NOTICE OF SALE WILLIAMS RANCH MUNICIPAL UTILITY DISTRICT NO.
Details for NOTICE OF SALE WILLIAMS RANCH MUNICIPAL UTILITY DISTRICT NO.
NOTICE OF SALE
WILLIAMS RANCH
MUNICIPAL UTILITY
DISTRICT NO. 1
OF FORT BEND COUNTY
(A Political Subdivision of
the State of Texas Located
within Fort Bend County)
$3,000,000
Unlimited Tax Bonds
Series 2019
“Qualified Tax-Exempt
Obligations”
The Board of Directors of Williams Ranch Municipal Utility District No. 1 of Fort Bend County, (the “District”) will publicly receive bids on up to $3,000,000 Unlimited Tax Bonds, Series 2019 (the “Bonds”), on Thursday, March 14, 2019, at 11:30 A.M., Houston Time, at the offices of Masterson Advisors LLC, 4400 Post Oak Parkway, Suite 2370, Houston, Texas 77027. At a Board of Directors meeting on Thursday, March 14, 2019, at 1:00 P.M., Houston Time, at the District’s meeting place, at the offices of Allen Boone Humphries Robinson LLP, 3200 Southwest Freeway, Suite 2600, Houston, Texas 77027, the Board will immediately take action to reject any and all bids or accept the bid resulting in the lowest net interest cost to the District.
A bid for the Bonds, may be delivered to the District electronically, by telephone or delivered directly to the District in a sealed envelope addressed to the “President and Board of Directors, Williams Ranch Municipal Utility District No. 1 of Fort Bend County” at the above address of Masterson Advisors LLC. All bidders must submit a signed “Official Bid Form” and a bank Cashier’s Check in the amount of $60,000 payable to the order of the District as a Good Faith Deposit. Additional terms and conditions related to the submission of a bid for the Bonds are included in the “Official Notice of Sale.”
The Bonds will mature serially on September 1, 2020 through 2043, and will be dated April 1, 2019. The “Official Notice of Sale,” “Preliminary Official Statement,” and “Official Bid Form” may be obtained from the District’s Financial Advisor, Masterson Advisors LLC, 4400 Post Oak Parkway, Suite 2370, Houston, Texas 77027. This notice does not constitute an offer to sell the Bonds but is merely notice of sale of the Bonds as required by Texas law. The offer to sell the Bonds will be made by means of the “Official Notice of Sale,” “Preliminary Official Statement,” and “Official Bid Form.”
Mr. John Pickens, Jr.
President, Board of Directors
Williams Ranch Municipal Utility District No. 1
of Fort Bend County
Fort Bend County, Texas
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