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Magnolia

WW & SS Rev Bonds Ser 2019

Last reported in fiscal year 2020, with $175,000 of principal then outstanding.

Terms

Closing date
April 4, 2019
Fiscal year issued
2019
Par amount
$250,000
New money / refunding
$250,000 / $0
Pledge
Revenue
Purpose
Water and sewer
Sale
Private placement
Final maturity
August 15, 2021

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2020$175,000$3,938$178,938
2019$250,000$13,500$263,500

Costs of issuance

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One-time costs reported: $43,250, or $173.00 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$750.00$3.00
Bond counselHunton Andrews Kurth LLPOne time$40,000.00$160.00
Financial advisorUS Capital Advisors LLCOne timeNot reported
Paying agent and registrarWoodforest National BankOne time$2,500.00$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.