NOTICE OF BOND ELECTION

NOTICE OF BOND ELECTION TO THE RESIDENT QUALIFIED VOTERS OF FABENS INDEPENDENT SCHOOL DISTRICT: NOTICE IS HEREBY GIVEN THAT an election will be held within the Fabens Independent School District, on Tuesday, November 4, 2014, as ordered by the Board of Trustees of Fabens Independent School District, a substantial copy of which order is printed below: AN ORDER BY THE BOARD OF TRUSTEES OF FABENS INDEPENDENT SCHOOL DISTRICT CALLING A BOND ELECTION TO BE HELD FOR SAID DISTRICT; PROVIDING FOR THE CONDUCT AND THE GIVING OF NOTICE OF SAID ELECTION; AND CONTAINING PROVISIONS NECESSARY AND INCIDENTAL TO THE PURPOSES HEREOF WHEREAS, this Board of Trustees finds and determines that it is necessary and advisable to call and hold an election for and within Fabens Independent School District (the "District") on the propositions hereinafter set forth; and WHEREAS, it is further found and determined that the meeting at which this order was adopted was open to the public, and public notice of the time, place, and purpose of said meeting was given, all as required by the Texas Government Code, Chapter 551; Now, Therefore BE IT ORDERED BY THE BOARD OF TRUSTEES OF FABENS INDEPENDENT SCHOOL DISTRICT: Section 1. Findings. The statements contained in the preamble of this Order are true and correct and adopted as findings of fact and operative provisions hereof. Section 2. Election Ordered; Date; Propositions. An election shall be held for and within the District on November 4, 2014, at which election the following propositions shall be submitted in accordance with law: PROPOSITION NO. 1 Shall the Board of Trustees of Fabens Independent School District be authorized to issue the bonds of the District, in one or more series, in the aggregate principal amount of $7,000,000, for the purpose of the construction, renovation, acquisition and equipment of school buildings in the District and the purchase of new school buses, with said bonds to mature, bear interest, and be issued and sold in accordance with law at the time of issuance; and shall the Board of Trustees be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes, on all taxable property in the District, sufficient, without limit as to rate or amount, to pay the principal of and interest on said bonds? PROPOSITION NO. 2 Shall the Board of Trustees of Fabens Independent School District be authorized to issue the bonds of the District, in one or more series, in the aggregate principal amount of $1,400,000, for the purpose of refunding said District's Maintenance Tax and Revenue Note, Series 2014 that was issued pursuant to Section 45.108, Texas Education Code, as amended, with said bonds to mature, bear interest, and be issued and sold in accordance with law at the time of issuance; and shall the Board of Trustees be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes, on all taxable property in the District, sufficient, without limit as to rate or amount, to pay the principal of and interest on said bonds, and the costs of any credit agreements executed in connection with the bonds? Section 3. Precincts and Polling Places. The election precincts for said election, and the polling place for each such precinct on election day, are hereby established and designated in Exhibit A attached hereto, which is incorporated herein by reference and made a part hereof for all purposes. Section 4. Early Voting. The Main Early Voting Polling Place and the Branch Early Voting Polling Places for conducting early voting by personal appearance and the address for early voting by mail for said election are hereby designated as set forth in Exhibit A attached hereto. Exhibit A shall be modified to include additional or different early voting locations as may be designated by the El Paso County Elections Administrator and to conform to the Joint Election Agreement with the El Paso County Elections Administrator.

