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Laredo

Sports Venue Sales Tax Rev Bonds Txbl Ser 2022

$15,530,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 7, 2022
Fiscal year issued
2023
Par amount
$16,470,000
New money / refunding
$16,470,000 / $0
Pledge
Revenue
Purpose
Economic development
Sale
Negotiated
Final maturity
March 15, 2047

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$15,530,000$14,135,944$29,665,944
2024$15,865,000$15,136,779$31,001,779
2023$16,180,000$16,153,521$32,333,521

Costs of issuance

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One-time costs reported: $333,348, or $20.24 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$0.58
Bond counselMcCall Parkhurst & Horton LLPOne time$23,970.00$1.46
Bond insuranceBuild America Mutual (BAM) Assurance CoOne time$64,163.28$3.90
ContingencyNot reportedOne time$3,815.25$0.23
Financial advisorEstrada Hinojosa & Co IncOne time$80,645.00$4.90
Underwriter's spread: management feeNot reportedOne time$8,235.00$0.50
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.05
PrintingFinancial Printing Resources IncOne time$1,250.00$0.08
PrintingFinancial Printing Resources IncOne time$2,500.00$0.15
Rating agencyMoodysOne time$29,000.00$1.76
Rating agencyS&POne time$20,700.00$1.26
Underwriter's spread: expensesNot reportedOne time$5,853.37$0.36
Underwriter's spread: takedownNot reportedOne time$75,481.25$4.58
Underwriter's counsel (paid by the underwriter)Winstead PCOne time$8,235.00$0.50

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.