The Texas Bond Review Board is responsible for
approval of certain 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 12 business days prior
to the scheduled planning session.
The notice must contain but is not limited to:
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a brief description of the proposed issuance, including, but not limited to, the
purpose, the tentative amount, proposed security, type of interest, and any related
credit agreements;
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the proposed timing of the issuance with a tentative date of sale and a tentative
date for closing, or if the state securities are to be issued in the form of commercial
paper notes, the period over which the state securities will be issued for projects to
be financed;
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a request to have the debt issuance or lease-purchase scheduled for
consideration by the board during a specified
monthly meeting; and
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an agreement to submit the required application (see
Application Forms) no later than 10 business days prior to the scheduled planning session to discuss the application.
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 10 business days prior to the schedule planning session to discuss the application.
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 Bond Review Board staff at (512) 463-1741 to manually
submit your letter of intent.
