MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT NO. 8
MINUTES OF REGULAR MEETING
September 10, 2025

The Board of Directors (the “Board” or “Directors”) of Montgomery County Municipal Utility District No. 8 (the “District” or “MUD 8”) met in regular session, open to the public, on Wednesday, September 10, 2025, at 9:00 a.m., at the Walden Yacht Club, 13101 Melville Drive, Montgomery, Texas 77356, a designated meeting place located inside the boundaries of the District, and the roll was called of the duly constituted officers and members of the Board, to-wit:

John Tryon President
John L. Patton Vice President
Margie Barlow Secretary
Randolph C. Moravec Treasurer/Investment Officer
Michael White Assistant Secretary

All members of the Board were present, thus constituting a quorum. Also attending were Mark Miller of Municipal Accounts & Consulting L.P. (“Bookkeeper” or “MAC”); Messrs. Justin Abshire and Conner Murphy of Quiddity Engineering (“Engineer” or “Quiddity”); Mr. Philip Wright of Hays Utility North Corporation (“Operator” or “Hays North”); Mr. Jim McClellan, General Manager of Walden Community Improvement Association (“WCIA”); Mr. Robert Ginandt, Director for Montgomery County Municipal Utility District No. 9 (“MUD 9”); and
Mr. Elliot M. Barner, attorney, and Ms. Barbara Hankins, paralegal, of Radcliffe Adams Barner PLLC (“Attorney” or “RAB”).

The President, after finding that the notice of the meeting was posted as required by law and determining that a quorum of the Board was present, called the meeting to order at 9:00 a.m. and declared it open for such business as may come before it.

PUBLIC COMMENT

The President opened the meeting to public comment. There being no comments, the President directed the Board to proceed with the agenda.

APPROVAL OF MINUTES OF AUGUST 13, 2025 REGULAR MEETING

The President then directed the Board to the approval of the August 13, 2025 regular meeting minutes. A discussion ensued.

Upon a motion by Director Patton, seconded by Director Barlow, after full discussion and with all Directors present voting aye, the Board approved the minutes of the August 13, 2025 regular meeting minutes, as presented.

2025 TAX RATE

Director Tryon next declared the public hearing open to discuss the District’s proposed tax rate for 2025.

There being no members of the public present to discuss the proposed tax rate, Director Tryon then declared the public hearing closed.

The Board then discussed the proposed tax rate for 2025. Director Moravec recommended that the Board adopt a 2025 tax rate of $0.288 per $100 of assessed valuation, which would be comprised of a debt service tax rate of $0.1688 per $100 of assessed valuation and an operation and maintenance tax rate of $0.1192 per $100 of assessed valuation.

Mr. Barner next presented for the Board’s approval and adoption an Order Setting Rate and Levying Tax for 2025 (the “2025 Tax Rate Order”).

Upon a motion by Director Moravec, seconded by Director Barlow, after full discussion and with all Directors present voting aye, the Board: 1) adopted the 2025 Tax Rate Order; and 2) approved a total ad valorem tax rate of $0.288 per $100 of assessed value for the year 2025, comprised of $0.1688 per $100 assessed valuation for debt service purposes and $0.1192 per $100 assessed valuation for operation and maintenance purposes.

Next, Mr. Barner reviewed with the Board an Order Appointing Tammy McRae, the Montgomery County Tax Assessor-Collector, as the District’s Tax Assessor-Collector.

Upon a motion by Director Moravec, seconded by Director Tryon, after full discussion and with all Directors present voting aye, the Board approved the Order Appointing Tax Assessor-Collector.

Mr. Barner next explained that pursuant to Section 49.455 of the Texas Water Code, as amended, the District is required to amend its District Information Form (“ADIF”) any time information in such form is revised or updated and, therefore, since the District’s 2025 tax rate has been adopted, an amendment to the ADIF is necessary. Mr. Barner further stated that the ADIF is required to be filed with the Montgomery County Real Property Records (the “MCRPR”) and the Texas Commission on Environmental Quality (the “TCEQ”).

Upon a motion by Director Moravec, seconded by Director Barlow, after full discussion and with all Directors present voting aye, the Board approved the ADIF, as presented, and authorized filing of the same with the MCRPR and the TCEQ.

TAX ASSESSOR-COLLECTOR’S REPORT

Mr. Miller reviewed with the Board the Tax Assessor-Collector’s Report for the month of July 2025, a copy of which is attached hereto, including past monthly collections and credits as reported by the Tax Assessor-Collector.

Mr. Miller went on to note that 98.21% of the 2024 taxes have been collected as of July 31, 2025.

Upon a motion by Director Patton, seconded by Director Barlow, after full discussion and with all Directors present voting aye, the Board approved the Tax Assessor-Collector’s Report, as presented.

BOOKKEEPER’S REPORT

Mr. Miller presented to and reviewed with the Board the Bookkeeper’s Report, a copy of which is attached hereto, including the current fund balances, expenditures and investments of the District. A discussion ensued regarding budget requirements.

Upon a motion by Director Moravec, seconded by Director Barlow, after full discussion and with all Directors present voting aye, the Board approved the Bookkeeper’s Report, as presented.

ANNUAL REVIEW OF INVESTMENT POLICY, INCLUDING LIST OF AUTHORIZED BROKERS

Mr. Barner then explained that pursuant to Texas Government Code, Section 2256.005(e), as amended, the District is required to review its Amended and Restated Order Designating Investment Officer and Establishing Rules, Policies and Code of Ethics for the Investment of District Funds and Review of Investments (“Investment Policy”) not less than annually. Mr. Barner noted that neither RAB or MAC recommended any revisions to such policy.

Mr. Miller reported that the List of Authorized Brokers was provided to RAB and explained that no brokers have been added to or removed from the list within the past twelve (12) months.

