Terms
- Closing date
- September 18, 2024
- Fiscal year issued
- 2025
- Par amount
- $15,445,000
- New money / refunding
- $15,445,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- August 15, 2044
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $14,915,000 | $7,661,025 | $22,576,025 |
Costs of issuance
Download CSVOne-time costs reported: $199,292, or $12.90 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.62 |
| Bank counsel | Bracewell LLP | One time | $25,700.00 | $1.66 |
| Financial advisor | Hilltop Securities Inc | One time | $48,056.25 | $3.11 |
| Underwriter's spread: management fee (paid by the underwriter) | Frost Bank | One time | $13,657.75 | $0.88 |
| Other costs | Not reported | One time | $4,728.40 | $0.31 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | Annual | $750.00 | $0.05 |
| Printing | MuniPlatform | One time | $375.00 | $0.02 |
| Rating agency | Moodys | One time | $12,160.00 | $0.79 |
| Rating agency | S&P | One time | $11,505.00 | $0.74 |
| Underwriter's spread: takedown (paid by the underwriter) | Frost Bank | One time | $65,887.50 | $4.27 |
| Underwriter's counsel (paid by the underwriter) | Jackson Walker LLP | One time | $7,722.50 | $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.