Spec Assessment Rev Bonds Ser 2025 (Westridge PID Impr Area 1 Proj)
$10,800,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- April 22, 2025
- Fiscal year issued
- 2025
- Par amount
- $10,800,000
- New money / refunding
- $10,800,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 1, 2056
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $10,800,000 | $11,633,695 | $22,433,695 |
Costs of issuance
Download CSVOne-time costs reported: $880,950, or $81.57 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 | $0.88 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $162,000.00 | $15.00 |
| City attorney | Boyle & Lowry LLP | One time | $30,000.00 | $2.78 |
| Financial advisor | Hilltop Securities Inc | One time | $241,250.00 | $22.34 |
| Issuer fee | City of Princeton | One time | $25,000.00 | $2.31 |
| PID administrator | 30 Three Sixty Public Finance Inc | One time | $46,500.00 | $4.31 |
| Printing | ImageMaster LLC | One time | $3,500.00 | $0.32 |
| Underwriter's spread: expenses (paid by the underwriter) | FMSbonds Inc | One time | $3,500.00 | $0.32 |
| Underwriter's spread: takedown (paid by the underwriter) | FMSbonds Inc | One time | $212,500.00 | $19.68 |
| Trustee | Regions Bank | Annual | $4,000.00 | $0.37 |
| Trustee | Regions Bank | One time | $3,500.00 | $0.32 |
| Trustee counsel | Thalheimer Cipione Whelan & Morgan PLLC | One time | $15,000.00 | $1.39 |
| Underwriter's counsel (paid by the underwriter) | FMSbonds Inc | One time | $128,700.00 | $11.92 |
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.
