Order Calling Water, Sewer, Drainage and Road Bond Election
ORDER CALLING WATER, SEWER, DRAINAGE AND ROAD BOND ELECTION WHEREAS, Fort Bend County Municipal Utility District No. 24 (the "District") was heretofore duly created by order of the was heretofore duly created by order of the Texas Water Commission, now known as the Texas Commission on Environmental Quality (herein the "TCEQ"), and the appointed directors of the District have met and organized and have qualified to serve as directors of the District by making the sworn statement, taking the oath, and making the bond required by law; and WHEREAS, the District was created under the authority of Article XVI, Section 59 of the Texas Constitution and Chapters 49 and 54, Texas Water Code, and has all of the purposes and powers described therein; and WHEREAS, at a bond election held on November 8, 2005, the Board of Directors of the District (the "Board") was authorized to issue bonds of the District is the maximum amount of $78,500,000 of unlimited tax bonds for water, sewer and drainage facilities (the "Facilities"); and WHEREAS, the District has issued, sold, and delivered its $3,340,000 Unlimited Tax Bonds, Series 2008, the $1,290,000 Unlimited Tax Bonds, Series 2011, the $1,350,000 Unlimited Tax Bonds, Series 2014, the $3,250,000 Unlimited Tax Bonds, Series 2016, the $5,320,000 Unlimited Tax Bonds, Series 2017, the $2,280,000 Unlimited Tax Bonds, Series 2018, and $3,260,000 Unlimited Tax Bonds, Series 2020; and WHEREAS, of the total authorized amount of $78,500,000, the District currently has $58,410,000 remaining in principal amount of
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