Section 5. Voting Hours. (a) On election day the polls shall be open from 7:00 A.M. to 7:00 P.M. (b) The dates and hours for early voting by personal appearance at the Main Early Voting Polling Place and the Temporary Branch Early Voting Polling Places shall be as set forth in Exhibit A hereto. Section 6. Election Officers. The election officers designated by the El Paso County Elections Department are hereby appointed and confirmed to hold said election at said polling places, in accordance with the agreement between the El Paso County Elections Department and the District for the El Paso County Elections Department to conduct the election. As determined by the El Paso County Elections Department, the Presiding Judges shall appoint qualified election clerks to serve and assist in conducting said election; providing that if a Presiding Judge for a polling place actually serves as expected, the Alternate Presiding Judge for such polling place shall be one of such clerks. An early ballot board is hereby created to process early voting results, and the individual designated by the El Paso County Elections Department is hereby appointed the presiding judge of said board. The presiding judge shall appoint at least two other members of the board. Javier Chacon, El Paso County Elections Administrator, shall serve as early voting clerk for the election. Section 7. Official Ballots. (a) Voting at said election on election day and early voting by personal appearance and by mail shall be by the use of a touch screen voting system. (b) The official ballots for said election shall be prepared in accordance with the Texas Election Code so as to permit the electors to vote "FOR" or "AGAINST" the aforesaid propositions, which shall be set forth substantially in the following form: PROPOSITION NO. 1 THE ISSUANCE OF $7,000,000 OF BONDS BY FABENS INDEPENDENT SCHOOL DISTRICT FOR THE CONSTRUCTION, RENOVATION, ACQUISITION AND EQUIPMENT OF SCHOOL BUILDINGS IN THE DISTRICT AND THE PURCHASE OF NEW SCHOOL BUSES, AND THE LEVYING OF THE TAX IN PAYMENT THEREOF PROPOSITION NO. 2 THE ISSUANCE OF $1,400,000 OF BONDS TO REFUND FABENS INDEPENDENT SCHOOL DISTRICT MAINTENANCE TAX AND REVENUE NOTE, SERIES 2014, AND LEVYING THE TAX IN PAYMENT THEREOF Section 8. Bilingual Election Materials. The election materials enumerated in Tex. Elec. Code Ann. 272.001, et seq., shall be printed and furnished in both English and Spanish for use at the polling places and for early voting. Section 9. Conduct of Election. Said election shall be conducted in all respects in accordance with the Texas Election Code, and all resident qualified electors of the District shall be entitled to vote at said election. Pursuant to the federal Help America Vote Act and the Texas Election Code, each polling place shall be provided at least one voting system equipped for individuals with disabilities. Section 10. Notice of Election. (a) A substantial copy of this Order shall serve as proper Notice of said election, and the President of the Board of Trustees shall cause said Notice to be published one time, not earlier than the 30th day or later than the 10th day prior to the date set for the election, in a newspaper published in said District or, if none is published in said District, in a newspaper of general circulation in said District. The President of the Board of Trustees shall also cause said Notice to be continuously posted (i) during the period beginning on or before the 21st day before the election through election day (A) on the bulletin board used for posting notices of meetings of the Board of Trustees, (B) at three other public places in the District and (C) on the District's Internet website and (ii) on election day and during early voting by personal appearance in a prominent location at each polling place. (b) Such notice, as posted and published, shall include and constitute a schedule stating the location of the temporary branch early voting polling places for said election, the election precincts served by the temporary branch polling places and the dates and hours that temporary branch voting will be conducted.

