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HomeMy WebLinkAbout03/11/2021 - Regular Minutes - Rock Prairie Management District No. 2ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 MINUTES OF MEETING OF BOARD OF DIRECTORS March 11, 2021 The Board of Directors (the "Board") of Rock Prairie Management District No. 2 (the "District") met in regular session, open to the public on March 11, 2021, in accordance with the duly posted notice of meeting, and the roll was called of the duly constituted members of said Board of Directors, as follows: Uri Geva — President Hays Glover — Vice President William Lewis — Assistant Vice President Jonathan Stark — Secretary Mark Lindemulder — Assistant Secretary all of whom participated in the meeting via telephone conference call, except Director Lewis, thus constituting a quorum. Also attending the meeting via telephone conference call were James Murr of College Station Town Center, Inc. ("CSTC"); Cynthia Colondres of Municipal Accounts & Consulting, L.P. ("MAC"); Josh Campbell of EHRA Engineering ("EHRA"); Avik Bonnerjee of B&A Municipal Tax Service, LLC ("B&A"); Terrell Palmer of Post Oak Municipal Advisors LLC ("POMA"); Councilwoman Elizabeth Cunha of the City of College Station ("City"); and Christina Cole and Julie Kime of Schwartz, Page & Harding, L.L.P. ("SPH"). The President called the meeting to order and declared same open for such business as might properly come before it. EXPLANATION OF TELEPHONE CONFERENCE CALL MEETING PROCEDURES AND CALL TO ORDER Ms. Cole explained to the Board the procedures to be used during the telephone conference call meeting. In connection therewith, she informed the participants that the meeting would be recorded, and requested that participants clearly state his or her name before speaking, including when making or seconding a motion. Ms. Cole further explained that she would conduct a roll call vote for all motions and that Board members should wait to vote on a motion until his or her name has been called. Lastly, Ms. Cole conducted a full roll call of all meeting participants for attendance purposes. PUBLIC COMMENTS The Board began by opening the meeting for public comments. There being no members of the public present, the Board continued to the next item of business. APPROVAL OF MINUTES The Board next considered approval of the minutes of its regular meeting held on February 11, 2021. After review and discussion, Director Glover moved that the minutes for said Board meeting be approved, as written. Director Stark seconded said motion, which unanimously carried. RECEIVE BIDS FOR PURCHASE OF THE DISTRICT'S $2,500.000 UNLIMITED TAX ROAD, BONDS. SERIES 2021 (the "Bonds"). As the next order of business, it was announced that, pursuant to notices published as required by law, public bids for the sale of the District's Bonds were to be received at this time and place. Mr. Palmer announced that three (3) bids for the Bonds had been received electronically, the list of the electronically received bids being attached hereto as Exhibit A. Mr. Palmer reported that the low bid for the Bonds was submitted by Hilltop Securities Inc. ("Hilltop"), at a net effective interest rate of 2.873524%. Following discussion of the bids received, Director Glover moved that the Board accept the bid of Hilltop for the purchase of the Bonds at a net effective interest rate of 2.873524%. Director Stark seconded said motion, which unanimously carried. BOND ORDER Ms. Cole presented to the Board the Bond Order for the issuance of the District's Bonds. She reviewed various provisions of each Bond Order with the Board, a copy of which is attached hereto as Exhibit B. Following further discussion, it was duly moved by Director Glover, seconded by Director Stark and unanimously carried that the Bond Order presented be passed and adopted and that the President be authorized to execute the Bond Order and the Secretary to attest same on behalf of the Board and District. DISTRIBUTION OF FINAL OFFICIAL STATEMENT As the next order of business, there was a discussion regarding the completion of the Final Official Statement to be prepared by POMA in connection with the Bonds. Following further discussion, Director Glover moved that POMA be authorized to complete the Final Official Statement, date same as of the date hereof, and that said Final Official Statement be adopted by the Board and District. Director Stark seconded said motion, which carried unanimously. PAYING AGENT/RFGISTRAR AGREEMENTS WITH THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. The Board next considered and reviewed a Paying Agent/Registrar Agreement ("Agreement") by and between the District and The Bank of New York Mellon Trust Company, N.A., relative to the Bonds. Ms. Cole reviewed the various provisions of the Agreement with the Board. After further discussion of the Agreement, Director Glover moved that the Agreement be approved and that the President be authorized to execute the Agreement on behalf of the Board and District. Director Stark seconded said motion, which carried unanimously. 2 579898 The Board considered authorizing the District's bookkeeper to issue wire transfers in the amounts of $2,500.00 to the Attorney General of Texas for fees in connection with the Attorney General's review of the Bond transcript of proceedings. After discussion on the matter, Director Glover moved that the District's bookkeepers be authorized to issue such wire transfer to the Attorney General of Texas in connection with the review of the transcript of proceedings relative to the Bonds. Director Stark seconded said motion, which unanimously carried. BOOKKEEPING REPORT Ms. Colondres presented to and reviewed with the Board a Bookkeeping Report, a copy of which report is attached hereto as Exhibit C, including checks presented therein for payment. Following discussion, Director Glover moved that said Bookkeeping Report be approved and that the checks and wire identified in the report be approved for payment. Director Stark seconded the motion, which unanimously carried. AMENDMENT TO AMENDED AND RESTAED AGREEMENT FOR BOOKKEEPING SERVICES Ms. Colondres next presented and reviewed with the Board an Amendment to Amended and Restated Agreement for Bookkeeping Services between the District and MAC. Following such presentation, Director Glover moved to approve and authorize execution of such Amendment to Amended and Restated Agreement for Bookkeeping Services, subject to SPH's review and approval of same. Director Stark seconded the motion, which unanimously carried. A copy of the Amendment to Amended and Restated Agreement for Bookkeeping Services is attached hereto as Exhibit D. UNCLAIMED PROPERTY The Board considered authorizing District consultants to research the District's accounts for unclaimed property and authorized the District's bookkeeper to prepare an Unclaimed Property Report as of March 1, 2021. Ms. Cole advised the Board that the District's consultants will review their records and provide the bookkeeper with a current listing of any unclaimed property in the District's accounts for preparation of the Unclaimed Property Report. She further advised the Board that the District's bookkeeper would file the report with the Comptroller of Public Accounts of the State of Texas and discharge any unclaimed funds to the Comptroller by July 1, 2021. After discussion, Director Glover moved that the consultants be authorized to provide current listings of any and all unclaimed property to the bookkeeper and that, should any unclaimed property exist, the bookkeeper be authorized to file an Unclaimed Property Report with the Comptroller. Director Stark seconded the motion, which unanimously carried. TAX ASSESSORICOLLECTOR'S REPORT Mr. Bonnerjee then presented to and reviewed with the Board the Tax Assessor -Collector Report for the month ended February 28, 2021, including checks presented therein for payment. A copy of such report is attached hereto as Exhibit E. After discussion, Director Glover moved that the Tax Assessor -Collector Report be approved and that the checks identified therein be approved for payment. Director Stark seconded said motion, which unanimously carried. -3- 579898 ENGINEERING REPORT Mr. Campbell presented to and reviewed with the Board an Engineering Report dated March 11, 2021, a copy of which is attached hereto as Exhibit F. Mr. Campbell advised that there were no action items in connection with the Engineering Report. DEVELOPER'S REPORT The Board considered the Developer's Report. Mr. Murr presented a verbal report on the status of development within the District. ACKNOWLEDGMENT OF NOTICE AND INDEMNITY Ms. Cole advised the Board that CSTC has executed a collateral assignment of its reimbursables under its Utility Development Agreements with the District. The Board considered the approval and execution of an Acknowledgment of Notice and Indemnity for Receivables between College Station Town Center, Inc. and Origin Bank (the "Acknowledgment"). Following discussion, Director Glover moved that the Acknowledgment be approved as presented and that the President be authorized to execute same on behalf of the District. Director Stark seconded the motion, which unanimously carried. STATUS OF PROPOSED ANNEXATION OF 33.342 ACRES OF LAND TO THE DISTRICT Ms. Cole advised the Board that the City Council agenda for its meeting this evening contains an item to consider the District's Petition for Consent to the addition of 33.342 acres of land to the District. STATUS OF INTERLOCAL AGREEMENT BETWEEN THE DISTRICT AND THE CITY OF, COLLEGE STATION Ms. Cole presented and reviewed with the Board an Interlocal Agreement between the City and the District relative to the operation and maintenance of park and recreational facilities in the District, the form of which has been approved by the City. Following such presentation, Director Glover moved to approve the Interlocal Agreement and authorize the President and Secretary to execute same on behalf of the District. Director Stark seconded the motion, which carried by unanimous vote. A copy of the Interlocal Agreement thus approved is attached hereto as Exhibit G. ATTORNEY'S REPORT The Board considered the Attorney's Report. Ms. Cole advised the Board that she had nothing of a legal nature to discuss with the Board that was not already covered under previous agenda items. 4 579898 FUTURE AGENDA ITEMS The Board considered items for placement on future agendas. No specific agenda items, other than routine and ongoing matters were requested to be placed on a future agenda. ADJOURNMENT There being no further business to come before the Board, on motion made by Director Glover seconded by Director Stark, and unanimously carried, the meeting was adjourned. 5 579898 LIST OF ATTACHMENTS Rock Prairie Management District No. 2 Minutes of Meeting of March 11, 2021 Exhibit A List of Electronically Received Bids Exhibit B Bond Order Exhibit C Bookkeeping Report Exhibit D Second Amended and Restated Agreement for Bookkeeping Services Exhibit E Tax Assessor -Collector Reports Exhibit F Engineering Report Exhibit G Interlocal Agreement 6 579898 EXHIBIT "A" 3/11/2021 PARITY Result Screen Dea 10:35:42 a m. CDST Upcoming Calendar 1 Qverview 1 Compare j summary Bid Results Rock Prairie Mgmt Dt #2 $2,500,000 Unlimited Tax Road Bonds, Series 2021 The following bids were submitted using PARITY® and displayed ranked by lowest NIC. Click on the name of each bidder to see the respective bids. Bid Award* ❑ O Bidder Name NIC HilltooSecurities 2.873524 GMS Group L.L.C. 3.147551 F M S b o n d s. Inc. 3.161048 *Awarding the Bonds to a specific bidder will provide you with the Reoffering Prices and Yields. 0 19.31 2002 i-Deal LLC f 11 righls res_raed Tradefllarrk- https://www_newissuehome.i-deal.com/Parity/asp/main.asp?page=parityResult&customer—TM3&issue_key_no=307477&sec_type=BD 1/1 Cci-DeaAll Parity Calendar J Upcomfnp Calendar I Overview I Result I Excel ! HilltopSecurities - Dallas , TX's Bid Deal List PARITY Rock Prairie Mgmt Dt #2 $2,500,000 Unlimited Tax Road Bonds, Series 2021 For the aggregate principal amount of $2,500,000 00, we will pay you $2,443,348.70, plus accrued interest from the date of issue to the date of delivery. The Bonds are to bear interest at the following rate(s): Maturity Date ,Amount S Coupon ek'Yield % Dollar Pricel 09/01/2022 65M 1,2000 12000 100.00D 09/01/2023 65M 1.3500 1.3500 100.000 09/01/2024 65M 1.5000 1.5000 100.000 09/01/2025 65M 1.7000 1.7000 100.000 09/01/2026 65M 1.6000 1.8000 100.000 09/01/2027 70M 2.0000 2.000Q 100.000 09/01/2028 70M 2.1000 21000 100.000 09/01/2029 70M 22000 2.2000 100.000 09/01/2030 70M 2.3000 2,3000 100.000 09/01/2031 70M 2.4000 2.4000 100.000 09/01/2032 75M 2.5000 2.5000 100.000 09/01/2033 80M 2,5000 2.6000 98.945 09/01/2034 80M 2.6250 2.7000 99.160 09/01/2035 90M 2.6250 2.7500 98.521 09/01/2036 09/01/2037 09/01/2038 09101 rJ. M 09/01/2040 410M 26250 2.7000 98.872 09/01/2041 09/01 /2042 09/01/2043 09r612044 09/01/2045 490M 2 7500 2 8000 99 119 OD.. 09/01/2047 109/01 /2048 09/01/2049 1 09/01/205Q 600M 3.0000 3.0000 100.000 TotaE !rawest Cost: 51,- 78,149.79 Discount: $56,651.30 Net Interest Cost $1,234,801 09 NIC: 2 873524 Tme Last Bid Received On:03/11/2021 9:55:14 CST This proposal is made subject to all of the terms and conditions of the Official Bid Form, the Official Notice of Sale, and the Preliminary Official Statement, all of EXHIBIT "B" ORDER AUTHORIZING THE ISSUANCE OF $2,500,000 UNLIMITED TAX ROAD BONDS, SERIES 2021 BE IT ORDERED BY THE BOARD OF DIRECTORS OF ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2: ARTICLE ONE STATUTORY AUTHORITY, RECITALS AND FINDINGS SECTION 1.01: AUTHORITY FOR THE DISTRICT. Rock Prairie Management District No. 2 (the "District"), was organized, created and established as a conservation and reclamation district and political subdivision of the State of Texas by an Act of the 83rd Texas Legislature effective June 14, 2013 (the "Act"), codified as Chapter 3909, Texas Special District Local Laws Code, pursuant to the provisions of Article III, Sections 52 and 52-1, and Article XVI, Section 59, of the Constitution of Texas, and operates under and is governed by the provisions of the Act. SECTION 1.02: PURPOSES OF THE DISTRICT. The District was created and operates by and pursuant to the Act for the following purposes: (a) the control, storage, preservation and distribution of its storm water and floodwater, the water of its rivers and streams for irrigation, power, and all other useful purposes; (b) the reclamation and irrigation of its arid, semiarid, and other land needing irrigation; (c) the reclamation and drainage of its overflowed land and other land needing drainage; (d) the conservation and development of its forests, water, and hydroelectric power; (e) the navigation of its inland and coastal water; (f) the control, abatement, and change of any shortage or harmful excess of water; (g) the protection, preservation and restoration of the purity and sanitary condition of water within the state; (h) the preservation of all natural resources of the state; (i) developing and diversifying the economy of this state; (j) eliminating unemployment and underemployment; and 1-1 (k) developing or expanding transportation and commerce. SECTION 1.03: POWERS OF THE DISTRICT. The District is authorized by the Act to: (a) purchase, construct, acquire, own, operate, maintain, repair, improve, or extend inside and outside its boundaries any and all land, works, improvements, facilities, plants, equipment and appliances necessary to accomplish the purposes of its creation, including all works, improvements, facilities, plants, equipment and appliances incident, helpful, or necessary to: (i) supply water for municipal uses, domestic uses, power and commercial purposes and all other beneficial uses or controls; (ii) collect, transport, process, dispose of and control all domestic, industrial, or communal wastes whether in fluid, solid, or composite state; (iii) gather, conduct, divert, and control local storm water or other local harmful excesses of water in the District; (iv) irrigate the land in the District; (v) alter land elevation in the District where it is needed; (vi) navigate coastal and inland waters of the District; (b) finance, develop and maintain recreational facilities for the people of the District, if and as allowed by applicable law; (c) design, acquire, construct, improve, finance and issue bonds, notes or other obligations for roads, under the authority of Article III, Section 52, Texas Constitution and the Act; and (d) provide, design, construct, acquire, improve, relocate, operate, maintain, or finance an improvement project or service authorized under the Act or Chapter 375, Local Government Code. SECTION 1.04: AUTHORITY OF THIS ORDER. The District is authorized by the Act and Article III, Section 52, of the Texas Constitution, to design, acquire, construct, finance, issue bonds for, improve, operate, maintain and convey to this state, a county, or a municipality for operation and maintenance, macadamized, graveled, or paved roads, or improvements, including storm drainage, in aid of those roads. Said bonds are authorized by the Act and by V.T.C.A. Government Code, §1201.001 et seq., as amended, to be issued in various series or issues, with or without interest coupons, in any denomination, payable at such time or times, in such amount or amounts or installments, at such place or places, in such form, under such terms, conditions, and details, in such manner, redeemable prior to maturity at any time or times, bearing 1-2 no interest, or bearing interest at any rate or rates (either fixed, variable, floating, adjustable, or otherwise), all as determined by the Board of Directors of the District, and the Board of Directors finds that issuance of said bonds in multiple series or issues over an extended period of time is in the best interests of the District in order to ensure the continuing and orderly development of the District on terms and conditions which are feasible and practical. SECTION 1.05: FINDINGS. It is hereby found, determined and declared that: (a) the matters and facts set out in this Article One are true and correct; (b) at an election held within and for the District on November 3, 2015, the District was authorized to issue bonds in the maximum aggregate principal amount of $71,400,000 for the purpose or purposes of purchasing, constructing, acquiring, owning, operating, repairing, improving, or extending a waterworks system, a sanitary sewer system, and a drainage and storm sewer system, including, but not limited to, all additions to such systems and all land, improvements, facilities, plants, equipment, appliances, interests in property, and regional, regulatory or joint use participation rights or contract rights needed therefor and administrative facilities needed in connection therewith, and to provide for the payment of the principal of and interest on such bonds by the levy and collection annually of a sufficient tax upon all taxable property within the District; (c) at an election held within and for the District on November 3, 2015, the District was authorized to issue bonds in the maximum aggregate principal amount of $106,600,000 for the purpose or purposes of purchasing, constructing, acquiring, owning, operating, repairing, improving, or extending road facilities or facilities in aid thereof, including, but not limited to, landscaping, lighting, banners, and signs, signalization, beautification, sidewalks and crosswalks, and all additions to such facilities and all land, improvements, facilities, equipment, appliances, interests in property and contract rights needed therefor, and administrative facilities needed in connection therewith, and to provide for the payment of the principal of and interest on such bonds by the levy and collection annually of a sufficient tax upon all taxable property within the District; (d) at an election held within and for the District on November 3, 2015, the District was authorized to issue refunding bonds in the maximum aggregate principal amount of $178,000,000 to provide for the refunding by any lawful means of all or any portion of the Bonds (hereinafter defined) Additional Bonds (hereinafter defined), or refunding bonds payable in whole or in part from taxes; (e) the election described in paragraphs (b) through (d) hereof was called and held under and in strict conformity with the Constitution and laws of the State of Texas and of the United States of America, and the Board of Directors of the District has heretofore officially declared the results of said election and declared that the District was legally created and authorized to issue the bonds described in paragraphs (b) through (d) above, provided that City of College Station consent will be required prior to the issuance of bonds; 1-3 (f) the $2,500,000 bonds authorized by this Order should be issued pursuant to the authority of the election held on November 3, 2015 as described in paragraph (c) above for the acquisition and/or construction of road facilities to serve land within the District, and to pay certain other costs and expenses relating to the issuance of the Bonds; (g) the District has been authorized to levy taxes in payment of the Bonds, and the taxes to be levied and collected will be sufficient to pay the principal of the Bonds herein authorized as it becomes due and the interest thereon as it accrues and becomes payable; and (h) the Board of Directors reserves the right to issue the remaining $71,400,000 unissued bonds which were authorized at the election described in paragraph (b) hereof, the remaining $104,100,000 unissued bonds which were authorized at the election described in paragraph (c) hereof, and the remaining $178,000,000 unissued bonds which were authorized at the election described in paragraph (d) hereof, in one or more series, at a future date or dates when, in the judgment of the Board of Directors, such amounts are required for authorized purposes. (End of Article One) 1-4 ARTICLE TWO DEFINITIONS AND INTERPRETATIONS SECTION 2.01: DEFINITIONS. The following definitions, together with any supplemental definitions contained herein or in any exhibit hereto, shall apply with equal force herein and in any amendment or supplement hereto, and the scope and meaning of terms used in Exhibit "A", Exhibit "B". and Exhibit "C" hereto, whether or not defined therein, shall be determined by reference to this Article. Act. The term "Act" is defined in Section 1.01 hereof. Additional Bonds. The term "Additional Bonds" shall mean any additional bonds, including bonds payable in whole or in part from taxes, revenue bonds, contract revenue bonds, special project revenue bonds, refunding bonds and other bonds which the Board of Directors expressly reserves the right to issue in Article Nine of this Order. Authorized Investments. The term "Authorized Investments" shall mean all instruments which are authorized under the District's policies for investment of funds of the District adopted by the Board of Directors of the District from time to time, but in any event, all such instruments shall be authorized under the laws of the State of Texas for investment of funds of municipal utility districts. Board of Directors. The term "Board of Directors" shall mean the governing body of the District, as now or hereafter constituted. Bond Counsel. The term "Bond Counsel" shall mean the law firm of Schwartz, Page & Harding, L.L.P., Houston, Texas. Bond Fund. The term "Bond Fund" shall mean the District's debt service fund created and established pursuant to Section 7.02 hereof. 2-1 Bond Fund Road Bond Account. The term "Bond Fund Road Bond Account" shall mean the special account created and established pursuant to Section 7.02 hereof. Bonds. The term "Bond" or "Bonds" shall mean any Bond or Bonds, as the case may be, of the issue of $2,500,000 Unlimited Tax Road Bonds, Series 2021, initially dated as of April 1, 2021, and authorized, issued and delivered pursuant to this Order. Business Day. The term "Business Day" or "Business Days" shall mean any calendar day or days which fall on Monday through Friday, but shall not include any such day which is designated as an official state or national holiday or a day on which financial institutions where the Paying Agent is located are authorized or required by state or national law or by executive order to close. Construction Fund. The term "Construction Fund" shall mean the District's construction fund created and established pursuant to Section 7.02 hereof. DTC. The term "DTC" means the Depository Trust Company of New York, New York, or any successor securities depository. DTC Participant. The term "DTC Participant" means brokers and dealers, banks, trust companies, clearing corporations and certain other organizations on whose behalf DTC holds securities to facilitate the clearance and settlement of securities transactions among such DTC Participants. District. The term "District" is defined in Article One hereof and shall mean and include any successors and assigns of the District and, where appropriate, shall refer to the Board of Directors of the District. Fiscal Year. The term "Fiscal Year" shall mean the annual period from June 1 through May 31, or such other period as may hereafter be established by resolution of the Board of Directors of the District. 2-2 Holder. The term "Holder" or "Holders" shall mean, when used with respect to any Bond, the Person or Persons in whose name such Bond is registered on the Register. Initial Bonds. The term "Initial Bond" or "Initial Bonds" shall mean any one or more of the Bonds authorized, issued and initially delivered hereunder upon which the manually executed certificate of registration of the Comptroller of Public Accounts of the State of Texas, or his or her duly authorized deputy, substantially in the form prescribed in Section 5.03 hereof, has been placed. Initial Date. The term "Initial Date" shall mean April 1, 2021. Initial Purchaser. The term "Initial Purchaser" shall mean the Person or Persons to whom the Bonds are to be sold and delivered, as provided in Section 13.01 hereof Interest Payment Date. The term "Interest Payment Date" shall mean the date on which interest on any then outstanding Bond is due and payable, as provided in Section 3.04 hereof. Letter of Representation. The term "Letter of Representation" shall mean the Blanket Issuer Letter of Representations between the District and DTC, dated as of the date hereof, as same may be amended or supplemented from time to time. Maturity Date. The term "Maturity Date" shall mean any date on which the principal of any then outstanding Bond is due and payable, as provided in Section 3.03 hereof. Net Proceeds. The term "Net Proceeds" shall mean all proceeds received by the District from the sale of the Bonds, except those proceeds deposited into the Bond Fund Road Bond Account pursuant to the provisions of Section 7.04 hereof. Order. The term "Order" shall mean this Order and all amendments or supplements hereto. 2-3 Paving Agent. The term "Paying Agent" shall mean the Person selected and maintained from time to time by the District for the purpose of making payment on behalf of the District of the principal of and the interest on the Bonds, as provided in Section 12.06 of this Order. Person. Except as said term is otherwise specifically defined for purposes of Section 8.01 hereof, the term "Person" shall mean any individual, corporation, partnership, firm, joint venture, association, joint stock company, trust, unincorporated organization or government, or any agency or political subdivision thereof. Predecessor Bonds. The term "Predecessor Bonds" shall mean, with respect to any particular Bond, every previous Bond evidencing all or a portion of the same obligation as that evidenced by such particular Bond, and, for the purposes of this definition, any Bond registered and delivered pursuant to Section 3.10 hereof shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Bond in lieu of which such Bond was delivered. Record Date. The term "Record Date" shall mean, with respect to an Interest Payment Date of March 1, the preceding February 15, and with respect to an Interest Payment Date of September 1, the preceding August 15, whether or not such dates are Business Days. Redemntion Date. The term "Redemption Date" shall mean, when used with respect to any Bond to be redeemed prior to its Maturity Date, the date fixed for redemption of such Bond pursuant to the terms of this Order. Register. The term "Register" shall mean the registry books maintained on behalf of the District by a Registrar designated by the District for such purpose in which are maintained the names and addresses of Holders and the principal amounts of the Bonds registered in the name of each Holder. Registrar. The term "Registrar" shall mean the trust or banking corporation or association designated and acting in such capacity from time to time, as provided in Section 12.05 of this Order. 