PGMUD Bond Authorization Review: Cost of Selling Bonds / Revisión de la Autorización de Bonos de PGMUD: Costo de la Venta de Bonos

As some discerning Pecan Grove residents have noticed, the project costs on the Open House boards don’t match the total of the bond authorization amount on the ballot. This is by design, and we want to take a moment and explain why.

Every bond issued comes with fees associated with it. Think of it like closing costs when buying a home; these fees fund the various parties that oversee, underwrite, and review the bond sale process. So, when the engineer writes the bond authorization report, they have to include these “soft costs” into the authorization total. See below for the breakdown from the report:

As this capital improvement plan also takes place over a projected 15 years, the engineer also has to account for inflation, escalation of vendor costs, and unforeseen contingencies (say, if a hurricane comes through during a planned construction phase). All these things are considered as part of the overall total amount required to be approved by voters.

What the bond authorization report does not consider are:

  • Grants, because those are not guaranteed and have high bars of qualification;
  • FEMA reimbursements, which require the project to be funded and completed before the money is reimbursed.

We hope this answers many of the questions residents have had as election day approaches. Early voting is still underway through the 30th, and election day is May 4th. If you have any further questions, please reach out to us via the Pecan Grove MUD website contact form.

 

Revisión de la Autorización de Bonos de PGMUD: Costo de la Venta de Bonos

Como han observado algunos residentes perspicaces de Pecan Grove, los costos del proyecto en las pizarras de la Casa Abierta no coinciden con el monto total de la autorización de la boleta de votación. Esto se diseñó así y queremos tomarnos un momento para explicarle el motivo.

Cada bono emitido viene con tarifas relacionadas. Piense en esto como los costos de cierre al comprar una casa: estas tarifas financian las diversas partes que supervisan, cubren y revisan el proceso de venta de bonos. Por lo tanto, cuando el ingeniero redacta el informe de autorización de bonos, tiene que incluir estos “costos indirectos” en el total de la autorización. Vea a continuación el desglose del informe:


Dado que este plan de mejora de infraestructura también se llevará a cabo durante 15 años previstos, el ingeniero también tiene que dar cuenta de la inflación, el incremento de los costos de los proveedores y las contingencias imprevistas (por ejemplo, si viene un huracán durante una etapa de construcción planificada). Todos estos aspectos se consideran como parte del monto total general que requiere la aprobación de los votantes.

Lo que la autorización de bonos no contempla es lo siguiente:

  • las concesiones, porque no están garantizadas y tienen altos niveles de cualificación;
  • los reembolsos de FEMA, que requieren que el proyecto esté financiado y completado antes de que el dinero se reembolse.

Esperamos que esto responda muchas de las preguntas que los residentes han realizado a medida que el día de elección se acerca. La votación anticipada aún se lleva a cabo, hasta el 30 de abril inclusive, y el Día de Elección es el 4 de mayo. Si tiene alguna otra pregunta, comuníquese con nosotros por medio del formulario de contacto del sitio web de Pecan Grove MUD.

New Permanent Meeting Location

Dear PGMUD resident:

Just a quick update to let you know that effective January 1, 2019 regular meetings of the Board of Directors will be moved from the country club to Pecan Grove Baptist Church, 1727 FM 359 Road, Richmond, Texas. Regular meetings are held the last Tuesday of each month starting at 5:30 p.m. The Board welcomes and encourages you to attend.

Sincerely,

Board of Directors

Pecan Grove Municipal Utility District

Flood Debris Removal

Fort Bend County will be making a final sweep of the District tomorrow, Tuesday, September 19, 2017 to pick up heavy debris from flood damaged homes. Please move your flood debris to the curb and send your address through the District website at http://www.pecangrovemud.com/contact so the District can provide your address to Fort Bend County for debris removal. Even if you have already submitted your address, please resubmit your address if you still have debris.

Debris Removal in the District

The District previously contracted with our trash provider WCA for heavy flood debris removal this week in the District. WCA, without any advance warning/notice to the District, informed the District this afternoon that all trucks to be used for heavy debris removal have been pulled out of the District and rerouted to Florida. The District is actively looking for a heavy debris removal contractor who can move in quickly and replace WCA. Before the storm, the District contacted with Fort Bend County for heavy storm debris pick up, and has requested the County to expedite heavy trash storm debris pick up in Pecan Grove. As additional information is available, we will post it to the website and send out email updates to those who have requested email blasts.

WCA was working with third party trucks, which are the ones that left for FLorida. WCA is currently working on another solution.

