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Rio Grande City

Ltd Tax Ref Bonds Ser 2019

$7,100,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
November 21, 2019
Fiscal year issued
2020
Par amount
$10,305,000
New money / refunding
$0 / $10,305,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
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$7,100,000$1,864,600$8,964,600
2024$7,710,000$2,160,800$9,870,800
2023$8,295,000$2,480,900$10,775,900
2022$8,855,000$2,823,900$11,678,900
2021$9,395,000$3,191,600$12,586,600
2020$9,905,000$3,585,550$13,490,550

Costs of issuance

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One-time costs reported: $247,014, or $23.97 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$0.92
Bond counselWinstead PCOne time$16,500.00$1.60
Bond insuranceBuild America Mutual (BAM) Assurance CoOne time$25,690.17$2.49
Co bond counselPerez Law Firm PLLCOne time$14,750.00$1.43
ContingencyTijerina Galvan Lawrence LLCOne time$61.99$0.01
Escrow agentWells Fargo BankOne time$3,500.00$0.34
Escrow verificationThe Arbitrage Group IncOne time$2,050.00$0.20
Financial advisorTijerina Galvan Lawrence LLCOne time$3,400.00$0.33
Financial advisorTijerina Galvan Lawrence LLCOne time$2,500.00$0.24
Financial advisorTijerina Galvan Lawrence LLCOne time$59,287.27$5.75
Underwriter's spread: management feeNot reportedOne time$5,152.50$0.50
Paying agent and registrarWells Fargo BankOne time$2,000.00$0.19
PrintingFinancial Printing Resources IncOne time$2,500.00$0.24
PrintingTijerina Galvan Lawrence LLCOne time$22,500.00$2.18
Rating agencyS&POne time$17,500.00$1.70
Underwriter's spread: expensesNot reportedOne time$4,578.50$0.44
Underwriter's spread: takedownNot reportedOne time$45,238.95$4.39
Underwriter's counsel (paid by the underwriter)Norton Rose Fulbright US LLPOne time$10,305.00$1.00

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.