2-4 Road Bonds. The term "Road Bonds" shall mean the Bonds and any Additional Bonds of the District issued for the purpose or purposes of purchasing, constructing, acquiring, owning, operating, repairing, improving, or extending the Road System, and any related refunding bonds, whether hereunder or hereafter issued, sold and delivered by the District. Road Construction Fund Account. The term "Road Construction Fund Account" shall mean the special account created and established within the Construction Fund pursuant to Section 7.02 hereof. Road Svstem. The term "Road System" shall mean a system of road facilities or facilities in aid thereof to serve the District, including, but not limited to, all additions to such facilities and all land, improvements, facilities, equipment, appliances, interests in property and contract rights needed therefor, and administrative facilities needed in connection therewith, now owned or hereafter purchased, constructed or otherwise acquired, and all extensions and replacements thereof and improvements thereto whensoever made. Serial Bonds. The term "Serial Bond" or "Serial Bonds" shall mean any one or more as the case may be of the Bonds issued hereunder as serial bonds, which have Maturity Dates in the years 2022 through 2035, inclusive, and which are not subject to mandatory redemption pursuant to Section 4.01 hereof. Term Bonds. The term "Term Bond" or "Term Bonds" shall mean one or more, as the case may be, of the Bonds issued hereunder as term bonds which have a Maturity Date in the years 2040, 2045 and 2050, and which are subject to mandatory redemption pursuant to Section 4.01 hereof. SECTION 2.02: INTERPRETATIONS: TIME OF PERFORMANCE. The 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. This Order and all the terms and provisions hereof shall be liberally construed to effectuate the purposes set forth herein and to sustain the validity of the Bonds and the validity of the taxes levied in payment thereof Unless a time period specified for performance of any action under this Order is specified to be a Business Day or Business Days, such performance time period means the number of calendar days for such performance to be accomplished. (End of Article Two) 2-5 ARTICLE THREE AUTHORIZATION. DESCRIPTION AND EXECUTION OF BONDS SECTION 3.01: AMOUNT. NAME. PURPOSE AND AUTHORIZATION. The Bonds of the District, to be known and designated as "Rock Prairie Management District No. 2 Unlimited Tax Road Bonds, Series 2021", shall be issued in the aggregate principal amount of Two Million Five Hundred Thousand Dollars ($2,500,000.00) for the purpose or purposes of purchasing, constructing, acquiring, improving or extending road facilities, including, but not limited to, all additions to such facilities and all land, improvements, facilities, equipment, appliances, interests in property and contract rights needed therefor, and administrative facilities needed in connection therewith, all under and in strict conformity with the Constitution and laws of the State of Texas, including, particularly, Section 52 of Article III of the Constitution of Texas and the Act. SECTION 3.02: FORM, INITIAL DATE. NUMBERS AND DENOMINATIONS. The Initial Bonds shall be issued and delivered in fully registered form, without interest coupons, and shall be dated as of the Initial Date. Thereafter, each Bond registered and delivered by the Registrar hereunder shall be similarly dated as of the Initial Date, but shall include thereon the date of its authentication by the Registrar. Each Initial Bond submitted for approval, registration and delivery in accordance with Section 3.07 hereof shall be numbered "IR-", followed by the last two digits of the year in which such Initial Bond is scheduled to mature. Each Bond registered and delivered by the Registrar thereafter shall be numbered consecutively, in succession, beginning with the numeral "1", which shall be preceded by the prefix "R-", and shall be in denominations of $5,000, or any integral multiple thereof SECTION 3.03: INTEREST RATES AND MATURITY DATES. The Bonds shall include both Serial Bonds and Term Bonds, as provided below. (a) Bonds in the aggregate principal amount of $1,000,000 shall be issued as Serial Bonds, shall bear interest from the later of the Initial Date, or the most recent Interest Payment Date to which interest has been paid or duly provided for, at the rate or rates set forth in the following schedule, and shall mature and become payable, subject to prior redemption in accordance with the provisions of Article Four hereof, on September 1 in each of the years and in the principal amounts set forth in the schedule below: Principal Year of Interest Amount Maturity Rate $ 65,000 2022 1.200% $ 65,000 2023 1.350% $ 65,000 2024 1.500% $ 65,000 2025 1.700% $ 65,000 2026 1.800% $ 70,000 2027 2.000% $ 70,000 2028 2.100% 3-1 $ 70,000 2029 2.200% $ 70,000 2030 2.300% $ 70,000 2031 2.400% $ 75,000 2032 2.500% $ 80,000 2033 2.500% $ 80,000 2034 2.625% $ 90,000 2035 2.625% (b) Bonds in the aggregate principal amount of $1,500,000 shall be issued as Term Bonds, shall bear interest at the per annum rates set forth in the following schedule from the later of the Initial Date or the most recent Interest Payment Date to which interest has been paid or duly provided for, and shall mature and become payable, subject to mandatory and optional redemption in accordance with the provisions of Article Four hereof, on September 1 in the year and in the principal amounts set forth in the schedule below: Principal Year of Interest Amount Maturity Rate $ 410,000 2040 2.625% $ 490,000 2045 2.750% $ 600,000 2050 3.000% SECTION 3.04: DATES AND MANNER OF PAYMENT OF INTEREST. Interest on the Bonds shall be payable semiannually on March 1 and September 1 of each year, commencing on September 1, 2021, until payment of the principal thereof has been made or duly provided for. The amount of interest on the Bonds payable on each Interest Payment Date, Maturity Date or Redemption Date shall be computed on the basis of a 360-day year of twelve 30-day months. Not later than ten (10) days before each Interest Payment Date, Maturity Date or Redemption Date, the Paying Agent shall compute the amount of interest to be due and payable on such date and shall send to the District notice of the amount so computed to be due and payable on such date. The payments of interest on the Bonds shall be payable, at the option of the District, by check mailed by the Paying Agent to the Holder, at the address shown on the Register, or by such other customary banking arrangements as may be acceptable to the Paying Agent and the Holder, at the risk and expense of such Holder. The interest so payable on any Interest Payment Date will be paid to the Person in whose name each Bond (or one or more Predecessor Bonds evidencing the same obligation) is registered at the close of business on the Record Date for such Interest Payment Date. Each Bond delivered pursuant to the terms of this Order upon transfer or in exchange for or in lieu of any Predecessor Bond shall carry all the rights to interest, both accrued and unpaid, and to accrue, which were carried by such Predecessor Bond, and each such Bond shall bear or accrue interest as specified herein so that neither gain nor loss in interest shall result from such transfer, exchange or substitution. SECTION 3.05: MEDIUM AND PLACE OF PAYMENT AT MATURITY OR, REDEMPTION. The principal of the Bonds payable at any Maturity Date or Redemption Date, 3-2 shall be payable, without exchange or collection charges, in any coin or currency of the United States of America which on such dates of payment is legal tender for the payment of debts due the United States of America, upon the presentation and surrender of such Bonds, as they become due or at their earlier Redemption Date, at the designated office of the Paying Agent. SECTION 3.06: EXECUTION. The Bonds shall be signed on behalf of the District by the President and Secretary of the Board of Directors of the District, and the District's seal shall be placed or impressed thereon. Such signatures may be manually executed or placed in facsimile on the Bonds, and the District's seal may be manually impressed or printed or otherwise mechanically reproduced in facsimile on the Bonds. In case any official of the District who shall have signed any of the Bonds, either manually or by facsimile signature, shall cease to be such officer before the Bonds so signed shall have been authenticated and delivered by the Registrar, or disposed of by the District, such Bonds, nevertheless, may be authenticated and delivered or disposed of as though the Person who signed such Bonds had not ceased to be such officer of the District, and any Bond may be signed on behalf of the District by such Person as, at the actual time of execution of such Bond, shall be a proper officer of the District, although at the date of such Bond or of the adoption of this Order, such Person was not such officer. Minor typographical and other minor errors in the text of any Bond or minor defects in the seal or facsimile signature on any Bond shall not affect the validity or enforceability of such Bond, if same has been duly authenticated by the Registrar or registered by the Comptroller of Public Accounts of the State of Texas, as required herein. SECTION 3.07: APPROVAL. REGISTRATION AND DELIVERY. The Initial Bonds shall consist of one Bond for each year of maturity specified in Section 3.03 hereof, representing the entire principal amount of the Bonds scheduled to mature in each of such years of maturity, and shall be made payable to the Initial Purchaser, or its designee. The President and Secretary of the Board of Directors of the District and representatives of the District's Bond Counsel are each hereby authorized and directed to submit the Initial Bonds and a transcript of the proceedings relating to the issuance of the Bonds to the Attorney General of Texas for approval and, following said approval, to submit the Initial Bonds to the Comptroller of Public Accounts of the State of Texas for registration. Upon registration of the Initial Bonds, the Comptroller of Public Accounts (or a deputy designated in writing to act for the Comptroller) shall manually sign the Comptroller's registration certificate prescribed herein to be printed and endorsed on each Initial Bond. After the Initial Bonds have been registered and signed by the Comptroller, they shall be registered on the Register in the name of Cede & Co., as nominee of DTC, and shall be delivered to the Initial Purchaser or its designee, but only upon receipt of the full purchase price therefor. At any time after delivery of the Initial Bonds, the Holder may, subject to the requirements of and in accordance with the procedures prescribed in Section 3.09 hereof, surrender any Bonds to the Registrar for transfer or exchange, accompanied by instructions specifying the name(s) and address(es) of the Person(s) to whom such Bonds are to be transferred and the principal amount(s) of the Bond(s) to be authenticated and delivered in exchange therefor, and the Registrar shall thereupon, within not more than three (3) Business Days, authenticate and register Bonds conforming to such instructions and the provisions of this Order. 3-3 No Initial Bond shall be entitled to any right or benefit under this Order, or be valid or obligatory for any purpose, unless there appears on such Initial Bond a certificate of registration substantially in the form provided in Section 5.03 hereof, duly executed by the Comptroller of Public Accounts of the State of Texas, or his duly authorized deputy, by manual signature; nor shall any Bond authenticated and delivered subsequent to the Initial Bonds be so entitled or be valid or obligatory, unless there appears on such Bond a Certificate of Registrar substantially in the form provided in Section 5.02 hereof, duly executed by an authorized officer or employee of the Registrar, by manual signature. Such Certificate of Registrar upon any Bond authenticated and delivered subsequent to the Initial Bonds shall be conclusive evidence that such Bond has been so certified or registered and delivered. SECTION 3.08: OWNERSHIP OF BONDS. The District, the Paying Agent, the Registrar and any other Person may treat the Person in whose name any Bond is registered as the absolute owner of such Bond for the purpose of making and receiving payment of the principal thereof and interest thereon and for all other purposes, whether or not such Bond is overdue, and neither the District, the Paying Agent, nor the Registrar shall be bound by any notice or knowledge to the contrary. All payments made to the Person deemed to be the owner of any Bond in accordance with this Section 3.08 shall be valid and effective for all purposes and shall discharge the liability of the District, the Paying Agent and the Registrar to the extent of the sums paid. SECTION 3.09: REGISTRATION, TRANSFER AND EXCHANGE. So long as any Bonds remain outstanding, the Registrar shall keep and maintain at its designated office a Register in which, subject to such reasonable regulations as it may prescribe, the Registrar shall provide for the registration, transfer and exchange of Bonds in accordance with the terms of this Order. Each Bond shall be transferable only upon the presentation and surrender thereof at the office designated by the Registrar, duly endorsed for transfer or accompanied by an assignment duly executed by the registered owner or his authorized representative. Within three (3) Business Days following due presentation for registration of the transfer of any Bond, the District shall cause to be executed and the Registrar shall authenticate in the name of the transferee or transferees one or more exchange Bonds in a like aggregate principal amount and a like interest rate and shall deliver or mail same to the transferee or transferees by United States mail, first class, postage prepaid. All Serial Bonds shall be exchangeable upon the presentation and surrender thereof at the office designated by the Registrar for a Serial Bond or Serial Bonds having the same maturity and interest rate, in any authorized denomination, and in an aggregate principal amount equal to the unpaid principal amount of the Serial Bond or Serial Bonds presented for exchange. Within three (3) Business Days following due presentation for exchange of any Serial Bond, the District shall cause to be executed and the Registrar shall authenticate, register and deliver or send to the Holder, by United States mail, first class, postage prepaid, exchange Serial Bonds in accordance with the provisions of this Section 3.09. Except as provided in Section 3.12 hereof, a Term Bond is not exchangeable so long as it is registered in the name of Cede & Co., as nominee of DTC. 3-4 Each Bond transferred or exchanged and duly authenticated and delivered in accordance with this Section 3.09 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. No service charge shall be made for any transfer or exchange referred to above, but the District or the Registrar may require the Holder of any Bond to pay a sum sufficient to pay any tax or other governmental charge that may be imposed in connection with the transfer or exchange of such Bond. The Registrar shall not be required to transfer or exchange any Bond on any date subsequent to a Record Date and prior to the next succeeding Interest Payment Date, or during any period beginning fifteen (15) calendar days prior to, and ending on the date of the mailing of, notice of redemption of Bonds prior to maturity, nor shall the Registrar be required to transfer or exchange any Bond selected for redemption in whole or in part when such Redemption Date is scheduled to occur within thirty (30) calendar days. SECTION 3.10: REPLACEMENT BONDS. Upon the presentation and surrender to the Registrar of a mutilated Bond, the District shall cause to be executed, and the Registrar shall authenticate, register and deliver in exchange therefor, a replacement Bond of like tenor and principal amount bearing a number not contemporaneously outstanding. In the event that any Bond is lost, apparently destroyed or wrongfully taken, the District, pursuant to the applicable laws of the State of Texas, and in the absence of actual notice or knowledge that such Bond has been acquired by a bona fide purchaser, shall cause to be executed, and the Registrar shall authenticate, register and deliver, a replacement Bond of like tenor, interest, and principal amount bearing a number not contemporaneously outstanding, provided that the Holder thereof shall have: (a) furnished to the Registrar and the District satisfactory evidence of the ownership and the circumstances of the loss, destruction or theft of such Bond; (b) furnished such security or indemnity as may be required by the Registrar, the District and the Paying Agent to save the District, the Registrar and the Paying Agent harmless; (c) paid all expenses and charges in connection therewith, including, but not limited to, printing costs, legal fees, fees and expenses of the Registrar, the District and Paying Agent and any tax or other governmental charge that may be imposed; and (d) met any other reasonable requirements of the District, the Registrar and the Paying Agent. 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, the Registrar and the Paying Agent shall be entitled to recover upon 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, the Registrar and the Paying Agent in connection therewith. 3-5 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, with the concurrence of the Registrar, in their discretion, may pay such Bond, in lieu of issuance of a replacement Bond. Each replacement Bond delivered in accordance with this Section 3.10 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. Notwithstanding the foregoing, the Initial Bonds and all subsequent Bonds shall be registered in the name of Cede & Co., as nominee of DTC, except as provided in Section 3.12 hereof. With respect to Bonds registered in the name of Cede & Co., as nominee of DTC, the District, the Paying Agent and the Registrar shall have no responsibility or obligation to any DTC Participant or to any Person on behalf of whom such a DTC Participant holds an interest in the Bonds. In particular, and not by way of limiting the foregoing, the District, the Paying Agent and the 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 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 other Person, other than a Holder, as shown in the Register, any amount with respect to the principal of or the premium, if any, or interest on the Bonds. Notwithstanding any other provision of this Order to the contrary, the District, the Paying Agent and the Registrar shall be entitled to treat and consider the Person in whose name each Bond is registered on the Register as the absolute owner of such Bond for the purpose of payment of the principal of and the premium, if any, and interest on such Bond; for the purpose of giving notices of redemption and other matters with respect to such Bond; for the purpose of registering transfers with respect to such Bond; and for all other purposes whatsoever. The Paying Agent shall pay all principal of and premium, if any, and interest on the Bonds only to or upon the order of the Holders, as shown on the Register and 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 the payment of the principal of and the premium, if any, and interest on the Bonds to the extent of the sum or sums so paid. Except as provided in Section 3.12 hereof, no Person, other than a Holder, as shown on the Register, shall be issued an exchange Bond pursuant to this Order. Upon delivery by DTC to the Paying Agent and the 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 payments to the Holders as of the close of business on a Record Date, the word "Cede & Co." in this Order shall refer to such new nominee of DTC. Notwithstanding any other provision of this Order to the contrary, so long as any Bond is registered in the name of Cede & Co., as nominee of DTC, all payments with respect to principal of and the premium, if any, and interest on such Bond, and all notices with respect to such Bond, shall be made and given, respectively, in the manner provided in the Letter of Representation. If fewer than all of the Bonds of the same maturity are to be redeemed, the particular Bonds, or portions thereof, to be redeemed in whole or in part from within each such maturity shall be 3-6 selected by DTC from the Bonds, or portions thereof, which have not previously been called for redemption in accordance with the procedures of DTC notwithstanding any other provision of this Order to the contrary. SECTION 3.12: SUCCESSOR SECURITIES DEPOSITORY: TRANSFER OUTSIDE BOOK -ENTRY ONLY SYSTEM. In the event that the District, in its sole discretion, determines that the beneficial owners of the Bonds should be able to obtain exchange Bonds, the District shall notify DTC and the DTC Participants, as identified by DTC, of the availability through the Registrar of exchange Bonds and cause the registration and transfer of one or more exchange Bonds to the DTC Participants having Bonds credited to their DTC accounts, as identified by DTC, but only upon presentation of surrender of the Bonds to be exchanged, upon receipt of proper proof of the ownership interests of the DTC Participants, and integral multiples of $5,000 in principal amount; provided, however, that in such event, each Term Bond shall be exchangeable only for one or more Serial Bonds bearing the same rate of interest and corresponding in aggregate principal amounts and Maturity Dates to the unpaid mandatory redemption amounts and Redemption Dates applicable to such Term Bond pursuant to Section 4.01 hereof, with the particular Maturity Date applicable to any such exchange Serial Bond to be determined by the Registrar by lot or other customary method. In the event DTC discontinues the services described herein, the District shall 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 the DTC Participants, as identified by DTC, of the appointment of such successor securities depository; and cause the registration and transfer of one or more exchange Bonds to such successor securities depository. In either such event, the Bonds shall no longer be restricted to being registered on 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: CANCELLATION. All Bonds paid or redeemed in accordance with this Order, and all Bonds in lieu of which exchange Bonds or replacement Bonds are executed, authenticated, registered and delivered in accordance with Section 3.09 or Section 3.10 of this Order, shall be cancelled upon the making of proper records regarding such payment, redemption, exchange or replacement and shall be treated in accordance with the document retention policies of the Paying Agent and the records retention schedules of the District. The Paying Agent and Registrar shall periodically furnish the District with certificates of cancellation of such Bonds, upon written request therefor. (End of Article Three) 3-7 ARTICLE FOUR REDEMPTION OF BONDS BEFORE MATURITY, SECTION 4.01: A. MANDATORY REDEMPTION OF TERM BONDS. Term Bonds with Maturity Dates of September 1, 2040, 2045 and 2050, shall be redeemed, at a price equal to the principal amount thereof, plus accrued interest to the Redemption Date, on September 1 in each of the years and in the principal amounts set forth in the following schedule, with the particular portions of such Term Bonds to be redeemed to be selected by the Registrar or DTC, as applicable, from the portions of the Term Bonds which have not previously been redeemed by the District, by lot or other customary method: Year of Principal Redemption Amount 2036 $ 75,000 2037 $ 80,000 2038 $ 80,000 2039 $ 85,000 2040 (Maturity) $ 90,000 2041 $ 90,000 2042 $ 95,000 2043 $100,000 2044 $100,000 2045 (Maturity) $105,000 2046 $110,000 2047 $115,000 2048 $120,000 2049 $125,000 2050 (Maturity) $130,000 Notwithstanding the foregoing, to the extent that Term Bonds of a particular maturity have been previously redeemed in part through the exercise of the District's reserved right of optional redemption, as provided below, each of the aforesaid scheduled mandatory redemption payments for the Term Bonds of such maturity shall be reduced in each such instance of prior redemption, as specified in the District's notice to the Paying Agent as provided below. B. OPTIONAL REDEMPTION OF BONDS. The District reserves the right, at its option, to redeem the Bonds maturing on or after September 1, 2028, prior to their scheduled maturities, in whole or, from time to time, in part, on September 1, 2027, or on any date thereafter, at a price equal to the principal amount thereof to be redeemed plus accrued interest on said principal amount thereof called for redemption to the Redemption Date. The District shall, at least forty-five (45) calendar days prior to the Redemption Date (unless a shorter notice shall be satisfactory to the Registrar and Paying Agent), notify the Registrar and Paying Agent of such Redemption Date and of the principal amount of the Bonds of each maturity to be redeemed. If less than all of the Serial Bonds of the same maturity are to be redeemed, the particular Serial Bonds to be redeemed in whole or in part from within each such maturity shall be selected by the Registrar or DTC, as applicable, from the Serial Bonds which have not previously been called for 4-1 redemption, by lot or other customary method; provided, however, that in the event that a Serial Bond subject to redemption is in a denomination larger than $5,000, a portion of such Serial Bond may be redeemed, but only in a principal amount equal to $5,000 or an integral multiple thereof. The Registrar shall promptly notify the District and the Paying Agent, if different than the Registrar, in writing, of the Serial Bonds selected for redemption and, in the case of any Serial Bond selected for partial redemption, of the principal amount thereof to be redeemed. If less than all of the outstanding principal amount of a Term Bond is to be redeemed, the District shall notify the Paying Agent at least forty-five (45) calendar days prior to the Redemption Date of the reductions in the remaining mandatory redemption amounts to result from such optional redemption. For purposes of this Order, unless the context otherwise requires, all provisions relating to the redemption of Bonds shall relate, in the case of any Bond redeemed or to be redeemed only in part, to the portion of the principal amount of such Bond which has been or is to be redeemed. Upon surrender of any Bond for redemption in part, the Registrar, in accordance with Section 3.09 of this Order, shall authenticate, register and deliver an exchange Bond or Bonds of like interest rate and in aggregate principal amount equal to the unredeemed portion of the Bond so surrendered; provided, however, that the foregoing shall not apply to Bonds registered as set forth in Section 3.11 of this Order. SECTION 4.02: NOTICE OF REDEMPTION. Notice of the selection of any Bonds for redemption pursuant to Section 4.01 above is hereby directed to be given by the Registrar, without any further instruction or notice from the District, at least thirty (30) calendar days prior to the Redemption Date. Notice shall be given by first class United States mail, postage prepaid, to the Holder of each Bond to be redeemed in whole or in part at the address shown on the Register on the date which is forty-five (45) calendar days prior to the Redemption Date. Such notice shall state