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Pilot Point

Spec Assessment Rev Bonds Ser 2022 (Mobberly PID Major Impr Area Proj)

$6,597,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
June 3, 2022
Fiscal year issued
2022
Par amount
$6,684,000
New money / refunding
$6,684,000 / $0
Pledge
Revenue
Purpose
Water and sewer
Sale
Negotiated
Final maturity
March 15, 2053

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$6,597,000$7,659,308$14,256,308
2024$6,684,000$8,090,940$14,774,940
2023$6,684,000$8,525,400$15,209,400
2022$6,684,000$8,865,727$15,549,727

Costs of issuance

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One-time costs reported: $543,791, or $81.36 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$6,684.00$1.00
Bond counselNorton Rose Fulbright US LLPOne time$133,680.00$20.00
ContingencyNot reportedOne time$5,000.00$0.75
Financial advisorHilltop Securities IncOne time$137,680.00$20.60
Issuer counselMesser Fort & McDonald PLLCOne time$25,000.00$3.74
Other costsCity of Pilot PointOne time$15,000.00$2.24
Other costsP3Works LLCOne time$2,326.67$0.35
Other costsPeyco Southwest Realty IncOne time$1,900.00$0.28
PrintingImageMaster LLCOne time$3,000.00$0.45
Underwriter's spread: takedownNot reportedOne time$133,680.00$20.00
TrusteeWilmington Trust NAOne time$6,500.00$0.97
Trustee counselNaman Howell Smith & Lee PLLCOne time$6,500.00$0.97
Underwriter's counsel (paid by the underwriter)Winstead PCOne time$66,840.00$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.