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HomeMy WebLinkAbout08/08/2019 - Regular Minutes - Rock Prairie Management District No. 2 ROCK PRAIRIE MANAGEMENT DISTRICT NO . 2 MINUTES OF MEETING OF BOARD OF DIRECTORS August 8 , 2019 The Board of Directors (the " Board " ) of Rock Prairie Management District No . 2 (the " District " ) met in regular session, open to the public on August 8 , 2019 , at 4121 State Highway 6 South, College Station, Brazos County, Texas 77845 , 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 Kamal Ariss — Assistant Vice President Jonathan Stark — Secretary Mark Lindemulder — Assistant Secretary and all of said persons were present, except Director Ariss , thus constituting a quorum . Also present were James Murr of College Station Town Center, Inc . ( " CSTC " ) ; Cynthia Colondres of Municipal Accounts & Consulting, L . P . ( " MAC " ) ; Blake McGregor of Fi;HRA Engineering ( " EHRA " ) ; Avik Bonnerjee and Brenda Bonnerjee of B &A Municipal Tax Service, LLC ( " B &A " ) ; Misael Flores of Post Oak Municipal Advisors LLC ( " POMA " ), Aubrey Nettles of the City of College Station, Texas (the " City " ) ; and Howard Cohen 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 . APPROVAL OF MINUTES As the first order of business , the Board considered approval of the minutes of its meeting held on July 11 , 2019 . After review and discussion, Director Geva moved that the minutes for said Board meeting be approved, as written. Director Glover 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 A , including checks presented for payment . Following discussion, Director Glover moved that said Bookkeeping Report be approved and that the checks identified in the report be approved for payment . Director Lindemulder seconded the motion, which unanimously carried . TAX ASSESSOR/COLLECTOR' S REPORT Mr . Bonnerjee then presented and reviewed with the Board the Tax Assessor-Collector Report for the month ended July 31 , 2019 , including checks presented for payment. A copy of such report is attached hereto as Exhibit B . After discussion, Director Glover moved that the Tax Assessor-Collector Report be approved and that the checks identified therein be approved for payment . Director Geva seconded said motion, which unanimously carried . TAX RATE RECOMMENDATION Mr . Cohen then advised the Board that the District is authorized to levy a maintenance tax on taxable property situated within the boundaries of the District at a rate not to exceed $ 1 . 00 per $ 100 of assessed valuation. Mr . Flores then advised that POMA is recommending that the District levy a 2019 maintenance tax rate of $ 0 . 50 per $ 100 of assessed valuation. There next followed a discussion concerning the requirements for notice of the District' s intention to adopt a 2019 tax rate . Mr . Cohen advised that, pursuant to Section 49 . 236 of the Texas Water Code , the District is required to provide a notice containing certain tax-related information in connection with each meeting at which the adoption of a tax rate will be considered . Mr . Cohen further advised that the information to be included in the notice is set forth in the Water Code and includes the proposed tax rate to be adopted . He advised that the District must provide the notice by either ( 1 ) publishing it at least once in a newspaper having general circulation in the District at least