Consideration and Action on a Resolution Approving an Engagement Agreement for Bond Counsel Legal Services with Cantu Harden Montoya LLP; and other matters in connection therewith. Paperwork will be under "extras" Description: EXHIBIT C: HB2826 LANGUAGE POST WITH MAY 19, 2026 AGENDA FINDINGS OF THE BOARD OF TRUSTEES OF THE TEAGUE INDEPENDENT SCHOOL DISTRICT, RELATING TO THE RESOLUTION APPROVING AN

Staff Report & Agenda Item Details

13. Consideration and Action on a Resolution Approving an Engagement Agreement for Bond Counsel Legal Services with Cantu Harden Montoya LLP; and other matters in connection therewith. Paperwork will be under "extras" Description: EXHIBIT C: HB2826 LANGUAGE POST WITH MAY 19, 2026 AGENDA FINDINGS OF THE BOARD OF TRUSTEES OF THE TEAGUE INDEPENDENT SCHOOL DISTRICT, RELATING TO THE RESOLUTION APPROVING AN ENGAGEMENT AGREEMENT FOR BOND COUNSEL LEGAL SERVICES WITH CANTU HARDEN MONTOYA LLP; AND OTHER MATTERS IN CONNECTION THEREWITH, TO BE CONSIDERED FOR ADOPTION BY THE DISTRICT ON MAY 19, 2026 The Board of Trustees of the District intends to engage Cantu Harden Montoya LLP, as the most qualified candidate submitting a response to a request for proposals previously issued by the District, to provide the District with bond counsel and disclosure counsel legal services pertaining to the District’s issuance of public securities on the public or private market, including advising the District on any "official statement" to potential investors pursuant to federal securities laws and issuing a legal opinion as to the foregoing; Cantu Harden Montoya LLP has consistently demonstrated its competence, qualifications, and experience as an industry leader in public finance matters through the provision of bond counsel and disclosure counsel legal services, the representation of municipal advisors, issuers, and other parties in United States Securities and Exchange Commission enforcement actions, the publication of disclosure policies and the representation of state agencies and political subdivisions within the State of Texas on public securities related issues and matters; Accessing the public or private markets through the issuance of public securities and providing an "official statement" of the District to potential investors is governed by State and federal securities and federal tax laws and requires the advice of legal advisors that specialize in public finance matters that are well versed in public finance legal matters; Engaging an attorney in private practice who specializes in public finance matters that is well versed in State and federal securities and federal tax laws pursuant to an hourly fee arrangement would likely result in higher fees to be paid by the District, and such fees incurred would be payable by the District by amounts on deposit in the District’s General Fund, whether or not the public securities are actually issued; Fees for legal services in public finance matters, including bond counsel and disclosure counsel legal services, have traditionally been paid pursuant to a contingent fee contract, where such fees become payable only upon the successful issuance of the public securities and solely from the proceeds of the public securities; Entering into a contract for bond counsel legal services with Cantu Harden Montoya LLP (a firm that specializes in public finance matters and is well versed in State and federal securities and federal tax

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.5/10). 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.