Re: Notice of Public Hearing Regarding the Proposed Establishment of Fort Worth Public Improvement District No. 23 (Panther Island) Pursuant to Section 372.009 of the Texas Local Government Code, as amended, (“Code”) notice is given that the City Council (“City Council”) of the City of Fort Worth, Texas (“City”) will conduct a public hearing to consider the establishment of Fort Worth Public Improvement District No. 23 (Panther Island) (“PID”). The proposed district is generally bounded by the Fort Worth and Western Railroad tracks to the west (also variously identified as Burlington Northern or Union Pacific tracks), Northside Drive to the north, the West Fork and Clear Fork of the Trinity River to the east, and Seventh Street to the south. The proposed PID is more particularly described in the map and exhibits to the petition on file with the Fort Worth City Secretary. The City Council will hold a public hearing concerning the establishment of the PID on Tuesday, February 24, 2026, during the regular City Council meeting, scheduled to begin at 11:00 A.M. in the City Council Chamber, City Hall, 100 Fort Worth Trail, Fort Worth, Texas. The City Council is expected to take final action and vote on the establishment of the PID following the close of this public hearing. This public hearing is to consider the establishment of the proposed PID, not the levy of any assessments. A subsequent public hearing will be held to consider the levy of assessments most likely in August or September of 2026. All property owners subject to assessment within the PID will receive a separate notice providing details of the public hearing, including information regarding the proposed assessments and assessment roll. Written and oral objections will be considered at the hearing. If you would like to speak at the public hearing, you must sign up prior to 9:00 A.M. on February 24, 2026. You can sign up (i) online at https://fortworthgov.legistar.com/Calendar.aspx by clicking on the applicable agenda item, (ii) by email at csoadmin@fortworthtexas.gov, or (iii) by phone at 817-392-6150. If a speaker wishes to use electronic media, the deadline to submit media is 5:00 pm the day before the applicable meeting. There is no requirement that any property owners attend or speak at the public hearing. You can submit any written objections or concerns about this PID to the contact listed at the bottom of this notice, which should be submitted prior to the date of the hearing to ensure adequate time for written comments to be received and distributed for proper consideration. The subject of the public hearing will include the following matters: 1. Whether the Proposed Improvements described below and in the petition which is on file at the office of the City Secretary at City Hall, 100 Fort Worth Trail, Fort Worth Texas, promote the interests of the City and whether it is advisable to create the PID for the Proposed Improvements. 2 . The general nature of the Proposed Improvements to be provided in the PID include, without limitation, the following: i. Enhancements to improve District operations and maintenance for green spaces, public areas, and the canal public realm; ensure clean and safe functions across the District; and address potential ongoing or capital maintenance needs related to the infrastructure and water recreation within the District. ii. Improvements to enhance the District’s community including, without limitation, litter abatement, illegal dumping, landscaping, promotional sign and banner programs, lighting,and various other streetscape and capital improvements, including streets, sidewalks,roadways, and rights-of-way. iii. Improvements that promote safety and security within the District, without limitation,security lighting, security camera installation, additional security patrols, safety technologies,street calming measures and capital improvements to improve pedestrian, bike, and transit shelter safety. iv. Additional special supplemental services for improvement and promotion of the District,including services relating to advertising, promotion,health and sanitation,water and wastewater, public safety, security, business development, and cultural enhancements. v. Payment of expenses incurred in the establishment, administration, and operation of the District. vi. Any other improvements and services to the District as allowed pursuant to the Code for a home-rule municipal corporation. 3. The estimated cost of the Proposed Improvements over the first five years is $2,246,000. These costs are subject to future annual budget and service and assessment plans adopted by the City Council in accordance with the Code. 4. All costs of Public Improvement District No. 23 – Panther Island will be apportioned to properties within the PID in accordance with the petition, applicable state law, and City policy. City-owned property located within the PID will be subject to assessment on the same basis as other assessed property, as authorized by applicable state law. The City will be obligated to pay any assessments levied on City-owned property within the PID, subject to appropriation and authorization by the City Council. Any additional participation by the City in the costs of the PID shall be at the discretion of the City Council. 5. The proposed boundaries of the PID are set forth above, and a map is on file in the Fort Worth City Secretary’s Office for review. 6. All property located within the proposed boundaries of the Panther Island Public Improvement District, including City-owned property as applicable, will be subject to assessment, unless otherwise exempted by law. Any property developed or redeveloped within the proposed boundaries of the PID after its establishment will automatically become subject to assessment in the City’s fiscal year following such development or redevelopment. 7. The costs of the Proposed Improvements and Services will be assessed against property in the Panther Island PID based on the special benefits accruing to such property because of the Proposed Improvements and Services. Assessments will be levied in proportion to the value of each property, including the value of structures and other improvements, as determined by the then-current tax roll of the Tarrant Appraisal District. For further information, please contact Crystal Hinojosa, Special District Manager, at crystal.hinojosa@fortworthtexas.gov. ** Si necesita esta carta en Español, por favor llamar al (817) 392-1234. **