seven days before the date of the meeting at which the tax rate will be adopted, or (2) mailing it to each owner of taxable property in the District, at the address shown on the most recently certified tax roll of the District, at least ten days before the date of the meeting . Following discussion, Director Geva moved that the District' s tax assessor- collector be authorized to provide written notice by mail to each landowner of taxable property in the District of the District' s intention to adopt a 2019 tax rate at a meeting of the Board to be held on September 12 , 2019 , at 2 : 00 p . m . , in the form and at the time required by law. Director Lindemulder seconded said motion, which unanimously carried. ENGINEERING REPORT Mr . McGregor presented and reviewed with the Board an Engineering Report dated August 2019 , a copy of which is attached hereto as Exhibit C . Mr . McGregor noted that there were no action items required in connection with the Engineering Report. Mr . McGregor next advised the Board that the City requested that the District convey the completed portion of Bird Pond Road prior to August 14 , 2019 . Mr . Cohen next presented and reviewed with the Board a Special Warranty Deed from the District to the City relative to 2 . 902 acres of land representing the first phase of construction of Bird Pond Road . Following discussion, Director Geva moved that the Board authorize execution of the Special Warranty Deed from the District to the City . The motion was seconded by Director Stark and carried by unanimous vote . 2 526770 DEVELOPER' S REPORT The Board considered the Developer' s Report. Mr . Murr presented a verbal report on the status of development within the District. ATTORNEY ' S REPORT The Board considered the Attorney' s Report . Mr. Cohen discussed H . B . 2840 with the Board, which amends the Texas Open Meetings Act to state that the Board shall allow each member of the public who desires to address the Board regarding an item on the agenda to address the Board regarding the item at the meeting before or during the Board' s consideration of such item . In this regard, he advised the Board that SPH will add an item regarding public comments as the first item on all agendas going forward. Mr . Cohen also discussed S . B . 239 which requires the inclusion of a statement on the District' s water bills as to where to obtain information about the District' s Board and Board meetings . Mr. Cohen advised the Board that the next meeting will occur on the Board' s regular meeting date of September 12 , 2019 , and reminded the Board that the tax rate hearing to be conducted at that time requires that four Board members be in attendance at the time of the hearing . 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 Geva, seconded by Director Glover, and unanimously carried, the meeting was adjourned . f Assis a `cretary - 4--" / - 3 - 526770 LIST OF ATTACHMENTS Rock Prairie Management District No . 2 Minutes of Meeting of August 8 , 2019 Exhibit A Booldceeping Report Exhibit B Tax Assessor- Collector Report Exhibit C Engineering Report - 4 - 526770 EXHIBIT " A " MUNICIPAL ACCOUNTS - . CONSULTING, L. P. C Rock Prairie Management District o . 2 Bookkeeper ' s Report August 8 , 2019 1281 Brittmoore Road • Houston, Texas 77043 • Phone: 713 . 623 . 4539 • Fax : 713 . 629 . 6859 Rock Prairie MD No . 