Notice to Purchaser : Notice to Purchaser

Notice to Purchaser

2024 Amendment to
District Information Form

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The real property that you are about to purchase is located in the Brushy Creek Municipal Utility District and may be subject to District taxes. The District may, subject to voter approval, impose taxes and issue bonds. The district may impose an unlimited rate of tax in payment of such bonds. The current rate of the district property tax is $0.401653 on each $100 of assessed valuation. The real property you are about to purchase may also be located within a defined area of the district and the land may be subject to defined area taxes in addition to the other taxes of the district. A map of the defined area is attached. As of this date, the additional rate of taxes within the defined area is $0.100 on each $100 of assessed valuation. The total amount of bonds payable wholly or partly from property taxes, excluding refunding bonds that are separately approved by the voters, approved by the voters are:

• (i) $74,100,000 for water, sewer, and drainage facilities;
• (ii) $0 for road facilities; and,
• (iii) $0 for parks and recreation facilities.

The aggregate initial principal amounts of all such bonds issued are:

• (i) $74,100,000 for water, sewer, and drainage facilities;
• (ii) $0 for road facilities; and
• (iii) $0 for parks and recreation facilities.

The total amount of defined area bonds payable wholly or partly from property taxes, excluding refunding bonds that are separately approved by the voters, approved by the voters are:

• (i) $24,500,000 for water, sewer, and drainage facilities;
• (ii) $0 for road facilities; and
• (iii) $0 for parks and recreation facilities.

The aggregate initial principal amounts of all such defined area bonds issued are:

• (i) $13,785,000 for water, sewer, and drainage facilities;
• (ii) $0 for road facilities; and
• (iii) $0 for parks and recreation facilities.

The district is located wholly or partly in the extraterritorial jurisdiction of the City of Round Rock. Texas law governs the ability of a municipality to annex property in the municipality’s extraterritorial jurisdiction and whether a district that is annexed by the municipality is dissolved.

The purpose of the district is to provide water, sewer, drainage, flood control, parks and recreation, or other types of facilities or services. The cost of district facilities is not included in the purchase price of your property.

PURCHASER IS ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS SUBJECT TO CHANGE BY THE DISTRICT AT ANY TIME. THE DISTRICT ANNUALLY ESTABLISHES TAX RATES. PURCHASER IS ADVISED TO CONTACT THE DISTRICT TO DETERMINE THE STATUS OF ANY CURRENT OR PROPOSED CHANGES TO THE INFORMATION SHOWN ON THIS FORM.

The undersigned purchaser hereby acknowledges receipt of the foregoing notice at or before the execution of a binding contract for the purchase of the real property or at closing of purchase of the real property.