the Redemption Date, the redemption price, the principal amounts of the Bonds to be redeemed and, if less than all of the then outstanding Bonds are to be redeemed, the identification (and, in the case of partial redemptions within a maturity, the respective principal amounts) of the Bonds to be redeemed, the amount of accrued interest payable on the Redemption Date and the place at which the Bonds are to be surrendered for payment. Any notice mailed as provided in this Section 4.02 shall be conclusively presumed to have been duly given, whether or not the Holder actually receives such notice. Except as otherwise provided in Section 11.03 of this Order, no other notice of the reserved right of redemption shall be given unless otherwise required by law. By the Redemption Date, due provision shall be made with the Paying Agent for the payment of the principal of the Bonds to be redeemed, plus accrued interest thereon to the Redemption Date. When Bonds have been called for redemption, in whole or in part, as provided above, and due provision has been made to redeem same, such Bonds or portions thereof, shall no longer be regarded as outstanding, except for the purpose of receiving payment from the funds provided for redemption, and the right of the Holders to collect interest which would otherwise accrue after the Redemption Date upon the principal of such Bonds or the portions thereof so called for redemption shall be terminated. (End of Article Four) 4-2 ARTICLE FIVE FORM OF BONDS SECTION 5.01: FORM OF BONDS. The Bonds authorized by this Order, including the registration certificate of the Comptroller of Public Accounts of the State of Texas or Registrar, as applicable, and form of assignment shall be in substantially the forms specified in Exhibit "A" and Exhibit "B" attached hereto and made a part hereof for all purposes, with such omissions, insertions and variations as may be necessary or desirable and consistent with the terms of this Order. SECTION 5.02: CERTIFICATE OF REGISTRAR. The form of Certificate of Registrar specified in Exhibit "B" attached hereto shall be printed on or attached to each of the Bonds authenticated, registered and delivered subsequent to the Initial Bonds. SECTION 5.03: REGISTRATION OF BONDS BY STATE COMPTROLLER AND CERTIFICATE. The Initial Bonds shall be registered by the Comptroller of Public Accounts of the State of Texas, as provided by law. In lieu of the Certificate of Registrar specified in Section 5.02 hereof, the registration certificate of the Comptroller of Public Accounts of the State of Texas shall be printed or typed on or attached to each of the Initial Bonds and shall be in substantially the form specified in Exhibit "A" attached hereto. SECTION 5.04: FORM OF ASSIGNMENT. The form of Assignment specified in Exhibit "A" and Exhibit "B" attached hereto shall be printed at the back of or attached to each of the Bonds. SECTION 5.05: CUSIP REGISTRATION. The officers and representatives of the District may secure the printing of identification numbers on the Bonds through the CUSIP Global Services, managed by S&P Global Market Intelligence on behalf of the American Bankers Association. SECTION 5.06: LEGAL OPINION. The approving opinion of the District's Bond Counsel may be printed on the Bonds over the certification of the Secretary of the Board of Directors, which may be executed in facsimile or, with respect to Bonds registered in the name of Cede & Co., as nominee of DTC, in accordance with Section 3.11 of this Order, an original of said opinion may be delivered to the Initial Purchaser. SECTION 5.07: BOOK -ENTRY ONLY BONDS. Notwithstanding anything in this Article Five to the contrary, exchange bonds in the form specified in Exhibit "B" attached hereto shall not be issued except as set forth in Section 3.12 of this Order. (End of Article Five) 5-1 ARTICLE SIX SECURITY FOR THE BONDS SECTION 6.01: SECURITY FOR THE BONDS. The Bonds are secured by and payable from the proceeds of an annual ad valorem tax, levied without legal limitation as to rate or amount, upon all taxable property within the District, and such taxes, as collected and received, are hereby pledged to the payment of the principal of and the interest, payment expenses and redemption price on the Bonds. SECTION 6.02: LEVY OF TAX. To pay the interest on the Bonds, and to create a sinking fund for the payment of the principal thereof when due, and to pay the expenses of assessing and collecting such taxes and making payments in respect of the Bonds, there is hereby levied, and there shall be assessed and collected in due time, an annual ad valorem tax, without legal limit as to rate or amount, upon all taxable property in the District for each year while any of the Bonds are outstanding. All of the proceeds of such collections, except costs incurred in that connection, shall be paid into the Bond Fund Road Bond Account, as established pursuant to Article Seven of this Order and the aforementioned tax and such payments into the Bond Fund Road Bond Account shall continue until the Bonds and the interest thereon, together with all expenses incurred in making payments in respect of the Bonds and all amounts due to the United States of America pursuant to Section 8.01(g) hereof, have been fully paid and discharged, and such proceeds shall be used for such purposes and no other. While said Bonds, or any of them, are outstanding and unpaid, an ad valorem tax, each year at a rate from year to year as will be ample and sufficient to provide funds to pay the current interest on said Bonds and to provide the necessary sinking fund to pay the principal and accrued interest on the Bonds when due, with full allowance being made for delinquencies and costs of collection, shall be levied, assessed and collected, as follows: (a) After receipt of the certified roll of taxable property in each year, and at such time as required by then applicable law, the Board of Directors shall consider the taxable property in the District and determine the actual rate per $100 valuation of taxable property which is to be levied in that year and shall levy such tax against all taxable property in the District. (b) In determining the actual rate to be levied in each year, the Board of Directors shall consider, among other matters: (1) the amount which should be levied for the payment of the principal of or the interest, payment expenses and redemption price on each series of bonds or notes of the District payable in whole or in part from taxes, including, but not limited to, the Bonds and any Additional Bonds; and (2) the percentage of anticipated tax collections and the costs of assessing and collecting such taxes. 6-1 (c) In determining the amount of taxes which should be levied each year, the Board of Directors may also consider whether proceeds from the sale of bonds of the District have been capitalized or placed in escrow to pay interest during construction and whether the Board of Directors reasonably expects to have investment earnings from the Bond Fund or the Bond Fund Road Bond Account, as applicable, or excess arbitrage profits payable to the United States of America, or revenues or receipts available from other sources which are legally available to pay the principal of or the interest, payment expenses or redemption price on the Bonds, or any Additional Bonds or notes payable in whole or in part from taxes. In addition to the tax levied pursuant to this Section 6.02, the District may also levy from time to time taxes for maintenance and operation purposes, for contract obligations payable from taxes, and for any other purpose or purposes authorized by law. SECTION 6.03: PERFECTION OF PLEDGE. Chapter 1208, Texas Government Code, applies to the issuance of the Bonds and the pledge of taxes by the District under Section 6.01 of this Order, and such pledge is, therefore, valid, effective and perfected. If, at any time while all or any portion of the Bonds are outstanding and unpaid, Texas law is amended in a manner that such pledge is to be subject to the filing requirements of Chapter 9, Texas Business & Commerce Code, then in order to preserve to the Holders the perfection of the security interest in and to such pledge, the District covenants and agrees to take such measures as it determines are reasonable and necessary under Texas law to comply with the applicable provisions of Chapter 9, Texas Business & Commerce Code, and to enable a filing to perfect the security interest in such pledge to occur. (End of Article Six) 6-2 ARTICLE SEVEN APPLICATION OF BOND PROCEEDS; FLOW OF FUNDS AND INVESTMENTS SECTION 7.01: BOND PROCEEDS. Proceeds from the sale of the Bonds will be disbursed in accordance with this Article Seven. SECTION 7.02: CREATION OF FUNDS AND ACCOUNTS. The District hereby creates and establishes a Bond Fund, and there is hereby created and established within the Bond Fund a special account to be known and designated as the Bond Fund Road Bond Account. In addition, the District hereby creates and establishes a Construction Fund and, within the Construction Fund, a special account to be known and designated as the Road Construction Fund Account. Each fund and account shall be kept separate and apart from all other funds and accounts of the District. The Bond Fund Road Bond Account, to the extent permitted by law, shall constitute a trust fund for the benefit of the Holders of the Bonds and any Additional Bonds issued for the purpose of financing roads payable in whole or in part from taxes, and shall be applied only to pay interest and principal on the Bonds and any Additional Bonds payable in whole or in part from taxes and the fees and expenses of any Paying Agent or Registrar in respect of same, and to defray the expenses, if any, of assessing and collecting taxes levied for payment of the interest on and principal of the Bonds and any Additional Bonds issued for the purpose of financing roads payable in whole or in part from taxes, to pay any tax anticipation notes issued together with interest thereon, as such tax anticipation notes shall become due, and to pay to the United States of America any excess arbitrage profits in respect of the Bonds and any Additional Bonds payable in whole or in part from taxes which may hereafter come due. SECTION 7.03: SECURITY OF ACCOUNTS. Any cash balance in any fund or account of the District, to the extent not insured by the Bank Insurance Fund managed and maintained by the Federal Deposit Insurance Corporation, or a successor insurance fund, shall be continuously secured by a valid pledge to the District of securities eligible under the laws of Texas to secure the funds of districts such as the District, having an aggregate market value, exclusive of accrued interest, at all times at least equal to the uninsured cash balance in the fund to which such securities are pledged or such higher amount as required by the District's policies for investment of funds of the District. SECTION 7.04: DEPOSITS TO AND WITHDRAWALS FROM BOND FUND ROAD BOND ACCOUNT. The District shall deposit or cause to be deposited into the Bond Fund Road Bond Account the aggregate of the following at the times specified: (a) As soon as practicable after the Initial Bonds are sold and delivered, moneys received from the Initial Purchaser representing accrued interest on the Bonds from the Initial Date to the date of their delivery; (b) As soon as practicable after the Initial Bonds are sold and delivered, out of the proceeds of the sale of the Bonds, a sum equal to the initial twelve (12) months of interest on the Bonds; and 7-1 (c) As collected, the proceeds from collection of the ad valorem tax levied pursuant to Section 6.02 hereof, less the costs of collection thereof. Not later than five (5) calendar days prior to any Maturity Date, Redemption Date and/or Interest Payment Date on the Bonds, the Board of Directors shall cause moneys to be deposited into the Bond Fund in an amount not less than that which is sufficient to pay the principal of the Bonds which matures and becomes payable on such date, the interest which accrues and becomes payable on such date, and the fees and expenses of the Paying Agent and the Registrar for handling and making such payments on the Bonds on such date, and not later than two (2) Business Days prior to such payment dates shall cause such amounts to be wire transferred to the Paying Agent. SECTION 7.05: CONSTRUCTION FUND. The District shall deposit or cause to be deposited into the Road Construction Fund Account the Net Proceeds of the Bonds, less any portion of the Net Proceeds that has been utilized by the Paying Agent, pursuant to written instructions of the District, for expenses incident to the issuance of the Bonds. Moneys on deposit in the Road Construction Fund Account shall be used solely for the payment of the expenses incident to the issuance of the Bonds, including financial advisory, legal and engineering fees and expenses, and administration, organization and printing expenses of the District, and the costs of purchasing, constructing, acquiring, owning, operating, repairing, improving or extending the Road System. SECTION 7.06: SURPLUS CONSTRUCTION FUNDS. After completion of the Road System facilities for which the Bonds are issued and the payment of all lawful obligations associated therewith, at the option of the Board, and, if required, with the consent of any regulatory authority having jurisdiction, the proceeds of the Bonds remaining in the Road Construction Fund Account, together with investment earnings thereon, may be used to pay the costs of constructing additional road facilities which will become part of the Road System and/or for any other lawful purpose for which the Bonds were authorized, if such use, in the opinion of Bond Counsel, does not adversely affect the status of the exclusion of interest on the Bonds from gross income for federal income tax purposes. Any moneys remaining in the Road Construction Fund Account after completion of the entire Road System shall be deposited into the Bond Fund Road Bond Account. SECTION 7.07: INVESTMENTS; EARNINGS. Moneys deposited into the Bond Fund and the Bond Fund Road Bond Account therein, and into the Construction Fund and the Road Construction Fund Account therein, and any other fund or funds which the District may lawfully create may be invested or reinvested from time to time, but only in Authorized Investments. Except to the extent otherwise required to maintain compliance with the covenants set forth in Section 8.01 hereof, all investments and any profits realized from or interest accruing on such investments shall belong to the fund and the account from which the moneys for such investment were taken; provided, however that in the discretion of the Board of Directors, and, if required, with the consent of any regulatory authority having jurisdiction, the profits realized from and interest accruing on investments made from any fund may be transferred to the appropriate account within the Bond Fund. If any moneys are so invested, the District shall have the right to have sold in the open market a sufficient amount of such investments to meet its obligations in the event any fund does not have sufficient uninvested moneys on hand to meet the obligations payable 7-2 out of such fund. After such sale, the moneys resulting therefrom shall belong to the fund from which such investments were initially taken. The District shall not be responsible to the Holders for any loss arising out of the sale of any investments. (End of Article Seven) 7-3 ARTICLE EIGHT TAX EXEMPTION SECTION 8.01: TAX EXEMPTION. For purposes of this Section 8.01, the term "Net Proceeds" means the proceeds derived from the sale of the Bonds, plus interest earnings thereon, less any amounts deposited in a reasonably required reserve or replacement fund; the term "Person" includes any individual, corporation, partnership, unincorporated association or any other entity capable of carrying on a trade or business; and the term "trade or business" means, with respect to any natural person, any activity regularly carried on for profit and, with respect to Persons other than natural persons, means any activity other than an activity carried on by a governmental unit. The District covenants that it shall make such use of the Net Proceeds of the Bonds, regulate investments thereof and take such other and further actions as may be required by Sections 103 and 141-150 of the Internal Revenue Code of 1986 (the "Code"), and all applicable temporary, proposed and final regulations and procedures promulgated thereunder or promulgated under the Internal Revenue Code of 1954, to the extent applicable to the Code (the "Regulations"), necessary to assure that interest on the Bonds is excludable from gross income for federal income tax purposes. Without limiting the generality of the foregoing, the District hereby covenants as follows: (a) The District has not permitted and will not permit more than ten percent (10%) of the Net Proceeds of the Bonds to be used in the trade or business of any Person (other than use as a member of the general public) other than a governmental unit ("private -use proceeds"); (b) The District has not permitted and will not permit more than five percent (5%) of the Net Proceeds of the Bonds to be used in the trade or business of any Person, other than a governmental unit, if such use is unrelated to the governmental purpose of the Bonds; and further, the amount of private -use proceeds of the Bonds in excess of five percent (5%) of the Net Proceeds of the Bonds ("excess private -use proceeds") will not exceed the proceeds of the Bonds expended for the governmental purpose of the Bonds to which such excess private -use proceeds relate; (c) The principal of and interest on the Bonds will be paid from ad valorem tax collections, together with investment profits and interest earnings thereon; (d) The District has not permitted and will not permit an amount exceeding the lesser of (i) $5,000,000 or (ii) five percent (5%) of the Net Proceeds of the Bonds to be used directly or indirectly to finance loans to Persons other than governmental units; 8-1 (e) The District will not use the proceeds of the Bonds in a manner that would cause the Bonds or any portion thereof to be an "arbitrage bond" within the meaning of Section 148 of the Code or otherwise in any manner which would cause the Bonds to violate the provisions of Section 149(d) of the Code. The District will monitor the yield on the investment of the proceeds of the Bonds and moneys pledged to the payment of the Bonds, other than amounts not subject to yield restriction because of their deposit in a reasonably required reserve or replacement fund or a bona fide debt service fund, and will restrict the yield on such investments to the extent required by the Code or the Regulations. Without limiting the generality of the foregoing, the District will take appropriate steps to restrict the yield on (i) all Net Proceeds of the Bonds on hand on a date that is three (3) years from the date of delivery of the Bonds and on all amounts within the Bond Fund not disbursed within thirteen (13) months of the date of deposit therein (using a last -in, first out accounting conversion) and (ii) all investment earnings on hand on a date that is three (3) years from the date of delivery of the Bonds or one (1) year from the date such investment proceeds are received, whichever is later, to a yield which is not materially higher than the yield on the Bonds (in both cases calculated in accordance with the Code and the Regulations); (f) (g) The District will not cause the Bonds to be treated as "federally guaranteed" obligations within the meaning of Section 149(b) of the Code (as same may be modified in any applicable rules, rulings, policies, procedures, regulations or other official statements promulgated or proposed by the Department of the Treasury or the Internal Revenue Service with respect to "federally guaranteed" obligations described in Section 149(b) of the Code); To the extent, if applicable, required by the Code or Regulations, the District will take all necessary steps to comply with the requirement that "excess arbitrage profits" earned on the investment of the gross proceeds of the Bonds, if any, be rebated to the United States of America, and specifically, the District will (i) maintain records regarding the investment of the gross proceeds of the Bonds as may be required to calculate such "excess arbitrage profits" separately from records of amounts on deposit in the funds and accounts of the District which are allocable to other bond issues of the District or moneys which do not represent gross proceeds of any bonds of the District, (ii) calculate, not less often than required by applicable federal law and the Regulations, the amount of "excess arbitrage profits", if any, earned from the investment of the gross proceeds of the Bonds and (iii) pay, not less often than required by applicable federal law and the Regulations, all amounts required to be rebated to the United States of America; and the District will not indirectly pay any amount otherwise payable to the United States of America pursuant to the foregoing requirements to any Person other than the United States of America by entering into any investment arrangement with respect to the gross proceeds of the Bonds that might result in a smaller profit or a larger loss than would have resulted if the arrangement had been at arm's length and had the yield on the issue not been relevant to either party; 8-2 (h) The District will timely file a statement with the United States of America setting forth the information required pursuant to Section 149(e) of the Code; and (i) This Order is intended to satisfy the official intent requirements set forth in section 1.150-2 of the Treasury Regulations. For purposes of the foregoing (a), (b) and (e), the District understands that the term "Net Proceeds" includes "disposition proceeds" as defined in the 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 United States 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 exclusion of interest on the Bonds from gross income for federal income tax purposes 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 exclusion of interest on the Bonds from gross income for federal income tax purposes under Section 103 of the Code. In furtherance of such intention, the District hereby authorizes and directs the President or Vice President of the Board to execute 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. Furthermore, all officers, employees and agents of the District are authorized and directed to provide certifications of facts, estimates and circumstances which are material to the reasonable expectations of the District as of the date the Initial Bonds are delivered and paid for, and any such certifications may be relied upon by Bond Counsel, by the Holders of the Bonds, and by any Person interested in the exclusion of interest on the Bonds from gross income for federal income tax purposes. Moreover, the District covenants that it shall make such use of the proceeds of the Bonds, regulate investments of proceeds thereof, and take such other and further actions as may be required to maintain the exclusion of interest on the Bonds from gross income for federal income tax purposes. SECTION 8.02: BONDS QUALIFIED TAX-EXEMPT OBLIGATIONS. The District hereby designates the Bonds as "qualified tax-exempt obligations" for purposes of Section 265(b) of the Code and covenants that it shall take all actions necessary with respect to the Bonds to satisfy the requirements of Section 265(b)(3) of the Code. In particular, the District represents that: (a) the aggregate amount of tax-exempt obligations issued by the District during calendar year 2021, including the Bonds, which have been designated as "qualified tax-exempt obligations" under Section 265(b)(3) of the Code, does not exceed $10,000,000; and 8-3 (b) the reasonably anticipated amount of tax-exempt obligations which will be issued by the District during the calendar year 2021, including the Bonds, will not exceed $10,000,000. For purposes of this Section 8.02, the term "tax-exempt obligation" does not include "specified private activity bonds" within the meaning of Section 141 of the Code, other than "qualified 501(c)(3) bonds" within the meaning of Section 145 of the Code. In addition, for purposes of this Section 8.02, the District includes all governmental units of which the District is a "subordinate entity" and governmental units which are "subordinate entities" of the District, within the meaning of Section 265(b)(3)(E) of the Code. SECTION 8.03: ALLOCATION OF, AND LIMITATION ON, EXPENDITURES, The District covenants to account for the expenditure of the proceeds of the sale of the Bonds and investment earnings to be used for the purposes for which the Bonds are issued on its books and records by allocating proceeds to expenditures within 18 months of the later of the date that (1) the expenditure is made, or (2) the facilities to be constructed and/or purchased with the proceeds of the Bonds are completed. The foregoing notwithstanding, the District shall make such allocation in any event by the date 60 days after the earlier of (1) the fifth anniversary of the delivery of the Bonds, or (2) the date the Bonds are retired. For purposes of determining compliance with this covenant the District and its officers, agents and representatives may rely upon an opinion of nationally recognized bond counsel or tax counsel to the effect that the proposed actions or omissions of the District will not adversely affect the exclusion of interest on the Bonds from gross income for federal income tax purposes. SECTION 8.04: DISPOSITION OF FACILITIES. The District covenants that the property constituting the facilities to be constructed and/or purchased with the proceeds of the Bonds will not be sold or otherwise disposed of, except to the City of College Station, Texas, in a transaction resulting in the receipt by the District of cash or other compensation unless the District obtains an opinion of nationally recognized bond counsel or tax counsel to the effect that the proposed actions of the District will not adversely affect the exclusion of interest on the Bonds from gross income for federal income tax purposes. For purposes of the foregoing, the portion of the property comprising personal property and disposed of in the ordinary course shall not be treated as a transaction resulting in the receipt of cash or other compensation. (End of Article Eight) 8-4 ARTICLE NINE ADDITIONAL BONDS AND REFUNDING BONDS SECTION 9.01: ADDITIONAL BONDS. The District expressly reserves the right to issue, in one or more installments, any Additional Bonds for authorized purposes, including, without limitation: (a) the remaining unissued bonds which were authorized at the election described in Section 1.05 (b) and (c) of this Order; and (b) such other bonds as the District may hereafter be authorized to issue from time to time. SECTION 9.02: REFUNDING BONDS. The District further reserves the right to issue refunding bonds including, without limitation, the refunding bonds which were authorized at the election described in Section 1.05 (d) of this Order, in any manner permitted by law to refund the Bonds and any Additional Bonds, at or prior to their respective Maturity Dates or on any Redemption Dates. (End of Article Nine) 9-1 ARTICLE TEN DEFAULT PROVISIONS SECTION 10.01: REMEDIES IN EVENT OF DEFAULT. In addition to any other rights and remedies provided by the laws of the State of Texas, the District covenants and agrees that in the event of default in the payment of the principal of or interest on any of the Bonds when due, or, in the event the District fails to make the payments required to be made into the Bond Fund Road Bond Account, or defaults in the observance or performance of any other of the covenants, conditions or obligations set forth in this Order, the Holders shall be entitled to seek a writ of mandamus issued by a court of competent jurisdiction compelling and requiring the District and the officials thereof to observe and perform the covenants, obligations or conditions prescribed in this Order. Any delay or omission in the exercise of any right or power accruing upon any default