NOTICE OF SALE
PILOT KNOB MUNICIPAL UTILITY DISTRICT NO. 2
UNLIMITED TAX BONDS, SERIES 2025
(A political subdivision of the State of Texas located in Travis County, Texas)
$8,100,000
Selling: Monday, November 17, 2025
Bids Due: 9:00 AM, C.S.T.
Place and Time of Award: The District will consider the award of the sale of the Bonds on Monday, November 17, 2025 at 11:00 AM, C.S.T. at the designated meeting place outside the boundaries of the District, at Armbrust & Brown, PLLC, 100 Congress Avenue, Suite 1300, Austin, Texas 78701. 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 $162,000 payable to the order of Pilot Knob Municipal Utility District No. 2 as a good-faith deposit to Specialized Public Finance Inc., 248 Addie Roy Road, Suite B-103, Austin, Texas 78746, by 9:00 AM, C.S.T. on the date of the sale.
The District and Specialized Public Finance Inc. assume no responsibility or liability with respect to any irregularities associated with the submission of any bids. The District and Specialized Public Finance Inc. will not be responsible for submitting any bids received after the above deadlines. For the purpose of determining compliance with any and all time deadlines set forth in this Official Notice of Sale, for all alternative bidding procedures, the official time shall be maintained only by the Parity Electronic Bid Submission System ("PARITY").
Address of the Bids/Bids Delivered in Person: Written bids, plainly marked "Bid for Bonds" should be addressed to the Board of Directors of Pilot Knob Municipal Utility District No. 2, and if delivered in person, delivered to Dan Wegmiller, Specialized Public Finance Inc., 248 Addie Roy Road, Suite B-103, Austin, Texas 78746, by 9:00 AM, C.S.T., on Monday, November 17, 2025. All bids must be signed and submitted on the "Official Bid Form."
Electronic Bidding Procedures: Any prospective bidder that intends to submit an electronic bid must submit its electronic bid through the facilities of PARITY by 9:00 AM, C.S.T., on Monday, November 17, 2025 as described in the "Official Notice of Sale" described below.
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 Dalcomp/Parity, 395 Hudson Street, New York, New York 10014, Attention: Jennifer Emery (212) 806-8304.
Information: The Bonds are more completely described in the "Official Notice of Sale," the "Official Bid Form" and the "Preliminary Official Statement" which may be obtained from Specialized Public Finance Inc., 248 Addie Roy Road, Suite B-103, Austin, Texas 78746, 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 9:30 AM, C.S.T. on Monday, November 17, 2025, to Monica Melvie, Specialized Public Finance Inc., at monica@spfmuni.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
Pilot Knob Municipal Utility District No. 2
November 7 2025
IPLAAS0109276
Refcode: #IPLAAS01092760
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- Listing -