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Friendswood

Spec Assessment Rev Bonds Ser 2024 (Friendswood City Center PID Initial Major Impr Proj)

$36,907,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
November 27, 2024
Fiscal year issued
2025
Par amount
$36,907,000
New money / refunding
$36,907,000 / $0
Pledge
Revenue
Purpose
Transportation
Sale
Negotiated
Final maturity
March 15, 2055

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$36,907,000$51,969,365$88,876,365

Costs of issuance

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One-time costs reported: $2,639,201, or $71.51 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$9,500.00$0.26
Bond counselBracewell LLPOne time$703,605.00$19.06
ContingencyNot reportedOne time$8,746.33$0.24
Financial advisorBOKF NAOne time$738,140.00$20.00
Other costsIntegra Realty Resources IncOne time$40,000.00$1.08
Other costsP3Works LLCOne time$13,000.00$0.35
PrintingImageMaster LLCOne time$4,000.00$0.11
Underwriter's spread: takedown (paid by the underwriter)FMSbonds IncOne time$738,140.00$20.00
TrusteeWilmington Trust NAOne time$7,000.00$0.19
Trustee counselNaman Howell Smith & Lee PLLCOne time$8,000.00$0.22
Underwriter's counsel (paid by the underwriter)Locke Lord LLPOne time$369,070.00$10.00

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.