Houston Community College System
Sub Lien VR Rev Notes Program 2018
Last reported in fiscal year 2019, with $12,804,100 of principal then outstanding.
Terms
- Closing date
- December 13, 2018
- Fiscal year issued
- 2019
- Par amount
- $55,000,000
- New money / refunding
- $55,000,000 / $0
- Pledge
- Revenue
- Purpose
- School facilities and equipment
- Sale
- Private placement
- Final maturity
- April 17, 2020
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2019 | $12,600,000 | $199,920 | $12,799,920 |
| 2019 | $204,100 | $4,953 | $209,053 |
Costs of issuance
Download CSVOne-time costs reported: $210,000, or $3.82 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.17 |
| Bank counsel | Not reported | One time | $35,000.00 | $0.64 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $85,500.00 | $1.55 |
| Co financial advisor | TKG & Associates LLC | One time | $11,410.00 | $0.21 |
| Financial advisor | PFM Group | One time | $45,640.00 | $0.83 |
| MAC | Not reported | One time | $5,900.00 | $0.11 |
| Other costs | Not reported | One time | $3,550.00 | $0.06 |
| Paying agent and registrar | Regions Bank | One time | $750.00 | $0.01 |
| Paying agent and registrar | Regions Bank | Annual | $750.00 | $0.01 |
| Rating agency | Moodys | One time | $12,750.00 | $0.23 |
Source: Local Issuance Fee By Year (updated by the publisher Sep 9, 2026); Debt Outstanding By Issuance Local By Year (updated by the publisher Sep 9, 2026). Loaded here Oct 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.