SIENNA PLANTATION LEVEE IMPROVEMENT DISTRICT of FORT BEND COUNTY, TEXAS (Fort Bend County, Texas) PRELIMINARY OFFICIAL STATEMENT
SIENNA PLANTATION LEVEE IMPROVEMENT DISTRICT OF FORT BEND COUNTY, TEXAS (Fort Bend County, Texas) PRELIMINARY OFFICIAL STATEMENT DATED: MARCH 7, 2012 $5,120,000 UNLIMITED TAX LEVEE IMPROVEMENT BONDS SERIES 2012 BIDS TO BE SUBMITTED: 10:30 A.M., HOUSTON TIME BIDS TO BE OPENED: 11:30 A.M., HOUSTON TIME WEDNESDAY, APRIL 4, 2012 Financial Advisor PRELIMINARY OFFICIAL STATEMENT DATED MARCH 7, 2012 This Preliminary Official Statement is subject to completion and amendment and is intended for the solicitation of initial bids to purchase the Bonds. Upon the sale of the Bonds, the Official Statement will be completed and delivered to the Initial Purchaser. IN THE OPINION OF BOND COUNSEL, INTEREST ON THE BONDS IS EXCLUDABLE FROM GROSS INCOME FOR FEDERAL INCOME TAX PURPOSES UNDER EXISTING LAW, AND THE BONDS ARE NOT SUBJECT TO THE ALTERNATIVE MINIMUM TAX ON INDIVIDUALS AND CORPORATIONS, EXCEPT FOR CERTAIN ALTERNATIVE MINIMUM TAX CONSEQUENCES FOR CORPORATIONS. SEE "TAX MATTERS" FOR A DISCUSSION OF THE OPINION OF BOND COUNSEL. THE DISTRICT WILL DESIGNATE THE BONDS AS "QUALIFIED TAX-EXEMPT OBLIGATIONS" FOR FINANCIAL INSTITUTIONS. er no circumstances shall this NEW ISSUE – Book Entry Only $5,120,000 cation under the securities laws of any such SIENNA PLANTATION LEVEE IMPROVEMENT DISTRICT OF FORT BEND COUNTY, TEXAS (A Political Subdivision of the State of Texas, located within Fort Bend County) UNLIMITED TAX LEVEE IMPROVEMENT BONDS, SERIES 2012 The $5,120,000 Sienna Plantation Levee Improvement District of Fort Bend County, Texas Unlimited Tax Levee Improvement Bonds, Series 2012 (the "Bonds") are obligations of Sienna Plantation Levee Improvement District of Fort Bend County, Texas (the "District") and are not obligations of the State of Texas; the City of Missouri City, Texas; City of Alvin, Texas; Fort Bend County, Texas; or any political subdivision or entity other than the District.
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