, the Interest Payment Date for which is on or before the Redemption Date. "Register" shall have the meaning stated in Section 3.7 hereof. "Regulations" shall mean the temporary or final Income Tax Regulations applicable to the Bonds issued pursuant to sections 103 and 141 through 150 of the Code. Any reference to a section of the Regulations shall also refer to any successor provision to such section hereafter promulgated by the Internal Revenue Service pursuant to sections 103 and 141 through 150 of the Code and applicable to the Bonds. "Representation Letter" shall mean the Letter of Representations between the District and the DTC. "Required Reserve" shall mean the amount which is equal to the Average Annual Debt Service of the Outstanding Parity Revenue Obligations. "Reserve Fund" means the fund created or affirmed by Section 9.1 of this Order. "Revenue Fund" means the Trophy Club Municipal Utility District No. 1 Revenue Fund heretofore created and affirmed by Section 9.1 of this Order. "Rule" shall mean SEC Rule 15c2-12, as amended from time to time. "Series 2015 Bonds" shall mean the $9,230,000 Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2015. "Series 2015 Order" shall mean the order of the District that authorized the issuance of the Series 2015 Bonds. "Series 2016 Bonds" shall mean the $4,635,000 Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2016. "Series 2016 Order" shall mean the order of the District that authorized the issuance of the Series 2016 Bonds. "Special Payment Date" shall have the meaning stated in Section 3.4 hereof. "Special Record Date" shall have the meaning stated in Section 3.4 hereof. "Stated Maturity" when used with respect to any Bond shall mean the date specified in such Bond as the fixed date on which the principal of such Bond is due and payable. "Subordinate Lien Obligations" means the bonds permitted to be issued by the District pursuant to Section 10.3 of this Order. "System" means the District's water and sewer system, including all present and future extensions, additions, replacements and improvements thereto. 82 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 2.2 "TCEQ" means the Texas Commission on Enivornmental Quality.Findings. The declarations, determinations and findings declared, made and found in the preamble to this Order are hereby adopted, restated and made a part of the operative provisions hereof. Section 2.3 Table of Contents, Titles and Headings. The table of contents, titles and headings of the Articles and Sections of this Order have been inserted for convenience of reference only and are not to be considered a part hereof and shall not in any way modify or restrict any of the terms or provisions hereof and shall never be considered or given any effect in construing this Order or any provision hereof or in ascertaining intent, if any question of intent should arise. Section 2.4 Interpretation. (a) Unless the context requires otherwise, words of the masculine gender shall be construed to include correlative words of the feminine and neuter genders and vice versa, and words of the singular number shall be construed to include correlative words of the plural number and vice versa. (b) This Order and all the terms and provisions hereof shall be liberally construed to effectuate the purposes set forth herein to sustain the validity of this Order. ARTICLE III AUTHORIZATION; GENERAL TERMS AND PROVISIONS REGARDING THE BONDS Section 3.1 Authorization and Purpose. The District's Bonds to be designated "Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019" are hereby authorized to be issued and delivered in accordance with the Constitution and laws of the State of Texas, particularly Section 59 of Article XVI of the Constitution of Texas and Chapters 49 and 54 of the Texas Water Code, as amended. The Bonds shall be issued in the aggregate principal amount of SEVEN MILLLION TWO HUNDRED THOUSAND AND NO/100 DOLLARS ($7,200,000) for the purpose of paying the costs of issuing the Bonds and financing the costs of the Project, all under and in strict conformity with the Constitution and laws of the State of Texas. Section 3.2 Dates, Numbers and Denomination. The Bonds shall be dated the Bond Date. The Bonds shall be numbered R-1 upward and shall be in denominations of principal equal to $5,000 or any integral multiples thereof. Section 3.3 Interest Rates and Maturity of the Bonds. (a) The Bonds shall mature on September 1 in each of the years and in the amounts, respectively, set forth below. Such bonds shall bear interest from the Closing Date at the following per annum rates: MATURITY SCHEDULE STATED PRINCIPAL INTEREST MATURITY AMOUNT ($) RATE (%) 2021 105,000 2022 115,000 83 of 256 March 18, 2019 Regular Meeting Agenda Packet 2023 120,000 2024 125,000 2025 130,000 2026 140,000 2027 145,000 2028 155,000 2029 165,000 2030 175,000 2031 180,000 2032 190,000 2033 200,000 2034 215,000 2035 225,000 2036 235,000 2037 250,000 2038 265,000 2039 280,000 2040 295,000 2041 310,000 2042 325,000 2043 345,000 2044 365,000 2045 385,000 2046 405,000 2047 430,000 2048 450,000 2049 475,000 (b) Said interest shall be calculated on the basis of a 360 -day year composed of twelve 30 -day months and shall be payable semi-annually on March 1 and September 1 of each year, commencing March 1, 2020, until maturity or redemption of the pertinent Bond. Section 3.4 Medium, Method and Place of Payment. (a) The District will duly and punctually pay the principal of and interest on the Bonds in accordance with their terms in lawful money of the United States of America and shall deposit with the Paying Agent/Registrar on or before each Interest Payment Date funds sufficient to pay the principal of and interest on the Bonds then due, as provided in this Section. (b) Interest on the Bonds shall be paid to the Holders thereof as shown in the Register at the close of business on the Record Date by check (dated as of the Interest Payment Date) and sent by the Paying Agent/Registrar to the person entitled to such payment, first class United States mail, postage prepaid, to the address of such person as it appears in the Register, or by such other customary banking 84 of 256 March 18, 2019 Regular Meeting Agenda Packet arrangements acceptable to the Paying Agent/Registrar and the person to whom interest is paid; provided, however, that such person shall bear all risk and expense of such other customary banking arrangement. (c) The principal of each Bond shall be paid to the Bondholder on the due date (whether at the Stated Maturity or the date of prior redemption thereof) upon presentation and surrender of such Bond at the Place of Payment. (d) If the specified date for any payment of principal (or Redemption Price) of or interest on the Bonds shall be a Saturday, Sunday, or legal holiday or equivalent (other than a moratorium) for banking institutions generally in the city in which the Place of Payment is located, such payment may be made on the next succeeding day which is not one of the foregoing days without additional interest and with the same force and effect as if made on the specified date for such payment. (e) In the event of nonpayment of interest on a Bond on an Interest Payment Date and for thirty (30) days thereafter, a new record date for such interest payment (a "Special Record Date") will be established by the Paying Agent/Registrar, if and when funds for the payment of such interest have been received from the District. Notice of the Special Record Date and of the scheduled payment date of the past due interest (the "Special Payment Date" that shall be fifteen (15) days after the Special Record Date) shall be sent at least five business days prior to the Special Record Date by United States mail, first class, postage prepaid, to the address of each Holder of a Bond appearing on the books of the Paying Agent/Registrar at the close of business on the last business day of the month next preceding the date of mailing of such notice. (f) Unclaimed payments shall be segregated in a special escrow account and held in trust, uninvested by the Paying Agent/Registrar, for the account of the Holder of the Bonds to which the unclaimed payments pertain. Subject to Title 6 of the Texas Property Code, payments remaining unclaimed by the Holders entitled thereto for three years after the applicable payment or redemption date shall be applied to the next payment or payments on the Bonds thereafter coming due and, to the extent any such money remains after the retirement of all outstanding Bonds, shall be paid to the District to be used for any lawful purpose related to the System. Thereafter, neither the District, the Paying Agent/Registrar nor any other person shall be liable or responsible to any Holders of such Bonds for any further payment of such unclaimed moneys or on account of any such Bonds, subject to Title 6 of the Texas Property Code. Section 3.5 Execution and Registration of Bonds. (a) The Bonds shall be executed on behalf of the District by the President and Secretary/Treasurer of the Board, by their manual or facsimile signatures, and the official seal of the District shall be impressed or placed in facsimile thereon. Such facsimile signatures on the Bonds shall have the same effect as if each of the Bonds had been signed manually and in person by each of said officers, and such facsimile seal on the Bonds shall have the same effect as if the official seal of the District had been manually impressed upon each of the Bonds. (b) In the event that any officer of the District whose manual or facsimile signature appears on the Bonds ceases to be such officer before the authentication of such Bonds or before the delivery thereof, such manual or facsimile signature nevertheless shall be valid and sufficient for all purposes as if such officer had remained in such office. (c) Except as provided below, no Bond shall be valid or obligatory for any purpose or be entitled to any security or benefit of this Order unless and until there appears thereon the Certificate of Paying Agent/Registrar substantially in the form provided herein, duly authenticated by manual execution by an officer or duly authorized signatory of the Paying Agent/Registrar. It shall not be required that the 85 of 256 March 18, 2019 Regular Meeting Agenda Packet same officer or authorized signatory of the Paying Agent/Registrar sign the Certificate of Paying Agent/Registrar on all of the Bonds. In lieu of the executed Certificate of Paying Agent/Registrar described above, the Initial Bond delivered at the Closing Date shall have attached thereto the Comptroller's Registration Certificate substantially in the form provided herein, manually executed by the Comptroller of Public Accounts of the State of Texas, or by his duly authorized agent, which Certificate shall be evidence that the Bond has been duly approved by the Attorney General of the State of Texas, that it is a valid and binding obligation of the District and that it has been registered by the Comptroller of Public Accounts of the State of Texas. (d) On the Closing Date, one Initial Bond to be number T-1, payable in stated installments to the Purchaser or its designee, manually signed by the President and Secretary/Treasurer of the Board, approved by the Attorney General and registered and manually signed by the Comptroller of Public Accounts, will be delivered to the Purchaser or its designee. Upon payment for the Initial Bond, the Paying Agent/Registrar shall cancel the Initial Bond and deliver to the Purchaser or its designee one registered Definitive Bond for each year of maturity of the Bonds in the aggregate principal amount of all Bonds for such maturity, registered in the name of Cede & Co., as nominee of DTC. Section 3.6 Ownership. (a) The District, the Paying Agent/Registrar and any other person may treat the person in whose name any Bond is registered as the absolute Holder of such Bond for the purpose of making and receiving payment of the principal thereof and redemption premium, if any, thereon, for the further purpose of making and receiving payment of the interest thereon and for all other purposes (except interest will be paid to the person in whose name such bond is registered on the Record Date or Special Record Date, as applicable), whether or not such Bond is overdue and neither the District nor the Paying Agent/Registrar shall be bound by any notice or knowledge to the contrary. (b) All payments made to the Holder of a Bond shall be valid and effectual and shall discharge the liability of the District and the Paying Agent/Registrar upon such Bond to the extent of the sum paid. Section 3.7 Registration, Transfer and Exchange. (a) So long as any Bonds remain outstanding, the District shall cause the Paying Agent/Registrar to keep at the Place of Payment a register (the "Register") in which, subject to such reasonable regulations as it may prescribe, the Paying Agent/Registrar shall provide for the registration and transfer of Bonds in accordance with this Order. (b) The ownership of a Bond may be transferred only upon the presentation and surrender of the Bond at the Place of Payment with such endorsement or other evidence of transfer as is acceptable to the Paying Agent/Registrar. No transfer of any Bond shall be effective until entered in the Register. (c) The Bonds shall be exchangeable upon the presentation and surrender thereof at the Place of Payment for a Bond or Bonds of the same maturity and interest rate and in any denomination or denominations of any integral multiple of $5,000 and in an aggregate principal amount equal to the unpaid principal amount of the Bonds presented for exchange. The Paying Agent/Registrar is hereby authorized to authenticate and deliver Bonds exchanged for other Bonds in accordance with this Section. (d) Each exchange Bond delivered by the Paying Agent/Registrar in accordance with this Section shall constitute an original contractual obligation of the District and shall be entitled to the benefits and security of this Order to the same extent as the Bond or Bonds in lieu of which such exchange Bond is delivered. 86 of 256 March 18, 2019 Regular Meeting Agenda Packet (e) No service charge shall be made to the Holder for the initial registration, subsequent transfer, or exchange for a different denomination of any of the Bonds. The Paying Agent/Registrar, however, may require the Holder to pay a sum sufficient to cover any tax or other governmental charge that is authorized to be imposed in connection with the registration, transfer or exchange of a Bond. (f) Neither the District nor the Paying Agent/Registrar shall be required to issue, transfer, or exchange any Bond called for redemption, in whole or in part, where such redemption is scheduled to occur within 45 calendar days after the transfer or exchange date; provided, however, such limitation shall not be applicable to an exchange by the Holder of the uncalled principal balance of a Bond. Section 3.8 Cancellation. All Bonds paid or redeemed before scheduled maturity in accordance with this Order, and all Bonds in lieu of which exchange Bonds or replacement Bonds are authenticated and delivered in accordance with this Order, shall be canceled and proper records shall be made regarding such payment, redemption, exchange or replacement. The Paying Agent/Registrar shall then return such canceled Bonds to the District or may in accordance with law destroy such canceled Bonds and periodically furnish the District with certificates of destruction of such Bonds. Section 3.9 Temporary Bonds. (a) Following the delivery and registration of the Initial Bond and pending the preparation of Definitive Bonds, the proper officers of the District may execute and, upon the District's request, the Paying Agent/Registrar shall authenticate and deliver, one or more temporary Bonds that are printed, lithographed, typewritten, mimeographed or otherwise produced, in any denomination, substantially of the tenor of the Definitive Bonds in lieu of which they are delivered, without coupons and with such appropriate insertions, omissions, substitutions and other variations as the officers of the District executing such temporary Bonds may determine, as evidenced by their signing of such temporary Bonds. (b) Until exchanged for Bonds in definitive form, such Bonds in temporary form shall be entitled to the benefit and security of this Order. (c) The District, without unreasonable delay, shall prepare, execute and deliver to the Paying Agent/Registrar the Bonds in definitive form; thereupon, upon the presentation and surrender of the Bonds in temporary form to the Paying Agent/Registrar, the Paying Agent/Registrar shall cancel the Bonds in temporary form and shall authenticate and deliver in exchange therefor Bonds of the same maturity and series, in definitive form, in the authorized denomination and in the same aggregate principal amount, as the Bonds in temporary form surrendered. Such exchange shall be made without the making of any charge therefor to any Holder. Section 3.10 Replacement Bonds. (a) Upon the presentation and surrender to the Paying Agent/Registrar of a mutilated Bond, the Paying Agent/Registrar shall authenticate and deliver in exchange therefor a replacement Bond of like tenor and principal amount, bearing a number not contemporaneously outstanding. The District or the Paying Agent/Registrar may require the Holder of such Bond to pay a sum sufficient to cover any tax or other governmental charge that is authorized to be imposed in connection therewith and any other expenses connected therewith. (b) In the event that any Bond is lost, apparently destroyed or wrongfully taken, the Paying Agent/Registrar, pursuant to the applicable laws of the State of Texas and in the absence of notice or knowledge that such Bond has been acquired by a bona fide purchaser, shall authenticate and deliver a 87 of 256 March 18, 2019 Regular Meeting Agenda Packet replacement Bond of like tenor and principal amount, bearing a number not contemporaneously outstanding, provided that the Holder first: (i) furnishes to the Paying Agent/Registrar satisfactory evidence of his or her ownership of and the circumstances of the loss, destruction or theft of such Bond; (ii) furnishes such security or indemnity as may be required by the Paying Agent/Registrar to save it and the District harmless; (iii) pays all expenses and charges in connection therewith, including, but not limited to, printing costs, legal fees, fees of the Paying Agent/Registrar and any tax or other governmental charge that is authorized to be imposed; and (iv) satisfies any other reasonable requirements imposed by the District and the Paying Agent/Registrar. (c) If, after the delivery of such replacement Bond, a bona fide purchaser of the original Bond in lieu of which such replacement Bond was issued presents for payment such original Bond, the District and the Paying Agent/Registrar shall be entitled to recover such replacement Bond from the person to whom it was delivered or any person taking therefrom, except a bona fide purchaser, and shall be entitled to recover upon the security or indemnity provided therefor to the extent of any loss, damage, cost or expense incurred by the District or the Paying Agent/Registrar in connection therewith. (d) In the event that any such mutilated, lost, apparently destroyed or wrongfully taken Bond has become or is about to become due and payable, the Paying Agent/Registrar, in its discretion, instead of issuing a replacement Bond, may pay such Bond if it has become due and payable or may pay such Bond when it becomes due and payable. (e) Each replacement Bond delivered in accordance with this Section shall constitute an original additional contractual obligation of the District and shall be entitled to the benefits and security of this Order to the same extent as the Bond or Bonds in lieu of which such replacement Bond is delivered. Section 3.11 Book -Entry Only System. (a) The Initial Bond shall be issued in the form of a single fully registered Bond for the entire issue amount of $7,200,000 in the principal amounts for each year and bearing interest at the rates shown in Section 3.3, and delivered at the principal payment office of the Paying Agent/Registrar, and after payment therefor by the Purchaser, shall be canceled and Exchange Bonds for each maturity shall be exchangeable by the Paying Agent/Registrar for Exchange Bonds registered in the name of Cede & Co., as nominee of the Depository Trust Company ("DTC") as agent for the Purchaser. The Exchange Bonds shall be delivered in denominations of $5,000 or any integral multiple thereof for any one maturity in accordance with DTC's Book -Entry -Only System. (b) With respect to Bonds registered in the name of Cede & Co., as nominee of DTC, the District and the Paying Agent/Registrar shall have no responsibility or obligation to any securities brokers and dealers, banks, trust companies, clearing corporations and certain other organizations on whose behalf DTC was created to hold securities to facilitate the clearance and settlement of securities transactions among DTC participants (the "DTC Participant") or to any person on behalf of whom such a DTC Participant holds an interest in the Bonds. Without limiting the immediately preceding sentence, the District and the Paying Agent/Registrar shall have no responsibility or obligation with respect to (i) the accuracy of the records of DTC, Cede & Co. or any DTC Participant with respect to any ownership interest in the Bonds, (ii) the 88 of 256 March 18, 2019 Regular Meeting Agenda Packet delivery to any DTC Participant or any other person, other than a Holder, as shown on the Register, of any notice with respect to the Bonds, including any notice of redemption, or (iii) the payment to any DTC Participant or any person, other than a Holder, as shown in the Register of any amount with respect to principal or interest on the Bonds. Notwithstanding any other provision of this Order to the contrary, but to the extent permitted by law, the District and the Paying Agent/Registrar shall be entitled to treat and consider the person in whose name each Bond is registered in the Register as the absolute owner of such Bond for the purpose of payment of principal and interest, with respect to such Bond, for the purposes of registering transfers with respect to such Bond, and for all other purposes of registering transfers with respect to such Bonds, and for all other purposes whatsoever. The Paying Agent/Registrar shall pay all principal and interest on the Bonds only to or upon the order of the respective Holders, as shown in the Register, as provided in this Order, or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge the District's obligations with respect to payment of principal and interest on the Bonds to the extent of the sum or sums so paid. No person other than a Holder, as shown in the Register, shall receive a Bond certificate evidencing the obligation of the District to make payments of principal and interest pursuant to this Order. Upon delivery by DTC to the Paying Agent/Registrar of written notice to the effect that DTC has determined to substitute a new nominee in place of Cede & Co., and subject to the provisions of this Order with respect to interest checks being mailed to the Holder at the close of business on the Record Date the word "Cede & Co." in this Order shall refer to such new nominee of DTC. Section 3.12 Successor Securities Depository: Transfer Outside Book -Entry Only System. In the event that the District determines to discontinue the book -entry system through DTC or successor or DTC determines to discontinue providing its services with respect to the Bonds, the District shall either (i) appoint a successor securities depository, qualified to act as such under Section 17(a) of the Securities and Exchange Act of 1934, as amended, notify DTC and DTC Participants of the appointment of such successor securities depository and transfer one or more separate Bonds to such successor securities depository or (ii) notify DTC and DTC Participants of the availability through DTC of Bonds and transfer one or more separate Bonds to DTC Participants having Bonds credited to their DTC accounts. In such event, the Bonds shall no longer be restricted to being registered in the Register in the name of Cede & Co., as nominee of DTC, but may be registered in the name of the successor securities depository, or its nominee, or in whatever name or names Holders transferring or exchanging Bonds shall designate, in accordance with the provisions of this Order. Section 3.13 Payments to Cede & Co. Notwithstanding any other provision of this Order to the contrary, so long as any Bonds are registered in the name of Cede & Co., as nominee of DTC, all payments with respect to principal of, premium, if any, and interest on such Bonds and all notices with respect to such Bonds, shall be made and given, respectively, in the manner provided in the Representation Letter. ARTICLE IV REDEMPTION OF BONDS BEFORE MATURITY Section 4.1 Limitation on Redemption. The Bonds shall be subject to redemption before their scheduled maturity only as provided in this Article. Section 4.2 Optional Redemption. (a) The District reserves the option to redeem the Bonds maturing on and after September 1, 2029, in whole or in part, in inverse order of maturity and by lot (or by any other customary method that results in a random selection) within a maturity, before their respective scheduled maturity dates, on September 1, 2028, or any date thereafter, at a price equal to the principal amount thereof, plus accrued interest to the Redemption Date. 89 of 256 March 18, 2019 Regular Meeting Agenda Packet (b) The District, at least 45 days before the Redemption Date (unless a shorter period shall be satisfactory to the Paying Agent/Registrar), shall notify the Paying Agent/Registrar of such Redemption Date and of the principal amount of Bonds to be redeemed. (c) The exercise by the District of its option to redeem Bonds shall be evidenced by an order or resolution of the Board entered into its minutes. Section 4.3 Partial Redemption. (a) A portion of a single Bond of a denomination greater than $5,000 may be redeemed, but only in a principal amount equal to $5,000 or any integral multiple thereof. If Bonds are to be partially redeemed, the Paying Agent/Registrar shall assign a separate number for each $5,000 portion of the Bonds subject to redemption and select the portion or portions of the Bonds to be redeemed by lot or by any other customary method that results in a random selection. (b) Upon surrender of any Bond for redemption in part, the Paying Agent/Registrar, in accordance with the provisions of this Order, shall authenticate and deliver an exchange Bond or Bonds in an aggregate principal amount equal to the unredeemed portion of the Bond so surrendered, such exchange being without charge. (c) The Paying Agent/Registrar shall promptly notify the District in writing of the Bonds selected for redemption and, in the case of any Bond selected for partial redemption, the principal amount thereof to be redeemed. Section 4.4 Notice of Redemption to Bondholders. (a) Notice of the redemption shall be mailed by the Paying Agent/Registrar in the name and at the expense of the District not less than 30 days prior to the Redemption Date, to each Holder of Bonds to be redeemed, and to DTC. The notice of redemption shall either (i) explicitly state that the proposed redemption is conditioned on there being on deposit on the Redemption Date sufficient funds to pay the Redemption Price of the Bonds to be redeemed, or (ii) be sent only if sufficient funds to pay the Redemption Price of the Bonds to be redeemed is on deposit. The notice of redemption shall state: 1. the Redemption Date, 2. the Redemption Price, 3. the principal amount, the identification (by Bond and CUSIP number, Stated Maturity, interest rate and Bond Date of the Bonds) and, in the case of partial redemption, the respective principal amounts of the Bonds to be redeemed, 4. that on the Redemption Date the Redemption Price of each of the Bonds to be redeemed will become due and payable and that interest thereon shall cease to accrue from and after said date, and 5. that the Bonds to be redeemed are to be surrendered for the payment of the Redemption Price at the office of the Paying Agent/Registrar, and the address of such Paying Agent/Registrar. (b) The Paying Agent/Registrar shall give written notice of redemption, by registered mail, overnight delivery, or other comparably secure means, not less than 30 days prior to the Redemption Date, to each registered securities depository (and to each national information service that disseminates redemption notices) known to the Paying Agent/Registrar, but neither the failure to give such notice nor any defect therein shall affect the sufficiency of notice given to Bondholders as hereinabove stated. The Paying Agent/Registrar may provide written notice of redemption to DTC by facsimile. 90 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 4.5 Payment Upon Redemption. (a) Before or on each Redemption Date, the Paying Agent/Registrar shall make provision for the payment of the Bonds to be redeemed on such date by setting aside and holding in trust an amount received by the Paying Agent/Registrar sufficient to pay the principal of and accrued interest on such Bonds. (b) Upon presentation and surrender of any Bond called for redemption at the designated office of the Paying Agent/Registrar, on or after the date fixed for redemption, the Paying Agent/Registrar shall pay the principal of, redemption premium, if any, and accrued interest on such Bond from the moneys set aside for such purpose. Section 4.6 Effect of Redemption. (a) Notice of redemption having been given as provided in Section 4.4 of this Order, the Bonds or portions thereof called for redemption shall become due and payable on the date fixed for redemption and, unless the District defaults in the payment of the principal thereof or accrued interest thereon, such Bonds or portions of such Bonds shall cease to bear interest from and after the date fixed for redemption, whether or not such Bonds are presented and surrendered for payment on such date. (b) If any Bond or portion thereof called for redemption is not so paid upon presentation and surrender thereof for redemption, such Bond or portion thereof shall continue to bear interest at the rate stated on the Bond until paid or until due provision is made for the payment of same. Section 4.7 Lapse of Payment. Money set aside for the redemption of Bonds and remaining unclaimed by the Holders thereof shall be subject to the provisions of Section 3.4(0. ARTICLE V PAYING AGENT/REGISTRAR Section 5.1 Appointment of Paving Agent/Registrar. The District shall at all times maintain a paying agent/registrar ("Paying Agent/Registrar") meeting the qualifications herein described, for the performance of the duties hereunder. BOKF, NA, Dallas, Texas, is hereby appointed Paying Agent/Registrar for such purposes. Section 5.2 Approval of Paving Agent/Registrar Agreement. The Paying Agent/Registrar Agreement by and between the District and BOKF, NA, Dallas, Texas ("Paying Agent/Registrar Agreement") in substantially the form and substance attached hereto as Exhibit "A" is hereby approved and the President or Vice President of the Board is hereby authorized and directed to complete, amend, modify, and execute the Paying Agent/Registrar Agreement, as necessary, and the Secretary/Treasurer is authorized and directed to attest such agreement. By accepting the appointment as Paying Agent/Registrar and executing the Paying Agent/Registrar Agreement, the Paying Agent/Registrar is deemed to have agreed to the provisions of this Order and that it will perform the duties and functions of Paying Agent/Registrar prescribed hereby. Section 5.3 Oualifications of Paving Agent/Registrar. Every Paying Agent/Registrar appointed hereunder shall be a commercial bank, trust company organized under the laws of the State of Texas, or other entity duly qualified and legally authorized to serve as, and perform the duties and services of, paying agent and registrar for the Bonds. 91 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 5.4 Maintaining Paving Agent/Registrar. (a) At all times while any Bonds are outstanding, the District will maintain a Paying Agent/Registrar that is qualified under Section 5.3 of this Order. (b) If the Paying Agent/Registrar resigns or otherwise ceases to serve as such, the District will promptly appoint a replacement. Section 5.5 Termination of Paving Agent/Registrar. (a) The District reserves the right to appoint a successor Paying Agent/Registrar by (i) filing with the Person then performing such functions a certified copy of a resolution or order giving forty-five (45) days' notice of the termination of the agreement and appointing a successor; and (ii) causing not less than forty-five (45) days' notice to be given to each Bondholder, specifying the substitution of another Paying Agent/Registrar, the effective date thereof and the address of such successor, but no termination shall become effective until such successor shall have accepted the duties of the Paying Agent/Registrar hereunder by written instrument. (b) If a Paying Agent/Registrar is replaced, such Paying Agent/Registrar, promptly upon the appointment of the successor, will deliver the Register (or a copy thereof) and all other pertinent books and records relating to the Bonds to the successor Paying Agent/Registrar. ARTICLE VI FORM OF THE BONDS Section 6.1 Form Generally. (a) The Bonds, including the Registration Certificate of the Comptroller of Public Accounts of the State of Texas, the Certificate of the Paying Agent/Register and the Assignment to appear on each of the Bonds, (i) shall be substantially in the form set forth in this Article with such appropriate insertions, omissions, substitutions and other variations as are permitted or required by this Order, and (ii) may have such letters, numbers, or other marks of identification (including identifying numbers and letters of the Committee on Uniform Securities Identification Procedures of the American Bankers Association) and such legends and endorsements (including any reproduction of an opinion of counsel) thereon as, consistently herewith, may be determined by the District or by the officers executing such Bonds, as evidenced by their execution thereof. Any portion of the text of any Bonds may be set forth on the reverse side thereof, with an appropriate reference thereto on the face of the Bonds. (b) The Definitive Bonds shall be typewritten, printed, lithographed, or engraved and may be produced by any combination of these methods or produced in any other similar manner, all as determined by the officers executing such Bonds, as evidenced by their execution thereof. The Initial Bond submitted to the Attorney General of the State of Texas may be typewritten and photocopied or otherwise reproduced. Section 6.2 Form of the Bonds. The form of the Bonds, including the form of the Registration Certificate of the Comptroller of Public Accounts of the State of Texas (which shall only appear on the 92 of 256 March 18, 2019 Regular Meeting Agenda Packet Initial Bond), the form of Certificate of the Paying Agent/Registrar, and the form of Assignment appearing on the Bonds shall be substantially as follows: (a) Form of Bond. REGISTERED REGISTERED No. $ UNITED STATES OF AMERICA STATE OF TEXAS COUNTIES OF DENTON AND TARRANT TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 WATER AND SEWER SYSTEM REVENUE BOND SERIES 2019 INTEREST: MATURITY CLOSING BOND CUSIP RATE: DATE: DATE: DATE: NUMBER: April 23, 2019 March 15, 2019 Trophy Club Municipal Utility District No. 1 (the "District"), in the Counties of Denton and Tarrant, State of Texas, for value received, hereby promises to pay to or registered assigns, on the Maturity Date specified above, the sum of DOLLARS unless this Bond shall have been sooner called for redemption and the payment of the principal hereof shall have been paid or provided for, and to pay interest on such principal amount from the later of the Closing Date specified above or the most recent interest payment date to which interest has been paid or provided for until payment of such principal amount has been paid or provided for, at the per annum rate of interest specified above, computed on the basis of a 360 -day year of twelve 30 -day months, such interest to be paid semiannually on March 1 and September 1 of each year, commencing March 1, 2020. The principal of this Bond shall be payable without exchange or collection charges in lawful money of the United States of America upon presentation and surrender of this Bond at the corporate trust office in Dallas, Texas, or such other location designated by the Paying Agent/Registrar (the "Place of Payment"), of the Paying Agent/Registrar executing the registration certificate appearing hereon or, with respect to a successor paying agent/registrar, at the Place of Payment of such successor. Interest on this Bond is payable by check dated as of the interest payment date, mailed by the Paying Agent/Registrar to the registered Holder at the address shown on the registration books kept by the Paying Agent/Registrar, or by such other customary banking arrangements acceptable to the Paying Agent/Registrar and the person to whom interest is to be paid; provided, however, that such person shall bear all risk and expense of such other customary banking arrangements. For the purpose of the payment of interest on this Bond, the registered Holder shall be the person in whose name this Bond is registered at the close of business on the "Record Date," which shall be the fifteenth (15th) day of the month next preceding such interest payment date. In the event of a nonpayment of interest on a scheduled payment date and for 30 days thereafter, a new record date for such interest payment (a "Special Record Date") will be established by the Paying 93 of 256 March 18, 2019 Regular Meeting Agenda Packet Agent/Registrar, if and when funds for the payment of such interest have been received from the District. Notice of the Special Record Date and of the special payment date of the past due interest ("Special Payment Date"), which shall be 15 days after the Special Record Date, shall be sent at least five business days prior to the Special Record Date by United States mail, first class, postage prepaid, to the address of each Holder of a Bond appearing on the books of the Paying Agent/Registrar at the close of business on the last business day next preceding the date of mailing of such notice. If the date for the payment of the principal of or interest on this Bond shall be a Saturday, Sunday, legal holiday, or day on which banking institutions in the city where the Place of Payment is located are required or authorized by law or executive order to close, the date for such payment shall be the next succeeding day which is not a Saturday, Sunday, legal holiday, or day on which banking institutions are required or authorized to close, and payment on such date shall have the same force and effect as if made on the original date payment was due and no additional interest shall be due by reason of nonpayment on the date on which such payment is otherwise stated to be due and payable. This Bond is one of a series of fully registered bonds specified in the title hereof and issued in the aggregate principal amount of $7,200,000 (herein referred to as the "Bonds"), issued pursuant to a certain order of the District (the "Order") for the purposes of: (i) funding the design and construction of certain water transmission line improvements and acquisition of related real property interests, (ii) funding the costs of acquisition, design and construction of improvements to the District's wastewater treatment facilities; and (ii) paying the costs related to the issuance of the Bonds. This Bond and all the Bonds of the series of which it is a part constitute special obligations of the District and, together with certain outstanding revenue obligations heretofore issued by the District, are payable as to both principal and interest solely from and equally secured by a first lien on the Pledged Revenues (as defined in the Order) of the District's System (as defined in the Order). Reference is hereby made to the Order for a more complete statement of the covenants and provisions securing the payment of this Bond and the series of which it is one. The District expressly reserves the right to issue further and additional revenue obligations equally secured by a parity lien on the Pledged Revenues of the System, provided, however, that any and all such additional parity obligations may be issued only in accordance with and subject to the covenants, conditions, limitations and restrictions relating thereto which are set out and contained in the Order and to which reference is hereby made for more complete and full particulars. The District reserves the option to redeem the Bonds maturing on and after September 1, 2029, in whole or in part, in inverse order of maturity and by lot (or by any other customary method that results in a random selection) within a maturity, before their respective scheduled maturity dates, on September 1, 2028, or any date thereafter, at a price equal to the principal amount thereof, plus accrued interest to the Redemption Date. If less than all of the Bonds are to be redeemed, the District shall redeem the Bonds in inverse order of Stated Maturity in integral multiples of $5,000 and shall direct the Paying Agent/Registrar to call by lot the Bonds, or portions thereof, within such maturity and in such principal amounts, for redemption. Notice of such redemption or redemptions shall be given by first class mail postage prepaid, not less than 30 days before the date fixed for redemption, to the registered Holder of each of the Bonds to be redeemed in whole or in part. Notice having been so given, the Bonds or portions thereof designated for redemption shall become due and payable on the redemption date specified in such notice; from and after such date, notwithstanding that any of the Bonds or portions thereof so called for redemption shall not have been surrendered for payment, interest on such Bonds or portions thereof shall cease to accrue. 