Notice of Intent to Issue Debt
(Non-exempt Issuers Only)

The Texas Bond Review Board is responsible for approval of all state debt issues and lease purchases with an initial principal amount greater than $250,000 or a financing term greater than five years.

Notice of Intent to Issue (excerpt from the BRB Rules, Sec. 181.2)

Submission of an application for board approval to issue state debt must be preceded by a written notice of intent to issue no later than the last Wednesday of the month prior to the month requested for board consideration.

The notice must contain:

  1. a brief description of the proposed issuance, including, but not limited to, the purpose, the tentative amount, and a brief outline of the proposed terms;

  2. the proposed timing of the issuance with a tentative date of purchase;

  3. a request to have the debt issuance or lease-purchase scheduled for consideration by the board during a specified monthly meeting;

  4. an agreement to submit the required application see Application Forms no later than the first Tuesday of the month in which the applicant requests board consideration; and

  5. evidence that all necessary approvals for the issuance of the state securities or the project to be financed, including authorization of the Issuer's Board to proceed with the financing, have been obtained (i.e. Board minute order or resolution).

 
 
 
 
 
 
 
 
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
      

You must click on the "Submit Letter of Intent" button with your mouse to submit this form.

By clicking on the "Submit Letter of Intent" button, you are entering into an agreement to submit the required application see Application Forms no later than the first Tuesday of the month in which the applicant requests board consideration.

After you click on the "Submit Letter of Intent" button, your information will be submitted to the Bond Review Board and you should be redirected to a Thank You page. If after clicking on the submit button, you do not see a Thank You page, please contact the Staff Services Officer at (512) 475-4805 to manually submit your letter of intent.