My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Ord 2025-026 approving the 2025 Annual Service Plan Update for the Trace Public Improvement District; (2)
San-Marcos
>
City Clerk
>
02 Ordinances
>
2020's
>
2025
>
Ord 2025-026 approving the 2025 Annual Service Plan Update for the Trace Public Improvement District; (2)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/29/2025 11:36:47 AM
Creation date
8/28/2025 4:56:20 PM
Metadata
Fields
Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Approving
Number
2025-026
Date
8/19/2025
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
100
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
ANNUAL INSTALLMENT DUE 1/31/2026 <br /> ■ Series 2019 Bonds Principal and Interest —The total principal and interest on the Series <br /> 2019 PID Bonds required for this year's Annual Installment is $844,575.00. <br /> ■ Series 2019 Additional Interest — The Delinquency and Prepayment Reserve <br /> Requirement, as defined in the Indenture, of$585,750.00 has not been met. As such, the <br /> Delinquency and Prepayment Reserve will be funded with Additional Interest on the <br /> outstanding Assessment, resulting in an Additional Interest amount due of$53,250.00 <br /> ■ Series 2024 Principal and Interest —The total principal and interest on the Series 2024 <br /> PID Bonds required for this year's Annual Installment is $489,351.26. <br /> ■ Series 2024 Additional Interest — The Delinquency and Prepayment Reserve <br /> Requirement, as defined in the Indenture, of$341,990.00 has not been met. As such, the <br /> Delinquency and Prepayment Reserve will be funded with Additional Interest on the <br /> outstanding Assessment, resulting in an Additional Interest amount due of$31,090.00. <br /> ■ Annual Collection Costs — The cost of administering the PID and collecting the Annual <br /> Installments shall be paid for on a pro rata basis by each Parcel based on the amount of <br /> outstanding Assessment remaining on the Parcel. The total Annual Collection Costs due <br /> is $62,500.12. <br /> P3Works Administration $ 31,836.24 <br /> City Auditor 2,500.00 <br /> Filing Fees 1,000.00 <br /> County Collection 1,000.00 <br /> PID Trustee Fees 2,500.00 <br /> PID Trustee Fees ( B Series Bonds) 2,500.00 <br /> P3 Works Dev/Issuer CDA Review 2,300.00 <br /> Past Due P3 Works, LLC Invoices 7,363.88 <br /> Collection Costs Maintenance Balance 10,000.00 <br /> Arbitrage Calculation 1,500.00 <br /> Total $ 62,500.12 <br /> iiiiiiiiiiiiiiiiiiiiiillillillillillillilliillillillillillillillilillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillillillillillilliillillillillillillilliillillillillillillillillillillilliillillilillillilI <br /> TRACE PUBLIC IMPROVEMENT DISTRICT 7 <br /> 2025 ANNUAL SERVICE PLAN UPDATE <br />
The URL can be used to link to this page
Your browser does not support the video tag.