LANTAN,+
I)enton County f)evelopment District 4
I)enton County FreshWater Supply District 6
f)enton CorurtyFreshWater Supply District 7
September
28,2010
Municipal
Securities
Rulemaking
Board
Attention:LeslieCarey,AssociateGeneralCounsel
1900DukeStreet,Suite600
Alexandria,
Virginia22314
DearLeslie,
I am the GeneralManagerof LantanaTexas(DentonCountyFreshWater
SupplyDistricts
6 & 7).We werecreatedin 2000,andnowhaveapproximately
2,300
occupied
homes.At buildoutwe willhaveabout4,500homesranging
from$200Kto
over$1 millionin value.
TexasLawrequires
us to sellall bondson a competitive
basis.Ourfirstbond
salewasin 2001andthe Districts
havesolda total15 separate
issues.FirstSouthwest
Companyis the Financial
Advisorfor bothDistricts
andhasbidon severalof our issues.
participation
BothDistricts
welcomeFirstSouthwest's
in our bondsalesto increasethe
competition
and resultin betterratesfor our issues.We wouldpreferto continue
allowing
financial
advisors
to bidon all competitive
bondsales.However,
if changesare
proposed
to MSRB'sruleG-23theyshouldstillallowfinancial
advisors
the abilityto bid
on competitive
issuesof lessthan$10millionin size,
Pleasedo not hesitateto contactme if you haveanyquestionsor desireto
discussthismatter.
evinMe/cer
eneralManager
2 6 , 5 0F ' M4 0 7 E a s tS t e .l l 1 2 5
Bartonville^Texas 76226
PH #.940-728-5050
FAX #: 940-725-2192