HomeMy WebLinkAbout2024-0918 Amendment and Restated Information Form Notice to PurchaserAMENDMENT AND RESTATED INFORMATION FORM
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO.1
STATE OF TEXAS §
§
COUNTIES OF DENTON AND TARRANT §
Pursuant to V.T.C.A., Texas Water Code, Sections 49.452, 49.4521, and 49.455, as
amended, the Board of Directors of Trophy Club Municipal Utility District No. I (the
"District") hereby gives the following amendment to information form and revised notice to
purchaser form to all sellers and purchasers of real estate situated within the boundaries of said
District. We do hereby certify that the only modifications to be made by this amendment are
changes to items numbered as follows:
• The most recent rate of District-wide taxes on property located in the District for
maintenance and operation purposes is $0.05451 on each $100 of assessed
valuation. The most recent rate of District-wide taxes on property located in the
District for debt service is $0.00799 on each $100 of assessed valuation.
• The particular form of Notice to Purchasers required by Sections 49.452 and
49.4521 of the Texas Water Code to be furnished by a seller to a purchaser of real
property in the District, completed by the District with all information required to
be furnished by the District, is attached hereto as Exhibit "A".
WITNESS OUR HANDS THIS THE 18th DAY OF SEPTEMBER 2024.
District Information Form-Notice to Purchaser
Effective October 1, 2024
Kevin R. Carr, President
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THE STATE OF TEXAS
COUNTY OF DENTON
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§
§
BEFORE ME, the undersigned , a Notary Public in and for said County and State , on this
day personally appeared KEVIN R. CARR, BEN BREWSTER, DOUG HARPER, WILLIAM
C . ROSE and JAMES C. THOMAS, known to me to be the persons and officers whose names
are subscribed to the foregoing instrument and affirmed and acknowledged that said instrument
is correct and accurate to the best of their knowledge and belief, and that they executed the same
for the purposes and in the capacities therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this 18th day of September 2024.
. i~~~~~~t;,,_, LAURIE SLAGHT
gf{:.A:;'~A~ry Public, Sta t e of Texas
;~·· •• ~ •• ~~~ Comm . Expire sO l -19-2028 ~~Z,"Rt:~,,~ Notary 10 12872053-4
District Information Form-Notice to Purchaser
Effective October I, 2024
My Commission expires: l -I q . a.aab
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District Information Form-Notice to Purchaser
Effective October 1, 2024
EXHIBIT "A"
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NOTICE TO PURCHASER OF SPECIAL
TAXING OR ASSESSMENT DISTRICT
The real property that you are about to purchase is located in Trophy Club Municipal Utility
District No. 1 and may be subject to District taxes or assessments.
The District may, subject to voter approval, impose taxes and issue bonds. The District may impose
an unlimited rate of tax in payment of such bonds. The current rate of the District property tax is
$0.06250 on each $100 of assessed valuation, The District may impose assessments and issue
bonds and impose an assessment in payment of such bonds.
The total amounts of bonds payable wholly or pa1ily from property taxes excluding refunding
bonds that are separately approved by the voters, approved by the voters are $32,859,217 for water,
sewer, and drainage facilities~ and $2,000,000 for firefighting facilities.
The aggregate initial principal amounts of all such bonds issued are $32,855,000 for water, sewer,
and drainage facilities; and $2,000,000 for firefighting facilities.
The District is located partially within the corporate boundaries of the Town ofTrophy Club. The
Town of Trophy Club and the District overlap but may not provide duplicate services or
improvements. Property located in the Town ofTrophy Club and the District is subject to taxation
by the Town of Trophy Club and the District. The District is located partially within the corporate
boundaries of the Town of Westlake. The Town of Westlake and the District overlap but may not
provide duplicate services or improvements. Property located in the Town of Westlake and the
District is subject to taxation by the Town of Westlake and the District.
The purpose of this District is to provide water and sanitary sewer facilities and services and fire-
fighting facilities and activities. The cost of district facilities is not included in the purchase price
of your property.
PURCHASER IS ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS
SUBJECT TO CHANGE BY THE DISTRICT AT ANY TIME. THE DISTRICT
ANNUALLY ESTABLISHES TAX RATES. PURCHASER IS ADVISED TO CONTACT
THE DISTRICT TO DETERMINE THE STATUS OF ANY CURRENT OR PROPOSED
CHANGES TO THE INFORMAITON SHOWN ON THIS FORM.
The undersigned purchaser hereby acknowledges receipt of the foregoing notice at or before
the execution of a binding contract for the purchase of the real property or at closing of
purchase of the real property
Date
Date
District Information Form-Notice to Purchaser
Effective October 1, 2024
Signature of Seller
Signature of Purchaser
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