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 is currently under construction, will be approximately 15 miles and provide a nonstop alternative to the rural roads in the area. The System is anticipated to be open to traffic in 2021.

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

Disclaimer

Each document contained in this section of the Commission website is marked with a Dated Date and speaks only as of that Dated Date. Except as otherwise disclosed in any Official Statement or other document, the Commission expressly disclaims any duty to update any document (or any portion of any document) contained in this section. The information and documents in this section are provided for informational purposes only, and must not be considered an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

More Information

• Investor Relations - Main Page
• Electronic Municipal Market Access (EMMA)
• SH 249 System Bonds - Reports