Spec Assessment Rev Bonds Ser 2021 (Timberbrook PID 1 Impr Area 2 Proj)
$18,684,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- September 2, 2021
- Fiscal year issued
- 2022
- Par amount
- $20,270,000
- New money / refunding
- $20,270,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 1, 2052
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $18,684,000 | $11,682,504 | $30,366,504 |
| 2024 | $19,071,000 | $12,364,146 | $31,435,146 |
| 2023 | $19,461,000 | $13,055,499 | $32,516,499 |
| 2022 | $20,270,000 | $14,301,763 | $34,571,763 |
Costs of issuance
Download CSVOne-time costs reported: $1,456,100, or $71.84 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 | $0.47 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $405,400.00 | $20.00 |
| Contingency | Not reported | One time | $4,000.00 | $0.20 |
| Financial advisor | Hilltop Securities Inc | One time | $405,400.00 | $20.00 |
| Issuer fee | City of Justin | One time | $1,200.00 | $0.06 |
| Issuer counsel | Boyle & Lowry LLP | One time | $7,500.00 | $0.37 |
| Printing | ImageMaster LLC | One time | $3,500.00 | $0.17 |
| Printing | MuniOS | One time | $0.00 | $0.00 |
| Underwriter's spread: expenses | Not reported | One time | $5,000.00 | $0.25 |
| Underwriter's spread: takedown | Not reported | One time | $400,400.00 | $19.75 |
| Trustee | Wilmington Trust NA | One time | $5,500.00 | $0.27 |
| Trustee counsel | Naman Howell Smith & Lee PLLC | One time | $6,000.00 | $0.30 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $202,700.00 | $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.