Harris County Municipal Utility District No. 490: requirements
What the law requires of the district, where the requirement comes from, and what record shows it is met. "Unknown" means no one has checked yet, not that anything is wrong.
| Requirement | Source | How it's checked | Status | Evidence |
|---|---|---|---|---|
| Bonds | ||||
| Annual financial information and event notices filed on EMMA as the bond undertakings require annual |
SEC Rule 15c2-12 undertakings | automatic EMMA continuing disclosure filings |
Unknown | |
| Bonds approved by TCEQ before sale, with feasibility within the rule limits per bond issue |
Water Code §49.181; 30 TAC §293.59 | request TCEQ order and staff memorandum |
Unknown | |
| Conflicts | ||||
| Conflict affidavits filed and abstention where a vote has a special economic effect on a director's interest per vote |
Local Gov't Code ch. 171; Water Code §49.058 | request Affidavits; abstentions recorded in minutes |
Unknown | |
| Conflicts disclosure statements filed where a vendor relationship or gift requires one ongoing |
Local Gov't Code ch. 176 | request Filed statements; website posting |
Unknown | |
| Contracts | ||||
| Certificate of interested parties obtained for contracts needing board action per contract |
Gov't Code §2252.908 | automatic Texas Ethics Commission Form 1295 database |
Unknown | |
| Professional services selected on qualifications per contract |
Gov't Code ch. 2254; Water Code §49.057(d) | request Selection records and minutes |
Unknown | |
| Developer reimbursement | ||||
| Developer interest limited to the bonds' net effective interest rate and the allowed period per bond issue |
30 TAC §293.50 | request Reimbursement report interest schedule |
Unknown | |
| Land reimbursed at the developer's cost plus taxes and interest actually paid per bond issue |
30 TAC §293.51 | request Land cost support; appraisal; reimbursement report |
Unknown | |
| Joint facility costs shared by benefit and design capacity; oversizing only with an agreement for adequate payment per bond issue |
30 TAC §293.44(a)(2), (a)(8) | request Joint facilities agreement; engineer's allocation |
Unknown | |
| Auditor reviewed proof of payment before reimbursement, and reported to TCEQ per bond issue |
30 TAC §293.70 | request Auditor's reimbursement report and filing with TCEQ |
Unknown | |
| Directors | ||||
| Each director has a sworn statement, oath and director's bond on file per term |
Water Code §49.055; Local Gov't Code §375.067 | request Statements of officer, oaths, bonds and board approval of bonds |
Unknown | |
| No director is disqualified (developer, developer employee or relative, consultant, certain contracts) per term |
Water Code §49.052 | manual Qualification records; county records of any contract with a developer |
Unknown | |
| Finance | ||||
| Annual audit completed and filed with TCEQ annual |
Water Code §49.191, §49.194 | automatic TCEQ district filings; audited financial statements |
Unknown | |
| Annual budget adopted annual |
Water Code §49.057(b) | request Adopted budget and the minutes adopting it |
Unknown | |
| Investment policy reviewed annually; quarterly investment reports; investment officer training annual |
Gov't Code ch. 2256 | request Policy and annual review order; quarterly reports; training certificates |
Unknown | |
| Governance | ||||
| Written policies adopted (ethics, travel, investments, professional services, management information) ongoing |
Water Code §49.199(a) | request The policies, with adoption and review dates; records of consultant evaluations |
Unknown | |
| Open meetings | ||||
| Agenda posted at least 72 hours before each meeting per meeting |
Gov't Code §551.043; Water Code §49.063 | automatic Agenda posting time from the district website or county posting, compared with the meeting time |
Unknown | |
| Each closed-session item describes its subject; boilerplate citing exceptions is not enough per meeting |
Gov't Code §551.041; Tex. Att'y Gen. Op. KP-0475 | automatic Agenda text for each executive-session item |
Unknown | |
| Minutes or a recording kept for every meeting per meeting |
Gov't Code §551.021 | request Approved minutes or recording for each meeting |
Unknown | |
| Public allowed to comment on each agenda item before or during its consideration per meeting |
Gov't Code §551.007 | manual Agenda public-comment item; minutes; meeting recording |
Unknown | |
| Each director completed Open Meetings Act training once per director |
Gov't Code §551.005 | request Training certificates |
Unknown | |
| Public information | ||||
| Designated email and mailing address for public information requests, published ongoing |
Gov't Code §552.234 | automatic Board resolution and website posting |
Unknown | |
| Public information officer or designee completed Public Information Act training once per officer |
Gov't Code §552.012 | request Training certificate |
Unknown | |
| Taxes | ||||
| Tax rate adopted on time; voter approval where the rate exceeds the voter-approval rate annual |
Tax Code ch. 26; Water Code §49.23602 | automatic Rate order; posted worksheets; election records if any |
Unknown | |
| Website | ||||
| Required district information posted online (contact, budget, tax rate, audit and others) ongoing |
Gov't Code §2051.202 | automatic District website or District Directory page |
Unknown | |
| Tax rate and related information posted online annual |
Tax Code §26.18 | automatic District website or District Directory page |
Unknown | |