WCA Collection Today

WCA is running slightly behind today due to traffic getting out to the area. They will continue this evening and return tomorrow to finish debris collection.

Hurricane Harvey – After the Event

It has been a demanding week in Pecan Grove! However, we have pulled together in response to the historic flooding caused by Hurricane Harvey. Considering the devastation that occurred in most of Southeast Texas, our community experienced far less damage than most of our neighboring communities. As challenges have come up, the dynamic, positive responses from our District Operator (EDP), Volunteer Fire Department (VFD) members, Sheriff’s Deputies, M.U.D. Board Directors, and you, our neighbors, have exceeded all expectations. Hurricane Harvey Flood fighting efforts would not have been possible without the positive attitude and can-do spirit our residents have exhibited again and again. Our heartfelt thanks go out to everyone who contributed – whether by rescuing your neighbors or providing food to others in need. There were so many willing volunteers that we can’t begin to thank all of you.

As a result of the issues identified during Hurricane Harvey, your Board will be analyzing what can be done to address and correct these situations. We will be working with the Operator, engineers and other consultants to define projects that will improve the functionality of our levee system. There will be a special meeting on Friday, September 8, 2017, at 3:30 p.m. at the Pecan Grove Country Club. There will be a short executive session at the beginning of the meeting and the public will be invited in after that session. We want our neighbors to hear what projects have been identified for the continued improvement of Pecan Grove. We will also let you know about a future workshop that will detail these projects, both in terms of what they entail and the planned timing for the district.

Garbage collection will recommence on Monday, September 4, 2017, per the normal schedule. Also on Monday, there will be a special pickup of tree debris resulting from the storm. Then on Tuesday, September 5, 2017, there will be an additional pickup specifically for storm damage refuse from inside homes, such as carpet and sheetrock. We are working closely with WCA (Waste Corporation of America) to get Pecan Grove residents the trash collections that they need. In the coming weeks, Fort Bend County will come through the community and collect any additional storm debris that was not collected by WCA. Click here for more information.

Pecan Grove Park on Pitts Road

Pecan Grove Park on Pitts Road will be closed for maintenance following Hurricane Harvey until Wednesday, September 6th.  Thank you for your patience.

Plantation Place Update

The water on FM 359 has receded enough for the entrance to Plantation Place to be passable. We are still pumping water out at the Sonic on FM 359, so do not try to pass in a low car. You may need to drive through the Pecan Grove Baptist church parking lot, but you can get in and out of Plantation Place.

Also, the water in Pecan Grove remains safe to drink.

Clarification of FBCOEM Recent Post

To clarify Fort Bend County’s recent post on fbcoem.org that the mandatory evacuation had been changed to voluntary for PORTIONS of Pecan Grove, we want to make sure people know Plantation place is still NOT accessible as the entrance off FM 359 is still under water. When FM 359 water recedes from that intersection, Plantation Place will be changed to voluntary.  We apologize for the confusion caused by the county’s post.

Special Session Scheduled

The Fort Bend County Commissioner’s Court has special sessions scheduled for Saturday, September 2 and Monday, September 4 at 1:00 p.m. to discuss the impact of the disaster declaration on August 24 as a result of Hurricane Harvey.

Brazos River Update – August 31st at 6:30pm

Although Fort Bend County has not yet formally announced, the National Weather Service has revised the Brazos River crest DOWNWARD slightly from 56′ to 55.7′ at the Richmond Gauge.  Any amount of lower inches is helpful.

Our pumps are continuing to run full time and are managing the storm water for now.

On the fbcoem.org website, there is announced a press conference at 6:30 pm tonight. Please tune in to local stations tonight to see if there is coverage for updated information from Fort Bend County Judge Hebert.

https://water.weather.gov/ahps2/hydrograph.php?wfo=hgx&gage=rmot2

County Judge Issues Curfew Order for Unincorporated Fort Bend County

FORT BEND COUNTY, TX  August 30, 2017  10:00 PM

For Immediate Release

In response to requests from Fort Bend County law enforcement officials, Judge Bob Hebert has issued a curfew order for unincorporated areas of Fort Bend County. This curfew will be in effect beginning 12:01 August 31, 2017 and will be in force until 6:00 AM on September 6.

The curfew states that the only people who may remain in or travel around on both public and private property are:

  • Law Enforcement Personnel
  • People authorized by the County Judge to assist in the protection of the health, safety, or welfare of the public
  • Owners of the property in which they are found during curfew hours
  • A person who remains or travels upon private property which is owned by him or upon which the person has been invited

This order will take effect immediately.

