HC MUD 016, PROPOSITION A

THE ISSUANCE OF BONDS IN THE AGGREGATE AMOUNT OF $51,200,000 FOR WATER, SANITARY SEWER, DRAINAGE AND STORM SEWER SYSTEMS AND REFUNDING PURPOSES. TAXES SUFFICIENT TO PAY THE PRINCIPAL OF AND INTEREST ON THE BONDS WILL BE IMPOSED

HC MUD 016, PROPOSITION B

AN OPERATION AND MAINTENANCE TAX FOR FACILITIES AUTHORIZED BY ARTICLE XVI, SECTION 59, OF THE TEXAS CONSTITUTION, NoT TO EXCEED ONE DOLLAR ($1.00) PER ONE HUNDRED DOLLARS ($100) VALUATION OF TAXABLE PROPERTY.