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‹ Harris County Improvement District No. 14 · All districts' issues

question Bonds $10,000,000 money moved

Obtain the original records of the bond election that authorized HCID 14's water, sewer and drainage bonds.

Voter authorization comes from the election itself (Spec. Dist. Local Laws Code §3882.212(b)); the Bond Review Board memo and the official statements only report it.

The board action behind it

2025-06-17: Adopted Resolution Authorizing Application to the TCEQ for Approval of Projects and Bonds (bond application no. 4, $10,000,000), subject to final review

What else happened at that meetingThe Board approved a $3,607.00-per-month rental of a mobile generator at lift station no. 1 for hurricane season and asked the operator to bring generator purchase proposals in July. It authorized the delinquent tax attorney to collect 2024 delinquent taxes and approved seven construction pay estimates. The Board adopted a resolution authorizing an application to the TCEQ for bond application no. 4, stated as $10,000,000 for water, sewer, and drainage facilities. Discussion also covered drainage on Arroyo Grande and a proposal for more frequent mowing near lakes, which the attorney said would need HCID 13 approval.

Source: the meeting record › The approved minutes, p. 5 ›

The law and guidance in force on 2025-06-17

TCEQ approval of water, sewer and drainage bonds; bond application with engineer's report
Local Gov't Code §375.208; Water Code §49.181; 30 TAC §293.43
§375.208: Same text in force then and now§49.181: Same text in force then and now§293.43: Same text in force then and now
Shown The Board adopted the resolution applying to TCEQ for $10,000,000 (p.4-5).
Joint facilities in the application shared by benefit; district may not pay for facilities it gets no benefit from
30 TAC §293.44
§293.44: Same text in force then and now
Question The resulting 2025A issue included $234,390 of items titled to HCID 13 (Lift Station No. 1 masonry fencing $118,774; Phase 1 Detention Outfall $115,616).
Voter authorization for tax-backed bonds
Spec. Dist. Local Laws Code §3882.212(b)
§3882.212(b): Same text in force then and now
Reported: original not on file Reported, not yet confirmed from the originals: the Bond Review Board memo (September 16, 2025) refers to voter-approved but unissued bonds, and the November 2025 official statement (Authority for Issuance, HCID14_Series2025A_FOS_SAMCO.pdf, PDF p.11) reports $302,650,000 of water, sewer and drainage bonds authorized at bond elections. The election order, returns and canvass order are not on file.

Who's involved

BGE, Inc. (district engineer (presented and recommended))
Allen Boone Humphries Robinson LLP (ABHR) (general counsel)
Masterson Advisors LLC (financial advisor)
Dunham Pointe Development LLC (developer)
Texas Commission on Environmental Quality (approving agency)

Cost to the district

$10,000,000 Became the Series 2025A bonds sold November 18, 2025 (NEIR 4.762553%); about $8.9M of proceeds is for developer reimbursement and developer interest.

Money or costs moved

HCID 14 taxpayers (bonds) → Dunham Pointe Development LLC Most proceeds reimburse the developer for construction, engineering, operating advances and $1,716,537 of estimated developer interest (2025A official statement).
HCID 14 → HCID 13 (titled facilities): $234,390 Lift Station No. 1 masonry fencing and Phase 1 Detention Outfall.

Why the board approved it

Recorded: “Mr. Banes updated the Board on bond application no. 4 for $10,000,000; resolution adopted 'subject to final review' on the engineer's recommendation, on an expedited basis.”

Applying for TCEQ approval is the required step before a water, sewer and drainage bond. The minutes do not list the projects or their costs; the engineer's bond application report would.