94 of 256 March 18, 2019 Regular Meeting Agenda Packet As provided in the Order and subject to certain limitations therein set forth, this Bond is transferable upon surrender of this Bond for transfer at the Place of Payment with such endorsement or other evidence of transfer as is acceptable to the Paying Agent/Registrar; thereupon, one or more new fully registered Bonds of the same stated maturity, of authorized denominations, bearing the same rate of interest and for the same aggregate principal amount will be issued to the designated transferee or transferees. Neither the District nor the Paying Agent/Registrar shall be required to issue, transfer, or exchange any Bond called for redemption where such redemption is scheduled to occur within 45 calendar days of the transfer or exchange date; provided, however, such limitation shall not be applicable to an exchange by the registered Holder of the uncalled principal balance of a Bond. The District, the Paying Agent/Registrar and any other person may treat the person in whose name this Bond is registered as the Holder hereof for the purpose of receiving payment as herein provided (except interest shall be paid to the person in whose name this Bond is registered on the Record Date or Special Record Date, as applicable) and for all other purposes, whether or not this Bond is overdue, and neither the District nor the Paying Agent/Registrar shall be affected by notice to the contrary. IT IS HEREBY CERTIFIED AND RECITED that the issuance of this Bond and the series of which it is a part is duly authorized by law; that all acts, conditions and things required to be done precedent to and in the issuance of the Bonds have been properly done and performed and have happened in regular and due time, form and manner, as required by law. IN WITNESS WHEREOF, the District has caused this Bond to be duly executed under its official seal. Secretary/Treasurer, Board of Directors President, Board of Directors Trophy Club Municipal Utility District No. 1 Trophy Club Municipal Utility District No. 1 [SEAL] (b) Form of Comptroller's Registration Certificate. The following Comptroller's Registration Certificate may be deleted from the Definitive Bonds if such certificate on the Initial Bond is fully executed. OFFICE OF THE COMPTROLLER OF PUBLIC ACCOUNTS OF THE STATE OF TEXAS REGISTER NO. I hereby certify that there is on file and of record in my office a certificate of the Attorney General of the State of Texas to the effect that this Bond has been examined by him as required by law, that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, that it is a valid and binding obligation of Trophy Club Municipal Utility District No. 1, and that this Bond has this day been registered by me. Witness my hand and seal of office at Austin, Texas, this day of , 2019. 95 of 256 [SEAL] March 18, 2019 Regular Meeting Agenda Packet Comptroller of Public Accounts of the State of Texas (c) Form of Certificate of Paying Agent/Registrar. The following Certificate of Paying Agent/Registrar may be deleted from the Initial Bond if the executed Comptroller's Registration Certificate appears thereon. CERTIFICATE OF PAYING AGENT/REGISTRAR It is hereby certified that this Bond has been delivered pursuant to the Bond Order described in the text of this Bond, in exchange for or in replacement of a bond, bonds, or a portion of a bond approved by the Attorney General of the State of Texas and registered by the Comptroller of Public Accounts of the State of Texas. Date of Authentication: Authorized Signature (d) BOKF, NA, Dallas, Texas By: Form of Assignment. ASSIGNMENT FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto (print or typewrite name, address and zip code of transferee): (Social Security or other identifying number: ) the within Bond and all rights hereunder and hereby irrevocably constitutes and appoints attorney to transfer the within Bond on the books kept for registration hereof, with full power of substitution in the premises. Date: NOTICE. The signature on this Assignment must correspond with the name of the registered owner as it appears on the face of the within Bond in every particular 96 of 256 March 18, 2019 Regular Meeting Agenda Packet and must be guaranteed in a manner acceptable to the Paying Agent/Registrar. Signature Guaranteed: (e) The Initial Bond shall be in the form set forth in paragraphs (a) through (d) of this Section, except for the following alterations: (1) immediately under the name of the Bond, the headings "Interest Rate," "Maturity Date" shall be completed with the words "As Shown Below" and the heading "CUSIP No." deleted. (2) in the first paragraph of the Bond, the words "on the Maturity Date specified above, the sum of DOLLARS" shall be deleted and the following will be inserted: "on September 1 in each of the years, in the principal amounts and bearing interest at the per annum rates set forth in the following schedule: Stated Principal Interest Maturity Amount Rate" (Information to be inserted from schedule in Section 3.3 of this Order) (3) in the second paragraph of the Bond, an additional sentence shall be added to the paragraph as follows: "The initial Paying Agent/Registrar is BOKF, NA, Dallas, Texas."; and (4) the Initial Bond shall be numbered T-1. Section 6.3 CUSIP Registration. The President of the Board may secure the printing of identification numbers on the Bonds through the CUSIP Service Bureau Division of Standard and Poors Corporation, New York, New York. Section 6.4 Legal Opinion. The approving opinion of Bond Counsel, McLean & Howard, L.L.P., may be printed on the back of the Bonds with the certification of the Secretary/Treasurer of the Board which may be executed in facsimile. ARTICLE VII SALE AND DELIVERY OF BONDS Section 7.1 Sale of Bonds; Approval of Official Statement. (a) Sale of the Bonds is hereby awarded to , (the "Purchaser") at a price of $ , plus accrued interest, subject to the unqualified approving opinion as to the legality of the Bonds of the Attorney General of the State of Texas and of bond counsel for the District and provided that the Initial Bond shall be delivered to the Purchaser. It is hereby found and declared that the price paid by the Purchaser produces the lowest net effective interest rate and is the most advantageous price reasonably available to the District. The President of the Board of Directors and all other officers, agents and 97 of 256 March 18, 2019 Regular Meeting Agenda Packet representatives of the District are hereby authorized to do any and all things necessary or desirable to provide for the issuance and delivery of the Bonds. (b) The form and use of the Preliminary Official Statement in connection with the offering and sale of the Bonds is hereby ratified, confirmed and approved in all respects. The President and Secretary of the Board are authorized and directed to manually execute and deliver for and on behalf of the District copies of said Official Statement in final form as may be required by the Purchaser, and such Official Statement in the final form and content manually executed by any one or more of said officials shall be deemed to be approved by the Board of Directors and constitute the Official Statement authorized for distribution and use by the Purchaser. (c) Upon the registration of all of the Bonds, the Comptroller of Public Accounts of the State of Texas is authorized and instructed to deliver all of the Bonds to McLean & Howard, L.L.P., or pursuant to such firm's order, for delivery to the Purchaser or to the District's depository. (d) The obligation of the Purchaser to accept delivery of the Bonds is subject to the Purchaser being furnished with the final, approving opinion of McLean & Howard, L.L.P., Bond Counsel for the District, which opinion shall be dated and delivered the Closing Date. Section 7.2 Control and Delivery of Bonds. (a) The President of the Board is hereby authorized to have control of the Initial Bond and all necessary records and proceedings pertaining thereto pending investigation, examination and approval of the Attorney General of the State of Texas, registration by the Comptroller of Public Accounts of the State and registration with, and initial exchange or transfer by, the Paying Agent/Registrar. (b) After registration by the Comptroller of Public Accounts, delivery of the Bonds shall be made to the initial purchaser thereof under and subject to the general supervision and direction of the President of the Board, against receipt by the District of all amounts due to the District under the terms of sale. ARTICLE VIII DEPOSIT OF PROCEEDS Section 8.1 Deposit of Proceeds; Approval of Escrow Agreement. Concurrently with the initial delivery of the Bonds, the District shall deposit all proceeds of the Bonds into an escrow fund (the "Escrow Fund") established with BOKF, NA (the "Escrow Agent") pursuant to an Escrow Agreement between the District and the Escrow Agent, in substantially the form attached hereto as Exhibit "B". The Escrow Agent qualifies as a designated state depository or other properly chartered and authorized institution in accordance with Chapter 2256, Texas Government Code, and Chapter 2257, Texas Government Code. The Escrow Agreement, which will govern the disbursement of proceeds of the Bonds upon approval of the TCEQ, is hereby approved in substantially final form, and the President, Vice President, Secretary/Treasurer and General Manager each are hereby authorized, for and on behalf of the District, to approve any changes in the Escrow Agreement from the form attached hereto and to execute the Escrow Agreement in final form. All funds on deposit in the Escrow Fund which are approved by TCEQ to be transferred to the District in order to pay eligible Project costs shall be deposited by the District into the Construction Fund. Funds on deposit in the Construction Fund (i) may be invested from time to time in the manner authorized by applicable law, including the Public Funds Investment Act; and (ii) shall be continuously secured by a valid pledge of direct obligations of the United States of America or other collateral meeting the requirements of the Public Funds Collateral 98 of 256 March 18, 2019 Regular Meeting Agenda Packet Act, Chapter 2257, Texas Government Code, as amended. ARTICLE IX FUNDS; FLOW OF FUNDS; INVESTMENTS Section 9.1 Creation of Funds. (a) The following funds are hereby created or affirmed: (i) "Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019, Revenue Fund" (herein called the "Revenue Fund") is hereby affirmed; (ii) "Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019, Reserve Fund" (herein called the "Reserve Fund") is hereby created; and (iii) "Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019, Interest and Sinking Fund" (herein called the "Interest and Sinking Fund") is hereby created for the purpose of providing funds to pay the principal of, premium, if any, and interest on the Parity Revenue Obligations as the same become due and payable; and (iv) "Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019, Construction Fund" (herein called the "Construction Fund") is hereby created. (b) The District covenants and agrees that all revenues derived from the operation of the System shall be kept separate from other funds of the District. Section 9.2 Revenue Fund. A Revenue Fund has previously been established on the books of the District in connection with the District's Existing Obligations. All Gross Revenues of every nature received from the operation and ownership of the System shall be deposited as collected into the Revenue Fund, and the reasonable, necessary, and proper Maintenance and Operation Expenses of the System shall be paid from the Revenue Fund. The revenues of the System not actually required to pay said expenses shall be deposited from the Revenue Fund into the interest and sinking funds as provided in the orders or resolutions authorizing the Parity Revenue Obligations and the Reserve Fund to the extent provided hereunder for the Bonds and in any order authorizing the issuance of Additional Parity Obligations. Any Net Revenues remaining in the Revenue Fund after satisfying the foregoing payments, or making adequate and sufficient provision for the payment thereof, may be appropriated and used for any other District purpose now or hereafter permitted by law. Section 9.3 Interest and Sinking Fund. (a) Net Revenues of the System shall be deposited to the credit of the Interest and Sinking Fund at such times and in such amounts as necessary for the timely payment of the principal of and interest on the Bonds. (b) Money on deposit in the Interest and Sinking Fund shall be used to pay the principal of and interest on the Bonds as such become due and payable. Section 9.4 Reserve Fund. (a) To accumulate and maintain a reserve for the payment of the Bonds and Additional Parity Obligations (the Required Reserve) equal to the lesser of (i) the Average Annual Debt Service Requirements 99 of 256 March 18, 2019 Regular Meeting Agenda Packet (calculated on a Fiscal Year basis and determined as of the date of issuance of the Bonds, the most recently issued series of Additional Parity Obligations then Outstanding or, at the option of the District, at the end of each Fiscal Year) for the Bonds and Additional Parity Obligations or (ii) the maximum amount in a reasonably required reserve fund for the Bonds and Additional Parity Obligations, from time to time that can be invested without restriction as to yield pursuant to section 148 of the Code (as defined in Section 13.1), the District agrees to maintain the Reserve Fund at an official depository of the District. All funds deposited into the Reserve Fund (excluding surplus funds which include earnings and income derived or received from deposits or investments which will be transferred to the Revenue Fund during such period as there is on deposit in the Reserve Fund the Required Reserve) shall be used solely for the payment of the principal of and interest on the Bonds and Additional Parity Obligations, when and to the extent other funds available for such purposes are insufficient, and, in addition, may be used to retire the last stated maturity or interest on the Bonds or Additional Parity Obligations. (b) Upon issuance of the Bonds, the total amount required to be accumulated and maintained in the Reserve Fund is hereby determined to be $398,763 (the "Required Reserve"), which is equal to not less than the Average Annual Debt Service for the Bonds and the Existing Obligations, and on or before the 1st day of the month next following the month the Bonds are delivered to the Purchaser and on or before the 1st day of each following month, the District shall cause to be deposited to the Reserve Fund from the Net Revenues of the System an amount equal to at least one -sixtieth (1/60th) of the Required Reserve. After the Required Reserve has been fully accumulated and while the total amount on deposit in the Reserve Fund is in excess of the Required Reserve, no monthly deposits shall be required to be made to the Reserve Fund. As and when Additional Parity Obligations are delivered or incurred, the Required Reserve shall be increased, if required, to an amount calculated in the manner provided in the first paragraph of this Section. Any additional amount required to be maintained in the Reserve Fund shall be so accumulated by the deposit of the necessary amount of the proceeds of the issue or other lawfully available funds in the Reserve Fund immediately after the delivery of the then proposed Additional Parity Obligations, or, at the option of the District, by the deposit of monthly installments, made on or before the 1st day of each month following the month of delivery of the then proposed Additional Parity Obligations, of not less than 1/60th of the additional amount to be maintained in the Reserve Fund by reason of the issuance of the Additional Parity Obligations then being issued (or 1/60th of the balance of the additional amount not deposited immediately in cash), thereby ensuring the accumulation of the appropriate Required Reserve. (c) When and so long as the cash and investments in the Reserve Fund equal the Required Reserve, no deposits need be made to the credit of the Reserve Fund; but, if and when the Reserve Fund at any time contains less than the Required Reserve (other than as the result of the issuance of Additional Parity Obligations as provided in the preceding paragraph), the District covenants and agrees to cure the deficiency in the Required Reserve by resuming monthly deposits to said Fund or account from the Net Revenues, or any other lawfully available funds, such monthly deposits to be in amounts equal to not less than 1/60th of the Required Reserve covenanted by the District to be maintained in the Reserve Fund with any such deficiency payments being made on or before the 1st day of each month until the Required Reserve has been fully restored. The District further covenants and agrees that, subject only to the prior payments to be made to the Interest and Sinking Fund, the Net Revenues shall be applied and appropriated and used to establish and maintain the Required Reserve and to cure any deficiency in such amounts as required by the terms of this Order and any other order or resolution pertaining to the issuance of Additional Parity Obligations. (d) During such time as the Reserve Fund contains the Required Reserve, the District may, at its option, withdraw all surplus funds in the Reserve Fund in excess of the Required Reserve and deposit such surplus in the System Fund, unless such surplus funds represent proceeds of the Bonds, then such 100 of 256 March 18, 2019 Regular Meeting Agenda Packet surplus will be transferred to the Interest and Sinking Fund. Section 9.5 Construction Fund. (a) Money on deposit in the Construction Fund, including investment earnings thereof, shall be used for the Project. (b) All amounts remaining in the Construction Fund after the accomplishment of the Project, including investment earnings of the Construction Fund, shall be deposited into the Interest and Sinking Fund, unless a change in applicable law permits or authorizes all or any part of such funds to be used for other purposes. Section 9.6 Deficiencies; Excess Revenues. (a) If on any occasion there shall not be sufficient Gross Revenues to make the required deposits into the Interest and Sinking Fund or Reserve Fund, then such deficiency shall be cured as soon as possible from the next available Gross Revenues, or from any other sources available for such purpose. (b) Subject to making the required deposits to the Interest and Sinking Fund and the Reserve Fund when and as required by any order or resolution relating to authorizing the issuance of Parity Revenue Obligations, the excess Gross Revenues may be used by the District for any lawful purpose related to the System. Section 9.7 Investments- Security of Funds. (a) All moneys on deposit in the funds referred to in this Order shall be secured in the manner and to the fullest extent required by the laws of the State of Texas for the security of public funds, and moneys on deposit in such funds shall be used only for the purposes permitted by this Order. (b) Investments. (i) Money in the funds established by this Order, at the option of the District, may be invested in such securities or obligations as permitted under applicable law. (ii) Any securities or obligations in which money is so invested shall be kept and held in trust for the benefit of the Owners and shall be sold and the proceeds of sale shall be timely applied to the making of all payments required to be made from the fund from which the investment was made. (c) Investment Income. Interest and income derived from investment of any fund created by this Order shall be credited to such fund. Section 9.8 Contributions in Aid of Construction Any moneys that may be received by the District that shall represent contributions in aid of construction shall be deposited in a separate account at the Depository Bank. Such contributions shall not be considered as part of the Gross Revenues of the System. Payments from such bank account shall be made only for the purposes for which the contributions were made, including any refunds that may become due to any contributor. ARTICLE X ADDITIONAL BONDS AND REFUNDING BONDS 101 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 10.1 Additional Parity Obligations. The District reserves the right to issue notes, bonds and other obligations which, when duly authorized and issued in compliance with law and the terms and conditions hereinafter appearing, shall be on a parity with the Parity Revenue Obligations, payable from and equally and ratably secured by a first lien on• and pledge of the Net Revenues of the System; and the Parity Revenue Obligations shall in all respects be of equal dignity. The Additional Parity Obligations may be issued in one or more installments, provided, however, that none shall be issued unless and until the following conditions have been met: (a) A certificate is executed by the General Manager of the District and the President of the Board to the effect that no default exists in connection with any of the covenants or requirements of the Order or orders or resolutions authorizing the issuance of the Bonds and all then outstanding Parity Revenue Obligations; (b) A certificate is executed by the General Manager of the District and the President of the Board to the effect that the Interest and Sinking Fund and Reserve Fund contains the amount of money then required to be on deposit therein; and (c) A certificate is executed by a Certified Public Accountant to the effect that, in his opinion, the Net Earnings of the System either for the last complete fiscal year of the District, or for any twelve consecutive calendar month period ending not more than 90 days prior to the passage of the Order authorizing the issuance of such Additional Parity Obligations, were at least 1.25 times the average annual principal and interest requirements for the then outstanding Parity Revenue Obligations and the Additional Parity Obligations then proposed to be issued. The Accountant, in making a determination of the Net Earnings, may take into consideration a change in the rates and charges for services and facilities afforded by the System that became effective at least sixty (60) days prior to the last day of the period for which Net Earnings are determined and, for purposes of satisfying the above Net Earnings test, make pro forma determination of the Net Earnings of the System for the period of time covered by his certification or opinion based on such change in rates and charges being in effect for the entire period covered by the Accountant's certificate or opinion. PROVIDED, that the term "Net Earnings of the System" shall mean all of the Net Revenues of the System, except that in calculating Net Revenues there shall not be deducted as an expense of operation and maintenance any charge or disbursement for repairs or extensions which, under standard accounting practice, should be charged to capital expenditures; and PROVIDED FURTHER, that it shall not be necessary for the District to meet the above requirements to issue Additional Parity Obligations if the District obtains the written consent of all of the holders of all outstanding Parity Revenue Obligations. Section 10.2 Refunding Bonds. The District reserves the right to issue refunding bonds to refund all or any part of the Parity Revenue Obligations (pursuant to any law then available) upon such terms and conditions as the Board of Directors of the District may deem to be in the best interest of the District and its inhabitants, and if less than all such Parity Revenue Obligations then outstanding are refunded, the conditions precedent prescribed (for the issuance of Additional Parity Obligations) in Section 10.1 shall be satisfied and the accountant's certificate or opinion required in Section 10.1 shall give effect to the Debt Service of the proposed refunding bonds (and shall not give effect to the Debt Service of the Parity Revenue Obligations being refunded following their cancellation or provision being made for their payment). Section 10.3 Obligations of Inferior Lien and Pledge. The District hereby reserves the right to issue Subordinate Lien Obligations payable from and secured by a lien on and pledge of the System revenues, 102 of 256 March 18, 2019 Regular Meeting Agenda Packet junior and subordinate in rank and dignity to the lien and pledge securing the payment of the Parity Revenue Obligations, as may be authorized by the laws of the State of Texas. ARTICLE XI SECURITY FOR THE BONDS AND ANY ADDITIONAL BONDS Section 11.1 Pledge of Revenues. (a) The Parity Revenue Obligations, including the Bonds, and the interest thereon, and any and all other amounts payable thereunder, are and shall be secured by and payable from a first lien on and pledge of the Net Revenues of the System (with the exception of those in excess of the amounts required to establish and maintain the Interest and Sinking Fund hereinafter provided); and the revenues herein pledged are further pledged to the establishment and maintenance of the Interest and Sinking Fund hereinafter provided. (b) The Bonds are special obligations of the District secured by and payable from a first lien on and pledge of the Net Revenues of the System, as provided in this Order, and is not a charge on the property of the District or on taxes levied by the District. No part of the obligation evidenced by the Bonds, whether principal, interest or other obligation, shall ever be paid from taxes levied or collected by the District. (c) Chapter 1208, Texas Government Code applies to the issuance of the Bond and the pledge of the Net Revenues granted by the District under Section 11.1(a) of this Order, and such pledge, therefore, is valid, effective, and perfected. If Texas law is amended at any time while the Bonds are Outstanding and unpaid such that the pledge of the revenues granted by the District under Section 11.1(a) above is to be subject to the filing requirements of Chapter 9, Texas Business and Commerce Code, then in order to preserve to the registered owners of the Bonds the perfection of the security interest in said pledge, the District agrees to take such measures as it determines are reasonable and necessary under Texas law to comply with the applicable provisions of Chapter 9, Business and Commerce Code and enable a filing to perfect the security interest in said pledge to occur. Section 11.2 Payment of Bonds and Performance of Obligations. The District covenants to pay promptly the principal of and interest on the Bonds as the same become due and payable, whether at maturity or by prior redemption, in accordance with the terms of the Bonds and this Order, and to keep and perform faithfully all of its covenants, undertakings and agreements contained in this Order, or in any Bond executed, authenticated and delivered hereunder. ARTICLE XII PARTICULAR REPRESENTATIONS AND COVENANTS Section 12.1 Representations and Covenants as to Payment. (a) While the Bonds •are Outstanding and unpaid, there shall be made available to the Paying Agent/Registrar, out of the Interest and Sinking Fund and Reserve Fund, if necessary, money sufficient to pay the interest on and the principal of the Bonds, as applicable, as will accrue or mature on each applicable Interest Payment Date. (b) The District will faithfully perform at all times any and all covenants, undertakings, stipulations, and provisions contained in this Order and in the Bonds; the District will promptly pay or cause to be paid the principal of, interest on, and premium, if any, with respect to, the Bonds on due dates and at 103 of 256 March 18, 2019 Regular Meeting Agenda Packet the places and manner prescribed in such Bonds; and the District will, at the times and in the manner prescribed by this Order, deposit or cause to be deposited the amounts of money specified by this Order. (c) The District is duly authorized under the laws of the State of Texas to issue the Bonds; all action on its part for the creation and issuance of the Bond has been duly and effectively taken; and the Bonds in the hands of the Owners thereof is and will be valid and enforceable obligations of the District in accordance with their terms. (d) The District will at all times collect for services rendered by the System such amounts as will be at least sufficient to pay all Maintenance and Operation Expenses, and to provide Net Revenues equal to 1.10 times the amount that is sufficient to pay the scheduled principal of and interest on the Parity Revenue Obligations, plus one times the amount (if any) required to be deposited in any reserve or contingency fund or account created for the payment and security of the Parity Revenue Obligations. (e) If the System should become legally liable for any other indebtedness, the District shall fix, maintain, charge and collect additional rates and services rendered by the System, sufficient to establish and maintain funds for the payment hereof. ARTICLE XIII TAX EXEMPTION Section 13.1 Covenants. The District covenants to take any action necessary to assure, or refrain from any action which would adversely affect, the treatment of the Bonds as obligations described in section 103 of the Internal Revenue Code of 1986, as amended (the "Code"), the interest on which is not includable in the "gross income" of the holder for purposes of federal income taxation. In furtherance thereof, the District covenants as follows: (1) to take any action to assure that no more than 10 percent of the proceeds of the Bonds or the projects financed therewith (less amounts deposited to a reserve fund, if any) are used for any "private business use," as defined in section 141(b)(6) of the Code or, if more than 10 percent of the proceeds or the projects financed therewith are so used, such amounts, whether or not received by the District, with respect to such private business use, do not, under the terms of this Order or any underlying arrangement, directly or indirectly, secure or provide for the payment of more than 10 percent of the debt service on the Bonds, in contravention of section 141(b)(2) of the Code; (2) to take any action to assure that in the event that the "private business use" described in subsection (1) hereof exceeds 5 percent of the proceeds of the Bonds or the projects financed therewith (less amounts deposited into a reserve fund, if any) then the amount in excess of 5 percent is used for a "private business use" which is "related" and not "disproportionate," within the meaning of section 141(b)(3) of the Code, to the governmental use; (3) to take any action to assure that no amount which is greater than the lesser of $5,000,000, or 5 percent of the proceeds of the Bonds (less amounts deposited into a reserve fund, if any) is directly or indirectly used to finance loans to persons, other than state or local governmental units, in contravention of section 141(c) of the Code; (4) to refrain from taking any action which would otherwise result in the Bonds being treated as "private activity bonds" within the meaning of section 141(b) of the Code; 104 of 256 March 18, 2019 Regular Meeting Agenda Packet (5) to refrain from taking any action that would result in the Bonds being "federally guaranteed" within the meaning of section 149(b) of the Code; (6) to refrain from using any portion of the proceeds of the Bonds, directly or indirectly, to acquire or to replace funds which were used, directly or indirectly, to acquire investment property (as defined in section 148(b)(2) of the Code) which produces a materially higher yield over the term of the Bonds, other than investment property acquired with -- (A) proceeds of the Bonds invested for a reasonable temporary period of 3 years or less or, in the case of a current refunding bond, for a period of 90 days or less until such proceeds are needed for the purpose for which the bonds are issued, (B) amounts invested in a bona fide debt service fund, within the meaning of section 1.148-1(b) of the Treasury Regulations, and (C) amounts deposited in any reasonably required reserve or replacement fund to the extent such amounts do not exceed 10 percent of the proceeds of the Bonds; (7) to otherwise restrict the use of the proceeds of the Bonds or amounts treated as proceeds of the Bonds, as may be necessary, so that the Bonds do not otherwise contravene the requirements of section 148 of the Code (relating to arbitrage); (8) to refrain from using the proceeds of the Bonds or proceeds of any prior bonds to pay debt service on another issue more than 90 days after the date of issue of the Bonds in contravention of the requirements of section 149(d) of the Code (relating to advance refundings); and (9) to pay to the United States of America at least once during each five-year period (beginning on the date of delivery of the Bonds) an amount that is at least equal to 90 percent of the "Excess Earnings," within the meaning of section 148(0 of the Code and to pay to the United States of America, not later than 60 days after the Bonds have been paid in full, 100 percent of the amount then required to be paid as a result of Excess Earnings under section 148(0 of the Code. Section 13.2 Rebate Fund. In order to facilitate compliance with the above covenant (8), a "Rebate Fund" is hereby established by the District for the sole benefit of the United States of America, and such fund shall not be subject to the claim of any other person, including without limitation the bondholders. The Rebate Fund is established for the additional purpose of compliance with section 148 of the Code. Section 13.3 Proceeds. The District understands that the term "proceeds" includes "disposition proceeds" as defined in the Treasury Regulations and, in the case of refunding bonds, transferred proceeds (if any) and proceeds of the refunded bonds expended prior to the date of issuance of the Bonds. It is the understanding of the District that the covenants contained herein are intended to assure compliance with the Code and any regulations or rulings promulgated by the U.S. Department of the Treasury pursuant thereto. In the event that regulations or rulings are hereafter promulgated which modify or expand provisions of the Code, as applicable to the Bonds, the District will not be required to comply with any covenant contained herein to the extent that such failure to comply, in the opinion of nationally recognized bond counsel, will not adversely affect the exemption from federal income taxation of interest on the Bonds under section 103 of the Code. In the event that regulations or rulings are hereafter promulgated which impose additional requirements which are applicable to the Bonds, the District agrees to comply with the additional requirements to the extent necessary, in the opinion of nationally recognized bond counsel, to preserve the exemption from federal income taxation of interest on the Bonds under section 103 of the Code. In furtherance of such intention, the District hereby authorizes and directs the President to execute 105 of 256 March 18, 2019 Regular Meeting Agenda Packet any documents, certificates or reports required by the Code and to make such elections, on behalf of the District, which may be permitted by the Code as are consistent with the purpose for the issuance of the Bonds. Section 13.4 Allocation of, and Limitation on Expenditures for the Project. The District covenants to account for the expenditure of sale proceeds and investment earnings to be used for the purposes described in Section 1 of this Order (the "Project") on its books and records in accordance with the requirements of the Internal Revenue Code. The District recognizes that in order for the proceeds to be considered used for the reimbursement of costs, the proceeds must be allocated to expenditures within 18 months of the later of the date that (1) the expenditure is made, or (2) the Project is completed; but in no event later than three years after the date on which the original expenditure is paid. The foregoing notwithstanding, the District recognizes that in order for proceeds to be expended under the Internal Revenue Code, the sale proceeds or investment earnings must be expended no more than 60 days after the earlier of (1) the fifth anniversary of the delivery of the Bonds, or (2) the date the Bonds are retired. The District agrees to obtain the advice of nationally -recognized bond counsel if such expenditure fails to comply with the foregoing to assure that such expenditure will not adversely affect the tax-exempt status of the Bonds. For purposes hereof, the issuer shall not be obligated to comply with this covenant if it obtains an opinion that such failure to comply will not adversely affect Section 13.5 Disposition of Proiect. The District covenants that the property constituting the Project will not be sold or otherwise disposed in a transaction resulting in the receipt by the District of cash or other compensation, unless any action taken in connection with such disposition will not adversely affect the tax- exempt status of the Bonds. For purpose of the foregoing, the District may rely on an opinion of nationally - recognized bond counsel that the action taken in connection with such sale or other disposition will not adversely affect the tax-exempt status of the Bonds. For purposes of the foregoing, the portion of the property comprising personal property and disposed in the ordinary course shall not be treated as a transaction resulting in the receipt of cash or other compensation. For purposes hereof, the District shall not be obligated to comply with this covenant if it obtains an opinion that such failure to comply will not adversely affect the excludability for federal income tax purposes from gross income of the interest. Section 13.6 Designation as Qualified Tax -Exempt Bonds. The District hereby designates the Bonds as "qualified tax-exempt bonds" as defined in section 265(b)(3) of the Code. In furtherance of such designation, the District represents, covenants and warrants the following: (a) that during the calendar year in which the Bonds are issued, the District (including any subordinate entities) has not designated nor will designate bonds, which when aggregated with the Bonds, will result in more than $10,000,000 of "qualified tax-exempt bonds" being issued; (b) that the District reasonably anticipates that the amount of tax-exempt obligations issued, during the calendar year in which the Bonds are issued, by the District (or any subordinate entities) will not exceed $10,000,000; and, (c) that the District will take such action or refrain from such action as necessary, and as more particularly set forth in this Section, in order that the Bonds will not be considered "private activity bonds" within the meaning of section 141 of the Code.. ARTICLE XIV CONTINUING DISCLOSURE OF FINANCIAL INFORMATION Section 14.1 Annual Reports. (a) The District shall provide annually to the MSRB, within six months after the end of each fiscal year ending in or after 2019, financial information and operating data with respect to the District, of the general type