shall not impair any such right or power or be construed to be a waiver of any such default or acquiescence therein, and every such right and power may be exercised from time to time and as often as may be deemed expedient. SECTION 10.02: ORDER IS CONTRACT. In consideration of the purchase and acceptance of the Bonds by the Holders, the provisions of this Order shall be deemed to be and shall constitute a contract between the District and such Holders, and the covenants and agreements herein set forth to be performed on behalf of the District shall be for the equal benefit, protection and security of each of such Holders. Each of the Bonds, regardless of the time or times of their issue, authentication, registration, delivery or maturity, shall be of equal rank, without preference, priority or distinction of any Bond over any other, except as expressly provided herein. (End of Article Ten) 10-1 ARTICLE ELEVEN CONTINUING DISCLOSURE SECTION 11.01: DEFINITIONS. As used in this Article, the following terms have the meanings ascribed to them below: The term "MSRB" means the Municipal Securities Rulemaking Board. The term "obligated person" has the meaning assigned to such term in the Rule. The term "Offering" has the meaning assigned to such term in the Rule. The term "Rule" means SEC Rule 15c2-12 and any regulations promulgated thereunder, all as amended from time to time. The term "SEC" means the United States Securities and Exchange Commission. The term "Significant Developer" means College Station Town Center, Inc., a Texas corporation, and College Station Downtown Residential, LLC, a Texas limited liability company (collectively, "Developer") and any Person to whom the Developer voluntarily assigns (except as collateral) the right to receive a payment out of the proceeds from the sale of the Bonds, and each other Person, if any, to whom the District voluntarily makes or agrees or has agreed to make a payment out of such proceeds, but only if and for so long as (a) the Developer, or such other Person has an agreement with the District to receive proceeds of the Bonds and (1) is an owner of real or personal property within the District aggregating at least twenty percent (20%) of the assessed valuation of all taxable property within the District, as reflected by the most recently certified tax rolls of the District, (2) is an owner of real or personal property within the District who (for the current tax year) contributes at least twenty percent (20%) of the debt service requirements of the District for the following year in respect of the Bonds through taxes, standby fees or any other form of payment or contribution, or (3) is an owner of real or personal property within the District who through a contractual agreement or other arrangement with or for the benefit of the District, has guaranteed at least twenty percent (20%) of the construction costs of the District's facilities to be financed with the proceeds of the Bonds; or (b) the Developer or such other Person has a majority ownership interest in and an agreement with a Person described in (a)(2) above to pay or assume primary liability for the payments described therein. SECTION 11.02: ANNUAL REPORTS. The offering of the Bonds qualifies for the Rule 15c2-12(d)(2) exemption from Rule 15c2-12(b)(5) regarding the District's continuing disclosure obligations because the District does not have more than $10,000,000 in aggregate amount of outstanding bonds, including the Bonds, and no Person is committed by contract or other arrangement with respect to payment of all, or part of, the Bonds. As required by the exemption, the District shall provide within six (6) months after the end of each Fiscal Year ending in or after 2021 to the MSRB, in an electronic format as prescribed by the MSRB, financial information and operating data with respect to the District and each Significant Developer, but only if, as, when and to the extent actually received by the District, of the general type included in the District's final Official Statement prepared and distributed in connection with the Bonds, being the information described in Exhibit "C" attached hereto. Any financial statements to be so provided shall be (i) prepared in accordance with the accounting principles, described in Exhibit "C" hereto, and (ii) audited, if the District and/or a Significant Developer commissions an audit of such statements and such audit is completed within the period during which they must be provided hereunder. If any such audit is not completed within such period, then the District shall provide such audited financial statements for the applicable Fiscal Year to the MSRB when and if such audit report becomes available. If the District changes its Fiscal Year, the District 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 11.02. The District shall notify the MSRB, in a timely manner, of any failure of the District to provide financial information or operating data in accordance with this Section 11.02 by the time required herein. All documents provided to the MSRB pursuant to this Section 11.02 shall be accompanied by identifying information as prescribed by the MSRB. SECTION 11.03: EVENT NOTICES. The District shall notify the MSRB, in an electronic format as prescribed by the MSRB, in a timely manner not in excess of ten (10) business days after the occurrence of the event, of any of the following events with respect to the Bonds: (a) Principal and interest payment delinquencies; (b) Non-payment related defaults, if material within the meaning of the federal securities laws; (c) Unscheduled draws on debt service reserves reflecting financial difficulties; (d) Unscheduled draws on credit enhancements reflecting financial difficulties; (e) Substitution of credit or liquidity providers, or their failure to perform; (f) Adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notice of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax-exempt status of the Bonds, or other material events affecting the tax-exempt status of the Bonds; (g) Modifications to the rights of the Holders of the Bonds, if material within the meaning of the federal securities laws; (h) Calls for redemption of the Bonds, if material within the meaning of the federal securities laws, and tender offers; (i) Defeasances of the Bonds; 11-2 (j) Release, substitution or sale of property securing repayment of the Bonds, if material within the meaning of the federal securities laws; (k) Rating changes; (1) Bankruptcy, insolvency, receivership or similar event of the District or other obligated person; (m) The consummation of a merger, consolidation, or acquisition involving the District or other obligated person or the sale of all or substantially all of the assets of the District or other obligated person, other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material within the meaning of the federal securities laws; (n) Appointment of a successor or additional trustee or the change of name of a trustee, if material within the meaning of the federal securities laws; (o) Incurrence of a Financial Obligation of the District or other obligated person, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a Financial Obligation of the District or other obligated person, any of which affect security holders, if material; and Default, event of acceleration, termination event, modification of terms, or other similar events under the terms of a Financial Obligation of the District or other obligated person, any of which reflect financial difficulties. (p) As used in clauses (o) and (p) above, the term "Financial Obligation" means: (i) a debt obligation; (ii) a derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) a guarantee of (i) or (ii) however, the term Financial Obligation shall not include Municipal Securities as to which a final official statement has been provided to the MSRB consistent with the Rule; the term "Municipal Securities" means securities which are direct obligations of, or obligations guaranteed as to principal or interest by, a state or any political subdivision thereof, or any agency or instrumentality of a state or any political subdivision thereof, or any municipal corporate instrumentality of one or more states and any other Municipal Securities described by Section 3(a)(29) of the Securities Exchange Act of 1934, as the same may be amended from time to time. The Board of Directors intends the words used in clauses (o) and (p) above and in the definition of Financial Obligation to have the meanings ascribed to them in SEC Release No. 34-83885, dated August 20, 2018. SECTION 11.04: 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 call for redemption of the Bonds or defeasance of the Bonds, in whole or in 11-3 substantial part, made in accordance with this Order or applicable law that causes such Bonds to no longer be outstanding. (b) The provisions of this Article are for the sole benefit of the Holders and beneficial owners of the Bonds, and nothing herein, expressed or implied, shall be deemed to confer any benefit or any legal or equitable right, remedy or claim hereunder upon 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, conditions or prospects of the District or any Significant Developer, nor does the District 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 to sell Bonds at any future date. (c) UNDER NO CIRCUMSTANCES SHALL THE DISTRICT BE LIABLE TO THE HOLDER OR BENEFICIAL OWNERS OF ANY BOND OR ANY OTHER PERSON, IN CONTRACT OR IN 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 ARTICLE, BUT EVERY RIGHT AND REMEDY, IN CONTRACT OR IN TORT, FOR OR ON ACCOUNT OF ANY SUCH BREACH, SHALL BE LIMITED TO AN ACTION BY THE HOLDER FOR MANDAMUS OR SPECIFIC PERFORMANCE. THE DISTRICT AGREES TO USE REASONABLE DILIGENCE TO OBTAIN FROM EACH SIGNIFICANT DEVELOPER THE INFORMATION IT HAS AGREED HEREIN TO PROVIDE; PROVIDED, HOWEVER, THE DISTRICT SHALL, IN ITS SOLE DISCRETION DETERMINE WHETHER TO INSTITUTE OR PURSUE LEGAL OR ADMINISTRATIVE PROCEEDINGS TO COMPEL THE FURNISHING OF ANY REQUIRED INFORMATION TO THE DISTRICT (d) No default by the District in observing or performing its obligations under this Article shall constitute a breach of or default under this Order for purposes of any other provision of this Order. (e) Nothing in this Article is intended or shall act to disclaim, waive or otherwise limit the duties of the District under applicable federal and state securities laws. (f) Should the Rule be amended to obligate the District to make filings with or provide notices to entities other than the MSRB, the District hereby agrees to undertake such obligations with respect to the Bonds in accordance with the Rule as amended. (g) Except as provided hereinafter, the provisions of this Article may be amended by the District from time to time, in its discretion, to adapt to changed circumstances that arise from a change in law, the identity, nature, status or type of operations of the District or any Significant Developer, or other circumstances, but only if (i) the provisions of this Article, as so amended, would have permitted an underwriter to purchase or sell the Bonds in a primary offering of the Bonds in compliance with the Rule, taking into account any amendments or interpretations of the 11-4 Rule to the date of such amendment, as well as such changed circumstances, and (ii) either (A) the Holders of a majority in aggregate principal amount (or any greater amount required by any other provision of this Order that authorizes such an amendment) of the outstanding Bonds consent to such amendment, or (B) a Person that is unaffiliated with the District (such as nationally recognized bond counsel) determines that such amendment will not materially impair the interests of the Holders and beneficial owners of the Bonds. If this Article is so amended, the District shall include with any amended financial information or operating data next provided in accordance with this Article an explanation, in narrative form, of the reasons for the amendment and of the impact of any change in the type of financial information or operating data so provided. Notwithstanding the foregoing, the District may also repeal or amend the provisions of this Article if the SEC amends or repeals the applicable provisions of the Rule or if any court of final jurisdiction enters judgment that such provisions of the Rule are invalid, but, in either case, only if and to the extent that any such amendment or repeal by the District would not prevent an underwriter from lawfully purchasing or selling the Bonds in the primary offering of the Bonds. (End of Article Eleven) 11-5 ARTICLE TWELVE MISCELLANEOUS PROVISIONS SECTION 12.01: PAYMENT OF BONDS AND PERFORMANCE OF OBLIGATIONS. The District covenants to pay promptly the principal of and the 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, the Initial Bonds or in any Bond executed, authenticated, registered and delivered hereunder. SECTION 12.02: DISTRICT'S SUCCESSORS AND ASSIGNS. Whenever in this Order the District is named and referred to, such naming or reference shall be deemed to include the District's 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 the District's successors and assigns, whether or not so expressed. SECTION 12.03: NO RECOURSE AGAINST DISTRICT OFFICERS. No recourse shall be had for the payment of the principal of or interest on the Bonds or for any claim based thereon or on this Order against any officer of the District or any Person executing the Bonds. SECTION 12.04: PAYING AGENT MAY OWN BONDS. The Paying Agent, in its individual or any other capacity, may become the owner or pledgee of the Bonds with the same rights it would have if it were not Paying Agent. SECTION 12.05: REGISTRAR. The initial Registrar in respect of the Bonds shall be The Bank of New York Mellon Trust Company, N.A. with its principal corporate trust office and its principal payment office in Dallas, Texas. The District will maintain at least one Registrar in the State of Texas, where the Bonds may be surrendered for registration of transfer and/or for exchange or replacement for other Bonds, and for the purpose of maintaining the Register on behalf of the District. The Registrar shall at all times be a duly qualified and competent trust or banking corporation or association organized and doing business under the laws of the United States of America, or of any State thereof, with a combined capital and surplus of at least $25,000,000, which is subject to supervision of or examination by federal or State banking authorities, and which is a transfer agent duly registered with the United States Securities and Exchange Commission. The District, by order, resolution or other appropriate action, reserves the right and authority to change any Registrar or to appoint additional Registrars, and upon any such change or appointment, the District covenants and agrees to promptly cause written notice thereof, specifying the name and address of such changed or additional Registrar, to be sent to each Holder of the Bonds by United States mail, first class, postage prepaid. SECTION 12.06: PAYING AGENT. The initial Paying Agent in respect of the Bonds shall be The Bank of New York Mellon Trust Company, N.A. with its principal corporate trust office and its principal payment office in Dallas, Texas. To the extent practicable, the District will maintain in the State of Texas, at least one (1) duly qualified and competent trust or banking 12-1 corporation or association organized and doing business under the laws of the United States of America, or of any State thereof, where the Bonds may be presented or surrendered for payment of principal. The District, by order, resolution or other appropriate action, reserves the right and authority to change any Paying Agent or to appoint additional Paying Agents, and upon any such change or appointment, the District covenants and agrees to promptly cause written notice thereof, specifying the name and address of such changed or additional Paying Agent, to be sent to each Holder of the Bonds by United States mail, first class, postage prepaid. SECTION 12.07: DISCHARGE BY DEPOSIT. The District may discharge its obligation to the Holders to pay the principal of and the interest on the Bonds and may defease the Bonds in accordance with the provisions of then applicable law, including, without limitation, V.T.C.A. Government Code § 1207.001 et seq., as amended. SECTION 12.08: LEGAL HOLIDAYS. In any case when any Interest Payment Date, Maturity Date or Redemption Date for any Bond is not a Business Day, then payment by the Paying Agent of such principal, interest or redemption price need not be made on such day, but may be made on the next succeeding Business Day with the same force and effect as if made on the scheduled Interest Payment Date, Maturity Date or Redemption Date, and no further interest shall accrue beyond such scheduled date. SECTION 12.09: ESCHEAT LAWS. Notwithstanding any part or provision of the Bonds or this Order to the contrary, the powers, rights, duties, functions and responsibilities of the District, the Paying Agent, the Registrar, the Initial Purchaser, and the Holders shall at all times conform and be subject to the requirements, limitations, procedures and provisions of Title 6, Texas Property Code, as now and hereafter amended, and in case of any conflict or inconsistency therewith now existing or hereafter created, the provisions of such laws shall prevail and control, and the provisions of this Order and the Bonds shall be deemed to be supplemented or amended to conform thereto. SECTION 12.10: BENEFITS OF ORDER. Nothing in this Order or in the Bonds, expressed or implied, shall give or be construed to give any Person, other than the District; the Paying Agent; the Registrar; if applicable, the municipal bond insurance company; and the Holders, any legal or equitable right or claim under or in respect of this Order, or under any covenant, condition or provision herein contained, and all the covenants, conditions and provisions contained in this Order or in the Bonds shall be for the sole benefit of the District, the Paying Agent; the Registrar; if applicable, the municipal bond insurance company; and the Holders. SECTION 12.11: 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 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 12.12: ACCOUNTING. The District will keep proper records and accounts regarding the levy and collection of taxes, which records and accounts will be made 12-2 available to any Holder on reasonable request. Each year while any of the Bonds are outstanding, the District shall have an audit of its books and accounts performed by a certified public accountant or firm of certified public accountants, based on its Fiscal Year, and copies of such audits will be made available to any Holder upon request and upon payment by such Holder of the reasonable costs to the District of providing same. SECTION 12.13: NOTICE. Except as otherwise expressly provided herein, 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 deposited in the United States mail, first class postage prepaid, and addressed to the Person to be notified and, with respect to notice to any Holder shall be addressed to the latest address shown on the Register. SECTION 12.14: FURTHER PROCEEDINGS. The President, Vice President, Secretary and any Assistant Secretary of the Board of Directors and other appropriate officials of the District are hereby authorized and directed to do any and all things necessary and/or convenient to carry out the terms of this Order, including, without limitation, the execution of this Order and other documentation required in connection herewith and with the issuance of the Bonds. Further, the District's Bond Counsel and financial advisor shall be authorized to prepare written instructions to the Paying Agent, on behalf of the District, for the disbursement and/or deposit of Net Proceeds to pay expenses incident to the issuance of the Bonds. SECTION 12.15: AMENDMENT OF ORDER. The District may, without the consent of or notice to any Holder of the Bonds, amend, change or modify this Order as may be required (a) by the provisions hereof (including, without limitation, Article Eleven hereof); (b) for the purpose of curing any ambiguity, inconsistency, or formal defect or omission herein; or (c) in connection with any other change which is not to the prejudice of the Holders of the Bonds. Except for such amendments, changes or modifications, the District shall not amend, change or modify this Order in any manner without the consent of the Holders of all the Bonds then outstanding in any manner, which would (a) extend the time or times of payment of the principal of and interest on the Bonds, or reduce the principal amount thereof or the rate or interest thereon or in any way modify the terms or sources of payment of the principal of or interest on the Bonds; (b) create any lien ranking prior to the lien of the Bonds; (c) give preference of any Bond over any other Bonds; or (d) extend any waiver of default to subsequent defaults. (End of Article Twelve) 12-3 ARTICLE THIRTEEN SALE OF BONDS SECTION 13.01: SALE OF BONDS. Sale of the Bonds is hereby awarded to Hilltop Securities Inc. (the "Initial Purchaser"), for the sum of $2,443,348.70, plus accrued interest on the Bonds from the Initial Date to the date of delivery, subject to the issuance of an approving opinion as to legality of the Initial Bonds of the Attorney General of Texas and of Bond Counsel for the District. It is hereby found and declared that the bid of the Initial Purchaser produces the lowest net effective interest rate to the District and is the best obtained for the Bonds pursuant to and after taking sealed, competitive public bids therefor, as required by law, and that the net effective interest rate resulting from said bid is 2.873524% which is less than the maximum of 4.44% permitted by the District's Official Notice of Sale. It is hereby further found and declared that the terms of the sale of the Bonds are in the District's best interests. SECTION 13.02: NOTICE OF SALE. It is hereby affirmatively found and declared that notice of the time and place of this sale and the details concerning the sale of the Bonds was given by publishing an appropriate notice of sale: (a) at least one (1) time not less than ten (10) days before the date of sale in a newspaper of general circulation in the county in which the District is located; and (b) at least one (1) time in a recognized financial publication of general circulation in the State of Texas, as approved by the Attorney General of Texas. (End of Article Thirteen) 13-1 ARTICLE FOURTEEN OPEN MEETING AND EFFECTIVE DATE SECTION 14.01: OPEN MEETING. The Board of Directors officially finds, determines and declares that this Order was reviewed, considered and adopted at a meeting of the Board of Directors beginning at 2:00 p.m., College Station, Texas time on March 11, 2021, via telephone conference call pursuant to Texas Government Code, Section 551.125, as amended, and as modified by the temporary suspension of various provisions thereof effective March 16, 2020, by the Governor of Texas in accordance with the Texas Disaster Act of 1975, all as related to the Governor's proclamation on March 13, 2020, certifying that the COVID-19 pandemic poses an imminent threat of disaster and declaring a state of disaster for all counties in Texas; and that sufficient written notice of the time and purpose of the meeting, including instructions regarding access and participation in the meeting via telephone conference call and notice that this Order would be introduced and considered for adoption at the meeting was provided as required by Chapter 551, Texas Government Code, as amended, and Section 49.063 of the Texas Water Code, as amended, and as modified by the temporary suspension of various provisions thereof by the foregoing proclamation issued by the Governor of the State of Texas; and that this meeting has been open to the public, as required by law, at all times during which this Order and the subject matter hereof has been discussed, considered and acted upon. The Board of Directors further ratifies, approves and confirms such written notice and the contents and posting thereof. SECTION 14.02: EFFECTIVE DATE OF ORDER. This Order shall take effect and be in full force and effect upon and after its passage. PASSED AND ADOPTED the l lth day of March, 2021. President, Board of Directors Rock Prairie Management District No. 2 ATTEST: S ary, Board of Directors Rock Prairie Management District No. 2 (End of Article Fourteen) 14-1 ARTICLE THIRTEEN SALE OF BONDS SECTION 13.01: SALE OF BONDS. Sale of the Bonds is hereby awarded to Hilltop Securities Inc. (the "Initial Purchaser"), for the sum of $2,443,348.70, plus accrued interest on the Bonds from the Initial Date to the date of delivery, subject to the issuance of an approving opinion as to legality of the Initial Bonds of the Attorney General of Texas and of Bond Counsel for the District. It is hereby found and declared that the bid of the Initial Purchaser produces the lowest net effective interest rate to the District and is the best obtained for the Bonds pursuant to and after taking sealed, competitive public bids therefor, as required by law, and that the net effective interest rate resulting from said bid is 2.873524% which is less than the maximum of 4.44% permitted by the District's Official Notice of Sale. It is hereby further found and declared that the terms of the sale of the Bonds are in the District's best interests. SECTION 13.02: NOTICE OF SALE. It is hereby affirmatively found and declared that notice of the time and place of this sale and the details concerning the sale of the Bonds was given by publishing an appropriate notice of sale: (a) at least one (1) time not less than ten (10) days before the date of sale in a newspaper of general circulation in the county in which the District is located; and (b) at least one (1) time in a recognized financial publication of general circulation in the State of Texas, as approved by the Attorney General of Texas. (End of Article Thirteen) 13-1 ARTICLE FOURTEEN OPEN MEETING AND EFFECTIVE DATE SECTION 14.01: OPEN MEETING. The Board of Directors officially finds, determines and declares that this Order was reviewed, considered and adopted at a meeting of the Board of Directors beginning at 2:00 p.m., College Station, Texas time on March 11, 2021, via telephone conference call pursuant to Texas Government Code, Section 551.125, as amended, and as modified by the temporary suspension of various provisions thereof effective March 16, 2020, by the Governor of Texas in accordance with the Texas Disaster Act of 1975, all as related to the Governor's proclamation on March 13, 2020, certifying that the COVID-19 pandemic poses an imminent threat of disaster and declaring a state of disaster for all counties in Texas; and that sufficient written notice of the time and purpose of the meeting, including instructions regarding access and participation in the meeting via telephone conference call and notice that this Order would be introduced and considered for adoption at the meeting was provided as required by Chapter 551, Texas Government Code, as amended, and Section 49.063 of the Texas Water Code, as amended, and as modified by the temporary suspension of various provisions thereof by the foregoing proclamation issued by the Governor of the State of Texas; and that this meeting has been open to the public, as required by law, at all times during which this Order and the subject matter hereof has been discussed, considered and acted upon. The Board of Directors further ratifies, approves and confirms such written notice and the contents and posting thereof SECTION 14.02: EFFECTIVE DATE OF ORDER. This Order shall take effect and be in full force and effect upon and after its passage. PASSED AND ADOPTED the l lth day of March, 2021. ATTEST: /s/ Jonathan Stark Secretary, Board of Directors Rock Prairie Management District No. 2 (SEAL) 571728v4 /s/ Uri Geva President, Board of Directors Rock Prairie Management District No. 2 (End of Article Fourteen) 14-1 EXHIBIT "A" (FORM OF INITIAL BOND) REGISTERED REGISTERED NUMBER AMOUNT IR- UNITED STATES OF AMERICA $ STATE OF TEXAS COUNTY OF BRAZOS ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 UNLIMITED TAX ROAD BOND SERIES 2021 Interest Rate: Maturity Date: Initial Date: % September 1, April 1, 2021 CUSIP NO.: ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2, a conservation and reclamation district, a body politic and corporate and a governmental agency and political subdivision created under the Constitution and laws of the State of Texas, situated in Brazos County, Texas (the "District"), FOR VALUE RECEIVED hereby acknowledges itself indebted to and PROMISES TO PAY TO CEDE & CO. or registered assigns, on the due date specified above, the principal sum of DOLLARS (or so much thereof as shall not have been paid or deemed to have been paid upon prior redemption), and to pay interest thereon from the later of the initial date specified above or the most recent Interest Payment Date (hereinafter defined) to which interest has been paid or duly 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. Interest hereon is payable semiannually on September 1 and March 1 (individually, an "Interest Payment Date") of each year, commencing on September 1, 2021, until the maturity or redemption date of this Bond, as provided in the order of the Board of Directors of the District duly adopted on March 11, 2021 (the "Bond Order"), authorizing the issuance of this Bond, to the person in whose name this Bond is registered at the close of business on the 15th day (whether or not a business day) of the calendar month next preceding such Interest Payment Date (the "Record Date"). Principal of this Bond due at maturity or upon prior redemption is payable in any coin or currency of the United States of America which, on the date A-1 of payment, is legal tender for the payment of debts due the United States of America, upon presentation and surrender of this Bond at the designated office of the agency selected by the District for such purpose (the "Paying Agent"). Except at maturity, interest on, or mandatory redemption payments, if any, in respect of, this Bond are payable by mailing of a check of the Paying Agent for such interest payable to, or upon written order of, the registered owner hereof at the address shown on the registry books maintained on behalf of the District by a trust or banking corporation or association selected by the District for such purpose (the "Registrar"), or by such other customary banking arrangements as may be acceptable to the Paying Agent and the registered owner hereof, at the risk and expense of the registered owner hereof. The initial Registrar and Paying Agent shall be The Bank of New York Mellon Trust Company, N.A., having its principal corporate trust office and its principal payment office in Dallas, Texas. THIS BOND IS ONE OF AN AUTHORIZED ISSUE OF BONDS, aggregating Two Million Five Hundred Thousand and No/100 Dollars ($2,500,000.00) (the "Bonds"), issued for the purpose or purposes of purchasing, constructing, acquiring, owning, operating, repairing, improving, or extending road facilities or facilities in aid thereof, including, but not limited to, all additions thereto and all land, improvements, facilities, equipment, appliances, interests in property and contract rights needed therefor, and administrative facilities needed in connection therewith, by authority of an election held within and for the District on November 3, 2015, and pursuant to the Bond Order and under and in strict conformity with the Constitution and laws of the State of Texas. THE TRANSFER OF THIS BOND may be accomplished by due execution of the provisions for assignment hereon and is registerable at the designated office of the Registrar by the registered owner hereof, or by his or her duly authorized representative, but only in the manner and subject to the limitations provided in the Bond Order, and only upon surrender of this Bond. Upon any such registration of transfer, one or more exchange Bonds, in authorized denominations, for a like interest rate and aggregate principal amount, shall be authenticated by the Registrar and registered and delivered or sent by United States mail, first class, postage prepaid, to the transferee in exchange therefor. This Bond, with or without others of like form and series, may in like manner be exchanged for one or more registered bonds of other authorized denominations at the same interest rate and in the same aggregate principal amount. No service charge shall be made for any such transfer or exchange, but the District and/or the Registrar may impose a charge sufficient to defray any tax or governmental charge in connection therewith. THE BONDS ISSUED AS TERM BONDS and scheduled to mature on September 1, 2040, 2045 and 2050, are subject to mandatory redemption, prior to said scheduled Maturity Dates, and shall be redeemed, by lot or by other customary method, on September 1 in each of the years and in the principal amounts set forth in the following table (subject to reductions of such principal amounts attributable to prior optional redemptions of such Term Bonds by the District, as provided in the Bond Order), plus accrued interest on said principal amounts: A-2 Year of Principal Redemption Amount 2036 $ 75,000 2037 $ 80,000 2038 $ 80,000 2039 $ 85,000 2040 (Maturity) $ 90,000 2041 $ 90,000 2042 $ 95,000 2043 $100,000 2044 $100,000 2045 (Maturity) $105,000 2046 $110,000 2047 $115,000 2048 $120,000 2049 $125,000 2050 (Maturity) $130,000 THE DISTRICT RESERVES THE RIGHT, AT ITS OPTION, TO REDEEM the Bonds of this issue maturing on or after September 1, 2028, in whole or, from time to time, in part, prior to their scheduled maturities, on September 1, 2027, or on any date thereafter, at a price equal to the principal amount thereof to be redeemed, plus accrued interest on said principal amount to be redeemed to the date fixed for redemption. In the event that a Serial Bond subject to redemption is in a denomination larger than $5,000, a portion of such Serial Bond may be redeemed, but only in a principal amount equal to $5,000, or an integral multiple thereof, and only upon the delivery of one or more exchange Serial Bonds of the same interest rate and in aggregate principal amount equal to the unredeemed portion of the Serial Bond so redeemed in part. If less than all of the outstanding principal amount of a Term Bond is to be redeemed, the District may determine and notify the Paying Agent of the reduction in the remaining mandatory redemption amount(s) of such Term Bond as result from such optional redemption. NOTICE OF REDEMPTION will be given by mailing same to the registered owners of the Bonds to be redeemed, in whole or in part, at least thirty (30) days prior to the date fixed for redemption. By the date fixed for redemption, due provision will have been made with the Paying Agent for payment of the principal amount of the Bonds so called for redemption, plus accrued interest thereon to the date fixed for redemption. When Bonds have been called for redemption, in whole or in part, and due provision has been made to redeem same, such Bonds, or the portions thereof so called for redemption, shall no longer be regarded as outstanding, except for the purpose of receiving payment from the funds provided for redemption, and the rights of the owners to collect interest which would otherwise accrue after the redemption date on the principal of the Bonds, or the portions thereof so called for redemption, will be terminated. NEITHER THE DISTRICT NOR THE REGISTRAR SHALL BE REQUIRED to transfer or exchange any Bond on any date subsequent to a Record Date and prior to the next succeeding Interest Payment Date, or during any period beginning fifteen (15) calendar days prior to, and A-3 ending on the date of, the mailing of any notice of redemption prior to maturity; nor shall the District or the Registrar be required to transfer or exchange any Bond so selected for redemption, in whole or in part, when such redemption is scheduled to occur within thirty (30) calendar days thereafter. PRIOR TO DUE PRESENTATION OF THIS BOND FOR REGISTRATION OF TRANSFER, the District, the Paying Agent and the Registrar may deem and treat the registered owner hereof as the absolute owner of this Bond (whether or not this Bond shall be overdue and notwithstanding any notation of ownership or other writing hereon) for the purpose of receiving payment hereof, or on account hereof, and interest due hereon, and for all other purposes, and neither the District, the Paying Agent nor the Registrar shall be bound or affected by any notice to the contrary. THE DISTRICT HAS DESIGNATED THE BONDS AS "qualified tax-exempt obligations" pursuant to the provisions of Section 265(b) of the Internal Revenue Code of 1986 in effect on the date of the issuance of the Bonds. THIS BOND, AND THE OTHER BONDS OF THE SERIES OF WHICH IT IS A PART, are payable from the proceeds of an ad valorem tax levied without legal limitation as to rate or amount upon all taxable property within the District. Reference is hereby made to the Bond Order for a complete description of: the terms, covenants and provisions pursuant to which this Bond and said series of Bonds are secured and made payable; the respective rights thereunder of the registered owners of the Bonds and of the District, the Paying Agent and the Registrar; the terms upon which the Bonds are, and are to be, registered and delivered; and any capitalized terms not otherwise defined herein. By acceptance of this Bond, the owner hereof expressly assents to all of the provisions of the Bond Order. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this Bond, and the series of Bonds of which it is a part, is duly authorized by law; that all acts, conditions, and things required to exist and to be done precedent to and in the issuance of this Bond and said series of Bonds to render the same lawful and valid have been properly done and performed and have happened in regular and due time, form and manner, as required by law; that due provision has been made for the payment of the interest on and the principal of this Bond and the series of Bonds of which it is a part by the levy of a direct, annual ad valorem tax upon all taxable property within the District sufficient for said purposes; and that the issuance of this Bond and said series of Bonds does not exceed any constitutional or statutory limitation. UNLESS AND UNTIL A CERTIFICATE OF REGISTRATION of the Comptroller of Public Accounts of the State of Texas has been manually executed hereon by such Comptroller (or a duly authorized deputy), as provided in the Bond Order, this Bond shall not be entitled to the benefit and security of the Bond Order nor be valid or obligatory for any purpose. A-4 IN WITNESS WHEREOF, ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 has caused this Bond to be executed by the manual or facsimile signatures of the President and Secretary of its Board of Directors and its official seal to be impressed or placed in facsimile hereon. ATTEST: By: Secretary, Board of Directors (SEAL) ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 By: President, Board of Directors A-5 OFFICE OF THE COMPTROLLER REGISTER NO. THE STATE OF TEXAS 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 said Attorney General as required by law, that said Attorney General finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and it is a valid and binding obligation of Rock Prairie Management District No. 2 and said Bond has this day been registered by me. WITNESS MY HAND AND SEAL OF OFFICE at Austin, Texas, Comptroller of Public Accounts of the State of Texas A-6 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 does hereby irrevocably constitute and appoint as attorney to transfer said Bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: The signature of the Registered Owner appearing on this Assignment is hereby verified as true and genuine and is guaranteed by: (Bank, Trust Company, or Brokerage Firm) By: (Authorized Representative) Registered Owner NOTICE: The signature on this Assignment must correspond in every particular with the name of the Registered Owner as it appears on the face of the within Bond. A-7 EXHIBIT "B" (FORM OF EXCHANGE BOND) REGISTERED REGISTERED NUMBER AMOUNT R- UNITED STATES OF AMERICA $ STATE OF TEXAS COUNTY OF BRAZOS ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 UNLIMITED TAX ROAD BOND SERIES 2021 Interest Rate: Maturity Date: Initial Date: % September 1, April 1, 2021 CUSIP NO.: ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2, a conservation and reclamation district, a body politic and corporate and a governmental agency and political subdivision created under the Constitution and laws of the State of Texas, situated in Brazos County, Texas (the "District"), FOR VALUE RECEIVED hereby acknowledges itself indebted to and PROMISES TO PAY TO CEDE & CO. or registered assigns, on the due date specified above, the principal sum of DOLLARS (or so much thereof as shall not have been paid or deemed to have been paid upon prior redemption), and to pay interest thereon from the later of the initial date specified above or the most recent Interest Payment Date (hereinafter defined) to which interest has been paid or duly 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. Interest hereon is payable semiannually on September 1 and March 1 (individually, an "Interest Payment Date") of each year, commencing on September 1, 2021, until the maturity or redemption date of this Bond, as provided in the order of the Board of Directors of the District duly adopted on March 11, 2021 (the "Bond Order"), authorizing the issuance of this Bond, to the person in whose name this Bond is registered at the close of business on the 15th day (whether or not a business day) of the calendar month next preceding such Interest Payment Date (the "Record Date"). Principal of this Bond due at maturity or upon prior redemption is payable in any coin or currency of the United States of America which, on the date B-1 of payment, is legal tender for the payment of debts due the United States of America, upon presentation and surrender of this Bond at the designated office of the agency selected by the District for such purpose (the "Paying Agent"). Except at maturity, interest on, or mandatory redemption payments, if any, in respect of, this Bond are payable by mailing of a check of the Paying Agent for such interest payable to, or upon written order of, the registered owner hereof at the address shown on the registry books maintained on behalf of the District by a trust or banking corporation or association selected by the District for such purpose (the "Registrar"), or by such other customary banking arrangements as may be acceptable to the Paying Agent and the registered owner hereof, at the risk and expense of the registered owner hereof. The initial Registrar and Paying Agent shall be The Bank of New York Mellon Trust Company, N.A., having its principal corporate trust office and its principal payment office in Dallas, Texas. THIS BOND IS ONE OF AN AUTHORIZED ISSUE OF BONDS, aggregating Two Million Five Hundred Thousand and No/100 Dollars ($2,500,000.00) (the "Bonds"), issued for the purpose or purposes of purchasing, constructing, acquiring, owning, operating, repairing, improving, or extending road facilities or facilities in aid thereof, including, but not limited to, all additions thereto and all land, improvements, facilities, equipment, appliances, interests in property and contract rights needed therefor, and administrative facilities needed in connection therewith, by authority of an election held within and for the District on November 3, 2015, and pursuant to the Bond Order and under and in strict conformity with the Constitution and laws of the State of Texas. THE TRANSFER OF THIS BOND may be accomplished by due execution of the provisions for assignment hereon and is registerable at the designated office of the Registrar by the registered owner hereof, or by his or her duly authorized representative, but only in the manner and subject to the limitations provided in the Bond Order, and only upon surrender of this Bond. Upon any such registration of transfer, one or more exchange Bonds, in authorized denominations, for a like interest rate and aggregate principal amount, shall be authenticated by the Registrar and registered and delivered or sent by United States mail, first class, postage prepaid, to the transferee in exchange therefor. This Bond, with or without others of like form and series, may in like manner be exchanged for one or more registered bonds of other authorized denominations at the same interest rate and in the same aggregate principal amount. No service charge shall be made for any such transfer or exchange, but the District and/or the Registrar may impose a charge sufficient to defray any tax or governmental charge in connection therewith. THE BONDS ISSUED AS TERM BONDS and scheduled to mature on September 1, 2040, 2045 and 2050, are subject to mandatory redemption, prior to said scheduled Maturity Dates, and shall be redeemed, by lot or by other customary method, on September 1 in each of the years and in the principal amounts set forth in the following table (subject to reductions of such principal amounts attributable to prior optional redemptions of such Term Bonds by the District, as provided in the Bond Order), plus accrued interest on said principal amounts: B-2 Year of Principal Redemption Amount 2036 $ 75,000 2037 $ 80,000 2038 $ 80,000 2039 $ 85,000 2040 (Maturity) $ 90,000 2041 $ 90,000 2042 $ 95,000 2043 $100,000 2044 $100,000 2045 (Maturity) $105,000 2046 $110,000 2047 $115,000 2048 $120,000 2049 $125,000 2050 (Maturity) $130,000 THE DISTRICT RESERVES THE RIGHT, AT ITS OPTION, TO REDEEM the Bonds of this issue maturing on or after September 1, 2028, in whole or, from time to time, in part, prior to their scheduled maturities, on September 1, 2027, or on any date thereafter, at a price equal to the principal amount thereof to be redeemed, plus accrued interest on said principal amount to be redeemed to the date fixed for redemption. In the event that a Serial Bond subject to redemption is in a denomination larger than $5,000, a portion of such Serial Bond may be redeemed, but only in a principal amount equal to $5,000, or an integral multiple thereof, and only upon the delivery of one or more exchange Serial Bonds of the same interest rate and in aggregate principal amount equal to the unredeemed portion of the Serial Bond so redeemed in part. If less than all of the outstanding principal amount of a Term Bond is to be redeemed, the District may determine and notify the Paying Agent of the reduction in the remaining mandatory redemption amount(s) of such Term Bond as result from such optional redemption. NOTICE OF REDEMPTION will be given by mailing same to the registered owners of the Bonds to be redeemed, in whole or in part, at least thirty (30) days prior to the date fixed for redemption. By the date fixed for redemption, due provision will have been made with the Paying Agent for payment of the principal amount of the Bonds so called for redemption, plus accrued interest thereon to the date fixed for redemption. When Bonds have been called for redemption, in whole or in part, and due provision has been made to redeem same, such Bonds, or the portions thereof so called for redemption, shall no longer be regarded as outstanding, except for the purpose of receiving payment from the funds provided for redemption, and the rights of the owners to collect interest which would otherwise accrue after the redemption date on the principal of the Bonds, or the portions thereof so called for redemption, will be terminated. NEITHER THE DISTRICT NOR THE REGISTRAR SHALL BE REQUIRED to transfer or exchange any Bond on any date subsequent to a Record Date and prior to the next succeeding B-3 Interest Payment Date, or during any period beginning fifteen (15) calendar days prior to, and ending on the date of, the mailing of any notice of redemption prior to maturity; nor shall the District or the Registrar be required to transfer or exchange any Bond so selected for redemption, in whole or in part, when such redemption is scheduled to occur within thirty (30) calendar days thereafter. PRIOR TO DUE PRESENTATION OF THIS BOND FOR REGISTRATION OF TRANSFER, the District, the Paying Agent and the Registrar may deem and treat the registered owner hereof as the absolute owner of this Bond (whether or not this Bond shall be overdue and notwithstanding any notation of ownership or other writing hereon) for the purpose of receiving payment hereof, or on account hereof, and interest due hereon, and for all other purposes, and neither the District, the Paying Agent nor the Registrar shall be bound or affected by any notice to the contrary. THE DISTRICT HAS DESIGNATED THE BONDS AS "qualified tax-exempt obligations" pursuant to the provisions of Section 265(b) of the Internal Revenue Code of 1986 in effect on the date of the issuance of the Bonds. THIS BOND, AND THE OTHER BONDS OF THE SERIES OF WHICH IT IS A PART, are payable from the proceeds of an ad valorem tax levied without legal limitation as to rate or amount upon all taxable property within the District. Reference is hereby made to the Bond Order for a complete description of: the terms, covenants and provisions pursuant to which this Bond and said series of Bonds are secured and made payable; the respective rights thereunder of the registered owners of the Bonds and of the District, the Paying Agent and the Registrar; the terms upon which the Bonds are, and are to be, registered and delivered; and any capitalized terms not otherwise defined herein. By acceptance of this Bond, the owner hereof expressly assents to all of the provisions of the Bond Order. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this Bond, and the series of Bonds of which it is a part, is duly authorized by law; that all acts, conditions, and things required to exist and to be done precedent to and in the issuance of this Bond and said series of Bonds to render the same lawful and valid have been properly done and performed and have happened in regular and due time, form and manner, as required by law; that due provision has been made for the payment of the interest on and the principal of this Bond and the series of Bonds of which it is a part by the levy of a direct, annual ad valorem tax upon all taxable property within the District sufficient for said purposes; and that the issuance of this Bond and said series of Bonds does not exceed any constitutional or statutory limitation. UNLESS AND UNTIL A CERTIFICATE OF REGISTRATION of the Registrar has been manually executed by an authorized representative of the Registrar, as provided in the Bond Order, this Bond shall not be entitled to the benefit and security of the Bond Order nor be valid or obligatory for any purpose. IN WITNESS WHEREOF, ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 has caused this Bond to be executed by the manual or facsimile signatures of the President and B-4 Secretary of its Board of Directors and its official seal to be impressed or placed in facsimile hereon. ATTEST: By: Secretary, Board of Directors (SEAL) ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 By: President, Board of Directors B-5 CERTIFICATE OF REGISTRAR This is to certify that this Bond is one of the Bonds issued under the provisions of the within -mentioned Bond Order, and it is hereby further certified that this Bond has been authorized and delivered in conversion and exchange for, or in replacement of, a Bond, Bonds or portions thereof (or one or more prior conversion, exchange or replacement Bonds) originally issued by Rock Prairie Management District No. 2, approved by the Attorney General of Texas, and initially registered by the Comptroller of Public Accounts of the State of Texas. Registrar Dated: By: Authorized Signatory B-6 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 does hereby irrevocably constitute and appoint as attorney to transfer said Bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: The signature of the Registered Owner appearing on this Assignment is hereby verified as true and genuine and is guaranteed by: (Bank, Trust Company, or Brokerage Firm) By: (Authorized Representative) Registered Owner NOTICE: The signature on this Assignment must correspond in every particular with the name of the Registered Owner as it appears on the face of the within Bond. [The legal opinion of Bond Counsel shall also be attached to the Exchange Bonds.] B-7 EXHIBIT "C" CONTINUING DISCLOSURE The information to be updated includes all quantitative financial information and operating data with respect to the District of the general type included in the Official Statement under the sections entitled: "DEBT SERVICE REQUIREMENTS," "RISK FACTORS -Future Debt," "THE DISTRICT," "THE ROAD SYSTEM," "USE AND DISTRIBUTION OF PROCEEDS," "TAX DATA" and in "APPENDIX A" and with respect to the Significant Developer in "APPENDIX B". Any financial statements of the District will be prepared in accordance with generally accepted accounting principles for local government units as prescribed by the Governmental Accounting Standards Board or such other accounting principles as the District may be required to employ from time to time pursuant to State law or regulation. Any financial statements of any Significant Developer, as and if required, will be prepared substantially in accordance with the accounting principles reflected in the Official Statement under the Section entitled "Appendix B". EXHIBIT "C" r I MUNICIPAL ACCOUNTS & CONSULTING, L.P. Rock Prairie Management District No. 2 Bookkeeper's Report March 11, 2021 1281 Brittmoore Road A Houston, Texas 77043 A Phone: 713.623.4539 A Fax: 713.629.6859 Cash Flow Report - Checking Account As of March 11, 2021 Num LANCE AS OF 02/12/2021 ceipts Interest Earned on Checking Maintenance Tax Collections tal Receipts Name sbursements 10 B&A Municipal Tax Service 11 EHRA Engineering 12 McDonald & Wessendorff Insurance 13 Municipal Accounts & Consulting, LP 14 Schwartz, Page & Harding, L.L.P. BBVA USA tal Disbursements LANCE AS OF 03/11/2021 Memo SB2 Compliance Engineering Fees - 2 Months Annual Insurance Premium Bookkeeping Fees Legal Fees Service Charge Amount 2.42 80,000.00 (250.00) (3,842.50) (3,536.00) (1,926.23) (5,248.55) (2.42) Balance ($4,027. 80,002 (14,805. $61,169. BBVA USA-PREMIER-#)XXX0276 2 Financial Institution (Acct Number) nd: Operating iecking Account(s) AVA USA -PREMIER (XXXX0276) Account Balances As of March 11, 2021 Issue Maturity . Interest Date Date Rate 0.10 % Totals for Operating Fund: Grand total for Rock Prairie Management District No. 2: Account Balance 61,169.54 Checking Account $61,169.54 $61,169.54 Notes Actual vs. Budget Comparison February 2021 venues 4100 4350 4380 Developer Advance Maintenance Tax Collections Interest Earned on Checking tal Revenues penditures 6330 Legal Fees 6340 Auditing Fees 6350 Engineering Fees 6430 Bookkeeping Fees 6450 Legal Notices & Other Publ. 6455 SB 2 Expenses 6460 Printing & Office Supplies 6470 Filing Fees 6480 Delivery Expense 6520 Postage 6530 Insurance & Surety Bond 6540 Travel Expense 6560 Miscellaneous Expense tal Expenditures February 2021 June 2020 - February 2021 Annua Actual Budget Over/(Under) Actual Budget Over/(Under) Budge 0 0 0 50,033 50,033 0 50,( 0 0 0 30,000 30,000 0 60,( 2 3 0 32 23 9 2 3 0 80,065 80,056 9 110,( 5,106 5.000 106 39,564 45,000 (5,436) 60.