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Dublin Independent School District Resolution Contingency Fee Engagement March 2026

Dublin ISD Approves Bond Counsel Agreement with Leon, Alcala, Morse & Reynolds PLLC

$22,500 plus $0.75 per $1,000 of bond principal and any net premium per series issued; $15,000 per bond/election legal services (due only upon issuance); $5,000 per cash defeasance/redemption; expenses capped at $1,500 plus Attorney General fees/extraordinary expenses; annual fee adjustment not to exceed 3%Dublin IsdLEON ALCALA MORSE & REYNOLDS PLLCMarch 13, 2026

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Derivita logo
Comcate logo
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Description

The Dublin Independent School District Board approved a contingency fee engagement with Leon, Alcala, Morse & Reynolds, PLLC to serve as bond counsel for school district securities. Payment is a fixed plus variable fee contingent on successful bond issuance and covers legal, election, and defeasance services, with annual 3% fee adjustment possible. The agreement was approved on March 23, 2026 for all future school securities issuances until terminated.

Contract Details

Contract Amount

$22,500 plus $0.75 per $1,000 of bond principal and any net premium per series issued; $15,000 per bond/election legal services (due only upon issuance); $5,000 per cash defeasance/redemption; expenses capped at $1,500 plus Attorney General fees/extraordinary expenses; annual fee adjustment not to exceed 3%

Vendor

LEON ALCALA MORSE & REYNOLDS PLLC

Agency

Dublin Isd, TX

Contract Type

LEGAL

Document Date

March 13, 2026

Contract Term

Contingency fee per bond issuance; annual fee adjustments possible; agreement remains in force until terminated or substantially complete

Renewal Info

Fees adjust annually by up to 3% for inflation; either party may terminate engagement at will; applies to each bond series issued until terminated

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