Upon a motion by Director Moravec, seconded by Director Patton, after full discussion and with all Directors present voting aye, the Board: 1) approved the Order Reviewing Investment Policy and Investment Strategies, as presented; and 2) approved the List of Authorized Brokers, as presented.

ENGINEER’S REPORT

Mr. Murphy then presented the Engineer’s Report, a copy of which is attached hereto.

Mr. Murphy updated the Board on the Lift Station Nos. 5, 6 and 7 Rehabilitation Project. Mr. Murphy stated that CFG Industries (“CFG”) completed the rehabilitation work on the Walden Road and River Road Lift Station No. 5 and has mobilized to Marina Vista Lift Station No. 7. An extensive discussion ensued regarding CFG not adhering to the contract completion schedule.

Mr. Murphy stated that Quiddity will review contract language going forward to limit substantial completion timeframe for contractors. Mr. Murphy then presented for approval, CFG’s Pay Estimate No. 3 in the amount of $157,500.00 and stated that the project is approximately 63% completed. A discussion ensued.

Mr. Murphy next provided an update regarding MUD 9’s Buckingham Water Treatment Plant (the “WTP”) Generator Project. Mr. Murphy stated that MUD 9’s engineer is reviewing submittals and options for fuel storage. Mr. Ginandt stated that MUD 9 is reviewing options of two (2) skid mounted storage tanks providing approximately eight (8) days of run time. A discussion ensued regarding energy efficiency, and it was the consensus of the Board that RAB communicate with the District’s energy provider to present to the Board energy developments beneficial to the District.

Mr. Murphy presented to the Board an update regarding demolition of the Old Walden Fire Station (“OWFS”). Mr. Murphy stated that Quiddity has received from Arcosa Construction Services (“Arcosa”) a revised proposal that includes an asbestos survey, if determined, in the amount of $28,971.85. Mr. Murphy recommended, upon RAB’s review, the Board’s approval and execution of said contract with Arcosa. An extensive discussion ensued regarding details of the contract and the marketable condition of the OWFS location after demolition. Mr. Murphy stated that drainage concerns be addressed to Arcosa during demolition. Mr. Wright stated that Hays North has access to extra fill dirt to assist in beautification and positive drainage of location after demolition.

Mr. Murphy next updated the Board regarding neighbors’ concerns over the elevation of Lots 31 and 32 in Block 9 of Walden on Lake Conroe, Section 2. Mr. Murphy stated Quiddity informed a concerned neighbor that water will be directed according to deed restrictions and provided WCIA contact information, as this is not a District issue.

Upon a motion by Director Barlow, seconded by Director White, after full discussion and with all Directors present voting aye, the Board approved the Engineer’s Report, including: 1) CFG’s Pay Estimate No. 3 in the amount of $157,500.00; and 2) acceptance of Arcosa’s contract, upon RAB’s approval, for demolition of the OWFS in the amount of $28,971.85, as presented.

OPERATOR’S REPORT

Mr. Wright next presented the Operator’s Report, a copy of which is attached hereto.

Mr. Wright reported that 772 customers within the District are currently receiving electronic billing statements. Mr. Wright further reported that there were 25 new customers paying electronically, of which four (4) elected to receive paperless billing. A discussion ensued.

Mr. Wright next reported that the Water Accountability Ratio for the District and MUD 9 was 95.92% for the past billing cycle.

Director Moravec inquired about chemical costs, which Mr. Wright explained that charges are split based on the previous month’s usage, between the District and MUD 9 at Browning. A discussion ensued.

Mr. Wright updated the Board that inspections on the Lift Stations are near completion, and the third (3rd) phase of the original proposal will be presented at the next Board meeting.

Mr. Wright next reported that well tests are being conducted this month and will update the Board at the next meeting.

Mr. Wright updated the Board on repairs necessary to the aged submersible pump at Lift Station No. 7, stating that a rebuild of such pump is nearly equivalent to the purchase of a new pump. A discussion ensued.

Upon a motion by Director Barlow, seconded by Director Tryon, after full discussion and with all Directors present voting aye, the Board approved the Operator’s Report, as presented.

SECURITY AT DISTRICT FACILITIES

Director White updated the Board on Red Tiger’s assessment of the District’s facilities protections against cyber-attacks. A discussion ensued. Mr. Barner reminded the Board that RAB has requested from Red Tiger an executed proposal, including the requisite Form 1295 Certificate of Interested Parties. Director White stated that Red Tiger has visited the facilities and will provide recommendations for review by the Board.

MISCELLANEOUS REPORTS

Mr. McClellan updated the Board on activities and resident concerns regarding the WCIA. A discussion ensued.

Mr. Ginandt then updated and summarized to the Board the actions taken in the recent
MUD 9 meeting.

ATTORNEY’S REPORT

Mr. Barner next explained that Director Patton and Ray Geiselhart, Board President for MUD 9, had met and discussed certain issues with the funding of projects that are subject to the Alternative Water Supply (“AWS”) Facilities Agreement between the District and MUD 9.

Director Patton then reviewed the memorandum he and Mr. Geiselhart prepared with the Board. An extensive discussion ensued.

Upon a motion by Director Patton, seconded by Director Moravec, after full discussion and with all Directors present voting aye, the Board authorized RAB and MUD 9’s general counsel to prepare such amendment.

Mr. Barner updated the Board on the emergency notification to customers and presented to the Board possible procedures for the Operator to issue notifications to customers. A discussion ensued.

THERE BEING NO FURTHER BUSINESS BEFORE THE BOARD, the meeting was adjourned at 10:51 a.m.

PASSED AND APPROVED this the 8th day of October, 2025.

Secretary, Board of Directors