NOTICE OF PUBLIC HEARING CITY OF FORT WORTH, TEXAS NOTICE OF PUBLIC HEARING TO CONSIDER THE LEVY OF ASSESSMENTS AGAINST PROPERTY WITHIN IMPROVEMENTAREA#4ANDIMPROVEMENTAREA#5OF FORT WORTH PUBLIC IMPROVEMENT DISTRICT NO. 22 (VEALE RANCH) Pursuant to Chapter 372, Texas Local Government Code (the "Act"), notice is hereby given that the City Council of the City of Fort Worth, Texas (the "City") will hold a public hearing (the "Public Hearing") to consider the levy of assessments against property within Improvement Area #4 and Improvement Area #5 of the Fort Worth Public Improvement District No. 22 (Veale Ranch) (the "District") to pay for certain improvements therein. Date, Time and Place of Public Hearing. The Public Hearing will take place at the City Council meeting commencing on April 28, 2026, at or after 11 :00 a.m., at the City Council Chamber, City Hall, 100 Fort Worth Trail, Fort Worth, Texas. General Nature of the Improvements. The general nature of the proposed public improvements, including the improvements to be reimbursed through the levy of special assessments in the District, includes: (i) acquisition, construction, and improvement of water, wastewater, and drainage facilities and improvements; (ii) acquiring, constructing, improving, widening, narrowing, closing, and rerouting of sidewalks and of streets, any other roadways, and their rights-of-way; (iii) landscaping; (iv) the establishment and improvement of parks; (v) acquisition, construction, and improvement of off-street parking; (vi) erection of fountains, distinctive lighting, and signs; (vii) construction and improvement of pedestrian malls; (viii) acquisition and installation of pieces of art; (ix) acquisition, construction and improvement of libraries; (x) acquisition, construction, improvement, and rerouting of mass transportation facilities; (xi) projects similar to those listed in (i)-(x); (xii) acquisition, by purchase or otherwise, of real property in connection with an improvement; (xiii) 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 recruitment, development, recreation, and cultural enhancement; (xiv) payment of expenses incurred in the establishment, administration, and operation of the District, including the costs of financing the authorized improvements, and (xv) the development, rehabilitation and expansion of affordable housing. Notwithstanding anything to the contrary, the following will not be considered as authorized improvements: (a) water lines and sanitary sewer lines having a diameter of 8" or less located in and serving a for sale or rent single-family home, cottage home, and/or townhome residential subdivision; (b) oversizing of water and sanitary sewer lines in and serving residential areas without City approval; and ( c) local residential streets, as defined by the Fort Worth Master Thoroughfare Plan. The property within the District is expected to be developed in multiple phases (each phase being an "Improvement Area"). Improvements that will benefit and serve only property within Improvement Area #4 and Improvement Area #5 are to be installed and constructed in the current phase of improvements, and special assessments will be levied within Improvement Area #4 and Improvement Area #5 to fund such improvements. For each subsequent phase within the District, special assessments will be levied within the future Improvement Areas to pay the costs of public improvement projects that confer a special benefit on the property within such Improvement Areas. Cost of the Improvements. The estimated total cost of the public improvements in Improvement Area #4 to be funded through the special assessments levied therein, including financing costs, is $16,630,000. The estimated total cost of the public improvements in Improvement Area #5 to be funded through the special assessments levied therein, including financing costs, is $6,809,000. Proposed Assessment Rolls. The proposed assessment rolls providing for the costs of said improvements to be assessed, levied and apportioned against the benefited property within Improvement Area #4 and Improvement Area #5, and the real and true owner or owners thereof, are on file and are available for public inspection during regular business hours at the office of the City Secretary at City Hall, 100 Fort Worth Trail, Fort Worth, Texas. Boundaries of the District. The boundaries of the District encompass approximately 5,200 acres, and the District is generally located northwest of US 3 77 south of Aledo Road both in the corporate limits and the extraterritorial jurisdiction of the City. The boundaries of the District, including the boundaries of Improvement Area #4 and Improvement Area #5, are more particularly described by a metes and bounds description available at the Fort Worth City Hall and available for public inspection. Objections Considered. All written or oral objections will be considered at the Public Hearing. IPL0330609 Apr 15 2026