Notice of Public Hearing to Consider the Levy of Assessments against Property within Improvement Area #4 of Fort Worth Public Improvement District No. 16 (Walsh Ranch/Quail Valley) 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 Fort Worth Public Improvement District No. 16 (Walsh Ranch/Quail Valley) (the "District") to pay for certain improvements therein. Date, Time and Place of Public Hearing. The Public Hearing will take place on May 12, 2026, at or after 6:00 p.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) earthwork and erosion control improvements, (ii) storm drainage improvements, (iii) water distribution improvements, (iv) wastewater improvements, (v) road improvements, (vi) landscaping improvements, and (vii) costs related to the creation and administration of the District. 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 are to be installed and constructed in the second phase of improvements, and special assessments will be levied within Improvement Area #4 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 $24,190,000. Proposed Assessment Roll. The proposed updated assessment rolls providing for the costs of said improvements to be assessed, levied and apportioned against the property within the Improvement Area #4, 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 1,756 acres, and the District is generally located along both sides of the Chisolm Trail Parkway south of McPherson Boulevard and north of FM 1187, in Tarrant County, Texas. The boundaries of the District, including the boundaries of the Improvement Area #4 of the District, 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. IPL0333036 Apr 22 2026