Confirm whether the reimbursement report was filed with TCEQ, or, if not required for road bonds, posted for residents.

30 TAC §293.70 may apply; Good practice: independent review and publication of reimbursement reports (district_powers good-practice list).

The board action behind it

2026-07-21: Approved developer reimbursement report for the $9,000,000 Series 2026 Road Bonds and authorized disbursement of bond proceeds

What else happened at that meeting

The Board approved the developer reimbursement report for the $9,000,000 Series 2026 Road Bonds and authorized disbursement of bond proceeds. It renewed the District's insurance policies and approved a revised maintenance schedule adding $20,800.00 for fine mowing and handwork at Ponds AB, FG2, and FG4, with costs shared with HCID 13. The Board awarded the Mesenil Drive Street Dedication contract to the second-lowest bidder, Fellers & Clark, LP, for $2,472,750.00 after the engineer reported the lowest bidder asked to withdraw its bid due to a substantial error. It adopted a resolution for bond application no. 5 and accepted a petition to add a 54.2-acre tract, authorizing a request for City of Houston consent.

Source: the meeting record › The approved minutes, p. 2 ›

The law and guidance in force on 2026-07-21

CPA performs set procedures on every item before a developer is paid from bond money; report filed with TCEQ within 10 days 30 TAC §293.70 (applies to TCEQ-approved bonds; may not apply to road bonds) §293.70: Same text in force then and now	Shown	Forvis presented the reimbursement report and the Board approved it (p.1-2). TCEQ filing not mentioned; road bonds are not TCEQ-reviewed (Local Gov't Code §375.208).
Developer interest limited in time and to the bonds' net effective interest rate 30 TAC §293.50 (may apply) §293.50: Same text in force then and now	Question	The Series 2026 Road Bonds official statement, Use and Distribution of Bond Proceeds (on EMMA) shows 'Developer Interest (Estimated)' $1,078,659; the rate and period used are not in the minutes. NEIR was 4.581163%.
Land bought from a developer priced at cost plus taxes and interest 30 TAC §293.51(c) (may apply) §293.51(c): Same text in force then and now	Question	The Series 2026 Road Bonds official statement, Use and Distribution of Bond Proceeds (on EMMA) shows right-of-way land $1,619,746 and $287,813; pricing basis not in the minutes.
Public purpose, control and return benefit Tex. Const. art. III §52(a) art. III §52: Same text in force then and now	Question	Includes the HCID 13-titled Jack Road item ($1,121,284); see May 19, 2026 #1.

Who's involved

Dunham Pointe Development, LLC (developer)

Forvis Mazars, LLP (auditor (also HCID 13's))

Masterson Advisors LLC (financial advisor (also HCID 13's))

Allen Boone Humphries Robinson LLP (general and bond counsel (also HCID 13's))

BGE, Inc. (district engineer (also HCID 13's engineer))

Possible conflicts

Four of five directors: Qualify through tracts deeded by the developer with deeds of trust back to it, and voted to approve the developer's reimbursement. (Director tract deeds, Harris County Clerk RP-2024-118132, -118134, -118136 and RP-2024-136812, with deeds of trust back to the developer RP-2024-118133, -118135, -118137 and RP-2024-136813)

Dunham Pointe Development, LLC: Its representatives attend every meeting and report on development; it is the payee. (minutes p.1)

Cost to the district

$8,083,862 Paid from the $9,000,000 2026 Road Bonds (repaid by HCID 14 taxpayers). Amount derived from the Series 2026 Road Bonds official statement, Use and Distribution of Bond Proceeds (on EMMA) (Texas Open Books calculation), not stated in the minutes.

Money or costs moved

HCID 14 → Dunham Pointe Development, LLC: $8,083,862 Road construction $3,075,118; right-of-way land $1,907,559; Jack Road (HCID 13-titled) $1,121,284; developer interest $1,078,659; engineering and testing $901,241 (Series 2026 Road Bonds official statement, Use and Distribution of Bond Proceeds (on EMMA)).

Why the board approved it

Recorded: “Auditor discussed the process and presented the report (p.1-2).”

Having the auditor check each item before payment is the right control. The minutes do not state the amount paid, the interest rate and period used, or how land was priced, and for road bonds no TCEQ rule necessarily caps them.