30 Tex. Admin. Code § 293.87

Current through Reg. 49, No. 45; November 8, 2024
Section 293.87 - Application for Extension of Time to Sell Bonds

An application to extend commission approval of a bond issue must include the following:

(1) a resolution by the governing board requesting the approval to extend commission approval of the bond issue;
(2) updated build-out schedules if changed from original projections;
(3) market study update if a market study was required in original bond application;
(4) revised table of projected revenues and expenses;
(5) if the application includes a change in the approved interest rate, maturity schedule or total bond amount, a revised amortization table;
(6) if the original approval did not contain funds for the 0.25% fee required under § 293.45 of this title (relating to Action of the Commission and Bond Proceeds Fee), applicant must submit a revised cost summary including such fee;
(7) a filing fee in the amount of $100; and
(8) other information as the executive director may require.

30 Tex. Admin. Code § 293.87

The provisions of this §293.87 adopted to be effective October 6, 2002, 27 TexReg 9365