“This curfew,” said Judge Hebert, “is being put into effect for the safety of people in the unincorporated areas of Fort Bend County. The safety of our citizens outweighs the temporary inconvenience that results from this curfew. We want you to be safe as we face Harvey’s challenges together”.

Water on FM 359

Last night the plug that had been installed in the TXDOT inlet outside of the levee on FM 359 near the Pecan Lakes entry failed. This failure of the plug brought stormwater onto FM 359. The situation has been managed. Currently the stormwater is under control.  The district constructed a temporary ditch along the back wall of Pecan Lakes to take water out to Jones Creek through our pump station. The storm water at the north levee crossing is being managed by trailer mounted pumps. Operations of our pump stations are normal.

Brazos River Update – August 30 at Noon

Earlier today, the National Weather Service and Fort Bend County officials changed the expected crest level for the Brazos River in Richmond to 56 feet (gauge height), with the crest now expected to occur sometime on Thursday or early Friday. That is below the previous estimates of 59 feet and 57.5′.  If the river crests at the new revised projected level of 56 feet, that would constitute a 100-year flood event for the District. 

The District encourages you to continue monitoring the website of the Fort Bend County Office of Emergency Management for additional updates: http://fbcoem.org.

For Fort Bend County flood plain maps and related information, please visit:  http://www.fortbendcountytx.gov/index.aspx?page=337

Judge Hebert River Flooding Video Update Wednesday Morning August 30, 2017

Fort Bend County Judge Hebert gave a video update this morning, which is loaded to YouTube here: https://www.youtube.com/watch?v=1CwLD9ed6Tc

Our first priority is the safety of our residents and our employees

  • Please be prudent and don’t take risks that could threaten your safety or the safety of first responders who may have to rescue you.

Our focus today remains on:

  • Rescuing those who need immediate assistance and seeing to their safety
  • Preparing our county and our residents for possible challenges to come

The situation with rising flood waters remains dynamic.

  • We hit a dangerous peak during the flash flooding over the weekend
  • We are headed toward another dangerous peak now
  • The sun is shining today, but the water is rising and danger is near
  • It is critical that all residents pay close attention to the latest news

I want to be very clear about current evacuation orders

  • All evacuation orders remain in place
  • Evacuation orders will only be lifted by me
  • Evacuation orders will stand until it is safe for residents to return
  • Shelters are available for residents who need a place to stay

We will keep you informed

  • We are using Facebook, Twitter and our emergency management website to share latest information and answer questions

This incident will test our community for weeks to come

  • But we’ve been here before, and we have persevered – and we will persevere
  • We appreciate your support and ask for your continued patience
  • We will do our best to keep you informed as we work through the many challenging weeks that lay ahead.

Good News!

The National Weather Service has decreased the Brazos River peak to 56′ at the Richmond gauge. Best news of the day. We are still in emergency operations though until the river starts receding.

District Update – August 30 at 10:10am

Pecan Grove along with large portions of Fort Bend County remain under mandatory evacuation. While the weather looks to be clearing somewhat, the Brazos River has not yet peaked through Fort Bend County.

We understand the desire and need to begin clean up on those houses that flooded, but please wait until the County judge has lifted the mandatory evacuation notice. We know everyone is anxious but most of all we want our residents to be safe.

Official word will come through Fort Bend OEM and Pecan Grove MUD will work to post announcement when OEM issues the clearance.

We know how frustrating this is. Please be as patient as you can as our operations are still in emergency mode.

WIPP Location Map

Please note the WIPP (water inflated property protection system) locations on the map. At this point we are monitoring the river level. EDP will choose to deploy or not to deploy the WIPP’s based on water level observations. Please check the back here on the website for updates.

Two Pipes Successfully Plugged – UPDATED

We have been successful at plugging the 48 inch pipe in the Oyster Creek area detention pond outside of the levee. This means that both the 60 inch pipe and the 48 inch pipe are plugged and all that is left is the 24 inch pipe. Divers from Saltwater Salvage are now working to close the remaining third pipe, which is 24 inches. This has been remarkable work by EDP and the dive team, working closely with your MUD directors to fix this breach. This plus the revised lower crest projections of the Brazos River are some needed good news. We will continue to post with updates. Rescuers are still out trying to help evacuate people from flooded homes in Pecan Grove.

UPDATE at 6:00pm:

The 3rd plug in the detention pond outside the levee that was allowing oyster creek floodwater into our Pecan Grove drainage system has been placed! All inlets are installed and plugged. Water should start receding quicker now. Congratulations to EDP, the MUD directors who personally pitched in, and divers from Salt Water Salvage who braved flooded roads to reach Pecan Grove!