Julie M. Ward

The board meeting will address development in the district and travel reimbursement guidelines for the Association of Water Board Directors conference. Financial matters include the review of investments, bill payments, and an agreement for bookkeeping services. Tax assessment and collection matters will be discussed, alongside engineering projects involving facility design, construction contracts, and impact fee payments. The agenda also includes the status of the Stormwater Management Program, reports from consultants, updates on community improvement projects, and an executive session to deliberate on security personnel, security devices, and security patrol agreements.

The Board reviewed and approved the bookkeeper's report, including financial statements and bill payments. Tax assessment and collection matters were discussed, including an update on tax levy collections and the denial of a property owner's request for a waiver of penalty fees and interest. The engineer's report covered status updates on various water, irrigation, and drainage restoration projects, with the Board approving a pay estimate for construction services. The Board also reviewed and authorized the filing of an Annual Report with the Municipal Securities Rulemaking Board and conducted an annual review of procedures for continuing disclosure compliance. Additionally, the Board took formal action to cancel the May 2026 Directors Election due to the unopposed status of candidates and cancelled the related election services contract.

The Board reviewed a security report and discussed ongoing security matters. Financial and bookkeeping matters included the approval of the bookkeeper's report, the voiding of a specific check, and the acceptance of annual disclosure statements regarding investment officers. The Board approved the tax assessor/collector's report, adopted a resolution regarding tax exemptions for the upcoming tax year, and formally established the District's development status. Engineering updates were provided concerning several infrastructure projects, including water wells, drainage restoration, and drainage impact analyses. Furthermore, the Board authorized the City's annual report for the Stormwater Management Program, approved the renewal of District insurance policies, and finalized procedures for the 2026 Directors Election, including authorizing the publication of the Notice of Election.

The agenda for the meeting includes public comments, review of minutes from prior meetings, discussion of development within the District, and financial and bookkeeping matters such as bill payments and investment reviews. The board plans to discuss the Association of Water Board Directors winter conference, approve reimbursements, and authorize attendance at the summer conference. Other key items include accepting annual disclosure statements, addressing tax assessment and collections, adopting resolutions concerning exemptions from taxation and development status for the 2026 tax year. Engineering matters cover design, construction, and impact fee payments. The board will also address the Phase II Small MS4 General Permit and Stormwater Management Program, including the year 7 annual report. The agenda concludes with an attorney's report, renewal of insurance policies, setting the date for the next meeting, deliberation in executive session regarding security, and matters concerning the 2026 Directors Election.

The Board meeting included several key agenda items. Discussions covered a security report for Shadow Creek Ranch, including correspondence from the City of Pearland declining a requested Data-Driven Approaches to Crime and Traffic Safety report for apartment complexes and recommending alternative actions. The Board approved the monthly newsletter notice for publication and authorized website updates. The tax assessor/collector's report was approved, noting that 99.44% of 2017 taxes were collected as of September 30, 2018. The engineer's report and the bookkeeper's report, including the payment of bills, were reviewed and approved. A significant portion of the meeting focused on the sale of the District's $5,800,000 Unlimited Tax Bonds, Series 2018. Following a review of seven bids and a Moody's initial Al rating assignment, the Board awarded the bond sale to Raymond James, which submitted the lowest net effective interest rate. The Board subsequently adopted a resolution authorizing the issuance of the Bonds, approved related agreements (Paying Agent/Registrar, Certificate Regarding Provision of Financial Advice), and authorized the execution of the Amendment to the Information Form.