HomeMy WebLinkAbout2016-0205 Water Study Workshop Agenda Packet
BOARD OF DIRECTORS
Special Meeting
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
100 MUNICIPAL DRIVE
TROPHY CLUB, TEXAS 76262
February 5, 2016 9:00 a.m. Svore Municipal Boardroom
WORKSHOP
CALL TO ORDER AND ANNOUNCE A QUORUM
SPECIAL SESSION
1. Consider and take appropriate action regarding water system study performed by the Wallace
Group/CP&Y Engineering.
2. Consider and take appropriate action regarding funding sources available through the Texas Water
Development Board (TWDB) for water and wastewater system improvements.
attachment: TWBD Summary
ADJOURN
CERTIFICATION
THE STATE OF TEXAS §
COUNTIES OF DENTON AND TARRANT §
THIS CERTIFIES THAT BY 6 P.M. ON FEBRUARY 1, 2016 A COPY OF THE ABOVE NOTICE OF TROPHY CLUB
MUNICIPAL UTILITY DISTRICT NO. 1, BOARD OF DIRECTORS SPECIAL MEETING TO BE HELD ON FRIDAY,
FEBRUARY 5, 2016 AT 9:00 A.M., WAS POSTED ON THE FRONT WINDOW OF TROPHY CLUB MUNICIPAL
UTILITY DISTRICT NO. 1, ADMINISTRATION BUILDING AT 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS,
WHICH IS A PLACE CONVENIENT PUBLIC WITHIN THE BOUNDARIES OF THE DISTRICT AND NOTIFICATION
WAS POSTED TO THE DISTRICT WEBSITE, IN ACCORDANCE WITH SECTION 49.063 OF THE WATER CODE
AND SECTION 551.054 OF THE TEXAS GOVERNMENT CODE, AS AMENDED.
LAURIE SLAGHT, DISTRICT SECRETARY
POSTED ON THE FRONT WINDOW OF
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
ADMINISTRATION BUILDING
DATE: ___________________TIME:_______________
Trophy Club Municipal Utility District No. 1 1 of 3 February 5, 2016 - Special Meeting Agenda Packet
Texas Water Development Board Funding OptionsRates as of January 22, 2016Market RateTWDB RateDevelopment Fund (Tax Exempt)20 3.19% 3.18%0.01%Easiest and fastest program; no subsidy offered but get TWDB bond ratings.Development Fund (Tax Exempt)30 3.36% N/AN/A Drinking Water SRF (AA)20 2.44% 1.19%1.25%2.25% origination fee; subsidy rate of 1.25% below market rate; requires EID, Davis‐Bacon, and other Federal requirements for funding.Drinking Water SRF (BAA)20 3.19% 1.94%1.25%Drinking Water SRF (BAA)20 3.19% 1.94%1.25%SWIFT2.25% origination fee; 0.35% subsidy; projects must be included in State/Regional Water Plan; abridged application due Feb. 5th.Type of Funds TermsESTIMATED RATEVARIANCESEE CHART ON BACKCOMMENTSTrophy Club Municipal Utility District No. 12 of 3February 5, 2016 - Special Meeting Agenda Packet
Trophy Club Municipal Utility District No. 13 of 3February 5, 2016 - Special Meeting Agenda Packet