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Lavon

Spec Assessment Rev Bonds Ser 2022 (Elevon PID Zone 1 Remainder Area Proj)

$7,902,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
February 15, 2022
Fiscal year issued
2022
Par amount
$8,046,000
New money / refunding
$8,046,000 / $0
Pledge
Revenue
Purpose
General purpose
Sale
Negotiated
Final maturity
March 15, 2053

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$7,902,000$5,917,904$13,819,904
2024$8,046,000$6,266,118$14,312,118
2023$8,046,000$6,617,032$14,663,032
2022$8,046,000$6,997,189$15,043,189

Costs of issuance

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One-time costs reported: $724,361, or $90.03 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$8,148.00$1.01
Bond counselMcCall Parkhurst & Horton LLPOne time$163,920.00$20.37
ContingencyNot reportedOne time$98,403.98$12.23
Financial advisorHilltop Securities IncOne time$160,920.00$20.00
Issuer counselMesser Fort & McDonald PLLCOne time$25,000.00$3.11
Other costsNot reportedOne time$6,489.57$0.81
Other costsP3Works LLCOne time$5,000.00$0.62
Other costsPeyco Southwest Realty IncOne time$3,599.00$0.45
PrintingImageMaster LLCOne time$3,500.00$0.44
Underwriter's spread: expensesNot reportedOne time$2,500.00$0.31
Underwriter's spread: takedownNot reportedOne time$158,420.00$19.69
TrusteeWilmington Trust NAAnnual$4,500.00$0.56
TrusteeWilmington Trust NAOne time$1,500.00$0.19
Trustee counselNaman Howell Smith & Lee PLLCOne time$6,500.00$0.81
Underwriter's counsel (paid by the underwriter)Orrick Herrington & Sutcliffe LLPOne time$80,460.00$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.