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