COLLIN COUNTY NOTICE OF PUBLIC HEARING OF THE COMMISSIONERS' COURT OF COLLIN COUNTY, TEXAS TO CONSIDER THE ADVISABILITY OF THE CREATION OF A PUBLIC IMPROVEMENT DISTRICT TO MAKE CERTAIN IMPROVEMENTS OVER CERTAIN PROPERTY TO BE LOCATED WITHIN THE COUNTY. NOTICE IS HEREBY GIVEN THAT the Commissioners' Court (the "Court") of Collin County, Texas (the "County"), pursuant to Chapter 372 of the Texas Local Government Code, as amended "the "Act"), will hold a public hearing at 1:30 p.m. on August 31, 2026 in the Commissioners' Court at Jack Hatchell Administration Building 4th Floor, 2300 Bloomdale Road, McKinney, Texas 75071 for the purpose of considering the establishment by the County of a public improvement district to be located within its corporate limits. In accordance with the Act, the Court has received a petition (the "Petition") from certain property owners within the extraterritorial jurisdiction of the County (the "Petitioners"), that requests the establishment of a public improvement district (the "PID"). The Petition and the legal description of the property to be included in the PID are on file and open for public inspection in the office of the County Clerk at Jack Hatchell Administration Building, 2300 Bloomdale Road, McKinney, Texas 75071. The public hearing is being held with respect to the advisability of creating the PID and the improvements to be made therein. GENERAL NATURE OF THE AUTHORIZED IMPROVEMENTS: The general nature of the proposed public improvements (collectively, the "Authorized Improvements") may include: (i) acquiring, constructing, improving, widening, narrowing, closing or rerouting of sidewalks or of streets, and other roadways, or their rights-of-way, including related drainage, utility relocation, signalization, landscaping, lighting, signage, off-street parking and right-of-way; (ii) establishment or improvement of parks and open space, together with the design, construction and maintenance of any ancillary structures, features or amenities such as trails, playgrounds, walkways, lighting and any similar items located therein; (iii) sidewalks and landscaping, including entry monuments and features, fountains, lighting and signage; (iv) acquisition, construction and improvement of water, wastewater and drainage improvements and facilities; (v) projects similar to those listed in subsections (i) – (iv) above authorized by the Act, including similar off-site projects that provide a benefit to the property within the District; (vi) acquisition, by purchase or otherwise of real property in connection with an Authorized Improvement; (vii) special supplemental services for improvement and promotion of the District; (viii) payment of costs associated with operating and maintaining the public improvements listed in subparagraphs (i) – (vi) above; and (viii) payment of costs associated with developing and financing the public improvements listed in subparagraphs (i) – (vi) above, and costs of establishing, administering and operating the district. These Authorized Improvements shall promote the interests of the County and confer a special benefit upon the Property. ESTIMATED COST OF THE AUTHORIZED IMPROVEMENTS: The estimated cost to design, acquire and construct the Authorized Improvements, together with bond issuance costs, (including but not limited to the funding of any capitalized interest and reserve funds), eligible legal and financial fees, eligible credit enhancement costs and eligible costs incurred in the establishment, administration, and operation of the PID is $12,000,000 plus the annual cost of supplemental services and operation and maintenance cost, if any. The County will pay none of the costs of the proposed Authorized Improvements, supplemental services or operation and maintenance costs from funds other than assessments levied on property within the PID. The remaining costs of the proposed improvements will be paid from sources other than those described above. PROPOSED METHOD OF ASSESSMENT: The County shall levy assessments on each parcel within the PID in a manner that results in the imposition of an equal share of the costs of the Authorized Improvements on property similarly benefitted by such Authorized Improvements. The proposed method of assessment shall be based upon (i) an equal apportionment per lot, per front foot, or per square foot of property benefiting from the Authorized Improvements, as determined by the County, (ii) the ad valorem taxable value of the property benefiting from the Authorized Improvements, with or without regard to improvements on the property, or (iii) in any manner that results in imposing equal shares of the cost on property similarly benefitted. PROPOSED APPORTIONMENT OF COSTS BETWEEN THE COUNTY AND THE PID: The County will not be obligated to provide any funds to finance the Authorized Improvements. All of the costs of the Authorized Improvements will be paid from assessments levied on properties in the PID and from other sources of funds available to the Petitioners. BOUNDARIES OF THE PROPOSED PID: 108.53 Acres of Land currently located within Collin County, Texas. Said Property Being Generally Located to the west of County Road 547, south of County Road 643 and north of County Road 1778. A metes and bounds description is available for inspection at the offices of the County Clerk at the location described above. All interested persons are invited to attend such public hearing to express their views with respect to the establishment of the PID and the Authorized Improvements to be made therein. This Notice of Public Hearing is given and the public hearing is being held pursuant to the requirements of the Act. COLLIN COUNTY, TEXAS IPLDMN0158177