Relating to the powers, duties, and authority to issue bonds of the Fort Bend County Water Control and Improvement District No. 12 related to roads.

Contracts

• Reimbursement Agreements: Existing agreements with the District must be amended to explicitly include "road projects" as reimbursable costs.
• Construction Contracts: Master Service Agreements (MSAs) with paving and civil contractors must reference the specific standards of the oversight jurisdiction (e.g., "Must meet City of Sugar Land standards") rather than generic industry standards to ensure bond eligibility.
• Conveyance Instruments: Legal counsel must draft deeds and bills of sale anticipating transfer to the County or Municipality, not the District, as the District is authorized to convey roads upon completion.

Hiring/Training

• Project Managers: Must be trained to identify the "controlling jurisdiction" (City vs. County vs. TxDOT) for every segment of road prior to design.
• Civil Engineers: Design teams must verify that drainage improvements "in aid of" roads meet the specific criteria required for road bond inclusion, which differs from standard water district drainage bond criteria.

Reporting & Record-Keeping

• Pre-Construction Certification: You must obtain and file written approval of plans from the relevant municipality or county *before* breaking ground. Retroactive approval is not sufficient for bond counsel.
• Valuation Tracking: Developers must maintain real-time tracking of the District’s total assessed property value to ensure the 25% bond cap has not been reached prior to requesting issuance.

Fees & Costs

• Bond Issuance Costs: Standard issuance fees will apply.
• Cost of Capital Risk: Because road bonds are capped at 25% of assessed value (unlike unlimited water/sewer bonds), there is a higher risk of reimbursement delays if property values stagnate.