Montgomery County Municipal Utility District No. 191

The Board of Directors will convene to review and act upon financial and administrative policies, including the investment policy, compliance and records management policies, and the appointment of authorized depositories. Key agenda items include the termination of a municipal advisory service agreement, the engagement of a new financial advisor, and general bookkeeping and tax collection matters. The meeting will further address facility operations, including utility service terminations and the Consumer Confidence Report, as well as extensive engineering and landscaping projects related to the Mavera development. Additionally, the Board will receive reports on district development, discuss meeting schedules, and conduct cybersecurity awareness training.

The board reviewed and approved various financial and operational matters, including the bookkeeper's report, tax assessor/collector's report, and a supplemental developer reimbursement report for road bond proceeds. Discussions were held regarding tax exemptions for the 2026 tax year, and a resolution was adopted to reject certain exemptions. The board received reports on facility operations, identity theft prevention, and engineering, and authorized a professional engineering services proposal. Additionally, the board awarded contracts for landscaping and irrigation projects. Financial filings required by SEC rules were approved, and an annual investment report was reviewed.

The board meeting will address various operational and administrative tasks, including bookkeeping, tax assessment and collection matters, and the management of district facilities, such as repairs, maintenance, and utility service terminations. Engineering discussions will focus on the design, construction, and contract bidding for several projects, including the Mavera development phases. Landscaping matters, including the design and construction of amenity centers and irrigation improvements, will be reviewed. Additionally, the meeting will cover development reports, a resolution regarding meeting agendas, and the 2026 directors election, including the cancellation of the election due to unopposed candidates.

The Board reviewed and approved bookkeeper's and tax assessor/collector reports. Key operational discussions included the status of Lift Station No. 1, where the Board rejected the installation of a remote monitoring system but approved repairs for Lift Pump 2. The Board also conducted a hearing on utility service termination for delinquent accounts and approved an amendment to the rate order to increase water and sewer rates by twenty percent. Engineering matters were addressed, including approval of reports and the adoption of a resolution authorizing a bond application for water, sewer, and drainage projects. Additionally, an amendment to the ground lease agreement for Water Plant No. 1 was approved to clarify the District's role and obligations.

The Board addressed several operational and financial matters. Key discussions included the approval of the Fiscal Year End September 30, 2025, draft audit, subject to final consultant review. The Board reviewed and approved the renewal proposal for district insurance policies. Bookkeeping matters involved approving a list of checks for payment, with discussions regarding future consideration of payroll administration services. Tax assessment and collections were reviewed, including approval for payment of listed tax bills. In facility operations, the Board reviewed delinquent accounts and service termination requests, establishing a policy to delay utility service terminations during December. Action on installing a FleetZoom FZ200 wireless remote monitoring system at Lift Station No. 1 was tabled pending verification of funds. The Board approved a Second Amendment to the Agreement for Operation Services and an Amended Rate Order, both subject to attorney and developer approval. Engineering matters involved approving recommended action items. In landscaping, the Board awarded landscape improvement contracts for Mavera East Lake Completion and Mavera Sections 11, 12, 14 & Large Lake to the lowest bidders, and executed Letter Financing Agreements with Pulte for related projects. Finally, the Board approved Amendment No. 2 to the Master Development Financing Agreement, engaged BLX for arbitrage rebate compliance services, and conducted necessary procedural steps for the 2026 Directors Election, including authorizing a contract for election services with Montgomery County and adopting the Order calling the election.