NOTICE OF SALE
$3,750,000
PALMERA RIDGE MUNICIPAL UTILITY DISTRICT OF WILLIAMSON COUNTY
UNLIMITED TAX BONDS, SERIES 2025A
(A political subdivision of the State of Texas located in Williamson County, Texas)
Selling: Tuesday, September 30, 2025
Bids Due: 9:30 AM, C.D.T.
Place and Time of Award: The District will consider the award of the sale of the Bonds on Tuesday, September 30, 2025 at 12:00 PM, C.D.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 $75,000 payable to the order of Palmera Ridge Municipal Utility District of Williamson County as a good-faith deposit to Specialized Public Finance Inc., 248 Addie Roy Road, Suite B-103, Austin, Texas 78746, by 9:30 AM, C.D.T. on the date of the sale.
The District and Specialized Public Finance Inc. 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 Specialized Public Finance Inc. will not be responsible for submitting any bids received after the above deadlines. The District and Specialized Public Finance Inc. assume no responsibility or liability with respect to any irregularities associated with the submission of bids if the electronic mail bid option is exercised.
Written Bids/Bids Delivered in Person: Written bids, plainly marked "Bid for Bonds" should be addressed to the Board of Directors of Palmera Ridge Municipal Utility District of Williamson County, and if delivered in person, delivered to Garry Kimball, Specialized Public Finance Inc., 248 Addie Roy Road, Suite B-103, Austin, Texas 78746, by 9:30 AM, C.D.T., on Tuesday, September 30, 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 between 8:30 AM and 9:30 AM, C.D.T., on Tuesday, September 30, 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. The District will neither confirm any subscriptions nor be responsible for the failure of any prospective bidder to subscribe.
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 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 10:00 AM, C.D.T. on Tuesday, September 30, 2025, to Donna Watson, Specialized Public Finance Inc. at Donna@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
Palmera Ridge Municipal Utility District
of Williamson County
September 18 2025
IPLAAS0102159