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Rio Grande City

Comb Tax & Rev CO Ser 2020

$12,770,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
July 23, 2020
Fiscal year issued
2020
Par amount
$15,205,000
New money / refunding
$15,205,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
General purpose
Sale
Negotiated
Final maturity
August 15, 2040

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$12,770,000$4,167,400$16,937,400
2024$13,380,000$4,690,400$18,070,400
2023$13,925,000$5,236,500$19,161,500
2022$14,430,000$5,803,600$20,233,600
2021$14,865,000$6,389,500$21,254,500
2020$15,205,000$7,028,068$22,233,068

Costs of issuance

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One-time costs reported: $290,698, or $19.12 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$0.62
Bond counselPerez Law Firm PLLCOne time$21,250.00$1.40
Bond insuranceAssured Guaranty IncOne time$38,018.55$2.50
Co bond counselWinstead PCOne time$21,250.00$1.40
ContingencyNot reportedOne time$4,275.19$0.28
Financial advisorTijerina Galvan Lawrence LLCOne time$73,376.64$4.83
Underwriter's spread: management feeNot reportedOne time$7,602.50$0.50
Other costsNot reportedOne time$1,500.00$0.10
Paying agent and registrarWells Fargo BankOne time$2,000.00$0.13
Paying agent and registrarWells Fargo BankAnnual$1,000.00$0.07
PrintingFinancial Printing Resources IncOne time$1,500.00$0.10
Rating agencyS&POne time$18,000.00$1.18
Underwriter's spread: expensesNot reportedOne time$5,604.22$0.37
Underwriter's spread: takedownNot reportedOne time$70,095.05$4.61
Underwriter's counsel (paid by the underwriter)Locke Lord LLPOne time$16,725.50$1.10

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.