Municipal Drainage Util Sys Rev Bonds Ser 2016
$13,595,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- May 4, 2016
- Fiscal year issued
- 2016
- Par amount
- $19,790,000
- New money / refunding
- $19,790,000 / $0
- Pledge
- Revenue
- Purpose
- Combined utility system
- Sale
- Negotiated
- Final maturity
- March 1, 2036
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $13,595,000 | $4,417,500 | $18,012,500 |
| 2024 | $14,500,000 | $5,142,500 | $19,642,500 |
| 2023 | $15,360,000 | $5,910,500 | $21,270,500 |
| 2022 | $16,175,000 | $6,719,250 | $22,894,250 |
| 2021 | $16,955,000 | $7,567,000 | $24,522,000 |
| 2020 | $17,700,000 | $8,439,894 | $26,139,894 |
| 2019 | $18,420,000 | $9,341,588 | $27,761,588 |
| 2018 | $19,115,000 | $10,257,181 | $29,372,181 |
| 2017 | $19,790,000 | $11,206,525 | $30,996,525 |
| 2016 | $19,790,000 | $11,989,734 | $31,779,734 |
Costs of issuance
Download CSVOne-time costs reported: $278,583, or $14.08 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 | $0.48 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $38,685.00 | $1.95 |
| Bond insurance | None | One time | $0.00 | $0.00 |
| Contingency | Not reported | One time | $14,117.00 | $0.71 |
| Financial advisor | First Southwest Co LLC | One time | $42,748.00 | $2.16 |
| Underwriter's spread: management fee | Not reported | One time | $19,790.00 | $1.00 |
| Paying agent and registrar | Wells Fargo Bank | Annual | $500.00 | $0.03 |
| Paying agent and registrar | Wells Fargo Bank | One time | $500.00 | $0.03 |
| Printing | First Southwest Co LLC | One time | $5,000.00 | $0.25 |
| Rating agency | Fitch | One time | $21,000.00 | $1.06 |
| Rating agency | S&P | One time | $18,450.00 | $0.93 |
| Underwriter's spread: expenses | Not reported | One time | $6,074.72 | $0.31 |
| Underwriter's spread: takedown | Not reported | One time | $92,718.75 | $4.69 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $10,000.00 | $0.51 |
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.