Notice of Intent to Issue Debt
(Non-exempt Issuers Only)
The Texas Bond Review Board is responsible for
approval of all 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 the
last Wednesday of the month prior to the month requested for board
The notice must contain:
a brief description of the proposed issuance, including, but
not limited to, the purpose, the tentative amount, and a brief outline of the
the proposed timing of the issuance with a tentative date of purchase;
a request to have the debt issuance or lease-purchase scheduled for
consideration by the board during a specified
an agreement to submit the required application see
Application Forms no later than the first Tuesday of the month in which
the applicant requests board consideration; and
evidence that all necessary approvals for the issuance of the state securities
or the project to be financed, including authorization of the Issuer's Board to
proceed with the financing, have been obtained (i.e. Board minute order or
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 the first Tuesday of the month in
which the applicant requests board consideration.
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 the Staff Services Officer at (512) 463-1741 to manually
submit your letter of intent.