NOTICE OF SALELAKESIDE MUNICIPAL UTILITY DISTRICT NO. 5UNLIMITED TAX ROAD BONDS, SERIES 2025(A political subdivision of the State of Texas located in Travis County, Texas)$7,000,000
Selling: Tuesday, September 9, 2025Bids Due: 10:30 AM, C.D.T.
Place and Time of Award: The District will consider the award of the sale of the Bonds on Tuesday, September 9, 2025 at 4:00 PM, C.D.T. at the designated meeting place outside the boundaries of the District, at The Tiemann Companies, 21100 Carries Ranch Road, Pflugerville, Texas 78660. Action will be taken immediately by the Board of Directors of the District to accept or reject the best bid. Each bidder must deliver a Bank Cashier's Check in the amount of $140,000 payable to the order of Lakeside Municipal Utility District No. 5 as a good faith deposit to: Masterson Advisors LLC, 2005 Melridge Place, Austin, Texas 78704, by 10:30 AM, C.D.T. on the date of the sale.
The District and Masterson Advisors LLC are not responsible if such electronic mail is malfunctioning which prevents a bid or bids from being submitted on a timely basis. The District and Masterson Advisors LLC will not be responsible for submitting any bids received after the above deadlines. The District and Masterson Advisors LLC assume no responsibility or liability with respect to any irregularities associated with the submission of any bids.
Procedure Number 1: Electronic Bidding Procedures: Any prospective bidder that intends to submit an electronic bid must submit its electronic bid through the facilities of PARITY between 10:00 AM C.D.T. and 10:30 AM C.D.T., on the date of the bid opening.
Subscription to the i-Deal LLC's BIDCOMP Competitive Bidding System is required in order to submit an electronic bid through PARITY. Further information about PARITY, including any fee charged, may be obtained from Parity Customer Support, 1359 Broadway, 2nd Floor, New York, New York 10018, (212) 849-5021. The District will neither confirm any subscription nor be responsible for the failure of any prospective bidder to subscribe to PARITY.
Procedure Number 2: Bids by Electronic Mail (only in the event PARITY is unavailable): Any prospective bidder that intends to submit a bid by electronic mail, in the event PARITY is not functioning or available, must submit its bid between 10:00 AM C.D.T. and 10:30 AM C.D.T., on the date of the bid opening. Electronic mail bids to the attention of John Barganski will be accepted at john.barganski@mastersonadvisors.com. All bids must be submitted on the "Official Bid Form" without alteration or interlineations. Copies of the Official Bid Form accompany the Preliminary Official Statement.
Information: The Bonds are more completely described in the "Official Notice of Sale," "Official Bid Form" and the "Preliminary Official Statement" which may be obtained from Masterson Advisors LLC, 2005 Melridge Place, Austin, Texas 78704, Financial Advisor to the District.
The bidder whose bid is the winning bid in accordance with the "Official Notice of Sale" will be notified immediately and must submit a signed Official Bid Form in connection with the sale by 11:00 AM, C.D.T. on Tuesday, September 9, 2025 to John Barganski, Masterson Advisors LLC at john.barganski@mastersonadvisors.com.
The District reserves the right to reject any or all bids for the Bonds and to waive any and all irregularities except time of filing. This notice does not constitute an offer to sell the Bonds but is merely notice of sale of the Bonds as required by law. The offer to sell the Bonds will be made only by means of the "Official Notice of Sale," the "Preliminary Official Statement" and the "Official Bid Form."
Board of Directors
Lakeside Municipal Utility District No. 5
August 28 2025
IPLAAS0097918