included in the Official Statement. The information to be updated includes Tables 1, 2, 3, 4, 5, 8, 9 and 10 of Appendix A of the Official Statement, and the annual audited financial statements of 106 of 256 March 18, 2019 Regular Meeting Agenda Packet the District. Any financial statements so to be provided shall be (i) prepared in accordance with generally accepted auditing standards or such other accounting principles as the District may be required to employ from time to time pursuant to State law or regulation and (ii) audited, if the audit is completed within the period during which they must be provided. If the audit of such financial statements is not complete within such period, then the District shall provide unaudited financial statements for the applicable fiscal year to the MSRB within such six month period and audited financial statements when the audit report on such statements becomes available. (b) If the District changes its fiscal year, it will notify the MSRB of the change (and of the date of the new fiscal year end) prior to the next date by which the District otherwise would be required to provide financial information and operating data pursuant to this Section. (c) The financial information and operating data to be provided pursuant to this Section may be set forth in full in one or more documents or may be included by specific reference to any document that is available to the public on the MSRB's internet website or filed with the SEC. Section 14.2 Material Event Notices. (i) The District shall notify the MSRB in an electronic format prescribed by the MSRB, in a timely manner not in excess of ten business days after the occurrence of the event, of any of the following events with respect to the Bonds: 1. Principal and interest payment delinquencies; 2. Non-payment related defaults, if material; 3. Unscheduled draws on debt service reserves reflecting financial difficulties; 4. Unscheduled draws on credit enhancements reflecting financial difficulties; 5. Substitution of credit or liquidity providers, or their failure to perform; 6. Adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds; 7. Modifications to rights of Beneficial Owners of the Bonds, if material; 8. Bond calls, if material, and tender offers; 9. Defeasances; 10. Release, substitution, or sale of property securing repayment of the Bonds, if material; 11. Rating changes; 12. Bankruptcy, insolvency, receivership or similar event of the District or other obligated person within the meaning of CFR § 240.15c2-12 (the "Rule"); 13. Consummation of a merger, consolidation, or acquisition involving the District or other obligated person within the meaning of the Rule or the sale of all or substantially all of the assets of the District or other obligated person within the meaning of the Rule, other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of an definitive agreement relating to any such actions, other than pursuant to its terms, if material; 14. Appointment of a successor or additional trustee or the change of name of a trustee, if material; 15. Incurrence of a financial obligation of the obligated person, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a financial obligation of the obligated person, any of which affect security holders, if material; and 16. Default, event of acceleration, termination event, modification of terms, or other similar events under the terms of a financial obligation of the obligated person, any of which reflect financial 107 of 256 March 18, 2019 Regular Meeting Agenda Packet difficulties. The terms "financial obligation" and "material" when used in this paragraph shall have the meanings ascribed to them under federal securities laws. (ii) The District shall notify the MSRB in an electronic format prescribed by the MSRB, in a timely manner, of any failure by the District to provide financial information or operating data in accordance with this Section 14.2 of this Order by the time required by this Section. Section 14.3 Limitations, Disclaimers and Amendments. (a) The District shall be obligated to observe and perform the covenants specified in this Article for so long as, but only for so long as, the District remains an "obligated person" with respect to the Bonds within the meaning of the Rule, except that the District in any event will give notice of any deposit made in accordance with Texas law that causes the Bonds no longer to be outstanding. (b) The provisions of this Section are for the sole benefit of the Bondholders and nothing in this Article, express or implied, shall give any benefit or any legal or equitable right, remedy, or claim hereunder to any other person. The District undertakes to provide only the financial information, operating data, financial statements and notices which it has expressly agreed to provide pursuant to this Article and does not hereby undertake to provide any other information that may be relevant or material to a complete presentation of the District's financial results, condition, or prospects or hereby undertake to update any information provided in accordance with this Article or otherwise, except as expressly provided herein. The District does not make any representation or warranty concerning such information or its usefulness to a decision to invest in or sell Bonds at any future date. (c) UNDER NO CIRCUMSTANCES SHALL THE DISTRICT BE LIABLE TO A BONDHOLDER OR ANY OTHER PERSON, IN CONTRACT OR TORT, FOR DAMAGES RESULTING IN WHOLE OR IN PART FROM ANY BREACH BY THE DISTRICT, WHETHER NEGLIGENT OR WITHOUT FAULT ON ITS PART, OF ANY COVENANT SPECIFIED IN THIS SECTION. EVERY RIGHT AND REMEDY OF ANY SUCH PERSON, IN CONTRACT OR TORT, FOR OR ON ACCOUNT OF ANY SUCH BREACH SHALL BE LIMITED TO AN ACTION FOR MANDAMUS OR SPECIFIC PERFORMANCE. (d) No default by the District in observing or performing its obligations under this Article shall comprise a breach of or default under the Order for purposes of any other provision of this Order. Nothing in this Article is intended or shall act to disclaim, waive, or otherwise limit the duties of the District under federal and state securities laws. (e) Notwithstanding any other provision within this Order, the provisions of this Article may be amended by the District from time to time to adapt to changed circumstances that arise from a change in legal requirements, a change in law, or a change in the identity, nature, or status or type of operations of the District, if (1) the agreement, as so amended, would have permitted an underwriter to purchase or sell Bonds in the original primary offering in compliance with the Rule, taking into account such amendment as well as such changed circumstances, and (2) a person unaffiliated with the District (such as nationally recognized bond counsel) determines that the amendment will not materially impair the interests of the Bondholders. If any such amendment is made, the District will include in its next annual update an explanation in narrative form of the reasons for the change and its impact on the type of operating data or financial information being provided. ARTICLE XV DEFAULT AND REMEDIES 108 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 15.1 Events of Default. Each of the following occurrences or events for the purpose of this Order is hereby declared to be an Event of Default: (a) the failure to make payment of the principal of or interest on any of the Bonds when the same becomes due and payable; (b) default in the performance or observance of any other covenant, agreement, or obligation of the District and the continuation thereof for a period of 30 days after notice of such default is given by any Bondholder to the District; or (c) the District files for protection under the federal Bankruptcy Code or other similar state or federal statute. Section 15.2 Remedies for Default. (a) Upon the happening of any Event of Default or the default in the performance or observance of any other covenant, agreement, or obligation of the District, then any Bondholder or an authorized representative thereof, including but not limited to, a trustee or trustees therefor, may proceed against the District for the purpose of protecting and enforcing the rights of the Bondholders under this Order, by mandamus or other suit, action or special proceeding in equity or at law, in any court of competent jurisdiction, for any relief permitted by law, including the specific performance of any covenant or agreement contained herein, or thereby to enjoin any act or thing that may be unlawful or in violation of any right of the Bondholders hereunder or any combination of such remedies. (b) All such proceedings shall be instituted and maintained for the equal benefit of all Bondholders. Section 15.3 Remedies Not Exclusive. (a) No remedy herein conferred or reserved is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or under the Bonds or now or hereafter existing at law or in equity; provided, however, that notwithstanding any other provision of this Order, the right to accelerate the debt evidenced by the Bonds shall not be available as a remedy under this Order. (b) The exercise of any remedy herein conferred or reserved shall not be deemed a waiver of any other available remedy. ARTICLE XVI DISTRICT OFFICERS' DUTIES Section 16.1 District Officers' Duties. (a) The President and Secretary/Treasurer of the Board of Directors of the District are hereby instructed and directed to do any and all things necessary in reference to the installation, completion and maintenance of the District's plants, facilities and improvements and to make monies available for the payment of the Bonds in the manner provided by law. (b) The President of the Board of Directors of the District shall submit the Bonds, the record of the proceedings authorizing the issuance of the Bonds and any and all other necessary orders, certificates and records to the Attorney General of the State of Texas for his investigation. After obtaining the approval 109 of 256 March 18, 2019 Regular Meeting Agenda Packet of the Attorney General, the President of the Board of Directors shall cause the Bonds to be registered by the Comptroller of Public Accounts of the State of Texas. (c) The President and Secretary/Treasurer of the Board of Directors are authorized to do any and all things proper and necessary to carry out the intent of this Order. ARTICLE XVII DISCHARGE Section 17.1 Defeasance. (a) If the District shall pay or cause to be paid, or there shall otherwise be paid to the Bondholders, the principal of and interest on the Bonds, at the times and in the manner stipulated in this Order, then the pledge of Pledged Revenues under this Order and all covenants, agreements, and other obligations of the District to the Bondholders shall thereupon cease, terminate, and become void and be discharged and satisfied, and the Paying Agent/Registrar shall pay over or deliver all money held by it under this Order to the District. (b) Bonds or interest installments for the payment of which money shall have been set aside and shall be held in trust by the Paying Agent/Registrar or with any other bank or trust company which has agreed to hold the same for such purpose (through deposit by the District of funds for such payment or otherwise) at the Stated Maturity thereof shall be deemed to have been paid within the meaning and with the effect expressed above in this Section. All Existing Obligations shall be deemed to have been paid, prior to their Stated Maturity, within the meaning and with the effect expressed above in this Section, if there shall have been deposited with the Paying Agent/Registrar either (a) money in an amount which shall be sufficient to make such payment, (b) Governmental Obligations certified by an independent public accounting firm of national reputation to be of such maturities and interest payment dates and to bear such interest as will, without further investment or reinvestment of either the principal amount thereof or the interest earnings therefrom, be sufficient to make such payment, or (c) a combination of money and Governmental Obligations together so certified to be sufficient to make such payment, provided that all the expenses pertaining to the Bonds with respect to which such deposit is made shall have been paid or the payment thereof provided for to the satisfaction of the Paying Agent/ Registrar (and to such other bank or trust company). ARTICLE XVIII MISCELLANEOUS Section 18.1 District's Successors and Assigns. Whenever in this Order the District is named and referred to, it shall be deemed to include its successors and assigns, and all covenants and agreements in this Order by or on behalf of the District, except as otherwise provided herein, shall bind and inure to the benefit of its successors and assigns whether or not so expressed. Section 18.2 Benefits of Order Provisions. Nothing in this Order or in the Bonds, expressed or implied, shall give or be construed to give any person, firm or corporation, other than the District, the Paying Agent/Registrar and the Bondholders any legal or equitable right or claim under or in respect of this Order, or under any covenant, condition or provision herein contained, all the covenants, conditions and provisions contained in this Order or in the Bonds being for the sole benefit of the District, the Paying Agent/Registrar and the Bondholders. Section 18.3 Severability Clause. If any word, phrase, clause, sentence, paragraph, Section or other part of this Order, or the application thereof to any person or circumstance, shall ever be held to be invalid or 110 of 256 March 18, 2019 Regular Meeting Agenda Packet unconstitutional by any court of competent jurisdiction, the remainder of this Order and the application of such word, phrase, clause, sentence, paragraph, Section or other part of this Order to any other persons or circumstances shall not be affected thereby. Section 18.4 Open Meeting. It is hereby officially found and determined that the meeting at which this Order was adopted was open to the public, and public notice of the time, place and purpose of said meeting was properly given, all as required by Chapter 551, Texas Government Code, and Section 49.063, Texas Water Code, as amended. Section 18.5 Amendments. (a) This Order shall constitute a contract with the Bondholders entered into upon the initial purchase of the Bonds, shall be binding on the District and its successors and assigns whether or not so expressed, and shall not be amended or repealed by the District so long as any Bond remains outstanding except as permitted in this Section. (b) The District may, without the consent of or notice to any Bondholder, from time to time and at any time amend this Order in any manner that the District determines is not detrimental to the interests of the Bondholders, for the purpose of the curing of any ambiguity, inconsistency, or formal defect or omission herein or therein. In addition, the District may amend, add to, or rescind any of the provisions of this Order; except that, notwithstanding the foregoing, without the consent of the Holders of all of the affected outstanding Bonds, no such amendment, addition, or rescission shall (1) change the Stated Maturity of the Bonds or any Interest Payment Date for an installment of interest thereon, reduce the principal amount thereof, the Redemption Price therefor, or the rate of interest thereon, change the place or places at, or the coin or currency in, which any Bond or the interest thereon is payable, or in any other way modify the terms or sources of payment of the principal of or interest on the Bonds, (2) give any preference to any Bond over any other Bond, or (3) modify any of the provisions of this Section, except to provide that certain other provisions of this Order cannot be modified or waived without the consent of the Holder of each Bond affected thereby. (c) Any consent to any amendment hereof by the Bondholder shall bind every future Holder of the same Bond and the Holder of every Bond issued upon transfer or in lieu thereof or in exchange therefor, in respect of anything done or suffered to be done by the District in reliance thereon, whether or not notation of such action is made upon such Bond. (d) Any rating agency rating the Bonds must receive notice of each amendment and a copy thereof at least 15 days in advance of its execution or adoption. Section 18.6 Notice to Bondholders. Except as may be otherwise provided in this Order, where this Order provides for notice to Bondholders of any event, such notice shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed, first-class postage prepaid, to each Bondholder, at the address of such Bondholder as it appears in the Register. Neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder of Bonds shall affect the sufficiency of such notice with respect to all other Bondholders. Wherever this Order provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event with respect to which such notice is given, and such waiver shall be the equivalent of such notice. Waivers of notice by Bondholders shall be filed with the District, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. ARTICLE XIX EFFECTIVENESS 111 of 256 March 18, 2019 Regular Meeting Agenda Packet Section 19.1 Effectiveness. This Order shall take effect and be in force from and after its passage and approval. PASSED AND APPROVED on this day of , 2019. [Remainder of this page intentionally left blank.] 112 of 256 ATTEST: Secretary/Treasurer, Board of Directors (SEAL) March 18, 2019 Regular Meeting Agenda Packet President, Board of Directors 113 of 256 March 18, 2019 Regular Meeting Agenda Packet Exhibit "A Paying Agent/Registrar Agreement 114 of 256 March 18, 2019 Regular Meeting Agenda Packet Exhibit B Form of Escrow Agreement 115 of 256 March 18, 2019 Regular Meeting Agenda Packet PAYING AGENT/REGISTRAR AGREEMENT THIS AGREEMENT (the "Agreement"), is entered into as of March 18, 2019, by and between Trophy Club Municipal Utility District No. 1 (the "Issuer") and BOKF, NA, Dallas, Texas (the "Bank") a national banking association duly organized and operating under the laws of the United States of America. WHEREAS, the Issuer has duly authorized and provided for the issuance of its $7,200,000 Water and Sewer System Revenue Bonds, Series 2019 ("the Bonds"), such to be issued in fully registered form only as to the payment of principal and interest thereon; and WHEREAS, the Bonds are scheduled to be delivered to the initial purchasers thereof on or about April 23, 2019; and WHEREAS, the Issuer has selected the Bank to serve as Paying Agent/Registrar in connection with the payment of the principal of, premium, if any, and interest on the Bonds and with respect to the registration, transfer, and exchange thereof by the registered owners thereof; and WHEREAS, the Bank has agreed to serve in such capacities for and on behalf of the Issuer and has full power and authority to perform and serve as Paying Agent/Registrar for the Bonds; NOW, THEREFORE, it is mutually agreed as follows: ARTICLE ONE APPOINTMENT OF BANK AS PAYING AGENT AND REGISTRAR SECTION 1.01. APPOINTMENT. The Issuer hereby appoints the Bank to serve as Paying Agent with respect to the Bonds. As Paying Agent for the Bonds, the Bank shall be responsible for paying on behalf of the Issuer the principal, premium (if any), and interest on the Bonds as the same become due and payable to the registered owners thereof, all in accordance with this Agreement and the "Order" (hereinafter defined). The Issuer hereby appoints the Bank as Registrar with respect to the Bonds. As Registrar for the Bonds, the Bank shall keep and maintain for and on behalf of the Issuer books and records as to the ownership of said Bonds and with respect to the transfer and exchange thereof as provided herein and in the Order, a copy of which books and records shall be maintained at the office of the Bank located in the State of Texas or shall be available to be accessed from such office located in the State of Texas. 116 of 256 March 18, 2019 Regular Meeting Agenda Packet The Bank hereby accepts its appointment, and agrees to serve as the Paying Agent and Registrar for the Bonds. SECTION 1.02. COMPENSATION. As compensation for the Bank's services as Paying Agent/Registrar, the Issuer hereby agrees to pay the Bank the fees and amounts set forth in Schedule A attached hereto for the first year of this Agreement and thereafter the fees and amounts set forth in the Bank's current fee schedule then in effect for services as Paying Agent/Registrar for municipalities, which shall be supplied to the Issuer on or before 90 days prior to the close of the Fiscal Year of the Issuer, and shall be effective upon the first day of the following Fiscal Year. In addition, the Issuer agrees to reimburse the Bank upon its request for all reasonable expenses, disbursements and advances incurred or made by the Bank in accordance with any of the provisions hereof (including the reasonable compensation and the expenses and disbursements of its agents and counsel). ARTICLE TWO DEFINITIONS SECTION 2.01. DEFINITIONS: For all purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise requires: "Acceleration Date" on any Security means, if applicable, the date on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security. "Bank Office" means the office of the Bank as follows: BOKF, NA, 5956 Sherry Lane, Ste. #1201, Dallas, Texas 75225. The Bank will notify the Issuer in writing of any change in location of the Bank Office. "Collected Funds" Funds immediately available to the Paying Agent as of the due date of such funds. "Date of Issue" is March 15, 2019. "Delivery Date" is on or about April 23, 2019. "Depository" is DTC. "Fiscal Year" is the twelve month -period beginning on October 1 of each year and ending on September 30 of the following year. "Holder" and "Security Holder" each means the Person in whose name a Security is registered in the Security Register. 117 of 256 March 18, 2019 Regular Meeting Agenda Packet "Issuer Request" and "Issuer Order" means a written request or Order signed in the name of the Issuer by the Treasurer or his or her designee. "Legal Holiday" means a day on which the Bank is required or authorized to be closed. "Order" means the Order of the governing body of the Issuer pursuant to which the Bonds are issued. "Payment Dates" are March 1 and September 1 of each year beginning March 1, 2020. "Person" means any individual, corporation, partnership, joint venture, association, joint stock company, trust, unincorporated organization or government or any agency or political subdivision of a government. "Predecessor Bonds" of any particular Security means every previous Security evidencing all or a portion of the same obligation as that evidenced by such particular Security (and, for the purposes of this definition, any mutilated, lost, destroyed, or stolen Security for which a replacement Security has been registered and delivered in lieu thereof pursuant to Section 4.06 hereof and the Order). "Record Date" for the interest payable on any Interest Payment Date shall mean the close of business on the fifteenth day of the month preceding such Interest Payment Date. "Redemption Date" when used with respect to any Security to be redeemed means the date fixed for such redemption pursuant to the terms of the Order. "Responsible Officer" when used with respect to the Bank means the Chairman or Vice - Chairman of the Board of Directors, the Chairman or Vice-chairman of the Executive Committee of the Board of Directors, the President, any Vice President, the Secretary, any Assistant Secretary, the Treasurer, any Assistant Treasurer, the Cashier, any Assistant Cashier, any Trust Officer or Assistant Trust Officer, or any other officer of the Bank customarily performing functions similar to those performed by any of the above designated officers and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of his knowledge of and familiarity with the particular subject. "Security" means any one of the Individual Bonds of the Issuer's $7,200,000 Water and Sewer System Revenue Bonds, Series 2019. "Security Register" means a register maintained by the Bank on behalf of the Issuer providing for the registration and transfer of the Bonds. "Stated Maturity" means the date specified in the Order the principal of a Security is scheduled to be due and payable. 118 of 256 March 18, 2019 Regular Meeting Agenda Packet SECTION 2.02 OTHER DEFINITIONS. The terms "Bank," "Issuer," and "Bonds (Security)" have the meanings assigned to them in the recital paragraphs of this Agreement. The term "Paying Agent/Registrar" refers to the Bank in the performance of the duties and functions of this Agreement. ARTICLE THREE PAYING AGENT SECTION 3.01 DUTIES OF PAYING AGENT. (a) As Paying Agent, the Bank shall, provided adequate Collected Funds have been provided to it for such purpose by or on behalf of the Issuer, pay on behalf of the Issuer the principal of each Security at its Stated Maturity, Redemption Date, or Acceleration Date, to the Holder upon surrender of the Security to the Bank at its corporate trust operations office located in Dallas, Texas. (b) As Paying Agent, the Bank shall, provided adequate collected funds have been provided to it for such purpose by or on behalf of the Issuer, pay on behalf of the Issuer the interest on each Security when due, by computing the amount of interest to be paid each Holder and preparing and sending checks by United States Mail, first class, postage prepaid, on each payment date, to the Holders of the Bonds (or their Predecessor Bonds) on the respective Record Date, to the address appearing on the Security Registrar or by such other method, acceptable to the Bank, requested in writing by the Holder at the Holder's risk and expense. The Issuer shall pay all charges from Depositories for untimely payments, provided however, the Bank also agrees to abide by the Depository requirement for same day wire transfer of funds for debt service payment. SECTION 3.02 PAYMENT DATES. Provided adequate collected funds are provided to it no later than 10:00 a.m. on the payment date, the Issuer hereby instructs the Bank to pay the principal and interest on the Bonds on the dates specified in the Order. ARTICLE FOUR REGISTRAR SECTION 4.01 SECURITY REGISTER — TRANSFERS AND EXCHANGES. The Bank agrees to keep and maintain for and on behalf of the Issuer at the Bank Office books and records (herein sometimes referred to as the "Security Register") for recording the names and addresses of the Holders of the Bonds, the transfer, exchange, and replacement of the Bonds, and the payment of the principal of and interest on the Bonds to the Holders and containing such other information as may be reasonably required by the issuer and subject to such reasonable regulations as the Issuer and the Bank may prescribe. All transfers, exchanges, and replacement of Bonds shall be noted in the Security Register. The Bank agrees further to keep and maintain a copy of 119 of 256 March 18, 2019 Regular Meeting Agenda Packet the Security Register at its office located in the State of Texas or provides for such Security Register to be available to be accessed from such office located in the State of Texas. Every Security surrendered for transfer or exchange shall be duly endorsed or be accompanied by a written instrument of transfer, the signature on which has been guaranteed by an officer of a federal or state bank or a member of the National Association of Bonds Dealers, in form satisfactory to the Bank, duly executed by the Holder thereof or his agent duly authorized in writing. The Bank may request any supporting documentation it feels necessary to affect a registration, transfer, or exchange of the Bonds. To the extent possible and under reasonable circumstances, the Bank agrees that, in relation to an exchange or transfer of Bonds, the exchange or transfer by the Holders thereof will be completed and new Bonds delivered to the Holder or the assignee of the Holder in not more than three business days after the receipt of the Bonds to be cancelled in an exchange or transfer and the written instrument of transfer or request for exchange duly executed by the Holder, or his duly authorized agent, in form and manner satisfactory to the Paying Agent/Registrar. SECTION 4.02 BONDS The Issuer shall provide an adequate inventory of printed Bonds to facilitate transfers or exchanges thereof. The Bank covenants that the inventory of printed Bonds will be kept in safekeeping pending their use, and reasonable care will be exercised by the Bank in maintaining such Bonds in safekeeping, which shall be not less than the care maintained by the Bank for debt Bonds of other political subdivisions or corporations for which it serves as registrar, or that is maintained for its own Bonds. SECTION 4.03 FORM OF SECURITY REGISTER. The Bank, as Registrar, will maintain the Security Register relating to the registration, payment, transfer, and exchange of the Bonds in accordance with the Bank's general practices and procedures in effect from time to time. The Bank shall not be obligated to maintain such Security Register in any form other than those which the Bank has currently available and currently utilizes at the time. The Security Register may be maintained in written form or in any other form capable of being converted into written form within a reasonable time. SECTION 4.04 LIST OF SECURITY HOLDERS. The Bank will provide the Issuer at any time requested by the Issuer, upon payment of the required fee, a copy of the information contained in the Security Register. The Issuer may also inspect the information contained in the Security Register at any time the Bank is customarily open for business, provided that reasonable time is allowed the Bank to provide an up-to-date listing or to convert the information into written form. Unless required by law, the Bank will not release or disclose the contents of the Security Register to any person other than to, or at the written request of, an authorized officer or employee 120 of 256 March 18, 2019 Regular Meeting Agenda Packet of the Issuer, except upon receipt of a court order or as otherwise required by law. Upon receipt of a court order and prior to the release or disclosure of the contents of the Security Register, the Bank will notify the Issuer so that the Issuer may contest the court order or such release or disclosure of the contents of the Security Register. SECTION 4.05 CANCELLED BONDS. The Agent will retain and destroy cancelled and matured Bonds upon expiration of the appropriate retention period. SECTION 4.06 MUTILATED, DESTROYED, LOST, OR STOLEN BONDS. The Issuer hereby instructs the Bank, subject to the applicable provisions of the Order, to deliver and issue Bonds in exchange for or in lieu of mutilated, destroyed, lost, or stolen Bonds as long as the same does not result in an over issuance. In case any Security shall be mutilated, or destroyed, lost, or stolen, the Bank, in its discretion, may execute and deliver a replacement Security of like form and tenor, and in the same denomination and bearing a number not contemporaneously outstanding, in exchange and substitution for such mutilated Security, or in lieu of and in substitution for such destroyed, lost, or stolen Security, only after (i) the filing by the Holder thereof with the Bank of evidence satisfactory to the Bank of the destruction, loss, or theft of such Security, and of the authenticity of the ownership thereof and (ii) the furnishing to the Bank of indemnification in an amount satisfactory to hold the Issuer and the Bank harmless. All expenses and charges associated with such indemnity and with the preparation, execution, and delivery of a replacement Security shall be borne by the Holder of the Security mutilated, or destroyed, lost, or stolen. SECTION 4.07 TRANSACTION INFORMATION TO ISSUER. The Bank will, within a reasonable time after receipt of written request from the Issuer, furnish the Issuer information as to the Bonds it has paid pursuant to Section 3.01, Bonds it has delivered upon the transfer or exchange of any Bonds pursuant to Section 4.01, and Bonds it has delivered in exchange for or in lieu of mutilated, destroyed, lost, or stolen Bonds pursuant to Section 4.06. ARTICLE FIVE THE BANK SECTION 5.01 DUTIES OF BANK. The Bank undertakes to perform the duties set forth herein and in the Order and agrees to use reasonable care in the performance thereof. SECTION 5.02 RELIANCE ON DOCUMENTS, ETC. (a) The Bank may conclusively rely, as to the truth of the statements and correctness of the opinions expressed therein, on certificates or opinions furnished to the Bank. (b) The Bank shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it shall be proved that the Bank was negligent in ascertaining the pertinent facts. 121 of 256 March 18, 2019 Regular Meeting Agenda Packet (c) No provision of this Agreement shall require the Bank to expend or risk its own funds or otherwise incur any financial liability for performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity satisfactory to it against such risks or liability is not assured to it. (d) The Bank may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, resolution, bond, note, security, or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties. Without limiting the generality of the foregoing statement, the Bank need not examine the ownership of any Bonds, but is protected in acting upon receipt of Bonds containing an endorsement or instruction of transfer or power of transfer which appears on its face to be signed by the Holder or an agent of the Holder. The Bank shall not be bound to make any investigation into the facts or matters stated in a resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, Bond Order, bond, note security or other paper document supplied by Issuer. (e) The Bank may consult with counsel, and the written advice of such counsel or any opinion of counsel shall be full and complete authorization and protection with respect to any action taken, suffered, or omitted by it hereunder in good faith and in reliance thereon. (f) The Bank may exercise any of the powers hereunder and perform any duties hereunder either directly or by or through agents or attorneys of the Bank. (g) The Bank is also authorized to transfer funds relating to the closing and initial delivery of the securities in the manner disclosed in the closing memorandum as prepared by the Issuer, Issuer's financial advisor or other agents. The Bank may act on a facsimile or e-mail transmission of the closing memorandum acknowledged by the Issuer, Issuer's financial advisor or other agents as the final closing memorandum. The Bank shall not be liable for any losses, costs or expenses arising directly or indirectly from the Bank's reliance upon and compliance with such instructions. SECTION 5.03 RECITALS OF ISSUER. The recitals contained herein with respect to the Issuer and in the Bonds shall be taken as the statements of the Issuer, and the Bank assumes no responsibility for their correctness. The Bank shall in no event be liable to the Issuer, and Holder or Holders of any Security, or any other Person for any amount due on any Security from its own funds. 122 of 256 March 18, 2019 Regular Meeting Agenda Packet SECTION 5.04 MAY HOLD BONDS. The Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds and may otherwise deal with the Issuer with the same rights it would have if it were not the Paying Agent/Registrar, or any other agent. SECTION 5.05 MONEY HELD BY BANK. The Bank shall deposit any money received from the Issuer into a Paying Agent account to be held for the payment of the Bonds, with such money in the account that exceeds the deposit insurance, available to the Issuer, provided by the Federal Deposit Insurance Corporation to be fully collateralized with Bonds or obligations that are eligible under the laws of the State of Texas, to secure and be pledged as collateral for accounts until the principal and interest on such Bonds have been presented for payment and paid to the owner thereof. Payments made from such account shall be made by check drawn on such account. All funds at any time and from time to time provided to or held by the Bank hereunder shall be deemed, construed, and considered for all purposes as being provided to or held by the Bank in a Paying Agent capacity for the benefit of the Security Holders. The Bank acknowledges, covenants, and represents that it is acting herein in as agent in relation to such funds, and is not accepting, holding, administering, or applying such funds as a banking depository, but solely as agent for and on behalf of the Security Holders. The Holders shall be entitled to the same preferred claim and first lien on the funds so provided as are enjoyed by the beneficiaries of trust funds generally. The funds provided to the Bank hereunder shall not be subject to warrants, drafts, or checks drawn by the Issuer and, except as expressly provided herein, shall not be subject to compromise, setoff, or other charge or diminution by the Bank. The Bank shall be under no liability for interest on any money received by it hereunder. Subject to the unclaimed property laws and any provisions in the Order to the contrary, any money deposited with the Bank for the payment of the principal, premium (if any), or interest on any Security and remaining unclaimed for three years after final maturity of the Security has become due and payable will be paid by the Bank to the Issuer, and the Holder of such Security shall thereafter look only to the Issuer for payment thereof, and all liability of the Bank with respect to such money shall thereupon cease. SECTION 5.06 INDEMNIFICATION To the extent permitted by law, the Issuer agrees to indemnify the Bank for, and hold it harmless against, any loss, liability, or expense incurred without negligence or bad faith on its part, arising out of or in connection with its acceptance or administration of its duties hereunder, including the cost and expense against any claim or liability in connection with the exercise or performance of any of its powers or duties under this Agreement. SECTION 5.07 INTERPLEADER. The Issuer and the Bank agree that the Bank may seek adjudication of any adverse claim, demand, or controversy over its person as well as funds on deposit, in either a Federal or State District Court located in any County in the State of Texas where either the Bank Office or the administrative offices of the Issuer is located, and agree that service of process to Banks Interpleader by certified or registered mail, return receipt requested, to the address referred to in Section 6.03 of this Agreement shall constitute adequate service. The 123 of 256 March 18, 2019 Regular Meeting Agenda Packet Issuer and the Bank further agree that the Bank has the right to file a Bill of Interpleader in any court of competent jurisdiction to determine the rights of any Person claiming any interest herein. Notwithstanding anything in this Agreement to the contrary, the District is not agreeing to adjudication of any claims in any court that is outside of the state of Texas. SECTION 5.08. DEPOSITORY TRUST COMPANY SERVICES. It is hereby represented and warranted that, in the event the Bonds are otherwise qualified and accepted for "Depository Trust Company" services or equivalent depository trust services by other organizations, the Bank has the capability and, to the extent within its control, will comply with the "Operational Arrangements," effective from time to time, which establishes requirements for Bonds to be eligible for such type depository trust services, including, but not limited to, requirements for the timeliness of payments and funds availability, transfer turnaround time, and notification of redemptions and calls. Operational Arrangements shall govern over any other inconsistent provision. ARTICLE SIX MISCELLANEOUS PROVISIONS SECTION 6.01. AMENDMENT. This Agreement may be amended only by an agreement in writing signed by both of the parties hereto. SECTION 6.02. ASSIGNMENT. This Agreement may not be assigned by either party without the prior written consent of the other. SECTION 6.03. NOTICES. Any request, demand, authorization, direction, notice, consent, waiver, or other document provided or permitted hereby to be given or furnished to the Issuer or the Bank shall be mailed or delivered to the Issuer or the Bank, respectively, at the addresses shown on the signature page of this Agreement. SECTION 6.04. EFFECT OF HEADINGS. The Article and Section headings herein are for convenience only and shall not affect the construction hereof. SECTION 6.05. SUCCESSORS AND ASSIGNS. All covenants and agreements herein by the Issuer shall bind its successors and assigns, whether so expressed or not. SECTION 6.06. SEVERABILITY. In case any provision herein shall be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. SECTION 6.07. BENEFITS OF AGREEMENT. Nothing herein, express or implied, shall give to any Person, other that the parties hereto and their successors hereunder, any benefit or any legal or equitable right, remedy, or claim hereunder. 