2 - GOF Cash Flow Report - Checking Account As of August 8 , 2019 Num Name Memo Amount Balance BALANCE AS OF 07 / 12/2019 ($7 ,437.38) Receipts Developer Advance 10,000. 00 Interest earned on Checking - July 0.78 Total Receipts 10,000.78 Disbursements 1075 FHRA Engineering Engineering Fees (1 ,121 .25) 1076 Municipal Accounts & Consulting, LP Bookkeeping Fee (1 ,171 . 12) 1077 Schwartz, Page & Harding, L.L.P. Legal Fees (8,579.31) Fees Compass Bank Service Charge - July (0.78) Total Disbursements (10,872.46) BALANCE AS OF 08/08 /2019 ($8,309.06) BBVA USA-PREMIER - #XXXX0276 Rock Prairie MD No . 2 - GOF Actual vs . Budget Comparison June 2019 June 2019 June 2019 - June 2019 Annual Actual Budget Over/(Under) Actual Budget Over/ (Under) Budget Revenues 14100 Developer Advance 1 ,000 1 ,000 0 1 ,000 1 ,000 0 67,490 14350 Maintenance Tax Collections 0 0 0 0 0 0 40,000 14380 Other Income 1 1 0 1 1 0 10 Total Revenues 1 ,001 1 ,001 0 1 ,001 1 ,001 0 107,500 Expenditures 16330 Legal Fees 2,975 5,000 (2,026) 2,975 5,000 (2,026) 60,000 16350 Engineering Fees 413 2,750 (2,338) 413 2,750 (2,338) 33,000 16430 Bookkeeping Fees 0 500 (500) 0 500 (500) 6,000 16450 Legal Notices & Other Publ. 0 0 0 0 0 0 2,000 16460 Printing & Office Supplies 45 58 (13) 45 58 (13) 700 16470 Filing Fees 1 58 (57) 1 58 (57) 700 16480 Delivery Fxpense 64 17 47 64 17 47 200 16520 Postage 5 4 1 5 4 1 50 16530 Insurance & Surety Bond 0 0 0 0 0 0 3,500 16540 Travel Fxpense 93 108 (16) 93 108 (16) 1 ,300 16560 Miscellaneous Expense 1 4 (3) 1 4 (3) 50 Total Expenditures 3,596 8,500 (4,904) 3,596 8,500 (4,904) 107,500 Excess Revenues (Expenditures) ($2,594) ($7,499) $4,905 ($2,594) ($7,499) $4,905 $0 EXHIBIT " C " • 44, yr MUNICIPAL TAX SERVICE , LLC ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE MONTH ENDING July 31 , 2019 B & A MUNICIPAL TAX SERVICE, LLC 13333 NORTHWEST FREEWAY, STE 505 MAIN 713-900-2680 HOUSTON, TX 77040 TOLL FREE 1 -888-598-7409 1 trr MUNICIPAL TAX SERVICE , LLC ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE PERIOD ENDING 7/31 / 19 RECEIVABLES SUMMARY 2018 Balance Forward Levy at 05/31 / 19 FYE $ 12 . 45 CAD Changes / Uncollectible $ 0 . 00 12 . 45 Outstanding Balance forward Prior Years (2017-2010 ) at 05/31 / 19 FYE $ 0 . 00 CAD Changes / Uncollectible $ 0 . 00 0 . 00 Total Levy to be collected 12 .45 Collection prior months (all years) $ 0 . 00 2018 Taxes Collected net NSF & KR Refunds during current month ( $ 12 . 45 ) Taxes Collected for Prior Years net NSF & KR Refunds during current month $ 0 . 00 ( 12 .45 ) Total Outstanding Balance 0 . 00 TAX ACCOUNT Beginning Balance — Tax Account 6 , 919 .62 Income Taxes Collected Current Year $ 12 . 45 Taxes Collected Prior Year $ 0 . 00 Penalties & Interest $2 . 12 Collection Fee Paid $2 . 91 Overpayments $ 0 . 00 NSF or Reversals , Bank Charges $ 0 . 00 Other Fees & Court Costs , Etc $ 0 . 00 Earned Interest $ 1 . 36 $ 18 .84 6 , 938 .46 Expenses CK# 1044 Perdue , Brandon , Fielder, Collins & Mott - Atty Delinquent Collections (7/2019) 2 . 91 CK# 1045 B &A Municipal Tax Service , LLC - Invoice MD2 -053 515 . 30 CK# 1046 B &A Municipal Tax Service , LLC - Invoice MD2 -054 55 . 75 $573 . 96 Ending Balance —Tax Account 6 , 364 . 50 B & A MUNICIPAL TAX SERVICE, LLC 13333 NORTHWEST FREEWAY, STE 505 MAIN 713-900-2680 HOUSTON, TX 77040 TOLL FREE 1 -888-598-7409 2 MUNICIPAL TAX SERVICE , LLC ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE PERIOD ENDING 7/31 / 19 OUTSTANDING TAXES - YEAR TO DATE BALANCE FORWARD CAD TAX @ SUPPLEMENTS & OUTSTANDING COLLECTIONS YEAR 10/01 /18 CORRECTIONS UNCOLLECTIBLE COLLECTIONS TAXES PERCENTAGE 2018 $49 , 461 . 