Meeting Agenda
1. Call to Order; Establish Quorum
2. Audience with Patrons, Staff and Students
3. Administer Oath of Office to Elected Trustees
4. Reorganize the Board of Trustees:
4.a) Elect the President
4.b) Elect the Vice President
4.c) Elect the Secretary
5. Consider Minutes of Previous Meeting(s)
6. Consider Purchases of Goods or Services that Exceed $25,000:
7. Consider Budget  Amendments
8. Consider Authorization to Pay Current Bills
9. FCAD Preliminary Property Value Report
10. Consider Teague High School NHS/STUCO out-of-state trip
11. Consider Extended Local Leave Policy
12. Consider Updates to Stipend Schedule

13. Consideration and Action on a Resolution Approving an Engagement Agreement for Bond Counsel Legal Services with Cantu Harden Montoya LLP; and other matters in connection therewith.
Paperwork will be under "extras"
14. Review Reports/Discussion Items:
14.a) Tax Collector's Report
14.b) Financial Report
15. Executive Session:
15.a) Employment Discussions
15.b) Student Concerns
15.c) Personnel Concerns
15.d) Security Update
16. Consider Extension of Depository Contract
17. 2026-2027 Budget Review
18. Adjournment
Agenda Item Details Reload Your Meeting
Meeting: May 19, 2026 at 5:15 PM - Regular Meeting
Subject:
1. Call to Order; Establish Quorum
Subject:
2. Audience with Patrons, Staff and Students
Subject:
3. Administer Oath of Office to Elected Trustees
Subject:
4. Reorganize the Board of Trustees:
Subject:
4.a) Elect the President
Subject:
4.b) Elect the Vice President
Subject:
4.c) Elect the Secretary
Subject:
5. Consider Minutes of Previous Meeting(s)
Subject:
6. Consider Purchases of Goods or Services that Exceed $25,000:
Subject:
7. Consider Budget  Amendments
Subject:
8. Consider Authorization to Pay Current Bills
Subject:
9. FCAD Preliminary Property Value Report
Subject:
10. Consider Teague High School NHS/STUCO out-of-state trip
Subject:
11. Consider Extended Local Leave Policy
Subject:
12. Consider Updates to Stipend Schedule
Subject:

13. Consideration and Action on a Resolution Approving an Engagement Agreement for Bond Counsel Legal Services with Cantu Harden Montoya LLP; and other matters in connection therewith.
Paperwork will be under "extras"
Description:
EXHIBIT C: HB2826 LANGUAGE
POST WITH MAY 19, 2026 AGENDA

FINDINGS OF THE BOARD OF TRUSTEES OF THE TEAGUE INDEPENDENT SCHOOL DISTRICT, RELATING TO THE RESOLUTION APPROVING AN ENGAGEMENT AGREEMENT FOR BOND COUNSEL LEGAL SERVICES WITH CANTU HARDEN MONTOYA LLP; AND OTHER MATTERS IN CONNECTION THEREWITH, TO BE CONSIDERED FOR ADOPTION BY THE DISTRICT ON MAY 19, 2026
 
  1. The Board of Trustees of the District intends to engage Cantu Harden Montoya LLP, as the most qualified candidate submitting a response to a request for proposals previously issued by the District, to provide the District with bond counsel and disclosure counsel legal services pertaining to the District’s issuance of public securities on the public or private market, including advising the District on any "official statement" to potential investors pursuant to federal securities laws and issuing a legal opinion as to the foregoing;
  2. Cantu Harden Montoya LLP has consistently demonstrated its competence, qualifications, and experience as an industry leader in public finance matters through the provision of bond counsel and disclosure counsel legal services, the representation of municipal advisors, issuers, and other parties in United States Securities and Exchange Commission enforcement actions, the publication of disclosure policies and the representation of state agencies and political subdivisions within the State of Texas on public securities related issues and matters;
  3. Accessing the public or private markets through the issuance of public securities and providing an "official statement" of the District to potential investors is governed by State and federal securities and federal tax laws and requires the advice of legal advisors that specialize in public finance matters that are well versed in public finance legal matters;
  4. Engaging an attorney in private practice who specializes in public finance matters that is well versed in State and federal securities and federal tax laws pursuant to an hourly fee arrangement would likely result in higher fees to be paid by the District, and such fees incurred would be payable by the District by amounts on deposit in the District’s General Fund, whether or not the public securities are actually issued;
  5. Fees for legal services in public finance matters, including bond counsel and disclosure counsel legal services, have traditionally been paid pursuant to a contingent fee contract, where such fees become payable only upon the successful issuance of the public securities and solely from the proceeds of the public securities;
  6. Entering into a contract for bond counsel legal services with Cantu Harden Montoya LLP (a firm that specializes in public finance matters and is well versed in State and federal securities and federal tax laws) payment of which is contingent on the District’s successful issuance of public securities and payable out of public securities proceeds provides the District a superior level of bond counsel and disclosure counsel legal services and fee(s) payable under the contract are reasonable in the public finance market and would likely be less than if such services were conducted pursuant to an hourly rate contract with an attorney specializing in such public finance matters; and
  7. For each of the reasons stated above, this selection of bond counsel and disclosure counsel legal services pursuant to a contingent fee contract is in the best interest of the residents of the District.

*    *    *    *

 
Subject:
14. Review Reports/Discussion Items:
Subject:
14.a) Tax Collector's Report
Subject:
14.b) Financial Report
Subject:
15. Executive Session:
Subject:
15.a) Employment Discussions
Subject:
15.b) Student Concerns
Subject:
15.c) Personnel Concerns
Subject:
15.d) Security Update
Subject:
16. Consider Extension of Depository Contract
Subject:
17. 2026-2027 Budget Review
Subject:
18. Adjournment

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