124 of 256 March 18, 2019 Regular Meeting Agenda Packet SECTION 6.08. ENTIRE AGREEMENT. This Agreement and the Order constitute the entire agreement between the parties hereto relative to the Bank acting as Paying Agent/Registrar and if any conflict exists between his Agreement and the Order, the Order shall govern. SECTION 6.09. COUNTERPARTS. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original and all of which shall constitute one and the same Agreement. SECTION 6.10. TERMINATION. This Agreement will terminate on the date of final payment of the principal of interest on the Bonds to the Holders thereof or may be earlier terminated by either party upon 60 days written notice; provided, however, an early termination of this Agreement by either party shall not be effective until (a) a successor Paying Agent/Registrar has been appointed by the Issuer and such appointment accepted and (b) notice has been give to the Holders of the Bonds of the appointment of a successor Paying Agent/Registrar. Furthermore, the Bank and Issuer mutually agree that the effective date of an early termination of this Agreement shall not occur at any time which would disrupt, delay, or otherwise adversely affect the payment of the Bonds. Upon an early termination of this Agreement, the Bank agrees to promptly transfer and deliver the Security Register (or a copy thereof), together with other pertinent books and records relating to the Bonds, to the Successor Paying Agent/Registrar designated and appointed by the Issuer. The provisions of Article Five shall survive and remain in full force and effect following the termination of this Agreement. SECTION 6.11 GOVERNING LAW. This Agreement shall be construed in accordance with and governed by the laws of the State of Texas. SECTION 6.12 SUCCESSOR PAYING AGENT. Any corporation or association into which the Paying Agent may be converted or merged, or with which it may be consolidated, or to which it may sell or transfer its trust business and assets as a whole, or any corporation or association resulting from any such conversion, sale, merger, consolidation or transfer to which it is a party, shall be and become successor Paying Agent hereunder and vested with all of the powers, discretion's, immunities, privileges and all other matters as was its predecessor, without the execution or filing of any instrument or any further act, deed or conveyance on the part of any of the parties hereto, anything herein to the contrary notwithstanding. SECTION 6.13 ADDITIONAL REQUIREMENTS. (a) The Paying Agent represents and warrants, for purposes of Chapter 2270 of the Texas Government Code, that at the time of execution and delivery of this Agreement, neither the Paying Agent, nor any wholly owned subsidiary, majority-owned subsidiary, parent company or affiliate of the Paying Agent, boycotts Israel. The Paying Agent agrees that, except to the extent otherwise 125 of 256 March 18, 2019 Regular Meeting Agenda Packet required by applicable federal law, including, without limitation, 50 U.S.C. Section 4607, neither the Paying Agent, nor any wholly-owned subsidiary, majority-owned subsidiary, parent company, or affiliate of the Paying Agent, will boycott Israel during the term of this Agreement. The terms "boycotts Israel" and "boycott Israel" as used in this clause (A) has the meaning assigned to the term "boycott Israel" in Section 808.001 of the Texas Government Code. (b) The Paying Agent represents and warrants, for purposes of Subchapter F of Chapter 2252 of the Texas Government Code, that at the time of execution and delivery of this Agreement neither the Paying Agent, nor any wholly owned subsidiary, majority-owned subsidiary, parent company or affiliate of the Paying Agent, (i) engages in business with Iran, Sudan or any foreign terrorist organization as described in Chapters 806 or 807 of the Texas Government Code, or Subchapter F of Chapter 2252 of the Texas Government Code, or (ii) is a company listed by the Texas Comptroller under Sections 806.051, 807.051 or 2252.153 of the Texas Government Code. The term "foreign terrorist organization" as used in this clause (B) has the meaning assigned to such term in Section 2252.151 of the Texas Government Code. 126 of 256 March 18, 2019 Regular Meeting Agenda Packet IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. Address of Issuer: Trophy Club Municipal Utility District No. 1 100 Municipal Drive Trophy Club, Texas 76262 ISSUER: TROPHY CLUB MUNICIPAL UTILITY DISTRICT No. 1 By Printed Name: Gregory Wilson Title: President, Board of Directors 127 of 256 March 18, 2019 Regular Meeting Agenda Packet BOKF, NA, Dallas, Texas By Printed Name: Address: 5956 Sherry Lane, Suite 1201 Dallas, Texas 75225 128 of 256 March 18, 2019 Regular Meeting Agenda Packet BOK FINANCIAL Services provided by BOKF, NA Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019 PAYING AGENT/REGISTRAR Schedule of Fees Acceptance Fee: WAIVED Annual Administration Fee: Invoiced semi-annually at $200.00 w/Debt Service $400.00 For ordinary administration services by Paying Agent /Registrar — includes daily routine account management and processing in accordance with the agreement. Float credit received by the bank for receiving funds that remain uninvested are deemed part of the Paying Agent's compensation. Call or Redemption of Bonds At Cost Cost includes distribution to holders of record, redemption processing and notification through DTC. Any and all publication expenses including Bond Buyer, Regional and Financial Periodicals for the call notice will be billed to the Issuer at cost. Charges for performing extraordinary or other services not contemplated at the time of the execution of the transaction or not specifically covered elsewhere in this schedule will be determined by appraisal in the amounts commensurate with the service provided. Counsel fees, if ever retained as a result of a default, or other extraordinary occurrences on behalf of the bondholders or Bank of Texas, will be billed at cost. Services not included in this Fee Schedule, but deemed necessary or desirable by you, may be subject to additional charges. Our proposal is subject in all aspects to review and acceptance of the final financing documents which sets forth our duties and responsibilities. Erin Fitzpatrick BOK Financial Vice President Corporate Trust Services Tel: 972.892.9972 5956 Sherry Lane, Suite 1201 efitzpatrick@bokf.com Dallas, TX 75225 129 of 256 March 18, 2019 Regular Meeting Agenda Packet ESCROW AGREEMENT This Escrow Agreement (the "Escrow Agreement") dated March 18, 2019, is made and entered into by and between Trophy Club Municipal Utility District No. 1 (the "District"), a conservation and reclamation district created and operating under the provisions of Art. XVI, Sec. 59, of the Texas Constitution and Chapters 49 and 65, Texas Water Code, and BOKF, NA, Dallas, Texas (the "Escrow Agent") as escrow agent. WHEREAS, the District is in the process of issuing its $7,200,000 Water and Sewer System Revenue Bonds, Series 2019, (the "Bonds"); WHEREAS, the District has established at BOKF, NA, Dallas, Texas, a construction fund account to receive the proceeds of the payment for the Bonds (the "Construction Fund"); WHEREAS, the proceeds of the Bonds shall be utilized to pay the costs of issuance of the Bonds and to pay the costs of the "Project," as defined in that certain Order dated March 18, 2019 adopted by the Board of Directors of the District authorizing the issuance of the Bonds (the "Bond Order"); and WHEREAS, the District desires the Escrow Agent to accept delivery of the proceeds of sale of the Bonds into escrow in the Construction Fund pending use of same by the District and to act on behalf of the District for purposes of investing said proceeds and, subject to approval by the Texas Commission on Environmental Quality ("TCEQ"), delivering same to the District for use by the District; NOW, THEREFORE, in consideration of the mutual undertakings, promises and agreement herein contained, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the District and the Escrow Agent agree as follows: ARTICLE I DEFINITIONS AND INTERPRETATIONS Section 1.01. Definitions. Unless otherwise expressly provided or unless the context clearly requires otherwise, the following terms shall have the respective meanings specified below for all purposes of this Escrow Agreement: "Bond Order" shall mean the District's order dated March 18, 2019, authorizing the issuance, sale and delivery of the Bonds. "Bonds" shall mean the $7,200,000 Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019. 130 of 256 March 18, 2019 Regular Meeting Agenda Packet "Construction Fund" shall mean the construction fund established by the District to receive the proceeds of the payment for the Bonds delivered to the Purchaser. "District" shall mean Trophy Club Municipal Utility District No. 1. "Escrow Agent" shall mean BOKF, NA, Dallas, Texas, in its capacity as Escrow Agent hereunder, and any successor or assign in such capacity. "Escrow Agreement" shall mean this Escrow Agreement. "Purchaser" shall mean , or its successors or assigns. Section 1.02. Interpretations. The titles and headings of the articles and sections of the Escrow Agreement have been inserted for convenience of reference only and are not to be considered a part hereof and shall not in any way modify or restrict the terms hereof. This Escrow Agreement and all of the terms and provisions hereof shall be liberally construed to effectuate the purposes set forth herein and to achieve the intended purpose of providing for the sale and delivery of the Bonds to the Purchaser. All capitalized terms used herein shall have the meanings set forth in Section 1.01 hereof or, if not set forth in said section, the meanings provided in the Bond Order. ARTICLE II DELIVERY OF BONDS INTO ESCROW Section 2.01. Delivery of Portion of Proceeds of Bonds Into Escrow. The District shall cause to be delivered to the Escrow Agent the proceeds of sale of the Bonds (less amounts to pay costs of issuance) after issuance of the Bonds by the District, approval by the Attorney General of Texas and registration with the Comptroller of the State of Texas, and sale to the Purchaser. The Escrow Agent agrees to accept delivery of that portion of the proceeds of the Bonds in accordance with the terms of the order of the Texas Commission on Environmental Quality ("TCEQ") dated November 6, 2018, approving issuance of the Bonds (the "TCEQ Order") and this Escrow Agreement subject to receipt at the time of delivery of such proceeds (or any portion thereof) to the District of a letter from the TCEQ or its designee authorizing the release of such proceeds (or portion thereof) to the District. Section 2.02. Delivery of Bonds and Receipt of Payment Therefor. Escrow Agent agrees to retain custody of the proceeds of the Bonds pending their delivery to the District. Escrow Agent agrees to invest the proceeds in Authorized Investments as that term is defined in the District's order authorizing issuance of the Bonds (the "Bond Order") and as directed by the District. All investment earnings shall accrue to the Construction Fund. Section 2.03. Delivery of Proceeds of Bonds to District. The proceeds of the Bonds, together with all investment earnings thereon, shall be held in the Construction Fund pursuant to 131 of 256 March 18, 2019 Regular Meeting Agenda Packet this Escrow Agreement and delivered to the District by the Escrow Agent subject to the following: The proceeds (or any portion thereof) of the Bonds shall be paid to the District only upon receipt by the Escrow Agent of a written request from the District for such payment, accompanied by a written approval from the TCEQ or its designee authorizing or approving the payment of such proceeds (or any portion thereof) to the District. ARTICLE III RECORDS Section 3.01. Records. The Escrow Agent shall keep books of record and accounts in which complete and correct entries shall be made of all transactions relating to the receipt and disbursement of the proceeds of sale of the Bonds and the delivery thereof. ARTICLE IV CONCERNING THE ESCROW AGENT Section 4.01. Representations of Escrow Agent. The Escrow Agent hereby represents that it has all necessary power and authority to enter into this Escrow Agreement and undertake the obligations and responsibilities imposed upon it herein, and that it will carry out all of its obligations hereunder. Section 4.02. Limitation on Liability. The Escrow Agent shall not be liable for any action taken or not taken by it in good faith in the exercise of reasonable care and believed by it to be within the discretion or power conferred upon it by this Escrow Agreement, nor shall the Escrow Agent be responsible for the consequences of any error of judgment; and the Escrow Agent shall not be answerable except for its own neglect or default, nor for any loss unless the same shall have been through its negligence or want of good faith. Unless it is otherwise specifically provided herein, the Escrow Agent has no duty to determine or inquire into the happening or occurrence of any event or contingency or the performance or failure of performance of the District with respect to arrangements or contracts with others, with the Escrow Agent's sole duty hereunder being to safeguard the proceeds of the Bonds and to invest and deliver the same in accordance with this Escrow Agreement. If, however, the Escrow Agent is called upon by the terms of this Escrow Agreement to determine the occurrence of any event or contingency, the Escrow Agent shall be obligated, in making such determination, only to exercise reasonable care and diligence, and in the event of error in making such determination the Escrow Agent shall be liable only for its own misconduct or its negligence. In determining the occurrence of any such event or contingency the Escrow Agent may request from the District or any other person such reasonable additional evidence as the 132 of 256 March 18, 2019 Regular Meeting Agenda Packet Escrow Agent in its discretion may deem necessary to determine any fact relating to this occurrence of such event or contingency, and in this connection may make inquiries of, and consult with the District, among others, at any time. No provision of this Agreement shall require the Bank to expend or risk its own funds or otherwise incur any financial liability for performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity satisfactory to it against such risks or liability is not assured to it. To the extent permitted by law, the Issuer agrees to indemnify the Bank for, and hold it harmless against, any loss, liability, or expense incurred without negligence or bad faith on its part, arising out of or in connection with its acceptance or administration of its duties hereunder, including the cost and expense against any claim or liability in connection with the exercise or performance of any of its powers or duties under this Agreement. Section 4.03. Compensation. The District will pay the Escrow Agent, as a fee for performing the services hereunder and for all expenses incurred or to be incurred by the Escrow Agent in the administration of this Escrow Agreement, the amount set forth on Exhibit "A" attached hereto. If the Escrow Agent is requested to perform any extraordinary services hereunder, the District hereby agrees to pay reasonable fees to the Escrow Agent for such extraordinary services and to reimburse the Escrow Agent for all expense incurred by the Escrow Agent in performing such extraordinary services. It is expressly provided that the Escrow Agent shall look only to the District for the payment of such additional fees and reimbursement of such additional expenses. The Escrow Agent hereby agrees that in no event shall it ever assert any claim or lien against the proceeds of the sale of the Bonds for any fees for its services, whether regular, additional or extraordinary, as Escrow Agent, or in any other capacity, or for reimbursement for any of its expenses. ARTICLE V MISCELLANEOUS Section 5.01. Notices. Any notice, authorization, request, or demand required or permitted to be given hereunder shall be in writing and shall be deemed to have been duly given when mailed by registered or certified mail, postage prepaid, addressed as follows: To the Escrow Agent: BOKF, NA 5956 Sherry Lane, Suite 1201 Dallas, Texas 75225 To the District: 133 of 256 March 18, 2019 Regular Meeting Agenda Packet Trophy Club Municipal Utility District No. 1 100 Municipal Drive Trophy Club, Texas 76262 The United States Post Office registered or certified mail receipt showing delivery of the aforesaid shall be conclusive evidence of the date and fact of delivery. Any party hereto may change the address to which notices are to be delivered by giving to the other party not less than ten days prior notice thereof. Section 5.02. Termination of Escrow Agent's Obligations. Upon the taking by the Escrow Agent of all the actions as described herein, the Escrow Agent shall have no further obligations or responsibilities hereunder to the District, the Purchaser or to any other person or persons in connection with this Escrow Agreement. Section 5.03. Binding Agreement. This Escrow Agreement shall be binding upon the District and the Escrow Agent and their respective successors and legal representatives, and shall inure solely to the benefit of the holders of the Purchaser, the District, the Escrow Agent and their respective successors and legal representatives. Section 5.04. Severability . If any one or more of the provisions contained in this Escrow Agreement shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of this Escrow Agreement, but this Escrow Agreement shall be construed as if such invalid or illegal or unenforceable provision had never been contained herein. Section 5.05. Governing Law. This Escrow Agreement shall be governed exclusively by the provisions hereof and by the applicable laws of the State of Texas. Section 5.06. Time of Essence. Time shall be of the essence in the performance of obligations from time to time imposed upon the Escrow Agent by this Escrow Agreement. Section 5.07. Additional Requirements. (a) The Escrow Agent represents and warrants, for purposes of Chapter 2270 of the Texas Government Code, that at the time of execution and delivery of this Agreement, neither the Escrow Agent, nor any wholly owned subsidiary, majority-owned subsidiary, parent company or affiliate of the Escrow Agent, boycotts Israel. The Escrow Agent agrees that, except to the extent otherwise required by applicable federal law, including, without limitation, 50 U.S.C. Section 4607, neither the Escrow Agent, nor any wholly-owned subsidiary, majority- owned subsidiary, parent company, or affiliate of the Escrow Agent, will boycott Israel during the term of this Agreement. The terms "boycotts Israel" and "boycott Israel" as used in this clause (A) has the meaning assigned to the term "boycott Israel" in Section 808.001 of the Texas Government Code. 134 of 256 March 18, 2019 Regular Meeting Agenda Packet (b) The Escrow Agent represents and warrants, for purposes of Subchapter F of Chapter 2252 of the Texas Government Code, that at the time of execution and delivery of this Agreement neither the Escrow Agent, nor any wholly owned subsidiary, majority-owned subsidiary, parent company or affiliate of the Escrow Agent, (i) engages in business with Iran, Sudan or any foreign terrorist organization as described in Chapters 806 or 807 of the Texas Government Code, or Subchapter F of Chapter 2252 of the Texas Government Code, or (ii) is a company listed by the Texas Comptroller under Sections 806.051, 807.051 or 2252.153 of the Texas Government Code. The term "foreign terrorist organization" as used in this clause (B) has the meaning assigned to such term in Section 2252.151 of the Texas Government Code. Executed and effective as of , 2019. 135 of 256 Address of the District: Trophy Club Municipal Utility District No. 1 100 Municipal Drive Trophy Club, Texas 76262 (SEAL) March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 By Printed Name: Title: President, Board of Directors 136 of 256 March 18, 2019 Regular Meeting Agenda Packet BOKF, NA, Dallas, Texas By Printed Name: Address: 5956 Sherry Lane, Suite 1201 Dallas, Texas 75225 137 of 256 March 18, 2019 Regular Meeting Agenda Packet Exhibit A Fee Schedule 138 of 256 March 18, 2019 Regular Meeting Agenda Packet BOK FINANCIAL Services provided by BOKF, NA Trophy Club Municipal Utility District No. 1 Water and Sewer System Revenue Bonds, Series 2019 Texas Commission on Environmental Quality Escrow Account ESCROW AGENT FEE SCHEDULE Accentance Fee: No Charge One Time Escrow Account Setun/Administration Fee: $400.00* For ordinary administrative services by Escrow Agent — includes daily routine account management; investment transactions; cash transaction processing (including wire and check processing); monitoring claim notices pursuant to the agreement; disbursement of funds in accordance with the agreement; and online access to trust account statements. This fee is payable in advance, with the first installment due at the time of Escrow Agreement funding/execution. Fee is based on the following assumptions: • Number of Escrow Accounts to be established: One (i) • Number of Deposits to Escrow Account: One (i) • Number of Withdrawals from the Escrow Fund: Various • Cash Funds will be invested in a BOK Financial Money Market Fund Charges for performing extraordinary or other services not contemplated at the time of the execution of the transaction or not specifically covered elsewhere in this schedule will be determined by appraisal in the amounts commensurate with the service provided. Services not included in this Fee Schedule, but deemed necessary or desirable by you, may be subject to additional charges based on a mutually agreed upon fee schedule. Our proposal is subject in all aspects to review and acceptance of the final financing documents which sets forth our duties and responsibilities. *If funds are invested outside the BOK Financial Money Market Funds an additional fee may be accessed on an annual basis to act as custodian. 139 of 256 H McLEAN & HOWARD, L.L.P. Reai Property Lay. -ye.; March 18, 2019 Board of Directors Trophy Club Municipal Utility District No. 1 100 Municipal Drive Trophy Club, Texas 76262 Re: Trophy Club Municipal Utility District No. 1 $7,200,000 Water and Sewer System Revenue Bonds, Series 2019 Ladies and Gentlemen: March 18, 2019 Regular Meeting Agenda Packet fiarrm. (ia s P!a liu`,l�lin•� 1 ')1) 3nuth \inPi: 1 -.P. J;c 2?..5 51=.32 .''gig 12.32X.?:i1iy You have requested McLean & Howard, L.L.P. (the "firm" or "we") to act as special tax counsel ("Special Tax Counsel") for Trophy Club Municipal Utility District No. 1 (the "District"). The purpose of this letter is to set forth mutually agreeable terms for our engagement in such capacity. As Special Tax Counsel for the District, we will generally perform necessary legal services in connection with the rendering of a market opinion to the effect that interest on any tax-exempt bonds of the District (the "Bonds") is excludable from gross income under the provisions of the Internal Revenue Code of 1986 (the "Code"). Such services will include, but not be limited to, the following: 1. Review of all offering documents pursuant to which the Bonds will be offered for sale, in cooperation and upon consultation with the District's board, general counsel, financial advisor, bond counsel, and any other consultants and advisors and any purchasers of the Bonds and their representatives. When Bonds are delivered in a public offering, render an opinion as to the accuracy of the information in the offering documents pertaining to the federal income tax treatment of interest on the Bonds typically covered in the section of the offering documents referred to as "Tax Matters" and "Legal Opinions." 2. Preparation of tax representation letters to be executed by persons to establish compliance with sections 103, 141 and 148-149 of the Code. 3. Rendering our opinion that the interest on the Bonds is excludable from gross income of the holders for federal income tax purposes under existing statutes, regulations, rulings and court decisions existing on the date thereof. Making such inquiries of such persons, including attorneys, advisors, and consultants for the District and such developers of land and other major landowners in the District as we deem necessary, and examinations and review of such documents and matters as are necessary to enable us to render the opinions described herein. 4. Preparation of IRS Form 8038-G, Information Return for Tax -Exempt Governmental Obligations, and the filing of same with the appropriate office of the Internal Revenue Service. 5. Review and advice with respect to the preparation of the Bond order and related documents, including the escrow agreement and verification report of a certified public accountant, if any, pursuant to which the Bonds are authorized and issued and, to the extent that the Bonds are issued to refund other 140 of 256 March 18, 2019 Regular Meeting Agenda Packet outstanding obligations of the District, to assure compliance ofthe escrow fund with the applicable provisions of the Code. 6. Perform all other legal services normally falling within the general duties of Special Tax Counsel in connection with the issuance of Bonds by the District. The fee payable to our firm as Special Tax Counsel in connection with the issuance of Bonds by the District for new money and refunding transactions will be determined as an amount equal to the greater of (i) $7,500 or (ii) an amount equal to 0.2 percent multiplied by the greater of (a) the principal amount of the Bonds or (b), in the case of premium bonds, the issue price of the Bonds. Such fee shall be contingent upon delivery of the Bonds. Any additional services, other than as described above in paragraphs 1 through 6, performed in connection with the issuance of Bonds by the District shall be negotiated prior to the commencement of any such services. Actual expenses incurred by us for your account will be reimbursed by the District and not be considered part of our compensation described above. Such expenses will be billed to you for payment at the time of delivery of the Bonds. There shall be no individual liability on the part of any member of the Board of Directors for the payment of any of our fees or expenses. We are a firm of duly licensed attorneys engaged in providing legal services to states and local governments in connection with issuance and administration of debt instruments. The District recognizes that we were engaged by the District and acted as Special Tax Counsel for the issuance of the Bonds. Neither the District nor we are aware of any conflict of interest in the present or in separate subject matter of the District under this letter agreement. Should we or the District, however, believe that a conflict has arisen in connection with the examination due to our role as Special Tax Counsel for the Bonds, such party will inform the other party as soon as possible. Upon such notification, we will terminate its representation of the District, unless otherwise agreed upon by us and the District. Furthermore, as a consequence ofthe adoption of Rule 15Bal-1 pursuant to the Securities Exchange Act of 1934 (the "Municipal Advisor Rule"), which has been promulgated by the Securities and Exchange Commission as a result ofthe enactment ofthe Dodd Frank Wall Street Reform and Consumer Protection Act (the "Dodd Frank Act"), we hereby inform the District that we are not a "Municipal Advisor" within the meaning of the Municipal Advisor Rule or the Dodd -Frank Act (collectively, the "MA Rule"). In the course of performing our Special Tax Counsel services to which this engagement letter pertains, we may engage in analysis, discussion, negotiation, and advice to you regarding the legal ramifications ofthe structure, timing, terms, and other provisions of the financial transaction that culminates with a special tax counsel opinion. Moreover, legal advice and services of a traditional legal nature in the area of municipal finance inherently involve a financial advice component, but we hereby advise the District that while we have expertise with respect to the legal aspects relating to the issuance of municipal securities and settlement agreements with the IRS and audit review by the IRS of municipal securities, we are not "financial advisors" or "financial experts" in a manner that would subject us to the provisions of the MA Rule. As Special Tax Counsel to the District in accordance with this engagement, we provide only legal advice, not purely financial advice that is not inherent in our legal advice to the District. The District should seek the advice of its financial advisor with respect to any financial aspects associated with the issuance of the referenced bonds. Receipt of this information is evidence of the District's understanding of the limitations of our role as Special Tax Counsel with respect to the MA Rule, as discussed in this paragraph. McLean & Howard, L.L.P., hereby represents that during the term of this agreement it does not, nor will it, boycott Israel, in compliance with and within the meaning of 50 U.S.C. Section 4607 and Section 2270.002, of the Texas Government Code. 141 of 256 March 18, 2019 Regular Meeting Agenda Packet Lastly, based on certain conditions laid out in recent legislation and rules promulgated by the Texas Ethics Commission (the "TEC") known as House Bill 1295, within 30 days from the signing of this contract, the District is required to notify the TEC on the TEC's electronic platform of receipt of the Certificate of Interested Parties — Form 1295, which is attached hereto. If you have any questions with respect to this new requirement, please contact the undersigned. [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] 142 of 256 March 18, 2019 Regular Meeting Agenda Packet The foregoing conforms to your understanding of the terms of our engagement, please accept this letter agreement by authorizing and executing the same in the places provided below. Very truly yours, McLean & Howard, L.L.P. 143 of 256 March 18, 2019 Regular Meeting Agenda Packet The foregoing is hereby accepted on behalf of the District by the undersigned members of its Board of Directors who have been duly authorized so to execute the same. Secretary/Treasurer, Board of Directors (SEAL) TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 President, Board of Directors 144 of 256 March 18, 2019 Regular Meeting Agenda Packet CERTIFICATE OF INTERESTED PARTIES Complete Nos. 1- 4 and 6 if there are interested parties. Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties. 1 Name of business entity filing form, and the city, state and country of the business entity's place of business. McLean & Howard, L.L.P. Austin, TX United States 2 Name of governmental entity or state agency that is a party to the contract for which the form is being filed. Trophy Club Municipal Utility District No. 1 3 Provide the identification number used by the governmental entity or state ag description of the services, goods, or other property to be provided under the contract. 2019031802 Tax Counsel Engagement for Bonds 4 FORM 1295 1 of 1 OFFICE USE ONLY CERTIFICATION OF FILING Certificate Number: 2019-460582 Date Filed: 03/06/2019 Date Acknowledged: ency to track or identify the contract, and provide a Cihock, Michael Hudson, Patrick McLean, William Howard, Jeffrey Corbett, Anthony Name of Interested Party City, State, Country (place of business 5 Check only if there is NO Interested Party. 6 UNSWORN DECLARATION My name is My address is Austin, TX United States Austin, TX United States Austin, TX United States Austin, TX United States Austin, TX United States (street) I declare under penalty of perjury that the foregoing is true and correct. Executed in County, State of (city) , and my date of birth is (state) Nature of interest (check applicable) Controlling Intermediary X X X X X (zip code) (country) , on the day of . 20 (month) (year) Signature of authorized agent of contracting business entity (Declarant) Forms provided by Texas Ethics Commission www.ethics.state.tx.us 145 of 256 Version V1.1.28ab615G March 18, 2019 Regular Meeting Agenda Packet DRAFT TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 RESOLUTION NO. :XXX-XXXX ADOPTING CASH RESERVE POLICY THE STATE OF TEXAS COUNTIES OF DENTON AND TARRANT § § WHEREAS, Trophy Club Municipal Utility District No. 1 (the "District") is duly created and existing municipal utility district created and operating under Chapters 49 and 54 of the Texas Water Code, as amended; WHEREAS, the Governmental Accounting Standards Board ("GASB") released Statement No. 54- "Fund Balance Reporting and Governmental Fund Type Definitions" on March 11, 2009. The objective of GASB Statement No. 54 is to enhance the usefulness of fund balance information by providing clearer fund balance classifications and by clarifying governmental fund type definitions; WHEREAS, the Board of Directors of the District desires to implement GASB Statement No. 54, and in connection therewith, desires to adopt certain policies for the establishment, funding and management of the District's reserve funds including specifying the target balances for each reserve fund; and WHEREAS, the objective of the Policy is to enhance the District's financial position, provide clear policies regarding the funding of reserve funds, and to establish and maintain adequate reserve funds to secure the District's financial position; NOW, THEREFORE, BE IT ORDERED BY THE BOARD OF DIRECTORS OF TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO.1, THAT: Section 1. The matters and facts recited in the preamble to this Order are found to be true and correct and the same are incorporated herein as a part of this Order. Section 2. The Board has reviewed the Reserve Policy and finds and declares that the Reserve Policy in the form attached hereto is hereby approved and adopted, and such Policy shall replace and supersede in its entirety the Policy adopted pursuant to Resolution No. 2016-1220B and any prior Cash Reserve Policy of the District. Section 3. The General Manager is authorized to do all things necessary and proper to evidence the Board's adoption of this Order and to carry out the intent hereof. Upon execution, a permanent copy of this Order shall be filed in the permanent records of the District. Section 4. That the Finance Manager is hereby authorized to perform the functions required by the attached Reserve Policy. DRAFT 146 of 256 March 18, 2019 Regular Meeting Agenda Packet DRAFT ADOPTED, PASSED AND APPROVED this day of 2019. ATTEST: Secretary, Board of Directors DRAFT 147 of 256 President March 18, 2019 Regular Meeting Agenda Packet DRAFT TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1 RESERVE POLICY ARTICLE I BACKGROUND Section 1.01. BACKGROUND. One of the key attributes of a financially stable organization is the establishment and maintenance of appropriate financial reserves. Adequate reserves position an organization to weather significant economic downturns more effectively, manage the consequences of outside agency actions that may result in increased costs, and address unexpected emergencies, such as natural disasters, catastrophic events caused by human activity, or excessive liabilities or legal judgments against the organization. In concert with Trophy Club Municipal Utility District No. 1's (the "District") other financial policies, this Reserve Policy establishes fund balance policies to enhance the District's financial stability. ARTICLE II POLICY STATEMENTS Section 2.01. General. Reserve funds will be accumulated and maintained in a manner that allows the funding of costs and capital investments consistent with the District's capital and financial plans while avoiding significant rate fluctuations due to changes in cash flow requirements. The classification of reserve fund balances shall be in conformance with Government Accounting Standards Board (GASB) Statement No. 54, Fund Balance Reporting and Governmental Fund Definitions. Section 2.02. Definitions. In accordance with GASB 54, the Board of Directors adopts the following classifications of fund balance depicting the relative strength of the spending constraints placed on the purposes for which resources can be used: A. Non -spendable fund balance—Includes amounts either not in spendable form, or legally or contractually required to be maintained intact. This would include inventory, prepaids, and non-current receivables. B. Restricted fund balance—Amounts constrained either externally by creditors (such as through debt covenants), grantors, contributors, or laws or regulations of other governments; or imposed by law through constitutional provisions or enabling legislation. DRAFT 148 of 256 March 18, 2019 Regular Meeting Agenda Packet DRAFT C. Committed fund balance—Amounts that are committed for specific purposes by formal action of the Board of Directors. Amounts classified as "committed" are not subject to legal enforceability like restricted fund balance; however, those amounts cannot be used for any other purpose unless the Board removes or changes the limitation by taking the same form of action it employed to previously impose the limitation. D. Assigned fund balance—Amounts intended to be used by the District for a specific purpose. Intent can be expressed by the Board of Directors or by an official or body to which the Board of Directors delegates the authority. In governmental funds other than the general fund, assigned fund balance represents the amount that is not restricted or committed. The Finance Manager is authorized by the Board of Directors to assign fund balance to a specific purpose as approved by this Reserve Policy. E. Unassigned fund balance— The residual classification of the general fund and includes all amounts not contained in other classifications. Unassigned amounts are technically available for any purpose. Planned spending in the subsequent year's budget would be included here unless formally committed or assigned. Section 2.03. Reserve Targets. The Reserve Policy is based on either percentage targets or days of operation; all associated dollar figures represent estimated/projected targets based on either the percentage target or days of operation target set by the Reserve Policy. Section 2.04. Monitoring and Reporting Use of Reserve Funds The General Manager shall perform a review and analysis of each designated reserve fund for presentation to the Board of Directors at a public meeting during consideration of the annual budget by the Board of Directors. Upon determination that a fund balance is less than the established target fund level, the General Manager shall inform the Board of Directors. Any requests to the Board of Directors for the use of reserves will be accompanied by a current status report of the affected reserve fund and impacts on the future reserve levels. Section 2.05. Reserve Expenditures Unless specified otherwise in the Reserve Policy, expenditures from any reserve requires District Board action to appropriate the funds. The General Manager may recommend reserve expenditures through the budget process or at District Board meetings for Board consideration and approval. Section 2.06. Replenishment of Reserves Should a reserve fall below the targeted reserve level set forth in this Reserve Policy, the General Manager will develop a plan to replenish the reserve in a reasonable time -frame. The proposed plan will be presented to the District Board as part of the subsequent fiscal year budget. Section 2.07. Deviations from the Reserve Policy No deviations from the Reserve Policy will be allowed except as approved by the Board. Proposed exceptions to the Reserve Policy will DRAFT 149 of 256 March 18, 2019 Regular Meeting Agenda Packet DRAFT be reviewed by the General Manager and District Finance Manager. After their timely review and recommendation, the proposed exception will be presented to the District Board for action. Section 2.08. Reserve Policy Review and Update The District's General Manager will present this Reserve Policy to the Board for review at least biennially to determine if changes are necessary to ensure the Policy is effective and remains current with general accounting and financial best practice standards, and to address any regulatory changes that may become applicable after adoption of this Policy. Any changes, additions, or deletions to this Reserve Policy will be by formal action of the District Board. Section 2.09. Fund Balance Spendine Order Unless legally prohibited, the District will spend the most restricted funds before less restricted funds in the following order: 1. Non -spendable if the funds become spendable 2. Restricted 3. Committed 4. Assigned 5. Unassigned ARTICLE III Reserve Funds Section 3.01. Reserve Funds The Board of Directors hereby establishes and designates the following reserve funds: Non -Spendable Reserve Fund; Debt Service Reserve Fund; Emergency Reserve Fund; Rate Stabilization Reserve Fund; Capital Improvement Reserve Fund; Capital Replacement Reserve Fund (Depreciation Reserve); Working Capital Reserve Fund; and, Unassigned Reserve Fund. Section 3.02. Non -Spendable Reserve Fund A. The purpose of the Non -Spendable Reserve Fund is to include amounts either not in spendable form, or legally or contractually required to be maintained intact. This could include inventory, prepaids, customer deposits and non-current receivables. B. The Non -Spendable Reserve Fund amount is established and controlled by the Finance Manager. C. The Finance Manager is authorized to approve the expenditure of Non -Spendable Reserve Funds, without prior approval of the Board of Directors, only for the lawful and property purposes accrued. Section 3.03. Restricted Reserve Fund DRAFT 150 of 256 DRAFT A. Debt Service Reserve Fund March 18, 2019 Regular Meeting Agenda Packet 1. Debt Service Reserves are those funds that relate to the management of the District's outstanding bonded indebtedness. Establishment of a debt service reserve is typically legally required by the covenants and indentures of the District's revenue bonds and may be required by some general obligation bonds. The establishment of a debt reserve provides security to the bondholders that adequate funds will be available to pay the debt service obligations, even under a distressed situation. 