NOTICE OF SALE
TRAVIS COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT NO. 17
SERENE HILLS DEFINED AREA UNLIMITED TAX BONDS, SERIES 2026
(A political subdivision of the State of Texas located in Travis County, Texas)
$5,675,000
Selling: Thursday, April 16, 2026
Bids Due 12:00 p.m., CDT
Place and Time of Sale: The District will consider awarding the sale of the Bonds on Thursday, April 16, 2026 at 6:00 p.m., CDT at the designated meeting place inside the boundaries of the District, at 3812 Eck Lane, Austin, Texas 78734-1613. 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 good faith deposit in the amount of $113,500 via wire transfer to the District or a cashier's check payable to the order of Travis County Water Control and Improvement District No. 17 to Specialized Public Finance Inc., 248 Addie Roy Road, Suite B-103, Austin, Texas 78746 by 12:00 p.m., CDT 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.
Sealed, Written Bids Delivered in Person: Sealed, written bids, plainly marked "Bid for Bonds" should be addressed to President and Board of Directors of Travis County Water Control and Improvement District No. 17, and if delivered in person, delivered to Garry Kimball, Specialized Public Finance Inc., 248 Addie Roy Road, Suite B-103, Austin, Texas 78746, by 12:00 p.m., CDT on Thursday, April 16, 2026. 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 12:00 p.m., CDT on Thursday, April 16, 2026 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 Parity Customer Support, 1359 Broadway, 2nd Floor, New York, New York 10018, (212) 404-8102. The District will neither confirm any subscription nor be responsible for the failure of any prospective bidder to subscribe to PARITY.
An electronic bid made through the facilities of PARITY shall be deemed a sealed irrevocable offer to purchase the Bonds on the terms provided in this Official Notice of Sale, and shall be binding upon the bidder as if made by a signed, sealed bid delivered to the District.
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 Notice of Sale will be notified immediately and must submit a SIGNED Official Bid Form in connection with the sale by 1:00 p.m., CDT on Thursday, April 16, 2026, to Monica Melvin 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
Travis County Water Control and Improvement District No. 17
April 2 2026
IPLAAS0133384