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2026-032 - Approving the 2026 Annual Service Plan Update and 2026 Assessment Roll for the Forestbrook Public Improvement District No.1
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2026-032 - Approving the 2026 Annual Service Plan Update and 2026 Assessment Roll for the Forestbrook Public Improvement District No.1
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7/29/2026 2:20:50 PM
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7/29/2026 2:20:35 PM
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CITY CLERK
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PARCEL SUBDIVISION <br />Improvement Area #1 <br />■ The final plat of Forestbrook Estates Subdivision, Phase One was filed and recorded with <br />the County as document number 526A on August 28, 2025. <br />LOT AND HOME SALES <br />Current ownership within the District is based on information provided by the Developer and <br />available information and is subject to change as development occurs and property is conveyed. <br />Updated ownership and development information for Assessments securing PID Bonds may be <br />available through continuing disclosure filings accessible via the MSRB's EMMA by searching for <br />the District. For Assessments securing reimbursement obligations to the Developer, the summary <br />of current ownership within the property securing such Assessment is based on information <br />provided by the Developer and other publicly available records. See Exhibit C for buyer <br />disclosures. <br />AUTHORIZED IMPROVEMENTS <br />A summary of the Authorized Improvements, including the original estimated costs of the <br />Authorized Improvements and allocation of such costs, is provided in the A&R SAP. The <br />Authorized Improvements and estimated costs as described in the A&R SAP are for Assessment <br />purposes and do not represent a guarantee of construction timing or Actual Costs. <br />Information regarding the status of Authorized Improvements, including construction progress, <br />estimated completion timing, and budget information, including any updates to the original <br />estimates of costs, is based on information provided by the Developer and other available project <br />information at the time such information is compiled. Such information may be updated from <br />time to time. <br />OUTSTANDING ASSESSMENT <br />Improvement Area #1: <br />Improvement Area #1 has an outstanding Assessment of $1,966,000. <br />Information for Assessments securing PID Bonds may be available through continuing disclosure <br />filings accessible via EMMA website by searching for the District. For Assessments securing <br />FORESTBROOK PUBLIC IMPROVEMENT DISTRICT NO.1 <br />2026 ANNUAL SERVICE PLAN UPDATE 3 <br />
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