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<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=125 BGCOLOR="#996699" TEXT="#080000" bgproperties="fixed" background="1da467d1erlcll.gif"> <div> <FONT SIZE="5" COLOR="#FFFFFF" FACE="Arial" ><B>Cornerstones Municipal Utility District</B></FONT><B>     </B><B>|     </B><A HREF="index.htm" TARGET="_top" TITLE="Cornerstones Municipal Utility District"><U><B>home</B></U></A></div> <div> <A HREF="id2.htm" TARGET="_top" TITLE="Directory "><U>Directory </U></A>   |   <A HREF="id4.htm" TARGET="_top" TITLE="Maps"><U>Maps</U></A>   |   <A HREF="id18.htm" TARGET="_top" TITLE="Rates"><U>Rates</U></A>   |   <A HREF="id3.htm" TARGET="_top" TITLE="Facilities"><U>Facilities</U></A>   |   <B>MUD News</B>   |   <A HREF="id5.htm" TARGET="_top" TITLE="Related Links"><U>Related Links</U></A>   |   <A HREF="id16.htm" TARGET="_top" TITLE="Alerts"><U>Alerts</U></A>   |   <A HREF="id36.htm" TARGET="_top" TITLE="FAQs"><U>FAQs</U></A>   |   <A HREF="id6.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=190 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <B><IMG SRC="228aa8c0.jpg" border=0 width="170" height="140" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> </td> <td valign="top" height=355 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> MUD News</div> <bR> <div> <B><U>2008 DIRECTORS ELECTION</U></B></div> <bR> <div> At their regular meeting on March 17, 2008, the board of directors adopted an Order canceling the May 10, 2008 directors election, the deadlines to run having passed and there not being more candidates than positions up for election.  As provided by the Texas Election Code, the following candidates were declared elected:</div> <bR> <div> Tony Garza</div> <div> Chip Norris</div> <div> John Irwin</div> <bR> <bR> <div> <B><U>2004 DIRECTORS ELECTION RESULTS</U></B></div> <bR> <div> At a special meeting on May 24, 2004, the board of directors canvassed the returns for the May 15, 2004 directors election.  The following tally was accepted and declared official:</div> <bR> <div> <TABLE BORDER="2" CELLPADDING="2" CELLSPACING="1" WIDTH="307" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" ALIGN="BOTTOM" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="189"><div> David Christopher</div> </tD> <tD VALIGN=TOP WIDTH="99"><div> 23 votes</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="189"><div> Tony Garza</div> </tD> <tD VALIGN=TOP WIDTH="99"><div> 81 votes</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="189"><div> Reginald Celestine</div> </tD> <tD VALIGN=TOP WIDTH="99"><div> 17 votes</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="189"><div> John Irwin</div> </tD> <tD VALIGN=TOP WIDTH="99"><div> 76 votes</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="189"><div> Chip Norris</div> </tD> <tD VALIGN=TOP WIDTH="99"><div> 83 votes</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="189"><div> David Amstutz</div> </tD> <tD VALIGN=TOP WIDTH="99"><div> 18 votes</div> </tD> </tR> </TABLE></div> <div> <B> </B></div> <bR> <div> At their reguar meeting on June 21, 2004, the new board elected officers as follows:</div> <div>     </div> <div> <TABLE BORDER="2" CELLPADDING="1" CELLSPACING="1" WIDTH="437" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" ALIGN="BOTTOM" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="226"><div> Tony Garza</div> </tD> <tD VALIGN=TOP WIDTH="196"><div> President</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="226"><div> Gary Hughes </div> </tD> <tD VALIGN=TOP WIDTH="196"><div> Vice-President</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="226"><div> E.C. “Chip” Norris</div> </tD> <tD VALIGN=TOP WIDTH="196"><div> Secretary</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="226"><div> John C. Irwin</div> </tD> <tD VALIGN=TOP WIDTH="196"><div> Assistant Secretary</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="226"><div> Darryl Box</div> </tD> <tD VALIGN=TOP WIDTH="196"><div> Investment Officer</div> </tD> </tR> </TABLE></div> <bR> <bR> <div> <B><U>2004 DIRECTOR ELECTION</U></B></div> <bR> <div> Director elections are held in May of every even-numbered year.  This year, the election will be held within the District on Saturday, May 15, 2004, between the hours of 7:00 a.m. and 7:00 p.m. at the Chesterfield Swim & Tennis Club, 1707 Briarchester Drive.  Early voting will take place on weekdays only from April 28 through May 11 during the hours of 11:00 a.m. to 7:00 p.m., at 22306 Park Point Drive.</div> <bR> <div> The six candidates running for three at-large positions on the board, in the order their names were drawn to appear on the ballot, are:</div> <bR> <div> David Christopher, 22726 Birch Point Drive</div> <div> Tony Garza, 22538 Holly Lake Drive</div> <div> Reginald Celestine, 22715 Birch Point Drive</div> <div> John Irwin, 1514 Valley Landing</div> <div> Chip Norris, 1802 Briarchester</div> <div> David Amstutz, 1514 Brookgrove Drive</div> <bR> <div> All <U>registered</U> voters residing within the District are eligible to vote.  There is no per household limit on the number of voters.  PLEASE COME VOTE!</div> <bR> <div>            </div> <div> <B><U>AD VALOREM TAX RATE FOR 2007</U></B></div> <bR> <div> At their meeting on Monday, October 15, 2007, the Board received and considered the tax rolls for 2007 for the District.  Based on the current valuation of $279,527,914 and the District’s financial requirements to be met by the 2007 tax levy the board unanimously voted that the following rate be levied per $100 valuation of taxable property for the year 2007:</div> <bR> <div>      </div> <div>      1.     For payment of principal and</div> <div>              interest on bonds or notes</div> <div>              payable from taxes.                                         $0.25</div> <bR> <div>      2.     For maintenance and operation</div> <div>              purposes.                                                         <U>$0.18</U></div> <bR> <div>           TOTAL TAX PER $100 VALUATION:             $0.43</div> <bR> <div>  </div> <bR> <div> <A HREF="id42.htm" TARGET="_top" TITLE="City Wants To Resolve Water System Issue"><U><I><B>City Wants To Resolve Water System Issue</B></I></U></A></div> <div> <A HREF="id42.htm" TARGET="_top" TITLE="City Wants To Resolve Water System Issue"><U>Houston Chronicle Article: February 24, 2001</U></A></div> <bR> <div> <A HREF="id49.htm" TARGET="_top" TITLE="County Might Be Winning Water War"><U><I><B>County Might Be Winning Water War</B></I></U></A></div> <div> <A HREF="id49.htm" TARGET="_top" TITLE="County Might Be Winning Water War"><U>Houston Chronicle Article: April 22, 2001</U></A></div> <bR> </td> </tr></table></body>