25 $49 , 461 . 25 $0 . 00 100 . 00% 2017 $ 19 , 962 . 78 $0 . 00 $ 19 , 962 . 78 ($0 . 00) 100 . 00% ($0 . 00 ) EXEMPTIONS & TAX RATES TAX HOMESTEAD OVER 65 / DEBT SERVICE CONTRACT TAX YEAR EXEMPTION DISABLED M & 0 RATE RATE RATE TOTAL RATE 2019 0 . 00% 0 0 . 00000 0 . 00000 0 . 00000 0 . 00000 2018 0 . 00% 0 0 . 50000 0 . 00000 0 . 00000 0 . 50000 2017 0 . 00% 0 0 . 50000 0 . 00000 0 . 00000 0 . 50000 DISTRICT VALUES TAX LAND & PERSONAL YEAR IMPROVEMENTS AG NET PROPERTY EXEMPTIONS TOTAL VALUE SR KR 2018 9 , 881 , 920 28 , 690 309 , 850 328 , 210 9 , 892 , 250 30 30 2017 41069 , 643 27 , 010 0 104 , 096 3 , 992 , 557 47 47 B & A MUNICIPAL TAX SERVICE, LLC 13333 NORTHWEST FREEWAY, STE 505 MAIN 713-900-2680 HOUSTON, TX 77040 TOLL FREE 1 -888-598-7409 3 A 4 � ROCK PRAIRIE MANAGEMENT DISTRICT 2 MUNICIPAL TAX SERVICE , LLC FOR THE PERIOD ENDING 7/31 / 19 PROFIT & LOSS CURRENT MONTH FISCAL YEAR 7/1 /19 - 7/31 /19 6/01 /19 - 7/31 /19 BEGINNING BALANCE 7 , 923 . 16 9 , 014 . 27 INCOME 10 % Rendition Penalty 0 . 00 0 . 00 Bad Check Charges 0 . 00 0 . 00 Court Costs/Abstract & Filing Fees 0 . 00 0 . 00 Collection Fee 2 . 91 2 . 91 Earned Interest 1 . 36 _ 2 . 72 Overpayments 0 . 00 0 . 00 Penalty & Interest 2 . 12 2 . 12 Taxes Collected 12 . 45 12 . 45 Total Income 18 .84 20 . 20 EXPENSES Audit/Records 0 . 00 0 . 00 Attorney - General Tax Matters 0 . 00 0 . 00 Bank Charges 0 . 00 0 . 00 Bond Premium 50 . 00 50 . 00 Boundary Map 0 . 00 0 . 00 CAD Fees 0 . 00 103 . 75 Certificate of Value 0 . 00 0 . 00 Copies 47 . 40 93 . 20 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 15 . 00 30 . 00 Delinquent Tax Attorney Fee 0 . 00 0 . 00 Installment Tracking 0 . 00 0 . 00 Unclaimed Property Report 0 . 00 0 . 00 Legal Notices 0 . 00 0 . 00 Mailing & Handling 0 . 72 19 . 47 Meeting Travel & Mileage 375 . 12 750 . 24 NSF or Return Item Fees 0 . 00 0 . 00 Overpayment Refund 0 . 00 0 . 00 Public Hearing 0 . 00 0 . 00 Records Retention 0 . 00 0 . 00 Roll Update & Processing 0 . 00 1. 8 . 75 Supplies 0 . 00 0 . 00 Tax Assessor Collector Fee - AB 515 . 30 1 , 030 . 60 Tax Rate Preparation & Calculation 0 . 00 0 . 00 Transfer to Contract Tax 0 . 00 0 . 00 Transfer to Maintenance & Operating 0 . 00 0 . 00 Transfer to Debt Service 0 . 00 0 . 00 1 , 003 . 54 2 , 096 . 01 ENDING BALANCE 6 . 938 .46 6 . 938 .46 B & A MUNICIPAL TAX SERVICE, LLC 13333 NORTHWEST FREEWAY, STE 505 MAIN 713-900-2680 HOUSTON, TX 77040 TOLL FREE 1 -888-598-7409 4 , ?, ... ,.. ,. ., .. MUNICIPAL TAX SERVICE , LLC ROCK PRAIRIE MANAGEMENT DISTRICT 2 FOR THE PERIOD ENDING 7/31 / 19 YEAR TO YEAR COMPARISON _ 2018 % 2017 % VARIANCE October $ 0 . 00 0 . 00 % $ 0 . 00 0 . 00 % 0 . 00 % November $ 0 . 00 0 . 00 % $ 0 . 00 0 . 00 % 0 . 00 % j December $ 0 . 00 0 . 00 % $ 0 . 00 0 . 00 % 0 . 00 % 1 January $ 38 , 113 . 40 77 . 06 % $ 0 . 00 0 . 00 % 77 . 06 % February $ 11 , 321 . 65 99 . 95 % $ 1 , 665 . 60 8 . 34 % 91 . 61 % March $ 0 . 00 99 . 95 % $ 18 , 167 . 71 99 . 35 % 0 . 60 % April $ 13 . 75 99 . 97 % $ 0 . 00 99 . 35 % 0 . 62 % May $ 0 . 00 99 . 97 % 1 $ 0 . 00 99 . 35 % 0 . 62 % June $ 0 . 00 99 . 97 % $ 0 . 00 99 . 35 % 0 . 62 % July $ 12 . 45 100 . 00 % $ 12 . 45 99 . 41 % 0 . 59 % August $ 0 . 