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7 • FINANCESienna Plantation Municipal Utility District #3 (Fort Bend County)

Series 2023 Unlimited Tax Refunding Bonds, including: a. approve Preliminary Official Statement for the Districts Unlimited Tax Refunding Bonds, Series 2023; b. designate Underwriter; c. appoint Paying Agent/Registrar and Escrow Agent; d. adopt Resolution

Presented in: Sienna Plantation MUD #3 Board Meeting - 2023-05-24 on 2023-05-24
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 8.7/10 Impact Weight
PASSED (5 - 0)
“Motion to approve Series 2023 Unlimited Tax Refunding Bonds, including: a. approve Preliminary Official Statement for the Districts Unlimited Tax Refunding Bonds, Series 2023; b. designate Underwriter; c. appoint Paying Agent/Registrar and Escrow Agent; d. adopt Resolution”
TC
Teri Clayton
Director (Place 1)
YES
JB
James Browne
Director (Place 2)
YES
KB
Kathy Bender
Director (Place 3)
YES
BW
Beth Wolf
Director (Place 4)
YES
DT
Don Trull
Director (Place 5)
YES

Staff Report & Agenda Item Details

Series 2023 Unlimited Tax Refunding Bonds, including: a. approve Preliminary Official Statement for the Districts Unlimited Tax Refunding Bonds, Series 2023; b. designate Underwriter; c. appoint Paying Agent/Registrar and Escrow Agent; d. adopt Resolution Authorizing the Issuance of the District’s Unlimited Tax Refunding Bonds, Series 2023 and authorize the Board of Directors to sign all documents relating to the sale of the bonds; e. authorize the District’s attorney and the financial advisor to take all necessary action in connection with the issuance of the District’s Unlimited Tax Refunding Bonds, Series 2023; f. execution of Certificate Regarding Provision of Financial Advice; g. approve payment to Attorney General relating to bond issue transcript review; and h. approve Engagement Letter for Special Tax Counsel related to Sienna Municipal Utility District No. 3 Tax Refunding Bonds, Series 2023.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.7/10). 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.