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described"Authorized Improvements" means the costs and improvements authorized by Section 372.003 <br />of the PID Act', and depicted on Exhibits G-1 and <br />publication"Bond Issuance Costs" means the costs associated with issuing PID Bonds, including, but not <br />limited to, attorney fees, financial advisory fees, consultant fees, appraisal fees, printing costs, <br />capitalized AILi reserve <br />. ra requirements, <br />• a i i <br />(including - fee <br />of AAA AMA underwriter), <br />i. -e charged i Texas <br />a %i General,. <br />otherand any expense <br />incurred ` City directly associated "" issuance of A► <br />"'City" means the City of Paris, Texas. <br />",City Council" means the governing body of the City. <br />"County" means Lamar County, Texas. <br />"Dehinquent Collection Costs" mean costs related to the foreclosure on Assessed Property and <br />the costs of collection of delinquent Assessments, delinquent Annual Installments, or any other <br />delinquent amounts due under this Service and Assessment Plan, including penalties and <br />reasonable attorneys - fees actually paid, excluding y <br />amounts representing interestand <br />penalty interest. <br />"Developer" means, Lone Star Planned Development, LLC., and any successors or assigns thereof <br />that intends to develop the property in the District for the ultimate purpose of transferring title <br />"Distr I ict" means the Forestbrook Public Improvement District No. I containing approximately <br />59.621 acres located within the corporate limits of the City, and more specifically described in <br />Exhibit 1-1 and depicted o , <br />"Engineer's <br />describes the Authorized Improvements, including their costs, location, and benefit, and is <br />market"Estimated Buildout Value" means the estimated value of an Assessed Property with fully <br />constructed buildings, as provided by the Developer and confirmed by the City Council, by <br />considering such factors as density, lot size, proximity to amenities, view premiums, location, <br />historical fcontracts, homebuilders, <br />from third party f any other factors that, - judgment - f impact <br />value. The Estimated Buildout Value for each Lot Type is shown on Exhibit E. <br />FORESTBROOK PUBLIC IMPROVEMENT DISTRICT NO. 1 5 <br />SERVICE AND ASSESSMENT PLAN <br />