00 99 . 41 % 0 . 00 % September $ 0 . 00 99 . 41 % 0 . 00 % MONTHLY COLLECTIONS 20181 20171 $ 12 . 45 $ 0 . 00 B & A MUNICIPAL TAX SERVICE, LLC 13333 NORTHWEST FREEWAY, STE 505 MAIN 713-900-2680 HOUSTON, TX 77040 TOLL FREE 1 -888-598-7409 5 + , _ s. ROCK PRAIRIE MANAGEMENT DISTRICT NO 2 MUNICIPAL TAX SERVICE LLC FOR THE PERIOD ENDING 07/23/ 19 PLEDGED SECURITIES REPORT SECURITIES PLEDGED AT 105 % OVER FDIC INSURED $ 250, 000 COLLATERAL SECURITY AGREEMENT ON FILE : YES TAX BANK ACCOUNT HELD AT : WELLS FARGO / BANK OF NEW YORK MELLON COLLATERAL SECURITY REQUIRED : NO TYPE OF PLEDGED INVESTMENT : IN COMPLIANCE W/ DISTRICT INVESTMENT POLICY : YES B A MUNICIPAL TAX SERVICE 13333 NORTHWEST FREEWAY SUITE 505 MAIN 713-900-2680 HOUSTON TX 77040 TOLL FREE 1-888-598-7409 PS STATE OF TEXAS § 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 . frjt ,, 's a Avik Bonnerjee , RTA SWORN TO AND SUBSCRIBED BEFORE ME , this 1st day of August 2019 . _r _. , z \c pEDCcrq LYNN � REwEi� Rebecca Lynn Brewer ( � - � NoPary in 125 >3at9 Notary Public , State of Texas _ N1. / My tam re ' sion Expires k Notary ID # 1258819 t March 1 , 2020 ( - -'t My Commission Expires March 1 , 2020 Jurisdiction : MD2 ROCK PRAIRIE MANAGEMENT DISTRICT NO . 2 Page 1 Deposits Report 8/1 /2019 For Dates 7/1 /2019 thru 7/31 /2019 4 : 40 PM Bank Deposit Date Deposit No Payments Deposit Amount WELLS FARGO BANK 7/15/2019 2019014 1 17 .48 Total Deposits 1 1 17 .48 GL Account Summary 2018 Total Report Taxes Paid 12 . 45 12 . 45 P& I Paid 2 . 12 2 . 12 Coll Fee Paid 2 . 91 2 . 91 - fit'" 2 ` ' 17 .48 17 . 48 f)A ‘ii i ) 9 & - ID ii ,,, • 3 . Report Prepared by B&A Municipal Tax www. bamunitax.com • ' -v Date Invoice # 8/1 /2019 MD2-053 MUNICIPAL TAX SERVICE, LLC Bill To Rock Prairie Management District No . 2 13333 Northwest Freeway Suite 505 Houston TX 77040 Description I Unit Count Rate ( Amount Avik Bonnerjee, RTA - Tax Assessor Collector Fee August 2019 . 512 . 60 512 . 60 2018 Additional Unit Count Invoiced 2019 3 0 . 90 2 . 70 Thank you for your business . Total $515 . 30 13333 Northwest Freeway, Suite 505 Houston, TX 77040 PH: 713-900-2680 o wwwbamunitax.com a Date Invoice # MUNICIPAL TAX SERVICE, LLC I 8/ 1 /2019 MD2-054 Bill To Rock Prairie Management District No . 2 13333 Northwest Freeway Suite 505 Houston TX 77040 Description Qty Rate Amount Copies 185 0 . 20 37 . 00 Roll Update & Processing (June & July 2019) 0. 25 75 . 00 18 . 75 Thank you for your business . Total $ 55 . 75 pek is . 1 . 19 eg i 0439 Cp 13333 Northwest Freeway, Suite 505 o Houston , TX 77040 0 PH : 713-900-2680 El wwwbamunitax.com EXHIBIT " B " Omitit r > TBPE No, P 726 +�4 'A 4 't' , isTBPLS No. 10092300 ROCK PRAIRIE MANAGEMENT II ' STRICT NO . 2 ENGINEERING REPORT AUGUST 2019 Engineering Report, including: a. Authorize the design and/or advertisement of bids for construction of facilities within the District, and approval of related Storm Sewer 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 die District, authorizing acceptance of Texas Ethics Commissions ("TEC") Form 1295 ; and approval of any storm water permits . 