Section 11. Required Information. In accordance with the provisions of Section 3.009(b), Texas Election Code, it is hereby found and determined that: (a) The proposition language that will appear on the ballot is set forth in Section 7 hereof. (b) The purpose for which the bonds are to be authorized is set forth in Section 2 hereof. (c) The principal amount of the bonds to be authorized is set forth in Sections 2 and 7 hereof. (d) As set forth in Sections 2 and 7 hereof, if the bonds are approved by the voters, the Board of Trustees will be authorized to impose and levy annual ad valorem taxes, on all taxable property in the District, sufficient, without limit as to rate or amount, to pay the principal of and interest on the bonds. (e) Based upon the bond market conditions at the date of adoption of this Order, the maximum interest rate for any series of the bonds is estimated to be 5.00% as calculated in accordance with applicable law. Such estimate is based on advice received from the District's financial advisor, which advice takes into account a number of factors, including the issuance schedule, maturity schedule and the expected bond ratings of the proposed bonds. Such estimated maximum interest rate is provided as a matter of information, but is not a limitation on the interest rate at which the bonds, or any series thereof, may be sold. (f) As set forth in Section 2 hereof, if the bonds are approved, they may be issued in one or more series, to mature over a period not to exceed 40 years. (g) The aggregate amount of the outstanding principal of the District's bonds (all of which are secured by an unlimited tax levied for debt service purposes) as of the beginning of the District's 2013-2014 fiscal year is $24,455,000. (h) The aggregate amount of the outstanding interest on the District's bonds as of the beginning of the District's 2013-2014 fiscal year is $15,564,747. (i) The ad valorem debt service tax rate for the District for the 2013-2014 fiscal year is $0.2219 per $100 of taxable assessed valuation. -------------------------------------- EXHIBIT A FABENS INDEPENDENT SCHOOL DISTRICT BOND ELECTION November 4, 2014 Election Day Voting - Polling Places Hours for voting: 7:00 A.M. to 7:00 P.M. El Paso County Election Precincts (or portions thereof within Fabens Independent School District) County Election Precinct No. 172 County Election Precinct No. 173 Polling Places: Rio Valle Woman's Club 521 Mike Maros Street Fabens, Texas 79836 Tornillo ISD Administration Building 19200 Cobb Street Tornillo, Texas 79853 Early Voting - Early Voting Polling Places, Dates and Hours October 20, 2014 through October 24, 2014 (Monday - Friday) AS SHOWN BELOW October 25, 2014 (Saturday) 7:00 a.m. to 7:00 p.m. ALL STATIONS October 26, 2014 (Sunday) 12:00 p.m. (noon) to 5:00 p.m. ALL STATIONS October 27, 2014 through October 31, 2014 (Monday - Friday) 7:00 a.m. to 7:00 p.m. ALL STATIONS (except legal State holidays)

Main Early Voting Polling Place Dates and Hours for Early Voting County Courthouse - Lower Level Dates: October 20, 2014 through October 24, 2014 500 East San Antonio, Hours: 8:00 A.M. to 5:00 P.M. Branch Early Voting Polling Places Dates and Hours for Early Voting Ann M. Garcia-Enriquez Middle School Dates: October 20, 2014 through October 24, 2014 12280 Socorro Road, San Elizario, Texas Hours: 8:00 A.M. to 4:00 P.M. Bassett Place, Suite 625 Dates: October 20, 2014 through October 24, 2014 6101 Gateway West, Hours: 9:00 A.M. to 6:00 P.M. Canutillo Nutrition Dates: October 20, 2014 through October 24, 2014 7351 Bosque Road, Canutillo, Texas Hours: 9:00 A.M. to 6:00 P.M. Canutillo Elementary Dates: October 20, 2014 through October 24, 2014 651 Canutillo Avenue, Canutillo, Texas Hours: 8:30 A.M. to 4:30 P.M. Carolina Recreation Dates: October 20, 2014 through October 24, 2014 563 North Carolina Drive, Hours: 9:00 A.M. to 6:00 P.M. Clint ISD Early College Academy Dates: October 20, 2014 through October 24, 2014 13100 Alameda Avenue, Clint, Texas Hours: 8:30 A.M. to 5:00 P.M. Lower Valley Water District Dates: October 20, 2014 through October 24, 2014 1557 F.M. Road 1110, Clint, Texas Hours: 8:00 A.M. to 5:00 P.M. Marty Robbins Recreation Dates: October 20, 2014 through October 24, 2014 11600 Vista Del Sol Drive, Hours: 9:00 A.M. to 6:00 P.M. Oz Glaze Senior Dates: October 20, 2014 through October 24, 2014 13969 Veny Webb, Horizon City, Texas Hours: 8:00 A.M. to 5:00 P.M. Pavo Real Recreation Dates: October 20, 2014 through October 24, 2014 9301 Alameda Avenue, Hours: 9:00 A.M. to 6:00 P.M. Pebble Village, Suite F Dates: October 20, 2014 through October 24, 2014 10780 Pebble Hills Boulevard, Hours: 9:00 A.M. to 6:00 P.M. Polly Harris Senior Dates: October 20, 2014 through October 24, 2014 650 Wallenberg Drive, Hours: 9:00 A.M. to 6:00 P.M. Regency of El Paso Dates: October 20, 2014 through October 24, 2014 221 Bartlett Drive, Hours: 9:00 A.M. to 6:00 P.M. Rogelio Sanchez - County Building Dates: October 20, 2014 through October 24, 2014 1331 North Fabens Street, Fabens, Texas Hours: 9:00 A.M. to 6:00 P.M. Sun Valley, # 109 Dates: October 20, 2014 through October 24, 2014 4525 Sun Valley Drive, Hours: 9:00 A.M. to 6:00 P.M. Sunrise Shopping, #56 Dates: October 20, 2014 through October 24, 2014 8500 Dyer Street, Hours: 9:00 A.M. to 6:00 P.M. Tornillo ISD Administration Building Dates: October 20, 2014 through October 24, 2014 19200 Cobb Street, Tornillo, Texas Hours: 8:30 A.M. to 4:30 P.M.

