James Gary Henderson

The agenda for the regular meeting includes several key items for discussion and potential action. Discussions will cover public comments, the renewal of the District's insurance policies, and financial and bookkeeping matters, which may involve budget amendments. Operations topics include considering erosion repair, drain pipe replacement, and fountain repairs for detention ponds, as well as stormwater quality management. The board will address tax assessment and collections, including installment agreements and delinquent accounts. Other significant items include updates on facility maintenance, the annual review of the Water Conservation Plan and Identity Theft Prevention Program, and engineering matters pertaining to Water Plant No. 2 construction (including a resolution for reimbursement), Lift Station No. 1 rehabilitation, and updates on Capital Improvement Plan and bond applications. Finally, the board will address matters related to Series 2025 Unlimited Tax Bonds, including scheduling the bond sale, and discuss 2025 Bond Election matters.

The Board of Directors' regular meeting agenda includes public comments, approval of prior meeting minutes, financial and bookkeeping matters, and review of investments. Key operational discussions involve detention pond improvements (erosion repair, drain pipe and fountain repairs), storm water quality management, and tax assessment/collections matters, including delinquent accounts and installment agreements. A public hearing is scheduled regarding the District's tax rate, leading to the adoption of an Order Levying Taxes. Further topics include general operations, amending the Rate Order, authorizing a utility rate study, and holding a hearing on terminating water and sewer service for delinquent customers. Engineering matters cover design, contract awards, and final acceptance for projects such as water plant no. 2 construction and lift station no. 1 rehabilitation, alongside reviewing the Capital Improvement Plan. Other items include HOA matters, Copperfield sewage treatment plant operations, annexation requests, West Harris County Regional Water Authority matters, and website services.

The document outlines voter information for a bond election concerning the issuance of $41,880,000 bonds for water, sanitary sewer, and drainage and storm sewer systems, including the refunding of existing bonds. It details the estimated debt service requirements, outstanding bonds secured by ad valorem taxes, and the estimated maximum annual increase in taxes on a residential homestead with an appraised value of $100,000. The summary also includes key assumptions regarding growth in appraised value, amortization schedules, tax collection rates, and interest rates on the proposed bonds.