( 0 0 0 10,800 0 10,800 1,753 2,500 (748) 16,780 22,500 (5,720) 30,( 1,800 550 1,250 8,869 4,950 3,919 6,( 0 0 0 0 0 0 2,( 250 250 0 2,750 2,250 500 3,( 127 83 44 585 750 (165) 1,( 1 75 (74) 392 675 (283) ( 106 42 65 730 375 355 ; 24 4 20 38 37 1 0 0 0 0 0 0 3,, 0 108 (108) 0 975 (975) 1,: 12 83 (71) 186 750 (564) 1,( 9,180 8,696 484 80,695 78,263 2,432 110,( cess Revenues (Expenditures) ($9,177) ($8,693) ($484) ($630) $1,793 ($2,423) 4 Balance Sheet As of February 28, 2021 Feb 28, 21 ASSETS Current Assets Checking/Savings 11100 L Cash in Bank (4,027) 11105 L Cash in Bank - Tax Account 38,946 Total Checking/Savings 34,919 Other Current Assets 11740 L Due From Construction 9,294 Total Other Current Assets 9,294 Total Current Assets 44,213 TOTAL ASSETS 44,213 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 12000 L Accounts Payable 11,017 Total Accounts Payable 11,017 Total Current Liabilities 11,017 Total Liabilities 11,017 Equity 13010 L Unallocated Fund Balance 33,826 Net Income (630) Total Equity 33,195 TOTAL LIABILITIES & EQUITY 44,213 5 EXHIBIT "D" MUNICIPAL ACCOUNTS CONSULTING, L.P. SECOND AMENDED AND RESTATED AGREEMENT FOR BOOKKEEPING SERVICES THIS SECOND AMENDED AND RESTATED AGREEMENT FOR BOOKKEEPING SERVICES (this "Agreement") is made as of the 11`h day of March, 2021, by and between ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2, OF BRAZOS COUNTY, TEXAS, a body politic and corporate and a governmental agency of the State of Texas, operating under the provisions of Chapter 49 and Chapter 54, Texas Water Code, as amended, and Article XVI, Section 59 of the Constitution of the State of Texas (the "District"), and MUNICIPAL ACCOUNTS & CONSULTING, L.P., a Texas limited partnership (the "Bookkeeper"), in consideration of the mutual covenants and agreements herein contained. ARTICLE I Bookkeeper shall render the following services to the District: 1. Establish and maintain, if applicable, checking accounts, journals and ledgers pertaining to the District's Debt Service Fund, Capital Projects Fund, General Operating Fund, and General Long Term Debt Fund all in accordance with generally accepted accounting procedures, the laws of the State of Texas, policies and regulations adopted by the Board of Directors of the District (the "Board"), and the requirements of the Texas Commission on Environmental Quality, and in such a manner that excessive auditing procedures or adjustments by the auditors are not required. 2. Reconcile all accounts at least every thirty (30) days, and promptly report any discrepancies to the appropriate depository institution and the Board at its next meeting. 3. Maintain a summary general ledger for the Tax Fund from reports supplied by the District's Tax Assessor -Collector. 4. Prepare and present for Board approval all checks, with invoices attached, drawn on the District's Debt Service Fund, Capital Projects Fund, and General Operating Fund. 5. Prepare IRS Forms W-2, W-3 and 941, and otherwise comply with the provisions of the Internal Revenue Code, as amended from time to time, with respect to the payment of fees of office for each member of the Board. 6. At each meeting of the Board (but not more often than monthly), prepare and present a cash flow report and account balance report indicating all activity within each of the above funds and the current distribution and investment of moneys within each fund and prepare and present an actual versus budget comparison statement and Balance Sheet in the General Operating Fund. 7. Complete postings and close all journals and ledgers within forty-five (45) days after the end of District's fiscal year. S. Attend the Board meeting for one (1) hour. 9. Be accessible to the District's auditor to efficiently perform the annual audit, including use of Bookkeeper's office facilities during the field audit. All such services shall be rendered in a professional, competent and timely manner and in accordance with the provisions of the District's order establishing policies for investment of District funds, as same may be amended from time to time (the "Investment Policy'). ARTICLE II As consideration for the services rendered by the Bookkeeper to the District as set forth in Article I above, the District shall pay the Bookkeeper a monthly fee of $1,500.00. If the District so elects in accordance with Texas Water Code Section 49.1571, Mark M. Burton and Ghia Lewis, or such other employee(s) of Bookkeeper as the District and Bookkeeper may agree to in writing, shall jointly serve as the District's Investment Officer and as such, shall comply with all terms and provisions of the Investment Policy and all applicable laws, including but not limited to, the Public Funds Investment Act, Texas Local Government Code, Chapter 2256, as may be amended from time to time. Should the District make such election, there will be an additional charge of $50.00 per month for the above employee(s) of the Bookkeeper to serve as the District's Investment Officer; provided, however, such charge shall not include the preparation of the quarterly report of investment transactions described below. All other services as may be requested by the Board from time to time or as required by the Investment Policy will be paid at the hourly rate listed below for such services. Additional services shall include, but are not limited to, preparation of an annual budget for the General Operating Fund, attendance at a Board meeting for more than one (1) hour, travel time to attend Board meeting, preparation of the quarterly report of investment transactions as required by the Investment Policy, arranging for appropriate security of District funds as required by the Investment Policy, preparation of Internal Revenue Service Forms 1099 and 1096, correcting vendor invoices/reports, and preparation of audit schedules. Hourly rates will be billed as followed: Administrative $100.00 per hour Sr/Accounting Specialist $125.00 per hour Consultant $150.00 per hour Sr. Consultant and above $175.00 per hour At each District bond funding, the Bookkeeper shall supply the District's Financial Advisor with Debt Service Fund balances; verify bond funds to be deposited into the District's Debt Service Fund, Capital Projects Fund, and General Operating Fund; establish schedules for anticipated payment of future construction pay estimates; invest all surplus bond proceeds; wire and/or disburse District funds in accordance with instructions from the Board; arrange for appropriate security of District funds as required by law and the Investment Policy; prepare annual Debt Service Requirement Schedules in connection with the levy of taxes; prepare outstanding debt service obligation schedules and amendments to same if the District sells bonds as required by the Attorney and/or Financial Advisor for the District in order to comply with the Texas Water Code, all of which services shall be paid at the rate set forth below: 2 New Bond Issue $ 3,250.00 Bond Anticipation Note $ 2,250.00 Refunding Bond Issue $ 1,250.00 In addition to the fees set forth above, the District shall pay the Bookkeeper for all out-of- pocket expenses reasonably and necessarily incurred by Bookkeeper in the performance of the services described herein, including but not limited to, printing, reproduction of documents, fax, long distance telephone calls, document storage and retention, travel expense, courier services, and postage. For meetings beginning at, or continuing beyond 4:30 PM or later, the District shall pay the Bookkeeper $100.00 in addition to any other compensation provided for in this Agreement. ARTICLE III The District shall instruct all contractors, vendors and service representatives of the District to submit all bills and invoices to Bookkeeper at least five (5) days prior to any scheduled meetings of the Board or deadline for the Bookkeeper's report as required by the Board. It is understood that any bill or invoice submitted subsequent to said five (5) day period shall be paid if possible at said meeting, but will not necessarily be reflected on the cash flow report. Bills, invoices and/or reports requested to be prepared for any scheduled meeting after this cutoff date shall be billed at Bookkeeper's hourly rate. ARTICLE IV All records and documents related to the services of the Bookkeeper to the District hereunder shall be the District's property. The District and the Bookkeeper each acknowledge that the requirements of Chapter 552, Texas Government Code, as amended (the "Public Information Act"), and Chapters 201-205, Texas Local Government Code, as amended (the "Local Government Records Act," and together with the Public Information Act, the "Acts"), each apply to all public information, as defined by the Public Information Act, and all local government records, as defined by the Local Government Records Act, related to the relationship between the District and the Bookkeeper, and to any work carried out thereunder. The Bookkeeper covenants that it will comply with all requirements of the Acts, the District's Record Management Program, and all applicable rules, regulations, policies and retention schedules adopted thereunder. Upon termination of this Agreement, said records and documents, other than in proprietary form, shall be promptly delivered by the Bookkeeper to the District or the District's designee. ARTICLE V Bookkeeper shall provide and maintain in full force and effect at Bookkeeper's expense insurance in the amount of $3,000,000 ensuring that bookkeeper will faithfully account for all monies, which shall come into Bookkeeper's custody under terms of its service agreements. If the District elects, the bookkeeper shall also provide the District with a public employees blanket bond, acceptable to the District, in a minimum amount of $10,000 or, if greater, the minimum amount required by law. The cost of such bond shall be borne by the District. 3 ARTICLE VI The term of this Agreement shall be for a period of one (1) year from the date hereof and shall continue thereafter for successive one-year periods until terminated by either party. This Agreement may be terminated at any time by either party hereto by providing thirty (30) days advance written notice to the other party. All work associated with transitioning to or from another party will be billed at Bookkeeper's hourly rate. This Agreement shall supersede all other prior agreements between the District and Bookkeeper, including that certain Amended and Restated Agreement for Bookkeeping Services dated April 11, 2019, as the same may have been amended from time to time. ARTICLE VII As required by Chapter 2271, Texas Government Code, Bookkeeper hereby verifies that Bookkeeper, including a wholly owned subsidiary, majority -owned subsidiary, parent company or affiliate of the same, does not boycott Israel and will not boycott Israel through the term of this Agreement. The term "boycott Israel" in this paragraph has the meaning assigned to such term in Section 808.001 of the Texas Government Code, as amended. ARTICLE VIII Pursuant to Chapter 2252, Texas Government Code, Bookkeeper represents and certifies that, at the time of execution of this Agreement neither Bookkeeper, nor any wholly owned subsidiary, majority -owned subsidiary, parent company or affiliate of the same, is a company listed by the Texas Comptroller of Public Accounts under Sections 2270.0201 or 2252.153 of the Texas Government Code. IN WITNESS WHEREOF, the District and the Bookkeeper have executed this Agreement in multiple counterparts, each of which shall be deemed to be an original, as of the date first set forth above. ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2, OF BRAZOS COUNTY, TEXAS President, Board of Directors MUNICIPAL ACCOUNTS & CONSULTING, L.P. By Mark M. Burton, Managing Member The Asher Group, LLC, General Partner 4 EXEIIBIT "E" Hnrifu1y I=11--c:i!.1nr:y I Tran.spar.ncy 1 Ac untab1Iily I Conti7uity MUNICIPAL TAX SERVICE,LLC ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE MONTH ENDING February 28, 2021 15bh' MUNICIPAL TAX SERV10E,LLC 13333 NOWI•IIWI( I•I•N1'JIWAY, S•LT.b2U HOlTS ON.TX77040 MAIN 7 L 3-400-26E0 TOLL FREE 1-838-398-7i09 1 MUNICIPAL TAX SrRVICr,l 1C ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE PERIOD ENDING 2f28?21 RECEIVABLES SUMMARY 2020 Balance Forward Levy at 05/31/20 FYE CAD Changes J Uncollectible Outstanding Balance forward Prior Years. (2019-2010) at 05/31/20 FYE CAD Changes 1 LIncoIlectible Total Levy to be collected Collection prior months (all years) 21)20 Taxes Collected net NSF & KR Refunds during current month Taxes Collected for Prior Years net NSF & KR Refunds Total Outstanding Balance $o_Do $117,676.84 $0.00 $0.00 ($97,490.67) ($459.42) $0.00 117,676.84 0.00 117,676.84 (97,950.09) 19, 726.76 TAX ACCOUNT Beginning Balance — Tax Account 17,054.05 Income Taxes Collected Current Year $459.42 Taxes Collected Prior Year $0.00 Penalties & Interest $23.76 Collection Fee Paid $0.00 Overpayments $0,00 NSF or Reversals, Bank Charges $0.00 Other Fees & Court Costs, Etc $0.00 Earned Interest $9.96 $493,14 Expenses CK# 1083 Brazos CAD - 2nd Qtr 2021 Assessment (Reporting Only) CK# 1100 B&A Municipal Tax Service, LLC - Invoice MD2-104 CK# 1101 B&A Municipal Tax Service, LLC - Invoice MD2-105 17,547.19 $243.00 $662.00 $254,49 $1,159.49 Ending Balance —Tax ACJaraunt 16,387.70 R rR A RA TAx $I; R via.; I J (' 13313 NORTHWEST FRJ•:ItWAY, SI'I:620 ianr Icrrrn.i Tr rnin MAN ^13-900-2680 rflr i i .ui.i: , 'Hag cult ienu 7 NIUNJCIPAI TAX SERVICE,LLC ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE PERIOD ENDING 2128Jr21 OUTSTANDING TAXES — YEAR TO DATE BALANCE FORWARD CAD TAX liP SUPPLEMENTS S YEAR 10101120 CORRECTIONS UNCOLLECTIBLE 2020 S116,563.06 $1,113.76 $0.00 2019 $73,299.93 $0.00 $0.00 2018 $49,461.25 $0.00 $0,00 2017 $19,982.78 $0,00 $0.00 EXEMPTIONS & TAX RATES TAX YEAR 2020 2019 2018 2017 HOMESTEAD EXEMPTIONA/y / 0. 0.00% 0.00% 0.00% DISTRICT VALUES TAX YEAR 2020 2019 2016 2017 LAND & IMPROVEMENTS 22,941,412 14,898, 546 9,881 ,920 4;069,643 OVER 65! DISABLED 0 0 0 0 AG NET 7,123 14,370 28,690 27,010 M 0 RATE 0.50000 0.50000 0.50000 0.50000 PERSONAL PROPERTY 617,828 909,570 309,850 0 COLLECTIONS $97,950.09 $73,299.93 $49,461.25 $19,962.78 DEBT SERVICE RATE �0.004000 0.0 000 0.00000 0.00000 EXEMPTIONS 30,971 1,162,800 328,210 104,096 OUTSTANDING TAXES $19,726.75 $0.00 $0.00 ($0-00) $19,726.75 CONTRACT TAX RATE 0. 00000 0,00000 0.00000 0.00000 COLLECTIONS PERCENTAGE 83.24% 100.00% 100.00% 100.00% TOTAL RATE 0.50000 0.50000 0_50000 0_50000 TOTAL VALUE SR KR 23,535,393 1 1 14,659,986 12 12 9,892,250 30 30 3,992,557 47 47 B & A M1JNTCIPAT, rAx Sk•.141`1CI.. I.r.& 73333 NORTHWEST FRF.E:WAY. S'J'1: 620 rrr]USTClu T( '?fin MAIN 7l39U0-Z6EO I l f1.1 I;ic 1 ;I; I _RIUI_54131^anti 3 ,V UNICII'AI TAX SEKVICE,! LC= BEGINNING BALANCE ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE PERIOD ENDING 2/28121 INCOME 10% Rendition Penalty Bad Check Charges CAD Refund Excess Allotment Collection Fee Earned Interest Overpayments Penalty & Interest Rollback Tax Collected Taxes Collected PROFIT & LOSS CURRENT MONTH 2101121 - 2/28121 98,829.47 FISCAL YEAR 6(01120 - 2128 21 38,946.02 0.00 0.00 0.00 0.00 0.00 5.30 0.00 0.00 9.96 28.01 0.00 371,04 23.76 23.76 0.00 0.00 459.42 97.950.09 Total Income 493.14 98,378.20 EXPENSES Audifll`tecards 175.00 175.00 Bank Charges 0.00 0.00 Bond Premium 0.00 _ 50.00 GAD Fees _ 0.00 604.50 Certificate of Value 0.00 0.00 Copies 15.40 f 91.40 Correction Roll Refunds 0.00 0.00 Correction Roll Rendition Refunds 0,00 0.00 Continuing Disclosure 0.00 0.00 Court Affidavits 0.00 0,00 Delinquent Tax Attorney Assistance 0.00 30,00 Delinquent Tax Attorney Fee 0.00 0.00 Estimate of Value 500.00 950.00 Installment Tracking 0.00 0.00 Unclaimed Property Report 0.00 0.00 Legal Notices 0.00 787.00 Mailing & Handling 0.94 _ 253.76 Meeting Travel & Mileage _ 45.08 590.73 Overpayment Refund 357.83 371.02 Public Hearing 0.00 650.00 Records Retention 0,42 3.88 Roll Update & Processing 18.75 150.00 Supplies 0.00 19.74 Tax Assessor Collector Fee - AB 662.00 4,950.00 Tax Rate P reparation &Calculation 0.00 0.00 Transfer to Rollback Collected 0.00 4.00 Transfer to Maintenance & Operating 80,000.00 110,000,00 Transfer to Debt Service 0.00 0.00 81,775.42 119,777.03 ENDING BALANCE 17.547.19 17_,.54I 1�9 B. AM N(OPAI,TAXsr.IIVICAc, 13333 NORIHWEST FREEWAY, STR 620 i iou S TUN. 'TX 77040 MAIN 711-9(I02$8(I {71,1. I�II�:Ii ]_XKR 1911-741Yi 4 January February March A May June Juty August September MUNICIPAL 'FAX SEkvIC:E,LLC. ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE PERIOD ENDING 2/28121 2020 October $678.59 November $1,138.23 December $4,289.31 $91, 384.54 5459,42 YEAR TO YEAR COMPARISON 9b 2019 0.58% 1 $3,394.55 1,55% 5.24% 82.85% 83.24% b L VARIANCE 4.46% -3.88% $559.00 5.41% -3.85% 11.02% -5.78% $41,438.41 67.55% 15.30% 84,111.95 $25,50 67,58% 15.65% MONTHLY COLLECTIONS 20201 2019[ 2018 S459.42 $0.00 $0,00 13 it A MUNICIPAL TAX SERVICE, LLC 11113 R'1111t'UST L'L L•EWAY. STE 620 IIU1Jti1%SN 'I']:77i141S MAIN 713-900-.6OC •ITS1.1. FIT 1_XXX-3'7X 74.0D 5 MUNICIPAL TAX SEROCE,LLC: ROCK PRAIRIE MANAGEMENT DISTRICT NO 2 FOR THE PERIOD ENDING 02/26/21 PLEDGED SECURITIES REPORT SECURITIES PLEDGED AT 105% OVER FDIC INSURED $250,000 COLLATERAL SECURITY AGREEMENT ON FILE : YES TAX BANK ACCOUNT HELD AT: WELLS FARGD/ BANK OF NEWYORK MELLON COLLATERAL SECURITY REQUIRED: NO LEVY IS BELOW $250,000 FDIC TYPE OF PLEDGED INVESTMENT: IN COMPLIANCE W! DISTRICT INVESTMENT POLICY: YES 13.21. MUNICIPAL TAX 5FRVICF 13333 NORTHWEST FREEWAY SUITE 620 HOL STON rx /7040 MAIN 713-SOD-26S0 TOLL FREE I-.8 -S0 -7409 PS STATE OF TOMS COUNTY OF BRAZOS § Avik Bonnerjee, being duly sworn, says that he is the Tax Assessor -Collector for the above named District and the foregoing contains a true and correct report accounting for all taxes collected for said District during the month therein stated. Avik Bonnerjee, RTA SWORN TO AND SUBSCRIBED BEFORE ME, this 1st day of March 2021. RE8ECCALYNN 9REWER - Notary to pf1 25 819 My ComrnisSlon Expire% ILIA Gh 7, 2024 Rebecca Lynn Brewer Notary Public, State of Texas Notary ID #1258819 My Commission Expires March 1, 2024 DRAZQS OfNTRAL 0-1 APPRAISAL DISTRICT B RAZOB COUNTY, TEKAB 4asf PRIDLIT P UII MIY;N.T% rman-2485 Mr. Avik I3onnerjee Registered Texas Assessor Colrector B&A Municipal Tax Service LLC 13333 Northwest Freeway, Suite 620 Houston, TX 77040 Mark W. Price Chief Appraiser (979)774-4144 (979)774-4196 Fax November 19, 2020 Rock Prairie Management District#2 STATEMENT Below are the quarterly payment amounts and due dates for the 2021 Brazos Central Appraisal District Operating Budget, as mandated by State Law. Section 6.06 State Property Tax Code states: "Unless the governing body of a unit and the chief appraiser agree to a different method of payment, each taxing unit shall pay its allocation in f?itar equal payments to be made at the end of each calendar quarter, and the first payment shall be made befirre January 7 of the year in which the budget takes effect A payment as delinquent if not paid on the date it is due. A delinquent payment incurs a penalty of 5 percent of the amount of the payment and accrues interest at can annual rate of f 10 percent. If the budget is amended, ani' change in the amount of ca unh's allocation is apportioned among the payments remaining." 1=`Quarter due by December 31, 2020 tad Quarter due by March 31, 2021 3`d Quarter due by June 30, 2021 4,h Quarter due by September 30, 2021 Total Allocation $243.00 $243.00 $243.0'0 $243.00 $972.00 icsn T6( /M3 04tch.rc o^'°'ai MUMCIPA1_ TAX SERVrCE, LLC Bill To Rock Prairie Management Disirici No. 2 13333 Northwest Frci:way Suite 520 1 ioust n TX 77040 Invoice Date Invoice # 3/ 11202 t MD2-104 Description Unit Count Rate Amount Avik Buruxrjcc, R'I'A- TaxAsses crCo1IoctorPcc .larch 2021 . 18,00 518A0 2020 Additional Unit Count Invoiced 2021 160 0.00 144.00 Thank you fur your business. Total $662.00 3.bial 644. noo 1 i333 Nuutliwest Freeway, Suite 620 IN Houston, TX 7704D PH 713-6J0-2680 n www.bamunitax.com MUNICIPAI TAX SERVICE, LLC BiII To Rock Prairie Management District No. 2 13333 Northwest Freeway Suite 620 I Ioustan TX 77040 Invoice Dote Invoice # 311/2021 MD2-195 Description Unit Count Rate Amount Copies Postage, Mailing, and I [andling 0I b) 1;'4`cord5 Retclition Meeting Travel Tiine/Mile ;elTinie (January 202]) Certificatc Of Value dated f'ebruary 10, 202 I Thank you. for your business_ 136 0.2U 7.99 0,42 43.88 175.00 27.20 7.99 0.42 43.88 175.00 Total $254.49 4-3-sidc21 e-g. not 13333 tionhwca1 Frc ay. &An620 Hcusion: TX 7704G A PH:713-900-2 8D +i voAv.1,aInuni1 LeUm Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 Page T Delinquent Tex Roll 31212021 As of 212612021 8:12 AM Account No/Name/Address Cad Ne1Pra arty Descr. 00090100210000 000000010t� Acreage- 16.89620 Over05 No PERRY B RIAN HOWARD- A000901, THOMAS CARRUTHERS (ICL), TRACT 21, Veteran N4 17975 BELLA LAGO CT 16.6062 ACRES Installment Code N COLLEGE STATION, TX 77845.4774 ROCK PRAIRIE RD Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Y Stmt Date D 1�] Date Cade Taxes Penalties Payments Del. P&I Due Del. P&I Due Del. P&I Due 2020 101112020 2/2/2021 7.359,60 0.00 0.00 515.17 7,874 77 662.36 8,021.96 809.56 8,169.16 00090100210010 000000406666 Acreage. D.11490 Over 65 No PERRY BRIAN HOWARD A000901, THOMASCARRUTHERS(ICL), TRACT21,1. Veteran No 17975 BELLA LAG() GT 0.1149 ACRES Installment Code N COLLEGE STATION. TX 77845.4774 MIDTOWN DR Due Feb. 2021 Due Mar. 2021 Due Aar. 2021 Year Stmt Date Deis, Date Cade Taxes Penalties Payments De[. P&I Due Del. P&I Due Del. P&! Due 2020 10/1/2020 212 2021 29.26 0.00 0.00 2,05 31.31 2.63 31.89 3.22 32.48 413600/0020010 000000426321 Acreage: 0,09700 Over 65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 100. BLOCK 2, LOT 1, ACRES Vatsran No 9515 SW H K DODGEN LOOP 0.097 Installment Coda N TEMPLE, TX 76502-1021 Year Strni Date Delgq Date Code 2020 10/1/2020 2/2/2021 TOLEDX BEND DR Due Feb, 2021 Due Mar, 2021 Due Apr, 2021 'I axes Penalties Payments Del. P&I Due Del. P&I Due Del. P&I Due 11 9.90 0.00 0.00 8.39 128.29 10.79 130.69 13.19 133.09 419e0010020020 000000425322 Acreage:0,10140 Over es Na CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE P11100, BLOCK 2, LOT 2, ACRES Veteran No 3515 SW H KDODGEN LOOP 0,1014 InsiallmentCoae N TEMPLE, TX 76502-1021 TOLEDO BEND OR Due Feb. 2021 Due Mar, 2021 Due Apr, 2021 Year Simi Date Del Date Code Taxes Penalties Pave; pts De!. P&I D e De!. P&1 Due Del, P&I Due 2020 10/112020 2/2/2021 119.90 0.00 D.00 8.39 128.20 10.79 130.69 13.19 133.09 41380010020030 D00000426323 Acreage: 0.10350 Over BS No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 1 D0, BLOCK 2, LOT 3, ACRES Veteran No 3515 SW H K DODGEM LOOP 0.1035 Installment Code N TEMPLE, TX 76502-1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Or. 2021 Year Stilt Date Det Date Code Taxes Penalties Pawrnents Del. P&I Due Del. P&I Due Del. P&1 Due 2020 1C/112020 21212021 119.90 0.00 0.00 8.39 128,29 10.79 130.69 13.19 133.09 413130010020040 000000426324 Acreage:0.10750 Over65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 100, BLOCK Z, LOT 4 ACRES Veteran No 3515 SW H K DODGEN LOOP 0,1075 Installment Code N TEMPLE. TX 76502 1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due 6pr, 2021 Year Stmt Date Delqq Date Code Taxes Penalties Payments Del. P&I Due Del, P&I Due Del, P&t( Due 2020 10/112020 2/2/2021 119.90 0.00 0.00 8.39 126.20 10.79 130.69 13.19 133.09 41380010020060 000000426326 Acreage:0,12160 0iler65 Na CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 100 BLOCK 2, LOT 6, ACRES Veteran No 3515 SW H K DODGEN LOOP .1216 Installment Code N TEMPLE, TX 76502-1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Apr, 2021 Year Stmt Date Deg Date Code Taxes Penalties Payments Del. P&1 Due De!. P&I Due Del. P&I Due 2020 101112020 2/212021 369,60 0.00 0.00 25.87 395.47 33.26 402.86 40.66 410.26 Report Prepared IN B&A Mvnicipel Tax wwrv:temunitax.com Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 Page 2 Delinquent Tax Roll 3f212021 Asof2128/2021 8:12AM Account NofName/Address Cad Na/Property Rescr. 4139070 4010020000000425827 Acreage: 0.13160 +7E er � ; Na WILSON VALERIE F 8 NICHOLAS A MIDTOWN RESERVE PH 100, BLOCK 2, LOT 7, ACRES 'Moran No es7 TOLEDO BEND DR .1315 Install marlt Code N COLLEGE STATIOrd TX 77645-7277 TOLEDO BEND DR Due Feb, 2021 Due Mar. 202t Due Aar. 2021 Year Stmt Date Delp Dale Code Taxes Penalties Payments Del P&1 Due Del. Pal Due Del, P81 Due 2020 1011/2020 2/2/2021 403.90 0.00 0.00 28.27 432.17 36.35 440.25 44.43 448.33 41380010020090 00X0000426629 i4,Creage 0.16550 Over 65 No JIMENEZ PATSY d MIDTOWN RESERVE PH 100, BLOCK 2, LOT 9. ACRES Veteran NO 953 TOLEDO SENT} DR .1655 Installment Code N COLLEGE STATION, TX 77045-7277 Year Strut Date De(q Date Coda 2020 10/112020 212/2021 TOLEDO BEND DR Due Feb, 2021 Due Mar. 2021 Due AIX 2021 Taxes Penalties Payments Del. P&I Due ❑el. P&I Due Del. P&I Due 413.68 0.00 0.00 28.96 442.64 37.23 450.91 45.50 459.18 41160010020110 000000426331 Acreage:. 0,10640 Qver65 No COLLEGE STATION DOWNTOWN RESIDENTIAL LLC MIDTOWN RESERVE PH 100, BLOCK 2, LOTI I,ACRES Veteran No % GREENS PRAIRIE INVESTORS LTD 0.1064 Installment Code N 1645 GREENS PRAIRIE RD W STE 204 COLLEGE STATION. TX 771345-9Ji4 MCQUEENY DR Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Year Stmt Date DeI0g Date Code Taxes Penalties Pavmerltts t7el. P&I Due Del. P&I Due Del. Pal Due 2020 1011/2020 2/212021 121.44 0.00 0.00 8.50 129.94 10.93 132.37 13.36 134.80 41380010030010 0300 0425597 Acreage:0,10100 Over65 No CONTINENTAL HOMES OFTFXAS 1 P MIDTOWN RESF.RVF PH 100 BLOCK 8, LOT 1, ACRES • Veteran No 3515 SW H 1( DODGEM I OOP Installment Code N TEMPLE, TX 765ci2 1.021 TOLEDO BEND OR Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Year Stmt Date Dela Date Code Taxes Penalties Payments De!. P&I Due Del. P&I Due Del. P8J Due, 2024 10/1/2020 212f2021 484.82 0.00 0.00 32.54 497. 36 41, 83 506.65 51.13 515.95 41300010030020 000000426339 Acroag4:0 09900 Over 65 No CON1 INCNTAL HOMES OF TEXAS LP MIDTOWN RESERVE Pt 1100, BLOCK 3, LOT 2, ACRES Veteran NO 3515 SW H K DODGEN LOOP 0 0996 Inslallrnenl Coda N 1 LMPLE TX 70502-1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Year Stmt Date Delp Date roue Taxes Penalties Payments Dal. P8.1 Due Del P&1 Due Del. P&l Due 2020 10/1/2020 2/212021 119.90 0.00 0 00 8.39 128.29 10.79 130.69 13.19 133.09 41380010030040 0003004263d0 Acreage: 0,16100 Over 65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 100, BLOCK 3. LOT 4,ACRES Veteran No 3515 SW H K DODGEM LOOP Inslsllment Code N TEMPLE, TX 76602-i 321 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Stmt Date De4 Date Code Taxes Penalties Payments Dei. PSI Due Del. P&1 Due Del, P&I Due 2020 10/1/2020 2/2/2021 464.34 0.00 0.00 32.50 496.84 41.79 506.13 51.08 515.42 41300010030000 000000426342 Acreege:D.10670 Over65 No VILLANUEVAIVI SHEA &PATRICKJOEL MIDTOWN RESERVE PH 100, BLOCK 3, LOTS, ACRES Veteran No 964 TOLEDO BEND DR 1087 Installment Code N COLLEGE STATION, TX 77845-7822 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Aor2021 Year Stmt Date Detq Date Code Taxes Pena4s Payments Del. P81 Due Del. P&t Due Del. P&I Due 2020 10/1/2020 2/2/2021 434.10 000 0.00 30.39 464.49 39.07 473.17 47.75 481.85 Report Prepare0 by B&A Munrcipal Taw Wr ww. oamurniax-com Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 Page 3 Delinquent Tax Roll 312/2021 As of 212812021 8:12 AM Account No/Name/Address Cad Na/Properly Descr. 41300010030090 000000420345 Acre2ge-0.10100 0ver65 No CONTINENTAL HOMES OF TEAS LP MIDTOWN RESERVE PH 100, BLOCK 3, LOT 9, ACRES Veteran No 3515 SW Ii K DODGEM LOOP 0,101 Installment code N TEMPLE, TX 70602-1021 TOLEDO BED DR Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Stmt Date Delp Date code Taxes Penalties Payments Dei. P&1 Due Del. P81 Due Del_ P&I Due 2020 10(1/2020 2/2/2021 119.90 0.00 0.00 8,39 128.29 10.79 130.69 13.19 133.09 41310010030100 000000426546 Acreage: D.10100 Over 6$ No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 00, BLOCK 3, LOT 10, ACRES Veteran No 3515 SW H K DODGEN LOOP 0.141 Inotallment Code M TEMPLE, TX 76502-1021 TOLEDO SEND DR Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Year Stmt Date Delo Date Code Taxes Penalties Payments De!. P&1 Due Del. P&1 Due Del. P&! Due 2020 10/1/2020 212/2021 119.90 0.00 0.00 8.39 128.29 10.79 130.69 13.19 133,09 41300010240010 000000420353 Acreage:0,09600 0ver85 Na CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 4, LOT 1, ACRES Veteran Na 3515 SW H K DODGEN LOOP 0.0956 Installment Code N TEMPLE, TX 70502-1421 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Strnt Date Delp Date Cede Taxes Penalties Payments Del. P8I clue Del. P8d Due Del. P&1 D 2020 10/102020 212/2021 121.44 0,00 0.00 8.60 129.94 10.93 132,3T 13.36 134. 