CONSIDERATION AND POSSIBLE ACTION ON THE PROCUREMENT OF FINANCIAL ADVISOR SERVICES FOR THE POTENTIAL 2026 BOND PROJECTS: Speaker(s): Dr. Gregory Nelson, Superintendent Description: The Board will consider and take possible action regarding the procurement of financial advisor services for the 2026 Bond Projects. In accordance with applicable procurement provisions for professional services, the ad

Staff Report & Agenda Item Details

8.c. CONSIDERATION AND POSSIBLE ACTION ON THE PROCUREMENT OF FINANCIAL ADVISOR SERVICES FOR THE POTENTIAL 2026 BOND PROJECTS: Speaker(s): Dr. Gregory Nelson, Superintendent Description: The Board will consider and take possible action regarding the procurement of financial advisor services for the 2026 Bond Projects. In accordance with applicable procurement provisions for professional services, the administration reviewed and evaluated the qualifications, experience, and capacity of firms capable of providing municipal financial advisory services to the district, rather than utilizing a formal Request for Qualifications (RFQ) process. Following the evaluation process, Government Capital Securities Corporation (GCSC) was identified as the recommended provider based on qualifications, experience with school finance and bond projects, demonstrated ability to support the district’s anticipated bond program, and their previous support of the Series 2026 Maintenance Note. The proposed agreement with Government Capital Securities Corporation establishes the firm as the district’s municipal advisor for potential 2026 bond-related financing and advisory services. Services may include advising the district on financing structures, assisting with bond issuance planning, coordinating with bond counsel and rating agencies, and providing recommendations regarding the structuring and sale of securities. The revised agreement has been reviewed and updated to include required compliance provisions related to Texas Government Code Sections 2271, 2274, and 2276 concerning verification regarding boycotts of Israel, discrimination against firearm entities, and boycotting energy companies.

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 9.1/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.