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Galveston

Spec Assessment Rev Bonds Ser 2014 (Bayside at Waterman’s PID)

$7,270,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 22, 2014
Fiscal year issued
2015
Par amount
$9,600,000
New money / refunding
$9,600,000 / $0
Pledge
Revenue
Purpose
General purpose
Sale
Negotiated
Final maturity
March 1, 2045

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$7,270,000$5,273,459$12,543,459
2024$7,460,000$5,715,834$13,175,834
2023$7,630,000$6,168,334$13,798,334
2022$7,800,000$6,630,397$14,430,397
2021$8,975,000$7,960,828$16,935,828
2020$9,150,000$8,501,969$17,651,969
2019$9,300,000$9,052,250$18,352,250
2018$9,450,000$9,610,969$19,060,969
2017$9,600,000$10,178,125$19,778,125
2016$9,600,000$10,749,500$20,349,500

Costs of issuance

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One-time costs reported: $634,000, or $66.04 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$0.99
Bond counselBracewell LLPOne time$160,000.00$16.67
Bond insuranceNoneOne time$0.00$0.00
Financial advisorPrincipal Securities IncOne time$85,000.00$8.85
Other costsNot reportedOne time$97,000.00$10.10
Other costsNathan Sommers Jacobs PCAnnual$12,000.00$1.25
Underwriter's spread: takedownNot reportedOne time$192,000.00$20.00
TrusteeWilmington Trust NAOne time$5,500.00$0.57
Underwriter's counselAndrews & Kurth LLPOne time$85,000.00$8.85

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.