0' 41380010240020 000000426.154 Acreage. D 10100 Over 65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 4, LOT 2 ACRES Veteran N4 3516 SW H K DODGEN LOOP 0.101 Installment Cade N TEMPLE, TX 76502-1421 TOLEDO BEND DI Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Stmt Delp- Delp Date Code Taxes Penalties Payments Del. P&I Due Del, P81 Due Del. P&I Due 2020 10/1/2020 2/2021 121.44 0.00 0.00 8.50 129.94 10.93 132.37 13.36 134.80 41300010140030 000000426365 Acreage:0,10100 Ol.er65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 142. BLOCK 4, LOT 3, ACRES Veteran No 3515 SIN H K DODGEN LOOP 0,101 Installment Cue N TEMPLE, TX 70502-1021 TOLEDO BEND LER Due Feb. 2021 Due Mar, 2021 Due Apr, 2021 Year Stmt Date Dalq Date Code Taxes Penalties Payments Del, P&I Due Del. P&1 Due Del. P&1 Due 2020 10/1/2020 2/2/2021 121.44 0.00 0.00 8.50 129.94 10.93 132.37 13.36 134.80 41380010240040 000000426350 Acreage. 0.10100 Over e5 Na CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 4, LOT 4. ACRES Va(eran No 3515 SW H K DODGEN LOOP 0.101 rnstalrment Cade N TIEMPLE. TX78632-102t TOLEDO BEND DR Due Feb, 2021 Due Mar. 2021 Due Apr, 2021 Year Stmt Date Delg Dale Code Taxes Penalties Payments Del. P&1 Due Del. P&! Due Del. P&I Due 2020 10/112020 2021 121.44 0.00 0.00 13.50 129.94 10,93 132.37 13.36 134.80 41300010240050 000000425357 Abrreage:010100 0ver85 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 4. LOT 5. ACRES Veteran Na 3515 SW H K DODGEN LOOP 3.101 Installment Caul N TEMPLE, TX 76502.1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Stmt Date Det Date Corse Taxes Penalties Payments Del_ P81 Due Del. P&I Due Der. P81 Due 2020 10/1)2020 2t2/2021 121.44 0.00 0.00 8.50 129.94 10.93 132.37 13.35 134.80 Report Prepared by B&A Municipal Tax www.barnunllax.00m Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 Delinquent Tax Roll As of 2/28/2021 Page 4 3/212021 8:12 AM Acpptrnl NotNameiAddress 413B00tb24O060 CONTINENTAL HOMES OF TEXAS LP 3511 SW H K DODGEM LOOP TEMPLE, TX 76502-1021 Year Stmt Date Delp Dap Code 2020 1011/2020 2/2 202 41300010240070 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Slmt Date Del Date Code 2020 10/112020 2/2/2021 41380010240000 CONTINENTAL HOMES OF TEXAS LP S615 BW H K DODGEN LOOP TEMPLE, TX 76562-102t Year Strut Date Delo Date Coda 2020 1.0/102020 212/2021 41380010240090 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Stmt Date perm Date Code 2020 10/1/2020 2/212021 4/380010240100 CONTINENTAL HOME5 OF TEXAS LP 3515 SW H K DODGEM LOOP TEMPLE, TX 7e502 1021 Year Strut Date Delqq Date Cade 2020 10/1/2020 21212021 41300010240110 CONTINENTAL HOMES OF TEXAS LP 0516 SW H K DODGEM LOOP TEMPLE, TX 75502-1021 Y$ r Stmt DaG Delp Date Cade 2020 1011/2020 2/212021 41300010240120 CONTINENTAL HOMES OF TEXAS LP 3515.5W H IC DODGEM LOOP TEMPLE. TX 76502-1021 Year Stmt Date Delp Date Codo 2020 1 D/1/2020 2/212021 Cad No/Property De5cr 000000426a ACreag6:010100 MIDTOWN RESERVE PH 102, BLOCK4, LOT 6, ACRES 0101 TOLEDO BEND CR faxes Penalties Payments 121.A4 0.00 0.00 Over r3$ Vetere n Installment Code Due Feb. 2021 Del. P&I Due 8.50 129.94 No N Due Mar. 2021 Due Apr, 2021 Del. P81 Due Del_ P&1 Duo 10.93 132.37 13.36 134.80 00000042$360 Acreage:0.10100 Over65 MIDTOWN RESERVE PFt 102. BLOCK 4, LOT 7. ACRES Veteran 0.101 Installment Code TOLEDO BEND DR Due Feb. 2021 Taxes Penalties Payments_ Del. P&1 Due 121.44 0.00 0.00 8.50 129.94 No No N Due Mar. 2021 Due Arr. 2021 Dal. P&1 Due DAI. P&I Due 10.93 132.37 13.3E 134.80 000000426360 Acreage: 0.10100 Over 65 MIDTOWN RESERVE PH 102, BLOCK 4 LOT 8, ACRES Veteran 0.101 Installment Code TOLEDO BEND DR Taxes Penalties Pavrnents 121.44 0.00 0.00 Due Feb. 2021 Del. P8I Due 8.50 i29.94 No No N Duo Mar, 2021 Due Aor. 2021 Dal P8,1 Due Del. P&1 Due 10.93 132.37 13.36 134.80 000000426361 Acreage. 0,10100 Over 95 MIDTOWN RESERVE PH 102, BLOCK4, LOTS, ACRE Veteran 0.101 Installment Code TOLEDO BEND DR Taxes Penalties Pavmentt 121.44 0.00 0.00 Na No N Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Del. P&1 Due Del. P&I Due Del. PM Due 8.50 129.94 10.93 132.37 13.36 134.80 000000428562 Acreage:4.10100 Oyer 65 MIDTOWN RESERVE PH 102 FROCK 4, LOT 10, ACRES Veteran 0 101 Installment Code TOLEDO BEND DR Taxes Penalties Payments 121.44 0.00 0.00 Due Feb. 2021 Del. P&I Due 8.50 129.94 No No N Due Mar. 2021 Due Aor. 2021 Del. P&I Duo Dal. P&I Due, 10.93 132.37 13.36 134, 80 000000426363 Acreage: 0.10100 Over 65 MIDTOWN RESERVE PH 102, BLOCK 4, LOT 11, ACRES Veteran 0.101 Installment Cote TOLEDO BEND DR Taxes penalties Payments 121.44 0.00 0.00 Due Feb. 2021 Del. P&1 Due 8.50 129.94 No No N Due Mar, 2021 Due Afar. 2021 Der. P81 Due DeL P&1 Due, 10.93 132.37 13.36 134.80 000000426364 Acreage. 0.1010a Over 65 MIDTOWN RESERVE PH 102, BLOCK4, LOT 12, ACRES Veteran 0.101 Inetellment Code TOLEDO BEND DR Taxes Penalties Payments 121.43 0.00 0.00 Na No N Due Feb. 2021 Due Mar. 2021 Del. P&I Due Del, P&I Due 8.50 129-93 10.93 132.36 Due Aar. 2021 Del. P&! Due 13,36 134.79 Report Prepared joy B&A Municipal Tax www.bamunitaxoom Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO, 2 Page 5 Delinquent Tax Roll 312/2021 As of 212B12021 8:12 AM Account No/Name/Address Cad No/Property Descr. 41380910240150 0D0o0B425365 Acreage' 010520 Diverfi5 NO CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102 BLOCK 4, LOT 19, ACRES Veteran No 3515 SW H K MOGEN LOOP D.r0.52 Installment Cade N TEMPLE, TX 70502-1021 TOLEDO BEND DR Due Feb 2021 Due Mar. 2021 Due Aur. 2021 Year Stml Date Deli,'Oats Code Taxes Penalties Payments Der. P&1 Due Del. P&I Due Del, P&f Due 2020 10/1/2020 21021 121.43 0.00 0.00 8.50 129.93 10.93 132 36 13.36 134.79 41360010240140 000000420365 Acreage:0.10710 Over65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 4, LOT 14. ACRES Veteran NO 0515 SW H K DODGEN LOOP 0.1071 Installment Code N TEMPLE, TX 76502-1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Cue Apr. 2021 )(ear Simt Date ❑o!g Dale Code Taxes Penalties Pawnor Is Del. P&1 Due Del. P&I Due Del. P&I Due 2D20 10/1/2020 212/202/ 121.43 0.00 0.00 6.50 129.93 14.93 132.36 13.36 134.79 41380010240150 000000426367 Acreage:0_10110 Over55 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 4, LCT 15, ACRES Veteran No 3515 SW H K DODGEN LOOP 0.1011 Installment Code N TEMPLE, TX 7E502-1 021 TOLEDO BEND DR Due Feb, 2021 Due Mar, 2021 Due Apr. 2021 Year Strnt Date ❑e19 Date Code Taxes Penalties Payments Del. P&1 Due Dei. P&I Due Del P&I Due 2020 10/1/2024 2/2/2021 121,43 0.00 0_00 8.50 129.93 10.93 132.36 13.35 134.79 413906102401H 00000042E368 Acre39e:0.10700 (vet65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE Pit 102, BLOCK 4, LOT 10, ACRES Veloton Na 35i 5 SW H K DODGEN LOOP 0.101 Installment Code N TEMPLE, TX 76502-t 021 TOLEDO BENI) DR Due Feb. 2021 Ode Mar. 2021 Due Apr, 2021 Year Stmt Date Delp Date Code Taxes Penalties Payments Del_ 138.1 Due Del. P&I Due Del. P&I Due 2020 10/1/2020 2/272021 121.43 0.00 0.00 8.50 129.93 10.93 132.36 13.36 13,.79 41360010240170 O0000C426369 Ammo: 0 10100 Over E5 NO CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PI 102, BLOCK 4, LOT 17, ACRES Veteran NO 3615 SW H K DODGEN LOOP 0.101 Inatallrneni Code N TEMPLE. TX 76502-1021 TOLEDO BEND DR Due Feb, 2021 Due Mar, 2021 Due Apr 2021 Year Slmt Date De Dale Code Taxes Penalties Payments Del P&I Due Def. P&I Due Del. PM Due 2020 1011/2020 212)2021 121.43 0.0D 0.00 8.50 129.93 10.93 132.36 13.36 134 79 413300t0240130 00006042637D Acreage: 0,101 130 Over 65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 4, LOT la, ACRES Veteran No 3515 SW H K DODGEN LOOP 0.101 1nstollmant Coda N TEMPLE, TX 76E02.1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Stmt Date Delp Date Code Taxes Penalties Pay ents Del. P&I Due Del. Pal Due Del. P&I Due 2020 10/1/2020 2/2/2021 121.43 0.00 0.00 8.60 129.93 10.93 132.36 13.36 134.79 4155601024019D 000000426571 Acreage: 0.10100 Over ES No CONTINENTAL HOMES OF TEXAS Lp MIDTOWN RESERVE PH 102, BLOCK 4, LOT 19, ACRES Veteran No 3515 SW H K DODGEN LOOP 0.101 Installment Code N TEMPLE, TX 76502-1021 TOLEDO BEND DR Due Feb, 2021 Due Mar, 2021 Due Apr, 2021 Year Sim( Date Del,q Date Coda Taxes Penalties Payments Del PSI Due Del. P&I Due Del. P&l Due 2020 10/1/2020 2/2/2021 119.90 0.00 0.00 8.39 128.29 10.79 130.69 13.19 133.09 Report Prepared by B&A HdVnip pill Tux www,t?munitex,cnm Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO, 2 Delinquent Tax Roll As of 2r2 &12021 Page 6 312f2D21 6:12 AM Account No/Name/Address 41360010240200 CONTINENTAL HOMES OF TExAs LP 3$15 SW H K OODGEN LOOP TEMPLE, TX 79502-1021 Year Stmt Date Det9 Date Code 2020 1011/2020 212 021 41360010240210 CONTINENTAL HOMES OF TEXAS LP 3515 SW H KDODOEN LOOP TEMPLE, TX 78502-1021 Year Simi Dale DO Date Code 2020 10/1/2020 2f2/2021 41380010240230 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DO DGEN LOOP TEMPLE, TX 76502-1021 Year Strnt Date Delp Date Code 2020 10/1/2020 2/2 2021 41360010240250 CONTINENTAL HOMES OF TEXAS LP 3515 SW H IC DODO EN LOOP TEMPLE. TX 70002.1021 Year Stmt Date Delg Date Code 2020 10l1J2020 2/22021 41360010240270 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODO EN LOOP TEMPLE, TX 78502-1021 Year Simi Date Delp Date Code 2020 1 DM /2020 212/2021 413800102.40310 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DOOGEN LOOP TEMPLE, TX 70a02-1021 Year Simi Date D*. Date Code 2020 1011f2020 212)2021 4130001024033D CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Stmt Date Delp Date Code 202D 10/1/2020 2/2/2021 Cad No/Propertv Descr. 000000420372 Acseege: 0.10100 over 65 MIDTOWN RESERVE PI. 102 BLOCK 4, LOT 20, ACRES Veteran 0,101 Installment Code TOLEDO BEND DR No No N Due Feb_ 2021 Due Mat. 2021 Due Apr. 2021 Taxes Penalties Pavrnents Del. P&I Due Del_ P&I Due Del, Pal Due 119.90 0.00 0,00 8.39 128.29 10.79 130.69 13.19 133.09 000000420070 Acreage: 0.10100 Over 65 MIDTOWN RESERVE PH 102, BLOCK 4, LOT 21, ACRES Velum 0.101 Inaiellrneni Code TOLEDO BEND DR Taxes Penalties Payments 119.90 0.00 0.00 No Ng N Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Del. P&I Due Del. P&I Due Del. P81 Due, 8.3E 128.29 10.79 130.69 13.19 133.09 000000420375 Acreage: 0.10100 Over 65 MIDTOWN RESERVE PH 102, BLOCK 4, LOT 23, ACRES veteran 0.1D1 Installment Code TOLEDO BEND DR Taxes Penalties Payments 119,90 0,00 0.00 No No N Due Feb. 2021 Due Mar. 202.1 Due Aor, 2021 Del. P81 Due Del. P&I Due Del. P&1 Due 8.39 128.29 10,79 130.89 13.19 133.09 000000426377 Acreage' 0.10100 Over 65 MIDTOWN RESERVE PH 102, BLOCK a. LOT2S, ACRES Veteran 0.101 Installrnant Code TOLEDO BEND DR Taxes Penalties Payments 119.90 0.00 0.00 No No N Due Feb. 2021 Due Mar. 2021 Due Aar. 2021 Del. P&I Duo Del. P&I Due Del_ P&I Due 8.39 128.29 10.79 130.59 13. t 9 133.09 e aSe00426379 Acreage: 0.11)100 Over 05 MIDTOWN RESERVE PH 102. BLOCK 4, LOT 27, ACRES Ve1e an O .101 Ins:ellmeni Cade TOLEDO BEND DR Taxes Penalties Payments 119.90 0.0D 0.00 Na Na N Due Feb, 2021 Due Mar. 2021 Due Apr. 2021 Del. P81 Due Del. Pal Due Del. Pal Due 8.39 128.2E 10,79 130.69 13.19 133.09 00000D426383 Acreage:0,10100 Over 65 MIDTOWN RESERVE PH 102, BLOCK d. LOT 31. ACRES Veteran 0.101 Installment Code TOLEDO BEND DR Taxes Penalties Payments 119,90 0.00 0.00 No No N Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Del. P&I Due Del, P8i Due Del. P&I Due 8.39 128.2 8 10.79 130.69 13.1E 133.09 000000426565 Parana: 0.1 D100 Over 65 MI DTOv4N RESERVE PH 102, BLOCK 4, LOT 33, AC R ES Veteran 0.101 Installment Cude TOLEDO BEND DR Taxes Penalties Payments 119.9D 0.00 0.00 Na hlo Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Del. P&1 Due Del. P&1 Due Del. P81 Due 8.39 128.29 10.79 130.69 13,19 133.0E Report Prepared by B&A Municipal Tex v,ww.bemunitex.com Jurisdiction_ MD2 ROCK PRAIRIE MANAGEMENT OISTRtCT NO, 2 Delinquent Tax moll As of 212812021 Page 7 31212021 8:12 AM Account Na/Name/Address 41380010240340 CONTINENTAL HOMES OF TEXAS LP $61.5 SW H K DODGEN LOOP TEMPLE, TX 75502-1021 Year Strut Date De/g Date coda 2020 10/1/2020 21212021 41380010240350 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1 D21 Year Slrrlt Date Delq Date Corte 2020 10/112020 212/2021 41380510240360 CONTINENTAL HOMES OF TEYAS 1p 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Stmt Date DEO Date Code 2020 10/1 /2020 212 021 41380010240370 CONTINENTAL HOMES OF TEXAS LP 3515 S41i1 H K DODGEN LOOP TEMPLE. TX 79502-1027 Year Stmt Date Delpp Date Coda 2020 10/1/2020 212(2021 4113800102403813 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Simi Date Daly Date Code 2020 10(1/2020 212/2021 41380010240390 CONTINENTAL HOPES OF TEXAS LP 3513 SW H K DOOGEN LOOP TEMPLE, TX 78502-1021 Year Stmt Date Delp Date Code 2020 10/1/2020 2102021 41360010250270 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Strni Date Dela Date Code 2020 10l1 /2020 2/2/2021 121.43 0.00 Cad Ho/Property Descr. 0D0c00426 Acreage: 0.10 r DC Over E5 MIDTOWN RESERVE Pli 102, BLOCK 4, LOT 34, ACRES Valaran 0.101 Installment Code TOLEDO REND DR Taxes 119.90 PenaItie.a Pa ants 0.0➢ 0.00 Due Feb. 2021 Del. P&I Flue 8_39 128.29 No No N Due Mar. 2021 Del. P&I Due 10.79 130.69 000000426397 Acreage:0.10050 Over 65 MIDTOWN RESERVE PH 102, BLOCK 4, LOT 35. ACRES Veteran 0.1008 Installment Cade TOLEDO BEND DR Taxes Penalties Payments 119.90 0.00 0.00 No No Due Feb, 2021 Due Mar, 2021 Del. P I Due Del. P&I Rua 6.39 128.29 10.79 130,69 000000426388 Acreage: 0,09010 Over 65 MIDTOWN RESERVE PH 102, BLOCK4, LOT38 ACRES Veteran 0,0997 Installment Code TOLEDO BEND DR 14o #J4 tJ Due Aar. 2021 Del. PAI Due 13.19 133_09 Due Apr, 2021 Del. P&1 Due 13.19 133.09 Due Feb. 2021 Due Mar. 2021 Due Anr. 2021 Taxes Penalties Pavrrents Del. P&1 Due Del. P&I Due Del. P&1 Due 119.90 0,00 0.00 6.39 128.29 10.79 130.69 13.19 133.09 000090420359 Acreage 0,09710 Over65 MIDTOVVN RESERVE PH 102, BLOCK 4, LOT 37, ACRES Veteran 0.0971 tnstallment Code TOLEDO BEND DR Taxes 119.90 Penalties Payments 0.od o.00 No No N Due Feb_ 2021 Due Mar. 2021 Due Apr, 2021 Del_ P&l Due Def. P&I Dee Del. P&1 Due 8.39 128.29 10.79 130.69 13.19 133.09 000000426390 Acreage: 0.00230 over 65 MIDTOWN RESERVE PH 102, BLOCK 4. LOT 38, ACRES Verberen 0.0923 Installment Coda TOLEDO BEND DR Due Feb. 2021 Taxes Penalties Payments Del. P&1 Due 0.00 8.50 129.93 No No N Due Mar. 2021 Due Apr. 2021 Del. P&I Due Dal. P&1 Due 10.93 132.36 13.36 134.79 000000426321 Ac, reage: 0.08020 Over 65 MIDTOWN RESERVE PH 102, BLOCK 4, LOT 39, ACRES Veteran 0 0882 Installment Code TOLEDO BEND DR Na No N Dire Feb. 2021 Due Mar. 2021 Due Aar. 2021 Taxes Penalties Paymgrats Del. P&I Due Del. P&I Due Del. P&l Due 121.43 0.00 0.00 8.50 129.93 10.93 132.36 13.38 134.79 00000042639E Acreage: 0.10100 Over 65 MIDTOWN RESERVE PH 102. BLOCK5, LOT 27,ACRES Veteran 0,101 Insl6l [merit Code TOLEDO BEND OR Taxes Penalties Payments 119.90 0.00 ODD No ND N Due Feb. 2021 Due Mar. 2021 Due Apr- 2021 Del. P& I Due Del. P&I Due Del. P&I Due 8.39 128.29 10.79 130.69 13.19 133.09 Report Prepared by MLA Municipal Tax www.namunitax.com Jurisdiction_ MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 Page 8 Delinquent Tax Roil 312/2021 As of 2J28i2021 3:12 AM Account No/Name/Address Cad No/Pro rty Descr. 413L ov , Li:*v a u•r 000000425599 Acreage: 0.1010D Over 05 NO CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 5, LOT 30. ACRES Veteran NO 3515 SW H K DODGEN LOOP 0 10t Instilment Coda N TEMPLE, TX 76502-1021 TOLEDO VEND DR Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Year Stint Date Delq Date Cade Taxes Penalties Payments Del. P&1 Due Del. P&I Due Del. Pal Duq 2020 10/1/2020 202021 119.90 0.00 0.00 8.39 12829 10.79 130.69 13.19 133.09 41360010260310 000000425.1100 Acreage: D.10100 Over 66 No OONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102. BLOCK 5. LOT3i,ACRES Velum No 3$1 S SW H K DODGEM LOOP 0.101 Installment Code N TEMPLE, TX 76502-1021 TOLEDO BEND DR Due Feb. 2021 Due Mar, 2021 Due Abr, 2021 Year Stmt Date Dergpate Code Taxes Penalties Payments Del. P&I Due Del. P81 Due Del. P8I Due 2020 10/1/2020 2i212D'21 119.90 0.00 0,00 8.39 128.29 10.79 130.69 13.19 133.09 413110010250410 000005426410 Acreege:0,10100 Overe8 Na CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 5, LOT 41, ACRES Veteran Nc 3515 SW H K DODGEN LOOP 0.101 Installment Code N TEMPLE. TX 76502-1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Year Stint Date Delqq Date code Taxes Penalties Payments Del. P&1 Due Del. P81 Due Del. P8i Due. 2020 1011/2020 2/2/2021 119,90 0.00 0.00 8.39 128.29 10.79 130.69 13.19 133.09 413900i0250430 000000426412 Acreage:0_10100 Over 65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102, BLOCK 5, LOT 43. ACRES Veteran No 3515 SW H K DODGEM LOOP 0,101 Installment Code r TEMPLE, TX 76502-1021 TOLEDO BEND DR Due Feb. 2021 Due Mar. 2021 Due Aor, 2021 Year Stint Date Delq Date Cade Taxes Penalties Payments Del. P&I Due Del, P&1 Due Del. P&l Due 2020 1011J2020 212+2021 119_90 0,00 0.00 B.39 128.29 10.79 130.69 13.19 133.09 41380010250444 000000425413 Acreage. D.10100 Over 65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 1 D2, BLOCK 5, LOT 44, ACRES Veteran No 3516 SW H K DODGEN LOOP 0.101 Irslatlment Coda N TEMPLE, TX 76602-1021 TOLEDO BEND DR Due Feb, 2021 Due Mar. 2021 Due Apr. 2021 Year Stmt Date Delp pile Code Taxes Penalties Pavrrkents L7ef. Pal Due Del. P8d Due Del. P&i Due 2020 10/112020 2/2/20 1 119.90 0.00 0.00 8.39 128.29 10.79 130.69 13.19 133.09 41380e10750450 000000426414 Acreage:0,10100 01Ier55 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 1CY2, BLOCK 5, LOT45, ACRES Veteran No 3515 SW H K DODGEN LOOP 0,101 Installment Code N TEMPLE, TX 76562-1021 TOLEDO BEND DR Due Feb, 2021 Due Mar. 2021 Due Aor, 2021 Year Stint Date Delqq Date Goie Taxes Penalties Payments Del_ P&I Due Del, P&t Due Del. P&I Dua 2020 10/112020 2/212021 119.90 0.00 0.00 8.39 128.29 10.79 130.69 13_19 133.09 4.13800110250450 000000426415 Acreage: 0,12810 Over65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 102. BLOCKS, LOT 46,ACRES Veteran No 5515 SW 11 K DODGEN LOOP .1281 Installment Code N TEMPLE, TX 76502-1021 Year Stmt Date Dellaq Date Code 2020 1011 /2020 212/2021 TOLEDO BEND DR Tawas Pen&iV 119.90 ddDO Due Feb. 2021 Due Mar. 2021 Due Anr. 2021 Payments Del. P$l Due Del. P8,1 Due Del. P&l Due. 0.00 8.39 128.29 10.79 130.69 13.19 133.09 Report Prripara 1 by B&k Mun rppai Tax www.bamuniiax.com Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO, 2 Delinquent Tax Roll As of 2128/2621 Page 9 312/2021 8:12 AM Account NO/Name/Address 41360020170010 CONTINENTAL HOMES OF TEXAS LP 3515 $W H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Stmt Date Delp Date Code 2020 1 Rf1 /2020 2/2/7021 413,80020110020 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE. TX 70502-1021 Year Stmt Date Delp Dale Code 2020 1011/2020 2/212021 41380020170030 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Stmt Date Delo Date Code 2020 10/1/2020 2/2/2021 41380020/70040 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE, TX 76502-1021 Year Stml Date Delp Date Code 2020 10/1/2020 2/2/2021 41300020170000 CONTINENTAL HOMES Of TEXAS LP 3S I S SW H K UODOEN LOOP TEMPLE, TX76502-1021 Year Stml Date Delp Date Cade 2020 10i112020 2/2/2021 41380020170080 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEM LOOP TEMPLE, TX 70502-1021 Year Stmt Date Delp Date 0000 2020 10/112020 2/2/2021 41300020170070 CONTINENTAL HOMES OF TEXAS LP 3515 SW 11 K DODGEN LOOP TEMPLE, TX 76502-1021 Year Stmt Date Delp Date CoCe 2020 10/112020 2/2/2021 Gad No/Property Descr. 000000427437 Acreage 0.10500 Over 65 MIDTOWN RESERVE PH 200, BLOCK 17, LOT 1, ACRES Veteran 0.105 Insia1Imarlt Cade AMISTAD LOOP No No N Due Feb. 2021 Due Mar. 2021 Due Aar. 2021 Taxes Penalties Payments Del. P&I Due Del. P&l Due Del, P&I Due 125.00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 000000427430 Acreage. 0,11ono Over 65 MIDTOWN RESERVE PH 200, BLOCK 17, LOT 2, ACRES Veteran 0.11 Installment Crude AMISTAD LOOP N4 No Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Taxes Penalties Payments Del. P&I Due Del. P&l Due Del. P&I Due 125.00 0.00 0.00 8.75 133,75 11.25 136.25 13.75 138.75 000000427430 Acreage:0.11700 0Ver05 MIDTOWN RESERVE PH 200. BLOCK 17, LOT 3, ACRES Veteran 0,117 Installment Code AMISTAD LOOP No No N Due Feb. 2021 Due Mar. 2021 Due Apr, 2021 Taxes Penalties Payments Del. P&t Due Del. P&I Due Del. Pal Due 125.00 0.00 0.00 8.75 133.75 11.25 135.25 13.75 138.75 000D00427'I4D Acreage' 0.11550 Ovor 65 MIDTOWN RESERVE PH 200, BLOCK 17, LOT 4, ACRES Veteran 0.1156 Installment Code AMISTAD LOOP No No N Due Feb, 2021 Due Mar, 2021 Due Apr. 2021 Taxes Penalties Payments Def. P&I Due Del. Pal Due Del. P&l Due 125.00 0.00 0.00 8.75 133.75 11.25 138 25 13.75 138.75 C03000427441 Acreage: 0.11200 Over 85 MIDTOWN RESERVE PH 200, BLOCK 17, LOT 5, ACRES Veteran 0,112 Installment Cade AMISTAD LOOP No No M Due Feb. 2021 Due Mar. 2021 Due Anr. 2021 Taxes Penalties Pavrrkents Del_ P&I Due Del. P&I Due Dal. P&I Due 125.00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 000000427442 Acreage: 0.12300 Over 65 MIDTOWN RESERVE PH 200, BLOCK 17. LOT 6, ACRES Veteran 0.123 Irslarlmanl Gotha AMISTAD LOOP No No Due Feb. 2021 Due Mar. 2021 Taxes Penalties Payments Del. P&I Due Del. Pal Due 125.00 0.00 0.00 8.75 133.75 11.25 136.25 000000427443 Acreage: 0.10200 Over 65 MIDTOWN RESERVE PH 2D0, BLOCK 17, LOT7, ACRES Veteran 0.102 Installment Dade AMMSTAD LOOP Due Feb. 2021 Taxes Penalties Payments Del. P&l Due 125.00 0.00 0.00 8.75 133.75 M4 Na hr Dueieior, 2021 Del_ P l Due 13.75 138.75 Due Mar. 2021 Due Aor. 2021 Del. P&I Due Del. P&I Due 11.25 135,25 13.75 136.75 Report Prepared by t3&A Municipal Tax wew.bamunllax.com Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NJO.2 Delinquent Tax Roll As of 2128f2021 Page 10 31212021 8;12 AM Account No/Name/Address 41350020170030 CONTINENTAL HOMES OF TEXAS LP 3515 SW H 1C DODGEM LOOP TEMPLE, TX 78502-1021 Year SImt Date Delp Date Code 2020 10/1 /2020 21212021 41300020170090 CONTINENTAL HOMES OF TEXAS LP 515 SW H K D00GEN LOOP TEMPLE, TX 76502-1021 Year Stmt Date Dell Date Code 2020 101112020 212i 021 41360020170100 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K 0ODGEN LOOP TEMPLE, TX 755D2-1021 Year Stmt Date Detqq Date Code 2020 101112020 2/2/2021 41380020170110 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEN LOOP TEMPLE. TX 76502-1021 Year Stmt Date Delp Date Code 2020 10)112020 212/2021 41380020170120 CONTINENTAL HOMES OF TEXAS LP 3015 SW H K DODOEN LOOP TEMPLE, TX 755G2-1021 Year Stmt Date Dela Date Cade 2020 10/1/2020 21212021 41350020170130 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DODGEM LOOP TEMPLE, TX 78502-1021 Year Stmt Date De1,p Date Code 2020 10/1)2020 212-12021 41080020170140 CONTINENTAL HOMES OF TEXAS LP 3515 SW I-1 K DODGEM LOOP TEMPLE, TX 75502-1021 Year Stmt Dais Delg Dale Code 2020 10/112020 2+2/2021 Cad No/Property Descr. opCO00427444 Acreage 0.10100 Over55 MIDTOWN RESERVE PH 200. BLOCK 17 LOT 8,ACRES Vete.•an 0.101 Installment Code AMISTAD LOOP No No N Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Taxes Penallies Pavrrpents Del. P&I Due Del. P&l Due Del. P&I Due 125.00 0.00 0 00 8.75 433 75 11.25 136.25 13,75 138.75 000000427445 Acreage 0.161 00 Over 65 MIDTOWN RESERVE PH 200, BLOCKI7, LOT 9,ACRES Veteran 0.101 Installment Code AMISTAD LOOP No No N Due Feb. 20.21 Due Mar. 2021 Due Aor. 2021 Taxes Penalties Payments Del. P&! Due Dal. P&I Due Del. P81 Due 125,00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 000G00427445 Acreage: 0.1010D Over 65 MIDTOWN RESERVE PH 200, BLOCK 17. LOT 10, ACRE Veteran 0.101 Irsiellment Cade AIMS IAD LOOP Taxes Penalties P nts 125.00 0.00 0.00 N0 N0 N Due Feb. 2021 Due Mar, 2021 Due ADr. 2021 Del. P&1 Due Del. P&I Due Del. P&I Due 8.75 133.75 11.25 136.25 13.75 138.75 00000C427447 Acreage:0.10100 Over ES MIDTOWN RESERVE PH 200, BLOCK 17, LOT 11. ACRE; Ve;ergn 0.1131 Installment Oede AMISTAD LOOP No No N Due Feb, 2021 Due Mar. 2021 Taxes Penalties Payments Del. P8l Due Del. P&I Due 125.00 0.00 0.00 8.75 133.75 11.25 136.25 060000427448 Acreage: 0,10100 Over 65 MIDTOWN RESERVE PH 2O0, BLOCK 17 I OT 12,ACHu. veteran 0.101 1:lslallmcnt Code AMISTAD LOOP No No N Due Feb. 2021 Due Mar, 2021 Taxes Penalties Payments Del. P81 Due Del. P&I Due 125.00 0.00 0.00 B.75 133.75 11.25 138.25 000000427440 Acre2ge. 0.10100 Oyer 05 MII)rOWN RESERVE PH 200, BLOCK 17, LOT 13, ACRE. Veteran 0.101 Installment Cede AIN!STAID LOOP No No N Due Aor. 2021 Del. P&I Due 13.75 138.75 Due Aar. 2021 Del. P8l Due 13.75 134,75 Due Feb, 2021 Due Mer, 2021 Due Apr. 2021 Taxes Penalties Payments Del. P&l Due Del. P&I Due Del. P81 Due, 125.00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 000000497450 Acreage: 0.70100 Over 65 MIDTOWN RESERVE PH 200, BLOCK 17 LOT 14, ACRE Veteran 0,101 Installment Cade AMISTAD LOOP No Na N Due Feb. 2021 Due Mar. 2021 Due Aar. 2021 Taxes Penalties Pa ants Del. P&I Due De!, P&I Due Del. P81 Due, 125.00 0.00 0.00 8.75 133.75 11,25 136.25 13.75 138.75 Repor, Prepared by BEA Municipal Tax www.txamunilax.corn Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO.2 Page 11 Delinquent Tax Roll 3I212021 As of 2i2a12021 8.12 Aldl Account N&&Narn&lAddross Cad No/Property Dascr. 41380030170550 004004427451 Acreage:0.50100 Over'65 NO CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 2a0, BLOCK 17. LOT 15, ACREE Veteran No 3515 SW H K DDDGEN LOOP 0.101 Inslal Iment Code N TEMPLE, TX 76502-1021 AMISTAD LOOP Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Stmt Date Dela Date Code Taxes Penalties Payments Del. P&I Due Del. P&I Due Del, P&1 Due 2020 10I112020 2/212021 125.00 0.00 0,00 8.75 133.75 11.25 138.25 13.75 138,75 41360020170160 000000427452 Acreage: 0.0990C Over 55 Na CONTINENTAL HOMES OF TEXAS Lp MIDTOWN RESERVE PH 200, BLOCK 17, LOT 16, AGREE Veteran No 2515 SW H IC DODGEM LOOP .4g9 Installment Cude N TEMPLE, TX 76502-1021 AMISTAD LOOP Due Feb. 2021 Due Mar, 2021 Due Aar, 2021 Year Stmt Date Delo Date Code Taxes Penalties Payments Del. P&I Due Del. P&1 Due Del. P&I Due 2020 10/1/2020 2/212021 125.00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 413800201a0010 000000477459 Acreage: 0,10120 0var65 Na CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 200, BLOCK 1B, LOT1, ACRES Veteran No 3515 SW I4 K DODGER LOOP .1012 Installment Code N TEMPLE, TX 75502-1421 AMISTAD LOOP Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Stmt Date Detg Date Code Taxes Penalties Payments Dal. P&t Due Dal. P&l Due Dal. P&I Due 2020 1011/2020 2/212021 125.00 0.00 0.00 8.75 133.75 11.25 138.25 13.75 138.75 41380020180020 000000427400 Acreage:0.10100 Over65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 200, BLOCK 1e, LOT 2, ACRES Veteran Na 3515 SW11 K DODGEM LOOP .101 lnstallment Cone N TEMPLE, TX 76502-102 T AMISTAD LOOP Due Feb, 2021 Due Mar, 2021 Due Apr, 2021 Year Slrnt Date Delqq Date Code Taxes Penalties Payments Del P&I Due Del. P&l Due Del. P&I Due 2020 10/1/2020 212/2021 125.00 0.00 0.00 8.76 133.75 11.25 136.25 13.75 138,75 41280020180030 000000427461 Acreage: 0.10100 Over 55 No CONTINENTAL HOMES OF TEXAS t.P MIDTOWN RESERVE PH 200, BLOCK 01, I DT 3, ACRLS Vemran No 3515 SW H K DODGEN LOOP 0.101 InStallmark Cade N TEMPLE, TX 76542-1021 AMISTAD LOOP Due Feb. 2021 Due Mar. 2021 Due Aar. 2021 Year Sim! Date Delq Date Cane Taxes Penalties Pastakents Del. P&I Due Del. P&I Due Del. P&l Due 2020 10l112020 2/212021 125.00 0,00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 41380020180040 00004042(462 Acreage. 0.10100 OverE5 Na CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESEW' PH 200, BLOCK 10. LOT 4, ACRES Veteran No 5518 SW H K OODGEN LOOP 0.101 Inaba Ilment Code N THOLE, E, TX 76542.1021 AMISTAD LOOP Due Feb. 2021 Due Mar. 2021 Due Aar, 2021 Year Strnt Date Dallir Date Code Taxes Penalties Payments Del, P&I Due Del. P&I Due Del. P&I Due 2020 10/1/2020 2/2/2021 125.00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 41380020180550 000040427462 Acreage: 0.10100 Over 05 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 204, BLOCK16, LOT5,ACRES Veteran No 3515 SW H K DODGEN LOOP 0.101 Installmeni Cede N TEMPLE, TX 765r>2-1021 AMISTAD LOOP Due Feb, 2021 Due Mar, 2021 Due Apr, 2021 Year Stmt Date De19 Dale Code Taxes Penalties Payments Del. Pal Due Del. P&1 Due Del. P&i Due 2020 10/112020 2/2/2021 125.00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 Raport Praparad ay Bak Mt,nicipal Tax w w.ba munitax.ojm Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 PAge 12 Delinquent Tax Roll 31212021 As of 212812021 8:12 AM Account NoJNarnelAddress Cad No/Property Descr. 