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Mercedes

Comb Tax & Ltd Pledge Rev CO Ser 2018

$7,385,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 20, 2018
Fiscal year issued
2019
Par amount
$9,595,000
New money / refunding
$9,595,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
General purpose
Sale
Negotiated
Final maturity
August 15, 2038

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$7,385,000$2,083,900$9,468,900
2024$7,810,000$2,387,800$10,197,800
2023$8,215,000$2,708,300$10,923,300
2022$8,610,000$3,042,825$11,652,825
2021$8,990,000$3,388,975$12,378,975
2020$9,215,000$3,744,200$12,959,200
2019$9,440,000$4,106,175$13,546,175

Costs of issuance

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One-time costs reported: $201,085, or $20.96 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$0.99
Bond counselNorton Rose Fulbright US LLPOne time$22,500.00$2.35
Bond insuranceBuild America Mutual (BAM) Assurance CoOne time$24,535.06$2.56
Financial advisorRBC Capital Markets LLCOne time$60,347.50$6.29
Underwriter's spread: management feeNot reportedOne time$9,595.00$1.00
Other costsNot reportedOne time$544.04$0.06
Paying agent and registrarUS BankOne time$250.00$0.03
PrintingClements Printing Co LLCOne time$1,750.00$0.18
Rating agencyS&POne time$15,500.00$1.62
Underwriter's spread: expensesNot reportedOne time$4,269.78$0.45
Underwriter's spread: takedownNot reportedOne time$44,793.75$4.67
Underwriter's counsel (paid by the underwriter)Perez Law Firm PLLCOne time$7,500.00$0.78

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 4, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.