Village of Vinton City Hall Dates: October 20, 2014 through October 24, 2014 436 E. Vinton Road, Tornillo, Texas Hours: 3:00 P.M. to 6:00 P.M. Vista Estrella Shopping I #103 Dates: October 20, 2014 through October 24, 2014 1830 George Dieter Drive, Hours: 9:00 A.M. to 6:00 P.M. Zaraplex #139 Dates: October 20, 2014 through October 24, 2014 1700 Zaragoza Road, Hours: 9:00 A.M. to 6:00 P.M. Temporary Branch Early Voting Polling Places Date Temporary #1 Temporary #2 Temporary #3 October 20, 2014 Monday 8:30 A.M. - 4:30 P.M South El Paso Senior 600 S. Ochoa Street Multipurpose Recreation 9031 Viscount Boulevard Good Samaritan Towers 7750 Lilac Way October 21, 2014 Tuesday 9:00 A.M. - 5:00 P.M. University of Texas at El Paso Union East 1 ST Floor 500 W. University Avenue El Paso Community College Rio Grande Campus 100 W. Rio Grande Avenue Gary Del Palacio Recreation 3001 Parkwood Street October 22, 2014 Wednesday 8:00 A.M. - 5:00 P.M. University of Texas at El Paso Union East 1 ST Floor 500 W. University Avenue El Paso ISD Education 6531 Boeing Drive Ysleta Central Office 9600 Sims Drive October 23, 2014 Thursday 8:00 A.M. - 5:00 P.M. Region 19 Education Service 6611 Boeing Drive Ambrosio Guillen Veterans Home in El Paso 9650 Kenworthy Street Ysleta Central Office 9600 Sims Drive October 24, 2014 Friday Hilos De Plata Senior Citizen 4451 Delta Drive Jose Cisneros Cielo Vista 1300 Hawkins Boulevard (10:00 A.M. - 6:00 P.M.) Montana Vista Fire Rescue 13978 Montana Avenue (9:00 A.M. - 5:00 P.M.) October 25, 2014 Saturday 10:00 A.M. - 6:00 P.M. Dorris Van Doren Regional Branch 551 Redd Road Richard Burges Branch 9600 Dyer Street Gary Del Palacio Recreation 3001 Parkwood Street October 26, 2014 Sunday 12:00 noon - 5:00 P.M. Jose Cisneros Cielo Vista 1300 Hawkins Boulevard El Paso Police-Headquarters 911 N. Raynor Street Mission Valley Regional Command 9011 Escobar Drive

Date Temporary #1 Temporary #2 Temporary #3 October 27, 2014 Monday 8:30 A.M. to 4:30 P.M El Paso Community College Valle Verde Campus 919 Hunter Drive (9:00 A.M. 5:00 P.M.) Multipurpose Recreation 9031 Viscount Boulevard Montana Vista Community 14618 Greg Drive October 28, 2014 Tuesday 8:00 A.M. - 5:00 P.M. El Paso City Hall 300 N. Campbell Street Rae Gilmore Recreation 8501 Diana Drive (8:30 A.M. 4:30 P.M.) Montana Patrol Station 12501 Montana Avenue October 29, 2014 Wednesday Esperanza Acosta Moreno 12480 Pebble Hills Boulevard (10:00 A.M. 6:00 P.M.) Nolan Richardson Recreation 4435 Maxwell Avenue El Paso Community College Mission Campus 10700 Gateway E. (9:00 A.M. - 5:00 P.M.) October 30, 2014 Thursday 10:00 A.M. - 6:00 P.M. Clardy Fox 5515 Robert Alva Avenue Jose Cisneros Cielo Vista 1300 Hawkins Boulevard Esperanza Acosta Moreno 12480 Pebble Hills Boulevard October 31, 2014 Friday 10:00 A.M. - 6:00 P.M. Memorial Park 3200 Copper Avenue Judge Edward S. Marquez 610 N. Yarbrough Drive Eastside Senior 3200 Fierro Street The Early Voting Polling Places for the election shall include all locations, on such dates and during such hours, as may be established by the El Paso County Elections Department as Branch Early Voting Polling Places. Any voter who is entitled to vote an early ballot by personal appearance may do so at the Main Early Voting Polling Place or at any Temporary Branch Early Voting Polling Place. Address for Early Voting by Mail: Department of Elections 500 E. San Antonio, Room L-115 79901 Attention: Early Voting Clerk Applications for ballot by mail may be received no later than the close of business on October 24, 2014.