Spec Assessment Rev Bonds Ser 2022 (Mobberly PID Impr Area 2 Proj)
$22,247,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 3, 2022
- Fiscal year issued
- 2022
- Par amount
- $22,550,000
- New money / refunding
- $22,550,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 15, 2053
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $22,247,000 | $23,682,851 | $45,929,851 |
| 2024 | $22,550,000 | $25,011,520 | $47,561,520 |
| 2023 | $22,550,000 | $26,348,333 | $48,898,333 |
| 2022 | $22,550,000 | $27,395,502 | $49,945,502 |
Costs of issuance
Download CSVOne-time costs reported: $1,675,100, or $74.28 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 | $0.42 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $451,000.00 | $20.00 |
| Contingency | Not reported | One time | $5,000.00 | $0.22 |
| Financial advisor | Hilltop Securities Inc | One time | $463,700.00 | $20.56 |
| Issuer counsel | Messer Fort & McDonald PLLC | One time | $25,000.00 | $1.11 |
| Other costs | City of Pilot Point | One time | $15,000.00 | $0.67 |
| Other costs | P3Works LLC | One time | $7,300.00 | $0.32 |
| Other costs | Peyco Southwest Realty Inc | One time | $6,100.00 | $0.27 |
| Printing | ImageMaster LLC | One time | $3,000.00 | $0.13 |
| Underwriter's spread: takedown | Not reported | One time | $451,000.00 | $20.00 |
| Trustee | Wilmington Trust NA | One time | $6,500.00 | $0.29 |
| Trustee counsel | Naman Howell Smith & Lee PLLC | One time | $6,500.00 | $0.29 |
| Underwriter's counsel (paid by the underwriter) | Winstead PC | One time | $225,500.00 | $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.