41360020180060 000000427464 Acreage; 0,10100 Over 65 Na CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 200, BLOCK 16 LOT 0 ACRES Veteran No 3515 SW H K DODGER LOOP 0 101 Installment Cade N TEMPLE, TX 76502-1021 AMIS7A0 LOOP Due Feb. 2021 Due Mar. 2021 Due Am, 2021 Year Stmt Date Delp Date Cone Taxes Penalties Pavrn nts Del. P&I Due Del. P&I Due Del- P&I Due_ 2020 10l11202a 2/2/2021 125.00 0.00 DAO 8.75 133.75 11.25 138 25 13.75 138.75 41300020180070 000003427465 Acreage: 0.15109 Over 65 Ma CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 200, BLOCKI8, LOT 7,ACRES Veteran No 3515 SW H K DODGEM LOOP 0.101 Installment Code N TEMPLE, TX 76502-1021 AMISTAD LOOP Due Feb. 2021 Otte Mar. 2021 Due r. 2021 Year Stott Date Deb Dale Code Taxes Penalttes Payments Del. Pal Due Del. P&I Due Del. P&l Due 2020 10/1/2020 21212021 125.00 0,00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 41380020180080 000000427466 Acreage. 0.11630 Over 05 No CONTINENTAL HOMES OFTEXAE LP MIDTOWN RESERVE PH 200, BLOCK 15 LOT U.ACRES Veteran Na 3515SW H K DODGEN LOOP _1163 Installment Ocala N TEMPLE, TX 75502-1021 AMISTAD LOOP Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Strnt Date Deb Date Code Taxes Penalt:es Payments Del. P&I Due Del. P&I Due Del. Pad Due 2020 10/1/2020 212/'021 125 00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 4.1300020190010 00050042(45( Acreage:0.10300 Over65 No CONTJNENTAL HOMES OF TEXAS LP MIr]TOWN RESERVE PH 200. BLOCK 19, LOT 1, ACRES Veteran No 3515 SW H K DODGEN LOOP ,1o39 Installment Cade N TEMPLE, TX 76502-1021 DOUBLE MOUN !AIN RD Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Year Slmt Date Delqq Date Cede Taxes Penalties Payments Del. P81 Due Del. Pal Due Del, P&1 Due 2020 10/1/2020 212l2021 125.00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 41360020150020 000000427408 Acreage: 0.09640 Over 65 No CONTINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 200, BLOCK IS, LOT 2,ACRES Venn No 3515 SW H K DODGEN LOOP .0961 Installment Code N TEMPLE, TX 76502-1021 DOUBLE MOUNTAIN RD Due Feb, 2021 Due Mar. 2021 Due Aor. 2021 Year Stmt Date Delqq Date Code Taxes Penalties Pavmenls Del. KM Due Del. P&l Due Del. P&I Due. 2020 1011►2020 2/212021 125.00 0.00 0.00 8.75 133.75 11.25 136.25 13.75 138.75 41380020180090 000003e27469 Acreage: 0.09940 Over 55 No CON IINENTAL HOMES OF TEXAS LP MIDTOWN RESERVE PH 20C. BLOCK 19, LOT 3, ACRES VeLerail Na 3515SW H K DODGEM LOOP .0964 Installment Cede N TEMPLE, TX 713502-1021 DOUBLE MOUN 1AIN RD Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Year Stunt Date DelQpate Code Taxes Penalties Pavrvewels Del P81 Due Del. P&t Due Del. P&I Due. 2020 10/1/2020 21212D21 125.00 0.00 D.i70 8.76 133.75 11.26 136.25 13.75 138.75 4190602018404O 000000427470 Acrea9e:0,09640 0ver65 No CONTINFNTAL HOMES Of TEXAS LP MIDTOWN RESERVE PH 200, BLOCK lei, LOT 4,ACRES Veteran No 3515 SW H K DODGEN LOOP D264 Installment Code N TEMPLE TX 75502-1021 DOUBLE MOUNTAIN RD Due Feb. 2021 Due Mar. 2021 Due Aor. 2021 Year 5trrtt Date Detg Data Code Taxes Penalties Pavments Del. P81 Due Del. P&I Due Del. P&l Due 2020 1011I2020 212/2021 125.00 0.00 0.00 8.75 133.75 11.25 138.25 13.76 138.75 Report Prepared by B&A Municipal T$x www, be mur itax,ccm Jurisdiction: MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 Delinquent Tax Roll As of 2/28/2021 Page 13 3/202021 8:12 AM Account NoiName/Address 41380020190050 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K MOGEN LOOP TEMPLE. TX 70502-1021 Year Stmt Date Del Date Cala 2020 10/1/2020 2/21202i 41380020190060 CONTINENTAL HOMES OF TEXAS LP 3515 SW H K DOLMEN LOOP TEMPLE, TX 76502-1021 Year 8tm! Date Delp Date code 2020 10/112020 2/212021 41380420190074 CONTINENTAL HOMES OF TEXAS LP 351S H K DODGEM LOOP TEMPLE. TX 73502-1021 Cad No1P ro perty Descr. 000000427471 Aiereage.0.09040 0yer85 MIDTOWN RESERVE Pi- 200 BLOCK 19. LOT 5 ACRES Veteran 0.0904 Installment Code DOUBLE MOUNTAIN RC Taxes Penalties Payments 125.00 0.00 0 00 No No N Due Feb. 2021 Due Mar. 2021 Due Apr. 2021 Del. P&I Due Del. P&I Due Del, P&I Due 8.75 133.75 11.25 136.25 13.75 136.75 000000427472 Acreage: 0.09640 Over 65 MIDTOWN RESERVE PH 2130, BLOCK 19, LOT 6, ACRES Veteran 0.D$64 Installment Code DOUBLE MOUNTAIN RD Taxes Penalties Payments 125.00 0.00 0.00 No No Due Feb, 2021 Due Mar. 2021 Due Ayr 2021 Dol. P&1 Due Del. P&I Due Del. P&I Due 8.75 133.75 11.25 136.25 13.75 138.75 000000127473 Acreage: 0.00040 Over 65 MIDTOWN RESERVE PH 200, BLOCK 10, LOT7, ACRES Veterer 0,026q Installment Code DOUBLE MOUNTAIN RD Year Stmt Date Dek Date Code Taxes Pena€ties Payments 2020 10)1/2020 2(2 021 125.00 0.00 0.00 41384020194080 CONTINENTAL HOMES OF "1 EXAS LP 3615 SW N K DODGEM LOOP TEMPLE, TX 73502-1021 Year Stmt Date De(p Date Co -do 2020 101112020 212021 Na No Due Feb. 2021 Due Mar. 2D21 Due Apr, 2021 Del. P&I Due Del. Nil Due Del P&l Due. 8.75 133.75 11.25 135.25 13.75 138.75 00000r7427474 Acreage: 0,12970 Over 65 MIDTOWN RESERVE PH 2O0, BLOCK 19, LOr S, ACRES Veteran. _1297 Installment Code DOUBLE MOM 1UN RD Taxes Penalties 125.00 0.00 Payments 0.00 No Na N Due Feb. 2021 Due Mar. 2021 Due Aar. 2021 Del. P&1 Due Del. P8l Due Del. P&I Due. 8.75 133.75 11.25 136.25 13.75 138.75 Jurisdiction Totals (excludes Rollback Accounts1 Year Tax Levy Base Taxes Due Penalties Due Del. P&l Due Attv Fee Due Escrow Amt Total Due Count % Collected 2017 19,962.78 0.00 0.00 0.00 0.00 0.00 0.00 0 100.00% 2018 42,461.25 0.00 0.00 0.00 0.00 0.00 0.00 0 100.0D% 2019 73,299.93 0.00 0.00 0.00 0,00 0.00 0.00 0 100.00% v020 117.676.84 19.726.75 0.00 1380.78 0.00 0.00 21.107.53 88 83.24116, 19: 726.75 0.00 1 80.78 0.00 0.00 21,107.53 88 Jurisdiction Rollback Accounts Tot; Year Tax Lowy Rase Taxes Due Penalties Due 2017 5,306.24 0,00 0,00 2016 5,305.09 0.00 0.00 0,00 0.00 Dal. P&I Due Attv Fee Due Escrow Amt Total Due Count 0.00 0.00 0.00 0.00 0 100.00% 0.00 0.00 0.00 0.00 0 100.00% 0.00 0.00 0.00 0.00 0 Report Prepared by B&A Municipal Tax vrvrw. bemunila)r,opm EXHIBIT "F" EHRA ENGINEERING THE FUTURE SINCE 1936 ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 ENGINEERING REPORT MARCH 2021 TBPE No. F-726 TBPLS No. 10092300 Engineering Report, including: a. Authorize the design and/or advertisement of bids for construction of facilities within the District and approval of related storm water plans, including District. 1. Status of design of Lakeway Drive Reserve, Phase 200 No Update. Board Action: None. b. Authorize the award of/or concurrence in award of contracts for the construction of facilities within the District, authorizing acceptance of Texas Ethics Commissions ("TEC") Form 1295 and approval of any storm water permits. Board Action: None. EHRA Engineering 110011 Meadowglen Lane 1 Houston, Texas 770421 t 713.784.45001 f 713.784.4577 Rock Prairie Management District No. 2 March 2021 Page 2 c. Status of construction of facilities to serve land within the District, including the approval of any pay estimates and change orders and authorize acceptance of TEC Form 1295, including: 1. Construction of on -site sanitary sewer trunk line by Greens Prairie Investors, Ltd. Contractor Greens Prairie Investors, Ltd. Contract Days 120 days Approved Extensions 0 days Contract Completion Date 8/30/2018 Date Annroved Comment Contract Bid Amount $322,584.00 5/2/2018 Notice to Proceed Issued Quantity Adjustment 553.337.331, 7/9/2020 Remove Dewatering Total Contract Amount $269,246.67 Pay Request No. 1 Total Pay Requests Remaining on Contract 5242.322.00 S242,322.00 7/9/2020 $26,924.67 10.00% of Contract Remaining Construction is substantially complete. Board Action: None. 2. Midtown Reserve, Phase 104 by Greens Prairie Investors, Ltd. Contractor Greens Prairie Investors, Ltd. Contract Days 160 days Approved Extensions 0 days Contract Completion Date Contract Bid Amount 5471.655,50 Total Contract Amount S471,655.50 Total Pay Requests $0.00 Remaining on Contract $471,655.50 Construction is substantially complete. Board Action: None. Date Annroved Comment Notice to Proceed Issued 100.00% of Contract Remaining EHRA ruin, I nninonrinn 11f1f111 AAo,dn *u,Ion I nno I IJniictnn Tov,e 77f1A7 I I. 717 712A ASflfl I 1717 752A Ac 7 ENGINEERING THE FUTURE Rock Prairie Management District No. 2 March 2021 Page 3 3 Irrigation of Phase I Park Development by Green Teams, Inc. Contractor Contract Days Approved Extensions Contract Completion Date Contract Bid Amount Change Order No. 1 Change Order No. 2 Change Order No. 3 Total Contract Amount Pay Request No. 1 Pay Request No. 2 Total Pay Requests Remaining on Contract Green Teams, Inc. 45 0 5/10/2020 $435,305.00 $5,760.00 $5,756.00 S16.400.00 $463,221.00 S231,304.50 S157.208.40 $388,512.90 $74,708.10 Construction is substantially complete. Board Action: None. days days Date Annroved 3/27/2020 9/10/2020 9/10/2020 9/10/2020 7/9/2020 9/10/2020 4. Midtown Reserve, Phase 105 by Greens Prairie Investors, Ltd. Contractor Contract Days Approved Extensions Contract Completion Date Contract Bid Amount Total Contract Amount Total Pay Requests Remaining on Contract Greens Prairie Investors, Ltd. 150 0 10/4/2020 S1.961.787.50 S1,961,787.50 $0,00 $1,961,787.50 Construction is substantially complete. Board Action: None. days days Comment Notice to Proceed Issued Sleeves & Meter Sieves & Irr. Heads Bore Under Road 16.13% of Contract Remaining Date Annroved 5/7/2020 Comment Notice to Proceed Issued 100.00°/o of Contract Remaining foolomN EHRA FI-ID6 Fnninnorinn 110011 knt, ,4nuinlon 1 3no 1 OntLertn Tovx 77l0A7 I t 712 7RA ACM I f 712 7PA AC77 ENGINEERING THE FUTUR Rock Prairie Management District No. 2 March 2021 Page 4 5. Midtown Reserve, Phase 106 by Greens Prairie Investors, Ltd. Contractor Greens Prairie Investors, Ltd. Contract Days 160 days Approved Extensions 0 days Contract Completion Date Contract Bid Amount SU84.947.80 Total Contract Amount $684,947.80 Total Pay Requests $0.00 Remaining on Contract $684,947.80 Board Action: None. Date Annroved Comment 100.00% of Contract Remaining d. Acceptance of site and/or easement conveyances for facilities to be constructed for the District and acceptance of facilities for operation and maintenance purposes. 1. Special Warranty Deed from College Station Town Center, Inc. relative to detention pond site. Board Action: Approve Special Warranty Deed. e. Status of acceptance by the City of College Station, Texas for maintenance of streets. 1. Town Lake Drive, formerly Bird Pond Road. Board Action: None. EHRA FI-IPA Fnninoorinn I 1 flfll l F Aocrinu,oIon I ono 1 IJnnctnn Tovoc 7711A7 I 1.71Q 7511 ACM I f 711 7RA ACT/ ENGINEERING THE FUTURE EXHIBIT "G" INTERLOCAL AGREEMENT BETWEEN THE CITY OF COLLEGE STATION AND ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 THE STATE OF TEXAS COUNTY OF BRAZOS THIS INTERLOCAL AGREEMENT ("Agreement") is by and between the CITY OF COLLEGE STATION, TEXAS (the "City"), a municipal corporation and home -rule city located in Brazos County, Texas, and ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 (the "District"), a political subdivision of the State of Texas created by an Act of the 83rd Texas Legislature under the terms and provisions of Article III, Sections 52 and 52-a and Article XVI, Section 59 of the Texas Constitution, and operating pursuant to Chapter 3909, Special District Local Laws Code and Chapter 375, Texas Local Government Code, as amended. The City and the District are collectively referred to herein as the "Parties," and each individually referred to as "Party." WHEREAS, the Parties are both political subdivisions of the State of Texas and are authorized by the Interlocal Cooperation Act, Texas Government Code, Chapter 791, to enter into a joint agreement for the performance of certain governmental functions or services; and WHEREAS, the District is authorized by Chapter 3909, Special District Local Laws Code, as amended (the "Act"), to promote the health, safety, welfare and enjoyment of the public by providing, among other things, water, wastewater, drainage, parking, recreational and road facilities; and WHEREAS, the District was created to provide certain improvements and services to the land and other property located therein, as well as to promote, develop, encourage and maintain employment, commerce, transportation, housing, tourism, recreation, the arts, entertainment, economic development, safety and the public welfare within the District; and WHEREAS, the District is further authorized by the Act and the provisions of Chapter 375, Local Government Code, as amended, to undertake certain improvement projects, which may consist of the construction, acquisition, improvement, relocation, operation, maintenance, or provision of, among other things: landscaping; lighting, banners, and signs; streets and sidewalks; pedestrian skywalks, crosswalks, and tunnels; marinas, pedestrian malls; parks, plazas, lakes, rivers, bayous, ponds, and recreation and scenic areas; historic areas; fountains; works of art; and other similar improvements; and WHEREAS, each Party is authorized to individually perform certain governmental functions and services related to public health and welfare and other governmental functions in which the contracting Parties are mutually interested; and WHEREAS, in furtherance of its purpose, the District or the District's developer will construct dedicated park(s) on land within the boundaries of the District, and on any land that is annexed into the boundaries of the District with the consent of the City; and WHEREAS, the Park (hereinafter defined) will be developed by the District and/or the District's developer and dedicated to the City through the standard development and dedication process; and WHEREAS, the Park will be maintained for the enjoyment and benefit of the residents of the City, residents of the District and the general public (collectively, the `Benefited Parties"); and WHEREAS, the District may also employ a person or company to actively program events and activities in the Park; and WHEREAS, the City and the District have determined that it is in the best interest of each Party to enter into this Agreement pursuant to which the City and the District agree that the District shall use, operate, and maintain the Park and the Park Facilities (hereinafter defined); and NOW, THEREFORE for and in consideration of the mutual promises, covenants, and benefits herein set forth; the City and the District do hereby contract and agree as follows: GENERAL TERMS AND CONDITIONS 1. Incorporation of Recitals. The determinations recited and declared in the preambles to this Agreement are hereby incorporated herein as part of this Agreement. 2. Term. The initial term of this Agreement is for ten (10) years after the Effective Date. This Agreement, with the mutual written consent of both Parties may be renewed for two (2) additional consecutive five (5) year terms for a total of (20) years. 3. Termination. Either Party may terminate this Agreement for cause or convenience after providing the other Party 180 days' written notice. 4. Park Dedication. The District or District's developer will dedicate parkland as required per the City's Unified Development Ordinance through the development process to include neighborhood park(s) and/or community park(s), as generally depicted on Exhibit "A" attached hereto and incorporated herein (collectively, the "Park"). All dedications will become public parkland owned by the City. As required, all development plans, including amenities and equipment, must be approved by the City. 5. Park Operation and Maintenance. (a) Subject to the terms and conditions set forth in this Agreement, the City hereby grants to the District the right to operate and maintain the Park and related facilities, and the District hereby agrees to operate and maintain the Park and related facilities, including those recreational improvements and facilities permitted under the Act and Chapter 375, Local Government Code, as amended (the "Park Facilities"). The City and District agree that the "Park Facilities" shall include any water well constructed and operated in the Park for irrigation purposes (the "Well"), including irrigation, filling and refilling of the ponds and lakes in the Park, to serve the Park, Park Facilities and other recreational areas within the District. The Parties agree that the District will operate the Well and have the right to use the water produced from the Well in order to serve the Park, Park Facilities and other recreational areas within the District at no additional cost to the District other than regulatory permit fees associated therewith. (b) The District agrees at its sole cost and expense (i) to perform the day-to-day operation and maintenance of the Park and the Park Facilities, including, without limitation, seeding, watering and maintenance of all landscaped areas, pruning and cutting all trees and shrubbery, removing all trash and debris; and painting or other external care of all buildings and improvements in a manner and with such frequency as is consistent with safety and good property management, and to present at all times the appearance of a neat, attractive and well - kept area, (ii) to keep the Park and the Park Facilities in good repair, (iii) to replace Park Facilities worn by ordinary use with similar or upgraded facilities as reasonably necessary; provided that such replacement costs do not exceed $50,000.00 (collectively, "Ordinary Repairs and Maintenance"), and (iv) to contract with and determine consultants and vendors necessary for the operation and maintenance described in this Agreement. The Park shall be maintained to meet required City maintenance standards for City parks. (c) The District shall be responsible for all Ordinary Repairs and Maintenance. The City must approve, in writing, and prior to installation or replacement of any equipment installed in the Park and the City must review and approve in writing the construction plans prior to construction. Any changes to equipment during maintenance must be approved in writing by the City. (d) Any repairs, modifications or replacement of the Park and/or Park Facilities outside the scope of the Ordinary Repairs and Maintenance (collectively, "Major Repairs") shall be shared equally between the City and the District. The City must approve, in writing, any and all repairs, modifications, or replacement of the Park and/or Park Facilities outside the scope of Ordinary Repairs and Maintenance and prior to any such repair, modification, or replacement being made. Notwithstanding the foregoing, any repair, maintenance and/or replacement of the lake in the Park and the Well shall be solely the responsibility of the District. (e) The City has the right to perform routine inspections of the Park and Park Facilities. (f) The District agrees that it shall not perform any act or permit any activity that could materially diminish the value of the Park or the Park Facilities. The District further agrees to perform all acts necessary to preserve and protect the value of the Park and the Park Facilities and to utilize the Park and the Park Facilities in furtherance of the provision of recreation and beautification of the Park. The District agrees that all Park activity and programming shall be conducted in a manner consistent and promotes the well-being of the City's citizens and the general public. 6. Access to the Park and Park Facilities. The City hereby grants to the District, its representatives, contractors, agents and employees, a non-exclusive easement in and to the Park and the Park Facilities for the purpose of performing its obligations under this Agreement. The Park shall be open to the Benefited Parties for outdoor recreational purposes, and the District shall not restrict access to the Park or the Park Facilities or the use thereof on the basis of race, color, sex, national origin, or location of residence. 7. Park Programming. If necessary, the District at its sole cost will design and implement Park programming for the Park and coordinate for City approval. Any event shall meet all City ordinances and/or County ordinances, including but not limited to, any requirement for a special event permit. 8. Park Revenue. The District shall have the right to receive any and all revenues collected from all District programming and activities held at the Park and Park Facilities. All revenue received from District Park programs shall only be expended for Park purposes. The District upon written request shall provide the City within thirty (30) days an accounting of all funds received and spent from District Park Programming. District shall establish and maintain a reasonable accounting system that enables City to readily identify revenue and costs associated with Park programs. City shall have the right to audit, to examine, and to make copies of all financial and related records pertaining to this Agreement. If the audit discovers substantive findings related to fraud, misrepresentation, or non-performance, City may terminate this Agreement with seven (7) days written notice and recoup the costs of the audit work from the District. 9. Insurance. The District shall, at its sole cost and expense, procure and maintain, during the term of this Agreement, comprehensive general public liability insurance against claims for personal injury, death, or property damage occurring in, upon, or about the Park and the Park Facilities or relating to or arising out of the construction, operation, maintenance, or management of the Park and the Park Facilities. The types and amounts of coverage shall be comparable to those maintained by the City or the District for other parks it owns or operates, and shall be sufficient to fully cover the replacement value of the Park Facilities. The City shall be named as an additional insured therein and shall be provided with proof of such insurance upon execution of this Agreement and subsequently upon request. The District shall provide the City with thirty (30) days prior written notice of any amendment to or cancellation of any insurance policy. 10. Indemnification. Subject to the limitations as to damages and liability under the Texas Tort Claims Act, and without waiving its governmental immunity, the City and District agree to hold harmless the other Party, its governing board, officers, agents and employees for any liability, loss, damages, claims or causes of action caused, or asserted to be caused, directly or indirectly by the other Party, or any of its officers, agents or employees as a result of its performance under this Agreement. 11. Amendment. The terms and conditions of this Agreement may be amended upon the mutual written consent of both Parties. Mutual consent will be demonstrated approval of the governing body of each Party hereto. No modification to this Agreement shall be effective and binding unless and until it is reduced to writing and signed by duly authorized representatives of both Parties. 12. Utilities for the Park and Park Facilities. The District shall pay, or cause to be paid the cost of all utilities furnished to the Park and the Park Facilities, including but not limited to, electricity, gas, water, sewer and telephone and internet services. The District reserves the right to contest the validity or amount of any such utilities, and defer payment of any amounts disputed in good faith pending such contest. 13. No Assignment. Except as otherwise provided below, this Agreement may not be assigned by either Party hereto without the prior written consent of the non -assigning Party. 14. Choice of Law and Venue. This Agreement is governed in accordance with the laws of the State of Texas. Venue shall be in Brazos County, Texas. 15. Severabil ity. In the event any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect the other provisions, and in lieu of each provision that is invalid, illegal or unenforceable, there shall be added a new provision to this Agreement as similar in terms to such invalid, illegal, or unenforceable provision as may be possible and yet be valid, legal and enforceable, by means of good faith negotiation by the Parties to this Agreement or by reform by a court of competent jurisdiction. 16. Waiver. Failure of any Party, at any time, to enforce a provision of this Agreement, in no way constitutes a waiver of that provision, nor in anyway affects the validity of this Agreement, any part of this Agreement, or the right of the Party thereafter to enforce each and every provision of this Agreement. No term of this Agreement will be deemed waived or breach excused unless such waiver is in writing and signed by the Party claiming to have waived. Furthermore, any consent to or waiver of a breach will not constitute consent to or waiver of or excuse of any other different or subsequent breach. 17. 1lcadinQs. The section headings of this Agreement are for convenience and shall neither amplify nor detract from the text of this Agreement. 18. No Third Party Beneficiaries. This Agreement is not intended to create and does not create any rights in or benefits to any third party. The City and District will act independently in carrying out their respective obligations under this Agreement, and neither Party confers any rights or assumes any responsibility to a third party in connection with this Agreement. 19. Relation of Parties. It is the intention of the Parties that District is independent of the City and not an employee, agent, joint venturer, or partner of City and nothing in this Agreement shall be interpreted or construed as creating or establishing the relationship of employer and employee, agent, joint venturer or partner, between District and City or City and any of the District's representatives. 20. Notice. Notice which shall or may be given in accordance with the terms of this Agreement, shall be in writing and shall be hand delivered by expedited delivery service with proof of delivery, sent by United States mail, registered or certified, adequate postage prepaid, return receipt requested, or by electronic transmission, addressed to the following Parties: If to the City: If to the District: City of College Station Economic Development Department P.O. Box 9960 College Station, TX 77842-9960Telephone: 979-764-3423 Email address: anettles(c xstx.aov Rock Prairie Management District No. 2 c/o Schwartz, Page & Harding, L.L.P. 1300 Post Oak Boulevard, Suite 1400 Houston, Texas 77056 Attn: President, Board of Directors Telephone: (713) 623-4531 Email address: ccole(a,,sDhi In.com Each Party shall have the right to change its address for purposes of notice and to substitute the parties to receive copies of such notice, by giving notice as provided in this Section. Each notice given under this Agreement shall be deemed received and effective on the third (3rd) day after deposit in the U.S. mail, if mailed; upon actual delivery, if hand delivered; or upon confirmation of receipt thereof if sent by electronic transmission. 21. Entire Agreement. It is understood that this Agreement contains the entire agreement between the parties and supersedes any and all prior agreements, arrangements, or understandings between the parties relating to the subject matter. No oral understandings, statements, promises, or inducements contrary to the terms of this Agreement exist. This Agreement cannot be changed or terminated orally. [SIGNATURES COMMENCE ON FOLLOWING PAGE] IN WITNESS WHEREOF, this Agreement has been executed in multiple counterparts, each of equal dignity, as of the Effective Date. THE CITY OF COLLEGE STATION, TEXAS Mayor ATTEST/SEAL: City Secretary APPROVED AS TO FORM: City Attorney STATE OF TEXAS COUNTY OF BRAZOS This instrument was acknowledged on , 2021, by of City of College Station, Texas, on behalf of the City. Notary Public, State of Texas ROCK PRAIRIE MANAGEMENT DISTRICT NO. 2 By: STATE OF TEXAS § COUNTY OF BRAZOS § Uri Geva President, Board of Directors This instrument was acknowledged before me on this day of , 2021, by Uri Geva, President of the Board of Directors of Rock Prairie Management District No. 2, a political subdivision of the State of Texas, on behalf of said political subdivision. Notary Public, State of Texas AFTER RECORDING RETURN TO: Rock Prairie Management District No. 2 c/o Schwartz, Page & Harding, L.L.P. 1300 Post Oak Boulevard, Suite 1400 Houston, Texas 77056 EXHIBIT "A" 565792v2 c.a.rw, ”*..--, ar / / orm AM/ / OTN4 0..EG rty ]ta �a oavn ww��Ipgg�_ PM, 'E- ,.../n, CnL a .M= N M,4... Nano CI : nott an rimy A. Crt•9981 ...4... �.M n t " / 1 // / .. ' 1 /- 4/� Q-. t SCALE IN FELT ellitme 1121 tooKI 1' AS1•_ 601 14 IC .a 1,021 AI . 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