Spec Assessment Rev Bonds Ser 2018 (Magnolia Ridge Phase 1 PID)
$1,445,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- January 12, 2018
- Fiscal year issued
- 2018
- Par amount
- $1,665,000
- New money / refunding
- $1,665,000 / $0
- Pledge
- Revenue
- Purpose
- General purpose
- Sale
- Private placement
- Final maturity
- March 1, 2047
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $1,445,000 | $1,087,703 | $2,532,703 |
| 2024 | $1,475,000 | $1,170,923 | $2,645,923 |
| 2023 | $1,505,000 | $1,255,853 | $2,760,853 |
| 2022 | $1,535,000 | $1,342,493 | $2,877,493 |
| 2021 | $1,560,000 | $1,430,700 | $2,990,700 |
| 2020 | $1,585,000 | $1,520,333 | $3,105,333 |
| 2019 | $1,610,000 | $1,611,390 | $3,221,390 |
| 2018 | $1,665,000 | $1,704,728 | $3,369,728 |
Costs of issuance
Download CSVOne-time costs reported: $153,115, or $91.96 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $1,665.00 | $1.00 |
| Bond counsel | Andrews Kurth Kenyon LLP | One time | $65,000.00 | $39.04 |
| Disclosure counsel | Andrews Kurth Kenyon LLP | One time | $15,000.00 | $9.01 |
| Private placement | BC Ziegler & Co | One time | $49,950.00 | $30.00 |
| Private placement counsel | Winstead PC | One time | $10,000.00 | $6.01 |
| Trustee | Bank of New York Mellon Trust Co | One time | $4,000.00 | $2.40 |
| Trustee | Bank of New York Mellon Trust Co | Annual | $2,000.00 | $1.20 |
| Trustee counsel | McGuire Craddock & Strother PC | One time | $7,500.00 | $4.50 |
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.