1 . Status of design of Midtown City Center Phase 601 . Bid Opening is set for August 14, 2019. Board Action: None. c. Status of construction facilities to serve land within the District, including the approval of any pay estimates and change orders ; and authorize acceptance of 1'hC 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 Approved Comment Contract Bid Amount $322,584.00 5 /2/2018 Notice to Proceed Issued Total Contract Amount $322,584.00 Total Pay Requests $0.00 Remaining on Contract $322,584.00 100,00% of Contract Remaining Construction is substantially complete. Board Action: None. P:\ 151 -068-00\Dots\Reports\07AUg 2019,doc _m Rock Prairie Management District No. 2 August 2019 Page 2 2. Construction of water, sanitary, drainage and paving facilities for Bird Pond Road by Brazos Paving, Inc. Contractor Bravos Paving, Inc, Contract Days 300 days Approved Extensions 22 days Contract Completion Date 8/19/2019 Date Approved Comment Contract Bid Amount $4,784,000.00 10/1 /2018 Notice to Proceed Issued Quantity Adjustment No. 1 -$366,609.99 7/11 /2019 Removed 600 LF of Roadway Change Order No. 1 $60,034,20 7/11 /2019 Added Waterline Crossings for Future Single Family Sections Design changes in Street Lights and Change Order No. 2 $169,865.93 7/11 /2019 additional Waterline crossings to serve future developments Quantity Adjustment No. 2 -$107,280.00 7/11 /2019 Removed Street Light Poles Quantity Adjustment No. 3 $4,121 .90 7/11 /2019 Additional Excavation Total Contract Amount $4,544,132.04 Pay Request No. 1 $94,060,58 1 /17/2019 Pay Request No, 2 $361,440.16 1 /17/2019 Pay Request No, 3 $157,923 .91 2/14/2019 Pay Request No. 4 $198,528.22 2/14/2019 Pay Request No. 5 $231 ,434,60 4/18/2019 Pay Request No. 6 $334,237.70 7/11 /2019 Pay Request No. 7 $342,106.70 7/11 /2019 Pay Request No. 8 $268,160,84 7/11 /2019 Pay Request No. 9 $563,978.60 7/11 /2019 Total Pay Requests $2,551,871 .31 Remaining on Contract $1,992,260.73 43.84% of Contract Remaining Construction is underway. Board Action: None P:\151-068-00\Docs\Reports\07AUg 2019.doc 10555 Westoffice Drive I Houston , Texas 77042 E H RA f 712 7RA scan I f 712 7RA AR.77 I F41RAinr rnm Rock Prairie Management District No . 2 August 2019 Page 3 3. Midtown Reserve Subdivision Phase 100 by Greens Prairie Investors, Ltd. (26 lots) Contractor Greens Prairie Investors, Ltd. Contract Days 120 days Approved Extensions 0 days Contract Completion Date Date Approved Comment Contract Bid Amount $447,933,00 Notice to Proceed Issued Total Contract Amount $447,933.00 Total Pay Requests $0.00 Remaining on Contract $447,933.00 100.00% of Contract Remaining Utilities and paving are substantially complete. Board Action: None. 4. Midtown Reserve Phase 102 by Greens Prairie Investors, Ltd (62 Lots) Contractor Greens Prairie Investors, Ltd. Contract Days 120 days Approved Extensions 0 days Contract Completion Date Date Approved Comment Contract Bid Amount $791 ,038.75 Notice to Proceed Issued Total Contract Amount $791 ,038.75 Total Pay Requests $0.00 Remaining on Contract $791 ,038.75 100.00% of Contract Remaining Utilities are Substantially Complete. Pavement construction is underway. Board Action: None. 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 . Board Action : None. e. Adoption of a plan relative to future proposed recreational facilities and adoption of a Resolution Adopting Plan for recreational facilities . Board Action: None. £ Status of acceptance by the City of College Station, Texas , for maintenance of streets . Board Action: None. P:\ 151 -068-00\Docs\Reports\07AUg 2019.doc 10555 Westoffice Drive I Houston , Texas 77042 E H RA + 71 / 7RA Acffl I f 71 / 7RA Ac77 I FI-IRAinr enm ® .®