Terms
- Closing date
- May 28, 2025
- Fiscal year issued
- 2025
- Par amount
- $1,675,000
- New money / refunding
- $1,675,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- August 1, 2045
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $1,675,000 | $855,054 | $2,530,054 |
Costs of issuance
Download CSVOne-time costs reported: $103,446, or $61.76 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Bond counsel | Bracewell LLP | One time | $32,675.00 | $19.51 |
| Bond insurance (paid by the underwriter) | Build America Mutual (BAM) Assurance Co | One time | $9,000.00 | $5.37 |
| Financial advisor | USCA Municipal Advisors LLC | One time | $32,875.00 | $19.63 |
| Underwriter's spread: management fee (paid by the underwriter) | Raymond James & Associates Inc | One time | $1,179.50 | $0.70 |
| Paying agent and registrar | Zions Bancorporation NA | One time | $200.00 | $0.12 |
| Paying agent and registrar | Zions Bancorporation NA | Annual | $500.00 | $0.30 |
| Printing | ImageMaster LLC | One time | $2,087.68 | $1.25 |
| Rating agency | S&P | One time | $13,775.00 | $8.22 |
| Underwriter's spread: expenses (paid by the underwriter) | Raymond James & Associates Inc | One time | $2,746.55 | $1.64 |
| Underwriter's spread: takedown (paid by the underwriter) | Raymond James & Associates Inc | One time | $8,906.90 | $5.32 |
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.