2. Authorization to expend the Restricted Reserve Fund is restricted to the Board of Directors. 3. Debt Service Reserve Funds will be funded, maintained and expended only in accordance with the terms of the orders or resolutions adopted by the Board authorizing the issuance of the District's revenue obligations. Section 3.04. Committed Reserve Funds A. Emergency Reserve Fund 1. The Emergency Reserve Fund is essentially "insurance" against unanticipated emergencies, failure of the utility's most vulnerable system components, and liability from District activities that are not insured through other mechanisms. This reserve provides funding to insure timely emergency repairs or replacements, and continued operation of the District's essential services during periods of natural disasters and/or other emergencies. The Emergency Reserve Fund may be used when capital improvement funds have otherwise been purposefully spent down to a preset limit on planned projects. It will not be accessed to meet operating shortfalls or to fund new programs or personnel. 2. The level of Emergency Reserve Funding is based on the historical records and the experience of the utility in dealing with such emergencies and disasters. Determining the emergency reserve funding level is also a function of management objectives and overall system reliability. [THIS DOESN'T PROVIDE SPECIFICITY FOR FUNDING. RECOMMEND THAT A SPECIFIC AMOUNT BE ESTABLISHED AS A TARGET, AND SPECIFY THE PERCENTAGE CONTRIBUTION AMOUNT TO BE MADE EACH YEAR AS NECESSARY TO REACH THE TARGET.] 3. The General Manager is authorized to approve the expenditure of Emergency Reserve Funds, without prior approval of the Board of Directors, for purposes of restoration and/or maintenance of essential service levels in response to a natural disaster or other emergency when funds are otherwise not available for such purposes. Upon expenditure of any Emergency Reserve Funds, the General Manager shall notify the Board of Directors at the earliest possible opportunity. DRAFT 151 of 256 March 18, 2019 Regular Meeting Agenda Packet DRAFT 4. Expenditures from Emergency Reserve Fund which are subsequently recovered, either partially or fully, from FEMA, insurance and/or any other sources, shall be utilized solely for refunding the Emergency Reserve Fund. B. Rate Stabilization Reserve Fund 1. The purpose of the Rate Stabilization Reserve Fund is to establish a means to provide cash reserves that can be used to meet revenue requirements while gradually increasing rates over time to the level necessary for the utility to be financially sustainable. This fund buffers the impacts of unanticipated fluctuations or revenue shortfalls and should be capable of defraying the need for an immediate rate increase to cover the cost of an unanticipated rise in expenses. Unexpected fluctuations can include, but are not limited to an economic downturn, unanticipated increases in other utility expenses, and/or other extraordinary circumstances. 2. The District shall maintain a Rate Stabilization Reserve Fund equivalent to 30% of annual water and sewer system revenue. Each adopted budget of the District should contain a transfer from the general fund to the Rate Stabilization Reserve Fund in an amount approved by the Board of Directors. The Rate Stabilization Reserve Fund shall initially be funded in equal installments over a year period after adoption of this Policy. 3. Transfer of funds from the Rate Stabilization Reserve Fund requires the Board of Directors approval. After transfer, the General Manager is authorized to approve the expenditure of those funds, in accordance with District policy and budget authorizations. Section 3.05 Assiuned Reserve Funds A. Capital Improvement Reserve Fund 1. The purpose of the Capital Improvement Reserve Fund is to fund capital projects that expand system capacity, comply with regulatory requirements, or replace system assets that have become worn out or obsolete on a pay-as-you-go basis. These capital improvements will be identified in District capital improvement plans. Capital Improvement Reserve Fund may be used to provide a cushion to absorb capital cost overruns that might otherwise require debt issuance and/or rate increases. 2. Each adopted budget of the District should contain a transfer from the general fund to the Capital Improvement Reserve Fund in an amount approved by the Board of Directors. The desired minimum balance for this reserve is 1.5 percent of the cost of the District's system assets. [THIS DOESN'T PROVIDE SPECIFICITY FOR FUNDING. THE POLICY SHOULD SPECIFY THE CONTRIBUTIONS TO BE MADE EACH YEAR TO THE RESERVE FUND AS NECESSARY TO REACH THE TARGET.] DRAFT 152 of 256 March 18, 2019 Regular Meeting Agenda Packet DRAFT 3. The General Manager is authorized to approve the expenditure of Capital Improvement Reserve Fund, without prior approval of the Board of Directors, in accordance with approved policy and budget authorizations. B. Capital Replacement Fund (Depreciation Reserve) 1. The purpose of the Capital Replacement Fund (Depreciation Reserve) fund is to accumulate the probable replacement cost of equipment each year over the life of the asset, so it can be replaced readily when it becomes obsolete, is totally depreciated or is scheduled for replacement. Annual depreciation is calculated as a function of the depreciation schedule maintained within the District's financial management software. 2. The source of funding for this reserve shall be in the form of an annual operating expense (transfer) to the Capital Replacement Fund (Depreciation Reserve). [THIS DOES NOT SPECIFY THE AMOUNT OF THE ANNUAL EXPENSE/TRANSFER.] 3. The General Manager is authorized to approve the expenditure of Capital Replacement Fund, without prior approval of the Board of Directors, in accordance with approved policy and budget authorizations. [IT IS NOT CLEAR TO ME WHEN THE GM SHOULD USE THE CAPITAL IMPROVEMENT FUND VERSUS THE CAPITAL REPLACEMENT FUND.] C. Working Capital Reserve Fund 1. The purpose of the Working Capital Reserve Fund is to accumulate sufficient reserve funds necessary to satisfy the general cash flow demands and requirements of the District. There can be a significant length of time between when a system provides a service and when a customer may pay for that service. In addition to timing, the volume of cash flow can be affected by weather and seasonal demand patterns. This reserve fund will preserve credit worthiness, ensure adequate financial resources are available for timely payment of District obligations, and provide liquidity throughout the fiscal year. 2. The District should maintain a Working Capital Reserve Fund equivalent to at least 45 days budgeted operating requirements in an operating reserve to mitigate potential cash flow problems. The Working Capital Reserve Fund will not normally exceed the equivalent of 90 days budgeted operating requirements. 3. The General Manager is authorized to approve the expenditure of Working Capital Reserve Funds in response to day-to-day cash flow requirements that are in accordance with the Board of Directors approved policy and budget authorizations. Section 3.06 Unassigned Reserve Fund DRAFT 153 of 256 March 18, 2019 Regular Meeting Agenda Packet DRAFT A. The Unassigned Reserve Fund includes any remaining amounts after funding all other reserve funds. Unassigned Reserve Funds are available for any purpose; these amounts are reported only in the general fund. Planned spending in the subsequent year's budget would be included here unless formally committed or assigned. [THIS SEEMS TO TREAT THE UNASSIGNED FUND BALANCE AS A RESERVE FUND. I TYPICALLY THINK OF THESE MONIES AS UNASSIGNED FUNDS, NOT AS A RESERVE FUND.] DRAFT 154 of 256 March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUD #1 - FIRE DEPARTMENT BALANCE SHEET FEBRUARY 2019 ASSETS CASH IN BANK INVESTMENTS PREPAID EXPENSES ADVALOREM PROPERTY TAXES RECEIVABLE EMERGENCY SERVICES ASSESSMENTS RECEIVABLE UTILITY AND OTHER ACCOUNTS RECEIVABLE 4 TROPHY CLUB MUNICIPAL UTILITY DISTRICT No. 1 122 FIRE DEPT. 900,021 10,438 54,626 TOTAL ASSETS 965,085 LIABILITIES AND FUND BALANCE LIABILITIES DEFERRED REVENUE - PROPERTY TAXES/ASSESSMENTS ACCOUNTS AND OTHER PAYABLES 54,626 TOTAL LIABILITIES 54,626 FUND BALANCE DESIGNATED FOR FUTURE ASSET REPLACEMENT NON -SPENDABLE FUND BALANCE UNASSIGNED FUND BALANCE 543,884 RESERVE FOR ENCUMBRANCES NET REVENUES / EXPENDITURES 366,576 TOTAL FUND BALANCE 910,460 TOTAL LIABILITIES AND FUND BALANCE 965,085 155 of 256 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 122 Trophy Club MUD Fire Dept. Account Description 1 122-40010-000-000 1 122-40011-000-000 1 122-40020-000-000 Property Taxes/MUD Fire Property Taxes/Fire-Delinquent Property Taxes/Fire P&i Trophy Club MUD No.1 Budget Summary with Amendment Department: Fire Revenues Program: Period Ending: 2/2019 Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget Page 1 March 18, 2019 Regular Meeting Agenda Packet 1,117,000.00- 1,117,000.00- 85,163.61- 1,267.24- 2,126.76- 1,075,105.98- 1,933.26- 2,561.59- 96.249 41,894.02- 1,933.26 2,561.59 156 of 256 Subtotal: 1,117,000.00- 1,117,000.00- 88,557.61- 1,079,600.83- 96.652 37,399.17- 122-49035-000-000 Prior Year Reserves 75,000.00- 75,000.00- 75,000.00 - Subtotal: 75,000.00- 75,000.00- 75,000.00 - Program number: 1,192,000.00- 1,192,000.00- 88,557.61- 1,079,600.83- 90.571 112,399.17 - Department number: Fire Revenues 1,192,000.00- 1,192,000.00- 88,557.61- 1,079,600.83- 90.571 112,399.17 - Revenues Subtotal 1,192,000.00- 1,192,000.00- 88,557.61- 1,079,600.83- 90.571 112,399.17- 156 of 256 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 122 Trophy Club MUD Fire Dept. Account Description 1 1 122-60030-045-000 1 122-60055-045-000 1 122-60337-045-000 Rent And/Or Usage Insurance Transfer to Town/Fire Budget Trophy Club MUD No.1 Budget Summary with Amendment Department: 45 Fire Program: Period Ending: 2/2019 Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget Page 2 March 18, 2019 Regular Meeting Agenda Packet 215,979.00 18,000.00 674,452.00 215,979.00 18,000.00 674,452.00 215,979.00 1,491.21 56,204.33 215,979.00 7,456.05 281,021.32 100.000 41.423 41.667 10,543.95 393,430.68 Subtotal: 908,431.00 908,431.00 273,674.54 504,456.37 55.531 403,974.63 122-69005-045-000 1 122-69195-045-000 Capital Outlays GASB34/Reserve for Replacement 75,000.00 81,420.00 75,000.00 81,420.00 81,420.00 100.000 75,000.00 122-69305-045-000 Capital Leases 127,149.00 127,149.00 127,148.60 100.000 .40 Subtotal: 283,569.00 283,569.00 208,568.60 73.551 75,000.40 Program number: 1,192,000.00 1,192,000.00 273,674.54 713,024.97 59.818 478,975.03 Department number: Fire 1,192,000.00 1,192,000.00 273,674.54 713,024.97 59.818 478,975.03 Expenditures Subtotal 1,192,000.00 1,192,000.00 273,674.54 713,024.97 59.818 478,975.03 Fund number: 122 Trophy Club MUD Fire Dept. 185,116.93 366,575.86- 366,575.86 157 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 122 Trophy Club MUD Fire Dept. JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: Fire Revenues Program: Period Ending: 2/2019 JE Detail Description/Comment Page 1 March 18, 2019 Regular Meeting Agenda Packet Beginning Transaction Transaction Vendor_Name Check Source Balance Detail Detail Number (SUBTOTAL) Account: 122-40010-000-000 Property Taxes/MUD Fire 882 02/01/2019 Property Taxes 885 02/04/2019 Property Taxes 886 02/05/2019 Property Taxes 888 02/06/2019 Property Taxes 933 02/06/2019 Property Taxes- correct JE 888 889 02/07/2019 Property Taxes 890 02/08/2019 Property Taxes 891 02/11/2019 Property Taxes 892 02/12/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 895 02/15/2019 Property Taxes 896 02/19/2019 Property Taxes 897 02/20/2019 Property Taxes 898 02/21/2019 Property Taxes 899 02/22/2019 Property Taxes 900 02/25/2019 Property Taxes 908 02/26/2019 Property Taxes 902 02/28/2019 Property Taxes (989,942.37) (9,128.78) (999,071.15) GL (10,635.98) (1,009,707.13) GL (19,222.93) (1,028,930.06) GL (13,792.98) (1,042,723.04) GL (.04) (1,042,723.08) GL (21,796.50) (1,064,519.58) GL (543.66) (1,065,063.24) GL (59.66) (1,065,122.90) GL (613.39) (1,065,736.29) GL (1,372.31) (1,067,108.60) GL (229.25) (1,067,337.85) GL (245.54) (1,067,583.39) GL (6,690.55) (1,074,273.94) GL 374.31 (1,073,899.63) GL (306.92) (1,074,206.55) GL 177.82 (1,074,028.73) GL (257.95) (1,074,286.68) GL (722.81) (1,075,009.49) GL (96.49) (1,075,105.98) GL Account: 122-40010-000-000 Property Taxes/MUD Fire Totals: (85,163.61) (1,075,105.98) ** (1,117,000.00) Budgeted (41,894.02) Remaining 96 6 Used Account: 122-40011-000-000 Property Taxes/Fire-Delinquent 882 02/01/2019 Property Taxes 886 02/05/2019 Property Taxes 888 02/06/2019 Property Taxes 889 02/07/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 900 02/25/2019 Property Taxes 901 02/27/2019 Property Taxes 902 02/28/2019 Property Taxes (666.02) (.20) (666.22) GL (205.58) (871.80) GL (.52) (872.32) GL (7.46) (879.78) GL (.40) (880.18) GL 42.57 (837.61) GL (76.07) (913.68) GL (983.41) (1,897.09) GL (36.17) (1,933.26) GL Account: 122-40011-000-000 Property Taxes/Fire-Delinquent Totals: (1,267.24) (1,933.26) ** .00 Budgeted 1,933.26 Remaining 0 % Used Account: 122-40020-000-000 Property Taxes/Fire P6I 882 02/01/2019 Property Taxes (434.83) 885 02/04/2019 Property Taxes 158 of 256 (32.12) (466.95) GL (28.89) (495.84) GL glpdatb2 skrolczyk Trophy Club MUD No.1 Page 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 122 Trophy Club MUD Fire Dept. Department: Fire Revenues Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) 886 02/05/2019 Property Taxes 888 02/06/2019 Property Taxes 889 02/07/2019 Property Taxes 890 02/08/2019 Property Taxes 891 02/11/2019 Property Taxes 892 02/12/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 895 02/15/2019 Property Taxes 896 02/19/2019 Property Taxes 898 02/21/2019 Property Taxes 900 02/25/2019 Property Taxes 908 02/26/2019 Property Taxes 901 02/27/2019 Property Taxes 902 02/28/2019 Property Taxes Account: 122-40020-000-000 Property Taxes/Fire P&I Totals: .00 Budgeted 2,561.59 Remaining (434.83) (74.26) (570.10) GL (.06) (570.16) GL (18.00) (588.16) GL (34.86) (623.02) GL (29.79) (652.81) GL (42.92) (695.73) GL (96.13) (791.86) GL (16.04) (807.90) GL (17.20) (825.10) GL (1,479.15) (2,304.25) GL (22.57) (2,326.82) GL (37.05) (2,363.87) GL (53.58) (2,417.45) GL (58.21) (2,475.66) GL (85.93) (2,561.59) GL 0 % Used (2,126.76) (2,561.59) ** Account: 122-49035-000-000 Prior Year Reserves Account: 122-49035-000-000 Department Totals: Prior Year Reserves Totals: (75,000.00) Budgeted (75,000.00) Remaining 0 % Used .00 .00 .00 .00 ** (1,079,600.83) ** (88,557.61) Monthly Total (1,192,000.00) Budgeted (112,399.17) Remaining 91 % Used 159 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 122 Trophy Club MUD Fire Dept. JE JE JE Number Date Description Department: 45 Fire JE Detail Description/Comment Trophy Club MUD No.1 Detailed Accounting Trial Balance Period Ending: 2/2019 Beginning Balance Program: Page 3 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) Check Source Number Department 45 Totals: 127,149.00 Budgeted 273,674.54 Monthly Total .40 Remaining 100 % Used 1,192,000.00 Budgeted 160 of 256 713,024.97 ** 478,975.03 Remaining 60 % Used Account: 122-60030-045-000 Rent And/Or Usage 832 02/28/2019 Fire Rent Transfer 2019 215,979.00 215,979.00 GL Account: 122-60030-045-000 Rent And/Or Usage Totals: 215,979.00 215,979.00 ** 215,979.00 Budgeted .00 Remaining 100 % Used Account: 122-60055-045-000 Insurance 129 02/01/2019 Insurance/Wrk Comp Expense Feb 5,964.84 1,491.21 7,456.05 GL Account: 122-60055-045-000 Insurance Totals: 1,491.21 7,456.05 ** 18,000.00 Budgeted 10,543.95 Remaining 41 % Used Account: 122-60337-045-000 Transfer to Town/Fire Budget 833 02/28/2019 February A/P Fire admin February 224,816.99 56,204.33 281,021.32 TOWN OF TROPHY CLUB 5061 AP Account: 122-60337-045-000 Transfer to Town/Fire Budget Totals: 56,204.33 281,021.32 ** 674,452.00 Budgeted 393,430.68 Remaining 42 % Used Account: 122-69005-045-000 Capital Outlays .00 .00 Account: 122-69005-045-000 Capital Outlays Totals: .00 .00 ** 75,000.00 Budgeted 75,000.00 Remaining 0 % Used Account: 122-69195-045-000 GASB34/Reserve for Replacement 81,420.00 .00 81,420.00 Account: 122-69195-045-000 GASB34/Reserve for Replacement Totals: .00 81,420.00 ** 81,420.00 Budgeted .00 Remaining 100 % Used Account: 122-69305-045-000 Capital Leases 127,148.60 .00 127,148.60 Account: 122-69305-045-000 Capital Leases Totals: .00 127,148.60 ** Department 45 Totals: 127,149.00 Budgeted 273,674.54 Monthly Total .40 Remaining 100 % Used 1,192,000.00 Budgeted 160 of 256 713,024.97 ** 478,975.03 Remaining 60 % Used glpdatb2 skrolczyk 18:02 03/13/19 Fund: 122 Trophy Club MUD Fire Dept. JE JE JE Number Date Description Department: 45 Fire JE Detail Description/Comment Trophy Club MUD No.1 Page 4 Detailed Accounting Trial Balance Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Beginning Transaction Transaction Vendor_Name Check Source Balance Detail Detail Number (SUBTOTAL) Fund 122 Totals: (366,575.86) 185,116.93 Monthly Total .00 Budgeted 161 of 256 366,575.86 Remaining 0 % Used TROPHY CLUB MUD #1 - O&M (GENERAL FUND) BALANCE SHEET FEBRUARY 2019 March 18, 2019 Regular Meeting Agenda Packet 135 137 TROPHY CLUB MUNICIPAL UTILITY DISTRICT GENERAL FUND GASB TOTAL ASSETS CASH ON HAND 600 600 CASH IN BANK -CHECKING 1,207,236 1,207,236 CASH IN BANK -SAVINGS -CASH RESERVE 1,187,212 1,187,212 INVESTMENTS-TEXPOOL 3,434,708 782,846 4,217,554 PREPAID EXPENSES 63,323 63,323 ADVALOREM PROPERTY TAXES RECEIVABLE 6,109 6,109 UTILITY AND OTHER ACCOUNTS RECEIVABLE 2,060,388 2,060,388 TOTAL ASSETS 7,959,575 782,846 8,742,421 LIABILITIES AND FUND BALANCE LIABILITIES DEFERRED REVENUE - AD VALOREM PROPERTY TAXES 6,109 6,109 ACCOUNTS AND OTHER PAYABLES 411,001 411,001 CUSTOMER DEPOSITS 314,915 314,915 TOTAL LIABILITIES 732,025 732,025 FUND BALANCE NON -SPENDABLE FUND BALANCE 8,486 8,486 ASSIGNED FUND BALANCE 1,906,543 1,906,543 ASSIGNED FUND BALANCE/TOWN ELEVATED STORAGE TANK 225,000 225,000 ASSIGNED FUND BALANCE/WATER REPLACEMENT 150,000 150,000 ASSIGNED FUND BALANCE/SEWER REPLACEMENT 97,805 97,805 ASSIGNED FUND BALANCE/FIRE DEPARTMENT 310,041 310,041 UNASSIGNED FUND BALANCE 5,709,156 5,709,156 COMMITTED FUND BALANCE NET REVENUES / EXPENDITURES (396,635) (396,635) TOTAL FUND BALANCE 7,227,550 782,846 8,010,396 TOTAL LIABILITIES AND FUND BALANCE 7,959,575 782,846 8,742,421 162 of 256 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund Account 135-40000-000-000 135-40002-000-000 135-40015-000-000 135-40025-000-000 Subtotal: 135-47000-000-000 135-47005-000-000 135-47025-000-000 135-47030-000-000 135-47035-000-000 135-47045-000-000 135-47070-000-000 Subtotal: 135-49010-000-000 135-49016-000-000 135-49018-000-000 135-49026-000-000 135-49075-000-000 135-49900-000-000 135-49901-000-000 Subtotal: Program number: Description Property Taxes Property Taxes/Delinquent Property Taxes/P & i PID Surcharges Water Sewer Penalties Service Charges Plumbing Inspections Sewer Inspections TCCC Effluent Charges Interest Income Cell Tower Revenue Building Rent Income Proceeds from Sale of Assets Oversize Meter Reimbursement Miscellaneous Income Records Management Revenue Department number: Revenues Revenues Subtotal Department: Adopted Budget 132,384.00- 300.00- 300.00- 171,983.00- 304,967.00- 6,599,484.00- 3,412,665.00- 136,418.00- 17,000.00- 1,500.00- 4,500.00- 60,000.00- 10,231,567.00- 20,000.00- 14,146.00- 7,000.00- 10,000.00- 18,522.00- 7,000.00- 76,668.00- 10,613,202.00- 10,613,202.00- 10,613,202.00- Trophy Club MUD No.1 Budget Summary with Amendment Revenues Period Ending: 2/2019 Amended Total Budget Encumb. 132,384.00- 300.00- 300.00- 171,983.00- 304,967.00- 6,599,484.00- 3,412,665.00- 136,418.00- 17,000.00- 1,500.00- 4,500.00- 60,000.00- 10,231,567.00- 20,000.00- 14,146.00- 7,000.00- 10,000.00- 18,522.00- 7,000.00- 76,668.00- 10,613,202.00- 10,613,202.00- 10,613,202.00- 163 of 256 Current Month 9,696.42- 142.04- 242.23- 10,080.69- 289,938.68- 273,743.49- 8,344.32- 1,400.00- 300.00- 900.00- 574,626.49- 2,797,022.88- 11,719.99- 1,178.81- 583.33- 52,600.00- 2,401.00- 5,170.07- 73,653.20- 658,360.38- 658,360.38- 3,045,607.51- 658,360.38- 3,045,607.51 - Program: YTD Total 122,407.60- 235.93- 299.88- 122,943.41- 1,471,118.77- 1,273,879.44- 42,657.07- 7,150.00- 550.00- 1,650.00- 17.60- 51,407.70- 6,220.72- 2,916.65- 52,600.00- 4,116.00- 8,378.15- 2.00- 125,641.22- 3,045,607.51- % of Budget 92.464 78.643 99.960 40.314 22.291 37.328 31.269 42.059 36.667 36.667 .029 Page 3 March 18, 2019 Regular Meeting Agenda Packet Remaining Budget 9,976.40- 64.07- .12- 171,983.00- 182,023.59- 5,128,365.23- 2,138,785.56- 93,760.93- 9,850.00- 950.00- 2,850.00- 59,982.40- 27.337 7,434,544.12- 257.039 43.975 41.666 526.000 22.222 119.688 163.877 31,407.70 7,925.28- 4,083.35- 42,600.00 14,406.00- 1,378.15 2.00 48,973.22 28.696 7,567,594.49- 28.696 7,567,594.49- 28.696 7,567,594.49- glbase_tbam skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund Account 135-50005-010-000 135-50010-010-000 135-50016-010-000 135-50017-010-000 135-50020-010-000 135-50026-010-000 135-50027-010-000 135-50028-010-000 135-50029-010-000 135-50030-010-000 135-50035-010-000 135-50040-010-000 135-50045-010-000 135-50060-010-000 135-50070-010-000 Description Salaries & Wages Overtime Longevity Certification Retirement Medical Insurance Dental Insurance Vision Insurance Life Insurance & Other Social Security Taxes Medicare Taxes Unemployment Taxes Workman's Compensation Pre-emp Physicals/Testing Employee Relations Department: Adopted Budget 326,755.00 20,000.00 3,620.00 4,800.00 33,304.00 74,818.00 4,317.00 701.00 3,131.00 22,021.00 5,150.00 1,080.00 12,895.00 200.00 300.00 Trophy Club MUD No.1 Page 4 Budget Summary with Amendment 10 Water Period Ending: 2/2019 Amended Total Budget Encumb. 326,755.00 20,000.00 3,620.00 4,800.00 33,304.00 74,818.00 4,317.00 701.00 3,131.00 22,021.00 5,150.00 1,080.00 12,895.00 200.00 300.00 Current Month Program: YTD Total % of Budget 22,824.57 114,220.00 34.956 805.94 3,853.08 19.265 3,620.00 100.000 175.00 925.00 19.271 2,202.03 12,393.50 37.213 4,219.68 17,285.76 23.104 261.55 1,164.05 26.964 42.47 192.70 27.489 211.67 1,088.11 34.753 1,435.15 7,447.38 33.819 335.63 1,741.72 33.820 286.18 709.81 65.723 660.34 4,384.10 33.998 March 18, 2019 Regular Meeting Agenda Packet Remaining Budget 212,535.00 16,146.92 3,875.00 20,910.50 57,532.24 3,152.95 508.30 2,042.89 14,573.62 3,408.28 370.19 8,510.90 200.00 300.00 Subtotal: 513,092.00 513,092.00 33,460.21 169,025.21 32.942 344,066.79 135-55005-010-000 135-55080-010-000 135-55085-010-000 135-55090-010-000 135-55105-010-000 135-55120-010-000 135-55135-010-000 Engineering Maintenance & Repairs Generator Maint. and Repair Vehicle Maintenance Maintenance-Backhoe/SkidLoader Cleaning Services Lab Analysis 20,000.00 100,000.00 3,000.00 5,000.00 3,500.00 5,214.00 6,500.00 20,000.00 100,000.00 3,000.00 5,000.00 3,500.00 5,214.00 6,500.00 16,935.09 31,806.00 31.806 1,906.30 63.543 66.80 994.05 19.881 1,272.40 2,647.50 40.731 20,000.00 68,194.00 1,093.70 4,005.95 3,500.00 5,214.00 3,852.50 Subtotal: 143,214.00 143,214.00 18,274.29 37,353.85 26.083 105,860.15 135-60010-010-000 135-60020-010-000 135-60066-010-000 135-60070-010-000 135-60080-010-000 135-60090-010-000 135-60100-010-000 135-60105-010-000 135-60135-010-000 135-60150-010-000 135-60245-010-000 135-60280-010-000 135-60285-010-000 135-60332-010-000 135-60333-010-000 135-60334-010-000 Communications/Mobiles Electricity Publications/Books/Subscripts Dues & Memberships Schools & Training Safety Program Travel & per diem Rent/Lease Equipment TCEQ Fees & Permits Wholesale Water Miscellaneous Expenses Property Maintenance Lawn Equipment & Maintenance Interfund Transfer Out -Rev I&S Interfund Transfer Out -Reserve Interfund Transfer Out 5,000.00 154,204.00 1,000.00 500.00 4,651.00 400.00 2,345.00 1,500.00 58,000.00 3,013,494.00 200.00 3,000.00 14,750.00 585,209.00 55,193.00 200,000.00 5,000.00 154,204.00 1,000.00 500.00 4,651.00 400.00 2,345.00 1,500.00 58,000.00 3,013,494.00 200.00 3,000.00 14,750.00 585,209.00 55,193.00 200,000.00 164 of 256 285.79 1,595.35 31.907 382.68 42,013.40 27.245 61.00 61.00 12.200 305.00 996.00 21.415 4,438.58 12,124.23 20.904 109,758.62 491,343.73 16.305 336.00 336.00 11.200 2,090.00 14.169 25,172.81 125,864.05 21.508 4,600.00 23,000.00 41.672 3,404.65 112,190.60 1,000.00 439.00 3,655.00 400.00 2,345.00 1,500.00 45,875.77 2,522,150.27 200.00 2,664.00 12,660.00 459,344.95 32,193.00 200,000.00 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund Account 135-60360-010-000 Subtotal: 135-65005-010-000 135-65010-010-000 135-65030-010-000 135-65035-010-000 135-65040-010-000 135-65050-010-000 135-65053-010-000 Subtotal: 135-69005-010-000 135-69008-010-000 135-69009-010-000 135-69195-010-000 135-69281-010-000 Subtotal: Program number: Description Furniture/Equipment < $5000 Fuel & Lube Uniforms Chemicals Small Tools Safety Equipment Meter Expense Meter Change Out Program Capital Outlays Short Term Debt -Principal Short Term Debt -Interest Gasb34/Reserve for Replacement Water Tank Inspection Contract Department: Adopted Budget 2,500.00 4,101,946.00 15,000.00 5,190.00 20,000.00 1,200.00 1,000.00 70,000.00 87,000.00 199,390.00 453,000.00 30,068.00 4,124.00 75,000.00 120,000.00 682,192.00 5,639,834.00 Trophy Club MUD No.1 Page 5 Budget Summary with Amendment 10 Water Period Ending: 2/2019 Amended Total Budget Encumb. 2,500.00 4,101,946.00 15,000.00 5,190.00 20,000.00 1,200.00 1,000.00 70,000.00 87,000.00 199,390.00 453,000.00 30,068.00 4,124.00 75,000.00 120,000.00 682,192.00 5,639,834.00 165 of 256 Current Month 145,340.48 836.68 2,283.84 3,120.52 207,620.29 207,620.29 407,815.79 Program: YTD Total 699,423.76 3,781.21 1,417.41 9,677.68 17,861.60 31,482.00 64,219.90 360,310.12 30,068.00 2,283.93 75,000.00 99,877.11 567,539.16 1,537,561.88 % of Budget 17.051 25.208 27.310 48.388 25.517 36.186 32.208 79.539 100.000 55.381 100.000 83.231 83.193 27.263 March 18, 2019 Regular Meeting Agenda Packet Remaining Budget 2,500.00 3,402,522.24 11,218.79 3,772.59 10,322.32 1,200.00 1,000.00 52,138.40 55,518.00 135,170.10 92,689.88 1,840.07 20,122.89 114,652.84 4,102,272.12 glbase_tbam skrolczyk Trophy Club MUD No.1 Page 6 18:02 03/13/19 Budget Summary with Amendment Fund: 135 MUD 1 General Fund Department: 10 Water Program: 1 Lab Analysis for PITA/larch 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD of Remaining Budget Budget Encumb. Month Total Budget Budget 135-55135-010-001 Lab Analysis for PID 2,000.00 2,000.00 Subtotal: 2,000.00 2,000.00 Program number: 1 Lab Analysis for PID 2,000.00 2,000.00 Department number: Water 5,641,834.00 5,641,834.00 166 of 256 160.00 607.70 160.00 607.70 160.00 607.70 407,975.79 1,538,169.58 30.385 30.385 30.385 27.264 1,392.30 1,392.30 1,392.30 4,103,664.42 glbase_tbam skrolczyk Trophy Club MUD No.1 Page 7 18:02 03/13/19 Budget Summary with Amendment Fund: 135 MUD 1 General Fund Department: 20 Wastewater Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 135-50005-020-000 Salaries & Wages 421,699.00 421,699.00 26,137.45 130,894.94 31.040 290,804.06 135-50010-020-000 Overtime 30,000.00 30,000.00 2,463.19 13,674.91 45.583 16,325.09 135-50016-020-000 Longevity 7,445.00 7,445.00 7,445.00 100.000 135-50017-020-000 Certification 8,700.00 8,700.00 900.00 3,600.00 41.379 5,100.00 135-50020-020-000 Retirement 43,276.00 43,276.00 2,728.79 15,911.06 36.766 27,364.94 135-50026-020-000 Medical Insurance 91,627.00 91,627.00 5,588.48 27,117.94 29.596 64,509.06 135-50027-020-000 Dental Insurance 5,104.00 5,104.00 340.56 1,796.79 35.204 3,307.21 135-50028-020-000 Vision Insurance 826.00 826.00 55.64 287.98 34.864 538.02 135-50029-020-000 Life Insurance & Other 4,495.00 4,495.00 406.54 1,451.25 32.286 3,043.75 135-50030-020-000 Social Security Taxes 29,006.00 29,006.00 1,723.55 9,045.43 31.185 19,960.57 135-50035-020-000 Medicare Taxes 6,784.00 6,784.00 403.08 2,115.47 31.183 4,668.53 135-50040-020-000 Unemployment Taxes 1,260.00 1,260.00 415.43 947.10 75.167 312.90 135-50045-020-000 Workman's Compensation 16,941.00 16,941.00 855.93 5,678.85 33.521 11,262.15 135-50060-020-000 Pre-emp Physicals/Testing 400.00 400.00 38.00 9.500 362.00 135-50070-020-000 Employee Relations 300.00 300.00 300.00 Subtotal: 667,863.00 667,863.00 42,018.64 220,004.72 32.942 447,858.28 135-55005-020-000 Engineering 30,000.00 30,000.00 30,000.00 135-55070-020-000 Independent Labor 15,000.00 15,000.00 891.00 5.940 14,109.00 135-55080-020-000 Maintenance & Repairs 88,000.00 88,000.00 50,419.32 72,954.98 82.903 15,045.02 135-55085-020-000 Generator Maint. and Repair 10,000.00 10,000.00 4,300.82 43.008 5,699.18 135-55090-020-000 Vehicle Maintenance 8,000.00 8,000.00 116.85 300.52 3.757 7,699.48 135-55105-020-000 Maintenance-Backhoe/SkidLoader 1,500.00 1,500.00 5,146.60 6,679.88 445.325 5,179.88- 135-55120-020-000 Cleaning Services 5,214.00 5,214.00 5,214.00 135-55125-020-000 Dumpster Services 75,000.00 75,000.00 6,760.00 31,759.76 42.346 43,240.24 135-55135-020-000 Lab Analysis 35,000.00 35,000.00 3,673.21 19,999.45 57.141 15,000.55 Subtotal: 267,714.00 267,714.00 66,115.98 136,886.41 51.132 130,827.59 135-60010-020-000 Communications/Mobiles 5,000.00 5,000.00 434.95 1,927.01 38.540 3,072.99 135-60020-020-000 Electricity 174,165.00 174,165.00 198.12 64,277.21 36.906 109,887.79 135-60066-020-000 Publications/Books/Subscripts 200.00 200.00 200.00 135-60070-020-000 Dues & Memberships 300.00 300.00 69.00 23.000 231.00 135-60080-020-000 Schools & Training 7,155.00 7,155.00 121.95 862.95 12.061 6,292.05 135-60090-020-000 Safety Program 1,000.00 1,000.00 100.74 10.074 899.26 135-60100-020-000 Travel & per diem 1,895.00 1,895.00 155.11 155.11 8.185 1,739.89 135-60105-020-000 Rent/Lease Equipment 5,000.00 5,000.00 5,000.00 135-60125-020-000 Advertising 2,500.00 2,500.00 2,500.00 135-60135-020-000 TCEQ Fees & Permits 30,000.00 30,000.00 16,545.22 55.151 13,454.78 135-60245-020-000 Miscellaneous Expenses 450.00 450.00 450.00 135-60280-020-000 Property Maintenance 5,000.00 5,000.00 225.18 4.504 4,774.82 135-60285-020-000 Lawn Equipment & Maintenance 11,600.00 11,600.00 647.84 5.585 10,952.16 135-60331-020-000 Interfund Transfer Out -Tax I&S 120,053.00 120,053.00 10,913.90 54,569.50 45.455 65,483.50 167 of 256 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund Account 135-60332-020-000 135-60333-020-000 135-60334-020-000 135-60360-020-000 Description Interfund Transfer Out -Rev I&S Interfund Transfer Out -Reserve Interfund Transfer Out Furniture/Equipment < $5000 Department: Adopted Budget 688,330.00 125,187.00 200,000.00 3,500.00 Trophy Club MUD No.1 Budget Summary with Amendment 20 Wastewater Period Ending: 2/2019 Amended Total Budget Encumb. 688,330.00 125,187.00 200,000.00 3,500.00 Current Month 54,203.45 10,432.00 Program: YTD Total 271,017.25 52,160.00 % of Budget 39.373 41.666 Page 8 March 18, 2019 Regular Meeting Agenda Packet Remaining Budget 417,312.75 73,027.00 200,000.00 3,500.00 Subtotal: 1,381,335.00 1,381,335.00 76,459.48 462,557.01 33.486 918,777.99 135-65005-020-000 135-65010-020-000 135-65030-020-000 135-65035-020-000 135-65040-020-000 135-65045-020-000 Fuel & Lube Uniforms Chemicals Small Tools Safety Equipment Lab Supplies 12,500.00 5,495.00 30,000.00 1,200.00 1,200.00 20,000.00 12,500.00 5,495.00 30,000.00 1,200.00 1,200.00 20,000.00 1,609.96 547.00 252.14 211.19 5,563.85 2,059.90 3,300.78 54.95 1,095.69 3,349.83 44.511 37.487 11.003 4.579 91.308 16.749 6,936.15 3,435.10 26,699.22 1,145.05 104.31 16,650.17 Subtotal: 70,395.00 70,395.00 2,620.29 15,425.00 21.912 54,970.00 135-69005-020-000 135-69008-020-000 135-69009-020-000 135-69195-020-000 Capital Outlays Short Term Debt -Principal Short Term Debt -Interest Gasb34/Reserve for Replacement 330,000.00 109,858.00 14,917.00 30,000.00 330,000.00 109,858.00 14,917.00 30,000.00 38,648.38 444,529.19 39,858.59 3,027.55 30,000.00 134.706 36.282 20.296 100.000 114,529.19- 69,999.41 11,889.45 168 of 256 Subtotal: 484,775.00 484,775.00 38,648.38 517,415.33 106.733 32,640.33- 135-70020-020-000 Capital Lease Issuance Cost 1,500.00 1,500.00 - Subtotal: 1,500.00 1,500.00 - Program number: 2,872,082.00 2,872,082.00 225,862.77 1,353,788.47 47.136 1,518,293.53 Department number: Wastewater 2,872,082.00 2,872,082.00 225,862.77 1,353,788.47 47.136 1,518,293.53 168 of 256 glbase_tbam skrolczyk Trophy Club MUD No.1 Page 9 18:02 03/13/19 Budget Summary with Amendment Fund: 135 MUD 1 General Fund Department: 26 Board of Directors Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Budget Budget Encumb. Month Total Budget Program: 135-50045-026-000 Subtotal: Workman's Compensation 30.00 30.00 30.00 30.00 135-60066-026-000 Publications/Books/Subscripts 150.00 135-60070-026-000 Dues & Memberships 750.00 135-60075-026-000 Meetings 1,300.00 135-60080-026-000 Schools & Training 4,000.00 135-60100-026-000 Travel & per diem 5,000.00 135-60245-026-000 Miscellaneous Expenses 2,000.00 Subtotal: 13,200.00 Program number: 13,230.00 Department number: Board of Directors 13,230.00 150.00 750.00 1,300.00 4,000.00 5,000.00 2,000.00 13,200.00 13,230.00 13,230.00 169 of 256 2.12 10.60 2.12 10.60 23.40 23.40 25.52 25.52 650.00 23.40 565.00 338.57 1,576.97 1,587.57 1,587.57 35.333 March 18, 2019 Regular Meeting Agenda Packet Remaining Budget 19.40 35.333 19.40 86.667 1.800 14.125 6.771 11.947 12.000 12.000 150.00 100.00 1,276.60 3,435.00 4,661.43 2,000.00 11,623.03 11,642.43 11,642.43 glbase_tbam skrolczyk Trophy Club MUD No.1 18:02 03/13/19 Budget Summary with Amendment Page 10 Fund: 135 MUD 1 General Fund Department: 30 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 135-50005-030-000 135-50010-030-000 135-50016-030-000 135-50020-030-000 135-50026-030-000 135-50027-030-000 135-50028-030-000 135-50029-030-000 135-50030-030-000 135-50035-030-000 135-50040-030-000 135-50045-030-000 135-50060-030-000 135-50070-030-000 Salaries & Wages Overtime Longevity Retirement Medical Insurance Dental Insurance Vision Insurance Life Insurance & Other Social Security Taxes Medicare Taxes Unemployment Taxes Workman's Compensation Pre-emp Physicals/Testing Employee Relations 441,006.00 2,000.00 1,833.00 41,148.00 81,895.00 4,291.00 701.00 4,495.00 27,580.00 6,450.00 1,260.00 1,295.00 500.00 5,000.00 441,006.00 2,000.00 1,833.00 41,148.00 81,895.00 4,291.00 701.00 4,495.00 27,580.00 6,450.00 1,260.00 1,295.00 500.00 5,000.00 29,989.79 2,774.04 4,824.42 259.52 42.51 312.72 1,775.75 415.31 331.70 66.95 70.34 142,362.93 10.45 1,832.50 14,699.24 22,084.56 1,297.60 212.55 1,467.34 8,575.54 2,005.58 841.01 493.15 103.95 2,953.57 32.281 .523 99.973 35.723 26.967 30.240 30.321 32.644 31.093 31.094 66.747 38.081 20.790 59.071 298,643.07 1,989.55 .50 26,448.76 59,810.44 2,993.40 488.45 3,027.66 19,004.46 4,444.42 418.99 801.85 396.05 2,046.43 Subtotal: 619,454.00 619,454.00 40,863.05 198,939.97 32.115 420,514.03 135-55030-030-000 135-55070-030-000 135-55080-030-000 135-55085-030-000 135-55120-030-000 135-55160-030-000 135-55205-030-000 Software & Support Independent Labor Maintenance & Repairs Generator Maint. and Repair Cleaning Services Professional Outside Services Utility Billing Contract 77,849.00 175,000.00 20,000.00 10,000.00 10,000.00 66,055.00 9,000.00 77,849.00 175,000.00 20,000.00 10,000.00 10,000.00 66,055.00 9,000.00 2,587.27 9,766.54 3,545.00 869.06 582.41 39,368.95 58,177.16 4,340.00 3,476.24 59,205.00 2,904.39 50.571 33.244 21.700 34.762 89.630 32.271 38,480.05 116,822.84 15,660.00 10,000.00 6,523.76 6,850.00 6,095.61 Subtotal: 367,904.00 367,904.00 17,350.28 167,471.74 45.520 200,432.26 135-60005-030-000 135-60010-030-000 135-60020-030-000 135-60025-030-000 135-60035-030-000 135-60040-030-000 135-60050-030-000 135-60055-030-000 135-60066-030-000 135-60070-030-000 135-60075-030-000 135-60079-030-000 135-60080-030-000 135-60100-030-000 135-60110-030-000 135-60125-030-000 135-60235-030-000 Telephone Communications/Mobiles Electricity/Gas Water Postage Service Charges & Fees Bad Debt Expense Insurance Publications/Books/Subscripts Dues & Memberships Meetings Public Education Schools & Training Travel & per diem Physicals/Testing Advertising Security 23,500.00 4,000.00 8,690.00 2,000.00 30,000.00 55,560.00 1,500.00 65,000.00 1,000.00 6,000.00 400.00 6,000.00 8,950.00 4,345.00 200.00 25,000.00 1,288.00 23,500.00 4,000.00 8,690.00 2,000.00 30,000.00 55,560.00 1,500.00 65,000.00 1,000.00 6,000.00 400.00 6,000.00 8,950.00 4,345.00 200.00 25,000.00 1,288.00 170 of 256 1,516.83 237.55 64.17 1,674.18 5,661.96 7,545.65 1,187.57 1,490.11 279.29 8,349.48 28,685.74 6,302.73 31,513.65 308.00 4,109.25 8.70 24.00 32.109 15,954.35 29.689 2,812.43 17.147 7,199.89 13.965 1,720.71 27.832 21,650.52 51.630 26,874.26 1,500.00 48.483 33,486.35 1,000.00 68.488 1,890.75 400.00 6,000.00 135.00 1.508 8,815.00 8.70 .200 4,336.30 200.00 25,000.00 120.00 9.317 1,168.00 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund Account Description 135-60245-030-000 135-60246-030-000 135-60360-030-000 Miscellaneous Expenses General Manager Contingency Furniture/Equipment < $5000 Trophy Club MUD No.1 Budget Summary with Amendment Department: 30 Administration Program: Period Ending: 2/2019 Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget Page 11 March 18, 2019 Regular Meeting Agenda Packet 500.00 17,000.00 2,500.00 500.00 17,000.00 2,500.00 124.49 24.898 375.51 17,000.00 2,500.00 Subtotal: 263,433.00 263,433.00 15,798.12 83,548.93 31.715 179,884.07 135-65010-030-000 135-65055-030-000 135-65085-030-000 135-65090-030-000 135-65095-030-000 135-65105-030-000 Uniforms Hardware Office Supplies Printer Supplies & Maintenance Maintenance Supplies Printing 2,050.00 7,064.00 6,000.00 3,500.00 4,000.00 2,500.00 2,050.00 7,064.00 6,000.00 3,500.00 4,000.00 2,500.00 1,779.32 2,056.65 268.83 3,025.81 4,352.51 1,972.94 42.834 72.542 49.324 2,050.00 4,038.19 1,647.49 3,500.00 2,027.06 2,500.00 Subtotal: 25,114.00 25,114.00 4,104.80 9,351.26 37.235 15,762.74 135-69005-030-000 Capital Outlays 280,000.00 280,000.00 493.00 493.00 .176 279,507.00 135-69170-030-000 Copier Lease Installments 4,000.00 4,000.00 295.97 1,407.77 35.194 2,592.23 Subtotal: 284,000.00 284,000.00 788.97 1,900.77 .669 282,099.23 Program number: 1,559,905.00 1,559,905.00 78,905.22 461,212.67 29.567 1,098,692.33 Department number: Administration 1,559,905.00 1,559,905.00 78,905.22 461,212.67 29.567 1,098,692.33 171 of 256 glbase_tbam skrolczyk Trophy Club MUD No.1 Page 12 18:02 03/13/19 Budget Summary with Amendment Fund: 135 MUD 1 General Fund Department: 39 Non Departmental Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 135-55045-039-000 Legal 137,000.00 135-55055-039-000 Auditing 30,800.00 135-55060-039-000 Appraisal 11,714.00 135-55065-039-000 Tax Admin Fees 4,800.00 137,000.00 30,800.00 11,714.00 4,800.00 22,091.24 52,648.42 26,459.53 4,723.22 3,653.00 38.430 85.908 40.321 76.104 84,351.58 4,340.47 6,990.78 1,147.00 Subtotal: 