SH 249 System Bonds
The SH 249 System (the “System”) consists of Segment 1 that will run from FM 1774 in Pinehurst, Montgomery County, to FM 1774 near Todd Mission, Grimes County. The System, which opened in March 2021, is approximately 15 miles and provides a nonstop alternative to the rural roads in the area.
SH 249 improves overall mobility and accessibility within the tri-county area (Harris, Montgomery, and Grimes counties) by linking growing suburban communities with major roadways and addressing:
- Inefficient connections between suburban communities and major and minor roadways
- Increasing demand from population and economic growth in the area
- Growing safety concerns from increased congestion and emergency evacuation, such as hurricane evacuation
SH 249 System Bond Series Currently Outstanding
| Series | CUSIP Base No. | Fitch |
Moody's |
S&P |
Official Statement |
| 2019-A |
88283NA | Not rated | Baa3 | Not rated |  |
| 2019-B |
88283NB | Not rated | Baa3 | Not rated | |
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