184,314.00 184,314.00 22,091.24 87,484.17 47.465 96,829.83 Program number: 184,314.00 184,314.00 22,091.24 87,484.17 47.465 96,829.83 Department number: Non Departmental 184,314.00 184,314.00 22,091.24 87,484.17 47.465 96,829.83 Expenditures Subtotal 10,271,365.00 10,271,365.00 734,860.54 3,442,242.46 33.513 6,829,122.54 Fund number: 135 MUD 1 General Fund 341,837.00- 341,837.00- 76,500.16 396,634.95 -116.030 738,471.95- 172 of 256 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 137 MUD 1 Consolidated GASB Account Description Department: Adopted Budget Trophy Club MUD No.1 Budget Summary with Amendment Period Ending: 2/2019 Amended Total Current Budget Encumb. Month Program: YTD Total % of Budget Page 13 March 18, 2019 Regular Meeting Agenda Packet Remaining Budget 137-49145-000-000 1 137-49146-000-000 Intergov Transfer -General Fund Intergov Transfer -Fire Dept 105,000.00- 81,420.00- 105,000.00 81,420.00 Subtotal: 186,420.00- 186,420.00 Program number: 186,420.00- 186,420.00 Department number: 186,420.00- 186,420.00 Revenues Subtotal 186,420.00- 186,420.00 Fund number: 137 MUD 1 Consolidated GASB 186,420.00- 186,420.00 173 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: Revenues Program: Period Ending: 2/2019 JE Detail Description/Comment Page 5 March 18, 2019 Regular Meeting Agenda Packet Beginning Transaction Transaction Vendor_Name Check Source Balance Detail Detail Number (SUBTOTAL) Account: 135-40000-000-000 Property Taxes 882 02/01/2019 Property Taxes 885 02/04/2019 Property Taxes 886 02/05/2019 Property Taxes 888 02/06/2019 Property Taxes 889 02/07/2019 Property Taxes 890 02/08/2019 Property Taxes 891 02/11/2019 Property Taxes 892 02/12/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 895 02/15/2019 Property Taxes 896 02/19/2019 Property Taxes 897 02/20/2019 Property Taxes 898 02/21/2019 Property Taxes 899 02/22/2019 Property Taxes 900 02/25/2019 Property Taxes 908 02/26/2019 Property Taxes 902 02/28/2019 Property Taxes (112,711.18) (1,039.37) (113,750.55) GL (1,210.97) (114,961.52) GL (2,188.65) (117,150.17) GL (1,570.42) (118,720.59) GL (2,481.67) (121,202.26) GL (61.90) (121,264.16) GL (6.79) (121,270.95) GL (69.84) (121,340.79) GL (156.25) (121,497.04) GL (26.10) (121,523.14) GL (27.96) (121,551.10) GL (761.76) (122,312.86) GL 42.62 (122,270.24) GL (34.95) (122,305.19) GL 20.25 (122,284.94) GL (29.37) (122,314.31) GL (82.30) (122,396.61) GL (10.99) (122,407.60) GL Account: 135-40000-000-000 Property Taxes Totals: (9,696.42) (122,407.60) ** (132,384.00) Budgeted (9,976.40) Remaining 92 % Used Account: 135-40002-000-000 Property Taxes/Delinquent 882 02/01/2019 Property Taxes 886 02/05/2019 Property Taxes 888 02/06/2019 Property Taxes 889 02/07/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 900 02/25/2019 Property Taxes 901 02/27/2019 Property Taxes 902 02/28/2019 Property Taxes (93.89) (.02) (93.91) GL (23.58) (117.49) GL (.05) (117.54) GL (.86) (118.40) GL (.05) (118.45) GL 8.19 (110.26) GL (8.72) (118.98) GL (112.80) (231.78) GL (4.15) (235.93) GL Account: 135-40002-000-000 Property Taxes/Delinquent Totals: (142.04) (235.93) ** (300.00) Budgeted (64.07) Remaining 79 6 Used Account: 135-40015-000-000 Property Taxes/P & I 882 02/01/2019 Property Taxes 885 02/04/2019 Property Taxes 886 02/05/2019 Property Taxes (57.65) (3.66) (61.31) GL (3.29) (64.60) GL (8.48) (73.08) GL 174 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description 888 02/06/2019 Property Taxes 889 02/07/2019 Property Taxes 890 02/08/2019 Property Taxes 891 02/11/2019 Property Taxes 892 02/12/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 895 02/15/2019 Property Taxes 896 02/19/2019 Property Taxes 898 02/21/2019 Property Taxes 900 02/25/2019 Property Taxes 908 02/26/2019 Property Taxes 901 02/27/2019 Property Taxes 902 02/28/2019 Property Taxes Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: Revenues Program: Period Ending: 2/2019 JE Detail Description/Comment Page 6 March 18, 2019 Regular Meeting Agenda Packet Beginning Transaction Transaction Vendor_Name Check Source Balance Detail Detail Number (SUBTOTAL) (57.65) (.01) (73.09) GL (2.04) (75.13) GL (3.97) (79.10) GL (3.39) (82.49) GL (4.89) (87.38) GL (10.94) (98.32) GL (1.83) (100.15) GL (1.95) (102.10) GL (168.41) (270.51) GL (2.57) (273.08) GL (4.24) (277.32) GL (6.10) (283.42) GL (6.67) (290.09) GL (9.79) (299.88) GL Account: 135-40015-000-000 Property Taxes/P & I Totals: (242.23) (299.88) ** (300.00) Budgeted (.12) Remaining 100 % Used Account: 135-40025-000-000 PID Surcharges .00 .00 Account: 135-40025-000-000 PID Surcharges Totals: .00 .00 ** (171,983.00) Budgeted (171,983.00) Remaining 0 % Used Account: 135-47000-000-000 Water 699 02/06/2019 UB 02/06/2019 Account credit UB20190206-20190206 User: 755 02/13/2019 UB 02/13/2019 Credit adjustmen UB20190213-20190213 User: 867 02/20/2019 Bill adj 13B20190220-20190220 User: 838 02/28/2019 Billing -February 2019 UB20190228-20190228 User: (1,181,180.09) 155.76 (1,181,024.33) UB 41.49 (1,180,982.84) UB 89.10 (1,180,893.74) UB (290,225.03) (1,471,118.77) UB Account: 135-47000-000-000 Water Totals: (289,938.68) (1,471,118.77) ** (6,599,484.00) Budgeted (5,128,365.23) Remaining 22 % Used Account: 135-47005-000-000 Sewer 838 02/28/2019 Billing -February 2019 13B20190228-20190228 User: (1,000,135.95) (273,743.49) (1,273,879.44) UB Account: 135-47005-000-000 Sewer Totals: (273,743.49) (1,273,879.44) ** (3,412,665.00) Budgeted (2,138,785.56) Remaining 37 % Used Account: 135-47025-000-000 Penalties 175 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: Revenues Program: Period Ending: 2/2019 JE Detail Description/Comment 698 02/06/2019 UB 02/06/2019 Penalty removal 13B20190206-20190206 User: 765 02/15/2019 UB 02/15/2019 Penalty removal UB20190215-20190215 User: 795 02/21/2019 UB 02/21/2019 Penalties UB20190221-20190221 User: 811 02/26/2019 UB 02/26/2019 Penalty removal UB20190226-20190226 User: 813 02/26/2019 UB 02/26/2019 Penalty removal UB20190226-20190226 User: 815 02/26/2019 UB 02/26/2019 Penalty removal 13B20190226-20190226 User: 822 02/27/2019 UB 02/27/2019 Penalty removal UB20190227-20190227 User: 866 02/28/2019 UB penalty removals UB20190228-20190228 User: Page 7 March 18, 2019 Regular Meeting Agenda Packet Beginning Transaction Transaction Vendor_Name Check Source Balance Detail Detail Number (SUBTOTAL) (34,312.75) 25.87 96.73 (8,639.58) 65.93 28.80 18.59 10.84 48.50 (34,286.88) (34,190.15) (42,829.73) (42,763.80) (42,735.00) (42,716.41) (42,705.57) (42,657.07) UB UB UB UB UB UB UB UB Account: 135-47025-000-000 Penalties - Totals: (8,344.32) (42,657.07) ** (136,418.00) Budgeted (93,760.93) Remaining 31 % Used Account: 135-47030-000-000 Service Charges 694 02/06/2019 767 02/11/2019 793 02/20/2019 UB UB UB 02/06/2019 02/11/2019 02/20/2019 Disconnect Fees 0B20190206-20190206 User: NSF Check UB20190211-20190211 User: NSF check 0520190220-20190220 User: (5,750.00) (1,350.00) (25.00) (25.00) (7,100.00) (7,125.00) (7,150.00) UB UB UB Account: 135-47030-000-000 ' Service Charges Totals: (1,400.00) (7,150.00) ** (17,000.00) Budgeted (9,850.00) Remaining 42 % Used Account: 135-47035-000-000 Plumbing Inspections 851 02/04/2019 Permits 851 02/04/2019 Permits 851 02/04/2019 Permits 851 02/04/2019 Permits 852 02/22/2019 Permitting 852 02/22/2019 Permitting 602 Hogan's drive 11 Sadie Court 511 Asheville 653 Sheldon Drive 605 Hogan's Drive 509 Asheville Lane (250.00) (50.00) (50.00) (50.00) (50.00) (50.00) (50.00) (300.00) Ashton Woods (350.00) Drees Homes (400.00) Ashton Woods (450.00) Ashton Woods (500.00) Ashton Woods Homes (550.00) Ashton Woods Homes CR CR CR CR CR CR Account: 135-47035-000-000 Plumbing Inspections Totals: (300.00) (550.00) ** (1,500.00) Budgeted (950.00) Remaining 37 % Used Account: 135-47045-000-000 Sewer Inspections 851 02/04/2019 Permits 851 02/04/2019 Permits 851 02/04/2019 Permits 851 02/04/2019 Permits 852 02/22/2019 Permitting 852 02/22/2019 Permitting 602 Hogan's drive 11 Sadie Court 511 Asheville 653 Sheldon Drive 605 Hogan's Drive 509 Asheville Lane (750.00) (150.00) (900.00) Ashton Woods CR (150.00) (1,050.00) Drees Homes CR (150.00) (1,200.00) Ashton Woods CR (150.00) (1,350.00) Ashton Woods CR (150.00) (1,500.00) Ashton Woods Homes CR (150.00) (1,650.00) Ashton Woods Homes CR Account: 135-47045-000-000 Sewer Inspections Totals: (900.00) (1,650.00) ** (4,500.00) Budgeted (2,850.00) Remaining 37 % Used 176 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: Revenues Program: Period Ending: 2/2019 JE Detail Description/Comment Account: 135-47070-000-000 TCCC Effluent Charges Account: 135-47070-000-000 Page 8 March 18, 2019 Regular Meeting Agenda Packet Beginning Transaction Transaction Vendor_Name Check Source Balance Detail Detail Number (SUBTOTAL) (17.60) .00 (17.60) TCCC Effluent Charges Totals: .00 (17.60) ** (60,000.00) Budgeted (59,982.40) Remaining Account: 135-49010-000-000 Interest Income 917 02/12/2019 February Interest- Escrow Vac 868 02/28/2019 Bank Interest- February 868 02/28/2019 Bank Interest- February 868 02/28/2019 Bank Interest- February Account: 135-49010-000-000 (39,687.71) 0 % Used • (5.66) (39,693.37) GL (588.94) (40,282.31) GL (1,137.33) (41,419.64) GL (9,988.06) (51,407.70) GL Interest Income Totals: (11,719.99) (51,407 (20,000.00) Budgeted 31,407.70 Remaining 257 % Used Account: 135-49016-000-000 Cell Tower Revenue 839 02/12/2019 Cell Tower Rev AT&T February (5,041.91) (1,178.81) (6,220.72) GL Account: 135-49016-000-000 Cell Tower Revenue Totals: (1,178.81) (6,220.72) ** (14,146.00) Budgeted (7,925.28) Remaining 44 % Used Account: 135-49018-000-000 Building Rent Income 880 02/28/2019 Town Billed Invoices 1676-1679 AR 20190228-20190228 User: (2,333.32) Account: 135-49018-000-000 Account: 135-49026-000-000 Building Rent Income Totals: (7,000.00) Budgeted (4,083.35) Remaining 42 % Used Proceeds from Sale of Assets 843 02/28/2019 Salvage Lone Star Auction 843 02/28/2019 Salvage Lone Star Auction 843 02/28/2019 Salvage Lone Star Auction Account: 135-49026-000-000 Account: 135-49075-000-000 851 02/04/2019 Permits 851 02/04/2019 Permits Water On -Call 2011 Ford Truck 2001 Camera Van 2009 Vac Truck Proceeds from Sale of Assets Totals: (10,000.00) Budgeted 42,600.00 Remaining Oversize Meter Reimbursement 602 Hogan's drive 11 Sadie Court 526 % Used (1,715.00) 177 of 256 (583.33) (2,916.65) AR (583.33) (2,916.65) ** (7,050.00) (7,050.00) GL (6,450.00) (13,500.00) GL (39,100.00) (52,600.00) GL (52,600.00) (52,600.00) ** (343.00) (2,058.00) Ashton Woods (343.00) (2,401.00) Drees Homes CR CR glpdatb2 skrolczyk Trophy Club MUD No.1 Page 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: Revenues Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) 851 02/04/2019 Permits 851 02/04/2019 Permits 852 02/22/2019 Permitting 852 02/22/2019 Permitting 853 02/25/2019 permitting 511 Asheville 653 Sheldon Drive 605 Hogan's Drive 509 Asheville Lane 9 Heather stone Ct Account: 135-49075-000-000 Oversize Meter Reimbursement Totals: (18,522.00) Budgeted (14,406.00) Remaining Account: 135-49900-000-000 852 02/22/2019 Permitting 853 02/25/2019 permitting 853 02/25/2019 permitting 838 02/28/2019 Billing -February 2019 Account: 135-49900-000-000 Miscellaneous Income 605 Hogan's Drive 9 Heatherstone Ct 9 Heatherstone Ct UB20190228-20190228 User: (1,715.00) (343.00) (2,744.00) Ashton Woods CR (343.00) (3,087.00) Ashton Woods CR (343.00) (3,430.00) Ashton Woods Homes CR (343.00) (3,773.00) Ashton Woods Homes CR (343.00) (4,116.00) The Knoll HOA CR (2,401.00) (4,116.00) ** 22 % Used (3,208.08) (800.00) (4,008.08) Ashton Woods Homes CR (3,000.00) (7,008.08) The Knoll HOA CR (1,200.00) (8,208.08) The Knoll HOA CR (170.07) (8,378.15) UB Miscellaneous Income Totals: (5,170.07) (8,378.15) ** (7,000.00) Budgeted 1,378.15 Remaining 120 % Used Account: 135-49901-000-000 Records Management Revenue Account: 135-49901-000-000 Department Totals: (2.00) .00 (2.00) Records Management Revenue Totals: .00 (2.00) ** .00 Budgeted 2.00 Remaining 0 % Used (3,045,607.51) ** (658,360.38) Monthly Total (10,613,202.00) Budgeted (7,567,594.49) Remaining 29 % Used 178 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 10 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 10 Water Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-50005-010-000 Salaries & Wages 687 02/08/2019 MUD Payroll 02/08/2019 Salaries & Wages 776 02/22/2019 MUD Payroll 02/22/2019 Salaries & Wages Account: 135-50005-010-000 1 Salaries & Wages 326,755.00 Budgeted Account: 135-50010-010-000 Overtime 687 02/08/2019 MUD Payroll 02/08/2019 Overtime 776 02/22/2019 MUD Payroll 02/22/2019 Overtime 91,395.43 11,411.00 102,806.43 PR 11,413.57 114,220.00 PR Totals: 212,535.00 Remaining 35 % Used 22,824.57 114,220.00 ** 3,047.14 231.97 3,279.11 PR 573.97 3,853.08 PR Account: 135-50010-010-000 Overtime Totals: 805.94 3,853.08 ** 20,000.00 Budgeted Account: 135-50016-010-000 Longevity Account: 135-50016-010-000 Longevity Totals: 3,620.00 Budgeted .00 Remaining 16,146.92 Remaining 19 % Used 3,620.00 .00 3,620.00 .00 3,620.00 ** 100 % Used Account: 135-50017-010-000 Certification 776 02/22/2019 MUD Payroll 02/22/2019 Certification 750.00 175.00 925.00 PR Account: 135-50017-010-000 Certification Totals: 175.00 925.00 ** 4,800.00 Budgeted Account: 135-50020-010-000 Retirement 687 02/08/2019 MUD Payroll 02/08/2019 Retirement 776 02/22/2019 MUD Payroll 02/22/2019 Retirement 3,875.00 Remaining 19 9 Used 10,191.47 1,077.00 11,268.47 1,125.03 12,393.50 PR PR Account: 135-50020-010-000 Retirement Totals: 2,202.03 12,393.50 ** 33,304.00 Budgeted Account: 135-50026-010-000 Medical Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Medical Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Medical Insurance Account: 135-50026-010-000 20,910.50 Remaining 37 % Used Medical Insurance Totals: 74,818.00 Budgeted 13,066.08 57,532.24 Remaining 23 % Used 179 of 256 2,109.86 15,175.94 2,109.82 17,285.76 4,219.68 17,285.76 ** PR PR glpdatb2 skrolczyk Trophy Club MUD No.1 Page 11 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 10 Water Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-50027-010-000 Dental Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Dental Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Dental Insurance Account: 135-50027-010-000 Dental Insurance Totals: 4,317.00 Budgeted Account: 135-50028-010-000 Vision Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Vision Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Vision Insurance 902.50 130.80 1,033.30 PR 130.75 1,164.05 PR 3,152.95 Remaining 27 % Used 5 1,164.05 ** 150.23 21.25 171.48 PR 21.22 192.70 PR Account: 135-50028-010-000 Vision Insurance Totals: 42.47 192.70 ** Account: 135-50029-010-000 638 02/01/2019 February A/P 638 02/01/2019 February A/P 833 02/28/2019 February A/P 701.00 Budgeted Life Insurance & Other Employee Benefits Employee LTD & STD Caf 125 508.30 Remaining 27 % Used 876.44 98.56 975.00 Humana Inc 91.11 1,066.11 METLIFE GROUP BENEFITS 22.00 1,088.11 BenefitMall 4965 AP 4975 AP 5035 AP Account: 135-50029-010-000 Life Insurance & Other Totals: 211.67 1,088.11 ** 3,131.00 Budgeted 2,042.89 Remaining 35 % Used Account: 135-50030-010-000 Social Security Taxes 687 02/08/2019 MUD Payroll 02/08/2019 Social Security Taxes 776 02/22/2019 MUD Payroll 02/22/2019 Social Security Taxes Account: 135-50030-010-000 Social Security Taxes Totals: 22,021.00 Budgeted Account: 135-50035-010-000 - Medicare Taxes 687 02/08/2019 MUD Payroll 02/08/2019 Medicare Taxes 776 02/22/2019 MUD Payroll 02/22/2019 Medicare Taxes 6,012.23 14,573.62 Remaining 34 % Used 1,406.09 715.03 720.12 1,435.15 6,727.26 7,447.38 7,447.38 ** 167.22 1,573.31 168.41 1,741.72 PR PR PR PR Account: 135-50035-010-000 Medicare Taxes Totals: 335.63 1,741.72 ** 5,150.00 Budgeted Account: 135-50040-010-000 Unemployment Taxes 687 02/08/2019 MUD Payroll 02/08/2019 Unemployment Taxes 3,408.28 Remaining 34 % Used 423.63 161.99 180 of 256 585.62 PR glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE Number JE Date JE Description 776 02/22/2019 MUD Payroll 02/22/2019 Account: 135-50040-010-000 Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 10 Water Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment Unemployment Taxes Unemployment Taxes 1,080.00 Budgeted Totals: 370.19 Remaining Account: 135-50045-010-000 Workman's Compensation 129 02/01/2019 Insurance/Wrk Comp Expense Feb 841 02/12/2019 TML Refund W/C FY 18 Water Portion of W/C Refund Account: 135-50045-010-000 Workman's Compensation 12,895.00 Budgeted Account: 135-50060-010-000 Account: 135-50060-010-000 Account: 135-50070-010-000 Account: 135-50070-010-000 Account: 135-55005-010-000 Account: 135-55005-010-000 Account: 135-55080-010-000 872 02/26/2019 872 02/26/2019 872 02/26/2019 872 02/26/2019 833 02/28/2019 846 02/28/2019 912 02/28/2019 PCard PCard PCard PCard 1/29/2019 1/29/2019 1/29/2019 1/29/2019 February A/P February A/P February A/p Totals: 8,510.90 Remaining Pre-emp Physicals/Testing Pre-emp Physicals/Testing Totals: 200.00 Budgeted 200.00 Remaining Employee Relations Employee Relations 300.00 Budgeted Engineering Engineering 20,000.00 Budgeted Maint - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 Totals: 300.00 Remaining Totals: 20,000.00 Remaining enance & Repairs cla-val whitewood stud, aerosol, etc wtr shut off tool reporting Water line repair -1 Colonial Indian creek water line repair Poly 423.63 3,723.76 14,870.91 Program: Transaction Detail 124.19 66 % Used 286.18 930.94 (270.60) 34 5 Used 660.34 .00 O % Used O % Used O % Used 181 of 256 .00 .00 .00 .00 .00 Page 12 March 18, 2019 Regular Meeting Agenda Packet Transaction Vendor_Name Detail (SUBTOTAL) 709.81 709.81 ** 4,654.70 4,384.10 4,384.10 ** .00 .00 .00 .00 ** .00 .00 ** 34.69 14,905.60 119.40 15,025.00 345.83 15,370.83 65.70 15,436.53 9,760.26 25,196.79 6,363.21 31,560.00 204.00 31,764.00 ALLIED CONTROLS INC THE HOME DEPOT #6581 FERGUSON ENT 1241 SC TRACKING SOLUTIONS REY-MAR CONSTRUCTION REY-MAR CONSTRUCTION Core & Main LP Check Source Number PR GL GL PC PC PC PC 5059 AP 5082 AP AP glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description 912 02/28/2019 February A/p Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 10 Water Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment tank lease Program: Page 13 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) 14,870.91 42.00 31,806.00 ALLIED WELDING SUPPLY, INC Check Source Number AP 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 912 02/28/2019 February A/p lab testing lab testing water samples water samples 1,375.10 317.40 1,692.50 OXIDOR LABORATORIES LLC 230.00 1,922.50 OXIDOR LABORATORIES LLC 490.00 2,412.50 TARRANT CTY PUBLIC HEALTH LAB 235.00 2,647.50 TARRANT CTY PUBLIC HEALTH LAB 5019 AP 5019 AP 5022 AP AP Account: 135-55135-010-000 Lab Analysis Totals: 1,272.40 2,647.50 ** 6,500.00 Budgeted 3,852.50 Remaining 41 % Used 182 of 256 Account: 135-55080-010-000 Maintenance & Repairs Totals: 16,935.09 31,806.00 ** 100,000.00 Budgeted 68,194.00 Remaining 32 % Used Account: 135-55085-010-000 Generator Maint. and Repair 1,906.30 .00 1,906.30 Account: 135-55085-010-000 Generator Maint. and Repair Totals: .00 1,906.30 ** 3,000.00 Budgeted 1,093.70 Remaining 64 % Used Account: 135-55090-010-000 Vehicle Maintenance 872 02/26/2019 PCard 1/29/2019 -2/26/2019 oil change 927.25 66.80 994.05 GIERISCH CARE 0050292 PC Account: 135-55090-010-000 Vehicle Maintenance ' Totals: 66.80 994.05 ** 5,000.00 Budgeted 4,005.95 Remaining 20 % Used Account: 135-55105-010-000 Maintenance-Backhoe/SkidLoader .00 .00 Account: 135-55105-010-000 Maintenance-Backhoe/SkidLoader Totals: .00 .00 ** 3,500.00 Budgeted 3,500.00 Remaining 0 % Used Account: 135-55120-010-000 Cleaning Services .00 .00 Account: 135-55120-010-000 Cleaning Services Totals: .00 .00 ** 5,214.00 Budgeted 5,214.00 Remaining 0 % Used Account: 135-55135-010-000 Lab Analysis 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 912 02/28/2019 February A/p lab testing lab testing water samples water samples 1,375.10 317.40 1,692.50 OXIDOR LABORATORIES LLC 230.00 1,922.50 OXIDOR LABORATORIES LLC 490.00 2,412.50 TARRANT CTY PUBLIC HEALTH LAB 235.00 2,647.50 TARRANT CTY PUBLIC HEALTH LAB 5019 AP 5019 AP 5022 AP AP Account: 135-55135-010-000 Lab Analysis Totals: 1,272.40 2,647.50 ** 6,500.00 Budgeted 3,852.50 Remaining 41 % Used 182 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 14 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 10 Water Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-60010-010-000 Communications/Mobiles 774 02/18/2019 February A/P Account: 135-60010-010-000 Account: 135-60020-010-000 833 02/28/2019 February A/P Account: 135-60020-010-000 Cell phone -February 1,309.56 Communications/Mobiles Totals: 5,000.00 Budgeted 3,404.65 Remaining 32 % Used Electricity Electricity 1/9-2/8 Electricity Totals: 154,204.00 Budgeted 112,190.60 Remaining 285.79 1,595.35 VERIZON WIRELESS 5030 AP 285.79 1,595.35 ** 41,630.72 382.68 42,013.40 HUDSON ENERGY SERVICES, LLC 27 % Used 382.68 42,013.40 ** 5044 AP Account: 135-60066-010-000 Publications/Books/Subscripts Account: 135-60066-010-000 Publications/Books/Subscripts Totals: 1,000.00 Budgeted 1,000.00 Remaining Account: 135-60070-010-000 Dues & Memberships 833 02/28/2019 February A/P Petty cash reimbursement .00 0 % Used .00 .00 .00 ** 61.00 61.00 TROPHY CLUB MUD PETTY CASH 5062 AP Account: 135-60070-010-000 1 Dues & Memberships Totals: 61.00 61.00 ** 500.00 Budgeted 439.00 Remaining 12 % Used Account: 135-60080-010-000 ' Schools & Training 872 02/26/2019 PCard 1/29/2019 -2/26/2019 training class 833 02/28/2019 February A/P Petty cash reimbursement -Steve 691.00 280.00 971.00 TARRANT COUNTY COLLEGE 25.00 996.00 TROPHY CLUB MUD PETTY CASH PC 5062 AP Account: 135-60080-010-000 1 Schools & Training Totals: 305.00 996.00 ** 4,651.00 Budgeted 3,655.00 Remaining 21 % Used Account: 135-60090-010-000 Safety Program .00 .00 Account: 135-60090-010-000 Safety Program Totals: .00 .00 ** 400.00 Budgeted 400.00 Remaining 0 5 Used Account: 135-60100-010-000 Travel & per diem 183 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 15 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 10 Water Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-60100-010-000 .00 .00 Travel & per diem Totals: .00 .00 ** 2,345.00 Budgeted Account: 135-60105-010-000 Rent/Lease Equipment Account: 135-60105-010-000 1 Rent/Lease Equipment 1,500.00 Budgeted 2,345.00 Remaining 0 % Used .00 .00 Totals: .00 ** 1,500.00 Remaining 0 % Used Account: 135-60135-010-000 TCEQ Fees & Permits 872 02/26/2019 PCard 1/29/2019 -2/26/2019 tier 2 submittal 833 02/28/2019 February A/P Petty cash reimbursement -Steve 869 02/28/2019 February A/P Wellw ater Account: 135-60135-010-000 1 TCEQ Fees & Permits Totals: 58,000.00 Budgeted Account: 135-60150-010-000 Wholesale Water 833 02/28/2019 February A/P wholesale water Account: 135-60150-010-000 7,685.65 50.00 7,735.65 TCEQ EPAYMENT PC 50.00 7,785.65 TROPHY CLUB MUD PETTY CASH 5062 AP 4,338.58 12,124.23 North Texas Groundwater 5083 AP 45,875.77 Remaining 21 % Used 4,438.58 24.23 ** 381,585.11 109,758.62 491,343.73 CITY OF FORT WORTH 5037 AP Wholesale Water Totals: 109,758.62 491,343.73 ** 3,013,494.00 Budgeted Account: 135-60245-010-000 Miscellaneous Expenses Account: 135-60245-010-000 2,522,150.27 Remaining 16 % Used Miscellaneous Expenses Totals: 200.00 Budgeted Account: 135-60280-010-000 Property Maintenance 872 02/26/2019 PCard 1/29/2019 -2/26/2019 Denton Sand & Gravel 872 02/26/2019 PCard 1/29/2019 -2/26/2019 Denton Sand & Gravel Account: 135-60280-010-000 .00 200.00 Remaining 0 % Used Property Maintenance Totals: 3,000.00 Budgeted .00 .00 .00 ** 168.00 168.00 DENTON SAND & GRAVEL, PC 168.00 336.00 DENTON SAND & GRAVEL, PC 2,664.00 Remaining 11 6 Used 184 of 256 336.00 336.00 ** glpdatb2 skrolczyk Trophy Club MUD No.1 Page 16 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 10 Water Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-60285-010-000 Lawn Equipment & Maintenance 2,090.00 .00 2,090.00 Account: 135-60285-010-000 Lawn Equipment & Maintenance Totals: .00 2,090.00 ** 14,750.00 Budgeted 12,660.00 Remaining Account: 135-60332-010-000 Interfund Transfer Out -Rev I&S 828 02/28/2019 TexPool Transfers February TexPool O&M to 16Swift Rev I&S 14 % Used 100,691.24 25,172.81 125,864.05 GL Account: 135-60332-010-000 Interfund Transfer Out -Rev I&S Totals: 585,209.00 Budgeted 459,344.95 Remaining Account: 135-60333-010-000 Interfund Transfer Out -Reserve 828 02/28/2019 TexPool Transfers February TexPool O&M to Rev Bond Resevr Account: 135-60333-010-000 Interfund Transfer Out -Reserve Totals: 55,193.00 Budgeted 32,193.00 Remaining 25,172.81 125,864.05 ** 22 % Used 18,400.00 4,600.00 23,000.00 GL 42 % Used 4,600.00 23,000.00 ** Account: 135-60334-010-000 Interfund Transfer Out Account: 135-60334-010-000 Interfund Transfer Out Totals: 200,000.00 Budgeted 200,000.00 Remaining 0 % Used .00 .00 .00 .00 ** Account: 135-60360-010-000 Furniture/Equipment < $5000 .00 .00 Account: 135-60360-010-000 Furniture/Equipment < $5000 Totals: .00 .00 ** 2,500.00 Budgeted 2,500.00 Remaining 0 % Used Account: 135-65005-010-000 Fuel & Lube 821 02/24/2019 February Fuel A/P Fuel 2,944.53 836.68 3,781.21 US Bank Voyager Fleet Systems 5063 AP Account: 135-65005-010-000 Fuel & Lube Totals: 836.68 3,781.21 ** 15,000.00 Budgeted 11,218.79 Remaining 25 % Used Account: 135-65010-010-000 Uniforms 185 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 18:02 03/13/19 Detailed Accounting Trial Balance Page 17 Fund: 135 MUD 1 General Fund Department: 10 Water Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) 1,417.41 .00 1,417.41 Account: 135-65010-010-000 Uniforms Totals .00 1,417.41 5,190.00 Budgeted 3,772.59 Remaining 27 % Used Account: 135-65030-010-000 Chemicals 774 02/18/2019 February A/P 788 02/20/2019 February A/P 912 02/28/2019 February A/p 912 02/28/2019 February A/p ammonia testing supplies Chlorine chem keys chlorine 7,393.84 445.88 7,839.72 Valley Solvent Company, INC 5029 AP 692.62 8,532.34 HACH COMPANY 5041 AP 251.89 8,784.23 HACH COMPANY AP 893.45 9,677.68 DPC INDUSTRIES, INC AP Account: 135-65030-010-000 Chemicals Totals: 2,283.84 9,677.68 ** 20,000.00 Budgeted 10,322.32 Remaining 48 % Used Account: 135-65035-010-000 Small Tools .00 .00 Account: 135-65035-010-000 Small Tools Totals: .00 .00 ** 1,200.00 Budgeted 1,200.00 Remaining 0 % Used Account: 135-65040-010-000 Safety Equipment .00 .00 Account: 135-65040-010-000 Safety Equipment Totals: .00 .00 ** 1,000.00 Budgeted 1,000.00 Remaining 0 % Used Account: 135-65050-010-000 Meter Expense 17,861.60 .00 17,861.60 Account: 135-65050-010-000 Meter Expense Totals: .00 17,861.60 ** 70,000.00 Budgeted 52,138.40 Remaining 26 % Used Account: 135-65053-010-000 Meter Change Out Program 31,482.00 .00 31,482.00 Account: 135-65053-010-000 Meter Change Out Program Totals: .00 31,482.00 ** 87,000.00 Budgeted 55,518.00 Remaining 36 % Used 186 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 18 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 10 Water Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-69005-010-000 774 02/18/2019 February A/P 833 02/28/2019 February A/P 912 02/28/2019 February A/p Capital Outlays Indian Creek water line 152,689.83 173,192.37 325,882.20 Quality Excavation, LTD 5020 AP Valve replacement Crestwood 8,425.70 334,307.90 REY-MAR CONSTRUCTION 5059 AP 16" water line -Phase II 26,002.22 360,310.12 Halff Associates, INC AP Account: 135-69005-010-000 Capital Outlays Totals: 207,620.29 360,310.12 ** 453,000.00 Budgeted 92,689.88 Remaining 80 % Used Account: 135-69008-010-000 Short Term Debt -Principal 30,068.00 Account: 135-69008-010-000 Short Term Debt -Principal 30,068.00 Budgeted Totals: .00 Remaining Account: 135-69009-010-000 Short Term Debt -Interest 100 % Used 2,283.93 Account: 135-69009-010-000 Short Term Debt -Interest Totals: 4,124.00 Budgeted 1,840.07 Remaining Account: 135-69195-010-000 Account: 135-69195-010-000 Gasb34/Reserve for Replacement Gasb34/Reserve for Replacement Totals: 75,000.00 Budgeted .00 Remaining 55 % Used 75,000.00 100 % Used Account: 135-69281-010-000 Water Tank Inspection Contract Account: 135-69281-010-000 Water Tank Inspection Contract Totals: 120,000.00 Budgeted 20,122.89 Remaining 99,877.11 83 % Used 187 of 256 .00 30,068.00 .00 30,068.00 ** .00 2,283.93 .00 2,283.93 ** .00 75,000.00 .00 75,000.00 ** .00 99,877.11 .00 99,877.11 ** glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Page 19 Detailed Accounting Trial Balance Department: 10 Water Program: 1 Lab Analysis for PID Period Ending: 2/2019 Beginning Transaction Transaction Vendor_Name Check Source Balance Detail Detail Number (SUBTOTAL) JE Detail Description/Comment March 18, 2019 Regular Meeting Agenda Packet Account: 135-55135-010-001 Lab Analysis for PID 774 02/18/2019 February A/P 912 02/28/2019 February A/p water samples water samples 447.70 80.00 527.70 TARRANT CTY PUBLIC HEALTH LAB 5022 AP 80.00 607.70 TARRANT CTY PUBLIC HEALTH LAB AP Account: 135-55135-010-001 Lab Analysis for PID Totals: 160.00 607.70 ** 2,000.00 Budgeted 1,392.30 Remaining 30 % Used Department 10 Totals: 1,538,169.58 ** 407,975.79 Monthly Total 5,641,834.00 Budgeted 4,103,664.42 Remaining 27 % Used 188 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 20 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 20 Wastewater Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-50005-020-000 Salaries & Wages 687 02/08/2019 MUD Payroll 02/08/2019 Salaries & Wages 776 02/22/2019 MUD Payroll 02/22/2019 Salaries & Wages Account: 135-50005-020-000 1 Salaries & Wages 421,699.00 Budgeted Account: 135-50010-020-000 Overtime 687 02/08/2019 MUD Payroll 02/08/2019 Overtime 776 02/22/2019 MUD Payroll 02/22/2019 Overtime Account: 135-50010-020-000 104,757.49 13,043.84 117,801.33 PR 13,093.61 130,894.94 PR Totals: 26,137.45 130,894.94 ** 290,804.06 Remaining 31 % Used 11,211.72 1,397.20 12,608.92 PR 1,065.99 13,674.91 PR Overtime Totals: 2,463.19 ! 13,674.91 ** 30,000.00 Budgeted Account: 135-50016-020-000 Longevity Account: 135-50016-020-000 Longevity Totals: 7,445.00 Budgeted .00 Remaining 16,325.09 Remaining 46 % Used Account: 135-50017-020-000 Certification 7,445.00 .00 7,445.00 .00 100 % Used 776 02/22/2019 MUD Payroll 02/22/2019 Certification 2,700.00 900.00 3,600.00 PR Account: 135-50017-020-000 Certification Totals: 900.00 3,600.00 ** 8,700.00 Budgeted Account: 135-50020-020-000 Retirement 687 02/08/2019 MUD Payroll 02/08/2019 Retirement 776 02/22/2019 MUD Payroll 02/22/2019 Retirement 5,100.00 Remaining 41 % Used 13,182.27 1,335.78 14,518.05 1,393.01 15,911.06 PR PR Account: 135-50020-020-000 Retirement Totals: 2,728.79 15,911.06 ** 43,276.00 Budgeted Account: 135-50026-020-000 Medical Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Medical Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Medical Insurance Account: 135-50026-020-000 27,364.94 Remaining 37 % Used Medical Insurance Totals: 91,627.00 Budgeted 21,529.46 64,509.06 Remaining 30 % Used 189 of 256 2,794.26 24,323.72 2,794.22 27,117.94 5,588.48 27,117.94 ** PR PR glpdatb2 skrolczyk Trophy Club MUD No.1 Page 21 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 20 Wastewater Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-50027-020-000 Dental Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Dental Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Dental Insurance Account: 135-50027-020-000 Dental Insurance 5,104.00 Budgeted Account: 135-50028-020-000 Vision Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Vision Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Vision Insurance 1,456.23 Totals: 3,307.21 Remaining 35 % Used 232.34 170.29 170.27 1,626.52 1,796.79 340.56 1,796.79 ** 27.83 260.17 27.81 287.98 PR PR PR PR Account: 135-50028-020-000 Vision Insurance Totals: 55.64 287.98 ** Account: 135-50029-020-000 638 02/01/2019 February A/P 638 02/01/2019 February A/P 833 02/28/2019 February A/P 826.00 Budgeted Life Insurance & Other Employee Benefits Employee LTD & STD Caf 125 538.02 Remaining 35 % Used 1,044.71 204.40 1,249.11 Humana Inc 162.14 1,411.25 METLIFE GROUP BENEFITS 40.00 1,451.25 BenefitMall 4965 AP 4975 AP 5035 AP Account: 135-50029-020-000 Life Insurance & Other Totals: 406.54 1,451.25 ** 4,495.00 Budgeted 3,043.75 Remaining 32 % Used Account: 135-50030-020-000 Social Security Taxes 687 02/08/2019 MUD Payroll 02/08/2019 Social Security Taxes 776 02/22/2019 MUD Payroll 02/22/2019 Social Security Taxes Account: 135-50030-020-000 Social Security Taxes Totals: 29,006.00 Budgeted Account: 135-50035-020-000 - Medicare Taxes 687 02/08/2019 MUD Payroll 02/08/2019 Medicare Taxes 776 02/22/2019 MUD Payroll 02/22/2019 Medicare Taxes 7,321.88 19,960.57 Remaining 31 % Used 1,712.39 856.50 867.05 1,723.55 8,178.38 9,045.43 9,045.43 ** 200.29 1,912.68 202.79 2,115.47 PR PR PR PR Account: 135-50035-020-000 Medicare Taxes Totals: 403.08 2,115.47 ** 6,784.00 Budgeted Account: 135-50040-020-000 Unemployment Taxes 687 02/08/2019 MUD Payroll 02/08/2019 Unemployment Taxes 4,668.53 Remaining 31 % Used 531.67 259.94 190 of 256 791.61 PR glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description 776 02/22/2019 MUD Payroll 02/22/2019 Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 20 Wastewater Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment Unemployment Taxes 531.67 Program: Page 22 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) 155.49 947.10 Check Source Number PR 191 of 256 Account: 135-50040-020-000 Unemployment Taxes Totals: 415.43 947.10 ** 1,260.00 Budgeted 312.90 Remaining 75 % Used Account: 135-50045-020-000 Workman's Compensation 129 02/01/2019 Insurance/Wrk Comp Expense Feb 841 02/12/2019 TML Refund W/C FY 18 Wastewater Portion W/C Refund 4,822.92 1,205.73 (349.80) 6,028.65 5,678.85 GL GL Account: 135-50045-020-000 Workman's Compensation Totals: 855.93 5,678.85 ** 16,941.00 Budgeted 11,262.15 Remaining 34 % Used Account: 135-50060-020-000 Pre-emp Physicals/Testing 38.00 .00 38.00 Account: 135-50060-020-000 Pre-emp Physicals/Testing Totals: .00 38.00 ** 400.00 Budgeted 362.00 Remaining 10 % Used Account: 135-50070-020-000 Employee Relations .00 .00 Account: 135-50070-020-000 Employee Relations Totals: .00 .00 ** 300.00 Budgeted 300.00 Remaining 0 % Used Account: 135-55005-020-000 Engineering .00 .00 Account: 135-55005-020-000 Engineering Totals: .00 .00 ** 30,000.00 Budgeted 30,000.00 Remaining 0 % Used Account: 135-55070-020-000 Independent Labor 891.00 .00 891.00 Account: 135-55070-020-000 Independent Labor Totals: .00 891.00 ** 15,000.00 Budgeted 14,109.00 Remaining 6 % Used Account: 135-55080-020-000 Maintenance & Repairs 191 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE Number JE Date 774 02/18/2019 774 02/18/2019 774 02/18/2019 774 02/18/2019 788 02/20/2019 872 02/26/2019 872 02/26/2019 872 02/26/2019 872 02/26/2019 872 02/26/2019 833 02/28/2019 833 02/28/2019 833 02/28/2019 912 02/28/2019 JE Description February A/P February A/P February A/P February A/P February A/P PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 February A/P February A/P February A/P February A/p - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 20 Wastewater Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment pump rental 10/22-11/19 pump rental 11/19-12/6 gravel LS #5 road Skyline Sewer Pipe erosion Belt press blades & wires hydrant to hose adaptor 2x4, stud,140zmap,etc water nozzle 50 gal mobile job box door maintenance Put pump in LS #6 Petty cash reimbursement Sewer line repair behind skyli pipes and pump for wwtp 22,535.66 Program: Transaction Detail 2,816.53 2,804.53 1,095.00 3,262.50 193.27 121.00 240.44 23.88 128.00 169.95 620.00 7.70 38,720.60 215.92 Page 23 March 18, 2019 Regular Meeting Agenda Packet Transaction Vendor_Name Detail (SUBTOTAL) 25,352.19 28,156.72 29,251.72 32,514.22 32,707.49 32,828.49 33,068.93 33,092.81 33,220.81 33,390.76 34,010.76 34,018.46 72,739.06 72,954.98 United Rentals (North America) United Rentals (North America) TK CONTRACTORS LLC CP&Y/WALLACE GROUP, INC. Alfa Laval, Inc ROANOKE WINNELSON CO THE HOME DEPOT 6581 THE HOME DEPOT #6581 THE HOME DEPOT 6581 TRU ROLL OVERHEAD DOOR DHS AUTOMATION, INC TROPHY CLUB MUD PETTY CASH REY-MAR CONSTRUCTION ROANOKE WINNELSON CO. Check Source Number 5028 AP 5028 AP 5026 AP 5011 AP 5034 AP PC PC PC PC PC 5039 AP 5062 AP 5059 AP AP Account: 135-55080-020-000 Maintenance & Repairs Totals: 50,419.32 72,954.98 ** 88,000.00 Budgeted 15,045.02 Remaining 83 % Used Account: 135-55085-020-000 Generator Maint. and Repair 4,300.82 .00 4,300.82 Account: 135-55085-020-000 Generator Maint. and Repair Totals: .00 4,300.82 ** 10,000.00 Budgeted 5,699.18 Remaining 43 % Used Account: 135-55090-020-000 Vehicle Maintenance 872 02/26/2019 PCard 1/29/2019 -2/26/2019 872 02/26/2019 PCard 1/29/2019 -2/26/2019 872 02/26/2019 PCard 1/29/2019 -2/26/2019 clevis pin triball mount oil change 183.67 8.54 192.21 THE HOME DEPOT 6581 46.79 239.00 THE HOME DEPOT 6581 61.52 300.52 KWIK KAR LUBE & TUNE 0 PC PC PC Account: 135-55090-020-000 Vehicle Maintenance Totals: 116.85 300.52 ** 8,000.00 Budgeted 7,699.48 Remaining 4 6 Used Account: 135-55105-020-000 Maintenance-Backhoe/SkidLoader 872 02/26/2019 PCard 1/29/2019 -2/26/2019 833 02/28/2019 February A/P carb clnr mini trackhoe repair 1,533.28 49.98 1,583.26 ROANOKE AUTO SUPPLY LT 5,096.62 6,679.88 HOLT CAT PC 5042 AP Account: 135-55105-020-000 Maintenance-Backhoe/SkidLoader Totals: 5,146.60 6,679.88 ** 1,500.00 Budgeted (5,179.88) Remaining 445 % Used Account: 135-55120-020-000 Cleaning Services 192 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE Number JE JE Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 20 Wastewater Period Ending: 2/2019 Beginning Balance JE Detail Description/Comment Program: Transaction Detail .00 Page 24 March 18, 2019 Regular Meeting Agenda Packet Transaction Vendor_Name Detail (SUBTOTAL) .00 Check Source Number 696 02/06/2019 696 02/06/2019 788 02/20/2019 788 02/20/2019 788 02/20/2019 788 02/20/2019 833 02/28/2019 833 02/28/2019 February A/P February A/P February A/P February A/P February A/P February A/P February A/P February A/P Effluent testing effluent testing Lab testing lab testing lab supplies Annual calibration effluent testing Effluent testing 16,326.24 317.40 230.00 317.40 230.00 1,703.47 327.54 230.00 317.40 16,643.64 16,873.64 17,191.04 17,421.04 19,124.51 19,452.05 19,682.05 19,999.45 OXIDOR LABORATORIES LLC OXIDOR LABORATORIES LLC OXIDOR LABORATORIES LLC OXIDOR LABORATORIES LLC IDEXX DISTRIBUTION, INC METTLER TOLEDO INTERNATIONAL OXIDOR LABORATORIES LLC OXIDOR LABORATORIES LLC 4993 4993 5058 5058 5045 5055 5058 5058 AP AP AP AP AP AP AP AP Account: 135-55135-020-000 Lab Analysis Totals: 3,673.21 19,999.45 ** 35,000.00 Budgeted 15,000.55 Remaining 57 % Account: 135-55120-020-000 Cleaning Services Totals: Account: .00 .00 ** 5,214.00 Budgeted 5,214.00 Remaining 0 % Used 434.95 1,927.01 VERIZON WIRELESS 5030 AP Account: 135-60010-020-000 Account: 135-55125-020-000 Dumpster Services 1,927.01 ** 5,000.00 Budgeted 3,072.99 Remaining 39 % Used 774 02/18/2019 788 02/20/2019 833 02/28/2019 February A/P February A/P February A/P sludge haul off Sludge haul off Account: 24,999.76 Electricity 1,690.00 2,535.00 2,535.00 26,689.76 29,224.76 31,759.76 L.H. L.H. L.H. CHANEY MATERIALS, CHANEY MATERIALS, CHANEY MATERIALS, INC. INC. INC. 5015 5050 5050 AP AP AP Account: 135-55125-020-000 Dumpster Services Totals: 6,760.00 31,759.76 ** 75,000.00 Budgeted 43,240.24 Remaining 42 % Used Account: 135-55135-020-000 Lab Analysis 696 02/06/2019 696 02/06/2019 788 02/20/2019 788 02/20/2019 788 02/20/2019 788 02/20/2019 833 02/28/2019 833 02/28/2019 February A/P February A/P February A/P February A/P February A/P February A/P February A/P February A/P Effluent testing effluent testing Lab testing lab testing lab supplies Annual calibration effluent testing Effluent testing 16,326.24 317.40 230.00 317.40 230.00 1,703.47 327.54 230.00 317.40 16,643.64 16,873.64 17,191.04 17,421.04 19,124.51 19,452.05 19,682.05 19,999.45 OXIDOR LABORATORIES LLC OXIDOR LABORATORIES LLC OXIDOR LABORATORIES LLC OXIDOR LABORATORIES LLC IDEXX DISTRIBUTION, INC METTLER TOLEDO INTERNATIONAL OXIDOR LABORATORIES LLC OXIDOR LABORATORIES LLC 4993 4993 5058 5058 5045 5055 5058 5058 AP AP AP AP AP AP AP AP Account: 135-55135-020-000 Lab Analysis Totals: 3,673.21 19,999.45 ** 35,000.00 Budgeted 15,000.55 Remaining 57 % Used Account: 135-60010-020-000 Communications/Mobiles 774 02/18/2019 February A/P Cell phone -February 1,492.06 434.95 1,927.01 VERIZON WIRELESS 5030 AP Account: 135-60010-020-000 Communications/Mobiles Totals: 434.95 1,927.01 ** 5,000.00 Budgeted 3,072.99 Remaining 39 % Used Account: 135-60020-020-000 Electricity 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 833 02/28/2019 February A/P 880 02/28/2019 Town Billed Invoices 1676-1679 Electricity 12/27-1/28 Electricity 12/27-1/28 Electricity 12/27-1/28 Electricity 1/9-2/8 AR 20190228-20190228 User: 64,079.09 193 of 256 193.64 277.85 29.34 177.47 (480.18) 64,272.73 64,550.58 64,579.92 64,757.39 64,277.21 TRI COUNTY ELECTRIC TRI COUNTY ELECTRIC TRI COUNTY ELECTRIC HUDSON ENERGY SERVICES, LLC 5027 5027 5027 5044 AP AP AP AP AR glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE Number JE JE Date Description Account: 135-60020-020-000 Account: 135-60066-020-000 Account: 135-60066-020-000 Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 20 Wastewater Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment Electricity Totals: 174,165.00 Budgeted 109,887.79 Remaining Account: 135-60070-020-000 Account: 135-60070-020-000 Account: 135-60080-020-000 833 02/28/2019 February A/P 833 02/28/2019 February A/P 833 02/28/2019 February A/P 833 02/28/2019 February A/P Account: 135-60080-020-000 Account: 135-60090-020-000 Account: 135-60090-020-000 Publications/Books/Subscripts Publications/Books/Subscripts Totals: 200.00 Budgeted 200.00 Remaining Dues & Memberships Dues & Memberships Totals: 300.00 Budgeted 231.00 Remaining Schools & Training Petty cash reimbursement Petty cash reimbursement -Steve Petty cash reimbursement -Steve Petty cash reimbursement -Steve Schools & Training Totals: 7,155.00 Budgeted 6,292.05 Remaining Safety Program Safety Program Totals: 1,000.00 Budgeted 899.26 Remaining Account: 135-60100-020-000 Travel & per diem 776 02/22/2019 MUD Payroll 02/22/2019 872 02/26/2019 PCard 1/29/2019 -2/26/2019 Account: 135-60100-020-000 Travel & per diem training class Travel & per diem Totals: 1,895.00 Budgeted 69.00 Program: Transaction Detail 37 % Used 0 % Used 23 % Used 198.12 .00 .00 .00 .00 Page 25 March 18, 2019 Regular Meeting Agenda Packet Transaction Vendor_Name Detail (SUBTOTAL) 64,277.21 ** .00 .00 ** 69.00 69.00 ** 741.00 25.00 766.00 TROPHY CLUB MUD PETTY CASH 25.00 791.00 TROPHY CLUB MUD PETTY CASH 25.00 816.00 TROPHY CLUB MUD PETTY CASH 46.95 862.95 TROPHY CLUB MUD PETTY CASH 100.74 12 % Used 121.95 .00 10 % Used .00 127.53 27.58 1,739.89 Remaining 8 % Used 194 of 256 155.11 862.95 ** 100.74 100.74 ** 127.53 155.11 TURN 3 BBQ 155.11 ** Check Source Number 5062 AP 5062 AP 5062 AP 5062 AP PR PC glpdatb2 skrolczyk Trophy Club MUD No.1 Page 26 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 20 Wastewater Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-60105-020-000 Rent/Lease Equipment Account: 135-60105-020-000 Account: 135-60125-020-000 Account: 135-60125-020-000 Account: 135-60135-020-000 Account: 135-60135-020-000 Account: 135-60245-020-000 Rent/Lease Equipment Totals: 5,000.00 Budgeted 5,000.00 Remaining 0 % Used Advertising Advertising Totals: 2,500.00 Budgeted TCEQ Fees & Permits TCEQ Fees & Permits 30,000.00 Budgeted Miscellaneous Expenses 2,500.00 Remaining 16,545.22 0 % Used .00 .00 .00 .00 ** .00 .00 .00 .00 ** .00 16,545.22 Totals: 13,454.78 Remaining 55 % Used .00 16,545.22 ** .00 .00 Account: 135-60245-020-000 Miscellaneous Expenses Totals: .00 .00 ** Account: 135-60280-020-000 Account: 135-60280-020-000 450.00 Budgeted Property Maintenance Property Maintenance 5,000.00 Budgeted 450.00 Remaining 225.18 0 % Used Totals: 4,774.82 Remaining 5 % Used .00 225.18 .00 225.18 ** Account: 135-60285-020-000 Lawn Equipment & Maintenance 647.84 .00 647.84 Account: 135-60285-020-000 Lawn Equipment & Maintenance Totals: .00 647.84 ** Account: 135-60331-020-000 11,600.00 Budgeted 10,952.16 Remaining Interfund Transfer Out -Tax ISS 6 % Used 195 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 27 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 20 Wastewater Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) 828 02/28/2019 TexPool Transfers February TexPool O&M to I&S- PID Debt 43,655.60 10,913.90 54,569.50 GL Account: 135-60331-020-000 Interfund Transfer Out -Tax I&S Totals: 10,913.90 54,569.50 ** 120,053.00 Budgeted 65,483.50 Remaining 45 % Used Account: 135-60332-020-000 Interfund Transfer Out -Rev I&S 828 02/28/2019 TexPool Transfers February TexPool O&M to Rev Bd WWTP I&S 216,813.80 54,203.45 271,017.25 GL Account: 135-60332-020-000 Interfund Transfer Out -Rev I&S Totals: 54,203.45 271,017.25 ** 688,330.00 Budgeted 417,312.75 Remaining 39 % Used Account: 135-60333-020-000 Interfund Transfer Out -Reserve 828 02/28/2019 TexPool Transfers February TexPool O&M to Rev Bond Resevr 41,728.00 10,432.00 52,160.00 GL Account: 135-60333-020-000 Interfund Transfer Out -Reserve Totals: 10,432.00 52,160.00 ** 125,187.00 Budgeted 73,027.00 Remaining 42 % Used Account: 135-60334-020-000 Interfund Transfer Out .00 .00 Account: 135-60334-020-000 Interfund Transfer Out1 Totals: .00 .00 ** 200,000.00 Budgeted 200,000.00 Remaining 0 8 Used Account: 135-60360-020-000 Furniture/Equipment < $5000 .00 .00 Account: 135-60360-020-000 Furniture/Equipment < $5000 Totals: .00 .00 ** 3,500.00 Budgeted 3,500.00 Remaining 0 % Used Account: 135-65005-020-000 Fuel & Lube 821 02/24/2019 February Fuel A/P Fuel 3,953.89 1,609.96 5,563.85 US Bank Voyager Fleet Systems 5063 AP Account: 135-65005-020-000 Fuel & Lube Totals: 1,609.96 5,563.85 ** Account: 135-65010-020-000 12,500.00 Budgeted Uniforms 6,936.15 Remaining 45 % Used 2,059.90 196 of 256 .00 2,059.90 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 20 Wastewater Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment Program: Page 28 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) Check Source Number 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 912 02/28/2019 February A/p legal-WWTP WWTP Improvements WWTP water system 405,880.81 1,190.00 5,048.19 23,440.52 8,969.67 407,070.81 Dubois Bryant Campbell LLP 412,119.00 CP6Y/WALLACE GROUP, INC. 435,559.52 CP&Y/WALLACE GROUP, INC. 444,529.19 Halff Associates, INC 5012 AP 5011 AP 5011 AP AP Account: 135-69005-020-000 Capital Outlays Totals: 38,648.38 444,529.19 ** 330,000.00 Budgeted (114,529.19) Remaining 135 % Used 197 of 256 Account: 135-65010-020-000 Uniforms Totals: .00 2,059.90 ** 5,495.00 Budgeted 3,435.10 Remaining 37 % Used Account: 135-65030-020-000 Chemicals 774 02/18/2019 February A/P chemicals 2,753.78 547.00 3,300.78 Valley Solvent Company, INC 5029 AP Account: 135-65030-020-000 Chemicals Totals: 547.00 3,300.78 ** 30,000.00 Budgeted 26,699.22 Remaining 11 % Used Account: 135-65035-020-000 Small Tools 54.95 .00 54.95 Account: 135-65035-020-000 Small Tools Totals: .00 54.95 ** 1,200.00 Budgeted 1,145.05 Remaining 5 % Used Account: 135-65040-020-000 Safety Equipment 872 02/26/2019 PCard 1/29/2019 -2/26/2019 earplugs 843.55 252.14 1,095.69 GRAINGER PC Account: 135-65040-020-000 Safety Equipment Totals: 252.14 1,095.69 ** 1,200.00 Budgeted 104.31 Remaining 91 % Used Account: 135-65045-020-000 Lab Supplies 872 02/26/2019 PCard 1/29/2019 872 02/26/2019 PCard 1/29/2019 833 02/28/2019 February A/P -2/26/2019 water -2/26/2019 cooler minus reward points red gloves 3,138.64 5.94 53.25 152.00 3,144.58 3,197.83 3,349.83 TOM THUMB #1789 THE HOME DEPOT 6581 LOU'S GLOVES INCORPORATED 5052 PC PC AP Account: 135-65045-020-000 Lab Supplies Totals: 211.19 3,349.83 ** 20,000.00 Budgeted 16,650.17 Remaining 17 % Used Account: 135-69005-020-000 Capital Outlays 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 912 02/28/2019 February A/p legal-WWTP WWTP Improvements WWTP water system 405,880.81 1,190.00 5,048.19 23,440.52 8,969.67 407,070.81 Dubois Bryant Campbell LLP 412,119.00 CP6Y/WALLACE GROUP, INC. 435,559.52 CP&Y/WALLACE GROUP, INC. 444,529.19 Halff Associates, INC 5012 AP 5011 AP 5011 AP AP Account: 135-69005-020-000 Capital Outlays Totals: 38,648.38 444,529.19 ** 330,000.00 Budgeted (114,529.19) Remaining 135 % Used 197 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 20 Wastewater Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment Program: Page 29 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) Check Source Number Department 20 Totals: .00 Budgeted 225,862.77 Monthly Total (1,500.00) Remaining 0 % Used 1,353,788.47 ** 2,872,082.00 Budgeted 1,518,293.53 Remaining 47 % Used 198 of 256 Account: 135-69008-020-000 Short Term Debt -Principal 39,858.59 .00 39,858.59 Account: 135-69008-020-000 Short Term Debt -Principal Totals: .00 39,858.59 ** 109,858.00 Budgeted 69,999.41 Remaining 36 % Used Account: 135-69009-020-000 Short Term Debt -Interest 3,027.55 .00 3,027.55 Account: 135-69009-020-000 Short Term Debt -Interest Totals: .00 3,027.55 ** 14,917.00 Budgeted 11,889.45 Remaining 20 % Used Account: 135-69195-020-000 Gasb34/Reserve for Replacement 30,000.00 .00 30,000.00 Account: 135-69195-020-000 Gasb34/Reserve for Replacement Totals: .00 30,000.00 ** 30,000.00 Budgeted .00 Remaining 100 % Used Account: 135-70020-020-000 Capital Lease Issuance Cost ' 1,500.00 .00 1,500.00 Account: 135-70020-020-000 Capital Lease Issuance Cost Totals: .00 1,500.00 ** Department 20 Totals: .00 Budgeted 225,862.77 Monthly Total (1,500.00) Remaining 0 % Used 1,353,788.47 ** 2,872,082.00 Budgeted 1,518,293.53 Remaining 47 % Used 198 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 30 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 26 Board of Directors Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-50045-026-000 Workman's Compensation 129 02/01/2019 Insurance/Wrk Comp Expense Feb 8.48 Account: 135-50045-026-000 Workman's Compensation Totals: 30.00 Budgeted Account: 135-60066-026-000 Publications/Books/Subscripts Account: 135-60066-026-000 Publications/Books/Subscripts Totals: 150.00 Budgeted 150.00 Remaining 19.40 Remaining 35 % Used 2.12 10.60 GL 2.12 10.60 ** .00 0 % Used .00 .00 .00 ** Account: 135-60070-026-000 Dues & Memberships 650.00 .00 650.00 Account: 135-60070-026-000 Dues & Memberships Totals: .00 650.00 ** 750.00 Budgeted 100.00 Remaining 87 % Used Account: 135-60075-026-000 Meetings 872 02/26/2019 PCard 1/29/2019 -2/26/2019 Board meeting refreshments 833 02/28/2019 February A/P Petty cash reimbursement -Steve 18.42 18.42 TOM THUMB #1789 PC 4.98 23.40 TROPHY CLUB MUD PETTY CASH 5062 AP Account: 135-60075-026-000 Meetings Totals: 23.40 23.40 ** 1,300.00 Budgeted Account: 135-60080-026-000 Schools & Training 1,276.60 Remaining 2 % Used 565.00 .00 565.00 Account: 135-60080-026-000 Schools & Training Totals: .00 565.00 ** 4,000.00 Budgeted 3,435.00 Remaining 14 % Used Account: 135-60100-026-000 Travel & per diem 338.57 .00 338.57 Account: 135-60100-026-000 Travel & per diem Totals: .00 338.57 ** 5,000.00 Budgeted Account: 135-60245-026-000 Miscellaneous Expenses 4,661.43 Remaining 7 % Used 199 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 31 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 26 Board of Directors Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) .00 .00 Account: 135-60245-026-000 Miscellaneous Expenses Totals: .00 .00 ** 2,000.00 Budgeted 2,000.00 Remaining 0 % Used Department 26 Totals: 1,587.57 ** 25.52 Monthly Total 13,230.00 Budgeted 200 of 256 11,642.43 Remaining 12 % Used glpdatb2 skrolczyk Trophy Club MUD No.1 Page 32 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 30 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-50005-030-000 Salaries & Wages 687 02/08/2019 MUD Payroll 02/08/2019 Salaries & Wages 776 02/22/2019 MUD Payroll 02/22/2019 Salaries & Wages Account: 135-50005-030-000 1 Salaries & Wages 441,006.00 Budgeted 112,373.14 14,160.82 126,533.96 PR 15,828.97 142,362.93 PR Totals: 298,643.07 Remaining 32 % Used 29,989.79 142,362.93 ** Account: 135-50010-030-000 Overtime 10.45 .00 10.45 Account: 135-50010-030-000 Overtime Totals: .00 10.45 ** 2,000.00 Budgeted 1,989.55 Remaining 1 % Used Account: 135-50016-030-000 Longevity 1,832.50 .00 1,832.50 Account: 135-50016-030-000 Longevity Totals: .00 1,832.50 ** 1,833.00 Budgeted .50 Remaining 100 % Used Account: 135-50020-030-000 Retirement 687 02/08/2019 MUD Payroll 02/08/2019 Retirement 776 02/22/2019 MUD Payroll 02/22/2019 Retirement 11,925.20 1,309.86 13,235.06 PR 1,464.18 14,699.24 PR Account: 135-50020-030-000 Retirement Totals: 2,774.04 14,699.24 ** 41,148.00 Budgeted Account: 135-50026-030-000 Medical Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Medical Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Medical Insurance 26,448.76 Remaining 36 % Used 17,260.14 2,412.24 19,672.38 PR 2,412.18 22,084.56 PR Account: 135-50026-030-000 Medical Insurance Totals: 4,824.42 22,084.56 ** 81,895.00 Budgeted Account: 135-50027-030-000 Dental Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Dental Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Dental Insurance Account: 135-50027-030-000 59,810.44 Remaining 27 % Used 1,038.08 129.78 1,167.86 PR 129.74 1,297.60 PR Dental Insurance Totals: 259.52 1,297.60 ** 4,291.00 Budgeted 2,993.40 Remaining 30 % Used 201 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 33 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 30 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-50028-030-000 Vision Insurance 687 02/08/2019 MUD Payroll 02/08/2019 Vision Insurance 776 02/22/2019 MUD Payroll 02/22/2019 Vision Insurance 170.04 21.28 21.23 1 191.32 212.55 PR PR Account: 135-50028-030-000 Vision Insurance Totals: 42 5 ** Account: 135-50029-030-000 638 02/01/2019 February A/P 638 02/01/2019 February A/P 833 02/28/2019 February A/P 701.00 Budgeted Life Insurance & Other Employee Benefits Employee LTD & STD Caf 125 488.45 Remaining 30 % Used 1,154.62 147.56 1,302.18 Humana Inc 143.16 1,445.34 METLIFE GROUP BENEFITS 22.00 1,467.34 BenefitMall 4965 AP 4975 AP 5035 AP Account: 135-50029-030-000 Life Insurance & Other Totals: 312.72 1,467.34 ** 4,495.00 Budgeted 3,027.66 Remaining 33 8 Used Account: 135-50030-030-000 Social Security Taxes 687 02/08/2019 MUD Payroll 02/08/2019 Social Security Taxes 776 02/22/2019 MUD Payroll 02/22/2019 Social Security Taxes 6,799.79 837.62 7,637.41 PR 938.13 8,575.54 PR Account: 135-50030-030-000 Social Security Taxes Totals: 1,775.75 8,575.54 ** 27,580.00 Budgeted Account: 135-50035-030-000 Medicare Taxes 687 02/08/2019 MUD Payroll 02/08/2019 Medicare Taxes 776 02/22/2019 MUD Payroll 02/22/2019 Medicare Taxes 19,004.46 Remaining 31 % Used 1,590.27 195.90 1,786.17 PR 219.41 2,005.58 PR Account: 135-50035-030-000 Medicare Taxes Totals: 415.31 2,005.58 ** Account: 135-50040-030-000 687 02/08/2019 MUD Payroll 02/08/2019 776 02/22/2019 MUD Payroll 02/22/2019 6,450.00 Budgeted Unemployment Taxes Unemployment Taxes Unemployment Taxes 4,444.42 Remaining 31 % Used 509.31 180.50 689.81 PR 151.20 841.01 PR Account: 135-50040-030-000 Unemployment Taxes Totals: 331.70 841.01 ** 1,260.00 Budgeted Account: 135-50045-030-000 Workman's Compensation 129 02/01/2019 Insurance/Wrk Comp Expense Feb 418.99 Remaining 67 6 Used 426.20 106.55 202 of 256 532.75 GL glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund OE Number JE JE Date Description 841 02/12/2019 TML Refund W/C FY 18 Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 30 Administration Period Ending: 2/2019 Beginning Balance JE Detail Description/Comment Admin Portion of W/C Refund 426.20 Program: Transaction Detail (39.60) Page 34 March 18, 2019 Regular Meeting Agenda Packet Transaction Vendor_Name Detail (SUBTOTAL) 493.15 Check Source Number GL 774 774 774 872 872 872 872 02/18/2019 02/18/2019 02/18/2019 02/26/2019 02/26/2019 02/26/2019 02/26/2019 February A/P February A/P February A/P PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 Vision Annual License Internet -Feb Microsoft exchange internet internet internet Adobe Pro 36,781.68 943.20 903.72 504.00 110.13 51.75 42.02 32.45 37,724.88 38,628.60 39,132.60 39,242.73 39,294.48 39,336.50 39,368.95 STW INC Charter Communications M3 Networks ATT*BILL PAYMENT ATT*BILL PAYMENT ATT*BILL PAYMENT ADOBE *ACROPRO SUBS 5021 5009 5016 AP AP AP PC PC PC PC Account: 135-55030-030-000 Software & Support Totals: 2,587.27 39,368.95 ** Account: 135-50045-030-000 Workman's Compensation Totals: 77,849.00 Budgeted 38,480.05 Remaining 66.95 493.15 ** Account: 1,295.00 Budgeted 801.85 Remaining 38 % Used Account: 135-50060-030-000 Pre-emp Physicals/Testing 912 02/28/2019 February A/p 912 02/28/2019 February A/p GM February 2019 GM February 2019 48,410.62 6.54 9,760.00 48,417.16 58,177.16 Carman Consulting LLC. Carman Consulting LLC. AP AP 103.95 135-55070-030-000 .00 103.95 Account: 135-50060-030-000 Pre-emp Physicals/Testing Totals: .00 103.95 ** 33 % Used 500.00 Budgeted 396.05 Remaining 21 % Used Account: 135-55080-030-000 Maintenance 6 Repairs Account: 135-50070-030-000 Employee Relations 872 02/26/2019 PCard 1/29/2019 872 02/26/2019 PCard 1/29/2019 -2/26/2019 safety meeting -2/26/2019 Timis Going Away/safety meetin 2,883.23 33.36 36.98 2,916.59 2,953.57 KIM S DONUT SQU*SQ *CINNABOLIC-S0U PC PC Account: 135-50070-030-000 Employee Relations Totals: 70.34 2,953.57 ** 5,000.00 Budgeted 2,046.43 Remaining 59 % Used Account: 135-55030-030-000 Software & Support 774 774 774 872 872 872 872 02/18/2019 02/18/2019 02/18/2019 02/26/2019 02/26/2019 02/26/2019 02/26/2019 February A/P February A/P February A/P PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 Vision Annual License Internet -Feb Microsoft exchange internet internet internet Adobe Pro 36,781.68 943.20 903.72 504.00 110.13 51.75 42.02 32.45 37,724.88 38,628.60 39,132.60 39,242.73 39,294.48 39,336.50 39,368.95 STW INC Charter Communications M3 Networks ATT*BILL PAYMENT ATT*BILL PAYMENT ATT*BILL PAYMENT ADOBE *ACROPRO SUBS 5021 5009 5016 AP AP AP PC PC PC PC Account: 135-55030-030-000 Software & Support Totals: 2,587.27 39,368.95 ** 77,849.00 Budgeted 38,480.05 Remaining 51 % Used Account: 135-55070-030-000 Independent Labor 912 02/28/2019 February A/p 912 02/28/2019 February A/p GM February 2019 GM February 2019 48,410.62 6.54 9,760.00 48,417.16 58,177.16 Carman Consulting LLC. Carman Consulting LLC. AP AP Account: 135-55070-030-000 Independent Labor Totals: 9,766.54 58,177.16 ** 175,000.00 Budgeted 116,822.84 Remaining 33 % Used Account: 135-55080-030-000 Maintenance 6 Repairs 203 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 35 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 30 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) 774 02/18/2019 February A/P 788 02/20/2019 February A/P roof repair 795.00 3,350.00 heat repair 195.00 4,145.00 TK CONTRACTORS LLC 5026 AP 4,340.00 BRANDON R REED 5036 AP Account: 135-55080-030-000 Maintenance & Repairs Totals: 3,545.00 4,340.00 ** 20,000.00 Budgeted 15,660.00 Remaining 22 6 Used Account: 135-55085-030-000 Generator Maint. and Repair .00 .00 Account: 135-55085-030-000 Generator Maint. and Repair Totals: .00 .00 ** 10,000.00 Budgeted 10,000.00 Remaining Account: 135-55120-030-000 Cleaning Services 788 02/20/2019 February A/P Janitorial service -January 0 % Used 2,607.18 869.06 3,476.24 MEMBER'S BUILDING MAINTENANCE 5053 AP Account: 135-55120-030-000 Cleaning Services Totals: 869.06 3,476.24 ** 10,000.00 Budgeted 6,523.76 Remaining 35 % Used Account: 135-55160-030-000 Professional Outside Services Account: 135-55160-030-000 Professional Outside Services Totals: 66,055.00 Budgeted 6,850.00 Remaining Account: 135-55205-030-000 Utility Billing Contract 912 02/28/2019 February A/p Billings -Feb Account: 135-55205-030-000 Utility Billing Contract Totals: 9,000.00 Budgeted 6,095.61 Remaining Account: 135-60005-030-000 Telephone 663 02/01/2019 February A/P Answering service -February 872 02/26/2019 PCard 1/29/2019 -2/26/2019 phone 872 02/26/2019 PCard 1/29/2019 -2/26/2019 phone 872 02/26/2019 PCard 1/29/2019 -2/26/2019 phone 872 02/26/2019 PCard 1/29/2019 -2/26/2019 Answering service 880 02/28/2019 Town Billed Invoices 1676-1679 AR 20190228-20190228 User: 59,205.00 90 % Used .00 59,205.00 .00 59,205.00 ** 2,321.98 582.41 32 6 Used 2,904.39 DATAPROSE LLC AP 582.41 2,904.39 ** 6,028.82 194.75 6,223.57 KEYSTONE PARK SECRETARIAL 4968 AP 862.46 7,086.03 ATT*BUS PHONE PMT PC 461.43 7,547.46 ATT*BUS PHONE PMT PC 163.20 7,710.66 ATT*BILL PAYMENT PC 14.99 7,725.65 RINGCENTRAL, INC PC (180.00) 7,545.65 AR 204 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 30 Administration Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment Program: Page 36 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) Check Source Number 688 02/08/2019 Child Support Fee 774 02/18/2019 February A/P 779 02/22/2019 Child Support Fee 829 02/28/2019 Pace Credit Card Fees 829 02/28/2019 Pace Credit Card Fees 912 02/28/2019 February A/p service fees -Dig Tess Service fees -Dig Tess 23,023.78 205 of 256 1.50 199.50 1.50 5,119.15 90.81 199.50 23,025.28 23,224.78 23,226.28 28,345.43 28,436.24 28,635.74 GL Texas Excavation Safety System 5024 AP GL GL GL Texas Excavation Safety System AP Account: 135-60005-030-000 Telephone Totals: 1,516.83 7,545.65 ** 23,500.00 Budgeted 15,954.35 Remaining 32 % Used Account: 135-60010-030-000 Communications/Mobiles 774 02/18/2019 February A/P Cell phone -February 776 02/22/2019 MUD Payroll 02/22/2019 Communications/Mobiles 950.02 87.55 150.00 1,037.57 1,187.57 VERIZON WIRELESS 5030 AP PR Account: 135-60010-030-000 Communications/Mobiles Totals: 237.55 1,187.57 ** 4,000.00 Budgeted 2,812.43 Remaining 30 % Used Account: 135-60020-030-000 Electricity/Gas 1,490.11 .00 1,490.11 Account: 135-60020-030-000 Electricity/Gas ' Totals: .00 1,490.11 ** 8,690.00 Budgeted 7,199.89 Remaining 17 % Used Account: 135-60025-030-000 Niter 870 02/28/2019 February check run Water bill -February 880 02/28/2019 Town Billed Invoices 1676-1679 AR 20190228-20190228 User: 215.12 128.33 (64.16) 343.45 279.29 TROPHY CLUB MUD (WATER BILLS) 5084 AP AR Account: 135-60025-030-000 Water Totals: 64.17 279.29 ** 2,000.00 Budgeted 1,720.71 Remaining 14 8 Used Account: 135-60035-030-000 Postage 872 02/26/2019 PCard 1/29/2019 -2/26/2019 Halff TCEQ Paperwork 912 02/28/2019 February A/p Billings -Feb 6,675.30 33.88 1,640.30 6,709.18 8,349.48 FEDEX 31720411 DATAPROSE LLC PC AP Account: 135-60035-030-000 Postage Totals: 1,674.18 8,349.48 ** 30,000.00 Budgeted 21,650.52 Remaining 28 % Used Account: 135-60040-030-000 Service Charges & Fees 688 02/08/2019 Child Support Fee 774 02/18/2019 February A/P 779 02/22/2019 Child Support Fee 829 02/28/2019 Pace Credit Card Fees 829 02/28/2019 Pace Credit Card Fees 912 02/28/2019 February A/p service fees -Dig Tess Service fees -Dig Tess 23,023.78 205 of 256 1.50 199.50 1.50 5,119.15 90.81 199.50 23,025.28 23,224.78 23,226.28 28,345.43 28,436.24 28,635.74 GL Texas Excavation Safety System 5024 AP GL GL GL Texas Excavation Safety System AP glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description 912 02/28/2019 February A/p Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 30 Administration Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment Direct send fees Program: Page 37 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) 23,023.78 50.00 28,685.74 Fisery Solutions, LLC Check Source Number AP 206 of 256 Account: 135-60040-030-000 Service Charges & Fees Totals: 5,661.96 28,685.74 ** 55,560.00 Budgeted 26,874.26 Remaining 52 % Used Account: 135-60050-030-000 Bad Debt Expense .00 .00 Account: 135-60050-030-000 Bad Debt Expense Totals: .00 .00 ** 1,500.00 Budgeted 1,500.00 Remaining 0 % Used Account: 135-60055-030-000 Insurance 129 02/01/2019 Insurance/Wrk Comp Expense Feb 25,210.92 6,302.73 31,513.65 GL Account: 135-60055-030-000 Insurance ' Totals: 6,302.73 31,513.65 ** 65,000.00 Budgeted 33,486.35 Remaining 48 % Used Account: 135-60066-030-000 Publications/Books/Subscripts .00 .00 Account: 135-60066-030-000 Publications/Books/Subscripts Totals: .00 .00 ** 1,000.00 Budgeted 1,000.00 Remaining 0 % Used Account: 135-60070-030-000 Dues & Memberships 872 02/26/2019 PCard 1/29/2019 -2/26/2019 SHRM Membership- Desiree 872 02/26/2019 PCard 1/29/2019 -2/26/2019 Prime Membership 3,801.25 189.00 119.00 3,990.25 4,109.25 SHRM*MEMBER601001523 AMAZON PRIME PC PC Account: 135-60070-030-000 Dues & Memberships Totals: 308.00 4,109.25 ** 6,000.00 Budgeted 1,890.75 Remaining 68 % Used Account: 135-60075-030-000 Meetings .00 .00 Account: 135-60075-030-000 Meetings Totals: .00 .00 ** 400.00 Budgeted 400.00 Remaining 0 % Used Account: 135-60079-030-000 Public Education 206 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 30 Administration Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment Program: Page 38 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) .00 .00 Check Source Number 207 of 256 Account: 135-60079-030-000 Public Education Totals: .00 .00 ** 6,000.00 Budgeted 6,000.00 Remaining 0 % Used Account: 135-60080-030-000 Schools & Training 135.00 .00 135.00 Account: 135-60080-030-000 Schools & Training Totals: .00 135.00 ** 8,950.00 Budgeted 8,815.00 Remaining 2 % Used Account: 135-60100-030-000 Travel & per diem 833 02/28/2019 February A/P 912 02/28/2019 February A/p tolls Tolls to lab 6.00 2.70 6.00 8.70 NTTA NTTA 5056 AP AP Account: 135-60100-030-000 Travel & per diem Totals: 8.70 8.70 ** 4,345.00 Budgeted 4,336.30 Remaining 0 % Used Account: 135-60110-030-000 Physicals/Testing .00 .00 Account: 135-60110-030-000 Physicals/Testing Totals: .00 .00 ** 200.00 Budgeted 200.00 Remaining 0 % Used Account: 135-60125-030-000 Advertising .00 .00 Account: 135-60125-030-000 Advertising Totals: .00 .00 ** 25,000.00 Budgeted 25,000.00 Remaining 0 % Used Account: 135-60235-030-000 Security 833 02/28/2019 February A/P monitoring svc-Feb 96.00 24.00 120.00 Digital Air Control, Inc 5040 AP Account: 135-60235-030-000 Security Totals: 24.00 120.00 ** 1,288.00 Budgeted 1,168.00 Remaining 9 % Used Account: 135-60245-030-000 Miscellaneous Expenses 207 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 30 Administration Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment 124.49 Program: Page 39 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) .00 124.49 Check Source Number 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P ink and water ink cartridges printer -Carmen office supplies office supplies office supplies paper chair-steven 2,295.86 208 of 256 380.60 101.19 79.99 115.42 50.85 16.76 65.98 330.98 2,676.46 OFFICE DEPOT, INC 2,777.65 OFFICE DEPOT, INC 2,857.64 OFFICE DEPOT, INC 2,973.06 OFFICE DEPOT, INC 3,023.91 OFFICE DEPOT, INC 3,040.67 OFFICE DEPOT, INC 3,106.65 OFFICE DEPOT, INC 3,437.63 OFFICE DEPOT, INC 5018 AP 5018 AP 5018 AP 5018 AP 5018 AP 5018 AP 5018 AP 5018 AP Account: 135-60245-030-000 Miscellaneous Expenses Totals: .00 124.49 ** 500.00 Budgeted 375.51 Remaining 25 % Used Account: 135-60246-030-000 General Manager Contingency .00 .00 Account: 135-60246-030-000 General Manager Contingency Totals: .00 .00 ** 17,000.00 Budgeted 17,000.00 Remaining 0 % Used Account: 135-60360-030-000 Furniture/Equipment < $5000 .00 .00 Account: 135-60360-030-000 Furniture/Equipment < $5000 Totals: .00 .00 ** 2,500.00 Budgeted 2,500.00 Remaining 0 % Used Account: 135-65010-030-000 Uniforms ' .00 .00 Account: 135-65010-030-000 Uniforms Totals: .00 .00 ** 2,050.00 Budgeted 2,050.00 Remaining 0 % Used Account: 135-65055-030-000 Hardware ' 774 02/18/2019 February A/P laptop -Steven 1,246.49 1,779.32 3,025.81 M3 Networks 5016 AP Account: 135-65055-030-000 Hardware Totals: 1,779.32 3,025.81 ** 7,064.00 Budgeted 4,038.19 Remaining 43 % Used Account: 135-65085-030-000 Office Supplies 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P ink and water ink cartridges printer -Carmen office supplies office supplies office supplies paper chair-steven 2,295.86 208 of 256 380.60 101.19 79.99 115.42 50.85 16.76 65.98 330.98 2,676.46 OFFICE DEPOT, INC 2,777.65 OFFICE DEPOT, INC 2,857.64 OFFICE DEPOT, INC 2,973.06 OFFICE DEPOT, INC 3,023.91 OFFICE DEPOT, INC 3,040.67 OFFICE DEPOT, INC 3,106.65 OFFICE DEPOT, INC 3,437.63 OFFICE DEPOT, INC 5018 AP 5018 AP 5018 AP 5018 AP 5018 AP 5018 AP 5018 AP 5018 AP glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE Number JE Date 774 02/18/2019 872 02/26/2019 872 02/26/2019 872 02/26/2019 872 02/26/2019 872 02/26/2019 833 02/28/2019 833 02/28/2019 Account: 135-65085-030-000 Account: 135-65090-030-000 Account: 135-65090-030-000 JE Description February A/P PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 February A/P February A/P 1 Account: 135-65095-030-000 774 02/18/2019 February A/P 872 872 872 872 872 02/26/2019 02/26/2019 02/26/2019 02/26/2019 02/26/2019 833 02/28/2019 833 02/28/2019 Account: 135-65095-030-000 Account: 135-65105-030-000 Account: 135-65105-030-000 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 PCard 1/29/2019 February A/P February A/P Account: 135-69005-030-000 833 02/28/2019 February A/P - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 30 Administration Period Ending: 2/2019 JE Detail Beginning Balance Description/Comment office supplies folders rubber stamps Door Hanger Paper envelopes phone charger Label tape bookcase-bert Office Supplies 6,000.00 Budgeted Totals: 1,647.49 Remaining Printer Supplies & Maintenance Printer Supplies & Maintenance Totals: 3,500.00 Budgeted 3,500.00 Remaining Maintenance Supplies cups breakroom restock toilet brush water, towels coffee and popcorn coffee Petty cash reimbursement Petty cash reimbursement - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 - 2/26/2019 Maintenance Supplies Totals: 4,000.00 Budgeted 2,027.06 Remaining Printing Printing Totals: 2,500.00 Budgeted 2,500.00 Remaining Capital Outlays Security project -Adjustment fe 2,295.86 1,704.11 Program: Transaction Detail 421.53 27.46 176.39 39.26 29.80 16.99 49.47 153.98 73 9 Used O % Used 49 % Used O 6 Used 209 of 256 2,056.65 .00 .00 13.82 96.26 16.95 27.00 59.48 28.00 9.73 17.59 268.83 .00 .00 Page 40 March 18, 2019 Regular Meeting Agenda Packet Transaction Vendor_Name Detail (SUBTOTAL) 3,859.16 3,886.62 4,063.01 4,102.27 4,132.07 4,149.06 4,198.53 4,352.51 OFFICE DEPOT, INC OFFICE DEPOT #406 PACK N MAIL ZAPCO AMZN MKTP US*MB4R36DE2 AMZN MKTP US*MB4PE9502 OFFICE DEPOT, INC OFFICE DEPOT, INC 4,352.51 ** .00 .00 ** 1,717.93 1,814.19 1,831.14 1,858.14 1,917.62 1,945.62 1,955.35 1,972.94 OFFICE DEPOT, INC SAMSCLUB.COM AMZN MKTP US*MI6805XG0 SAMS CLUB #4795 AMZN MKTP US*MI3CC7JY0 AMZN MKTP US*MB8RLOKF1 TROPHY CLUB MUD PETTY CASH TROPHY CLUB MUD PETTY CASH 1,972.94 ** .00 .00 ** 493.00 493.00 3RD EYE SURVEILLANCE SYSTEMS Check Source Number 5018 AP PC PC PC PC PC 5057 AP 5057 AP 5018 AP PC PC PC PC PC 5062 AP 5062 AP 5032 AP glpdatb2 skrolczyk 18:02 03/13/19 Fund: 135 MUD 1 General Fund JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: 30 Administration Period Ending: 2/2019 JE Detail Description/Comment Program: Page 41 March 18, 2019 Regular Meeting Agenda Packet Beginning Transaction Transaction Vendor_Name Balance Detail Detail (SUBTOTAL) Check Source Number Department 30 Totals: 78,905.22 Monthly Total 461,212.67 ** 1,559,905.00 Budgeted 1,098,692.33 Remaining 30 % Used 210 of 256 Account: 135-69005-030-000 Capital Outlays Totals: 493.00 493.00 ** 280,000.00 Budgeted 279,507.00 Remaining 0 % Used Account: 135-69170-030-000 Copier Lease Installments 774 02/18/2019 833 02/28/2019 February A/P February A/P copier lease Copier lease-feb 1,111.80 194.00 101.97 1,305.80 1,407.77 TIAA COMMERCIAL KYOCERA DOCUMENT FINANCE SOLUTIONS 5025 5049 AP AP Account: 135-69170-030-000 Copier Lease Installments Totals: 295.97 1,407.77 ** 4,000.00 Budgeted 2,592.23 Remaining 35 % Used Department 30 Totals: 78,905.22 Monthly Total 461,212.67 ** 1,559,905.00 Budgeted 1,098,692.33 Remaining 30 % Used 210 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 42 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 135 MUD 1 General Fund Department: 39 Non Departmental Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 135-55045-039-000 774 02/18/2019 February A/P 774 02/18/2019 February A/P 774 02/18/2019 February A/P Account: 135-55045-039-000 Account: 135-55055-039-000 Account: 135-55055-039-000 Account: 135-55060-039-000 Account: 135-55060-039-000 Account: 135-55065-039-000 Account: 135-55065-039-000 Department 39 Totals: Fund 135 Totals: Legal Legal -Westlake easement legal legal Legal 137,000.00 Budgeted Auditing Auditing 30,800.00 Budgeted Appraisal Appraisal 11,714.00 Budgeted Tax Admin Fees Tax Admin Fees 4,800.00 Budgeted Totals: 84,351.58 Remaining Totals: 4,340.47 Remaining Totals: 6,990.78 Remaining 30,557.18 26,459.53 4,723.22 3,653.00 38 % Used 86 % Used 40 % Used Totals: 1,147.00 Remaining 76 5 Used 22,091.24 Monthly Total 184,314.00 Budgeted 11,111.24 9,930.00 1,050.00 22,091.24 .00 .00 .00 41,668.42 WHITAKER CHALK SWINDLE 51,598.42 McLean & Howard, L.L.P. 52,648.42 McLean & Howard, L.L.P. 52,648.42 ** 26,459.53 26,459.53 ** 4,723.22 .00 4,723.22 ** 5031 AP 5017 AP 5017 AP .00 3,653.00 .00 3,653.00 ** 87,484.17 ** 96,829.83 Remaining 47 % Used 396,634.95 76,500.16 Monthly Total (341,837.00) Budgeted (738,471.95) Remaining ########## 211 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 137 MUD 1 Consolidated GASB JE JE JE Number Date Description Department: JE Detail Description/Comment Trophy Club MUD No.1 Detailed Accounting Trial Balance Period Ending: 2/2019 Beginning Balance Program: Page 43 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) Check Source Number Department Totals: Fund 137 Totals: .00 Monthly Total .00 Monthly Total .00 Budgeted .00 Budgeted 212 of 256 (186,420.00) ** 186,420.00 Remaining 0 % Used (186,420.00) 186,420.00 Remaining 0 % Used Account: 137-49145-000-000 Intergov Transfer -General Fund (105,000.00) .00 (105,000.00) Account: 137-49145-000-000 Intergov Transfer -General Fund Totals: .00 (105,000.00) ** .00 Budgeted 105,000.00 Remaining 0 % Used Account: 137-49146-000-000 Intergov Transfer -Fire Dept (81,420.00) .00 (81,420.00) Account: 137-49146-000-000 Intergov Transfer -Fire Dept Totals: .00 (81,420.00) ** .00 Budgeted 81,420.00 Remaining 0 % Used Department Totals: Fund 137 Totals: .00 Monthly Total .00 Monthly Total .00 Budgeted .00 Budgeted 212 of 256 (186,420.00) ** 186,420.00 Remaining 0 % Used (186,420.00) 186,420.00 Remaining 0 % Used March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUD #1 - WWTP TAX BOND CONST BALANCE SHEET FEBRUARY 2019 ASSETS CASH IN BANK INVESTMENTS ACCOUNTS RECEIVABLE TOTAL ASSETS LIABILITIES AND FUND BALANCE LIABILITIES ACCOUNTS AND OTHER PAYABLES TOTAL LIABILITIES FUND BALANCE ASSIGNED FUND BALANCE NET REVENUES / EXPENDITURES TOTAL FUND BALANCE TOTAL LIABILITIES AND FUND BALANCE 213 of 256 TROPHY CLUB MUNICIPAL UTILITY DISTRICT 517 TAX BOND CONSTRUCTION 1,624,377 1,624, 377 (1,479,465) (144,913) (1,624,377) glbase_tbam skrolczyk Trophy Club MUD No.1 Page 14 18:02 03/13/19 Budget Summary with Amendment Fund: 517 2014 MUD 1 Tax Bond Const WWTP Department: Revenues Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 517-49010-000-000 Interest Income 7.29- 7.29 Subtotal: 7.29- 7.29 Program number: 7.29- 7.29 Department number: Revenues 7.29- 7.29 Revenues Subtotal 7.29- 7.29 214 of 256 glbase_tbam skrolczyk Trophy Club MUD No.l Page 15 18:02 03/13/19 Budget Summary with Amendment Fund: 517 2014 MUD 1 Tax Bond Const WWTP Department: 20 Wastewater Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 517-69005-020-000 Capital Outlays 28,697.15 144,920.08 144,920.08 - Subtotal: 28,697.15 144,920.08 144,920.08 - Program number: 28,697.15 144,920.08 144,920.08 - Department number: Wastewater 28,697.15 144,920.08 144,920.08 - Expenditures Subtotal 28,697.15 144,920.08 144,920.08 - Fund number: 517 2014 MUD 1 Tax Bond Const WWTP 28,697.15 144,912.79 144,912.79- 215 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 44 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 517 2014 MUD 1 Tax Bond Const WWTP Department: Revenues Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 517-49010-000-000 Interest Income Account: 517-49010-000-000 (7.29) .00 (7.29) Interest Income Totals: .00 (7.29) ** .00 Budgeted 7.29 Remaining 0 % Used Department Totals: (7.29) ** .00 Monthly Total .00 Budgeted 216 of 256 7.29 Remaining 0 % Used glpdatb2 skrolczyk Trophy Club MUD No.1 Page 45 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 517 2014 MUD 1 Tax Bond Const WWTP Department: 20 Wastewater Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 517-69005-020-000 Capital Outlays 788 02/20/2019 February A/P WWTP Improvements 116,222.93 25,300.00 141,522.93 WEBBER-CADAGUA PARTNERS 5064 AP 912 02/28/2019 February A/p WWTP improvements 3,397.15 144,920.08 WEBBER-CADAGUA PARTNERS AP Account: 517-69005-020-000 Capital Outlays Totals: 28,697.15 144,920.08 ** .00 Budgeted (144,920.08) Remaining 0 % Used Department 20 Totals: 144,920.08 ** 28,697.15 Monthly Total .00 Budgeted (144,920.08) Remaining 0 % Used Fund 517 Totals: 144,912.79 28,697.15 Monthly Total .00 Budgeted (144,912.79) Remaining 0 % Used 217 of 256 March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUD #1 - REVENUE BOND CONSTRUCTION NSII FORT WORTH- SWIFT FUNDING BALANCE SHEET FEBRUARY 2019 ASSETS CASH IN BANK CASH IN ESCROW INVESTMENTS ACCOUNTS RECEIVABLE TROPHY CLUB MUNICIPAL UTILITY DISTRICT 519 REVENUE BOND CONSTRUCTION 767,358 TOTAL ASSETS 767,358 LIABILITIES AND FUND BALANCE LIABILITIES ACCOUNTS AND OTHER PAYABLES 13,158 TOTAL LIABILITIES 13,158 FUND BALANCE ASSIGNED FUND BALANCE 754,200 NET REVENUES / EXPENDITURES TOTAL FUND BALANCE 754,200 TOTAL LIABILITIES AND FUND BALANCE 767,358 218 of 256 March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUD #1 - 16" WATERLINE REV BOND BALANCE SHEET FEBRUARY 2019 CASH IN BANK INVESTMENTS ACCOUNTS RECEIVABLE TROPHY CLUB MUNICIPAL UTILITY DISTRICT FUND 520 16" 2019 ASSETS REVENUE BOND 45,000 TOTAL ASSETS 45,000 LIABILITIES AND FUND BALANCE LIABILITIES ACCOUNTS AND OTHER PAYABLES 411,246 TOTAL LIABILITIES 411,246 FUND BALANCE ASSIGNED FUND BALANCE NET REVENUES / EXPENDITURES TOTAL FUND BALANCE TOTAL LIABILITIES AND FUND BALANCE 219 of 256 (366,246) (366,246) 45,000 March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUD #1 - REVENUE BOND RESERVE BALANCE SHEET FEBRUARY 2019 ASSETS CASH IN BANK INVESTMENTS ACCOUNTS RECEIVABLE 4 TROPHY CLUB MUNICIPAL UTILITY DISTRICT 528 REVENUE BOND RESERVE 688,126 TOTAL ASSETS 688,126 LIABILITIES AND FUND BALANCE LIABILITIES ACCOUNTS AND OTHER PAYABLES TOTAL LIABILITIES FUND BALANCE ASSIGNED FUND BALANCE NET REVENUES / EXPENDITURES TOTAL FUND BALANCE TOTAL LIABILITIES AND FUND BALANCE 220 of 256 606,910 81,216 688,126 688,126 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 528 2015 Revenue Bond Reserve Fund Department: Trophy Club MUD No.1 Page 16 Budget Summary with Amendment Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 528-49010-000-000 528-49142-000-000 528-49143-000-000 Subtotal: Program number: Department number: Revenues Interest Income Interfund transfer in -Water Interfund transfer in -WW Subtotal Fund number: 528 2015 Revenue Bond Reserve Fund 5,000.00- 5,000.00- 55,193.00- 55,193.00- 125,187.00- 125,187.00- 185,380.00- 185,380.00- 185,380.00- 185,380.00- 185,380.00- 185,380.00- 185,380.00- 185,380.00- 185,380.00- 185,380.00- 221 of 256 1,236.52- 6,056.01- 4,600.00- 23,000.00- 10,432.00- 52,160.00- 16,268.52- 81,216.01- 16,268.52- 81,216.01- 16,268.52- 81,216.01- 16,268.52- 81,216.01- 16,268.52- 81,216.01- 121.120 41.672 41.666 43.811 43.811 43.811 43.811 43.811 1,056.01 32,193.00- 73,027.00- 104,163.99- 104,163.99- 104,163.99- 104,163.99- 104,163.99- glpdatb2 skrolczyk 18:02 03/13/19 Fund: 528 2015 Revenue Bond Reserve Fund JE JE JE Number Date Description Department: JE Detail Description/Comment Account: 528-49010-000-000 Interest Income 868 02/28/2019 Bank Interest- February Account: 528-49010-000-000 Trophy Club MUD No.1 Page 46 Detailed Accounting Trial Balance Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Beginning Transaction Transaction Vendor_Name Check Source Balance Detail Detail Number (SUBTOTAL) Interest Income Totals: (5,000.00) Budgeted (4,819.49) (1,236.52) 1,056.01 Remaining 121 5 Used Account: 528-49142-000-000 Interfund transfer in -Water 828 02/28/2019 TexPool Transfers February TexPool O&M to Rev Bond Resevr Account: 528-49142-000-000 Interfund transfer in -Water Totals: (18,400.00) (55,193.00) Budgeted (32,193.00) Remaining Account: 528-49143-000-000 Interfund transfer in -WW 828 02/28/2019 TexPool Transfers February TexPool O&M to Rev Bond Resevr Account: 528-49143-000-000 Department Totals: Fund 528 Totals: (6,056.01) GL (1,236.52) (6,056.01) ** (4,600.00) (23,000.00) GL 42 % Used (41,728.00) Interfund transfer in -WW Totals: (125,187.00) Budgeted (73,027.00) Remaining (4,600.00) (23,000.00) ** (10,432.00) (52,160.00) GL 42 9 Used (16,268.52) Monthly Total (185,380.00) Budgeted (16,268.52) Monthly Total (185,380.00) Budgeted 222 of 256 (10,432.00) (52,160.00) ** (81,216.01) ** (104,163.99) Remaining 44 % Used (81,216.01) (104,163.99) Remaining 44 8 Used March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUD #1 - I&S (DEBT SERVICE) BALANCE SHEET FEBRUARY 2019 ASSETS CASH IN BANK INVESTMENTS PREPAID EXPENSES ADVALOREM PROPERTY TAXES RECEIVABLE ACCOUNTS RECEIVABLE -OTHER \4 TROPHY CLUB MUNICIPAL UTILITY (DISTRICT INTEREST & SINKING- 533 4,573 851,517 33,434 TOTAL ASSETS 889,524 LIABILITIES AND FUND BALANCE LIABILITIES DEFERRED REVENUE - AD VALOREM PROPERTY TAXES ACCOUNTS AND OTHER PAYABLES 33,434 TOTAL LIABILITIES 33,434 FUND BALANCE ASSIGNED FUND BALANCE NET REVENUES / EXPENDITURES 53,289 802,800 TOTAL FUND BALANCE 856,089 TOTAL LIABILITIES AND FUND BALANCE 889,524 223 of 256 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 533 MUD 1 I&S Consolidated Account Description 1 1 533-40000-000-000 1 533-40002-000-000 1 533-40015-000-000 Property Taxes Property Taxes/Delinquent Property Taxes/P & I Trophy Club MUD No.1 Budget Summary with Amendment Department: Revenues Program: Period Ending: 2/2019 Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget Page 17 March 18, 2019 Regular Meeting Agenda Packet 687,175.00- 1,800.00- 2,000.00- 687,175.00- 1,800.00- 2,000.00- 52,398.52- 790.04- 649.64- 661,480.81- 1,323.68- 834.50- 96.261 73.538 41.725 25,694.19- 476.32- 1,165.50 - Subtotal: 690,975.00- 690,975.00- 53,838.20- 663,638.99- 96.044 27,336.01- 533-49010-000-000 1 533-49015-000-000 Interest Income Lease/Rental Income 2,000.00- 215,979.00- 2,000.00- 215,979.00- 1,307.22- 215,979.00- 3,091.69- 215,979.00- 154.585 100.000 1,091.69 533-49141-000-000 Interfund Trans In -PID Surchg 120,053.00- 120,053.00- 10,913.90- 54,569.50- 45.455 65,483.50 - Subtotal: 338,032.00- 338,032.00- 228,200.12- 273,640.19- 80.951 64,391.81 - Program number: 1,029,007.00- 1,029,007.00- 282,038.32- 937,279.18- 91.086 91,727.82 - Department number: Revenues 1,029,007.00- 1,029,007.00- 282,038.32- 937,279.18- 91.086 91,727.82 - Revenues Subtotal 1,029,007.00- 1,029,007.00- 282,038.32- 937,279.18- 91.086 91,727.82- 224 of 256 glbase_tbam skrolczyk Trophy Club MUD No.1 Page 18 18:02 03/13/19 Budget Summary with Amendment Fund: 533 MUD 1 I&S Consolidated Department: 51 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 533-70005-051-000 Paying Agent Fee 2,150.00 2,150.00 533-70025-051-000 Bond Interest Expense -Tax 266,058.00 266,058.00 533-70035-051-000 Bond Principal Payment -Tax 755,000.00 755,000.00 Subtotal: 1,023,208.00 1,023,208.00 Program number: 1,023,208.00 1,023,208.00 Department number: Administration Expenditures Fund number: 533 MUD 1 I&S Consolidated Subtotal 1,023,208.00 1,023,208.00 1,023,208.00 1,023,208.00 5,799.00- 5,799.00- 225 of 256 1,450.00 1,450.00 133,028.75 133,028.75 134,478.75 134,478.75 134,478.75 134,478.75 134,478.75 134,478.75 134,478.75 134,478.75 147,559.57- 802,800.43- ############### 67.442 700.00 50.000 133,029.25 755,000.00 13.143 888,729.25 13.143 888,729.25 13.143 888,729.25 13.143 888,729.25 797,001.43 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 47 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 533 MUD 1 ISS Consolidated Department: Revenues Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 533-40000-000-000 Property Taxes 882 02/01/2019 Property Taxes 885 02/04/2019 Property Taxes 886 02/05/2019 Property Taxes 888 02/06/2019 Property Taxes 889 02/07/2019 Property Taxes 890 02/08/2019 Property Taxes 891 02/11/2019 Property Taxes 892 02/12/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 895 02/15/2019 Property Taxes 896 02/19/2019 Property Taxes 897 02/20/2019 Property Taxes 898 02/21/2019 Property Taxes 899 02/22/2019 Property Taxes 900 02/25/2019 Property Taxes 908 02/26/2019 Property Taxes 902 02/28/2019 Property Taxes (609,082.29) (5,616.64) (614,698.93) GL (6,544.00) (621,242.93) GL (11,827.31) (633,070.24) GL (8,486.39) (641,556.63) GL (13,410.71) (654,967.34) GL (334.50) (655,301.84) GL (36.70) (655,338.54) GL (377.41) (655,715.95) GL (844.33) (656,560.28) GL (141.05) (656,701.33) GL (151.07) (656,852.40) GL (4,116.50) (660,968.90) GL 230.31 (660,738.59) GL (188.84) (660,927.43) GL 109.41 (660,818.02) GL (158.71) (660,976.73) GL (444.73) (661,421.46) GL (59.35) (661,480.81) GL Account: 533-40000-000-000 Property Taxes Totals: (52,398.52) (661,480.81) ** (687,175.00) Budgeted (25,694.19) Remaining 96 % Used Account: 533-40002-000-000 Property Taxes/Delinquent 882 02/01/2019 Property Taxes 886 02/05/2019 Property Taxes 888 02/06/2019 Property Taxes 889 02/07/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 900 02/25/2019 Property Taxes 901 02/27/2019 Property Taxes 902 02/28/2019 Property Taxes (533.64) (.12) (533.76) GL (130.55) (664.31) GL (.33) (664.64) GL (4.74) (669.38) GL (.25) (669.63) GL 22.73 (646.90) GL (48.30) (695.20) GL (605.51) (1,300.71) GL (22.97) (1,323.68) GL Account: 533-40002-000-000 Property Taxes/Delinquent Totals: (790.04) (1,323.68) ** (1,800.00) Budgeted (476.32) Remaining 74 % Used Account: 533-40015-000-000 Property Taxes/P & I 882 02/01/2019 Property Taxes 885 02/04/2019 Property Taxes 886 02/05/2019 Property Taxes (184.86) (19.77) (204.63) GL (9.11) (213.74) GL (25.74) (239.48) GL 226 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 18:02 03/13/19 Detailed Accounting Trial Balance Page 48 Fund: 533 MUD 1 I&S Consolidated Department: Revenues Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) 888 02/06/2019 Property Taxes 889 02/07/2019 Property Taxes 890 02/08/2019 Property Taxes 891 02/11/2019 Property Taxes 892 02/12/2019 Property Taxes 893 02/13/2019 Property Taxes 894 02/14/2019 Property Taxes 895 02/15/2019 Property Taxes 896 02/19/2019 Property Taxes 898 02/21/2019 Property Taxes 900 02/25/2019 Property Taxes 908 02/26/2019 Property Taxes 901 02/27/2019 Property Taxes 902 02/28/2019 Property Taxes (184.86) (.04) (8.64) (21.44) (18.33) (26.43) (59.14) (9.87) (10.57) (288.16) (13.22) (23.19) (31.13) (34.70) (50.16) (239.52) (248.16) (269.60) (287.93) (314.36) (373.50) (383.37) (393.94) (682.10) (695.32) (718.51) (749.64) (784.34) (834.50) GL GL GL GL GL GL GL GL GL GL GL GL GL GL Account: 533-40015-000-000 Property Taxes/P & I Totals: (649.64) (834.50) ** (2,000.00) Budgeted (1,165.50) Remaining 42 % Used Account: 533-49010-000-000 Interest Income 868 02/28/2019 Bank Interest- February (1,784.47) (1,307.22) (3,091.69) GL Account: 533-49010-000-000 Interest Income Totals: (1,307.22) (3,091.69) ** (2,000.00) Budgeted 1,091.69 Remaining 155 % Used Account: 533-49015-000-000 Lease/Rental Income 832 02/28/2019 Fire Rent Transfer 2019 (215,979.00) (215,979.00) GL Account: 533-49015-000-000 Lease/Rental Income Totals: (215,979.00) (215,979.00) ** (215,979.00) Budgeted .00 Remaining 100 % Used Account: 533-49141-000-000 Interfund Trans In -PID Surchg 828 02/28/2019 TexPool Transfers February TexPool O&M to ISS- PID Debt (43,655.60) (10,913.90) (54,569.50) GL Account: 533-49141-000-000 Interfund Trans In -PID Surchg Totals: (10,913.90) (54,569.50) ** Department Totals: (120,053.00) Budgeted (282,038.32) Monthly Total (65,483.50) Remaining 45 % Used (937,279.18) ** (1,029,007.00) Budgeted (91,727.82) Remaining 91 % Used 227 of 256 glpdatb2 skrolczyk Trophy Club MUD No.1 Page 49 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 533 MUD 1 ISS Consolidated Department: 51 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 533-70005-051-000 Paying Agent Fee 796 02/22/2019 3/1/19 Bond Payments INTEREST BOKF Unl Tax Bond, 1TROP1214UT 200.00 200.00 GL 796 02/22/2019 3/1/19 Bond Payments INTEREST TCMUD-12 500.00 700.00 GL 796 02/22/2019 3/1/19 Bond Payments INTEREST TCMUD-10 750.00 1,450.00 GL Account: 533-70005-051-000 Paying Agent Fee Totals: 1,450.00 1,450.00 ** 2,150.00 Budgeted 700.00 Remaining 67 % Used Account: 533-70025-051-000 Bond Interest Expense -Tax 796 02/22/2019 3/1/19 Bond Payments INTEREST BOKF Unl Tax Bond, 1TROP1214UT 68,762.50 68,762.50 GL 796 02/22/2019 3/1/19 Bond Payments INTEREST BNY MELLON Unl Tax Series 2010 31,441.25 100,203.75 GL 796 02/22/2019 3/1/19 Bond Payments INTEREST BNYMELLON Unl Tax Ref Ser 2012 16,987.50 117,191.25 GL 796 02/22/2019 3/1/19 Bond Payments INTEREST BNYMELLON Unl Tax Ref Ser 2013 15,837.50 133,028.75 GL Account: 533-70025-051-000 Bond Interest Expense -Tax Totals: 266,058.00 Budgeted 133,029.25 Remaining Account: 533-70035-051-000 Bond Principal Payment -Tax Account: 533-70035-051-000 Department 51 Totals: Bond Principal Payment -Tax Totals: 755,000.00 Budgeted 755,000.00 Remaining 50 % Used 0 6 Used 133,028.75 133,028.75 ** .00 .00 .00 .00 ** 134,478.75 ** 134,478.75 Monthly Total 1,023,208.00 Budgeted 888,729.25 Remaining 13 % Used Fund 533 Totals: (802,800.43) (147,559.57) Monthly Total (5,799.00) Budgeted 797,001.43 Remaining ########## 228 of 256 March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUD #1 - REVENUE BOND I&S (WWTP) BALANCE SHEET FEBRUARY 2019 ASSETS CASH IN BANK INVESTMENTS ACCOUNTS RECEIVABLE 4 TROPHY CLUB MUNICIPAL UTILITY DISTRICT 534 REVENUE BOND I&S WWTP 183,691 TOTAL ASSETS 183,691 LIABILITIES AND FUND BALANCE LIABILITIES ACCOUNTS AND OTHER PAYABLES TOTAL LIABILITIES FUND BALANCE ASSIGNED FUND BALANCE NET REVENUES / EXPENDITURES TOTAL FUND BALANCE TOTAL LIABILITIES AND FUND BALANCE 229 of 256 19,562 164,129 183,691 183,691 glbase_tbam skrolczyk Trophy Club MUD No.l Page 19 18:02 03/13/19 Budget Summary with Amendment Fund: 534 2015 Revenue Bond I&S Department: Revenues Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 534-49010-000-000 Interest Income 1,000.00- 1,000.00- 390.02- 534-49143-000-000 Interfund Transfer In -WW Sales 596,238.00- 596,238.00- 54,203.45 - Subtotal: 597,238.00- 597,238.00- 54,593.47 - Program number: 597,238.00- 597,238.00- 54,593.47 - Department number: Revenues 597,238.00- 597,238.00- 54,593.47 - Revenues Subtotal 597,238.00- 597,238.00- 54,593.47- 230 of 256 1,230.95- 271,017.25- 272,248.20- 272,248.20- 272,248.20- 272,248.20- 123.095 230.95 45.455 325,220.75- 45.585 324,989.80- 45.585 324,989.80- 45.585 324,989.80- 45.585 324,989.80- glbase_tbam skrolczyk Trophy Club MUD No.1 Page 20 18:02 03/13/19 Budget Summary with Amendment Fund: 534 2015 Revenue Bond I&S Department: 51 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 Account Description Adopted Amended Total Current YTD % of Remaining Budget Budget Encumb. Month Total Budget Budget 534-70005-051-000 Rev Bond Paying Agent Fee 400.00 400.00 200.00 200.00 50.000 200.00 534-70040-051-000 Revenue Bond Interest Expense 215,838.00 215,838.00 107,918.75 107,918.75 50.000 107,919.25 534-70045-051-000 Revenue Bond Principal Expense 380,000.00 380,000.00 380,000.00 Subtotal: 596,238.00 596,238.00 108,118.75 108,118.75 18.133 488,119.25 Program number: 596,238.00 596,238.00 108,118.75 108,118.75 18.133 488,119.25 Department number: Administration 596,238.00 596,238.00 108,118.75 108,118.75 18.133 488,119.25 Expenditures Subtotal 596,238.00 596,238.00 108,118.75 108,118.75 18.133 488,119.25 Fund number: 534 2015 Revenue Bond I&S 1,000.00- 1,000.00- 53,525.28 164,129.45- ############### 163,129.45 231 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 534 2015 Revenue Bond I&S JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: Revenues Period Ending: 2/2019 Beginning Balance JE Detail Description/Comment Program: Page 50 March 18, 2019 Regular Meeting Agenda Packet Transaction Transaction Vendor_Name Detail Detail (SUBTOTAL) Check Source Number Department Totals: (596,238.00) Budgeted (54,593.47) Monthly Total (325,220.75) Remaining 45 % Used (597,238.00) Budgeted 232 of 256 (272,248.20) ** (324,989.80) Remaining 46 % Used Account: 534-49010-000-000 Interest Income 868 02/28/2019 Bank Interest- February (840.93) (390.02) (1,230.95) GL Account: 534-49010-000-000 Interest Income Totals: (390.02) (1,230.95) ** (1,000.00) Budgeted 230.95 Remaining 123 % Used Account: 534-49143-000-000 Interfund Transfer In -WW Sales 828 02/28/2019 TexPool Transfers February TexPool O&M to Rev Bd WWTP I&S (216,813.80) (54,203.45) (271,017.25) GL Account: 534-49143-000-000 Interfund Transfer In -WW Sales Totals: (54,203.45) (271,017.25) ** Department Totals: (596,238.00) Budgeted (54,593.47) Monthly Total (325,220.75) Remaining 45 % Used (597,238.00) Budgeted 232 of 256 (272,248.20) ** (324,989.80) Remaining 46 % Used glpdatb2 skrolczyk Trophy Club MUD No.1 Page 51 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 534 2015 Revenue Bond I&S Department: 51 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 534-70005-051-000 Rev Bond Paying Agent Fee 796 02/22/2019 3/1/19 Bond Payments INTEREST BOKF Rev Bond WWTP 1TROP215WSS Account: 534-70005-051-000 Rev Bond Paying Agent Fee Totals: 400.00 Budgeted 200.00 Remaining Account: 534-70040-051-000 Revenue Bond Interest Expense 796 02/22/2019 3/1/19 Bond Payments INTEREST BOKF Rev Bond WWTP 1TROP215WSS Account: 534-70040-051-000 Revenue Bond Interest Expense Totals: 215,838.00 Budgeted 107,919.25 Remaining 50 6 Used 200.00 200.00 GL 200.00 200.00 ** 107,918.75 107,918.75 GL 50 % Used 107,918.75 107,918.75 ** Account: 534-70045-051-000 Revenue Bond Principal Expense .00 .00 Account: 534-70045-051-000 Revenue Bond Principal Expense Totals: .00 .00 ** 380,000.00 Budgeted 380,000.00 Remaining 0 % Used Department 51 Totals: 108,118.75 ** 108,118.75 Monthly Total 596,238.00 Budgeted 488,119.25 Remaining 18 % Used Fund 534 Totals: (164,129.45) 53,525.28 Monthly Total (1,000.00) Budgeted 163,129.45 Remaining QQQQQQQ#66 233 of 256 March 18, 2019 Regular Meeting Agenda Packet TROPHY CLUB MUD #1 - SWIFT REVENUE BOND I&S BALANCE SHEET FEBRUARY 2019 ASSETS CASH IN BANK INVESTMENTS ACCOUNTS RECEIVABLE ikk SAP 'A TROPHY CLUB ` MUNICIPAL / UTILITY DISTRICT No. 1 535 NSII FTW SWIFT REVENUE BOND I&S 98,016 TOTAL ASSETS 98,016 LIABILITIES AND FUND BALANCE LIABILITIES ACCOUNTS AND OTHER PAYABLES TOTAL LIABILITIES FUND BALANCE ASSIGNED FUND BALANCE NET REVENUES / EXPENDITURES TOTAL FUND BALANCE 2,584 95,432 98,016 TOTAL LIABILITIES AND FUND BALANCE 98,016 234 of 256 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 535 2016 Rev Bond I&S-SWIFT Account 1 1 535-49010-000-000 1 Description Interest Income Trophy Club MUD No.1 Budget Summary with Amendment Department: Revenues Period Ending: 2/2019 Adopted Amended Total Budget Budget Encumb. 600.00- 600.00 - Current Month 177.96 - Program: YTD Total 518.89 - Page 21 March 18, 2019 Regular Meeting Agenda Packet % of Remaining Budget Budget 86.482 535-49142-000-000 Interfund Tran In -Water Sales 276,901.00- 276,901.00- 25,172.81- 125,864.05- 45.455 151,036.95 - Subtotal: 277,501.00- 277,501.00- 25,350.77- 126,382.94- 45.543 151,118.06 - Program number: 277,501.00- 277,501.00- 25,350.77- 126,382.94- 45.543 151,118.06 - Department number: Revenues 277,501.00- 277,501.00- 25,350.77- 126,382.94- 45.543 151,118.06 - Revenues Subtotal 277,501.00- 277,501.00- 25,350.77- 126,382.94- 45.543 151,118.06- 235 of 256 glbase_tbam skrolczyk 18:02 03/13/19 Fund: 535 2016 Rev Bond I&S-SWIFT Account 1 535-70005-051-000 Description Rev Bond Paying Agent Fee Trophy Club MUD No.1 Budget Summary with Amendment Department: 51 Administration Period Ending: 2/2019 Adopted Amended Total Budget Budget Encumb. 400.00 400.00 Current Month 200.00 Program: YTD Total 200.00 Page 22 March 18, 2019 Regular Meeting Agenda Packet % of Remaining Budget Budget 50.000 200.00 1 535-70040-051-000 535-70045-051-000 Revenue Bond Interest Expense Revenue Bond Principal Expense 61,501.00 215,000.00 61,501.00 215,000.00 30,750.50 30,750.50 50.000 30,750.50 215,000.00 Subtotal: 276,901.00 276,901.00 30,950.50 30,950.50 11.177 245,950.50 Program number: 276,901.00 276,901.00 30,950.50 30,950.50 11.177 245,950.50 Department number: Administration 276,901.00 276,901.00 30,950.50 30,950.50 11.177 245,950.50 Expenditures Subtotal 276,901.00 276,901.00 30,950.50 30,950.50 11.177 245,950.50 Fund number: 535 2016 Rev Bond I&S-SWIFT 600.00- 600.00- 5,599.73 95,432.44- ############### 94,832.44 ******* End of Report ********* 236 of 256 glpdatb2 skrolczyk 18:02 03/13/19 Fund: 535 2016 Rev Bond ISS -SWIFT JE JE JE Number Date Description Trophy Club MUD No.1 Detailed Accounting Trial Balance Department: Revenues Period Ending: 2/2019 JE Detail Description/Comment Program: Page 52 March 18, 2019 Regular Meeting Agenda Packet Beginning Transaction Transaction Vendor_Name Balance Detail Detail (SUBTOTAL) Check Source Number Department Totals: (25,350.77) Monthly Total (277,501.00) Budgeted 237 of 256 (126,382.94) ** (151,118.06) Remaining 46 % Used Account: 535-49010-000-000 Interest Income 868 02/28/2019 Bank Interest- February (340.93) (177.96) (518.89) GL Account: 535-49010-000-000 Interest Income Totals: (177.96) (518.89) ** (600.00) Budgeted (81.11) Remaining 86 % Used Account: 535-49142-000-000 Interfund Tran In -Water Sales 828 02/28/2019 TexPool Transfers February TexPool O&M to 16Swift Rev ISS (100,691.24) (25,172.81) (125,864.05) GL Account: 535-49142-000-000 Interfund Tran In -Water Sales Totals: (25,172.81) (125,864.05) ** (276,901.00) Budgeted (151,036.95) Remaining 45 % Used Department Totals: (25,350.77) Monthly Total (277,501.00) Budgeted 237 of 256 (126,382.94) ** (151,118.06) Remaining 46 % Used glpdatb2 skrolczyk Trophy Club MUD No.1 Page 53 18:02 03/13/19 Detailed Accounting Trial Balance Fund: 535 2016 Rev Bond IBS -SWIFT Department: 51 Administration Program: March 18, 2019 Regular Meeting Agenda Packet Period Ending: 2/2019 JE JE JE JE Detail Beginning Transaction Transaction Vendor_Name Check Source Number Date Description Description/Comment Balance Detail Detail Number (SUBTOTAL) Account: 535-70005-051-000 Rev Bond Paying Agent Fee 796 02/22/2019 3/1/19 Bond Payments INTEREST BOKF SWIFT 1TROP1116WSS Account: 535-70005-051-000 Rev Bond Paying Agent Fee Totals: 400.00 Budgeted 200.00 Remaining Account: 535-70040-051-000 Revenue Bond Interest Expense 796 02/22/2019 3/1/19 Bond Payments INTEREST BOKF SWIFT 1TROP1116WSS Account: 535-70040-051-000 Revenue Bond Interest Expense Totals: 61,501.00 Budgeted 30,750.50 Remaining 50 % Used 200.00 200.00 GL 200.00 200.00 ** 30,750.50 30,750.50 GL 50 % Used 30,750.50 30,750.50 ** Account: 535-70045-051-000 Revenue Bond Principal Expense .00 .00 Account: 535-70045-051-000 Revenue Bond Principal Expense Totals: .00 .00 ** Department 51 Totals: Fund 535 Totals: Grand Totals: 215,000.00 Budgeted 215,000.00 Remaining 0 % Used 30,950.50 ** 30,950.50 Monthly Total 276,901.00 Budgeted 245,950.50 Remaining 11 % Used 5,599.73 Monthly Total (95,432.44) (600.00) Budgeted 94,832.44 Remaining 8888888888 185,611.16 Monthly Total ******* End of Report ********* (1,155,026.45) **** (534,616.00) Budgeted 620,410.45 Remaining 216 % Used 238 of 256 BUDGET VARIANCE FUND: FINANCIALS MONTH: REVENUE VARIANCE: EXPENSE VARIANCE: NOTE: ACCOUNT FIRE REVENUES 122-40010 122-40011 122-40020 FIRE EXPENSES 122-60030-045 March 18, 2019 Regular Meeting Agenda Packet REPORT 122 - Fire O&M February 2019 33.2% 51.5% Explanation provided for all accounts with a Year -To -Date percentage (YTD%) less than the Revenue Variance and greater than or equal to the Expense Variance. The Revenue and Expense Variance is calculated on a straight-line method (Financials Month x 8.3%), less 8.3% for revenues and plus 10% for expenses. Only accounts with current month activity will be listed DESCRIPTION Property Taxes/Mud Fire Property Taxes/Fire - Delinquent Property Taxes/Fire P&I TOTAL CURRENT YTD BUDGET MONTH TOTAL $1,117,000 $85,164 $1,075,106 $1,267 $1,933 $2,127 $2,562 YTD % DATE OF COMMENT 96.25% 10/2018 Property Taxes/MUD Fire 10/2018 Delinquent Fire Taxes collected 10/2018 Fire Taxes Penalties & Interest collected VARIANCE EXPLANATION Rent And/Or Usage $215,979 $215,979 $215,979 100.00% 02/2019 Annual Transfer for Rent 239 of 256 BUDGET VARIANCE FUND: FINANCIALS MONTH: REVENUE VARIANCE: EXPENSE VARIANCE: NOTE: ACCOUNT REVENUE 135-47000-000 135-47025-000 135-49075-000 'EXPENSES WATER 1135-50040-010 135-69005-030 'WASTEWATER 1135-50040-020 135-55080-020 135-55105-020 1135-55135-020 1135-65040-020 135-69005-020 BOARD OF DIRECTORS 'ADMINISTRATION 135-50040-030 135-50070-030 135-60040-030 135-60070-030 135-65085-030 Non -Departmental REPORT 135 - MUD 1 O&M February 2019 33.2% 51.5% Explanation provided for all accounts with a Year -To -Date percentage (YTD%) Expense Variance. The Revenue and Expense Variance is calculated on a revenues and plus 10% for expenses. Only accounts with current month activ DESCRIPTION TOTAL CURRENT YTD March 18, 2019 Regular Meeting Agenda Packet less than the Revenue Variance and greater than or equal to the straight-line method (Financials Month x 8.3%), less 8.3% for ity will be listed YTD % DATE OF VARIANCE EXPLANATION COMMENT Water Penalties Oversize Meter Reimbursment Unemployment Taxes BUDGET MONTH TOTAL $6,599,484 $136,418 $18,522 $289,939 $1,471,119 $8,344 $42,657 $2,401 $4,116 $1,080 286 710 Capital Outlays $453,000 $207,620 $360,310 Unemployment Taxes Maitenance & Repairs Maintenance-Backhoe/Skidloader Lab Analysis Safety Equpiment Capital Outlays Unemployment Taxes Employee Relations Service Charges & Fees Dues & Memberships Office Supplies 22.29% 10/2018 Water Sales 31.27% 02/2019 Penalties 22.22% 02/2019 Oversize Meter Reimbursment 65.72% 02/2019 Unemployment Taxes 79.54% 02/2019 Quality Excavation, Rey -Mar, Halff (16in Waterline) $1,260 $415 $947 75.17% 02/2019 $88,000 $50,419 $72,955 82.90% 02/2019 $1,500 $5,147 $6,680 445.33% 02/2019 $35,000 $3,673 $19,999 57.14% 01/2019 $1,200 $252 $1,096 91.31% 01/2019 $330,000 $38,648 $444,529 134.71% 01/2019 $1,260 $332 $841 66.75% 02/2019 $5,000 $70 $2,954 59.07% 02/2019 $55,560 $5,662 $28,686 51.63% 02/2019 $6,000 $308 $4,109 68.49% 02/2019 $6.000 $2,057 $4,353 72.54% 02/2019 240 of 256 Unemployment Taxes Rey -Mar, CP&Y (Exposed Pipeline), United Rentals (Pump) Backhoe Maintenance, Trackhoe Repair Oxidor Labs -Soil & Effluent Testing, Mats, Safety Supplies Vaccon Truck Purchase (Carry Over from FY 18) Unemployment Taxes Safety Meeting Breakfast Pace Credit Cards Fees SHRM & Amazon Prime Membership Printer, Ink, Chair, office supplies March 18, 2019 Regular Meeting Agenda Packet Trophy Club Municipal Utility District No. 1 Date: 3/18/2019 To: Board of Directors From: John Robert Carman Subject: General Manager's Report Regulatory Updates Sanitary Sewer Overflows (SSO) — No SSO's have occurred since the Board meeting Breaks and Leaks — No leaks or breaks requiring reporting to TCEQ have been reported sing the last Board meeting. System Repairs On Monday, March 11 2019, a leak at 105 Silver Rock was reported to the General Manager. 6.726 724 722 720 118 716 11.4 7, 1 S LVPR ROCi< DR. 719 777 775 773 777 10:9107/ 1 705 772 L'78 176 ROLL /727 779 177 770 708 03 774 772 770 708 /06 \G ROCK DR. 775 71,31111 ?�? L50J 706 704 701 70z 99 97 The basic process for repairing a leak is to excavate around the leaking infrastructure, close the nearest isolation valves to the leak and make the repair. In this case, the isolation valves are at McKenzie and Durango on each end of Silver Rock. To excavate around a leak like this one, our team uses vacuum excavation techniques. As water and soil is removed from around the leaking 241 of 256 March 18, 2019 Regular Meeting Agenda Packet infrastructure, and the vacuum excavation vehicle becomes full, the truck goes to the wastewater plant to empty its contents (water and soil) and then returns to the site. er Rock Drive i'7) hero Su:r'„ - , P. Bar on.rokr. Tom Thumb Bank m nmdrtca Flnanctul Crctcr N oh. yP4 t7 n Quorum Townhomes 9 5653 Indian Creek Drive 0 Trophy Club Country Club Harmony Park I rrtplty 13 min SA roles First Financial BBard,on Ln:rmaFire rdni,an 9 9 ©Trophy Club O Clock Tower 7 Elevon • Rp AbRtoy rkrrarr earia Vlnryards ub Baylor Scar' 4 c Once the hole surrounding the leak was excavated at 105 Silver Rock and the isolation valves were closed, approximately 30 homes were out of water until the repair was made. In this case, the main was PVC and the leaking service line was a 1.5 inch copper service line. This was an unusual size of service line, so the team had to go back to the shop to get the right sized saddle and parts. 242 of 256 March 18, 2019 Regular Meeting Agenda Packet As the picture shows, the service line was bent right into the saddle connection. Typically, we would cut the service line back to a clean and straight section that can be cut squarely, splice in a piece, and reconnect it to a new saddle. In this case, finding a round a section was challenging due to the extensive corrosion and bent nature of the installation. 243 of 256 March 18, 2019 Regular Meeting Agenda Packet At the end of this installation, our team did not take pictures before turning the system back into service. At that time we had kept our customers out of water for far longer than anticipated because the leak in the service line to main connection was severe and the service line itself was in poor condition. Below is a picture not taken from the job on Silver Rock, but it does show what the finish product looks like. c. �v 1 •a�.YJ i Once the repair was made and the system re -pressurized, it was discovered that the service line was leaking in other places under the road. The remainder of the service will be replaced prior to the Board meeting on March 18 2019. Staff anticipates that the other services on this road will also be in similar condition. The detail presented here is provided to the Board as we (the staff) have received a complaint about our service in responding to this repair, and suspect that others have been posted on social media which we do not monitor. The complaint itself is included verbatim here in italics, without the detail identifying the source of the complaint: COMMENTS: I would like to file a compliant about the how long it is taken to repair the water main break. We receive no notification that the water was going to be off. At 5:30pm, I was cleaning dinner dishes and the water shuts off. Went outside and guy told us the it would be back on in an hour. I drive down there to ask and no one was at the site working on the water break. I called and reported. I received a call back and the guy said it would be 1-2 hours more. 1 told him that I drove down there and no one was there working. He informed me that they were emptying out the truck. I asked how many people were on the job and he advise 3 or 4 people. I said it takes that many people to empty a truck. Why was there no one working on fixing the line so we could have water. Apparently, he was not very happy with my comment. Stands to reason that you divide and conquer when you have a break in the line. Very disappointed on the service 244 of 256 March 18, 2019 Regular Meeting Agenda Packet repair and the length of time that it is taking to fix. We pay very high price for water usage and I expect to have first rate service when there is a problem that needs repair. MUD has cost TC residents a lot of money over the years and we still have service issues not properly being repaired in a timely or efficient manner. While the staff does not necessarily agree with the all the positions articulated by this affected citizen, it does appear to be an honest perspective on our service improvement possibilities and we understand how distant observers might draw some of these conclusions. On this day, 4 of the 17 total TCMUD staff members were working on overtime to resolve this problem. It is clear that one of the biggest problems for the team in terms of timely response was related to the fact that the only place we could put the excavated material from the hydro excavation (water and soil) was at the wastewater treatment facility. This made a round trip to discharge the truck about 45 minutes departure to getting back to the job site. Capital Improvement Projects Interconnecting Pipeline Project Phase 2 — Review of easement widths by the Town Engineer has been completed and procurement of easements is underway. WWTP — Substantial completion has been granted to the contractor with the exception the overhead crane serving basins 3 through 6. The contractor is working through the three page listing of outstanding items presented to them by the engineer. The engineer and contractor are also trying to close out previous change orders and information requests that had not been completed. High Service Pump Station Improvements —The Board approved this project to move forward in the January 2019 Board meeting. The contract documents, plans and specifications books have been prepared and delivered to the owner and the contractor. Notice to proceed has been issued, and the project officially started on March 4, 2019. Substantial completion is expected in 180 days. Fire Department Summary During the month of February the Fire Department responded to 59 calls for emergency service; 15 fire calls and 44 EMS calls including one structure fire in Roanoke and a grass fire in Trophy Club Park. The department participated in over 200 hours of training in various EMS and fire/rescue subjects. Public education has slowed during the month of February but we are already preparing for classes this spring. FM Cochran and FF Stockstrom are working on training material to be taught during several Town of Trophy Club Parks and Recreation events, the Emergency Preparedness Summit and to some of our local businesses so you should see our public contact numbers increase over the next several months. In the Fire Marshal's Office; FM Cochran is still working with the ATF, DEA on the fire 245 of 256 March 18, 2019 Regular Meeting Agenda Packet investigation. Although this is taking time away from his normal weekly duties (over 24 hours dedicated this month) we are committed to the oversite of new construction projects in town and FM Cochran has already stopped construction several times finding while life safety and agreed upon plan changes were corrected. 8 inspections were completed in February finding 18 life safety violations. The Fire Marshal participated in 15 construction site visits and contractor meeting during the month. Chief Carroll has been working on finalizing our both individual and company evolutions that will test skills proficiencies on a more regular basis. He is also working with several other team members on the lesson preparation and scheduling of our live fire training exercises that will occur in May. 246 of 256 FY 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 October 63,730 39,794 70,502 85,869 85,488 82,660 90,994 108,951 74,785 83,228 November 48,170 39,713 50,909 53,571 75,251 48,813 58,986 41,936 68,638 69,099 December 35,215 29,547 44,365 40,815 48,527 34,482 49,607 39,028 38,580 48,144 January 35,759 30,305 35,983 30,616 39,601 39,767 36,162 39,622 33,028 34,592 March 18, 2019 Regular Meeting Agenda Packet Monthly Water Operations Report February 32,240 25,328 27,845 31,665 34,450 37,085 38,776 44,551 38,380 40,658 Water Billed April 46,151 41,646 69,165 47,194 56,947 66,337 46,543 55,181 56,683 60,079 March 39,331 23,279 55,972 35,263 43,137 54,794 30,566 49,498 60,841 43,411 May 37,382 53,439 61,467 84,905 76,542 84,384 39,576 50,827 86,794 89,802 June 56,370 102,921 99,326 114,104 85,312 99,240 60,731 65,390 98,864 118,899 July 125,089 89,760 117,707 137,174 110,072 92,913 100,622 115,687 95,355 126,588 August 91,724 128,687 170,464 144,573 130,945 113,135 139,441 119,611 104,303 125,531 September 79,137 82,331 123,692 108,622 114,497 110,873 123,886 98,945 99,541 73,735 Total Year 690,298 686,750 927,397 914,371 900,769 864,483 815,890 829,227 855,792 913,766 1 47,193 1 41,933 1 36,244 1 34,604 1 33,740 1 1 1 ■ 1 1 1 1 1 193,7141 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 WATER BILLED IN THOUSANDS OF GALLONS 0 ary March April - 2015 - 2016 - 2017 2018 - 2019 Water Pumped FY October November December January February March April May June July August September Total Year 2009 65,110 48,570 36,411 36,587 36,385 44,120 48,881 38,250 66,450 116,823 94,525 81,500 713,612 2010 40,803 41,600 32,700 31,400 30,145 27,240 43,400 62,646 113,049 94,950 131,650 76,159 725,742 2011 70,502 50,993 44,220 33,789 36,053 54,775 71,306 63,500 116,350 152,002 169,621 117,190 980,301 2012 83,750 54,245 41,650 34,740 31,581 46,519 62,649 100,402 110,324 153,813 139,005 123,045 981,723 2013 85,966 77,758 55,110 39,283 37,867 56,743 60,969 87,168 96,602 119,414 145,988 120,342 983,210 2014 81,909 51,769 39,769 48,758 42,395 61,100 71,283 96,481 95,206 110,173 123,369 115,607 937,819 2015 106,251 67,825 58,659 45,691 39,675 35,752 56,704 48,637 72,934 117,302 143,413 142,394 935,237 2016 106,731 52,616 43,708 46,945 50,721 55,178 60,434 55,562 68,138 112,533 128,963 104,664 886,193 2017 82,677 77,937 43,792 43,207 43,024 69,549 65,723 94,452 103,867 101,184 114,872 109,769 950,053 2018 91,439 78,282 55,745 40,796 40,750 51,711 67,217 97,980 124,109 155,354 144,015 85,946 1,033,344 2019 1 60,576 1 53,119 1 45,651 1 45,552 1 39,014 1 1 1 1 1 1 1 1 243,9121 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 WATER PUMPED IN THOUSANDS OF GALLONS Y J October November December January February March Apri ne - 2015 2016 - 2017 2018 - 2019 Active Connections FY October November December January February March April May June July August September 21 4157 4173 4206 4209 4219 4240 4268 4280 4308 4333 4339 jil 2015014 TotaTotal 4139 4353 4363 4377 4404 4413 4429 4443 4459 4478 4486 4498 4517 2015 MUD 3083 3087 3095 3119 3120 3122 3123 3128 3133 3134 3137 3149 2015 PID 1270 1276 1282 1285 1293 1307 1320 1331 1345 1352 1361 1368 2016 Total 4531 4538 4556 4568 4593 4604 4607 4616 4622 4627 4632 4636 2016 MUD 3155 3158 3167 3172 3176 3181 3183 3186 3188 3192 3196 3200 2016 PID 1376 1380 1389 1396 1417 1423 1424 1430 1434 1435 1436 1436 2017 Total 4644 4647 4661 4657 4663 4666 4670 4676 4685 4690 4696 4700 2017 MUD 3208 3210 3220 3216 3221 3224 3228 3234 3242 3247 3252 3256 2017 PID 1436 1437 1441 1441 1442 1442 1442 1442 1443 1443 1444 1444 2018 Total 4701 4706 4712 4716 4720 4724 4724 4728 4732 4735 4736 4738 2018 MUD 3257 3262 3268 3272 3276 3280 3280 3284 3288 3291 3292 3294 2018 PID 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444 2019Tota I 4741 4743 4745 4753 4753 2019 MUD 3297 3299 3301 3309 3309 2019 PID 1444 1444 1444 1444 1444 247 of 256 March 18, 2019 Regular Meeting Agenda Packet February 2019 Results Date Ammonia -N % Removal CBOD5 TSS % Removal % Removal Influent Effluent Influent Effluent Influent Effluent 4 -Feb 49.5 0.37 99.3% 217 2.0 99.1% 230 1.0 99.6% 5 -Feb 49 0.2 99.6% 218 3.0 98.6% 242 1.0 99.6% 11 -Feb 45 0.20 99.6% 275 2.0 99.3% 258 1.0 99.6% 12 -Feb 45.0 0.20 99.6% 361 2.0 99.4% 284 1.0 99.6% 19 -Feb 52.5 0.78 98.5% 231 2.0 99.1% 275 1.0 99.6% 20 -Feb 47.5 1.70 96.4% 160 2.0 98.8% 242 1.0 99.6% 25 -Feb 45.0 0.20 99.6% 205 2.0 99.0% 174 1.0 99.4% 26 -Feb 49.5 0.20 99.6% 249 2.0 99.2% 280 1.0 99.6% IReport Ammonia -N 0.48 1 99.0% CBOD5 2.1 1 99.1% 248 of 256 1.0 TSS 1 99.6% i 3.50 3.00 2.50 2.00 1.50 1.00 0.50 0.00 6.00 5.00 4.00 3.00 2.00 1.00 0.00 March 18, 2019 Regular Meeting Agenda Packet Ammonia Nitrogen Permit Limit 3 (Jan - March) Permit Limit 3 (Sept. - Dec.) 0.48 0.30 0.210.21 0.2 0.21 , ■ Permit Limit - 1 from April - August Dec -18 Jan -19 Feb -19 Mar -19 Apr -19 May -19 Jun -19 Jul -19 Max mg/L = .48 Average mg/L =.30 Aug -19 Carbonaceous Biochemical Demand (CBOD5) Sep -19 Oct -19 Nov -19 Dec -19 2.00 2.00 11 2.00 2.00 2.13 2.04 11 Permit Limit 5 Dec -18 Jan -19 Feb -19 Mar -19 Apr -19 May -19 Jun -19 Jul -19 Max mg/L = 2.13 Average mg/L = 2.04 249 of 256 Aug -19 Sep -19 Oct -19 Nov -19 Dec -19 - Nh3 - Nh3 Ave Permit Limit i Bod BOD Ave Permit Limit 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 March 18, 2019 Regular Meeting Agenda Packet Total Suspended Solids (TSS) Permit Limit 12 1.0 1.0 1.0 1.0 1.0 1.0 -- -- -- Dec-18 Jan -19 Feb -19 Mar -19 Apr -19 May -19 Jun -19 Jul -19 Aug -19 Max mg/L = 1.0 Average mg/L = 1.0 Nitrate - Nitrogen Sep -19 Oct -19 Nov -19 Dec -19 Permit Limit 24 5.8 5.3 5.5 5.3 4.6 5.3 IM 11 11 Dec -18 Jan -19 Feb -19 Mar -19 Apr -19 May -19 Jun -19 Jul -19 Max mg/L = 5.8 Average = 5.3 250 of 256 Aug -19 Sep -19 Oct -19 Nov -19 Dec -19 11.155 - TSS Ave - Permit Limit - N -N N -N Aver - Permit Limit 10 9 8 7 6 5 4 3 2 1 0 10.0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 March 18, 2019 Regular Meeting Agenda Packet E. Coli Permit Limit 126 1.0 1.0 1.0 1.0 MI 1.0 1.0 Dec -18 Jan -19 Feb -19 Mar -19 Apr -19 May -19 Jun -19 Jul -19 Aug -19 Max mg/L = 1.0 Average mg/L = 1.0 Potential for Hydrogen (pH) Sep -19 Oct -19 Nov -19 Dec -19 Permit Limit High 9 11'111 111 Permit Limit Low 6 Dec -18 Jan -19 Feb -19 Mar -19 Apr -19 May -19 Jun -19 Jul -19 Aug -19 Max mg/L = 7.61 Min mg/L = 7.1 Average mg/L = 7.36 251 of 256 Sep -19 Oct -19 Nov -19 Dec -19 ■ E. Coli ■ E. Coli Ave. ■ Permit Limit pH Min pH Max pH Aver -Permit Limit Low -Permit Limit High 10 9 8 7 6 5 4 3 2 1 0 March 18, 2019 Regular Meeting Agenda Packet Dissolved Oxygen (DO) Permit Limit Max 9 8.1 8.1 8.0 8.15 8.08 ill Permit Limit Min 6 Dec -18 Jan -19 Feb -19 Mar -19 Apr -19 May -19 Jun -19 Jul -19 Aug -19 Max mg/L = 8.15 Average mg/L = 8.08 252 of 256 Sep -19 Oct -19 Nov -19 Dec -19 DO DO Aver - Permit Limit Min. - Permit Limit Max ebills Bills Mailed Bank Draft Credit Card Draft Online Payments Late Notices Disconnects M Connections P ebills Bills Mailed Bank Draft Credit Card Draft Online Payments Late Notices Disconnects Connections March 18, 2019 Regular Meeting Agenda Packet Trophy Club MUD 61 Utility Billing Report Fiscal Year 2019 October November December January February March April May June July August September 870 867 868 883 885 3921 3921 3927 3903 3856 650 650 660 664 661 1077 1109 1103 1114 1128 1157 1130 1,124 1,149 1,111 402 432 439 387 431 29 22 33 28 27 3297 3299 3301 3309 3309 1444 1444 1444 1444 1444 Fiscal Year 2018 October November December January February March April May June July August September 796 828 829 834 839 844 841 849 848 851 860 865 3906 3900 3912 3911 3908 3913 3921 3935 3956 3946 3948 3929 631 623 639 653 657 656 655 654 660 651 654 653 1018 1020 1026 1033 1042 1056 1054 1056 1067 1068 1061 1076 1037 1079 1,072 1,065 1,086 1,097 1,019 1,080 1,084 1128 1130 1102 391 420 457 362 424 407 299 355 413 352 427 438 25 27 27 25 22 27 24 17 20 20 16 30 M 3257 3262 3268 3272 3276 3280 3280 3284 3288 3291 3292 3294 P 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444 1444 253 of 256 March 18, 2019 Regular Meeting Agenda Packet MUD Permits Month: January 2019 Plumbing Sewer Date of Customer Deposit Due to FW Water 135- Inspections 135- Inspections 135 - Permit Permit No. 135-25030 20500 Oversize Meter 135-49075 47035 47045 Fire Line 135-49900 2/22/2019 2019-06 $ 75.00 $ 1,173.00 $ 343.00 $ 150.00 $ 50.00 2/22/2019 2019-07 $ 75.00 $ 1,173.00 $ 343.00 $ 150.00 $ 50.00 2/25/2019 2019-08 $ 75.00 $ 1,173.00 $ 343.00 Misc Income 135-49900 Total $800 $ 2,591.00 $ 1,791.00 $ 4,200.00 $ 5,791.00 Total $ 225.00 $ 3,519.00 $ 1,029.00 $ 300.00 $ 100.00 $ $ 4,200.00 $ 10,173.00 254 of 256 CASH STATUS AS OF FEBRUARY 2019 135-10250 TexPool 0 & M (XXXXX0002)-General Fund Operating *** 135-10300 Prosperity Bank (XXX8701) General Fund Operating 135-10305 Prosperity Bank Reserve -Savings Acct (XXXXX7724) 135-11100 Petty Cash Administration 135-11150 Petty Cash Utility Billing 137-10250 TexPool 0 & M (XXXXX0002) GASB Replacement 517-10250 TexPool Construction Tax (X)XXX011) WWTP Improvements 517-10300 Prosperity Bank Construction WWTP Improvements 519-10250 Texpool Revenue Bond Construction (XXXXX015) SWIFT 519-11155 Cash -Bond Escrow Bank of Texas (SWIFT) 528-10250 TexPool Revenue Bond Reserve (XXXXX014) WWTP Improvements 533-10250 TexPool Tax I & S (XXXXX0003) 533-10300 Prosperity Bank (XXX8701) Tax I&S 534-10250 TexPool Revenue I & S (XXXXX013) WWTP Improvements 535-10250 Texpool Revenue I & S (XXXXX017) SWIFT Amount available in cash (MUD Accounts) Amount available for spending (MUD Accounts) 4,915* 02/28/2019 Customer Water Deposits $314,915 Fire Department Cash 122-10250 TexPool 0 & M (XXXXX0002)-Fire Operating Cash 122-10300 Prosperity Bank (XXX8701) Fire Operating Amount available in cash (Fire Department Accounts) Amount available for spending (Fire Department Accounts) Total General Fund 135 Available for Spending General Fund 135 Fund Balances Nonspendable Fund Balance (Prepaids) Assigned Fund Balance (FY2019 Capital Projects plus prior year carry forward) Unassigned Fund Balance Current Year Revenue/Expenses Total Nonspendable, Assigned & Committed Fund Balances - General Fund 135 255 of 256 March 18, 2019 Regular Meeting Agenda Packet Restricted - Unable to be spent $o $314,915 $1,187,212 $0 $0 $782,846 $0 $0 $0 $767,358 $688,126 $851,517 $4,573 $183,691 $98,016 $4,878,253 $o $0 Unrestricted - Available for spending $3,434,708 $892,321 $0 $150 $450 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $4,327,629 1 $0 1 $4,327,629 $4,327,629 $900,021 $0 $900,021 ) $900,021 $900,021 Total in Accounts (Restricted & Unrestricted) $3,434,708 $1,207,236 $1,187,212 $150 $450 $782,846 $0 $0 $0 $767,358 $688,126 $851,517 $4,573 $183,691 $98,016 $9,205,881 General Fund 135 Available 892,321 Prosperity General Fund 3,434,708 Texpool General Fund 600 Petty Cash 4,327,629 8,486 1,906,543 5,709,156 (396,635) $7,227,550 $900,021 $0 $900,021 TC Meeting Spaces Calendars FS Conference Roo FS Training Room '« Svore Board Room April 2019 ^n Sun 14 Mar 31, 2019 Mon Apr 1 Tue 2 March 18, 2019 Regular Meeting Agenda Packets' Modifier Wed Thu Fri Sat 3 4 15 7 8 9 10 11 16 14 15 16 17 21 18 6:30pm Board of Direct 22 6:30pm Board of Direct 17 18 5 6 12 13 19 20 23 24 28 29 30 256 of 256 25 26 27 May 1 2 3 4 Powered by - teamup